XBK (ASX)

XBK ASX

S&P/ASX 200 BANKS

SELL

3950

Prev.Close

3968

Change

-18.0000

Change%

-0.45%

BEARISH DELIBERATION BL...

Sold at

3953.78

Open

3968

High

3968

Low

3944

3950

Gain%

-0.10%

Signal History

Date	Price	Signal	Change%		AUD100⇨
06/06	3954	SELL	-0.1%		129
14/05	3709	BUY	+6.6%	✔	121
06/05	3739	SELL	-0.8%	✔	122
10/04	3416	BUY	+9.4%	✔	111
04/04	3553	SELL	-3.9%	✔	111
21/03	3422	BUY	+3.8%	✔	108
07/03	3535	SHORT	-3.2%	✔	105
27/02	3609	BUY	-2.0%	❌	107
18/02	3847	SELL	-6.2%	✔	108
16/01	3611	BUY	+6.5%	✔	101
10/01	3700	SELL	-2.4%	✔	101
03/01	3635	BUY	+1.8%	✔	100
31/12	3630	SHORT	+0.1%	❌	100
24/12	3633	BUY	-0.1%	❌	101
19/12	3699	SHORT	-1.8%	✔	99
17/12	3699	BUY	0.0%	✔	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 DELIBERATION BLOCK pattern has finally received confirmation because the values crossed below the confirmation level at 3966, and our valid average selling value now stands at 3954. The previous BUY signal was issued on 14/05/2025, 23 days ago, when the index value was 3709. Since then, XBK has risen by +6.61%.

Market Outlook

We may be at a market top or at the beginning of a correction. 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 consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...

Date	Price	Signal	Change%		AUD100⇨
06/06	3954	SELL	-0.1%		216
14/05	3709	BUY	+6.6%	✔	203
06/05	3739	SELL	-0.8%	✔	204
10/04	3416	BUY	+9.4%	✔	187
04/04	3553	SELL	-3.9%	✔	187
21/03	3422	BUY	+3.8%	✔	180
07/03	3535	SHORT	-3.2%	✔	176
27/02	3609	BUY	-2.0%	❌	180
18/02	3847	SELL	-6.2%	✔	180
16/01	3611	BUY	+6.5%	✔	170
10/01	3700	SELL	-2.4%	✔	170
03/01	3635	BUY	+1.8%	✔	167
31/12	3630	SHORT	+0.1%	❌	168
24/12	3633	BUY	-0.1%	❌	169
19/12	3699	SHORT	-1.8%	✔	167
17/12	3699	BUY	0.0%	✔	167
04/12	3762	SELL	-1.7%	✔	168
28/11	3781	BUY	-0.5%	❌	169
26/11	3744	SELL	+1.0%	❌	169
04/11	3593	BUY	+4.2%	✔	163
22/10	3583	SELL	+0.3%	❌	163
08/10	3411	BUY	+5.1%	✔	155
24/09	3613	SHORT	-5.6%	✔	148
16/09	3586	BUY	+0.8%	✔	147
11/09	3552	SELL	+0.9%	❌	148
29/08	3466	BUY	+2.5%	✔	144
21/08	3424	SELL	+1.2%	❌	145
09/08	3216	BUY	+6.5%	✔	136
02/08	3324	SHORT	-3.2%	✔	132
23/07	3315	BUY	+0.3%	✔	133
19/07	3311	SELL	+0.1%	❌	133
10/07	3235	BUY	+2.3%	✔	130
08/07	3176	SELL	+1.8%	❌	130
04/07	3200	BUY	-0.7%	❌	132
27/06	3188	SELL	+0.4%	❌	132
03/06	3052	BUY	+4.5%	✔	126
30/05	3014	SELL	+1.3%	❌	127
28/05	3078	BUY	-2.1%	❌	130
24/05	3057	SHORT	+0.7%	❌	131
16/05	3069	BUY	-0.4%	❌	132