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OSE
Index
fx
OBMG
OSE
OBX BASIC MATERIALS GR
STAY IN CASH
Close
1386
Prev.Close
1394
Change
-8.0000
Change%
-0.57%
BULLISH THREE OUTSIDE U...
Sold at
1756.00
Open
1394
High
1397
Low
1374
Close
1386
Gain%
-21.08%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
NOK100⇨
04.06
1756
SELL
-21.1%
✔
138
04.05
1601
BUY
+9.7%
✔
126
14.04
1685
SELL
-5.0%
✔
126
25.03
1469
BUY
+14.7%
✔ 👍
110
23.03
1425
SHORT
+3.1%
❌
114
18.02
1337
BUY
+6.6%
✔
107
13.02
1368
SHORT
-2.3%
✔
105
12.01
1295
BUY
+5.6%
✔
100
† Trade commissions are taken as 0.15%.
Date
Price
Signal
Change%
NOK100⇨
04.06
1756
SELL
-21.1%
✔
253
04.05
1601
BUY
+9.7%
✔
231
14.04
1685
SELL
-5.0%
✔
231
25.03
1469
BUY
+14.7%
✔ 👍
202
23.03
1425
SHORT
+3.1%
❌
209
18.02
1337
BUY
+6.6%
✔
197
13.02
1368
SHORT
-2.3%
✔
193
12.01
1295
BUY
+5.6%
✔
183
08.01
1292
SELL
+0.2%
❌
184
17.12
1245
BUY
+3.8%
✔
177
15.12
1228
SELL
+1.3%
❌
177
11.12
1215
BUY
+1.1%
✔
176
09.12
1203
SELL
+1.0%
❌
176
25.11
1159
BUY
+3.8%
✔
170
14.11
1188
SELL
-2.5%
✔
170
03.11
1141
BUY
+4.2%
✔
164
24.10
1146
SHORT
-0.5%
✔
163
16.10
1169
BUY
-1.9%
❌
167
14.10
1144
SELL
+2.2%
❌
167
01.10
1142
BUY
+0.1%
✔
167
26.09
1129
SELL
+1.2%
❌
167
23.09
1129
BUY
0.0%
✔
168
17.09
1128
SHORT
+0.1%
❌
168
05.09
1114
BUY
+1.3%
✔
167
27.08
1138
SELL
-2.1%
✔
167
08.08
1113
BUY
+2.3%
✔
163
31.07
1110
SHORT
+0.3%
❌
164
21.07
1100
BUY
+0.9%
✔
163
14.07
1097
SELL
+0.2%
❌
164
10.06
1021
BUY
+7.4%
✔
153
03.06
1016
SELL
+0.5%
❌
153
05.05
959
BUY
+5.9%
✔
145
30.04
961
SELL
-0.2%
✔
145
14.04
901
BUY
+6.7%
✔
136
21.03
1062
SHORT
-15.2%
✔
118
14.03
1051
BUY
+1.0%
✔
117
10.03
1057
SELL
-0.6%
✔
118
06.03
1040
BUY
+1.6%
✔
116
28.02
1049
SELL
-0.8%
✔
116
26.02
1056
BUY
-0.7%
❌
117
19.02
1046
SHORT
+1.0%
❌
119
17.02
1050
BUY
-0.4%
❌
119
03.02
1047
SELL
+0.3%
❌
120
28.01
1045
BUY
+0.1%
✔
120
22.01
1039
SELL
+0.6%
❌
120
09.01
990
BUY
+4.9%
✔
114
11.12
1039
SELL
-4.7%
✔
114
03.12
1050
BUY
-1.0%
❌
116
26.11
1062
SELL
-1.1%
✔
116
15.11
1021
BUY
+4.0%
✔
112
08.11
1060
SHORT
-3.7%
✔
108
04.11
1075
BUY
-1.4%
❌
110
15.10
1105
SELL
-2.7%
✔
110
11.10
1103
BUY
+0.2%
✔
110
08.10
1083
SELL
+1.8%
❌
110
07.10
1107
BUY
-2.1%
❌
113
03.10
1087
SELL
+1.9%
❌
113
23.09
1009
BUY
+7.7%
✔
105
18.09
989
SELL
+2.0%
❌
105
11.09
933
BUY
+6.0%
✔
99
03.09
973
SELL
-4.1%
✔
100
30.08
979
BUY
-0.6%
❌
100
28.08
979
SELL
0.0%
✔
100
26.08
981
BUY
-0.2%
❌
101
22.08
968
SHORT
+1.4%
❌
103
12.08
953
BUY
+1.6%
✔
101
24.07
1004
SHORT
-5.1%
✔
97
22.07
1033
BUY
-2.8%
❌
100
16.07
1028
SELL
+0.5%
❌
100
11.07
1027
BUY
+0.1%
✔
100
† Trade commissions are taken as 0.15%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY IN CASH
. The previous
SELL
signal was issued on 04.06.2026, 33 days ago, when the index value was 1756. Since then,
OBMG
has fallen by
-21.08%
.
Market Outlook
The last pattern detected was bullish, indicating positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to
BUY
. The share price is still not above the confirmation level and the signal is suggesting to
STAY IN CASH
, but the chance of a bullish confirmation that will change the signal to
BUY
is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements to maximize profits during the initial phase of a potential bull run.
Pattern Description
This is a confirmed Bullish Engulfing pattern. The first two candlesticks follow the classic Bullish Engulfing pattern, and the third day provides its confirmation.
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