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Grendene S.A
Buy, Hold or Sell?

Let's analyse Grendene together

PenkeI guess you are interested in Grendene 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 Grendene 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 Grendene (30 sec.)










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

How much money do you get?

How much money do you get?
R$0.52
When do you have the money?
1 year
How often do you get paid?
92.5%

What is your share worth?

Current worth
R$4.06
Expected worth in 1 year
R$3.28
How sure are you?
95.0%

+ What do you gain per year?

Total Gains per Share
R$1.80
Return On Investment
28.1%

For what price can you sell your share?

Current Price per Share
R$6.40
Expected price per share
R$6.1475 - R$6.77
How sure are you?
50%

1. Valuation of Grendene (5 min.)




Live pricePrice per Share (EOD)

R$6.40

Intrinsic Value Per Share

R$3.63 - R$32.52

Total Value Per Share

R$7.68 - R$36.58

2. Growth of Grendene (5 min.)




Is Grendene growing?

Current yearPrevious yearGrowGrow %
How rich?$735.5m$848.1m-$149.4m-21.4%

How much money is Grendene making?

Current yearPrevious yearGrowGrow %
Making money$28m$28.5m-$520.3k-1.9%
Net Profit Margin21.9%22.0%--

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

3. Financial Health of Grendene (5 min.)




4. Comparing to competitors in the Footwear & Accessories industry (5 min.)




  Industry Rankings (Footwear & Accessories)  


Richest
#19 / 107

Most Revenue
#46 / 107

Most Profit
#19 / 107

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

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

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

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

Speculation

The Price per Share of Grendene is R$6.4. 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 Grendene.
  • 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 Grendene, 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 R$4.06. Based on the TTM, the Book Value Change Per Share is R$-0.19 per quarter. Based on the YOY, the Book Value Change Per Share is R$0.07 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 R$0.64 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Grendene.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 R$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per Share
Usd Eps0.050.8%0.030.5%0.030.5%0.030.5%0.030.5%
Usd Book Value Change Per Share0.040.6%-0.04-0.6%0.010.2%0.000.0%0.010.1%
Usd Dividend Per Share0.010.2%0.132.0%0.010.1%0.050.8%0.040.6%
Usd Total Gains Per Share0.050.8%0.091.4%0.020.4%0.050.8%0.050.7%
Usd Price Per Share1.42-1.43-1.51-1.63-2.58-
Price to Earnings Ratio6.56-15.11-14.49-17.64-23.92-
Price-to-Total Gains Ratio27.88-37.70-85.72-86.46-79.73-
Price to Book Ratio1.74-1.85-1.62-1.94-3.91-
Price-to-Total Gains Ratio27.88-37.70-85.72-86.46-79.73-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.2864
Number of shares777
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.130.05
Usd Book Value Change Per Share-0.040.00
Usd Total Gains Per Share0.090.05
Gains per Quarter (777 shares)70.1441.52
Gains per Year (777 shares)280.56166.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1402-1222711597156
2804-24355231914322
31207-36583347820488
41609-486111463727654
52011-608139579634820
62413-730167695641986
72815-85119571115481152
83217-97322381274541318
93620-109525191433611484
104022-121628001593681650

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 Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%39.01.00.097.5%80.01.01.097.6%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%12.08.00.060.0%29.011.00.072.5%62.019.01.075.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%37.00.03.092.5%68.00.014.082.9%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%38.02.00.095.0%77.04.01.093.9%

Fundamentals of Grendene

About Grendene S.A

Grendene S.A. engages in development, production, distribution, and sale of footwear for women, men, and children in Brazil and internationally. The company sells its products under the Melissa, Rider, Grendha, Rider, Cartago, Ipanema, Zaxy, Cartago, Pega Forte, Grendene Kids, Nuar, and Zizou brands. It also licenses the use of celebrity personalities and characters in the children's media. The company operates through its own stores, franchised stores, and web commerce channels. It sells its products through commercial representatives and distributors. The company also exports its products. Grendene S.A. was incorporated in 1971 and is headquartered in Sobral, Brazil.

Fundamental data was last updated by Penke on 2024-03-09 16:52:03.

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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 underpriced.

1.1. Profitability of Grendene S.A.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Grendene to the Footwear & Accessories industry mean.
  • A Net Profit Margin of 31.9% means that R$0.32 for each R$1 in revenue is generated as profit.

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

  • The MRQ is 31.9%. The company is making a huge profit. +2
  • The TTM is 21.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ31.9%TTM21.9%+10.1%
TTM21.9%YOY22.0%-0.1%
TTM21.9%5Y17.1%+4.7%
5Y17.1%10Y21.4%-4.3%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ31.9%4.0%+27.9%
TTM21.9%3.7%+18.2%
YOY22.0%3.2%+18.8%
5Y17.1%1.9%+15.2%
10Y21.4%3.6%+17.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Grendene to the Footwear & Accessories industry mean.
  • 6.0% Return on Assets means that Grendene generated R$0.06 profit for each $1 in assets.

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

  • The MRQ is 6.0%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.0%TTM3.4%+2.6%
TTM3.4%YOY3.0%+0.3%
TTM3.4%5Y3.0%+0.4%
5Y3.0%10Y3.8%-0.8%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0%2.1%+3.9%
TTM3.4%2.1%+1.3%
YOY3.0%1.3%+1.7%
5Y3.0%1.2%+1.8%
10Y3.8%1.8%+2.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Grendene to the Footwear & Accessories industry mean.
  • 6.6% Return on Equity means Grendene generated R$0.07 for each R$1 the owners (shareholders) invested.

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

  • The MRQ is 6.6%. 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+/- 
MRQ6.6%TTM4.0%+2.7%
TTM4.0%YOY3.3%+0.6%
TTM4.0%5Y3.4%+0.6%
5Y3.4%10Y4.4%-1.0%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6%4.0%+2.6%
TTM4.0%3.8%+0.2%
YOY3.3%2.8%+0.5%
5Y3.4%2.2%+1.2%
10Y4.4%3.1%+1.3%

1.2. Operating Efficiency of Grendene S.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Grendene is operating .

  • Measures how much profit Grendene makes for each R$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Grendene to the Footwear & Accessories industry mean.
  • An Operating Margin of 20.2% means the company generated R$0.20  for each R$1 in revenue (before taxes).

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

  • The MRQ is 20.2%. The company is operating efficient. +1
  • The TTM is 21.7%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ20.2%TTM21.7%-1.5%
TTM21.7%YOY24.9%-3.2%
TTM21.7%5Y26.4%-4.7%
5Y26.4%10Y17.8%+8.6%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ20.2%7.4%+12.8%
TTM21.7%5.7%+16.0%
YOY24.9%4.9%+20.0%
5Y26.4%4.1%+22.3%
10Y17.8%5.0%+12.8%
1.2.2. Operating Ratio

Measures how efficient Grendene is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Footwear & Accessories industry mean).
  • An Operation Ratio of 0.80 means that the operating costs are R$0.80 for each R$1 in net sales.

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

  • The MRQ is 0.798. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.876. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.798TTM0.876-0.078
TTM0.876YOY0.904-0.029
TTM0.8765Y1.194-0.318
5Y1.19410Y1.028+0.166
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7981.396-0.598
TTM0.8761.421-0.545
YOY0.9041.422-0.518
5Y1.1941.384-0.190
10Y1.0281.176-0.148

1.3. Liquidity of Grendene S.A.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Footwear & Accessories industry mean).
  • A Current Ratio of 7.02 means the company has R$7.02 in assets for each R$1 in short-term debts.

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

  • The MRQ is 7.021. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.998. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.021TTM5.998+1.023
TTM5.998YOY7.575-1.576
TTM5.9985Y7.960-1.961
5Y7.96010Y5.839+2.121
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ7.0211.885+5.136
TTM5.9981.762+4.236
YOY7.5751.866+5.709
5Y7.9601.800+6.160
10Y5.8391.895+3.944
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Grendene to the Footwear & Accessories industry mean.
  • A Quick Ratio of 8.04 means the company can pay off R$8.04 for each R$1 in debt (using most liquid assets).

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

  • The MRQ is 8.035. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.893. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ8.035TTM6.893+1.142
TTM6.893YOY9.299-2.407
TTM6.8935Y9.899-3.006
5Y9.89910Y7.102+2.797
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0350.817+7.218
TTM6.8930.833+6.060
YOY9.2990.881+8.418
5Y9.8990.920+8.979
10Y7.1020.946+6.156

1.4. Solvency of Grendene S.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Grendene to Footwear & Accessories industry mean.
  • A Debt to Asset Ratio of 0.10 means that Grendene assets are financed with 10.2% credit (debt) and the remaining percentage (100% - 10.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.102. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.152. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.102TTM0.152-0.050
TTM0.152YOY0.094+0.058
TTM0.1525Y0.111+0.041
5Y0.11110Y0.118-0.007
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1020.460-0.358
TTM0.1520.462-0.310
YOY0.0940.495-0.401
5Y0.1110.469-0.358
10Y0.1180.445-0.327
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Grendene to the Footwear & Accessories industry mean.
  • A Debt to Equity ratio of 11.4% means that company has R$0.11 debt for each R$1 in shareholders equity.

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

  • The MRQ is 0.114. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.198. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.114TTM0.198-0.084
TTM0.198YOY0.104+0.094
TTM0.1985Y0.130+0.068
5Y0.13010Y0.137-0.007
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1140.874-0.760
TTM0.1980.878-0.680
YOY0.1040.987-0.883
5Y0.1300.955-0.825
10Y0.1370.840-0.703

2. Market Valuation of Grendene S.A

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every R$1 in earnings Grendene generates.

  • Above 15 is considered overpriced but always compare Grendene to the Footwear & Accessories industry mean.
  • A PE ratio of 6.56 means the investor is paying R$6.56 for every R$1 in earnings.

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

  • The EOD is 5.939. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.561. Based on the earnings, the company is cheap. +2
  • The TTM is 15.115. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.939MRQ6.561-0.622
MRQ6.561TTM15.115-8.554
TTM15.115YOY14.493+0.622
TTM15.1155Y17.636-2.521
5Y17.63610Y23.922-6.286
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD5.93910.648-4.709
MRQ6.5619.474-2.913
TTM15.11512.056+3.059
YOY14.49311.043+3.450
5Y17.63612.727+4.909
10Y23.92215.406+8.516
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 9.750. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.771. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 28.200. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.750MRQ10.771-1.021
MRQ10.771TTM28.200-17.428
TTM28.200YOY4.675+23.525
TTM28.2005Y0.392+27.807
5Y0.39210Y12.597-12.204
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD9.7504.003+5.747
MRQ10.7714.096+6.675
TTM28.2003.491+24.709
YOY4.675-0.131+4.806
5Y0.3920.392+0.000
10Y12.5972.736+9.861
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Footwear & Accessories industry mean).
  • A PB ratio of 1.74 means the investor is paying R$1.74 for each R$1 in book value.

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

  • The EOD is 1.578. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.743. Based on the equity, the company is underpriced. +1
  • The TTM is 1.848. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.578MRQ1.743-0.165
MRQ1.743TTM1.848-0.105
TTM1.848YOY1.617+0.232
TTM1.8485Y1.941-0.093
5Y1.94110Y3.910-1.969
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD1.5781.456+0.122
MRQ1.7431.485+0.258
TTM1.8481.428+0.420
YOY1.6171.6170.000
5Y1.9411.645+0.296
10Y3.9102.018+1.892
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Grendene 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--0.196-0.195+199%0.074+163%0.011+1700%0.044+345%
Book Value Per Share--4.0563.853+5%4.676-13%4.211-4%3.626+12%
Current Ratio--7.0215.998+17%7.575-7%7.960-12%5.839+20%
Debt To Asset Ratio--0.1020.152-33%0.094+8%0.111-8%0.118-13%
Debt To Equity Ratio--0.1140.198-42%0.104+9%0.130-13%0.137-17%
Dividend Per Share--0.0580.644-91%0.044+29%0.255-77%0.194-70%
Eps--0.2690.155+74%0.157+71%0.146+85%0.154+75%
Free Cash Flow Per Share--0.1640.172-5%0.101+63%0.117+40%0.228-28%
Free Cash Flow To Equity Per Share--0.137-0.178+230%0.017+719%-0.094+168%0.103+34%
Gross Profit Margin--1.000-0.088+109%-0.184+118%0.321+212%0.660+51%
Intrinsic Value_10Y_max--32.522--------
Intrinsic Value_10Y_min--3.626--------
Intrinsic Value_1Y_max--1.253--------
Intrinsic Value_1Y_min--0.505--------
Intrinsic Value_3Y_max--5.294--------
Intrinsic Value_3Y_min--1.403--------
Intrinsic Value_5Y_max--11.178--------
Intrinsic Value_5Y_min--2.170--------
Market Cap5771046502.400-11%6378252316.0306415597519.585-1%6795535658.138-6%7332273453.861-13%11610704480.650-45%
Net Profit Margin--0.3190.219+46%0.220+45%0.171+87%0.214+49%
Operating Margin--0.2020.217-7%0.249-19%0.264-23%0.178+14%
Operating Ratio--0.7980.876-9%0.904-12%1.194-33%1.028-22%
Pb Ratio1.578-10%1.7431.848-6%1.617+8%1.941-10%3.910-55%
Pe Ratio5.939-10%6.56115.115-57%14.493-55%17.636-63%23.922-73%
Price Per Share6.400-10%7.0707.110-1%7.530-6%8.125-13%12.860-45%
Price To Free Cash Flow Ratio9.750-10%10.77128.200-62%4.675+130%0.392+2645%12.597-14%
Price To Total Gains Ratio25.240-10%27.88237.701-26%85.719-67%86.462-68%79.731-65%
Quick Ratio--8.0356.893+17%9.299-14%9.899-19%7.102+13%
Return On Assets--0.0600.034+77%0.030+97%0.030+98%0.038+56%
Return On Equity--0.0660.040+68%0.033+99%0.034+96%0.044+52%
Total Gains Per Share--0.2540.449-44%0.119+113%0.266-5%0.238+7%
Usd Book Value--735548043.000698766349.500+5%848178141.750-13%763861968.300-4%657934063.800+12%
Usd Book Value Change Per Share--0.039-0.039+199%0.015+163%0.002+1700%0.009+345%
Usd Book Value Per Share--0.8150.774+5%0.940-13%0.846-4%0.729+12%
Usd Dividend Per Share--0.0120.129-91%0.009+29%0.051-77%0.039-70%
Usd Eps--0.0540.031+74%0.032+71%0.029+85%0.031+75%
Usd Free Cash Flow--29755839.00031180175.250-5%18237936.000+63%21295206.300+40%41364287.475-28%
Usd Free Cash Flow Per Share--0.0330.035-5%0.020+63%0.024+40%0.046-28%
Usd Free Cash Flow To Equity Per Share--0.028-0.036+230%0.003+719%-0.019+168%0.021+34%
Usd Market Cap1159980346.982-11%1282028715.5221289535101.437-1%1365902667.286-6%1473786964.226-13%2333751600.611-45%
Usd Price Per Share1.286-10%1.4211.429-1%1.514-6%1.633-13%2.585-45%
Usd Profit--48849432.00028022967.750+74%28543356.750+71%26399973.150+85%27885137.025+75%
Usd Revenue--152916780.000122288751.750+25%126260964.000+21%113129111.400+35%112260303.975+36%
Usd Total Gains Per Share--0.0510.090-44%0.024+113%0.053-5%0.048+7%
 EOD+4 -4MRQTTM+24 -12YOY+22 -145Y+21 -1510Y+27 -9

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.939
Price to Book Ratio (EOD)Between0-11.578
Net Profit Margin (MRQ)Greater than00.319
Operating Margin (MRQ)Greater than00.202
Quick Ratio (MRQ)Greater than18.035
Current Ratio (MRQ)Greater than17.021
Debt to Asset Ratio (MRQ)Less than10.102
Debt to Equity Ratio (MRQ)Less than10.114
Return on Equity (MRQ)Greater than0.150.066
Return on Assets (MRQ)Greater than0.050.060
Total8/10 (80.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.112
Ma 20Greater thanMa 506.402
Ma 50Greater thanMa 1006.507
Ma 100Greater thanMa 2006.644
OpenGreater thanClose6.400
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets4,075,361
Total Liabilities415,918
Total Stockholder Equity3,659,443
 As reported
Total Liabilities 415,918
Total Stockholder Equity+ 3,659,443
Total Assets = 4,075,361

Assets

Total Assets4,075,361
Total Current Assets2,701,852
Long-term Assets1,373,509
Total Current Assets
Cash And Cash Equivalents 73,735
Short-term Investments 809,995
Net Receivables 1,398,145
Inventory 358,942
Other Current Assets 61,035
Total Current Assets  (as reported)2,701,852
Total Current Assets  (calculated)2,701,852
+/-0
Long-term Assets
Property Plant Equipment 526,056
Goodwill 130
Intangible Assets 64,428
Long-term Assets Other 94,581
Long-term Assets  (as reported)1,373,509
Long-term Assets  (calculated)685,195
+/- 688,314

Liabilities & Shareholders' Equity

Total Current Liabilities384,800
Long-term Liabilities31,118
Total Stockholder Equity3,659,443
Total Current Liabilities
Short-term Debt 94,202
Short Long Term Debt 82,413
Accounts payable 49,085
Other Current Liabilities 223,208
Total Current Liabilities  (as reported)384,800
Total Current Liabilities  (calculated)448,908
+/- 64,108
Long-term Liabilities
Capital Lease Obligations 23,997
Long-term Liabilities Other 4,081
Long-term Liabilities  (as reported)31,118
Long-term Liabilities  (calculated)28,078
+/- 3,040
Total Stockholder Equity
Common Stock1,231,302
Accumulated Other Comprehensive Income 2,428,161
Other Stockholders Equity -20
Total Stockholder Equity (as reported)3,659,443
Total Stockholder Equity (calculated)3,659,443
+/-0
Other
Capital Stock1,231,302
Cash and Short Term Investments 883,730
Common Stock Shares Outstanding 902,157
Current Deferred Revenue18,305
Liabilities and Stockholders Equity 4,075,361
Net Debt 42,692
Net Invested Capital 3,751,873
Net Working Capital 2,317,052
Property Plant and Equipment Gross 1,309,177
Short Long Term Debt Total 116,427



Balance Sheet

Currency in BRL. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-03-312002-12-312001-12-312000-12-31
> Total Assets 
441,397
495,878
726,663
0
922,398
924,492
940,999
997,499
1,050,068
1,072,778
1,018,529
1,134,065
1,159,440
1,189,831
1,192,986
1,367,500
1,417,403
1,439,665
1,423,465
1,472,496
1,460,458
1,472,020
1,438,692
1,592,470
1,628,300
1,717,700
1,738,917
1,772,140
1,764,469
1,774,323
1,688,801
1,819,636
1,999,297
2,016,457
1,952,728
2,073,971
2,045,624
2,129,752
2,012,724
2,107,202
2,291,452
2,288,266
2,196,605
2,353,443
2,369,342
2,510,933
2,346,526
2,540,854
2,682,013
2,803,928
2,752,975
2,917,254
3,045,642
3,215,275
2,977,441
3,080,260
3,253,820
3,483,534
3,264,229
3,383,086
3,576,008
3,789,822
3,553,161
3,617,780
3,860,756
3,985,796
3,723,606
3,876,895
4,064,447
4,205,691
3,901,072
4,026,276
4,675,706
4,789,537
4,224,179
4,441,879
4,554,495
4,604,019
4,488,492
4,722,099
4,821,920
4,976,010
3,707,916
3,865,075
4,075,361
4,075,3613,865,0753,707,9164,976,0104,821,9204,722,0994,488,4924,604,0194,554,4954,441,8794,224,1794,789,5374,675,7064,026,2763,901,0724,205,6914,064,4473,876,8953,723,6063,985,7963,860,7563,617,7803,553,1613,789,8223,576,0083,383,0863,264,2293,483,5343,253,8203,080,2602,977,4413,215,2753,045,6422,917,2542,752,9752,803,9282,682,0132,540,8542,346,5262,510,9332,369,3422,353,4432,196,6052,288,2662,291,4522,107,2022,012,7242,129,7522,045,6242,073,9711,952,7282,016,4571,999,2971,819,6361,688,8011,774,3231,764,4691,772,1401,738,9171,717,7001,628,3001,592,4701,438,6921,472,0201,460,4581,472,4961,423,4651,439,6651,417,4031,367,5001,192,9861,189,8311,159,4401,134,0651,018,5291,072,7781,050,068997,499940,999924,492922,3980726,663495,878441,397
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,492,979
2,701,053
2,517,151
2,711,738
2,846,838
2,873,168
2,668,831
2,735,855
2,930,313
3,052,199
3,018,282
2,906,664
2,654,724
2,622,585
2,186,558
2,654,993
3,202,874
3,312,203
2,757,323
3,149,848
3,058,563
2,853,585
2,689,484
2,942,570
2,968,359
3,434,729
2,263,737
2,483,294
2,701,852
2,701,8522,483,2942,263,7373,434,7292,968,3592,942,5702,689,4842,853,5853,058,5633,149,8482,757,3233,312,2033,202,8742,654,9932,186,5582,622,5852,654,7242,906,6643,018,2823,052,1992,930,3132,735,8552,668,8312,873,1682,846,8382,711,7382,517,1512,701,0532,492,97900000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,663
18,151
21,131
214,480
30,119
22,603
20,702
19,851
16,562
14,418
17,897
14,770
18,072
20,525
19,822
20,796
19,162
18,355
22,669
19,605
22,146
32,660
21,836
25,287
127,409
16,382
54,326
27,480
73,735
73,73527,48054,32616,382127,40925,28721,83632,66022,14619,60522,66918,35519,16220,79619,82220,52518,07214,77017,89714,41816,56219,85120,70222,60330,119214,48021,13118,15120,66300000000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
804,411
919,280
927,462
739,183
1,537,477
1,631,236
1,502,586
1,471,206
1,548,914
1,900,588
1,907,617
1,703,032
1,314,338
1,366,805
1,253,090
1,422,994
1,483,706
1,676,902
1,419,874
1,558,468
1,299,827
1,301,416
1,160,663
1,146,340
1,053,487
1,826,804
698,011
764,359
809,995
809,995764,359698,0111,826,8041,053,4871,146,3401,160,6631,301,4161,299,8271,558,4681,419,8741,676,9021,483,7061,422,9941,253,0901,366,8051,314,3381,703,0321,907,6171,900,5881,548,9141,471,2061,502,5861,631,2361,537,477739,183927,462919,280804,41100000000000000000000000000000000000000000000000000000000
       Net Receivables 
127,722
174,444
249,728
0
349,359
334,820
280,183
381,686
394,426
270,611
225,624
335,429
348,522
273,381
253,250
372,636
459,500
326,221
250,915
393,888
454,781
355,749
292,860
451,908
501,167
454,626
398,118
492,342
612,131
544,571
445,479
546,613
609,601
517,863
382,477
552,005
754,542
617,544
590,669
793,211
978,625
807,652
677,947
908,723
1,055,103
849,827
726,443
827,176
1,028,944
857,859
620,376
858,743
1,024,347
781,650
656,459
733,237
919,923
812,514
693,982
857,276
996,087
915,027
785,739
887,032
1,068,847
714,595
591,455
780,188
1,037,489
808,143
448,125
822,358
1,224,911
982,642
820,805
1,055,227
1,228,559
1,007,237
957,606
1,232,355
1,335,184
1,145,985
1,053,241
1,227,825
1,398,145
1,398,1451,227,8251,053,2411,145,9851,335,1841,232,355957,6061,007,2371,228,5591,055,227820,805982,6421,224,911822,358448,125808,1431,037,489780,188591,455714,5951,068,847887,032785,739915,027996,087857,276693,982812,514919,923733,237656,459781,6501,024,347858,743620,376857,8591,028,944827,176726,443849,8271,055,103908,723677,947807,652978,625793,211590,669617,544754,542552,005382,477517,863609,601546,613445,479544,571612,131492,342398,118454,626501,167451,908292,860355,749454,781393,888250,915326,221459,500372,636253,250273,381348,522335,429225,624270,611394,426381,686280,183334,820349,3590249,728174,444127,722
       Other Current Assets 
8,002
4,296
866
0
1,323
9,118
10,720
13,329
14,448
36,226
38,343
14,623
10,503
7,694
9,096
12,009
12,930
10,129
9,864
13,589
13,072
10,047
15,293
19,109
17,760
1,598
4,386
1,061
767
3,263
7,383
4,301
1,317
3,716
6,522
13,329
1,581
55,872
2,181
1,290
1,168
64,573
7,914
2,808
1,210
13,294
14,142
12,887
2,768
63,724
68,397
78,820
4,695
62,625
54,060
38,553
3,677
41,043
35,883
26,023
4,047
20,508
17,948
22,424
7,870
23,092
34,352
36,446
10,133
42,471
55,502
48,664
37,750
31,761
837,929
1,075,515
1,246,265
1,025,746
976,016
37,405
1,381,798
42,807
30,244
51,972
61,035
61,03551,97230,24442,8071,381,79837,405976,0161,025,7461,246,2651,075,515837,92931,76137,75048,66455,50242,47110,13336,44634,35223,0927,87022,42417,94820,5084,04726,02335,88341,0433,67738,55354,06062,6254,69578,82068,39763,7242,76812,88714,14213,2941,2102,8087,91464,5731,1681,2902,18155,8721,58113,3296,5223,7161,3174,3017,3833,2637671,0614,3861,59817,76019,10915,29310,04713,07213,5899,86410,12912,93012,0099,0967,69410,50314,62338,34336,22614,44813,32910,7209,1181,32308664,2968,002
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
933,597
705,324
970,231
1,409,723
1,583,106
1,714,514
1,371,283
1,472,832
1,477,334
1,466,856
1,292,031
1,495,932
1,750,434
1,799,008
1,779,529
1,853,561
1,541,281
1,444,179
1,381,781
1,373,509
1,373,5091,381,7811,444,1791,541,2811,853,5611,779,5291,799,0081,750,4341,495,9321,292,0311,466,8561,477,3341,472,8321,371,2831,714,5141,583,1061,409,723970,231705,324933,59700000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
121,427
137,477
136,218
0
172,728
170,108
165,073
164,719
167,875
174,904
183,287
183,767
180,330
175,437
171,731
167,768
156,836
154,310
154,293
155,722
153,756
150,924
147,208
148,773
151,562
172,165
173,856
176,273
179,638
180,346
179,968
181,292
181,828
179,649
179,395
186,203
191,706
190,754
196,431
201,318
216,113
219,687
247,967
282,507
315,087
332,849
344,272
360,829
368,179
379,678
387,791
402,396
384,338
376,855
383,006
383,943
387,071
393,239
408,385
412,179
422,361
424,581
425,628
425,201
423,746
420,709
416,049
410,756
484,823
498,424
494,046
490,369
491,638
499,556
463,907
486,370
499,231
496,791
493,207
510,150
528,734
531,474
529,361
525,996
526,056
526,056525,996529,361531,474528,734510,150493,207496,791499,231486,370463,907499,556491,638490,369494,046498,424484,823410,756416,049420,709423,746425,201425,628424,581422,361412,179408,385393,239387,071383,943383,006376,855384,338402,396387,791379,678368,179360,829344,272332,849315,087282,507247,967219,687216,113201,318196,431190,754191,706186,203179,395179,649181,828181,292179,968180,346179,638176,273173,856172,165151,562148,773147,208150,924153,756155,722154,293154,310156,836167,768171,731175,437180,330183,767183,287174,904167,875164,719165,073170,108172,7280136,218137,477121,427
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
415
374
335
295
255
215
175
135
95
55
15
0
0
0
1,484
1,409
1,334
1,259
1,185
1,109
1,034
3,009
2,830
2,676
2,522
3,600
6,447
7,197
11,055
11,786
11,607
12,203
12,024
11,846
11,667
595
491
388
284
180
76
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
167
178
168
159
149
140
130
130140149159168178167000000000000000000007618028438849159511,66711,84612,02412,20311,60711,78611,0557,1976,4473,6002,5222,6762,8303,0091,0341,1091,1851,2591,3341,4091,48400015559513517521525529533537441500000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
281,057
287,278
292,069
209,443
213,461
400,569
409,388
405,512
411,894
419,173
229,998
448,247
796,459
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000796,459448,247229,998419,173411,894405,512409,388400,569213,461209,443292,069287,278281,05700000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
894
0
894
0
0
0
894
0
0
0
894
0
894
894
8,097
7,318
7,102
7,007
7,912
7,844
8,498
9,842
10,510
10,532
10,911
11,878
12,409
13,429
12,730
13,967
13,385
13,209
12,857
12,756
13,139
12,711
16,929
16,948
19,078
19,043
23,787
31,686
34,847
44,047
47,041
48,683
51,627
51,446
51,376
52,154
32,252
31,973
31,123
29,565
30,442
29,753
28,982
30,790
29,281
29,953
31,140
30,949
30,863
31,353
31,141
31,684
32,339
33,540
34,712
34,638
36,673
39,602
38,968
41,092
43,921
55,060
56,126
56,952
60,239
61,851
62,853
64,606
64,428
64,42864,60662,85361,85160,23956,95256,12655,06043,92141,09238,96839,60236,67334,63834,71233,54032,33931,68431,14131,35330,86330,94931,14029,95329,28130,79028,98229,75330,44229,56531,12331,97332,25252,15451,37651,44651,62748,68347,04144,04734,84731,68623,78719,04319,07816,94816,92912,71113,13912,75612,85713,20913,38513,96712,73013,42912,40911,87810,91110,53210,5109,8428,4987,8447,9127,0077,1027,3188,0978948940894000894000894089400
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
933,597
705,324
970,231
1,409,723
10,976
0
0
0
0
1,788,924
1,973,443
1,681,506
1,677,040
1,523,754
1,457,826
1,319,667
2,053,647
867,046
889,091
94,581
94,581889,091867,0462,053,6471,319,6671,457,8261,523,7541,677,0401,681,5061,973,4431,788,924000010,9761,409,723970,231705,324933,59700000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
114,218
153,767
284,658
0
229,672
221,083
219,977
258,445
312,782
298,240
235,004
280,381
308,105
297,068
258,432
395,219
438,173
413,051
365,646
362,964
342,251
313,670
284,334
438,848
368,560
330,982
371,369
371,965
299,900
294,252
194,015
231,525
323,631
282,895
277,564
333,858
244,672
335,205
211,539
229,848
337,890
362,751
262,880
339,583
301,382
458,379
262,689
360,778
354,079
420,971
354,946
422,433
428,882
565,534
311,663
307,531
331,750
519,177
299,251
326,619
358,399
557,662
354,928
337,926
395,714
559,934
292,790
292,008
382,011
604,511
342,295
355,598
445,538
831,696
320,935
360,897
460,165
479,405
367,441
452,729
457,788
1,587,072
334,007
381,567
415,918
415,918381,567334,0071,587,072457,788452,729367,441479,405460,165360,897320,935831,696445,538355,598342,295604,511382,011292,008292,790559,934395,714337,926354,928557,662358,399326,619299,251519,177331,750307,531311,663565,534428,882422,433354,946420,971354,079360,778262,689458,379301,382339,583262,880362,751337,890229,848211,539335,205244,672333,858277,564282,895323,631231,525194,015294,252299,900371,965371,369330,982368,560438,848284,334313,670342,251362,964365,646413,051438,173395,219258,432297,068308,105280,381235,004298,240312,782258,445219,977221,083229,6720284,658153,767114,218
   > Total Current Liabilities 
72,532
72,786
231,560
0
112,225
101,539
96,618
130,200
183,783
167,813
103,965
139,392
157,255
144,239
105,259
179,571
268,328
251,042
212,636
232,655
216,636
192,153
129,612
184,744
257,369
246,375
293,155
322,813
257,768
259,221
167,933
206,045
302,816
262,409
257,188
313,978
229,549
320,532
197,373
216,048
323,063
348,063
246,764
323,721
285,066
412,261
216,393
307,395
282,003
348,852
274,551
344,383
354,500
491,719
241,952
249,401
275,383
464,541
247,112
277,266
322,074
523,666
321,074
307,012
366,909
533,296
268,462
269,763
297,942
510,125
251,683
272,459
351,029
739,293
237,597
275,158
381,290
407,449
310,209
400,372
407,981
1,543,086
295,520
350,474
384,800
384,800350,474295,5201,543,086407,981400,372310,209407,449381,290275,158237,597739,293351,029272,459251,683510,125297,942269,763268,462533,296366,909307,012321,074523,666322,074277,266247,112464,541275,383249,401241,952491,719354,500344,383274,551348,852282,003307,395216,393412,261285,066323,721246,764348,063323,063216,048197,373320,532229,549313,978257,188262,409302,816206,045167,933259,221257,768322,813293,155246,375257,369184,744129,612192,153216,636232,655212,636251,042268,328179,571105,259144,239157,255139,392103,965167,813183,783130,20096,618101,539112,2250231,56072,78672,532
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
125,372
193,287
120,470
12,776
10,834
10,832
10,826
10,825
10,727
212,981
100,249
56,100
77,110
0
0
0
0
0
19,417
24,030
136,531
120,105
68,955
103,758
112,820
189,215
59,822
68,467
94,202
94,20268,46759,822189,215112,820103,75868,955120,105136,53124,03019,4170000077,11056,100100,249212,98110,72710,82510,82610,83210,83412,776120,470193,287125,37200000000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
125,372
193,287
120,470
12,776
10,834
10,832
10,826
10,825
10,727
212,981
100,249
56,100
77,110
213,482
105,548
5,601
577
4,716
4,849
5,032
117,479
102,932
54,278
88,942
98,815
175,694
47,078
56,244
82,413
82,41356,24447,078175,69498,81588,94254,278102,932117,4795,0324,8494,7165775,601105,548213,48277,11056,100100,249212,98110,72710,82510,82610,83210,83412,776120,470193,287125,37200000000000000000000000000000000000000000000000000000000
       Accounts payable 
14,069
18,405
25,551
0
25,525
19,474
17,665
17,761
28,832
50,214
44,582
25,151
20,568
20,102
21,391
33,593
29,120
16,679
18,260
32,797
26,721
15,600
19,172
24,598
17,973
20,574
36,284
52,414
58,082
40,900
34,168
57,087
51,074
18,200
20,727
26,627
32,282
33,775
31,709
49,862
56,806
42,316
39,408
48,647
39,792
45,605
40,392
47,485
36,287
44,132
34,122
43,723
44,903
34,967
33,408
32,665
41,369
29,799
34,569
40,183
36,705
31,189
35,580
49,051
42,095
34,203
31,264
36,847
27,845
20,185
19,291
53,096
81,441
103,661
68,905
57,826
55,954
53,028
66,730
69,528
74,704
57,826
53,238
59,574
49,085
49,08559,57453,23857,82674,70469,52866,73053,02855,95457,82668,905103,66181,44153,09619,29120,18527,84536,84731,26434,20342,09549,05135,58031,18936,70540,18334,56929,79941,36932,66533,40834,96744,90343,72334,12244,13236,28747,48540,39245,60539,79248,64739,40842,31656,80649,86231,70933,77532,28226,62720,72718,20051,07457,08734,16840,90058,08252,41436,28420,57417,97324,59819,17215,60026,72132,79718,26016,67929,12033,59321,39120,10220,56825,15144,58250,21428,83217,76117,66519,47425,525025,55118,40514,069
       Other Current Liabilities 
26,329
33,459
48,141
0
71,932
67,423
63,641
97,058
135,219
95,924
36,138
82,964
109,464
97,851
56,798
87,606
130,301
117,888
87,254
96,461
133,342
125,007
78,611
109,040
126,616
96,752
88,255
116,462
102,308
142,280
101,379
123,937
88,275
91,998
87,902
124,092
99,716
188,370
108,980
150,855
142,674
246,763
127,922
163,593
143,365
243,059
125,312
169,726
146,149
239,932
134,001
172,719
167,945
261,765
143,288
163,888
163,280
293,585
141,632
177,516
195,703
320,608
45,163
38,230
46,646
13,653
13,003
21,393
46,847
150,771
34,201
56,388
86,395
475,027
149,275
170,622
163,019
234,316
174,524
227,086
194,100
1,279,544
24,368
28,841
223,208
223,20828,84124,3681,279,544194,100227,086174,524234,316163,019170,622149,275475,02786,39556,38834,201150,77146,84721,39313,00313,65346,64638,23045,163320,608195,703177,516141,632293,585163,280163,888143,288261,765167,945172,719134,001239,932146,149169,726125,312243,059143,365163,593127,922246,763142,674150,855108,980188,37099,716124,09287,90291,99888,275123,937101,379142,280102,308116,46288,25596,752126,616109,04078,611125,007133,34296,46187,254117,888130,30187,60656,79897,851109,46482,96436,13895,924135,21997,05863,64167,42371,932048,14133,45926,329
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,638
24,328
22,245
84,069
94,386
90,612
83,139
94,509
92,403
83,338
85,739
78,875
71,956
57,232
52,357
49,807
43,986
38,487
31,093
31,118
31,11831,09338,48743,98649,80752,35757,23271,95678,87585,73983,33892,40394,50983,13990,61294,38684,06922,24524,32826,63800000000000000000000000000000000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,089
82,287
92,432
88,613
81,305
79,834
77,513
55,123
68,238
66,134
58,737
44,559
42,507
37,726
33,789
29,539
24,221
0
024,22129,53933,78937,72642,50744,55958,73766,13468,23855,12377,51379,83481,30588,61392,43282,28720,0890000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
269
88
29
0
0
0
0
0
0
0
0
0
0
0
0
44,600
88,959
0
700
2,806
1,000
1,300
2,714
1,300
1,300
2,000
2,000
2,793
2,000
2,000
1,287
1,671
278
447
921
347
455
489
353
285
178
286
1,927
2,930
2,956
3,209
3,209
1,521
1,899
1,729
2,506
2,580
2,324
2,364
2,341
3,086
2,350
2,191
2,220
2,145
2,156
1,782
1,954
1,999
1,834
14,675
14,890
28,215
17,501
12,741
13,219
12,673
9,850
12,081
0
8,948
0
0
008,948012,0819,85012,67313,21912,74117,50128,21514,89014,6751,8341,9991,9541,7822,1562,1452,2202,1912,3503,0862,3412,3642,3242,5802,5061,7291,8991,5213,2093,2092,9562,9301,9272861782853534894553479214472781,6711,2872,0002,0002,7932,0002,0001,3001,3002,7141,3001,0002,806700088,95944,60000000000000029882690000000
> Total Stockholder Equity
324,004
338,340
437,023
442,005
692,726
703,409
721,022
739,054
737,286
774,538
783,564
853,592
851,170
892,626
934,437
972,117
979,029
1,026,462
1,057,701
1,109,328
1,117,928
1,158,114
1,154,160
1,153,327
1,259,355
1,386,480
1,367,414
1,400,096
1,464,396
1,479,768
1,494,511
1,587,815
1,675,292
1,733,254
1,674,957
1,739,715
1,800,563
1,794,099
1,800,570
1,876,826
1,952,332
1,924,456
1,930,509
2,008,771
2,060,734
2,041,082
2,071,172
2,167,904
2,315,374
2,371,864
2,390,303
2,491,833
2,616,489
2,652,416
2,665,988
2,772,930
2,921,998
2,964,309
2,964,978
3,056,467
3,217,609
3,232,160
3,198,233
3,279,854
3,465,042
3,425,862
3,430,816
3,584,887
3,682,436
3,601,180
3,558,777
3,670,678
4,230,168
3,957,841
3,903,244
4,080,982
4,094,330
4,124,614
4,121,051
4,269,370
4,364,132
3,388,938
3,373,909
3,483,508
3,659,443
3,659,4433,483,5083,373,9093,388,9384,364,1324,269,3704,121,0514,124,6144,094,3304,080,9823,903,2443,957,8414,230,1683,670,6783,558,7773,601,1803,682,4363,584,8873,430,8163,425,8623,465,0423,279,8543,198,2333,232,1603,217,6093,056,4672,964,9782,964,3092,921,9982,772,9302,665,9882,652,4162,616,4892,491,8332,390,3032,371,8642,315,3742,167,9042,071,1722,041,0822,060,7342,008,7711,930,5091,924,4561,952,3321,876,8261,800,5701,794,0991,800,5631,739,7151,674,9571,733,2541,675,2921,587,8151,494,5111,479,7681,464,3961,400,0961,367,4141,386,4801,259,3551,153,3271,154,1601,158,1141,117,9281,109,3281,057,7011,026,462979,029972,117934,437892,626851,170853,592783,564774,538737,286739,054721,022703,409692,726442,005437,023338,340324,004
   Common Stock
131,600
0
0
0
0
137,477
137,477
620,580
0
620,580
733,783
733,783
0
733,783
843,447
843,447
843,447
843,447
964,584
964,584
964,584
964,584
1,097,199
1,097,199
1,097,199
1,097,199
1,226,760
1,226,760
1,226,760
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,302
1,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,231,3021,226,7601,226,7601,226,7601,097,1991,097,1991,097,1991,097,199964,584964,584964,584964,584843,447843,447843,447843,447733,7830733,783733,783620,5800620,580137,477137,4770000131,600
   Retained Earnings 
189,091
203,597
302,444
0
488,727
474,087
476,265
42,644
3,503
0
0
44,585
7,723
26,674
49,777
53,158
14,445
35,039
47,050
60,370
20,729
39,587
56,961
56,128
161,417
283,899
142,037
177,460
241,492
254,667
270,193
362,973
449,557
510,199
450,822
507,636
568,743
562,609
563,306
640,027
721,451
697,324
699,487
780,218
839,294
823,294
853,753
949,750
1,091,616
1,132,143
1,151,545
1,241,117
1,366,468
1,409,285
1,425,605
1,530,990
1,682,354
1,719,422
1,716,799
1,808,023
1,965,609
1,983,369
1,958,740
2,037,450
2,222,040
36,766
15,381
2,354,541
2,428,454
2,371,032
2,328,629
2,444,320
3,003,811
2,726,539
2,641,168
2,815,522
2,828,869
2,886,603
2,871,466
3,017,673
3,115,812
2,141,514
2,130,641
2,252,226
0
02,252,2262,130,6412,141,5143,115,8123,017,6732,871,4662,886,6032,828,8692,815,5222,641,1682,726,5393,003,8112,444,3202,328,6292,371,0322,428,4542,354,54115,38136,7662,222,0402,037,4501,958,7401,983,3691,965,6091,808,0231,716,7991,719,4221,682,3541,530,9901,425,6051,409,2851,366,4681,241,1171,151,5451,132,1431,091,616949,750853,753823,294839,294780,218699,487697,324721,451640,027563,306562,609568,743507,636450,822510,199449,557362,973270,193254,667241,492177,460142,037283,899161,41756,12856,96139,58720,72960,37047,05035,03914,44553,15849,77726,6747,72344,585003,50342,644476,265474,087488,7270302,444203,597189,091
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000-1,832000-4,945-4,944-1,154-1,154-3,928-956000-15,564-15,5640-134-134-134-134-1,169000-1,052-1,052-1,052-1,052-10,841-10,841-7,395-7,395-10,470-2,4370000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,511
13,719
17,011
17,276
20,832
17,489
23,755
26,666
27,265
22,661
22,682
26,142
26,608
30,644
32,596
37,462
35,073
36,587
2,671,942
2,849,680
2,863,028
2,893,312
2,889,749
3,038,068
-3,119,270
-2,141,534
-2,130,661
-20
-20
-20-20-2,130,661-2,141,534-3,119,2703,038,0682,889,7492,893,3122,863,0282,849,6802,671,94236,58735,07337,46232,59630,64426,60826,14222,68222,66127,26526,66623,75517,48920,83217,27617,01113,7199,51100000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in BRL. All numbers in thousands.




Cash Flow

Currency in BRL. All numbers in thousands.




Income Statement

Currency in BRL. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue2,433,607
Cost of Revenue-1,377,986
Gross Profit1,055,6211,055,621
 
Operating Income (+$)
Gross Profit1,055,621
Operating Expense-680,917
Operating Income374,704374,704
 
Operating Expense (+$)
Research Development0
Selling General Administrative512,860
Selling And Marketing Expenses0
Operating Expense680,917512,860
 
Net Interest Income (+$)
Interest Income36,184
Interest Expense-22,627
Other Finance Cost-109,388
Net Interest Income122,945
 
Pretax Income (+$)
Operating Income374,704
Net Interest Income122,945
Other Non-Operating Income Expenses0
Income Before Tax (EBT)654,94094,468
EBIT - interestExpense = 352,077
591,969
580,298
Interest Expense22,627
Earnings Before Interest and Taxes (EBIT)374,704677,567
Earnings Before Interest and Taxes (EBITDA)470,500
 
After tax Income (+$)
Income Before Tax654,940
Tax Provision-19,980
Net Income From Continuing Ops517,246634,960
Net Income557,671
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,058,903
Total Other Income/Expenses Net280,236-122,945
 

Technical Analysis of Grendene
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 Grendene. The general trend of Grendene is BEARISH 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 Grendene'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 Grendene S.A.

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

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

The bullish price targets are: 6.56 < 6.68 < 6.77.

The bearish price targets are: 6.26 > 6.1627702364395 > 6.1475.

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Grendene 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 Grendene S.A. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

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

Directionalities and relatives.

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

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

Grendene 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 Grendene S.A. The current macd is -0.03341921.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Grendene price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Grendene. 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 Grendene 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Grendene S.A Daily Moving Average Convergence/Divergence (MACD) ChartGrendene 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 Grendene S.A. The current adx is 8.03616725.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Grendene shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Grendene 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 Grendene S.A. The current sar is 6.58687271.

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
Grendene 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 Grendene S.A. The current rsi is 48.11. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Grendene S.A Daily Relative Strength Index (RSI) ChartGrendene 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 Grendene S.A. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Grendene price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Grendene S.A Daily Stochastic Oscillator ChartGrendene 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 Grendene S.A. The current cci is 0.

Grendene S.A Daily Commodity Channel Index (CCI) ChartGrendene 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 Grendene S.A. The current cmo is -1.14240639.

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
Grendene S.A Daily Chande Momentum Oscillator (CMO) ChartGrendene 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 Grendene S.A. The current willr is -53.33333333.

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

Grendene 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 Grendene S.A. The current atr is 0.14016819.

Grendene S.A Daily Average True Range (ATR) ChartGrendene 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 Grendene S.A. The current obv is -12,229,300.

Grendene S.A Daily On-Balance Volume (OBV) ChartGrendene 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 Grendene S.A. The current mfi is 29.87.

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
Grendene S.A Daily Money Flow Index (MFI) ChartGrendene S.A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Grendene 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
2023-11-03DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06STOCH 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-28DMI 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.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06SAR 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
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31DMI 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.
2024-02-01DMI 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
2024-02-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-09RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-04MACD 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-08DMI 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
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19DMI 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
2024-03-20DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27DMI 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.

6.3. Candlestick Patterns

Grendene S.A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.112
Ma 20Greater thanMa 506.402
Ma 50Greater thanMa 1006.507
Ma 100Greater thanMa 2006.644
OpenGreater thanClose6.400
Total0/5 (0.0%)
Penke

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