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Bank Islami Pakistan Ltd
Buy, Hold or Sell?

Let's analyse Bank Islami Pakistan Ltd together

PenkeI guess you are interested in Bank Islami Pakistan Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Bank Islami Pakistan Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Bank Islami Pakistan Ltd (30 sec.)










What can you expect buying and holding a share of Bank Islami Pakistan Ltd? (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?
6.3%

What is your share worth?

Current worth
₨29.91
Expected worth in 1 year
₨36.45
How sure are you?
81.3%

+ What do you gain per year?

Total Gains per Share
₨6.68
Return On Investment
31.8%

For what price can you sell your share?

Current Price per Share
₨21.00
Expected price per share
₨16.36 - ₨25.93
How sure are you?
50%

1. Valuation of Bank Islami Pakistan Ltd (5 min.)




Live pricePrice per Share (EOD)

₨21.00

Intrinsic Value Per Share

₨2,505.41 - ₨2,990.39

Total Value Per Share

₨2,535.32 - ₨3,020.30

2. Growth of Bank Islami Pakistan Ltd (5 min.)




Is Bank Islami Pakistan Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$119.3m$86.7m$19.1m18.1%

How much money is Bank Islami Pakistan Ltd making?

Current yearPrevious yearGrowGrow %
Making money$9m$2.8m$6.2m69.0%
Net Profit Margin26.1%14.5%--

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

3. Financial Health of Bank Islami Pakistan Ltd (5 min.)




What can you expect buying and holding a share of Bank Islami Pakistan Ltd? (5 min.)

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

What can you expect buying and holding a share of Bank Islami Pakistan Ltd?

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

Speculation

The Price per Share of Bank Islami Pakistan Ltd is ₨21.00. 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 Bank Islami Pakistan Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bank Islami Pakistan Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ₨29.91. Based on the TTM, the Book Value Change Per Share is ₨1.63 per quarter. Based on the YOY, the Book Value Change Per Share is ₨0.78 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 ₨0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bank Islami Pakistan Ltd.

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 Eps0.010.1%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.010.0%0.010.0%0.000.0%0.010.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.0%0.010.0%0.000.0%0.010.0%0.010.0%
Usd Price Per Share0.06-0.05-0.04-0.04-0.04-
Price to Earnings Ratio1.45-1.68-6.53-0.53-0.53-
Price-to-Total Gains Ratio6.78-13.28-23.14-5.68-5.68-
Price to Book Ratio0.58-0.54-0.56-0.47-0.47-
Price-to-Total Gains Ratio6.78-13.28-23.14-5.68-5.68-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0756
Number of shares13227
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (13227 shares)79.5389.45
Gains per Year (13227 shares)318.12357.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
173113082356348
2146226263712706
321934944510681064
42812451262714241422
53515561580917801780
642186718981021362138
748217822161224922496
855249025341428492854
962280128521632053212
1069311231701735613570

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%11.01.00.091.7%15.01.00.093.8%15.01.00.093.8%15.01.00.093.8%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%13.03.00.081.3%13.03.00.081.3%13.03.00.081.3%
Dividend per Share1.00.03.025.0%1.00.011.08.3%1.00.015.06.3%1.00.015.06.3%1.00.015.06.3%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%13.03.00.081.3%13.03.00.081.3%13.03.00.081.3%

Fundamentals of Bank Islami Pakistan Ltd

About Bank Islami Pakistan Ltd

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable 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 cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Bank Islami Pakistan Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bank Islami Pakistan Ltd earns for each ₨1 of revenue.

  • Above 10% is considered healthy but always compare Bank Islami Pakistan Ltd to the Banking Services industry mean.
  • A Net Profit Margin of 27.5% means that ₨0.27 for each ₨1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bank Islami Pakistan Ltd:

  • The MRQ is 27.5%. The company is making a huge profit. +2
  • The TTM is 26.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ27.5%TTM26.1%+1.4%
TTM26.1%YOY14.5%+11.6%
TTM26.1%5Y15.8%+10.3%
5Y15.8%10Y15.8%0.0%
1.1.2. Return on Assets

Shows how efficient Bank Islami Pakistan Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Bank Islami Pakistan Ltd to the Banking Services industry mean.
  • 0.6% Return on Assets means that Bank Islami Pakistan Ltd generated ₨0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bank Islami Pakistan Ltd:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.4%+0.1%
TTM0.4%YOY0.2%+0.3%
TTM0.4%5Y0.2%+0.2%
5Y0.2%10Y0.2%0.0%
1.1.3. Return on Equity

Shows how efficient Bank Islami Pakistan Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Bank Islami Pakistan Ltd to the Banking Services industry mean.
  • 10.1% Return on Equity means Bank Islami Pakistan Ltd generated ₨0.10 for each ₨1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bank Islami Pakistan Ltd:

  • The MRQ is 10.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.1%TTM8.4%+1.7%
TTM8.4%YOY3.2%+5.2%
TTM8.4%5Y3.7%+4.7%
5Y3.7%10Y3.7%0.0%

1.2. Operating Efficiency of Bank Islami Pakistan Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bank Islami Pakistan Ltd is operating .

