25 XP   0   0   10

Rai Way SpA
Buy, Hold or Sell?

Let's analyse Rai Way SpA together

PenkeI guess you are interested in Rai Way SpA. 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 Rai Way SpA. 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.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Rai Way SpA

I send you an email if I find something interesting about Rai Way SpA.

Quick analysis of Rai Way SpA (30 sec.)










What can you expect buying and holding a share of Rai Way SpA? (30 sec.)

How much money do you get?

How much money do you get?
€1.04
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€0.65
Expected worth in 1 year
€0.80
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
€1.11
Return On Investment
21.4%

For what price can you sell your share?

Current Price per Share
€5.19
Expected price per share
€4.86 - €5.54
How sure are you?
50%

1. Valuation of Rai Way SpA (5 min.)




Live pricePrice per Share (EOD)

€5.19

Intrinsic Value Per Share

€1.03 - €2.45

Total Value Per Share

€1.68 - €3.10

2. Growth of Rai Way SpA (5 min.)




Is Rai Way SpA growing?

Current yearPrevious yearGrowGrow %
How rich?$190.5m$179.4m$11m5.8%

How much money is Rai Way SpA making?

Current yearPrevious yearGrowGrow %
Making money$79.7m$70.7m$8.9m11.3%
Net Profit Margin30.3%28.7%--

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

3. Financial Health of Rai Way SpA (5 min.)




What can you expect buying and holding a share of Rai Way SpA? (5 min.)

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

What can you expect buying and holding a share of Rai Way SpA?

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

Speculation

The Price per Share of Rai Way SpA is €5.19. 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 Rai Way SpA.
  • 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 Rai Way SpA, 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 €0.65. Based on the TTM, the Book Value Change Per Share is €0.04 per quarter. Based on the YOY, the Book Value Change Per Share is €0.00 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 €0.24 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Rai Way SpA.

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 Eps0.295.6%0.295.6%0.265.0%0.265.0%0.244.6%
Usd Book Value Change Per Share0.040.8%0.040.8%0.000.1%0.000.0%0.101.9%
Usd Dividend Per Share0.265.0%0.265.0%0.254.9%0.244.7%0.224.2%
Usd Total Gains Per Share0.305.8%0.305.8%0.265.0%0.244.7%0.326.2%
Usd Price Per Share5.87-5.87-5.65-3.24-3.65-
Price to Earnings Ratio20.02-20.02-21.72-12.28-15.58-
Price-to-Total Gains Ratio19.55-19.55-21.79-20.36-18.05-
Price to Book Ratio8.38-8.38-8.56-4.69-5.32-
Price-to-Total Gains Ratio19.55-19.55-21.79-20.36-18.05-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.614023
Number of shares178
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.260.24
Usd Book Value Change Per Share0.040.00
Usd Total Gains Per Share0.300.24
Gains per Quarter (178 shares)53.4343.50
Gains per Year (178 shares)213.71173.99
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
118529204174-0164
236958418348-0338
355487632522-0512
4739116846696-1686
59231451060871-1860
6110817412741045-11034
7129320314881219-11208
8147823217021393-11382
9166226119161567-11556
10184729021301741-11730

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 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%
Book Value Change Per Share1.00.00.0100.0%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 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%

Fundamentals of Rai Way SpA

About Rai Way SpA

Rai Way S.p.A. owns and manages television and radio transmission and broadcasting networks in Italy. The company offers television and radio broadcasting services, including television and radio signal distribution, digital terrestrial and satellite broadcasting services, and solutions for transmission and broadcasting networks; transmission services, including audio and video contribution services, and content acquisition, support services for production activities; tower rental services, such as tower hosting for radio transmitters, installation and maintenance services; and network services, including consultation and technical assistance services, frequency coordination services for wireless equipment, services in radio protection sector, and training courses. It primarily serves broadcasters, telecommunications operators, public administrations, and corporates. The company was incorporated in 1999 and is based in Rome, Italy. The company is a subsidiary of Rai Radiotelevisione italiana S.p.A.

Fundamental data was last updated by Penke on 2024-03-27 09:23:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Rai Way SpA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Rai Way SpA earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Rai Way SpA to the  industry mean.
  • A Net Profit Margin of 30.3% means that €0.30 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Rai Way SpA:

  • The MRQ is 30.3%. The company is making a huge profit. +2
  • The TTM is 30.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ30.3%TTM30.3%0.0%
TTM30.3%YOY28.7%+1.6%
TTM30.3%5Y28.8%+1.5%
5Y28.8%10Y27.0%+1.7%
1.1.2. Return on Assets

Shows how efficient Rai Way SpA is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Rai Way SpA to the  industry mean.
  • 16.6% Return on Assets means that Rai Way SpA generated €0.17 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Rai Way SpA:

  • The MRQ is 16.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 16.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.6%TTM16.6%0.0%
TTM16.6%YOY16.8%-0.2%
TTM16.6%5Y18.4%-1.7%
5Y18.4%10Y17.1%+1.2%
1.1.3. Return on Equity

Shows how efficient Rai Way SpA is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Rai Way SpA to the  industry mean.
  • 41.8% Return on Equity means Rai Way SpA generated €0.42 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Rai Way SpA:

  • The MRQ is 41.8%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 41.8%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ41.8%TTM41.8%0.0%
TTM41.8%YOY39.4%+2.4%
TTM41.8%5Y37.5%+4.3%
5Y37.5%10Y35.0%+2.5%

1.2. Operating Efficiency of Rai Way SpA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Rai Way SpA is operating .

  • Measures how much profit Rai Way SpA 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 Rai Way SpA to the  industry mean.
  • An Operating Margin of 41.3% means the company generated €0.41  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Rai Way SpA:

  • The MRQ is 41.3%. The company is operating very efficient. +2
  • The TTM is 41.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ41.3%TTM41.3%0.0%
TTM41.3%YOY39.6%+1.7%
TTM41.3%5Y40.0%+1.2%
5Y40.0%10Y34.0%+6.0%
1.2.2. Operating Ratio

Measures how efficient Rai Way SpA is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.59 means that the operating costs are €0.59 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Rai Way SpA:

  • The MRQ is 0.587. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.587. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.587TTM0.5870.000
TTM0.587YOY0.604-0.017
TTM0.5875Y0.511+0.076
5Y0.51110Y0.415+0.096

1.3. Liquidity of Rai Way SpA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Rai Way SpA is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 0.49 means the company has €0.49 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Rai Way SpA:

  • The MRQ is 0.486. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.486. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.486TTM0.4860.000
TTM0.486YOY0.884-0.398
TTM0.4865Y0.884-0.398
5Y0.88410Y1.034-0.150
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Rai Way SpA to the  industry mean.
  • A Quick Ratio of 0.49 means the company can pay off €0.49 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Rai Way SpA:

  • The MRQ is 0.486. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.486. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.486TTM0.4860.000
TTM0.486YOY0.874-0.389
TTM0.4865Y0.876-0.391
5Y0.87610Y1.020-0.144

1.4. Solvency of Rai Way SpA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Rai Way SpA assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Rai Way SpA to industry mean.
  • A Debt to Asset Ratio of 0.60 means that Rai Way SpA assets are financed with 60.2% credit (debt) and the remaining percentage (100% - 60.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Rai Way SpA:

  • The MRQ is 0.602. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.602. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.602TTM0.6020.000
TTM0.602YOY0.572+0.030
TTM0.6025Y0.504+0.098
5Y0.50410Y0.508-0.004
1.4.2. Debt to Equity Ratio

Measures if Rai Way SpA is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Rai Way SpA to the  industry mean.
  • A Debt to Equity ratio of 151.2% means that company has €1.51 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Rai Way SpA:

  • The MRQ is 1.512. The company is just able to pay all its debts with equity.
  • The TTM is 1.512. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.512TTM1.5120.000
TTM1.512YOY1.339+0.174
TTM1.5125Y1.065+0.448
5Y1.06510Y1.072-0.007

2. Market Valuation of Rai Way SpA

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Rai Way SpA to the  industry mean.
  • A PE ratio of 20.02 means the investor is paying €20.02 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Rai Way SpA:

  • The EOD is 19.154. Based on the earnings, the company is fair priced.
  • The MRQ is 20.022. Based on the earnings, the company is fair priced.
  • The TTM is 20.022. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD19.154MRQ20.022-0.867
MRQ20.022TTM20.0220.000
TTM20.022YOY21.715-1.694
TTM20.0225Y12.283+7.739
5Y12.28310Y15.581-3.298
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 20.723. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 21.661. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 21.661. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD20.723MRQ21.661-0.938
MRQ21.661TTM21.6610.000
TTM21.661YOY37.383-15.721
TTM21.6615Y14.711+6.950
5Y14.71110Y15.939-1.229
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 8.38 means the investor is paying €8.38 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Rai Way SpA:

  • The EOD is 8.013. Based on the equity, the company is overpriced. -1
  • The MRQ is 8.376. Based on the equity, the company is overpriced. -1
  • The TTM is 8.376. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD8.013MRQ8.376-0.363
MRQ8.376TTM8.3760.000
TTM8.376YOY8.558-0.181
TTM8.3765Y4.687+3.689
5Y4.68710Y5.321-0.633
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Rai Way SpA 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--0.0380.0380%0.004+826%0.000+100%0.093-59%
Book Value Per Share--0.6480.6480%0.610+6%0.641+1%0.635+2%
Current Ratio--0.4860.4860%0.884-45%0.884-45%1.034-53%
Debt To Asset Ratio--0.6020.6020%0.572+5%0.504+20%0.508+19%
Debt To Equity Ratio--1.5121.5120%1.339+13%1.065+42%1.072+41%
Dividend Per Share--0.2400.2400%0.235+2%0.226+6%0.204+18%
Eps--0.2710.2710%0.240+13%0.240+13%0.223+22%
Free Cash Flow Per Share--0.2500.2500%0.140+79%0.240+5%0.239+5%
Free Cash Flow To Equity Per Share--0.0900.0900%0.066+35%0.002+5350%-0.007+107%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.450--------
Intrinsic Value_10Y_min--1.031--------
Intrinsic Value_1Y_max--0.241--------
Intrinsic Value_1Y_min--0.180--------
Intrinsic Value_3Y_max--0.729--------
Intrinsic Value_3Y_min--0.478--------
Intrinsic Value_5Y_max--1.219--------
Intrinsic Value_5Y_min--0.705--------
Market Cap1411680000.000-5%1475600000.0001475600000.0000%1419840000.000+4%814232000.000+81%916834285.714+61%
Net Profit Margin--0.3030.3030%0.287+5%0.288+5%0.270+12%
Operating Margin--0.4130.4130%0.396+4%0.400+3%0.340+21%
Operating Ratio--0.5870.5870%0.604-3%0.511+15%0.415+41%
Pb Ratio8.013-5%8.3768.3760%8.558-2%4.687+79%5.321+57%
Pe Ratio19.154-5%20.02220.0220%21.715-8%12.283+63%15.581+29%
Price Per Share5.190-5%5.4255.4250%5.220+4%2.994+81%3.371+61%
Price To Free Cash Flow Ratio20.723-5%21.66121.6610%37.383-42%14.711+47%15.939+36%
Price To Total Gains Ratio18.704-5%19.55019.5500%21.794-10%20.364-4%18.052+8%
Quick Ratio--0.4860.4860%0.874-44%0.876-45%1.020-52%
Return On Assets--0.1660.1660%0.168-1%0.184-9%0.171-3%
Return On Equity--0.4180.4180%0.394+6%0.375+12%0.350+19%
Total Gains Per Share--0.2770.2770%0.240+16%0.226+23%0.296-6%
Usd Book Value--190556483.058190556483.0580%179471972.158+6%188628943.416+1%186953963.726+2%
Usd Book Value Change Per Share--0.0410.0410%0.004+826%0.000+100%0.100-59%
Usd Book Value Per Share--0.7010.7010%0.660+6%0.693+1%0.687+2%
Usd Dividend Per Share--0.2590.2590%0.255+2%0.245+6%0.221+18%
Usd Eps--0.2930.2930%0.260+13%0.259+13%0.241+22%
Usd Free Cash Flow--73687746.96273687746.9620%41084466.318+79%70498992.283+5%70216594.223+5%
Usd Free Cash Flow Per Share--0.2710.2710%0.151+79%0.259+5%0.258+5%
Usd Free Cash Flow To Equity Per Share--0.0970.0970%0.072+35%0.002+5350%-0.007+107%
Usd Market Cap1527014256.000-5%1596156520.0001596156520.0000%1535840928.000+4%880754754.400+81%991739646.857+61%
Usd Price Per Share5.614-5%5.8685.8680%5.646+4%3.238+81%3.646+61%
Usd Profit--79710418.91579710418.9150%70725792.754+13%70567611.869+13%65561217.649+22%
Usd Revenue--263501982.624263501982.6240%246508688.719+7%245121911.243+7%241752570.334+9%
Usd Total Gains Per Share--0.3000.3000%0.259+16%0.244+23%0.321-6%
 EOD+4 -4MRQTTM+0 -0YOY+28 -75Y+24 -1110Y+21 -14

3.2. Fundamental Score

Let's check the fundamental score of Rai Way SpA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.154
Price to Book Ratio (EOD)Between0-18.013
Net Profit Margin (MRQ)Greater than00.303
Operating Margin (MRQ)Greater than00.413
Quick Ratio (MRQ)Greater than10.486
Current Ratio (MRQ)Greater than10.486
Debt to Asset Ratio (MRQ)Less than10.602
Debt to Equity Ratio (MRQ)Less than11.512
Return on Equity (MRQ)Greater than0.150.418
Return on Assets (MRQ)Greater than0.050.166
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Rai Way SpA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5073.582
Ma 20Greater thanMa 504.866
Ma 50Greater thanMa 1004.886
Ma 100Greater thanMa 2004.941
OpenGreater thanClose5.180
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets442,604
Total Liabilities266,440
Total Stockholder Equity176,164
 As reported
Total Liabilities 266,440
Total Stockholder Equity+ 176,164
Total Assets = 442,604

Assets

Total Assets442,604
Total Current Assets106,165
Long-term Assets336,439
Total Current Assets
Cash And Cash Equivalents 35,184
Short-term Investments 938
Net Receivables 69,953
Other Current Assets 272
Total Current Assets  (as reported)106,165
Total Current Assets  (calculated)106,347
+/- 182
Long-term Assets
Property Plant Equipment 314,207
Goodwill 5,813
Intangible Assets 13,707
Other Assets 2,712
Long-term Assets  (as reported)336,439
Long-term Assets  (calculated)336,439
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities218,397
Long-term Liabilities48,044
Total Stockholder Equity176,164
Total Current Liabilities
Short-term Debt 119,095
Accounts payable 60,472
Other Current Liabilities 38,455
Total Current Liabilities  (as reported)218,397
Total Current Liabilities  (calculated)218,021
+/- 375
Long-term Liabilities
Other Liabilities 25,400
Long-term Liabilities  (as reported)48,044
Long-term Liabilities  (calculated)25,400
+/- 22,644
Total Stockholder Equity
Common Stock70,176
Retained Earnings 73,726
Accumulated Other Comprehensive Income 52,236
Other Stockholders Equity -19,974
Total Stockholder Equity (as reported)176,164
Total Stockholder Equity (calculated)176,164
+/-0
Other
Cash and Short Term Investments 35,184
Common Stock Shares Outstanding 268,375
Current Deferred Revenue375
Liabilities and Stockholders Equity 442,604
Net Debt 106,493
Net Tangible Assets 156,700
Net Working Capital -112,231
Short Long Term Debt Total 141,677



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
366,939
336,705
293,972
343,331
326,645
388,045
442,604
442,604388,045326,645343,331293,972336,705366,939
   > Total Current Assets 
154,125
134,256
95,498
111,206
72,447
90,388
106,165
106,16590,38872,447111,20695,498134,256154,125
       Cash And Cash Equivalents 
81,309
55,895
17,194
30,168
4,053
17,244
35,184
35,18417,2444,05330,16817,19455,89581,309
       Short-term Investments 
225
146
55
260
665
0
938
938066526055146225
       Net Receivables 
66,999
77,468
77,418
79,605
66,917
72,114
69,953
69,95372,11466,91779,60577,41877,46866,999
       Inventory 
920
892
886
885
869
790
756
756790869885886892920
   > Long-term Assets 
0
0
0
232,125
254,198
297,658
336,439
336,439297,658254,198232,125000
       Property Plant Equipment 
205,181
188,686
180,938
213,880
233,401
276,006
314,207
314,207276,006233,401213,880180,938188,686205,181
       Goodwill 
0
4,970
4,970
4,970
5,140
5,813
5,813
5,8135,8135,1404,9704,9704,9700
       Intangible Assets 
2,215
6,219
7,926
9,317
10,752
11,431
13,707
13,70711,43110,7529,3177,9266,2192,215
       Long-term Assets Other 
0
0
0
1,269
1,560
1,308
948
9481,3081,5601,269000
> Total Liabilities 
205,404
160,315
113,150
159,134
161,835
222,129
266,440
266,440222,129161,835159,134113,150160,315205,404
   > Total Current Liabilities 
107,245
97,280
80,360
102,270
93,336
102,216
218,397
218,397102,21693,336102,27080,36097,280107,245
       Short-term Debt 
0
0
0
13,453
11,780
15,241
119,095
119,09515,24111,78013,453000
       Accounts payable 
0
37,691
45,585
54,278
45,546
51,689
60,472
60,47251,68945,54654,27845,58537,6910
       Other Current Liabilities 
0
977
1,658
34,105
35,988
35,206
38,455
38,45535,20635,98834,1051,6589770
   > Long-term Liabilities 
0
0
0
56,864
68,499
119,912
48,044
48,044119,91268,49956,864000
       Other Liabilities 
0
32,428
32,362
30,340
29,484
29,500
25,400
25,40029,50029,48430,34032,36232,4280
> Total Stockholder Equity
161,534
176,390
180,822
184,197
164,811
165,917
176,164
176,164165,917164,811184,197180,822176,390161,534
   Common Stock
70,176
70,176
70,176
70,176
70,176
70,176
70,176
70,17670,17670,17670,17670,17670,17670,176
   Retained Earnings 
91,358
80,460
84,858
62,907
63,494
64,414
73,726
73,72664,41463,49462,90784,85880,46091,358
   Capital Surplus 0000000
   Treasury Stock00-19,9740000
   Other Stockholders Equity 
0
25,754
25,788
25,788
-19,974
-19,974
-19,974
-19,974-19,974-19,97425,78825,78825,7540



