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TASE
Index
fx
ELAL
TASE
El Al Israel Airlines
SELL
Close
1216
Prev.Close
1245
Change
-29.0000
Change%
-2.33%
BEARISH THREE GAP UPS
Sold at
1232.40
Open
1255
High
1261
Low
1194
Close
1216
Gain%
-1.33%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
ILS100⇨
08/05
1232
SELL
-1.3%
200
24/04
1048
BUY
+17.6%
✔ 👍
171
21/04
1066
SHORT
-1.7%
✔
169
14/04
1061
BUY
+0.5%
✔
170
31/03
1125
SELL
-5.7%
✔
170
20/03
1145
BUY
-1.7%
❌
174
11/03
1124
SHORT
+1.9%
❌
179
06/03
1114
BUY
+0.9%
✔
179
04/03
1140
SELL
-2.2%
✔
180
25/02
1098
BUY
+3.8%
✔
174
23/02
1094
SELL
+0.4%
❌
174
02/02
912
BUY
+19.9%
✔ 👍
146
28/01
899
SHORT
+1.5%
❌
149
26/01
908
BUY
-1.0%
❌
152
15/01
925
SELL
-1.8%
✔
153
08/01
814
BUY
+13.6%
✔ 👍
135
06/01
804
SELL
+1.2%
❌
136
18/12
671
BUY
+19.9%
✔ 👍
114
12/12
678
SHORT
-1.1%
✔
113
05/12
682
BUY
-0.5%
❌
115
25/11
813
SHORT
-16.2%
✔
100
† Trade commissions are taken as 0.40%.
Date
Price
Signal
Change%
ILS100⇨
08/05
1232
SELL
-1.3%
900
24/04
1048
BUY
+17.6%
✔ 👍
768
21/04
1066
SHORT
-1.7%
✔
762
14/04
1061
BUY
+0.5%
✔
764
31/03
1125
SELL
-5.7%
✔
767
20/03
1145
BUY
-1.7%
❌
784
11/03
1124
SHORT
+1.9%
❌
805
06/03
1114
BUY
+0.9%
✔
805
04/03
1140
SELL
-2.2%
✔
808
25/02
1098
BUY
+3.8%
✔
782
23/02
1094
SELL
+0.4%
❌
785
02/02
912
BUY
+19.9%
✔ 👍
657
28/01
899
SHORT
+1.5%
❌
672
26/01
908
BUY
-1.0%
❌
685
15/01
925
SELL
-1.8%
✔
688
08/01
814
BUY
+13.6%
✔ 👍
608
06/01
804
SELL
+1.2%
❌
610
18/12
671
BUY
+19.9%
✔ 👍
511
12/12
678
SHORT
-1.1%
✔
510
05/12
682
BUY
-0.5%
❌
517
25/11
813
SHORT
-16.2%
✔
448
03/11
757
BUY
+7.4%
✔
420
29/10
801
SELL
-5.5%
✔
422
14/10
739
BUY
+8.4%
✔
391
10/10
726
SELL
+1.8%
❌
393
29/09
631
BUY
+15.0%
✔ 👍
343
23/09
626
SELL
+0.9%
❌
344
18/09
625
BUY
+0.1%
✔
345
15/09
630
SHORT
-0.8%
✔
345
29/08
590
BUY
+6.8%
✔
326
27/08
591
SELL
-0.2%
✔
327
19/08
562
BUY
+5.1%
✔
313
15/08
542
SELL
+3.7%
❌
314
23/07
471
BUY
+15.2%
✔ 👍
273
17/07
452
SELL
+4.2%
❌
275
11/07
453
BUY
-0.4%
❌
277
04/07
446
SELL
+1.7%
❌
278
30/06
434
BUY
+2.8%
✔
271
20/06
421
SHORT
+2.9%
❌
281
16/06
434
BUY
-2.8%
❌
292
02/06
494
SHORT
-12.2%
✔
262
26/05
507
BUY
-2.4%
❌
271
20/05
524
SHORT
-3.3%
✔
264
15/05
536
BUY
-2.3%
❌
273
09/05
518
SELL
+3.5%
❌
274
11/04
444
BUY
+16.5%
✔ 👍
236
20/03
518
SELL
-14.1%
✔
237
12/03
484
BUY
+6.9%
✔
222
10/03
467
SHORT
+3.6%
❌
233
06/03
487
BUY
-4.1%
❌
244
04/03
492
SELL
-1.0%
✔
245
26/02
465
BUY
+6.0%
✔
233
21/02
469
SELL
-1.0%
✔
233
06/02
399
BUY
+17.6%
✔ 👍
199
31/01
385
SELL
+3.7%
❌
200
15/01
352
BUY
+9.4%
✔
184
08/01
359
SHORT
-2.0%
✔
182
01/01
349
BUY
+2.9%
✔
178
24/12
367
SELL
-4.9%
✔
179
17/12
343
BUY
+6.8%
✔
168
11/12
339
SELL
+1.4%
❌
169
04/12
286
BUY
+18.6%
✔ 👍
143
28/11
284
SHORT
+0.7%
❌
145
19/11
271
BUY
+4.6%
✔
140
12/11
275
SELL
-1.3%
✔
140
24/10
257
BUY
+6.6%
✔
132
09/10
298
SHORT
-13.7%
✔
117
05/10
364
BUY
-18.0%
❌
144
27/08
457
SELL
-20.4%
✔
145
20/08
429
BUY
+6.7%
✔
136
10/08
450
SHORT
-4.8%
✔
131
07/08
462
BUY
-2.5%
❌
135
02/08
465
SHORT
-0.7%
✔
135
30/07
472
BUY
-1.6%
❌
139
12/07
504
SELL
-6.3%
✔
139
09/07
493
BUY
+2.4%
✔
137
05/07
501
SELL
-1.6%
✔
137
11/06
387
BUY
+29.4%
✔ 👍
106
06/06
386
SELL
+0.3%
❌
107
28/05
358
BUY
+7.6%
✔
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 THREE GAP UPS
pattern has finally received confirmation because the prices crossed below the confirmation level at 1240, and our valid average selling price now stands at 1232. The previous
BUY
signal was issued on 24/04/2025, 14 days ago, when the stock price was 1048. Since then,
ELAL
has risen by
+17.61%
.
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 is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend.
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