MARKET WRAPS

Evening Wrap: ASX 200 sneaks a gain as gold stocks rebound, NAB pops on upgrade as WES drops on downgrade

The S&P/ASX 200 closed 1.6 points higher, up 0.02%.

Lead Writer and Presenter
Thu 2 July 2026, 17:23 AEST (1h ago)
13 min read

In this article

The ASX 200 ended near flat in a choppy session as a rebound in gold stocks and a Bank of America upgrade to NAB rescued the index from steeper losses. Wesfarmers wasn't so lucky, it fell heavily after copping a downgrade to sell from Goldman Sachs.

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 2008,724.5
+0.02%
All Ords8,930.9
-0.01%
Small Ords3,397.0
-0.36%
All Tech2,987.3
-0.47%
Emerging Companies2,972.2
+1.51%
Currency
AUD/USD0.6894
+0.01%
US Futures
S&P 5007,528.0
-0.21%
Dow Jones52,597.0
-0.13%
Nasdaq29,906.25
-0.62%
Name
Value
% Chg
Sector
Financials9,300.0
+1.17%
Health Care26,319.0
+0.28%
Materials23,464.5
-0.02%
Consumer Staples13,011.4
-0.34%
Real Estate3,619.3
-0.41%
Communication Services1,599.1
-0.63%
Energy9,457.2
-0.68%
Industrials8,373.0
-0.79%
Information Technology1,782.2
-1.14%
Consumer Discretionary3,881.7
-2.17%
Utilities9,381.9
-3.58%

ASX 200 Intraday Chart

ASX 200 Intraday Chart

Markets

The S&P/ASX 200 (XJO) finished 1.6 points higher at 8,724.5, 0.79% from its session low and just 0.06% from its session high. Despite the squeak into the black at benchmark level, in the broader-based S&P/ASX 300 (XKO) advancers lagged decliners by 123 to 159. Hardly a vote of confidence!

The Gold Sub-Index (XGD) (+3.4%) staged a powerful recovery as the benchmark COMEX gold futures contract reclaimed the psychologically significant US$4,000 mark, gaining 1.1% overnight to US$4,085/oz before adding a further 0.1% in Asian trade. COMEX silver futures rose 1.0% overnight before easing 0.2% to US$60.40/oz.

The sector has become a high-beta play on two converging tailwinds today — a recovering gold price and a falling oil price, the latter which directly reduces diesel costs for mining operations. However, arguably, today's gains significantly outpaced underlying commodities moves, suggesting short-covering and bargain-hunting were also at play after months of relentless selling.

S&P-ASX All Ordinaries Gold SubInd Index chart_2 Jul.png
S&P-ASX All Ordinaries Gold SubInd Index 

Ora Banda Mining (OBM) (+8.3%), Black Cat Syndicate (BC8) (+7.0%), and Northern Star Resources (NST) (+5.5%) — which announced its new CEO and chairman succession — were the standouts, with Newmont (NEM) (+2.6%) also advancing.

Financials (XFJ) (+1.2%) reversed the prior session's housing-data-driven selldown as a well-timed Bank of America upgrade to National Australia Bank (NAB) (+3.8%) lifted the whole sector (more on that in Interesting Moves below). Westpac (WBC) (+2.2%), Macquarie Group (MQG) (+1.2%), ANZ (ANZ) (+0.9%), and Commonwealth Bank (CBA) (+0.3%) all gained — though CBA remained a notable laggard, widely seen as the most exposed to a local property market downturn.

Health Care (XHJ) (+0.3%) added modestly to its recent recovery, in what is now a sustained rotation into a sector that was battered through much of the financial year. ResMed (RMD) (+3.2%), Healius (HLS) (+2.7%), Cochlear (COH) (+1.6%), and Pro Medicus (PME) (+1.5%) all firmed.

Materials (XMJ) (0.0%) was flat at the sector level, masking a split. Base metals stocks were broadly lower — LME aluminium fell 1.0%, copper 1.3%, and nickel 0.6% overnight, with COMEX copper futures falling a further 0.6% to US$6.143/lb in Asian trade. The gold sector's strong session was the only reason Materials didn't finish in the red. South32 (S32) (-2.8%), Fortescue (FMG) (-1.5%), Lynas Rare Earths (LYC) (-1.4%), and BHP (BHP) (-0.6%) all fell.

