AEF (AMEX)

AEF AMEX

abrdn Emerging Markets Equity Income Mutual

SHORT

4.9900

Prev.Close

5.0500

Change

-0.0600

Change%

-1.19%

BEARISH STOP LOSS

Sold at

5.0100

Open

5.0200

High

5.0350

Low

4.9700

4.9900

Gain%

-0.40%

Signal History

Date	Price	Signal	Change%	$100⇨
05/31	5.0100	SHORT	-0.4%	123
05/26	5.1200	BUY	-2.1%	127
05/25	5.0500	SELL	+1.4%	127
05/22	5.1300	BUY	-1.6%	129
05/12	5.0200	SHORT	+2.2%	133
05/05	5.0700	BUY	-1.0%	134
05/02	5.0400	SHORT	+0.6%	136
04/26	4.9500	BUY	+1.8%	134
04/21	5.1200	SHORT	-3.3%	130
04/17	5.2750	BUY	-2.9%	135
04/05	5.3500	SELL	-1.4%	135
03/28	5.0600	BUY	+5.7%	128
03/07	5.2800	SHORT	-4.2%	123
03/01	5.2100	BUY	+1.3%	122
02/15	5.6600	SHORT	-8.0%	114
02/10	5.5900	BUY	+1.3%	113
01/30	5.7100	SELL	-2.1%	113
12/27	5.1600	BUY	+10.7%	102
12/12	5.2000	SELL	-0.8%	102
11/30	5.0600	BUY	+2.8%	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Our system’s recommendation today is to SHORT. The BEARISH STOP LOSS pattern finally received a confirmation because the prices crossed below the Stop Loss level which was at 5.0700, and our valid average selling price stands now at 5.0100. The previous BUY signal was issued on 05/26/2023, 5 days ago, when the stock price was 5.1200. Since then AEF has fallen by -2.15%.

The market changed its face while our beloved candlesticks were asleep. Though the system has not yet detected a bearish pattern, the evidence is strong enough to go for a bearish bet. Today’s candlestick has a black body and its close is below the stop loss level. The bearish stop loss is confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. 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.

This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...

Date	Price	Signal	Change%	$100⇨
05/31	5.0100	SHORT	-0.4%	153
05/26	5.1200	BUY	-2.1%	157
05/25	5.0500	SELL	+1.4%	157
05/22	5.1300	BUY	-1.6%	160
05/12	5.0200	SHORT	+2.2%	164
05/05	5.0700	BUY	-1.0%	166
05/02	5.0400	SHORT	+0.6%	168
04/26	4.9500	BUY	+1.8%	166
04/21	5.1200	SHORT	-3.3%	161
04/17	5.2750	BUY	-2.9%	166
04/05	5.3500	SELL	-1.4%	167
03/28	5.0600	BUY	+5.7%	158
03/07	5.2800	SHORT	-4.2%	152
03/01	5.2100	BUY	+1.3%	151
02/15	5.6600	SHORT	-8.0%	140
02/10	5.5900	BUY	+1.3%	139
01/30	5.7100	SELL	-2.1%	139
12/27	5.1600	BUY	+10.7%	126
12/12	5.2000	SELL	-0.8%	126
11/30	5.0600	BUY	+2.8%	123
11/21	5.0900	SELL	-0.6%	124
11/01	4.4700	BUY	+13.9%	109
10/26	4.3900	SHORT	+1.8%	111
10/21	4.4800	BUY	-2.0%	114
10/07	4.7300	SHORT	-5.3%	109
10/04	4.7800	BUY	-1.0%	110
09/15	5.1500	SHORT	-7.2%	103
09/09	5.1900	BUY	-0.8%	104
08/29	5.4200	SELL	-4.2%	105
08/25	5.4900	BUY	-1.3%	106
08/19	5.4700	SELL	+0.4%	106
08/08	5.4700	BUY	0.0%	107
08/01	5.4300	SELL	+0.7%	107
07/27	5.4000	BUY	+0.6%	106
07/12	5.3800	SHORT	+0.4%	107
06/27	5.5700	BUY	-3.4%	112
06/10	5.8500	SELL	-4.8%	112
05/27	5.7100	BUY	+2.5%	109
05/25	5.5545	SHORT	+2.8%	113
05/13	5.4200	BUY	+2.5%	111