MARKET WRAPS

Evening Wrap: ASX 200 jumps 90 points on softer CPI as markets price out rate hikes, CSL surges on update

The S&P/ASX 200 closed 90.8 points higher, up 1.02%.

Lead Writer and Presenter
Wed 29 July 2026, 17:43 AEST (1h ago)
12 min read

Mentioned

In this article

The ASX 200 surged to a 22-week high — its best close since before the Iran war began — after June quarter CPI came in below expectations at 3.8% p.a., all but eliminating the probability of an August RBA rate hike and triggering broad-based buying across all eleven sectors. Healthcare and consumer stocks were the standouts on a day when the macro tide lifted every boat.

Be sure to click/scroll through for the usual reporting of the major sector and stock-specific moves, the broker responses to them, as well as all the key economic data in tonight's Evening Wrap. Also, I have detailed technical analysis on the Nasdaq Composite and the S&P/ASX 200 in today's ChartWatch.

Let’s dive in!


Today in Review

Name
Value
% Chg
Major Indices
ASX 2009,038.6
+1.02%
All Ords9,199.7
+0.96%
Small Ords3,326.5
+0.11%
All Tech2,930.1
+1.08%
Emerging Companies2,773.7
-0.50%
Currency
AUD/USD0.6955
-0.28%
US Futures
S&P 5007,477.5
+0.16%
Dow Jones52,978.0
+0.06%
Nasdaq27,908.5
-0.05%
Name
Value
% Chg
Sector
Health Care27,246.0
+4.24%
Consumer Discretionary4,097.1
+2.37%
Consumer Staples13,601.7
+1.98%
Communication Services1,660.9
+1.50%
Materials23,232.1
+1.13%
Information Technology1,744.5
+1.08%
Energy10,573.0
+0.92%
Real Estate3,648.2
+0.77%
Industrials8,418.7
+0.48%
Utilities9,618.7
+0.25%
Financials9,968.7
+0.19%

ASX 200 Intraday Chart

ASX 200 Intraday Chart

Markets

The S&P/ASX 200 (XJO) finished 90.8 points higher at 9,038.6, 1.0% from its session low and 0.5% from its high. Reflecting strength in the benchmark, in the broader-based S&P/ASX 300 (XKO) advancers beat decliners by 194 to 89.

Health Care (XHJ) (+4.2%) had its best single session in more than four years, and the driver was company-specific as much as macro — CSL (CSL) (+7.2%) surged after announcing plans to begin clinical trial work in mid-2027 to support regulatory approval of its next-generation Horizon 2 manufacturing process, a development that investors interpreted as a credible pathway back toward the earnings trajectory that existed before this year's damaging profit downgrades.

Combined with the sector's structural sensitivity to falling bond yields — the 3-year bond yield dropped to 4.5% after the CPI print, meaningfully compressing the discount rate applied to long-duration healthcare earnings — the conditions were ideal. ResMed (RMD) (+3.6%), Sonic Healthcare (SHL) (+3.2%), and Ansell (ANN) (+2.9%) all advanced alongside CSL.

Consumer Discretionary (XDJ) (+2.4%) was the second-strongest sector and the purest expression of the RBA repricing — when the probability of another rate hike collapses from 21% to 4% in a single trading session, the businesses most exposed to household spending capacity get repriced with speed. Falling mortgage expectations translate directly to higher disposable income, and the market didn't wait for confirmation.

Temple & Webster (TPW) (+8.4%) and Lovisa (LOV) (+7.9%) led the high-multiple consumer names higher, with Domino's Pizza Enterprises (DMP) (+5.3%), JB Hi-Fi (JBH) (+4.7%), and Eagers Automotive (APE) (+5.3%) all sharply higher. Harvey Norman (HVN) (+3.7%) and Wesfarmers (WES) (+2.4%) also advanced.

Consumer Staples (XSJ) (+2.0%) was the third-best sector, carried by the same macro tailwind. Coles (COL) (+2.5%), Metcash (MTS) (+2.0%), and Woolworths (WOW) (+1.9%) all firmed.

Materials (XMJ) (+1.1%) was among today's quieter participants even as several company-specific results provided stock-level catalysts. Rio Tinto (RIO) (+3.7%) led after reporting a 43% lift in first-half underlying earnings to US$6.85 billion, ahead of the US$6.78 billion consensus, with higher copper production the primary driver. Mineral Resources (MIN) (+4.8%) surged after exceeding expectations across lithium and mining services in the June quarter, with improved production volumes and lower costs. Elsewhere, BHP (BHP) (+1.4%) advanced broadly alongside the sector.

Energy (XEJ) (+1.0%) extended its recent recovery as ICE Brent crude futures rose 3.7% to US$84.75/bbl after fresh Middle East fighting halted the three-day decline. Woodside Energy (WDS) (+1.4%) delivered a strong June-quarter revenue result — up 35% to US$4.19 billion — and tightened full-year production guidance to 174–185 million barrels of oil equivalent. Viva Energy (VEA) (+3.0%) and Ampol (ALD) (+1.3%) were also firmer.


Today's best ASX Top 300 gainers

Company
Last Price
Change $
Change %
1mo %
1yr %
Lovisa Holdings (LOV)$24.64+$1.80+7.9%+6.0%-25.9%
CSL (CSL)$128.07+$8.55+7.2%+11.5%-52.9%
Domino's Pizza Enterprises (DMP)$17.96+$0.90+5.3%+12.0%-1.9%
Eagers Automotive (APE)$23.78+$1.19+5.3%+11.0%+27.7%
EBOS Group (EBO)$18.88+$0.91+5.1%+12.6%-49.3%
Stockland (SGP)$4.44+$0.21+5.0%+2.8%-18.2%
Nick Scali (NCK)$16.35+$0.75+4.8%+3.1%-14.8%
Mineral Resources (MIN)$55.62+$2.52+4.7%-11.9%+84.8%
JB Hi-Fi (JBH)$81.80+$3.65+4.7%0.0%-22.9%
Tabcorp Holdings (TAH)$0.91+$0.04+4.6%+9.6%+17.4%
SEEK (SEK)$14.68+$0.62+4.4%+16.4%-39.2%
Harvey Norman Holdings (HVN)$5.03+$0.20+4.1%+3.1%-11.0%
Treasury Wine Estates (TWE)$5.05+$0.20+4.1%+7.2%-34.2%
Xero (XRO)$70.47+$2.78+4.1%+2.1%-60.8%
Flight Centre Travel Group (FLT)$13.15+$0.51+4.0%+9.7%+3.2%
ARB Corporation (ARB)$19.70+$0.76+4.0%+4.2%-43.8%
EQ Resources (EQR)$0.265+$0.01+3.9%-3.6%+657.1%
Guzman Y Gomez (GYG)$24.60+$0.92+3.9%+21.4%-8.7%
Alkane Resources (ALK)$1.355+$0.05+3.8%-6.6%+90.8%
Amotiv (AOV)$7.25+$0.26+3.7%+13.8%-18.6%

Today's worst ASX Top 300 losers

Company
Last Price
Change $
Change %
1mo %
1yr %
Develop Global (DVP)$4.60-$0.98-17.6%-26.0%+1.5%
Megaport (MP1)$16.35-$1.50-8.4%-19.3%+16.3%
Weebit Nano (WBT)$4.29-$0.39-8.3%-46.2%+97.7%
Liontown (LTR)$1.105-$0.095-7.9%-33.4%+33.1%
Benz Mining Corp (BNZ)$3.30-$0.25-7.0%+37.5%+441.0%
GenusPlus Group (GNP)$8.30-$0.56-6.3%-23.4%+84.4%
Elsight (ELS)$5.34-$0.34-6.0%-20.7%+213.2%
Bellevue Gold (BGL)$1.265-$0.08-5.9%-1.9%+49.7%
Southern Cross Electrical Engineering (SXE)$4.02-$0.25-5.9%-14.6%+128.4%
GR Engineering Services (GNG)$5.58-$0.32-5.4%+9.2%+47.6%
Tasmea (TEA)$8.21-$0.43-5.0%-14.2%+130.0%
IperionX (IPX)$3.09-$0.16-4.9%-15.3%-50.6%
Kingsgate Consolidated (KCN)$3.92-$0.19-4.6%-27.3%+65.4%
Lindian Resources (LIN)$0.735-$0.035-4.5%-20.1%+600.0%
Digico Infrastructure REIT (DGT)$2.54-$0.12-4.5%-1.2%-21.6%
FireFly Metals (FFM)$1.68-$0.075-4.3%+0.6%+57.9%
Challenger (CGF)$10.10-$0.44-4.2%+3.6%+23.6%
Catapult Sports (CAT)$3.39-$0.14-4.0%+16.5%-49.1%
Lynas Rare Earths (LYC)$14.10-$0.58-4.0%-23.9%+30.4%
The Star Entertainment Group (SGR)$0.125-$0.005-3.8%+35.9%+8.7%

Chartwatch

Nasdaq Composite Index

Nasdaq Composite Index chart

Analysis

Super interesting candle — and I’m not just saying that because I think every candle is super interesting! 🤩

We got the supply-side powered opening that we were expecting after Monday’s candle… Just beautiful textbook stuff.

