BLX.ASX_Retracement Trade_LongENTRY: 3.02
SL: 2.47
TP: 3.39
- ADX>20
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI -ve. But turning positive.
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Retracement to 50% fib. level and rebounded today with high volume green candle.
- Possible buyers coming back in today.
0.14AUD
33.64 MAUD
312.44 MAUD
81.45 M
About BEACON LIGHTING GROUP LIMITED
Sector
Industry
CEO
Glen Robinson
Website
Headquarters
Mulgrave
Founded
2013
ISIN
AU000000BLX0
FIGI
BBG0065XJC10
Beacon Lighting Group Ltd. engages in the sale of lighting, ceiling fans, and light globes. It offers pendants, table lamps, floor lamps, ceilings fans, chandeliers, exteriors, globes, downlights, wall lights, and solar panels. The company was founded in 1967 and is headquartered in Mulgrave, Australia.
BLX.ASX Cyclical Short Trade BeginningA broken clock is right twice a day, and an under performing lamp warehouse has a rerate every 1 and a 1/4 years. There is a heavy down trend that has begun since this thing appreciated after its IPO. since then there has been a cyclical run of price drops like clock work. These are more like zones
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Frequently Asked Questions
The current price of BLX is 2.76 AUD — it has decreased by 4.50% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange BEACON LIGHTING GROUP LIMITED stocks are traded under the ticker BLX.
BEACON LIGHTING GROUP LIMITED is going to release the next earnings report on Aug 14, 2024. Keep track of upcoming events with our Earnings Calendar.
BLX stock is 4.71% volatile and has beta coefficient of 0.28. Check out the list of the most volatile stocks — is BEACON LIGHTING GROUP LIMITED there?
One year price forecast for BEACON LIGHTING GROUP LIMITED has a max estimate of 3.22 AUD and a min estimate of 2.32 AUD.
BLX earnings for the last quarter are 0.09 AUD whereas the estimation was 0.10 AUD which accounts for −6.63% surprise. Estimated earnings for the next quarter are 0.08 AUD. See more details about BEACON LIGHTING GROUP LIMITED earnings.
BEACON LIGHTING GROUP LIMITED revenue for the last quarter amounts to 147.30 M AUD despite the estimated figure of 150.00 M AUD. In the next quarter revenue is expected to reach 165.10 M AUD.
Yes, you can track BEACON LIGHTING GROUP LIMITED financials in yearly and quarterly reports right on TradingView.
BLX stock has fallen by 7.69% compared to the previous week, the month change is a 4.50% fall, over the last year BEACON LIGHTING GROUP LIMITED has showed a 48.39% increase.
BLX net income for the last quarter is 18.05 M AUD, while the quarter before that showed 12.57 M AUD of net income which accounts for 43.57% change. Track more BEACON LIGHTING GROUP LIMITED financial stats to get the full picture.
Today BEACON LIGHTING GROUP LIMITED has the market capitalization of 655.56 M, it has decreased by 2.60% over the last week.
BEACON LIGHTING GROUP LIMITED dividend yield was 5.57% in 2023, and payout ratio reached 55.15%. The year before the numbers were 5.28% and 50.99% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, BLX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BEACON LIGHTING GROUP LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So BEACON LIGHTING GROUP LIMITED technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating BEACON LIGHTING GROUP LIMITED stock shows the buy signal. See more of BEACON LIGHTING GROUP LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on BEACON LIGHTING GROUP LIMITED future price: according to them, BLX price has a max estimate of 3.22 AUD and a min estimate of 2.32 AUD. Read a more detailed BEACON LIGHTING GROUP LIMITED forecast: see what analysts think of BEACON LIGHTING GROUP LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BEACON LIGHTING GROUP LIMITED EBITDA is 56.95 M AUD, and current EBITDA margin is 27.18%. See more stats in BEACON LIGHTING GROUP LIMITED financial statements.