Title
by Americanbulls.com LLC
Last Update
2021-01-26
399683
SZSE 500 CONS DISC
Last Signal: SELL
Last Pattern: BEARISH HANGING MAN
Last Close:
2,339.7180
Change:
-69.7930
Percent change
-2.90%
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 2,358.4780, and our valid average selling value stands now at 2,349.0750. The previous BUY signal was issued on 2021-01-21, 5 days ago, when the index value was 2,356.8785. Since then 399683 has fallen by -0.33%.
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⇨ 
2021-01-262,349.0750SELL 109.08
2021-01-212,356.8785BUY 110.10
2021-01-112,381.2950SELL 110.76
2020-12-282,217.1495BUY 103.75
2020-12-222,208.5010SELL 104.38
2020-12-172,202.4370BUY 104.72
2020-12-082,285.0680SELL 105.35
2020-12-012,285.4235BUY 106.00
2020-11-252,300.1610SELL 106.64
2020-11-192,302.6880BUY 107.40
2020-11-102,320.5320SELL 108.05
2020-10-132,033.9640BUY 95.28
2020-09-221,936.8730SELL 95.86
2020-09-111,885.2340BUY 93.87
2020-09-071,929.5700SELL 94.44
2020-09-011,952.1200BUY 96.12
2020-08-191,942.7145SELL 96.70
2020-08-171,945.2120BUY 97.41
2020-08-061,941.5910SELL 98.00
2020-08-031,957.5900BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-262,349.0750SELL 120.72
2021-01-212,356.8785BUY 121.85
2021-01-112,381.2950SELL 122.59
2020-12-282,217.1495BUY 114.83
2020-12-222,208.5010SELL 115.52
2020-12-172,202.4370BUY 115.90
2020-12-082,285.0680SELL 116.60
2020-12-012,285.4235BUY 117.32
2020-11-252,300.1610SELL 118.03
2020-11-192,302.6880BUY 118.87
2020-11-102,320.5320SELL 119.59
2020-10-132,033.9640BUY 105.45
2020-09-221,936.8730SELL 106.09
2020-09-111,885.2340BUY 103.88
2020-09-071,929.5700SELL 104.51
2020-09-011,952.1200BUY 106.37
2020-08-191,942.7145SELL 107.01
2020-08-171,945.2120BUY 107.79
2020-08-061,941.5910SELL 108.44
2020-08-031,957.5900BUY 109.99
2020-07-271,858.2870SELL 110.65
2020-07-201,878.2400BUY 112.51
2020-07-151,926.7210SELL 113.19
2020-07-011,753.1330BUY 103.61
2020-06-291,731.7910SELL 104.24
2020-05-291,664.1960BUY 100.78
2020-05-151,667.7580SELL 101.39
2020-04-281,549.9650BUY 94.80
2020-04-151,542.4910SELL 95.37
2020-04-071,526.5820BUY 94.96
2020-03-091,721.4830SELL 95.53
2020-03-041,737.3230BUY 96.99
2020-02-271,754.1090SELL 97.58
2020-02-241,779.5590BUY 99.59
2020-02-191,722.0010SELL 100.19
2020-02-111,698.1770BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-262,349.0750SELL 131.00
2021-01-212,356.8785BUY 132.23
2021-01-112,381.2950SELL 133.03
2020-12-282,217.1495BUY 124.61
2020-12-222,208.5010SELL 125.36
2020-12-172,202.4370BUY 125.77
2020-12-082,285.0680SELL 126.53
2020-12-012,285.4235BUY 127.31
2020-11-252,300.1610SELL 128.08
2020-11-192,302.6880BUY 128.99
2020-11-102,320.5320SELL 129.77
2020-10-132,033.9640BUY 114.43
2020-09-221,936.8730SELL 115.12
2020-09-111,885.2340BUY 112.73
2020-09-071,929.5700SELL 113.41
2020-09-011,952.1200BUY 115.43
2020-08-191,942.7145SELL 116.13
2020-08-171,945.2120BUY 116.98
2020-08-061,941.5910SELL 117.69
2020-08-031,957.5900BUY 119.38
2020-07-271,858.2870SELL 120.10
2020-07-201,878.2400BUY 122.12
2020-07-151,926.7210SELL 122.86
2020-07-011,753.1330BUY 112.47
2020-06-291,731.7910SELL 113.15
2020-05-291,664.1960BUY 109.39
2020-05-151,667.7580SELL 110.05
2020-04-281,549.9650BUY 102.89
2020-04-151,542.4910SELL 103.51
2020-04-071,526.5820BUY 103.06
2020-03-091,721.4830SELL 103.68
2020-03-041,737.3230BUY 105.27
2020-02-271,754.1090SELL 105.91
2020-02-241,779.5590BUY 108.10
2020-02-191,722.0010SELL 108.75
2020-02-111,698.1770BUY 107.89
2020-01-211,793.7315SELL 108.54
2019-12-261,701.2520BUY 103.57
2019-12-231,682.4670SELL 104.20
2019-12-161,657.9140BUY 103.30
2019-12-121,616.9730SELL 103.92
2019-12-031,582.4870BUY 102.32
2019-11-211,583.8160SELL 102.94
2019-11-191,596.5890BUY 104.40
2019-11-111,630.8460SELL 105.03
2019-10-291,583.9580BUY 102.63
2019-10-251,558.5230SELL 103.25
2019-10-081,539.3390BUY 102.59
2019-09-251,556.0790SELL 103.21
2019-09-191,581.9320BUY 105.56
2019-09-171,585.4620SELL 106.20
2019-09-041,572.1220BUY 105.94
2019-08-291,518.6010SELL 106.58
2019-08-161,452.6950BUY 102.57
2019-08-011,529.3600SELL 103.19
2019-07-241,527.9740BUY 103.72
2019-07-091,543.9330SELL 104.35
2019-06-201,504.6680BUY 102.31
2019-06-131,494.1420SELL 102.93
2019-06-101,478.0780BUY 102.44
2019-05-171,539.2080SELL 103.06
2019-05-101,553.5330BUY 104.65
2019-04-231,718.1450SELL 105.28
2019-04-171,736.6860BUY 107.06
2019-04-121,686.8680SELL 107.71
2019-03-291,567.2570BUY 100.68
2019-03-201,588.0610SELL 101.29
2019-03-151,551.8910BUY 99.58
2019-03-071,566.8395SELL 100.18
2019-03-051,545.2670BUY 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.