Title
by Americanbulls.com LLC
Last Update
04-07-2022
ICOV.AS
ISHRS EUR COVERED EUR DIST ETF
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
142.0600
Change:
-0.9200
Percent change
-0.64%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 142.4850, and our valid average selling price stands now at 142.3350. The previous BUY signal was issued on 23-06-2022, 11 days ago, when the stock price was 139.9900. Since then ICOV.AS has risen by +1.68%.
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 four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
€100⇨ 
04-07-2022142.3350SELL 96.42
23-06-2022139.9900BUY 94.97
21-06-2022139.0600SHORT 95.90
15-06-2022139.4200BUY 96.44
26-05-2022145.0700SELL 96.58
20-05-2022145.4100BUY 96.95
17-05-2022145.1700SELL 97.10
12-05-2022145.2350BUY 97.29
29-04-2022145.1800SHORT 97.62
26-04-2022145.9800BUY 98.45
07-04-2022147.4100SHORT 97.80
04-04-2022148.2800BUY 98.67
08-03-2022151.7700SELL 98.82
03-03-2022152.3400BUY 99.34
25-02-2022150.9300SHORT 100.58
17-02-2022151.2900BUY 101.12
28-01-2022154.5600SHORT 99.32
21-01-2022154.9200BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
€100⇨ 
04-07-2022142.3350SELL 90.97
23-06-2022139.9900BUY 89.61
21-06-2022139.0600SHORT 90.48
15-06-2022139.4200BUY 90.99
26-05-2022145.0700SELL 91.13
20-05-2022145.4100BUY 91.48
17-05-2022145.1700SELL 91.62
12-05-2022145.2350BUY 91.80
29-04-2022145.1800SHORT 92.11
26-04-2022145.9800BUY 92.90
07-04-2022147.4100SHORT 92.28
04-04-2022148.2800BUY 93.10
08-03-2022151.7700SELL 93.24
03-03-2022152.3400BUY 93.73
25-02-2022150.9300SHORT 94.90
17-02-2022151.2900BUY 95.41
28-01-2022154.5600SHORT 93.71
21-01-2022154.9200BUY 94.21
08-12-2021156.6800SELL 94.35
02-12-2021156.9200BUY 94.64
24-11-2021156.2500SELL 94.78
18-11-2021156.5300BUY 95.09
11-11-2021156.2700SELL 95.23
05-11-2021156.8300BUY 95.71
29-10-2021155.6600SHORT 96.72
27-10-2021156.1300BUY 97.30
27-09-2021156.8300SHORT 97.16
22-09-2021157.4100BUY 97.81
17-09-2021157.2200SHORT 98.22
09-09-2021157.7300BUY 98.83
07-09-2021157.4700SHORT 99.29
02-09-2021157.9500BUY 99.89
25-08-2021158.1200SELL 100.04
06-07-2021157.5900BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
€100⇨ 
04-07-2022142.3350SELL 86.94
23-06-2022139.9900BUY 85.64
21-06-2022139.0600SHORT 86.48
15-06-2022139.4200BUY 86.96
26-05-2022145.0700SELL 87.09
20-05-2022145.4100BUY 87.43
17-05-2022145.1700SELL 87.56
12-05-2022145.2350BUY 87.73
29-04-2022145.1800SHORT 88.03
26-04-2022145.9800BUY 88.78
07-04-2022147.4100SHORT 88.19
04-04-2022148.2800BUY 88.98
08-03-2022151.7700SELL 89.11
03-03-2022152.3400BUY 89.58
25-02-2022150.9300SHORT 90.70
17-02-2022151.2900BUY 91.19
28-01-2022154.5600SHORT 89.57
21-01-2022154.9200BUY 90.05
08-12-2021156.6800SELL 90.19
02-12-2021156.9200BUY 90.46
24-11-2021156.2500SELL 90.60
18-11-2021156.5300BUY 90.90
11-11-2021156.2700SELL 91.04
05-11-2021156.8300BUY 91.50
29-10-2021155.6600SHORT 92.47
27-10-2021156.1300BUY 93.03
27-09-2021156.8300SHORT 92.90
22-09-2021157.4100BUY 93.52
17-09-2021157.2200SHORT 93.91
09-09-2021157.7300BUY 94.50
07-09-2021157.4700SHORT 94.94
02-09-2021157.9500BUY 95.52
25-08-2021158.1200SELL 95.66
06-07-2021157.5900BUY 95.48
15-06-2021157.3800SELL 95.62
21-05-2021157.0400BUY 95.56
11-05-2021157.2100SHORT 95.74
03-05-2021157.5200BUY 96.22
12-04-2021157.8600SELL 96.36
01-04-2021157.9500BUY 96.56
08-03-2021157.9500SHORT 96.85
01-03-2021158.1700BUY 97.28
03-02-2021158.9900SHORT 97.07
26-01-2021159.2700BUY 97.53
08-01-2021159.5400SHORT 97.66
29-12-2020159.7200BUY 98.06
23-12-2020159.5100SELL 98.21
12-11-2020159.5300BUY 98.37
06-11-2020159.7200SHORT 98.55
12-10-2020159.5800BUY 98.76
02-10-2020159.4300SELL 98.91
14-09-2020159.2000BUY 98.92
10-09-2020158.9300SELL 99.07
03-09-2020159.1800BUY 99.37
26-08-2020158.7500SELL 99.52
30-07-2020159.0300BUY 99.85
† Trade commissions are taken as 0.15%.

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