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Orsted A/S
Buy, Hold or Sell?

Let's analyse Orsted together

PenkeI guess you are interested in Orsted A/S. 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 Orsted A/S. 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.

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Quick analysis of Orsted (30 sec.)










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

How much money do you get?

How much money do you get?
kr7.98
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
kr195.30
Expected worth in 1 year
kr195.30
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
kr55.04
Return On Investment
14.2%

For what price can you sell your share?

Current Price per Share
kr386.40
Expected price per share
kr299.90 - kr420.00
How sure are you?
50%

1. Valuation of Orsted (5 min.)




Live pricePrice per Share (EOD)

kr386.40

Intrinsic Value Per Share

kr-646.95 - kr-557.85

Total Value Per Share

kr-451.65 - kr-362.55

2. Growth of Orsted (5 min.)




Is Orsted growing?

Current yearPrevious yearGrowGrow %
How rich?$11.8b$11.8b0.000.0%

How much money is Orsted making?

Current yearPrevious yearGrowGrow %
Making money$2.1b$1.5b$603.7m27.5%
Net Profit Margin0.0%14.1%--

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

3. Financial Health of Orsted (5 min.)




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

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

What can you expect buying and holding a share of Orsted?

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

Speculation

The Price per Share of Orsted is kr386.40. 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 Orsted.
  • 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 Orsted, 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 kr195.30. Based on the TTM, the Book Value Change Per Share is kr0.00 per quarter. Based on the YOY, the Book Value Change Per Share is kr-10.13 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 kr13.76 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Orsted.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps5.021.3%5.021.3%3.530.9%4.431.1%4.771.2%
Usd Book Value Change Per Share0.000.0%0.000.0%-1.47-0.4%0.970.3%4.721.2%
Usd Dividend Per Share2.000.5%2.000.5%1.820.5%1.720.4%1.580.4%
Usd Total Gains Per Share2.000.5%2.000.5%0.350.1%2.690.7%6.301.6%
Usd Price Per Share91.92-91.92-122.41-112.02-101.55-
Price to Earnings Ratio18.31-18.31-34.70-28.59-25.09-
Price-to-Total Gains Ratio46.08-46.08-353.99-109.88-91.90-
Price to Book Ratio3.25-3.25-4.32-3.86-3.57-
Price-to-Total Gains Ratio46.08-46.08-353.99-109.88-91.90-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share56.028
Number of shares17
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share2.001.72
Usd Book Value Change Per Share0.000.97
Usd Total Gains Per Share2.002.69
Gains per Quarter (17 shares)33.9245.69
Gains per Year (17 shares)135.67182.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1136012611766173
22710262234132356
34070398351197539
45430534468263722
56780670585329905
681408067023951088
795009428194611271
81085010789365271454
912210121410535921637
1013570135011696581820

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%6.00.00.0100.0%6.00.00.0100.0%
Book Value Change Per Share0.00.01.00.0%0.01.02.00.0%2.01.02.040.0%3.01.02.050.0%3.01.02.050.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%

Fundamentals of Orsted

About Orsted A/S

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Europe, the United States, and Taiwan, as well as develops renewable hydrogen and green fuels in Europe and on the United States gulf coast. The Onshore segment develops, constructs, owns, and operates onshore wind and solar farms in the United States and Europe, as well as integrated storage. The Bioenergy & Other segments engages in the generation of heat and power and delivery of ancillary services from CHP plants in Denmark; optimizes gas portfolio, and Danish and Swedish B2B markets. The company was formerly known as DONG Energy A/S and changed its name to Ørsted A/S in November 2017. Ørsted A/S was founded in 1972 and is headquartered in Fredericia, Denmark.

