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Munic SA
Buy, Hold or Sell?

Let's analyse Munic together

PenkeI guess you are interested in Munic SA. 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 Munic SA. 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 Munic (30 sec.)










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

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€1.59
Expected worth in 1 year
€3.05
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
€1.46
Return On Investment
214.2%

For what price can you sell your share?

Current Price per Share
€0.68
Expected price per share
€0 - €0.69
How sure are you?
50%

1. Valuation of Munic (5 min.)




Live pricePrice per Share (EOD)

€0.68

Intrinsic Value Per Share

€-6.81 - €-4.66

Total Value Per Share

€-5.21 - €-3.06

2. Growth of Munic (5 min.)




Is Munic growing?

Current yearPrevious yearGrowGrow %
How rich?$15.4m$11.8m$3.5m23.2%

How much money is Munic making?

Current yearPrevious yearGrowGrow %
Making money$29.9k-$295.7k$325.7k1,086.4%
Net Profit Margin0.1%-1.4%--

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

3. Financial Health of Munic (5 min.)




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

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

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

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

Speculation

The Price per Share of Munic is €0.682. 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 Munic.
  • 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 Munic, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €1.59. Based on the TTM, the Book Value Change Per Share is €0.37 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.01 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 €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Munic.

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 Eps0.000.3%0.000.3%-0.03-4.1%-0.17-25.2%-0.14-20.1%
Usd Book Value Change Per Share0.4057.9%0.4057.9%-0.01-1.1%0.3246.7%0.2942.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.4057.9%0.4057.9%-0.01-1.1%0.3246.7%0.2942.1%
Usd Price Per Share3.72-3.72-3.08-2.36-1.97-
Price to Earnings Ratio2,100.93-2,100.93--111.18-396.49-330.41-
Price-to-Total Gains Ratio9.42-9.42--395.39--127.41--127.41-
Price to Book Ratio2.16-2.16-2.32-1.64-1.37-
Price-to-Total Gains Ratio9.42-9.42--395.39--127.41--127.41-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.7377194
Number of shares1355
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.400.32
Usd Total Gains Per Share0.400.32
Gains per Quarter (1355 shares)535.39431.59
Gains per Year (1355 shares)2,141.561,726.38
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1021422132017261716
2042834274034533442
3064256416051795168
4085668558069066894
501070810700086328620
60128491284201035810346
70149911498401208512072
80171321712601381113798
90192741926801553715524
100214162141001726417250

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%1.02.00.033.3%1.04.00.020.0%2.04.00.033.3%2.04.00.033.3%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.03.00.050.0%3.03.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.03.00.050.0%3.03.00.050.0%

Fundamentals of Munic

About Munic SA

MUNIC S.A. operates as a vehicle data collection, processing, and monetization company in Europe and North America. Its product portfolio includes Munic Max, a hardwired telematics device; Munic V6, an 2G, 3G and 4G catM OBD dongles; and Munic V6+ & V7+, an 4G cat 4 and WiFi hotspot OBD dongles. The company also operates Munic.io, a car data, edge computing, and application platform, which includes processing and telematics application development and aggregation platform; and offers catalogue of application and technical module for various verticals of connected vehicles. In addition, it provides car dealership, insurance, fleet, affinity marketing, remote diagnostic, leasing, OEM, vehicle inspection, and driver service solutions. The company was founded in 2002 and is headquartered in Villejuif, France.

Fundamental data was last updated by Penke on 2024-03-18 21:38:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
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 operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Munic SA.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Munic to the Software - Infrastructure industry mean.
  • A Net Profit Margin of 0.1% means that €0.00 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Munic SA:

  • The MRQ is 0.1%. The company is not making a profit/loss.
  • The TTM is 0.1%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY-1.4%+1.5%
TTM0.1%5Y-16.2%+16.3%
5Y-16.2%10Y-13.1%-3.1%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Munic to the Software - Infrastructure industry mean.
  • 0.1% Return on Assets means that Munic generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Munic SA:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY-1.0%+1.1%
TTM0.1%5Y-7.4%+7.5%
5Y-7.4%10Y-5.7%-1.7%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Munic to the Software - Infrastructure industry mean.
  • 0.2% Return on Equity means Munic generated €0.00 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Munic SA:

  • The MRQ is 0.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY-2.5%+2.7%
TTM0.2%5Y-511.2%+511.4%
5Y-511.2%10Y-421.1%-90.1%

1.2. Operating Efficiency of Munic SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Munic is operating .

  • Measures how much profit Munic 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 Munic to the Software - Infrastructure industry mean.
  • An Operating Margin of -3.8% means the company generated €-0.04  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Munic SA:

  • The MRQ is -3.8%. The company is operating very inefficient. -2
  • The TTM is -3.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-3.8%TTM-3.8%0.0%
TTM-3.8%YOY-4.1%+0.3%
TTM-3.8%5Y-15.4%+11.6%
5Y-15.4%10Y-13.1%-2.3%
1.2.2. Operating Ratio

Measures how efficient Munic is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are €1.00 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Munic SA:

  • The MRQ is 1.001. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.001. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.001TTM1.0010.000
TTM1.001YOY1.041-0.040
TTM1.0015Y1.147-0.146
5Y1.14710Y1.139+0.007

1.3. Liquidity of Munic SA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 2.90 means the company has €2.90 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Munic SA:

  • The MRQ is 2.901. The company is able to pay all its short-term debts. +1
  • The TTM is 2.901. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.901TTM2.9010.000
TTM2.901YOY2.167+0.734
TTM2.9015Y2.224+0.677
5Y2.22410Y2.060+0.164
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Munic to the Software - Infrastructure industry mean.
  • A Quick Ratio of 1.58 means the company can pay off €1.58 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Munic SA:

  • The MRQ is 1.583. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.583. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.583TTM1.5830.000
TTM1.583YOY1.849-0.266
TTM1.5835Y1.569+0.014
5Y1.56910Y1.466+0.103

1.4. Solvency of Munic SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Munic to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.49 means that Munic assets are financed with 49.3% credit (debt) and the remaining percentage (100% - 49.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Munic SA:

  • The MRQ is 0.493. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.493. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.493TTM0.4930.000
TTM0.493YOY0.588-0.096
TTM0.4935Y0.694-0.201
5Y0.69410Y0.730-0.037
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Munic to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 97.1% means that company has €0.97 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Munic SA:

  • The MRQ is 0.971. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.971. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.971TTM0.9710.000
TTM0.971YOY1.428-0.457
TTM0.9715Y112.296-111.325
5Y112.29610Y95.346+16.949

2. Market Valuation of Munic SA

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 Munic generates.

  • Above 15 is considered overpriced but always compare Munic to the Software - Infrastructure industry mean.
  • A PE ratio of 2,100.93 means the investor is paying €2,100.93 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Munic SA:

  • The EOD is 416.522. Based on the earnings, the company is expensive. -2
  • The MRQ is 2,100.933. Based on the earnings, the company is expensive. -2
  • The TTM is 2,100.933. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD416.522MRQ2,100.933-1,684.411
MRQ2,100.933TTM2,100.9330.000
TTM2,100.933YOY-111.183+2,212.116
TTM2,100.9335Y396.490+1,704.444
5Y396.49010Y330.408+66.082
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.918. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.676. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.676. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.918MRQ-9.676+7.757
MRQ-9.676TTM-9.6760.000
TTM-9.676YOY-5.044-4.632
TTM-9.6765Y-4.143-5.533
5Y-4.14310Y-3.452-0.690
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 2.16 means the investor is paying €2.16 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Munic SA:

  • The EOD is 0.428. Based on the equity, the company is cheap. +2
  • The MRQ is 2.158. Based on the equity, the company is underpriced. +1
  • The TTM is 2.158. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.428MRQ2.158-1.731
MRQ2.158TTM2.1580.000
TTM2.158YOY2.320-0.162
TTM2.1585Y1.643+0.515
5Y1.64310Y1.370+0.274
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Munic SA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3650.3650%-0.007+102%0.294+24%0.266+38%
Book Value Per Share--1.5941.5940%1.228+30%0.827+93%0.710+125%
Current Ratio--2.9012.9010%2.167+34%2.224+30%2.060+41%
Debt To Asset Ratio--0.4930.4930%0.588-16%0.694-29%0.730-33%
Debt To Equity Ratio--0.9710.9710%1.428-32%112.296-99%95.346-99%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0020.0020%-0.026+1666%-0.159+9801%-0.126+7821%
Free Cash Flow Per Share---0.356-0.3560%-0.565+59%-0.397+12%-0.330-7%
Free Cash Flow To Equity Per Share---0.001-0.0010%-0.215+19831%0.053-102%0.044-102%
Gross Profit Margin---0.176-0.1760%1.088-116%0.817-122%0.830-121%
Intrinsic Value_10Y_max---4.657--------
Intrinsic Value_10Y_min---6.806--------
Intrinsic Value_1Y_max---0.413--------
Intrinsic Value_1Y_min---0.600--------
Intrinsic Value_3Y_max---1.282--------
Intrinsic Value_3Y_min---1.884--------
Intrinsic Value_5Y_max---2.200--------
Intrinsic Value_5Y_min---3.248--------
Market Cap6092756.120-407%30862709.92030862709.9200%25460931.000+21%19519430.024+58%16266191.687+90%
Net Profit Margin--0.0010.0010%-0.014+1204%-0.162+12706%-0.131+10302%
Operating Margin---0.038-0.0380%-0.041+7%-0.154+304%-0.131+244%
Operating Ratio--1.0011.0010%1.041-4%1.147-13%1.139-12%
Pb Ratio0.428-404%2.1582.1580%2.320-7%1.643+31%1.370+58%
Pe Ratio416.522-404%2100.9332100.9330%-111.183+105%396.490+430%330.408+536%
Price Per Share0.682-404%3.4403.4400%2.850+21%2.182+58%1.818+89%
Price To Free Cash Flow Ratio-1.918+80%-9.676-9.6760%-5.044-48%-4.143-57%-3.452-64%
Price To Total Gains Ratio1.867-404%9.4179.4170%-395.387+4298%-127.406+1453%-127.406+1453%
Quick Ratio--1.5831.5830%1.849-14%1.569+1%1.466+8%
Return On Assets--0.0010.0010%-0.010+1143%-0.074+7628%-0.057+5945%
Return On Equity--0.0020.0020%-0.025+1385%-5.112+263804%-4.211+217328%
Total Gains Per Share--0.3650.3650%-0.007+102%0.294+24%0.266+38%
Usd Book Value--15466497.07115466497.0710%11871005.235+30%8008509.383+93%6869283.027+125%
Usd Book Value Change Per Share--0.3950.3950%-0.008+102%0.319+24%0.287+38%
Usd Book Value Per Share--1.7241.7240%1.329+30%0.895+93%0.768+125%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0020.0020%-0.028+1666%-0.172+9801%-0.137+7821%
Usd Free Cash Flow---3450334.186-3450334.1860%-5460672.554+58%-3839088.080+11%-3193102.140-7%
Usd Free Cash Flow Per Share---0.385-0.3850%-0.611+59%-0.429+12%-0.357-7%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%-0.233+19831%0.057-102%0.048-102%
Usd Market Cap6590534.295-407%33384193.32033384193.3200%27541089.063+21%21114167.457+58%17595139.547+90%
Usd Price Per Share0.738-404%3.7213.7210%3.083+21%2.360+58%1.967+89%
Usd Profit--29981.47929981.4790%-295731.372+1086%-1533314.509+5214%-1220348.881+4170%
Usd Revenue--23328542.54423328542.5440%20838166.268+12%17473880.667+34%17013468.692+37%
Usd Total Gains Per Share--0.3950.3950%-0.008+102%0.319+24%0.287+38%
 EOD+3 -5MRQTTM+0 -0YOY+30 -45Y+28 -610Y+25 -9

3.2. Fundamental Score

Let's check the fundamental score of Munic SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15416.522
Price to Book Ratio (EOD)Between0-10.428
Net Profit Margin (MRQ)Greater than00.001
Operating Margin (MRQ)Greater than0-0.038
Quick Ratio (MRQ)Greater than11.583
Current Ratio (MRQ)Greater than12.901
Debt to Asset Ratio (MRQ)Less than10.493
Debt to Equity Ratio (MRQ)Less than10.971
Return on Equity (MRQ)Greater than0.150.002
Return on Assets (MRQ)Greater than0.050.001
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Munic SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.085
Ma 20Greater thanMa 500.692
Ma 50Greater thanMa 1000.767
Ma 100Greater thanMa 2000.871
OpenGreater thanClose0.682
Total0/5 (0.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Net Income  -660-241-901-4,380-5,2815,008-27330128
EBITDA  -1,021328-693-3,487-4,1803,403-7771,566788
Net Income from Continuing Operations  -660-241-901-4,380-5,2815,008-27330128
Net Income Applicable to Common Shares  -415-398-813-4,839-5,6525,423-22924415



Latest Balance Sheet

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

Summary
Total Assets28,180
Total Liabilities13,882
Total Stockholder Equity14,298
 As reported
Total Liabilities 13,882
Total Stockholder Equity+ 14,298
Total Assets = 28,180

Assets

Total Assets28,180
Total Current Assets15,798
Long-term Assets12,382
Total Current Assets
Cash And Cash Equivalents 3,218
Net Receivables 5,402
Inventory 3,580
Other Current Assets 3,597
Total Current Assets  (as reported)15,798
Total Current Assets  (calculated)15,798
+/-0
Long-term Assets
Property Plant Equipment 256
Intangible Assets 11,717
Long-term Assets Other 410
Long-term Assets  (as reported)12,382
Long-term Assets  (calculated)12,382
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities5,445
Long-term Liabilities8,437
Total Stockholder Equity14,298
Total Current Liabilities
Short-term Debt 5,047
Accounts payable 4,527
Other Current Liabilities 918
Total Current Liabilities  (as reported)5,445
Total Current Liabilities  (calculated)10,493
+/- 5,047
Long-term Liabilities
Long term Debt Total 1,900
Other Liabilities 6,935
Long-term Liabilities  (as reported)8,437
Long-term Liabilities  (calculated)8,835
+/- 398
Total Stockholder Equity
Common Stock359
Retained Earnings -6,777
Capital Surplus 20,360
Total Stockholder Equity (as reported)14,298
Total Stockholder Equity (calculated)13,942
+/- 356
Other
Capital Stock359
Cash and Short Term Investments 3,218
Common Stock Shares Outstanding 8,972
Liabilities and Stockholders Equity 28,180
Net Debt 3,729
Net Invested Capital 21,246
Net Tangible Assets 14,298
Net Working Capital 10,353
Property Plant and Equipment Gross 256
Short Long Term Debt Total 6,947



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
12,579
14,055
20,187
19,605
26,650
28,180
28,18026,65019,60520,18714,05512,579
   > Total Current Assets 
11,921
11,202
14,942
12,077
15,965
15,798
15,79815,96512,07714,94211,20211,921
       Cash And Cash Equivalents 
1,066
834
1,820
5,247
3,151
3,218
3,2183,1515,2471,8208341,066
       Net Receivables 
8,091
8,475
8,143
3,561
10,473
5,402
5,40210,4733,5618,1438,4758,091
       Inventory 
2,279
1,501
1,616
3,269
2,341
3,580
3,5802,3413,2691,6161,5012,279
   > Long-term Assets 
658
2,854
5,245
7,528
10,684
12,382
12,38210,6847,5285,2452,854658
       Property Plant Equipment 
450
234
261
254
194
256
256194254261234450
       Intangible Assets 
0
2,455
4,962
6,957
10,311
11,717
11,71710,3116,9574,9622,4550
       Long-term Assets Other 
208
165
22
317
179
410
41017931722165208
> Total Liabilities 
11,495
13,386
20,149
8,566
15,675
13,882
13,88215,6758,56620,14913,38611,495
   > Total Current Liabilities 
9,621
12,451
10,297
3,264
7,367
5,445
5,4457,3673,26410,29712,4519,621
       Short-term Debt 
3,854
4,957
1,746
1,940
2,940
5,047
5,0472,9401,9401,7464,9573,854
       Short Long Term Debt 
3,854
4,957
0
0
0
0
00004,9573,854
       Accounts payable 
4,677
5,029
9,090
1,953
6,297
4,527
4,5276,2971,9539,0905,0294,677
       Other Current Liabilities 
923
2,465
1,206
-734
1,070
918
9181,070-7341,2062,465923
   > Long-term Liabilities 
1,874
935
9,853
5,301
8,308
8,437
8,4378,3085,3019,8539351,874
       Long term Debt Total 
0
0
7,074
1,900
1,900
1,900
1,9001,9001,9007,07400
       Long term Debt 
840
0
8,864
4,011
7,067
6,947
6,9477,0674,0118,8640840
       Other Liabilities 
1,034
935
941
1,286
8,689
6,935
6,9358,6891,2869419351,034
       Long-term Liabilities Other 
43
10
81
123
31
287
28731123811043
> Total Stockholder Equity
1,085
669
37
11,039
10,974
14,298
14,29810,97411,039376691,085
   Common Stock
756
66
106
313
315
359
35931531310666756
   Retained Earnings 
318
-97
-910
-6,562
-6,791
-6,777
-6,777-6,791-6,562-910-97318
   Accumulated Other Comprehensive Income 
-693
-578
0
-194
57
0
057-1940-578-693
   Capital Surplus 
624
624
544
17,097
17,095
20,360
20,36017,09517,097544624624
   Treasury Stock000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue21,567
Cost of Revenue-12,923
Gross Profit8,6438,643
 
Operating Income (+$)
Gross Profit8,643
Operating Expense-8,669
Operating Income-823-26
 
Operating Expense (+$)
Research Development0
Selling General Administrative138
Selling And Marketing Expenses33
Operating Expense8,669171
 
Net Interest Income (+$)
Interest Income21
Interest Expense-195
Other Finance Cost-52
Net Interest Income-225
 
Pretax Income (+$)
Operating Income-823
Net Interest Income-225
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,017-628
EBIT - interestExpense = -1,017
-1,017
222
Interest Expense195
Earnings Before Interest and Taxes (EBIT)-823-823
Earnings Before Interest and Taxes (EBITDA)788
 
After tax Income (+$)
Income Before Tax-1,017
Tax Provision--1,045
Net Income From Continuing Ops2828
Net Income28
Net Income Applicable To Common Shares15
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses21,593
Total Other Income/Expenses Net-195225
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Munic SA.

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

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

The bullish price targets are: 0.69 < 0.69 < 0.69.

The bearish price targets are: .

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Munic SA 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 Munic SA. The current mas is .

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

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

Directionalities and relatives.

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

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

Munic SA 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 Munic SA. The current macd is -0.02231293.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Munic price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Munic. 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 Munic price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Munic SA Daily Moving Average Convergence/Divergence (MACD) ChartMunic SA 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 Munic SA. The current adx is 18.59.

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 Munic 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.
Munic SA 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 Munic SA. The current sar is 0.70974121.

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
Munic SA 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 Munic SA. The current rsi is 37.09. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Munic SA Daily Relative Strength Index (RSI) ChartMunic SA 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 Munic SA. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-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 above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Munic price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Munic SA Daily Stochastic Oscillator ChartMunic SA 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 Munic SA. The current cci is -59.73223481.

Munic SA Daily Commodity Channel Index (CCI) ChartMunic SA 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 Munic SA. The current cmo is -24.46895494.

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
Munic SA Daily Chande Momentum Oscillator (CMO) ChartMunic SA 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 Munic SA. The current willr is -82.60869565.

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
Munic SA Daily Williams %R ChartMunic SA 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 Munic SA.

Munic SA 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 Munic SA. The current atr is 0.01400315.

Munic SA Daily Average True Range (ATR) ChartMunic SA 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 Munic SA. The current obv is -84,289.

Munic SA Daily On-Balance Volume (OBV) ChartMunic SA 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 Munic SA. The current mfi is 41.54.

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
Munic SA Daily Money Flow Index (MFI) ChartMunic SA Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Munic SA.

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
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line 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).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-26MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-27STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH 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
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Munic SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Munic SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.085
Ma 20Greater thanMa 500.692
Ma 50Greater thanMa 1000.767
Ma 100Greater thanMa 2000.871
OpenGreater thanClose0.682
Total0/5 (0.0%)
Penke

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