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ASHISH POLYPLAST LTD.
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Let's analyse ASHISH POLYPLAST LTD. together

PenkeI guess you are interested in ASHISH POLYPLAST 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 ASHISH POLYPLAST 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.

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Quick analysis of ASHISH POLYPLAST LTD. (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR16.57
Expected worth in 1 year
INR18.57
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR2.00
Return On Investment
7.4%

For what price can you sell your share?

Current Price per Share
INR26.96
Expected price per share
INR22.00 - INR29.73
How sure are you?
50%

1. Valuation of ASHISH POLYPLAST LTD. (5 min.)




Live pricePrice per Share (EOD)

INR26.96

Intrinsic Value Per Share

INR-22.59 - INR-27.43

Total Value Per Share

INR-6.03 - INR-10.86

2. Growth of ASHISH POLYPLAST LTD. (5 min.)




Is ASHISH POLYPLAST LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$675.4k$655k$20.4k3.0%

How much money is ASHISH POLYPLAST LTD. making?

Current yearPrevious yearGrowGrow %
Making money$22.7k$38.5k-$15.8k-69.9%
Net Profit Margin1.2%2.0%--

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

3. Financial Health of ASHISH POLYPLAST LTD. (5 min.)




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

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

What can you expect buying and holding a share of ASHISH POLYPLAST LTD.?

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

Speculation

The Price per Share of ASHISH POLYPLAST LTD. is INR26.96. 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 ASHISH POLYPLAST LTD..
  • 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 ASHISH POLYPLAST LTD., 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 INR16.57. Based on the TTM, the Book Value Change Per Share is INR0.50 per quarter. Based on the YOY, the Book Value Change Per Share is INR0.90 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ASHISH POLYPLAST LTD..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.010.0%0.010.0%0.010.0%0.040.1%0.040.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.0%0.010.0%0.010.0%0.040.1%0.040.1%
Usd Price Per Share0.16-0.16-0.64-0.19-0.19-
Price to Earnings Ratio23.92-23.92-56.57-22.92-22.92-
Price-to-Total Gains Ratio26.62-26.62-59.55-23.55-23.55-
Price to Book Ratio0.80-0.80-3.33-1.00-1.00-
Price-to-Total Gains Ratio26.62-26.62-59.55-23.55-23.55-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.32352
Number of shares3090
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.04
Usd Total Gains Per Share0.010.04
Gains per Quarter (3090 shares)18.56122.86
Gains per Year (3090 shares)74.26491.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1074640491481
201491380983972
30223212014741463
40297286019661954
50371360024572445
60446434029492936
70520508034403427
80594582039323918
90668656044234409
100743730049154900

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.05.00.0%0.00.05.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%

Fundamentals of ASHISH POLYPLAST LTD.

About ASHISH POLYPLAST LTD.

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 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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of ASHISH POLYPLAST LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ASHISH POLYPLAST LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare ASHISH POLYPLAST LTD. to the  industry mean.
  • A Net Profit Margin of 1.2% means that ₹0.01 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ASHISH POLYPLAST LTD.:

  • The MRQ is 1.2%. The company is making a profit. +1
  • The TTM is 1.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM1.2%0.0%
TTM1.2%YOY2.0%-0.8%
TTM1.2%5Y1.6%-0.4%
5Y1.6%10Y1.6%0.0%
1.1.2. Return on Assets

Shows how efficient ASHISH POLYPLAST LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ASHISH POLYPLAST LTD. to the  industry mean.
  • 2.4% Return on Assets means that ASHISH POLYPLAST LTD. generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ASHISH POLYPLAST LTD.:

  • The MRQ is 2.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.4%0.0%
TTM2.4%YOY4.3%-1.9%
TTM2.4%5Y3.1%-0.8%
5Y3.1%10Y3.1%0.0%
1.1.3. Return on Equity

Shows how efficient ASHISH POLYPLAST LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ASHISH POLYPLAST LTD. to the  industry mean.
  • 3.4% Return on Equity means ASHISH POLYPLAST LTD. generated ₹0.03 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ASHISH POLYPLAST LTD.:

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.4%0.0%
TTM3.4%YOY5.9%-2.5%
TTM3.4%5Y4.2%-0.9%
5Y4.2%10Y4.2%0.0%

1.2. Operating Efficiency of ASHISH POLYPLAST LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ASHISH POLYPLAST LTD. is operating .

  • Measures how much profit ASHISH POLYPLAST 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 ASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y1.0%-1.0%
5Y1.0%10Y1.0%0.0%
1.2.2. Operating Ratio

Measures how efficient ASHISH POLYPLAST LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.85 means that the operating costs are ₹1.85 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of ASHISH POLYPLAST LTD.:

  • The MRQ is 1.849. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.849. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.849TTM1.8490.000
TTM1.849YOY1.856-0.006
TTM1.8495Y1.859-0.010
5Y1.85910Y1.8590.000

1.3. Liquidity of ASHISH POLYPLAST LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if ASHISH POLYPLAST LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 2.13 means the company has ₹2.13 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of ASHISH POLYPLAST LTD.:

  • The MRQ is 2.128. The company is able to pay all its short-term debts. +1
  • The TTM is 2.128. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.128TTM2.1280.000
TTM2.128YOY2.211-0.083
TTM2.1285Y2.398-0.270
5Y2.39810Y2.3980.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare ASHISH POLYPLAST LTD. to the  industry mean.
  • A Quick Ratio of 0.76 means the company can pay off ₹0.76 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ASHISH POLYPLAST LTD.:

  • The MRQ is 0.763. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.763. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.763TTM0.7630.000
TTM0.763YOY0.843-0.081
TTM0.7635Y1.005-0.242
5Y1.00510Y1.0050.000

1.4. Solvency of ASHISH POLYPLAST LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ASHISH POLYPLAST LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ASHISH POLYPLAST LTD. to industry mean.
  • A Debt to Asset Ratio of 0.29 means that ASHISH POLYPLAST LTD. assets are financed with 29.5% credit (debt) and the remaining percentage (100% - 29.5%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.295. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.295. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.295TTM0.2950.000
TTM0.295YOY0.272+0.022
TTM0.2955Y0.275+0.020
5Y0.27510Y0.2750.000
1.4.2. Debt to Equity Ratio

Measures if ASHISH POLYPLAST LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ASHISH POLYPLAST LTD. to the  industry mean.
  • A Debt to Equity ratio of 41.8% means that company has ₹0.42 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.418. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.418. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.418TTM0.4180.000
TTM0.418YOY0.375+0.043
TTM0.4185Y0.382+0.036
5Y0.38210Y0.3820.000

2. Market Valuation of ASHISH POLYPLAST 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 ASHISH POLYPLAST LTD. generates.

  • Above 15 is considered overpriced but always compare ASHISH POLYPLAST LTD. to the  industry mean.
  • A PE ratio of 23.92 means the investor is paying ₹23.92 for every ₹1 in earnings.

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

  • The EOD is 48.387. Based on the earnings, the company is overpriced. -1
  • The MRQ is 23.924. Based on the earnings, the company is fair priced.
  • The TTM is 23.924. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD48.387MRQ23.924+24.463
MRQ23.924TTM23.9240.000
TTM23.924YOY56.572-32.648
TTM23.9245Y22.917+1.007
5Y22.91710Y22.9170.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ASHISH POLYPLAST LTD.:

  • The EOD is -199.123. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -98.454. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -98.454. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-199.123MRQ-98.454-100.669
MRQ-98.454TTM-98.4540.000
TTM-98.454YOY-52.205-46.248
TTM-98.4545Y-28.843-69.611
5Y-28.84310Y-28.8430.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of ASHISH POLYPLAST 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 0.80 means the investor is paying ₹0.80 for each ₹1 in book value.

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

  • The EOD is 1.627. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.805. Based on the equity, the company is cheap. +2
  • The TTM is 0.805. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.627MRQ0.805+0.823
MRQ0.805TTM0.8050.000
TTM0.805YOY3.333-2.528
TTM0.8055Y1.001-0.197
5Y1.00110Y1.0010.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ASHISH POLYPLAST 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--0.5010.5010%0.899-44%3.313-85%3.313-85%
Book Value Per Share--16.56716.5670%16.067+3%15.156+9%15.156+9%
Current Ratio--2.1282.1280%2.211-4%2.398-11%2.398-11%
Debt To Asset Ratio--0.2950.2950%0.272+8%0.275+7%0.275+7%
Debt To Equity Ratio--0.4180.4180%0.375+12%0.382+9%0.382+9%
Dividend Per Share----0%-0%-0%-0%
Eps--0.5570.5570%0.947-41%0.650-14%0.650-14%
Free Cash Flow Per Share---0.135-0.1350%-1.026+658%0.760-118%0.760-118%
Free Cash Flow To Equity Per Share---0.135-0.1350%-1.026+658%0.176-177%0.176-177%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---27.426--------
Intrinsic Value_10Y_min---22.594--------
Intrinsic Value_1Y_max---0.559--------
Intrinsic Value_1Y_min---0.543--------
Intrinsic Value_3Y_max---3.347--------
Intrinsic Value_3Y_min---3.132--------
Intrinsic Value_5Y_max---8.148--------
Intrinsic Value_5Y_min---7.345--------
Market Cap--45288675.00045288675.0000%181936125.000-75%53639730.000-16%53639730.000-16%
Net Profit Margin--0.0120.0120%0.020-40%0.016-24%0.016-24%
Operating Margin----0%-0%0.010-100%0.010-100%
Operating Ratio--1.8491.8490%1.8560%1.859-1%1.859-1%
Pb Ratio1.627+51%0.8050.8050%3.333-76%1.001-20%1.001-20%
Pe Ratio48.387+51%23.92423.9240%56.572-58%22.917+4%22.917+4%
Price Per Share26.960+51%13.33013.3300%53.550-75%15.788-16%15.788-16%
Price To Free Cash Flow Ratio-199.123-102%-98.454-98.4540%-52.205-47%-28.843-71%-28.843-71%
Price To Total Gains Ratio53.849+51%26.62526.6250%59.554-55%23.552+13%23.552+13%
Quick Ratio--0.7630.7630%0.843-10%1.005-24%1.005-24%
Return On Assets--0.0240.0240%0.043-45%0.031-24%0.031-24%
Return On Equity--0.0340.0340%0.059-43%0.042-21%0.042-21%
Total Gains Per Share--0.5010.5010%0.899-44%3.313-85%3.313-85%
Usd Book Value--675456.000675456.0000%655044.000+3%617904.007+9%617904.007+9%
Usd Book Value Change Per Share--0.0060.0060%0.011-44%0.040-85%0.040-85%
Usd Book Value Per Share--0.1990.1990%0.193+3%0.182+9%0.182+9%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0070.0070%0.011-41%0.008-14%0.008-14%
Usd Free Cash Flow---5520.000-5520.0000%-41820.000+658%30970.354-118%30970.354-118%
Usd Free Cash Flow Per Share---0.002-0.0020%-0.012+658%0.009-118%0.009-118%
Usd Free Cash Flow To Equity Per Share---0.002-0.0020%-0.012+658%0.002-177%0.002-177%
Usd Market Cap--543464.100543464.1000%2183233.500-75%643676.760-16%643676.760-16%
Usd Price Per Share0.324+51%0.1600.1600%0.643-75%0.189-16%0.189-16%
Usd Profit--22716.00022716.0000%38592.000-41%26518.438-14%26518.438-14%
Usd Revenue--1923984.0001923984.0000%1948872.000-1%1719770.710+12%1719770.710+12%
Usd Total Gains Per Share--0.0060.0060%0.011-44%0.040-85%0.040-85%
 EOD+3 -3MRQTTM+0 -0YOY+13 -195Y+9 -2410Y+9 -24

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1548.387
Price to Book Ratio (EOD)Between0-11.627
Net Profit Margin (MRQ)Greater than00.012
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.763
Current Ratio (MRQ)Greater than12.128
Debt to Asset Ratio (MRQ)Less than10.295
Debt to Equity Ratio (MRQ)Less than10.418
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.024
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.397
Ma 20Greater thanMa 5028.012
Ma 50Greater thanMa 10026.045
Ma 100Greater thanMa 20023.435
OpenGreater thanClose27.200
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets79,811
Total Liabilities23,523
Total Stockholder Equity56,288
 As reported
Total Liabilities 23,523
Total Stockholder Equity+ 56,288
Total Assets = 79,811

Assets

Total Assets79,811
Total Current Assets39,020
Long-term Assets40,791
Total Current Assets
Cash And Cash Equivalents 3,644
Net Receivables 13,983
Inventory 21,166
Other Current Assets 169
Total Current Assets  (as reported)39,020
Total Current Assets  (calculated)38,962
+/- 58
Long-term Assets
Property Plant Equipment 26,078
Intangible Assets 110
Long-term Assets Other 1
Long-term Assets  (as reported)40,791
Long-term Assets  (calculated)26,189
+/- 14,602

Liabilities & Shareholders' Equity

Total Current Liabilities18,337
Long-term Liabilities5,186
Total Stockholder Equity56,288
Total Current Liabilities
Short Long Term Debt 11,696
Accounts payable 5,011
Other Current Liabilities 546
Total Current Liabilities  (as reported)18,337
Total Current Liabilities  (calculated)17,253
+/- 1,084
Long-term Liabilities
Long term Debt 3,064
Long-term Liabilities Other 1
Long-term Liabilities  (as reported)5,186
Long-term Liabilities  (calculated)3,065
+/- 2,121
Total Stockholder Equity
Retained Earnings 21,636
Total Stockholder Equity (as reported)56,288
Total Stockholder Equity (calculated)21,636
+/- 34,652
Other
Capital Stock33,975
Common Stock Shares Outstanding 3,398
Net Debt 11,116
Net Invested Capital 71,048
Net Working Capital 20,683
Property Plant and Equipment Gross 38,067



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
68,524
66,866
65,410
75,031
79,811
79,81175,03165,41066,86668,52400
   > Total Current Assets 
49,284
49,543
43,093
39,112
34,892
40,138
39,020
39,02040,13834,89239,11243,09349,54349,284
       Cash And Cash Equivalents 
0
0
49
217
483
1,002
3,644
3,6441,0024832174900
       Short-term Investments 
0
0
0
0
177
112
0
01121770000
       Net Receivables 
22,121
22,542
20,540
19,129
13,463
15,201
13,983
13,98315,20113,46319,12920,54022,54222,121
       Inventory 
25,905
26,175
22,357
19,326
20,769
23,822
21,166
21,16623,82220,76919,32622,35726,17525,905
       Other Current Assets 
219
570
35
259
0
1
169
1691025935570219
   > Long-term Assets 
0
0
25,373
27,754
30,518
34,893
40,791
40,79134,89330,51827,75425,37300
       Property Plant Equipment 
18,286
17,444
20,246
19,507
17,323
21,481
26,078
26,07821,48117,32319,50720,24617,44418,286
       Intangible Assets 
0
0
0
0
0
0
110
110000000
       Long-term Assets Other 
0
0
0
0
99
818
1
1818990000
> Total Liabilities 
0
0
21,800
18,537
13,878
20,444
23,523
23,52320,44413,87818,53721,80000
   > Total Current Liabilities 
28,085
24,162
18,918
16,525
11,606
18,157
18,337
18,33718,15711,60616,52518,91824,16228,085
       Short Long Term Debt 
0
0
9,259
7,106
3,888
10,126
11,696
11,69610,1263,8887,1069,25900
       Accounts payable 
7,398
6,728
6,201
5,473
5,318
4,281
5,011
5,0114,2815,3185,4736,2016,7287,398
       Other Current Liabilities 
6,039
3,638
3,392
3,862
528
422
546
5464225283,8623,3923,6386,039
   > Long-term Liabilities 
0
0
2,883
2,012
2,272
2,287
5,186
5,1862,2872,2722,0122,88300
       Long-term Liabilities Other 
0
0
0
0
1
0
1
1010000
> Total Stockholder Equity
0
0
46,724
48,329
51,532
54,587
56,288
56,28854,58751,53248,32946,72400
   Retained Earnings 
9,371
11,555
12,749
14,354
16,880
19,935
21,636
21,63619,93516,88014,35412,74911,5559,371
   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, 2023-03-31)

Gross Profit (+$)
totalRevenue160,332
Cost of Revenue-139,612
Gross Profit20,72020,720
 
Operating Income (+$)
Gross Profit20,720
Operating Expense-156,916
Operating Income3,416-136,196
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,649
Selling And Marketing Expenses0
Operating Expense156,9161,649
 
Net Interest Income (+$)
Interest Income27
Interest Expense-907
Other Finance Cost-204
Net Interest Income-1,084
 
Pretax Income (+$)
Operating Income3,416
Net Interest Income-1,084
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,6143,416
EBIT - interestExpense = -907
1,893
2,800
Interest Expense907
Earnings Before Interest and Taxes (EBIT)03,521
Earnings Before Interest and Taxes (EBITDA)6,354
 
After tax Income (+$)
Income Before Tax2,614
Tax Provision-721
Net Income From Continuing Ops1,8931,893
Net Income1,893
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net01,084
 

Technical Analysis of ASHISH POLYPLAST LTD.
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 ASHISH POLYPLAST LTD.. The general trend of ASHISH POLYPLAST LTD. is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ASHISH POLYPLAST LTD.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of ASHISH POLYPLAST LTD..

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 29.72 < 29.73 < 29.73.

The bearish price targets are: 26.11 > 22.34 > 22.00.

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ASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

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

Directionalities and relatives.

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

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

ASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current macd is 0.36426732.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 ASHISH POLYPLAST LTD. price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for ASHISH POLYPLAST LTD.. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the ASHISH POLYPLAST LTD. price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
ASHISH POLYPLAST LTD. Daily Moving Average Convergence/Divergence (MACD) ChartASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current adx is 20.01.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell ASHISH POLYPLAST LTD. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
ASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current sar is 29.72.

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
ASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current rsi is 47.40. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
ASHISH POLYPLAST LTD. Daily Relative Strength Index (RSI) ChartASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • 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 ASHISH POLYPLAST LTD. price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
ASHISH POLYPLAST LTD. Daily Stochastic Oscillator ChartASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current cci is -130.90025607.

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
ASHISH POLYPLAST LTD. Daily Commodity Channel Index (CCI) ChartASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current cmo is -16.41770028.

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
ASHISH POLYPLAST LTD. Daily Chande Momentum Oscillator (CMO) ChartASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current willr is -74.26273458.

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

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

ASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current atr is 1.26045778.

ASHISH POLYPLAST LTD. Daily Average True Range (ATR) ChartASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current obv is 216,135.

ASHISH POLYPLAST LTD. Daily On-Balance Volume (OBV) ChartASHISH POLYPLAST 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 ASHISH POLYPLAST LTD.. The current mfi is 49.49.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
ASHISH POLYPLAST LTD. Daily Money Flow Index (MFI) ChartASHISH POLYPLAST LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ASHISH POLYPLAST 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
2023-11-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-07DMI 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.
2023-11-08DMI 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.
2023-11-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05STOCH 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
2023-12-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03MACD 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
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09CCI 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.
2024-01-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-09BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04SAR 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
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14DMI 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
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

ASHISH POLYPLAST LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.397
Ma 20Greater thanMa 5028.012
Ma 50Greater thanMa 10026.045
Ma 100Greater thanMa 20023.435
OpenGreater thanClose27.200
Total4/5 (80.0%)
Penke

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