25 XP   0   0   10

Spineway
Buy, Hold or Sell?

Let's analyse Spineway together

PenkeI guess you are interested in Spineway. 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 Spineway. 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 Spineway

I send you an email if I find something interesting about Spineway.

Quick analysis of Spineway (30 sec.)










What can you expect buying and holding a share of Spineway? (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?
20.0%

What is your share worth?

Current worth
€1.20
Expected worth in 1 year
€-99.71
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
€-100.91
Return On Investment
-6,864.3%

For what price can you sell your share?

Current Price per Share
€1.47
Expected price per share
€1.2 - €37.80
How sure are you?
50%

1. Valuation of Spineway (5 min.)




Live pricePrice per Share (EOD)

€1.47

Intrinsic Value Per Share

€-50.16 - €1.14

Total Value Per Share

€-48.96 - €2.34

2. Growth of Spineway (5 min.)




Is Spineway growing?

Current yearPrevious yearGrowGrow %
How rich?$20.6m$23.8m-$3.1m-15.5%

How much money is Spineway making?

Current yearPrevious yearGrowGrow %
Making money-$7m-$3.3m-$3.6m-51.8%
Net Profit Margin-61.9%-42.2%--

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

3. Financial Health of Spineway (5 min.)




4. Comparing to competitors in the Medical Instruments & Supplies industry (5 min.)




  Industry Rankings (Medical Instruments & Supplies)  


Richest
#134 / 173

Most Revenue
#124 / 173

Most Profit
#146 / 173

Most Efficient
#144 / 173

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

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

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

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

Speculation

The Price per Share of Spineway is €1.47. 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 Spineway.
  • 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 Spineway, 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 €1.20. Based on the TTM, the Book Value Change Per Share is €-25.23 per quarter. Based on the YOY, the Book Value Change Per Share is €1.36 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 Spineway.

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 Eps-0.44-30.0%-0.44-30.0%-4.07-277.1%-5.72-389.4%-3.60-244.8%
Usd Book Value Change Per Share-27.29-1,856.3%-27.29-1,856.3%1.4799.7%-0.11-7.8%-0.03-2.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.9463.9%0.4731.9%
Usd Total Gains Per Share-27.29-1,856.3%-27.29-1,856.3%1.4799.7%0.8256.1%0.4429.6%
Usd Price Per Share0.00-0.00-1.14-0.23-2.02-
Price to Earnings Ratio-0.01--0.01--0.28--0.06--4.47-
Price-to-Total Gains Ratio0.00-0.00-0.77-0.16--3.04-
Price to Book Ratio0.00-0.00-0.04-0.01-2.23-
Price-to-Total Gains Ratio0.00-0.00-0.77-0.16--3.04-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.590099
Number of shares628
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.94
Usd Book Value Change Per Share-27.29-0.11
Usd Total Gains Per Share-27.290.82
Gains per Quarter (628 shares)-17,136.41517.96
Gains per Year (628 shares)-68,545.642,071.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-68546-685562359-2872062
20-137091-1371024717-5734134
30-205637-2056487076-8606206
40-274183-2741949434-11478278
50-342728-34274011793-143310350
60-411274-41128614151-172012422
70-479819-47983216510-200714494
80-548365-54837818868-229316566
90-616911-61692421227-258018638
100-685456-68547023585-286720710

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%2.011.00.015.4%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%9.04.00.069.2%
Dividend per Share0.00.01.00.0%1.00.02.033.3%2.00.03.040.0%2.00.08.020.0%4.00.09.030.8%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%9.04.00.069.2%

Fundamentals of Spineway

About Spineway

Spineway SA engages in the design, manufacture, and marketing of implants and surgical instruments for treating disorder of spinal column. The company offers ayers rock, an anterior cervical interbody fusion cage; blue mountain, an anterior cervical interbody fusion plate; mont blanc, a posterior thoracolumbar pedicle screws; mont blanc baby, a pediatric growing rod system; mont blanc 3d+, a coplanar alignment system; posterior osteosynthesis systems; kili, an anterior lumbar interbody fusion cage; twin peaks plif posterior lumbar interbody fusion cages; twin peaks tlif transforaminal lumbar interbody fusion cages; and mont blanc mis, a mini-invasive thoracolumbar system. It also provides neve, a biomaterial bone substitute for bone regeneration; and cervical and lumbar prosthesis elastic spine pads. In addition, the company exports its products. Spineway SA was incorporated in 2005 and is headquartered in Ecully, France.

Fundamental data was last updated by Penke on 2024-03-18 21:58:02.

Financial Health

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

Valuation

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

1.1. Profitability of Spineway.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Spineway to the Medical Instruments & Supplies industry mean.
  • A Net Profit Margin of -61.9% means that €-0.62 for each €1 in revenue is generated as profit.

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

  • The MRQ is -61.9%. The company is making a huge loss. -2
  • The TTM is -61.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-61.9%TTM-61.9%0.0%
TTM-61.9%YOY-42.2%-19.7%
TTM-61.9%5Y-117.9%+56.0%
5Y-117.9%10Y-78.1%-39.9%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-61.9%6.2%-68.1%
TTM-61.9%7.4%-69.3%
YOY-42.2%8.0%-50.2%
5Y-117.9%7.1%-125.0%
10Y-78.1%7.7%-85.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Spineway to the Medical Instruments & Supplies industry mean.
  • -24.7% Return on Assets means that Spineway generated €-0.25 profit for each $1 in assets.

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

  • The MRQ is -24.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -24.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-24.7%TTM-24.7%0.0%
TTM-24.7%YOY-11.3%-13.4%
TTM-24.7%5Y-30.2%+5.5%
5Y-30.2%10Y-28.4%-1.8%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-24.7%1.2%-25.9%
TTM-24.7%1.2%-25.9%
YOY-11.3%1.7%-13.0%
5Y-30.2%1.6%-31.8%
10Y-28.4%1.6%-30.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Spineway to the Medical Instruments & Supplies industry mean.
  • -34.1% Return on Equity means Spineway generated €-0.34 for each €1 the owners (shareholders) invested.

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

  • The MRQ is -34.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -34.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-34.1%TTM-34.1%0.0%
TTM-34.1%YOY-14.3%-19.8%
TTM-34.1%5Y-44.4%+10.3%
5Y-44.4%10Y-81.5%+37.1%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-34.1%2.3%-36.4%
TTM-34.1%2.6%-36.7%
YOY-14.3%3.1%-17.4%
5Y-44.4%3.2%-47.6%
10Y-81.5%3.0%-84.5%

1.2. Operating Efficiency of Spineway.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Spineway is operating .

  • Measures how much profit Spineway 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 Spineway to the Medical Instruments & Supplies industry mean.
  • An Operating Margin of -42.9% means the company generated €-0.43  for each €1 in revenue (before taxes).

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

  • The MRQ is -42.9%. The company is operating very inefficient. -2
  • The TTM is -42.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-42.9%TTM-42.9%0.0%
TTM-42.9%YOY-44.8%+1.8%
TTM-42.9%5Y-31.8%-11.1%
5Y-31.8%10Y-29.7%-2.2%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-42.9%8.4%-51.3%
TTM-42.9%6.5%-49.4%
YOY-44.8%10.7%-55.5%
5Y-31.8%10.1%-41.9%
10Y-29.7%8.4%-38.1%
1.2.2. Operating Ratio

Measures how efficient Spineway is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • An Operation Ratio of 1.43 means that the operating costs are €1.43 for each €1 in net sales.

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

  • The MRQ is 1.429. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.429. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.429TTM1.4290.000
TTM1.429YOY1.475-0.046
TTM1.4295Y1.392+0.037
5Y1.39210Y1.358+0.034
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4291.099+0.330
TTM1.4291.149+0.280
YOY1.4751.109+0.366
5Y1.3921.101+0.291
10Y1.3581.055+0.303

1.3. Liquidity of Spineway.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A Current Ratio of 1.92 means the company has €1.92 in assets for each €1 in short-term debts.

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

  • The MRQ is 1.917. The company is able to pay all its short-term debts. +1
  • The TTM is 1.917. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.917TTM1.9170.000
TTM1.917YOY2.518-0.601
TTM1.9175Y2.785-0.868
5Y2.78510Y2.912-0.127
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9172.385-0.468
TTM1.9172.589-0.672
YOY2.5182.582-0.064
5Y2.7852.635+0.150
10Y2.9122.614+0.298
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Spineway to the Medical Instruments & Supplies industry mean.
  • A Quick Ratio of 1.43 means the company can pay off €1.43 for each €1 in debt (using most liquid assets).

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

  • The MRQ is 1.426. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.426. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.426TTM1.4260.000
TTM1.426YOY1.533-0.107
TTM1.4265Y2.397-0.972
5Y2.39710Y2.205+0.193
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4261.165+0.261
TTM1.4261.172+0.254
YOY1.5331.283+0.250
5Y2.3971.392+1.005
10Y2.2051.477+0.728

1.4. Solvency of Spineway.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Spineway to Medical Instruments & Supplies industry mean.
  • A Debt to Asset Ratio of 0.28 means that Spineway assets are financed with 27.6% credit (debt) and the remaining percentage (100% - 27.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.276. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.276. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.276TTM0.2760.000
TTM0.276YOY0.205+0.070
TTM0.2765Y0.293-0.017
5Y0.29310Y0.506-0.213
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2760.353-0.077
TTM0.2760.355-0.079
YOY0.2050.358-0.153
5Y0.2930.362-0.069
10Y0.5060.369+0.137
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Spineway to the Medical Instruments & Supplies industry mean.
  • A Debt to Equity ratio of 38.0% means that company has €0.38 debt for each €1 in shareholders equity.

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

  • The MRQ is 0.380. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.380. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.380TTM0.3800.000
TTM0.380YOY0.259+0.121
TTM0.3805Y0.452-0.072
5Y0.45210Y1.620-1.168
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3800.541-0.161
TTM0.3800.545-0.165
YOY0.2590.529-0.270
5Y0.4520.640-0.188
10Y1.6200.665+0.955

2. Market Valuation of Spineway

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 Spineway generates.

  • Above 15 is considered overpriced but always compare Spineway to the Medical Instruments & Supplies industry mean.
  • A PE ratio of -0.01 means the investor is paying €-0.01 for every €1 in earnings.

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

  • The EOD is -3.600. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.008. Based on the earnings, the company is expensive. -2
  • The TTM is -0.008. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.600MRQ-0.008-3.592
MRQ-0.008TTM-0.0080.000
TTM-0.008YOY-0.279+0.270
TTM-0.0085Y-0.058+0.050
5Y-0.05810Y-4.471+4.413
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-3.60017.039-20.639
MRQ-0.00817.929-17.937
TTM-0.00819.435-19.443
YOY-0.27920.661-20.940
5Y-0.05821.503-21.561
10Y-4.47127.130-31.601
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.215. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.007. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.007. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.215MRQ-0.007-3.208
MRQ-0.007TTM-0.0070.000
TTM-0.007YOY-0.063+0.056
TTM-0.0075Y-0.015+0.008
5Y-0.01510Y7.409-7.424
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-3.21510.083-13.298
MRQ-0.0079.744-9.751
TTM-0.0071.298-1.305
YOY-0.0634.667-4.730
5Y-0.0154.114-4.129
10Y7.4090.108+7.301
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A PB ratio of 0.00 means the investor is paying €0.00 for each €1 in book value.

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

  • The EOD is 1.230. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.003. Based on the equity, the company is cheap. +2
  • The TTM is 0.003. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.230MRQ0.003+1.227
MRQ0.003TTM0.0030.000
TTM0.003YOY0.040-0.037
TTM0.0035Y0.009-0.006
5Y0.00910Y2.226-2.218
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD1.2302.522-1.292
MRQ0.0032.733-2.730
TTM0.0032.706-2.703
YOY0.0403.220-3.180
5Y0.0093.824-3.815
10Y2.2264.219-1.993
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Spineway 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---25.226-25.2260%1.355-1961%-0.106-100%-0.031-100%
Book Value Per Share--1.1951.1950%26.421-95%14.486-92%7.746-85%
Current Ratio--1.9171.9170%2.518-24%2.785-31%2.912-34%
Debt To Asset Ratio--0.2760.2760%0.205+34%0.293-6%0.506-45%
Debt To Equity Ratio--0.3800.3800%0.259+47%0.452-16%1.620-77%
Dividend Per Share----0%-0%0.868-100%0.434-100%
Eps---0.408-0.4080%-3.766+822%-5.292+1196%-3.327+715%
Free Cash Flow Per Share---0.457-0.4570%-16.679+3548%-4.705+929%-2.791+510%
Free Cash Flow To Equity Per Share---0.238-0.2380%-12.217+5028%1.983-112%1.020-123%
Gross Profit Margin--1.0001.0000%1.0000%0.751+33%0.875+14%
Intrinsic Value_10Y_max--1.141--------
Intrinsic Value_10Y_min---50.156--------
Intrinsic Value_1Y_max---2.169--------
Intrinsic Value_1Y_min---6.467--------
Intrinsic Value_3Y_max---4.777--------
Intrinsic Value_3Y_min---18.297--------
Intrinsic Value_5Y_max---5.287--------
Intrinsic Value_5Y_min---28.795--------
Market Cap1224454.140+96%54208.38354208.3830%874610.100-94%187346.324-71%6726350.500-99%
Net Profit Margin---0.619-0.6190%-0.422-32%-1.179+91%-0.781+26%
Operating Margin---0.429-0.4290%-0.448+4%-0.318-26%-0.297-31%
Operating Ratio--1.4291.4290%1.475-3%1.392+3%1.358+5%
Pb Ratio1.230+100%0.0030.0030%0.040-93%0.009-67%2.226-100%
Pe Ratio-3.600-43135%-0.008-0.0080%-0.279+3248%-0.058+596%-4.471+53589%
Price Per Share1.470+100%0.0030.0030%1.050-100%0.213-98%1.870-100%
Price To Free Cash Flow Ratio-3.215-43135%-0.007-0.0070%-0.063+747%-0.015+108%7.409-100%
Price To Total Gains Ratio-0.058-43135%0.0000.0000%0.775-100%0.155-100%-3.042+2257079%
Quick Ratio--1.4261.4260%1.533-7%2.397-41%2.205-35%
Return On Assets---0.247-0.2470%-0.113-54%-0.302+22%-0.284+15%
Return On Equity---0.341-0.3410%-0.143-58%-0.444+30%-0.815+139%
Total Gains Per Share---25.226-25.2260%1.355-1961%0.762-3408%0.403-6366%
Usd Book Value--20610711.80020610711.8000%23806053.600-13%16958902.984+22%9984061.794+106%
Usd Book Value Change Per Share---27.287-27.2870%1.466-1961%-0.114-100%-0.034-100%
Usd Book Value Per Share--1.2931.2930%28.580-95%15.670-92%8.379-85%
Usd Dividend Per Share----0%-0%0.939-100%0.469-100%
Usd Eps---0.442-0.4420%-4.074+822%-5.725+1196%-3.599+715%
Usd Free Cash Flow---7885593.000-7885593.0000%-15028058.100+91%-5734091.700-27%-3612769.830-54%
Usd Free Cash Flow Per Share---0.495-0.4950%-18.042+3548%-5.090+929%-3.019+510%
Usd Free Cash Flow To Equity Per Share---0.258-0.2580%-13.215+5028%2.145-112%1.103-123%
Usd Market Cap1324492.043+96%58637.20858637.2080%946065.745-94%202652.519-71%7275893.335-99%
Usd Price Per Share1.590+100%0.0040.0040%1.136-100%0.230-98%2.023-100%
Usd Profit---7041867.000-7041867.0000%-3393292.900-52%-5829222.456-17%-4135141.257-41%
Usd Revenue--11378402.30011378402.3000%8039194.400+42%6642055.320+71%6709403.260+70%
Usd Total Gains Per Share---27.287-27.2870%1.466-1961%0.825-3408%0.435-6366%
 EOD+5 -3MRQTTM+0 -0YOY+12 -215Y+14 -2210Y+16 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.600
Price to Book Ratio (EOD)Between0-11.230
Net Profit Margin (MRQ)Greater than0-0.619
Operating Margin (MRQ)Greater than0-0.429
Quick Ratio (MRQ)Greater than11.426
Current Ratio (MRQ)Greater than11.917
Debt to Asset Ratio (MRQ)Less than10.276
Debt to Equity Ratio (MRQ)Less than10.380
Return on Equity (MRQ)Greater than0.15-0.341
Return on Assets (MRQ)Greater than0.05-0.247
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.170
Ma 20Greater thanMa 502.525
Ma 50Greater thanMa 1005.355
Ma 100Greater thanMa 20015.279
OpenGreater thanClose1.560
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets26,311
Total Liabilities7,257
Total Stockholder Equity19,100
 As reported
Total Liabilities 7,257
Total Stockholder Equity+ 19,100
Total Assets = 26,311

Assets

Total Assets26,311
Total Current Assets10,153
Long-term Assets16,158
Total Current Assets
Cash And Cash Equivalents 1,800
Net Receivables 5,751
Inventory 4,402
Other Current Assets -1,800
Total Current Assets  (as reported)10,153
Total Current Assets  (calculated)10,153
+/-0
Long-term Assets
Property Plant Equipment 2,405
Goodwill 5,402
Intangible Assets 3,863
Long-term Assets Other 4,488
Long-term Assets  (as reported)16,158
Long-term Assets  (calculated)16,158
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities5,296
Long-term Liabilities1,961
Total Stockholder Equity19,100
Total Current Liabilities
Short-term Debt 928
Short Long Term Debt 920
Accounts payable 2,816
Other Current Liabilities 97
Total Current Liabilities  (as reported)5,296
Total Current Liabilities  (calculated)4,761
+/- 535
Long-term Liabilities
Long term Debt 1,641
Capital Lease Obligations 41
Long-term Liabilities Other 1
Long-term Liabilities  (as reported)1,961
Long-term Liabilities  (calculated)1,683
+/- 278
Total Stockholder Equity
Common Stock286
Retained Earnings -6,510
Other Stockholders Equity 25,324
Total Stockholder Equity (as reported)19,100
Total Stockholder Equity (calculated)19,100
+/-0
Other
Capital Stock286
Cash and Short Term Investments 1,800
Common Stock Shares Outstanding 15,944
Current Deferred Revenue1,455
Liabilities and Stockholders Equity 26,311
Net Debt 802
Net Invested Capital 21,615
Net Working Capital 4,857
Property Plant and Equipment Gross 6,415
Short Long Term Debt Total 2,602



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-31
> Total Assets 
2,059
2,494
3,745
4,909
9,305
11,241
8,962
9,190
11,052
7,423
12,376
14,748
25,568
27,696
26,311
26,31127,69625,56814,74812,3767,42311,0529,1908,96211,2419,3054,9093,7452,4942,059
   > Total Current Assets 
0
0
3,567
4,228
8,038
9,737
7,534
7,893
9,031
5,718
6,573
8,176
18,364
12,125
10,153
10,15312,12518,3648,1766,5735,7189,0317,8937,5349,7378,0384,2283,56700
       Cash And Cash Equivalents 
28
64
44
49
1,384
2,564
1,388
1,419
2,371
81
2,530
4,857
13,890
5,500
1,800
1,8005,50013,8904,8572,530812,3711,4191,3882,5641,38449446428
       Short-term Investments 
0
0
44
49
0
2,564
1,388
1,419
0
0
0
-238
5,000
0
0
005,000-2380001,4191,3882,5640494400
       Net Receivables 
1,080
1,301
2,169
2,714
4,567
4,428
3,765
2,966
2,714
2,367
1,661
1,301
2,034
1,884
5,751
5,7511,8842,0341,3011,6612,3672,7142,9663,7654,4284,5672,7142,1691,3011,080
       Other Current Assets 
30
32
33
46
162
204
172
6
3,556
2,441
1,779
463
25
-5,500
-1,800
-1,800-5,500254631,7792,4413,556617220416246333230
   > Long-term Assets 
0
0
178
681
1,267
1,504
1,428
1,297
2,021
1,705
5,803
6,572
7,204
15,500
16,158
16,15815,5007,2046,5725,8031,7052,0211,2971,4281,5041,26768117800
       Property Plant Equipment 
100
89
138
445
683
1,055
1,080
971
933
1,192
870
548
384
1,777
2,405
2,4051,7773845488701,1929339711,0801,05568344513889100
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
507
5,402
5,402
5,4025,402507000000000000
       Long Term Investments 
0
0
0
0
434
327
252
283
0
0
0
0
0
0
0
00000002832523274340000
       Intangible Assets 
7
11
10
201
150
122
21
103
256
61
418
1,273
2,044
3,901
3,863
3,8633,9012,0441,273418612561032112215020110117
       Other Assets 
0
0
0
0
0
0
75
209
224
0
219
0
0
71
0
07100219022420975000000
> Total Liabilities 
1,609
1,988
2,900
3,744
4,181
6,777
6,184
7,353
7,656
5,988
5,945
4,730
4,689
5,688
7,257
7,2575,6884,6894,7305,9455,9887,6567,3536,1846,7774,1813,7442,9001,9881,609
   > Total Current Liabilities 
312
1,468
1,243
1,407
2,358
2,068
1,822
2,642
6,120
3,026
4,767
3,111
3,350
4,816
5,296
5,2964,8163,3503,1114,7673,0266,1202,6421,8222,0682,3581,4071,2431,468312
       Short-term Debt 
0
0
44
49
1,818
4,550
4,119
3,813
3,727
1,009
3,260
1,378
1,233
0
928
92801,2331,3783,2601,0093,7273,8134,1194,5501,818494400
       Short Long Term Debt 
0
0
0
0
1,818
4,550
4,119
3,813
5,043
3,914
4,421
1,194
1,077
0
920
92001,0771,1944,4213,9145,0433,8134,1194,5501,8180000
       Accounts payable 
182
663
1,053
1,129
1,786
1,530
1,388
2,284
1,806
1,373
1,123
848
1,207
2,535
2,816
2,8162,5351,2078481,1231,3731,8062,2841,3881,5301,7861,1291,053663182
       Other Current Liabilities 
130
138
190
277
572
538
432
1,095
587
0
0
863
879
2,281
97
972,281879863005871,095432538572277190138130
   > Long-term Liabilities 
0
0
1,657
2,338
1,823
4,709
4,362
4,711
1,536
2,962
1,178
1,619
1,339
618
1,961
1,9616181,3391,6191,1782,9621,5364,7114,3624,7091,8232,3381,65700
       Long term Debt Total 
0
0
0
0
0
0
0
1,239
1,383
544
625
1,707
1,936
856
0
08561,9361,7076255441,3831,2390000000
       Other Liabilities 
0
0
145
106
165
0
2
667
666
329
311
110
176
0
0
001761103113296666672016510614500
       Deferred Long Term Liability 
0
0
0
0
0
0
69
53
0
141
126
108
0
0
0
00010812614105369000000
> Total Stockholder Equity
450
506
725
1,085
4,964
4,624
3,021
1,837
3,396
1,435
6,431
10,018
20,879
22,000
19,100
19,10022,00020,87910,0186,4311,4353,3961,8373,0214,6244,9641,085725506450
   Common Stock
150
250
280
280
340
355
355
391
430
1,684
4,546
463
1,576
182
286
2861821,5764634,5461,684430391355355340280280250150
   Retained Earnings 
31
256
239
410
-51
-1,718
-3,404
-5,668
-419
-5,667
-8,579
-14,105
-1,583
-3,137
-6,510
-6,510-3,137-1,583-14,105-8,579-5,667-419-5,668-3,404-1,718-5141023925631
   Capital Surplus 
0
0
0
0
0
0
0
6,309
2,941
5,057
8,230
10,030
21,617
24,502
0
024,50221,61710,0308,2305,0572,9416,3090000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
0
0
0
160
931
1,014
-2,710
7,280
9,415
10,465
10,492
23,193
24,955
25,324
25,32424,95523,19310,49210,4659,4157,280-2,7101,0149311600000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue10,519
Cost of Revenue-8,968
Gross Profit1,5511,551
 
Operating Income (+$)
Gross Profit1,551
Operating Expense-6,068
Operating Income-4,517-4,517
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense6,0680
 
Net Interest Income (+$)
Interest Income0
Interest Expense-1,035
Other Finance Cost-7
Net Interest Income-1,028
 
Pretax Income (+$)
Operating Income-4,517
Net Interest Income-1,028
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-6,510-9,034
EBIT - interestExpense = -5,552
0
-5,475
Interest Expense1,035
Earnings Before Interest and Taxes (EBIT)-4,517-5,475
Earnings Before Interest and Taxes (EBITDA)-4,179
 
After tax Income (+$)
Income Before Tax-6,510
Tax Provision-0
Net Income From Continuing Ops-6,509-6,510
Net Income-6,510
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses15,036
Total Other Income/Expenses Net4,5171,028
 

Technical Analysis of Spineway
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 Spineway. The general trend of Spineway is BEARISH 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 Spineway'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 Spineway.

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: 6.4 < 30.00 < 37.80.

The bearish price targets are: 1.2.

Tweet this
Spineway 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 Spineway. The current mas is .

The long score for the Moving Averages is 1/14.
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 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

Spineway 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 Spineway. The current macd is -1.00578104.

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 Spineway price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Spineway. 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 Spineway 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
Spineway Daily Moving Average Convergence/Divergence (MACD) ChartSpineway 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 Spineway. The current adx is 7.42833605.

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 Spineway 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.
Spineway 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 Spineway. The current sar is 3.95047903.

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
Spineway 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 Spineway. The current rsi is 37.17. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Spineway Daily Relative Strength Index (RSI) ChartSpineway 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 Spineway. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Spineway price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Spineway Daily Stochastic Oscillator ChartSpineway 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 Spineway. The current cci is -81.92327482.

Spineway Daily Commodity Channel Index (CCI) ChartSpineway 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 Spineway. The current cmo is -33.77655354.

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
Spineway Daily Chande Momentum Oscillator (CMO) ChartSpineway 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 Spineway. The current willr is -98.34839716.

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
Spineway Daily Williams %R ChartSpineway 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 Spineway.

Spineway 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 Spineway. The current atr is 1.03276746.

Spineway Daily Average True Range (ATR) ChartSpineway 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 Spineway. The current obv is -971,146.

Spineway Daily On-Balance Volume (OBV) ChartSpineway 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 Spineway. The current mfi is 22.31.

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
Spineway Daily Money Flow Index (MFI) ChartSpineway Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Spineway.

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
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27DMI 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
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
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
2024-01-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15DMI 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
2024-03-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Spineway Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.170
Ma 20Greater thanMa 502.525
Ma 50Greater thanMa 1005.355
Ma 100Greater thanMa 20015.279
OpenGreater thanClose1.560
Total1/5 (20.0%)
Penke

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

  • Share my analysis of Spineway with someone you think should read this too:
  • Are you bullish or bearish on Spineway? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Spineway? 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 Spineway

I send you an email if I find something interesting about Spineway.


Comments

How you think about this?

Leave a comment

Stay informed about Spineway.

Receive notifications about Spineway in your mailbox!