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Commerce Energy Group Inc
Buy, Hold or Sell?

Let's analyse Commerce Energy Group Inc together

PenkeI guess you are interested in Commerce Energy Group Inc. 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 Commerce Energy Group Inc. 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 Commerce Energy Group Inc (30 sec.)










What can you expect buying and holding a share of Commerce Energy Group Inc? (30 sec.)

What is your share worth?

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

+ What do you gain per year?

Total Gains per Share
$0.00
Return On Investment
0.0%

For what price can you sell your share?

Current Price per Share
$0.00
Expected price per share
$0.0001 - $0.0001
How sure are you?
50%

1. Valuation of Commerce Energy Group Inc (5 min.)




Live pricePrice per Share (EOD)

$0.00

2. Growth of Commerce Energy Group Inc (5 min.)




Is Commerce Energy Group Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$39.8m$70.5m-$30.6m-76.9%

How much money is Commerce Energy Group Inc making?

Current yearPrevious yearGrowGrow %
Making money-$31.7m$5.5m-$37.3m-117.4%
Net Profit Margin-6.9%1.5%--

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

3. Financial Health of Commerce Energy Group Inc (5 min.)




What can you expect buying and holding a share of Commerce Energy Group Inc? (5 min.)

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

What can you expect buying and holding a share of Commerce Energy Group Inc?

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

Speculation

The Price per Share of Commerce Energy Group Inc is $0.0001. 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 Commerce Energy Group Inc.
  • 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 Commerce Energy Group Inc, 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 $0.00.
  • 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 historical numbers we can estimate the returns while holding a share of Commerce Energy Group Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share
Usd Dividend Per Share
Usd Total Gains Per Share
Usd Price Per Share1.10-1.10-2.10-1.21-1.01-
Price to Earnings Ratio0.00-0.00-0.00-0.00-0.00-
Price-to-Total Gains Ratio
Price to Book Ratio0.00-0.00-0.00-0.00-0.00-
Price-to-Total Gains Ratio

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0001
Number of shares10000000
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share--
Usd Book Value Change Per Share--
Usd Total Gains Per Share--
Gains per Quarter (10000000 shares)--
Gains per Year (10000000 shares)--
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1---10---10
2---10---10
3---10---10
4---10---10
5---10---10
6---10---10
7---10---10
8---10---10
9---10---10
10---10---10

Fundamentals of Commerce Energy Group Inc

About Commerce Energy Group Inc

Commerce Energy Group Inc. through its subsidiaries provides electric power and natural gas to residential, commercial, industrial and institutional customers in California, Pennsylvania, Michigan, Maryland, New Jersey, Texas, Florida, Georgia, Nevada, and Ohio. The company was founded in 1997 and is based in Costa Mesa, California.

Fundamental data was last updated by Penke on 2024-05-15 20:33:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just 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 just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry

1.1. Profitability of Commerce Energy Group Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Commerce Energy Group Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Commerce Energy Group Inc to the Utilities - Diversified industry mean.
  • A Net Profit Margin of -6.9% means that $-0.07 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Commerce Energy Group Inc:

  • The MRQ is -6.9%. The company is making a loss. -1
  • The TTM is -6.9%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-6.9%TTM-6.9%0.0%
TTM-6.9%YOY1.5%-8.4%
TTM-6.9%5Y-1.7%-5.2%
5Y-1.7%10Y-0.9%-0.8%
1.1.2. Return on Assets

Shows how efficient Commerce Energy Group Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Commerce Energy Group Inc to the Utilities - Diversified industry mean.
  • -26.1% Return on Assets means that Commerce Energy Group Inc generated $-0.26 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Commerce Energy Group Inc:

  • The MRQ is -26.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -26.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-26.1%TTM-26.1%0.0%
TTM-26.1%YOY4.7%-30.8%
TTM-26.1%5Y-5.9%-20.1%
5Y-5.9%10Y-4.2%-1.7%
1.1.3. Return on Equity

Shows how efficient Commerce Energy Group Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Commerce Energy Group Inc to the Utilities - Diversified industry mean.
  • -79.7% Return on Equity means Commerce Energy Group Inc generated $-0.80 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Commerce Energy Group Inc:

  • The MRQ is -79.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -79.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-79.7%TTM-79.7%0.0%
TTM-79.7%YOY7.8%-87.6%
TTM-79.7%5Y-16.8%-62.9%
5Y-16.8%10Y-13.0%-3.8%

1.2. Operating Efficiency of Commerce Energy Group Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Commerce Energy Group Inc is operating .

  • Measures how much profit Commerce Energy Group Inc 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 Commerce Energy Group Inc to the Utilities - Diversified industry mean.
  • An Operating Margin of -4.4% means the company generated $-0.04  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Commerce Energy Group Inc:

  • The MRQ is -4.4%. The company is operating very inefficient. -2
  • The TTM is -4.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-4.4%TTM-4.4%0.0%
TTM-4.4%YOY1.0%-5.3%
TTM-4.4%5Y-1.5%-2.8%
5Y-1.5%10Y-1.3%-0.3%
1.2.2. Operating Ratio

Measures how efficient Commerce Energy Group Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Diversified industry mean).
  • An Operation Ratio of 1.92 means that the operating costs are $1.92 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 1.920. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.920. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.920TTM1.9200.000
TTM1.920YOY1.852+0.069
TTM1.9205Y1.726+0.195
5Y1.72610Y1.588+0.137

1.3. Liquidity of Commerce Energy Group Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Commerce Energy Group Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Diversified industry mean).
  • A Current Ratio of 1.32 means the company has $1.32 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 1.320. The company is just able to pay all its short-term debts.
  • The TTM is 1.320. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.320TTM1.3200.000
TTM1.320YOY1.844-0.524
TTM1.3205Y1.455-0.135
5Y1.45510Y1.213+0.243
1.3.2. Quick Ratio

Measures if Commerce Energy Group Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Commerce Energy Group Inc to the Utilities - Diversified industry mean.
  • A Quick Ratio of 1.00 means the company can pay off $1.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 1.003. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.003. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.003TTM1.0030.000
TTM1.003YOY1.416-0.413
TTM1.0035Y0.943+0.060
5Y0.94310Y0.915+0.028

1.4. Solvency of Commerce Energy Group Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Commerce Energy Group Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Commerce Energy Group Inc to Utilities - Diversified industry mean.
  • A Debt to Asset Ratio of 0.67 means that Commerce Energy Group Inc assets are financed with 67.3% credit (debt) and the remaining percentage (100% - 67.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 0.673. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.673. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.673TTM0.6730.000
TTM0.673YOY0.395+0.278
TTM0.6735Y0.409+0.264
5Y0.40910Y0.384+0.026
1.4.2. Debt to Equity Ratio

Measures if Commerce Energy Group Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Commerce Energy Group Inc to the Utilities - Diversified industry mean.
  • A Debt to Equity ratio of 206.1% means that company has $2.06 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 2.061. The company is just not able to pay all its debts with equity.
  • The TTM is 2.061. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.061TTM2.0610.000
TTM2.061YOY0.653+1.407
TTM2.0615Y0.834+1.227
5Y0.83410Y0.752+0.081

2. Market Valuation of Commerce Energy Group Inc

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 Commerce Energy Group Inc generates.

  • Above 15 is considered overpriced but always compare Commerce Energy Group Inc to the Utilities - Diversified industry mean.
  • A PE ratio of 0.00 means the investor is paying $0.00 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Commerce Energy Group Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Diversified industry mean).
  • A PB ratio of 0.00 means the investor is paying $0.00 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Commerce Energy Group Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Commerce Energy Group Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share----0%-0%-0%-0%
Current Ratio--1.3201.3200%1.844-28%1.455-9%1.213+9%
Debt To Asset Ratio--0.6730.6730%0.395+70%0.409+64%0.384+75%
Debt To Equity Ratio--2.0612.0610%0.653+216%0.834+147%0.752+174%
Eps----0%-0%-0%-0%
Gross Profit Margin--1.0001.0000%1.0000%0.800+25%0.833+20%
Market Cap----0%-0%-0%-0%
Net Profit Margin---0.069-0.0690%0.015-556%-0.017-75%-0.009-87%
Operating Margin---0.044-0.0440%0.010-558%-0.015-65%-0.013-71%
Operating Ratio--1.9201.9200%1.852+4%1.726+11%1.588+21%
Pb Ratio----0%-0%-0%-0%
Pe Ratio----0%-0%-0%-0%
Price Per Share0.000-1099900%1.1001.1000%2.100-48%1.214-9%1.012+9%
Price To Free Cash Flow Ratio----0%-0%-0%-0%
Quick Ratio--1.0031.0030%1.416-29%0.943+6%0.915+10%
Return On Assets---0.261-0.2610%0.047-649%-0.059-77%-0.042-84%
Return On Equity---0.797-0.7970%0.078-1117%-0.168-79%-0.130-84%
Usd Book Value--39872000.00039872000.0000%70520000.000-43%64178400.000-38%69085333.333-42%
Usd Book Value Per Share----0%-0%-0%-0%
Usd Eps----0%-0%-0%-0%
Usd Free Cash Flow---23521000.000-23521000.0000%-20582000.000-12%-9621200.000-59%-7153500.000-70%
Usd Market Cap----0%-0%-0%-0%
Usd Price Per Share0.000-1099900%1.1001.1000%2.100-48%1.214-9%1.012+9%
Usd Profit---31795000.000-31795000.0000%5531000.000-675%-6923400.000-78%-4865833.333-85%
Usd Revenue--459801000.000459801000.0000%365089000.000+26%307289200.000+50%283662000.000+62%
 EOD+1 -1MRQTTM+0 -0YOY+2 -135Y+4 -1210Y+5 -11

3.2. Fundamental Score

Let's check the fundamental score of Commerce Energy Group Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Net Profit Margin (MRQ)Greater than0-0.069
Operating Margin (MRQ)Greater than0-0.044
Quick Ratio (MRQ)Greater than11.003
Current Ratio (MRQ)Greater than11.320
Debt to Asset Ratio (MRQ)Less than10.673
Debt to Equity Ratio (MRQ)Less than12.061
Return on Equity (MRQ)Greater than0.15-0.797
Return on Assets (MRQ)Greater than0.05-0.261
Total3/8 (37.5%)

3.3. Technical Score

Let's check the technical score of Commerce Energy Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.000
Total0/1 (0.0%)



Reversals in quarterly reports

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

 2004-07-312005-07-312006-07-312007-07-312008-07-31
Retained Earnings  13,310-5,8587,452-2,2395,2135,53110,744-31,795-21,051



Latest Balance Sheet

Balance Sheet of 2008-07-31. Currency in USD. All numbers in thousands.

Summary
Total Assets122,029
Total Liabilities82,157
Total Stockholder Equity39,872
 As reported
Total Liabilities 82,157
Total Stockholder Equity+ 39,872
Total Assets = 122,029

Assets

Total Assets122,029
Total Current Assets108,444
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 5,042
Net Receivables 82,416
Inventory 7,717
Other Current Assets 7,475
Total Current Assets  (as reported)108,444
Total Current Assets  (calculated)102,650
+/- 5,794
Long-term Assets
Property Plant Equipment 8,009
Intangible Assets 3,976
Long-term Assets  (as reported)0
Long-term Assets  (calculated)11,985
+/- 11,985

Liabilities & Shareholders' Equity

Total Current Liabilities82,157
Long-term Liabilities0
Total Stockholder Equity39,872
Total Current Liabilities
Short-term Debt 11,756
Short Long Term Debt 11,756
Accounts payable 58,500
Other Current Liabilities 998
Total Current Liabilities  (as reported)82,157
Total Current Liabilities  (calculated)83,010
+/- 853
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock61,919
Retained Earnings -21,051
Other Stockholders Equity -996
Total Stockholder Equity (as reported)39,872
Total Stockholder Equity (calculated)39,872
+/-0
Other
Net Tangible Assets 35,896
Net Working Capital 26,287



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2008-07-312007-07-312006-07-312005-07-312004-07-312003-07-31
> Total Assets 
125,870
110,823
102,632
99,076
116,576
122,029
122,029116,57699,076102,632110,823125,870
   > Total Current Assets 
0
0
69,290
64,996
84,919
108,444
108,44484,91964,99669,29000
       Cash And Cash Equivalents 
0
0
33,344
22,941
6,559
5,042
5,0426,55922,94133,34400
       Net Receivables 
24,863
18,584
27,843
30,650
65,231
82,416
82,41665,23130,65027,84318,58424,863
       Inventory 
0
0
4,561
4,578
5,905
7,717
7,7175,9054,5784,56100
   > Long-term Assets 000000
       Property Plant Equipment 
2,984
2,613
2,007
5,866
8,662
8,009
8,0098,6625,8662,0072,6132,984
       Goodwill 
0
0
6,801
4,801
4,247
0
04,2474,8016,80100
       Intangible Assets 
4,070
3,839
4,965
3,790
6,385
3,976
3,9766,3853,7904,9653,8394,070
> Total Liabilities 
32,250
36,717
32,571
32,743
46,056
82,157
82,15746,05632,74332,57136,71732,250
   > Total Current Liabilities 
32,063
36,717
32,571
32,743
46,056
82,157
82,15746,05632,74332,57136,71732,063
       Short-term Debt 
0
0
0
0
0
11,756
11,75600000
       Short Long Term Debt 
0
0
0
0
0
11,756
11,75600000
       Accounts payable 
24,936
30,576
25,625
26,876
37,926
58,500
58,50037,92626,87625,62530,57624,936
       Other Current Liabilities 
6,696
6,141
1,035
5,867
8,130
998
9988,1305,8671,0356,1416,696
   > Long-term Liabilities 000000
> Total Stockholder Equity
93,017
74,106
70,061
66,333
70,520
39,872
39,87270,52066,33370,06174,10693,017
   Common Stock
56,853
60,796
62,609
58,849
60,599
61,919
61,91960,59958,84962,60960,79656,853
   Retained Earnings 
35,309
13,310
7,452
5,213
10,744
-21,051
-21,05110,7445,2137,45213,31035,309
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
0
0
0
2,271
-823
-996
-996-8232,271000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2008-07-31)

Gross Profit (+$)
totalRevenue459,801
Cost of Revenue-403,105
Gross Profit56,69656,696
 
Operating Income (+$)
Gross Profit56,696
Operating Expense-479,909
Operating Income-20,108-423,213
 
Operating Expense (+$)
Research Development0
Selling General Administrative76,804
Selling And Marketing Expenses0
Operating Expense479,90976,804
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-20,108
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-31,795-8,421
EBIT - interestExpense = -20,108
-31,795
-31,795
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-20,108-31,795
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-31,795
Tax Provision-0
Net Income From Continuing Ops-31,795-31,795
Net Income-31,795
Net Income Applicable To Common Shares-31,795
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-11,6870
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Commerce Energy Group Inc.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.0001 < 0.0001 < 0.0001.

The bearish price targets are: 0.0001 > 0.0001 > 0.0001.

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Commerce Energy Group Inc 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 Commerce Energy Group Inc. The current mas is .

Directionalities and relatives.

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

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

Commerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Moving Average Convergence/Divergence (MACD) ChartCommerce Energy Group Inc 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 Commerce Energy Group Inc. The current adx is .

Commerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Relative Strength Index (RSI) ChartCommerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Stochastic Oscillator ChartCommerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Commodity Channel Index (CCI) ChartCommerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Chande Momentum Oscillator (CMO) ChartCommerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Williams %R ChartCommerce Energy Group Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Commerce Energy Group Inc.

Commerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Average True Range (ATR) ChartCommerce Energy Group Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Commerce Energy Group Inc.

Commerce Energy Group Inc Daily On-Balance Volume (OBV) ChartCommerce Energy Group Inc 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 Commerce Energy Group Inc.

Commerce Energy Group Inc Daily Money Flow Index (MFI) ChartCommerce Energy Group Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Commerce Energy Group Inc.

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

6.3. Candlestick Patterns

Commerce Energy Group Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Commerce Energy Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.000
Total0/1 (0.0%)
Penke

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