S&P-ASX 200 Utilities Sector Index  chart_2 Jul.png
S&P-ASX 200 Utilities Sector Index 

Utilities (XUJ) (-3.6%) was the session's worst sector, as major sector constituent Origin Energy (ORG) (-5.4%) — Australia's largest LNG producer — tracked falling crude oil prices. Separately, a modest rise in benchmark Australian 10-year bond yields — up 1.6 basis points today and 8.2 basis points over the past three sessions — weighed on the sector as a whole in its bond-proxy capacity. APA Group (APA) (-1.9%) and AGL Energy (AGL) (-1.2%) were also softer.

S&P-ASX 200 Consumer Discretionary Sector Index chart_2 Jul.png
S&P-ASX 200 Consumer Discretionary Sector Index 

Consumer Discretionary (XDJ) (-2.2%) bore the brunt of a Goldman Sachs Wesfarmers (WES) (-4.0%) downgrade, which landed on a sector already nursing concerns about the domestic consumer's capacity to spend. Goldman's argument was pointed: Wesfarmers' recent re-rating had aped US consumer sector peers without justification — the local consumer environment, weighed by three RBA hikes and softer housing, simply does not support its present multiple. Temple & Webster (TPW) (-7.3%), Harvey Norman (HVN) (-3.3%), and Super Retail Group (SUL) (-2.8%) were all sharply lower.

Information Technology (XIJ) (-1.1%) fell as data centre and AI-infrastructure names led the selling — Meta's plan to sell spare computing power to third parties raised fresh questions about excess AI capacity and weighed on sentiment toward data centre operators globally.

NextDC (NXT) (-5.9%) and Megaport (MP1) (-4.9%) bore the heaviest losses, while WiseTech Global (WTC) (-1.6%) extended its long-running decline. Not all of the sector fell — Life360 (360) (+3.9%), Xero (XRO) (+1.5%), and Technology One (TNE) (+0.5%) all advanced.

Energy (XEJ) (-0.7%) fell as ICE Brent crude futures slipped 1.3% to US$70.64/bbl after falling 1.9% overnight. On the London Stock Exchange, Shell PLC fell to its lowest close since the start of the Middle East conflict, reflecting increased flows through the Strait of Hormuz and progress in US-Iran indirect talks. Karoon Energy (KAR) (-2.1%), Beach Energy (BPT) (-1.8%), Santos (STO) (-1.4%), and Woodside Energy (WDS) (-1.3%) were all lower.

Real Estate (XPJ) (-0.4%) continued to drift as several major constituents traded ex-distribution, while the modest rise in benchmark bond yields added a further headwind. Stockland (SGP) (-1.5%), Scentre Group (SCG) (-0.8%), and Lendlease (LLC) (-0.6%) were all lower.


Today's best ASX Top 300 gainers

Company
Last Price
Change $
Change %
1mo %
1yr %
Ora Banda Mining (OBM)$1.105+$0.085+8.3%-21.4%+53.5%
Echo IQ (EIQ)$1.75+$0.13+8.0%+26.8%+586.3%
Minerals 260 (MI6)$0.735+$0.045+6.5%-10.4%+512.5%
Catalyst Metals (CYL)$5.11+$0.30+6.2%-4.5%-3.9%
Sunrise Energy Metals (SRL)$16.99+$0.97+6.1%+13.1%+1423.8%
Northern Star Resources (NST)$19.83+$1.03+5.5%+7.1%+5.6%
Bellevue Gold (BGL)$1.265+$0.065+5.4%-17.3%+37.5%
Resolute Mining (RSG)$0.97+$0.045+4.9%-22.7%+55.2%
Elevra Lithium (ELV)$10.07+$0.43+4.5%-19.6%+294.9%
News Corporation (NWS)$42.33+$1.74+4.3%+1.8%-19.5%
Predictive Discovery (PDI)$0.73+$0.03+4.3%-2.7%+89.6%
West African Resources (WAF)$2.78+$0.11+4.1%-13.1%+20.3%
PM Capital Global Opportunities Fund (PGF)$3.35+$0.13+4.0%+10.6%+31.4%
Latitude Group Holdings (LFS)$0.915+$0.035+4.0%-0.5%-19.7%
Tasmea (TEA)$8.94+$0.34+4.0%+29.4%+142.9%
Life360 Inc (360)$27.19+$1.03+3.9%+33.5%-16.9%
Core Lithium (CXO)$0.265+$0.01+3.9%-17.2%+152.4%
WA1 Resources (WA1)$12.26+$0.46+3.9%-9.8%-25.8%
BCI Minerals (BCI)$0.405+$0.015+3.8%+17.4%+20.9%
National Australia Bank (NAB)$38.41+$1.42+3.8%+2.8%-2.3%

Today's worst ASX Top 300 losers

Company
Last Price
Change $
Change %
1mo %
1yr %
Monadelphous Group (MND)$28.53-$2.65-8.5%-7.2%+66.6%
NEXTDC (NXT)$13.78-$0.86-5.9%-11.2%-1.3%
Origin Energy (ORG)$10.48-$0.60-5.4%-3.0%-4.0%
SGH (SGH)$43.31-$2.27-5.0%+5.4%-17.7%
Qualitas (QAL)$2.89-$0.15-4.9%+4.3%-15.0%
Megaport (MP1)$19.75-$1.02-4.9%+23.1%+46.6%
Develop Global (DVP)$6.24-$0.30-4.6%-0.3%+25.8%
ARB Corporation (ARB)$18.37-$0.84-4.4%-6.0%-44.6%
Superloop (SLC)$3.11-$0.14-4.3%-11.1%+3.7%
Eagers Automotive (APE)$21.20-$0.95-4.3%+3.2%+19.8%
Catapult Sports (CAT)$3.01-$0.13-4.1%-18.9%-47.4%
Sandfire Resources (SFR)$18.61-$0.79-4.1%-4.7%+64.8%
Wesfarmers (WES)$86.85-$3.65-4.0%+8.9%+1.7%
SKS Technologies Group (SKS)$8.74-$0.36-4.0%-5.1%+372.4%
PYC Therapeutics (PYC)$1.615-$0.065-3.9%+21.0%+27.2%
Ricegrowers (SGLLV)$13.18-$0.53-3.9%+8.2%+27.6%
HMC Capital (HMC)$3.01-$0.12-3.8%+0.7%-26.2%
Macmahon Holdings (MAH)$0.89-$0.035-3.8%-11.0%+182.5%
Neuren Pharmaceuticals (NEU)$17.00-$0.65-3.7%+19.6%+21.4%
NRW Holdings (NWH)$7.20-$0.27-3.6%-5.3%+143.2%

Chartwatch

Nasdaq Composite Index chart

Analysis

Why are we so surprised when the Comp has a quiet night!? 🤔

The last two candles were such emphatic demand side displays, and while nothing goes up in a straight line forever – perhaps last night's lack of follow-through is a little mysterious...

Or not.

See, we're still very much range-bound here. There's some good stuff (like those two monster demand candles), some bad stuff (like the 26789-27191 supply zone and a swathe of credible supply side candles that formed it), and plenty of mediocre stuff (like the fact the short term trend ribbon is flat / amber, plus the lower peaks and higher troughs dynamic).

The long term uptrend remains intact. This is an undisputed fact that cannot be ignored.

And there's no reason to believe that the current phase is anything more than a natural transitory equilibrium phase – a bout of temporary S ⬆️ to neutralise the prior D > S = P ⬆️ environment – before demand once again dominates.

In transition there's balance. And if that's our Analysis and Acceptance part... Then our Act part must be 👇

View

I am 1/2RP on the Comp ⚖️ (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

Dead simple! 26789-27191 is the key zone of supply vs 24980-25015 is the key zone of demand. In between = 1/2RP vs >= FRP and <= 1/3RP.


S&P/ASX 200 (XJO)

S&P/ASX 200 (XJO) chart

Analysis

We've just come out of pink-amber-green-amber-green-amber on the poor old short term trend ribbon. The last two flip-flops were just 2 days apiece.

The short term trend ribbon, as good as it usually is... Has succumbed to the mediocrity – the near-perfect equilibrium between demand and supply that presently exists on the OTP.

It's completely useless to us now.

