Wednesday, November 28, 2012

The Ninja Stock Monitor: PNB (28 nov 2012)


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


28 nov closing prices 

pnb (philippine national bank) 

c: 89.60(+)
s: 86.10, 85, 81.55
r:  90, 91, 95,100 
vol: (-)
macd: > 0
macd histogram: >0
macd histogram direction:(+)
rsi: 81.71 (+)
sts: 87.87 (+)
remarks: 
1. pnb breaks thru the 90 pesos psych res ... reaching even 91 before falling bak to 89.60, a new 52-week high
2. macd histogram continues to advance .. rsi and sts also still heading north .. already in oberbot levels
3. continue to hold ... adjust stops (sell half the position on adverse price action)


see also:
how do i pick which stocks to trade (07 sept 2012)
my trading tactics

what i dont

entering a stock



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 ..