25 XP   0   0   10

A2A S.p.A
Buy, Hold or Sell?

Let's analyse A2a together

PenkeI guess you are interested in A2A S.p.A. 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 A2A S.p.A. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about A2A S.p.A

I send you an email if I find something interesting about A2A S.p.A.

Quick analysis of A2a (30 sec.)










What can you expect buying and holding a share of A2a? (30 sec.)

How much money do you get?

How much money do you get?
€0.42
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€1.24
Expected worth in 1 year
€0.73
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
€-0.13
Return On Investment
-7.8%

For what price can you sell your share?

Current Price per Share
€1.67
Expected price per share
€1.4995 - €1.76
How sure are you?
50%

1. Valuation of A2a (5 min.)




Live pricePrice per Share (EOD)

€1.67

Intrinsic Value Per Share

€-0.97 - €0.26

Total Value Per Share

€0.27 - €1.50

2. Growth of A2a (5 min.)




Is A2a growing?

Current yearPrevious yearGrowGrow %
How rich?$4.2b$4.6b-$437m-10.4%

How much money is A2a making?

Current yearPrevious yearGrowGrow %
Making money$433.7m$545.1m-$111.4m-25.7%
Net Profit Margin1.7%4.4%--

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

3. Financial Health of A2a (5 min.)




What can you expect buying and holding a share of A2a? (5 min.)

Welcome investor! A2a's management wants to use your money to grow the business. In return you get a share of A2a.

What can you expect buying and holding a share of A2a?

First you should know what it really means to hold a share of A2a. And how you can make/lose money.

Speculation

The Price per Share of A2a is €1.67. 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 A2a.
  • 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 A2a, 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 €1.24. Based on the TTM, the Book Value Change Per Share is €-0.13 per quarter. Based on the YOY, the Book Value Change Per Share is €0.06 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.10 per quarter.
Based on historical numbers we can estimate the returns while holding a share of A2a.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.148.3%0.148.3%0.1710.4%0.148.3%0.095.4%
Usd Book Value Change Per Share-0.14-8.4%-0.14-8.4%0.063.9%0.063.7%0.138.1%
Usd Dividend Per Share0.106.2%0.106.2%0.095.4%0.085.0%0.063.7%
Usd Total Gains Per Share-0.04-2.1%-0.04-2.1%0.169.3%0.158.7%0.2011.8%
Usd Price Per Share1.35-1.35-1.86-1.63-1.43-
Price to Earnings Ratio9.73-9.73-10.69-11.89-11.84-
Price-to-Total Gains Ratio-38.24--38.24-11.97-0.34--8.70-
Price to Book Ratio1.00-1.00-1.25-1.22-1.20-
Price-to-Total Gains Ratio-38.24--38.24-11.97-0.34--8.70-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.806439
Number of shares553
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.100.08
Usd Book Value Change Per Share-0.140.06
Usd Total Gains Per Share-0.040.15
Gains per Quarter (553 shares)-19.4880.38
Gains per Year (553 shares)-77.90321.53
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1231-309-88186135312
2461-617-166372271634
3692-926-244559406956
4923-1234-3227455411278
51153-1543-4009316771600
61384-1851-47811178121922
71615-2160-55613039472244
81845-2468-634149010832566
92076-2777-712167612182888
102306-3085-790186213533210

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 Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%6.04.00.060.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%6.04.00.060.0%

Fundamentals of A2a

About A2A S.p.A

A2A S.p.A. engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally. The company generates electricity through hydroelectric, thermoelectric, photovoltaic, cogeneration, biomass, waste treatment, and wind plants with a total installed capacity of 9.2 GW; and purchases and sells electricity, gas, fuels, and environmental certificates. It also engages in the production and sale of heat produced through district heating networks; waste management activities, including collection and street sweeping, treatment, disposal, and recovery of materials and energy; and the construction and management of integrated waste disposal plants and systems. In addition, the company offers integrated water cycle management services; and technical consultancy services relating to energy efficiency certificates. Further, it is involved in the management of public lighting systems and traffic lights, votive lamps, street lights, and water purification and sewer activities, as well as offers energy efficiency and electric mobility services. Additionally, the company provides telecommunication services; and develops infrastructures, as well as designs solutions and applications for creating new models of cities and territories. A2A S.p.A. is headquartered in Brescia, Italy.

