Midday market pulse for Wednesday, Mar 18. Here's what the algorithm is highlighting across the ASX small-cap universe at this point in the session.
Conviction Distribution
Of the 1280 signals in the current scan, 0.0% scored high conviction and 2.1% scored medium. The remainder sit below the medium threshold.
Sector Rotation
The three most active sectors by signal count:
Basic Materials+0.6% avg
562 signals | avg score 37Leader: AUC (58)
Financial Services+0.5% avg
120 signals | avg score 37Leader: TGF (48)
Healthcare+0.6% avg
118 signals | avg score 36Leader: DOC (52)
Director Activity Observed
20 tickers showed recent net director purchasing activity.
NEC36
BTR38
BRN37
MMI36
BAP47
Elevated Short Interest
34 screened tickers carrying short interest above 5%.
DMP15.8% short|49
TWE15.0% short|46
TLX14.8% short|41
GYG13.2% short|41
PNV13.0% short|51
Midday data reflects the latest completed scan. Intraday price movements after the scan time are not captured until the next scheduled scan.
GENERAL INFORMATION ONLY — This article is produced by an algorithm and does not constitute personal financial advice, a recommendation, or an offer to buy or sell any security. SmallCapData does not hold an Australian Financial Services Licence (AFSL). You should consider seeking independent financial advice before making any investment decision. Past performance is not indicative of future results.