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue243,600
Cost of Revenue-102,702
Gross Profit140,897140,897
 
Operating Income (+$)
Gross Profit140,897
Operating Expense-40,346
Operating Income100,552100,552
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense40,3460
 
Net Interest Income (+$)
Interest Income0
Interest Expense-1,823
Other Finance Cost-1,823
Net Interest Income0
 
Pretax Income (+$)
Operating Income100,552
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)101,77199,332
EBIT - interestExpense = 98,729
101,771
75,513
Interest Expense1,823
Earnings Before Interest and Taxes (EBIT)100,552103,594
Earnings Before Interest and Taxes (EBITDA)147,610
 
After tax Income (+$)
Income Before Tax101,771
Tax Provision-0
Net Income From Continuing Ops0101,771
Net Income73,690
Net Income Applicable To Common Shares73,700
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses143,048
Total Other Income/Expenses Net1,2190
 

Technical Analysis of Rai Way SpA
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 Rai Way SpA. The general trend of Rai Way SpA is NEUTRAL with 0.0% 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 Rai Way SpA'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 (0.0%) Bearish trend (0.0%)
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 Rai Way SpA.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 5.38 < 5.54 < 5.54.

The bearish price targets are: 5.09 > 4.94 > 4.86.

Tweet this
Rai Way SpA 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 Rai Way SpA. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

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

Rai Way SpA 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 Rai Way SpA. The current macd is 0.04479187.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Rai Way SpA price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Rai Way SpA. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Rai Way SpA price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Rai Way SpA Daily Moving Average Convergence/Divergence (MACD) ChartRai Way SpA 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 Rai Way SpA. The current adx is 25.75.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Rai Way SpA shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Rai Way SpA 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 Rai Way SpA. The current sar is 4.784.

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
Rai Way SpA Daily Parabolic SAR Chart

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 Rai Way SpA. The current rsi is 73.58. The current phase is Overbought in neutral market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in neutral market:
  • Trending down: The RSI is trending down. -1
Rai Way SpA Daily Relative Strength Index (RSI) ChartRai Way SpA 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 Rai Way SpA. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D 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 Rai Way SpA price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Rai Way SpA Daily Stochastic Oscillator ChartRai Way SpA 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 Rai Way SpA. The current cci is 229.64.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Rai Way SpA Daily Commodity Channel Index (CCI) ChartRai Way SpA 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 Rai Way SpA. The current cmo is 62.13.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Rai Way SpA Daily Chande Momentum Oscillator (CMO) ChartRai Way SpA 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 Rai Way SpA. The current willr is -28.33333333.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Rai Way SpA is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Rai Way SpA Daily Williams %R ChartRai Way SpA Daily Williams %R Chart

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 Rai Way SpA.

Rai Way SpA 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 Rai Way SpA. The current atr is 0.09145553.

Rai Way SpA Daily Average True Range (ATR) ChartRai Way SpA Daily Average True Range (ATR) Chart

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 Rai Way SpA. The current obv is -191,432.

Rai Way SpA Daily On-Balance Volume (OBV) ChartRai Way SpA 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 Rai Way SpA. The current mfi is 75.47.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Rai Way SpA Daily Money Flow Index (MFI) ChartRai Way SpA Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Rai Way SpA.

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
2023-11-06DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09DMI 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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH 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).
2023-11-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-14DMI 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).
2023-12-15DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR 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).
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-15STOCH 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).
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
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).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22DMI 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
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Rai Way SpA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Rai Way SpA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5073.582
Ma 20Greater thanMa 504.866
Ma 50Greater thanMa 1004.886
Ma 100Greater thanMa 2004.941
OpenGreater thanClose5.180
Total1/5 (20.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Rai Way SpA with someone you think should read this too:
  • Are you bullish or bearish on Rai Way SpA? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Rai Way SpA? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Rai Way SpA

I send you an email if I find something interesting about Rai Way SpA.


Comments

How you think about this?

Leave a comment

Stay informed about Rai Way SpA.

Receive notifications about Rai Way SpA in your mailbox!