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Danieli & C. Officine Meccaniche S.p.A
Buy, Hold or Sell?

Let's analyse Danieli together

PenkeI guess you are interested in Danieli & C. Officine Meccaniche S.p.A. 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 Danieli & C. Officine Meccaniche S.p.A. 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 Danieli (30 sec.)










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

How much money do you get?

How much money do you get?
€1.25
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€32.53
Expected worth in 1 year
€-73.69
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
€-105.06
Return On Investment
-423.6%

For what price can you sell your share?

Current Price per Share
€24.80
Expected price per share
€21.15 - €24.95
How sure are you?
50%

1. Valuation of Danieli (5 min.)




Live pricePrice per Share (EOD)

€24.80

Intrinsic Value Per Share

€73.85 - €129.67

Total Value Per Share

€106.38 - €162.20

2. Growth of Danieli (5 min.)




Is Danieli growing?

Current yearPrevious yearGrowGrow %
How rich?$2.6b$2.4b$199.7m7.7%

How much money is Danieli making?

Current yearPrevious yearGrowGrow %
Making money$263.5m$236.5m$26.9m10.2%
Net Profit Margin6.0%6.3%--

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

3. Financial Health of Danieli (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#59 / 738

Most Revenue
#19 / 738

Most Profit
#27 / 738

Most Efficient
#331 / 738

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

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

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

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

Speculation

The Price per Share of Danieli is €24.80. 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 Danieli.
  • 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 Danieli, 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 €32.53. Based on the TTM, the Book Value Change Per Share is €-26.56 per quarter. Based on the YOY, the Book Value Change Per Share is €31.87 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 €0.29 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Danieli.

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 Eps3.5614.4%3.5614.4%6.2925.4%2.5810.4%2.6510.7%
Usd Book Value Change Per Share-28.73-115.8%-28.73-115.8%34.48139.0%1.656.6%3.5214.2%
Usd Dividend Per Share0.311.3%0.311.3%0.381.5%0.230.9%0.301.2%
Usd Total Gains Per Share-28.41-114.6%-28.41-114.6%34.86140.6%1.887.6%3.8215.4%
Usd Price Per Share18.19-18.19-14.52-13.65-14.75-
Price to Earnings Ratio5.11-5.11-2.31-8.34-9.61-
Price-to-Total Gains Ratio-0.64--0.64-0.42-7.35-7.14-
Price to Book Ratio0.52-0.52-0.23-0.40-0.42-
Price-to-Total Gains Ratio-0.64--0.64-0.42-7.35-7.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share26.82616
Number of shares37
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.310.23
Usd Book Value Change Per Share-28.731.65
Usd Total Gains Per Share-28.411.88
Gains per Quarter (37 shares)-1,051.2469.54
Gains per Year (37 shares)-4,204.97278.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
146-4251-421534244268
293-8503-842068488546
3139-12754-12625102732824
4186-17005-168301369761102
5232-21257-2103517112201380
6278-25508-2524020514641658
7325-29760-2944523917081936
8371-34011-3365027319522214
9418-38262-3785530721962492
10464-42514-4206034124402770

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%

Fundamentals of Danieli

About Danieli & C. Officine Meccaniche S.p.A

Danieli & C. Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. It operates through two segments, Plant Making and Steel Making. The company designs and builds plants for various process areas, including mines; pellet production plants; blast furnaces; direct reduction; scrap shredders; steelworks for production of liquid steel; and continuous casting for blooms and billets, slabs, and thin slabs. It also designs and builds rolling mills for long products and seamless tubes; lines for welded tubes; hot and cold rolling mills for flat products; process lines for flat products; and plants for dimensional checking and for non-destructive quality control, and conditioning plants. In addition, the company offers plants for secondary processing, such as peeling, straightening, 2-roll reeling, and drawing machines; forging presses and manipulators, and forging plants; extrusion presses for ferrous and non-ferrous materials; plants for longitudinal cutting and for transversal cutting; plant automation systems; and cranes and lifting equipment. Further, it is involved in the production and sale of special steel comprising ingots, blooms, billets, and forged and rolled products; and structural steel comprising high carbon steel, as well as case-hardened, hardened and tempered, and surface hardened steel for use in various engineering components. The company was founded in 1914 and is based in Buttrio, Italy.

Fundamental data was last updated by Penke on 2024-03-08 21:08:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
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 able to pay all its debts by selling its assets.
The company is just 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 Danieli & C. Officine Meccaniche S.p.A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Danieli earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Danieli to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 6.0% means that €0.06 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 6.0%. The company is making a profit. +1
  • The TTM is 6.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.0%TTM6.0%0.0%
TTM6.0%YOY6.3%-0.3%
TTM6.0%5Y4.0%+2.0%
5Y4.0%10Y3.8%+0.2%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0%5.5%+0.5%
TTM6.0%5.2%+0.8%
YOY6.3%5.1%+1.2%
5Y4.0%4.5%-0.5%
10Y3.8%4.7%-0.9%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Danieli to the Specialty Industrial Machinery industry mean.
  • 3.7% Return on Assets means that Danieli generated €0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 3.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.7%TTM3.7%0.0%
TTM3.7%YOY3.5%+0.2%
TTM3.7%5Y2.3%+1.5%
5Y2.3%10Y2.1%+0.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7%1.1%+2.6%
TTM3.7%1.0%+2.7%
YOY3.5%1.1%+2.4%
5Y2.3%1.0%+1.3%
10Y2.1%1.1%+1.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Danieli to the Specialty Industrial Machinery industry mean.
  • 10.1% Return on Equity means Danieli generated €0.10 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 10.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.1%TTM10.1%0.0%
TTM10.1%YOY9.9%+0.3%
TTM10.1%5Y6.1%+4.0%
5Y6.1%10Y6.1%+0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ10.1%2.3%+7.8%
TTM10.1%2.1%+8.0%
YOY9.9%2.2%+7.7%
5Y6.1%2.0%+4.1%
10Y6.1%2.2%+3.9%

1.2. Operating Efficiency of Danieli & C. Officine Meccaniche S.p.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Danieli is operating .

  • Measures how much profit Danieli 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 Danieli to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 7.2% means the company generated €0.07  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 7.2%. The company is operating less efficient.
  • The TTM is 7.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ7.2%TTM7.2%0.0%
TTM7.2%YOY6.3%+0.9%
TTM7.2%5Y5.6%+1.6%
5Y5.6%10Y5.5%+0.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%7.9%-0.7%
TTM7.2%4.7%+2.5%
YOY6.3%6.2%+0.1%
5Y5.6%6.2%-0.6%
10Y5.5%5.0%+0.5%
1.2.2. Operating Ratio

Measures how efficient Danieli is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.69 means that the operating costs are €1.69 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 1.692. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.692. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.692TTM1.6920.000
TTM1.692YOY1.831-0.138
TTM1.6925Y1.612+0.080
5Y1.61210Y1.577+0.035
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6921.536+0.156
TTM1.6921.554+0.138
YOY1.8311.550+0.281
5Y1.6121.525+0.087
10Y1.5771.248+0.329

1.3. Liquidity of Danieli & C. Officine Meccaniche S.p.A.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 1.39 means the company has €1.39 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 1.393. The company is just able to pay all its short-term debts.
  • The TTM is 1.393. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.393TTM1.3930.000
TTM1.393YOY1.324+0.069
TTM1.3935Y1.385+0.007
5Y1.38510Y1.379+0.006
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3931.679-0.286
TTM1.3931.688-0.295
YOY1.3241.649-0.325
5Y1.3851.740-0.355
10Y1.3791.534-0.155
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Danieli to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.42 means the company can pay off €0.42 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 0.417. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.417. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.417TTM0.4170.000
TTM0.417YOY0.452-0.035
TTM0.4175Y0.511-0.094
5Y0.51110Y0.547-0.036
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4170.724-0.307
TTM0.4170.749-0.332
YOY0.4520.814-0.362
5Y0.5110.858-0.347
10Y0.5470.860-0.313

1.4. Solvency of Danieli & C. Officine Meccaniche S.p.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Danieli to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.63 means that Danieli assets are financed with 63.2% credit (debt) and the remaining percentage (100% - 63.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 0.632. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.632. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.632TTM0.6320.000
TTM0.632YOY0.639-0.007
TTM0.6325Y0.629+0.003
5Y0.62910Y0.640-0.011
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6320.499+0.133
TTM0.6320.503+0.129
YOY0.6390.504+0.135
5Y0.6290.497+0.132
10Y0.6400.491+0.149
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Danieli to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 171.9% means that company has €1.72 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The MRQ is 1.719. The company is just able to pay all its debts with equity.
  • The TTM is 1.719. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.719TTM1.7190.000
TTM1.719YOY1.775-0.056
TTM1.7195Y1.698+0.021
5Y1.69810Y1.799-0.101
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7190.997+0.722
TTM1.7191.016+0.703
YOY1.7751.016+0.759
5Y1.6981.052+0.646
10Y1.7991.033+0.766

2. Market Valuation of Danieli & C. Officine Meccaniche S.p.A

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 Danieli generates.

  • Above 15 is considered overpriced but always compare Danieli to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 5.11 means the investor is paying €5.11 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The EOD is 7.534. Based on the earnings, the company is underpriced. +1
  • The MRQ is 5.110. Based on the earnings, the company is cheap. +2
  • The TTM is 5.110. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.534MRQ5.110+2.424
MRQ5.110TTM5.1100.000
TTM5.110YOY2.309+2.801
TTM5.1105Y8.344-3.234
5Y8.34410Y9.614-1.270
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD7.53419.375-11.841
MRQ5.11018.592-13.482
TTM5.11019.380-14.270
YOY2.30918.029-15.720
5Y8.34421.975-13.631
10Y9.61428.443-18.829
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The EOD is 3.834. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.600. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.600. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.834MRQ2.600+1.234
MRQ2.600TTM2.6000.000
TTM2.600YOY3.033-0.433
TTM2.6005Y11.589-8.989
5Y11.58910Y15.243-3.654
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD3.8345.634-1.800
MRQ2.6005.073-2.473
TTM2.6002.621-0.021
YOY3.033-0.130+3.163
5Y11.5890.550+11.039
10Y15.2431.971+13.272
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 0.52 means the investor is paying €0.52 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Danieli & C. Officine Meccaniche S.p.A:

  • The EOD is 0.762. Based on the equity, the company is cheap. +2
  • The MRQ is 0.517. Based on the equity, the company is cheap. +2
  • The TTM is 0.517. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.762MRQ0.517+0.245
MRQ0.517TTM0.5170.000
TTM0.517YOY0.227+0.290
TTM0.5175Y0.398+0.119
5Y0.39810Y0.417-0.019
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD0.7622.090-1.328
MRQ0.5172.124-1.607
TTM0.5172.181-1.664
YOY0.2272.351-2.124
5Y0.3982.377-1.979
10Y0.4172.932-2.515
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Danieli & C. Officine Meccaniche S.p.A 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---26.556-26.5560%31.872-183%1.524-1842%3.253-916%
Book Value Per Share--32.52932.5290%59.085-45%34.077-5%35.790-9%
Current Ratio--1.3931.3930%1.324+5%1.385+1%1.379+1%
Debt To Asset Ratio--0.6320.6320%0.639-1%0.629+0%0.640-1%
Debt To Equity Ratio--1.7191.7190%1.775-3%1.698+1%1.799-4%
Dividend Per Share--0.2900.2900%0.355-18%0.213+36%0.278+4%
Eps--3.2923.2920%5.813-43%2.387+38%2.446+35%
Free Cash Flow Per Share--6.4696.4690%4.424+46%2.787+132%1.414+357%
Free Cash Flow To Equity Per Share--2.6582.6580%8.905-70%3.270-19%0.795+234%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--129.674--------
Intrinsic Value_10Y_min--73.847--------
Intrinsic Value_1Y_max--6.152--------
Intrinsic Value_1Y_min--3.991--------
Intrinsic Value_3Y_max--23.699--------
Intrinsic Value_3Y_min--15.014--------
Intrinsic Value_5Y_max--47.532--------
Intrinsic Value_5Y_min--29.267--------
Market Cap904485760.000-38%1244974535.0201244974535.0200%504913140.600+147%838040321.284+49%802725093.082+55%
Net Profit Margin--0.0600.0600%0.063-5%0.040+49%0.038+57%
Operating Margin--0.0720.0720%0.063+14%0.056+28%0.055+31%
Operating Ratio--1.6921.6920%1.831-8%1.612+5%1.577+7%
Pb Ratio0.762+32%0.5170.5170%0.227+128%0.398+30%0.417+24%
Pe Ratio7.534+32%5.1105.1100%2.309+121%8.344-39%9.614-47%
Price Per Share24.800+32%16.82016.8200%13.420+25%12.620+33%13.632+23%
Price To Free Cash Flow Ratio3.834+32%2.6002.6000%3.033-14%11.589-78%15.243-83%
Price To Total Gains Ratio-0.944-47%-0.640-0.6400%0.416-254%7.353-109%7.135-109%
Quick Ratio--0.4170.4170%0.452-8%0.511-18%0.547-24%
Return On Assets--0.0370.0370%0.035+5%0.023+65%0.021+74%
Return On Equity--0.1010.1010%0.099+3%0.061+65%0.061+66%
Total Gains Per Share---26.266-26.2660%32.227-182%1.737-1612%3.530-844%
Usd Book Value--2604413416.8002604413416.8000%2404614773.200+8%2267862797.760+15%2076107459.020+25%
Usd Book Value Change Per Share---28.725-28.7250%34.476-183%1.649-1842%3.519-916%
Usd Book Value Per Share--35.18635.1860%63.912-45%36.861-5%38.714-9%
Usd Dividend Per Share--0.3130.3130%0.384-18%0.230+36%0.300+4%
Usd Eps--3.5613.5610%6.288-43%2.582+38%2.646+35%
Usd Free Cash Flow--517915796.600517915796.6000%180065190.500+188%188433438.040+175%92733383.810+458%
Usd Free Cash Flow Per Share--6.9976.9970%4.786+46%3.015+132%1.530+357%
Usd Free Cash Flow To Equity Per Share--2.8752.8750%9.632-70%3.538-19%0.860+234%
Usd Market Cap978382246.592-38%1346688954.5311346688954.5310%546164544.187+147%906508215.533+49%868307733.187+55%
Usd Price Per Share26.826+32%18.19418.1940%14.516+25%13.651+33%14.746+23%
Usd Profit--263547551.400263547551.4000%236584015.500+11%145477400.320+81%128173229.080+106%
Usd Revenue--4406597009.0004406597009.0000%3756112387.200+17%3392656860.400+30%3228802026.100+36%
Usd Total Gains Per Share---28.412-28.4120%34.859-182%1.879-1612%3.819-844%
 EOD+1 -7MRQTTM+0 -0YOY+17 -185Y+20 -1510Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of Danieli & C. Officine Meccaniche S.p.A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.534
Price to Book Ratio (EOD)Between0-10.762
Net Profit Margin (MRQ)Greater than00.060
Operating Margin (MRQ)Greater than00.072
Quick Ratio (MRQ)Greater than10.417
Current Ratio (MRQ)Greater than11.393
Debt to Asset Ratio (MRQ)Less than10.632
Debt to Equity Ratio (MRQ)Less than11.719
Return on Equity (MRQ)Greater than0.150.101
Return on Assets (MRQ)Greater than0.050.037
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Danieli & C. Officine Meccaniche S.p.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.082
Ma 20Greater thanMa 5024.203
Ma 50Greater thanMa 10023.181
Ma 100Greater thanMa 20021.867
OpenGreater thanClose24.750
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets6,540,936
Total Liabilities4,133,232
Total Stockholder Equity2,404,713
 As reported
Total Liabilities 4,133,232
Total Stockholder Equity+ 2,404,713
Total Assets = 6,540,936

Assets

Total Assets6,540,936
Total Current Assets5,216,288
Long-term Assets1,324,643
Total Current Assets
Cash And Cash Equivalents 1,749,633
Short-term Investments 459,610
Net Receivables 1,101,970
Inventory 1,640,475
Other Current Assets 9,457
Total Current Assets  (as reported)5,216,288
Total Current Assets  (calculated)4,961,145
+/- 255,143
Long-term Assets
Property Plant Equipment 1,006,527
Goodwill 4,537
Intangible Assets 40,306
Other Assets 263,805
Long-term Assets  (as reported)1,324,643
Long-term Assets  (calculated)1,315,175
+/- 9,468

Liabilities & Shareholders' Equity

Total Current Liabilities3,745,347
Long-term Liabilities387,886
Total Stockholder Equity2,404,713
Total Current Liabilities
Short Long Term Debt 52,023
Accounts payable 1,410,078
Other Current Liabilities 2,165,370
Total Current Liabilities  (as reported)3,745,347
Total Current Liabilities  (calculated)3,627,471
+/- 117,876
Long-term Liabilities
Long term Debt 228,363
Capital Lease Obligations Min Short Term Debt34,448
Other Liabilities 133,176
Long-term Liabilities Other 178
Deferred Long Term Liability 13,442
Long-term Liabilities  (as reported)387,886
Long-term Liabilities  (calculated)409,607
+/- 21,721
Total Stockholder Equity
Common Stock81,305
Retained Earnings 1,706,996
Other Stockholders Equity 682,802
Total Stockholder Equity (as reported)2,404,713
Total Stockholder Equity (calculated)2,471,103
+/- 66,390
Other
Capital Stock81,305
Common Stock Shares Outstanding 74,018
Net Invested Capital 2,685,099
Net Tangible Assets 2,373,312
Net Working Capital 1,470,887
Property Plant and Equipment Gross 2,635,491



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-30
> Total Assets 
5,122,032
5,156,769
5,333,057
4,811,871
4,687,934
5,070,934
5,075,230
5,451,472
6,162,561
6,540,936
6,540,9366,162,5615,451,4725,075,2305,070,9344,687,9344,811,8715,333,0575,156,7695,122,032
   > Total Current Assets 
4,029,063
3,991,742
4,149,392
3,654,432
3,579,069
4,020,064
3,855,931
4,190,983
4,863,214
5,216,288
5,216,2884,863,2144,190,9833,855,9314,020,0643,579,0693,654,4324,149,3923,991,7424,029,063
       Cash And Cash Equivalents 
1,303,785
1,359,257
1,389,527
1,078,513
927,185
1,102,883
990,441
1,072,869
1,516,077
1,749,633
1,749,6331,516,0771,072,869990,4411,102,883927,1851,078,5131,389,5271,359,2571,303,785
       Short-term Investments 
330,790
327,809
456,121
557,140
427,240
548,574
581,015
688,908
550,190
459,610
459,610550,190688,908581,015548,574427,240557,140456,121327,809330,790
       Net Receivables 
1,266,385
1,218,271
1,364,785
1,051,768
1,203,174
1,227,454
934,507
843,588
1,110,042
1,101,970
1,101,9701,110,042843,588934,5071,227,4541,203,1741,051,7681,364,7851,218,2711,266,385
       Inventory 
1,116,610
1,060,689
926,775
956,708
1,009,653
1,127,028
1,182,464
1,479,230
1,452,587
1,640,475
1,640,4751,452,5871,479,2301,182,4641,127,0281,009,653956,708926,7751,060,6891,116,610
       Other Current Assets 
5,329
13,767
9,016
7,120
6,007
4,758
7,342
6,563
8,080
9,457
9,4578,0806,5637,3424,7586,0077,1209,01613,7675,329
   > Long-term Assets 
0
0
1,183,665
1,157,439
1,108,865
1,050,870
1,219,299
1,260,490
1,299,346
1,324,643
1,324,6431,299,3461,260,4901,219,2991,050,8701,108,8651,157,4391,183,66500
       Property Plant Equipment 
779,005
908,054
905,609
908,740
865,253
835,230
952,783
996,422
1,011,971
1,006,527
1,006,5271,011,971996,422952,783835,230865,253908,740905,609908,054779,005
       Goodwill 
4,943
5,217
7,658
7,804
7,789
7,767
7,733
7,928
7,937
4,537
4,5377,9377,9287,7337,7677,7897,8047,6585,2174,943
       Long Term Investments 
27,003
7,696
7,129
10,139
10,622
11,710
0
0
0
0
000011,71010,62210,1397,1297,69627,003
       Intangible Assets 
35,132
35,545
58,429
66,611
56,226
35,744
32,346
30,032
33,285
40,306
40,30633,28530,03232,34635,74456,22666,61158,42935,54535,132
       Long-term Assets Other 
0
0
0
0
1,108,865
1,050,870
0
1
0
-5
-50101,050,8701,108,8650000
> Total Liabilities 
3,573,636
3,443,025
3,555,899
2,994,043
2,834,918
3,171,745
3,138,601
3,435,126
3,939,565
4,133,232
4,133,2323,939,5653,435,1263,138,6013,171,7452,834,9182,994,0433,555,8993,443,0253,573,636
   > Total Current Liabilities 
3,116,786
2,854,056
3,052,156
2,743,812
2,415,587
2,792,564
2,819,107
2,986,595
3,673,973
3,745,347
3,745,3473,673,9732,986,5952,819,1072,792,5642,415,5872,743,8123,052,1562,854,0563,116,786
       Short-term Debt 
392,912
50,914
154,211
340,791
137,178
226,495
0
0
0
0
0000226,495137,178340,791154,21150,914392,912
       Short Long Term Debt 
392,912
50,914
154,211
340,791
137,178
226,495
344,034
240,295
396,960
52,023
52,023396,960240,295344,034226,495137,178340,791154,21150,914392,912
       Accounts payable 
952,966
1,003,556
960,470
939,136
946,609
1,113,181
1,091,860
1,075,954
1,330,285
1,410,078
1,410,0781,330,2851,075,9541,091,8601,113,181946,609939,136960,4701,003,556952,966
       Other Current Liabilities 
1,890,722
1,613,097
1,833,511
1,361,362
1,220,406
1,343,017
1,269,404
1,564,053
1,825,339
2,165,370
2,165,3701,825,3391,564,0531,269,4041,343,0171,220,4061,361,3621,833,5111,613,0971,890,722
   > Long-term Liabilities 
0
0
646,993
250,231
419,331
379,181
319,494
448,530
265,594
387,886
387,886265,594448,530319,494379,181419,331250,231646,99300
       Capital Lease Obligations 
0
0
0
0
0
0
45,646
41,704
40,665
34,448
34,44840,66541,70445,646000000
       Long-term Liabilities Other 
0
0
18
10,606
3,348
68
1,726
8,348
181
178
1781818,3481,726683,34810,6061800
       Deferred Long Term Liability 
9,529
6,222
24,660
46,039
36,435
15,036
12,286
10,104
11,410
13,442
13,44211,41010,10412,28615,03636,43546,03924,6606,2229,529
> Total Stockholder Equity
1,547,436
1,712,843
1,776,536
1,818,520
1,853,312
1,899,724
1,936,705
2,014,020
2,219,744
2,404,713
2,404,7132,219,7442,014,0201,936,7051,899,7241,853,3121,818,5201,776,5361,712,8431,547,436
   Common Stock
81,305
81,305
81,305
81,305
81,305
81,305
81,305
81,305
81,305
81,305
81,30581,30581,30581,30581,30581,30581,30581,30581,30581,305
   Retained Earnings 
1,156,305
1,186,308
1,134,056
1,181,619
1,225,635
1,085,698
1,183,832
1,254,086
1,478,952
1,706,996
1,706,9961,478,9521,254,0861,183,8321,085,6981,225,6351,181,6191,134,0561,186,3081,156,305
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
370,238
505,642
621,587
616,008
606,784
793,133
731,980
743,244
746,360
682,802
682,802746,360743,244731,980793,133606,784616,008621,587505,642370,238



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue4,073,770
Cost of Revenue-3,070,388
Gross Profit1,003,3821,003,382
 
Operating Income (+$)
Gross Profit1,003,382
Operating Expense-3,824,005
Operating Income249,765-2,820,623
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense3,824,0050
 
Net Interest Income (+$)
Interest Income42,186
Interest Expense-6,544
Other Finance Cost-17,176
Net Interest Income18,466
 
Pretax Income (+$)
Operating Income249,765
Net Interest Income18,466
Other Non-Operating Income Expenses0
Income Before Tax (EBT)297,162249,765
EBIT - interestExpense = 287,337
299,507
250,186
Interest Expense6,544
Earnings Before Interest and Taxes (EBIT)293,881303,706
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax297,162
Tax Provision-55,865
Net Income From Continuing Ops241,297241,297
Net Income243,642
Net Income Applicable To Common Shares243,642
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses866,756
Total Other Income/Expenses Net0-18,466
 

Technical Analysis of Danieli
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 Danieli. The general trend of Danieli is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Danieli's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Danieli & C. Officine Meccaniche S.p.A.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 24.95.

The bearish price targets are: 23.90 > 22.40 > 21.15.

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Danieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current mas is .

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

Danieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current macd is 0.45863012.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 Danieli price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Danieli. 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 Danieli 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 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
Danieli & C. Officine Meccaniche S.p.A Daily Moving Average Convergence/Divergence (MACD) ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current adx is 36.28.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Danieli shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Danieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current sar is 23.90.

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
Danieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current rsi is 61.08. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Danieli & C. Officine Meccaniche S.p.A Daily Relative Strength Index (RSI) ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Danieli price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Danieli & C. Officine Meccaniche S.p.A Daily Stochastic Oscillator ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current cci is 102.87.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Danieli & C. Officine Meccaniche S.p.A Daily Commodity Channel Index (CCI) ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current cmo is 22.53.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Danieli & C. Officine Meccaniche S.p.A Daily Chande Momentum Oscillator (CMO) ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current willr is -12.5.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Danieli & C. Officine Meccaniche S.p.A Daily Williams %R ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A.

Danieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current atr is 0.53332669.

Danieli & C. Officine Meccaniche S.p.A Daily Average True Range (ATR) ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current obv is 2,988,643.

Danieli & C. Officine Meccaniche S.p.A Daily On-Balance Volume (OBV) ChartDanieli & C. Officine Meccaniche S.p.A 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 Danieli & C. Officine Meccaniche S.p.A. The current mfi is 79.72.

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
Danieli & C. Officine Meccaniche S.p.A Daily Money Flow Index (MFI) ChartDanieli & C. Officine Meccaniche S.p.A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Danieli & C. Officine Meccaniche S.p.A.

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

6.3. Candlestick Patterns

Danieli & C. Officine Meccaniche S.p.A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Danieli & C. Officine Meccaniche S.p.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.082
Ma 20Greater thanMa 5024.203
Ma 50Greater thanMa 10023.181
Ma 100Greater thanMa 20021.867
OpenGreater thanClose24.750
Total4/5 (80.0%)
Penke

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