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BME
Index
fx
MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are stronger and more money is flowing into the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
CBAV
ANE
ITX
TUB
ENO
APAM
CBAV
Clinica Baviera (SPANISHCATS) [Overbought]
CBAV
(SPANISHCATS) [Overbought]
The chart above shows how
CBAV
displayed a rally after the
BUY
signal which was issued on 30/08/2024. Since then, the gain in this stock stretched to a whopping 6%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a
SELL
signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
13/09/2024
ANE
Corporacion Acciona Energias Renovables
Last Signal
SELL
Sell Level
21.86
Sold at
21.84
Close
21.84
Sold on
13/09/2024
CBAV
Clinica Baviera
Last Signal
SELL
Sell Level
32.20
Sold at
32.00
Close
32.00
Bought on
13/09/2024
ENO
Elecnor
Last Signal
BUY
Buy Level
18.40
Bought at
18.42
Close
18.42
Bought on
13/09/2024
TUB
Tubacex
Last Signal
BUY
Buy Level
2.7200
Bought at
2.7400
Close
2.7800
Gain%
1.46
Bought on
12/09/2024
EZE
Grupo Ezentis
Last Signal
STAY LONG
Sell Level
0.1420
Bought at
0.1450
Close
0.1420
Loss%
-2.07
Sold on
12/09/2024
IBE
Iberdrola
Last Signal
STAY IN CASH
Sold at
13.28
Close
13.40
Loss%
0.90
Sold on
12/09/2024
REDE
Redeia Corporacion
Last Signal
STAY IN CASH
Sold at
17.39
Close
17.18
Gain%
-1.21
Bought on
12/09/2024
SAI
SUBSTRATE ARTIFICIAL INTELLIGENCE S.A.
Last Signal
STAY LONG
Sell Level
0.1100
Bought at
0.1160
Close
0.1100
Loss%
-5.17
Bought on
11/09/2024
GRF.P
Grifols PrfClass B
Last Signal
STAY LONG
Bought at
7.7800
Close
8.3300
Gain%
7.07
Bought on
11/09/2024
ITX
Industria De Diseno Textil Inditex
Last Signal
STAY LONG
Sell Level
50.19
Bought at
47.17
Close
50.38
Gain%
6.81
Sold on
11/09/2024
RLIA
Realia Business
Last Signal
STAY SHORT
Sold at
1.1100
Close
1.0100
Gain%
-9.01
Bought on
10/09/2024
AIR
Airbus
Last Signal
STAY LONG
Sell Level
130.46
Bought at
130.60
Close
130.46
Loss%
-0.11
Sold on
10/09/2024
ENG
Enagas
Last Signal
STAY IN CASH
Buy Level
13.92
Sold at
14.05
Close
13.78
Gain%
-1.92
Sold on
09/09/2024
CLR
Clerhp Estructuras
Last Signal
STAY IN CASH
Buy Level
3.9500
Sold at
4.1000
Close
3.9500
Gain%
-3.66
Sold on
09/09/2024
ELZ
Asturiana de Laminados
Last Signal
STAY IN CASH
Buy Level
0.1158
Sold at
0.1188
Close
0.1035
Gain%
-12.88
Bought on
09/09/2024
HLZZ
HOLALUZ CLIDOM
Last Signal
SHORT
Sell Level
1.2000
Bought at
1.2250
Close
1.1500
Loss%
-6.12
Sold on
05/09/2024
PAR
PARLEM TELECOM COMPANYIA DE
Last Signal
STAY IN CASH
Sold at
3.3600
Close
3.2800
Gain%
-2.38
Sold on
30/08/2024
AMP
Amper
Last Signal
BUY
Buy Level
0.0946
Sold at
0.0995
Close
0.0955
Gain%
-4.02
Sold on
30/08/2024
TUB
Tubacex
Last Signal
BUY
Buy Level
2.7200
Sold at
2.9350
Close
2.7800
Gain%
-5.28
Sold on
28/08/2024
GCO
Grupo Catalana Occidente
Last Signal
STAY IN CASH
Buy Level
39.18
Sold at
39.80
Close
38.90
Gain%
-2.26
Sold on
27/08/2024
TLGO
Talgo
Last Signal
STAY IN CASH
Buy Level
3.4800
Sold at
4.2510
Close
3.4800
Gain%
-18.14
Sold on
26/08/2024
ATRY
Atrys Health
Last Signal
STAY IN CASH
Buy Level
3.2400
Sold at
3.5700
Close
3.2000
Gain%
-10.36
Sold on
19/08/2024
FACE
Facephi Biometria
Last Signal
STAY IN CASH
Buy Level
1.5950
Sold at
1.6540
Close
1.5500
Gain%
-6.29
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Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.
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Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.
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