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ENX (Enegex) Stock Analysis
Buy, Hold or Sell?

Let's analyze Enegex together

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

  • πŸ“Š Fundamental Analysis (FA) – Enegex’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Enegex’s Price Targets

I'm going to help you getting a better view of Enegex 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.

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1. Quick Overview

1.1. Quick analysis of Enegex (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
A$0.01
Expected worth in 1 year
A$0.00
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
A$-0.01
Return On Investment
-48.5%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.016 - A$0.02
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Enegex (5 min.)




Live pricePrice per Share (EOD)
A$0.02
Intrinsic Value Per Share
A$-0.04 - A$-0.02
Total Value Per Share
A$-0.03 - A$-0.01

2.2. Growth of Enegex (5 min.)




Is Enegex growing?

Current yearPrevious yearGrowGrow %
How rich?$1.7m$2.3m-$546.7k-30.9%

How much money is Enegex making?

Current yearPrevious yearGrowGrow %
Making money-$588.3k-$1m$416.1k70.7%
Net Profit Margin0.0%-3,023.9%--

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

2.3. Financial Health of Enegex (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#624 / 810

Most Revenue
#337 / 810

Most Profit
#376 / 810

Most Efficient
#356 / 810
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3. Summary and Key Metrics

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

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

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

Speculation

The Price per Share of Enegex is A$0.018. 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 Enegex.
  • 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 Enegex, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

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

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-8.6%0.00-8.6%0.00-14.7%0.00-9.8%0.00-7.2%0.00-4.4%
Usd Book Value Change Per Share0.00-8.0%0.00-8.0%0.0014.2%0.004.9%0.005.2%0.001.9%
Usd Dividend Per Share0.000.0%0.000.0%0.002.3%0.000.8%0.000.6%0.000.3%
Usd Total Gains Per Share0.00-8.0%0.00-8.0%0.0016.5%0.005.7%0.005.8%0.002.2%
Usd Price Per Share0.01-0.01-0.01-0.02-0.03-0.02-
Price to Earnings Ratio-7.24--7.24--4.98--10.62--40.02--42.69-
Price-to-Total Gains Ratio-7.79--7.79-4.42-3.63--13.83--14,482.22-
Price to Book Ratio2.40-2.40-2.16-3.58--12.92-6,603.13-
Price-to-Total Gains Ratio-7.79--7.79-4.42-3.63--13.83--14,482.22-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0118332
Number of shares84507
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (84507 shares)-121.3087.49
Gains per Year (84507 shares)-485.20349.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-485-49536314340
20-970-98071629690
30-1456-14651079431040
40-1941-195014312571390
50-2426-243517815711740
60-2911-292021418862090
70-3396-340525022002440
80-3882-389028525142790
90-4367-437532128293140
100-4852-486035731433490

