MFG
Financials
Price/book - 3.8 (well under historical average of approx. 10)
P/E - 12.1 (extremely low historically speaking)
EPS - 1.45 (ahead of forecast even after today)
ROE - 26.7% (better than MQG)
Debt/equity - 1.4% (anything under 2.5 is a steal)
Dividend yield: 11.67% currently
Chart
WeeklyEnormous gap from $28.90-$24.35. Outside of bollinger bands and well below 9 day ema. Expect bands to begin contracting by Wednesday this week which will lift price back toward 9 day ema. RSI has never been as low as 17.92 on the weekly chart. This is beyond oversold.
127.2% Fibonacci support level sits at $20.34. Should test this tomorrow and bounce from there this week imho.
Hourly
Rounded bottom pattern starting to form, 9 day ema at $22.03. RSI is...10.96 and well below buy signal of 30. Buyers stepped up this afternoon. MACD turning and will cross later this week.
Friday's close will provide a strong indication of insto appetite going into next week. I expect it to be $24 by then.
All imho & dyor
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Last
$9.79 |
Change
0.060(0.62%) |
Mkt cap ! $1.773B |
Open | High | Low | Value | Volume |
$9.81 | $9.83 | $9.71 | $1.123M | 114.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1370 | $9.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.80 | 1677 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1395 | 9.790 |
13 | 2196 | 9.780 |
13 | 2815 | 9.770 |
14 | 6193 | 9.760 |
8 | 1340 | 9.750 |
Price($) | Vol. | No. |
---|---|---|
9.800 | 1590 | 27 |
9.810 | 4944 | 17 |
9.820 | 1724 | 12 |
9.830 | 7473 | 16 |
9.840 | 8011 | 9 |
Last trade - 13.09pm 26/07/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |