DRO.AX (ASX)

DRO.AX ASX

DroneShield

SELL

5.6400

Prev.Close

6.0300

Change

-0.3900

Change%

-6.47%

BEARISH EVENING STAR

Sold at

6.0300

Open

6.0900

High

6.1300

Low

5.6300

5.6400

Gain%

-6.47%

Signal History

Date	Price	Signal	Change%		AUD100⇨
14/10	6.0300	SELL	-6.5%		400
06/10	6.0500	BUY	-0.3%	❌	402
02/10	5.3450	SELL	+13.2%	❌	403
10/09	3.2100	BUY	+66.5%	✔ 👍	242
29/08	3.3100	SHORT	-3.0%	✔	236
22/08	3.5800	BUY	-7.5%	❌	257
15/08	4.1000	SELL	-12.7%	✔	257
30/07	3.1200	BUY	+31.4%	✔ 👍	196
24/07	3.4600	SELL	-9.8%	✔	196
08/07	2.4800	BUY	+39.5%	✔ 👍	141
30/06	2.3600	SELL	+5.1%	❌	141
26/06	2.2100	BUY	+6.8%	✔	133
24/06	1.8120	SELL	+22.0%	❌	133
12/06	1.6610	BUY	+9.1%	✔	122
06/06	1.5865	SELL	+4.7%	❌	122
29/05	1.2370	BUY	+28.3%	✔ 👍	96
14/05	1.3120	SELL	-5.7%	✔	96
12/05	1.3650	BUY	-3.9%	❌	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 SELL. The BEARISH EVENING STAR pattern has finally received confirmation because the prices crossed below the confirmation level at 6.3600, and our valid average selling price now stands at 6.0300. The previous BUY signal was issued on 06/10/2025, 8 days ago, when the stock price was 6.0500. Since then, DRO.AX has fallen by -0.33%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a three-candlestick formation indicating a significant top reversal. It consists of a white candlestick followed by a small candlestick, which typically gaps up to form a star. The third candlestick is black and closes well within the bullish candlestick’s real body from the first session. This is a notable reversal pattern. more...

Date	Price	Signal	Change%		AUD100⇨
14/10	6.0300	SELL	-6.5%		7,266
06/10	6.0500	BUY	-0.3%	❌	7,305
02/10	5.3450	SELL	+13.2%	❌	7,320
10/09	3.2100	BUY	+66.5%	✔ 👍	4,405
29/08	3.3100	SHORT	-3.0%	✔	4,293
22/08	3.5800	BUY	-7.5%	❌	4,662
15/08	4.1000	SELL	-12.7%	✔	4,671
30/07	3.1200	BUY	+31.4%	✔ 👍	3,562
24/07	3.4600	SELL	-9.8%	✔	3,569
08/07	2.4800	BUY	+39.5%	✔ 👍	2,563
30/06	2.3600	SELL	+5.1%	❌	2,568
26/06	2.2100	BUY	+6.8%	✔	2,410
24/06	1.8120	SELL	+22.0%	❌	2,415
12/06	1.6610	BUY	+9.1%	✔	2,218
06/06	1.5865	SELL	+4.7%	❌	2,222
29/05	1.2370	BUY	+28.3%	✔ 👍	1,736
14/05	1.3120	SELL	-5.7%	✔	1,740
12/05	1.3650	BUY	-3.9%	❌	1,814
06/05	1.3050	SELL	+4.6%	❌	1,817
10/04	0.9280	BUY	+40.6%	✔ 👍	1,295
09/04	0.8560	SHORT	+8.4%	❌	1,419
03/04	0.9190	BUY	-6.9%	❌	1,530
24/03	1.0865	SELL	-15.4%	✔	1,533
13/03	0.9440	BUY	+15.1%	✔ 👍	1,335
11/03	0.9275	SELL	+1.8%	❌	1,337
06/03	0.8180	BUY	+13.4%	✔ 👍	1,182
28/02	0.7970	SELL	+2.6%	❌	1,184
13/02	0.6210	BUY	+28.3%	✔ 👍	925
11/02	0.6200	SHORT	+0.2%	❌	930
05/02	0.6600	BUY	-6.1%	❌	994
03/02	0.6430	SHORT	+2.6%	❌	1,025
30/01	0.6510	BUY	-1.2%	❌	1,042
10/01	0.7770	SELL	-16.2%	✔	1,044
27/12	0.6610	BUY	+17.5%	✔ 👍	890
03/12	0.7450	SHORT	-11.3%	✔	803
25/11	0.7320	BUY	+1.8%	✔	792
20/11	0.7720	SHORT	-5.2%	✔	756
13/11	0.8100	BUY	-4.7%	❌	796
07/11	0.9250	SHORT	-12.4%	✔	711
31/10	0.9515	BUY	-2.8%	❌	734