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
29 nov closing prices
ew (east-west banking corp) ...
c: 26.90 (-)
s: 26.50, 25.70
s: 26.50, 25.70
r: 27.80, 28, 28.15
vol: (+)
macd: > 0
macd histogram: >0
macd histogram direction:(-)
rsi: 67.22 (-)
sts: 80.49(-)
remarks:
1. ew's macd histogram has been declining for the past 3 days (starting when i last featured EW in this blog) ... rsi and sts are both pointing south .. rsi giving us the red arrow .. while sts just on the verge of the red arrow area ..
2. ew's present trading range is: 26.95 - 28.15 ... it closed just below 26.95: .. 26.90 ... a good stoploss point if there ever was one ...
3. i blogged about EW last 27 nov 2012 ... noting that its macd histogram was already declining and both rsi and sts were at overbot levels .. i guess those indicators should have been caution enough already for me to have sold EW that time ... its now at my stop .. which in principle means that i should have already sold my last ew's last friday ...
4. ill just consider buying bak ew when it breaches 28.15 and closes above it .. otherwise .. ill wait for ew to touch bottom should it continue sliding down past my 26.90 stop ...
5. just monitor for now ..
previous EW monitor: The Ninja Stock Monitor (27 nov 2012)
4. ill just consider buying bak ew when it breaches 28.15 and closes above it .. otherwise .. ill wait for ew to touch bottom should it continue sliding down past my 26.90 stop ...
5. just monitor for now ..
previous EW monitor: The Ninja Stock Monitor (27 nov 2012)
see also:
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 ..
hes
