Midday Market Pulse — Monday, May 04

2 min read Midday Pulse

Midday market pulse for Monday, May 04. Here's what the algorithm is highlighting across the ASX small-cap universe at this point in the session.

Signal Overview

The current scan surfaced 1263 signals across 12 sectors.

Sector Rotation

The three most active sectors by signal count:

Basic Materials-0.1% avg
556 signalsMost active: MTL (-33.3%)
Healthcare-0.2% avg
114 signalsMost active: IBX (+21.4%)
Financial Services-0.0% avg
109 signalsMost active: WZR (-9.1%)

Director Activity Observed

27 tickers showed recent net director purchasing activity.

AMI+2 net buys
LDX+2 net buys
TBN+2 net buys
ERA+2 net buys
ASN+1 net buys

Elevated Short Interest

40 screened tickers carrying short interest above 5%.

DMP15.5% short
PNV14.3% short
TWE13.2% short
GYG12.1% short
ZIP11.8% short

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.
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