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State Gas Ltd
Buy, Hold or Sell?

Let's analyse State Gas Ltd together

PenkeI guess you are interested in State Gas Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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

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

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Quick analysis of State Gas Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
14.3%

What is your share worth?

Current worth
A$0.13
Expected worth in 1 year
A$0.21
How sure are you?
71.4%

+ What do you gain per year?

Total Gains per Share
A$0.08
Return On Investment
68.5%

For what price can you sell your share?

Current Price per Share
A$0.12
Expected price per share
A$0 - A$0.155
How sure are you?
50%

1. Valuation of State Gas Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.12

Intrinsic Value Per Share

A$-0.53 - A$-0.44

Total Value Per Share

A$-0.39 - A$-0.31

2. Growth of State Gas Ltd (5 min.)




Is State Gas Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$23.5m$20m$3.4m14.5%

How much money is State Gas Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$762.9k$861.8k-$1.6m-213.0%
Net Profit Margin-2,614.8%362,773.8%--

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

3. Financial Health of State Gas Ltd (5 min.)




4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#223 / 361

Most Revenue
#298 / 361

Most Profit
#241 / 361

Most Efficient
#337 / 361

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

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

What can you expect buying and holding a share of State Gas Ltd?

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

Speculation

The Price per Share of State Gas Ltd is A$0.12. 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 State Gas Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.13. Based on the TTM, the Book Value Change Per Share is A$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of State Gas Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-2.3%0.00-2.3%0.002.6%0.00-3.3%0.00-2.5%
Usd Book Value Change Per Share0.0110.4%0.0110.4%0.0111.9%0.0111.8%-0.06-47.5%
Usd Dividend Per Share0.000.6%0.000.6%0.000.0%0.000.1%0.000.1%
Usd Total Gains Per Share0.0111.0%0.0111.0%0.0111.9%0.0111.9%-0.06-47.4%
Usd Price Per Share0.12-0.12-0.11-0.24-0.19-
Price to Earnings Ratio-41.54--41.54-34.73--34.35--33.19-
Price-to-Total Gains Ratio8.76-8.76-7.62-71.16-43.58-
Price to Book Ratio1.35-1.35-1.49-6.54-5.62-
Price-to-Total Gains Ratio8.76-8.76-7.62-71.16-43.58-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.077052
Number of shares12978
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (12978 shares)171.31185.66
Gains per Year (12978 shares)685.23742.64
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1406456758735733
280129113601614691476
3119193620452422042219
4159258227303229392962
5199322734154036733705
6239387341004844084448
7279451847855651435191
8318516354706458775934
9358580961557266126677
10398645468408073477420

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%1.06.00.014.3%5.06.00.045.5%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.02.00.071.4%7.04.00.063.6%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%1.00.04.020.0%1.00.06.014.3%5.00.06.045.5%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.02.00.071.4%8.03.00.072.7%

Fundamentals of State Gas Ltd

About State Gas Ltd

State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid's Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,595 square kilometers located in the Bowen Basin in Central Queensland. State Gas Limited was incorporated in 2017 and is headquartered in Brisbane, Australia.

Fundamental data was last updated by Penke on 2024-04-21 18:03:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of State Gas Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit State Gas Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare State Gas Ltd to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of -2,614.8% means that $-26.15 for each $1 in revenue is generated as profit.

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

  • The MRQ is -2,614.8%. The company is making a huge loss. -2
  • The TTM is -2,614.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,614.8%TTM-2,614.8%0.0%
TTM-2,614.8%YOY362,773.8%-365,388.5%
TTM-2,614.8%5Y70,187.9%-72,802.7%
5Y70,187.9%10Y49,431.6%+20,756.3%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,614.8%16.3%-2,631.1%
TTM-2,614.8%12.8%-2,627.6%
YOY362,773.8%18.9%+362,754.9%
5Y70,187.9%-15.1%+70,203.0%
10Y49,431.6%-36.7%+49,468.3%
1.1.2. Return on Assets

Shows how efficient State Gas Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare State Gas Ltd to the Oil & Gas E&P industry mean.
  • -2.9% Return on Assets means that State Gas Ltd generated $-0.03 profit for each $1 in assets.

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

  • The MRQ is -2.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.9%TTM-2.9%0.0%
TTM-2.9%YOY4.0%-6.9%
TTM-2.9%5Y-10.5%+7.6%
5Y-10.5%10Y-8.9%-1.6%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.9%1.0%-3.9%
TTM-2.9%0.9%-3.8%
YOY4.0%1.8%+2.2%
5Y-10.5%-1.3%-9.2%
10Y-8.9%-3.1%-5.8%
1.1.3. Return on Equity

Shows how efficient State Gas Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare State Gas Ltd to the Oil & Gas E&P industry mean.
  • -3.2% Return on Equity means State Gas Ltd generated $-0.03 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -3.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.2%TTM-3.2%0.0%
TTM-3.2%YOY4.3%-7.5%
TTM-3.2%5Y-11.7%+8.5%
5Y-11.7%10Y-10.0%-1.8%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.2%2.4%-5.6%
TTM-3.2%2.2%-5.4%
YOY4.3%4.3%0.0%
5Y-11.7%-3.4%-8.3%
10Y-10.0%-6.1%-3.9%

1.2. Operating Efficiency of State Gas Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient State Gas Ltd is operating .

  • Measures how much profit State Gas Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare State Gas Ltd to the Oil & Gas E&P industry mean.
  • An Operating Margin of -2,714.7% means the company generated $-27.15  for each $1 in revenue (before taxes).

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

  • The MRQ is -2,714.7%. The company is operating very inefficient. -2
  • The TTM is -2,714.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,714.7%TTM-2,714.7%0.0%
TTM-2,714.7%YOY362,675.7%-365,390.4%
TTM-2,714.7%5Y70,113.0%-72,827.8%
5Y70,113.0%10Y48,635.8%+21,477.2%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,714.7%21.5%-2,736.2%
TTM-2,714.7%15.5%-2,730.2%
YOY362,675.7%30.0%+362,645.7%
5Y70,113.0%-2.1%+70,115.1%
10Y48,635.8%-16.3%+48,652.1%
1.2.2. Operating Ratio

Measures how efficient State Gas Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 27.15 means that the operating costs are $27.15 for each $1 in net sales.

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

  • The MRQ is 27.147. The company is inefficient in keeping operating costs low. -1
  • The TTM is 27.147. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ27.147TTM27.1470.000
TTM27.147YOY-3,626.743+3,653.891
TTM27.1475Y-700.927+728.075
5Y-700.92710Y-486.070-214.857
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ27.1471.007+26.140
TTM27.1470.989+26.158
YOY-3,626.7430.805-3,627.548
5Y-700.9271.049-701.976
10Y-486.0701.161-487.231

1.3. Liquidity of State Gas Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if State Gas Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 0.42 means the company has $0.42 in assets for each $1 in short-term debts.

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

  • The MRQ is 0.424. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.424. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.424TTM0.4240.000
TTM0.424YOY12.801-12.377
TTM0.4245Y5.892-5.467
5Y5.89210Y19.219-13.327
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4241.225-0.801
TTM0.4241.163-0.739
YOY12.8011.301+11.500
5Y5.8921.335+4.557
10Y19.2191.707+17.512
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare State Gas Ltd to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 0.38 means the company can pay off $0.38 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.379. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.379. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.379TTM0.3790.000
TTM0.379YOY12.800-12.420
TTM0.3795Y5.807-5.428
5Y5.80710Y19.135-13.328
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3790.648-0.269
TTM0.3790.665-0.286
YOY12.8000.798+12.002
5Y5.8070.838+4.969
10Y19.1351.021+18.114

1.4. Solvency of State Gas Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of State Gas Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare State Gas Ltd to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.11 means that State Gas Ltd assets are financed with 10.5% credit (debt) and the remaining percentage (100% - 10.5%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.105. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.105. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.105TTM0.1050.000
TTM0.105YOY0.076+0.029
TTM0.1055Y0.102+0.004
5Y0.10210Y0.099+0.003
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1050.418-0.313
TTM0.1050.419-0.314
YOY0.0760.425-0.349
5Y0.1020.465-0.363
10Y0.0990.453-0.354
1.4.2. Debt to Equity Ratio

