Thursday, March 21, 2013

The Ninja Stock Monitor: SM (21 mar 2013)

selected technical indicators of PSE-listed stocks 

20 mar 2013 closing prices 

sm (sm investments corp)  

c: 1022(+)
s: 1001/1000, 984.50, 950, 940
r:  1029, 1050, 1100,
v: (+)
macd: (+)
macd histogram: (-)
macd histogram direction: (-)
rsi: 47.89(+)
sts: 20.61(-)

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

sm chart as of 20 mar 2013 (click on the chart to enlarge):




remarks: 
1. sm closed higher to 1022 ... looks like 1000 is a strong psych support after it held as sm was sold down to 1001 intraday .. 
2. the histogram is still below 0 and still falling ... the rsi has turned up .. but the sts is still pointing down ...
3. ill continue monitoring ... just to make sure that 1001 is already the interim bottom before considering buying bak ...
4. present trading range: 1000 - 1109

previous SM monitor: The Ninja Stock Monitor: SM (19 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