Title
by Americanbulls.com LLC
Last Update
25/09/2020
^IGCX
CORPORATE GOVERNANCE INDEX
Last Signal: STAY IN CASH
Last Pattern: BULLISH PIERCING LINE
Last Close:
15,927.2700
Change:
-5.4900
Percent change
-0.03%
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 26/08/2020, 30 days ago, when the index value was 16,676.1050. Since then ^IGCX has fallen by -4.49%.
Market Outlook
The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a bottom reversal pattern with two candlesticks. A black candlestick appears on the first day while a downtrend is in progress. The second day opens at a new low, with a gap down and closes more than halfway into the prior black body, leading to the formation of a strong white candlestick. more...
Signal History
Date 
Price 
Signal 
 
BRL100⇨ 
26/08/202016,676.1050SELL 131.34
18/08/202016,618.4100BUY 131.68
11/08/202016,742.7700SHORT 132.29
06/08/202016,822.5300BUY 134.53
31/07/202016,865.0600SELL 135.34
29/07/202016,919.0900BUY 136.59
24/07/202016,591.3900SELL 137.41
01/07/202015,507.2400BUY 129.21
24/06/202015,322.4500SELL 129.99
18/06/202015,420.6100BUY 131.61
10/06/202015,367.4450SELL 132.40
18/05/202012,661.2300BUY 109.74
12/05/202012,610.2700SELL 110.40
08/05/202012,843.3200BUY 113.12
04/05/202012,919.1500SELL 113.80
28/04/202012,681.7700BUY 112.38
24/04/202012,824.8700SELL 113.06
20/04/202012,684.0900BUY 112.49
16/04/202012,538.2900SELL 113.17
06/04/202011,486.0300BUY 104.30
31/03/202011,707.8000SHORT 103.60
25/03/202011,099.1200BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
BRL100⇨ 
26/08/202016,676.1050SELL 157.96
18/08/202016,618.4100BUY 158.36
11/08/202016,742.7700SHORT 159.10
06/08/202016,822.5300BUY 161.79
31/07/202016,865.0600SELL 162.77
29/07/202016,919.0900BUY 164.28
24/07/202016,591.3900SELL 165.27
01/07/202015,507.2400BUY 155.40
24/06/202015,322.4500SELL 156.34
18/06/202015,420.6100BUY 158.29
10/06/202015,367.4450SELL 159.25
18/05/202012,661.2300BUY 132.00
12/05/202012,610.2700SELL 132.80
08/05/202012,843.3200BUY 136.07
04/05/202012,919.1500SELL 136.89
28/04/202012,681.7700BUY 135.19
24/04/202012,824.8700SELL 136.01
20/04/202012,684.0900BUY 135.33
16/04/202012,538.2900SELL 136.15
06/04/202011,486.0300BUY 125.48
31/03/202011,707.8000SHORT 124.64
25/03/202011,099.1200BUY 119.59
06/03/202016,365.7300SHORT 91.57
02/03/202016,854.2700BUY 95.45
21/02/202018,394.2700SHORT 89.14
19/02/202018,607.4700BUY 91.27
14/02/202018,451.0100SELL 91.82
12/02/202018,457.3700BUY 92.41
06/02/202018,524.8650SELL 92.97
04/02/202018,507.0000BUY 93.44
27/01/202018,854.0800SHORT 92.86
20/01/202018,880.3200BUY 94.12
16/01/202018,485.3400SELL 94.69
13/01/202018,481.3700BUY 95.24
30/12/201918,180.9900SELL 95.81
13/12/201917,560.6300BUY 93.10
10/12/201917,243.5700SELL 93.66
28/11/201916,819.2600BUY 91.91
26/11/201916,770.7450SELL 92.46
21/11/201916,598.3200BUY 92.06
12/11/201916,615.7300SHORT 93.08
04/11/201916,840.6500BUY 95.48
31/10/201916,543.4700SELL 96.06
28/10/201916,591.4400BUY 96.92
24/10/201916,446.9200SELL 97.50
10/10/201915,721.6200BUY 93.76
08/10/201915,527.2300SHORT 96.10
