25 XP   0   0   10

Acerinox SA ADR
Buy, Hold or Sell?

Let's analyse Acerinox together

PenkeI guess you are interested in Acerinox SA ADR. 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 Acerinox SA ADR. 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 Acerinox SA ADR

I send you an email if I find something interesting about Acerinox SA ADR.

Quick analysis of Acerinox (30 sec.)










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

How much money do you get?

How much money do you get?
$0.85
When do you have the money?
1 year
How often do you get paid?
75.0%

What is your share worth?

Current worth
$6.06
Expected worth in 1 year
$5.73
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
$0.52
Return On Investment
9.5%

For what price can you sell your share?

Current Price per Share
$5.46
Expected price per share
$5.23 - $5.6
How sure are you?
50%

1. Valuation of Acerinox (5 min.)




Live pricePrice per Share (EOD)

$5.46

Intrinsic Value Per Share

$12.08 - $36.28

Total Value Per Share

$18.13 - $42.34

2. Growth of Acerinox (5 min.)




Is Acerinox growing?

Current yearPrevious yearGrowGrow %
How rich?$3b$2.8b$17m0.6%

How much money is Acerinox making?

Current yearPrevious yearGrowGrow %
Making money$44m$254.4m-$210.3m-478.1%
Net Profit Margin2.3%10.4%--

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

3. Financial Health of Acerinox (5 min.)




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




  Industry Rankings (Steel)  


Richest
#51 / 330

Most Revenue
#59 / 330

Most Profit
#68 / 330

Most Efficient
#181 / 330

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

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

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

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

Speculation

The Price per Share of Acerinox is $5.46. 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 Acerinox.
  • 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 Acerinox, 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 $6.06. Based on the TTM, the Book Value Change Per Share is $-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is $0.62 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 $0.21 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Acerinox.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.152.8%0.091.6%0.488.8%0.152.8%0.101.9%
Usd Book Value Change Per Share0.295.3%-0.08-1.5%0.6211.3%0.101.8%0.061.2%
Usd Dividend Per Share0.163.0%0.213.9%0.254.6%0.203.6%0.132.4%
Usd Total Gains Per Share0.458.2%0.132.4%0.8715.9%0.295.4%0.203.6%
Usd Price Per Share4.85-5.02-5.22-4.85-4.48-
Price to Earnings Ratio7.98-3.39-3.01-9.96-405.03-
Price-to-Total Gains Ratio10.79-9.83-7.52-8.06--38.98-
Price to Book Ratio0.80-0.89-1.02-1.12-1.10-
Price-to-Total Gains Ratio10.79-9.83-7.52-8.06--38.98-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.46
Number of shares183
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.210.20
Usd Book Value Change Per Share-0.080.10
Usd Total Gains Per Share0.130.29
Gains per Quarter (183 shares)23.6753.49
Gains per Year (183 shares)94.70213.97
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1155-608514371204
2310-120180287141418
3464-180275430212632
4619-240370573283846
5774-3014657163541060
6929-3615608604241274
71084-42165510034951488
81238-48175011465661702
91393-54184512896361916
101548-60194014337072130

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 Share3.01.00.075.0%11.01.00.091.7%17.03.00.085.0%34.06.00.085.0%45.012.00.078.9%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%13.07.00.065.0%24.016.00.060.0%31.025.01.054.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.01.095.0%30.00.010.075.0%36.00.021.063.2%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%28.012.00.070.0%36.020.01.063.2%

Fundamentals of Acerinox

About Acerinox SA ADR

Acerinox, S.A., together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the Americas, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil, slabs, billets, and plates. It provides long products, which include steel and color coated wires, hexagonal wire rods, peeled, bars, hot and cold reinforcement bars, black bars, and steel profiles. In additions, it offers stainless steel grades, such as austenitic, ferritic, duplex, martensitic, and welding. Acerinox, S.A. was incorporated in 1970 and is headquartered in Madrid, Spain.

Fundamental data was last updated by Penke on 2024-03-07 00:06:05.

Financial Health

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

Valuation

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

1.1. Profitability of Acerinox SA ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Acerinox earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Acerinox to the Steel industry mean.
  • A Net Profit Margin of 4.5% means that $0.04 for each $1 in revenue is generated as profit.

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

  • The MRQ is 4.5%. The company is making a profit. +1
  • The TTM is 2.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.5%TTM2.3%+2.2%
TTM2.3%YOY10.4%-8.1%
TTM2.3%5Y2.9%-0.5%
5Y2.9%10Y2.7%+0.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5%2.7%+1.8%
TTM2.3%2.9%-0.6%
YOY10.4%4.8%+5.6%
5Y2.9%3.5%-0.6%
10Y2.7%2.9%-0.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Acerinox to the Steel industry mean.
  • 1.1% Return on Assets means that Acerinox generated $0.01 profit for each $1 in assets.

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

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM0.6%+0.5%
TTM0.6%YOY3.4%-2.8%
TTM0.6%5Y1.0%-0.4%
5Y1.0%10Y0.9%+0.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%1.1%0.0%
TTM0.6%1.1%-0.5%
YOY3.4%1.9%+1.5%
5Y1.0%1.3%-0.3%
10Y0.9%1.0%-0.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Acerinox to the Steel industry mean.
  • 2.6% Return on Equity means Acerinox generated $0.03 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 2.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM1.5%+1.1%
TTM1.5%YOY9.3%-7.8%
TTM1.5%5Y2.9%-1.4%
5Y2.9%10Y2.4%+0.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%2.2%+0.4%
TTM1.5%2.1%-0.6%
YOY9.3%3.9%+5.4%
5Y2.9%2.4%+0.5%
10Y2.4%1.8%+0.6%

1.2. Operating Efficiency of Acerinox SA ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Acerinox is operating .

  • Measures how much profit Acerinox 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 Acerinox to the Steel industry mean.
  • An Operating Margin of 1.7% means the company generated $0.02  for each $1 in revenue (before taxes).

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

  • The MRQ is 1.7%. The company is operating less efficient.
  • The TTM is -1.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ1.7%TTM-1.6%+3.4%
TTM-1.6%YOY13.2%-14.8%
TTM-1.6%5Y3.9%-5.6%
5Y3.9%10Y3.2%+0.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%5.9%-4.2%
TTM-1.6%3.4%-5.0%
YOY13.2%6.2%+7.0%
5Y3.9%5.6%-1.7%
10Y3.2%4.1%-0.9%
1.2.2. Operating Ratio

Measures how efficient Acerinox is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of -0.05 means that the operating costs are $-0.05 for each $1 in net sales.

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

  • The MRQ is -0.049.
  • The TTM is 0.316. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ-0.049TTM0.316-0.364
TTM0.316YOY-0.896+1.212
TTM0.3165Y-0.283+0.599
5Y-0.28310Y0.077-0.360
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.0491.706-1.755
TTM0.3161.645-1.329
YOY-0.8961.488-2.384
5Y-0.2831.527-1.810
10Y0.0771.306-1.229

1.3. Liquidity of Acerinox SA ADR.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 2.30 means the company has $2.30 in assets for each $1 in short-term debts.

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

  • The MRQ is 2.302. The company is able to pay all its short-term debts. +1
  • The TTM is 2.266. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.302TTM2.266+0.036
TTM2.266YOY1.967+0.300
TTM2.2665Y2.014+0.253
5Y2.01410Y1.852+0.162
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3021.669+0.633
TTM2.2661.736+0.530
YOY1.9671.669+0.298
5Y2.0141.615+0.399
10Y1.8521.436+0.416
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Acerinox to the Steel industry mean.
  • A Quick Ratio of 1.26 means the company can pay off $1.26 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 1.255. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.168. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.255TTM1.168+0.087
TTM1.168YOY1.044+0.124
TTM1.1685Y1.118+0.050
5Y1.11810Y0.889+0.229
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2550.612+0.643
TTM1.1680.647+0.521
YOY1.0440.717+0.327
5Y1.1180.693+0.425
10Y0.8890.633+0.256

1.4. Solvency of Acerinox SA ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Acerinox to Steel industry mean.
  • A Debt to Asset Ratio of 0.58 means that Acerinox assets are financed with 57.5% credit (debt) and the remaining percentage (100% - 57.5%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.575. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.593. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.575TTM0.593-0.018
TTM0.593YOY0.620-0.027
TTM0.5935Y0.608-0.015
5Y0.60810Y0.582+0.026
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5750.447+0.128
TTM0.5930.449+0.144
YOY0.6200.477+0.143
5Y0.6080.487+0.121
10Y0.5820.510+0.072
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Acerinox to the Steel industry mean.
  • A Debt to Equity ratio of 138.7% means that company has $1.39 debt for each $1 in shareholders equity.

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

  • The MRQ is 1.387. The company is able to pay all its debts with equity. +1
  • The TTM is 1.498. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.387TTM1.498-0.111
TTM1.498YOY1.677-0.179
TTM1.4985Y1.617-0.119
5Y1.61710Y1.476+0.141
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3870.812+0.575
TTM1.4980.850+0.648
YOY1.6770.938+0.739
5Y1.6170.997+0.620
10Y1.4761.192+0.284

2. Market Valuation of Acerinox SA ADR

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 Acerinox generates.

  • Above 15 is considered overpriced but always compare Acerinox to the Steel industry mean.
  • A PE ratio of 7.98 means the investor is paying $7.98 for every $1 in earnings.

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

  • The EOD is 8.982. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.980. Based on the earnings, the company is underpriced. +1
  • The TTM is 3.390. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.982MRQ7.980+1.002
MRQ7.980TTM3.390+4.590
TTM3.390YOY3.006+0.384
TTM3.3905Y9.960-6.570
5Y9.96010Y405.032-395.072
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD8.9828.425+0.557
MRQ7.9807.908+0.072
TTM3.3907.165-3.775
YOY3.0066.986-3.980
5Y9.9608.371+1.589
10Y405.03211.042+393.990
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 2.110. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.874. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -2.672. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD2.110MRQ1.874+0.235
MRQ1.874TTM-2.672+4.546
TTM-2.672YOY56.915-59.586
TTM-2.6725Y14.177-16.849
5Y14.17710Y10.240+3.937
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD2.1103.044-0.934
MRQ1.8742.954-1.080
TTM-2.6722.082-4.754
YOY56.9151.470+55.445
5Y14.1770.910+13.267
10Y10.2401.538+8.702
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.80 means the investor is paying $0.80 for each $1 in book value.

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

  • The EOD is 0.902. Based on the equity, the company is cheap. +2
  • The MRQ is 0.801. Based on the equity, the company is cheap. +2
  • The TTM is 0.893. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.902MRQ0.801+0.101
MRQ0.801TTM0.893-0.092
TTM0.893YOY1.017-0.124
TTM0.8935Y1.124-0.232
5Y1.12410Y1.097+0.027
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD0.9021.005-0.103
MRQ0.8010.953-0.152
TTM0.8930.958-0.065
YOY1.0171.077-0.060
5Y1.1241.064+0.060
10Y1.0971.127-0.030
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.287-0.082+129%0.615-53%0.097+197%0.064+352%
Book Value Per Share--6.0555.639+7%5.376+13%4.493+35%4.176+45%
Current Ratio--2.3022.266+2%1.967+17%2.014+14%1.852+24%
Debt To Asset Ratio--0.5750.593-3%0.620-7%0.608-5%0.582-1%
Debt To Equity Ratio--1.3871.498-7%1.677-17%1.617-14%1.476-6%
Dividend Per Share--0.1630.211-23%0.254-36%0.196-17%0.132+23%
Eps--0.1520.088+72%0.479-68%0.151+0%0.105+45%
Free Cash Flow Per Share--0.6470.317+104%0.096+571%0.132+388%0.097+570%
Free Cash Flow To Equity Per Share--0.4840.378+28%0.129+274%0.184+163%0.108+347%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--36.283--------
Intrinsic Value_10Y_min--12.079--------
Intrinsic Value_1Y_max--1.215--------
Intrinsic Value_1Y_min--0.530--------
Intrinsic Value_3Y_max--5.494--------
Intrinsic Value_3Y_min--2.191--------
Intrinsic Value_5Y_max--11.999--------
Intrinsic Value_5Y_min--4.496--------
Market Cap2720368560.000+11%2416943010.6362553979839.269-5%2780873986.047-13%2593077495.357-7%2412768403.188+0%
Net Profit Margin--0.0450.023+92%0.104-57%0.029+58%0.027+64%
Operating Margin--0.017-0.016+194%0.132-87%0.039-56%0.032-46%
Operating Ratio---0.0490.316-115%-0.896+1736%-0.283+481%0.077-163%
Pb Ratio0.902+11%0.8010.893-10%1.017-21%1.124-29%1.097-27%
Pe Ratio8.982+11%7.9803.390+135%3.006+165%9.960-20%405.032-98%
Price Per Share5.460+11%4.8515.022-3%5.218-7%4.848+0%4.478+8%
Price To Free Cash Flow Ratio2.110+11%1.874-2.672+243%56.915-97%14.177-87%10.240-82%
Price To Total Gains Ratio12.140+11%10.7869.830+10%7.522+43%8.058+34%-38.982+461%
Quick Ratio--1.2551.168+7%1.044+20%1.118+12%0.889+41%
Return On Assets--0.0110.006+81%0.034-69%0.010+5%0.009+17%
Return On Equity--0.0260.015+73%0.093-72%0.029-11%0.024+6%
Total Gains Per Share--0.4500.129+248%0.869-48%0.292+54%0.196+129%
Usd Book Value--3016861300.0002865836238.975+5%2848789187.825+6%2391618201.785+26%2240787981.973+35%
Usd Book Value Change Per Share--0.287-0.082+129%0.615-53%0.097+197%0.064+352%
Usd Book Value Per Share--6.0555.639+7%5.376+13%4.493+35%4.176+45%
Usd Dividend Per Share--0.1630.211-23%0.254-36%0.196-17%0.132+23%
Usd Eps--0.1520.088+72%0.479-68%0.151+0%0.105+45%
Usd Free Cash Flow--322346600.000161814207.250+99%53124450.400+507%69791013.575+362%51650093.300+524%
Usd Free Cash Flow Per Share--0.6470.317+104%0.096+571%0.132+388%0.097+570%
Usd Free Cash Flow To Equity Per Share--0.4840.378+28%0.129+274%0.184+163%0.108+347%
Usd Market Cap2720368560.000+11%2416943010.6362553979839.269-5%2780873986.047-13%2593077495.357-7%2412768403.188+0%
Usd Price Per Share5.460+11%4.8515.022-3%5.218-7%4.848+0%4.478+8%
Usd Profit--75719000.00044007341.950+72%254405293.425-70%74324418.275+2%56889063.868+33%
Usd Revenue--1684206900.0001831166932.425-8%2415764936.800-30%1667131075.630+1%1295480805.970+30%
Usd Total Gains Per Share--0.4500.129+248%0.869-48%0.292+54%0.196+129%
 EOD+4 -4MRQTTM+27 -8YOY+16 -195Y+27 -810Y+33 -2

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.982
Price to Book Ratio (EOD)Between0-10.902
Net Profit Margin (MRQ)Greater than00.045
Operating Margin (MRQ)Greater than00.017
Quick Ratio (MRQ)Greater than11.255
Current Ratio (MRQ)Greater than12.302
Debt to Asset Ratio (MRQ)Less than10.575
Debt to Equity Ratio (MRQ)Less than11.387
Return on Equity (MRQ)Greater than0.150.026
Return on Assets (MRQ)Greater than0.050.011
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.719
Ma 20Greater thanMa 505.280
Ma 50Greater thanMa 1005.375
Ma 100Greater thanMa 2005.408
OpenGreater thanClose5.460
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets6,568,000
Total Liabilities3,779,000
Total Stockholder Equity2,725,556
 As reported
Total Liabilities 3,779,000
Total Stockholder Equity+ 2,725,556
Total Assets = 6,568,000

Assets

Total Assets6,568,000
Total Current Assets4,627,000
Long-term Assets1,941,000
Total Current Assets
Cash And Cash Equivalents 1,750,000
Short-term Investments 63,000
Net Receivables 647,000
Inventory 2,071,000
Other Current Assets 96,000
Total Current Assets  (as reported)4,627,000
Total Current Assets  (calculated)4,627,000
+/-0
Long-term Assets
Long-term Assets  (as reported)1,941,000
Long-term Assets  (calculated)0
+/- 1,941,000

Liabilities & Shareholders' Equity

Total Current Liabilities2,010,000
Long-term Liabilities1,769,000
Total Stockholder Equity2,725,556
Total Current Liabilities
Short-term Debt 907,000
Short Long Term Debt 907,000
Accounts payable 826,000
Other Current Liabilities 277,000
Total Current Liabilities  (as reported)2,010,000
Total Current Liabilities  (calculated)2,917,000
+/- 907,000
Long-term Liabilities
Long term Debt 1,343,000
Long-term Liabilities Other 426,000
Long-term Liabilities  (as reported)1,769,000
Long-term Liabilities  (calculated)1,769,000
+/-0
Total Stockholder Equity
Common Stock2,789,000
Other Stockholders Equity -63,444
Total Stockholder Equity (as reported)2,725,556
Total Stockholder Equity (calculated)2,725,556
+/-0
Other
Cash and Short Term Investments 1,813,000
Common Stock Shares Outstanding 498,236
Liabilities and Stockholders Equity 6,504,556
Net Debt 500,000
Net Invested Capital 2,250,000
Net Working Capital 2,617,000
Short Long Term Debt Total 2,250,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-03-31
> Total Assets 
0
3,617,789
3,941,310
4,550,292
4,398,300
4,240,360
4,362,350
4,115,084
4,065,420
4,071,222
4,334,200
4,307,486
4,248,030
4,215,634
4,182,990
4,181,762
3,948,450
3,990,970
3,966,810
4,102,506
4,256,540
4,429,553
4,600,010
4,548,933
4,312,930
4,125,672
3,947,940
4,236,018
4,297,370
4,455,048
4,700,830
4,448,427
4,229,670
4,404,012
4,476,190
4,734,810
4,763,000
4,607,590
4,739,000
4,716,678
4,836,000
4,396,797
4,973,900
5,238,923
5,123,910
4,733,109
5,099,034
5,348,249
5,607,000
5,984,222
6,753,178
7,494,212
7,448,000
6,318,147
6,562,000
6,587,900
6,568,000
6,568,0006,587,9006,562,0006,318,1477,448,0007,494,2126,753,1785,984,2225,607,0005,348,2495,099,0344,733,1095,123,9105,238,9234,973,9004,396,7974,836,0004,716,6784,739,0004,607,5904,763,0004,734,8104,476,1904,404,0124,229,6704,448,4274,700,8304,455,0484,297,3704,236,0183,947,9404,125,6724,312,9304,548,9334,600,0104,429,5534,256,5404,102,5063,966,8103,990,9703,948,4504,181,7624,182,9904,215,6344,248,0304,307,4864,334,2004,071,2224,065,4204,115,0844,362,3504,240,3604,398,3004,550,2923,941,3103,617,7890
   > Total Current Assets 
0
1,615,725
1,849,540
2,269,587
2,142,090
2,004,793
2,186,850
1,996,366
1,921,400
1,819,784
2,076,250
2,009,892
1,926,870
1,907,464
1,861,520
1,898,206
1,675,860
1,790,904
1,797,800
1,932,878
2,048,980
2,159,123
2,226,690
2,186,348
2,002,210
1,808,142
1,718,760
1,983,581
2,034,380
2,097,514
2,389,540
2,264,136
2,082,630
2,256,394
2,387,430
2,603,529
2,644,000
2,473,817
2,589,000
2,572,424
2,644,000
2,463,464
2,744,790
3,011,813
2,958,230
2,663,575
3,038,000
3,287,768
3,553,000
3,916,795
4,739,000
5,382,468
5,250,000
4,415,719
4,660,000
4,685,949
4,627,000
4,627,0004,685,9494,660,0004,415,7195,250,0005,382,4684,739,0003,916,7953,553,0003,287,7683,038,0002,663,5752,958,2303,011,8132,744,7902,463,4642,644,0002,572,4242,589,0002,473,8172,644,0002,603,5292,387,4302,256,3942,082,6302,264,1362,389,5402,097,5142,034,3801,983,5811,718,7601,808,1422,002,2102,186,3482,226,6902,159,1232,048,9801,932,8781,797,8001,790,9041,675,8601,898,2061,861,5201,907,4641,926,8702,009,8922,076,2501,819,7841,921,4001,996,3662,186,8502,004,7932,142,0902,269,5871,849,5401,615,7250
       Cash And Cash Equivalents 
0
73,298
179,320
72,927
139,420
113,569
127,590
60,755
207,860
164,631
278,570
111,793
269,790
582,671
404,180
390,455
359,270
629,602
496,990
387,151
546,630
738,368
611,580
522,806
539,950
479,955
449,220
639,631
629,640
598,470
625,690
581,243
565,170
620,536
610,590
788,620
769,000
850,113
882,000
826,563
933,000
876,935
1,125,330
1,109,630
1,153,440
917,118
988,000
991,011
1,097,000
1,274,929
1,444,000
1,517,464
1,561,000
1,548,040
1,563,000
1,543,889
1,750,000
1,750,0001,543,8891,563,0001,548,0401,561,0001,517,4641,444,0001,274,9291,097,000991,011988,000917,1181,153,4401,109,6301,125,330876,935933,000826,563882,000850,113769,000788,620610,590620,536565,170581,243625,690598,470629,640639,631449,220479,955539,950522,806611,580738,368546,630387,151496,990629,602359,270390,455404,180582,671269,790111,793278,570164,631207,86060,755127,590113,569139,42072,927179,32073,2980
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
16,607
0
15,162
0
12,162
0
11,801
0
84,576
0
23,985
0
15,497
0
10,591
0
27,123
0
7,736
0
23,040
18,220
11,748
0
7,747
0
13,111
0
7,112
0
7,930
0
22,661
25,000
11,618
31,000
15,352
66,000
44,527
81,000
9,779
31,000
11,034
63,000
63,00011,03431,0009,77981,00044,52766,00015,35231,00011,61825,00022,66107,93007,112013,11107,747011,74818,22023,04007,736027,123010,591015,497023,985084,576011,801012,162015,162016,6070000000000000
       Net Receivables 
0
378,797
532,890
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
575,512
695,540
666,444
599,050
49,562
764,940
54,500
736,000
597,219
630,000
669,780
606,000
565,806
597,570
592,530
568,330
542,041
687,000
782,031
777,000
849,904
1,095,000
1,168,291
875,000
660,705
687,000
844,086
647,000
647,000844,086687,000660,705875,0001,168,2911,095,000849,904777,000782,031687,000542,041568,330592,530597,570565,806606,000669,780630,000597,219736,00054,500764,94049,562599,050666,444695,540575,51200000000000000000000000000532,890378,7970
       Other Current Assets 
0
9,176
-10
572,354
599,060
554,566
658,770
593,940
517,500
535,725
584,270
686,756
593,090
438,267
500,750
553,071
480,920
420,205
514,950
640,123
543,550
485,372
713,500
721,040
576,650
488,009
532,420
558,565
548,970
584,690
-10
10,129
10
622,523
764,940
753,646
17,000
597,514
26,000
691,742
53,000
-940
14,590
593,051
26,970
-434
1,000
1
777,000
849,904
1,095,000
1,168,657
968,000
46,213
82,000
33,361
96,000
96,00033,36182,00046,213968,0001,168,6571,095,000849,904777,00011,000-43426,970593,05114,590-94053,000691,74226,000597,51417,000753,646764,940622,5231010,129-10584,690548,970558,565532,420488,009576,650721,040713,500485,372543,550640,123514,950420,205480,920553,071500,750438,267593,090686,756584,270535,725517,500593,940658,770554,566599,060572,354-109,1760
   > Long-term Assets 
0
2,002,064
2,091,770
2,280,705
2,256,210
2,235,567
2,175,500
2,118,718
2,144,020
2,251,438
2,257,950
2,297,594
2,321,160
2,308,170
2,321,470
2,283,556
2,272,590
2,200,066
2,169,010
2,169,628
2,207,560
2,270,430
2,373,320
2,362,585
2,310,720
2,317,530
2,229,180
2,252,437
2,262,990
2,357,534
2,311,290
2,184,291
2,147,040
2,147,618
2,088,760
2,131,281
2,119,000
2,133,773
2,150,000
2,144,254
2,192,000
1,933,333
2,229,110
2,227,110
2,165,680
2,069,534
2,105,000
2,060,481
2,054,000
2,067,427
2,073,000
2,111,744
2,198,000
1,902,428
1,902,000
1,901,951
1,941,000
1,941,0001,901,9511,902,0001,902,4282,198,0002,111,7442,073,0002,067,4272,054,0002,060,4812,105,0002,069,5342,165,6802,227,1102,229,1101,933,3332,192,0002,144,2542,150,0002,133,7732,119,0002,131,2812,088,7602,147,6182,147,0402,184,2912,311,2902,357,5342,262,9902,252,4372,229,1802,317,5302,310,7202,362,5852,373,3202,270,4302,207,5602,169,6282,169,0102,200,0662,272,5902,283,5562,321,4702,308,1702,321,1602,297,5942,257,9502,251,4382,144,0202,118,7182,175,5002,235,5672,256,2102,280,7052,091,7702,002,0640
       Property Plant Equipment 
0
1,754,629
0
2,026,469
0
1,979,304
0
1,863,424
0
1,985,720
0
2,019,437
0
2,019,609
0
1,995,300
0
1,892,810
0
1,862,344
0
1,985,432
0
2,062,609
0
2,025,856
0
1,964,528
0
2,086,403
0
1,937,343
0
1,868,408
0
1,876,443
0
1,890,907
0
1,897,077
0
1,800,119
0
1,964,013
0
1,837,183
0
1,833,209
0
1,834,708
0
1,888,123
0
1,665,814
0
1,636,308
0
01,636,30801,665,81401,888,12301,834,70801,833,20901,837,18301,964,01301,800,11901,897,07701,890,90701,876,44301,868,40801,937,34302,086,40301,964,52802,025,85602,062,60901,985,43201,862,34401,892,81001,995,30002,019,60902,019,43701,985,72001,863,42401,979,30402,026,46901,754,6290
       Goodwill 
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
69,124
0
1,235
0
51,064
0
51,064
0
51,064
0
51,064
0
51,064
0
51,064
0
51,064
0
051,064051,064051,064051,064051,064051,064051,06401,235069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,124069,1240
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,464
0
10,483
0
1,556
0
1,237
0
13,012
0
12,972
0
11,370
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000011,370012,972013,01201,23701,556010,483020,46400000000000000000000000000000
       Intangible Assets 
0
9,166
0
9,348
0
9,547
0
11,143
0
7,205
0
6,319
0
6,965
0
5,610
0
6,645
0
7,341
0
9,311
0
11,086
0
11,181
0
11,521
0
2,769
0
2,574
0
2,510
0
2,125
0
2,249
0
2,684
0
3,233
0
50,209
0
49,576
0
48,134
0
46,578
0
44,782
0
43,437
0
41,876
0
041,876043,437044,782046,578048,134049,576050,20903,23302,68402,24902,12502,51002,57402,769011,521011,181011,08609,31107,34106,64505,61006,96506,31907,205011,14309,54709,34809,1660
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
178,774
2,311,290
164,767
19,040
15,221
2,088,760
12,042
2,119,000
351,102
2,411,370
162,397
2,192,000
117,376
2,229,110
161,906
2,165,680
129,455
-43,966
121,996
2,054,000
127,566
-58,822
121,630
2,198,000
141,214
0
0
0
000141,2142,198,000121,630-58,822127,5662,054,000121,996-43,966129,4552,165,680161,9062,229,110117,3762,192,000162,3972,411,370351,1022,119,00012,0422,088,76015,22119,040164,7672,311,290178,77400000000000000000000000000000
> Total Liabilities 
0
1,865,267
2,088,490
2,532,340
2,428,870
2,316,622
2,448,780
2,314,573
2,205,650
2,190,030
2,434,910
2,435,004
2,417,210
2,502,621
2,436,580
2,521,535
2,328,940
2,437,745
2,395,750
2,577,677
2,525,950
2,573,425
2,512,640
2,501,459
2,310,030
2,102,368
2,034,250
2,276,948
2,306,830
2,286,369
2,461,650
2,447,412
2,312,170
2,433,716
2,509,560
2,720,194
2,659,000
2,488,291
2,589,000
2,696,982
2,668,000
2,467,808
3,020,780
3,358,782
3,312,950
3,118,129
3,382,000
3,591,863
3,638,000
3,769,360
4,349,000
4,656,763
4,370,000
3,770,454
3,958,000
3,931,066
3,779,000
3,779,0003,931,0663,958,0003,770,4544,370,0004,656,7634,349,0003,769,3603,638,0003,591,8633,382,0003,118,1293,312,9503,358,7823,020,7802,467,8082,668,0002,696,9822,589,0002,488,2912,659,0002,720,1942,509,5602,433,7162,312,1702,447,4122,461,6502,286,3692,306,8302,276,9482,034,2502,102,3682,310,0302,501,4592,512,6402,573,4252,525,9502,577,6772,395,7502,437,7452,328,9402,521,5352,436,5802,502,6212,417,2102,435,0042,434,9102,190,0302,205,6502,314,5732,448,7802,316,6222,428,8702,532,3402,088,4901,865,2670
   > Total Current Liabilities 
0
1,065,194
1,255,440
1,569,013
1,504,200
1,324,428
1,438,060
1,271,629
1,128,920
1,201,712
1,086,690
1,127,239
1,130,030
1,324,504
1,239,960
1,411,945
1,213,600
1,447,136
1,279,440
1,603,703
1,417,100
1,293,760
1,227,380
1,364,447
1,242,470
1,106,775
1,112,990
1,026,282
1,074,720
1,095,196
1,301,190
1,246,415
1,110,930
1,284,339
1,303,120
1,418,651
1,359,000
1,262,068
1,384,000
1,376,905
1,359,000
1,214,125
1,483,070
1,494,321
1,391,230
1,291,163
1,567,000
1,827,848
1,893,000
1,967,566
2,441,000
2,908,266
2,520,000
1,947,144
2,108,000
2,050,559
2,010,000
2,010,0002,050,5592,108,0001,947,1442,520,0002,908,2662,441,0001,967,5661,893,0001,827,8481,567,0001,291,1631,391,2301,494,3211,483,0701,214,1251,359,0001,376,9051,384,0001,262,0681,359,0001,418,6511,303,1201,284,3391,110,9301,246,4151,301,1901,095,1961,074,7201,026,2821,112,9901,106,7751,242,4701,364,4471,227,3801,293,7601,417,1001,603,7031,279,4401,447,1361,213,6001,411,9451,239,9601,324,5041,130,0301,127,2391,086,6901,201,7121,128,9201,271,6291,438,0601,324,4281,504,2001,569,0131,255,4401,065,1940
       Short-term Debt 
0
604,625
546,190
526,861
0
472,393
491,670
557,039
430,970
344,030
233,930
315,143
356,430
268,807
246,910
333,572
311,770
408,271
358,400
483,669
462,190
334,079
358,770
449,108
475,590
449,540
443,440
243,463
292,700
281,614
301,490
284,561
278,910
293,080
278,850
231,824
344,000
375,889
462,000
345,623
405,000
319,831
621,140
545,915
496,990
279,668
345,000
462,651
531,000
484,905
619,000
761,750
908,000
594,492
749,000
813,336
907,000
907,000813,336749,000594,492908,000761,750619,000484,905531,000462,651345,000279,668496,990545,915621,140319,831405,000345,623462,000375,889344,000231,824278,850293,080278,910284,561301,490281,614292,700243,463443,440449,540475,590449,108358,770334,079462,190483,669358,400408,271311,770333,572246,910268,807356,430315,143233,930344,030430,970557,039491,670472,3930526,861546,190604,6250
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,220,758
1,204,740
1,247,555
2,473
23,688
278,850
16,768
344,000
376,556
462,000
345,623
405,000
319,831
621,140
545,915
496,990
279,668
345,000
462,651
531,000
484,905
619,000
761,750
908,000
594,492
749,000
813,336
907,000
907,000813,336749,000594,492908,000761,750619,000484,905531,000462,651345,000279,668496,990545,915621,140319,831405,000345,623462,000376,556344,00016,768278,85023,6882,4731,247,5551,204,7401,220,75800000000000000000000000000000
       Accounts payable 
0
455,601
500,460
1,017,935
486,970
828,453
668,300
687,643
460,770
843,660
599,970
792,897
559,440
862,522
793,140
1,046,787
683,300
902,379
735,540
966,250
841,030
844,631
748,500
859,901
670,810
568,929
567,190
740,257
682,170
715,670
894,450
811,085
725,680
857,635
895,090
1,026,360
902,000
784,927
820,000
969,711
846,000
785,299
756,510
894,955
757,250
880,520
1,051,000
1,313,509
1,187,000
1,318,061
1,526,000
1,995,060
1,360,000
1,021,284
1,098,000
1,187,323
826,000
826,0001,187,3231,098,0001,021,2841,360,0001,995,0601,526,0001,318,0611,187,0001,313,5091,051,000880,520757,250894,955756,510785,299846,000969,711820,000784,927902,0001,026,360895,090857,635725,680811,085894,450715,670682,170740,257567,190568,929670,810859,901748,500844,631841,030966,250735,540902,379683,3001,046,787793,140862,522559,440792,897599,970843,660460,770687,643668,300828,453486,9701,017,935500,460455,6010
       Other Current Liabilities 
0
4,783
208,790
13,406
1,017,230
12,689
278,090
16,129
237,180
11,385
252,790
17,972
214,160
159,409
199,910
31,068
218,530
103,465
185,500
144,329
113,880
54,373
120,110
54,679
96,070
65,732
102,360
32,026
99,850
71,290
105,250
138,186
106,340
80,728
129,180
147,693
113,000
51,121
102,000
56,450
108,000
58,956
105,420
7,988
136,990
83,088
171,000
5,873
175,000
164,600
296,000
151,456
252,000
331,368
261,000
49,900
277,000
277,00049,900261,000331,368252,000151,456296,000164,600175,0005,873171,00083,088136,9907,988105,42058,956108,00056,450102,00051,121113,000147,693129,18080,728106,340138,186105,25071,29099,85032,026102,36065,73296,07054,679120,11054,373113,880144,329185,500103,465218,53031,068199,910159,409214,16017,972252,79011,385237,18016,129278,09012,6891,017,23013,406208,7904,7830
   > Long-term Liabilities 
0
800,073
833,050
963,327
924,670
992,194
1,010,720
1,042,944
1,076,730
988,318
1,348,220
1,307,765
1,287,180
1,178,117
1,196,620
1,109,590
1,115,340
990,609
1,116,310
973,974
1,108,850
1,279,665
1,285,260
1,137,012
1,067,560
995,593
921,260
1,250,666
1,232,110
1,191,173
1,160,460
1,200,997
1,201,240
1,149,377
1,206,440
1,301,543
1,300,000
1,226,223
1,205,000
1,320,077
1,309,000
1,253,683
1,537,710
1,864,461
1,921,720
1,826,966
1,815,000
1,764,015
1,745,000
1,801,794
1,908,000
1,748,497
1,850,000
1,823,310
1,850,000
1,880,507
1,769,000
1,769,0001,880,5071,850,0001,823,3101,850,0001,748,4971,908,0001,801,7941,745,0001,764,0151,815,0001,826,9661,921,7201,864,4611,537,7101,253,6831,309,0001,320,0771,205,0001,226,2231,300,0001,301,5431,206,4401,149,3771,201,2401,200,9971,160,4601,191,1731,232,1101,250,666921,260995,5931,067,5601,137,0121,285,2601,279,6651,108,850973,9741,116,310990,6091,115,3401,109,5901,196,6201,178,1171,287,1801,307,7651,348,220988,3181,076,7301,042,9441,010,720992,194924,670963,327833,050800,0730
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
252,029
257,210
238,003
2,054
16,977
208,000
14,862
209,000
191,558
238,282
176,075
199,000
186,317
179,250
402,422
424,600
388,804
416,000
374,829
415,000
417,720
454,000
405,833
434,000
414,501
0
0
0
000414,501434,000405,833454,000417,720415,000374,829416,000388,804424,600402,422179,250186,317199,000176,075238,282191,558209,00014,862208,00016,9772,054238,003257,210252,02900000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,864
0
8,856
0
8,571
0
8,503
0
8,439
0
0
0
0
0
000008,43908,50308,57108,85608,8640000000000000000000000000000000000000000000
> Total Stockholder Equity
0
1,635,033
1,852,820
1,880,500
1,969,430
1,778,037
1,913,570
1,657,033
1,859,770
1,720,992
1,899,290
1,712,364
1,830,820
1,568,488
1,601,885
1,528,304
1,487,587
1,437,045
1,454,880
1,412,489
1,618,250
1,743,576
1,974,818
1,935,064
1,890,490
1,929,027
1,819,413
1,870,695
1,902,165
2,078,690
2,149,191
1,921,470
1,837,955
1,897,135
1,893,469
1,952,629
2,042,013
2,062,602
2,093,303
1,964,995
2,113,299
1,872,620
1,896,751
1,838,426
1,769,245
1,572,014
1,717,034
1,705,935
1,918,549
2,155,040
2,404,178
2,755,549
2,996,100
2,474,097
2,530,404
2,593,390
2,725,556
2,725,5562,593,3902,530,4042,474,0972,996,1002,755,5492,404,1782,155,0401,918,5491,705,9351,717,0341,572,0141,769,2451,838,4261,896,7511,872,6202,113,2991,964,9952,093,3032,062,6022,042,0131,952,6291,893,4691,897,1351,837,9551,921,4702,149,1912,078,6901,902,1651,870,6951,819,4131,929,0271,890,4901,935,0641,974,8181,743,5761,618,2501,412,4891,454,8801,437,0451,487,5871,528,3041,601,8851,568,4881,830,8201,712,3641,899,2901,720,9921,859,7701,657,0331,913,5701,778,0371,969,4301,880,5001,852,8201,635,0330
   Common Stock
0
62,326
0
62,326
0
62,326
0
62,326
0
62,326
0
62,326
0
62,326
0
62,326
0
64,287
0
64,287
0
65,426
0
65,426
0
66,677
0
66,677
0
69,017
2,239,180
69,017
17,004
69,017
1,966,630
69,017
2,104,000
69,017
2,411,292
67,637
2,168,000
67,637
1,953,120
67,637
1,810,960
67,637
1,760,000
67,637
1,969,000
67,637
2,464,000
67,637
3,078,000
64,931
2,604,000
64,931
2,789,000
2,789,00064,9312,604,00064,9313,078,00067,6372,464,00067,6371,969,00067,6371,760,00067,6371,810,96067,6371,953,12067,6372,168,00067,6372,411,29269,0172,104,00069,0171,966,63069,01717,00469,0172,239,18069,017066,677066,677065,426065,426064,287064,287062,326062,326062,326062,326062,326062,326062,326062,3260
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
171,838
0
2,621,004
0
02,621,0040171,83800000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
1,343,501
1,852,820
1,737,063
1,969,430
1,617,902
1,913,570
1,492,912
1,859,770
1,609,870
1,899,290
1,609,876
1,830,820
1,524,491
1,601,885
1,449,873
1,487,587
1,350,690
1,454,880
1,272,105
1,618,250
1,541,821
1,974,818
1,805,715
1,890,490
1,819,459
1,819,413
1,795,340
1,902,165
1,929,353
2,149,191
1,701,697
1,837,955
1,593,974
1,893,469
1,745,592
2,042,013
1,756,499
2,093,303
1,828,016
2,113,299
1,864,528
1,896,751
1,768,622
1,769,245
1,455,328
1,717,034
1,435,677
1,918,549
1,515,521
2,404,178
2,079,033
-81,900
1,681,274
-73,596
-370,225
-63,444
-63,444-370,225-73,5961,681,274-81,9002,079,0332,404,1781,515,5211,918,5491,435,6771,717,0341,455,3281,769,2451,768,6221,896,7511,864,5282,113,2991,828,0162,093,3031,756,4992,042,0131,745,5921,893,4691,593,9741,837,9551,701,6972,149,1911,929,3531,902,1651,795,3401,819,4131,819,4591,890,4901,805,7151,974,8181,541,8211,618,2501,272,1051,454,8801,350,6901,487,5871,449,8731,601,8851,524,4911,830,8201,609,8761,899,2901,609,8701,859,7701,492,9121,913,5701,617,9021,969,4301,737,0631,852,8201,343,5010



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 (+$)
totalRevenue6,771,494
Cost of Revenue--
Gross Profit-6,771,494
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense-0
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)288,2750
EBIT - interestExpense = 0
163,054
163,054
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-288,275
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax288,275
Tax Provision--
Net Income From Continuing Ops27,386288,275
Net Income163,054
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-0
 

Technical Analysis of Acerinox
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 Acerinox. The general trend of Acerinox is BULLISH with 28.6% 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 Acerinox'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 (28.6%) Bearish trend (-28.6%)
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 Acerinox SA ADR.

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: 5.5914 < 5.6 < 5.6.

The bearish price targets are: 5.25 > 5.23 > 5.23.

Tweet this
Acerinox SA ADR 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 Acerinox SA ADR. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Directionalities and relatives.

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

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

Acerinox SA ADR 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 Acerinox SA ADR. The current macd is -0.02510593.

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 Acerinox price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Acerinox. 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 Acerinox 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
Acerinox SA ADR Daily Moving Average Convergence/Divergence (MACD) ChartAcerinox SA ADR 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 Acerinox SA ADR. The current adx is 23.85.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Acerinox shares, leading to potential upward 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.
Acerinox SA ADR 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 Acerinox SA ADR. The current sar is 5.49875459.

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
Acerinox SA ADR 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 Acerinox SA ADR. The current rsi is 60.72. 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
Acerinox SA ADR Daily Relative Strength Index (RSI) ChartAcerinox SA ADR 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 Acerinox SA ADR. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Acerinox price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Acerinox SA ADR Daily Stochastic Oscillator ChartAcerinox SA ADR 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 Acerinox SA ADR. The current cci is 107.39.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Acerinox SA ADR Daily Commodity Channel Index (CCI) ChartAcerinox SA ADR 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 Acerinox SA ADR. The current cmo is 44.23.

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
Acerinox SA ADR Daily Chande Momentum Oscillator (CMO) ChartAcerinox SA ADR 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 Acerinox SA ADR. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Acerinox SA ADR Daily Williams %R ChartAcerinox SA ADR 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 Acerinox SA ADR.

Acerinox SA ADR 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 Acerinox SA ADR. The current atr is 0.05614945.

Acerinox SA ADR Daily Average True Range (ATR) ChartAcerinox SA ADR 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 Acerinox SA ADR. The current obv is 113,389.

Acerinox SA ADR Daily On-Balance Volume (OBV) ChartAcerinox SA ADR 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 Acerinox SA ADR. The current mfi is 62.75.

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
Acerinox SA ADR Daily Money Flow Index (MFI) ChartAcerinox SA ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Acerinox SA ADR.

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

6.3. Candlestick Patterns

Acerinox SA ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.719
Ma 20Greater thanMa 505.280
Ma 50Greater thanMa 1005.375
Ma 100Greater thanMa 2005.408
OpenGreater thanClose5.460
Total2/5 (40.0%)
Penke

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

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

I send you an email if I find something interesting about Acerinox SA ADR.


Comments

How you think about this?

Leave a comment

Stay informed about Acerinox SA ADR.

Receive notifications about Acerinox SA ADR in your mailbox!