BKMT (BOURSA KUWAIT)

BKMT BOURSA KUWAIT

MAIN MARKET INDEX - MARKET CAP WEIGHTED (TR)

STAY LONG

10187

Prev.Close

10064

Change

+123.0000

Change%

+1.22%

BEARISH THREE GAP UPS

Bought at

9693.09

Open

10115

High

10216

Low

10101

10187

Gain%

+5.10%

Signal History

Date	Price	Signal	Change%		KWD100⇨
22/06	9693	BUY	+5.1%	✔	110
18/06	9661	SELL	+0.3%	❌	110
11/06	9882	BUY	-2.2%	❌	113
03/06	9731	SELL	+1.5%	❌	113
01/06	9809	BUY	-0.8%	❌	114
20/05	9778	SELL	+0.3%	❌	115
11/05	9705	BUY	+0.7%	✔	114
27/04	10078	SELL	-3.7%	✔	115
08/04	9522	BUY	+5.8%	✔	109
03/04	9797	SELL	-2.8%	✔	109
20/03	9902	BUY	-1.1%	❌	110
13/03	10061	SELL	-1.6%	✔	111
03/03	10053	BUY	+0.1%	✔	111
23/02	10048	SELL	+0.1%	❌	111
24/12	8987	BUY	+11.8%	✔ 👍	100

† Trade commissions are taken as 0.28%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 22/06/2025, 3 days ago, when the index value was 9693. Since then, BKMT has risen by +5.10%.

Market Outlook

Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		KWD100⇨
22/06	9693	BUY	+5.1%	✔	111
18/06	9661	SELL	+0.3%	❌	112
11/06	9882	BUY	-2.2%	❌	115
03/06	9731	SELL	+1.5%	❌	115
01/06	9809	BUY	-0.8%	❌	116
20/05	9778	SELL	+0.3%	❌	116
11/05	9705	BUY	+0.7%	✔	116
27/04	10078	SELL	-3.7%	✔	116
08/04	9522	BUY	+5.8%	✔	110
03/04	9797	SELL	-2.8%	✔	110
20/03	9902	BUY	-1.1%	❌	112
13/03	10061	SELL	-1.6%	✔	112
03/03	10053	BUY	+0.1%	✔	112
23/02	10048	SELL	+0.1%	❌	113
24/12	8987	BUY	+11.8%	✔ 👍	101
18/12	8977	SELL	+0.1%	❌	101
09/12	9004	BUY	-0.3%	❌	102
04/12	8966	SELL	+0.4%	❌	102
02/12	8940	BUY	+0.3%	✔	102
21/11	9040	SELL	-1.1%	✔	103
06/11	8792	BUY	+2.8%	✔	100
04/11	8717	SELL	+0.9%	❌	100
31/10	8798	BUY	-0.9%	❌	102
28/10	8703	SELL	+1.1%	❌	102
24/10	8691	BUY	+0.1%	✔	102
21/10	8689	SELL	0.0%	❌	102
09/10	8530	BUY	+1.9%	✔	101
06/10	8406	SELL	+1.5%	❌	101
01/10	8487	BUY	-1.0%	❌	102
26/09	8458	SELL	+0.3%	❌	103
22/09	8350	BUY	+1.3%	✔	102
17/09	8329	SELL	+0.3%	❌	102
12/09	8399	BUY	-0.8%	❌	103
10/09	8329	SELL	+0.8%	❌	103
08/09	8271	BUY	+0.7%	✔	103
04/09	8173	SELL	+1.2%	❌	103
21/08	8150	BUY	+0.3%	✔	103
18/08	8099	SELL	+0.6%	❌	103
14/08	8073	BUY	+0.3%	✔	103
12/08	8034	SELL	+0.5%	❌	104