Title
by Americanbulls.com LLC
Last Update
20/04/2021
ITAIM
FTSE AIM ITALIA
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
9,031.7900
Change:
-106.0100
Percent change
-1.16%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the values crossed below the confirmation level which was at 9,094.6350, and our valid average selling value stands now at 9,080.7050. The previous BUY signal was issued on 16/03/2021, 35 days ago, when the index value was 8,211.1000. Since then ITAIM has risen by +10.59%.
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⇨ 
20/04/20219,080.7050SELL 124.35
16/03/20218,211.1000BUY 113.12
12/03/20218,095.3100SELL 113.80
09/03/20218,050.6600BUY 113.86
04/03/20218,017.0300SHORT 115.72
01/03/20218,023.6850BUY 117.22
25/02/20218,043.4100SELL 117.93
22/02/20218,077.9700BUY 119.15
17/02/20218,064.6800SELL 119.87
15/02/20217,990.3300BUY 119.48
11/02/20217,867.8400SELL 120.20
02/02/20217,609.3900BUY 116.95
22/01/20217,565.7750SELL 117.66
14/01/20217,488.5600BUY 117.16
12/01/20217,479.5500SELL 117.87
03/11/20206,269.4700BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
20/04/20219,080.7050SELL 115.76
16/03/20218,211.1000BUY 105.31
12/03/20218,095.3100SELL 105.95
09/03/20218,050.6600BUY 106.00
04/03/20218,017.0300SHORT 107.74
01/03/20218,023.6850BUY 109.14
25/02/20218,043.4100SELL 109.80
22/02/20218,077.9700BUY 110.94
17/02/20218,064.6800SELL 111.61
15/02/20217,990.3300BUY 111.25
11/02/20217,867.8400SELL 111.92
02/02/20217,609.3900BUY 108.90
22/01/20217,565.7750SELL 109.56
14/01/20217,488.5600BUY 109.10
12/01/20217,479.5500SELL 109.76
03/11/20206,269.4700BUY 92.56
23/09/20206,648.5700SHORT 88.63
17/09/20206,689.6300BUY 90.26
11/09/20206,669.6850SELL 90.80
02/09/20206,689.1800BUY 91.62
28/08/20206,691.4000SELL 92.17
24/08/20206,655.9900BUY 92.24
14/08/20206,685.4400SHORT 92.95
07/08/20206,613.0000BUY 93.06
04/08/20206,562.9400SHORT 94.91
29/07/20206,888.0000BUY 100.82
24/07/20206,880.7200SHORT 102.15
15/07/20206,862.2900BUY 103.11
10/06/20207,044.8800SELL 103.73
21/05/20206,648.7100BUY 98.49
07/05/20206,692.0800SHORT 99.04
28/04/20206,636.0300BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
20/04/20219,080.7050SELL 126.57
16/03/20218,211.1000BUY 115.14
12/03/20218,095.3100SELL 115.83
09/03/20218,050.6600BUY 115.89
04/03/20218,017.0300SHORT 117.79
01/03/20218,023.6850BUY 119.32
25/02/20218,043.4100SELL 120.04
22/02/20218,077.9700BUY 121.28
17/02/20218,064.6800SELL 122.01
15/02/20217,990.3300BUY 121.61
11/02/20217,867.8400SELL 122.34
02/02/20217,609.3900BUY 119.04
22/01/20217,565.7750SELL 119.76
14/01/20217,488.5600BUY 119.25
12/01/20217,479.5500SELL 119.97
03/11/20206,269.4700BUY 101.17
23/09/20206,648.5700SHORT 96.87
17/09/20206,689.6300BUY 98.65
11/09/20206,669.6850SELL 99.25
02/09/20206,689.1800BUY 100.14
28/08/20206,691.4000SELL 100.74
24/08/20206,655.9900BUY 100.81
14/08/20206,685.4400SHORT 101.58
07/08/20206,613.0000BUY 101.70
04/08/20206,562.9400SHORT 103.72
29/07/20206,888.0000BUY 110.18
24/07/20206,880.7200SHORT 111.63
15/07/20206,862.2900BUY 112.68
10/06/20207,044.8800SELL 113.36
21/05/20206,648.7100BUY 107.63
07/05/20206,692.0800SHORT 108.23
28/04/20206,636.0300BUY 108.62
24/04/20206,585.2300SELL 109.28
20/03/20206,128.2300BUY 102.31
10/02/20207,773.9800SHORT 85.46
04/02/20207,812.5200BUY 86.92
27/01/20207,896.4600SELL 87.44
08/01/20207,889.5000BUY 87.89
03/01/20207,879.7100SHORT 89.06
18/12/20197,975.3900BUY 91.23
13/12/20197,978.8500SELL 91.78
15/11/20197,751.4400BUY 89.70
12/11/20197,759.3700SELL 90.24
24/10/20197,772.1600BUY 90.93
18/10/20197,725.0600SHORT 92.60
14/10/20197,646.1000BUY 92.76
19/09/20198,052.1700SELL 93.32
17/09/20198,078.6000BUY 94.19
11/09/20198,062.1000SELL 94.76
04/09/20197,977.6900BUY 94.33
23/08/20197,978.2700SHORT 95.47
16/08/20197,891.7600BUY 95.58
11/07/20199,000.9900SELL 96.16
13/06/20198,794.5100BUY 94.52
06/06/20198,724.7600SELL 95.09
03/06/20198,671.7800BUY 95.08
24/05/20198,651.5900SHORT 96.46
21/05/20198,720.1600BUY 98.40
13/05/20198,736.8900SHORT 99.40
† Trade commissions are taken as 0.60%.

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