Title
by Americanbulls.com LLC
Last Update
03/27/2020
MAG
MAG SILVER
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
8.6500
Change:
-0.6800
Percent change
-7.29%
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 9.3300, and our valid average selling price stands now at 8.9400. The previous BUY signal was issued on 03/17/2020, 10 days ago, when the stock price was 5.8600. Since then MAG has risen by +52.56%.
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⇨ 
03/27/20208.9400SELL 248.66
03/17/20205.8600BUY 163.32
03/06/20209.0700SHORT 121.11
03/03/20209.5100BUY 127.49
02/26/202011.0500SELL 127.75
02/18/202010.5600BUY 122.33
01/23/202010.9400SHORT 118.70
01/21/202010.8500BUY 118.20
01/06/202011.3400SELL 118.44
11/26/201910.2500BUY 107.27
11/21/201910.2700SELL 107.48
10/23/20199.4500BUY 99.10
10/21/20199.6050SHORT 97.92
10/17/20199.7500BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/20208.9400SELL 357.04
03/17/20205.8600BUY 234.50
03/06/20209.0700SHORT 173.90
03/03/20209.5100BUY 183.07
02/26/202011.0500SELL 183.44
02/18/202010.5600BUY 175.66
01/23/202010.9400SHORT 170.44
01/21/202010.8500BUY 169.72
01/06/202011.3400SELL 170.06
11/26/201910.2500BUY 154.02
11/21/201910.2700SELL 154.33
10/23/20199.4500BUY 142.29
10/21/20199.6050SHORT 140.59
10/17/20199.7500BUY 143.28
09/26/201911.5800SHORT 124.22
09/23/201911.6100BUY 125.04
09/13/201911.1500SHORT 130.94
09/11/201911.7100BUY 138.07
08/29/201913.1500SELL 138.35
08/20/201911.6300BUY 122.60
08/13/201911.9000SELL 122.85
07/29/201911.4200BUY 118.13
07/23/201911.2900SELL 118.37
07/17/201910.9500BUY 115.04
06/25/201910.8800SELL 115.27
06/17/201911.1300BUY 118.16
06/07/201911.0500SELL 118.40
05/28/20199.3100BUY 99.96
05/10/20199.3900SHORT 99.51
05/07/20199.5350BUY 101.45
05/01/20199.7000SELL 101.65
04/24/20199.2400BUY 97.02
04/16/20199.5000SHORT 94.81
04/04/20199.9600BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/20208.9400SELL 807.10
03/17/20205.8600BUY 530.10
03/06/20209.0700SHORT 393.10
03/03/20209.5100BUY 413.82
02/26/202011.0500SELL 414.65
02/18/202010.5600BUY 397.06
01/23/202010.9400SHORT 385.27
01/21/202010.8500BUY 383.63
01/06/202011.3400SELL 384.40
11/26/201910.2500BUY 348.15
11/21/201910.2700SELL 348.85
10/23/20199.4500BUY 321.64
10/21/20199.6050SHORT 317.80
10/17/20199.7500BUY 323.89
09/26/201911.5800SHORT 280.81
09/23/201911.6100BUY 282.67
09/13/201911.1500SHORT 296.02
09/11/201911.7100BUY 312.13
08/29/201913.1500SELL 312.76
08/20/201911.6300BUY 277.16
08/13/201911.9000SELL 277.72
07/29/201911.4200BUY 267.05
07/23/201911.2900SELL 267.59
07/17/201910.9500BUY 260.05
06/25/201910.8800SELL 260.57
06/17/201911.1300BUY 267.09
06/07/201911.0500SELL 267.63
05/28/20199.3100BUY 225.94
05/10/20199.3900SHORT 224.93
05/07/20199.5350BUY 229.32
05/01/20199.7000SELL 229.78
04/24/20199.2400BUY 219.32
04/16/20199.5000SHORT 214.33
04/04/20199.9600BUY 225.61
03/28/201910.7100SELL 226.06
03/08/20199.7800BUY 206.84
03/01/20199.5600SELL 207.25
02/13/20198.7400BUY 189.85
02/04/20198.8600SELL 190.23
01/23/20197.5500BUY 162.43
01/16/20198.0100SELL 162.76
12/26/20187.0600BUY 143.74
12/19/20186.8300SELL 144.03
11/28/20186.7100BUY 141.78
11/20/20187.2700SHORT 132.17
11/14/20186.2800BUY 114.63
10/22/20187.8800SELL 114.86
10/08/20187.8300BUY 114.36
10/03/20187.8200SELL 114.59
10/01/20188.1500BUY 119.66
09/26/20187.7700SELL 119.90
09/12/20187.2550BUY 112.18
08/30/20187.7500SHORT 105.87
08/27/20188.0300BUY 110.14
08/14/20188.6400SHORT 103.29
08/10/20188.9950BUY 107.97
08/07/20189.1000SHORT 107.17
08/03/20189.4000BUY 111.15
07/10/201810.5900SHORT 100.32
07/03/201810.8900BUY 103.58
06/27/201810.8300SHORT 104.57
06/22/201811.2200BUY 108.77
06/20/201811.0600SHORT 110.81
06/13/201811.2000BUY 112.66
06/08/201811.3000SHORT 112.12
06/06/201811.4600BUY 114.16
05/31/201811.6700SELL 114.39
05/14/201811.1100BUY 109.12
04/23/201811.3950SELL 109.34
04/05/201810.3800BUY 99.80
† Trade commissions are taken as 0.20%.

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