Friday, April 5, 2013

The Ninja Stock Monitor: MBT (05 apr 2013)

selected technical indicators of PSE-listed stocks 

05 apr 2013 closing prices 

mbt (metropolitan bank and trust comp.

c: 113.50(-)
s: 112.90, 112, 111, 110, 109.60
r: 115.30  
vol: (+)
macd: (+)
macd histogram: (-)
macd histogram direction: (-)
rsi: 45.819(-)
sts: 44.84(-

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

mbt chart as of 05 apr 2013 (click on the chart to enlarge):

1. mbt has been sliding down the whole week ... today closing lower @113.50 ..
2. the histogram has been below 0 for quite sometime already ... and last weeks attempt to get a green arrow was spoiled this week with the histogram again pointing south ... the rsi and sts also pointing down ...
3. id suppose most of those who entered mbt after the stock div disclosure are already out of the issue right now as successive stops have been breached the whole week ... my last barricade is @112 and thats where ill finally throw in the towel for mbt this round.

previous MBT monitor: The Ninja Stock Monitor: MBT (30 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's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose