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Naturgy BAN SA
Buy, Hold or Sell?

Let's analyse Naturgy together

PenkeI guess you are interested in Naturgy BAN SA. 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 Naturgy BAN SA. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Naturgy (30 sec.)










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

How much money do you get?

How much money do you get?
ARS0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
ARS205.02
Expected worth in 1 year
ARS335.29
How sure are you?
95.0%

+ What do you gain per year?

Total Gains per Share
ARS130.27
Return On Investment
12.9%

For what price can you sell your share?

Current Price per Share
ARS1,010.00
Expected price per share
ARS847.00 - ARS1,600
How sure are you?
50%
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1. Valuation of Naturgy (5 min.)




Live pricePrice per Share (EOD)

ARS1,010.00

Intrinsic Value Per Share

ARS2,449.41 - ARS2,937.21

Total Value Per Share

ARS2,654.43 - ARS3,142.23

2. Growth of Naturgy (5 min.)




Is Naturgy growing?

Current yearPrevious yearGrowGrow %
How rich?$80m$21.3m$32.5m60.4%

How much money is Naturgy making?

Current yearPrevious yearGrowGrow %
Making money$2.2m$1.2m$986.6k43.9%
Net Profit Margin6.2%9.9%--

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

3. Financial Health of Naturgy (5 min.)




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

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

What can you expect buying and holding a share of Naturgy?

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

Speculation

The Price per Share of Naturgy is ARS1,010. 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 Naturgy.
  • 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 Naturgy, 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 ARS205.02. Based on the TTM, the Book Value Change Per Share is ARS32.57 per quarter. Based on the YOY, the Book Value Change Per Share is ARS10.72 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 ARS0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Naturgy.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per Share
Usd Eps0.010.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.070.0%0.040.0%0.010.0%0.010.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.070.0%0.040.0%0.010.0%0.010.0%0.010.0%
Usd Price Per Share0.43-0.32-0.12-0.11-0.11-
Price to Earnings Ratio8.48--21.59-8.97-1.77-1.77-
Price-to-Total Gains Ratio5.93-9.02-10.35-7.47-7.47-
Price to Book Ratio1.76-1.92-1.93-1.40-1.40-
Price-to-Total Gains Ratio5.93-9.02-10.35-7.47-7.47-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.212
Number of shares825
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.040.01
Usd Total Gains Per Share0.040.01
Gains per Quarter (825 shares)32.2410.15
Gains per Year (825 shares)128.9740.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1012911904131
2025824808172
303873770122113
405165060162154
506456350203195
607747640244236
709038930284277
80103210220325318
90116111510365359
100129012800406400

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 Share3.01.00.075.0%10.02.00.083.3%18.02.00.090.0%18.02.00.090.0%18.02.00.090.0%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%19.01.00.095.0%19.01.00.095.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.020.00.0%0.00.020.00.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%19.01.00.095.0%19.01.00.095.0%
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Fundamentals of Naturgy

About Naturgy BAN SA

Naturgy BAN, S.A. engages in natural gas distribution business. The company was formerly known as Gas Natural Ban, S.A. and changed its name to Naturgy BAN, S.A. in January 2019. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Naturgy BAN, S.A. operates as a subsidiary of Naturgy Energy Group, S.A.

Fundamental data was last updated by Penke on 2024-02-16 18:37:05.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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.
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1.1. Profitability of Naturgy BAN SA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Naturgy earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Naturgy to the Utilities - Regulated Gas industry mean.
  • A Net Profit Margin of 7.8% means that $0.08 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Naturgy BAN SA:

  • The MRQ is 7.8%. The company is making a profit. +1
  • The TTM is 6.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.8%TTM6.2%+1.7%
TTM6.2%YOY9.9%-3.7%
TTM6.2%5Y-1.9%+8.0%
5Y-1.9%10Y-1.9%0.0%
1.1.2. Return on Assets

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

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

Let's take a look of the Return on Assets trends of Naturgy BAN SA:

  • The MRQ is 3.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM2.6%+0.6%
TTM2.6%YOY3.6%-1.0%
TTM2.6%5Y-1.9%+4.4%
5Y-1.9%10Y-1.9%0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Naturgy to the Utilities - Regulated Gas industry mean.
  • 5.2% Return on Equity means Naturgy generated $0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Naturgy BAN SA:

  • The MRQ is 5.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 4.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ5.2%TTM4.0%+1.1%
TTM4.0%YOY6.3%-2.3%
TTM4.0%5Y-6.9%+11.0%
5Y-6.9%10Y-6.9%0.0%
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1.2. Operating Efficiency of Naturgy BAN SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Naturgy is operating .

  • Measures how much profit Naturgy 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 Naturgy to the Utilities - Regulated Gas industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Naturgy BAN SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.5%-0.5%
TTM0.5%YOY9.4%-8.9%
TTM0.5%5Y7.4%-6.8%
5Y7.4%10Y7.4%0.0%
1.2.2. Operating Ratio

Measures how efficient Naturgy is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • An Operation Ratio of 1.62 means that the operating costs are $1.62 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Naturgy BAN SA:

  • The MRQ is 1.624. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.720. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.624TTM1.720-0.096
TTM1.720YOY1.649+0.072
TTM1.7205Y1.715+0.005
5Y1.71510Y1.7150.000
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1.3. Liquidity of Naturgy BAN SA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • A Current Ratio of 1.20 means the company has $1.20 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Naturgy BAN SA:

  • The MRQ is 1.196. The company is just able to pay all its short-term debts.
  • The TTM is 1.162. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.196TTM1.162+0.034
TTM1.162YOY1.023+0.139
TTM1.1625Y0.990+0.172
5Y0.99010Y0.9900.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Naturgy to the Utilities - Regulated Gas industry mean.
  • A Quick Ratio of 0.73 means the company can pay off $0.73 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Naturgy BAN SA:

  • The MRQ is 0.734. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.729. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.734TTM0.729+0.005
TTM0.729YOY0.694+0.035
TTM0.7295Y0.717+0.012
5Y0.71710Y0.7170.000
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1.4. Solvency of Naturgy BAN SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Naturgy to Utilities - Regulated Gas industry mean.
  • A Debt to Asset Ratio of 0.39 means that Naturgy assets are financed with 39.2% credit (debt) and the remaining percentage (100% - 39.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Naturgy BAN SA:

  • The MRQ is 0.392. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.347. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.392TTM0.347+0.046
TTM0.347YOY0.444-0.098
TTM0.3475Y0.451-0.105
5Y0.45110Y0.4510.000
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Naturgy to the Utilities - Regulated Gas industry mean.
  • A Debt to Equity ratio of 64.5% means that company has $0.64 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Naturgy BAN SA:

  • The MRQ is 0.645. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.536. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.645TTM0.536+0.108
TTM0.536YOY0.803-0.267
TTM0.5365Y0.884-0.348
5Y0.88410Y0.8840.000
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2. Market Valuation of Naturgy BAN SA

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 Naturgy generates.

  • Above 15 is considered overpriced but always compare Naturgy to the Utilities - Regulated Gas industry mean.
  • A PE ratio of 8.48 means the investor is paying $8.48 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Naturgy BAN SA:

  • The EOD is 23.727. Based on the earnings, the company is fair priced.
  • The MRQ is 8.481. Based on the earnings, the company is underpriced. +1
  • The TTM is -21.591. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD23.727MRQ8.481+15.246
MRQ8.481TTM-21.591+30.072
TTM-21.591YOY8.967-30.558
TTM-21.5915Y1.774-23.365
5Y1.77410Y1.7740.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Naturgy BAN SA:

  • The EOD is 5.217. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.865. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -24.095. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD5.217MRQ1.865+3.352
MRQ1.865TTM-24.095+25.960
TTM-24.095YOY19.216-43.311
TTM-24.0955Y-3.921-20.174
5Y-3.92110Y-3.9210.000
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • A PB ratio of 1.76 means the investor is paying $1.76 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Naturgy BAN SA:

  • The EOD is 4.926. Based on the equity, the company is fair priced.
  • The MRQ is 1.761. Based on the equity, the company is underpriced. +1
  • The TTM is 1.924. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.926MRQ1.761+3.166
MRQ1.761TTM1.924-0.163
TTM1.924YOY1.929-0.005
TTM1.9245Y1.398+0.526
5Y1.39810Y1.3980.000
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Naturgy BAN SA 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--60.84632.568+87%10.724+467%10.251+494%10.251+494%
Book Value Per Share--205.019138.000+49%54.625+275%60.799+237%60.799+237%
Current Ratio--1.1961.162+3%1.023+17%0.990+21%0.990+21%
Debt To Asset Ratio--0.3920.347+13%0.444-12%0.451-13%0.451-13%
Debt To Equity Ratio--0.6450.536+20%0.803-20%0.884-27%0.884-27%
Dividend Per Share----0%-0%-0%-0%
Eps--10.6425.739+85%3.392+214%0.577+1745%0.577+1745%
Free Cash Flow Per Share--48.39815.124+220%4.086+1085%5.125+844%5.125+844%
Free Cash Flow To Equity Per Share--48.39814.848+226%2.607+1756%4.357+1011%4.357+1011%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2937.210--------
Intrinsic Value_10Y_min--2449.410--------
Intrinsic Value_1Y_max--70.179--------
Intrinsic Value_1Y_min--68.801--------
Intrinsic Value_3Y_max--381.687--------
Intrinsic Value_3Y_min--360.942--------
Intrinsic Value_5Y_max--899.150--------
Intrinsic Value_5Y_min--819.865--------
Market Cap161110158080.000+27%117519927726.00086390168477.250+36%33795117720.375+248%30507995214.920+285%30507995214.920+285%
Net Profit Margin--0.0780.062+27%0.099-21%-0.019+124%-0.019+124%
Operating Margin---0.005-100%0.094-100%0.074-100%0.074-100%
Operating Ratio--1.6241.720-6%1.649-1%1.715-5%1.715-5%
Pb Ratio4.926+64%1.7611.924-8%1.929-9%1.398+26%1.398+26%
Pe Ratio23.727+64%8.481-21.591+355%8.967-5%1.774+378%1.774+378%
Price Per Share1010.000+64%361.000265.375+36%103.813+248%93.715+285%93.715+285%
Price To Free Cash Flow Ratio5.217+64%1.865-24.095+1392%19.216-90%-3.921+310%-3.921+310%
Price To Total Gains Ratio16.599+64%5.9339.021-34%10.350-43%7.472-21%7.472-21%
Quick Ratio--0.7340.729+1%0.694+6%0.717+2%0.717+2%
Return On Assets--0.0320.026+23%0.036-11%-0.019+159%-0.019+159%
Return On Equity--0.0520.040+28%0.063-18%-0.069+234%-0.069+234%
Total Gains Per Share--60.84632.568+87%10.724+467%10.251+494%10.251+494%
Usd Book Value--80090211.60053909482.705+49%21339138.050+275%23751146.475+237%23751146.475+237%
Usd Book Value Change Per Share--0.0730.039+87%0.013+467%0.012+494%0.012+494%
Usd Book Value Per Share--0.2460.166+49%0.066+275%0.073+237%0.073+237%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0130.007+85%0.004+214%0.001+1745%0.001+1745%
Usd Free Cash Flow--18906692.4005908031.678+220%1596110.769+1085%2002103.575+844%2002103.575+844%
Usd Free Cash Flow Per Share--0.0580.018+220%0.005+1085%0.006+844%0.006+844%
Usd Free Cash Flow To Equity Per Share--0.0580.018+226%0.003+1756%0.005+1011%0.005+1011%
Usd Market Cap193332189.696+27%141023913.271103668202.173+36%40554141.264+248%36609594.258+285%36609594.258+285%
Usd Price Per Share1.212+64%0.4330.318+36%0.125+248%0.112+285%0.112+285%
Usd Profit--4157215.2002249515.714+85%1262916.105+229%164660.489+2425%164660.489+2425%
Usd Revenue--53071287.60031025331.596+71%15067988.933+252%15064029.864+252%15064029.864+252%
Usd Total Gains Per Share--0.0730.039+87%0.013+467%0.012+494%0.012+494%
 EOD+4 -4MRQTTM+26 -7YOY+27 -65Y+27 -610Y+27 -6

