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Bynordic Acquisition Corp
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Let's analyse Bynordic together

PenkeI guess you are interested in Bynordic Acquisition Corp. 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 Bynordic Acquisition Corp. 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 Bynordic (30 sec.)










What can you expect buying and holding a share of Bynordic? (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
$1.68
Expected worth in 1 year
$-3.80
How sure are you?
58.3%

+ What do you gain per year?

Total Gains per Share
$-5.48
Return On Investment
-49.3%

For what price can you sell your share?

Current Price per Share
$11.10
Expected price per share
$11.04 - $12.12
How sure are you?
50%

1. Valuation of Bynordic (5 min.)




Live pricePrice per Share (EOD)

$11.10

2. Growth of Bynordic (5 min.)




Is Bynordic growing?

Current yearPrevious yearGrowGrow %
How rich?$28.7m$85.5m$51.6m37.7%

How much money is Bynordic making?

Current yearPrevious yearGrowGrow %
Making money$1.1m$30k$1.1m97.4%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Bynordic (5 min.)




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




  Industry Rankings (Shell Companies)  


Richest
#99 / 220

Most Revenue
#195 / 220

Most Profit
#69 / 220

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

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

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

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

Speculation

The Price per Share of Bynordic is $11.10. 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 Bynordic.
  • 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 Bynordic, 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 $1.68. Based on the TTM, the Book Value Change Per Share is $-1.37 per quarter. Based on the YOY, the Book Value Change Per Share is $1.79 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 Bynordic.

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 Eps0.040.4%0.050.5%0.000.0%0.020.1%0.020.1%
Usd Book Value Change Per Share-5.63-50.7%-1.37-12.3%1.7916.1%0.141.3%0.141.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-5.63-50.7%-1.37-12.3%1.7916.1%0.141.3%0.141.3%
Usd Price Per Share10.83-10.50-4.99-5.16-5.16-
Price to Earnings Ratio64.66-51.41--34.96-5.49-5.49-
Price-to-Total Gains Ratio-1.92--287.07-370.09--68.02--68.02-
Price to Book Ratio6.45-2.69-0.70-1.13-1.13-
Price-to-Total Gains Ratio-1.92--287.07-370.09--68.02--68.02-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.1
Number of shares90
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-1.370.14
Usd Total Gains Per Share-1.370.14
Gains per Quarter (90 shares)-123.2412.60
Gains per Year (90 shares)-492.9450.38
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-493-50305040
20-986-996010190
30-1479-14890151140
40-1972-19820202190
50-2465-24750252240
60-2958-29680302290
70-3451-34610353340
80-3944-39540403390
90-4436-44470453440
100-4929-49400504490

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%5.06.01.041.7%5.06.01.041.7%5.06.01.041.7%5.06.01.041.7%
Book Value Change Per Share2.02.00.050.0%7.03.02.058.3%7.03.02.058.3%7.03.02.058.3%7.03.02.058.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.012.00.0%0.00.012.00.0%0.00.012.00.0%
Total Gains per Share2.02.00.050.0%7.03.02.058.3%7.03.02.058.3%7.03.02.058.3%7.03.02.058.3%

Fundamentals of Bynordic

About Bynordic Acquisition Corp

byNordic Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology sector in Northern Europe. byNordic Acquisition Corporation was incorporated in 2019 and is based in Malmö, Sweden.

Fundamental data was last updated by Penke on 2024-03-19 02:47:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Bynordic Acquisition Corp.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Bynordic to the Shell Companies industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bynordic Acquisition Corp:

  • 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%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ--86.2%+86.2%
TTM--13.2%+13.2%
YOY--68.1%+68.1%
5Y--26.8%+26.8%
10Y--29.1%+29.1%
1.1.2. Return on Assets

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

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

Let's take a look of the Return on Assets trends of Bynordic Acquisition Corp:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.0%+0.8%
TTM1.0%YOY-0.8%+1.8%
TTM1.0%5Y-0.8%+1.7%
5Y-0.8%10Y-0.8%0.0%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%0.1%+1.7%
TTM1.0%0.3%+0.7%
YOY-0.8%0.2%-1.0%
5Y-0.8%-0.5%-0.3%
10Y-0.8%-0.5%-0.3%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Bynordic to the Shell Companies industry mean.
  • 2.5% Return on Equity means Bynordic generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bynordic Acquisition Corp:

  • The MRQ is 2.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM1.2%+1.3%
TTM1.2%YOY0.0%+1.2%
TTM1.2%5Y-19.1%+20.3%
5Y-19.1%10Y-19.1%0.0%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%0.7%+1.8%
TTM1.2%0.6%+0.6%
YOY0.0%0.5%-0.5%
5Y-19.1%-0.8%-18.3%
10Y-19.1%-0.7%-18.4%

1.2. Operating Efficiency of Bynordic Acquisition Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bynordic is operating .

  • Measures how much profit Bynordic 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 Bynordic to the Shell Companies 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 Bynordic Acquisition Corp:

  • 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%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ--103.5%+103.5%
TTM--23.0%+23.0%
YOY--200.3%+200.3%
5Y--33.1%+33.1%
10Y--44.8%+44.8%
1.2.2. Operating Ratio

Measures how efficient Bynordic is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Shell Companies 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 Bynordic Acquisition Corp:

  • 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
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.873-1.873
TTM-1.116-1.116
YOY-2.140-2.140
5Y-0.666-0.666
10Y-0.926-0.926

1.3. Liquidity of Bynordic Acquisition Corp.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Shell Companies industry mean).
  • A Current Ratio of 0.19 means the company has $0.19 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Bynordic Acquisition Corp:

  • The MRQ is 0.186. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.706. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.186TTM0.706-0.521
TTM0.706YOY1.653-0.946
TTM0.7065Y0.787-0.081
5Y0.78710Y0.7870.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1860.062+0.124
TTM0.7060.255+0.451
YOY1.6532.373-0.720
5Y0.7871.963-1.176
10Y0.7871.832-1.045
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Bynordic to the Shell Companies industry mean.
  • A Quick Ratio of 0.18 means the company can pay off $0.18 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bynordic Acquisition Corp:

  • The MRQ is 0.179. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.362. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.179TTM0.362-0.183
TTM0.362YOY1.218-0.857
TTM0.3625Y0.527-0.166
5Y0.52710Y0.5270.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1790.1790.000
TTM0.3620.715-0.353
YOY1.2182.991-1.773
5Y0.5273.956-3.429
10Y0.5274.007-3.480

1.4. Solvency of Bynordic Acquisition Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Bynordic to Shell Companies industry mean.
  • A Debt to Asset Ratio of 0.28 means that Bynordic assets are financed with 28.4% credit (debt) and the remaining percentage (100% - 28.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Bynordic Acquisition Corp:

  • The MRQ is 0.284. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.104. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.284TTM0.104+0.180
TTM0.104YOY0.551-0.447
TTM0.1045Y0.544-0.440
5Y0.54410Y0.5440.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2840.283+0.001
TTM0.1040.199-0.095
YOY0.5510.065+0.486
5Y0.5440.310+0.234
10Y0.5440.314+0.230
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Bynordic to the Shell Companies industry mean.
  • A Debt to Equity ratio of 39.6% means that company has $0.40 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bynordic Acquisition Corp:

  • The MRQ is 0.396. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.133. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.396TTM0.133+0.263
TTM0.133YOY0.019+0.114
TTM0.1335Y5.196-5.063
5Y5.19610Y5.1960.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3960.242+0.154
TTM0.1330.201-0.068
YOY0.0190.054-0.035
5Y5.1960.965+4.231
10Y5.1960.976+4.220

2. Market Valuation of Bynordic Acquisition Corp

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 Bynordic generates.

  • Above 15 is considered overpriced but always compare Bynordic to the Shell Companies industry mean.
  • A PE ratio of 64.66 means the investor is paying $64.66 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bynordic Acquisition Corp:

  • The EOD is 66.276. Based on the earnings, the company is expensive. -2
  • The MRQ is 64.664. Based on the earnings, the company is expensive. -2
  • The TTM is 51.410. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD66.276MRQ64.664+1.612
MRQ64.664TTM51.410+13.253
TTM51.410YOY-34.955+86.366
TTM51.4105Y5.485+45.925
5Y5.48510Y5.4850.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
EOD66.276-0.027+66.303
MRQ64.664-0.870+65.534
TTM51.4105.382+46.028
YOY-34.955-3.983-30.972
5Y5.485-4.479+9.964
10Y5.485-4.416+9.901
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Bynordic Acquisition Corp:

  • The EOD is -59.683. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -58.231. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -378.089. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-59.683MRQ-58.231-1.452
MRQ-58.231TTM-378.089+319.858
TTM-378.089YOY-428.393+50.304
TTM-378.0895Y-268.827-109.262
5Y-268.82710Y-268.8270.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
EOD-59.683-75.422+15.739
MRQ-58.231-77.828+19.597
TTM-378.089-150.309-227.780
YOY-428.393-292.021-136.372
5Y-268.827-212.676-56.151
10Y-268.827-211.728-57.099
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Shell Companies industry mean).
  • A PB ratio of 6.45 means the investor is paying $6.45 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Bynordic Acquisition Corp:

  • The EOD is 6.610. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.449. Based on the equity, the company is overpriced. -1
  • The TTM is 2.688. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD6.610MRQ6.449+0.161
MRQ6.449TTM2.688+3.761
TTM2.688YOY0.698+1.990
TTM2.6885Y1.128+1.559
5Y1.12810Y1.1280.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
EOD6.6102.286+4.324
MRQ6.4492.292+4.157
TTM2.6882.067+0.621
YOY0.6981.242-0.544
5Y1.1281.458-0.330
10Y1.1281.497-0.369
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Bynordic Acquisition Corp.

3.1. Institutions holding Bynordic Acquisition Corp

Institutions are holding 78.45% of the shares of Bynordic Acquisition Corp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30RiverNorth Capital Management, LLC7.22540.417742500-742500-50
2023-12-31Saba Capital Management, LP3.31380.075734053100
2023-12-31Mizuho Securities USA Inc3.0750.080331600000
2023-12-31Periscope Capital Inc.2.91930.559230000000
2023-12-31Walleye Trading Advisors, LLC2.68580.006427600000
2023-12-31KIM, LLC2.18450.253522448800
2023-12-31Cnh Partners, LLC1.99830.092220534700
2023-12-31Westchester Capital Management LLC1.79050.071618400000
2023-12-31Verition Fund Managegment, LLC1.75160.015718000000
2023-12-31Wolverine Asset Management LLC1.5550.0151597962310916.9065
2023-09-30Walleye Trading LLC1.20670.00351240001240000
2023-12-31Spartan Fund Management Inc.0.96671.335399342-50010-33.4847
2023-12-31Atalaya Capital Management LP0.88970.000891429914290
2023-12-31Deltec Asset Management LLC0.72980.18487500000
2023-12-31Yakira Capital Management, Inc.0.57670.21345926800
2023-12-31Berkley W R Corp0.42330.0349435041043931.5711
2023-12-31COWEN AND COMPANY, LLC0.17180.012717658-6-0.034
2023-12-31First Trust Capital Management L.P.0.15680.01351611400
2023-12-31CLEAR STREET LLC0.01070.00031100-52078-97.9315
2023-09-30Karpus Management Inc000-16000-100
Total 33.63143.38583456077-611617-17.7%

3.2. Funds holding Bynordic Acquisition Corp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30The Merger Fund A1.38520.05111423521423520
2023-12-31AQR Diversified Arbitrage I0.67350.04246920700
2023-09-30Virtus Westchester Event-Driven Fd I0.20060.049820617206170
2023-12-31First Trust Multi-Strategy Cl I0.09640.0505991000
2023-12-31JNL Multi-Manager Alternative A0.07250.0083744900
2023-09-30AQR Sustainable Corp Abtg IAU1F USD Acc0.04510.02194631-4631-50
2023-12-31JNL/Westchester Capital Event Driven A0.04410.065453500
2024-02-29Accelerate Arbitrage ETF0.03790.162238921002.6371
2023-09-30Virtus Westchester Credit Event Fd I0.02880.0435296429640
2024-01-31Principal Global Multi-Strategy Instl0.02860.008294400
2023-09-30The Merger Fund VL I0.0170.0525175017500
2024-01-31Fidelity Nasdaq Composite Index0.01510.0001154700
2023-11-30KSM Active SPAC & NextGen IPO Curr-Hdgd0.00185.803718000
Total 2.64666.359271978+163152+60.0%

3.3. Insider Transactions

Insiders are holding 20.768% of the shares of Bynordic Acquisition Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-08-21Mizuho Securities Usa LlcSELL18400010.67

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Bynordic Acquisition Corp 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---5.633-1.369-76%1.790-415%0.140-4125%0.140-4125%
Book Value Per Share--1.6795.851-71%3.574-53%3.142-47%3.142-47%
Current Ratio--0.1860.706-74%1.653-89%0.787-76%0.787-76%
Debt To Asset Ratio--0.2840.104+174%0.551-48%0.544-48%0.544-48%
Debt To Equity Ratio--0.3960.133+197%0.019+1933%5.196-92%5.196-92%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0420.052-19%-0.002+104%0.016+154%0.016+154%
Free Cash Flow Per Share---0.046-0.029-38%-0.003-94%-0.010-78%-0.010-78%
Free Cash Flow To Equity Per Share---8.513-2.119-75%-0.002-100%-0.772-91%-0.772-91%
Gross Profit Margin--1.0001.0000%1.0000%0.917+9%0.917+9%
Market Cap50241597.000-269%185281112.880232815271.100-20%119460600.000+55%117425290.367+58%117425290.367+58%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio6.610+2%6.4492.688+140%0.698+824%1.128+471%1.128+471%
Pe Ratio66.276+2%64.66451.410+26%-34.955+154%5.485+1079%5.485+1079%
Price Per Share11.100+2%10.83010.495+3%4.990+117%5.162+110%5.162+110%
Price To Free Cash Flow Ratio-59.683-2%-58.231-378.089+549%-428.393+636%-268.827+362%-268.827+362%
Price To Total Gains Ratio-1.971-2%-1.923-287.069+14831%370.089-101%-68.017+3438%-68.017+3438%
Quick Ratio--0.1790.362-51%1.218-85%0.527-66%0.527-66%
Return On Assets--0.0180.010+80%-0.008+146%-0.008+142%-0.008+142%
Return On Equity--0.0250.012+109%0.000+11886%-0.191+868%-0.191+868%
Total Gains Per Share---5.633-1.369-76%1.790-415%0.140-4125%0.140-4125%
Usd Book Value--28730404.000137253783.500-79%85559911.750-66%74274455.500-61%74274455.500-61%
Usd Book Value Change Per Share---5.633-1.369-76%1.790-415%0.140-4125%0.140-4125%
Usd Book Value Per Share--1.6795.851-71%3.574-53%3.142-47%3.142-47%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0420.052-19%-0.002+104%0.016+154%0.016+154%
Usd Free Cash Flow---795455.000-610188.250-23%-60435.250-92%-209960.083-74%-209960.083-74%
Usd Free Cash Flow Per Share---0.046-0.029-38%-0.003-94%-0.010-78%-0.010-78%
Usd Free Cash Flow To Equity Per Share---8.513-2.119-75%-0.002-100%-0.772-91%-0.772-91%
Usd Market Cap50241597.000-269%185281112.880232815271.100-20%119460600.000+55%117425290.367+58%117425290.367+58%
Usd Price Per Share11.100+2%10.83010.495+3%4.990+117%5.162+110%5.162+110%
Usd Profit--716325.0001172054.000-39%30042.000+2284%396109.250+81%396109.250+81%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share---5.633-1.369-76%1.790-415%0.140-4125%0.140-4125%
 EOD+2 -6MRQTTM+4 -25YOY+9 -205Y+12 -1810Y+12 -18

4.2. Fundamental Score

Let's check the fundamental score of Bynordic Acquisition Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1566.276
Price to Book Ratio (EOD)Between0-16.610
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.179
Current Ratio (MRQ)Greater than10.186
Debt to Asset Ratio (MRQ)Less than10.284
Debt to Equity Ratio (MRQ)Less than10.396
Return on Equity (MRQ)Greater than0.150.025
Return on Assets (MRQ)Greater than0.050.018
Total2/10 (20.0%)

4.3. Technical Score

Let's check the technical score of Bynordic Acquisition Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.253
Ma 20Greater thanMa 5011.070
Ma 50Greater thanMa 10011.048
Ma 100Greater thanMa 20010.972
OpenGreater thanClose11.090
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets40,104
Total Liabilities11,373
Total Stockholder Equity28,730
 As reported
Total Liabilities 11,373
Total Stockholder Equity+ 28,730
Total Assets = 40,104

Assets

Total Assets40,104
Total Current Assets959
Long-term Assets39,145
Total Current Assets
Cash And Cash Equivalents 923
Other Current Assets 35
Total Current Assets  (as reported)959
Total Current Assets  (calculated)959
+/-0
Long-term Assets
Long-term Assets Other 39,145
Long-term Assets  (as reported)39,145
Long-term Assets  (calculated)39,145
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities5,161
Long-term Liabilities6,213
Total Stockholder Equity28,730
Total Current Liabilities
Short-term Debt 3,235
Short Long Term Debt 3,235
Other Current Liabilities 1,926
Total Current Liabilities  (as reported)5,161
Total Current Liabilities  (calculated)8,396
+/- 3,235
Long-term Liabilities
Long-term Liabilities  (as reported)6,213
Long-term Liabilities  (calculated)0
+/- 6,213
Total Stockholder Equity
Common Stock39,049
Retained Earnings -10,319
Total Stockholder Equity (as reported)28,730
Total Stockholder Equity (calculated)28,730
+/-0
Other
Capital Stock39,049
Cash and Short Term Investments 923
Common Stock Shares Outstanding 17,108
Liabilities and Stockholders Equity 40,104
Net Debt 2,312
Net Invested Capital 31,965
Net Working Capital -4,202
Short Long Term Debt Total 3,235



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-31
> Total Assets 
0
241
0
381
569
0
628
676
676
177,559
178,101
179,843
179,843
184,327
40,104
40,104184,327179,843179,843178,101177,559676676628056938102410
   > Total Current Assets 
0
0
0
0
5
0
0
1
1
1,453
1,357
1,156
1,156
1,109
959
9591,1091,1561,1561,3571,453110050000
       Cash And Cash Equivalents 
0
0
0
0
5
0
0
1
1
1,055
1,027
936
936
1,056
923
9231,0569369361,0271,055110050000
       Other Current Assets 
0
0
0
0
0
0
0
0
329
398
330
220
220
52
35
355222022033039832900000000
   > Long-term Assets 
0
241
0
381
563
0
628
675
675
176,106
176,744
178,687
178,687
183,219
39,145
39,145183,219178,687178,687176,744176,106675675628056338102410
       Other Assets 
0
0
0
381
563
0
0
675
675
176,106
176,744
178,687
180,452
0
0
00180,452178,687176,744176,10667567500563381000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
675
0
0
0
0
0
0
00000067500000000
> Total Liabilities 
0
217
0
357
545
0
660
719
719
6,559
6,775
7,228
7,228
9,273
11,373
11,3739,2737,2287,2286,7756,559719719660054535702170
   > Total Current Liabilities 
0
217
0
357
545
0
660
719
719
346
563
1,015
1,015
3,060
5,161
5,1613,0601,0151,015563346719719660054535702170
       Short-term Debt 
0
148
0
299
324
0
329
443
443
61
31
0
48
2,500
3,235
3,2352,5004803161443443329032429901480
       Short Long Term Debt 
0
0
0
0
324
0
329
443
31
61
31
48
78
2,500
3,235
3,2352,500784831613144332903240000
       Accounts payable 
0
0
0
0
0
0
0
0
276
346
219
0
215
138
0
0138215021934627600000000
       Other Current Liabilities 
0
69
0
58
221
0
331
271
276
285
532
800
968
560
1,926
1,9265609688005322852762713310221580690
   > Long-term Liabilities 
0
148
0
299
324
0
329
0
443
6,213
6,213
6,213
6,213
6,213
6,213
6,2136,2136,2136,2136,2136,2134430329032429901480
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
675
0
0
0
0
0
0
00000067500000000
       Warrants
0
0
0
0
0
0
0
0
175,950
175,950
176,457
0
177,952
182,901
0
0182,901177,9520176,457175,950175,95000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
182,163
182,163
182,670
184,165
0
0
0
000184,165182,670182,163182,16300000000
       Deferred Long Term Liability 
0
0
0
381
563
0
0
675
0
0
0
0
0
0
0
000000067500563381000
> Total Stockholder Equity
0
23
0
23
23
0
-32
-43
-43
171,000
171,326
172,615
172,615
175,055
28,730
28,730175,055172,615172,615171,326171,000-43-43-32023230230
   Common Stock
0
0
0
1
0
0
1
1
1
175,951
176,458
1
177,953
182,902
39,049
39,049182,902177,9531176,458175,951111001000
   Retained Earnings Total Equity0-7,848-5,3380-5,133-4,951-6800000000
   Accumulated Other Comprehensive Income 000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
24
0
0
0
0
0
0
0000002400000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
25
0
24
25
0
24
24
24
-175,949
1
0
0
0
0
00001-175,949242424025240250



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue0
Cost of Revenue--
Gross Profit-0
 
Operating Income (+$)
Gross Profit-
Operating Expense-1,631
Operating Income-1,631-1,631
 
Operating Expense (+$)
Research Development-
Selling General Administrative404
Selling And Marketing Expenses-
Operating Expense1,631404
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-1,631
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)5,996-1,631
EBIT - interestExpense = 0
4,445
4,445
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-5,996
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax5,996
Tax Provision-1,550
Net Income From Continuing Ops4,4454,445
Net Income4,445
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 Bynordic
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 Bynordic. The general trend of Bynordic is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bynordic's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Bynordic Acquisition Corp.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 11.63 < 12.12.

The bearish price targets are: 11.06 > 11.06 > 11.04.

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Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current mas is .

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

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

Directionalities and relatives.

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

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

Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current macd is 0.01660463.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bynordic price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Bynordic. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Bynordic price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Bynordic Acquisition Corp Daily Moving Average Convergence/Divergence (MACD) ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current adx is 78.99.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Bynordic shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current sar is 11.40.

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
Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current rsi is 68.25. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Bynordic Acquisition Corp Daily Relative Strength Index (RSI) ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Bynordic price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Bynordic Acquisition Corp Daily Stochastic Oscillator ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current cci is 114.11.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Bynordic Acquisition Corp Daily Commodity Channel Index (CCI) ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current cmo is 37.64.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Bynordic Acquisition Corp Daily Chande Momentum Oscillator (CMO) ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current willr is -14.28571429.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Bynordic Acquisition Corp Daily Williams %R ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp.

Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current atr is 0.02516068.

Bynordic Acquisition Corp Daily Average True Range (ATR) ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current obv is 3,795,794.

Bynordic Acquisition Corp Daily On-Balance Volume (OBV) ChartBynordic Acquisition Corp 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 Bynordic Acquisition Corp. The current mfi is 95.62.

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

  • MFI > 50: +1
  • MFI > 80: +1
Bynordic Acquisition Corp Daily Money Flow Index (MFI) ChartBynordic Acquisition Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bynordic Acquisition Corp.

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
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-11CCI 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).
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21STOCH 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).
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-12DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Bynordic Acquisition Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Bynordic Acquisition Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.253
Ma 20Greater thanMa 5011.070
Ma 50Greater thanMa 10011.048
Ma 100Greater thanMa 20010.972
OpenGreater thanClose11.090
Total4/5 (80.0%)
Penke

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