PRE NASDAQ
Prenetics Global Class A
SELL
Close
8.0600
Prev.Close
8.4200
Change
-0.3600
Change%
-4.28%
BEARISH SHOOTING STAR
Sold at
8.3017
Open
8.5000
High
8.6000
Low
7.8400
Close
8.0600
Gain%
-2.91%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to SELL. The BEARISH SHOOTING STAR pattern has finally received confirmation because the prices crossed below the confirmation level at 8.3517, and our valid average selling price now stands at 8.3017. The previous BUY signal was issued on 07/08/2025, 9 days ago, when the stock price was 8.1100. Since then, PRE has risen by +2.36%.
Market Outlook
We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.
Pattern Description
This pattern consists of a bullish (white) body followed by an Inverted Hammer, characterized by a long upper shadow and a small body. It is similar in appearance to the Bullish Inverted Hammer pattern. However, unlike the Bullish Inverted Hammer, the Shooting Star appears during an uptrend and signals a bearish reversal. more...
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