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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.

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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?
‚ā¨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
‚ā¨-0.03
Expected worth in 1 year
‚ā¨-0.12
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
‚ā¨-0.08
Return On Investment
-19.6%

For what price can you sell your share?

Current Price per Share
‚ā¨0.43
Expected price per share
‚ā¨0.382 - ‚ā¨0.498
How sure are you?
50%

1. Valuation of Ave (5 min.)




Live pricePrice per Share (EOD)

‚ā¨0.43

Intrinsic Value Per Share

‚ā¨-0.53 - ‚ā¨-0.42

Total Value Per Share

‚ā¨-0.56 - ‚ā¨-0.45

2. Growth of Ave (5 min.)




Is Ave growing?

Current yearPrevious yearGrowGrow %
How rich?-$6.5m-$2.5m-$3.9m-61.0%

How much money is Ave making?

Current yearPrevious yearGrowGrow %
Making money-$9.6m-$5.7m-$3.9m-41.0%
Net Profit Margin-46.7%-3.7%--

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)  

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 ‚ā¨0.433. 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 ‚ā¨-0.03. Based on the TTM, the Book Value Change Per Share is ‚ā¨-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨-0.05 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 ‚ā¨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
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps-0.06-12.7%-0.06-12.7%-0.03-7.5%-0.04-9.3%-0.05-11.7%
Usd Book Value Change Per Share-0.02-5.2%-0.02-5.2%-0.05-11.3%-0.01-3.1%0.00-0.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.02-5.2%-0.02-5.2%-0.05-11.3%-0.01-3.1%0.00-0.9%
Usd Price Per Share0.54-0.54-0.58-0.45-0.30-
Price to Earnings Ratio-9.79--9.79--17.84--3.20--3.02-
Price-to-Total Gains Ratio-23.80--23.80--11.90-50.57-24.84-
Price to Book Ratio-14.51--14.51--39.99--9.37--3.01-
Price-to-Total Gains Ratio-23.80--23.80--11.90-50.57-24.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.4636131
Number of shares2156
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.02-0.01
Usd Total Gains Per Share-0.02-0.01
Gains per Quarter (2156 shares)-48.89-28.69
Gains per Year (2156 shares)-195.56-114.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-196-2060-115-125
20-391-4020-230-240
30-587-5980-344-355
40-782-7940-459-470
50-978-9900-574-585
60-1173-11860-689-700
70-1369-13820-803-815
80-1564-15780-918-930
90-1760-17740-1033-1045
100-1956-19700-1148-1160

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%1.04.00.020.0%1.09.00.010.0%1.09.00.010.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%4.06.00.040.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%4.06.00.040.0%

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 2024-06-04 14:51:02.

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.
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 not 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.

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 -46.7%¬†means that¬†€-0.47 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 -46.7%. The company is making a huge loss. -2
  • The TTM is -46.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-46.7%TTM-46.7%0.0%
TTM-46.7%YOY-3.7%-43.0%
TTM-46.7%5Y-12.4%-34.3%
5Y-12.4%10Y-18.1%+5.7%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-46.7%-1.1%-45.6%
TTM-46.7%-1.5%-45.2%
YOY-3.7%-1.8%-1.9%
5Y-12.4%-10.6%-1.8%
10Y-18.1%-8.5%-9.6%
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.
  • -18.5% Return on Assets means that¬†Ave generated¬†€-0.18 profit for each $1 in assets.

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

  • The MRQ is -18.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -18.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-18.5%TTM-18.5%0.0%
TTM-18.5%YOY-6.3%-12.2%
TTM-18.5%5Y-6.5%-11.9%
5Y-6.5%10Y-5.9%-0.7%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-18.5%-0.3%-18.2%
TTM-18.5%-0.2%-18.3%
YOY-6.3%-0.2%-6.1%
5Y-6.5%-0.7%-5.8%
10Y-5.9%-0.4%-5.5%
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-5Y32.8%-32.8%
5Y32.8%10Y-38.2%+71.0%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.4%-0.4%
TTM-0.4%-0.4%
YOY--0.3%+0.3%
5Y32.8%-1.0%+33.8%
10Y-38.2%-0.9%-37.3%

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-0.0%
TTM-5Y-1.4%+1.4%
5Y-1.4%10Y-11.9%+10.4%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.0%-3.0%
TTM-3.1%-3.1%
YOY-1.4%-1.4%
5Y-1.4%-3.1%+1.7%
10Y-11.9%-1.4%-10.5%
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 2.25 means that the operating costs are €2.25 for each €1 in net sales.

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

  • The MRQ is 2.248. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.248. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.248TTM2.2480.000
TTM2.248YOY1.912+0.336
TTM2.2485Y1.769+0.479
5Y1.76910Y1.889-0.120
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2481.313+0.935
TTM2.2481.247+1.001
YOY1.9121.210+0.702
5Y1.7691.340+0.429
10Y1.8891.212+0.677

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 0.77¬†means the company has €0.77 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 0.771. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.771. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.771TTM0.7710.000
TTM0.771YOY1.034-0.263
TTM0.7715Y0.922-0.151
5Y0.92210Y0.627+0.295
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7711.062-0.291
TTM0.7711.082-0.311
YOY1.0341.166-0.132
5Y0.9221.232-0.310
10Y0.6271.257-0.630
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 0.15¬†means the company can pay off €0.15 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 0.153. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.153. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.153TTM0.1530.000
TTM0.153YOY0.652-0.499
TTM0.1535Y0.488-0.335
5Y0.48810Y0.319+0.169
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1530.537-0.384
TTM0.1530.589-0.436
YOY0.6520.663-0.011
5Y0.4880.717-0.229
10Y0.3190.864-0.545

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 1.12¬†means that Ave assets are¬†financed with 112.5% credit (debt) and the remaining percentage (100% - 112.5%)¬†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 1.125. The company is just not able to pay all its debts by selling its assets. -1
  • The TTM is 1.125. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ1.125TTM1.1250.000
TTM1.125YOY1.028+0.097
TTM1.1255Y1.015+0.110
5Y1.01510Y0.981+0.034
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1250.556+0.569
TTM1.1250.561+0.564
YOY1.0280.566+0.462
5Y1.0150.574+0.441
10Y0.9810.525+0.456
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-5Y4.515-4.515
5Y4.51510Y12.859-8.344
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.139-1.139
TTM-1.155-1.155
YOY-1.164-1.164
5Y4.5151.388+3.127
10Y12.8591.330+11.529

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 -9.79 means the investor is paying €-9.79¬†for every €1 in earnings.

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

  • The EOD is -8.414. Based on the earnings, the company is expensive. -2
  • The MRQ is -9.794. Based on the earnings, the company is expensive. -2
  • The TTM is -9.794. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.414MRQ-9.794+1.380
MRQ-9.794TTM-9.7940.000
TTM-9.794YOY-17.839+8.046
TTM-9.7945Y-3.196-6.597
5Y-3.19610Y-3.022-0.175
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-8.414-0.164-8.250
MRQ-9.794-0.311-9.483
TTM-9.794-0.412-9.382
YOY-17.8394.081-21.920
5Y-3.1964.683-7.879
10Y-3.02210.373-13.395
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 -6.307. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.341. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.341. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.307MRQ-7.341+1.034
MRQ-7.341TTM-7.3410.000
TTM-7.341YOY-11.242+3.901
TTM-7.3415Y21.883-29.224
5Y21.88310Y4.369+17.514
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-6.3070.450-6.757
MRQ-7.3410.822-8.163
TTM-7.3410.728-8.069
YOY-11.242-0.096-11.146
5Y21.8830.646+21.237
10Y4.369-0.131+4.500
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 -14.51 means the investor is paying €-14.51¬†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 -12.466. Based on the equity, the company is expensive. -2
  • The MRQ is -14.511. Based on the equity, the company is expensive. -2
  • The TTM is -14.511. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-12.466MRQ-14.511+2.044
MRQ-14.511TTM-14.5110.000
TTM-14.511YOY-39.987+25.477
TTM-14.5115Y-9.373-5.138
5Y-9.37310Y-3.008-6.365
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-12.4661.261-13.727
MRQ-14.5111.295-15.806
TTM-14.5111.378-15.889
YOY-39.9871.315-41.302
5Y-9.3731.642-11.015
10Y-3.0082.291-5.299
2. Total Gains per Share

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---0.021-0.0210%-0.046+115%-0.012-41%-0.003-84%
Book Value Per Share---0.035-0.0350%-0.014-61%-0.001-98%0.025-238%
Current Ratio--0.7710.7710%1.034-25%0.922-16%0.627+23%
Debt To Asset Ratio--1.1251.1250%1.028+9%1.015+11%0.981+15%
Debt To Equity Ratio----0%-0%4.515-100%12.859-100%
Dividend Per Share----0%-0%-0%-0%
Eps---0.051-0.0510%-0.030-41%-0.037-27%-0.047-8%
Free Cash Flow Per Share---0.069-0.0690%-0.048-30%-0.022-69%-0.029-57%
Free Cash Flow To Equity Per Share---0.069-0.0690%-0.080+16%-0.012-83%-0.009-87%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.419--------
Intrinsic Value_10Y_min---0.528--------
Intrinsic Value_1Y_max---0.026--------
Intrinsic Value_1Y_min---0.031--------
Intrinsic Value_3Y_max---0.090--------
Intrinsic Value_3Y_min---0.113--------
Intrinsic Value_5Y_max---0.169--------
Intrinsic Value_5Y_min---0.215--------
Market Cap76120534.000-16%88602192.00088602192.0000%95282516.000-7%73413244.800+21%49680514.800+78%
Net Profit Margin---0.467-0.4670%-0.037-92%-0.124-73%-0.181-61%
Operating Margin----0%-0%-0.0140%-0.1190%
Operating Ratio--2.2482.2480%1.912+18%1.769+27%1.889+19%
Pb Ratio-12.466+14%-14.511-14.5110%-39.987+176%-9.373-35%-3.008-79%
Pe Ratio-8.414+14%-9.794-9.7940%-17.839+82%-3.196-67%-3.022-69%
Price Per Share0.433-16%0.5040.5040%0.542-7%0.418+21%0.283+78%
Price To Free Cash Flow Ratio-6.307+14%-7.341-7.3410%-11.242+53%21.883-134%4.369-268%
Price To Total Gains Ratio-20.445+14%-23.797-23.7970%-11.896-50%50.572-147%24.839-196%
Quick Ratio--0.1530.1530%0.652-77%0.488-69%0.319-52%
Return On Assets---0.185-0.1850%-0.063-66%-0.065-65%-0.059-68%
Return On Equity----0%-0%0.328-100%-0.3820%
Total Gains Per Share---0.021-0.0210%-0.046+115%-0.012-41%-0.003-84%
Usd Book Value---6537709.190-6537709.1900%-2551285.374-61%-122045.238-98%4738700.313-238%
Usd Book Value Change Per Share---0.023-0.0230%-0.049+115%-0.013-41%-0.004-84%
Usd Book Value Per Share---0.037-0.0370%-0.015-61%-0.001-98%0.027-238%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.055-0.0550%-0.033-41%-0.040-27%-0.051-8%
Usd Free Cash Flow---12922235.472-12922235.4720%-9074628.982-30%-4047885.422-69%-5509680.546-57%
Usd Free Cash Flow Per Share---0.074-0.0740%-0.052-30%-0.023-69%-0.031-57%
Usd Free Cash Flow To Equity Per Share---0.074-0.0740%-0.086+16%-0.012-83%-0.010-87%
Usd Market Cap81502255.754-16%94866366.97494866366.9740%102018989.881-7%78603561.207+21%53192927.196+78%
Usd Price Per Share0.464-16%0.5400.5400%0.580-7%0.447+21%0.303+78%
Usd Profit---9686422.679-9686422.6790%-5718769.305-41%-5594849.271-42%-7569429.500-22%
Usd Revenue--20736198.71920736198.7190%153336114.063-86%118269425.423-82%79946364.087-74%
Usd Total Gains Per Share---0.023-0.0230%-0.049+115%-0.013-41%-0.004-84%
 EOD+2 -6MRQTTM+0 -0YOY+7 -235Y+7 -2510Y+8 -23

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)Between0-15-8.414
Price to Book Ratio (EOD)Between0-1-12.466
Net Profit Margin (MRQ)Greater than0-0.467
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.153
Current Ratio (MRQ)Greater than10.771
Debt to Asset Ratio (MRQ)Less than11.125
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.185
Total1/10 (10.0%)

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
RsiGreater than5038.371
Ma 20Greater thanMa 500.462
Ma 50Greater thanMa 1000.474
Ma 100Greater thanMa 2000.492
OpenGreater thanClose0.430
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets48,913
Total Liabilities55,019
Total Stockholder Equity-6,135
 As reported
Total Liabilities 55,019
Total Stockholder Equity+ -6,135
Total Assets = 48,913

Assets

Total Assets48,913
Total Current Assets16,196
Long-term Assets32,717
Total Current Assets
Cash And Cash Equivalents 4,167
Net Receivables 3,213
Inventory 2,442
Total Current Assets  (as reported)16,196
Total Current Assets  (calculated)9,822
+/- 6,374
Long-term Assets
Property Plant Equipment 7,601
Goodwill 3,714
Intangible Assets 16,120
Long-term Assets Other 122
Long-term Assets  (as reported)32,717
Long-term Assets  (calculated)27,558
+/- 5,159

Liabilities & Shareholders' Equity

Total Current Liabilities20,995
Long-term Liabilities34,024
Total Stockholder Equity-6,135
Total Current Liabilities
Short Long Term Debt 9,509
Accounts payable 6,189
Other Current Liabilities 4,154
Total Current Liabilities  (as reported)20,995
Total Current Liabilities  (calculated)19,852
+/- 1,142
Long-term Liabilities
Long term Debt 25,281
Capital Lease Obligations Min Short Term Debt3,306
Long-term Liabilities Other 5,447
Long-term Liabilities  (as reported)34,024
Long-term Liabilities  (calculated)34,035
+/- 11
Total Stockholder Equity
Total Stockholder Equity (as reported)-6,135
Total Stockholder Equity (calculated)0
+/- 6,135
Other
Capital Stock6,892
Net Debt 30,623
Net Invested Capital 28,655
Net Working Capital -4,799
Property Plant and Equipment Gross 17,825



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
185,133
183,067
178,348
160,523
130,209
164,442
126,021
105,781
85,370
48,913
48,91385,370105,781126,021164,442130,209160,523178,348183,067185,133
   > Total Current Assets 
31,763
33,730
39,314
40,435
20,383
47,323
69,962
54,545
49,371
16,196
16,19649,37154,54569,96247,32320,38340,43539,31433,73031,763
       Cash And Cash Equivalents 
714
1,488
2,065
1,833
1,459
2,344
5,647
14,706
7,451
4,167
4,1677,45114,7065,6472,3441,4591,8332,0651,488714
       Net Receivables 
15,143
17,156
11,746
8,412
12,812
25,539
27,297
23,408
23,685
3,213
3,21323,68523,40827,29725,53912,8128,41211,74617,15615,143
       Inventory 
2,648
2,950
1,918
1,667
2,070
5,856
5,632
5,925
6,890
2,442
2,4426,8905,9255,6325,8562,0701,6671,9182,9502,648
       Other Current Assets 
13,053
11,817
9,376
28,330
3,815
12,875
28,201
8,370
0
0
008,37028,20112,8753,81528,3309,37611,81713,053
   > Long-term Assets 
0
0
0
0
0
0
56,059
51,236
35,999
32,717
32,71735,99951,23656,059000000
       Property Plant Equipment 
70,140
69,041
66,495
61,906
57,689
64,038
11,471
10,624
7,738
7,601
7,6017,73810,62411,47164,03857,68961,90666,49569,04170,140
       Goodwill 
19,200
17,430
15,230
13,852
13,852
0
2,252
2,252
574
3,714
3,7145742,2522,252013,85213,85215,23017,43019,200
       Long Term Investments 
58
58
58
58
0
0
0
0
0
0
00000058585858
       Intangible Assets 
49,770
49,085
60,045
45,529
42,842
43,713
35,753
31,918
25,683
16,120
16,12025,68331,91835,75343,71342,84245,52960,04549,08549,770
       Long-term Assets Other 
0
0
0
0
0
0
139
153
102
122
122102153139000000
> Total Liabilities 
171,273
171,293
172,863
151,633
125,389
167,496
120,676
100,154
87,753
55,019
55,01987,753100,154120,676167,496125,389151,633172,863171,293171,273
   > Total Current Liabilities 
114,899
124,612
124,949
94,793
55,269
82,941
60,573
50,524
47,729
20,995
20,99547,72950,52460,57382,94155,26994,793124,949124,612114,899
       Short-term Debt 
37,940
49,710
13,273
1,492
2,242
2,331
2,392
5,305
7,602
0
07,6025,3052,3922,3312,2421,49213,27349,71037,940
       Short Long Term Debt 
37,940
49,710
70,849
48,575
17,539
0
9,370
12,313
12,438
9,509
9,50912,43812,3139,370017,53948,57570,84949,71037,940
       Accounts payable 
14,120
13,448
12,547
12,981
12,753
29,780
23,643
27,164
27,230
6,189
6,18927,23027,16423,64329,78012,75312,98112,54713,44814,120
       Other Current Liabilities 
21,631
18,880
15,030
13,327
6,911
15,381
25,661
9,057
7,541
4,154
4,1547,5419,05725,66115,3816,91113,32715,03018,88021,631
   > Long-term Liabilities 
0
0
0
0
0
0
53,108
50,000
33,132
34,024
34,02433,13250,00053,108000000
       Long term Debt Total 
0
0
0
0
0
0
48,533
46,118
30,984
0
030,98446,11848,533000000
       Capital Lease Obligations 
0
0
0
0
0
0
5,972
5,478
1,924
3,306
3,3061,9245,4785,972000000
       Long-term Liabilities Other 
0
0
0
0
0
0
2,190
1,594
288
5,447
5,4472881,5942,190000000
> Total Stockholder Equity
16,530
8,132
5,485
8,890
4,820
-3,053
5,345
-1,767
-2,383
-6,135
-6,135-2,383-1,7675,345-3,0534,8208,8905,4858,13216,530
   Common Stock
71,993
75,776
80,839
92,839
39,788
39,788
6,632
6,632
6,752
0
06,7526,6326,63239,78839,78892,83980,83975,77671,993
   Retained Earnings -46,730-31,165-30,163-22,830-66,339-50,462-99,443-88,261-82,964-70,884
   Capital Surplus 
0
0
12,907
12,907
12,907
12,907
19,147
19,147
22,031
0
022,03119,14719,14712,90712,90712,90712,90700
   Treasury Stock0000000000
   Other Stockholders Equity 
2,514
2,413
2,354
2,586
2,587
10,591
2,591
2,618
0
0
002,6182,59110,5912,5872,5862,3542,4132,514



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, 2023-12-31)

Gross Profit (+$)
totalRevenue19,367
Cost of Revenue-16,422
Gross Profit2,9452,945
 
Operating Income (+$)
Gross Profit2,945
Operating Expense-27,111
Operating Income-7,745-24,167
 
Operating Expense (+$)
Research Development0
Selling General Administrative2,969
Selling And Marketing Expenses0
Operating Expense27,1112,969
 
Net Interest Income (+$)
Interest Income0
Interest Expense-62
Other Finance Cost-4,616
Net Interest Income-4,678
 
Pretax Income (+$)
Operating Income-7,745
Net Interest Income-4,678
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-11,544-7,745
EBIT - interestExpense = -62
-9,047
-8,985
Interest Expense62
Earnings Before Interest and Taxes (EBIT)0-11,482
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-11,544
Tax Provision--2,391
Net Income From Continuing Ops-9,153-9,153
Net Income-9,047
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net04,678
 

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 BEARISH with 100.0% 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 zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
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 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: 0.478 < 0.497 < 0.498.

The bearish price targets are: 0.428 > 0.382.

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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 .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

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.. The current macd is -0.00816454.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ave price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ave. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ave price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
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 29.20.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ave shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
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.. The current sar is 0.47477964.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
AVE S.A. 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 AVE S.A.. The current rsi is 38.37. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
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.. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ave price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
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.. The current cci is -137.11583924.

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

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
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.. The current cmo is -29.42814794.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
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.. The current willr is -77.5862069.

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 Ave is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
AVE S.A. Daily Williams %R ChartAVE S.A. 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 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.. The current atr is 0.02010452.

AVE S.A. Daily Average True Range (ATR) ChartAVE S.A. 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 AVE S.A.. The current obv is -2,016,172.

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.. The current mfi is 17.98.

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

  • MFI < 50: -1
  • MFI < 20: -1
AVE S.A. Daily Money Flow Index (MFI) ChartAVE S.A. Daily Money Flow Index (MFI) Chart

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

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
RsiGreater than5038.371
Ma 20Greater thanMa 500.462
Ma 50Greater thanMa 1000.474
Ma 100Greater thanMa 2000.492
OpenGreater thanClose0.430
Total0/5 (0.0%)
Penke

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