Title
by Americanbulls.com LLC
Last Update
03/02/2023
UBP.PS
Union Bank of Philippines
Last Signal: SELL
Last Pattern: BEARISH MEETING LINE
Last Close:
96.0000
Change:
-1.0000
Percent change
-1.03%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 97.0000, and our valid average selling price stands now at 96.5200. The previous BUY signal was issued on 30/01/2023, 4 days ago, when the stock price was 95.2700. Since then UBP.PS has risen by +1.31%.
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 pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
PHP100⇨ 
03/02/202396.5200SELL 126.86
30/01/202395.2700BUY 125.47
26/01/202393.4000SELL 125.72
13/01/202384.2400BUY 113.62
11/01/202382.9014SELL 113.85
21/12/202277.5793BUY 106.75
13/12/202276.9243SELL 106.96
09/11/202276.5606BUY 106.67
28/10/202274.7539SHORT 109.75
14/10/202274.6930BUY 110.10
20/09/202284.8825SELL 110.32
25/08/202276.6317BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
PHP100⇨ 
03/02/202396.5200SELL 152.88
30/01/202395.2700BUY 151.20
26/01/202393.4000SELL 151.50
13/01/202384.2400BUY 136.92
11/01/202382.9014SELL 137.19
21/12/202277.5793BUY 128.64
13/12/202276.9243SELL 128.90
09/11/202276.5606BUY 128.55
28/10/202274.7539SHORT 132.26
14/10/202274.6930BUY 132.68
20/09/202284.8825SELL 132.95
25/08/202276.6317BUY 120.27
23/08/202277.7491SELL 120.51
28/07/202275.6569BUY 117.50
26/07/202271.5819SHORT 125.09
21/07/202271.1466BUY 124.83
13/07/202274.7116SHORT 119.62
04/07/202273.7177BUY 118.50
29/06/202273.3139SHORT 119.63
22/06/202271.8738BUY 117.75
08/06/202279.5853SELL 117.99
02/06/202278.5681BUY 116.72
31/05/202277.7244SELL 116.95
26/05/202277.4342BUY 116.75
13/05/202272.6113SHORT 125.56
05/05/202270.8072BUY 122.93
07/04/202282.6045SHORT 108.00
24/03/202276.0303BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
PHP100⇨ 
03/02/202396.5200SELL 309.64
30/01/202395.2700BUY 306.24
26/01/202393.4000SELL 306.85
13/01/202384.2400BUY 277.31
11/01/202382.9014SELL 277.87
21/12/202277.5793BUY 260.55
13/12/202276.9243SELL 261.07
09/11/202276.5606BUY 260.36
28/10/202274.7539SHORT 267.88
14/10/202274.6930BUY 268.74
20/09/202284.8825SELL 269.28
25/08/202276.6317BUY 243.59
23/08/202277.7491SELL 244.08
28/07/202275.6569BUY 237.99
26/07/202271.5819SHORT 253.37
21/07/202271.1466BUY 252.84
13/07/202274.7116SHORT 242.29
04/07/202273.7177BUY 240.03
29/06/202273.3139SHORT 242.33
22/06/202271.8738BUY 238.52
08/06/202279.5853SELL 239.00
02/06/202278.5681BUY 236.42
31/05/202277.7244SELL 236.89
26/05/202277.4342BUY 236.48
13/05/202272.6113SHORT 254.32
05/05/202270.8072BUY 249.00
07/04/202282.6045SHORT 218.76
24/03/202276.0303BUY 202.16
09/02/202295.0708SELL 202.57
28/01/202283.8436BUY 179.01
24/01/202288.1587SHORT 171.34
10/01/202283.0502BUY 162.06
23/12/202190.5571SELL 162.38
23/11/202168.1128BUY 122.38
19/11/202166.1758SELL 122.63
11/11/202163.2467BUY 117.44
05/11/202162.9268SHORT 118.51
03/11/202163.1070BUY 119.33
27/10/202163.4456SELL 119.57
11/10/202159.3521BUY 112.08
07/10/202158.6398SELL 112.30
24/09/202158.0319BUY 111.36
20/09/202158.2251SHORT 111.44
09/09/202158.7266BUY 112.85
03/09/202160.4391SELL 113.08
23/08/202153.6930BUY 100.66
19/08/202152.8515SELL 100.86
16/08/202152.8872BUY 101.13
03/08/202152.5582SHORT 102.18
30/07/202153.1731BUY 103.79
21/07/202152.9042SHORT 104.74
14/07/202153.2424BUY 105.83
08/07/202153.2424SELL 106.04
29/06/202153.1280BUY 106.02
23/06/202152.8611SELL 106.23
11/06/202152.2600BUY 105.23
26/05/202151.9599SELL 105.44
04/05/202150.9200BUY 103.54
28/04/202150.0335SELL 103.75
22/04/202149.4444BUY 102.73
13/04/202148.4242SELL 102.94
31/03/202148.2509BUY 102.78
10/03/202151.2436SHORT 97.50
01/03/202150.7502BUY 96.95
24/02/202150.6565SELL 97.14
18/02/202149.5162BUY 95.14
15/02/202149.7918SHORT 95.00
08/02/202152.0985BUY 99.80
† Trade commissions are taken as 0.20%.

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