Sunday, February 10, 2013

The Ninja Stock Monitor: SM (10 feb 2013)

selected technical indicators of PSE-listed stocks 

08 feb 2013 closing prices 

sm (sm investments corp)  

c: 993.50(-)
s: 993, 990, 970
r: 1001, 1010 
vol: (-)
macd: (+)
macd histogram: (+)
macd histogram direction: (-)
rsi: 69.84(-)
sts: 76.39(-) 

for an explanation of the indicators ... click: here 


1. sm closed @993.50 .. just 1.50 off from its highest close and 16.50 from its highest intraday @1010 ... red candle ...
2. the histogram just changed direction ... the rsi just gave a sell signal ... while the sts gave the sell signal a day before ...
3. the 3 indicators seem to suggest that sm has reached an interim high ... 
4. options:
a. wait for the stops to be hit before selling ...
b. sell 1/2 of the position even without the stops being hit ..

previous SM monitor: The Ninja Stock Monitor: SM (07 feb 2013)

for reference .. 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