Saturday, April 13, 2013

The Ninja Stock Monitor: MBT (13 apr 2013)

selected technical indicators of PSE-listed stocks 

12 apr 2013 closing prices


mbt (metropolitan bank and trust comp.)

c: 119(+) 
s: 116.90, 115, 112.90 
r: 119.50, 120, 120.90/121, 122
vol: (-)
macd: >0
macd histogram: >0 
macd histogram direction: (+) 
rsi: 60.51(+) 
sts: 69.88(+

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




mbt chart as of 12 apr 2013 
(click on the chart to enlarge)


remarks: 
1. mbt closed higher (119), reaching 119.50 intraday ...
2. the macd gave a green arrow (buy signal), the rsi and sts both advancing but still within the trading zone (rsi trading zone between 30 and 70; sts trading zone between 20 and 80)
3. next resistances: 120/120.10, 122
4. annual stockholders' meeting on 15 april 2013, in the agenda is the approval of the 30% stock dividend ..
see: http://www.pse.com.ph/resource/corpt/2013/MBT_D20IS_03202013.pdf
5. im just holding mbt ... as my usual, no price target ... will reevaluate mbt trading plan daily ..


previous MBT monitor: The Ninja Stock Monitor: MBT (05 apr 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