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Ecofibre Ltd
Buy, Hold or Sell?

Let's analyse Ecofibre together

PenkeI guess you are interested in Ecofibre 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 Ecofibre Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Ecofibre (30 sec.)










What can you expect buying and holding a share of Ecofibre? (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?
12.5%

What is your share worth?

Current worth
A$0.20
Expected worth in 1 year
A$-0.18
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$-0.37
Return On Investment
-354.9%

For what price can you sell your share?

Current Price per Share
A$0.11
Expected price per share
A$0.081 - A$0.1
How sure are you?
50%
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1. Valuation of Ecofibre (5 min.)




Live pricePrice per Share (EOD)

A$0.11

Intrinsic Value Per Share

A$0.05 - A$0.07

Total Value Per Share

A$0.25 - A$0.27

2. Growth of Ecofibre (5 min.)




Is Ecofibre growing?

Current yearPrevious yearGrowGrow %
How rich?$48.5m$71.4m-$22.9m-47.3%

How much money is Ecofibre making?

Current yearPrevious yearGrowGrow %
Making money-$25.9m-$9.5m-$16.4m-63.2%
Net Profit Margin-122.8%-48.5%--

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

3. Financial Health of Ecofibre (5 min.)




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

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

What can you expect buying and holding a share of Ecofibre?

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

Speculation

The Price per Share of Ecofibre is A$0.105. 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 Ecofibre.
  • 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 Ecofibre, 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$0.20. Based on the TTM, the Book Value Change Per Share is A$-0.09 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 Ecofibre.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.07-65.2%-0.07-65.2%-0.03-24.0%-0.01-13.9%-0.01-12.1%
Usd Book Value Change Per Share-0.06-57.7%-0.06-57.7%0.00-3.0%0.0323.9%0.0215.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.2%0.000.1%
Usd Total Gains Per Share-0.06-57.7%-0.06-57.7%0.00-3.0%0.0324.1%0.0215.4%
Usd Price Per Share0.14-0.14-0.13-0.70-0.44-
Price to Earnings Ratio-1.99--1.99--5.17-30.50-19.06-
Price-to-Total Gains Ratio-2.25--2.25--40.85-4.41-4.41-
Price to Book Ratio1.07-1.07-0.69-7.24-4.53-
Price-to-Total Gains Ratio-2.25--2.25--40.85-4.41-4.41-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0682395
Number of shares14654
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.060.03
Usd Total Gains Per Share-0.060.03
Gains per Quarter (14654 shares)-887.20370.44
Gains per Year (14654 shares)-3,548.801,481.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-3549-35591214701472
20-7098-71082429392954
30-10646-106573644094436
40-14195-142064858795918
50-17744-177556073497400
60-21293-213047288188882
70-24842-24853841028810364
80-28390-28402961175811846
90-31939-319511081322813328
100-35488-355001201469714810

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%3.05.00.037.5%3.05.00.037.5%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%4.03.01.050.0%4.03.01.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%1.00.07.012.5%1.00.07.012.5%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%4.03.01.050.0%4.03.01.050.0%
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Fundamentals of Ecofibre

About Ecofibre Ltd

Ecofibre Limited, together with its subsidiaries, engages in the researching, producing, and selling of polymer-based industrial products and hemp derived nutraceuticals and food in the United States and Australia. The company operates through three segments: Ananda Health, Ananda Food, and Hemp Black. It offers cannabinoid based health products for human and pet consumption; hemp related food products; and textile and hemp products. Ecofibre Limited was incorporated in 2009 and is based in Sydney, Australia.

Fundamental data was last updated by Penke on 2024-02-16 10:06:03.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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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1.1. Profitability of Ecofibre Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ecofibre earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Ecofibre to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Net Profit Margin of -122.8% means that $-1.23 for each $1 in revenue is generated as profit.

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

  • The MRQ is -122.8%. The company is making a huge loss. -2
  • The TTM is -122.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-122.8%TTM-122.8%0.0%
TTM-122.8%YOY-48.5%-74.2%
TTM-122.8%5Y-30.6%-92.2%
5Y-30.6%10Y-214.6%+184.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ecofibre to the Drug Manufacturers - Specialty & Generic industry mean.
  • -33.6% Return on Assets means that Ecofibre generated $-0.34 profit for each $1 in assets.

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

  • The MRQ is -33.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -33.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-33.6%TTM-33.6%0.0%
TTM-33.6%YOY-9.8%-23.8%
TTM-33.6%5Y-4.0%-29.6%
5Y-4.0%10Y-29.9%+25.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ecofibre to the Drug Manufacturers - Specialty & Generic industry mean.
  • -53.5% Return on Equity means Ecofibre generated $-0.53 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -53.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -53.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-53.5%TTM-53.5%0.0%
TTM-53.5%YOY-13.3%-40.1%
TTM-53.5%5Y-7.6%-45.9%
5Y-7.6%10Y-73.9%+66.3%
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1.2. Operating Efficiency of Ecofibre Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ecofibre is operating .

  • Measures how much profit Ecofibre 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 Ecofibre to the Drug Manufacturers - Specialty & Generic industry mean.
  • An Operating Margin of -65.1% means the company generated $-0.65  for each $1 in revenue (before taxes).

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

  • The MRQ is -65.1%. The company is operating very inefficient. -2
  • The TTM is -65.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-65.1%TTM-65.1%0.0%
TTM-65.1%YOY-67.4%+2.3%
TTM-65.1%5Y-23.0%-42.1%
5Y-23.0%10Y-248.7%+225.7%
1.2.2. Operating Ratio

Measures how efficient Ecofibre is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • An Operation Ratio of 1.76 means that the operating costs are $1.76 for each $1 in net sales.

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

  • The MRQ is 1.758. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.758. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.758TTM1.7580.000
TTM1.758YOY1.745+0.013
TTM1.7585Y1.336+0.422
5Y1.33610Y4.637-3.301
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1.3. Liquidity of Ecofibre Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A Current Ratio of 3.35 means the company has $3.35 in assets for each $1 in short-term debts.

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

  • The MRQ is 3.346. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.346. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.346TTM3.3460.000
TTM3.346YOY4.546-1.200
TTM3.3465Y5.325-1.979
5Y5.32510Y4.026+1.299
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ecofibre to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Quick Ratio of 1.63 means the company can pay off $1.63 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 1.628. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.628. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.628TTM1.6280.000
TTM1.628YOY1.435+0.193
TTM1.6285Y4.049-2.421
5Y4.04910Y2.885+1.164
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1.4. Solvency of Ecofibre Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ecofibre to Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Asset Ratio of 0.37 means that Ecofibre assets are financed with 37.1% credit (debt) and the remaining percentage (100% - 37.1%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.371. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.371. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.371TTM0.3710.000
TTM0.371YOY0.265+0.106
TTM0.3715Y0.243+0.128
5Y0.24310Y0.401-0.158
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ecofibre to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Equity ratio of 59.1% means that company has $0.59 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.591. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.591. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.591TTM0.5910.000
TTM0.591YOY0.360+0.230
TTM0.5915Y0.337+0.253
5Y0.33710Y0.989-0.651
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2. Market Valuation of Ecofibre 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 Ecofibre generates.

  • Above 15 is considered overpriced but always compare Ecofibre to the Drug Manufacturers - Specialty & Generic industry mean.
  • A PE ratio of -1.99 means the investor is paying $-1.99 for every $1 in earnings.

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

  • The EOD is -0.997. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.993. Based on the earnings, the company is expensive. -2
  • The TTM is -1.993. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.997MRQ-1.993+0.997
MRQ-1.993TTM-1.9930.000
TTM-1.993YOY-5.165+3.172
TTM-1.9935Y30.500-32.494
5Y30.50010Y19.063+11.438
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -4.897. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.795. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.795. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.897MRQ-9.795+4.897
MRQ-9.795TTM-9.7950.000
TTM-9.795YOY-5.711-4.084
TTM-9.7955Y-74.840+65.045
5Y-74.84010Y-46.775-28.065
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2. Book Value per Share
2.3. Price to Book Ratio

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

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

  • The EOD is 0.533. Based on the equity, the company is cheap. +2
  • The MRQ is 1.066. Based on the equity, the company is underpriced. +1
  • The TTM is 1.066. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.533MRQ1.066-0.533
MRQ1.066TTM1.0660.000
TTM1.066YOY0.689+0.377
TTM1.0665Y7.244-6.178
5Y7.24410Y4.527+2.716
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Funds holding Ecofibre Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2021-02-28iShares MSCI EAFE Small Cap ETF0.17-583256--
2020-12-31College Retirement Equities Fund-Stock Account0.05-160669--
2021-02-28SPDR (R) Idx Shares-SPDR (R) S&P (R) International Small Cap ETF0.01-29868--
Total 0.23077379300.0%
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4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.093-0.0930%-0.005-95%0.039-341%0.025-478%
Book Value Per Share--0.1970.1970%0.290-32%0.212-7%0.133+48%
Current Ratio--3.3463.3460%4.546-26%5.325-37%4.026-17%
Debt To Asset Ratio--0.3710.3710%0.265+40%0.243+53%0.401-7%
Debt To Equity Ratio--0.5910.5910%0.360+64%0.337+75%0.989-40%
Dividend Per Share----0%-0%0.000-100%0.000-100%
Eps---0.105-0.1050%-0.039-63%-0.022-79%-0.020-81%
Free Cash Flow Per Share---0.021-0.0210%-0.035+63%-0.029+36%-0.029+36%
Free Cash Flow To Equity Per Share---0.001-0.0010%-0.002+67%0.015-109%0.015-109%
Gross Profit Margin--1.0331.0330%1.154-10%0.993+4%0.996+4%
Intrinsic Value_10Y_max--0.073--------
Intrinsic Value_10Y_min--0.050--------
Intrinsic Value_1Y_max---0.023--------
Intrinsic Value_1Y_min---0.023--------
Intrinsic Value_3Y_max---0.046--------
Intrinsic Value_3Y_min---0.044--------
Intrinsic Value_5Y_max---0.042--------
Intrinsic Value_5Y_min---0.040--------
Market Cap39781768.320-100%79563536.64079563536.6400%75774796.800+5%409941650.688-81%256213531.680-69%
Net Profit Margin---1.228-1.2280%-0.485-60%-0.306-75%-2.146+75%
Operating Margin---0.651-0.6510%-0.674+4%-0.230-65%-2.487+282%
Operating Ratio--1.7581.7580%1.745+1%1.336+32%4.637-62%
Pb Ratio0.533-100%1.0661.0660%0.689+55%7.244-85%4.527-76%
Pe Ratio-0.997+50%-1.993-1.9930%-5.165+159%30.500-107%19.063-110%
Price Per Share0.105-100%0.2100.2100%0.200+5%1.082-81%0.676-69%
Price To Free Cash Flow Ratio-4.897+50%-9.795-9.7950%-5.711-42%-74.840+664%-46.775+378%
Price To Total Gains Ratio-1.127+50%-2.254-2.2540%-40.849+1712%4.412-151%4.412-151%
Quick Ratio--1.6281.6280%1.435+13%4.049-60%2.885-44%
Return On Assets---0.336-0.3360%-0.098-71%-0.040-88%-0.299-11%
Return On Equity---0.535-0.5350%-0.133-75%-0.076-86%-0.739+38%
Total Gains Per Share---0.093-0.0930%-0.005-95%0.039-339%0.025-475%
Usd Book Value--48513085.30048513085.3000%71451305.800-32%52211666.200-7%32695120.458+48%
Usd Book Value Change Per Share---0.061-0.0610%-0.003-95%0.025-341%0.016-478%
Usd Book Value Per Share--0.1280.1280%0.189-32%0.138-7%0.086+48%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps---0.068-0.0680%-0.025-63%-0.015-79%-0.013-81%
Usd Free Cash Flow---5279137.700-5279137.7000%-8622873.200+63%-7199072.280+36%-4499420.175-15%
Usd Free Cash Flow Per Share---0.014-0.0140%-0.023+63%-0.019+36%-0.019+36%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%-0.001+67%0.010-109%0.010-109%
Usd Market Cap25854171.231-100%51708342.46251708342.4620%49246040.440+5%266421078.782-81%166513174.239-69%
Usd Price Per Share0.068-100%0.1360.1360%0.130+5%0.703-81%0.439-69%
Usd Profit---25939458.700-25939458.7000%-9534033.000-63%-5512841.740-79%-4829428.022-81%
Usd Revenue--21128249.00021128249.0000%19639978.000+8%23116293.100-9%14983038.313+41%
Usd Total Gains Per Share---0.061-0.0610%-0.003-95%0.025-339%0.016-475%
 EOD+3 -5MRQTTM+0 -0YOY+13 -215Y+7 -2910Y+16 -20

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.997
Price to Book Ratio (EOD)Between0-10.533
Net Profit Margin (MRQ)Greater than0-1.228
Operating Margin (MRQ)Greater than0-0.651
Quick Ratio (MRQ)Greater than11.628
Current Ratio (MRQ)Greater than13.346
Debt to Asset Ratio (MRQ)Less than10.371
Debt to Equity Ratio (MRQ)Less than10.591
Return on Equity (MRQ)Greater than0.15-0.535
Return on Assets (MRQ)Greater than0.05-0.336
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.408
Ma 20Greater thanMa 500.091
Ma 50Greater thanMa 1000.109
Ma 100Greater thanMa 2000.124
OpenGreater thanClose0.100
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets118,734
Total Liabilities44,087
Total Stockholder Equity74,630
 As reported
Total Liabilities 44,087
Total Stockholder Equity+ 74,630
Total Assets = 118,734

