Title
by Americanbulls.com LLC
Last Update
07/08/2020
SPEL
SYNTHETIC PRODUCTS ENTERPRISES
Last Signal: STAY LONG
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
41.5100
Change:
+1.2000
Percent change
+2.98%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 03/08/2020, 4 days ago, when the stock price was 41.5800. Since then SPEL has fallen by -0.17%.
Market Outlook
The bulls are strong. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security, but with a more cautious attitude. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
03/08/202041.5800BUY 151.31
21/07/202043.4400SELL 152.38
14/07/202043.4000BUY 153.31
09/07/202043.3600SHORT 155.62
02/07/202042.3200BUY 154.04
19/06/202049.0900SHORT 137.29
05/05/202037.7500BUY 107.07
27/04/202038.8800SELL 107.82
20/04/202037.9500BUY 105.98
13/04/202033.8600SHORT 122.25
31/03/202027.7700BUY 101.68
12/03/202038.7400SELL 102.40
02/03/202037.2500BUY 99.16
24/02/202036.8500SHORT 101.67
12/02/202035.4900BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
03/08/202041.5800BUY 332.26
21/07/202043.4400SELL 334.60
14/07/202043.4000BUY 336.65
09/07/202043.3600SHORT 341.73
02/07/202042.3200BUY 338.25
19/06/202049.0900SHORT 301.46
05/05/202037.7500BUY 235.10
27/04/202038.8800SELL 236.76
20/04/202037.9500BUY 232.73
13/04/202033.8600SHORT 268.45
31/03/202027.7700BUY 223.28
12/03/202038.7400SELL 224.85
02/03/202037.2500BUY 217.73
24/02/202036.8500SHORT 223.23
12/02/202035.4900BUY 218.03
03/02/202038.9800SELL 219.57
27/01/202037.2500BUY 211.30
22/01/202036.2500SELL 212.79
13/01/202035.4300BUY 209.44
07/01/202033.7700SHORT 223.38
03/01/202035.4400BUY 237.74
17/12/201937.6500SHORT 227.74
11/12/201938.2600BUY 234.70
09/12/201936.4900SELL 236.35
31/10/201920.6400BUY 134.63
17/10/201920.0565SELL 135.58
03/10/201916.3865BUY 111.55
24/09/201916.7034SELL 112.34
13/09/201915.4907BUY 104.92
26/08/201915.6714SELL 105.66
19/08/201914.6250BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
03/08/202041.5800BUY 253.87
21/07/202043.4400SELL 255.66
14/07/202043.4000BUY 257.23
09/07/202043.3600SHORT 261.11
02/07/202042.3200BUY 258.45
19/06/202049.0900SHORT 230.34
05/05/202037.7500BUY 179.64
27/04/202038.8800SELL 180.91
20/04/202037.9500BUY 177.83
13/04/202033.8600SHORT 205.12
31/03/202027.7700BUY 170.61
12/03/202038.7400SELL 171.81
02/03/202037.2500BUY 166.37
24/02/202036.8500SHORT 170.58
12/02/202035.4900BUY 166.61
03/02/202038.9800SELL 167.78
27/01/202037.2500BUY 161.46
22/01/202036.2500SELL 162.60
13/01/202035.4300BUY 160.04
07/01/202033.7700SHORT 170.69
03/01/202035.4400BUY 181.67
17/12/201937.6500SHORT 174.03
11/12/201938.2600BUY 179.35
09/12/201936.4900SELL 180.61
31/10/201920.6400BUY 102.88
17/10/201920.0565SELL 103.61
03/10/201916.3865BUY 85.25
24/09/201916.7034SELL 85.85
13/09/201915.4907BUY 80.18
26/08/201915.6714SELL 80.75
19/08/201914.6250BUY 75.89
28/03/201930.7692QUIT 76.43
20/03/201930.5577SELL 76.43
11/03/201930.9770BUY 78.02
14/02/201932.5961SELL 78.57
25/01/201934.8495BUY 84.59
27/12/201831.6923SHORT 95.28
19/12/201833.4371BUY 101.95
13/12/201834.1634SELL 102.67
11/12/201833.3471BUY 100.92
30/11/201835.3631SELL 101.63
19/11/201831.8115BUY 92.07
26/09/201835.5769QUIT 92.72
31/08/201838.4615SELL 92.72
29/08/201840.9038BUY 99.30
† Trade commissions are taken as 0.70%.

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