Broker data for the past week:
Top buyers:
- Virtu ITG +$3.51M
- Canaccord Genuity +$3.36M
- Morgans +$3.25M
Top sellers:
- UBS Securities -$6.05M
- RBC Securities -$3.96M
- Commonwealth Securities -$2.49M
Here is the chart showing accumulation/distribution of shares by a group of retail investors (CommSec, AIEX, CMC Markets and Wealthhub) - they are selling.
If retail investors are selling, then pro investors are buying - this is a very strong indicator of sentiment.
This is how holdings of retail investors have been changing over the course of 3 years - strong negative correlation with price.
Here is accumulation by 7 investment banks combined - as you can see there is a recent pivot and they've switched from distribution to accumulation - however, their holdings are pretty small compared to what they had before.
Here is accumulation by Canaccord and Taylors.
(20min delay)