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Connexa Sports Technologies Inc. Common Stock
Buy, Hold or Sell?

Let's analyse Connexa Sports Technologies Inc. Common Stock together

PenkeI guess you are interested in Connexa Sports Technologies Inc. Common Stock. 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 Connexa Sports Technologies Inc. Common Stock. 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 Connexa Sports Technologies Inc. Common Stock (30 sec.)










What can you expect buying and holding a share of Connexa Sports Technologies Inc. Common Stock? (30 sec.)

How much money do you get?

How much money do you get?
$0.02
When do you have the money?
1 year
How often do you get paid?
3.4%

What is your share worth?

Current worth
$0.18
Expected worth in 1 year
$0.89
How sure are you?
31.0%

+ What do you gain per year?

Total Gains per Share
$0.73
Return On Investment
316.8%

For what price can you sell your share?

Current Price per Share
$0.23
Expected price per share
$0.1931 - $0.53
How sure are you?
50%

1. Valuation of Connexa Sports Technologies Inc. Common Stock (5 min.)




Live pricePrice per Share (EOD)

$0.23

Intrinsic Value Per Share

$-4.10 - $-4.77

Total Value Per Share

$-3.92 - $-4.58

2. Growth of Connexa Sports Technologies Inc. Common Stock (5 min.)




Is Connexa Sports Technologies Inc. Common Stock growing?

Current yearPrevious yearGrowGrow %
How rich?$4m$26.4m-$25.5m-2,881.6%

How much money is Connexa Sports Technologies Inc. Common Stock making?

Current yearPrevious yearGrowGrow %
Making money-$4.1m-$17.8m$13.7m334.7%
Net Profit Margin-142.1%-890.3%--

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

3. Financial Health of Connexa Sports Technologies Inc. Common Stock (5 min.)




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




  Industry Rankings (Leisure)  


Richest
#163 / 170

Most Revenue
#162 / 170

Most Profit
#156 / 170

Most Efficient
#169 / 170

What can you expect buying and holding a share of Connexa Sports Technologies Inc. Common Stock? (5 min.)

Welcome investor! Connexa Sports Technologies Inc. Common Stock's management wants to use your money to grow the business. In return you get a share of Connexa Sports Technologies Inc. Common Stock.

What can you expect buying and holding a share of Connexa Sports Technologies Inc. Common Stock?

First you should know what it really means to hold a share of Connexa Sports Technologies Inc. Common Stock. And how you can make/lose money.

Speculation

The Price per Share of Connexa Sports Technologies Inc. Common Stock is $0.2306. 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 Connexa Sports Technologies Inc. Common Stock.
  • 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 Connexa Sports Technologies Inc. Common Stock, 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 $0.18. Based on the TTM, the Book Value Change Per Share is $0.18 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.02 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 $0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Connexa Sports Technologies Inc. Common Stock.

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 Eps-0.17-73.8%-0.11-48.1%-0.80-348.7%-0.36-154.6%-0.25-106.6%
Usd Book Value Change Per Share0.83360.7%0.1877.0%-0.02-6.9%0.014.0%0.012.7%
Usd Dividend Per Share0.000.0%0.012.2%0.000.0%0.000.4%0.000.3%
Usd Total Gains Per Share0.83360.7%0.1879.2%-0.02-6.9%0.014.4%0.013.0%
Usd Price Per Share0.40-0.39-0.40-0.23-0.16-
Price to Earnings Ratio-0.59-0.27--0.36--0.11--0.08-
Price-to-Total Gains Ratio0.48-1.25-0.17--0.50--0.50-
Price to Book Ratio2.19-0.21-0.02--0.15--0.10-
Price-to-Total Gains Ratio0.48-1.25-0.17--0.50--0.50-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.2306
Number of shares4336
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.180.01
Usd Total Gains Per Share0.180.01
Gains per Quarter (4336 shares)792.0043.90
Gains per Year (4336 shares)3,167.99175.58
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1883080315818158166
21766160632635316342
32649240949453474518
4352123201266270632694
5440154001583088790870
652818480189981069481046
7616215602216612311061222
8704246402533414112641398
9792277202850215814221574
10880308003167017615801750