Measures if State Gas Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare State Gas Ltd to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 11.8% means that company has $0.12 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.118. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.118. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.118TTM0.1180.000
TTM0.118YOY0.083+0.035
TTM0.1185Y0.114+0.004
5Y0.11410Y0.110+0.004
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1180.593-0.475
TTM0.1180.600-0.482
YOY0.0830.683-0.600
5Y0.1140.800-0.686
10Y0.1100.765-0.655

2. Market Valuation of State Gas Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings State Gas Ltd generates.

  • Above 15 is considered overpriced but always compare State Gas Ltd to the Oil & Gas E&P industry mean.
  • A PE ratio of -41.54 means the investor is paying $-41.54 for every $1 in earnings.

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

  • The EOD is -27.696. Based on the earnings, the company is expensive. -2
  • The MRQ is -41.545. Based on the earnings, the company is expensive. -2
  • The TTM is -41.545. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-27.696MRQ-41.545+13.848
MRQ-41.545TTM-41.5450.000
TTM-41.545YOY34.731-76.276
TTM-41.5455Y-34.353-7.192
5Y-34.35310Y-33.187-1.166
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-27.6961.905-29.601
MRQ-41.5451.552-43.097
TTM-41.5451.480-43.025
YOY34.7311.296+33.435
5Y-34.353-1.267-33.086
10Y-33.187-1.334-31.853
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.107. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.661. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.661. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.107MRQ-4.661+1.554
MRQ-4.661TTM-4.6610.000
TTM-4.661YOY-6.289+1.629
TTM-4.6615Y-18.199+13.539
5Y-18.19910Y-19.510+1.311
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-3.1070.034-3.141
MRQ-4.6610.029-4.690
TTM-4.661-0.593-4.068
YOY-6.289-1.040-5.249
5Y-18.199-2.374-15.825
10Y-19.510-4.501-15.009
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 1.35 means the investor is paying $1.35 for each $1 in book value.

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

  • The EOD is 0.899. Based on the equity, the company is cheap. +2
  • The MRQ is 1.348. Based on the equity, the company is underpriced. +1
  • The TTM is 1.348. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.899MRQ1.348-0.449
MRQ1.348TTM1.3480.000
TTM1.348YOY1.490-0.141
TTM1.3485Y6.539-5.191
5Y6.53910Y5.622+0.918
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD0.8991.067-0.168
MRQ1.3481.022+0.326
TTM1.3481.053+0.295
YOY1.4901.299+0.191
5Y6.5391.203+5.336
10Y5.6221.352+4.270
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0190.0190%0.022-13%0.022-12%-0.089+559%
Book Value Per Share--0.1330.1330%0.114+17%0.085+58%0.067+98%
Current Ratio--0.4240.4240%12.801-97%5.892-93%19.219-98%
Debt To Asset Ratio--0.1050.1050%0.076+38%0.102+4%0.099+7%
Debt To Equity Ratio--0.1180.1180%0.083+42%0.114+3%0.110+7%
Dividend Per Share--0.0010.0010%-+100%0.000+400%0.000+600%
Eps---0.004-0.0040%0.005-189%-0.006+40%-0.005+9%
Free Cash Flow Per Share---0.039-0.0390%-0.027-30%-0.029-24%-0.022-44%
Free Cash Flow To Equity Per Share---0.014-0.0140%0.000-4355%-0.003-81%0.001-2210%
Gross Profit Margin--1.7911.7910%1.000+79%1.562+15%1.402+28%
Intrinsic Value_10Y_max---0.442--------
Intrinsic Value_10Y_min---0.527--------
Intrinsic Value_1Y_max---0.033--------
Intrinsic Value_1Y_min---0.041--------
Intrinsic Value_3Y_max---0.107--------
Intrinsic Value_3Y_min---0.134--------
Intrinsic Value_5Y_max---0.192--------
Intrinsic Value_5Y_min---0.238--------
Market Cap32907240.960-50%49360861.44049360861.4400%46618591.360+6%102560900.992-52%79329955.886-38%
Net Profit Margin---26.148-26.1480%3627.738-101%701.879-104%494.316-105%
Operating Margin---27.147-27.1470%3626.757-101%701.130-104%486.358-106%
Operating Ratio--27.14727.1470%-3626.743+13459%-700.927+2682%-486.070+1890%
Pb Ratio0.899-50%1.3481.3480%1.490-9%6.539-79%5.622-76%
Pe Ratio-27.696+33%-41.545-41.5450%34.731-220%-34.353-17%-33.187-20%
Price Per Share0.120-50%0.1800.1800%0.170+6%0.374-52%0.289-38%
Price To Free Cash Flow Ratio-3.107+33%-4.661-4.6610%-6.289+35%-18.199+290%-19.510+319%
Price To Total Gains Ratio5.837-50%8.7568.7560%7.622+15%71.159-88%43.580-80%
Quick Ratio--0.3790.3790%12.800-97%5.807-93%19.135-98%
Return On Assets---0.029-0.0290%0.040-173%-0.105+262%-0.089+207%
Return On Equity---0.032-0.0320%0.043-176%-0.117+261%-0.100+207%
Total Gains Per Share--0.0210.0210%0.022-8%0.022-8%-0.089+531%
Usd Book Value--23505843.98023505843.9800%20096344.990+17%14909713.792+58%11862848.685+98%
Usd Book Value Change Per Share--0.0120.0120%0.014-13%0.014-12%-0.057+559%
Usd Book Value Per Share--0.0860.0860%0.073+17%0.054+58%0.043+98%
Usd Dividend Per Share--0.0010.0010%-+100%0.000+400%0.000+600%
Usd Eps---0.003-0.0030%0.003-189%-0.004+40%-0.003+9%
Usd Free Cash Flow---6800628.141-6800628.1410%-4759393.525-30%-5157336.541-24%-3814226.728-44%
Usd Free Cash Flow Per Share---0.025-0.0250%-0.017-30%-0.019-24%-0.014-44%
Usd Free Cash Flow To Equity Per Share---0.009-0.0090%0.000-4355%-0.002-81%0.000-2210%
Usd Market Cap21129739.420-50%31694609.13131694609.1310%29933797.512+6%65854354.527-52%50937764.674-38%
Usd Price Per Share0.077-50%0.1160.1160%0.109+6%0.240-52%0.186-38%
Usd Profit---762907.262-762907.2620%861867.072-189%-1069699.946+40%-829153.728+9%
Usd Revenue--29177.02429177.0240%237.577+12181%43962.019-34%36168.576-19%
Usd Total Gains Per Share--0.0130.0130%0.014-8%0.014-8%-0.057+531%
 EOD+2 -6MRQTTM+0 -0YOY+13 -235Y+14 -2210Y+18 -18

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-27.696
Price to Book Ratio (EOD)Between0-10.899
Net Profit Margin (MRQ)Greater than0-26.148
Operating Margin (MRQ)Greater than0-27.147
Quick Ratio (MRQ)Greater than10.379
Current Ratio (MRQ)Greater than10.424
Debt to Asset Ratio (MRQ)Less than10.105
Debt to Equity Ratio (MRQ)Less than10.118
Return on Equity (MRQ)Greater than0.15-0.032
Return on Assets (MRQ)Greater than0.05-0.029
Total3/10 (30.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.426
Ma 20Greater thanMa 500.133
Ma 50Greater thanMa 1000.143
Ma 100Greater thanMa 2000.150
OpenGreater thanClose0.120
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Other Current Liabilities  534-49737171207-39169-170-1
Net Working Capital  5,817-5,0857321008322,2603,092-3,880-788



Latest Balance Sheet

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

Summary
Total Assets40,914
Total Liabilities4,307
Total Stockholder Equity36,608
 As reported
Total Liabilities 4,307
Total Stockholder Equity+ 36,608
Total Assets = 40,914

Assets

Total Assets40,914
Total Current Assets580
Long-term Assets40,334
Total Current Assets
Cash And Cash Equivalents 453
Net Receivables 65
Other Current Assets 62
Total Current Assets  (as reported)580
Total Current Assets  (calculated)580
+/-0
Long-term Assets
Property Plant Equipment 39,934
Long Term Investments 400
Other Assets 400
Long-term Assets  (as reported)40,334
Long-term Assets  (calculated)40,734
+/- 400

