VANGD (BIST)

VANGD IMKB

Vanet Gida Sanayi Ic ve Dis Ticaret

SELL

28.00

Prev.Close

30.48

Change

-2.4800

Change%

-8.14%

BEARISH THREE GAP UPS

Sold at

29.98

Open

30.50

High

30.50

Low

28.00

Gain%

-6.60%

Signal History

Date	Price	Signal	Change%	TL100⇨
29/11	29.98	SELL	-6.6%	669
21/11	25.82	BUY	+16.1%	577
06/11	29.77	SELL	-13.3%	578
23/10	18.65	BUY	+59.6%	363
12/10	19.37	SELL	-3.7%	364
06/10	18.00	BUY	+7.6%	339
26/09	18.80	SELL	-4.3%	339
13/09	12.83	BUY	+46.6%	232
08/09	12.98	SELL	-1.2%	232
06/09	13.17	BUY	-1.4%	236
23/08	13.88	SELL	-5.1%	237
17/08	13.21	BUY	+5.0%	226
10/08	13.89	SELL	-4.9%	226
07/08	12.15	BUY	+14.3%	198
19/07	14.06	SELL	-13.6%	199
22/06	7.00	BUY	+100.9%	99
09/06	7.53	SELL	-7.0%	99
02/06	7.55	BUY	-0.3%	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

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 30.24, and our valid average selling price stands now at 29.98. The previous BUY signal was issued on 21/11/2023, 8 days ago, when the stock price was 25.82. Since then VANGD has risen by +16.11%.

We may be at a market top or at the start of a correction. 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. 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 follow the signal and then you may start checking other securities for a bullish bet.

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...

Date	Price	Signal	Change%	TL100⇨
29/11	29.98	SELL	-6.6%	1,696
21/11	25.82	BUY	+16.1%	1,464
06/11	29.77	SELL	-13.3%	1,467
23/10	18.65	BUY	+59.6%	921
12/10	19.37	SELL	-3.7%	923
06/10	18.00	BUY	+7.6%	859
26/09	18.80	SELL	-4.3%	861
13/09	12.83	BUY	+46.6%	588
08/09	12.98	SELL	-1.2%	590
06/09	13.17	BUY	-1.4%	599
23/08	13.88	SELL	-5.1%	601
17/08	13.21	BUY	+5.0%	573
10/08	13.89	SELL	-4.9%	574
07/08	12.15	BUY	+14.3%	503
19/07	14.06	SELL	-13.6%	504
22/06	7.00	BUY	+100.9%	252
09/06	7.53	SELL	-7.0%	252
02/06	7.55	BUY	-0.3%	253
30/05	7.46	SELL	+1.3%	254
23/05	5.79	BUY	+28.8%	197
18/05	5.66	SELL	+2.3%	198
08/05	5.25	BUY	+7.8%	184
26/04	6.83	SELL	-23.1%	184
07/04	7.03	BUY	-2.8%	190
03/04	5.89	SELL	+19.4%	190
17/03	6.80	BUY	-13.4%	220
10/03	7.45	SELL	-8.7%	221
21/02	5.04	BUY	+47.8%	150
16/12	5.97	SELL	-15.6%	150
12/12	6.06	BUY	-1.5%	152
02/12	6.31	SELL	-4.0%	153
21/11	4.94	BUY	+27.7%	120
09/11	5.07	SELL	-2.6%	120
07/11	5.23	BUY	-3.0%	124
02/11	5.20	SELL	+0.5%	124
28/10	4.94	BUY	+5.3%	118
25/10	4.82	SELL	+2.5%	119
18/10	4.16	BUY	+15.9%	102
13/10	4.12	SELL	+1.0%	103
10/10	4.00	BUY	+3.0%	100