Fundamental data was last updated by Penke on 2024-03-27 09:42:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 not able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Orsted A/S.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Orsted earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Orsted to the  industry mean.
  • A Net Profit Margin of 0.0% means that kr0.00 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Orsted A/S:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY14.1%-14.1%
TTM-5Y15.9%-15.9%
5Y15.9%10Y18.7%-2.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Orsted to the  industry mean.
  • 5.6% Return on Assets means that Orsted generated kr0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Orsted A/S:

  • The MRQ is 5.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY4.1%+1.5%
TTM5.6%5Y6.4%-0.8%
5Y6.4%10Y7.5%-1.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Orsted to the  industry mean.
  • 18.4% Return on Equity means Orsted generated kr0.18 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Orsted A/S:

  • The MRQ is 18.4%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 18.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ18.4%TTM18.4%0.0%
TTM18.4%YOY13.4%+5.1%
TTM18.4%5Y16.1%+2.3%
5Y16.1%10Y18.2%-2.1%

1.2. Operating Efficiency of Orsted A/S.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Orsted is operating .

  • Measures how much profit Orsted makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Orsted to the  industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Orsted A/S:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY10.8%-10.8%
TTM-5Y10.9%-10.9%
5Y10.9%10Y9.1%+1.8%
1.2.2. Operating Ratio

Measures how efficient Orsted is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are kr0.00 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Orsted A/S:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.758-0.758
TTM-5Y0.575-0.575
5Y0.57510Y0.593-0.018

1.3. Liquidity of Orsted A/S.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.51 means the company has kr1.51 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Orsted A/S:

  • The MRQ is 1.506. The company is able to pay all its short-term debts. +1
  • The TTM is 1.506. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.506TTM1.5060.000
TTM1.506YOY1.008+0.498
TTM1.5065Y1.684-0.178
5Y1.68410Y1.752-0.068
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Orsted to the  industry mean.
  • A Quick Ratio of 0.45 means the company can pay off kr0.45 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Orsted A/S:

  • The MRQ is 0.452. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.452. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.452TTM0.4520.000
TTM0.452YOY0.548-0.097
TTM0.4525Y0.895-0.443
5Y0.89510Y1.099-0.203

1.4. Solvency of Orsted A/S.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Orsted to industry mean.
  • A Debt to Asset Ratio of 0.70 means that Orsted assets are financed with 69.7% credit (debt) and the remaining percentage (100% - 69.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Orsted A/S:

  • The MRQ is 0.697. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.697. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.697TTM0.6970.000
TTM0.697YOY0.6970.000
TTM0.6975Y0.606+0.091
5Y0.60610Y0.594+0.012
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Orsted to the  industry mean.
  • A Debt to Equity ratio of 229.5% means that company has kr2.30 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Orsted A/S:

  • The MRQ is 2.295. The company is just not able to pay all its debts with equity.
  • The TTM is 2.295. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.295TTM2.2950.000
TTM2.295YOY2.2950.000
TTM2.2955Y1.639+0.656
5Y1.63910Y1.558+0.081

2. Market Valuation of Orsted A/S

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Orsted generates.

  • Above 15 is considered overpriced but always compare Orsted to the  industry mean.
  • A PE ratio of 18.31 means the investor is paying kr18.31 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Orsted A/S:

  • The EOD is 11.159. Based on the earnings, the company is underpriced. +1
  • The MRQ is 18.308. Based on the earnings, the company is fair priced.
  • The TTM is 18.308. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.159MRQ18.308-7.149
MRQ18.308TTM18.3080.000
TTM18.308YOY34.699-16.391
TTM18.3085Y28.589-10.281
5Y28.58910Y25.094+3.496
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Orsted A/S:

  • The EOD is -7.702. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -12.636. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -12.636. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.702MRQ-12.636+4.934
MRQ-12.636TTM-12.6360.000
TTM-12.636YOY-15.820+3.184
TTM-12.6365Y-31.255+18.619
5Y-31.25510Y-29.138-2.118
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Orsted 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 3.25 means the investor is paying kr3.25 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Orsted A/S:

