Title
by Americanbulls.com LLC
Last Update
02/22/2019
MCF
CONTANGO OIL AND GAS
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
3.4300
Change:
-0.3000
Percent change
-8.04%
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 3.7300, and our valid average selling price stands now at 3.6900. The previous BUY signal was issued on 02/13/2019, 9 days ago, when the stock price was 3.7800. Since then MCF has fallen by -2.38%.
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⇨ 
02/22/20193.6900SELL 178.60
02/13/20193.7800BUY 183.32
02/01/20193.7600SELL 183.69
12/26/20183.1000BUY 151.75
12/06/20184.0100SHORT 124.18
11/29/20184.0700BUY 126.54
11/13/20184.7500SHORT 111.14
11/08/20184.8500BUY 113.94
10/10/20186.6200SELL 114.17
10/03/20186.3600BUY 109.91
09/17/20186.2200SELL 110.13
09/11/20186.1300BUY 108.75
09/05/20186.6300SELL 108.97
08/29/20186.0600BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/22/20193.6900SELL 337.68
02/13/20193.7800BUY 346.61
02/01/20193.7600SELL 347.30
12/26/20183.1000BUY 286.91
12/06/20184.0100SHORT 234.78
11/29/20184.0700BUY 239.25
11/13/20184.7500SHORT 210.13
11/08/20184.8500BUY 215.41
10/10/20186.6200SELL 215.84
10/03/20186.3600BUY 207.78
09/17/20186.2200SELL 208.20
09/11/20186.1300BUY 205.60
09/05/20186.6300SELL 206.01
08/29/20186.0600BUY 188.68
08/24/20185.8850SELL 189.06
08/14/20184.7500BUY 152.90
07/25/20185.7800SELL 153.21
07/09/20185.9100BUY 156.97
06/25/20185.5700SELL 157.28
06/07/20184.2850BUY 121.24
05/23/20184.6700SELL 121.48
05/11/20183.7500BUY 97.74
05/04/20183.7250SELL 97.94
05/02/20183.8100BUY 100.38
04/30/20183.7800SELL 100.58
04/12/20183.4000BUY 90.65
03/20/20183.5300SELL 90.83
03/16/20183.6300BUY 93.59
03/09/20183.4200SELL 93.78
03/05/20183.2800BUY 90.12
02/28/20183.0000SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/22/20193.6900SELL 1,061.81
02/13/20193.7800BUY 1,089.89
02/01/20193.7600SELL 1,092.07
12/26/20183.1000BUY 902.18
12/06/20184.0100SHORT 738.26
11/29/20184.0700BUY 752.31
11/13/20184.7500SHORT 660.74
11/08/20184.8500BUY 677.36
10/10/20186.6200SELL 678.72
10/03/20186.3600BUY 653.37
09/17/20186.2200SELL 654.68
09/11/20186.1300BUY 646.50
09/05/20186.6300SELL 647.80
08/29/20186.0600BUY 593.29
08/24/20185.8850SELL 594.48
08/14/20184.7500BUY 480.79
07/25/20185.7800SELL 481.75
07/09/20185.9100BUY 493.57
06/25/20185.5700SELL 494.56
06/07/20184.2850BUY 381.23
05/23/20184.6700SELL 381.99
05/11/20183.7500BUY 307.35
05/04/20183.7250SELL 307.97
05/02/20183.8100BUY 315.63
04/30/20183.7800SELL 316.26
04/12/20183.4000BUY 285.04
03/20/20183.5300SELL 285.61
03/16/20183.6300BUY 294.29
03/09/20183.4200SELL 294.88
03/05/20183.2800BUY 283.38
02/28/20183.0000SHORT 313.80
02/12/20183.2000BUY 336.06
01/24/20185.5400SELL 336.73
12/19/20173.8200BUY 232.65
12/15/20173.3400SELL 233.12
12/08/20172.7000BUY 188.83
12/06/20172.5900SHORT 198.00
12/01/20172.5100BUY 192.65
11/08/20173.9600SHORT 141.58
11/03/20174.1500BUY 148.97
10/31/20173.9900SHORT 155.82
10/27/20174.0100BUY 157.23
10/19/20174.6300SHORT 139.22
09/18/20174.2800BUY 129.21
08/01/20175.9900SHORT 100.92
07/26/20175.8600BUY 99.13
07/18/20176.2200SHORT 94.08
06/09/20176.3600BUY 96.58
05/16/20177.2000SHORT 86.84
05/05/20177.3500BUY 89.00
04/28/20177.4200SELL 89.18
04/25/20177.6900BUY 92.61
04/13/20177.4200SELL 92.80
03/29/20177.3900BUY 92.61
03/23/20176.7400SHORT 102.91
03/20/20176.5100BUY 99.80
† Trade commissions are taken as 0.20%.

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