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HKEX
Index
fx
2416.HK
HKEX
Edianyun
STAY IN CASH
Close
1.8600
Prev.Close
1.9000
Change
-0.0400
Change%
-2.11%
BULLISH THREE OUTSIDE U...
Sold at
1.8500
Open
1.8500
High
1.8900
Low
1.8300
Close
1.8600
Loss%
+0.54%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
HKD100⇨
11-29
1.8500
SELL
+0.5%
❌
140
11-06
1.6500
BUY
+12.1%
✔ 👍
125
11-04
1.5600
SELL
+5.8%
❌
126
10-16
1.5100
BUY
+3.3%
✔
122
10-08
1.5700
SELL
-3.8%
✔
122
08-29
1.1500
BUY
+36.5%
✔ 👍
90
08-09
1.3900
SELL
-17.3%
✔
90
08-07
1.4400
BUY
-3.5%
❌
94
08-02
1.4800
SELL
-2.7%
✔
94
07-31
1.5300
BUY
-3.3%
❌
97
07-15
1.7600
SELL
-13.1%
✔
98
07-11
1.7900
BUY
-1.7%
❌
100
† Trade commissions are taken as 0.30%.
Date
Price
Signal
Change%
HKD100⇨
11-29
1.8500
SELL
+0.5%
❌
274
11-06
1.6500
BUY
+12.1%
✔ 👍
245
11-04
1.5600
SELL
+5.8%
❌
246
10-16
1.5100
BUY
+3.3%
✔
239
10-08
1.5700
SELL
-3.8%
✔
239
08-29
1.1500
BUY
+36.5%
✔ 👍
176
08-09
1.3900
SELL
-17.3%
✔
176
08-07
1.4400
BUY
-3.5%
❌
183
08-02
1.4800
SELL
-2.7%
✔
184
07-31
1.5300
BUY
-3.3%
❌
191
07-15
1.7600
SELL
-13.1%
✔
191
07-11
1.7900
BUY
-1.7%
❌
195
05-22
3.0300
SELL
-40.9%
✔
196
04-26
2.9100
BUY
+4.1%
✔
188
04-16
2.8700
SELL
+1.4%
❌
189
04-10
2.7900
BUY
+2.9%
✔
184
04-08
2.6700
SELL
+4.5%
❌
185
04-02
2.8300
BUY
-5.7%
❌
196
03-25
3.2850
SELL
-13.9%
✔
197
03-20
3.1450
BUY
+4.5%
✔
189
03-04
3.4600
SELL
-9.1%
✔
190
02-14
3.0500
BUY
+13.4%
✔ 👍
168
01-24
4.0200
SELL
-24.1%
✔
168
01-15
3.6200
BUY
+11.0%
✔ 👍
152
01-05
4.6500
SELL
-22.2%
✔
153
01-02
4.8600
BUY
-4.3%
❌
160
12-27
4.7200
SELL
+3.0%
❌
160
12-21
4.8700
BUY
-3.1%
❌
166
11-27
7.1600
SELL
-32.0%
✔
166
11-15
5.4500
BUY
+31.4%
✔ 👍
127
09-25
8.2500
SELL
-33.9%
✔
127
09-18
6.0500
BUY
+36.4%
✔ 👍
94
08-18
7.0000
SELL
-13.6%
✔
94
08-14
7.4000
BUY
-5.4%
❌
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
STAY IN CASH
. The previous
SELL
signal was issued on 2024-11-29, 5 days ago, when the stock price was 1.8500. Since then
2416.HK
has risen by
+0.54%
.
Market Outlook
The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to
BUY
. The share price is still not above the confirmation level and the signal is suggesting to
STAY IN CASH
, but the chance of a bullish confirmation that will change the signal to
BUY
is very high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a bull run.
Pattern Description
This is a confirmed Bullish Engulfing pattern. The first two candlesticks are exactly the same as the Bullish Engulfing pattern and the third day represents its confirmation.
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