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Crescent Steel & Allied Products Ltd
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Let's analyse Crescent Steel & Allied Products Ltd together

PenkeI guess you are interested in Crescent Steel & Allied Products 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 Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd (30 sec.)










What can you expect buying and holding a share of Crescent Steel & Allied Products Ltd? (30 sec.)

How much money do you get?

How much money do you get?
₨0.00
When do you have the money?
1 year
How often do you get paid?
70.6%

What is your share worth?

Current worth
₨106.84
Expected worth in 1 year
₨123.79
How sure are you?
64.7%

+ What do you gain per year?

Total Gains per Share
₨17.07
Return On Investment
25.2%

For what price can you sell your share?

Current Price per Share
₨67.85
Expected price per share
₨48.25 - ₨80.00
How sure are you?
50%

1. Valuation of Crescent Steel & Allied Products Ltd (5 min.)




Live pricePrice per Share (EOD)

₨67.85

Intrinsic Value Per Share

₨160.88 - ₨196.01

Total Value Per Share

₨267.72 - ₨302.85

2. Growth of Crescent Steel & Allied Products Ltd (5 min.)




Is Crescent Steel & Allied Products Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$29.8m$25.8m$1.7m6.3%

How much money is Crescent Steel & Allied Products Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1.3m-$360.6k$1.6m127.4%
Net Profit Margin24.4%-4.4%--

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

3. Financial Health of Crescent Steel & Allied Products Ltd (5 min.)




What can you expect buying and holding a share of Crescent Steel & Allied Products Ltd? (5 min.)

Welcome investor! Crescent Steel & Allied Products Ltd's management wants to use your money to grow the business. In return you get a share of Crescent Steel & Allied Products Ltd.

What can you expect buying and holding a share of Crescent Steel & Allied Products Ltd?

First you should know what it really means to hold a share of Crescent Steel & Allied Products Ltd. And how you can make/lose money.

Speculation

The Price per Share of Crescent Steel & Allied Products Ltd is ₨67.85. 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 Crescent Steel & Allied Products 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 Crescent Steel & Allied Products 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 ₨106.84. Based on the TTM, the Book Value Change Per Share is ₨4.24 per quarter. Based on the YOY, the Book Value Change Per Share is ₨-2.61 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 ₨0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Crescent Steel & Allied Products Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.030.0%0.020.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.030.0%0.020.0%-0.010.0%0.020.0%0.020.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.030.0%0.020.0%-0.010.0%0.020.0%0.020.0%
Usd Price Per Share0.17-0.11-0.14-0.17-0.17-
Price to Earnings Ratio1.58-1.65-4.39-1.30-1.30-
Price-to-Total Gains Ratio6.23-7.60-32.38--25.35--25.35-
Price to Book Ratio0.45-0.31-0.42-0.43-0.43-
Price-to-Total Gains Ratio6.23-7.60-32.38--25.35--25.35-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.24426
Number of shares4093
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.02
Usd Total Gains Per Share0.020.02
Gains per Quarter (4093 shares)62.9092.72
Gains per Year (4093 shares)251.58370.88
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
122502420370361
245004941741732
35749746111111103
47999998214821474
5912491250218521845
61114991502322222216
71317481754325932587
81419982006429632958
91622482258433343329
101824982510537043700

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%8.04.00.066.7%11.06.00.064.7%11.06.00.064.7%11.06.00.064.7%
Book Value Change Per Share4.00.00.0100.0%7.05.00.058.3%11.06.00.064.7%11.06.00.064.7%11.06.00.064.7%
Dividend per Share1.00.03.025.0%8.00.04.066.7%12.00.05.070.6%12.00.05.070.6%12.00.05.070.6%
Total Gains per Share4.00.00.0100.0%7.05.00.058.3%11.06.00.064.7%11.06.00.064.7%11.06.00.064.7%

Fundamentals of Crescent Steel & Allied Products Ltd

About Crescent Steel & Allied Products Ltd

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just 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 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Crescent Steel & Allied Products Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Crescent Steel & Allied Products Ltd earns for each ₨1 of revenue.

