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HKEX
Index
fx
2411.HK
HKEX
Shenzhen Pagoda Industrial (Group) H
SELL
Close
1.2200
Prev.Close
1.2400
Change
-0.0200
Change%
-1.61%
BEARISH MATCHING HIGH
Sold at
1.2200
Open
1.2400
High
1.2500
Low
1.2100
Close
1.2200
0.00%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
HKD100⇨
12-04
1.2200
SELL
0.0%
91
11-29
1.2100
BUY
+0.8%
✔
91
11-11
1.5500
SELL
-21.9%
✔
91
10-28
1.4900
BUY
+4.0%
✔
88
10-24
1.4600
SELL
+2.1%
❌
88
10-18
1.4700
BUY
-0.7%
❌
89
10-09
1.8900
SELL
-22.2%
✔
89
10-07
2.2900
BUY
-17.5%
❌
108
10-03
2.2600
SELL
+1.3%
❌
109
09-27
1.9800
BUY
+14.1%
✔ 👍
95
09-24
1.5500
SELL
+27.7%
❌
96
09-19
1.5350
BUY
+1.0%
✔
95
08-14
1.7900
SELL
-14.2%
✔
95
08-12
1.8300
BUY
-2.2%
❌
98
06-21
2.8400
SELL
-35.6%
✔
98
06-19
2.8800
BUY
-1.4%
❌
100
† Trade commissions are taken as 0.30%.
Date
Price
Signal
Change%
HKD100⇨
12-04
1.2200
SELL
0.0%
123
11-29
1.2100
BUY
+0.8%
✔
122
11-11
1.5500
SELL
-21.9%
✔
122
10-28
1.4900
BUY
+4.0%
✔
118
10-24
1.4600
SELL
+2.1%
❌
118
10-18
1.4700
BUY
-0.7%
❌
120
10-09
1.8900
SELL
-22.2%
✔
120
10-07
2.2900
BUY
-17.5%
❌
146
10-03
2.2600
SELL
+1.3%
❌
146
09-27
1.9800
BUY
+14.1%
✔ 👍
128
09-24
1.5500
SELL
+27.7%
❌
129
09-19
1.5350
BUY
+1.0%
✔
128
08-14
1.7900
SELL
-14.2%
✔
128
08-12
1.8300
BUY
-2.2%
❌
132
06-21
2.8400
SELL
-35.6%
✔
132
06-19
2.8800
BUY
-1.4%
❌
134
06-03
3.0950
SELL
-6.9%
✔
135
05-28
3.1250
BUY
-1.0%
❌
136
05-20
3.1600
SELL
-1.1%
✔
137
05-14
3.1900
BUY
-0.9%
❌
139
05-06
3.3400
SELL
-4.5%
✔
139
04-24
2.9900
BUY
+11.7%
✔ 👍
125
04-11
3.1200
SELL
-4.2%
✔
125
04-09
3.1600
BUY
-1.3%
❌
127
03-25
3.1300
SELL
+1.0%
❌
128
03-20
3.0700
BUY
+2.0%
✔
125
03-15
3.0850
SELL
-0.5%
✔
126
03-08
2.7100
BUY
+13.8%
✔ 👍
111
02-19
2.7650
SELL
-2.0%
✔
111
02-08
2.7300
BUY
+1.3%
✔
110
01-08
6.0000
SELL
-54.5%
✔
110
12-21
5.9300
BUY
+1.2%
✔
110
11-23
6.4400
SELL
-7.9%
✔
110
11-07
6.1100
BUY
+5.4%
✔
105
11-01
5.9600
SELL
+2.5%
❌
105
10-11
5.5900
BUY
+6.6%
✔
99
09-13
5.5700
SELL
+0.4%
❌
99
09-04
5.6350
BUY
-1.2%
❌
100
08-25
5.5900
SELL
+0.8%
❌
101
08-16
5.1800
BUY
+7.9%
✔
94
08-14
5.1700
SELL
+0.2%
❌
94
08-07
5.2200
BUY
-1.0%
❌
95
08-01
5.2500
SELL
-0.6%
✔
95
07-26
5.3500
BUY
-1.9%
❌
97
07-07
5.5100
SELL
-2.9%
✔
98
06-20
5.7700
BUY
-4.5%
❌
103
06-16
5.5800
SELL
+3.4%
❌
103
06-12
5.4000
BUY
+3.3%
✔
100
06-01
5.8300
SELL
-7.4%
✔
100
05-22
5.7800
BUY
+0.9%
✔
100
† Trade commissions are taken as 0.30%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Our system’s recommendation today is to
SELL
. The
BEARISH MATCHING HIGH
pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1.2250, and our valid average selling price stands now at 1.2200. The previous
BUY
signal was issued on 2024-11-29, 5 days ago, when the stock price was 1.2100. Since then
2411.HK
has risen by
+0.83%
.
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. Today’s candlestick has a black body and its close is below the confirmation level. 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.
Pattern Description
This pattern occurs when two white days appear with equal closes in an uptrend. It indicates a top has been reached, even though the new high was tested and there was no follow through, which is indicative of a good resistance price.
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