29M.AX 29M
29M (29M.AX) trend channel, buy level and 3-month target on Trade The Path. Listed on Australian Securities Exchange. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
In the sell zone
Price has run up to the upper trend line — the level it has repeatedly stalled at.
Read from the last 3 years of history we hold: falling, drifting −20% a year. The nearest ceiling overhead is A$0.4046. What would overturn this: a close below A$0.1941 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 3 years read from
- A$0.1941 – A$0.4046 Falling channel, −20% a year
- Position in that channel
- 87% 0% at the floor, 100% at the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (3 years)
- Lower trend line (3 years)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because price has already run past what this setup aims at, so there is nothing left of the move to buy. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy at or below
A$0.1931
level as at 17 Sept 2026
Our target
A$0.3775
by 16 Dec 2026
Projected move
95.5%
gross, before costs
Price is at or through our target.
- Upper line touches
- 3
- Lower line touches
- 4
- Fit confidence
- 25%
- Fitted
- 31 Aug 2026
Company information
Fundamentals are not available for this instrument from the current data provider.
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.