Title
by Americanbulls.com LLC
Last Update
05/29/2020
PBI
PITNEY BOWES
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
2.3700
Change:
-0.1800
Percent change
-7.06%
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 2.5500, and our valid average selling price stands now at 2.5000. The previous BUY signal was issued on 05/20/2020, 9 days ago, when the stock price was 2.3700. Since then PBI has risen by +5.49%.
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⇨ 
05/29/20202.5000SELL 274.80
05/20/20202.3700BUY 261.03
05/04/20203.0900SELL 261.55
04/08/20201.9700BUY 167.08
03/31/20202.1800SHORT 153.01
03/26/20202.0750BUY 146.22
03/20/20202.6000SHORT 122.14
03/16/20202.6500BUY 124.99
03/05/20203.2700SHORT 105.49
02/28/20203.3300BUY 107.86
02/24/20203.6900SELL 108.08
02/20/20203.8100BUY 111.82
02/18/20203.7900SHORT 112.86
02/12/20204.0600BUY 121.38
02/07/20204.0100SELL 121.62
01/29/20203.7300BUY 113.35
01/22/20203.9900SELL 113.58
01/09/20203.9600BUY 112.95
12/27/20193.9900SHORT 112.56
12/24/20194.0650BUY 115.14
12/11/20194.8300SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/29/20202.5000SELL 597.31
05/20/20202.3700BUY 567.38
05/04/20203.0900SELL 568.52
04/08/20201.9700BUY 363.18
03/31/20202.1800SHORT 332.60
03/26/20202.0750BUY 317.85
03/20/20202.6000SHORT 265.51
03/16/20202.6500BUY 271.70
03/05/20203.2700SHORT 229.31
02/28/20203.3300BUY 234.45
02/24/20203.6900SELL 234.92
02/20/20203.8100BUY 243.05
02/18/20203.7900SHORT 245.32
02/12/20204.0600BUY 263.85
02/07/20204.0100SELL 264.38
01/29/20203.7300BUY 246.41
01/22/20203.9900SELL 246.90
01/09/20203.9600BUY 245.53
12/27/20193.9900SHORT 244.68
12/24/20194.0650BUY 250.28
12/11/20194.8300SHORT 216.93
11/21/20194.3150BUY 194.58
11/18/20194.8600SHORT 175.66
11/14/20194.9600BUY 179.99
11/07/20195.0800SELL 180.35
11/04/20194.6000BUY 163.64
10/30/20194.9050SHORT 154.68
10/07/20194.2600BUY 134.88
10/01/20194.4700SELL 135.15
09/20/20194.3800BUY 132.69
09/17/20194.4700SELL 132.96
09/04/20193.6400BUY 108.49
08/26/20193.5850SHORT 110.62
08/19/20193.5700BUY 110.60
08/09/20193.8750SHORT 102.94
08/08/20194.0100BUY 106.95
08/01/20193.8750SHORT 111.26
07/24/20193.9200BUY 113.00
07/08/20194.3350SELL 113.23
06/27/20194.1950BUY 109.79
06/17/20194.3100SHORT 107.37
06/04/20193.9900BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/29/20202.5000SELL 1,120.53
05/20/20202.3700BUY 1,064.39
05/04/20203.0900SELL 1,066.52
04/08/20201.9700BUY 681.31
03/31/20202.1800SHORT 623.94
03/26/20202.0750BUY 596.27
03/20/20202.6000SHORT 498.09
03/16/20202.6500BUY 509.71
03/05/20203.2700SHORT 430.19
02/28/20203.3300BUY 439.84
02/24/20203.6900SELL 440.72
02/20/20203.8100BUY 455.96
02/18/20203.7900SHORT 460.22
02/12/20204.0600BUY 494.98
02/07/20204.0100SELL 495.97
01/29/20203.7300BUY 462.26
01/22/20203.9900SELL 463.19
01/09/20203.9600BUY 460.63
12/27/20193.9900SHORT 459.03
12/24/20194.0650BUY 469.53
12/11/20194.8300SHORT 406.96
11/21/20194.3150BUY 365.03
11/18/20194.8600SHORT 329.54
11/14/20194.9600BUY 337.67
11/07/20195.0800SELL 338.35
11/04/20194.6000BUY 306.99
10/30/20194.9050SHORT 290.18
10/07/20194.2600BUY 253.03
10/01/20194.4700SELL 253.54
09/20/20194.3800BUY 248.93
09/17/20194.4700SELL 249.43
09/04/20193.6400BUY 203.52
08/26/20193.5850SHORT 207.52
08/19/20193.5700BUY 207.48
08/09/20193.8750SHORT 193.11
08/08/20194.0100BUY 200.64
08/01/20193.8750SHORT 208.72
07/24/20193.9200BUY 211.99
07/08/20194.3350SELL 212.41
06/27/20194.1950BUY 205.96
06/17/20194.3100SHORT 201.41
06/04/20193.9900BUY 187.20
05/08/20195.5400SHORT 146.86
05/06/20195.7400BUY 152.77
05/01/20196.2300SELL 153.08
04/29/20197.1600BUY 176.28
04/25/20197.0200SELL 176.63
04/16/20196.9100BUY 174.21
04/09/20196.7200SELL 174.56
04/05/20196.8100BUY 177.25
04/03/20196.8000SELL 177.61
03/28/20196.7800BUY 177.44
03/19/20196.8200SHORT 177.11
03/11/20196.6200BUY 172.61
03/01/20197.1700SELL 172.96
02/27/20197.4300BUY 179.59
02/13/20197.0300SELL 179.95
02/07/20196.8500BUY 175.69
02/01/20197.1800SELL 176.04
01/25/20197.0600BUY 173.44
01/18/20197.2700SELL 173.79
01/02/20196.0100BUY 143.96
12/07/20187.3900SHORT 121.79
11/23/20187.9400BUY 131.38
11/19/20187.9900SELL 131.64
11/14/20188.0500BUY 132.89
11/09/20188.0200SELL 133.16
11/01/20186.9400BUY 115.46
10/18/20187.0850SELL 115.69
10/16/20187.0900BUY 116.00
09/19/20187.4000SHORT 111.78
09/17/20187.2400BUY 109.80
09/07/20187.3200SHORT 109.05
09/05/20187.4000BUY 110.68
08/27/20188.0600SHORT 102.71
08/20/20188.2100BUY 105.04
08/01/20188.6500SHORT 100.36
07/24/20188.7400BUY 101.81
07/11/20189.0900SELL 102.01
07/02/20188.6000BUY 96.70
06/21/20189.5200SELL 96.89
06/19/20189.5800BUY 97.70
06/14/20189.2750SELL 97.90
06/04/20189.1000BUY 96.25
05/30/20188.8200SHORT 99.80
† Trade commissions are taken as 0.20%.

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