Title
by Americanbulls.com LLC
Last Update
19/10/2020
SMBL
SUMMIT BANK
Last Signal: STAY LONG
Last Pattern: BEARISH DESCENDING HAWK
Last Close:
1.7400
Change:
+0.0200
Percent change
+1.16%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 08/10/2020, 11 days ago, when the stock price was 1.6600. Since then SMBL has risen by +4.82%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. 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. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
08/10/20201.6600BUY 134.22
24/09/20202.0500SELL 135.17
11/09/20201.7600BUY 116.87
08/09/20201.7300SELL 117.69
04/09/20201.7450BUY 119.55
31/08/20201.6700SELL 120.39
06/07/20201.2400BUY 90.02
09/06/20201.2400SHORT 91.29
03/06/20201.3300BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
08/10/20201.6600BUY 122.22
24/09/20202.0500SELL 123.08
11/09/20201.7600BUY 106.41
08/09/20201.7300SELL 107.16
04/09/20201.7450BUY 108.85
31/08/20201.6700SELL 109.62
06/07/20201.2400BUY 81.97
09/06/20201.2400SHORT 83.13
03/06/20201.3300BUY 90.42
23/04/20201.5700SELL 91.06
17/04/20201.6500BUY 96.37
02/04/20201.6600SHORT 97.15
31/03/20201.6900BUY 100.30
27/03/20201.4600SHORT 120.74
18/03/20201.7000BUY 142.58
09/03/20201.9800SELL 143.59
05/03/20202.1100BUY 154.10
24/02/20202.3100SELL 155.19
19/02/20202.2300BUY 150.87
14/02/20201.9900SHORT 173.99
03/02/20202.0000BUY 177.34
28/01/20202.1200SELL 178.59
20/01/20201.8450BUY 156.52
15/01/20201.7900SELL 157.62
09/01/20201.2100BUY 107.30
31/12/20191.1800SHORT 111.66
20/12/20191.2600BUY 120.92
03/12/20191.2700SELL 121.77
18/11/20191.1700BUY 112.97
14/11/20191.0500SELL 113.77
07/11/20190.9100BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
08/10/20201.6600BUY 122.07
24/09/20202.0500SELL 122.93
11/09/20201.7600BUY 106.28
08/09/20201.7300SELL 107.03
04/09/20201.7450BUY 108.72
31/08/20201.6700SELL 109.49
06/07/20201.2400BUY 81.87
09/06/20201.2400SHORT 83.03
03/06/20201.3300BUY 90.32
23/04/20201.5700SELL 90.96
17/04/20201.6500BUY 96.27
02/04/20201.6600SHORT 97.05
31/03/20201.6900BUY 100.20
27/03/20201.4600SHORT 120.62
18/03/20201.7000BUY 142.44
09/03/20201.9800SELL 143.44
05/03/20202.1100BUY 153.94
24/02/20202.3100SELL 155.03
19/02/20202.2300BUY 150.72
14/02/20201.9900SHORT 173.81
03/02/20202.0000BUY 177.16
28/01/20202.1200SELL 178.41
20/01/20201.8450BUY 156.36
15/01/20201.7900SELL 157.46
09/01/20201.2100BUY 107.19
31/12/20191.1800SHORT 111.54
20/12/20191.2600BUY 120.79
03/12/20191.2700SELL 121.64
18/11/20191.1700BUY 112.85
14/11/20191.0500SELL 113.65
07/11/20190.9100BUY 99.19
15/10/20190.9000SELL 99.89
25/09/20190.5350BUY 59.80
18/09/20190.5700SELL 60.22
05/09/20190.5600BUY 59.58
02/09/20190.5350SELL 60.00
22/08/20190.6000BUY 67.76
16/08/20190.5150SHORT 82.30
02/08/20190.5500BUY 89.14
24/07/20190.6100SELL 89.77
12/07/20190.6100BUY 90.40
04/07/20190.6600SELL 91.04
26/06/20190.6600BUY 91.68
17/06/20190.6900SELL 92.33
13/05/20190.7100BUY 95.68
08/05/20190.7100SELL 96.35
18/04/20190.6700BUY 91.56
02/04/20190.6900SHORT 90.24
21/03/20190.7400BUY 98.15
12/03/20190.7900SHORT 93.61
01/03/20190.7900BUY 94.93
29/01/20190.9100SELL 95.60
25/01/20190.9350BUY 98.92
21/01/20190.9400SELL 99.62
03/01/20190.8400BUY 89.65
26/12/20180.9000SHORT 85.24
13/12/20180.9000BUY 86.45
15/11/20181.0200SELL 87.06
12/11/20181.0400BUY 89.39
01/11/20181.0200SHORT 92.47
24/10/20181.0800BUY 99.30
† Trade commissions are taken as 0.70%.

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