  • Above 10% is considered healthy but always compare Crescent Steel & Allied Products Ltd to the Metals & Mining industry mean.
  • A Net Profit Margin of 21.1% means that ₨0.21 for each ₨1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 21.1%. The company is making a huge profit. +2
  • The TTM is 24.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ21.1%TTM24.4%-3.3%
TTM24.4%YOY-4.4%+28.8%
TTM24.4%5Y4.6%+19.9%
5Y4.6%10Y4.6%0.0%
1.1.2. Return on Assets

Shows how efficient Crescent Steel & Allied Products Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Crescent Steel & Allied Products Ltd to the Metals & Mining industry mean.
  • 4.7% Return on Assets means that Crescent Steel & Allied Products Ltd generated ₨0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 4.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.7%TTM3.1%+1.6%
TTM3.1%YOY-1.1%+4.2%
TTM3.1%5Y0.5%+2.5%
5Y0.5%10Y0.5%0.0%
1.1.3. Return on Equity

Shows how efficient Crescent Steel & Allied Products Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Crescent Steel & Allied Products Ltd to the Metals & Mining industry mean.
  • 7.0% Return on Equity means Crescent Steel & Allied Products Ltd generated ₨0.07 for each ₨1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 7.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 4.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ7.0%TTM4.7%+2.3%
TTM4.7%YOY-1.4%+6.2%
TTM4.7%5Y0.8%+3.9%
5Y0.8%10Y0.8%0.0%

1.2. Operating Efficiency of Crescent Steel & Allied Products Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Crescent Steel & Allied Products Ltd is operating .

  • Measures how much profit Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd to the Metals & Mining 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 Crescent Steel & Allied Products Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y4.7%-4.7%
5Y4.7%10Y4.7%0.0%
1.2.2. Operating Ratio

Measures how efficient Crescent Steel & Allied Products Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Metals & Mining industry mean).
  • An Operation Ratio of 1.41 means that the operating costs are ₨1.41 for each ₨1 in net sales.

Let's take a look of the Operating Ratio trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 1.412. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.493. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.412TTM1.493-0.081
TTM1.493YOY2.129-0.637
TTM1.4935Y1.967-0.474
5Y1.96710Y1.9670.000

1.3. Liquidity of Crescent Steel & Allied Products Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Crescent Steel & Allied Products Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Metals & Mining industry mean).
  • A Current Ratio of 1.73 means the company has ₨1.73 in assets for each ₨1 in short-term debts.

Let's take a look of the Current Ratio trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 1.732. The company is able to pay all its short-term debts. +1
  • The TTM is 1.454. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.732TTM1.454+0.278
TTM1.454YOY1.385+0.069
TTM1.4545Y1.331+0.123
5Y1.33110Y1.3310.000
1.3.2. Quick Ratio

Measures if Crescent Steel & Allied Products Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Crescent Steel & Allied Products Ltd to the Metals & Mining industry mean.
  • A Quick Ratio of 0.77 means the company can pay off ₨0.77 for each ₨1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 0.768. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.519. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.768TTM0.519+0.249
TTM0.519YOY0.353+0.166
TTM0.5195Y0.309+0.209
5Y0.30910Y0.3090.000

1.4. Solvency of Crescent Steel & Allied Products Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Crescent Steel & Allied Products Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Crescent Steel & Allied Products Ltd to Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.33 means that Crescent Steel & Allied Products Ltd assets are financed with 33.4% credit (debt) and the remaining percentage (100% - 33.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 0.334. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.351. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.334TTM0.351-0.017
TTM0.351YOY0.315+0.036
TTM0.3515Y0.323+0.028
5Y0.32310Y0.3230.000
1.4.2. Debt to Equity Ratio

Measures if Crescent Steel & Allied Products Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Crescent Steel & Allied Products Ltd to the Metals & Mining industry mean.
  • A Debt to Equity ratio of 50.1% means that company has ₨0.50 debt for each ₨1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Crescent Steel & Allied Products Ltd:

  • The MRQ is 0.501. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.542. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.501TTM0.542-0.040
TTM0.542YOY0.464+0.078
TTM0.5425Y0.481+0.060
5Y0.48110Y0.4810.000

2. Market Valuation of Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd generates.

  • Above 15 is considered overpriced but always compare Crescent Steel & Allied Products Ltd to the Metals & Mining industry mean.
  • A PE ratio of 1.58 means the investor is paying ₨1.58 for every ₨1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Crescent Steel & Allied Products Ltd:

  • The EOD is 2.255. Based on the earnings, the company is cheap. +2
  • The MRQ is 1.583. Based on the earnings, the company is cheap. +2
  • The TTM is 1.654. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.255MRQ1.583+0.672
MRQ1.583TTM1.654-0.071
TTM1.654YOY4.391-2.737
TTM1.6545Y1.299+0.355
5Y1.29910Y1.2990.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Crescent Steel & Allied Products Ltd:

  • The EOD is 2.787. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.956. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.246. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.787MRQ1.956+0.831
MRQ1.956TTM0.246+1.711
TTM0.246YOY-0.828+1.073
TTM0.2465Y0.093+0.153
5Y0.09310Y0.0930.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Crescent Steel & Allied Products Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Metals & Mining industry mean).
  • A PB ratio of 0.45 means the investor is paying ₨0.45 for each ₨1 in book value.

Let's take a look of the Price to Book Ratio trends of Crescent Steel & Allied Products Ltd:

  • The EOD is 0.635. Based on the equity, the company is cheap. +2
  • The MRQ is 0.446. Based on the equity, the company is cheap. +2
  • The TTM is 0.308. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.635MRQ0.446+0.189
MRQ0.446TTM0.308+0.138
TTM0.308YOY0.415-0.108
TTM0.3085Y0.434-0.126
5Y0.43410Y0.4340.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Crescent Steel & Allied Products 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--7.6434.238+80%-2.611+134%6.285+22%6.285+22%
Book Value Per Share--106.83998.728+8%92.551+15%81.812+31%81.812+31%
Current Ratio--1.7321.454+19%1.385+25%1.331+30%1.331+30%
Debt To Asset Ratio--0.3340.351-5%0.315+6%0.323+3%0.323+3%
Debt To Equity Ratio--0.5010.542-7%0.464+8%0.481+4%0.481+4%
Dividend Per Share---0.031-100%0.000-100%0.008-100%0.008-100%
Eps--7.5234.716+60%-1.290+117%1.180+538%1.180+538%
Free Cash Flow Per Share--6.0860.095+6287%-1.325+122%-1.312+122%-1.312+122%
Free Cash Flow To Equity Per Share--6.0860.095+6287%-1.325+122%-1.312+122%-1.312+122%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--196.014--------
Intrinsic Value_10Y_min--160.883--------
Intrinsic Value_1Y_max---1.365--------
Intrinsic Value_1Y_min---1.353--------
Intrinsic Value_3Y_max--11.908--------
Intrinsic Value_3Y_min--11.045--------
Intrinsic Value_5Y_max--44.483--------
Intrinsic Value_5Y_min--39.910--------
Market Cap--3697635546.3302383899717.383+55%2984581116.495+24%3258429728.498+13%3258429728.498+13%
Net Profit Margin--0.2110.244-14%-0.044+121%0.046+363%0.046+363%
Operating Margin----0%-0%0.047-100%0.047-100%
Operating Ratio--1.4121.493-5%2.129-34%1.967-28%1.967-28%
Pb Ratio0.635+30%0.4460.308+45%0.415+7%0.434+3%0.434+3%
Pe Ratio2.255+30%1.5831.654-4%4.391-64%1.299+22%1.299+22%
Price Per Share67.850+30%47.63030.708+55%38.445+24%47.971-1%47.971-1%
Price To Free Cash Flow Ratio2.787+30%1.9560.246+696%-0.828+142%0.093+2001%0.093+2001%
Price To Total Gains Ratio8.878+30%6.2327.604-18%32.378-81%-25.347+507%-25.347+507%
Quick Ratio--0.7680.519+48%0.353+117%0.309+148%0.309+148%
Return On Assets--0.0470.031+52%-0.011+124%0.005+790%0.005+790%
Return On Equity--0.0700.047+49%-0.014+120%0.008+759%0.008+759%
Total Gains Per Share--7.6434.268+79%-2.611+134%6.293+21%6.293+21%
Usd Book Value--29859012.00027592098.300+8%25865957.700+15%26671574.160+12%26671574.160+12%
Usd Book Value Change Per Share--0.0280.015+80%-0.009+134%0.023+22%0.023+22%
Usd Book Value Per Share--0.3850.355+8%0.333+15%0.295+31%0.295+31%
Usd Dividend Per Share---0.000-100%0.000-100%0.000-100%0.000-100%
Usd Eps--0.0270.017+60%-0.005+117%0.004+538%0.004+538%
Usd Free Cash Flow--1700992.80026631.000+6287%-370417.500+122%-125091.540+107%-125091.540+107%
Usd Free Cash Flow Per Share--0.0220.000+6287%-0.005+122%-0.005+122%-0.005+122%
Usd Free Cash Flow To Equity Per Share--0.0220.000+6287%-0.005+122%-0.005+122%-0.005+122%
Usd Market Cap--13311487.9678582038.983+55%10744492.019+24%11730347.023+13%11730347.023+13%
Usd Price Per Share0.244+30%0.1710.111+55%0.138+24%0.173-1%0.173-1%
Usd Profit--2102479.2001317919.500+60%-360646.200+117%242205.660+768%242205.660+768%
Usd Revenue--9961693.2005660035.200+76%5887597.500+69%5144141.160+94%5144141.160+94%
Usd Total Gains Per Share--0.0280.015+79%-0.009+134%0.023+21%0.023+21%
 EOD+2 -4MRQTTM+27 -7YOY+26 -85Y+26 -910Y+26 -9

