The Power of Sentiment When Investing, Trading Any Financial Instruments

Investdata Weekly Sentiment Report

Trading psychology is about analysing market sentiment while keeping your emotions in check. It primarily relates to market dynamics and buyers’ sentiment.

Market dynamics allow traders like you to know the financial market’s overall mood and current sentiment- whether it is bearish or bullish. Market dynamics are usually the result of conditions created by notable events from the past, company reports, economic data releases, and geopolitical tensions.

Meanwhile, buyer sentiment tackles individual investors’ psychology, which is often guided by past experiences and expectations of what can happen in the near-term. It is commonly used in a negative context because a wise trader knows he/she must keep a cool head under the heat of the summer season, instead of making decisions based on how feelings. The big challenge of trading is overcoming your emotions when you win or lose, while determining whether the overall market is behaving rationally, or if many traders are merely going with the crowd.

Negative emotions can ruin one’s trading play, but fear and greed are the two common ones that affect traders the most. Being afraid of losses is an emotion every trader must overcome at some point. While it doesn’t feel good to see a losing position, remember that even the world’s best-known traders don’t get it right a 100 percent every time. The way to approach fear is to accept that trading always has its ups and downs. Learn from your mistakes and continue working on your technical and fundamental analyses skills.

Greed can convince a trader to keep a position open for too long so so he/she can hit a jackpot, only to miss the right time to close the trade. That is why having and sticking to an entry and exit plan is crucial. Overall, improving self-awareness and understanding how your emotions play a role in your decision-making is key to controlling them. Once you have the right level of rationality and emotional detachment, you’re on your way to becoming a master of the markets.

Understanding sentiment and reading price actions or charts perfectly will help market players profit from volatility and a changing trading environment in any market cycle, especially now that we are witnessing structural changes and fixing from the fiscal and monetary policy makers.

So, watch the charts below as bargain hunters take advantage of pullbacks in the midst of ongoing portfolio rebalancing and sector rotation.

Sentiment Report For the Week Ended January 3, 2025

NGXASI buy 💯 volume index 1.08 MFI 70.00D

Abc buy 0% volume index 1.37 MFI 34.43D

Academy buy 93% sell 7% MFI 49.96U

Accorp buy 93% sell 7% volume index 0.92 MFI 73.33U

Afriprud buy 💯 volume index 1.34 MFI 88.08U

Aiico buy 💯 volume index 2.14 MFI 87.18U

Beta buy 💯 MFI 70.63U

Cadbury buy 0% volume index 0.86 MFI 59.31U

Caverton buy 💯 volume index 0.87 MFI 59.97U

Chams buy 💯 volume index 3.00 MFI 65.21U

Cileasing buy 💯 volume index 4.08 MFI 47.06U

CHH buy 88% sell 12% MFI 96.32U

Corner buy 💯 volume index 2.42 MFI 83.44U

Custodian buy 53% sell 47% MFI 86.93U

Cutix buy 94% sell 6% MFI 25.36U

CWG buy 0% volume index 0.90 MFI 66.85D

Daar buy 71% sell 29% volume index 1.07 MFI 39.17U

Dangsugar buy 16% sell 84% volume index 0.94 MFI 59.90U

Deap buy 75% sell 25% volume index 0.72 MFI 60.76D

Ellah buy 57% sell 43% volume index 0.78 MFI 21.85D

Eterna buy 89% sell 11% MFI 52.97D

Etranzact buy 0% MFI 60.23D

Fbnh buy 13% sell 87% MFI 28.13U

Fcmb buy 38% sell 62% MFI 65.64D

Fidelity buy 💯 MFI 85.67D

Fidson buy 💯 volume index 1.33 MFI 52.49D

Ftn buy 88% sell 12% volume index 1.27 MFI 61.78U

GTCO buy 💯 volume index 0.78 MFI 55.80D

Guinea buy 💯 volume index 2.25 MFI 64.04U

HFM buy 💯 volume index 1.55 MFI 84.29U

IEI buy 💯 volume index 2.27 MFI 71.26U

Jaiz buy 💯 MFI 76.25D

Jagold buy 💯 MFI 37.95U

Jberger buy 💯 MFI 96.88U

Johnholt buy 💯 volume index 4.85 MFI 84.29U

Lasaco buy 💯 volume index 3.35 MFI 67.55U

Learn buy 💯 volume index 2.85 MFI 83.19U

Linkass buy 💯 volume index 3.72 MFI 89.24U

Lvstk buy 💯 volume index 1.27 MFI 77.72U

LVTST buy 💯 volume index 3.91 MFI 82.37U

Mansard buy 97% sell 3% volume index 0.97 MFI 98.79U

Mcnicho buy 💯 MFI 46.23D

Mecure buy 💯 volume index 3.20 MFI 92.46U

Mtnn buy 0% volume index 0.81 MFI 45.00U

MLTVS buy 💯 volume index 4.37 MFI 31.98U

Nahco buy 💯 volume index 1.57 MFI 76.54U

Nascon buy 20% sell 80% volume index 1.21 MFI 41.95U

NCR buy 💯 volume index 7.80 MFI 56.74U

Neimeth buy 💯 volume index 1.87 MFI 50.45U

Nem buy 96% sell 4% volume index 1.97 MFI 88.67U

NGXGR buy 0% MFI 80.11D

NNFM buy 💯 volume index 1.36 MFI 73.71U

NPFMC buy 💯 volume index 5.25 MFI 57.36U

Oando buy 22% sell 78% MFI 44.04U

Okomu buy 💯 volume index 3.33 MFI 68.35U

Omatek buy 💯 volume index 1.29 MFI 59.72U

Presco buy 💯 volume index 1.10 MFI 76.12U

Prestige buy 💯 volume index 2.60 MFI 94.80U

Pz buy 39% sell 61% volume index 11.49 MFI 42.56D

Red buy 💯 volume index 2.01 MFI 90.94U

Regalins buy 💯 volume index 3.04 MFI 72.00U

Royalex buy 💯 volume index 16.15 MFI 93.39U

RTB buy 96% sell 4% MFI 45.70U

Sovrenins buy 💯 volume index 2.45 MFI 91.46U

Stanbic buy 💯 MFI 52.26D

Sterling buy 88% sell 12% MFI 82.15U

Sunu buy 95% sell 5% volume index 1.47 MFI 100.00

Tantalizer buy 💯 volume index 2.03 MFI 97.81U

Tip buy 💯 MFI 77.84D

Total buy 0% volume index 6.12 MFI 0.00

TPlc buy 💯 MFI 60.41U

Uacn buy 62% sell 38% MFI 53.77U

Uba buy 91% sell 9% MFI 79.72D

Ucap buy 74% sell 26% volume index 0.99 MFI 63.81U

Unilever buy 💯 volume index 1.46 MFI 78.93U

Univinsure buy 💯 volume index 2.16 MFI 85.17U

UPDC buy 💯 volume index 2.62 MFI 66.48U

Veritas buy 💯 volume index 1.46 MFI 53.39U

Vitafoam buy 💯 volume index 5.49 MFI 55.33D

Wapco buy 💯 volume index 0.71 MFI 83.96U

Wapic buy 💯 volume index 0.78 MFI 69.94U

Wema buy 💯 MFI 18.06D

Zenith buy 79% sell 21% MFI 84.30D