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National Reinsurance Corporation of the Philippines
Buy, Hold or Sell?

Let's analyze National Reinsurance Corporation of the Philippines together

I guess you are interested in National Reinsurance Corporation of the Philippines. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of National Reinsurance Corporation of the Philippines. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of National Reinsurance Corporation of the Philippines (30 sec.)










1.2. What can you expect buying and holding a share of National Reinsurance Corporation of the Philippines? (30 sec.)

How much money do you get?

How much money do you get?
₱0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
₱2.64
Expected worth in 1 year
₱2.52
How sure are you?
57.1%

+ What do you gain per year?

Total Gains per Share
₱-0.12
Return On Investment
-18.8%

For what price can you sell your share?

Current Price per Share
₱0.64
Expected price per share
₱0.52 - ₱0.72
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of National Reinsurance Corporation of the Philippines (5 min.)




Live pricePrice per Share (EOD)
₱0.64
Intrinsic Value Per Share
₱-0.49 - ₱0.83
Total Value Per Share
₱2.15 - ₱3.47

2.2. Growth of National Reinsurance Corporation of the Philippines (5 min.)




Is National Reinsurance Corporation of the Philippines growing?

Current yearPrevious yearGrowGrow %
How rich?$95.7m$96.8m-$1m-1.1%

How much money is National Reinsurance Corporation of the Philippines making?

Current yearPrevious yearGrowGrow %
Making money$952.4k$2.4m-$1.4m-154.4%
Net Profit Margin1.8%4.8%--

How much money comes from the company's main activities?

2.3. Financial Health of National Reinsurance Corporation of the Philippines (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of National Reinsurance Corporation of the Philippines?

Welcome investor! National Reinsurance Corporation of the Philippines's management wants to use your money to grow the business. In return you get a share of National Reinsurance Corporation of the Philippines.

First you should know what it really means to hold a share of National Reinsurance Corporation of the Philippines. And how you can make/lose money.

Speculation

The Price per Share of National Reinsurance Corporation of the Philippines is ₱0.64. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of National Reinsurance Corporation of the Philippines.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in National Reinsurance Corporation of the Philippines, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ₱2.64. Based on the TTM, the Book Value Change Per Share is ₱-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is ₱-0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₱0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of National Reinsurance Corporation of the Philippines.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.000.1%0.000.1%0.000.2%0.000.2%0.000.1%
Usd Book Value Change Per Share0.00-0.1%0.00-0.1%0.00-0.1%0.000.1%0.011.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.1%0.00-0.1%0.00-0.1%0.000.1%0.011.0%
Usd Price Per Share0.01-0.01-0.01-0.01-0.01-
Price to Earnings Ratio22.11-22.11-8.99-13.43-18.97-
Price-to-Total Gains Ratio-19.31--19.31--15.52--6.40--3.86-
Price to Book Ratio0.22-0.22-0.22-0.28-0.27-
Price-to-Total Gains Ratio-19.31--19.31--15.52--6.40--3.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.010944
Number of shares91374
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (91374 shares)-46.9445.92
Gains per Year (91374 shares)-187.76183.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-188-1980184174
20-376-3860367358
30-563-5740551542
40-751-7620735726
50-939-9500918910
60-1127-1138011021094
70-1314-1326012861278
80-1502-1514014691462
90-1690-1702016531646
100-1878-1890018371830

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.03.00.057.1%4.03.00.057.1%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.07.00.0%0.00.07.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.03.00.057.1%4.03.00.057.1%
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3.2. Key Performance Indicators

