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PSX
Index
fx
CSAP
PSX
Crescent Steel & Allied Products
SHORT
Close
102.97
Prev.Close
103.60
Change
-0.6300
Change%
-0.61%
BEARISH THREE OUTSIDE D...
Sold at
102.97
Open
103.51
High
104.60
Low
102.61
Close
102.97
0.00%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
PKR100⇨
25/08
102.97
SHORT
0.0%
101
31/07
107.70
BUY
-4.4%
❌
107
29/07
102.28
SHORT
+5.3%
❌
115
22/07
103.91
BUY
-1.6%
❌
118
20/07
103.27
SHORT
+0.6%
❌
121
13/07
109.04
BUY
-5.3%
❌
129
29/06
112.71
SELL
-3.3%
✔
130
10/06
97.24
BUY
+15.9%
✔ 👍
113
03/06
93.04
SELL
+4.5%
❌
114
20/05
90.05
BUY
+3.3%
✔
111
13/05
91.03
SHORT
-1.1%
✔
111
11/05
93.25
BUY
-2.4%
❌
116
20/04
106.52
SELL
-12.5%
✔
116
01/04
90.61
BUY
+17.6%
✔ 👍
100
30/03
89.74
SHORT
+1.0%
❌
102
24/03
86.04
BUY
+4.3%
✔
99
† Trade commissions are taken as 0.70%.
Date
Price
Signal
Change%
PKR100⇨
25/08
102.97
SHORT
0.0%
177
31/07
107.70
BUY
-4.4%
❌
188
29/07
102.28
SHORT
+5.3%
❌
202
22/07
103.91
BUY
-1.6%
❌
208
20/07
103.27
SHORT
+0.6%
❌
212
13/07
109.04
BUY
-5.3%
❌
227
29/06
112.71
SELL
-3.3%
✔
228
10/06
97.24
BUY
+15.9%
✔ 👍
198
03/06
93.04
SELL
+4.5%
❌
200
20/05
90.05
BUY
+3.3%
✔
195
13/05
91.03
SHORT
-1.1%
✔
195
11/05
93.25
BUY
-2.4%
❌
203
20/04
106.52
SELL
-12.5%
✔
204
01/04
90.61
BUY
+17.6%
✔ 👍
175
30/03
89.74
SHORT
+1.0%
❌
179
24/03
86.04
BUY
+4.3%
✔
174
03/02
133.95
SELL
-35.8%
✔
176
22/01
123.86
BUY
+8.1%
✔
164
14/01
117.82
SELL
+5.1%
❌
165
05/01
103.22
BUY
+14.1%
✔ 👍
145
17/12
103.51
SELL
-0.3%
✔
146
15/12
105.11
BUY
-1.5%
❌
150
11/12
102.45
SELL
+2.6%
❌
151
08/12
97.97
BUY
+4.6%
✔
145
11/11
97.30
SHORT
+0.7%
❌
148
28/10
101.02
BUY
-3.7%
❌
156
01/10
104.28
SHORT
-3.1%
✔
153
12/09
105.41
BUY
-1.1%
❌
157
30/07
110.30
SHORT
-4.4%
✔
153
22/07
109.90
BUY
+0.4%
✔
154
02/07
114.50
SELL
-4.0%
✔
155
30/06
113.12
BUY
+1.2%
✔
155
10/06
118.96
SELL
-4.9%
✔
156
03/06
120.74
BUY
-1.5%
❌
159
26/05
122.17
SELL
-1.2%
✔
160
22/05
122.25
BUY
-0.1%
❌
162
08/05
115.20
SHORT
+6.1%
❌
175
05/05
127.40
BUY
-9.6%
❌
196
28/04
128.61
SELL
-0.9%
✔
197
15/04
98.82
BUY
+30.2%
✔ 👍
153
18/03
105.58
SHORT
-6.4%
✔
145
10/03
106.38
BUY
-0.8%
❌
149
25/02
110.06
SELL
-3.3%
✔
150
14/02
112.16
BUY
-1.9%
❌
154
12/02
109.21
SELL
+2.7%
❌
155
10/02
110.16
BUY
-0.9%
❌
157
31/01
112.50
SHORT
-2.1%
✔
156
20/01
105.89
BUY
+6.2%
✔
149
06/01
118.66
SELL
-10.8%
✔
150
23/12
101.72
BUY
+16.7%
✔ 👍
129
13/12
101.45
SHORT
+0.3%
❌
132
05/12
102.44
BUY
-1.0%
❌
135
21/11
110.20
SHORT
-7.0%
✔
128
15/11
110.78
BUY
-0.5%
❌
130
07/11
113.27
SELL
-2.2%
✔
131
31/10
110.76
BUY
+2.3%
✔
129
22/10
124.24
SELL
-10.8%
✔
130
15/10
98.58
BUY
+26.0%
✔ 👍
104
10/10
94.03
SELL
+4.8%
❌
105
08/10
98.10
BUY
-4.1%
❌
110
04/10
89.34
SELL
+9.8%
❌
111
27/09
74.51
BUY
+19.9%
✔ 👍
93
16/09
74.46
SHORT
+0.1%
❌
94
12/09
77.27
BUY
-3.6%
❌
99
† Trade commissions are taken as 0.70%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
SHORT
. The
BEARISH THREE OUTSIDE DOWN
pattern has finally received confirmation because the prices crossed below the confirmation level at 103.52, and our valid average selling price now stands at 102.97. The previous
BUY
signal was issued on 31/07/2026, 25 days ago, when the stock price was 107.70. Since then,
CSAP
has fallen by
-4.39%
.
Market Outlook
The bears have substantial evidence supporting their case, prompting us to consider placing a bearish bet. 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
SHORT
signal is generated. Act on the signal and capitalize on the bearish sentiment before the opportunity fades.
SHORT
is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop-loss levels must be kept in mind at all times and
SHORT
orders must never be placed without a stop-loss.
Pattern Description
This is a confirmed Bearish Engulfing pattern. The first two candlesticks follow the classic Bearish Engulfing pattern, and the third day provides its confirmation.
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