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ASX
Index
fx
BCI.AX
AUSTRALIAN
Bci Minerals
STAY SHORT
Close
0.2150
Prev.Close
0.2150
Change
0.0000
Change%
0.00%
BULLISH MATCHING LOW
Sold at
0.2250
Open
0.2175
High
0.2175
Low
0.2150
Close
0.2150
Gain%
-4.44%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
30/05
0.2250
SHORT
-4.4%
72
26/05
0.2300
BUY
-2.2%
74
08/05
0.2380
SELL
-3.4%
74
03/05
0.2370
BUY
+0.4%
74
18/04
0.2326
SHORT
+1.9%
76
06/04
0.2470
BUY
-5.8%
81
27/03
0.2400
SHORT
+2.9%
83
23/03
0.2500
BUY
-4.0%
87
21/03
0.2430
SHORT
+2.9%
90
17/03
0.2470
BUY
-1.6%
92
06/03
0.2620
SHORT
-5.7%
87
01/03
0.2730
BUY
-4.0%
91
21/02
0.2720
SHORT
+0.4%
92
14/02
0.2800
BUY
-2.9%
95
09/02
0.2750
SHORT
+1.8%
97
06/02
0.2900
BUY
-5.2%
103
24/01
0.2800
SELL
+3.6%
103
16/01
0.2700
BUY
+3.7%
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
30/05
0.2250
SHORT
-4.4%
82
26/05
0.2300
BUY
-2.2%
85
08/05
0.2380
SELL
-3.4%
85
03/05
0.2370
BUY
+0.4%
85
18/04
0.2326
SHORT
+1.9%
87
06/04
0.2470
BUY
-5.8%
92
27/03
0.2400
SHORT
+2.9%
95
23/03
0.2500
BUY
-4.0%
100
21/03
0.2430
SHORT
+2.9%
103
17/03
0.2470
BUY
-1.6%
105
06/03
0.2620
SHORT
-5.7%
100
01/03
0.2730
BUY
-4.0%
105
21/02
0.2720
SHORT
+0.4%
105
14/02
0.2800
BUY
-2.9%
109
09/02
0.2750
SHORT
+1.8%
111
06/02
0.2900
BUY
-5.2%
118
24/01
0.2800
SELL
+3.6%
118
16/01
0.2700
BUY
+3.7%
114
07/12
0.2600
SELL
+3.8%
114
05/12
0.2580
BUY
+0.8%
114
24/11
0.2480
SELL
+4.0%
114
18/11
0.2600
BUY
-4.6%
120
09/11
0.2255
SELL
+15.3%
120
07/11
0.2220
BUY
+1.6%
118
26/10
0.2280
SELL
-2.6%
119
24/10
0.2320
BUY
-1.7%
121
10/10
0.2380
SELL
-2.5%
121
05/10
0.2270
BUY
+4.8%
116
19/09
0.2480
SELL
-8.5%
116
13/09
0.2550
BUY
-2.7%
120
01/09
0.2430
SHORT
+4.9%
126
25/08
0.2445
BUY
-0.6%
128
19/08
0.2450
SELL
-0.2%
128
16/08
0.2600
BUY
-5.8%
136
03/08
0.2430
SHORT
+7.0%
147
28/07
0.2345
BUY
+3.6%
142
30/06
0.2720
SHORT
-13.8%
125
27/06
0.2900
BUY
-6.2%
134
10/06
0.3660
SHORT
-20.8%
112
06/06
0.3800
BUY
-3.7%
116
30/05
0.3650
SHORT
+4.1%
122
16/05
0.3800
BUY
-3.9%
127
09/05
0.4110
SHORT
-7.5%
119
02/05
0.4200
BUY
-2.1%
122
21/04
0.4500
SELL
-6.7%
122
19/04
0.4590
BUY
-2.0%
125
07/04
0.4550
SELL
+0.9%
125
06/04
0.4750
BUY
-4.2%
131
30/03
0.4500
SELL
+5.6%
131
21/03
0.4000
BUY
+12.5%
117
10/03
0.3785
SELL
+5.7%
117
02/03
0.3765
BUY
+0.5%
117
24/02
0.3787
SHORT
-0.6%
117
18/02
0.4100
BUY
-7.6%
127
11/02
0.4160
SELL
-1.4%
127
04/02
0.3950
BUY
+5.3%
121
17/01
0.4200
SHORT
-6.0%
114
05/01
0.4400
BUY
-4.5%
120
29/11
0.4700
SHORT
-6.4%
114
25/11
0.4850
BUY
-3.1%
118
04/11
0.4900
SELL
-1.0%
118
15/10
0.4390
BUY
+11.6%
106
12/10
0.4150
SELL
+5.8%
106
23/09
0.3900
BUY
+6.4%
100
02/09
0.4650
SELL
-16.1%
100
31/08
0.4850
BUY
-4.1%
105
27/08
0.4550
SHORT
+6.6%
112
25/08
0.4650
BUY
-2.2%
115
17/08
0.5150
SHORT
-9.7%
106
11/08
0.5300
BUY
-2.8%
109
05/08
0.5350
SHORT
-0.9%
109
22/07
0.5500
BUY
-2.7%
112
20/07
0.5300
SELL
+3.8%
112
07/07
0.5600
BUY
-5.4%
119
05/07
0.5640
SHORT
-0.7%
118
01/07
0.5500
BUY
+2.5%
116
25/06
0.5600
SELL
-1.8%
116
09/06
0.4800
BUY
+16.7%
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to
STAY SHORT
. The previous
SHORT
signal was issued on 30/05/2023, 8 days ago, when the stock price was 0.2250. Since then
BCI.AX
has fallen by
-4.44%
.
Bear market rallies may be vicious reversals, giving hard times to those holding short positions; so, it is better to be on alert despite the relative comfort provided by the current bearish trend. There is a bullish pattern to be confirmed, but the share price is still not above its confirmation level and the signal is suggesting to
STAY SHORT
; however, the chance of a bullish confirmation that will change the signal to
BUY
is quite high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.
This pattern occurs when two black days appear with equal closes in a downtrend. Matching Low indicates a bottom has been made, even though the new low was tested and there was no follow through, which is indicative of a good support price.
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