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
$1.35 |
Change
0.030(2.27%) |
Mkt cap ! $186.4M |
Open | High | Low | Value | Volume |
$1.32 | $1.37 | $1.32 | $409.2K | 303.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3843 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 7215 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3843 | 1.340 |
1 | 4900 | 1.335 |
1 | 1127 | 1.330 |
1 | 5973 | 1.325 |
2 | 4200 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.370 | 7215 | 2 |
1.380 | 11181 | 1 |
1.390 | 524 | 1 |
1.400 | 13000 | 2 |
1.420 | 20000 | 1 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.35 |
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Change
0.030 ( 1.83 %) |
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Open | High | Low | Volume | ||
$1.34 | $1.37 | $1.34 | 67215 | ||
Last updated 15.42pm 24/05/2024 ? |
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XRF (ASX) Chart |