ADIB.CA (EGX)

ADIB.CA EGX

Abu Dhabi Islamic Bank Egypt

SELL

42.50

Prev.Close

44.00

Change

-1.5000

Change%

-3.41%

BEARISH THREE GAP UPS

Sold at

42.76

Open

44.10

High

44.97

Low

42.00

42.50

Gain%

-0.61%

Signal History

Date	Price	Signal	Change%		EGP100⇨
02/19	42.76	SELL	-0.6%		200
02/16	40.18	BUY	+6.4%	✔	188
02/10	38.79	SELL	+3.6%	❌	189
01/08	28.89	BUY	+34.3%	✔ 👍	141
01/05	28.87	SELL	+0.1%	❌	142
12/31	29.76	BUY	-3.0%	❌	147
12/28	29.40	SELL	+1.2%	❌	147
12/24	29.70	BUY	-1.0%	❌	149
12/15	28.80	SELL	+3.1%	❌	150
11/27	24.20	BUY	+19.0%	✔ 👍	126
11/24	24.77	SELL	-2.3%	✔	127
11/11	23.20	BUY	+6.8%	✔	119
11/06	22.56	SELL	+2.8%	❌	120
10/30	22.68	BUY	-0.5%	❌	121
10/28	21.71	SELL	+4.4%	❌	121
09/18	17.82	BUY	+21.9%	✔ 👍	100

† Trade commissions are taken as 0.35%.

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 43.00, and our valid average selling price now stands at 42.76. The previous BUY signal was issued on 2026/02/16, 3 days ago, when the stock price was 40.18. Since then, ADIB.CA has risen by +6.42%.

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. more...

Date	Price	Signal	Change%		EGP100⇨
02/19	42.76	SELL	-0.6%		335
02/16	40.18	BUY	+6.4%	✔	316
02/10	38.79	SELL	+3.6%	❌	317
01/08	28.89	BUY	+34.3%	✔ 👍	237
01/05	28.87	SELL	+0.1%	❌	238
12/31	29.76	BUY	-3.0%	❌	246
12/28	29.40	SELL	+1.2%	❌	247
12/24	29.70	BUY	-1.0%	❌	250
12/15	28.80	SELL	+3.1%	❌	251
11/27	24.20	BUY	+19.0%	✔ 👍	212
11/24	24.77	SELL	-2.3%	✔	213
11/11	23.20	BUY	+6.8%	✔	200
11/06	22.56	SELL	+2.8%	❌	201
10/30	22.68	BUY	-0.5%	❌	202
10/28	21.71	SELL	+4.4%	❌	203
09/18	17.82	BUY	+21.9%	✔ 👍	167
08/19	19.66	SELL	-9.4%	✔	168
08/17	20.09	BUY	-2.1%	❌	172
08/13	19.94	SELL	+0.8%	❌	173
08/04	20.90	BUY	-4.6%	❌	182
07/22	20.79	SELL	+0.5%	❌	182
07/14	19.86	BUY	+4.7%	✔	175
07/09	20.02	SELL	-0.8%	✔	175
06/24	19.81	BUY	+1.1%	✔	174
06/16	19.33	SELL	+2.5%	❌	175
06/11	20.94	BUY	-7.7%	❌	190
06/04	19.75	SELL	+6.0%	❌	191
05/21	17.51	BUY	+12.8%	✔ 👍	170
05/18	17.45	SELL	+0.4%	❌	170
05/12	17.31	BUY	+0.8%	✔	169
05/04	17.94	SELL	-3.5%	✔	170
04/27	18.14	BUY	-1.1%	❌	172
04/17	18.02	SELL	+0.7%	❌	173
04/13	17.74	BUY	+1.6%	✔	171
04/03	18.62	SELL	-4.7%	✔	172
03/13	18.20	BUY	+2.3%	✔	168
02/27	18.19	SELL	+0.1%	❌	169
02/24	17.89	BUY	+1.7%	✔	167
02/20	17.74	SELL	+0.9%	❌	167
02/17	17.18	BUY	+3.2%	✔	163