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Elastron S.A. - Steel Service Centers
Buy, Hold or Sell?

Let's analyze Elastron together

I guess you are interested in Elastron S.A. - Steel Service Centers. 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 Elastron S.A. - Steel Service Centers. 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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1. Quick Overview

1.1. Quick analysis of Elastron (30 sec.)










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

How much money do you get?

How much money do you get?
€0.84
When do you have the money?
1 year
How often do you get paid?
80.0%

What is your share worth?

Current worth
€4.47
Expected worth in 1 year
€3.38
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
€-0.33
Return On Investment
-15.9%

For what price can you sell your share?

Current Price per Share
€2.05
Expected price per share
€1.96 - €2.19
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Elastron (5 min.)




Live pricePrice per Share (EOD)
€2.05
Intrinsic Value Per Share
€-14.85 - €-4.39
Total Value Per Share
€-10.38 - €0.08

2.2. Growth of Elastron (5 min.)




Is Elastron growing?

Current yearPrevious yearGrowGrow %
How rich?$89.7m$95.2m-$5.4m-6.1%

How much money is Elastron making?

Current yearPrevious yearGrowGrow %
Making money-$1.4m$12.6m-$14.1m-989.7%
Net Profit Margin-0.7%6.4%--

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

2.3. Financial Health of Elastron (5 min.)




2.4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Elastron?

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

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

Speculation

The Price per Share of Elastron is €2.05. 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 Elastron.
  • 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 Elastron, 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 €4.47. Based on the TTM, the Book Value Change Per Share is €-0.27 per quarter. Based on the YOY, the Book Value Change Per Share is €0.35 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.19 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Elastron.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.08-3.8%-0.08-3.8%0.6933.6%0.3014.6%0.136.4%
Usd Book Value Change Per Share-0.30-14.5%-0.30-14.5%0.3818.7%0.199.2%0.4923.8%
Usd Dividend Per Share0.2110.2%0.2110.2%0.2913.9%0.126.0%0.073.2%
Usd Total Gains Per Share-0.09-4.3%-0.09-4.3%0.6732.6%0.3115.2%0.5527.0%
Usd Price Per Share2.95-2.95-2.46-2.19-1.58-
Price to Earnings Ratio-38.07--38.07-3.57--6.06--3.52-
Price-to-Total Gains Ratio-33.10--33.10-3.67--6.69--5.08-
Price to Book Ratio0.60-0.60-0.47-0.48-0.36-
Price-to-Total Gains Ratio-33.10--33.10-3.67--6.69--5.08-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.23696
Number of shares447
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.210.12
Usd Book Value Change Per Share-0.300.19
Usd Total Gains Per Share-0.090.31
Gains per Quarter (447 shares)-39.79138.99
Gains per Year (447 shares)-159.17555.96
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1374-533-169218338546
2748-1066-3284376751102
31121-1599-48765510131658
41495-2132-64687313502214
51869-2665-805109216882770
62243-3198-964131020263326
72617-3731-1123152923633882
82990-4264-1282174727014438
93364-4797-1441196530384994
103738-5330-1600218433765550

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%2.01.00.066.7%3.02.00.060.0%5.05.00.050.0%5.05.00.050.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%6.04.00.060.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.02.080.0%8.00.02.080.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%6.04.00.060.0%
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3.2. Key Performance Indicators

The key performance indicators of Elastron S.A. - Steel Service Centers 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---0.273-0.2730%0.351-178%0.173-258%0.447-161%
Book Value Per Share--4.4694.4690%4.742-6%4.133+8%3.854+16%
Current Ratio--2.2552.2550%2.939-23%2.333-3%2.384-5%
Debt To Asset Ratio--0.5570.5570%0.537+4%0.520+7%0.468+19%
Debt To Equity Ratio--1.2571.2570%1.162+8%1.092+15%0.909+38%
Dividend Per Share--0.1920.1920%0.261-27%0.112+71%0.060+222%
Eps---0.071-0.0710%0.631-111%0.275-126%0.120-159%
Free Cash Flow Per Share---1.364-1.3640%-0.221-84%-0.118-91%-0.128-91%
Free Cash Flow To Equity Per Share---1.364-1.3640%0.321-525%0.039-3618%-0.015-99%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---4.392--------
Intrinsic Value_10Y_min---14.853--------
Intrinsic Value_1Y_max---0.188--------
Intrinsic Value_1Y_min---0.668--------
Intrinsic Value_3Y_max---0.757--------
Intrinsic Value_3Y_min---2.729--------
Intrinsic Value_5Y_max---1.558--------
Intrinsic Value_5Y_min---5.566--------
Market Cap37742140.000-32%49709265.30049709265.3000%41424387.750+20%36895321.356+35%26703068.059+86%
Net Profit Margin---0.007-0.0070%0.064-111%0.030-124%0.008-188%
Operating Margin----0%0.067-100%0.036-100%0.019-100%
Operating Ratio--1.9211.9210%1.783+8%1.830+5%1.852+4%
Pb Ratio0.459-32%0.6040.6040%0.474+27%0.477+27%0.363+66%
Pe Ratio-28.902+24%-38.067-38.0670%3.565-1168%-6.056-84%-3.524-91%
Price Per Share2.050-32%2.7002.7000%2.250+20%2.004+35%1.450+86%
Price To Free Cash Flow Ratio-1.503+24%-1.980-1.9800%-10.177+414%-1.757-11%27.478-107%
Price To Total Gains Ratio-25.128+24%-33.095-33.0950%3.675-1001%-6.695-80%-5.079-85%
Quick Ratio--0.6720.6720%0.676-1%0.835-20%0.962-30%
Return On Assets---0.007-0.0070%0.062-111%0.028-125%0.011-164%
Return On Equity---0.016-0.0160%0.133-112%0.060-126%0.025-163%
Total Gains Per Share---0.082-0.0820%0.612-113%0.285-129%0.506-116%
Usd Book Value--89775355.74289775355.7420%95263383.040-6%83036875.767+8%77423977.778+16%
Usd Book Value Change Per Share---0.298-0.2980%0.383-178%0.189-258%0.488-161%
Usd Book Value Per Share--4.8764.8760%5.174-6%4.510+8%4.205+16%
Usd Dividend Per Share--0.2090.2090%0.285-27%0.122+71%0.065+222%
Usd Eps---0.077-0.0770%0.689-111%0.300-126%0.131-159%
Usd Free Cash Flow---27398876.365-27398876.3650%-4441775.387-84%-2379123.865-91%-2574149.965-91%
Usd Free Cash Flow Per Share---1.488-1.4880%-0.241-84%-0.129-91%-0.140-91%
Usd Free Cash Flow To Equity Per Share---1.488-1.4880%0.350-525%0.042-3618%-0.017-99%
Usd Market Cap41184223.168-32%54242750.29554242750.2950%45202291.913+20%40260174.664+35%29138387.865+86%
Usd Price Per Share2.237-32%2.9462.9460%2.455+20%2.187+35%1.583+86%
Usd Profit---1424940.890-1424940.8900%12678074.464-111%5529200.786-126%2417757.126-159%
Usd Revenue--199628477.469199628477.4690%197489675.328+1%162089748.781+23%123759820.370+61%
Usd Total Gains Per Share---0.089-0.0890%0.668-113%0.311-129%0.553-116%
 EOD+3 -5MRQTTM+0 -0YOY+5 -305Y+11 -2410Y+11 -24

3.3 Fundamental Score

Let's check the fundamental score of Elastron S.A. - Steel Service Centers based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-28.902
Price to Book Ratio (EOD)Between0-10.459
Net Profit Margin (MRQ)Greater than0-0.007
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.672
Current Ratio (MRQ)Greater than12.255
Debt to Asset Ratio (MRQ)Less than10.557
Debt to Equity Ratio (MRQ)Less than11.257
Return on Equity (MRQ)Greater than0.15-0.016
Return on Assets (MRQ)Greater than0.05-0.007
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of Elastron S.A. - Steel Service Centers based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.304
Ma 20Greater thanMa 502.064
Ma 50Greater thanMa 1002.107
Ma 100Greater thanMa 2002.170
OpenGreater thanClose2.060
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Elastron S.A. - Steel Service Centers

Elastron S.A. - Steel Service Centers imports, processes, produces, and resells steel products in Greece and internationally. It operates through Steel Products and Energy segments. The company offers hot-rolled and cold rolled sheets and strips, galvanized sheets, heavy plates, and strips; long products, such as beams, joists, channels, flats, equal and unequal angles, rounds, squares, T-sections, and bulb flats; square and rectangular hollow sections; and structural tubes. It also provides polyurethane panels, comprising wall panels, roof panels, and cold/storage rooms; mineral wool core panels, which include thermo-insulating and fire-resistant roof and wall panels; and core accessories consisting of translucent panels, flashings, and fastening and sealing materials, as well as handles installation services. In addition, the company offers composite SYMDECK decks; cladding single skin products; purlin for steel buildings; drywall metal profiles; and hydroponic metal gutters. Further, it produces electric energy from photovoltaic stations; and agricultural products from greenhouse cultivations. Additionally, the company offers transportation and supply management services. Its steel products are used in the industry, construction, shipbuilding, agricultural, and energy sectors. Elastron S.A. - Steel Service Centers was founded in 1958 and is headquartered in Aspropyrgos, Greece.

Fundamental data was last updated by Penke on 2024-10-13 04:48:02.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/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 able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

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.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Elastron earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Elastron to the Steel industry mean.
  • A Net Profit Margin of -0.7% means that €-0.01 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is -0.7%. The company is not making a profit/loss.
  • The TTM is -0.7%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ-0.7%TTM-0.7%0.0%
TTM-0.7%YOY6.4%-7.1%
TTM-0.7%5Y3.0%-3.7%
5Y3.0%10Y0.8%+2.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.7%3.2%-3.9%
TTM-0.7%2.4%-3.1%
YOY6.4%2.7%+3.7%
5Y3.0%3.6%-0.6%
10Y0.8%2.7%-1.9%
4.3.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Elastron to the Steel industry mean.
  • -0.7% Return on Assets means that Elastron generated €-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is -0.7%. 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-0.7%TTM-0.7%0.0%
TTM-0.7%YOY6.2%-6.9%
TTM-0.7%5Y2.8%-3.5%
5Y2.8%10Y1.1%+1.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.7%1.1%-1.8%
TTM-0.7%0.9%-1.6%
YOY6.2%1.3%+4.9%
5Y2.8%1.4%+1.4%
10Y1.1%1.0%+0.1%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Elastron to the Steel industry mean.
  • -1.6% Return on Equity means Elastron generated €-0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is -1.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.6%TTM-1.6%0.0%
TTM-1.6%YOY13.3%-14.9%
TTM-1.6%5Y6.0%-7.6%
5Y6.0%10Y2.5%+3.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.6%1.8%-3.4%
TTM-1.6%1.7%-3.3%
YOY13.3%2.3%+11.0%
5Y6.0%2.7%+3.3%
10Y2.5%1.9%+0.6%
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4.3.2. Operating Efficiency of Elastron S.A. - Steel Service Centers.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Elastron is operating .

  • Measures how much profit Elastron 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 Elastron to the Steel 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 Elastron S.A. - Steel Service Centers:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY6.7%-6.7%
TTM-5Y3.6%-3.6%
5Y3.6%10Y1.9%+1.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.7%-5.7%
TTM-3.8%-3.8%
YOY6.7%4.5%+2.2%
5Y3.6%5.0%-1.4%
10Y1.9%4.2%-2.3%
4.3.2.2. Operating Ratio

Measures how efficient Elastron is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.92 means that the operating costs are €1.92 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is 1.921. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.921. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.921TTM1.9210.000
TTM1.921YOY1.783+0.138
TTM1.9215Y1.830+0.091
5Y1.83010Y1.852-0.021
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9211.456+0.465
TTM1.9211.268+0.653
YOY1.7831.052+0.731
5Y1.8301.092+0.738
10Y1.8521.073+0.779
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4.4.3. Liquidity of Elastron S.A. - Steel Service Centers.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 2.25 means the company has €2.25 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is 2.255. The company is able to pay all its short-term debts. +1
  • The TTM is 2.255. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.255TTM2.2550.000
TTM2.255YOY2.939-0.684
TTM2.2555Y2.333-0.078
5Y2.33310Y2.384-0.052
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2551.648+0.607
TTM2.2551.720+0.535
YOY2.9391.711+1.228
5Y2.3331.682+0.651
10Y2.3841.510+0.874
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Elastron to the Steel industry mean.
  • A Quick Ratio of 0.67 means the company can pay off €0.67 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is 0.672. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.672. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.672TTM0.6720.000
TTM0.672YOY0.676-0.004
TTM0.6725Y0.835-0.163
5Y0.83510Y0.962-0.127
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6720.633+0.039
TTM0.6720.654+0.018
YOY0.6760.754-0.078
5Y0.8350.772+0.063
10Y0.9620.732+0.230
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4.5.4. Solvency of Elastron S.A. - Steel Service Centers.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Elastron to Steel industry mean.
  • A Debt to Asset Ratio of 0.56 means that Elastron assets are financed with 55.7% credit (debt) and the remaining percentage (100% - 55.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is 0.557. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.557. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.557TTM0.5570.000
TTM0.557YOY0.537+0.020
TTM0.5575Y0.520+0.036
5Y0.52010Y0.468+0.052
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5570.440+0.117
TTM0.5570.443+0.114
YOY0.5370.463+0.074
5Y0.5200.473+0.047
10Y0.4680.504-0.036
4.5.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Elastron to the Steel industry mean.
  • A Debt to Equity ratio of 125.7% means that company has €1.26 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Elastron S.A. - Steel Service Centers:

  • The MRQ is 1.257. The company is able to pay all its debts with equity. +1
  • The TTM is 1.257. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.257TTM1.2570.000
TTM1.257YOY1.162+0.095
TTM1.2575Y1.092+0.165
5Y1.09210Y0.909+0.183
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2570.784+0.473
TTM1.2570.806+0.451
YOY1.1620.870+0.292
5Y1.0920.929+0.163
10Y0.9091.117-0.208
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Elastron generates.

  • Above 15 is considered overpriced but always compare Elastron to the Steel industry mean.
  • A PE ratio of -38.07 means the investor is paying €-38.07 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Elastron S.A. - Steel Service Centers:

  • The EOD is -28.902. Based on the earnings, the company is expensive. -2
  • The MRQ is -38.067. Based on the earnings, the company is expensive. -2
  • The TTM is -38.067. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-28.902MRQ-38.067+9.164
MRQ-38.067TTM-38.0670.000
TTM-38.067YOY3.565-41.632
TTM-38.0675Y-6.056-32.011
5Y-6.05610Y-3.524-2.532
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-28.9028.656-37.558
MRQ-38.0678.690-46.757
TTM-38.0678.623-46.690
YOY3.5656.620-3.055
5Y-6.0568.234-14.290
10Y-3.52411.428-14.952
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Elastron S.A. - Steel Service Centers:

  • The EOD is -1.503. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.980. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.980. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.503MRQ-1.980+0.477
MRQ-1.980TTM-1.9800.000
TTM-1.980YOY-10.177+8.197
TTM-1.9805Y-1.757-0.223
5Y-1.75710Y27.478-29.235
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-1.5032.225-3.728
MRQ-1.9802.142-4.122
TTM-1.9801.304-3.284
YOY-10.1771.975-12.152
5Y-1.7571.472-3.229
10Y27.4781.085+26.393
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.60 means the investor is paying €0.60 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Elastron S.A. - Steel Service Centers:

  • The EOD is 0.459. Based on the equity, the company is cheap. +2
  • The MRQ is 0.604. Based on the equity, the company is cheap. +2
  • The TTM is 0.604. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.459MRQ0.604-0.145
MRQ0.604TTM0.6040.000
TTM0.604YOY0.474+0.130
TTM0.6045Y0.477+0.127
5Y0.47710Y0.363+0.114
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD0.4590.863-0.404
MRQ0.6040.846-0.242
TTM0.6040.921-0.317
YOY0.4740.875-0.401
5Y0.4771.002-0.525
10Y0.3631.146-0.783
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

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

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Operating Income  8512,5583,40915,12918,538-1,89116,647-18,355-1,708



6.2. Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets185,649
Total Liabilities103,377
Total Stockholder Equity82,246
 As reported
Total Liabilities 103,377
Total Stockholder Equity+ 82,246
Total Assets = 185,649

Assets

Total Assets185,649
Total Current Assets115,097
Long-term Assets70,552
Total Current Assets
Cash And Cash Equivalents 13,490
Short-term Investments 950
Net Receivables 33,345
Inventory 61,891
Total Current Assets  (as reported)115,097
Total Current Assets  (calculated)109,676
+/- 5,422
Long-term Assets
Property Plant Equipment 65,162
Intangible Assets 71
Long-term Assets  (as reported)70,552
Long-term Assets  (calculated)65,234
+/- 5,319

Liabilities & Shareholders' Equity

Total Current Liabilities51,041
Long-term Liabilities52,336
Total Stockholder Equity82,246
Total Current Liabilities
Short Long Term Debt 20,906
Accounts payable 27,731
Other Current Liabilities 166
Total Current Liabilities  (as reported)51,041
Total Current Liabilities  (calculated)48,803
+/- 2,238
Long-term Liabilities
Long term Debt 44,682
Capital Lease Obligations Min Short Term Debt1,216
Long-term Liabilities  (as reported)52,336
Long-term Liabilities  (calculated)45,898
+/- 6,438
Total Stockholder Equity
Retained Earnings 30,268
Total Stockholder Equity (as reported)82,246
Total Stockholder Equity (calculated)30,268
+/- 51,978
Other
Capital Stock18,411
Common Stock Shares Outstanding 18,411
Net Debt 52,099
Net Invested Capital 147,834
Net Working Capital 64,056
Property Plant and Equipment Gross 108,293



6.3. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
112,846
96,460
105,107
129,328
125,173
126,847
128,719
170,568
188,669
185,649
185,649188,669170,568128,719126,847125,173129,328105,10796,460112,846
   > Total Current Assets 
54,771
39,311
48,217
62,121
57,831
59,152
58,651
98,867
118,556
115,097
115,097118,55698,86758,65159,15257,83162,12148,21739,31154,771
       Cash And Cash Equivalents 
12,396
5,885
4,717
5,930
3,771
14,163
9,751
26,574
39,459
13,490
13,49039,45926,5749,75114,1633,7715,9304,7175,88512,396
       Short-term Investments 
39
135
157
27
26
24
1,159
495
413
950
9504134951,15924262715713539
       Net Receivables 
20,360
15,649
19,404
27,137
21,684
16,644
17,295
23,359
26,862
33,345
33,34526,86223,35917,29516,64421,68427,13719,40415,64920,360
       Inventory 
21,667
17,642
22,559
29,027
32,350
28,320
29,560
44,857
50,429
61,891
61,89150,42944,85729,56028,32032,35029,02722,55917,64221,667
       Other Current Assets 
309
0
1,380
5,344
3,971
1,909
886
0
0
0
0008861,9093,9715,3441,3800309
   > Long-term Assets 
0
0
0
0
67,343
67,695
70,068
71,701
70,113
70,552
70,55270,11371,70170,06867,69567,3430000
       Property Plant Equipment 
51,503
48,902
51,173
60,710
60,409
60,228
62,590
63,898
64,798
65,162
65,16264,79863,89862,59060,22860,40960,71051,17348,90251,503
       Long Term Investments 
4,692
3,618
1,149
3,015
0
0
0
0
0
0
0000003,0151,1493,6184,692
       Intangible Assets 
10
45
118
96
78
61
44
49
81
71
718149446178961184510
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0000000000
> Total Liabilities 
46,768
32,779
39,784
61,708
58,830
62,628
62,870
89,725
101,367
103,377
103,377101,36789,72562,87062,62858,83061,70839,78432,77946,768
   > Total Current Liabilities 
29,139
11,484
20,466
32,075
22,376
25,131
25,078
55,618
40,343
51,041
51,04140,34355,61825,07825,13122,37632,07520,46611,48429,139
       Short-term Debt 
6,221
1,670
0
23,307
6,192
4,290
972
0
0
0
0009724,2906,19223,30701,6706,221
       Short Long Term Debt 
6,221
1,670
2,433
1,648
14,832
8,912
12,444
24,049
11,196
20,906
20,90611,19624,04912,4448,91214,8321,6482,4331,6706,221
       Accounts payable 
15,534
1,906
2,970
5,638
5,669
14,023
9,826
25,266
24,716
27,731
27,73124,71625,2669,82614,0235,6695,6382,9701,90615,534
       Other Current Liabilities 
994
448
838
697
762
950
823
5,960
4,078
166
1664,0785,960823950762697838448994
   > Long-term Liabilities 
0
0
0
0
36,422
37,469
37,759
34,108
61,025
52,336
52,33661,02534,10837,75937,46936,4220000
       Long term Debt Total 
0
0
12,390
21,153
29,226
29,554
29,559
0
0
0
00029,55929,55429,22621,15312,39000
       Capital Lease Obligations 
0
0
0
0
1,588
1,683
1,076
1,550
1,300
1,216
1,2161,3001,5501,0761,6831,5880000
> Total Stockholder Equity
66,056
63,658
65,324
67,621
66,344
64,219
65,850
80,805
87,268
82,246
82,24687,26880,80565,85064,21966,34467,62165,32463,65866,056
   Common Stock
18,435
18,435
18,422
18,422
18,411
18,411
18,411
18,411
18,411
0
018,41118,41118,41118,41118,41118,42218,42218,43518,435
   Retained Earnings 
34,108
31,714
35,738
33,568
32,358
30,259
32,166
29,844
35,576
30,268
30,26835,57629,84432,16630,25932,35833,56835,73831,71434,108
   Capital Surplus 
0
0
11,171
11,171
11,171
11,171
11,171
0
0
0
00011,17111,17111,17111,17111,17100
   Treasury Stock0000000000
   Other Stockholders Equity 
2,345
2,345
2,000
4,467
4,404
4,378
4,404
21,378
22,110
0
022,11021,3784,4044,3784,4044,4672,0002,3452,345



6.4. Balance Sheets

Currency in EUR. All numbers in thousands.




6.5. Cash Flows

Currency in EUR. All numbers in thousands.




6.6. Income Statements

Currency in EUR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue182,944
Cost of Revenue-166,805
Gross Profit16,13916,139
 
Operating Income (+$)
Gross Profit16,139
Operating Expense-184,652
Operating Income-1,708-168,513
 
Operating Expense (+$)
Research Development0
Selling General Administrative12,320
Selling And Marketing Expenses0
Operating Expense184,65212,320
 
Net Interest Income (+$)
Interest Income38
Interest Expense-3,398
Other Finance Cost-1,100
Net Interest Income-4,460
 
Pretax Income (+$)
Operating Income-1,708
Net Interest Income-4,460
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,009-1,708
EBIT - interestExpense = -3,398
-1,306
2,092
Interest Expense3,398
Earnings Before Interest and Taxes (EBIT)02,389
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-1,009
Tax Provision-294
Net Income From Continuing Ops-1,302-1,302
Net Income-1,306
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net04,460
 

Technical Analysis of Elastron
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 Elastron. The general trend of Elastron is BEARISH with 85.7% 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 Elastron'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 (-85.7%) Bearish trend (85.7%)
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 Elastron S.A. - Steel Service Centers.

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

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

The bullish price targets are: 2.15 < 2.15 < 2.19.

The bearish price targets are: 1.98 > 1.96.

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Elastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-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 lower 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 below 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 below 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 below 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

Elastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current macd is -0.02652933.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Elastron price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Elastron. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Elastron price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
Elastron S.A. - Steel Service Centers Daily Moving Average Convergence/Divergence (MACD) ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current adx is 46.55.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Elastron shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Elastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current sar is 2.07136441.

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
Elastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current rsi is 46.30. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Elastron S.A. - Steel Service Centers Daily Relative Strength Index (RSI) ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • 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 Elastron price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Elastron S.A. - Steel Service Centers Daily Stochastic Oscillator ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current cci is -39.55619875.

Elastron S.A. - Steel Service Centers Daily Commodity Channel Index (CCI) ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current cmo is -1.91595262.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Elastron S.A. - Steel Service Centers Daily Chande Momentum Oscillator (CMO) ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current willr is -52.63157895.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Elastron is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Elastron S.A. - Steel Service Centers Daily Williams %R ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers.

Elastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current atr is 0.05354346.

Elastron S.A. - Steel Service Centers Daily Average True Range (ATR) ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current obv is 64,798.

Elastron S.A. - Steel Service Centers Daily On-Balance Volume (OBV) ChartElastron S.A. - Steel Service Centers 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 Elastron S.A. - Steel Service Centers. The current mfi is 22.37.

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

  • MFI < 50: -1
Elastron S.A. - Steel Service Centers Daily Money Flow Index (MFI) ChartElastron S.A. - Steel Service Centers Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Elastron S.A. - Steel Service Centers.

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
2024-05-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-06-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-13STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-07-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-11DMI 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.
2024-07-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-25MACD 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
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-07-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-30DMI 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.
2024-07-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-02STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-08-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-08-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-05MACD 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
2024-09-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-09-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-23BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-09-24STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-09-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-09-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-10-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-07WILLR 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-10MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Elastron S.A. - Steel Service Centers Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Elastron S.A. - Steel Service Centers based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.304
Ma 20Greater thanMa 502.064
Ma 50Greater thanMa 1002.107
Ma 100Greater thanMa 2002.170
OpenGreater thanClose2.060
Total1/5 (20.0%)
Penke
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