Heck, that long term trend ribbon ain't lookin to peachy either... 😕

The trends are stuffed. The price action is a pile of jumbled zig-zig bleh (today's candle puts it back to lower peaks and lower troughs, though), and the candles resemble the Great African Steppes: 🦓🦓🦓🦓🦓🦓🦓🦓🦓🦓🦓🦓🦓🦓🦓🦓!

What is a trend following technical analyst to do? 🤔

That's easy: Nothing! Hands firmly stuck beneath posterior. Perhaps a bet each-way, i.e., lots of cash, some risk in (mainly longs due to the long term uptrend, but also a decent investigation of shorts)... And simply sit and wait it out.

After all... the OTP must break into a trend eventually... Right? 🤷

I mean even if it's a downtrend... That would still be better than this chop! 🪓🪓🪓

View

Cash is earning 5% p.a. or thereabouts. Better than the average yield of the ASX 200 (just 3.35% in FY26!!!). Assuming that with the 1/2RP invested we can find some decent trends, tell me: what better portfolio management model has been shared with you freely that's better than mine!!!?

I am 1/2RP on the OTP ⚖️ (i.e., my personal allowable capital allocation limit for my investments in Australian stocks is 50%).

Key Levels

Hey, a decent candle today with a nice, long downward pointing shadow 🤞. Notwithstanding, 8984-9022 is the key zone of supply, while demand is at 8485-8561. In between = 🥱!

***GRAB THE POPCORN — NEW VIDEO DROPPED 📺🍿***

The HORROR! Are ASX banks ANZ, CBA, NAB & WBC flagging major sell signals? (Plus the US tech bubble)

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 May Goods Trade Balance

    • Result: Exports fell $3.22 billion (-6.9%) driven by minerals, while imports increased $1.77 billion (+2.6%) driven by heavy industrial equipment. The result... A bit of a blowout trade deficit with the world to -$3.2 billion (compared to April's $1.38 billion surplus).

    • Reader: The biggest monthly shortfall in over a decade... Not a great look, but possibly a throwback of the impact of the Middle East crisis on markets and trade. Little change in the AUD and Australian Government bond yields suggests investors are looking through the numbers. Should such weakness persist, however, it will likely start to negatively impact forecasts for second quarter GDP.

Later this week

Thursday

  • 22:30 USA June Non-Farm Payrolls

    • Employment change: +114,000 forecast vs +172,000 in May

    • Unemployment rate: 4.3% forecast, unchanged

    • Average hourly earnings: +0.3% m/m forecast vs +0.3% m/m in May

Friday

  • ALL DAY USA Independence Day Holiday.


Interesting Movers

Trading higher

  • Imricor Medical Systems Inc (IMR) $2.03
    +12.5%

    Rose after it announced received FDA 510(k) clearance for its NorthStar® system and for its Vision-MR® Diagnostic Catheter for pediatric label expansion, allowing marketing for use with patients of any age in the US.

  • Intelligent Monitoring Group (IMB) $0.61
    +12.0%

    Rose after it announced it has entered into a binding agreement to acquire ADT UK Residential's security business in the United Kingdom for £180 million, consisting of £155 million in cash and £25 million of the company's stock. Forecast earnings expected to be 40% accretive, increasing pro forma EPS to 9.0cents per share at the current GBP/AUD exchange rate. Proforma leverage expected to be approximately 3.1x Net Debt / Proforma FY26 EBITDA following completion.

  • Echo IQ (EIQ) $1.75
    +8.0%

    Rose after it announced it has executed a definitive exclusive data licensing agreement with Advara HeartCare Pty Ltd, providing Echo IQ exclusive access to a large de-identified echocardiography dataset expected to comprise between 500,000 and 1,000,000 studies and associated clinical data.

  • Northern Star Resources (NST) $19.83
    +5.5%

    Rose after it announced it has selected Glencore executive Suresh Vadnagra as its new chief executive and will replace chairman Michael Chaney with his deputy Michael Ashforth amid pressure from an activist investor for a boardroom transformation.

  • Brightstar Resources (BTR) $0.32
    +5.0%

    Rose after it announced earthworks are advancing for construction of a 1.5Mtpa processing plant at its Goldfields Project, final mine designs at Lord Byron are completed and it has purchased Put Options covering 60,000oz of gold production during the first 24 months of production from FY27 onwards.

