Charted on a log scale, XRF’s share price history lends itself to a pretty simple trend analysis.
Arguably the most important parameter is its overall +60% average annual capital growth rate, demonstrated by the trend channel established over the last six years. This aligns with fundamental growth in the business over that period.
That growth rate (+ franked dividend), while price remains above the lower limit of the channel, justifies a Hold without need for any trading concerns IMO. If it approaches the upper limit though, any breach of a medium-term trendline may require some thought. Breach of the lower limit of course would require a more serious decision.
Currently the SP appears to be nicely positioned relative to its historical long-term and medium-term movements.
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XRF Charts, page-41
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Last
$1.48 |
Change
-0.045(2.95%) |
Mkt cap ! $207.7M |
Open | High | Low | Value | Volume |
$1.53 | $1.53 | $1.48 | $124.5K | 83.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4421 | $1.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.49 | 6608 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4421 | 1.475 |
3 | 12861 | 1.465 |
1 | 1398 | 1.460 |
6 | 5402 | 1.450 |
1 | 694 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.490 | 6608 | 2 |
1.495 | 1000 | 1 |
1.500 | 3870 | 2 |
1.510 | 3476 | 1 |
1.520 | 10000 | 1 |
Last trade - 15.26pm 30/07/2024 (20 minute delay) ? |
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XRF (ASX) Chart |
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