Tuesday, April 30, 2013

The Ninja Stock Monitor: PNB (30 apr 2013)

selected technical indicators of PSE-listed stocks 

30 apr 2013 closing prices 

pnb (philippine national bank)  

c: 115.00(+)
s: 112, 111, 110, 108.50, 105.80
r:  115, 120
vol: (+)
macd: >0
macd histogram: >0
macd histogram direction: up/higher
rsi: 77.43(+)
sts: 96.04(+

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

pnb chart as of 30 apr 2013 
(click on the chart to enlarge):


1. pnb surged ahead today .. gapping up at the open .. and closing at its high @115 with above-average volume  ..
2. the macd histogram continues to advance ... even as both the rsi and sts are already at oberbot levels ..
3. adjusting my trailing stops .. still holding on ...
4. if i remember it right ... months ago, wealth securities valued the merged pnb-allied bank @ around 120 pesos ..  
5. will monitor pnb closely as 120 nears .. unless wealth gives a higher valuation for pnb-allied ... im expecting some selling from their side soon ..
6. the 52-week high friday rule was a success ...

previous PNB posts: The Ninja Stock Monitor: PNB (27 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