The Ninja Stock Monitor: SM (20 dec 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


20 dec closing prices 

sm (sm investments corp)  

c: 873.50(+)

s: 847, 830, 816, 800
r: 884, 890, 899 

vol: (-)

macd: > 0

macd histogram: <0

macd histogram direction: (+)
rsi: 58.19(+)

sts: 41.97(+); green arrow

remarks: 
1.  sm continued to march higher ... closing @873.50 ... just a small step away from its all time high of 899 ...
2. looks like the 816 low on monday was indeed the bottom ...
3. sts gave a buy signal
4. as mentioned in the last sm monitor ... an initial position was taken today ... 
5. continue monitoring .. add to the position as the price continues to advance


previous SM monitor: The Ninja Stock Monitor: SM (19 dec 2012)


see also:

how do i pick which stocks to trade

my trading tactics

what i dont

entering a trade

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 are enough for the purpose