{"id":61552,"date":"2025-04-26T08:23:46","date_gmt":"2025-04-26T08:23:46","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=61552"},"modified":"2025-04-26T08:23:46","modified_gmt":"2025-04-26T08:23:46","slug":"asx-weekly-market-indicators-3","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2025\/04\/26\/asx-weekly-market-indicators-3\/","title":{"rendered":"ASX Weekly Market Indicators"},"content":{"rendered":"
\n
\"Bull-Bear<\/div>\n
\"Stock<\/div>\n<\/div>\n

The dial on the left indicates bull or bear market status, while the one on the right reflects stock market drawdown risk.<\/p>\n

Bull\/Bear Market<\/h2>\n

The ASX Bull-Bear Market indicator is at 46%, signaling a bear market. Three of the six leading indicators signal risk-off, while the US bull-bear index remains at 40% (with a 40% weighting).<\/p>\n

\"Bull-Bear<\/p>\n

The ASX 200 Financials Index (XFJ) rallied to above its 50-week weighted moving average, but remains in a downtrend unless there is a breakout above the recent high at 9250.
\n\"ASX<\/p>\n

Stock Pricing<\/h2>\n

ASX stock pricing rose to 73.86 percent, compared to 67.85 two weeks ago and a high of 85.83 in February.<\/p>\n

\"Stock<\/p>\n

The Stock Pricing indicator compares stock prices to long-term sales, earnings, and economic output to gauge market risk. We use z-scores to measure each indicator’s current position relative to its history, with the result expressed in standard deviations from the mean. We then calculate an average for the five readings and convert that to a percentile. The higher that stock market pricing is relative to its historical mean, the greater the risk of a sharp drawdown.<\/div>\n

Conclusion<\/h2>\n

The ASX bull-bear indicator signals a bear market, while the risk of a significant drawdown remains high.<\/p>\n

Acknowledgments<\/h4>\n