Title
by Americanbulls.com LLC
Last Update
05/07/2022
UDCD.QA
المتحدة للتنمية
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
1.3790
Change:
-0.0130
Percent change
-0.93%
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 1.3920, and our valid average selling price stands now at 1.3870. The previous BUY signal was issued on 26/06/2022, 9 days ago, when the stock price was 1.3740. Since then UDCD.QA has risen by +0.95%.
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 
 
QAR100⇨ 
05/07/20221.3870SELL 88.45
26/06/20221.3740BUY 87.87
12/06/20221.4800SELL 88.12
05/06/20221.4650BUY 87.47
31/05/20221.4410SELL 87.72
29/05/20221.4500BUY 88.52
25/05/20221.4350SELL 88.77
16/05/20221.4750BUY 91.50
19/04/20221.4880SELL 91.76
14/04/20221.4950BUY 92.45
11/04/20221.4915SELL 92.71
04/04/20221.4840BUY 92.50
28/03/20221.5215SELL 92.76
22/03/20221.5140BUY 92.56
13/03/20221.6080SELL 92.82
09/03/20221.6920BUY 97.94
02/03/20221.6530SELL 98.22
23/02/20221.6660BUY 99.27
20/02/20221.6650SELL 99.55
16/02/20221.6800BUY 100.73
10/02/20221.7065SELL 101.01
01/02/20221.6800BUY 99.72
† Trade commissions are taken as 0.28%.
Date 
Price 
Signal 
 
QAR100⇨ 
05/07/20221.3870SELL 100.93
26/06/20221.3740BUY 100.26
12/06/20221.4800SELL 100.54
05/06/20221.4650BUY 99.80
31/05/20221.4410SELL 100.08
29/05/20221.4500BUY 100.99
25/05/20221.4350SELL 101.27
16/05/20221.4750BUY 104.38
19/04/20221.4880SELL 104.67
14/04/20221.4950BUY 105.46
11/04/20221.4915SELL 105.76
04/04/20221.4840BUY 105.52
28/03/20221.5215SELL 105.82
22/03/20221.5140BUY 105.59
13/03/20221.6080SELL 105.89
09/03/20221.6920BUY 111.73
02/03/20221.6530SELL 112.04
23/02/20221.6660BUY 113.24
20/02/20221.6650SELL 113.56
16/02/20221.6800BUY 114.90
10/02/20221.7065SELL 115.22
01/02/20221.6800BUY 113.75
27/01/20221.6740SELL 114.07
03/01/20221.5715BUY 107.39
30/12/20211.5750SELL 107.69
28/12/20211.5860BUY 108.75
20/12/20211.6095SELL 109.06
01/12/20211.5300BUY 103.96
09/11/20211.6100SELL 104.25
03/11/20211.5510BUY 100.71
24/10/20211.5970SELL 100.99
12/10/20211.5410BUY 97.72
04/10/20211.5320SELL 97.99
27/09/20211.5230BUY 97.69
16/09/20211.5350SELL 97.96
30/08/20211.5250BUY 97.60
23/08/20211.5120SELL 97.87
18/08/20211.5150BUY 98.34
12/08/20211.5000SELL 98.62
09/08/20211.5380BUY 101.40
05/08/20211.4990SELL 101.68
01/08/20211.4660BUY 99.72
† Trade commissions are taken as 0.28%.
Date 
Price 
Signal 
 
QAR100⇨ 
05/07/20221.3870SELL 170.54
26/06/20221.3740BUY 169.42
12/06/20221.4800SELL 169.90
05/06/20221.4650BUY 168.65
31/05/20221.4410SELL 169.12
29/05/20221.4500BUY 170.65
25/05/20221.4350SELL 171.13
16/05/20221.4750BUY 176.39
19/04/20221.4880SELL 176.89
14/04/20221.4950BUY 178.22
11/04/20221.4915SELL 178.72
04/04/20221.4840BUY 178.32
28/03/20221.5215SELL 178.82
22/03/20221.5140BUY 178.44
13/03/20221.6080SELL 178.94
09/03/20221.6920BUY 188.82
02/03/20221.6530SELL 189.35
23/02/20221.6660BUY 191.38
20/02/20221.6650SELL 191.92
16/02/20221.6800BUY 194.19
10/02/20221.7065SELL 194.74
01/02/20221.6800BUY 192.25
27/01/20221.6740SELL 192.79
03/01/20221.5715BUY 181.49
30/12/20211.5750SELL 182.00
28/12/20211.5860BUY 183.79
20/12/20211.6095SELL 184.31
01/12/20211.5300BUY 175.70
09/11/20211.6100SELL 176.19
03/11/20211.5510BUY 170.21
24/10/20211.5970SELL 170.69
12/10/20211.5410BUY 165.17
04/10/20211.5320SELL 165.63
27/09/20211.5230BUY 165.12
16/09/20211.5350SELL 165.58
30/08/20211.5250BUY 164.96
23/08/20211.5120SELL 165.42
18/08/20211.5150BUY 166.21
12/08/20211.5000SELL 166.68
09/08/20211.5380BUY 171.38
05/08/20211.4990SELL 171.86
01/08/20211.4660BUY 168.55
26/07/20211.4700SELL 169.02
01/07/20211.4600BUY 168.34
03/06/20211.5820SELL 168.81
31/05/20211.5820BUY 169.28
22/04/20211.6550SELL 169.76
15/04/20211.6400BUY 168.69
12/04/20211.6290SELL 169.16
28/03/20211.5410BUY 160.47
11/03/20211.5630SELL 160.92
28/02/20211.5035BUY 155.23
11/02/20211.6100SELL 155.67
07/02/20211.5790BUY 153.10
03/02/20211.5600SELL 153.53
13/01/20211.5860BUY 156.53
06/01/20211.6500SELL 156.97
04/01/20211.6675BUY 159.08
24/12/20201.6980SELL 159.53
20/12/20201.7220BUY 162.24
14/12/20201.7220SELL 162.70
09/12/20201.7370BUY 164.58
10/11/20201.6325SELL 165.04
03/11/20201.4930BUY 151.36
15/10/20201.8200SELL 151.78
13/10/20201.8240BUY 152.54
04/10/20201.8540SELL 152.97
20/09/20201.6250BUY 134.45
15/09/20201.6030SELL 134.83
30/08/20201.2190BUY 102.82
26/08/20201.2050SELL 103.11
23/08/20201.1910BUY 102.20
19/08/20201.1840SELL 102.49
11/08/20201.1630BUY 100.95
29/07/20201.1720SELL 101.23
27/07/20201.1690BUY 101.25
21/07/20201.1660SELL 101.53
05/07/20201.1420BUY 99.72
† Trade commissions are taken as 0.28%.

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