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EQ Resources Ltd
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Let's analyse EQ Resources Ltd together

PenkeI guess you are interested in EQ Resources 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 EQ Resources 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 EQ Resources Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
12.5%

What is your share worth?

Current worth
A$0.01
Expected worth in 1 year
A$0.01
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
7.5%

For what price can you sell your share?

Current Price per Share
A$0.06
Expected price per share
A$0.043 - A$0.071
How sure are you?
50%
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1. Valuation of EQ Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.06

Intrinsic Value Per Share

A$-0.06 - A$-0.05

Total Value Per Share

A$-0.06 - A$-0.05

2. Growth of EQ Resources Ltd (5 min.)




Is EQ Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$10.7m$9.3m$1.3m12.2%

How much money is EQ Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.4m-$3.9m$1.5m63.2%
Net Profit Margin-49.9%-151.1%--

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

3. Financial Health of EQ Resources Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  

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

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

What can you expect buying and holding a share of EQ Resources Ltd?

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

Speculation

The Price per Share of EQ Resources Ltd is A$0.057. 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 EQ Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

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

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-2.3%0.00-2.3%0.00-3.8%0.00-1.7%0.00-2.1%
Usd Book Value Change Per Share0.001.2%0.001.2%0.00-1.5%0.001.7%0.001.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.2%0.000.1%
Usd Total Gains Per Share0.001.2%0.001.2%0.00-1.5%0.001.9%0.001.4%
Usd Price Per Share0.03-0.03-0.04-0.03-0.02-
Price to Earnings Ratio-23.94--23.94--17.73--16.62--16.79-
Price-to-Total Gains Ratio44.77-44.77--44.64-11.69-24.23-
Price to Book Ratio5.46-5.46-7.51-5.26-7.48-
Price-to-Total Gains Ratio44.77-44.77--44.64-11.69-24.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0374091
Number of shares26731
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 (26731 shares)18.8128.65
Gains per Year (26731 shares)75.23114.61
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10756511103105
2015014023206220
3022621534310335
4030129046413450
5037636557516565
6045144068619680
7052751580722795
8060259091826910
906776651039291025
10075274011410321140

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%1.04.00.020.0%1.07.00.012.5%1.07.00.012.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.02.00.075.0%6.02.00.075.0%
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 Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.02.00.075.0%6.02.00.075.0%
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Fundamentals of EQ Resources Ltd

About EQ Resources Ltd

EQ Resources Limited explores for and produces tungsten and gold mineral resources in Queensland and New South Wales, Australia. Its flagship property includes the Mt Carbine project comprising ML 4867 covering an area of approximately 358.5 hectares, as well as ML 4919 covering an area of 7.891 hectares located in Far North Queensland. The company was formerly known as Speciality Metals International Limited and changed its name to EQ Resources Limited in December 2020. EQ Resources Limited was incorporated in 2005 and is based in Mount Carbine, Australia.

Fundamental data was last updated by Penke on 2024-02-08 11:36:04.

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
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 EQ Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit EQ Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare EQ Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -49.9% means that $-0.50 for each $1 in revenue is generated as profit.

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

  • The MRQ is -49.9%. The company is making a huge loss. -2
  • The TTM is -49.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-49.9%TTM-49.9%0.0%
TTM-49.9%YOY-151.1%+101.2%
TTM-49.9%5Y3,240.2%-3,290.1%
5Y3,240.2%10Y-4,169.8%+7,409.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-49.9%-49.2%-0.7%
TTM-49.9%-48.3%-1.6%
YOY-151.1%-48.4%-102.7%
5Y3,240.2%-262.4%+3,502.6%
10Y-4,169.8%-714.9%-3,454.9%
1.1.2. Return on Assets

Shows how efficient EQ Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare EQ Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -6.7% Return on Assets means that EQ Resources Ltd generated $-0.07 profit for each $1 in assets.

