Title
by Americanbulls.com LLC
Last Update
2021-01-15
399659
SHENZHEN COMPONENTEW
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
4,473.6110
Change:
-14.1860
Percent change
-0.32%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 4,476.6620, and our valid average selling value stands now at 4,473.6110. The previous BUY signal was issued on 2020-12-30, 16 days ago, when the index value was 4,341.5485. Since then 399659 has risen by +3.04%.
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⇨ 
2021-01-154,473.6110SELL 91.05
2020-12-304,341.5485BUY 88.90
2020-12-244,334.2850SELL 89.44
2020-12-214,427.4560BUY 91.91
2020-12-114,396.9830SELL 92.46
2020-12-024,502.7860BUY 95.26
2020-11-264,408.7260SELL 95.84
2020-11-164,440.4145BUY 97.11
2020-11-114,429.8930SELL 97.70
2020-11-034,331.3070BUY 96.10
2020-10-224,367.6250SELL 96.68
2020-09-144,364.7210BUY 97.20
2020-09-034,596.3865SELL 97.79
2020-08-284,550.4860BUY 97.40
2020-08-204,511.9670SELL 97.99
2020-08-144,525.4135BUY 98.88
2020-08-124,509.6970SELL 99.48
2020-07-294,454.1680BUY 98.85
2020-07-244,519.6380SELL 99.45
2020-07-204,490.1840BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-154,473.6110SELL 121.79
2020-12-304,341.5485BUY 118.91
2020-12-244,334.2850SELL 119.63
2020-12-214,427.4560BUY 122.94
2020-12-114,396.9830SELL 123.68
2020-12-024,502.7860BUY 127.42
2020-11-264,408.7260SELL 128.19
2020-11-164,440.4145BUY 129.89
2020-11-114,429.8930SELL 130.67
2020-11-034,331.3070BUY 128.53
2020-10-224,367.6250SELL 129.31
2020-09-144,364.7210BUY 130.00
2020-09-034,596.3865SELL 130.78
2020-08-284,550.4860BUY 130.26
2020-08-204,511.9670SELL 131.05
2020-08-144,525.4135BUY 132.23
2020-08-124,509.6970SELL 133.03
2020-07-294,454.1680BUY 132.19
2020-07-244,519.6380SELL 132.99
2020-07-204,490.1840BUY 132.92
2020-07-154,677.3110SELL 133.72
2020-06-013,704.1790BUY 106.54
2020-05-283,626.5310SELL 107.18
2020-04-303,590.8210BUY 106.77
2020-04-243,622.4730SELL 107.41
2020-04-163,618.2910BUY 107.93
2020-04-103,555.4150SELL 108.58
2020-04-023,449.5110BUY 105.98
2020-03-093,893.6240SELL 106.62
2020-03-043,929.4700BUY 108.25
2020-02-283,799.0670SELL 108.90
2020-02-053,446.9040BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-154,473.6110SELL 149.87
2020-12-304,341.5485BUY 146.32
2020-12-244,334.2850SELL 147.20
2020-12-214,427.4560BUY 151.27
2020-12-114,396.9830SELL 152.18
2020-12-024,502.7860BUY 156.78
2020-11-264,408.7260SELL 157.73
2020-11-164,440.4145BUY 159.82
2020-11-114,429.8930SELL 160.78
2020-11-034,331.3070BUY 158.15
2020-10-224,367.6250SELL 159.10
2020-09-144,364.7210BUY 159.95
2020-09-034,596.3865SELL 160.92
2020-08-284,550.4860BUY 160.27
2020-08-204,511.9670SELL 161.24
2020-08-144,525.4135BUY 162.70
2020-08-124,509.6970SELL 163.68
2020-07-294,454.1680BUY 162.64
2020-07-244,519.6380SELL 163.62
2020-07-204,490.1840BUY 163.53
2020-07-154,677.3110SELL 164.52
2020-06-013,704.1790BUY 131.08
2020-05-283,626.5310SELL 131.87
2020-04-303,590.8210BUY 131.36
2020-04-243,622.4730SELL 132.15
2020-04-163,618.2910BUY 132.79
2020-04-103,555.4150SELL 133.59
2020-04-023,449.5110BUY 130.39
2020-03-093,893.6240SELL 131.18
2020-03-043,929.4700BUY 133.19
2020-02-283,799.0670SELL 133.99
2020-02-053,446.9040BUY 122.30
2020-01-233,728.3810SELL 123.04
2019-12-253,485.0500BUY 115.70
2019-12-233,458.7300SELL 116.40
2019-12-163,424.9620BUY 115.96
2019-12-123,350.4450SELL 116.66
2019-12-023,251.8850BUY 113.91
2019-11-223,286.6760SELL 114.60
2019-11-043,308.7210BUY 116.06
2019-10-303,271.4270SELL 116.76
2019-10-283,316.1690BUY 119.07
2019-10-243,246.6670SELL 119.79
2019-10-223,263.5090BUY 121.14
2019-10-163,295.2080SELL 121.87
2019-10-093,255.9710BUY 121.15
2019-09-233,385.1080SELL 121.88
2019-09-193,402.9760BUY 123.26
2019-09-113,413.2320SELL 124.00
2019-09-033,286.3360BUY 120.11
2019-08-293,220.9840SELL 120.83
2019-08-123,039.2950BUY 114.70
2019-08-053,098.0950SELL 115.39
2019-07-153,167.4675BUY 118.69
2019-07-033,265.7070SELL 119.41
2019-06-203,137.5480BUY 115.42
2019-06-143,096.8780SELL 116.12
2019-06-113,066.5290BUY 115.68
2019-06-043,108.6320SELL 116.38
2019-05-283,197.1440BUY 120.42
2019-05-173,225.9205SELL 121.15
2019-05-103,256.2475BUY 123.03
2019-04-223,709.3690SELL 123.77
2019-04-173,738.0020BUY 125.48
2019-04-083,783.8110SELL 126.24
2019-04-013,646.3270BUY 122.39
2019-03-283,481.2320SELL 123.13
2019-03-183,521.4850BUY 125.31
2019-03-143,493.7270SELL 126.07
2019-02-012,667.7780BUY 96.85
2019-01-282,734.3130SELL 97.43
2019-01-212,772.8630BUY 99.40
† Trade commissions are taken as 0.60%.

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