Title
by Americanbulls.com LLC
Last Update
12/12/2019
ARZAN
الدولية للتمويل
Last Signal: SELL
Last Pattern: BEARISH HARAMI CROSS
Last Close:
23.4000
Change:
-0.3000
Percent change
-1.27%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HARAMI CROSS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 23.7000, and our valid average selling price stands now at 23.4000. The previous BUY signal was issued on 05/12/2019, 7 days ago, when the stock price was 23.8000. Since then ARZAN has fallen by -1.68%.
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 major bearish reversal pattern, which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman, as with the Bearish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. more...
Signal History
Date 
Price 
Signal 
 
KWD100⇨ 
12/12/201923.4000SELL 71.62
05/12/201923.8000BUY 73.05
28/11/201923.6000SELL 73.26
18/11/201923.6900BUY 73.75
06/11/201924.9000SELL 73.96
31/10/201928.0000BUY 83.40
29/10/201927.4700SELL 83.63
23/10/201927.4000BUY 83.65
14/10/201925.9000SELL 83.88
08/10/201926.4000BUY 85.74
02/10/201926.0000SELL 85.98
22/09/201925.8600BUY 85.76
28/08/201926.6000SELL 86.00
20/08/201927.7300BUY 89.91
28/07/201932.6000SELL 90.16
23/07/201934.9000BUY 96.79
18/07/201932.7000SELL 97.06
16/07/201932.7800BUY 97.57
14/07/201931.6000SELL 97.84
09/07/201931.6000BUY 98.11
07/07/201931.0300SELL 98.39
25/06/201931.3600BUY 99.72
† Trade commissions are taken as 0.28%.
Date 
Price 
Signal 
 
KWD100⇨ 
12/12/201923.4000SELL 89.17
05/12/201923.8000BUY 90.95
28/11/201923.6000SELL 91.21
18/11/201923.6900BUY 91.81
06/11/201924.9000SELL 92.07
31/10/201928.0000BUY 103.82
29/10/201927.4700SELL 104.11
23/10/201927.4000BUY 104.14
14/10/201925.9000SELL 104.43
08/10/201926.4000BUY 106.75
02/10/201926.0000SELL 107.05
22/09/201925.8600BUY 106.77
28/08/201926.6000SELL 107.07
20/08/201927.7300BUY 111.93
28/07/201932.6000SELL 112.24
23/07/201934.9000BUY 120.50
18/07/201932.7000SELL 120.84
16/07/201932.7800BUY 121.48
14/07/201931.6000SELL 121.82
09/07/201931.6000BUY 122.16
07/07/201931.0300SELL 122.50
25/06/201931.3600BUY 124.15
13/06/201932.2200SELL 124.50
27/05/201930.9000BUY 119.73
25/04/201934.7000SELL 120.07
21/03/201927.5400BUY 95.56
21/02/201929.2000SELL 95.83
04/02/201930.3000BUY 99.72
† Trade commissions are taken as 0.28%.
Date 
Price 
Signal 
 
KWD100⇨ 
12/12/201923.4000SELL 75.19
05/12/201923.8000BUY 76.69
28/11/201923.6000SELL 76.91
18/11/201923.6900BUY 77.42
06/11/201924.9000SELL 77.64
31/10/201928.0000BUY 87.55
29/10/201927.4700SELL 87.80
23/10/201927.4000BUY 87.82
14/10/201925.9000SELL 88.07
08/10/201926.4000BUY 90.02
02/10/201926.0000SELL 90.27
22/09/201925.8600BUY 90.04
28/08/201926.6000SELL 90.29
20/08/201927.7300BUY 94.39
28/07/201932.6000SELL 94.66
23/07/201934.9000BUY 101.62
18/07/201932.7000SELL 101.91
16/07/201932.7800BUY 102.45
14/07/201931.6000SELL 102.74
09/07/201931.6000BUY 103.03
07/07/201931.0300SELL 103.32
25/06/201931.3600BUY 104.71
13/06/201932.2200SELL 105.00
27/05/201930.9000BUY 100.98
25/04/201934.7000SELL 101.26
21/03/201927.5400BUY 80.59
21/02/201929.2000SELL 80.82
04/02/201930.3000BUY 84.10
03/04/201828.0000QUIT 84.34
11/03/201830.2600BUY 91.40
07/03/201829.7300SELL 91.66
01/03/201831.0300BUY 95.94
22/02/201830.7100SELL 96.21
01/02/201832.9900BUY 103.64
30/01/201832.4000SELL 103.93
25/12/201731.0000BUY 99.72
† Trade commissions are taken as 0.28%.

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