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MTA
Index
fx
ITW.MI
MTA
IT Way
STAY SHORT
Close
1.0720
Prev.Close
1.1040
Change
-0.0320
Change%
-2.90%
BULLISH MATCHING LOW
Sold at
1.1300
Open
1.1200
High
1.1200
Low
1.0360
Close
1.0720
Gain%
-5.13%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
€100⇨
01-10
1.1300
SHORT
-5.1%
✔
92
19-09
1.1430
BUY
-1.1%
❌
93
29-08
1.2980
SHORT
-11.9%
✔
84
14-08
1.3060
BUY
-0.6%
❌
85
17-07
1.3620
SELL
-4.1%
✔
85
15-07
1.3700
BUY
-0.6%
❌
85
26-06
1.3660
SHORT
+0.3%
❌
86
19-06
1.3820
BUY
-1.2%
❌
87
11-06
1.3700
SHORT
+0.9%
❌
88
15-05
1.4100
BUY
-2.8%
❌
91
25-04
1.3280
SHORT
+6.2%
❌
97
23-04
1.3600
BUY
-2.4%
❌
100
† Trade commissions are taken as 0.15%.
Date
Price
Signal
Change%
€100⇨
01-10
1.1300
SHORT
-5.1%
✔
134
19-09
1.1430
BUY
-1.1%
❌
135
29-08
1.2980
SHORT
-11.9%
✔
121
14-08
1.3060
BUY
-0.6%
❌
122
17-07
1.3620
SELL
-4.1%
✔
123
15-07
1.3700
BUY
-0.6%
❌
124
26-06
1.3660
SHORT
+0.3%
❌
124
19-06
1.3820
BUY
-1.2%
❌
126
11-06
1.3700
SHORT
+0.9%
❌
128
15-05
1.4100
BUY
-2.8%
❌
132
25-04
1.3280
SHORT
+6.2%
❌
141
23-04
1.3600
BUY
-2.4%
❌
145
07-03
1.5900
SELL
-14.5%
✔
145
22-02
1.4690
BUY
+8.2%
✔
134
20-02
1.4630
SHORT
+0.4%
❌
135
16-02
1.5110
BUY
-3.2%
❌
140
07-02
1.5530
SELL
-2.7%
✔
140
24-01
1.5840
BUY
-2.0%
❌
143
19-01
1.5520
SHORT
+2.1%
❌
147
17-01
1.5910
BUY
-2.5%
❌
151
22-12
1.7300
SELL
-8.0%
✔
151
19-12
1.7550
BUY
-1.4%
❌
153
07-12
1.7260
SELL
+1.7%
❌
154
28-11
1.7390
BUY
-0.7%
❌
155
17-11
1.7800
SHORT
-2.3%
✔
152
31-10
1.6890
BUY
+5.4%
✔
145
20-10
1.9265
SHORT
-12.3%
✔
129
16-10
1.9570
BUY
-1.6%
❌
132
27-09
2.2150
SELL
-11.6%
✔
132
18-09
2.1190
BUY
+4.5%
✔
126
13-09
1.9020
SELL
+11.4%
❌
126
11-09
1.8020
BUY
+5.5%
✔
120
30-08
1.6910
SELL
+6.6%
❌
120
25-08
1.7120
BUY
-1.2%
❌
122
14-08
1.7350
SHORT
-1.3%
✔
121
01-08
1.7550
BUY
-1.1%
❌
122
18-07
1.8540
SELL
-5.3%
✔
123
11-07
1.8660
BUY
-0.6%
❌
123
07-07
1.7040
SELL
+9.5%
❌
124
30-06
1.5310
BUY
+11.3%
✔ 👍
111
23-06
1.4190
SELL
+7.9%
❌
111
16-06
1.2720
BUY
+11.6%
✔ 👍
100
13-06
1.2560
SELL
+1.3%
❌
100
23-05
1.2780
BUY
-1.7%
❌
102
16-05
1.2680
SHORT
+0.8%
❌
103
05-05
1.3100
BUY
-3.2%
❌
107
27-04
1.3200
SHORT
-0.8%
✔
106
25-04
1.3620
BUY
-3.1%
❌
110
30-03
1.4230
SHORT
-4.3%
✔
106
27-03
1.4440
BUY
-1.5%
❌
108
14-02
1.5550
SHORT
-7.1%
✔
101
09-02
1.5940
BUY
-2.4%
❌
104
01-02
1.5730
SELL
+1.3%
❌
104
18-01
1.6000
BUY
-1.7%
❌
106
11-01
1.5970
SELL
+0.2%
❌
106
27-12
1.5660
BUY
+2.0%
✔
104
23-11
1.6120
SELL
-2.9%
✔
104
12-10
1.5400
BUY
+4.7%
✔
100
† Trade commissions are taken as 0.15%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Our system’s recommendation today is to
STAY SHORT
. The previous
SHORT
signal was issued on 01-10-2024, 10 days ago, when the stock price was 1.1300. Since then
ITW.MI
has fallen by
-5.13%
.
Market Outlook
The bears have recovered and our bearish bet continues. The current price is quite distant from the confirmation level, so the probability of a bullish confirmation is very low. Besides, the signal is suggesting to
STAY SHORT
. It is best to follow the signal and continue to
STAY SHORT
. The Delayed Intraday Module is OFF.
Pattern Description
This pattern occurs when two black days appear with equal closes in a downtrend. Matching Low indicates a bottom has been made, even though the new low was tested and there was no follow through, which is indicative of a good support price.
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