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Eastern Iron Ltd
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Let's analyse Eastern Iron Ltd together

PenkeI guess you are interested in Eastern Iron Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Eastern Iron Ltd (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
A$0.01
Expected worth in 1 year
A$0.02
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
A$0.01
Return On Investment
153.8%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.007 - A$0.009
How sure are you?
50%

1. Valuation of Eastern Iron Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.04 - A$-0.01

Total Value Per Share

A$-0.03 - A$0.00

2. Growth of Eastern Iron Ltd (5 min.)




Is Eastern Iron Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$8.2m$5.5m$2.7m33.2%

How much money is Eastern Iron Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$460.3k-$1.9m$1.4m314.8%
Net Profit Margin-1,002.9%-12,963,491.3%--

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

3. Financial Health of Eastern Iron Ltd (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#492 / 888

Most Revenue
#318 / 888

Most Profit
#340 / 888

Most Efficient
#700 / 888

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

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

What can you expect buying and holding a share of Eastern Iron Ltd?

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

Speculation

The Price per Share of Eastern Iron Ltd is A$0.009. 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 Eastern Iron Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Eastern Iron Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.01. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Eastern Iron Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-4.1%0.00-4.1%0.00-17.1%0.00-6.1%0.00-7.2%
Usd Book Value Change Per Share0.0024.6%0.0024.6%0.0020.9%0.0010.0%0.003.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0024.6%0.0024.6%0.0020.9%0.0010.0%0.003.4%
Usd Price Per Share0.01-0.01-0.01-0.01-0.01-
Price to Earnings Ratio-17.28--17.28--8.75--15.83--18.67-
Price-to-Total Gains Ratio2.89-2.89-7.15--0.28--97.04-
Price to Book Ratio0.96-0.96-3.02-2.18-2.62-
Price-to-Total Gains Ratio2.89-2.89-7.15--0.28--97.04-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0057636
Number of shares173502
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (173502 shares)384.43156.09
Gains per Year (173502 shares)1,537.73624.34
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10153815280624614
2030753066012491238
3046134604018731862
4061516142024972486
5076897680031223110
6092269218037463734
701076410756043704358
801230212294049954982
901384013832056195606
1001537715370062436230

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 Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%0.016.00.00.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%4.06.00.040.0%7.09.00.043.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.016.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%4.06.00.040.0%7.09.00.043.8%

Fundamentals of Eastern Iron Ltd

About Eastern Iron Ltd

Eastern Resources Limited engages in the exploration for iron ore, precious, and base metals resources in Australia. The company also explores for copper and lithium deposits. Its holds interest in the Nowa Nowa Iron project located in Victoria; and the Nowa Nowa Copper project located in Eastern Victoria. The company also holds interest in the Trigg Hill Lithium-Tantalum Project and the Taylor Lookout Lithium-Tantalum Project in Western Australia; Lepidolite Hill Lithium project located in the Southern Yilgarn; Yalgoo West project located in the Yalgoo lithium province in Western Australia; and Lake Johnston project. The company was formerly known as Eastern Iron Limited and changed its name to Eastern Resources Limited. The company was incorporated in 2007 and is based in St Leonards, Australia.

Fundamental data was last updated by Penke on 2024-03-30 17:57:03.

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 operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Eastern Iron Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Eastern Iron Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Eastern Iron Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -1,002.9% means that $-10.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Eastern Iron Ltd:

  • The MRQ is -1,002.9%. The company is making a huge loss. -2
  • The TTM is -1,002.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-1,002.9%TTM-1,002.9%0.0%
TTM-1,002.9%YOY-12,963,491.3%+12,962,488.4%
TTM-1,002.9%5Y-2,918,219.7%+2,917,216.8%
5Y-2,918,219.7%10Y-1,461,690.7%-1,456,529.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,002.9%-72.5%-930.4%
TTM-1,002.9%-82.3%-920.6%
YOY-12,963,491.3%-69.1%-12,963,422.2%
5Y-2,918,219.7%-489.7%-2,917,730.0%
10Y-1,461,690.7%-933.8%-1,460,756.9%
1.1.2. Return on Assets

