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ECO RECYCLING LTD.
Buy, Hold or Sell?

Let's analyse ECO RECYCLING LTD. together

PenkeI guess you are interested in ECO RECYCLING 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 ECO RECYCLING 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.

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Quick analysis of ECO RECYCLING LTD. (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR24.42
Expected worth in 1 year
INR19.30
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
INR-5.12
Return On Investment
-1.0%

For what price can you sell your share?

Current Price per Share
INR512.55
Expected price per share
INR374.40 - INR535.35
How sure are you?
50%

1. Valuation of ECO RECYCLING LTD. (5 min.)




Live pricePrice per Share (EOD)

INR512.55

Intrinsic Value Per Share

INR-63.20 - INR-76.90

Total Value Per Share

INR-38.78 - INR-52.48

2. Growth of ECO RECYCLING LTD. (5 min.)




Is ECO RECYCLING LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$5.6m$5.9m-$296.5k-5.2%

How much money is ECO RECYCLING LTD. making?

Current yearPrevious yearGrowGrow %
Making money$743.2k$1.5m-$780k-105.0%
Net Profit Margin34.9%83.0%--

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

3. Financial Health of ECO RECYCLING LTD. (5 min.)




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

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

What can you expect buying and holding a share of ECO RECYCLING LTD.?

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

Speculation

The Price per Share of ECO RECYCLING LTD. is INR512.55. 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 ECO RECYCLING 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 ECO RECYCLING 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 INR24.42. Based on the TTM, the Book Value Change Per Share is INR-1.28 per quarter. Based on the YOY, the Book Value Change Per Share is INR9.24 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ECO RECYCLING 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 Eps0.040.0%0.040.0%0.080.0%0.030.0%0.030.0%
Usd Book Value Change Per Share-0.020.0%-0.020.0%0.110.0%0.060.0%0.060.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.020.0%-0.020.0%0.110.0%0.060.0%0.060.0%
Usd Price Per Share1.31-1.31-1.37-0.84-0.84-
Price to Earnings Ratio34.08-34.08-17.37-39.10-39.10-
Price-to-Total Gains Ratio-85.43--85.43-12.37--69.76--69.76-
Price to Book Ratio4.48-4.48-4.45-3.58-3.58-
Price-to-Total Gains Ratio-85.43--85.43-12.37--69.76--69.76-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.1506
Number of shares162
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.020.06
Usd Total Gains Per Share-0.020.06
Gains per Quarter (162 shares)-2.499.49
Gains per Year (162 shares)-9.9637.98
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-10-2003828
20-20-3007666
30-30-400114104
40-40-500152142
50-50-600190180
60-60-700228218
70-70-800266256
80-80-900304294
90-90-1000342332
100-100-1100380370

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%3.02.00.060.0%3.02.00.060.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.05.00.0%0.00.05.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%3.02.00.060.0%3.02.00.060.0%

Fundamentals of ECO RECYCLING LTD.

About ECO RECYCLING LTD.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of ECO RECYCLING LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ECO RECYCLING LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare ECO RECYCLING LTD. to the  industry mean.
  • A Net Profit Margin of 34.9% means that ₹0.35 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ECO RECYCLING LTD.:

  • The MRQ is 34.9%. The company is making a huge profit. +2
  • The TTM is 34.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ34.9%TTM34.9%0.0%
TTM34.9%YOY83.0%-48.1%
TTM34.9%5Y34.2%+0.7%
5Y34.2%10Y34.2%0.0%
1.1.2. Return on Assets

Shows how efficient ECO RECYCLING LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ECO RECYCLING LTD. to the  industry mean.
  • 9.8% Return on Assets means that ECO RECYCLING LTD. generated ₹0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ECO RECYCLING LTD.:

  • The MRQ is 9.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 9.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.8%TTM9.8%0.0%
TTM9.8%YOY18.9%-9.1%
TTM9.8%5Y8.7%+1.1%
5Y8.7%10Y8.7%0.0%
1.1.3. Return on Equity

Shows how efficient ECO RECYCLING LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ECO RECYCLING LTD. to the  industry mean.
  • 13.5% Return on Equity means ECO RECYCLING LTD. generated ₹0.14 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ECO RECYCLING LTD.:

  • The MRQ is 13.5%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.5%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.5%TTM13.5%0.0%
TTM13.5%YOY25.6%-12.1%
TTM13.5%5Y12.5%+1.0%
5Y12.5%10Y12.5%0.0%

1.2. Operating Efficiency of ECO RECYCLING LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ECO RECYCLING LTD. is operating .

  • Measures how much profit ECO RECYCLING 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 ECO RECYCLING LTD. to the  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 ECO RECYCLING LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y9.5%-9.5%
5Y9.5%10Y9.5%0.0%
1.2.2. Operating Ratio

Measures how efficient ECO RECYCLING LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.16 means that the operating costs are ₹1.16 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of ECO RECYCLING LTD.:

  • The MRQ is 1.156. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.156. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.156TTM1.1560.000
TTM1.156YOY1.166-0.010
TTM1.1565Y1.204-0.048
5Y1.20410Y1.2040.000

1.3. Liquidity of ECO RECYCLING LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if ECO RECYCLING LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.10 means the company has ₹1.10 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of ECO RECYCLING LTD.:

  • The MRQ is 1.099. The company is just able to pay all its short-term debts.
  • The TTM is 1.099. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.099TTM1.0990.000
TTM1.099YOY5.404-4.305
TTM1.0995Y3.481-2.382
5Y3.48110Y3.4810.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare ECO RECYCLING LTD. to the  industry mean.
  • A Quick Ratio of 0.56 means the company can pay off ₹0.56 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ECO RECYCLING LTD.:

  • The MRQ is 0.561. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.561. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.561TTM0.5610.000
TTM0.561YOY2.226-1.665
TTM0.5615Y1.627-1.066
5Y1.62710Y1.6270.000

1.4. Solvency of ECO RECYCLING LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ECO RECYCLING LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ECO RECYCLING LTD. to industry mean.
  • A Debt to Asset Ratio of 0.25 means that ECO RECYCLING LTD. assets are financed with 25.5% credit (debt) and the remaining percentage (100% - 25.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ECO RECYCLING LTD.:

  • The MRQ is 0.255. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.255. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.255TTM0.2550.000
TTM0.255YOY0.261-0.006
TTM0.2555Y0.350-0.095
5Y0.35010Y0.3500.000
1.4.2. Debt to Equity Ratio

Measures if ECO RECYCLING LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ECO RECYCLING LTD. to the  industry mean.
  • A Debt to Equity ratio of 35.2% means that company has ₹0.35 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ECO RECYCLING LTD.:

  • The MRQ is 0.352. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.352. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.352TTM0.3520.000
TTM0.352YOY0.353-0.001
TTM0.3525Y0.578-0.227
5Y0.57810Y0.5780.000

2. Market Valuation of ECO RECYCLING 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 ECO RECYCLING LTD. generates.

  • Above 15 is considered overpriced but always compare ECO RECYCLING LTD. to the  industry mean.
  • A PE ratio of 34.08 means the investor is paying ₹34.08 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ECO RECYCLING LTD.:

  • The EOD is 159.691. Based on the earnings, the company is expensive. -2
  • The MRQ is 34.085. Based on the earnings, the company is overpriced. -1
  • The TTM is 34.085. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD159.691MRQ34.085+125.606
MRQ34.085TTM34.0850.000
TTM34.085YOY17.368+16.717
TTM34.0855Y39.104-5.019
5Y39.10410Y39.1040.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ECO RECYCLING LTD.:

  • The EOD is -193.078. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -41.211. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -41.211. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-193.078MRQ-41.211-151.867
MRQ-41.211TTM-41.2110.000
TTM-41.211YOY677.526-718.737
TTM-41.2115Y133.671-174.882
5Y133.67110Y133.6710.000
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 4.48 means the investor is paying ₹4.48 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of ECO RECYCLING LTD.:

  • The EOD is 20.989. Based on the equity, the company is expensive. -2
  • The MRQ is 4.480. Based on the equity, the company is fair priced.
  • The TTM is 4.480. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD20.989MRQ4.480+16.509
MRQ4.480TTM4.4800.000
TTM4.480YOY4.445+0.035
TTM4.4805Y3.583+0.897
5Y3.58310Y3.5830.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ECO RECYCLING 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---1.281-1.2810%9.237-114%4.884-126%4.884-126%
Book Value Per Share--24.42024.4200%25.701-5%18.255+34%18.255+34%
Current Ratio--1.0991.0990%5.404-80%3.481-68%3.481-68%
Debt To Asset Ratio--0.2550.2550%0.261-2%0.350-27%0.350-27%
Debt To Equity Ratio--0.3520.3520%0.3530%0.578-39%0.578-39%
Dividend Per Share----0%-0%-0%-0%
Eps--3.2103.2100%6.578-51%2.650+21%2.650+21%
Free Cash Flow Per Share---2.655-2.6550%0.169-1674%1.787-249%1.787-249%
Free Cash Flow To Equity Per Share---2.655-2.6550%0.169-1674%1.027-358%1.027-358%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---76.904--------
Intrinsic Value_10Y_min---63.197--------
Intrinsic Value_1Y_max---1.191--------
Intrinsic Value_1Y_min---1.157--------
Intrinsic Value_3Y_max---8.543--------
Intrinsic Value_3Y_min---7.979--------
Intrinsic Value_5Y_max---21.882--------
Intrinsic Value_5Y_min---19.686--------
Market Cap--2111064450.0002111064450.0000%2204653687.500-4%1346720182.500+57%1346720182.500+57%
Net Profit Margin--0.3490.3490%0.830-58%0.342+2%0.342+2%
Operating Margin----0%-0%0.095-100%0.095-100%
Operating Ratio--1.1561.1560%1.166-1%1.204-4%1.204-4%
Pb Ratio20.989+79%4.4804.4800%4.445+1%3.583+25%3.583+25%
Pe Ratio159.691+79%34.08534.0850%17.368+96%39.104-13%39.104-13%
Price Per Share512.550+79%109.400109.4000%114.250-4%69.790+57%69.790+57%
Price To Free Cash Flow Ratio-193.078-369%-41.211-41.2110%677.526-106%133.671-131%133.671-131%
Price To Total Gains Ratio-400.256-369%-85.432-85.4320%12.369-791%-69.760-18%-69.760-18%
Quick Ratio--0.5610.5610%2.226-75%1.627-66%1.627-66%
Return On Assets--0.0980.0980%0.189-48%0.087+13%0.087+13%
Return On Equity--0.1350.1350%0.256-47%0.125+8%0.125+8%
Total Gains Per Share---1.281-1.2810%9.237-114%4.884-126%4.884-126%
Usd Book Value--5654816.6765654816.6760%5951343.372-5%4227128.141+34%4227128.141+34%
Usd Book Value Change Per Share---0.015-0.0150%0.111-114%0.059-126%0.059-126%
Usd Book Value Per Share--0.2930.2930%0.308-5%0.219+34%0.219+34%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0390.0390%0.079-51%0.032+21%0.032+21%
Usd Free Cash Flow---614708.496-614708.4960%39047.700-1674%413792.410-249%413792.410-249%
Usd Free Cash Flow Per Share---0.032-0.0320%0.002-1674%0.021-249%0.021-249%
Usd Free Cash Flow To Equity Per Share---0.032-0.0320%0.002-1674%0.012-358%0.012-358%
Usd Market Cap--25332773.40025332773.4000%26455844.250-4%16160642.190+57%16160642.190+57%
Usd Price Per Share6.151+79%1.3131.3130%1.371-4%0.837+57%0.837+57%
Usd Profit--743225.304743225.3040%1523292.900-51%613708.315+21%613708.315+21%
Usd Revenue--2128401.7442128401.7440%1834295.124+16%1687737.161+26%1687737.161+26%
Usd Total Gains Per Share---0.015-0.0150%0.111-114%0.059-126%0.059-126%
 EOD+2 -4MRQTTM+0 -0YOY+6 -265Y+18 -1510Y+18 -15

3.2. Fundamental Score

Let's check the fundamental score of ECO RECYCLING LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15159.691
Price to Book Ratio (EOD)Between0-120.989
Net Profit Margin (MRQ)Greater than00.349
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.561
Current Ratio (MRQ)Greater than11.099
Debt to Asset Ratio (MRQ)Less than10.255
Debt to Equity Ratio (MRQ)Less than10.352
Return on Equity (MRQ)Greater than0.150.135
Return on Assets (MRQ)Greater than0.050.098
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of ECO RECYCLING LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.250
Ma 20Greater thanMa 50474.653
Ma 50Greater thanMa 100453.389
Ma 100Greater thanMa 200421.515
OpenGreater thanClose495.550
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets632,421
Total Liabilities161,186
Total Stockholder Equity458,303
 As reported
Total Liabilities 161,186
Total Stockholder Equity+ 458,303
Total Assets = 632,421

