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Adherium Ltd
Buy, Hold or Sell?

Let's analyse Adherium together

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

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

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Quick analysis of Adherium (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
18.2%

What is your share worth?

Current worth
A$0.03
Expected worth in 1 year
A$0.07
How sure are you?
36.4%

+ What do you gain per year?

Total Gains per Share
A$0.04
Return On Investment
220.5%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.016 - A$0.031
How sure are you?
50%

1. Valuation of Adherium (5 min.)




Live pricePrice per Share (EOD)

A$0.02

Intrinsic Value Per Share

A$-0.33 - A$-0.19

Total Value Per Share

A$-0.30 - A$-0.16

2. Growth of Adherium (5 min.)




Is Adherium growing?

Current yearPrevious yearGrowGrow %
How rich?$6.1m$3.6m$2.4m39.9%

How much money is Adherium making?

Current yearPrevious yearGrowGrow %
Making money-$6.5m-$6.6m$123.5k1.9%
Net Profit Margin-308.5%-1,898.7%--

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

3. Financial Health of Adherium (5 min.)




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

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

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

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

Speculation

The Price per Share of Adherium is A$0.02. 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 Adherium.
  • 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 Adherium, 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 A$0.03. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.03 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 A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Adherium.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.02-98.2%-0.02-98.2%-0.02-111.8%-0.02-118.2%-0.02-87.0%
Usd Book Value Change Per Share0.0136.6%0.0136.6%-0.02-84.7%0.00-7.2%0.005.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.0164.1%0.0129.1%
Usd Total Gains Per Share0.0136.6%0.0136.6%-0.02-84.7%0.0156.9%0.0134.3%
Usd Price Per Share0.00-0.00-0.00-0.01-0.05-
Price to Earnings Ratio-0.08--0.08--0.21--0.44--2.83-
Price-to-Total Gains Ratio0.23-0.23--0.27--0.02--4.65-
Price to Book Ratio0.09-0.09-0.42-2.99-2.37-
Price-to-Total Gains Ratio0.23-0.23--0.27--0.02--4.65-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.013286
Number of shares75267
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.01
Gains per Quarter (75267 shares)551.37857.00
Gains per Year (75267 shares)2,205.493,428.01
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10220521953859-4313418
20441144007719-8636846
306616660511578-129410274
408822881015438-172613702
50110271101519297-215717130
60132331322023156-258820558
70154381542527016-302023986
80176441763030875-345127414
90198491983534735-388230842
100220552204038594-431434270

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.011.00.00.0%0.012.00.00.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%4.07.00.036.4%5.07.00.041.7%
Dividend per Share0.00.01.00.0%1.00.02.033.3%2.00.03.040.0%2.00.09.018.2%2.00.010.016.7%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%4.07.00.036.4%5.07.00.041.7%

Fundamentals of Adherium

About Adherium Ltd

Adherium Limited develops, manufactures, and supplies digital health technologies that address sub-optimal medication use in chronic diseases in New Zealand, Australia, Europe, and North America. The company offers Hailie, an asthma and chronic obstructive pulmonary disease medication adherence solution for patients with chronic respiratory diseases. It also provides Bluetooth enabled Hailie sensors, which wrap around patient inhalers and offers real-time feedback to patients; Hailie app; and Hailie portal, as well as Hailie remote patient management solution. The company was founded in 2001 and is based in Melbourne, Australia.

Fundamental data was last updated by Penke on 2024-06-04 07:04:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Adherium Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Adherium earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare¬†Adherium to the¬† industry mean.
  • A Net Profit Margin of -308.5%¬†means that¬†$-3.09 for each $1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Adherium Ltd:

  • The MRQ is -308.5%. The company is making a huge loss. -2
  • The TTM is -308.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-308.5%TTM-308.5%0.0%
TTM-308.5%YOY-1,898.7%+1,590.1%
TTM-308.5%5Y-1,379.0%+1,070.5%
5Y-1,379.0%10Y-805.6%-573.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy¬†but always compare¬†Adherium to the¬† industry mean.
  • -77.7% Return on Assets means that¬†Adherium generated¬†$-0.78 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Adherium Ltd:

  • The MRQ is -77.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -77.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-77.7%TTM-77.7%0.0%
TTM-77.7%YOY-117.7%+40.0%
TTM-77.7%5Y-195.8%+118.0%
5Y-195.8%10Y-115.8%-79.9%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare¬†Adherium to the¬† industry mean.
  • -107.0% Return on Equity means Adherium generated $-1.07¬†for each¬†$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Adherium Ltd:

  • The MRQ is -107.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -107.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-107.0%TTM-107.0%0.0%
TTM-107.0%YOY-181.4%+74.4%
TTM-107.0%5Y-430.7%+323.7%
5Y-430.7%10Y-228.5%-202.2%

1.2. Operating Efficiency of Adherium Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Adherium is operating .

  • Measures how much profit Adherium 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¬†Adherium to the¬† industry mean.
  • An Operating Margin of -372.8%¬†means the company generated $-3.73 ¬†for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Adherium Ltd:

  • The MRQ is -372.8%. The company is operating very inefficient. -2
  • The TTM is -372.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-372.8%TTM-372.8%0.0%
TTM-372.8%YOY-2,427.4%+2,054.6%
TTM-372.8%5Y-1,340.7%+967.9%
5Y-1,340.7%10Y-796.9%-543.8%
1.2.2. Operating Ratio

Measures how efficient Adherium is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬† industry mean).
  • An Operation Ratio of 4.73 means that the operating costs are $4.73 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Adherium Ltd:

  • The MRQ is 4.728. The company is inefficient in keeping operating costs low. -1
  • The TTM is 4.728. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ4.728TTM4.7280.000
TTM4.728YOY25.274-20.546
TTM4.7285Y14.426-9.698
5Y14.42610Y9.034+5.392

1.3. Liquidity of Adherium Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to¬† industry mean).
  • A Current Ratio of 3.61¬†means the company has $3.61 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Adherium Ltd:

  • The MRQ is 3.609. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.609. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.609TTM3.6090.000
TTM3.609YOY2.783+0.826
TTM3.6095Y3.043+0.565
5Y3.04310Y6.617-3.574
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Adherium to the¬† industry mean.
  • A Quick Ratio of 3.19¬†means the company can pay off $3.19 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Adherium Ltd:

  • The MRQ is 3.186. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.186. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.186TTM3.1860.000
TTM3.186YOY2.328+0.857
TTM3.1865Y2.610+0.576
5Y2.61010Y5.962-3.353

1.4. Solvency of Adherium Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare¬†Adherium to industry mean.
  • A Debt to Asset Ratio of 0.27¬†means that Adherium assets are¬†financed with 27.3% credit (debt) and the remaining percentage (100% - 27.3%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Adherium Ltd:

  • The MRQ is 0.273. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.273. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.273TTM0.2730.000
TTM0.273YOY0.351-0.078
TTM0.2735Y0.385-0.112
5Y0.38510Y0.251+0.135
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but¬†always compare¬†Adherium to the¬† industry mean.
  • A Debt to Equity ratio of 37.6% means that company has $0.38 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Adherium Ltd:

  • The MRQ is 0.376. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.376. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.376TTM0.3760.000
TTM0.376YOY0.541-0.165
TTM0.3765Y0.764-0.388
5Y0.76410Y0.439+0.325

2. Market Valuation of Adherium Ltd

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 Adherium generates.

  • Above 15 is considered overpriced but¬†always compare¬†Adherium to the¬† industry mean.
  • A PE ratio of -0.08 means the investor is paying $-0.08¬†for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Adherium Ltd:

  • The EOD is -0.676. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.085. Based on the earnings, the company is expensive. -2
  • The TTM is -0.085. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.676MRQ-0.085-0.592
MRQ-0.085TTM-0.0850.000
TTM-0.085YOY-0.208+0.123
TTM-0.0855Y-0.438+0.354
5Y-0.43810Y-2.830+2.392
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -0.716. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.089. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.089. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.716MRQ-0.089-0.626
MRQ-0.089TTM-0.0890.000
TTM-0.089YOY-0.236+0.147
TTM-0.0895Y-0.540+0.450
5Y-0.54010Y-2.755+2.216
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to industry mean).
  • A PB ratio of 0.09 means the investor is paying $0.09¬†for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Adherium Ltd:

  • The EOD is 0.724. Based on the equity, the company is cheap. +2
  • The MRQ is 0.090. Based on the equity, the company is cheap. +2
  • The TTM is 0.090. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.724MRQ0.090+0.633
MRQ0.090TTM0.0900.000
TTM0.090YOY0.422-0.331
TTM0.0905Y2.986-2.896
5Y2.98610Y2.374+0.613
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Adherium Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Adherium Ltd 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--0.0110.0110%-0.025+331%-0.002+120%0.002+608%
Book Value Per Share--0.0280.0280%0.017+66%0.020+40%0.037-25%
Current Ratio--3.6093.6090%2.783+30%3.043+19%6.617-45%
Debt To Asset Ratio--0.2730.2730%0.351-22%0.385-29%0.251+9%
Debt To Equity Ratio--0.3760.3760%0.541-30%0.764-51%0.439-14%
Dividend Per Share----0%-0%0.019-100%0.009-100%
Eps---0.030-0.0300%-0.034+14%-0.036+20%-0.026-11%
Free Cash Flow Per Share---0.028-0.0280%-0.030+6%-0.030+8%-0.025-11%
Free Cash Flow To Equity Per Share--0.0110.0110%-0.025+325%0.005+109%0.005+117%
Gross Profit Margin--1.4061.4060%1.094+29%1.194+18%1.204+17%
Intrinsic Value_10Y_max---0.190--------
Intrinsic Value_10Y_min---0.327--------
Intrinsic Value_1Y_max---0.024--------
Intrinsic Value_1Y_min---0.031--------
Intrinsic Value_3Y_max---0.068--------
Intrinsic Value_3Y_min---0.096--------
Intrinsic Value_5Y_max---0.107--------
Intrinsic Value_5Y_min---0.162--------
Market Cap6668800.000+88%833600.000833600.0000%2334080.000-64%5301696.000-84%25295970.909-97%
Net Profit Margin---3.085-3.0850%-18.987+515%-13.790+347%-8.056+161%
Operating Margin---3.728-3.7280%-24.274+551%-13.407+260%-7.969+114%
Operating Ratio--4.7284.7280%25.274-81%14.426-67%9.034-48%
Pb Ratio0.724+88%0.0900.0900%0.422-79%2.986-97%2.374-96%
Pe Ratio-0.676-700%-0.085-0.0850%-0.208+146%-0.438+418%-2.830+3247%
Price Per Share0.020+88%0.0030.0030%0.007-64%0.016-84%0.076-97%
Price To Free Cash Flow Ratio-0.716-700%-0.089-0.0890%-0.236+164%-0.540+503%-2.755+2980%
Price To Total Gains Ratio1.814+88%0.2270.2270%-0.275+221%-0.019+108%-4.649+2151%
Quick Ratio--3.1863.1860%2.328+37%2.610+22%5.962-47%
Return On Assets---0.777-0.7770%-1.177+51%-1.958+152%-1.158+49%
Return On Equity---1.070-1.0700%-1.814+70%-4.307+303%-2.285+114%
Total Gains Per Share--0.0110.0110%-0.025+331%0.017-36%0.010+7%
Usd Book Value--6120860.2006120860.2000%3678229.100+66%4384380.000+40%8151556.937-25%
Usd Book Value Change Per Share--0.0070.0070%-0.017+331%-0.001+120%0.001+608%
Usd Book Value Per Share--0.0180.0180%0.011+66%0.013+40%0.024-25%
Usd Dividend Per Share----0%-0%0.013-100%0.006-100%
Usd Eps---0.020-0.0200%-0.022+14%-0.024+20%-0.017-11%
Usd Free Cash Flow---6190611.700-6190611.7000%-6569262.700+6%-6655887.420+8%-5018371.494-19%
Usd Free Cash Flow Per Share---0.019-0.0190%-0.020+6%-0.020+8%-0.017-11%
Usd Free Cash Flow To Equity Per Share--0.0070.0070%-0.017+325%0.004+109%0.003+117%
Usd Market Cap4430083.840+88%553760.480553760.4800%1550529.344-64%3521916.653-84%16804113.475-97%
Usd Price Per Share0.013+88%0.0020.0020%0.005-64%0.011-84%0.050-97%
Usd Profit---6548669.400-6548669.4000%-6672229.200+2%-7723018.940+18%-5580411.748-15%
Usd Revenue--2122438.5002122438.5000%351414.700+504%1211948.920+75%1409447.303+51%
Usd Total Gains Per Share--0.0070.0070%-0.017+331%0.011-36%0.007+7%
 EOD+6 -2MRQTTM+0 -0YOY+29 -55Y+27 -910Y+17 -19

4.2. Fundamental Score

Let's check the fundamental score of Adherium Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.676
Price to Book Ratio (EOD)Between0-10.724
Net Profit Margin (MRQ)Greater than0-3.085
Operating Margin (MRQ)Greater than0-3.728
Quick Ratio (MRQ)Greater than13.186
Current Ratio (MRQ)Greater than13.609
Debt to Asset Ratio (MRQ)Less than10.273
Debt to Equity Ratio (MRQ)Less than10.376
Return on Equity (MRQ)Greater than0.15-1.070
Return on Assets (MRQ)Greater than0.05-0.777
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Adherium Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.660
Ma 20Greater thanMa 500.018
Ma 50Greater thanMa 1000.021
Ma 100Greater thanMa 2000.033
OpenGreater thanClose0.019
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Total Other Income Expense Net -203-2,271-2,474-566-3,0403,030-10226216



Latest Balance Sheet

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

Summary
Total Assets12,681
Total Liabilities3,467
Total Stockholder Equity9,214
 As reported
Total Liabilities 3,467
Total Stockholder Equity+ 9,214
Total Assets = 12,681

Assets

Total Assets12,681
Total Current Assets12,512
Long-term Assets169
Total Current Assets
Cash And Cash Equivalents 9,077
Net Receivables 1,968
Inventory 1,239
Other Current Assets 228
Total Current Assets  (as reported)12,512
Total Current Assets  (calculated)12,512
+/-0
Long-term Assets
Property Plant Equipment 169
Intangible Assets 42
Long-term Assets  (as reported)169
Long-term Assets  (calculated)211
+/- 42

Liabilities & Shareholders' Equity

Total Current Liabilities3,467
Long-term Liabilities0
Total Stockholder Equity9,214
Total Current Liabilities
Short-term Debt 44
Accounts payable 958
Other Current Liabilities 1,810
Total Current Liabilities  (as reported)3,467
Total Current Liabilities  (calculated)2,812
+/- 655
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock123,617
Retained Earnings -120,821
Accumulated Other Comprehensive Income 6,418
Total Stockholder Equity (as reported)9,214
Total Stockholder Equity (calculated)9,214
+/-0
Other
Capital Stock123,617
Cash And Equivalents9,077
Cash and Short Term Investments 9,077
Common Stock Shares Outstanding 272,205
Current Deferred Revenue655
Liabilities and Stockholders Equity 12,681
Net Debt -9,033
Net Invested Capital 9,214
Net Tangible Assets 9,214
Net Working Capital 9,045
Property Plant and Equipment Gross 1,095
Short Long Term Debt Total 44



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302014-03-312013-06-302012-06-30
> Total Assets 
198
3,628
2,981
2,790
37,153
28,955
25,091
15,321
2,244
6,718
17,039
8,533
12,681
12,6818,53317,0396,7182,24415,32125,09128,95537,1532,7902,9813,628198
   > Total Current Assets 
0
3,579
2,808
2,628
36,797
28,626
24,409
14,540
1,772
6,478
16,909
8,219
12,512
12,5128,21916,9096,4781,77214,54024,40928,62636,7972,6282,8083,5790
       Cash And Cash Equivalents 
0
3,486
2,015
1,886
35,482
27,211
22,779
12,118
763
4,584
15,178
5,283
9,077
9,0775,28315,1784,58476312,11822,77927,21135,4821,8862,0153,4860
       Short-term Investments 
0
0
0
0
0
0
0
427
0
0
0
0
0
000004270000000
       Net Receivables 
145
8
591
459
346
948
826
975
287
604
547
1,593
1,968
1,9681,5935476042879758269483464595918145
       Other Current Assets 
8
51
10
105
643
49
78
511
305
170
222
272
228
228272222170305511784964310510518
   > Long-term Assets 
0
49
0
162
356
329
682
781
472
240
130
314
169
1693141302404727816823293561620490
       Property Plant Equipment 
3
49
173
162
166
298
417
515
380
235
127
313
169
169313127235380515417298166162173493
       Intangible Assets 
23
0
0
0
190
31
265
266
92
5
3
1
42
42135922662653119000023
> Total Liabilities 
104
123
667
624
2,625
1,498
2,386
2,511
1,414
3,334
3,004
2,996
3,467
3,4672,9963,0043,3341,4142,5112,3861,4982,625624667123104
   > Total Current Liabilities 
80
123
667
624
2,625
1,498
2,386
2,511
1,414
3,334
3,004
2,953
3,467
3,4672,9533,0043,3341,4142,5112,3861,4982,62562466712380
       Short-term Debt 
0
0
0
2,543
3,376
3,494
1,362
427
39
0
0
42
44
444200394271,3623,4943,3762,543000
       Short Long Term Debt 
0
0
0
2,543
3,254
3,494
2,096
0
0
0
0
0
0
0000002,0963,4943,2542,543000
       Accounts payable 
70
105
217
203
1,329
591
2,382
877
914
1,003
701
335
958
9583357011,0039148772,3825911,32920321710570
       Other Current Liabilities 
10
18
450
421
106
803
1,362
1,634
500
1,643
1,618
1,362
1,810
1,8101,3621,6181,6435001,6341,3628031064214501810
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
1,414
1,691
1,386
43
0
0431,3861,6911,41400000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
43
0
04300000000000
       Deferred Long Term Liability 
0
0
0
0
190
0
0
0
0
0
0
0
0
000000001900000
> Total Stockholder Equity
95
3,504
2,314
2,166
34,528
27,457
22,705
12,810
830
3,384
14,035
5,537
9,214
9,2145,53714,0353,38483012,81022,70527,45734,5282,1662,3143,50495
   Retained Earnings -120,821-110,964-100,920-85,884-46,952-35,158-25,820-40,545-692-4,353-4,650-1,8420
   Accumulated Other Comprehensive Income 
0
0
0
0
-32,009
1,282
-25,753
1,154
968
1,586
4,783
5,978
6,418
6,4185,9784,7831,5869681,154-25,7531,282-32,0090000
   Capital Surplus 0000000000000
   Treasury Stock0000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue3,195
Cost of Revenue-1,503
Gross Profit1,6921,692
 
Operating Income (+$)
Gross Profit1,692
Operating Expense-13,604
Operating Income-11,912-11,912
 
Operating Expense (+$)
Research Development4,725
Selling General Administrative4,854
Selling And Marketing Expenses4,006
Operating Expense13,60413,585
 
Net Interest Income (+$)
Interest Income203
Interest Expense-6
Other Finance Cost-0
Net Interest Income197
 
Pretax Income (+$)
Operating Income-11,912
Net Interest Income197
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-11,696-12,128
EBIT - interestExpense = -11,918
-11,696
-9,852
Interest Expense6
Earnings Before Interest and Taxes (EBIT)-11,912-11,690
Earnings Before Interest and Taxes (EBITDA)-11,721
 
After tax Income (+$)
Income Before Tax-11,696
Tax Provision-0
Net Income From Continuing Ops-9,858-11,696
Net Income-9,858
Net Income Applicable To Common Shares-9,858
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses15,107
Total Other Income/Expenses Net216-197
 

Technical Analysis of Adherium
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 Adherium. The general trend of Adherium 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 Adherium'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 Adherium Ltd.

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: 0.0239 < 0.029546875 < 0.031.

The bearish price targets are: 0.016 > 0.016 > 0.016.

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

Adherium Ltd 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 Adherium Ltd. The current macd is -0.00082173.

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 Adherium price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Adherium. 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 Adherium 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
Adherium Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAdherium Ltd 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 Adherium Ltd. The current adx is 23.26.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Adherium shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Adherium Ltd 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 Adherium Ltd. The current sar is 0.02387666.

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
Adherium Ltd 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 Adherium Ltd. The current rsi is 54.66. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Adherium Ltd Daily Relative Strength Index (RSI) ChartAdherium Ltd 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 Adherium Ltd. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Adherium price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Adherium Ltd Daily Stochastic Oscillator ChartAdherium Ltd 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 Adherium Ltd. The current cci is 96.00.

Adherium Ltd Daily Commodity Channel Index (CCI) ChartAdherium Ltd 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 Adherium Ltd. The current cmo is 25.84.

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
Adherium Ltd Daily Chande Momentum Oscillator (CMO) ChartAdherium Ltd 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 Adherium Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Adherium Ltd Daily Williams %R ChartAdherium Ltd 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 Adherium Ltd.

Adherium Ltd 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 Adherium Ltd. The current atr is 0.00161926.

Adherium Ltd Daily Average True Range (ATR) ChartAdherium Ltd 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 Adherium Ltd. The current obv is -116,725,427.

Adherium Ltd Daily On-Balance Volume (OBV) ChartAdherium Ltd 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 Adherium Ltd. The current mfi is 33.05.

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
Adherium Ltd Daily Money Flow Index (MFI) ChartAdherium Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Adherium Ltd.

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
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16DMI 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
2024-02-19DMI 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
2024-02-20MACD 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
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-02BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-03CMO 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-10DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-15DMI 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
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-09MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-05-14MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Adherium Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Adherium Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.660
Ma 20Greater thanMa 500.018
Ma 50Greater thanMa 1000.021
Ma 100Greater thanMa 2000.033
OpenGreater thanClose0.019
Total1/5 (20.0%)
Penke

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