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Covivio
Buy, Hold or Sell?

Let's analyze Covivio together

I guess you are interested in Covivio. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Covivio. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Covivio (30 sec.)










1.2. What can you expect buying and holding a share of Covivio? (30 sec.)

How much money do you get?

How much money do you get?
€3.08
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€119.44
Expected worth in 1 year
€34.00
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
€-82.52
Return On Investment
-163.2%

For what price can you sell your share?

Current Price per Share
€50.58
Expected price per share
€45.74 - €56.50
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Covivio (5 min.)




Live pricePrice per Share (EOD)
€50.58
Intrinsic Value Per Share
€54.62 - €116.25
Total Value Per Share
€174.05 - €235.69

2.2. Growth of Covivio (5 min.)




Is Covivio growing?

Current yearPrevious yearGrowGrow %
How rich?$12.6b$14.8b-$2.2b-17.8%

How much money is Covivio making?

Current yearPrevious yearGrowGrow %
Making money-$1.4b$656.1m-$2.1b-143.7%
Net Profit Margin-151.7%68.5%--

How much money comes from the company's main activities?

2.3. Financial Health of Covivio (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Covivio?

Welcome investor! Covivio's management wants to use your money to grow the business. In return you get a share of Covivio.

First you should know what it really means to hold a share of Covivio. And how you can make/lose money.

Speculation

The Price per Share of Covivio is €50.58. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Covivio.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Covivio, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €119.44. Based on the TTM, the Book Value Change Per Share is €-21.36 per quarter. Based on the YOY, the Book Value Change Per Share is €4.68 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.73 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Covivio.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-14.97-29.6%-14.97-29.6%6.5613.0%2.615.2%4.378.6%
Usd Book Value Change Per Share-22.58-44.6%-22.58-44.6%4.959.8%1.262.5%18.0435.7%
Usd Dividend Per Share0.771.5%0.771.5%3.737.4%1.913.8%2.374.7%
Usd Total Gains Per Share-21.81-43.1%-21.81-43.1%8.6817.2%3.176.3%20.4040.3%
Usd Price Per Share51.47-51.47-59.36-74.79-80.45-
Price to Earnings Ratio-3.44--3.44-9.05-9.60-9.95-
Price-to-Total Gains Ratio-2.36--2.36-6.83-9.16-7.46-
Price to Book Ratio0.41-0.41-0.40-0.55-0.63-
Price-to-Total Gains Ratio-2.36--2.36-6.83-9.16-7.46-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share53.4628325
Number of shares18
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.771.91
Usd Book Value Change Per Share-22.581.26
Usd Total Gains Per Share-21.813.17
Gains per Quarter (18 shares)-392.5557.10
Gains per Year (18 shares)-1,570.18228.41
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
155-1626-158013891218
2111-3251-3150276181446
3166-4877-4720414272674
4222-6502-6290551362902
5277-8128-78606894531130
6333-9754-94308275431358
7388-11379-110009656341586
8444-13005-1257011037251814
9499-14631-1414012418152042
10554-16256-1571013789062270

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
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3.2. Key Performance Indicators

