BFI (NASDAQ)

BFI NASDAQ

BurgerFi International

STAY SHORT

0.0830

Prev.Close

0.1481

Change

-0.0651

Change%

-43.96%

BULLISH THREE GAP DOWNS

Sold at

0.1408

Open

0.1174

High

0.1277

Low

0.0830

Gain%

-41.05%

Signal History

Date	Price	Signal	Change%		$100⇨
09/13	0.1408	SHORT	-41.1%	✔	307
09/05	0.1458	BUY	-3.4%	❌	319
08/26	0.2089	SHORT	-30.2%	✔	246
08/22	0.2211	BUY	-5.5%	❌	261
08/02	0.5006	SELL	-55.8%	✔	262
07/26	0.3394	BUY	+47.5%	✔ 👍	178
07/19	0.2108	SELL	+61.0%	❌	178
07/08	0.1845	BUY	+14.3%	✔ 👍	156
06/13	0.2478	SHORT	-25.5%	✔	125
06/11	0.2483	BUY	-0.2%	❌	126
05/17	0.3940	SHORT	-37.0%	✔	92
05/15	0.4070	BUY	-3.2%	❌	96
05/08	0.4000	SHORT	+1.8%	❌	98
04/29	0.4071	BUY	-1.7%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 09/13/2024, 7 days ago, when the stock price was 0.1408. Since then BFI has fallen by -41.05%.

Market Outlook

With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY SHORT, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.

Pattern Description

This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...

Date	Price	Signal	Change%		$100⇨
09/13	0.1408	SHORT	-41.1%	✔	1,973
09/05	0.1458	BUY	-3.4%	❌	2,051
08/26	0.2089	SHORT	-30.2%	✔	1,581
08/22	0.2211	BUY	-5.5%	❌	1,680
08/02	0.5006	SELL	-55.8%	✔	1,684
07/26	0.3394	BUY	+47.5%	✔ 👍	1,144
07/19	0.2108	SELL	+61.0%	❌	1,146
07/08	0.1845	BUY	+14.3%	✔ 👍	1,005
06/13	0.2478	SHORT	-25.5%	✔	804
06/11	0.2483	BUY	-0.2%	❌	809
05/17	0.3940	SHORT	-37.0%	✔	593
05/15	0.4070	BUY	-3.2%	❌	615
05/08	0.4000	SHORT	+1.8%	❌	628
04/29	0.4071	BUY	-1.7%	❌	642
04/02	0.5729	SHORT	-28.9%	✔	500
03/26	0.6200	BUY	-7.6%	❌	543
03/05	0.6217	SELL	-0.3%	✔	544
02/29	0.6080	BUY	+2.3%	✔	533
02/23	0.6501	SELL	-6.5%	✔	534
02/12	0.6040	BUY	+7.6%	✔	497
01/31	0.6450	SHORT	-6.4%	✔	470
01/29	0.6790	BUY	-5.0%	❌	496
01/23	0.6750	SHORT	+0.6%	❌	501
01/18	0.7105	BUY	-5.0%	❌	530
01/10	0.7742	SHORT	-8.2%	✔	491
01/05	0.7997	BUY	-3.2%	❌	510
01/03	0.8140	SHORT	-1.8%	✔	503
12/27	0.8801	BUY	-7.5%	❌	546
12/18	0.8887	SHORT	-1.0%	✔	543
12/14	0.9400	BUY	-5.5%	❌	577
11/28	1.0900	SELL	-13.8%	✔	578
10/31	1.0100	BUY	+7.9%	✔	536
10/13	1.0700	SHORT	-5.6%	✔	510
10/11	1.1400	BUY	-6.1%	❌	545
10/06	1.1100	SHORT	+2.7%	❌	563
09/28	1.1400	BUY	-2.6%	❌	580
09/19	1.2200	SHORT	-6.6%	✔	547
09/15	1.2600	BUY	-3.2%	❌	567
09/05	1.4800	SHORT	-14.9%	✔	496
08/28	1.4300	BUY	+3.5%	✔	481