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Cartrade Tech Limited
Buy, Hold or Sell?

Let's analyse Cartrade Tech Limited together

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

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

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Quick analysis of Cartrade Tech Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.05
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
INR418.89
Expected worth in 1 year
INR324.83
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR-89.84
Return On Investment
-14.1%

For what price can you sell your share?

Current Price per Share
INR638.05
Expected price per share
INR614.10 - INR802.00
How sure are you?
50%

1. Valuation of Cartrade Tech Limited (5 min.)




Live pricePrice per Share (EOD)

INR638.05

Intrinsic Value Per Share

INR133.04 - INR157.84

Total Value Per Share

INR551.93 - INR576.73

2. Growth of Cartrade Tech Limited (5 min.)




Is Cartrade Tech Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$254.6m$248.9m$5.7m2.3%

How much money is Cartrade Tech Limited making?

Current yearPrevious yearGrowGrow %
Making money$4m-$15.8m$19.9m488.6%
Net Profit Margin9.3%-42.2%--

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

3. Financial Health of Cartrade Tech Limited (5 min.)




4. Comparing to competitors in the Auto & Truck Dealerships industry (5 min.)




  Industry Rankings (Auto & Truck Dealerships)  


Richest
#39 / 66

Most Revenue
#60 / 66

Most Profit
#35 / 66

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

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

What can you expect buying and holding a share of Cartrade Tech Limited?

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

Speculation

The Price per Share of Cartrade Tech Limited is INR638.05. 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 Cartrade Tech Limited.
  • 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 Cartrade Tech Limited, 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 INR418.89. Based on the TTM, the Book Value Change Per Share is INR-23.52 per quarter. Based on the YOY, the Book Value Change Per Share is INR66.53 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 INR1.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cartrade Tech Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.080.0%0.080.0%-0.34-0.1%0.010.0%0.010.0%
Usd Book Value Change Per Share-0.280.0%-0.280.0%0.800.1%1.010.2%1.010.2%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share-0.270.0%-0.270.0%0.810.1%1.010.2%1.010.2%
Usd Price Per Share4.67-4.67-6.96-2.32-2.32-
Price to Earnings Ratio57.98-57.98--20.57-7.48-7.48-
Price-to-Total Gains Ratio-17.32--17.32-8.57--4.38--4.38-
Price to Book Ratio0.93-0.93-1.31-0.45-0.45-
Price-to-Total Gains Ratio-17.32--17.32-8.57--4.38--4.38-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.6566
Number of shares130
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share-0.281.01
Usd Total Gains Per Share-0.271.01
Gains per Quarter (130 shares)-35.04131.38
Gains per Year (130 shares)-140.15525.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17-147-1503523516
213-293-290510461042
320-440-430815681568
426-587-5701120912094
533-734-7101426142620
640-880-8501631373146
746-1027-9901936593672
853-1174-11302241824198
959-1321-12702547054724
1066-1467-14102752285250

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 Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%4.01.00.080.0%4.01.00.080.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%4.01.00.080.0%4.01.00.080.0%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%2.00.03.040.0%2.00.03.040.0%2.00.03.040.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%4.01.00.080.0%4.01.00.080.0%

Fundamentals of Cartrade Tech Limited

About Cartrade Tech Limited

CarTrade Tech Limited operates a multi-channel online automotive platform to buy and sell new and used vehicles in India and internationally. It offers new car original equipment manufacturers (OEM) solutions that provides OEMs with consumer insights and data-driven solutions for building their digital marketing strategies; new car dealer solutions, which offers customers content and research tools, such as car reviews, on road prices, car specifications, car images, car finance offers, and others; used car dealer solutions to buy and sell their used cars; and technology solutions for OEMs and dealers, including dealer management systems and auto finance solutions. The company also provides new two-wheeler OEM and dealer solutions; online and offline auctioning of vehicles comprising cars, bikes, trucks, farm equipment and construction equipment; inspection and valuation services for banks and insurance companies; and technology solutions to OEMs, banks, NBFCs, insurance companies, leasing companies, fleet owners, etc. to inspect and valuate their vehicles. It offers its services under the CarWale, BikeWale, CarTradeExchange, Shriram Automall, Adroit Auto, and Autobiz brands. CarTrade Tech Limited was incorporated in 2000 and is based in Navi Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-18 19:53:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is 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 cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Cartrade Tech Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cartrade Tech Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Cartrade Tech Limited to the Auto & Truck Dealerships industry mean.
  • A Net Profit Margin of 9.3% means that ₹0.09 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cartrade Tech Limited:

  • The MRQ is 9.3%. The company is making a profit. +1
  • The TTM is 9.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.3%TTM9.3%0.0%
TTM9.3%YOY-42.2%+51.6%
TTM9.3%5Y3.7%+5.7%
5Y3.7%10Y3.7%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%1.9%+7.4%
TTM9.3%1.9%+7.4%
YOY-42.2%3.2%-45.4%
5Y3.7%2.3%+1.4%
10Y3.7%2.3%+1.4%
1.1.2. Return on Assets

Shows how efficient Cartrade Tech Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cartrade Tech Limited to the Auto & Truck Dealerships industry mean.
  • 1.5% Return on Assets means that Cartrade Tech Limited generated ₹0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cartrade Tech Limited:

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.5%0.0%
TTM1.5%YOY-5.8%+7.2%
TTM1.5%5Y0.6%+0.8%
5Y0.6%10Y0.6%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%1.2%+0.3%
TTM1.5%1.3%+0.2%
YOY-5.8%2.0%-7.8%
5Y0.6%1.7%-1.1%
10Y0.6%1.4%-0.8%
1.1.3. Return on Equity

Shows how efficient Cartrade Tech Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cartrade Tech Limited to the Auto & Truck Dealerships industry mean.
  • 1.7% Return on Equity means Cartrade Tech Limited generated ₹0.02 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cartrade Tech Limited:

  • The MRQ is 1.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.7%TTM1.7%0.0%
TTM1.7%YOY-6.7%+8.3%
TTM1.7%5Y0.7%+0.9%
5Y0.7%10Y0.7%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%3.4%-1.7%
TTM1.7%4.1%-2.4%
YOY-6.7%4.6%-11.3%
5Y0.7%3.5%-2.8%
10Y0.7%3.5%-2.8%

1.2. Operating Efficiency of Cartrade Tech Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cartrade Tech Limited is operating .

  • Measures how much profit Cartrade Tech Limited 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 Cartrade Tech Limited to the Auto & Truck Dealerships industry mean.
  • An Operating Margin of 18.8% means the company generated ₹0.19  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cartrade Tech Limited:

  • The MRQ is 18.8%. The company is operating efficient. +1
  • The TTM is 18.8%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ18.8%TTM18.8%0.0%
TTM18.8%YOY-43.1%+61.8%
TTM18.8%5Y1.6%+17.2%
5Y1.6%10Y1.6%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ18.8%3.7%+15.1%
TTM18.8%2.7%+16.1%
YOY-43.1%5.1%-48.2%
5Y1.6%3.7%-2.1%
10Y1.6%3.7%-2.1%
1.2.2. Operating Ratio

Measures how efficient Cartrade Tech Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto & Truck Dealerships industry mean).
  • An Operation Ratio of 0.99 means that the operating costs are ₹0.99 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Cartrade Tech Limited:

  • The MRQ is 0.988. The company is less efficient in keeping operating costs low.
  • The TTM is 0.988. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.988TTM0.9880.000
TTM0.988YOY1.474-0.485
TTM0.9885Y1.044-0.055
5Y1.04410Y1.0440.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9881.239-0.251
TTM0.9881.180-0.192
YOY1.4741.101+0.373
5Y1.0441.153-0.109
10Y1.0441.155-0.111

1.3. Liquidity of Cartrade Tech Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cartrade Tech Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto & Truck Dealerships industry mean).
  • A Current Ratio of 8.14 means the company has ₹8.14 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Cartrade Tech Limited:

  • The MRQ is 8.136. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.136. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ8.136TTM8.1360.000
TTM8.136YOY7.980+0.157
TTM8.1365Y6.313+1.823
5Y6.31310Y6.3130.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ8.1361.351+6.785
TTM8.1361.384+6.752
YOY7.9801.476+6.504
5Y6.3131.384+4.929
10Y6.3131.266+5.047
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Cartrade Tech Limited to the Auto & Truck Dealerships industry mean.
  • A Quick Ratio of 15.75 means the company can pay off ₹15.75 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cartrade Tech Limited:

  • The MRQ is 15.755. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 15.755. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ15.755TTM15.7550.000
TTM15.755YOY14.560+1.194
TTM15.7555Y11.417+4.337
5Y11.41710Y11.4170.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ15.7550.406+15.349
TTM15.7550.425+15.330
YOY14.5600.482+14.078
5Y11.4170.498+10.919
10Y11.4170.565+10.852

1.4. Solvency of Cartrade Tech Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cartrade Tech Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cartrade Tech Limited to Auto & Truck Dealerships industry mean.
  • A Debt to Asset Ratio of 0.09 means that Cartrade Tech Limited assets are financed with 9.4% credit (debt) and the remaining percentage (100% - 9.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cartrade Tech Limited:

  • The MRQ is 0.094. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.094. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.094TTM0.0940.000
TTM0.094YOY0.091+0.004
TTM0.0945Y0.093+0.002
5Y0.09310Y0.0930.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0940.603-0.509
TTM0.0940.600-0.506
YOY0.0910.587-0.496
5Y0.0930.646-0.553
10Y0.0930.665-0.572
1.4.2. Debt to Equity Ratio

Measures if Cartrade Tech Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cartrade Tech Limited to the Auto & Truck Dealerships industry mean.
  • A Debt to Equity ratio of 10.8% means that company has ₹0.11 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cartrade Tech Limited:

  • The MRQ is 0.108. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.108. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.108TTM0.1080.000
TTM0.108YOY0.104+0.004
TTM0.1085Y0.107+0.001
5Y0.10710Y0.1070.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1081.529-1.421
TTM0.1081.487-1.379
YOY0.1041.422-1.318
5Y0.1071.956-1.849
10Y0.1072.051-1.944

2. Market Valuation of Cartrade Tech Limited

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 Cartrade Tech Limited generates.

  • Above 15 is considered overpriced but always compare Cartrade Tech Limited to the Auto & Truck Dealerships industry mean.
  • A PE ratio of 57.98 means the investor is paying ₹57.98 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cartrade Tech Limited:

  • The EOD is 95.089. Based on the earnings, the company is expensive. -2
  • The MRQ is 57.981. Based on the earnings, the company is expensive. -2
  • The TTM is 57.981. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD95.089MRQ57.981+37.109
MRQ57.981TTM57.9810.000
TTM57.981YOY-20.572+78.553
TTM57.9815Y7.482+50.499
5Y7.48210Y7.4820.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
EOD95.0896.977+88.112
MRQ57.9818.207+49.774
TTM57.9818.624+49.357
YOY-20.5727.526-28.098
5Y7.4828.884-1.402
10Y7.48211.496-4.014
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cartrade Tech Limited:

  • The EOD is 78.647. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 47.955. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 47.955. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD78.647MRQ47.955+30.692
MRQ47.955TTM47.9550.000
TTM47.955YOY47.359+0.596
TTM47.9555Y19.063+28.892
5Y19.06310Y19.0630.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
EOD78.6471.430+77.217
MRQ47.9550.966+46.989
TTM47.9551.636+46.319
YOY47.359-0.209+47.568
5Y19.0630.443+18.620
10Y19.0630.512+18.551
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Auto & Truck Dealerships industry mean).
  • A PB ratio of 0.93 means the investor is paying ₹0.93 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Cartrade Tech Limited:

  • The EOD is 1.523. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.929. Based on the equity, the company is cheap. +2
  • The TTM is 0.929. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.523MRQ0.929+0.594
MRQ0.929TTM0.9290.000
TTM0.929YOY1.310-0.381
TTM0.9295Y0.448+0.481
5Y0.44810Y0.4480.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
EOD1.5231.390+0.133
MRQ0.9291.508-0.579
TTM0.9291.484-0.555
YOY1.3101.565-0.255
5Y0.4481.834-1.386
10Y0.4481.819-1.371
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cartrade Tech Limited 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---23.516-23.5160%66.527-135%83.778-128%83.778-128%
Book Value Per Share--418.892418.8920%442.408-5%359.176+17%359.176+17%
Current Ratio--8.1368.1360%7.980+2%6.313+29%6.313+29%
Debt To Asset Ratio--0.0940.0940%0.091+4%0.093+2%0.093+2%
Debt To Equity Ratio--0.1080.1080%0.104+4%0.107+1%0.107+1%
Dividend Per Share--1.0551.0550%1.141-7%0.439+140%0.439+140%
Eps--6.7106.7100%-28.174+520%1.241+441%1.241+441%
Free Cash Flow Per Share--8.1138.1130%12.239-34%7.263+12%7.263+12%
Free Cash Flow To Equity Per Share--0.3910.3910%61.145-99%27.834-99%27.834-99%
Gross Profit Margin--0.2430.2430%1.161-79%0.389-37%0.389-37%
Intrinsic Value_10Y_max--157.842--------
Intrinsic Value_10Y_min--133.037--------
Intrinsic Value_1Y_max--10.414--------
Intrinsic Value_1Y_min--10.119--------
Intrinsic Value_3Y_max--35.408--------
Intrinsic Value_3Y_min--33.367--------
Intrinsic Value_5Y_max--65.366--------
Intrinsic Value_5Y_min--59.682--------
Market Cap29916760790.000+34%19712021249.20019712021249.2000%27176168880.000-27%9377638025.840+110%9377638025.840+110%
Net Profit Margin--0.0930.0930%-0.422+552%0.037+155%0.037+155%
Operating Margin--0.1880.1880%-0.431+330%0.016+1074%0.016+1074%
Operating Ratio--0.9880.9880%1.474-33%1.044-5%1.044-5%
Pb Ratio1.523+39%0.9290.9290%1.310-29%0.448+107%0.448+107%
Pe Ratio95.089+39%57.98157.9810%-20.572+135%7.482+675%7.482+675%
Price Per Share638.050+39%389.050389.0500%579.600-33%193.730+101%193.730+101%
Price To Free Cash Flow Ratio78.647+39%47.95547.9550%47.359+1%19.063+152%19.063+152%
Price To Total Gains Ratio-28.408-64%-17.322-17.3220%8.565-302%-4.378-75%-4.378-75%
Quick Ratio--15.75515.7550%14.560+8%11.417+38%11.417+38%
Return On Assets--0.0150.0150%-0.058+499%0.006+133%0.006+133%
Return On Equity--0.0170.0170%-0.067+501%0.007+132%0.007+132%
Total Gains Per Share---22.460-22.4600%67.668-133%84.218-127%84.218-127%
Usd Book Value--254688252.000254688252.0000%248922336.000+2%205891365.600+24%205891365.600+24%
Usd Book Value Change Per Share---0.282-0.2820%0.798-135%1.005-128%1.005-128%
Usd Book Value Per Share--5.0275.0270%5.309-5%4.310+17%4.310+17%
Usd Dividend Per Share--0.0130.0130%0.014-7%0.005+140%0.005+140%
Usd Eps--0.0810.0810%-0.338+520%0.015+441%0.015+441%
Usd Free Cash Flow--4932648.0004932648.0000%6886056.000-28%4160188.800+19%4160188.800+19%
Usd Free Cash Flow Per Share--0.0970.0970%0.147-34%0.087+12%0.087+12%
Usd Free Cash Flow To Equity Per Share--0.0050.0050%0.734-99%0.334-99%0.334-99%
Usd Market Cap359001129.480+34%236544254.990236544254.9900%326114026.560-27%112531656.310+110%112531656.310+110%
Usd Price Per Share7.657+39%4.6694.6690%6.955-33%2.325+101%2.325+101%
Usd Profit--4079712.0004079712.0000%-15852216.000+489%791035.200+416%791035.200+416%
Usd Revenue--43648704.00043648704.0000%37526820.000+16%35224936.800+24%35224936.800+24%
Usd Total Gains Per Share---0.270-0.2700%0.812-133%1.011-127%1.011-127%
 EOD+3 -5MRQTTM+0 -0YOY+14 -225Y+22 -1410Y+22 -14

3.2. Fundamental Score

Let's check the fundamental score of Cartrade Tech Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1595.089
Price to Book Ratio (EOD)Between0-11.523
Net Profit Margin (MRQ)Greater than00.093
Operating Margin (MRQ)Greater than00.188
Quick Ratio (MRQ)Greater than115.755
Current Ratio (MRQ)Greater than18.136
Debt to Asset Ratio (MRQ)Less than10.094
Debt to Equity Ratio (MRQ)Less than10.108
Return on Equity (MRQ)Greater than0.150.017
Return on Assets (MRQ)Greater than0.050.015
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Cartrade Tech Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose651.000
Total1/1 (100.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Inventory  9,420-9,24018015,59015,770-3,54312,227-9,787,083-9,774,856



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets23,432,281
Total Liabilities2,208,260
Total Stockholder Equity20,434,456
 As reported
Total Liabilities 2,208,260
Total Stockholder Equity+ 20,434,456
Total Assets = 23,432,281

Assets

Total Assets23,432,281
Total Current Assets11,349,701
Long-term Assets12,082,580
Total Current Assets
Cash And Cash Equivalents 261,132
Short-term Investments 10,392,099
Net Receivables 931,302
Other Current Assets 147,895
Total Current Assets  (as reported)11,349,701
Total Current Assets  (calculated)11,732,428
+/- 382,727
Long-term Assets
Property Plant Equipment 1,318,233
Goodwill 8,976,751
Intangible Assets 126,618
Long-term Assets Other 1,001,170
Long-term Assets  (as reported)12,082,580
Long-term Assets  (calculated)11,422,772
+/- 659,808

Liabilities & Shareholders' Equity

Total Current Liabilities1,394,931
Long-term Liabilities813,329
Total Stockholder Equity20,434,456
Total Current Liabilities
Short-term Debt 158,122
Accounts payable 216,336
Other Current Liabilities 189,189
Total Current Liabilities  (as reported)1,394,931
Total Current Liabilities  (calculated)563,647
+/- 831,284
Long-term Liabilities
Capital Lease Obligations 864,280
Long-term Liabilities  (as reported)813,329
Long-term Liabilities  (calculated)864,280
+/- 50,951
Total Stockholder Equity
Common Stock468,444
Accumulated Other Comprehensive Income 2,249,667
Other Stockholders Equity 2,116,340
Total Stockholder Equity (as reported)20,434,456
Total Stockholder Equity (calculated)4,834,451
+/- 15,600,005
Other
Capital Stock468,444
Cash and Short Term Investments 10,653,231
Common Stock Shares Outstanding 50,667
Current Deferred Revenue831,284
Liabilities and Stockholders Equity 23,432,281
Net Debt 603,148
Net Invested Capital 20,434,456
Net Working Capital 9,954,770
Property Plant and Equipment Gross 1,318,233
Short Long Term Debt Total 864,280



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-31
> Total Assets 
0
14,270,940
14,704,060
19,301,990
22,807,626
23,432,281
23,432,28122,807,62619,301,99014,704,06014,270,9400
   > Total Current Assets 
3,448,100
3,952,720
4,157,100
7,864,550
10,437,176
11,349,701
11,349,70110,437,1767,864,5504,157,1003,952,7203,448,100
       Cash And Cash Equivalents 
0
215,860
195,210
219,940
322,775
261,132
261,132322,775219,940195,210215,8600
       Short-term Investments 
0
2,855,360
2,766,520
6,316,170
8,737,302
10,392,099
10,392,0998,737,3026,316,1702,766,5202,855,3600
       Net Receivables 
842,580
852,170
1,135,192
1,262,173
1,247,423
931,302
931,3021,247,4231,262,1731,135,192852,170842,580
       Other Current Assets 
18,350
872,080
1,195,190
1,312,670
117,449
147,895
147,895117,4491,312,6701,195,190872,08018,350
   > Long-term Assets 
0
10,318,220
10,546,960
11,437,440
12,370,450
12,082,580
12,082,58012,370,45011,437,44010,546,96010,318,2200
       Property Plant Equipment 
568,540
748,900
864,670
996,020
1,247,502
1,318,233
1,318,2331,247,502996,020864,670748,900568,540
       Goodwill 
0
8,976,750
8,979,610
8,979,610
8,976,751
8,976,751
8,976,7518,976,7518,979,6108,979,6108,976,7500
       Intangible Assets 
0
377,360
313,300
253,790
189,091
126,618
126,618189,091253,790313,300377,3600
       Long-term Assets Other 
0
3,025,260
144,400
373,313
1,073,493
1,001,170
1,001,1701,073,493373,313144,4003,025,2600
> Total Liabilities 
0
1,399,730
1,378,970
1,677,770
2,064,098
2,208,260
2,208,2602,064,0981,677,7701,378,9701,399,7300
   > Total Current Liabilities 
821,210
1,049,530
911,470
1,104,140
1,307,998
1,394,931
1,394,9311,307,9981,104,140911,4701,049,530821,210
       Short-term Debt 
0
117,600
75,710
81,520
123,171
158,122
158,122123,17181,52075,710117,6000
       Short Long Term Debt 
0
0
0
0
3,319
0
03,3190000
       Accounts payable 
164,890
180,640
195,740
222,400
208,524
216,336
216,336208,524222,400195,740180,640164,890
       Other Current Liabilities 
433,980
70
715,788
881,744
202,046
189,189
189,189202,046881,744715,78870433,980
   > Long-term Liabilities 
0
350,200
467,500
573,630
756,100
813,329
813,329756,100573,630467,500350,2000
       Capital Lease Obligations Min Short Term Debt
0
217,390
345,700
463,990
648,062
706,158
706,158648,062463,990345,700217,3900
       Long-term Liabilities Other 
0
0
990
1,370
1,369
2,724
2,7241,3691,37099000
> Total Stockholder Equity
0
12,314,450
12,622,340
16,805,780
19,792,746
20,434,456
20,434,45619,792,74616,805,78012,622,34012,314,4500
   Common Stock
34,490
34,490
34,490
35,840
466,226
468,444
468,444466,22635,84034,49034,49034,490
   Retained Earnings Total Equity000000
   Accumulated Other Comprehensive Income 
0
0
175,610
215,524
2,002,686
2,249,667
2,249,6672,002,686215,524175,61000
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
27,820
14,992,330
14,545,676
17,722,550
2,454,307
2,116,340
2,116,3402,454,30717,722,55014,545,67614,992,33027,820



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue3,637,392
Cost of Revenue-1,838,494
Gross Profit1,798,8981,798,898
 
Operating Income (+$)
Gross Profit1,798,898
Operating Expense-1,756,344
Operating Income58,56442,554
 
Operating Expense (+$)
Research Development0
Selling General Administrative55,234
Selling And Marketing Expenses257,231
Operating Expense1,756,344312,465
 
Net Interest Income (+$)
Interest Income0
Interest Expense-76,719
Other Finance Cost-0
Net Interest Income-76,719
 
Pretax Income (+$)
Operating Income58,564
Net Interest Income-76,719
Other Non-Operating Income Expenses0
Income Before Tax (EBT)605,660-488,532
EBIT - interestExpense = 605,660
541,299
416,695
Interest Expense76,719
Earnings Before Interest and Taxes (EBIT)682,379682,379
Earnings Before Interest and Taxes (EBITDA)969,768
 
After tax Income (+$)
Income Before Tax605,660
Tax Provision-201,323
Net Income From Continuing Ops404,337404,337
Net Income339,976
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,594,838
Total Other Income/Expenses Net547,09676,719
 

Technical Analysis of Cartrade Tech Limited
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 Cartrade Tech Limited. The general trend of Cartrade Tech Limited is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cartrade Tech Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Cartrade Tech Limited.

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: 672.05 < 687.15 < 802.00.

The bearish price targets are: 630.00 > 623.90 > 614.10.

Tweet this
Cartrade Tech Limited 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 Cartrade Tech Limited. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

Cartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Moving Average Convergence/Divergence (MACD) ChartCartrade Tech Limited 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 Cartrade Tech Limited. The current adx is .

Cartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Relative Strength Index (RSI) ChartCartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Stochastic Oscillator ChartCartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Commodity Channel Index (CCI) ChartCartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Chande Momentum Oscillator (CMO) ChartCartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Williams %R ChartCartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Average True Range (ATR) ChartCartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily On-Balance Volume (OBV) ChartCartrade Tech Limited 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 Cartrade Tech Limited.

Cartrade Tech Limited Daily Money Flow Index (MFI) ChartCartrade Tech Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cartrade Tech Limited.

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
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15DMI 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.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19DMI 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.
2023-12-20DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-20DMI 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
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH 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
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Cartrade Tech Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cartrade Tech Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose651.000
Total1/1 (100.0%)
Penke

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