But, instead of starting down and staying down (the end of the candle means everything, remember!?) — demand kicked in, supply didn’t or was unable to follow through… And the price rallied from the long term uptrend ribbon.

Finally! The comp made it to the LT ribbon — and Tuesday’s price action showed that our favourite dark green caterpillar didn’t disappoint! Long Live The Long Term Uptrend Ribbon 🐛!

Not quite a perfect demand side showing, though. Tuesday’s candle closed off its high — and hey it could have been an even bigger candle/rebound from the long term uptrend ribbon.

The short term trend is unequivocally down, the price action is clearly falling peaks and falling troughs, and bar last night’s showing — the candles over the last few weeks are predominantly supply side in nature.

❌❌❌

But then there’s the long term uptrend ribbon: It’s intact and it’s behaving as a zone of dynamic demand ✅✅

The upshot is not much has changed as far as our Analysis is concerned: short term supply side control vs long term demand side control.

Nor really, has our Accept changed: things remain a bit dodgy here, the MOTN lies with sideways to down… But as long as the long term uptrend remains up — the up case cannot be completely discounted.

So, if the first two A’s are ‘a bit dodgy-to-undecided’, then the third A — Act — must reflect less than a full risk position (i.e., less than fully invested).

It does. And I don’t think it warrants any adjustment today.

View

I'm 1/2RP on my US portfolio ⚖️ (RP = Risk Position — it reflects my personal allowable capital allocation limit for my investments in US stocks. So 1/2RP is 50%, 2/3RP is 67% and FRP is 100%)

Key Levels

26789-27191 is the key zone of supply vs long term uptrend ribbon (presently 23642 - 24545) is the key zone of demand.


S&P/ASX 200 (XJO)

S&P/ASX 200 (XJO) chart

Analysis

It’s happening. The transformation is afoot!

From Old Tin Pot… 😭

To Golden Le Creuset! 🔥

It took global AI and semiconductor stocks to melt down and remind the big fund managers that: BORING IS BEAUTIFUL! 🥰

And no market on this planet quite does BORING like us! Hooray for our BORINGNESS!

So, here I go, from 1/2RP to 2/3RP.

Sure, it could have been a stronger close, but as the farmer said at the end of Babe… That’ll do OTP, that’ll do! 🐷

View

I'm 2/3RP on my Aussie portfolio ⚖️ (i.e., my personal allowable capital allocation limit for my investments in Australian stocks is 67%).

Key Levels

8984-9022 is the key zone of supply, while demand is at 8708-8656.

(Glossary of acronyms! Old Tin Pot (OTP): S&P/ASX 200 | MOTN: More Often Than Not | FOMO: Fear Of Missing Out | HOFU: Holding On For Upside | BTD: Buy The Dip | NUTE: No Urgency To Enter | FOHO: Fear Of Holding On | STR: Sell The Rally | RP: Risk Position | FFS: Fund Flow Shenanigans!)

***CHARTWATCH LIVE WEBINARS — NEW VIDEO DROPPED 📺🍿***

The ASX 200 just hit a 22 week high! What to consider before investing in the Australian share market 🔍

ChartWatch LIVE Webinar

ChartWatch LIVE Webinars – WEEKLY Wednesday's @ 12pm AEDT

Learn more about technical analysis and trend following through real case studies on ASX stocks. Australia's premier technical analyst, Carl Capolingua, shares his unique insights on stocks as requested by viewers. Ask about a company in your portfolio or anything related to trading and investing and get Carl's expert opinion.

Places are limited so >REGISTER NOW!<


Economy

Today

  • AUS June Consumer Price Index (CPI)

    • Headline: -0.1% m/m and +3.8% p.a. vs +0.2% m/m and +4.0% p.a. forecast and -0.7% m/m and +4.0% p.a. in May

    • Trimmed Mean: +0.3% m/m and vs +0.4% m/m forecast and +0.4% m/m in May

    • Reader:

      • The softer result sharply reduced expectations of an August RBA rate rise, with market pricing falling from 21% before the release to just 4%.

