| ATAA Blast! Newsletter #193 – August 2026 | Dear ~~first_name~~
Here's the latest edition of the ATAA Blast! Newsletter, with the very latest new ATAA news. We do hope you find the content useful, and interesting. Feel free to send us feedback because we are always looking for ways to improve things. | In this Blast! edition you can see the following, with links for an easy and speedy go-to to the relevant section below:
- ATAA National President's Update for this month, and an Executive Summary from the recent board meeting, to help keep members informed of what the board has been talking about.
- The latest ATAA Website Resource Library updates for the last two months, including uploaded speaker presentation slide decks, and video recording of the presentation.
- Update from the national board - on a couple of topics.
- Trading Expert Series update (formerly known as the National Speaker Series) of online presentations - we've already had four over the last year, and recordings are up in the ATAA Resource Library. The last one was held in early April, and the series is on hold for a couple of months, until after the ATAA Online Conference. See more details below.
- ATAA Conference - The upcoming ATAA 2026 online conference is now very close - less than 2 weeks - and registrations are now open! Make sure to register so that you can access the recordings
- Updates from the ATAA Chapters and SIGs: Included below are updates for some Chapters and SIGs. Information below also includes the RealTest Coders Online Workshop, and some chapters.
- IFTA 2026 Conference (London) and IFTA information update: The IFTA 2026 conference will be in London in October (see details below). In case you missed it recently last, the latest information from IFTA including details about the IFTA Journal that is available to download - a monster edition jam packed with a lot of useful information.
- TECHNICAL ANALYSIS article - This month I am challenging you to tell us the "Best performing ASX security in the week of 27-31 July 2026". The article below includes some technical analysis discussion about a stock that I have found. But you have probably found a better performing one. Feel free to access the ATAA website Discussion Forum (you will need to login to the website), and tell us what you've found.
- And another thing - About ATAA emails and to beware the spam emails.
- Detailed benefits for ATAA members. Just in case you are missing something with your membership.
| I do hope you find this Blast! newsletter useful and interesting reading; but do feel free to tell us what you really think, and how we can improve it.
Robert B Brain
Blast! Newsletter Editor
ATAA Marketing Director
(and ATAA Life Member)
| Our Tag Line:
The ATAA is the knowledge network
for successful financial market
trading and investing
|
From the President's Desk – August 2026
Our Online Conference on the 22nd of August is now just around the corner, and I'm very pleased with the program we have put together. Under the theme “The Trading Edge: Where Mindset, Strategy and Analysis Converge”, we have five speakers covering different aspects of trading and investing, together with the support of three conference sponsors. If you haven't registered yet, there is still time, and I hope many of you will join us for what should be an informative and enjoyable day. Full program and registration details are available on the 2026 Online Conference page.
Another initiative beginning to take shape is the ATAA's new Substack. We've started publishing articles drawn from our extensive collection of educational material accumulated by the Association over many years, bringing some valuable older content back to life in a refreshed format, and making it accessible to a new audience. This includes articles from the early ATAA Journal, much of which is as relevant as ever. This venture is still very much in its early stages, but it has considerable potential. I encourage you to explore the ATAA Substack and subscribe to receive new articles as they are published.
I'm also pleased that the Board has approved a new $20 student membership. We would like to encourage more younger people to become interested in the markets and involved with the ATAA, and we don't want the cost of membership to be a barrier for students who would like to join. The next step will be getting the word out to universities, TAFEs and student groups and encouraging more students to become part of the ATAA community.
Finally, a reminder that our AGM will be held on the 18th of November. We welcome members who would like to contribute more directly to the future of the Association to consider nominating for the Board. If you're interested and would like to know what's involved, please feel free to speak with me or any of our current directors (there's a list of directors on the website: ATAA Overview > Presidents and Directors).
For now, though, I hope to see many of you at our Online Conference on the 22nd of August.
Jim Haralambidis
ATAA National President
| Executive Summary – ATAA Board Meeting (August 2026)
The ATAA Board met online on Tuesday 4th August to review current activities and progress on a number of initiatives, including.
- With the Online Conference on the 22nd August rapidly approaching, the Board received an update on final preparations. The speaker program is in place, three sponsors have been confirmed, and promotional activity is continuing across email, social media and other channels.
- The Board also reviewed the initial setup and development of the ATAA's new Substack, which is now live and beginning to feature articles adapted from the Association's extensive archive of historical educational material. This initiative is intended to make greater use of existing ATAA content and introduce the Association to a wider audience. Members can visit and subscribe to the ATAA Substack page.
- A new student membership fee of $20 per year was approved, with new members joining under this category having non-voting status. The initiative is designed to make it easier for students to become involved with the ATAA and develop an ongoing interest in trading, investing and technical analysis. Planning for the promotion of the new membership category will now commence.
- Work is also progressing on a comprehensive review and update of the ATAA Constitution and Board Policies to ensure they reflect current requirements and good governance practice. Proposed Constitution updates will be provided to members ahead of the AGM in November.
- The next Board meeting will be held on Tuesday 1st September.
| It's only one week until the ATAA National Conference (online this year). There is so much information that the speakers will be sharing, and it's not that expensive, really. See more details and the Registration link further down this Blast news.
Robert B Brain (ATAA director)
| ATAA 2026 AGM - Save the date NOW! Wednesday 18 November 2026, online. The 3-year term for some directors will be up, requiring them to retire or re-nominate. There are some vacancies on the national board. If you have some ideas, or would like to help steer the ATAA for the next year or two, then look out for the Director Nomination forms which will be due to be submitted about a month before the AGM. Stay tuned for more details. Meanwhile you can download the Director Nomination From from our website here.
Robert B Brain (ATAA director)
| How big? Would you trade this? - Did you know that there are currently more than 2,300 "securities" listed on the ASX, including more than 460 ETFs. The largest security by market capitalisation is currently BHP ($322 billion) closely followed by CBA ($291 billion). At the other end of the market cap scale, one of the smallest securities which has been trading recently is MEL ($0.48 million) or VOLT ($0.5 million). Of course, the market cap potentially changes each day as the share price changes. Would you trade a stock with a market cap of only $500,000? And which trades about $13,000 to $20,000 in value on average each week? If so, what position size would you trade?
Robert B Brain (ATAA director) | The ATAA Meetings - Chapters and SIGs - For anybody visiting our ATAA website and looking for information about our regular in-person and online meetings, we now have a dedicated web page. It is brand new, and we are hopeful that the information is current. But if it isn't, please let us know and we will update it. You can see the web page from the ATAA website main menu: Meetings > Chapter & SIG info. A screenshot of a portion of the web page is shown below. Also, if you want to advertise your chapter or SIG meeting on Eventbrite (to improve the public visibility), see the notes in the July edition of the Blast.
Robert B Brain (ATAA Marketing and Member Services director) |  | ATAA Website Resource Library Updates - recordings July 2026
HUGE and FANTASTIC RESOURCE for members – Our ATAA Resource Library now has many presentations and recordings going back to 2008, as well as hundreds of technical journal articles in the ATAA Journals. You can drill down on these using the website menu: Resources > Presentations by Date.
An alternative way to find something specific on a particular topic is to search the library using the menu option: Resources > Search Resource Library.
The materials recently added to the Resource Library include chapter presentations and the latest Trading Expert Series speaker:
- Tuesday 21 July -STANZ Online Meeting
- Adam Burden - "Selling Put Options for Income in High Volatility Markets"
- Tuesday 21 July - Canberra Chapter meeting
- Phil Johns - "AI: There is still nothing new in Trading".
- April Trading Expert Series:
- Sat 11 April: Marsten Parker (RealTest) - "Systematic Strategy Development in the Age of AI".
All of these items can be found from the ATAA website menu: Resources > Presentations by Date. Make sure to browse the earlier recordings in the Resource Library, because you never know what you've been missing. And you can also search the Resource Library by keyword. If your local chapter or SIG has a video recording, or a (PowerPoint) slide deck of a recent session, then it can also be added to our library collection. | ATAA huge resource - searching the website: In case you missed this last month, many of our members are aware that the ATAA website contains a huge amount of great resources on the subject of technical analysis and the markets\, and sometimes it can be difficult to find exactly what you're looking for. We've added a new feature to facilitate your searching of the website. It is a Google-powered AI search. You can find it from the menu option: Resources > Google-AI Website Search. Try it now. Go to that web page, and type it a keyword or two.
