Full disclaimer - I've commenced building a long-term position lately and will continue to monitor for further opportunities.
I recall when the intelligent Investor released a broker note on MFG back in December 2021 with BUY < $45.. watched this stock since and it's astonishing to see what's happened.
I don't usually peruse monthly charts too often but this one piques the interest. I just can't help but feel that in 3-5 years time, you might be looking back at the one opportunity there was to accumulate <$9 - and it was in 2023.
Monthly:
.
Monthly RSI has been smashed down to oversold for the best part of 18 months.The weekly chart is also interesting - after the RSI went into way oversold in early 2022, it's been rising steadily since while the share price has continued to tumble - until only recently where a few things are starting to suggest a base may be forming including the very recent 50/200 cross on the weekly.
Weekly:
Daily:
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- At what point does one consider accumulating?
MFG
magellan financial group limited
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1.11%
!
$10.66

At what point does one consider accumulating?
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Last
$10.66 |
Change
-0.120(1.11%) |
Mkt cap ! $1.833B |
Open | High | Low | Value | Volume |
$10.57 | $10.66 | $10.24 | $14.85M | 1.416M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104 | $10.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.68 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104 | 10.570 |
1 | 2000 | 10.520 |
1 | 10000 | 10.500 |
2 | 102000 | 10.420 |
1 | 500 | 10.400 |
Price($) | Vol. | No. |
---|---|---|
10.680 | 2000 | 1 |
10.700 | 481 | 1 |
10.750 | 2 | 1 |
10.770 | 45 | 1 |
10.780 | 522 | 2 |
Last trade - 16.10pm 21/08/2025 (20 minute delay) ? |
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NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, MD & CEO
Michael Thurn
MD & CEO
SPONSORED BY The Market Online