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Arad Ltd
Buy, Hold or Sell?

Let's analyse Arad together

PenkeI guess you are interested in Arad Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Arad Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Arad (30 sec.)










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

How much money do you get?

How much money do you get?
ILA1.40
When do you have the money?
1 year
How often do you get paid?
87.5%

What is your share worth?

Current worth
ILA2,240.87
Expected worth in 1 year
ILA2,554.22
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
ILA826.23
Return On Investment
15.8%

For what price can you sell your share?

Current Price per Share
ILA5,245.00
Expected price per share
ILA4,808 - ILA5,440
How sure are you?
50%

1. Valuation of Arad (5 min.)




Live pricePrice per Share (EOD)

ILA5,245.00

Intrinsic Value Per Share

ILA2,264.07 - ILA2,679.20

Total Value Per Share

ILA4,504.94 - ILA4,920.07

2. Growth of Arad (5 min.)




Is Arad growing?

Current yearPrevious yearGrowGrow %
How rich?$150.7m$134.8m$11.5m7.9%

How much money is Arad making?

Current yearPrevious yearGrowGrow %
Making money$7m$3.9m$3.1m44.6%
Net Profit Margin7.8%5.1%--

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

3. Financial Health of Arad (5 min.)




4. Comparing to competitors in the Scientific & Technical Instruments industry (5 min.)




  Industry Rankings (Scientific & Technical Instruments)  

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

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

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

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

Speculation

The Price per Share of Arad is ILA5,245. 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 Arad.
  • 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 Arad, 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 ILA2,240.87. Based on the TTM, the Book Value Change Per Share is ILA78.34 per quarter. Based on the YOY, the Book Value Change Per Share is ILA-15.03 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 ILA128.22 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Arad.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ILA% of Price per ShareILA% of Price per ShareILA% of Price per ShareILA% of Price per ShareILA% of Price per Share
Usd Eps0.260.0%0.290.0%0.160.0%0.200.0%0.180.0%
Usd Book Value Change Per Share0.200.0%0.210.0%-0.040.0%0.090.0%0.070.0%
Usd Dividend Per Share0.000.0%0.350.0%0.450.0%0.280.0%0.290.0%
Usd Total Gains Per Share0.200.0%0.560.0%0.410.0%0.370.0%0.360.0%
Usd Price Per Share16.32-13.71-12.46-13.17-11.23-
Price to Earnings Ratio15.67-12.38-79.03-28.88-20.61-
Price-to-Total Gains Ratio82.10-39.47-52.55-53.91-44.60-
Price to Book Ratio2.68-2.31-2.28-2.55-2.50-
Price-to-Total Gains Ratio82.10-39.47-52.55-53.91-44.60-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.2664
Number of shares70
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.350.28
Usd Book Value Change Per Share0.210.09
Usd Total Gains Per Share0.560.37
Gains per Quarter (70 shares)39.3326.22
Gains per Year (70 shares)157.31104.88
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19860147792595
219511930415951200
329317946123876305
4391239618318102410
5488298775397127515
6586358932477152620
76844181089556178725
87814771246636203830
98795371403715229935
1097759715607952541040

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 Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%65.01.00.098.5%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%14.06.00.070.0%28.012.00.070.0%48.018.00.072.7%
Dividend per Share3.00.01.075.0%11.00.01.091.7%17.00.03.085.0%35.00.05.087.5%56.00.010.084.8%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%65.01.00.098.5%

Fundamentals of Arad

About Arad Ltd

Arad Ltd. designs, develops, manufactures, and sells water systems in Israel and internationally. It offers residential water meters; bulk water meters; water meters, hydrometers, fertilizer meters, and automatic metering valves for irrigation and agricultural applications; and automated meter reading/advanced metering infrastructure systems, as well as professional services to utilities and water companies. The company was incorporated in 1941 and is headquartered in Dalia, Israel.

Fundamental data was last updated by Penke on 2024-03-22 15:26:03.

Financial Health

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

Valuation

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

1.1. Profitability of Arad Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Arad to the Scientific & Technical Instruments industry mean.
  • A Net Profit Margin of 7.3% means that 0.07 for each 1 in revenue is generated as profit.

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

  • The MRQ is 7.3%. The company is making a profit. +1
  • The TTM is 7.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.3%TTM7.8%-0.5%
TTM7.8%YOY5.1%+2.7%
TTM7.8%5Y6.9%+0.9%
5Y6.9%10Y7.9%-1.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ7.3%4.7%+2.6%
TTM7.8%3.8%+4.0%
YOY5.1%4.8%+0.3%
5Y6.9%5.2%+1.7%
10Y7.9%5.9%+2.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Arad to the Scientific & Technical Instruments industry mean.
  • 1.9% Return on Assets means that Arad generated 0.02 profit for each $1 in assets.

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

  • The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.9%TTM2.1%-0.2%
TTM2.1%YOY1.3%+0.8%
TTM2.1%5Y1.7%+0.4%
5Y1.7%10Y2.0%-0.2%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9%0.7%+1.2%
TTM2.1%0.6%+1.5%
YOY1.3%1.0%+0.3%
5Y1.7%1.2%+0.5%
10Y2.0%1.4%+0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Arad to the Scientific & Technical Instruments industry mean.
  • 4.3% Return on Equity means Arad generated 0.04 for each 1 the owners (shareholders) invested.

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

  • The MRQ is 4.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.3%TTM4.9%-0.6%
TTM4.9%YOY2.9%+2.0%
TTM4.9%5Y3.9%+0.9%
5Y3.9%10Y4.0%-0.1%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3%1.3%+3.0%
TTM4.9%1.1%+3.8%
YOY2.9%1.7%+1.2%
5Y3.9%1.8%+2.1%
10Y4.0%2.0%+2.0%

1.2. Operating Efficiency of Arad Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arad is operating .

  • Measures how much profit Arad 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 Arad to the Scientific & Technical Instruments industry mean.
  • An Operating Margin of 0.0% means the company generated 0.00  for each 1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM4.9%-4.9%
TTM4.9%YOY9.3%-4.4%
TTM4.9%5Y10.1%-5.2%
5Y10.1%10Y6.8%+3.2%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.6%-4.6%
TTM4.9%3.4%+1.5%
YOY9.3%5.2%+4.1%
5Y10.1%6.5%+3.6%
10Y6.8%4.7%+2.1%
1.2.2. Operating Ratio

Measures how efficient Arad is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • An Operation Ratio of 1.59 means that the operating costs are 1.59 for each 1 in net sales.

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

  • The MRQ is 1.595. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.600. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.595TTM1.600-0.005
TTM1.600YOY1.598+0.002
TTM1.6005Y1.584+0.016
5Y1.58410Y1.276+0.308
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5951.397+0.198
TTM1.6001.407+0.193
YOY1.5981.391+0.207
5Y1.5841.345+0.239
10Y1.2761.111+0.165

1.3. Liquidity of Arad Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A Current Ratio of 1.85 means the company has 1.85 in assets for each 1 in short-term debts.

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

  • The MRQ is 1.848. The company is able to pay all its short-term debts. +1
  • The TTM is 1.831. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.848TTM1.831+0.017
TTM1.831YOY1.898-0.067
TTM1.8315Y1.973-0.142
5Y1.97310Y1.449+0.524
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8482.389-0.541
TTM1.8312.552-0.721
YOY1.8982.467-0.569
5Y1.9732.805-0.832
10Y1.4492.552-1.103
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Arad to the Scientific & Technical Instruments industry mean.
  • A Quick Ratio of 0.52 means the company can pay off 0.52 for each 1 in debt (using most liquid assets).

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

  • The MRQ is 0.517. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.594. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.517TTM0.594-0.077
TTM0.594YOY0.727-0.133
TTM0.5945Y0.728-0.134
5Y0.72810Y0.807-0.079
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5171.061-0.544
TTM0.5941.096-0.502
YOY0.7271.239-0.512
5Y0.7281.302-0.574
10Y0.8071.369-0.562

1.4. Solvency of Arad Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Arad to Scientific & Technical Instruments industry mean.
  • A Debt to Asset Ratio of 0.56 means that Arad assets are financed with 55.6% credit (debt) and the remaining percentage (100% - 55.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.556. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.566. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.556TTM0.566-0.009
TTM0.566YOY0.544+0.022
TTM0.5665Y0.556+0.010
5Y0.55610Y0.505+0.051
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5560.366+0.190
TTM0.5660.371+0.195
YOY0.5440.356+0.188
5Y0.5560.338+0.218
10Y0.5050.339+0.166
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Arad to the Scientific & Technical Instruments industry mean.
  • A Debt to Equity ratio of 126.3% means that company has 1.26 debt for each 1 in shareholders equity.

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

  • The MRQ is 1.263. The company is able to pay all its debts with equity. +1
  • The TTM is 1.311. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.263TTM1.311-0.048
TTM1.311YOY1.205+0.107
TTM1.3115Y1.265+0.047
5Y1.26510Y1.050+0.215
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2630.539+0.724
TTM1.3110.554+0.757
YOY1.2050.541+0.664
5Y1.2650.519+0.746
10Y1.0500.525+0.525

2. Market Valuation of Arad Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every 1 in earnings Arad generates.

  • Above 15 is considered overpriced but always compare Arad to the Scientific & Technical Instruments industry mean.
  • A PE ratio of 15.67 means the investor is paying 15.67 for every 1 in earnings.

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

  • The EOD is 13.696. Based on the earnings, the company is underpriced. +1
  • The MRQ is 15.665. Based on the earnings, the company is fair priced.
  • The TTM is 12.376. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD13.696MRQ15.665-1.969
MRQ15.665TTM12.376+3.290
TTM12.376YOY79.026-66.650
TTM12.3765Y28.877-16.502
5Y28.87710Y20.614+8.263
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD13.69616.713-3.017
MRQ15.66516.582-0.917
TTM12.37613.630-1.254
YOY79.02615.724+63.302
5Y28.87714.449+14.428
10Y20.61426.723-6.109
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 22.128. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 25.310. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -23.218. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD22.128MRQ25.310-3.181
MRQ25.310TTM-23.218+48.528
TTM-23.218YOY4.204-27.422
TTM-23.2185Y4.033-27.251
5Y4.03310Y2.016+2.016
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD22.1284.833+17.295
MRQ25.3104.741+20.569
TTM-23.218-1.563-21.655
YOY4.204-0.871+5.075
5Y4.033-3.854+7.887
10Y2.016-1.652+3.668
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A PB ratio of 2.68 means the investor is paying 2.68 for each 1 in book value.

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

  • The EOD is 2.341. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.677. Based on the equity, the company is underpriced. +1
  • The TTM is 2.314. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.341MRQ2.677-0.336
MRQ2.677TTM2.314+0.363
TTM2.314YOY2.283+0.031
TTM2.3145Y2.548-0.234
5Y2.54810Y2.500+0.048
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD2.3412.486-0.145
MRQ2.6772.750-0.073
TTM2.3142.772-0.458
YOY2.2832.774-0.491
5Y2.5483.112-0.564
10Y2.5003.998-1.498
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Arad Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--73.06778.337-7%-15.026+121%33.354+119%26.491+176%
Book Value Per Share--2240.8752176.534+3%2005.072+12%1918.045+17%1654.552+35%
Current Ratio--1.8481.831+1%1.898-3%1.973-6%1.449+28%
Debt To Asset Ratio--0.5560.566-2%0.544+2%0.556+0%0.505+10%
Debt To Equity Ratio--1.2631.311-4%1.205+5%1.2650%1.050+20%
Dividend Per Share---128.220-100%165.386-100%104.360-100%106.891-100%
Eps--95.738105.315-9%58.353+64%75.199+27%65.514+46%
Free Cash Flow Per Share--59.256-33.200+156%-6.586+111%35.109+69%35.109+69%
Free Cash Flow To Equity Per Share--59.256-18.100+131%-39.001+166%-2.476+104%-2.476+104%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2679.196--------
Intrinsic Value_10Y_min--2264.067--------
Intrinsic Value_1Y_max--133.977--------
Intrinsic Value_1Y_min--131.519--------
Intrinsic Value_3Y_max--505.050--------
Intrinsic Value_3Y_min--480.093--------
Intrinsic Value_5Y_max--999.703--------
Intrinsic Value_5Y_min--919.076--------
Market Cap129712521500.000-14%148359637272.000124661417166.000+19%113266734240.000+31%119779545154.200+24%102123007234.600+45%
Net Profit Margin--0.0730.078-6%0.051+45%0.069+6%0.079-7%
Operating Margin---0.049-100%0.093-100%0.101-100%0.068-100%
Operating Ratio--1.5951.6000%1.5980%1.584+1%1.276+25%
Pb Ratio2.341-14%2.6772.314+16%2.283+17%2.548+5%2.500+7%
Pe Ratio13.696-14%15.66512.376+27%79.026-80%28.877-46%20.614-24%
Price Per Share5245.000-14%5999.0005040.750+19%4580.000+31%4843.350+24%4129.400+45%
Price To Free Cash Flow Ratio22.128-14%25.310-23.218+192%4.204+502%4.033+528%2.016+1155%
Price To Total Gains Ratio71.783-14%82.10339.469+108%52.554+56%53.915+52%44.598+84%
Quick Ratio--0.5170.594-13%0.727-29%0.728-29%0.807-36%
Return On Assets--0.0190.021-9%0.013+42%0.017+9%0.020-4%
Return On Equity--0.0430.049-11%0.029+48%0.039+9%0.040+8%
Total Gains Per Share--73.067206.557-65%150.360-51%137.714-47%133.382-45%
Usd Book Value--150738205.896146410171.272+3%134876329.002+12%129022232.170+17%111297640.374+35%
Usd Book Value Change Per Share--0.1990.213-7%-0.041+121%0.091+119%0.072+176%
Usd Book Value Per Share--6.0955.920+3%5.454+12%5.217+17%4.500+35%
Usd Dividend Per Share---0.349-100%0.450-100%0.284-100%0.291-100%
Usd Eps--0.2600.286-9%0.159+64%0.205+27%0.178+46%
Usd Free Cash Flow--3986031.888-2233267.866+156%-443003.544+111%1771264.170+125%885632.085+350%
Usd Free Cash Flow Per Share--0.161-0.090+156%-0.018+111%0.095+69%0.095+69%
Usd Free Cash Flow To Equity Per Share--0.161-0.049+131%-0.106+166%-0.007+104%-0.007+104%
Usd Market Cap352818058.480-14%403538213.380339079054.692+19%308085517.133+31%325800362.819+24%277774579.678+45%
Usd Price Per Share14.266-14%16.31713.711+19%12.458+31%13.174+24%11.232+45%
Usd Profit--6440051.5207084306.674-9%3925281.402+64%5058440.467+27%4406985.256+46%
Usd Revenue--87700701.60090251472.006-3%77498869.986+13%72919283.350+20%57733236.862+52%
Usd Total Gains Per Share--0.1990.562-65%0.409-51%0.375-47%0.363-45%
 EOD+4 -4MRQTTM+16 -19YOY+23 -125Y+23 -1210Y+21 -14

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.696
Price to Book Ratio (EOD)Between0-12.341
Net Profit Margin (MRQ)Greater than00.073
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.517
Current Ratio (MRQ)Greater than11.848
Debt to Asset Ratio (MRQ)Less than10.556
Debt to Equity Ratio (MRQ)Less than11.263
Return on Equity (MRQ)Greater than0.150.043
Return on Assets (MRQ)Greater than0.050.019
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.800
Ma 20Greater thanMa 505,932.850
Ma 50Greater thanMa 1005,972.660
Ma 100Greater thanMa 2005,836.360
OpenGreater thanClose5,308.000
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets339,786
Total Liabilities189,049
Total Stockholder Equity149,647
 As reported
Total Liabilities 189,049
Total Stockholder Equity+ 149,647
Total Assets = 339,786

Assets

Total Assets339,786
Total Current Assets248,324
Long-term Assets91,462
Total Current Assets
Cash And Cash Equivalents 15,099
Net Receivables 69,520
Inventory 151,696
Total Current Assets  (as reported)248,324
Total Current Assets  (calculated)236,315
+/- 12,009
Long-term Assets
Property Plant Equipment 60,767
Goodwill 11,653
Intangible Assets 9,869
Long-term Assets  (as reported)91,462
Long-term Assets  (calculated)82,289
+/- 9,173

Liabilities & Shareholders' Equity

Total Current Liabilities134,378
Long-term Liabilities54,671
Total Stockholder Equity149,647
Total Current Liabilities
Short Long Term Debt 39,177
Accounts payable 50,580
Total Current Liabilities  (as reported)134,378
Total Current Liabilities  (calculated)89,757
+/- 44,621
Long-term Liabilities
Long term Debt 33,600
Capital Lease Obligations Min Short Term Debt19,865
Long-term Liabilities  (as reported)54,671
Long-term Liabilities  (calculated)53,465
+/- 1,206
Total Stockholder Equity
Retained Earnings 127,042
Total Stockholder Equity (as reported)149,647
Total Stockholder Equity (calculated)127,042
+/- 22,605
Other
Capital Stock1,021
Common Stock Shares Outstanding 24,731
Net Debt 57,678
Net Invested Capital 222,424
Net Working Capital 113,946
Property Plant and Equipment Gross 60,767



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302006-12-31
> Total Assets 
298,256
82,913
88,668
92,397
93,971
99,457
90,971
88,578
90,201
93,669
116,495
121,715
123,588
124,423
124,622
133,942
136,569
131,443
124,895
133,386
130,800
133,181
132,236
145,851
139,574
142,172
148,819
163,937
173,714
165,869
158,868
160,883
161,177
166,575
162,302
167,665
159,916
166,057
168,617
171,263
173,096
177,776
186,155
200,500
195,280
202,449
235,811
261,488
270,171
274,137
275,127
275,992
278,187
281,848
285,700
283,238
281,509
278,273
285,262
299,104
297,371
301,333
317,882
346,809
344,419
339,786
339,786344,419346,809317,882301,333297,371299,104285,262278,273281,509283,238285,700281,848278,187275,992275,127274,137270,171261,488235,811202,449195,280200,500186,155177,776173,096171,263168,617166,057159,916167,665162,302166,575161,177160,883158,868165,869173,714163,937148,819142,172139,574145,851132,236133,181130,800133,386124,895131,443136,569133,942124,622124,423123,588121,715116,49593,66990,20188,57890,97199,45793,97192,39788,66882,913298,256
   > Total Current 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
0
0
0
0
0
0
0
0
0
124,993
127,266
128,777
133,629
139,009
153,221
149,334
155,995
170,322
178,491
188,393
189,004
189,361
192,469
194,874
198,868
199,816
200,188
199,396
197,334
206,108
220,609
217,054
221,164
234,486
260,097
256,259
248,324
248,324256,259260,097234,486221,164217,054220,609206,108197,334199,396200,188199,816198,868194,874192,469189,361189,004188,393178,491170,322155,995149,334153,221139,009133,629128,777127,266124,99300000000000000000000000000000000000000
       Cash And Cash Equivalents 
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
12,526
10,814
11,603
11,516
17,150
22,607
15,889
20,269
13,908
12,100
13,945
10,288
17,581
31,128
25,070
23,724
29,153
31,323
31,832
30,600
31,735
29,171
20,650
19,029
16,680
24,628
15,712
15,099
15,09915,71224,62816,68019,02920,65029,17131,73530,60031,83231,32329,15323,72425,07031,12817,58110,28813,94512,10013,90820,26915,88922,60717,15011,51611,60310,81412,52600000000000000000000000000000000000000
       Short-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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
31
0
0
0
5,761
5,891
6,090
6,260
5,544
5,950
6,054
6,621
6,020
6,690
6,768
7,190
6,883
6,008
5,831
0
0
0
0
00005,8316,0086,8837,1906,7686,6906,0206,6216,0545,9505,5446,2606,0905,8915,761000310000000000000000000000000000000000000000000
       Net Receivables 
74,870
27,011
21,775
23,378
24,869
27,493
25,683
20,147
22,721
25,770
33,886
31,114
38,202
30,935
30,514
35,209
38,520
35,199
31,032
33,613
34,372
34,620
37,401
40,111
43,731
45,203
43,636
48,953
50,602
47,182
36,104
46,267
44,286
40,719
37,721
49,035
49,701
48,767
46,003
51,872
53,950
57,313
47,007
53,005
53,865
53,587
63,221
60,651
63,189
65,917
68,547
62,201
67,740
71,458
65,371
72,313
69,478
71,673
68,447
81,014
79,926
76,006
69,429
95,220
90,783
69,520
69,52090,78395,22069,42976,00679,92681,01468,44771,67369,47872,31365,37171,45867,74062,20168,54765,91763,18960,65163,22153,58753,86553,00547,00757,31353,95051,87246,00348,76749,70149,03537,72140,71944,28646,26736,10447,18250,60248,95343,63645,20343,73140,11137,40134,62034,37233,61331,03235,19938,52035,20930,51430,93538,20231,11433,88625,77022,72120,14725,68327,49324,86923,37821,77527,01174,870
       Other Current Assets 
11,784
0
593
847
0
0
547
578
0
551
1,062
602
263
861
1,692
669
518
121
790
416
170
304
1,155
289
0
39
1,364
109
37
67
1,377
63
377
112
997
211
84
42
1,489
75
0
0
1,907
0
0
16
636
0
58
0
827
173
132
452
1,692
476
624
617
1,493
456
6
0
0
0
0
0
0000064561,4936176244761,692452132173827058063616001,90700751,4894284211997112377631,37767371091,3643902891,1553041704167901215186691,6928612636021,062551057854700847593011,784
   > Long-term 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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
82,997
81,778
85,133
85,766
83,523
83,313
82,980
85,884
83,050
82,113
80,939
79,154
78,495
80,317
80,169
83,396
86,712
88,160
91,462
91,46288,16086,71283,39680,16980,31778,49579,15480,93982,11383,05085,88482,98083,31383,52385,76685,13381,77882,99700000000000000000000000000000000000000000000000
       Property Plant Equipment 
53,561
13,608
12,370
12,765
13,484
13,643
13,836
13,508
13,783
13,580
15,158
15,356
15,635
15,378
15,358
16,215
16,278
16,362
17,314
17,224
17,430
17,485
17,713
17,596
17,664
17,773
18,308
18,450
19,701
20,024
20,630
20,565
20,867
20,752
21,103
21,527
22,103
22,651
22,499
22,379
22,753
22,912
23,530
23,981
24,177
25,046
27,980
46,793
46,369
46,745
47,681
47,066
46,333
45,300
44,880
44,537
44,021
43,355
42,890
43,299
47,524
48,368
51,068
54,520
56,869
60,767
60,76756,86954,52051,06848,36847,52443,29942,89043,35544,02144,53744,88045,30046,33347,06647,68146,74546,36946,79327,98025,04624,17723,98123,53022,91222,75322,37922,49922,65122,10321,52721,10320,75220,86720,56520,63020,02419,70118,45018,30817,77317,66417,59617,71317,48517,43017,22417,31416,36216,27816,21515,35815,37815,63515,35615,15813,58013,78313,50813,83613,64313,48412,76512,37013,60853,561
       Goodwill 
787
0
172
0
0
0
172
172
172
172
8,445
7,886
7,219
7,978
7,857
8,311
8,507
7,890
5,725
5,880
5,595
4,611
4,307
4,199
3,797
3,931
4,010
4,017
6,557
6,376
5,718
5,255
5,334
5,187
4,059
4,197
4,070
4,048
3,815
3,931
4,161
4,265
4,256
4,412
4,158
4,195
14,086
13,838
14,034
11,882
12,210
11,770
12,052
12,575
13,222
12,668
12,836
12,494
12,246
12,046
11,328
10,774
11,628
11,902
11,930
11,653
11,65311,93011,90211,62810,77411,32812,04612,24612,49412,83612,66813,22212,57512,05211,77012,21011,88214,03413,83814,0864,1954,1584,4124,2564,2654,1613,9313,8154,0484,0704,1974,0595,1875,3345,2555,7186,3766,5574,0174,0103,9313,7974,1994,3074,6115,5955,8805,7257,8908,5078,3117,8577,9787,2197,8868,4451721721721720001720787
       Intangible Assets 
1,080
0
219
0
0
0
202
2,612
2,670
2,709
15,800
17,642
16,238
17,585
13,948
18,111
18,401
17,105
11,056
14,735
13,965
13,032
9,655
12,571
12,063
13,275
9,148
13,119
16,992
16,445
11,011
14,405
14,362
13,828
7,702
12,586
12,191
11,931
6,615
11,202
11,623
11,633
7,239
11,505
6,599
6,339
8,174
11,569
11,559
17,038
16,865
15,872
15,684
15,667
15,980
14,952
14,895
14,203
13,615
12,963
11,790
11,031
11,459
11,168
10,665
9,869
9,86910,66511,16811,45911,03111,79012,96313,61514,20314,89514,95215,98015,66715,68415,87216,86517,03811,55911,5698,1746,3396,59911,5057,23911,63311,62311,2026,61511,93112,19112,5867,70213,82814,36214,40511,01116,44516,99213,1199,14813,27512,06312,5719,65513,03213,96514,73511,05617,10518,40118,11113,94817,58516,23817,64215,8002,7092,6702,61220200021901,080
       Long-term Assets Other 
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
82,997
81,778
85,133
85,766
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000085,76685,13381,77882,99700000000000000000000000000000000000000000000000
> Total Liabilities 
184,109
44,807
41,850
42,464
47,126
51,268
42,109
37,297
38,819
39,055
60,764
64,607
68,491
65,046
63,973
68,948
73,651
67,403
59,405
64,102
65,068
63,907
59,457
67,968
63,349
62,713
64,438
75,810
91,062
80,421
71,001
71,038
75,189
76,929
70,623
70,903
69,416
71,202
70,806
69,814
75,106
74,859
87,854
102,548
93,868
96,585
127,669
149,829
160,510
161,153
155,697
157,214
158,831
155,127
154,733
149,305
151,555
144,571
148,775
158,000
165,120
171,674
178,269
197,345
198,597
189,049
189,049198,597197,345178,269171,674165,120158,000148,775144,571151,555149,305154,733155,127158,831157,214155,697161,153160,510149,829127,66996,58593,868102,54887,85474,85975,10669,81470,80671,20269,41670,90370,62376,92975,18971,03871,00180,42191,06275,81064,43862,71363,34967,96859,45763,90765,06864,10259,40567,40373,65168,94863,97365,04668,49164,60760,76439,05538,81937,29742,10951,26847,12642,46441,85044,807184,109
   > Total Current Liabilities 
124,628
32,629
30,201
31,074
33,292
36,597
31,030
26,146
25,108
25,903
32,721
32,917
41,839
38,093
39,462
42,430
44,835
41,750
37,370
39,839
40,742
47,176
44,293
46,258
43,821
44,990
47,930
52,771
59,391
52,429
45,511
48,207
53,184
52,329
49,236
50,712
47,286
50,508
50,383
50,378
50,825
53,051
66,452
73,545
69,457
73,835
88,059
93,672
100,182
98,729
94,468
92,518
96,112
94,610
94,568
85,330
90,376
97,545
104,122
116,331
112,700
123,507
132,179
137,512
141,558
134,378
134,378141,558137,512132,179123,507112,700116,331104,12297,54590,37685,33094,56894,61096,11292,51894,46898,729100,18293,67288,05973,83569,45773,54566,45253,05150,82550,37850,38350,50847,28650,71249,23652,32953,18448,20745,51152,42959,39152,77147,93044,99043,82146,25844,29347,17640,74239,83937,37041,75044,83542,43039,46238,09341,83932,91732,72125,90325,10826,14631,03036,59733,29231,07430,20132,629124,628
       Short-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
0
0
0
0
0
0
0
0
0
25,359
23,898
30,897
28,448
10,305
39,892
34,895
0
12,712
18,212
24,315
26,835
21,474
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000021,47426,83524,31518,21212,712034,89539,89210,30528,44830,89723,89825,35900000000000000000000000000000000000000
       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
0
0
0
0
0
0
0
0
0
25,359
23,898
30,897
28,448
10,305
39,892
34,895
0
12,712
18,212
24,315
26,835
21,474
23,891
24,165
23,489
25,729
19,658
21,318
16,833
17,108
15,688
21,739
27,295
33,029
30,171
38,521
39,177
39,17738,52130,17133,02927,29521,73915,68817,10816,83321,31819,65825,72923,48924,16523,89121,47426,83524,31518,21212,712034,89539,89210,30528,44830,89723,89825,35900000000000000000000000000000000000000
       Accounts payable 
61,242
16,804
15,726
14,899
16,573
17,915
12,758
9,572
11,096
11,007
13,050
15,530
20,921
16,593
15,234
14,760
16,970
16,920
14,270
16,125
17,873
17,350
15,891
16,702
20,576
19,946
22,126
23,118
25,582
23,012
18,313
20,110
23,584
22,545
19,367
20,658
18,464
21,876
22,070
19,690
19,732
22,102
26,739
24,466
26,941
29,908
38,908
39,669
42,642
37,501
38,947
33,676
36,499
36,911
36,745
31,499
34,225
32,972
39,831
50,088
56,424
53,534
61,290
62,186
61,487
50,580
50,58061,48762,18661,29053,53456,42450,08839,83132,97234,22531,49936,74536,91136,49933,67638,94737,50142,64239,66938,90829,90826,94124,46626,73922,10219,73219,69022,07021,87618,46420,65819,36722,54523,58420,11018,31323,01225,58223,11822,12619,94620,57616,70215,89117,35017,87316,12514,27016,92016,97014,76015,23416,59320,92115,53013,05011,00711,0969,57212,75817,91516,57314,89915,72616,80461,242
       Other Current Liabilities 
30,391
9,776
6,297
8,044
7,465
8,667
9,924
9,188
8,800
9,727
11,631
10,571
12,143
12,183
11,763
13,112
13,021
13,745
11,431
12,909
12,753
18,865
19,039
19,380
13,469
15,208
16,721
17,616
17,721
18,616
17,058
18,225
19,637
19,186
19,605
20,042
18,328
18,474
18,889
21,474
19,691
19,467
27,288
34,038
29,821
29,557
19,178
30,475
29,566
30,289
15,175
31,200
31,614
30,281
15,602
30,173
30,779
43,806
23,890
46,772
30,936
39,148
0
45,155
37,444
0
037,44445,155039,14830,93646,77223,89043,80630,77930,17315,60230,28131,61431,20015,17530,28929,56630,47519,17829,55729,82134,03827,28819,46719,69121,47418,88918,47418,32820,04219,60519,18619,63718,22517,05818,61617,72117,61616,72115,20813,46919,38019,03918,86512,75312,90911,43113,74513,02113,11211,76312,18312,14310,57111,6319,7278,8009,1889,9248,6677,4658,0446,2979,77630,391
   > Long-term 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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
56,157
60,328
62,424
61,229
64,696
62,719
60,517
60,165
63,975
61,179
47,026
44,653
41,669
52,420
48,167
46,090
59,833
57,039
54,671
54,67157,03959,83346,09048,16752,42041,66944,65347,02661,17963,97560,16560,51762,71964,69661,22962,42460,32856,15700000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short 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
0
0
0
0
0
0
0
0
0
-25,359
-23,898
-30,897
-28,448
-10,305
-39,892
-34,895
0
-12,712
341
-6,238
-8,686
-3,670
16,856
16,643
16,224
16,672
15,992
15,575
15,422
15,424
15,093
17,185
16,216
17,361
18,511
18,259
19,865
19,86518,25918,51117,36116,21617,18515,09315,42415,42215,57515,99216,67216,22416,64316,856-3,670-8,686-6,238341-12,7120-34,895-39,892-10,305-28,448-30,897-23,898-25,35900000000000000000000000000000000000000
       Long-term Liabilities Other 
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
269
247
227
0
187
167
147
0
107
87
67
0
31
0
0
0
0
0
0
00000031067871070147167187022724726900000000000000000000000000000000000000000000000
       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
4,577
0
0
0
4,151
0
0
0
3,828
0
0
0
3,062
0
0
0
2,495
0
0
0
2,126
0
0
0
0
0
0
0
00000002,1260002,4950003,0620003,8280004,1510004,57700000000000000000000000000000000000000
> Total Stockholder Equity
114,147
38,106
46,817
49,933
46,845
48,189
48,862
51,281
51,382
54,614
55,731
57,108
55,097
59,377
60,649
64,994
62,918
64,040
65,490
69,284
65,732
69,274
72,779
77,883
76,225
79,459
84,381
88,127
82,652
85,448
87,867
89,845
85,988
89,646
91,679
96,762
90,500
94,855
97,811
101,449
97,990
102,917
98,301
97,952
101,412
105,864
107,498
110,993
109,057
112,264
118,606
118,085
118,647
125,982
130,111
133,116
129,115
132,882
135,567
140,114
131,246
128,484
138,805
148,705
144,836
149,647
149,647144,836148,705138,805128,484131,246140,114135,567132,882129,115133,116130,111125,982118,647118,085118,606112,264109,057110,993107,498105,864101,41297,95298,301102,91797,990101,44997,81194,85590,50096,76291,67989,64685,98889,84587,86785,44882,65288,12784,38179,45976,22577,88372,77969,27465,73269,28465,49064,04062,91864,99460,64959,37755,09757,10855,73154,61451,38251,28148,86248,18946,84549,93346,81738,106114,147
   Common Stock
31,497
7,897
8,258
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,005
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
1,021
0
01,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0211,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0051,0058,2587,89731,497
   Retained Earnings 
37,833
12,664
23,130
22,153
19,082
20,527
21,359
23,705
23,732
26,902
27,978
30,779
30,328
32,588
34,234
37,313
34,683
37,493
39,679
42,899
40,309
43,580
46,633
49,218
47,397
49,996
54,367
58,089
52,776
57,241
60,950
65,116
60,661
64,672
67,404
71,696
66,175
70,624
74,875
77,804
73,067
77,298
72,783
71,418
76,473
81,010
83,100
87,514
84,706
87,536
92,586
94,116
94,133
98,141
99,241
104,951
100,083
105,504
109,188
114,716
109,931
110,205
115,605
124,270
120,602
127,042
127,042120,602124,270115,605110,205109,931114,716109,188105,504100,083104,95199,24198,14194,13394,11692,58687,53684,70687,51483,10081,01076,47371,41872,78377,29873,06777,80474,87570,62466,17571,69667,40464,67260,66165,11660,95057,24152,77658,08954,36749,99647,39749,21846,63343,58040,30942,89939,67937,49334,68337,31334,23432,58830,32830,77927,97826,90223,73223,70521,35920,52719,08222,15323,13012,66437,833
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 0-9,040-8,839-10,074-14,995-11,959-7,876-6,895-5,896-4,242-5,109-2,404-5,433-8,760-9,305-7,254-8,546-6,087-6,959-6,040-5,584-5,499-3,904-4,920-4,819-5,515-6,793-7,50200000000000000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue361,003
Cost of Revenue-250,795
Gross Profit110,208110,208
 
Operating Income (+$)
Gross Profit110,208
Operating Expense-326,870
Operating Income34,133-216,662
 
Operating Expense (+$)
Research Development22,062
Selling General Administrative21,447
Selling And Marketing Expenses-
Operating Expense326,87043,509
 
Net Interest Income (+$)
Interest Income5,641
Interest Expense-6,630
Other Finance Cost-1,782
Net Interest Income793
 
Pretax Income (+$)
Operating Income34,133
Net Interest Income793
Other Non-Operating Income Expenses-
Income Before Tax (EBT)33,43234,133
EBIT - interestExpense = -6,630
28,337
34,967
Interest Expense6,630
Earnings Before Interest and Taxes (EBIT)-40,062
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax33,432
Tax Provision-4,738
Net Income From Continuing Ops28,69428,694
Net Income28,337
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--793
 

Technical Analysis of Arad
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 Arad. The general trend of Arad is BEARISH 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 Arad'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 Arad Ltd.

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

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

The bullish price targets are: 5,408 < 5,419 < 5,440.

The bearish price targets are: 4,839 > 4,830 > 4,808.

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Arad Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Arad Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
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 below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher 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 below 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 down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Arad Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Arad Ltd. The current macd is -151.00833816.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Arad price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Arad. 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 Arad 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Arad Ltd Daily Moving Average Convergence/Divergence (MACD) ChartArad Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Arad Ltd. The current adx is 20.55.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Arad shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Arad Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Arad Ltd. The current sar is 6,116.

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
Arad Ltd 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 Arad Ltd. The current rsi is 27.80. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Arad Ltd Daily Relative Strength Index (RSI) ChartArad Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Arad Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Arad price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Arad Ltd Daily Stochastic Oscillator ChartArad Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Arad Ltd. The current cci is -234.17632536.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Arad Ltd Daily Commodity Channel Index (CCI) ChartArad Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Arad Ltd. The current cmo is -55.91434529.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Arad Ltd Daily Chande Momentum Oscillator (CMO) ChartArad Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Arad Ltd. The current willr is -97.54028838.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Arad Ltd Daily Williams %R ChartArad Ltd 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 Arad Ltd.

Arad Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Arad Ltd. The current atr is 220.80.

Arad Ltd Daily Average True Range (ATR) ChartArad Ltd 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 Arad Ltd. The current obv is -747,821.

Arad Ltd Daily On-Balance Volume (OBV) ChartArad Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Arad Ltd. The current mfi is 17.92.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Arad Ltd Daily Money Flow Index (MFI) ChartArad Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arad Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-26DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04DMI 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).
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19DMI 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.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02SAR 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH 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
2024-01-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-04SAR 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
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH 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
2024-02-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12DMI 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.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21DMI 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
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

6.3. Candlestick Patterns

Arad Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.800
Ma 20Greater thanMa 505,932.850
Ma 50Greater thanMa 1005,972.660
Ma 100Greater thanMa 2005,836.360
OpenGreater thanClose5,308.000
Total3/5 (60.0%)
Penke

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