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Force Motors Limited
Buy, Hold or Sell?

Let's analyze Force Motors Limited together

I guess you are interested in Force Motors Limited. 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 Force Motors Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Force Motors Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.24
When do you have the money?
1 year
How often do you get paid?
88.9%

What is your share worth?

Current worth
INR1,326.53
Expected worth in 1 year
INR1,053.43
How sure are you?
77.8%

+ What do you gain per year?

Total Gains per Share
INR-253.09
Return On Investment
-3.1%

For what price can you sell your share?

Current Price per Share
INR8,297.50
Expected price per share
INR6,968 - INR10,273
How sure are you?
50%
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1. Valuation of Force Motors Limited (5 min.)




Live pricePrice per Share (EOD)

INR8,297.50

Intrinsic Value Per Share

INR-5,089.08 - INR-3,676.31

Total Value Per Share

INR-3,762.55 - INR-2,349.79

2. Growth of Force Motors Limited (5 min.)




Is Force Motors Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$207.9m$218.7m-$10.7m-5.1%

How much money is Force Motors Limited making?

Current yearPrevious yearGrowGrow %
Making money-$10.8m-$14.7m$3.8m35.7%
Net Profit Margin-2.8%-6.2%--

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

3. Financial Health of Force Motors Limited (5 min.)




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




  Industry Rankings (Other)  


Richest
#163 / 386

Most Revenue
#118 / 386

Most Profit
#355 / 386

Most Efficient
#315 / 386
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What can you expect buying and holding a share of Force Motors Limited? (5 min.)

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

What can you expect buying and holding a share of Force Motors Limited?

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

Speculation

The Price per Share of Force Motors Limited is INR8,298. 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 Force Motors Limited.
  • 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 Force Motors Limited, 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 INR1,326.53. Based on the TTM, the Book Value Change Per Share is INR-68.27 per quarter. Based on the YOY, the Book Value Change Per Share is INR-96.77 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 INR5.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Force Motors Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.820.0%-0.820.0%-1.120.0%0.230.0%0.670.0%
Usd Book Value Change Per Share-0.810.0%-0.810.0%-1.150.0%0.150.0%1.750.0%
Usd Dividend Per Share0.060.0%0.060.0%0.120.0%0.120.0%0.100.0%
Usd Total Gains Per Share-0.750.0%-0.750.0%-1.030.0%0.270.0%1.850.0%
Usd Price Per Share12.19-12.19-13.92-17.52-21.75-
Price to Earnings Ratio-14.82--14.82--12.46-6.43-12.22-
Price-to-Total Gains Ratio-16.19--16.19--13.48-5.95-11.34-
Price to Book Ratio0.77-0.77-0.84-1.05-1.46-
Price-to-Total Gains Ratio-16.19--16.19--13.48-5.95-11.34-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share98.74025
Number of shares10
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.12
Usd Book Value Change Per Share-0.810.15
Usd Total Gains Per Share-0.750.27
Gains per Quarter (10 shares)-7.532.67
Gains per Year (10 shares)-30.1210.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12-32-40561
25-65-70101212
37-97-100151723
410-130-130192334
512-162-160242945
614-195-190293556
717-227-220344167
819-260-250394678
921-292-280445289
1024-325-3104958100

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.02.00.077.8%7.02.00.077.8%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.02.00.077.8%7.02.00.077.8%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.01.088.9%8.00.01.088.9%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.02.00.077.8%7.02.00.077.8%
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Fundamentals of Force Motors Limited

About Force Motors Limited

Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of vehicles, automotive components, and aggregates in India. It offers light commercial vehicles, including passanger carrier, school bus, ambulance, and goods carrier; multi-utility vehicles; small commercial vehicles; special vehicles; and agricultural tractors. The company offers its products under the Traveller Monobus, Traveller, TRAX, Gurkha, Balwan, and Kargo King brands. Force Motors Limited also exports its products to various countries in the Middle East, Asia, Latin America, and Africa. The company was founded in 1958 and is based in Pune, India. Force Motors Limited is a subsidiary of Jaya Hind Industries Limited.

Fundamental data was last updated by Penke on 2024-07-15 01:06:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is 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 expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Force Motors Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Force Motors Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Force Motors Limited to the¬†Other industry mean.
  • A Net Profit Margin of -2.8%¬†means that¬†₹-0.03 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Force Motors Limited:

  • The MRQ is -2.8%. The company is making a loss. -1
  • The TTM is -2.8%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-2.8%TTM-2.8%0.0%
TTM-2.8%YOY-6.2%+3.4%
TTM-2.8%5Y0.1%-2.9%
5Y0.1%10Y2.1%-2.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.8%5.6%-8.4%
TTM-2.8%5.2%-8.0%
YOY-6.2%5.8%-12.0%
5Y0.1%6.0%-5.9%
10Y2.1%6.1%-4.0%
1.1.2. Return on Assets

Shows how efficient Force Motors Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Force Motors Limited to the¬†Other industry mean.
  • -2.5% Return on Assets means that¬†Force Motors Limited generated¬†₹-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Force Motors Limited:

  • The MRQ is -2.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.5%TTM-2.5%0.0%
TTM-2.5%YOY-3.8%+1.3%
TTM-2.5%5Y1.2%-3.7%
5Y1.2%10Y3.4%-2.1%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.5%1.1%-3.6%
TTM-2.5%1.0%-3.5%
YOY-3.8%1.4%-5.2%
5Y1.2%1.2%+0.0%
10Y3.4%1.4%+2.0%
1.1.3. Return on Equity

Shows how efficient Force Motors Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Force Motors Limited to the¬†Other industry mean.
  • -5.2% Return on Equity means Force Motors Limited generated ₹-0.05¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Force Motors Limited:

  • The MRQ is -5.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.2%TTM-5.2%0.0%
TTM-5.2%YOY-6.7%+1.5%
TTM-5.2%5Y1.2%-6.5%
5Y1.2%10Y4.8%-3.5%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.2%3.5%-8.7%
TTM-5.2%3.3%-8.5%
YOY-6.7%4.6%-11.3%
5Y1.2%3.7%-2.5%
10Y4.8%3.7%+1.1%
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1.2. Operating Efficiency of Force Motors Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Force Motors Limited is operating .

  • Measures how much profit Force Motors Limited 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¬†Force Motors Limited to the¬†Other 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 Force Motors Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y5.6%-5.6%
5Y5.6%10Y5.1%+0.5%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM-9.5%-9.5%
YOY-8.1%-8.1%
5Y5.6%5.2%+0.4%
10Y5.1%6.8%-1.7%
1.2.2. Operating Ratio

Measures how efficient Force Motors Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 0.84 means that the operating costs are ₹0.84 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Force Motors Limited:

  • The MRQ is 0.843. The company is less efficient in keeping operating costs low.
  • The TTM is 0.843. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.843TTM0.8430.000
TTM0.843YOY0.795+0.047
TTM0.8435Y1.366-0.523
5Y1.36610Y1.493-0.127
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8431.231-0.388
TTM0.8431.253-0.410
YOY0.7951.242-0.447
5Y1.3661.264+0.102
10Y1.4931.363+0.130
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1.3. Liquidity of Force Motors Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Force Motors Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 0.80¬†means the company has ₹0.80 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Force Motors Limited:

  • The MRQ is 0.801. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.801. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.801TTM0.8010.000
TTM0.801YOY1.009-0.209
TTM0.8015Y1.252-0.451
5Y1.25210Y1.434-0.182
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8011.422-0.621
TTM0.8011.508-0.707
YOY1.0091.553-0.544
5Y1.2521.542-0.290
10Y1.4341.499-0.065
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Force Motors Limited to the¬†Other industry mean.
  • A Quick Ratio of 0.20¬†means the company can pay off ₹0.20 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Force Motors Limited:

  • The MRQ is 0.204. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.204. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.204TTM0.2040.000
TTM0.204YOY0.184+0.020
TTM0.2045Y0.265-0.061
5Y0.26510Y0.333-0.068
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2040.564-0.360
TTM0.2040.576-0.372
YOY0.1840.578-0.394
5Y0.2650.604-0.339
10Y0.3330.603-0.270
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1.4. Solvency of Force Motors Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Force Motors Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Force Motors Limited to Other industry mean.
  • A Debt to Asset Ratio of 0.52¬†means that Force Motors Limited assets are¬†financed with 52.3% credit (debt) and the remaining percentage (100% - 52.3%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Force Motors Limited:

  • The MRQ is 0.523. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.523. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.5230.000
TTM0.523YOY0.432+0.090
TTM0.5235Y0.385+0.138
5Y0.38510Y0.364+0.021
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5230.527-0.004
TTM0.5230.525-0.002
YOY0.4320.549-0.117
5Y0.3850.556-0.171
10Y0.3640.565-0.201
1.4.2. Debt to Equity Ratio

Measures if Force Motors Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Force Motors Limited to the¬†Other industry mean.
  • A Debt to Equity ratio of 109.5% means that company has ₹1.09 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Force Motors Limited:

  • The MRQ is 1.095. The company is able to pay all its debts with equity. +1
  • The TTM is 1.095. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.095TTM1.0950.000
TTM1.095YOY0.762+0.333
TTM1.0955Y0.660+0.434
5Y0.66010Y0.594+0.066
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0951.113-0.018
TTM1.0951.0950.000
YOY0.7621.190-0.428
5Y0.6601.300-0.640
10Y0.5941.451-0.857
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2. Market Valuation of Force Motors Limited

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 Force Motors Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Force Motors Limited to the¬†Other industry mean.
  • A PE ratio of -14.82 means the investor is paying ₹-14.82¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Force Motors Limited:

  • The EOD is -120.038. Based on the earnings, the company is expensive. -2
  • The MRQ is -14.816. Based on the earnings, the company is expensive. -2
  • The TTM is -14.816. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-120.038MRQ-14.816-105.222
MRQ-14.816TTM-14.8160.000
TTM-14.816YOY-12.465-2.351
TTM-14.8165Y6.428-21.244
5Y6.42810Y12.221-5.792
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD-120.03813.251-133.289
MRQ-14.81611.870-26.686
TTM-14.81611.033-25.849
YOY-12.46511.330-23.795
5Y6.42811.874-5.446
10Y12.22112.710-0.489
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -28.698. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.542. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.542. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-28.698MRQ-3.542-25.156
MRQ-3.542TTM-3.5420.000
TTM-3.542YOY-3.456-0.086
TTM-3.5425Y-18.392+14.850
5Y-18.39210Y13.584-31.976
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD-28.6985.379-34.077
MRQ-3.5425.065-8.607
TTM-3.5424.265-7.807
YOY-3.4561.958-5.414
5Y-18.3922.492-20.884
10Y13.5843.557+10.027
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 0.77 means the investor is paying ₹0.77¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Force Motors Limited:

  • The EOD is 6.255. Based on the equity, the company is overpriced. -1
  • The MRQ is 0.772. Based on the equity, the company is cheap. +2
  • The TTM is 0.772. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.255MRQ0.772+5.483
MRQ0.772TTM0.7720.000
TTM0.772YOY0.839-0.066
TTM0.7725Y1.052-0.280
5Y1.05210Y1.455-0.403
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD6.2551.641+4.614
MRQ0.7721.376-0.604
TTM0.7721.357-0.585
YOY0.8391.375-0.536
5Y1.0521.567-0.515
10Y1.4551.653-0.198
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Force Motors Limited 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---68.274-68.2740%-96.772+42%12.187-660%147.392-146%
Book Value Per Share--1326.5261326.5260%1394.800-5%1409.406-6%1264.196+5%
Current Ratio--0.8010.8010%1.009-21%1.252-36%1.434-44%
Debt To Asset Ratio--0.5230.5230%0.432+21%0.385+36%0.364+44%
Debt To Equity Ratio--1.0951.0950%0.762+44%0.660+66%0.594+84%
Dividend Per Share--5.0015.0010%10.003-50%10.230-51%8.470-41%
Eps---69.124-69.1240%-93.828+36%19.112-462%56.016-223%
Free Cash Flow Per Share---289.133-289.1330%-338.411+17%-171.455-41%-65.727-77%
Free Cash Flow To Equity Per Share---4.705-4.7050%-115.700+2359%-67.955+1344%-2.468-48%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---3676.311--------
Intrinsic Value_10Y_min---5089.080--------
Intrinsic Value_1Y_max---214.394--------
Intrinsic Value_1Y_min---297.344--------
Intrinsic Value_3Y_max---761.533--------
Intrinsic Value_3Y_min---1082.845--------
Intrinsic Value_5Y_max---1450.172--------
Intrinsic Value_5Y_min---2069.950--------
Market Cap109330349250.000+88%13494507645.00013494507645.0000%15410341665.000-12%19401442935.000-30%24079834653.333-44%
Net Profit Margin---0.028-0.0280%-0.062+121%0.001-2137%0.021-233%
Operating Margin----0%-0%0.056-100%0.051-100%
Operating Ratio--0.8430.8430%0.795+6%1.366-38%1.493-44%
Pb Ratio6.255+88%0.7720.7720%0.839-8%1.052-27%1.455-47%
Pe Ratio-120.038-710%-14.816-14.8160%-12.465-16%6.428-330%12.221-221%
Price Per Share8297.500+88%1024.1501024.1500%1169.550-12%1472.450-30%1827.511-44%
Price To Free Cash Flow Ratio-28.698-710%-3.542-3.5420%-3.456-2%-18.392+419%13.584-126%
Price To Total Gains Ratio-131.139-710%-16.186-16.1860%-13.479-17%5.952-372%11.339-243%
Quick Ratio--0.2040.2040%0.184+11%0.265-23%0.333-39%
Return On Assets---0.025-0.0250%-0.038+53%0.012-301%0.034-174%
Return On Equity---0.052-0.0520%-0.067+29%0.012-520%0.048-209%
Total Gains Per Share---63.273-63.2730%-86.769+37%22.418-382%155.861-141%
Usd Book Value--207996530.000207996530.0000%218701770.000-5%220992044.000-6%198223420.517+5%
Usd Book Value Change Per Share---0.812-0.8120%-1.152+42%0.145-660%1.754-146%
Usd Book Value Per Share--15.78615.7860%16.598-5%16.772-6%15.044+5%
Usd Dividend Per Share--0.0600.0600%0.119-50%0.122-51%0.101-41%
Usd Eps---0.823-0.8230%-1.117+36%0.227-462%0.667-223%
Usd Free Cash Flow---45335430.000-45335430.0000%-53062100.000+17%-26883766.000-41%-10305792.458-77%
Usd Free Cash Flow Per Share---3.441-3.4410%-4.027+17%-2.040-41%-0.782-77%
Usd Free Cash Flow To Equity Per Share---0.056-0.0560%-1.377+2359%-0.809+1344%-0.029-48%
Usd Market Cap1301031156.075+88%160584640.976160584640.9760%183383065.814-12%230877170.927-30%286550032.375-44%
Usd Price Per Share98.740+88%12.18712.1870%13.918-12%17.522-30%21.747-44%
Usd Profit---10838520.000-10838520.0000%-14711970.000+36%2996658.000-462%8783168.043-223%
Usd Revenue--385609980.000385609980.0000%236594610.000+63%368731972.000+5%355364225.486+9%
Usd Total Gains Per Share---0.753-0.7530%-1.033+37%0.267-382%1.855-141%
 EOD+5 -3MRQTTM+0 -0YOY+21 -135Y+7 -2810Y+9 -26

3.2. Fundamental Score

Let's check the fundamental score of Force Motors Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-120.038
Price to Book Ratio (EOD)Between0-16.255
Net Profit Margin (MRQ)Greater than0-0.028
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.204
Current Ratio (MRQ)Greater than10.801
Debt to Asset Ratio (MRQ)Less than10.523
Debt to Equity Ratio (MRQ)Less than11.095
Return on Equity (MRQ)Greater than0.15-0.052
Return on Assets (MRQ)Greater than0.05-0.025
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of Force Motors Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.882
Ma 20Greater thanMa 508,608.908
Ma 50Greater thanMa 1008,699.362
Ma 100Greater thanMa 2008,248.738
OpenGreater thanClose8,299.850
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2018-03-312019-03-312020-03-312021-03-312022-03-31
Net Working Capital  4,436,600-54,3004,382,300-3,222,7001,159,600-1,077,70081,900-2,639,100-2,557,200



Latest Balance Sheet

Balance Sheet of 2022-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets36,609,500
Total Liabilities19,130,800
Total Stockholder Equity17,478,700
 As reported
Total Liabilities 19,130,800
Total Stockholder Equity+ 17,478,700
Total Assets = 36,609,500

Assets

Total Assets36,609,500
Total Current Assets10,268,900
Long-term Assets0
Total Current Assets
Net Receivables 1,893,800
Inventory 6,371,300
Other Current Assets 114,000
Total Current Assets  (as reported)10,268,900
Total Current Assets  (calculated)8,379,100
+/- 1,889,800
Long-term Assets
Property Plant Equipment 17,245,000
Goodwill 100
Intangible Assets 6,056,200
Long-term Assets  (as reported)0
Long-term Assets  (calculated)23,301,300
+/- 23,301,300

Liabilities & Shareholders' Equity

Total Current Liabilities12,826,100
Long-term Liabilities0
Total Stockholder Equity17,478,700
Total Current Liabilities
Short-term Debt 2,100,000
Total Current Liabilities  (as reported)12,826,100
Total Current Liabilities  (calculated)2,100,000
+/- 10,726,100
Long-term Liabilities
Long term Debt Total 6,005,500
Capital Lease Obligations Min Short Term Debt-2,100,000
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)3,905,500
+/- 3,905,500
Total Stockholder Equity
Common Stock131,800
Retained Earnings 16,519,500
Capital Surplus 592,000
Total Stockholder Equity (as reported)17,478,700
Total Stockholder Equity (calculated)17,243,300
+/- 235,400
Other
Cash And Equivalents721,000
Cash and Short Term Investments 721,000
Common Stock Shares Outstanding 13,176
Liabilities and Stockholders Equity 36,609,500
Net Working Capital -2,557,200



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
17,748,510
19,749,079
23,045,200
26,038,800
25,229,700
28,359,800
30,979,900
32,375,000
36,609,500
36,609,50032,375,00030,979,90028,359,80025,229,70026,038,80023,045,20019,749,07917,748,510
   > Total Current Assets 
8,489,128
9,970,319
12,210,800
13,887,200
11,266,100
10,913,600
10,270,800
8,817,900
10,268,900
10,268,9008,817,90010,270,80010,913,60011,266,10013,887,20012,210,8009,970,3198,489,128
       Cash And Cash Equivalents 
2,196,017
3,067,881
561,800
863,700
395,200
42,800
664,000
347,200
0
0347,200664,00042,800395,200863,700561,8003,067,8812,196,017
       Short-term Investments 
0
0
0
1,496,300
17,500
0
0
0
0
000017,5001,496,300000
       Net Receivables 
1,379,967
1,142,125
1,504,000
1,151,000
2,419,100
1,665,200
1,687,200
1,259,900
1,893,800
1,893,8001,259,9001,687,2001,665,2002,419,1001,151,0001,504,0001,142,1251,379,967
       Inventory 
3,772,516
3,925,480
5,475,100
4,376,700
4,771,000
5,035,600
5,515,200
5,578,200
6,371,300
6,371,3005,578,2005,515,2005,035,6004,771,0004,376,7005,475,1003,925,4803,772,516
       Other Current Assets 
1,140,627
1,834,833
77,200
4,057,700
2,043,200
3,139,300
1,402,000
52,600
114,000
114,00052,6001,402,0003,139,3002,043,2004,057,70077,2001,834,8331,140,627
   > Long-term Assets 
0
0
0
12,037,200
13,963,600
17,446,200
20,709,100
0
0
0020,709,10017,446,20013,963,60012,037,200000
       Property Plant Equipment 
7,831,199
7,987,889
8,856,400
9,764,400
10,422,800
12,131,700
13,355,700
13,814,500
17,245,000
17,245,00013,814,50013,355,70012,131,70010,422,8009,764,4008,856,4007,987,8897,831,199
       Goodwill 
55
55
100
100
100
100
100
100
100
1001001001001001001005555
       Long Term Investments 
3,447
3,447
75,400
87,800
0
0
0
0
0
0000087,80075,4003,4473,447
       Intangible Assets 
659,476
785,197
1,048,300
1,489,600
2,693,200
3,686,800
5,041,200
5,616,100
6,056,200
6,056,2005,616,1005,041,2003,686,8002,693,2001,489,6001,048,300785,197659,476
       Long-term Assets Other 
0
0
0
456,000
0
0
0
0
0
00000456,000000
> Total Liabilities 
5,458,682
6,548,034
8,148,800
9,363,000
7,218,400
9,027,700
11,326,500
13,996,700
19,130,800
19,130,80013,996,70011,326,5009,027,7007,218,4009,363,0008,148,8006,548,0345,458,682
   > Total Current Liabilities 
4,942,455
5,942,843
7,150,100
9,013,400
6,829,500
6,531,300
9,111,200
8,736,000
12,826,100
12,826,1008,736,0009,111,2006,531,3006,829,5009,013,4007,150,1005,942,8434,942,455
       Short-term Debt 
525,365
207,910
136,000
1,964,700
0
508,700
472,200
300,000
2,100,000
2,100,000300,000472,200508,70001,964,700136,000207,910525,365
       Short Long Term Debt 
525,365
207,910
136,000
2,002,600
1,300
802,700
1,222,500
0
0
001,222,500802,7001,3002,002,600136,000207,910525,365
       Accounts payable 
2,999,508
3,928,342
4,172,400
4,853,500
5,648,700
3,953,000
5,803,100
0
0
005,803,1003,953,0005,648,7004,853,5004,172,4003,928,3422,999,508
       Other Current Liabilities 
1,158,253
1,324,988
2,038,400
1,526,900
762,800
1,001,800
1,815,400
0
0
001,815,4001,001,800762,8001,526,9002,038,4001,324,9881,158,253
   > Long-term Liabilities 
0
0
0
1,309,100
372,600
2,479,200
2,197,200
0
0
002,197,2002,479,200372,6001,309,100000
       Long term Debt Total 
0
0
26,400
19,900
0
2,056,300
1,875,000
4,937,800
6,005,500
6,005,5004,937,8001,875,0002,056,300019,90026,40000
       Long-term Liabilities Other 
0
0
0
22,800
18,900
15,700
17,300
0
0
0017,30015,70018,90022,800000
> Total Stockholder Equity
12,276,922
13,187,264
14,896,400
16,675,800
18,011,300
19,332,100
19,653,400
18,378,300
17,478,700
17,478,70018,378,30019,653,40019,332,10018,011,30016,675,80014,896,40013,187,26412,276,922
   Common Stock
131,763
131,763
131,800
131,800
131,800
131,800
131,800
131,800
131,800
131,800131,800131,800131,800131,800131,800131,800131,763131,763
   Retained Earnings 
11,550,655
12,460,996
14,100,600
15,867,500
17,193,800
18,474,100
18,820,100
17,464,600
16,519,500
16,519,50017,464,60018,820,10018,474,10017,193,80015,867,50014,100,60012,460,99611,550,655
   Capital Surplus 
0
0
592,000
592,000
592,000
592,000
592,000
592,000
592,000
592,000592,000592,000592,000592,000592,000592,00000
   Treasury Stock000000000
   Other Stockholders Equity 
2,528
2,528
72,000
84,500
93,700
134,200
109,500
0
0
00109,500134,20093,70084,50072,0002,5282,528



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue50,289,800
Cost of Revenue-41,092,200
Gross Profit9,197,6009,197,600
 
Operating Income (+$)
Gross Profit9,197,600
Operating Expense--
Operating Income3,084,5009,197,600
 
Operating Expense (+$)
Research Development-
Selling General Administrative5,380,900
Selling And Marketing Expenses-
Operating Expense-5,380,900
 
Net Interest Income (+$)
Interest Income847,800
Interest Expense-2,900
Other Finance Cost-844,900
Net Interest Income-
 
Pretax Income (+$)
Operating Income3,084,500
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2,724,2003,084,500
EBIT - interestExpense = -2,900
1,336,400
1,339,300
Interest Expense2,900
Earnings Before Interest and Taxes (EBIT)-2,727,100
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax2,724,200
Tax Provision-1,386,800
Net Income From Continuing Ops-1,337,400
Net Income1,336,400
Net Income Applicable To Common Shares1,336,400
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-0
 

Technical Analysis of Force Motors Limited
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 Force Motors Limited. The general trend of Force Motors Limited is BULLISH with 28.6% 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 Force Motors Limited'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 (28.6%) Bearish trend (-28.6%)
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 Force Motors Limited.

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: 8,811 < 9,600 < 10,273.

The bearish price targets are: 7,905 > 7,131 > 6,968.

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Force Motors Limited 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 Force Motors Limited. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Force Motors Limited 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 Force Motors Limited. The current macd is -159.20076901.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Force Motors Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Force Motors Limited. 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 Force Motors Limited 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 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
Force Motors Limited Daily Moving Average Convergence/Divergence (MACD) ChartForce Motors Limited 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 Force Motors Limited. The current adx is 22.12.

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 Force Motors Limited 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
Force Motors Limited 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 Force Motors Limited. The current sar is 8,671.

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
Force Motors Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Force Motors Limited. The current rsi is 41.88. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Force Motors Limited Daily Relative Strength Index (RSI) ChartForce Motors Limited 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 Force Motors Limited. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Force Motors Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Force Motors Limited Daily Stochastic Oscillator ChartForce Motors Limited 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 Force Motors Limited. The current cci is -89.75792887.

Force Motors Limited Daily Commodity Channel Index (CCI) ChartForce Motors Limited 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 Force Motors Limited. The current cmo is -20.63896491.

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
Force Motors Limited Daily Chande Momentum Oscillator (CMO) ChartForce Motors Limited 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 Force Motors Limited. The current willr is -75.63458208.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Force Motors Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Force Motors Limited Daily Williams %R ChartForce Motors Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Force Motors Limited.

Force Motors Limited 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 Force Motors Limited. The current atr is 286.83.

Force Motors Limited Daily Average True Range (ATR) ChartForce Motors Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Force Motors Limited. The current obv is 1,555,811.

Force Motors Limited Daily On-Balance Volume (OBV) ChartForce Motors Limited 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 Force Motors Limited. The current mfi is 20.93.

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
Force Motors Limited Daily Money Flow Index (MFI) ChartForce Motors Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Force Motors Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-04-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-04-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-06-04DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-24DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-25STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-02MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-10STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Force Motors Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Force Motors Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.882
Ma 20Greater thanMa 508,608.908
Ma 50Greater thanMa 1008,699.362
Ma 100Greater thanMa 2008,248.738
OpenGreater thanClose8,299.850
Total3/5 (60.0%)
Penke

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