3.2. Fundamental Score

Let's check the fundamental score of Crescent Steel & Allied Products Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.255
Price to Book Ratio (EOD)Between0-10.635
Net Profit Margin (MRQ)Greater than00.211
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.768
Current Ratio (MRQ)Greater than11.732
Debt to Asset Ratio (MRQ)Less than10.334
Debt to Equity Ratio (MRQ)Less than10.501
Return on Equity (MRQ)Greater than0.150.070
Return on Assets (MRQ)Greater than0.050.047
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Crescent Steel & Allied Products Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.835
Ma 20Greater thanMa 5069.970
Ma 50Greater thanMa 10059.253
Ma 100Greater thanMa 20050.733
OpenGreater thanClose68.900
Total5/5 (100.0%)



Latest Balance Sheet

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

Summary
Total Assets12,453,157
Total Liabilities4,158,987
Total Stockholder Equity8,294,170
 As reported
Total Liabilities 4,158,987
Total Stockholder Equity+ 8,294,170
Total Assets = 12,453,157

Assets

Total Assets12,453,157
Total Current Assets5,776,730
Long-term Assets6,676,427
Total Current Assets
Cash And Cash Equivalents 438,346
Short-term Investments 1,313,288
Net Receivables 1,246,924
Inventory 2,029,606
Total Current Assets  (as reported)5,776,730
Total Current Assets  (calculated)5,028,164
+/- 748,566
Long-term Assets
Property Plant Equipment 2,405,882
Long-term Assets  (as reported)6,676,427
Long-term Assets  (calculated)2,405,882
+/- 4,270,545

Liabilities & Shareholders' Equity

Total Current Liabilities3,335,375
Long-term Liabilities823,612
Total Stockholder Equity8,294,170
Total Current Liabilities
Short Long Term Debt 1,609,706
Accounts payable 240,247
Total Current Liabilities  (as reported)3,335,375
Total Current Liabilities  (calculated)1,849,953
+/- 1,485,422
Long-term Liabilities
Long term Debt 290,929
Capital Lease Obligations Min Short Term Debt270,895
Long-term Liabilities Other 300,198
Long-term Liabilities  (as reported)823,612
Long-term Liabilities  (calculated)862,022
+/- 38,410
Total Stockholder Equity
Retained Earnings 2,846,726
Total Stockholder Equity (as reported)8,294,170
Total Stockholder Equity (calculated)2,846,726
+/- 5,447,444
Other
Capital Stock776,325
Common Stock Shares Outstanding 77,632
Net Debt 1,462,289
Net Invested Capital 10,194,805
Net Working Capital 2,441,355
Property Plant and Equipment Gross 2,405,882



Balance Sheet

Currency in PKR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
11,317,026
10,000,912
9,628,662
10,374,378
10,836,436
11,295,965
10,817,480
10,708,876
11,199,946
10,778,877
11,438,042
11,710,500
11,472,991
9,468,960
10,219,298
10,901,054
11,248,048
11,302,641
12,239,306
12,453,157
12,453,15712,239,30611,302,64111,248,04810,901,05410,219,2989,468,96011,472,99111,710,50011,438,04210,778,87711,199,94610,708,87610,817,48011,295,96510,836,43610,374,3789,628,66210,000,91211,317,026
   > Total Current Assets 
4,348,287
3,114,974
2,721,355
3,295,201
3,903,754
4,489,075
3,900,027
3,686,511
4,273,433
3,857,242
4,584,444
5,833,376
5,479,789
3,221,231
3,851,819
4,352,725
4,523,776
4,101,029
5,207,601
5,776,730
5,776,7305,207,6014,101,0294,523,7764,352,7253,851,8193,221,2315,479,7895,833,3764,584,4443,857,2424,273,4333,686,5113,900,0274,489,0753,903,7543,295,2012,721,3553,114,9744,348,287
       Cash And Cash Equivalents 
24,883
29,620
13,347
16,946
10,580
23,748
27,189
8,693
60,593
4,213
108,314
21,156
15,485
6,807
87,516
21,358
230,310
36,248
294,995
438,346
438,346294,99536,248230,31021,35887,5166,80715,48521,156108,3144,21360,5938,69327,18923,74810,58016,94613,34729,62024,883
       Short-term Investments 
525,104
404,787
325,599
430,157
272,075
339,692
412,822
466,609
499,960
521,641
511,682
513,125
728,650
779,945
793,324
828,689
618,332
834,227
640,199
1,313,288
1,313,288640,199834,227618,332828,689793,324779,945728,650513,125511,682521,641499,960466,609412,822339,692272,075430,157325,599404,787525,104
       Net Receivables 
322,372
96,432
108,415
98,011
246,759
225,799
812,252
252,091
128,236
137,073
540,532
227,646
552,213
175,214
160,057
225,759
586,535
464,043
1,326,045
1,246,924
1,246,9241,326,045464,043586,535225,759160,057175,214552,213227,646540,532137,073128,236252,091812,252225,799246,75998,011108,41596,432322,372
       Inventory 
1,432,174
1,007,153
746,230
1,185,869
1,558,601
2,299,973
1,192,320
1,452,904
1,918,593
1,399,981
1,621,961
1,987,102
2,400,885
1,360,842
1,590,206
1,790,297
1,290,658
1,608,674
2,084,076
2,029,606
2,029,6062,084,0761,608,6741,290,6581,790,2971,590,2061,360,8422,400,8851,987,1021,621,9611,399,9811,918,5931,452,9041,192,3202,299,9731,558,6011,185,869746,2301,007,1531,432,174
       Other Current Assets 
40,452
0
0
0
0
0
0
0
0
0
0
0
0
0
0
106
571,085
0
589
0
05890571,0851060000000000000040,452
   > Long-term Assets 
6,968,739
6,885,938
6,907,307
7,079,177
6,932,682
6,806,890
6,917,453
7,022,365
6,926,513
6,921,635
6,852,947
5,877,124
5,993,202
6,247,729
6,367,479
6,548,329
6,724,272
7,201,612
7,031,705
6,676,427
6,676,4277,031,7057,201,6126,724,2726,548,3296,367,4796,247,7295,993,2025,877,1246,852,9476,921,6356,926,5137,022,3656,917,4536,806,8906,932,6827,079,1776,907,3076,885,9386,968,739
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,209,893
2,231,113
2,298,619
2,520,565
2,475,493
2,405,882
2,405,8822,475,4932,520,5652,298,6192,231,1132,209,89300000000000000
       Intangible Assets 
0
143,535
0
0
0
145,728
0
0
0
153,255
0
0
0
154,101
0
0
0
155,322
0
0
00155,322000154,101000153,255000145,728000143,5350
       Long-term Assets Other 
6,968,739
6,885,938
6,907,307
7,079,177
6,932,682
0
0
0
0
0
0
0
0
0
0
0
0
0
-1
0
0-100000000000006,932,6827,079,1776,907,3076,885,9386,968,739
> Total Liabilities 
3,957,720
3,044,830
2,794,537
3,166,274
3,860,601
4,287,702
3,439,449
2,931,920
3,471,996
2,810,457
3,642,540
3,921,502
3,656,215
2,444,391
3,298,862
3,922,882
4,011,326
3,876,500
4,538,452
4,158,987
4,158,9874,538,4523,876,5004,011,3263,922,8823,298,8622,444,3913,656,2153,921,5023,642,5402,810,4573,471,9962,931,9203,439,4494,287,7023,860,6013,166,2742,794,5373,044,8303,957,720
   > Total Current Liabilities 
3,472,522
2,615,633
2,453,388
2,864,642
3,587,362
4,001,781
3,110,904
2,660,957
3,234,951
2,603,761
3,403,477
3,747,525
3,563,571
2,253,002
3,146,864
3,228,836
3,273,309
3,105,701
3,772,386
3,335,375
3,335,3753,772,3863,105,7013,273,3093,228,8363,146,8642,253,0023,563,5713,747,5253,403,4772,603,7613,234,9512,660,9573,110,9044,001,7813,587,3622,864,6422,453,3882,615,6333,472,522
       Short-term Debt 
2,315,822
1,748,486
1,559,670
1,676,830
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,676,8301,559,6701,748,4862,315,822
       Short Long Term Debt 
2,315,822
1,748,486
1,559,670
1,676,830
2,140,416
2,752,208
1,855,077
1,611,265
1,943,299
1,701,344
2,165,440
2,529,615
2,431,436
973,947
1,477,458
1,641,370
1,619,779
1,559,747
1,894,784
1,609,706
1,609,7061,894,7841,559,7471,619,7791,641,3701,477,458973,9472,431,4362,529,6152,165,4401,701,3441,943,2991,611,2651,855,0772,752,2082,140,4161,676,8301,559,6701,748,4862,315,822
       Accounts payable 
355,551
108,569
171,465
312,915
318,581
317,067
483,107
275,271
407,030
135,386
407,294
386,957
253,715
405,754
580,618
115,646
88,869
75,373
665,585
240,247
240,247665,58575,37388,869115,646580,618405,754253,715386,957407,294135,386407,030275,271483,107317,067318,581312,915171,465108,569355,551
       Other Current Liabilities 
0
0
0
0
0
1
0
0
0
0
0
0
1,272
0
72
1
972
0
0
0
00097217201,272000000100000
   > Long-term Liabilities 
485,198
429,197
341,149
301,632
273,239
285,921
328,545
270,963
237,045
206,696
239,063
173,977
92,644
191,389
151,998
694,046
738,017
770,799
766,066
823,612
823,612766,066770,799738,017694,046151,998191,38992,644173,977239,063206,696237,045270,963328,545285,921273,239301,632341,149429,197485,198
       Long term Debt 
198,463
177,152
132,104
109,380
86,657
190,335
227,538
188,622
157,253
127,676
160,440
91,040
12,461
50,382
12,366
557,986
576,172
424,748
424,562
290,929
290,929424,562424,748576,172557,98612,36650,38212,46191,040160,440127,676157,253188,622227,538190,33586,657109,380132,104177,152198,463
       Capital Lease Obligations 
145,842
154,296
142,766
132,226
120,271
111,287
102,007
84,761
77,338
110,923
109,511
113,818
107,624
88,981
78,373
71,407
95,652
76,673
71,314
270,895
270,89571,31476,67395,65271,40778,37388,981107,624113,818109,511110,92377,33884,761102,007111,287120,271132,226142,766154,296145,842
       Long-term Liabilities Other 
0
100,546
100,546
100,546
100,546
23,713
23,713
23,713
23,713
0
0
0
0
73,562
73,562
73,562
73,562
279,790
279,790
300,198
300,198279,790279,79073,56273,56273,56273,562000023,71323,71323,71323,713100,546100,546100,546100,5460
> Total Stockholder Equity
7,359,306
6,956,082
6,834,125
7,208,104
6,975,835
7,008,263
7,378,031
7,776,956
7,727,950
7,968,420
7,795,502
7,788,998
7,816,776
7,024,569
6,920,436
6,978,172
7,236,722
7,426,141
7,700,854
8,294,170
8,294,1707,700,8547,426,1417,236,7226,978,1726,920,4367,024,5697,816,7767,788,9987,795,5027,968,4207,727,9507,776,9567,378,0317,008,2636,975,8357,208,1046,834,1256,956,0827,359,306
   Common Stock00000000000000000000
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 00000000000000000000



Balance Sheet

Currency in PKR. All numbers in thousands.




Cash Flow

Currency in PKR. All numbers in thousands.




Income Statement

Currency in PKR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue4,320,144
Cost of Revenue-3,739,705
Gross Profit580,439580,439
 
Operating Income (+$)
Gross Profit580,439
Operating Expense-4,009,843
Operating Income310,301-3,429,404
 
Operating Expense (+$)
Research Development0
Selling General Administrative203,988
Selling And Marketing Expenses0
Operating Expense4,009,843203,988
 
Net Interest Income (+$)
Interest Income25,992
Interest Expense-362,685
Other Finance Cost-2,094
Net Interest Income-338,787
 
Pretax Income (+$)
Operating Income310,301
Net Interest Income-338,787
Other Non-Operating Income Expenses0
Income Before Tax (EBT)698,658310,301
EBIT - interestExpense = -362,685
590,577
953,262
Interest Expense362,685
Earnings Before Interest and Taxes (EBIT)01,061,343
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax698,658
Tax Provision-108,081
Net Income From Continuing Ops590,577590,577
Net Income590,577
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0338,787
 

Technical Analysis of Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The general trend of Crescent Steel & Allied Products Ltd is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Crescent Steel & Allied Products Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Crescent Steel & Allied Products 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: 76.50 < 80.00.

The bearish price targets are: 63.11 > 48.92 > 48.25.

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Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current mas is .

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

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

Directionalities and relatives.

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

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

Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current macd is 2.47818089.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Crescent Steel & Allied Products Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Crescent Steel & Allied Products Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Crescent Steel & Allied Products Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Crescent Steel & Allied Products Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCrescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current adx is 32.02.

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 Crescent Steel & Allied Products Ltd 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
Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current sar is 66.60.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Crescent Steel & Allied Products Ltd 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 Crescent Steel & Allied Products Ltd. The current rsi is 50.84. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Crescent Steel & Allied Products Ltd Daily Relative Strength Index (RSI) ChartCrescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Crescent Steel & Allied Products Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Crescent Steel & Allied Products Ltd Daily Stochastic Oscillator ChartCrescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current cci is -46.65580482.

Crescent Steel & Allied Products Ltd Daily Commodity Channel Index (CCI) ChartCrescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current cmo is -9.0288871.

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
Crescent Steel & Allied Products Ltd Daily Chande Momentum Oscillator (CMO) ChartCrescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current willr is -64.6004481.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Crescent Steel & Allied Products Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Crescent Steel & Allied Products Ltd Daily Williams %R ChartCrescent Steel & Allied Products Ltd 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 Crescent Steel & Allied Products Ltd.

Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current atr is 4.24191674.

Crescent Steel & Allied Products Ltd Daily Average True Range (ATR) ChartCrescent Steel & Allied Products Ltd 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 Crescent Steel & Allied Products Ltd. The current obv is 43,531,000.

Crescent Steel & Allied Products Ltd Daily On-Balance Volume (OBV) ChartCrescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd. The current mfi is 65.15.

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
Crescent Steel & Allied Products Ltd Daily Money Flow Index (MFI) ChartCrescent Steel & Allied Products Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Crescent Steel & Allied Products 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
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-26DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09DMI 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
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
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
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-01STOCH 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).
2024-04-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Crescent Steel & Allied Products Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Crescent Steel & Allied Products Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.835
Ma 20Greater thanMa 5069.970
Ma 50Greater thanMa 10059.253
Ma 100Greater thanMa 20050.733
OpenGreater thanClose68.900
Total5/5 (100.0%)
Penke

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