XMM (ASX)

XMM ASX

S&P/ASX 300 METALS AND MINING

SELL

Close

5354

Prev.Close

5415

Change

-61.0000

Change%

-1.13%

BEARISH HARAMI

Sold at

5365.34

Open

5415

High

5415

Low

5350

Close

5354

Gain%

-0.21%

Signal History

Date	Price	Signal	Change%		AUD100⇨
07/07	5365	SELL	-0.2%		110
03/07	5319	BUY	+0.9%	✔	109
01/07	5218	SHORT	+1.9%	❌	112
27/06	5207	BUY	+0.2%	✔	112
13/06	5434	SHORT	-4.2%	✔	108
04/06	5440	BUY	-0.1%	❌	109
28/05	5451	SELL	-0.2%	✔	109
22/05	5475	BUY	-0.4%	❌	109
19/05	5399	SELL	+1.4%	❌	110
06/05	5344	BUY	+1.0%	✔	109
01/05	5303	SELL	+0.8%	❌	109
10/04	4967	BUY	+6.8%	✔	102
02/04	5322	SELL	-6.7%	✔	102
26/03	5434	BUY	-2.1%	❌	105
19/03	5442	SHORT	-0.2%	✔	105
17/03	5358	BUY	+1.6%	✔	104
17/02	5608	SELL	-4.5%	✔	104
13/02	5555	BUY	+0.9%	✔	103
10/02	5524	SELL	+0.6%	❌	104
31/01	5443	BUY	+1.5%	✔	102
23/01	5453	SELL	-0.2%	✔	102
10/01	5303	BUY	+2.8%	✔	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 HARAMI pattern has finally received confirmation because the values crossed below the confirmation level at 5386, and our valid average selling value now stands at 5365. The previous BUY signal was issued on 03/07/2025, 4 days ago, when the index value was 5319. Since then, XMM has risen by +0.87%.

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 comprises a large white candlestick followed by a smaller black candlestick that is entirely contained within the range of the previous white candlestick. The pattern resembles a pregnant woman when outlined, hence the name. "Harami" is a Japanese term that means "pregnant." In this context, the larger white candlestick is referred to as the "mother," while the smaller black candlestick is the "baby." more...

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