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ASHAPURA MINECHEM LTD.
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Quick analysis of ASHAPURA MINECHEM LTD. (30 sec.)










1. Valuation of ASHAPURA MINECHEM LTD. (5 min.)




Current price per share

INR128.40

2. Growth of ASHAPURA MINECHEM LTD. (5 min.)




Is ASHAPURA MINECHEM LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$69.9m$65.9m$834.2k1.3%

How much money is ASHAPURA MINECHEM LTD. making?

Current yearPrevious yearGrowGrow %
Making money$1m$4.1m-$3m-289.5%
Net Profit Margin3.3%12.5%--

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

3. Financial Health of ASHAPURA MINECHEM LTD. (5 min.)






Fundamentals of ASHAPURA MINECHEM LTD.

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 inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

1.1. Profitability of ASHAPURA MINECHEM LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ASHAPURA MINECHEM LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare ASHAPURA MINECHEM LTD. to the  industry mean.
  • A Net Profit Margin of 2.6% means that ₹0.03 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 2.6%. The company is making a profit. +1
  • The TTM is 3.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM3.3%-0.7%
TTM3.3%YOY12.5%-9.2%
TTM3.3%5Y6.4%-3.1%
5Y6.4%10Y6.4%0.0%
1.1.2. Return on Assets

Shows how efficient ASHAPURA MINECHEM LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ASHAPURA MINECHEM LTD. to the  industry mean.
  • 0.2% Return on Assets means that ASHAPURA MINECHEM LTD. generated ₹0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.4%-0.2%
TTM0.4%YOY1.5%-1.1%
TTM0.4%5Y0.7%-0.4%
5Y0.7%10Y0.7%0.0%
1.1.3. Return on Equity

Shows how efficient ASHAPURA MINECHEM LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ASHAPURA MINECHEM LTD. to the  industry mean.
  • 0.9% Return on Equity means ASHAPURA MINECHEM LTD. generated ₹0.01 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 0.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM1.6%-0.7%
TTM1.6%YOY6.3%-4.7%
TTM1.6%5Y3.2%-1.6%
5Y3.2%10Y3.2%0.0%

1.2. Operating Efficiency of ASHAPURA MINECHEM LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ASHAPURA MINECHEM LTD. is operating .

  • Measures how much profit ASHAPURA MINECHEM LTD. 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 ASHAPURA MINECHEM LTD. to the  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 ASHAPURA MINECHEM LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient ASHAPURA MINECHEM LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.38 means that the operating costs are ₹1.38 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 1.380. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.652. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.380TTM1.652-0.273
TTM1.652YOY1.231+0.422
TTM1.6525Y1.512+0.141
5Y1.51210Y1.5120.000

1.3. Liquidity of ASHAPURA MINECHEM LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if ASHAPURA MINECHEM LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.27 means the company has ₹1.27 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 1.272. The company is just able to pay all its short-term debts.
  • The TTM is 1.205. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.272TTM1.205+0.067
TTM1.205YOY1.202+0.003
TTM1.2055Y1.204+0.001
5Y1.20410Y1.2040.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare ASHAPURA MINECHEM LTD. to the  industry mean.
  • A Quick Ratio of 0.29 means the company can pay off ₹0.29 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 0.291. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.283. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.291TTM0.283+0.008
TTM0.283YOY0.287-0.004
TTM0.2835Y0.284-0.001
5Y0.28410Y0.2840.000

1.4. Solvency of ASHAPURA MINECHEM LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ASHAPURA MINECHEM LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ASHAPURA MINECHEM LTD. to industry mean.
  • A Debt to Asset Ratio of 0.78 means that ASHAPURA MINECHEM LTD. assets are financed with 77.5% credit (debt) and the remaining percentage (100% - 77.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 0.775. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.780. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.775TTM0.780-0.005
TTM0.780YOY0.765+0.016
TTM0.7805Y0.775+0.005
5Y0.77510Y0.7750.000
1.4.2. Debt to Equity Ratio

Measures if ASHAPURA MINECHEM LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ASHAPURA MINECHEM LTD. to the  industry mean.
  • A Debt to Equity ratio of 343.3% means that company has ₹3.43 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 3.433. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.542. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.433TTM3.542-0.109
TTM3.542YOY3.245+0.297
TTM3.5425Y3.443+0.099
5Y3.44310Y3.4430.000

2. Market Valuation of ASHAPURA MINECHEM LTD.

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings ASHAPURA MINECHEM LTD. generates.

  • Above 15 is considered overpriced but always compare ASHAPURA MINECHEM LTD. to the  industry mean.
  • A PE ratio of 161.73 means the investor is paying ₹161.73 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ASHAPURA MINECHEM LTD.:

  • The EOD is 231.246. Seems overpriced? -1
  • The MRQ is 161.728. Seems overpriced? -1
  • The TTM is 128.031. Seems overpriced? -1
Trends
Current periodCompared to+/- 
EOD231.246MRQ161.728+69.518
MRQ161.728TTM128.031+33.697
TTM128.031YOY33.156+94.875
TTM128.0315Y96.406+31.625
5Y96.40610Y96.4060.000
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of ASHAPURA MINECHEM LTD..

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of ASHAPURA MINECHEM LTD.:

  • The MRQ is 392.591. Seems overpriced? -1
  • The TTM is 326.010. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ392.591TTM326.010+66.581
TTM326.0105Y326.0100.000
5Y326.01010Y326.0100.000

2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 1.43 means the investor is paying ₹1.43 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of ASHAPURA MINECHEM LTD.:

  • The EOD is 2.050. Good. +1
  • The MRQ is 1.434. Good. +1
  • The TTM is 1.833. Good. +1
Trends
Current periodCompared to+/- 
EOD2.050MRQ1.434+0.616
MRQ1.434TTM1.833-0.399
TTM1.833YOY2.082-0.248
TTM1.8335Y1.916-0.083
5Y1.91610Y1.9160.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ASHAPURA MINECHEM 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--5.6771.793+217%59.043-90%20.876-73%20.876-73%
Book Value Growth--1.1001.032+7%--1.032+7%1.032+7%
Book Value Per Share--62.62959.791+5%59.043+6%59.542+5%59.542+5%
Book Value Per Share Growth--1.1001.032+7%--1.032+7%1.032+7%
Current Ratio--1.2721.205+6%1.202+6%1.204+6%1.204+6%
Debt To Asset Ratio--0.7750.780-1%0.765+1%0.775+0%0.775+0%
Debt To Equity Ratio--3.4333.542-3%3.245+6%3.4430%3.4430%
Dividend Per Share----0%-0%-0%-0%
Eps--0.5550.952-42%3.707-85%1.870-70%1.870-70%
Eps Growth--0.4120.388+6%--0.388+6%0.388+6%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Net Profit Margin--0.0260.033-22%0.125-80%0.064-60%0.064-60%
Operating Margin----0%-0%-0%-0%
Operating Ratio--1.3801.652-17%1.231+12%1.512-9%1.512-9%
Pb Ratio2.050+30%1.4341.833-22%2.082-31%1.916-25%1.916-25%
Pe Ratio231.246+30%161.728128.031+26%33.156+388%96.406+68%96.406+68%
Peg Ratio--392.591326.010+20%--326.010+20%326.010+20%
Price Per Share128.400+30%89.800108.475-17%122.900-27%113.283-21%113.283-21%
Price To Total Gains Ratio22.618+30%15.819-22.495+242%2.082+660%-14.303+190%-14.303+190%
Profit Growth--0.4120.388+6%--0.388+6%0.388+6%
Quick Ratio--0.2910.283+3%0.287+1%0.284+2%0.284+2%
Return On Assets--0.0020.004-44%0.015-87%0.007-73%0.007-73%
Return On Equity--0.0090.016-46%0.063-86%0.032-72%0.032-72%
Revenue Growth--0.6480.888-27%--0.888-27%0.888-27%
Total Gains Per Share--5.6771.793+217%59.043-90%20.876-73%20.876-73%
Total Gains Per Share Growth--4.7152.340+102%--2.340+102%2.340+102%
Usd Book Value--69902352.20066734286.700+5%65900032.400+6%66456201.933+5%66456201.933+5%
Usd Book Value Change Per Share--0.0690.022+217%0.720-90%0.255-73%0.255-73%
Usd Book Value Per Share--0.7640.729+5%0.720+6%0.726+5%0.726+5%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0070.012-42%0.045-85%0.023-70%0.023-70%
Usd Free Cash Flow----0%-0%-0%-0%
Usd Price Per Share1.566+30%1.0961.323-17%1.499-27%1.382-21%1.382-21%
Usd Profit--619735.6001062064.900-42%4137227.400-85%2087119.067-70%2087119.067-70%
Usd Revenue--24124841.20030664273.000-21%32966559.400-27%31431701.800-23%31431701.800-23%
Usd Total Gains Per Share--0.0690.022+217%0.720-90%0.255-73%0.255-73%
 EOD+2 -3MRQTTM+20 -11YOY+8 -165Y+15 -1610Y+15 -16

3.2. Fundamental Score

Let's check the fundamental score of ASHAPURA MINECHEM LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15231.246
Price to Book Ratio (EOD)Between0-12.050
Net Profit Margin (MRQ)Greater than00.026
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.291
Current Ratio (MRQ)Greater than11.272
Debt to Asset Ratio (MRQ)Less than10.775
Debt to Equity Ratio (MRQ)Less than13.433
Return on Equity (MRQ)Greater than0.150.009
Return on Assets (MRQ)Greater than0.050.002
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of ASHAPURA MINECHEM LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.182
Ma 20Greater thanMa 50143.043
Ma 50Greater thanMa 100131.565
Ma 100Greater thanMa 200117.136
OpenGreater thanClose132.850
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2022-09-30. Currency in INR. All numbers in thousands.

Summary
Total Assets25,517,412
Total Liabilities19,787,711
Total Stockholder Equity5,764,778
 As reported
Total Liabilities 19,787,711
Total Stockholder Equity+ 5,764,778
Total Assets = 25,517,412

Assets

Total Assets25,517,412
Total Current Assets13,704,242
Long-term Assets13,704,242
Total Current Assets
Cash And Cash Equivalents 374,606
Short-term Investments 1,118,019
Net Receivables 2,014,993
Inventory 4,709,041
Other Current Assets 4,382,838
Total Current Assets  (as reported)13,704,242
Total Current Assets  (calculated)12,599,497
+/- 1,104,745
Long-term Assets
Goodwill 392,009
Intangible Assets 718,042
Long-term Assets Other 82,927
Long-term Assets  (as reported)11,813,170
Long-term Assets  (calculated)1,192,978
+/- 10,620,192

Liabilities & Shareholders' Equity

Total Current Liabilities10,772,878
Long-term Liabilities9,014,833
Total Stockholder Equity5,764,778
Total Current Liabilities
Short Long Term Debt 825,898
Accounts payable 2,425,804
Other Current Liabilities 5,117,471
Total Current Liabilities  (as reported)10,772,878
Total Current Liabilities  (calculated)8,369,173
+/- 2,403,705
Long-term Liabilities
Long term Debt 5,702,046
Capital Lease Obligations Min Short Term Debt8,521
Long-term Liabilities Other 3,165,688
Long-term Liabilities  (as reported)9,014,833
Long-term Liabilities  (calculated)8,876,255
+/- 138,578
Total Stockholder Equity
Total Stockholder Equity (as reported)5,764,778
Total Stockholder Equity (calculated)0
+/- 5,764,778
Other
Capital Stock182,972
Common Stock Shares Outstanding 91,486
Net Debt 6,153,338
Net Invested Capital 12,292,722
Net Working Capital 2,931,364



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-09-302022-03-312021-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
0
0
0
0
22,936,952
24,243,065
25,517,412
25,517,41224,243,06522,936,9520000
   > Total Current Assets 
5,495,016
0
7,710,077
0
12,031,227
12,873,729
13,704,242
13,704,24212,873,72912,031,22707,710,07705,495,016
       Cash And Cash Equivalents 
0
0
0
0
689,196
234,273
374,606
374,606234,273689,1960000
       Short-term Investments 
0
0
0
0
653,227
3,042
1,118,019
1,118,0193,042653,2270000
       Net Receivables 
1,194,447
0
3,297,656
0
2,218,879
3,103,465
2,014,993
2,014,9933,103,4652,218,87903,297,65601,194,447
       Inventory 
1,404,239
0
2,240,296
0
3,635,844
4,135,746
4,709,041
4,709,0414,135,7463,635,84402,240,29601,404,239
       Other Current Assets 
2,612,858
0
1,498,101
0
3,689,225
-1
4,382,838
4,382,838-13,689,22501,498,10102,612,858
   > Long-term Assets 
0
0
0
0
10,905,724
11,369,336
11,813,170
11,813,17011,369,33610,905,7240000
       Property Plant Equipment 
2,192,103
0
5,227,825
0
0
0
0
00005,227,82502,192,103
       Goodwill 
0
0
0
0
397,115
391,434
392,009
392,009391,434397,1150000
       Intangible Assets 
0
0
0
0
606,717
608,842
718,042
718,042608,842606,7170000
       Long-term Assets Other 
0
0
0
0
5,551
3
82,927
82,92735,5510000
> Total Liabilities 
0
0
0
0
17,535,310
19,032,719
19,787,711
19,787,71119,032,71917,535,3100000
   > Total Current Liabilities 
11,304,080
0
7,510,467
0
10,009,278
11,317,808
10,772,878
10,772,87811,317,80810,009,27807,510,467011,304,080
       Short Long Term Debt 
0
0
0
0
1,055,944
1,070,780
825,898
825,8981,070,7801,055,9440000
       Accounts payable 
1,004,146
0
1,380,036
0
3,529,781
3,536,982
2,425,804
2,425,8043,536,9823,529,78101,380,03601,004,146
       Other Current Liabilities 
9,683,574
0
5,586,135
0
3,506,011
548,049
5,117,471
5,117,471548,0493,506,01105,586,13509,683,574
   > Long-term Liabilities 
0
0
0
0
7,526,032
7,714,911
9,014,833
9,014,8337,714,9117,526,0320000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
7,416
38,245
8,521
8,52138,2457,4160000
       Long-term Liabilities Other 
0
0
0
0
2,426,818
5,005
3,165,688
3,165,6885,0052,426,8180000
> Total Stockholder Equity
0
0
0
0
5,403,600
5,212,315
5,764,778
5,764,7785,212,3155,403,6000000
   Retained Earnings 
0
0
0
0
0
3,065,921
0
03,065,92100000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2022-03-31)

Gross Profit (+$)
totalRevenue12,515,729
Cost of Revenue-5,506,924
Gross Profit7,008,8057,008,805
 
Operating Income (+$)
Gross Profit7,008,805
Operating Expense-12,079,023
Operating Income436,706-5,070,218
 
Operating Expense (+$)
Research Development-
Selling General Administrative5,126,342
Selling And Marketing Expenses-
Operating Expense12,079,0235,126,342
 
Net Interest Income (+$)
Interest Income44,674
Interest Expense-556,262
Other Finance Cost-35,228
Net Interest Income-546,816
 
Pretax Income (+$)
Operating Income436,706
Net Interest Income-546,816
Other Non-Operating Income Expenses-
Income Before Tax (EBT)977,916436,706
EBIT - interestExpense = -556,262
865,174
1,421,436
Interest Expense556,262
Earnings Before Interest and Taxes (EBIT)-1,534,178
Earnings Before Interest and Taxes (EBITDA)2,115,461
 
After tax Income (+$)
Income Before Tax977,916
Tax Provision-112,592
Net Income From Continuing Ops865,324865,324
Net Income865,174
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-546,816
 

Technicals of ASHAPURA MINECHEM LTD.

1. Trend Indicators

1.1 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.

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

ASHAPURA MINECHEM LTD. Daily Moving Averages ChartASHAPURA MINECHEM LTD. Daily Moving Averages Chart
1.2 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.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of ASHAPURA MINECHEM LTD.:

  • The Moving Average Convergence/Divergence (MACD) is 1.167. The Moving Average Convergence/Divergence (MACD) above zero is a bullish sign. +1
  • The MACD is lower than the signal line. This is a bearish indication. -1
ASHAPURA MINECHEM LTD. Daily Moving Average Convergence/Divergence (MACD) ChartASHAPURA MINECHEM LTD. Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 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. Let's take a look of the ADX of ASHAPURA MINECHEM LTD.:

  • The ADX is 32.166. Strong Trend. +1
  • The ADX is declining, the current trend is weakening. -1
  • The +DI is lower than the -DI. The current trend is down. -2
ASHAPURA MINECHEM LTD. Daily Directional Movement Index (DMI) ChartASHAPURA MINECHEM LTD. Daily Directional Movement Index (DMI) Chart
1.4 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..
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • ASHAPURA MINECHEM LTD. Daily Parabolic SAR ChartASHAPURA MINECHEM LTD. Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 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
    • The RSI is below 50. -1
    ASHAPURA MINECHEM LTD. Daily Relative Strength Index (RSI) ChartASHAPURA MINECHEM LTD. Daily Relative Strength Index (RSI) Chart
    2.2 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
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    ASHAPURA MINECHEM LTD. Daily Stochastic Oscillator ChartASHAPURA MINECHEM LTD. Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    ASHAPURA MINECHEM LTD. Daily Commodity Channel Index (CCI) ChartASHAPURA MINECHEM LTD. Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    ASHAPURA MINECHEM LTD. Daily Chande Momentum Oscillator (CMO) ChartASHAPURA MINECHEM LTD. Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    ASHAPURA MINECHEM LTD. Daily Williams %R ChartASHAPURA MINECHEM LTD. Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    ASHAPURA MINECHEM LTD. Daily Bollinger Bands ChartASHAPURA MINECHEM LTD. Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    ASHAPURA MINECHEM LTD. Daily Average True Range (ATR) ChartASHAPURA MINECHEM LTD. Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    ASHAPURA MINECHEM LTD. Daily On-Balance Volume (OBV) ChartASHAPURA MINECHEM LTD. Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    ASHAPURA MINECHEM LTD. Daily Money Flow Index (MFI) ChartASHAPURA MINECHEM LTD. Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for ASHAPURA MINECHEM LTD..

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-05-17STOCH SHORT ENTRY LONG CLOSE80 crossover to downside
    2023-05-22MFI80 crossover to downside
    2023-05-23MACD LONG ENTRY SHORT CLOSE
    2023-05-25MACD SHORT ENTRY LONG CLOSE
    DMI LONG ENTRY SHORT CLOSE
    SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    CCI LONG ENTRY SHORT CLOSE100 crossover to upside
    WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
    ATR LONG ENTRY SHORT CLOSE
    MFI80 crossover to upside

    5.2. Technical Score

    Let's check the technical score of ASHAPURA MINECHEM LTD. based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5039.182
    Ma 20Greater thanMa 50143.043
    Ma 50Greater thanMa 100131.565
    Ma 100Greater thanMa 200117.136
    OpenGreater thanClose132.850
    Total4/5 (80.0%)

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