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%3.012.00.020.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%4.06.00.040.0%7.08.00.046.7%
Dividend per Share0.00.01.00.0%1.00.02.033.3%2.00.03.040.0%2.00.08.020.0%2.00.013.013.3%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%4.06.00.040.0%7.08.00.046.7%
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3.2. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.002-0.0020%0.004-156%0.001-263%0.001-254%0.001-522%
Book Value Per Share--0.0070.0070%0.009-24%0.007-2%0.005+44%0.002+187%
Current Ratio--7.3037.3030%25.707-72%12.356-41%8.976-19%8.580-15%
Debt To Asset Ratio--0.0840.0840%0.028+200%0.065+30%0.307-73%0.210-60%
Debt To Equity Ratio--0.0920.0920%0.029+218%0.070+31%0.067+37%0.099-8%
Dividend Per Share----0%0.001-100%0.000-100%0.000-100%0.000-100%
Enterprise Value--8030677.7288030677.7280%10094288.680-20%10406685.293-23%20611148.578-61%12892202.528-38%
Eps---0.002-0.0020%-0.004+71%-0.003+14%-0.002-16%-0.001-49%
Ev To Ebitda Ratio---13.775-13.7750%-17.678+28%-16.801+22%24.618-156%-123081.407+893429%
Free Cash Flow Per Share---0.002-0.0020%-0.001-31%-0.003+26%-0.002-15%-0.001-57%
Free Cash Flow To Equity Per Share---0.002-0.0020%0.006-134%0.001-283%0.001-264%0.001-373%
Gross Profit Margin--1.2941.2940%1.116+16%1.262+2%1.556-17%1.278+1%
Intrinsic Value_10Y_max---0.017----------
Intrinsic Value_10Y_min---0.040----------
Intrinsic Value_1Y_max---0.001----------
Intrinsic Value_1Y_min---0.003----------
Intrinsic Value_3Y_max---0.004----------
Intrinsic Value_3Y_min---0.010----------
Intrinsic Value_5Y_max---0.007----------
Intrinsic Value_5Y_min---0.018----------
Market Cap6856595.712+6%6475673.7286475673.7280%7618439.680-15%8888179.627-27%19579389.978-67%12376155.260-48%
Net Profit Margin----0%-30.2390%-21343.4130%-12946.0390%-6487.2750%
Operating Margin----0%-31.3280%-44380.6430%-26753.7390%-13391.7250%
Operating Ratio----0%12.305-100%21340.968-100%12944.416-100%6487.063-100%
Pb Ratio2.545+6%2.4042.4040%2.161+11%3.575-33%-12.920+637%6603.130-100%
Pe Ratio-7.661-6%-7.235-7.2350%-4.984-31%-10.619+47%-40.015+453%-42.686+490%
Price Per Share0.018+6%0.0170.0170%0.020-15%0.023-27%0.051-67%0.032-48%
Price To Free Cash Flow Ratio-8.380-6%-7.915-7.9150%-13.429+70%-9.569+21%-77.991+885%-16767.605+211752%
Price To Total Gains Ratio-8.244-6%-7.786-7.7860%4.423-276%3.631-314%-13.835+78%-14482.222+185905%
Quick Ratio--7.3037.3030%25.563-71%12.261-40%8.749-17%54.761-87%
Return On Assets---0.304-0.3040%-0.421+38%-0.338+11%-0.464+53%-248.316+81488%
Return On Equity---0.332-0.3320%-0.433+30%-0.360+8%-0.298-10%-297.725+89515%
Total Gains Per Share---0.002-0.0020%0.005-148%0.002-241%0.002-239%0.001-465%
Usd Book Value--1770994.1841770994.1840%2317763.625-24%1809999.917-2%1231836.251+44%616067.542+187%
Usd Book Value Change Per Share---0.001-0.0010%0.003-156%0.001-263%0.001-254%0.000-522%
Usd Book Value Per Share--0.0050.0050%0.006-24%0.005-2%0.003+44%0.002+187%
Usd Dividend Per Share----0%0.000-100%0.000-100%0.000-100%0.000-100%
Usd Enterprise Value--5279367.5385279367.5380%6635985.378-20%6841354.912-23%13549769.075-61%8475333.942-38%
Usd Eps---0.002-0.0020%-0.003+71%-0.002+14%-0.001-16%-0.001-49%
Usd Free Cash Flow---537867.588-537867.5880%-372945.229-31%-677729.736+26%-458322.948-15%-229218.388-57%
Usd Free Cash Flow Per Share---0.001-0.0010%-0.001-31%-0.002+26%-0.001-15%-0.001-57%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.004-134%0.001-283%0.001-264%0.001-373%
Usd Market Cap4507526.021+6%4257107.9094257107.9090%5008362.246-15%5843089.287-27%12871490.971-67%8136084.468-48%
Usd Price Per Share0.012+6%0.0110.0110%0.013-15%0.015-27%0.034-67%0.021-48%
Usd Profit---588373.000-588373.0000%-1004507.200+71%-671205.400+14%-491924.400-16%-300871.995-49%
Usd Revenue----0%33218.422-100%11074.999-100%6683.128-100%6181.532-100%
Usd Total Gains Per Share---0.001-0.0010%0.003-148%0.001-241%0.001-239%0.000-465%
 EOD+5 -3MRQTTM+0 -0YOY+10 -273Y+13 -245Y+8 -2910Y+13 -24

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-7.661
Price to Book Ratio (EOD)Between0-12.545
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than17.303
Current Ratio (MRQ)Greater than17.303
Debt to Asset Ratio (MRQ)Less than10.084
Debt to Equity Ratio (MRQ)Less than10.092
Return on Equity (MRQ)Greater than0.15-0.332
Return on Assets (MRQ)Greater than0.05-0.304
Total4/10 (40.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5075.030
Ma 20Greater thanMa 500.015
Ma 50Greater thanMa 1000.015
Ma 100Greater thanMa 2000.014
OpenGreater thanClose0.018
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Enegex Ltd

Enegex Limited explores for, evaluates, and invests in natural resource properties in Australia. The company explores for nickel, copper, and PGE deposits. It holds 100% interests in the West Yilgarn project that covers ana area of totaling 1,755 square kilometers in the West Yilgarn province. Enegex Limited was incorporated in 2012 and is based in Cottesloe, Australia.