      • Economists cautioned that domestic inflation pressures remain sticky, with services and non-tradables inflation accelerating even as cheaper imported goods softened the headline result. A November increase remains possible if third-quarter inflation rebounds.

LATER THIS WEEK

Thursday

  • 04:00 USA Federal Reserve Meeting & Post Meeting Press Conference (04:30)

    • Fed Funds Rate: No change at 3.75% forecast

  • 11:30 AUS June Building Approvals (-0.5% m/m vs -1.1% m/m in May)

  • 22:30 USA June Quarter Advance GDP (+2.3% p.a. forecast vs +2.1% p.a. in March quarter)

  • 22:30 USA June Core Personal Consumption Expenditures (PCE) Index

    • PCE Index: +0.1% m/m forecast vs +0.3% m/m in May

    • Personal Income: +0.3% m/m forecast vs +0.7% m/m in May

    • ersonal Spending: +0.4% m/m forecast vs +0.7% m/m in May

Friday

  • 11:30 AUS June Producer Price Index (PPI) (wholesale inflation) (+0.3% m/m forecast vs +0.4% m/m in May)

  • 11:30 CHN Purchasing Managers Index (PMI)

    • Manufacturing: 49.9 forecast vs 50.3 previous

    • Services: 50.0 forecast vs 50.2 previous


Interesting Movers

Trading higher

  • Meteoric Resources (MEI) $0.19
    +8.6%

    Rose after it announced that it has entered into a memorandum of strategic partnership with POSCO to progress a long-term development and timely commercial production of rare earth materials from the company's Caldeira Rare Earth Project in Brazil.

  • CSL (CSL) $128.07
    +7.2%

    Rose after it announced it will undertake clinical trials to support regulatory approval of its next‑generation Horizon 2 manufacturing process, with clinical work expected to begin in mid‑2027; shares rose 5.4 per cent in early trade on the update. The trials will confirm the efficacy and safety of immunoglobulin produced using Horizon 2 and follow engagement with the FDA and EMA, running alongside expansion of its Kankakee, Illinois manufacturing facility.

  • Mineral Resources (MIN) $55.62
    +4.8%

    Rose after it announced mining services volumes of 94 million tonnes, 17 per cent above consensus forecasts, driven by stronger Onslow activity and increased strip mining; Wodgina spodumene shipments of 91,000 tonnes exceeded expectations by 43 per cent, with Wodgina FOB $714/t and Mt Marion $878/t ahead of forecasts, net debt improved from $4.5bn to $4.3bn and the company met or exceeded FY26 guidance across major divisions.

  • Rio Tinto (RIO) $165.39
    +3.7%

    Rose after it announced a 43 per cent jump in underlying earnings for the first half as stronger commodity prices and higher production lifted profitability: underlying earnings rose to US$6.85bn, underlying EBITDA climbed 28 per cent to US$14.8bn and free cash flow surged 75 per cent to US$3.83bn, helped by a 3 per cent increase in copper equivalent production.

Trading Lower

  • Liontown (LTR) $1.11
    -7.9%

    Fell after it announced it produced 103,111 dry metric tonnes of concentrate and achieved a record 3,316 metres of underground development (up 35 per cent from the March quarter) as it works towards a 2.8Mtpa run rate by end FY27; the company received $302m from customers during the quarter, sold 108,489 dmt of spodumene concentrate, reported revenue of $235m (up 19 per cent) and ended the June quarter with $561m cash.

  • Artrya (AYA) $4.77
    -6.3%

    Fell after it announced its Appendix 4C quarterly cashflow report and activities update for the quarter ended 30 June 2026; management said the company continued to expand its U.S. commercial pipeline for the Salix platform, holding $74.0m of cash and term deposits versus an operating cash flow burn of $4.75m.

  • Kingsgate Consolidated (KCN) $3.92
    -4.6%

    Fell after it announced that it had completed a strategic land acquisition programme to support the ongoing expansion of its Chatree Gold Mine in Thailand.


Broker Moves

Company
Broker
Action
Rating
Price Target
360Life360 Inc
Morgan StanleyRetained
Overweight
$32.00
6KA6K Additive, Inc
Bell PotterRetained
Speculative Buy
$1.50
MorgansRetained
Speculative Buy
$1.31
AEUAtomic Eagle
Shaw and PartnersRetained
Buy
$1.70
ALQALS
Goldman SachsRetained
Buy
$23.80
JefferiesRetained
Buy
$26.00
RBC Capital MarketsRetained
Sector Perform
$22.75
ALXAtlas Arteria
MacquarieRetained
Neutral
$5.02
AMPAMP
Bank of AmericaDowngraded
Neutral
$2.40
ANZANZ Group Holdings
Morgan StanleyRetained
Overweight
$34.50
AR1Austral Resources Australia
Bell PotterRetained
Buy
$0.17
BAPBapcor
Morgan StanleyRetained
Underweight
$0.25
BHPBHP Group
UBSRetained
Neutral
$59.00
BMNBannerman Energy
MacquarieRetained
Outperform
$5.00
BPGBlack Pearl Group
Bell PotterRetained
Speculative Buy
$1.20
BWPBWP Trust
UBSRetained
Neutral
$3.89
BXBBrambles
Morgan StanleyRetained
Equal Weight
$19.00
CBACommonwealth Bank of Australia
Morgan StanleyRetained
Underweight
$123.50
CCLCuscal
MacquarieInitiated
Outperform
$5.80
CGFChallenger
UBSDowngraded
Neutral
$11.30
CHCCharter Hall Group
UBSRetained
Buy
$26.00
CIPCenturia Industrial REIT
UBSRetained
Buy
$3.39
CLWCharter Hall Long Wale REIT
UBSRetained
Sell
$3.50
CMMCapricorn Metals
UBSRetained
Buy
$1.47
CNUChorus
MacquarieRetained
Outperform
$10.26
COFCenturia Office REIT
UBSRetained
Neutral
$0.90
CRDConrad Asia Energy
Bell PotterRetained
Speculative Buy
$1.05
CSLCSL
MacquarieRetained
Neutral
$114.00
DRODroneShield
Bell PotterRetained
Buy
$2.50
Ord MinnettRetained
Lighten
$1.60
DURDuratec
Shaw and PartnersRetained
Buy
$3.10
DVPDevelop Global
Bell PotterRetained
Buy
$6.50
DXSDexus
UBSRetained
Neutral
$6.12
DYLDeep Yellow
Canaccord GenuityRetained
Speculative Buy
$2.90
EBREBR Systems Inc
Bell PotterRetained
Buy
$0.90
FMGFortescue
UBSRetained
Neutral
$19.70
GLFGemlife Communities Group
UBSRetained
Buy
$5.40
GMDGenesis Minerals
Bell PotterRetained
Buy
$9.20
CitiRetained
Buy
$10.00
JPMorganRetained
Overweight
$7.40
Moelis AustraliaRetained
Buy
$6.90
Ord MinnettRetained
Buy
$6.70
GMGGoodman Group
UBSRetained
Buy
$34.09
GPTGPT Group
UBSRetained
Buy
$5.60
HSNHansen Technologies
Ord MinnettRetained
Buy
$6.72
IGOIGO
JardenRetained
Neutral
$6.00
MacquarieRetained
Outperform
$10.50
Morgan StanleyRetained
Equal Weight
$6.95
RBC Capital MarketsRetained
Sector Perform
$7.00
ILUIluka Resources
Argonaut SecuritiesRetained
Buy
$9.50
JPMorganRetained
Neutral
$6.90
MacquarieRetained
Outperform
$8.00
Morgan StanleyRetained
Overweight
$7.95
IPDImpediMed
Bell PotterRetained
Speculative Buy
$0.02
MorgansRetained
Speculative Buy
$0.01
JHXJames Hardie Industries Plc
Morgan StanleyRetained
Overweight
$42.00
KARKaroon Energy
MorgansDowngraded
Hold
$1.75
LMGLatrobe Magnesium
Shaw and PartnersRetained
Buy
$0.06
MEIMeteoric Resources
Canaccord GenuityRetained
Speculative Buy
$0.40
MINMineral Resources
MacquarieRetained
Outperform
$85.00
UBSRetained
Buy
$79.00
NABNational Australia Bank
Morgan StanleyRetained
Underweight
$34.00
NEMNewmont Corporation
MorgansRetained
Buy
$194.00
NICNickel Industries
MacquarieRetained
Outperform
$1.25
OMAOmega Oil & Gas
Bell PotterRetained
Speculative Buy
$1.40
ORAOrora
CitiRetained
Neutral
$1.80
PNVPolynovo
Canaccord GenuityDowngraded
Hold
$0.95
QANQantas Airways
Morgan StanleyRetained
Overweight
$12.50
REPRAM Essential Services Property Fund
UBSRetained
Buy
$0.63
RIORio Tinto
UBSRetained
Neutral
$177.00
RPLRegal Partners
MorgansRetained
Buy
$4.00
SCGScentre Group
UBSRetained
Neutral
$3.95
SGPStockland
UBSRetained
Neutral
$4.35
SOMSomnoMed
MorgansRetained
Speculative Buy
$0.75
STOSantos
MorgansRetained
Hold
$7.90
SX2Southern Cross Gold Consolidated
Shaw and PartnersRetained
Buy
$14.40
TLXTelix Pharmaceuticals
CitiRetained
Buy
$31.00
TTXTetratherix
MorgansRetained
Speculative Buy
$8.59
VEAViva Energy Group
JefferiesRetained
Hold
$2.30
Morgan StanleyRetained
Equal Weight
$2.39
Ord MinnettRetained
Buy
$3.00
RBC Capital MarketsRetained
Outperform
$2.75
UBSRetained
Buy
$2.80
WBCWestpac Banking Corporation
Morgan StanleyRetained
Underweight
$30.50
WDSWoodside Energy Group
MacquarieRetained
Outperform
$32.80
MorgansRetained
Hold
$33.40
WEBWEB Travel Group
E&PRetained
Neutral
$3.96
Goldman SachsRetained
Buy
$5.00
Morgan StanleyRetained
Equal Weight
$2.60
RBC Capital MarketsRetained
Outperform
$6.00
UBSRetained
Buy
$4.60
WHCWhitehaven Coal
Bell PotterRetained
Hold
$8.05
CLSARetained
Underperform
$6.20
JefferiesRetained
Buy
$8.50
JPMorganRetained
Neutral
$8.10
Morgan StanleyRetained
Overweight
$8.40
MorgansUpgraded
Buy
$8.50
UBSRetained
Neutral
$8.00
WZRWisr
Shaw and PartnersRetained
Buy
$0.07

Scans

Top Gainers

Code
Company
Last
% Chg
H2GH2G Ltd$0.011+37.50%
CPNCaspin Resources Ltd$0.14+33.33%
WRXWestern Ridge Resources Ltd$0.024+26.32%
SOPSynertec Corporation Ltd$0.048+20.00%
AT4American Tungsten & Antimony Ltd$0.049+19.51%
View all top gainers

Top Fallers

Code
Company
Last
% Chg
MDXMindax Ltd$0.025-34.21%
CAYCanyon Resources Ltd$0.06-31.03%
LAMLaramide Resources Ltd$0.53-29.80%
LKOLakes Blue Energy NL$0.35-25.53%
ACMAustralian Critical Minerals Ltd$0.026-21.21%
View all top fallers

52 Week Highs

Code
Company
Last
% Chg
AFPAft Pharmaceuticals Ltd$3.95+9.72%
RHTResonance Health Ltd$0.06+7.14%
VYSVysarn Ltd$1.10+4.27%
VEAViva Energy Group Ltd$2.73+3.02%
SVNPSavana US Small Caps Active ETF$1.845+2.79%
View all 52 week highs

52 Week Lows

Code
Company
Last
% Chg
CAYCanyon Resources Ltd$0.06-31.03%
ACMAustralian Critical Minerals Ltd$0.026-21.21%
C29C29 Metals Ltd$0.011-15.39%
ICLIceni Gold Ltd$0.022-15.39%
VTAVita Resources NL$0.024-14.29%
View all 52 week lows

Near Highs

Code
Company
Last
% Chg
GLPRiShares Ftse GBL Property Ex Aus (Aud Hedged) ETF$29.76-0.40%
RHCRamsay Health Care Ltd$44.26+1.98%
OZBDBetashares Australian Composite Bond ETF$43.92+0.32%
AN3PIAustralia and New Zealand Banking Group Ltd$102.80-0.15%
WVOLiShares MSCI World Ex Aust Minimum Volatility ETF$46.00+0.77%
View all near highs

Relative Strength Index (RSI) Oversold

Code
Company
Last
% Chg
PENPeninsula Energy Ltd$0.2350.00%
NVXNovonix Ltd$0.1350.00%
WC8Wildcat Resources Ltd$0.33-2.94%
LYCLynas Rare EARTHS Ltd$14.10-3.95%
GLNGalan Lithium Ltd$0.275-1.79%
View all RSI oversold

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

29/07/2026