Massive volumes going through the last few days. Profit taking and I guess funds buying before it joins 200 next week.
I have noticed before with this stock that once the selling pressure stops it pops until it hits another sellers target.
I also suspect people were waiting to hit the trigger and when the big sellers came in it flushed out others wanting to take profits.
I think it needs to find a home where it is comfortable to trade at. Its probably around here somewhere.
Just my thoughts.
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MFG
magellan financial group limited
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0.78%
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$10.75

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Last
$10.75 |
Change
-0.085(0.78%) |
Mkt cap ! $1.852B |
Open | High | Low | Value | Volume |
$10.76 | $10.84 | $10.68 | $1.369M | 127.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 52 | $10.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.75 | 703 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 406 | 10.750 |
10 | 1016 | 10.740 |
13 | 1414 | 10.730 |
10 | 3344 | 10.720 |
9 | 5891 | 10.710 |
Price($) | Vol. | No. |
---|---|---|
10.760 | 629 | 15 |
10.770 | 2353 | 18 |
10.780 | 1379 | 10 |
10.790 | 2345 | 13 |
10.800 | 3796 | 8 |
Last trade - 14.29pm 07/08/2025 (20 minute delay) ? |
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MFG (ASX) Chart |