  • Measures how much profit Bank Islami Pakistan Ltd makes for each ₨1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Bank Islami Pakistan Ltd to the Banking Services 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 Bank Islami Pakistan Ltd:

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

Measures how efficient Bank Islami Pakistan Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banking Services industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ₨0.00 for each ₨1 in net sales.

Let's take a look of the Operating Ratio trends of Bank Islami Pakistan Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.172-0.172
5Y0.17210Y0.1720.000

1.3. Liquidity of Bank Islami Pakistan Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bank Islami Pakistan Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banking Services industry mean).
  • A Current Ratio of 0.00 means the company has ₨0.00 in assets for each ₨1 in short-term debts.

Let's take a look of the Current Ratio trends of Bank Islami Pakistan Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
1.3.2. Quick Ratio

Measures if Bank Islami Pakistan Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Bank Islami Pakistan Ltd to the Banking Services industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ₨0.00 for each ₨1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bank Islami Pakistan Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.4. Solvency of Bank Islami Pakistan Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bank Islami Pakistan Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bank Islami Pakistan Ltd to Banking Services industry mean.
  • A Debt to Asset Ratio of 0.94 means that Bank Islami Pakistan Ltd assets are financed with 94.3% credit (debt) and the remaining percentage (100% - 94.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Bank Islami Pakistan Ltd:

  • The MRQ is 0.943. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.947. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.943TTM0.947-0.003
TTM0.947YOY0.944+0.002
TTM0.9475Y0.940+0.007
5Y0.94010Y0.9400.000
1.4.2. Debt to Equity Ratio

Measures if Bank Islami Pakistan Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bank Islami Pakistan Ltd to the Banking Services industry mean.
  • A Debt to Equity ratio of 1,666.7% means that company has ₨16.67 debt for each ₨1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bank Islami Pakistan Ltd:

  • The MRQ is 16.667. The company is unable to pay all its debts with equity. -1
  • The TTM is 17.747. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ16.667TTM17.747-1.080
TTM17.747YOY16.999+0.747
TTM17.7475Y15.822+1.925
5Y15.82210Y15.8220.000

2. Market Valuation of Bank Islami Pakistan Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₨1 in earnings Bank Islami Pakistan Ltd generates.

  • Above 15 is considered overpriced but always compare Bank Islami Pakistan Ltd to the Banking Services industry mean.
  • A PE ratio of 1.45 means the investor is paying ₨1.45 for every ₨1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bank Islami Pakistan Ltd:

  • The EOD is 1.736. Based on the earnings, the company is cheap. +2
  • The MRQ is 1.445. Based on the earnings, the company is cheap. +2
  • The TTM is 1.678. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.736MRQ1.445+0.290
MRQ1.445TTM1.678-0.232
TTM1.678YOY6.525-4.847
TTM1.6785Y0.531+1.147
5Y0.53110Y0.5310.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 0.078. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.065. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.183. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.078MRQ0.065+0.013
MRQ0.065TTM0.183-0.118
TTM0.183YOY0.571-0.388
TTM0.1835Y0.352-0.168
5Y0.35210Y0.3520.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Bank Islami Pakistan Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banking Services industry mean).
  • A PB ratio of 0.58 means the investor is paying ₨0.58 for each ₨1 in book value.

Let's take a look of the Price to Book Ratio trends of Bank Islami Pakistan Ltd:

  • The EOD is 0.702. Based on the equity, the company is cheap. +2
  • The MRQ is 0.585. Based on the equity, the company is cheap. +2
  • The TTM is 0.544. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.702MRQ0.585+0.117
MRQ0.585TTM0.544+0.040
TTM0.544YOY0.558-0.014
TTM0.5445Y0.471+0.073
5Y0.47110Y0.4710.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bank Islami Pakistan Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.4331.634+49%0.775+214%1.869+30%1.869+30%
Book Value Per Share--29.91126.533+13%21.729+38%18.069+66%18.069+66%
Current Ratio----0%-0%-0%-0%
Debt To Asset Ratio--0.9430.9470%0.9440%0.940+0%0.940+0%
Debt To Equity Ratio--16.66717.747-6%16.999-2%15.822+5%15.822+5%
Dividend Per Share--0.1450.036+300%-+100%0.009+1500%0.009+1500%
Eps--3.0252.272+33%0.704+330%0.789+283%0.789+283%
Free Cash Flow Per Share--67.45034.865+93%8.488+695%14.137+377%14.137+377%
Free Cash Flow To Equity Per Share--67.45034.865+93%8.488+695%14.137+377%14.137+377%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2990.390--------
Intrinsic Value_10Y_min--2505.413--------
Intrinsic Value_1Y_max--98.792--------
Intrinsic Value_1Y_min--96.920--------
Intrinsic Value_3Y_max--449.914--------
Intrinsic Value_3Y_min--426.434--------
Intrinsic Value_5Y_max--985.596--------
Intrinsic Value_5Y_min--901.629--------
Market Cap--19391220699.51016156578824.678+20%13368190027.693+45%11210157408.994+73%11210157408.994+73%
Net Profit Margin--0.2750.261+5%0.145+90%0.158+74%0.158+74%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.172-100%0.172-100%
Pb Ratio0.702+17%0.5850.544+7%0.558+5%0.471+24%0.471+24%
Pe Ratio1.736+17%1.4451.678-14%6.525-78%0.531+172%0.531+172%
Price Per Share21.000+17%17.49014.573+20%12.058+45%11.916+47%11.916+47%
Price To Free Cash Flow Ratio0.078+17%0.0650.183-65%0.571-89%0.352-82%0.352-82%
Price To Total Gains Ratio8.145+17%6.78413.282-49%23.145-71%5.685+19%5.685+19%
Quick Ratio----0%-0%-0%-0%
Return On Assets--0.0060.004+27%0.002+226%0.002+174%0.002+174%
Return On Equity--0.1010.084+20%0.032+220%0.037+177%0.037+177%
Total Gains Per Share--2.5781.670+54%0.775+233%1.879+37%1.879+37%
Usd Book Value--119384586.000105903417.600+13%86728383.000+38%81151136.905+47%81151136.905+47%
Usd Book Value Change Per Share--0.0090.006+49%0.003+214%0.007+30%0.007+30%
Usd Book Value Per Share--0.1080.096+13%0.078+38%0.065+66%0.065+66%
Usd Dividend Per Share--0.0010.000+300%-+100%0.000+1500%0.000+1500%
Usd Eps--0.0110.008+33%0.003+330%0.003+283%0.003+283%
Usd Free Cash Flow--269215333.200139159143.900+93%33878973.600+695%50194615.263+436%50194615.263+436%
Usd Free Cash Flow Per Share--0.2430.126+93%0.031+695%0.051+377%0.051+377%
Usd Free Cash Flow To Equity Per Share--0.2430.126+93%0.031+695%0.051+377%0.051+377%
Usd Market Cap--69808394.51858163683.769+20%48125484.100+45%40356566.672+73%40356566.672+73%
Usd Price Per Share0.076+17%0.0630.052+20%0.043+45%0.043+47%0.043+47%
Usd Profit--12073777.2009070234.200+33%2809681.200+330%3350762.905+260%3350762.905+260%
Usd Revenue--43950214.80033971940.000+29%17877226.500+146%17705156.589+148%17705156.589+148%
Usd Total Gains Per Share--0.0090.006+54%0.003+233%0.007+37%0.007+37%
 EOD+2 -4MRQTTM+28 -3YOY+28 -35Y+27 -510Y+27 -5

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-151.736
Price to Book Ratio (EOD)Between0-10.702
Net Profit Margin (MRQ)Greater than00.275
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.943
Debt to Equity Ratio (MRQ)Less than116.667
Return on Equity (MRQ)Greater than0.150.101
Return on Assets (MRQ)Greater than0.050.006
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.071
Ma 20Greater thanMa 5021.581
Ma 50Greater thanMa 10022.797
Ma 100Greater thanMa 20021.737
OpenGreater thanClose21.000
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets585,872,613
Total Liabilities552,710,228
Total Stockholder Equity33,162,385
 As reported
Total Liabilities 552,710,228
Total Stockholder Equity+ 33,162,385
Total Assets = 585,872,613

Assets

Total Assets585,872,613
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 42,000,442
Total Current Assets  (as reported)0
Total Current Assets  (calculated)42,000,442
+/- 42,000,442
Long-term Assets
Property Plant Equipment 14,261,521
Goodwill 2,991,308
Long Term Investments 276,771,767
Intangible Assets 491,157
Long-term Assets  (as reported)0
Long-term Assets  (calculated)294,515,753
+/- 294,515,753

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity33,162,385
Total Current Liabilities
Accounts payable 9,665,196
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)9,665,196
+/- 9,665,196
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 17,975,310
Total Stockholder Equity (as reported)33,162,385
Total Stockholder Equity (calculated)17,975,310
+/- 15,187,075
Other
Capital Stock11,007,991
Common Stock Shares Outstanding 1,108,703
Net Invested Capital 61,471,639
Property Plant and Equipment Gross 14,261,521



Balance Sheet

Currency in PKR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
228,043,879
255,270,717
264,354,409
284,464,013
306,916,720
286,915,610
308,419,849
337,940,590
344,971,268
355,463,941
364,290,671
408,705,897
409,508,153
461,110,545
455,042,117
487,599,414
536,980,576
591,495,653
585,872,613
585,872,613591,495,653536,980,576487,599,414455,042,117461,110,545409,508,153408,705,897364,290,671355,463,941344,971,268337,940,590308,419,849286,915,610306,916,720284,464,013264,354,409255,270,717228,043,879
   > Total Current Assets 0000000000000000000
       Cash And Cash Equivalents 
24,388,236
33,114,507
22,083,557
24,009,435
19,822,852
32,316,907
51,667,604
49,417,787
39,240,845
29,939,287
29,922,090
43,764,918
29,466,712
53,263,909
41,328,284
52,020,859
36,457,429
68,543,284
42,000,442
42,000,44268,543,28436,457,42952,020,85941,328,28453,263,90929,466,71243,764,91829,922,09029,939,28739,240,84549,417,78751,667,60432,316,90719,822,85224,009,43522,083,55733,114,50724,388,236
   > Long-term Assets 0000000000000000000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,373,071
14,190,422
14,297,881
14,014,744
14,261,521
14,261,52114,014,74414,297,88114,190,42213,373,07100000000000000
       Goodwill 
0
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,308
2,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3082,991,3080
       Long Term Investments 
58,188,563
57,178,941
56,632,141
55,806,907
53,362,921
51,412,315
60,717,979
95,682,771
109,847,425
107,583,494
107,411,075
125,257,570
127,970,287
127,814,427
139,763,747
180,184,307
203,172,421
205,008,077
276,771,767
276,771,767205,008,077203,172,421180,184,307139,763,747127,814,427127,970,287125,257,570107,411,075107,583,494109,847,42595,682,77160,717,97951,412,31553,362,92155,806,90756,632,14157,178,94158,188,563
       Intangible Assets 
3,156,599
180,384
165,298
157,497
150,685
173,958
162,808
164,201
188,570
196,890
208,621
231,883
237,772
318,083
295,143
317,272
395,024
450,388
491,157
491,157450,388395,024317,272295,143318,083237,772231,883208,621196,890188,570164,201162,808173,958150,685157,497165,298180,3843,156,599
> Total Liabilities 
212,503,256
239,383,007
248,125,006
264,010,497
286,863,128
267,265,751
287,746,194
317,427,508
323,834,454
333,818,694
341,811,839
385,898,730
386,219,691
436,757,878
429,125,543
460,808,470
509,728,537
561,030,557
552,710,228
552,710,228561,030,557509,728,537460,808,470429,125,543436,757,878386,219,691385,898,730341,811,839333,818,694323,834,454317,427,508287,746,194267,265,751286,863,128264,010,497248,125,006239,383,007212,503,256
   > Total Current Liabilities 0000000000000000000
       Accounts payable 
0
1,297,223
2,616,061
2,203,876
2,700,045
2,268,244
2,357,288
1,939,037
1,919,067
1,976,168
2,169,823
2,444,563
2,744,111
3,348,027
4,346,326
5,794,980
6,361,419
10,739,578
9,665,196
9,665,19610,739,5786,361,4195,794,9804,346,3263,348,0272,744,1112,444,5632,169,8231,976,1681,919,0671,939,0372,357,2882,268,2442,700,0452,203,8762,616,0611,297,2230
   > Long-term Liabilities 0000000000000000000
> Total Stockholder Equity
15,342,421
15,687,338
16,033,853
20,258,729
19,853,778
19,449,034
20,458,335
20,296,242
20,904,355
21,645,247
22,478,832
22,807,167
23,288,462
24,352,667
25,916,574
26,790,944
27,252,039
30,465,096
33,162,385
33,162,38530,465,09627,252,03926,790,94425,916,57424,352,66723,288,46222,807,16722,478,83221,645,24720,904,35520,296,24220,458,33519,449,03419,853,77820,258,72916,033,85315,687,33815,342,421
   Common Stock0000000000000000000
   Retained Earnings 
2,519,437
2,899,327
3,461,654
3,436,341
3,757,204
4,387,135
5,026,456
4,734,999
5,193,022
5,820,102
6,517,396
6,640,760
7,202,833
8,199,365
9,645,365
10,432,660
11,238,369
14,569,183
17,975,310
17,975,31014,569,18311,238,36910,432,6609,645,3658,199,3657,202,8336,640,7606,517,3965,820,1025,193,0224,734,9995,026,4564,387,1353,757,2043,436,3413,461,6542,899,3272,519,437
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 0000000000000000000