Assets

Total Assets118,734
Total Current Assets21,628
Long-term Assets97,106
Total Current Assets
Cash And Cash Equivalents 7,289
Short-term Investments 347
Net Receivables 2,885
Inventory 9,380
Other Current Assets 1,312
Total Current Assets  (as reported)21,628
Total Current Assets  (calculated)21,213
+/- 415
Long-term Assets
Property Plant Equipment 43,426
Goodwill 53,066
Intangible Assets 614
Long-term Assets  (as reported)97,106
Long-term Assets  (calculated)97,106
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities6,463
Long-term Liabilities37,624
Total Stockholder Equity74,630
Total Current Liabilities
Short-term Debt 1,335
Short Long Term Debt 1,000
Accounts payable 5,113
Other Current Liabilities 4,462
Total Current Liabilities  (as reported)6,463
Total Current Liabilities  (calculated)11,910
+/- 5,447
Long-term Liabilities
Long term Debt Total 25,699
Other Liabilities 11,925
Long-term Liabilities  (as reported)37,624
Long-term Liabilities  (calculated)37,624
+/-0
Total Stockholder Equity
Common Stock116,538
Retained Earnings -65,917
Accumulated Other Comprehensive Income 24,009
Total Stockholder Equity (as reported)74,630
Total Stockholder Equity (calculated)74,630
+/-0
Other
Capital Stock116,538
Cash and Short Term Investments 7,289
Common Stock Shares Outstanding 332,533
Current Deferred Revenue-4,447
Liabilities and Stockholders Equity 118,734
Net Debt 19,745
Net Invested Capital 101,237
Net Tangible Assets 20,950
Net Working Capital 15,165
Property Plant and Equipment Gross 57,144
Short Long Term Debt Total 27,034



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-30
> Total Assets 
0
6,077
11,268
47,775
84,295
141,745
149,554
118,734
118,734149,554141,74584,29547,77511,2686,0770
   > Total Current Assets 
0
5,098
8,214
38,746
45,463
39,206
36,687
21,628
21,62836,68739,20645,46338,7468,2145,0980
       Cash And Cash Equivalents 
1,226
2,449
2,756
25,740
18,252
8,620
7,251
7,289
7,2897,2518,62018,25225,7402,7562,4491,226
       Short-term Investments 
0
0
0
23,435
14,135
4,281
205
347
3472054,28114,13523,435000
       Net Receivables 
0
190
1,253
2,808
9,442
4,480
4,126
2,885
2,8854,1264,4809,4422,8081,2531900
       Other Current Assets 
0
565
955
3,374
7,755
6,336
5,665
1,312
1,3125,6656,3367,7553,3749555650
   > Long-term Assets 
0
0
0
9,029
38,832
102,539
112,867
97,106
97,106112,867102,53938,8329,029000
       Property Plant Equipment 
0
979
2,714
6,655
35,681
47,991
47,829
43,426
43,42647,82947,99135,6816,6552,7149790
       Goodwill 
0
0
0
0
46,766
46,766
51,093
53,066
53,06651,09346,76646,7660000
       Intangible Assets 
0
831
340
340
659
3,876
4,275
614
6144,2753,8766593403408310
       Other Assets 
0
0
0
2,034
2,492
3,906
9,670
0
09,6703,9062,4922,034000
> Total Liabilities 
0
6,864
9,708
5,472
21,294
29,948
39,612
44,087
44,08739,61229,94821,2945,4729,7086,8640
   > Total Current Liabilities 
0
1,344
4,580
5,080
10,701
5,718
8,070
6,463
6,4638,0705,71810,7015,0804,5801,3440
       Short-term Debt 
0
375
939
1,340
491
491
2,479
1,335
1,3352,4794914911,3409393750
       Short Long Term Debt 
0
375
939
1,340
0
0
2,012
1,000
1,0002,012001,3409393750
       Accounts payable 
0
167
405
3,740
9,381
5,162
5,560
5,113
5,1135,5605,1629,3813,7404051670
       Other Current Liabilities 
0
729
2,803
2,941
9,672
3,644
5,916
4,462
4,4625,9163,6449,6722,9412,8037290
   > Long-term Liabilities 
0
0
0
392
10,593
24,230
31,542
37,624
37,62431,54224,23010,593392000
       Long term Debt Total 
0
5,520
5,128
0
10,593
10,538
17,228
25,699
25,69917,22810,53810,59305,1285,5200
       Other Liabilities 
0
0
0
392
0
13,692
14,314
11,925
11,92514,31413,6920392000
> Total Stockholder Equity
0
-787
1,560
42,303
63,001
111,797
109,942
74,630
74,630109,942111,79763,00142,3031,560-7870
   Common Stock
0
13,635
22,536
56,189
62,376
108,132
115,347
116,538
116,538115,347108,13262,37656,18922,53613,6350
   Retained Earnings Total Equity00000000
   Accumulated Other Comprehensive Income 
0
0
0
3,618
4,973
14,999
20,599
24,009
24,00920,59914,9994,9733,618000
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
0
455
2,528
3,618
-58,028
-96,798
-89,343
-50,621
-50,621-89,343-96,798-58,0283,6182,5284550



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue32,510
Cost of Revenue-15,230
Gross Profit17,28017,280
 
Operating Income (+$)
Gross Profit17,280
Operating Expense-41,912
Operating Income-24,632-24,632
 
Operating Expense (+$)
Research Development6,285
Selling General Administrative16,432
Selling And Marketing Expenses1,318
Operating Expense41,91224,035
 
Net Interest Income (+$)
Interest Income2,921
Interest Expense-2,921
Other Finance Cost-2,760
Net Interest Income-2,760
 
Pretax Income (+$)
Operating Income-24,632
Net Interest Income-2,760
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-29,906-22,118
EBIT - interestExpense = -24,088
-29,906
-36,992
Interest Expense2,921
Earnings Before Interest and Taxes (EBIT)-21,167-26,985
Earnings Before Interest and Taxes (EBITDA)-16,428
 
After tax Income (+$)
Income Before Tax-29,906
Tax Provision-10,007
Net Income From Continuing Ops-39,913-39,913
Net Income-39,913
Net Income Applicable To Common Shares-39,913
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses13,578
Total Other Income/Expenses Net-2,5142,760
 

Technical Analysis of Ecofibre
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 Ecofibre. The general trend of Ecofibre is BEARISH 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 Ecofibre'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. 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 Ecofibre Ltd.

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

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

The bullish price targets are: 0.1 < 0.1 < 0.1.

The bearish price targets are: 0.097 > 0.097 > 0.081.

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Ecofibre 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 Ecofibre Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Ecofibre 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 Ecofibre Ltd. The current macd is -0.00307687.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ecofibre price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ecofibre. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ecofibre price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Ecofibre Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEcofibre 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 Ecofibre Ltd. The current adx is 33.94.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Ecofibre shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Ecofibre 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 Ecofibre Ltd. The current sar is 0.0821056.

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
Ecofibre 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 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 Ecofibre Ltd. The current rsi is 58.41. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Ecofibre Ltd Daily Relative Strength Index (RSI) ChartEcofibre 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 Ecofibre Ltd. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ecofibre price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Ecofibre Ltd Daily Stochastic Oscillator ChartEcofibre 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 Ecofibre Ltd. The current cci is 161.35.

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
Ecofibre Ltd Daily Commodity Channel Index (CCI) ChartEcofibre 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 Ecofibre Ltd. The current cmo is 38.22.

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
Ecofibre Ltd Daily Chande Momentum Oscillator (CMO) ChartEcofibre 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 Ecofibre 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
Ecofibre Ltd Daily Williams %R ChartEcofibre 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 oversold 

Score

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

Ecofibre 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 Ecofibre Ltd. The current atr is 0.00537364.

Ecofibre Ltd Daily Average True Range (ATR) ChartEcofibre Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Ecofibre Ltd. The current obv is -1,146,359.

Ecofibre Ltd Daily On-Balance Volume (OBV) ChartEcofibre 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 Ecofibre Ltd. The current mfi is 38.89.

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

  • MFI < 50: -1
Ecofibre Ltd Daily Money Flow Index (MFI) ChartEcofibre Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ecofibre 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
2023-10-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-10-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-15MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
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
2023-12-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.

6.3. Candlestick Patterns

Ecofibre Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.408
Ma 20Greater thanMa 500.091
Ma 50Greater thanMa 1000.109
Ma 100Greater thanMa 2000.124
OpenGreater thanClose0.100
Total1/5 (20.0%)
Penke

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