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Champion Iron Ltd
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Let's analyse Champion Iron Ltd together

PenkeI guess you are interested in Champion Iron 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 Champion Iron 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.

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Quick analysis of Champion Iron Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.28
When do you have the money?
1 year
How often do you get paid?
37.5%

What is your share worth?

Current worth
A$2.91
Expected worth in 1 year
A$3.32
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.85
Return On Investment
12.9%

For what price can you sell your share?

Current Price per Share
A$6.59
Expected price per share
A$5.884309492635 - A$7.45
How sure are you?
50%

1. Valuation of Champion Iron Ltd (5 min.)




Live pricePrice per Share (EOD)

A$6.59

Intrinsic Value Per Share

A$-7.03 - A$-8.51

Total Value Per Share

A$-4.12 - A$-5.60

2. Growth of Champion Iron Ltd (5 min.)




Is Champion Iron Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$995.3m$845.7m$89.9m9.6%

How much money is Champion Iron Ltd making?

Current yearPrevious yearGrowGrow %
Making money$53.8m$27.9m$25.8m48.1%
Net Profit Margin16.6%12.7%--

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

3. Financial Health of Champion Iron Ltd (5 min.)




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




  Industry Rankings (Steel)  


Richest
#87 / 328

Most Revenue
#152 / 328

Most Profit
#75 / 328

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

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

What can you expect buying and holding a share of Champion Iron Ltd?

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

Speculation

The Price per Share of Champion Iron Ltd is A$6.59. 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 Champion Iron 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 Champion Iron 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$2.91. Based on the TTM, the Book Value Change Per Share is A$0.10 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.04 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$0.11 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Champion Iron 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 Eps0.172.6%0.101.5%0.081.2%0.101.6%0.050.7%
Usd Book Value Change Per Share0.101.6%0.071.0%0.020.3%0.081.2%0.050.7%
Usd Dividend Per Share0.071.1%0.071.1%0.071.1%0.030.5%0.020.3%
Usd Total Gains Per Share0.172.6%0.142.1%0.091.4%0.111.7%0.061.0%
Usd Price Per Share5.43-4.52-4.10-3.16-1.78-
Price to Earnings Ratio7.80-17.88-17.20-18.23-5.34-
Price-to-Total Gains Ratio31.25--6.28-46.79-5.94--10.29-
Price to Book Ratio2.88-2.54-2.56-2.89-3.01-
Price-to-Total Gains Ratio31.25--6.28-46.79-5.94--10.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.265048
Number of shares234
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.070.03
Usd Book Value Change Per Share0.070.08
Usd Total Gains Per Share0.140.11
Gains per Quarter (234 shares)32.1926.88
Gains per Year (234 shares)128.74107.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
16762119327698
213312424863152206
320018737795228314
4266249506126304422
5333311635158380530
6399373764189456638
7466435893221532746
85324981022253608854
95995601151284683962
1066562212803167591070

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%23.017.00.057.5%23.017.00.057.5%
Book Value Change Per Share3.01.00.075.0%8.03.01.066.7%16.03.01.080.0%22.017.01.055.0%22.017.01.055.0%
Dividend per Share3.00.01.075.0%11.00.01.091.7%15.00.05.075.0%15.00.025.037.5%15.00.025.037.5%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%18.02.00.090.0%24.016.00.060.0%24.016.00.060.0%

Fundamentals of Champion Iron Ltd

About Champion Iron Ltd

Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. Champion Iron Limited is headquartered in Rozelle, Australia.

Fundamental data was last updated by Penke on 2024-04-13 09:21:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Champion Iron Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Champion Iron Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • A Net Profit Margin of 24.9% means that $0.25 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Champion Iron Ltd:

  • The MRQ is 24.9%. The company is making a huge profit. +2
  • The TTM is 16.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ24.9%TTM16.6%+8.3%
TTM16.6%YOY12.7%+3.9%
TTM16.6%5Y20.6%-3.9%
5Y20.6%10Y-32,088.2%+32,108.8%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ24.9%2.8%+22.1%
TTM16.6%3.0%+13.6%
YOY12.7%4.8%+7.9%
5Y20.6%3.7%+16.9%
10Y-32,088.2%2.7%-32,090.9%
1.1.2. Return on Assets

Shows how efficient Champion Iron Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • 4.8% Return on Assets means that Champion Iron Ltd generated $0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Champion Iron Ltd:

  • The MRQ is 4.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.8%TTM3.0%+1.8%
TTM3.0%YOY1.8%+1.2%
TTM3.0%5Y4.7%-1.7%
5Y4.7%10Y0.3%+4.4%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%1.3%+3.5%
TTM3.0%1.4%+1.6%
YOY1.8%2.4%-0.6%
5Y4.7%1.7%+3.0%
10Y0.3%1.2%-0.9%
1.1.3. Return on Equity

Shows how efficient Champion Iron Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • 9.2% Return on Equity means Champion Iron Ltd generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Champion Iron Ltd:

  • The MRQ is 9.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.2%TTM5.7%+3.6%
TTM5.7%YOY3.3%+2.3%
TTM5.7%5Y9.4%-3.7%
5Y9.4%10Y1.7%+7.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%2.6%+6.6%
TTM5.7%2.6%+3.1%
YOY3.3%5.2%-1.9%
5Y9.4%3.5%+5.9%
10Y1.7%2.3%-0.6%

1.2. Operating Efficiency of Champion Iron Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Champion Iron Ltd is operating .

  • Measures how much profit Champion Iron 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 Champion Iron Ltd to the Steel industry mean.
  • An Operating Margin of 41.8% means the company generated $0.42  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Champion Iron Ltd:

  • The MRQ is 41.8%. The company is operating very efficient. +2
  • The TTM is 29.7%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ41.8%TTM29.7%+12.1%
TTM29.7%YOY24.2%+5.5%
TTM29.7%5Y38.4%-8.6%
5Y38.4%10Y-35,806.9%+35,845.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ41.8%6.0%+35.8%
TTM29.7%4.1%+25.6%
YOY24.2%6.6%+17.6%
5Y38.4%5.7%+32.7%
10Y-35,806.9%4.4%-35,811.3%
1.2.2. Operating Ratio

Measures how efficient Champion Iron Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 0.58 means that the operating costs are $0.58 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Champion Iron Ltd:

  • The MRQ is 0.583. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.700. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.583TTM0.700-0.117
TTM0.700YOY0.758-0.057
TTM0.7005Y0.586+0.115
5Y0.58610Y640.968-640.383
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5831.716-1.133
TTM0.7001.652-0.952
YOY0.7581.493-0.735
5Y0.5861.522-0.936
10Y640.9681.394+639.574

1.3. Liquidity of Champion Iron Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Champion Iron Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 2.85 means the company has $2.85 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Champion Iron Ltd:

  • The MRQ is 2.847. The company is able to pay all its short-term debts. +1
  • The TTM is 3.018. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.847TTM3.018-0.171
TTM3.018YOY2.590+0.428
TTM3.0185Y2.814+0.204
5Y2.81410Y5.722-2.908
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8471.701+1.146
TTM3.0181.743+1.275
YOY2.5901.638+0.952
5Y2.8141.608+1.206
10Y5.7221.471+4.251
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • A Quick Ratio of 1.80 means the company can pay off $1.80 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Champion Iron Ltd:

  • The MRQ is 1.799. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.904. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.799TTM1.904-0.106
TTM1.904YOY1.832+0.072
TTM1.9045Y2.252-0.347
5Y2.25210Y7.109-4.857
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7990.573+1.226
TTM1.9040.612+1.292
YOY1.8320.693+1.139
5Y2.2520.680+1.572
10Y7.1090.629+6.480

1.4. Solvency of Champion Iron Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Champion Iron Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Champion Iron Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.48 means that Champion Iron Ltd assets are financed with 48.0% credit (debt) and the remaining percentage (100% - 48.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Champion Iron Ltd:

  • The MRQ is 0.480. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.467. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.480TTM0.467+0.013
TTM0.467YOY0.443+0.024
TTM0.4675Y0.492-0.025
5Y0.49210Y0.415+0.077
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4800.449+0.031
TTM0.4670.455+0.012
YOY0.4430.480-0.037
5Y0.4920.487+0.005
10Y0.4150.510-0.095
1.4.2. Debt to Equity Ratio

Measures if Champion Iron Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • A Debt to Equity ratio of 92.3% means that company has $0.92 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Champion Iron Ltd:

  • The MRQ is 0.923. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.878. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.923TTM0.878+0.045
TTM0.878YOY0.798+0.080
TTM0.8785Y1.118-0.239
5Y1.11810Y1.246-0.128
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9230.823+0.100
TTM0.8780.844+0.034
YOY0.7980.938-0.140
5Y1.1180.996+0.122
10Y1.2461.193+0.053

2. Market Valuation of Champion Iron 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 Champion Iron Ltd generates.

  • Above 15 is considered overpriced but always compare Champion Iron Ltd to the Steel industry mean.
  • A PE ratio of 7.80 means the investor is paying $7.80 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Champion Iron Ltd:

  • The EOD is 6.127. Based on the earnings, the company is cheap. +2
  • The MRQ is 7.801. Based on the earnings, the company is underpriced. +1
  • The TTM is 17.880. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD6.127MRQ7.801-1.674
MRQ7.801TTM17.880-10.080
TTM17.880YOY17.202+0.678
TTM17.8805Y18.226-0.346
5Y18.22610Y5.344+12.882
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD6.1278.313-2.186
MRQ7.8017.863-0.062
TTM17.8807.341+10.539
YOY17.2026.916+10.286
5Y18.2268.615+9.611
10Y5.34411.257-5.913
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 12.904. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 16.429. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -11.189. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD12.904MRQ16.429-3.525
MRQ16.429TTM-11.189+27.618
TTM-11.189YOY11.648-22.837
TTM-11.1895Y1.056-12.245
5Y1.05610Y5.587-4.532
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD12.9043.541+9.363
MRQ16.4293.065+13.364
TTM-11.1892.611-13.800
YOY11.6481.922+9.726
5Y1.0561.548-0.492
10Y5.5872.114+3.473
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 2.88 means the investor is paying $2.88 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Champion Iron Ltd:

  • The EOD is 2.262. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.880. Based on the equity, the company is underpriced. +1
  • The TTM is 2.540. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.262MRQ2.880-0.618
MRQ2.880TTM2.540+0.340
TTM2.540YOY2.556-0.016
TTM2.5405Y2.888-0.348
5Y2.88810Y3.015-0.127
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD2.2621.021+1.241
MRQ2.8800.921+1.959
TTM2.5400.927+1.613
YOY2.5561.051+1.505
5Y2.8881.047+1.841
10Y3.0151.122+1.893
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Funds holding Champion Iron Ltd

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Champion Iron 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--0.1580.103+54%0.035+349%0.125+26%0.073+118%
Book Value Per Share--2.9132.739+6%2.480+17%1.825+60%1.021+185%
Current Ratio--2.8473.018-6%2.590+10%2.814+1%5.722-50%
Debt To Asset Ratio--0.4800.467+3%0.443+8%0.492-2%0.415+16%
Debt To Equity Ratio--0.9230.878+5%0.798+16%1.118-17%1.246-26%
Dividend Per Share--0.1100.110+0%0.110+0%0.052+111%0.026+322%
Eps--0.2690.158+71%0.121+122%0.160+68%0.075+257%
Free Cash Flow Per Share--0.1280.136-6%-0.189+248%0.062+104%0.022+479%
Free Cash Flow To Equity Per Share--0.1660.128+29%-0.221+234%0.034+387%0.027+509%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---8.514--------
Intrinsic Value_10Y_min---7.034--------
Intrinsic Value_1Y_max---0.047--------
Intrinsic Value_1Y_min---0.046--------
Intrinsic Value_3Y_max---0.756--------
Intrinsic Value_3Y_min---0.710--------
Intrinsic Value_5Y_max---2.206--------
Intrinsic Value_5Y_min---1.995--------
Market Cap3415293965.440-30%4429659910.0003683322532.500+20%3339293575.000+33%2561322365.264+73%1442952427.742+207%
Net Profit Margin--0.2490.166+50%0.127+96%0.206+21%-320.882+128718%
Operating Margin--0.4180.297+41%0.242+73%0.384+9%-358.069+85668%
Operating Ratio--0.5830.700-17%0.758-23%0.5860%640.968-100%
Pb Ratio2.262-27%2.8802.540+13%2.556+13%2.8880%3.015-4%
Pe Ratio6.127-27%7.80117.880-56%17.202-55%18.226-57%5.344+46%
Price Per Share6.590-27%8.3906.978+20%6.335+32%4.887+72%2.756+204%
Price To Free Cash Flow Ratio12.904-27%16.429-11.189+168%11.648+41%1.056+1456%5.587+194%
Price To Total Gains Ratio24.546-27%31.250-6.278+120%46.792-33%5.942+426%-10.294+133%
Quick Ratio--1.7991.904-6%1.832-2%2.252-20%7.109-75%
Return On Assets--0.0480.030+59%0.018+160%0.047+3%0.003+1754%
Return On Equity--0.0920.057+63%0.033+179%0.094-2%0.017+444%
Total Gains Per Share--0.2680.213+26%0.145+85%0.177+51%0.099+172%
Usd Book Value--995344303.812935759480.758+6%845780847.129+18%619414790.568+61%346050628.526+188%
Usd Book Value Change Per Share--0.1030.066+54%0.023+349%0.081+26%0.047+118%
Usd Book Value Per Share--1.8851.773+6%1.605+17%1.181+60%0.661+185%
Usd Dividend Per Share--0.0710.071+0%0.071+0%0.034+111%0.017+322%
Usd Eps--0.1740.102+71%0.079+122%0.104+68%0.049+257%
Usd Free Cash Flow--43624771.25646637760.504-6%-64571658.103+248%20924727.173+108%7377417.224+491%
Usd Free Cash Flow Per Share--0.0830.088-6%-0.122+248%0.040+104%0.014+479%
Usd Free Cash Flow To Equity Per Share--0.1070.083+29%-0.143+234%0.022+387%0.018+509%
Usd Market Cap2210378254.433-30%2866875893.7522383846343.034+20%2161190801.740+33%1657687834.799+73%933878811.235+207%
Usd Price Per Share4.265-27%5.4304.516+20%4.100+32%3.163+72%1.784+204%
Usd Profit--91880551.30553876527.112+71%27980040.734+228%51594407.537+78%24229500.816+279%
Usd Revenue--368279993.448300705699.387+22%219870474.593+67%226846957.835+62%122016329.011+202%
Usd Total Gains Per Share--0.1740.138+26%0.094+85%0.115+51%0.064+172%
 EOD+4 -4MRQTTM+25 -10YOY+28 -75Y+31 -410Y+29 -6

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.127
Price to Book Ratio (EOD)Between0-12.262
Net Profit Margin (MRQ)Greater than00.249
Operating Margin (MRQ)Greater than00.418
Quick Ratio (MRQ)Greater than11.799
Current Ratio (MRQ)Greater than12.847
Debt to Asset Ratio (MRQ)Less than10.480
Debt to Equity Ratio (MRQ)Less than10.923
Return on Equity (MRQ)Greater than0.150.092
Return on Assets (MRQ)Greater than0.050.048
Total7/10 (70.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.128
Ma 20Greater thanMa 507.044
Ma 50Greater thanMa 1007.514
Ma 100Greater thanMa 2007.753
OpenGreater thanClose6.820
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets2,634,696
Total Liabilities1,264,730
Total Stockholder Equity1,369,966
 As reported
Total Liabilities 1,264,730
Total Stockholder Equity+ 1,369,966
Total Assets = 2,634,696

Assets

Total Assets2,634,696
Total Current Assets900,116
Long-term Assets1,734,580
Total Current Assets
Cash And Cash Equivalents 387,373
Net Receivables 181,208
Inventory 284,094
Other Current Assets 47,441
Total Current Assets  (as reported)900,116
Total Current Assets  (calculated)900,116
+/-0
Long-term Assets
Property Plant Equipment 1,622,399
Long Term Investments 14,162
Long-term Assets Other 9,120
Long-term Assets  (as reported)1,734,580
Long-term Assets  (calculated)1,645,681
+/- 88,899

Liabilities & Shareholders' Equity

Total Current Liabilities316,127
Long-term Liabilities948,603
Total Stockholder Equity1,369,966
Total Current Liabilities
Short-term Debt 36,944
Accounts payable 203,390
Other Current Liabilities 75,793
Total Current Liabilities  (as reported)316,127
Total Current Liabilities  (calculated)316,127
+/-0
Long-term Liabilities
Long term Debt 504,595
Capital Lease Obligations 74,872
Long-term Liabilities Other 14,576
Long-term Liabilities  (as reported)948,603
Long-term Liabilities  (calculated)594,043
+/- 354,560
Total Stockholder Equity
Common Stock408,713
Retained Earnings 920,845
Accumulated Other Comprehensive Income 457
Other Stockholders Equity 39,951
Total Stockholder Equity (as reported)1,369,966
Total Stockholder Equity (calculated)1,369,966
+/-0
Other
Capital Stock408,713
Cash and Short Term Investments 387,373
Common Stock Shares Outstanding 527,969
Liabilities and Stockholders Equity 2,634,696
Net Debt 223,487
Net Invested Capital 1,874,561
Net Working Capital 583,989
Property Plant and Equipment Gross 1,930,514
Short Long Term Debt Total 610,860



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-30
> Total Assets 
0
0
0
127,820
121,300
117,534
115,647
93,364
92,466
90,541
89,411
85,494
148,498
141,360
134,523
173,222
178,539
196,920
302,833
401,716
477,513
582,637
617,047
672,017
798,614
773,157
797,859
882,598
1,002,307
1,072,906
1,265,122
1,496,906
1,657,646
1,773,545
1,923,774
2,014,813
2,014,813
2,156,323
2,189,347
2,315,269
2,322,676
2,407,938
2,634,696
2,634,6962,407,9382,322,6762,315,2692,189,3472,156,3232,014,8132,014,8131,923,7741,773,5451,657,6461,496,9061,265,1221,072,9061,002,307882,598797,859773,157798,614672,017617,047582,637477,513401,716302,833196,920178,539173,222134,523141,360148,49885,49489,41190,54192,46693,364115,647117,534121,300127,820000
   > Total Current Assets 
0
0
0
26,623
18,295
14,127
12,433
9,263
8,394
6,920
5,568
4,110
36,167
31,331
24,078
20,600
20,904
8,937
60,329
115,093
186,583
268,100
293,957
314,683
418,580
360,522
341,684
401,549
501,647
550,338
651,667
807,539
787,495
707,061
665,133
539,460
539,460
610,647
612,167
738,019
718,900
744,164
900,116
900,116744,164718,900738,019612,167610,647539,460539,460665,133707,061787,495807,539651,667550,338501,647401,549341,684360,522418,580314,683293,957268,100186,583115,09360,3298,93720,90420,60024,07831,33136,1674,1105,5686,9208,3949,26312,43314,12718,29526,623000
       Cash And Cash Equivalents 
0
0
0
16,222
7,031
5,600
4,590
1,347
1,770
717
231
294
4,911
774
123
1,863
2,221
1,315
48,761
7,895
71,679
97,866
167,821
135,424
192,976
193,753
170,275
281,363
330,215
408,500
489,640
609,316
393,557
491,333
468,082
155,924
155,924
276,858
165,986
326,806
250,340
316,530
387,373
387,373316,530250,340326,806165,986276,858155,924155,924468,082491,333393,557609,316489,640408,500330,215281,363170,275193,753192,976135,424167,82197,86671,6797,89548,7611,3152,2211,8631237744,9112942317171,7701,3474,5905,6007,03116,222000
       Short-term Investments 
0
0
0
66
66
166
100
1,300
4,100
3,100
2,900
1,377
29,027
26,594
20,950
11,466
16,019
2,255
3,144
17,291
17,291
17,759
17,627
17,907
17,704
17,291
17,291
17,291
17,291
17,291
17,560
27,200
29,775
31,588
30,949
31,161
31,161
562
312
312
0
0
0
00031231256231,16131,16130,94931,58829,77527,20017,56017,29117,29117,29117,29117,29117,70417,90717,62717,75917,29117,2913,1442,25516,01911,46620,95026,59429,0271,3772,9003,1004,1001,3001001666666000
       Net Receivables 
0
0
0
10,184
11,008
8,166
7,483
5,428
1,312
1,214
456
403
485
2,212
1,478
6,992
1,290
3,126
7,122
25,840
45,105
108,180
50,370
93,012
148,831
71,634
82,984
31,249
84,458
46,340
71,171
98,755
283,336
96,433
65,006
184,969
184,969
151,529
223,976
200,180
140,227
137,586
181,208
181,208137,586140,227200,180223,976151,529184,969184,96965,00696,433283,33698,75571,17146,34084,45831,24982,98471,634148,83193,01250,370108,18045,10525,8407,1223,1261,2906,9921,4782,2124854034561,2141,3125,4287,4838,16611,00810,184000
       Other Current Assets 
0
0
0
151
190
195
260
1,188
1,212
1,888
1,981
2,036
1,743
1,751
1,527
279
1,374
2,242
1,238
15,898
20,256
14,653
20,906
24,186
11,031
16,459
13,532
13,035
10,400
11,307
6,308
5,454
11,177
14,736
18,715
44,221
44,221
50,861
47,711
43,051
116,700
37,232
47,441
47,44137,232116,70043,05147,71150,86144,22144,22118,71514,73611,1775,4546,30811,30710,40013,03513,53216,45911,03124,18620,90614,65320,25615,8981,2382,2421,3742791,5271,7511,7432,0361,9811,8881,2121,188260195190151000
   > Long-term Assets 
0
0
0
101,197
103,006
103,408
103,214
84,101
84,072
83,622
83,843
81,384
112,331
110,029
110,444
152,622
157,635
187,983
242,504
286,623
290,931
314,537
323,090
357,334
380,034
412,635
456,175
481,349
500,660
522,568
613,455
689,367
870,151
1,066,484
1,258,641
1,475,353
1,475,353
1,545,676
1,577,180
1,577,250
1,603,776
1,663,774
1,734,580
1,734,5801,663,7741,603,7761,577,2501,577,1801,545,6761,475,3531,475,3531,258,6411,066,484870,151689,367613,455522,568500,660481,349456,175412,635380,034357,334323,090314,537290,931286,623242,504187,983157,635152,622110,444110,029112,33181,38483,84383,62284,07284,101103,214103,408103,006101,197000
       Property Plant Equipment 
0
0
0
88,135
91,368
92,352
92,592
69,892
70,269
70,337
70,626
68,230
99,982
99,652
99,488
139,476
142,087
156,546
187,312
243,956
252,056
266,460
281,963
305,631
327,527
380,027
424,601
447,365
464,941
483,458
524,004
581,091
712,090
900,806
1,068,283
1,283,546
1,283,546
1,341,904
1,377,787
1,379,095
1,406,366
1,554,990
1,622,399
1,622,3991,554,9901,406,3661,379,0951,377,7871,341,9041,283,5461,283,5461,068,283900,806712,090581,091524,004483,458464,941447,365424,601380,027327,527305,631281,963266,460252,056243,956187,312156,546142,087139,47699,48899,65299,98268,23070,62670,33770,26969,89292,59292,35291,36888,135000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,474
2,550
2,698
2,703
2,270
1,825
1,056
2,275
2,653
2,628
2,224
2,010
1,546
4,013
5,156
7,831
8,761
3,894
1,283
5,397
14,158
14,600
14,941
14,763
14,751
11,524
11,768
14,162
14,16211,76811,52414,75114,76314,94114,60014,1585,3971,2833,8948,7617,8315,1564,0131,5462,0102,2242,6282,6532,2751,0561,8252,2702,7032,6982,5502,474000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
657
777
900
900
0
0
0
0
0
0
0
0
0
0
0
6,257
9,585
9,009
8,365
8,545
8,859
8,075
7,530
7,866
7,080
6,433
0
06,4337,0807,8667,5308,0758,8598,5458,3659,0099,5856,257000000000009009007776570000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,672
12,342
27,962
51,589
39,497
37,049
47,022
38,852
44,129
49,879
30,384
29,564
32,438
31,706
33,954
81,620
93,258
144,582
155,386
176,596
195,492
168,348
180,756
177,100
175,538
178,806
90,583
0
090,583178,806175,538177,100180,756168,348195,492176,596155,386144,58293,25881,62033,95431,70632,43829,56430,38449,87944,12938,85247,02237,04939,49751,58927,96212,34210,672000000000000000
> Total Liabilities 
0
0
0
24,923
21,326
19,914
19,607
2,022
1,858
1,344
892
1,179
25,852
26,441
26,824
78,444
91,004
116,348
212,387
347,268
402,555
437,550
429,773
456,295
504,701
463,279
455,191
505,976
546,550
521,142
580,812
643,889
620,767
747,456
827,728
860,710
860,710
982,477
1,014,956
1,052,565
1,094,584
1,116,880
1,264,730
1,264,7301,116,8801,094,5841,052,5651,014,956982,477860,710860,710827,728747,456620,767643,889580,812521,142546,550505,976455,191463,279504,701456,295429,773437,550402,555347,268212,387116,34891,00478,44426,82426,44125,8521,1798921,3441,8582,02219,60719,91421,32624,923000
   > Total Current Liabilities 
0
0
0
5,923
2,326
914
607
1,422
1,558
1,044
592
879
891
1,315
1,534
7,662
18,932
43,397
77,351
109,410
118,138
134,886
134,385
114,608
146,774
129,535
125,416
112,919
179,734
174,765
205,442
293,767
252,198
321,972
332,408
222,624
222,624
213,196
231,039
205,658
258,679
260,534
316,127
316,127260,534258,679205,658231,039213,196222,624222,624332,408321,972252,198293,767205,442174,765179,734112,919125,416129,535146,774114,608134,385134,886118,138109,41077,35143,39718,9327,6621,5341,3158918795921,0441,5581,4226079142,3265,923000
       Short-term Debt 
0
0
0
66
66
166
100
1,300
4,100
3,100
2,900
1,377
29,027
26,594
20,950
5,995
13,648
24,999
9,485
46,282
46,641
73,414
71,497
35,852
31,604
17,291
17,291
988
20,442
40,017
17,560
501
14,873
32,578
55,096
20,301
20,301
18,876
23,663
40,491
29,506
29,792
36,944
36,94429,79229,50640,49123,66318,87620,30120,30155,09632,57814,87350117,56040,01720,44298817,29117,29131,60435,85271,49773,41446,64146,2829,48524,99913,6485,99520,95026,59429,0271,3772,9003,1004,1001,3001001666666000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,608
50,321
60,267
104,500
36,438
37,212
63,693
71,497
35,852
31,604
0
0
0
20,442
0
0
0
14,873
32,578
55,096
71,995
16,096
18,876
23,663
27,080
0
29,792
0
029,792027,08023,66318,87616,09671,99555,09632,57814,87300020,44200031,60435,85271,49763,69337,21236,438104,50060,26750,32143,608000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,668
3,857
17,666
40,281
45,330
61,583
42,243
37,157
37,478
61,808
76,011
79,744
44,491
57,076
60,364
89,505
83,395
141,545
194,198
228,636
202,323
202,323
194,320
207,376
135,318
226,453
221,913
203,390
203,390221,913226,453135,318207,376194,320202,323202,323228,636194,198141,54583,39589,50560,36457,07644,49179,74476,01161,80837,47837,15742,24361,58345,33040,28117,6663,8571,668000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
250
250
0
0
0
0
0
0
1,427
732
27,584
17,798
9,914
19,230
25,731
41,278
53,362
53,524
45,672
67,440
101,203
73,480
115,937
209,871
95,780
3,775
1,024
52,508
3,492
0
0
29,849
48,593
8,829
75,793
75,7938,82948,59329,849003,49252,5081,0243,77595,780209,871115,93773,480101,20367,44045,67253,52453,36241,27825,73119,2309,91417,79827,5847321,42700000025025000000000
   > Long-term Liabilities 
0
0
0
19,000
19,000
19,000
19,000
600
300
300
300
300
24,961
25,126
25,291
70,782
72,071
72,951
135,037
237,859
284,417
302,664
295,388
341,687
357,927
333,744
329,775
393,057
366,816
346,377
375,370
350,122
368,569
425,484
495,320
638,086
638,086
769,281
783,917
846,907
835,905
856,346
948,603
948,603856,346835,905846,907783,917769,281638,086638,086495,320425,484368,569350,122375,370346,377366,816393,057329,775333,744357,927341,687295,388302,664284,417237,859135,03772,95172,07170,78225,29125,12624,96130030030030060019,00019,00019,00019,000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
194,027
230,299
225,766
277,870
246,474
221,471
243,818
216,352
227,226
233,325
280,954
303,054
400,408
512,029
495,764
521,631
510,349
517,299
0
0517,299510,349521,631495,764512,029400,408303,054280,954233,325227,226216,352243,818221,471246,474277,870225,766230,299194,027000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,169
35,399
37,684
40,022
82,617
87,991
88,993
78,773
136,582
163,900
103,445
104,009
115,187
120,342
124,906
131,552
133,770
141,343
192,159
214,366
237,588
237,678
257,252
288,153
0
325,556
0
0
00325,5560288,153257,252237,678237,588214,366192,159141,343133,770131,552124,906120,342115,187104,009103,445163,900136,58278,77388,99387,99182,61740,02237,68435,39933,169000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,916
0
0
007,9160000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
102,897
99,974
97,621
96,039
91,343
90,608
89,197
88,519
84,316
110,653
105,230
100,334
92,415
87,553
80,088
80,472
53,625
64,406
108,574
141,233
150,346
193,047
309,878
342,668
376,622
455,757
551,764
684,310
853,017
1,036,879
1,026,089
1,096,046
1,154,103
1,154,103
1,173,846
1,174,391
1,262,704
1,228,092
1,291,058
1,369,966
1,369,9661,291,0581,228,0921,262,7041,174,3911,173,8461,154,1031,154,1031,096,0461,026,0891,036,879853,017684,310551,764455,757376,622342,668309,878193,047150,346141,233108,57464,40653,62580,47280,08887,55392,415100,334105,230110,65384,31688,51989,19790,60891,34396,03997,62199,974102,897000
   Common Stock
0
0
0
171,420
171,420
171,420
171,420
171,420
173,233
174,510
174,510
174,510
201,990
201,990
201,990
201,990
202,850
202,850
222,464
224,336
224,761
227,279
237,969
237,969
242,471
403,260
406,659
431,556
435,656
436,124
480,568
515,970
487,003
379,395
379,395
400,780
400,780
401,282
401,282
401,282
401,282
401,911
408,713
408,713401,911401,282401,282401,282401,282400,780400,780379,395379,395487,003515,970480,568436,124435,656431,556406,659403,260242,471237,969237,969227,279224,761224,336222,464202,850202,850201,990201,990201,990201,990174,510174,510174,510173,233171,420171,420171,420171,420171,420000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
-148
-275
-519
-429
-427
-419
-301
41
7
-44
-76
588
-155
2,828
2,791
578
-101
454
397
420
423
397
428
381
424
451
462
530
550
513
519
496
496
429
433
430
455
431
457
457431455430433429496496519513550530462451424381428397423420397454-1015782,7912,828-155588-76-44741-301-419-427-429-519-275-1480000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,513
22,915
22,091
21,100
20,536
20,864
19,959
22,309
23,313
25,253
27,207
21,339
21,829
21,792
22,697
22,796
23,263
20,343
0
020,34323,26322,79622,69721,79221,82921,33927,20725,25323,31322,30919,95920,86420,53621,10022,09122,91522,513000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
588
-155
2,828
20,521
18,308
17,629
18,184
18,127
18,150
423
397
84,020
75,717
75,760
75,787
70,760
52,282
53,286
55,226
57,180
44,302
44,302
44,080
44,985
45,084
-1,182,086
42,631
39,951
39,95142,631-1,182,08645,08444,98544,08044,30244,30257,18055,22653,28652,28270,76075,78775,76075,71784,02039742318,15018,12718,18417,62918,30820,5212,828-155588000000000000000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,395,088
Cost of Revenue-943,806
Gross Profit451,282451,282
 
Operating Income (+$)
Gross Profit451,282
Operating Expense-79,972
Operating Income371,310371,310
 
Operating Expense (+$)
Research Development11,863
Selling General Administrative60,993
Selling And Marketing Expenses-
Operating Expense79,97272,856
 
Net Interest Income (+$)
Interest Income25,216
Interest Expense-14,088
Other Finance Cost-29,495
Net Interest Income-18,367
 
Pretax Income (+$)
Operating Income371,310
Net Interest Income-18,367
Other Non-Operating Income Expenses-
Income Before Tax (EBT)346,545377,708
EBIT - interestExpense = 352,996
346,545
214,795
Interest Expense14,088
Earnings Before Interest and Taxes (EBIT)367,084360,633
Earnings Before Interest and Taxes (EBITDA)488,128
 
After tax Income (+$)
Income Before Tax346,545
Tax Provision-145,838
Net Income From Continuing Ops200,707200,707
Net Income200,707
Net Income Applicable To Common Shares200,707
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,023,778
Total Other Income/Expenses Net-6,39818,367
 

Technical Analysis of Champion Iron 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 Champion Iron Ltd. The general trend of Champion Iron Ltd is BEARISH with 42.9% 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 Champion Iron 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 (-42.9%) Bearish trend (42.9%)
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 Champion Iron 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: 7.45 < 7.45 < 7.45.

The bearish price targets are: 6.6038078668684 > 6.49 > 5.884309492635.

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Champion Iron 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 Champion Iron Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-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 higher 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 higher 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 higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +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

Champion Iron 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 Champion Iron Ltd. The current macd is -0.20798395.

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 Champion Iron 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 Champion Iron 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 Champion Iron 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