GRNG.ST (OMX)

GRNG.ST STOCKHOLM

Granges

STAY LONG

102.20

Prev.Close

105.60

Change

-3.4000

Change%

-3.22%

BEARISH KICKING

Bought at

104.70

Open

103.90

High

105.90

Low

101.20

102.20

Loss%

-2.39%

Signal History

Date	Price	Signal	Change%	€100⇨
21.09	104.70	BUY	-2.4%	117
14.09	107.78	SELL	-2.9%	117
25.08	98.82	BUY	+9.1%	108
02.08	104.60	SELL	-5.5%	108
19.07	99.60	BUY	+5.0%	103
17.07	101.21	SELL	-1.6%	103
12.07	105.90	BUY	-4.4%	108
06.07	102.91	SELL	+2.9%	108
30.06	102.78	BUY	+0.1%	108
16.06	100.01	SELL	+2.8%	108
13.06	104.09	BUY	-3.9%	113
09.06	99.90	SELL	+4.2%	113
05.06	99.46	BUY	+0.4%	113
17.05	100.52	SHORT	-1.1%	112
10.05	101.80	BUY	-1.3%	114
02.05	101.32	SELL	+0.5%	114
27.04	99.74	BUY	+1.6%	112
20.04	98.18	SELL	+1.6%	112
19.04	100.00	BUY	-1.8%	115
12.04	98.17	SELL	+1.9%	115
11.04	101.48	BUY	-3.3%	119
05.04	98.17	SELL	+3.4%	119
22.03	82.28	BUY	+19.3%	100

† Trade commissions are taken as 0.15%.

Pattern & Confirmation Chart for the Last 6 Months

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 21.09.2023, 1 day ago, when the stock price was 104.70. Since then GRNG.ST has fallen by -2.39%.

Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. Based on this pattern, in response to emerging market bearishness the system established new confirmation and stop loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to SHORT is very high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.

This pattern consists firstly of a white Marubozu and then a black Marubozu. After the white Marubozu, the market opens below the prior session’s opening, forming a gap between the two lines. more...

Date	Price	Signal	Change%	€100⇨
21.09	104.70	BUY	-2.4%	489
14.09	107.78	SELL	-2.9%	490
25.08	98.82	BUY	+9.1%	450
02.08	104.60	SELL	-5.5%	450
19.07	99.60	BUY	+5.0%	429
17.07	101.21	SELL	-1.6%	430
12.07	105.90	BUY	-4.4%	451
06.07	102.91	SELL	+2.9%	451
30.06	102.78	BUY	+0.1%	451
16.06	100.01	SELL	+2.8%	452
13.06	104.09	BUY	-3.9%	471
09.06	99.90	SELL	+4.2%	472
05.06	99.46	BUY	+0.4%	471
17.05	100.52	SHORT	-1.1%	467
10.05	101.80	BUY	-1.3%	474
02.05	101.32	SELL	+0.5%	475
27.04	99.74	BUY	+1.6%	468
20.04	98.18	SELL	+1.6%	469
19.04	100.00	BUY	-1.8%	479
12.04	98.17	SELL	+1.9%	479
11.04	101.48	BUY	-3.3%	496
05.04	98.17	SELL	+3.4%	497
22.03	82.28	BUY	+19.3%	417
09.03	90.12	SELL	-8.7%	418
06.03	92.20	BUY	-2.3%	428
02.03	89.58	SELL	+2.9%	429
27.02	89.16	BUY	+0.5%	427
22.02	88.00	SHORT	+1.3%	434
31.01	86.45	BUY	+1.8%	428
17.01	95.85	SELL	-9.8%	429
09.01	89.41	BUY	+7.2%	400
04.01	86.80	SELL	+3.0%	401
19.12	82.87	BUY	+4.7%	383
12.12	87.43	SHORT	-5.2%	366
05.12	86.40	BUY	+1.2%	362
28.11	89.92	SELL	-3.9%	363
23.11	88.77	BUY	+1.3%	359
15.11	86.14	SELL	+3.1%	359
24.10	74.25	BUY	+16.0%	310
20.10	74.30	SHORT	-0.1%	311