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BURSA MALAYSIA
Index
fx
0867I
BURSA MALAYSIA
FTSE ASEAN 40 INDEX
SELL
Close
11206
Prev.Close
11321
Change
-115.0000
Change%
-1.02%
BEARISH DESCENDING HAWK
Sold at
11220.0
Open
11287
High
11321
Low
11193
Close
11206
Gain%
-0.12%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
MYR100⇨
08/05
11220
SELL
-0.1%
95
30/04
10902
BUY
+2.9%
✔
92
25/04
10777
SELL
+1.2%
❌
93
10/04
9940
BUY
+8.4%
✔
86
07/04
10243
SELL
-3.0%
✔
86
02/04
10928
BUY
-6.3%
❌
92
10/03
11033
SELL
-0.9%
✔
93
05/03
10916
BUY
+1.1%
✔
92
20/02
11161
SELL
-2.2%
✔
92
13/02
11100
BUY
+0.6%
✔
92
28/01
11273
SELL
-1.5%
✔
93
17/01
11116
BUY
+1.4%
✔
92
14/01
11006
SELL
+1.0%
❌
92
24/12
11215
BUY
-1.9%
❌
94
17/12
11473
SELL
-2.2%
✔
94
10/12
11677
BUY
-1.7%
❌
97
06/12
11585
SELL
+0.8%
❌
97
04/12
11542
BUY
+0.4%
✔
97
02/12
11381
SELL
+1.4%
❌
97
28/11
11432
BUY
-0.4%
❌
98
21/11
11454
SELL
-0.2%
✔
99
19/11
11525
BUY
-0.6%
❌
100
† Trade commissions are taken as 0.40%.
Date
Price
Signal
Change%
MYR100⇨
08/05
11220
SELL
-0.1%
102
30/04
10902
BUY
+2.9%
✔
99
25/04
10777
SELL
+1.2%
❌
100
10/04
9940
BUY
+8.4%
✔
92
07/04
10243
SELL
-3.0%
✔
93
02/04
10928
BUY
-6.3%
❌
99
10/03
11033
SELL
-0.9%
✔
100
05/03
10916
BUY
+1.1%
✔
99
20/02
11161
SELL
-2.2%
✔
99
13/02
11100
BUY
+0.6%
✔
99
28/01
11273
SELL
-1.5%
✔
100
17/01
11116
BUY
+1.4%
✔
99
14/01
11006
SELL
+1.0%
❌
99
24/12
11215
BUY
-1.9%
❌
101
17/12
11473
SELL
-2.2%
✔
102
10/12
11677
BUY
-1.7%
❌
104
06/12
11585
SELL
+0.8%
❌
104
04/12
11542
BUY
+0.4%
✔
104
02/12
11381
SELL
+1.4%
❌
105
28/11
11432
BUY
-0.4%
❌
106
21/11
11454
SELL
-0.2%
✔
106
19/11
11525
BUY
-0.6%
❌
107
12/11
11545
SELL
-0.2%
✔
108
04/11
11504
BUY
+0.4%
✔
108
22/10
11838
SELL
-2.8%
✔
108
14/10
11774
BUY
+0.5%
✔
108
26/09
12177
SELL
-3.3%
✔
108
14/08
10745
BUY
+13.3%
✔ 👍
96
06/08
10369
SELL
+3.6%
❌
96
31/07
10730
BUY
-3.4%
❌
100
24/07
10649
SELL
+0.8%
❌
101
18/07
10749
BUY
-0.9%
❌
102
15/07
10743
SELL
+0.1%
❌
102
24/06
10076
BUY
+6.6%
✔
96
05/06
10184
SELL
-1.1%
✔
97
31/05
10123
BUY
+0.6%
✔
96
21/05
10364
SELL
-2.3%
✔
97
13/05
10243
BUY
+1.2%
✔
96
08/05
10226
SELL
+0.2%
❌
97
23/04
10159
BUY
+0.7%
✔
96
12/04
10325
SELL
-1.6%
✔
97
09/04
10368
BUY
-0.4%
❌
97
18/03
10511
SELL
-1.4%
✔
98
30/01
10164
BUY
+3.4%
✔
95
18/01
10125
SELL
+0.4%
❌
95
12/01
10372
BUY
-2.4%
❌
98
03/01
10408
SELL
-0.3%
✔
98
08/12
9964
BUY
+4.5%
✔
95
05/12
10012
SELL
-0.5%
✔
95
28/11
10013
BUY
0.0%
❌
95
21/11
10038
SELL
-0.2%
✔
96
15/11
9961
BUY
+0.8%
✔
95
07/11
10057
SELL
-1.0%
✔
96
02/11
9748
BUY
+3.2%
✔
93
01/11
9643
SELL
+1.1%
❌
94
25/10
9766
BUY
-1.3%
❌
95
13/10
10016
SELL
-2.5%
✔
96
06/10
9907
BUY
+1.1%
✔
95
19/09
10226
SELL
-3.1%
✔
95
14/09
10276
BUY
-0.5%
❌
96
06/09
10341
SELL
-0.6%
✔
97
22/08
10267
BUY
+0.7%
✔
96
14/08
10461
SELL
-1.8%
✔
97
09/08
10612
BUY
-1.4%
❌
98
02/08
10730
SELL
-1.1%
✔
99
17/07
10519
BUY
+2.0%
✔
97
20/06
10296
SELL
+2.2%
❌
98
08/06
10237
BUY
+0.6%
✔
98
01/06
10101
SELL
+1.3%
❌
98
19/05
10237
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 values crossed below the confirmation level at 11243, and our valid average selling value now stands at 11220. The previous
BUY
signal was issued on 30/04/2025, 8 days ago, when the index value was 10902. Since then,
0867I
has risen by
+2.91%
.
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.
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