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Grenergy Renovables S.A
Buy, Hold or Sell?

Let's analyse Grenergy together

PenkeI guess you are interested in Grenergy Renovables S.A. 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 Grenergy Renovables S.A. 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 Grenergy (30 sec.)










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

How much money do you get?

How much money do you get?
‚ā¨0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
‚ā¨11.57
Expected worth in 1 year
‚ā¨25.23
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
‚ā¨13.66
Return On Investment
44.7%

For what price can you sell your share?

Current Price per Share
‚ā¨30.55
Expected price per share
‚ā¨25.10 - ‚ā¨33.18
How sure are you?
50%

1. Valuation of Grenergy (5 min.)




Live pricePrice per Share (EOD)

‚ā¨30.55

Intrinsic Value Per Share

‚ā¨-155.71 - ‚ā¨-142.51

Total Value Per Share

‚ā¨-144.14 - ‚ā¨-130.94

2. Growth of Grenergy (5 min.)




Is Grenergy growing?

Current yearPrevious yearGrowGrow %
How rich?$370m$263.5m$106.5m28.8%

How much money is Grenergy making?

Current yearPrevious yearGrowGrow %
Making money$54.9m$11m$43.8m79.8%
Net Profit Margin28.5%9.3%--

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

3. Financial Health of Grenergy (5 min.)




4. Comparing to competitors in the Engineering & Construction industry (5 min.)




  Industry Rankings (Engineering & Construction)  

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

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

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

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

Speculation

The Price per Share of Grenergy is ‚ā¨30.55. 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 Grenergy.
  • 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 Grenergy, 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 ‚ā¨11.57. Based on the TTM, the Book Value Change Per Share is ‚ā¨3.41 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨2.61 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 ‚ā¨0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Grenergy.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps1.856.1%1.856.1%0.371.2%0.772.5%0.441.4%
Usd Book Value Change Per Share3.6812.0%3.6812.0%2.819.2%2.277.4%1.254.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share3.6812.0%3.6812.0%2.819.2%2.277.4%1.254.1%
Usd Price Per Share36.87-36.87-29.85-31.18-16.73-
Price to Earnings Ratio19.92-19.92-80.76-52.44-29.55-
Price-to-Total Gains Ratio10.03-10.03-10.61-35.03-28.54-
Price to Book Ratio2.96-2.96-3.40-9.19-6.15-
Price-to-Total Gains Ratio10.03-10.03-10.61-35.03-28.54-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share32.893185
Number of shares30
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share3.682.27
Usd Total Gains Per Share3.682.27
Gains per Quarter (30 shares)110.3068.24
Gains per Year (30 shares)441.21272.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
104414310273263
208828720546536
30132413130819809
4017651754010921082
5022062195013651355
6026472636016381628
7030883077019111901
8035303518021842174
9039713959024572447
10044124400027302720

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%

Fundamentals of Grenergy

About Grenergy Renovables S.A

Grenergy Renovables, S.A., together with its subsidiaries, operates as an independent power producer. It operates through Development and Construction, Energy, Commercialization, and Services divisions. The company designs, develops, constructs, and operates photovoltaic and wind energy projects. Its activities include promotion, commercialization, and construction of renewable energy installations; production and commercialization of electric energy; management and operation of renewable energy installations; and asset management services. It has operations in Spain, Chile, Mexico, the United Kingdom, the Unites States, Poland, Germany, Peru, Colombia, Romania, Argentina, and Italy. Grenergy Renovables, S.A. was incorporated in 2007 and is based in Madrid, Spain. Grenergy Renovables, S.A. operates as a subsidiary of Daruan Group Holding, S.L.