  • Tasmea (TEA) $8.94
    +4.0%

    Rose after it announced that it has completed the acquisition of Maxim Group Australia Pty Ltd and subsidiaries; Maxim will contribute to FY27 Group earnings with Electrical segment earnings expected to represent greater than 50% of Group FY27 Underlying EBITA guidance.

  • Electro Optic Systems Holdings (EOS) $10.01
    +2.5%

    Rose after it announced approximately $38 million in new defence orders, including US$16m for the Naval R400 Remote Weapon System and £8m for counter-drone defence from Middle East customers.

  • Capricorn Metals (CMM) $12.74
    +2.1%

    Rose after it announced it has entered into a binding Share Sale Agreement to divest the Big Springs Gold Project in Nevada to Sentinel Metals Limited for up to $26M (including $8.5M cash and $5.0M in Sentinel shares).

Trading Lower

  • Megaport (MP1) $19.75
    -4.9%

    Fell after it announced the successful completion of the retail component of the standing $827 million entitlement offer, which raised approximately AUD$308 million (the institutional component raised ~AUD$518 million in early June).

  • Wesfarmers (WES) $86.85
    -4.0%

    Fell after Goldman Sachs downgraded its rating on the stock to neutral from sell, citing concerns about a stretched valuation and a deteriorating risk-reward profile, and noting significant share price outperformance since mid-May.

  • IperionX (IPX) $4.19
    -3.0%

    Fell after it announced it has completed its acquisition of the Camden critical minerals and infrastructure assets in Tennessee, which adds stockpiles, pre-stripped mineralised ground and infrastructure to its Camden-Titan platform.

  • Emerald Resources NL (EMR) $5.36
    -1.3%

    Fell after it announced the Okvau Gold Mine produced circa 27,000oz of gold during the June 2026 Quarter (within guidance) and indicative AISC for the quarter is anticipated to be at the lower end of guidance of approximately US$880/oz.


Broker Moves

Company
Broker
Action
Rating
Price Target
AGEAlligator Energy
Bell PotterRetained
Speculative Buy
$0.08
AGLAGL Energy
CitiRetained
Buy
$11.00
ALLAristocrat Leisure
Goldman SachsRetained
Buy
$70.00
JardenRetained
Buy
$66.00
JPMorganRetained
Overweight
$61.00
MacquarieRetained
Outperform
$65.00
RBC Capital MarketsRetained
Outperform
$66.00
UBSRetained
Buy
$69.40
ALXAtlas Arteria
RBC Capital MarketsDowngraded
Underperform
$4.75
BIOBiome Australia
Bell PotterRetained
Buy
$0.75
CARCAR Group
Bell PotterRetained
Buy
$34.60
CATCatapult Sports
Bell PotterRetained
Buy
$4.65
CGSCogstate
Bell PotterRetained
Buy
$3.20
CKFCollins Foods
MorgansRetained
Buy
$10.60
COHCochlear
Ord MinnettRetained
Hold
$133.00
COLColes Group
CitiRetained
Buy
$23.00
Ord MinnettRetained
Accumulate
$23.00
CSLCSL
Ord MinnettRetained
Hold
$121.50
EDVEndeavour Group
CitiRetained
Buy
$3.25
EMREmerald Resources NL
Canaccord GenuityRetained
Buy
$8.20
FFMFireFly Metals
Canaccord GenuityRetained
Speculative Buy
$3.00
GHMGolden Horse Minerals
Canaccord GenuityRetained
Speculative Buy
$1.50
GPTGPT Group
CitiRetained
Buy
$6.00
HDNHomeCo Daily Needs REIT
Bell PotterRetained
Sell
$1.25
HLSHealius
Ord MinnettDowngraded
Sell
$0.56
HUBHUB24
CitiRetained
Buy
$89.10
HUMHumm Group
Ord MinnettRetained
Buy
$0.75
IPHIPH
MacquarieRetained
Neutral
$3.74
JINJumbo Interactive
Bell PotterRetained
Hold
$7.10
MM8Medallion Metals
MorgansUpgraded
Buy
$0.99
MNDMonadelphous Group
Bell PotterDowngraded
Hold
$32.00
MSBMesoblast
Bell PotterRetained
Speculative Buy
$4.45
NABNational Australia Bank
Bank of AmericaUpgraded
Buy
$42.50
NSTNorthern Star Resources
Canaccord GenuityRetained
Buy
$31.45
MacquarieRetained
Outperform
$25.00
NWLNetwealth Group
CitiRetained
Buy
$25.35
OCLObjective Corporation
JefferiesRetained
Hold
$7.00
Moelis AustraliaRetained
Buy
$14.94
Morgan StanleyRetained
Overweight
$21.30
MorgansRetained
Buy
$11.50
Shaw and PartnersRetained
Buy
$10.80
ORGOrigin Energy
CitiRetained
Buy
$12.25
PPTPerpetual
CitiRetained
Neutral
$17.00
PXAPEXA Group
MacquarieRetained
Outperform
$19.30
RHCRamsay Health Care
Ord MinnettRetained
Hold
$40.20
RMDResMed Inc.
Ord MinnettRetained
Buy
$36.80
S32South32
CitiRetained
Buy
$6.10
CLSARetained
Hold
$4.10
JefferiesRetained
Buy
$6.00
MacquarieRetained
Neutral
$4.50
MorgansDowngraded
Hold
$4.50
Ord MinnettRetained
Buy
$5.00
SHLSonic Healthcare
Ord MinnettRetained
Hold
$21.50
STOSantos
MacquarieRetained
Outperform
$9.00
TLSTelstra Group
Morgan StanleyRetained
Overweight
$5.40
VMMViridis Mining and Minerals
Canaccord GenuityInitiated
Speculative Buy
$6.30
WDSWoodside Energy Group
MacquarieRetained
Neutral
$30.00
WTMWaratah Minerals
Bell PotterRetained
Speculative Buy
$1.05

