BCV (AMEX)

BCV AMEX

Bancroft Closed Fund

STAY LONG

18.17

Prev.Close

18.61

Change

-0.4400

Change%

-2.36%

BEARISH MEETING LINE

Bought at

16.08

Open

18.17

High

18.35

Low

18.17

Gain%

+13.03%

Signal History

Date	Price	Signal	Change%		$100⇨
04/22	16.08	BUY	+13.0%	✔	94
03/24	17.94	SELL	-10.4%	✔	94
03/18	17.73	BUY	+1.2%	✔	93
02/25	18.38	SELL	-3.5%	✔	93
01/28	18.11	BUY	+1.5%	✔	92
01/13	17.76	SHORT	+2.0%	❌	94
01/03	18.01	BUY	-1.4%	❌	96
01/02	17.72	SHORT	+1.6%	❌	98
12/24	18.00	BUY	-1.6%	❌	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 STAY LONG. The previous BUY signal was issued on 04/22/2025, 52 days ago, when the stock price was 16.08. Since then, BCV has risen by +13.03%.

Market Outlook

The market is no longer favoring the bulls. Bearish signs are increasing, and the likelihood of a downside breakout is significant. The share price is below the confirmation level of the last bearish pattern, but the signal is still suggesting to STAY LONG. The <SELL signal requires a black body whose close is below the confirmation level and the chance of detecting such a black candlestick is high. The Delayed Intraday Module is ON. Due to the elevated risk, closely monitoring the intraday price action has become indispensable.

Pattern Description

This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern; however, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, whereas the second day of the Bearish Meeting Line closes at the same level as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...

Date	Price	Signal	Change%		$100⇨
04/22	16.08	BUY	+13.0%	✔	110
03/24	17.94	SELL	-10.4%	✔	110
03/18	17.73	BUY	+1.2%	✔	109
02/25	18.38	SELL	-3.5%	✔	109
01/28	18.11	BUY	+1.5%	✔	108
01/13	17.76	SHORT	+2.0%	❌	110
01/03	18.01	BUY	-1.4%	❌	112
01/02	17.72	SHORT	+1.6%	❌	114
12/24	18.00	BUY	-1.6%	❌	117
12/12	18.18	SHORT	-1.0%	✔	116
11/19	17.95	BUY	+1.3%	✔	115
11/13	17.94	SELL	+0.1%	❌	115
11/05	16.98	BUY	+5.7%	✔	109
10/24	16.80	SHORT	+1.1%	❌	111
10/07	16.89	BUY	-0.5%	❌	112
10/03	16.68	SELL	+1.3%	❌	112
09/18	16.48	BUY	+1.2%	✔	111
09/11	16.17	SHORT	+1.9%	❌	114
08/23	16.24	BUY	-0.4%	❌	115
08/16	15.99	SHORT	+1.6%	❌	117
08/07	15.95	BUY	+0.3%	✔	117
07/18	16.15	SELL	-1.2%	✔	117
07/15	16.03	BUY	+0.7%	✔	117
07/09	15.67	SHORT	+2.3%	❌	120
06/20	15.47	BUY	+1.3%	✔	119
06/10	15.80	SELL	-2.1%	✔	119
04/22	14.79	BUY	+6.8%	✔	112
04/02	15.87	SELL	-6.8%	✔	112
03/21	15.56	BUY	+2.0%	✔	110
03/14	15.33	SELL	+1.5%	❌	110
03/04	15.60	BUY	-1.7%	❌	112
02/23	15.46	SELL	+0.9%	❌	113
02/15	15.81	BUY	-2.2%	❌	115
02/13	15.60	SELL	+1.3%	❌	116
02/08	15.29	BUY	+2.0%	✔	114
02/05	15.30	SHORT	-0.1%	✔	114
01/23	15.44	BUY	-0.9%	❌	115
12/29	15.98	SELL	-3.4%	✔	116
12/22	16.04	BUY	-0.4%	❌	116
12/18	16.09	SELL	-0.3%	✔	117