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ETIL (Econo) Stock Analysis
Buy, Hold or Sell?

Let's analyze Econo together

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

  • 📊 Fundamental Analysis (FA) – Econo’s Financial Insights
  • 📈 Technical Analysis (TA) – Econo’s Price Targets

I'm going to help you getting a better view of Econo Trade (India) Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Econo (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
INR24.56
Expected worth in 1 year
INR29.41
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR4.85
Return On Investment
54.8%

For what price can you sell your share?

Current Price per Share
INR8.84
Expected price per share
INR6.72 - INR11.55
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Econo (5 min.)




Live pricePrice per Share (EOD)
INR8.84
Intrinsic Value Per Share
INR-44.87 - INR86.42
Total Value Per Share
INR-20.31 - INR110.98

2.2. Growth of Econo (5 min.)




Is Econo growing?

Current yearPrevious yearGrowGrow %
How rich?$5.3m$5m$264.6k4.9%

How much money is Econo making?

Current yearPrevious yearGrowGrow %
Making money$264.6k$295.6k-$30.9k-11.7%
Net Profit Margin35.2%35.5%--

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

2.3. Financial Health of Econo (5 min.)




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3. Summary and Key Metrics

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

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

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

Speculation

The Price per Share of Econo is INR8.84. 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 Econo.
  • 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 Econo, 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 INR24.56. Based on the TTM, the Book Value Change Per Share is INR1.21 per quarter. Based on the YOY, the Book Value Change Per Share is INR1.35 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Econo.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.010.2%0.010.2%0.020.2%0.010.2%0.010.1%0.010.1%
Usd Book Value Change Per Share0.010.2%0.010.2%0.020.2%0.010.2%0.010.1%0.040.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.2%0.010.2%0.020.2%0.010.2%0.010.1%0.040.5%
Usd Price Per Share0.08-0.08-0.07-0.08-0.07-0.07-
Price to Earnings Ratio5.87-5.87-4.40-5.70-9.29-16.14-
Price-to-Total Gains Ratio5.87-5.87-4.40-5.70-9.29-8.18-
Price to Book Ratio0.29-0.29-0.25-0.29-0.28-0.29-
Price-to-Total Gains Ratio5.87-5.87-4.40-5.70-9.29-8.18-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.103428
Number of shares9668
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (9668 shares)137.0798.48
Gains per Year (9668 shares)548.27393.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
105485380394384
20109710860788778
3016451634011821172
4021932182015761566
5027412730019701960
6032903278023632354
7038383826027572748
8043864374031513142
9049344922035453536
10054835470039393930

