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Nelco Limited
Buy, Hold or Sell?

Let's analyze Nelco together

I guess you are interested in Nelco 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 Nelco 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 Nelco (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.08
When do you have the money?
1 year
How often do you get paid?
70.0%

What is your share worth?

Current worth
INR45.82
Expected worth in 1 year
INR72.99
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR34.31
Return On Investment
4.4%

For what price can you sell your share?

Current Price per Share
INR788.25
Expected price per share
INR696.20 - INR980.87
How sure are you?
50%
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1. Valuation of Nelco (5 min.)




Live pricePrice per Share (EOD)

INR788.25

Intrinsic Value Per Share

INR110.06 - INR448.95

Total Value Per Share

INR155.88 - INR494.77

2. Growth of Nelco (5 min.)




Is Nelco growing?

Current yearPrevious yearGrowGrow %
How rich?$12.4m$10.5m$1.8m14.8%

How much money is Nelco making?

Current yearPrevious yearGrowGrow %
Making money$2.3m$1.9m$448.6k19.0%
Net Profit Margin6.3%6.2%--

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

3. Financial Health of Nelco (5 min.)




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




  Industry Rankings (Communication Equipment)  


Richest
#274 / 338

Most Revenue
#172 / 338

Most Profit
#95 / 338
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What can you expect buying and holding a share of Nelco? (5 min.)

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

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

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

Speculation

The Price per Share of Nelco is INR788.25. 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 Nelco.
  • 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 Nelco, 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 INR45.82. Based on the TTM, the Book Value Change Per Share is INR6.79 per quarter. Based on the YOY, the Book Value Change Per Share is INR5.71 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 INR1.78 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nelco.

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 Eps0.100.0%0.100.0%0.080.0%0.090.0%0.050.0%
Usd Book Value Change Per Share0.080.0%0.080.0%0.070.0%0.070.0%0.050.0%
Usd Dividend Per Share0.020.0%0.020.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.100.0%0.100.0%0.080.0%0.090.0%0.060.0%
Usd Price Per Share6.16-6.16-8.51-4.35-2.69-
Price to Earnings Ratio59.50-59.50-101.43-49.01-42.13-
Price-to-Total Gains Ratio60.35-60.35-103.55-49.49-31.95-
Price to Book Ratio11.30-11.30-18.31-10.22-10.89-
Price-to-Total Gains Ratio60.35-60.35-103.55-49.49-31.95-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.380175
Number of shares106
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.080.07
Usd Total Gains Per Share0.100.09
Gains per Quarter (106 shares)10.829.32
Gains per Year (106 shares)43.2737.29
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19343363127
2186976126364
3271031191894101
43613716224125138
54517120530157175
65420624836188212
76324029142219249
87227433448250286
98130837754282323
109034342060313360

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%9.01.00.090.0%9.01.00.090.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.01.080.0%7.00.03.070.0%7.00.03.070.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
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Fundamentals of Nelco

About Nelco Limited

Nelco Limited provides systems and solutions in the areas of very small aperture terminals (VSAT) connectivity, and integrated security and surveillance. It offers VSAT satellite communication services for renewable energy, enterprise, oil, energy, and gas sectors, as well as to bank ATM and branches. The company is also involved in the design, supply, installation, and maintenance of integrated security and surveillance solutions for application in industrial plants, power stations, broadcasting stations, telecommunications stations, airports, railways, seaports, and borders. It serves businesses and government institutions. The company was founded in 1940 and is based in Navi Mumbai, India.

Fundamental data was last updated by Penke on 2024-07-15 02:00:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

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

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Nelco earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Nelco to the¬†Communication Equipment industry mean.
  • A Net Profit Margin of 6.3%¬†means that¬†₹0.06 for each ₹1¬†in revenue is generated as profit.

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

  • The MRQ is 6.3%. The company is making a profit. +1
  • The TTM is 6.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.3%TTM6.3%0.0%
TTM6.3%YOY6.2%+0.2%
TTM6.3%5Y7.2%-0.9%
5Y7.2%10Y4.5%+2.7%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ6.3%0.9%+5.4%
TTM6.3%0.9%+5.4%
YOY6.2%2.6%+3.6%
5Y7.2%1.0%+6.2%
10Y4.5%1.2%+3.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy¬†but always compare¬†Nelco to the¬†Communication Equipment industry mean.
  • 7.6% Return on Assets means that¬†Nelco generated¬†₹0.08 profit for each $1 in assets.

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

  • The MRQ is 7.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.6%TTM7.6%0.0%
TTM7.6%YOY6.1%+1.5%
TTM7.6%5Y6.7%+0.9%
5Y6.7%10Y4.3%+2.4%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ7.6%0.2%+7.4%
TTM7.6%0.2%+7.4%
YOY6.1%0.6%+5.5%
5Y6.7%0.4%+6.3%
10Y4.3%0.5%+3.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare¬†Nelco to the¬†Communication Equipment industry mean.
  • 19.0% Return on Equity means Nelco generated ₹0.19¬†for each¬†₹1 the owners (shareholders) invested.

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

  • The MRQ is 19.0%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.0%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.0%TTM19.0%0.0%
TTM19.0%YOY18.1%+0.9%
TTM19.0%5Y23.0%-4.0%
5Y23.0%10Y9.3%+13.7%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ19.0%0.4%+18.6%
TTM19.0%0.6%+18.4%
YOY18.1%1.3%+16.8%
5Y23.0%0.7%+22.3%
10Y9.3%1.0%+8.3%
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1.2. Operating Efficiency of Nelco Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nelco is operating .

  • Measures how much profit Nelco 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¬†Nelco to the¬†Communication Equipment 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 Nelco Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y9.0%-9.0%
5Y9.0%10Y8.1%+0.9%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%-0.9%
TTM-0.7%-0.7%
YOY-3.1%-3.1%
5Y9.0%2.0%+7.0%
10Y8.1%1.7%+6.4%
1.2.2. Operating Ratio

Measures how efficient Nelco is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Communication Equipment industry mean).
  • An Operation Ratio of 0.57 means that the operating costs are ₹0.57 for each ₹1 in net sales.

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

  • The MRQ is 0.568. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.568. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.568TTM0.5680.000
TTM0.568YOY0.544+0.024
TTM0.5685Y0.700-0.132
5Y0.70010Y0.942-0.241
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5681.612-1.044
TTM0.5681.586-1.018
YOY0.5441.533-0.989
5Y0.7001.551-0.851
10Y0.9421.320-0.378
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1.3. Liquidity of Nelco Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to¬†Communication Equipment industry mean).
  • A Current Ratio of 1.20¬†means the company has ₹1.20 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.203. The company is just able to pay all its short-term debts.
  • The TTM is 1.203. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.203TTM1.2030.000
TTM1.203YOY0.928+0.275
TTM1.2035Y0.859+0.344
5Y0.85910Y0.747+0.111
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2031.902-0.699
TTM1.2031.950-0.747
YOY0.9281.885-0.957
5Y0.8591.955-1.096
10Y0.7471.831-1.084
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Nelco to the¬†Communication Equipment industry mean.
  • A Quick Ratio of 0.89¬†means the company can pay off ₹0.89 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 0.886. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.886. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.886TTM0.8860.000
TTM0.886YOY0.712+0.174
TTM0.8865Y0.652+0.235
5Y0.65210Y0.569+0.083
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8860.757+0.129
TTM0.8860.817+0.069
YOY0.7120.927-0.215
5Y0.6521.006-0.354
10Y0.5691.062-0.493
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1.4. Solvency of Nelco Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare¬†Nelco to Communication Equipment industry mean.
  • A Debt to Asset Ratio of 0.60¬†means that Nelco assets are¬†financed with 60.1% credit (debt) and the remaining percentage (100% - 60.1%)¬†is financed by its owners/shareholders.¬†

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

  • The MRQ is 0.601. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.601. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.601TTM0.6010.000
TTM0.601YOY0.662-0.060
TTM0.6015Y0.695-0.093
5Y0.69510Y0.783-0.088
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6010.459+0.142
TTM0.6010.455+0.146
YOY0.6620.475+0.187
5Y0.6950.473+0.222
10Y0.7830.456+0.327
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but¬†always compare¬†Nelco to the¬†Communication Equipment industry mean.
  • A Debt to Equity ratio of 150.8% means that company has ₹1.51 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 1.508. The company is just able to pay all its debts with equity.
  • The TTM is 1.508. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.508TTM1.5080.000
TTM1.508YOY1.956-0.448
TTM1.5085Y2.420-0.911
5Y2.42010Y5.534-3.114
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5080.825+0.683
TTM1.5080.825+0.683
YOY1.9560.886+1.070
5Y2.4200.905+1.515
10Y5.5340.923+4.611
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2. Market Valuation of Nelco 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 Nelco generates.

  • Above 15 is considered overpriced but¬†always compare¬†Nelco to the¬†Communication Equipment industry mean.
  • A PE ratio of 59.50 means the investor is paying ₹59.50¬†for every ₹1 in earnings.

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

  • The EOD is 90.613. Based on the earnings, the company is expensive. -2
  • The MRQ is 59.500. Based on the earnings, the company is expensive. -2
  • The TTM is 59.500. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD90.613MRQ59.500+31.112
MRQ59.500TTM59.5000.000
TTM59.500YOY101.427-41.927
TTM59.5005Y49.012+10.488
5Y49.01210Y42.134+6.879
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD90.6136.753+83.860
MRQ59.5006.347+53.153
TTM59.5006.692+52.808
YOY101.4279.769+91.658
5Y49.01215.087+33.925
10Y42.13416.787+25.347
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 54.521. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 35.801. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 35.801. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD54.521MRQ35.801+18.720
MRQ35.801TTM35.8010.000
TTM35.801YOY51.858-16.057
TTM35.8015Y11.447+24.355
5Y11.44710Y4.197+7.249
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD54.521-0.695+55.216
MRQ35.801-1.339+37.140
TTM35.8010.864+34.937
YOY51.8580.258+51.600
5Y11.4470.676+10.771
10Y4.1971.809+2.388
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to Communication Equipment industry mean).
  • A PB ratio of 11.30 means the investor is paying ₹11.30¬†for each ₹1 in book value.

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

  • The EOD is 17.204. Based on the equity, the company is expensive. -2
  • The MRQ is 11.297. Based on the equity, the company is expensive. -2
  • The TTM is 11.297. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD17.204MRQ11.297+5.907
MRQ11.297TTM11.2970.000
TTM11.297YOY18.315-7.018
TTM11.2975Y10.219+1.077
5Y10.21910Y10.886-0.666
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD17.2041.802+15.402
MRQ11.2972.052+9.245
TTM11.2972.106+9.191
YOY18.3151.947+16.368
5Y10.2192.286+7.933
10Y10.8862.675+8.211
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nelco 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--6.7936.7930%5.715+19%6.204+9%4.582+48%
Book Value Per Share--45.81845.8180%39.026+17%34.300+34%21.352+115%
Current Ratio--1.2031.2030%0.928+30%0.859+40%0.747+61%
Debt To Asset Ratio--0.6010.6010%0.662-9%0.695-13%0.783-23%
Debt To Equity Ratio--1.5081.5080%1.956-23%2.420-38%5.534-73%
Dividend Per Share--1.7841.7840%1.188+50%1.186+50%0.597+199%
Eps--8.6998.6990%7.047+23%7.447+17%4.344+100%
Free Cash Flow Per Share--14.45814.4580%13.783+5%5.432+166%4.701+208%
Free Cash Flow To Equity Per Share--0.1530.1530%5.193-97%-0.672+538%-1.321+961%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--448.949--------
Intrinsic Value_10Y_min--110.058--------
Intrinsic Value_1Y_max--22.236--------
Intrinsic Value_1Y_min--6.913--------
Intrinsic Value_3Y_max--84.149--------
Intrinsic Value_3Y_min--24.459--------
Intrinsic Value_5Y_max--166.967--------
Intrinsic Value_5Y_min--45.912--------
Market Cap17986603800.000+34%11810803840.00011810803840.0000%16309451400.000-28%8345601616.000+42%5154676560.000+129%
Net Profit Margin--0.0630.0630%0.062+2%0.072-12%0.045+40%
Operating Margin----0%-0%0.090-100%0.081-100%
Operating Ratio--0.5680.5680%0.544+4%0.700-19%0.942-40%
Pb Ratio17.204+34%11.29711.2970%18.315-38%10.219+11%10.886+4%
Pe Ratio90.613+34%59.50059.5000%101.427-41%49.012+21%42.134+41%
Price Per Share788.250+34%517.600517.6000%714.750-28%365.740+42%225.900+129%
Price To Free Cash Flow Ratio54.521+34%35.80135.8010%51.858-31%11.447+213%4.197+753%
Price To Total Gains Ratio91.909+34%60.35260.3520%103.552-42%49.494+22%31.949+89%
Quick Ratio--0.8860.8860%0.712+24%0.652+36%0.569+56%
Return On Assets--0.0760.0760%0.061+24%0.067+13%0.043+78%
Return On Equity--0.1900.1900%0.181+5%0.230-17%0.093+104%
Total Gains Per Share--8.5768.5760%6.902+24%7.390+16%5.179+66%
Usd Book Value--12441450.00012441450.0000%10596950.000+17%9313892.000+34%5797937.040+115%
Usd Book Value Change Per Share--0.0810.0810%0.068+19%0.074+9%0.055+48%
Usd Book Value Per Share--0.5450.5450%0.464+17%0.408+34%0.254+115%
Usd Dividend Per Share--0.0210.0210%0.014+50%0.014+50%0.007+199%
Usd Eps--0.1040.1040%0.084+23%0.089+17%0.052+100%
Usd Free Cash Flow--3925810.0003925810.0000%3742550.000+5%1475124.000+166%1276497.500+208%
Usd Free Cash Flow Per Share--0.1720.1720%0.164+5%0.065+166%0.056+208%
Usd Free Cash Flow To Equity Per Share--0.0020.0020%0.062-97%-0.008+538%-0.016+961%
Usd Market Cap214040585.220+34%140548565.696140548565.6960%194082471.660-28%99312659.230+42%61340651.064+129%
Usd Price Per Share9.380+34%6.1596.1590%8.506-28%4.352+42%2.688+129%
Usd Profit--2362150.0002362150.0000%1913520.000+23%2022048.000+17%1179523.240+100%
Usd Revenue--37286270.00037286270.0000%30948330.000+20%28808948.000+29%23368473.870+60%
Usd Total Gains Per Share--0.1020.1020%0.082+24%0.088+16%0.062+66%
 EOD+4 -4MRQTTM+0 -0YOY+27 -75Y+28 -710Y+30 -5

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1590.613
Price to Book Ratio (EOD)Between0-117.204
Net Profit Margin (MRQ)Greater than00.063
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.886
Current Ratio (MRQ)Greater than11.203
Debt to Asset Ratio (MRQ)Less than10.601
Debt to Equity Ratio (MRQ)Less than11.508
Return on Equity (MRQ)Greater than0.150.190
Return on Assets (MRQ)Greater than0.050.076
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.581
Ma 20Greater thanMa 50825.673
Ma 50Greater thanMa 100779.770
Ma 100Greater thanMa 200763.746
OpenGreater thanClose807.000
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.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Net Working Capital  -410,500-82,700-493,200168,600-324,600228,800-95,800337,300241,500



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets2,622,300
Total Liabilities1,576,800
Total Stockholder Equity1,045,500
 As reported
Total Liabilities 1,576,800
Total Stockholder Equity+ 1,045,500
Total Assets = 2,622,300

Assets

Total Assets2,622,300
Total Current Assets1,432,000
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 161,600
Net Receivables 893,600
Inventory 283,900
Other Current Assets 48,400
Total Current Assets  (as reported)1,432,000
Total Current Assets  (calculated)1,387,500
+/- 44,500
Long-term Assets
Property Plant Equipment 920,900
Intangible Assets 47,900
Long-term Assets  (as reported)0
Long-term Assets  (calculated)968,800
+/- 968,800

Liabilities & Shareholders' Equity

Total Current Liabilities1,190,500
Long-term Liabilities0
Total Stockholder Equity1,045,500
Total Current Liabilities
Short-term Debt 78,400
Total Current Liabilities  (as reported)1,190,500
Total Current Liabilities  (calculated)78,400
+/- 1,112,100
Long-term Liabilities
Long term Debt Total 386,200
Capital Lease Obligations Min Short Term Debt-78,400
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)307,800
+/- 307,800
Total Stockholder Equity
Common Stock228,200
Retained Earnings 815,500
Total Stockholder Equity (as reported)1,045,500
Total Stockholder Equity (calculated)1,043,700
+/- 1,800
Other
Cash and Short Term Investments 161,600
Common Stock Shares Outstanding 22,817
Liabilities and Stockholders Equity 2,622,300
Net Working Capital 241,500



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
1,464,747
1,421,300
1,557,500
1,305,300
1,621,100
2,373,500
2,800,700
2,381,000
2,632,600
2,622,300
2,622,3002,632,6002,381,0002,800,7002,373,5001,621,1001,305,3001,557,5001,421,3001,464,747
   > Total Current Assets 
810,265
782,100
857,900
611,600
758,500
1,014,200
1,231,700
910,300
1,235,900
1,432,000
1,432,0001,235,900910,3001,231,7001,014,200758,500611,600857,900782,100810,265
       Cash And Cash Equivalents 
49,053
25,600
3,400
5,400
2,800
54,800
131,100
91,600
156,500
161,600
161,600156,50091,600131,10054,8002,8005,4003,40025,60049,053
       Short-term Investments 
0
0
0
69,500
4,800
5,000
6,300
0
0
0
0006,3005,0004,80069,500000
       Net Receivables 
534,696
532,300
431,100
336,500
547,300
677,700
819,400
632,800
792,300
893,600
893,600792,300632,800819,400677,700547,300336,500431,100532,300534,696
       Inventory 
151,440
122,500
80,000
90,100
88,700
81,500
108,500
116,800
164,800
283,900
283,900164,800116,800108,50081,50088,70090,10080,000122,500151,440
       Other Current Assets 
60,619
101,700
54,700
76,100
42,300
146,200
104,900
25,600
34,100
48,400
48,40034,10025,600104,900146,20042,30076,10054,700101,70060,619
   > Long-term Assets 
0
0
0
663,300
862,600
1,359,300
1,569,000
0
0
0
0001,569,0001,359,300862,600663,300000
       Property Plant Equipment 
337,295
292,400
332,000
372,800
535,400
1,014,600
1,182,100
1,101,000
1,087,500
920,900
920,9001,087,5001,101,0001,182,1001,014,600535,400372,800332,000292,400337,295
       Goodwill 
40
0
0
0
0
0
0
0
0
0
00000000040
       Long Term Investments 
83,345
85,000
87,700
52,700
0
0
0
0
0
0
00000052,70087,70085,00083,345
       Intangible Assets 
50,836
0
5,200
11,700
19,000
18,200
19,500
17,800
39,400
47,900
47,90039,40017,80019,50018,20019,00011,7005,200050,836
       Long-term Assets Other 
0
0
0
2,200
200
200
100
0
0
0
0001002002002,200000
> Total Liabilities 
1,295,731
1,346,400
1,399,000
1,086,600
1,283,400
1,815,100
2,141,800
1,620,900
1,742,100
1,576,800
1,576,8001,742,1001,620,9002,141,8001,815,1001,283,4001,086,6001,399,0001,346,4001,295,731
   > Total Current Liabilities 
1,203,369
1,250,600
1,348,900
1,033,000
1,161,500
1,424,700
1,724,900
1,234,900
1,331,700
1,190,500
1,190,5001,331,7001,234,9001,724,9001,424,7001,161,5001,033,0001,348,9001,250,6001,203,369
       Short-term Debt 
664,467
755,900
845,100
523,200
383,900
340,600
685,300
373,300
275,000
78,400
78,400275,000373,300685,300340,600383,900523,200845,100755,900664,467
       Short Long Term Debt 
664,467
755,900
849,900
565,900
424,400
485,100
831,200
0
0
0
000831,200485,100424,400565,900849,900755,900664,467
       Accounts payable 
354,891
318,400
309,100
310,000
325,100
363,300
377,200
0
0
0
000377,200363,300325,100310,000309,100318,400354,891
       Other Current Liabilities 
201,873
214,600
181,100
164,900
338,600
479,300
353,200
0
0
0
000353,200479,300338,600164,900181,100214,600201,873
   > Long-term Liabilities 
0
0
0
58,000
121,900
390,400
416,900
0
0
0
000416,900390,400121,90058,000000
       Long term Debt Total 
0
0
2,900
16,800
75,800
338,500
357,400
337,800
410,000
386,200
386,200410,000337,800357,400338,50075,80016,8002,90000
       Capital Lease Obligations 
0
0
0
0
30,000
22,000
83,800
0
0
0
00083,80022,00030,0000000
       Long-term Liabilities Other 
0
0
0
2,000
3,000
2,100
1,100
0
0
0
0001,1002,1003,0002,000000
       Deferred Long Term Liability 
244
0
0
0
600
700
700
0
0
0
000700700600000244
> Total Stockholder Equity
169,016
74,900
158,500
218,700
337,700
558,400
658,900
760,100
890,500
1,045,500
1,045,500890,500760,100658,900558,400337,700218,700158,50074,900169,016
   Common Stock
228,175
228,200
228,200
228,200
228,200
228,200
228,200
228,200
228,200
228,200
228,200228,200228,200228,200228,200228,200228,200228,200228,200228,175
   Retained Earnings 
-59,159
-153,300
-69,700
-10,600
108,300
329,000
429,500
530,700
661,100
815,500
815,500661,100530,700429,500329,000108,300-10,600-69,700-153,300-59,159
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
0
0
1,000
1,100
1,200
1,200
1,200
1,200
0
0
001,2001,2001,2001,2001,1001,00000



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 (+$)
totalRevenue3,133,300
Cost of Revenue-1,779,400
Gross Profit1,353,9001,353,900
 
Operating Income (+$)
Gross Profit1,353,900
Operating Expense-0
Operating Income329,8001,353,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative713,500
Selling And Marketing Expenses0
Operating Expense0713,500
 
Net Interest Income (+$)
Interest Income49,800
Interest Expense-0
Other Finance Cost-49,800
Net Interest Income0
 
Pretax Income (+$)
Operating Income329,800
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)278,200329,800
EBIT - interestExpense = 0
198,500
198,500
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0278,200
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax278,200
Tax Provision-79,700
Net Income From Continuing Ops0198,500
Net Income198,500
Net Income Applicable To Common Shares198,500
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Nelco
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 Nelco. The general trend of Nelco is BULLISH with 57.1% 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 Nelco'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 (57.1%) Bearish trend (-57.1%)
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 Nelco Limited.

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

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

The bullish price targets are: 920.00 < 957.00 < 980.87.

The bearish price targets are: 761.60 > 701.08 > 696.20.

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Nelco 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 Nelco Limited. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-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 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 lower 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

Nelco 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 Nelco Limited. The current macd is 7.02907502.

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 Nelco price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nelco. 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 Nelco 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nelco Limited Daily Moving Average Convergence/Divergence (MACD) ChartNelco 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 Nelco Limited. The current adx is 20.64.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Nelco shares, leading to potential downward 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.
Nelco 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 Nelco Limited. The current sar is 936.09.

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
Nelco 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 Nelco Limited. The current rsi is 43.58. The current phase is Correction in bull market.

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

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

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nelco price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Nelco Limited Daily Stochastic Oscillator ChartNelco 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 Nelco Limited. The current cci is -60.3384999.

Nelco Limited Daily Commodity Channel Index (CCI) ChartNelco 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 Nelco Limited. The current cmo is -27.69521436.

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
Nelco Limited Daily Chande Momentum Oscillator (CMO) ChartNelco 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 Nelco Limited. The current willr is -85.72517145.

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

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

Nelco 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 Nelco Limited. The current atr is 39.91.

Nelco Limited Daily Average True Range (ATR) ChartNelco 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 Nelco Limited. The current obv is 536,277.

Nelco Limited Daily On-Balance Volume (OBV) ChartNelco 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 Nelco Limited. The current mfi is 62.11.

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

  • MFI > 50: +1
Nelco Limited Daily Money Flow Index (MFI) ChartNelco Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nelco 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
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28DMI 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
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12SAR 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
2024-03-13MACD 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-01STOCH 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).
2024-04-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-22SAR 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).
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-05-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-09CCI SHORT ENTRY LONG CLOSE-100 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-14MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-24MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-06-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2024-06-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-25STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-27MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal 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).
2024-07-05MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-19DMI 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

6.3. Candlestick Patterns

Nelco Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.581
Ma 20Greater thanMa 50825.673
Ma 50Greater thanMa 100779.770
Ma 100Greater thanMa 200763.746
OpenGreater thanClose807.000
Total3/5 (60.0%)
Penke

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