Title
by Americanbulls.com LLC
Last Update
02.06.2020
BGBIO.OL
BERGENBIO
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
38.7000
Change:
-0.6500
Percent change
-1.65%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 39.3500, and our valid average selling price stands now at 39.0600. The previous BUY signal was issued on 22.05.2020, 11 days ago, when the stock price was 41.6900. Since then BGBIO.OL has fallen by -6.31%.
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 top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
NOK100⇨ 
02.06.202039.0600SELL 489.17
22.05.202041.6900BUY 522.89
19.05.202042.4900SELL 523.68
06.04.202015.7163BUY 193.99
02.04.202015.4413SELL 194.28
18.03.202013.3529BUY 168.26
06.03.202016.8637SELL 168.51
02.03.202016.0327BUY 160.45
24.02.202017.8353SHORT 146.16
19.02.202018.3267BUY 150.64
07.02.202018.1743SHORT 152.37
05.02.202018.6450BUY 156.79
20.01.202021.8451SHORT 137.17
10.01.202022.2001BUY 139.82
03.01.202024.1541SELL 140.03
05.12.201917.1980BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
02.06.202039.0600SELL 842.23
22.05.202041.6900BUY 900.29
19.05.202042.4900SELL 901.64
06.04.202015.7163BUY 334.00
02.04.202015.4413SELL 334.50
18.03.202013.3529BUY 289.69
06.03.202016.8637SELL 290.13
02.03.202016.0327BUY 276.25
24.02.202017.8353SHORT 251.65
19.02.202018.3267BUY 259.36
07.02.202018.1743SHORT 262.34
05.02.202018.6450BUY 269.94
20.01.202021.8451SHORT 236.16
10.01.202022.2001BUY 240.72
03.01.202024.1541SELL 241.08
05.12.201917.1980BUY 171.91
03.12.201916.4244SELL 172.17
29.11.201916.4965BUY 173.19
27.11.201915.4404SHORT 186.46
22.11.201914.9978BUY 181.66
12.11.201917.2549SHORT 161.13
05.11.201916.5571BUY 155.08
24.10.201917.3733SELL 155.31
17.10.201914.9980BUY 134.28
15.10.201914.4972SELL 134.48
26.09.201913.7769BUY 127.99
13.09.201915.2446SHORT 117.10
10.09.201914.9944BUY 115.52
06.09.201914.3383SELL 115.69
04.09.201913.9462BUY 112.70
28.08.201916.0739SELL 112.87
22.08.201913.0369BUY 91.68
14.08.201912.4459SHORT 96.54
12.08.201912.8054BUY 99.63
05.08.201912.8197SELL 99.78
08.07.201912.8092BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
02.06.202039.0600SELL 1,216.24
22.05.202041.6900BUY 1,300.08
19.05.202042.4900SELL 1,302.03
06.04.202015.7163BUY 482.32
02.04.202015.4413SELL 483.04
18.03.202013.3529BUY 418.34
06.03.202016.8637SELL 418.97
02.03.202016.0327BUY 398.92
24.02.202017.8353SHORT 363.39
19.02.202018.3267BUY 374.52
07.02.202018.1743SHORT 378.82
05.02.202018.6450BUY 389.80
20.01.202021.8451SHORT 341.02
10.01.202022.2001BUY 347.60
03.01.202024.1541SELL 348.12
05.12.201917.1980BUY 248.24
03.12.201916.4244SELL 248.61
29.11.201916.4965BUY 250.08
27.11.201915.4404SHORT 269.25
22.11.201914.9978BUY 262.32
12.11.201917.2549SHORT 232.67
05.11.201916.5571BUY 223.93
24.10.201917.3733SELL 224.27
17.10.201914.9980BUY 193.90
15.10.201914.4972SELL 194.19
26.09.201913.7769BUY 184.82
13.09.201915.2446SHORT 169.10
10.09.201914.9944BUY 166.82
06.09.201914.3383SELL 167.07
04.09.201913.9462BUY 162.75
28.08.201916.0739SELL 162.99
22.08.201913.0369BUY 132.39
14.08.201912.4459SHORT 139.41
12.08.201912.8054BUY 143.87
05.08.201912.8197SELL 144.09
08.07.201912.8092BUY 144.19
27.05.201921.9890SHORT 102.03
22.05.201922.5440BUY 104.92
06.05.201923.2711SHORT 102.05
30.04.201923.4948BUY 103.34
24.04.201924.3579SELL 103.50
15.04.201923.8310BUY 101.41
22.03.201925.2933SELL 101.56
14.03.201925.0225BUY 100.62
05.03.201925.7356SELL 100.77
18.02.201924.1932BUY 94.87
11.01.201927.1078SHORT 85.92
04.01.201928.1889BUY 89.62
27.12.201825.8378SHORT 98.89
13.12.201829.5902BUY 113.59
12.11.201831.3604SELL 113.76
01.11.201829.4835BUY 107.11
28.09.201835.3073SELL 107.27
17.09.201833.8599BUY 103.03
07.09.201836.1912SELL 103.18
15.08.201833.1860BUY 94.75
10.08.201832.7448SHORT 96.33
08.08.201832.8842BUY 97.03
03.08.201832.8462SHORT 97.43
25.07.201833.5620BUY 99.85
† Trade commissions are taken as 0.15%.

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