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Empresa Distribuidora y Comercializadora Norte S.A.
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Let's analyse Empresa Distribuidora y Comercializadora Norte S.A. together

PenkeI guess you are interested in Empresa Distribuidora y Comercializadora Norte S.A.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Empresa Distribuidora y Comercializadora Norte S.A.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Empresa Distribuidora y Comercializadora Norte S.A. (30 sec.)










What can you expect buying and holding a share of Empresa Distribuidora y Comercializadora Norte S.A.? (30 sec.)

How much money do you get?

How much money do you get?
ARS0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
ARS352.02
Expected worth in 1 year
ARS584.92
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
ARS232.90
Return On Investment
22.2%

For what price can you sell your share?

Current Price per Share
ARS1,049.40
Expected price per share
ARS620.00 - ARS1,410
How sure are you?
50%
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1. Valuation of Empresa Distribuidora y Comercializadora Norte S.A. (5 min.)




Live pricePrice per Share (EOD)

ARS1,049.40

Intrinsic Value Per Share

ARS-2.18 - ARS-2.61

Total Value Per Share

ARS349.85 - ARS349.41

2. Growth of Empresa Distribuidora y Comercializadora Norte S.A. (5 min.)




Is Empresa Distribuidora y Comercializadora Norte S.A. growing?

Current yearPrevious yearGrowGrow %
How rich?$369.8m$105.3m$119.3m53.1%

How much money is Empresa Distribuidora y Comercializadora Norte S.A. making?

Current yearPrevious yearGrowGrow %
Making money$18.5m-$7.6m$26.2m141.4%
Net Profit Margin9.1%-16.2%--

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

3. Financial Health of Empresa Distribuidora y Comercializadora Norte S.A. (5 min.)




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What can you expect buying and holding a share of Empresa Distribuidora y Comercializadora Norte S.A.? (5 min.)

Welcome investor! Empresa Distribuidora y Comercializadora Norte S.A.'s management wants to use your money to grow the business. In return you get a share of Empresa Distribuidora y Comercializadora Norte S.A..

What can you expect buying and holding a share of Empresa Distribuidora y Comercializadora Norte S.A.?

First you should know what it really means to hold a share of Empresa Distribuidora y Comercializadora Norte S.A.. And how you can make/lose money.

Speculation

The Price per Share of Empresa Distribuidora y Comercializadora Norte S.A. is ARS1,049. 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 Empresa Distribuidora y Comercializadora Norte S.A..
  • 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 Empresa Distribuidora y Comercializadora Norte S.A., 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 ARS352.02. Based on the TTM, the Book Value Change Per Share is ARS58.23 per quarter. Based on the YOY, the Book Value Change Per Share is ARS8.99 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 ARS0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Empresa Distribuidora y Comercializadora Norte S.A..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per Share
Usd Eps0.100.0%0.020.0%-0.010.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.190.0%0.070.0%0.010.0%0.020.0%0.020.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.190.0%0.070.0%0.010.0%0.020.0%0.020.0%
Usd Price Per Share0.58-0.35-0.08-0.11-0.11-
Price to Earnings Ratio1.39-7.01--2.76-4.64-4.64-
Price-to-Total Gains Ratio3.10-7.22-18.89-7.36-7.36-
Price to Book Ratio1.37-1.33-0.70-0.74-0.74-
Price-to-Total Gains Ratio3.10-7.22-18.89-7.36-7.36-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.25928
Number of shares794
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.070.02
Usd Total Gains Per Share0.070.02
Gains per Quarter (794 shares)55.4816.77
Gains per Year (794 shares)221.9167.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1022221206757
204444340134124
306666560201191
408888780268258
50111011000335325
60133113220402392
70155315440470459
80177517660537526
90199719880604593
100221922100671660

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%2.010.00.016.7%8.012.00.040.0%8.012.00.040.0%8.012.00.040.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%18.02.00.090.0%18.02.00.090.0%18.02.00.090.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.020.00.0%0.00.020.00.0%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%18.02.00.090.0%18.02.00.090.0%18.02.00.090.0%
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Fundamentals of Empresa Distribuidora y Comercializadora Norte S.A.

About Empresa Distribuidora y Comercializadora Norte S.A.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima engages in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is a subsidiary of Empresa de Energía del Cono Sur S.A.

Fundamental data was last updated by Penke on 2024-02-08 10:57:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Empresa Distribuidora y Comercializadora Norte S.A..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Empresa Distribuidora y Comercializadora Norte S.A. earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Empresa Distribuidora y Comercializadora Norte S.A. to the Utilities - Regulated Electric industry mean.
  • A Net Profit Margin of 55.0% means that $0.55 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 55.0%. The company is making a huge profit. +2
  • The TTM is 9.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ55.0%TTM9.1%+45.9%
TTM9.1%YOY-16.2%+25.2%
TTM9.1%5Y-4.1%+13.2%
5Y-4.1%10Y-4.1%0.0%
1.1.2. Return on Assets

Shows how efficient Empresa Distribuidora y Comercializadora Norte S.A. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Empresa Distribuidora y Comercializadora Norte S.A. to the Utilities - Regulated Electric industry mean.
  • 7.5% Return on Assets means that Empresa Distribuidora y Comercializadora Norte S.A. generated $0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 7.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.5%TTM1.3%+6.2%
TTM1.3%YOY-2.1%+3.5%
TTM1.3%5Y-0.4%+1.7%
5Y-0.4%10Y-0.4%0.0%
1.1.3. Return on Equity

Shows how efficient Empresa Distribuidora y Comercializadora Norte S.A. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Empresa Distribuidora y Comercializadora Norte S.A. to the Utilities - Regulated Electric industry mean.
  • 24.7% Return on Equity means Empresa Distribuidora y Comercializadora Norte S.A. generated $0.25 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 24.7%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 3.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ24.7%TTM3.9%+20.8%
TTM3.9%YOY-5.4%+9.2%
TTM3.9%5Y-1.1%+5.0%
5Y-1.1%10Y-1.1%0.0%
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1.2. Operating Efficiency of Empresa Distribuidora y Comercializadora Norte S.A..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Empresa Distribuidora y Comercializadora Norte S.A. is operating .

  • Measures how much profit Empresa Distribuidora y Comercializadora Norte S.A. 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 Empresa Distribuidora y Comercializadora Norte S.A. to the Utilities - Regulated Electric 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 Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-13.9%+13.9%
TTM-13.9%YOY-14.3%+0.4%
TTM-13.9%5Y2.1%-16.0%
5Y2.1%10Y2.1%0.0%
1.2.2. Operating Ratio

Measures how efficient Empresa Distribuidora y Comercializadora Norte S.A. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • An Operation Ratio of 1.84 means that the operating costs are $1.84 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 1.838. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.088. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.838TTM2.088-0.249
TTM2.088YOY2.067+0.021
TTM2.0885Y1.931+0.157
5Y1.93110Y1.9310.000
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1.3. Liquidity of Empresa Distribuidora y Comercializadora Norte S.A..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Empresa Distribuidora y Comercializadora Norte S.A. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A Current Ratio of 0.93 means the company has $0.93 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 0.934. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.530. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.934TTM0.530+0.404
TTM0.530YOY0.420+0.110
TTM0.5305Y0.596-0.066
5Y0.59610Y0.5960.000
1.3.2. Quick Ratio

Measures if Empresa Distribuidora y Comercializadora Norte S.A. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Empresa Distribuidora y Comercializadora Norte S.A. to the Utilities - Regulated Electric industry mean.
  • A Quick Ratio of 0.45 means the company can pay off $0.45 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 0.449. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.370. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.449TTM0.370+0.079
TTM0.370YOY0.338+0.032
TTM0.3705Y0.401-0.031
5Y0.40110Y0.4010.000
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1.4. Solvency of Empresa Distribuidora y Comercializadora Norte S.A..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Empresa Distribuidora y Comercializadora Norte S.A. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Empresa Distribuidora y Comercializadora Norte S.A. to Utilities - Regulated Electric industry mean.
  • A Debt to Asset Ratio of 0.70 means that Empresa Distribuidora y Comercializadora Norte S.A. assets are financed with 69.5% credit (debt) and the remaining percentage (100% - 69.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 0.695. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.742. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.695TTM0.742-0.047
TTM0.742YOY0.712+0.030
TTM0.7425Y0.630+0.112
5Y0.63010Y0.6300.000
1.4.2. Debt to Equity Ratio

Measures if Empresa Distribuidora y Comercializadora Norte S.A. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Empresa Distribuidora y Comercializadora Norte S.A. to the Utilities - Regulated Electric industry mean.
  • A Debt to Equity ratio of 228.1% means that company has $2.28 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The MRQ is 2.281. The company is just not able to pay all its debts with equity.
  • The TTM is 2.924. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.281TTM2.924-0.643
TTM2.924YOY1.783+1.142
TTM2.9245Y1.746+1.179
5Y1.74610Y1.7460.000
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2. Market Valuation of Empresa Distribuidora y Comercializadora Norte S.A.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Empresa Distribuidora y Comercializadora Norte S.A. generates.

  • Above 15 is considered overpriced but always compare Empresa Distribuidora y Comercializadora Norte S.A. to the Utilities - Regulated Electric industry mean.
  • A PE ratio of 1.39 means the investor is paying $1.39 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The EOD is 3.021. Based on the earnings, the company is cheap. +2
  • The MRQ is 1.387. Based on the earnings, the company is cheap. +2
  • The TTM is 7.006. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.021MRQ1.387+1.634
MRQ1.387TTM7.006-5.620
TTM7.006YOY-2.759+9.766
TTM7.0065Y4.641+2.365
5Y4.64110Y4.6410.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The EOD is -49.636. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -22.786. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.523. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-49.636MRQ-22.786-26.849
MRQ-22.786TTM-7.523-15.263
TTM-7.523YOY-16.323+8.800
TTM-7.5235Y-4.423-3.100
5Y-4.42310Y-4.4230.000
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Empresa Distribuidora y Comercializadora Norte S.A. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A PB ratio of 1.37 means the investor is paying $1.37 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Empresa Distribuidora y Comercializadora Norte S.A.:

  • The EOD is 2.981. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.369. Based on the equity, the company is underpriced. +1
  • The TTM is 1.334. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.981MRQ1.369+1.613
MRQ1.369TTM1.334+0.034
TTM1.334YOY0.696+0.638
TTM1.3345Y0.743+0.592
5Y0.74310Y0.7430.000
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Empresa Distribuidora y Comercializadora Norte S.A. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--155.29958.225+167%8.986+1628%17.601+782%17.601+782%
Book Value Per Share--352.024213.912+65%100.334+251%102.750+243%102.750+243%
Current Ratio--0.9340.530+76%0.420+122%0.596+57%0.596+57%
Debt To Asset Ratio--0.6950.742-6%0.712-2%0.630+10%0.630+10%
Debt To Equity Ratio--2.2812.924-22%1.783+28%1.746+31%1.746+31%
Dividend Per Share----0%-0%-0%-0%
Eps--86.84216.995+411%-7.457+109%0.986+8706%0.986+8706%
Free Cash Flow Per Share---5.286-2.942-44%1.664-418%0.544-1072%0.544-1072%
Free Cash Flow To Equity Per Share---3.723-3.692-1%1.384-369%-0.416-89%-0.416-89%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2.611--------
Intrinsic Value_10Y_min---2.177--------
Intrinsic Value_1Y_max---0.062--------
Intrinsic Value_1Y_min---0.061--------
Intrinsic Value_3Y_max---0.338--------
Intrinsic Value_3Y_min---0.320--------
Intrinsic Value_5Y_max---0.798--------
Intrinsic Value_5Y_min---0.728--------
Market Cap432052654809.600+2%421821672505.750257687109551.425+64%61836080203.175+582%81215692370.165+419%81215692370.165+419%
Net Profit Margin--0.5500.091+505%-0.162+129%-0.041+107%-0.041+107%
Operating Margin----0.1390%-0.1430%0.021-100%0.021-100%
Operating Ratio--1.8382.088-12%2.067-11%1.931-5%1.931-5%
Pb Ratio2.981+54%1.3691.334+3%0.696+97%0.743+84%0.743+84%
Pe Ratio3.021+54%1.3877.006-80%-2.759+299%4.641-70%4.641-70%
Price Per Share1049.400+54%481.750294.325+64%70.638+582%92.683+420%92.683+420%
Price To Free Cash Flow Ratio-49.636-118%-22.786-7.523-67%-16.323-28%-4.423-81%-4.423-81%
Price To Total Gains Ratio6.757+54%3.1027.218-57%18.889-84%7.359-58%7.359-58%
Quick Ratio--0.4490.370+21%0.338+33%0.401+12%0.401+12%
Return On Assets--0.0750.013+462%-0.021+128%-0.004+105%-0.004+105%
Return On Equity--0.2470.039+540%-0.054+122%-0.011+105%-0.011+105%
Total Gains Per Share--155.29958.225+167%8.986+1628%17.601+782%17.601+782%
Usd Book Value--369879600.000224741400.000+65%105398400.000+251%108092166.900+242%108092166.900+242%
Usd Book Value Change Per Share--0.1860.070+167%0.011+1628%0.021+782%0.021+782%
Usd Book Value Per Share--0.4220.257+65%0.120+251%0.123+243%0.123+243%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1040.020+411%-0.009+109%0.001+8706%0.001+8706%
Usd Free Cash Flow---5553600.000-3090900.000-44%1747800.000-418%562626.720-1087%562626.720-1087%
Usd Free Cash Flow Per Share---0.006-0.004-44%0.002-418%0.001-1072%0.001-1072%
Usd Free Cash Flow To Equity Per Share---0.004-0.004-1%0.002-369%0.000-89%0.000-89%
Usd Market Cap518463185.772+2%506186007.007309224531.462+64%74203296.244+582%97458830.844+419%97458830.844+419%
Usd Price Per Share1.259+54%0.5780.353+64%0.085+582%0.111+420%0.111+420%
Usd Profit--91246800.00018569100.000+391%-7687200.000+108%1168454.520+7709%1168454.520+7709%
Usd Revenue--166028400.000111043200.000+50%48959700.000+239%47977208.640+246%47977208.640+246%
Usd Total Gains Per Share--0.1860.070+167%0.011+1628%0.021+782%0.021+782%
 EOD+5 -3MRQTTM+24 -8YOY+22 -105Y+22 -1110Y+22 -11

3.2. Fundamental Score

Let's check the fundamental score of Empresa Distribuidora y Comercializadora Norte S.A. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.021
Price to Book Ratio (EOD)Between0-12.981
Net Profit Margin (MRQ)Greater than00.550
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.449
Current Ratio (MRQ)Greater than10.934
Debt to Asset Ratio (MRQ)Less than10.695
Debt to Equity Ratio (MRQ)Less than12.281
Return on Equity (MRQ)Greater than0.150.247
Return on Assets (MRQ)Greater than0.050.075
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Empresa Distribuidora y Comercializadora Norte S.A. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.873
Ma 20Greater thanMa 501,192.318
Ma 50Greater thanMa 1001,084.595
Ma 100Greater thanMa 200822.209
OpenGreater thanClose1,120.000
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Operating Income  -8,522,000-6,167,000-14,689,0003,153,000-11,536,000-5,145,000-16,681,00017,298,000617,000



Latest Balance Sheet

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

Summary
Total Assets1,011,454,000
Total Liabilities703,221,000
Total Stockholder Equity308,233,000
 As reported
Total Liabilities 703,221,000
Total Stockholder Equity+ 308,233,000
Total Assets = 1,011,454,000

Assets

Total Assets1,011,454,000
Total Current Assets181,595,000
Long-term Assets829,859,000
Total Current Assets
Cash And Cash Equivalents 7,730,000
Short-term Investments 52,298,000
Net Receivables 34,959,000
Inventory 21,150,000
Total Current Assets  (as reported)181,595,000
Total Current Assets  (calculated)116,137,000
+/- 65,458,000
Long-term Assets
Property Plant Equipment 829,807,000
Long Term Investments 49,000
Long-term Assets  (as reported)829,859,000
Long-term Assets  (calculated)829,856,000
+/- 3,000

Liabilities & Shareholders' Equity

Total Current Liabilities194,444,000
Long-term Liabilities508,777,000
Total Stockholder Equity308,233,000
Total Current Liabilities
Short Long Term Debt 1,633,000
Accounts payable 108,412,000
Total Current Liabilities  (as reported)194,444,000
Total Current Liabilities  (calculated)110,045,000
+/- 84,399,000
Long-term Liabilities
Long term Debt 40,325,000
Capital Lease Obligations Min Short Term Debt996,000
Long-term Liabilities  (as reported)508,777,000
Long-term Liabilities  (calculated)41,321,000
+/- 467,456,000
Total Stockholder Equity
Total Stockholder Equity (as reported)308,233,000
Total Stockholder Equity (calculated)0
+/- 308,233,000
Other
Capital Stock222,662,000
Common Stock Shares Outstanding 875,603
Net Debt 34,228,000
Net Invested Capital 350,191,000
Net Working Capital -12,849,000
Property Plant and Equipment Gross 1,294,598,000



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
76,992,178
88,488,142
97,147,968
110,359,524
119,472,609
130,749,446
138,784,221
155,519,368
148,796,000
169,251,000
192,893,000
216,728,000
237,823,000
273,964,000
325,529,000
400,268,000
480,131,000
600,270,000
757,515,000
1,011,454,000
1,011,454,000757,515,000600,270,000480,131,000400,268,000325,529,000273,964,000237,823,000216,728,000192,893,000169,251,000148,796,000155,519,368138,784,221130,749,446119,472,609110,359,52497,147,96888,488,14276,992,178
   > Total Current Assets 
13,707,750
16,318,165
17,003,517
20,072,167
17,876,094
21,516,263
22,143,436
28,225,607
23,310,000
26,919,000
33,689,000
41,245,000
42,003,000
46,721,000
56,142,000
70,026,000
83,460,000
83,265,000
149,208,000
181,595,000
181,595,000149,208,00083,265,00083,460,00070,026,00056,142,00046,721,00042,003,00041,245,00033,689,00026,919,00023,310,00028,225,60722,143,43621,516,26317,876,09420,072,16717,003,51716,318,16513,707,750
       Cash And Cash Equivalents 
27,608
70,230
1,138,684
215,194
409,642
2,540,141
5,678,533
9,002,111
4,362,000
6,898,000
8,557,000
8,769,000
3,172,000
5,456,000
3,847,000
7,137,000
1,630,000
7,067,000
4,319,000
7,730,000
7,730,0004,319,0007,067,0001,630,0007,137,0003,847,0005,456,0003,172,0008,769,0008,557,0006,898,0004,362,0009,002,1115,678,5332,540,141409,642215,1941,138,68470,23027,608
       Short-term Investments 
1,208,770
3,313,519
2,154,344
2,941,217
2,789,831
1,931,053
0
0
78,000
2,691,000
4,841,000
9,204,000
15,694,000
16,080,000
21,721,000
23,884,000
28,701,000
30,404,000
37,789,000
52,298,000
52,298,00037,789,00030,404,00028,701,00023,884,00021,721,00016,080,00015,694,0009,204,0004,841,0002,691,00078,000001,931,0532,789,8312,941,2172,154,3443,313,5191,208,770
       Net Receivables 
7,694,394
5,249,359
5,447,097
7,415,624
12,640,754
15,130,640
14,223,469
16,790,925
14,542,000
15,040,000
17,418,000
20,164,000
19,012,000
20,396,000
25,077,000
30,120,000
38,250,000
57,799,000
80,937,000
34,959,000
34,959,00080,937,00057,799,00038,250,00030,120,00025,077,00020,396,00019,012,00020,164,00017,418,00015,040,00014,542,00016,790,92514,223,46915,130,64012,640,7547,415,6245,447,0975,249,3597,694,394
       Inventory 
1,259,799
1,817,896
1,686,529
1,808,160
1,926,863
1,792,789
1,969,239
1,807,274
1,873,000
2,082,000
2,587,000
2,790,000
3,441,000
3,034,000
3,966,000
4,875,000
6,438,000
9,276,000
14,044,000
21,150,000
21,150,00014,044,0009,276,0006,438,0004,875,0003,966,0003,034,0003,441,0002,790,0002,587,0002,082,0001,873,0001,807,2741,969,2391,792,7891,926,8631,808,1601,686,5291,817,8961,259,799
       Other Current Assets 
130,317
101,060
144,293
101,019
93,800
101,944
209,676
570,258
190,000
167,000
157,000
171,000
476,000
1,010,000
1,370,000
2,404,000
3,766,000
2,402,000
2,287,000
0
02,287,0002,402,0003,766,0002,404,0001,370,0001,010,000476,000171,000157,000167,000190,000570,258209,676101,94493,800101,019144,293101,060130,317
   > Long-term Assets 
0
72,169,977
80,144,451
90,287,357
101,596,515
109,233,183
116,640,785
127,293,761
125,486,000
142,332,000
159,204,000
175,483,000
195,820,000
227,243,000
269,387,000
330,242,000
396,671,000
486,601,000
608,307,000
829,859,000
829,859,000608,307,000486,601,000396,671,000330,242,000269,387,000227,243,000195,820,000175,483,000159,204,000142,332,000125,486,000127,293,761116,640,785109,233,183101,596,51590,287,35780,144,45172,169,9770
       Property Plant Equipment 
62,474,843
71,361,406
79,337,009
90,248,278
101,559,335
109,198,219
116,587,457
127,263,935
125,194,000
142,128,000
159,072,000
175,462,000
195,799,000
227,225,000
269,365,000
330,220,000
396,647,000
485,794,000
608,267,000
829,807,000
829,807,000608,267,000485,794,000396,647,000330,220,000269,365,000227,225,000195,799,000175,462,000159,072,000142,128,000125,194,000127,263,935116,587,457109,198,219101,559,33590,248,27879,337,00971,361,40662,474,843
       Long Term Investments 
8,844
9,885
10,212
10,212
11,152
11,152
10,574
10,574
250,000
171,000
88,000
8,000
14,000
14,000
19,000
19,000
21,000
26,000
37,000
49,000
49,00037,00026,00021,00019,00019,00014,00014,0008,00088,000171,000250,00010,57410,57411,15211,15210,21210,2129,8858,844
       Long-term Assets Other 
0
305,862
80,144,451
90,287,357
101,596,515
-1,000
0
0
0
0
0
0
0
0
0
22,000
0
0
0
0
000022,000000000000-1,000101,596,51590,287,35780,144,451305,8620
> Total Liabilities 
46,023,206
54,101,174
48,882,158
55,863,104
60,321,760
66,449,464
73,323,711
84,697,764
85,898,000
98,872,000
125,759,000
143,920,000
164,129,000
191,226,000
234,921,000
295,980,000
354,465,000
457,256,000
585,290,000
703,221,000
703,221,000585,290,000457,256,000354,465,000295,980,000234,921,000191,226,000164,129,000143,920,000125,759,00098,872,00085,898,00084,697,76473,323,71166,449,46460,321,76055,863,10448,882,15854,101,17446,023,206
   > Total Current Liabilities 
20,978,647
24,877,555
22,092,072
22,741,621
24,583,000
26,492,822
30,553,920
41,107,560
42,168,000
49,663,000
61,026,000
73,240,000
97,516,000
111,724,000
134,828,000
168,252,000
198,751,000
260,395,000
333,466,000
194,444,000
194,444,000333,466,000260,395,000198,751,000168,252,000134,828,000111,724,00097,516,00073,240,00061,026,00049,663,00042,168,00041,107,56030,553,92026,492,82224,583,00022,741,62122,092,07224,877,55520,978,647
       Short-term Debt 
1,077,453
1,442,052
1,205,371
1,898,471
1,659,236
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,659,2361,898,4711,205,3711,442,0521,077,453
       Short Long Term Debt 
1,077,453
1,442,052
1,205,371
1,898,471
1,659,236
2,022,631
1,058,691
1,290,798
143,000
376,000
163,000
404,000
10,262,000
11,334,000
3,429,000
4,084,000
184,000
1,056,000
469,000
1,633,000
1,633,000469,0001,056,000184,0004,084,0003,429,00011,334,00010,262,000404,000163,000376,000143,0001,290,7981,058,6912,022,6311,659,2361,898,4711,205,3711,442,0521,077,453
       Accounts payable 
6,514,159
18,623,297
13,121,173
12,569,366
7,409,208
10,600,998
14,871,887
25,362,858
25,944,000
31,329,000
40,754,000
46,740,000
66,160,000
75,804,000
98,717,000
125,943,000
155,602,000
196,782,000
267,562,000
108,412,000
108,412,000267,562,000196,782,000155,602,000125,943,00098,717,00075,804,00066,160,00046,740,00040,754,00031,329,00025,944,00025,362,85814,871,88710,600,9987,409,20812,569,36613,121,17318,623,2976,514,159
       Other Current Liabilities 
10,917,612
2,496
865
2,506
11,253,432
10,117,469
10,800,718
10,547,727
10,304,000
13,138,000
15,120,000
19,528,000
15,641,000
19,852,000
27,028,000
30,330,000
31,770,000
52,832,000
53,789,000
0
053,789,00052,832,00031,770,00030,330,00027,028,00019,852,00015,641,00019,528,00015,120,00013,138,00010,304,00010,547,72710,800,71810,117,46911,253,4322,5068652,49610,917,612
   > Long-term Liabilities 
0
29,223,619
26,790,086
33,121,483
35,738,760
39,956,642
42,769,791
43,590,204
44,052,000
49,209,000
64,733,000
70,680,000
66,613,000
79,502,000
100,093,000
127,728,000
155,714,000
196,861,000
251,824,000
508,777,000
508,777,000251,824,000196,861,000155,714,000127,728,000100,093,00079,502,00066,613,00070,680,00064,733,00049,209,00044,052,00043,590,20442,769,79139,956,64235,738,76033,121,48326,790,08629,223,6190
       Capital Lease Obligations 
0
158,579
86,148
120,633
134,177
214,543
352,000
388,983
356,000
312,000
415,000
405,000
347,000
388,000
692,000
605,000
497,000
437,000
532,000
996,000
996,000532,000437,000497,000605,000692,000388,000347,000405,000415,000312,000356,000388,983352,000214,543134,177120,63386,148158,5790
       Long-term Liabilities Other 
0
147,284
2,000
1,000
0
1,000
0
1,000
322,000
0
0
0
0
0
0
127,113,000
0
2,433,000
0
0
002,433,0000127,113,000000000322,0001,00001,00001,0002,000147,2840
> Total Stockholder Equity
30,968,972
34,386,968
48,265,810
54,496,420
59,150,849
64,299,982
65,460,510
70,821,604
62,898,000
70,379,000
67,134,000
72,808,000
73,694,000
82,738,000
90,608,000
-46,637,000
125,666,000
143,014,000
172,225,000
308,233,000
308,233,000172,225,000143,014,000125,666,000-46,637,00090,608,00082,738,00073,694,00072,808,00067,134,00070,379,00062,898,00070,821,60465,460,51064,299,98259,150,84954,496,42048,265,81034,386,96830,968,972
   Common Stock
883,342
877,128
875,074
875,074
875,074
875,074
875,074
875,074
875,000
875,000
875,000
875,000
875,000
875,000
875,000
875,000
875,000
0
875,000
0
0875,0000875,000875,000875,000875,000875,000875,000875,000875,000875,000875,074875,074875,074875,074875,074875,074877,128883,342
   Retained Earnings 
13,736,429
14,905,019
10,828,087
12,425,405
33,256,647
36,466,918
36,018,087
39,013,396
27,573,000
30,484,000
22,893,000
24,423,000
20,259,000
20,702,000
17,758,000
15,538,000
21,995,000
-81,839,000
15,991,000
-67,033,000
-67,033,00015,991,000-81,839,00021,995,00015,538,00017,758,00020,702,00020,259,00024,423,00022,893,00030,484,00027,573,00039,013,39636,018,08736,466,91833,256,64712,425,40510,828,08714,905,01913,736,429
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
17,177,364
19,311,130
21,236,650
23,972,846
26,891,745
28,970,821
30,696,566
33,233,440
36,999,000
41,899,000
46,553,000
50,996,000
56,401,000
65,621,000
77,205,000
94,246,000
110,269,000
0
166,599,000
0
0166,599,0000110,269,00094,246,00077,205,00065,621,00056,401,00050,996,00046,553,00041,899,00036,999,00033,233,44030,696,56628,970,82126,891,74523,972,84621,236,65019,311,13017,177,364



Balance Sheet

Currency in ARS. All numbers in thousands.




Cash Flow

Currency in ARS. All numbers in thousands.




Income Statement

Currency in ARS. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue261,072,000
Cost of Revenue-245,534,000
Gross Profit15,538,00015,538,000
 
Operating Income (+$)
Gross Profit15,538,000
Operating Expense-282,106,000
Operating Income-21,034,000-266,568,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative32,142,000
Selling And Marketing Expenses-
Operating Expense282,106,00032,142,000
 
Net Interest Income (+$)
Interest Income55,000
Interest Expense-135,696,000
Other Finance Cost-6,102,000
Net Interest Income-141,743,000
 
Pretax Income (+$)
Operating Income-21,034,000
Net Interest Income-141,743,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)152,678,000-336,489,000
EBIT - interestExpense = -135,696,000
78,592,000
214,288,000
Interest Expense135,696,000
Earnings Before Interest and Taxes (EBIT)-288,374,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax152,678,000
Tax Provision-74,086,000
Net Income From Continuing Ops78,592,00078,592,000
Net Income78,592,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net315,455,000141,743,000
 

Technical Analysis of Empresa Distribuidora y Comercializadora Norte S.A.
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 Empresa Distribuidora y Comercializadora Norte S.A.. The general trend of Empresa Distribuidora y Comercializadora Norte S.A. is BULLISH with 57.1% 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 Empresa Distribuidora y Comercializadora Norte S.A.'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 (57.1%) Bearish trend (-57.1%)
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 Empresa Distribuidora y Comercializadora Norte S.A..

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,320 < 1,410.

The bearish price targets are: 1,027 > 875.00 > 620.00.

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Empresa Distribuidora y Comercializadora Norte S.A. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Empresa Distribuidora y Comercializadora Norte S.A.. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-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 below 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

Empresa Distribuidora y Comercializadora Norte S.A. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Empresa Distribuidora y Comercializadora Norte S.A.. The current macd is -6.64826272.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Empresa Distribuidora y Comercializadora Norte S.A. price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Empresa Distribuidora y Comercializadora Norte S.A.. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Empresa Distribuidora y Comercializadora Norte S.A. price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
Empresa Distribuidora y Comercializadora Norte S.A. Daily Moving Average Convergence/Divergence (MACD) ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Empresa Distribuidora y Comercializadora Norte S.A.. The current adx is 28.45.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Empresa Distribuidora y Comercializadora Norte S.A. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Empresa Distribuidora y Comercializadora Norte S.A. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Empresa Distribuidora y Comercializadora Norte S.A.. The current sar is 1,223.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Empresa Distribuidora y Comercializadora Norte S.A. Daily Parabolic SAR Chart
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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 Empresa Distribuidora y Comercializadora Norte S.A.. The current rsi is 41.87. The current phase is Correction 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 -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Empresa Distribuidora y Comercializadora Norte S.A. Daily Relative Strength Index (RSI) ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Empresa Distribuidora y Comercializadora Norte S.A.. The current phase is Oversold in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Empresa Distribuidora y Comercializadora Norte S.A. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Empresa Distribuidora y Comercializadora Norte S.A. Daily Stochastic Oscillator ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Empresa Distribuidora y Comercializadora Norte S.A.. The current cci is -96.27420907.

Empresa Distribuidora y Comercializadora Norte S.A. Daily Commodity Channel Index (CCI) ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Empresa Distribuidora y Comercializadora Norte S.A.. The current cmo is -28.39812029.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Empresa Distribuidora y Comercializadora Norte S.A. Daily Chande Momentum Oscillator (CMO) ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Empresa Distribuidora y Comercializadora Norte S.A.. The current willr is -92.35364397.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Empresa Distribuidora y Comercializadora Norte S.A. Daily Williams %R ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Williams %R Chart
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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 Empresa Distribuidora y Comercializadora Norte S.A..

Empresa Distribuidora y Comercializadora Norte S.A. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Empresa Distribuidora y Comercializadora Norte S.A.. The current atr is 84.51.

Empresa Distribuidora y Comercializadora Norte S.A. Daily Average True Range (ATR) ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Average True Range (ATR) Chart
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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 Empresa Distribuidora y Comercializadora Norte S.A.. The current obv is 31,702,119.

Empresa Distribuidora y Comercializadora Norte S.A. Daily On-Balance Volume (OBV) ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Empresa Distribuidora y Comercializadora Norte S.A.. The current mfi is 22.37.

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

  • MFI < 50: -1
Empresa Distribuidora y Comercializadora Norte S.A. Daily Money Flow Index (MFI) ChartEmpresa Distribuidora y Comercializadora Norte S.A. Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Empresa Distribuidora y Comercializadora Norte S.A..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-09-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-09-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-09-28MACD 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.
2023-09-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-06MACD 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-10-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-24DMI 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
2023-10-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-30ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-18MACD 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Empresa Distribuidora y Comercializadora Norte S.A. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Empresa Distribuidora y Comercializadora Norte S.A. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.873
Ma 20Greater thanMa 501,192.318
Ma 50Greater thanMa 1001,084.595
Ma 100Greater thanMa 200822.209
OpenGreater thanClose1,120.000
Total4/5 (80.0%)
Penke

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