Midday market pulse for Monday, Mar 23. Here's what the algorithm is highlighting across the ASX small-cap universe at this point in the session.
Conviction Distribution
Of the 1266 signals in the current scan, 0.0% scored high conviction and 4.2% scored medium. The remainder sit below the medium threshold.
Sector Rotation
The three most active sectors by signal count:
Basic Materials-3.5% avg
556 signals | avg score 41Leader: CUF (55)
Financial Services-1.8% avg
119 signals | avg score 41Leader: NCC (49)
Healthcare-0.9% avg
116 signals | avg score 42Leader: PNV (55)
Director Activity Observed
22 tickers showed recent net director purchasing activity.
SRG46
MMI49
MTS40
BRN38
STX50
Elevated Short Interest
36 screened tickers carrying short interest above 5%.
DMP15.9% short|41
TWE15.1% short|41
GYG13.4% short|41
PNV13.3% short|55
NAN11.7% short|44
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.