Midday Market Pulse — Thursday, May 07

2 min read Midday Pulse

Midday market pulse for Thursday, May 07. 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 1271 signals across 12 sectors.

Sector Rotation

The three most active sectors by signal count:

Basic Materials+1.2% avg
560 signalsMost active: HWK (+40.7%)
Healthcare+0.9% avg
116 signalsMost active: ADR (+25.0%)
Financial Services+0.6% avg
116 signalsMost active: WZR (+10.0%)

Director Activity Observed

28 tickers showed recent net director purchasing activity.

SOP+2 net buys
DUB+1 net buys
TBN+1 net buys
WAF+1 net buys
STX+1 net buys

Elevated Short Interest

42 screened tickers carrying short interest above 5%.

DMP15.9% short
PNV14.4% short
GYG13.7% short
LOT13.5% short
BOE13.2% 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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