  • The EOD is 1.979. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.246. Based on the equity, the company is fair priced.
  • The TTM is 3.246. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.979MRQ3.246-1.268
MRQ3.246TTM3.2460.000
TTM3.246YOY4.323-1.076
TTM3.2465Y3.859-0.613
5Y3.85910Y3.565+0.294
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Orsted A/S 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%-10.1340%6.677-100%32.550-100%
Book Value Per Share--195.299195.2990%195.2990%199.196-2%192.983+1%
Current Ratio--1.5061.5060%1.008+49%1.684-11%1.752-14%
Debt To Asset Ratio--0.6970.6970%0.6970%0.606+15%0.594+17%
Debt To Equity Ratio--2.2952.2950%2.2950%1.639+40%1.558+47%
Dividend Per Share--13.75913.7590%12.519+10%11.861+16%10.884+26%
Eps--34.62834.6280%24.329+42%30.566+13%32.897+5%
Free Cash Flow Per Share---50.172-50.1720%-53.364+6%-31.878-36%-29.613-41%
Free Cash Flow To Equity Per Share---17.363-17.3630%-45.290+161%-29.168+68%-26.774+54%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---557.848--------
Intrinsic Value_10Y_min---646.947--------
Intrinsic Value_1Y_max---37.140--------
Intrinsic Value_1Y_min---48.297--------
Intrinsic Value_3Y_max---125.889--------
Intrinsic Value_3Y_min---160.291--------
Intrinsic Value_5Y_max---231.875--------
Intrinsic Value_5Y_min---288.061--------
Market Cap162347895091.200-64%266361720964.685266361720964.6850%354694857753.600-25%324604246809.257-18%294259803418.381-9%
Net Profit Margin----0%0.141-100%0.159-100%0.187-100%
Operating Margin----0%0.108-100%0.109-100%0.091-100%
Operating Ratio----0%0.758-100%0.575-100%0.593-100%
Pb Ratio1.979-64%3.2463.2460%4.323-25%3.859-16%3.565-9%
Pe Ratio11.159-64%18.30818.3080%34.699-47%28.589-36%25.094-27%
Price Per Share386.400-64%633.961633.9610%844.200-25%772.582-18%700.360-9%
Price To Free Cash Flow Ratio-7.702+39%-12.636-12.6360%-15.820+25%-31.255+147%-29.138+131%
Price To Total Gains Ratio28.083-64%46.07546.0750%353.987-87%109.879-58%91.903-50%
Quick Ratio--0.4520.4520%0.548-18%0.895-50%1.099-59%
Return On Assets--0.0560.0560%0.041+38%0.064-12%0.075-26%
Return On Equity--0.1840.1840%0.134+38%0.161+14%0.182+1%
Total Gains Per Share--13.75913.7590%2.385+477%18.537-26%43.434-68%
Usd Book Value--11898120000.00011898120000.0000%11898120000.0000%12135543000.000-2%11757010833.333+1%
Usd Book Value Change Per Share----0%-1.4690%0.968-100%4.720-100%
Usd Book Value Per Share--28.31828.3180%28.3180%28.883-2%27.983+1%
Usd Dividend Per Share--1.9951.9950%1.815+10%1.720+16%1.578+26%
Usd Eps--5.0215.0210%3.528+42%4.432+13%4.770+5%
Usd Free Cash Flow---3056600000.000-3056600000.0000%-3251045000.000+6%-1942072000.000-36%-1804090000.000-41%
Usd Free Cash Flow Per Share---7.275-7.2750%-7.738+6%-4.622-36%-4.294-41%
Usd Free Cash Flow To Equity Per Share---2.518-2.5180%-6.567+161%-4.229+68%-3.882+54%
Usd Market Cap23540444788.224-64%38622449539.87938622449539.8790%51430754374.272-25%47067615787.342-18%42667671495.665-9%
Usd Price Per Share56.028-64%91.92491.9240%122.409-25%112.024-18%101.552-9%
Usd Profit--2193270000.0002193270000.0000%1589490000.000+38%1946422000.000+13%2091697500.000+5%
Usd Revenue----0%11262585000.000-100%7938518000.000-100%8058399166.667-100%
Usd Total Gains Per Share--1.9951.9950%0.346+477%2.688-26%6.298-68%
 EOD+3 -5MRQTTM+0 -0YOY+19 -95Y+12 -2310Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of Orsted A/S based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.159
Price to Book Ratio (EOD)Between0-11.979
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.452
Current Ratio (MRQ)Greater than11.506
Debt to Asset Ratio (MRQ)Less than10.697
Debt to Equity Ratio (MRQ)Less than12.295
Return on Equity (MRQ)Greater than0.150.184
Return on Assets (MRQ)Greater than0.050.056
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Orsted A/S based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.607
Ma 20Greater thanMa 50368.629
Ma 50Greater thanMa 100380.292
Ma 100Greater thanMa 200361.511
OpenGreater thanClose376.450
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
 As reported
Total Liabilities 0
Total Stockholder Equity+ 0
Total Assets = 0

Assets

Total Assets0
Total Current Assets112,728,000
Long-term Assets0
Total Current Assets
Net Receivables 33,817,000
Inventory 14,103,000
Other Current Assets 24,202,000
Total Current Assets  (as reported)112,728,000
Total Current Assets  (calculated)72,122,000
+/- 40,606,000
Long-term Assets
Property Plant Equipment 177,665,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)177,665,000
+/- 177,665,000

Liabilities & Shareholders' Equity

Total Current Liabilities74,868,000
Long-term Liabilities0
Total Stockholder Equity0
Total Current Liabilities
Accounts payable 20,641,000
Other Current Liabilities 48,925,000
Total Current Liabilities  (as reported)74,868,000
Total Current Liabilities  (calculated)69,566,000
+/- 5,302,000
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock4,204,000
Other Stockholders Equity -6,674,000
Total Stockholder Equity (as reported)0
Total Stockholder Equity (calculated)-2,470,000
+/- 2,470,000
Other
Net Tangible Assets 87,507,000
Net Working Capital 37,860,000



Balance Sheet

Currency in DKK. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
0
146,521,000
174,575,000
192,860,000
0
270,385,000
0
0270,385,0000192,860,000174,575,000146,521,0000
   > Total Current Assets 
0
62,008,000
81,757,000
76,901,000
61,974,000
88,164,000
112,728,000
112,728,00088,164,00061,974,00076,901,00081,757,00062,008,0000
       Short-term Investments 
0
24,843,000
24,769,000
15,795,000
0
6,210,000
0
06,210,000015,795,00024,769,00024,843,0000
       Net Receivables 
0
9,170,000
18,107,000
14,478,000
11,334,000
26,901,000
33,817,000
33,817,00026,901,00011,334,00014,478,00018,107,0009,170,0000
       Other Current Assets 
0
16,436,000
21,423,000
25,449,000
5,299,000
30,431,000
24,202,000
24,202,00030,431,0005,299,00025,449,00021,423,00016,436,0000
   > Long-term Assets 0000000
       Property Plant Equipment 
0
75,845,000
84,055,000
106,013,000
121,610,000
161,396,000
177,665,000
177,665,000161,396,000121,610,000106,013,00084,055,00075,845,0000
       Goodwill 
125,000
125,000
125,000
125,000
0
0
0
000125,000125,000125,000125,000
       Intangible Assets 
0
564,000
652,000
547,000
0
1,543,000
0
01,543,0000547,000652,000564,0000
       Other Assets 
0
5,507,000
7,318,000
8,560,000
11,732,000
18,489,000
18,766,000
18,766,00018,489,00011,732,0008,560,0007,318,0005,507,0000
> Total Liabilities 
0
78,491,000
92,848,000
106,546,000
0
188,329,000
0
0188,329,0000106,546,00092,848,00078,491,0000
   > Total Current Liabilities 
0
29,657,000
39,787,000
38,303,000
33,639,000
87,460,000
74,868,000
74,868,00087,460,00033,639,00038,303,00039,787,00029,657,0000
       Accounts payable 
0
0
13,082,000
10,832,000
9,742,000
20,231,000
20,641,000
20,641,00020,231,0009,742,00010,832,00013,082,00000
       Other Current Liabilities 
0
0
24,059,000
25,434,000
19,719,000
45,810,000
48,925,000
48,925,00045,810,00019,719,00025,434,00024,059,00000
   > Long-term Liabilities 0000000
       Other Liabilities 
0
0
24,578,000
24,228,000
26,922,000
59,474,000
75,594,000
75,594,00059,474,00026,922,00024,228,00024,578,00000
> Total Stockholder Equity
0
68,030,000
81,727,000
86,314,000
0
82,056,000
0
082,056,000086,314,00081,727,00068,030,0000
   Common Stock
0
4,204,000
4,204,000
4,204,000
4,204,000
4,204,000
4,204,000
4,204,0004,204,0004,204,0004,204,0004,204,0004,204,0000
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 
21,279,000
0
0
0
0
0
0
00000021,279,000
   Treasury Stock0000000
   Other Stockholders Equity 
0
11,682,000
11,412,000
13,645,000
11,276,000
-6,794,000
-6,674,000
-6,674,000-6,794,00011,276,00013,645,00011,412,00011,682,0000



