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FTC Solar Inc
Buy, Hold or Sell?

Let's analyse FTC Solar Inc together

PenkeI guess you are interested in FTC Solar Inc. 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 FTC Solar Inc. 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 FTC Solar Inc (30 sec.)










What can you expect buying and holding a share of FTC Solar Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
6.3%

What is your share worth?

Current worth
$0.50
Expected worth in 1 year
$0.47
How sure are you?
31.3%

+ What do you gain per year?

Total Gains per Share
$-0.03
Return On Investment
-5.9%

For what price can you sell your share?

Current Price per Share
$0.54
Expected price per share
$0.282 - $0.999
How sure are you?
50%

1. Valuation of FTC Solar Inc (5 min.)




Live pricePrice per Share (EOD)

$0.54

Intrinsic Value Per Share

$-12.45 - $-14.72

Total Value Per Share

$-11.95 - $-14.22

2. Growth of FTC Solar Inc (5 min.)




Is FTC Solar Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$62.4m$92m-$20.9m-29.5%

How much money is FTC Solar Inc making?

Current yearPrevious yearGrowGrow %
Making money-$12.5m-$24.9m$12.3m98.1%
Net Profit Margin-41.1%-93.1%--

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

3. Financial Health of FTC Solar Inc (5 min.)




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




  Industry Rankings (Solar)  


Richest
#47 / 84

Most Revenue
#42 / 84

Most Profit
#75 / 84

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

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

What can you expect buying and holding a share of FTC Solar Inc?

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

Speculation

The Price per Share of FTC Solar Inc is $0.539. 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 FTC Solar Inc.
  • 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 FTC Solar Inc, 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 $0.50. Based on the TTM, the Book Value Change Per Share is $-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.15 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 $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of FTC Solar Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.09-16.5%-0.10-18.6%-0.20-36.8%-0.14-25.5%-0.14-25.5%
Usd Book Value Change Per Share-0.09-17.1%-0.01-1.5%-0.15-28.2%0.035.8%0.035.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.035.1%0.035.1%
Usd Total Gains Per Share-0.09-17.1%-0.01-1.5%-0.15-28.2%0.0610.9%0.0610.9%
Usd Price Per Share0.69-1.86-3.55-3.14-3.14-
Price to Earnings Ratio-1.95--5.01--4.43--4.12--4.12-
Price-to-Total Gains Ratio-7.50-39.09--23.07-4.03-4.03-
Price to Book Ratio1.39-3.20-4.83-3.38-3.38-
Price-to-Total Gains Ratio-7.50-39.09--23.07-4.03-4.03-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.539
Number of shares1855
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.03
Usd Book Value Change Per Share-0.010.03
Usd Total Gains Per Share-0.010.06
Gains per Quarter (1855 shares)-14.69108.86
Gains per Year (1855 shares)-58.76435.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-59-69205231425
20-118-128410461860
30-176-1876146921295
40-235-2468199231730
50-294-305102411532165
60-353-364122913842600
70-411-423143416143035
80-470-482163818453470
90-529-541184320763905
100-588-600204823064340

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%0.012.00.00.0%1.015.00.06.3%1.015.00.06.3%1.015.00.06.3%
Book Value Change Per Share2.02.00.050.0%3.09.00.025.0%4.09.03.025.0%4.09.03.025.0%4.09.03.025.0%
Dividend per Share0.00.04.00.0%1.00.011.08.3%1.00.015.06.3%1.00.015.06.3%1.00.015.06.3%
Total Gains per Share2.02.00.050.0%4.08.00.033.3%5.08.03.031.3%5.08.03.031.3%5.08.03.031.3%

Fundamentals of FTC Solar Inc

About FTC Solar Inc

FTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. Its customers include project developers and solar asset owners, as well as engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.

Fundamental data was last updated by Penke on 2024-03-20 17:40:02.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
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 FTC Solar Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit FTC Solar Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare FTC Solar Inc to the Solar industry mean.
  • A Net Profit Margin of -48.2% means that $-0.48 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of FTC Solar Inc:

  • The MRQ is -48.2%. The company is making a huge loss. -2
  • The TTM is -41.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-48.2%TTM-41.1%-7.0%
TTM-41.1%YOY-93.1%+52.0%
TTM-41.1%5Y-47.3%+6.1%
5Y-47.3%10Y-47.3%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-48.2%0.7%-48.9%
TTM-41.1%-4.3%-36.8%
YOY-93.1%-0.3%-92.8%
5Y-47.3%-7.8%-39.5%
10Y-47.3%-8.3%-39.0%
1.1.2. Return on Assets

Shows how efficient FTC Solar Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare FTC Solar Inc to the Solar industry mean.
  • -9.1% Return on Assets means that FTC Solar Inc generated $-0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of FTC Solar Inc:

  • The MRQ is -9.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -9.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-9.1%TTM-9.4%+0.3%
TTM-9.4%YOY-14.9%+5.5%
TTM-9.4%5Y-10.2%+0.8%
5Y-10.2%10Y-10.2%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.1%-0.1%-9.0%
TTM-9.4%-0.2%-9.2%
YOY-14.9%-0.2%-14.7%
5Y-10.2%-0.6%-9.6%
10Y-10.2%-0.6%-9.6%
1.1.3. Return on Equity

Shows how efficient FTC Solar Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare FTC Solar Inc to the Solar industry mean.
  • -17.9% Return on Equity means FTC Solar Inc generated $-0.18 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of FTC Solar Inc:

  • The MRQ is -17.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -17.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.9%TTM-17.8%-0.1%
TTM-17.8%YOY-27.8%+10.0%
TTM-17.8%5Y-117.2%+99.4%
5Y-117.2%10Y-117.2%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.9%0.6%-18.5%
TTM-17.8%0.4%-18.2%
YOY-27.8%0.5%-28.3%
5Y-117.2%-0.5%-116.7%
10Y-117.2%-0.6%-116.6%

1.2. Operating Efficiency of FTC Solar Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient FTC Solar Inc is operating .

  • Measures how much profit FTC Solar Inc 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 FTC Solar Inc to the Solar industry mean.
  • An Operating Margin of -50.6% means the company generated $-0.51  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of FTC Solar Inc:

  • The MRQ is -50.6%. The company is operating very inefficient. -2
  • The TTM is -42.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-50.6%TTM-42.0%-8.6%
TTM-42.0%YOY-93.8%+51.8%
TTM-42.0%5Y-47.7%+5.8%
5Y-47.7%10Y-47.7%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-50.6%-4.3%-46.3%
TTM-42.0%-0.7%-41.3%
YOY-93.8%0.2%-94.0%
5Y-47.7%0.1%-47.8%
10Y-47.7%-1.4%-46.3%
1.2.2. Operating Ratio

Measures how efficient FTC Solar Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Solar industry mean).
  • An Operation Ratio of 1.51 means that the operating costs are $1.51 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of FTC Solar Inc:

  • The MRQ is 1.506. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.416. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.506TTM1.416+0.090
TTM1.416YOY1.938-0.522
TTM1.4165Y1.502-0.087
5Y1.50210Y1.5020.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5061.629-0.123
TTM1.4161.630-0.214
YOY1.9381.680+0.258
5Y1.5021.618-0.116
10Y1.5021.423+0.079

1.3. Liquidity of FTC Solar Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if FTC Solar Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Solar industry mean).
  • A Current Ratio of 1.98 means the company has $1.98 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of FTC Solar Inc:

  • The MRQ is 1.985. The company is able to pay all its short-term debts. +1
  • The TTM is 2.108. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.985TTM2.108-0.123
TTM2.108YOY2.172-0.064
TTM2.1085Y1.836+0.272
5Y1.83610Y1.8360.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9851.265+0.720
TTM2.1081.390+0.718
YOY2.1721.456+0.716
5Y1.8361.536+0.300
10Y1.8361.355+0.481
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare FTC Solar Inc to the Solar industry mean.
  • A Quick Ratio of 1.66 means the company can pay off $1.66 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of FTC Solar Inc:

  • The MRQ is 1.656. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.793. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.656TTM1.793-0.137
TTM1.793YOY1.793+0.000
TTM1.7935Y1.547+0.245
5Y1.54710Y1.5470.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6560.517+1.139
TTM1.7930.575+1.218
YOY1.7930.648+1.145
5Y1.5470.651+0.896
10Y1.5470.728+0.819

1.4. Solvency of FTC Solar Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of FTC Solar Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare FTC Solar Inc to Solar industry mean.
  • A Debt to Asset Ratio of 0.49 means that FTC Solar Inc assets are financed with 49.2% credit (debt) and the remaining percentage (100% - 49.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of FTC Solar Inc:

  • The MRQ is 0.492. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.470. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.492TTM0.470+0.022
TTM0.470YOY0.462+0.008
TTM0.4705Y0.412+0.058
5Y0.41210Y0.4120.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4920.588-0.096
TTM0.4700.587-0.117
YOY0.4620.611-0.149
5Y0.4120.617-0.205
10Y0.4120.614-0.202
1.4.2. Debt to Equity Ratio

Measures if FTC Solar Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare FTC Solar Inc to the Solar industry mean.
  • A Debt to Equity ratio of 97.0% means that company has $0.97 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of FTC Solar Inc:

  • The MRQ is 0.970. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.895. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.970TTM0.895+0.076
TTM0.895YOY0.865+0.030
TTM0.8955Y10.135-9.241
5Y10.13510Y10.1350.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9701.389-0.419
TTM0.8951.367-0.472
YOY0.8651.657-0.792
5Y10.1351.730+8.405
10Y10.1351.617+8.518

2. Market Valuation of FTC Solar Inc

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 FTC Solar Inc generates.

  • Above 15 is considered overpriced but always compare FTC Solar Inc to the Solar industry mean.
  • A PE ratio of -1.95 means the investor is paying $-1.95 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of FTC Solar Inc:

  • The EOD is -1.514. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.947. Based on the earnings, the company is expensive. -2
  • The TTM is -5.009. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.514MRQ-1.947+0.433
MRQ-1.947TTM-5.009+3.062
TTM-5.009YOY-4.432-0.577
TTM-5.0095Y-4.117-0.893
5Y-4.11710Y-4.1170.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-1.514-0.072-1.442
MRQ-1.947-0.031-1.916
TTM-5.009-0.031-4.978
YOY-4.432-1.055-3.377
5Y-4.117-2.382-1.735
10Y-4.1171.668-5.785
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of FTC Solar Inc:

  • The EOD is -2.553. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.283. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.688. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.553MRQ-3.283+0.730
MRQ-3.283TTM-4.688+1.405
TTM-4.688YOY-4.577-0.111
TTM-4.6885Y-4.912+0.224
5Y-4.91210Y-4.9120.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-2.553-2.787+0.234
MRQ-3.283-3.500+0.217
TTM-4.688-4.410-0.278
YOY-4.577-4.654+0.077
5Y-4.912-5.746+0.834
10Y-4.912-6.822+1.910
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Solar industry mean).
  • A PB ratio of 1.39 means the investor is paying $1.39 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of FTC Solar Inc:

  • The EOD is 1.084. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.393. Based on the equity, the company is underpriced. +1
  • The TTM is 3.200. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.084MRQ1.393-0.310
MRQ1.393TTM3.200-1.807
TTM3.200YOY4.832-1.632
TTM3.2005Y3.376-0.176
5Y3.37610Y3.3760.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD1.0841.288-0.204
MRQ1.3931.570-0.177
TTM3.2001.728+1.472
YOY4.8322.216+2.616
5Y3.3761.933+1.443
10Y3.3762.346+1.030
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of FTC Solar Inc.

3.1. Institutions holding FTC Solar Inc

Institutions are holding 26.996% of the shares of FTC Solar Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Hill City Capital, LP3.46380.7438433000000
2023-09-30Electron Capital Partners, LLC3.43850.246842983572242410109.0694
2023-12-31BlackRock Inc3.2170.000140214442142975.6288
2023-09-30Millennium Management LLC2.22450.0018278073883382942.8283
2023-09-30Vanguard Group Inc2.08880.000126110791893927.8207
2023-09-30Rock Point Advisors, LLC1.34330.7438167915047826539.826
2023-09-30State Street Corporation1.25580.0001156986518909913.6952
2023-09-30Geode Capital Management, LLC1.02930.0002128663623271422.0808
2023-12-31Amvescap Plc.0.78880.0002985987-1438629-59.3343
2023-09-30Point72 Asset Management, L.P.0.6720.0031840000-1341143-61.4881
2023-09-30Goldman Sachs Group Inc0.63540.0002794282-205282-20.5372
2023-09-30MAVEN SECURITIES Ltd0.60.01097500007500000
2023-12-31GSA Capital Partners LLP0.58670.042773345127762660.9063
2023-12-31AQR Capital Management LLC0.51240.00086404796404790
2023-09-30Ardsley Advisory Partners0.50.17866250006250000
2023-12-31First Trust Advisors L.P.0.49980.0005624776-726-0.1161
2023-09-30Diametric Capital, LP0.49190.3293614963-6333-1.0193
2023-09-30Hound Partners, LLC0.48780.1736097566097560
2023-09-30Northern Trust Corp0.44380.00015548106445613.1448
2023-09-30Charles Schwab Investment Management Inc0.37780.000247229011581632.4893
Total 24.65742.476330823063+4471026+14.5%

3.2. Funds holding FTC Solar Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Vanguard Total Stock Mkt Idx Inv1.25530.0001157472800
2023-06-30Cushing NextGen Infrastructure1.19453.1658149847313711011076.454
2024-02-29iShares Russell 2000 ETF1.14830.00121440444-235-0.0163
2024-02-29Invesco Raymond James SB-1 Equity ETF0.7110.3786891977-493599-35.6241
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr0.65250.000481858300
2023-12-31Fidelity Small Cap Index0.52840.0018662893482417.8485
2024-02-29iShares Russell 2000 Growth ETF0.4470.0025560749-652-0.1161
2023-08-31ENETIA Energy Transition Fund A EURh0.44030.738555239800
2024-02-29First Trust NASDAQ® Cln Edge® GrnEngyETF0.43020.032553970300
2024-02-29State St Russell Sm/Mid Cp® Indx NL Cl C0.32480.000540741400
2024-01-31Fidelity Extended Market Index0.30890.000538745800
2024-01-31CREF Stock R10.27850.00023493403493400
2024-02-29Schwab US Small-Cap ETF™0.24120.000830255100
2024-02-29Vanguard Russell 2000 ETF0.20310.0014254827192248.1595
2024-02-29State St Russell Sm Cap® Indx SL Cl I0.18770.001323550100
2023-06-30Cushing Global Clean Equity Strategy0.16543.0076207457149442257.592
2023-12-31BlackRock Extended Equity Market K0.15530.0011948339567196.4795
2023-12-31NT R2000 Growth Index Fund - NL0.15250.003619135700
2023-08-17MUAM Cleantech Stock Index MF0.15242.19951911311911310
2023-12-31NT R2000 Index Fund - NL0.14630.00181835323150.1719
Total 9.12369.539611445349+1729979+15.1%

3.3. Insider Transactions

Insiders are holding 38.081% of the shares of FTC Solar Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-03-18Ahmad R ChatilaBUY1018000.49
2023-12-13Robert Phelps MorrisSELL197910.73
2023-12-08Ahmad R ChatilaBUY139600.75
2023-12-01Ahmad R ChatilaBUY145500.68
2023-11-17William A PriddyBUY200000.52
2023-11-15Cathy BehnenBUY1000000.52
2023-11-14Ahmad R ChatilaBUY2130300.47
2023-09-14Robert Phelps MorrisBUY720001.4
2023-09-14William A PriddyBUY170001.43
2023-09-13Arc Family TrustSELL500001.37
2023-09-11Arc Family TrustSELL500001.63
2023-09-11Kristian NoldeSELL200001.65
2023-09-08Kristian NoldeSELL200001.7
2023-09-08Patrick CookSELL1000001.63
2023-09-07Arc Family TrustSELL500001.74
2023-09-05Arc Family TrustSELL500001.97
2023-08-30Arc Family TrustSELL500001.99
2023-08-28Arc Family TrustSELL500001.95
2023-08-23Arc Family TrustSELL500001.96
2023-08-21Arc Family TrustSELL500001.92

4. Summary

4.1. Key Performance Indicators

The key performance indicators of FTC Solar Inc 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---0.092-0.008-91%-0.152+65%0.031-397%0.031-397%
Book Value Per Share--0.4970.566-12%0.733-32%0.571-13%0.571-13%
Current Ratio--1.9852.108-6%2.172-9%1.836+8%1.836+8%
Debt To Asset Ratio--0.4920.470+5%0.462+7%0.412+20%0.412+20%
Debt To Equity Ratio--0.9700.895+8%0.865+12%10.135-90%10.135-90%
Dividend Per Share----0%-0%0.028-100%0.028-100%
Eps---0.089-0.100+12%-0.198+123%-0.137+54%-0.137+54%
Free Cash Flow Per Share---0.053-0.106+102%-0.110+109%-0.121+130%-0.121+130%
Free Cash Flow To Equity Per Share---0.054-0.039-28%-0.109+100%-0.002-96%-0.002-96%
Gross Profit Margin--1.4411.284+12%1.087+32%1.141+26%1.141+26%
Intrinsic Value_10Y_max---14.716--------
Intrinsic Value_10Y_min---12.449--------
Intrinsic Value_1Y_max---0.766--------
Intrinsic Value_1Y_min---0.752--------
Intrinsic Value_3Y_max---2.841--------
Intrinsic Value_3Y_min---2.701--------
Intrinsic Value_5Y_max---5.568--------
Intrinsic Value_5Y_min---5.121--------
Market Cap67705946.000-29%87050502.000233736250.500-63%445615665.000-80%394844056.375-78%394844056.375-78%
Net Profit Margin---0.482-0.411-15%-0.931+93%-0.473-2%-0.473-2%
Operating Margin---0.506-0.420-17%-0.938+85%-0.477-6%-0.477-6%
Operating Ratio--1.5061.416+6%1.938-22%1.502+0%1.502+0%
Pb Ratio1.084-29%1.3933.200-56%4.832-71%3.376-59%3.376-59%
Pe Ratio-1.514+22%-1.947-5.009+157%-4.432+128%-4.117+111%-4.117+111%
Price Per Share0.539-29%0.6931.861-63%3.548-80%3.143-78%3.143-78%
Price To Free Cash Flow Ratio-2.553+22%-3.283-4.688+43%-4.577+39%-4.912+50%-4.912+50%
Price To Total Gains Ratio-5.835+22%-7.50239.087-119%-23.071+208%4.026-286%4.026-286%
Quick Ratio--1.6561.793-8%1.793-8%1.547+7%1.547+7%
Return On Assets---0.091-0.094+3%-0.149+64%-0.102+13%-0.102+13%
Return On Equity---0.179-0.178-1%-0.278+55%-1.172+555%-1.172+555%
Total Gains Per Share---0.092-0.008-91%-0.152+65%0.059-257%0.059-257%
Usd Book Value--62471000.00071045000.000-12%92036250.000-32%71704375.000-13%71704375.000-13%
Usd Book Value Change Per Share---0.092-0.008-91%-0.152+65%0.031-397%0.031-397%
Usd Book Value Per Share--0.4970.566-12%0.733-32%0.571-13%0.571-13%
Usd Dividend Per Share----0%-0%0.028-100%0.028-100%
Usd Eps---0.089-0.100+12%-0.198+123%-0.137+54%-0.137+54%
Usd Free Cash Flow---6629000.000-13368000.000+102%-13873750.000+109%-15225812.500+130%-15225812.500+130%
Usd Free Cash Flow Per Share---0.053-0.106+102%-0.110+109%-0.121+130%-0.121+130%
Usd Free Cash Flow To Equity Per Share---0.054-0.039-28%-0.109+100%-0.002-96%-0.002-96%
Usd Market Cap67705946.000-29%87050502.000233736250.500-63%445615665.000-80%394844056.375-78%394844056.375-78%
Usd Price Per Share0.539-29%0.6931.861-63%3.548-80%3.143-78%3.143-78%
Usd Profit---11177000.000-12572500.000+12%-24903250.000+123%-17244187.500+54%-17244187.500+54%
Usd Revenue--23201000.00031750500.000-27%30766500.000-25%44246562.500-48%44246562.500-48%
Usd Total Gains Per Share---0.092-0.008-91%-0.152+65%0.059-257%0.059-257%
 EOD+3 -5MRQTTM+10 -24YOY+21 -135Y+14 -2210Y+14 -22

4.2. Fundamental Score

Let's check the fundamental score of FTC Solar Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.514
Price to Book Ratio (EOD)Between0-11.084
Net Profit Margin (MRQ)Greater than0-0.482
Operating Margin (MRQ)Greater than0-0.506
Quick Ratio (MRQ)Greater than11.656
Current Ratio (MRQ)Greater than11.985
Debt to Asset Ratio (MRQ)Less than10.492
Debt to Equity Ratio (MRQ)Less than10.970
Return on Equity (MRQ)Greater than0.15-0.179
Return on Assets (MRQ)Greater than0.05-0.091
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of FTC Solar Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.012
Ma 20Greater thanMa 500.503
Ma 50Greater thanMa 1000.526
Ma 100Greater thanMa 2000.603
OpenGreater thanClose0.570
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets123,070
Total Liabilities60,599
Total Stockholder Equity62,471
 As reported
Total Liabilities 60,599
Total Stockholder Equity+ 62,471
Total Assets = 123,070

Assets

Total Assets123,070
Total Current Assets108,508
Long-term Assets14,562
Total Current Assets
Cash And Cash Equivalents 25,235
Net Receivables 65,279
Inventory 10,092
Other Current Assets 7,902
Total Current Assets  (as reported)108,508
Total Current Assets  (calculated)108,508
+/-0
Long-term Assets
Property Plant Equipment 3,642
Goodwill 7,353
Long Term Investments 240
Intangible Assets 542
Long-term Assets Other 2,785
Long-term Assets  (as reported)14,562
Long-term Assets  (calculated)14,562
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities54,665
Long-term Liabilities5,934
Total Stockholder Equity62,471
Total Current Liabilities
Short-term Debt 740
Accounts payable 7,979
Other Current Liabilities 42,334
Total Current Liabilities  (as reported)54,665
Total Current Liabilities  (calculated)51,053
+/- 3,612
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,124
Long-term Liabilities Other 4,810
Long-term Liabilities  (as reported)5,934
Long-term Liabilities  (calculated)5,934
+/- 0
Total Stockholder Equity
Common Stock13
Retained Earnings -299,135
Accumulated Other Comprehensive Income -293
Other Stockholders Equity 361,886
Total Stockholder Equity (as reported)62,471
Total Stockholder Equity (calculated)62,471
+/-0
Other
Capital Stock13
Cash and Short Term Investments 25,235
Common Stock Shares Outstanding 125,107
Current Deferred Revenue3,612
Liabilities and Stockholders Equity 123,070
Net Debt -23,371
Net Invested Capital 62,471
Net Working Capital 53,843
Property Plant and Equipment Gross 5,252
Short Long Term Debt Total 1,864



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-31
> Total Assets 
0
0
0
71,393
72,451
240,665
235,429
243,020
211,408
185,498
148,482
134,398
139,037
137,435
136,259
123,070
123,070136,259137,435139,037134,398148,482185,498211,408243,020235,429240,66572,45171,393000
   > Total Current Assets 
0
0
0
65,717
63,266
235,413
229,164
235,779
204,293
169,379
132,512
118,690
120,896
119,866
121,018
108,508
108,508121,018119,866120,896118,690132,512169,379204,293235,779229,164235,41363,26665,717000
       Cash And Cash Equivalents 
0
0
0
32,359
5,340
149,672
140,662
102,185
49,383
66,025
49,820
44,385
41,493
33,817
31,520
25,235
25,23531,52033,81741,49344,38549,82066,02549,383102,185140,662149,6725,34032,359000
       Short-term Investments 
0
0
0
0
1,639
0
0
0
0
0
0
0
0
0
0
0
000000000001,6390000
       Net Receivables 
0
0
0
23,734
43,906
46,981
53,668
107,548
132,230
76,004
52,929
49,052
61,306
69,728
71,375
65,279
65,27971,37569,72861,30649,05252,92976,004132,230107,54853,66846,98143,90623,734000
       Other Current Assets 
0
0
0
684
1,620
30,950
23,558
1,058
1,464
1,176
1,323
10,304
9,487
1,189
13,468
7,902
7,90213,4681,1899,48710,3041,3231,1761,4641,05823,55830,9501,620684000
   > Long-term Assets 
0
0
0
5,676
9,185
5,252
6,265
7,241
7,115
16,119
15,970
15,708
18,141
17,569
15,241
14,562
14,56215,24117,56918,14115,70815,97016,1197,1157,2416,2655,2529,1855,676000
       Property Plant Equipment 
0
0
0
0
0
0
0
3,315
3,186
2,945
3,128
2,856
3,958
3,725
3,691
3,642
3,6423,6913,7253,9582,8563,1282,9453,1863,3150000000
       Goodwill 
0
0
0
0
0
0
0
0
0
7,487
7,327
7,538
7,562
7,173
7,143
7,353
7,3537,1437,1737,5627,5387,3277,487000000000
       Long Term Investments 
0
0
0
1,857
1,639
0
0
0
0
0
0
0
900
900
564
240
24056490090000000001,6391,857000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
1,433
1,215
1,113
977
792
657
542
5426577929771,1131,2151,433000000000
       Other Assets 
0
0
0
0
7,546
5,252
6,265
3,926
3,929
4,254
4,300
4,201
0
4,979
0
0
004,97904,2014,3004,2543,9293,9266,2655,2527,5460000
> Total Liabilities 
0
0
0
63,942
71,955
59,893
72,069
100,154
91,240
85,499
66,954
67,948
70,796
58,041
62,185
60,599
60,59962,18558,04170,79667,94866,95485,49991,240100,15472,06959,89371,95563,942000
   > Total Current Liabilities 
0
0
0
59,809
68,041
55,346
66,408
93,248
84,460
78,891
61,479
60,340
63,043
50,921
55,589
54,665
54,66555,58950,92163,04360,34061,47978,89184,46093,24866,40855,34668,04159,809000
       Short-term Debt 
0
0
0
1,000
28,954
18,566
39,561
452
0
444
440
417
786
799
262
740
740262799786417440444045239,56118,56628,9541,000000
       Short Long Term Debt 
0
0
0
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0000000000001,000000
       Accounts payable 
0
0
0
17,127
30,107
27,620
16,556
39,264
46,102
34,921
26,946
15,801
23,704
27,049
9,782
7,979
7,9799,78227,04923,70415,80126,94634,92146,10239,26416,55627,62030,10717,127000
       Other Current Liabilities 
0
0
0
18,702
796
959
685
52,111
35,258
36,645
29,183
32,806
29,914
20,561
34,367
42,334
42,33434,36720,56129,91432,80629,18336,64535,25852,11168595979618,702000
   > Long-term Liabilities 
0
0
0
4,133
3,914
4,547
5,661
6,906
6,780
6,608
5,475
7,608
7,753
7,120
6,596
5,934
5,9346,5967,1207,7537,6085,4756,6086,7806,9065,6614,5473,9144,133000
       Other Liabilities 
0
0
0
0
3,914
4,547
5,661
5,566
5,590
5,515
4,479
6,822
0
5,623
0
0
005,62306,8224,4795,5155,5905,5665,6614,5473,9140000
       Deferred Long Term Liability 
0
0
0
0
0
2,000
1,800
1,600
0
358
0
900
0
0
0
0
0000900035801,6001,8002,00000000
> Total Stockholder Equity
0
0
0
7,451
496
180,772
163,360
142,866
120,168
99,999
81,528
66,450
68,241
79,394
74,074
62,471
62,47174,07479,39468,24166,45081,52899,999120,168142,866163,360180,7724967,451000
   Common Stock
0
0
0
1
1
8
8
9
10
10
10
11
11
12
12
13
131212111110101098811000
   Retained Earnings Total Equity000-260,6070-228,344-202,708-177,025-149,232-125,351-105,926-50,0850000
   Accumulated Other Comprehensive Income 
0
0
0
-3
-4
3
6
7
64
124
-350
-61
-66
-474
-512
-293
-293-512-474-66-61-35012464763-4-3000
   Capital Surplus 
0
0
0
0
50,584
286,687
288,696
292,082
297,119
302,573
310,212
0
328,903
0
0
0
000328,9030310,212302,573297,119292,082288,696286,68750,5840000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
0
0
0
50,096
50,584
286,687
288,696
292,082
297,119
302,573
310,212
315,345
328,903
350,877
362,532
361,886
361,886362,532350,877328,903315,345310,212302,573297,119292,082288,696286,68750,58450,096000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue127,002
Cost of Revenue-119,528
Gross Profit7,4747,474
 
