25 XP   0   0   10

Nekkar Asa
Buy, Hold or Sell?

Let's analyse Nekkar together

PenkeI guess you are interested in Nekkar Asa. 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 Nekkar Asa. 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 Nekkar Asa

I send you an email if I find something interesting about Nekkar Asa.

Quick analysis of Nekkar (30 sec.)










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

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
€0.28
Expected worth in 1 year
€0.39
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
€0.11
Return On Investment
12.8%

For what price can you sell your share?

Current Price per Share
€0.85
Expected price per share
€0.748 - €0.902
How sure are you?
50%

1. Valuation of Nekkar (5 min.)




Live pricePrice per Share (EOD)

€0.85

Intrinsic Value Per Share

€-0.24 - €-0.05

Total Value Per Share

€0.04 - €0.23

2. Growth of Nekkar (5 min.)




Is Nekkar growing?

Current yearPrevious yearGrowGrow %
How rich?$32.4m$29.2m$3.2m9.9%

How much money is Nekkar making?

Current yearPrevious yearGrowGrow %
Making money$2.9m$10.2m-$7.2m-246.2%
Net Profit Margin8.2%23.0%--

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

3. Financial Health of Nekkar (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#620 / 738

Most Revenue
#490 / 738

Most Profit
#388 / 738

Most Efficient
#251 / 738

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

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

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

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

Speculation

The Price per Share of Nekkar is €0.848. 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 Nekkar.
  • 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 Nekkar, 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 €0.28. Based on the TTM, the Book Value Change Per Share is €0.03 per quarter. Based on the YOY, the Book Value Change Per Share is €0.09 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 €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nekkar.

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 Eps0.033.3%0.033.3%0.1011.3%0.055.7%-0.01-1.2%
Usd Book Value Change Per Share0.033.5%0.033.5%0.1011.5%-0.05-5.4%0.033.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.1517.5%0.1214.6%
Usd Total Gains Per Share0.033.5%0.033.5%0.1011.5%0.1012.1%0.1518.2%
Usd Price Per Share0.63-0.63-1.05-0.63-0.56-
Price to Earnings Ratio22.80-22.80-10.99--2.27--0.68-
Price-to-Total Gains Ratio21.42-21.42-10.78-2.85-2.90-
Price to Book Ratio2.07-2.07-3.83-2.37-1.63-
Price-to-Total Gains Ratio21.42-21.42-10.78-2.85-2.90-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.9172816
Number of shares1090
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.15
Usd Book Value Change Per Share0.03-0.05
Usd Total Gains Per Share0.030.10
Gains per Quarter (1090 shares)32.03111.60
Gains per Year (1090 shares)128.12446.40
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10128118647-201436
202562461294-401882
303843741941-6021328
405125022588-8031774
506416303236-10042220
607697583883-12042666
708978864530-14053112
80102510145177-16063558
90115311425824-18064004
100128112706471-20074450

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%2.01.00.066.7%3.02.00.060.0%4.06.00.040.0%4.06.00.040.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%5.05.00.050.0%5.05.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%2.00.03.040.0%5.00.05.050.0%5.00.05.050.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%

Fundamentals of Nekkar

About Nekkar Asa

Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions. The company offers shipyard solutions, including Syncrolift shiplift and transfer systems for launching and retrievals of vessels, as well as fast and reliable way of moving vessels around the yard; and FastDocking products for efficient operations during docking and maintenance of vessels. It also offers service and upgrades, shiplift and transfer systems maintenance, spare replacements, and upgrades of small and larger components. In addition, the company offers starfish, an automated and closed cage solution that has double protection against escapes, avoids problems with salmon lice due to water intake from deep waters below the cage, and can collect up to 90 percent of biological waste; and SkyWalker, a wind turbine installation tool. Further, it develops open software platforms for collection, monitoring, and control of data for numerous industries. The company operates in South Asia, North East Asia, Europe, South East Asia, Africa, North America, South America, West Asia, Australia, and internationally. The company was formerly known as TTS Group ASA and changed its name to Nekkar ASA in July 2019. Nekkar ASA founded in 1966 and is headquartered in Kristiansand, Norway.

Fundamental data was last updated by Penke on 2024-03-27 12:16:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Nekkar Asa.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Nekkar to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 8.2% means that €0.08 for each €1 in revenue is generated as profit.

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

  • The MRQ is 8.2%. The company is making a profit. +1
  • The TTM is 8.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.2%TTM8.2%0.0%
TTM8.2%YOY23.0%-14.7%
TTM8.2%5Y16.4%-8.2%
5Y16.4%10Y5.4%+11.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ8.2%5.5%+2.7%
TTM8.2%5.2%+3.0%
YOY23.0%5.1%+17.9%
5Y16.4%4.5%+11.9%
10Y5.4%4.7%+0.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Nekkar to the Specialty Industrial Machinery industry mean.
  • 6.3% Return on Assets means that Nekkar generated €0.06 profit for each $1 in assets.

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

  • The MRQ is 6.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.3%TTM6.3%0.0%
TTM6.3%YOY24.4%-18.1%
TTM6.3%5Y14.1%-7.8%
5Y14.1%10Y5.3%+8.7%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.3%1.1%+5.2%
TTM6.3%1.0%+5.3%
YOY24.4%1.1%+23.3%
5Y14.1%1.0%+13.1%
10Y5.3%1.1%+4.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Nekkar to the Specialty Industrial Machinery industry mean.
  • 9.6% Return on Equity means Nekkar generated €0.10 for each €1 the owners (shareholders) invested.

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

  • The MRQ is 9.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.6%TTM9.6%0.0%
TTM9.6%YOY37.1%-27.5%
TTM9.6%5Y22.0%-12.4%
5Y22.0%10Y3.6%+18.4%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ9.6%2.3%+7.3%
TTM9.6%2.1%+7.5%
YOY37.1%2.2%+34.9%
5Y22.0%2.0%+20.0%
10Y3.6%2.2%+1.4%

1.2. Operating Efficiency of Nekkar Asa.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nekkar is operating .

  • Measures how much profit Nekkar 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 Nekkar to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY27.9%-27.9%
TTM-5Y13.6%-13.6%
5Y13.6%10Y6.6%+6.9%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM-4.7%-4.7%
YOY27.9%6.2%+21.7%
5Y13.6%6.2%+7.4%
10Y6.6%5.0%+1.6%
1.2.2. Operating Ratio

Measures how efficient Nekkar is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.40 means that the operating costs are €1.40 for each €1 in net sales.

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

  • The MRQ is 1.398. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.398. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.398TTM1.3980.000
TTM1.398YOY1.214+0.185
TTM1.3985Y1.394+0.004
5Y1.39410Y1.516-0.121
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3981.534-0.136
TTM1.3981.554-0.156
YOY1.2141.550-0.336
5Y1.3941.523-0.129
10Y1.5161.248+0.268

1.3. Liquidity of Nekkar Asa.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 2.69 means the company has €2.69 in assets for each €1 in short-term debts.

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

  • The MRQ is 2.688. The company is able to pay all its short-term debts. +1
  • The TTM is 2.688. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.688TTM2.6880.000
TTM2.688YOY2.751-0.063
TTM2.6885Y1.980+0.708
5Y1.98010Y1.504+0.476
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6881.674+1.014
TTM2.6881.688+1.000
YOY2.7511.649+1.102
5Y1.9801.740+0.240
10Y1.5041.534-0.030
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nekkar to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.70 means the company can pay off €0.70 for each €1 in debt (using most liquid assets).

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

  • The MRQ is 0.699. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.699. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.699TTM0.6990.000
TTM0.699YOY1.035-0.336
TTM0.6995Y0.450+0.249
5Y0.45010Y0.466-0.016
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6990.717-0.018
TTM0.6990.749-0.050
YOY1.0350.814+0.221
5Y0.4500.858-0.408
10Y0.4660.860-0.394

1.4. Solvency of Nekkar Asa.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Nekkar to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.31 means that Nekkar assets are financed with 30.8% credit (debt) and the remaining percentage (100% - 30.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.308. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.308. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.308TTM0.3080.000
TTM0.308YOY0.299+0.009
TTM0.3085Y0.494-0.186
5Y0.49410Y0.613-0.120
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3080.499-0.191
TTM0.3080.503-0.195
YOY0.2990.504-0.205
5Y0.4940.497-0.003
10Y0.6130.491+0.122
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Nekkar to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 47.2% means that company has €0.47 debt for each €1 in shareholders equity.

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

  • The MRQ is 0.472. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.472. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.472TTM0.4720.000
TTM0.472YOY0.455+0.017
TTM0.4725Y1.799-1.327
5Y1.79910Y2.537-0.738
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4720.998-0.526
TTM0.4721.016-0.544
YOY0.4551.013-0.558
5Y1.7991.052+0.747
10Y2.5371.032+1.505

2. Market Valuation of Nekkar Asa

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 Nekkar generates.

  • Above 15 is considered overpriced but always compare Nekkar to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 22.80 means the investor is paying €22.80 for every €1 in earnings.

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

  • The EOD is 33.222. Based on the earnings, the company is overpriced. -1
  • The MRQ is 22.801. Based on the earnings, the company is fair priced.
  • The TTM is 22.801. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD33.222MRQ22.801+10.421
MRQ22.801TTM22.8010.000
TTM22.801YOY10.993+11.808
TTM22.8015Y-2.269+25.070
5Y-2.26910Y-0.677-1.592
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD33.22219.476+13.746
MRQ22.80118.616+4.185
TTM22.80119.352+3.449
YOY10.99317.955-6.962
5Y-2.26921.955-24.224
10Y-0.67728.443-29.120
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 68.027. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 46.689. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 46.689. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD68.027MRQ46.689+21.339
MRQ46.689TTM46.6890.000
TTM46.689YOY-14.987+61.675
TTM46.6895Y9.859+36.830
5Y9.85910Y5.586+4.273
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD68.0275.476+62.551
MRQ46.6894.966+41.723
TTM46.6892.621+44.068
YOY-14.987-0.130-14.857
5Y9.8590.502+9.357
10Y5.5862.022+3.564
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 2.07 means the investor is paying €2.07 for each €1 in book value.

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

  • The EOD is 3.014. Based on the equity, the company is fair priced.
  • The MRQ is 2.068. Based on the equity, the company is underpriced. +1
  • The TTM is 2.068. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.014MRQ2.068+0.945
MRQ2.068TTM2.0680.000
TTM2.068YOY3.832-1.763
TTM2.0685Y2.366-0.298
5Y2.36610Y1.625+0.741
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD3.0142.115+0.899
MRQ2.0682.124-0.056
TTM2.0682.181-0.113
YOY3.8322.361+1.471
5Y2.3662.377-0.011
10Y1.6252.932-1.307
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nekkar Asa 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--0.0270.0270%0.090-70%-0.043+257%0.028-3%
Book Value Per Share--0.2810.2810%0.254+11%0.261+8%0.396-29%
Current Ratio--2.6882.6880%2.751-2%1.980+36%1.504+79%
Debt To Asset Ratio--0.3080.3080%0.299+3%0.494-38%0.613-50%
Debt To Equity Ratio--0.4720.4720%0.455+4%1.799-74%2.537-81%
Dividend Per Share----0%-0%0.137-100%0.114-100%
Eps--0.0260.0260%0.089-71%0.044-42%-0.010+137%
Free Cash Flow Per Share--0.0120.0120%-0.065+621%0.036-65%0.040-69%
Free Cash Flow To Equity Per Share--0.0050.0050%-0.066+1317%-0.075+1481%-0.056+1132%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.048--------
Intrinsic Value_10Y_min---0.241--------
Intrinsic Value_1Y_max--0.027--------
Intrinsic Value_1Y_min--0.005--------
Intrinsic Value_3Y_max--0.057--------
Intrinsic Value_3Y_min---0.009--------
Intrinsic Value_5Y_max--0.057--------
Intrinsic Value_5Y_min---0.052--------
Market Cap89232496.000+30%62142294.56462142294.5640%103717722.432-40%62163021.7250%54336677.862+14%
Net Profit Margin--0.0820.0820%0.230-64%0.164-50%0.054+53%
Operating Margin----0%0.279-100%0.136-100%0.066-100%
Operating Ratio--1.3981.3980%1.214+15%1.394+0%1.516-8%
Pb Ratio3.014+31%2.0682.0680%3.832-46%2.366-13%1.625+27%
Pe Ratio33.222+31%22.80122.8010%10.993+107%-2.269+110%-0.677+103%
Price Per Share0.848+31%0.5820.5820%0.974-40%0.585-1%0.514+13%
Price To Free Cash Flow Ratio68.027+31%46.68946.6890%-14.987+132%9.859+374%5.586+736%
Price To Total Gains Ratio31.215+31%21.42321.4230%10.777+99%2.849+652%2.901+638%
Quick Ratio--0.6990.6990%1.035-32%0.450+55%0.466+50%
Return On Assets--0.0630.0630%0.244-74%0.141-55%0.053+18%
Return On Equity--0.0960.0960%0.371-74%0.220-56%0.036+165%
Total Gains Per Share--0.0270.0270%0.090-70%0.095-71%0.142-81%
Usd Book Value--32497362.52732497362.5270%29280663.643+11%29971559.451+8%45129452.012-28%
Usd Book Value Change Per Share--0.0290.0290%0.098-70%-0.046+257%0.030-3%
Usd Book Value Per Share--0.3040.3040%0.275+11%0.283+8%0.428-29%
Usd Dividend Per Share----0%-0%0.148-100%0.124-100%
Usd Eps--0.0280.0280%0.096-71%0.048-42%-0.010+137%
Usd Free Cash Flow--1439736.6421439736.6420%-7486000.905+620%4057225.822-65%2713610.513-47%
Usd Free Cash Flow Per Share--0.0130.0130%-0.070+621%0.038-65%0.043-69%
Usd Free Cash Flow To Equity Per Share--0.0060.0060%-0.072+1317%-0.081+1481%-0.061+1132%
Usd Market Cap96522790.923+30%67219320.03067219320.0300%112191460.355-40%67241740.6000%58775984.444+14%
Usd Price Per Share0.917+31%0.6300.6300%1.054-40%0.633-1%0.556+13%
Usd Profit--2948085.0832948085.0830%10206028.148-71%5084810.188-42%-1066362.532+136%
Usd Revenue--35880266.78135880266.7810%44443315.510-19%31738780.855+13%122313160.262-71%
Usd Total Gains Per Share--0.0290.0290%0.098-70%0.102-71%0.154-81%
 EOD+4 -4MRQTTM+0 -0YOY+11 -225Y+15 -2010Y+17 -18

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1533.222
Price to Book Ratio (EOD)Between0-13.014
Net Profit Margin (MRQ)Greater than00.082
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.699
Current Ratio (MRQ)Greater than12.688
Debt to Asset Ratio (MRQ)Less than10.308
Debt to Equity Ratio (MRQ)Less than10.472
Return on Equity (MRQ)Greater than0.150.096
Return on Assets (MRQ)Greater than0.050.063
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.063
Ma 20Greater thanMa 500.876
Ma 50Greater thanMa 1000.882
Ma 100Greater thanMa 2000.815
OpenGreater thanClose0.841
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets507,143
Total Liabilities156,175
Total Stockholder Equity330,878
 As reported
Total Liabilities 156,175
Total Stockholder Equity+ 330,878
Total Assets = 507,143

Assets

Total Assets507,143
Total Current Assets411,214
Long-term Assets95,929
Total Current Assets
Cash And Cash Equivalents 181,281
Net Receivables 106,875
Inventory 2,317
Other Current Assets 136
Total Current Assets  (as reported)411,214
Total Current Assets  (calculated)290,609
+/- 120,605
Long-term Assets
Property Plant Equipment 14,220
Goodwill 16,643
Intangible Assets 58,036
Long-term Assets Other -2
Long-term Assets  (as reported)95,929
Long-term Assets  (calculated)88,897
+/- 7,032

Liabilities & Shareholders' Equity

Total Current Liabilities153,006
Long-term Liabilities3,169
Total Stockholder Equity330,878
Total Current Liabilities
Accounts payable 45,893
Other Current Liabilities 80,324
Total Current Liabilities  (as reported)153,006
Total Current Liabilities  (calculated)126,217
+/- 26,789
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt4,265
Long-term Liabilities  (as reported)3,169
Long-term Liabilities  (calculated)4,265
+/- 1,096
Total Stockholder Equity
Common Stock11,746
Total Stockholder Equity (as reported)330,878
Total Stockholder Equity (calculated)11,746
+/- 319,132
Other
Capital Stock11,746
Common Stock Shares Outstanding 106,774
Net Invested Capital 330,878
Net Tangible Assets 302,287
Net Working Capital 258,208
Property Plant and Equipment Gross 52,392



Balance Sheet

Currency in NOK. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
2,224,626
2,411,477
3,025,503
2,175,226
2,328,483
2,416,036
416,041
558,084
451,241
507,143
507,143451,241558,084416,0412,416,0362,328,4832,175,2263,025,5032,411,4772,224,626
   > Total Current Assets 
1,282,328
1,484,462
1,919,157
1,341,967
2,295,843
2,377,405
340,286
468,097
358,288
411,214
411,214358,288468,097340,2862,377,4052,295,8431,341,9671,919,1571,484,4621,282,328
       Cash And Cash Equivalents 
155,571
130,602
413,210
175,784
261,843
349,445
260,948
367,850
174,501
181,281
181,281174,501367,850260,948349,445261,843175,784413,210130,602155,571
       Short-term Investments 
0
0
258
64
291
103,967
0
0
0
0
0000103,9672916425800
       Net Receivables 
841,617
1,022,173
978,971
840,844
82,972
110,043
54,339
36,643
134,749
106,875
106,875134,74936,64354,339110,04382,972840,844978,9711,022,173841,617
       Inventory 
200,801
189,264
414,157
229,034
636
596
6,885
5,412
3,474
2,317
2,3173,4745,4126,885596636229,034414,157189,264200,801
       Other Current Assets 
79,984
131,740
96,485
87,144
1,944,413
1,916,203
15,362
30,914
11,505
136
13611,50530,91415,3621,916,2031,944,41387,14496,485131,74079,984
   > Long-term Assets 
0
0
0
833,260
32,641
38,631
75,754
89,987
92,952
95,929
95,92992,95289,98775,75438,63132,641833,260000
       Property Plant Equipment 
136,050
160,897
134,521
94,338
7,322
13,611
7,111
12,300
20,242
14,220
14,22020,24212,3007,11113,6117,32294,338134,521160,897136,050
       Goodwill 
538,119
563,208
701,807
575,798
583,974
0
16,643
16,643
16,643
16,643
16,64316,64316,64316,6430583,974575,798701,807563,208538,119
       Long Term Investments 
132,688
102,582
84,975
29,160
0
0
0
0
0
0
00000029,16084,975102,582132,688
       Intangible Assets 
30,947
34,322
125,312
104,283
-577,501
6,081
16,647
26,841
40,083
58,036
58,03640,08326,84116,6476,081-577,501104,283125,31234,32230,947
       Long-term Assets Other 
0
0
0
2
1
38,631
-14
-12,301
2
-2
-22-12,301-1438,63112000
> Total Liabilities 
1,657,956
1,801,115
2,170,937
1,558,800
1,721,023
1,901,806
182,496
354,607
135,013
156,175
156,175135,013354,607182,4961,901,8061,721,0231,558,8002,170,9371,801,1151,657,956
   > Total Current Liabilities 
1,368,162
1,681,636
2,119,357
1,240,700
1,721,023
1,901,806
181,821
349,458
130,253
153,006
153,006130,253349,458181,8211,901,8061,721,0231,240,7002,119,3571,681,6361,368,162
       Short-term Debt 
233,439
297,764
522,812
198,307
339,845
287,445
0
0
0
0
0000287,445339,845198,307522,812297,764233,439
       Short Long Term Debt 
233,439
297,764
522,812
198,307
339,845
287,445
0
0
0
0
0000287,445339,845198,307522,812297,764233,439
       Accounts payable 
298,698
258,469
285,861
257,318
16,277
9,715
14,005
24,616
20,682
45,893
45,89320,68224,61614,0059,71516,277257,318285,861258,469298,698
       Other Current Liabilities 
989,021
1,094,436
1,283,580
762,851
1,361,592
1,601,494
127,038
285,849
84,845
80,324
80,32484,845285,849127,0381,601,4941,361,592762,8511,283,5801,094,436989,021
   > Long-term Liabilities 
0
0
0
318,100
-1
0
675
5,149
4,760
3,169
3,1694,7605,1496750-1318,100000
       Capital Lease Obligations 
0
0
0
0
0
0
0
4,550
5,800
4,265
4,2655,8004,5500000000
       Deferred Long Term Liability 
46,746
34,853
16,510
12,420
955
0
0
18,916
0
46,087
46,087018,9160095512,42016,51034,85346,746
> Total Stockholder Equity
566,670
610,362
634,507
471,937
456,078
357,702
217,495
185,598
296,952
330,878
330,878296,952185,598217,495357,702456,078471,937634,507610,362566,670
   Common Stock
9,527
9,527
9,527
9,527
9,527
9,580
11,618
11,696
11,714
11,746
11,74611,71411,69611,6189,5809,5279,5279,5279,5279,527
   Retained Earnings Total Equity0000000000
   Accumulated Other Comprehensive Income 0000000000
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
407,781
451,469
475,614
313,044
297,185
196,398
205,878
171,152
281,376
0
0281,376171,152205,878196,398297,185313,044475,614451,469407,781



Balance Sheet

Currency in NOK. All numbers in thousands.