Balance Sheet

Currency in DKK. All numbers in thousands.




Cash Flow

Currency in DKK. All numbers in thousands.




Income Statement

Currency in DKK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense00
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income0
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)00
EBIT - interestExpense = 11,304,000
2,613,000
0
Interest Expense0
Earnings Before Interest and Taxes (EBIT)11,304,0000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax0
Tax Provision-0
Net Income From Continuing Ops00
Net Income0
Net Income Applicable To Common Shares14,549,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,729,000
Total Other Income/Expenses Net00
 

Technical Analysis of Orsted
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 Orsted. The general trend of Orsted 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 Orsted'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 Orsted A/S.

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: 401.50 < 418.30 < 420.00.

The bearish price targets are: 343.80 > 322.90 > 299.90.

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Orsted A/S 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 Orsted A/S. 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 down: The MA 20 is trending down. -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 higher 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 higher 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 below 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

Orsted A/S 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 Orsted A/S. The current macd is 0.10692314.

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 Orsted price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Orsted. 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 Orsted 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
Orsted A/S Daily Moving Average Convergence/Divergence (MACD) ChartOrsted A/S 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 Orsted A/S. The current adx is 14.85.

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 Orsted 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
Orsted A/S 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 Orsted A/S. The current sar is 351.13.

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
Orsted A/S 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 Orsted A/S. The current rsi is 58.61. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Orsted A/S Daily Relative Strength Index (RSI) ChartOrsted A/S 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 Orsted A/S. The current phase is Overbought in neutral market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Orsted price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Orsted A/S Daily Stochastic Oscillator ChartOrsted A/S 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 Orsted A/S. The current cci is 93.37.

Orsted A/S Daily Commodity Channel Index (CCI) ChartOrsted A/S 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 Orsted A/S. The current cmo is 31.37.

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
Orsted A/S Daily Chande Momentum Oscillator (CMO) ChartOrsted A/S 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 Orsted A/S. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Orsted A/S Daily Williams %R ChartOrsted A/S 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 Orsted A/S.

Orsted A/S 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 Orsted A/S. The current atr is 12.99.

Orsted A/S Daily Average True Range (ATR) ChartOrsted A/S 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 Orsted A/S. The current obv is -6,171,464.

Orsted A/S Daily On-Balance Volume (OBV) ChartOrsted A/S 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 Orsted A/S. The current mfi is 41.63.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Orsted A/S Daily Money Flow Index (MFI) ChartOrsted A/S Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Orsted A/S.

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
2023-11-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14SAR 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH 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
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH 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
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22DMI 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.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25DMI 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
2024-01-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29DMI 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.
2024-01-30DMI 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).
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-12CCI 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.
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-29DMI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-04DMI 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
2024-03-05SAR 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21MACD 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Orsted A/S Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Orsted A/S based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.607
Ma 20Greater thanMa 50368.629
Ma 50Greater thanMa 100380.292
Ma 100Greater thanMa 200361.511
OpenGreater thanClose376.450
Total2/5 (40.0%)
Penke

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