Assets

Total Assets632,421
Total Current Assets144,562
Long-term Assets487,859
Total Current Assets
Cash And Cash Equivalents 11,569
Short-term Investments 49,277
Net Receivables 24,467
Inventory 41,126
Total Current Assets  (as reported)144,562
Total Current Assets  (calculated)126,439
+/- 18,123
Long-term Assets
Property Plant Equipment 337,203
Intangible Assets 158
Long-term Assets  (as reported)487,859
Long-term Assets  (calculated)337,361
+/- 150,499

Liabilities & Shareholders' Equity

Total Current Liabilities131,554
Long-term Liabilities29,632
Total Stockholder Equity458,303
Total Current Liabilities
Accounts payable 107,786
Other Current Liabilities 5,300
Total Current Liabilities  (as reported)131,554
Total Current Liabilities  (calculated)113,086
+/- 18,468
Long-term Liabilities
Long term Debt 14,075
Capital Lease Obligations Min Short Term Debt9,003
Long-term Liabilities  (as reported)29,632
Long-term Liabilities  (calculated)23,077
+/- 6,555
Total Stockholder Equity
Retained Earnings 101,491
Total Stockholder Equity (as reported)458,303
Total Stockholder Equity (calculated)101,491
+/- 356,812
Other
Capital Stock192,968
Common Stock Shares Outstanding 19,297
Net Debt 2,506
Net Invested Capital 472,377
Net Working Capital 13,008
Property Plant and Equipment Gross 387,868



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
462,557
431,954
455,125
670,999
632,421
632,421670,999455,125431,954462,55700
   > Total Current Assets 
268,371
183,692
116,817
99,776
113,471
272,812
144,562
144,562272,812113,47199,776116,817183,692268,371
       Cash And Cash Equivalents 
0
0
17,501
226
16,377
98,954
11,569
11,56998,95416,37722617,50100
       Short-term Investments 
0
0
0
17,953
51,154
102,300
49,277
49,277102,30051,15417,953000
       Net Receivables 
113,108
63,988
42,454
27,545
10,960
10,085
24,467
24,46710,08510,96027,54542,45463,988113,108
       Inventory 
89,603
64,674
28,735
26,881
21,970
43,840
41,126
41,12643,84021,97026,88128,73564,67489,603
       Other Current Assets 
63,299
51,727
28,106
25,812
0
0
0
00025,81228,10651,72763,299
   > Long-term Assets 
0
0
352,015
332,178
341,653
398,187
487,859
487,859398,187341,653332,178352,01500
       Property Plant Equipment 
165,536
222,290
218,510
218,900
216,622
204,292
337,203
337,203204,292216,622218,900218,510222,290165,536
       Intangible Assets 
0
0
0
253
221
190
158
158190221253000
       Long-term Assets Other 
0
0
0
65
0
65
0
065065000
> Total Liabilities 
0
0
223,559
194,527
137,425
175,054
161,186
161,186175,054137,425194,527223,55900
   > Total Current Liabilities 
135,507
55,302
64,760
31,826
19,034
50,487
131,554
131,55450,48719,03431,82664,76055,302135,507
       Short Long Term Debt 
0
0
30,056
16,909
1,500
6,500
0
06,5001,50016,90930,05600
       Accounts payable 
39,791
298
2,024
2,316
663
19,087
107,786
107,78619,0876632,3162,02429839,791
       Other Current Liabilities 
12,247
0
2,048
6,090
2,500
6,800
5,300
5,3006,8002,5006,0902,048012,247
   > Long-term Liabilities 
0
0
186,600
162,701
118,391
124,567
29,632
29,632124,567118,391162,701186,60000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
9,003
9,003000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0000000
> Total Stockholder Equity
0
0
238,997
237,427
317,700
495,945
458,303
458,303495,945317,700237,427238,99700
   Retained Earnings 
-17,539
0
-94,915
-94,811
-62,137
68,356
101,491
101,49168,356-62,137-94,811-94,9150-17,539
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000



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 (+$)
totalRevenue177,367
Cost of Revenue-59,723
Gross Profit117,644117,644
 
Operating Income (+$)
Gross Profit117,644
Operating Expense-145,255
Operating Income32,112-27,612
 
Operating Expense (+$)
Research Development0
Selling General Administrative16,892
Selling And Marketing Expenses0
Operating Expense145,25516,892
 
Net Interest Income (+$)
Interest Income2,734
Interest Expense-1,731
Other Finance Cost-115
Net Interest Income888
 
Pretax Income (+$)
Operating Income32,112
Net Interest Income888
Other Non-Operating Income Expenses0
Income Before Tax (EBT)66,03932,112
EBIT - interestExpense = -1,731
61,935
63,666
Interest Expense1,731
Earnings Before Interest and Taxes (EBIT)067,770
Earnings Before Interest and Taxes (EBITDA)76,900
 
After tax Income (+$)
Income Before Tax66,039
Tax Provision-4,104
Net Income From Continuing Ops61,93561,935
Net Income61,935
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 Net0-888
 

Technical Analysis of ECO RECYCLING 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 ECO RECYCLING LTD.. The general trend of ECO RECYCLING LTD. 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 ECO RECYCLING 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 (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 ECO RECYCLING LTD..

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

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

The bullish price targets are: 525.00 < 535.35.

The bearish price targets are: 402.65 > 376.95 > 374.40.

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ECO RECYCLING 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 ECO RECYCLING LTD.. 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

ECO RECYCLING 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 ECO RECYCLING LTD.. The current macd is 5.5857423.

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 ECO RECYCLING LTD. price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for ECO RECYCLING LTD.. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the ECO RECYCLING LTD. price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
ECO RECYCLING LTD. Daily Moving Average Convergence/Divergence (MACD) ChartECO RECYCLING 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 ECO RECYCLING LTD.. The current adx is 20.35.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy ECO RECYCLING LTD. shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
ECO RECYCLING 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 ECO RECYCLING LTD.. The current sar is 404.50.

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
ECO RECYCLING 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 ECO RECYCLING LTD.. The current rsi is 59.25. 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
ECO RECYCLING LTD. Daily Relative Strength Index (RSI) ChartECO RECYCLING 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 ECO RECYCLING LTD.. 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 ECO RECYCLING LTD. price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
ECO RECYCLING LTD. Daily Stochastic Oscillator ChartECO RECYCLING 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 ECO RECYCLING LTD.. The current cci is 194.31.

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
ECO RECYCLING LTD. Daily Commodity Channel Index (CCI) ChartECO RECYCLING 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 ECO RECYCLING LTD.. The current cmo is 25.09.

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
ECO RECYCLING LTD. Daily Chande Momentum Oscillator (CMO) ChartECO RECYCLING 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 ECO RECYCLING LTD.. The current willr is -11.97436924.

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
ECO RECYCLING LTD. Daily Williams %R ChartECO RECYCLING 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 ECO RECYCLING LTD..

ECO RECYCLING 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 ECO RECYCLING LTD.. The current atr is 37.28.

ECO RECYCLING LTD. Daily Average True Range (ATR) ChartECO RECYCLING 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 ECO RECYCLING LTD.. The current obv is 3,895,785.

ECO RECYCLING LTD. Daily On-Balance Volume (OBV) ChartECO RECYCLING 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 ECO RECYCLING LTD.. The current mfi is 52.85.

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

  • MFI > 50: +1
ECO RECYCLING LTD. Daily Money Flow Index (MFI) ChartECO RECYCLING LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ECO RECYCLING 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
2023-11-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-26DMI 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.
2023-12-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-22DMI 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.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-31CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07STOCH 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).
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
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).
2024-03-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27SAR 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
2024-03-28MACD 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

6.3. Candlestick Patterns

ECO RECYCLING LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ECO RECYCLING LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.250
Ma 20Greater thanMa 50474.653
Ma 50Greater thanMa 100453.389
Ma 100Greater thanMa 200421.515
OpenGreater thanClose495.550
Total4/5 (80.0%)
Penke

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