Balance Sheet

Currency in PKR. All numbers in thousands.




Cash Flow

Currency in PKR. All numbers in thousands.




Income Statement

Currency in PKR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue37,398,698
Cost of Revenue--
Gross Profit-37,398,698
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative295,559
Selling And Marketing Expenses-
Operating Expense-295,559
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)17,660,9020
EBIT - interestExpense = 0
10,078,038
10,078,038
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-17,660,902
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax17,660,902
Tax Provision-7,582,864
Net Income From Continuing Ops10,078,03810,078,038
Net Income10,078,038
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-0
 

Technical Analysis of Bank Islami Pakistan Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bank Islami Pakistan Ltd. The general trend of Bank Islami Pakistan Ltd is NEUTRAL 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 Bank Islami Pakistan Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
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 Bank Islami Pakistan Ltd.

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: 23.26 < 25.88 < 25.93.

The bearish price targets are: 18.17 > 16.45 > 16.36.

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Bank Islami Pakistan Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Bank Islami Pakistan Ltd. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-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 higher 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 higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Bank Islami Pakistan Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bank Islami Pakistan Ltd. The current macd is -0.60774184.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bank Islami Pakistan Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Bank Islami Pakistan Ltd. 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 Bank Islami Pakistan Ltd 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Bank Islami Pakistan Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBank Islami Pakistan Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Bank Islami Pakistan Ltd. The current adx is 13.34.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Bank Islami Pakistan Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Bank Islami Pakistan Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Bank Islami Pakistan Ltd. The current sar is 21.68.

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
Bank Islami Pakistan Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Bank Islami Pakistan Ltd. The current rsi is 43.07. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Bank Islami Pakistan Ltd Daily Relative Strength Index (RSI) ChartBank Islami Pakistan Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Bank Islami Pakistan Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bank Islami Pakistan Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Bank Islami Pakistan Ltd Daily Stochastic Oscillator ChartBank Islami Pakistan Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Bank Islami Pakistan Ltd. The current cci is -55.31736805.

Bank Islami Pakistan Ltd Daily Commodity Channel Index (CCI) ChartBank Islami Pakistan Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bank Islami Pakistan Ltd. The current cmo is -11.58121799.

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
Bank Islami Pakistan Ltd Daily Chande Momentum Oscillator (CMO) ChartBank Islami Pakistan Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Bank Islami Pakistan Ltd. The current willr is -67.26190476.

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 Bank Islami Pakistan Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Bank Islami Pakistan Ltd Daily Williams %R ChartBank Islami Pakistan Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Bank Islami Pakistan Ltd.

Bank Islami Pakistan Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Bank Islami Pakistan Ltd. The current atr is 0.84752899.

Bank Islami Pakistan Ltd Daily Average True Range (ATR) ChartBank Islami Pakistan Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Bank Islami Pakistan Ltd. The current obv is 181,515,545.

Bank Islami Pakistan Ltd Daily On-Balance Volume (OBV) ChartBank Islami Pakistan Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Bank Islami Pakistan Ltd. The current mfi is 43.27.

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

  • MFI < 50: -1
Bank Islami Pakistan Ltd Daily Money Flow Index (MFI) ChartBank Islami Pakistan Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bank Islami Pakistan Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

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

6.3. Candlestick Patterns

Bank Islami Pakistan Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.071
Ma 20Greater thanMa 5021.581
Ma 50Greater thanMa 10022.797
Ma 100Greater thanMa 20021.737
OpenGreater thanClose21.000
Total2/5 (40.0%)
Penke

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