Robert Brain (ATAA Marketing and Member Services Director) |
ATAA National Board updates
| | | ATAA Value Proposition: In case you missed this recently, the national board recently adopted a Value Proposition statement for the ATAA. If anyone asks you what the ATAA is, you can tell them, and you can use it in your own correspondence and advertising:
The ATAA is Australia’s leading independent community
for people who want to learn how to
trade and invest using market analysis.
Whether you’re just starting out or building confidence,
the ATAA gives you clear education, real-world insights,
and a supportive community,
helping you understand the markets, avoid common mistakes,
and make better trading decisions.
Robert Brain (ATAA Marketing Director) | ATAA Trading Expert Series – Markets, Models and Mindsets | ATAA's Trading Expert Series presented Marsten Parker in April
"Systematic Strategy Development in the Age of AI"
Our most recent event in the “Trading Expert Series” was held on 11th April with Marsten Parker of RealTest, exploring the use of agentic AI to supercharge trading strategy development productivity. The live event was very well attended by both members and non-members, and the recording of the session on YouTube has received over 1.4K views – our best performing recording in this series to date. Following this event, the NSWG will make way for the ATAA Online Conference in August. We then plan to run another Trading Expert even in November.
About the Speaker – Marsten Parker has traded his own account for a living since 1998, following a 14-year career as a software engineer. He initially trained as a concert violinist before switching to computer programming, founding and selling a software company before turning to trading full-time. Parker is the only purely systematic trader featured in Jack Schwager's Unknown Market Wizards — the fifth book in the iconic Market Wizards series — where his long-term track record is documented in detail. A defining characteristic of Marsten's approach is what he calls his "Spirit of Experimentation" — a persistent willingness to question, iterate, and improve. RealTest has evolved alongside his trading practice over more than two decades as his primary strategy research tool, and today serves a growing community of systematic traders worldwide as a purpose-built backtesting and portfolio simulation platform.
| ATAA Conference Working Group Update |  | ATAA 2026 National Online Conference
The Trading Edge: Where Mindset, Strategy & Analysis Converge
Saturday 22nd August 2026 | 10:10am to 6:00pm AEST
This year’s conference theme, "The Trading Edge: Where Mindset, Strategy & Analysis Converge", explores why you need more than just a chart to succeed. It offers a practical look at how balancing a clear mindset with robust strategies and careful analysis helps you navigate the markets with greater confidence. Mastering these three pillars is a powerful way to improve your performance and maintain a lasting edge.
The ATAA conference committee has organised for five expert speakers to share how they apply these principles to their own trading. Their presentations will delve into everything from market strategy and technical analysis to the psychological tools required for consistency. It is a fantastic opportunity to learn from their experience and gain actionable insights to enhance your own trading routine.
Registration is open now.
ATAA Members: $99 | Non-members: $199
Registration includes up to 3 months of complimentary ATAA membership for non-members.
Meet our Speakers: | | Tom Basso
Retired hedge fund manager and
"Mr Serenity".
| | | | David Bush
Quantitative trader and Sharpe Ratio champion.
| | | | Mandi Rafsendjani
Trading psychology and mindset expert.
| | | | Keith Glennan
Algorithmic developer and
system researcher.
| | | | Colin Simpson
Mentor in Shares and
FX market systems.
| | |
Conference Registration is open now.
ATAA Members: $99 | Non-members: $199
Registration includes up to 3 months of complimentary ATAA membership for non-members.
Looking forward to seeing you on the 22nd of August!
Alan Clement
ATAA Director | Why join the ATAA? (our value proposition)
The ATAA is Australia’s leading independent community
for people who want to learn how to
trade and invest using market analysis.
Whether you’re just starting out or building confidence,
the ATAA gives you clear education, real-world insights,
and a supportive community,
helping you understand the markets, avoid common mistakes,
and make better trading decisions.
| CHAPTER and Special Interest Group (SIG) news and updates
| ATAA Chapters, SIGs and Network groups
For the benefit of ATAA members everywhere, the ATAA has a number of: Chapters, and Special Interest Groups, and Network Groups. Current financial members are free and welcome to participate in any of these. We are hopeful that all of these groups will submit some information for publication in the Blast! News from time to time, to help our hundreds of readers understand more about the opportunities and benefits for ATAA members.
