MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how ETFDAX displayed a rally after the BUY signal which was issued on 29/11/2024. Since then, the gain in this stock stretched to a whopping 3%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
20/12/2024
 
ETFDAX
 
Last Signal
SELL
2203
Sell Level
795.90
Sold at
793.71
Close
779.00
Gain%
-1.85
Bought on
20/12/2024
 
RVU
 
Last Signal
BUY
2102
Buy Level
37.35
Bought at
38.22
Close
39.50
Gain%
3.35
Bought on
19/12/2024
 
06N
 
Last Signal
STAY LONG
0
 
Bought at
2.6150
Close
2.6350
Gain%
0.76
Sold on
19/12/2024
 
EQU
 
Equnico
 
Last Signal
STAY IN CASH
0
 
Sold at
0.8550
Close
0.8400
Gain%
-1.75
Sold on
19/12/2024
 
IMC
 
IMC
 
Last Signal
STAY IN CASH
2102
Buy Level
16.30
Sold at
15.83
Close
16.30
Loss%
2.97
Bought on
19/12/2024
 
TOW
 
Last Signal
STAY LONG
0
 
Bought at
2.5800
Close
2.5000
Loss%
-3.10
Sold on
18/12/2024
 
CMP
 
Comp
 
Last Signal
STAY IN CASH
0
 
Sold at
138.50
Close
136.50
Gain%
-1.44
Bought on
18/12/2024
 
CTE
 
Last Signal
STAY LONG
2208
Sell Level
0.0408
Bought at
0.0442
Close
0.0424
Loss%
-4.07
Sold on
18/12/2024
 
GPH
 
Last Signal
STAY IN CASH
2101
Buy Level
1.0800
Sold at
1.1330
Close
1.0800
Gain%
-4.68
Bought on
18/12/2024
 
SNX
 
Sunex
 
Last Signal
STAY LONG
2202
Sell Level
6.0400
Bought at
5.7750
Close
6.0400
Gain%
4.59
Sold on
17/12/2024
 
FVE
 
Last Signal
STAY IN CASH
1101
Buy Level
0.6450
Sold at
0.7100
Close
0.6250
Gain%
-11.97
Sold on
17/12/2024
 
PAC
 
Proacta
 
Last Signal
STAY IN CASH
1101
Buy Level
0.9560
Sold at
0.9400
Close
0.9220
Gain%
-1.91
Bought on
17/12/2024
 
PCF
 
Last Signal
SHORT
2208
Sell Level
8.1900
Bought at
7.9000
Close
7.9800
Gain%
1.01
Sold on
16/12/2024
 
ANR
 
Last Signal
STAY IN CASH
0
 
Sold at
27.20
Close
26.40
Gain%
-2.94
Sold on
16/12/2024
 
ECH
 
Last Signal
BUY
2106
Buy Level
4.6100
Sold at
4.8400
Close
4.8600
Loss%
0.41
Sold on
13/12/2024
 
DNP
 
Last Signal
STAY IN CASH
2106
Buy Level
403.55
Sold at
404.40
Close
395.60
Gain%
-2.18
Bought on
13/12/2024
 
MRB
 
Mirbud
 
Last Signal
STAY LONG
2202
Sell Level
10.90
Bought at
10.86
Close
12.14
Gain%
11.79
Bought on
13/12/2024
 
RAE
 
Raen
 
Last Signal
STAY LONG
2203
Sell Level
0.4170
Bought at
0.4200
Close
0.4170
Loss%
-0.71
Sold on
13/12/2024
 
XPL
 
Xplus
 
Last Signal
STAY IN CASH
2101
Buy Level
1.9300
Sold at
1.8400
Close
1.9300
Loss%
4.89
Sold on
12/12/2024
 
NWG
 
Newag
 
Last Signal
STAY IN CASH
2101
Buy Level
39.50
Sold at
40.19
Close
39.50
Gain%
-1.72
Bought on
11/12/2024
 
WRL
 
Last Signal
STAY LONG
2201
Sell Level
0.5350
Bought at
0.6060
Close
0.5250
Loss%
-13.37
Bought on
10/12/2024
 
TLG
 
Last Signal
STAY LONG
2211
Sell Level
0.3460
Bought at
0.3580
Close
0.3780
Gain%
5.59
Sold on
02/12/2024
 
FON
 
Fon
 
Last Signal
STAY IN CASH
2101
Buy Level
6.2200
Sold at
6.3800
Close
6.1000
Gain%
-4.39
Sold on
29/11/2024
 
MAB
 
Mabion
 
Last Signal
STAY SHORT
2102
Buy Level
10.16
Sold at
12.10
Close
8.5600
Gain%
-29.26
Sold on
04/11/2024
 
NOV
 
Last Signal
STAY SHORT
0
 
Sold at
1.3070
Close
1.0820
Gain%
-17.21
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