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Greenwing Resources Ltd
Buy, Hold or Sell?

Let's analyse Greenwing Resources Ltd together

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

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

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

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Quick analysis of Greenwing Resources Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
30.0%

What is your share worth?

Current worth
A$0.07
Expected worth in 1 year
A$0.14
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.07
Return On Investment
105.9%

For what price can you sell your share?

Current Price per Share
A$0.07
Expected price per share
A$0.066 - A$0.075
How sure are you?
50%

1. Valuation of Greenwing Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.07

Intrinsic Value Per Share

A$-0.22 - A$-0.03

Total Value Per Share

A$-0.15 - A$0.04

2. Growth of Greenwing Resources Ltd (5 min.)




Is Greenwing Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$8.2m$6.1m$2.1m25.8%

How much money is Greenwing Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.9m-$2.6m-$206.2k-7.1%
Net Profit Margin-7,890.9%-317,840.8%--

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

3. Financial Health of Greenwing Resources Ltd (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#497 / 887

Most Revenue
#329 / 887

Most Profit
#644 / 887

Most Efficient
#791 / 887

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

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

What can you expect buying and holding a share of Greenwing Resources Ltd?

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

Speculation

The Price per Share of Greenwing Resources Ltd is A$0.069. 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 Greenwing Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.07. Based on the TTM, the Book Value Change Per Share is A$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.03 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Greenwing Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.02-23.2%-0.02-23.2%-0.01-21.5%-0.02-36.1%-0.02-26.4%
Usd Book Value Change Per Share0.0117.0%0.0117.0%0.0227.6%0.00-4.0%0.003.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.004.8%0.002.4%
Usd Total Gains Per Share0.0117.0%0.0117.0%0.0227.6%0.000.8%0.006.1%
Usd Price Per Share0.18-0.18-0.28-0.09-0.05-
Price to Earnings Ratio-11.04--11.04--18.58--6.01--3.05-
Price-to-Total Gains Ratio15.06-15.06-14.47-5.84-2.91-
Price to Book Ratio3.88-3.88-8.18-2.55-1.40-
Price-to-Total Gains Ratio15.06-15.06-14.47-5.84-2.91-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0443049
Number of shares22570
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (22570 shares)264.6912.33
Gains per Year (22570 shares)1,058.7649.31
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1010591049300-25039
2021182108599-50188
3031763167899-751137
40423542261199-1002186
50529452851498-1252235
60635363441798-1502284
70741174032098-1753333
80847084622397-2003382
90952995212697-2253431
10010588105802997-2504480

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%1.09.00.010.0%3.016.00.015.8%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%6.04.00.060.0%12.07.00.063.2%
Dividend per Share0.00.01.00.0%2.00.01.066.7%3.00.02.060.0%3.00.07.030.0%3.00.016.015.8%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%6.04.00.060.0%12.07.00.063.2%

Fundamentals of Greenwing Resources Ltd

About Greenwing Resources Ltd

Greenwing Resources Ltd engages in the production and sale of mineral concentrates. The company primarily explores for lithium and graphite. It holds 100% interests in the Graphmada Large Flake Graphite mine located in eastern Madagascar; the San Jorge lithium brine project that includes 15 granted exploration licenses covering an area of approximately 36,600 hectares located in Catamarca, Argentina; and the Millie Reward lithium project located in central Madagascar. The company was formerly known as Bass Metals Limited and changed its name to Greenwing Resources Ltd in July 2021. Greenwing Resources Ltd was incorporated in 2004 and is headquartered in Brisbane, Australia.

Fundamental data was last updated by Penke on 2024-04-20 19:01:02.

