MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are slightly stronger and the flow of money is rather balanced. You also have to know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how NIC.AX displayed a rally after the BUY signal which was issued on 19/03/2024. Since then, the gain in this stock stretched to a whopping 13%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
12/04/2024
 
COE.AX
 
Last Signal
SELL
2201
Sell Level
0.2250
Sold at
0.2230
Close
0.2150
Gain%
-3.59
Bought on
12/04/2024
 
HZR.AX
 
Last Signal
BUY
2102
Buy Level
0.4750
Bought at
0.4775
Close
0.4775
 
 
Bought on
12/04/2024
 
JLL.AX
 
Last Signal
BUY
2103
Buy Level
0.6700
Bought at
0.6800
Close
0.6800
 
 
Sold on
12/04/2024
 
NIC.AX
 
Last Signal
SELL
3206
Sell Level
0.8700
Sold at
0.8620
Close
0.8600
Gain%
-0.23
Sold on
11/04/2024
 
CAT.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
1.5650
Sold at
1.5800
Close
1.5450
Gain%
-2.22
Sold on
11/04/2024
 
CGR.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
0.3270
Close
0.3050
Gain%
-6.73
Bought on
11/04/2024
 
T92.AX
 
Last Signal
STAY LONG
0
 
Bought at
0.1500
Close
0.1600
Gain%
6.67
Bought on
10/04/2024
 
NMT.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.1300
Bought at
0.1310
Close
0.1300
Loss%
-0.76
Bought on
10/04/2024
 
NXD.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.2900
Bought at
0.3100
Close
0.2950
Loss%
-4.84
Sold on
10/04/2024
 
OBM.AX
 
Last Signal
STAY IN CASH
60000
Buy Level
0.3200
Sold at
0.3000
Close
0.3400
Loss%
13.33
Sold on
10/04/2024
 
RMS.AX
 
Last Signal
BUY
2107
Buy Level
1.9400
Sold at
1.9425
Close
1.9950
Loss%
2.70
Sold on
09/04/2024
 
RXM.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2300
Sold at
0.2305
Close
0.2300
Gain%
-0.22
Sold on
09/04/2024
 
SPR.AX
 
Last Signal
STAY SHORT
3112
Buy Level
0.6100
Sold at
0.6400
Close
0.6100
Gain%
-4.69
Bought on
08/04/2024
 
ABA.AX
 
Last Signal
STAY LONG
2202
Sell Level
4.4300
Bought at
4.4050
Close
4.4400
Gain%
0.79
Sold on
08/04/2024
 
BMN.AX
 
Last Signal
STAY IN CASH
60000
Buy Level
4.0000
Sold at
3.9300
Close
4.1300
Loss%
5.09
Sold on
08/04/2024
 
IHVV.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
48.18
Close
48.19
Loss%
0.02
Bought on
08/04/2024
 
KLS.AX
 
Last Signal
STAY LONG
0
 
Bought at
5.5900
Close
5.5100
Loss%
-1.43
Sold on
05/04/2024
 
ADT.AX
 
Last Signal
BUY
60000
Buy Level
4.2300
Sold at
3.9400
Close
4.2500
Loss%
7.87
Bought on
05/04/2024
 
IND.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.1700
Bought at
0.1770
Close
0.1900
Gain%
7.34
Sold on
04/04/2024
 
OPT.AX
 
Opthea
 
Last Signal
STAY IN CASH
2103
Buy Level
0.7300
Sold at
0.7330
Close
0.7200
Gain%
-1.77
Sold on
03/04/2024
 
FLC.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
0.1700
Sold at
0.1680
Close
0.1650
Gain%
-1.79
Sold on
03/04/2024
 
QSML.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
29.25
Sold at
29.96
Close
29.14
Gain%
-2.74
Bought on
02/04/2024
 
LDX.AX
 
Last Signal
SHORT
2203
Sell Level
0.0660
Bought at
0.0620
Close
0.0630
Gain%
1.61
Sold on
27/03/2024
 
RWC.AX
 
Last Signal
STAY IN CASH
2105
Buy Level
5.7800
Sold at
5.6900
Close
5.4200
Gain%
-4.75
Sold on
27/03/2024
 
WEB.AX
 
Webjet
 
Last Signal
STAY IN CASH
2110
Buy Level
8.6600
Sold at
8.8200
Close
8.5000
Gain%
-3.63
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