MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are stronger and more money is flowing into the market. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how ECVC.PS displayed a rally after the BUY signal which was issued on 03/09/2024. Since then, the gain in this stock stretched to a whopping 8%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Bought on
10/09/2024
 
AT.PS
 
Last Signal
BUY
2102
Buy Level
4.0950
Bought at
4.1100
Close
4.1100
 
 
Sold on
10/09/2024
 
ECVC.PS
 
Last Signal
SELL
2203
Sell Level
0.5500
Sold at
0.5400
Close
0.5400
 
 
Bought on
09/09/2024
 
AEV.PS
 
Last Signal
STAY LONG
0
 
Bought at
33.70
Close
35.00
Gain%
3.86
Sold on
09/09/2024
 
SCC.PS
 
Last Signal
STAY IN CASH
0
 
Sold at
33.50
Close
33.75
Loss%
0.75
Sold on
09/09/2024
 
Last Signal
STAY IN CASH
2104
Buy Level
1.2650
Sold at
1.2850
Close
1.2400
Gain%
-3.50
Sold on
06/09/2024
 
WEB.PS
 
Philweb
 
Last Signal
BUY
2111
Buy Level
1.9300
Sold at
1.8400
Close
1.9700
Loss%
7.07
Bought on
05/09/2024
 
ABS.PS
 
ABS-CBN
 
Last Signal
STAY LONG
0
 
Bought at
4.9500
Close
5.0000
Gain%
1.01
Sold on
05/09/2024
 
ELI.PS
 
Last Signal
STAY IN CASH
2102
Buy Level
0.1430
Sold at
0.1520
Close
0.1420
Gain%
-6.58
Sold on
05/09/2024
 
ION.PS
 
Ionics
 
Last Signal
STAY IN CASH
2108
Buy Level
0.8500
Sold at
0.8700
Close
0.8400
Gain%
-3.45
Sold on
04/09/2024
 
EEI.PS
 
Last Signal
STAY IN CASH
2101
Buy Level
4.5800
Sold at
4.7300
Close
4.5800
Gain%
-3.17
Sold on
04/09/2024
 
RRHI.PS
 
Last Signal
BUY
2102
Buy Level
38.15
Sold at
38.12
Close
38.80
Loss%
1.78
Sold on
03/09/2024
 
AUB.PS
 
Last Signal
BUY
2101
Buy Level
45.70
Sold at
46.50
Close
47.00
Loss%
1.08
Sold on
03/09/2024
 
BHI.PS
 
Last Signal
STAY SHORT
2110
Buy Level
0.0860
Sold at
0.0870
Close
0.0860
Gain%
-1.15
Bought on
03/09/2024
 
SM.PS
 
Last Signal
STAY LONG
2211
Sell Level
908.00
Bought at
902.37
Close
908.00
Gain%
0.62
Sold on
02/09/2024
 
CHP.PS
 
Last Signal
STAY IN CASH
2109
Buy Level
1.7800
Sold at
1.7200
Close
1.7400
Loss%
1.16
Sold on
02/09/2024
 
SSI.PS
 
Last Signal
BUY
2101
Buy Level
3.2500
Sold at
3.2850
Close
3.2900
Loss%
0.15
Bought on
30/08/2024
 
JGS.PS
 
Last Signal
STAY LONG
0
 
Bought at
23.29
Close
25.10
Gain%
7.77
Bought on
27/08/2024
 
RCB.PS
 
Last Signal
STAY LONG
2201
Sell Level
21.90
Bought at
21.64
Close
21.90
Gain%
1.20
Sold on
27/08/2024
 
RCR.PS
 
Last Signal
STAY SHORT
2101
Buy Level
5.7400
Sold at
5.8000
Close
5.7400
Gain%
-1.03
Bought on
21/08/2024
 
PPC.PS
 
Last Signal
STAY LONG
2201
Sell Level
7.1800
Bought at
7.2400
Close
7.4800
Gain%
3.31
Sold on
15/08/2024
 
TEL.PS
 
Last Signal
STAY IN CASH
2102
Buy Level
1468.00
Sold at
1566.00
Close
1450.00
Gain%
-7.41
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