MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we cannot say that the bulls 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 stronger and more money is flowing into the market. You also have to know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how VUL.AX displayed a rally after the BUY signal which was issued on 06/11/2024. Since then, the gain in this stock stretched to a whopping 24%. 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
Bought on
20/11/2024
 
CPV.AX
 
Last Signal
BUY
2108
Buy Level
0.2400
Bought at
0.2420
Close
0.2450
Gain%
1.24
Bought on
20/11/2024
 
MCE.AX
 
Last Signal
BUY
2102
Buy Level
0.2400
Bought at
0.2420
Close
0.2550
Gain%
5.37
Sold on
20/11/2024
 
QAN.AX
 
Last Signal
SELL
3209
Sell Level
8.9350
Sold at
8.8950
Close
8.8200
Gain%
-0.84
Sold on
20/11/2024
 
VUL.AX
 
Last Signal
SELL
2202
Sell Level
6.2500
Sold at
6.2200
Close
6.2200
 
 
Bought on
19/11/2024
 
EEG.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.1925
Bought at
0.1920
Close
0.2000
Gain%
4.17
Sold on
19/11/2024
 
EOL.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
5.9200
Sold at
5.8750
Close
5.9200
Loss%
0.77
Sold on
19/11/2024
 
SKS.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
1.8800
Close
1.7300
Gain%
-7.98
Sold on
18/11/2024
 
APX.AX
 
Appen
 
Last Signal
STAY IN CASH
2108
Buy Level
2.6350
Sold at
2.6600
Close
2.2400
Gain%
-15.79
Sold on
18/11/2024
 
CUP.AX
 
Count
 
Last Signal
BUY
2103
Buy Level
0.8325
Sold at
0.8340
Close
0.8450
Loss%
1.32
Bought on
18/11/2024
 
ITM.AX
 
Last Signal
STAY LONG
2202
Sell Level
0.0670
Bought at
0.0675
Close
0.0670
Loss%
-0.74
Bought on
18/11/2024
 
SXE.AX
 
Last Signal
STAY LONG
3209
Sell Level
1.6350
Bought at
1.5160
Close
1.6550
Gain%
9.17
Bought on
15/11/2024
 
IMB.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.5000
Bought at
0.5200
Close
0.5000
Loss%
-3.85
Bought on
13/11/2024
 
DRO.AX
 
Last Signal
SHORT
70000
Sell Level
0.7800
Bought at
0.8100
Close
0.7550
Loss%
-6.79
Bought on
13/11/2024
 
KLI.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0640
Bought at
0.0640
Close
0.0660
Gain%
3.13
Sold on
13/11/2024
 
PBH.AX
 
Last Signal
STAY IN CASH
2105
Buy Level
0.9800
Sold at
0.9285
Close
0.9800
Loss%
5.55
Sold on
12/11/2024
 
TTT.AX
 
Titomic
 
Last Signal
STAY IN CASH
2110
Buy Level
0.2100
Sold at
0.2430
Close
0.2100
Gain%
-13.58
Bought on
08/11/2024
 
CXL.AX
 
Calix
 
Last Signal
SHORT
2203
Sell Level
0.8325
Bought at
0.8410
Close
0.8050
Loss%
-4.28
Bought on
05/11/2024
 
QHL.AX
 
Last Signal
SELL
2201
Sell Level
0.4000
Bought at
0.2220
Close
0.3950
Gain%
77.93
Sold on
01/11/2024
 
RSG.AX
 
Last Signal
STAY IN CASH
2111
Buy Level
0.4200
Sold at
0.7950
Close
0.4300
Gain%
-45.91
Bought on
29/10/2024
 
ADA.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.3700
Bought at
0.3200
Close
0.3750
Gain%
17.19
Sold on
28/10/2024
 
WGX.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
2.7400
Sold at
3.2300
Close
2.7800
Gain%
-13.93
Bought on
23/10/2024
 
NTI.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0530
Bought at
0.0510
Close
0.0660
Gain%
29.41
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