Title
by Americanbulls.com LLC
Last Update
26/02/2021
CNE.L
CAIRN ENERGY
Last Signal: SELL
Last Pattern: BEARISH HANGING MAN
Last Close:
191.0000
Change:
-8.3000
Percent change
-4.16%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HANGING MAN pattern finally received a confirmation because the prices crossed below the confirmation level which was at 195.9000, and our valid average selling price stands now at 194.8300. The previous BUY signal was issued on 23/02/2021, 3 days ago, when the stock price was 188.2000. Since then CNE.L has risen by +3.52%.
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
The pattern occurs at the top of a trend or during an uptrend. The name Hanging Man comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...
Signal History
Date 
Price 
Signal 
 
£100⇨ 
26/02/2021194.8300SELL 117.69
23/02/2021188.2000BUY 114.37
12/02/2021182.3000SHORT 119.63
04/02/2021178.2000BUY 118.36
18/01/2021189.9500SELL 119.07
06/01/2021150.7901BUY 95.09
04/01/2021146.9629SELL 95.66
24/12/2020149.0499BUY 97.60
11/12/2020123.3752SELL 98.19
04/12/2020121.3440BUY 97.16
26/11/2020115.4168SELL 97.75
18/11/2020108.4242BUY 92.38
13/11/2020102.4232SELL 92.94
10/11/2020103.5608BUY 94.54
06/11/202098.4578SHORT 100.91
30/10/202099.0904BUY 102.79
27/10/2020100.9077SELL 103.41
23/10/2020100.7419BUY 103.86
09/10/2020104.4249SELL 104.49
25/09/202094.5098BUY 95.14
17/09/202098.5979SELL 95.71
07/09/202099.8821BUY 97.54
02/09/202099.2041SHORT 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
26/02/2021194.8300SELL 180.83
23/02/2021188.2000BUY 175.73
12/02/2021182.3000SHORT 183.81
04/02/2021178.2000BUY 181.85
18/01/2021189.9500SELL 182.95
06/01/2021150.7901BUY 146.11
04/01/2021146.9629SELL 146.99
24/12/2020149.0499BUY 149.98
11/12/2020123.3752SELL 150.89
04/12/2020121.3440BUY 149.30
26/11/2020115.4168SELL 150.20
18/11/2020108.4242BUY 141.95
13/11/2020102.4232SELL 142.81
10/11/2020103.5608BUY 145.27
06/11/202098.4578SHORT 155.07
30/10/202099.0904BUY 157.96
27/10/2020100.9077SELL 158.91
23/10/2020100.7419BUY 159.61
09/10/2020104.4249SELL 160.57
25/09/202094.5098BUY 146.20
17/09/202098.5979SELL 147.08
07/09/202099.8821BUY 149.90
02/09/202099.2041SHORT 152.76
25/08/202098.7987BUY 153.98
18/08/2020100.1615SELL 154.91
10/08/202094.4878BUY 147.02
30/07/202090.2107SHORT 156.21
28/07/202095.0683BUY 166.62
23/07/202091.7711SELL 167.63
14/07/202089.4017BUY 164.29
09/07/202088.5824SELL 165.28
30/06/202083.2933BUY 156.35
10/06/202092.9787SELL 157.29
18/05/202076.8219BUY 130.74
12/05/202077.9936SELL 131.53
22/04/202067.4825BUY 114.49
14/04/202074.1870SELL 115.18
02/04/202056.1794BUY 87.75
31/03/202055.7599SHORT 89.49
24/03/202050.6869BUY 82.33
19/03/202046.4951SHORT 91.58
17/03/202049.8598BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
26/02/2021194.8300SELL 296.61
23/02/2021188.2000BUY 288.25
12/02/2021182.3000SHORT 301.50
04/02/2021178.2000BUY 298.29
18/01/2021189.9500SELL 300.09
06/01/2021150.7901BUY 239.66
04/01/2021146.9629SELL 241.11
24/12/2020149.0499BUY 246.01
11/12/2020123.3752SELL 247.49
04/12/2020121.3440BUY 244.88
26/11/2020115.4168SELL 246.36
18/11/2020108.4242BUY 232.83
13/11/2020102.4232SELL 234.24
10/11/2020103.5608BUY 238.27
06/11/202098.4578SHORT 254.34
30/10/202099.0904BUY 259.07
27/10/2020100.9077SELL 260.63
23/10/2020100.7419BUY 261.77
09/10/2020104.4249SELL 263.35
25/09/202094.5098BUY 239.78
17/09/202098.5979SELL 241.23
07/09/202099.8821BUY 245.85
02/09/202099.2041SHORT 250.54
25/08/202098.7987BUY 252.54
18/08/2020100.1615SELL 254.06
10/08/202094.4878BUY 241.12
30/07/202090.2107SHORT 256.19
28/07/202095.0683BUY 273.25
23/07/202091.7711SELL 274.90
14/07/202089.4017BUY 269.42
09/07/202088.5824SELL 271.05
30/06/202083.2933BUY 256.40
10/06/202092.9787SELL 257.95
18/05/202076.8219BUY 214.41
12/05/202077.9936SELL 215.70
22/04/202067.4825BUY 187.76
14/04/202074.1870SELL 188.89
02/04/202056.1794BUY 143.90
31/03/202055.7599SHORT 146.75
24/03/202050.6869BUY 135.01
19/03/202046.4951SHORT 150.19
17/03/202049.8598BUY 163.01
19/02/2020124.3893SHORT 103.17
12/02/2020123.7785BUY 103.91
10/02/2020118.4165SHORT 110.16
05/02/2020123.7756BUY 116.54
10/01/2020142.6997SELL 117.24
20/12/2019141.4855BUY 116.94
17/12/2019134.9862SELL 117.65
13/12/2019132.0978BUY 115.83
11/12/2019124.8204SELL 116.53
25/11/2019126.6610BUY 118.96
13/11/2019126.0315SHORT 121.00
11/11/2019128.2672BUY 124.64
24/10/2019137.6709SELL 125.39
10/10/2019130.9904BUY 120.03
02/10/2019133.4196SHORT 119.31
30/09/2019137.0574BUY 124.05
25/09/2019138.4144SELL 124.80
16/09/2019143.2819BUY 129.97
12/09/2019135.0460SELL 130.75
29/08/2019118.9878BUY 115.90
23/08/2019117.9356SELL 116.60
19/08/2019113.9665BUY 113.36
15/08/2019112.7493SELL 114.04
07/08/2019106.8462BUY 108.72
25/07/2019115.7329SHORT 102.19
22/07/2019113.8455BUY 101.74
16/07/2019122.4812SELL 102.35
14/06/2019104.0373BUY 87.46
05/06/2019108.3379SHORT 85.14
16/05/2019114.8773BUY 91.37
02/05/2019115.9395SELL 91.92
30/04/2019120.9383BUY 96.46
25/04/2019121.0590SELL 97.04
23/04/2019120.7603BUY 97.38
16/04/2019118.5593SHORT 100.42
08/04/2019115.9539BUY 99.40
† Trade commissions are taken as 0.60%.

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