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BMV
Index
fx
MELIN.MX
BMV
MERCADOLIBRE
STAY IN CASH
Close
46700
Prev.Close
43600
Change
+3100.0000
Change%
+7.11%
BULLISH HOMING PIGEON
Sold at
44314.9
Open
48150
High
48500
Low
46700
Close
46700
Loss%
+5.38%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
MXN100⇨
05/05
44315
SELL
+5.4%
❌
110
15/04
42270
BUY
+4.8%
✔
105
04/04
37821
SHORT
+11.8%
❌
120
11/03
40549
BUY
-6.7%
❌
129
24/02
45480
SELL
-10.8%
✔
129
23/12
35007
BUY
+29.9%
✔ 👍
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
MXN100⇨
05/05
44315
SELL
+5.4%
❌
262
15/04
42270
BUY
+4.8%
✔
250
04/04
37821
SHORT
+11.8%
❌
285
11/03
40549
BUY
-6.7%
❌
307
24/02
45480
SELL
-10.8%
✔
307
23/12
35007
BUY
+29.9%
✔ 👍
237
18/09
40398
QUIT
-13.3%
237
13/09
41243
BUY
-2.0%
❌
243
03/09
39502
SELL
+4.4%
❌
243
07/06
29413
BUY
+34.3%
✔ 👍
182
23/05
28682
SELL
+2.5%
❌
182
26/04
24000
BUY
+19.5%
✔ 👍
153
03/04
25067
SHORT
-4.3%
✔
147
20/03
25686
BUY
-2.4%
❌
151
15/03
25627
SHORT
+0.2%
❌
152
11/03
25769
BUY
-0.6%
❌
154
05/03
26081
SHORT
-1.2%
✔
152
01/03
27385
BUY
-4.8%
❌
161
30/01
29909
SELL
-8.4%
✔
161
12/01
27964
BUY
+7.0%
✔
151
14/12
27638
SELL
+1.2%
❌
151
31/10
22456
BUY
+23.1%
✔ 👍
123
12/09
24120
SELL
-6.9%
✔
123
21/08
20671
BUY
+16.7%
✔ 👍
106
11/08
22680
SELL
-8.9%
✔
106
03/08
21310
BUY
+6.4%
✔
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY IN CASH
. The previous
SELL
signal was issued on 05/05/2025, 3 days ago, when the stock price was 44315. Since then,
MELIN.MX
has risen by
+5.38%
.
Market Outlook
We may be just one inch away from turning bullish on this security. The bullish sentiment is now more pronounced, while the bearish sentiment is in decline. The share price is above the confirmation level of the last bullish pattern, but the signal is still suggesting to
STAY IN CASH
. The
BUY
signal requires a white body whose close is above the confirmation level and the chance of detecting such a white candlestick is very high. The Delayed Intraday Module is ON. Monitoring intraday price action is now crucial to maximize profits during the initial phase of a bull run.
Pattern Description
This pattern consists of a small black candlestick within a preceding relatively long black candlestick. It resembles the Harami pattern, except that both candlesticks are black.
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