15 mar 2013 closing prices
ac (ayala corp)
c: 561(+)
s: 555, 550, 520
r: 565, 574.50, 589, 595
vol: (average)
macd: (-)
macd histogram: (-)
macd histogram direction: (+)
rsi: 48.64(+)
sts: 14.81(+)
for an explanation of the indicators ... click: here
ac chart as of 15 mar 2013 (click on the chart to enlarge):
ac chart as of 15 mar 2013 (click on the chart to enlarge):
remarks:
1. ac closed higher (561)
2. the macd histogram changed direction (now pointing north) ... the macd triple indicators exhibiting the sought after (-,-,+) combination...
what are the macd triple indicators?
3. both the rsi and sts also pointing north
4. it seems ac has already reached its interim bottom @550 ...
5. assuming ceteris paribus conditions .. ac should continue inching up ...
what does ceteris paribus mean?
6. continue monitoring for a possible initial entry in the coming days ...
previous AC monitor: The Ninja Stock Monitor: AC (27 jan 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 citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose