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Arcticzymes Technologies ASA
Buy, Hold or Sell?

Let's analyse Arcticzymes together

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

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Quick analysis of Arcticzymes (30 sec.)










What can you expect buying and holding a share of Arcticzymes? (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
€6.00
Expected worth in 1 year
€6.51
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
€0.50
Return On Investment
19.1%

For what price can you sell your share?

Current Price per Share
€2.64
Expected price per share
€2.135 - €3.225
How sure are you?
50%
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1. Valuation of Arcticzymes (5 min.)




Live pricePrice per Share (EOD)

€2.64

Intrinsic Value Per Share

€0.35 - €0.08

Total Value Per Share

€6.36 - €6.09

2. Growth of Arcticzymes (5 min.)




Is Arcticzymes growing?

Current yearPrevious yearGrowGrow %
How rich?$331.1m$288.9m$30.3m9.5%

How much money is Arcticzymes making?

Current yearPrevious yearGrowGrow %
Making money$4.7m$12.8m-$8.1m-171.3%
Net Profit Margin14.6%30.0%--

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

3. Financial Health of Arcticzymes (5 min.)




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




  Industry Rankings (Biotechnology)  


Richest
#560 / 1045

Most Revenue
#415 / 1045

Most Profit
#150 / 1045

Most Efficient
#101 / 1045
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What can you expect buying and holding a share of Arcticzymes? (5 min.)

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

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

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

Speculation

The Price per Share of Arcticzymes is €2.635. 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 Arcticzymes.
  • 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 Arcticzymes, 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 €6.00. Based on the TTM, the Book Value Change Per Share is €0.13 per quarter. Based on the YOY, the Book Value Change Per Share is €0.26 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 Arcticzymes.

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 Eps0.134.9%0.103.9%0.259.6%0.197.0%0.114.1%
Usd Book Value Change Per Share0.155.6%0.145.2%0.2810.6%0.2710.1%0.249.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.155.6%0.145.2%0.2810.6%0.2710.1%0.249.1%
Usd Price Per Share2.87-4.47-8.54-4.86-3.79-
Price to Earnings Ratio5.56-25.65-14.52-9.93-6.64-
Price-to-Total Gains Ratio19.37-37.51-40.69-62.04-43.70-
Price to Book Ratio0.44-0.72-1.52-1.18-1.04-
Price-to-Total Gains Ratio19.37-37.51-40.69-62.04-43.70-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.8560765
Number of shares350
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.140.27
Usd Total Gains Per Share0.140.27
Gains per Quarter (350 shares)47.6593.16
Gains per Year (350 shares)190.62372.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101911810373363
203813720745736
30572563011181109
40762754014911482
50953945018631855
6011441136022362228
7013341327026082601
8015251518029812974
9017161709033543347
10019061900037263720

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 Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%16.011.00.059.3%16.011.00.059.3%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%18.09.00.066.7%18.09.00.066.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.027.00.0%0.00.027.00.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%18.09.00.066.7%18.09.00.066.7%
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Fundamentals of Arcticzymes

About Arcticzymes Technologies ASA

ArcticZymes Technologies ASA, a life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, In vitro diagnostics, and biomanufacturing. It offers salt active nuclease for the removal of nucleic acids during manufacturing of viral vectors, recombinant proteins, and other reagents; shrimp alkaline phosphatase for cleanup prior to Sanger sequencing and next generation sequencing processes; cod UNG for use in viral and other molecular diagnostic assays; double-strand specific DNases and derived kits for the removal of double stranded DNA; polymerases for technology development for life science, molecular diagnostics, NGS, and synthetic biology; proteinase for microbiological diagnostics and liquid biopsies; and ligases for joining nucleic acids. It operates in Norway, Germany, Lithuania, Italy, other countries in Europe, the United States, and internationally. The company was formerly known as Biotec Pharmacon ASA and changed its name to ArcticZymes Technologies ASA in June 2020. ArcticZymes Technologies ASA was founded in 1990 and is headquartered in Tromsø, Norway.

Fundamental data was last updated by Penke on 2024-02-13 05:01:03.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Arcticzymes Technologies ASA.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Arcticzymes to the Biotechnology industry mean.
  • A Net Profit Margin of 19.5% means that €0.19 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Arcticzymes Technologies ASA:

  • The MRQ is 19.5%. The company is making a huge profit. +2
  • The TTM is 14.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ19.5%TTM14.6%+4.9%
TTM14.6%YOY30.0%-15.4%
TTM14.6%5Y8.1%+6.5%
5Y8.1%10Y-2.2%+10.3%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ19.5%-188.7%+208.2%
TTM14.6%-211.4%+226.0%
YOY30.0%-286.5%+316.5%
5Y8.1%-469.5%+477.6%
10Y-2.2%-609.8%+607.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Arcticzymes to the Biotechnology industry mean.
  • 1.8% Return on Assets means that Arcticzymes generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Arcticzymes Technologies ASA:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.3%+0.5%
TTM1.3%YOY4.0%-2.7%
TTM1.3%5Y4.2%-2.8%
5Y4.2%10Y1.0%+3.2%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%-12.7%+14.5%
TTM1.3%-12.4%+13.7%
YOY4.0%-11.4%+15.4%
5Y4.2%-13.9%+18.1%
10Y1.0%-15.6%+16.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Arcticzymes to the Biotechnology industry mean.
  • 2.0% Return on Equity means Arcticzymes generated €0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Arcticzymes Technologies ASA:

  • The MRQ is 2.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.0%TTM1.5%+0.5%
TTM1.5%YOY4.5%-3.1%
TTM1.5%5Y5.1%-3.7%
5Y5.1%10Y1.0%+4.1%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%-16.3%+18.3%
TTM1.5%-16.2%+17.7%
YOY4.5%-14.7%+19.2%
5Y5.1%-19.1%+24.2%
10Y1.0%-20.0%+21.0%
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1.2. Operating Efficiency of Arcticzymes Technologies ASA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arcticzymes is operating .

  • Measures how much profit Arcticzymes 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 Arcticzymes to the Biotechnology industry mean.
  • An Operating Margin of 18.2% means the company generated €0.18  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Arcticzymes Technologies ASA:

  • The MRQ is 18.2%. The company is operating efficient. +1
  • The TTM is 4.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ18.2%TTM4.5%+13.7%
TTM4.5%YOY34.8%-30.3%
TTM4.5%5Y17.5%-13.0%
5Y17.5%10Y4.8%+12.7%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ18.2%-302.9%+321.1%
TTM4.5%-220.2%+224.7%
YOY34.8%-288.3%+323.1%
5Y17.5%-461.8%+479.3%
10Y4.8%-610.0%+614.8%
1.2.2. Operating Ratio

Measures how efficient Arcticzymes is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Biotechnology industry mean).
  • An Operation Ratio of 0.85 means that the operating costs are €0.85 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Arcticzymes Technologies ASA:

  • The MRQ is 0.851. The company is less efficient in keeping operating costs low.
  • The TTM is 0.915. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.851TTM0.915-0.064
TTM0.915YOY0.693+0.222
TTM0.9155Y0.939-0.024
5Y0.93910Y1.112-0.173
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8512.963-2.112
TTM0.9153.251-2.336
YOY0.6933.828-3.135
5Y0.9395.978-5.039
10Y1.1127.505-6.393
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1.3. Liquidity of Arcticzymes Technologies ASA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Biotechnology industry mean).
  • A Current Ratio of 14.08 means the company has €14.08 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Arcticzymes Technologies ASA:

  • The MRQ is 14.082. The company is very able to pay all its short-term debts. +2
  • The TTM is 13.594. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ14.082TTM13.594+0.488
TTM13.594YOY13.119+0.475
TTM13.5945Y10.125+3.469
5Y10.12510Y8.581+1.545
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ14.0824.010+10.072
TTM13.5944.478+9.116
YOY13.1195.577+7.542
5Y10.1256.222+3.903
10Y8.5816.568+2.013
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Arcticzymes to the Biotechnology industry mean.
  • A Quick Ratio of 1.03 means the company can pay off €1.03 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Arcticzymes Technologies ASA:

  • The MRQ is 1.033. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 0.907. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.033TTM0.907+0.127
TTM0.907YOY1.381-0.474
TTM0.9075Y1.309-0.402
5Y1.30910Y1.295+0.014
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0333.566-2.533
TTM0.9074.169-3.262
YOY1.3815.472-4.091
5Y1.3096.097-4.788
10Y1.2956.383-5.088
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1.4. Solvency of Arcticzymes Technologies ASA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Arcticzymes to Biotechnology industry mean.
  • A Debt to Asset Ratio of 0.09 means that Arcticzymes assets are financed with 8.7% credit (debt) and the remaining percentage (100% - 8.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Arcticzymes Technologies ASA:

  • The MRQ is 0.087. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.093. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.087TTM0.093-0.006
TTM0.093YOY0.110-0.017
TTM0.0935Y0.190-0.097
5Y0.19010Y0.194-0.004
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0870.332-0.245
TTM0.0930.329-0.236
YOY0.1100.262-0.152
5Y0.1900.371-0.181
10Y0.1940.380-0.186
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Arcticzymes to the Biotechnology industry mean.
  • A Debt to Equity ratio of 9.6% means that company has €0.10 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Arcticzymes Technologies ASA:

  • The MRQ is 0.096. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.103. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.096TTM0.103-0.007
TTM0.103YOY0.124-0.022
TTM0.1035Y0.268-0.165
5Y0.26810Y0.268+0.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0960.375-0.279
TTM0.1030.396-0.293
YOY0.1240.317-0.193
5Y0.2680.425-0.157
10Y0.2680.477-0.209
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2. Market Valuation of Arcticzymes Technologies ASA

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 Arcticzymes generates.

  • Above 15 is considered overpriced but always compare Arcticzymes to the Biotechnology industry mean.
  • A PE ratio of 5.56 means the investor is paying €5.56 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Arcticzymes Technologies ASA:

  • The EOD is 5.529. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.561. Based on the earnings, the company is cheap. +2
  • The TTM is 25.654. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.529MRQ5.561-0.031
MRQ5.561TTM25.654-20.094
TTM25.654YOY14.517+11.137
TTM25.6545Y9.932+15.722
5Y9.93210Y6.639+3.293
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD5.529-2.636+8.165
MRQ5.561-2.324+7.885
TTM25.654-2.801+28.455
YOY14.517-4.414+18.931
5Y9.932-6.185+16.117
10Y6.639-6.292+12.931
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Arcticzymes Technologies ASA:

  • The EOD is 4.211. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.234. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 6.334. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.211MRQ4.234-0.024
MRQ4.234TTM6.334-2.099
TTM6.334YOY7.494-1.160
TTM6.3345Y4.906+1.427
5Y4.90610Y3.634+1.272
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD4.211-3.656+7.867
MRQ4.234-2.911+7.145
TTM6.334-3.541+9.875
YOY7.494-6.023+13.517
5Y4.906-8.362+13.268
10Y3.634-8.792+12.426
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Biotechnology industry mean).
  • A PB ratio of 0.44 means the investor is paying €0.44 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Arcticzymes Technologies ASA:

  • The EOD is 0.439. Based on the equity, the company is cheap. +2
  • The MRQ is 0.441. Based on the equity, the company is cheap. +2
  • The TTM is 0.719. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.439MRQ0.441-0.002
MRQ0.441TTM0.719-0.277
TTM0.719YOY1.516-0.798
TTM0.7195Y1.175-0.457
5Y1.17510Y1.044+0.131
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD0.4392.155-1.716
MRQ0.4411.883-1.442
TTM0.7192.134-1.415
YOY1.5163.019-1.503
5Y1.1753.616-2.441
10Y1.0444.009-2.965
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Arcticzymes Technologies ASA 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--0.1370.126+9%0.259-47%0.246-44%0.222-39%
Book Value Per Share--6.0055.790+4%5.240+15%3.527+70%2.883+108%
Current Ratio--14.08213.594+4%13.119+7%10.125+39%8.581+64%
Debt To Asset Ratio--0.0870.093-6%0.110-21%0.190-54%0.194-55%
Debt To Equity Ratio--0.0960.103-7%0.124-23%0.268-64%0.268-64%
Dividend Per Share----0%-0%-0%-0%
Eps--0.1190.095+26%0.233-49%0.171-30%0.100+19%
Free Cash Flow Per Share--0.1560.038+310%0.277-44%0.207-24%0.207-24%
Free Cash Flow To Equity Per Share--0.1370.027+405%0.254-46%0.284-52%0.284-52%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.084--------
Intrinsic Value_10Y_min--0.352--------
Intrinsic Value_1Y_max--0.663--------
Intrinsic Value_1Y_min--0.652--------
Intrinsic Value_3Y_max--1.494--------
Intrinsic Value_3Y_min--1.436--------
Intrinsic Value_5Y_max--1.723--------
Intrinsic Value_5Y_min--1.642--------
Market Cap134046139.000-1%134809210.000209628321.550-36%400993810.500-66%228013245.510-41%177957577.830-24%
Net Profit Margin--0.1950.146+33%0.300-35%0.081+140%-0.022+111%
Operating Margin--0.1820.045+306%0.348-48%0.175+4%0.048+280%
Operating Ratio--0.8510.915-7%0.693+23%0.939-9%1.112-23%
Pb Ratio0.439-1%0.4410.719-39%1.516-71%1.175-62%1.044-58%
Pe Ratio5.529-1%5.56125.654-78%14.517-62%9.932-44%6.639-16%
Price Per Share2.635-1%2.6504.121-36%7.883-66%4.482-41%3.498-24%
Price To Free Cash Flow Ratio4.211-1%4.2346.334-33%7.494-43%4.906-14%3.634+17%
Price To Total Gains Ratio19.265-1%19.37537.511-48%40.690-52%62.041-69%43.700-56%
Quick Ratio--1.0330.907+14%1.381-25%1.309-21%1.295-20%
Return On Assets--0.0180.013+35%0.040-55%0.042-57%0.010+86%
Return On Equity--0.0200.015+35%0.045-56%0.051-61%0.010+92%
Total Gains Per Share--0.1370.126+9%0.259-47%0.246-44%0.222-39%
Usd Book Value--331107604.200319232124.825+4%288917880.600+15%194491710.105+70%158993798.433+108%
Usd Book Value Change Per Share--0.1480.136+9%0.281-47%0.266-44%0.241-39%
Usd Book Value Per Share--6.5096.275+4%5.679+15%3.823+70%3.125+108%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1290.102+26%0.253-49%0.185-30%0.108+19%
Usd Free Cash Flow--8626760.1002106288.675+310%15287325.600-44%8545521.795+1%6330016.144+36%
Usd Free Cash Flow Per Share--0.1700.041+310%0.301-44%0.224-24%0.224-24%
Usd Free Cash Flow To Equity Per Share--0.1490.029+405%0.275-46%0.308-52%0.308-52%
Usd Market Cap145292610.062-1%146119702.719227216137.728-36%434637191.201-66%247143556.808-41%192888218.610-24%
Usd Price Per Share2.856-1%2.8724.466-36%8.544-66%4.858-41%3.792-24%
Usd Profit--6569517.9004743417.375+38%12869957.625-49%9243661.785-29%5369158.867+22%
Usd Revenue--33764568.90032057697.375+5%39925185.525-15%29682059.550+14%26967913.733+25%
Usd Total Gains Per Share--0.1480.136+9%0.281-47%0.266-44%0.241-39%
 EOD+4 -4MRQTTM+29 -4YOY+10 -235Y+15 -1810Y+19 -14

3.2. Fundamental Score

Let's check the fundamental score of Arcticzymes Technologies ASA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.529
Price to Book Ratio (EOD)Between0-10.439
Net Profit Margin (MRQ)Greater than00.195
Operating Margin (MRQ)Greater than00.182
Quick Ratio (MRQ)Greater than11.033
Current Ratio (MRQ)Greater than114.082
Debt to Asset Ratio (MRQ)Less than10.087
Debt to Equity Ratio (MRQ)Less than10.096
Return on Equity (MRQ)Greater than0.150.020
Return on Assets (MRQ)Greater than0.050.018
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Arcticzymes Technologies ASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose2.665
Total1/1 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets334,745
Total Liabilities29,267
Total Stockholder Equity305,478
 As reported
Total Liabilities 29,267
Total Stockholder Equity+ 305,478
Total Assets = 334,745