Fundamental data was last updated by Penke on 2024-03-19 07:19:04.

Financial Health

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

Valuation

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

1.1. Profitability of A2A S.p.A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit A2a earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare A2a to the Utilities - Diversified industry mean.
  • A Net Profit Margin of 1.7% means that €0.02 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of A2A S.p.A:

  • The MRQ is 1.7%. The company is making a profit. +1
  • The TTM is 1.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.7%TTM1.7%0.0%
TTM1.7%YOY4.4%-2.7%
TTM1.7%5Y4.5%-2.8%
5Y4.5%10Y3.5%+1.1%
1.1.2. Return on Assets

Shows how efficient A2a is using its assets to generate profit.

  • Above 5% is considered healthy but always compare A2a to the Utilities - Diversified industry mean.
  • 1.9% Return on Assets means that A2a generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of A2A S.p.A:

  • The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.9%TTM1.9%0.0%
TTM1.9%YOY2.8%-0.9%
TTM1.9%5Y2.9%-1.0%
5Y2.9%10Y2.1%+0.8%
1.1.3. Return on Equity

Shows how efficient A2a is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare A2a to the Utilities - Diversified industry mean.
  • 10.3% Return on Equity means A2a generated €0.10 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of A2A S.p.A:

  • The MRQ is 10.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.3%TTM10.3%0.0%
TTM10.3%YOY13.4%-3.1%
TTM10.3%5Y11.4%-1.1%
5Y11.4%10Y7.9%+3.5%

1.2. Operating Efficiency of A2A S.p.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient A2a is operating .

  • Measures how much profit A2a 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 A2a to the Utilities - Diversified industry mean.
  • An Operating Margin of 2.9% means the company generated €0.03  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of A2A S.p.A:

  • The MRQ is 2.9%. The company is operating less efficient.
  • The TTM is 2.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.9%0.0%
TTM2.9%YOY5.6%-2.7%
TTM2.9%5Y7.4%-4.5%
5Y7.4%10Y10.1%-2.7%
1.2.2. Operating Ratio

Measures how efficient A2a is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Diversified industry mean).
  • An Operation Ratio of 1.85 means that the operating costs are €1.85 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of A2A S.p.A:

  • The MRQ is 1.847. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.847. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.847TTM1.8470.000
TTM1.847YOY1.742+0.105
TTM1.8475Y1.683+0.164
5Y1.68310Y1.610+0.073

1.3. Liquidity of A2A S.p.A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if A2a is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Diversified industry mean).
  • A Current Ratio of 1.15 means the company has €1.15 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of A2A S.p.A:

  • The MRQ is 1.150. The company is just able to pay all its short-term debts.
  • The TTM is 1.150. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.150TTM1.1500.000
TTM1.150YOY1.072+0.078
TTM1.1505Y1.170-0.020
5Y1.17010Y1.226-0.056
1.3.2. Quick Ratio

Measures if A2a is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare A2a to the Utilities - Diversified industry mean.
  • A Quick Ratio of 0.69 means the company can pay off €0.69 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of A2A S.p.A:

  • The MRQ is 0.688. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.688. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.688TTM0.6880.000
TTM0.688YOY0.523+0.165
TTM0.6885Y0.827-0.139
5Y0.82710Y0.939-0.112

1.4. Solvency of A2A S.p.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of A2a assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare A2a to Utilities - Diversified industry mean.
  • A Debt to Asset Ratio of 0.82 means that A2a assets are financed with 81.8% credit (debt) and the remaining percentage (100% - 81.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of A2A S.p.A:

  • The MRQ is 0.818. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.818. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.818TTM0.8180.000
TTM0.818YOY0.761+0.056
TTM0.8185Y0.712+0.105
5Y0.71210Y0.706+0.006
1.4.2. Debt to Equity Ratio

Measures if A2a is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare A2a to the Utilities - Diversified industry mean.
  • A Debt to Equity ratio of 448.0% means that company has €4.48 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of A2A S.p.A:

  • The MRQ is 4.480. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.480. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.480TTM4.4800.000
TTM4.480YOY3.645+0.835
TTM4.4805Y2.948+1.532
5Y2.94810Y2.799+0.149

2. Market Valuation of A2A S.p.A

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 A2a generates.

  • Above 15 is considered overpriced but always compare A2a to the Utilities - Diversified industry mean.
  • A PE ratio of 9.73 means the investor is paying €9.73 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of A2A S.p.A:

  • The EOD is 13.047. Based on the earnings, the company is underpriced. +1
  • The MRQ is 9.727. Based on the earnings, the company is underpriced. +1
  • The TTM is 9.727. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD13.047MRQ9.727+3.320
MRQ9.727TTM9.7270.000
TTM9.727YOY10.692-0.965
TTM9.7275Y11.887-2.160
5Y11.88710Y11.841+0.046
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of A2A S.p.A:

  • The EOD is 261.598. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 195.024. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 195.024. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD261.598MRQ195.024+66.574
MRQ195.024TTM195.0240.000
TTM195.024YOY88.338+106.686
TTM195.0245Y56.194+138.830
5Y56.19410Y31.707+24.487
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of A2a is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Diversified industry mean).
  • A PB ratio of 1.00 means the investor is paying €1.00 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of A2A S.p.A:

  • The EOD is 1.342. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.000. Based on the equity, the company is underpriced. +1
  • The TTM is 1.000. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.342MRQ1.000+0.341
MRQ1.000TTM1.0000.000
TTM1.000YOY1.252-0.252
TTM1.0005Y1.216-0.215
5Y1.21610Y1.197+0.019
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of A2A S.p.A compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.129-0.1290%0.060-316%0.057-328%0.124-204%
Book Value Per Share--1.2451.2450%1.373-9%1.244+0%1.116+12%
Current Ratio--1.1501.1500%1.072+7%1.170-2%1.226-6%
Debt To Asset Ratio--0.8180.8180%0.761+7%0.712+15%0.706+16%
Debt To Equity Ratio--4.4804.4800%3.645+23%2.948+52%2.799+60%
Dividend Per Share--0.0960.0960%0.084+15%0.078+24%0.057+68%
Eps--0.1280.1280%0.161-20%0.128+0%0.084+53%
Free Cash Flow Per Share--0.0060.0060%0.019-67%0.049-87%0.110-94%
Free Cash Flow To Equity Per Share--0.3890.3890%0.032+1108%0.110+255%0.066+493%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.258--------
Intrinsic Value_10Y_min---0.972--------
Intrinsic Value_1Y_max--0.044--------
Intrinsic Value_1Y_min---0.030--------
Intrinsic Value_3Y_max--0.119--------
Intrinsic Value_3Y_min---0.148--------
Intrinsic Value_5Y_max--0.176--------
Intrinsic Value_5Y_min---0.331--------
Market Cap5231959833.600+25%3900473049.6003900473049.6000%5388605337.600-28%4708137268.224-17%4144213453.824-6%
Net Profit Margin--0.0170.0170%0.044-61%0.045-62%0.035-50%
Operating Margin--0.0290.0290%0.056-48%0.074-61%0.101-71%
Operating Ratio--1.8471.8470%1.742+6%1.683+10%1.610+15%
Pb Ratio1.342+25%1.0001.0000%1.252-20%1.216-18%1.197-16%
Pe Ratio13.047+25%9.7279.7270%10.692-9%11.887-18%11.841-18%
Price Per Share1.670+25%1.2451.2450%1.720-28%1.503-17%1.323-6%
Price To Free Cash Flow Ratio261.598+25%195.024195.0240%88.338+121%56.194+247%31.707+515%
Price To Total Gains Ratio-51.294-34%-38.240-38.2400%11.975-419%0.336-11465%-8.705-77%
Quick Ratio--0.6880.6880%0.523+31%0.827-17%0.939-27%
Return On Assets--0.0190.0190%0.028-33%0.029-36%0.021-10%
Return On Equity--0.1030.1030%0.134-23%0.114-9%0.079+30%
Total Gains Per Share---0.033-0.0330%0.144-123%0.134-124%0.182-118%
Usd Book Value--4217548300.0004217548300.0000%4654555100.000-9%4216899280.000+0%3780433330.000+12%
Usd Book Value Change Per Share---0.139-0.1390%0.065-316%0.061-328%0.135-204%
Usd Book Value Per Share--1.3461.3460%1.486-9%1.346+0%1.207+12%
Usd Dividend Per Share--0.1040.1040%0.091+15%0.084+24%0.062+68%
Usd Eps--0.1380.1380%0.174-20%0.138+0%0.091+53%
Usd Free Cash Flow--21634000.00021634000.0000%65983700.000-67%166149120.000-87%371131270.000-94%
Usd Free Cash Flow Per Share--0.0070.0070%0.021-67%0.053-87%0.118-94%
Usd Free Cash Flow To Equity Per Share--0.4210.4210%0.035+1108%0.119+255%0.071+493%
Usd Market Cap5659410952.005+25%4219141697.7524219141697.7520%5828854393.682-28%5092792083.038-17%4482795693.001-6%
Usd Price Per Share1.806+25%1.3471.3470%1.861-28%1.626-17%1.431-6%
Usd Profit--433761700.000433761700.0000%545176800.000-20%433112680.000+0%283946250.000+53%
Usd Revenue--25058662200.00025058662200.0000%12279458400.000+104%11807620860.000+112%8643972870.000+190%
Usd Total Gains Per Share---0.035-0.0350%0.155-123%0.145-124%0.197-118%
 EOD+3 -5MRQTTM+0 -0YOY+10 -255Y+14 -2110Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of A2A S.p.A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.047
Price to Book Ratio (EOD)Between0-11.342
Net Profit Margin (MRQ)Greater than00.017
Operating Margin (MRQ)Greater than00.029
Quick Ratio (MRQ)Greater than10.688
Current Ratio (MRQ)Greater than11.150
Debt to Asset Ratio (MRQ)Less than10.818
Debt to Equity Ratio (MRQ)Less than14.480
Return on Equity (MRQ)Greater than0.150.103
Return on Assets (MRQ)Greater than0.050.019
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of A2A S.p.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.992
Ma 20Greater thanMa 501.671
Ma 50Greater thanMa 1001.706
Ma 100Greater thanMa 2001.800
OpenGreater thanClose1.640
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets21,367,000
Total Liabilities17,468,000
Total Stockholder Equity3,899,000
 As reported
Total Liabilities 17,468,000
Total Stockholder Equity+ 3,899,000
Total Assets = 21,367,000

Assets

Total Assets21,367,000
Total Current Assets11,138,000
Long-term Assets10,229,000
Total Current Assets
Cash And Cash Equivalents 2,584,000
Short-term Investments 14,000
Net Receivables 4,680,000
Inventory 536,000
Other Current Assets 2,885,000
Total Current Assets  (as reported)11,138,000
Total Current Assets  (calculated)10,699,000
+/- 439,000
Long-term Assets
Property Plant Equipment 6,162,000
Goodwill 844,000
Intangible Assets 2,671,000
Other Assets 470,000
Long-term Assets  (as reported)10,229,000
Long-term Assets  (calculated)10,147,000
+/- 82,000

Liabilities & Shareholders' Equity

Total Current Liabilities9,686,000
Long-term Liabilities7,214,000
Total Stockholder Equity3,899,000
Total Current Liabilities
Short Long Term Debt 991,000
Accounts payable 5,481,000
Other Current Liabilities 2,922,000
Total Current Liabilities  (as reported)9,686,000
Total Current Liabilities  (calculated)9,394,000
+/- 292,000
Long-term Liabilities
Long term Debt Total 5,867,000
Other Liabilities 1,347,000
Long-term Liabilities  (as reported)7,214,000
Long-term Liabilities  (calculated)7,214,000
+/-0
Total Stockholder Equity
Common Stock1,629,000
Retained Earnings 401,000
Other Stockholders Equity 1,869,000
Total Stockholder Equity (as reported)3,899,000
Total Stockholder Equity (calculated)3,899,000
+/-0
Other
Capital Stock1,629,000
Cash And Equivalents1,959,000
Cash and Short Term Investments 1,973,000
Common Stock Shares Outstanding 3,132,905
Liabilities and Stockholders Equity 21,367,000
Net Debt 4,142,000
Net Invested Capital 10,625,000
Net Tangible Assets 384,000
Net Working Capital 1,452,000
Property Plant and Equipment Gross 14,112,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
11,010,000
10,333,000
9,801,000
10,379,000
9,949,000
10,333,000
10,725,000
12,226,000
18,008,000
21,367,000
21,367,00018,008,00012,226,00010,725,00010,333,0009,949,00010,379,0009,801,00010,333,00011,010,000
   > Total Current Assets 
3,109,000
2,885,000
2,730,000
3,065,000
3,064,000
3,082,000
3,110,000
3,981,000
8,749,000
11,138,000
11,138,0008,749,0003,981,0003,110,0003,082,0003,064,0003,065,0002,730,0002,885,0003,109,000
       Cash And Cash Equivalents 
376,000
544,000
636,000
402,000
691,000
624,000
434,000
1,012,000
964,000
2,584,000
2,584,000964,0001,012,000434,000624,000691,000402,000636,000544,000376,000
       Short-term Investments 
107,000
126,000
171,000
218,000
8,000
16,000
10,000
11,000
9,000
14,000
14,0009,00011,00010,00016,0008,000218,000171,000126,000107,000
       Net Receivables 
2,294,000
1,868,000
1,485,000
1,998,000
1,868,000
1,942,000
2,067,000
2,030,000
3,291,000
4,680,000
4,680,0003,291,0002,030,0002,067,0001,942,0001,868,0001,998,0001,485,0001,868,0002,294,000
       Inventory 
284,000
284,000
184,000
159,000
147,000
187,000
184,000
139,000
204,000
536,000
536,000204,000139,000184,000187,000147,000159,000184,000284,000284,000
       Other Current Assets 
48,000
63,000
120,000
288,000
350,000
329,000
425,000
498,000
3,989,000
2,885,000
2,885,0003,989,000498,000425,000329,000350,000288,000120,00063,00048,000
   > Long-term Assets 
0
0
0
7,321,000
7,109,000
7,363,000
7,615,000
8,273,000
9,421,000
10,229,000
10,229,0009,421,0008,273,0007,615,0007,363,0007,109,0007,321,000000
       Property Plant Equipment 
5,930,000
5,625,000
5,067,000
5,129,000
4,606,000
4,620,000
4,869,000
5,162,000
5,588,000
6,162,000
6,162,0005,588,0005,162,0004,869,0004,620,0004,606,0005,129,0005,067,0005,625,0005,930,000
       Goodwill 
482,000
482,000
482,000
557,000
457,000
444,000
374,000
426,000
746,000
844,000
844,000746,000426,000374,000444,000457,000557,000482,000482,000482,000
       Long Term Investments 
240,000
139,000
137,000
136,000
107,000
23,000
65,000
0
0
0
00065,00023,000107,000136,000137,000139,000240,000
       Intangible Assets 
824,000
836,000
866,000
1,167,000
1,406,000
1,858,000
2,005,000
2,311,000
2,379,000
2,671,000
2,671,0002,379,0002,311,0002,005,0001,858,0001,406,0001,167,000866,000836,000824,000
       Long-term Assets Other 
0
0
0
8,000
8,000
12,000
23,000
28,000
25,000
86,000
86,00025,00028,00023,00012,0008,0008,000000
> Total Liabilities 
7,662,000
7,154,000
7,155,000
7,108,000
6,936,000
6,810,000
7,074,000
8,110,000
13,705,000
17,468,000
17,468,00013,705,0008,110,0007,074,0006,810,0006,936,0007,108,0007,155,0007,154,0007,662,000
   > Total Current Liabilities 
2,300,000
2,044,000
2,426,000
2,527,000
2,343,000
2,722,000
2,635,000
3,025,000
8,163,000
9,686,000
9,686,0008,163,0003,025,0002,635,0002,722,0002,343,0002,527,0002,426,0002,044,0002,300,000
       Short-term Debt 
4,397,000
173,000
1,000
357,000
432,000
689,000
304,000
0
0
0
000304,000689,000432,000357,0001,000173,0004,397,000
       Short Long Term Debt 
4,397,000
173,000
690,000
357,000
432,000
689,000
279,000
567,000
723,000
991,000
991,000723,000567,000279,000689,000432,000357,000690,000173,0004,397,000
       Accounts payable 
1,298,000
1,249,000
1,165,000
1,381,000
1,379,000
1,410,000
1,478,000
1,549,000
2,886,000
5,481,000
5,481,0002,886,0001,549,0001,478,0001,410,0001,379,0001,381,0001,165,0001,249,0001,298,000
       Other Current Liabilities 
544,000
239,000
302,000
463,000
222,000
336,000
552,000
596,000
4,267,000
2,922,000
2,922,0004,267,000596,000552,000336,000222,000463,000302,000239,000544,000
   > Long-term Liabilities 
0
0
0
4,588,000
4,593,000
4,088,000
4,439,000
5,099,000
5,557,000
7,214,000
7,214,0005,557,0005,099,0004,439,0004,088,0004,593,0004,588,000000
       Long term Debt Total 
0
0
3,089,000
3,436,000
3,501,000
2,984,000
3,307,000
3,909,000
4,322,000
5,867,000
5,867,0004,322,0003,909,0003,307,0002,984,0003,501,0003,436,0003,089,00000
       Capital Lease Obligations 
0
0
0
7,000
45,000
51,000
142,000
110,000
112,000
163,000
163,000112,000110,000142,00051,00045,0007,000000
       Long-term Liabilities Other 
0
0
0
93,000
125,000
134,000
140,000
52,000
23,000
370,000
370,00023,00052,000140,000134,000125,00093,000000
> Total Stockholder Equity
2,791,000
2,579,000
2,646,000
2,717,000
2,878,000
3,135,000
3,289,000
3,537,000
3,760,000
3,899,000
3,899,0003,760,0003,537,0003,289,0003,135,0002,878,0002,717,0002,646,0002,579,0002,791,000
   Common Stock
1,629,000
1,629,000
1,629,000
1,629,000
1,629,000
1,629,000
1,629,000
1,629,000
1,629,000
1,629,000
1,629,0001,629,0001,629,0001,629,0001,629,0001,629,0001,629,0001,629,0001,629,0001,629,000
   Retained Earnings Total Equity0000000000
   Accumulated Other Comprehensive Income 0000000000
   Capital Surplus 0000000000
   Treasury Stock00-54,000-54,000-54,000-54,000-54,000-61,00000
   Other Stockholders Equity 
1,161,000
1,048,000
-25,000
919,000
1,010,000
1,216,000
1,325,000
1,598,000
1,627,000
1,869,000
1,869,0001,627,0001,598,0001,325,0001,216,0001,010,000919,000-25,0001,048,0001,161,000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue17,045,000
Cost of Revenue-14,370,000
Gross Profit2,675,0002,675,000
 
Operating Income (+$)
Gross Profit2,675,000
Operating Expense-16,243,000
Operating Income802,000-13,568,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense16,243,0000
 
Net Interest Income (+$)
Interest Income48,000
Interest Expense-172,000
Other Finance Cost-19,000
Net Interest Income-143,000
 
Pretax Income (+$)
Operating Income802,000
Net Interest Income-143,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)682,000802,000
EBIT - interestExpense = -172,000
365,000
537,000
Interest Expense172,000
Earnings Before Interest and Taxes (EBIT)-854,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax682,000
Tax Provision-282,000
Net Income From Continuing Ops400,000400,000
Net Income365,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-143,000
 

Technical Analysis of A2a
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 A2a. The general trend of A2a is BEARISH with 71.4% 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 A2a'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 (-71.4%) Bearish trend (71.4%)
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 A2A S.p.A.

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: 1.7445 < 1.746 < 1.76.

The bearish price targets are: 1.6135 > 1.611 > 1.4995.

Tweet this
A2A S.p.A 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 A2A S.p.A. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower 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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below 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 below the MA 200. -1

Directionalities and relatives.

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

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

A2A S.p.A 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 A2A S.p.A. The current macd is -0.01971358.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the A2a price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for A2a. 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 A2a 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
A2A S.p.A Daily Moving Average Convergence/Divergence (MACD) ChartA2A S.p.A 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 A2A S.p.A. The current adx is 18.49.

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 A2a 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.
A2A S.p.A 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 A2A S.p.A. The current sar is 1.69326325.

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
A2A S.p.A Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of A2A S.p.A. The current rsi is 48.99. The current phase is Continuation in bear 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).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
A2A S.p.A Daily Relative Strength Index (RSI) ChartA2A S.p.A 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 A2A S.p.A. The current phase is Continuation in bear 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 A2a price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
A2A S.p.A Daily Stochastic Oscillator ChartA2A S.p.A 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 A2A S.p.A. The current cci is -34.12582889.

A2A S.p.A Daily Commodity Channel Index (CCI) ChartA2A S.p.A 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 A2A S.p.A. The current cmo is 6.66941177.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
A2A S.p.A Daily Chande Momentum Oscillator (CMO) ChartA2A S.p.A 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 A2A S.p.A. The current willr is -59.02777778.

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 A2a is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
A2A S.p.A Daily Williams %R ChartA2A S.p.A Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of A2A S.p.A.

A2A S.p.A 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 A2A S.p.A. The current atr is 0.03578123.

A2A S.p.A Daily Average True Range (ATR) ChartA2A S.p.A Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of A2A S.p.A. The current obv is 295,697,474.

A2A S.p.A Daily On-Balance Volume (OBV) ChartA2A S.p.A 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 A2A S.p.A. The current mfi is 42.41.

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
A2A S.p.A Daily Money Flow Index (MFI) ChartA2A S.p.A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for A2A S.p.A.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CMO 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).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).

6.3. Candlestick Patterns

A2A S.p.A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of A2A S.p.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.992
Ma 20Greater thanMa 501.671
Ma 50Greater thanMa 1001.706
Ma 100Greater thanMa 2001.800
OpenGreater thanClose1.640
Total1/5 (20.0%)
Penke

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

  • Share my analysis of A2a with someone you think should read this too:
  • Are you bullish or bearish on A2a? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about A2a? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about A2A S.p.A

I send you an email if I find something interesting about A2A S.p.A.


Comments

How you think about this?

Leave a comment

Stay informed about A2A S.p.A.

Receive notifications about A2A S.p.A in your mailbox!