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Destiny Media Technologies Inc
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Let's analyse Destiny Media Technologies Inc together

PenkeI guess you are interested in Destiny Media Technologies Inc. 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 Destiny Media Technologies Inc. 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 Destiny Media Technologies Inc (30 sec.)










What can you expect buying and holding a share of Destiny Media Technologies Inc? (30 sec.)

How much money do you get?

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

What is your share worth?

Current worth
$0.35
Expected worth in 1 year
$0.37
How sure are you?
67.5%

+ What do you gain per year?

Total Gains per Share
$0.02
Return On Investment
2.2%

For what price can you sell your share?

Current Price per Share
$1.10
Expected price per share
$1.086 - $1.19
How sure are you?
50%

1. Valuation of Destiny Media Technologies Inc (5 min.)




Live pricePrice per Share (EOD)

$1.10

Intrinsic Value Per Share

$-2.02 - $-0.71

Total Value Per Share

$-1.67 - $-0.35

2. Growth of Destiny Media Technologies Inc (5 min.)




Is Destiny Media Technologies Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$3.5m$3.1m$352k10.2%

How much money is Destiny Media Technologies Inc making?

Current yearPrevious yearGrowGrow %
Making money$81.5k$60.4k$21.1k25.9%
Net Profit Margin7.2%5.4%--

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

3. Financial Health of Destiny Media Technologies Inc (5 min.)




What can you expect buying and holding a share of Destiny Media Technologies Inc? (5 min.)

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

What can you expect buying and holding a share of Destiny Media Technologies Inc?

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

Speculation

The Price per Share of Destiny Media Technologies Inc is $1.096. 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 Destiny Media Technologies Inc.
  • 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 Destiny Media Technologies Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.35. Based on the TTM, the Book Value Change Per Share is $0.01 per quarter. Based on the YOY, the Book Value Change Per Share is $0.00 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 $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Destiny Media Technologies Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.022.2%0.010.7%0.010.5%0.010.6%0.000.3%
Usd Book Value Change Per Share0.010.7%0.010.5%0.000.3%0.021.4%0.010.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.7%0.010.5%0.000.3%0.021.4%0.010.7%
Usd Price Per Share1.02-0.80-0.77-0.79-0.57-
Price to Earnings Ratio10.34--375.77--146.19--97.33--82.16-
Price-to-Total Gains Ratio129.30-5,196.13-40.13-1,121.65-191.52-
Price to Book Ratio2.91-2.35-2.54-3.03-5.86-
Price-to-Total Gains Ratio129.30-5,196.13-40.13-1,121.65-191.52-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.096
Number of shares912
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.02
Usd Total Gains Per Share0.010.02
Gains per Quarter (912 shares)5.4113.77
Gains per Year (912 shares)21.6555.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10221205545
2043340110100
3065560165155
4087780220210
501081000275265
601301220330320
701521440386375
801731660441430
901951880496485
1002162100551540

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 Share2.02.00.050.0%7.05.00.058.3%14.06.00.070.0%23.016.01.057.5%43.016.030.048.3%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%15.05.00.075.0%27.013.00.067.5%53.036.00.059.6%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.089.00.0%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%15.05.00.075.0%27.013.00.067.5%53.036.00.059.6%

Fundamentals of Destiny Media Technologies Inc

About Destiny Media Technologies Inc

Destiny Media Technologies Inc. develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps. The company also provides Music Tracking Radar, a digital tracking service that tracks and reports the number and times customers track is played; Clipstream, an online video platform for encoding, hosting, and reporting on video playback that can be embedded in third party websites or emails; and playback through its JavaScript codec engine. It markets and sells its products in the United States, Canada, Europe, Asia, South America, Africa, and Australia. The company was founded in 1991 and is based in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-03-09 00:53:03.

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 inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just 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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Destiny Media Technologies Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Destiny Media Technologies Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Destiny Media Technologies Inc to the Software - Application industry mean.
  • A Net Profit Margin of 21.6% means that $0.22 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Destiny Media Technologies Inc:

  • The MRQ is 21.6%. The company is making a huge profit. +2
  • The TTM is 7.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ21.6%TTM7.2%+14.4%
TTM7.2%YOY5.4%+1.8%
TTM7.2%5Y7.6%-0.5%
5Y7.6%10Y0.3%+7.4%
1.1.2. Return on Assets

Shows how efficient Destiny Media Technologies Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Destiny Media Technologies Inc to the Software - Application industry mean.
  • 6.3% Return on Assets means that Destiny Media Technologies Inc generated $0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Destiny Media Technologies Inc:

  • The MRQ is 6.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 2.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.3%TTM2.1%+4.2%
TTM2.1%YOY1.5%+0.5%
TTM2.1%5Y2.2%-0.1%
5Y2.2%10Y-0.4%+2.6%
1.1.3. Return on Equity

Shows how efficient Destiny Media Technologies Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Destiny Media Technologies Inc to the Software - Application industry mean.
  • 7.0% Return on Equity means Destiny Media Technologies Inc generated $0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Destiny Media Technologies Inc:

  • The MRQ is 7.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ7.0%TTM2.3%+4.7%
TTM2.3%YOY1.7%+0.6%
TTM2.3%5Y2.6%-0.3%
5Y2.6%10Y-0.9%+3.5%

1.2. Operating Efficiency of Destiny Media Technologies Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Destiny Media Technologies Inc is operating .

  • Measures how much profit Destiny Media Technologies Inc 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 Destiny Media Technologies Inc to the Software - Application industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Destiny Media Technologies Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.3%+0.3%
TTM-0.3%YOY4.8%-5.1%
TTM-0.3%5Y7.2%-7.4%
5Y7.2%10Y2.6%+4.6%
1.2.2. Operating Ratio

Measures how efficient Destiny Media Technologies Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are $0.94 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Destiny Media Technologies Inc:

  • The MRQ is 0.943. The company is less efficient in keeping operating costs low.
  • The TTM is 1.073. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.943TTM1.073-0.130
TTM1.073YOY1.129-0.056
TTM1.0735Y1.031+0.042
5Y1.03110Y1.486-0.455

1.3. Liquidity of Destiny Media Technologies Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Destiny Media Technologies Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 6.12 means the company has $6.12 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Destiny Media Technologies Inc:

  • The MRQ is 6.117. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.832. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.117TTM5.832+0.285
TTM5.832YOY6.243-0.411
TTM5.8325Y5.366+0.466
5Y5.36610Y4.913+0.453
1.3.2. Quick Ratio

Measures if Destiny Media Technologies Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Destiny Media Technologies Inc to the Software - Application industry mean.
  • A Quick Ratio of 1.47 means the company can pay off $1.47 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Destiny Media Technologies Inc:

  • The MRQ is 1.468. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.234. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.468TTM1.234+0.235
TTM1.234YOY1.217+0.017
TTM1.2345Y3.284-2.051
5Y3.28410Y3.844-0.559

1.4. Solvency of Destiny Media Technologies Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Destiny Media Technologies Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Destiny Media Technologies Inc to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.11 means that Destiny Media Technologies Inc assets are financed with 10.7% credit (debt) and the remaining percentage (100% - 10.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Destiny Media Technologies Inc:

  • The MRQ is 0.107. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.114. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.107TTM0.114-0.008
TTM0.114YOY0.127-0.013
TTM0.1145Y0.175-0.061
5Y0.17510Y0.172+0.003
1.4.2. Debt to Equity Ratio

Measures if Destiny Media Technologies Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Destiny Media Technologies Inc to the Software - Application industry mean.
  • A Debt to Equity ratio of 11.9% means that company has $0.12 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Destiny Media Technologies Inc:

  • The MRQ is 0.119. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.129. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.119TTM0.129-0.010
TTM0.129YOY0.146-0.017
TTM0.1295Y0.219-0.090
5Y0.21910Y0.213+0.006

2. Market Valuation of Destiny Media Technologies Inc

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 Destiny Media Technologies Inc generates.

  • Above 15 is considered overpriced but always compare Destiny Media Technologies Inc to the Software - Application industry mean.
  • A PE ratio of 10.34 means the investor is paying $10.34 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Destiny Media Technologies Inc:

  • The EOD is 11.116. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.345. Based on the earnings, the company is underpriced. +1
  • The TTM is -375.767. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD11.116MRQ10.345+0.771
MRQ10.345TTM-375.767+386.112
TTM-375.767YOY-146.188-229.579
TTM-375.7675Y-97.332-278.435
5Y-97.33210Y-82.156-15.176
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Destiny Media Technologies Inc:

  • The EOD is 243.997. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 227.077. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 55.204. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD243.997MRQ227.077+16.919
MRQ227.077TTM55.204+171.874
TTM55.204YOY24.062+31.141
TTM55.2045Y3.647+51.556
5Y3.64710Y-1.249+4.897
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Destiny Media Technologies Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 2.91 means the investor is paying $2.91 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Destiny Media Technologies Inc:

  • The EOD is 3.122. Based on the equity, the company is fair priced.
  • The MRQ is 2.906. Based on the equity, the company is underpriced. +1
  • The TTM is 2.345. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.122MRQ2.906+0.216
MRQ2.906TTM2.345+0.560
TTM2.345YOY2.538-0.192
TTM2.3455Y3.032-0.687
5Y3.03210Y5.862-2.830
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Destiny Media Technologies Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0080.006+33%0.003+162%0.015-48%0.007+10%
Book Value Per Share--0.3510.342+3%0.307+14%0.278+26%0.158+122%
Current Ratio--6.1175.832+5%6.243-2%5.366+14%4.913+25%
Debt To Asset Ratio--0.1070.114-7%0.127-16%0.175-39%0.172-38%
Debt To Equity Ratio--0.1190.129-8%0.146-18%0.219-45%0.213-44%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0250.008+206%0.006+313%0.007+251%0.003+713%
Free Cash Flow Per Share--0.001-0.005+562%-0.001+191%0.001-21%0.001+17%
Free Cash Flow To Equity Per Share---0.016-0.010-37%-0.005-71%-0.005-69%-0.002-89%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.975+3%
Intrinsic Value_10Y_max---0.706--------
Intrinsic Value_10Y_min---2.017--------
Intrinsic Value_1Y_max---0.007--------
Intrinsic Value_1Y_min---0.048--------
Intrinsic Value_3Y_max---0.070--------
Intrinsic Value_3Y_min---0.279--------
Intrinsic Value_5Y_max---0.191--------
Intrinsic Value_5Y_min---0.656--------
Market Cap11094040.800+7%10324746.0008125676.325+27%7809354.450+32%9296573.143+11%14127405.235-27%
Net Profit Margin--0.2160.072+201%0.054+303%0.076+183%0.003+7675%
Operating Margin----0.0030%0.048-100%0.072-100%0.026-100%
Operating Ratio--0.9431.073-12%1.129-16%1.031-9%1.486-37%
Pb Ratio3.122+7%2.9062.345+24%2.538+14%3.032-4%5.862-50%
Pe Ratio11.116+7%10.345-375.767+3732%-146.188+1513%-97.332+1041%-82.156+894%
Price Per Share1.096+7%1.0200.803+27%0.772+32%0.794+28%0.574+78%
Price To Free Cash Flow Ratio243.997+7%227.07755.204+311%24.062+844%3.647+6126%-1.249+101%
Price To Total Gains Ratio138.934+7%129.3005196.131-98%40.131+222%1121.654-88%191.515-32%
Quick Ratio--1.4681.234+19%1.217+21%3.284-55%3.844-62%
Return On Assets--0.0630.021+205%0.015+311%0.022+188%-0.004+107%
Return On Equity--0.0700.023+204%0.017+306%0.026+170%-0.009+112%
Total Gains Per Share--0.0080.006+33%0.003+162%0.015-48%0.007+10%
Usd Book Value--3553492.0003457865.500+3%3105825.250+14%3095425.100+15%2586038.125+37%
Usd Book Value Change Per Share--0.0080.006+33%0.003+162%0.015-48%0.007+10%
Usd Book Value Per Share--0.3510.342+3%0.307+14%0.278+26%0.158+122%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0250.008+206%0.006+313%0.007+251%0.003+713%
Usd Free Cash Flow--11367.000-52562.750+562%-10376.750+191%27938.550-59%27099.250-58%
Usd Free Cash Flow Per Share--0.001-0.005+562%-0.001+191%0.001-21%0.001+17%
Usd Free Cash Flow To Equity Per Share---0.016-0.010-37%-0.005-71%-0.005-69%-0.002-89%
Usd Market Cap11094040.800+7%10324746.0008125676.325+27%7809354.450+32%9296573.143+11%14127405.235-27%
Usd Price Per Share1.096+7%1.0200.803+27%0.772+32%0.794+28%0.574+78%
Usd Profit--249516.00081587.000+206%60434.750+313%83811.000+198%17420.500+1332%
Usd Revenue--1154802.0001042112.250+11%977624.000+18%1001726.650+15%934529.000+24%
Usd Total Gains Per Share--0.0080.006+33%0.003+162%0.015-48%0.007+10%
 EOD+4 -4MRQTTM+25 -7YOY+25 -85Y+18 -1510Y+23 -11

3.2. Fundamental Score

Let's check the fundamental score of Destiny Media Technologies Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.116
Price to Book Ratio (EOD)Between0-13.122
Net Profit Margin (MRQ)Greater than00.216
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.468
Current Ratio (MRQ)Greater than16.117
Debt to Asset Ratio (MRQ)Less than10.107
Debt to Equity Ratio (MRQ)Less than10.119
Return on Equity (MRQ)Greater than0.150.070
Return on Assets (MRQ)Greater than0.050.063
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Destiny Media Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.825
Ma 20Greater thanMa 501.053
Ma 50Greater thanMa 1001.038
Ma 100Greater thanMa 2001.024
OpenGreater thanClose1.080
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-11-30. Currency in USD. All numbers in thousands.

Summary
Total Assets3,978
Total Liabilities424
Total Stockholder Equity3,553
 As reported
Total Liabilities 424
Total Stockholder Equity+ 3,553
Total Assets = 3,978

Assets

Total Assets3,978
Total Current Assets2,595
Long-term Assets1,383
Total Current Assets
Cash And Cash Equivalents 1,832
Net Receivables 623
Total Current Assets  (as reported)2,595
Total Current Assets  (calculated)2,455
+/- 140
Long-term Assets
Property Plant Equipment 586
Intangible Assets 796
Long-term Assets  (as reported)1,383
Long-term Assets  (calculated)1,383
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities424
Long-term Liabilities0
Total Stockholder Equity3,553
Total Current Liabilities
Accounts payable 93
Total Current Liabilities  (as reported)424
Total Current Liabilities  (calculated)93
+/- 331
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)3,553
Total Stockholder Equity (calculated)0
+/- 3,553
Other
Capital Stock10
Common Stock Shares Outstanding 9,925
Net Invested Capital 3,553
Net Working Capital 2,171
Property Plant and Equipment Gross 1,281



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-11-302023-08-312023-05-312023-02-282022-11-302022-08-312022-05-312022-02-282021-11-302021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-312014-02-282013-11-302013-08-312013-05-312013-02-282012-11-302012-08-312012-05-312012-02-292011-11-302011-08-312011-05-312011-02-282010-11-302010-08-312010-05-312010-02-282009-11-302009-08-312009-05-312009-02-282008-11-302008-08-312008-05-312008-02-292007-11-302007-08-312007-05-312007-02-282006-11-302006-08-312006-05-312006-02-282005-11-302005-08-312005-05-312005-02-282004-11-302004-08-312004-05-312004-02-292003-11-302003-08-312003-05-312003-02-282002-11-302002-08-312002-05-312002-02-282001-11-30
> Total Assets 
344
322
363
367
304
361
322
272
320
211
173
277
305
281
192
206
181
367
309
389
196
2,203
2,314
1,787
1,327
795
706
661
657
542
824
1,426
1,557
1,553
1,552
2,579
2,480
2,488
2,564
3,058
2,986
3,017
3,642
3,793
3,818
3,592
3,639
3,658
3,768
3,238
3,311
3,401
3,185
2,772
2,604
1,537
1,933
1,818
1,852
1,851
1,953
1,894
1,975
2,245
2,515
2,560
2,739
2,962
3,090
3,310
3,468
3,635
4,066
3,622
3,570
3,810
4,085
4,000
4,003
3,866
3,813
3,403
3,492
3,567
3,774
3,828
3,923
3,886
3,978
3,9783,8863,9233,8283,7743,5673,4923,4033,8133,8664,0034,0004,0853,8103,5703,6224,0663,6353,4683,3103,0902,9622,7392,5602,5152,2451,9751,8941,9531,8511,8521,8181,9331,5372,6042,7723,1853,4013,3113,2383,7683,6583,6393,5923,8183,7933,6423,0172,9863,0582,5642,4882,4802,5791,5521,5531,5571,4268245426576617067951,3271,7872,3142,203196389309367181206192281305277173211320272322361304367363322344
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,337
1,861
1,892
1,875
1,752
1,345
1,101
936
1,356
1,279
1,342
0
1,662
1,663
1,742
2,014
2,247
2,284
2,477
2,726
2,871
3,052
3,211
3,316
3,182
2,827
2,872
3,154
3,500
3,478
3,454
3,310
3,269
2,960
2,878
2,726
2,747
2,636
2,517
2,598
2,595
2,5952,5982,5172,6362,7472,7262,8782,9603,2693,3103,4543,4783,5003,1542,8722,8273,1823,3163,2113,0522,8712,7262,4772,2842,2472,0141,7421,6631,66201,3421,2791,3569361,1011,3451,7521,8751,8921,8612,337000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22
2,029
1,966
1,216
671
209
142
91
152
10
151
253
426
305
295
491
242
422
491
1,237
1,001
978
1,139
1,275
1,146
1,111
1,225
1,522
1,458
871
1,039
990
877
577
419
387
642
673
756
662
962
939
1,165
1,343
1,753
1,623
2,051
1,097
1,331
1,459
1,231
2,512
1,545
1,050
913
1,841
3,077
3,012
2,935
2,753
2,536
2,434
1,953
2,096
2,246
1,974
1,825
2,003
1,832
1,8322,0031,8251,9742,2462,0961,9532,4342,5362,7532,9353,0123,0771,8419131,0501,5452,5121,2311,4591,3311,0972,0511,6231,7531,3431,1659399626627566736423874195778779901,0398711,4581,5221,2251,1111,1461,2751,1399781,0011,23749142224249129530542625315110152911422096711,2161,9662,0292200000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22
22
1
1
1
1
1,152
1,137
1,155
1,501
380
1,138
1,129
1,098
781
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000007811,0981,1291,1383801,5011,1551,1371,152111122220000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
732
821
684
623
660
570
525
415
575
466
446
0
509
549
432
551
449
607
373
420
362
381
350
332
428
578
768
453
361
370
450
453
625
443
824
513
417
580
561
433
623
6234335615804175138244436254534503703614537685784283323503813624203736074495514325495090446466575415525570660623684821732000000000000000000000000000000000000000000000000
       Inventory 
0
0
0
0
5
4
5
4
4
4
3
3
3
3
2
2
2
2
2
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000000000000000000000001112222233334445450000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,431
1,377
1,419
1,526
1,433
1,427
1,503
601
577
539
510
0
292
231
232
231
268
276
261
236
219
258
257
319
884
795
698
656
585
522
549
557
545
443
614
842
1,027
1,191
1,406
1,288
1,383
1,3831,2881,4061,1911,02784261444354555754952258565669879588431925725821923626127626823123223129205105395776011,5031,4271,4331,5261,4191,3771,431000000000000000000000000000000000000000000000000
       Property Plant Equipment 
89
83
84
73
67
64
65
54
55
50
50
74
79
72
68
66
62
58
68
61
54
58
90
112
128
144
131
111
86
102
121
124
121
119
162
129
161
157
152
145
162
174
227
288
287
263
243
235
280
263
315
315
283
324
422
401
412
403
399
175
154
137
118
116
171
192
176
160
149
193
121
130
689
619
548
194
180
170
167
290
224
80
82
75
268
237
206
642
586
586642206237268758280224290167170180194548619689130121193149160176192171116118137154175399403412401422324283315315263280235243263287288227174162145152157161129162119121124121102861111311441281129058546168586266687279745050555465646773848389
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
422
388
375
346
287
237
205
167
142
114
88
0
31
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000031088114142167205237287346375388422000000000000000000000000000000000000000000000000
       Intangible Assets 
31
32
38
35
39
40
34
28
28
24
11
5
4
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
125
0
0
0
110
106
94
88
87
69
57
51
41
36
31
27
25
21
21
19
23
19
16
86
188
247
319
254
530
758
954
1,200
645
796
7966451,200954758530254319247188861619231921212527313641515769878894106110000125000000000000000000000000000000000000000003451124282834403935383231
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23
0
0
23
22
23
34
32
23
22
23
0
1
1
26
28
27
27
35
34
34
34
257
319
884
795
468
438
386
336
295
0
0
0
0
0
0
0
0
0
0
0000000000295336386438468795884319257343434352727282611023222332342322230023000000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
705
726
729
842
842
842
842
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000842842842842729726705000000000000000000000000000000000000000000000000
> Total Liabilities 
986
1,090
1,281
1,064
764
702
714
718
552
489
531
697
719
637
661
898
674
580
434
490
476
513
429
435
571
754
860
794
735
714
800
635
435
419
455
520
569
643
484
652
621
583
619
512
383
321
352
375
432
483
336
399
333
443
489
435
435
408
363
363
382
359
292
352
428
379
390
446
390
488
520
506
1,098
1,063
1,008
950
933
876
819
748
586
452
443
457
461
497
450
412
424
4244124504974614574434525867488198769339501,0081,0631,0985065204883904463903794283522923593823633634084354354894433333993364834323753523213835126195836216524846435695204554194356358007147357948607545714354295134764904345806748986616377196975314895527187147027641,0641,2811,090986
   > Total Current Liabilities 
865
983
1,162
1,039
747
694
614
618
452
389
431
524
544
469
500
739
521
433
292
356
351
397
320
335
471
654
760
694
635
598
765
621
424
410
449
516
568
643
484
652
621
583
619
512
383
321
352
375
432
483
336
399
333
428
476
423
424
399
355
357
377
356
292
352
428
379
390
446
390
488
520
506
705
730
741
731
770
762
795
748
586
452
443
457
461
497
450
412
424
4244124504974614574434525867487957627707317417307055065204883904463903794283522923563773573553994244234764283333993364834323753523213835126195836216524846435685164494104246217655986356947606544713353203973513562924335217395004695445244313894526186146947471,0391,162983865
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
5
5
5
5
5
0
5
5
7
6
4
3
3
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000023346755055555500000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
7
6
4
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000003346750000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
346
405
506
518
510
491
541
489
409
346
362
407
342
288
232
278
275
205
143
180
197
307
227
132
278
316
357
383
407
382
480
349
146
137
148
221
293
295
203
294
351
269
317
200
83
61
60
80
391
477
305
376
330
405
390
330
351
344
287
108
337
329
280
320
404
316
332
368
325
428
209
132
203
246
166
473
512
508
497
203
102
72
116
116
105
103
109
110
93
931101091031051161167210220349750851247316624620313220942832536833231640432028032933710828734435133039040533037630547739180606183200317269351294203295293221148137146349480382407383357316278132227307197180143205275278232288342407362346409489541491510518506405346
       Other Current Liabilities 
257
269
230
229
127
93
61
118
43
23
49
96
144
112
110
124
158
204
149
159
154
90
93
203
193
338
269
267
204
208
207
194
268
263
291
284
264
338
274
354
269
314
302
312
300
260
292
295
41
6
31
23
3
19
81
88
69
50
63
244
35
22
5
26
20
59
54
75
65
60
50
70
15
7
2
477
421
368
323
9
4
0
26
21
17
26
0
0
0
00026172126049323368421477271570506065755459202652235244635069888119323316412952922603003123023142693542743382642842912632681942072082042672693381932039390154159149204158124110112144964923431186193127229230269257
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14
14
12
11
9
8
0
5
3
0
0
0
0
0
0
0
0
0
0
393
333
267
219
163
114
24
0
0
0
0
0
0
0
0
0
0
0000000000241141632192673333930000000000350891112141400000000000000000000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14
14
12
11
9
8
0
5
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000350891112141400000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9
8
7
6
4
3
0
0
-2
-7
-6
-4
-3
-3
-2
0
0
0
0
610
553
487
457
402
350
304
227
158
0
0
0
0
0
0
0
0
000000001582273043504024574875536100000-2-3-3-4-6-7-20034678900000000000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
705
726
729
842
842
842
842
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000842842842842729726705000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,690
1,885
1,352
756
41
0
0
0
0
24
791
1,122
1,134
1,097
2,059
1,911
1,845
2,080
2,406
2,365
2,434
3,023
3,281
3,435
3,271
3,287
3,283
3,336
2,755
2,975
3,003
2,853
2,329
2,115
1,102
1,498
1,410
1,489
1,488
1,572
1,535
1,683
1,893
2,088
2,181
2,349
2,517
2,700
2,822
2,947
3,129
2,968
2,559
2,563
2,860
3,152
3,125
3,183
3,118
3,227
2,951
3,049
3,110
3,313
3,331
3,473
3,474
3,553
3,5533,4743,4733,3313,3133,1103,0492,9513,2273,1183,1833,1253,1522,8602,5632,5592,9683,1292,9472,8222,7002,5172,3492,1812,0881,8931,6831,5351,5721,4881,4891,4101,4981,1022,1152,3292,8533,0032,9752,7553,3363,2833,2873,2713,4353,2813,0232,4342,3652,4062,0801,8451,9112,0591,0971,1341,122791240000417561,3521,8851,690000000000000000000000
   Retained Earnings -5,055-5,304-5,275-5,382-5,381-5,639-5,829-5,826-5,623-5,789-5,880-5,950-5,920-6,171-6,329-6,384-6,229-6,340-6,455-6,650-6,731-6,951-7,123-7,307-7,374-7,608-7,694-7,860-7,7920-7,887-7,884-7,809-7,708-6,751-6,532-6,168-6,111-6,037-6,117-5,743000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,952
8,886
8,949
9,061
9,069
9,075
9,080
9,122
9,634
9,641
9,654
0
9,678
9,691
9,703
9,712
9,726
9,740
9,754
9,767
9,779
9,791
0
9,850
9,577
9,338
9,354
9,366
9,379
9,347
9,187
0
0
0
0
0
0
0
0
0
0
00000000009,1879,3479,3799,3669,3549,3389,5779,85009,7919,7799,7679,7549,7409,7269,7129,7039,6919,67809,6549,6419,6349,1229,0809,0759,0699,0618,9498,8868,952000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000-10000000-50000000000000000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-08-31)

Gross Profit (+$)
totalRevenue4,034
Cost of Revenue-515
Gross Profit3,5193,519
 
Operating Income (+$)
Gross Profit3,519
Operating Expense-3,848
Operating Income186-329
 
Operating Expense (+$)
Research Development1,337
Selling General Administrative1,757
Selling And Marketing Expenses0
Operating Expense3,8483,095
 
Net Interest Income (+$)
Interest Income36
Interest Expense-0
Other Finance Cost-0
Net Interest Income36
 
Pretax Income (+$)
Operating Income186
Net Interest Income36
Other Non-Operating Income Expenses0
Income Before Tax (EBT)33871
EBIT - interestExpense = 0
335
335
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0338
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax338
Tax Provision-3
Net Income From Continuing Ops335335
Net Income335
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net115-36
 

Technical Analysis of Destiny Media Technologies Inc
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 Destiny Media Technologies Inc. The general trend of Destiny Media Technologies Inc 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 Destiny Media Technologies Inc'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 Destiny Media Technologies Inc.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 1.11 < 1.19.

The bearish price targets are: 1.09 > 1.09 > 1.086.

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Destiny Media Technologies Inc 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 Destiny Media Technologies Inc. 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

Destiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current macd is 0.00740496.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Destiny Media Technologies Inc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Destiny Media Technologies Inc. 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 Destiny Media Technologies Inc 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
Destiny Media Technologies Inc Daily Moving Average Convergence/Divergence (MACD) ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current adx is 52.68.

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 Destiny Media Technologies Inc 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
Destiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current sar is 0.98249898.

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
Destiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current rsi is 58.82. 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
Destiny Media Technologies Inc Daily Relative Strength Index (RSI) ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc. 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 Destiny Media Technologies Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Destiny Media Technologies Inc Daily Stochastic Oscillator ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current cci is 108.57.

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
Destiny Media Technologies Inc Daily Commodity Channel Index (CCI) ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current cmo is 26.75.

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
Destiny Media Technologies Inc Daily Chande Momentum Oscillator (CMO) ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current willr is 0.

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
Destiny Media Technologies Inc Daily Williams %R ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc.

Destiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current atr is 0.03421052.

Destiny Media Technologies Inc Daily Average True Range (ATR) ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current obv is -84,789.

Destiny Media Technologies Inc Daily On-Balance Volume (OBV) ChartDestiny Media Technologies Inc 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 Destiny Media Technologies Inc. The current mfi is 40.93.

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
Destiny Media Technologies Inc Daily Money Flow Index (MFI) ChartDestiny Media Technologies Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Destiny Media Technologies Inc.

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

6.3. Candlestick Patterns

Destiny Media Technologies Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Destiny Media Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.825
Ma 20Greater thanMa 501.053
Ma 50Greater thanMa 1001.038
Ma 100Greater thanMa 2001.024
OpenGreater thanClose1.080
Total4/5 (80.0%)
Penke

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