MVP.AX (ASX)

MVP.AX ASX

Medical Developments International

STAY SHORT

0.4100

Prev.Close

0.4050

Change

+0.0050

Change%

+1.23%

BULLISH HOMING PIGEON

Sold at

0.4300

Open

0.4100

High

0.4100

Low

0.4050

0.4100

Gain%

-4.65%

Signal History

Date	Price	Signal	Change%		AUD100⇨
26/02	0.4300	SHORT	-4.7%	✔	97
20/02	0.4700	BUY	-8.5%	❌	107
15/01	0.5500	SELL	-14.5%	✔	107
13/01	0.5650	BUY	-2.7%	❌	110
07/01	0.5450	SELL	+3.7%	❌	110
19/12	0.5400	BUY	+0.9%	✔	109
11/12	0.5200	SELL	+3.8%	❌	110
04/12	0.5200	BUY	0.0%	❌	110
27/11	0.5000	SHORT	+4.0%	❌	115
20/11	0.5325	BUY	-6.1%	❌	123
29/10	0.6950	SHORT	-23.4%	✔	100
23/10	0.7195	BUY	-3.4%	❌	104
17/10	0.7150	SELL	+0.6%	❌	104
10/10	0.6700	BUY	+6.7%	✔	98
03/10	0.6730	SELL	-0.4%	✔	98
26/09	0.6760	BUY	-0.4%	❌	99
23/09	0.6700	SHORT	+0.9%	❌	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 26/02/2026, 15 days ago, when the stock price was 0.4300. Since then, MVP.AX has fallen by -4.65%.

Market Outlook

Alarm bells are ringing for those holding short positions. We are on the brink of concluding the bearish phase in the market and recognizing the dominance of the bulls. The share price is above the confirmation level of the last bullish pattern, but the signal is still suggesting to STAY SHORT. The BUY signal requires a white body whose close is above the confirmation level and the chance of detecting such a white candlestick is high. The Delayed Intraday Module is ON. Considering the high risk and the advantage of prompt action, it's crucial to monitor the price movements on an intraday basis.

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. more...

Date	Price	Signal	Change%		AUD100⇨
26/02	0.4300	SHORT	-4.7%	✔	244
20/02	0.4700	BUY	-8.5%	❌	267
15/01	0.5500	SELL	-14.5%	✔	268
13/01	0.5650	BUY	-2.7%	❌	276
07/01	0.5450	SELL	+3.7%	❌	276
19/12	0.5400	BUY	+0.9%	✔	274
11/12	0.5200	SELL	+3.8%	❌	275
04/12	0.5200	BUY	0.0%	❌	275
27/11	0.5000	SHORT	+4.0%	❌	288
20/11	0.5325	BUY	-6.1%	❌	308
29/10	0.6950	SHORT	-23.4%	✔	251
23/10	0.7195	BUY	-3.4%	❌	261
17/10	0.7150	SELL	+0.6%	❌	261
10/10	0.6700	BUY	+6.7%	✔	245
03/10	0.6730	SELL	-0.4%	✔	246
26/09	0.6760	BUY	-0.4%	❌	247
23/09	0.6700	SHORT	+0.9%	❌	250
11/09	0.5900	BUY	+13.6%	✔ 👍	221
14/08	0.7200	SELL	-18.1%	✔	222
05/08	0.5800	BUY	+24.1%	✔ 👍	179
22/07	0.6300	SELL	-7.9%	✔	179
17/07	0.6000	BUY	+5.0%	✔	171
08/07	0.5890	SELL	+1.9%	❌	172
03/07	0.5600	BUY	+5.2%	✔	163
25/06	0.5600	SHORT	0.0%	❌	164
18/06	0.5550	BUY	+0.9%	✔	163
03/06	0.6340	SELL	-12.5%	✔	164
29/05	0.6500	BUY	-2.5%	❌	168
26/05	0.6000	SELL	+8.3%	❌	168
16/05	0.5950	BUY	+0.8%	✔	167
13/05	0.6150	SELL	-3.3%	✔	168
28/04	0.4590	BUY	+34.0%	✔ 👍	125
16/04	0.4725	SHORT	-2.9%	✔	122
11/04	0.4800	BUY	-1.6%	❌	125
18/03	0.6250	SHORT	-23.2%	✔	102
14/03	0.6500	BUY	-3.8%	❌	106
10/03	0.6140	SHORT	+5.9%	❌	113
06/03	0.6335	BUY	-3.1%	❌	117
18/02	0.8570	SELL	-26.1%	✔	118
14/02	0.8900	BUY	-3.7%	❌	122