Title
by Americanbulls.com LLC
Last Update
2019-07-18
600311
RONGHUA IND A
Last Signal: SELL
Last Pattern: BEARISH ONE BLACK CROW
Last Close:
4.2800
Change:
-0.0100
Percent change
-0.23%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ONE BLACK CROW pattern finally received a confirmation because the prices crossed below the confirmation level which was at 4.3200, and our valid average selling price stands now at 4.3000. The previous BUY signal was issued on 2019-07-11, 7 days ago, when the stock price was 4.3500. Since then 600311 has fallen by -1.15%.
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 appears in an uptrend and consists of a white candlestick and a black candlestick in which the black candlestick opens below the preceding day’s close and closes below its open. The pattern looks similar to the Bearish Harami pattern. The only difference is that the second day closes lower, which stops the engulfing of the black body by the preceding white body. more...
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2019-07-184.3000SELL 202.35
2019-07-114.3500BUY 205.94
2019-06-264.9400SELL 207.18
2019-05-283.5400BUY 149.36
2019-05-203.7900SELL 150.26
2019-05-083.6850BUY 146.98
2019-04-184.1900SELL 147.87
2019-04-013.7600BUY 133.50
2019-03-263.9800SELL 134.31
2019-03-183.8150BUY 129.52
2019-03-133.9300SELL 130.30
2019-02-112.9800BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-07-184.3000SELL 223.36
2019-07-114.3500BUY 227.32
2019-06-264.9400SELL 228.69
2019-05-283.5400BUY 164.87
2019-05-203.7900SELL 165.87
2019-05-083.6850BUY 162.25
2019-04-184.1900SELL 163.23
2019-04-013.7600BUY 147.36
2019-03-263.9800SELL 148.25
2019-03-183.8150BUY 142.96
2019-03-133.9300SELL 143.82
2019-02-112.9800BUY 109.71
2019-01-163.7800SELL 110.37
2019-01-103.8600BUY 113.39
2018-12-283.7800SELL 114.07
2018-12-263.9800BUY 120.83
2018-12-143.8900SELL 121.56
2018-12-064.0300BUY 126.70
2018-11-233.8800SELL 127.46
2018-11-133.4650BUY 114.51
2018-10-293.4700SELL 115.20
2018-10-172.7900BUY 93.18
2018-10-122.7400SELL 93.74
2018-10-102.9300BUY 100.84
2018-09-272.8750SELL 101.45
2018-09-192.8900BUY 102.59
2018-09-122.9500SELL 103.21
2018-09-042.9100BUY 102.43
2018-08-292.9400SELL 103.05
2018-08-272.9800BUY 105.08
2018-08-153.0800SELL 105.71
2018-08-083.0000BUY 103.59
2018-07-303.0800SELL 104.22
2018-07-232.9200BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-07-184.3000SELL 180.52
2019-07-114.3500BUY 183.72
2019-06-264.9400SELL 184.83
2019-05-283.5400BUY 133.25
2019-05-203.7900SELL 134.05
2019-05-083.6850BUY 131.12
2019-04-184.1900SELL 131.91
2019-04-013.7600BUY 119.09
2019-03-263.9800SELL 119.81
2019-03-183.8150BUY 115.54
2019-03-133.9300SELL 116.24
2019-02-112.9800BUY 88.67
2019-01-163.7800SELL 89.21
2019-01-103.8600BUY 91.65
2018-12-283.7800SELL 92.20
2018-12-263.9800BUY 97.66
2018-12-143.8900SELL 98.25
2018-12-064.0300BUY 102.40
2018-11-233.8800SELL 103.02
2018-11-133.4650BUY 92.56
2018-10-293.4700SELL 93.12
2018-10-172.7900BUY 75.32
2018-10-122.7400SELL 75.77
2018-10-102.9300BUY 81.51
2018-09-272.8750SELL 82.00
2018-09-192.8900BUY 82.93
2018-09-122.9500SELL 83.43
2018-09-042.9100BUY 82.80
2018-08-292.9400SELL 83.30
2018-08-272.9800BUY 84.94
2018-08-153.0800SELL 85.45
2018-08-083.0000BUY 83.73
2018-07-303.0800SELL 84.24
2018-07-232.9200BUY 80.35
2018-07-192.8900SELL 80.83
2018-07-102.9400BUY 82.72
2018-07-062.9000SELL 83.22
2018-06-262.9100BUY 84.01
2018-05-244.0700SELL 84.52
2018-05-214.1000BUY 85.66
2018-05-114.1800SELL 86.18
2018-05-074.2000BUY 87.12
2018-04-204.6600SELL 87.65
2018-04-124.9800BUY 94.23
2018-04-104.7900SELL 94.80
2018-03-234.4800BUY 89.20
2018-03-064.3600SELL 89.74
2018-03-024.5900BUY 95.04
2018-02-284.4700SELL 95.61
2018-02-134.3400BUY 93.39
2018-01-295.2100SELL 93.95
2018-01-235.2500BUY 95.24
2017-12-046.1900QUIT 95.81
2017-12-015.6300BUY 87.67
2017-11-025.3400SELL 88.20
2017-10-235.6100BUY 93.22
2017-10-165.7700SELL 93.78
2017-10-095.7000BUY 93.20
2017-09-255.7850SELL 93.76
2017-09-185.8900BUY 96.04
2017-09-075.7100SELL 96.62
2017-08-285.5800BUY 94.99
2017-08-235.5600SELL 95.56
2017-08-175.6800BUY 98.21
2017-08-115.7600SELL 98.80
2017-08-045.7600BUY 99.40
† Trade commissions are taken as 0.60%.

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