Title
by Americanbulls.com LLC
  • English
    v
Last Update
2021-01-25
399652
SME-CHINEXT HNTE
Last Signal: SELL
Last Pattern: BEARISH HANGING MAN
Last Close:
3,612.5060
Change:
-63.5570
Percent change
-1.73%
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 3,637.6300, and our valid average selling value stands now at 3,618.5660. The previous BUY signal was issued on 2021-01-13, 12 days ago, when the index value was 3,513.6950. Since then 399652 has risen by +2.98%.
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⇨ 
2021-01-253,618.5660SELL 92.98
2021-01-133,513.6950BUY 90.83
2021-01-073,398.1610SELL 91.38
2020-12-303,235.2640BUY 87.52
2020-12-253,231.4060SELL 88.05
2020-12-143,208.4890BUY 87.95
2020-12-073,270.4900SELL 88.48
2020-12-033,321.9630BUY 90.42
2020-11-113,403.8610SELL 90.97
2020-11-033,350.6970BUY 90.09
2020-10-303,289.5380SELL 90.63
2020-10-273,328.9790BUY 92.27
2020-10-153,621.0730SELL 92.83
2020-10-093,461.1590BUY 89.27
2020-09-243,414.0550SELL 89.81
2020-09-183,495.9620BUY 92.52
2020-09-033,724.8660SELL 93.08
2020-08-283,735.7450BUY 93.92
2020-08-213,705.4460SELL 94.49
2020-08-173,874.7830BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-253,618.5660SELL 144.99
2021-01-133,513.6950BUY 141.64
2021-01-073,398.1610SELL 142.49
2020-12-303,235.2640BUY 136.48
2020-12-253,231.4060SELL 137.30
2020-12-143,208.4890BUY 137.15
2020-12-073,270.4900SELL 137.98
2020-12-033,321.9630BUY 141.00
2020-11-113,403.8610SELL 141.85
2020-11-033,350.6970BUY 140.48
2020-10-303,289.5380SELL 141.33
2020-10-273,328.9790BUY 143.89
2020-10-153,621.0730SELL 144.76
2020-10-093,461.1590BUY 139.20
2020-09-243,414.0550SELL 140.04
2020-09-183,495.9620BUY 144.27
2020-09-033,724.8660SELL 145.14
2020-08-283,735.7450BUY 146.44
2020-08-213,705.4460SELL 147.32
2020-08-173,874.7830BUY 154.98
2020-08-103,992.5480SELL 155.92
2020-07-213,807.7500BUY 149.60
2020-07-154,027.7550SELL 150.50
2020-06-223,296.2040BUY 123.91
2020-06-183,212.2710SELL 124.66
2020-06-013,025.1880BUY 118.11
2020-05-213,068.7260SELL 118.82
2020-04-302,894.3130BUY 112.74
2020-04-232,892.8310SELL 113.42
2020-04-162,845.8960BUY 112.25
2020-04-132,749.8850SELL 112.93
2020-04-022,682.9500BUY 110.85
2020-03-302,689.0940SELL 111.52
2020-03-262,784.0460BUY 116.15
2020-02-283,060.4240SELL 116.85
2020-02-042,587.6605BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-253,618.5660SELL 204.73
2021-01-133,513.6950BUY 200.00
2021-01-073,398.1610SELL 201.21
2020-12-303,235.2640BUY 192.72
2020-12-253,231.4060SELL 193.88
2020-12-143,208.4890BUY 193.67
2020-12-073,270.4900SELL 194.84
2020-12-033,321.9630BUY 199.10
2020-11-113,403.8610SELL 200.30
2020-11-033,350.6970BUY 198.36
2020-10-303,289.5380SELL 199.56
2020-10-273,328.9790BUY 203.17
2020-10-153,621.0730SELL 204.40
2020-10-093,461.1590BUY 196.55
2020-09-243,414.0550SELL 197.74
2020-09-183,495.9620BUY 203.71
2020-09-033,724.8660SELL 204.94
2020-08-283,735.7450BUY 206.78
2020-08-213,705.4460SELL 208.03
2020-08-173,874.7830BUY 218.85
2020-08-103,992.5480SELL 220.17
2020-07-213,807.7500BUY 211.25
2020-07-154,027.7550SELL 212.53
2020-06-223,296.2040BUY 174.98
2020-06-183,212.2710SELL 176.04
2020-06-013,025.1880BUY 166.79
2020-05-213,068.7260SELL 167.80
2020-04-302,894.3130BUY 159.22
2020-04-232,892.8310SELL 160.18
2020-04-162,845.8960BUY 158.53
2020-04-132,749.8850SELL 159.49
2020-04-022,682.9500BUY 156.55
2020-03-302,689.0940SELL 157.49
2020-03-262,784.0460BUY 164.04
2020-02-283,060.4240SELL 165.03
2020-02-042,587.6605BUY 140.38
2020-01-232,836.3845SELL 141.23
2019-12-252,552.9720BUY 127.89
2019-12-202,591.6335SELL 128.66
2019-12-032,364.9610BUY 118.12
2019-11-252,372.1280SELL 118.83
2019-11-142,356.4280BUY 118.76
2019-11-112,362.1360SELL 119.48
2019-11-042,374.5440BUY 120.83
2019-10-242,322.3500SELL 121.56
2019-10-222,349.5440BUY 123.73
2019-10-152,362.6900SELL 124.48
2019-10-102,331.2160BUY 123.56
2019-09-262,433.4360SELL 124.31
2019-09-242,506.4320BUY 128.81
2019-09-182,416.0800SELL 129.59
2019-09-162,496.0660BUY 134.69
2019-09-112,488.5370SELL 135.50
2019-09-032,345.6540BUY 128.49
2019-08-302,242.9820SELL 129.27
2019-08-122,081.7490BUY 120.70
2019-08-052,135.2240SELL 121.43
2019-07-312,192.8590BUY 125.46
2019-07-292,183.1190SELL 126.22
2019-07-242,164.8870BUY 125.92
2019-07-182,137.1640SELL 126.68
2019-07-152,144.1375BUY 127.86
2019-07-032,242.1970SELL 128.63
2019-06-202,096.8140BUY 121.02
2019-06-142,028.1420SELL 121.75
2019-06-112,010.7240BUY 121.43
2019-05-242,024.6370SELL 122.16
2019-05-212,070.2450BUY 125.67
2019-05-172,026.4725SELL 126.43
2019-05-102,006.4760BUY 125.94
2019-04-232,298.6970SELL 126.70
2019-04-162,346.7430BUY 130.13
2019-04-082,410.4345SELL 130.92
2019-03-292,232.2210BUY 121.97
2019-03-262,244.2450SELL 122.71
2019-03-192,248.2540BUY 123.67
2019-03-142,230.5900SELL 124.42
2019-03-042,116.1320BUY 118.75
2019-02-272,049.7000SELL 119.47
2019-02-011,695.2000BUY 99.40
† Trade commissions are taken as 0.60%.

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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.

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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.

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