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
$1.36 |
Change
0.000(0.00%) |
Mkt cap ! $184.3M |
Open | High | Low | Value | Volume |
$1.38 | $1.38 | $1.34 | $13.64K | 10.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 6574 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 8476 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 6574 | 1.335 |
3 | 7700 | 1.330 |
1 | 415 | 1.325 |
3 | 17750 | 1.320 |
2 | 76001 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.360 | 8476 | 2 |
1.365 | 2328 | 2 |
1.370 | 327 | 1 |
1.385 | 4247 | 1 |
1.395 | 43968 | 1 |
Last trade - 11.22am 28/06/2024 (20 minute delay) ? |
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XRF (ASX) Chart |