Title
by Americanbulls.com LLC
Last Update
12/07/2018
CHIQ
GLOBAL X CHINA CONSUMER ETF
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
13.8100
Change:
-0.3100
Percent change
-2.20%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 14.4400, and our valid average selling price stands now at 13.9649. The previous BUY signal was issued on 11/26/2018, 11 days ago, when the stock price was 13.9600. Since then CHIQ has risen by +0.04%.
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 pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
12/07/201813.9649SELL 100.85
11/26/201813.9600BUY 101.02
11/19/201814.0351SELL 101.22
11/13/201813.7049BUY 99.04
11/09/201813.7051SELL 99.24
10/31/201813.4398BUY 97.51
10/24/201813.3049SHORT 98.90
10/22/201813.8551BUY 103.40
10/02/201815.0740SELL 103.61
09/26/201815.4600BUY 106.48
09/24/201815.3800SHORT 107.47
09/19/201815.0200BUY 105.38
09/04/201815.8010SELL 105.59
08/27/201816.0990BUY 107.80
08/23/201815.7610SHORT 110.60
08/17/201815.4506BUY 108.86
07/16/201817.4400SHORT 98.11
07/09/201817.6700BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/07/201813.9649SELL 123.79
11/26/201813.9600BUY 123.99
11/19/201814.0351SELL 124.24
11/13/201813.7049BUY 121.56
11/09/201813.7051SELL 121.80
10/31/201813.4398BUY 119.68
10/24/201813.3049SHORT 121.39
10/22/201813.8551BUY 126.92
10/02/201815.0740SELL 127.17
09/26/201815.4600BUY 130.69
09/24/201815.3800SHORT 131.90
09/19/201815.0200BUY 129.33
09/04/201815.8010SELL 129.59
08/27/201816.0990BUY 132.30
08/23/201815.7610SHORT 135.74
08/17/201815.4506BUY 133.60
07/16/201817.4400SHORT 120.40
07/09/201817.6700BUY 122.48
06/13/201819.6500SELL 122.73
05/31/201819.0050BUY 118.94
05/29/201819.0250SELL 119.18
05/01/201818.2599BUY 114.62
04/13/201818.9300SELL 114.85
04/05/201818.6000BUY 113.07
03/22/201819.1700SELL 113.30
03/20/201819.5800BUY 115.96
03/13/201819.9200SELL 116.19
03/08/201819.2800BUY 112.68
02/27/201819.6100SELL 112.91
02/13/201818.1700BUY 104.83
02/01/201819.4500SELL 105.04
01/22/201819.4600BUY 105.30
01/10/201819.2600SELL 105.51
01/08/201819.2800BUY 105.83
01/04/201819.1500SELL 106.04
01/02/201818.8700BUY 104.70
12/28/201718.5100SELL 104.91
12/08/201717.5726BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/07/201813.9649SELL 165.93
11/26/201813.9600BUY 166.20
11/19/201814.0351SELL 166.53
11/13/201813.7049BUY 162.94
11/09/201813.7051SELL 163.27
10/31/201813.4398BUY 160.43
10/24/201813.3049SHORT 162.72
10/22/201813.8551BUY 170.13
10/02/201815.0740SELL 170.47
09/26/201815.4600BUY 175.19
09/24/201815.3800SHORT 176.81
09/19/201815.0200BUY 173.36
09/04/201815.8010SELL 173.71
08/27/201816.0990BUY 177.34
08/23/201815.7610SHORT 181.95
08/17/201815.4506BUY 179.08
07/16/201817.4400SHORT 161.39
07/09/201817.6700BUY 164.17
06/13/201819.6500SELL 164.50
05/31/201819.0050BUY 159.42
05/29/201819.0250SELL 159.74
05/01/201818.2599BUY 153.62
04/13/201818.9300SELL 153.93
04/05/201818.6000BUY 151.55
03/22/201819.1700SELL 151.85
03/20/201819.5800BUY 155.41
03/13/201819.9200SELL 155.72
03/08/201819.2800BUY 151.02
02/27/201819.6100SELL 151.32
02/13/201818.1700BUY 140.49
02/01/201819.4500SELL 140.77
01/22/201819.4600BUY 141.12
01/10/201819.2600SELL 141.40
01/08/201819.2800BUY 141.83
01/04/201819.1500SELL 142.11
01/02/201818.8700BUY 140.31
12/28/201718.5100SELL 140.59
12/08/201717.5726BUY 133.74
11/27/201718.0000SELL 134.01
11/16/201717.9792BUY 134.12
11/10/201717.8900SELL 134.39
11/02/201717.5500BUY 132.10
10/19/201717.4900SELL 132.36
10/16/201717.9400BUY 136.04
10/12/201717.8800SELL 136.31
09/27/201717.0178BUY 130.00
09/22/201717.2510SELL 130.26
08/15/201715.5361BUY 117.55
08/11/201715.3227SELL 117.79
08/04/201715.3600BUY 118.31
07/21/201715.3700SELL 118.55
07/19/201715.5200BUY 119.95
07/17/201715.3110SELL 120.19
07/07/201714.8450BUY 116.77
06/30/201714.7450SELL 117.00
04/17/201713.2495BUY 105.34
03/31/201713.2867SELL 105.55
03/10/201713.0200BUY 103.64
02/28/201712.7900SELL 103.85
02/22/201712.9300BUY 105.20
02/16/201712.6800SELL 105.41
02/08/201712.4500BUY 103.71
01/30/201712.1075SELL 103.92
01/19/201711.9847BUY 103.07
01/13/201711.8000SELL 103.28
01/04/201711.3800BUY 99.80
† Trade commissions are taken as 0.20%.

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