Financial Health

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

Valuation

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

1.1. Profitability of Greenwing Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Greenwing Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Greenwing Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -7,890.9% means that $-78.91 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Greenwing Resources Ltd:

  • The MRQ is -7,890.9%. The company is making a huge loss. -2
  • The TTM is -7,890.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-7,890.9%TTM-7,890.9%0.0%
TTM-7,890.9%YOY-317,840.8%+309,949.9%
TTM-7,890.9%5Y-71,984.8%+64,094.0%
5Y-71,984.8%10Y-38,239.4%-33,745.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-7,890.9%-76.6%-7,814.3%
TTM-7,890.9%-96.6%-7,794.3%
YOY-317,840.8%-67.8%-317,773.0%
5Y-71,984.8%-458.4%-71,526.4%
10Y-38,239.4%-934.5%-37,304.9%
1.1.2. Return on Assets

Shows how efficient Greenwing Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Greenwing Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -17.9% Return on Assets means that Greenwing Resources Ltd generated $-0.18 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Greenwing Resources Ltd:

  • The MRQ is -17.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -17.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.9%TTM-17.9%0.0%
TTM-17.9%YOY-27.6%+9.7%
TTM-17.9%5Y-54.2%+36.3%
5Y-54.2%10Y-43.6%-10.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.9%-8.8%-9.1%
TTM-17.9%-8.8%-9.1%
YOY-27.6%-8.0%-19.6%
5Y-54.2%-13.1%-41.1%
10Y-43.6%-18.4%-25.2%
1.1.3. Return on Equity

Shows how efficient Greenwing Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Greenwing Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -35.2% Return on Equity means Greenwing Resources Ltd generated $-0.35 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Greenwing Resources Ltd:

  • The MRQ is -35.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -35.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-35.2%TTM-35.2%0.0%
TTM-35.2%YOY-44.0%+8.9%
TTM-35.2%5Y-158.3%+123.1%
5Y-158.3%10Y-100.2%-58.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-35.2%-9.4%-25.8%
TTM-35.2%-9.4%-25.8%
YOY-44.0%-8.8%-35.2%
5Y-158.3%-13.9%-144.4%
10Y-100.2%-19.4%-80.8%

1.2. Operating Efficiency of Greenwing Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Greenwing Resources Ltd is operating .

  • Measures how much profit Greenwing Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Greenwing Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -5,527.5% means the company generated $-55.28  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Greenwing Resources Ltd:

  • The MRQ is -5,527.5%. The company is operating very inefficient. -2
  • The TTM is -5,527.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-5,527.5%TTM-5,527.5%0.0%
TTM-5,527.5%YOY-195,287.0%+189,759.5%
TTM-5,527.5%5Y-45,667.6%+40,140.1%
5Y-45,667.6%10Y-24,901.4%-20,766.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-5,527.5%-447.2%-5,080.3%
TTM-5,527.5%-170.8%-5,356.7%
YOY-195,287.0%-127.2%-195,159.8%
5Y-45,667.6%-563.6%-45,104.0%
10Y-24,901.4%-949.7%-23,951.7%
1.2.2. Operating Ratio

Measures how efficient Greenwing Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 55.28 means that the operating costs are $55.28 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Greenwing Resources Ltd:

  • The MRQ is 55.275. The company is inefficient in keeping operating costs low. -1
  • The TTM is 55.275. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ55.275TTM55.2750.000
TTM55.275YOY2,158.302-2,103.026
TTM55.2755Y460.675-405.400
5Y460.67510Y252.242+208.433
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ55.2752.250+53.025
TTM55.2752.173+53.102
YOY2,158.3022.434+2,155.868
5Y460.6758.072+452.603
10Y252.24211.856+240.386

1.3. Liquidity of Greenwing Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Greenwing Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 0.80 means the company has $0.80 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Greenwing Resources Ltd:

  • The MRQ is 0.801. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.801. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.801TTM0.8010.000
TTM0.801YOY0.554+0.247
TTM0.8015Y1.013-0.212
5Y1.01310Y5.781-4.768
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8012.373-1.572
TTM0.8012.561-1.760
YOY0.5543.569-3.015
5Y1.0134.038-3.025
10Y5.7814.724+1.057
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Greenwing Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.68 means the company can pay off $0.68 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Greenwing Resources Ltd:

