DITO CME Holdings Corp. Technical Analysis
Last May 10, 2021, I wrote that there was no confirmed buy signal for DITO CME Holdings Corp. That means this stock was likely to continue moving toward the southward direction. At that time, DITO was priced at ₱9.66. The next day, it dove to ₱9.50. Then, ₱9.16, ₱8.99, ₱8.10, ₱7.64, and ₱7.64 followed. I don’t see the future, but my Evergreen Strategy 2.0 helps me have a data-driven estimate of what’s more likely to happen instead of just making “guesstimates” based on pure instincts or baseless gut feels. If you think that the accuracy of my analysis on DITO was only a random coincidence, you may want to backtrack the accuracy over a thousand stock analyses I published on this website, not counting the other thousands I published on other websites.
May 10, 2021 Article: DITO Technical Analysis: Buy Now Or Wait Near ₱8.50?
But that was my data-driven sentiment over two weeks ago. Let’s check what today’s data is saying. So, I’d like to give you a fresh analysis of DITO. Does it have a buy signal? Let’s find out with my 6-way test according to my Evergreen Strategy 2.0.
Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: Yes
Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: Yes
Parameter 3: Is its last price higher than its volume-weighted average price?
Answer: Yes
Parameter 4: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: No
Parameter 5: Is its Dominant Range Index bullish?
Answer: Yes
Dominant Range Index: Bullish
Last Price: ₱9.26
Intraday Low: ₱8.5700
Intraday High:
₱9.3500
VWAP: ₱9.0647
Dominant Range: ₱9.20 – ₱9.30
Parameter 6: Is its Market Sentiment Index bullish?
Answer: No
Market Sentiment Index: BEARISH
25 of the 59 participating brokers, or 42.37% of all participants, registered a positive Net Amount
19 of the 59 participating brokers, or 32.20% of all participants, registered a higher Buying Average than Selling Average
59 Participating Brokers’ Buying Average: ₱6.57063
59 Participating Brokers’ Selling Average: ₱6.55062
11 out of 59 participants, or 18.64% of all participants, registered a 100% BUYING activity
18 out of 59 participants, or 30.51% of all participants, registered a 100% SELLING activity
Intraday High: ₱6.9000
VWAP: ₱6.5158
Dominant Range: ₱6.70 – ₱6.87
Synthesis
DITO failed to get a bullish rating for all those six parameters I checked above. Unfortunately, this means DITO has no confirmed buy signal as far as the price action on May 25, 2021 is concerned.
So, what are you going to do if you already have DITO in your portfolio? Hold your position if your trailing stop is intact, but keep your buying power for later. Are you worried? You should not be worried as long as not both Dominant Range Index and Market Sentiment Index are bearish. However, there’s one thing you need to do if both are bearish. You’ll find the flowchart of what you need to do in the course manual of the Evergreen Strategy 2.0 (accessible by our clients only).
If you don’t have DITO yet, don’t do a test-buy unless and until there’s a confirmed buy signal. Feel free to ask for this stock’s latest Dominant Range Index and Market Sentiment Index in our online discussion board on our website so you can analyze as I do on your own. I’ve already taught you how to analyze as I do through the Evergreen Strategy 2.0’s course manual (if you’re one of our clients).
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.
I like your program the most
Hi Jaycee,
It’s me again Anna. I am now in your Serial Investor Package for 6 months. In my 1 week of experiencing it. I really enjoyed it! I love it actually! It is different from TRC and PinoyInvestor which I tried before. I like your program the most. That is why instead of 6 months only I want to make most of your 50% promo. Can I extend my subscription from 6 months to 1 year by completing the money for 1 year subscription? I am hoping you can grant my request.
Have a blessed Sunday!
Thank you, Sir. I really appreciate your inputs.
Thank you, Sir. I really appreciate your inputs.
Keep it up!
Thanks for sharing your knowledge. Keep it up!
I've earned because of you
Jaycee, I’d like to tell you that I was able to earn a good amount by “connecting the dots” on the free technical analysis articles you regularly post on your website. I’m sure I would get more value by becoming a premium member. I’ve subscribed to your Stock Signals for 15 months. I am excited to learn and to earn with your assistance.
helpful information
Thanks a lot, sir. That’s truly a helpful information. I’m hoping to keep in touch with you soon.
kakaiba yung sa inyo sir
Tama nga yung nabasa ko sa isang Facebook group tungko sa iyo sir jaycee, na para ka lang nanonood ng Batibot with the way you explain technical stuff with us sa stock signals program mo po. pinagsabay ko yung TRC at pinoy investor subscription ko dati sir bago pa ako nagsubscribe sa iyo. yung sa TRC makikita rin naman sa COL. yung sa pinoy investor, kung magaling ka lang sa search2x sa google mababasa mo rin naman yung info na binibigay nila. may sarili ka bang software sa pagaanalyze sir? kakaiba yung sa inyo sir. nagpatindi pa yung layman na layman na explanation mo sir. kumpletos-rekados ika nga. madalas di ko na kailangang magtanong dahil nasasagot na agad sa explanation mo sir. tapusin ko lang yung binayad ko sa TRC at Pinoy investor tapos eextend ko pa ng 1 year subscription ko sa stock signals program sir surebol yun. Thank you sir Jaycee!
Your analysis is very useful in my decision making
Your analysis is very useful in my decision making. Thank you very much.
Kudos to you Sir Jaycee! God bless Sir!
Sir! I’m one of your 1st customers since 2014. What I like the most in the Stock Signals Program is that hindi mo kami binibigyan ng jargons. Dun sa kung kanino ako dati nakasubscribe hindi ko alam kung yung analyst lang ang nakakaintindi sa mga sinasabi nila o nagkakacopy and paste lang. Dun sa isa naman buy below price lang tapos parang ang dating e bahala na kaming bumili kung saan namin gusto. Para bang tapos na trabaho nila after nila ibato ang buy below price nila. Sabi mo nga Sir you could have chosen to just give us your buy below price din tulad ng iba but thankfully hindi mo ginawa yun. Kudos to you Sir Jaycee! God bless Sir!
very detailed explanation of your recommendation
Sir Jaycee,
I’m happy that I’ve discovered your Stock Signals Program. I was a TrulyRichClub subscriber until yesterday. My officemate, who happens to be your subscriber since 2014, told me about your Stock Signals Program. He also showed to me what he gets from your program. I must say I was wowed to see how you are so different and better than Truly Rich Club. Indeed, you are not only giving your subscribers a buy below price. You also give them the best buying range in that buy below price. Plus you give a very detailed explanation of your recommendation. How do you manage to do all that the entire trading period every day? Well, please welcome me to your team for I am now a subscriber of yours. Payment has been sent. Cheers!
Louie
Thank you for your assistance
Good day sir jaycee. Ive read it already and am amaze. So far yun lang ang inquiries ko.
Thank you for your assistance. Highly appreciate such gesture.
Will be thinking muna about it since I’m a full time house wife. Will be planning muna where to get the funds.
Thank you again
Cheyenne
- 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
