INCOAX.ST (OMXS)

INCOAX.ST OMXS

InCoax Networks

SELL

1.1800

Prev.Close

1.1850

Change

-0.0050

Change%

-0.42%

BEARISH DESCENDING HAWK

Sold at

1.1800

Open

1.1900

High

1.2050

Low

1.1800

0.00%

Signal History

Date	Price	Signal	Change%		€100⇨
17.09	1.1800	SELL	0.0%		127
29.08	1.0500	BUY	+12.4%	✔ 👍	113
21.08	1.1100	SHORT	-5.4%	✔	108
14.08	1.2450	BUY	-10.8%	❌	121
23.07	1.4210	SHORT	-12.4%	✔	108
07.07	1.4290	BUY	-0.6%	❌	109
10.06	1.5990	SELL	-10.6%	✔	109
04.06	1.5700	BUY	+1.8%	✔	108
30.05	1.5840	SELL	-0.9%	✔	108
13.05	1.5050	BUY	+5.2%	✔	102
07.05	1.5050	SHORT	0.0%	❌	103
17.04	1.4515	BUY	+3.7%	✔	99
31.03	1.6780	SELL	-13.5%	✔	100
21.03	1.6800	BUY	-0.1%	❌	100

† Trade commissions are taken as 0.15%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 1.2100, and our valid average selling price now stands at 1.1800. The previous BUY signal was issued on 29.08.2025, 19 days ago, when the stock price was 1.0500. Since then, INCOAX.ST has risen by +12.38%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing 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 act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		€100⇨
17.09	1.1800	SELL	0.0%		141
29.08	1.0500	BUY	+12.4%	✔ 👍	126
21.08	1.1100	SHORT	-5.4%	✔	120
14.08	1.2450	BUY	-10.8%	❌	135
23.07	1.4210	SHORT	-12.4%	✔	120
07.07	1.4290	BUY	-0.6%	❌	121
10.06	1.5990	SELL	-10.6%	✔	122
04.06	1.5700	BUY	+1.8%	✔	119
30.05	1.5840	SELL	-0.9%	✔	120
13.05	1.5050	BUY	+5.2%	✔	114
07.05	1.5050	SHORT	0.0%	❌	114
17.04	1.4515	BUY	+3.7%	✔	110
31.03	1.6780	SELL	-13.5%	✔	111
21.03	1.6800	BUY	-0.1%	❌	111
05.03	1.7300	SELL	-2.9%	✔	111
03.03	1.7700	BUY	-2.3%	❌	114
27.02	1.6900	SELL	+4.7%	❌	114
14.02	1.5500	BUY	+9.0%	✔	105
03.02	1.6800	SELL	-7.7%	✔	105
30.01	1.8100	BUY	-7.2%	❌	113
17.12	1.9160	SELL	-5.5%	✔	113
10.12	1.9290	BUY	-0.7%	❌	114
02.12	1.8750	SHORT	+2.9%	❌	118
05.11	2.0050	BUY	-6.5%	❌	127
31.10	1.8500	SHORT	+8.4%	❌	139
25.10	1.8930	BUY	-2.3%	❌	142
04.10	2.0600	SHORT	-8.1%	✔	132
30.09	2.0700	BUY	-0.5%	❌	133
11.09	2.3150	SELL	-10.6%	✔	133
29.08	2.2500	BUY	+2.9%	✔	130
23.08	2.1900	SHORT	+2.7%	❌	134
08.08	2.3000	BUY	-4.8%	❌	141
02.08	2.2600	SHORT	+1.8%	❌	144
30.07	2.3500	BUY	-3.8%	❌	150
22.07	2.3200	SHORT	+1.3%	❌	152
17.07	2.4700	BUY	-6.1%	❌	163
24.06	2.6600	SELL	-7.1%	✔	163
07.06	2.5100	BUY	+6.0%	✔	154
28.05	2.5900	SHORT	-3.1%	✔	150
21.05	2.7300	BUY	-5.1%	❌	158