Shows how efficient Eastern Iron Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Eastern Iron Ltd to the Other Industrial Metals & Mining industry mean.
  • -5.4% Return on Assets means that Eastern Iron Ltd generated $-0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Eastern Iron Ltd:

  • The MRQ is -5.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.4%TTM-5.4%0.0%
TTM-5.4%YOY-33.6%+28.2%
TTM-5.4%5Y-15.8%+10.4%
5Y-15.8%10Y-22.5%+6.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.4%-9.2%+3.8%
TTM-5.4%-9.0%+3.6%
YOY-33.6%-8.3%-25.3%
5Y-15.8%-13.7%-2.1%
10Y-22.5%-19.8%-2.7%
1.1.3. Return on Equity

Shows how efficient Eastern Iron Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Eastern Iron Ltd to the Other Industrial Metals & Mining industry mean.
  • -5.6% Return on Equity means Eastern Iron Ltd generated $-0.06 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Eastern Iron Ltd:

  • The MRQ is -5.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.6%TTM-5.6%0.0%
TTM-5.6%YOY-34.6%+29.0%
TTM-5.6%5Y-16.2%+10.7%
5Y-16.2%10Y-23.0%+6.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.6%-9.7%+4.1%
TTM-5.6%-9.6%+4.0%
YOY-34.6%-9.3%-25.3%
5Y-16.2%-14.5%-1.7%
10Y-23.0%-20.7%-2.3%

1.2. Operating Efficiency of Eastern Iron Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Eastern Iron Ltd is operating .

  • Measures how much profit Eastern Iron Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Eastern Iron Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -961.7% means the company generated $-9.62  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Eastern Iron Ltd:

  • The MRQ is -961.7%. The company is operating very inefficient. -2
  • The TTM is -961.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-961.7%TTM-961.7%0.0%
TTM-961.7%YOY-12,181,660.9%+12,180,699.2%
TTM-961.7%5Y-2,710,129.5%+2,709,167.9%
5Y-2,710,129.5%10Y-1,357,771.4%-1,352,358.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-961.7%-417.7%-544.0%
TTM-961.7%-170.8%-790.9%
YOY-12,181,660.9%-136.7%-12,181,524.2%
5Y-2,710,129.5%-535.6%-2,709,593.9%
10Y-1,357,771.4%-948.8%-1,356,822.6%
1.2.2. Operating Ratio

Measures how efficient Eastern Iron Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 9.62 means that the operating costs are $9.62 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Eastern Iron Ltd:

  • The MRQ is 9.617. The company is inefficient in keeping operating costs low. -1
  • The TTM is 9.617. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ9.617TTM9.6170.000
TTM9.617YOY121,816.391-121,806.775
TTM9.6175Y27,101.273-27,091.657
5Y27,101.27310Y13,577.702+13,523.571
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ9.6172.239+7.378
TTM9.6172.181+7.436
YOY121,816.3912.275+121,814.116
5Y27,101.2738.358+27,092.915
10Y13,577.70211.725+13,565.977

1.3. Liquidity of Eastern Iron Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Eastern Iron Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 19.70 means the company has $19.70 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Eastern Iron Ltd:

  • The MRQ is 19.703. The company is very able to pay all its short-term debts. +2
  • The TTM is 19.703. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ19.703TTM19.7030.000
TTM19.703YOY19.966-0.263
TTM19.7035Y12.664+7.038
5Y12.66410Y13.185-0.520
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ19.7032.391+17.312
TTM19.7032.561+17.142
YOY19.9663.585+16.381
5Y12.6644.006+8.658
10Y13.1854.774+8.411
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Eastern Iron Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 19.64 means the company can pay off $19.64 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Eastern Iron Ltd:

  • The MRQ is 19.644. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 19.644. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ19.644TTM19.6440.000
TTM19.644YOY19.856-0.212
TTM19.6445Y12.527+7.116
5Y12.52710Y13.173-0.645
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ19.6440.939+18.705
TTM19.6440.920+18.724
YOY19.8561.107+18.749
5Y12.5271.359+11.168
10Y13.1731.517+11.656