The key performance indicators of Covivio compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---21.358-21.3580%4.685-556%1.190-1895%17.063-225%
Book Value Per Share--119.438119.4380%140.797-15%129.081-7%122.926-3%
Current Ratio--0.9960.9960%0.513+94%0.877+14%0.914+9%
Debt To Asset Ratio--0.5220.5220%0.491+6%0.518+1%0.5220%
Debt To Equity Ratio--1.6421.6420%1.437+14%1.601+3%1.6490%
Dividend Per Share--0.7280.7280%3.530-79%1.811-60%2.238-67%
Eps---14.165-14.1650%6.202-328%2.465-675%4.135-443%
Free Cash Flow Per Share--5.3985.3980%1.301+315%1.259+329%0.210+2470%
Free Cash Flow To Equity Per Share--5.3985.3980%1.301+315%-2.105+139%-3.201+159%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--116.254--------
Intrinsic Value_10Y_min--54.617--------
Intrinsic Value_1Y_max--4.250--------
Intrinsic Value_1Y_min--2.345--------
Intrinsic Value_3Y_max--18.408--------
Intrinsic Value_3Y_min--9.798--------
Intrinsic Value_5Y_max--39.365--------
Intrinsic Value_5Y_min--20.207--------
Market Cap5061748300.000+4%4876881937.2004876881937.2000%5619716600.000-13%7081701395.440-31%7617220065.314-36%
Net Profit Margin---1.517-1.5170%0.685-321%0.285-632%0.457-432%
Operating Margin----0%0.903-100%0.661-100%0.715-100%
Operating Ratio--0.2230.2230%0.233-4%0.262-15%0.260-14%
Pb Ratio0.423+4%0.4080.4080%0.399+2%0.552-26%0.633-36%
Pe Ratio-3.570-4%-3.437-3.4370%9.054-138%9.602-136%9.949-135%
Price Per Share50.575+4%48.69048.6900%56.150-13%70.750-31%76.103-36%
Price To Free Cash Flow Ratio9.369+4%9.0209.0200%43.153-79%-143.980+1696%-117.740+1405%
Price To Total Gains Ratio-2.452-4%-2.360-2.3600%6.835-135%9.158-126%7.462-132%
Quick Ratio--0.1170.1170%0.132-12%0.182-36%0.186-38%
Return On Assets---0.057-0.0570%0.022-353%0.008-798%0.016-450%
Return On Equity---0.178-0.1780%0.066-371%0.024-844%0.052-444%
Total Gains Per Share---20.630-20.6300%8.215-351%3.001-787%19.301-207%
Usd Book Value--12646264892.80012646264892.8000%14896134163.900-15%13658538778.720-7%13006843817.000-3%
Usd Book Value Change Per Share---22.578-22.5780%4.952-556%1.258-1895%18.037-225%
Usd Book Value Per Share--126.258126.2580%148.836-15%136.451-7%129.945-3%
Usd Dividend Per Share--0.7700.7700%3.732-79%1.914-60%2.366-67%
Usd Eps---14.974-14.9740%6.556-328%2.605-675%4.371-443%
Usd Free Cash Flow--571529571.800571529571.8000%137662961.700+315%133319337.800+329%22283819.014+2465%
Usd Free Cash Flow Per Share--5.7065.7060%1.375+315%1.331+329%0.222+2470%
Usd Free Cash Flow To Equity Per Share--5.7065.7060%1.375+315%-2.225+139%-3.384+159%
Usd Market Cap5350774127.930+4%5155351895.8145155351895.8140%5940602417.860-13%7486066545.120-31%8052163331.044-36%
Usd Price Per Share53.463+4%51.47051.4700%59.356-13%74.790-31%80.448-36%
Usd Profit---1499797623.500-1499797623.5000%656135627.400-329%260524197.780-676%437329065.643-443%
Usd Revenue--988393785.500988393785.5000%957712515.100+3%958884627.580+3%969322946.429+2%
Usd Total Gains Per Share---21.808-21.8080%8.684-351%3.172-787%20.403-207%
 EOD+4 -4MRQTTM+0 -0YOY+11 -245Y+11 -2410Y+13 -22

3.3 Fundamental Score

Let's check the fundamental score of Covivio based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.570
Price to Book Ratio (EOD)Between0-10.423
Net Profit Margin (MRQ)Greater than0-1.517
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.117
Current Ratio (MRQ)Greater than10.996
Debt to Asset Ratio (MRQ)Less than10.522
Debt to Equity Ratio (MRQ)Less than11.642
Return on Equity (MRQ)Greater than0.15-0.178
Return on Assets (MRQ)Greater than0.05-0.057
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Covivio based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.836
Ma 20Greater thanMa 5051.714
Ma 50Greater thanMa 10053.336
Ma 100Greater thanMa 20051.679
OpenGreater thanClose50.925
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About Covivio

Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today's user experience and designing tomorrow's city. A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with "24,8 bn in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance. Build sustainable relationships and well-being, is the Covivio's Purpose who expresses its role as a responsible real estate operator to all its stakeholders: customers, shareholders and financial partners, internal teams, local authorities but also to future generations and the planet. Furthermore, its living, dynamic approach opens up exciting project and career prospects for its teams. Covivio's shares are listed in the Euronext Paris A compartment (FR0000064578 - COV), are admitted to trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF SIIC France and CAC Mid100 indices, in the EPRA and GPR 250 benchmark European real estate indices, and in the ESG FTSE4 Good, CAC SBT 1.5°C, DJSI World & Europe, Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20), Euronext CDP Environment France EW, ISS ESG, Ethibel and Gaïa ethical indices and also holds the following awards and ratings: CDP (B), GRESB (90/100, 5-Star, 100% public disclosure), Vigeo-Eiris (A1+), ISSESG (B-) and MSCI (AAA).

Fundamental data was last updated by Penke on 2024-11-18 23:05:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Covivio earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Covivio to the REIT - Diversified industry mean.
  • A Net Profit Margin of -151.7% means that €-1.52 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Covivio:

  • The MRQ is -151.7%. The company is making a huge loss. -2
  • The TTM is -151.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-151.7%TTM-151.7%0.0%
TTM-151.7%YOY68.5%-220.3%
TTM-151.7%5Y28.5%-180.3%
5Y28.5%10Y45.7%-17.1%
4.3.1.2. Return on Assets

Shows how efficient Covivio is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Covivio to the REIT - Diversified industry mean.
  • -5.7% Return on Assets means that Covivio generated €-0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Covivio:

  • The MRQ is -5.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.7%TTM-5.7%0.0%
TTM-5.7%YOY2.2%-7.9%
TTM-5.7%5Y0.8%-6.5%
5Y0.8%10Y1.6%-0.8%
4.3.1.3. Return on Equity

Shows how efficient Covivio is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Covivio to the REIT - Diversified industry mean.
  • -17.8% Return on Equity means Covivio generated €-0.18 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Covivio:

  • The MRQ is -17.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -17.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.8%TTM-17.8%0.0%
TTM-17.8%YOY6.6%-24.4%
TTM-17.8%5Y2.4%-20.2%
5Y2.4%10Y5.2%-2.8%
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4.3.2. Operating Efficiency of Covivio.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Covivio is operating .

  • Measures how much profit Covivio makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Covivio to the REIT - Diversified industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Covivio:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY90.3%-90.3%
TTM-5Y66.1%-66.1%
5Y66.1%10Y71.5%-5.4%
4.3.2.2. Operating Ratio

Measures how efficient Covivio is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT - Diversified industry mean).
  • An Operation Ratio of 0.22 means that the operating costs are €0.22 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Covivio:

  • The MRQ is 0.223. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.223. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.223TTM0.2230.000
TTM0.223YOY0.233-0.010
TTM0.2235Y0.262-0.039
5Y0.26210Y0.260+0.003
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4.4.3. Liquidity of Covivio.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Covivio is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT - Diversified industry mean).
  • A Current Ratio of 1.00 means the company has €1.00 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Covivio:

  • The MRQ is 0.996. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.996. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.996TTM0.9960.000
TTM0.996YOY0.513+0.483
TTM0.9965Y0.877+0.119
5Y0.87710Y0.914-0.037
4.4.3.2. Quick Ratio

Measures if Covivio is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Covivio to the REIT - Diversified industry mean.
  • A Quick Ratio of 0.12 means the company can pay off €0.12 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Covivio:

  • The MRQ is 0.117. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.117. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.117TTM0.1170.000
TTM0.117YOY0.132-0.016
TTM0.1175Y0.182-0.066
5Y0.18210Y0.186-0.004
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4.5.4. Solvency of Covivio.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Covivio assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Covivio to REIT - Diversified industry mean.
  • A Debt to Asset Ratio of 0.52 means that Covivio assets are financed with 52.2% credit (debt) and the remaining percentage (100% - 52.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Covivio:

  • The MRQ is 0.522. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.522. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.522TTM0.5220.000
TTM0.522YOY0.491+0.031
TTM0.5225Y0.518+0.004
5Y0.51810Y0.522-0.004
4.5.4.2. Debt to Equity Ratio

Measures if Covivio is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Covivio to the REIT - Diversified industry mean.
  • A Debt to Equity ratio of 164.2% means that company has €1.64 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Covivio:

  • The MRQ is 1.642. The company is just able to pay all its debts with equity.
  • The TTM is 1.642. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.642TTM1.6420.000
TTM1.642YOY1.437+0.205
TTM1.6425Y1.601+0.041
5Y1.60110Y1.649-0.048
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Covivio generates.

  • Above 15 is considered overpriced but always compare Covivio to the REIT - Diversified industry mean.
  • A PE ratio of -3.44 means the investor is paying €-3.44 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Covivio:

  • The EOD is -3.570. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.437. Based on the earnings, the company is expensive. -2
  • The TTM is -3.437. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.570MRQ-3.437-0.133
MRQ-3.437TTM-3.4370.000
TTM-3.437YOY9.054-12.491
TTM-3.4375Y9.602-13.040
5Y9.60210Y9.949-0.347
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Covivio:

  • The EOD is 9.369. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.020. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.020. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.369MRQ9.020+0.349
MRQ9.020TTM9.0200.000
TTM9.020YOY43.153-34.133
TTM9.0205Y-143.980+153.000
5Y-143.98010Y-117.740-26.240
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Covivio is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to REIT - Diversified industry mean).
  • A PB ratio of 0.41 means the investor is paying €0.41 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Covivio:

  • The EOD is 0.423. Based on the equity, the company is cheap. +2
  • The MRQ is 0.408. Based on the equity, the company is cheap. +2
  • The TTM is 0.408. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.423MRQ0.408+0.016
MRQ0.408TTM0.4080.000
TTM0.408YOY0.399+0.009
TTM0.4085Y0.552-0.144
5Y0.55210Y0.633-0.082
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Other Current Assets  355,36710,245365,612557,998923,610-664,610259,000-259,001-1
Retained Earnings  746,987-387,220359,767563,829923,596-302,902620,694-2,039,479-1,418,785
Income before Tax  1,399,450-946,099453,3511,009,6941,463,045-177,2151,285,830-3,395,980-2,110,150
Net Income  746,987-387,220359,767563,829923,596-302,902620,694-2,039,479-1,418,785
Tax Provision  137,635-76,53861,097107,921169,018-31,089137,929-345,214-207,285
Net Income from Continuing Operations  1,261,815-869,560392,255901,7721,294,027-146,1261,147,901-3,050,766-1,902,865



6.2. Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets25,026,159
Total Liabilities13,062,991
Total Stockholder Equity7,957,017
 As reported
Total Liabilities 13,062,991
Total Stockholder Equity+ 7,957,017
Total Assets = 25,026,159

Assets

Total Assets25,026,159
Total Current Assets2,184,198
Long-term Assets22,841,961
Total Current Assets
Cash And Cash Equivalents 900,619
Net Receivables 255,501
Inventory 307,526
Total Current Assets  (as reported)2,184,198
Total Current Assets  (calculated)1,463,646
+/- 720,552
Long-term Assets
Property Plant Equipment 1,593,440
Goodwill 117,356
Intangible Assets 19,249
Long-term Assets  (as reported)22,841,961
Long-term Assets  (calculated)1,730,045
+/- 21,111,916