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

  • The MRQ is -6.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -6.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-6.7%TTM-6.7%0.0%
TTM-6.7%YOY-19.4%+12.7%
TTM-6.7%5Y-6.8%+0.1%
5Y-6.8%10Y-61.3%+54.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-7.3%+0.6%
TTM-6.7%-7.6%+0.9%
YOY-19.4%-6.5%-12.9%
5Y-6.8%-10.2%+3.4%
10Y-61.3%-14.0%-47.3%
1.1.3. Return on Equity

Shows how efficient EQ Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare EQ Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -22.8% Return on Equity means EQ Resources Ltd generated $-0.23 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -22.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -22.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-22.8%TTM-22.8%0.0%
TTM-22.8%YOY-42.4%+19.6%
TTM-22.8%5Y-15.6%-7.2%
5Y-15.6%10Y-71.2%+55.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.8%-7.6%-15.2%
TTM-22.8%-8.2%-14.6%
YOY-42.4%-6.8%-35.6%
5Y-15.6%-10.8%-4.8%
10Y-71.2%-15.0%-56.2%
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1.2. Operating Efficiency of EQ Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient EQ Resources Ltd is operating .

  • Measures how much profit EQ Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare EQ Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -25.1% means the company generated $-0.25  for each $1 in revenue (before taxes).

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

  • The MRQ is -25.1%. The company is operating very inefficient. -2
  • The TTM is -25.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-25.1%TTM-25.1%0.0%
TTM-25.1%YOY-134.2%+109.0%
TTM-25.1%5Y3,269.9%-3,295.0%
5Y3,269.9%10Y-1,934.8%+5,204.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-25.1%-322.0%+296.9%
TTM-25.1%-52.9%+27.8%
YOY-134.2%-53.0%-81.2%
5Y3,269.9%-262.2%+3,532.1%
10Y-1,934.8%-621.0%-1,313.8%
1.2.2. Operating Ratio

Measures how efficient EQ Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 1.32 means that the operating costs are $1.32 for each $1 in net sales.

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

  • The MRQ is 1.316. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.316. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.316TTM1.3160.000
TTM1.316YOY4.787-3.471
TTM1.3165Y-22.853+24.169
5Y-22.85310Y-10.268-12.585
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3161.960-0.644
TTM1.3161.921-0.605
YOY4.7872.249+2.538
5Y-22.8534.385-27.238
10Y-10.2687.932-18.200
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1.3. Liquidity of EQ Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if EQ Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 0.48 means the company has $0.48 in assets for each $1 in short-term debts.

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

  • The MRQ is 0.479. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.479. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.479TTM0.4790.000
TTM0.479YOY0.576-0.097
TTM0.4795Y1.140-0.661
5Y1.14010Y2.751-1.611
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4792.399-1.920
TTM0.4792.625-2.146
YOY0.5763.519-2.943
5Y1.1404.133-2.993
10Y2.7514.665-1.914
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare EQ Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.39 means the company can pay off $0.39 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.391. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.391. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.391TTM0.3910.000
TTM0.391YOY0.420-0.028
TTM0.3915Y0.975-0.584
5Y0.97510Y3.210-2.235
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3910.902-0.511
TTM0.3910.838-0.447
YOY0.4201.011-0.591
5Y0.9751.299-0.324
10Y3.2101.442+1.768
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1.4. Solvency of EQ Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of EQ Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare EQ Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.70 means that EQ Resources Ltd assets are financed with 70.4% credit (debt) and the remaining percentage (100% - 70.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.704. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.704. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.704TTM0.7040.000
TTM0.704YOY0.542+0.162
TTM0.7045Y0.443+0.261
5Y0.44310Y0.308+0.135
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7040.180+0.524
TTM0.7040.185+0.519
YOY0.5420.151+0.391
5Y0.4430.208+0.235
10Y0.3080.245+0.063
1.4.2. Debt to Equity Ratio

Measures if EQ Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare EQ Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 238.2% means that company has $2.38 debt for each $1 in shareholders equity.

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

  • The MRQ is 2.382. The company is just not able to pay all its debts with equity.
  • The TTM is 2.382. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.382TTM2.3820.000
TTM2.382YOY1.184+1.198
TTM2.3825Y1.001+1.381
5Y1.00110Y0.660+0.341
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3820.174+2.208
TTM2.3820.190+2.192
YOY1.1840.155+1.029
5Y1.0010.225+0.776
10Y0.6600.245+0.415
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2. Market Valuation of EQ Resources 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 EQ Resources Ltd generates.

  • Above 15 is considered overpriced but always compare EQ Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -23.94 means the investor is paying $-23.94 for every $1 in earnings.

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

  • The EOD is -28.432. Based on the earnings, the company is expensive. -2
  • The MRQ is -23.943. Based on the earnings, the company is expensive. -2
  • The TTM is -23.943. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-28.432MRQ-23.943-4.489
MRQ-23.943TTM-23.9430.000
TTM-23.943YOY-17.728-6.215
TTM-23.9435Y-16.624-7.319
5Y-16.62410Y-16.792+0.168
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-28.432-3.743-24.689
MRQ-23.943-5.346-18.597
TTM-23.943-5.799-18.144
YOY-17.728-8.550-9.178
5Y-16.624-10.470-6.154
10Y-16.792-11.421-5.371
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -12.046. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -10.144. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -10.144. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-12.046MRQ-10.144-1.902
MRQ-10.144TTM-10.1440.000
TTM-10.144YOY-16.673+6.528
TTM-10.1445Y-413.751+403.606
5Y-413.75110Y-271.491-142.260
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-12.046-4.277-7.769
MRQ-10.144-5.877-4.267
TTM-10.144-6.772-3.372
YOY-16.673-9.002-7.671
5Y-413.751-13.204-400.547
10Y-271.491-14.428-257.063
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 5.46 means the investor is paying $5.46 for each $1 in book value.

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

  • The EOD is 6.481. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.458. Based on the equity, the company is overpriced. -1
  • The TTM is 5.458. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD6.481MRQ5.458+1.023
MRQ5.458TTM5.4580.000
TTM5.458YOY7.510-2.052
TTM5.4585Y5.259+0.198
5Y5.25910Y7.477-2.217
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD6.4811.126+5.355
MRQ5.4581.559+3.899
TTM5.4581.598+3.860
YOY7.5102.281+5.229
5Y5.2592.401+2.858
10Y7.4772.922+4.555
2. Total Gains per Share

3. Holders & Insider Transactions

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

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of EQ Resources 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--0.0010.0010%-0.001+221%0.001-27%0.001-2%
Book Value Per Share--0.0090.0090%0.008+14%0.008+11%0.006+47%
Current Ratio--0.4790.4790%0.576-17%1.140-58%2.751-83%
Debt To Asset Ratio--0.7040.7040%0.542+30%0.443+59%0.308+129%
Debt To Equity Ratio--2.3822.3820%1.184+101%1.001+138%0.660+261%
Dividend Per Share----0%-0%0.000-100%0.000-100%
Eps---0.002-0.0020%-0.003+63%-0.001-27%-0.002-9%
Free Cash Flow Per Share---0.005-0.0050%-0.003-26%-0.002-55%-0.002-67%
Free Cash Flow To Equity Per Share--0.0040.0040%0.001+439%0.003+35%0.002+120%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.054--------
Intrinsic Value_10Y_min---0.064--------
Intrinsic Value_1Y_max---0.003--------
Intrinsic Value_1Y_min---0.004--------
Intrinsic Value_3Y_max---0.011--------
Intrinsic Value_3Y_min---0.014--------
Intrinsic Value_5Y_max---0.021--------
Intrinsic Value_5Y_min---0.027--------
Market Cap105667172.736+16%88982882.30488982882.3040%107520982.784-17%78490317.432+13%63701547.774+40%
Net Profit Margin---0.499-0.4990%-1.511+203%32.402-102%-41.698+8254%
Operating Margin---0.251-0.2510%-1.342+434%32.699-101%-19.348+7605%
Operating Ratio--1.3161.3160%4.787-73%-22.853+1837%-10.268+880%
Pb Ratio6.481+16%5.4585.4580%7.510-27%5.259+4%7.477-27%
Pe Ratio-28.432-19%-23.943-23.9430%-17.728-26%-16.624-31%-16.792-30%
Price Per Share0.057+16%0.0480.0480%0.058-17%0.042+13%0.034+40%
Price To Free Cash Flow Ratio-12.046-19%-10.144-10.1440%-16.673+64%-413.751+3979%-271.491+2576%
Price To Total Gains Ratio53.170+16%44.77544.7750%-44.642+200%11.690+283%24.235+85%
Quick Ratio--0.3910.3910%0.420-7%0.975-60%3.210-88%
Return On Assets---0.067-0.0670%-0.194+188%-0.068+1%-0.613+810%
Return On Equity---0.228-0.2280%-0.424+86%-0.156-32%-0.712+212%
Total Gains Per Share--0.0010.0010%-0.001+221%0.002-34%0.001-11%
Usd Book Value--10700682.72810700682.7280%9396390.173+14%9606768.188+11%7299479.187+47%
Usd Book Value Change Per Share--0.0010.0010%-0.001+221%0.001-27%0.001-2%
Usd Book Value Per Share--0.0060.0060%0.005+14%0.005+11%0.004+47%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps---0.001-0.0010%-0.002+63%-0.001-27%-0.001-9%
Usd Free Cash Flow---5756885.743-5756885.7430%-4232426.196-26%-2602335.821-55%-1909922.175-67%
Usd Free Cash Flow Per Share---0.003-0.0030%-0.002-26%-0.001-55%-0.001-67%
Usd Free Cash Flow To Equity Per Share--0.0030.0030%0.000+439%0.002+35%0.001+120%
Usd Market Cap69349365.467+16%58399465.65658399465.6560%70566021.001-17%51513195.331+13%41807325.804+40%
Usd Price Per Share0.037+16%0.0320.0320%0.038-17%0.028+13%0.023+40%
Usd Profit---2439112.698-2439112.6980%-3980448.999+63%-1780511.973-27%-2217739.591-9%
Usd Revenue--4886757.2964886757.2960%2634637.594+85%2197460.675+122%1380243.364+254%
Usd Total Gains Per Share--0.0010.0010%-0.001+221%0.001-34%0.001-11%
 EOD+6 -2MRQTTM+0 -0YOY+22 -115Y+12 -2310Y+16 -19

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-28.432
Price to Book Ratio (EOD)Between0-16.481
Net Profit Margin (MRQ)Greater than0-0.499
Operating Margin (MRQ)Greater than0-0.251
Quick Ratio (MRQ)Greater than10.391
Current Ratio (MRQ)Greater than10.479
Debt to Asset Ratio (MRQ)Less than10.704
Debt to Equity Ratio (MRQ)Less than12.382
Return on Equity (MRQ)Greater than0.15-0.228
Return on Assets (MRQ)Greater than0.05-0.067
Total1/10 (10.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.387
Ma 20Greater thanMa 500.056
Ma 50Greater thanMa 1000.058
Ma 100Greater thanMa 2000.062
OpenGreater thanClose0.059
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets55,146
Total Liabilities38,842
Total Stockholder Equity16,305
 As reported
Total Liabilities 38,842
Total Stockholder Equity+ 16,305
Total Assets = 55,146

Assets

Total Assets55,146
Total Current Assets11,597
Long-term Assets43,550
Total Current Assets
Cash And Cash Equivalents 5,336
Short-term Investments 816
Net Receivables 2,496
Inventory 878
Other Current Assets 816
Total Current Assets  (as reported)11,597
Total Current Assets  (calculated)10,341
+/- 1,256
Long-term Assets
Property Plant Equipment 28,288
Long Term Investments 2,560
Other Assets 12,701
Long-term Assets  (as reported)43,550
Long-term Assets  (calculated)43,550
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities24,195
Long-term Liabilities14,647
Total Stockholder Equity16,305
Total Current Liabilities
Short Long Term Debt 3,494
Accounts payable 8,391
Other Current Liabilities 9,281
Total Current Liabilities  (as reported)24,195
Total Current Liabilities  (calculated)21,166
+/- 3,029
Long-term Liabilities
Long term Debt Total 2,827
Other Liabilities 11,820
Long-term Liabilities  (as reported)14,647
Long-term Liabilities  (calculated)14,647
+/- 0
Total Stockholder Equity
Common Stock27,222
Retained Earnings -14,441
Other Stockholders Equity 3,523
Total Stockholder Equity (as reported)16,305
Total Stockholder Equity (calculated)16,305
+/- 0
Other
Capital Stock27,222
Cash and Short Term Investments 6,151
Common Stock Shares Outstanding 1,474,487
Liabilities and Stockholders Equity 55,146
Net Debt 12,966
Net Invested Capital 21,449
Net Tangible Assets 16,305
Net Working Capital -12,598
Property Plant and Equipment Gross 32,107



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
12,065
2,552
2,869
15,967
21,418
25,746
31,275
55,146
55,14631,27525,74621,41815,9672,8692,55212,065
   > Total Current Assets 
1,905
1,204
1,492
484
3,740
6,430
5,556
11,597
11,5975,5566,4303,7404841,4921,2041,905
       Cash And Cash Equivalents 
761
1,048
603
218
2,990
3,505
1,723
5,336
5,3361,7233,5052,9902186031,048761
       Short-term Investments 
973
41
800
0
0
0
0
816
816000080041973
       Net Receivables 
102
51
24
191
332
1,928
2,324
2,496
2,4962,3241,9283321912451102
       Other Current Assets 
0
41
800
0
310
325
632
816
8166323253100800410
   > Long-term Assets 
0
1,348
1,378
15,483
17,678
19,316
25,720
43,550
43,55025,72019,31617,67815,4831,3781,3480
       Property Plant Equipment 
9,225
599
600
7,166
9,152
11,088
17,820
28,288
28,28817,82011,0889,1527,1666005999,225
       Long Term Investments 
0
2
6
1
2
4
6
2,560
2,5606421620
       Other Assets 
0
747
772
8,315
8,524
8,224
7,894
12,701
12,7017,8948,2248,5248,3157727470
> Total Liabilities 
1,321
180
197
5,062
6,481
9,020
16,958
38,842
38,84216,9589,0206,4815,0621971801,321
   > Total Current Liabilities 
1,179
175
191
1,007
1,168
6,664
9,647
24,195
24,1959,6476,6641,1681,0071911751,179
       Short-term Debt 
270
0
0
200
201
268
666
0
066626820120000270
       Short Long Term Debt 
0
0
0
200
126
0
0
3,494
3,49400126200000
       Accounts payable 
0
44
88
533
587
2,485
3,747
8,391
8,3913,7472,48558753388440
       Other Current Liabilities 
0
21
6
274
380
3,911
5,234
9,281
9,2815,2343,9113802746210
   > Long-term Liabilities 
0
0
6
4,055
5,313
2,356
7,311
14,647
14,6477,3112,3565,3134,055600
       Long term Debt Total 
0
0
0
2,134
3,516
681
5,864
2,827
2,8275,8646813,5162,134000
       Other Liabilities 
0
5
6
4,055
4,345
1,675
1,448
11,820
11,8201,4481,6754,3454,055650
> Total Stockholder Equity
10,745
2,372
2,672
10,905
14,936
16,726
14,317
16,305
16,30514,31716,72614,93610,9052,6722,37210,745
   Common Stock
30,874
1,797
3,554
7,651
15,023
20,604
22,193
27,222
27,22222,19320,60415,0237,6513,5541,79730,874
   Retained Earnings 
-20,129
574
-1,319
2,924
-87
-4,661
-10,724
-14,441
-14,441-10,724-4,661-872,924-1,319574-20,129
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
0
574
438
330
0
783
2,849
3,523
3,5232,84978303304385740



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, 2022-12-31)

Gross Profit (+$)
totalRevenue7,446
Cost of Revenue-9,796
Gross Profit-2,350-2,350
 
Operating Income (+$)
Gross Profit-2,350
Operating Expense-0
Operating Income-7,221-2,350
 
Operating Expense (+$)
Research Development711
Selling General Administrative3,766
Selling And Marketing Expenses0
Operating Expense04,477
 
Net Interest Income (+$)
Interest Income1,713
Interest Expense-1,491
Other Finance Cost-1,684
Net Interest Income-1,462
 
Pretax Income (+$)
Operating Income-7,221
Net Interest Income-1,462
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-3,716-14,962
EBIT - interestExpense = -3,361
-3,716
-2,225
Interest Expense1,491
Earnings Before Interest and Taxes (EBIT)-1,870-2,225
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-3,716
Tax Provision-0
Net Income From Continuing Ops-3,716-3,716
Net Income-3,716
Net Income Applicable To Common Shares-3,716
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses7,981
Total Other Income/Expenses Net7,7411,462
 

Technical Analysis of EQ Resources Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of EQ Resources Ltd. The general trend of EQ Resources Ltd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine EQ Resources Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of EQ Resources 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: 0.068 < 0.069 < 0.071.

The bearish price targets are: 0.053 > 0.05 > 0.043.

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EQ Resources 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 EQ Resources Ltd. The current mas is .

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

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is 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

EQ Resources 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 EQ Resources Ltd. The current macd is -0.00092661.

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 EQ Resources Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for EQ Resources Ltd. 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 EQ Resources Ltd 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
EQ Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEQ Resources 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 EQ Resources Ltd. The current adx is 22.03.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 EQ Resources Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
EQ Resources 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 EQ Resources Ltd. The current sar is 0.0506144.

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
EQ Resources 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 EQ Resources Ltd. The current rsi is 49.39. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
EQ Resources Ltd Daily Relative Strength Index (RSI) ChartEQ Resources 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 EQ Resources Ltd. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the EQ Resources Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
EQ Resources Ltd Daily Stochastic Oscillator ChartEQ Resources 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 EQ Resources Ltd. The current cci is 39.94.

EQ Resources Ltd Daily Commodity Channel Index (CCI) ChartEQ Resources 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 EQ Resources Ltd. The current cmo is 1.28608981.

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
EQ Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartEQ Resources 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 EQ Resources Ltd. The current willr is -41.66666667.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that EQ Resources Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
EQ Resources Ltd Daily Williams %R ChartEQ Resources 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 EQ Resources Ltd.

EQ Resources 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 EQ Resources Ltd. The current atr is 0.00297275.

EQ Resources Ltd Daily Average True Range (ATR) ChartEQ Resources 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 EQ Resources Ltd. The current obv is 7,157,463.

EQ Resources Ltd Daily On-Balance Volume (OBV) ChartEQ Resources 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 EQ Resources Ltd. The current mfi is 64.71.

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

  • MFI > 50: +1
EQ Resources Ltd Daily Money Flow Index (MFI) ChartEQ Resources Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for EQ Resources 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
2023-10-04SAR 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).
2023-10-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-23STOCH 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).
2023-10-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-30STOCH 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).
2023-10-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
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).
2023-11-28CCI 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).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-28DMI 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).
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08DMI 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
2024-01-09DMI 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.
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).
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH 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
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21SAR 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
2024-02-22MACD 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

EQ Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.387
Ma 20Greater thanMa 500.056
Ma 50Greater thanMa 1000.058
Ma 100Greater thanMa 2000.062
OpenGreater thanClose0.059
Total1/5 (20.0%)
Penke

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