Fundamental data was last updated by Penke on 2024-06-07 03:43:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge 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 operating very efficient.
The company is very efficient 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 able to pay all its debts by selling its assets.
The company is unable 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 fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Grenergy Renovables S.A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Grenergy earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Grenergy to the¬†Engineering & Construction industry mean.
  • A Net Profit Margin of 28.5%¬†means that¬†€0.29 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Grenergy Renovables S.A:

  • The MRQ is 28.5%. The company is making a huge profit. +2
  • The TTM is 28.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ28.5%TTM28.5%0.0%
TTM28.5%YOY9.3%+19.2%
TTM28.5%5Y18.8%+9.7%
5Y18.8%10Y12.4%+6.4%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ28.5%2.3%+26.2%
TTM28.5%2.2%+26.3%
YOY9.3%2.4%+6.9%
5Y18.8%2.2%+16.6%
10Y12.4%2.7%+9.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy¬†but always compare¬†Grenergy to the¬†Engineering & Construction industry mean.
  • 4.0% Return on Assets means that¬†Grenergy generated¬†€0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Grenergy Renovables S.A:

  • The MRQ is 4.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.0%0.0%
TTM4.0%YOY1.2%+2.9%
TTM4.0%5Y4.2%-0.2%
5Y4.2%10Y6.6%-2.4%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%0.7%+3.3%
TTM4.0%0.7%+3.3%
YOY1.2%0.7%+0.5%
5Y4.2%0.7%+3.5%
10Y6.6%0.9%+5.7%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare¬†Grenergy to the¬†Engineering & Construction industry mean.
  • 14.8% Return on Equity means Grenergy generated €0.15¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Grenergy Renovables S.A:

  • The MRQ is 14.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.8%TTM14.8%0.0%
TTM14.8%YOY4.2%+10.6%
TTM14.8%5Y18.2%-3.3%
5Y18.2%10Y18.3%-0.1%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ14.8%2.0%+12.8%
TTM14.8%2.2%+12.6%
YOY4.2%2.2%+2.0%
5Y18.2%2.1%+16.1%
10Y18.3%2.4%+15.9%

1.2. Operating Efficiency of Grenergy Renovables S.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Grenergy is operating .

  • Measures how much profit Grenergy 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¬†Grenergy to the¬†Engineering & Construction industry mean.
  • An Operating Margin of 48.6%¬†means the company generated €0.49 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Grenergy Renovables S.A:

  • The MRQ is 48.6%. The company is operating very efficient. +2
  • The TTM is 48.6%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ48.6%TTM48.6%0.0%
TTM48.6%YOY27.0%+21.7%
TTM48.6%5Y29.9%+18.7%
5Y29.9%10Y-3.4%+33.4%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ48.6%3.9%+44.7%
TTM48.6%2.1%+46.5%
YOY27.0%3.6%+23.4%
5Y29.9%3.6%+26.3%
10Y-3.4%3.5%-6.9%
1.2.2. Operating Ratio

Measures how efficient Grenergy is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Engineering & Construction industry mean).
  • An Operation Ratio of 0.50 means that the operating costs are €0.50 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Grenergy Renovables S.A:

  • The MRQ is 0.503. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.503. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.503TTM0.5030.000
TTM0.503YOY0.673-0.170
TTM0.5035Y0.660-0.157
5Y0.66010Y1.083-0.422
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5031.742-1.239
TTM0.5031.706-1.203
YOY0.6731.672-0.999
5Y0.6601.536-0.876
10Y1.0831.300-0.217

1.3. Liquidity of Grenergy Renovables S.A.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to¬†Engineering & Construction industry mean).
  • A Current Ratio of 1.15¬†means the company has €1.15 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Grenergy Renovables S.A:

  • The MRQ is 1.149. The company is just able to pay all its short-term debts.
  • The TTM is 1.149. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.149TTM1.1490.000
TTM1.149YOY0.927+0.222
TTM1.1495Y1.201-0.052
5Y1.20110Y1.483-0.282
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1491.307-0.158
TTM1.1491.305-0.156
YOY0.9271.320-0.393
5Y1.2011.357-0.156
10Y1.4831.325+0.158
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Grenergy to the¬†Engineering & Construction industry mean.
  • A Quick Ratio of 0.70¬†means the company can pay off €0.70 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Grenergy Renovables S.A:

  • The MRQ is 0.702. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.702. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.702TTM0.7020.000
TTM0.702YOY0.488+0.213
TTM0.7025Y0.909-0.208
5Y0.90910Y0.700+0.209
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7020.597+0.105
TTM0.7020.664+0.038
YOY0.4880.845-0.357
5Y0.9090.895+0.014
10Y0.7000.943-0.243

1.4. Solvency of Grenergy Renovables S.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare¬†Grenergy to Engineering & Construction industry mean.
  • A Debt to Asset Ratio of 0.73¬†means that Grenergy assets are¬†financed with 72.9% credit (debt) and the remaining percentage (100% - 72.9%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Grenergy Renovables S.A:

  • The MRQ is 0.729. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.729. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.729TTM0.7290.000
TTM0.729YOY0.724+0.005
TTM0.7295Y0.753-0.025
5Y0.75310Y0.679+0.074
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7290.622+0.107
TTM0.7290.622+0.107
YOY0.7240.625+0.099
5Y0.7530.608+0.145
10Y0.6790.601+0.078
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but¬†always compare¬†Grenergy to the¬†Engineering & Construction industry mean.
  • A Debt to Equity ratio of 268.2% means that company has €2.68 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Grenergy Renovables S.A:

  • The MRQ is 2.682. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.682. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.682TTM2.6820.000
TTM2.682YOY2.621+0.062
TTM2.6825Y3.119-0.436
5Y3.11910Y2.471+0.647
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6821.626+1.056
TTM2.6821.652+1.030
YOY2.6211.658+0.963
5Y3.1191.635+1.484
10Y2.4711.674+0.797

2. Market Valuation of Grenergy Renovables S.A

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 Grenergy generates.

  • Above 15 is considered overpriced but¬†always compare¬†Grenergy to the¬†Engineering & Construction industry mean.
  • A PE ratio of 19.92 means the investor is paying €19.92¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Grenergy Renovables S.A:

  • The EOD is 17.771. Based on the earnings, the company is fair priced.
  • The MRQ is 19.918. Based on the earnings, the company is fair priced.
  • The TTM is 19.918. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD17.771MRQ19.918-2.147
MRQ19.918TTM19.9180.000
TTM19.918YOY80.758-60.840
TTM19.9185Y52.439-32.521
5Y52.43910Y29.552+22.886
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD17.7717.956+9.815
MRQ19.9187.709+12.209
TTM19.9188.661+11.257
YOY80.7588.671+72.087
5Y52.43911.404+41.035
10Y29.55215.109+14.443
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Grenergy Renovables S.A:

  • The EOD is -2.724. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.053. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.053. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.724MRQ-3.053+0.329
MRQ-3.053TTM-3.0530.000
TTM-3.053YOY-5.489+2.436
TTM-3.0535Y-7.922+4.869
5Y-7.92210Y-6.413-1.509
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD-2.724-0.627-2.097
MRQ-3.053-0.611-2.442
TTM-3.0530.243-3.296
YOY-5.4890.678-6.167
5Y-7.9220.450-8.372
10Y-6.413-0.238-6.175
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to Engineering & Construction industry mean).
  • A PB ratio of 2.96 means the investor is paying €2.96¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Grenergy Renovables S.A:

