Title
by Americanbulls.com LLC
Last Update
04/24/2019
SOMMY
SUMITOMO CHEMICAL ADR REP 5
Last Signal: SELL
Last Pattern: BEARISH HANGING MAN*
Last Close:
24.1250
Change:
-0.4850
Percent change
-1.97%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HANGING MAN* pattern finally received a confirmation because the prices crossed below the confirmation level which was at 24.2000, and our valid average selling price stands now at 24.1450. The previous BUY signal was issued on 04/23/2019, 1 day ago, when the stock price was 24.4400. Since then SOMMY has fallen by -1.21%.
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 is not a new pattern. It is the last pattern that was confirmed previously which is still valid for reconfirmation.
Signal History
Date 
Price 
Signal 
 
$100⇨ 
04/24/201924.1450SELL 109.87
04/23/201924.4400BUY 111.44
04/09/201924.0900SELL 111.66
04/01/201923.8600BUY 110.82
03/28/201923.7000SELL 111.04
03/21/201924.2000BUY 113.61
02/28/201924.4940SELL 113.84
02/11/201923.7900BUY 110.79
02/01/201925.7500SELL 111.01
12/26/201823.0410BUY 99.53
12/07/201825.9650SELL 99.73
11/29/201826.7770BUY 103.06
11/16/201825.7180SELL 103.27
10/31/201824.8030BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/24/201924.1450SELL 102.12
04/23/201924.4400BUY 103.57
04/09/201924.0900SELL 103.78
04/01/201923.8600BUY 103.00
03/28/201923.7000SELL 103.21
03/21/201924.2000BUY 105.60
02/28/201924.4940SELL 105.81
02/11/201923.7900BUY 102.97
02/01/201925.7500SELL 103.18
12/26/201823.0410BUY 92.51
12/07/201825.9650SELL 92.70
11/29/201826.7770BUY 95.79
11/16/201825.7180SELL 95.98
10/31/201824.8030BUY 92.75
10/24/201824.8000SELL 92.94
10/16/201826.9900BUY 101.35
10/04/201829.1500SELL 101.55
09/25/201829.6400BUY 103.46
08/30/201828.8650SELL 103.67
08/21/201827.9600BUY 100.62
08/06/201828.7400SELL 100.82
07/17/201827.3600BUY 96.17
07/13/201827.3750SELL 96.36
07/09/201828.2950BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/24/201924.1450SELL 114.69
04/23/201924.4400BUY 116.32
04/09/201924.0900SELL 116.55
04/01/201923.8600BUY 115.67
03/28/201923.7000SELL 115.90
03/21/201924.2000BUY 118.58
02/28/201924.4940SELL 118.82
02/11/201923.7900BUY 115.64
02/01/201925.7500SELL 115.87
12/26/201823.0410BUY 103.89
12/07/201825.9650SELL 104.10
11/29/201826.7770BUY 107.57
11/16/201825.7180SELL 107.79
10/31/201824.8030BUY 104.16
10/24/201824.8000SELL 104.37
10/16/201826.9900BUY 113.81
10/04/201829.1500SELL 114.04
09/25/201829.6400BUY 116.19
08/30/201828.8650SELL 116.42
08/21/201827.9600BUY 113.00
08/06/201828.7400SELL 113.23
07/17/201827.3600BUY 108.01
07/13/201827.3750SELL 108.23
07/09/201828.2950BUY 112.09
05/23/201829.8500SELL 112.31
04/16/201828.9400BUY 109.10
04/06/201828.3645SELL 109.32
03/28/201828.6950BUY 110.82
02/22/201830.8530SELL 111.04
02/12/201830.3250BUY 109.36
01/24/201838.2700SELL 109.58
01/23/201838.8800BUY 111.55
01/18/201837.8650SELL 111.77
12/20/201736.4100BUY 107.69
11/27/201735.8500SELL 107.91
11/21/201736.2390BUY 109.30
11/17/201735.8170SELL 109.52
10/24/201734.9730BUY 107.15
10/18/201730.8700SELL 107.36
10/11/201731.2700BUY 108.97
09/21/201731.4600SELL 109.19
09/08/201730.2700BUY 105.27
09/06/201729.8500SELL 105.48
08/29/201730.3083BUY 107.31
08/24/201730.0040SELL 107.53
08/16/201729.4570BUY 105.78
08/03/201728.8800SELL 105.99
08/01/201729.9500BUY 110.14
07/25/201730.0500SELL 110.36
06/12/201727.1200BUY 99.80
† Trade commissions are taken as 0.20%.

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