as requested ...
selected technical indicators of PSE-listed stocks
legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
macd: moving average convergence divergence ... values: 12; 26; 9
rsi: relative strength index ... values: 14; 30; 70
sts: stochastics ... values: 15; 3; 5
rem: remarks
unch: unchanged
(+): higher
(-): lower
27 nov closing prices
ew (east-west banking corp) ...
c: 27.60 (-)
s: 27.50, 26.95, 26.50
s: 27.50, 26.95, 26.50
r: 27.65, 28, 28.15
vol: (-)
macd: > 0
macd histogram: >0
macd histogram direction:(-)
rsi: 78.7 (unchanged)
sts: 83.8(+)
remarks:
1. macd histogram is almost flat for the past days .. but declined today ... rsi and sts are at overbot levels ..
2. ew is trading in a range: 26.95 - 28.15 ... my stop: just below 26.95 ...
3. the range is too tight for me to trade and still come out with a decent profit that is acceptable to me .. and besides its macd for me is too high already .. i prefer to buy bottoms
4. if it breaks out .. i may be tempted to reconsider and possibly buy a small initial position .. but its not an automatic trade for me
see also:
my trading tactics
what i dont
p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts may be used ..
hes
