IE (AMEX)

IE AMEX

Ivanhoe Electric

SELL

6.3000

Prev.Close

6.5600

Change

-0.2600

Change%

-3.96%

BEARISH DESCENDING HAWK

Sold at

6.3700

Open

6.4300

High

6.4300

Low

6.1900

6.3000

Gain%

-1.10%

Signal History

Date	Price	Signal	Change%		$100⇨
04/30	6.3700	SELL	-1.1%		103
04/21	6.0000	BUY	+6.2%	✔	98
04/14	5.0500	SHORT	+18.8%	❌	121
04/09	5.2100	BUY	-3.1%	❌	125
04/04	5.2100	SHORT	0.0%	❌	126
04/02	5.7400	BUY	-9.2%	❌	139
03/31	6.1400	SELL	-6.5%	✔	139
03/14	6.0100	BUY	+2.2%	✔	136
03/04	5.6200	SHORT	+6.9%	❌	147
02/28	6.1500	BUY	-8.6%	❌	162
02/25	6.2500	SELL	-1.6%	✔	162
02/10	6.1400	BUY	+1.8%	✔	160
12/30	7.6300	SHORT	-19.5%	✔	134
12/24	7.3100	BUY	+4.4%	✔	129
12/03	9.2000	SHORT	-20.5%	✔	107
11/29	9.3300	BUY	-1.4%	❌	109
11/25	9.4800	SHORT	-1.6%	✔	108
11/21	9.4800	BUY	0.0%	❌	108
11/12	10.5000	SHORT	-9.7%	✔	99
11/04	10.5150	BUY	-0.1%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 6.5500, and our valid average selling price now stands at 6.3700. The previous BUY signal was issued on 04/21/2025, 9 days ago, when the stock price was 6.0000. Since then, IE has risen by +6.17%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		$100⇨
04/30	6.3700	SELL	-1.1%		528
04/21	6.0000	BUY	+6.2%	✔	498
04/14	5.0500	SHORT	+18.8%	❌	616
04/09	5.2100	BUY	-3.1%	❌	638
04/04	5.2100	SHORT	0.0%	❌	640
04/02	5.7400	BUY	-9.2%	❌	708
03/31	6.1400	SELL	-6.5%	✔	710
03/14	6.0100	BUY	+2.2%	✔	696
03/04	5.6200	SHORT	+6.9%	❌	751
02/28	6.1500	BUY	-8.6%	❌	825
02/25	6.2500	SELL	-1.6%	✔	827
02/10	6.1400	BUY	+1.8%	✔	814
12/30	7.6300	SHORT	-19.5%	✔	684
12/24	7.3100	BUY	+4.4%	✔	658
12/03	9.2000	SHORT	-20.5%	✔	548
11/29	9.3300	BUY	-1.4%	❌	558
11/25	9.4800	SHORT	-1.6%	✔	551
11/21	9.4800	BUY	0.0%	❌	553
11/12	10.5000	SHORT	-9.7%	✔	506
11/04	10.5150	BUY	-0.1%	❌	509
10/30	10.9000	SELL	-3.5%	✔	510
10/11	8.6600	BUY	+25.9%	✔ 👍	406
10/09	8.8200	SELL	-1.8%	✔	407
09/24	7.6800	BUY	+14.8%	✔ 👍	355
09/16	7.6000	SELL	+1.1%	❌	356
09/06	6.7000	BUY	+13.4%	✔ 👍	314
08/20	7.1700	SHORT	-6.6%	✔	296
08/09	7.2400	BUY	-1.0%	❌	300
08/02	8.9300	SHORT	-18.9%	✔	254
07/31	9.8800	BUY	-9.6%	❌	282
07/29	9.9600	SELL	-0.8%	✔	282
07/23	10.2300	BUY	-2.6%	❌	290
07/17	11.7300	SELL	-12.8%	✔	291
07/15	11.8600	BUY	-1.1%	❌	295
07/08	10.4700	SELL	+13.3%	❌	295
07/02	9.6100	BUY	+8.9%	✔	272
06/17	9.9500	SHORT	-3.4%	✔	264
06/10	10.0000	BUY	-0.5%	❌	266
06/03	11.2600	SHORT	-11.2%	✔	240
05/24	11.5550	BUY	-2.6%	❌	248