ETE (ATHEX)

ETE ATHEX

National Bank of Greece

STAY LONG

7.7300

Prev.Close

7.7400

Change

-0.0100

Change%

-0.13%

BEARISH DESCENDING HAWK

Bought at

7.0160

Open

7.6600

High

7.7780

Low

7.6200

7.7300

Gain%

+10.18%

Signal History

Date	Price	Signal	Change%		€100⇨
20/11	7.0160	BUY	+10.2%	✔	95
14/11	7.2820	SELL	-3.7%	✔	96
12/11	7.5900	BUY	-4.1%	❌	100
08/11	7.5160	SELL	+1.0%	❌	101
01/11	7.3150	BUY	+2.7%	✔	98
22/10	7.3810	SHORT	-0.9%	✔	98
17/10	7.4450	BUY	-0.9%	❌	100
08/10	7.5840	SELL	-1.8%	✔	101
04/10	7.7340	BUY	-1.9%	❌	103
30/09	7.7190	SHORT	+0.2%	❌	105
17/09	7.4600	BUY	+3.5%	✔	102
04/09	7.7420	SELL	-3.6%	✔	103
02/09	7.9160	BUY	-2.2%	❌	105
29/08	7.8300	SELL	+1.1%	❌	106
22/08	8.1400	BUY	-3.8%	❌	111
20/08	8.0100	SELL	+1.6%	❌	111
12/08	7.4500	BUY	+7.5%	✔	104
24/07	8.3500	SELL	-10.8%	✔	105
16/07	8.0000	BUY	+4.4%	✔	101
09/07	7.9400	SELL	+0.8%	❌	101
01/07	7.8560	BUY	+1.1%	✔	101
21/06	8.0240	SHORT	-2.1%	✔	100

† Trade commissions are taken as 0.50%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 20/11/2024, 21 days ago, when the stock price was 7.0160. Since then ETE has risen by +10.18%.

Market Outlook

The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis, given the downside risks involved.

Pattern Description

This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...

Date	Price	Signal	Change%		€100⇨
20/11	7.0160	BUY	+10.2%	✔	150
14/11	7.2820	SELL	-3.7%	✔	151
12/11	7.5900	BUY	-4.1%	❌	158
08/11	7.5160	SELL	+1.0%	❌	159
01/11	7.3150	BUY	+2.7%	✔	156
22/10	7.3810	SHORT	-0.9%	✔	156
17/10	7.4450	BUY	-0.9%	❌	159
08/10	7.5840	SELL	-1.8%	✔	160
04/10	7.7340	BUY	-1.9%	❌	164
30/09	7.7190	SHORT	+0.2%	❌	166
17/09	7.4600	BUY	+3.5%	✔	162
04/09	7.7420	SELL	-3.6%	✔	162
02/09	7.9160	BUY	-2.2%	❌	167
29/08	7.8300	SELL	+1.1%	❌	168
22/08	8.1400	BUY	-3.8%	❌	175
20/08	8.0100	SELL	+1.6%	❌	176
12/08	7.4500	BUY	+7.5%	✔	165
24/07	8.3500	SELL	-10.8%	✔	166
16/07	8.0000	BUY	+4.4%	✔	159
09/07	7.9400	SELL	+0.8%	❌	160
01/07	7.8560	BUY	+1.1%	✔	159
21/06	8.0240	SHORT	-2.1%	✔	158
07/06	8.1480	BUY	-1.5%	❌	162
23/05	8.3100	SELL	-1.9%	✔	162
08/05	7.9500	BUY	+4.5%	✔	156
30/04	7.5750	SELL	+5.0%	❌	157
22/04	7.1710	BUY	+5.6%	✔	149
12/04	7.3840	SELL	-2.9%	✔	150
08/04	7.1510	BUY	+3.3%	✔	146
27/03	7.3400	SELL	-2.6%	✔	147
14/03	7.0890	BUY	+3.5%	✔	142
07/03	7.1850	SELL	-1.3%	✔	143
06/03	7.3000	BUY	-1.6%	❌	146
01/03	7.2100	SHORT	+1.2%	❌	150
31/01	6.9500	BUY	+3.7%	✔	146
25/01	6.8500	SELL	+1.5%	❌	146
18/01	6.9350	BUY	-1.2%	❌	149
16/01	6.8230	SELL	+1.6%	❌	150
02/01	6.3810	BUY	+6.9%	✔	141
22/12	6.3550	SELL	+0.4%	❌	141