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Redrow PLC
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PenkeI guess you are interested in Redrow PLC. 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 Redrow PLC. 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 Redrow PLC (30 sec.)










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

How much money do you get?

How much money do you get?
€1.41
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€6.13
Expected worth in 1 year
€8.48
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
€3.66
Return On Investment
47.6%

For what price can you sell your share?

Current Price per Share
€7.69
Expected price per share
€6.93 - €8.09
How sure are you?
50%

1. Valuation of Redrow PLC (5 min.)




Live pricePrice per Share (EOD)

€7.69

Intrinsic Value Per Share

€2.90 - €19.42

Total Value Per Share

€9.03 - €25.54

2. Growth of Redrow PLC (5 min.)




Is Redrow PLC growing?

Current yearPrevious yearGrowGrow %
How rich?$2.1b$2.1b$82.2m3.8%

How much money is Redrow PLC making?

Current yearPrevious yearGrowGrow %
Making money$322.3m$213m$109.2m33.9%
Net Profit Margin14.0%9.2%--

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

3. Financial Health of Redrow PLC (5 min.)




4. Comparing to competitors in the Residential Construction industry (5 min.)




  Industry Rankings (Residential Construction)  


Richest
#18 / 71

Most Revenue
#22 / 71

Most Profit
#11 / 71

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

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

What can you expect buying and holding a share of Redrow PLC?

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

Speculation

The Price per Share of Redrow PLC is €7.685. 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 Redrow PLC.
  • 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 Redrow PLC, 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 €6.13. Based on the TTM, the Book Value Change Per Share is €0.59 per quarter. Based on the YOY, the Book Value Change Per Share is €0.22 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 €0.33 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Redrow PLC.

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 Eps0.9712.7%0.9712.7%0.617.9%0.749.7%0.7810.1%
Usd Book Value Change Per Share0.648.3%0.648.3%0.243.1%0.415.4%0.9512.3%
Usd Dividend Per Share0.354.6%0.354.6%0.314.0%0.253.3%0.233.0%
Usd Total Gains Per Share0.9912.9%0.9912.9%0.557.1%0.678.7%1.1815.4%
Usd Price Per Share5.48-5.48-5.90-6.22-4.44-
Price to Earnings Ratio5.62-5.62-9.74-9.53-6.81-
Price-to-Total Gains Ratio5.54-5.54-10.78-10.36-10.36-
Price to Book Ratio0.83-0.83-0.98-1.12-0.80-
Price-to-Total Gains Ratio5.54-5.54-10.78-10.36-10.36-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.3128645
Number of shares120
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.350.25
Usd Book Value Change Per Share0.640.41
Usd Total Gains Per Share0.990.67
Gains per Quarter (120 shares)118.7580.29
Gains per Year (120 shares)474.99321.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1170305465122199311
2339611940245398632
35099161415367596953
4678122218904897951274
5848152723656129941595
610171833284073411931916
711872138331585713922237
813562444379097915902558
9152627494265110117892879
10169530554740122419883200

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%

Fundamentals of Redrow PLC

About Redrow PLC

Redrow plc focuses on housebuilding activities in the United Kingdom. It is involved in acquires, develops, and resells land; develops and sells residential housing properties; and business park maintenance services. Redrow plc was founded in 1974 and is based in Flintshire, the United Kingdom.

Fundamental data was last updated by Penke on 2024-03-27 12:48:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Redrow PLC.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • A Net Profit Margin of 14.0% means that €0.14 for each €1 in revenue is generated as profit.

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

  • The MRQ is 14.0%. The company is making a huge profit. +2
  • The TTM is 14.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.0%TTM14.0%0.0%
TTM14.0%YOY9.2%+4.8%
TTM14.0%5Y12.1%+1.9%
5Y12.1%10Y13.1%-1.0%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ14.0%8.4%+5.6%
TTM14.0%8.0%+6.0%
YOY9.2%9.5%-0.3%
5Y12.1%9.0%+3.1%
10Y13.1%7.7%+5.4%
1.1.2. Return on Assets

Shows how efficient Redrow PLC is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • 9.7% Return on Assets means that Redrow PLC generated €0.10 profit for each $1 in assets.

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

  • The MRQ is 9.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 9.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.7%TTM9.7%0.0%
TTM9.7%YOY6.2%+3.5%
TTM9.7%5Y8.3%+1.3%
5Y8.3%10Y9.4%-1.1%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ9.7%2.2%+7.5%
TTM9.7%2.4%+7.3%
YOY6.2%3.2%+3.0%
5Y8.3%2.6%+5.7%
10Y9.4%2.0%+7.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • 14.7% Return on Equity means Redrow PLC generated €0.15 for each €1 the owners (shareholders) invested.

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

  • The MRQ is 14.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.7%TTM14.7%0.0%
TTM14.7%YOY10.1%+4.6%
TTM14.7%5Y13.2%+1.5%
5Y13.2%10Y15.3%-2.1%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ14.7%3.9%+10.8%
TTM14.7%4.3%+10.4%
YOY10.1%6.2%+3.9%
5Y13.2%5.6%+7.6%
10Y15.3%4.2%+11.1%

1.2. Operating Efficiency of Redrow PLC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Redrow PLC is operating .

  • Measures how much profit Redrow PLC 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 Redrow PLC to the Residential Construction industry mean.
  • An Operating Margin of 18.8% means the company generated €0.19  for each €1 in revenue (before taxes).

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

  • The MRQ is 18.8%. The company is operating efficient. +1
  • The TTM is 18.8%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ18.8%TTM18.8%0.0%
TTM18.8%YOY19.3%-0.6%
TTM18.8%5Y17.6%+1.2%
5Y17.6%10Y18.2%-0.6%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ18.8%10.9%+7.9%
TTM18.8%10.6%+8.2%
YOY19.3%13.8%+5.5%
5Y17.6%11.3%+6.3%
10Y18.2%9.6%+8.6%
1.2.2. Operating Ratio

Measures how efficient Redrow PLC is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Residential Construction industry mean).
  • An Operation Ratio of 1.57 means that the operating costs are €1.57 for each €1 in net sales.

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

  • The MRQ is 1.574. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.574. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.574TTM1.5740.000
TTM1.574YOY1.719-0.145
TTM1.5745Y1.638-0.064
5Y1.63810Y1.615+0.022
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5740.902+0.672
TTM1.5740.897+0.677
YOY1.7190.876+0.843
5Y1.6380.900+0.738
10Y1.6150.924+0.691

1.3. Liquidity of Redrow PLC.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Residential Construction industry mean).
  • A Current Ratio of 3.52 means the company has €3.52 in assets for each €1 in short-term debts.

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

  • The MRQ is 3.523. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.523. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.523TTM3.5230.000
TTM3.523YOY3.077+0.445
TTM3.5235Y3.320+0.202
5Y3.32010Y3.302+0.018
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5233.5230.000
TTM3.5233.681-0.158
YOY3.0773.518-0.441
5Y3.3203.756-0.436
10Y3.3023.368-0.066
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • A Quick Ratio of 0.04 means the company can pay off €0.04 for each €1 in debt (using most liquid assets).

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

  • The MRQ is 0.043. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.043. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.043TTM0.0430.000
TTM0.043YOY0.076-0.033
TTM0.0435Y0.070-0.027
5Y0.07010Y0.064+0.006
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0430.793-0.750
TTM0.0430.788-0.745
YOY0.0760.701-0.625
5Y0.0700.794-0.724
10Y0.0640.751-0.687

1.4. Solvency of Redrow PLC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Redrow PLC assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Redrow PLC to Residential Construction industry mean.
  • A Debt to Asset Ratio of 0.34 means that Redrow PLC assets are financed with 34.3% credit (debt) and the remaining percentage (100% - 34.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.343. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.343. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.343TTM0.3430.000
TTM0.343YOY0.386-0.043
TTM0.3435Y0.373-0.030
5Y0.37310Y0.384-0.011
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3430.405-0.062
TTM0.3430.406-0.063
YOY0.3860.466-0.080
5Y0.3730.451-0.078
10Y0.3840.469-0.085
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • A Debt to Equity ratio of 52.3% means that company has €0.52 debt for each €1 in shareholders equity.

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

  • The MRQ is 0.523. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.523. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.5230.000
TTM0.523YOY0.629-0.106
TTM0.5235Y0.599-0.076
5Y0.59910Y0.628-0.030
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5230.653-0.130
TTM0.5230.679-0.156
YOY0.6290.845-0.216
5Y0.5990.818-0.219
10Y0.6280.956-0.328

2. Market Valuation of Redrow PLC

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 Redrow PLC generates.

  • Above 15 is considered overpriced but always compare Redrow PLC to the Residential Construction industry mean.
  • A PE ratio of 5.62 means the investor is paying €5.62 for every €1 in earnings.

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

  • The EOD is 8.530. Based on the earnings, the company is underpriced. +1
  • The MRQ is 5.622. Based on the earnings, the company is cheap. +2
  • The TTM is 5.622. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.530MRQ5.622+2.908
MRQ5.622TTM5.6220.000
TTM5.622YOY9.743-4.121
TTM5.6225Y9.528-3.906
5Y9.52810Y6.805+2.722
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
EOD8.5308.939-0.409
MRQ5.6228.042-2.420
TTM5.6227.162-1.540
YOY9.7438.389+1.354
5Y9.52810.038-0.510
10Y6.80511.240-4.435
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 16.506. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 10.879. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.879. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD16.506MRQ10.879+5.627
MRQ10.879TTM10.8790.000
TTM10.879YOY7.469+3.410
TTM10.8795Y4.482+6.397
5Y4.48210Y3.202+1.281
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
EOD16.5061.964+14.542
MRQ10.8792.266+8.613
TTM10.8791.746+9.133
YOY7.4694.796+2.673
5Y4.4822.318+2.164
10Y3.2021.532+1.670
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Residential Construction industry mean).
  • A PB ratio of 0.83 means the investor is paying €0.83 for each €1 in book value.

