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OSE
Index
fx
OTELG
OSE
OBX TELECOMMUNICATIONS GR
SELL
Close
2453
Prev.Close
2478
Change
-25.0000
Change%
-1.01%
BEARISH THREE GAP UPS
Sold at
2469.45
Open
2479
High
2482
Low
2445
Close
2453
Gain%
-0.67%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
NOK100⇨
09.05
2469
SELL
-0.7%
113
28.04
2404
BUY
+2.7%
✔
111
23.04
2399
SELL
+0.2%
❌
111
11.04
2288
BUY
+4.9%
✔
106
04.04
2389
SHORT
-4.2%
✔
102
28.03
2404
BUY
-0.6%
❌
103
25.03
2378
SELL
+1.1%
❌
103
14.03
2377
BUY
0.0%
✔
103
12.03
2342
SELL
+1.5%
❌
103
10.03
2346
BUY
-0.2%
❌
103
05.03
2314
SELL
+1.4%
❌
104
12.02
2246
BUY
+3.0%
✔
101
10.02
2243
SELL
+0.1%
❌
101
06.02
2241
BUY
+0.1%
✔
101
03.02
2223
SELL
+0.8%
❌
101
27.01
2174
BUY
+2.3%
✔
99
22.01
2147
SELL
+1.3%
❌
99
15.01
2078
BUY
+3.3%
✔
96
07.01
2077
SELL
0.0%
❌
96
02.01
2071
BUY
+0.3%
✔
96
11.12
2044
SHORT
+1.3%
❌
98
06.12
2065
BUY
-1.0%
❌
99
29.11
2092
SHORT
-1.3%
✔
98
12.11
2125
BUY
-1.6%
❌
100
† Trade commissions are taken as 0.15%.
Date
Price
Signal
Change%
NOK100⇨
09.05
2469
SELL
-0.7%
156
28.04
2404
BUY
+2.7%
✔
152
23.04
2399
SELL
+0.2%
❌
153
11.04
2288
BUY
+4.9%
✔
146
04.04
2389
SHORT
-4.2%
✔
140
28.03
2404
BUY
-0.6%
❌
142
25.03
2378
SELL
+1.1%
❌
142
14.03
2377
BUY
0.0%
✔
142
12.03
2342
SELL
+1.5%
❌
142
10.03
2346
BUY
-0.2%
❌
143
05.03
2314
SELL
+1.4%
❌
143
12.02
2246
BUY
+3.0%
✔
139
10.02
2243
SELL
+0.1%
❌
139
06.02
2241
BUY
+0.1%
✔
139
03.02
2223
SELL
+0.8%
❌
139
27.01
2174
BUY
+2.3%
✔
136
22.01
2147
SELL
+1.3%
❌
137
15.01
2078
BUY
+3.3%
✔
132
07.01
2077
SELL
0.0%
❌
133
02.01
2071
BUY
+0.3%
✔
132
11.12
2044
SHORT
+1.3%
❌
135
06.12
2065
BUY
-1.0%
❌
136
29.11
2092
SHORT
-1.3%
✔
135
12.11
2125
BUY
-1.6%
❌
138
05.11
2192
SELL
-3.1%
✔
138
24.10
2118
BUY
+3.5%
✔
133
18.10
2129
SELL
-0.5%
✔
134
16.10
2098
BUY
+1.5%
✔
132
10.10
2100
SHORT
-0.1%
✔
132
01.10
2124
BUY
-1.1%
❌
134
27.09
2114
SHORT
+0.5%
❌
135
23.09
2116
BUY
-0.1%
❌
136
13.09
2115
SELL
0.0%
❌
136
23.08
2012
BUY
+5.1%
✔
129
21.08
2008
SHORT
+0.2%
❌
130
19.08
2016
BUY
-0.4%
❌
131
01.08
2037
SELL
-1.0%
✔
131
10.07
1899
BUY
+7.3%
✔
122
04.07
1892
SHORT
+0.4%
❌
123
28.06
1909
BUY
-0.9%
❌
125
24.06
1922
SHORT
-0.7%
✔
124
19.06
1939
BUY
-0.9%
❌
126
07.06
1969
SELL
-1.5%
✔
126
03.06
1938
BUY
+1.6%
✔
124
29.05
1931
SHORT
+0.4%
❌
125
27.05
1948
BUY
-0.9%
❌
126
22.05
1993
SELL
-2.3%
✔
127
13.05
1983
BUY
+0.5%
✔
126
07.05
1940
SELL
+2.2%
❌
126
30.04
1924
BUY
+0.8%
✔
126
25.04
1901
SELL
+1.2%
❌
126
19.04
1829
BUY
+3.9%
✔
121
16.04
1820
SHORT
+0.5%
❌
122
12.04
1824
BUY
-0.2%
❌
123
08.04
1836
SELL
-0.7%
✔
123
14.03
1694
BUY
+8.4%
✔
113
29.02
1748
SELL
-3.1%
✔
114
13.02
1718
BUY
+1.7%
✔
112
09.02
1711
SHORT
+0.4%
❌
113
07.02
1714
BUY
-0.2%
❌
113
22.01
1833
SELL
-6.5%
✔
113
27.12
1748
BUY
+4.8%
✔
108
18.12
1788
SELL
-2.2%
✔
108
14.12
1808
BUY
-1.1%
❌
110
12.12
1820
SELL
-0.7%
✔
110
23.11
1672
BUY
+8.9%
✔
101
15.11
1713
SELL
-2.4%
✔
101
13.11
1728
BUY
-0.9%
❌
102
08.11
1723
SELL
+0.3%
❌
103
02.11
1724
BUY
-0.1%
❌
103
24.10
1691
SHORT
+2.0%
❌
105
20.10
1726
BUY
-2.0%
❌
108
17.10
1736
SELL
-0.6%
✔
108
09.10
1748
BUY
-0.7%
❌
109
05.10
1713
SHORT
+2.1%
❌
111
02.10
1745
BUY
-1.9%
❌
114
22.09
1772
SELL
-1.5%
✔
114
12.09
1608
BUY
+10.2%
✔ 👍
104
04.09
1636
SELL
-1.7%
✔
104
28.08
1569
BUY
+4.3%
✔
100
22.08
1554
SHORT
+1.0%
❌
101
17.08
1568
BUY
-0.9%
❌
102
25.07
1582
SELL
-0.9%
✔
102
20.07
1533
BUY
+3.2%
✔
99
04.07
1558
SHORT
-1.6%
✔
98
28.06
1576
BUY
-1.2%
❌
99
22.06
1578
SHORT
-0.1%
✔
100
16.06
1602
BUY
-1.5%
❌
101
26.05
1650
SHORT
-2.9%
✔
99
24.05
1691
BUY
-2.5%
❌
102
15.05
1763
SHORT
-4.1%
✔
98
10.05
1792
BUY
-1.6%
❌
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
SELL
. The
BEARISH THREE GAP UPS
pattern has finally received confirmation because the values crossed below the confirmation level at 2476, and our valid average selling value now stands at 2469. The previous
BUY
signal was issued on 28.04.2025, 11 days ago, when the index value was 2404. Since then,
OTELG
has risen by
+2.71%
.
Market Outlook
We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a
SELL
signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.
Pattern Description
This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend.
more...
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