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SSE
SZSE
Index
fx
001979
SHENZHEN
China Merchants Shekou Industrial Zone
STAY IN CASH
Close
9.5800
Prev.Close
9.7300
Change
-0.1500
Change%
-1.54%
BULLISH THREE GAP DOWNS
Sold at
10.42
Open
9.7200
High
9.7300
Low
9.5300
Close
9.5800
Gain%
-8.06%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
CNY100⇨
11-30
10.4200
SELL
-8.1%
85
11-23
10.9200
BUY
-4.6%
90
11-20
10.7500
SELL
+1.6%
90
11-08
11.0800
BUY
-3.0%
94
11-02
10.8900
SELL
+1.7%
94
10-31
11.0400
BUY
-1.4%
96
10-26
11.4200
SELL
-3.3%
97
10-24
11.8400
BUY
-3.5%
101
09-05
13.8100
SELL
-14.3%
102
08-25
13.7050
BUY
+0.8%
101
08-21
13.7300
SELL
-0.2%
102
08-15
13.8200
BUY
-0.7%
103
08-01
14.0400
SELL
-1.6%
104
07-26
13.3600
BUY
+5.1%
100
07-24
12.4350
SELL
+7.4%
100
07-18
12.0900
BUY
+2.9%
98
07-04
12.7800
SELL
-5.4%
98
06-27
12.8200
BUY
-0.3%
99
† Trade commissions are taken as 0.60%.
Date
Price
Signal
Change%
CNY100⇨
11-30
10.4200
SELL
-8.1%
96
11-23
10.9200
BUY
-4.6%
102
11-20
10.7500
SELL
+1.6%
102
11-08
11.0800
BUY
-3.0%
106
11-02
10.8900
SELL
+1.7%
107
10-31
11.0400
BUY
-1.4%
109
10-26
11.4200
SELL
-3.3%
109
10-24
11.8400
BUY
-3.5%
114
09-05
13.8100
SELL
-14.3%
115
08-25
13.7050
BUY
+0.8%
115
08-21
13.7300
SELL
-0.2%
115
08-15
13.8200
BUY
-0.7%
117
08-01
14.0400
SELL
-1.6%
117
07-26
13.3600
BUY
+5.1%
112
07-24
12.4350
SELL
+7.4%
113
07-18
12.0900
BUY
+2.9%
111
07-04
12.7800
SELL
-5.4%
111
06-27
12.8200
BUY
-0.3%
112
06-16
13.4800
SELL
-4.9%
113
06-07
13.0700
BUY
+3.1%
110
06-01
12.5500
SELL
+4.1%
111
05-30
12.6900
BUY
-1.1%
113
05-11
13.8800
SELL
-8.6%
113
05-05
13.9000
BUY
-0.1%
114
04-20
14.6700
SELL
-5.2%
115
03-30
13.3100
BUY
+10.2%
105
03-24
13.6450
SELL
-2.5%
106
03-22
13.9200
BUY
-2.0%
108
03-03
14.9500
SELL
-6.9%
109
02-07
13.8450
BUY
+8.0%
102
01-30
14.4000
SELL
-3.9%
102
01-10
13.8400
BUY
+4.0%
99
01-06
13.5300
SELL
+2.3%
99
01-04
12.8900
BUY
+5.0%
95
12-30
12.6300
SELL
+2.1%
96
12-28
12.9600
BUY
-2.5%
99
12-02
14.6600
SELL
-11.6%
100
11-25
14.4400
BUY
+1.5%
99
11-18
14.3000
SELL
+1.0%
99
11-04
13.4700
BUY
+6.2%
94
10-14
16.3400
SELL
-17.6%
95
10-11
16.8200
BUY
-2.9%
98
09-29
15.7900
SELL
+6.5%
99
09-26
15.8900
BUY
-0.6%
100
09-22
15.9200
SELL
-0.2%
100
08-17
13.4900
BUY
+18.0%
86
08-01
13.2800
SELL
+1.6%
86
07-25
12.3200
BUY
+7.8%
80
07-15
12.6000
SELL
-2.2%
81
06-30
13.0300
BUY
-3.3%
84
06-27
12.4100
SELL
+5.0%
85
06-23
12.7000
BUY
-2.3%
87
06-13
12.1700
SELL
+4.4%
88
06-09
12.3900
BUY
-1.8%
90
05-30
12.7800
SELL
-3.1%
90
05-25
12.9700
BUY
-1.5%
92
05-23
13.1000
SELL
-1.0%
93
05-17
13.6000
BUY
-3.7%
97
04-20
16.0700
SELL
-15.4%
97
04-15
16.6800
BUY
-3.7%
102
04-12
15.9450
SELL
+4.6%
102
03-22
14.0400
BUY
+13.6%
91
03-10
14.0200
SELL
+0.1%
91
03-07
14.7400
BUY
-4.9%
97
02-25
13.7300
SELL
+7.4%
97
02-22
14.1100
BUY
-2.7%
100
02-17
13.6000
SELL
+3.8%
101
02-09
14.0600
BUY
-3.3%
105
01-25
13.5900
SELL
+3.5%
106
01-18
13.1700
BUY
+3.2%
103
01-13
13.9200
SELL
-5.4%
104
12-31
13.0450
BUY
+6.7%
98
12-29
12.9950
SELL
+0.4%
98
12-27
13.0600
BUY
-0.5%
99
† Trade commissions are taken as 0.60%.
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to
STAY IN CASH
. The previous
SELL
signal was issued on 2023-11-30, 8 days ago, when the stock price was 10.42. Since then
001979
has fallen by
-8.06%
.
The bears are in full control. The current price is quite distant from the confirmation level, so the probability of a bullish confirmation is very low. Besides, the signal is suggesting to
STAY IN CASH
. It is best to follow the signal and calmly wait on the sidelines. The Delayed Intraday Module is OFF.
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend.
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