Brambles shifted to Algo Engine sell conditions on 24 Feb, closing out a long position which had been in place for 672 days and generated a 78.40% return.
Today, we’ve seen Brambles dive 18.6 per cent – the most in 24 years – after it downgraded its 2026 fiscal year earnings guidance. It now expects underlying profit growth of 3 per cent to 5 per cent, compared to 8 to 11 per cent previously.
To create a free trial click here
Brambles is now on our watchlist following the correction from $15 down to $12.85
Brambles is among the best-performing stocks in our ASX top 20 model, after increasing 25.4% since being added on 3/10/22.
BXB delivered 3Q23 YTD sales growth (constant currency) of 15%.
Sorry, but this content is restricted to our members.
Please login with your account or register for a free trial. If your trial has expired, then you may renew it here.
If you are having an issue with your account, then please get in touch with us.
24/11 update: Brambles continues to find buying support.
14/11: BXB will likely form a higher low above the recent $10.88 pivot low. Watch the stochastic for a turn higher.
14/10 Update: BXB has built a series of higher low formations and has recently shifted to Algo Engine buy conditions.
14/11: BXB will likely form a higher low above the recent $10.88 pivot low. Watch the stochastic for a turn higher.
14/10 Update: BXB has built a series of higher low formations and has recently shifted to Algo Engine buy conditions.
14/11: BXB will likely form a higher low above the recent $10.88 pivot low. Watch the stochastic for a turn higher.
14/10 Update: BXB has built a series of higher low formations and has recently shifted to Algo Engine buy conditions.
14/11: BXB will likely form a higher low above the recent $10.88 pivot low. Watch the stochastic for a turn higher.
14/10 Update: BXB has built a series of higher low formations and has recently shifted to Algo Engine buy conditions.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