Assets

Total Assets334,745
Total Current Assets280,529
Long-term Assets54,216
Total Current Assets
Cash And Cash Equivalents 246,755
Net Receivables 20,582
Inventory 13,193
Other Current Assets -1
Total Current Assets  (as reported)280,529
Total Current Assets  (calculated)280,529
+/-0
Long-term Assets
Property Plant Equipment 28,392
Other Assets 5,773
Long-term Assets  (as reported)54,216
Long-term Assets  (calculated)34,165
+/- 20,051

Liabilities & Shareholders' Equity

Total Current Liabilities19,921
Long-term Liabilities9,345
Total Stockholder Equity305,478
Total Current Liabilities
Accounts payable 5,016
Other Current Liabilities 1,800
Total Current Liabilities  (as reported)19,921
Total Current Liabilities  (calculated)6,816
+/- 13,105
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt13,502
Long-term Liabilities Other -1
Long-term Liabilities  (as reported)9,345
Long-term Liabilities  (calculated)13,501
+/- 4,156
Total Stockholder Equity
Common Stock50,871
Total Stockholder Equity (as reported)305,478
Total Stockholder Equity (calculated)50,871
+/- 254,607
Other
Capital Stock50,871
Common Stock Shares Outstanding 50,871
Net Invested Capital 305,478
Net Tangible Assets 285,427
Net Working Capital 260,608
Property Plant and Equipment Gross 28,392



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-31
> Total Assets 
77,311
73,778
67,569
61,683
51,201
66,862
68,465
68,014
76,859
73,212
77,477
77,608
91,743
112,681
120,464
221,912
237,473
251,201
263,777
284,111
293,734
306,749
313,436
319,037
318,238
326,987
334,745
334,745326,987318,238319,037313,436306,749293,734284,111263,777251,201237,473221,912120,464112,68191,74377,60877,47773,21276,85968,01468,46566,86251,20161,68367,56973,77877,311
   > Total Current Assets 
67,686
63,070
56,342
49,966
39,914
55,177
56,698
55,867
47,874
45,203
50,352
58,591
72,325
94,169
102,930
174,772
194,246
201,020
210,186
233,420
250,237
264,500
269,823
269,244
267,799
276,233
280,529
280,529276,233267,799269,244269,823264,500250,237233,420210,186201,020194,246174,772102,93094,16972,32558,59150,35245,20347,87455,86756,69855,17739,91449,96656,34263,07067,686
       Cash And Cash Equivalents 
46,489
38,404
33,134
30,593
19,967
35,163
28,154
31,662
28,190
21,369
22,055
29,617
35,667
56,109
69,660
138,991
163,339
176,819
186,923
198,777
214,628
231,020
238,596
242,030
232,480
239,794
246,755
246,755239,794232,480242,030238,596231,020214,628198,777186,923176,819163,339138,99169,66056,10935,66729,61722,05521,36928,19031,66228,15435,16319,96730,59333,13438,40446,489
       Net Receivables 
17,399
20,368
19,131
11,336
13,188
13,467
22,309
17,182
7,693
10,063
16,734
14,309
23,927
26,660
20,754
30,235
26,890
18,382
17,043
25,389
28,880
27,166
24,678
18,004
16,745
17,725
20,582
20,58217,72516,74518,00424,67827,16628,88025,38917,04318,38226,89030,23520,75426,66023,92714,30916,73410,0637,69317,18222,30913,46713,18811,33619,13120,36817,399
       Inventory 
3,798
4,298
4,077
5,011
6,759
6,547
6,235
6,560
6,474
6,583
5,490
5,298
4,663
4,439
4,876
3,889
4,017
5,819
6,220
6,882
6,730
6,315
6,548
7,078
12,499
12,328
13,193
13,19312,32812,4997,0786,5486,3156,7306,8826,2205,8194,0173,8894,8764,4394,6635,2985,4906,5836,4746,5606,2356,5476,7595,0114,0774,2983,798
   > Long-term Assets 
0
0
0
0
0
0
0
0
28,986
28,008
27,124
19,019
26,017
18,512
17,535
47,138
43,227
50,180
53,591
50,691
43,497
42,249
43,615
49,787
50,440
50,754
54,216
54,21650,75450,44049,78743,61542,24943,49750,69153,59150,18043,22747,13817,53518,51226,01719,01927,12428,00828,98600000000
       Property Plant Equipment 
3,734
4,143
4,844
4,589
4,279
4,647
4,746
4,597
21,669
20,585
19,994
18,344
18,806
17,887
17,051
13,573
15,285
23,326
26,896
28,381
27,109
28,333
27,755
29,314
29,016
28,930
28,392
28,39228,93029,01629,31427,75528,33327,10928,38126,89623,32615,28513,57317,05117,88718,80618,34419,99420,58521,6694,5974,7464,6474,2794,5894,8444,1433,734
       Intangible Assets 
0
6,357
6,360
7,119
7,006
0
0
0
0
7,423
7,133
674
0
0
0
621
0
0
0
1,790
0
0
0
9,234
0
0
0
0009,2340001,7900006210006747,1337,42300007,0067,1196,3606,3570
       Long-term Assets Other 
0
0
0
0
0
0
0
0
7
28,008
-3
-1
26,017
78
0
5
3
1
-1
0
-4
-5
-4
0
-16
0
-7
-70-160-4-5-40-113507826,017-1-328,008700000000
> Total Liabilities 
13,158
13,853
15,252
16,868
12,519
10,589
12,826
14,116
28,377
26,342
30,581
31,131
31,471
26,356
24,835
25,581
21,576
31,086
36,533
39,267
27,613
31,415
33,519
34,301
28,885
28,467
29,267
29,26728,46728,88534,30133,51931,41527,61339,26736,53331,08621,57625,58124,83526,35631,47131,13130,58126,34228,37714,11612,82610,58912,51916,86815,25213,85313,158
   > Total Current Liabilities 
13,158
13,854
15,253
16,870
12,519
10,590
12,826
14,117
10,424
9,031
13,910
18,368
17,327
12,564
10,347
15,987
11,636
13,456
18,930
24,794
14,968
18,536
22,344
23,953
18,990
18,474
19,921
19,92118,47418,99023,95322,34418,53614,96824,79418,93013,45611,63615,98710,34712,56417,32718,36813,9109,03110,42414,11712,82610,59012,51916,87015,25313,85413,158
       Accounts payable 
4,546
6,734
7,266
5,808
4,106
4,760
6,448
6,075
3,206
3,814
7,361
3,960
8,206
4,742
10,340
3,456
11,636
2,211
5,934
5,795
1,689
3,182
4,578
5,592
2,825
4,310
5,016
5,0164,3102,8255,5924,5783,1821,6895,7955,9342,21111,6363,45610,3404,7428,2063,9607,3613,8143,2066,0756,4484,7604,1065,8087,2666,7344,546
       Other Current Liabilities 
2,505
2,415
2,285
3,003
1,415
1,671
1,738
2,845
865
728
1,160
716
2,640
3,863
7
1,159
4,103
2,081
1,621
5,079
1,159
1,372
990
3,719
1,318
1,280
1,800
1,8001,2801,3183,7199901,3721,1595,0791,6212,0814,1031,15973,8632,6407161,1607288652,8451,7381,6711,4153,0032,2852,4152,505
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
17,953
17,311
16,671
12,763
14,143
14,314
14,267
9,594
9,940
17,630
17,603
14,471
12,644
12,879
11,177
10,350
9,895
9,993
9,345
9,3459,9939,89510,35011,17712,87912,64414,47117,60317,6309,9409,59414,26714,31414,14312,76316,67117,31117,95300000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
17,954
17,313
16,671
16,018
14,144
13,793
13,743
11,963
9,940
17,631
17,602
17,569
15,754
16,576
14,867
14,080
13,645
13,941
13,502
13,50213,94113,64514,08014,86716,57615,75417,56917,60217,6319,94011,96313,74313,79314,14416,01816,67117,31317,95400000000
       Other Liabilities 
0
-1
-1
-2
0
-1
0
-1
-1
-2
0
-1
0
-1
745
-1
0
-1
1
1
1
0
0
0
0
0
0
000000111-10-1745-10-10-2-1-10-10-2-1-10
> Total Stockholder Equity
63,473
59,214
51,584
44,100
38,014
55,597
54,856
53,022
47,652
46,001
45,888
45,141
58,504
83,631
92,590
194,365
212,885
220,115
227,244
244,844
266,121
275,334
279,917
284,736
289,353
298,520
305,478
305,478298,520289,353284,736279,917275,334266,121244,844227,244220,115212,885194,36592,59083,63158,50445,14145,88846,00147,65253,02254,85655,59738,01444,10051,58459,21463,473
   Common Stock
43,945
43,945
43,945
43,945
43,945
48,335
48,335
48,335
48,335
48,335
48,335
48,335
48,335
48,335
48,335
48,335
48,335
50,171
50,171
50,371
50,371
50,371
50,371
50,571
0
0
50,871
50,8710050,57150,37150,37150,37150,37150,17150,17148,33548,33548,33548,33548,33548,33548,33548,33548,33548,33548,33548,33543,94543,94543,94543,94543,945
   Retained Earnings Total Equity000000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000000
   Capital Surplus 000000000000000000000000000
   Treasury Stock000000000000000000000000000
   Other Stockholders Equity 000000000000000-100000000000



