For short-term high returns in Australian shares, we focused on stocks with these characteristics:
- Strong Recent Gains
- 1-Week Percentage Change > 10%
- 1-Month Percentage Change > 20%
- High Volume Activity
- Positive Price Momentum
- Closing Price > 5-Day Moving Average
- 5-Day Moving Average > 10-Day Moving Average
Unfortunately, no results were found that match these criteria12. This might indicate that either the market conditions are not currently meeting these high-performance thresholds, or there are no stocks that have sustained such strong momentum over a short period.
If you're looking for other Australian shares with high-return potential, you might consider adjusting the criteria to reflect slightly lower thresholds or exploring stocks in related sectors that are performing well. For example, if the technology sector is experiencing high growth, focusing on Australian tech stocks could increase the likelihood of finding suitable investments.
Remember, while short-term investments can be attractive for quick returns, they also come with higher risks, including the risk of price volatility and the potential for losses. It's important to ensure that any investment strategy is aligned with your risk tolerance, investment goals, and financial situation.