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Edesa Holding SA
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Let's analyse Edesa Holding SA together

PenkeI guess you are interested in Edesa Holding SA. 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 Edesa Holding SA. 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 Edesa Holding SA (30 sec.)










What can you expect buying and holding a share of Edesa Holding SA? (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
ARS2,360.73
Expected worth in 1 year
ARS3,618.33
How sure are you?
92.3%

+ What do you gain per year?

Total Gains per Share
ARS1,257.60
Return On Investment
267.6%

For what price can you sell your share?

Current Price per Share
ARS470.00
Expected price per share
ARS470.00 - ARS470.00
How sure are you?
50%
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1. Valuation of Edesa Holding SA (5 min.)




Live pricePrice per Share (EOD)

ARS470.00

Intrinsic Value Per Share

ARS2,415.18 - ARS2,886.15

Total Value Per Share

ARS4,775.91 - ARS5,246.88

2. Growth of Edesa Holding SA (5 min.)




Is Edesa Holding SA growing?

Current yearPrevious yearGrowGrow %
How rich?$64.8m$24.3m$28m53.6%

How much money is Edesa Holding SA making?

Current yearPrevious yearGrowGrow %
Making money-$2.1m$1m-$3.2m-148.0%
Net Profit Margin-12.5%15.9%--

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

3. Financial Health of Edesa Holding SA (5 min.)




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

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

What can you expect buying and holding a share of Edesa Holding SA?

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

Speculation

The Price per Share of Edesa Holding SA is ARS470.00. 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 Edesa Holding SA.
  • 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 Edesa Holding SA, 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 ARS2,360.73. Based on the TTM, the Book Value Change Per Share is ARS314.40 per quarter. Based on the YOY, the Book Value Change Per Share is ARS131.59 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 Edesa Holding SA.

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 Eps-0.60-0.1%-0.100.0%0.050.0%-0.020.0%-0.020.0%
Usd Book Value Change Per Share0.200.0%0.380.1%0.160.0%0.220.0%0.220.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.200.0%0.380.1%0.160.0%0.220.0%0.220.0%
Usd Price Per Share0.58-0.46-0.11-0.21-0.21-
Price to Earnings Ratio-0.24-1.94-0.90-0.59-0.59-
Price-to-Total Gains Ratio2.84-1.45-0.95-0.84-0.84-
Price to Book Ratio0.20-0.20-0.10-0.14-0.14-
Price-to-Total Gains Ratio2.84-1.45-0.95-0.84-0.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.564
Number of shares1773
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.380.22
Usd Total Gains Per Share0.380.22
Gains per Quarter (1773 shares)668.92386.36
Gains per Year (1773 shares)2,675.661,545.45
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1026762666015451535
2053515342030913080
3080278018046364625
401070310694061826170
501337813370077277715
601605416046092739260
70187301872201081810805
80214052139801236412350
90240812407401390913895
100267572675001545415440

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 Share3.01.00.075.0%10.02.00.083.3%10.03.00.076.9%10.03.00.076.9%10.03.00.076.9%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%12.01.00.092.3%12.01.00.092.3%12.01.00.092.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.013.00.0%0.00.013.00.0%0.00.013.00.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%12.01.00.092.3%12.01.00.092.3%12.01.00.092.3%
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Fundamentals of Edesa Holding SA

About Edesa Holding SA

EDESA Holding S.A., through its subsidiaries, engages in the generation, distribution, and marketing of electricity in the province of Salta, Argentina. It generates electricity through wind, solar, and biomass energy. The company was incorporated in 2012 and is headquartered in Buenos Aires, Argentina. EDESA Holding S.A. is a subsidiary of Salta Inversiones Eléctricas S.A.

Fundamental data was last updated by Penke on 2024-02-17 10:00:05.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Edesa Holding SA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Edesa Holding SA earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Edesa Holding SA to the Utilities - Regulated Electric industry mean.
  • A Net Profit Margin of -88.4% means that $-0.88 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Edesa Holding SA:

  • The MRQ is -88.4%. The company is making a huge loss. -2
  • The TTM is -12.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-88.4%TTM-12.5%-75.9%
TTM-12.5%YOY15.9%-28.4%
TTM-12.5%5Y-0.7%-11.8%
5Y-0.7%10Y-0.7%0.0%
1.1.2. Return on Assets

Shows how efficient Edesa Holding SA is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Edesa Holding SA to the Utilities - Regulated Electric industry mean.
  • -8.2% Return on Assets means that Edesa Holding SA generated $-0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Edesa Holding SA:

  • The MRQ is -8.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-8.2%TTM-0.7%-7.5%
TTM-0.7%YOY2.1%-2.8%
TTM-0.7%5Y0.3%-1.0%
5Y0.3%10Y0.3%0.0%
1.1.3. Return on Equity

Shows how efficient Edesa Holding SA is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Edesa Holding SA to the Utilities - Regulated Electric industry mean.
  • -23.5% Return on Equity means Edesa Holding SA generated $-0.23 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Edesa Holding SA:

  • The MRQ is -23.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -2.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-23.5%TTM-2.7%-20.8%
TTM-2.7%YOY5.2%-7.9%
TTM-2.7%5Y0.3%-3.0%
5Y0.3%10Y0.3%0.0%
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1.2. Operating Efficiency of Edesa Holding SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Edesa Holding SA is operating .

  • Measures how much profit Edesa Holding SA 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 Edesa Holding SA 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 Edesa Holding SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y0.6%-0.6%
5Y0.6%10Y0.6%0.0%
1.2.2. Operating Ratio

Measures how efficient Edesa Holding SA is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • An Operation Ratio of 2.14 means that the operating costs are $2.14 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Edesa Holding SA:

  • The MRQ is 2.143. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.952. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.143TTM1.952+0.191
TTM1.952YOY1.516+0.436
TTM1.9525Y1.717+0.235
5Y1.71710Y1.7170.000
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1.3. Liquidity of Edesa Holding SA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Edesa Holding SA 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 0.61 means the company has $0.61 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Edesa Holding SA:

  • The MRQ is 0.614. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.563. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.614TTM0.563+0.051
TTM0.563YOY0.566-0.002
TTM0.5635Y0.623-0.060
5Y0.62310Y0.6230.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Edesa Holding SA to the Utilities - Regulated Electric industry mean.
  • A Quick Ratio of 0.18 means the company can pay off $0.18 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Edesa Holding SA:

  • The MRQ is 0.179. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.198. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.179TTM0.198-0.018
TTM0.198YOY0.266-0.068
TTM0.1985Y0.314-0.116
5Y0.31410Y0.3140.000
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1.4. Solvency of Edesa Holding SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Edesa Holding SA assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Edesa Holding SA to Utilities - Regulated Electric industry mean.
  • A Debt to Asset Ratio of 0.61 means that Edesa Holding SA assets are financed with 61.3% credit (debt) and the remaining percentage (100% - 61.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Edesa Holding SA:

  • The MRQ is 0.613. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.543. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.613TTM0.543+0.070
TTM0.543YOY0.547-0.004
TTM0.5435Y0.556-0.013
5Y0.55610Y0.5560.000
1.4.2. Debt to Equity Ratio

Measures if Edesa Holding SA is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Edesa Holding SA to the Utilities - Regulated Electric industry mean.
  • A Debt to Equity ratio of 175.1% means that company has $1.75 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Edesa Holding SA:

  • The MRQ is 1.751. The company is just able to pay all its debts with equity.
  • The TTM is 1.337. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.751TTM1.337+0.414
TTM1.337YOY1.338-0.001
TTM1.3375Y1.397-0.060
5Y1.39710Y1.3970.000
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2. Market Valuation of Edesa Holding SA

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 Edesa Holding SA generates.

  • Above 15 is considered overpriced but always compare Edesa Holding SA to the Utilities - Regulated Electric industry mean.
  • A PE ratio of -0.24 means the investor is paying $-0.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Edesa Holding SA:

  • The EOD is -0.234. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.240. Based on the earnings, the company is expensive. -2
  • The TTM is 1.937. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-0.234MRQ-0.240+0.006
MRQ-0.240TTM1.937-2.177
TTM1.937YOY0.896+1.041
TTM1.9375Y0.588+1.349
5Y0.58810Y0.5880.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Edesa Holding SA:

  • The EOD is 2.817. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.889. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.543. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.817MRQ2.889-0.072
MRQ2.889TTM1.543+1.346
TTM1.543YOY1.713-0.170
TTM1.5435Y0.671+0.872
5Y0.67110Y0.6710.000
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Edesa Holding SA 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 0.20 means the investor is paying $0.20 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Edesa Holding SA:

  • The EOD is 0.199. Based on the equity, the company is cheap. +2
  • The MRQ is 0.204. Based on the equity, the company is cheap. +2
  • The TTM is 0.200. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.199MRQ0.204-0.005
MRQ0.204TTM0.200+0.004
TTM0.200YOY0.104+0.095
TTM0.2005Y0.144+0.056
5Y0.14410Y0.1440.000
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Edesa Holding SA 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--169.751314.399-46%131.587+29%181.595-7%181.595-7%
Book Value Per Share--2360.7341905.141+24%884.763+167%1050.730+125%1050.730+125%
Current Ratio--0.6140.563+9%0.566+9%0.623-1%0.623-1%
Debt To Asset Ratio--0.6130.543+13%0.547+12%0.556+10%0.556+10%
Debt To Equity Ratio--1.7511.337+31%1.338+31%1.397+25%1.397+25%
Dividend Per Share----0%-0%-0%-0%
Eps---501.443-79.268-84%38.050-1418%-14.687-97%-14.687-97%
Free Cash Flow Per Share--41.7169.759+327%19.327+116%12.459+235%12.459+235%
Free Cash Flow To Equity Per Share--41.7169.759+327%19.327+116%11.350+268%11.350+268%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2886.147--------
Intrinsic Value_10Y_min--2415.176--------
Intrinsic Value_1Y_max--88.546--------
Intrinsic Value_1Y_min--86.856--------
Intrinsic Value_3Y_max--418.976--------
Intrinsic Value_3Y_min--396.902--------
Intrinsic Value_5Y_max--933.783--------
Intrinsic Value_5Y_min--853.551--------
Market Cap10757407000.000-3%11032064200.0008817640525.000+25%2128593300.000+418%3942035069.231+180%3942035069.231+180%
Net Profit Margin---0.884-0.125-86%0.159-657%-0.007-99%-0.007-99%
Operating Margin----0%-0%0.006-100%0.006-100%
Operating Ratio--2.1431.952+10%1.516+41%1.717+25%1.717+25%
Pb Ratio0.199-3%0.2040.200+2%0.104+95%0.144+42%0.144+42%
Pe Ratio-0.234+2%-0.2401.937-112%0.896-127%0.588-141%0.588-141%
Price Per Share470.000-3%482.000385.250+25%93.000+418%172.231+180%172.231+180%
Price To Free Cash Flow Ratio2.817-3%2.8891.543+87%1.713+69%0.671+330%0.671+330%
Price To Total Gains Ratio2.769-3%2.8391.455+95%0.950+199%0.843+237%0.843+237%
Quick Ratio--0.1790.198-9%0.266-32%0.314-43%0.314-43%
Return On Assets---0.082-0.007-92%0.021-490%0.003-3019%0.003-3019%
Return On Equity---0.235-0.027-88%0.052-554%0.003-9279%0.003-9279%
Total Gains Per Share--169.751314.399-46%131.587+29%181.595-7%181.595-7%
Usd Book Value--64839247.20052326063.600+24%24300648.900+167%28859050.892+125%28859050.892+125%
Usd Book Value Change Per Share--0.2040.377-46%0.158+29%0.218-7%0.218-7%
Usd Book Value Per Share--2.8332.286+24%1.062+167%1.261+125%1.261+125%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.602-0.095-84%0.046-1418%-0.018-97%-0.018-97%
Usd Free Cash Flow--1145749.200268050.300+327%530817.600+116%342195.785+235%342195.785+235%
Usd Free Cash Flow Per Share--0.0500.012+327%0.023+116%0.015+235%0.015+235%
Usd Free Cash Flow To Equity Per Share--0.0500.012+327%0.023+116%0.014+268%0.014+268%
Usd Market Cap12908888.400-3%13238477.04010581168.630+25%2554311.960+418%4730442.083+180%4730442.083+180%
Usd Price Per Share0.564-3%0.5780.462+25%0.112+418%0.207+180%0.207+180%
Usd Profit---13772493.600-2177155.500-84%1045063.800-1418%-403395.785-97%-403395.785-97%
Usd Revenue--15581320.80013420919.400+16%6772008.000+130%7613989.569+105%7613989.569+105%
Usd Total Gains Per Share--0.2040.377-46%0.158+29%0.218-7%0.218-7%
 EOD+3 -5MRQTTM+15 -17YOY+19 -135Y+14 -1910Y+14 -19

3.2. Fundamental Score

Let's check the fundamental score of Edesa Holding SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.234
Price to Book Ratio (EOD)Between0-10.199
Net Profit Margin (MRQ)Greater than0-0.884
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.179
Current Ratio (MRQ)Greater than10.614
Debt to Asset Ratio (MRQ)Less than10.613
Debt to Equity Ratio (MRQ)Less than11.751
Return on Equity (MRQ)Greater than0.15-0.235
Return on Assets (MRQ)Greater than0.05-0.082
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Edesa Holding SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5088.305
Ma 20Greater thanMa 50470.000
Ma 50Greater thanMa 100469.800
Ma 100Greater thanMa 200464.820
OpenGreater thanClose470.000
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
Retained Earnings  2,717,2512,340,7065,057,9571,541,5786,599,535-4,549,1142,050,421-10,768,571-8,718,150
Minority Interest  -38,342-211,503-249,845200,702-49,143-103,231-152,3741,389,3101,236,936
Net Income  362,4711,970,0922,332,563-1,869,567462,996961,3381,424,334-12,901,412-11,477,078
Net Interest Income  903,434-114,174789,2601,273,1242,062,384-1,674,498387,886-4,773,846-4,385,960
Net Income from Continuing Operations  400,8132,181,5952,582,408-2,070,269512,1391,064,5691,576,708-14,290,722-12,714,014



Latest Balance Sheet

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

Summary
Total Assets139,534,726
Total Liabilities85,502,020
Total Stockholder Equity48,840,516
 As reported
Total Liabilities 85,502,020
Total Stockholder Equity+ 48,840,516
Total Assets = 139,534,726

Assets

Total Assets139,534,726
Total Current Assets17,752,795
Long-term Assets121,781,931
Total Current Assets
Cash And Cash Equivalents 550,687
Net Receivables 5,186,961
Inventory 583,063
Total Current Assets  (as reported)17,752,795
Total Current Assets  (calculated)6,320,711
+/- 11,432,084
Long-term Assets
Property Plant Equipment 119,951,066
Intangible Assets 804,417
Long-term Assets  (as reported)121,781,931
Long-term Assets  (calculated)120,755,483
+/- 1,026,448

Liabilities & Shareholders' Equity

Total Current Liabilities28,907,416
Long-term Liabilities56,594,604
Total Stockholder Equity48,840,516
Total Current Liabilities
Short Long Term Debt 257,792
Accounts payable 19,833,095
Other Current Liabilities 943,746
Total Current Liabilities  (as reported)28,907,416
Total Current Liabilities  (calculated)21,034,633
+/- 7,872,783
Long-term Liabilities
Long term Debt 10,458,864
Capital Lease Obligations Min Short Term Debt579,670
Long-term Liabilities Other 1,205,417
Long-term Liabilities  (as reported)56,594,604
Long-term Liabilities  (calculated)12,243,951
+/- 44,350,653
Total Stockholder Equity
Total Stockholder Equity (as reported)48,840,516
Total Stockholder Equity (calculated)0
+/- 48,840,516
Other
Capital Stock22,888
Common Stock Shares Outstanding 22,888
Net Debt 10,165,969
Net Invested Capital 59,557,172
Net Working Capital -11,154,621
Property Plant and Equipment Gross 131,118,141



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-31
> Total Assets 
0
0
21,362,720
23,871,026
27,134,622
29,941,514
32,388,757
36,326,207
42,501,685
44,358,353
55,614,193
66,723,049
81,236,506
102,075,479
139,534,726
139,534,726102,075,47981,236,50666,723,04955,614,19344,358,35342,501,68536,326,20732,388,75729,941,51427,134,62223,871,02621,362,72000
   > Total Current Assets 
2,937,637
3,100,260
3,260,346
3,425,429
4,099,431
3,908,098
3,812,406
4,000,348
4,707,592
5,466,729
6,358,967
8,415,958
10,344,285
13,036,101
17,752,795
17,752,79513,036,10110,344,2858,415,9586,358,9675,466,7294,707,5924,000,3483,812,4063,908,0984,099,4313,425,4293,260,3463,100,2602,937,637
       Cash And Cash Equivalents 
0
0
201,109
307,680
500,221
172,338
201,323
92,482
65,217
157,965
223,641
180,571
238,914
348,964
550,687
550,687348,964238,914180,571223,641157,96565,21792,482201,323172,338500,221307,680201,10900
       Net Receivables 
2,604,972
2,610,061
2,666,531
2,859,738
1,908,545
2,035,245
1,941,462
2,007,441
2,254,687
2,392,498
2,797,374
3,840,833
2,752,491
5,130,332
5,186,961
5,186,9615,130,3322,752,4913,840,8332,797,3742,392,4982,254,6872,007,4411,941,4622,035,2451,908,5452,859,7382,666,5312,610,0612,604,972
       Inventory 
45,015
48,894
82,983
91,093
102,954
114,011
123,740
190,903
294,945
440,477
579,872
363,686
382,520
491,731
583,063
583,063491,731382,520363,686579,872440,477294,945190,903123,740114,011102,95491,09382,98348,89445,015
       Other Current Assets 
49,432
55,292
21,913
18,174
0
0
0
0
0
0
0
0
0
0
0
0000000000018,17421,91355,29249,432
   > Long-term Assets 
0
0
18,102,374
20,445,597
23,035,191
26,033,416
28,576,351
32,325,859
37,794,093
38,891,624
49,255,226
58,307,091
70,892,221
89,039,378
121,781,931
121,781,93189,039,37870,892,22158,307,09149,255,22638,891,62437,794,09332,325,85928,576,35126,033,41623,035,19120,445,59718,102,37400
       Property Plant Equipment 
15,600,984
16,593,426
17,914,862
20,007,896
0
0
0
0
0
0
47,750,610
56,835,828
69,213,447
87,562,069
119,951,066
119,951,06687,562,06969,213,44756,835,82847,750,61000000020,007,89617,914,86216,593,42615,600,984
       Intangible Assets 
0
0
72,744
90,440
101,394
282,433
113,008
296,289
312,935
338,912
414,161
460,320
503,540
601,297
804,417
804,417601,297503,540460,320414,161338,912312,935296,289113,008282,433101,39490,44072,74400
> Total Liabilities 
0
0
11,884,390
13,236,263
14,832,985
18,340,487
19,187,171
20,094,146
23,199,347
24,139,283
30,365,499
35,167,939
42,551,546
51,928,043
85,502,020
85,502,02051,928,04342,551,54635,167,93930,365,49924,139,28323,199,34720,094,14619,187,17118,340,48714,832,98513,236,26311,884,39000
   > Total Current Liabilities 
4,428,686
6,701,921
7,192,461
3,786,868
4,518,244
5,447,729
6,331,066
5,943,775
6,928,429
11,419,099
14,741,131
18,657,088
21,640,351
18,372,451
28,907,416
28,907,41618,372,45121,640,35118,657,08814,741,13111,419,0996,928,4295,943,7756,331,0665,447,7294,518,2443,786,8687,192,4616,701,9214,428,686
       Short Long Term Debt 
0
0
2,786,091
494,105
737,849
698,555
757,746
862,388
1,092,353
3,262,092
3,386,785
4,540,179
4,005,510
286,828
257,792
257,792286,8284,005,5104,540,1793,386,7853,262,0921,092,353862,388757,746698,555737,849494,1052,786,09100
       Accounts payable 
1,604,850
2,639,991
3,000,692
1,876,448
2,284,402
2,882,177
3,447,077
2,338,180
2,579,334
3,507,858
5,221,939
7,719,756
10,331,803
11,704,173
19,833,095
19,833,09511,704,17310,331,8037,719,7565,221,9393,507,8582,579,3342,338,1803,447,0772,882,1772,284,4021,876,4483,000,6922,639,9911,604,850
       Other Current Liabilities 
570,222
700,727
656,959
586,924
0
0
0
0
0
0
792,760
229,888
1,846,704
1,656,045
943,746
943,7461,656,0451,846,704229,888792,760000000586,924656,959700,727570,222
   > Long-term Liabilities 
0
0
4,691,929
9,449,395
10,314,741
12,892,758
12,856,105
14,150,371
16,270,918
12,720,184
15,624,368
16,510,851
20,911,195
33,555,592
56,594,604
56,594,60433,555,59220,911,19516,510,85115,624,36812,720,18416,270,91814,150,37112,856,10512,892,75810,314,7419,449,3954,691,92900
       Capital Lease Obligations Min Short Term Debt
0
0
52,713
49,940
54,094
49,499
44,587
50,480
59,677
57,296
102,079
114,526
117,711
391,078
579,670
579,670391,078117,711114,526102,07957,29659,67750,48044,58749,49954,09449,94052,71300
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
892,005
1,019,496
1,205,417
1,205,4171,019,496892,005000000000000
> Total Stockholder Equity
0
0
8,564,943
9,609,496
11,115,690
10,483,911
11,929,971
14,667,437
17,441,598
18,272,165
22,817,738
28,515,860
34,959,178
45,317,174
48,840,516
48,840,51645,317,17434,959,17828,515,86022,817,73818,272,16517,441,59814,667,43711,929,97110,483,91111,115,6909,609,4968,564,94300
   Common Stock
22,888
22,888
22,888
22,888
0
0
0
0
0
0
0
0
0
0
0
0000000000022,88822,88822,88822,888
   Retained Earnings Total Equity000000000000000
   Accumulated Other Comprehensive Income 000000000000000
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
2,419,497
2,568,125
2,723,000
3,014,927
0
0
0
0
0
0
0
0
0
0
0
000000000003,014,9272,723,0002,568,1252,419,497