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

  • The EOD is 1.255. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.827. Based on the equity, the company is cheap. +2
  • The TTM is 0.827. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.255MRQ0.827+0.428
MRQ0.827TTM0.8270.000
TTM0.827YOY0.984-0.157
TTM0.8275Y1.118-0.292
5Y1.11810Y0.799+0.320
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
EOD1.2551.168+0.087
MRQ0.8271.038-0.211
TTM0.8270.968-0.141
YOY0.9841.007-0.023
5Y1.1181.243-0.125
10Y0.7991.265-0.466
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Redrow PLC 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--0.5880.5880%0.221+166%0.383+54%0.875-33%
Book Value Per Share--6.1256.1250%5.537+11%5.219+17%4.830+27%
Current Ratio--3.5233.5230%3.077+14%3.320+6%3.302+7%
Debt To Asset Ratio--0.3430.3430%0.386-11%0.373-8%0.384-11%
Debt To Equity Ratio--0.5230.5230%0.629-17%0.599-13%0.628-17%
Dividend Per Share--0.3270.3270%0.284+15%0.236+39%0.216+51%
Eps--0.9010.9010%0.559+61%0.687+31%0.718+25%
Free Cash Flow Per Share--0.4660.4660%0.730-36%0.486-4%0.478-3%
Free Cash Flow To Equity Per Share---0.172-0.1720%0.361-148%0.086-301%0.042-511%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--19.416--------
Intrinsic Value_10Y_min--2.901--------
Intrinsic Value_1Y_max--0.958--------
Intrinsic Value_1Y_min--0.441--------
Intrinsic Value_3Y_max--3.632--------
Intrinsic Value_3Y_min--1.202--------
Intrinsic Value_5Y_max--7.213--------
Intrinsic Value_5Y_min--1.824--------
Market Cap2541967327.040+34%1675351290.9251675351290.9250%1919437789.000-13%2003818906.229-16%1431299218.735+17%
Net Profit Margin--0.1400.1400%0.092+52%0.121+16%0.131+7%
Operating Margin--0.1880.1880%0.193-3%0.176+7%0.182+3%
Operating Ratio--1.5741.5740%1.719-8%1.638-4%1.615-3%
Pb Ratio1.255+34%0.8270.8270%0.984-16%1.118-26%0.799+4%
Pe Ratio8.530+34%5.6225.6220%9.743-42%9.528-41%6.805-17%
Price Per Share7.685+34%5.0655.0650%5.450-7%5.751-12%4.108+23%
Price To Free Cash Flow Ratio16.506+34%10.87910.8790%7.469+46%4.482+143%3.202+240%
Price To Total Gains Ratio8.400+34%5.5375.5370%10.783-49%10.356-47%10.356-47%
Quick Ratio--0.0430.0430%0.076-44%0.070-39%0.064-33%
Return On Assets--0.0970.0970%0.062+56%0.083+16%0.094+3%
Return On Equity--0.1470.1470%0.101+46%0.132+11%0.153-4%
Total Gains Per Share--0.9150.9150%0.505+81%0.619+48%1.091-16%
Usd Book Value--2191524200.0002191524200.0000%2109315000.000+4%1959824060.000+12%1819882985.714+20%
Usd Book Value Change Per Share--0.6360.6360%0.240+166%0.414+54%0.947-33%
Usd Book Value Per Share--6.6266.6260%5.989+11%5.645+17%5.225+27%
Usd Dividend Per Share--0.3530.3530%0.307+15%0.255+39%0.234+51%
Usd Eps--0.9750.9750%0.605+61%0.743+31%0.777+25%
Usd Free Cash Flow--166581800.000166581800.0000%277996900.000-40%182807300.000-9%180489371.429-8%
Usd Free Cash Flow Per Share--0.5040.5040%0.789-36%0.525-4%0.517-3%
Usd Free Cash Flow To Equity Per Share---0.186-0.1860%0.390-148%0.093-301%0.045-511%
Usd Market Cap2749646057.659+34%1812227491.3941812227491.3940%2076255856.361-13%2167530910.868-16%1548236364.906+17%
Usd Price Per Share8.313+34%5.4795.4790%5.895-7%6.221-12%4.444+23%
Usd Profit--322346600.000322346600.0000%213094900.000+51%257660940.000+25%270734057.143+19%
Usd Revenue--2300775900.0002300775900.0000%2314838000.000-1%2089195380.000+10%2045494700.000+12%
Usd Total Gains Per Share--0.9900.9900%0.547+81%0.669+48%1.180-16%
 EOD+4 -4MRQTTM+0 -0YOY+22 -135Y+24 -1110Y+20 -15

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.530
Price to Book Ratio (EOD)Between0-11.255
Net Profit Margin (MRQ)Greater than00.140
Operating Margin (MRQ)Greater than00.188
Quick Ratio (MRQ)Greater than10.043
Current Ratio (MRQ)Greater than13.523
Debt to Asset Ratio (MRQ)Less than10.343
Debt to Equity Ratio (MRQ)Less than10.523
Return on Equity (MRQ)Greater than0.150.147
Return on Assets (MRQ)Greater than0.050.097
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.811
Ma 20Greater thanMa 507.621
Ma 50Greater thanMa 1007.423
Ma 100Greater thanMa 2006.917
OpenGreater thanClose7.445
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets3,086,000
Total Liabilities1,060,000
Total Stockholder Equity2,026,000
 As reported
Total Liabilities 1,060,000
Total Stockholder Equity+ 2,026,000
Total Assets = 3,086,000

Assets

Total Assets3,086,000
Total Current Assets3,047,000
Long-term Assets39,000
Total Current Assets
Cash And Cash Equivalents 235,000
Net Receivables 37,000
Inventory 2,770,000
Total Current Assets  (as reported)3,047,000
Total Current Assets  (calculated)3,042,000
+/- 5,000
Long-term Assets
Property Plant Equipment 32,000
Intangible Assets 1,000
Other Assets 6,000
Long-term Assets  (as reported)39,000
Long-term Assets  (calculated)39,000
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities865,000
Long-term Liabilities195,000
Total Stockholder Equity2,026,000
Total Current Liabilities
Accounts payable 400,000
Other Current Liabilities 353,000
Total Current Liabilities  (as reported)865,000
Total Current Liabilities  (calculated)753,000
+/- 112,000
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt10,000
Other Liabilities 189,000
Long-term Liabilities  (as reported)195,000
Long-term Liabilities  (calculated)199,000
+/- 4,000
Total Stockholder Equity
Common Stock35,000
Retained Earnings 1,922,000
Other Stockholders Equity 10,000
Total Stockholder Equity (as reported)2,026,000
Total Stockholder Equity (calculated)1,967,000
+/- 59,000
Other
Capital Stock35,000
Common Stock Shares Outstanding 330,770
Net Invested Capital 2,026,000
Net Tangible Assets 2,025,000
Net Working Capital 2,182,000
Property Plant and Equipment Gross 32,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
> Total Assets 
2,201,000
2,407,000
2,604,000
2,734,000
2,840,000
3,177,000
3,086,000
3,086,0003,177,0002,840,0002,734,0002,604,0002,407,0002,201,000
   > Total Current Assets 
2,140,000
2,328,000
2,656,000
2,674,000
2,774,000
3,111,000
3,047,000
3,047,0003,111,0002,774,0002,674,0002,656,0002,328,0002,140,000
       Cash And Cash Equivalents 
62,000
90,000
204,000
44,000
160,000
288,000
235,000
235,000288,000160,00044,000204,00090,00062,000
       Net Receivables 
31,000
37,000
47,000
40,000
97,000
77,000
37,000
37,00077,00097,00040,00047,00037,00031,000
       Inventory 
2,043,000
2,218,000
2,404,000
2,585,000
2,513,000
2,740,000
2,770,000
2,770,0002,740,0002,513,0002,585,0002,404,0002,218,0002,043,000
   > Long-term Assets 
61,000
57,000
55,000
60,000
66,000
66,000
39,000
39,00066,00066,00060,00055,00057,00061,000
       Property Plant Equipment 
16,000
15,000
16,000
26,000
25,000
25,000
32,000
32,00025,00025,00026,00016,00015,00016,000
       Goodwill 
1,000
1,000
1,000
1,000
0
0
0
0001,0001,0001,0001,000
       Intangible Assets 
1,000
1,000
1,000
1,000
0
1,000
1,000
1,0001,00001,0001,0001,0001,000
       Other Assets 
16,000
34,000
31,000
23,000
41,000
40,000
6,000
6,00040,00041,00023,00031,00034,00016,000
> Total Liabilities 
966,000
924,000
1,019,000
1,108,000
968,000
1,227,000
1,060,000
1,060,0001,227,000968,0001,108,0001,019,000924,000966,000
   > Total Current Liabilities 
666,000
705,000
867,000
805,000
767,000
1,011,000
865,000
865,0001,011,000767,000805,000867,000705,000666,000
       Short Long Term Debt 
45,000
22,000
0
0
0
0
0
0000022,00045,000
       Accounts payable 
289,000
336,000
347,000
311,000
362,000
385,000
400,000
400,000385,000362,000311,000347,000336,000289,000
       Other Current Liabilities 
260,000
302,000
446,000
402,000
298,000
526,000
353,000
353,000526,000298,000402,000446,000302,000260,000
   > Long-term Liabilities 
300,000
197,000
259,000
303,000
201,000
216,000
195,000
195,000216,000201,000303,000259,000197,000300,000
       Long term Debt 
90,000
5,000
80,000
170,000
0
0
0
000170,00080,0005,00090,000
       Capital Lease Obligations Min Short Term Debt
0
0
0
6,000
6,000
6,000
10,000
10,0006,0006,0006,000000
       Other Liabilities 
210,000
192,000
179,000
129,000
199,000
212,000
189,000
189,000212,000199,000129,000179,000192,000210,000
> Total Stockholder Equity
1,235,000
1,483,000
1,585,000
1,626,000
1,872,000
1,950,000
2,026,000
2,026,0001,950,0001,872,0001,626,0001,585,0001,483,0001,235,000
   Common Stock
37,000
37,000
37,000
37,000
37,000
37,000
35,000
35,00037,00037,00037,00037,00037,00037,000
   Retained Earnings 
1,131,000
1,379,000
1,481,000
1,522,000
1,768,000
1,846,000
1,922,000
1,922,0001,846,0001,768,0001,522,0001,481,0001,379,0001,131,000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
8,000
8,000
8,000
8,000
8,000
8,000
10,000
10,0008,0008,0008,0008,0008,0008,000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue2,127,000
Cost of Revenue-1,619,000
Gross Profit508,000508,000
 
Operating Income (+$)
Gross Profit508,000
Operating Expense-1,728,000
Operating Income399,000-1,220,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative109,000
Selling And Marketing Expenses-
Operating Expense1,728,000109,000
 
Net Interest Income (+$)
Interest Income5,000
Interest Expense-9,000
Other Finance Cost-0
Net Interest Income-4,000
 
Pretax Income (+$)
Operating Income399,000
Net Interest Income-4,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)395,000399,000
EBIT - interestExpense = 390,000
395,000
307,000
Interest Expense9,000
Earnings Before Interest and Taxes (EBIT)399,000404,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax395,000
Tax Provision-97,000
Net Income From Continuing Ops298,000298,000
Net Income298,000
Net Income Applicable To Common Shares298,000
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-4,000
 

Technical Analysis of Redrow PLC
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 Redrow PLC. The general trend of Redrow PLC is BULLISH with 100.0% 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 Redrow PLC'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 (100.0%) Bearish trend (-100.0%)
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 Redrow PLC.

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: 8.09.

The bearish price targets are: 7.27 > 7.11 > 6.93.

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Redrow PLC 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 Redrow PLC. The current mas is .

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

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher 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 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 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

Redrow PLC 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 Redrow PLC. The current macd is 0.04195795.

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

  • MACD line < signal line: The MACD line is 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 Redrow PLC price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Redrow PLC. 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 Redrow PLC 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
Redrow PLC Daily Moving Average Convergence/Divergence (MACD) ChartRedrow PLC 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 Redrow PLC. The current adx is 17.00.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Redrow PLC shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Redrow PLC 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 Redrow PLC. The current sar is 7.91503482.

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
Redrow PLC 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 Redrow PLC. The current rsi is 54.81. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Redrow PLC Daily Relative Strength Index (RSI) ChartRedrow PLC 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 Redrow PLC. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-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 Redrow PLC price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Redrow PLC Daily Stochastic Oscillator ChartRedrow PLC 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 Redrow PLC. The current cci is 54.56.

Redrow PLC Daily Commodity Channel Index (CCI) ChartRedrow PLC 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 Redrow PLC. The current cmo is 11.33.

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
Redrow PLC Daily Chande Momentum Oscillator (CMO) ChartRedrow PLC 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 Redrow PLC. The current willr is -7.77777778.

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
Redrow PLC Daily Williams %R ChartRedrow PLC 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 Redrow PLC.

Redrow PLC 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 Redrow PLC. The current atr is 0.25465044.

Redrow PLC Daily Average True Range (ATR) ChartRedrow PLC 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 Redrow PLC. The current obv is -355.

Redrow PLC Daily On-Balance Volume (OBV) ChartRedrow PLC 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 Redrow PLC. The current mfi is 43.08.

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
Redrow PLC Daily Money Flow Index (MFI) ChartRedrow PLC Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Redrow PLC.

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 SHORT EXITThe %K line crosses above the %D line.
2023-11-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13 00:00:00STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17 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.
2023-11-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-01 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09 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).
2024-01-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-16 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25 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).
2024-01-29 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07 00:00:00MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Redrow PLC Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.811
Ma 20Greater thanMa 507.621
Ma 50Greater thanMa 1007.423
Ma 100Greater thanMa 2006.917
OpenGreater thanClose7.445
Total4/5 (80.0%)
Penke

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