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.
Continue to educate Filipinos.
Technicals, walang hype at tsismis. Continue to educate Filipinos.
very informative
Technical review is interesting and inputs are very informative.
Keeps me on the track
Very informative. Keeps me on the track where I should put my attention on. Well done.
It's nice and very helpful
It’s nice and very helpful to receive your messages and stock alerts due to the real-time data and analysis along with it. Please keep on sending. Take care and thanks a lot. May God bless you more, abundantly!
Learned a lot from you.
Learned a lot from you. Thank you for sharing your knowledge unselfishly with us. Hope you don’t stop sending your insights. More success to you and God bless.
It's very informative and helpful.
It’s very informative and helpful.
Keep it up. Keep on sending emails to us.
MORE POWER AND GOD BLESS.
I am learning a lot from your email.
I am learning a lot from your email. Thank you very much for the information and guidance. God bless you, Sir.
your insights are very useful
Hi Jaycee,
I’ve been on the market for 4 yrs. To be honest, I’m still finding my place here. Am I a trader or an investor? OR am I a hybrid? Your insights are very useful to confused people like me. So generous of you to share your knowledge for free. More power!
very helpful!
Hi Jaycee,
I have been reading your thoughts, very helpful! Thank you.
I love it.
I love it.
- 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
