Title
by Americanbulls.com LLC
Last Update
2021-10-22
8171.TWO
FORMOSA ELEC
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
42.6500
Change:
-0.6500
Percent change
-1.50%
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 43.5000, and our valid average selling price stands now at 43.2600. The previous BUY signal was issued on 2021-10-15, 7 days ago, when the stock price was 43.5400. Since then 8171.TWO has fallen by -0.64%.
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 is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
TWD100⇨ 
2021-10-2243.2600SELL 127.81
2021-10-1543.5400BUY 129.28
2021-09-2854.2900SELL 129.93
2021-09-1352.1900BUY 125.53
2021-08-3152.1000SELL 126.16
2021-08-2752.9900BUY 128.96
2021-08-1158.1700SELL 129.61
2021-08-0663.1500BUY 141.41
2021-08-0462.7500SELL 142.12
2021-08-0262.8400BUY 143.04
2021-07-2861.8500SELL 143.76
2021-07-2663.3500BUY 147.99
2021-07-2262.8500SELL 148.73
2021-06-2550.6800BUY 120.53
2021-06-0753.4000SELL 121.14
2021-06-0254.1000BUY 123.34
2021-05-2751.9000SELL 123.96
2021-05-1845.0150BUY 108.06
2021-05-1064.6300SELL 108.60
2021-04-2858.9200BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
TWD100⇨ 
2021-10-2243.2600SELL 206.51
2021-10-1543.5400BUY 208.89
2021-09-2854.2900SELL 209.94
2021-09-1352.1900BUY 202.83
2021-08-3152.1000SELL 203.85
2021-08-2752.9900BUY 208.37
2021-08-1158.1700SELL 209.42
2021-08-0663.1500BUY 228.49
2021-08-0462.7500SELL 229.64
2021-08-0262.8400BUY 231.13
2021-07-2861.8500SELL 232.29
2021-07-2663.3500BUY 239.12
2021-07-2262.8500SELL 240.32
2021-06-2550.6800BUY 194.76
2021-06-0753.4000SELL 195.74
2021-06-0254.1000BUY 199.30
2021-05-2751.9000SELL 200.30
2021-05-1845.0150BUY 174.60
2021-05-1064.6300SELL 175.48
2021-04-2858.9200BUY 160.78
2021-04-2163.4000SELL 161.59
2021-03-2654.5457BUY 139.72
2021-03-1754.3547SELL 140.42
2021-03-1155.7876BUY 144.85
2021-03-0851.4889SELL 145.58
2021-03-0455.5965BUY 157.98
2021-03-0254.7055SELL 158.77
2021-01-2538.4017BUY 112.01
2021-01-1941.3243SELL 112.57
2021-01-1441.7792BUY 114.38
2021-01-0648.0689SELL 114.95
2021-01-0449.4193BUY 118.77
2020-12-2950.6766SELL 119.37
2020-12-2447.5467BUY 112.56
2020-12-2243.7894SELL 113.13
2020-12-0437.8286BUY 98.22
2020-11-2637.4465SELL 98.71
2020-11-2037.5565BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
TWD100⇨ 
2021-10-2243.2600SELL 752.04
2021-10-1543.5400BUY 760.71
2021-09-2854.2900SELL 764.53
2021-09-1352.1900BUY 738.65
2021-08-3152.1000SELL 742.36
2021-08-2752.9900BUY 758.84
2021-08-1158.1700SELL 762.65
2021-08-0663.1500BUY 832.10
2021-08-0462.7500SELL 836.28
2021-08-0262.8400BUY 841.69
2021-07-2861.8500SELL 845.92
2021-07-2663.3500BUY 870.79
2021-07-2262.8500SELL 875.17
2021-06-2550.6800BUY 709.25
2021-06-0753.4000SELL 712.81
2021-06-0254.1000BUY 725.78
2021-05-2751.9000SELL 729.43
2021-05-1845.0150BUY 635.84
2021-05-1064.6300SELL 639.04
2021-04-2858.9200BUY 585.51
2021-04-2163.4000SELL 588.45
2021-03-2654.5457BUY 508.81
2021-03-1754.3547SELL 511.37
2021-03-1155.7876BUY 527.49
2021-03-0851.4889SELL 530.14
2021-03-0455.5965BUY 575.31
2021-03-0254.7055SELL 578.20
2021-01-2538.4017BUY 407.92
2021-01-1941.3243SELL 409.97
2021-01-1441.7792BUY 416.57
2021-01-0648.0689SELL 418.66
2021-01-0449.4193BUY 432.58
2020-12-2950.6766SELL 434.75
2020-12-2447.5467BUY 409.95
2020-12-2243.7894SELL 412.01
2020-12-0437.8286BUY 357.71
2020-11-2637.4465SELL 359.51
2020-11-2037.5565BUY 362.38
2020-11-1736.9211SELL 364.20
2020-10-1433.9597BUY 336.67
2020-10-0832.9647SELL 338.36
2020-10-0533.6667BUY 347.30
2020-09-2239.1127SELL 349.05
2020-09-1540.6466BUY 364.56
2020-09-1036.2046SELL 366.39
2020-08-1724.2507BUY 246.65
2020-08-0724.8428SELL 247.89
2020-07-3019.7371BUY 197.93
2020-07-2420.1614SELL 198.92
2020-07-2017.7687BUY 176.19
2020-07-1017.3364SELL 177.08
2020-07-0617.7199BUY 181.91
2020-06-2916.8127SELL 182.82
2020-06-1614.1857BUY 155.03
2020-06-0913.9650SELL 155.81
2020-06-0314.0229BUY 157.24
2020-05-2714.2959SELL 158.03
2020-05-2014.0698BUY 156.31
2020-05-1414.6774SELL 157.10
2020-04-2010.3251BUY 111.07
2020-03-1711.5411SELL 111.63
2020-03-0611.2856BUY 109.71
2020-03-0311.1393SELL 110.26
2020-02-1110.1810BUY 101.28
2020-01-1710.5079SELL 101.79
2020-01-1410.5557BUY 102.77
2019-12-0911.3036SELL 103.29
2019-11-2210.5079BUY 96.50
2019-11-2010.3077SELL 96.98
2019-11-1310.2766BUY 97.17
2019-11-0410.4602SELL 97.66
2019-10-2910.6035BUY 99.50
† Trade commissions are taken as 0.50%.

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