04/10/201915,868.7400BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
BRL100⇨ 
26/08/202016,676.1050SELL 150.43
18/08/202016,618.4100BUY 150.81
11/08/202016,742.7700SHORT 151.51
06/08/202016,822.5300BUY 154.08
31/07/202016,865.0600SELL 155.01
29/07/202016,919.0900BUY 156.45
24/07/202016,591.3900SELL 157.39
01/07/202015,507.2400BUY 147.99
24/06/202015,322.4500SELL 148.88
18/06/202015,420.6100BUY 150.74
10/06/202015,367.4450SELL 151.65
18/05/202012,661.2300BUY 125.70
12/05/202012,610.2700SELL 126.46
08/05/202012,843.3200BUY 129.57
04/05/202012,919.1500SELL 130.35
28/04/202012,681.7700BUY 128.73
24/04/202012,824.8700SELL 129.51
20/04/202012,684.0900BUY 128.86
16/04/202012,538.2900SELL 129.64
06/04/202011,486.0300BUY 119.48
31/03/202011,707.8000SHORT 118.68
25/03/202011,099.1200BUY 113.87
06/03/202016,365.7300SHORT 87.19
02/03/202016,854.2700BUY 90.88
21/02/202018,394.2700SHORT 84.87
19/02/202018,607.4700BUY 86.89
14/02/202018,451.0100SELL 87.41
12/02/202018,457.3700BUY 87.97
06/02/202018,524.8650SELL 88.50
04/02/202018,507.0000BUY 88.95
27/01/202018,854.0800SHORT 88.40
20/01/202018,880.3200BUY 89.60
16/01/202018,485.3400SELL 90.14
13/01/202018,481.3700BUY 90.66
30/12/201918,180.9900SELL 91.21
13/12/201917,560.6300BUY 88.63
10/12/201917,243.5700SELL 89.16
28/11/201916,819.2600BUY 87.49
26/11/201916,770.7450SELL 88.02
21/11/201916,598.3200BUY 87.64
12/11/201916,615.7300SHORT 88.61
04/11/201916,840.6500BUY 90.90
31/10/201916,543.4700SELL 91.45
28/10/201916,591.4400BUY 92.27
24/10/201916,446.9200SELL 92.83
10/10/201915,721.6200BUY 89.27
08/10/201915,527.2300SHORT 91.50
04/10/201915,868.7400BUY 94.64
01/10/201916,090.7750SELL 95.21
19/09/201916,103.8300BUY 95.86
16/09/201915,870.9100SELL 96.44
28/08/201915,068.9800BUY 92.12
26/08/201915,049.3200SHORT 93.36
21/08/201915,434.3300BUY 96.91
14/08/201915,674.0100SELL 97.49
02/08/201915,664.0000BUY 98.02
25/07/201915,655.2500SHORT 99.26
28/06/201915,199.7400BUY 97.54
25/06/201915,288.1850SELL 98.13
19/06/201915,023.9400BUY 97.02
17/06/201914,719.0400SELL 97.61
07/06/201914,631.2200BUY 97.61
05/06/201914,496.0050SELL 98.20
20/05/201913,593.5900BUY 92.64
07/05/201914,131.6100SELL 93.20
16/04/201914,036.4300BUY 93.13
10/04/201914,269.1100SHORT 92.75
05/04/201914,389.5300BUY 94.67
03/04/201914,190.7000SELL 95.24
11/03/201914,255.2000BUY 96.25
28/02/201914,332.8000SELL 96.83
12/02/201914,142.9700BUY 96.12
06/02/201914,450.9650SHORT 95.25
30/01/201914,361.2800BUY 95.81
28/01/201914,134.5600SELL 96.39
24/01/201914,415.0700BUY 98.90
22/01/201914,113.7200SELL 99.50
28/12/201812,817.0700BUY 90.90
17/12/201812,919.3250SHORT 91.28
12/12/201812,915.8800BUY 92.36
04/12/201813,120.8500SELL 92.92
28/11/201813,009.4900BUY 92.69
26/11/201812,706.5400SHORT 96.10
16/11/201812,773.2200BUY 97.77
07/11/201813,035.8100SELL 98.36
26/10/201812,534.3800BUY 95.15
24/10/201812,504.2100SELL 95.72
16/10/201812,292.8100BUY 94.67
11/10/201812,253.5400SELL 95.24
09/10/201812,621.4900BUY 98.69
05/10/201812,093.7900SELL 99.29
03/10/201812,033.9800BUY 99.40
† Trade commissions are taken as 0.60%.

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