Title
by Americanbulls.com LLC
Last Update
2021-01-26
399107
SZSE A SHARE INDEX
Last Signal: SELL
Last Pattern: BEARISH HANGING MAN
Last Close:
2,526.4960
Change:
-50.9730
Percent change
-1.98%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HANGING MAN pattern finally received a confirmation because the values crossed below the confirmation level which was at 2,549.9340, and our valid average selling value stands now at 2,539.8490. The previous BUY signal was issued on 2020-12-30, 27 days ago, when the index value was 2,388.8700. Since then 399107 has risen by +6.32%.
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
The pattern occurs at the top of a trend or during an uptrend. The name Hanging Man comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-262,539.8490SELL 99.03
2020-12-302,388.8700BUY 93.71
2020-12-242,360.2990SELL 94.28
2020-12-152,361.2610BUY 94.89
2020-12-092,390.4800SELL 95.46
2020-12-022,396.6380BUY 96.28
2020-11-262,349.9180SELL 96.86
2020-11-202,391.7860BUY 99.18
2020-11-182,366.9070SELL 99.78
2020-11-162,396.5580BUY 101.64
2020-11-062,388.5760SELL 102.25
2020-10-292,352.6540BUY 101.32
2020-10-152,387.8350SELL 101.93
2020-10-092,299.9280BUY 98.77
2020-09-222,285.8670SELL 99.37
2020-09-142,287.6370BUY 100.05
2020-09-072,386.0760SELL 100.65
2020-08-282,375.8460BUY 100.82
2020-08-202,332.6740SELL 101.43
2020-08-142,339.2310BUY 102.33
2020-08-072,394.9920SELL 102.95
2020-07-292,298.5270BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-262,539.8490SELL 126.84
2020-12-302,388.8700BUY 120.02
2020-12-242,360.2990SELL 120.74
2020-12-152,361.2610BUY 121.52
2020-12-092,390.4800SELL 122.25
2020-12-022,396.6380BUY 123.30
2020-11-262,349.9180SELL 124.04
2020-11-202,391.7860BUY 127.01
2020-11-182,366.9070SELL 127.78
2020-11-162,396.5580BUY 130.16
2020-11-062,388.5760SELL 130.95
2020-10-292,352.6540BUY 129.76
2020-10-152,387.8350SELL 130.54
2020-10-092,299.9280BUY 126.49
2020-09-222,285.8670SELL 127.25
2020-09-142,287.6370BUY 128.12
2020-09-072,386.0760SELL 128.89
2020-08-282,375.8460BUY 129.11
2020-08-202,332.6740SELL 129.89
2020-08-142,339.2310BUY 131.04
2020-08-072,394.9920SELL 131.83
2020-07-292,298.5270BUY 127.28
2020-07-152,391.7025SELL 128.05
2020-06-011,890.5880BUY 101.83
2020-05-281,851.7250SELL 102.44
2020-05-261,848.0910BUY 102.86
2020-05-181,884.3560SELL 103.48
2020-04-301,827.7910BUY 100.98
2020-04-241,827.5400SELL 101.59
2020-04-141,805.2490BUY 100.96
2020-04-101,804.8585SELL 101.57
2020-04-071,806.9540BUY 102.30
2020-03-161,885.5270SELL 102.92
2020-03-041,971.8550BUY 108.28
2020-02-281,908.6950SELL 108.93
2020-02-051,731.2800BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-262,539.8490SELL 166.54
2020-12-302,388.8700BUY 157.59
2020-12-242,360.2990SELL 158.54
2020-12-152,361.2610BUY 159.56
2020-12-092,390.4800SELL 160.52
2020-12-022,396.6380BUY 161.90
2020-11-262,349.9180SELL 162.88
2020-11-202,391.7860BUY 166.78
2020-11-182,366.9070SELL 167.79
2020-11-162,396.5580BUY 170.92
2020-11-062,388.5760SELL 171.95
2020-10-292,352.6540BUY 170.39
2020-10-152,387.8350SELL 171.42
2020-10-092,299.9280BUY 166.11
2020-09-222,285.8670SELL 167.11
2020-09-142,287.6370BUY 168.25
2020-09-072,386.0760SELL 169.27
2020-08-282,375.8460BUY 169.56
2020-08-202,332.6740SELL 170.58
2020-08-142,339.2310BUY 172.09
2020-08-072,394.9920SELL 173.13
2020-07-292,298.5270BUY 167.16
2020-07-152,391.7025SELL 168.17
2020-06-011,890.5880BUY 133.74
2020-05-281,851.7250SELL 134.55
2020-05-261,848.0910BUY 135.10
2020-05-181,884.3560SELL 135.92
2020-04-301,827.7910BUY 132.64
2020-04-241,827.5400SELL 133.44
2020-04-141,805.2490BUY 132.61
2020-04-101,804.8585SELL 133.41
2020-04-071,806.9540BUY 134.37
2020-03-161,885.5270SELL 135.18
2020-03-041,971.8550BUY 142.22
2020-02-281,908.6950SELL 143.08
2020-02-051,731.2800BUY 130.56
2020-01-231,877.1930SELL 131.35
2019-12-251,775.4160BUY 124.98
2019-12-231,766.1150SELL 125.73
2019-12-031,677.2490BUY 120.12
2019-11-221,700.8755SELL 120.85
2019-11-131,688.6180BUY 120.70
2019-11-111,706.6840SELL 121.43
2019-11-041,722.5750BUY 123.30
2019-10-301,703.6290SELL 124.04
2019-10-281,722.9090BUY 126.20
2019-10-241,690.7310SELL 126.96
2019-10-221,698.7640BUY 128.33
2019-10-181,702.8175SELL 129.10
2019-10-091,683.0510BUY 128.37
2019-09-231,740.0380SELL 129.14
2019-09-191,749.6000BUY 130.63
2019-09-111,752.2030SELL 131.42
2019-08-121,573.6990BUY 118.74
2019-08-071,561.9620SELL 119.46
2019-07-241,627.5070BUY 125.22
2019-07-181,626.7850SELL 125.98
2019-07-151,634.4380BUY 127.34
2019-07-081,627.3480SELL 128.11
2019-06-201,601.7330BUY 126.85
2019-06-141,574.5565SELL 127.62
2019-06-111,559.2770BUY 127.14
2019-06-041,577.4430SELL 127.91
2019-05-271,575.5030BUY 128.52
2019-05-171,612.6150SELL 129.30
2019-05-101,623.3000BUY 130.94
2019-04-221,835.7700SELL 131.73
2019-04-161,826.3220BUY 131.84
2019-04-111,850.2455SELL 132.64
2019-03-291,744.8300BUY 125.84
2019-03-201,761.7970SELL 126.60
2019-03-181,729.2600BUY 125.01
2019-03-141,711.7680SELL 125.76
2019-02-011,344.8240BUY 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.