25 XP   0   0   10

Emerald Finance Ltd
Buy, Hold or Sell?

Let's analyse Emerald Finance Ltd together

PenkeI guess you are interested in Emerald Finance 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 Emerald Finance 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.

Get notifications about Emerald Finance Ltd

I send you an email if I find something interesting about Emerald Finance Ltd.

Quick analysis of Emerald Finance Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR-134.40
Expected worth in 1 year
INR-215.34
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
INR-80.94
Return On Investment
-221.0%

For what price can you sell your share?

Current Price per Share
INR36.63
Expected price per share
INR28.45 - INR
How sure are you?
50%

1. Valuation of Emerald Finance Ltd (5 min.)




Live pricePrice per Share (EOD)

INR36.63

Intrinsic Value Per Share

INR-70.76 - INR15.39

Total Value Per Share

INR-205.16 - INR-119.01

2. Growth of Emerald Finance Ltd (5 min.)




Is Emerald Finance Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?-$8m-$6.8m-$1.2m-15.1%

How much money is Emerald Finance Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.2m-$1.4m$260.4k21.4%
Net Profit Margin-68.7%-143.7%--

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

3. Financial Health of Emerald Finance Ltd (5 min.)




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

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

What can you expect buying and holding a share of Emerald Finance Ltd?

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

Speculation

The Price per Share of Emerald Finance Ltd is INR36.63. 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 Emerald Finance 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 Emerald Finance 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 INR-134.40. Based on the TTM, the Book Value Change Per Share is INR-20.23 per quarter. Based on the YOY, the Book Value Change Per Share is INR22.92 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Emerald Finance Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.24-0.7%-0.24-0.7%-0.30-0.8%-0.15-0.4%-0.13-0.3%
Usd Book Value Change Per Share-0.24-0.7%-0.24-0.7%0.280.8%-0.11-0.3%-0.27-0.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.24-0.7%-0.24-0.7%0.280.8%-0.11-0.3%-0.27-0.7%
Usd Price Per Share0.28-0.28-0.20-0.17-0.14-
Price to Earnings Ratio-1.16--1.16--0.67-2.79-2.33-
Price-to-Total Gains Ratio-1.16--1.16-0.72-2.24-2.24-
Price to Book Ratio-0.18--0.18--0.14-0.19-0.16-
Price-to-Total Gains Ratio-1.16--1.16-0.72-2.24-2.24-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.43956
Number of shares2275
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.24-0.11
Usd Total Gains Per Share-0.24-0.11
Gains per Quarter (2275 shares)-552.40-255.12
Gains per Year (2275 shares)-2,209.59-1,020.49
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-2210-22200-1020-1030
20-4419-44300-2041-2050
30-6629-66400-3061-3070
40-8838-88500-4082-4090
50-11048-110600-5102-5110
60-13258-132700-6123-6130
70-15467-154800-7143-7150
80-17677-176900-8164-8170
90-19886-199000-9184-9190
100-22096-221100-10205-10210

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%2.03.00.040.0%3.03.00.050.0%3.03.00.050.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%3.03.00.050.0%3.03.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%3.03.00.050.0%3.03.00.050.0%

Fundamentals of Emerald Finance Ltd

About Emerald Finance Ltd

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.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.

Valuation

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

1.1. Profitability of Emerald Finance Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Emerald Finance Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Emerald Finance Ltd to the  industry mean.
  • A Net Profit Margin of -68.7% means that ₹-0.69 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Emerald Finance Ltd:

  • The MRQ is -68.7%. The company is making a huge loss. -2
  • The TTM is -68.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-68.7%TTM-68.7%0.0%
TTM-68.7%YOY-143.7%+74.9%
TTM-68.7%5Y-81.3%+12.5%
5Y-81.3%10Y-86.1%+4.8%
1.1.2. Return on Assets

Shows how efficient Emerald Finance Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Emerald Finance Ltd to the  industry mean.
  • -14.4% Return on Assets means that Emerald Finance Ltd generated ₹-0.14 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Emerald Finance Ltd:

  • The MRQ is -14.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -14.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-14.4%TTM-14.4%0.0%
TTM-14.4%YOY-16.7%+2.2%
TTM-14.4%5Y-6.2%-8.2%
5Y-6.2%10Y-7.6%+1.4%
1.1.3. Return on Equity

Shows how efficient Emerald Finance Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Emerald Finance Ltd to the  industry mean.
  • 0.0% Return on Equity means Emerald Finance Ltd generated ₹0.00 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Emerald Finance Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y3.4%-3.4%
5Y3.4%10Y2.8%+0.6%

1.2. Operating Efficiency of Emerald Finance Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Emerald Finance Ltd is operating .

  • Measures how much profit Emerald Finance 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 Emerald Finance Ltd to the  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 Emerald Finance Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y10.7%-10.7%
5Y10.7%10Y10.1%+0.7%
1.2.2. Operating Ratio

Measures how efficient Emerald Finance Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.63 means that the operating costs are ₹0.63 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Emerald Finance Ltd:

  • The MRQ is 0.630. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.630. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.630TTM0.6300.000
TTM0.630YOY0.762-0.132
TTM0.6305Y0.817-0.187
5Y0.81710Y0.721+0.096

1.3. Liquidity of Emerald Finance Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Emerald Finance Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 0.04 means the company has ₹0.04 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Emerald Finance Ltd:

  • The MRQ is 0.038. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.038. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.038TTM0.0380.000
TTM0.038YOY0.0380.000
TTM0.0385Y5.441-5.404
5Y5.44110Y5.748-0.306
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Emerald Finance Ltd to the  industry mean.
  • A Quick Ratio of 0.02 means the company can pay off ₹0.02 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Emerald Finance Ltd:

  • The MRQ is 0.022. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.022. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.022TTM0.0220.000
TTM0.022YOY0.022+0.000
TTM0.0225Y4.446-4.424
5Y4.44610Y4.671-0.224

1.4. Solvency of Emerald Finance Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Emerald Finance Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Emerald Finance Ltd to industry mean.
  • A Debt to Asset Ratio of 1.96 means that Emerald Finance Ltd assets are financed with 195.7% credit (debt) and the remaining percentage (100% - 195.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Emerald Finance Ltd:

  • The MRQ is 1.957. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.957. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ1.957TTM1.9570.000
TTM1.957YOY1.773+0.184
TTM1.9575Y1.188+0.770
5Y1.18810Y1.219-0.031
1.4.2. Debt to Equity Ratio

Measures if Emerald Finance Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Emerald Finance Ltd to the  industry mean.
  • A Debt to Equity ratio of 0.0% means that company has ₹0.00 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Emerald Finance Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.081-0.081
5Y0.08110Y0.068+0.014

2. Market Valuation of Emerald Finance 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 Emerald Finance Ltd generates.

  • Above 15 is considered overpriced but always compare Emerald Finance Ltd to the  industry mean.
  • A PE ratio of -1.16 means the investor is paying ₹-1.16 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Emerald Finance Ltd:

  • The EOD is -1.808. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.161. Based on the earnings, the company is expensive. -2
  • The TTM is -1.161. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.808MRQ-1.161-0.647
MRQ-1.161TTM-1.1610.000
TTM-1.161YOY-0.669-0.493
TTM-1.1615Y2.794-3.956
5Y2.79410Y2.329+0.466
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 12.681. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.146. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.146. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD12.681MRQ8.146+4.535
MRQ8.146TTM8.1460.000
TTM8.146YOY-0.356+8.502
TTM8.1465Y1.022+7.124
5Y1.02210Y0.851+0.170
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of -0.18 means the investor is paying ₹-0.18 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Emerald Finance Ltd:

  • The EOD is -0.273. Based on the equity, the company is expensive. -2
  • The MRQ is -0.175. Based on the equity, the company is expensive. -2
  • The TTM is -0.175. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.273MRQ-0.175-0.097
MRQ-0.175TTM-0.1750.000
TTM-0.175YOY-0.144-0.031
TTM-0.1755Y0.191-0.366
5Y0.19110Y0.159+0.032
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Emerald Finance 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---20.234-20.2340%22.922-188%-9.345-54%-22.400+11%
Book Value Per Share---134.400-134.4000%-114.166-15%-71.972-46%-74.589-45%
Current Ratio--0.0380.0380%0.038-1%5.441-99%5.748-99%
Debt To Asset Ratio--1.9571.9570%1.773+10%1.188+65%1.219+61%
Debt To Equity Ratio----0%-0%0.081-100%0.068-100%
Dividend Per Share----0%-0%-0%-0%
Eps---20.259-20.2590%-24.595+21%-12.860-37%-10.476-48%
Free Cash Flow Per Share--2.8892.8890%-46.218+1700%-8.956+410%-7.442+358%
Free Cash Flow To Equity Per Share--9.1929.1920%-48.943+632%-7.545+182%-5.685+162%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--15.386--------
Intrinsic Value_10Y_min---70.764--------
Intrinsic Value_1Y_max---6.708--------
Intrinsic Value_1Y_min---11.168--------
Intrinsic Value_3Y_max---13.867--------
Intrinsic Value_3Y_min---30.223--------
Intrinsic Value_5Y_max---13.446--------
Intrinsic Value_5Y_min---45.480--------
Market Cap--117795886.000117795886.0000%82351990.000+43%92920240.537+27%77433533.781+52%
Net Profit Margin---0.687-0.6870%-1.437+109%-0.813+18%-0.861+25%
Operating Margin----0%-0%0.107-100%0.101-100%
Operating Ratio--0.6300.6300%0.762-17%0.817-23%0.721-13%
Pb Ratio-0.273-56%-0.175-0.1750%-0.144-18%0.191-192%0.159-210%
Pe Ratio-1.808-56%-1.161-1.1610%-0.669-42%2.794-142%2.329-150%
Price Per Share36.630+36%23.53023.5300%16.450+43%14.001+68%11.667+102%
Price To Free Cash Flow Ratio12.681+36%8.1468.1460%-0.356+104%1.022+697%0.851+857%
Price To Total Gains Ratio-1.810-56%-1.163-1.1630%0.718-262%2.242-152%2.242-152%
Quick Ratio--0.0220.0220%0.022+1%4.446-100%4.671-100%
Return On Assets---0.144-0.1440%-0.167+15%-0.062-57%-0.076-48%
Return On Equity----0%-0%0.034-100%0.028-100%
Total Gains Per Share---20.234-20.2340%22.922-188%-9.345-54%-22.400+11%
Usd Book Value---8074020.000-8074020.0000%-6858456.000-15%-3921627.000-51%-3952970.240-51%
Usd Book Value Change Per Share---0.243-0.2430%0.275-188%-0.112-54%-0.269+11%
Usd Book Value Per Share---1.613-1.6130%-1.370-15%-0.864-46%-0.895-45%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.243-0.2430%-0.295+21%-0.154-37%-0.126-48%
Usd Free Cash Flow--173533.200173533.2000%-2776505.535+1700%-656583.507+478%-546178.922+415%
Usd Free Cash Flow Per Share--0.0350.0350%-0.555+1700%-0.107+410%-0.089+358%
Usd Free Cash Flow To Equity Per Share--0.1100.1100%-0.587+632%-0.091+182%-0.068+162%
Usd Market Cap--1413550.6321413550.6320%988223.880+43%1115042.886+27%929202.405+52%
Usd Price Per Share0.440+36%0.2820.2820%0.197+43%0.168+68%0.140+102%
Usd Profit---1217040.000-1217040.0000%-1477512.000+21%-739021.704-39%-877562.180-28%
Usd Revenue--1770444.0001770444.0000%1028400.000+72%1022105.664+73%1089650.340+62%
Usd Total Gains Per Share---0.243-0.2430%0.275-188%-0.112-54%-0.269+11%
 EOD+3 -3MRQTTM+0 -0YOY+18 -125Y+14 -1910Y+18 -15

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.808
Price to Book Ratio (EOD)Between0-1-0.273
Net Profit Margin (MRQ)Greater than0-0.687
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.022
Current Ratio (MRQ)Greater than10.038
Debt to Asset Ratio (MRQ)Less than11.957
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.144
Total1/10 (10.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.591
Ma 20Greater thanMa 5031.230
Ma 50Greater thanMa 10028.322
Ma 100Greater thanMa 20026.115
OpenGreater thanClose37.000
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets702,848
Total Liabilities1,375,683
Total Stockholder Equity-672,835
 As reported
Total Liabilities 1,375,683
Total Stockholder Equity+ -672,835
Total Assets = 702,848

