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SET
Index
fx
TWP
SET
Thai Wire Products
STAY LONG
Close
2.5400
Prev.Close
2.5400
Change
0.0000
Change%
0.00%
BEARISH MATCHING HIGH
Bought at
2.3800
Open
2.5200
High
2.5800
Low
2.5200
Close
2.5400
Gain%
+6.72%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
THB100⇨
08/05
2.3800
BUY
+6.7%
87
20/04
2.4300
SELL
-2.1%
88
18/04
2.4800
BUY
-2.0%
90
14/03
2.5600
SELL
-3.1%
90
07/03
2.6600
BUY
-3.8%
94
16/01
3.0600
SELL
-13.1%
94
12/01
3.1000
BUY
-1.3%
96
04/01
3.0600
SELL
+1.3%
96
28/12
3.0600
BUY
0.0%
97
22/12
3.0000
SELL
+2.0%
97
14/12
3.0600
BUY
-2.0%
100
†
Date
Price
Signal
Change%
THB100⇨
08/05
2.3800
BUY
+6.7%
137
20/04
2.4300
SELL
-2.1%
138
18/04
2.4800
BUY
-2.0%
141
14/03
2.5600
SELL
-3.1%
142
07/03
2.6600
BUY
-3.8%
148
16/01
3.0600
SELL
-13.1%
149
12/01
3.1000
BUY
-1.3%
151
04/01
3.0600
SELL
+1.3%
152
28/12
3.0600
BUY
0.0%
152
22/12
3.0000
SELL
+2.0%
153
14/12
3.0600
BUY
-2.0%
157
02/12
3.0600
SELL
0.0%
157
24/11
2.8000
BUY
+9.3%
144
25/10
3.2800
SELL
-14.6%
145
12/10
3.1600
BUY
+3.8%
140
01/09
3.9200
SELL
-19.4%
141
30/08
3.9800
BUY
-1.5%
144
26/08
4.0200
SELL
-1.0%
144
17/08
3.9800
BUY
+1.0%
143
10/08
4.2000
SELL
-5.2%
144
08/08
4.2400
BUY
-0.9%
146
02/08
4.2400
SELL
0.0%
146
21/07
3.7400
BUY
+13.4%
130
11/07
3.8400
SELL
-2.6%
130
07/07
3.9400
BUY
-2.5%
134
21/06
4.4400
SELL
-11.3%
135
15/06
4.1000
BUY
+8.3%
125
09/06
4.5200
SELL
-9.3%
125
11/05
3.1600
BUY
+43.0%
88
05/05
3.1400
SELL
+0.6%
88
20/04
3.1800
BUY
-1.3%
90
16/03
3.1400
SELL
+1.3%
90
14/03
3.1600
BUY
-0.6%
91
07/03
3.2800
SELL
-3.7%
92
02/03
3.3400
BUY
-1.8%
94
28/02
3.2800
SELL
+1.8%
94
23/02
3.3200
BUY
-1.2%
95
03/02
3.2800
SELL
+1.2%
96
27/01
3.2800
BUY
0.0%
96
21/12
3.3000
SELL
-0.6%
97
17/12
3.3400
BUY
-1.2%
98
27/10
3.9400
SELL
-15.2%
99
15/10
4.0400
BUY
-2.5%
101
11/10
4.0000
SELL
+1.0%
102
22/09
4.0300
BUY
-0.7%
103
02/09
4.0400
SELL
-0.2%
103
30/08
4.0400
BUY
0.0%
104
26/08
4.0200
SELL
+0.5%
104
23/07
3.6800
BUY
+9.2%
96
20/07
3.5500
SELL
+3.7%
96
13/07
3.6000
BUY
-1.4%
98
02/07
3.6400
SELL
-1.1%
98
28/06
3.6400
BUY
0.0%
99
11/06
3.9400
SELL
-7.6%
99
31/05
3.9400
BUY
0.0%
100
†
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to
STAY LONG
. The previous
BUY
signal was issued on 08/05/2023, 22 days ago, when the stock price was 2.3800. Since then
TWP
has risen by
+6.72%
.
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. Based on this pattern, in response to emerging market bearishness the system established new confirmation and stop loss levels. The signal tells us to
STAY LONG
, but the chance of a bearish confirmation that will change the signal to <
SELL
is very high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.
This pattern occurs when two white days appear with equal closes in an uptrend. It indicates a top has been reached, even though the new high was tested and there was no follow through, which is indicative of a good resistance price.
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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.
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