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ASX
Index
fx
MICH.AX
ASX
Magellan Infrastructure (Curr Hedged)-Active
STAY LONG
Close
3.0700
Prev.Close
3.1000
Change
-0.0300
Change%
-0.97%
BEARISH THREE OUTSIDE D...
Bought at
3.0800
Open
3.0900
High
3.0900
Low
3.0700
Close
3.0700
Loss%
-0.32%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
11/09
3.0800
BUY
-0.3%
❌
98
01/09
3.1000
SHORT
-0.6%
✔
98
17/07
3.0400
BUY
+2.0%
✔
97
07/07
3.0500
SHORT
-0.3%
✔
97
02/07
3.1000
BUY
-1.6%
❌
99
26/05
3.1100
SELL
-0.3%
✔
99
19/05
3.0900
BUY
+0.6%
✔
98
14/05
2.9800
SELL
+3.7%
❌
99
28/04
2.9800
BUY
0.0%
❌
99
03/04
2.9000
SELL
+2.8%
❌
99
31/03
2.9200
BUY
-0.7%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
11/09
3.0800
BUY
-0.3%
❌
102
01/09
3.1000
SHORT
-0.6%
✔
102
17/07
3.0400
BUY
+2.0%
✔
101
07/07
3.0500
SHORT
-0.3%
✔
101
02/07
3.1000
BUY
-1.6%
❌
103
26/05
3.1100
SELL
-0.3%
✔
103
19/05
3.0900
BUY
+0.6%
✔
102
14/05
2.9800
SELL
+3.7%
❌
103
28/04
2.9800
BUY
0.0%
❌
103
03/04
2.9000
SELL
+2.8%
❌
103
31/03
2.9200
BUY
-0.7%
❌
104
03/02
2.8300
SELL
+3.2%
❌
104
15/01
2.7410
BUY
+3.2%
✔
101
02/01
2.7900
SHORT
-1.8%
✔
100
23/12
2.8300
BUY
-1.4%
❌
102
04/12
2.9600
SELL
-4.4%
✔
102
15/11
2.8900
BUY
+2.4%
✔
100
30/10
2.9000
SELL
-0.3%
✔
100
15/10
2.9300
BUY
-1.0%
❌
101
09/10
2.8700
SHORT
+2.1%
❌
104
29/08
2.8400
BUY
+1.1%
✔
103
16/08
2.8000
SELL
+1.4%
❌
103
14/08
2.8000
BUY
0.0%
❌
103
02/08
2.7900
SELL
+0.4%
❌
104
08/07
2.7000
BUY
+3.3%
✔
100
26/06
2.7100
SHORT
-0.4%
✔
100
21/06
2.7300
BUY
-0.7%
❌
102
11/06
2.7400
SHORT
-0.4%
✔
102
06/06
2.7700
BUY
-1.1%
❌
103
27/05
2.7400
SELL
+1.1%
❌
103
19/04
2.6800
BUY
+2.2%
✔
101
12/04
2.6800
SHORT
0.0%
❌
102
10/04
2.7400
BUY
-2.2%
❌
104
03/04
2.7500
SHORT
-0.4%
✔
104
22/03
2.7500
BUY
0.0%
❌
105
14/03
2.7600
SELL
-0.4%
✔
105
06/03
2.7300
BUY
+1.1%
✔
104
04/03
2.7100
SELL
+0.7%
❌
104
19/02
2.6900
BUY
+0.7%
✔
104
14/02
2.6500
SHORT
+1.5%
❌
106
29/01
2.7000
BUY
-1.9%
❌
108
12/01
2.7300
SHORT
-1.1%
✔
108
10/01
2.7600
BUY
-1.1%
❌
109
18/12
2.8000
SELL
-1.4%
✔
109
11/10
2.5500
BUY
+9.8%
✔
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 11/09/2025, 6 days ago, when the stock price was 3.0800. Since then,
MICH.AX
has fallen by
-0.32%
.
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 is a confirmed Bearish Engulfing pattern. The first two candlesticks follow the classic Bearish Engulfing pattern, and the third day provides its confirmation.
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