Depends on your investment horizon. In the short term you're right, but in the medium-long term the SP will converge to the fundamental value.
But lets be honest, both technical and fundamental have their pros and cons, and neither is 100% correct all the time.
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A2M
the a2 milk company limited
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0.51%
!
$7.80

TA price target 1.06 A2M, page-83
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Last
$7.80 |
Change
-0.040(0.51%) |
Mkt cap ! $5.676B |
Open | High | Low | Value | Volume |
$7.79 | $7.84 | $7.78 | $955.1K | 122.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 5272 | $7.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.79 | 1911 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 7387 | 7.780 |
8 | 12875 | 7.770 |
9 | 13056 | 7.760 |
13 | 12611 | 7.750 |
9 | 18698 | 7.740 |
Price($) | Vol. | No. |
---|---|---|
7.790 | 2259 | 7 |
7.800 | 4884 | 13 |
7.810 | 4405 | 9 |
7.820 | 14191 | 13 |
7.830 | 9035 | 8 |
Last trade - 10.36am 26/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |
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