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 (+$)
totalRevenue136,971
Cost of Revenue-5,180
Gross Profit131,791131,791
 
Operating Income (+$)
Gross Profit131,791
Operating Expense-100,497
Operating Income36,47431,294
 
Operating Expense (+$)
Research Development-
Selling General Administrative1,148
Selling And Marketing Expenses-
Operating Expense100,4971,148
 
Net Interest Income (+$)
Interest Income3,386
Interest Expense-499
Other Finance Cost-976
Net Interest Income3,863
 
Pretax Income (+$)
Operating Income36,474
Net Interest Income3,863
Other Non-Operating Income Expenses-
Income Before Tax (EBT)42,14236,474
EBIT - interestExpense = 35,975
41,890
33,359
Interest Expense499
Earnings Before Interest and Taxes (EBIT)36,47442,641
Earnings Before Interest and Taxes (EBITDA)47,662
 
After tax Income (+$)
Income Before Tax42,142
Tax Provision-9,283
Net Income From Continuing Ops32,86032,859
Net Income32,860
Net Income Applicable To Common Shares33,112
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses31,541
Total Other Income/Expenses Net--3,863
 

Technical Analysis of Arcticzymes
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 Arcticzymes. The general trend of Arcticzymes 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 Arcticzymes'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 Arcticzymes Technologies ASA.

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: 2.75 < 3.045 < 3.225.

The bearish price targets are: 2.255 > 2.25 > 2.135.

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Arcticzymes Technologies ASA 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 Arcticzymes Technologies ASA. 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

Arcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Moving Average Convergence/Divergence (MACD) ChartArcticzymes Technologies ASA 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 Arcticzymes Technologies ASA. The current adx is .

Arcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Parabolic SAR Chart
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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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Relative Strength Index (RSI) ChartArcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Stochastic Oscillator ChartArcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Commodity Channel Index (CCI) ChartArcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Chande Momentum Oscillator (CMO) ChartArcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Williams %R ChartArcticzymes Technologies ASA Daily Williams %R Chart
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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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Average True Range (ATR) ChartArcticzymes Technologies ASA Daily Average True Range (ATR) Chart
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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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily On-Balance Volume (OBV) ChartArcticzymes Technologies ASA 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 Arcticzymes Technologies ASA.

Arcticzymes Technologies ASA Daily Money Flow Index (MFI) ChartArcticzymes Technologies ASA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arcticzymes Technologies ASA.

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
2023-10-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-17 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-20 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-10-23 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-24 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-10-25 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-10-26 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-10-30 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-31 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-03 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-10 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-04 00:00:00STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-27 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18 00:00:00DMI 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).
2024-01-19 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
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).
2024-01-24 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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).
2024-02-02 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Arcticzymes Technologies ASA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Arcticzymes Technologies ASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose2.665
Total1/1 (100.0%)
Penke

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