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 (+$)
totalRevenue26,960,899
Cost of Revenue-28,427,170
Gross Profit-1,466,271-1,466,271
 
Operating Income (+$)
Gross Profit-1,466,271
Operating Expense-35,157,045
Operating Income-8,196,146-36,623,316
 
Operating Expense (+$)
Research Development-
Selling General Administrative6,331,293
Selling And Marketing Expenses-
Operating Expense35,157,0456,331,293
 
Net Interest Income (+$)
Interest Income1,538,369
Interest Expense-871,296
Other Finance Cost-4,724,562
Net Interest Income-4,057,489
 
Pretax Income (+$)
Operating Income-8,196,146
Net Interest Income-4,057,489
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-13,313,544-8,196,146
EBIT - interestExpense = -871,296
-10,050,618
-9,179,322
Interest Expense871,296
Earnings Before Interest and Taxes (EBIT)--12,442,248
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-13,313,544
Tax Provision--2,178,826
Net Income From Continuing Ops-11,134,718-11,134,718
Net Income-10,050,618
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 Net-4,057,489
 

Technical Analysis of Edesa Holding SA
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 Edesa Holding SA. The general trend of Edesa Holding SA is BULLISH with 42.9% 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 Edesa Holding SA'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 (42.9%) Bearish trend (-42.9%)
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 Edesa Holding SA.

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: 470.00 < 470.00 < 470.00.

The bearish price targets are: 470.00 > 470.00 > 470.00.

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Edesa Holding SA 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 Edesa Holding SA. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-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 down: The MA 100 is trending down. -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 down: The MA 200 is trending down. -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

Edesa Holding SA 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 Edesa Holding SA. The current macd is 0.3753707.

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 Edesa Holding SA price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Edesa Holding SA. 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 Edesa Holding SA 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
Edesa Holding SA Daily Moving Average Convergence/Divergence (MACD) ChartEdesa Holding SA 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 Edesa Holding SA. The current adx is 75.83.

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 Edesa Holding SA 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.
Edesa Holding SA 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 Edesa Holding SA. The current sar is 462.42.

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
Edesa Holding SA 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 Edesa Holding SA. The current rsi is 88.30. 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
Edesa Holding SA Daily Relative Strength Index (RSI) ChartEdesa Holding SA 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 Edesa Holding SA. 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 Edesa Holding SA price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Edesa Holding SA Daily Stochastic Oscillator ChartEdesa Holding SA 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 Edesa Holding SA. The current cci is 0.

Edesa Holding SA Daily Commodity Channel Index (CCI) ChartEdesa Holding SA 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 Edesa Holding SA. The current cmo is 94.60.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Edesa Holding SA Daily Chande Momentum Oscillator (CMO) ChartEdesa Holding SA 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 Edesa Holding SA. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Edesa Holding SA Daily Williams %R ChartEdesa Holding SA 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 Edesa Holding SA.

Edesa Holding SA 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 Edesa Holding SA. The current atr is 0.04374176.

Edesa Holding SA Daily Average True Range (ATR) ChartEdesa Holding SA 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 Edesa Holding SA. The current obv is 1,805.

Edesa Holding SA Daily On-Balance Volume (OBV) ChartEdesa Holding SA 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 Edesa Holding SA. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
Edesa Holding SA Daily Money Flow Index (MFI) ChartEdesa Holding SA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Edesa Holding SA.

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
2023-09-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-10-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-23MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Edesa Holding SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Edesa Holding SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5088.305
Ma 20Greater thanMa 50470.000
Ma 50Greater thanMa 100469.800
Ma 100Greater thanMa 200464.820
OpenGreater thanClose470.000
Total4/5 (80.0%)
Penke

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