MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how AMSC.OL displayed a rally after the BUY signal which was issued on 13.03.2024. Since then, the gain in this stock stretched to a whopping 18%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
18.04.2024
 
AMSC.OL
 
Amsc
 
Last Signal
SELL
2205
Sell Level
29.60
Sold at
29.47
Close
29.20
Gain%
-0.92
Bought on
18.04.2024
 
Last Signal
BUY
2102
Buy Level
7.9900
Bought at
8.2700
Close
8.3200
Gain%
0.60
Bought on
18.04.2024
 
SCHA.OL
 
Last Signal
BUY
4101
Buy Level
311.90
Bought at
313.31
Close
316.00
Gain%
0.86
Bought on
17.04.2024
 
Last Signal
STAY LONG
2202
Sell Level
71.62
Bought at
73.10
Close
72.35
Loss%
-1.03
Bought on
17.04.2024
 
LIFE.OL
 
Last Signal
STAY LONG
2208
Sell Level
3.8375
Bought at
3.8770
Close
3.9450
Gain%
1.75
Sold on
17.04.2024
 
PHLY.OL
 
Last Signal
STAY IN CASH
2103
Buy Level
37.30
Sold at
36.78
Close
37.30
Loss%
1.41
Sold on
17.04.2024
 
SPIR.OL
 
Last Signal
STAY IN CASH
0
 
Sold at
7.0800
Close
7.1200
Loss%
0.56
Sold on
16.04.2024
 
Last Signal
STAY IN CASH
2101
Buy Level
152.00
Sold at
150.77
Close
151.20
Loss%
0.29
Bought on
16.04.2024
 
NODL.OL
 
Last Signal
SHORT
1202
Sell Level
0.3330
Bought at
0.2825
Close
0.3290
Gain%
16.46
Sold on
16.04.2024
 
Last Signal
STAY IN CASH
2103
Buy Level
27.62
Sold at
28.10
Close
27.45
Gain%
-2.31
Sold on
15.04.2024
 
SOFF.OL
 
Last Signal
STAY SHORT
2101
Buy Level
42.10
Sold at
42.92
Close
41.14
Gain%
-4.15
Bought on
15.04.2024
 
STB.OL
 
Last Signal
STAY LONG
2203
Sell Level
94.75
Bought at
94.65
Close
95.00
Gain%
0.37
Sold on
12.04.2024
 
NRC.OL
 
Last Signal
STAY IN CASH
2109
Buy Level
12.45
Sold at
12.90
Close
12.10
Gain%
-6.20
Sold on
12.04.2024
 
TECH.OL
 
Last Signal
STAY IN CASH
2111
Buy Level
10.00
Sold at
9.8800
Close
9.7600
Gain%
-1.21
Bought on
11.04.2024
 
Last Signal
STAY LONG
2201
Sell Level
1.5100
Bought at
1.2910
Close
1.5100
Gain%
16.96
Bought on
11.04.2024
 
GIGA.OL
 
Last Signal
STAY LONG
2201
Sell Level
6.3000
Bought at
6.4200
Close
6.4000
Loss%
-0.31
Sold on
11.04.2024
 
OLT.OL
 
Last Signal
STAY IN CASH
2101
Buy Level
224.00
Sold at
220.00
Close
221.00
Loss%
0.45
Sold on
11.04.2024
 
Last Signal
STAY SHORT
2103
Buy Level
5.9600
Sold at
5.8800
Close
5.8800
 
 
Bought on
10.04.2024
 
BORR.OL
 
Last Signal
STAY LONG
2202
Sell Level
61.55
Bought at
64.00
Close
61.55
Loss%
-3.83
Sold on
10.04.2024
 
NAPA.OL
 
Last Signal
STAY SHORT
2106
Buy Level
22.90
Sold at
23.36
Close
21.50
Gain%
-7.96
Sold on
09.04.2024
 
BEWI.OL
 
BEWi
 
Last Signal
STAY SHORT
2102
Buy Level
32.50
Sold at
34.00
Close
30.40
Gain%
-10.59
Sold on
08.04.2024
 
Last Signal
STAY IN CASH
4101
Buy Level
10.60
Sold at
14.24
Close
10.20
Gain%
-28.37
Sold on
08.04.2024
 
ZAL.OL
 
Zalaris
 
Last Signal
STAY IN CASH
2102
Buy Level
68.00
Sold at
72.48
Close
68.00
Gain%
-6.18
Sold on
05.04.2024
 
SUBC.OL
 
Last Signal
STAY IN CASH
2102
Buy Level
178.80
Sold at
177.20
Close
178.40
Loss%
0.68
Sold on
02.04.2024
 
NBX.OL
 
Last Signal
STAY IN CASH
2108
Buy Level
0.9260
Sold at
1.0900
Close
0.8660
Gain%
-20.55
Sold on
02.04.2024
 
TOM.OL
 
Last Signal
STAY IN CASH
2103
Buy Level
150.30
Sold at
164.91
Close
145.50
Gain%
-11.77
Sold on
26.03.2024
 
Last Signal
STAY IN CASH
2111
Buy Level
661.00
Sold at
683.00
Close
658.50
Gain%
-3.59
Bought on
26.03.2024
 
OSUN.OL
 
Last Signal
SELL
2204
Sell Level
3.3500
Bought at
3.5300
Close
3.2800
Loss%
-7.08
Bought on
22.03.2024
 
ULTI.OL
 
Last Signal
STAY LONG
3210
Sell Level
7.6900
Bought at
7.2300
Close
8.3600
Gain%
15.63
Sold on
21.03.2024
 
ECIT.OL
 
Ecit
 
Last Signal
STAY IN CASH
2103
Buy Level
6.9000
Sold at
7.2200
Close
6.7200
Gain%
-6.93
Sold on
07.03.2024
 
SAS
 
Last Signal
STAY IN CASH
2108
Buy Level
0.0250
Sold at
0.0447
Close
0.0244
Gain%
-45.41
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Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

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