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Carnarvon Petroleum Ltd
Buy, Hold or Sell?

Let's analyse Carnarvon together

PenkeI guess you are interested in Carnarvon Petroleum 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 Carnarvon Petroleum 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 Carnarvon (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.15
Expected worth in 1 year
A$0.14
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
A$-0.01
Return On Investment
-4.2%

For what price can you sell your share?

Current Price per Share
A$0.19
Expected price per share
A$0.18 - A$0.205
How sure are you?
50%

1. Valuation of Carnarvon (5 min.)




Live pricePrice per Share (EOD)

A$0.19

Intrinsic Value Per Share

A$-0.16 - A$0.08

Total Value Per Share

A$-0.02 - A$0.23

2. Growth of Carnarvon (5 min.)




Is Carnarvon growing?

Current yearPrevious yearGrowGrow %
How rich?$173.7m$176.1m-$2.3m-1.4%

How much money is Carnarvon making?

Current yearPrevious yearGrowGrow %
Making money-$2.6m-$35m$32.3m1,212.3%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Carnarvon (5 min.)




4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#141 / 367

Most Revenue
#342 / 367

Most Profit
#293 / 367

Most Efficient
#224 / 367

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

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

What can you expect buying and holding a share of Carnarvon?

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

Speculation

The Price per Share of Carnarvon is A$0.19. 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 Carnarvon.
  • 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 Carnarvon, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.15. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Carnarvon.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-0.8%0.00-0.8%-0.02-10.3%0.00-2.0%0.00-1.0%
Usd Book Value Change Per Share0.00-0.7%0.00-0.7%0.012.9%0.015.6%0.013.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.7%0.00-0.7%0.012.9%0.015.6%0.013.2%
Usd Price Per Share0.08-0.08-0.13-0.18-0.12-
Price to Earnings Ratio-57.13--57.13--6.53--51.38--8.85-
Price-to-Total Gains Ratio-64.59--64.59-22.70-2.62--1.56-
Price to Book Ratio0.88-0.88-1.30-2.42-1.99-
Price-to-Total Gains Ratio-64.59--64.59-22.70-2.62--1.56-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.123937
Number of shares8068
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (8068 shares)-10.5986.29
Gains per Year (8068 shares)-42.37345.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-42-520345335
20-85-940690680
30-127-136010351025
40-169-178013811370
50-212-220017261715
60-254-262020712060
70-297-304024162405
80-339-346027612750
90-381-388031063095
100-424-430034523440

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%4.06.00.040.0%8.027.00.022.9%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%21.014.00.060.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.035.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%21.014.00.060.0%

Fundamentals of Carnarvon

About Carnarvon Petroleum Ltd

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia. Carnarvon Energy Limited was incorporated in 1983 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-08 19:52:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
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
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Carnarvon Petroleum Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Carnarvon earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Carnarvon to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Carnarvon Petroleum Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y7.2%-7.2%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.1%-10.1%
TTM-12.5%-12.5%
YOY-19.1%-19.1%
5Y--16.1%+16.1%
10Y7.2%-35.7%+42.9%
1.1.2. Return on Assets

Shows how efficient Carnarvon is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Carnarvon to the Oil & Gas E&P industry mean.
  • -1.5% Return on Assets means that Carnarvon generated $-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Carnarvon Petroleum Ltd:

  • The MRQ is -1.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM-1.5%0.0%
TTM-1.5%YOY-19.6%+18.1%
TTM-1.5%5Y-4.0%+2.5%
5Y-4.0%10Y-2.9%-1.1%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.5%0.3%-1.8%
TTM-1.5%0.5%-2.0%
YOY-19.6%1.9%-21.5%
5Y-4.0%-1.2%-2.8%
10Y-2.9%-2.4%-0.5%
1.1.3. Return on Equity

Shows how efficient Carnarvon is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Carnarvon to the Oil & Gas E&P industry mean.
  • -1.5% Return on Equity means Carnarvon generated $-0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Carnarvon Petroleum Ltd:

  • The MRQ is -1.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM-1.5%0.0%
TTM-1.5%YOY-19.9%+18.4%
TTM-1.5%5Y-4.0%+2.5%
5Y-4.0%10Y-2.6%-1.4%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.5%1.4%-2.9%
TTM-1.5%1.7%-3.2%
YOY-19.9%4.4%-24.3%
5Y-4.0%-2.5%-1.5%
10Y-2.6%-4.1%+1.5%

1.2. Operating Efficiency of Carnarvon Petroleum Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Carnarvon is operating .

