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.
XRF Charts, page-41
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Last
$1.59 |
Change
0.020(1.27%) |
Mkt cap ! $221.7M |
Open | High | Low | Value | Volume |
$1.58 | $1.59 | $1.58 | $297.7K | 187.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4174 | $1.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.59 | 30200 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4174 | 1.575 |
4 | 13950 | 1.570 |
1 | 1000 | 1.565 |
1 | 1000 | 1.560 |
2 | 15000 | 1.550 |
Price($) | Vol. | No. |
---|---|---|
1.590 | 30200 | 6 |
1.595 | 1120 | 2 |
1.600 | 20223 | 6 |
1.610 | 5023 | 3 |
1.620 | 340 | 1 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
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XRF (ASX) Chart |