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Althea Group Holdings Ltd
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Let's analyse Althea Group Holdings Ltd together

PenkeI guess you are interested in Althea Group Holdings 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 Althea Group Holdings 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 Althea Group Holdings Ltd (30 sec.)










What can you expect buying and holding a share of Althea Group Holdings Ltd? (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?
33.3%

What is your share worth?

Current worth
A$0.07
Expected worth in 1 year
A$-0.04
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$-0.12
Return On Investment
-524.0%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0 - A$0.03
How sure are you?
50%

1. Valuation of Althea Group Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.02

Intrinsic Value Per Share

A$-0.34 - A$0.45

Total Value Per Share

A$-0.27 - A$0.53

2. Growth of Althea Group Holdings Ltd (5 min.)




Is Althea Group Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$19.7m$27.5m-$7.7m-39.2%

How much money is Althea Group Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$9.1m-$8m-$1m-11.7%
Net Profit Margin-55.3%-60.4%--

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

3. Financial Health of Althea Group Holdings Ltd (5 min.)




What can you expect buying and holding a share of Althea Group Holdings Ltd? (5 min.)

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

What can you expect buying and holding a share of Althea Group Holdings Ltd?

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

Speculation

The Price per Share of Althea Group Holdings Ltd is A$0.022. 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 Althea Group Holdings Ltd.
  • 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 Althea Group Holdings Ltd, 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$0.07. Based on the TTM, the Book Value Change Per Share is A$-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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 Althea Group Holdings Ltd.

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-0.02-102.2%-0.02-102.2%-0.02-90.3%-0.02-95.9%-0.02-81.7%
Usd Book Value Change Per Share-0.02-87.0%-0.02-87.0%0.00-9.3%0.0139.7%0.0137.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.02-87.0%-0.02-87.0%0.00-9.2%0.0139.7%0.0137.0%
Usd Price Per Share0.03-0.03-0.04-0.23-0.19-
Price to Earnings Ratio-1.27--1.27--1.97--13.49--11.24-
Price-to-Total Gains Ratio-1.49--1.49--19.29--4.62--4.62-
Price to Book Ratio0.59-0.59-0.58-6.18-5.15-
Price-to-Total Gains Ratio-1.49--1.49--19.29--4.62--4.62-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0146146
Number of shares68424
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.020.01
Usd Total Gains Per Share-0.020.01
Gains per Quarter (68424 shares)-1,309.91597.75
Gains per Year (68424 shares)-5,239.642,391.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-5240-5250223892381
20-10479-10490347794772
30-15719-15730571687163
40-20959-20970795579554
50-26198-2621091194711945
60-31438-31450101433614336
70-36678-36690121672516727
80-41917-41930141911519118
90-47157-47170152150421509
100-52396-52410172389323900

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%0.06.00.00.0%0.06.00.00.0%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%3.03.00.050.0%3.03.00.050.0%
Dividend per Share0.00.01.00.0%2.00.01.066.7%2.00.03.040.0%2.00.04.033.3%2.00.04.033.3%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%3.03.00.050.0%3.03.00.050.0%

Fundamentals of Althea Group Holdings Ltd

About Althea Group Holdings Ltd

Althea Group Holdings Limited manufactures, distributes, and sells cannabis-based medicines and recreational cannabis products in Australia, the United Kingdom, Canada, Germany, and Ireland. It also offers a range of education, access, and management services to support eligible patients and healthcare professionals in navigating medicinal cannabis treatment pathways. In addition, the company provides formulation and manufacturing of recreational cannabis products, such as beverages, edibles, concentrates, and topicals; and owns and operates a private medical cannabis clinic network under the MyAccess Clinics name. Althea Group Holdings Limited was founded in 2016 and is based in Melbourne, Australia.

Fundamental data was last updated by Penke on 2024-06-16 12:44:05.

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 just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is 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 Althea Group Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Althea Group Holdings Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare¬†Althea Group Holdings Ltd to the¬†Drug Manufacturers - Specialty & Generic industry mean.
  • A Net Profit Margin of -55.3%¬†means that¬†$-0.55 for each $1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Althea Group Holdings Ltd:

  • The MRQ is -55.3%. The company is making a huge loss. -2
  • The TTM is -55.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-55.3%TTM-55.3%0.0%
TTM-55.3%YOY-60.4%+5.1%
TTM-55.3%5Y-335.9%+280.6%
5Y-335.9%10Y-3,189.7%+2,853.8%
1.1.2. Return on Assets

Shows how efficient Althea Group Holdings Ltd is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Althea Group Holdings Ltd to the¬†Drug Manufacturers - Specialty & Generic industry mean.
  • -28.4% Return on Assets means that¬†Althea Group Holdings Ltd generated¬†$-0.28 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Althea Group Holdings Ltd:

  • The MRQ is -28.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -28.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-28.4%TTM-28.4%0.0%
TTM-28.4%YOY-21.4%-7.0%
TTM-28.4%5Y-30.7%+2.3%
5Y-30.7%10Y-35.0%+4.3%
1.1.3. Return on Equity

Shows how efficient Althea Group Holdings Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Althea Group Holdings Ltd to the¬†Drug Manufacturers - Specialty & Generic industry mean.
  • -46.1% Return on Equity means Althea Group Holdings Ltd generated $-0.46¬†for each¬†$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Althea Group Holdings Ltd:

  • The MRQ is -46.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -46.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-46.1%TTM-46.1%0.0%
TTM-46.1%YOY-29.2%-16.9%
TTM-46.1%5Y-38.7%-7.4%
5Y-38.7%10Y-42.2%+3.5%

1.2. Operating Efficiency of Althea Group Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Althea Group Holdings Ltd is operating .

  • Measures how much profit Althea Group Holdings Ltd 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¬†Althea Group Holdings Ltd to the¬†Drug Manufacturers - Specialty & Generic industry mean.
  • An Operating Margin of -50.2%¬†means the company generated $-0.50 ¬†for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Althea Group Holdings Ltd:

  • The MRQ is -50.2%. The company is operating very inefficient. -2
  • The TTM is -50.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-50.2%TTM-50.2%0.0%
TTM-50.2%YOY-63.6%+13.4%
TTM-50.2%5Y-324.9%+274.7%
5Y-324.9%10Y-2,597.9%+2,273.0%
1.2.2. Operating Ratio

Measures how efficient Althea Group Holdings Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Drug Manufacturers - Specialty & Generic industry mean).
  • An Operation Ratio of 1.50 means that the operating costs are $1.50 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Althea Group Holdings Ltd:

  • The MRQ is 1.502. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.502. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.502TTM1.5020.000
TTM1.502YOY1.636-0.134
TTM1.5025Y4.198-2.696
5Y4.19810Y31.635-27.438

1.3. Liquidity of Althea Group Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Althea Group Holdings Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Drug Manufacturers - Specialty & Generic industry mean).
  • A Current Ratio of 0.93¬†means the company has $0.93 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Althea Group Holdings Ltd:

  • The MRQ is 0.929. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.929. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.929TTM0.9290.000
TTM0.929YOY1.819-0.890
TTM0.9295Y4.508-3.579
5Y4.50810Y7.119-2.611
1.3.2. Quick Ratio

Measures if Althea Group Holdings Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Althea Group Holdings Ltd to the¬†Drug Manufacturers - Specialty & Generic industry mean.
  • A Quick Ratio of 0.47¬†means the company can pay off $0.47 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Althea Group Holdings Ltd:

  • The MRQ is 0.473. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.473. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.473TTM0.4730.000
TTM0.473YOY1.280-0.807
TTM0.4735Y5.417-4.944
5Y5.41710Y7.129-1.712

1.4. Solvency of Althea Group Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Althea Group Holdings Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Althea Group Holdings Ltd to Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Asset Ratio of 0.38¬†means that Althea Group Holdings Ltd assets are¬†financed with 38.4% credit (debt) and the remaining percentage (100% - 38.4%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Althea Group Holdings Ltd:

  • The MRQ is 0.384. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.384. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.384TTM0.3840.000
TTM0.384YOY0.267+0.117
TTM0.3845Y0.209+0.175
5Y0.20910Y0.183+0.027
1.4.2. Debt to Equity Ratio

Measures if Althea Group Holdings Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Althea Group Holdings Ltd to the¬†Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Equity ratio of 62.4% means that company has $0.62 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Althea Group Holdings Ltd:

  • The MRQ is 0.624. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.624. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.624TTM0.6240.000
TTM0.624YOY0.365+0.259
TTM0.6245Y0.292+0.332
5Y0.29210Y0.252+0.040

2. Market Valuation of Althea Group Holdings 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 Althea Group Holdings Ltd generates.

  • Above 15 is considered overpriced but¬†always compare¬†Althea Group Holdings Ltd to the¬†Drug Manufacturers - Specialty & Generic industry mean.
  • A PE ratio of -1.27 means the investor is paying $-1.27¬†for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Althea Group Holdings Ltd:

  • The EOD is -0.650. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.270. Based on the earnings, the company is expensive. -2
  • The TTM is -1.270. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.650MRQ-1.270+0.620
MRQ-1.270TTM-1.2700.000
TTM-1.270YOY-1.972+0.703
TTM-1.2705Y-13.487+12.217
5Y-13.48710Y-11.239-2.248
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.146. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.240. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.240. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.146MRQ-2.240+1.094
MRQ-2.240TTM-2.2400.000
TTM-2.240YOY-2.383+0.143
TTM-2.2405Y-14.050+11.810
5Y-14.05010Y-11.708-2.342
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Althea Group Holdings Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A PB ratio of 0.59 means the investor is paying $0.59¬†for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Althea Group Holdings Ltd:

  • The EOD is 0.300. Based on the equity, the company is cheap. +2
  • The MRQ is 0.585. Based on the equity, the company is cheap. +2
  • The TTM is 0.585. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.300MRQ0.585-0.286
MRQ0.585TTM0.5850.000
TTM0.585YOY0.577+0.009
TTM0.5855Y6.176-5.590
5Y6.17610Y5.146+1.029
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Althea Group Holdings 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---0.029-0.0290%-0.003-89%0.013-319%0.012-335%
Book Value Per Share--0.0730.0730%0.102-28%0.087-16%0.074-1%
Current Ratio--0.9290.9290%1.819-49%4.508-79%7.119-87%
Debt To Asset Ratio--0.3840.3840%0.267+44%0.209+84%0.183+110%
Debt To Equity Ratio--0.6240.6240%0.365+71%0.292+114%0.252+148%
Dividend Per Share----0%0.000-100%0.000-100%0.000-100%
Eps---0.034-0.0340%-0.030-12%-0.032-6%-0.027-20%
Free Cash Flow Per Share---0.019-0.0190%-0.025+29%-0.032+66%-0.027+43%
Free Cash Flow To Equity Per Share---0.005-0.0050%0.000-93%0.002-361%0.003-304%
Gross Profit Margin--1.2911.2910%1.253+3%1.259+3%1.2940%
Intrinsic Value_10Y_max--0.454--------
Intrinsic Value_10Y_min---0.340--------
Intrinsic Value_1Y_max---0.010--------
Intrinsic Value_1Y_min---0.033--------
Intrinsic Value_3Y_max--0.012--------
Intrinsic Value_3Y_min---0.100--------
Intrinsic Value_5Y_max--0.085--------
Intrinsic Value_5Y_min---0.169--------
Market Cap8917304.000-95%17429276.00017429276.0000%23914588.000-27%140812336.800-88%117343614.000-85%
Net Profit Margin---0.553-0.5530%-0.604+9%-3.359+508%-31.897+5669%
Operating Margin---0.502-0.5020%-0.636+27%-3.249+547%-25.979+5075%
Operating Ratio--1.5021.5020%1.636-8%4.198-64%31.635-95%
Pb Ratio0.300-95%0.5850.5850%0.577+1%6.176-91%5.146-89%
Pe Ratio-0.650+49%-1.270-1.2700%-1.972+55%-13.487+962%-11.239+785%
Price Per Share0.022-95%0.0430.0430%0.059-27%0.347-88%0.290-85%
Price To Free Cash Flow Ratio-1.146+49%-2.240-2.2400%-2.383+6%-14.050+527%-11.708+423%
Price To Total Gains Ratio-0.763+49%-1.492-1.4920%-19.286+1193%-4.624+210%-4.624+210%
Quick Ratio--0.4730.4730%1.280-63%5.417-91%7.129-93%
Return On Assets---0.284-0.2840%-0.214-25%-0.307+8%-0.350+23%
Return On Equity---0.461-0.4610%-0.292-37%-0.387-16%-0.422-8%
Total Gains Per Share---0.029-0.0290%-0.003-89%0.013-319%0.012-335%
Usd Book Value--19775546.70019775546.7000%27535235.000-28%23528044.540-16%19953901.839-1%
Usd Book Value Change Per Share---0.019-0.0190%-0.002-89%0.009-319%0.008-335%
Usd Book Value Per Share--0.0490.0490%0.068-28%0.058-16%0.049-1%
Usd Dividend Per Share----0%0.000-100%0.000-100%0.000-100%
Usd Eps---0.022-0.0220%-0.020-12%-0.021-6%-0.018-20%
Usd Free Cash Flow---5168918.300-5168918.3000%-6666914.800+29%-8584350.320+66%-7375021.510+43%
Usd Free Cash Flow Per Share---0.013-0.0130%-0.016+29%-0.021+66%-0.018+43%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%0.000-93%0.001-361%0.002-304%
Usd Market Cap5923765.047-95%11578268.04711578268.0470%15886460.808-27%93541635.336-88%77951362.780-85%
Usd Price Per Share0.015-95%0.0290.0290%0.039-27%0.231-88%0.192-85%
Usd Profit---9117517.500-9117517.5000%-8053973.200-12%-8547946.680-6%-7330504.553-20%
Usd Revenue--16490583.20016490583.2000%13336486.800+24%8198923.460+101%6833623.099+141%
Usd Total Gains Per Share---0.019-0.0190%-0.002-89%0.009-319%0.008-335%
 EOD+3 -5MRQTTM+0 -0YOY+10 -265Y+12 -2410Y+11 -25

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.650
Price to Book Ratio (EOD)Between0-10.300
Net Profit Margin (MRQ)Greater than0-0.553
Operating Margin (MRQ)Greater than0-0.502
Quick Ratio (MRQ)Greater than10.473
Current Ratio (MRQ)Greater than10.929
Debt to Asset Ratio (MRQ)Less than10.384
Debt to Equity Ratio (MRQ)Less than10.624
Return on Equity (MRQ)Greater than0.15-0.461
Return on Assets (MRQ)Greater than0.05-0.284
Total3/10 (30.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.698
Ma 20Greater thanMa 500.025
Ma 50Greater thanMa 1000.027
Ma 100Greater thanMa 2000.031
OpenGreater thanClose0.022
Total0/5 (0.0%)



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
Net Debt  -14,9187,496-7,4225,083-2,3391,271-1,0682,046978
Net Working Capital  14,992-3,12211,870-3,7448,126-1248,002-9,205-1,203



Latest Balance Sheet

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

Summary
Total Assets48,340
Total Liabilities18,571
Total Stockholder Equity29,769
 As reported
Total Liabilities 18,571
Total Stockholder Equity+ 29,769
Total Assets = 48,340

Assets

Total Assets48,340
Total Current Assets15,717
Long-term Assets32,623
Total Current Assets
Cash And Cash Equivalents 3,874
Net Receivables 4,129
Inventory 6,201
Other Current Assets 1,513
Total Current Assets  (as reported)15,717
Total Current Assets  (calculated)15,717
+/- 0
Long-term Assets
Property Plant Equipment 13,567
Goodwill 17,737
Long Term Investments 416
Intangible Assets 18,640
Other Assets 416
Long-term Assets  (as reported)32,623
Long-term Assets  (calculated)50,776
+/- 18,153

Liabilities & Shareholders' Equity

Total Current Liabilities16,920
Long-term Liabilities1,651
Total Stockholder Equity29,769
Total Current Liabilities
Short-term Debt 4,065
Short Long Term Debt 3,879
Accounts payable 7,499
Other Current Liabilities 5,356
Total Current Liabilities  (as reported)16,920
Total Current Liabilities  (calculated)20,799
+/- 3,879
Long-term Liabilities
Long term Debt Total 787
Other Liabilities 864
Long-term Liabilities  (as reported)1,651
Long-term Liabilities  (calculated)1,651
+/- 0
Total Stockholder Equity
Common Stock85,340
Retained Earnings -56,751
Accumulated Other Comprehensive Income 1,180
Total Stockholder Equity (as reported)29,769
Total Stockholder Equity (calculated)29,769
+/-0
Other
Capital Stock85,340
Cash and Short Term Investments 3,874
Common Stock Shares Outstanding 351,050
Current Deferred Revenue3,680
Liabilities and Stockholders Equity 48,340
Net Debt 978
Net Invested Capital 33,648
Net Tangible Assets 11,129
Net Working Capital -1,203
Property Plant and Equipment Gross 18,498
Short Long Term Debt Total 4,852



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-30
> Total Assets 
3,299
18,280
52,381
53,912
56,565
48,340
48,34056,56553,91252,38118,2803,299
   > Total Current Assets 
3,299
16,220
15,380
14,884
17,776
15,717
15,71717,77614,88415,38016,2203,299
       Cash And Cash Equivalents 
2,300
14,918
10,143
6,388
6,205
3,874
3,8746,2056,38810,14314,9182,300
       Short-term Investments 
200
10,000
0
0
0
0
000010,000200
       Net Receivables 
66
505
1,388
2,683
6,305
4,129
4,1296,3052,6831,38850566
       Other Current Assets 
848
167
1,618
600
1,447
1,513
1,5131,4476001,618167848
   > Long-term Assets 
0
2,060
37,001
39,028
38,789
32,623
32,62338,78939,02837,0012,0600
       Property Plant Equipment 
0
1,058
16,791
18,743
19,150
13,567
13,56719,15018,74316,7911,0580
       Goodwill 
0
19,632
17,737
17,737
17,737
17,737
17,73717,73717,73717,73719,6320
       Long Term Investments 
0
237
285
349
326
416
4163263492852370
       Intangible Assets 
0
765
19,925
19,936
19,313
18,640
18,64019,31319,93619,9257650
       Other Assets 
0
237
285
349
326
416
4163263492852370
> Total Liabilities 
164
1,228
6,259
11,216
15,115
18,571
18,57115,11511,2166,2591,228164
   > Total Current Liabilities 
164
1,228
3,510
6,758
9,774
16,920
16,9209,7746,7583,5101,228164
       Short-term Debt 
0
178
178
54
141
4,065
4,065141541781780
       Short Long Term Debt 
0
0
0
0
0
3,879
3,87900000
       Accounts payable 
36
806
1,742
3,225
5,410
7,499
7,4995,4103,2251,74280636
       Other Current Liabilities 
127
422
1,590
3,479
4,223
5,356
5,3564,2233,4791,590422127
   > Long-term Liabilities 
0
2,749
2,749
4,458
5,341
1,651
1,6515,3414,4582,7492,7490
       Long term Debt Total 
0
0
2,543
3,995
4,996
787
7874,9963,9952,54300
       Other Liabilities 
0
0
206
463
345
864
86434546320600
> Total Stockholder Equity
3,136
17,052
46,122
42,696
41,450
29,769
29,76941,45042,69646,12217,0523,136
   Common Stock
5,008
25,732
54,403
68,046
82,044
85,340
85,34082,04468,04654,40325,7325,008
   Retained Earnings -56,751-43,477-40,120-25,314-10,546-1,872
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
0
1,869
-29,089
-27,926
-38,567
-28,589
-28,589-38,567-27,926-29,0891,8690



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 (+$)
totalRevenue24,824
Cost of Revenue-28,108
Gross Profit-3,284-3,284
 
Operating Income (+$)
Gross Profit-3,284
Operating Expense-9,179
Operating Income-12,463-12,463
 
Operating Expense (+$)
Research Development-
Selling General Administrative6,309
Selling And Marketing Expenses4,000
Operating Expense9,17910,309
 
Net Interest Income (+$)
Interest Income808
Interest Expense-808
Other Finance Cost-772
Net Interest Income-772
 
Pretax Income (+$)
Operating Income-12,463
Net Interest Income-772
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-13,725-11,201
EBIT - interestExpense = -13,271
-12,480
-12,917
Interest Expense808
Earnings Before Interest and Taxes (EBIT)-12,463-12,917
Earnings Before Interest and Taxes (EBITDA)-9,780
 
After tax Income (+$)
Income Before Tax-13,725
Tax Provision-0
Net Income From Continuing Ops-13,725-13,725
Net Income-13,725
Net Income Applicable To Common Shares-13,725
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses37,287
Total Other Income/Expenses Net-1,262772
 

Technical Analysis of Althea Group Holdings Ltd
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 Althea Group Holdings Ltd. The general trend of Althea Group Holdings Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Althea Group Holdings Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Althea Group Holdings Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.024 < 0.03 < 0.03.

The bearish price targets are: .

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Althea Group Holdings 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 Althea Group Holdings Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-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 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

Althea Group Holdings 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 Althea Group Holdings Ltd. The current macd is -0.00162743.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Althea Group Holdings Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Althea Group Holdings Ltd. 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 Althea Group Holdings Ltd 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
Althea Group Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAlthea Group Holdings 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 Althea Group Holdings Ltd. The current adx is 13.60.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Althea Group Holdings Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Althea Group Holdings 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 Althea Group Holdings Ltd. The current sar is 0.02778665.

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
Althea Group Holdings 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 Althea Group Holdings Ltd. The current rsi is 40.70. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Althea Group Holdings Ltd Daily Relative Strength Index (RSI) ChartAlthea Group Holdings 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 Althea Group Holdings Ltd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Althea Group Holdings Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Althea Group Holdings Ltd Daily Stochastic Oscillator ChartAlthea Group Holdings 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 Althea Group Holdings Ltd. The current cci is -65.26315789.

Althea Group Holdings Ltd Daily Commodity Channel Index (CCI) ChartAlthea Group Holdings 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 Althea Group Holdings Ltd. The current cmo is -18.8168897.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Althea Group Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartAlthea Group Holdings 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 Althea Group Holdings Ltd. The current willr is -82.35294118.

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

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

Althea Group Holdings 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 Althea Group Holdings Ltd. The current atr is 0.00220031.

Althea Group Holdings Ltd Daily Average True Range (ATR) ChartAlthea Group Holdings 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 Althea Group Holdings Ltd. The current obv is -28,317,930.

Althea Group Holdings Ltd Daily On-Balance Volume (OBV) ChartAlthea Group Holdings 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 Althea Group Holdings Ltd. The current mfi is 37.57.

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
Althea Group Holdings Ltd Daily Money Flow Index (MFI) ChartAlthea Group Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Althea Group Holdings 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
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16MACD 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).
2024-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27DMI 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.
2024-03-01STOCH 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).
2024-03-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH 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).
2024-03-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08STOCH 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).
2024-04-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-15MACD 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).
2024-04-17STOCH 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
2024-04-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-24MACD 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-07STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-10STOCH 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).
2024-05-13MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-15STOCH 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).
2024-05-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-24DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-27STOCH 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).
2024-05-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-30STOCH 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).
2024-06-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-06-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-12STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-19DMI 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.
2024-06-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Althea Group Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.698
Ma 20Greater thanMa 500.025
Ma 50Greater thanMa 1000.027
Ma 100Greater thanMa 2000.031
OpenGreater thanClose0.022
Total0/5 (0.0%)
Penke

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