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.07.00.0%0.00.07.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
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3.2. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2121.2120%1.354-10%1.190+2%0.871+39%3.508-65%
Book Value Per Share--24.55824.5580%23.346+5%23.299+5%22.294+10%21.662+13%
Current Ratio----0%8.223-100%5.508-100%6.582-100%17.455-100%
Debt To Asset Ratio--0.3440.3440%0.405-15%0.372-8%0.272+27%0.200+72%
Debt To Equity Ratio--0.5230.5230%0.681-23%0.595-12%0.414+26%0.302+73%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value---107190144.000-107190144.0000%-185541880.000+73%-134198624.000+25%-59614841.600-44%-13332363.151-88%
Eps--1.2121.2120%1.354-10%1.190+2%0.871+39%0.680+78%
Ev To Sales Ratio---1.669-1.6690%-2.603+56%-2.361+41%-0.191-89%0.714-334%
Free Cash Flow Per Share--3.0193.0190%-3.098+203%-3.185+205%-4.153+238%-2.378+179%
Free Cash Flow To Equity Per Share--3.0193.0190%-3.098+203%-3.185+205%-4.153+238%-2.378+179%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--86.420----------
Intrinsic Value_10Y_min---44.866----------
Intrinsic Value_1Y_max---0.632----------
Intrinsic Value_1Y_min---4.283----------
Intrinsic Value_3Y_max--5.182----------
Intrinsic Value_3Y_min---13.130----------
Intrinsic Value_5Y_max--19.534----------
Intrinsic Value_5Y_min---22.194----------
Market Cap165039264.000+20%132740856.000132740856.0000%111084120.000+19%124028376.000+7%117693158.400+13%115538153.143+15%
Net Profit Margin--0.3520.3520%0.355-1%0.396-11%0.418-16%0.337+5%
Operating Margin----0%-0%-0%-0%0.109-100%
Operating Ratio--0.9320.9320%1.017-8%0.974-4%0.761+23%0.804+16%
Pb Ratio0.360+20%0.2900.2900%0.255+14%0.286+1%0.282+2%0.286+1%
Pe Ratio7.296+20%5.8685.8680%4.396+33%5.701+3%9.292-37%16.143-64%
Price Per Share8.840+20%7.1107.1100%5.950+19%6.643+7%6.304+13%6.189+15%
Price To Free Cash Flow Ratio2.928+20%2.3552.3550%-1.921+182%-0.097+104%-0.515+122%-1.887+180%
Price To Total Gains Ratio7.295+20%5.8685.8680%4.396+33%5.700+3%9.291-37%8.176-28%
Quick Ratio----0%-0%-0%0.400-100%10.650-100%
Return On Assets--0.0320.0320%0.034-6%0.032+1%0.026+26%0.021+52%
Return On Equity--0.0490.0490%0.058-15%0.051-3%0.038+29%0.030+64%
Total Gains Per Share--1.2121.2120%1.354-10%1.190+2%0.871+39%3.508-65%
Usd Book Value--5364309.6005364309.6000%5099620.500+5%5089297.200+5%4869853.560+10%4731805.281+13%
Usd Book Value Change Per Share--0.0140.0140%0.016-10%0.014+2%0.010+39%0.041-65%
Usd Book Value Per Share--0.2870.2870%0.273+5%0.273+5%0.261+10%0.253+13%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value---1254124.685-1254124.6850%-2170839.996+73%-1570123.901+25%-697493.647-44%-155988.649-88%
Usd Eps--0.0140.0140%0.016-10%0.014+2%0.010+39%0.008+78%
Usd Free Cash Flow--659529.000659529.0000%-676657.800+203%-695615.700+205%-907215.660+238%-519399.163+179%
Usd Free Cash Flow Per Share--0.0350.0350%-0.036+203%-0.037+205%-0.049+238%-0.028+179%
Usd Free Cash Flow To Equity Per Share--0.0350.0350%-0.036+203%-0.037+205%-0.049+238%-0.028+179%
Usd Market Cap1930959.389+20%1553068.0151553068.0150%1299684.204+19%1451131.999+7%1377009.953+13%1351796.392+15%
Usd Price Per Share0.103+20%0.0830.0830%0.070+19%0.078+7%0.074+13%0.072+15%
Usd Profit--264677.400264677.4000%295659.000-10%259931.100+2%190160.100+39%148627.985+78%
Usd Revenue--751491.000751491.0000%833870.700-10%680920.500+10%495408.420+52%458088.651+64%
Usd Total Gains Per Share--0.0140.0140%0.016-10%0.014+2%0.010+39%0.041-65%
 EOD+4 -4MRQTTM+0 -0YOY+18 -163Y+27 -75Y+22 -1310Y+19 -17

3.3 Fundamental Score

Let's check the fundamental score of Econo Trade (India) Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.296
Price to Book Ratio (EOD)Between0-10.360
Net Profit Margin (MRQ)Greater than00.352
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.344
Debt to Equity Ratio (MRQ)Less than10.523
Return on Equity (MRQ)Greater than0.150.049
Return on Assets (MRQ)Greater than0.050.032
Total5/10 (50.0%)

3.4 Technical Score

Let's check the technical score of Econo Trade (India) Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.116
Ma 20Greater thanMa 508.781
Ma 50Greater thanMa 1007.873
Ma 100Greater thanMa 2007.325
OpenGreater thanClose8.150
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About Econo Trade (India) Ltd

4.2 In-depth Summary

4.2.1. Financial Health Summary

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

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Econo earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Econo to the  industry mean.
  • A Net Profit Margin of 35.2% means that ₹0.35 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Econo Trade (India) Ltd:

  • The MRQ is 35.2%. The company is making a huge profit. +2
  • The TTM is 35.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ35.2%TTM35.2%0.0%
TTM35.2%YOY35.5%-0.2%
TTM35.2%5Y41.8%-6.6%
5Y41.8%10Y33.7%+8.1%
4.3.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Econo to the  industry mean.
  • 3.2% Return on Assets means that Econo generated ₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Econo Trade (India) Ltd:

  • The MRQ is 3.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.2%0.0%
TTM3.2%YOY3.4%-0.2%
TTM3.2%5Y2.6%+0.7%
5Y2.6%10Y2.1%+0.5%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Econo to the  industry mean.
  • 4.9% Return on Equity means Econo generated ₹0.05 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Econo Trade (India) Ltd:

  • The MRQ is 4.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM4.9%0.0%
TTM4.9%YOY5.8%-0.9%
TTM4.9%5Y3.8%+1.1%
5Y3.8%10Y3.0%+0.8%
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4.3.2. Operating Efficiency of Econo Trade (India) Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Econo is operating .