For the latest meeting information, check the ATAA website for details, and also scroll down the website home page to see the latest announcements, presentations and updates to the resource library.
| | ATAA Chapters (alpha order) meeting monthly
- Adelaide
- Brisbane
- Canberra
- Melbourne
- Perth
- Sydney
| | SIGs and Networks (and contact names)
- Melbourne Quant SIG (Mohamed Nasher)
- RealTest Coders (online) Workshop (Chris Meakin, Robert Grigg)
- MetaStock Users SIG (Jerry Bongard)
| | |
The Canberra Chapter continues to meet monthly. Remember to bring your portfolio selection to our next meeting. If you would like to enter the portfolio competition and cannot make it to the meeting, send your selection to gabriel.spacca@ataa.asn.au.
Good trading and good health.
Mark Gleeson
(ATAA Canberra Chapter President)
[The Canberra Chapter generally meets on the third Tuesday each month.]
| | RealTest Coders online Workshop
latest news | | |
July’s RealTest Coders workshop (operating under the Melbourne Quant SIG) was very well attended with 28 registrants and 21 participants. The meeting was a presentation by Adrian Reid and Alan Clement on Crypto trading, and the recording can be found on the ATAA website here: on the ATAA website here.
The next meeting (to be held on Monday, the 10th of August) will be an open discussion on Mohamed Nasher’s variation of the XTO rotational strategy.
Come along to any of our sessions with any ideas or critical challenges. The meetings are aimed at competent users of RealTest, but new users and intending users are more than welcome to join. A number of participants have also formed small ‘coding buddy’ groups (2-4 users) to develop and code up strategies collaboratively.
[Usually meets online on the second Monday of the month.] | At our August meeting later this week we are looking forward to Gary Burton speaking to us in the room (not online) about "Technical Swing Points for Entry and Exit Strategies". And Alan Clement will deliver his "Global Markets Quarterly technical Outlook". It's best if you attend in person, and take advantage of the free finger food during the networking session before 6pm.
As a reminder, the benefits of meeting in-person include:
- Invaluable networking (or "common gossip") from 5.15pm to 6pm (including free finger food),
- The interactions in the room during the broadcast session 6-8pm, and
- Further networking and guest speaker mingling over dinner after 8pm.
Don’t forget that public transport (tram) runs past the hotel front door, the train station is only 700m away, and there is ample car parking around the corner and nearby. And if you see any of our committee/council members below, please thank them for their invaluable contributions in helping to run our hybrid meetings, and make sure that we get a quality video recording to edit and upload to the ATAA Resource Library on the website.
Robert Brain
ATAA Melb Chapter President and interim Secretary
(for the Council team: Paul Ash, Jim Haralambidis, Keith Mundy, Tony Hambling, Tony Leonard, Robert Grigg, Mohamed Nasher). | We have a total of six chapters around Australia, as well as several Special Interest Groups (SIGs) in which members can participate. You can see a list of the six chapters and their office-bearers on the website - use the menu option: ATAA Overview > Current Office-Bearers > Chapter Councillors > Subcommittees. See the ATAA website for latest meeting and event details.
- Adelaide Chapter - Generally meets in-person on the third Wednesday of the month.
- Perth Chapter - Generally meets on the third Thursday of the month.
- Brisbane Chapter - Generally meets on the second Saturday of the month.
- Sydney chapter - Generally meets on the third Monday of the month.
- MetaStock Users SIG - Contact Jerry Bongard, jerry.bongard@ataa.asn.au
- RealTest Coders Workshop (sub-group of the Quant SIG) - Meets online, generally on the second Monday of each month at 8:00 pm. EST (to give members in western states a better chance of attending). SIG Coordinators: Chris Meakin and Robert Grigg.
| IFTA 2026 Conference in London -
London Calling! The next Wave in TA. The conference expert speakers will share their perspectives on how technical analysis should evolve to respond to the dynamic global trading landscape we are all experiencing. As an international gathering of technical analysis professionals and thinkers, the conference offers extensive networking opportunities. IFTA 2026 is an opportunity to meet our fellow IFTA member association colleagues.
See conference details on the IFTA website: https://www.ifta.org/ifta-2026-conference. | IFTA Update Newsletter - The IFTA Update is a quarterly newsletter, reaching more than 7,000+ IFTA colleagues worldwide. It is a great tool for communicating and advertising to the technical analysis community worldwide. The June issue should be available very soon, but the March 2026 issue (Vol 33 Issue 1) can be downloaded here (this PDF is 13 pages and 6.5MB). In this issue:
- President's Report to Colleagues
- Member News
- IFTA 2026 Conference
- Congratulations New CFTes
- Congratulations New MFTA
- In Memoriam
- IFTA Journal Call for Submissions
- and more
| About IFTA (International Federation of Technical Analysis) - It is the umbrella organisation for Technical Analyst societies around the world. See a list of IFTA member societies in the IFTA Update Newsletter.
IFTA webinars: See the latest information about up-coming and past webinars on the IFTA website. | IFTA Journal (26)
In case you missed it recently, the 2026 IFTA Journal is available for you to download from the IFTA website here. (It's 88 pages and 22 megabytes in size - quite large).
"There is no old or new technical analysis. But there are new ideas that can be adopted without discarding the old, cherished approaches. Perhaps the textbooks need to be thicker, or the body of knowledge broader. Because our world just keeps on turning. But it can also be fun and broaden your own horizons."—Dr. Rolf Wetzer, CFTe, MFTA, Journal Editor
”Markets are never wrong – opinions often are.”—Jesse Livermore
Inside this issue:
- MFTA Papers
- Articles (several, including: Stochastic, Prediction is Difficult, GSR Bands)
- Book Review - "The Intelligent Fund Investor" by Joe Wiggins, reviewed by Regina Meani.
| | | IFTA and ATAA members - ATAA members are automatically affiliate members of the International Federation of Technical Analysts. ATAA membership gives you access to IFTA resources including: certification programs, educational events and networking opportunities, including participation in the IFTA Conferences. The information below is the latest update from IFTA.
IFTA Update (quarterly newsletter) - The IFTA Update is a quarterly newsletter that is available to members of the ATAA. | The ATAA Elevator Pitch:
Join the ATAA to improve your understanding of how to
invest or trade successfully in the financial markets
focusing on the correct use and application of Technical Analysis
(if someone asks you what the ATAA does, simply tell them this) | |
TECHNICAL ANALYSIS
and Trading/Investing Tips
| | | The best performing security in late July 2026? | The purpose of this article is to encourage you to find the best performing ASX security in a recent 5-day week, and to quantify its performance, and then further consider using technical analysis methods whether it might have been a buy at the time.
The challenge for you:
Identify any ASX security that you have found and which has performed very well in a specific and recent week. In particular the following very specific 5-day period: the last full trading week with all five days within the previous calendar month (ie. if we are now in August, the last full week in July: 27-31). And tell us the following:
- How did you find this security (eg. using a market/BC scan?);
- Quantify its share price performance over the calendar week;
- Would you have been tempted to invest in it at the end of that week?
- In hindsight now, with more price data available, was it worth trading/investing?
Price charts of two possible securities are shown here: |  | Disclaimer:
Firstly, it must be stated that the observations and interpretations shown in this article are those of the author, and they are not recommendations for action of any sort. This material is for information and education only. And it is possible that your own interpretation might vary from those of the author (which might be incorrect on purpose), in which case feel free to send feedback to the author for consideration.
Introduction:
If you are interested in share market price charts, then this article could be of interest to you. If you are a trend trader, and looking for a security with up-trending share price, you might want to identify one very early in its uptrend – and this article will be of great interest to you.
“Security” versus “stock/shares” – The ASX securities exchange includes more than 2000 ‘securities’, most of which are ‘shares’, but many are not. These days there are many ETFs (more than 450 at last count) which are technically not stocks (with shares), and when you buy/sell an ETF you are trading in units of the ETF and not shares. In addition there are more than 70 ‘unit trusts’ which are technically not shares either. So in this article I am referring to any of these by calling them all ‘securities’. Even so, there might be some interchange of terminology – such as the very commonly used term: ‘share price’.
