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ASX
Index
fx
MGT.AX
ASX
Magnetite Mines
STAY LONG
Close
0.0190
Prev.Close
0.0190
Change
0.0000
Change%
0.00%
BEARISH MATCHING HIGH
Bought at
0.0190
Open
0.0185
High
0.0190
Low
0.0185
Close
0.0190
0.00%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
09/07
0.0190
BUY
0.0%
❌
19
07/07
0.0170
SHORT
+11.8%
❌
22
03/07
0.0210
BUY
-19.0%
❌
27
23/06
0.0220
SHORT
-4.5%
✔
26
09/06
0.0260
BUY
-15.4%
❌
31
27/05
0.0280
SELL
-7.1%
✔
31
22/05
0.0310
BUY
-9.7%
❌
34
18/05
0.0280
SHORT
+10.7%
❌
39
07/05
0.0280
BUY
0.0%
❌
39
01/05
0.0270
SHORT
+3.7%
❌
41
29/04
0.0310
BUY
-12.9%
❌
47
23/04
0.0290
SHORT
+6.9%
❌
50
10/04
0.0325
BUY
-10.8%
❌
57
23/03
0.0380
SHORT
-14.5%
✔
50
18/03
0.0420
BUY
-9.5%
❌
55
04/03
0.0413
SHORT
+1.7%
❌
56
25/02
0.0520
BUY
-20.6%
❌
71
19/02
0.0570
SELL
-8.8%
✔
71
17/02
0.0580
BUY
-1.7%
❌
73
09/02
0.0500
SHORT
+16.0%
❌
87
05/02
0.0540
BUY
-7.4%
❌
94
29/01
0.0560
SELL
-3.6%
✔
95
23/01
0.0590
BUY
-5.1%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
09/07
0.0190
BUY
0.0%
❌
12
07/07
0.0170
SHORT
+11.8%
❌
14
03/07
0.0210
BUY
-19.0%
❌
17
23/06
0.0220
SHORT
-4.5%
✔
16
09/06
0.0260
BUY
-15.4%
❌
19
27/05
0.0280
SELL
-7.1%
✔
19
22/05
0.0310
BUY
-9.7%
❌
21
18/05
0.0280
SHORT
+10.7%
❌
24
07/05
0.0280
BUY
0.0%
❌
24
01/05
0.0270
SHORT
+3.7%
❌
25
29/04
0.0310
BUY
-12.9%
❌
29
23/04
0.0290
SHORT
+6.9%
❌
31
10/04
0.0325
BUY
-10.8%
❌
35
23/03
0.0380
SHORT
-14.5%
✔
31
18/03
0.0420
BUY
-9.5%
❌
34
04/03
0.0413
SHORT
+1.7%
❌
35
25/02
0.0520
BUY
-20.6%
❌
44
19/02
0.0570
SELL
-8.8%
✔
44
17/02
0.0580
BUY
-1.7%
❌
45
09/02
0.0500
SHORT
+16.0%
❌
54
05/02
0.0540
BUY
-7.4%
❌
58
29/01
0.0560
SELL
-3.6%
✔
58
23/01
0.0590
BUY
-5.1%
❌
62
19/01
0.0540
SELL
+9.3%
❌
62
22/12
0.0530
BUY
+1.9%
✔
61
02/12
0.0570
SELL
-7.0%
✔
61
26/11
0.0590
BUY
-3.4%
❌
63
21/11
0.0570
SHORT
+3.5%
❌
66
19/11
0.0570
BUY
0.0%
❌
66
06/11
0.0580
SHORT
-1.7%
✔
65
31/10
0.0590
BUY
-1.7%
❌
66
16/10
0.0620
SELL
-4.8%
✔
67
29/09
0.0640
BUY
-3.1%
❌
69
19/09
0.0620
SHORT
+3.2%
❌
71
17/09
0.0640
BUY
-3.1%
❌
74
02/09
0.0855
SELL
-25.1%
✔
74
29/08
0.0840
BUY
+1.8%
✔
73
21/08
0.0930
SELL
-9.7%
✔
73
19/08
0.0850
BUY
+9.4%
✔
67
11/08
0.0748
SELL
+13.6%
❌
67
31/07
0.0853
BUY
-12.3%
❌
77
28/07
0.0827
SELL
+3.1%
❌
77
21/07
0.0862
BUY
-4.1%
❌
80
09/07
0.0796
SHORT
+8.3%
❌
88
30/06
0.0794
BUY
+0.3%
✔
88
04/04
0.1129
QUIT
-29.7%
88
02/04
0.1264
SELL
-10.7%
✔
88
07/03
0.0922
BUY
+37.1%
✔ 👍
64
26/02
0.0962
SELL
-4.2%
✔
65
21/02
0.0947
BUY
+1.6%
✔
64
19/02
0.0942
SHORT
+0.5%
❌
64
14/02
0.0933
BUY
+1.0%
✔
64
12/02
0.0934
SHORT
-0.1%
✔
64
05/02
0.0992
BUY
-5.8%
❌
68
18/12
0.1179
QUIT
-15.9%
68
10/12
0.1384
SELL
-14.8%
✔
68
03/12
0.1388
BUY
-0.3%
❌
69
19/11
0.1385
SHORT
+0.2%
❌
69
13/11
0.1387
BUY
-0.1%
❌
70
04/11
0.1555
SHORT
-10.8%
✔
63
22/10
0.1736
BUY
-10.4%
❌
71
16/10
0.1702
SHORT
+2.0%
❌
72
09/10
0.1817
BUY
-6.3%
❌
78
27/09
0.1847
SHORT
-1.6%
✔
77
18/09
0.1915
BUY
-3.6%
❌
80
04/09
0.1944
SHORT
-1.5%
✔
79
29/08
0.2406
BUY
-19.2%
❌
98
22/08
0.2526
SELL
-4.8%
✔
98
19/08
0.2479
BUY
+1.9%
✔
97
16/07
0.2916
SELL
-15.0%
✔
97
12/07
0.2995
BUY
-2.6%
❌
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 LONG
. The previous
BUY
signal was issued on 09/07/2026, 1 day ago, when the stock price was 0.0190. Since then,
MGT.AX
has remained unchanged.
Market Outlook
Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to
STAY LONG
, but the chance of a bearish confirmation that will change the signal to
SHORT
is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.
SHORT
is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop-loss levels must be kept in mind at all times and
SHORT
orders must never be placed without a stop-loss.
Pattern Description
This pattern occurs when two consecutive white candlesticks appear in an uptrend, both having equal closing prices. It signals that a top has been reached, as the new high was tested but failed to hold, indicating a strong resistance level.
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