Acesite (Phils.) Hotel Corp. (PSE:ACE) closed at ₱1.34 per share as of 03:30 PM GMT+8 on January 8, 2020. It went down by 0.74 percent.
The Total Turnover Value was ₱299,140.00. The local traders were the main drivers of Acesite (Phils.) Hotel Corp. today.
Foreign investors did not trade ACE today.
The immediate support is near ₱1.23, while the immediate resistance is near ₱1.59.
Our 10SMACD combo is bearish.
ACE’s risk level is high due to its historical volatility score of 90.73 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 1.34
Dominant Range: ₱1.34 – ₱1.34
The Momentum Power Indicator of Acesite (Phils.) Hotel Corp. is bearish because all 4 elements are bearish.
True Market Sentiment – EOD
True Market Sentiment on ACE as of Jan-08-2020 at 03:30PM with a last price of ₱1.340
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.3410
Top 10 Players’ Selling Average: ₱1.3414
6 out of 7 participants or 85.71% of all participants registered a 100% BUYING activity
0 out of 7 participants or 0.00% of all participants registered a 100% SELLING activity
Do you have Acesite (Phils.) Hotel Corp. in your portfolio already?
If your trailing stop is still intact, we highly recommend that you reduce the percentage of risk on your trailing stop immediately. The downtrend is more than likely to continue since both 10SMACD and Momentum Power Indicator are bearish. Don’t just hold your position, but reduce your percentage risk. You can use our trailing stop calculator.
You don’t have Acesite (Phils.) Hotel Corp. yet but are you planning to enter a new position?
We do not recommend doing a test-buy on ACE until its 10SMACD combo and Momentum Power Indicator become bullish. Even if it’s a bullish True Market Sentiment today, the number of participants is relatively small.
Please ask for our latest analysis and recommendation on ACE in our Private Clients Forum when you see a significant change on its price or volume.
ONLINE STOCK MARKET COURSE/SEMINAR
Note: This is Mr. Jaycee De Guzman’s “The Evergreen Strategy in Trading and Investing in the Philippine Stock Market”.
📌 Lesson 1: how to filter stocks and create a watchlist you can realistically monitor
📌 Lesson 2: how to know if the trend is more than likely to continue to move up or down
📌 Lesson 3: how to know the true market sentiment and why you should know it
📌 Lesson 4: how to find a confirmed buy signal for a stress-free trading experience
📌 Lesson 5: how to find the best price range when buying new or more shares of stocks
📌 Lesson 6: how to sell more logically and less emotionally when trading or investing
STOCK MARKET SUBSCRIPTION SERVICE
📌 daily video for short-term traders like you
📌 investment guide for long-term investors like you
📌 consultation in the Private Clients Forum
📌 checking of your analysis in our Study Room
📌 20% commission from our Learn-to-Earn Affiliate Program (LEAP)
📌 free online stockbroker’s account and more
- MSME Loans Fall by 12.3% in First Half of 2020 Because of Pandemic - December 28, 2020
- Companies Need to Incorporate Cybersecurity Into Their Operations – SEC - December 28, 2020
- BPI’s Asset Portfolio Grew Past the 1 Trillion Peso Mark - December 28, 2020