QAN.AX (ASX)

QAN.AX ASX

Qantas Airways

SELL

8.7400

Prev.Close

8.9000

Change

-0.1600

Change%

-1.80%

BEARISH DESCENDING HAWK

Sold at

8.8000

Open

8.8400

High

8.9000

Low

8.6600

8.7400

Gain%

-0.68%

Signal History

Date	Price	Signal	Change%		AUD100⇨
11/05	8.8000	SELL	-0.7%		102
06/05	8.5200	BUY	+3.3%	✔	99
22/04	8.8850	SELL	-4.1%	✔	100
09/04	9.0600	BUY	-1.9%	❌	102
07/04	8.5100	SELL	+6.5%	❌	102
01/04	8.5800	BUY	-0.8%	❌	103
24/02	10.4200	SELL	-17.7%	✔	103
04/02	10.2500	BUY	+1.7%	✔	102
23/01	10.3900	SELL	-1.3%	✔	102
16/01	10.3000	BUY	+0.9%	✔	101
12/01	10.2600	SELL	+0.4%	❌	102
04/12	9.7400	BUY	+5.3%	✔	97
02/12	9.8650	SELL	-1.3%	✔	97
27/11	9.8800	BUY	-0.2%	❌	97
14/11	9.7200	SHORT	+1.6%	❌	99
11/11	9.7500	BUY	-0.3%	❌	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 SELL. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 8.8600, and our valid average selling price now stands at 8.8000. The previous BUY signal was issued on 06/05/2026, 5 days ago, when the stock price was 8.5200. Since then, QAN.AX has risen by +3.29%.

Market Outlook

The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		AUD100⇨
11/05	8.8000	SELL	-0.7%		144
06/05	8.5200	BUY	+3.3%	✔	140
22/04	8.8850	SELL	-4.1%	✔	140
09/04	9.0600	BUY	-1.9%	❌	143
07/04	8.5100	SELL	+6.5%	❌	143
01/04	8.5800	BUY	-0.8%	❌	145
24/02	10.4200	SELL	-17.7%	✔	145
04/02	10.2500	BUY	+1.7%	✔	143
23/01	10.3900	SELL	-1.3%	✔	143
16/01	10.3000	BUY	+0.9%	✔	142
12/01	10.2600	SELL	+0.4%	❌	142
04/12	9.7400	BUY	+5.3%	✔	136
02/12	9.8650	SELL	-1.3%	✔	136
27/11	9.8800	BUY	-0.2%	❌	136
14/11	9.7200	SHORT	+1.6%	❌	139
11/11	9.7500	BUY	-0.3%	❌	140
29/10	10.6300	SHORT	-8.3%	✔	130
27/10	10.7900	BUY	-1.5%	❌	132
17/10	10.7600	SHORT	+0.3%	❌	133
26/09	11.0000	BUY	-2.2%	❌	137
16/09	11.1600	SHORT	-1.4%	✔	135
08/09	11.7264	BUY	-4.8%	❌	143
01/09	11.5878	SELL	+1.2%	❌	143
28/08	11.6140	BUY	-0.2%	❌	144
22/08	11.2270	SELL	+3.4%	❌	144
13/08	11.1078	BUY	+1.1%	✔	143
21/07	10.8573	SELL	+2.3%	❌	143
16/07	10.8597	BUY	0.0%	❌	143
02/07	10.4278	SHORT	+4.1%	❌	150
20/06	10.1126	BUY	+3.1%	✔	146
05/06	10.3090	SELL	-1.9%	✔	147
30/04	8.7176	BUY	+18.3%	✔ 👍	124
02/04	8.8254	SHORT	-1.2%	✔	123
24/03	9.0565	BUY	-2.6%	❌	127
19/03	8.8419	SHORT	+2.4%	❌	131
25/02	8.9286	BUY	-1.0%	❌	132
13/02	9.1647	SHORT	-2.6%	✔	130
06/02	9.3591	BUY	-2.1%	❌	133
30/01	9.2131	SELL	+1.6%	❌	133
24/01	9.2818	BUY	-0.7%	❌	134