25 XP   0   0   10

AVE S.A.
Buy, Hold or Sell?

Let's analyse Ave together

PenkeI guess you are interested in AVE S.A.. 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 AVE S.A.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

Get notifications about AVE S.A.

I send you an email if I find something interesting about AVE S.A..

Quick analysis of Ave (30 sec.)










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

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€-0.02
Expected worth in 1 year
€-0.21
How sure are you?
33.3%

+ What do you gain per year?

Total Gains per Share
€-0.20
Return On Investment
-38.2%

For what price can you sell your share?

Current Price per Share
€0.52
Expected price per share
€0.492 - €0.548
How sure are you?
50%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1. Valuation of Ave (5 min.)




Live pricePrice per Share (EOD)

€0.52

Intrinsic Value Per Share

€-0.73 - €-0.62

Total Value Per Share

€-0.74 - €-0.64

2. Growth of Ave (5 min.)




Is Ave growing?

Current yearPrevious yearGrowGrow %
How rich?-$2.6m$6.1m-$8.8m-336.1%

How much money is Ave making?

Current yearPrevious yearGrowGrow %
Making money-$5.8m-$8m$2.1m36.8%
Net Profit Margin-3.7%-5.1%--

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

3. Financial Health of Ave (5 min.)




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




  Industry Rankings (Entertainment)  

3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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

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

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

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

Speculation

The Price per Share of Ave is €0.52. 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 Ave.
  • 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 Ave, 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 €-0.02. Based on the TTM, the Book Value Change Per Share is €-0.05 per quarter. Based on the YOY, the Book Value Change Per Share is €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 €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ave.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.04-7.4%-0.04-7.4%-0.05-9.3%-0.04-8.2%-0.06-11.4%
Usd Book Value Change Per Share-0.05-10.5%-0.05-10.5%0.00-0.3%-0.02-3.1%0.00-0.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.05-10.5%-0.05-10.5%0.00-0.3%-0.02-3.1%0.00-0.4%
Usd Price Per Share0.60-0.60-0.51-0.39-0.28-
Price to Earnings Ratio-15.39--15.39--10.50--2.26--2.06-
Price-to-Total Gains Ratio-10.92--10.92--354.56--74.63--41.06-
Price to Book Ratio-34.50--34.50-13.64--4.09--1.36-
Price-to-Total Gains Ratio-10.92--10.92--354.56--74.63--41.06-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.571688
Number of shares1749
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.05-0.02
Usd Total Gains Per Share-0.05-0.02
Gains per Quarter (1749 shares)-95.47-28.58
Gains per Year (1749 shares)-381.89-114.34
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-382-3920-114-124
20-764-7740-229-238
30-1146-11560-343-352
40-1528-15380-457-466
50-1909-19200-572-580
60-2291-23020-686-694
70-2673-26840-800-808
80-3055-30660-915-922
90-3437-34480-1029-1036
100-3819-38300-1143-1150

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%1.02.00.033.3%1.04.00.020.0%1.08.00.011.1%1.08.00.011.1%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.06.00.033.3%3.06.00.033.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.09.00.0%0.00.09.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.06.00.033.3%3.06.00.033.3%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Fundamentals of Ave

About AVE S.A.

AVE S.A. engages in the distribution of telecommunication products and technology primarily in Greece and Cyprus. It is also involved in the distribution of videogames and related accessories; provision of audio and video services; distribution of films in cinema and television; and marketing of stationery consumables. The company was formerly known as Audio Visual Enterprises S.A. and changed its name to AVE S.A. in June 2020. AVE S.A. was founded in 1982 and is based in Marousi, Greece.

Fundamental data was last updated by Penke on 2023-11-18 18:15:03.

Financial Health

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

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.
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.1. Profitability of AVE S.A..

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Ave to the Entertainment industry mean.
  • A Net Profit Margin of -3.7% means that €-0.04 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of AVE S.A.:

  • The MRQ is -3.7%. The company is making a loss. -1
  • The TTM is -3.7%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-3.7%TTM-3.7%0.0%
TTM-3.7%YOY-5.1%+1.4%
TTM-3.7%5Y-5.5%+1.8%
5Y-5.5%10Y-14.9%+9.3%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.7%-1.2%-2.5%
TTM-3.7%-3.7%0.0%
YOY-5.1%-2.1%-3.0%
5Y-5.5%-11.6%+6.1%
10Y-14.9%-8.3%-6.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ave to the Entertainment industry mean.
  • -6.3% Return on Assets means that Ave generated €-0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of AVE S.A.:

  • The MRQ is -6.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -6.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-6.3%TTM-6.3%0.0%
TTM-6.3%YOY-6.9%+0.7%
TTM-6.3%5Y-3.6%-2.7%
5Y-3.6%10Y-4.4%+0.8%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.3%-0.2%-6.1%
TTM-6.3%-0.4%-5.9%
YOY-6.9%-0.1%-6.8%
5Y-3.6%-0.8%-2.8%
10Y-4.4%-0.5%-3.9%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ave to the Entertainment industry mean.
  • 0.0% Return on Equity means Ave generated €0.00 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of AVE S.A.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y12.3%-12.3%
5Y12.3%10Y-42.5%+54.8%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.2%-0.2%
TTM--0.3%+0.3%
YOY-0.1%-0.1%
5Y12.3%-1.4%+13.7%
10Y-42.5%-1.0%-41.5%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.2. Operating Efficiency of AVE S.A..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ave is operating .

  • Measures how much profit Ave 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 Ave to the Entertainment 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 AVE S.A.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-1.6%+1.6%
TTM-5Y-9.5%+9.5%
5Y-9.5%10Y-13.2%+3.7%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.8%-3.8%
TTM-3.1%-3.1%
YOY-1.6%1.5%-3.1%
5Y-9.5%-1.6%-7.9%
10Y-13.2%-1.2%-12.0%
1.2.2. Operating Ratio

Measures how efficient Ave is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Entertainment industry mean).
  • An Operation Ratio of 1.91 means that the operating costs are €1.91 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of AVE S.A.:

  • The MRQ is 1.912. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.912. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.912TTM1.9120.000
TTM1.912YOY1.902+0.010
TTM1.9125Y1.558+0.355
5Y1.55810Y1.736-0.179
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9121.315+0.597
TTM1.9121.315+0.597
YOY1.9021.312+0.590
5Y1.5581.412+0.146
10Y1.7361.267+0.469
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.3. Liquidity of AVE S.A..

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Entertainment industry mean).
  • A Current Ratio of 1.03 means the company has €1.03 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of AVE S.A.:

  • The MRQ is 1.034. The company is just able to pay all its short-term debts.
  • The TTM is 1.034. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.034TTM1.0340.000
TTM1.034YOY1.080-0.045
TTM1.0345Y0.842+0.193
5Y0.84210Y0.611+0.231
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0341.111-0.077
TTM1.0341.143-0.109
YOY1.0801.226-0.146
5Y0.8421.257-0.415
10Y0.6111.276-0.665
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ave to the Entertainment industry mean.
  • A Quick Ratio of 0.65 means the company can pay off €0.65 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of AVE S.A.:

  • The MRQ is 0.652. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.652. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.652TTM0.6520.000
TTM0.652YOY0.785-0.133
TTM0.6525Y0.520+0.132
5Y0.52010Y0.344+0.176
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6520.542+0.110
TTM0.6520.622+0.030
YOY0.7850.734+0.051
5Y0.5200.756-0.236
10Y0.3440.778-0.434
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.4. Solvency of AVE S.A..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ave to Entertainment industry mean.
  • A Debt to Asset Ratio of 1.03 means that Ave assets are financed with 102.8% credit (debt) and the remaining percentage (100% - 102.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of AVE S.A.:

  • The MRQ is 1.028. The company is just not able to pay all its debts by selling its assets. -1
  • The TTM is 1.028. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ1.028TTM1.0280.000
TTM1.028YOY0.947+0.081
TTM1.0285Y0.983+0.045
5Y0.98310Y0.965+0.017
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0280.569+0.459
TTM1.0280.564+0.464
YOY0.9470.551+0.396
5Y0.9830.553+0.430
10Y0.9650.525+0.440
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ave to the Entertainment industry mean.
  • A Debt to Equity ratio of 0.0% means that company has €0.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of AVE S.A.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y9.718-9.718
5Y9.71810Y14.288-4.569
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.202-1.202
TTM-1.196-1.196
YOY-1.152-1.152
5Y9.7181.282+8.436
10Y14.2881.325+12.963
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

2. Market Valuation of AVE S.A.

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 Ave generates.

