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GORANI INDUSTRIES LTD.
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Quick analysis of GORANI INDUSTRIES LTD. (30 sec.)










1. Valuation of GORANI INDUSTRIES LTD. (5 min.)




Current price per share

INR137.05

2. Growth of GORANI INDUSTRIES LTD. (5 min.)




Is GORANI INDUSTRIES LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$1.3m$747.2k$511.3k40.6%

How much money is GORANI INDUSTRIES LTD. making?

Current yearPrevious yearGrowGrow %
Making money$112.2k$56.8k$55.4k49.4%
Net Profit Margin9.3%5.5%--

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

3. Financial Health of GORANI INDUSTRIES LTD. (5 min.)






Fundamentals of GORANI INDUSTRIES LTD.

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 less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

1.1. Profitability of GORANI INDUSTRIES LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit GORANI INDUSTRIES LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare GORANI INDUSTRIES LTD. to the  industry mean.
  • A Net Profit Margin of 7.5% means that ₹0.07 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 7.5%. The company is making a profit. +1
  • The TTM is 9.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.5%TTM9.3%-1.8%
TTM9.3%YOY5.5%+3.8%
TTM9.3%5Y8.1%+1.3%
5Y8.1%10Y8.1%0.0%
1.1.2. Return on Assets

Shows how efficient GORANI INDUSTRIES LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare GORANI INDUSTRIES LTD. to the  industry mean.
  • 3.8% Return on Assets means that GORANI INDUSTRIES LTD. generated ₹0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 3.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.8%TTM4.1%-0.3%
TTM4.1%YOY2.9%+1.2%
TTM4.1%5Y3.7%+0.4%
5Y3.7%10Y3.7%0.0%
1.1.3. Return on Equity

Shows how efficient GORANI INDUSTRIES LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare GORANI INDUSTRIES LTD. to the  industry mean.
  • 8.4% Return on Equity means GORANI INDUSTRIES LTD. generated ₹0.08 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 8.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.4%TTM9.0%-0.5%
TTM9.0%YOY7.6%+1.3%
TTM9.0%5Y8.5%+0.4%
5Y8.5%10Y8.5%0.0%

1.2. Operating Efficiency of GORANI INDUSTRIES LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient GORANI INDUSTRIES LTD. is operating .

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

Let's take a look of the Operating Margin trends of GORANI INDUSTRIES LTD.:

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

Measures how efficient GORANI INDUSTRIES LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.63 means that the operating costs are ₹1.63 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 1.631. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.612. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.631TTM1.612+0.020
TTM1.612YOY1.681-0.070
TTM1.6125Y1.635-0.023
5Y1.63510Y1.6350.000

1.3. Liquidity of GORANI INDUSTRIES LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if GORANI INDUSTRIES LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.68 means the company has ₹1.68 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 1.683. The company is able to pay all its short-term debts. +1
  • The TTM is 1.703. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.683TTM1.703-0.021
TTM1.703YOY1.337+0.366
TTM1.7035Y1.581+0.122
5Y1.58110Y1.5810.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare GORANI INDUSTRIES LTD. to the  industry mean.
  • A Quick Ratio of 0.77 means the company can pay off ₹0.77 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 0.772. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.638. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.772TTM0.638+0.133
TTM0.638YOY0.399+0.240
TTM0.6385Y0.558+0.080
5Y0.55810Y0.5580.000

1.4. Solvency of GORANI INDUSTRIES LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of GORANI INDUSTRIES LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare GORANI INDUSTRIES LTD. to industry mean.
  • A Debt to Asset Ratio of 0.55 means that GORANI INDUSTRIES LTD. assets are financed with 54.9% credit (debt) and the remaining percentage (100% - 54.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 0.549. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.542. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.549TTM0.542+0.007
TTM0.542YOY0.622-0.080
TTM0.5425Y0.569-0.027
5Y0.56910Y0.5690.000
1.4.2. Debt to Equity Ratio

Measures if GORANI INDUSTRIES LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare GORANI INDUSTRIES LTD. to the  industry mean.
  • A Debt to Equity ratio of 121.7% means that company has ₹1.22 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 1.217. The company is able to pay all its debts with equity. +1
  • The TTM is 1.184. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.217TTM1.184+0.033
TTM1.184YOY1.649-0.464
TTM1.1845Y1.339-0.155
5Y1.33910Y1.3390.000

2. Market Valuation of GORANI INDUSTRIES LTD.

2. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare GORANI INDUSTRIES LTD. to the  industry mean.
  • A PE ratio of 130.97 means the investor is paying ₹130.97 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of GORANI INDUSTRIES LTD.:

  • The EOD is 78.211. Neutral. Compare to industry.
  • The MRQ is 130.969. Seems overpriced? -1
  • The TTM is 87.242. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
EOD78.211MRQ130.969-52.759
MRQ130.969TTM87.242+43.727
TTM87.242YOY25.746+61.496
TTM87.2425Y66.743+20.499
5Y66.74310Y66.7430.000
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of GORANI INDUSTRIES LTD..

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of GORANI INDUSTRIES LTD.:

  • The MRQ is 140.325. Seems overpriced? -1
  • The TTM is 81.325. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ140.325TTM81.325+59.000
TTM81.3255Y81.3250.000
5Y81.32510Y81.3250.000

2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 11.05 means the investor is paying ₹11.05 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of GORANI INDUSTRIES LTD.:

  • The EOD is 6.602. Seems overpriced? -1
  • The MRQ is 11.055. Seems overpriced? -1
  • The TTM is 7.587. Seems overpriced? -1
Trends
Current periodCompared to+/- 
EOD6.602MRQ11.055-4.453
MRQ11.055TTM7.587+3.468
TTM7.587YOY1.958+5.629
TTM7.5875Y5.710+1.876
5Y5.71010Y5.7100.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of GORANI INDUSTRIES 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--0.9244.046-77%12.668-93%6.920-87%6.920-87%
Book Value Growth--1.1511.359-15%--1.359-15%1.359-15%
Book Value Per Share--20.76020.298+2%12.668+64%17.755+17%17.755+17%
Book Value Per Share Growth--1.0471.306-20%--1.306-20%1.306-20%
Current Ratio--1.6831.703-1%1.337+26%1.581+6%1.581+6%
Debt To Asset Ratio--0.5490.542+1%0.622-12%0.569-3%0.569-3%
Debt To Equity Ratio--1.2171.184+3%1.649-26%1.339-9%1.339-9%
Dividend Per Share----0%-0%-0%-0%
Eps--1.7521.815-3%0.963+82%1.531+14%1.531+14%
Eps Growth--0.9331.441-35%--1.441-35%1.441-35%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Net Profit Margin--0.0750.093-20%0.055+35%0.081-7%0.081-7%
Operating Margin----0%-0%-0%-0%
Operating Ratio--1.6311.612+1%1.681-3%1.6350%1.6350%
Pb Ratio6.602-67%11.0557.587+46%1.958+465%5.710+94%5.710+94%
Pe Ratio78.211-67%130.96987.242+50%25.746+409%66.743+96%66.743+96%
Peg Ratio--140.32581.325+73%--81.325+73%81.325+73%
Price Per Share137.050-67%229.500155.600+47%24.800+825%112.000+105%112.000+105%
Price To Total Gains Ratio148.330-67%248.389129.893+91%1.958+12588%87.248+185%87.248+185%
Profit Growth--1.0271.488-31%--1.488-31%1.488-31%
Quick Ratio--0.7720.638+21%0.399+94%0.558+38%0.558+38%
Return On Assets--0.0380.041-7%0.029+33%0.037+3%0.037+3%
Return On Equity--0.0840.090-6%0.076+11%0.085-1%0.085-1%
Revenue Growth--1.5311.249+23%--1.249+23%1.249+23%
Total Gains Per Share--0.9244.046-77%12.668-93%6.920-87%6.920-87%
Total Gains Per Share Growth--0.1290.347-63%--0.347-63%0.347-63%
Usd Book Value--1347080.9001258599.650+7%747259.700+80%1088153.000+24%1088153.000+24%
Usd Book Value Change Per Share--0.0110.049-77%0.153-93%0.084-87%0.084-87%
Usd Book Value Per Share--0.2510.246+2%0.153+64%0.215+17%0.215+17%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0210.022-3%0.012+82%0.019+14%0.019+14%
Usd Free Cash Flow----0%-0%-0%-0%
Usd Price Per Share1.658-67%2.7771.883+47%0.300+825%1.355+105%1.355+105%
Usd Profit--113703.700112227.500+1%56821.600+100%93758.867+21%93758.867+21%
Usd Revenue--1519203.4001255610.950+21%1026624.500+48%1179282.133+29%1179282.133+29%
Usd Total Gains Per Share--0.0110.049-77%0.153-93%0.084-87%0.084-87%
 EOD+3 -2MRQTTM+9 -22YOY+17 -75Y+16 -1510Y+16 -15

3.2. Fundamental Score

Let's check the fundamental score of GORANI INDUSTRIES LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1578.211
Price to Book Ratio (EOD)Between0-16.602
Net Profit Margin (MRQ)Greater than00.075
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.772
Current Ratio (MRQ)Greater than11.683
Debt to Asset Ratio (MRQ)Less than10.549
Debt to Equity Ratio (MRQ)Less than11.217
Return on Equity (MRQ)Greater than0.150.084
Return on Assets (MRQ)Greater than0.050.038
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of GORANI INDUSTRIES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.522
Ma 20Greater thanMa 50162.835
Ma 50Greater thanMa 100167.026
Ma 100Greater thanMa 200172.846
OpenGreater thanClose150.000
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-09-30. Currency in INR. All numbers in thousands.

Summary
Total Assets246,840
Total Liabilities135,511
Total Stockholder Equity111,329
 As reported
Total Liabilities 135,511
Total Stockholder Equity+ 111,329
Total Assets = 246,840

Assets

Total Assets246,840
Total Current Assets210,376
Long-term Assets210,376
Total Current Assets
Cash And Cash Equivalents 5,386
Net Receivables 96,456
Inventory 97,786
Other Current Assets 10,334
Total Current Assets  (as reported)210,376
Total Current Assets  (calculated)209,962
+/- 414
Long-term Assets
Long-term Assets  (as reported)36,464
Long-term Assets  (calculated)0
+/- 36,464

Liabilities & Shareholders' Equity

Total Current Liabilities125,018
Long-term Liabilities10,493
Total Stockholder Equity111,329
Total Current Liabilities
Short Long Term Debt 75,150
Accounts payable 32,030
Other Current Liabilities 8,109
Total Current Liabilities  (as reported)125,018
Total Current Liabilities  (calculated)115,289
+/- 9,729
Long-term Liabilities
Long term Debt 7,300
Capital Lease Obligations Min Short Term Debt6
Long-term Liabilities  (as reported)10,493
Long-term Liabilities  (calculated)7,306
+/- 3,187
Total Stockholder Equity
Total Stockholder Equity (as reported)111,329
Total Stockholder Equity (calculated)0
+/- 111,329
Other
Capital Stock53,626
Common Stock Shares Outstanding 5,363
Net Debt 77,064
Net Invested Capital 193,779
Net Working Capital 85,358



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-09-302022-03-312021-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
0
0
0
0
163,581
208,065
246,840
246,840208,065163,5810000
   > Total Current Assets 
94,951
0
99,244
0
132,444
173,917
210,376
210,376173,917132,444099,244094,951
       Cash And Cash Equivalents 
0
0
0
0
878
15,513
5,386
5,38615,5138780000
       Short-term Investments 
0
0
0
0
377
367
0
03673770000
       Net Receivables 
51,867
0
60,469
0
39,100
50,566
96,456
96,45650,56639,100060,469051,867
       Inventory 
33,671
0
30,646
0
82,055
95,354
97,786
97,78695,35482,055030,646033,671
       Other Current Assets 
4,729
0
2,523
0
10,034
12,117
10,334
10,33412,11710,03402,52304,729
   > Long-term Assets 
0
0
0
0
31,137
34,148
36,464
36,46434,14831,1370000
       Property Plant Equipment 
29,728
0
28,561
0
0
0
0
000028,561029,728
> Total Liabilities 
0
0
0
0
101,824
111,361
135,511
135,511111,361101,8240000
   > Total Current Liabilities 
72,357
0
73,892
0
99,050
100,868
125,018
125,018100,86899,050073,892072,357
       Short Long Term Debt 
0
0
0
0
55,668
67,742
75,150
75,15067,74255,6680000
       Accounts payable 
33,351
0
31,912
0
26,085
20,716
32,030
32,03020,71626,085031,912033,351
       Other Current Liabilities 
9,325
0
2,392
0
6,793
5,174
8,109
8,1095,1746,79302,39209,325
   > Long-term Liabilities 
0
0
0
0
2,774
10,493
10,493
10,49310,4932,7740000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
6
6
6600000
> Total Stockholder Equity
0
0
0
0
61,757
96,704
111,329
111,32996,70461,7570000
   Retained Earnings 
0
0
-649
0
0
22,139
0
022,13900-64900
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2022-03-31)

Gross Profit (+$)
totalRevenue286,722
Cost of Revenue-217,903
Gross Profit68,81968,819
 
Operating Income (+$)
Gross Profit68,819
Operating Expense-260,816
Operating Income25,906-191,997
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,997
Selling And Marketing Expenses-
Operating Expense260,8162,997
 
Net Interest Income (+$)
Interest Income19
Interest Expense-3,352
Other Finance Cost-592
Net Interest Income-3,925
 
Pretax Income (+$)
Operating Income25,906
Net Interest Income-3,925
Other Non-Operating Income Expenses-
Income Before Tax (EBT)22,66125,906
EBIT - interestExpense = -3,352
16,631
19,983
Interest Expense3,352
Earnings Before Interest and Taxes (EBIT)-26,013
Earnings Before Interest and Taxes (EBITDA)29,830
 
After tax Income (+$)
Income Before Tax22,661
Tax Provision-6,030
Net Income From Continuing Ops16,63116,631
Net Income16,631
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-3,925
 

Technicals of GORANI INDUSTRIES LTD.

1. Trend Indicators

1.1 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.

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

GORANI INDUSTRIES LTD. Daily Moving Averages ChartGORANI INDUSTRIES LTD. Daily Moving Averages Chart
1.2 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.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of GORANI INDUSTRIES LTD.:

  • The Moving Average Convergence/Divergence (MACD) is -6.047. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
  • The MACD is lower than the signal line. This is a bearish indication. -1
GORANI INDUSTRIES LTD. Daily Moving Average Convergence/Divergence (MACD) ChartGORANI INDUSTRIES LTD. Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 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. Let's take a look of the ADX of GORANI INDUSTRIES LTD.:

  • The ADX is 17.222. Not trending. -2
  • The ADX is rising, a new trend could be forming. +1
  • The +DI is lower than the -DI. The current trend is down. -2
GORANI INDUSTRIES LTD. Daily Directional Movement Index (DMI) ChartGORANI INDUSTRIES LTD. Daily Directional Movement Index (DMI) Chart
1.4 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..
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • GORANI INDUSTRIES LTD. Daily Parabolic SAR ChartGORANI INDUSTRIES LTD. Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 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
    • The RSI is below 50. -1
    • The RSI is below 30 and oversold. +2
    GORANI INDUSTRIES LTD. Daily Relative Strength Index (RSI) ChartGORANI INDUSTRIES LTD. Daily Relative Strength Index (RSI) Chart
    2.2 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
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    GORANI INDUSTRIES LTD. Daily Stochastic Oscillator ChartGORANI INDUSTRIES LTD. Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    GORANI INDUSTRIES LTD. Daily Commodity Channel Index (CCI) ChartGORANI INDUSTRIES LTD. Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    GORANI INDUSTRIES LTD. Daily Chande Momentum Oscillator (CMO) ChartGORANI INDUSTRIES LTD. Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    GORANI INDUSTRIES LTD. Daily Williams %R ChartGORANI INDUSTRIES LTD. Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    GORANI INDUSTRIES LTD. Daily Bollinger Bands ChartGORANI INDUSTRIES LTD. Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    GORANI INDUSTRIES LTD. Daily Average True Range (ATR) ChartGORANI INDUSTRIES LTD. Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    GORANI INDUSTRIES LTD. Daily On-Balance Volume (OBV) ChartGORANI INDUSTRIES LTD. Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    GORANI INDUSTRIES LTD. Daily Money Flow Index (MFI) ChartGORANI INDUSTRIES LTD. Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for GORANI INDUSTRIES LTD..

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-05-22DMI SHORT ENTRY LONG CLOSE
    2023-05-23MACD SHORT ENTRY LONG CLOSE
    SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    2023-05-25DMI LONG ENTRY SHORT CLOSE
    WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
    2023-05-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
    2023-05-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
    STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    ATR LONG ENTRY SHORT CLOSE
    2023-05-31CMO SHORT ENTRY LONG CLOSE-50 crossover to downside
    2023-06-01CMO SHORT ENTRY LONG CLOSE-50 crossover to downside

    5.2. Technical Score

    Let's check the technical score of GORANI INDUSTRIES LTD. based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5024.522
    Ma 20Greater thanMa 50162.835
    Ma 50Greater thanMa 100167.026
    Ma 100Greater thanMa 200172.846
    OpenGreater thanClose150.000
    Total1/5 (20.0%)

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