by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 1,739.0500, and our valid average selling value stands now at 1,733.7500. The previous BUY signal was issued on 21/11/2022, 14 days ago, when the index value was 1,684.6300. Since then IGRB.BC has risen by +2.92%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...

Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
05/12/20221,733.7500SELL 123.79
21/11/20221,684.6300BUY 120.46
17/11/20221,667.7100SELL 120.64
04/11/20221,639.8500BUY 118.80
02/11/20221,642.5400SELL 118.98
24/10/20221,597.4800BUY 115.89
19/10/20221,577.1900SELL 116.06
17/10/20221,539.9700BUY 113.49
06/10/20221,552.7900SHORT 112.90
03/10/20221,508.3600BUY 110.00
20/09/20221,620.9700SHORT 103.16
15/09/20221,639.0300BUY 104.62
13/09/20221,648.6200SHORT 104.33
09/09/20221,606.5100BUY 101.97
19/08/20221,681.2400SELL 102.12
08/08/20221,655.2300BUY 100.69
01/08/20221,611.4800SELL 100.84
19/07/20221,588.2000BUY 99.53
30/06/20221,654.0100SHORT 96.01
20/06/20221,672.7000BUY 97.39
10/06/20221,772.6100SELL 97.54
06/06/20221,811.9600BUY 99.85
† Trade commissions are taken as 0.15%.
05/12/20221,733.7500SELL 134.25
21/11/20221,684.6300BUY 130.64
17/11/20221,667.7100SELL 130.84
04/11/20221,639.8500BUY 128.85
02/11/20221,642.5400SELL 129.04
24/10/20221,597.4800BUY 125.69
19/10/20221,577.1900SELL 125.88
17/10/20221,539.9700BUY 123.09
06/10/20221,552.7900SHORT 122.45
03/10/20221,508.3600BUY 119.30
20/09/20221,620.9700SHORT 111.89
15/09/20221,639.0300BUY 113.48
13/09/20221,648.6200SHORT 113.16
09/09/20221,606.5100BUY 110.60
19/08/20221,681.2400SELL 110.77
08/08/20221,655.2300BUY 109.22
01/08/20221,611.4800SELL 109.38
19/07/20221,588.2000BUY 107.96
30/06/20221,654.0100SHORT 104.14
20/06/20221,672.7000BUY 105.63
10/06/20221,772.6100SELL 105.79
06/06/20221,811.9600BUY 108.30
31/05/20221,822.5400SELL 108.46
11/05/20221,680.9250BUY 100.18
05/05/20221,737.2600SELL 100.33
29/04/20221,754.0100BUY 101.45
26/04/20221,773.2400SELL 101.60
08/04/20221,749.5900BUY 100.40
07/04/20221,727.1900SELL 100.55
05/04/20221,750.8300BUY 102.08
31/03/20221,743.8950SELL 102.23
28/03/20221,715.2600BUY 100.70
24/03/20221,703.2500SELL 100.85
16/03/20221,705.6700BUY 101.14
18/02/20221,756.2300SELL 101.29
08/02/20221,755.5650BUY 101.40
04/02/20221,745.3200SELL 101.55
26/01/20221,699.4600BUY 99.03
24/01/20221,713.7000SHORT 98.51
20/01/20221,755.5200BUY 101.22
18/01/20221,758.8700SELL 101.37
22/12/20211,649.5700BUY 95.21
15/12/20211,617.6800SHORT 97.42
06/12/20211,653.0100BUY 99.85
† Trade commissions are taken as 0.15%.
05/12/20221,733.7500SELL 168.71
21/11/20221,684.6300BUY 164.18
17/11/20221,667.7100SELL 164.43
04/11/20221,639.8500BUY 161.93
02/11/20221,642.5400SELL 162.17
24/10/20221,597.4800BUY 157.96
19/10/20221,577.1900SELL 158.20
17/10/20221,539.9700BUY 154.70
06/10/20221,552.7900SHORT 153.89
03/10/20221,508.3600BUY 149.94
20/09/20221,620.9700SHORT 140.62
15/09/20221,639.0300BUY 142.61
13/09/20221,648.6200SHORT 142.21
09/09/20221,606.5100BUY 138.99
19/08/20221,681.2400SELL 139.20
08/08/20221,655.2300BUY 137.25
01/08/20221,611.4800SELL 137.46
19/07/20221,588.2000BUY 135.68
30/06/20221,654.0100SHORT 130.88
20/06/20221,672.7000BUY 132.76
10/06/20221,772.6100SELL 132.96
06/06/20221,811.9600BUY 136.12
31/05/20221,822.5400SELL 136.32
11/05/20221,680.9250BUY 125.92
05/05/20221,737.2600SELL 126.11
29/04/20221,754.0100BUY 127.52
26/04/20221,773.2400SELL 127.71
08/04/20221,749.5900BUY 126.20
07/04/20221,727.1900SELL 126.39
05/04/20221,750.8300BUY 128.31
31/03/20221,743.8950SELL 128.50
28/03/20221,715.2600BUY 126.58
24/03/20221,703.2500SELL 126.77
16/03/20221,705.6700BUY 127.14
18/02/20221,756.2300SELL 127.33
08/02/20221,755.5650BUY 127.47
04/02/20221,745.3200SELL 127.66
26/01/20221,699.4600BUY 124.49
24/01/20221,713.7000SHORT 123.84
20/01/20221,755.5200BUY 127.24
18/01/20221,758.8700SELL 127.43
22/12/20211,649.5700BUY 119.69
15/12/20211,617.6800SHORT 122.46
06/12/20211,653.0100BUY 125.51
12/11/20211,790.5400SELL 125.70
10/11/20211,802.9400BUY 126.76
03/11/20211,789.0400SELL 126.95
29/10/20211,788.0700BUY 127.07
22/10/20211,768.5500SHORT 128.87
15/10/20211,797.7300BUY 131.39
11/10/20211,793.0400SELL 131.59
22/09/20211,742.6600BUY 128.08
15/09/20211,722.6000SHORT 129.98
13/09/20211,738.5650BUY 131.58
30/08/20211,754.1700SELL 131.78
25/08/20211,773.0400BUY 133.40
16/08/20211,763.7000SELL 133.60
03/08/20211,735.4600BUY 131.66
30/07/20211,711.6400SELL 131.86
21/07/20211,646.8800BUY 127.06
07/07/20211,749.2100SHORT 120.40
05/07/20211,779.5200BUY 122.85
16/06/20211,846.8300SELL 123.03
26/04/20211,726.1500BUY 115.16
23/04/20211,708.7500SHORT 116.69
19/04/20211,727.9200BUY 118.35
17/03/20211,743.1400SELL 118.53
19/02/20211,627.6000BUY 110.84
09/02/20211,608.5750SELL 111.01
02/02/20211,551.7800BUY 107.25
21/01/20211,602.0400SHORT 104.30
23/12/20201,529.1400BUY 99.85
† Trade commissions are taken as 0.15%.


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