BDO Unibank Technical Analysis
BDO already broke the previous support at ₱101, which is now acting as the immediate resistance. The prevailing support is at ₱85.00. The foreign investors continue to beat this banking company with a net foreign selling. They’ve been on a net selling for eight consecutive trading days.
Do I see a confirmed buy signal on BDO based on today’s data? Let’s see if we’ll get an all-yes answer in all six parameters I check through my Evergreen Strategy 2.0.
Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: No
Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: No
Parameter 3: Is its last price higher than its volume-weighted average price?
Answer: No
Parameter 4: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: Yes
Parameter 5: Is its Dominant Range Index bullish?
Answer: No
Dominant Range Index: Bearish
Last Price: ₱98.50
VWAP: ₱99.4634
Dominant Range: ₱98.50 – ₱98.50
Parameter 6: Is its Market Sentiment Index bullish?
Answer: Yes
Market Sentiment Index: BULLISH
71 of the 78 participating brokers, or 91.03% of all participants, registered a positive Net Amount
50 of the 78 participating brokers, or 64.10% of all participants, registered a higher Buying Average than Selling Average
78 Participating Brokers’ Buying Average: ₱100.15203
78 Participating Brokers’ Selling Average: ₱100.94005
38 out of 78 participants, or 48.72% of all participants, registered a 100% BUYING activity
0 out of 78 participants, or 0.00% of all participants, registered a 100% SELLING activity
Synthesis
Did we get 6 yeses? No. That means BDO has no confirmed buy signal yet according to my Evergreen Strategy 2.0, which means the stock is likely to move closer to its immediate support.
Do you already have BDO in your portfolio? Then, hold your position if your trailing stop is intact. There’s a reason not to panic because its Market Sentiment Index is still bullish. However, consider reducing the risk percentage on your trailing stop once both Dominant Range Index and Market Sentiment Index are bearish.
On the other hand, you may add BDO to your watchlist if you still have an available slot since it has a low erraticity level due to its 10-day historical volatility score of nearly 24 percent. However, please don’t buy it yet due to the likelihood of seeing this stock near the support level.
The bottom line is that sentiments change when data change. So, ask for BDO’s prevailing Dominant Range Index and Market Sentiment Index in our online discussion group on our website if you’re one of our clients. This way, you can complete your synthesis like how I do it.
Please make sure that you have already studied the course manual of my Evergreen Strategy 2.0 so you can level up from being a newbie to being an advanced stock investor and trader.
Learn How to Invest INDEPENDENTLY and Trade TACTICALLY in the Philippine Stock Market
Let me mentor you through our stock market consultancy service. Learn my Evergreen Strategy in Trading and Investing in the Philippine Stock Market 2.0.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
he's able to cover a lot of good angles
Very detailed and if it were in a photoshoot, he was able to cover a lot of good angles to look at giving us pretty good insights on the stock. Another thing, the indicators. DMI is one that’s new to me and looks very interesting.
He is data based person. Always rely on data for his analysis which I wanted to learn from him.
He is data based person. Always rely on data for his analysis which I wanted to learn from him.
he is good and show so much info on how to trade or look at a chart
he is good and show so much info on how to trade or look at a chart
it's give me a lot of ideas, tips, trading strategy and indicators function.
it’s give me a lot of ideas, tips, trading strategy and indicators function.
calm and collected. he knows what he's saying.
calm and collected. he knows what he’s saying.
I learned few ideas from him and i wanted to learn more
I learned few ideas from him and i wanted to learn more
Very informative and I like his style and dedication in sharing his knowledge to the people.
Very informative and I like his style and dedication in sharing his knowledge to the people.
Your insights and style are helpful to newbies like me.
Your insights and style are helpful to newbies like me.
Very clear and concise. Makes me consider things.
Very clear and concise. Makes me consider things.
Systematic
Systematic
- 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
