5071 (MYX)

5071 MYX

Coastal Contracts

STAY LONG

1.6700

Prev.Close

1.6700

Change

0.0000

Change%

0.00%

BEARISH DESCENDING HAWK

Bought at

1.6900

Open

1.6300

High

1.6700

Low

1.6200

1.6700

Loss%

-1.18%

Signal History

Date	Price	Signal	Change%		MYR100⇨
18/09	1.6900	BUY	-1.2%	❌	115
22/08	1.7500	SELL	-3.4%	✔	116
07/08	1.7500	BUY	0.0%	❌	116
26/07	1.8200	SELL	-3.8%	✔	117
28/06	1.7150	BUY	+6.1%	✔	110
24/06	1.7100	SELL	+0.3%	❌	111
10/06	1.6300	BUY	+4.9%	✔	106
24/05	1.6200	SELL	+0.6%	❌	106
06/05	1.5100	BUY	+7.3%	✔	100

† Trade commissions are taken as 0.40%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 18/09/2024, 20 days ago, when the stock price was 1.6900. Since then 5071 has fallen by -1.18%.

Market Outlook

The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis, given the downside risks involved.

Pattern Description

This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...

Date	Price	Signal	Change%		MYR100⇨
18/09	1.6900	BUY	-1.2%	❌	154
22/08	1.7500	SELL	-3.4%	✔	154
07/08	1.7500	BUY	0.0%	❌	155
26/07	1.8200	SELL	-3.8%	✔	155
28/06	1.7150	BUY	+6.1%	✔	147
24/06	1.7100	SELL	+0.3%	❌	148
10/06	1.6300	BUY	+4.9%	✔	141
24/05	1.6200	SELL	+0.6%	❌	142
06/05	1.5100	BUY	+7.3%	✔	133
09/04	1.4800	SELL	+2.0%	❌	133
01/04	1.4900	BUY	-0.7%	❌	135
15/03	1.5700	SELL	-5.1%	✔	135
11/03	1.5900	BUY	-1.3%	❌	137
23/02	1.6950	SELL	-6.2%	✔	138
19/01	1.6900	BUY	+0.3%	✔	138
10/01	1.8100	SELL	-6.6%	✔	139
15/12	1.6300	BUY	+11.0%	✔ 👍	125
04/12	1.7100	SELL	-4.7%	✔	126
30/11	1.7150	BUY	-0.3%	❌	127
23/11	1.9300	SELL	-11.1%	✔	127
17/11	1.9500	BUY	-1.0%	❌	129
23/10	1.9100	SELL	+2.1%	❌	130
09/10	1.9400	BUY	-1.5%	❌	132
18/09	1.9900	SELL	-2.5%	✔	133
11/09	1.9550	BUY	+1.8%	✔	131
23/08	2.1400	SELL	-8.6%	✔	132
17/08	2.1700	BUY	-1.4%	❌	134
02/08	2.1900	SELL	-0.9%	✔	134
31/07	2.1800	BUY	+0.5%	✔	134
30/05	2.3000	SELL	-5.2%	✔	135
16/05	2.3000	BUY	0.0%	❌	135
09/05	2.2800	SELL	+0.9%	❌	136
17/04	2.3100	BUY	-1.3%	❌	138
10/04	2.2800	SELL	+1.3%	❌	139
23/03	2.1600	BUY	+5.6%	✔	132
09/03	2.3000	SELL	-6.1%	✔	133
23/02	2.2550	BUY	+2.0%	✔	131
17/02	2.5000	SELL	-9.8%	✔	131
09/02	2.5200	BUY	-0.8%	❌	133
08/02	2.4800	SELL	+1.6%	❌	133