XBN (ASX)

XBN ASX

S&P/ASX 200 BANKS (NTR)

SELL

14932

Prev.Close

15000

Change

-68.0000

Change%

-0.45%

BEARISH DELIBERATION BL...

Sold at

14946.1

Open

15000

High

15000

Low

14909

14932

Gain%

-0.10%

Signal History

Date	Price	Signal	Change%		AUD100⇨
06/06	14946	SELL	-0.1%		124
09/05	13945	BUY	+7.2%	✔	116
06/05	13957	SELL	-0.1%	✔	116
10/04	12750	BUY	+9.5%	✔	106
04/04	13261	SELL	-3.9%	✔	106
21/03	12773	BUY	+3.8%	✔	102
10/03	12869	SHORT	-0.7%	✔	102
27/02	13471	BUY	-4.5%	❌	107
18/02	14263	SELL	-5.6%	✔	107
16/01	13387	BUY	+6.5%	✔	101
10/01	13718	SELL	-2.4%	✔	101
03/01	13477	BUY	+1.8%	✔	100
31/12	13458	SHORT	+0.1%	❌	100
24/12	13472	BUY	-0.1%	❌	101
19/12	13715	SHORT	-1.8%	✔	99
17/12	13715	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 14992, and our valid average selling value now stands at 14946. The previous BUY signal was issued on 09/05/2025, 28 days ago, when the index value was 13945. Since then, XBN has risen by +7.18%.

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	14946	SELL	-0.1%		227
09/05	13945	BUY	+7.2%	✔	212
06/05	13957	SELL	-0.1%	✔	212
10/04	12750	BUY	+9.5%	✔	194
04/04	13261	SELL	-3.9%	✔	195
21/03	12773	BUY	+3.8%	✔	188
10/03	12869	SHORT	-0.7%	✔	187
27/02	13471	BUY	-4.5%	❌	197
18/02	14263	SELL	-5.6%	✔	197
16/01	13387	BUY	+6.5%	✔	186
10/01	13718	SELL	-2.4%	✔	186
03/01	13477	BUY	+1.8%	✔	183
31/12	13458	SHORT	+0.1%	❌	184
24/12	13472	BUY	-0.1%	❌	185
19/12	13715	SHORT	-1.8%	✔	183
17/12	13715	BUY	0.0%	✔	183
04/12	13950	SELL	-1.7%	✔	184
28/11	14019	BUY	-0.5%	❌	185
26/11	13882	SELL	+1.0%	❌	185
04/11	13152	BUY	+5.6%	✔	176
22/10	13115	SELL	+0.3%	❌	176
08/10	12484	BUY	+5.1%	✔	168
24/09	13223	SHORT	-5.6%	✔	160
16/09	13124	BUY	+0.8%	✔	159
11/09	13000	SELL	+0.9%	❌	160
28/08	12576	BUY	+3.4%	✔	155
21/08	12439	SELL	+1.1%	❌	155
09/08	11680	BUY	+6.5%	✔	146
02/08	12072	SHORT	-3.2%	✔	142
23/07	12040	BUY	+0.3%	✔	142
19/07	12023	SELL	+0.1%	❌	142
10/07	11747	BUY	+2.3%	✔	139
08/07	11534	SELL	+1.8%	❌	140
04/07	11619	BUY	-0.7%	❌	141
27/06	11576	SELL	+0.4%	❌	141
31/05	10988	BUY	+5.4%	✔	134
29/05	11003	SHORT	-0.1%	✔	135
20/05	11241	BUY	-2.1%	❌	138
15/05	11029	SELL	+1.9%	❌	138
13/05	11082	BUY	-0.5%	❌	139