Technical View
With an increase in US-sourced revenue, CPU is another stock that should benefit from further gains in the US market.
We last reviewed CPU in mid-March, placing a Buy recommendation and an $11 target on the stock.
It has just overshot our target level and looks destined to advance further.
Momentum remains positive and volume has improved dramatically over the past few months. Both point to continued upside.
The price action since the February high can be construed as an ascending triangle. If this interpretation is correct, then the stock can move towards the $12.50 area.
We maintain the BUY recommendation.
Technical ViewWith an increase in US-sourced revenue, CPU is...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$36.74 |
Change
-0.380(1.02%) |
Mkt cap ! $21.20B | |||
| Open | High | Low | Value | Volume |
| $36.65 | $36.88 | $36.33 | $12.09M | 330.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 396 | $36.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.75 | 252 | 15 |
View Market Depth
| Last trade - 13.43pm 11/09/2025 (20 minute delay) ? |
| CPU (ASX) Chart |