  • The MRQ is 0.683. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.683. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.683TTM0.6830.000
TTM0.683YOY0.379+0.304
TTM0.6835Y0.618+0.064
5Y0.61810Y2.082-1.463
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6830.968-0.285
TTM0.6830.982-0.299
YOY0.3791.192-0.813
5Y0.6181.530-0.912
10Y2.0821.825+0.257

1.4. Solvency of Greenwing Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Greenwing Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Greenwing Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.49 means that Greenwing Resources Ltd assets are financed with 49.0% credit (debt) and the remaining percentage (100% - 49.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Greenwing Resources Ltd:

  • The MRQ is 0.490. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.490. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.490TTM0.4900.000
TTM0.490YOY0.373+0.117
TTM0.4905Y0.492-0.002
5Y0.49210Y0.345+0.147
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4900.187+0.303
TTM0.4900.189+0.301
YOY0.3730.144+0.229
5Y0.4920.218+0.274
10Y0.3450.251+0.094
1.4.2. Debt to Equity Ratio

Measures if Greenwing Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Greenwing Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 96.0% means that company has $0.96 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Greenwing Resources Ltd:

  • The MRQ is 0.960. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.960. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.960TTM0.9600.000
TTM0.960YOY0.594+0.367
TTM0.9605Y1.298-0.338
5Y1.29810Y0.776+0.522
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9600.201+0.759
TTM0.9600.208+0.752
YOY0.5940.147+0.447
5Y1.2980.225+1.073
10Y0.7760.256+0.520

2. Market Valuation of Greenwing Resources Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Greenwing Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -11.04 means the investor is paying $-11.04 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Greenwing Resources Ltd:

  • The EOD is -2.769. Based on the earnings, the company is expensive. -2
  • The MRQ is -11.035. Based on the earnings, the company is expensive. -2
  • The TTM is -11.035. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.769MRQ-11.035+8.267
MRQ-11.035TTM-11.0350.000
TTM-11.035YOY-18.577+7.541
TTM-11.0355Y-6.010-5.026
5Y-6.01010Y-3.052-2.958
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-2.769-3.980+1.211
MRQ-11.035-5.346-5.689
TTM-11.035-5.501-5.534
YOY-18.577-8.246-10.331
5Y-6.010-11.006+4.996
10Y-3.052-12.091+9.039
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -2.280. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.087. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.087. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.280MRQ-9.087+6.807
MRQ-9.087TTM-9.0870.000
TTM-9.087YOY-18.770+9.683
TTM-9.0875Y-5.931-3.156
5Y-5.93110Y-4.125-1.805
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-2.280-4.236+1.956
MRQ-9.087-5.631-3.456
TTM-9.087-5.986-3.101
YOY-18.770-8.265-10.505
5Y-5.931-12.262+6.331
10Y-4.125-13.419+9.294
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 3.88 means the investor is paying $3.88 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Greenwing Resources Ltd:

  • The EOD is 0.974. Based on the equity, the company is cheap. +2
  • The MRQ is 3.882. Based on the equity, the company is fair priced.
  • The TTM is 3.882. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD0.974MRQ3.882-2.908
MRQ3.882TTM3.8820.000
TTM3.882YOY8.180-4.297
TTM3.8825Y2.545+1.337
5Y2.54510Y1.396+1.149
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.9741.215-0.241
MRQ3.8821.501+2.381
TTM3.8821.580+2.302
YOY8.1802.236+5.944
5Y2.5452.410+0.135
10Y1.3962.891-1.495
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0180.0180%0.030-39%-0.004+124%0.004+363%
Book Value Per Share--0.0710.0710%0.053+35%0.047+52%0.044+62%
Current Ratio--0.8010.8010%0.554+45%1.013-21%5.781-86%
Debt To Asset Ratio--0.4900.4900%0.373+31%0.4920%0.345+42%
Debt To Equity Ratio--0.9600.9600%0.594+62%1.298-26%0.776+24%
Dividend Per Share----0%0.000-100%0.005-100%0.003-100%
Eps---0.025-0.0250%-0.023-7%-0.039+56%-0.028+14%
Free Cash Flow Per Share---0.030-0.0300%-0.023-24%-0.021-31%-0.015-50%
Free Cash Flow To Equity Per Share--0.0330.0330%0.007+352%0.012+185%0.017+89%
Gross Profit Margin--1.0091.0090%1.0110%1.004+0%1.002+1%
Intrinsic Value_10Y_max---0.027--------
Intrinsic Value_10Y_min---0.217--------
Intrinsic Value_1Y_max---0.013--------
Intrinsic Value_1Y_min---0.022--------
Intrinsic Value_3Y_max---0.030--------
Intrinsic Value_3Y_min---0.065--------
Intrinsic Value_5Y_max---0.039--------
Intrinsic Value_5Y_min---0.110--------
Market Cap12506319.552-299%49844027.20049844027.2000%77937933.440-36%26263271.059+90%14023390.489+255%
Net Profit Margin---78.909-78.9090%-3178.408+3928%-719.848+812%-382.394+385%
Operating Margin---55.275-55.2750%-1952.870+3433%-456.676+726%-249.014+350%
Operating Ratio--55.27555.2750%2158.302-97%460.675-88%252.242-78%
Pb Ratio0.974-299%3.8823.8820%8.180-53%2.545+53%1.396+178%
Pe Ratio-2.769+75%-11.035-11.0350%-18.577+68%-6.010-46%-3.052-72%
Price Per Share0.069-299%0.2750.2750%0.430-36%0.145+90%0.077+255%
Price To Free Cash Flow Ratio-2.280+75%-9.087-9.0870%-18.770+107%-5.931-35%-4.125-55%
Price To Total Gains Ratio3.778-299%15.05715.0570%14.474+4%5.839+158%2.909+418%
Quick Ratio--0.6830.6830%0.379+80%0.618+10%2.082-67%
Return On Assets---0.179-0.1790%-0.276+54%-0.542+202%-0.436+143%
Return On Equity---0.352-0.3520%-0.440+25%-1.583+350%-1.002+185%
Total Gains Per Share--0.0180.0180%0.030-39%0.001+2047%0.007+180%
Usd Book Value--8243756.8808243756.8800%6118134.914+35%5429985.942+52%5080588.961+62%
Usd Book Value Change Per Share--0.0120.0120%0.019-39%-0.003+124%0.003+363%
Usd Book Value Per Share--0.0450.0450%0.034+35%0.030+52%0.028+62%
Usd Dividend Per Share----0%0.000-100%0.003-100%0.002-100%
Usd Eps---0.016-0.0160%-0.015-7%-0.025+56%-0.018+14%
Usd Free Cash Flow---3522000.047-3522000.0470%-2666125.052-24%-2438047.022-31%-1599409.073-55%
Usd Free Cash Flow Per Share---0.019-0.0190%-0.015-24%-0.013-31%-0.010-50%
Usd Free Cash Flow To Equity Per Share--0.0210.0210%0.005+352%0.007+185%0.011+89%
Usd Market Cap8030307.784-299%32004849.86532004849.8650%50043947.062-36%16863646.347+90%9004419.033+255%
Usd Price Per Share0.044-299%0.1770.1770%0.276-36%0.093+90%0.050+255%
Usd Profit---2900189.765-2900189.7650%-2693929.266-7%-4516307.821+56%-3297193.966+14%
Usd Revenue--36753.80436753.8040%847.572+4236%375097.226-90%210149.827-83%
Usd Total Gains Per Share--0.0120.0120%0.019-39%0.001+2047%0.004+180%
 EOD+2 -6MRQTTM+0 -0YOY+16 -205Y+27 -910Y+24 -12

