Beach Petroleum (BPT)

Download button icon Download

Beach Petroleum (BPT): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Beach Petroleum (BPT.AX)


Indicator:

BEAR HARAMI


Last Signal:

BEARISH


Trading: SELL @ $1.73
Signal Strength: STRONG
Recommendation:

Indicator CAN BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.


Beach Petroleum (ASX:BPT) has formed a new Bear Harami reversal pattern.



This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the small candlestick is “the baby”.

Calculation: Bear Harami Candlestick Pattern:
1) The market is characterized by a prevailing uptrend;
2) A white body is observed on the first day;
3) The black body that is formed on the second day is completely engulfed by the body of the first day;


PROFILE: Beach Petroleum (BPT.AX)


Stock Exchange: ASX
Company: Beach Petroleum
Ticker Codes: | BPT.AX | ASX:BPT |

About Beach Petroleum (ASX:BPT):

Beach Energy Limited explores, develops, produces, and sells oil, gas, and gas liquids. It holds interests in exploration and production tenements in Australia, New Zealand, and Tanzania. The company was formerly known as Beach Petroleum Limited and changed its name to Beach Energy Limited in December 2009. Beach Energy Limited was founded in 1961 and is based in Glenside, Australia.

Top 10:

Weak Reversal

Download button icon Download
Company Close Change (%) Volume Value Signal
BFC Beston Global Food 0.19 12.1 205,454 0 NEUTRAL
PNR Pacific Niugini Minerals 0.18 9.1 888,016 0 NEUTRAL
NWH NRW 1.95 7.1 6,083,196 0 NEUTRAL
ISD Isentia 0.33 6.6 2,882,483 0 NEUTRAL
IFT Infratil 3.35 6.3 787 0 NEUTRAL
PMP PMP 0.19 5.7 62,582 0 NEUTRAL
BKY Berkeley Resources 0.23 4.7 246,749 0 NEUTRAL
SMX Sms Management & Technology 0.35 4.5 102,686 0 NEUTRAL
MUA Mitula 0.72 4.4 1,672,364 0 NEUTRAL
PME Pro Medicus 9.56 4.3 157,145 0 NEUTRAL
back to top