MDF (BME)

MDF BME

Duro Felguera

STAY LONG

0.5320

Prev.Close

0.5400

Change

-0.0080

Change%

-1.48%

BEARISH DESCENDING HAWK

Bought at

0.5400

Open

0.5270

High

0.5440

Low

0.5270

0.5320

Loss%

-1.48%

Signal History

Date	Price	Signal	Change%		€100⇨
12/09	0.5400	BUY	-1.5%	❌	78
26/08	0.5310	SHORT	+1.7%	❌	80
06/08	0.5380	BUY	-1.3%	❌	81
31/07	0.5420	SHORT	-0.7%	✔	81
19/07	0.5800	BUY	-6.6%	❌	87
15/07	0.5390	SHORT	+7.6%	❌	94
25/06	0.5640	BUY	-4.4%	❌	99
31/05	0.5950	SELL	-5.2%	✔	99
27/05	0.6070	BUY	-2.0%	❌	101
21/05	0.5940	SELL	+2.2%	❌	101
03/05	0.5525	BUY	+7.5%	✔	94
12/04	0.6060	SELL	-8.8%	✔	94
04/04	0.5860	BUY	+3.4%	✔	91
02/04	0.5590	SHORT	+4.8%	❌	96
27/03	0.5500	BUY	+1.6%	✔	95
22/03	0.5450	SHORT	+0.9%	❌	96
19/03	0.5650	BUY	-3.5%	❌	100
15/03	0.5680	SHORT	-0.5%	✔	100

† Trade commissions are taken as 0.15%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 12/09/2024, 1 day ago, when the stock price was 0.5400. Since then MDF has fallen by -1.48%.

Market Outlook

Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. Based on this pattern, in response to emerging market bearishness the system established new confirmation and stop loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to SHORT is very high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis. 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.

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...

Date	Price	Signal	Change%		€100⇨
12/09	0.5400	BUY	-1.5%	❌	94
26/08	0.5310	SHORT	+1.7%	❌	96
06/08	0.5380	BUY	-1.3%	❌	98
31/07	0.5420	SHORT	-0.7%	✔	98
19/07	0.5800	BUY	-6.6%	❌	105
15/07	0.5390	SHORT	+7.6%	❌	114
25/06	0.5640	BUY	-4.4%	❌	119
31/05	0.5950	SELL	-5.2%	✔	119
27/05	0.6070	BUY	-2.0%	❌	122
21/05	0.5940	SELL	+2.2%	❌	122
03/05	0.5525	BUY	+7.5%	✔	114
12/04	0.6060	SELL	-8.8%	✔	114
04/04	0.5860	BUY	+3.4%	✔	110
02/04	0.5590	SHORT	+4.8%	❌	116
27/03	0.5500	BUY	+1.6%	✔	115
22/03	0.5450	SHORT	+0.9%	❌	116
19/03	0.5650	BUY	-3.5%	❌	121
15/03	0.5680	SHORT	-0.5%	✔	121
08/03	0.5990	BUY	-5.2%	❌	128
12/02	0.6310	SHORT	-5.1%	✔	122
07/02	0.6570	BUY	-4.0%	❌	127
05/02	0.6450	SHORT	+1.9%	❌	130
31/01	0.6520	BUY	-1.1%	❌	132
11/01	0.6440	SHORT	+1.2%	❌	134
08/01	0.6870	BUY	-6.3%	❌	143
13/12	0.7100	SELL	-3.2%	✔	143
11/12	0.7050	BUY	+0.7%	✔	143
05/12	0.7300	SELL	-3.4%	✔	143
27/10	0.6510	BUY	+12.1%	✔ 👍	128
23/10	0.6400	SELL	+1.7%	❌	128
17/10	0.6610	BUY	-3.2%	❌	132
18/09	0.6350	SHORT	+4.1%	❌	138
05/09	0.6440	BUY	-1.4%	❌	141
18/08	0.6590	SELL	-2.3%	✔	141
10/08	0.6745	BUY	-2.3%	❌	144
04/08	0.6500	SHORT	+3.8%	❌	150
27/07	0.6700	BUY	-3.0%	❌	156
21/07	0.6600	SHORT	+1.5%	❌	158
13/07	0.6800	BUY	-2.9%	❌	164
19/06	0.7095	SELL	-4.2%	✔	164