Title
by Americanbulls.com LLC
Last Update
24/05/2019
ARNA.JK
ARWANA CITRAMULI
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
496.0000
Change:
-4.0000
Percent change
-0.80%
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 500.0000, and our valid average selling price stands now at 496.0000. The previous BUY signal was issued on 22/05/2019, 2 days ago, when the stock price was 508.3400. Since then ARNA.JK has fallen by -2.43%.
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 
 
IDR100⇨ 
24/05/2019496.0000SELL 102.31
22/05/2019508.3400BUY 105.38
30/04/2019511.4700SELL 105.91
26/04/2019513.3100BUY 106.83
18/04/2019505.0000SELL 107.37
27/03/2019498.0000BUY 106.41
22/03/2019490.6600SELL 106.94
15/03/2019494.0000BUY 108.21
13/03/2019478.0000SELL 108.75
28/02/2019484.2000BUY 110.71
20/02/2019480.0000SELL 111.27
23/01/2019418.8100BUY 97.57
07/01/2019416.0000SELL 98.06
28/12/2018420.0000BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
IDR100⇨ 
24/05/2019496.0000SELL 128.08
22/05/2019508.3400BUY 131.93
30/04/2019511.4700SELL 132.59
26/04/2019513.3100BUY 133.74
18/04/2019505.0000SELL 134.41
27/03/2019498.0000BUY 133.21
22/03/2019490.6600SELL 133.88
15/03/2019494.0000BUY 135.47
13/03/2019478.0000SELL 136.15
28/02/2019484.2000BUY 138.61
20/02/2019480.0000SELL 139.31
23/01/2019418.8100BUY 122.16
07/01/2019416.0000SELL 122.77
28/12/2018420.0000BUY 124.57
06/12/2018412.0000SELL 125.20
08/11/2018376.0000BUY 114.83
02/11/2018370.0000SELL 115.41
22/10/2018348.0000BUY 109.09
02/10/2018360.0000SELL 109.64
14/09/2018348.0000BUY 106.52
03/09/2018356.0000SELL 107.06
27/08/2018358.4900BUY 108.35
13/08/2018371.3700SELL 108.89
02/07/2018340.4000BUY 100.31
08/06/2018334.0000SELL 100.81
28/05/2018328.0000BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
IDR100⇨ 
24/05/2019496.0000SELL 101.70
22/05/2019508.3400BUY 104.75
30/04/2019511.4700SELL 105.28
26/04/2019513.3100BUY 106.19
18/04/2019505.0000SELL 106.72
27/03/2019498.0000BUY 105.77
22/03/2019490.6600SELL 106.30
15/03/2019494.0000BUY 107.56
13/03/2019478.0000SELL 108.10
28/02/2019484.2000BUY 110.05
20/02/2019480.0000SELL 110.60
23/01/2019418.8100BUY 96.99
07/01/2019416.0000SELL 97.48
28/12/2018420.0000BUY 98.91
06/12/2018412.0000SELL 99.41
08/11/2018376.0000BUY 91.18
02/11/2018370.0000SELL 91.64
22/10/2018348.0000BUY 86.62
02/10/2018360.0000SELL 87.06
14/09/2018348.0000BUY 84.58
03/09/2018356.0000SELL 85.01
27/08/2018358.4900BUY 86.03
13/08/2018371.3700SELL 86.46
02/07/2018340.4000BUY 79.65
08/06/2018334.0000SELL 80.05
28/05/2018328.0000BUY 79.01
02/05/2018346.0000SELL 79.41
25/04/2018334.0000BUY 77.04
13/04/2018338.0000SELL 77.43
10/04/2018336.4000BUY 77.45
06/04/2018331.5600SELL 77.84
02/04/2018324.3100BUY 76.52
23/03/2018327.6000SELL 76.90
20/03/2018334.0000BUY 78.80
21/02/2018349.4300SELL 79.20
15/02/2018334.4000BUY 76.17
01/02/2018339.5000SELL 76.55
29/01/2018336.0000BUY 76.14
25/01/2018328.0000SELL 76.52
12/01/2018340.0000BUY 79.72
02/01/2018340.0000SELL 80.12
22/12/2017342.0000BUY 81.00
12/12/2017340.0000SELL 81.41
05/12/2017352.0000BUY 84.71
21/11/2017366.0000SELL 85.14
15/11/2017372.0000BUY 86.97
18/10/2017412.8300SELL 87.41
13/10/2017420.0000BUY 89.37
27/09/2017406.8800SELL 89.82
18/09/2017430.0000BUY 95.40
07/09/2017428.0000SELL 95.88
05/09/2017433.3100BUY 97.56
29/08/2017440.5300SELL 98.05
24/08/2017438.3200BUY 98.05
16/08/2017435.6000SELL 98.54
08/08/2017444.0000BUY 100.94
20/07/2017466.3700SELL 101.45
18/07/2017473.6000BUY 103.54
14/07/2017470.3100SELL 104.06
15/06/2017447.4400BUY 99.50
† Trade commissions are taken as 0.50%.

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