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Elders Ltd ADR
Buy, Hold or Sell?

Let's analyse Elders together

PenkeI guess you are interested in Elders Ltd ADR. 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 Elders Ltd ADR. 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 Elders (30 sec.)










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

How much money do you get?

How much money do you get?
$2.04
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$5.54
Expected worth in 1 year
$5.70
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
$2.20
Return On Investment
7.4%

For what price can you sell your share?

Current Price per Share
$29.79
Expected price per share
$29.79 - $29.79
How sure are you?
50%

1. Valuation of Elders (5 min.)




Live pricePrice per Share (EOD)

$29.79

Intrinsic Value Per Share

$-4.33 - $11.32

Total Value Per Share

$1.21 - $16.86

2. Growth of Elders (5 min.)




Is Elders growing?

Current yearPrevious yearGrowGrow %
How rich?$866.8m$860.7m$6.1m0.7%

How much money is Elders making?

Current yearPrevious yearGrowGrow %
Making money$67.1m$108.4m-$41.3m-61.5%
Net Profit Margin3.0%4.7%--

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

3. Financial Health of Elders (5 min.)




4. Comparing to competitors in the Farm Products industry (5 min.)




  Industry Rankings (Farm Products)  


Richest
#52 / 238

Most Revenue
#14 / 238

Most Profit
#15 / 238

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

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

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

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

Speculation

The Price per Share of Elders is $29.79. 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 Elders.
  • 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 Elders, 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 $5.54. Based on the TTM, the Book Value Change Per Share is $0.04 per quarter. Based on the YOY, the Book Value Change Per Share is $0.54 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 $0.51 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Elders.

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 Eps0.431.4%0.431.4%0.692.3%0.531.8%0.862.9%
Usd Book Value Change Per Share0.040.1%0.040.1%0.541.8%-0.85-2.9%0.411.4%
Usd Dividend Per Share0.511.7%0.511.7%0.501.7%0.331.1%0.280.9%
Usd Total Gains Per Share0.551.8%0.551.8%1.043.5%-0.52-1.7%0.692.3%
Usd Price Per Share21.32-21.32-42.53-30.47-21.27-
Price to Earnings Ratio49.68-49.68-61.36-55.41-36.06-
Price-to-Total Gains Ratio38.81-38.81-40.99-37.77-22.03-
Price to Book Ratio3.85-3.85-7.73-6.22-4.22-
Price-to-Total Gains Ratio38.81-38.81-40.99-37.77-22.03-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share29.79
Number of shares33
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.510.33
Usd Book Value Change Per Share0.04-0.85
Usd Total Gains Per Share0.55-0.52
Gains per Quarter (33 shares)18.13-17.14
Gains per Year (33 shares)72.51-68.56
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
16756344-113-79
21351013688-225-148
320215209132-338-217
426921282176-450-286
533726355220-563-355
640431428264-675-424
747136501308-788-493
853941574352-900-562
960646647396-1013-631
1067452720440-1126-700

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%15.015.02.046.9%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%26.06.00.081.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%32.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%27.05.00.084.4%

Fundamentals of Elders

About Elders Ltd ADR

Elders Limited provides agricultural products and services to rural and regional customers primarily in Australia. The company operates through Branch Network, Wholesale Products, and Feed and Processing Services segments. It supplies rural farm inputs, such as seeds, fertilizers, agricultural chemicals, animal health products, and general rural merchandise, as well as professional production and cropping advisory services; and provides retail services through corporate owned stores and through the Ag, Horse, and Pet brand names to independently owned member stores. The company also provides on-farm sales to third parties, regular physical, and online public livestock auctions, as well as directly sells through its owned and third-party feedlots and livestock exporters; agency services for the sale of greasy wool and grain; and brokering services for wool growers. In addition, it markets farms, stations, and lifestyle estates; residential real estate agency and property management services; and water broking and commercial real estate. Further, the company provides a range of banking and insurance products and services; and operates AuctionsPlus, an online livestock auction platform. Additionally, it is involved in grain-fed distribution, beef grass-fattening operations, cow manure processing, and irrigated corn production activities. Elders Limited was founded in 1839 and is headquartered in Adelaide, Australia.

Fundamental data was last updated by Penke on 2024-05-16 05:29:04.

