25 XP   0   0   10

Dev Information Technology Ltd
Buy, Hold or Sell?

Let's analyse Dev Information Technology Ltd together

PenkeI guess you are interested in Dev Information Technology 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 Dev Information Technology 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.

Get notifications about Dev Information Technology Ltd

I send you an email if I find something interesting about Dev Information Technology Ltd.

Quick analysis of Dev Information Technology Ltd (30 sec.)










What can you expect buying and holding a share of Dev Information Technology Ltd? (30 sec.)

How much money do you get?

How much money do you get?
INR0.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR18.55
Expected worth in 1 year
INR34.30
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
INR16.73
Return On Investment
16.5%

For what price can you sell your share?

Current Price per Share
INR101.45
Expected price per share
INR91.80 - INR129.14
How sure are you?
50%

1. Valuation of Dev Information Technology Ltd (5 min.)




Live pricePrice per Share (EOD)

INR101.45

Intrinsic Value Per Share

INR-49.96 - INR-60.65

Total Value Per Share

INR-31.41 - INR-42.10

2. Growth of Dev Information Technology Ltd (5 min.)




Is Dev Information Technology Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$4.9m$3.9m$1m21.2%

How much money is Dev Information Technology Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1m$16k$1m98.5%
Net Profit Margin7.2%0.1%--

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

3. Financial Health of Dev Information Technology Ltd (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  


Richest
#357 / 401

Most Revenue
#317 / 401

Most Profit
#223 / 401

Most Efficient
#113 / 401

What can you expect buying and holding a share of Dev Information Technology Ltd? (5 min.)

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

What can you expect buying and holding a share of Dev Information Technology Ltd?

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

Speculation

The Price per Share of Dev Information Technology Ltd is INR101.45. 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 Dev Information Technology Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR18.55. Based on the TTM, the Book Value Change Per Share is INR3.94 per quarter. Based on the YOY, the Book Value Change Per Share is INR-0.58 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 INR0.25 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Dev Information Technology Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.050.0%0.050.0%0.000.0%0.020.0%0.020.0%
Usd Book Value Change Per Share0.050.0%0.050.0%-0.010.0%0.060.1%0.060.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.050.0%0.050.0%-0.010.0%0.060.1%0.060.1%
Usd Price Per Share1.14-1.14-3.16-2.14-2.14-
Price to Earnings Ratio23.83-23.83-4,410.34-736.30-736.30-
Price-to-Total Gains Ratio22.80-22.80--577.38-16.06-16.06-
Price to Book Ratio5.14-5.14-18.03-11.69-11.69-
Price-to-Total Gains Ratio22.80-22.80--577.38-16.06-16.06-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.2174
Number of shares821
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.050.06
Usd Total Gains Per Share0.050.06
Gains per Quarter (821 shares)41.2047.21
Gains per Year (821 shares)164.81188.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1101551556183179
21931032012366368
32946548518548557
43962065024731746
54977681530914935
6589319803610971124
768108611454212791313
878124113104814621502
987139614755516451691
1097155116406118281880

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%2.01.00.066.7%3.01.00.075.0%3.01.00.075.0%3.01.00.075.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.01.00.075.0%3.01.00.075.0%3.01.00.075.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.01.00.075.0%3.01.00.075.0%3.01.00.075.0%

Fundamentals of Dev Information Technology Ltd

About Dev Information Technology Ltd

Dev Information Technology Limited provides information technology enabled services in India. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, and cloud backup and recovery services; and managed IT services, such as managed workplace and technical helpdesk services, as well as data center support services comprising incident and problem management, server management, database administration, and network and firewall security. It also provides digital services consisting of ecommerce storefronts and digital marketing services; modern workplace and cyber security services that include identity and access management, data safeguarding, security and compliance, and VAPT, as well as proactive surveillance, threat detection, and neutralization services; and mobile applications development and mobile cloud applications. In addition, the company offers productivity software, SSL certificate, and digital signature certificate services; Microsoft Dynamics 365 F&O, Microsoft Dynamics CRM, and Microsoft Dynamics AX; and Web and windows application development. The company was incorporated in 1997 and is based in Ahmedabad, India.

Fundamental data was last updated by Penke on 2024-03-10 20:48:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is 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 able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Dev Information Technology Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Dev Information Technology Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Dev Information Technology Ltd to the Information Technology Services industry mean.
  • A Net Profit Margin of 7.2% means that ₹0.07 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Dev Information Technology Ltd:

  • The MRQ is 7.2%. The company is making a profit. +1
  • The TTM is 7.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM7.2%0.0%
TTM7.2%YOY0.1%+7.1%
TTM7.2%5Y3.4%+3.8%
5Y3.4%10Y3.4%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%3.7%+3.5%
TTM7.2%3.6%+3.6%
YOY0.1%3.4%-3.3%
5Y3.4%3.4%+0.0%
10Y3.4%3.3%+0.1%
1.1.2. Return on Assets

Shows how efficient Dev Information Technology Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Dev Information Technology Ltd to the Information Technology Services industry mean.
  • 13.2% Return on Assets means that Dev Information Technology Ltd generated ₹0.13 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Dev Information Technology Ltd:

  • The MRQ is 13.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 13.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ13.2%TTM13.2%0.0%
TTM13.2%YOY0.2%+13.0%
TTM13.2%5Y5.3%+8.0%
5Y5.3%10Y5.3%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ13.2%1.3%+11.9%
TTM13.2%1.3%+11.9%
YOY0.2%1.3%-1.1%
5Y5.3%1.3%+4.0%
10Y5.3%1.3%+4.0%
1.1.3. Return on Equity

Shows how efficient Dev Information Technology Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Dev Information Technology Ltd to the Information Technology Services industry mean.
  • 21.6% Return on Equity means Dev Information Technology Ltd generated ₹0.22 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Dev Information Technology Ltd:

  • The MRQ is 21.6%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 21.6%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ21.6%TTM21.6%0.0%
TTM21.6%YOY0.4%+21.2%
TTM21.6%5Y8.9%+12.7%
5Y8.9%10Y8.9%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ21.6%2.8%+18.8%
TTM21.6%2.7%+18.9%
YOY0.4%3.3%-2.9%
5Y8.9%3.2%+5.7%
10Y8.9%3.0%+5.9%

1.2. Operating Efficiency of Dev Information Technology Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Dev Information Technology Ltd is operating .

  • Measures how much profit Dev Information Technology Ltd makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Dev Information Technology Ltd to the Information Technology Services industry mean.
  • An Operating Margin of 4.6% means the company generated ₹0.05  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Dev Information Technology Ltd:

  • The MRQ is 4.6%. The company is operating less efficient.
  • The TTM is 4.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.6%TTM4.6%0.0%
TTM4.6%YOY3.8%+0.8%
TTM4.6%5Y3.7%+0.9%
5Y3.7%10Y3.7%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6%7.0%-2.4%
TTM4.6%4.0%+0.6%
YOY3.8%5.7%-1.9%
5Y3.7%5.1%-1.4%
10Y3.7%4.7%-1.0%
1.2.2. Operating Ratio

Measures how efficient Dev Information Technology Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • An Operation Ratio of 1.86 means that the operating costs are ₹1.86 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Dev Information Technology Ltd:

  • The MRQ is 1.856. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.856. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.856TTM1.8560.000
TTM1.856YOY1.843+0.013
TTM1.8565Y1.844+0.013
5Y1.84410Y1.8440.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8561.133+0.723
TTM1.8561.178+0.678
YOY1.8431.078+0.765
5Y1.8441.121+0.723
10Y1.8441.087+0.757

1.3. Liquidity of Dev Information Technology Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Dev Information Technology Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
  • A Current Ratio of 2.08 means the company has ₹2.08 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Dev Information Technology Ltd:

  • The MRQ is 2.075. The company is able to pay all its short-term debts. +1
  • The TTM is 2.075. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.075TTM2.0750.000
TTM2.075YOY1.517+0.558
TTM2.0755Y1.727+0.348
5Y1.72710Y1.7270.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0751.467+0.608
TTM2.0751.466+0.609
YOY1.5171.584-0.067
5Y1.7271.628+0.099
10Y1.7271.577+0.150
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Dev Information Technology Ltd to the Information Technology Services industry mean.
  • A Quick Ratio of 1.69 means the company can pay off ₹1.69 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Dev Information Technology Ltd:

  • The MRQ is 1.694. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.694. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.694TTM1.6940.000
TTM1.694YOY1.013+0.681
TTM1.6945Y1.158+0.535
5Y1.15810Y1.1580.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6941.002+0.692
TTM1.6941.010+0.684
YOY1.0131.161-0.148
5Y1.1581.194-0.036
10Y1.1581.162-0.004

1.4. Solvency of Dev Information Technology Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Dev Information Technology Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Dev Information Technology Ltd to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.39 means that Dev Information Technology Ltd assets are financed with 38.6% credit (debt) and the remaining percentage (100% - 38.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Dev Information Technology Ltd:

  • The MRQ is 0.386. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.386. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.386TTM0.3860.000
TTM0.386YOY0.507-0.121
TTM0.3865Y0.444-0.058
5Y0.44410Y0.4440.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3860.502-0.116
TTM0.3860.499-0.113
YOY0.5070.498+0.009
5Y0.4440.506-0.062
10Y0.4440.495-0.051
1.4.2. Debt to Equity Ratio

Measures if Dev Information Technology Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Dev Information Technology Ltd to the Information Technology Services industry mean.
  • A Debt to Equity ratio of 62.9% means that company has ₹0.63 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Dev Information Technology Ltd:

  • The MRQ is 0.629. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.629. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.629TTM0.6290.000
TTM0.629YOY1.028-0.399
TTM0.6295Y0.812-0.183
5Y0.81210Y0.8120.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6290.938-0.309
TTM0.6290.984-0.355
YOY1.0280.972+0.056
5Y0.8121.046-0.234
10Y0.8121.057-0.245

2. Market Valuation of Dev Information Technology 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 Dev Information Technology Ltd generates.

  • Above 15 is considered overpriced but always compare Dev Information Technology Ltd to the Information Technology Services industry mean.
  • A PE ratio of 23.83 means the investor is paying ₹23.83 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Dev Information Technology Ltd:

  • The EOD is 25.354. Based on the earnings, the company is overpriced. -1
  • The MRQ is 23.829. Based on the earnings, the company is fair priced.
  • The TTM is 23.829. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.354MRQ23.829+1.524
MRQ23.829TTM23.8290.000
TTM23.829YOY4,410.341-4,386.512
TTM23.8295Y736.297-712.468
5Y736.29710Y736.2970.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD25.35415.268+10.086
MRQ23.82912.943+10.886
TTM23.82914.770+9.059
YOY4,410.34117.385+4,392.956
5Y736.29718.091+718.206
10Y736.29720.242+716.055
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Dev Information Technology Ltd:

  • The EOD is -30.693. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -28.848. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -28.848. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-30.693MRQ-28.848-1.846
MRQ-28.848TTM-28.8480.000
TTM-28.848YOY182.979-211.827
TTM-28.8485Y103.419-132.267
5Y103.41910Y103.4190.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD-30.6936.559-37.252
MRQ-28.8486.379-35.227
TTM-28.8484.370-33.218
YOY182.9796.332+176.647
5Y103.4195.929+97.490
10Y103.4195.680+97.739
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Dev Information Technology Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • A PB ratio of 5.14 means the investor is paying ₹5.14 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Dev Information Technology Ltd:

  • The EOD is 5.469. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.140. Based on the equity, the company is overpriced. -1
  • The TTM is 5.140. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.469MRQ5.140+0.329
MRQ5.140TTM5.1400.000
TTM5.140YOY18.029-12.889
TTM5.1405Y11.685-6.545
5Y11.68510Y11.6850.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD5.4692.403+3.066
MRQ5.1402.210+2.930
TTM5.1402.324+2.816
YOY18.0292.739+15.290
5Y11.6852.853+8.832
10Y11.6853.305+8.380
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Dev Information Technology 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--3.9363.9360%-0.579+115%4.638-15%4.638-15%
Book Value Per Share--18.55118.5510%14.615+27%15.828+17%15.828+17%
Current Ratio--2.0752.0750%1.517+37%1.727+20%1.727+20%
Debt To Asset Ratio--0.3860.3860%0.507-24%0.444-13%0.444-13%
Debt To Equity Ratio--0.6290.6290%1.028-39%0.812-23%0.812-23%
Dividend Per Share--0.2460.2460%0.123+100%0.154+60%0.154+60%
Eps--4.0014.0010%0.060+6597%1.392+187%1.392+187%
Free Cash Flow Per Share---3.305-3.3050%1.440-330%0.302-1195%0.302-1195%
Free Cash Flow To Equity Per Share---3.305-3.3050%0.243-1460%-0.040-99%-0.040-99%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---60.655--------
Intrinsic Value_10Y_min---49.958--------
Intrinsic Value_1Y_max---1.213--------
Intrinsic Value_1Y_min---1.179--------
Intrinsic Value_3Y_max---7.353--------
Intrinsic Value_3Y_min---6.878--------
Intrinsic Value_5Y_max---17.962--------
Intrinsic Value_5Y_min---16.189--------
Market Cap2275351035.000+6%2138538405.0002138538405.0000%5909857050.000-64%4008217563.750-47%4008217563.750-47%
Net Profit Margin--0.0720.0720%0.001+5281%0.034+110%0.034+110%
Operating Margin--0.0460.0460%0.038+22%0.037+26%0.037+26%
Operating Ratio--1.8561.8560%1.843+1%1.844+1%1.844+1%
Pb Ratio5.469+6%5.1405.1400%18.029-71%11.685-56%11.685-56%
Pe Ratio25.354+6%23.82923.8290%4410.341-99%736.297-97%736.297-97%
Price Per Share101.450+6%95.35095.3500%263.500-64%178.713-47%178.713-47%
Price To Free Cash Flow Ratio-30.693-6%-28.848-28.8480%182.979-116%103.419-128%103.419-128%
Price To Total Gains Ratio24.257+6%22.79922.7990%-577.380+2632%16.060+42%16.060+42%
Quick Ratio--1.6941.6940%1.013+67%1.158+46%1.158+46%
Return On Assets--0.1320.1320%0.002+6473%0.053+151%0.053+151%
Return On Equity--0.2160.2160%0.004+5185%0.089+143%0.089+143%
Total Gains Per Share--4.1824.1820%-0.456+111%4.792-13%4.792-13%
Usd Book Value--4992864.0004992864.0000%3933516.000+27%4259901.624+17%4259901.624+17%
Usd Book Value Change Per Share--0.0470.0470%-0.007+115%0.056-15%0.056-15%
Usd Book Value Per Share--0.2230.2230%0.175+27%0.190+17%0.190+17%
Usd Dividend Per Share--0.0030.0030%0.001+100%0.002+60%0.002+60%
Usd Eps--0.0480.0480%0.001+6597%0.017+187%0.017+187%
Usd Free Cash Flow---889584.000-889584.0000%387576.000-330%81275.949-1195%81275.949-1195%
Usd Free Cash Flow Per Share---0.040-0.0400%0.017-330%0.004-1195%0.004-1195%
Usd Free Cash Flow To Equity Per Share---0.040-0.0400%0.003-1460%0.000-99%0.000-99%
Usd Market Cap27304212.420+6%25662460.86025662460.8600%70918284.600-64%48098610.765-47%48098610.765-47%
Usd Price Per Share1.217+6%1.1441.1440%3.162-64%2.145-47%2.145-47%
Usd Profit--1076940.0001076940.0000%16080.000+6597%408764.016+163%408764.016+163%
Usd Revenue--14898624.00014898624.0000%11969844.000+24%11301001.701+32%11301001.701+32%
Usd Total Gains Per Share--0.0500.0500%-0.005+111%0.057-13%0.057-13%
 EOD+5 -3MRQTTM+0 -0YOY+26 -95Y+22 -1310Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of Dev Information Technology Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.354
Price to Book Ratio (EOD)Between0-15.469
Net Profit Margin (MRQ)Greater than00.072
Operating Margin (MRQ)Greater than00.046
Quick Ratio (MRQ)Greater than11.694
Current Ratio (MRQ)Greater than12.075
Debt to Asset Ratio (MRQ)Less than10.386
Debt to Equity Ratio (MRQ)Less than10.629
Return on Equity (MRQ)Greater than0.150.216
Return on Assets (MRQ)Greater than0.050.132
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Dev Information Technology Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.751
Ma 20Greater thanMa 50112.623
Ma 50Greater thanMa 100133.891
Ma 100Greater thanMa 200139.013
OpenGreater thanClose102.350
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets677,405
Total Liabilities261,333
Total Stockholder Equity415,462
 As reported
Total Liabilities 261,333
Total Stockholder Equity+ 415,462
Total Assets = 677,405

Assets

Total Assets677,405
Total Current Assets461,483
Long-term Assets215,922
Total Current Assets
Cash And Cash Equivalents 24,963
Short-term Investments 26,662
Net Receivables 349,965
Inventory 49,833
Total Current Assets  (as reported)461,483
Total Current Assets  (calculated)451,423
+/- 10,060
Long-term Assets
Property Plant Equipment 95,386
Goodwill 44,831
Intangible Assets 13,648
Long-term Assets Other 7,000
Long-term Assets  (as reported)215,922
Long-term Assets  (calculated)160,865
+/- 55,057

Liabilities & Shareholders' Equity

Total Current Liabilities222,379
Long-term Liabilities38,954
Total Stockholder Equity415,462
Total Current Liabilities
Short Long Term Debt 35,472
Accounts payable 123,472
Other Current Liabilities 236
Total Current Liabilities  (as reported)222,379
Total Current Liabilities  (calculated)159,180
+/- 63,199
Long-term Liabilities
Long term Debt 36,537
Capital Lease Obligations Min Short Term Debt921
Long-term Liabilities Other 2
Long-term Liabilities  (as reported)38,954
Long-term Liabilities  (calculated)37,460
+/- 1,494
Total Stockholder Equity
Retained Earnings 252,544
Other Stockholders Equity 2,795
Total Stockholder Equity (as reported)415,462
Total Stockholder Equity (calculated)255,339
+/- 160,123
Other
Capital Stock110,592
Common Stock Shares Outstanding 22,118
Net Debt 47,046
Net Invested Capital 487,471
Net Working Capital 239,104
Property Plant and Equipment Gross 95,386



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-31
> Total Assets 
580,741
629,741
664,811
677,405
677,405664,811629,741580,741
   > Total Current Assets 
385,620
434,238
492,059
461,483
461,483492,059434,238385,620
       Cash And Cash Equivalents 
37,402
77,960
88,325
24,963
24,96388,32577,96037,402
       Short-term Investments 
12,324
28,163
17,838
26,662
26,66217,83828,16312,324
       Net Receivables 
216,254
218,554
310,796
349,965
349,965310,796218,554216,254
       Inventory 
56,950
86,092
46,783
49,833
49,83346,78386,09256,950
       Other Current Assets 
46,042
44,723
42,873
32,379
32,37942,87344,72346,042
   > Long-term Assets 
203,989
191,389
172,752
215,922
215,922172,752191,389203,989
       Property Plant Equipment 
84,024
79,177
91,809
95,386
95,38691,80979,17784,024
       Goodwill 
15,238
7,145
0
44,831
44,83107,14515,238
       Intangible Assets 
21,288
19,374
12,280
13,648
13,64812,28019,37421,288
       Other Assets 
24,087
39,862
35,716
0
035,71639,86224,087
> Total Liabilities 
245,427
288,953
337,018
261,333
261,333337,018288,953245,427
   > Total Current Liabilities 
223,243
273,320
324,405
222,379
222,379324,405273,320223,243
       Short Long Term Debt 
91,216
96,251
89,314
35,472
35,47289,31496,25191,216
       Accounts payable 
93,194
133,480
177,194
123,472
123,472177,194133,48093,194
       Other Current Liabilities 
824
425
148
236
236148425824
   > Long-term Liabilities 
22,184
16,074
12,613
38,954
38,95412,61316,07422,184
       Long term Debt 
16,932
13,338
7,412
36,537
36,5377,41213,33816,932
       Capital Lease Obligations Min Short Term Debt
1,856
1,458
1,017
921
9211,0171,4581,856
       Other Liabilities 
5,252
2,736
4,683
0
04,6832,7365,252
       Long-term Liabilities Other 
4,268
2,736
-1
2
2-12,7364,268
> Total Stockholder Equity
332,786
338,807
327,861
415,462
415,462327,861338,807332,786
   Common Stock
55,205
55,205
110,410
0
0110,41055,20555,205
   Retained Earnings 
229,811
174,204
168,282
252,544
252,544168,282174,204229,811
   Capital Surplus 0000
   Treasury Stock0000
   Other Stockholders Equity 
154
51,839
1,554
2,795
2,7951,55451,839154



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue1,241,552
Cost of Revenue-1,119,941
Gross Profit121,611121,611
 
Operating Income (+$)
Gross Profit121,611
Operating Expense-1,184,783
Operating Income56,769-1,063,172
 
Operating Expense (+$)
Research Development0
Selling General Administrative19,362
Selling And Marketing Expenses0
Operating Expense1,184,78319,362
 
Net Interest Income (+$)
Interest Income5,979
Interest Expense-13,881
Other Finance Cost-5,979
Net Interest Income-13,881
 
Pretax Income (+$)
Operating Income56,769
Net Interest Income-13,881
Other Non-Operating Income Expenses0
Income Before Tax (EBT)112,56356,769
EBIT - interestExpense = 43,432
89,745
103,626
Interest Expense13,881
Earnings Before Interest and Taxes (EBIT)57,313126,444
Earnings Before Interest and Taxes (EBITDA)138,927
 
After tax Income (+$)
Income Before Tax112,563
Tax Provision-22,355
Net Income From Continuing Ops90,20890,208
Net Income89,745
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses39,078
Total Other Income/Expenses Net013,881
 

Technical Analysis of Dev Information Technology Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Dev Information Technology Ltd. The general trend of Dev Information Technology Ltd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Dev Information Technology Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Dev Information Technology 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: 125.25 < 128.69 < 129.14.

The bearish price targets are: 96.95 > 94.10 > 91.80.

Tweet this
Dev Information Technology 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 Dev Information Technology Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

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

Directionalities and relatives.

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

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

Dev Information Technology 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 Dev Information Technology Ltd. The current macd is -10.10040957.

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 Dev Information Technology Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Dev Information Technology Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Dev Information Technology Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
Dev Information Technology Ltd Daily Moving Average Convergence/Divergence (MACD) ChartDev Information Technology 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 Dev Information Technology Ltd. The current adx is 35.83.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Dev Information Technology Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Dev Information Technology 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 Dev Information Technology Ltd. The current sar is 96.14.

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
Dev Information Technology 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 Dev Information Technology Ltd. The current rsi is 30.75. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Dev Information Technology Ltd Daily Relative Strength Index (RSI) ChartDev Information Technology 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 Dev Information Technology Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Dev Information Technology Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Dev Information Technology Ltd Daily Stochastic Oscillator ChartDev Information Technology 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 Dev Information Technology Ltd. The current cci is -60.24193016.

Dev Information Technology Ltd Daily Commodity Channel Index (CCI) ChartDev Information Technology 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 Dev Information Technology Ltd. The current cmo is -35.84290103.

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
Dev Information Technology Ltd Daily Chande Momentum Oscillator (CMO) ChartDev Information Technology 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 Dev Information Technology Ltd. The current willr is -79.0299572.

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 Dev Information Technology Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Dev Information Technology Ltd Daily Williams %R ChartDev Information Technology 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 Dev Information Technology Ltd.

Dev Information Technology 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 Dev Information Technology Ltd. The current atr is 6.79626679.

Dev Information Technology Ltd Daily Average True Range (ATR) ChartDev Information Technology 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 Dev Information Technology Ltd. The current obv is 2,895,078.

Dev Information Technology Ltd Daily On-Balance Volume (OBV) ChartDev Information Technology 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 Dev Information Technology Ltd. The current mfi is 20.31.

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

  • MFI < 50: -1
Dev Information Technology Ltd Daily Money Flow Index (MFI) ChartDev Information Technology Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Dev Information Technology 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
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR 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
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MFI SHORT ENTRY LONG CLOSE80 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.
2024-02-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23DMI 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.
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Dev Information Technology Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Dev Information Technology Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.751
Ma 20Greater thanMa 50112.623
Ma 50Greater thanMa 100133.891
Ma 100Greater thanMa 200139.013
OpenGreater thanClose102.350
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Dev Information Technology Ltd with someone you think should read this too:
  • Are you bullish or bearish on Dev Information Technology Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Dev Information Technology Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Dev Information Technology Ltd

I send you an email if I find something interesting about Dev Information Technology Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Dev Information Technology Ltd.

Receive notifications about Dev Information Technology Ltd in your mailbox!