Ayala Land, Inc. (ALI) Technical Analysis
Ayala Land, Inc. (ALI) is the second most active, third top traded, and fifth top gainer as of closing on Tuesday, November 10, 2020, after printing an impressive ₱1.23 billion total turnover value (TTV), which is 9.23 percent of the Philippine Stock Exchange Index’s (PSEi) TTV of ₱12.98 billion. Ayala Land closed today at ₱37.75, up by 8.79 percent.
Ayala Land shows several bullish indicators. One is its green last candlestick that’s moving higher than its 10-day simple moving average (SMA). Another one is its MACD line trading above the signal line. This combination makes a bullish 10SMACD, a key element to seeing a confirmed buy signal as far as my proprietary methodology is concerned.
Meanwhile, the foreign investors showed some bullish moves when they registered a net foreign buying worth ₱484 million, which is 39 percent of ALI’s TTV today. It was a very close fight between the local and foreign investors regarding dominance based on their percentage of share on the stock’s TTV. In the end, the local investors won the race as the bigger trader as they transacted a bigger amount than the foreign investors to the tune of a little over ₱100 million.
Today’s green volume bar is higher than 100 percent of ALI’s 10-day volume average. It is also the biggest daily volume bar of ALI since September 3, 2020, and the biggest green volume bar since June 1, 2020.
Despite today’s significant ascent, the foreign investors remain as net sellers year-to-date. I am not expecting a one-day transaction to overwrite three quarters’ worth of net foreign selling, nonetheless.
Ayala Land still possesses the moderate-risk category based on its 10-day historical volatility score of nearly 64 percent. I prefer that this stock remains within the low- to moderate-risk level than seeing its historical volatility higher than 70 percent. A gently moving stock is preferred over an erratic one if you put so much value on peace of mind.
The DMI chart confirms the strong upward momentum as the +DMI hovers the -DMI together with the ADX at nearly 28 points.
This property stock is on the brink of breaking above the immediate resistance at ₱38.00, a precursor to ₱42.60. If the investors will initiate a sell-off near the immediate resistance, watch out for the immediate support near ₱34.40, a precursor to ₱31.80.
Trade-Volume Distribution Analysis
Last Price: ₱37.75
Intraday Low: ₱35.15
Intraday High: ₱37.75
VWAP: ₱36.43
Dominant Range: ₱36.10 – ₱37.75
The overall Momentum Power Indicator is bullish because all of its four elements are bullish. Please watch our online stock market course (for our clients only) to know what those four elements are and how to check their status.
If ALI starts at a price lower than the lower bond of this dominant range, I recommend that you watch out for the second dominant range between ₱35.50 and ₱35.90.
True Market Sentiment – EOD (November 10, 2020)
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱36.3621
Top 10 Players’ Selling Average: ₱36.3209
4 out of 85 participants, or 4.71% of all participants, registered a 100% BUYING activity
38 out of 85 participants, or 44.71% of all participants, registered a 100% SELLING activity
True Market Sentiment – WTD (November 9-10, 2020)
True Market Sentiment: BEARISH
3 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱35.8149
Top 10 Players’ Selling Average: ₱35.7826
5 out of 90 participants, or 5.56% of all participants, registered a 100% BUYING activity
34 out of 90 participants, or 37.78% of all participants, registered a 100% SELLING activity
True Market Sentiment – MTD (November 3-10, 2020)
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱34.6849
Top 10 Players’ Selling Average: ₱34.8837
3 out of 103 participants, or 2.91% of all participants, registered a 100% BUYING activity
34 out of 103 participants or 33.01% of all participants registered a 100% SELLING activity
Surprisingly, none of ALI’s True Market Sentiment across three timeframes showed a bullish sentiment. While the ascent of ALI’s price is more likely to continue based on the bullishness of its 10SMACD and Momentum Power Indicator, I would recommend that you pay close attention to your trailing stop. We should not disregard the possibility of a sell-off at any of the resistance levels.
Recommendations
Suppose you already have Ayala Land in your portfolio and your trailing stop is intact. If that’s the case, I give you two options depending on your risk tolerance.
Low- to Moderate-Risk Investors or Traders: Hold your position. There’s no need to reduce the percentage of risk on your trailing stop since its 10SMACD and Momentum Power Indicator are bullish. Remember to do an upward adjustment on your trailing stop when the price goes higher. Use my trailing stop calculator.
High- to Extremely-High Risk Investors or Traders: Buy in tranches within the primary and prevailing dominant range if ALI will start by the next trading day within that primary dominant range. If it starts at a price lower than the primary dominant range, refer to the secondary dominant range I mentioned above. If the price retreats further, it’s best to ask for our latest analysis in our Private Clients Forum’s Long-term Investing section. You may also refer to our latest update in our Investment Guide for Long-term Investors. We automatically analyze and update our recommendations for all 30 index stocks (ALI is one of them) in that investment guide.
