by Americanbulls.com LLC
Last Update
Union Bank of Philippines
Last Signal: SELL
Last Close:
Percent change
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
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%.
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%.
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%.


Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Filipinobulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Filipinobulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Filipinobulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Filipinobulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.