Cash Flow

Currency in NOK. All numbers in thousands.




Income Statement

Currency in NOK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue387,503
Cost of Revenue-206,132
Gross Profit181,371181,371
 
Operating Income (+$)
Gross Profit181,371
Operating Expense-335,738
Operating Income51,765-154,367
 
Operating Expense (+$)
Research Development-
Selling General Administrative19,959
Selling And Marketing Expenses-
Operating Expense335,73819,959
 
Net Interest Income (+$)
Interest Income4,884
Interest Expense-3,437
Other Finance Cost-622
Net Interest Income825
 
Pretax Income (+$)
Operating Income51,765
Net Interest Income825
Other Non-Operating Income Expenses-
Income Before Tax (EBT)42,63451,765
EBIT - interestExpense = -3,437
41,820
35,276
Interest Expense3,437
Earnings Before Interest and Taxes (EBIT)-46,071
Earnings Before Interest and Taxes (EBITDA)56,546
 
After tax Income (+$)
Income Before Tax42,634
Tax Provision-9,981
Net Income From Continuing Ops32,65432,653
Net Income31,839
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses38,836
Total Other Income/Expenses Net--825
 

Technical Analysis of Nekkar
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 Nekkar. The general trend of Nekkar is BULLISH with 42.9% 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 Nekkar'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 (42.9%) Bearish trend (-42.9%)
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 Nekkar Asa.

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

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

The bullish price targets are: 0.848 < 0.849 < 0.902.

The bearish price targets are: 0.841 > 0.824 > 0.748.

Tweet this
Nekkar Asa 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 Nekkar Asa. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

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

Directionalities and relatives.

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

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

Nekkar Asa 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 Nekkar Asa. The current macd is -0.00723174.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nekkar price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nekkar. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nekkar price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nekkar Asa Daily Moving Average Convergence/Divergence (MACD) ChartNekkar Asa 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 Nekkar Asa. The current adx is 15.39.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nekkar shares, leading to potential downward 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 bearish trend could be forming. -1
Nekkar Asa 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 Nekkar Asa. The current sar is 0.89979556.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Nekkar Asa 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 Nekkar Asa. The current rsi is 41.06. The current phase is Correction in bull market.

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

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Nekkar Asa Daily Relative Strength Index (RSI) ChartNekkar Asa 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 Nekkar Asa. The current phase is Oversold in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nekkar price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Nekkar Asa Daily Stochastic Oscillator ChartNekkar Asa 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 Nekkar Asa. The current cci is -124.77763659.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Nekkar Asa Daily Commodity Channel Index (CCI) ChartNekkar Asa 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 Nekkar Asa. The current cmo is -32.01357094.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Nekkar Asa Daily Chande Momentum Oscillator (CMO) ChartNekkar Asa 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 Nekkar Asa. The current willr is -88.52459016.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Nekkar Asa Daily Williams %R ChartNekkar Asa 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 Nekkar Asa.

Nekkar Asa 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 Nekkar Asa. The current atr is 0.02107047.

Nekkar Asa Daily Average True Range (ATR) ChartNekkar Asa 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 Nekkar Asa. The current obv is -66,807.

Nekkar Asa Daily On-Balance Volume (OBV) ChartNekkar Asa 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 Nekkar Asa. The current mfi is 21.87.

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
Nekkar Asa Daily Money Flow Index (MFI) ChartNekkar Asa Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nekkar Asa.

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
2023-11-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27 00:00:00SAR 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).
2023-11-28 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-08 00:00:00DMI 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).
2023-12-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14 00:00:00SAR 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).
2023-12-18 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-19 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-05 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-16 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28 00:00:00STOCH 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).
2024-02-29 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07 00:00:00STOCH 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
2024-03-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13 00:00:00STOCH 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
2024-03-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15 00:00:00DMI 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
2024-03-18 00:00:00DMI 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.
2024-03-19 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Nekkar Asa Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.063
Ma 20Greater thanMa 500.876
Ma 50Greater thanMa 1000.882
Ma 100Greater thanMa 2000.815
OpenGreater thanClose0.841
Total2/5 (40.0%)
Penke

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

  • Share my analysis of Nekkar with someone you think should read this too:
  • Are you bullish or bearish on Nekkar? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Nekkar? 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 Nekkar Asa

I send you an email if I find something interesting about Nekkar Asa.


Comments

How you think about this?

Leave a comment

Stay informed about Nekkar Asa.

Receive notifications about Nekkar Asa in your mailbox!