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Andfjord Salmon AS
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Let's analyse Andfjord Salmon AS together

PenkeI guess you are interested in Andfjord Salmon AS. 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 Andfjord Salmon AS. 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 Andfjord Salmon AS (30 sec.)










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

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
kr17.58
Expected worth in 1 year
kr26.50
How sure are you?
43.8%

+ What do you gain per year?

Total Gains per Share
kr8.93
Return On Investment
23.1%

For what price can you sell your share?

Current Price per Share
kr38.70
Expected price per share
kr31.90 - kr40.90
How sure are you?
50%

1. Valuation of Andfjord Salmon AS (5 min.)




Live pricePrice per Share (EOD)

kr38.70

Intrinsic Value Per Share

kr25.96 - kr32.81

Total Value Per Share

kr43.54 - kr50.39

2. Growth of Andfjord Salmon AS (5 min.)




Is Andfjord Salmon AS growing?

Current yearPrevious yearGrowGrow %
How rich?$92.7m$38.9m$20.8m34.9%

How much money is Andfjord Salmon AS making?

Current yearPrevious yearGrowGrow %
Making money-$1.8m-$1m-$850.6k-44.9%
Net Profit Margin-6,587.0%-8,415.7%--

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

3. Financial Health of Andfjord Salmon AS (5 min.)




4. Comparing to competitors in the Farm Products industry (5 min.)




  Industry Rankings (Farm Products)  


Richest
#149 / 247

Most Revenue
#229 / 247

Most Profit
#184 / 247

Most Efficient
#244 / 247

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

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

What can you expect buying and holding a share of Andfjord Salmon AS?

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

Speculation

The Price per Share of Andfjord Salmon AS is kr38.70. 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 Andfjord Salmon AS.
  • 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 Andfjord Salmon AS, 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 kr17.58. Based on the TTM, the Book Value Change Per Share is kr2.23 per quarter. Based on the YOY, the Book Value Change Per Share is kr0.71 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 kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Andfjord Salmon AS.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps-0.05-0.1%-0.03-0.1%-0.020.0%-0.020.0%-0.020.0%
Usd Book Value Change Per Share0.581.5%0.210.5%0.070.2%0.100.3%0.100.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.581.5%0.210.5%0.070.2%0.100.3%0.100.3%
Usd Price Per Share2.78-3.32-3.95-3.54-3.54-
Price to Earnings Ratio-15.11--24.88--69.73--66.77--66.77-
Price-to-Total Gains Ratio4.76--69.83--26.76--165.15--165.15-
Price to Book Ratio1.71-3.57-7.63-6.10-6.10-
Price-to-Total Gains Ratio4.76--69.83--26.76--165.15--165.15-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.58362
Number of shares279
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.210.10
Usd Total Gains Per Share0.210.10
Gains per Quarter (279 shares)57.6528.38
Gains per Year (279 shares)230.61113.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102312210114104
204614520227218
306926830341332
409229140454446
50115311450568560
60138413760681674
70161416070795788
80184518380908902
9020762069010221016
10023062300011351130

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 Share0.04.00.00.0%0.012.00.00.0%0.016.00.00.0%0.016.00.00.0%0.016.00.00.0%
Book Value Change Per Share2.02.00.050.0%5.07.00.041.7%7.08.01.043.8%7.08.01.043.8%7.08.01.043.8%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.016.00.0%0.00.016.00.0%0.00.016.00.0%
Total Gains per Share2.02.00.050.0%5.07.00.041.7%7.08.01.043.8%7.08.01.043.8%7.08.01.043.8%

Fundamentals of Andfjord Salmon AS

About Andfjord Salmon AS

Andfjord Salmon AS engages in the land-based farming of Atlantic salmon in Norway. It holds a license to farm 10,000 tonnes of maximum allowed biomass. The company was incorporated in 2014 and is headquartered in Dverberg, Norway.

Fundamental data was last updated by Penke on 2024-03-09 07:17:02.

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 very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
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 Andfjord Salmon AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Andfjord Salmon AS earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Andfjord Salmon AS to the Farm Products industry mean.
  • A Net Profit Margin of -102.3% means that kr-1.02 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Andfjord Salmon AS:

  • The MRQ is -102.3%. The company is making a huge loss. -2
  • The TTM is -6,587.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-102.3%TTM-6,587.0%+6,484.6%
TTM-6,587.0%YOY-8,415.7%+1,828.8%
TTM-6,587.0%5Y-3,997.2%-2,589.7%
5Y-3,997.2%10Y-3,997.2%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-102.3%1.7%-104.0%
TTM-6,587.0%1.7%-6,588.7%
YOY-8,415.7%3.4%-8,419.1%
5Y-3,997.2%2.1%-3,999.3%
10Y-3,997.2%2.8%-4,000.0%
1.1.2. Return on Assets

Shows how efficient Andfjord Salmon AS is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Andfjord Salmon AS to the Farm Products industry mean.
  • -2.5% Return on Assets means that Andfjord Salmon AS generated kr-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Andfjord Salmon AS:

  • The MRQ is -2.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.5%TTM-2.6%+0.0%
TTM-2.6%YOY-2.0%-0.6%
TTM-2.6%5Y-2.1%-0.5%
5Y-2.1%10Y-2.1%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.5%0.5%-3.0%
TTM-2.6%0.6%-3.2%
YOY-2.0%1.2%-3.2%
5Y-2.1%0.7%-2.8%
10Y-2.1%1.0%-3.1%
1.1.3. Return on Equity

Shows how efficient Andfjord Salmon AS is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Andfjord Salmon AS to the Farm Products industry mean.
  • -2.8% Return on Equity means Andfjord Salmon AS generated kr-0.03 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Andfjord Salmon AS:

  • The MRQ is -2.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.8%TTM-3.3%+0.5%
TTM-3.3%YOY-2.7%-0.5%
TTM-3.3%5Y-2.5%-0.7%
5Y-2.5%10Y-2.5%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.8%1.0%-3.8%
TTM-3.3%1.4%-4.7%
YOY-2.7%2.3%-5.0%
5Y-2.5%1.4%-3.9%
10Y-2.5%1.9%-4.4%

1.2. Operating Efficiency of Andfjord Salmon AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Andfjord Salmon AS is operating .

  • Measures how much profit Andfjord Salmon AS makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Andfjord Salmon AS to the Farm Products industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Andfjord Salmon AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-7,141.5%+7,141.5%
TTM-7,141.5%YOY-7,887.7%+746.2%
TTM-7,141.5%5Y-3,989.7%-3,151.8%
5Y-3,989.7%10Y-3,989.7%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.7%-2.7%
TTM-7,141.5%2.1%-7,143.6%
YOY-7,887.7%4.9%-7,892.6%
5Y-3,989.7%4.0%-3,993.7%
10Y-3,989.7%3.4%-3,993.1%
1.2.2. Operating Ratio

Measures how efficient Andfjord Salmon AS is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm Products industry mean).
  • An Operation Ratio of 3.34 means that the operating costs are kr3.34 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Andfjord Salmon AS:

  • The MRQ is 3.337. The company is inefficient in keeping operating costs low. -1
  • The TTM is 116.705. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ3.337TTM116.705-113.368
TTM116.705YOY78.877+37.828
TTM116.7055Y51.514+65.190
5Y51.51410Y51.5140.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3371.604+1.733
TTM116.7051.550+115.155
YOY78.8771.448+77.429
5Y51.5141.530+49.984
10Y51.5141.244+50.270

1.3. Liquidity of Andfjord Salmon AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Andfjord Salmon AS is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Farm Products industry mean).
  • A Current Ratio of 14.19 means the company has kr14.19 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Andfjord Salmon AS:

  • The MRQ is 14.195. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.746. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ14.195TTM4.746+9.449
TTM4.746YOY4.136+0.609
TTM4.7465Y5.624-0.879
5Y5.62410Y5.6240.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ14.1951.577+12.618
TTM4.7461.611+3.135
YOY4.1361.687+2.449
5Y5.6241.696+3.928
10Y5.6241.468+4.156
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Andfjord Salmon AS to the Farm Products industry mean.
  • A Quick Ratio of 0.01 means the company can pay off kr0.01 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Andfjord Salmon AS:

  • The MRQ is 0.005. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.657. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.005TTM0.657-0.651
TTM0.657YOY3.903-3.246
TTM0.6575Y4.097-3.440
5Y4.09710Y4.0970.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0050.419-0.414
TTM0.6570.460+0.197
YOY3.9030.567+3.336
5Y4.0970.578+3.519
10Y4.0970.577+3.520

1.4. Solvency of Andfjord Salmon AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Andfjord Salmon AS assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Andfjord Salmon AS to Farm Products industry mean.
  • A Debt to Asset Ratio of 0.10 means that Andfjord Salmon AS assets are financed with 9.8% credit (debt) and the remaining percentage (100% - 9.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Andfjord Salmon AS:

  • The MRQ is 0.098. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.211. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.098TTM0.211-0.113
TTM0.211YOY0.286-0.075
TTM0.2115Y0.175+0.036
5Y0.17510Y0.1750.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0980.492-0.394
TTM0.2110.493-0.282
YOY0.2860.488-0.202
5Y0.1750.489-0.314
10Y0.1750.480-0.305
1.4.2. Debt to Equity Ratio

Measures if Andfjord Salmon AS is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Andfjord Salmon AS to the Farm Products industry mean.
  • A Debt to Equity ratio of 10.8% means that company has kr0.11 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Andfjord Salmon AS:

  • The MRQ is 0.108. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.275. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.108TTM0.275-0.167
TTM0.275YOY0.402-0.127
TTM0.2755Y0.229+0.046
5Y0.22910Y0.2290.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1080.931-0.823
TTM0.2750.978-0.703
YOY0.4020.960-0.558
5Y0.2291.021-0.792
10Y0.2291.062-0.833

2. Market Valuation of Andfjord Salmon AS

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Andfjord Salmon AS generates.

  • Above 15 is considered overpriced but always compare Andfjord Salmon AS to the Farm Products industry mean.
  • A PE ratio of -15.11 means the investor is paying kr-15.11 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Andfjord Salmon AS:

  • The EOD is -19.490. Based on the earnings, the company is expensive. -2
  • The MRQ is -15.109. Based on the earnings, the company is expensive. -2
  • The TTM is -24.885. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-19.490MRQ-15.109-4.382
MRQ-15.109TTM-24.885+9.776
TTM-24.885YOY-69.731+44.846
TTM-24.8855Y-66.771+41.887
5Y-66.77110Y-66.7710.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD-19.4906.644-26.134
MRQ-15.1097.386-22.495
TTM-24.8857.351-32.236
YOY-69.7316.965-76.696
5Y-66.7717.950-74.721
10Y-66.77112.928-79.699
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 35.561. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 27.567. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -6.024. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD35.561MRQ27.567+7.994
MRQ27.567TTM-6.024+33.591
TTM-6.024YOY-15.940+9.916
TTM-6.0245Y-12.766+6.742
5Y-12.76610Y-12.7660.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD35.5611.830+33.731
MRQ27.5671.901+25.666
TTM-6.024-0.333-5.691
YOY-15.940-0.462-15.478
5Y-12.766-1.941-10.825
10Y-12.766-1.618-11.148
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Farm Products industry mean).
  • A PB ratio of 1.71 means the investor is paying kr1.71 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Andfjord Salmon AS:

  • The EOD is 2.202. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.707. Based on the equity, the company is underpriced. +1
  • The TTM is 3.566. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.202MRQ1.707+0.495
MRQ1.707TTM3.566-1.860
TTM3.566YOY7.628-4.062
TTM3.5665Y6.103-2.536
5Y6.10310Y6.1030.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD2.2021.295+0.907
MRQ1.7071.374+0.333
TTM3.5661.380+2.186
YOY7.6281.650+5.978
5Y6.1031.760+4.343
10Y6.1032.132+3.971
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Andfjord Salmon AS 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--6.2962.232+182%0.711+786%1.099+473%1.099+473%
Book Value Per Share--17.57711.331+55%6.709+162%6.959+153%6.959+153%
Current Ratio--14.1954.746+199%4.136+243%5.624+152%5.624+152%
Debt To Asset Ratio--0.0980.211-54%0.286-66%0.175-44%0.175-44%
Debt To Equity Ratio--0.1080.275-61%0.402-73%0.229-53%0.229-53%
Dividend Per Share----0%-0%-0%-0%
Eps---0.496-0.377-24%-0.178-64%-0.191-62%-0.191-62%
Free Cash Flow Per Share--0.272-0.758+378%-0.991+464%-0.803+395%-0.803+395%
Free Cash Flow To Equity Per Share--0.2720.008+3131%0.177+53%-0.002+101%-0.002+101%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--32.809--------
Intrinsic Value_10Y_min--25.959--------
Intrinsic Value_1Y_max---2.504--------
Intrinsic Value_1Y_min---2.463--------
Intrinsic Value_3Y_max---3.110--------
Intrinsic Value_3Y_min---3.058--------
Intrinsic Value_5Y_max--1.606--------
Intrinsic Value_5Y_min--1.111--------
Market Cap2206132200.000+22%1710238590.0002043679747.500-16%2966624350.000-42%2310536126.875-26%2310536126.875-26%
Net Profit Margin---1.023-65.870+6337%-84.157+8124%-39.972+3806%-39.972+3806%
Operating Margin----71.4150%-78.8770%-39.8970%-39.8970%
Operating Ratio--3.337116.705-97%78.877-96%51.514-94%51.514-94%
Pb Ratio2.202+22%1.7073.566-52%7.628-78%6.103-72%6.103-72%
Pe Ratio-19.490-29%-15.109-24.885+65%-69.731+362%-66.771+342%-66.771+342%
Price Per Share38.700+22%30.00035.850-16%42.675-30%38.190-21%38.190-21%
Price To Free Cash Flow Ratio35.561+22%27.567-6.024+122%-15.940+158%-12.766+146%-12.766+146%
Price To Total Gains Ratio6.147+22%4.765-69.834+1566%-26.764+662%-165.147+3566%-165.147+3566%
Quick Ratio--0.0050.657-99%3.903-100%4.097-100%4.097-100%
Return On Assets---0.025-0.026+1%-0.020-23%-0.021-19%-0.021-19%
Return On Equity---0.028-0.033+17%-0.027-3%-0.025-10%-0.025-10%
Total Gains Per Share--6.2962.232+182%0.711+786%1.099+473%1.099+473%
Usd Book Value--92785755.60059813650.450+55%38933002.632+138%37613271.929+147%37613271.929+147%
Usd Book Value Change Per Share--0.5830.207+182%0.066+786%0.102+473%0.102+473%
Usd Book Value Per Share--1.6281.049+55%0.621+162%0.644+153%0.644+153%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.046-0.035-24%-0.016-64%-0.018-62%-0.018-62%
Usd Free Cash Flow--1436226.000-3999356.335+378%-7436155.863+618%-4791604.675+434%-4791604.675+434%
Usd Free Cash Flow Per Share--0.025-0.070+378%-0.092+464%-0.074+395%-0.074+395%
Usd Free Cash Flow To Equity Per Share--0.0250.001+3131%0.016+53%0.000+101%0.000+101%
Usd Market Cap204287841.720+22%158368093.434189244744.619-16%274709414.810-42%213955645.349-26%213955645.349-26%
Usd Price Per Share3.584+22%2.7783.320-16%3.952-30%3.536-21%3.536-21%
Usd Profit---2620487.400-1894819.629-28%-1044201.145-60%-1009146.454-61%-1009146.454-61%
Usd Revenue--2560667.800864872.425+196%729.225+351049%226996.515+1028%226996.515+1028%
Usd Total Gains Per Share--0.5830.207+182%0.066+786%0.102+473%0.102+473%
 EOD+5 -3MRQTTM+23 -9YOY+21 -115Y+21 -1110Y+21 -11

3.2. Fundamental Score

Let's check the fundamental score of Andfjord Salmon AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-19.490
Price to Book Ratio (EOD)Between0-12.202
Net Profit Margin (MRQ)Greater than0-1.023
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.005
Current Ratio (MRQ)Greater than114.195
Debt to Asset Ratio (MRQ)Less than10.098
Debt to Equity Ratio (MRQ)Less than10.108
Return on Equity (MRQ)Greater than0.15-0.028
Return on Assets (MRQ)Greater than0.05-0.025
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Andfjord Salmon AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.905
Ma 20Greater thanMa 5036.270
Ma 50Greater thanMa 10032.752
Ma 100Greater thanMa 20030.690
OpenGreater thanClose38.300
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets1,110,529
Total Liabilities108,523
Total Stockholder Equity1,002,006
 As reported
Total Liabilities 108,523
Total Stockholder Equity+ 1,002,006
Total Assets = 1,110,529

Assets

Total Assets1,110,529
Total Current Assets533,629
Long-term Assets576,900
Total Current Assets
Cash And Cash Equivalents 526,279
Net Receivables 201
Inventory 2,031
Other Current Assets 5,118
Total Current Assets  (as reported)533,629
Total Current Assets  (calculated)533,629
+/-0
Long-term Assets
Property Plant Equipment 563,593
Long-term Assets Other 62
Long-term Assets  (as reported)576,900
Long-term Assets  (calculated)563,655
+/- 13,245

Liabilities & Shareholders' Equity

Total Current Liabilities37,593
Long-term Liabilities70,930
Total Stockholder Equity1,002,006
Total Current Liabilities
Short Long Term Debt 8,166
Accounts payable 19,062
Other Current Liabilities 5,821
Total Current Liabilities  (as reported)37,593
Total Current Liabilities  (calculated)33,049
+/- 4,544
Long-term Liabilities
Long term Debt 60,834
Capital Lease Obligations Min Short Term Debt14,639
Long-term Liabilities Other 1
Long-term Liabilities  (as reported)70,930
Long-term Liabilities  (calculated)75,474
+/- 4,544
Total Stockholder Equity
Total Stockholder Equity (as reported)1,002,006
Total Stockholder Equity (calculated)0
+/- 1,002,006
Other
Common Stock Shares Outstanding 57,008
Net Invested Capital 69,000
Net Working Capital 496,036
Property Plant and Equipment Gross 563,593



Balance Sheet

Currency in NOK. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
0
151,680
0
311,394
298,689
391,676
388,263
417,250
425,287
480,368
495,195
717,715
649,358
635,731
624,591
840,924
1,110,529
1,110,529840,924624,591635,731649,358717,715495,195480,368425,287417,250388,263391,676298,689311,3940151,6800
   > Total Current Assets 
0
96,293
186,143
186,143
139,017
166,455
109,087
85,414
51,637
48,591
46,657
221,929
142,239
106,161
92,618
287,678
533,629
533,629287,67892,618106,161142,239221,92946,65748,59151,63785,414109,087166,455139,017186,143186,14396,2930
       Cash And Cash Equivalents 
0
93,588
0
175,338
126,787
148,308
88,795
61,862
36,426
13,864
18,872
191,191
117,121
82,911
53,521
94,698
526,279
526,27994,69853,52182,911117,121191,19118,87213,86436,42661,86288,795148,308126,787175,338093,5880
       Net Receivables 
0
0
7,755
7,755
9,181
17,609
20,291
23,552
15,211
33,673
27,785
24,064
14,616
5,838
0
10,987
201
20110,98705,83814,61624,06427,78533,67315,21123,55220,29117,6099,1817,7557,75500
       Other Current Assets 
0
2,705
3,050
10,805
12,231
18,147
20,291
23,552
15,211
34,727
0
0
0
113
11,271
152,157
5,118
5,118152,15711,27111300034,72715,21123,55220,29118,14712,23110,8053,0502,7050
   > Long-term Assets 
0
55,387
0
125,250
159,671
225,221
279,177
331,836
373,650
431,777
448,538
495,787
507,119
529,570
531,973
553,246
576,900
576,900553,246531,973529,570507,119495,787448,538431,777373,650331,836279,177225,221159,671125,250055,3870
       Property Plant Equipment 
0
54,828
124,381
124,101
158,108
223,842
277,699
330,237
371,916
428,954
445,672
492,082
500,878
520,925
521,215
540,605
563,593
563,593540,605521,215520,925500,878492,082445,672428,954371,916330,237277,699223,842158,108124,101124,38154,8280
       Intangible Assets 
0
529
0
870
1,115
1,220
1,327
1,458
1,601
2,699
2,751
3,739
6,144
8,556
10,678
12,570
0
012,57010,6788,5566,1443,7392,7512,6991,6011,4581,3271,2201,11587005290
       Other Assets 
0
0
0
280
168
159
151
1,599
133
863,553
115
1,993
97
89
80
71
0
0718089971,993115863,5531331,599151159168280000
> Total Liabilities 
0
4,869
0
28,255
19,820
37,539
38,264
74,535
94,228
157,095
144,725
202,810
156,235
160,027
161,619
197,863
108,523
108,523197,863161,619160,027156,235202,810144,725157,09594,22874,53538,26437,53919,82028,25504,8690
   > Total Current Liabilities 
0
4,869
28,255
28,255
19,820
33,461
19,186
40,457
29,977
58,425
45,753
57,442
13,133
79,356
82,752
123,419
37,593
37,593123,41982,75279,35613,13357,44245,75358,42529,97740,45719,18633,46119,82028,25528,2554,8690
       Short-term Debt 
0
473
0
0
0
0
0
0
0
0
0
0
0
0
0
51,251
0
051,25100000000000004730
       Short Long Term Debt 
0
473
0
0
0
0
0
0
0
0
0
0
0
56,168
56,168
59,417
8,166
8,16659,41756,16856,168000000000004730
       Accounts payable 
0
4,145
26,824
26,824
18,950
29,789
17,194
38,666
28,360
49,690
43,254
56,024
10,981
10,361
17,102
45,461
19,062
19,06245,46117,10210,36110,98156,02443,25449,69028,36038,66617,19429,78918,95026,82426,8244,1450
       Other Current Liabilities 
0
252
846
1,431
870
3,672
1,992
1,791
1,616
8,735
2,499
1,419
2,152
8,144
4,775
14,027
5,821
5,82114,0274,7758,1442,1521,4192,4998,7351,6161,7911,9923,6728701,4318462520
   > Long-term Liabilities 
0
0
0
0
0
4,078
19,078
34,078
64,251
98,670
98,972
145,368
143,103
80,671
78,867
74,444
70,930
70,93074,44478,86780,671143,103145,36898,97298,67064,25134,07819,0784,07800000
       Long term Debt Total 
0
0
0
0
0
0
15,000
30,000
35,125
39,478
39,406
85,426
84,148
80,671
78,867
74,444
0
074,44478,86780,67184,14885,42639,40639,47835,12530,00015,000000000
       Other Liabilities 
0
0
0
0
0
4,078
4,078
4,078
29,126
59,192
59,567
59,942
58,954
0
0
0
0
000058,95459,94259,56759,19229,1264,0784,0784,07800000
       Deferred Long Term Liability 
0
0
0
0
168
0
0
1,458
0
1,671
0
1,886
0
0
0
0
0
000001,88601,67101,458001680000
> Total Stockholder Equity
0
146,810
0
283,139
278,869
354,137
349,999
342,715
331,060
323,273
350,470
514,905
493,123
475,704
462,972
643,061
1,002,006
1,002,006643,061462,972475,704493,123514,905350,470323,273331,060342,715349,999354,137278,869283,1390146,8100
   Common Stock
0
29,874
33,624
33,624
33,624
35,792
35,792
35,874
331,060
35,934
350,470
36,894
493,123
41,039
0
46,961
0
046,961041,039493,12336,894350,47035,934331,06035,87435,79235,79233,62433,62433,62429,8740
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 00000000000-6960-4840-3250
   Capital Surplus 
0
0
0
246,466
0
318,345
311,155
307,025
0
287,524
0
304,337
0
557,413
0
748,286
0
0748,2860557,4130304,3370287,5240307,025311,155318,3450246,466000
   Treasury Stock0000000-50-50000000
   Other Stockholders Equity 
0
117,261
3,050
249,998
245,245
319,041
314,207
307,020
331,060
287,339
350,470
173,859
493,123
2,690
462,972
5,566
0
05,566462,9722,690493,123173,859350,470287,339331,060307,020314,207319,041245,245249,9983,050117,2610



Balance Sheet

Currency in NOK. All numbers in thousands.




Cash Flow

Currency in NOK. All numbers in thousands.




Income Statement

Currency in NOK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue37,278
Cost of Revenue-35,646
Gross Profit1,6321,632
 
Operating Income (+$)
Gross Profit1,632
Operating Expense-115,660
Operating Income-78,382-114,028
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense115,6600
 
Net Interest Income (+$)
Interest Income1,787
Interest Expense-1,470
Other Finance Cost-820
Net Interest Income-503
 
Pretax Income (+$)
Operating Income-78,382
Net Interest Income-503
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-78,919-78,382
EBIT - interestExpense = -1,470
-78,918
-77,448
Interest Expense1,470
Earnings Before Interest and Taxes (EBIT)--77,449
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-78,919
Tax Provision--
Net Income From Continuing Ops-78,919-78,919
Net Income-78,918
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-503
 

Technical Analysis of Andfjord Salmon AS
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 Andfjord Salmon AS. The general trend of Andfjord Salmon AS is BULLISH with 71.4% 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 Andfjord Salmon AS'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 (71.4%) Bearish trend (-71.4%)
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 Andfjord Salmon AS.

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: 39.20 < 39.60 < 40.90.

The bearish price targets are: 36.00 > 34.20 > 31.90.

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Andfjord Salmon AS 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 Andfjord Salmon AS. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

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

Directionalities and relatives.

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

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

Andfjord Salmon AS 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 Andfjord Salmon AS. The current macd is 1.54803997.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Andfjord Salmon AS price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Andfjord Salmon AS. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Andfjord Salmon AS price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Andfjord Salmon AS Daily Moving Average Convergence/Divergence (MACD) ChartAndfjord Salmon AS 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 Andfjord Salmon AS. The current adx is 42.46.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Andfjord Salmon AS shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Andfjord Salmon AS 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 Andfjord Salmon AS. The current sar is 39.32.

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
Andfjord Salmon AS 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 Andfjord Salmon AS. The current rsi is 67.91. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Andfjord Salmon AS Daily Relative Strength Index (RSI) ChartAndfjord Salmon AS 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 Andfjord Salmon AS. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • 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 Andfjord Salmon AS price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Andfjord Salmon AS Daily Stochastic Oscillator ChartAndfjord Salmon AS 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 Andfjord Salmon AS. The current cci is 94.41.

Andfjord Salmon AS Daily Commodity Channel Index (CCI) ChartAndfjord Salmon AS 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 Andfjord Salmon AS. The current cmo is 37.93.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Andfjord Salmon AS Daily Chande Momentum Oscillator (CMO) ChartAndfjord Salmon AS 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 Andfjord Salmon AS. The current willr is -21.42857143.

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

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

Andfjord Salmon AS 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 Andfjord Salmon AS. The current atr is 1.10352647.

Andfjord Salmon AS Daily Average True Range (ATR) ChartAndfjord Salmon AS 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 Andfjord Salmon AS. The current obv is -4,070,275.

Andfjord Salmon AS Daily On-Balance Volume (OBV) ChartAndfjord Salmon AS 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 Andfjord Salmon AS. The current mfi is 68.96.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Andfjord Salmon AS Daily Money Flow Index (MFI) ChartAndfjord Salmon AS Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Andfjord Salmon AS.

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
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-10MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Andfjord Salmon AS Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Andfjord Salmon AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.905
Ma 20Greater thanMa 5036.270
Ma 50Greater thanMa 10032.752
Ma 100Greater thanMa 20030.690
OpenGreater thanClose38.300
Total3/5 (60.0%)
Penke

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