Title
by Americanbulls.com LLC
Last Update
2022-05-24
3711.TW
ASEH
Last Signal: SELL
Last Pattern: BEARISH MEETING LINE
Last Close:
96.6000
Change:
-0.9000
Percent change
-0.92%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 97.5000, and our valid average selling price stands now at 97.1200. The previous BUY signal was issued on 2022-05-17, 7 days ago, when the stock price was 95.8700. Since then 3711.TW has risen by +1.30%.
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 pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
TWD100⇨ 
2022-05-2497.1200SELL 81.92
2022-05-1795.8700BUY 81.27
2022-05-1294.2300SELL 81.68
2022-05-0598.1700BUY 85.52
2022-04-2695.0000SELL 85.95
2022-04-2099.2000BUY 90.20
2022-03-22104.5000SELL 90.65
2022-03-17102.3900BUY 89.27
2022-03-1598.9500SELL 89.72
2022-03-0997.4700BUY 88.82
2022-02-23102.6000SELL 89.27
2022-02-17103.4000BUY 90.42
2022-01-2698.8000SELL 90.87
2022-01-17107.0000BUY 98.91
2022-01-07108.0000SELL 99.41
2021-12-24104.5000BUY 96.67
2021-12-07105.5000SELL 97.16
2021-12-03107.5000BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
TWD100⇨ 
2022-05-2497.1200SELL 94.25
2022-05-1795.8700BUY 93.50
2022-05-1294.2300SELL 93.97
2022-05-0598.1700BUY 98.39
2022-04-2695.0000SELL 98.88
2022-04-2099.2000BUY 103.77
2022-03-22104.5000SELL 104.29
2022-03-17102.3900BUY 102.70
2022-03-1598.9500SELL 103.22
2022-03-0997.4700BUY 102.19
2022-02-23102.6000SELL 102.70
2022-02-17103.4000BUY 104.02
2022-01-2698.8000SELL 104.54
2022-01-17107.0000BUY 113.78
2022-01-07108.0000SELL 114.35
2021-12-24104.5000BUY 111.20
2021-12-07105.5000SELL 111.76
2021-12-03107.5000BUY 114.45
2021-11-24104.0000SELL 115.03
2021-11-0599.3300BUY 110.42
2021-11-0199.3200SELL 110.97
2021-10-1596.2000BUY 108.02
2021-09-16123.0000SELL 108.56
2021-09-09121.0000BUY 107.33
2021-09-02126.0000SELL 107.87
2021-08-23118.0000BUY 101.53
2021-08-10127.5000SELL 102.04
2021-07-30119.0000BUY 95.72
2021-07-23117.0000SELL 96.20
2021-07-13114.0000BUY 94.20
2021-06-28112.5000SELL 94.67
2021-06-23114.5000BUY 96.84
2021-06-16116.5000SELL 97.33
2021-06-11118.5000BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
TWD100⇨ 
2022-05-2497.1200SELL 177.22
2022-05-1795.8700BUY 175.82
2022-05-1294.2300SELL 176.70
2022-05-0598.1700BUY 185.01
2022-04-2695.0000SELL 185.94
2022-04-2099.2000BUY 195.14
2022-03-22104.5000SELL 196.12
2022-03-17102.3900BUY 193.13
2022-03-1598.9500SELL 194.10
2022-03-0997.4700BUY 192.16
2022-02-23102.6000SELL 193.13
2022-02-17103.4000BUY 195.61
2022-01-2698.8000SELL 196.59
2022-01-17107.0000BUY 213.98
2022-01-07108.0000SELL 215.06
2021-12-24104.5000BUY 209.14
2021-12-07105.5000SELL 210.19
2021-12-03107.5000BUY 215.25
2021-11-24104.0000SELL 216.33
2021-11-0599.3300BUY 207.65
2021-11-0199.3200SELL 208.69
2021-10-1596.2000BUY 203.15
2021-09-16123.0000SELL 204.17
2021-09-09121.0000BUY 201.86
2021-09-02126.0000SELL 202.87
2021-08-23118.0000BUY 190.94
2021-08-10127.5000SELL 191.90
2021-07-30119.0000BUY 180.01
2021-07-23117.0000SELL 180.91
2021-07-13114.0000BUY 177.16
2021-06-28112.5000SELL 178.05
2021-06-23114.5000BUY 182.13
2021-06-16116.5000SELL 183.05
2021-06-11118.5000BUY 187.13
2021-06-09115.0000SELL 188.07
2021-05-14102.3700BUY 168.26
2021-05-11107.0000SELL 169.11
2021-05-07110.5000BUY 175.52
2021-05-03116.5000SELL 176.40
2021-04-26112.0000BUY 170.44
2021-04-14111.0000SELL 171.30
2021-03-29109.0000BUY 169.06
2021-03-24107.5000SELL 169.91
2021-03-18104.3800BUY 165.81
2021-03-08103.0000SELL 166.64
2021-03-03106.5000BUY 173.17
2021-02-24107.6000SELL 174.04
2020-12-2478.2800BUY 127.25
2020-12-0778.8000SELL 127.89
2020-11-2774.0700BUY 120.82
2020-11-2573.1300SELL 121.43
2020-11-1872.7700BUY 121.44
2020-11-1370.9900SELL 122.05
2020-11-0266.1300BUY 114.27
2020-10-2864.1600SELL 114.84
2020-09-2859.6200BUY 107.25
2020-09-2260.9700SELL 107.79
2020-09-0761.0000BUY 108.38
2020-08-0470.6000SELL 108.92
2020-07-2171.2600BUY 110.49
2020-07-1471.6900SELL 111.05
2020-06-1767.7400BUY 105.46
2020-06-1565.8600SELL 105.99
2020-05-2961.5200BUY 99.50
† Trade commissions are taken as 0.50%.

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