Title
by Americanbulls.com LLC
Last Update
23.04.2018
FOE.OL
FRED OLSEN ENERGY
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
14.3000
Change:
-0.6600
Percent change
-4.41%
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 14.8400, and our valid average selling price stands now at 14.8200. The previous BUY signal was issued on 10.04.2018, 13 days ago, when the stock price was 11.2850. Since then FOE.OL has risen by +31.32%.
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⇨ 
23.04.201814.8200SELL 314.22
10.04.201811.2850BUY 239.63
26.03.201813.4000SHORT 207.59
21.03.201813.6200BUY 211.63
02.03.201817.5800SHORT 173.24
23.02.201818.6200BUY 184.04
26.01.201823.9600SELL 184.32
23.01.201823.9600BUY 184.60
11.01.201822.8700SELL 184.88
04.01.201821.9600BUY 177.79
02.01.201821.2600SELL 178.06
11.12.201717.4000BUY 145.95
05.12.201719.1000SHORT 134.42
30.11.201718.7000BUY 132.00
24.11.201719.6000SHORT 126.58
22.11.201720.1000BUY 130.20
03.11.201724.0000SELL 130.40
27.10.201718.3500BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
23.04.201814.8200SELL 1,215.83
10.04.201811.2850BUY 927.21
26.03.201813.4000SHORT 803.22
21.03.201813.6200BUY 818.86
02.03.201817.5800SHORT 670.33
23.02.201818.6200BUY 712.12
26.01.201823.9600SELL 713.19
23.01.201823.9600BUY 714.26
11.01.201822.8700SELL 715.33
04.01.201821.9600BUY 687.90
02.01.201821.2600SELL 688.93
11.12.201717.4000BUY 564.69
05.12.201719.1000SHORT 520.10
30.11.201718.7000BUY 510.74
24.11.201719.6000SHORT 489.79
22.11.201720.1000BUY 503.79
03.11.201724.0000SELL 504.55
27.10.201718.3500BUY 386.35
24.10.201715.3000SELL 386.93
18.10.201713.1500BUY 333.06
11.10.201713.1000SELL 333.56
05.10.201712.5750BUY 320.67
29.09.201713.7300SELL 321.15
12.09.20179.4200BUY 220.67
07.09.20179.5000SHORT 219.49
04.09.20179.3100BUY 215.75
18.08.201710.1700SELL 216.07
16.08.201710.0750BUY 214.37
10.08.201710.6300SELL 214.69
28.07.20178.6300BUY 174.56
19.06.201715.8000SHORT 120.43
13.06.201715.4000BUY 117.73
29.05.201718.5000SHORT 101.14
24.05.201718.8500BUY 103.36
18.05.201718.9000SHORT 103.40
09.05.201719.3000BUY 105.91
27.04.201720.4000SHORT 100.79
25.04.201720.1500BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
23.04.201814.8200SELL 10,734.29
10.04.201811.2850BUY 8,186.13
26.03.201813.4000SHORT 7,091.46
21.03.201813.6200BUY 7,229.56
02.03.201817.5800SHORT 5,918.19
23.02.201818.6200BUY 6,287.15
26.01.201823.9600SELL 6,296.59
23.01.201823.9600BUY 6,306.05
11.01.201822.8700SELL 6,315.52
04.01.201821.9600BUY 6,073.33
02.01.201821.2600SELL 6,082.45
11.12.201717.4000BUY 4,985.59
05.12.201719.1000SHORT 4,591.88
30.11.201718.7000BUY 4,509.23
24.11.201719.6000SHORT 4,324.23
22.11.201720.1000BUY 4,447.88
03.11.201724.0000SELL 4,454.56
27.10.201718.3500BUY 3,411.00
24.10.201715.3000SELL 3,416.12
18.10.201713.1500BUY 2,940.49
11.10.201713.1000SELL 2,944.91
05.10.201712.5750BUY 2,831.14
29.09.201713.7300SELL 2,835.39
12.09.20179.4200BUY 1,948.25
07.09.20179.5000SHORT 1,937.79
04.09.20179.3100BUY 1,904.74
18.08.201710.1700SELL 1,907.60
16.08.201710.0750BUY 1,892.62
10.08.201710.6300SELL 1,895.46
28.07.20178.6300BUY 1,541.15
19.06.201715.8000SHORT 1,063.27
13.06.201715.4000BUY 1,039.47
29.05.201718.5000SHORT 892.96
24.05.201718.8500BUY 912.59
18.05.201718.9000SHORT 912.92
09.05.201719.3000BUY 935.04
27.04.201720.4000SHORT 889.87
25.04.201720.1500BUY 881.61
05.04.201727.9000SELL 882.93
20.03.201722.7000BUY 719.45
15.03.201721.7000SELL 720.53
13.03.201722.0000BUY 731.59
07.03.201723.3500SELL 732.69
27.02.201720.6000BUY 647.37
23.02.201720.4000SELL 648.34
09.02.201718.7000BUY 595.20
26.01.201721.7500SHORT 523.57
20.01.201722.5000BUY 543.25
16.01.201722.8000SHORT 537.81
11.01.201722.9000BUY 541.79
04.01.201731.5000SELL 542.60
02.01.201732.1000BUY 553.77
29.12.201630.9000SELL 554.60
16.12.201623.0000BUY 413.43
14.12.201622.0000SELL 414.05
01.12.201614.5500BUY 274.25
18.11.201614.4500SHORT 276.99
03.11.201615.0500BUY 289.36
27.10.201614.7500SELL 289.79
04.10.201611.5000BUY 226.28
09.09.201613.6000SHORT 196.60
31.08.201614.2500BUY 206.62
29.08.201614.2000SELL 206.93
16.08.201613.2000BUY 192.65
02.08.201616.4000SHORT 161.68
29.07.201616.4000BUY 162.17
14.07.201624.2500SHORT 122.88
11.07.201624.0000BUY 121.98
10.06.201631.9000SHORT 98.06
02.06.201631.9500BUY 98.51
31.05.201632.8000SELL 98.66
25.05.201632.9000BUY 99.11
12.05.201633.3500SELL 99.26
10.05.201633.3000BUY 99.26
02.05.201634.0000SELL 99.41
28.04.201634.1000BUY 99.85
† Trade commissions are taken as 0.15%.

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