25 XP   0   0   10

Cobram Estate Olives Ltd
Buy, Hold or Sell?

Let's analyse Cobram Estate Olives Ltd together

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

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

Get notifications about Cobram Estate Olives Ltd

I send you an email if I find something interesting about Cobram Estate Olives Ltd.

Quick analysis of Cobram Estate Olives Ltd (30 sec.)










What can you expect buying and holding a share of Cobram Estate Olives Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.07
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$0.69
Expected worth in 1 year
A$0.70
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
A$0.12
Return On Investment
7.0%

For what price can you sell your share?

Current Price per Share
A$1.72
Expected price per share
A$1.565 - A$1.78
How sure are you?
50%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1. Valuation of Cobram Estate Olives Ltd (5 min.)




Live pricePrice per Share (EOD)

A$1.72

Intrinsic Value Per Share

A$-0.45 - A$-0.35

Total Value Per Share

A$0.24 - A$0.34

2. Growth of Cobram Estate Olives Ltd (5 min.)




Is Cobram Estate Olives Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$187.8m$187.3m$495.9k0.3%

How much money is Cobram Estate Olives Ltd making?

Current yearPrevious yearGrowGrow %
Making money$5m-$454.2k$5.4m109.0%
Net Profit Margin4.6%-0.5%--

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

3. Financial Health of Cobram Estate Olives Ltd (5 min.)




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




  Industry Rankings (Packaged Foods)  


Richest
#251 / 497

Most Revenue
#267 / 497

Most Profit
#219 / 497

Most Efficient
#175 / 497
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

What can you expect buying and holding a share of Cobram Estate Olives Ltd? (5 min.)

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

What can you expect buying and holding a share of Cobram Estate Olives Ltd?

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

Speculation

The Price per Share of Cobram Estate Olives Ltd is A$1.715. 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 Cobram Estate Olives 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 Cobram Estate Olives 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$0.69. 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$0.23 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$0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cobram Estate Olives 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 Eps0.010.7%0.010.7%0.00-0.1%0.010.3%0.000.1%
Usd Book Value Change Per Share0.000.1%0.000.1%0.158.8%0.042.3%0.074.4%
Usd Dividend Per Share0.021.1%0.021.1%0.021.1%0.021.0%0.020.9%
Usd Total Gains Per Share0.021.1%0.021.1%0.179.8%0.063.3%0.095.3%
Usd Price Per Share0.81-0.81-0.95-0.35-0.29-
Price to Earnings Ratio66.79-66.79--875.62--161.77--134.81-
Price-to-Total Gains Ratio41.25-41.25-5.64-23.44-23.44-
Price to Book Ratio1.79-1.79-2.12-0.78-0.65-
Price-to-Total Gains Ratio41.25-41.25-5.64-23.44-23.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.119209
Number of shares893
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.02
Usd Book Value Change Per Share0.000.04
Usd Total Gains Per Share0.020.06
Gains per Quarter (893 shares)17.4550.06
Gains per Year (893 shares)69.80200.25
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
16646059142190
21318130117283390
319713200176425590
426217270235566790
532821340293708990
6393254103528491190
7459304804119911390
85243455047011321590
95903862052812741790
106564269058714161990

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%3.02.00.060.0%3.03.00.050.0%3.03.00.050.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Fundamentals of Cobram Estate Olives Ltd

About Cobram Estate Olives Ltd

Cobram Estate Olives Limited operates as a food and agribusiness company with olive farming and milling operations in Australia and the United States. Its olive farming assets include various olive trees of freehold farmland in Australia and long-term leased and freehold properties in California. The company also owns olive tree nursery, olive mills, olive oil bottling and storage facilities, and olives laboratory. Its portfolio of olive oil brands includes Cobram Estate and Red Island. The company also exports its products. The company was formerly known as Boundary Bend Limited. Cobram Estate Olives Limited was founded in 1998 and is headquartered in Lara, Australia.

Fundamental data was last updated by Penke on 2024-02-15 18:43:03.

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 less efficient.
The company is less efficient 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 just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.1. Profitability of Cobram Estate Olives Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cobram Estate Olives Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Cobram Estate Olives Ltd to the Packaged Foods industry mean.
  • A Net Profit Margin of 4.6% means that $0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cobram Estate Olives Ltd:

  • The MRQ is 4.6%. The company is making a profit. +1
  • The TTM is 4.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.6%TTM4.6%0.0%
TTM4.6%YOY-0.5%+5.1%
TTM4.6%5Y2.4%+2.2%
5Y2.4%10Y-0.1%+2.5%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6%3.4%+1.2%
TTM4.6%2.7%+1.9%
YOY-0.5%3.1%-3.6%
5Y2.4%3.1%-0.7%
10Y-0.1%3.6%-3.7%
1.1.2. Return on Assets

Shows how efficient Cobram Estate Olives Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cobram Estate Olives Ltd to the Packaged Foods industry mean.
  • 1.3% Return on Assets means that Cobram Estate Olives Ltd generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cobram Estate Olives Ltd:

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.3%0.0%
TTM1.3%YOY-0.1%+1.4%
TTM1.3%5Y0.4%+0.8%
5Y0.4%10Y-0.4%+0.8%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%1.3%0.0%
TTM1.3%1.0%+0.3%
YOY-0.1%1.2%-1.3%
5Y0.4%1.2%-0.8%
10Y-0.4%1.2%-1.6%
1.1.3. Return on Equity

Shows how efficient Cobram Estate Olives Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cobram Estate Olives Ltd to the Packaged Foods industry mean.
  • 2.7% Return on Equity means Cobram Estate Olives Ltd generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cobram Estate Olives Ltd:

  • The MRQ is 2.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM2.7%0.0%
TTM2.7%YOY-0.2%+2.9%
TTM2.7%5Y0.4%+2.3%
5Y0.4%10Y-1.0%+1.4%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7%2.6%+0.1%
TTM2.7%2.1%+0.6%
YOY-0.2%2.3%-2.5%
5Y0.4%2.4%-2.0%
10Y-1.0%2.6%-3.6%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.2. Operating Efficiency of Cobram Estate Olives Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cobram Estate Olives Ltd is operating .

  • Measures how much profit Cobram Estate Olives 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 Cobram Estate Olives Ltd to the Packaged Foods industry mean.
  • An Operating Margin of 12.4% means the company generated $0.12  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cobram Estate Olives Ltd:

  • The MRQ is 12.4%. The company is operating less efficient.
  • The TTM is 12.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ12.4%TTM12.4%0.0%
TTM12.4%YOY5.2%+7.3%
TTM12.4%5Y9.8%+2.6%
5Y9.8%10Y6.6%+3.2%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ12.4%4.9%+7.5%
TTM12.4%3.3%+9.1%
YOY5.2%5.0%+0.2%
5Y9.8%5.2%+4.6%
10Y6.6%4.8%+1.8%
1.2.2. Operating Ratio

Measures how efficient Cobram Estate Olives Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • An Operation Ratio of 0.89 means that the operating costs are $0.89 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Cobram Estate Olives Ltd:

  • The MRQ is 0.894. The company is less efficient in keeping operating costs low.
  • The TTM is 0.894. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.894TTM0.8940.000
TTM0.894YOY1.095-0.201
TTM0.8945Y0.923-0.028
5Y0.92310Y0.919+0.004
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8941.541-0.647
TTM0.8941.520-0.626
YOY1.0951.514-0.419
5Y0.9231.446-0.523
10Y0.9191.246-0.327
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.3. Liquidity of Cobram Estate Olives Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cobram Estate Olives Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Packaged Foods industry mean).
  • A Current Ratio of 2.35 means the company has $2.35 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Cobram Estate Olives Ltd:

  • The MRQ is 2.348. The company is able to pay all its short-term debts. +1
  • The TTM is 2.348. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.348TTM2.3480.000
TTM2.348YOY3.434-1.085
TTM2.3485Y2.887-0.539
5Y2.88710Y2.910-0.024
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3481.548+0.800
TTM2.3481.602+0.746
YOY3.4341.613+1.821
5Y2.8871.658+1.229
10Y2.9101.567+1.343
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Cobram Estate Olives Ltd to the Packaged Foods industry mean.
  • A Quick Ratio of 0.45 means the company can pay off $0.45 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cobram Estate Olives Ltd:

  • The MRQ is 0.447. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.447. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.447TTM0.4470.000
TTM0.447YOY0.393+0.054
TTM0.4475Y0.501-0.054
5Y0.50110Y0.525-0.024
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4470.567-0.120
TTM0.4470.575-0.128
YOY0.3930.659-0.266
5Y0.5010.702-0.201
10Y0.5250.707-0.182
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.4. Solvency of Cobram Estate Olives Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cobram Estate Olives Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cobram Estate Olives Ltd to Packaged Foods industry mean.
  • A Debt to Asset Ratio of 0.53 means that Cobram Estate Olives Ltd assets are financed with 52.9% credit (debt) and the remaining percentage (100% - 52.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cobram Estate Olives Ltd:

  • The MRQ is 0.529. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.529. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.529TTM0.5290.000
TTM0.529YOY0.479+0.050
TTM0.5295Y0.552-0.024
5Y0.55210Y0.538+0.014
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5290.493+0.036
TTM0.5290.492+0.037
YOY0.4790.481-0.002
5Y0.5520.487+0.065
10Y0.5380.491+0.047
1.4.2. Debt to Equity Ratio

Measures if Cobram Estate Olives Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cobram Estate Olives Ltd to the Packaged Foods industry mean.
  • A Debt to Equity ratio of 112.1% means that company has $1.12 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cobram Estate Olives Ltd:

  • The MRQ is 1.121. The company is able to pay all its debts with equity. +1
  • The TTM is 1.121. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.121TTM1.1210.000
TTM1.121YOY0.918+0.203
TTM1.1215Y1.261-0.140
5Y1.26110Y1.196+0.065
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1210.972+0.149
TTM1.1210.984+0.137
YOY0.9180.949-0.031
5Y1.2611.003+0.258
10Y1.1961.078+0.118
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

2. Market Valuation of Cobram Estate Olives Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Cobram Estate Olives Ltd generates.

  • Above 15 is considered overpriced but always compare Cobram Estate Olives Ltd to the Packaged Foods industry mean.
  • A PE ratio of 66.79 means the investor is paying $66.79 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cobram Estate Olives Ltd:

  • The EOD is 92.742. Based on the earnings, the company is expensive. -2
  • The MRQ is 66.785. Based on the earnings, the company is expensive. -2
  • The TTM is 66.785. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD92.742MRQ66.785+25.957
MRQ66.785TTM66.7850.000
TTM66.785YOY-875.622+942.407
TTM66.7855Y-161.767+228.553
5Y-161.76710Y-134.806-26.961
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD92.74213.356+79.386
MRQ66.78512.637+54.148
TTM66.78512.809+53.976
YOY-875.62211.736-887.358
5Y-161.76716.296-178.063
10Y-134.80619.016-153.822
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cobram Estate Olives Ltd:

  • The EOD is -42.073. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -30.298. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -30.298. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-42.073MRQ-30.298-11.776
MRQ-30.298TTM-30.2980.000
TTM-30.298YOY-16.600-13.697
TTM-30.2985Y-9.380-20.918
5Y-9.38010Y-7.816-1.563
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD-42.0735.228-47.301
MRQ-30.2984.877-35.175
TTM-30.2982.088-32.386
YOY-16.600-0.070-16.530
5Y-9.3802.146-11.526
10Y-7.8162.096-9.912
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cobram Estate Olives Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • A PB ratio of 1.79 means the investor is paying $1.79 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Cobram Estate Olives Ltd:

  • The EOD is 2.488. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.791. Based on the equity, the company is underpriced. +1
  • The TTM is 1.791. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.488MRQ1.791+0.696
MRQ1.791TTM1.7910.000
TTM1.791YOY2.123-0.332
TTM1.7915Y0.783+1.008
5Y0.78310Y0.652+0.130
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD2.4881.448+1.040
MRQ1.7911.462+0.329
TTM1.7911.479+0.312
YOY2.1231.833+0.290
5Y0.7831.863-1.080
10Y0.6522.453-1.801
2. Total Gains per Share
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cobram Estate Olives 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--0.0020.0020%0.231-99%0.061-97%0.115-98%
Book Value Per Share--0.6890.6890%0.688+0%0.523+32%0.500+38%
Current Ratio--2.3482.3480%3.434-32%2.887-19%2.910-19%
Debt To Asset Ratio--0.5290.5290%0.479+10%0.552-4%0.538-2%
Debt To Equity Ratio--1.1211.1210%0.918+22%1.261-11%1.196-6%
Dividend Per Share--0.0280.0280%0.028+1%0.025+12%0.023+22%
Eps--0.0180.0180%-0.002+109%0.009+111%0.002+821%
Free Cash Flow Per Share---0.041-0.0410%-0.088+116%-0.051+24%-0.047+16%
Free Cash Flow To Equity Per Share--0.0180.0180%-0.054+395%-0.008+142%-0.007+138%
Gross Profit Margin--1.0001.0000%26.605-96%6.121-84%5.267-81%
Intrinsic Value_10Y_max---0.350--------
Intrinsic Value_10Y_min---0.449--------
Intrinsic Value_1Y_max---0.043--------
Intrinsic Value_1Y_min---0.050--------
Intrinsic Value_3Y_max---0.123--------
Intrinsic Value_3Y_min---0.146--------
Intrinsic Value_5Y_max---0.196--------
Intrinsic Value_5Y_min---0.238--------
Market Cap715875300.000+28%515513700.000515513700.0000%609433200.000-15%224989380.000+129%187491150.000+175%
Net Profit Margin--0.0460.0460%-0.005+111%0.024+91%-0.001+102%
Operating Margin--0.1240.1240%0.052+141%0.098+26%0.066+89%
Operating Ratio--0.8940.8940%1.095-18%0.923-3%0.919-3%
Pb Ratio2.488+28%1.7911.7910%2.123-16%0.783+129%0.652+175%
Pe Ratio92.742+28%66.78566.7850%-875.622+1411%-161.767+342%-134.806+302%
Price Per Share1.715+28%1.2351.2350%1.460-15%0.539+129%0.449+175%
Price To Free Cash Flow Ratio-42.073-39%-30.298-30.2980%-16.600-45%-9.380-69%-7.816-74%
Price To Total Gains Ratio57.279+28%41.24841.2480%5.642+631%23.445+76%23.445+76%
Quick Ratio--0.4470.4470%0.393+14%0.501-11%0.525-15%
Return On Assets--0.0130.0130%-0.001+110%0.004+185%-0.004+129%
Return On Equity--0.0270.0270%-0.002+109%0.004+552%-0.010+138%
Total Gains Per Share--0.0300.0300%0.259-88%0.086-65%0.138-78%
Usd Book Value--187811101.400187811101.4000%187315125.400+0%142434518.200+32%136212194.733+38%
Usd Book Value Change Per Share--0.0010.0010%0.151-99%0.040-97%0.075-98%
Usd Book Value Per Share--0.4500.4500%0.449+0%0.341+32%0.326+38%
Usd Dividend Per Share--0.0180.0180%0.018+1%0.016+12%0.015+22%
Usd Eps--0.0120.0120%-0.001+109%0.006+111%0.001+821%
Usd Free Cash Flow---11103989.000-11103989.0000%-23958251.200+116%-13807710.800+24%-12890807.800+16%
Usd Free Cash Flow Per Share---0.027-0.0270%-0.057+116%-0.033+24%-0.031+16%
Usd Free Cash Flow To Equity Per Share--0.0120.0120%-0.035+395%-0.005+142%-0.005+138%
Usd Market Cap467180220.780+28%336424240.620336424240.6200%397716106.320-15%146828069.388+129%122356724.490+175%
Usd Price Per Share1.119+28%0.8060.8060%0.953-15%0.352+129%0.293+175%
Usd Profit--5037419.4005037419.4000%-454209.600+109%2052949.080+145%266804.633+1788%
Usd Revenue--110259380.400110259380.4000%91114054.200+21%91553776.080+20%87914465.167+25%
Usd Total Gains Per Share--0.0200.0200%0.169-88%0.056-65%0.090-78%
 EOD+5 -3MRQTTM+0 -0YOY+24 -125Y+26 -1010Y+26 -10

3.2. Fundamental Score

Let's check the fundamental score of Cobram Estate Olives Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1592.742
Price to Book Ratio (EOD)Between0-12.488
Net Profit Margin (MRQ)Greater than00.046
Operating Margin (MRQ)Greater than00.124
Quick Ratio (MRQ)Greater than10.447
Current Ratio (MRQ)Greater than12.348
Debt to Asset Ratio (MRQ)Less than10.529
Debt to Equity Ratio (MRQ)Less than11.121
Return on Equity (MRQ)Greater than0.150.027
Return on Assets (MRQ)Greater than0.050.013
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Cobram Estate Olives Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.998
Ma 20Greater thanMa 501.684
Ma 50Greater thanMa 1001.686
Ma 100Greater thanMa 2001.529
OpenGreater thanClose1.720
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets610,461
Total Liabilities322,672
Total Stockholder Equity287,789
 As reported
Total Liabilities 322,672
Total Stockholder Equity+ 287,789
Total Assets = 610,461

Assets

Total Assets610,461
Total Current Assets140,593
Long-term Assets469,868
Total Current Assets
Cash And Cash Equivalents 13,674
Net Receivables 13,113
Inventory 107,180
Other Current Assets 314
Total Current Assets  (as reported)140,593
Total Current Assets  (calculated)134,281
+/- 6,312
Long-term Assets
Property Plant Equipment 451,869
Long Term Investments 10
Intangible Assets 6,678
Other Assets 7,697
Long-term Assets  (as reported)469,868
Long-term Assets  (calculated)466,254
+/- 3,614

Liabilities & Shareholders' Equity

Total Current Liabilities59,871
Long-term Liabilities262,801
Total Stockholder Equity287,789
Total Current Liabilities
Short-term Debt 20,016
Short Long Term Debt 20,016
Accounts payable 22,159
Other Current Liabilities 14,974
Total Current Liabilities  (as reported)59,871
Total Current Liabilities  (calculated)77,165
+/- 17,294
Long-term Liabilities
Long term Debt Total 176,652
Other Liabilities 86,149
Long-term Liabilities  (as reported)262,801
Long-term Liabilities  (calculated)262,801
+/-0
Total Stockholder Equity
Common Stock181,698
Retained Earnings 35,748
Other Stockholders Equity 70,343
Total Stockholder Equity (as reported)287,789
Total Stockholder Equity (calculated)287,789
+/-0
Other
Capital Stock181,698
Cash and Short Term Investments 13,674
Common Stock Shares Outstanding 415,773
Liabilities and Stockholders Equity 610,461
Net Debt 177,831
Net Invested Capital 479,294
Net Tangible Assets 281,111
Net Working Capital 80,722
Property Plant and Equipment Gross 575,463



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-30
> Total Assets 
0
0
301,252
402,549
390,584
448,594
550,609
610,461
610,461550,609448,594390,584402,549301,25200
   > Total Current Assets 
81,079
97,970
76,782
115,792
86,002
135,763
132,712
140,593
140,593132,712135,76386,002115,79276,78297,97081,079
       Cash And Cash Equivalents 
0
0
1,034
2,658
3,767
1,175
5,944
13,674
13,6745,9441,1753,7672,6581,03400
       Short-term Investments 
0
0
0
0
0
0
41
0
041000000
       Net Receivables 
14,631
13,739
15,316
17,542
14,565
24,912
9,203
13,113
13,1139,20324,91214,56517,54215,31613,73914,631
       Inventory 
61,557
79,996
58,441
93,110
64,444
107,657
116,022
107,180
107,180116,022107,65764,44493,11058,44179,99661,557
       Other Current Assets 
134
191
193
175
249
369
194
314
314194369249175193191134
   > Long-term Assets 
0
0
0
0
0
0
417,897
469,868
469,868417,897000000
       Property Plant Equipment 
182,654
192,464
217,667
279,949
297,677
298,321
399,073
451,869
451,869399,073298,321297,677279,949217,667192,464182,654
       Long Term Investments 
0
0
0
0
0
0
10
10
1010000000
       Intangible Assets 
0
0
6,678
6,678
6,678
6,678
6,678
6,678
6,6786,6786,6786,6786,6786,67800
       Long-term Assets Other 
0
0
0
0
0
0
12,136
0
012,136000000
> Total Liabilities 
0
0
140,203
222,784
244,494
257,982
263,580
322,672
322,672263,580257,982244,494222,784140,20300
   > Total Current Liabilities 
20,470
21,974
25,353
47,753
38,808
33,846
38,652
59,871
59,87138,65233,84638,80847,75325,35321,97420,470
       Short-term Debt 
0
0
3,813
11,129
4,907
3,795
4,165
20,016
20,0164,1653,7954,90711,1293,81300
       Short Long Term Debt 
0
0
0
0
0
0
3,925
20,016
20,0163,925000000
       Accounts payable 
10,075
10,561
13,576
18,050
18,592
14,765
17,197
22,159
22,15917,19714,76518,59218,05013,57610,56110,075
       Other Current Liabilities 
6,316
6,678
6,158
16,422
9,407
12,089
15,746
14,974
14,97415,74612,0899,40716,4226,1586,6786,316
   > Long-term Liabilities 
0
0
0
0
0
0
224,928
262,801
262,801224,928000000
       Long term Debt Total 
0
0
85,989
126,922
164,118
166,712
142,544
176,652
176,652142,544166,712164,118126,92285,98900
       Capital Lease Obligations Min Short Term Debt
0
0
-3,813
-11,129
-4,907
-3,795
1,294
-14,047
-14,0471,294-3,795-4,907-11,129-3,81300
       Long-term Liabilities Other 
0
0
0
0
0
0
7,595
6,023
6,0237,595000000
> Total Stockholder Equity
0
0
161,049
179,765
146,090
190,612
287,029
287,789
287,789287,029190,612146,090179,765161,04900
   Retained Earnings 
66,126
73,246
53,077
54,527
21,627
54,537
41,516
35,748
35,74841,51654,53721,62754,52753,07773,24666,126
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
65,757
0
065,757000000
   Capital Surplus 00000000
   Treasury Stock00000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue168,954
Cost of Revenue-151,129
Gross Profit17,82517,825
 
Operating Income (+$)
Gross Profit17,825
Operating Expense-0
Operating Income18,11917,825
 
Operating Expense (+$)
Research Development0
Selling General Administrative41,911
Selling And Marketing Expenses0
Operating Expense041,911
 
Net Interest Income (+$)
Interest Income7,966
Interest Expense-8,327
Other Finance Cost-7,652
Net Interest Income-8,013
 
Pretax Income (+$)
Operating Income18,119
Net Interest Income-8,013
Other Non-Operating Income Expenses0
Income Before Tax (EBT)14,31013,566
EBIT - interestExpense = 12,657
14,310
16,046
Interest Expense8,327
Earnings Before Interest and Taxes (EBIT)20,98422,637
Earnings Before Interest and Taxes (EBITDA)40,722
 
After tax Income (+$)
Income Before Tax14,310
Tax Provision-6,591
Net Income From Continuing Ops7,7197,719
Net Income7,719
Net Income Applicable To Common Shares7,719
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,197
Total Other Income/Expenses Net4,5538,013
 

Technical Analysis of Cobram Estate Olives 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 Cobram Estate Olives Ltd. The general trend of Cobram Estate Olives Ltd is BULLISH with 71.4% 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 Cobram Estate Olives 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 (71.4%) Bearish trend (-71.4%)
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 Cobram Estate Olives Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1.75 < 1.775 < 1.78.

The bearish price targets are: 1.5823909967846 > 1.57 > 1.565.

Tweet this
Cobram Estate Olives 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 Cobram Estate Olives Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

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

Directionalities and relatives.

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

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

Cobram Estate Olives 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 Cobram Estate Olives Ltd. The current macd is 0.01777614.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cobram Estate Olives Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Cobram Estate Olives Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Cobram Estate Olives Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Cobram Estate Olives Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCobram Estate Olives 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 Cobram Estate Olives Ltd. The current adx is 13.45.

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 Cobram Estate Olives 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
Cobram Estate Olives 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 Cobram Estate Olives Ltd. The current sar is 1.5736.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Cobram Estate Olives Ltd Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Cobram Estate Olives Ltd. The current rsi is 56.00. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Cobram Estate Olives Ltd Daily Relative Strength Index (RSI) ChartCobram Estate Olives 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 Cobram Estate Olives Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Cobram Estate Olives Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Cobram Estate Olives Ltd Daily Stochastic Oscillator ChartCobram Estate Olives 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 Cobram Estate Olives Ltd. The current cci is 101.53.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Cobram Estate Olives Ltd Daily Commodity Channel Index (CCI) ChartCobram Estate Olives 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 Cobram Estate Olives Ltd. The current cmo is 12.69.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Cobram Estate Olives Ltd Daily Chande Momentum Oscillator (CMO) ChartCobram Estate Olives 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 Cobram Estate Olives Ltd. The current willr is -19.44444444.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Cobram Estate Olives Ltd Daily Williams %R ChartCobram Estate Olives Ltd Daily Williams %R Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Cobram Estate Olives Ltd.

Cobram Estate Olives 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 Cobram Estate Olives Ltd. The current atr is 0.05006931.

Cobram Estate Olives Ltd Daily Average True Range (ATR) ChartCobram Estate Olives Ltd Daily Average True Range (ATR) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Cobram Estate Olives Ltd. The current obv is 1,655,854.

Cobram Estate Olives Ltd Daily On-Balance Volume (OBV) ChartCobram Estate Olives 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 Cobram Estate Olives Ltd. The current mfi is 57.21.

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

  • MFI > 50: +1
Cobram Estate Olives Ltd Daily Money Flow Index (MFI) ChartCobram Estate Olives Ltd Daily Money Flow Index (MFI) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cobram Estate Olives Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-16MACD 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.
2023-10-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-24STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-14DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30STOCH 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).
2023-12-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05DMI 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.
2023-12-06DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CMO 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).
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-16DMI 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).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-31DMI 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.
2024-02-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-02WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-23DMI 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
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside

6.3. Candlestick Patterns

Cobram Estate Olives Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cobram Estate Olives Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.998
Ma 20Greater thanMa 501.684
Ma 50Greater thanMa 1001.686
Ma 100Greater thanMa 2001.529
OpenGreater thanClose1.720
Total4/5 (80.0%)
Penke

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

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

Get notifications about Cobram Estate Olives Ltd

I send you an email if I find something interesting about Cobram Estate Olives Ltd.


Comments

How you think about this?

Leave a comment
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Stay informed about Cobram Estate Olives Ltd.

Receive notifications about Cobram Estate Olives Ltd in your mailbox!