3.2. Fundamental Score

Let's check the fundamental score of Naturgy BAN SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.727
Price to Book Ratio (EOD)Between0-14.926
Net Profit Margin (MRQ)Greater than00.078
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.734
Current Ratio (MRQ)Greater than11.196
Debt to Asset Ratio (MRQ)Less than10.392
Debt to Equity Ratio (MRQ)Less than10.645
Return on Equity (MRQ)Greater than0.150.052
Return on Assets (MRQ)Greater than0.050.032
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Naturgy BAN SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.958
Ma 20Greater thanMa 501,177.475
Ma 50Greater thanMa 1001,106.460
Ma 100Greater thanMa 200780.575
OpenGreater thanClose1,014.000
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets109,785,133
Total Liabilities43,043,290
Total Stockholder Equity66,741,843
 As reported
Total Liabilities 43,043,290
Total Stockholder Equity+ 66,741,843
Total Assets = 109,785,133

Assets

Total Assets109,785,133
Total Current Assets51,192,967
Long-term Assets58,592,166
Total Current Assets
Cash And Cash Equivalents 18,789,692
Net Receivables 31,408,769
Inventory 482,863
Total Current Assets  (as reported)51,192,967
Total Current Assets  (calculated)50,681,324
+/- 511,643
Long-term Assets
Property Plant Equipment 51,859,627
Intangible Assets 3,677,716
Long-term Assets  (as reported)58,592,166
Long-term Assets  (calculated)55,537,343
+/- 3,054,823

Liabilities & Shareholders' Equity

Total Current Liabilities42,798,494
Long-term Liabilities244,796
Total Stockholder Equity66,741,843
Total Current Liabilities
Accounts payable 36,401,866
Total Current Liabilities  (as reported)42,798,494
Total Current Liabilities  (calculated)36,401,866
+/- 6,396,628
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt146,996
Long-term Liabilities  (as reported)244,796
Long-term Liabilities  (calculated)146,996
+/- 97,800
Total Stockholder Equity
Total Stockholder Equity (as reported)66,741,843
Total Stockholder Equity (calculated)0
+/- 66,741,843
Other
Capital Stock325,540
Common Stock Shares Outstanding 325,540
Net Invested Capital 66,741,843
Net Working Capital 8,394,473
Property Plant and Equipment Gross 268,328,275



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
15,208,614
15,744,585
20,239,330
28,666,918
26,351,908
26,564,906
30,461,850
34,000,577
16,824,741
16,539,257
21,756,570
28,066,007
22,468,821
25,430,217
35,330,279
45,536,439
44,360,638
50,789,240
75,578,039
109,785,133
109,785,13375,578,03950,789,24044,360,63845,536,43935,330,27925,430,21722,468,82128,066,00721,756,57016,539,25716,824,74134,000,57730,461,85026,564,90626,351,90828,666,91820,239,33015,744,58515,208,614
   > Total Current Assets 
5,788,828
5,053,777
7,965,679
14,328,385
9,811,136
8,729,543
11,750,124
13,852,674
9,116,230
7,650,340
11,649,097
16,741,326
9,732,785
10,107,517
16,868,005
22,533,378
16,590,153
16,408,753
32,574,732
51,192,967
51,192,96732,574,73216,408,75316,590,15322,533,37816,868,00510,107,5179,732,78516,741,32611,649,0977,650,3409,116,23013,852,67411,750,1248,729,5439,811,13614,328,3857,965,6795,053,7775,788,828
       Cash And Cash Equivalents 
915,935
482,717
791,160
2,446,644
1,360,309
2,114,049
1,931,346
1,780,496
2,475,514
2,117,354
2,418,645
6,211,538
3,158,885
3,033,492
3,302,468
7,884,010
6,641,698
6,212,041
8,369,257
18,789,692
18,789,6928,369,2576,212,0416,641,6987,884,0103,302,4683,033,4923,158,8856,211,5382,418,6452,117,3542,475,5141,780,4961,931,3462,114,0491,360,3092,446,644791,160482,717915,935
       Short-term Investments 
0
0
0
1,814,960
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,814,960000
       Net Receivables 
4,728,224
4,010,141
6,459,162
11,483,846
8,365,648
6,427,867
9,596,915
11,850,749
6,442,540
5,241,536
8,802,841
10,212,572
6,287,846
6,535,363
13,192,013
14,268,871
9,565,728
9,767,647
23,604,389
31,408,769
31,408,76923,604,3899,767,6479,565,72814,268,87113,192,0136,535,3636,287,84610,212,5728,802,8415,241,5366,442,54011,850,7499,596,9156,427,8678,365,64811,483,8466,459,1624,010,1414,728,224
       Inventory 
72,929
79,319
84,604
42,671
80,737
135,372
145,076
155,932
174,572
228,933
265,621
256,143
247,044
291,300
294,553
331,380
359,207
429,065
550,512
482,863
482,863550,512429,065359,207331,380294,553291,300247,044256,143265,621228,933174,572155,932145,076135,37280,73742,67184,60479,31972,929
       Other Current Assets 
67,013
178,440
830
1,095
1,149
1,225
1,333
1,436
1,572
1,725
1,863
1,918
1,444
1,935
2,180
2,563
3,073
0
50,574
0
050,57403,0732,5632,1801,9351,4441,9181,8631,7251,5721,4361,3331,2251,1491,095830178,44067,013
   > Long-term Assets 
0
10,690,808
12,273,651
14,338,532
16,540,773
17,835,363
18,711,726
20,147,903
7,708,511
8,888,917
10,107,473
11,324,681
12,736,036
15,322,700
18,462,274
23,003,062
27,770,485
34,380,487
43,003,307
58,592,166
58,592,16643,003,30734,380,48727,770,48523,003,06218,462,27415,322,70012,736,03611,324,68110,107,4738,888,9177,708,51120,147,90318,711,72617,835,36316,540,77314,338,53212,273,65110,690,8080
       Property Plant Equipment 
8,856,673
10,058,057
11,375,227
13,384,075
15,117,190
16,349,072
17,060,643
18,320,163
6,603,264
7,671,585
8,799,922
9,938,210
11,254,997
13,321,015
16,077,607
20,079,091
24,370,029
29,569,624
37,883,437
51,859,627
51,859,62737,883,43729,569,62424,370,02920,079,09116,077,60713,321,01511,254,9979,938,2108,799,9227,671,5856,603,26418,320,16317,060,64316,349,07215,117,19013,384,07511,375,22710,058,0578,856,673
       Intangible Assets 
257,611
286,510
346,600
369,020
454,349
482,218
662,094
720,243
275,037
326,467
367,296
416,066
477,211
625,501
863,162
1,196,831
1,536,831
2,681,012
2,761,957
3,677,716
3,677,7162,761,9572,681,0121,536,8311,196,831863,162625,501477,211416,066367,296326,467275,037720,243662,094482,218454,349369,020346,600286,510257,611
       Long-term Assets Other 
0
10,690,808
12,273,651
14,338,532
0
17,835,363
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000017,835,363014,338,53212,273,65110,690,8080
> Total Liabilities 
7,459,879
5,976,833
9,009,568
14,960,510
10,822,693
9,754,258
12,472,550
14,331,986
10,398,748
9,173,807
13,343,484
17,697,243
10,359,944
10,179,769
15,892,022
21,203,561
14,536,489
14,591,040
28,643,955
43,043,290
43,043,29028,643,95514,591,04014,536,48921,203,56115,892,02210,179,76910,359,94417,697,24313,343,4849,173,80710,398,74814,331,98612,472,5509,754,25810,822,69314,960,5109,009,5685,976,8337,459,879
   > Total Current Liabilities 
5,927,632
5,552,624
8,733,548
14,837,520
10,743,162
9,669,189
12,391,468
14,253,268
10,315,860
9,088,743
13,248,409
17,605,735
10,259,235
10,056,310
15,770,737
21,081,109
14,275,238
14,347,720
28,394,732
42,798,494
42,798,49428,394,73214,347,72014,275,23821,081,10915,770,73710,056,31010,259,23517,605,73513,248,4099,088,74310,315,86014,253,26812,391,4689,669,18910,743,16214,837,5208,733,5485,552,6245,927,632
       Short-term Debt 
133,147
635,462
1,010,373
1,175,298
538,660
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000538,6601,175,2981,010,373635,462133,147
       Short Long Term Debt 
133,147
635,462
1,010,373
1,175,298
538,660
594,626
1,446,539
1,257,782
11,645
11,479
0
29
0
140
0
0
0
27
0
0
0027000140029011,47911,6451,257,7821,446,539594,626538,6601,175,2981,010,373635,462133,147
       Accounts payable 
3,456,770
3,258,363
6,103,286
11,716,397
8,790,293
7,211,350
9,803,524
11,285,821
8,762,772
7,578,535
11,414,806
15,148,601
8,415,632
8,021,747
13,111,114
17,292,541
10,395,447
11,616,519
22,916,756
36,401,866
36,401,86622,916,75611,616,51910,395,44717,292,54113,111,1148,021,7478,415,63215,148,60111,414,8067,578,5358,762,77211,285,8219,803,5247,211,3508,790,29311,716,3976,103,2863,258,3633,456,770
       Other Current Liabilities 
1,205,477
956,095
751,178
1,077,292
956,698
1,238,992
554,396
575,861
553,241
551,593
803,111
829,434
636,822
837,795
1,113,156
1,849,333
1,401,385
746,271
2,055,425
0
02,055,425746,2711,401,3851,849,3331,113,156837,795636,822829,434803,111551,593553,241575,861554,3961,238,992956,6981,077,292751,178956,0951,205,477
   > Long-term Liabilities 
0
424,209
276,020
122,989
79,531
85,068
81,083
78,718
82,888
85,064
95,075
91,508
100,709
123,459
121,285
122,452
261,251
243,320
249,223
244,796
244,796249,223243,320261,251122,452121,285123,459100,70991,50895,07585,06482,88878,71881,08385,06879,531122,989276,020424,2090
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
146,996
146,9960000000000000000000
       Long-term Liabilities Other 
0
61,059
63,575
65,205
62,914
68,534
65,735
63,594
0
74,656
85,241
86,294
96,331
119,628
0
0
0
0
0
0
000000119,62896,33186,29485,24174,656063,59465,73568,53462,91465,20563,57561,0590
> Total Stockholder Equity
7,748,734
9,767,752
11,229,762
13,706,408
15,529,216
16,810,648
17,989,300
19,668,592
6,425,993
7,365,450
8,413,087
10,368,763
12,108,877
15,250,447
19,438,257
24,332,879
29,824,149
36,198,200
46,934,084
66,741,843
66,741,84346,934,08436,198,20029,824,14924,332,87919,438,25715,250,44712,108,87710,368,7638,413,0877,365,4506,425,99319,668,59217,989,30016,810,64815,529,21613,706,40811,229,7629,767,7527,748,734
   Common Stock
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
325,540
0
0325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540325,540
   Retained Earnings 
2,877,270
2,928,534
1,744,948
3,036,788
8,035,443
8,732,360
9,477,123
10,504,457
-3,776,029
-4,157,734
-4,372,088
-3,603,927
-3,290,056
-2,623,094
-1,527,390
-1,240,129
-171,433
-315,421
1,736,742
-59,534,821
-59,534,8211,736,742-315,421-171,433-1,240,129-1,527,390-2,623,094-3,290,056-3,603,927-4,372,088-4,157,734-3,776,02910,504,4579,477,1238,732,3608,035,4433,036,7881,744,9482,928,5342,877,270
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
4,545,924
5,119,694
5,637,360
6,382,222
7,168,233
7,752,747
8,186,637
8,838,595
9,876,483
11,197,645
12,459,635
13,647,150
15,073,393
17,548,001
20,640,107
25,247,468
29,670,041
36,188,081
44,871,802
0
044,871,80236,188,08129,670,04125,247,46820,640,10717,548,00115,073,39313,647,15012,459,63511,197,6459,876,4838,838,5958,186,6377,752,7477,168,2336,382,2225,637,3605,119,6944,545,924



