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Adamjee Insurance Company Ltd
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Let's analyse Adamjee Insurance Company Ltd together

PenkeI guess you are interested in Adamjee Insurance Company 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 Adamjee Insurance Company 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 Adamjee Insurance Company Ltd (30 sec.)










What can you expect buying and holding a share of Adamjee Insurance Company Ltd? (30 sec.)

How much money do you get?

How much money do you get?
₨0.01
When do you have the money?
1 year
How often do you get paid?
93.8%

What is your share worth?

Current worth
₨82.87
Expected worth in 1 year
₨91.76
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
₨12.60
Return On Investment
36.6%

For what price can you sell your share?

Current Price per Share
₨34.44
Expected price per share
₨33.87 - ₨37.00
How sure are you?
50%

1. Valuation of Adamjee Insurance Company Ltd (5 min.)




Live pricePrice per Share (EOD)

₨34.44

Intrinsic Value Per Share

₨-136.54 - ₨-169.63

Total Value Per Share

₨-53.67 - ₨-86.76

2. Growth of Adamjee Insurance Company Ltd (5 min.)




Is Adamjee Insurance Company Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$104.4m$93.6m$5.4m5.5%

How much money is Adamjee Insurance Company Ltd making?

Current yearPrevious yearGrowGrow %
Making money$2.8m$1.6m$1.1m41.6%
Net Profit Margin5.4%4.1%--

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

3. Financial Health of Adamjee Insurance Company Ltd (5 min.)




What can you expect buying and holding a share of Adamjee Insurance Company Ltd? (5 min.)

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

What can you expect buying and holding a share of Adamjee Insurance Company Ltd?

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

Speculation

The Price per Share of Adamjee Insurance Company Ltd is ₨34.44. 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 Adamjee Insurance Company 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 Adamjee Insurance Company 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 ₨82.87. Based on the TTM, the Book Value Change Per Share is ₨2.22 per quarter. Based on the YOY, the Book Value Change Per Share is ₨2.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₨0.93 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Adamjee Insurance Company Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.010.0%0.010.0%0.000.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.010.0%0.010.0%0.010.0%0.020.1%0.020.1%
Usd Dividend Per Share0.010.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.1%0.010.0%0.010.0%0.020.1%0.020.1%
Usd Price Per Share0.10-0.10-0.12-0.12-0.12-
Price to Earnings Ratio2.07-3.53-8.14-4.66-4.66-
Price-to-Total Gains Ratio5.09--3.38-2.84-3.74-3.74-
Price to Book Ratio0.34-0.34-0.46-0.42-0.42-
Price-to-Total Gains Ratio5.09--3.38-2.84-3.74-3.74-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.123984
Number of shares8065
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.02
Usd Total Gains Per Share0.010.02
Gains per Quarter (8065 shares)91.42174.11
Gains per Year (8065 shares)365.69696.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110825835695602686
221551672219012031382
3323774108828518052078
44301032145438024062774
55381290182047530083470
66461548218657036094166
77531807255266442114862
88612065291875948125558
99682323328485454146254
1010762581365094960156950

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 Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%11.05.00.068.8%11.05.00.068.8%11.05.00.068.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%15.00.01.093.8%15.00.01.093.8%15.00.01.093.8%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%12.04.00.075.0%12.04.00.075.0%12.04.00.075.0%

Fundamentals of Adamjee Insurance Company Ltd

About Adamjee Insurance Company Ltd

Financial Health

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

Valuation

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

1.1. Profitability of Adamjee Insurance Company Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Adamjee Insurance Company Ltd earns for each ₨1 of revenue.

  • Above 10% is considered healthy but always compare Adamjee Insurance Company Ltd to the Insurance industry mean.
  • A Net Profit Margin of 7.2% means that ₨0.07 for each ₨1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Adamjee Insurance Company Ltd:

  • The MRQ is 7.2%. The company is making a profit. +1
  • The TTM is 5.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM5.4%+1.9%
TTM5.4%YOY4.1%+1.3%
TTM5.4%5Y5.7%-0.4%
5Y5.7%10Y5.7%0.0%
1.1.2. Return on Assets

Shows how efficient Adamjee Insurance Company Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Adamjee Insurance Company Ltd to the Insurance industry mean.
  • 0.7% Return on Assets means that Adamjee Insurance Company Ltd generated ₨0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Adamjee Insurance Company Ltd:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.5%+0.2%
TTM0.5%YOY0.4%+0.2%
TTM0.5%5Y0.5%0.0%
5Y0.5%10Y0.5%0.0%
1.1.3. Return on Equity

Shows how efficient Adamjee Insurance Company Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Adamjee Insurance Company Ltd to the Insurance industry mean.
  • 4.2% Return on Equity means Adamjee Insurance Company Ltd generated ₨0.04 for each ₨1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Adamjee Insurance Company Ltd:

  • The MRQ is 4.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.2%TTM2.9%+1.3%
TTM2.9%YOY1.8%+1.1%
TTM2.9%5Y2.6%+0.3%
5Y2.6%10Y2.6%0.0%

1.2. Operating Efficiency of Adamjee Insurance Company Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Adamjee Insurance Company Ltd is operating .

  • Measures how much profit Adamjee Insurance Company 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 Adamjee Insurance Company Ltd to the Insurance industry mean.
  • An Operating Margin of 0.0% means the company generated ₨0.00  for each ₨1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Adamjee Insurance Company Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Adamjee Insurance Company Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance industry mean).
  • An Operation Ratio of 0.87 means that the operating costs are ₨0.87 for each ₨1 in net sales.

Let's take a look of the Operating Ratio trends of Adamjee Insurance Company Ltd:

  • The MRQ is 0.872. The company is less efficient in keeping operating costs low.
  • The TTM is 0.924. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.872TTM0.924-0.052
TTM0.924YOY0.915+0.009
TTM0.9245Y0.915+0.008
5Y0.91510Y0.9150.000

1.3. Liquidity of Adamjee Insurance Company Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Adamjee Insurance Company Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance industry mean).
  • A Current Ratio of 0.00 means the company has ₨0.00 in assets for each ₨1 in short-term debts.

Let's take a look of the Current Ratio trends of Adamjee Insurance Company Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
1.3.2. Quick Ratio

Measures if Adamjee Insurance Company Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Adamjee Insurance Company Ltd to the Insurance industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ₨0.00 for each ₨1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Adamjee Insurance Company Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.4. Solvency of Adamjee Insurance Company Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Adamjee Insurance Company Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Adamjee Insurance Company Ltd to Insurance industry mean.
  • A Debt to Asset Ratio of 0.83 means that Adamjee Insurance Company Ltd assets are financed with 82.8% credit (debt) and the remaining percentage (100% - 82.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Adamjee Insurance Company Ltd:

  • The MRQ is 0.828. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.819. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.828TTM0.819+0.009
TTM0.819YOY0.796+0.023
TTM0.8195Y0.787+0.032
5Y0.78710Y0.7870.000
1.4.2. Debt to Equity Ratio

Measures if Adamjee Insurance Company Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Adamjee Insurance Company Ltd to the Insurance industry mean.
  • A Debt to Equity ratio of 489.5% means that company has ₨4.89 debt for each ₨1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Adamjee Insurance Company Ltd:

  • The MRQ is 4.895. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.596. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.895TTM4.596+0.299
TTM4.596YOY3.963+0.633
TTM4.5965Y3.783+0.813
5Y3.78310Y3.7830.000

2. Market Valuation of Adamjee Insurance Company 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 Adamjee Insurance Company Ltd generates.

  • Above 15 is considered overpriced but always compare Adamjee Insurance Company Ltd to the Insurance industry mean.
  • A PE ratio of 2.07 means the investor is paying ₨2.07 for every ₨1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Adamjee Insurance Company Ltd:

  • The EOD is 2.492. Based on the earnings, the company is cheap. +2
  • The MRQ is 2.068. Based on the earnings, the company is cheap. +2
  • The TTM is 3.526. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.492MRQ2.068+0.424
MRQ2.068TTM3.526-1.458
TTM3.526YOY8.140-4.613
TTM3.5265Y4.658-1.131
5Y4.65810Y4.6580.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 13.532. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.230. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -1.248. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD13.532MRQ11.230+2.303
MRQ11.230TTM-1.248+12.477
TTM-1.248YOY-1.755+0.507
TTM-1.2485Y0.503-1.751
5Y0.50310Y0.5030.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Adamjee Insurance Company Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance industry mean).
  • A PB ratio of 0.34 means the investor is paying ₨0.34 for each ₨1 in book value.

Let's take a look of the Price to Book Ratio trends of Adamjee Insurance Company Ltd:

  • The EOD is 0.416. Based on the equity, the company is cheap. +2
  • The MRQ is 0.345. Based on the equity, the company is cheap. +2
  • The TTM is 0.337. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.416MRQ0.345+0.071
MRQ0.345TTM0.337+0.008
TTM0.337YOY0.455-0.118
TTM0.3375Y0.417-0.080
5Y0.41710Y0.4170.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Adamjee Insurance Company 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--3.4272.222+54%2.143+60%5.179-34%5.179-34%
Book Value Per Share--82.87078.689+5%74.337+11%58.430+42%58.430+42%
Current Ratio----0%-0%-0%-0%
Debt To Asset Ratio--0.8280.819+1%0.796+4%0.787+5%0.787+5%
Debt To Equity Ratio--4.8954.596+7%3.963+24%3.783+29%3.783+29%
Dividend Per Share--2.1920.927+137%1.109+98%0.817+168%0.817+168%
Eps--3.4552.243+54%1.310+164%1.556+122%1.556+122%
Free Cash Flow Per Share--0.636-1.331+309%3.911-84%2.976-79%2.976-79%
Free Cash Flow To Equity Per Share--0.636-1.331+309%3.911-84%2.976-79%2.976-79%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---169.633--------
Intrinsic Value_10Y_min---136.540--------
Intrinsic Value_1Y_max--7.492--------
Intrinsic Value_1Y_min--7.374--------
Intrinsic Value_3Y_max--3.846--------
Intrinsic Value_3Y_min--4.049--------
Intrinsic Value_5Y_max---22.301--------
Intrinsic Value_5Y_min---19.093--------
Market Cap--10003000000.0009261000000.000+8%11835250000.000-15%9916236842.105+1%9916236842.105+1%
Net Profit Margin--0.0720.054+35%0.041+77%0.057+27%0.057+27%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.8720.924-6%0.915-5%0.915-5%0.915-5%
Pb Ratio0.416+17%0.3450.337+2%0.455-24%0.417-17%0.417-17%
Pe Ratio2.492+17%2.0683.526-41%8.140-75%4.658-56%4.658-56%
Price Per Share34.440+17%28.58026.460+8%33.815-15%33.761-15%33.761-15%
Price To Free Cash Flow Ratio13.532+17%11.230-1.248+111%-1.755+116%0.503+2132%0.503+2132%
Price To Total Gains Ratio6.129+17%5.086-3.377+166%2.843+79%3.739+36%3.739+36%
Quick Ratio----0%-0%-0%-0%
Return On Assets--0.0070.005+39%0.004+100%0.005+32%0.005+32%
Return On Equity--0.0420.029+46%0.018+138%0.026+65%0.026+65%
Total Gains Per Share--5.6193.149+78%3.252+73%5.997-6%5.997-6%
Usd Book Value--104416196.40099148635.900+5%93664245.600+11%84871791.474+23%84871791.474+23%
Usd Book Value Change Per Share--0.0120.008+54%0.008+60%0.019-34%0.019-34%
Usd Book Value Per Share--0.2980.283+5%0.268+11%0.210+42%0.210+42%
Usd Dividend Per Share--0.0080.003+137%0.004+98%0.003+168%0.003+168%
Usd Eps--0.0120.008+54%0.005+164%0.006+122%0.006+122%
Usd Free Cash Flow--801687.600-1676737.800+309%4927434.300-84%3246835.074-75%3246835.074-75%
Usd Free Cash Flow Per Share--0.002-0.005+309%0.014-84%0.011-79%0.011-79%
Usd Free Cash Flow To Equity Per Share--0.002-0.005+309%0.014-84%0.011-79%0.011-79%
Usd Market Cap--36010800.00033339600.000+8%42606900.000-15%35698452.632+1%35698452.632+1%
Usd Price Per Share0.124+17%0.1030.095+8%0.122-15%0.122-15%0.122-15%
Usd Profit--4352947.2002825802.900+54%1651155.300+164%2165489.053+101%2165489.053+101%
Usd Revenue--60164002.80051990383.700+16%38767771.800+55%37625962.547+60%37625962.547+60%
Usd Total Gains Per Share--0.0200.011+78%0.012+73%0.022-6%0.022-6%
 EOD+2 -4MRQTTM+27 -5YOY+21 -115Y+19 -1310Y+19 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.492
Price to Book Ratio (EOD)Between0-10.416
Net Profit Margin (MRQ)Greater than00.072
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.828
Debt to Equity Ratio (MRQ)Less than14.895
Return on Equity (MRQ)Greater than0.150.042
Return on Assets (MRQ)Greater than0.050.007
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.316
Ma 20Greater thanMa 5035.981
Ma 50Greater thanMa 10036.251
Ma 100Greater thanMa 20035.853
OpenGreater thanClose34.650
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in PKR. All numbers in thousands.

Summary
Total Assets168,919,609
Total Liabilities139,915,110
Total Stockholder Equity28,584,495
 As reported
Total Liabilities 139,915,110
Total Stockholder Equity+ 28,584,495
Total Assets = 168,919,609

Assets

Total Assets168,919,609
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 10,792,145
Short-term Investments 21,258,657
Net Receivables 11,741,785
Total Current Assets  (as reported)0
Total Current Assets  (calculated)43,792,587
+/- 43,792,587
Long-term Assets
Property Plant Equipment 5,419,363
Long Term Investments 89,760,648
Intangible Assets 132,923
Long-term Assets  (as reported)0
Long-term Assets  (calculated)95,312,934
+/- 95,312,934

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity28,584,495
Total Current Liabilities
Accounts payable 9,305,623
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)9,305,623
+/- 9,305,623
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 19,263,095
Total Stockholder Equity (as reported)28,584,495
Total Stockholder Equity (calculated)19,263,095
+/- 9,321,400
Other
Capital Stock3,500,000
Common Stock Shares Outstanding 350,000
Net Invested Capital 28,584,495
Property Plant and Equipment Gross 5,419,363



Balance Sheet

Currency in PKR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
84,770,950
82,816,563
82,967,479
89,005,070
81,601,704
89,392,047
95,997,472
99,061,994
101,289,575
107,856,982
116,278,938
120,343,210
128,011,829
126,020,569
137,855,092
139,683,065
147,012,079
154,045,035
168,919,609
168,919,609154,045,035147,012,079139,683,065137,855,092126,020,569128,011,829120,343,210116,278,938107,856,982101,289,57599,061,99495,997,47289,392,04781,601,70489,005,07082,967,47982,816,56384,770,950
   > Total Current Assets 0000000000000000000
       Cash And Cash Equivalents 
2,577,538
8,622,181
6,830,602
17,731,244
7,268,758
10,170,051
10,581,199
18,789,096
23,143,125
31,347,077
12,233,512
19,047,555
16,622,875
13,407,263
9,051,983
7,283,157
9,070,410
7,690,960
10,792,145
10,792,1457,690,9609,070,4107,283,1579,051,98313,407,26316,622,87519,047,55512,233,51231,347,07723,143,12518,789,09610,581,19910,170,0517,268,75817,731,2446,830,6028,622,1812,577,538
       Short-term Investments 
19,981,530
17,765,206
17,070,545
19,518,010
15,700,790
17,304,446
18,692,958
20,004,141
19,882,348
19,779,384
20,339,571
21,275,639
21,144,036
20,074,939
19,397,539
17,664,055
20,083,701
20,472,314
21,258,657
21,258,65720,472,31420,083,70117,664,05519,397,53920,074,93921,144,03621,275,63920,339,57119,779,38419,882,34820,004,14118,692,95817,304,44615,700,79019,518,01017,070,54517,765,20619,981,530
       Net Receivables 
7,770,123
8,243,527
7,804,997
5,865,967
5,342,458
6,852,442
6,462,709
4,991,328
4,871,816
6,530,105
8,633,210
7,311,312
7,073,188
7,654,318
10,878,385
8,586,697
7,921,967
9,926,116
11,741,785
11,741,7859,926,1167,921,9678,586,69710,878,3857,654,3187,073,1887,311,3128,633,2106,530,1054,871,8164,991,3286,462,7096,852,4425,342,4585,865,9677,804,9978,243,5277,770,123
   > Long-term Assets 0000000000000000000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,513,346
5,460,290
5,448,628
5,420,314
5,419,363
5,419,3635,420,3145,448,6285,460,2905,513,34600000000000000
       Long Term Investments 
39,300,886
34,379,769
34,469,120
40,802,029
40,326,267
44,529,101
49,860,327
50,153,915
49,147,041
48,769,653
52,216,764
63,633,378
54,897,593
55,243,454
74,605,084
76,528,507
81,090,154
85,369,774
89,760,648
89,760,64885,369,77481,090,15476,528,50774,605,08455,243,45454,897,59363,633,37852,216,76448,769,65349,147,04150,153,91549,860,32744,529,10140,326,26740,802,02934,469,12034,379,76939,300,886
       Intangible Assets 
149,438
143,796
132,775
131,236
123,567
117,553
105,057
127,381
120,103
128,535
122,070
123,465
114,136
109,275
103,377
131,802
142,718
142,169
132,923
132,923142,169142,718131,802103,377109,275114,136123,465122,070128,535120,103127,381105,057117,553123,567131,236132,775143,796149,438
> Total Liabilities 
63,869,808
63,419,569
63,892,816
67,000,182
62,599,417
69,248,671
74,918,209
76,424,232
77,904,034
84,678,209
93,385,707
94,722,641
101,157,871
100,317,071
111,961,733
114,071,319
119,268,063
126,240,145
139,915,110
139,915,110126,240,145119,268,063114,071,319111,961,733100,317,071101,157,87194,722,64193,385,70784,678,20977,904,03476,424,23274,918,20969,248,67162,599,41767,000,18263,892,81663,419,56963,869,808
   > Total Current Liabilities 0000000000000000000
       Accounts payable 
3,588,090
3,771,020
4,001,805
2,826,429
2,728,457
3,971,012
4,018,288
3,161,519
3,011,864
4,085,282
6,343,167
5,215,694
4,766,057
5,707,826
8,954,291
7,134,481
5,707,789
7,793,238
9,305,623
9,305,6237,793,2385,707,7897,134,4818,954,2915,707,8264,766,0575,215,6946,343,1674,085,2823,011,8643,161,5194,018,2883,971,0122,728,4572,826,4294,001,8053,771,0203,588,090
   > Long-term Liabilities 0000000000000000000
> Total Stockholder Equity
20,593,037
19,086,184
18,759,580
21,663,380
19,002,287
20,143,376
21,079,263
22,637,762
23,385,541
23,178,773
22,893,231
25,620,569
26,522,313
25,362,528
25,533,243
25,236,918
27,356,105
27,387,802
28,584,495
28,584,49527,387,80227,356,10525,236,91825,533,24325,362,52826,522,31325,620,56922,893,23123,178,77323,385,54122,637,76221,079,26320,143,37619,002,28721,663,38018,759,58019,086,18420,593,037
   Common Stock0000000000000000000
   Retained Earnings 
13,163,969
12,524,641
12,730,871
13,610,534
14,044,910
13,928,237
13,907,185
14,650,455
15,621,861
15,900,015
16,103,323
16,638,433
17,567,350
17,211,636
17,230,036
18,214,850
18,698,593
18,578,943
19,263,095
19,263,09518,578,94318,698,59318,214,85017,230,03617,211,63617,567,35016,638,43316,103,32315,900,01515,621,86114,650,45513,907,18513,928,23714,044,91013,610,53412,730,87112,524,64113,163,969
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 0000000000000000000



Balance Sheet

Currency in PKR. All numbers in thousands.




Cash Flow

Currency in PKR. All numbers in thousands.




Income Statement

Currency in PKR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue57,537,930
Cost of Revenue--
Gross Profit-57,537,930
 
Operating Income (+$)
Gross Profit-
Operating Expense-52,978,318
Operating Income--52,978,318
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,341,038
Selling And Marketing Expenses-
Operating Expense52,978,3182,341,038
 
Net Interest Income (+$)
Interest Income4,806,375
Interest Expense-7,086
Other Finance Cost-4,968,938
Net Interest Income-169,649
 
Pretax Income (+$)
Operating Income-
Net Interest Income-169,649
Other Non-Operating Income Expenses-
Income Before Tax (EBT)4,559,612-91,397
EBIT - interestExpense = -7,086
3,139,781
3,146,867
Interest Expense7,086
Earnings Before Interest and Taxes (EBIT)-4,566,698
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax4,559,612
Tax Provision-1,335,740
Net Income From Continuing Ops3,223,8723,223,872
Net Income3,139,781
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net91,397169,649
 

Technical Analysis of Adamjee Insurance Company 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 Adamjee Insurance Company Ltd. The general trend of Adamjee Insurance Company Ltd is BULLISH with 14.3% 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 Adamjee Insurance Company 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 (14.3%) Bearish trend (-14.3%)
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 Adamjee Insurance Company Ltd.

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

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

The bullish price targets are: 37.00 < 37.00 < 37.00.

The bearish price targets are: 33.99 > 33.99 > 33.87.

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Adamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Directionalities and relatives.

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

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

Adamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current macd is -0.36376343.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Adamjee Insurance Company 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 Adamjee Insurance Company 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 Adamjee Insurance Company 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Adamjee Insurance Company Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAdamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current adx is 14.37.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Adamjee Insurance Company Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Adamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current sar is 37.41.

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
Adamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current rsi is 35.32. The current phase is Correction in bull market.

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

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

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Adamjee Insurance Company Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Adamjee Insurance Company Ltd Daily Stochastic Oscillator ChartAdamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current cci is -191.56414763.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Adamjee Insurance Company Ltd Daily Commodity Channel Index (CCI) ChartAdamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current cmo is -43.02509693.

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
Adamjee Insurance Company Ltd Daily Chande Momentum Oscillator (CMO) ChartAdamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current willr is -77.81155015.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Adamjee Insurance Company Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Adamjee Insurance Company Ltd Daily Williams %R ChartAdamjee Insurance Company 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 Adamjee Insurance Company Ltd.

Adamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current atr is 0.90121.

Adamjee Insurance Company Ltd Daily Average True Range (ATR) ChartAdamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current obv is 14,292,000.

Adamjee Insurance Company Ltd Daily On-Balance Volume (OBV) ChartAdamjee Insurance Company 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 Adamjee Insurance Company Ltd. The current mfi is 6.72707356.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Adamjee Insurance Company Ltd Daily Money Flow Index (MFI) ChartAdamjee Insurance Company Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Adamjee Insurance Company 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
2023-11-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-01SAR 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).
2024-01-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07STOCH 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
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06STOCH 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22MACD 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-26DMI 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.
2024-03-27DMI 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.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Adamjee Insurance Company Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.316
Ma 20Greater thanMa 5035.981
Ma 50Greater thanMa 10036.251
Ma 100Greater thanMa 20035.853
OpenGreater thanClose34.650
Total3/5 (60.0%)
Penke

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