Title
by Americanbulls.com LLC
Last Update
17/09/2019
SPWL
SAIF POWER
Last Signal: STAY LONG
Last Pattern: BEARISH HANGING MAN
Last Close:
15.8000
Change:
+0.0500
Percent change
+0.32%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 16/09/2019, 1 day ago, when the stock price was 15.6600. Since then SPWL has risen by +0.89%.
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. 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
The pattern occurs at the top of a trend or during an uptrend. The name Hanging Man comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
16/09/201915.6600BUY 125.94
26/08/201916.6200SELL 126.83
20/08/201915.5500BUY 119.50
05/08/201916.1000SHORT 117.19
01/08/201916.0600BUY 118.55
04/07/201919.1100SHORT 103.68
27/06/201919.0600BUY 104.87
14/06/201919.4400SHORT 104.31
03/06/201920.4200BUY 111.12
06/05/201921.9300SHORT 105.43
25/04/201921.0000BUY 102.39
19/04/201923.3300SELL 103.11
12/04/201922.9200BUY 102.01
20/03/201923.9200SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/09/201915.6600BUY 132.57
26/08/201916.6200SELL 133.50
20/08/201915.5500BUY 125.79
05/08/201916.1000SHORT 123.36
01/08/201916.0600BUY 124.79
04/07/201919.1100SHORT 109.14
27/06/201919.0600BUY 110.39
14/06/201919.4400SHORT 109.81
03/06/201920.4200BUY 116.98
06/05/201921.9300SHORT 110.99
25/04/201921.0000BUY 107.79
19/04/201923.3300SELL 108.55
12/04/201922.9200BUY 107.39
20/03/201923.9200SHORT 104.54
28/02/201923.0000BUY 101.94
20/02/201924.1200SHORT 98.79
13/02/201925.0000BUY 103.84
07/02/201924.7750SHORT 106.27
18/01/201924.9500BUY 108.53
15/01/201924.5100SHORT 112.08
27/12/201824.5800BUY 113.99
19/11/201825.9500SELL 114.79
23/10/201823.0700BUY 102.77
08/10/201823.8300SHORT 101.00
03/10/201824.1300BUY 103.72
19/09/201825.6500SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/09/201915.6600BUY 100.08
26/08/201916.6200SELL 100.79
20/08/201915.5500BUY 94.97
05/08/201916.1000SHORT 93.13
01/08/201916.0600BUY 94.21
04/07/201919.1100SHORT 82.39
27/06/201919.0600BUY 83.34
14/06/201919.4400SHORT 82.90
03/06/201920.4200BUY 88.31
06/05/201921.9300SHORT 83.79
25/04/201921.0000BUY 81.37
19/04/201923.3300SELL 81.94
12/04/201922.9200BUY 81.07
20/03/201923.9200SHORT 78.92
28/02/201923.0000BUY 76.96
20/02/201924.1200SHORT 74.59
13/02/201925.0000BUY 78.41
07/02/201924.7750SHORT 80.25
18/01/201924.9500BUY 81.96
15/01/201924.5100SHORT 84.64
27/12/201824.5800BUY 86.08
19/11/201825.9500SELL 86.69
23/10/201823.0700BUY 77.61
08/10/201823.8300SHORT 76.28
03/10/201824.1300BUY 78.33
19/09/201825.6500SHORT 74.99
12/09/201825.3100BUY 75.04
29/08/201826.7700SELL 75.57
17/08/201826.8100BUY 76.22
01/08/201826.4200SELL 76.76
19/07/201826.3300BUY 77.04
16/07/201826.2200SHORT 78.46
06/07/201826.2100BUY 79.54
27/06/201826.4000SHORT 80.09
19/06/201826.7800BUY 82.39
06/06/201826.9200SHORT 83.12
01/06/201827.0800BUY 84.80
08/05/201829.7700SELL 85.40
26/04/201828.5900BUY 82.59
02/04/201828.8600SELL 83.17
19/03/201828.5500BUY 82.86
02/03/201828.5800SELL 83.44
27/02/201828.4900BUY 83.76
15/02/201828.4000SELL 84.35
08/02/201828.8850BUY 86.40
06/02/201828.9300SELL 87.01
01/02/201828.5850BUY 86.58
26/01/201828.7400SELL 87.19
22/01/201828.8400BUY 88.11
16/01/201828.6700SHORT 89.89
21/12/201728.9400BUY 92.02
02/11/201730.0000SHORT 90.14
25/10/201730.6000BUY 93.24
10/10/201730.0200SHORT 96.42
06/10/201730.1900BUY 98.34
26/09/201731.5250SELL 99.03
19/09/201731.3900BUY 99.30
† Trade commissions are taken as 0.70%.

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