Liabilities & Shareholders' Equity

Total Current Liabilities2,192,792
Long-term Liabilities10,870,199
Total Stockholder Equity7,957,017
Total Current Liabilities
Short Long Term Debt 1,382,845
Accounts payable 188,461
Other Current Liabilities 335,002
Total Current Liabilities  (as reported)2,192,792
Total Current Liabilities  (calculated)1,906,308
+/- 286,484
Long-term Liabilities
Long term Debt 9,324,322
Capital Lease Obligations Min Short Term Debt314,071
Long-term Liabilities Other 35,546
Long-term Liabilities  (as reported)10,870,199
Long-term Liabilities  (calculated)9,673,939
+/- 1,196,260
Total Stockholder Equity
Total Stockholder Equity (as reported)7,957,017
Total Stockholder Equity (calculated)0
+/- 7,957,017
Other
Capital Stock303,019
Common Stock Shares Outstanding 100,162
Net Debt 9,806,548
Net Invested Capital 18,664,184
Net Working Capital -8,594
Property Plant and Equipment Gross 2,217,438



6.3. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
21,732,988
24,384,202
25,719,762
27,379,749
28,237,423
27,660,969
25,026,159
25,026,15927,660,96928,237,42327,379,74925,719,76224,384,20221,732,988
   > Total Current Assets 
2,324,727
2,331,676
2,478,992
2,331,454
2,925,069
985,000
2,184,198
2,184,198985,0002,925,0692,331,4542,478,9922,331,6762,324,727
       Cash And Cash Equivalents 
1,296,636
1,172,450
1,302,084
1,246,147
1,062,993
461,541
900,619
900,619461,5411,062,9931,246,1471,302,0841,172,4501,296,636
       Net Receivables 
435,043
481,976
588,993
470,361
726,492
254,036
255,501
255,501254,036726,492470,361588,993481,976435,043
       Inventory 
43,237
95,811
232,548
249,334
211,974
264,000
307,526
307,526264,000211,974249,334232,54895,81143,237
       Other Current Assets 
549,811
581,439
355,367
365,612
923,610
259,000
-1
-1259,000923,610365,612355,367581,439549,811
   > Long-term Assets 
19,408,261
22,052,525
23,240,770
25,048,295
25,312,354
25,947,653
22,841,961
22,841,96125,947,65325,312,35425,048,29523,240,77022,052,52519,408,261
       Property Plant Equipment 
18,621,429
21,381,013
1,489,442
1,441,989
1,392,676
1,580,335
1,593,440
1,593,4401,580,3351,392,6761,441,9891,489,44221,381,01318,621,429
       Goodwill 
1,572
113,064
143,286
135,092
117,205
120,102
117,356
117,356120,102117,205135,092143,286113,0641,572
       Intangible Assets 
24,592
59,138
23,471
25,114
14,705
17,194
19,249
19,24917,19414,70525,11423,47159,13824,592
       Other Assets 
348,116
221,277
343,908
441,345
268,996
779,000
0
0779,000268,996441,345343,908221,277348,116
> Total Liabilities 
11,565,329
13,025,787
13,361,419
14,811,591
14,614,785
13,569,460
13,062,991
13,062,99113,569,46014,614,78514,811,59113,361,41913,025,78711,565,329
   > Total Current Liabilities 
2,094,981
2,575,486
2,687,622
2,552,705
2,810,130
1,921,151
2,192,792
2,192,7921,921,1512,810,1302,552,7052,687,6222,575,4862,094,981
       Short Long Term Debt 
1,524,243
1,843,104
1,815,746
1,837,014
1,775,597
1,232,805
1,382,845
1,382,8451,232,8051,775,5971,837,0141,815,7461,843,1041,524,243
       Accounts payable 
116,186
129,990
140,670
127,197
149,299
146,847
188,461
188,461146,847149,299127,197140,670129,990116,186
       Other Current Liabilities 
352,844
427,434
460,788
415,155
727,316
273,657
335,002
335,002273,657727,316415,155460,788427,434352,844
   > Long-term Liabilities 
9,470,348
10,450,301
10,673,797
12,258,886
11,804,655
11,648,309
10,870,199
10,870,19911,648,30911,804,65512,258,88610,673,79710,450,3019,470,348
       Long term Debt 
8,596,316
9,216,624
9,071,820
10,459,091
10,057,558
9,734,862
9,324,322
9,324,3229,734,86210,057,55810,459,0919,071,8209,216,6248,596,316
       Capital Lease Obligations Min Short Term Debt
0
163,657
269,092
297,621
306,223
307,088
314,071
314,071307,088306,223297,621269,092163,6570
       Other Liabilities 
612,600
914,451
1,059,362
1,157,954
1,305,286
2,302,000
0
02,302,0001,305,2861,157,9541,059,362914,451612,600
       Long-term Liabilities Other 
14,062
21,198
19,433
23,290
30,313
35,492
35,546
35,54635,49230,31323,29019,43321,19814,062
> Total Stockholder Equity
6,363,307
7,561,446
8,297,645
8,582,202
9,193,810
9,443,010
7,957,017
7,957,0179,443,0109,193,8108,582,2028,297,6457,561,4466,363,307
   Common Stock
224,490
248,709
261,660
283,633
283,946
9,443,000
0
09,443,000283,946283,633261,660248,709224,490
   Retained Earnings 
914,112
749,574
746,987
359,767
923,596
620,694
-1,418,785
-1,418,785620,694923,596359,767746,987749,574914,112
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
2,375,752
3,028,104
3,421,955
3,818,176
3,887,779
0
0
003,887,7793,818,1763,421,9553,028,1042,375,752



