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Carnaby Resources Ltd
Buy, Hold or Sell?

Let's analyse Carnaby Resources Ltd together

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

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

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

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Quick analysis of Carnaby Resources Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
37.5%

What is your share worth?

Current worth
A$0.19
Expected worth in 1 year
A$0.39
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
A$0.20
Return On Investment
46.2%

For what price can you sell your share?

Current Price per Share
A$0.43
Expected price per share
A$0 - A$0.56
How sure are you?
50%
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1. Valuation of Carnaby Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.43

Intrinsic Value Per Share

A$-0.04 - A$0.08

Total Value Per Share

A$0.16 - A$0.27

2. Growth of Carnaby Resources Ltd (5 min.)




Is Carnaby Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$20.6m$15.3m$5.2m25.6%

How much money is Carnaby Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$7.9m-$5.3m-$2.6m-32.8%
Net Profit Margin-2,303.2%-17,416.8%--

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

3. Financial Health of Carnaby Resources Ltd (5 min.)




4. Comparing to competitors in the Other Precious Metals & Mining industry (5 min.)




  Industry Rankings (Other Precious Metals & Mining)  


Richest
#60 / 231

Most Revenue
#42 / 231

Most Profit
#210 / 231

Most Efficient
#202 / 231
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What can you expect buying and holding a share of Carnaby Resources Ltd? (5 min.)

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

What can you expect buying and holding a share of Carnaby Resources Ltd?

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

Speculation

The Price per Share of Carnaby Resources Ltd is A$0.43. 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 Carnaby Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.19. Based on the TTM, the Book Value Change Per Share is A$0.05 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Carnaby Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.05-11.4%-0.05-11.4%-0.03-7.7%-0.02-4.5%-0.01-3.4%
Usd Book Value Change Per Share0.037.5%0.037.5%0.0512.1%0.025.2%0.023.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.037.5%0.037.5%0.0512.1%0.025.2%0.023.7%
Usd Price Per Share0.69-0.69-0.59-0.33-0.23-
Price to Earnings Ratio-13.98--13.98--17.84-18.71-9.37-
Price-to-Total Gains Ratio21.16-21.16-11.34-8.43-5.71-
Price to Book Ratio5.41-5.41-6.23-4.62-4.04-
Price-to-Total Gains Ratio21.16-21.16-11.34-8.43-5.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.281177
Number of shares3556
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.02
Usd Total Gains Per Share0.030.02
Gains per Quarter (3556 shares)115.4079.93
Gains per Year (3556 shares)461.58319.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
104624520320310
209239140639630
30138513760959950
4018461838012791270
5023082300015991590
6027692762019181910
7032313224022382230
8036933686025582550
9041544148028772870
10046164610031973190

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%1.07.00.012.5%1.07.00.012.5%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.02.00.075.0%6.02.00.075.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%3.00.02.060.0%3.00.05.037.5%3.00.05.037.5%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.02.00.075.0%6.02.00.075.0%
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Fundamentals of Carnaby Resources Ltd

About Carnaby Resources Ltd

Carnaby Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, lithium, and copper deposits. Its flagship project is the Greater Duchess Copper Gold project located in Mount Isa Inlier, Queensland. The company was formerly known as Berkut Minerals Limited. Carnaby Resources Limited was incorporated in 2016 and is based in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-02-26 18:02:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Carnaby Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Carnaby Resources Ltd to the Other Precious Metals & Mining industry mean.
  • A Net Profit Margin of -2,303.2% means that $-23.03 for each $1 in revenue is generated as profit.

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

  • The MRQ is -2,303.2%. The company is making a huge loss. -2
  • The TTM is -2,303.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,303.2%TTM-2,303.2%0.0%
TTM-2,303.2%YOY-17,416.8%+15,113.6%
TTM-2,303.2%5Y-6,245.8%+3,942.5%
5Y-6,245.8%10Y-4,419.5%-1,826.2%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,303.2%-126.5%-2,176.7%
TTM-2,303.2%-80.7%-2,222.5%
YOY-17,416.8%-80.0%-17,336.8%
5Y-6,245.8%-228.6%-6,017.2%
10Y-4,419.5%-207.6%-4,211.9%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Carnaby Resources Ltd to the Other Precious Metals & Mining industry mean.
  • -34.9% Return on Assets means that Carnaby Resources Ltd generated $-0.35 profit for each $1 in assets.

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

  • The MRQ is -34.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -34.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-34.9%TTM-34.9%0.0%
TTM-34.9%YOY-31.0%-3.9%
TTM-34.9%5Y-33.6%-1.3%
5Y-33.6%10Y-34.1%+0.5%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-34.9%-8.5%-26.4%
TTM-34.9%-10.8%-24.1%
YOY-31.0%-8.5%-22.5%
5Y-33.6%-13.1%-20.5%
10Y-34.1%-14.3%-19.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Carnaby Resources Ltd to the Other Precious Metals & Mining industry mean.
  • -38.7% Return on Equity means Carnaby Resources Ltd generated $-0.39 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -38.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -38.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-38.7%TTM-38.7%0.0%
TTM-38.7%YOY-35.0%-3.7%
TTM-38.7%5Y-37.9%-0.8%
5Y-37.9%10Y-37.9%0.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-38.7%-7.2%-31.5%
TTM-38.7%-11.1%-27.6%
YOY-35.0%-8.3%-26.7%
5Y-37.9%-15.0%-22.9%
10Y-37.9%-16.1%-21.8%
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1.2. Operating Efficiency of Carnaby Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Carnaby Resources Ltd is operating .

  • Measures how much profit Carnaby Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Carnaby Resources Ltd to the Other Precious Metals & Mining industry mean.
  • An Operating Margin of -2,301.5% means the company generated $-23.01  for each $1 in revenue (before taxes).

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

  • The MRQ is -2,301.5%. The company is operating very inefficient. -2
  • The TTM is -2,301.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,301.5%TTM-2,301.5%0.0%
TTM-2,301.5%YOY-17,384.1%+15,082.6%
TTM-2,301.5%5Y-6,177.4%+3,876.0%
5Y-6,177.4%10Y-4,402.7%-1,774.7%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,301.5%-497.0%-1,804.5%
TTM-2,301.5%-73.4%-2,228.1%
YOY-17,384.1%-60.5%-17,323.6%
5Y-6,177.4%-337.8%-5,839.6%
10Y-4,402.7%-353.2%-4,049.5%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • An Operation Ratio of 24.24 means that the operating costs are $24.24 for each $1 in net sales.

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

  • The MRQ is 24.239. The company is inefficient in keeping operating costs low. -1
  • The TTM is 24.239. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ24.239TTM24.2390.000
TTM24.239YOY208.034-183.795
TTM24.2395Y70.236-45.997
5Y70.23610Y49.316+20.920
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ24.2391.875+22.364
TTM24.2391.824+22.415
YOY208.0342.004+206.030
5Y70.2363.949+66.287
10Y49.3164.000+45.316
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1.3. Liquidity of Carnaby Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A Current Ratio of 9.23 means the company has $9.23 in assets for each $1 in short-term debts.

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

  • The MRQ is 9.231. The company is very able to pay all its short-term debts. +2
  • The TTM is 9.231. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ9.231TTM9.2310.000
TTM9.231YOY7.408+1.823
TTM9.2315Y10.500-1.269
5Y10.50010Y15.423-4.923
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2312.453+6.778
TTM9.2312.888+6.343
YOY7.4084.250+3.158
5Y10.5005.873+4.627
10Y15.4235.718+9.705
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Carnaby Resources Ltd to the Other Precious Metals & Mining industry mean.
  • A Quick Ratio of 9.16 means the company can pay off $9.16 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 9.164. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 9.164. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ9.164TTM9.1640.000
TTM9.164YOY7.362+1.802
TTM9.1645Y10.153-0.989
5Y10.15310Y15.277-5.125
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ9.1640.744+8.420
TTM9.1640.701+8.463
YOY7.3621.158+6.204
5Y10.1531.142+9.011
10Y15.2771.462+13.815
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1.4. Solvency of Carnaby Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Carnaby Resources Ltd to Other Precious Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.10 means that Carnaby Resources Ltd assets are financed with 9.7% credit (debt) and the remaining percentage (100% - 9.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.097. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.097. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.097TTM0.0970.000
TTM0.097YOY0.113-0.016
TTM0.0975Y0.103-0.006
5Y0.10310Y0.092+0.011
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0970.124-0.027
TTM0.0970.136-0.039
YOY0.1130.107+0.006
5Y0.1030.183-0.080
10Y0.0920.232-0.140
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Carnaby Resources Ltd to the Other Precious Metals & Mining industry mean.
  • A Debt to Equity ratio of 10.8% means that company has $0.11 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.108. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.108. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.108TTM0.1080.000
TTM0.108YOY0.128-0.020
TTM0.1085Y0.116-0.009
5Y0.11610Y0.105+0.012
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1080.116-0.008
TTM0.1080.122-0.014
YOY0.1280.113+0.015
5Y0.1160.167-0.051
10Y0.1050.191-0.086
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2. Market Valuation of Carnaby Resources 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 Carnaby Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Carnaby Resources Ltd to the Other Precious Metals & Mining industry mean.
  • A PE ratio of -13.98 means the investor is paying $-13.98 for every $1 in earnings.

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

  • The EOD is -5.724. Based on the earnings, the company is expensive. -2
  • The MRQ is -13.977. Based on the earnings, the company is expensive. -2
  • The TTM is -13.977. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.724MRQ-13.977+8.253
MRQ-13.977TTM-13.9770.000
TTM-13.977YOY-17.837+3.861
TTM-13.9775Y18.709-32.686
5Y18.70910Y9.372+9.337
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-5.724-4.158-1.566
MRQ-13.977-5.675-8.302
TTM-13.977-6.032-7.945
YOY-17.837-9.471-8.366
5Y18.709-9.473+28.182
10Y9.372-9.403+18.775
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -347.305. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -848.071. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -848.071. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-347.305MRQ-848.071+500.766
MRQ-848.071TTM-848.0710.000
TTM-848.071YOY-127.941-720.130
TTM-848.0715Y-663.409-184.662
5Y-663.40910Y-418.247-245.161
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-347.305-3.836-343.469
MRQ-848.071-5.526-842.545
TTM-848.071-5.696-842.375
YOY-127.941-8.471-119.470
5Y-663.409-9.874-653.535
10Y-418.247-9.367-408.880
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A PB ratio of 5.41 means the investor is paying $5.41 for each $1 in book value.

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

  • The EOD is 2.215. Based on the equity, the company is underpriced. +1
  • The MRQ is 5.410. Based on the equity, the company is overpriced. -1
  • The TTM is 5.410. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD2.215MRQ5.410-3.194
MRQ5.410TTM5.4100.000
TTM5.410YOY6.230-0.820
TTM5.4105Y4.621+0.789
5Y4.62110Y4.037+0.584
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD2.2150.881+1.334
MRQ5.4101.219+4.191
TTM5.4101.422+3.988
YOY6.2302.265+3.965
5Y4.6212.117+2.504
10Y4.0372.251+1.786
2. Total Gains per Share

3. Holders & Insider Transactions

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

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4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0500.0500%0.079-37%0.034+44%0.024+105%
Book Value Per Share--0.1940.1940%0.144+34%0.096+101%0.068+186%
Current Ratio--9.2319.2310%7.408+25%10.500-12%15.423-40%
Debt To Asset Ratio--0.0970.0970%0.113-14%0.103-6%0.092+5%
Debt To Equity Ratio--0.1080.1080%0.128-16%0.116-8%0.105+3%
Dividend Per Share--0.0000.0000%0.000+16%0.000+114%0.000+242%
Eps---0.075-0.0750%-0.050-33%-0.030-60%-0.022-70%
Free Cash Flow Per Share---0.001-0.0010%-0.007+468%-0.003+170%-0.005+277%
Free Cash Flow To Equity Per Share--0.1200.1200%0.115+4%0.053+127%0.036+235%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.075--------
Intrinsic Value_10Y_min---0.039--------
Intrinsic Value_1Y_max---0.001--------
Intrinsic Value_1Y_min---0.004--------
Intrinsic Value_3Y_max--0.004--------
Intrinsic Value_3Y_min---0.011--------
Intrinsic Value_5Y_max--0.017--------
Intrinsic Value_5Y_min---0.019--------
Market Cap70023780.000-144%170988300.000170988300.0000%146561400.000+17%82562922.000+107%57097878.750+199%
Net Profit Margin---23.032-23.0320%-174.168+656%-62.458+171%-44.195+92%
Operating Margin---23.015-23.0150%-173.841+655%-61.774+168%-44.027+91%
Operating Ratio--24.23924.2390%208.034-88%70.236-65%49.316-51%
Pb Ratio2.215-144%5.4105.4100%6.230-13%4.621+17%4.037+34%
Pe Ratio-5.724+59%-13.977-13.9770%-17.837+28%18.709-175%9.372-249%
Price Per Share0.430-144%1.0501.0500%0.900+17%0.507+107%0.351+199%
Price To Free Cash Flow Ratio-347.305+59%-848.071-848.0710%-127.941-85%-663.409-22%-418.247-51%
Price To Total Gains Ratio8.665-144%21.15821.1580%11.337+87%8.434+151%5.709+271%
Quick Ratio--9.1649.1640%7.362+24%10.153-10%15.277-40%
Return On Assets---0.349-0.3490%-0.310-11%-0.336-4%-0.341-3%
Return On Equity---0.387-0.3870%-0.350-10%-0.379-2%-0.379-2%
Total Gains Per Share--0.0500.0500%0.079-37%0.034+44%0.024+105%
Usd Book Value--20668299.87820668299.8780%15383825.991+34%10274093.148+101%7224241.590+186%
Usd Book Value Change Per Share--0.0320.0320%0.052-37%0.022+44%0.016+105%
Usd Book Value Per Share--0.1270.1270%0.094+34%0.063+101%0.044+186%
Usd Dividend Per Share--0.0000.0000%0.000+16%0.000+114%0.000+242%
Usd Eps---0.049-0.0490%-0.033-33%-0.020-60%-0.015-70%
Usd Free Cash Flow---131839.508-131839.5080%-749067.828+468%-356122.981+170%-496859.959+277%
Usd Free Cash Flow Per Share---0.001-0.0010%-0.005+468%-0.002+170%-0.003+277%
Usd Free Cash Flow To Equity Per Share--0.0780.0780%0.075+4%0.034+127%0.023+235%
Usd Market Cap45788549.742-144%111809249.370111809249.3700%95836499.460+17%53987894.696+107%37336302.915+199%
Usd Price Per Share0.281-144%0.6870.6870%0.589+17%0.332+107%0.229+199%
Usd Profit---7999668.088-7999668.0880%-5377816.804-33%-3769011.987-53%-2606686.853-67%
Usd Revenue--347325.524347325.5240%30877.158+1025%663183.157-48%425067.123-18%
Usd Total Gains Per Share--0.0320.0320%0.052-37%0.022+44%0.016+105%
 EOD+2 -6MRQTTM+0 -0YOY+24 -115Y+25 -1010Y+23 -12

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-5.724
Price to Book Ratio (EOD)Between0-12.215
Net Profit Margin (MRQ)Greater than0-23.032
Operating Margin (MRQ)Greater than0-23.015
Quick Ratio (MRQ)Greater than19.164
Current Ratio (MRQ)Greater than19.231
Debt to Asset Ratio (MRQ)Less than10.097
Debt to Equity Ratio (MRQ)Less than10.108
Return on Equity (MRQ)Greater than0.15-0.387
Return on Assets (MRQ)Greater than0.05-0.349
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.753
Ma 20Greater thanMa 500.597
Ma 50Greater thanMa 1000.685
Ma 100Greater thanMa 2000.705
OpenGreater thanClose0.475
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Income Tax Expense  255574,3934,450-4,4428-67-59
Total Other Income Expense Net -2-5-7-3-103-83325



Latest Balance Sheet

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

Summary
Total Assets35,006
Total Liabilities3,399
Total Stockholder Equity31,608
 As reported
Total Liabilities 3,399
Total Stockholder Equity+ 31,608
Total Assets = 35,006

Assets

Total Assets35,006
Total Current Assets27,913
Long-term Assets7,093
Total Current Assets
Cash And Cash Equivalents 26,926
Net Receivables 784
Inventory 188
Other Current Assets 15
Total Current Assets  (as reported)27,913
Total Current Assets  (calculated)27,913
+/-0
Long-term Assets
Property Plant Equipment 6,731
Long-term Assets Other 362
Long-term Assets  (as reported)7,093
Long-term Assets  (calculated)7,093
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,024
Long-term Liabilities375
Total Stockholder Equity31,608
Total Current Liabilities
Short-term Debt 19
Accounts payable 2,671
Other Current Liabilities 0
Total Current Liabilities  (as reported)3,024
Total Current Liabilities  (calculated)2,690
+/- 334
Long-term Liabilities
Other Liabilities 375
Long-term Liabilities  (as reported)375
Long-term Liabilities  (calculated)375
+/-0
Total Stockholder Equity
Common Stock57,665
Retained Earnings -29,150
Other Stockholders Equity 3,093
Total Stockholder Equity (as reported)31,608
Total Stockholder Equity (calculated)31,608
+/-0
Other
Capital Stock57,665
Cash and Short Term Investments 26,926
Common Stock Shares Outstanding 147,609
Current Deferred Revenue334
Liabilities and Stockholders Equity 35,006
Net Debt -26,907
Net Invested Capital 31,608
Net Tangible Assets 31,608
Net Working Capital 24,889
Property Plant and Equipment Gross 6,815
Short Long Term Debt Total 19



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 
368
6,006
3,761
8,317
5,838
11,850
26,526
35,006
35,00626,52611,8505,8388,3173,7616,006368
   > Total Current Assets 
368
4,220
3,754
4,215
1,642
7,105
19,443
27,913
27,91319,4437,1051,6424,2153,7544,220368
       Cash And Cash Equivalents 
345
4,192
3,725
4,041
1,099
6,662
17,932
26,926
26,92617,9326,6621,0994,0413,7254,192345
       Short-term Investments 
20
15
15
0
0
0
0
0
00000151520
       Net Receivables 
3
13
14
116
38
346
1,390
784
7841,3903463811614133
       Other Current Assets 
0
0
15
15
388
15
15
15
151515388151500
   > Long-term Assets 
0
1,786
7
4,103
4,196
4,745
7,083
7,093
7,0937,0834,7454,1964,10371,7860
       Property Plant Equipment 
0
1,786
7
4,103
4,196
4,421
6,721
6,731
6,7316,7214,4214,1964,10371,7860
       Other Assets 
0
0
0
0
0
0
362
362
362362000000
> Total Liabilities 
61
110
141
511
817
1,252
3,000
3,399
3,3993,0001,25281751114111061
   > Total Current Liabilities 
61
110
141
174
425
918
2,625
3,024
3,0242,62591842517414111061
       Short-term Debt 
0
15
15
25
25
9
46
19
19469252515150
       Accounts payable 
0
12
18
74
253
805
1,791
2,671
2,6711,7918052537418120
       Other Current Liabilities 
43
98
124
99
0
0
1
0
0100991249843
   > Long-term Liabilities 
0
0
0
337
392
334
376
375
375376334392337000
       Long term Debt Total 
0
0
0
0
9
0
18
0
018090000
       Other Liabilities 
0
0
0
337
383
334
357
375
375357334383337000
> Total Stockholder Equity
307
5,896
3,620
7,807
5,021
10,598
23,526
31,608
31,60823,52610,5985,0217,8073,6205,896307
   Common Stock
319
6,052
7,593
11,885
11,885
17,060
37,943
57,665
57,66537,94317,06011,88511,8857,5936,052319
   Retained Earnings -29,150-16,916-8,700-9,071-5,948-4,847-720-12
   Accumulated Other Comprehensive Income 
0
564
875
1,870
2,208
2,238
2,500
3,093
3,0932,5002,2382,2081,8708755640
   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 (+$)
totalRevenue531
Cost of Revenue-94
Gross Profit-94437
 
Operating Income (+$)
Gross Profit-94
Operating Expense-12,781
Operating Income-12,224-12,875
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,439
Selling And Marketing Expenses0
Operating Expense12,7811,439
 
Net Interest Income (+$)
Interest Income9
Interest Expense-9
Other Finance Cost-522
Net Interest Income522
 
Pretax Income (+$)
Operating Income-12,224
Net Interest Income522
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-12,234-12,250
EBIT - interestExpense = -12,234
-12,293
-12,224
Interest Expense9
Earnings Before Interest and Taxes (EBIT)-12,224-12,224
Earnings Before Interest and Taxes (EBITDA)-12,224
 
After tax Income (+$)
Income Before Tax-12,234
Tax Provision-0
Net Income From Continuing Ops-12,234-12,234
Net Income-12,234
Net Income Applicable To Common Shares-12,234
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses12,781
Total Other Income/Expenses Net25-522
 

Technical Analysis of Carnaby Resources Ltd
The psychology behind the price

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

General trend

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

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

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.555 < 0.56 < 0.56.

The bearish price targets are: .

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Carnaby Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

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

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

Directionalities and relatives.

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

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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Carnaby Resources Ltd. The current macd is -0.04886287.

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Carnaby Resources Ltd. The current adx is 19.41.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Carnaby Resources Ltd shares, leading to potential downward 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 bearish trend could be forming. -1
Carnaby Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Carnaby Resources Ltd. The current sar is 0.68764.

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

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

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Carnaby Resources Ltd. The current rsi is 23.75. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Carnaby Resources Ltd Daily Relative Strength Index (RSI) ChartCarnaby Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Carnaby Resources Ltd. The current phase is Oversold in bear 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 below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D 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 Carnaby Resources Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Carnaby Resources Ltd Daily Stochastic Oscillator ChartCarnaby Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Carnaby Resources Ltd. The current cci is -266.44555003.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Carnaby Resources Ltd Daily Commodity Channel Index (CCI) ChartCarnaby Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Carnaby Resources Ltd. The current cmo is -64.3288664.

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

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

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

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

Score

Let's take a look at the Williams %R of Carnaby Resources Ltd. The current willr is -93.10344828.

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

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

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Carnaby Resources Ltd. The current atr is 0.04304613.

Carnaby Resources Ltd Daily Average True Range (ATR) ChartCarnaby Resources Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Carnaby Resources Ltd. The current obv is -6,828,805.

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

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Carnaby Resources Ltd. The current mfi is 20.14.

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

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

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Carnaby Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-10-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-23DMI 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-31ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29DMI 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12DMI 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
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Carnaby Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.753
Ma 20Greater thanMa 500.597
Ma 50Greater thanMa 1000.685
Ma 100Greater thanMa 2000.705
OpenGreater thanClose0.475
Total1/5 (20.0%)
Penke

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