Balance Sheet

Currency in ARS. All numbers in thousands.




Cash Flow

Currency in ARS. All numbers in thousands.




Income Statement

Currency in ARS. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue56,448,299
Cost of Revenue-44,532,932
Gross Profit11,915,36711,915,367
 
Operating Income (+$)
Gross Profit11,915,367
Operating Expense-54,346,648
Operating Income2,101,650-42,431,281
 
Operating Expense (+$)
Research Development-
Selling General Administrative4,861,515
Selling And Marketing Expenses-
Operating Expense54,346,6484,861,515
 
Net Interest Income (+$)
Interest Income6,575,175
Interest Expense-1,090,182
Other Finance Cost-150,679
Net Interest Income5,635,672
 
Pretax Income (+$)
Operating Income2,101,650
Net Interest Income5,635,672
Other Non-Operating Income Expenses-
Income Before Tax (EBT)3,073,7442,101,650
EBIT - interestExpense = -1,090,182
2,327,199
3,417,381
Interest Expense1,090,182
Earnings Before Interest and Taxes (EBIT)-4,163,926
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax3,073,744
Tax Provision-746,545
Net Income From Continuing Ops2,327,1992,327,199
Net Income2,327,199
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--5,635,672
 

Technical Analysis of Naturgy
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 Naturgy. The general trend of Naturgy is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Naturgy's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. 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 Naturgy BAN SA.

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

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

The bullish price targets are: 1,150 < 1,450 < 1,600.

The bearish price targets are: 969.00 > 950.00 > 847.00.

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Naturgy BAN SA 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 Naturgy BAN SA. The current mas is .

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

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

Directionalities and relatives.

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

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

Naturgy BAN SA 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 Naturgy BAN SA. The current macd is -38.88297767.

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 Naturgy price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Naturgy. 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 Naturgy 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
Naturgy BAN SA Daily Moving Average Convergence/Divergence (MACD) ChartNaturgy BAN SA 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 Naturgy BAN SA. The current adx is 26.63.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Naturgy shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Naturgy BAN SA 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 Naturgy BAN SA. The current sar is 1,143.

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
Naturgy BAN SA Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Naturgy BAN SA. The current rsi is 35.96. The current phase is Correction in bull market.

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

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Naturgy BAN SA Daily Relative Strength Index (RSI) ChartNaturgy BAN SA 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 Naturgy BAN SA. The current phase is Oversold in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Naturgy price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Naturgy BAN SA Daily Stochastic Oscillator ChartNaturgy BAN SA 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 Naturgy BAN SA. The current cci is -94.33437609.

Naturgy BAN SA Daily Commodity Channel Index (CCI) ChartNaturgy BAN SA 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 Naturgy BAN SA. The current cmo is -48.64663055.

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
Naturgy BAN SA Daily Chande Momentum Oscillator (CMO) ChartNaturgy BAN SA 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 Naturgy BAN SA. The current willr is -88.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Naturgy BAN SA Daily Williams %R ChartNaturgy BAN SA Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Naturgy BAN SA.

Naturgy BAN SA 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 Naturgy BAN SA. The current atr is 103.38.

Naturgy BAN SA Daily Average True Range (ATR) ChartNaturgy BAN SA Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Naturgy BAN SA. The current obv is 578,744.

Naturgy BAN SA Daily On-Balance Volume (OBV) ChartNaturgy BAN SA 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 Naturgy BAN SA. The current mfi is 42.19.

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
Naturgy BAN SA Daily Money Flow Index (MFI) ChartNaturgy BAN SA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Naturgy BAN SA.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-06SAR 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).
2023-10-09MACD 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
2023-10-10BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-10-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-10-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-10-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21MACD 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
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04SAR 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
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-08BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07CCI 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).
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22DMI 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.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Naturgy BAN SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Naturgy BAN SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.958
Ma 20Greater thanMa 501,177.475
Ma 50Greater thanMa 1001,106.460
Ma 100Greater thanMa 200780.575
OpenGreater thanClose1,014.000
Total4/5 (80.0%)
Penke

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