1.4. Solvency of Eastern Iron Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Eastern Iron Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Eastern Iron Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.02 means that Eastern Iron Ltd assets are financed with 2.3% credit (debt) and the remaining percentage (100% - 2.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Eastern Iron Ltd:

  • The MRQ is 0.023. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.023. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.023TTM0.0230.000
TTM0.023YOY0.026-0.003
TTM0.0235Y0.024-0.001
5Y0.02410Y0.025-0.001
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0230.186-0.163
TTM0.0230.188-0.165
YOY0.0260.140-0.114
5Y0.0240.212-0.188
10Y0.0250.249-0.224
1.4.2. Debt to Equity Ratio

Measures if Eastern Iron Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Eastern Iron Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 2.4% means that company has $0.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Eastern Iron Ltd:

  • The MRQ is 0.024. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.024. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.024TTM0.0240.000
TTM0.024YOY0.027-0.003
TTM0.0245Y0.025-0.001
5Y0.02510Y0.026-0.001
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0240.201-0.177
TTM0.0240.206-0.182
YOY0.0270.142-0.115
5Y0.0250.222-0.197
10Y0.0260.244-0.218

2. Market Valuation of Eastern Iron Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Eastern Iron Ltd generates.

  • Above 15 is considered overpriced but always compare Eastern Iron Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -17.28 means the investor is paying $-17.28 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Eastern Iron Ltd:

  • The EOD is -15.549. Based on the earnings, the company is expensive. -2
  • The MRQ is -17.276. Based on the earnings, the company is expensive. -2
  • The TTM is -17.276. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-15.549MRQ-17.276+1.728
MRQ-17.276TTM-17.2760.000
TTM-17.276YOY-8.747-8.529
TTM-17.2765Y-15.828-1.448
5Y-15.82810Y-18.671+2.843
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-15.549-4.164-11.385
MRQ-17.276-5.384-11.892
TTM-17.276-5.536-11.740
YOY-8.747-8.378-0.369
5Y-15.828-10.987-4.841
10Y-18.671-12.075-6.596
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.677. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.086. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.086. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.677MRQ-4.086+0.409
MRQ-4.086TTM-4.0860.000
TTM-4.086YOY-24.479+20.393
TTM-4.0865Y-20.959+16.873
5Y-20.95910Y-22.898+1.939
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.677-4.286+0.609
MRQ-4.086-5.791+1.705
TTM-4.086-6.130+2.044
YOY-24.479-8.559-15.920
5Y-20.959-12.248-8.711
10Y-22.898-13.179-9.719
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.96 means the investor is paying $0.96 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Eastern Iron Ltd:

  • The EOD is 0.865. Based on the equity, the company is cheap. +2
  • The MRQ is 0.961. Based on the equity, the company is cheap. +2
  • The TTM is 0.961. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.865MRQ0.961-0.096
MRQ0.961TTM0.9610.000
TTM0.961YOY3.023-2.062
TTM0.9615Y2.181-1.220
5Y2.18110Y2.620-0.439
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.8651.215-0.350
MRQ0.9611.510-0.549
TTM0.9611.576-0.615
YOY3.0232.240+0.783
5Y2.1812.387-0.206
10Y2.6202.893-0.273
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Eastern Iron Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Eastern Iron Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0030.0030%0.003+18%0.001+146%0.000+621%
Book Value Per Share--0.0100.0100%0.007+50%0.005+94%0.005+104%
Current Ratio--19.70319.7030%19.966-1%12.664+56%13.185+49%
Debt To Asset Ratio--0.0230.0230%0.026-12%0.024-4%0.025-7%
Debt To Equity Ratio--0.0240.0240%0.027-12%0.025-4%0.026-8%
Dividend Per Share----0%-0%-0%-0%
Eps---0.001-0.0010%-0.002+315%-0.001+48%-0.001+76%
Free Cash Flow Per Share---0.002-0.0020%-0.001-65%-0.001-65%-0.001-66%
Free Cash Flow To Equity Per Share--0.0010.0010%0.003-57%0.002-31%0.001+51%
Gross Profit Margin--1.3191.3190%1.821-28%1.3250%1.163+13%
Intrinsic Value_10Y_max---0.012--------
Intrinsic Value_10Y_min---0.036--------
Intrinsic Value_1Y_max---0.001--------
Intrinsic Value_1Y_min---0.002--------
Intrinsic Value_3Y_max---0.003--------
Intrinsic Value_3Y_min---0.007--------
Intrinsic Value_5Y_max---0.005--------
Intrinsic Value_5Y_min---0.014--------
Market Cap11177549.568-11%12419499.52012419499.5200%26080948.992-52%13586932.475-9%15971476.383-22%
Net Profit Margin---10.029-10.0290%-129634.913+1292545%-29182.197+290888%-14616.907+145651%
Operating Margin---9.617-9.6170%-121816.609+1266642%-27101.295+281720%-13577.714+141091%
Operating Ratio--9.6179.6170%121816.391-100%27101.273-100%13577.702-100%
Pb Ratio0.865-11%0.9610.9610%3.023-68%2.181-56%2.620-63%
Pe Ratio-15.549+10%-17.276-17.2760%-8.747-49%-15.828-8%-18.671+8%
Price Per Share0.009-11%0.0100.0100%0.021-52%0.011-9%0.013-22%
Price To Free Cash Flow Ratio-3.677+10%-4.086-4.0860%-24.479+499%-20.959+413%-22.898+460%
Price To Total Gains Ratio2.601-11%2.8902.8900%7.152-60%-0.281+110%-97.036+3457%
Quick Ratio--19.64419.6440%19.856-1%12.527+57%13.173+49%
Return On Assets---0.054-0.0540%-0.336+519%-0.158+191%-0.225+313%
Return On Equity---0.056-0.0560%-0.346+521%-0.162+192%-0.230+313%
Total Gains Per Share--0.0030.0030%0.003+18%0.001+146%0.000+621%
Usd Book Value--8277557.4428277557.4420%5525736.228+50%4277582.283+94%4048842.226+104%
Usd Book Value Change Per Share--0.0020.0020%0.002+18%0.001+146%0.000+621%
Usd Book Value Per Share--0.0070.0070%0.004+50%0.003+94%0.003+104%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.0000%-0.002+315%-0.001+48%-0.001+76%
Usd Free Cash Flow---1946689.841-1946689.8410%-682317.382-65%-691036.300-65%-653125.837-66%
Usd Free Cash Flow Per Share---0.002-0.0020%-0.001-65%-0.001-65%-0.001-66%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.002-57%0.001-31%0.000+51%
Usd Market Cap7158102.743-11%7953447.4937953447.4930%16702239.734-52%8701071.557-9%10228133.475-22%
Usd Price Per Share0.006-11%0.0060.0060%0.013-52%0.007-9%0.008-22%
Usd Profit---460366.910-460366.9100%-1909418.561+315%-678019.401+47%-807928.192+75%
Usd Revenue--45905.15345905.1530%14.729+311561%10946.870+319%167353.747-73%
Usd Total Gains Per Share--0.0020.0020%0.002+18%0.001+146%0.000+621%
 EOD+2 -6MRQTTM+0 -0YOY+21 -135Y+24 -1010Y+25 -9

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-15.549
Price to Book Ratio (EOD)Between0-10.865
Net Profit Margin (MRQ)Greater than0-10.029
Operating Margin (MRQ)Greater than0-9.617
Quick Ratio (MRQ)Greater than119.644
Current Ratio (MRQ)Greater than119.703
Debt to Asset Ratio (MRQ)Less than10.023
Debt to Equity Ratio (MRQ)Less than10.024
Return on Equity (MRQ)Greater than0.15-0.056
Return on Assets (MRQ)Greater than0.05-0.054
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.044
Ma 20Greater thanMa 500.008
Ma 50Greater thanMa 1000.008
Ma 100Greater thanMa 2000.008
OpenGreater thanClose0.008
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets13,231
Total Liabilities306
Total Stockholder Equity12,926
 As reported
Total Liabilities 306
Total Stockholder Equity+ 12,926
Total Assets = 13,231

Assets

Total Assets13,231
Total Current Assets6,020
Long-term Assets7,211
Total Current Assets
Cash And Cash Equivalents 5,906
Net Receivables 96
Other Current Assets 18
Total Current Assets  (as reported)6,020
Total Current Assets  (calculated)6,020
+/-0
Long-term Assets
Property Plant Equipment 1
Long Term Investments 20
Long-term Assets Other 7,190
Long-term Assets  (as reported)7,211
Long-term Assets  (calculated)7,211
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities306
Long-term Liabilities0
Total Stockholder Equity12,926
Total Current Liabilities
Accounts payable 181
Other Current Liabilities 124
Total Current Liabilities  (as reported)306
Total Current Liabilities  (calculated)306
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock27,877
Retained Earnings -14,345
Other Stockholders Equity -607
Total Stockholder Equity (as reported)12,926
Total Stockholder Equity (calculated)12,926
+/-0
Other
Capital Stock26,398
Cash and Short Term Investments 5,906
Common Stock Shares Outstanding 1,142,320
Liabilities and Stockholders Equity 13,231
Net Debt -5,906
Net Invested Capital 12,926
Net Tangible Assets 12,926
Net Working Capital 5,715
Property Plant and Equipment Gross 7,236



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-30
> Total Assets 
5,209
4,927
4,743
6,306
5,822
7,475
7,269
6,786
7,994
4,329
4,283
3,735
3,305
5,079
8,862
13,231
13,2318,8625,0793,3053,7354,2834,3297,9946,7867,2697,4755,8226,3064,7434,9275,209
   > Total Current Assets 
4,738
3,352
2,731
3,703
960
1,886
1,312
379
1,536
1,313
1,179
497
125
1,549
4,653
6,020
6,0204,6531,5491254971,1791,3131,5363791,3121,8869603,7032,7313,3524,738
       Cash And Cash Equivalents 
4,729
3,307
2,679
3,619
917
1,673
247
84
1,514
1,299
1,027
479
110
1,496
4,610
5,906
5,9064,6101,4961104791,0271,2991,514842471,6739173,6192,6793,3074,729
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
120
0
0
0
0
0
000001200000000000
       Net Receivables 
7
34
40
73
22
60
1,046
285
9
4
7
4
1
34
18
96
961834147492851,04660227340347
       Other Current Assets 
2
11
11
11
21
153
19
10
13
10
25
14
15
19
26
18
18261915142510131019153211111112
   > Long-term Assets 
471
1,576
2,012
2,602
4,862
5,590
5,957
6,407
6,458
3,015
3,104
3,238
3,180
3,531
4,208
7,211
7,2114,2083,5313,1803,2383,1043,0156,4586,4075,9575,5904,8622,6022,0121,576471
       Property Plant Equipment 
471
1,456
1,892
2,497
4,743
5,574
5,944
6,397
6,448
3,005
3,104
3,108
1
1
2
1
12113,1083,1043,0056,4486,3975,9445,5744,7432,4971,8921,456471
       Long Term Investments 
0
0
0
0
0
0
0
0
10
10
120
130
20
20
20
20
20202020130120101000000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
6,458
3,015
3,104
3,238
3,159
3,510
4,187
7,190
7,1904,1873,5103,1593,2383,1043,0156,45800000000
> Total Liabilities 
106
180
80
437
297
508
525
68
101
59
81
75
103
98
233
306
306233981037581591016852550829743780180106
   > Total Current Liabilities 
106
180
80
437
287
486
525
45
74
59
81
75
103
98
233
306
30623398103758159744552548628743780180106
       Short-term Debt 
100
0
0
0
0
0
0
0
0
0
120
0
0
0
0
0
00000120000000000100
       Accounts payable 
19
134
39
313
92
322
436
18
39
41
60
5
62
56
151
181
1811515662560413918436322923133913419
       Other Current Liabilities 
35
46
41
125
195
164
89
27
35
18
21
71
41
42
82
124
124824241712118352789164195125414635
   > Long-term Liabilities 
0
0
0
0
11
22
0
23
27
0
0
5
62
56
151
0
015156625002723022110000
       Other Liabilities 
0
0
0
0
11
22
0
23
27
0
0
0
0
0
0
0
00000002723022110000
> Total Stockholder Equity
5,104
4,748
4,662
5,868
5,525
6,967
6,743
6,718
7,892
4,269
4,202
3,660
3,202
4,982
8,629
12,926
12,9268,6294,9823,2023,6604,2024,2697,8926,7186,7436,9675,5255,8684,6624,7485,104
   Common Stock
5,141
5,107
5,557
7,552
8,032
10,603
11,865
12,207
14,027
14,627
15,022
15,037
15,037
17,208
21,511
27,877
27,87721,51117,20815,03715,03715,02214,62714,02712,20711,86510,6038,0327,5525,5575,1075,141
   Retained Earnings -14,345-13,815-12,427-11,835-11,501-10,943-10,361-6,149-5,532-5,247-3,985-2,942-2,012-1,067-473-44
   Accumulated Other Comprehensive Income 
6
115
172
329
435
349
125
43
15
4
124
124
-43
201
932
-607
-607932201-43124124415431253494353291721156
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue72
Cost of Revenue-1
Gross Profit7171
 
Operating Income (+$)
Gross Profit71
Operating Expense-688
Operating Income-689-618
 
Operating Expense (+$)
Research Development-
Selling General Administrative459
Selling And Marketing Expenses229
Operating Expense688688
 
Net Interest Income (+$)
Interest Income72
Interest Expense--
Other Finance Cost-0
Net Interest Income72
 
Pretax Income (+$)
Operating Income-689
Net Interest Income72
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-719-660
EBIT - interestExpense = -689
-719
-719
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-689-719
Earnings Before Interest and Taxes (EBITDA)-688
 
After tax Income (+$)
Income Before Tax-719
Tax Provision-0
Net Income From Continuing Ops-719-719
Net Income-719
Net Income Applicable To Common Shares-719
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses689
Total Other Income/Expenses Net-30-72
 

Technical Analysis of Eastern Iron Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Eastern Iron Ltd. The general trend of Eastern Iron Ltd is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Eastern Iron Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Eastern Iron Ltd.

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

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

The bullish price targets are: 0.009 < 0.009 < 0.009.

The bearish price targets are: 0.007 > 0.007 > 0.007.

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Eastern Iron Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Eastern Iron Ltd. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower 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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower 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 lower 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

Eastern Iron Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Eastern Iron Ltd. The current macd is 0.00014453.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Eastern Iron Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Eastern Iron Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Eastern Iron Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Eastern Iron Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEastern Iron Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Eastern Iron Ltd. The current adx is 27.82.

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 Eastern Iron Ltd 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.
Eastern Iron Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Eastern Iron Ltd. The current sar is 0.01001457.

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
Eastern Iron Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Eastern Iron Ltd. The current rsi is 58.04. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Eastern Iron Ltd Daily Relative Strength Index (RSI) ChartEastern Iron Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Eastern Iron Ltd. The current phase is Overbought in neutral market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Eastern Iron Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Eastern Iron Ltd Daily Stochastic Oscillator ChartEastern Iron Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Eastern Iron Ltd. The current cci is 104.42.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Eastern Iron Ltd Daily Commodity Channel Index (CCI) ChartEastern Iron Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Eastern Iron Ltd. The current cmo is 23.96.

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
Eastern Iron Ltd Daily Chande Momentum Oscillator (CMO) ChartEastern Iron Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Eastern Iron Ltd. 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
Eastern Iron Ltd Daily Williams %R ChartEastern Iron Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Eastern Iron Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Eastern Iron Ltd. The current atr is 0.00071545.

Eastern Iron Ltd Daily Average True Range (ATR) ChartEastern Iron Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Eastern Iron Ltd. The current obv is -149,720,486.

Eastern Iron Ltd Daily On-Balance Volume (OBV) ChartEastern Iron Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Eastern Iron Ltd. The current mfi is 67.95.

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

  • MFI > 50: +1
Eastern Iron Ltd Daily Money Flow Index (MFI) ChartEastern Iron Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Eastern Iron Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-04DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH 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
2023-12-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-12MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22MACD 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSE</