To the daily page
Home Subscribe Login Support Privacy Search Stock  
Not Updated since 3/9/2010 6/9/2010  
 
DANR.MI
DANIELI ORD (Milan)
Weekly Commentary

Our system posted BUY CONFIRMED . The previous SELL recommendation that was confirmed was made on 20.08.2010 (14) days ago, when the stock price was 7.9300 . Since then DANR.MI has gained 3.72% .

BUY-IF is confirmed by a white candlestick with a higher open. The confirmation price is taken as this week's open ( 8.0000 ) according to Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed this week. The market is ready for a new bullish move. The week opened with a gap-up and the price activity resulted in a close higher than the open. This is one of our valid confirmation criteria.

The slight failure of the previous SELL signal is currently confirmed, too. We closely monitor the performance of the weekly signals, but a few shots missing the target slightly are inevitable when you deal with the stock market. However, such signal failures are more unlikely for higher rated stocks.

We hope that you bought this . You should watch the upward gap in the beginning of the week, closely monitor the current confirmation status posted daily, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.

If you bought, continue to hold this until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the sessions during the week or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred on the short side last time, but we hope that this is just an exception.

 
BUY
CONFIRMED
8.2250
+0.3150 +3.98%
Candlestick Analysis
This Week's Patterns: White Candlestick
Candlestick Pattern


This week a White Candlestick was formed. This represents normal buying pressure.
For more about this candlestick click here.


 
 
Stock Quote
Week's Close 8.2250
Previous Weekly Close 7.9100
Previous Weekly Open 7.9000
Change +0.3150
% Change +3.98%
Volume 4,616
 
Stock Activity
Week's Open 8.0000
Week's High 8.3100
Week's Low 7.6850
20-Week Close M.A. 8.6238
50-Week Close M.A. 9.1305
20-Week Volume M.A. 7,767
 

Two-Year Signal History
Week of          Price   Signal IDR 100
Became
03.09.10 8.000    Buy   334
20.08.10 7.930    Sell 334
28.05.10 8.775    Buy 370
16.04.10 10.980    Sell 370
05.03.10 9.295    Buy 313
22.01.10 9.825    Sell 313
20.03.09 4.010    Buy 128
20.02.09 4.993    Sell 128
06.02.09 4.900    Buy 125
23.01.09 4.900    Sell 125
12.12.08 3.638    Buy 93
12.09.08 12.022    Sell 93
29.08.08 12.924    Buy 100
13.06.08 16.300    Sell 100
 
  Disclaimer  
 

The opinions provided herein are intended to inform. They come with no warranty of any kind. If you should choose to interpret Italianbulls.com information as investment advice, you do so at your own risk. Investing can be a very dangerous venture and it is you who must assume the entire cost and risk involved in all of your investment decisions, should you choose to follow this advice or use this information. Italianbulls.com staff, members of the staff's families, and/or entities with which they are affiliated, may from time to time, buy, sell or hold stock in and have other financial dealings with the companies that appear on the Italianbulls.com web site, mailings, or publications. The information contained on the Italianbulls.com web site, mailings, and publications is drawn from sources believed to be factual and reliable, but in no way does Italianbulls.com represent or guarantee the accuracy or completeness thereof, nor in providing it, does Italianbulls.com assume any liability. This information is given as of the date appearing on the Italianbulls.com web site report or mailing, and Italianbulls.com assumes no obligation to update the information or advice on further developments relating to any named securities. The information found on the Italianbulls.com website, mailings, or publications is protected by the copyright laws of the United States and may not be copied, or reproduced in any way without the expressed, written consent of the editors.