Assets

Total Assets702,848
Total Current Assets30,281
Long-term Assets22,692
Total Current Assets
Cash And Cash Equivalents 4,073
Short-term Investments 2,000
Net Receivables 9,618
Inventory 7,073
Other Current Assets 1,903
Total Current Assets  (as reported)30,281
Total Current Assets  (calculated)24,667
+/- 5,614
Long-term Assets
Property Plant Equipment 1,057
Long-term Assets Other 6,032
Long-term Assets  (as reported)22,692
Long-term Assets  (calculated)7,089
+/- 15,603

Liabilities & Shareholders' Equity

Total Current Liabilities798,896
Long-term Liabilities82,606
Total Stockholder Equity-672,835
Total Current Liabilities
Short-term Debt 597,004
Short Long Term Debt 62,409
Accounts payable 3,255
Total Current Liabilities  (as reported)798,896
Total Current Liabilities  (calculated)662,668
+/- 136,228
Long-term Liabilities
Long term Debt Total 502,768
Capital Lease Obligations Min Short Term Debt-597,004
Long-term Liabilities Other 2,340
Long-term Liabilities  (as reported)82,606
Long-term Liabilities  (calculated)-91,896
+/- 174,502
Total Stockholder Equity
Common Stock25,031
Retained Earnings -697,866
Total Stockholder Equity (as reported)-672,835
Total Stockholder Equity (calculated)-672,835
+/-0
Other
Capital Stock301,437
Cash and Short Term Investments 6,073
Common Stock Shares Outstanding 5,006
Liabilities and Stockholders Equity 702,848
Net Invested Capital 496,761
Net Working Capital 502,573
Property Plant and Equipment Gross 3,053



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
911,390
160,927
195,655
776,940
739,390
702,848
702,848739,390776,940195,655160,927911,3900
   > Total Current Assets 
46,786
72,781
160,143
194,859
27,040
27,733
30,281
30,28127,73327,040194,859160,14372,78146,786
       Cash And Cash Equivalents 
0
5,139
43,099
15,939
2,551
3,695
4,073
4,0733,6952,55115,93943,0995,1390
       Short-term Investments 
0
0
500
3,500
3,066
2,000
2,000
2,0002,0003,0663,50050000
       Net Receivables 
41,547
52,770
112,676
172,351
7,855
8,309
9,618
9,6188,3097,855172,351112,67652,77041,547
       Other Current Assets 
1,012
2,324
4,368
6,569
3,488
1,489
1,903
1,9031,4893,4886,5694,3682,3241,012
   > Long-term Assets 
0
0
784
796
539
3,678
22,692
22,6923,67853979678400
       Property Plant Equipment 
333
407
784
796
539
678
1,057
1,057678539796784407333
       Other Assets 
0
1,721
9,080
8,985
8,617
8,685
4,384
4,3848,6858,6178,9859,0801,7210
> Total Liabilities 
0
1,253,863
16,833
43,097
1,463,230
1,310,928
1,375,683
1,375,6831,310,9281,463,23043,09716,8331,253,8630
   > Total Current Liabilities 
3,632
10,000
10,140
17,247
674,634
727,524
798,896
798,896727,524674,63417,24710,14010,0003,632
       Short-term Debt 
0
401,575
378,442
364,347
384,542
432,436
597,004
597,004432,436384,542364,347378,442401,5750
       Short Long Term Debt 
0
0
0
0
0
10,000
62,409
62,40910,00000000
       Accounts payable 
0
0
0
0
0
0
3,255
3,255000000
       Other Current Liabilities 
2,654
6,503
4,665
5,027
23,037
11,702
0
011,70223,0375,0274,6656,5032,654
   > Long-term Liabilities 
0
0
6,693
25,850
26,861
38,497
82,606
82,60638,49726,86125,8506,69300
       Long term Debt Total 
0
578,859
664,284
691,495
727,391
515,965
502,768
502,768515,965727,391691,495664,284578,8590
> Total Stockholder Equity
0
-342,474
142,018
149,149
-686,290
-571,538
-672,835
-672,835-571,538-686,290149,149142,018-342,4740
   Retained Earnings 
3,913
9,557
20,039
29,837
-711,321
-596,569
-697,866
-697,866-596,569-711,32129,83720,0399,5573,913
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue147,537
Cost of Revenue-24,787
Gross Profit122,750122,750
 
Operating Income (+$)
Gross Profit122,750
Operating Expense-68,163
Operating Income27,47554,587
 
Operating Expense (+$)
Research Development0
Selling General Administrative17,426
Selling And Marketing Expenses0
Operating Expense68,16317,426
 
Net Interest Income (+$)
Interest Income88,320
Interest Expense-532
Other Finance Cost-88,341
Net Interest Income-553
 
Pretax Income (+$)
Operating Income27,475
Net Interest Income-553
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-99,69927,475
EBIT - interestExpense = -532
-101,420
-100,889
Interest Expense532
Earnings Before Interest and Taxes (EBIT)0-99,168
Earnings Before Interest and Taxes (EBITDA)47,227
 
After tax Income (+$)
Income Before Tax-99,699
Tax Provision-1,721
Net Income From Continuing Ops34,527-101,420
Net Income-101,420
Net Income Applicable To Common Shares-101,420
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0553
 

Technical Analysis of Emerald Finance 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 Emerald Finance Ltd. The general trend of Emerald Finance Ltd is BULLISH with 100.0% 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 Emerald Finance 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 (100.0%) Bearish trend (-100.0%)
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 Emerald Finance Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 36.60 > 29.89 > 28.45.

Tweet this
Emerald Finance 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 Emerald Finance Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-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 higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Emerald Finance 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 Emerald Finance Ltd. The current macd is 2.18941307.

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 Emerald Finance 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 Emerald Finance 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 Emerald Finance 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
Emerald Finance Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEmerald Finance 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 Emerald Finance Ltd. The current adx is 29.50.

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 Emerald Finance 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.
Emerald Finance 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 Emerald Finance Ltd. The current sar is 30.91.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Emerald Finance 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 Emerald Finance Ltd. The current rsi is 70.59. The current phase is Overbought in bull market.

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

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Emerald Finance Ltd Daily Relative Strength Index (RSI) ChartEmerald Finance 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 Emerald Finance Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Emerald Finance Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Emerald Finance Ltd Daily Stochastic Oscillator ChartEmerald Finance 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 Emerald Finance Ltd. The current cci is 170.25.

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
Emerald Finance Ltd Daily Commodity Channel Index (CCI) ChartEmerald Finance 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 Emerald Finance Ltd. The current cmo is 50.53.

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
Emerald Finance Ltd Daily Chande Momentum Oscillator (CMO) ChartEmerald Finance 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 Emerald Finance Ltd. The current willr is -22.73092369.

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 Emerald Finance Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Emerald Finance Ltd Daily Williams %R ChartEmerald Finance 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 Emerald Finance Ltd.

Emerald Finance 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 Emerald Finance Ltd. The current atr is 3.35318916.

Emerald Finance Ltd Daily Average True Range (ATR) ChartEmerald Finance 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 Emerald Finance Ltd. The current obv is 4,350,637.

Emerald Finance Ltd Daily On-Balance Volume (OBV) ChartEmerald Finance 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 Emerald Finance Ltd. The current mfi is 64.28.

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
Emerald Finance Ltd Daily Money Flow Index (MFI) ChartEmerald Finance Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Emerald Finance 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
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR 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
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH 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
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12MACD 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08CMO 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).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Emerald Finance Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.591
Ma 20Greater thanMa 5031.230
Ma 50Greater thanMa 10028.322
Ma 100Greater thanMa 20026.115
OpenGreater thanClose37.000
Total5/5 (100.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Emerald Finance Ltd with someone you think should read this too:
  • Are you bullish or bearish on Emerald Finance Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Emerald Finance Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Emerald Finance Ltd

I send you an email if I find something interesting about Emerald Finance Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Emerald Finance Ltd.

Receive notifications about Emerald Finance Ltd in your mailbox!