Title
by Americanbulls.com LLC
Last Update
08/07/2020
NGSP.L
ETFS NATURAL GAS ETC
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
1.0869
Change:
-0.0423
Percent change
-3.75%
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 1.1248, and our valid average selling price stands now at 1.0974. The previous BUY signal was issued on 03/07/2020, 5 days ago, when the stock price was 1.0320. Since then NGSP.L has risen by +6.34%.
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⇨ 
08/07/20201.0974SELL 72.71
03/07/20201.0320BUY 68.79
25/06/20200.9820SHORT 73.36
18/06/20201.0298BUY 77.86
29/05/20201.1707SHORT 70.34
26/05/20201.2131BUY 73.77
21/05/20201.2058SHORT 75.12
18/05/20201.2276BUY 77.40
07/05/20201.3668SELL 77.87
05/05/20201.4484BUY 83.02
23/04/20201.3991SELL 83.52
06/04/20201.2299BUY 73.86
27/03/20201.2594SELL 74.31
24/03/20201.3397BUY 79.53
16/03/20201.3920SELL 80.01
10/03/20201.3777BUY 79.67
27/02/20201.2916SHORT 86.39
17/02/20201.3783BUY 93.31
13/02/20201.3435SHORT 96.95
06/02/20201.3784BUY 100.67
30/01/20201.3622SHORT 103.12
28/01/20201.4105BUY 108.07
15/01/20201.5679SHORT 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
08/07/20201.0974SELL 53.60
03/07/20201.0320BUY 50.71
25/06/20200.9820SHORT 54.08
18/06/20201.0298BUY 57.40
29/05/20201.1707SHORT 51.85
26/05/20201.2131BUY 54.38
21/05/20201.2058SHORT 55.37
18/05/20201.2276BUY 57.05
07/05/20201.3668SELL 57.39
05/05/20201.4484BUY 61.18
23/04/20201.3991SELL 61.55
06/04/20201.2299BUY 54.43
27/03/20201.2594SELL 54.76
24/03/20201.3397BUY 58.60
16/03/20201.3920SELL 58.95
10/03/20201.3777BUY 58.70
27/02/20201.2916SHORT 63.65
17/02/20201.3783BUY 68.74
13/02/20201.3435SHORT 71.42
06/02/20201.3784BUY 74.16
30/01/20201.3622SHORT 75.96
28/01/20201.4105BUY 79.61
15/01/20201.5679SHORT 73.22
07/01/20201.5674BUY 74.08
24/12/20191.6109SHORT 73.01
12/12/20191.6316BUY 74.84
09/12/20191.5926SHORT 77.65
03/12/20191.7521BUY 86.46
11/11/20191.9940SELL 86.98
29/10/20191.9898BUY 87.32
11/10/20191.9197SHORT 91.73
04/10/20192.0554BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
08/07/20201.0974SELL 53.60
03/07/20201.0320BUY 50.71
25/06/20200.9820SHORT 54.08
18/06/20201.0298BUY 57.40
29/05/20201.1707SHORT 51.85
26/05/20201.2131BUY 54.38
21/05/20201.2058SHORT 55.37
18/05/20201.2276BUY 57.05
07/05/20201.3668SELL 57.39
05/05/20201.4484BUY 61.18
23/04/20201.3991SELL 61.55
06/04/20201.2299BUY 54.43
27/03/20201.2594SELL 54.76
24/03/20201.3397BUY 58.60
16/03/20201.3920SELL 58.95
10/03/20201.3777BUY 58.70
27/02/20201.2916SHORT 63.65
17/02/20201.3783BUY 68.74
13/02/20201.3435SHORT 71.42
06/02/20201.3784BUY 74.16
30/01/20201.3622SHORT 75.96
28/01/20201.4105BUY 79.61
15/01/20201.5679SHORT 73.22
07/01/20201.5674BUY 74.08
24/12/20191.6109SHORT 73.01
12/12/20191.6316BUY 74.84
09/12/20191.5926SHORT 77.65
03/12/20191.7521BUY 86.46
11/11/20191.9940SELL 86.98
29/10/20191.9898BUY 87.32
11/10/20191.9197SHORT 91.73
04/10/20192.0554BUY 99.40
† Trade commissions are taken as 0.60%.

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