Title
by Americanbulls.com LLC
Last Update
16/04/2021
GATM
GUL AHMED TEXTILE MILLS
Last Signal: BUY
Last Pattern: BULLISH ENGULFING
Last Close:
49.5500
Change:
+0.2200
Percent change
+0.45%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 49.3300, and our valid average buying price stands now at 49.5500. The previous SELL signal was issued on 13/04/2021, 3 days ago, when the stock price was 49.2100. Since then GATM has risen by +0.69%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The market is telling you about a new profit. Do not miss this bullish opportunity. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
16/04/202149.5500BUY 152.09
13/04/202149.2100SELL 153.16
08/04/202148.1800BUY 151.01
05/04/202146.8800SELL 152.07
31/03/202147.1100BUY 153.89
18/03/202149.6700SHORT 148.42
12/03/202144.6950BUY 135.44
19/02/202154.3900SELL 136.39
15/02/202150.3300BUY 127.10
09/02/202150.8700SELL 128.00
02/02/202146.7600BUY 118.49
29/01/202143.8600SELL 119.33
27/01/202144.5400BUY 122.03
20/01/202144.6300SELL 122.89
17/12/202036.6100BUY 101.52
04/12/202034.4000SELL 102.24
01/12/202032.8000BUY 98.17
12/11/202034.0000SHORT 96.16
10/11/202034.6200BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/04/202149.5500BUY 193.23
13/04/202149.2100SELL 194.59
08/04/202148.1800BUY 191.86
05/04/202146.8800SELL 193.21
31/03/202147.1100BUY 195.53
18/03/202149.6700SHORT 188.58
12/03/202144.6950BUY 172.09
19/02/202154.3900SELL 173.30
15/02/202150.3300BUY 161.49
09/02/202150.8700SELL 162.63
02/02/202146.7600BUY 150.54
29/01/202143.8600SELL 151.60
27/01/202144.5400BUY 155.04
20/01/202144.6300SELL 156.13
17/12/202036.6100BUY 128.98
04/12/202034.4000SELL 129.89
01/12/202032.8000BUY 124.72
12/11/202034.0000SHORT 122.17
10/11/202034.6200BUY 126.16
23/10/202038.5300SELL 127.05
07/10/202036.2500BUY 120.37
28/09/202038.0800SHORT 116.48
23/09/202039.5300BUY 122.63
04/09/202040.9600SELL 123.49
26/08/202036.4050BUY 110.53
21/08/202036.0000SHORT 113.37
11/08/202036.4500BUY 116.41
04/08/202034.0600SELL 117.23
13/07/202030.4800BUY 105.65
07/07/202029.7000SELL 106.39
23/06/202027.3900BUY 98.81
12/06/202031.3900SELL 99.51
10/06/202030.6500BUY 97.85
04/06/202027.5950SELL 98.54
29/05/202027.5000BUY 98.89
13/05/202027.4900SELL 99.59
11/05/202027.5800BUY 100.62
06/05/202028.5650SELL 101.33
29/04/202026.7900BUY 95.70
23/04/202027.5800SELL 96.37
17/04/202028.2200BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/04/202149.5500BUY 191.71
13/04/202149.2100SELL 193.06
08/04/202148.1800BUY 190.35
05/04/202146.8800SELL 191.69
31/03/202147.1100BUY 193.99
18/03/202149.6700SHORT 187.09
12/03/202144.6950BUY 170.73
19/02/202154.3900SELL 171.93
15/02/202150.3300BUY 160.22
09/02/202150.8700SELL 161.35
02/02/202146.7600BUY 149.36
29/01/202143.8600SELL 150.41
27/01/202144.5400BUY 153.82
20/01/202144.6300SELL 154.90
17/12/202036.6100BUY 127.96
04/12/202034.4000SELL 128.86
01/12/202032.8000BUY 123.73
12/11/202034.0000SHORT 121.20
10/11/202034.6200BUY 125.16
23/10/202038.5300SELL 126.04
07/10/202036.2500BUY 119.42
28/09/202038.0800SHORT 115.56
23/09/202039.5300BUY 121.66
04/09/202040.9600SELL 122.52
26/08/202036.4050BUY 109.66
21/08/202036.0000SHORT 112.48
11/08/202036.4500BUY 115.50
04/08/202034.0600SELL 116.31
13/07/202030.4800BUY 104.82
07/07/202029.7000SELL 105.56
23/06/202027.3900BUY 98.04
12/06/202031.3900SELL 98.73
10/06/202030.6500BUY 97.08
04/06/202027.5950SELL 97.76
29/05/202027.5000BUY 98.11
13/05/202027.4900SELL 98.80
11/05/202027.5800BUY 99.82
06/05/202028.5650SELL 100.52
29/04/202026.7900BUY 94.94
23/04/202027.5800SELL 95.61
17/04/202028.2200BUY 98.52
13/04/202025.8500SHORT 110.00
27/03/202022.5100BUY 97.14
06/03/202042.9700SELL 97.82
28/02/202042.9300BUY 98.42
21/02/202043.8100SELL 99.11
12/02/202042.3100BUY 96.39
28/01/202045.1900SHORT 91.90
24/01/202045.0400BUY 92.89
15/01/202045.5900SELL 93.54
09/01/202044.9000BUY 92.77
30/12/201943.5600SHORT 97.07
26/12/201943.7300BUY 98.83
17/12/201948.3100SELL 99.53
11/12/201945.2500BUY 93.88
09/12/201944.0800SELL 94.54
29/11/201941.2000BUY 88.99
26/11/201941.5600SHORT 89.47
05/11/201936.3050BUY 79.26
07/10/201941.2250SELL 79.82
27/09/201939.4333BUY 76.89
18/09/201937.5000SELL 77.43
16/09/201938.1121BUY 79.25
11/09/201937.5833SELL 79.81
31/07/201932.8837BUY 70.32
01/07/201937.8144SHORT 63.09
26/06/201940.1560BUY 67.94
24/06/201939.9285SELL 68.42
20/06/201941.5620BUY 71.72
10/06/201936.2667SHORT 85.17
21/05/201941.6917BUY 99.30
† Trade commissions are taken as 0.70%.

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