Liabilities & Shareholders' Equity

Total Current Liabilities1,368
Long-term Liabilities2,939
Total Stockholder Equity36,608
Total Current Liabilities
Short-term Debt 200
Short Long Term Debt 200
Accounts payable 603
Other Current Liabilities -1
Total Current Liabilities  (as reported)1,368
Total Current Liabilities  (calculated)1,002
+/- 366
Long-term Liabilities
Other Liabilities 2,939
Long-term Liabilities  (as reported)2,939
Long-term Liabilities  (calculated)2,939
+/-0
Total Stockholder Equity
Common Stock42,918
Retained Earnings -9,039
Accumulated Other Comprehensive Income 2,729
Total Stockholder Equity (as reported)36,608
Total Stockholder Equity (calculated)36,608
+/-0
Other
Capital Stock42,918
Cash and Short Term Investments 453
Common Stock Shares Outstanding 217,524
Current Deferred Revenue566
Liabilities and Stockholders Equity 40,914
Net Debt -253
Net Invested Capital 36,808
Net Tangible Assets 36,608
Net Working Capital -788
Property Plant and Equipment Gross 40,373
Short Long Term Debt Total 200



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302006-06-302005-06-302004-06-302003-06-30
> Total Assets 
868,067
967,662
961,880
965,426
7,321
7,232
12,417
12,854
29,543
33,882
40,914
40,91433,88229,54312,85412,4177,2327,321965,426961,880967,662868,067
   > Total Current Assets 
58,728
119,417
60,354
66,595
5,238
4,609
6,394
990
3,416
3,354
580
5803,3543,4169906,3944,6095,23866,59560,354119,41758,728
       Cash And Cash Equivalents 
40,299
102,976
40,738
53,766
5,229
4,537
6,345
875
3,160
3,225
453
4533,2253,1608756,3454,5375,22953,76640,738102,97640,299
       Net Receivables 
15,380
13,765
16,843
9,991
9
6
1
50
162
128
65
65128162501699,99116,84313,76515,380
       Inventory 
920
927
905
879
-12
0
0
0
0
0
0
000000-12879905927920
       Other Current Assets 
2,129
1,749
0
0
12
65
48
66
94
0
62
6209466486512001,7492,129
   > Long-term Assets 
0
0
0
0
2,083
2,623
6,023
11,863
26,127
30,528
40,334
40,33430,52826,12711,8636,0232,6232,0830000
       Property Plant Equipment 
793,868
832,947
889,673
893,475
2,083
2,588
5,988
1
919
742
39,934
39,93474291915,9882,5882,083893,475889,673832,947793,868
       Long Term Investments 
0
0
0
0
0
35
35
35
378
400
400
40040037835353500000
       Long-term Assets Other 
0
0
0
0
2,083
2,623
6,023
11,828
24,829
29,386
36,093
36,09329,38624,82911,8286,0232,6232,0830000
> Total Liabilities 
588,767
674,414
753,090
758,309
484
845
1,083
1,174
4,361
2,584
4,307
4,3072,5844,3611,1741,083845484758,309753,090674,414588,767
   > Total Current Liabilities 
167,284
22,926
25,512
35,467
56
402
577
258
2,584
262
1,368
1,3682622,5842585774025635,46725,51222,926167,284
       Short-term Debt 
571,008
650,315
650,000
648,497
6
0
0
0
0
200
200
20020000006648,497650,000650,315571,008
       Short Long Term Debt 
571,008
650,315
650,000
648,497
6
0
0
0
0
0
200
200000006648,497650,000650,315571,008
       Accounts payable 
6,286
9,321
8,552
10,938
56
54
43
222
2,376
93
603
603932,37622243545610,9388,5529,3216,286
       Other Current Liabilities 
9,121
12,104
13,066
19,456
22
348
534
37
207
169
-1
-1169207375343482219,45613,06612,1049,121
   > Long-term Liabilities 
0
0
0
0
428
443
505
915
1,778
2,322
2,939
2,9392,3221,7789155054434280000
       Deferred Long Term Liability 
0
0
9,891
0
0
0
0
0
0
0
0
000000009,89100
> Total Stockholder Equity
279,300
293,248
208,790
207,117
6,838
6,387
11,334
11,680
25,181
31,298
36,608
36,60831,29825,18111,68011,3346,3876,838207,117208,790293,248279,300
   Common Stock
251,272
256,104
239,714
235,937
6,965
6,973
13,202
14,801
29,220
36,252
42,918
42,91836,25229,22014,80113,2026,9736,965235,937239,714256,104251,272
   Retained Earnings 
28,028
37,144
-30,924
-29,595
-155
-710
-2,693
-6,246
-9,193
-7,851
-9,039
-9,039-7,851-9,193-6,246-2,693-710-155-29,595-30,92437,14428,028
   Capital Surplus 00000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
0
0
0
775
1,345
124
825
-9
0
-28
-34
-34-280-98251241,345775000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue45
Cost of Revenue-293
Gross Profit-293-247
 
