Liontown Shares Edge Towards Low, As Update Comes Up Short
Liontown shares (ASX: LTR) fell almost 5% yesterday, as the quarterly update revealed a sharp drop in spodumene output, rising unit costs, and softer revenue. None of these are good news, and particularly so for a stock that is already 56% down on the year. The Liontown share price rounded out the day at A$0.67,…
Commonwealth Bank Shares Return Positive YTD, Up 10% on Month
Commonwealth Bank of Australia shares (ASX:CBA) are on course to round out the third double digit month of gains this year, yet a 3.27% YTD gain so far tells some of the other half of the story. The CBA share price sits at A$166.39 into the final session of the month, up 10.18% as markets…
Wesfarmers Shares Enter Technical Bear Market as Update Fails To Shift Sentiment
Wesfarmers shares (ASX: WES) have moved into a technical bear market this week, after a cautious AGM trading update laid bare the toll that rising interest rates and persistent inflation are taking on Australian retail demand. The Wesfarmers share price closed down 4.04% at A$74.02 on Thursday, extending a bruising week that has now seen…
BHP Shares Set for Red October as Momentum Battle Continues
BHP shares (ASX:BHP) are on course to close in the red for the second consecutive month, as a battle for momentum shapes up at a critical technical level. The BHP share price sits 5.43% down through October, compounding September’s losses to produce a pullback of 13% over the two-month stretch. What’s more, the stock has…
WiseTech Global Shares Add 25% on Month, Reclaim Key Level
WiseTech Global shares (ASX: WTC) have just broken above the 200-day moving average for the first time in nine months, capping off an impressive 25% monthly gain with a potentially momentum shifting move. The WiseTech share price sits at A$40.59 heading into the final trading session of October, having cleared the closely watched 200-day SMA…
Pro Medicus Shares Up 20% on Month, Testing Resistance
Pro Medicus shares (ASX: PME) are close to rounding out the second best month of the year, up 20.24% heading into the final session of October. This has brought the share price to a hotly contested level at A$200, that has seen the rally pause this last week. After spending much of the first half…
Elsight Shares Hit New Low, In Year Of Two Halves: The Latest
Elsight shares (ASX:ELS) have taken holders on something of a rollercoaster ride this year, with today’s 18.44% drop to A$2.30 only telling a small part of the story. Whilst this makes a new low close of the year, it could have been far worse, with the intraday low of A$2.01 just before the final hour…
Iperionx Shares Add 37% This Week, As Momentum Test Looms
Iperionx shares (ASX:IPX) are having a mighty week, with today’s 16.67% jump extending the bounce to 37.64%, with one session remaining. Whilst momentum may be shifting on the week, the month remains negative (-2.39%), and the YTD decline of 57.7% paints a clear picture of the pressure that bulls have endured so far this year….
Champion Iron Shares The Most Oversold on The ASX, At Lowest Level In Years
Champion Iron shares (ASX:CIA) were hit hard today, finding nothing in the latest financials than further pain for holders, who now sit with losses of 69.5% YTD. Whilst the stock opened slightly higher on the day at A$2.29, that was the best of a session that ended with CIA sat as the worst performer on…
Mesoblast Shares Today’s ASX 200 Leader, Cutting 2026 Losses In Half
Mesoblast shares (ASX:MSB) flipped the script on momentum today, adding 23.4% to sit atop the ASX 200 leaderboard, reclaiming a few important trend lines along the way. This was a move that came on heavy volume of 2.6 times average, as 13.59million shares changed hands on the day. Driving the move was a quarterly activity…
