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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Charted on a log scale, XRF’s share price history lends itself...
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Last
$1.52 |
Change
-0.005(0.33%) |
Mkt cap ! $211.9M |
Open | High | Low | Value | Volume |
$1.53 | $1.53 | $1.48 | $133.3K | 89.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13 | $1.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.52 | 9999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13 | 1.515 |
1 | 200 | 1.480 |
1 | 6782 | 1.475 |
1 | 1398 | 1.460 |
6 | 5402 | 1.450 |
Price($) | Vol. | No. |
---|---|---|
1.520 | 9999 | 1 |
1.530 | 347 | 1 |
1.540 | 10649 | 3 |
1.545 | 22727 | 1 |
1.550 | 25100 | 2 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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