Operating Income (+$)
Gross Profit-293
Operating Expense-941
Operating Income-1,234-1,234
 
Operating Expense (+$)
Research Development0
Selling General Administrative1
Selling And Marketing Expenses940
Operating Expense941941
 
Net Interest Income (+$)
Interest Income21
Interest Expense-108
Other Finance Cost-0
Net Interest Income-87
 
Pretax Income (+$)
Operating Income-1,234
Net Interest Income-87
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,188-1,279
EBIT - interestExpense = -1,342
-1,188
-1,080
Interest Expense108
Earnings Before Interest and Taxes (EBIT)-1,234-1,080
Earnings Before Interest and Taxes (EBITDA)-941
 
After tax Income (+$)
Income Before Tax-1,188
Tax Provision-0
Net Income From Continuing Ops-1,188-1,188
Net Income-1,188
Net Income Applicable To Common Shares-1,188
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,234
Total Other Income/Expenses Net4587
 

Technical Analysis of State Gas Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of State Gas Ltd. The general trend of State Gas Ltd is BEARISH with 100.0% 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 State Gas Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
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 State Gas Ltd.

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

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

The bullish price targets are: 0.12 < 0.155 < 0.155.

The bearish price targets are: .

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State Gas Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of State Gas Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

Directionalities and relatives.

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

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

State Gas Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of State Gas Ltd. The current macd is -0.00464591.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the State Gas Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for State Gas Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the State Gas Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
State Gas Ltd Daily Moving Average Convergence/Divergence (MACD) ChartState Gas Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of State Gas Ltd. The current adx is 33.57.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell State Gas Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
State Gas Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of State Gas Ltd. The current sar is 0.15676556.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
State Gas Ltd 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 State Gas Ltd. The current rsi is 41.43. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
State Gas Ltd Daily Relative Strength Index (RSI) ChartState Gas Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of State Gas Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 State Gas Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
State Gas Ltd Daily Stochastic Oscillator ChartState Gas Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of State Gas Ltd. The current cci is -78.53557721.

State Gas Ltd Daily Commodity Channel Index (CCI) ChartState Gas Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of State Gas Ltd. The current cmo is -19.23695898.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
State Gas Ltd Daily Chande Momentum Oscillator (CMO) ChartState Gas Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of State Gas Ltd. The current willr is -72.72727273.

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 State Gas Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
State Gas Ltd Daily Williams %R ChartState Gas Ltd 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 State Gas Ltd.

State Gas Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of State Gas Ltd. The current atr is 0.0094423.

State Gas Ltd Daily Average True Range (ATR) ChartState Gas Ltd 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 State Gas Ltd. The current obv is 19,700,771.

State Gas Ltd Daily On-Balance Volume (OBV) ChartState Gas Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of State Gas Ltd. The current mfi is 33.46.

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
State Gas Ltd Daily Money Flow Index (MFI) ChartState Gas Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for State Gas Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-17DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-04BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-05DMI 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
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15DMI 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).
2024-04-16MACD 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).
2024-04-17RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

State Gas Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.426
Ma 20Greater thanMa 500.133
Ma 50Greater thanMa 1000.143
Ma 100Greater thanMa 2000.150
OpenGreater thanClose0.120
Total0/5 (0.0%)
Penke

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