  • Measures how much profit Carnarvon 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 Carnarvon to the Oil & Gas E&P 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 Carnarvon Petroleum Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-1.2%+1.2%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.2%-22.2%
TTM-14.2%-14.2%
YOY-33.0%-33.0%
5Y--4.1%+4.1%
10Y-1.2%-17.6%+16.4%
1.2.2. Operating Ratio

Measures how efficient Carnarvon is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Carnarvon Petroleum Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y0.104-0.104
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.063-1.063
TTM-0.998-0.998
YOY-0.754-0.754
5Y-1.077-1.077
10Y0.1041.176-1.072

1.3. Liquidity of Carnarvon Petroleum Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Carnarvon is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 46.87 means the company has $46.87 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Carnarvon Petroleum Ltd:

  • The MRQ is 46.866. The company is very able to pay all its short-term debts. +2
  • The TTM is 46.866. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ46.866TTM46.8660.000
TTM46.866YOY34.111+12.755
TTM46.8665Y45.406+1.460
5Y45.40610Y47.366-1.960
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ46.8661.187+45.679
TTM46.8661.178+45.688
YOY34.1111.294+32.817
5Y45.4061.325+44.081
10Y47.3661.655+45.711
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Carnarvon to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 46.56 means the company can pay off $46.56 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Carnarvon Petroleum Ltd:

  • The MRQ is 46.556. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 46.556. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ46.556TTM46.5560.000
TTM46.556YOY33.990+12.567
TTM46.5565Y45.115+1.442
5Y45.11510Y49.382-4.267
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ46.5560.652+45.904
TTM46.5560.664+45.892
YOY33.9900.874+33.116
5Y45.1150.829+44.286
10Y49.3820.976+48.406

1.4. Solvency of Carnarvon Petroleum Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Carnarvon assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Carnarvon to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.01 means that Carnarvon assets are financed with 0.8% credit (debt) and the remaining percentage (100% - 0.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Carnarvon Petroleum Ltd:

  • The MRQ is 0.008. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.008. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.008TTM0.0080.000
TTM0.008YOY0.013-0.005
TTM0.0085Y0.012-0.003
5Y0.01210Y0.033-0.021
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0080.407-0.399
TTM0.0080.419-0.411
YOY0.0130.433-0.420
5Y0.0120.468-0.456
10Y0.0330.453-0.420
1.4.2. Debt to Equity Ratio

Measures if Carnarvon is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Carnarvon to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 0.8% means that company has $0.01 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Carnarvon Petroleum Ltd:

  • The MRQ is 0.008. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.008. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.008TTM0.0080.000
TTM0.008YOY0.014-0.005
TTM0.0085Y0.012-0.003
5Y0.01210Y0.039-0.027
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0080.587-0.579
TTM0.0080.601-0.593
YOY0.0140.675-0.661
5Y0.0120.830-0.818
10Y0.0390.785-0.746

2. Market Valuation of Carnarvon Petroleum 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 Carnarvon generates.

  • Above 15 is considered overpriced but always compare Carnarvon to the Oil & Gas E&P industry mean.
  • A PE ratio of -57.13 means the investor is paying $-57.13 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Carnarvon Petroleum Ltd:

  • The EOD is -83.505. Based on the earnings, the company is expensive. -2
  • The MRQ is -57.135. Based on the earnings, the company is expensive. -2
  • The TTM is -57.135. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-83.505MRQ-57.135-26.370
MRQ-57.135TTM-57.1350.000
TTM-57.135YOY-6.531-50.604
TTM-57.1355Y-51.383-5.752
5Y-51.38310Y-8.848-42.536
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-83.5051.497-85.002
MRQ-57.1351.403-58.538
TTM-57.1351.473-58.608
YOY-6.5311.042-7.573
5Y-51.383-0.830-50.553
10Y-8.848-0.906-7.942
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -18.713. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -12.804. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -12.804. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-18.713MRQ-12.804-5.909
MRQ-12.804TTM-12.8040.000
TTM-12.804YOY-8.021-4.782
TTM-12.8045Y-17.152+4.349
5Y-17.15210Y-17.447+0.294
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-18.7130.868-19.581
MRQ-12.8041.145-13.949
TTM-12.804-0.754-12.050
YOY-8.021-0.670-7.351
5Y-17.152-2.893-14.259
10Y-17.447-4.397-13.050
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 0.88 means the investor is paying $0.88 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Carnarvon Petroleum Ltd:

  • The EOD is 1.284. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.879. Based on the equity, the company is cheap. +2
  • The TTM is 0.879. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.284MRQ0.879+0.406
MRQ0.879TTM0.8790.000
TTM0.879YOY1.300-0.422
TTM0.8795Y2.421-1.543
5Y2.42110Y1.993+0.428
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD1.2841.071+0.213
MRQ0.8791.078-0.199
TTM0.8791.081-0.202
YOY1.3001.385-0.085
5Y2.4211.237+1.184
10Y1.9931.431+0.562
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Funds holding Carnarvon Petroleum Ltd

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.002-0.0020%0.009-123%0.016-112%0.009-121%
Book Value Per Share--0.1480.1480%0.150-1%0.132+12%0.099+49%
Current Ratio--46.86646.8660%34.111+37%45.406+3%47.366-1%
Debt To Asset Ratio--0.0080.0080%0.013-38%0.012-29%0.033-75%
Debt To Equity Ratio--0.0080.0080%0.014-39%0.012-29%0.039-78%
Dividend Per Share----0%-0%-0%-0%
Eps---0.002-0.0020%-0.030+1212%-0.006+158%-0.003+27%
Free Cash Flow Per Share---0.010-0.0100%-0.024+139%-0.018+76%-0.014+34%
Free Cash Flow To Equity Per Share---0.010-0.0100%0.014-175%0.004-368%0.004-331%
Gross Profit Margin--2.9502.9500%1.147+157%1.620+82%1.310+125%
Intrinsic Value_10Y_max--0.080--------
Intrinsic Value_10Y_min---0.165--------
Intrinsic Value_1Y_max---0.009--------
Intrinsic Value_1Y_min---0.018--------
Intrinsic Value_3Y_max---0.014--------
Intrinsic Value_3Y_min---0.053--------
Intrinsic Value_5Y_max---0.003--------
Intrinsic Value_5Y_min---0.086--------
Market Cap342036090.880+32%234024693.760234024693.7600%351037040.640-33%493252046.848-53%340055881.933-31%
Net Profit Margin----0%-0%-0%0.072-100%
Operating Margin----0%-0%-0%-0.0120%
Operating Ratio----0%-0%-0%0.104-100%
Pb Ratio1.284+32%0.8790.8790%1.300-32%2.421-64%1.993-56%
Pe Ratio-83.505-46%-57.135-57.1350%-6.531-89%-51.383-10%-8.848-85%
Price Per Share0.190+32%0.1300.1300%0.195-33%0.274-53%0.189-31%
Price To Free Cash Flow Ratio-18.713-46%-12.804-12.8040%-8.021-37%-17.152+34%-17.447+36%
Price To Total Gains Ratio-94.407-46%-64.594-64.5940%22.700-385%2.624-2562%-1.564-98%
Quick Ratio--46.55646.5560%33.990+37%45.115+3%49.382-6%
Return On Assets---0.015-0.0150%-0.196+1188%-0.040+161%-0.029+87%
Return On Equity---0.015-0.0150%-0.199+1195%-0.040+162%-0.026+70%
Total Gains Per Share---0.002-0.0020%0.009-123%0.016-112%0.009-121%
Usd Book Value--173743366.500173743366.5000%176106649.400-1%155153077.420+12%116479710.710+49%
Usd Book Value Change Per Share---0.001-0.0010%0.006-123%0.011-112%0.006-121%
Usd Book Value Per Share--0.0970.0970%0.098-1%0.086+12%0.065+49%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.001-0.0010%-0.019+1212%-0.004+158%-0.002+27%
Usd Free Cash Flow---11922739.400-11922739.4000%-28547257.200+139%-21011757.140+76%-15979458.330+34%
Usd Free Cash Flow Per Share---0.007-0.0070%-0.016+139%-0.012+76%-0.009+34%
Usd Free Cash Flow To Equity Per Share---0.007-0.0070%0.009-175%0.002-368%0.003-331%
Usd Market Cap223110142.081+32%152654307.740152654307.7400%228981461.609-33%321748310.159-53%221818451.785-31%
Usd Price Per Share0.124+32%0.0850.0850%0.127-33%0.179-53%0.123-31%
Usd Profit---2671820.800-2671820.8000%-35063081.900+1212%-6636108.690+148%-3247997.325+22%
Usd Revenue----0%-0%-0%1512879.390-100%
Usd Total Gains Per Share---0.001-0.0010%0.006-123%0.011-112%0.006-121%
 EOD+5 -3MRQTTM+0 -0YOY+17 -135Y+19 -1110Y+18 -15

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-83.505
Price to Book Ratio (EOD)Between0-11.284
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than146.556
Current Ratio (MRQ)Greater than146.866
Debt to Asset Ratio (MRQ)Less than10.008
Debt to Equity Ratio (MRQ)Less than10.008
Return on Equity (MRQ)Greater than0.15-0.015
Return on Assets (MRQ)Greater than0.05-0.015
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.945
Ma 20Greater thanMa 500.190
Ma 50Greater thanMa 1000.195
Ma 100Greater thanMa 2000.190
OpenGreater thanClose0.185
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets268,572
Total Liabilities2,217
Total Stockholder Equity266,355
 As reported
Total Liabilities 2,217
Total Stockholder Equity+ 266,355
Total Assets = 268,572

Assets

Total Assets268,572
Total Current Assets97,013
Long-term Assets171,559
Total Current Assets
Cash And Cash Equivalents 95,519
Short-term Investments 1
Net Receivables 852
Other Current Assets 642
Total Current Assets  (as reported)97,013
Total Current Assets  (calculated)97,014
+/- 1
Long-term Assets
Property Plant Equipment 223
Long Term Investments 1,954
Long-term Assets Other 169,382
Long-term Assets  (as reported)171,559
Long-term Assets  (calculated)171,559
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,070
Long-term Liabilities147
Total Stockholder Equity266,355
Total Current Liabilities
Short-term Debt 220
Accounts payable 1,045
Other Current Liabilities 805
Total Current Liabilities  (as reported)2,070
Total Current Liabilities  (calculated)2,070
+/-0
Long-term Liabilities
Other Liabilities 147
Long-term Liabilities  (as reported)147
Long-term Liabilities  (calculated)147
+/-0
Total Stockholder Equity
Common Stock314,176
Retained Earnings -49,225
Accumulated Other Comprehensive Income 1,404
Total Stockholder Equity (as reported)266,355
Total Stockholder Equity (calculated)266,355
+/-0
Other
Capital Stock314,176
Cash and Short Term Investments 95,519
Common Stock Shares Outstanding 1,800,187
Current Deferred Revenue0
Liabilities and Stockholders Equity 268,572
Net Debt -95,299
Net Invested Capital 266,355
Net Tangible Assets 266,355
Net Working Capital 94,943
Property Plant and Equipment Gross 170,528
Short Long Term Debt Total 220



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-301997-06-301996-06-301995-06-301994-06-301993-06-301992-06-301991-06-301990-06-301989-06-30
> Total Assets 
12,240
12,246
5,943
2,418
7,016
7,275
5,658
3,441
4,832
4,839
4,623
5,081
4,751
5,256
5,570
7,212
6,477
9,377
24,595
66,284
98,818
119,727
102,017
105,941
144,364
132,965
139,406
138,108
100,927
120,260
164,209
239,244
257,274
273,651
268,572
268,572273,651257,274239,244164,209120,260100,927138,108139,406132,965144,364105,941102,017119,72798,81866,28424,5959,3776,4777,2125,5705,2564,7515,0814,6234,8394,8323,4415,6587,2757,0162,4185,94312,24612,240
   > Total Current Assets 
2,989
3,813
907
404
3,209
3,768
3,629
1,600
2,400
3,257
4,524
4,645
1,042
696
640
1,238
642
2,327
12,361
42,609
47,545
42,565
23,910
14,791
31,821
56,673
99,168
90,152
53,909
64,485
74,667
114,727
99,515
113,282
97,013
97,013113,28299,515114,72774,66764,48553,90990,15299,16856,67331,82114,79123,91042,56547,54542,60912,3612,3276421,2386406961,0424,6454,5243,2572,4001,6003,6293,7683,2094049073,8132,989
       Cash And Cash Equivalents 
2,708
154
494
397
3,064
3,012
3,482
1,433
2,160
3,214
1,259
4,374
789
467
357
528
301
1,898
8,927
28,281
31,099
30,255
14,798
7,106
19,525
49,580
97,302
87,847
53,050
63,606
73,900
113,632
98,436
112,424
95,519
95,519112,42498,436113,63273,90063,60653,05087,84797,30249,58019,5257,10614,79830,25531,09928,2818,9271,8983015283574677894,3741,2593,2142,1601,4333,4823,0123,0643974941542,708
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
283
91
18
639
3,455
4,263
1,872
1,460
1,318
305
646
504
466
39,112
555
459
1
1
0
1
101145955539,1124665046463051,3181,4601,8724,2633,4556391891283000000000000000
       Net Receivables 
281
3,659
413
7
129
741
50
146
48
43
3,265
263
221
108
141
246
114
175
1,684
12,443
11,904
7,780
5,444
2,926
5,082
3,937
1,362
297
400
324
308
63
133
456
852
852456133633083244002971,3623,9375,0822,9265,4447,78011,90412,4431,6841751142461411082212633,26543481465074112974133,659281
       Other Current Assets 
0
0
0
0
16
15
97
21
192
0
0
8
33
55
69
76
26
18
639
299
677
440
287
427
251
428
504
1,542
459
555
459
1,032
946
402
642
6424029461,0324595554591,542504428251427287440677299639182676695533800192219715160000
   > Long-term Assets 
9,251
8,433
5,036
2,014
3,807
3,507
2,029
1,841
2,432
1,582
98
436
3,709
4,560
4,930
5,974
5,835
7,050
12,234
23,675
51,273
77,162
78,107
91,150
112,543
76,292
40,238
47,956
47,018
55,775
89,542
124,517
157,759
160,369
171,559
171,559160,369157,759124,51789,54255,77547,01847,95640,23876,292112,54391,15078,10777,16251,27323,67512,2347,0505,8355,9744,9304,5603,709436981,5822,4321,8412,0293,5073,8072,0145,0368,4339,251
       Property Plant Equipment 
9,251
8,433
5,036
2,014
3,676
3,397
1,930
1,760
2,401
1,492
34
15
3,176
4,055
4,559
5,912
5,763
6,997
12,234
23,675
51,273
77,162
78,107
91,150
112,543
54,812
17,530
29,447
47,018
53,478
88,913
858
721
470
223
22347072185888,91353,47847,01829,44717,53054,812112,54391,15078,10777,16251,27323,67512,2346,9975,7635,9124,5594,0553,17615341,4922,4011,7601,9303,3973,6762,0145,0368,4339,251
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,297
629
1,037
27,538
2,636
1,954
1,9542,63627,5381,0376292,29700000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
31
31
31
51
1
1
0
0
0
0
0
0
0
0
21,480
22,708
18,509
0
0
0
0
0
0
0
000000018,50922,70821,48000000000115131313100000000000
> Total Liabilities 
3,594
5,563
2,402
1,710
214
964
118
587
137
153
120
86
617
404
396
260
471
670
3,137
31,271
22,557
37,355
34,718
37,625
47,536
28,205
978
2,600
1,999
1,484
2,437
2,586
2,760
3,673
2,217
2,2173,6732,7602,5862,4371,4841,9992,60097828,20547,53637,62534,71837,35522,55731,2713,137670471260396404617861201531375871189642141,7102,4025,5633,594
   > Total Current Liabilities 
3,230
5,253
2,394
1,706
214
964
107
572
113
130
119
77
617
404
396
260
471
603
3,032
27,533
13,593
14,049
5,916
4,514
4,291
6,198
837
2,398
1,720
1,288
2,154
1,782
2,117
3,321
2,070
2,0703,3212,1171,7822,1541,2881,7202,3988376,1984,2914,5145,91614,04913,59327,5333,032603471260396404617771191301135721079642141,7062,3945,2533,230
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
283
91
0
0
0
0
0
0
0
0
0
0
466
0
0
186
186
203
221
220
22022120318618600466000000000091283000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
21
139
23
26
60
54
44
955
2,352
2,686
307
220
105
533
1,574
521
2,057
1,263
533
1,697
898
1,111
2,324
1,045
1,0452,3241,1118981,6975331,2632,0575211,5745331052203072,6862,35295544546026231392100000000000
       Other Current Liabilities 
3,230
5,253
2,152
1,584
12
21
36
87
110
120
74
56
478
382
370
201
417
559
2,077
25,181
10,907
13,742
5,696
4,409
3,758
4,624
316
341
457
755
457
698
803
776
805
8057768036984577554573413164,6243,7584,4095,69613,74210,90725,1812,0775594172013703824785674120110873621121,5842,1525,2533,230
   > Long-term Liabilities 
364
310
8
4
0
0
11
15
24
24
1
8
0
0
0
0
0
68
105
3,738
8,964
23,306
28,802
33,111
43,245
22,007
141
202
279
196
283
804
643
352
147
14735264380428319627920214122,00743,24533,11128,80223,3068,9643,738105680000081242415110048310364
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
644
441
220
0
02204416440000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
8
0
0
0
0
0
68
105
0
0
0
0
0
0
105
141
202
279
196
283
160
202
132
147
1471322021602831962792021411050000001056800000800000000000
> Total Stockholder Equity
8,646
6,683
3,541
708
6,802
6,311
5,540
2,854
4,695
4,685
4,503
4,995
4,134
4,852
5,175
6,952
6,006
8,706
21,457
35,013
76,261
82,372
67,299
68,316
96,828
104,760
138,428
135,508
98,928
118,776
161,772
236,658
254,514
269,978
266,355
266,355269,978254,514236,658161,772118,77698,928135,508138,428104,76096,82868,31667,29982,37276,26135,01321,4578,7066,0066,9525,1754,8524,1344,9954,5034,6854,6952,8545,5406,3116,8027083,5416,6838,646
   Common Stock
29,146
10,143
10,144
10,144
19,873
22,293
24,505
24,505
28,592
32,347
37,094
38,025
38,111
40,294
42,124
45,318
45,318
50,220
65,041
66,738
68,090
68,240
68,240
68,536
87,573
90,213
90,225
95,401
95,865
115,508
166,081
245,856
246,268
314,096
314,176
314,176314,096246,268245,856166,081115,50895,86595,40190,22590,21387,57368,53668,24068,24068,09066,73865,04150,22045,31845,31842,12440,29438,11138,02537,09432,34728,59224,50524,50522,29319,87310,14410,14410,14329,146
   Retained Earnings 
-20,500
-3,460
-6,603
-9,436
-13,071
-15,982
-18,965
-21,651
-23,898
-27,661
-32,591
-33,030
-33,977
-35,441
-36,949
-38,367
-39,312
-40,146
-41,688
-25,514
10,386
17,122
19,281
16,783
8,398
20,815
50,125
40,415
3,438
4,863
-4,375
-8,512
8,624
-45,129
-49,225
-49,225-45,1298,624-8,512-4,3754,8633,43840,41550,12520,8158,39816,78319,28117,12210,386-25,514-41,688-40,146-39,312-38,367-36,949-35,441-33,977-33,030-32,591-27,661-23,898-21,651-18,965-15,982-13,071-9,436-6,603-3,460-20,500
   Capital Surplus 00000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
166
211
168
125
133
41
0
0
0
0
0
0
0
0
0
0
0
-6,268
-365
-308
-375
-1,595
66
-237
-255
0
-265
-2650-255-23766-1,595-375-308-365-6,268000000000004113312516821116600000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue0
Cost of Revenue-256
Gross Profit-256-256
 
Operating Income (+$)
Gross Profit-256
Operating Expense-7,991
Operating Income-8,247-8,247
 
Operating Expense (+$)
Research Development0
Selling General Administrative3
Selling And Marketing Expenses7,988
Operating Expense7,9917,991
 
Net Interest Income (+$)
Interest Income4,151
Interest Expense-0
Other Finance Cost-761
Net Interest Income3,390
 
Pretax Income (+$)
Operating Income-8,247
Net Interest Income3,390
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-3,304-13,190
EBIT - interestExpense = -8,247
-3,304
-4,096
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-8,247-3,304
Earnings Before Interest and Taxes (EBITDA)-7,991
 
After tax Income (+$)
Income Before Tax-3,304
Tax Provision-0
Net Income From Continuing Ops-4,096-3,304
Net Income-4,096
Net Income Applicable To Common Shares-4,096
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses8,247
Total Other Income/Expenses Net4,943-3,390
 

Technical Analysis of Carnarvon
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 Carnarvon. The general trend of Carnarvon is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Carnarvon's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Carnarvon Petroleum Ltd.

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

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

The bullish price targets are: 0.2 < 0.2 < 0.205.

The bearish price targets are: 0.18 > 0.18 > 0.18.

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Carnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

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

Carnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current macd is -0.0009332.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal 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 Carnarvon price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Carnarvon. 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 Carnarvon 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Carnarvon Petroleum Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCarnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current adx is 12.46.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Carnarvon shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Carnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current sar is 0.19630745.

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
Carnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current rsi is 47.94. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Carnarvon Petroleum Ltd Daily Relative Strength Index (RSI) ChartCarnarvon Petroleum 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 Carnarvon Petroleum 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 -3/(-6 +6).

  • 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 Carnarvon price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Carnarvon Petroleum Ltd Daily Stochastic Oscillator ChartCarnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current cci is -17.67505099.

Carnarvon Petroleum Ltd Daily Commodity Channel Index (CCI) ChartCarnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current cmo is -3.70754197.

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
Carnarvon Petroleum Ltd Daily Chande Momentum Oscillator (CMO) ChartCarnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current willr is -50.

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 Carnarvon is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Carnarvon Petroleum Ltd Daily Williams %R ChartCarnarvon Petroleum 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 Carnarvon Petroleum Ltd.

Carnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current atr is 0.00712463.

Carnarvon Petroleum Ltd Daily Average True Range (ATR) ChartCarnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current obv is -147,029,636.

Carnarvon Petroleum Ltd Daily On-Balance Volume (OBV) ChartCarnarvon Petroleum 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 Carnarvon Petroleum Ltd. The current mfi is 53.08.

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
Carnarvon Petroleum Ltd Daily Money Flow Index (MFI) ChartCarnarvon Petroleum Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Carnarvon Petroleum 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
2023-11-07DMI 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
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line 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).
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06DMI 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.
2023-12-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
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
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24DMI 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.
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21STOCH 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
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.

6.3. Candlestick Patterns

Carnarvon Petroleum Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.945
Ma 20Greater thanMa 500.190
Ma 50Greater thanMa 1000.195
Ma 100Greater thanMa 2000.190
OpenGreater thanClose0.185
Total2/5 (40.0%)
Penke

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