Tuesday, December 6, 2011

The Ninja Stock Monitor

selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower

5 December 2011 closing prices
agi (alliance global)
c: 10.88 (higher)
s: 10.70 (intraday low), 10.50 (psych support)
r:  11 (psych res ), 11.04 (intraday high) 
vol: even  
dmi: +/13.6(+)
macd: > 0
macd histogram: > 0
macd histogram direction: + (increasing)
rsi: 63.57 (higher)
sts: 86.55 (higher)
rem: breached last friday's intraday res of 10.82 and pierced thru 11 pesos before closing @10.88, a little over the 200DMA. just hovering above the 200DMA should be good for the immediate term. sts is already at overbought levels tho rsi is still not worrisome. taking profits from half of the position since entry wont hurt while letting the rest of the position run. just adjust stops.