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Not Updated since 07/09/2010 09/09/2010  
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ADIB
Abu Dhabi Islamic Bank
Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 26.08.2010 ( 12 ) days ago, when the stock price was 2.490 . Since then ADIB has gained 7.63% .

Our advice today is simple and clear. Hold your stocks and wait for a new signal.

Do not bother yourself with further buying and selling as long as the HOLD tag stays.

 
HOLD
2.680
+0.100 +3.88%
Candlestick Analysis
Today’s Candlestick Patterns:
Long White Candlestick
Candlestick Pattern

Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 2.680
Previous Close 2.580
Previous Open 2.560
Change +0.100
% Change +3.88%
Volume 591,404
 
Stock Activity
Day's Open 2.600
Day's High 2.700
Day's Low 2.550
20-Day Close M.A. 2.478
50-Day Close M.A. 2.487
65-Day Volume M.A. 399,860
 

Two-Year Signal History
Date          Price   Signal 100 AED
Became
26.08.10 2.490    Buy 127
22.07.10 2.530    Sell 127
15.07.10 2.430    Buy 122
28.06.10 2.510    Sell 122
30.05.10 2.650    Buy 129
05.05.10 2.750    Sell 129
01.03.10 2.720    Buy 128
24.02.10 2.750    Sell 128
11.02.10 2.990    Buy 139
15.12.09 3.070    Sell 139
13.12.09 2.750    Buy 124
09.12.09 2.800    Sell 124
06.12.09 2.930    Buy 130
17.11.09 3.130    Sell 130
04.11.09 3.050    Buy 127
18.10.09 3.300    Sell 127
07.10.09 3.150    Buy 121
23.09.09 3.290    Sell 121
16.09.09 3.060    Buy 113
14.09.09 3.010    Sell 113
01.09.09 2.900    Buy 108
10.08.09 2.930    Sell 108
11.06.09 3.160    Buy 117
11.05.09 3.080    Sell 117
15.03.09 2.820    Buy 107
09.03.09 2.830    Sell 107
08.02.09 2.450    Buy 93
20.11.08 3.730    Sell 93
16.11.08 3.540    Buy 88
06.11.08 4.360    Sell 88
20.10.08 4.500    Buy 91
15.10.08 4.860    Sell 91
17.09.08 5.530    Buy 103
14.09.08 5.950    Sell 103
09.09.08 5.700    Buy 99
03.09.08 5.720    Sell 99
31.08.08 5.780    Buy 100
27.08.08 5.820    Sell 100
25.08.08 5.820    Buy 100
19.08.08 5.990    Sell 100
 
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