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TADAWUL
DFM-ADX
BOURSA KUWAIT
QE
EGX
Index
fx
SALAMA.DU
DFM-ADX
Islamic Arab Insurance Co PSC
SELL
Close
0.7980
Prev.Close
0.8110
Change
-0.0130
Change%
-1.60%
BEARISH THREE GAP UPS
Sold at
0.7990
Open
0.8110
High
0.8170
Low
0.7890
Close
0.7980
Gain%
-0.13%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
QAR100⇨
03/07
0.7990
SELL
-0.1%
164
25/05
0.6580
BUY
+21.4%
✔ 👍
135
08/05
0.7000
SELL
-6.0%
✔
136
28/04
0.5420
BUY
+29.2%
✔ 👍
105
21/04
0.5470
SELL
-0.9%
✔
106
10/04
0.5290
BUY
+3.4%
✔
103
24/03
0.5170
SELL
+2.3%
❌
103
18/03
0.5280
BUY
-2.1%
❌
105
23/01
0.8360
SELL
-36.8%
✔
106
19/01
0.7869
BUY
+6.2%
✔
100
† Trade commissions are taken as 0.28%.
Date
Price
Signal
Change%
QAR100⇨
03/07
0.7990
SELL
-0.1%
175
25/05
0.6580
BUY
+21.4%
✔ 👍
144
08/05
0.7000
SELL
-6.0%
✔
145
28/04
0.5420
BUY
+29.2%
✔ 👍
112
21/04
0.5470
SELL
-0.9%
✔
113
10/04
0.5290
BUY
+3.4%
✔
109
24/03
0.5170
SELL
+2.3%
❌
110
18/03
0.5280
BUY
-2.1%
❌
112
23/01
0.8360
SELL
-36.8%
✔
113
19/01
0.7869
BUY
+6.2%
✔
106
30/12
0.7895
SELL
-0.3%
✔
107
22/12
0.7683
BUY
+2.8%
✔
104
28/11
0.8069
SELL
-4.8%
✔
104
25/11
0.8075
BUY
-0.1%
❌
105
20/11
0.8002
SELL
+0.9%
❌
105
18/11
0.7880
BUY
+1.5%
✔
104
14/11
0.7664
SELL
+2.8%
❌
104
06/11
0.7664
BUY
0.0%
❌
104
16/10
0.8170
SELL
-6.2%
✔
105
13/10
0.7800
BUY
+4.7%
✔
100
09/10
0.7721
SELL
+1.0%
❌
100
07/10
0.7782
BUY
-0.8%
❌
101
23/09
0.7742
SELL
+0.5%
❌
102
18/09
0.7850
BUY
-1.4%
❌
103
10/09
0.7972
SELL
-1.5%
✔
104
04/09
0.8403
BUY
-5.1%
❌
110
26/08
0.8466
SELL
-0.7%
✔
110
21/08
0.8427
BUY
+0.5%
✔
110
01/08
0.8534
SELL
-1.3%
✔
110
18/07
0.8094
BUY
+5.4%
✔
105
15/07
0.7975
SELL
+1.5%
❌
105
04/07
0.7947
BUY
+0.4%
✔
105
30/06
0.7858
SELL
+1.1%
❌
105
20/06
0.7858
BUY
0.0%
❌
105
11/06
0.7625
SELL
+3.1%
❌
106
27/05
0.7392
BUY
+3.2%
✔
103
14/05
0.7508
SELL
-1.5%
✔
103
09/05
0.7644
BUY
-1.8%
❌
105
28/04
0.7664
SELL
-0.3%
✔
106
15/04
0.7430
BUY
+3.1%
✔
103
27/03
0.7546
SELL
-1.5%
✔
103
12/03
0.7761
BUY
-2.8%
❌
106
07/02
0.8403
SELL
-7.6%
✔
106
27/01
0.8267
BUY
+1.6%
✔
105
20/01
0.8170
SELL
+1.2%
❌
105
08/01
0.8072
BUY
+1.2%
✔
104
31/12
0.8185
SELL
-1.4%
✔
105
24/12
0.8075
BUY
+1.4%
✔
104
19/12
0.7846
SELL
+2.9%
❌
104
16/12
0.8015
BUY
-2.1%
❌
106
10/12
0.8263
SELL
-3.0%
✔
107
29/11
0.7734
BUY
+6.8%
✔
100
22/11
0.7567
SELL
+2.2%
❌
100
15/11
0.7625
BUY
-0.8%
❌
101
12/11
0.7217
SELL
+5.7%
❌
102
06/11
0.7312
BUY
-1.3%
❌
103
01/11
0.7237
SELL
+1.0%
❌
104
09/10
0.7126
BUY
+1.6%
✔
102
25/09
0.7354
SELL
-3.1%
✔
103
18/09
0.7488
BUY
-1.8%
❌
105
12/09
0.7489
SELL
0.0%
✔
105
19/08
0.7107
BUY
+5.4%
✔
100
31/07
0.7373
SELL
-3.6%
✔
100
18/07
0.7312
BUY
+0.8%
✔
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
SELL
. The
BEARISH THREE GAP UPS
pattern has finally received confirmation because the prices crossed below the confirmation level at 0.8030, and our valid average selling price now stands at 0.7990. The previous
BUY
signal was issued on 25/05/2026, 39 days ago, when the stock price was 0.6580. Since then,
SALAMA.DU
has risen by
+21.43%
.
Market Outlook
We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <
SELL
signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.
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.
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