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ASX
Index
fx
MFG.AX
ASX
Magellan Financial Group
STAY SHORT
Close
9.7900
Prev.Close
9.7600
Change
+0.0300
Change%
+0.31%
BULLISH THREE OUTSIDE U...
Sold at
9.6600
Open
9.8400
High
9.8950
Low
9.7700
Close
9.7900
Loss%
+1.35%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
20/07
9.6600
SHORT
+1.3%
❌
138
16/07
9.8600
BUY
-2.0%
❌
141
03/07
10.7600
SELL
-8.4%
✔
142
01/07
10.0600
BUY
+7.0%
✔
133
26/06
9.6400
SELL
+4.4%
❌
133
27/05
8.6200
BUY
+11.8%
✔ 👍
119
05/05
10.0600
SELL
-14.3%
✔
119
17/04
9.5300
BUY
+5.6%
✔
113
09/04
9.4400
SHORT
+1.0%
❌
115
01/04
10.0200
BUY
-5.8%
❌
123
10/03
10.6700
SELL
-6.1%
✔
123
26/02
8.5400
BUY
+24.9%
✔ 👍
98
23/02
8.7200
SELL
-2.1%
✔
99
17/02
8.1300
BUY
+7.3%
✔
92
13/02
8.1000
SHORT
+0.4%
❌
93
10/02
8.6700
BUY
-6.6%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
20/07
9.6600
SHORT
+1.3%
❌
218
16/07
9.8600
BUY
-2.0%
❌
223
03/07
10.7600
SELL
-8.4%
✔
224
01/07
10.0600
BUY
+7.0%
✔
210
26/06
9.6400
SELL
+4.4%
❌
210
27/05
8.6200
BUY
+11.8%
✔ 👍
188
05/05
10.0600
SELL
-14.3%
✔
189
17/04
9.5300
BUY
+5.6%
✔
179
09/04
9.4400
SHORT
+1.0%
❌
181
01/04
10.0200
BUY
-5.8%
❌
193
10/03
10.6700
SELL
-6.1%
✔
194
26/02
8.5400
BUY
+24.9%
✔ 👍
155
23/02
8.7200
SELL
-2.1%
✔
156
17/02
8.1300
BUY
+7.3%
✔
145
13/02
8.1000
SHORT
+0.4%
❌
147
10/02
8.6700
BUY
-6.6%
❌
158
27/01
8.9800
SHORT
-3.5%
✔
153
16/01
9.1600
BUY
-2.0%
❌
157
05/01
9.8300
SELL
-6.8%
✔
157
22/12
9.5600
BUY
+2.8%
✔
153
16/12
9.4600
SELL
+1.1%
❌
153
08/12
9.6400
BUY
-1.9%
❌
156
01/12
9.4300
SHORT
+2.2%
❌
161
24/11
9.3700
BUY
+0.6%
✔
160
18/11
9.2900
SHORT
+0.9%
❌
162
12/11
9.7500
BUY
-4.7%
❌
171
24/10
10.3900
SELL
-6.2%
✔
171
03/10
10.0600
BUY
+3.3%
✔
166
18/09
10.1900
SELL
-1.3%
✔
167
12/09
10.4900
BUY
-2.9%
❌
172
09/09
10.2300
SHORT
+2.5%
❌
177
22/08
10.6557
BUY
-4.0%
❌
185
19/08
10.4350
SHORT
+2.1%
❌
190
13/08
10.4574
BUY
-0.2%
❌
191
08/08
10.4003
SELL
+0.5%
❌
191
06/08
10.4593
BUY
-0.6%
❌
193
30/07
10.4049
SELL
+0.5%
❌
193
23/07
9.8472
BUY
+5.7%
✔
183
21/07
9.6256
SELL
+2.3%
❌
184
09/07
9.3489
BUY
+3.0%
✔
179
07/07
9.2256
SELL
+1.3%
❌
179
24/06
8.2968
BUY
+11.2%
✔ 👍
161
19/06
8.1920
SHORT
+1.3%
❌
164
04/06
8.2294
BUY
-0.5%
❌
166
26/05
8.1527
SELL
+0.9%
❌
166
17/04
7.2429
BUY
+12.6%
✔ 👍
148
14/04
7.1024
SHORT
+2.0%
❌
151
08/04
6.6100
BUY
+7.4%
✔
141
24/03
7.6518
SHORT
-13.6%
✔
125
20/03
7.6175
BUY
+0.5%
✔
125
12/02
9.7712
SHORT
-22.0%
✔
103
05/02
9.7315
BUY
+0.4%
✔
103
31/01
10.6661
SHORT
-8.8%
✔
95
29/01
12.0376
BUY
-11.4%
❌
107
23/01
11.6640
SELL
+3.2%
❌
108
17/01
10.9529
BUY
+6.5%
✔
101
13/01
10.4378
SHORT
+4.9%
❌
107
08/01
10.7659
BUY
-3.0%
❌
111
06/01
10.6396
SHORT
+1.2%
❌
113
23/12
10.8400
BUY
-1.8%
❌
115
16/12
10.8302
SELL
+0.1%
❌
115
29/11
10.6378
BUY
+1.8%
✔
114
21/11
10.4001
SHORT
+2.3%
❌
117
15/11
10.1543
BUY
+2.4%
✔
114
25/10
10.8925
SELL
-6.8%
✔
115
09/10
9.9956
BUY
+9.0%
✔
105
03/10
9.7511
SELL
+2.5%
❌
106
25/09
9.6236
BUY
+1.3%
✔
104
18/09
9.2832
SELL
+3.7%
❌
105
11/09
8.7603
BUY
+6.0%
✔
99
04/09
9.0581
SHORT
-3.3%
✔
96
30/08
9.1377
BUY
-0.9%
❌
97
28/08
9.1271
SHORT
+0.1%
❌
98
26/08
9.5549
BUY
-4.5%
❌
103
21/08
9.8492
SELL
-3.0%
✔
103
14/08
9.5157
BUY
+3.5%
✔
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 20/07/2026, 9 days ago, when the stock price was 9.6600. Since then,
MFG.AX
has risen by
+1.35%
.
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 is a confirmed Bullish Engulfing pattern. The first two candlesticks follow the classic Bullish Engulfing pattern, and the third day provides its confirmation.
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