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TADAWUL
DFM-ADX
BOURSA KUWAIT
QE
EGX
Index
fx
MBEN.CA
EGX
MB for Engineering and Contracting
STAY LONG
Close
5.7700
Prev.Close
5.8900
Change
-0.1200
Change%
-2.04%
BEARISH THREE GAP UPS
Bought at
4.4450
Open
5.9000
High
5.9600
Low
5.5200
Close
5.7700
Gain%
+29.81%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
EGP100⇨
04/08
4.4450
BUY
+29.8%
✔
102
20/07
4.2500
SELL
+4.6%
❌
103
05/07
3.8200
BUY
+11.3%
✔ 👍
93
22/06
3.9000
SELL
-2.1%
✔
93
17/06
3.7900
BUY
+2.9%
✔
91
11/06
3.6200
SELL
+4.7%
❌
91
14/05
3.7000
BUY
-2.2%
❌
93
29/04
3.5700
SELL
+3.6%
❌
94
26/04
3.6800
BUY
-3.0%
❌
97
22/04
3.6500
SELL
+0.8%
❌
97
15/04
3.6800
BUY
-0.8%
❌
98
12/03
4.1100
SELL
-10.5%
✔
99
23/02
4.1400
BUY
-0.7%
❌
100
† Trade commissions are taken as 0.35%.
Date
Price
Signal
Change%
EGP100⇨
04/08
4.4450
BUY
+29.8%
✔
303
20/07
4.2500
SELL
+4.6%
❌
304
05/07
3.8200
BUY
+11.3%
✔ 👍
274
22/06
3.9000
SELL
-2.1%
✔
275
17/06
3.7900
BUY
+2.9%
✔
268
11/06
3.6200
SELL
+4.7%
❌
269
14/05
3.7000
BUY
-2.2%
❌
276
29/04
3.5700
SELL
+3.6%
❌
277
26/04
3.6800
BUY
-3.0%
❌
286
22/04
3.6500
SELL
+0.8%
❌
287
15/04
3.6800
BUY
-0.8%
❌
291
12/03
4.1100
SELL
-10.5%
✔
292
23/02
4.1400
BUY
-0.7%
❌
295
12/02
4.3700
SELL
-5.3%
✔
296
03/02
4.0550
BUY
+7.8%
✔
276
21/01
4.2100
SELL
-3.7%
✔
277
18/01
4.2500
BUY
-0.9%
❌
280
11/01
4.3300
SELL
-1.8%
✔
281
08/12
2.4700
BUY
+75.3%
✔ 👍
161
26/11
2.4400
SELL
+1.2%
❌
162
04/11
2.5800
BUY
-5.4%
❌
171
28/10
2.6000
SELL
-0.8%
✔
172
20/10
2.6500
BUY
-1.9%
❌
176
01/10
2.8500
SELL
-7.0%
✔
177
28/09
2.8350
BUY
+0.5%
✔
176
16/09
2.7900
SELL
+1.6%
❌
177
11/09
2.8200
BUY
-1.1%
❌
179
26/08
2.8800
SELL
-2.1%
✔
180
17/08
2.9350
BUY
-1.9%
❌
184
13/08
2.8650
SELL
+2.4%
❌
185
07/08
2.7550
BUY
+4.0%
✔
178
04/08
2.6500
SELL
+4.0%
❌
179
29/07
2.5900
BUY
+2.3%
✔
175
23/07
2.4600
SELL
+5.3%
❌
176
24/06
2.3100
BUY
+6.5%
✔
166
03/06
2.7700
SELL
-16.6%
✔
167
19/05
2.9000
BUY
-4.5%
❌
175
07/05
2.9700
SELL
-2.4%
✔
176
27/04
2.9400
BUY
+1.0%
✔
174
08/04
2.7000
SELL
+8.9%
❌
175
18/03
1.9700
BUY
+37.1%
✔ 👍
128
24/02
2.1100
SELL
-6.6%
✔
129
17/02
2.1500
BUY
-1.9%
❌
131
10/02
2.2150
SELL
-2.9%
✔
132
15/01
2.1500
BUY
+3.0%
✔
129
08/01
2.2400
SELL
-4.0%
✔
129
02/01
2.1600
BUY
+3.7%
✔
125
16/12
2.4400
SELL
-11.5%
✔
125
27/11
2.4100
BUY
+1.2%
✔
124
12/11
2.5750
SELL
-6.4%
✔
125
10/11
2.6000
BUY
-1.0%
❌
126
23/10
2.7600
SELL
-5.8%
✔
127
14/10
2.0500
BUY
+34.6%
✔ 👍
94
07/10
1.4600
SELL
+40.4%
❌
95
30/09
1.4800
BUY
-1.4%
❌
96
08/09
1.5000
SELL
-1.3%
✔
97
01/09
1.5400
BUY
-2.6%
❌
100
† Trade commissions are taken as 0.35%.
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 04/08/2026, 6 days ago, when the stock price was 4.4450. Since then,
MBEN.CA
has risen by
+29.81%
.
Market Outlook
The market is currently exhibiting uncertainty with a negative bias. There seems to be a lack of consensus among traders. The negative sentiment, however, is increasing, as evident from the latest bearish pattern. Therefore, it's wise to stay vigilant. The share price is still not below the confirmation level and the signal is suggesting to
STAY LONG
, but the chance of a bearish confirmation that will change the signal to <
SELL
is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements due to the potential downside risks involved.
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...
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