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ASX
Index
fx
MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are very strong and the money is flowing in one direction only, out of the market. You also have to know that the money invested in the shares is getting more and more impatient for an exit!
OVERBOUGHT/OVERSOLD STOCKS
EOL.AX
DGL.AX
MSB.AX
AXE.AX
EL8.AX
IPG.AX
CXO.AX
14D.AX
EOL.AX
Energy One (AUSTRALIAN) [Overbought]
EOL.AX
(AUSTRALIAN) [Overbought]
The chart above shows how
EOL.AX
displayed a rally after the
BUY
signal which was issued on 05/12/2024. Since then, the gain in this stock stretched to a whopping 19%. 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
20/12/2024
DGL.AX
DGL Group
Last Signal
SELL
Sell Level
0.6325
Sold at
0.6200
Close
0.6050
Gain%
-2.42
Bought on
20/12/2024
EL8.AX
Elevate Uranium
Last Signal
BUY
Buy Level
0.2650
Bought at
0.2670
Close
0.2700
Gain%
1.12
Sold on
20/12/2024
EOL.AX
Energy One
Last Signal
SELL
Sell Level
6.5200
Sold at
6.4500
Close
6.4500
Bought on
20/12/2024
IPG.AX
Ipd Group
Last Signal
BUY
Buy Level
3.8200
Bought at
3.8600
Close
3.8600
Bought on
19/12/2024
BAS.AX
Bass Oil
Last Signal
STAY LONG
Sell Level
0.0525
Bought at
0.0570
Close
0.0570
Bought on
19/12/2024
BRX.AX
Belararox
Last Signal
STAY LONG
Bought at
0.1670
Close
0.1550
Loss%
-7.19
Sold on
19/12/2024
GAME.AX
Betashares Video Games And Esports ETF
Last Signal
STAY IN CASH
Sold at
14.56
Close
14.32
Gain%
-1.65
Sold on
19/12/2024
RZI.AX
RAIZ Invest
Last Signal
STAY IN CASH
Sold at
0.5600
Close
0.5625
Loss%
0.45
Bought on
18/12/2024
EOS.AX
Electro Optic Systems Holdings
Last Signal
STAY LONG
Sell Level
1.0650
Bought at
1.1000
Close
1.0650
Loss%
-3.18
Sold on
18/12/2024
SNT.AX
Syntara
Last Signal
STAY IN CASH
Buy Level
0.0655
Sold at
0.0680
Close
0.0600
Gain%
-11.76
Bought on
18/12/2024
SXE.AX
Southern Cross Electrical Engineering
Last Signal
STAY LONG
Sell Level
1.5200
Bought at
1.4900
Close
1.5200
Gain%
2.01
Sold on
18/12/2024
SXG.AX
Southern Cross Gold
Last Signal
STAY IN CASH
Sold at
3.8850
Close
3.4500
Gain%
-11.20
Sold on
17/12/2024
ACE.AX
Acusensus
Last Signal
STAY IN CASH
Buy Level
1.1250
Sold at
1.1420
Close
1.1200
Gain%
-1.93
Bought on
17/12/2024
CKA.AX
Cokal
Last Signal
SHORT
Sell Level
0.0620
Bought at
0.0615
Close
0.0590
Loss%
-4.07
Sold on
17/12/2024
YOJ.AX
Yojee
Last Signal
STAY SHORT
Buy Level
0.1450
Sold at
0.1265
Close
0.1425
Loss%
12.65
Sold on
16/12/2024
PPS.AX
Praemium
Last Signal
STAY IN CASH
Buy Level
0.7750
Sold at
0.7750
Close
0.7250
Gain%
-6.45
Bought on
16/12/2024
REP.AX
RAM Essential Services Property Fund
Last Signal
STAY LONG
Sell Level
0.5900
Bought at
0.5900
Close
0.5900
Bought on
13/12/2024
COF.AX
Centuria Office REIT
Last Signal
SHORT
Sell Level
1.1300
Bought at
1.1200
Close
1.1050
Loss%
-1.34
Sold on
13/12/2024
ESPO.AX
VanEck Video Gaming and Esports AUD ETF
Last Signal
STAY IN CASH
Buy Level
16.90
Sold at
16.78
Close
16.55
Gain%
-1.37
Bought on
12/12/2024
JAT.AX
Jatcorp
Last Signal
STAY LONG
Sell Level
0.3650
Bought at
0.3650
Close
0.3900
Gain%
6.85
Sold on
12/12/2024
PTR.AX
PetraTherm
Last Signal
STAY IN CASH
Buy Level
0.3200
Sold at
0.3000
Close
0.2650
Gain%
-11.67
Sold on
11/12/2024
SLC.AX
Superloop
Last Signal
STAY SHORT
Buy Level
2.1600
Sold at
2.2300
Close
2.1100
Gain%
-5.38
Sold on
09/12/2024
MYR.AX
Myer Holdings
Last Signal
STAY IN CASH
Buy Level
1.2350
Sold at
1.2000
Close
1.1950
Gain%
-0.42
Bought on
06/12/2024
FEG.AX
Far East Gold
Last Signal
SELL
Sell Level
0.1850
Bought at
0.1595
Close
0.1750
Gain%
9.72
Sold on
06/12/2024
GTK.AX
Gentrack Group
Last Signal
STAY IN CASH
Buy Level
11.56
Sold at
12.71
Close
11.56
Gain%
-9.05
Sold on
05/12/2024
SIG.AX
Sigma Healthcare
Last Signal
STAY IN CASH
Buy Level
2.6100
Sold at
2.8700
Close
2.6000
Gain%
-9.41
Bought on
04/12/2024
ATG.AX
Articore Group
Last Signal
SELL
Sell Level
0.2925
Bought at
0.2780
Close
0.2700
Loss%
-2.88
Sold on
04/12/2024
DEG.AX
De Grey Mining
Last Signal
STAY IN CASH
Sold at
1.8950
Close
1.7400
Gain%
-8.18
Sold on
04/12/2024
HMC.AX
HMC Capital Ltd
Last Signal
STAY IN CASH
Buy Level
10.44
Sold at
12.19
Close
9.9400
Gain%
-18.46
Sold on
03/12/2024
CTD.AX
Corporate Travel Management
Last Signal
STAY IN CASH
Buy Level
13.12
Sold at
14.23
Close
12.98
Gain%
-8.78
Sold on
03/12/2024
SGI.AX
Stealth Group Holdings
Last Signal
STAY IN CASH
Buy Level
0.4700
Sold at
0.4650
Close
0.4300
Gain%
-7.53
Bought on
22/11/2024
EGL.AX
Environmental Group (The)
Last Signal
STAY LONG
Sell Level
0.2750
Bought at
0.2750
Close
0.3150
Gain%
14.55
Bought on
29/10/2024
ADA.AX
Adacel Technologies
Last Signal
STAY LONG
Sell Level
0.4350
Bought at
0.3200
Close
0.4600
Gain%
43.75
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