Operating Income (+$)
Gross Profit7,474
Operating Expense-58,251
Operating Income-50,777-50,777
 
Operating Expense (+$)
Research Development6,333
Selling General Administrative37,107
Selling And Marketing Expenses14,811
Operating Expense58,25158,251
 
Net Interest Income (+$)
Interest Income0
Interest Expense-253
Other Finance Cost-37
Net Interest Income-290
 
Pretax Income (+$)
Operating Income-50,777
Net Interest Income-290
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-50,628-50,926
EBIT - interestExpense = -51,030
-50,628
-50,037
Interest Expense253
Earnings Before Interest and Taxes (EBIT)-50,777-50,375
Earnings Before Interest and Taxes (EBITDA)-49,402
 
After tax Income (+$)
Income Before Tax-50,628
Tax Provision-595
Net Income From Continuing Ops-59,614-51,223
Net Income-50,290
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses177,779
Total Other Income/Expenses Net149290
 

Technical Analysis of FTC Solar Inc
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 FTC Solar Inc. The general trend of FTC Solar Inc is BEARISH with 42.9% 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 FTC Solar Inc'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 (-42.9%) Bearish trend (42.9%)
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 FTC Solar Inc.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.647 < 0.7336 < 0.999.

The bearish price targets are: 0.39 > 0.282.

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FTC Solar Inc 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 FTC Solar Inc. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

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

Directionalities and relatives.

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

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

FTC Solar Inc 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 FTC Solar Inc. The current macd is 0.00099328.

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 FTC Solar Inc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for FTC Solar Inc. 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 FTC Solar Inc 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
FTC Solar Inc Daily Moving Average Convergence/Divergence (MACD) ChartFTC Solar Inc 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 FTC Solar Inc. The current adx is 14.93.

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 FTC Solar Inc 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.
FTC Solar Inc 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 FTC Solar Inc. The current sar is 0.394352.

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
FTC Solar Inc 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 FTC Solar Inc. The current rsi is 52.01. 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 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
FTC Solar Inc Daily Relative Strength Index (RSI) ChartFTC Solar Inc 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 FTC Solar Inc. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the FTC Solar Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
FTC Solar Inc Daily Stochastic Oscillator ChartFTC Solar Inc 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 FTC Solar Inc. The current cci is 138.38.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
FTC Solar Inc Daily Commodity Channel Index (CCI) ChartFTC Solar Inc 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 FTC Solar Inc. The current cmo is 7.02461963.

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
FTC Solar Inc Daily Chande Momentum Oscillator (CMO) ChartFTC Solar Inc 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 FTC Solar Inc. The current willr is -35.35791757.

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 FTC Solar Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
FTC Solar Inc Daily Williams %R ChartFTC Solar Inc 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 FTC Solar Inc.

FTC Solar Inc 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 FTC Solar Inc. The current atr is 0.07172084.

FTC Solar Inc Daily Average True Range (ATR) ChartFTC Solar Inc 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 FTC Solar Inc. The current obv is -29,174,366.

FTC Solar Inc Daily On-Balance Volume (OBV) ChartFTC Solar Inc 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 FTC Solar Inc. The current mfi is 58.58.

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
FTC Solar Inc Daily Money Flow Index (MFI) ChartFTC Solar Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for FTC Solar Inc.

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
2023-11-06DMI 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
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 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 CLOSE20 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29MACD 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.
2024-01-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

FTC Solar Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of FTC Solar Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.012
Ma 20Greater thanMa 500.503
Ma 50Greater thanMa 1000.526
Ma 100Greater thanMa 2000.603
OpenGreater thanClose0.570
Total2/5 (40.0%)
Penke

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