Midday Market Pulse — Wednesday, Jul 08

2 min read Midday Pulse

Midday market pulse for Wednesday, Jul 08. 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 1210 signals across 12 sectors.

Sector Rotation

The three most active sectors by signal count:

Basic Materials-1.0% avg
529 signalsMost active: AXL (+27.3%)
Healthcare-0.5% avg
113 signalsMost active: PIQ (+41.9%)
Financial Services-0.4% avg
110 signalsMost active: ENN (-6.0%)

Director Activity Observed

27 tickers showed recent net director purchasing activity.

INR+2 net buys
ZIP+2 net buys
ORA+2 net buys
PKP+2 net buys
DRO+2 net buys

Elevated Short Interest

39 screened tickers carrying short interest above 5%.

DMP14.0% short
DRO12.1% short
BOE12.0% short
FLT11.4% short
TWE11.0% 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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