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.769
Price to Book Ratio (EOD)Between0-10.974
Net Profit Margin (MRQ)Greater than0-78.909
Operating Margin (MRQ)Greater than0-55.275
Quick Ratio (MRQ)Greater than10.683
Current Ratio (MRQ)Greater than10.801
Debt to Asset Ratio (MRQ)Less than10.490
Debt to Equity Ratio (MRQ)Less than10.960
Return on Equity (MRQ)Greater than0.15-0.352
Return on Assets (MRQ)Greater than0.05-0.179
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.117
Ma 20Greater thanMa 500.069
Ma 50Greater thanMa 1000.074
Ma 100Greater thanMa 2000.090
OpenGreater thanClose0.069
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets25,168
Total Liabilities12,330
Total Stockholder Equity12,839
 As reported
Total Liabilities 12,330
Total Stockholder Equity+ 12,839
Total Assets = 25,168

Assets

Total Assets25,168
Total Current Assets9,548
Long-term Assets15,621
Total Current Assets
Cash And Cash Equivalents 8,051
Net Receivables 86
Inventory 824
Other Current Assets 587
Total Current Assets  (as reported)9,548
Total Current Assets  (calculated)9,548
+/-0
Long-term Assets
Property Plant Equipment 2,910
Long Term Investments 5,287
Intangible Assets 2,234
Long-term Assets Other 5,189
Long-term Assets  (as reported)15,621
Long-term Assets  (calculated)15,621
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities11,920
Long-term Liabilities409
Total Stockholder Equity12,839
Total Current Liabilities
Short-term Debt 10,173
Short Long Term Debt 4,298
Accounts payable 472
Other Current Liabilities 1,276
Total Current Liabilities  (as reported)11,920
Total Current Liabilities  (calculated)16,218
+/- 4,298
Long-term Liabilities
Other Liabilities 409
Long-term Liabilities  (as reported)409
Long-term Liabilities  (calculated)409
+/-0
Total Stockholder Equity
Common Stock112,030
Retained Earnings -106,372
Accumulated Other Comprehensive Income 7,181
Other Stockholders Equity 0
Total Stockholder Equity (as reported)12,839
Total Stockholder Equity (calculated)12,839
+/-0
Other
Capital Stock112,030
Cash and Short Term Investments 8,051
Common Stock Shares Outstanding 136,021
Liabilities and Stockholders Equity 25,168
Net Debt 2,122
Net Invested Capital 17,136
Net Tangible Assets 12,839
Net Working Capital -2,373
Property Plant and Equipment Gross 13,057
Short Long Term Debt Total 10,173



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-31
> Total Assets 
2,183
5,219
14,500
26,151
64,614
81,295
109,052
31,493
6,728
4,506
4,218
6,935
10,629
18,638
17,729
10,561
9,896
15,186
25,168
25,16815,1869,89610,56117,72918,63810,6296,9354,2184,5066,72831,493109,05281,29564,61426,15114,5005,2192,183
   > Total Current Assets 
543
1,365
5,280
11,147
11,577
14,928
14,769
27,263
2,622
713
3,503
5,593
1,981
6,291
4,078
3,045
1,774
2,997
9,548
9,5482,9971,7743,0454,0786,2911,9815,5933,5037132,62227,26314,76914,92811,57711,1475,2801,365543
       Cash And Cash Equivalents 
3,758
1,279
4,611
4,430
4,543
9,472
6,355
3,672
2,400
508
117
168
959
4,604
1,561
1,706
599
1,896
8,051
8,0511,8965991,7061,5614,6049591681175082,4003,6726,3559,4724,5434,4304,6111,2793,758
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
495
0
0
0
0
0
0
0
000000049500000000000
       Net Receivables 
62
57
627
3,752
5,790
4,720
2,863
9,168
191
176
168
1,033
326
425
789
336
251
154
86
861542513367894253261,0331681761919,1682,8634,7205,7903,7526275762
       Other Current Assets 
0
0
0
2,197
187
210
217
0
0
0
0
4,393
43
57
110
76
120
98
587
587981207611057434,39300002172101872,197000
   > Long-term Assets 
1,640
3,855
9,219
15,004
53,037
66,367
94,283
4,230
4,105
3,793
715
1,342
8,648
12,348
13,651
7,516
8,122
12,189
15,621
15,62112,1898,1227,51613,65112,3488,6481,3427153,7934,1054,23094,28366,36753,03715,0049,2193,8551,640
       Property Plant Equipment 
1,577
3,595
8,960
13,807
47,139
57,978
79,085
3,471
3,290
3,123
34
21
7,968
11,649
12,960
6,938
7,611
11,689
2,910
2,91011,6897,6116,93812,96011,6497,96821343,1233,2903,47179,08557,97847,13913,8078,9603,5951,577
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,287
5,287000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,234
2,234
2,2342,23400000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
25
699
691
0
0
0
0
000069169925000000000000
> Total Liabilities 
70
397
796
3,868
22,898
24,735
52,764
13,943
1,042
800
799
1,755
2,846
1,885
4,464
8,054
5,753
5,657
12,330
12,3305,6575,7538,0544,4641,8852,8461,7557998001,04213,94352,76424,73522,8983,86879639770
   > Total Current Liabilities 
70
311
721
3,865
4,140
7,588
27,583
13,100
301
105
105
1,755
1,749
772
2,229
7,608
1,200
5,409
11,920
11,9205,4091,2007,6082,2297721,7491,75510510530113,10027,5837,5884,1403,86572131170
       Short-term Debt 
0
18
19
67
156
0
14,821
5,120
0
0
0
684
643
18
412
5,560
15
3,973
10,173
10,1733,973155,560412186436840005,12014,82101566719180
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
18
412
5,479
11
3,973
4,298
4,2983,973115,479412180000000000000
       Accounts payable 
70
281
606
1,980
1,173
3,204
8,796
5,732
133
31
53
194
606
481
1,816
1,481
479
389
472
4723894791,4811,81648160619453311335,7328,7963,2041,1731,98060628170
       Other Current Liabilities 
0
12
96
1,818
2,810
4,384
3,966
2,248
168
74
52
877
500
272
1,071
567
379
500
1,276
1,2765003795671,07127250087752741682,2483,9664,3842,8101,81896120
   > Long-term Liabilities 
0
86
75
4
18,758
17,147
25,182
843
741
694
694
0
1,098
1,113
2,235
446
4,553
249
409
4092494,5534462,2351,1131,098069469474184325,18217,14718,758475860
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,122
27
4,329
0
0
004,329271,12200000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,113
419
419
224
249
409
4092492244194191,1130000000000000
> Total Stockholder Equity
2,112
4,711
13,704
22,283
41,715
56,560
56,288
17,550
5,686
3,707
3,419
5,180
7,783
16,753
13,265
2,507
4,144
9,528
12,839
12,8399,5284,1442,50713,26516,7537,7835,1803,4193,7075,68617,55056,28856,56041,71522,28313,7044,7112,112
   Common Stock
5,531
5,516
15,406
22,098
22,294
37,172
50,358
61,524
61,674
61,782
62,032
62,914
74,219
88,006
92,710
93,931
96,783
105,161
112,030
112,030105,16196,78393,93192,71088,00674,21962,91462,03261,78261,67461,52450,35837,17222,29422,09815,4065,5165,531
   Retained Earnings 
-190
-965
-2,277
-501
18,621
18,215
4,429
-50,788
-57,913
-59,378
-58,692
-57,818
-67,722
-72,170
-79,674
-92,302
-97,660
-101,855
-106,372
-106,372-101,855-97,660-92,302-79,674-72,170-67,722-57,818-58,692-59,378-57,913-50,7884,42918,21518,621-501-2,277-965-190
   Accumulated Other Comprehensive Income 
72
160
574
686
800
1,172
1,501
6,814
1,924
1,303
79
85
1,285
918
229
878
5,020
6,223
7,181
7,1816,2235,0208782299181,28585791,3031,9246,8141,5011,17280068657416072
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
-3,301
0
0
0
0
0
0
0
0
0
0
0
0
918
229
878
5,020
6,223
0
06,2235,020878229918000000000000-3,301



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue57
Cost of Revenue-151
Gross Profit-151-94
 
Operating Income (+$)
Gross Profit-151
Operating Expense-3,013
Operating Income-3,164-3,164
 
Operating Expense (+$)
Research Development169
Selling General Administrative2,295
Selling And Marketing Expenses40
Operating Expense3,0132,504
 
Net Interest Income (+$)
Interest Income57
Interest Expense-961
Other Finance Cost-151
Net Interest Income-1,055
 
Pretax Income (+$)
Operating Income-3,164
Net Interest Income-1,055
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-4,340-1,988
EBIT - interestExpense = -4,125
-4,340
-3,556
Interest Expense961
Earnings Before Interest and Taxes (EBIT)-3,164-3,379
Earnings Before Interest and Taxes (EBITDA)-3,013
 
After tax Income (+$)
Income Before Tax-4,340
Tax Provision-0
Net Income From Continuing Ops-4,347-4,340
Net Income-4,517
Net Income Applicable To Common Shares-4,517
 
Non-recurring Events
Discontinued Operations-170
Extraordinary Items-170
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,164
Total Other Income/Expenses Net-1,1761,055
 

Technical Analysis of Greenwing Resources Ltd
The psychology behind the price

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

General trend

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

Indicator phases

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

Indicator zone transitionsBullish trend (-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 Greenwing Resources Ltd.

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: 0.075 < 0.075 < 0.075.

The bearish price targets are: 0.066.

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Greenwing Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Greenwing Resources Ltd. 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 above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Greenwing Resources Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Greenwing Resources Ltd. The current macd is -0.00200155.

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 Greenwing Resources Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Greenwing Resources Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Greenwing Resources Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
Greenwing Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGreenwing Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Greenwing Resources Ltd. The current adx is 11.17.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Greenwing Resources Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Greenwing Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Greenwing Resources Ltd. The current sar is 0.07438984.

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
Greenwing Resources Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Greenwing Resources Ltd. The current rsi is 47.12. 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
Greenwing Resources Ltd Daily Relative Strength Index (RSI) ChartGreenwing Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Greenwing Resources Ltd. 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 Greenwing Resources Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Greenwing Resources Ltd Daily Stochastic Oscillator ChartGreenwing Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Greenwing Resources Ltd. The current cci is -15.69506726.

Greenwing Resources Ltd Daily Commodity Channel Index (CCI) ChartGreenwing Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Greenwing Resources Ltd. The current cmo is 0.247091.

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
Greenwing Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartGreenwing Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Greenwing Resources Ltd. The current willr is -66.66666667.

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 Greenwing Resources Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Greenwing Resources Ltd Daily Williams %R ChartGreenwing Resources Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Greenwing Resources Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Greenwing Resources Ltd. The current atr is 0.00289592.

Greenwing Resources Ltd Daily Average True Range (ATR) ChartGreenwing Resources Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Greenwing Resources Ltd. The current obv is -3,610,765.

Greenwing Resources Ltd Daily On-Balance Volume (OBV) ChartGreenwing Resources Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Greenwing Resources Ltd. The current mfi is 16.37.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Greenwing Resources Ltd Daily Money Flow Index (MFI) ChartGreenwing Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Greenwing Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-28STOCH 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).
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
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.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19MACD 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.
2023-12-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-22CCI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24CCI 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).
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19DMI 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.
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28DMI 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 LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-08DMI 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
2024-04-09DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-11DMI 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.
2024-04-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-16STOCH 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
2024-04-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Greenwing Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.117
Ma 20Greater thanMa 500.069
Ma 50Greater thanMa 1000.074
Ma 100Greater thanMa 2000.090
OpenGreater thanClose0.069
Total0/5 (0.0%)
Penke

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