Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The Australian stock market has experienced a slight decline of 1.2% over the past week, though it still shows a robust annual growth of 8.6%, with earnings expected to grow by 13% per annum. In this context, identifying undervalued stocks can offer investors potential opportunities for growth, especially when certain assets may not fully reflect their future earning capabilities in their current prices.
Amidst a turbulent week where the ASX200 shed gains to close lower, investors face a challenging landscape marked by sector-wide declines and volatile commodity prices. In such an environment, identifying stocks that appear undervalued relative to their intrinsic value could offer potential opportunities for discerning investors looking to navigate these uncertain market conditions.
Amidst a generally positive trend in the Australian market, with the ASX200 closing up and most sectors showing gains, investors are keenly observing shifts in various sectors influenced by global economic signals and local corporate developments. In this context, identifying stocks that appear undervalued becomes crucial, as they may offer potential for growth especially when aligned with broader economic movements and sector-specific trends.
SYDNEY & NEW YORK, June 24, 2024--James Hardie today released its Investor Day 2024 Presentation – Day Two Materials. This event is being held in New York, NY on Monday, 24 June 2024. Copies of this document are available on James Hardie’s Investor Relations website at ir.jameshardie.com.au.
The house-building product company's addressable end market is getting weaker.
A sluggish housing market is weighing on growth.
SYDNEY & CHICAGO, May 20, 2024--James Hardie Industries plc (ASX: JHX; NYSE: JHX), today announced results for its fourth quarter ending 31 March 2024.
James Hardie Industries plc ( ASX:JHX ) saw significant share price movement during recent months on the ASX, rising to...
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Before the sports world turns its attention to Detroit, today James Hardie (NYSE: JHX), America's leader in home building products, extended invitations to football legends Warren Sapp and Rondé Barber to tee it up in the inaugural James Hardie™ Pro Football Hall of Fame Invitational.