Title
by Americanbulls.com LLC
Last Update
05/05/2021
0064I
BM TRANSPORTATION & LOGISTICS INDEX
Last Signal: SELL
Last Pattern: BEARISH EVENING STAR
Last Close:
837.9800
Change:
-16.6200
Percent change
-1.94%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH EVENING STAR pattern finally received a confirmation because the values crossed below the confirmation level which was at 839.6500, and our valid average selling value stands now at 837.9800. The previous BUY signal was issued on 20/04/2021, 15 days ago, when the index value was 825.5100. Since then 0064I has risen by +1.51%.
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 three-candlestick pattern signaling a major top reversal. It is composed of a white candlestick followed by a short candlestick, which characteristically gaps up to form a star. Then we have a third black candlestick whose closing is well into the first session’s white body. This is a meaningful top pattern. more...
Signal History
Date 
Price 
Signal 
 
MYR100⇨ 
05/05/2021837.9800SELL 110.38
20/04/2021825.5100BUY 109.17
13/04/2021824.5100SELL 109.61
08/04/2021826.8200BUY 110.36
23/03/2021810.1100SELL 110.80
17/03/2021834.0900BUY 114.54
12/03/2021829.4700SELL 115.00
03/03/2021785.6600BUY 109.36
23/02/2021796.8100SELL 109.80
02/02/2021754.1850BUY 104.34
21/01/2021763.4700SELL 104.76
19/01/2021764.7300BUY 105.35
15/01/2021763.2800SELL 105.77
13/01/2021759.8400BUY 105.72
31/12/2020797.4900SELL 106.14
24/12/2020764.2000BUY 102.12
09/12/2020793.6550SELL 102.53
01/12/2020765.5500BUY 99.30
19/11/2020748.1600SELL 99.70
17/11/2020744.4400BUY 99.60
† Trade commissions are taken as 0.40%.
Date 
Price 
Signal 
 
MYR100⇨ 
05/05/2021837.9800SELL 110.00
20/04/2021825.5100BUY 108.80
13/04/2021824.5100SELL 109.24
08/04/2021826.8200BUY 109.99
23/03/2021810.1100SELL 110.43
17/03/2021834.0900BUY 114.16
12/03/2021829.4700SELL 114.62
03/03/2021785.6600BUY 109.00
23/02/2021796.8100SELL 109.44
02/02/2021754.1850BUY 104.00
21/01/2021763.4700SELL 104.42
19/01/2021764.7300BUY 105.01
15/01/2021763.2800SELL 105.43
13/01/2021759.8400BUY 105.38
31/12/2020797.4900SELL 105.80
24/12/2020764.2000BUY 101.79
09/12/2020793.6550SELL 102.20
01/12/2020765.5500BUY 98.98
19/11/2020748.1600SELL 99.38
17/11/2020744.4400BUY 99.28
13/11/2020724.8800SELL 99.68
28/10/2020658.0100BUY 90.85
26/10/2020658.7800SELL 91.21
22/10/2020659.5900BUY 91.69
14/10/2020644.3700SELL 92.06
12/10/2020649.4700BUY 93.16
07/09/2020670.4300SELL 93.53
21/08/2020674.0300BUY 94.41
03/08/2020673.6000SELL 94.79
30/07/2020682.6600BUY 96.45
24/07/2020672.9400SELL 96.84
22/07/2020678.4400BUY 98.02
13/07/2020686.3600SELL 98.41
01/07/2020679.4200BUY 97.81
25/06/2020681.8300SELL 98.20
22/06/2020688.8100BUY 99.60
† Trade commissions are taken as 0.40%.
Date 
Price 
Signal 
 
MYR100⇨ 
05/05/2021837.9800SELL 140.28
20/04/2021825.5100BUY 138.75
13/04/2021824.5100SELL 139.31
08/04/2021826.8200BUY 140.26
23/03/2021810.1100SELL 140.82
17/03/2021834.0900BUY 145.57
12/03/2021829.4700SELL 146.15
03/03/2021785.6600BUY 138.99
23/02/2021796.8100SELL 139.55
02/02/2021754.1850BUY 132.62
21/01/2021763.4700SELL 133.15
19/01/2021764.7300BUY 133.91
15/01/2021763.2800SELL 134.45
13/01/2021759.8400BUY 134.38
31/12/2020797.4900SELL 134.92
24/12/2020764.2000BUY 129.81
09/12/2020793.6550SELL 130.33
01/12/2020765.5500BUY 126.22
19/11/2020748.1600SELL 126.73
17/11/2020744.4400BUY 126.61
13/11/2020724.8800SELL 127.12
28/10/2020658.0100BUY 115.86
26/10/2020658.7800SELL 116.33
22/10/2020659.5900BUY 116.94
14/10/2020644.3700SELL 117.41
12/10/2020649.4700BUY 118.81
07/09/2020670.4300SELL 119.29
21/08/2020674.0300BUY 120.41
03/08/2020673.6000SELL 120.89
30/07/2020682.6600BUY 123.01
24/07/2020672.9400SELL 123.50
22/07/2020678.4400BUY 125.01
13/07/2020686.3600SELL 125.51
01/07/2020679.4200BUY 124.74
25/06/2020681.8300SELL 125.24
22/06/2020688.8100BUY 127.03
15/06/2020696.6400SELL 127.54
15/04/2020583.3600BUY 107.23
10/04/2020568.0200SELL 107.66
25/03/2020507.8000BUY 96.63
21/01/2020765.8400SELL 97.02
13/01/2020757.8900BUY 96.40
06/01/2020762.8100SELL 96.79
24/12/2019756.0400BUY 96.32
17/12/2019747.6100SELL 96.71
12/12/2019755.8400BUY 98.17
10/12/2019754.1000SELL 98.56
05/12/2019753.0600BUY 98.82
26/11/2019752.0500SELL 99.22
22/11/2019760.5100BUY 100.74
08/11/2019770.2100SELL 101.14
04/11/2019771.1200BUY 101.67
17/10/2019782.4900SELL 102.08
08/10/2019769.4250BUY 100.78
27/09/2019770.8800SELL 101.18
24/09/2019772.7000BUY 101.83
20/09/2019773.6400SELL 102.24
05/09/2019752.3400BUY 99.82
27/08/2019750.2800SELL 100.22
20/08/2019755.6850BUY 101.35
29/07/2019779.7900SELL 101.76
23/07/2019792.1900BUY 103.79
18/07/2019788.7700SELL 104.21
10/07/2019793.8500BUY 105.30
08/07/2019792.1400SELL 105.72
10/06/2019743.3200BUY 99.60
† Trade commissions are taken as 0.40%.

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