Scans

Top Gainers

Code
Company
Last
% Chg
CLUCluey Ltd$0.012+71.43%
WRXWestern Ridge Resources Ltd$0.02+33.33%
LSALachlan Star Ltd$0.14+27.27%
ARCARC Funds Ltd$0.075+25.00%
LKOLakes Blue Energy NL$0.595+23.96%
View all top gainers

Top Fallers

Code
Company
Last
% Chg
BMHBaumart Holdings Ltd$0.02-42.86%
TSRTurnstone Resources Ltd$0.015-34.78%
LNASGlobal X Ultra Long Nasdaq 100 Complex ETF$12.86-28.99%
C29C29 Metals Ltd$0.015-25.00%
CP8Canadian Phosphate Ltd$0.11-21.43%
View all top fallers

52 Week Highs

Code
Company
Last
% Chg
BUXBuxton Resources Ltd$0.056+19.15%
KAOKaoko Metals Ltd$0.545+17.20%
SK1Skinkandy Ltd$2.68+11.20%
CCLCuscal Ltd$5.13+3.22%
GLSL1 Global Long Short Fund Ltd$2.09+1.46%
View all 52 week highs

52 Week Lows

Code
Company
Last
% Chg
TSRTurnstone Resources Ltd$0.015-34.78%
CVBCurvebeam Ai Ltd$0.02-20.00%
EGYEnergy Technologies Ltd$0.016-20.00%
IBXImagion Biosystems Ltd$0.011-15.39%
BUYBounty Oil & Gas NL$0.013-13.33%
View all 52 week lows

Near Highs

Code
Company
Last
% Chg
CNEWVaneck China New Economy ETF$8.28+0.49%
MYEMastermyne Group Ltd$0.30-1.64%
HGBLBetashares Global Shares Currency Hedged ETF$84.37+0.08%
MQGPGMacquarie Group Ltd$104.70-0.13%
DGVADimensional Global Value Trust - Active ETF$30.24-0.46%
View all near highs

Relative Strength Index (RSI) Oversold

Code
Company
Last
% Chg
INIFIntelligent Investor Aus EQ Inc Fund - Active ETF$2.700.00%
VBNDVanguard Global Aggregate Bond INDEX (Hedged) ETF$39.46-0.25%
WORWorley Ltd$10.77-2.00%
DIFFPerpetual Diversified Income Active ETF$10.020.00%
ABBAussie Broadband Ltd$4.77-2.45%
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.

02/07/2026