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Carnavale Resources Ltd
Buy, Hold or Sell?

Let's analyze Carnavale Resources Ltd together

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

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

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1. Quick Overview

1.1. Quick analysis of Carnavale Resources Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Carnavale Resources Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$0.00
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
-8.9%

For what price can you sell your share?

Current Price per Share
A$0.00
Expected price per share
A$0.004 - A$0.005
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Carnavale Resources Ltd (5 min.)




Live pricePrice per Share (EOD)
A$0.00
Intrinsic Value Per Share
A$-0.01 - A$-0.01
Total Value Per Share
A$-0.01 - A$0.00

2.2. Growth of Carnavale Resources Ltd (5 min.)




Is Carnavale Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$5.8m$6m-$245.8k-4.2%

How much money is Carnavale Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$305.4k-$953.2k$647.8k212.1%
Net Profit Margin-819.6%-42,192.9%--

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

2.3. Financial Health of Carnavale Resources Ltd (5 min.)




2.4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#539 / 867

Most Revenue
#320 / 867

Most Profit
#292 / 867

Most Efficient
#695 / 867
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Carnavale Resources Ltd?

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

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

Speculation

The Price per Share of Carnavale Resources Ltd is A$0.004. 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 Carnavale Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.00. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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 A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Carnavale Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-1.9%0.00-1.9%0.00-5.8%0.00-5.1%0.00-4.8%
Usd Book Value Change Per Share0.00-1.5%0.00-1.5%0.008.7%0.005.4%0.002.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-1.5%0.00-1.5%0.008.7%0.005.4%0.002.9%
Usd Price Per Share0.00-0.00-0.00-0.00-0.01-
Price to Earnings Ratio-27.11--27.11--20.27--18.93--49.26-
Price-to-Total Gains Ratio-33.69--33.69-13.56-144.99-215.94-
Price to Book Ratio1.43-1.43-3.19-3.91-20.11-
Price-to-Total Gains Ratio-33.69--33.69-13.56-144.99-215.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0026992
Number of shares370480
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (370480 shares)-22.2679.68
Gains per Year (370480 shares)-89.06318.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-89-990319309
20-178-1880637628
30-267-2770956947
40-356-366012751266
50-445-455015941585
60-534-544019121904
70-623-633022312223
80-712-722025502542
90-802-811028692861
100-891-900031873180

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 Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%0.017.00.00.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%10.07.00.058.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.017.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%10.07.00.058.8%
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3.2. Key Performance Indicators

The key performance indicators of Carnavale Resources Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0000.0000%0.001-117%0.000-128%0.000-151%
Book Value Per Share--0.0020.0020%0.002-4%0.001+50%0.001+127%
Current Ratio--2.8382.8380%6.563-57%7.683-63%16.953-83%
Debt To Asset Ratio--0.0420.0420%0.056-24%0.070-40%0.053-20%
Debt To Equity Ratio--0.0440.0440%0.059-25%0.079-44%0.058-24%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0000.0000%0.000+212%0.000+173%0.000+158%
Free Cash Flow Per Share---0.001-0.0010%-0.001+40%-0.001-3%0.000-30%
Free Cash Flow To Equity Per Share---0.001-0.0010%0.000-88%0.000-92%0.000-97%
Gross Profit Margin--1.0001.0000%1.134-12%1.191-16%1.155-13%
Intrinsic Value_10Y_max---0.005--------
Intrinsic Value_10Y_min---0.008--------
Intrinsic Value_1Y_max--0.000--------
Intrinsic Value_1Y_min---0.001--------
Intrinsic Value_3Y_max---0.001--------
Intrinsic Value_3Y_min---0.002--------
Intrinsic Value_5Y_max---0.002--------
Intrinsic Value_5Y_min---0.004--------
Market Cap16360880.128+25%12270660.09612270660.0960%28631540.224-57%17996968.141-32%40084156.314-69%
Net Profit Margin---8.196-8.1960%-421.929+5048%-179.593+2091%-108.056+1218%
Operating Margin---10.440-10.4400%-234.718+2148%-143.721+1277%-82.968+695%
Operating Ratio--10.44010.4400%234.720-96%141.253-93%89.383-88%
Pb Ratio1.902+25%1.4271.4270%3.194-55%3.907-63%20.110-93%
Pe Ratio-36.148-33%-27.111-27.1110%-20.268-25%-18.932-30%-49.258+82%
Price Per Share0.004+25%0.0030.0030%0.007-57%0.004-32%0.010-69%
Price To Free Cash Flow Ratio-7.032-33%-5.274-5.2740%-8.809+67%-8.119+54%-35.787+579%
Price To Total Gains Ratio-44.914-33%-33.685-33.6850%13.562-348%144.990-123%215.938-116%
Quick Ratio--2.7812.7810%6.522-57%7.621-64%16.757-83%
Return On Assets---0.050-0.0500%-0.149+195%-0.327+549%-0.501+894%
Return On Equity---0.053-0.0530%-0.158+199%-0.347+559%-0.528+903%
Total Gains Per Share--0.0000.0000%0.001-117%0.000-128%0.000-151%
Usd Book Value--5803840.7595803840.7590%6049652.179-4%3880240.628+50%2555057.254+127%
Usd Book Value Change Per Share--0.0000.0000%0.000-117%0.000-128%0.000-151%
Usd Book Value Per Share--0.0010.0010%0.001-4%0.001+50%0.001+127%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.0000%0.000+212%0.000+173%0.000+158%
Usd Free Cash Flow---1569920.176-1569920.1760%-2193331.456+40%-1519423.407-3%-1100452.301-30%
Usd Free Cash Flow Per Share--0.0000.0000%-0.001+40%0.000-3%0.000-30%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000-88%0.000-92%0.000-97%
Usd Market Cap11040321.910+25%8280241.4338280241.4330%19320563.343-57%12144354.101-32%27048788.680-69%
Usd Price Per Share0.003+25%0.0020.0020%0.005-57%0.003-32%0.007-69%
Usd Profit---305420.553-305420.5530%-953234.626+212%-835271.894+173%-786596.275+158%
Usd Revenue--37262.45637262.4560%2259.230+1549%11851.512+214%18420.016+102%
Usd Total Gains Per Share--0.0000.0000%0.000-117%0.000-128%0.000-151%
 EOD+5 -3MRQTTM+0 -0YOY+17 -175Y+17 -1710Y+16 -18

3.3 Fundamental Score

Let's check the fundamental score of Carnavale Resources Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-36.148
Price to Book Ratio (EOD)Between0-11.902
Net Profit Margin (MRQ)Greater than0-8.196
Operating Margin (MRQ)Greater than0-10.440
Quick Ratio (MRQ)Greater than12.781
Current Ratio (MRQ)Greater than12.838
Debt to Asset Ratio (MRQ)Less than10.042
Debt to Equity Ratio (MRQ)Less than10.044
Return on Equity (MRQ)Greater than0.15-0.053
Return on Assets (MRQ)Greater than0.05-0.050
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Carnavale Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.085
Ma 20Greater thanMa 500.004
Ma 50Greater thanMa 1000.004
Ma 100Greater thanMa 2000.004
OpenGreater thanClose0.004
Total0/5 (0.0%)

4. In-depth Analysis

4.1 About Carnavale Resources Ltd

Carnavale Resources Limited operates as a mineral exploration company in Australia. It explores for tin, lithium, cobalt, silver, nickel, gold, copper, and precious metal deposits. The company holds a 100% interest in the Grey Dam nickel sulphide project in Kalgoorlie, Western Australia; and 80% interest in the Kookynie gold project comprising 2 exploration licenses and 3 prospecting licenses located in Yilgarn Craton, Western Australia. It also holds an option to acquire 80% interest in the Ora Banda South gold project that covers an area of approximately 25 square kilometers located in Yilgarn Craton, Western Australia. Further, it is involved in investing activities. The company was incorporated in 2006 and is based in Mount Hawthorn, Australia.

Fundamental data was last updated by Penke on 2024-09-20 16:55:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
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
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Carnavale Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Carnavale Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -819.6% means that $-8.20 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Carnavale Resources Ltd:

  • The MRQ is -819.6%. The company is making a huge loss. -2
  • The TTM is -819.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-819.6%TTM-819.6%0.0%
TTM-819.6%YOY-42,192.9%+41,373.2%
TTM-819.6%5Y-17,959.3%+17,139.6%
5Y-17,959.3%10Y-10,805.6%-7,153.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-819.6%-58.4%-761.2%
TTM-819.6%-52.6%-767.0%
YOY-42,192.9%-61.4%-42,131.5%
5Y-17,959.3%-284.1%-17,675.2%
10Y-10,805.6%-865.0%-9,940.6%
4.3.1.2. Return on Assets

Shows how efficient Carnavale Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Carnavale Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -5.0% Return on Assets means that Carnavale Resources Ltd generated $-0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Carnavale Resources Ltd:

  • The MRQ is -5.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.0%TTM-5.0%0.0%
TTM-5.0%YOY-14.9%+9.8%
TTM-5.0%5Y-32.7%+27.7%
5Y-32.7%10Y-50.1%+17.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.0%-6.8%+1.8%
TTM-5.0%-7.8%+2.8%
YOY-14.9%-6.8%-8.1%
5Y-32.7%-9.9%-22.8%
10Y-50.1%-15.5%-34.6%
4.3.1.3. Return on Equity

Shows how efficient Carnavale Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Carnavale Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -5.3% Return on Equity means Carnavale Resources Ltd generated $-0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Carnavale Resources Ltd:

  • The MRQ is -5.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.3%TTM-5.3%0.0%
TTM-5.3%YOY-15.8%+10.5%
TTM-5.3%5Y-34.7%+29.4%
5Y-34.7%10Y-52.8%+18.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.3%-7.4%+2.1%
TTM-5.3%-8.0%+2.7%
YOY-15.8%-7.2%-8.6%
5Y-34.7%-10.9%-23.8%
10Y-52.8%-15.6%-37.2%
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4.3.2. Operating Efficiency of Carnavale Resources Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Carnavale Resources Ltd is operating .

  • Measures how much profit Carnavale Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Carnavale Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -1,044.0% means the company generated $-10.44  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Carnavale Resources Ltd:

  • The MRQ is -1,044.0%. The company is operating very inefficient. -2
  • The TTM is -1,044.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,044.0%TTM-1,044.0%0.0%
TTM-1,044.0%YOY-23,471.8%+22,427.8%
TTM-1,044.0%5Y-14,372.1%+13,328.1%
5Y-14,372.1%10Y-8,296.8%-6,075.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,044.0%-728.8%-315.2%
TTM-1,044.0%-306.8%-737.2%
YOY-23,471.8%-79.9%-23,391.9%
5Y-14,372.1%-429.8%-13,942.3%
10Y-8,296.8%-922.0%-7,374.8%
4.3.2.2. Operating Ratio

Measures how efficient Carnavale Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 10.44 means that the operating costs are $10.44 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Carnavale Resources Ltd:

  • The MRQ is 10.440. The company is inefficient in keeping operating costs low. -1
  • The TTM is 10.440. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ10.440TTM10.4400.000
TTM10.440YOY234.720-224.279
TTM10.4405Y141.253-130.813
5Y141.25310Y89.383+51.870
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ10.4402.020+8.420
TTM10.4401.952+8.488
YOY234.7202.070+232.650
5Y141.2535.592+135.661
10Y89.38310.089+79.294
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4.4.3. Liquidity of Carnavale Resources Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Carnavale Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 2.84 means the company has $2.84 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Carnavale Resources Ltd:

  • The MRQ is 2.838. The company is able to pay all its short-term debts. +1
  • The TTM is 2.838. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.838TTM2.8380.000
TTM2.838YOY6.563-3.725
TTM2.8385Y7.683-4.845
5Y7.68310Y16.953-9.271
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8382.063+0.775
TTM2.8382.257+0.581
YOY6.5633.218+3.345
5Y7.6834.035+3.648
10Y16.9534.569+12.384
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Carnavale Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 2.78 means the company can pay off $2.78 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Carnavale Resources Ltd:

  • The MRQ is 2.781. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.781. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.781TTM2.7810.000
TTM2.781YOY6.522-3.740
TTM2.7815Y7.621-4.839
5Y7.62110Y16.757-9.136
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7811.005+1.776
TTM2.7811.321+1.460
YOY6.5221.936+4.586
5Y7.6212.576+5.045
10Y16.7573.399+13.358
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4.5.4. Solvency of Carnavale Resources Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Carnavale Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Carnavale Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.04 means that Carnavale Resources Ltd assets are financed with 4.2% credit (debt) and the remaining percentage (100% - 4.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Carnavale Resources Ltd:

  • The MRQ is 0.042. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.042. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.042TTM0.0420.000
TTM0.042YOY0.056-0.013
TTM0.0425Y0.070-0.028
5Y0.07010Y0.053+0.017
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0420.202-0.160
TTM0.0420.202-0.160
YOY0.0560.156-0.100
5Y0.0700.221-0.151
10Y0.0530.256-0.203
4.5.4.2. Debt to Equity Ratio

Measures if Carnavale Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Carnavale Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 4.4% means that company has $0.04 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Carnavale Resources Ltd:

  • The MRQ is 0.044. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.044. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.044TTM0.0440.000
TTM0.044YOY0.059-0.015
TTM0.0445Y0.079-0.035
5Y0.07910Y0.058+0.021
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0440.186-0.142
TTM0.0440.209-0.165
YOY0.0590.164-0.105
5Y0.0790.220-0.141
10Y0.0580.269-0.211
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Carnavale Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Carnavale Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -27.11 means the investor is paying $-27.11 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Carnavale Resources Ltd:

  • The EOD is -36.148. Based on the earnings, the company is expensive. -2
  • The MRQ is -27.111. Based on the earnings, the company is expensive. -2
  • The TTM is -27.111. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-36.148MRQ-27.111-9.037
MRQ-27.111TTM-27.1110.000
TTM-27.111YOY-20.268-6.842
TTM-27.1115Y-18.932-8.179
5Y-18.93210Y-49.258+30.326
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-36.148-3.659-32.489
MRQ-27.111-5.031-22.080
TTM-27.111-5.412-21.699
YOY-20.268-7.838-12.430
5Y-18.932-10.579-8.353
10Y-49.258-11.907-37.351
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Carnavale Resources Ltd:

  • The EOD is -7.032. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.274. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.274. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.032MRQ-5.274-1.758
MRQ-5.274TTM-5.2740.000
TTM-5.274YOY-8.809+3.534
TTM-5.2745Y-8.119+2.844
5Y-8.11910Y-35.787+27.669
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-7.032-4.280-2.752
MRQ-5.274-5.935+0.661
TTM-5.274-6.123+0.849
YOY-8.809-8.284-0.525
5Y-8.119-12.428+4.309
10Y-35.787-14.541-21.246
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.43 means the investor is paying $1.43 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Carnavale Resources Ltd:

  • The EOD is 1.902. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.427. Based on the equity, the company is underpriced. +1
  • The TTM is 1.427. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.902MRQ1.427+0.476
MRQ1.427TTM1.4270.000
TTM1.427YOY3.194-1.767
TTM1.4275Y3.907-2.480
5Y3.90710Y20.110-16.203
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.9021.142+0.760
MRQ1.4271.404+0.023
TTM1.4271.499-0.072
YOY3.1941.995+1.199
5Y3.9072.585+1.322
10Y20.1103.011+17.099
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Carnavale Resources Ltd.

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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets8,980
Total Liabilities379
Total Stockholder Equity8,601
 As reported
Total Liabilities 379
Total Stockholder Equity+ 8,601
Total Assets = 8,980

Assets

Total Assets8,980
Total Current Assets1,076
Long-term Assets7,904
Total Current Assets
Cash And Cash Equivalents 919
Net Receivables 135
Other Current Assets 21
Total Current Assets  (as reported)1,076
Total Current Assets  (calculated)1,076
+/-0
Long-term Assets
Property Plant Equipment 0
Long-term Assets Other 7,904
Long-term Assets  (as reported)7,904
Long-term Assets  (calculated)7,904
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities379
Long-term Liabilities0
Total Stockholder Equity8,601
Total Current Liabilities
Accounts payable 379
Total Current Liabilities  (as reported)379
Total Current Liabilities  (calculated)379
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock39,660
Retained Earnings -34,079
Accumulated Other Comprehensive Income 3,020
Total Stockholder Equity (as reported)8,601
Total Stockholder Equity (calculated)8,601
+/-0
Other
Capital Stock39,660
Cash And Equivalents919
Cash and Short Term Investments 919
Common Stock Shares Outstanding 2,729,307
Liabilities and Stockholders Equity 8,980
Net Debt -919
Net Invested Capital 8,601
Net Tangible Assets 8,601
Net Working Capital 697
Property Plant and Equipment Gross 7,885



5.2. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-30
> Total Assets 
4,157
6,962
16,942
12,821
12,789
3,251
1,912
1,500
1,562
2,609
1,453
1,650
2,147
2,619
2,253
7,146
9,492
8,980
8,9809,4927,1462,2532,6192,1471,6501,4532,6091,5621,5001,9123,25112,78912,82116,9426,9624,157
   > Total Current Assets 
3,933
4,802
10,784
7,058
6,428
2,282
1,895
1,485
1,550
1,322
1,423
1,434
1,945
210
1,226
3,662
3,459
1,076
1,0763,4593,6621,2262101,9451,4341,4231,3221,5501,4851,8952,2826,4287,05810,7844,8023,933
       Cash And Cash Equivalents 
3,933
4,646
10,612
6,939
6,312
2,254
1,865
1,466
1,527
1,253
1,400
1,416
1,919
191
1,190
3,530
3,247
919
9193,2473,5301,1901911,9191,4161,4001,2531,5271,4661,8652,2546,3126,93910,6124,6463,933
       Net Receivables 
0
134
149
99
97
12
12
8
12
17
14
10
16
8
25
118
190
135
13519011825816101417128121297991491340
       Other Current Assets 
0
22
23
20
19
16
19
10
22
68
23
18
26
11
11
14
22
21
21221411112618236822101916192023220
   > Long-term Assets 
224
2,161
6,158
5,763
6,361
968
17
16
3
1,257
31
216
201
2,388
1,027
3,484
6,033
7,904
7,9046,0333,4841,0272,388201216311,257316179686,3615,7636,1582,161224
       Property Plant Equipment 
224
2,161
6,158
4,086
6,361
968
8
6
3
1,257
31
216
201
2,388
1,007
3,464
1
0
013,4641,0072,388201216311,2573689686,3614,0866,1582,161224
       Other Assets 
0
0
0
0
0
0
9
9
9
30
0
0
0
20
0
20
20
20
20202002000030999000000
> Total Liabilities 
102
1,189
191
73
75
752
19
49
69
48
86
42
64
464
77
292
527
379
379527292774646442864869491975275731911,189102
   > Total Current Liabilities 
102
1,189
191
73
75
752
19
49
69
48
86
42
64
464
77
292
527
379
379527292774646442864869491975275731911,189102
       Accounts payable 
102
189
191
73
75
752
19
49
69
48
86
42
64
464
77
292
527
379
37952729277464644286486949197527573191189102
       Other Current Liabilities 
0
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,0000
   > Long-term Liabilities 
0
189
191
73
75
752
19
49
0
0
0
0
0
464
77
292
527
0
05272927746400000491975275731911890
> Total Stockholder Equity
4,055
5,774
16,751
12,749
12,714
2,498
1,893
1,451
1,494
2,561
1,368
1,608
2,083
2,155
2,176
6,854
8,965
8,601
8,6018,9656,8542,1762,1552,0831,6081,3682,5611,4941,4511,8932,49812,71412,74916,7515,7744,055
   Common Stock
4,135
6,286
18,114
18,138
22,083
22,625
22,625
22,625
23,615
25,180
26,710
27,400
28,511
28,970
31,154
36,485
39,572
39,660
39,66039,57236,48531,15428,97028,51127,40026,71025,18023,61522,62522,62522,62522,08318,13818,1146,2864,135
   Retained Earnings -34,079-33,627-32,214-30,727-28,371-27,891-27,275-26,825-23,923-23,371-22,424-21,982-21,371-10,623-5,975-2,010-517-72
   Accumulated Other Comprehensive Income 
-7
4
646
586
1,254
1,244
1,250
1,250
1,250
1,304
1,483
1,482
1,463
1,556
1,749
2,583
3,020
3,020
3,0203,0202,5831,7491,5561,4631,4821,4831,3041,2501,2501,2501,2441,2545866464-7
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000



5.3. Balance Sheets

Currency in AUD. All numbers in thousands.




5.4. Cash Flows

Currency in AUD. All numbers in thousands.




5.5. Income Statements

Currency in AUD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2023-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue55
Cost of Revenue-1
Gross Profit5555
 
Operating Income (+$)
Gross Profit55
Operating Expense-576
Operating Income-577-521
 
Operating Expense (+$)
Research Development-
Selling General Administrative576
Selling And Marketing Expenses-
Operating Expense576576
 
Net Interest Income (+$)
Interest Income1
Interest Expense--
Other Finance Cost-35
Net Interest Income35
 
Pretax Income (+$)
Operating Income-577
Net Interest Income35
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-551-602
EBIT - interestExpense = -577
-551
-453
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-577-551
Earnings Before Interest and Taxes (EBITDA)-576
 
After tax Income (+$)
Income Before Tax-551
Tax Provision--99
Net Income From Continuing Ops-453-453
Net Income-453
Net Income Applicable To Common Shares-453
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses577
Total Other Income/Expenses Net25-35
 

Technical Analysis of Carnavale Resources Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Carnavale Resources Ltd. The general trend of Carnavale Resources Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Carnavale Resources Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Carnavale Resources Ltd.

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: 0.005 < 0.005 < 0.005.

The bearish price targets are: 0.004 > 0.004 > 0.004.

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Carnavale Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Carnavale Resources Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is 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 below 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

Carnavale Resources Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Carnavale Resources Ltd. The current macd is -0.000087.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Carnavale Resources Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Carnavale Resources Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Carnavale Resources Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Carnavale Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCarnavale Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Carnavale Resources Ltd. The current adx is 23.41.

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 Carnavale Resources Ltd 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
Carnavale Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Carnavale Resources Ltd. The current sar is 0.00492237.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Carnavale Resources Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Carnavale Resources Ltd. The current rsi is 46.09. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Carnavale Resources Ltd Daily Relative Strength Index (RSI) ChartCarnavale Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Carnavale Resources Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Carnavale Resources Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Carnavale Resources Ltd Daily Stochastic Oscillator ChartCarnavale Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Carnavale Resources Ltd. The current cci is -57.36894164.

Carnavale Resources Ltd Daily Commodity Channel Index (CCI) ChartCarnavale Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Carnavale Resources Ltd. The current cmo is -11.24141923.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Carnavale Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartCarnavale Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Carnavale Resources Ltd. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Carnavale Resources Ltd Daily Williams %R ChartCarnavale Resources Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Carnavale Resources Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Carnavale Resources Ltd. The current atr is 0.00038.

Carnavale Resources Ltd Daily Average True Range (ATR) ChartCarnavale Resources Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Carnavale Resources Ltd. The current obv is -3,391,871.

Carnavale Resources Ltd Daily On-Balance Volume (OBV) ChartCarnavale Resources Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Carnavale Resources Ltd. The current mfi is 36.74.

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

  • MFI < 50: -1
Carnavale Resources Ltd Daily Money Flow Index (MFI) ChartCarnavale Resources Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Carnavale Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2024-05-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-30DMI 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
2024-06-03STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-07DMI 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
2024-06-13DMI 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.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-03MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-07-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-07-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to 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).
2024-07-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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).
2024-07-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-07-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-08-02DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-05MACD 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.
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).
2024-08-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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).
2024-08-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-13MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-15DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-08-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-08-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-08-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-08-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-29CCI 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.
2024-08-30DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-06MACD 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
2024-09-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-09-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-09-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-19CMO 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).
2024-09-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-09-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-09-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-09-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
2024-09-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-30MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Carnavale Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Carnavale Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.085
Ma 20Greater thanMa 500.004
Ma 50Greater thanMa 1000.004
Ma 100Greater thanMa 2000.004
OpenGreater thanClose0.004
Total0/5 (0.0%)
Penke
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