Mr Price priming for MAJOR upside in 2025Potential Inv H and S has been forming since September 2021.
Mr Price, has tested its lows at R125.00 multiple times, and the price continues to rocket up.
It now needs to form one more shoulder, higher low and cross above.
And we could see Mr Price at R305.37 by 2025.
NATURE of the analysis
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13 ZAR
3.28 B ZAR
37.65 B ZAR
253.87 M
About MR PRICE GROUP LTD
Sector
Industry
CEO
Mark McNeil Blair
Website
Headquarters
Durban
Founded
1985
ISIN
ZAE000200457
FIGI
BBG000BTPJN9
Mr. Price Group Ltd. engages in the provision of clothing apparel and retail business. operates through the following segments: Apparel, Homeware, Financial Services, Telecoms, and Central Services. The Apparel segment retails clothing, sportswear, footwear, sporting equipment, and accessories. The Homeware segment refers to retailing of homeware and furniture. The Financial Services segment manages the group's trade receivables and all financial services and mobile products. The Telecoms segment sells cellular products and services. The Central Services segment provides chargeable and non-chargeable services. The company was founded by Laurie John Chiappini and Stewart Barnet Cohen in 1985 and is headquartered in Durban, South Africa.
Our opinion on the current state of MR-PRICE(MRP)Mr. Price (MRP) is a retailer of clothing, household goods, and sportswear through shop fronts and online in Africa and Australia. Unlike most retailers, Mr. Price receives most of its sales in cash, but there is a growing credit element. Mr. Price has a reputation for being cheaper than other store
Retailers Comparison January Seems like some of the retailers had their Xmas rally in January this time round.
Mr Price is clearly in the lead with Truworths and Foschini battling it out for 2nd place.
Market was not happy with the Woolworths trade update.
There seems to be some more runway left to the upside until things
$JSEMRP - Mr Price: Trend Reversal Gaining MomentumSee link below for previous analysis.
After the 49% complex decline from 24225 to 12325, Mr Price seems to have reversed the trend.
The inverse head & shoulders has been followed by a sequence of higher highs and higher lows.
The trend now looks more bullish but 12325 remains the key invalidation
Our opinion on the current state of MRPMr. Price (MRP) is a retailer of clothing, household goods and sportswear through shop fronts and online in Africa and Australia. Unlike most retailers, Mr. Price receives most of its sales in cash, but there is a growing credit element. Mr. Price has a reputation for being cheaper than other stores
$JSEMRP - MR Price: Is That An Inverse Head & Shoulders?See link below for previous analysis.
Mr Price has had a strong bear trend from 24225.
The downtrend does look to be slowing down and price seems to be forming an inverse head & shoulders pattern.
This pattern will be invalidated with a break below 12325.
Mr Price ready to break above the W to R209.60W Formation is forming on Mr Price.
It's been in a consolidation range since March, which prior that was in a continuous downtrend since April 2022.
Now the price has broken above the downtrend, which is currently testing the support. And if it breaks above and through the neckline, we will see u
Our opinion on the current state of MRPMr. Price (MRP) is a retailer of clothing, household goods and sportswear through shop fronts and online in Africa and Australia. Unlike most retailers, Mr. Price receives most of its sales in cash, but there is a growing credit element. Mr. Price has a reputation for being cheaper than other stores
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MRP is 22,285 ZAC — it has increased by 5.06% in the past 24 hours. Watch MR PRICE GROUP LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange MR PRICE GROUP LTD stocks are traded under the ticker MRP.
MRP stock has risen by 20.22% compared to the previous week, the month change is a −2.10% fall, over the last year MR PRICE GROUP LTD has showed a 35.94% increase.
We've gathered analysts' opinions on MR PRICE GROUP LTD future price: according to them, MRP price has a max estimate of 32,890.00 ZAC and a min estimate of 24,000.00 ZAC. Watch MRP chart and read a more detailed MR PRICE GROUP LTD stock forecast: see what analysts think of MR PRICE GROUP LTD and suggest that you do with its stocks.
MRP stock is 1.22% volatile and has beta coefficient of 1.21. Track MR PRICE GROUP LTD stock price on the chart and check out the list of the most volatile stocks — is MR PRICE GROUP LTD there?
Today MR PRICE GROUP LTD has the market capitalization of 58.25 B, it has decreased by −11.42% over the last week.
Yes, you can track MR PRICE GROUP LTD financials in yearly and quarterly reports right on TradingView.
MR PRICE GROUP LTD is going to release the next earnings report on May 30, 2025. Keep track of upcoming events with our Earnings Calendar.
MRP net income for the last half-year is 1.24 B ZAR, while the previous report showed 2.13 B ZAR of net income which accounts for −41.72% change. Track more MR PRICE GROUP LTD financial stats to get the full picture.
MR PRICE GROUP LTD dividend yield was 4.66% in 2023, and payout ratio reached 63.49%. The year before the numbers were 5.27% and 62.74% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, MRP 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 MR PRICE GROUP LTD 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 MR PRICE GROUP LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MR PRICE GROUP LTD stock shows the buy signal. See more of MR PRICE GROUP LTD 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.