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%1.011.00.08.3%1.019.00.05.0%5.024.00.017.2%5.024.00.017.2%
Book Value Change Per Share3.01.00.075.0%6.06.00.050.0%6.012.02.030.0%9.015.05.031.0%9.015.05.031.0%
Dividend per Share1.00.03.025.0%1.00.011.08.3%1.00.019.05.0%1.00.028.03.4%1.00.028.03.4%
Total Gains per Share3.01.00.075.0%6.06.00.050.0%6.012.02.030.0%9.015.05.031.0%9.015.05.031.0%

Fundamentals of Connexa Sports Technologies Inc. Common Stock

About Connexa Sports Technologies Inc. Common Stock

Connexa Sports Technologies Inc. operates as a sports company. It offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher. The company also offers Gameface AI, a performance analytics application for sports. It delivers products, technologies, and services across the watch, play, and learn activities in sports. The company was formerly known as Slinger Bag Inc. and changed its name to Connexa Sports Technologies Inc. in May 2022. Connexa Sports Technologies Inc. is based in Windsor Mill, Maryland.

Fundamental data was last updated by Penke on 2024-03-28 12:10:05.

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

Valuation

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

1.1. Profitability of Connexa Sports Technologies Inc. Common Stock.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Connexa Sports Technologies Inc. Common Stock earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Connexa Sports Technologies Inc. Common Stock to the Leisure industry mean.
  • A Net Profit Margin of -182.3% means that $-1.82 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is -182.3%. The company is making a huge loss. -2
  • The TTM is -142.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-182.3%TTM-142.1%-40.2%
TTM-142.1%YOY-890.3%+748.2%
TTM-142.1%5Y-412.9%+270.8%
5Y-412.9%10Y-278.6%-134.3%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-182.3%1.5%-183.8%
TTM-142.1%1.4%-143.5%
YOY-890.3%4.7%-895.0%
5Y-412.9%0.2%-413.1%
10Y-278.6%2.3%-280.9%
1.1.2. Return on Assets

Shows how efficient Connexa Sports Technologies Inc. Common Stock is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Connexa Sports Technologies Inc. Common Stock to the Leisure industry mean.
  • -17.3% Return on Assets means that Connexa Sports Technologies Inc. Common Stock generated $-0.17 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is -17.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -23.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.3%TTM-23.3%+6.0%
TTM-23.3%YOY-70.5%+47.1%
TTM-23.3%5Y-149.0%+125.7%
5Y-149.0%10Y-105.1%-43.9%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.3%0.3%-17.6%
TTM-23.3%0.5%-23.8%
YOY-70.5%0.9%-71.4%
5Y-149.0%0.5%-149.5%
10Y-105.1%1.0%-106.1%
1.1.3. Return on Equity

Shows how efficient Connexa Sports Technologies Inc. Common Stock is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Connexa Sports Technologies Inc. Common Stock to the Leisure industry mean.
  • -93.3% Return on Equity means Connexa Sports Technologies Inc. Common Stock generated $-0.93 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is -93.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -29.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-93.3%TTM-29.0%-64.2%
TTM-29.0%YOY-15.1%-13.9%
TTM-29.0%5Y-8.8%-20.2%
5Y-8.8%10Y-9.0%+0.1%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-93.3%0.7%-94.0%
TTM-29.0%1.0%-30.0%
YOY-15.1%1.7%-16.8%
5Y-8.8%0.6%-9.4%
10Y-9.0%1.7%-10.7%

1.2. Operating Efficiency of Connexa Sports Technologies Inc. Common Stock.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Connexa Sports Technologies Inc. Common Stock is operating .

  • Measures how much profit Connexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock to the Leisure industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-143.0%+143.0%
TTM-143.0%YOY-56.8%-86.2%
TTM-143.0%5Y-126.3%-16.8%
5Y-126.3%10Y-83.3%-43.0%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM-143.0%4.6%-147.6%
YOY-56.8%4.9%-61.7%
5Y-126.3%2.8%-129.1%
10Y-83.3%3.4%-86.7%
1.2.2. Operating Ratio

