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Adveritas Ltd
Buy, Hold or Sell?

Let's analyse Adveritas together

PenkeI guess you are interested in Adveritas 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 Adveritas 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 Adveritas (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.04
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$0.01
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.07
Return On Investment
114.4%

For what price can you sell your share?

Current Price per Share
A$0.07
Expected price per share
A$0.055 - A$0.07
How sure are you?
50%

1. Valuation of Adveritas (5 min.)




Live pricePrice per Share (EOD)

A$0.07

Intrinsic Value Per Share

A$-0.17 - A$-0.14

Total Value Per Share

A$-0.17 - A$-0.13

2. Growth of Adveritas (5 min.)




Is Adveritas growing?

Current yearPrevious yearGrowGrow %
How rich?$1.7m$1m$690.9k39.2%

How much money is Adveritas making?

Current yearPrevious yearGrowGrow %
Making money-$7m-$5.8m-$1.1m-16.8%
Net Profit Margin-370.2%-447.0%--

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

3. Financial Health of Adveritas (5 min.)




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

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

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

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

Speculation

The Price per Share of Adveritas is A$0.065. 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 Adveritas.
  • 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 Adveritas, 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 A$0.00. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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 A$0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Adveritas.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-15.3%-0.01-15.3%-0.01-12.8%-0.01-12.7%-0.01-9.3%
Usd Book Value Change Per Share0.001.5%0.001.5%0.00-0.2%0.00-0.3%0.000.0%
Usd Dividend Per Share0.0117.0%0.0117.0%0.0111.0%0.019.9%0.005.0%
Usd Total Gains Per Share0.0118.5%0.0118.5%0.0110.8%0.019.6%0.005.0%
Usd Price Per Share0.03-0.03-0.04-0.05-0.10-
Price to Earnings Ratio-2.85--2.85--5.07--6.97--206.44-
Price-to-Total Gains Ratio2.37-2.37-5.96--12.44--120.54-
Price to Book Ratio11.41-11.41-27.71-25.10-26.50-
Price-to-Total Gains Ratio2.37-2.37-5.96--12.44--120.54-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0420355
Number of shares23789
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.010.01
Gains per Quarter (23789 shares)285.97148.86
Gains per Year (23789 shares)1,143.87595.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11051931134613-18585
2210218622781227-361180
3315327934221840-541775
4420437245662454-722370
5525546457103067-902965
6630655768543681-1083560
7735765079984294-1264155
8840874391424908-1444750
99459836102865521-1625345
1010510929114306135-1805940

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%1.09.00.010.0%1.010.00.09.1%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%2.03.00.040.0%5.05.00.050.0%6.05.00.054.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.01.080.0%4.00.06.040.0%4.00.07.036.4%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%7.04.00.063.6%

Fundamentals of Adveritas

About Adveritas Ltd

Adveritas Limited provides funnel measurement, verification, and fraud prevention solutions for digital advertising in Australia and internationally. It develops TrafficGuard, a fraud mitigation software as a service that detects, mitigates, and reports on digital ad fraud before it hits advertising budgets; and nxus, a proprietary ad mediation platform to track and attribute channel activity to identify profitable advertising channels. The company was formerly known as Tech Mpire Limited and changed its name to Adveritas Limited in December 2018. The company was incorporated in 2012 and is based in Bentley, Australia.

Fundamental data was last updated by Penke on 2024-04-09 23:45:03.

Financial Health

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

Valuation

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

1.1. Profitability of Adveritas Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Adveritas to the Software - Infrastructure industry mean.
  • A Net Profit Margin of -370.2% means that $-3.70 for each $1 in revenue is generated as profit.

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

  • The MRQ is -370.2%. The company is making a huge loss. -2
  • The TTM is -370.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-370.2%TTM-370.2%0.0%
TTM-370.2%YOY-447.0%+76.8%
TTM-370.2%5Y-711.2%+341.0%
5Y-711.2%10Y-1,389.6%+678.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Adveritas to the Software - Infrastructure industry mean.
  • -121.5% Return on Assets means that Adveritas generated $-1.22 profit for each $1 in assets.

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

  • The MRQ is -121.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -121.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-121.5%TTM-121.5%0.0%
TTM-121.5%YOY-127.4%+5.9%
TTM-121.5%5Y-152.8%+31.2%
5Y-152.8%10Y-103.3%-49.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Adveritas to the Software - Infrastructure industry mean.
  • -400.1% Return on Equity means Adveritas generated $-4.00 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -400.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -400.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-400.1%TTM-400.1%0.0%
TTM-400.1%YOY-547.0%+146.9%
TTM-400.1%5Y-376.3%-23.8%
5Y-376.3%10Y-226.8%-149.5%

1.2. Operating Efficiency of Adveritas Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Adveritas is operating .

  • Measures how much profit Adveritas 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 Adveritas to the Software - Infrastructure industry mean.
  • An Operating Margin of -347.5% means the company generated $-3.48  for each $1 in revenue (before taxes).

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

  • The MRQ is -347.5%. The company is operating very inefficient. -2
  • The TTM is -347.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-347.5%TTM-347.5%0.0%
TTM-347.5%YOY-508.0%+160.5%
TTM-347.5%5Y-760.9%+413.4%
5Y-760.9%10Y-1,372.3%+611.4%
1.2.2. Operating Ratio

Measures how efficient Adveritas is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 4.44 means that the operating costs are $4.44 for each $1 in net sales.

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

  • The MRQ is 4.443. The company is inefficient in keeping operating costs low. -1
  • The TTM is 4.443. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ4.443TTM4.4430.000
TTM4.443YOY5.434-0.991
TTM4.4435Y10.631-6.188
5Y10.63110Y22.964-12.333

1.3. Liquidity of Adveritas Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 1.45 means the company has $1.45 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.446. The company is just able to pay all its short-term debts.
  • The TTM is 1.446. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.446TTM1.4460.000
TTM1.446YOY2.797-1.351
TTM1.4465Y3.027-1.581
5Y3.02710Y50.704-47.677
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Adveritas to the Software - Infrastructure industry mean.
  • A Quick Ratio of 1.16 means the company can pay off $1.16 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 1.156. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.156. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.156TTM1.1560.000
TTM1.156YOY2.643-1.488
TTM1.1565Y2.850-1.694
5Y2.85010Y50.498-47.648

1.4. Solvency of Adveritas Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Adveritas to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.70 means that Adveritas assets are financed with 69.6% credit (debt) and the remaining percentage (100% - 69.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.696. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.696. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.696TTM0.6960.000
TTM0.696YOY0.767-0.071
TTM0.6965Y0.517+0.179
5Y0.51710Y0.377+0.141
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Adveritas to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 229.2% means that company has $2.29 debt for each $1 in shareholders equity.

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

  • The MRQ is 2.292. The company is just not able to pay all its debts with equity.
  • The TTM is 2.292. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.292TTM2.2920.000
TTM2.292YOY3.294-1.002
TTM2.2925Y1.548+0.744
5Y1.54810Y0.943+0.605

2. Market Valuation of Adveritas 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 Adveritas generates.

  • Above 15 is considered overpriced but always compare Adveritas to the Software - Infrastructure industry mean.
  • A PE ratio of -2.85 means the investor is paying $-2.85 for every $1 in earnings.

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

  • The EOD is -4.215. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.853. Based on the earnings, the company is expensive. -2
  • The TTM is -2.853. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.215MRQ-2.853-1.362
MRQ-2.853TTM-2.8530.000
TTM-2.853YOY-5.066+2.213
TTM-2.8535Y-6.974+4.121
5Y-6.97410Y-206.442+199.468
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -4.053. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.743. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.743. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.053MRQ-2.743-1.309
MRQ-2.743TTM-2.7430.000
TTM-2.743YOY-4.819+2.076
TTM-2.7435Y-7.460+4.717
5Y-7.46010Y-294.471+287.011
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 11.41 means the investor is paying $11.41 for each $1 in book value.

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

  • The EOD is 16.862. Based on the equity, the company is expensive. -2
  • The MRQ is 11.414. Based on the equity, the company is expensive. -2
  • The TTM is 11.414. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD16.862MRQ11.414+5.448
MRQ11.414TTM11.4140.000
TTM11.414YOY27.713-16.299
TTM11.4145Y25.096-13.681
5Y25.09610Y26.498-1.402
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Adveritas Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Adveritas 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--0.0020.0020%0.000+113%0.000+119%0.000+100%
Book Value Per Share--0.0040.0040%0.002+64%0.004-14%0.006-40%
Current Ratio--1.4461.4460%2.797-48%3.027-52%50.704-97%
Debt To Asset Ratio--0.6960.6960%0.767-9%0.517+35%0.377+85%
Debt To Equity Ratio--2.2922.2920%3.294-30%1.548+48%0.943+143%
Dividend Per Share--0.0170.0170%0.011+54%0.010+71%0.005+243%
Eps---0.015-0.0150%-0.013-17%-0.013-17%-0.009-39%
Free Cash Flow Per Share---0.016-0.0160%-0.013-16%-0.012-25%-0.008-52%
Free Cash Flow To Equity Per Share--0.0020.0020%0.002-14%0.000+348%0.001+166%
Gross Profit Margin--1.1591.1590%1.070+8%1.092+6%0.959+21%
Intrinsic Value_10Y_max---0.136--------
Intrinsic Value_10Y_min---0.169--------
Intrinsic Value_1Y_max---0.009--------
Intrinsic Value_1Y_min---0.014--------
Intrinsic Value_3Y_max---0.031--------
Intrinsic Value_3Y_min---0.046--------
Intrinsic Value_5Y_max---0.056--------
Intrinsic Value_5Y_min---0.079--------
Market Cap46014408.960+32%31148215.29631148215.2960%46014408.960-32%57907363.891-46%109089544.934-71%
Net Profit Margin---3.702-3.7020%-4.470+21%-7.112+92%-13.896+275%
Operating Margin---3.475-3.4750%-5.080+46%-7.609+119%-13.723+295%
Operating Ratio--4.4434.4430%5.434-18%10.631-58%22.964-81%
Pb Ratio16.862+32%11.41411.4140%27.713-59%25.096-55%26.498-57%
Pe Ratio-4.215-48%-2.853-2.8530%-5.066+78%-6.974+144%-206.442+7136%
Price Per Share0.065+32%0.0440.0440%0.065-32%0.082-46%0.154-71%
Price To Free Cash Flow Ratio-4.053-48%-2.743-2.7430%-4.819+76%-7.460+172%-294.471+10634%
Price To Total Gains Ratio3.497+32%2.3672.3670%5.965-60%-12.445+626%-120.541+5192%
Quick Ratio--1.1561.1560%2.643-56%2.850-59%50.498-98%
Return On Assets---1.215-1.2150%-1.274+5%-1.528+26%-1.033-15%
Return On Equity---4.001-4.0010%-5.470+37%-3.763-6%-2.268-43%
Total Gains Per Share--0.0190.0190%0.011+71%0.010+92%0.005+273%
Usd Book Value--1764744.0621764744.0620%1073770.980+64%2058453.343-14%2957629.162-40%
Usd Book Value Change Per Share--0.0010.0010%0.000+113%0.000+119%0.000+100%
Usd Book Value Per Share--0.0020.0020%0.002+64%0.003-14%0.004-40%
Usd Dividend Per Share--0.0110.0110%0.007+54%0.006+71%0.003+243%
Usd Eps---0.010-0.0100%-0.008-17%-0.008-17%-0.006-39%
Usd Free Cash Flow---7342908.588-7342908.5880%-6175056.986-16%-5485796.753-25%-3528648.189-52%
Usd Free Cash Flow Per Share---0.010-0.0100%-0.009-16%-0.008-25%-0.005-52%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.001-14%0.000+348%0.000+166%
Usd Market Cap29757518.274+32%20143550.83220143550.8320%29757518.274-32%37448692.228-46%70548208.709-71%
Usd Price Per Share0.042+32%0.0280.0280%0.042-32%0.053-46%0.100-71%
Usd Profit---7060690.001-7060690.0010%-5873846.760-17%-5837317.522-17%-4284816.003-39%
Usd Revenue--1907265.7481907265.7480%1313961.180+45%1010911.610+89%5752169.508-67%
Usd Total Gains Per Share--0.0120.0120%0.007+71%0.006+92%0.003+273%
 EOD+6 -2MRQTTM+0 -0YOY+20 -165Y+17 -1910Y+15 -21

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-4.215
Price to Book Ratio (EOD)Between0-116.862
Net Profit Margin (MRQ)Greater than0-3.702
Operating Margin (MRQ)Greater than0-3.475
Quick Ratio (MRQ)Greater than11.156
Current Ratio (MRQ)Greater than11.446
Debt to Asset Ratio (MRQ)Less than10.696
Debt to Equity Ratio (MRQ)Less than12.292
Return on Equity (MRQ)Greater than0.15-4.001
Return on Assets (MRQ)Greater than0.05-1.215
Total3/10 (30.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5079.821
Ma 20Greater thanMa 500.049
Ma 50Greater thanMa 1000.050
Ma 100Greater thanMa 2000.050
OpenGreater thanClose0.055
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Current Deferred Revenue -910-91-13-103-13-11718266



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets8,983
Total Liabilities6,254
Total Stockholder Equity2,729
 As reported
Total Liabilities 6,254
Total Stockholder Equity+ 2,729
Total Assets = 8,983

Assets

Total Assets8,983
Total Current Assets8,580
Long-term Assets403
Total Current Assets
Cash And Cash Equivalents 6,339
Short-term Investments 49
Net Receivables 419
Other Current Assets 1,773
Total Current Assets  (as reported)8,580
Total Current Assets  (calculated)8,580
+/-0
Long-term Assets
Property Plant Equipment 403
Long-term Assets  (as reported)403
Long-term Assets  (calculated)403
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities5,933
Long-term Liabilities321
Total Stockholder Equity2,729
Total Current Liabilities
Short-term Debt 3,852
Short Long Term Debt 3,721
Accounts payable 588
Other Current Liabilities 1,427
Total Current Liabilities  (as reported)5,933
Total Current Liabilities  (calculated)9,588
+/- 3,655
Long-term Liabilities
Long term Debt Total 259
Other Liabilities 62
Long-term Liabilities  (as reported)321
Long-term Liabilities  (calculated)321
+/- 0
Total Stockholder Equity
Common Stock64,658
Retained Earnings -66,569
Accumulated Other Comprehensive Income 4,640
Total Stockholder Equity (as reported)2,729
Total Stockholder Equity (calculated)2,729
+/-0
Other
Capital Stock64,658
Cash and Short Term Investments 6,388
Common Stock Shares Outstanding 488,964
Current Deferred Revenue66
Liabilities and Stockholders Equity 8,983
Net Debt -2,228
Net Invested Capital 6,450
Net Tangible Assets 2,729
Net Working Capital 2,647
Property Plant and Equipment Gross 752
Short Long Term Debt Total 4,111



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-30
> Total Assets 
2,750
2,695
10,556
10,347
12,048
5,462
3,201
9,595
4,317
7,129
8,983
8,9837,1294,3179,5953,2015,46212,04810,34710,5562,6952,750
   > Total Current Assets 
2,688
2,618
10,451
10,130
11,871
5,357
2,738
8,916
3,767
5,801
8,580
8,5805,8013,7678,9162,7385,35711,87110,13010,4512,6182,688
       Cash And Cash Equivalents 
2,644
2,602
6,234
5,601
8,202
4,055
2,047
8,352
3,231
5,051
6,339
6,3395,0513,2318,3522,0474,0558,2025,6016,2342,6022,644
       Short-term Investments 
0
0
8
8
43
36
36
36
37
40
49
494037363636438800
       Net Receivables 
42
13
4,172
4,406
3,484
77
545
186
224
351
419
419351224186545773,4844,4064,1721342
       Other Current Assets 
0
0
38
0
0
1,226
146
342
275
360
1,773
1,7733602753421461,226003800
   > Long-term Assets 
62
77
105
217
177
105
463
678
550
500
403
4035005506784631051772171057762
       Property Plant Equipment 
62
77
105
175
143
71
60
644
550
500
403
40350055064460711431751057762
       Goodwill 
0
0
0
41
34
34
34
34
0
0
0
0003434343441000
       Long Term Investments 
0
0
0
0
0
0
114
0
0
0
0
0000114000000
       Intangible Assets 
0
0
6
0
0
0
0
34
0
0
0
000340000600
       Other Assets 
0
0
0
0
0
0
256
0
0
828
0
082800256000000
> Total Liabilities 
11
5
3,431
2,311
3,844
1,696
1,057
2,016
2,515
5,469
6,254
6,2545,4692,5152,0161,0571,6963,8442,3113,431511
   > Total Current Liabilities 
11
5
3,368
2,236
3,745
1,678
1,023
1,411
1,984
2,074
5,933
5,9332,0741,9841,4111,0231,6783,7452,2363,368511
       Short-term Debt 
0
0
653
0
1,097
716
91
91
103
117
3,852
3,85211710391917161,097065300
       Short Long Term Debt 
0
0
0
0
1,097
716
0
0
0
0
3,721
3,72100007161,0970000
       Accounts payable 
0
0
1,418
1,200
1,143
230
373
504
850
431
588
5884318505043732301,1431,2001,41800
       Other Current Liabilities 
0
0
1,102
492
906
732
650
908
1,134
1,643
1,427
1,4271,6431,1349086507329064921,10200
   > Long-term Liabilities 
0
0
64
75
99
18
34
604
532
2,956
321
3212,956532604341899756400
       Long term Debt Total 
0
0
0
0
0
0
0
558
469
3,326
259
2593,3264695580000000
       Other Liabilities 
0
0
64
75
99
18
34
47
63
69
62
62696347341899756400
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
828
0
0828000000000
> Total Stockholder Equity
2,739
2,689
7,124
8,036
8,204
3,766
2,144
7,579
1,802
1,660
2,729
2,7291,6601,8027,5792,1443,7668,2048,0367,1242,6892,739
   Common Stock
2,767
2,772
15,390
17,144
17,157
22,587
26,306
39,942
43,237
52,170
64,658
64,65852,17043,23739,94226,30622,58717,15717,14415,3902,7722,767
   Retained Earnings -66,569-55,651-46,569-37,570-28,082-21,491-13,982-14,399-10,753-83-28
   Accumulated Other Comprehensive Income 
1
1
2,487
5,291
5,029
2,671
3,921
5,207
5,134
5,142
4,640
4,6405,1425,1345,2073,9212,6715,0295,2912,48711
   Capital Surplus 00000000000
   Treasury Stock00000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue2,949
Cost of Revenue-12,408
Gross Profit-9,459-9,459
 
Operating Income (+$)
Gross Profit-9,459
Operating Expense-697
Operating Income-10,249-10,156
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,115
Selling And Marketing Expenses1,735
Operating Expense6972,850
 
Net Interest Income (+$)
Interest Income345
Interest Expense-799
Other Finance Cost-298
Net Interest Income-752
 
Pretax Income (+$)
Operating Income-10,249
Net Interest Income-752
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-10,908-9,590
EBIT - interestExpense = -11,048
-10,908
-10,119
Interest Expense799
Earnings Before Interest and Taxes (EBIT)-10,249-10,109
Earnings Before Interest and Taxes (EBITDA)-10,166
 
After tax Income (+$)
Income Before Tax-10,908
Tax Provision-10
Net Income From Continuing Ops-10,918-10,918
Net Income-10,918
Net Income Applicable To Common Shares-10,918
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses13,105
Total Other Income/Expenses Net-659752
 

Technical Analysis of Adveritas
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 Adveritas. The general trend of Adveritas is BULLISH with 57.1% 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 Adveritas'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 (57.1%) Bearish trend (-57.1%)
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 Adveritas 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: 0.065 < 0.065 < 0.07.

The bearish price targets are: 0.061 > 0.059 > 0.055.

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Adveritas 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 Adveritas Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Directionalities and relatives.

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

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

Adveritas 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 Adveritas Ltd. The current macd is 0.00164605.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Adveritas price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Adveritas. 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 Adveritas price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Adveritas Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAdveritas 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 Adveritas Ltd. The current adx is 26.72.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Adveritas shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Adveritas 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 Adveritas Ltd. The current sar is 0.048.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Adveritas 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 Adveritas Ltd. The current rsi is 79.82. The current phase is Overbought in bull 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).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Adveritas Ltd Daily Relative Strength Index (RSI) ChartAdveritas 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 Adveritas Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Adveritas price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Adveritas Ltd Daily Stochastic Oscillator ChartAdveritas 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 Adveritas Ltd. The current cci is 383.89.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Adveritas Ltd Daily Commodity Channel Index (CCI) ChartAdveritas 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 Adveritas Ltd. The current cmo is 72.70.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Adveritas Ltd Daily Chande Momentum Oscillator (CMO) ChartAdveritas 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 Adveritas Ltd. The current willr is -20.83333333.

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 Adveritas is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Adveritas Ltd Daily Williams %R ChartAdveritas 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 Adveritas Ltd.

Adveritas 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 Adveritas Ltd. The current atr is 0.00319237.

Adveritas Ltd Daily Average True Range (ATR) ChartAdveritas 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 Adveritas Ltd. The current obv is -2,399,368.

Adveritas Ltd Daily On-Balance Volume (OBV) ChartAdveritas 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 Adveritas Ltd. The current mfi is 97.85.

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

  • MFI > 50: +1
  • MFI > 80: +1
Adveritas Ltd Daily Money Flow Index (MFI) ChartAdveritas Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Adveritas 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
2023-11-20BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH 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).
2023-12-14STOCH 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).
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
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
2024-01-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29RSI 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).
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26DMI 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.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29STOCH 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).
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line 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
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Adveritas Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5079.821
Ma 20Greater thanMa 500.049
Ma 50Greater thanMa 1000.050
Ma 100Greater thanMa 2000.050
OpenGreater thanClose0.055
Total2/5 (40.0%)
Penke

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