What’s the Cobre Limited Volume being traded?

The Cobre Limited (CBE.AX) shows volume 2.41M being traded in the market.

What was the Cobre Limited price at day open today?

When the stock market opened today, Cobre Limited started trading at $0.305.

Is it possible to predict the market?

While no one can predict it with absolute certainty, investors and traders have tools at their disposal to make informed estimates about potential market movements. Techniques like technical analysis, including studying stock charts and interpreting trading signals, can provide insights into where the market might be headed.

Why Is Cobre Limited (CBE.AX) Stock Down Today?

Live update on CBE.AX's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

CBE.AX●ASX

Basic MaterialsIndustrial Materials

$0.32

$0.01(3.08%)

Australian Market opens in 16h 47m

Cobre Limited (CBE.AX)

Day Change

3.08%

↓ 3.08%

Volume (Unusual)

2.41M

↓ 50.00%

Open / Previous Close

$0.31 / $0.33

Day Range (Low / High)

$0.30 - $0.32

Summary

Cobre Limited (CBE.AX) is trading down -3.08% at $0.32, reflecting a negative shift in investor sentiment today. The stock opened at $0.31 and has moved between $0.30 and $0.32 so far.

Trading volume is 2407146, which is 50% below its average, and the price action suggests selling interest.

Technically, CBE.AX is trading above its 50-day moving average of $0.26 and above its 200-day moving average of $0.16, indicating short-term and long-term strength.

Meyka's AI assigns CBE.AX a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +4.76% in 1 month ($0.33), -26.71% in 1 year ($0.23), and +111.14% in 5 years ($0.67).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

CBE.AX Technical Signals

Trading over 50-day moving average ($0.26)

Trading over 200-day moving average ($0.16)

Analyst Recommendations data is not available for CBE.AXAnalyst Recommendations details for CBE.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.33

1 Year

$0.23

3 Years

$0.45

5 Years

$0.67

Good60.00

Is this change significant?

5-Day:-9.86%

1-Month:+12.28%

3-Month:+128.57%

What's next?

Next earnings date: 7/30/2025