Thursday, January 24, 2013

The Ninja Stock Monitor: PNB (24 jan 2013)

selected technical indicators of PSE-listed stocks 


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

24 jan 2013 closing prices 

pnb (philippine national bank

c: 97(+)
s: 95.15, 95, 94, 92.80, 91, 90, 88.05, 87.40 
r: 98.70, 99, 100
vol: (-)
macd: (+)
macd histogram: (+)
macd histogram direction: (+)
rsi: 70.41(+)
sts: 87.97(-
1. pnb breached the 96.20 resistance and went to as high as 98.70 before succumbing to profit taking by daytraders and earlier entrants ...  pnb is at multi-year highs already ! (12 years?)!
2. the macd histogram continues to point north .. the rsi and sts already at oberbot levels with the sts already showing signs of softness  .. 
3. as mentioned yesterday .. i added a few pnb's ... sold some ltg's today ... seems people are shifting .. selling their ltg's to buy pnb's .. will see if ill need to sell the rest of my ltg's tomoro and buy more pnb's ...
4. im adjusting my stops and pushing my luck further ...

i hope the yu-ap students are still holding on to their pnb's ;) .. just adjust ur stops ... or .. u can sell half (and hold on to the remaining half) and shift to some other stock with the proceeds of ur sale ;).  

previous PNB monitor: The Ninja Stock Monitor: PNB (23 jan 2013)

you may also want to read: my trading rules

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's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose