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MTA
Index
fx
SIT.MI
MILAN
SIT
STAY SHORT
Close
4.1900
Prev.Close
4.1900
Change
0.0000
Change%
0.00%
BULLISH HOMING PIGEON
Sold at
4.2150
Open
4.2000
High
4.2000
Low
4.0900
Close
4.1900
Gain%
-0.59%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
€100⇨
30-05
4.2150
SHORT
-0.6%
114
25-05
4.2450
BUY
-0.7%
115
16-05
4.9600
SHORT
-14.4%
101
10-05
5.0700
BUY
-2.2%
103
08-05
4.9900
SELL
+1.6%
104
04-04
4.8100
BUY
+3.7%
100
03-02
6.1600
SELL
-21.9%
100
31-01
6.2800
BUY
-1.9%
102
24-01
6.4000
SELL
-1.9%
102
03-01
6.2300
BUY
+2.7%
100
† Trade commissions are taken as 0.15%.
Date
Price
Signal
Change%
€100⇨
30-05
4.2150
SHORT
-0.6%
174
25-05
4.2450
BUY
-0.7%
176
16-05
4.9600
SHORT
-14.4%
154
10-05
5.0700
BUY
-2.2%
158
08-05
4.9900
SELL
+1.6%
159
04-04
4.8100
BUY
+3.7%
153
03-02
6.1600
SELL
-21.9%
153
31-01
6.2800
BUY
-1.9%
157
24-01
6.4000
SELL
-1.9%
157
03-01
6.2300
BUY
+2.7%
153
17-11
6.4900
SELL
-4.0%
153
14-11
6.3300
BUY
+2.5%
150
04-11
5.8700
SHORT
+7.8%
163
01-11
6.1500
BUY
-4.6%
171
05-10
6.4700
SHORT
-4.9%
163
14-09
6.7400
BUY
-4.0%
171
09-09
6.7400
SELL
0.0%
171
23-08
6.7900
BUY
-0.7%
173
05-08
6.9200
SELL
-1.9%
173
22-07
6.6400
BUY
+4.2%
166
30-06
7.1600
SHORT
-7.3%
155
27-06
7.3400
BUY
-2.5%
160
23-06
7.3700
SHORT
-0.4%
159
20-06
7.2800
BUY
+1.2%
158
02-06
7.7200
SELL
-5.7%
158
13-05
6.2900
BUY
+22.7%
129
20-04
7.5600
SELL
-16.8%
129
12-04
7.7200
BUY
-2.1%
132
07-04
7.9200
SHORT
-2.5%
129
05-04
8.2000
BUY
-3.4%
134
24-03
8.2000
SELL
0.0%
135
22-03
8.4800
BUY
-3.3%
139
18-03
8.3800
SELL
+1.2%
140
09-03
7.6800
BUY
+9.1%
128
03-03
8.3600
SHORT
-8.1%
119
28-02
8.8500
BUY
-5.5%
126
15-02
9.6600
SELL
-8.4%
126
03-02
9.7100
BUY
-0.5%
127
24-01
9.6800
SHORT
+0.3%
128
20-01
9.7400
BUY
-0.6%
129
04-01
10.5500
SELL
-7.7%
129
15-12
10.1500
BUY
+3.9%
125
03-12
10.2500
SHORT
-1.0%
124
01-12
10.5500
BUY
-2.8%
128
25-11
10.4500
SHORT
+1.0%
129
23-11
10.6500
BUY
-1.9%
132
10-11
11.3400
SELL
-6.1%
133
05-11
11.3500
BUY
-0.1%
133
01-11
11.3900
SHORT
-0.4%
133
28-10
11.8000
BUY
-3.5%
138
22-10
11.6900
SELL
+0.9%
138
07-10
10.7500
BUY
+8.7%
127
28-09
10.4500
SELL
+2.9%
127
22-09
10.1200
BUY
+3.3%
124
15-09
10.0000
SELL
+1.2%
124
12-08
8.4800
BUY
+17.9%
105
04-08
8.5800
SELL
-1.2%
105
22-07
8.4000
BUY
+2.1%
103
19-07
8.3000
SELL
+1.2%
103
12-07
7.7400
BUY
+7.2%
97
08-07
7.6000
SHORT
+1.8%
99
05-07
7.6800
BUY
-1.0%
100
29-06
8.0000
SELL
-4.0%
100
21-06
7.9600
BUY
+0.5%
100
15-06
7.6600
SELL
+3.9%
100
02-06
7.6400
BUY
+0.3%
100
† Trade commissions are taken as 0.15%.
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to
STAY SHORT
. The previous
SHORT
signal was issued on 30-05-2023, 3 days ago, when the stock price was 4.2150. Since then
SIT.MI
has fallen by
-0.59%
.
Alarm bells are ringing for those holding short positions. We are on the verge of telling an end to the bearish phase in the market and acknowledge the ascendancy of the bulls. The share price is above the confirmation level of the last bullish pattern, but the signal is still suggesting to
STAY SHORT
. The
BUY
signal requires a white body whose close is above the confirmation level and the chance of detecting such a white candlestick is high. The Delayed Intraday Module is ON. Given the high risk involved and the benefit of immediate action, following the price action on an intraday basis is now essential.
This pattern is a small black body contained by a prior relatively long black body. It resembles the Harami pattern, except that both bodies are black.
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