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ASX
Index
fx
MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are slightly stronger but the flow of money is rather balanced. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
NAN.AX
LIC.AX
TTT.AX
OPT.AX
SNG.AX
SXE.AX
VEE.AX
ILU.AX
NAN.AX
Nanosonics (AUSTRALIAN) [Overbought]
NAN.AX
(AUSTRALIAN) [Overbought]
The chart above shows how
NAN.AX
displayed a rally after the
BUY
signal which was issued on 23/12/2024. Since then, the gain in this stock stretched to a whopping 22%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a
SELL
signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
24/01/2025
LIC.AX
Lifestyle Communities Ltd
Last Signal
SELL
Sell Level
9.6100
Sold at
9.5100
Close
9.4600
Gain%
-0.53
Sold on
24/01/2025
NAN.AX
Nanosonics
Last Signal
SELL
Sell Level
3.7500
Sold at
3.6800
Close
3.6600
Gain%
-0.54
Bought on
24/01/2025
SNG.AX
Siren Gold
Last Signal
BUY
Buy Level
0.0510
Bought at
0.0550
Close
0.0550
Bought on
24/01/2025
SXE.AX
Southern Cross Electrical Engineering
Last Signal
BUY
Buy Level
1.4200
Bought at
1.4550
Close
1.4550
Sold on
23/01/2025
3DP.AX
Pointerra
Last Signal
STAY IN CASH
Buy Level
0.0950
Sold at
0.0860
Close
0.0950
Loss%
10.47
Bought on
23/01/2025
CVN.AX
Carnarvon Energy
Last Signal
STAY LONG
Sell Level
0.1250
Bought at
0.1300
Close
0.1250
Loss%
-3.85
Sold on
23/01/2025
GOR.AX
Gold Road Resources
Last Signal
STAY IN CASH
Sold at
2.4700
Close
2.4700
Bought on
23/01/2025
IIND.AX
Betashares India Quality ETF
Last Signal
STAY LONG
Sell Level
11.58
Bought at
11.66
Close
11.58
Loss%
-0.69
Sold on
22/01/2025
CVV.AX
Caravel Minerals
Last Signal
BUY
Buy Level
0.2000
Sold at
0.1980
Close
0.2100
Loss%
6.06
Bought on
22/01/2025
DXN.AX
Dxn
Last Signal
STAY LONG
Bought at
0.0570
Close
0.0550
Loss%
-3.51
Sold on
21/01/2025
CYC.AX
Cyclopharm
Last Signal
BUY
Buy Level
2.1700
Sold at
2.1200
Close
2.3600
Loss%
11.32
Sold on
21/01/2025
LTM.AX
Arcadium Lithium CDI
Last Signal
STAY IN CASH
Sold at
9.1200
Close
9.0600
Gain%
-0.66
Bought on
21/01/2025
MYR.AX
Myer Holdings
Last Signal
STAY LONG
Sell Level
0.9725
Bought at
0.8533
Close
0.9850
Gain%
15.43
Bought on
21/01/2025
NVU.AX
Nanoveu
Last Signal
STAY LONG
Bought at
0.0300
Close
0.0300
Bought on
20/01/2025
JBY.AX
James Bay Minerals
Last Signal
SELL
Sell Level
0.5700
Bought at
0.5200
Close
0.5600
Gain%
7.69
Sold on
20/01/2025
SHG.AX
Singular Health Group
Last Signal
STAY IN CASH
Sold at
0.2645
Close
0.2450
Gain%
-7.37
Sold on
20/01/2025
SKS.AX
SKS Technologies Group
Last Signal
STAY IN CASH
Buy Level
2.2200
Sold at
2.2000
Close
2.1500
Gain%
-2.27
Bought on
17/01/2025
29M.AX
29Metals
Last Signal
STAY LONG
Sell Level
0.2200
Bought at
0.2195
Close
0.2200
Gain%
0.23
Sold on
17/01/2025
BML.AX
Boab Metals
Last Signal
STAY IN CASH
Buy Level
0.1650
Sold at
0.1730
Close
0.1650
Gain%
-4.62
Sold on
16/01/2025
ETM.AX
Energy Transition Minerals
Last Signal
STAY SHORT
Sold at
0.0960
Close
0.0680
Gain%
-29.17
Bought on
16/01/2025
LTP.AX
LTR Pharma
Last Signal
STAY LONG
Sell Level
0.6775
Bought at
0.7120
Close
0.8350
Gain%
17.28
Sold on
15/01/2025
BOT.AX
Botanix Pharmaceuticals
Last Signal
STAY SHORT
Buy Level
0.4550
Sold at
0.4700
Close
0.4550
Gain%
-3.19
Bought on
15/01/2025
DTL.AX
Data#3
Last Signal
STAY LONG
Sell Level
6.6350
Bought at
6.4000
Close
6.8500
Gain%
7.03
Sold on
15/01/2025
QPM.AX
Qpm Energy
Last Signal
BUY
Buy Level
0.0690
Sold at
0.0670
Close
0.0710
Loss%
5.97
Bought on
15/01/2025
SVL.AX
Silver Mines
Last Signal
STAY LONG
Sell Level
0.0730
Bought at
0.0730
Close
0.0730
Sold on
14/01/2025
OBL.AX
Omni Bridgeway
Last Signal
STAY IN CASH
Buy Level
1.3800
Sold at
1.5160
Close
1.3800
Gain%
-8.97
Bought on
13/01/2025
GL1.AX
Global Lithium Resources
Last Signal
STAY LONG
Sell Level
0.1800
Bought at
0.1745
Close
0.2050
Gain%
17.48
Sold on
13/01/2025
SIG.AX
Sigma Healthcare
Last Signal
STAY IN CASH
Buy Level
2.7000
Sold at
2.9550
Close
2.7000
Gain%
-8.63
Sold on
10/01/2025
SPR.AX
Spartan Resources
Last Signal
STAY IN CASH
Buy Level
1.4575
Sold at
1.5900
Close
1.4450
Gain%
-9.12
Sold on
09/01/2025
APX.AX
Appen
Last Signal
STAY IN CASH
Buy Level
2.4650
Sold at
2.9900
Close
2.4500
Gain%
-18.06
Bought on
08/01/2025
HFR.AX
Highfield Resources
Last Signal
STAY LONG
Sell Level
0.2700
Bought at
0.2420
Close
0.2550
Gain%
5.37
Sold on
07/01/2025
PRN.AX
Perenti
Last Signal
STAY IN CASH
Buy Level
1.3450
Sold at
1.3890
Close
1.3400
Gain%
-3.53
Sold on
06/01/2025
MSB.AX
Mesoblast
Last Signal
BUY
Buy Level
2.8250
Sold at
3.1400
Close
2.8700
Gain%
-8.60
Bought on
02/01/2025
LIN.AX
Lindian Resources
Last Signal
STAY LONG
Sell Level
0.1000
Bought at
0.0820
Close
0.1000
Gain%
21.95
Bought on
02/01/2025
WA8.AX
Warriedar Resources
Last Signal
STAY LONG
Sell Level
0.0450
Bought at
0.0460
Close
0.0480
Gain%
4.35
Sold on
17/12/2024
YOJ.AX
Yojee
Last Signal
BUY
Buy Level
0.1300
Sold at
0.1265
Close
0.1350
Loss%
6.72
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