25 XP   0   0   10

Cantargia AB
Buy, Hold or Sell?

Let's analyse Cantargia together

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

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

Get notifications about Cantargia AB

I send you an email if I find something interesting about Cantargia AB.

Quick analysis of Cantargia (30 sec.)










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

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
kr0.92
Expected worth in 1 year
kr-0.28
How sure are you?
21.1%

+ What do you gain per year?

Total Gains per Share
kr-1.20
Return On Investment
-34.5%

For what price can you sell your share?

Current Price per Share
kr3.49
Expected price per share
kr2.564 - kr3.548
How sure are you?
50%

1. Valuation of Cantargia (5 min.)




Live pricePrice per Share (EOD)

kr3.49

Intrinsic Value Per Share

kr-16.62 - kr-19.23

Total Value Per Share

kr-15.70 - kr-18.31

2. Growth of Cantargia (5 min.)




Is Cantargia growing?

Current yearPrevious yearGrowGrow %
How rich?$15.8m$37.8m-$16m-73.8%

How much money is Cantargia making?

Current yearPrevious yearGrowGrow %
Making money-$6.5m-$8.4m$1.8m28.7%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Cantargia (5 min.)




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




  Industry Rankings (Biotechnology)  


Richest
#627 / 1031

Most Revenue
#891 / 1031

Most Profit
#507 / 1031

Most Efficient
#396 / 1031

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

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

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

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

Speculation

The Price per Share of Cantargia is kr3.49. 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 Cantargia.
  • 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 Cantargia, 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 kr0.92. Based on the TTM, the Book Value Change Per Share is kr-0.30 per quarter. Based on the YOY, the Book Value Change Per Share is kr-0.19 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 kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cantargia.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps-0.04-1.0%-0.04-1.0%-0.05-1.4%-0.03-1.0%-0.03-1.0%
Usd Book Value Change Per Share-0.01-0.2%-0.03-0.8%-0.02-0.5%0.000.1%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-0.2%-0.03-0.8%-0.02-0.5%0.000.1%0.000.1%
Usd Price Per Share0.35-0.44-0.75-1.70-1.70-
Price to Earnings Ratio-2.41--3.10--3.66--16.34--16.34-
Price-to-Total Gains Ratio-44.46--21.26--11.05--43.11--43.11-
Price to Book Ratio4.07-3.79-3.72-8.46-8.46-
Price-to-Total Gains Ratio-44.46--21.26--11.05--43.11--43.11-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.32806
Number of shares3048
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.030.00
Usd Total Gains Per Share-0.030.00
Gains per Quarter (3048 shares)-86.1613.85
Gains per Year (3048 shares)-344.6255.41
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-345-35505545
20-689-7000111100
30-1034-10450166155
40-1378-13900222210
50-1723-17350277265
60-2068-20800332320
70-2412-24250388375
80-2757-27700443430
90-3102-31150499485
100-3446-34600554540

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.019.00.00.0%0.019.00.00.0%0.019.00.00.0%
Book Value Change Per Share0.04.00.00.0%1.011.00.08.3%4.015.00.021.1%4.015.00.021.1%4.015.00.021.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.019.00.0%0.00.019.00.0%0.00.019.00.0%
Total Gains per Share0.04.00.00.0%1.011.00.08.3%4.015.00.021.1%4.015.00.021.1%4.015.00.021.1%

Fundamentals of Cantargia

About Cantargia AB

Cantargia AB (publ), a biotechnology company, engages in the research and development of antibody-based treatments for life threatening diseases. The company is developing CAN04 (Nadunolimab), an interleukin-1 receptor accessory protein (IL1RAP) binding antibody, which is in Phase II clinical trial for the treatment of pancreatic cancer and non-small cell lung cancer, as well as Phase Ib/II for the treatment of triple-negative breast cancer; and CAN10, an antibody against IL1RAP, which is in preclinical phase for the treatment of treatment of autoimmune and inflammatory diseases, including systemic sclerosis and myocarditis. It is also developing CANxx, an IL1RAP-based antibody platform. The company has collaboration agreements with Patheon Biologics B.V. and BioWa Inc. for the manufacture and production of CAN04; Allucent for the clinical study of CAN04; and Pancreatic Cancer Action Network, as well as GEICAM, Spanish breast cancer group. Cantargia AB (publ) was incorporated in 2009 and is based in Lund, Sweden.

Fundamental data was last updated by Penke on 2024-03-29 14:21:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very 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 fair priced.
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 Cantargia AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cantargia earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Cantargia to the Biotechnology industry mean.
  • A Net Profit Margin of 0.0% means that kr0.00 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cantargia AB:

  • 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 (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--159.2%+159.2%
TTM--202.3%+202.3%
YOY--263.0%+263.0%
5Y--452.4%+452.4%
10Y--589.0%+589.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Cantargia to the Biotechnology industry mean.
  • -31.9% Return on Assets means that Cantargia generated kr-0.32 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cantargia AB:

  • The MRQ is -31.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -24.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-31.9%TTM-24.6%-7.2%
TTM-24.6%YOY-19.0%-5.6%
TTM-24.6%5Y-15.9%-8.8%
5Y-15.9%10Y-15.9%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-31.9%-12.5%-19.4%
TTM-24.6%-12.2%-12.4%
YOY-19.0%-11.2%-7.8%
5Y-15.9%-13.3%-2.6%
10Y-15.9%-14.6%-1.3%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Cantargia to the Biotechnology industry mean.
  • -42.2% Return on Equity means Cantargia generated kr-0.42 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cantargia AB:

  • The MRQ is -42.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -32.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-42.2%TTM-32.3%-10.0%
TTM-32.3%YOY-22.9%-9.4%
TTM-32.3%5Y-19.0%-13.2%
5Y-19.0%10Y-19.0%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-42.2%-16.0%-26.2%
TTM-32.3%-15.8%-16.5%
YOY-22.9%-13.9%-9.0%
5Y-19.0%-18.2%-0.8%
10Y-19.0%-19.1%+0.1%

1.2. Operating Efficiency of Cantargia AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cantargia is operating .

  • Measures how much profit Cantargia makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cantargia to the Biotechnology industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cantargia AB:

  • 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 (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--299.5%+299.5%
TTM--208.5%+208.5%
YOY--280.2%+280.2%
5Y--459.9%+459.9%
10Y--596.9%+596.9%
1.2.2. Operating Ratio

Measures how efficient Cantargia is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Biotechnology industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are kr0.00 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Cantargia AB:

  • 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 (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.817-2.817
TTM-3.181-3.181
YOY-3.609-3.609
5Y-5.554-5.554
10Y-7.396-7.396

1.3. Liquidity of Cantargia AB.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Biotechnology industry mean).
  • A Current Ratio of 3.91 means the company has kr3.91 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Cantargia AB:

  • The MRQ is 3.905. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.097. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.905TTM4.097-0.192
TTM4.097YOY6.233-2.135
TTM4.0975Y10.137-6.040
5Y10.13710Y10.1370.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ3.9053.987-0.082
TTM4.0974.440-0.343
YOY6.2335.569+0.664
5Y10.1376.158+3.979
10Y10.1376.492+3.645
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Cantargia to the Biotechnology industry mean.
  • A Quick Ratio of 4.59 means the company can pay off kr4.59 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cantargia AB:

  • The MRQ is 4.593. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 5.199. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.593TTM5.199-0.606
TTM5.199YOY8.862-3.662
TTM5.1995Y13.944-8.745
5Y13.94410Y13.9440.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5933.653+0.940
TTM5.1994.158+1.041
YOY8.8625.515+3.347
5Y13.9446.012+7.932
10Y13.9446.206+7.738

1.4. Solvency of Cantargia AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Cantargia to Biotechnology industry mean.
  • A Debt to Asset Ratio of 0.25 means that Cantargia assets are financed with 24.6% credit (debt) and the remaining percentage (100% - 24.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cantargia AB:

  • The MRQ is 0.246. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.236. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.246TTM0.236+0.010
TTM0.236YOY0.163+0.073
TTM0.2365Y0.135+0.101
5Y0.13510Y0.1350.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2460.336-0.090
TTM0.2360.330-0.094
YOY0.1630.267-0.104
5Y0.1350.367-0.232
10Y0.1350.378-0.243
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Cantargia to the Biotechnology industry mean.
  • A Debt to Equity ratio of 32.6% means that company has kr0.33 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cantargia AB:

  • The MRQ is 0.326. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.309. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.326TTM0.309+0.017
TTM0.309YOY0.196+0.112
TTM0.3095Y0.163+0.145
5Y0.16310Y0.1630.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3260.376-0.050
TTM0.3090.398-0.089
YOY0.1960.334-0.138
5Y0.1630.431-0.268
10Y0.1630.476-0.313

2. Market Valuation of Cantargia AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Cantargia generates.

  • Above 15 is considered overpriced but always compare Cantargia to the Biotechnology industry mean.
  • A PE ratio of -2.41 means the investor is paying kr-2.41 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cantargia AB:

  • The EOD is -2.249. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.409. Based on the earnings, the company is expensive. -2
  • The TTM is -3.097. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.249MRQ-2.409+0.160
MRQ-2.409TTM-3.097+0.688
TTM-3.097YOY-3.661+0.564
TTM-3.0975Y-16.337+13.240
5Y-16.33710Y-16.3370.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-2.249-2.697+0.448
MRQ-2.409-2.422+0.013
TTM-3.097-2.709-0.388
YOY-3.661-4.116+0.455
5Y-16.337-6.257-10.080
10Y-16.337-6.478-9.859
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cantargia AB:

  • The EOD is -2.837. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.038. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.043. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.837MRQ-3.038+0.202
MRQ-3.038TTM-3.043+0.005
TTM-3.043YOY-3.634+0.591
TTM-3.0435Y-15.673+12.630
5Y-15.67310Y-15.6730.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-2.837-3.344+0.507
MRQ-3.038-2.939-0.099
TTM-3.043-3.486+0.443
YOY-3.634-5.592+1.958
5Y-15.673-8.464-7.209
10Y-15.673-8.872-6.801
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Biotechnology industry mean).
  • A PB ratio of 4.07 means the investor is paying kr4.07 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Cantargia AB:

  • The EOD is 3.799. Based on the equity, the company is fair priced.
  • The MRQ is 4.069. Based on the equity, the company is fair priced.
  • The TTM is 3.788. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.799MRQ4.069-0.270
MRQ4.069TTM3.788+0.281
TTM3.788YOY3.716+0.072
TTM3.7885Y8.460-4.672
5Y8.46010Y8.4600.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD3.7992.198+1.601
MRQ4.0692.042+2.027
TTM3.7882.121+1.667
YOY3.7162.907+0.809
5Y8.4603.682+4.778
10Y8.4604.114+4.346
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cantargia AB compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.084-0.301+258%-0.195+132%0.048-274%0.048-274%
Book Value Per Share--0.9191.263-27%2.194-58%2.304-60%2.304-60%
Current Ratio--3.9054.097-5%6.233-37%10.137-61%10.137-61%
Debt To Asset Ratio--0.2460.236+4%0.163+51%0.135+82%0.135+82%
Debt To Equity Ratio--0.3260.309+6%0.196+66%0.163+100%0.163+100%
Dividend Per Share----0%-0%-0%-0%
Eps---0.388-0.381-2%-0.506+30%-0.366-6%-0.366-6%
Free Cash Flow Per Share---0.308-0.390+27%-0.498+62%-0.385+25%-0.385+25%
Free Cash Flow To Equity Per Share---0.010-0.316+3088%0.111-109%0.115-109%0.115-109%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---19.231--------
Intrinsic Value_10Y_min---16.622--------
Intrinsic Value_1Y_max---1.833--------
Intrinsic Value_1Y_min---1.800--------
Intrinsic Value_3Y_max---5.578--------
Intrinsic Value_3Y_min---5.324--------
Intrinsic Value_5Y_max---9.411--------
Intrinsic Value_5Y_min---8.729--------
Market Cap641067657.920-7%686622035.904865762790.456-21%1467199976.400-53%3330854522.488-79%3330854522.488-79%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio3.799-7%4.0693.788+7%3.716+10%8.460-52%8.460-52%
Pe Ratio-2.249+7%-2.409-3.097+29%-3.661+52%-16.337+578%-16.337+578%
Price Per Share3.490-7%3.7384.713-21%7.988-53%18.133-79%18.133-79%
Price To Free Cash Flow Ratio-2.837+7%-3.038-3.043+0%-3.634+20%-15.673+416%-15.673+416%
Price To Total Gains Ratio-41.515+7%-44.465-21.261-52%-11.055-75%-43.110-3%-43.110-3%
Quick Ratio--4.5935.199-12%8.862-48%13.944-67%13.944-67%
Return On Assets---0.319-0.246-23%-0.190-40%-0.159-50%-0.159-50%
Return On Equity---0.422-0.323-24%-0.229-46%-0.190-55%-0.190-55%
Total Gains Per Share---0.084-0.301+258%-0.195+132%0.048-274%0.048-274%
Usd Book Value--15861748.00021800926.500-27%37889637.500-58%39780621.895-60%39780621.895-60%
Usd Book Value Change Per Share---0.008-0.028+258%-0.018+132%0.005-274%0.005-274%
Usd Book Value Per Share--0.0860.119-27%0.206-58%0.217-60%0.217-60%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.036-0.036-2%-0.048+30%-0.034-6%-0.034-6%
Usd Free Cash Flow---5311000.000-6736557.000+27%-8601070.500+62%-6641584.842+25%-6641584.842+25%
Usd Free Cash Flow Per Share---0.029-0.037+27%-0.047+62%-0.036+25%-0.036+25%
Usd Free Cash Flow To Equity Per Share---0.001-0.030+3088%0.010-109%0.011-109%0.011-109%
Usd Market Cap60260359.844-7%64542471.37581381702.303-21%137916797.782-53%313100325.114-79%313100325.114-79%
Usd Price Per Share0.328-7%0.3510.443-21%0.751-53%1.705-79%1.705-79%
Usd Profit---6698158.000-6542118.000-2%-8420825.500+26%-6251499.684-7%-6251499.684-7%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share---0.008-0.028+258%-0.018+132%0.005-274%0.005-274%
 EOD+3 -5MRQTTM+10 -19YOY+11 -185Y+5 -2410Y+5 -24

3.2. Fundamental Score

Let's check the fundamental score of Cantargia AB based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.249
Price to Book Ratio (EOD)Between0-13.799
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than14.593
Current Ratio (MRQ)Greater than13.905
Debt to Asset Ratio (MRQ)Less than10.246
Debt to Equity Ratio (MRQ)Less than10.326
Return on Equity (MRQ)Greater than0.15-0.422
Return on Assets (MRQ)Greater than0.05-0.319
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Cantargia AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.884
Ma 20Greater thanMa 502.841
Ma 50Greater thanMa 1003.143
Ma 100Greater thanMa 2003.433
OpenGreater thanClose3.160
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets223,712
Total Liabilities54,970
Total Stockholder Equity168,742
 As reported
Total Liabilities 54,970
Total Stockholder Equity+ 168,742
Total Assets = 223,712

Assets

Total Assets223,712
Total Current Assets214,210
Long-term Assets9,502
Total Current Assets
Cash And Cash Equivalents 139,747
Short-term Investments 55,000
Net Receivables 2,194
Other Current Assets 17,269
Total Current Assets  (as reported)214,210
Total Current Assets  (calculated)214,210
+/-0
Long-term Assets
Property Plant Equipment 4,845
Long-term Assets Other 4,657
Long-term Assets  (as reported)9,502
Long-term Assets  (calculated)9,502
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities54,851
Long-term Liabilities119
Total Stockholder Equity168,742
Total Current Liabilities
Accounts payable 23,173
Other Current Liabilities 31,678
Total Current Liabilities  (as reported)54,851
Total Current Liabilities  (calculated)54,851
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)119
Long-term Liabilities  (calculated)0
+/- 119
Total Stockholder Equity
Common Stock14,695
Retained Earnings -1,522,483
Other Stockholders Equity 1,676,530
Total Stockholder Equity (as reported)168,742
Total Stockholder Equity (calculated)168,742
+/-0
Other
Cash and Short Term Investments 194,747
Common Stock Shares Outstanding 178,120
Liabilities and Stockholders Equity 223,712
Net Debt -139,747
Net Working Capital 159,359



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-30
> Total Assets 
224,494
213,821
166,057
514,175
484,502
444,800
925,514
876,214
806,973
697,948
600,244
509,489
394,673
543,721
474,798
408,568
341,481
238,912
223,712
223,712238,912341,481408,568474,798543,721394,673509,489600,244697,948806,973876,214925,514444,800484,502514,175166,057213,821224,494
   > Total Current Assets 
221,536
213,821
159,189
499,771
470,887
431,381
912,892
864,379
795,995
687,644
590,688
500,790
386,848
536,770
461,845
396,478
330,254
228,547
214,210
214,210228,547330,254396,478461,845536,770386,848500,790590,688687,644795,995864,379912,892431,381470,887499,771159,189213,821221,536
       Cash And Cash Equivalents 
59,174
34,527
39,870
237,181
248,293
282,005
693,354
176,416
94,677
335,882
247,322
205,683
114,113
259,734
189,573
155,440
158,916
120,004
139,747
139,747120,004158,916155,440189,573259,734114,113205,683247,322335,88294,677176,416693,354282,005248,293237,18139,87034,52759,174
       Short-term Investments 
160,019
160,019
110,019
259,563
210,019
135,019
210,019
666,019
666,019
312,019
312,064
237,078
236,134
236,783
237,095
197,370
128,315
80,239
55,000
55,00080,239128,315197,370237,095236,783236,134237,078312,064312,019666,019666,019210,019135,019210,019259,563110,019160,019160,019
       Net Receivables 
0
1,123
1,482
1,420
3,452
2,897
2,673
5,179
3,222
1,887
4,588
9,924
2,726
2,007
2,462
1,200
526
3,062
2,194
2,1943,0625261,2002,4622,0072,7269,9244,5881,8873,2225,1792,6732,8973,4521,4201,4821,1230
       Other Current Assets 
0
-1
0
0
0
-1
0
0
0
-1
31,302
58,029
36,601
40,253
1
42,468
1
25,242
17,269
17,26925,242142,468140,25336,60158,02931,302-1000-1000-10
   > Long-term Assets 
2,957
0
6,868
14,404
13,614
13,419
12,622
11,835
10,978
10,303
9,556
8,699
7,825
6,951
12,953
12,090
11,227
10,365
9,502
9,50210,36511,22712,09012,9536,9517,8258,6999,55610,30310,97811,83512,62213,41913,61414,4046,86802,957
       Property Plant Equipment 
0
0
6,868
6,368
5,803
5,833
5,261
4,700
4,068
3,619
3,098
2,465
1,817
1,168
7,395
6,758
6,120
5,483
4,845
4,8455,4836,1206,7587,3951,1681,8172,4653,0983,6194,0684,7005,2615,8335,8036,3686,86800
       Intangible Assets 
0
0
0
8,036
7,811
7,586
7,360
7,135
6,910
6,684
6,459
6,234
6,008
5,783
5,558
5,333
5,107
4,882
0
04,8825,1075,3335,5585,7836,0086,2346,4596,6846,9107,1357,3607,5867,8118,036000
       Other Assets 
1
0
0
0
1
0
1
0
0
0
0
0
0
0
0
-1
0
0
0
000-1000000001010001
> Total Liabilities 
19,946
35,273
23,784
25,015
32,544
29,490
33,579
54,807
69,194
62,871
67,499
92,340
69,056
63,846
85,114
93,533
81,743
54,728
54,970
54,97054,72881,74393,53385,11463,84669,05692,34067,49962,87169,19454,80733,57929,49032,54425,01523,78435,27319,946
   > Total Current Liabilities 
19,946
35,273
23,784
25,015
32,493
28,548
30,469
53,390
67,939
61,938
66,607
91,482
68,895
63,796
85,090
93,240
81,636
54,592
54,851
54,85154,59281,63693,24085,09063,79668,89591,48266,60761,93867,93953,39030,46928,54832,49325,01523,78435,27319,946
       Accounts payable 
6,292
14,034
12,620
10,128
12,181
7,338
10,678
32,520
39,573
21,032
34,512
27,298
8,154
17,359
37,910
55,707
45,594
24,146
23,173
23,17324,14645,59455,70737,91017,3598,15427,29834,51221,03239,57332,52010,6787,33812,18110,12812,62014,0346,292
       Other Current Liabilities 
1,526
497
576
584
1,682
842
13,180
1,346
2,724
1,672
32,095
64,184
60,741
46,437
47,180
37,533
36,042
30,446
31,678
31,67830,44636,04237,53347,18046,43760,74164,18432,0951,6722,7241,34613,1808421,6825845764971,526
   > Long-term Liabilities 
0
0
0
0
51
942
3,110
1,417
1,255
933
892
858
161
50
24
293
107
136
119
11913610729324501618588929331,2551,4173,110942510000
       Other Liabilities 
0
0
0
0
51
942
3,110
1,417
1,255
932
892
858
161
50
24
0
107
0
0
00107024501618588929321,2551,4173,110942510000
> Total Stockholder Equity
204,548
178,548
142,273
489,160
451,958
415,310
891,935
821,407
737,779
635,077
532,745
417,149
325,617
479,875
389,684
315,035
259,738
184,184
168,742
168,742184,184259,738315,035389,684479,875325,617417,149532,745635,077737,779821,407891,935415,310451,958489,160142,273178,548204,548
   Common Stock
5,824
5,824
5,824
7,280
7,280
7,287
8,015
8,015
8,015
8,015
8,015
8,015
8,015
13,359
13,359
13,359
13,359
13,359
14,695
14,69513,35913,35913,35913,35913,3598,0158,0158,0158,0158,0158,0158,0157,2877,2807,2805,8245,8245,824
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000
   Capital Surplus 
0
0
488,272
873,687
873,143
874,106
1,404,595
1,404,595
1,404,595
1,404,595
1,404,595
1,404,595
1,404,595
1,623,196
1,623,185
1,623,185
1,623,185
1,623,185
0
01,623,1851,623,1851,623,1851,623,1851,623,1961,404,5951,404,5951,404,5951,404,5951,404,5951,404,5951,404,595874,106873,143873,687488,27200
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
0
0
0
0
1
0
0
0
0
0
1,404,596
1,404,595
1,404,595
1,623,196
1,623,185
1,623,185
1,623,184
1,623,185
1,676,530
1,676,5301,623,1851,623,1841,623,1851,623,1851,623,1961,404,5951,404,5951,404,5960000010000



Balance Sheet

Currency in SEK. All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue0
Cost of Revenue-3,451
Gross Profit-3,451-3,451
 
Operating Income (+$)
Gross Profit-3,451
Operating Expense-284,314
Operating Income-287,765-287,765
 
Operating Expense (+$)
Research Development272,882
Selling General Administrative14,411
Selling And Marketing Expenses0
Operating Expense284,314287,293
 
Net Interest Income (+$)
Interest Income983
Interest Expense-6,372
Other Finance Cost-5,256
Net Interest Income-133
 
Pretax Income (+$)
Operating Income-287,765
Net Interest Income-133
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-280,027-295,503
EBIT - interestExpense = -294,137
-280,027
-273,655
Interest Expense6,372
Earnings Before Interest and Taxes (EBIT)-287,765-273,655
Earnings Before Interest and Taxes (EBITDA)-284,314
 
After tax Income (+$)
Income Before Tax-280,027
Tax Provision-0
Net Income From Continuing Ops-299,375-280,027
Net Income-280,027
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses287,765
Total Other Income/Expenses Net7,738133
 

Technical Analysis of Cantargia
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 Cantargia. The general trend of Cantargia is BEARISH with 28.6% 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 Cantargia'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 (-28.6%) Bearish trend (28.6%)
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 Cantargia AB.

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: 3.202 < 3.23 < 3.548.

The bearish price targets are: 3.188 > 2.608 > 2.564.

Tweet this
Cantargia AB 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 Cantargia AB. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending 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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Cantargia AB 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 Cantargia AB. The current macd is 0.0108195.

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 Cantargia price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Cantargia. 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 Cantargia 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
Cantargia AB Daily Moving Average Convergence/Divergence (MACD) ChartCantargia AB 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 Cantargia AB. The current adx is 24.04.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Cantargia shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Cantargia AB 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 Cantargia AB. The current sar is 2.70610299.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Cantargia AB 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 Cantargia AB. The current rsi is 67.88. The current phase is Correction in bear 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).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Cantargia AB Daily Relative Strength Index (RSI) ChartCantargia AB 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 Cantargia AB. The current phase is Overbought in bear 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 Cantargia price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Cantargia AB Daily Stochastic Oscillator ChartCantargia AB 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 Cantargia AB. The current cci is 239.60.

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
Cantargia AB Daily Commodity Channel Index (CCI) ChartCantargia AB 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 Cantargia AB. The current cmo is 53.29.

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
Cantargia AB Daily Chande Momentum Oscillator (CMO) ChartCantargia AB 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 Cantargia AB. The current willr is 0.

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
Cantargia AB Daily Williams %R ChartCantargia AB 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 Cantargia AB.

Cantargia AB 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 Cantargia AB. The current atr is 0.1811136.

Cantargia AB Daily Average True Range (ATR) ChartCantargia AB 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 Cantargia AB. The current obv is 26,566,355.

Cantargia AB Daily On-Balance Volume (OBV) ChartCantargia AB 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 Cantargia AB. The current mfi is 62.73.

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

  • MFI > 50: +1
Cantargia AB Daily Money Flow Index (MFI) ChartCantargia AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cantargia AB.

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
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10DMI 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).
2023-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-27STOCH 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
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01DMI 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
2024-02-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13MACD 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Cantargia AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cantargia AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.884
Ma 20Greater thanMa 502.841
Ma 50Greater thanMa 1003.143
Ma 100Greater thanMa 2003.433
OpenGreater thanClose3.160
Total1/5 (20.0%)
Penke

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

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

Get notifications about Cantargia AB

I send you an email if I find something interesting about Cantargia AB.


Comments

How you think about this?

Leave a comment

Stay informed about Cantargia AB.

Receive notifications about Cantargia AB in your mailbox!