  • Above 15 is considered overpriced but always compare Ave to the Entertainment industry mean.
  • A PE ratio of -15.39 means the investor is paying €-15.39 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of AVE S.A.:

  • The EOD is -14.765. Based on the earnings, the company is expensive. -2
  • The MRQ is -15.389. Based on the earnings, the company is expensive. -2
  • The TTM is -15.389. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-14.765MRQ-15.389+0.625
MRQ-15.389TTM-15.3890.000
TTM-15.389YOY-10.504-4.885
TTM-15.3895Y-2.264-13.126
5Y-2.26410Y-2.057-0.206
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-14.765-0.240-14.525
MRQ-15.389-0.361-15.028
TTM-15.389-0.298-15.091
YOY-10.5043.303-13.807
5Y-2.2646.195-8.459
10Y-2.05713.287-15.344
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of AVE S.A.:

  • The EOD is -9.305. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.698. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.698. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.305MRQ-9.698+0.394
MRQ-9.698TTM-9.6980.000
TTM-9.698YOY9.329-19.027
TTM-9.6985Y19.490-29.188
5Y19.49010Y4.980+14.510
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-9.3050.556-9.861
MRQ-9.6980.721-10.419
TTM-9.6981.097-10.795
YOY9.329-0.743+10.072
5Y19.4900.978+18.512
10Y4.980-0.590+5.570
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Entertainment industry mean).
  • A PB ratio of -34.50 means the investor is paying €-34.50 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of AVE S.A.:

  • The EOD is -33.095. Based on the equity, the company is expensive. -2
  • The MRQ is -34.496. Based on the equity, the company is expensive. -2
  • The TTM is -34.496. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-33.095MRQ-34.496+1.400
MRQ-34.496TTM-34.4960.000
TTM-34.496YOY13.642-48.138
TTM-34.4965Y-4.091-30.405
5Y-4.09110Y-1.363-2.728
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-33.0951.338-34.433
MRQ-34.4961.338-35.834
TTM-34.4961.420-35.916
YOY13.6421.591+12.051
5Y-4.0911.723-5.814
10Y-1.3632.523-3.886
2. Total Gains per Share
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of AVE S.A. 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---0.050-0.0500%-0.001-97%-0.015-70%-0.002-96%
Book Value Per Share---0.016-0.0160%0.034-146%0.013-221%0.037-143%
Current Ratio--1.0341.0340%1.080-4%0.842+23%0.611+69%
Debt To Asset Ratio--1.0281.0280%0.947+9%0.983+5%0.965+6%
Debt To Equity Ratio----0%-0%9.718-100%14.288-100%
Dividend Per Share----0%-0%-0%-0%
Eps---0.035-0.0350%-0.044+25%-0.039+10%-0.054+53%
Free Cash Flow Per Share---0.056-0.0560%0.050-213%-0.020-65%-0.029-47%
Free Cash Flow To Equity Per Share---0.093-0.0930%0.051-280%-0.008-92%-0.003-96%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.624--------
Intrinsic Value_10Y_min---0.729--------
Intrinsic Value_1Y_max---0.027--------
Intrinsic Value_1Y_min---0.034--------
Intrinsic Value_3Y_max---0.109--------
Intrinsic Value_3Y_min---0.136--------
Intrinsic Value_5Y_max---0.223--------
Intrinsic Value_5Y_min---0.275--------
Market Cap78860604.160-4%82197014.33682197014.3360%76762595.609+7%55419772.235+48%39854361.720+106%
Net Profit Margin---0.037-0.0370%-0.051+37%-0.055+49%-0.149+299%
Operating Margin----0%-0.0160%-0.0950%-0.1320%
Operating Ratio--1.9121.9120%1.902+1%1.558+23%1.736+10%
Pb Ratio-33.095+4%-34.496-34.4960%13.642-353%-4.091-88%-1.363-96%
Pe Ratio-14.765+4%-15.389-15.3890%-10.504-32%-2.264-85%-2.057-87%
Price Per Share0.520-4%0.5420.5420%0.463+17%0.357+52%0.258+110%
Price To Free Cash Flow Ratio-9.305+4%-9.698-9.6980%9.329-204%19.490-150%4.980-295%
Price To Total Gains Ratio-10.473+4%-10.916-10.9160%-354.561+3148%-74.630+584%-41.061+276%
Quick Ratio--0.6520.6520%0.785-17%0.520+25%0.344+90%
Return On Assets---0.063-0.0630%-0.069+10%-0.036-42%-0.044-29%
Return On Equity----0%-0%0.123-100%-0.4250%
Total Gains Per Share---0.050-0.0500%-0.001-97%-0.015-70%-0.002-96%
Usd Book Value---2619672.308-2619672.3080%6186293.017-142%2277064.527-215%6152239.835-143%
Usd Book Value Change Per Share---0.055-0.0550%-0.001-97%-0.016-70%-0.002-96%
Usd Book Value Per Share---0.017-0.0170%0.037-146%0.014-221%0.040-143%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.039-0.0390%-0.048+25%-0.042+10%-0.059+53%
Usd Free Cash Flow---9317873.450-9317873.4500%9046449.180-203%-3143060.808-66%-4811672.763-48%
Usd Free Cash Flow Per Share---0.061-0.0610%0.055-213%-0.022-65%-0.032-47%
Usd Free Cash Flow To Equity Per Share---0.102-0.1020%0.056-280%-0.008-92%-0.004-96%
Usd Market Cap86699348.214-4%90367397.56190367397.5610%84392797.613+7%60928497.596+48%43815885.275+106%
Usd Price Per Share0.572-4%0.5960.5960%0.509+17%0.392+52%0.284+110%
Usd Profit---5872060.310-5872060.3100%-8034382.218+37%-4842224.845-18%-7530800.704+28%
Usd Revenue--157446272.346157446272.3460%157087443.578+0%125916206.390+25%88844572.077+77%
Usd Total Gains Per Share---0.055-0.0550%-0.001-97%-0.016-70%-0.002-96%
 EOD+2 -6MRQTTM+0 -0YOY+13 -175Y+14 -1810Y+15 -16

3.2. Fundamental Score

Let's check the fundamental score of AVE S.A. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-14.765
Price to Book Ratio (EOD)Between0-1-33.095
Net Profit Margin (MRQ)Greater than0-0.037
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.652
Current Ratio (MRQ)Greater than11.034
Debt to Asset Ratio (MRQ)Less than11.028
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.063
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of AVE S.A. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.524
Total1/1 (100.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Other Current Assets  3,8159,06112,87515,32628,201-19,8318,370-8,3700



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets85,370
Total Liabilities87,753
Total Stockholder Equity-2,383
 As reported
Total Liabilities 87,753
Total Stockholder Equity+ -2,383
Total Assets = 85,370

Assets

Total Assets85,370
Total Current Assets49,371
Long-term Assets49,371
Total Current Assets
Cash And Cash Equivalents 7,451
Net Receivables 23,685
Inventory 6,890
Total Current Assets  (as reported)49,371
Total Current Assets  (calculated)38,027
+/- 11,344
Long-term Assets
Property Plant Equipment 7,738
Intangible Assets 25,683
Long-term Assets Other 102
Long-term Assets  (as reported)35,999
Long-term Assets  (calculated)33,523
+/- 2,476

Liabilities & Shareholders' Equity

Total Current Liabilities47,729
Long-term Liabilities33,132
Total Stockholder Equity-2,383
Total Current Liabilities
Short-term Debt 7,602
Short Long Term Debt 12,438
Accounts payable 27,230
Other Current Liabilities 7,541
Total Current Liabilities  (as reported)47,729
Total Current Liabilities  (calculated)54,811
+/- 7,082
Long-term Liabilities
Long term Debt Total 30,984
Long-term Liabilities Other 288
Long-term Liabilities  (as reported)33,132
Long-term Liabilities  (calculated)31,273
+/- 1,859
Total Stockholder Equity
Common Stock6,752
Retained Earnings -31,165
Capital Surplus 22,031
Total Stockholder Equity (as reported)-2,383
Total Stockholder Equity (calculated)-2,383
+/- 0
Other
Capital Stock6,752
Cash And Equivalents7,451
Cash and Short Term Investments 7,451
Common Stock Shares Outstanding 151,655
Liabilities and Stockholders Equity 85,370
Net Debt 35,971
Net Invested Capital 41,039
Net Working Capital 1,641



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
185,133
183,067
178,348
160,523
130,209
164,442
126,021
105,781
85,370
85,370105,781126,021164,442130,209160,523178,348183,067185,133
   > Total Current Assets 
31,763
33,730
39,314
40,435
20,383
47,323
69,962
54,545
49,371
49,37154,54569,96247,32320,38340,43539,31433,73031,763
       Cash And Cash Equivalents 
714
1,488
2,065
1,833
1,459
2,344
5,647
14,706
7,451
7,45114,7065,6472,3441,4591,8332,0651,488714
       Net Receivables 
15,143
17,156
11,746
8,412
12,812
25,539
28,816
24,956
23,685
23,68524,95628,81625,53912,8128,41211,74617,15615,143
       Inventory 
2,648
2,950
1,918
1,667
2,070
5,856
5,632
5,925
6,890
6,8905,9255,6325,8562,0701,6671,9182,9502,648
       Other Current Assets 
13,053
11,817
9,376
28,330
3,815
12,875
28,201
8,370
0
08,37028,20112,8753,81528,3309,37611,81713,053
   > Long-term Assets 
0
0
0
0
0
0
0
51,236
35,999
35,99951,2360000000
       Property Plant Equipment 
70,140
69,041
66,495
61,906
57,689
64,038
11,471
10,624
7,738
7,73810,62411,47164,03857,68961,90666,49569,04170,140
       Goodwill 
19,200
17,430
15,230
13,852
13,852
0
0
0
0
000013,85213,85215,23017,43019,200
       Long Term Investments 
58
58
58
58
0
0
0
0
0
0000058585858
       Intangible Assets 
49,770
49,085
60,045
45,529
42,842
43,713
35,753
31,918
25,683
25,68331,91835,75343,71342,84245,52960,04549,08549,770
       Long-term Assets Other 
0
0
0
0
0
0
0
153
102
1021530000000
> Total Liabilities 
171,273
171,293
172,863
151,633
125,389
167,496
120,676
100,154
87,753
87,753100,154120,676167,496125,389151,633172,863171,293171,273
   > Total Current Liabilities 
114,899
124,612
124,949
94,793
55,269
82,941
60,573
50,524
47,729
47,72950,52460,57382,94155,26994,793124,949124,612114,899
       Short-term Debt 
37,940
49,710
13,273
1,492
2,242
2,331
2,392
5,305
7,602
7,6025,3052,3922,3312,2421,49213,27349,71037,940
       Short Long Term Debt 
37,940
49,710
70,849
48,575
17,539
0
0
12,313
12,438
12,43812,3130017,53948,57570,84949,71037,940
       Accounts payable 
14,120
13,448
12,547
12,981
12,753
29,780
23,643
27,164
27,230
27,23027,16423,64329,78012,75312,98112,54713,44814,120
       Other Current Liabilities 
21,631
18,880
15,030
13,327
6,911
15,381
25,661
9,057
7,541
7,5419,05725,66115,3816,91113,32715,03018,88021,631
   > Long-term Liabilities 
0
0
0
0
0
0
0
50,000
33,132
33,13250,0000000000
       Long term Debt Total 
0
0
0
0
0
0
48,533
46,118
30,984
30,98446,11848,533000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
1,594
288
2881,5940000000
> Total Stockholder Equity
16,530
8,132
5,485
8,890
4,820
-3,053
5,345
-1,767
-2,383
-2,383-1,7675,345-3,0534,8208,8905,4858,13216,530
   Common Stock
71,993
75,776
80,839
92,839
39,788
39,788
6,632
6,632
6,752
6,7526,6326,63239,78839,78892,83980,83975,77671,993
   Retained Earnings -31,165-30,163-22,830-66,339-50,462-99,443-88,261-82,964-70,884
   Capital Surplus 
0
0
12,907
12,907
12,907
12,907
19,147
19,147
22,031
22,03119,14719,14712,90712,90712,90712,90700
   Treasury Stock000000000
   Other Stockholders Equity 
2,514
2,413
2,354
2,586
2,587
10,591
2,591
2,618
0
02,6182,59110,5912,5872,5862,3542,4132,514



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue143,211
Cost of Revenue-126,219
Gross Profit16,99216,992
 
Operating Income (+$)
Gross Profit16,992
Operating Expense-147,638
Operating Income-4,100-130,646
 
Operating Expense (+$)
Research Development0
Selling General Administrative14,799
Selling And Marketing Expenses0
Operating Expense147,63814,799
 
Net Interest Income (+$)
Interest Income935
Interest Expense-4,566
Other Finance Cost-2,484
Net Interest Income-6,115
 
Pretax Income (+$)
Operating Income-4,100
Net Interest Income-6,115
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-5,495-4,100
EBIT - interestExpense = -4,566
-5,341
-775
Interest Expense4,566
Earnings Before Interest and Taxes (EBIT)0-929
Earnings Before Interest and Taxes (EBITDA)3,682
 
After tax Income (+$)
Income Before Tax-5,495
Tax Provision-107
Net Income From Continuing Ops-5,601-5,601
Net Income-5,341
Net Income Applicable To Common Shares-5,341
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net06,115
 

Technical Analysis of Ave
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 Ave. The general trend of Ave is UNKNOWN with 0.0% 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 Ave'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 StateBullish trend Bearish trend
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 AVE S.A..

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

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

The bullish price targets are: 0.542 < 0.542 < 0.548.

The bearish price targets are: 0.496 > 0.492 > 0.492.

Tweet this
AVE S.A. 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 AVE S.A.. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

AVE S.A. 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 AVE S.A..

AVE S.A. Daily Moving Average Convergence/Divergence (MACD) ChartAVE S.A. 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 AVE S.A.. The current adx is .

AVE S.A. 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 AVE S.A..

AVE S.A. Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 AVE S.A..

AVE S.A. Daily Relative Strength Index (RSI) ChartAVE S.A. 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 AVE S.A..

AVE S.A. Daily Stochastic Oscillator ChartAVE S.A. 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 AVE S.A..

AVE S.A. Daily Commodity Channel Index (CCI) ChartAVE S.A. 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 AVE S.A..

AVE S.A. Daily Chande Momentum Oscillator (CMO) ChartAVE S.A. 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 AVE S.A..

AVE S.A. Daily Williams %R ChartAVE S.A. Daily Williams %R Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 AVE S.A..

AVE S.A. 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 AVE S.A..

AVE S.A. Daily Average True Range (ATR) ChartAVE S.A. Daily Average True Range (ATR) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 AVE S.A..

AVE S.A. Daily On-Balance Volume (OBV) ChartAVE S.A. 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 AVE S.A..

AVE S.A. Daily Money Flow Index (MFI) ChartAVE S.A. Daily Money Flow Index (MFI) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for AVE S.A..

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

6.3. Candlestick Patterns

AVE S.A. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of AVE S.A. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.524
Total1/1 (100.0%)
Penke

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

  • Share my analysis of Ave with someone you think should read this too:
  • Are you bullish or bearish on Ave? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Ave? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about AVE S.A.

I send you an email if I find something interesting about AVE S.A..


Comments

How you think about this?

Leave a comment
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Stay informed about AVE S.A..

Receive notifications about AVE S.A. in your mailbox!