Title
by Americanbulls.com LLC
Last Update
2019-04-23
002058
SH WELLTECH AUTO A
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
13.7400
Change:
-0.2800
Percent change
-2.00%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 13.8800, and our valid average selling price stands now at 13.7800. The previous BUY signal was issued on 2019-04-17, 6 days ago, when the stock price was 14.0500. Since then 002058 has fallen by -1.92%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2019-04-2313.7800SELL 110.09
2019-04-1714.0500BUY 112.92
2019-04-0814.2300SELL 113.60
2019-04-0113.7300BUY 110.27
2019-03-2614.4300SELL 110.94
2019-03-1314.4600BUY 111.84
2019-03-0813.4700SELL 112.52
2019-03-0413.2000BUY 110.93
2019-02-2813.1900SELL 111.60
2019-02-1111.1700BUY 95.08
2019-01-1012.8800SELL 95.65
2019-01-0813.0000BUY 97.12
2019-01-0312.2600SELL 97.71
2018-12-1211.5600BUY 92.69
2018-12-0711.3400SELL 93.25
2018-12-0412.0150BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-04-2313.7800SELL 185.90
2019-04-1714.0500BUY 190.69
2019-04-0814.2300SELL 191.84
2019-04-0113.7300BUY 186.22
2019-03-2614.4300SELL 187.34
2019-03-1314.4600BUY 188.86
2019-03-0813.4700SELL 190.00
2019-03-0413.2000BUY 187.32
2019-02-2813.1900SELL 188.45
2019-02-1111.1700BUY 160.55
2019-01-1012.8800SELL 161.52
2019-01-0813.0000BUY 164.01
2019-01-0312.2600SELL 165.00
2018-12-1211.5600BUY 156.52
2018-12-0711.3400SELL 157.46
2018-12-0412.0150BUY 167.84
2018-11-2214.2100SELL 168.85
2018-10-198.4800BUY 101.37
2018-10-0910.3200SELL 101.98
2018-09-129.9300BUY 98.72
2018-09-109.9800SELL 99.32
2018-09-059.9800BUY 99.92
2018-08-3010.0200SELL 100.52
2018-08-2110.1400BUY 102.34
2018-07-3111.8400SELL 102.96
2018-07-2411.0650BUY 96.80
2018-07-1911.2900SELL 97.38
2018-07-1310.5000BUY 91.11
2018-07-1110.5200SELL 91.66
2018-07-0310.6400BUY 93.27
2018-06-2810.2900SELL 93.83
2018-06-2510.2600BUY 94.12
2018-06-0813.0300SELL 94.69
2018-06-0412.9000BUY 94.31
2018-05-2913.5500SELL 94.88
2018-05-1714.1100BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-04-2313.7800SELL 201.02
2019-04-1714.0500BUY 206.20
2019-04-0814.2300SELL 207.44
2019-04-0113.7300BUY 201.36
2019-03-2614.4300SELL 202.58
2019-03-1314.4600BUY 204.23
2019-03-0813.4700SELL 205.46
2019-03-0413.2000BUY 202.56
2019-02-2813.1900SELL 203.78
2019-02-1111.1700BUY 173.61
2019-01-1012.8800SELL 174.66
2019-01-0813.0000BUY 177.35
2019-01-0312.2600SELL 178.42
2018-12-1211.5600BUY 169.25
2018-12-0711.3400SELL 170.27
2018-12-0412.0150BUY 181.49
2018-11-2214.2100SELL 182.59
2018-10-198.4800BUY 109.62
2018-10-0910.3200SELL 110.28
2018-09-129.9300BUY 106.75
2018-09-109.9800SELL 107.39
2018-09-059.9800BUY 108.04
2018-08-3010.0200SELL 108.69
2018-08-2110.1400BUY 110.66
2018-07-3111.8400SELL 111.33
2018-07-2411.0650BUY 104.67
2018-07-1911.2900SELL 105.30
2018-07-1310.5000BUY 98.52
2018-07-1110.5200SELL 99.11
2018-07-0310.6400BUY 100.85
2018-06-2810.2900SELL 101.46
2018-06-2510.2600BUY 101.77
2018-06-0813.0300SELL 102.38
2018-06-0412.9000BUY 101.97
2018-05-2913.5500SELL 102.59
2018-05-1714.1100BUY 107.47
2018-04-1316.1800SELL 108.12
2018-04-1016.1500BUY 108.57
2018-04-0216.6700SELL 109.23
2018-03-2816.6000BUY 109.43
2018-03-1418.6700SELL 110.09
2018-03-0117.1200BUY 101.56
2018-01-2221.4800SELL 102.17
2017-12-2220.6850BUY 98.98
2017-12-2019.8600SELL 99.58
2017-12-1520.6100BUY 103.96
2017-12-0521.7600SELL 104.59
2017-11-2018.8500BUY 91.15
2017-09-2020.8200QUIT 91.70
2017-08-0220.2950BUY 89.93
2017-07-3120.2300SELL 90.47
2017-07-2020.5200BUY 92.32
2017-07-1322.2000SELL 92.88
2017-07-0322.0900BUY 92.98
2017-06-1522.7000SELL 93.54
2017-06-0223.3000BUY 96.59
2017-05-1024.4300SELL 97.17
2017-05-0524.8400BUY 99.40
† Trade commissions are taken as 0.60%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Chinesebulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Chinesebulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Chinesebulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Chinesebulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.