Measures how efficient Connexa Sports Technologies Inc. Common Stock is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Leisure industry mean).
  • An Operation Ratio of 2.06 means that the operating costs are $2.06 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is 2.060. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.996. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.060TTM2.996-0.937
TTM2.996YOY2.635+0.362
TTM2.9965Y2.756+0.240
5Y2.75610Y1.977+0.779
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0601.356+0.704
TTM2.9961.356+1.640
YOY2.6351.381+1.254
5Y2.7561.367+1.389
10Y1.9771.194+0.783

1.3. Liquidity of Connexa Sports Technologies Inc. Common Stock.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Connexa Sports Technologies Inc. Common Stock is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Leisure industry mean).
  • A Current Ratio of 1.20 means the company has $1.20 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is 1.200. The company is just able to pay all its short-term debts.
  • The TTM is 0.482. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ1.200TTM0.482+0.718
TTM0.482YOY0.340+0.142
TTM0.4825Y0.399+0.083
5Y0.39910Y2.365-1.967
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2001.765-0.565
TTM0.4821.774-1.292
YOY0.3401.752-1.412
5Y0.3991.913-1.514
10Y2.3651.761+0.604
1.3.2. Quick Ratio

Measures if Connexa Sports Technologies Inc. Common Stock is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Connexa Sports Technologies Inc. Common Stock to the Leisure industry mean.
  • A Quick Ratio of 1.07 means the company can pay off $1.07 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is 1.065. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 0.303. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.065TTM0.303+0.762
TTM0.303YOY0.036+0.267
TTM0.3035Y0.161+0.142
5Y0.16110Y2.127-1.966
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0650.661+0.404
TTM0.3030.706-0.403
YOY0.0360.784-0.748
5Y0.1610.907-0.746
10Y2.1270.775+1.352

1.4. Solvency of Connexa Sports Technologies Inc. Common Stock.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Connexa Sports Technologies Inc. Common Stock assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Connexa Sports Technologies Inc. Common Stock to Leisure industry mean.
  • A Debt to Asset Ratio of 0.81 means that Connexa Sports Technologies Inc. Common Stock assets are financed with 81.4% credit (debt) and the remaining percentage (100% - 81.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is 0.814. The company is just able to pay all its debts by selling its assets.
  • The TTM is 2.158. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ0.814TTM2.158-1.344
TTM2.158YOY0.746+1.413
TTM2.1585Y2.263-0.104
5Y2.26310Y1.618+0.645
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8140.458+0.356
TTM2.1580.459+1.699
YOY0.7460.484+0.262
5Y2.2630.456+1.807
10Y1.6180.448+1.170
1.4.2. Debt to Equity Ratio

Measures if Connexa Sports Technologies Inc. Common Stock is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Connexa Sports Technologies Inc. Common Stock to the Leisure industry mean.
  • A Debt to Equity ratio of 437.5% means that company has $4.38 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The MRQ is 4.375. The company is unable to pay all its debts with equity. -1
  • The TTM is 1.420. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ4.375TTM1.420+2.956
TTM1.420YOY0.678+0.741
TTM1.4205Y0.420+1.000
5Y0.42010Y0.372+0.047
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3750.758+3.617
TTM1.4200.812+0.608
YOY0.6780.909-0.231
5Y0.4200.913-0.493
10Y0.3720.894-0.522

2. Market Valuation of Connexa Sports Technologies Inc. Common Stock

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 Connexa Sports Technologies Inc. Common Stock generates.

  • Above 15 is considered overpriced but always compare Connexa Sports Technologies Inc. Common Stock to the Leisure industry mean.
  • A PE ratio of -0.59 means the investor is paying $-0.59 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The EOD is -0.339. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.588. Based on the earnings, the company is expensive. -2
  • The TTM is 0.273. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-0.339MRQ-0.588+0.249
MRQ-0.588TTM0.273-0.861
TTM0.273YOY-0.360+0.633
TTM0.2735Y-0.109+0.382
5Y-0.10910Y-0.075-0.034
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD-0.3397.528-7.867
MRQ-0.5887.046-7.634
TTM0.27311.386-11.113
YOY-0.3608.357-8.717
5Y-0.10911.581-11.690
10Y-0.07514.427-14.502
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The EOD is -0.609. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.056. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.238. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.609MRQ-1.056+0.447
MRQ-1.056TTM-1.238+0.182
TTM-1.238YOY-1.763+0.526
TTM-1.2385Y-0.843-0.394
5Y-0.84310Y-0.582-0.262
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD-0.6092.664-3.273
MRQ-1.0563.145-4.201
TTM-1.2380.229-1.467
YOY-1.7631.977-3.740
5Y-0.843-0.010-0.833
10Y-0.5820.488-1.070
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Connexa Sports Technologies Inc. Common Stock is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Leisure industry mean).
  • A PB ratio of 2.19 means the investor is paying $2.19 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Connexa Sports Technologies Inc. Common Stock:

  • The EOD is 1.264. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.192. Based on the equity, the company is underpriced. +1
  • The TTM is 0.209. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.264MRQ2.192-0.928
MRQ2.192TTM0.209+1.984
TTM0.209YOY0.020+0.188
TTM0.2095Y-0.145+0.354
5Y-0.14510Y-0.100-0.045
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD1.2641.469-0.205
MRQ2.1921.649+0.543
TTM0.2091.720-1.511
YOY0.0201.977-1.957
5Y-0.1452.203-2.348
10Y-0.1002.522-2.622
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Connexa Sports Technologies Inc. Common Stock.

3.1. Institutions holding Connexa Sports Technologies Inc. Common Stock

Institutions are holding 3.035% of the shares of Connexa Sports Technologies Inc. Common Stock.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Atria Wealth Solutions, Inc.0.18540.000140000400000
2023-12-31HRT FINANCIAL LLC0.151032581325810
2023-12-31Susquehanna International Group, LLP0.0653014085140850
2023-12-31Tower Research Capital LLC0.020431540491522.1805
2023-12-31Morgan Stanley - Brokerage Accounts0.00306556550
2023-12-31Wells Fargo & Co0.000101815500
2023-12-31Parallel Advisors, LLC003150
2023-09-30Goldman Sachs Group Inc000-1278-100
2023-12-31UBS Group AG000-244-100
2023-09-30Renaissance Technologies Corp000-1778-100
2023-09-30Cetera Advisor Networks LLC000-267-100
2023-09-30PNC Financial Services Group Inc00000
2023-09-30Armistice Capital, LLC000-25463-100
2023-09-30Virtu Financial LLC000-771-100
2023-09-30TWO SIGMA SECURITIES, LLC000-420-100
Total 0.42480.000191657+61165+66.7%

3.2. Funds holding Connexa Sports Technologies Inc. Common Stock

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-01-31Fidelity Extended Market Index0.01440309600
Total 0.01440309600.0%

3.3. Insider Transactions

Insiders are holding 33.252% of the shares of Connexa Sports Technologies Inc. Common Stock.

DateOwnerTypeAmountPricePost Transaction AmountLink
2022-09-07Bitnile Holdings, Inc.SELL175235.2
2022-08-25Bitnile Holdings, Inc.SELL99940
2022-08-03Bitnile Holdings, Inc.BUY2546.4
2022-08-01Bitnile Holdings, Inc.BUY20041.2
2022-07-29Bitnile Holdings, Inc.BUY58036.8
2022-07-15Bitnile Holdings, Inc.BUY143737.6

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Connexa Sports Technologies Inc. Common Stock 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--0.8320.178+368%-0.016+102%0.009+9032%0.006+13121%
Book Value Per Share--0.1820.040+356%1.192-85%0.076+141%0.052+248%
Current Ratio--1.2000.482+149%0.340+253%0.399+201%2.365-49%
Debt To Asset Ratio--0.8142.158-62%0.746+9%2.263-64%1.618-50%
Debt To Equity Ratio--4.3751.420+208%0.678+545%0.420+943%0.372+1075%
Dividend Per Share---0.005-100%-0%0.001-100%0.001-100%
Eps---0.170-0.111-35%-0.804+373%-0.357+110%-0.246+45%
Free Cash Flow Per Share---0.095-0.070-26%-0.119+25%-0.079-17%-0.054-43%
Free Cash Flow To Equity Per Share--0.7640.191+300%-0.026+103%0.041+1778%0.028+2618%
Gross Profit Margin--1.1951.060+13%1.000+19%1.086+10%1.059+13%
Intrinsic Value_10Y_max---4.767--------
Intrinsic Value_10Y_min---4.104--------
Intrinsic Value_1Y_max---0.416--------
Intrinsic Value_1Y_min---0.408--------
Intrinsic Value_3Y_max---1.296--------
Intrinsic Value_3Y_min---1.236--------
Intrinsic Value_5Y_max---2.234--------
Intrinsic Value_5Y_min---2.069--------
Market Cap5112955.440-73%8868960.0008636149.800+3%8885589.3000%5188040.532+71%3577958.988+148%
Net Profit Margin---1.823-1.421-22%-8.903+388%-4.129+127%-2.786+53%
Operating Margin----1.4300%-0.5680%-1.2630%-0.8330%
Operating Ratio--2.0602.996-31%2.635-22%2.756-25%1.977+4%
Pb Ratio1.264-73%2.1920.209+950%0.020+10657%-0.145+107%-0.100+105%
Pe Ratio-0.339+42%-0.5880.273-315%-0.360-39%-0.109-81%-0.075-87%
Price Per Share0.231-73%0.4000.390+3%0.4010%0.228+76%0.157+155%
Price To Free Cash Flow Ratio-0.609+42%-1.056-1.238+17%-1.763+67%-0.843-20%-0.582-45%
Price To Total Gains Ratio0.277-73%0.4811.250-62%0.174+177%-0.496+203%-0.496+203%
Quick Ratio--1.0650.303+252%0.036+2861%0.161+561%2.127-50%
Return On Assets---0.173-0.233+34%-0.705+306%-1.490+759%-1.051+506%
Return On Equity---0.933-0.290-69%-0.151-84%-0.088-91%-0.090-90%
Total Gains Per Share--0.8320.183+355%-0.016+102%0.010+8116%0.007+11798%
Usd Book Value--4045326.000886463.500+356%26430481.000-85%1496779.150+170%1037070.276+290%
Usd Book Value Change Per Share--0.8320.178+368%-0.016+102%0.009+9032%0.006+13121%
Usd Book Value Per Share--0.1820.040+356%1.192-85%0.076+141%0.052+248%
Usd Dividend Per Share---0.005-100%-0%0.001-100%0.001-100%
Usd Eps---0.170-0.111-35%-0.804+373%-0.357+110%-0.246+45%
Usd Free Cash Flow---2100390.000-1553897.250-26%-2631544.000+25%-1757035.450-16%-1211319.379-42%
Usd Free Cash Flow Per Share---0.095-0.070-26%-0.119+25%-0.079-17%-0.054-43%
Usd Free Cash Flow To Equity Per Share--0.7640.191+300%-0.026+103%0.041+1778%0.028+2618%
Usd Market Cap5112955.440-73%8868960.0008636149.800+3%8885589.3000%5188040.532+71%3577958.988+148%
Usd Price Per Share0.231-73%0.4000.390+3%0.4010%0.228+76%0.157+155%
Usd Profit---3772628.000-4101024.250+9%-17828158.000+373%-8802757.800+133%-6071069.966+61%
Usd Revenue--2069559.0002836738.250-27%3799557.000-46%2562728.400-19%1768429.931+17%
Usd Total Gains Per Share--0.8320.183+355%-0.016+102%0.010+8116%0.007+11798%
 EOD+2 -6MRQTTM+20 -15YOY+21 -125Y+25 -1010Y+23 -12

4.2. Fundamental Score

Let's check the fundamental score of Connexa Sports Technologies Inc. Common Stock based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.339
Price to Book Ratio (EOD)Between0-11.264
Net Profit Margin (MRQ)Greater than0-1.823
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.065
Current Ratio (MRQ)Greater than11.200
Debt to Asset Ratio (MRQ)Less than10.814
Debt to Equity Ratio (MRQ)Less than14.375
Return on Equity (MRQ)Greater than0.15-0.933
Return on Assets (MRQ)Greater than0.05-0.173
Total3/10 (30.0%)

4.3. Technical Score

Let's check the technical score of Connexa Sports Technologies Inc. Common Stock based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.438
Ma 20Greater thanMa 500.241
Ma 50Greater thanMa 1000.254
Ma 100Greater thanMa 2000.290
OpenGreater thanClose0.223
Total0/5 (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.

 2023-01-312023-04-302023-07-312023-10-312024-01-31
Net Debt  1,98413,79615,780-12,5443,2361,0714,308-15,778-11,470
Net Working Capital  -23,3164,540-18,77662-18,7143,714-15,00018,2893,289
Net Invested Capital  -9,404-5,772-15,175422-14,7544,950-9,80419,5729,768



Latest Balance Sheet

Balance Sheet of 2024-01-31. Currency in USD. All numbers in thousands.

Summary
Total Assets21,746
Total Liabilities17,700
Total Stockholder Equity4,045
 As reported
Total Liabilities 17,700
Total Stockholder Equity+ 4,045
Total Assets = 21,746

Assets

Total Assets21,746
Total Current Assets19,745
Long-term Assets2,001
Total Current Assets
Cash And Cash Equivalents 17,193
Net Receivables 336
Inventory 1,971
Other Current Assets 244
Total Current Assets  (as reported)19,745
Total Current Assets  (calculated)19,745
+/-0
Long-term Assets
Intangible Assets 1
Long-term Assets Other 2,000
Long-term Assets  (as reported)2,001
Long-term Assets  (calculated)2,001
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities16,456
Long-term Liabilities1,245
Total Stockholder Equity4,045
Total Current Liabilities
Short-term Debt 4,478
Short Long Term Debt 4,478
Accounts payable 3,704
Other Current Liabilities 8,273
Total Current Liabilities  (as reported)16,456
Total Current Liabilities  (calculated)20,934
+/- 4,478
Long-term Liabilities
Long term Debt 1,245
Long-term Liabilities  (as reported)1,245
Long-term Liabilities  (calculated)1,245
+/- 0
Total Stockholder Equity
Common Stock21
Retained Earnings -154,608
Accumulated Other Comprehensive Income 183
Other Stockholders Equity 158,450
Total Stockholder Equity (as reported)4,045
Total Stockholder Equity (calculated)4,045
+/-0
Other
Capital Stock21
Cash and Short Term Investments 17,193
Common Stock Shares Outstanding 912
Liabilities and Stockholders Equity 21,746
Net Debt -11,470
Net Invested Capital 9,768
Net Working Capital 3,289
Short Long Term Debt Total 5,723



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2024-01-312023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-312016-07-31
> Total Assets 
0
0
0
19
19
27
28
27
27
15
8
5
5
352
1,856
1,381
1,381
3,190
4,539
5,698
5,698
16,726
18,635
74,863
74,132
69,039
19,508
74,863
7,108
5,464
21,746
21,7465,4647,10874,86319,50869,03974,13274,86318,63516,7265,6985,6984,5393,1901,3811,3811,85635255815272728271919000
   > Total Current Assets 
0
0
0
17
17
20
22
21
21
11
5
3
3
352
1,856
1,381
1,381
3,190
4,424
5,585
5,585
13,195
15,194
12,826
12,616
8,048
5,942
12,826
4,992
3,463
19,745
19,7453,4634,99212,8265,9428,04812,61612,82615,19413,1955,5855,5854,4243,1901,3811,3811,85635233511212122201717000
       Cash And Cash Equivalents 
0
0
0
16
16
19
22
21
21
10
5
2
2
313
14
80
80
653
330
929
929
1,748
1,082
1,424
1,602
465
317
1,424
202
286
17,193
17,1932862021,4243174651,6021,4241,0821,74892992933065380801431322510212122191616000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
39
297
0
64
354
1,433
762
762
2,282
3,565
1,322
1,372
926
532
1,558
400
528
336
3365284001,5585329261,3721,3223,5652,2827627621,433354640297390000000000000
       Other Current Assets 
0
0
0
1
1
1
1
1
1
1
1
1
1
39
21
382
382
271
339
200
200
111
1,878
1,003
578
249
204
1,003
263
273
244
2442732631,0032042495781,0031,87811120020033927138238221391111111111000
   > Long-term Assets 
0
0
0
3
3
7
6
5
5
4
3
2
2
0
0
0
0
0
114
113
113
3,531
3,440
62,037
61,516
60,990
13,565
62,037
2,116
2,001
2,001
2,0012,0012,11662,03713,56560,99061,51662,0373,4403,531113113114000002234556733000
       Property Plant Equipment 
0
0
0
3
3
2
2
2
2
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
131
16
174
15
0
0
0015174161310000000000001111222233000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,240
1,240
1,240
32,643
32,643
32,643
6,781
32,643
0
0
0
00032,6436,78132,64332,64332,6431,2401,2401,24000000000000000000000
       Intangible Assets 
0
0
0
0
5
4
4
3
3
3
2
2
2
0
0
0
0
0
114
113
113
2,291
2,200
24,317
23,959
23,605
4,768
24,317
101
1
1
1110124,3174,76823,60523,95924,3172,2002,291113113114000002223334450000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
119
271
0
0
0
0
0
0
0
193
2,000
2,000
2,000
0
0
002,0002,0002,00019300000002711190000000000000000
> Total Liabilities 
0
0
0
7
7
1
1
3
3
5
2
11
11
576
2,530
6,375
6,375
9,593
11,193
24,148
24,148
24,908
28,928
42,351
26,359
31,898
31,212
42,351
25,721
19,861
17,700
17,70019,86125,72142,35131,21231,89826,35942,35128,92824,90824,14824,14811,1939,5936,3756,3752,530576111125331177000
   > Total Current Liabilities 
0
0
0
7
7
1
1
3
3
5
2
11
11
576
2,530
4,487
4,487
9,171
11,193
24,138
24,138
24,908
28,928
38,981
23,037
28,691
29,259
38,981
23,767
18,462
16,456
16,45618,46223,76738,98129,25928,69123,03738,98128,92824,90824,13824,13811,1939,1714,4874,4872,530576111125331177000
       Short-term Debt 
0
0
0
1
1
1
1
1
1
1
1
10
10
500
1,982
2,182
2,182
5,859
7,066
6,143
6,143
2,628
9,578
0
0
0
0
15,204
1,485
3,195
4,478
4,4783,1951,48515,20400009,5782,6286,1436,1437,0665,8592,1822,1821,982500101011111111000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,143
500
2,628
9,578
14,967
3,866
804
348
1,485
1,960
3,195
4,478
4,4783,1951,9601,4853488043,86614,9679,5782,6285006,1430000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
76
464
989
989
1,308
2,316
2,050
2,050
5,306
7,943
6,465
6,587
5,712
3,881
6,465
5,497
5,113
3,704
3,7045,1135,4976,4653,8815,7126,5876,4657,9435,3062,0502,0502,3161,308989989464760000000000000
       Other Current Liabilities 
0
0
0
6
6
0
0
2
2
4
1
1
1
576
54
1,136
1,136
1,194
1,698
15,845
15,845
16,903
11,389
6,935
2,278
13,619
18,585
14,654
10,931
4,139
8,273
8,2734,13910,93114,65418,58513,6192,2786,93511,38916,90315,84515,8451,6981,1941,1361,136545761114220066000
   > Long-term Liabilities 
0
0
0
0
1
1
1
0
1
1
1
0
10
576
2,446
1,888
1,888
422
9,495
10
10
8,005
17,539
3,370
3,322
3,207
1,953
3,370
1,954
1,399
1,245
1,2451,3991,9543,3701,9533,2073,3223,37017,5398,00510109,4954221,8881,8882,44657610011101110000
       Other Liabilities 
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
1,207
0
0
0
0
0
000001,2070000000000000000000000000
> Total Stockholder Equity
0
0
0
12
12
25
27
23
23
10
6
-6
-6
-224
-674
-4,994
-4,994
-6,403
-6,654
-18,451
-18,451
-8,183
-10,293
32,512
47,773
37,141
-11,704
32,512
-18,614
-14,398
4,045
4,045-14,398-18,61432,512-11,70437,14147,77332,512-10,293-8,183-18,451-18,451-6,654-6,403-4,994-4,994-674-224-6-6610232327251212000
   Common Stock
0
0
0
5
5
6
6
6
6
6
6
6
6
6
24
25
25
27
27
28
28
42
42
0
0
13
13
4
14
2
21
21214413130042422828272725252466666666655000
   Retained Earnings Total Equity0000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-5
-5
-8
-7
-20
-20
-12
-47
0
0
0
0
55
143
211
183
183211143550000-47-12-20-20-7-8-5-5000000000000000
   Capital Surplus 0000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
4
4
18
22
22
22
21
21
21
21
36
18
5,215
5,215
7,705
8,743
10,365
10,365
62,872
63,166
0
0
227
261
113,050
132,981
136,224
158,450
158,450136,224132,981113,0502612270063,16662,87210,36510,3658,7437,7055,2155,2151836212121212222221844000



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, 2023-04-30)

Gross Profit (+$)
totalRevenue16,831
Cost of Revenue-12,347
Gross Profit4,4854,485
 
Operating Income (+$)
Gross Profit4,485
Operating Expense-47,816
Operating Income-43,332-43,332
 
Operating Expense (+$)
Research Development856
Selling General Administrative43,424
Selling And Marketing Expenses3,537
Operating Expense47,81647,816
 
Net Interest Income (+$)
Interest Income0
Interest Expense-10,264
Other Finance Cost-4,991
Net Interest Income-5,273
 
Pretax Income (+$)
Operating Income-43,332
Net Interest Income-5,273
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-51,774-34,890
EBIT - interestExpense = -53,596
-51,774
-33,798
Interest Expense10,264
Earnings Before Interest and Taxes (EBIT)-43,332-41,510
Earnings Before Interest and Taxes (EBITDA)-48,810
 
After tax Income (+$)
Income Before Tax-51,774
Tax Provision-0
Net Income From Continuing Ops-25,278-51,774
Net Income-44,062
Net Income Applicable To Common Shares-71,154
 
Non-recurring Events
Discontinued Operations-45,876
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses60,163
Total Other Income/Expenses Net-8,4425,273
 

Technical Analysis of Connexa Sports Technologies Inc. Common Stock
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 Connexa Sports Technologies Inc. Common Stock. The general trend of Connexa Sports Technologies Inc. Common Stock is BEARISH with 85.7% 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 Connexa Sports Technologies Inc. Common Stock'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 (-85.7%) Bearish trend (85.7%)
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 Connexa Sports Technologies Inc. Common Stock.

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: 0.2939 < 0.43 < 0.53.

The bearish price targets are: 0.2188 > 0.216 > 0.1931.

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Connexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-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 up: The MA 50 is trending up. +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

Connexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current macd is -0.00733984.

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 Connexa Sports Technologies Inc. Common Stock price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Connexa Sports Technologies Inc. Common Stock. 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 Connexa Sports Technologies Inc. Common Stock 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
Connexa Sports Technologies Inc. Common Stock Daily Moving Average Convergence/Divergence (MACD) ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current adx is 37.55.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Connexa Sports Technologies Inc. Common Stock shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Connexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current sar is 0.3590127.

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
Connexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current rsi is 45.44. The current phase is Continuation 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 -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Connexa Sports Technologies Inc. Common Stock Daily Relative Strength Index (RSI) ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. 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 Connexa Sports Technologies Inc. Common Stock price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Connexa Sports Technologies Inc. Common Stock Daily Stochastic Oscillator ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current cci is -73.07134776.

Connexa Sports Technologies Inc. Common Stock Daily Commodity Channel Index (CCI) ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current cmo is -12.41511359.

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
Connexa Sports Technologies Inc. Common Stock Daily Chande Momentum Oscillator (CMO) ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current willr is -80.53435115.

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
Connexa Sports Technologies Inc. Common Stock Daily Williams %R ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock.

Connexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current atr is 0.0397.

Connexa Sports Technologies Inc. Common Stock Daily Average True Range (ATR) ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current obv is 436,606,012.

Connexa Sports Technologies Inc. Common Stock Daily On-Balance Volume (OBV) ChartConnexa Sports Technologies Inc. Common Stock 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 Connexa Sports Technologies Inc. Common Stock. The current mfi is 60.14.

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

  • MFI > 50: +1
Connexa Sports Technologies Inc. Common Stock Daily Money Flow Index (MFI) ChartConnexa Sports Technologies Inc. Common Stock Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Connexa Sports Technologies Inc. Common Stock.

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
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-16DMI 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.
2023-11-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21DMI 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
2023-11-27DMI 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.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI 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.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI 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.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Connexa Sports Technologies Inc. Common Stock Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Connexa Sports Technologies Inc. Common Stock based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.438
Ma 20Greater thanMa 500.241
Ma 50Greater thanMa 1000.254
Ma 100Greater thanMa 2000.290
OpenGreater thanClose0.223
Total0/5 (0.0%)
Penke

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