  • Measures how much profit Econo 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 Econo to the  industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Econo Trade (India) Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y10.9%-10.9%
4.3.2.2. Operating Ratio

Measures how efficient Econo is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.93 means that the operating costs are ₹0.93 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Econo Trade (India) Ltd:

  • The MRQ is 0.932. The company is less efficient in keeping operating costs low.
  • The TTM is 0.932. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.932TTM0.9320.000
TTM0.932YOY1.017-0.085
TTM0.9325Y0.761+0.172
5Y0.76110Y0.804-0.043
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4.4.3. Liquidity of Econo Trade (India) Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 0.00 means the company has ₹0.00 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Econo Trade (India) Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY8.223-8.223
TTM-5Y6.582-6.582
5Y6.58210Y17.455-10.873
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Econo to the  industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ₹0.00 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Econo Trade (India) Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.400-0.400
5Y0.40010Y10.650-10.250
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4.5.4. Solvency of Econo Trade (India) Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Econo to industry mean.
  • A Debt to Asset Ratio of 0.34 means that Econo assets are financed with 34.4% credit (debt) and the remaining percentage (100% - 34.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Econo Trade (India) Ltd:

  • The MRQ is 0.344. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.344. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.344TTM0.3440.000
TTM0.344YOY0.405-0.061
TTM0.3445Y0.272+0.072
5Y0.27210Y0.200+0.072
4.5.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Econo to the  industry mean.
  • A Debt to Equity ratio of 52.3% means that company has ₹0.52 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Econo Trade (India) Ltd:

  • The MRQ is 0.523. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.523. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.5230.000
TTM0.523YOY0.681-0.157
TTM0.5235Y0.414+0.109
5Y0.41410Y0.302+0.112
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Econo generates.

  • Above 15 is considered overpriced but always compare Econo to the  industry mean.
  • A PE ratio of 5.87 means the investor is paying ₹5.87 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Econo Trade (India) Ltd:

  • The EOD is 7.296. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.868. Based on the earnings, the company is cheap. +2
  • The TTM is 5.868. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.296MRQ5.868+1.428
MRQ5.868TTM5.8680.000
TTM5.868YOY4.396+1.472
TTM5.8685Y9.292-3.424
5Y9.29210Y16.143-6.852
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Econo Trade (India) Ltd:

  • The EOD is 2.928. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.355. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.355. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.928MRQ2.355+0.573
MRQ2.355TTM2.3550.000
TTM2.355YOY-1.921+4.276
TTM2.3555Y-0.515+2.870
5Y-0.51510Y-1.887+1.372
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.29 means the investor is paying ₹0.29 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Econo Trade (India) Ltd:

  • The EOD is 0.360. Based on the equity, the company is cheap. +2
  • The MRQ is 0.290. Based on the equity, the company is cheap. +2
  • The TTM is 0.290. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.360MRQ0.290+0.070
MRQ0.290TTM0.2900.000
TTM0.290YOY0.255+0.035
TTM0.2905Y0.282+0.007
5Y0.28210Y0.286-0.004
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets698,419
Total Liabilities239,931
Total Stockholder Equity458,488
 As reported
Total Liabilities 239,931
Total Stockholder Equity+ 458,488
Total Assets = 698,419

Assets

Total Assets698,419
Total Current Assets533,521
Long-term Assets164,898
Total Current Assets
Cash And Cash Equivalents 270
Total Current Assets  (as reported)533,521
Total Current Assets  (calculated)270
+/- 533,251
Long-term Assets
Property Plant Equipment 5
Long-term Assets  (as reported)164,898
Long-term Assets  (calculated)5
+/- 164,893

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities239,930
Total Stockholder Equity458,488
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long term Debt 237,076
Long-term Liabilities Other 1,941
Long-term Liabilities  (as reported)239,930
Long-term Liabilities  (calculated)239,017
+/- 913
Total Stockholder Equity
Total Stockholder Equity (as reported)458,488
Total Stockholder Equity (calculated)0
+/- 458,488
Other
Capital Stock186,696
Common Stock Shares Outstanding 18,670
Net Debt 236,806
Net Invested Capital 695,564