Follow the same recommendations if you’re yet to enter a new position on Ayala Land. However, it would help if you calculated your reward-to-risk ratio before you do a test-buy within the prevailing dominant range. The calculation of your reward-to-risk ratio is a non-negotiable requirement. It is a must, so you will know if you’re vying for a bigger potential gain than the potential loss. You may use my reward-to-risk ratio calculator.
Lastly, I’d like to reiterate that the dominant range changes by the second. I check the prevailing dominant range before I buy or sell a stock. Request your stock’s latest dominant range in our Private Clients Forum if you’re already one of our clients.
Let Me Mentor You: Learn How to Invest INDEPENDENTLY and Trade TACTICALLY
You will learn how to analyze stocks on your own (like I do). You will learn how to confidently and systematically execute trading and investment plans.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
I like your style when you present and how you explain
Hello, Jaycee. First of all, thank you very much for your free email which is a big help for me. I have been in stocks for a long period of time, and I only play my guts after reading full articles about the company or searching for any good news about the company, and never have time to learn the game. I like your style when you present and how you explain. It’s very thorough and precise, even for a novice like me would easily understand.after reading I don’t go for my gut anymore ? I was hoping to avail of the discount for the whole year that you offered before and never have got a chance to submit my application. Is it still available? Anyway, thanks again.
Your hints are all straight to the point.
Thank you for all the inputs you are sharing especially with noobs like me. Your hints are all straight to the point. More power!
Thanks for those regular helpful insights.
Thanks for those regular helpful insights.
dito ka na kung hanap mo ay forum na walang troll
Sir pagamit nga nung slogan nating more wins less losses. Tama nga ba sir? Anyway, I’m here to write a testimonial for this service. For the first time, nakapagtry akong magtrade. 7 gains. 1 loss. Hindi na masama para sa isang beginner na tulad ko. Pero hindi mo magagawa yun kung wala ang Stock Signals. Baka 7 losses at 1 win ang mangyayari kung ako lang. Super excited ako sa pwede ko pang marating sa tulong ng Stock Signals. Isa pang maganda sa Stock Signals ay yung forum. Puro chart at data yung usapan. Kung naghahanap ka ng forum na walang troll at matitino ang usapan, sa Stock Signals ka na.
a breath of fresh air
In a frantic world of stock trading, I consider SS a breath of fresh air. I have been trading through COL financial for more than 3yrs and I can say that SS never fails to calm me in my hectic schedule being employed in a demanding job, being a mom of 3 and doing online stock trading too. Most of the times that I tend to be emotionally attached to my top picks SS makes me think of better things to do with them. Thanks, Jaycee and more power to you?
he interacts with his clients in the forum
As an IT professor myself, I know it would be easy for Jaycee to just throw his explanations in the actual stock market lingo. By observing how he interacts with his clients in the forum, you’ll see how he can be technical yet easy to understand all at the same time. I am not active in the forum but I read. He writes in Tagalog seldom but he will when he feels that he has to. I also noticed that he loves to elaborate his answers to make sure you understand how and why he arrived into such conclusion. The forum is only a free add-on to his Stock Signals on top of the access to his Top Stock Picks page, but for 400 bucks a month, the forum alone is more than enough. Kudos to this young man.
Its like I see you face to face with the way you explain things.
I appreciate your free newsletter. Great job sir. Its like I see you face to face with the way you explain things. Breaking it down to the smallest yet very helpful details!God bless!Ps. Hope your “gift” regarding the discounted 1-year unlimited subscription would be back.
my experience was great
I’ve been a member of Stock Signals for 3 months and my experience was great. Thanks, sir Jaycee for the knowledge you’ve shared. I learned a lot.
very informative for a newbie like me
very informative for a newbie like me. now I realize, there’s a lot more than charts that one should understand in buying a stock.
has helped me tremendously on my stock investment literacy
Been receiving tips and reading Jaycee’s articles which have helped me tremendously on my stock investment literacy. He truly simplifies investing in a manner that newbies can easily understand. I am very grateful for his work. His advocacy to teach Filipinos in the stock market is truly a blessing. I wish him success and more blessings to him and his loved ones.
- MA, BDO, ALI, URC, PX: Is Their Dominant Range Pointing to a Breakout? - March 14, 2025
- Tracking Market Sentiment: MTD Ratings for 30 Bluechip Stocks (March 2025) - March 13, 2025
- PSEi Stalls Below 6,260 as Market Awaits Political Shift - March 12, 2025