6.4. Balance Sheets

Currency in EUR. All numbers in thousands.




6.5. Cash Flows

Currency in EUR. All numbers in thousands.




6.6. Income Statements

Currency in EUR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue935,005
Cost of Revenue-68,136
Gross Profit866,869866,869
 
Operating Income (+$)
Gross Profit866,869
Operating Expense-140,505
Operating Income794,500726,364
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense140,5050
 
Net Interest Income (+$)
Interest Income12,891
Interest Expense-286,498
Other Finance Cost-16,787
Net Interest Income-290,394
 
Pretax Income (+$)
Operating Income794,500
Net Interest Income-290,394
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-2,110,150794,500
EBIT - interestExpense = -286,498
-1,418,785
-1,132,287
Interest Expense286,498
Earnings Before Interest and Taxes (EBIT)0-1,823,652
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-2,110,150
Tax Provision--207,285
Net Income From Continuing Ops-1,902,865-1,902,865
Net Income-1,418,785
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0290,394
 

Technical Analysis of Covivio
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Covivio. The general trend of Covivio is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Covivio's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Covivio.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 54.45 < 56.45 < 56.50.

The bearish price targets are: 50.15 > 50.15 > 45.74.

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Covivio Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Covivio. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Covivio Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Covivio. The current macd is -0.5121019.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Covivio price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Covivio. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Covivio price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Covivio Daily Moving Average Convergence/Divergence (MACD) ChartCovivio Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Covivio. The current adx is 16.18.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Covivio shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Covivio Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Covivio. The current sar is 49.86.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Covivio Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Covivio. The current rsi is 39.84. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Covivio Daily Relative Strength Index (RSI) ChartCovivio Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Covivio. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Covivio price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Covivio Daily Stochastic Oscillator ChartCovivio Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Covivio. The current cci is 59.15.

Covivio Daily Commodity Channel Index (CCI) ChartCovivio Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Covivio. The current cmo is -25.48234468.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Covivio Daily Chande Momentum Oscillator (CMO) ChartCovivio Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Covivio. The current willr is -87.32269504.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Covivio Daily Williams %R ChartCovivio Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Covivio.

Covivio Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Covivio. The current atr is 1.29125243.

Covivio Daily Average True Range (ATR) ChartCovivio Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Covivio. The current obv is 3,430,479.

Covivio Daily On-Balance Volume (OBV) ChartCovivio Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Covivio. The current mfi is 90.27.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Covivio Daily Money Flow Index (MFI) ChartCovivio Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Covivio.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-08-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-29ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-05STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-09-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-09-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-10-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-11-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-11-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Covivio Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Covivio based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.836
Ma 20Greater thanMa 5051.714
Ma 50Greater thanMa 10053.336
Ma 100Greater thanMa 20051.679
OpenGreater thanClose50.925
Total3/5 (60.0%)
Penke
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