#MerryMart Consumer Corp. stock analysis

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MerryMart (MM) Analysis: Likely to Return Above ₱4.50 or Test ₱3.25?

MerryMart broke below the previous support at ₱4.50 after struggling to stay afloat for two months. Read this analysis on MerryMart to know if MM is more likely to recover above ₱4.50 or test ₱3.25.

MerryMart Consumer Corp. (MM) Technical Analysis MerryMart Consumer Corp’s daily volume has noticeably diminished since the last week of March 2021 compared to the previous months. The foreign investors’ participation has followed that trend, too. Today, May 17, 2021, Merrymart closed at ₱4.03, down by 7.99 percent, with a total turnover of ₱97 million. Only less than one percent of that came…

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MerryMart Technical Analysis: Buy on Breakdown or Sell on Breakout?

MerryMart moves sideways between ₱5.80 and ₱6.40. With its bearish 10SMACD and bullish Momentum Power Indicator, is it prudent to buy on breakdown, sell on breakout, buy on breakout, or sell on breakdown?

MerryMart Consumer Corp. Technical Analysis MerryMart Consumer Corp. closed on Wednesday, December 23, 2020, at ₱6.04 per share, up by 1.85 percent. MerryMart registered a total turnover value worth nearly ₱144 million. Local traders and investors were the main drivers of the price action. Foreign investors only printed a relatively small ₱2.2 million Net Foreign Buying. Foreign investors are…

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MerryMart Consumer Corp. (MM) Analysis: Wait for a Pullback Below ₱2.75?

MerryMart Consumer Corp. (MM) re-tested the resistance at ₱2.75, but the True Market Sentiment of its top 10 brokers week-to-date is bearish. Read our technical analysis on MerryMart to know if its ascent above ₱2.75 is sustainable.

MerryMart Consumer Corp. (MM) dropped by 1.09 percent at ₱2.73 on Thursday, August 6, 2020. MerryMart recorded a total turnover value worth nearly ₱96.50 million with the local investors as the major price movers.

Despite closing in the red zone, foreign investors managed to register a Net Foreign Buying (NFB) worth ₱5.7 million, which is their biggest one-day NFB since June 25, 2020. However,…

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MerryMart Consumer Corp. Analysis: How to Trade $MM?

Injap Sia's MerryMart Consumer Corp. gave us a third ceiling play in a row since its debut in the Philippine Stock Exchange. Did you miss out? Undecided on what to do now? Is there a high probability to see a fourth ceiling play on June 18, 2020? Read this analysis of MerryMart Consumer Corp. to have a data-driven reason for your decision.

MerryMart Consumer Corp. closed on June 17, 2020 with a total turnover value of ₱321,719,620.00. It registered its third ceiling play in a row, and closed at ₱3.37 per share.

I still find the difference relatively sizable if I remove the value of total cross trades worth P63,002,520.00 from the total turnover value when I do volume-analysis.

The local investors were still the main drivers of this…

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MerryMart Consumer Corp (PSE:MM) Analysis: Likely to See a Third Ceiling Play?

MerryMart Consumer Corp. did two ceiling plays in a row since it debuted in the Philippine Stock Exchange on June 15, 2020. Is it more likely to hit its third ceiling play at ₱3.37 today? What are your options if you already have MerryMart Consumer Corp. or if you're yet to trade it? Read this analysis of MerryMart Consumer Corp to find out.

MerryMart Consumer Corp. did a ceiling play when it debuted in the Philippine Stock Exchange last June 15, 2020. It did a repeat of its ceiling play on June 16, 2020 with a total turnover value of ₱301,217,460.00.

Local investors were the main players. Foreign investors only registered a Net Foreign Buying worth ₱2,172,780.00.

With an unserved bid volume of 156,173,000 shares at ₱2.25, it’s more…

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