603606 (SSE)

603606 SSE

Ningbo Orient Wires & Cables A

SELL

47.57

Prev.Close

48.89

Change

-1.3200

Change%

-2.70%

BEARISH STOP LOSS

Sold at

48.54

Open

48.85

High

48.85

Low

47.37

47.57

Gain%

-2.00%

Signal History

Date	Price	Signal	Change%		CNY100⇨
05-23	48.54	SELL	-2.0%		87
05-06	51.12	BUY	-5.0%	❌	92
04-24	51.70	SELL	-1.1%	✔	93
04-18	49.13	BUY	+5.2%	✔	89
04-15	48.38	SELL	+1.6%	❌	89
04-09	48.31	BUY	+0.1%	✔	90
04-07	46.68	SELL	+3.5%	❌	90
04-02	50.14	BUY	-6.9%	❌	97
03-25	50.65	SELL	-1.0%	✔	98
03-14	47.78	BUY	+6.0%	✔	93
03-05	46.67	SELL	+2.4%	❌	93
02-25	46.43	BUY	+0.5%	✔	94
02-11	49.70	SELL	-6.6%	✔	94
02-07	51.98	BUY	-4.4%	❌	99
01-23	52.96	SELL	-1.9%	✔	100
01-06	52.85	BUY	+0.2%	✔	100
12-04	58.35	SELL	-9.4%	✔	101
11-29	57.31	BUY	+1.8%	✔	99

† Trade commissions are taken as 0.60%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH STOP LOSS pattern has finally received confirmation because the prices crossed below the stop loss level at 49.90, and our valid average selling price now stands at 48.54. The previous BUY signal was issued on 2025-05-06, 17 days ago, when the stock price was 51.12. Since then, 603606 has fallen by -5.05%.

Market Outlook

The market underwent a transformation while our beloved candlesticks were dormant. Though the system has not yet detected a bearish pattern, the evidence is strong enough to warrant closing long positions. Today’s candlestick has a black body and its close is below the stop-loss level. The bearish stop-loss is confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

The Bearish Stop-Loss Pattern is not a standard candlestick pattern. It serves as the stop-loss complement for all confirmed bullish patterns. The conditions for activating the Bearish Stop-Loss are two consecutive lows or a close below the stop-loss level of a recently confirmed bullish pattern. more...

Date	Price	Signal	Change%		CNY100⇨
05-23	48.54	SELL	-2.0%		130
05-06	51.12	BUY	-5.0%	❌	138
04-24	51.70	SELL	-1.1%	✔	139
04-18	49.13	BUY	+5.2%	✔	133
04-15	48.38	SELL	+1.6%	❌	134
04-09	48.31	BUY	+0.1%	✔	134
04-07	46.68	SELL	+3.5%	❌	135
04-02	50.14	BUY	-6.9%	❌	146
03-25	50.65	SELL	-1.0%	✔	147
03-14	47.78	BUY	+6.0%	✔	139
03-05	46.67	SELL	+2.4%	❌	140
02-25	46.43	BUY	+0.5%	✔	140
02-11	49.70	SELL	-6.6%	✔	141
02-07	51.98	BUY	-4.4%	❌	148
01-23	52.96	SELL	-1.9%	✔	149
01-06	52.85	BUY	+0.2%	✔	150
12-04	58.35	SELL	-9.4%	✔	151
11-29	57.31	BUY	+1.8%	✔	149
11-22	54.75	SELL	+4.7%	❌	150
11-19	54.80	BUY	-0.1%	❌	151
11-07	57.78	SELL	-5.2%	✔	152
11-01	57.49	BUY	+0.5%	✔	152
10-29	56.00	SELL	+2.7%	❌	153
10-21	50.21	BUY	+11.5%	✔ 👍	138
10-09	53.30	SELL	-5.8%	✔	139
09-26	47.05	BUY	+13.3%	✔ 👍	123
09-20	46.50	SELL	+1.2%	❌	124
09-11	46.79	BUY	-0.6%	❌	126
09-05	47.88	SELL	-2.3%	✔	126
08-29	46.44	BUY	+3.1%	✔	123
08-19	47.73	SELL	-2.7%	✔	124
08-08	49.08	BUY	-2.8%	❌	128
07-29	52.02	SELL	-5.7%	✔	129
07-24	49.30	BUY	+5.5%	✔	123
07-11	47.26	SELL	+4.3%	❌	124
07-09	48.14	BUY	-1.8%	❌	127
06-26	48.17	SELL	-0.1%	✔	128
06-24	49.95	BUY	-3.6%	❌	133
06-19	50.84	SELL	-1.8%	✔	134
06-12	48.40	BUY	+5.0%	✔	128