The key performance indicators of National Reinsurance Corporation of the Philippines compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.030-0.0300%-0.039+29%0.029-202%0.377-108%
Book Value Per Share--2.6372.6370%2.667-1%2.561+3%2.198+20%
Current Ratio----0%-0%-0%-0%
Debt To Asset Ratio--0.6950.6950%0.661+5%0.658+6%0.651+7%
Debt To Equity Ratio--2.2742.2740%1.952+17%1.932+18%1.872+21%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0260.0260%0.067-61%0.059-55%0.043-39%
Free Cash Flow Per Share---0.038-0.0380%-0.012-67%-0.014-63%0.000-184232%
Free Cash Flow To Equity Per Share---0.038-0.0380%-0.012-67%-0.014-63%0.000-184232%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.832--------
Intrinsic Value_10Y_min---0.486--------
Intrinsic Value_1Y_max--0.033--------
Intrinsic Value_1Y_min---0.023--------
Intrinsic Value_3Y_max--0.138--------
Intrinsic Value_3Y_min---0.092--------
Intrinsic Value_5Y_max--0.289--------
Intrinsic Value_5Y_min---0.185--------
Market Cap--1231691248.0001231691248.0000%1274163360.000-3%1524748820.800-19%1412197724.000-13%
Net Profit Margin--0.0180.0180%0.048-61%0.040-54%0.033-43%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio0.243+9%0.2200.2200%0.225-2%0.284-23%0.268-18%
Pe Ratio24.400+9%22.11322.1130%8.992+146%13.433+65%18.971+17%
Price Per Share0.640+9%0.5800.5800%0.600-3%0.718-19%0.665-13%
Price To Free Cash Flow Ratio-16.996-10%-15.403-15.4030%-48.388+214%-17.506+14%-265.700+1625%
Price To Total Gains Ratio-21.304-10%-19.307-19.3070%-15.517-20%-6.405-67%-3.855-80%
Quick Ratio----0%-0%-0%-0%
Return On Assets--0.0030.0030%0.008-64%0.008-62%0.008-60%
Return On Equity--0.0100.0100%0.025-60%0.023-57%0.022-54%
Total Gains Per Share---0.030-0.0300%-0.039+29%0.029-202%0.377-108%
Usd Book Value--95767079.40095767079.4000%96857991.000-1%93013873.380+3%90303155.751+6%
Usd Book Value Change Per Share---0.001-0.0010%-0.001+29%0.001-202%0.006-108%
Usd Book Value Per Share--0.0450.0450%0.046-1%0.044+3%0.038+20%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.0000%0.001-61%0.001-55%0.001-39%
Usd Free Cash Flow---1367418.600-1367418.6000%-450277.200-67%-509135.400-63%-731631.430-46%
Usd Free Cash Flow Per Share---0.001-0.0010%0.000-67%0.000-63%0.000-184232%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.000-67%0.000-63%0.000-184232%
Usd Market Cap--21061920.34121061920.3410%21788193.456-3%26073204.836-19%24148581.080-13%
Usd Price Per Share0.011+9%0.0100.0100%0.010-3%0.012-19%0.011-13%
Usd Profit--952487.100952487.1000%2423052.900-61%2131518.420-55%1950715.503-51%
Usd Revenue--51551729.10051551729.1000%50708545.200+2%53485106.400-4%40948286.288+26%
Usd Total Gains Per Share---0.001-0.0010%-0.001+29%0.001-202%0.006-108%
 EOD+2 -4MRQTTM+0 -0YOY+7 -225Y+5 -2410Y+6 -23

3.3 Fundamental Score

Let's check the fundamental score of National Reinsurance Corporation of the Philippines based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.400
Price to Book Ratio (EOD)Between0-10.243
Net Profit Margin (MRQ)Greater than00.018
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.695
Debt to Equity Ratio (MRQ)Less than12.274
Return on Equity (MRQ)Greater than0.150.010
Return on Assets (MRQ)Greater than0.050.003
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of National Reinsurance Corporation of the Philippines based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.835
Ma 20Greater thanMa 500.689
Ma 50Greater thanMa 1000.764
Ma 100Greater thanMa 2000.654
OpenGreater thanClose0.580
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About National Reinsurance Corporation of the Philippines

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit National Reinsurance Corporation of the Philippines earns for each ₱1 of revenue.

  • Above 10% is considered healthy but always compare National Reinsurance Corporation of the Philippines to the Insurance industry mean.
  • A Net Profit Margin of 1.8% means that ₱0.02 for each ₱1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 1.8%. The company is making a profit. +1
  • The TTM is 1.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.8%0.0%
TTM1.8%YOY4.8%-2.9%
TTM1.8%5Y4.0%-2.2%
5Y4.0%10Y3.3%+0.8%
4.3.1.2. Return on Assets

Shows how efficient National Reinsurance Corporation of the Philippines is using its assets to generate profit.

  • Above 5% is considered healthy but always compare National Reinsurance Corporation of the Philippines to the Insurance industry mean.
  • 0.3% Return on Assets means that National Reinsurance Corporation of the Philippines generated ₱0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.3%0.0%
TTM0.3%YOY0.8%-0.5%
TTM0.3%5Y0.8%-0.5%
5Y0.8%10Y0.8%+0.0%
4.3.1.3. Return on Equity

Shows how efficient National Reinsurance Corporation of the Philippines is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare National Reinsurance Corporation of the Philippines to the Insurance industry mean.
  • 1.0% Return on Equity means National Reinsurance Corporation of the Philippines generated ₱0.01 for each ₱1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 1.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.0%0.0%
TTM1.0%YOY2.5%-1.5%
TTM1.0%5Y2.3%-1.3%
5Y2.3%10Y2.2%+0.1%
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4.3.2. Operating Efficiency of National Reinsurance Corporation of the Philippines.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient National Reinsurance Corporation of the Philippines is operating .

  • Measures how much profit National Reinsurance Corporation of the Philippines makes for each ₱1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare National Reinsurance Corporation of the Philippines to the Insurance industry mean.
  • An Operating Margin of 0.0% means the company generated ₱0.00  for each ₱1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
4.3.2.2. Operating Ratio

Measures how efficient National Reinsurance Corporation of the Philippines is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ₱0.00 for each ₱1 in net sales.

Let's take a look of the Operating Ratio trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
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4.4.3. Liquidity of National Reinsurance Corporation of the Philippines.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if National Reinsurance Corporation of the Philippines is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance industry mean).
  • A Current Ratio of 0.00 means the company has ₱0.00 in assets for each ₱1 in short-term debts.

Let's take a look of the Current Ratio trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
4.4.3.2. Quick Ratio

Measures if National Reinsurance Corporation of the Philippines is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare National Reinsurance Corporation of the Philippines to the Insurance industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ₱0.00 for each ₱1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
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4.5.4. Solvency of National Reinsurance Corporation of the Philippines.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of National Reinsurance Corporation of the Philippines assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare National Reinsurance Corporation of the Philippines to Insurance industry mean.
  • A Debt to Asset Ratio of 0.69 means that National Reinsurance Corporation of the Philippines assets are financed with 69.5% credit (debt) and the remaining percentage (100% - 69.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 0.695. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.695. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.695TTM0.6950.000
TTM0.695YOY0.661+0.033
TTM0.6955Y0.658+0.037
5Y0.65810Y0.651+0.007
4.5.4.2. Debt to Equity Ratio

Measures if National Reinsurance Corporation of the Philippines is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare National Reinsurance Corporation of the Philippines to the Insurance industry mean.
  • A Debt to Equity ratio of 227.4% means that company has ₱2.27 debt for each ₱1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of National Reinsurance Corporation of the Philippines:

  • The MRQ is 2.274. The company is just not able to pay all its debts with equity.
  • The TTM is 2.274. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.274TTM2.2740.000
TTM2.274YOY1.952+0.323
TTM2.2745Y1.932+0.343
5Y1.93210Y1.872+0.060
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₱1 in earnings National Reinsurance Corporation of the Philippines generates.

  • Above 15 is considered overpriced but always compare National Reinsurance Corporation of the Philippines to the Insurance industry mean.
  • A PE ratio of 22.11 means the investor is paying ₱22.11 for every ₱1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of National Reinsurance Corporation of the Philippines:

  • The EOD is 24.400. Based on the earnings, the company is fair priced.
  • The MRQ is 22.113. Based on the earnings, the company is fair priced.
  • The TTM is 22.113. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD24.400MRQ22.113+2.288
MRQ22.113TTM22.1130.000
TTM22.113YOY8.992+13.121
TTM22.1135Y13.433+8.679
5Y13.43310Y18.971-5.538
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of National Reinsurance Corporation of the Philippines:

  • The EOD is -16.996. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -15.403. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -15.403. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-16.996MRQ-15.403-1.593
MRQ-15.403TTM-15.4030.000
TTM-15.403YOY-48.388+32.986
TTM-15.4035Y-17.506+2.103
5Y-17.50610Y-265.700+248.194
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of National Reinsurance Corporation of the Philippines is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance industry mean).
  • A PB ratio of 0.22 means the investor is paying ₱0.22 for each ₱1 in book value.

Let's take a look of the Price to Book Ratio trends of National Reinsurance Corporation of the Philippines:

  • The EOD is 0.243. Based on the equity, the company is cheap. +2
  • The MRQ is 0.220. Based on the equity, the company is cheap. +2
  • The TTM is 0.220. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.243MRQ0.220+0.023
MRQ0.220TTM0.2200.000
TTM0.220YOY0.225-0.005
TTM0.2205Y0.284-0.064
5Y0.28410Y0.268+0.016
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in PHP. All numbers in thousands.

Summary
Total Assets18,338,016
Total Liabilities12,737,602
Total Stockholder Equity5,600,414
 As reported
Total Liabilities 12,737,602
Total Stockholder Equity+ 5,600,414
Total Assets = 18,338,016

Assets

Total Assets18,338,016
Total Current Assets0
Long-term Assets0
Total Current Assets
Total Current Assets  (as reported)0
Total Current Assets  (calculated)0
+/-0
Long-term Assets
Property Plant Equipment 45,163
Long-term Assets  (as reported)0
Long-term Assets  (calculated)45,163
+/- 45,163

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity5,600,414
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock2,181,955
Retained Earnings 721,581
Capital Surplus 3,019,218
Other Stockholders Equity -74,247
Total Stockholder Equity (as reported)5,600,414
Total Stockholder Equity (calculated)5,848,507
+/- 248,093
Other
Cash And Equivalents724,726
Common Stock Shares Outstanding 2,123,606
Liabilities and Stockholders Equity 18,338,016



6.2. Balance Sheets Structured

Currency in PHP. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
13,438,795
14,074,047
14,175,281
13,871,311
14,982,451
15,879,111
16,718,747
18,338,016
18,338,01616,718,74715,879,11114,982,45113,871,31114,175,28114,074,04713,438,795
   > Total Current Assets 00000000
       Cash And Cash Equivalents 
1,047,473
920,427
1,310,539
1,161,899
1,004,977
950,914
0
0
00950,9141,004,9771,161,8991,310,539920,4271,047,473
   > Long-term Assets 00000000
       Property Plant Equipment 
71,867
65,977
80,011
76,563
70,394
59,973
52,041
45,163
45,16352,04159,97370,39476,56380,01165,97771,867
> Total Liabilities 
8,531,557
9,219,605
8,886,910
9,044,788
9,622,881
10,132,789
11,054,537
12,737,602
12,737,60211,054,53710,132,7899,622,8819,044,7888,886,9109,219,6058,531,557
   > Total Current Liabilities 00000000
   > Long-term Liabilities 00000000
> Total Stockholder Equity
4,907,238
4,854,442
5,288,371
4,826,523
5,359,570
5,746,322
5,664,210
5,600,414
5,600,4145,664,2105,746,3225,359,5704,826,5235,288,3714,854,4424,907,238
   Common Stock
2,181,955
2,181,955
2,181,955
2,181,955
2,181,955
2,181,955
2,181,955
2,181,955
2,181,9552,181,9552,181,9552,181,9552,181,9552,181,9552,181,9552,181,955
   Retained Earnings 
-64,402
15,334
98,330
247,546
404,264
524,181
665,880
721,581
721,581665,880524,181404,264247,54698,33015,334-64,402
   Capital Surplus 
3,019,218
3,019,218
3,019,218
3,019,218
3,019,218
3,019,218
3,019,218
3,019,218
3,019,2183,019,2183,019,2183,019,2183,019,2183,019,2183,019,2183,019,218
   Treasury Stock00-100,525-100,525-100,525-100,525-100,525-100,525
   Other Stockholders Equity -74,247-73,366-73,877-69,415-67,601-71,534-75,147-63,368



6.3. Balance Sheets

Currency in PHP. All numbers in thousands.




6.4. Cash Flows

Currency in PHP. All numbers in thousands.




6.5. Income Statements

Currency in PHP. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2022-12-31. Currency in PHP. All numbers in thousands.

Gross Profit (+$)
totalRevenue3,014,721
Cost of Revenue-0
Gross Profit03,014,721
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income121,2420
 
Operating Expense (+$)
Research Development0
Selling General Administrative313,888
Selling And Marketing Expenses0
Operating Expense0313,888
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income121,242
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)121,242121,242
EBIT - interestExpense = 0
55,701
55,701
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0121,242
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax121,242
Tax Provision-65,541
Net Income From Continuing Ops055,701
Net Income55,701
Net Income Applicable To Common Shares55,701
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of National Reinsurance Corporation of the Philippines
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of National Reinsurance Corporation of the Philippines. The general trend of National Reinsurance Corporation of the Philippines is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine National Reinsurance Corporation of the Philippines's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of National Reinsurance Corporation of the Philippines.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.69 < 0.71 < 0.72.

The bearish price targets are: 0.54 > 0.54 > 0.52.

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National Reinsurance Corporation of the Philippines Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of National Reinsurance Corporation of the Philippines. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

National Reinsurance Corporation of the Philippines Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of National Reinsurance Corporation of the Philippines. The current macd is -0.05668675.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the National Reinsurance Corporation of the Philippines price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for National Reinsurance Corporation of the Philippines. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the National Reinsurance Corporation of the Philippines price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
National Reinsurance Corporation of the Philippines Daily Moving Average Convergence/Divergence (MACD) ChartNational Reinsurance Corporation of the Philippines Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of National Reinsurance Corporation of the Philippines. The current adx is 31.44.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell National Reinsurance Corporation of the Philippines shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
National Reinsurance Corporation of the Philippines Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of National Reinsurance Corporation of the Philippines. The current sar is 0.66388679.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
National Reinsurance Corporation of the Philippines Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of National Reinsurance Corporation of the Philippines. The current rsi is 43.83. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
National Reinsurance Corporation of the Philippines Daily Relative Strength Index (RSI) ChartNational Reinsurance Corporation of the Philippines Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of National Reinsurance Corporation of the Philippines. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the National Reinsurance Corporation of the Philippines price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
National Reinsurance Corporation of the Philippines Daily Stochastic Oscillator ChartNational Reinsurance Corporation of the Philippines Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of National Reinsurance Corporation of the Philippines. The current cci is -47.79874214.

National Reinsurance Corporation of the Philippines Daily Commodity Channel Index (CCI) ChartNational Reinsurance Corporation of the Philippines Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of National Reinsurance Corporation of the Philippines. The current cmo is -5.86891523.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
National Reinsurance Corporation of the Philippines Daily Chande Momentum Oscillator (CMO) ChartNational Reinsurance Corporation of the Philippines Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of National Reinsurance Corporation of the Philippines. The current willr is -56.66666667.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that National Reinsurance Corporation of the Philippines is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
National Reinsurance Corporation of the Philippines Daily Williams %R ChartNational Reinsurance Corporation of the Philippines Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of National Reinsurance Corporation of the Philippines.

National Reinsurance Corporation of the Philippines Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of National Reinsurance Corporation of the Philippines. The current atr is 0.05371565.

National Reinsurance Corporation of the Philippines Daily Average True Range (ATR) ChartNational Reinsurance Corporation of the Philippines Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of National Reinsurance Corporation of the Philippines. The current obv is 3,493,000.

National Reinsurance Corporation of the Philippines Daily On-Balance Volume (OBV) ChartNational Reinsurance Corporation of the Philippines Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of National Reinsurance Corporation of the Philippines. The current mfi is 21.25.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
National Reinsurance Corporation of the Philippines Daily Money Flow Index (MFI) ChartNational Reinsurance Corporation of the Philippines Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for National Reinsurance Corporation of the Philippines.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-10BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-08-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-08-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-08-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-08-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-09-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-11STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-10-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-10-14MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-18MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-02MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

National Reinsurance Corporation of the Philippines Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of National Reinsurance Corporation of the Philippines based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.835
Ma 20Greater thanMa 500.689
Ma 50Greater thanMa 1000.764
Ma 100Greater thanMa 2000.654
OpenGreater thanClose0.580
Total2/5 (40.0%)
Penke
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