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Title
Last Update
5/23/2013
OMXSMCGI.ST
OMX STO M C GI
SELL
Last Pattern: BEARISH HARAMI CROSS
Last Close:
140.5800
Change:
-2.4400
Percent change
-1.71%
6 mo. Rating
€100⇨ 111.89
12 mo. Rating
€100⇨ 145.74
24 mo. Rating
€100⇨ 249.05
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HARAMI CROSS pattern finally received a confirmation because the values crossed the confirmation level which was at 142.4300, and our valid average selling value stands now at 141.5400. The previous BUY recommendation was issued on 4/23/2013, 30 days ago, when the index value was 131.8900. Since then OMXSMCGI.ST has risen by +7.32%.
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.


Intraday Module is ON. To follow the confirmation status, click here.
Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a major bearish reversal pattern, which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman, as with the Bearish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. more...
Signal History
6 mo.
12 mo.
24 mo.
Date
Price
Signal
€100⇨
5/23/2013141.5400SELL 249.05
4/23/2013131.8900BUY 232.42
4/8/2013135.0900SHORT 227.72
3/27/2013137.6800BUY 232.78
3/19/2013137.5700SELL 233.13
3/15/2013138.6900BUY 235.38
3/12/2013137.4850SELL 235.73
3/8/2013138.4900BUY 237.81
3/4/2013137.4700SELL 238.17
2/28/2013136.9800BUY 237.68
2/21/2013136.4100SELL 238.04
2/5/2013127.1700BUY 222.25
1/31/2013126.8200SELL 222.58
11/19/2012109.0400BUY 191.66
11/8/2012112.7600SELL 191.95
10/25/2012111.0900BUY 189.39
10/19/2012112.7700SHORT 187.17
10/17/2012112.9100BUY 187.97
10/9/2012114.7300SELL 188.25
10/5/2012114.8600BUY 188.75
10/2/2012114.4900SELL 189.03
9/26/2012114.3900BUY 189.15
9/18/2012115.0400SELL 189.43
9/3/2012110.2400BUY 181.80
8/22/2012112.4400SELL 182.07
8/17/2012112.2200BUY 181.99
8/15/2012112.4900SELL 182.26
8/7/2012112.4200BUY 182.42
7/31/2012111.0100SELL 182.69
7/26/2012109.5600BUY 180.57
7/23/2012110.7400SELL 180.84
7/13/2012110.8600BUY 181.31
7/6/2012110.5050SELL 181.58
6/29/2012107.3300BUY 176.63
6/25/2012108.5800SHORT 175.14
6/19/2012107.6000BUY 174.08
5/31/2012111.4300SHORT 168.80
5/29/2012111.6100BUY 169.58
5/25/2012111.2800SHORT 170.60
5/22/2012112.3100BUY 172.70
5/15/2012114.0900SHORT 170.56
5/11/2012115.2000BUY 172.74
5/9/2012114.2400SHORT 174.73
4/25/2012115.4950BUY 177.18
4/23/2012116.2100SELL 177.45
4/17/2012115.3750BUY 176.44
4/13/2012116.1100SHORT 175.86
4/2/2012117.6100BUY 178.67
3/5/2012118.9200SELL 178.94
2/29/2012117.9500BUY 177.75
2/22/2012118.7200SELL 178.02
2/15/2012116.0900BUY 174.34
2/7/2012115.3450SELL 174.60
1/27/2012111.1000BUY 168.43
1/25/2012109.6000SELL 168.68
1/9/2012104.5400BUY 161.13
1/4/2012104.0500SELL 161.37
12/19/201195.8800BUY 148.92
12/8/201199.0400SELL 149.14
11/25/201192.8300BUY 140.00
11/7/2011101.7800SELL 140.21
11/3/2011100.8350BUY 139.12
10/31/2011104.1650SELL 139.33
10/6/201193.0000BUY 124.58
10/4/201193.2300SHORT 124.65
9/29/201195.5500BUY 128.14
9/22/201197.0300SHORT 126.59
9/15/201197.9000BUY 128.11
9/12/201198.0700SELL 128.30
9/7/201198.8800BUY 129.55
9/2/2011103.7500SELL 129.74
8/30/2011101.6100BUY 127.25
8/26/201199.2300SHORT 130.77
8/23/201198.2900BUY 129.92
8/18/2011102.8700SHORT 124.76
8/11/201197.3300BUY 118.40
7/26/2011118.1800SHORT 100.95
7/20/2011117.9500BUY 101.06
7/15/2011118.9100SHORT 100.55
7/13/2011120.8600BUY 102.51
7/11/2011122.9200SELL 102.66
7/4/2011123.3000BUY 103.13
6/7/2011127.9000SHORT 99.85
† Trade commissions taken as 0.15%.
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