Title
by Americanbulls.com LLC
Last Update
2022-08-12
600392
SHENGHE RESOURCES HOLDING A
Last Signal: SELL
Last Pattern: BEARISH MATCHING HIGH
Last Close:
19.9900
Change:
-0.3200
Percent change
-1.58%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MATCHING HIGH pattern finally received a confirmation because the prices crossed below the confirmation level which was at 20.0250, and our valid average selling price stands now at 19.9900. The previous BUY signal was issued on 2022-08-08, 4 days ago, when the stock price was 20.0500. Since then 600392 has fallen by -0.30%.
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 occurs when two white days appear with equal closes in an uptrend. It indicates a top has been reached, even though the new high was tested and there was no follow through, which is indicative of a good resistance price. more...
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2022-08-1219.9900SELL 119.06
2022-08-0820.0500BUY 120.14
2022-07-2920.8800SELL 120.87
2022-07-2720.7300BUY 120.73
2022-07-2519.7700SELL 121.46
2022-07-1921.0100BUY 129.86
2022-07-1520.4400SELL 130.64
2022-07-1320.7400BUY 133.36
2022-07-0621.7600SELL 134.17
2022-07-0422.3300BUY 138.52
2022-06-2921.0800SELL 139.36
2022-06-2321.3500BUY 142.00
2022-06-2120.5900SELL 142.86
2022-06-0217.7800BUY 124.11
2022-05-2617.5400SELL 124.86
2022-04-2713.7550BUY 98.51
2022-03-2416.9200SELL 99.10
2022-03-1716.8700BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2022-08-1219.9900SELL 156.85
2022-08-0820.0500BUY 158.27
2022-07-2920.8800SELL 159.23
2022-07-2720.7300BUY 159.04
2022-07-2519.7700SELL 160.00
2022-07-1921.0100BUY 171.06
2022-07-1520.4400SELL 172.09
2022-07-1320.7400BUY 175.67
2022-07-0621.7600SELL 176.73
2022-07-0422.3300BUY 182.45
2022-06-2921.0800SELL 183.55
2022-06-2321.3500BUY 187.02
2022-06-2120.5900SELL 188.15
2022-06-0217.7800BUY 163.45
2022-05-2617.5400SELL 164.44
2022-04-2713.7550BUY 129.73
2022-03-2416.9200SELL 130.51
2022-03-1716.8700BUY 130.91
2022-03-0319.1300SELL 131.70
2022-02-0717.1800BUY 118.99
2022-01-1818.5600SELL 119.71
2022-01-1218.9050BUY 122.67
2022-01-0519.1900SELL 123.41
2021-12-3119.6200BUY 126.94
2021-12-1720.5600SELL 127.71
2021-12-1021.7000BUY 135.61
2021-12-0122.0600SELL 136.43
2021-11-1819.7800BUY 123.07
2021-11-1020.3750SELL 123.81
2021-11-0419.6800BUY 120.31
2021-10-2820.8800SELL 121.04
2021-10-1519.3400BUY 112.79
2021-09-1626.2100SELL 113.47
2021-09-0723.7000BUY 103.22
2021-09-0324.1400SELL 103.84
2021-08-2022.9700BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2022-08-1219.9900SELL 775.09
2022-08-0820.0500BUY 782.11
2022-07-2920.8800SELL 786.83
2022-07-2720.7300BUY 785.89
2022-07-2519.7700SELL 790.63
2022-07-1921.0100BUY 845.29
2022-07-1520.4400SELL 850.39
2022-07-1320.7400BUY 868.08
2022-07-0621.7600SELL 873.32
2022-07-0422.3300BUY 901.61
2022-06-2921.0800SELL 907.05
2022-06-2321.3500BUY 924.21
2022-06-2120.5900SELL 929.79
2022-06-0217.7800BUY 807.74
2022-05-2617.5400SELL 812.62
2022-04-2713.7550BUY 641.11
2022-03-2416.9200SELL 644.98
2022-03-1716.8700BUY 646.96
2022-03-0319.1300SELL 650.87
2022-02-0717.1800BUY 588.05
2022-01-1818.5600SELL 591.60
2022-01-1218.9050BUY 606.23
2022-01-0519.1900SELL 609.89
2021-12-3119.6200BUY 627.32
2021-12-1720.5600SELL 631.11
2021-12-1021.7000BUY 670.12
2021-12-0122.0600SELL 674.16
2021-11-1819.7800BUY 608.13
2021-11-1020.3750SELL 611.80
2021-11-0419.6800BUY 594.50
2021-10-2820.8800SELL 598.09
2021-10-1519.3400BUY 557.32
2021-09-1626.2100SELL 560.68
2021-09-0723.7000BUY 510.05
2021-09-0324.1400SELL 513.13
2021-08-2022.9700BUY 491.21
2021-08-1225.9200SELL 494.18
2021-08-0425.5400BUY 489.87
2021-07-2724.1200SELL 492.83
2021-07-0517.4700BUY 359.11
2021-07-0116.7800SELL 361.28
2021-06-1816.2900BUY 352.85
2021-06-0818.6300SELL 354.98
2021-05-2615.7300BUY 301.53
2021-05-1316.5400SELL 303.35
2021-05-0716.8000BUY 309.98
2021-04-2617.0000SELL 311.85
2021-04-2017.0750BUY 315.12
2021-04-0217.0400SELL 317.02
2021-03-2615.3700BUY 287.68
2021-03-0821.2300SELL 289.42
2021-03-0422.7100BUY 311.47
2021-02-2423.6650SELL 313.35
2020-12-318.6000BUY 114.56
2020-12-298.7400SELL 115.25
2020-12-218.5500BUY 113.43
2020-12-038.8400SELL 114.11
2020-11-036.7200BUY 87.27
2020-10-147.1500SELL 87.80
2020-10-097.0350BUY 86.91
2020-09-167.4800SELL 87.43
2020-09-117.5200BUY 88.43
2020-09-027.6200SELL 88.96
2020-08-287.6900BUY 90.32
2020-08-198.2500SELL 90.87
2020-08-178.9700BUY 99.40
† Trade commissions are taken as 0.60%.

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