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
379,485
385,929
408,788
479,257
648,719
732,491
698,419
698,419732,491648,719479,257408,788385,929379,48500
   > Total Current Assets 
371,310
375,136
318,873
371,759
284,586
368,543
565,841
649,058
533,521
533,521649,058565,841368,543284,586371,759318,873375,136371,310
       Cash And Cash Equivalents 
0
0
19,870
157,822
2,338
211
1,043
271
270
2702711,0432112,338157,82219,87000
       Short-term Investments 
0
0
60,533
63,326
0
0
0
0
0
0000063,32660,53300
       Net Receivables 
291,504
289,866
279,866
135,381
46,981
26
0
0
0
0002646,981135,381279,866289,866291,504
       Other Current Assets 
11,726
13,602
10,298
11,524
130,301
0
0
0
0
0000130,30111,52410,29813,60211,726
   > Long-term Assets 
0
0
79
14,170
124,202
110,714
82,878
83,433
164,898
164,89883,43382,878110,714124,20214,1707900
       Property Plant Equipment 
107
89
61
14,152
0
0
36
13
5
513360014,1526189107
> Total Liabilities 
0
0
6,845
8,709
24,439
87,420
238,124
296,626
239,931
239,931296,626238,12487,42024,4398,7096,84500
   > Total Current Liabilities 
5,188
5,692
6,845
8,709
23,487
86,302
68,166
78,929
0
078,92968,16686,30223,4878,7096,8455,6925,188
       Short Long Term Debt 
0
0
0
0
22,570
84,728
66,958
78,274
0
078,27466,95884,72822,5700000
       Other Current Liabilities 
4,092
5,203
6,332
8,138
957
1,118
90
0
0
00901,1189578,1386,3325,2034,092
   > Long-term Liabilities 
0
0
0
911
952
1,118
169,958
217,697
239,930
239,930217,697169,9581,118952911000
> Total Stockholder Equity
0
0
372,640
377,220
384,349
391,838
410,595
435,864
458,488
458,488435,864410,595391,838384,349377,220372,64000
   Retained Earnings 
11,540
14,848
17,925
22,505
23,992
29,983
44,989
65,204
0
065,20444,98929,98323,99222,50517,92514,84811,540
   Accumulated Other Comprehensive Income 000000000
   Capital Surplus 000000000
   Treasury Stock000000000



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2025-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue64,230
Cost of Revenue-25,825
Gross Profit38,40538,405
 
Operating Income (+$)
Gross Profit38,405
Operating Expense-34,069
Operating Income30,1614,336
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense34,0690
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income30,161
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)30,52230,161
EBIT - interestExpense = 0
22,622
22,622
Interest Expense0
Earnings Before Interest and Taxes (EBIT)030,522
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax30,522
Tax Provision-7,900
Net Income From Continuing Ops22,62222,622
Net Income22,622
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Econo
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 Econo. The general trend of Econo is BULLISH with 57.1% 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 Econo'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 (57.1%) Bearish trend (-57.1%)
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. Econo 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 Econo Trade (India) Ltd.

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

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

The bullish price targets are: 10.99 < 10.99 < 11.55.

The bearish price targets are: 8.25 > 7.2 > 6.72.

Know someone who trades $ETIL? Share this with them.👇

Econo Trade (India) Ltd Daily Support & Resistance Chart
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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 Econo Trade (India) Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Econo Trade (India) 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 Econo Trade (India) Ltd. The current macd is 0.22027875.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal 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 Econo price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Econo. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Econo price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Econo Trade (India) Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEcono Trade (India) 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 Econo Trade (India) Ltd. The current adx is 38.46.

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 Econo 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
Econo Trade (India) 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 Econo Trade (India) Ltd. The current sar is 10.08.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Econo Trade (India) 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 Econo Trade (India) Ltd. The current rsi is 57.12. The current phase is Continuation in bull 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).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Econo Trade (India) Ltd Daily Relative Strength Index (RSI) ChartEcono Trade (India) 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 Econo Trade (India) Ltd. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Econo price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Econo Trade (India) Ltd Daily Stochastic Oscillator ChartEcono Trade (India) 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 Econo Trade (India) Ltd. The current cci is -30.92082909.

Econo Trade (India) Ltd Daily Commodity Channel Index (CCI) ChartEcono Trade (India) 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 Econo Trade (India) Ltd. The current cmo is 12.36.

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
Econo Trade (India) Ltd Daily Chande Momentum Oscillator (CMO) ChartEcono Trade (India) 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 Econo Trade (India) Ltd. The current willr is -72.39057239.

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 Econo is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Econo Trade (India) Ltd Daily Williams %R ChartEcono Trade (India) 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 Econo Trade (India) Ltd.

Econo Trade (India) 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 Econo Trade (India) Ltd. The current atr is 0.74811278.

Econo Trade (India) Ltd Daily Average True Range (ATR) ChartEcono Trade (India) 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 Econo Trade (India) Ltd. The current obv is -333,819.

Econo Trade (India) Ltd Daily On-Balance Volume (OBV) ChartEcono Trade (India) 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 Econo Trade (India) Ltd. The current mfi is 71.22.

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
Econo Trade (India) Ltd Daily Money Flow Index (MFI) ChartEcono Trade (India) Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Econo Trade (India) Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-13DMI 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.
2025-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-24DMI 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.
2025-03-25DMI 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.
2025-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28DMI 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.
2025-04-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-02DMI 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
2025-05-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-14DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-20DMI 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.
2025-05-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-10BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-06-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-18STOCH 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).
2025-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-07-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-07-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-07-09STOCH 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
2025-07-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Econo Trade (India) Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Econo Trade (India) Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.116
Ma 20Greater thanMa 508.781
Ma 50Greater thanMa 1007.873
Ma 100Greater thanMa 2007.325
OpenGreater thanClose8.150
Total3/5 (60.0%)
Penke
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