by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
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 35.0700, and our valid average selling price stands now at 31.7200. The previous BUY signal was issued on 24-05-2021, 24 days ago, when the stock price was 29.9605. Since then 3NIL.MI has risen by +5.87%.
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
17-06-202131.7200SELL 173.12
24-05-202129.9605BUY 163.76
13-05-202133.9040SELL 164.01
23-04-202127.0750BUY 131.17
29-03-202128.3400SHORT 125.94
19-03-202127.2295BUY 121.37
22-02-202149.7675SELL 121.55
11-02-202143.8400BUY 107.23
26-01-202140.5850SELL 107.39
19-01-202140.2370BUY 106.63
08-01-202137.7830SELL 106.79
04-01-202135.2740BUY 99.85
† Trade commissions are taken as 0.15%.
17-06-202131.7200SELL 320.36
24-05-202129.9605BUY 303.04
13-05-202133.9040SELL 303.50
23-04-202127.0750BUY 242.73
29-03-202128.3400SHORT 233.06
19-03-202127.2295BUY 224.60
22-02-202149.7675SELL 224.94
11-02-202143.8400BUY 198.45
26-01-202140.5850SELL 198.75
19-01-202140.2370BUY 197.34
08-01-202137.7830SELL 197.64
04-01-202135.2740BUY 184.79
16-12-202038.5055SELL 185.07
04-12-202029.8320BUY 143.60
02-12-202029.6200SELL 143.82
20-11-202029.7320BUY 144.58
18-11-202029.2650SHORT 147.37
10-11-202029.3000BUY 147.99
23-10-202029.1330SELL 148.21
09-10-202025.9040BUY 131.98
18-09-202026.2000SELL 132.18
11-09-202025.7650BUY 130.18
08-09-202026.6600SHORT 126.33
19-08-202024.5050BUY 116.47
13-08-202022.0290SELL 116.64
04-08-202021.4960BUY 113.99
31-07-202020.4200SHORT 120.69
21-07-202019.5000BUY 115.60
15-07-202020.1680SELL 115.77
29-06-202017.3680BUY 99.85
† Trade commissions are taken as 0.15%.
17-06-202131.7200SELL 2,599.42
24-05-202129.9605BUY 2,458.92
13-05-202133.9040SELL 2,462.61
23-04-202127.0750BUY 1,969.54
29-03-202128.3400SHORT 1,891.05
19-03-202127.2295BUY 1,822.41
22-02-202149.7675SELL 1,825.15
11-02-202143.8400BUY 1,610.18
26-01-202140.5850SELL 1,612.60
19-01-202140.2370BUY 1,601.17
08-01-202137.7830SELL 1,603.58
04-01-202135.2740BUY 1,499.34
16-12-202038.5055SELL 1,501.59
04-12-202029.8320BUY 1,165.10
02-12-202029.6200SELL 1,166.85
20-11-202029.7320BUY 1,173.02
18-11-202029.2650SHORT 1,195.63
10-11-202029.3000BUY 1,200.66
23-10-202029.1330SELL 1,202.46
09-10-202025.9040BUY 1,070.79
18-09-202026.2000SELL 1,072.40
11-09-202025.7650BUY 1,056.18
08-09-202026.6600SHORT 1,024.95
19-08-202024.5050BUY 944.93
13-08-202022.0290SELL 946.35
04-08-202021.4960BUY 924.84
31-07-202020.4200SHORT 979.22
21-07-202019.5000BUY 937.91
15-07-202020.1680SELL 939.32
29-06-202017.3680BUY 810.13
11-06-202017.0240SELL 811.35
01-06-202017.0900BUY 815.72
22-05-202016.4960SELL 816.95
06-05-202016.5750BUY 822.10
30-04-202016.7080SELL 823.33
09-04-202014.1630BUY 698.97
03-04-202013.3400SHORT 747.17
27-03-202013.4620BUY 756.27
11-03-202018.6400SHORT 593.64
02-03-202019.0500BUY 608.52
18-02-202021.4970SHORT 547.97
12-02-202021.8680BUY 559.10
07-02-202021.6700SHORT 565.95
31-01-202019.9600BUY 522.86
17-01-202026.4850SELL 523.65
15-01-202028.4050BUY 562.46
27-12-201929.2850SELL 563.30
19-12-201927.9830BUY 539.06
17-12-201928.5260SELL 539.87
06-12-201924.5670BUY 465.64
27-11-201931.1950SHORT 385.20
22-11-201931.7100BUY 392.74
06-11-201944.6100SHORT 305.56
23-10-201946.9670BUY 322.67
14-10-201955.9400SHORT 278.90
03-10-201959.6900BUY 298.49
13-09-201961.2100SELL 298.94
09-09-201960.4000BUY 295.43
05-09-201959.5400SELL 295.87
28-08-201943.7660BUY 217.81
20-08-201942.1400SELL 218.14
31-07-201933.1980BUY 172.11
19-07-201936.6445SELL 172.37
04-07-201921.1950BUY 99.85
† Trade commissions are taken as 0.15%.


Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Italianbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Italianbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Italianbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Italianbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.