Title
by Americanbulls.com LLC
Last Update
17/01/2019
ALMADINA
المدينة للتمويل والاستثمار
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
24.6000
Change:
-0.3000
Percent change
-1.20%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 24.9000, and our valid average selling price stands now at 24.6800. The previous BUY signal was issued on 02/01/2019, 15 days ago, when the stock price was 21.4000. Since then ALMADINA has risen by +15.33%.
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 is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
KWD100⇨ 
17/01/201924.6800SELL 103.77
02/01/201921.4000BUY 90.23
13/11/201823.6400SELL 90.48
31/10/201822.1400BUY 84.98
09/10/201825.4000SELL 85.22
07/10/201825.3200BUY 85.19
09/09/201826.4700SELL 85.43
03/09/201828.0000BUY 90.62
30/08/201826.7500SELL 90.87
14/08/201827.9400BUY 95.18
02/08/201827.2600SELL 95.45
25/07/201828.4000BUY 99.72
† Trade commissions are taken as 0.28%.
Date 
Price 
Signal 
 
KWD100⇨ 
17/01/201924.6800SELL 89.71
02/01/201921.4000BUY 78.01
13/11/201823.6400SELL 78.23
31/10/201822.1400BUY 73.47
09/10/201825.4000SELL 73.68
07/10/201825.3200BUY 73.65
09/09/201826.4700SELL 73.86
03/09/201828.0000BUY 78.35
30/08/201826.7500SELL 78.57
14/08/201827.9400BUY 82.30
02/08/201827.2600SELL 82.53
25/07/201828.4000BUY 86.22
19/04/201828.8000QUIT 86.46
26/03/201830.0000SELL 86.46
15/03/201832.1900BUY 93.03
19/02/201833.6700SELL 93.29
12/02/201835.8900BUY 99.72
† Trade commissions are taken as 0.28%.
Date 
Price 
Signal 
 
KWD100⇨ 
17/01/201924.6800SELL 73.51
02/01/201921.4000BUY 63.92
13/11/201823.6400SELL 64.10
31/10/201822.1400BUY 60.20
09/10/201825.4000SELL 60.37
07/10/201825.3200BUY 60.35
09/09/201826.4700SELL 60.52
03/09/201828.0000BUY 64.20
30/08/201826.7500SELL 64.38
14/08/201827.9400BUY 67.43
02/08/201827.2600SELL 67.62
25/07/201828.4000BUY 70.65
19/04/201828.8000QUIT 70.85
26/03/201830.0000SELL 70.85
15/03/201832.1900BUY 76.24
19/02/201833.6700SELL 76.45
12/02/201835.8900BUY 81.72
04/02/201838.9000SELL 81.95
21/12/201735.4300BUY 74.85
11/12/201735.6400SELL 75.06
07/12/201737.3500BUY 78.88
22/11/201737.3500SELL 79.10
15/11/201739.2600BUY 83.38
23/10/201744.7000SELL 83.61
18/09/201745.8400BUY 85.98
13/09/201745.4000SELL 86.22
11/09/201745.9900BUY 87.59
09/07/201745.0000QUIT 87.84
05/07/201747.1000BUY 92.20
02/07/201746.6000SELL 92.46
19/06/201750.3000BUY 100.08
24/05/201748.5100SELL 100.36
11/05/201745.9500BUY 95.33
02/05/201748.5000SELL 95.60
30/04/201750.0000BUY 98.83
13/04/201753.4600SELL 99.11
02/04/201753.5200BUY 99.50
27/03/201754.4300SELL 99.78
12/03/201751.5000BUY 94.67
21/02/201757.4100SELL 94.94
08/02/201761.5700BUY 102.10
05/02/201761.3600SELL 102.39
01/02/201759.5900BUY 99.72
† Trade commissions are taken as 0.28%.

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