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ASX
Index
fx
MFG.AX
ASX
Magellan Financial Group
STAY SHORT
Close
8.8200
Prev.Close
8.6000
Change
+0.2200
Change%
+2.56%
BULLISH HOMING PIGEON
Sold at
8.9800
Open
8.6900
High
8.8800
Low
8.6200
Close
8.8200
Gain%
-1.78%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
27/01
8.9800
SHORT
-1.8%
✔
80
16/01
9.1600
BUY
-2.0%
❌
81
05/01
9.8300
SELL
-6.8%
✔
82
22/12
9.5600
BUY
+2.8%
✔
80
16/12
9.4600
SELL
+1.1%
❌
80
08/12
9.6300
BUY
-1.8%
❌
81
01/12
9.4300
SHORT
+2.1%
❌
83
24/11
9.3700
BUY
+0.6%
✔
83
18/11
9.3000
SHORT
+0.8%
❌
84
12/11
9.7500
BUY
-4.6%
❌
89
24/10
10.3900
SELL
-6.2%
✔
89
03/10
10.0600
BUY
+3.3%
✔
86
18/09
10.1900
SELL
-1.3%
✔
86
12/09
10.4900
BUY
-2.9%
❌
89
09/09
10.2300
SHORT
+2.5%
❌
92
22/08
10.6542
BUY
-4.0%
❌
96
19/08
10.4366
SHORT
+2.1%
❌
98
13/08
10.4574
BUY
-0.2%
❌
99
08/08
10.4019
SELL
+0.5%
❌
99
06/08
10.4578
BUY
-0.5%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
27/01
8.9800
SHORT
-1.8%
✔
171
16/01
9.1600
BUY
-2.0%
❌
175
05/01
9.8300
SELL
-6.8%
✔
175
22/12
9.5600
BUY
+2.8%
✔
171
16/12
9.4600
SELL
+1.1%
❌
171
08/12
9.6300
BUY
-1.8%
❌
175
01/12
9.4300
SHORT
+2.1%
❌
179
24/11
9.3700
BUY
+0.6%
✔
179
18/11
9.3000
SHORT
+0.8%
❌
181
12/11
9.7500
BUY
-4.6%
❌
190
24/10
10.3900
SELL
-6.2%
✔
191
03/10
10.0600
BUY
+3.3%
✔
185
18/09
10.1900
SELL
-1.3%
✔
185
12/09
10.4900
BUY
-2.9%
❌
191
09/09
10.2300
SHORT
+2.5%
❌
197
22/08
10.6542
BUY
-4.0%
❌
206
19/08
10.4366
SHORT
+2.1%
❌
211
13/08
10.4574
BUY
-0.2%
❌
212
08/08
10.4019
SELL
+0.5%
❌
213
06/08
10.4578
BUY
-0.5%
❌
214
30/07
10.4065
SELL
+0.5%
❌
215
23/07
9.8457
BUY
+5.7%
✔
204
21/07
9.6270
SELL
+2.3%
❌
204
09/07
9.3489
BUY
+3.0%
✔
198
07/07
9.2270
SELL
+1.3%
❌
199
24/06
8.2956
BUY
+11.2%
✔ 👍
179
19/06
8.1932
SHORT
+1.2%
❌
182
04/06
8.2281
BUY
-0.4%
❌
184
26/05
8.1540
SELL
+0.9%
❌
184
17/04
7.2418
BUY
+12.6%
✔ 👍
164
14/04
7.1024
SHORT
+2.0%
❌
168
08/04
6.6090
BUY
+7.5%
✔
157
24/03
7.6518
SHORT
-13.6%
✔
138
20/03
7.6164
BUY
+0.5%
✔
138
12/02
9.7728
SHORT
-22.1%
✔
114
05/02
9.7315
BUY
+0.4%
✔
114
31/01
10.6679
SHORT
-8.8%
✔
105
29/01
12.0357
BUY
-11.4%
❌
119
23/01
11.6640
SELL
+3.2%
❌
119
17/01
10.9511
BUY
+6.5%
✔
112
13/01
10.4378
SHORT
+4.9%
❌
118
08/01
10.7641
BUY
-3.0%
❌
123
06/01
10.6414
SHORT
+1.2%
❌
125
23/12
10.8400
BUY
-1.8%
❌
127
16/12
10.8302
SELL
+0.1%
❌
128
29/11
10.6360
BUY
+1.8%
✔
126
21/11
10.4019
SHORT
+2.3%
❌
129
15/11
10.1525
BUY
+2.5%
✔
126
25/10
10.8944
SELL
-6.8%
✔
127
09/10
9.9939
BUY
+9.0%
✔
116
03/10
9.7511
SELL
+2.5%
❌
117
24/09
9.5745
BUY
+1.8%
✔
115
18/09
9.2848
SELL
+3.1%
❌
115
11/09
8.7603
BUY
+6.0%
✔
109
04/09
9.0597
SHORT
-3.3%
✔
106
30/08
9.1361
BUY
-0.8%
❌
107
28/08
9.1288
SHORT
+0.1%
❌
108
26/08
9.5549
BUY
-4.5%
❌
113
21/08
9.8492
SELL
-3.0%
✔
113
14/08
9.5157
BUY
+3.5%
✔
110
02/08
9.8199
SELL
-3.1%
✔
110
24/07
9.4568
BUY
+3.8%
✔
106
22/07
9.4303
SELL
+0.3%
❌
106
18/07
9.4923
BUY
-0.7%
❌
107
12/07
9.2606
SELL
+2.5%
❌
107
25/06
8.3385
BUY
+11.1%
✔ 👍
97
13/06
8.0844
SHORT
+3.1%
❌
100
31/05
8.0147
BUY
+0.9%
✔
100
24/05
8.2305
SHORT
-2.6%
✔
98
21/05
8.4954
BUY
-3.1%
❌
101
01/05
8.5739
SHORT
-0.9%
✔
101
23/04
8.8514
BUY
-3.1%
❌
104
16/04
9.0690
SHORT
-2.4%
✔
102
12/04
9.3096
BUY
-2.6%
❌
106
09/04
9.2543
SHORT
+0.6%
❌
107
04/04
9.6206
BUY
-3.8%
❌
111
26/03
9.8394
SELL
-2.2%
✔
111
13/03
9.2463
BUY
+6.4%
✔
105
11/03
8.8878
SELL
+4.0%
❌
105
01/03
8.0617
BUY
+10.2%
✔ 👍
96
20/02
8.6916
SELL
-7.2%
✔
96
14/02
8.7034
BUY
-0.1%
❌
96
09/02
8.6211
SELL
+1.0%
❌
96
07/02
8.9172
BUY
-3.3%
❌
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
STAY SHORT
. The previous
SHORT
signal was issued on 27/01/2026, 7 days ago, when the stock price was 8.9800. Since then,
MFG.AX
has fallen by
-1.78%
.
Market Outlook
Bear market rallies can be severe reversals, causing difficulties for those holding short positions. Therefore, it's advisable to remain vigilant, despite the relative comfort provided by the ongoing bearish trend. There is a bullish pattern to be confirmed, but the share price is still not above its confirmation level and the signal is suggesting to
STAY SHORT
; however, the chance of a bullish confirmation that will change the signal to
BUY
is quite high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.
Pattern Description
This pattern consists of a small black candlestick within a preceding relatively long black candlestick. It resembles the Harami pattern, except that both candlesticks are black.
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