Title
by Americanbulls.com LLC
Last Update
21/09/2020
ACD.TO
ACCORD FINANCIAL
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
5.8300
Change:
+0.0300
Percent change
+0.52%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 5.8900, and our valid average selling price stands now at 5.8700. The previous BUY signal was issued on 16/09/2020, 5 days ago, when the stock price was 5.8500. Since then ACD.TO has risen by +0.34%.
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 a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
21/09/20205.8700SELL 126.95
16/09/20205.8500BUY 126.83
01/09/20206.0300SHORT 123.77
25/08/20206.0600BUY 125.01
21/08/20205.8500SHORT 130.32
13/08/20205.9750BUY 133.77
15/07/20206.4300SHORT 125.56
13/07/20206.6100BUY 129.72
07/07/20206.7100SELL 130.05
02/07/20206.4700BUY 125.71
19/06/20206.3900SELL 126.03
15/06/20206.3450BUY 125.46
08/06/20206.3800SELL 125.77
21/05/20206.1500BUY 121.54
13/05/20205.5800SELL 121.84
07/05/20205.6700BUY 124.12
04/05/20205.2800SELL 124.43
27/04/20204.5650BUY 107.85
14/04/20204.8900SELL 108.12
08/04/20204.5000BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
21/09/20205.8700SELL 189.73
16/09/20205.8500BUY 189.56
01/09/20206.0300SHORT 184.99
25/08/20206.0600BUY 186.84
21/08/20205.8500SHORT 194.77
13/08/20205.9750BUY 199.93
15/07/20206.4300SHORT 187.65
13/07/20206.6100BUY 193.87
07/07/20206.7100SELL 194.36
02/07/20206.4700BUY 187.88
19/06/20206.3900SELL 188.35
15/06/20206.3450BUY 187.49
08/06/20206.3800SELL 187.96
21/05/20206.1500BUY 181.64
13/05/20205.5800SELL 182.10
07/05/20205.6700BUY 185.50
04/05/20205.2800SELL 185.96
27/04/20204.5650BUY 161.18
14/04/20204.8900SELL 161.58
08/04/20204.5000BUY 149.07
03/03/20208.6800SHORT 101.12
28/02/20208.5200BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
21/09/20205.8700SELL 189.73
16/09/20205.8500BUY 189.56
01/09/20206.0300SHORT 184.99
25/08/20206.0600BUY 186.84
21/08/20205.8500SHORT 194.77
13/08/20205.9750BUY 199.93
15/07/20206.4300SHORT 187.65
13/07/20206.6100BUY 193.87
07/07/20206.7100SELL 194.36
02/07/20206.4700BUY 187.88
19/06/20206.3900SELL 188.35
15/06/20206.3450BUY 187.49
08/06/20206.3800SELL 187.96
21/05/20206.1500BUY 181.64
13/05/20205.5800SELL 182.10
07/05/20205.6700BUY 185.50
04/05/20205.2800SELL 185.96
27/04/20204.5650BUY 161.18
14/04/20204.8900SELL 161.58
08/04/20204.5000BUY 149.07
03/03/20208.6800SHORT 101.12
28/02/20208.5200BUY 99.75
† Trade commissions are taken as 0.25%.

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