by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
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 21.8700, and our valid average selling price stands now at 21.8200. The previous BUY signal was issued on 16/09/2020, 5 days ago, when the stock price was 23.1600. Since then MAG.TO has fallen by -5.79%.
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
21/09/202021.8200SELL 108.45
16/09/202023.1600BUY 115.40
02/09/202021.3500SHORT 126.72
28/08/202021.0800BUY 125.75
06/08/202022.4000SELL 126.07
15/07/202020.5100BUY 115.72
13/07/202020.0900SELL 116.01
22/06/202017.2400BUY 99.80
18/06/202016.1900SHORT 107.26
10/06/202016.9000BUY 112.53
03/06/202016.6600SHORT 114.75
15/05/202016.9800BUY 117.54
12/05/202015.8400SELL 117.83
28/04/202016.4300BUY 122.53
24/04/202013.6300SELL 122.84
06/04/202011.0400BUY 99.75
† Trade commissions are taken as 0.25%.
21/09/202021.8200SELL 210.75
16/09/202023.1600BUY 224.25
02/09/202021.3500SHORT 246.25
28/08/202021.0800BUY 244.36
06/08/202022.4000SELL 244.97
15/07/202020.5100BUY 224.86
13/07/202020.0900SELL 225.42
22/06/202017.2400BUY 193.93
18/06/202016.1900SHORT 208.42
10/06/202016.9000BUY 218.65
03/06/202016.6600SHORT 222.96
15/05/202016.9800BUY 228.38
12/05/202015.8400SELL 228.95
28/04/202016.4300BUY 238.07
24/04/202013.6300SELL 238.67
06/04/202011.0400BUY 193.80
27/03/202012.5200SELL 194.29
17/03/20208.1800BUY 127.26
06/03/202012.1700SHORT 96.32
03/03/202012.7800BUY 101.66
26/02/202014.6600SELL 101.91
18/02/202014.0200BUY 97.71
07/02/202013.7700SHORT 100.02
31/01/202014.4200BUY 105.27
28/01/202014.2400SHORT 107.15
21/01/202014.1150BUY 106.74
02/01/202015.2400SELL 107.01
24/12/201914.8300BUY 104.39
20/12/201914.0500SHORT 111.08
11/12/201914.1300BUY 112.27
04/12/201913.9500SELL 112.55
27/11/201913.5800BUY 109.84
21/11/201913.2100SELL 110.12
08/11/201912.7000BUY 106.13
05/11/201912.5000SHORT 108.40
31/10/201912.7900BUY 111.47
26/09/201915.3400SHORT 96.06
24/09/201915.8500BUY 99.75
† Trade commissions are taken as 0.25%.
21/09/202021.8200SELL 336.60
16/09/202023.1600BUY 358.17
02/09/202021.3500SHORT 393.31
28/08/202021.0800BUY 390.29
06/08/202022.4000SELL 391.27
15/07/202020.5100BUY 359.15
13/07/202020.0900SELL 360.05
22/06/202017.2400BUY 309.75
18/06/202016.1900SHORT 332.89
10/06/202016.9000BUY 349.23
03/06/202016.6600SHORT 356.11
15/05/202016.9800BUY 364.77
12/05/202015.8400SELL 365.68
28/04/202016.4300BUY 380.25
24/04/202013.6300SELL 381.20
06/04/202011.0400BUY 309.54
27/03/202012.5200SELL 310.32
17/03/20208.1800BUY 203.26
06/03/202012.1700SHORT 153.84
03/03/202012.7800BUY 162.36
26/02/202014.6600SELL 162.77
18/02/202014.0200BUY 156.05
07/02/202013.7700SHORT 159.73
31/01/202014.4200BUY 168.11
28/01/202014.2400SHORT 171.12
21/01/202014.1150BUY 170.47
02/01/202015.2400SELL 170.90
24/12/201914.8300BUY 166.72
20/12/201914.0500SHORT 177.41
11/12/201914.1300BUY 179.32
04/12/201913.9500SELL 179.77
27/11/201913.5800BUY 175.44
21/11/201913.2100SELL 175.88
08/11/201912.7000BUY 169.51
05/11/201912.5000SHORT 173.13
31/10/201912.7900BUY 178.04
26/09/201915.3400SHORT 153.43
24/09/201915.8500BUY 159.33
20/09/201914.9300SHORT 170.64
17/09/201915.4800BUY 177.81
29/08/201917.4600SELL 178.26
21/08/201915.9100BUY 162.84
13/08/201915.7700SELL 163.25
29/07/201915.0700BUY 156.39
23/07/201914.7300SHORT 160.89
17/07/201914.1800BUY 155.66
27/06/201913.9700SHORT 158.83
24/06/201915.3100BUY 174.94
06/06/201914.9400SELL 175.38
31/05/201913.1300BUY 154.52
15/05/201912.7900SELL 154.91
13/05/201912.9900BUY 157.73
29/04/201913.1300SHORT 156.85
24/04/201912.4200BUY 149.11
27/03/201915.0600SELL 149.48
05/03/201912.6600BUY 125.97
27/02/201913.0500SELL 126.29
13/02/201911.5600BUY 112.15
04/02/201911.5700SELL 112.43
30/01/201911.4400BUY 111.45
15/01/201910.8200SELL 111.73
27/12/20189.5600BUY 98.97
19/12/20189.1300SELL 99.22
13/12/20189.1600BUY 99.80
11/12/20188.9900SELL 100.05
07/12/20189.0800BUY 101.30
22/11/20189.5700SELL 101.55
15/11/20189.0800BUY 96.59
07/11/20189.2000SHORT 95.82
01/11/20189.7000BUY 101.53
22/10/201810.2800SELL 101.78
10/10/201810.0500BUY 99.75
† Trade commissions are taken as 0.25%.


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