Tuesday, March 12, 2013

The Ninja Stock Monitor: SM (12 mar 2013)


selected technical indicators of PSE-listed stocks 

11 mar 2013 closing prices 

sm (sm investments corp)  

c: 1097(-)
s: 1097, 1050, 1005, 1000
r:  1000, 1009/1110
vol: (+)
macd: (+)
macd histogram: (+)
macd histogram direction: (+)
rsi: 73.37(-)
sts: 94.36(+

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


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



remarks: 
1. sm retreated below 1100 to 1097 after reaching an intraday high of 1109 ..
2. the macd triple indicators are still (+,+,+) ... the rsi now pointing south .. altho the sts is still north bound ..
3.  sm reached its 52 week high last friday .. with traders already taking profits yesterday causing sm to have a red candle day ... ill hazard a guess that traders would continue taking profits today (the 52 week high friday rule)
4. im just monitoring .. waiting for reentry 
5. present trading range: 1000 - 1109

previous SM monitor: The Ninja Stock Monitor: SM (08 mar 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