Title
by Americanbulls.com LLC
Last Update
29/05/2020
BOY.L
BODYCOTE
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
605.0000
Change:
-39.0000
Percent change
-6.06%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 622.0000, and our valid average selling price stands now at 619.3600. The previous BUY signal was issued on 22/05/2020, 7 days ago, when the stock price was 519.0000. Since then BOY.L has risen by +19.34%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
£100⇨ 
29/05/2020619.3600SELL 134.20
22/05/2020519.0000BUY 113.13
06/05/2020572.6200SELL 113.81
17/04/2020551.1900BUY 110.21
14/04/2020601.2300SELL 110.88
07/04/2020557.7200BUY 103.48
02/04/2020535.2800SHORT 109.32
24/03/2020480.8400BUY 99.39
18/02/2020878.3400SELL 99.99
11/02/2020875.5500BUY 100.27
17/01/2020917.0000SHORT 97.10
13/01/2020927.5000BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
29/05/2020619.3600SELL 191.10
22/05/2020519.0000BUY 161.10
06/05/2020572.6200SELL 162.07
17/04/2020551.1900BUY 156.95
14/04/2020601.2300SELL 157.90
07/04/2020557.7200BUY 147.36
02/04/2020535.2800SHORT 155.67
24/03/2020480.8400BUY 141.53
18/02/2020878.3400SELL 142.38
11/02/2020875.5500BUY 142.78
17/01/2020917.0000SHORT 138.26
13/01/2020927.5000BUY 141.54
20/12/2019938.1300SELL 142.39
28/10/2019712.3100BUY 108.77
04/10/2019692.7200SHORT 113.29
27/09/2019711.0000BUY 117.69
16/09/2019747.0000SELL 118.40
10/09/2019724.9500BUY 115.60
03/09/2019705.5000SELL 116.30
19/08/2019669.2200BUY 110.99
29/07/2019752.0000SHORT 101.19
23/07/2019764.5900BUY 104.13
08/07/2019829.1200SELL 104.76
04/06/2019782.0000BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
29/05/2020619.3600SELL 176.98
22/05/2020519.0000BUY 149.20
06/05/2020572.6200SELL 150.10
17/04/2020551.1900BUY 145.35
14/04/2020601.2300SELL 146.23
07/04/2020557.7200BUY 136.47
02/04/2020535.2800SHORT 144.17
24/03/2020480.8400BUY 131.08
18/02/2020878.3400SELL 131.87
11/02/2020875.5500BUY 132.24
17/01/2020917.0000SHORT 128.05
13/01/2020927.5000BUY 131.08
20/12/2019938.1300SELL 131.87
28/10/2019712.3100BUY 100.73
04/10/2019692.7200SHORT 104.92
27/09/2019711.0000BUY 108.99
16/09/2019747.0000SELL 109.65
10/09/2019724.9500BUY 107.06
03/09/2019705.5000SELL 107.71
19/08/2019669.2200BUY 102.79
29/07/2019752.0000SHORT 93.72
23/07/2019764.5900BUY 96.44
08/07/2019829.1200SELL 97.02
04/06/2019782.0000BUY 92.06
22/05/2019785.5000SHORT 92.76
16/05/2019808.7500BUY 96.66
07/05/2019838.5700SHORT 94.47
29/04/2019862.4400BUY 98.34
17/04/2019872.6108SELL 98.93
12/04/2019867.8868BUY 98.99
10/04/2019839.5335SELL 99.59
01/04/2019807.6266BUY 96.38
25/03/2019814.6863SHORT 96.71
15/03/2019825.7580BUY 99.21
12/03/2019793.1195SELL 99.81
26/02/2019753.0482BUY 95.34
20/02/2019765.0578SELL 95.92
12/02/2019745.7180BUY 94.06
08/02/2019741.2152SHORT 95.78
05/02/2019752.1656BUY 98.37
23/01/2019767.7255SELL 98.96
18/01/2019766.2424BUY 99.37
16/01/2019762.3727SELL 99.97
07/01/2019713.9012BUY 94.18
03/01/2019693.5187SHORT 98.21
19/12/2018697.7097BUY 100.00
17/12/2018687.9208SHORT 102.67
12/12/2018675.1604BUY 101.99
09/11/2018775.9655SELL 102.61
26/10/2018745.8410BUY 99.22
04/10/2018877.9006SELL 99.82
18/09/2018864.9547BUY 98.94
31/08/2018936.7918SHORT 93.01
17/08/2018975.4916BUY 98.03
14/08/2018983.2141SHORT 98.44
03/08/2018976.4927BUY 98.95
20/07/20181,005.3998SELL 99.55
06/07/2018959.2690BUY 95.56
04/07/2018943.1427SHORT 98.40
27/06/2018953.6704BUY 100.70
21/06/20181,005.3336SELL 101.31
01/06/2018980.4389BUY 99.40
† Trade commissions are taken as 0.60%.

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