How to identify a trending security
There are many ways to identify an uptrending share price. In this article I am keeping it simple, and looking for a security with a share price that has increased significantly over just one week – and a very particular week. And then I drill down and look at several technical analysis indicators. Mind you, there are smarter and better ways to find trending securities, but that complicates this exercise.
My plan is to do this exercise each month, and at least a couple of weeks after the focused week so as to avoid the appearance of recommending a purchase – the share price activity being studied could not be called “current price activity”. Besides, if we look at price charts that are more than a couple of weeks old, we are in a better position to quickly determine whether or not our analysis was correct or not. And in doing so, please remember that technical analysis is not a 100% accurate science. It is all about making observations about investor and trader behaviour, and trying to anticipate their future behaviour. So a win/loss ratio of 4 wins to 6 losses can still be successful – provided your losses are small and your winners can run. | Underlying selection criteria
In this exercise I am looking for the best performing share price in the following specific 5-day period: the last full trading week (Monday to Friday) in the previous calendar month, with all five days within the month. That is, if we are now in August, the last full week in July of 2026 is: 27th-31st.
I have run a market scan and found a lot more than 50 securities that meet this criteria. And I have chosen two to show you here – CNB and BRG (see their price charts and weekly performance in the charts above). Many traders/investors might see the price increase of the former of the week in question (54.7 per cent) and think that that is great. However, in the following analysis I will be focusing on BRG (up 10.9 per cent in the week of 27-31 July).
Conclusion (this is NOT a recommendation to buy):
Based on my personal analysis of this security’s price chart, in hindsight, I probably would have bought this stock on Monday 3 August.
Chart analysis – Support, Resistance and Simple Trend |  | In the weekly (line) price chart shown here, we can see that the share price at the end of the latest week is close to the peak of $32.50 back in February – a possible resistance level. But, on this weekly line chart we can’t see the range of the price in each trading day, which might be important and useful. So we should also look at the daily candle chart, just in case.
On this chart the sequence of Higher Peak and Higher Trough is apparent, and flags a rising trend. This is according to the Dow Theory that says an uptrend is in place if there is a higher peak and a higher trough, and the trend is in place until it is confirmed to be over.
The other thing to look for is a chart pattern. On this chart, the one pattern that is apparent would be a Rising Trend Channel – a pair of sloping lines with one sitting above the price and one below the price starting in March (and not shown).
Zoom out for a Bigger Picture
I often remind traders to zoom out the price chart – because the market is like an elephant. If we switch the chart to a Monthly period, and zoom out to show price data back to 2010, we will see a major long-term uptrend in place (not shown here – but you can generate one).
Chart analysis – Moving Average, trend and MACD
Note the following observations in the next price chart below.
The upper pane which shows candles now also has a 30-week EMA (dotted blue curve). That EMA has been mostly flat across the chart (down and up a little), and the vertical red line arguably indicates the week where it turned upward a little more than previously. Then it turned a little more upward in late July, and the latest weekly candle has risen strongly above the MA curve. [Remember that Stan Weinstein wrote about the 30 week SMA in his book, “Secrets for Profiting in Bull and Bear Markets”, 1988.] |  | The MACD indicator is shown in the bottom pane of the above price chart. Remember that the MACD (Moving Average Convergence Divergence indicator) can be used to assess share price momentum by measuring the relationship between two moving averages of a security's price (the standard values are 12 period and 26 period moving averages, and the well-known Linda Raschke uses the 3 and 10 period MAs instead).
Note that the MACD Line (the solid green line) was travelling well below its own Zero line until mid-June. However, the MACD Line crossed “Above” its Signal Line (the dotted red line) in early May – indicated by the vertical dotted green line. This is considered a strong buy signal.
Also note that in June and into July the MACD and its Signal Line both continued to move higher, and crossed above the MACD Zero line, indicating increasing share price momentum.