Fundamental data was last updated by Penke on 2025-06-17 13:17:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

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

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
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 profitΒ Enegex earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareΒ Enegex to theΒ Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 0.0%Β means thatΒ $0.00 for each $1Β in revenue is generated as profit.

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-3,023.9%+3,023.9%
TTM-5Y-1,294,603.9%+1,294,603.9%
5Y-1,294,603.9%10Y-648,727.5%-645,876.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--5.9%+5.9%
TTM--10.7%+10.7%
YOY-3,023.9%-76.6%-2,947.3%
3Y-2,134,341.3%-104.4%-2,134,236.9%
5Y-1,294,603.9%-182.3%-1,294,421.6%
10Y-648,727.5%-729.4%-647,998.1%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Enegex is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Enegex to theΒ Other Industrial Metals & Mining industry mean.
  • -30.4% Return on Assets means thatΒ Enegex generatedΒ $-0.30 profit for each $1 in assets.

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

  • The MRQ is -30.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -30.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-30.4%TTM-30.4%0.0%
TTM-30.4%YOY-42.1%+11.7%
TTM-30.4%5Y-46.4%+16.0%
5Y-46.4%10Y-24,831.6%+24,785.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-30.4%-6.9%-23.5%
TTM-30.4%-7.5%-22.9%
YOY-42.1%-7.2%-34.9%
3Y-33.8%-9.1%-24.7%
5Y-46.4%-9.2%-37.2%
10Y-24,831.6%-15.4%-24,816.2%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compareΒ Enegex to theΒ Other Industrial Metals & Mining industry mean.
  • -33.2% Return on Equity means Enegex generated $-0.33Β for eachΒ $1 the owners (shareholders) invested.

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

  • The MRQ is -33.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -33.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-33.2%TTM-33.2%0.0%
TTM-33.2%YOY-43.3%+10.1%
TTM-33.2%5Y-29.8%-3.4%
5Y-29.8%10Y-29,772.5%+29,742.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-33.2%-7.2%-26.0%
TTM-33.2%-8.2%-25.0%
YOY-43.3%-7.5%-35.8%
3Y-36.0%-10.0%-26.0%
5Y-29.8%-10.1%-19.7%
10Y-29,772.5%-15.1%-29,757.4%
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4.3.2. Operating Efficiency of Enegex Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Enegex is operatingΒ .

  • Measures how much profit Enegex makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Enegex to theΒ Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 0.0%Β means the company generated $0.00 Β for each $1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-3,132.8%+3,132.8%
TTM-5Y-2,675,373.9%+2,675,373.9%
5Y-2,675,373.9%10Y-1,339,172.5%-1,336,201.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--286.5%+286.5%
TTM--153.4%+153.4%
YOY-3,132.8%-84.5%-3,048.3%
3Y-4,438,064.3%-159.6%-4,437,904.7%
5Y-2,675,373.9%-190.4%-2,675,183.5%
10Y-1,339,172.5%-673.9%-1,338,498.6%
4.3.2.2. Operating Ratio

Measures how efficient Enegex is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

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

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY12.305-12.305
TTM-5Y12,944.416-12,944.416
5Y12,944.41610Y6,487.063+6,457.353
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.873-1.873
TTM-1.868-1.868
YOY12.3052.015+10.290
3Y21,340.9682.556+21,338.412
5Y12,944.4163.872+12,940.544
10Y6,487.0638.907+6,478.156
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4.4.3. Liquidity of Enegex Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare toΒ Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 7.30Β means the company has $7.30 in assets for each $1 in short-term debts.

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

  • The MRQ is 7.303. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.303. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.303TTM7.3030.000
TTM7.303YOY25.707-18.404
TTM7.3035Y8.976-1.673
5Y8.97610Y8.580+0.396
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.3031.792+5.511
TTM7.3031.921+5.382
YOY25.7072.514+23.193
3Y12.3563.121+9.235
5Y8.9763.937+5.039
10Y8.5804.516+4.064
4.4.3.2. Quick Ratio

Measures if Enegex is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Enegex to theΒ Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 7.30Β means the company can pay off $7.30 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 7.303. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.303. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.303TTM7.3030.000
TTM7.303YOY25.563-18.261
TTM7.3035Y8.749-1.446
5Y8.74910Y54.761-46.011
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.3030.735+6.568
TTM7.3030.775+6.528
YOY25.5631.602+23.961
3Y12.2611.866+10.395
5Y8.7492.387+6.362
10Y54.7613.252+51.509
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4.5.4. Solvency of Enegex Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of EnegexΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Enegex to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.08Β means that Enegex assets areΒ financed with 8.4% credit (debt) and the remaining percentage (100% - 8.4%)Β is financed by its owners/shareholders.Β 

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

  • The MRQ is 0.084. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.084. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.084TTM0.0840.000
TTM0.084YOY0.028+0.056
TTM0.0845Y0.307-0.223
5Y0.30710Y0.210+0.097
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0840.205-0.121
TTM0.0840.207-0.123
YOY0.0280.183-0.155
3Y0.0650.199-0.134
5Y0.3070.227+0.080
10Y0.2100.263-0.053
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Enegex is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Enegex to theΒ Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 9.2% means that company has $0.09 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.092. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.092. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.092TTM0.0920.000
TTM0.092YOY0.029+0.063
TTM0.0925Y0.067+0.025
5Y0.06710Y0.099-0.032
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0920.189-0.097
TTM0.0920.194-0.102
YOY0.0290.195-0.166
3Y0.0700.208-0.138
5Y0.0670.218-0.151
10Y0.0990.279-0.180
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every $1 in earnings Enegex generates.

  • Above 15 is considered overpriced butΒ always compareΒ Enegex to theΒ Other Industrial Metals & Mining industry mean.
  • A PE ratio of -7.24 means the investor is paying $-7.24Β for every $1 in earnings.

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

  • The EOD is -7.661. Based on the earnings, the company is expensive. -2
  • The MRQ is -7.235. Based on the earnings, the company is expensive. -2
  • The TTM is -7.235. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.661MRQ-7.235-0.426
MRQ-7.235TTM-7.2350.000
TTM-7.235YOY-4.984-2.251
TTM-7.2355Y-40.015+32.780
5Y-40.01510Y-42.686+2.671
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-7.661-3.827-3.834
MRQ-7.235-4.703-2.532
TTM-7.235-4.840-2.395
YOY-4.984-7.390+2.406
3Y-10.619-8.148-2.471
5Y-40.015-10.425-29.590
10Y-42.686-11.598-31.088
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 Enegex Ltd:

  • The EOD is -8.380. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.915. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.915. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.380MRQ-7.915-0.466
MRQ-7.915TTM-7.9150.000
TTM-7.915YOY-13.429+5.514
TTM-7.9155Y-77.991+70.076
5Y-77.99110Y-16,767.605+16,689.614
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-8.380-5.375-3.005
MRQ-7.915-5.722-2.193
TTM-7.915-5.731-2.184
YOY-13.429-6.905-6.524
3Y-9.569-8.600-0.969
5Y-77.991-11.862-66.129
10Y-16,767.605-14.598-16,753.007
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Enegex is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 2.40 means the investor is paying $2.40Β for each $1 in book value.

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

  • The EOD is 2.545. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.404. Based on the equity, the company is underpriced. +1
  • The TTM is 2.404. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.545MRQ2.404+0.141
MRQ2.404TTM2.4040.000
TTM2.404YOY2.161+0.243
TTM2.4045Y-12.920+15.323
5Y-12.92010Y6,603.130-6,616.050
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD2.5451.224+1.321
MRQ2.4041.305+1.099
TTM2.4041.353+1.051
YOY2.1611.862+0.299
3Y3.5752.016+1.559
5Y-12.9202.611-15.531
10Y6,603.1302.944+6,600.186
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

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

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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets2,941
Total Liabilities247
Total Stockholder Equity2,694
 As reported
Total Liabilities 247
Total Stockholder Equity+ 2,694
Total Assets = 2,941

Assets

Total Assets2,941
Total Current Assets1,802
Long-term Assets1,139
Total Current Assets
Cash And Cash Equivalents 1,802
Total Current Assets  (as reported)1,802
Total Current Assets  (calculated)1,802
+/-0
Long-term Assets
Property Plant Equipment 1,139
Long-term Assets  (as reported)1,139
Long-term Assets  (calculated)1,139
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities247
Long-term Liabilities0
Total Stockholder Equity2,694
Total Current Liabilities
Accounts payable 125
Other Current Liabilities 122
Total Current Liabilities  (as reported)247
Total Current Liabilities  (calculated)247
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock7,248
Retained Earnings -4,960
Accumulated Other Comprehensive Income 406
Total Stockholder Equity (as reported)2,694
Total Stockholder Equity (calculated)2,694
+/-0
Other
Capital Stock7,248
Cash and Short Term Investments 1,802
Common Stock Shares Outstanding 289,430
Liabilities and Stockholders Equity 2,941
Net Debt -1,802
Net Invested Capital 2,694
Net Working Capital 1,555
Property Plant and Equipment Gross 1,139



5.2. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-12-312013-06-302012-06-302011-06-30
> Total Assets 
10,214,487
11,404,025
12,174,542
10,882,728
826
1
1
1
1
0
215
1,302
2,222
3,627
2,941
2,9413,6272,2221,3022150111182610,882,72812,174,54211,404,02510,214,487
   > Total Current Assets 
918,293
1,304,396
1,087,380
1,249,310
759
0
1
0
0
0
196
1,017
738
2,609
1,802
1,8022,6097381,017196000107591,249,3101,087,3801,304,396918,293
       Cash And Cash Equivalents 
237,121
334,769
186,706
347,621
757
0
1
0
0
0
50
962
706
2,577
1,802
1,8022,5777069625000010757347,621186,706334,769237,121
       Short-term Investments 
0
0
11,390
123
0
0
0
0
0
0
-20
-21
-11
0
0
00-11-21-2000000012311,39000
       Net Receivables 
323,567
483,296
416,412
389,600
2
6
9
4
3
3
6
41
17
17
0
01717416334962389,600416,412483,296323,567
       Inventory 
183,706
300,658
394,125
445,824
0
-6
-9
-4
-3
-3
140
14
15
15
0
0151514140-3-3-4-9-60445,824394,125300,658183,706
       Other Current Assets 
132,711
117,653
0
0
0
0
0
0
0
30
140
15
15
0
0
001515140300000000117,653132,711
   > Long-term Assets 
0
0
0
0
66
0
0
0
0
0
20
285
1,484
1,018
1,139
1,1391,0181,4842852000000660000
       Property Plant Equipment 
7,571,293
8,191,140
9,964,721
8,554,209
66
0
0
0
0
0
264
0
1
1,018
1,139
1,1391,0181026400000668,554,2099,964,7218,191,1407,571,293
       Goodwill 
349,829
349,829
349,829
702
0
0
0
0
0
0
0
0
0
0
0
00000000000702349,829349,829349,829
       Long Term Investments 
58,812
60,837
60,983
61,501
0
0
0
23
28
25
20
21
11
0
0
0011212025282300061,50160,98360,83758,812
       Intangible Assets 
2,308
11,166
19,694
17,632
0
0
0
0
0
0
0
0
0
0
0
0000000000017,63219,69411,1662,308
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
263
1,472
1,017
0
01,0171,47226300000000000
> Total Liabilities 
5,226,872
5,699,279
6,121,564
6,934,471
102
0
0
0
0
0
265
144
182
101
247
247101182144265000001026,934,4716,121,5645,699,2795,226,872
   > Total Current Liabilities 
711,840
1,173,756
867,346
1,046,957
102
0
0
0
0
0
265
144
182
101
247
247101182144265000001021,046,957867,3461,173,756711,840
       Short-term Debt 
3,077,765
3,263,110
3,265,265
3,446,975
0
0
0
0
0
131
131
0
0
0
0
0000131131000003,446,9753,265,2653,263,1103,077,765
       Short Long Term Debt 
3,077,765
3,263,110
3,265,265
3,446,975
0
0
0
0
0
0
131
0
0
0
0
00001310000003,446,9753,265,2653,263,1103,077,765
       Accounts payable 
521,633
778,581
709,727
850,918
102
77
21
15
18
19
29
47
83
71
125
125718347291918152177102850,918709,727778,581521,633
       Other Current Liabilities 
41,510
39,201
28,397
56,421
102
-77
-21
18
16
20
106
96
98
30
122
122309896106201618-21-7710256,42128,39739,20141,510
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
131
0
83
0
0
008301310000000000
> Total Stockholder Equity
4,464,369
5,152,324
5,516,367
3,696,878
724
0
1
1
0
0
-49
1,159
2,040
3,526
2,694
2,6943,5262,0401,159-49001107243,696,8785,516,3675,152,3244,464,369
   Common Stock
0
0
0
0
1,097
1
1
1
1
1
1,367
2,930
4,383
7,248
7,248
7,2487,2484,3832,9301,367111111,0970000
   Retained Earnings 
2,698,930
3,403,133
3,776,099
1,963,815
-373
-1
-1
-1
-1
-1
-1,415
-1,890
-2,530
-4,065
-4,960
-4,960-4,065-2,530-1,890-1,415-1-1-1-1-1-3731,963,8153,776,0993,403,1332,698,930
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
1,765,439
1,749,191
1,740,268
1,733,063
0
1,096
-1,364
-2
-7
-3
0
118
188
343
0
03431881180-3-7-2-1,3641,09601,733,0631,740,2681,749,1911,765,439



5.3. Balance Sheets

Currency in AUD. All numbers in thousands.




5.4. Cash Flows

Currency in AUD. All numbers in thousands.




5.5. Income Statements

Currency in AUD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-576
Operating Income-576-576
 
Operating Expense (+$)
Research Development0
Selling General Administrative313
Selling And Marketing Expenses263
Operating Expense576576
 
Net Interest Income (+$)
Interest Income43
Interest Expense-0
Other Finance Cost-0
Net Interest Income43
 
Pretax Income (+$)
Operating Income-576
Net Interest Income43
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-895-258
EBIT - interestExpense = -937
-1,256
-895
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-937-895
Earnings Before Interest and Taxes (EBITDA)-583
 
After tax Income (+$)
Income Before Tax-895
Tax Provision-0
Net Income From Continuing Ops-895-895
Net Income-895
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses576
Total Other Income/Expenses Net-318-43
 

Technical Analysis of Enegex
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 Enegex. The general trend of Enegex is BULLISH with 71.4% 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 Enegex'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 (71.4%) Bearish trend (-71.4%)
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. Enegex 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.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ 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 Enegex Ltd.

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: 0.02 < 0.02 < 0.02.

The bearish price targets are: 0.017 > 0.016 > 0.016.

Know someone who trades $ENX? Share this with them.πŸ‘‡

Enegex Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ 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 Enegex Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-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 lower 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 lower 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

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

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ 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 Enegex Ltd. The current macd is 0.00073749.

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 Enegex price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Enegex. 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 Enegex 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
Enegex Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEnegex 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 Enegex Ltd. The current adx is 37.42.

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 Enegex 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.
Enegex 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.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Enegex Ltd. The current sar is 0.0132768.

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
Enegex Ltd 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 momentumΒ indicator, meaning the signals are instant.
  • RangesΒ 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 Enegex Ltd. The current rsi is 75.03. The current phase is Overbought in bull market.

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

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Enegex Ltd Daily Relative Strength Index (RSI) ChartEnegex Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ 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 Enegex Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Enegex price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Enegex Ltd Daily Stochastic Oscillator ChartEnegex 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,Β 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 Enegex Ltd. The current cci is 150.72.

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
Enegex Ltd Daily Commodity Channel Index (CCI) ChartEnegex 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 Enegex Ltd. The current cmo is 62.23.

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
Enegex Ltd Daily Chande Momentum Oscillator (CMO) ChartEnegex Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

  • Lagging momentum indicator
  • Ranging between 0 andΒ -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 Enegex Ltd. The current willr is 0.

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

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

Score

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

Enegex 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 Enegex Ltd. The current atr is 0.00050181.

Enegex Ltd Daily Average True Range (ATR) ChartEnegex Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β 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 Enegex Ltd. The current obv is -6,955,805.

Enegex Ltd Daily On-Balance Volume (OBV) ChartEnegex 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 Enegex Ltd. The current mfi is 84.94.

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

  • MFI > 50: +1
  • MFI > 80: +1
Enegex Ltd Daily Money Flow Index (MFI) ChartEnegex Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Enegex 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
2025-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-02-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-28DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-01BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-13MACD 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.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-07-01MACD 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
WILLR LONG ENTRY SHORT CLOSE-20 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 CLOSE20 crossover to upside
2025-07-03STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Enegex Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5075.030
Ma 20Greater thanMa 500.015
Ma 50Greater thanMa 1000.015
Ma 100Greater thanMa 2000.014
OpenGreater thanClose0.018
Total2/5 (40.0%)
Penke
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