BRIL (TASE)

BRIL TASE

Brill Shoe

SELL

893.90

Prev.Close

999.00

Change

-105.1000

Change%

-10.52%

BEARISH DESCENDING HAWK

Sold at

893.90

Open

974.80

High

974.80

Low

862.20

893.90

0.00%

Signal History

Date	Price	Signal	Change%	ILS100⇨
30/11	893.90	SELL	0.0%	151
20/11	814.10	BUY	+9.8%	138
08/10	1,280.59	SELL	-36.4%	139
14/09	1,118.93	BUY	+14.4%	122
20/08	1,350.83	SELL	-17.2%	122
10/08	1,450.00	BUY	-6.8%	132
25/07	1,552.00	SELL	-6.6%	133
19/07	1,278.13	BUY	+21.4%	110
15/06	1,539.05	SHORT	-17.0%	94
08/06	1,610.00	BUY	-4.4%	100

† Trade commissions are taken as 0.40%.

Pattern & Confirmation Chart for the Last 6 Months

Our system’s recommendation today is to SELL. The BEARISH DESCENDING HAWK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 894.50, and our valid average selling price stands now at 893.90. The previous BUY signal was issued on 20/11/2023, 10 days ago, when the stock price was 814.10. Since then BRIL has risen by +9.80%.

We may be at a market top or at the start of a correction. 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. 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 follow the signal and then you may start checking other securities for a bullish bet.

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%	ILS100⇨
30/11	893.90	SELL	0.0%	209
20/11	814.10	BUY	+9.8%	191
08/10	1,280.59	SELL	-36.4%	192
14/09	1,118.93	BUY	+14.4%	168
20/08	1,350.83	SELL	-17.2%	169
10/08	1,450.00	BUY	-6.8%	182
25/07	1,552.00	SELL	-6.6%	183
19/07	1,278.13	BUY	+21.4%	151
15/06	1,539.05	SHORT	-17.0%	130
08/06	1,610.00	BUY	-4.4%	137
24/05	1,713.99	SHORT	-6.1%	130
14/05	1,806.00	BUY	-5.1%	139
09/05	1,775.00	SHORT	+1.7%	142
01/05	1,761.04	BUY	+0.8%	142
24/04	1,716.00	SHORT	+2.6%	147
19/04	1,773.00	BUY	-3.2%	153
09/04	1,920.61	SHORT	-7.7%	143
02/04	1,979.00	BUY	-3.0%	149
29/03	1,986.31	SELL	-0.4%	150
22/03	1,962.55	BUY	+1.2%	148
15/03	1,992.01	SHORT	-1.5%	147
05/03	2,079.35	BUY	-4.2%	155
22/02	2,103.00	SHORT	-1.1%	155
14/02	2,262.00	BUY	-7.0%	168
08/02	2,337.11	SELL	-3.2%	168
02/02	2,164.78	BUY	+8.0%	157
19/01	2,515.44	SELL	-13.9%	157
01/01	2,301.00	BUY	+9.3%	144
19/12	2,493.00	SHORT	-7.7%	135
14/12	2,580.56	BUY	-3.4%	141
21/11	3,078.60	SELL	-16.2%	142
16/11	2,929.85	BUY	+5.1%	135
02/11	3,029.00	SHORT	-3.3%	132
11/10	3,100.00	BUY	-2.3%	136
02/10	3,040.23	SHORT	+2.0%	140
22/09	3,133.00	BUY	-3.0%	146
28/08	3,639.52	SELL	-13.9%	146
17/08	3,738.20	BUY	-2.6%	151
08/08	3,793.49	SELL	-1.5%	151
31/07	3,411.00	BUY	+11.2%	137