Title
by Americanbulls.com LLC
Last Update
24/09/2020
MASISA
MASISA
Last Signal: SHORT
Last Pattern: BEARISH MEETING LINE
Last Close:
11.5600
Change:
-0.6300
Percent change
-5.17%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 12.1700, and our valid average selling price stands now at 12.1000. The previous BUY signal was issued on 16/09/2020, 8 days ago, when the stock price was 12.0700. Since then MASISA has risen by +0.25%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
CLP100⇨ 
24/09/202012.1000SHORT 119.00
16/09/202012.0700BUY 120.38
07/08/202013.6450SELL 121.23
05/08/202013.7300BUY 122.85
29/07/202013.9100SHORT 123.00
24/07/202013.6800BUY 122.68
11/06/202016.7000SELL 123.54
01/06/202014.4900BUY 107.95
25/05/202015.4800SHORT 102.90
15/05/202014.7300BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
CLP100⇨ 
24/09/202012.1000SHORT 134.32
16/09/202012.0700BUY 135.88
07/08/202013.6450SELL 136.84
05/08/202013.7300BUY 138.66
29/07/202013.9100SHORT 138.83
24/07/202013.6800BUY 138.47
11/06/202016.7000SELL 139.45
01/06/202014.4900BUY 121.85
25/05/202015.4800SHORT 116.15
15/05/202014.7300BUY 112.09
20/02/202027.5500QUIT 112.88
30/12/201932.5200SHORT 98.61
24/12/201932.7550BUY 100.73
11/12/201934.5600SELL 101.44
05/12/201933.4350BUY 98.83
27/11/201933.7950SHORT 99.17
18/11/201932.7900BUY 97.58
07/11/201934.5700SHORT 94.11
05/11/201934.9700BUY 96.55
21/10/201937.4050SELL 97.23
30/09/201937.9350BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
CLP100⇨ 
24/09/202012.1000SHORT 114.39
16/09/202012.0700BUY 115.72
07/08/202013.6450SELL 116.54
05/08/202013.7300BUY 118.09
29/07/202013.9100SHORT 118.23
24/07/202013.6800BUY 117.92
11/06/202016.7000SELL 118.75
01/06/202014.4900BUY 103.76
25/05/202015.4800SHORT 98.90
15/05/202014.7300BUY 95.44
20/02/202027.5500QUIT 96.11
30/12/201932.5200SHORT 83.96
24/12/201932.7550BUY 85.76
11/12/201934.5600SELL 86.36
05/12/201933.4350BUY 84.14
27/11/201933.7950SHORT 84.43
18/11/201932.7900BUY 83.08
07/11/201934.5700SHORT 80.13
05/11/201934.9700BUY 82.20
21/10/201937.4050SELL 82.78
30/09/201937.9350BUY 84.54
16/09/201938.0100SHORT 85.57
11/09/201938.7050BUY 88.37
21/08/201940.7600SHORT 85.32
19/08/201941.5000BUY 88.10
23/07/201943.5400QUIT 88.72
13/05/201946.9400SHORT 83.31
08/05/201947.5800BUY 85.64
02/05/201947.6000SELL 86.24
25/04/201945.7300BUY 83.44
22/04/201945.1900SELL 84.03
16/04/201945.6400BUY 85.47
18/12/201837.5000QUIT 86.07
07/12/201838.5700SELL 86.07
23/11/201837.4700BUY 84.20
19/11/201837.0300SELL 84.79
14/11/201837.2350BUY 85.86
13/11/201836.4800SHORT 88.92
09/11/201837.2450BUY 92.07
07/11/201836.8800SHORT 94.31
24/10/201837.4700BUY 97.17
11/10/201837.6350SELL 97.85
01/10/201837.9250BUY 99.30
† Trade commissions are taken as 0.70%.

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