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Symbol: NXT.AU

Global Focus Developed

Posted on February 12, 2021February 12, 2021 by Sandeeep N

Australia’s ASX All Ordinaries Index declined 0.4% this week. It closed above all key moving averages and has support along its 21-DMA (-1.2%). We moved the index to a Confirmed Uptrend on Monday. It added one distribution day this week, taking the total to five. One distribution day is set to expire next week.

Global Focus Developed

Posted on February 5, 2021February 5, 2021 by Sandeeep N

Australia’s ASX All Ordinaries Index gained 3.5% this week. It closed above all key moving averages after declining below its 50-DMA during the last week. The index is in an Uptrend Under Pressure with five distribution days. One distribution day will expire next week.

Global Focus Developed

Posted on January 29, 2021January 29, 2021 by Sandeeep N

Australia’s ASX All Ordinaries Index declined 1.7% this week. It closed below its 50-DMA for the first time since its retake in November first week. On Thursday, we shifted the index to an Uptrend Under Pressure from a Confirmed Uptrend as it declined below its 21-DMA and the distribution day count increased to five.

Global Focus Developed

Posted on January 22, 2021January 22, 2021 by Sandeeep N

Australia’s ASX All Ordinaries Index advanced 1.3% this week. It is trading constructively along its 21-DMA, close to its 52-week high. The index is in a Confirmed Uptrend with three distribution days, with one distribution day expiring next week.

Global Focus Developed

Posted on January 15, 2021January 15, 2021 by Sandeeep N

Australia’s ASX All Ordinaries Index declined 0.5% this week. It is consolidating constructively above its 21-DMA since December 2020. It added one distribution day and remains in a Confirmed Uptrend with six distribution days. Three distribution days will expire next week.

Global Focus Developed

Posted on January 8, 2021January 8, 2021 by Sandeeep N

Australia’s ASX All Ordinaries Index gained 2.5% this week. It is trading along its rising 21-DMA and closed slightly below its 52-week high. It added one distribution day and remains in a Confirmed Uptrend with five distribution days.

Global Focus Developed

Posted on December 31, 2020January 1, 2021 by Sandeeep N

Australia’s ASX All Ordinaries Index was down 1.0% this week. It closed slightly below its 21-DMA. It is in a Confirmed Uptrend with five distribution days with one day set to expire next week.

Global Focus Developed

Posted on December 24, 2020December 25, 2020 by Sandeeep N

Australia’s ASX All Ordinaries Index declined 0.1% this week. It is testing support along its 21-DMA and is in a Confirmed Uptrend with five distribution days.

Global Focus Developed

Posted on December 18, 2020December 19, 2020 by Sandeeep N

Australia’s ASX All Ordinaries Index gained 0.5% this week. It is trading above all key moving averages and is 4% below its 52-week high. It is in a Confirmed Uptrend with five distribution days and added two distribution days this week.

Global Focus Developed

Posted on December 11, 2020December 11, 2020 by Sandeeep N

Australia’s ASX All Ordinaries Index gained 0.3% this week. It is trading above all key moving averages and is 6% below its 52-week high. It is in a Confirmed Uptrend with three distribution days after adding two distribution days this week.

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