Chart analysis – Alan Hull Range+ and RSI
In the next chart, below, the shaded areas on the price pane are Alan Hull’s Range+ indicator. With the share price in the green Zone 3 (buy/hold) zone, through most of June and into July (except for one weekly candle in July), the observation is a buy signal. It is also bullish that the “top cord” of the indicator (the very top line), and also the central cord, are both indicating “higher peaks and troughs” across this chart, which is somewhat bullish. |  | Also included in the bottom pane of the price chart above is the RSI indicator (Relative Strength Index) which is a momentum indicator that measures the speed and change of price. It is used to identify over-bought or over-sold conditions, and is plotted on a scale from zero to 100.
In this chart the RSI is actually trending upward across the chart (April to July). The key horizontal thresholds are marked with dotted lines (over-sold in green at 30 and over-bought in red at 70). Some people prefer to use 20 and 80 instead of 30 and 70 – that’s fine. On this chart the RSI has crossed above the mid-point of 50 a couple of times, and at the far right end of the chart it is at the highest level on this chart and rising above 50. Some traders see this as a potential buy signal (noting that it is prudent to seek out at least two buy signals, and not rely on just one).
Conclusion
In the material above I have shared the weekly share price performance of BRG over the period from at least April 2026 until early August. It was up 10.9 per cent over the focus week of 27-31 July 2026. I found this stock by doing a market scan and looking for securities that performed well over that week. You can run a similar scan over any week that you choose, including the latest week. I then went on to study the performance of a couple of chart indicators, which all seemed to point to bullish conditions. The big question would be whether that performance can continue in the weeks that follow.
Other indicators
Just some other indicators not included in this discussion are:
• Volume
• GMMA
• ATR
• Momentum
• Money Flow, and Twiggs Money Flow
• Alan Hull’s ActROAR
• Williams AD
• Heikin Ashi Candles
• Ichimoku | In Closing - I have started a discussion thread in the ATAA Online Forum (Indicators and Charting). We would love to hear about your own experience. Tell us the best performing ASX security that you have found in the week of 27-31 July 2026. And tell us how much the share price increased, and how you found it.
Hoping this exercise has been useful for you.
Robert Brain | The ATAA Value Proposition Statement:
The ATAA is Australia’s leading independent community for people who want to learn how to trade and invest using market analysis. Whether you’re just starting out or building confidence, ATAA gives you clear education, real-world insights, and a supportive community, helping you understand the markets, avoid common mistakes, and make better trading decisions.
(if someone asks you why they should join the ATAA, then simply tell them this) | And another thing... About Emails | Before you unsubscribe:- Please note that if you ever unsubscribe from any of the ATAA emails, then unfortunately you will be unsubscribing for ALL ATAA emails. So please think carefully before hitting the Unsubscribe button.
Beware Spam emails! - On a different topic, one of our members emailed me recently to advise that he has been receiving more spam emails than usual. We all need to be very careful about the emails we receive these days because many of them are spam (unwanted and unsolicited), and they can contain sometimes hidden links to download suspicious or malicious software for nefarious purposes. The bottom line is to always be on alert to these attempted actions. | ATAA Member Perks and Benefits
| If you're not an ATAA member, and you are considering joining, you might be interested to know there are many good reasons to sign-up, including:
- Learn how to protect your hard-earned capital - using wise stock selection, and money and risk management ideas;
- Invaluable education opportunities (with discounts for members);
- Huge and extensive Resource Library (access for members);
- Networking opportunities - meet with like-minded peers for trading and investing discussions;
- Special Interest Groups (SIGs) (only for members) - there are several;
- News and information;
- Online Forums;
- Annual ATAA Conference (discounted for members).
| In Closing
I do hope you have found this edition of the Blast! Monthly News both interesting and useful. Feel free to send my any feedback - good or bad.
NOTES about this newsletter: The appearance of this email newsletter can be a little different depending on how you view it. In Google's Gmail the Gmail Inbox might show just a portion of this edition. At this stage I am not sure of the best way to work around this issue. And my apologies continue for any odd formatting that you might find which I cannot resolve - font size or line spacing etc - as these seem to be oddities in our CE email editor tool (there are probably odd HTML codes hidden behind the text, which we have not found yet). Every month when I prepare this newsletter, I spend ridiculous amounts of time fiddling around trying to make the line spacing consistent throughout, and the font sizes consistent; but it still turns out less than I would want it to.
Robert B. Brain
Blast! Newsletter Editor
| |