You have pointed out a " Trade " which is exactly my point . NAB is below the price it was in 1999 high , that my friend is a buy and hold dead duck with ZERO capital gains . Stick a linear regression on 20 years of NAB . it slopes down , i rest my case . Sure it has enough Beta to be a good trader but if you have bought this long term over that period you are underperforming the market . NAB is in a 20 year downtrend , why am i having this conversation its as clear as day and irrefutable
NAB Target Price $34 by June 2020, page-93
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 (20min delay)
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Last
$37.41 |
Change
0.170(0.46%) |
Mkt cap ! $115.6B | |||
| Open | High | Low | Value | Volume |
| $37.50 | $37.54 | $37.34 | $107.6M | 2.881M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $37.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.42 | 10206 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |