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ASX
Index
fx
MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS➡️⚖️, with the bulls slightly ahead. The bears, however, remain in play. Signs of bearish unrest are emerging, hinting that a switch to long positions could be imminent. Market activity shows little enthusiasm for confirming bearish patterns today.
Money Flow:
The bulls hold a narrow advantage, with a fairly balanced flow of funds. Those holding funds on the sidelines are concerned—they don’t want to miss the bulls’ rally.
OVERBOUGHT/OVERSOLD STOCKS
RAC.AX
BGD.AX
VTM.AX
AMN.AX
LM1.AX
SKC.AX
OMA.AX
RAC.AX
Race Oncology (AUSTRALIAN) [Overbought]
RAC.AX
(AUSTRALIAN) [Overbought]
The chart above shows how
RAC.AX
displayed a rally after the
BUY
signal was issued on 24/04/2025. Since then, the gain in this stock has stretched to a whopping 41%. However, we see 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 too 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 profits in order to prevent any future disappointment.
Watch Recommended Stocks
Sold on
20/05/2025
BGD.AX
Barton Gold Holidings
Last Signal
SELL
Sell Level
0.6850
Sold at
0.6780
Close
0.6700
Gain%
-1.18
Bought on
20/05/2025
LM1.AX
Leeuwin Metals
Last Signal
BUY
Buy Level
0.1425
Bought at
0.1435
Close
0.1650
Gain%
14.98
Sold on
20/05/2025
RAC.AX
Race Oncology
Last Signal
SELL
Sell Level
1.4100
Sold at
1.4000
Close
1.3700
Gain%
-2.14
Bought on
20/05/2025
SKC.AX
Sky City Entertainment Group
Last Signal
BUY
Buy Level
0.9250
Bought at
0.9290
Close
0.9450
Gain%
1.72
Bought on
19/05/2025
AVH.AX
Avita Medical CDI
Last Signal
STAY LONG
Bought at
2.0500
Close
2.1200
Gain%
3.41
Bought on
19/05/2025
BGL.AX
Bellevue Gold
Last Signal
STAY LONG
Sell Level
0.8500
Bought at
0.8800
Close
0.8500
Loss%
-3.41
Sold on
19/05/2025
LTR.AX
Liontown Resources
Last Signal
STAY IN CASH
Buy Level
0.7500
Sold at
0.7775
Close
0.7100
Gain%
-8.68
Sold on
19/05/2025
SYR.AX
Syrah Resources
Last Signal
STAY IN CASH
Buy Level
0.3800
Sold at
0.3910
Close
0.3650
Gain%
-6.65
Sold on
16/05/2025
AFG.AX
Australian Finance Group
Last Signal
BUY
Buy Level
1.9550
Sold at
1.9245
Close
2.1200
Loss%
10.16
Sold on
16/05/2025
BOE.AX
Boss Energy
Last Signal
STAY IN CASH
Sold at
3.8050
Close
3.5900
Gain%
-5.65
Bought on
16/05/2025
PIQ.AX
Proteomics International Laboratories
Last Signal
STAY LONG
Sell Level
0.3650
Bought at
0.3750
Close
0.3950
Gain%
5.33
Sold on
15/05/2025
OBL.AX
Omni Bridgeway
Last Signal
STAY IN CASH
Buy Level
1.7775
Sold at
1.8050
Close
1.7400
Gain%
-3.60
Sold on
15/05/2025
WTM.AX
Waratah Minerals
Last Signal
STAY IN CASH
Sold at
0.3500
Close
0.3100
Gain%
-11.43
Bought on
14/05/2025
AIM.AX
AI-Media Technologies
Last Signal
SHORT
Sell Level
0.6750
Bought at
0.6870
Close
0.6700
Loss%
-2.47
Sold on
14/05/2025
KCN.AX
Kingsgate Consolidated
Last Signal
STAY IN CASH
Buy Level
1.9400
Sold at
2.0100
Close
1.9200
Gain%
-4.48
Sold on
13/05/2025
WIA.AX
Wia Gold
Last Signal
STAY IN CASH
Buy Level
0.2000
Sold at
0.2100
Close
0.1950
Gain%
-7.14
Sold on
09/05/2025
FCL.AX
Fineos Corporation Holdings CDI
Last Signal
BUY
Buy Level
2.4200
Sold at
2.5900
Close
2.5000
Gain%
-3.47
Bought on
08/05/2025
CTT.AX
Cettire
Last Signal
SHORT
Sell Level
0.5050
Bought at
0.4500
Close
0.4950
Gain%
10.00
Sold on
08/05/2025
FHE.AX
Frontier Energy
Last Signal
BUY
Buy Level
0.2200
Sold at
0.2300
Close
0.2300
Sold on
08/05/2025
SGQ.AX
St George Mining
Last Signal
STAY IN CASH
Buy Level
0.0260
Sold at
0.0270
Close
0.0260
Gain%
-3.70
Bought on
05/05/2025
RCE.AX
Recce Pharmaceuticals
Last Signal
STAY LONG
Sell Level
0.2950
Bought at
0.2950
Close
0.2950
Sold on
02/05/2025
ZEO.AX
Zeotech
Last Signal
STAY IN CASH
Buy Level
0.0915
Sold at
0.0960
Close
0.0760
Gain%
-20.83
Sold on
23/04/2025
LYC.AX
Lynas Rare Earths
Last Signal
STAY IN CASH
Buy Level
7.6550
Sold at
8.6300
Close
7.6200
Gain%
-11.70
Bought on
17/04/2025
VNL.AX
Vinyl Group
Last Signal
STAY LONG
Sell Level
0.1250
Bought at
0.0980
Close
0.1300
Gain%
32.65
Sold on
08/04/2025
BBUS.AX
Betashares US Equities Strong Bear Cur H
Last Signal
STAY IN CASH
Buy Level
3.9300
Sold at
6.1200
Close
3.8700
Gain%
-36.76
Sold on
08/04/2025
SNAS.AX
Global X Ultra Short Nasdaq 100 Complex ETF
Last Signal
STAY IN CASH
Buy Level
27.30
Sold at
35.00
Close
22.86
Gain%
-34.69
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