7167 (BURSA MALAYSIA)

7167 BURSA MALAYSIA

Able Global

SELL

1.6500

Prev.Close

1.6700

Change

-0.0200

Change%

-1.20%

BEARISH DESCENDING HAWK

Sold at

1.6500

Open

1.6700

High

1.6700

Low

1.6300

1.6500

0.00%

Signal History

Date	Price	Signal	Change%		MYR100⇨
06/02	1.6500	SELL	0.0%		95
19/01	1.6100	BUY	+2.5%	✔	93
14/01	1.5900	SELL	+1.3%	❌	94
12/12	1.6300	BUY	-2.5%	❌	97
04/12	1.6200	SELL	+0.6%	❌	97
27/11	1.6600	BUY	-2.4%	❌	100
11/11	1.6500	SELL	+0.6%	❌	100
13/10	1.6300	BUY	+1.2%	✔	99
07/10	1.5400	SELL	+5.8%	❌	100
26/09	1.5400	BUY	0.0%	❌	100
09/09	1.5400	SELL	0.0%	❌	101
22/08	1.5200	BUY	+1.3%	✔	100

† Trade commissions are taken as 0.40%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 1.6600, and our valid average selling price now stands at 1.6500. The previous BUY signal was issued on 19/01/2026, 18 days ago, when the stock price was 1.6100. Since then, 7167 has risen by +2.48%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing 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 act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		MYR100⇨
06/02	1.6500	SELL	0.0%		97
19/01	1.6100	BUY	+2.5%	✔	95
14/01	1.5900	SELL	+1.3%	❌	96
12/12	1.6300	BUY	-2.5%	❌	98
04/12	1.6200	SELL	+0.6%	❌	99
27/11	1.6600	BUY	-2.4%	❌	102
11/11	1.6500	SELL	+0.6%	❌	102
13/10	1.6300	BUY	+1.2%	✔	101
07/10	1.5400	SELL	+5.8%	❌	102
26/09	1.5400	BUY	0.0%	❌	102
09/09	1.5400	SELL	0.0%	❌	103
22/08	1.5200	BUY	+1.3%	✔	102
19/08	1.5400	SELL	-1.3%	✔	102
18/07	1.5100	BUY	+2.0%	✔	100
07/07	1.5100	SELL	0.0%	❌	101
24/06	1.5300	BUY	-1.3%	❌	103
26/05	1.4800	SELL	+3.4%	❌	103
08/05	1.5100	BUY	-2.0%	❌	106
06/05	1.4800	SELL	+2.0%	❌	106
23/04	1.4600	BUY	+1.4%	✔	105
07/04	1.3700	SELL	+6.6%	❌	105
27/03	1.4250	BUY	-3.9%	❌	110
10/03	1.4700	SELL	-3.1%	✔	110
27/02	1.5000	BUY	-2.0%	❌	113
28/01	1.8400	SELL	-18.5%	✔	114
21/01	1.8550	BUY	-0.8%	❌	115
10/01	1.8800	SELL	-1.3%	✔	115
26/12	1.8900	BUY	-0.5%	❌	117
12/12	1.9100	SELL	-1.0%	✔	117
05/12	1.9900	BUY	-4.0%	❌	122
26/11	1.9100	SELL	+4.2%	❌	123
13/11	1.9000	BUY	+0.5%	✔	123
29/10	1.9000	SELL	0.0%	❌	123
17/10	1.9100	BUY	-0.5%	❌	124
01/10	1.9700	SELL	-3.0%	✔	125
27/09	2.0100	BUY	-2.0%	❌	128
12/09	1.9400	SELL	+3.6%	❌	128
10/09	2.0100	BUY	-3.5%	❌	134
06/09	1.9500	SELL	+3.1%	❌	134
03/09	2.0000	BUY	-2.5%	❌	138