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Fountain Asset Corp
Buy, Hold or Sell?

Let's analyse Fountain Asset Corp together

PenkeI guess you are interested in Fountain Asset Corp. 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 Fountain Asset Corp. 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 Fountain Asset Corp (30 sec.)










What can you expect buying and holding a share of Fountain Asset Corp? (30 sec.)

How much money do you get?

How much money do you get?
C$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
C$0.17
Expected worth in 1 year
C$0.12
How sure are you?
53.6%

+ What do you gain per year?

Total Gains per Share
C$-0.05
Return On Investment
-99.0%

For what price can you sell your share?

Current Price per Share
C$0.05
Expected price per share
C$0.04 - C$0.05
How sure are you?
50%

1. Valuation of Fountain Asset Corp (5 min.)




Live pricePrice per Share (EOD)

C$0.05

Intrinsic Value Per Share

C$-0.11 - C$-0.13

Total Value Per Share

C$0.06 - C$0.04

2. Growth of Fountain Asset Corp (5 min.)




Is Fountain Asset Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$7.5m$11.9m-$3.7m-45.1%

How much money is Fountain Asset Corp making?

Current yearPrevious yearGrowGrow %
Making money-$588.9k-$1.9m$1.3m230.0%
Net Profit Margin-14,149.7%442.1%--

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

3. Financial Health of Fountain Asset Corp (5 min.)




4. Comparing to competitors in the Credit Services industry (5 min.)




  Industry Rankings (Credit Services)  


Richest
#219 / 256

Most Revenue
#246 / 256

Most Profit
#201 / 256

Most Efficient
#254 / 256

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

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

What can you expect buying and holding a share of Fountain Asset Corp?

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

Speculation

The Price per Share of Fountain Asset Corp is C$0.05. 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 Fountain Asset Corp.
  • 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 Fountain Asset Corp, 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 C$0.17. Based on the TTM, the Book Value Change Per Share is C$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is C$-0.04 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 C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Fountain Asset Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps-0.01-17.8%-0.01-19.0%-0.03-62.8%-0.01-28.9%-0.01-11.6%
Usd Book Value Change Per Share-0.01-17.3%-0.01-18.2%-0.03-62.3%-0.01-26.8%0.008.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-17.3%-0.01-18.2%-0.03-62.3%-0.01-26.8%0.008.7%
Usd Price Per Share0.04-0.07-0.17-0.18-0.21-
Price to Earnings Ratio-1.24--2.90-4.05-0.59--0.29-
Price-to-Total Gains Ratio-5.10--13.15-15.10-0.04-8.91-
Price to Book Ratio0.36-0.50-0.88-0.75-0.86-
Price-to-Total Gains Ratio-5.10--13.15-15.10-0.04-8.91-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.036815
Number of shares27162
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.01-0.01
Usd Total Gains Per Share-0.01-0.01
Gains per Quarter (27162 shares)-247.51-363.85
Gains per Year (27162 shares)-990.03-1,455.42
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-990-10000-1455-1465
20-1980-19900-2911-2920
30-2970-29800-4366-4375
40-3960-39700-5822-5830
50-4950-49600-7277-7285
60-5940-59500-8732-8740
70-6930-69400-10188-10195
80-7920-79300-11643-11650
90-8910-89200-13099-13105
100-9900-99100-14554-14560

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 Share0.04.00.00.0%4.08.00.033.3%7.013.00.035.0%12.016.00.042.9%12.016.00.042.9%
Book Value Change Per Share0.04.00.00.0%4.08.00.033.3%7.013.00.035.0%15.013.00.053.6%15.013.00.053.6%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.028.00.0%0.00.028.00.0%
Total Gains per Share0.04.00.00.0%4.08.00.033.3%7.013.00.035.0%15.013.00.053.6%15.013.00.053.6%

Fundamentals of Fountain Asset Corp

About Fountain Asset Corp

Fountain Asset Corp. provides various merchant banking services to small and mid-size companies in public and private markets in North America. The company offers debt and equity financing, asset-based lending, mergers and acquisitions advisory, and operational management support services, as well as facilitates various debt and equity financing structures. It serves manufacturing, retail, financial services, technology, cannabis, biotechnology, oil and gas, mining, and cryptocurrency sectors. The company was formerly known as GC-Global Capital Corp. and changed its name to Fountain Asset Corp. in August 2015. Fountain Asset Corp. was founded in 2003 and is headquartered in Toronto, Canada.

Fundamental data was last updated by Penke on 2024-03-20 16:50:05.

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 inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is 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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Fountain Asset Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Fountain Asset Corp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Fountain Asset Corp to the Credit Services industry mean.
  • A Net Profit Margin of -5,111.4% means that $-51.11 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Fountain Asset Corp:

  • The MRQ is -5,111.4%. The company is making a huge loss. -2
  • The TTM is -14,149.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-5,111.4%TTM-14,149.7%+9,038.3%
TTM-14,149.7%YOY442.1%-14,591.8%
TTM-14,149.7%5Y-2,710.4%-11,439.3%
5Y-2,710.4%10Y-1,935.4%-775.0%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-5,111.4%13.1%-5,124.5%
TTM-14,149.7%14.3%-14,164.0%
YOY442.1%18.4%+423.7%
5Y-2,710.4%16.5%-2,726.9%
10Y-1,935.4%15.8%-1,951.2%
1.1.2. Return on Assets

Shows how efficient Fountain Asset Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Fountain Asset Corp to the Credit Services industry mean.
  • -7.3% Return on Assets means that Fountain Asset Corp generated $-0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Fountain Asset Corp:

  • The MRQ is -7.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -7.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.3%TTM-7.0%-0.2%
TTM-7.0%YOY-16.3%+9.2%
TTM-7.0%5Y-7.3%+0.3%
5Y-7.3%10Y-4.0%-3.4%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.3%0.8%-8.1%
TTM-7.0%0.9%-7.9%
YOY-16.3%0.9%-17.2%
5Y-7.3%0.8%-8.1%
10Y-4.0%0.8%-4.8%
1.1.3. Return on Equity

Shows how efficient Fountain Asset Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Fountain Asset Corp to the Credit Services industry mean.
  • -7.3% Return on Equity means Fountain Asset Corp generated $-0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Fountain Asset Corp:

  • The MRQ is -7.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -7.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.3%TTM-7.1%-0.2%
TTM-7.1%YOY-16.5%+9.4%
TTM-7.1%5Y-8.0%+0.9%
5Y-8.0%10Y-4.4%-3.6%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.3%3.2%-10.5%
TTM-7.1%3.3%-10.4%
YOY-16.5%3.6%-20.1%
5Y-8.0%3.2%-11.2%
10Y-4.4%3.4%-7.8%

1.2. Operating Efficiency of Fountain Asset Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Fountain Asset Corp is operating .

  • Measures how much profit Fountain Asset Corp 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 Fountain Asset Corp to the Credit Services 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 Fountain Asset Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y8.1%-8.1%
5Y8.1%10Y5.8%+2.3%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-21.3%-21.3%
TTM-19.0%-19.0%
YOY-26.3%-26.3%
5Y8.1%21.7%-13.6%
10Y5.8%25.5%-19.7%
1.2.2. Operating Ratio

Measures how efficient Fountain Asset Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Credit Services industry mean).
  • An Operation Ratio of 18.55 means that the operating costs are $18.55 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Fountain Asset Corp:

  • The MRQ is 18.545. The company is inefficient in keeping operating costs low. -1
  • The TTM is 64.207. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ18.545TTM64.207-45.662
TTM64.207YOY9.609+54.598
TTM64.2075Y15.127+49.080
5Y15.12710Y10.981+4.147
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ18.5450.817+17.728
TTM64.2070.816+63.391
YOY9.6090.799+8.810
5Y15.1270.716+14.411
10Y10.9810.709+10.272

1.3. Liquidity of Fountain Asset Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Fountain Asset Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Credit Services industry mean).
  • A Current Ratio of 10.39 means the company has $10.39 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Fountain Asset Corp:

  • The MRQ is 10.394. The company is very able to pay all its short-term debts. +2
  • The TTM is 97.364. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ10.394TTM97.364-86.970
TTM97.364YOY132.096-34.732
TTM97.3645Y74.186+23.178
5Y74.18610Y93.013-18.827
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ10.3943.006+7.388
TTM97.3643.353+94.011
YOY132.0962.540+129.556
5Y74.1864.074+70.112
10Y93.0134.335+88.678
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Fountain Asset Corp to the Credit Services industry mean.
  • A Quick Ratio of 1.48 means the company can pay off $1.48 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Fountain Asset Corp:

  • The MRQ is 1.485. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 0.811. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.485TTM0.811+0.674
TTM0.811YOY4.876-4.065
TTM0.8115Y2.638-1.828
5Y2.63810Y3.197-0.558
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4851.975-0.490
TTM0.8112.227-1.416
YOY4.8761.916+2.960
5Y2.6383.814-1.176
10Y3.1973.638-0.441

1.4. Solvency of Fountain Asset Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Fountain Asset Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Fountain Asset Corp to Credit Services industry mean.
  • A Debt to Asset Ratio of 0.01 means that Fountain Asset Corp assets are financed with 0.6% credit (debt) and the remaining percentage (100% - 0.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Fountain Asset Corp:

  • The MRQ is 0.006. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.010. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.006TTM0.010-0.004
TTM0.010YOY0.018-0.008
TTM0.0105Y0.052-0.042
5Y0.05210Y0.048+0.004
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0060.729-0.723
TTM0.0100.716-0.706
YOY0.0180.709-0.691
5Y0.0520.711-0.659
10Y0.0480.693-0.645
1.4.2. Debt to Equity Ratio

Measures if Fountain Asset Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Fountain Asset Corp to the Credit Services industry mean.
  • A Debt to Equity ratio of 0.6% means that company has $0.01 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Fountain Asset Corp:

  • The MRQ is 0.006. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.010. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.006TTM0.010-0.004
TTM0.010YOY0.019-0.009
TTM0.0105Y0.058-0.048
5Y0.05810Y0.053+0.005
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0062.575-2.569
TTM0.0102.383-2.373
YOY0.0192.317-2.298
5Y0.0582.329-2.271
10Y0.0532.391-2.338

2. Market Valuation of Fountain Asset Corp

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 Fountain Asset Corp generates.

  • Above 15 is considered overpriced but always compare Fountain Asset Corp to the Credit Services industry mean.
  • A PE ratio of -1.24 means the investor is paying $-1.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Fountain Asset Corp:

  • The EOD is -1.031. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.238. Based on the earnings, the company is expensive. -2
  • The TTM is -2.905. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.031MRQ-1.238+0.206
MRQ-1.238TTM-2.905+1.667
TTM-2.905YOY4.046-6.951
TTM-2.9055Y0.587-3.492
5Y0.58710Y-0.290+0.877
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
EOD-1.0316.808-7.839
MRQ-1.2386.289-7.527
TTM-2.9056.578-9.483
YOY4.0467.303-3.257
5Y0.5878.537-7.950
10Y-0.29011.727-12.017
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Fountain Asset Corp:

  • The EOD is -3.997. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.796. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.412. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.997MRQ-4.796+0.799
MRQ-4.796TTM-1.412-3.383
TTM-1.412YOY-0.182-1.231
TTM-1.4125Y-1.235-0.178
5Y-1.23510Y30.980-32.215
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
EOD-3.997-0.702-3.295
MRQ-4.796-0.673-4.123
TTM-1.412-0.332-1.080
YOY-0.182-0.451+0.269
5Y-1.235-0.002-1.233
10Y30.9800.006+30.974
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Credit Services industry mean).
  • A PB ratio of 0.36 means the investor is paying $0.36 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Fountain Asset Corp:

  • The EOD is 0.301. Based on the equity, the company is cheap. +2
  • The MRQ is 0.361. Based on the equity, the company is cheap. +2
  • The TTM is 0.498. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.301MRQ0.361-0.060
MRQ0.361TTM0.498-0.137
TTM0.498YOY0.883-0.384
TTM0.4985Y0.753-0.255
5Y0.75310Y0.859-0.106
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.3010.930-0.629
MRQ0.3610.861-0.500
TTM0.4980.860-0.362
YOY0.8831.071-0.188
5Y0.7531.235-0.482
10Y0.8591.430-0.571
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Fountain Asset Corp 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---0.012-0.012+5%-0.042+259%-0.018+55%0.006-299%
Book Value Per Share--0.1660.181-8%0.263-37%0.316-48%0.327-49%
Current Ratio--10.39497.364-89%132.096-92%74.186-86%93.013-89%
Debt To Asset Ratio--0.0060.010-36%0.018-65%0.052-88%0.048-87%
Debt To Equity Ratio--0.0060.010-36%0.019-66%0.058-89%0.053-88%
Dividend Per Share----0%-0%-0%-0%
Eps---0.012-0.013+7%-0.043+252%-0.020+62%-0.008-35%
Free Cash Flow Per Share---0.003-0.004+18%-0.001-83%-0.003-2%-0.001-64%
Free Cash Flow To Equity Per Share---0.003-0.004+18%-0.001-83%-0.004+16%0.000-91%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.129--------
Intrinsic Value_10Y_min---0.108--------
Intrinsic Value_1Y_max---0.003--------
Intrinsic Value_1Y_min---0.003--------
Intrinsic Value_3Y_max---0.016--------
Intrinsic Value_3Y_min---0.015--------
Intrinsic Value_5Y_max---0.039--------
Intrinsic Value_5Y_min---0.036--------
Market Cap3088835.000-20%3711867.7205645132.158-34%14460817.993-74%15361185.711-76%17944217.365-79%
Net Profit Margin---51.114-141.497+177%4.421-1256%-27.104-47%-19.354-62%
Operating Margin----0%-0%0.081-100%0.058-100%
Operating Ratio--18.54564.207-71%9.609+93%15.127+23%10.981+69%
Pb Ratio0.301-20%0.3610.498-27%0.883-59%0.753-52%0.859-58%
Pe Ratio-1.031+17%-1.238-2.905+135%4.046-131%0.587-311%-0.290-77%
Price Per Share0.050-20%0.0600.091-34%0.234-74%0.249-76%0.290-79%
Price To Free Cash Flow Ratio-3.997+17%-4.796-1.412-71%-0.182-96%-1.235-74%30.980-115%
Price To Total Gains Ratio-4.246+17%-5.096-13.147+158%15.102-134%0.038-13559%8.910-157%
Quick Ratio--1.4850.811+83%4.876-70%2.638-44%3.197-54%
Return On Assets---0.073-0.070-3%-0.163+125%-0.073+1%-0.040-45%
Return On Equity---0.073-0.071-3%-0.165+127%-0.080+10%-0.044-39%
Total Gains Per Share---0.012-0.012+5%-0.042+259%-0.018+55%0.006-299%
Usd Book Value--7562806.7868244994.810-8%11962090.866-37%14405006.996-47%14888037.830-49%
Usd Book Value Change Per Share---0.009-0.009+5%-0.031+259%-0.013+55%0.004-299%
Usd Book Value Per Share--0.1220.133-8%0.193-37%0.233-48%0.241-49%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.009-0.010+7%-0.031+252%-0.014+62%-0.006-35%
Usd Free Cash Flow---142468.896-167973.960+18%-23832.558-83%-139774.480-2%-50679.818-64%
Usd Free Cash Flow Per Share---0.002-0.003+18%0.000-83%-0.002-2%-0.001-64%
Usd Free Cash Flow To Equity Per Share---0.002-0.003+18%0.000-83%-0.003+16%0.000-91%
Usd Market Cap2274309.211-20%2733048.2024156510.808-34%10647500.288-74%11310441.039-76%13212327.246-79%
Usd Price Per Share0.037-20%0.0440.067-34%0.172-74%0.183-76%0.214-79%
Usd Profit---552074.795-588901.392+7%-1943288.058+252%-892814.481+62%-358033.028-35%
Usd Revenue--10800.7855538.449+95%-1749934.022+16302%-596802.111+5626%98754.528-89%
Usd Total Gains Per Share---0.009-0.009+5%-0.031+259%-0.013+55%0.004-299%
 EOD+3 -5MRQTTM+22 -10YOY+16 -165Y+18 -1510Y+6 -27

3.2. Fundamental Score

Let's check the fundamental score of Fountain Asset Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.031
Price to Book Ratio (EOD)Between0-10.301
Net Profit Margin (MRQ)Greater than0-51.114
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.485
Current Ratio (MRQ)Greater than110.394
Debt to Asset Ratio (MRQ)Less than10.006
Debt to Equity Ratio (MRQ)Less than10.006
Return on Equity (MRQ)Greater than0.15-0.073
Return on Assets (MRQ)Greater than0.05-0.073
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Fountain Asset Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.158
Ma 20Greater thanMa 500.046
Ma 50Greater thanMa 1000.043
Ma 100Greater thanMa 2000.048
OpenGreater thanClose0.050
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets10,336
Total Liabilities65
Total Stockholder Equity10,271
 As reported
Total Liabilities 65
Total Stockholder Equity+ 10,271
Total Assets = 10,336

Assets

Total Assets10,336
Total Current Assets677
Long-term Assets9,660
Total Current Assets
Cash And Cash Equivalents 469
Short-term Investments 40
Net Receivables 57
Total Current Assets  (as reported)677
Total Current Assets  (calculated)566
+/- 111
Long-term Assets
Long Term Investments 9,660
Long-term Assets  (as reported)9,660
Long-term Assets  (calculated)9,660
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities65
Long-term Liabilities0
Total Stockholder Equity10,271
Total Current Liabilities
Total Current Liabilities  (as reported)65
Total Current Liabilities  (calculated)0
+/- 65
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)10,271
Total Stockholder Equity (calculated)0
+/- 10,271
Other
Capital Stock29,799
Common Stock Shares Outstanding 61,864
Net Invested Capital 10,271
Net Working Capital 612



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
15,516
18,550
18,701
19,011
23,419
23,567
27,762
35,206
36,916
40,865
37,873
26,954
18,393
16,091
16,483
16,386
19,590
24,330
24,990
24,099
20,833
18,835
13,259
13,420
11,995
11,870
11,046
10,336
10,33611,04611,87011,99513,42013,25918,83520,83324,09924,99024,33019,59016,38616,48316,09118,39326,95437,87340,86536,91635,20627,76223,56723,41919,01118,70118,55015,516
   > Total Current Assets 
12,750
13,461
12,665
13,077
15,969
23,567
27,762
35,206
36,916
10,637
6,791
5,490
18,393
16,091
16,483
16,386
19,590
24,330
24,990
24,099
20,833
18,835
13,259
13,420
11,955
11,870
11,046
677
67711,04611,87011,95513,42013,25918,83520,83324,09924,99024,33019,59016,38616,48316,09118,3935,4906,79110,63736,91635,20627,76223,56715,96913,07712,66513,46112,750
       Cash And Cash Equivalents 
378
150
442
887
1,299
1,858
1,855
4,953
1,414
1,964
833
644
336
0
184
690
1,023
1,913
1,272
1,511
2,959
1,208
404
1,382
1,469
715
663
469
4696637151,4691,3824041,2082,9591,5111,2721,9131,02369018403366448331,9641,4144,9531,8551,8581,299887442150378
       Short-term Investments 
0
0
0
0
0
0
0
0
0
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40404040404040404040404040404040404040000000000
       Net Receivables 
885
952
667
561
805
452
540
600
650
767
814
624
626
726
740
593
1,234
320
320
434
315
626
544
328
55
0
3
57
5730553285446263154343203201,234593740726626624814767650600540452805561667952885
       Other Current Assets 
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
0
40
40
0
040400404040404040404040404040404040404040404040404040
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
30,229
31,081
21,464
14,406
12,233
13,437
13,590
15,993
20,457
22,566
21,483
17,352
16,787
12,092
11,486
10,249
10,943
10,158
9,660
9,66010,15810,94310,24911,48612,09216,78717,35221,48322,56620,45715,99313,59013,43712,23314,40621,46431,08130,229000000000
       Long Term Investments 
2,766
5,088
6,035
5,935
7,450
0
40
0
0
30,229
31,081
21,464
14,406
12,233
13,437
13,590
15,993
20,457
22,566
21,483
17,352
16,787
12,092
11,486
10,249
10,943
10,158
9,660
9,66010,15810,94310,24911,48612,09216,78717,35221,48322,56620,45715,99313,59013,43712,23314,40621,46431,08130,229004007,4505,9356,0355,0882,766
> Total Liabilities 
936
941
918
841
476
193
77
2,471
2,847
2,765
2,713
2,659
2,513
2,221
2,268
2,337
332
214
303
295
613
619
43
86
159
186
46
65
654618615986436196132953032143322,3372,2682,2212,5132,6592,7132,7652,8472,47177193476841918941936
   > Total Current Liabilities 
171
176
153
236
146
68
77
2,471
2,847
179
128
73
2,513
2,221
2,268
2,337
332
214
303
295
613
619
43
86
159
186
46
65
654618615986436196132953032143322,3372,2682,2212,513731281792,8472,4717768146236153176171
       Short-term Debt 
782
763
764
604
330
125
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000125330604764763782
       Short Long Term Debt 
782
763
764
604
330
125
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000125330604764763782
       Accounts payable 
154
178
153
236
146
68
77
57
262
179
128
73
398
106
153
222
303
185
274
121
198
204
43
86
159
186
46
0
046186159864320419812127418530322215310639873128179262577768146236153178154
       Other Current Liabilities 
0
0
0
0
0
0
0
278
0
0
0
0
29
29
29
29
29
29
29
29
23
23
0
0
0
0
0
0
0000002323292929292929292900002780000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
2,585
2,585
2,585
2,085
2,085
2,085
2,085
0
0
0
145
393
393
0
0
0
0
0
0
0000003933931450002,0852,0852,0852,0852,5852,5852,585000000000
> Total Stockholder Equity
14,580
17,609
17,783
18,171
22,943
23,374
27,685
32,735
34,069
38,100
35,160
24,296
15,880
13,870
14,215
14,049
19,257
24,116
24,687
23,804
20,220
18,215
13,216
13,334
11,836
11,684
11,000
10,271
10,27111,00011,68411,83613,33413,21618,21520,22023,80424,68724,11619,25714,04914,21513,87015,88024,29635,16038,10034,06932,73527,68523,37422,94318,17117,78317,60914,580
   Common Stock
27,108
27,108
27,108
27,108
27,133
29,181
29,170
29,200
29,153
29,153
29,153
29,153
29,153
29,153
29,153
29,153
29,799
29,799
29,799
29,799
29,799
29,799
29,799
29,799
29,799
29,799
29,799
0
029,79929,79929,79929,79929,79929,79929,79929,79929,79929,79929,79929,15329,15329,15329,15329,15329,15329,15329,15329,20029,17029,18127,13327,10827,10827,10827,108
   Retained Earnings 
-19,232
-18,526
-19,388
-18,909
-16,037
-11,338
-7,147
-2,158
-1,137
2,787
-248
-11,180
-19,642
-21,684
-21,352
-21,605
-17,066
-12,224
-11,741
-12,653
-16,267
-18,300
-23,322
-23,210
-24,778
-24,960
-25,660
-26,410
-26,410-25,660-24,960-24,778-23,210-23,322-18,300-16,267-12,653-11,741-12,224-17,066-21,605-21,352-21,684-19,642-11,180-2482,787-1,137-2,158-7,147-11,338-16,037-18,909-19,388-18,526-19,232
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
1,383
3,706
4,652
4,561
6,315
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000006,3154,5614,6523,7061,383



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue30
Cost of Revenue-411
Gross Profit-381-381
 
Operating Income (+$)
Gross Profit-381
Operating Expense-925
Operating Income-895-1,306
 
Operating Expense (+$)
Research Development-
Selling General Administrative488
Selling And Marketing Expenses-
Operating Expense925488
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-895
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-3,2411,452
EBIT - interestExpense = 0
-3,199
-3,199
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--3,241
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-3,241
Tax Provision--42
Net Income From Continuing Ops-3,199-3,199
Net Income-3,199
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-2,3470
 

Technical Analysis of Fountain Asset Corp
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 Fountain Asset Corp. The general trend of Fountain Asset Corp is BEARISH with 14.3% 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 Fountain Asset Corp'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 (-14.3%) Bearish trend (14.3%)
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 Fountain Asset Corp.

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

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

The bullish price targets are: 0.05 < 0.05 < 0.05.

The bearish price targets are: 0.04 > 0.04 > 0.04.

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Fountain Asset Corp 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 Fountain Asset Corp. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower 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 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 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 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

Fountain Asset Corp 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 Fountain Asset Corp. The current macd is 0.00226268.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Fountain Asset Corp price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Fountain Asset Corp. 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 Fountain Asset Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Fountain Asset Corp Daily Moving Average Convergence/Divergence (MACD) ChartFountain Asset Corp 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 Fountain Asset Corp. The current adx is 18.84.

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 Fountain Asset Corp 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.
Fountain Asset Corp 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 Fountain Asset Corp. The current sar is 0.03957297.

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
Fountain Asset Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Fountain Asset Corp. The current rsi is 60.16. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Fountain Asset Corp Daily Relative Strength Index (RSI) ChartFountain Asset Corp 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 Fountain Asset Corp. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Fountain Asset Corp price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Fountain Asset Corp Daily Stochastic Oscillator ChartFountain Asset Corp 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 Fountain Asset Corp. The current cci is 60.61.

Fountain Asset Corp Daily Commodity Channel Index (CCI) ChartFountain Asset Corp 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 Fountain Asset Corp. The current cmo is 24.04.

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
Fountain Asset Corp Daily Chande Momentum Oscillator (CMO) ChartFountain Asset Corp 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 Fountain Asset Corp. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Fountain Asset Corp Daily Williams %R ChartFountain Asset Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Fountain Asset Corp.

Fountain Asset Corp 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 Fountain Asset Corp. The current atr is 0.00169192.

Fountain Asset Corp Daily Average True Range (ATR) ChartFountain Asset Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Fountain Asset Corp. The current obv is -1,036,990.

Fountain Asset Corp Daily On-Balance Volume (OBV) ChartFountain Asset Corp 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 Fountain Asset Corp. The current mfi is 29.15.

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

  • MFI < 50: -1
Fountain Asset Corp Daily Money Flow Index (MFI) ChartFountain Asset Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Fountain Asset Corp.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-05DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12DMI 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
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).
2024-03-14DMI 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).
2024-03-15DMI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Fountain Asset Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Fountain Asset Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.158
Ma 20Greater thanMa 500.046
Ma 50Greater thanMa 1000.043
Ma 100Greater thanMa 2000.048
OpenGreater thanClose0.050
Total2/5 (40.0%)
Penke

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