Title
by Americanbulls.com LLC
Last Update
2021-01-15
399688
SZSE 500 TELECOM
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
1,790.0420
Change:
-36.3850
Percent change
-1.99%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the values crossed below the confirmation level which was at 1,821.5945, and our valid average selling value stands now at 1,813.0625. The previous BUY signal was issued on 2021-01-11, 4 days ago, when the index value was 1,755.9730. Since then 399688 has risen by +3.25%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-151,813.0625SELL 88.08
2021-01-111,755.9730BUY 85.82
2021-01-071,734.1450SELL 86.34
2020-12-291,721.4105BUY 86.22
2020-12-071,870.8070SELL 86.74
2020-12-021,895.4120BUY 88.41
2020-11-111,940.0620SELL 88.94
2020-11-051,837.0140BUY 84.72
2020-10-221,867.9960SELL 85.23
2020-10-201,928.1080BUY 88.50
2020-10-151,942.7020SELL 89.03
2020-10-091,918.0270BUY 88.43
2020-09-032,102.2600SELL 88.96
2020-08-282,118.4240BUY 90.19
2020-08-192,146.7540SELL 90.73
2020-08-142,121.3750BUY 90.20
2020-08-112,144.4780SELL 90.74
2020-08-032,143.6460BUY 91.25
2020-07-271,990.6470SELL 91.80
2020-07-202,142.4690BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-151,813.0625SELL 104.06
2021-01-111,755.9730BUY 101.39
2021-01-071,734.1450SELL 102.00
2020-12-291,721.4105BUY 101.86
2020-12-071,870.8070SELL 102.47
2020-12-021,895.4120BUY 104.44
2020-11-111,940.0620SELL 105.07
2020-11-051,837.0140BUY 100.09
2020-10-221,867.9960SELL 100.69
2020-10-201,928.1080BUY 104.56
2020-10-151,942.7020SELL 105.19
2020-10-091,918.0270BUY 104.48
2020-09-032,102.2600SELL 105.11
2020-08-282,118.4240BUY 106.56
2020-08-192,146.7540SELL 107.20
2020-08-142,121.3750BUY 106.57
2020-08-112,144.4780SELL 107.21
2020-08-032,143.6460BUY 107.82
2020-07-271,990.6470SELL 108.47
2020-07-202,142.4690BUY 117.45
2020-07-102,295.1210SELL 118.16
2020-06-302,025.7740BUY 104.92
2020-06-232,051.6990SELL 105.55
2020-06-181,994.5780BUY 103.23
2020-06-151,922.4550SELL 103.85
2020-06-011,840.2390BUY 100.01
2020-05-181,966.5470SELL 100.61
2020-05-082,019.3940BUY 103.94
2020-04-231,911.2375SELL 104.57
2020-04-161,884.2140BUY 103.71
2020-04-131,843.3790SELL 104.34
2020-03-252,006.8670BUY 114.28
2020-03-042,272.0040SELL 114.97
2020-02-171,952.5810BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2021-01-151,813.0625SELL 130.62
2021-01-111,755.9730BUY 127.27
2021-01-071,734.1450SELL 128.04
2020-12-291,721.4105BUY 127.87
2020-12-071,870.8070SELL 128.64
2020-12-021,895.4120BUY 131.12
2020-11-111,940.0620SELL 131.91
2020-11-051,837.0140BUY 125.66
2020-10-221,867.9960SELL 126.42
2020-10-201,928.1080BUY 131.28
2020-10-151,942.7020SELL 132.07
2020-10-091,918.0270BUY 131.18
2020-09-032,102.2600SELL 131.97
2020-08-282,118.4240BUY 133.79
2020-08-192,146.7540SELL 134.60
2020-08-142,121.3750BUY 133.81
2020-08-112,144.4780SELL 134.62
2020-08-032,143.6460BUY 135.38
2020-07-271,990.6470SELL 136.20
2020-07-202,142.4690BUY 147.47
2020-07-102,295.1210SELL 148.36
2020-06-302,025.7740BUY 131.74
2020-06-232,051.6990SELL 132.54
2020-06-181,994.5780BUY 129.63
2020-06-151,922.4550SELL 130.41
2020-06-011,840.2390BUY 125.59
2020-05-181,966.5470SELL 126.35
2020-05-082,019.3940BUY 130.53
2020-04-231,911.2375SELL 131.32
2020-04-161,884.2140BUY 130.24
2020-04-131,843.3790SELL 131.03
2020-03-252,006.8670BUY 143.51
2020-03-042,272.0040SELL 144.38
2020-02-171,952.5810BUY 124.83
2020-01-211,937.1600SELL 125.58
2020-01-131,876.8130BUY 122.40
2020-01-081,834.2920SELL 123.14
2019-12-311,782.2960BUY 120.37
2019-12-271,741.0230SELL 121.10
2019-12-251,728.5660BUY 120.96
2019-12-231,718.8940SELL 121.69
2019-11-271,610.1960BUY 114.68
2019-11-121,662.1550SELL 115.37
2019-11-041,724.9640BUY 120.45
2019-09-111,773.8155SELL 121.18
2019-09-031,588.0540BUY 109.14
2019-08-231,558.2210SELL 109.80
2019-08-151,480.2930BUY 104.94
2019-08-091,471.7060SELL 105.57
2019-07-241,515.7430BUY 109.39
2019-07-181,511.2770SELL 110.05
2019-07-151,514.9675BUY 110.98
2019-07-041,563.7730SELL 111.65
2019-06-211,520.8350BUY 109.24
2019-06-131,492.6310SELL 109.90
2019-06-031,468.9500BUY 108.81
2019-05-241,421.1180SELL 109.47
2019-05-211,463.7520BUY 113.43
2019-05-171,473.6550SELL 114.11
2019-05-101,471.4980BUY 114.63
2019-04-291,619.1440SELL 115.32
2019-03-291,586.8700BUY 113.70
2019-03-271,546.4020SELL 114.39
2019-03-191,633.4720BUY 121.56
2019-03-141,601.2910SELL 122.29
2019-03-111,672.8440BUY 128.53
2019-02-271,574.9300SELL 129.31
2019-02-011,203.4170BUY 99.40
† Trade commissions are taken as 0.60%.

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