BET.AX (ASX)

BET.AX ASX

Betmakers Technology Group

SELL

0.1900

Prev.Close

0.2300

Change

-0.0400

Change%

-17.39%

BEARISH DESCENDING HAWK

Sold at

0.1900

Open

0.2000

High

0.2050

Low

0.1850

0.1900

0.00%

Signal History

Date	Price	Signal	Change%		AUD100⇨
12/02	0.1900	SELL	0.0%		150
06/02	0.2020	BUY	-5.9%	❌	160
15/01	0.1980	SHORT	+2.0%	❌	164
08/01	0.2000	BUY	-1.0%	❌	166
06/01	0.1855	SELL	+7.8%	❌	167
30/12	0.1845	BUY	+0.5%	✔	166
24/12	0.1800	SELL	+2.5%	❌	166
19/12	0.1900	BUY	-5.3%	❌	176
17/12	0.1780	SELL	+6.7%	❌	176
10/12	0.1745	BUY	+2.0%	✔	173
08/12	0.1730	SELL	+0.9%	❌	174
26/11	0.1520	BUY	+13.8%	✔ 👍	153
19/11	0.1630	SHORT	-6.7%	✔	144
12/11	0.1670	BUY	-2.4%	❌	148
09/10	0.1955	SHORT	-14.6%	✔	130
15/08	0.1500	BUY	+30.3%	✔ 👍	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 DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 0.2025, and our valid average selling price now stands at 0.1900. The previous BUY signal was issued on 06/02/2026, 6 days ago, when the stock price was 0.2020. Since then, BET.AX has fallen by -5.94%.

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 pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		AUD100⇨
12/02	0.1900	SELL	0.0%		153
06/02	0.2020	BUY	-5.9%	❌	163
15/01	0.1980	SHORT	+2.0%	❌	167
08/01	0.2000	BUY	-1.0%	❌	169
06/01	0.1855	SELL	+7.8%	❌	169
30/12	0.1845	BUY	+0.5%	✔	169
24/12	0.1800	SELL	+2.5%	❌	169
19/12	0.1900	BUY	-5.3%	❌	179
17/12	0.1780	SELL	+6.7%	❌	179
10/12	0.1745	BUY	+2.0%	✔	176
08/12	0.1730	SELL	+0.9%	❌	177
26/11	0.1520	BUY	+13.8%	✔ 👍	155
19/11	0.1630	SHORT	-6.7%	✔	146
12/11	0.1670	BUY	-2.4%	❌	150
09/10	0.1955	SHORT	-14.6%	✔	132
15/08	0.1500	BUY	+30.3%	✔ 👍	102
12/08	0.1530	SELL	-2.0%	✔	102
08/08	0.1600	BUY	-4.4%	❌	107
06/08	0.1455	SELL	+10.0%	❌	107
29/07	0.1300	BUY	+11.9%	✔ 👍	96
21/07	0.1000	SELL	+30.0%	❌	96
17/07	0.1060	BUY	-5.7%	❌	102
13/06	0.0980	SELL	+8.2%	❌	102
11/06	0.1110	BUY	-11.7%	❌	116
03/06	0.1050	SELL	+5.7%	❌	116
29/05	0.1135	BUY	-7.5%	❌	126
27/05	0.1090	SELL	+4.1%	❌	126
15/05	0.1100	BUY	-0.9%	❌	127
16/04	0.1089	SELL	+1.0%	❌	127
10/04	0.0980	BUY	+11.1%	✔ 👍	115
18/03	0.1040	SHORT	-5.8%	✔	109
10/03	0.1100	BUY	-5.5%	❌	116
04/03	0.1090	SHORT	+0.9%	❌	117
28/02	0.1160	BUY	-6.0%	❌	125
26/02	0.1100	SELL	+5.5%	❌	126
20/02	0.1160	BUY	-5.2%	❌	133
18/02	0.1140	SELL	+1.8%	❌	133
14/02	0.1160	BUY	-1.7%	❌	136
12/02	0.1140	SHORT	+1.8%	❌	139
07/02	0.1160	BUY	-1.7%	❌	142