Tuesday, March 12, 2013

The Ninja Stock Monitor: FOOD (12 mar 2013)


selected technical indicators of PSE-listed stocks 

11 mar 2013 closing prices 

food (alliance select food inc)  

c: 2.08(-)
s: 2.05, 2, 1.88, 1.85
r:  2.13, 2.20
vol: (-)
macd: (+)
macd histogram: (+)
macd histogram direction: (+)
rsi: 62(-)
sts: 73.33(-

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

food chart as of 11 mar 2013 (click on the chart to enlarge):




remarks: 
1. food slid lower to 2.08 ...
2. the macd histogram is still rising ... however both the rsi and the sts changed direction .. with the sts giving a red arrow (sell signal)
3. start monitoring ... 
4. present trading range 1.85 - 2.20

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