Title
by Americanbulls.com LLC
Last Update
06/14/2019
ARNA
ARENA PHARMACEUTICALS
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
55.3200
Change:
-1.1800
Percent change
-2.09%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 56.5000, and our valid average selling price stands now at 56.0000. The previous BUY signal was issued on 06/12/2019, 2 days ago, when the stock price was 56.8050. Since then ARNA has fallen by -1.42%.
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 is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
06/14/201956.0000SELL 143.02
06/12/201956.8050BUY 145.37
06/10/201955.6000SELL 145.66
05/15/201954.7800BUY 143.80
05/13/201950.3100SELL 144.09
05/03/201946.4600BUY 133.33
05/01/201945.2900SELL 133.60
04/23/201944.8800BUY 132.66
04/08/201949.0900SELL 132.93
03/26/201944.8000BUY 121.56
03/05/201948.7600SELL 121.80
03/01/201950.4700BUY 126.32
02/21/201949.1500SELL 126.57
02/11/201948.1800BUY 124.32
02/06/201947.9450SELL 124.57
01/22/201943.5600BUY 113.40
01/11/201943.1300SELL 113.63
12/26/201837.8050BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
06/14/201956.0000SELL 183.01
06/12/201956.8050BUY 186.01
06/10/201955.6000SELL 186.38
05/15/201954.7800BUY 184.00
05/13/201950.3100SELL 184.37
05/03/201946.4600BUY 170.60
05/01/201945.2900SELL 170.94
04/23/201944.8800BUY 169.73
04/08/201949.0900SELL 170.07
03/26/201944.8000BUY 155.52
03/05/201948.7600SELL 155.83
03/01/201950.4700BUY 161.62
02/21/201949.1500SELL 161.94
02/11/201948.1800BUY 159.06
02/06/201947.9450SELL 159.38
01/22/201943.5600BUY 145.09
01/11/201943.1300SELL 145.38
12/26/201837.8050BUY 127.69
12/14/201841.8900SELL 127.95
11/16/201840.2600BUY 123.22
11/08/201837.2700SHORT 134.51
11/02/201838.2700BUY 138.67
10/19/201840.0380SHORT 133.34
10/16/201839.9700BUY 133.65
10/05/201842.7700SELL 133.92
08/21/201836.4500BUY 114.36
07/20/201843.8200SHORT 98.29
06/26/201844.3150BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
06/14/201956.0000SELL 578.67
06/12/201956.8050BUY 588.16
06/10/201955.6000SELL 589.34
05/15/201954.7800BUY 581.81
05/13/201950.3100SELL 582.98
05/03/201946.4600BUY 539.45
05/01/201945.2900SELL 540.53
04/23/201944.8800BUY 536.71
04/08/201949.0900SELL 537.79
03/26/201944.8000BUY 491.78
03/05/201948.7600SELL 492.77
03/01/201950.4700BUY 511.07
02/21/201949.1500SELL 512.09
02/11/201948.1800BUY 502.99
02/06/201947.9450SELL 504.00
01/22/201943.5600BUY 458.82
01/11/201943.1300SELL 459.74
12/26/201837.8050BUY 403.79
12/14/201841.8900SELL 404.60
11/16/201840.2600BUY 389.64
11/08/201837.2700SHORT 425.32
11/02/201838.2700BUY 438.48
10/19/201840.0380SHORT 421.62
10/16/201839.9700BUY 422.59
10/05/201842.7700SELL 423.44
08/21/201836.4500BUY 361.59
07/20/201843.8200SHORT 310.77
06/26/201844.3150BUY 315.54
06/06/201848.0000SELL 316.17
05/31/201845.3100BUY 299.05
05/25/201845.3300SELL 299.65
05/10/201842.4000BUY 280.84
05/08/201842.2350SELL 281.40
04/25/201840.3800BUY 269.58
04/23/201839.1400SELL 270.12
04/18/201837.3900BUY 258.56
04/16/201834.9800SHORT 278.81
04/10/201836.0700BUY 288.65
03/12/201841.2200SELL 289.23
03/01/201839.1500BUY 275.26
02/23/201840.4400SELL 275.81
02/12/201840.2400BUY 275.00
02/08/201838.6400SELL 275.55
01/19/201834.9000BUY 249.38
01/12/201835.4100SELL 249.88
12/21/201731.3000BUY 221.32
12/11/201731.3550SELL 221.76
11/16/201726.5500BUY 188.15
11/07/201727.9000SELL 188.53
11/03/201728.1300BUY 190.47
10/20/201727.2800SELL 190.85
10/17/201726.1700BUY 183.45
10/13/201725.4200SELL 183.82
09/25/201725.2500BUY 182.96
09/12/201724.2300SELL 183.33
08/22/201720.8550BUY 158.11
08/09/201720.9100SHORT 158.33
08/01/201724.0600BUY 182.91
07/27/201723.9550SELL 183.28
07/20/201723.5800BUY 180.77
07/17/201724.0600SELL 181.13
06/19/201713.2300BUY 99.80
† Trade commissions are taken as 0.20%.

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