Financial Health

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

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Elders to the Farm Products industry mean.
  • A Net Profit Margin of 3.0% means that $0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Elders Ltd ADR:

  • The MRQ is 3.0%. The company is making a profit. +1
  • The TTM is 3.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.0%TTM3.0%0.0%
TTM3.0%YOY4.7%-1.7%
TTM3.0%5Y4.8%-1.7%
5Y4.8%10Y4.1%+0.6%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0%1.5%+1.5%
TTM3.0%1.4%+1.6%
YOY4.7%3.4%+1.3%
5Y4.8%1.8%+3.0%
10Y4.1%2.3%+1.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Elders to the Farm Products industry mean.
  • 3.2% Return on Assets means that Elders generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Elders Ltd ADR:

  • The MRQ is 3.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.2%0.0%
TTM3.2%YOY5.4%-2.1%
TTM3.2%5Y4.8%-1.6%
5Y4.8%10Y4.9%-0.1%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%0.3%+2.9%
TTM3.2%0.5%+2.7%
YOY5.4%1.0%+4.4%
5Y4.8%0.8%+4.0%
10Y4.9%0.8%+4.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Elders to the Farm Products industry mean.
  • 7.8% Return on Equity means Elders generated $0.08 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Elders Ltd ADR:

  • The MRQ is 7.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.8%TTM7.8%0.0%
TTM7.8%YOY12.7%-4.9%
TTM7.8%5Y11.0%-3.2%
5Y11.0%10Y14.7%-3.7%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ7.8%0.9%+6.9%
TTM7.8%1.1%+6.7%
YOY12.7%2.0%+10.7%
5Y11.0%1.4%+9.6%
10Y14.7%1.6%+13.1%

1.2. Operating Efficiency of Elders Ltd ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Elders is operating .

  • Measures how much profit Elders 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 Elders to the Farm Products industry mean.
  • An Operating Margin of 4.7% means the company generated $0.05  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Elders Ltd ADR:

  • The MRQ is 4.7%. The company is operating less efficient.
  • The TTM is 4.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.7%TTM4.7%0.0%
TTM4.7%YOY7.3%-2.6%
TTM4.7%5Y5.7%-0.9%
5Y5.7%10Y4.8%+0.8%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7%3.0%+1.7%
TTM4.7%1.9%+2.8%
YOY7.3%3.6%+3.7%
5Y5.7%3.2%+2.5%
10Y4.8%3.2%+1.6%
1.2.2. Operating Ratio

Measures how efficient Elders is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm Products industry mean).
  • An Operation Ratio of 0.97 means that the operating costs are $0.97 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Elders Ltd ADR:

  • The MRQ is 0.975. The company is less efficient in keeping operating costs low.
  • The TTM is 0.975. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.975TTM0.9750.000
TTM0.975YOY0.947+0.028
TTM0.9755Y0.964+0.011
5Y0.96410Y0.970-0.006
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9751.581-0.606
TTM0.9751.504-0.529
YOY0.9471.335-0.388
5Y0.9641.366-0.402
10Y0.9701.257-0.287

1.3. Liquidity of Elders Ltd ADR.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Farm Products industry mean).
  • A Current Ratio of 1.29 means the company has $1.29 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Elders Ltd ADR:

  • The MRQ is 1.286. The company is just able to pay all its short-term debts.
  • The TTM is 1.286. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.286TTM1.2860.000
TTM1.286YOY1.331-0.044
TTM1.2865Y1.288-0.002
5Y1.28810Y1.181+0.107
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2861.552-0.266
TTM1.2861.596-0.310
YOY1.3311.678-0.347
5Y1.2881.676-0.388
10Y1.1811.557-0.376
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Elders to the Farm Products industry mean.
  • A Quick Ratio of 0.74 means the company can pay off $0.74 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Elders Ltd ADR:

  • The MRQ is 0.740. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.740. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.740TTM0.7400.000
TTM0.740YOY0.791-0.051
TTM0.7405Y0.836-0.097
5Y0.83610Y0.804+0.032
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7400.394+0.346
TTM0.7400.463+0.277
YOY0.7910.527+0.264
5Y0.8360.604+0.232
10Y0.8040.611+0.193

1.4. Solvency of Elders Ltd ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Elders to Farm Products industry mean.
  • A Debt to Asset Ratio of 0.58 means that Elders assets are financed with 58.2% credit (debt) and the remaining percentage (100% - 58.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Elders Ltd ADR:

  • The MRQ is 0.582. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.582. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.582TTM0.5820.000
TTM0.582YOY0.574+0.008
TTM0.5825Y0.561+0.021
5Y0.56110Y0.658-0.097
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5820.500+0.082
TTM0.5820.485+0.097
YOY0.5740.491+0.083
5Y0.5610.493+0.068
10Y0.6580.486+0.172
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Elders to the Farm Products industry mean.
  • A Debt to Equity ratio of 140.0% means that company has $1.40 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Elders Ltd ADR:

  • The MRQ is 1.400. The company is able to pay all its debts with equity. +1
  • The TTM is 1.400. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.400TTM1.4000.000
TTM1.400YOY1.356+0.044
TTM1.4005Y1.290+0.110
5Y1.29010Y2.580-1.290
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4000.930+0.470
TTM1.4000.976+0.424
YOY1.3560.983+0.373
5Y1.2901.020+0.270
10Y2.5801.049+1.531

2. Market Valuation of Elders Ltd ADR

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 Elders generates.

  • Above 15 is considered overpriced but always compare Elders to the Farm Products industry mean.
  • A PE ratio of 49.68 means the investor is paying $49.68 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Elders Ltd ADR:

  • The EOD is 69.419. Based on the earnings, the company is expensive. -2
  • The MRQ is 49.682. Based on the earnings, the company is overpriced. -1
  • The TTM is 49.682. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD69.419MRQ49.682+19.737
MRQ49.682TTM49.6820.000
TTM49.682YOY61.363-11.681
TTM49.6825Y55.407-5.726
5Y55.40710Y36.059+19.348
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD69.4197.051+62.368
MRQ49.6827.394+42.288
TTM49.6828.223+41.459
YOY61.3637.441+53.922
5Y55.4078.301+47.106
10Y36.05913.354+22.705
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -97.597. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -69.848. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -69.848. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-97.597MRQ-69.848-27.749
MRQ-69.848TTM-69.8480.000
TTM-69.848YOY-264.464+194.616
TTM-69.8485Y-357.351+287.503
5Y-357.35110Y-182.720-174.631
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD-97.597-0.682-96.915
MRQ-69.848-1.248-68.600
TTM-69.848-0.626-69.222
YOY-264.464-0.666-263.798
5Y-357.351-1.206-356.145
10Y-182.720-1.742-180.978
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Farm Products industry mean).
  • A PB ratio of 3.85 means the investor is paying $3.85 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Elders Ltd ADR:

  • The EOD is 5.378. Based on the equity, the company is overpriced. -1
  • The MRQ is 3.849. Based on the equity, the company is fair priced.
  • The TTM is 3.849. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.378MRQ3.849+1.529
MRQ3.849TTM3.8490.000
TTM3.849YOY7.732-3.883
TTM3.8495Y6.221-2.372
5Y6.22110Y4.225+1.996
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD5.3781.292+4.086
MRQ3.8491.289+2.560
TTM3.8491.335+2.514
YOY7.7321.578+6.154
5Y6.2211.707+4.514
10Y4.2252.074+2.151
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Elders Ltd ADR 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--0.0390.0390%0.538-93%-0.853+2281%0.407-90%
Book Value Per Share--5.5405.5400%5.501+1%4.871+14%5.363+3%
Current Ratio--1.2861.2860%1.331-3%1.2880%1.181+9%
Debt To Asset Ratio--0.5820.5820%0.574+1%0.561+4%0.658-12%
Debt To Equity Ratio--1.4001.4000%1.356+3%1.290+9%2.580-46%
Dividend Per Share--0.5100.5100%0.500+2%0.333+53%0.281+82%
Eps--0.4290.4290%0.693-38%0.532-19%0.859-50%
Free Cash Flow Per Share---0.305-0.3050%-0.161-47%-0.146-52%0.250-222%
Free Cash Flow To Equity Per Share---0.519-0.5190%-0.792+53%-0.380-27%-0.299-42%
Gross Profit Margin---2.674-2.6740%-1.046-61%-1.631-39%-9.096+240%
Intrinsic Value_10Y_max--11.325--------
Intrinsic Value_10Y_min---4.326--------
Intrinsic Value_1Y_max--0.442--------
Intrinsic Value_1Y_min---0.241--------
Intrinsic Value_3Y_max--1.855--------
Intrinsic Value_3Y_min---0.895--------
Intrinsic Value_5Y_max--3.906--------
Intrinsic Value_5Y_min---1.732--------
Market Cap937610460.000-256%3336089640.0003336089640.0000%6654966810.000-50%4666035312.000-29%2522868824.000+32%
Net Profit Margin--0.0300.0300%0.047-36%0.048-36%0.041-27%
Operating Margin--0.0470.0470%0.073-35%0.057-16%0.048-1%
Operating Ratio--0.9750.9750%0.947+3%0.964+1%0.970+0%
Pb Ratio5.378+28%3.8493.8490%7.732-50%6.221-38%4.225-9%
Pe Ratio69.419+28%49.68249.6820%61.363-19%55.407-10%36.059+38%
Price Per Share29.790+28%21.32021.3200%42.530-50%30.470-30%21.267+0%
Price To Free Cash Flow Ratio-97.597-40%-69.848-69.8480%-264.464+279%-357.351+412%-182.720+162%
Price To Total Gains Ratio54.229+28%38.81038.8100%40.993-5%37.773+3%22.031+76%
Quick Ratio--0.7400.7400%0.791-6%0.836-12%0.804-8%
Return On Assets--0.0320.0320%0.054-40%0.048-32%0.049-33%
Return On Equity--0.0780.0780%0.127-39%0.110-29%0.147-47%
Total Gains Per Share--0.5490.5490%1.038-47%-0.519+195%0.688-20%
Usd Book Value--866835000.000866835000.0000%860717000.000+1%734270600.000+18%459274300.000+89%
Usd Book Value Change Per Share--0.0390.0390%0.538-93%-0.853+2281%0.407-90%
Usd Book Value Per Share--5.5405.5400%5.501+1%4.871+14%5.363+3%
Usd Dividend Per Share--0.5100.5100%0.500+2%0.333+53%0.281+82%
Usd Eps--0.4290.4290%0.693-38%0.532-19%0.859-50%
Usd Free Cash Flow---47762000.000-47762000.0000%-25164000.000-47%-21837400.000-54%-752900.000-98%
Usd Free Cash Flow Per Share---0.305-0.3050%-0.161-47%-0.146-52%0.250-222%
Usd Free Cash Flow To Equity Per Share---0.519-0.5190%-0.792+53%-0.380-27%-0.299-42%
Usd Market Cap937610460.000-256%3336089640.0003336089640.0000%6654966810.000-50%4666035312.000-29%2522868824.000+32%
Usd Price Per Share29.790+28%21.32021.3200%42.530-50%30.470-30%21.267+0%
Usd Profit--67149356.00067149356.0000%108452469.400-38%80622510.700-17%59100889.060+14%
Usd Revenue--2205420180.1002205420180.1000%2286507489.000-4%1734490639.260+27%1385163960.790+59%
Usd Total Gains Per Share--0.5490.5490%1.038-47%-0.519+195%0.688-20%
 EOD+3 -5MRQTTM+0 -0YOY+10 -265Y+14 -2210Y+16 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1569.419
Price to Book Ratio (EOD)Between0-15.378
Net Profit Margin (MRQ)Greater than00.030
Operating Margin (MRQ)Greater than00.047
Quick Ratio (MRQ)Greater than10.740
Current Ratio (MRQ)Greater than11.286
Debt to Asset Ratio (MRQ)Less than10.582
Debt to Equity Ratio (MRQ)Less than11.400
Return on Equity (MRQ)Greater than0.150.078
Return on Assets (MRQ)Greater than0.050.032
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5099.962
Ma 20Greater thanMa 5029.790
Ma 50Greater thanMa 10029.664
Ma 100Greater thanMa 20028.252
OpenGreater thanClose29.790
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets2,074,512
Total Liabilities1,207,677
Total Stockholder Equity862,481
 As reported
Total Liabilities 1,207,677
Total Stockholder Equity+ 862,481
Total Assets = 2,074,512

Assets

Total Assets2,074,512
Total Current Assets1,300,432
Long-term Assets774,080
Total Current Assets
Cash And Cash Equivalents 21,483
Net Receivables 726,123
Inventory 540,780
Other Current Assets 12,046
Total Current Assets  (as reported)1,300,432
Total Current Assets  (calculated)1,300,432
+/-0
Long-term Assets
Property Plant Equipment 269,799
Goodwill 231,691
Long Term Investments 79,918
Intangible Assets 177,623
Long-term Assets  (as reported)774,080
Long-term Assets  (calculated)759,031
+/- 15,049

Liabilities & Shareholders' Equity

Total Current Liabilities1,010,883
Long-term Liabilities196,794
Total Stockholder Equity862,481
Total Current Liabilities
Short-term Debt 301,855
Short Long Term Debt 265,814
Accounts payable 514,726
Other Current Liabilities 194,302
Total Current Liabilities  (as reported)1,010,883
Total Current Liabilities  (calculated)1,276,697
+/- 265,814
Long-term Liabilities
Capital Lease Obligations 203,624
Long-term Liabilities  (as reported)196,794
Long-term Liabilities  (calculated)203,624
+/- 6,830
Total Stockholder Equity
Common Stock1,643,419
Retained Earnings -743,551
Accumulated Other Comprehensive Income -37,387
Total Stockholder Equity (as reported)862,481
Total Stockholder Equity (calculated)862,481
+/-0
Other
Capital Stock1,643,419
Cash and Short Term Investments 21,483
Common Stock Shares Outstanding 156,477
Liabilities and Stockholders Equity 2,074,512
Net Debt 463,311
Net Invested Capital 1,143,651
Net Working Capital 289,549
Property Plant and Equipment Gross 322,973
Short Long Term Debt Total 484,794



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302022-09-302021-09-302020-09-302019-09-302018-09-302017-09-302016-09-302015-09-302014-09-302013-09-302012-09-302011-09-302010-09-302009-09-302008-09-302007-09-302006-09-302005-09-302004-09-302003-09-302002-09-302001-09-302000-09-301999-09-301998-09-301997-09-301996-09-301995-09-301994-09-301993-09-301992-09-301991-09-301990-09-301989-09-30
> Total Assets 
42,741
44,694
75,644
222,323
303,998
346,467
376,296
446,881
1,334,165
1,496,373
1,639,098
1,828,456
2,039,932
1,965,555
2,162,627
2,431,279
2,972,928
3,361,454
3,098,435
3,415,917
0
2,096,276
1,689,976
1,509,902
680,917
515,012
577,733
691,289
802,152
930,219
1,016,730
1,554,065
1,797,030
2,019,996
2,074,512
2,074,5122,019,9961,797,0301,554,0651,016,730930,219802,152691,289577,733515,012680,9171,509,9021,689,9762,096,27603,415,9173,098,4353,361,4542,972,9282,431,2792,162,6271,965,5552,039,9321,828,4561,639,0981,496,3731,334,165446,881376,296346,467303,998222,32375,64444,69442,741
   > Total Current Assets 
22,512
23,394
40,512
94,997
101,301
112,363
133,515
167,177
721,513
856,929
905,277
952,472
1,016,298
1,095,806
1,295,611
1,458,347
1,672,795
1,788,450
1,406,486
1,444,677
1,567,452
818,403
1,074,225
915,112
545,725
451,297
496,515
562,167
576,544
640,290
670,272
953,239
1,160,752
1,395,197
1,300,432
1,300,4321,395,1971,160,752953,239670,272640,290576,544562,167496,515451,297545,725915,1121,074,225818,4031,567,4521,444,6771,406,4861,788,4501,672,7951,458,3471,295,6111,095,8061,016,298952,472905,277856,929721,513167,177133,515112,363101,30194,99740,51223,39422,512
       Cash And Cash Equivalents 
262
8,175
1,911
18,189
17,909
21,435
22,728
15,388
32,738
48,697
1,702
152,854
178,755
292,049
428,225
389,298
365,803
537,521
244,310
244,043
392,538
79,985
81,614
91,969
39,927
22,477
669
35,151
35,186
11,641
7,313
50,741
48,063
17,840
21,483
21,48317,84048,06350,7417,31311,64135,18635,15166922,47739,92791,96981,61479,985392,538244,043244,310537,521365,803389,298428,225292,049178,755152,8541,70248,69732,73815,38822,72821,43517,90918,1891,9118,175262
       Short-term Investments 
0
0
41
0
514
0
0
0
316,694
0
206,301
0
0
0
0
0
0
5,096
3,031
706
0
0
664
1,593
1,220
0
0
0
0
0
0
0
0
0
0
00000000001,2201,593664007063,0315,096000000206,3010316,69400051404100
       Net Receivables 
16,514
6,755
19,063
32,073
35,403
41,104
47,526
86,979
216,852
304,668
357,180
485,974
460,785
471,415
495,564
646,408
617,254
613,846
665,237
633,782
673,844
471,160
540,825
498,015
340,186
302,137
349,433
376,470
383,789
443,478
478,712
599,459
730,860
811,176
726,123
726,123811,176730,860599,459478,712443,478383,789376,470349,433302,137340,186498,015540,825471,160673,844633,782665,237613,846617,254646,408495,564471,415460,785485,974357,180304,668216,85286,97947,52641,10435,40332,07319,0636,75516,514
       Inventory 
5,237
8,358
19,444
44,735
47,475
49,824
63,261
64,810
155,229
144,309
225,611
266,546
155,487
225,167
250,792
302,705
510,546
523,352
413,099
433,865
362,190
226,015
241,637
234,357
152,982
84,817
100,304
109,643
111,101
180,285
181,430
300,664
377,920
557,853
540,780
540,780557,853377,920300,664181,430180,285111,101109,643100,30484,817152,982234,357241,637226,015362,190433,865413,099523,352510,546302,705250,792225,167155,487266,546225,611144,309155,22964,81063,26149,82447,47544,73519,4448,3585,237
       Other Current Assets 
499
106
53
0
0
0
0
0
0
359,255
9,184
47,098
221,271
107,175
121,030
119,936
179,192
106,729
112,581
132,277
138,880
1,432
23,626
667
501
41,123
45,912
36,057
44,616
3,568
2,817
2,375
3,909
8,328
12,046
12,0468,3283,9092,3752,8173,56844,61636,05745,91241,12350166723,6261,432138,880132,277112,581106,729179,192119,936121,030107,175221,27147,0989,184359,25500000053106499
   > Long-term Assets 
20,229
21,300
35,132
127,326
202,697
234,104
242,781
279,704
612,652
639,444
733,821
875,984
1,023,634
869,749
867,016
972,932
1,300,133
1,573,004
1,691,949
1,971,240
1,267,115
1,277,873
615,751
594,790
135,192
63,715
81,218
129,122
225,608
289,929
346,458
600,826
636,278
624,799
774,080
774,080624,799636,278600,826346,458289,929225,608129,12281,21863,715135,192594,790615,7511,277,8731,267,1151,971,2401,691,9491,573,0041,300,133972,932867,016869,7491,023,634875,984733,821639,444612,652279,704242,781234,104202,697127,32635,13221,30020,229
       Property Plant Equipment 
12,211
11,512
19,722
101,887
173,252
171,904
171,353
179,821
372,293
209,050
208,381
238,785
223,375
143,077
168,480
228,582
326,025
198,345
220,448
312,983
156,820
142,880
113,202
111,940
35,096
25,750
28,658
30,562
29,885
27,318
27,405
133,070
141,757
166,257
269,799
269,799166,257141,757133,07027,40527,31829,88530,56228,65825,75035,096111,940113,202142,880156,820312,983220,448198,345326,025228,582168,480143,077223,375238,785208,381209,050372,293179,821171,353171,904173,252101,88719,72211,51212,211
       Goodwill 
0
0
1,557
3,362
1,915
1,765
1,615
1,465
18,300
9,900
45,169
70,846
71,211
78,529
77,396
71,235
153,535
198,420
0
207,886
0
183,599
165,228
171,907
0
0
0
2,052
9,216
47,918
59,977
146,952
175,151
199,254
231,691
231,691199,254175,151146,95259,97747,9189,2162,052000171,907165,228183,5990207,8860198,420153,53571,23577,39678,52971,21170,84645,1699,90018,3001,4651,6151,7651,9153,3621,55700
       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
22,716
55,111
55,606
55,015
57,742
59,205
48,816
79,918
79,91848,81659,20557,74255,01555,60655,11122,716000000000000000000000000000
       Intangible Assets 
4,426
4,194
3,961
19,208
19,916
19,650
19,032
16,000
90,495
64,098
106,241
131,724
132,062
139,531
138,176
133,805
219,473
270,641
288,323
306,836
271,639
60,905
63,139
89,094
5,615
5,615
5,615
8,366
72,014
81,073
106,877
159,295
157,492
165,066
177,623
177,623165,066157,492159,295106,87781,07372,0148,3665,6155,6155,61589,09463,13960,905271,639306,836288,323270,641219,473133,805138,176139,531132,062131,724106,24164,09890,49516,00019,03219,65019,91619,2083,9614,1944,426
       Other 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
25,204
40,769
65,426
59,382
78,014
97,184
103,767
103,942
46,675
0
046,675103,942103,76797,18478,01459,38265,42640,76925,2040000000000000000000000000
> Total Liabilities 
27,977
19,385
37,513
128,720
155,140
171,505
172,043
199,907
869,115
914,554
1,014,968
1,132,816
1,298,924
1,188,569
1,261,200
1,470,121
1,890,590
2,133,529
1,911,938
2,119,741
1,943,403
1,090,183
1,085,293
958,120
634,717
457,982
466,104
504,785
544,474
621,670
523,847
881,739
1,018,438
1,159,279
1,207,677
1,207,6771,159,2791,018,438881,739523,847621,670544,474504,785466,104457,982634,717958,1201,085,2931,090,1831,943,4032,119,7411,911,9382,133,5291,890,5901,470,1211,261,2001,188,5691,298,9241,132,8161,014,968914,554869,115199,907172,043171,505155,140128,72037,51319,38527,977
   > Total Current Liabilities 
26,438
9,829
25,634
52,168
63,487
66,796
74,416
107,615
536,519
636,006
575,894
556,158
785,954
770,642
861,709
1,066,360
1,253,904
1,471,382
1,369,567
1,371,767
1,090,573
763,631
793,040
814,234
596,769
446,231
456,853
496,616
535,207
602,930
504,147
770,830
923,375
1,048,516
1,010,883
1,010,8831,048,516923,375770,830504,147602,930535,207496,616456,853446,231596,769814,234793,040763,6311,090,5731,371,7671,369,5671,471,3821,253,9041,066,360861,709770,642785,954556,158575,894636,006536,519107,61574,41666,79663,48752,16825,6349,82926,438
       Short-term Debt 
18,097
984
2,998
12,689
9,489
5,101
5,240
38,314
325,078
371,144
442,619
43,891
8,246
21,965
79,506
58,416
145,008
175,686
255,935
164,905
365,833
279,486
196,041
302,987
268,116
159,982
136,822
121,300
130,482
184,001
100,695
187,191
192,237
211,926
301,855
301,855211,926192,237187,191100,695184,001130,482121,300136,822159,982268,116302,987196,041279,486365,833164,905255,935175,686145,00858,41679,50621,9658,24643,891442,619371,144325,07838,3145,2405,1019,48912,6892,99898418,097
       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
120,697
129,874
183,454
100,149
158,691
154,265
179,210
265,814
265,814179,210154,265158,691100,149183,454129,874120,697000000000000000000000000000
       Accounts payable 
5,121
3,614
11,610
14,839
14,982
25,938
34,997
40,238
162,350
194,872
223,456
416,132
598,180
629,917
628,292
825,023
878,108
984,910
889,567
966,726
724,740
282,267
359,839
346,422
220,398
226,583
258,715
303,710
314,750
326,405
314,605
452,775
546,997
617,044
514,726
514,726617,044546,997452,775314,605326,405314,750303,710258,715226,583220,398346,422359,839282,267724,740966,726889,567984,910878,108825,023628,292629,917598,180416,132223,456194,872162,35040,23834,99725,93814,98214,83911,6103,6145,121
       Other Current Liabilities 
3,220
5,231
11,026
24,640
39,016
35,757
34,179
29,063
49,091
69,990
-90,181
96,135
179,528
118,760
51,512
12,158
20,716
310,786
224,065
240,136
-1,090,573
201,878
237,160
164,825
108,255
59,666
61,316
71,606
89,975
92,524
88,847
130,864
184,141
219,546
194,302
194,302219,546184,141130,86488,84792,52489,97571,60661,31659,666108,255164,825237,160201,878-1,090,573240,136224,065310,78620,71612,15851,512118,760179,52896,135-90,18169,99049,09129,06334,17935,75739,01624,64011,0265,2313,220
   > Long-term Liabilities 
1,539
9,556
11,879
76,552
91,653
104,709
97,627
92,292
332,596
278,548
439,074
576,658
512,970
417,927
399,491
403,761
636,686
662,147
542,371
747,974
852,830
326,552
292,253
143,886
37,948
11,751
9,251
8,169
9,267
18,740
19,700
110,909
95,063
110,763
196,794
196,794110,76395,063110,90919,70018,7409,2678,1699,25111,75137,948143,886292,253326,552852,830747,974542,371662,147636,686403,761399,491417,927512,970576,658439,074278,548332,59692,29297,627104,70991,65376,55211,8799,5561,539
       Other 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
11,630
8,432
8,169
9,267
17,666
18,830
9,908
22,358
19,936
0
019,93622,3589,90818,83017,6669,2678,1698,43211,6300000000000000000000000000
> Total Stockholder Equity
14,764
25,309
38,131
80,521
147,723
174,962
204,253
246,974
462,604
569,399
612,035
692,369
722,952
749,093
843,593
890,154
960,842
1,215,462
1,178,458
1,209,450
-7,227
1,002,769
601,730
544,135
41,959
55,670
110,364
184,085
255,541
306,774
491,657
671,001
775,425
854,859
862,481
862,481854,859775,425671,001491,657306,774255,541184,085110,36455,67041,959544,135601,7301,002,769-7,2271,209,4501,178,4581,215,462960,842890,154843,593749,093722,952692,369612,035569,399462,604246,974204,253174,962147,72380,52138,13125,30914,764
   Common Stock
14,030
23,396
29,507
42,297
50,547
55,893
58,587
66,188
95,567
100,030
350,691
393,221
394,514
383,928
437,207
446,920
454,420
577,717
608,493
694,118
737,513
1,273,863
1,271,493
1,270,323
1,269,153
1,277,813
1,323,284
1,422,382
1,422,255
1,426,835
1,562,377
1,645,561
1,651,006
1,646,630
1,643,419
1,643,4191,646,6301,651,0061,645,5611,562,3771,426,8351,422,2551,422,3821,323,2841,277,8131,269,1531,270,3231,271,4931,273,863737,513694,118608,493577,717454,420446,920437,207383,928394,514393,221350,691100,03095,56766,18858,58755,89350,54742,29729,50723,39614,030
   Retained Earnings 
-11,093
-7,164
-4,259
2,575
15,077
33,089
57,851
94,744
128,363
232,871
260,674
295,445
327,036
364,818
416,899
388,969
426,242
371,367
392,959
353,991
-106,832
-380,577
-781,322
-844,029
-1,350,520
-1,347,225
-1,301,213
-1,246,064
-1,139,118
-1,094,027
-1,043,490
-946,890
-848,694
-764,066
-743,551
-743,551-764,066-848,694-946,890-1,043,490-1,094,027-1,139,118-1,246,064-1,301,213-1,347,225-1,350,520-844,029-781,322-380,577-106,832353,991392,959371,367426,242388,969416,899364,818327,036295,445260,674232,871128,36394,74457,85133,08915,0772,575-4,259-7,164-11,093
   Accumulated Other Comprehensive Income 
8,714
9,077
12,883
35,649
82,099
85,980
87,815
86,042
238,833
236,498
670
3,703
1,402
347
-10,513
54,265
80,180
63,843
-22,408
16,190
-35,305
-35,668
-33,592
-27,310
-21,825
-20,069
-19,307
-29,063
-27,596
-26,034
-27,230
-27,670
-26,887
-27,705
-37,387
-37,387-27,705-26,887-27,670-27,230-26,034-27,596-29,063-19,307-20,069-21,825-27,310-33,592-35,668-35,30516,190-22,40863,84380,18054,265-10,5133471,4023,703670236,498238,83386,04287,81585,98082,09935,64912,8839,0778,714
   Capital Surplus 00000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-09-30)

Gross Profit (+$)
totalRevenue3,311,939
Cost of Revenue-2,716,576
Gross Profit595,363595,363
 
Operating Income (+$)
Gross Profit595,363
Operating Expense-511,706
Operating Income157,01583,657
 
Operating Expense (+$)
Research Development-
Selling General Administrative77,682
Selling And Marketing Expenses370,478
Operating Expense511,706448,160
 
Net Interest Income (+$)
Interest Income9,481
Interest Expense-19,651
Other Finance Cost-3,368
Net Interest Income-13,538
 
Pretax Income (+$)
Operating Income157,015
Net Interest Income-13,538
Other Non-Operating Income Expenses-
Income Before Tax (EBT)138,868145,878
EBIT - interestExpense = 137,364
133,868
120,491
Interest Expense19,651
Earnings Before Interest and Taxes (EBIT)157,015158,519
Earnings Before Interest and Taxes (EBITDA)214,627
 
After tax Income (+$)
Income Before Tax138,868
Tax Provision-33,028
Net Income From Continuing Ops105,840105,840
Net Income100,840
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses3,228,282
Total Other Income/Expenses Net11,13713,538
 

Technical Analysis of Elders
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 Elders. The general trend of Elders is BULLISH with 71.4% 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 Elders'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 (71.4%) Bearish trend (-71.4%)
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 Elders Ltd ADR.

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: 29.79 < 29.79 < 29.79.

The bearish price targets are: 29.79 > 29.79 > 29.79.

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Elders Ltd ADR 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 Elders Ltd ADR. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is 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

Elders Ltd ADR 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 Elders Ltd ADR. The current macd is 0.0586011.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Elders price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Elders. 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 Elders 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Elders Ltd ADR Daily Moving Average Convergence/Divergence (MACD) ChartElders Ltd ADR 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 Elders Ltd ADR. The current adx is 99.89.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Elders shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Elders Ltd ADR 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 Elders Ltd ADR. The current sar is 29.72.

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
Elders Ltd ADR 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 Elders Ltd ADR. The current rsi is 99.96. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1