  • The EOD is 2.640. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.959. Based on the equity, the company is underpriced. +1
  • The TTM is 2.959. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.640MRQ2.959-0.319
MRQ2.959TTM2.9590.000
TTM2.959YOY3.399-0.440
TTM2.9595Y9.191-6.232
5Y9.19110Y6.149+3.042
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD2.6401.098+1.542
MRQ2.9591.161+1.798
TTM2.9591.172+1.787
YOY3.3991.124+2.275
5Y9.1911.344+7.847
10Y6.1491.726+4.423
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Grenergy Renovables S.A 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--3.4153.4150%2.613+31%2.113+62%1.157+195%
Book Value Per Share--11.57111.5710%8.156+42%5.654+105%3.099+273%
Current Ratio--1.1491.1490%0.927+24%1.201-4%1.483-23%
Debt To Asset Ratio--0.7290.7290%0.724+1%0.753-3%0.679+7%
Debt To Equity Ratio--2.6822.6820%2.621+2%3.119-14%2.471+9%
Dividend Per Share----0%-0%-0%-0%
Eps--1.7191.7190%0.343+401%0.713+141%0.408+321%
Free Cash Flow Per Share---11.213-11.2130%-5.050-55%-5.375-52%-2.995-73%
Free Cash Flow To Equity Per Share---2.653-2.6530%1.604-265%0.228-1265%-0.138-95%
Gross Profit Margin--0.9940.9940%0.976+2%0.987+1%0.994+0%
Intrinsic Value_10Y_max---142.515--------
Intrinsic Value_10Y_min---155.714--------
Intrinsic Value_1Y_max---7.311--------
Intrinsic Value_1Y_min---9.692--------
Intrinsic Value_3Y_max---27.279--------
Intrinsic Value_3Y_min---34.414--------
Intrinsic Value_5Y_max---53.651--------
Intrinsic Value_5Y_min---64.747--------
Market Cap874695380.000-16%1017141178.2401017141178.2400%832044711.960+22%844262790.040+20%452337733.020+125%
Net Profit Margin--0.2850.2850%0.093+206%0.188+51%0.124+130%
Operating Margin--0.4860.4860%0.270+80%0.299+63%-0.034+107%
Operating Ratio--0.5030.5030%0.673-25%0.660-24%1.083-54%
Pb Ratio2.640-12%2.9592.9590%3.399-13%9.191-68%6.149-52%
Pe Ratio17.771-12%19.91819.9180%80.758-75%52.439-62%29.552-33%
Price Per Share30.550-12%34.24034.2400%27.720+24%28.962+18%15.536+120%
Price To Free Cash Flow Ratio-2.724+11%-3.053-3.0530%-5.489+80%-7.922+159%-6.413+110%
Price To Total Gains Ratio8.946-12%10.02710.0270%10.608-5%35.035-71%28.542-65%
Quick Ratio--0.7020.7020%0.488+44%0.909-23%0.700+0%
Return On Assets--0.0400.0400%0.012+247%0.042-4%0.066-39%
Return On Equity--0.1480.1480%0.042+253%0.182-18%0.183-19%
Total Gains Per Share--3.4153.4150%2.613+31%2.113+62%1.157+195%
Usd Book Value--370094091.000370094091.0000%263592310.500+40%179418148.989+106%98093886.081+277%
Usd Book Value Change Per Share--3.6773.6770%2.813+31%2.275+62%1.246+195%
Usd Book Value Per Share--12.45812.4580%8.782+42%6.088+105%3.337+273%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--1.8511.8510%0.370+401%0.767+141%0.440+321%
Usd Free Cash Flow---358656306.900-358656306.9000%-163205109.300-54%-169787808.904-53%-94366115.852-74%
Usd Free Cash Flow Per Share---12.073-12.0730%-5.437-55%-5.787-52%-3.224-73%
Usd Free Cash Flow To Equity Per Share---2.857-2.8570%1.728-265%0.245-1265%-0.149-95%
Usd Market Cap941784515.646-16%1095155906.6111095155906.6110%895862541.367+22%909017746.036+20%487032037.143+125%
Usd Price Per Share32.893-12%36.86636.8660%29.846+24%31.183+18%16.728+120%
Usd Profit--54983838.90054983838.9000%11093240.100+396%22470288.630+145%13218832.600+316%
Usd Revenue--192878961.300192878961.3000%119065792.800+62%111525498.180+73%60496233.779+219%
Usd Total Gains Per Share--3.6773.6770%2.813+31%2.275+62%1.246+195%
 EOD+3 -5MRQTTM+0 -0YOY+24 -105Y+22 -1210Y+21 -13

3.2. Fundamental Score

Let's check the fundamental score of Grenergy Renovables S.A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.771
Price to Book Ratio (EOD)Between0-12.640
Net Profit Margin (MRQ)Greater than00.285
Operating Margin (MRQ)Greater than00.486
Quick Ratio (MRQ)Greater than10.702
Current Ratio (MRQ)Greater than11.149
Debt to Asset Ratio (MRQ)Less than10.729
Debt to Equity Ratio (MRQ)Less than12.682
Return on Equity (MRQ)Greater than0.150.148
Return on Assets (MRQ)Greater than0.050.040
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Grenergy Renovables S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.319
Ma 20Greater thanMa 5029.583
Ma 50Greater thanMa 10028.094
Ma 100Greater thanMa 20027.728
OpenGreater thanClose29.800
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets1,266,336
Total Liabilities922,606
Total Stockholder Equity343,972
 As reported
Total Liabilities 922,606
Total Stockholder Equity+ 343,972
Total Assets = 1,266,336

Assets

Total Assets1,266,336
Total Current Assets388,416
Long-term Assets877,920
Total Current Assets
Cash And Cash Equivalents 121,451
Short-term Investments 735
Net Receivables 114,205
Inventory 135,963
Other Current Assets 516
Total Current Assets  (as reported)388,416
Total Current Assets  (calculated)372,870
+/- 15,546
Long-term Assets
Property Plant Equipment 763,810
Goodwill 5,698
Intangible Assets 71
Long-term Assets Other 64,202
Long-term Assets  (as reported)877,920
Long-term Assets  (calculated)833,781
+/- 44,139

Liabilities & Shareholders' Equity

Total Current Liabilities338,010
Long-term Liabilities584,596
Total Stockholder Equity343,972
Total Current Liabilities
Short-term Debt 215,659
Short Long Term Debt 212,616
Accounts payable 103,776
Other Current Liabilities 18,493
Total Current Liabilities  (as reported)338,010
Total Current Liabilities  (calculated)550,544
+/- 212,534
Long-term Liabilities
Long term Debt 485,706
Capital Lease Obligations 53,887
Long-term Liabilities  (as reported)584,596
Long-term Liabilities  (calculated)539,593
+/- 45,003
Total Stockholder Equity
Common Stock10,714
Retained Earnings 51,067
Accumulated Other Comprehensive Income 167,334
Other Stockholders Equity 114,857
Total Stockholder Equity (as reported)343,972
Total Stockholder Equity (calculated)343,972
+/-0
Other
Capital Stock10,714
Cash and Short Term Investments 122,186
Common Stock Shares Outstanding 29,706
Current Deferred Revenue82
Liabilities and Stockholders Equity 1,266,336
Net Debt 630,758
Net Invested Capital 1,042,294
Net Working Capital 50,406
Property Plant and Equipment Gross 804,724
Short Long Term Debt Total 752,209



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
21,657
20,644
50,305
57,497
58,285
157,627
258,198
604,808
886,981
1,266,336
1,266,336886,981604,808258,198157,62758,28557,49750,30520,64421,657
   > Total Current Assets 
11,787
16,278
27,370
37,524
39,570
69,583
88,700
176,358
205,139
388,416
388,416205,139176,35888,70069,58339,57037,52427,37016,27811,787
       Cash And Cash Equivalents 
112
1,044
9,057
2,953
13,119
28,773
20,569
68,668
105,670
121,451
121,451105,67068,66820,56928,77313,1192,9539,0571,044112
       Short-term Investments 
3
13
2,354
147
124
6,873
6,461
7,961
1,212
735
7351,2127,9616,4616,8731241472,354133
       Net Receivables 
3
13
2,354
147
14,706
25,086
43,501
82,382
-87
114,205
114,205-8782,38243,50125,08614,7061472,354133
       Inventory 
126
1,660
8,010
9,647
5,974
8,793
17,052
11,745
2,257
135,963
135,9632,25711,74517,0528,7935,9749,6478,0101,660126
       Other Current Assets 
11,546
13,562
7,948
24,776
20,353
6,931
7,578
13,563
96,087
516
51696,08713,5637,5786,93120,35324,7767,94813,56211,546
   > Long-term Assets 
9,870
4,365
22,934
19,973
18,715
88,044
169,498
428,450
681,842
877,920
877,920681,842428,450169,49888,04418,71519,97322,9344,3659,870
       Property Plant Equipment 
9,112
4,112
22,452
16,629
14,957
74,911
150,052
401,855
610,324
763,810
763,810610,324401,855150,05274,91114,95716,62922,4524,1129,112
       Goodwill 
19
0
0
0
0
0
0
0
0
5,698
5,6980000000019
       Long Term Investments 
211
210
264
6
12
102
0
0
0
0
0000102126264210211
       Intangible Assets 
0
0
1
2,850
2,697
9,446
9,143
81
248
71
71248819,1439,4462,6972,850100
       Other Assets 
527
43
218
487
1,049
3,585
10,304
25,540
47,327
0
047,32725,54010,3043,5851,04948721843527
> Total Liabilities 
14,519
8,210
36,908
41,454
29,421
120,530
209,363
446,100
642,166
922,606
922,606642,166446,100209,363120,53029,42141,45436,9088,21014,519
   > Total Current Liabilities 
8,625
6,733
18,874
23,741
19,686
47,092
65,846
159,724
221,270
338,010
338,010221,270159,72465,84647,09219,68623,74118,8746,7338,625
       Short-term Debt 
6,350
4,677
2,248
5,177
6,423
5,645
17,550
67,683
82,341
215,659
215,65982,34167,68317,5505,6456,4235,1772,2484,6776,350
       Short Long Term Debt 
5,008
1,298
4,225
7,424
7,640
8,296
19,923
66,294
80,836
212,616
212,61680,83666,29419,9238,2967,6407,4244,2251,2985,008
       Accounts payable 
61
1,308
12,156
11,522
10,662
23,388
40,327
76,793
85,050
103,776
103,77685,05076,79340,32723,38810,66211,52212,1561,30861
       Other Current Liabilities 
0
675
4,419
545
2,601
9,407
7,968
15,246
53,590
18,493
18,49353,59015,2467,9689,4072,6015454,4196750
   > Long-term Liabilities 
5,895
1,477
18,033
17,713
9,735
73,438
143,518
286,376
420,896
584,596
584,596420,896286,376143,51873,4389,73517,71318,0331,4775,895
       Long term Debt Total 
0
0
0
0
0
0
132,305
244,179
363,533
0
0363,533244,179132,305000000
       Long term Debt 
3,784
1,441
17,721
17,215
9,600
63,513
128,261
233,128
337,460
485,706
485,706337,460233,128128,26163,5139,60017,21517,7211,4413,784
       Capital Lease Obligations 
0
0
51
37
163
4,419
4,881
12,440
27,578
53,887
53,88727,57812,4404,8814,419163375100
       Other Liabilities 
1,972
12
274
463
0
6,198
9,012
26,874
36,777
0
036,77726,8749,0126,1980463274121,972
       Long-term Liabilities Other 
0
0
0
11
0
0
0
0
0
0
00000011000
> Total Stockholder Equity
7,141
12,437
13,052
16,021
29,093
37,248
49,205
159,323
245,053
343,972
343,972245,053159,32349,20537,24829,09316,02113,05212,4377,141
   Common Stock
3,000
3,409
3,646
3,646
3,646
8,507
8,507
9,774
10,714
10,714
10,71410,7149,7748,5078,5073,6463,6463,6463,4093,000
   Retained Earnings 
1,725
2,942
-3,036
3,513
13,279
11,437
15,233
16,308
10,303
51,067
51,06710,30316,30815,23311,43713,2793,513-3,0362,9421,725
   Capital Surplus 
0
0
0
0
0
0
6,118
109,851
198,912
0
0198,912109,8516,118000000
   Treasury Stock0000000000
   Other Stockholders Equity 
2,416
6,085
12,441
8,863
12,167
-8,648
-17,231
75,966
168,881
114,857
114,857168,88175,966-17,231-8,64812,1678,86312,4416,0852,416



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue179,139
Cost of Revenue-22,177
Gross Profit156,962156,962
 
Operating Income (+$)
Gross Profit156,962
Operating Expense-68,012
Operating Income86,56388,950
 
Operating Expense (+$)
Research Development0
Selling General Administrative8,413
Selling And Marketing Expenses315
Operating Expense68,0128,728
 
Net Interest Income (+$)
Interest Income1,806
Interest Expense-34,941
Other Finance Cost-230
Net Interest Income-33,365
 
Pretax Income (+$)
Operating Income86,563
Net Interest Income-33,365
Other Non-Operating Income Expenses0
Income Before Tax (EBT)52,193120,933
EBIT - interestExpense = 52,193
52,205
86,008
Interest Expense34,941
Earnings Before Interest and Taxes (EBIT)87,13487,134
Earnings Before Interest and Taxes (EBITDA)105,080
 
After tax Income (+$)
Income Before Tax52,193
Tax Provision-1,138
Net Income From Continuing Ops51,05551,055
Net Income51,067
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses90,189
Total Other Income/Expenses Net-34,37033,365
 

Technical Analysis of Grenergy
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 Grenergy. The general trend of Grenergy is BULLISH with 85.7% 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 Grenergy'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 (85.7%) Bearish trend (-85.7%)
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 Grenergy Renovables S.A.

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: 32.35 < 32.84 < 33.18.

The bearish price targets are: 29.60 > 26.55 > 25.10.

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Grenergy Renovables S.A 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 Grenergy Renovables S.A. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

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

Grenergy Renovables S.A 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 Grenergy Renovables S.A. The current macd is 0.86270484.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Grenergy price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Grenergy. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Grenergy price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Grenergy Renovables S.A Daily Moving Average Convergence/Divergence (MACD) ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A. The current adx is 16.92.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Grenergy shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Grenergy Renovables S.A 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 Grenergy Renovables S.A. The current sar is 32.35.

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
Grenergy Renovables S.A 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 Grenergy Renovables S.A. The current rsi is 56.32. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Grenergy Renovables S.A Daily Relative Strength Index (RSI) ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A. The current phase is Continuation in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Grenergy price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Grenergy Renovables S.A Daily Stochastic Oscillator ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A. The current cci is 32.98.

Grenergy Renovables S.A Daily Commodity Channel Index (CCI) ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A. The current cmo is 9.07796782.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Grenergy Renovables S.A Daily Chande Momentum Oscillator (CMO) ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A. The current willr is -31.03448276.

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 Grenergy is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Grenergy Renovables S.A Daily Williams %R ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A.

Grenergy Renovables S.A 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 Grenergy Renovables S.A. The current atr is 1.22936169.

Grenergy Renovables S.A Daily Average True Range (ATR) ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A. The current obv is 2,291,805.

Grenergy Renovables S.A Daily On-Balance Volume (OBV) ChartGrenergy Renovables S.A 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 Grenergy Renovables S.A. The current mfi is 60.33.

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

  • MFI > 50: +1
Grenergy Renovables S.A Daily Money Flow Index (MFI) ChartGrenergy Renovables S.A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Grenergy Renovables S.A.

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
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07DMI 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.
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.
2024-02-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-04DMI 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-17STOCH 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
2024-04-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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).
2024-04-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-20MACD 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
2024-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-24DMI 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
2024-05-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-29STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-06-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Grenergy Renovables S.A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Grenergy Renovables S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.319
Ma 20Greater thanMa 5029.583
Ma 50Greater thanMa 10028.094
Ma 100Greater thanMa 20027.728
OpenGreater thanClose29.800
Total4/5 (80.0%)
Penke

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