Title
by Americanbulls.com LLC
Last Update
16/01/2019
ORAS.CA
أوراسكوم للإنشاءات المحدودة
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
117.5100
Change:
-0.0900
Percent change
-0.08%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 118.0400, and our valid average selling price stands now at 117.5100. The previous BUY signal was issued on 11/12/2018, 36 days ago, when the stock price was 109.6700. Since then ORAS.CA has risen by +7.15%.
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 pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
EGP100⇨ 
16/01/2019117.5100SELL 99.85
11/12/2018109.6700BUY 93.52
26/11/2018110.4300SELL 93.85
18/11/2018111.7200BUY 95.28
11/11/2018116.4400SELL 95.61
30/10/2018113.4400BUY 93.47
28/10/2018110.9800SELL 93.80
17/10/2018112.4850BUY 95.41
09/09/2018144.9750SELL 95.75
19/08/2018145.6900BUY 96.56
12/08/2018146.4100SELL 96.90
08/08/2018150.0400BUY 99.65
† Trade commissions are taken as 0.35%.
Date 
Price 
Signal 
 
EGP100⇨ 
16/01/2019117.5100SELL 111.25
11/12/2018109.6700BUY 104.19
26/11/2018110.4300SELL 104.56
18/11/2018111.7200BUY 106.15
11/11/2018116.4400SELL 106.52
30/10/2018113.4400BUY 104.14
28/10/2018110.9800SELL 104.51
17/10/2018112.4850BUY 106.30
09/09/2018144.9750SELL 106.67
19/08/2018145.6900BUY 107.57
12/08/2018146.4100SELL 107.95
08/08/2018150.0400BUY 111.02
06/08/2018146.9300SELL 111.41
28/06/2018144.2800BUY 109.78
23/05/2018163.1050SELL 110.17
15/05/2018163.1300BUY 110.57
29/04/2018161.4700SELL 110.96
17/04/2018160.6200BUY 110.76
12/04/2018159.2000SELL 111.15
27/02/2018147.3200BUY 103.22
06/02/2018152.9300SELL 103.58
24/01/2018146.6100BUY 99.65
† Trade commissions are taken as 0.35%.
Date 
Price 
Signal 
 
EGP100⇨ 
16/01/2019117.5100SELL 133.24
11/12/2018109.6700BUY 124.79
26/11/2018110.4300SELL 125.23
18/11/2018111.7200BUY 127.14
11/11/2018116.4400SELL 127.59
30/10/2018113.4400BUY 124.74
28/10/2018110.9800SELL 125.18
17/10/2018112.4850BUY 127.32
09/09/2018144.9750SELL 127.77
19/08/2018145.6900BUY 128.85
12/08/2018146.4100SELL 129.30
08/08/2018150.0400BUY 132.97
06/08/2018146.9300SELL 133.44
28/06/2018144.2800BUY 131.49
23/05/2018163.1050SELL 131.95
15/05/2018163.1300BUY 132.43
29/04/2018161.4700SELL 132.90
17/04/2018160.6200BUY 132.66
12/04/2018159.2000SELL 133.13
27/02/2018147.3200BUY 123.63
06/02/2018152.9300SELL 124.06
24/01/2018146.6100BUY 119.35
24/12/2017144.5500SELL 119.77
10/12/2017144.0750BUY 119.80
04/12/2017146.0200SELL 120.22
27/11/2017136.4900BUY 112.77
22/11/2017132.4700SELL 113.17
20/11/2017133.3200BUY 114.30
07/11/2017131.4700SELL 114.70
24/10/2017129.0100BUY 112.95
10/10/2017132.6800SELL 113.35
27/09/2017124.6300BUY 106.85
24/09/2017122.5100SELL 107.23
12/09/2017109.9000BUY 96.53
28/08/2017108.5600SELL 96.87
17/08/2017115.3800BUY 103.32
14/08/2017114.5400SELL 103.68
06/08/2017118.6100BUY 107.74
01/08/2017119.0200SELL 108.12
26/07/2017120.9900BUY 110.30
19/07/2017119.9900SELL 110.69
17/07/2017125.6300BUY 116.30
12/07/2017123.1900SELL 116.71
10/07/2017123.9800BUY 117.87
03/07/2017122.7800SELL 118.28
18/06/2017116.4400BUY 112.57
01/06/2017116.8600SELL 112.97
17/05/2017106.4200BUY 103.24
11/05/2017107.4400SELL 103.60
13/04/2017101.1500BUY 97.88
06/04/201799.0000SELL 98.22
04/04/201799.9000BUY 99.46
27/03/201799.5900SELL 99.81
23/03/201799.8500BUY 100.42
21/03/201797.6000SELL 100.77
15/03/201793.0300BUY 96.39
08/03/201792.7300SELL 96.73
06/03/201791.3900BUY 95.67
27/02/201787.9100SELL 96.01
21/02/201790.9200BUY 99.65
† Trade commissions are taken as 0.35%.

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