25 XP   0   0   10

A.K. Spintex Ltd
Buy, Hold or Sell?

Let's analyse A.K. Spintex Ltd together

PenkeI guess you are interested in A.K. Spintex 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 A.K. Spintex 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.

Get notifications about A.K. Spintex Ltd

I send you an email if I find something interesting about A.K. Spintex Ltd.

Quick analysis of A.K. Spintex Ltd (30 sec.)










What can you expect buying and holding a share of A.K. Spintex Ltd? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR46.11
Expected worth in 1 year
INR60.49
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR14.38
Return On Investment
11.0%

For what price can you sell your share?

Current Price per Share
INR130.85
Expected price per share
INR119.10 - INR162.00
How sure are you?
50%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1. Valuation of A.K. Spintex Ltd (5 min.)




Live pricePrice per Share (EOD)

INR130.85

Intrinsic Value Per Share

INR-58.83 - INR-72.19

Total Value Per Share

INR-12.72 - INR-26.08

2. Growth of A.K. Spintex Ltd (5 min.)




Is A.K. Spintex Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.7m$2.5m$217k7.8%

How much money is A.K. Spintex Ltd making?

Current yearPrevious yearGrowGrow %
Making money$217k$54.8k$162.1k74.7%
Net Profit Margin2.5%1.0%--

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

3. Financial Health of A.K. Spintex Ltd (5 min.)




3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

What can you expect buying and holding a share of A.K. Spintex Ltd? (5 min.)

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

What can you expect buying and holding a share of A.K. Spintex Ltd?

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

Speculation

The Price per Share of A.K. Spintex Ltd is INR130.85. 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 A.K. Spintex 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 A.K. Spintex 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 INR46.11. Based on the TTM, the Book Value Change Per Share is INR3.59 per quarter. Based on the YOY, the Book Value Change Per Share is INR0.91 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of A.K. Spintex Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.040.0%0.040.0%0.010.0%0.030.0%0.030.0%
Usd Book Value Change Per Share0.040.0%0.040.0%0.010.0%0.140.1%0.140.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.040.0%0.040.0%0.010.0%0.140.1%0.140.1%
Usd Price Per Share0.76-0.76-0.32-0.40-0.40-
Price to Earnings Ratio17.65-17.65-29.17-15.53-15.53-
Price-to-Total Gains Ratio17.65-17.65-29.17-12.63-12.63-
Price to Book Ratio1.38-1.38-0.62-0.77-0.77-
Price-to-Total Gains Ratio17.65-17.65-29.17-12.63-12.63-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.5702
Number of shares636
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.040.14
Usd Total Gains Per Share0.040.14
Gains per Quarter (636 shares)27.4387.98
Gains per Year (636 shares)109.72351.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101101000352342
202192100704694
30329320010561046
40439430014081398
50549540017601750
60658650021112102
70768760024632454
80878870028152806
90987980031673158
10010971090035193510

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.04.00.0%0.00.04.00.0%0.00.04.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Fundamentals of A.K. Spintex Ltd

About A.K. Spintex Ltd

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.1. Profitability of A.K. Spintex Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit A.K. Spintex Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare A.K. Spintex Ltd to the  industry mean.
  • A Net Profit Margin of 2.5% means that ₹0.02 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of A.K. Spintex Ltd:

  • The MRQ is 2.5%. The company is making a profit. +1
  • The TTM is 2.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.5%0.0%
TTM2.5%YOY1.0%+1.5%
TTM2.5%5Y2.1%+0.4%
5Y2.1%10Y2.1%0.0%
1.1.2. Return on Assets

Shows how efficient A.K. Spintex Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare A.K. Spintex Ltd to the  industry mean.
  • 3.5% Return on Assets means that A.K. Spintex Ltd generated ₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of A.K. Spintex Ltd:

  • The MRQ is 3.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.5%0.0%
TTM3.5%YOY1.0%+2.5%
TTM3.5%5Y2.9%+0.6%
5Y2.9%10Y2.9%0.0%
1.1.3. Return on Equity

Shows how efficient A.K. Spintex Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare A.K. Spintex Ltd to the  industry mean.
  • 7.8% Return on Equity means A.K. Spintex Ltd generated ₹0.08 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of A.K. Spintex Ltd:

  • The MRQ is 7.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.8%TTM7.8%0.0%
TTM7.8%YOY2.1%+5.7%
TTM7.8%5Y6.4%+1.4%
5Y6.4%10Y6.4%0.0%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.2. Operating Efficiency of A.K. Spintex Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient A.K. Spintex Ltd is operating .

  • Measures how much profit A.K. Spintex 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 A.K. Spintex Ltd to the  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 A.K. Spintex Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y2.6%-2.6%
5Y2.6%10Y2.6%0.0%
1.2.2. Operating Ratio

Measures how efficient A.K. Spintex Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are ₹1.66 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of A.K. Spintex Ltd:

  • The MRQ is 1.661. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.661. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.661TTM1.6610.000
TTM1.661YOY1.654+0.006
TTM1.6615Y1.619+0.042
5Y1.61910Y1.6190.000
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.3. Liquidity of A.K. Spintex Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if A.K. Spintex Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.24 means the company has ₹1.24 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of A.K. Spintex Ltd:

  • The MRQ is 1.237. The company is just able to pay all its short-term debts.
  • The TTM is 1.237. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.237TTM1.2370.000
TTM1.237YOY1.362-0.125
TTM1.2375Y1.282-0.045
5Y1.28210Y1.2820.000
1.3.2. Quick Ratio

Measures if A.K. Spintex Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare A.K. Spintex Ltd to the  industry mean.
  • A Quick Ratio of 0.70 means the company can pay off ₹0.70 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of A.K. Spintex Ltd:

  • The MRQ is 0.699. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.699. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.699TTM0.6990.000
TTM0.699YOY0.779-0.080
TTM0.6995Y0.790-0.092
5Y0.79010Y0.7900.000
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.4. Solvency of A.K. Spintex Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of A.K. Spintex Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare A.K. Spintex Ltd to industry mean.
  • A Debt to Asset Ratio of 0.56 means that A.K. Spintex Ltd assets are financed with 55.7% credit (debt) and the remaining percentage (100% - 55.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of A.K. Spintex Ltd:

  • The MRQ is 0.557. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.557. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.557TTM0.5570.000
TTM0.557YOY0.545+0.011
TTM0.5575Y0.554+0.002
5Y0.55410Y0.5540.000
1.4.2. Debt to Equity Ratio

Measures if A.K. Spintex Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare A.K. Spintex Ltd to the  industry mean.
  • A Debt to Equity ratio of 125.5% means that company has ₹1.25 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of A.K. Spintex Ltd:

  • The MRQ is 1.255. The company is able to pay all its debts with equity. +1
  • The TTM is 1.255. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.255TTM1.2550.000
TTM1.255YOY1.200+0.055
TTM1.2555Y1.246+0.009
5Y1.24610Y1.2460.000
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

2. Market Valuation of A.K. Spintex 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 A.K. Spintex Ltd generates.

  • Above 15 is considered overpriced but always compare A.K. Spintex Ltd to the  industry mean.
  • A PE ratio of 17.65 means the investor is paying ₹17.65 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of A.K. Spintex Ltd:

  • The EOD is 36.408. Based on the earnings, the company is overpriced. -1
  • The MRQ is 17.655. Based on the earnings, the company is fair priced.
  • The TTM is 17.655. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD36.408MRQ17.655+18.754
MRQ17.655TTM17.6550.000
TTM17.655YOY29.169-11.514
TTM17.6555Y15.532+2.123
5Y15.53210Y15.5320.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of A.K. Spintex Ltd:

  • The EOD is -85.516. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -41.467. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -41.467. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-85.516MRQ-41.467-44.049
MRQ-41.467TTM-41.4670.000
TTM-41.467YOY35.910-77.377
TTM-41.4675Y0.737-42.205
5Y0.73710Y0.7370.000
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of A.K. Spintex Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 1.38 means the investor is paying ₹1.38 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of A.K. Spintex Ltd:

  • The EOD is 2.838. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.376. Based on the equity, the company is underpriced. +1
  • The TTM is 1.376. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.838MRQ1.376+1.462
MRQ1.376TTM1.3760.000
TTM1.376YOY0.623+0.753
TTM1.3765Y0.771+0.605
5Y0.77110Y0.7710.000
2. Total Gains per Share
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of A.K. Spintex 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--3.5943.5940%0.908+296%11.527-69%11.527-69%
Book Value Per Share--46.11046.1100%42.516+8%42.013+10%42.013+10%
Current Ratio--1.2371.2370%1.362-9%1.282-4%1.282-4%
Debt To Asset Ratio--0.5570.5570%0.545+2%0.554+0%0.554+0%
Debt To Equity Ratio--1.2551.2550%1.200+5%1.246+1%1.246+1%
Dividend Per Share----0%-0%-0%-0%
Eps--3.5943.5940%0.908+296%2.700+33%2.700+33%
Free Cash Flow Per Share---1.530-1.5300%0.738-307%2.676-157%2.676-157%
Free Cash Flow To Equity Per Share---1.530-1.5300%0.738-307%2.313-166%2.313-166%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---72.191--------
Intrinsic Value_10Y_min---58.829--------
Intrinsic Value_1Y_max--0.067--------
Intrinsic Value_1Y_min--0.065--------
Intrinsic Value_3Y_max---5.363--------
Intrinsic Value_3Y_min---4.965--------
Intrinsic Value_5Y_max---17.501--------
Intrinsic Value_5Y_min---15.614--------
Market Cap--319264537.500319264537.5000%133341375.000+139%166047750.000+92%166047750.000+92%
Net Profit Margin--0.0250.0250%0.010+161%0.021+17%0.021+17%
Operating Margin----0%-0%0.026-100%0.026-100%
Operating Ratio--1.6611.6610%1.654+0%1.619+3%1.619+3%
Pb Ratio2.838+52%1.3761.3760%0.623+121%0.771+78%0.771+78%
Pe Ratio36.408+52%17.65517.6550%29.169-39%15.532+14%15.532+14%
Price Per Share130.850+52%63.45063.4500%26.500+139%33.000+92%33.000+92%
Price To Free Cash Flow Ratio-85.516-106%-41.467-41.4670%35.910-215%0.737-5725%0.737-5725%
Price To Total Gains Ratio36.408+52%17.65517.6550%29.169-39%12.628+40%12.628+40%
Quick Ratio--0.6990.6990%0.779-10%0.790-12%0.790-12%
Return On Assets--0.0350.0350%0.010+256%0.029+21%0.029+21%
Return On Equity--0.0780.0780%0.021+265%0.064+21%0.064+21%
Total Gains Per Share--3.5943.5940%0.908+296%11.527-69%11.527-69%
Usd Book Value--2784156.0002784156.0000%2567149.956+8%2536794.973+10%2536794.973+10%
Usd Book Value Change Per Share--0.0430.0430%0.011+296%0.138-69%0.138-69%
Usd Book Value Per Share--0.5530.5530%0.510+8%0.504+10%0.504+10%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0430.0430%0.011+296%0.032+33%0.032+33%
Usd Free Cash Flow---92389.872-92389.8720%44558.628-307%161575.023-157%161575.023-157%
Usd Free Cash Flow Per Share---0.018-0.0180%0.009-307%0.032-157%0.032-157%
Usd Free Cash Flow To Equity Per Share---0.018-0.0180%0.009-307%0.028-166%0.028-166%
Usd Market Cap--3831174.4503831174.4500%1600096.500+139%1992573.000+92%1992573.000+92%
Usd Price Per Share1.570+52%0.7610.7610%0.318+139%0.396+92%0.396+92%
Usd Profit--217008.000217008.0000%54856.080+296%163005.315+33%163005.315+33%
Usd Revenue--8718096.0008718096.0000%5759941.428+51%7331309.900+19%7331309.900+19%
Usd Total Gains Per Share--0.0430.0430%0.011+296%0.138-69%0.138-69%
 EOD+3 -3MRQTTM+0 -0YOY+19 -135Y+15 -1810Y+15 -18

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1536.408
Price to Book Ratio (EOD)Between0-12.838
Net Profit Margin (MRQ)Greater than00.025
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.699
Current Ratio (MRQ)Greater than11.237
Debt to Asset Ratio (MRQ)Less than10.557
Debt to Equity Ratio (MRQ)Less than11.255
Return on Equity (MRQ)Greater than0.150.078
Return on Assets (MRQ)Greater than0.050.035
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.457
Ma 20Greater thanMa 50136.435
Ma 50Greater thanMa 100128.865
Ma 100Greater thanMa 200124.857
OpenGreater thanClose134.750
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2022-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets523,148
Total Liabilities291,135
Total Stockholder Equity232,013
 As reported
Total Liabilities 291,135
Total Stockholder Equity+ 232,013
Total Assets = 523,148

Assets

Total Assets523,148
Total Current Assets270,258
Long-term Assets270,258
Total Current Assets
Cash And Cash Equivalents 279
Short-term Investments 452
Net Receivables 152,158
Inventory 78,276
Other Current Assets 39,093
Total Current Assets  (as reported)270,258
Total Current Assets  (calculated)270,258
+/-0
Long-term Assets
Long-term Assets  (as reported)252,890
Long-term Assets  (calculated)0
+/- 252,890

Liabilities & Shareholders' Equity

Total Current Liabilities218,464
Long-term Liabilities72,671
Total Stockholder Equity232,013
Total Current Liabilities
Short Long Term Debt 56,100
Accounts payable 134,744
Other Current Liabilities 16,452
Total Current Liabilities  (as reported)218,464
Total Current Liabilities  (calculated)207,296
+/- 11,168
Long-term Liabilities
Long term Debt 53,858
Long-term Liabilities Other -4
Long-term Liabilities  (as reported)72,671
Long-term Liabilities  (calculated)53,854
+/- 18,817
Total Stockholder Equity
Total Stockholder Equity (as reported)232,013
Total Stockholder Equity (calculated)0
+/- 232,013
Other
Capital Stock50,317
Common Stock Shares Outstanding 5,032
Net Debt 109,679
Net Invested Capital 341,971
Net Working Capital 51,794



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
455,709
447,125
470,628
523,148
523,148470,628447,125455,70900
   > Total Current Assets 
159,093
193,987
225,864
235,648
254,913
270,258
270,258254,913235,648225,864193,987159,093
       Cash And Cash Equivalents 
0
0
268
303
192
279
27919230326800
       Short-term Investments 
0
0
69
10
117
452
452117106900
       Net Receivables 
108,690
137,979
161,365
146,946
145,654
152,158
152,158145,654146,946161,365137,979108,690
       Inventory 
34,358
45,717
49,449
56,745
72,145
78,276
78,27672,14556,74549,44945,71734,358
       Other Current Assets 
3,860
10,128
14,730
31,525
968
39,093
39,09396831,52514,73010,1283,860
   > Long-term Assets 
0
0
229,845
211,477
215,715
252,890
252,890215,715211,477229,84500
       Property Plant Equipment 
176,159
245,941
224,219
205,172
0
0
00205,172224,219245,941176,159
       Long-term Assets Other 
0
0
144
96
48
0
0489614400
> Total Liabilities 
0
0
265,410
237,768
256,699
291,135
291,135256,699237,768265,41000
   > Total Current Liabilities 
169,497
188,518
193,148
173,241
187,121
218,464
218,464187,121173,241193,148188,518169,497
       Short Long Term Debt 
0
0
77,043
56,475
58,621
56,100
56,10058,62156,47577,04300
       Accounts payable 
82,254
59,491
62,784
94,389
104,100
134,744
134,744104,10094,38962,78459,49182,254
       Other Current Liabilities 
3,670
14,289
6,967
13,125
12,889
16,452
16,45212,88913,1256,96714,2893,670
   > Long-term Liabilities 
0
0
72,263
64,526
69,578
72,671
72,67169,57864,52672,26300
       Long-term Liabilities Other 
0
0
0
0
-1
-4
-4-10000
       Deferred Long Term Liability 
0
191
144
96
0
0
00961441910
> Total Stockholder Equity
0
0
190,298
209,358
213,929
232,013
232,013213,929209,358190,29800
   Common Stock
50,318
50,318
50,318
50,318
0
0
0050,31850,31850,31850,318
   Retained Earnings Total Equity000000
   Accumulated Other Comprehensive Income 000000
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
1,500
1,500
1,500
159,040
0
0
00159,0401,5001,5001,500



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2022-03-31)

Gross Profit (+$)
totalRevenue726,508
Cost of Revenue-514,664
Gross Profit211,844211,844
 
Operating Income (+$)
Gross Profit211,844
Operating Expense-691,844
Operating Income34,664-480,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense691,8440
 
Net Interest Income (+$)
Interest Income0
Interest Expense-9,089
Other Finance Cost-0
Net Interest Income-9,089
 
Pretax Income (+$)
Operating Income34,664
Net Interest Income-9,089
Other Non-Operating Income Expenses0
Income Before Tax (EBT)26,90234,664
EBIT - interestExpense = -9,089
18,084
27,173
Interest Expense9,089
Earnings Before Interest and Taxes (EBIT)035,991
Earnings Before Interest and Taxes (EBITDA)76,141
 
After tax Income (+$)
Income Before Tax26,902
Tax Provision-8,818
Net Income From Continuing Ops18,08418,084
Net Income18,084
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net09,089
 

Technical Analysis of A.K. Spintex 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 A.K. Spintex Ltd. The general trend of A.K. Spintex Ltd is BULLISH with 85.7% 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 A.K. Spintex 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 (85.7%) Bearish trend (-85.7%)
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 A.K. Spintex Ltd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 162.00.

The bearish price targets are: 120.50 > 119.30 > 119.10.

Tweet this
A.K. Spintex 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 A.K. Spintex Ltd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

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

A.K. Spintex 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 A.K. Spintex Ltd. The current macd is 0.34870043.

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 A.K. Spintex Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for A.K. Spintex Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the A.K. Spintex Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
A.K. Spintex Ltd Daily Moving Average Convergence/Divergence (MACD) ChartA.K. Spintex 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 A.K. Spintex Ltd. The current adx is 18.47.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell A.K. Spintex Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
A.K. Spintex 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 A.K. Spintex Ltd. The current sar is 150.91.

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
A.K. Spintex Ltd Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 A.K. Spintex Ltd. The current rsi is 47.46. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
A.K. Spintex Ltd Daily Relative Strength Index (RSI) ChartA.K. Spintex 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 A.K. Spintex Ltd. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-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 A.K. Spintex Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
A.K. Spintex Ltd Daily Stochastic Oscillator ChartA.K. Spintex 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 A.K. Spintex Ltd. The current cci is -48.49556295.

A.K. Spintex Ltd Daily Commodity Channel Index (CCI) ChartA.K. Spintex 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 A.K. Spintex Ltd. The current cmo is -11.49352375.

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
A.K. Spintex Ltd Daily Chande Momentum Oscillator (CMO) ChartA.K. Spintex 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 A.K. Spintex Ltd. The current willr is -83.62416107.

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
A.K. Spintex Ltd Daily Williams %R ChartA.K. Spintex Ltd Daily Williams %R Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 A.K. Spintex Ltd.

A.K. Spintex 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 A.K. Spintex Ltd. The current atr is 7.34052808.

A.K. Spintex Ltd Daily Average True Range (ATR) ChartA.K. Spintex Ltd Daily Average True Range (ATR) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 A.K. Spintex Ltd. The current obv is 1,182,593.

A.K. Spintex Ltd Daily On-Balance Volume (OBV) ChartA.K. Spintex 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 A.K. Spintex Ltd. The current mfi is 24.76.

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
A.K. Spintex Ltd Daily Money Flow Index (MFI) ChartA.K. Spintex Ltd Daily Money Flow Index (MFI) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for A.K. Spintex 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
2023-07-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-07-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-07-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-07-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-07-14MACD 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.
2023-07-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-07-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-07-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-07-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-07-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-07-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-07-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-07-31STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-08-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-08-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-08-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-08-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-16SAR 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-08-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-08-18MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-08-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-08-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-08-31STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-09-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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).
2023-09-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-09-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-09-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-09-12CCI 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).
2023-09-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-09-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-09-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-09-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-28SAR 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).
2023-10-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-10-05DMI 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.
2023-10-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-10-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-27DMI 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
2023-10-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-01DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

A.K. Spintex Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.457
Ma 20Greater thanMa 50136.435
Ma 50Greater thanMa 100128.865
Ma 100Greater thanMa 200124.857
OpenGreater thanClose134.750
Total4/5 (80.0%)
Penke

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

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

Get notifications about A.K. Spintex Ltd

I send you an email if I find something interesting about A.K. Spintex Ltd.


Comments

How you think about this?

Leave a comment
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Stay informed about A.K. Spintex Ltd.

Receive notifications about A.K. Spintex Ltd in your mailbox!