Even after today's positive action, MFG is still the most oversold it has ever been.
Updated daily chart with 9/21/50/100/200 day exponential moving average targets on them. Price sits well below the 9 day ema at $24.12. The price should move here on a conservative basis in the short term. 21/50 day ema are reasonable 3 months targets imho.
The chart's do not lie.
There has not been a blue chip stock this cheap on the ASX since March 2020 imho.
Cheers.
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 (20min delay)
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Last
$8.41 |
Change
0.080(0.96%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $8.31 | $8.41 | $8.20 | $12.67M | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5667 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.41 | 15509 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |