I wasn’t expecting Universal Robina Corporation (URC) to recover and not continue its southward direction below the support at 131.00, especially with such a relatively low volume yesterday, 26 April 2018. Nonetheless, URC is still inside the oversold territory based on Stochastic Daily and Weekly. This is not the first time that URC respected the support at 131.00 in the first week of December 2017.
Fundamental Analysis (my stingy version)
Let me talk about its fundamentals a little bit. URC’s Price-to-Earnings (ttm) of 27.86, versus the industrial (food and beverage) sector’s PE (ttm) of 27.57, makes it fairly valued.
Its Price-to-Sales (ttm) of 2.43, versus its industry’s 3.00, also makes URC fairly valued.
Its Price-to-Book (most recent quarter) of 3.73, versus its industry’s 4.16, makes URC a little bit undervalued.
The industrial sector only has a dividend yield of 0.77 percent. URC outperforms that with its dividend yield of 1.20 percent.
Did you know that 3,930,000 cross-traded shares in this tall and green volume bar were from CLSA Philippines? That’s more than half of URC’s volume today. So if we’re going to do a volume-analysis, we have to exclude those significant cross-trades.
If you’re one of our clients, just ask me in the Private Clients Forum about my sentiment on URC if we were to remove the cross-trades in my volume-analysis.
Watch out for 138.40, 138.00, and 137.60 by the next trading day. They could appear as the intraday favorites again.
I strongly suggest that you post in our Private Clients Forum and ask me to post my latest analysis of your stock’s Price-Volume Distribution and Top 10 Players.
Foreign Fund Flow
On a 30-day trading period, URC is on a Net Foreign Selling worth PHP440,905,526.00.
Would you like to know one of the criteria that I look for when I search for stocks that are good to have for the long haul?
I check if foreign investors are significant buyers of that stock.
Where will you find the Foreign Fund Flow of stocks in a graphical form? In our Stock Ranking System.
URC has a low-risk level.
Where will you find the risk level of each stock listed on the Philippine Stock Exchange?
This tool is solely available in our Stock Ranking System.
Beginner? Stick with low- to moderate-risk stocks.
Leave the high risk- to extremely high-risk stocks to experienced traders. Don’t rush. You’ll get to that level if you’ll study hard.
Why Did I Invent the Top 10 Players Chart and Sentiment Generator?
I needed to know the psychological average price of the top 10 brokers who have traded a specific stock within a specific time period.
I needed to know the buying average of the top 10 brokers who have traded a specific stock within a specific time period.
I needed to know the selling average of the top 10 brokers who have traded a specific stock within a specific time period.
I wanted to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% buying activity.
I wanted to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% selling activity.
I am a creator. I am not fond of being content with the tools that have been made available even before I was born. At least, if it’s my own invention, I know to the tee what it can and cannot do.
I’ve created the Top 10 Players chart and sentiment generator as I solution to all the things that I need to know, like what I’ve mentioned above.
Brokers have the data. But I need information (processed data). I can’t wait until a broker creates what I need. So I created what I needed.
Today, I’d like to share with you one of the many proprietary pieces of information that our clients at Equilyst Analytics find useful.
The buying and selling averages of the top 10 brokers are a sneak preview of the range of their collective average price.
If I know the psychological average price of the top 10 brokers who have traded a stock, I can calculate in my mind how much more could a trader, with an x percentage of risk tolerance, afford to hold should the stock’s price go south.
Note that we include the 2-month, month-to-date, week-to-date, and end-of-day Top 10 Players charts and sentiments in our Daily Stock Analysis service.
Top 10 Players’ Sentiment – April 2 to 27, 2018
Participants with a 100% Buying and Selling Activity from Apr-02-2018 to Apr-27-2018 at 03:30PM:
- 30 out of 82 participants or 36.59% of all participants registered a 100% BUYING activity
- 3 out of 82 participants or 3.66% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 141.5872
- Top 10 Players’ Selling Average: 141.6927
The top 10 players’ psychological average price from Apr-02-2018 to Apr-27-2018 is between 141.5872 and 141.6927.
Top 10 Players’ Sentiment – April 23 to 27, 2018
Participants with a 100% Buying and Selling Activity from Apr-23-2018 to Apr-27-2018 at 03:30PM:
- 22 out of 59 participants or 37.29% of all participants registered a 100% BUYING activity
- 2 out of 59 participants or 3.39% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 136.9465
- Top 10 Players’ Selling Average: 137.1359
The top 10 players’ psychological average price from Apr-23-2018 to Apr-27-2018 is between 136.9465 and 137.1359.
Top 10 Players’ Sentiment – April 27, 2018
Participants with a 100% Buying and Selling Activity as of Apr-27-2018 at 03:30PM:
- 13 out of 32 participants or 40.63% of all participants registered a 100% BUYING activity
- 3 out of 32 participants or 9.38% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 138.2447
- Top 10 Players’ Selling Average: 138.1405
The top 10 players’ psychological average price as of Apr-27-2018 is between 138.2447 and 138.1405.
My Overall Sentiment
I’m bullish based on fundamental analysis.
I’m bearish based on technical analysis.
If you’re going to trade URC or any stock, do not forget to use a trailing stop-loss instead of the plain stop-loss.
With a trailing stop-loss (TSL), your capital is preserved, gains are protected, and unwanted losses are prevented.
Here, I’ve written an article about this trailing stop-loss on my personal website.
Check it out: How to Set Up a Trailing Stop-Loss and Why You Must
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