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
$1.30 |
Change
-0.035(2.63%) |
Mkt cap ! $178.8M |
Open | High | Low | Value | Volume |
$1.36 | $1.36 | $1.26 | $221.0K | 171.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 320 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 49371 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 320 | 1.280 |
5 | 7739 | 1.250 |
2 | 8471 | 1.240 |
1 | 4000 | 1.225 |
1 | 15000 | 1.220 |
Price($) | Vol. | No. |
---|---|---|
1.300 | 49371 | 1 |
1.320 | 5251 | 2 |
1.335 | 16400 | 1 |
1.350 | 4300 | 1 |
1.370 | 7124 | 2 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.28 |
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Change
-0.035 ( 3.76 %) |
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Open | High | Low | Volume | ||
$1.36 | $1.36 | $1.27 | 50337 | ||
Last updated 15.53pm 10/05/2024 ? |
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XRF (ASX) Chart |