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InCoax Networks AB
Buy, Hold or Sell?

Let's analyse Incoax together

PenkeI guess you are interested in InCoax Networks AB. 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 InCoax Networks AB. 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 Incoax (30 sec.)










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

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
kr0.78
Expected worth in 1 year
kr1.18
How sure are you?
41.7%

+ What do you gain per year?

Total Gains per Share
kr0.39
Return On Investment
21.2%

For what price can you sell your share?

Current Price per Share
kr1.86
Expected price per share
kr1.7 - kr2.37
How sure are you?
50%

1. Valuation of Incoax (5 min.)




Live pricePrice per Share (EOD)

kr1.86

Intrinsic Value Per Share

kr-4.85 - kr-5.69

Total Value Per Share

kr-4.07 - kr-4.91

2. Growth of Incoax (5 min.)




Is Incoax growing?

Current yearPrevious yearGrowGrow %
How rich?$7.9m$4.9m$3.5m41.7%

How much money is Incoax making?

Current yearPrevious yearGrowGrow %
Making money-$367.6k-$639.3k$271.7k73.9%
Net Profit Margin-33.8%-251.8%--

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

3. Financial Health of Incoax (5 min.)




4. Comparing to competitors in the Communication Equipment industry (5 min.)




  Industry Rankings (Communication Equipment)  


Richest
#295 / 342

Most Revenue
#325 / 342

Most Profit
#212 / 342

Most Efficient
#298 / 342

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

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

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

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

Speculation

The Price per Share of Incoax is kr1.855. 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 Incoax.
  • 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 Incoax, 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 kr0.78. Based on the TTM, the Book Value Change Per Share is kr0.10 per quarter. Based on the YOY, the Book Value Change Per Share is kr-0.01 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 kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Incoax.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.00-0.1%0.00-0.2%-0.01-0.3%-0.01-0.5%-0.01-0.5%
Usd Book Value Change Per Share0.00-0.1%0.010.5%0.00-0.1%0.000.2%0.000.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.1%0.010.5%0.00-0.1%0.000.2%0.000.2%
Usd Price Per Share0.24-0.24-0.42-0.56-0.47-
Price to Earnings Ratio-36.27--20.96--18.00--18.79--15.66-
Price-to-Total Gains Ratio-145.08--67.44--33.33--11.95--11.95-
Price to Book Ratio3.20-3.09-8.92-21.09-17.58-
Price-to-Total Gains Ratio-145.08--67.44--33.33--11.95--11.95-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.17437
Number of shares5734
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 (5734 shares)53.0019.97
Gains per Year (5734 shares)211.9979.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1021220208070
204244140160150
306366260240230
408488380320310
50106010500399390
60127212620479470
70148414740559550
80169616860639630
90190818980719710
100212021100799790

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 Share0.04.00.00.0%0.012.00.00.0%0.020.00.00.0%0.024.00.00.0%0.024.00.00.0%
Book Value Change Per Share1.03.00.025.0%4.08.00.033.3%8.012.00.040.0%10.012.02.041.7%10.012.02.041.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.024.00.0%0.00.024.00.0%
Total Gains per Share1.03.00.025.0%4.08.00.033.3%8.012.00.040.0%10.012.02.041.7%10.012.02.041.7%

Fundamentals of Incoax

About InCoax Networks AB

InCoax Networks AB (publ) provides networking products and solutions to fiber/LAN operators, internet service providers, and hospitality customers in European Union, North America, and internationally. It offers InCoax DPU D2501 for fiber access extension deployments in small multi-dwelling units (MDUs) in P2MP coaxial networks; in:xtnd Control for fiber access extension for MDUs in P2P and P2MP coaxial networks; InCoax Access modems; InCoax Combine frequency combiners; InCoax Manage, an advanced network management system; and InCoax Home. The company was incorporated in 2009 and is headquartered in Lund, Sweden.

Fundamental data was last updated by Penke on 2024-03-10 06:08:02.

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 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 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 InCoax Networks AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Incoax earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Incoax to the Communication Equipment industry mean.
  • A Net Profit Margin of -12.7% means that kr-0.13 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of InCoax Networks AB:

  • The MRQ is -12.7%. The company is making a huge loss. -2
  • The TTM is -33.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-12.7%TTM-33.8%+21.1%
TTM-33.8%YOY-251.8%+218.1%
TTM-33.8%5Y-2,083.6%+2,049.8%
5Y-2,083.6%10Y-2,128.5%+44.9%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.7%0.4%-13.1%
TTM-33.8%1.1%-34.9%
YOY-251.8%2.2%-254.0%
5Y-2,083.6%1.0%-2,084.6%
10Y-2,128.5%1.3%-2,129.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Incoax to the Communication Equipment industry mean.
  • -1.6% Return on Assets means that Incoax generated kr-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of InCoax Networks AB:

  • The MRQ is -1.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.6%TTM-3.4%+1.8%
TTM-3.4%YOY-9.0%+5.6%
TTM-3.4%5Y-19.4%+16.0%
5Y-19.4%10Y-29.3%+9.9%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.6%0.2%-1.8%
TTM-3.4%0.4%-3.8%
YOY-9.0%0.7%-9.7%
5Y-19.4%0.5%-19.9%
10Y-29.3%0.5%-29.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Incoax to the Communication Equipment industry mean.
  • -2.2% Return on Equity means Incoax generated kr-0.02 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of InCoax Networks AB:

  • The MRQ is -2.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -4.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.2%TTM-4.3%+2.1%
TTM-4.3%YOY-13.2%+8.9%
TTM-4.3%5Y-40.4%+36.1%
5Y-40.4%10Y-133.9%+93.5%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.2%0.4%-2.6%
TTM-4.3%0.8%-5.1%
YOY-13.2%1.2%-14.4%
5Y-40.4%0.7%-41.1%
10Y-133.9%0.9%-134.8%

1.2. Operating Efficiency of InCoax Networks AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Incoax is operating .

  • Measures how much profit Incoax makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Incoax to the Communication Equipment industry mean.
  • An Operating Margin of -12.5% means the company generated kr-0.13  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of InCoax Networks AB:

  • The MRQ is -12.5%. The company is operating very inefficient. -2
  • The TTM is -31.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-12.5%TTM-31.6%+19.1%
TTM-31.6%YOY-248.7%+217.1%
TTM-31.6%5Y-2,064.4%+2,032.8%
5Y-2,064.4%10Y-2,110.8%+46.4%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.5%3.2%-15.7%
TTM-31.6%1.4%-33.0%
YOY-248.7%3.1%-251.8%
5Y-2,064.4%2.2%-2,066.6%
10Y-2,110.8%1.6%-2,112.4%
1.2.2. Operating Ratio

Measures how efficient Incoax is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • An Operation Ratio of 1.13 means that the operating costs are kr1.13 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of InCoax Networks AB:

  • The MRQ is 1.125. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.316. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.125TTM1.316-0.191
TTM1.316YOY1.382-0.066
TTM1.3165Y20.069-18.752
5Y20.06910Y20.795-0.726
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1251.586-0.461
TTM1.3161.549-0.233
YOY1.3821.541-0.159
5Y20.0691.525+18.544
10Y20.7951.284+19.511

1.3. Liquidity of InCoax Networks AB.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Communication Equipment industry mean).
  • A Current Ratio of 1.90 means the company has kr1.90 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of InCoax Networks AB:

  • The MRQ is 1.904. The company is able to pay all its short-term debts. +1
  • The TTM is 2.677. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.904TTM2.677-0.773
TTM2.677YOY2.270+0.407
TTM2.6775Y2.358+0.319
5Y2.35810Y2.096+0.262
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9041.909-0.005
TTM2.6771.887+0.790
YOY2.2701.857+0.413
5Y2.3581.960+0.398
10Y2.0961.795+0.301
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Incoax to the Communication Equipment industry mean.
  • A Quick Ratio of 1.45 means the company can pay off kr1.45 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of InCoax Networks AB:

  • The MRQ is 1.446. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 2.196. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.446TTM2.196-0.750
TTM2.196YOY1.644+0.552
TTM2.1965Y1.526+0.669
5Y1.52610Y1.312+0.215
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4460.860+0.586
TTM2.1960.895+1.301
YOY1.6440.955+0.689
5Y1.5261.022+0.504
10Y1.3121.064+0.248

1.4. Solvency of InCoax Networks AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Incoax to Communication Equipment industry mean.
  • A Debt to Asset Ratio of 0.27 means that Incoax assets are financed with 27.0% credit (debt) and the remaining percentage (100% - 27.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of InCoax Networks AB:

  • The MRQ is 0.270. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.229. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.270TTM0.229+0.041
TTM0.229YOY0.310-0.081
TTM0.2295Y0.370-0.142
5Y0.37010Y0.450-0.080
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2700.469-0.199
TTM0.2290.477-0.248
YOY0.3100.473-0.163
5Y0.3700.468-0.098
10Y0.4500.457-0.007
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Incoax to the Communication Equipment industry mean.
  • A Debt to Equity ratio of 37.0% means that company has kr0.37 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of InCoax Networks AB:

  • The MRQ is 0.370. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.298. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.370TTM0.298+0.072
TTM0.298YOY0.454-0.156
TTM0.2985Y0.790-0.492
5Y0.79010Y1.726-0.936
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3700.835-0.465
TTM0.2980.857-0.559
YOY0.4540.894-0.440
5Y0.7900.896-0.106
10Y1.7260.920+0.806

2. Market Valuation of InCoax Networks AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Incoax generates.

  • Above 15 is considered overpriced but always compare Incoax to the Communication Equipment industry mean.
  • A PE ratio of -36.27 means the investor is paying kr-36.27 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of InCoax Networks AB:

  • The EOD is -26.806. Based on the earnings, the company is expensive. -2
  • The MRQ is -36.271. Based on the earnings, the company is expensive. -2
  • The TTM is -20.956. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-26.806MRQ-36.271+9.465
MRQ-36.271TTM-20.956-15.315
TTM-20.956YOY-17.998-2.958
TTM-20.9565Y-18.788-2.167
5Y-18.78810Y-15.657-3.131
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD-26.8062.853-29.659
MRQ-36.2714.342-40.613
TTM-20.9567.605-28.561
YOY-17.99812.730-30.728
5Y-18.78814.306-33.094
10Y-15.65716.956-32.613
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of InCoax Networks AB:

  • The EOD is -3.905. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.284. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.764. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.905MRQ-5.284+1.379
MRQ-5.284TTM-4.764-0.520
TTM-4.764YOY-24.567+19.802
TTM-4.7645Y-17.126+12.361
5Y-17.12610Y-14.271-2.854
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD-3.9052.044-5.949
MRQ-5.2842.291-7.575
TTM-4.7641.029-5.793
YOY-24.567-0.701-23.866
5Y-17.1261.760-18.886
10Y-14.2711.872-16.143
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • A PB ratio of 3.20 means the investor is paying kr3.20 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of InCoax Networks AB:

  • The EOD is 2.368. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.204. Based on the equity, the company is fair priced.
  • The TTM is 3.090. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.368MRQ3.204-0.836
MRQ3.204TTM3.090+0.114
TTM3.090YOY8.921-5.831
TTM3.0905Y21.091-18.000
5Y21.09110Y17.575+3.515
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD2.3681.917+0.451
MRQ3.2041.996+1.208
TTM3.0902.034+1.056
YOY8.9212.047+6.874
5Y21.0912.305+18.786
10Y17.5752.666+14.909
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of InCoax Networks AB 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---0.0170.098-118%-0.012-29%0.037-147%0.033-153%
Book Value Per Share--0.7830.834-6%0.486+61%0.427+83%0.359+118%
Current Ratio--1.9042.677-29%2.270-16%2.358-19%2.096-9%
Debt To Asset Ratio--0.2700.229+18%0.310-13%0.370-27%0.450-40%
Debt To Equity Ratio--0.3700.298+24%0.454-19%0.790-53%1.726-79%
Dividend Per Share----0%-0%-0%-0%
Eps---0.017-0.035+103%-0.063+262%-0.093+436%-0.093+439%
Free Cash Flow Per Share---0.119-0.047-60%-0.100-16%-0.115-3%-0.114-4%
Free Cash Flow To Equity Per Share---0.1190.021-663%0.063-289%0.069-273%0.057-307%
Gross Profit Margin--1.0001.192-16%1.123-11%1.100-9%1.100-9%
Intrinsic Value_10Y_max---5.688--------
Intrinsic Value_10Y_min---4.850--------
Intrinsic Value_1Y_max---0.386--------
Intrinsic Value_1Y_min---0.379--------
Intrinsic Value_3Y_max---1.299--------
Intrinsic Value_3Y_min---1.238--------
Intrinsic Value_5Y_max---2.382--------
Intrinsic Value_5Y_min---2.199--------
Market Cap200631235.000-35%271474070.000275529957.500-1%485489733.750-44%644344786.715-58%536953988.929-49%
Net Profit Margin---0.127-0.338+166%-2.518+1881%-20.836+16290%-21.285+16643%
Operating Margin---0.125-0.316+152%-2.487+1883%-20.644+16359%-21.108+16729%
Operating Ratio--1.1251.316-14%1.382-19%20.069-94%20.795-95%
Pb Ratio2.368-35%3.2043.090+4%8.921-64%21.091-85%17.575-82%
Pe Ratio-26.806+26%-36.271-20.956-42%-17.998-50%-18.788-48%-15.657-57%
Price Per Share1.855-35%2.5102.548-1%4.489-44%5.957-58%4.965-49%
Price To Free Cash Flow Ratio-3.905+26%-5.284-4.764-10%-24.567+365%-17.126+224%-14.271+170%
Price To Total Gains Ratio-107.224+26%-145.084-67.445-54%-33.326-77%-11.947-92%-11.947-92%
Quick Ratio--1.4462.196-34%1.644-12%1.526-5%1.312+10%
Return On Assets---0.016-0.034+110%-0.090+460%-0.194+1104%-0.293+1720%
Return On Equity---0.022-0.043+97%-0.132+498%-0.404+1729%-1.339+5964%
Total Gains Per Share---0.0170.098-118%-0.012-29%0.037-147%0.033-153%
Usd Book Value--7964013.3248475096.729-6%4942707.460+61%4344648.021+83%3654944.018+118%
Usd Book Value Change Per Share---0.0020.009-118%-0.001-29%0.003-147%0.003-153%
Usd Book Value Per Share--0.0740.078-6%0.046+61%0.040+83%0.034+118%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.003+103%-0.006+262%-0.009+436%-0.009+439%
Usd Free Cash Flow---1207304.604-478849.724-60%-1014310.760-16%-1170107.967-3%-1159700.505-4%
Usd Free Cash Flow Per Share---0.011-0.004-60%-0.009-16%-0.011-3%-0.011-4%
Usd Free Cash Flow To Equity Per Share---0.0110.002-663%0.006-289%0.006-273%0.005-307%
Usd Market Cap18859336.090-35%25518562.58025899816.005-1%45636034.973-44%60568409.951-58%50473674.959-49%
Usd Price Per Share0.174-35%0.2360.239-1%0.422-44%0.560-58%0.467-49%
Usd Profit---175887.724-367665.208+109%-639396.178+264%-944731.579+437%-950696.824+441%
Usd Revenue--1383582.4281212129.413+14%342091.498+304%425479.344+225%361557.276+283%
Usd Total Gains Per Share---0.0020.009-118%-0.001-29%0.003-147%0.003-153%
 EOD+3 -5MRQTTM+12 -22YOY+17 -175Y+17 -1710Y+18 -16

3.2. Fundamental Score

Let's check the fundamental score of InCoax Networks AB based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-26.806
Price to Book Ratio (EOD)Between0-12.368
Net Profit Margin (MRQ)Greater than0-0.127
Operating Margin (MRQ)Greater than0-0.125
Quick Ratio (MRQ)Greater than11.446
Current Ratio (MRQ)Greater than11.904
Debt to Asset Ratio (MRQ)Less than10.270
Debt to Equity Ratio (MRQ)Less than10.370
Return on Equity (MRQ)Greater than0.15-0.022
Return on Assets (MRQ)Greater than0.05-0.016
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of InCoax Networks AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.525
Ma 20Greater thanMa 501.810
Ma 50Greater thanMa 1001.831
Ma 100Greater thanMa 2001.865
OpenGreater thanClose1.850
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets116,032
Total Liabilities31,308
Total Stockholder Equity84,724
 As reported
Total Liabilities 31,308
Total Stockholder Equity+ 84,724
Total Assets = 116,032

Assets

Total Assets116,032
Total Current Assets51,716
Long-term Assets64,315
Total Current Assets
Cash And Cash Equivalents 9,791
Net Receivables 29,473
Inventory 12,453
Total Current Assets  (as reported)51,716
Total Current Assets  (calculated)51,716
+/-0
Long-term Assets
Property Plant Equipment 64,315
Long-term Assets  (as reported)64,315
Long-term Assets  (calculated)64,315
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities27,162
Long-term Liabilities4,146
Total Stockholder Equity84,724
Total Current Liabilities
Other Current Liabilities 27,162
Total Current Liabilities  (as reported)27,162
Total Current Liabilities  (calculated)27,162
+/-0
Long-term Liabilities
Long term Debt Total 4,146
Long-term Liabilities  (as reported)4,146
Long-term Liabilities  (calculated)4,146
+/- 0
Total Stockholder Equity
Common Stock18,026
Other Stockholders Equity 66,697
Total Stockholder Equity (as reported)84,724
Total Stockholder Equity (calculated)84,724
+/-0
Other
Cash And Equivalents9,791
Cash and Short Term Investments 9,791
Common Stock Shares Outstanding 72,105
Liabilities and Stockholders Equity 116,032
Net Debt -5,644
Net Working Capital 24,554
Short Long Term Debt Total 4,146



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-31
> Total Assets 
12,085
0
0
17,487
40,734
64,580
45,819
45,813
53,181
37,888
38,330
57,580
42,249
39,234
72,629
68,231
83,170
79,002
73,746
67,271
123,178
118,662
109,700
116,032
116,032109,700118,662123,17867,27173,74679,00283,17068,23172,62939,23442,24957,58038,33037,88853,18145,81345,81964,58040,73417,4870012,085
   > Total Current Assets 
9,893
0
0
16,587
24,109
24,793
44,061
44,174
51,506
36,367
36,962
53,702
32,373
24,694
54,088
46,472
57,950
48,749
37,782
25,780
74,245
62,774
49,606
51,716
51,71649,60662,77474,24525,78037,78248,74957,95046,47254,08824,69432,37353,70236,96236,36751,50644,17444,06124,79324,10916,587009,893
       Cash And Cash Equivalents 
3,352
0
0
4,572
7,731
6,937
26,356
22,568
29,476
12,354
13,262
2,834
16,833
9,429
34,789
24,292
34,283
25,000
13,979
1,578
36,296
38,420
27,089
9,791
9,79127,08938,42036,2961,57813,97925,00034,28324,29234,7899,42916,8332,83413,26212,35429,47622,56826,3566,9377,7314,572003,352
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
6,167
4,956
1,472
7,441
13,448
16,278
7,661
13,932
14,287
13,294
28,434
14,259
11,560
29,473
29,47311,56014,25928,43413,29414,28713,9327,66116,27813,4487,4411,4724,9566,1670000000000
       Inventory 
3,339
0
0
10,071
10,302
13,999
13,850
16,177
16,312
17,715
17,534
13,809
11,406
7,824
5,851
5,901
14,062
9,817
9,516
10,908
9,516
10,096
10,958
12,453
12,45310,95810,0969,51610,9089,5169,81714,0625,9015,8517,82411,40613,80917,53417,71516,31216,17713,85013,99910,30210,071003,339
       Other Current Assets 
3,202
0
0
1,944
6,076
3,857
3,855
5,429
5,718
6,298
6,167
37,060
4,134
7,441
13,448
16,278
0
13,932
0
0
0
0
0
0
00000013,932016,27813,4487,4414,13437,0606,1676,2985,7185,4293,8553,8576,0761,944003,202
   > Long-term Assets 
2,192
0
0
900
16,626
39,786
1,758
1,639
1,675
1,521
1,367
3,877
9,876
14,539
18,540
21,760
25,220
30,253
35,965
41,491
48,933
55,887
60,094
64,315
64,31560,09455,88748,93341,49135,96530,25325,22021,76018,54014,5399,8763,8771,3671,5211,6751,6391,75839,78616,626900002,192
       Property Plant Equipment 
717
0
0
594
1,305
1,786
1,758
1,639
1,675
1,521
1,367
3,877
2,629
14,539
18,540
21,760
1,768
30,253
35,965
41,491
1,061
55,887
60,094
64,315
64,31560,09455,8871,06141,49135,96530,2531,76821,76018,54014,5392,6293,8771,3671,5211,6751,6391,7581,7861,30559400717
       Intangible Assets 
1,225
0
0
306
0
0
0
0
0
0
0
0
7,247
0
0
0
23,452
0
0
0
47,872
0
0
0
00047,87200023,4520007,24700000000306001,225
       Long-term Assets Other 
250
0
0
0
15,321
38,000
0
0
0
0
1,367
3,877
0
14,539
18,540
21,760
0
30,253
35,965
41,491
0
0
0
0
000041,49135,96530,253021,76018,54014,53903,8771,367000038,00015,321000250
> Total Liabilities 
10,679
0
0
12,921
14,550
15,942
15,829
31,071
13,373
15,581
30,552
34,539
17,634
21,750
21,324
20,699
21,213
23,371
23,191
25,086
26,921
25,595
23,105
31,308
31,30823,10525,59526,92125,08623,19123,37121,21320,69921,32421,75017,63434,53930,55215,58113,37331,07115,82915,94214,55012,9210010,679
   > Total Current Liabilities 
6,933
0
0
9,677
11,304
12,696
12,583
27,825
13,373
15,581
30,552
34,539
14,388
18,504
18,078
17,453
17,967
20,125
19,946
16,750
22,775
21,448
18,959
27,162
27,16218,95921,44822,77516,75019,94620,12517,96717,45318,07818,50414,38834,53930,55215,58113,37327,82512,58312,69611,3049,677006,933
       Short-term Debt 
1,729
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000001,729
       Accounts payable 
2,325
0
0
2,289
5,881
0
0
0
3,381
0
0
0
5,963
0
0
0
4,233
0
0
0
5,812
0
0
0
0005,8120004,2330005,9630003,3810005,8812,289002,325
       Other Current Liabilities 
2,879
0
0
7,388
5,423
12,696
12,583
27,825
9,992
15,581
30,552
34,539
8,425
18,504
18,078
17,453
5,396
20,125
19,946
16,750
16,962
21,448
18,959
27,162
27,16218,95921,44816,96216,75019,94620,1255,39617,45318,07818,5048,42534,53930,55215,5819,99227,82512,58312,6965,4237,388002,879
   > Long-term Liabilities 
3,746
0
0
3,244
3,246
3,246
3,246
3,246
0
0
0
0
3,246
3,246
3,246
3,246
3,246
3,246
3,246
8,336
4,146
4,146
4,146
4,146
4,1464,1464,1464,1468,3363,2463,2463,2463,2463,2463,2463,24600003,2463,2463,2463,2463,244003,746
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
3,246
3,246
3,246
3,246
3,246
3,246
3,246
8,271
4,146
4,146
4,146
4,146
4,1464,1464,1464,1468,2713,2463,2463,2463,2463,2463,2463,246000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
65
900
0
0
0
000900650000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
7,247
0
0
0
23,452
0
0
0
47,872
0
0
0
00047,87200023,4520007,247000000000000
> Total Stockholder Equity
1,406
0
0
4,566
26,184
48,638
29,990
14,742
39,807
22,307
7,778
23,041
24,615
17,484
51,305
47,532
61,957
55,631
50,555
42,185
96,257
93,067
86,595
84,724
84,72486,59593,06796,25742,18550,55555,63161,95747,53251,30517,48424,61523,0417,77822,30739,80714,74229,99048,63826,1844,566001,406
   Common Stock
1,303
0
0
1,826
2,139
0
0
0
4,574
0
7,778
23,041
6,861
17,484
51,305
47,532
10,278
55,631
50,555
42,185
18,026
18,026
18,026
18,026
18,02618,02618,02618,02642,18550,55555,63110,27847,53251,30517,4846,86123,0417,77804,5740002,1391,826001,303
   Retained Earnings 
-6,956
0
0
2,740
8,724
0
0
0
35,234
0
0
0
-250,214
0
0
0
-290,888
0
0
0
-338,124
0
0
0
000-338,124000-290,888000-250,21400035,2340008,7242,74000-6,956
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
7,059
0
0
0
15,321
0
0
0
0
22,307
7,778
23,041
267,969
17,484
51,305
47,532
23,452
55,631
50,555
42,185
368,483
75,041
68,569
66,697
66,69768,56975,041368,48342,18550,55555,63123,45247,53251,30517,484267,96923,0417,77822,307000015,3210007,059



Balance Sheet

Currency in SEK. All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue51,580
Cost of Revenue-2,195
Gross Profit49,38549,385
 
Operating Income (+$)
Gross Profit49,385
Operating Expense-63,884
Operating Income-14,500-14,500
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense63,8840
 
Net Interest Income (+$)
Interest Income-
Interest Expense-663
Other Finance Cost-0
Net Interest Income-663
 
Pretax Income (+$)
Operating Income-14,500
Net Interest Income-663
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-15,163-13,836
EBIT - interestExpense = -15,163
-15,163
-14,500
Interest Expense663
Earnings Before Interest and Taxes (EBIT)-14,500-14,500
Earnings Before Interest and Taxes (EBITDA)-13,798
 
After tax Income (+$)
Income Before Tax-15,163
Tax Provision--
Net Income From Continuing Ops-15,163-15,163
Net Income-15,163
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses66,080
Total Other Income/Expenses Net-663663
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of InCoax Networks AB.

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: 1.93 < 1.95 < 2.37.

The bearish price targets are: 1.715 > 1.7 > 1.7.

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InCoax Networks AB 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 InCoax Networks AB. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

InCoax Networks AB 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 InCoax Networks AB. The current macd is -0.00352928.

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 Incoax price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Incoax. 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 Incoax 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
InCoax Networks AB Daily Moving Average Convergence/Divergence (MACD) ChartInCoax Networks AB 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 InCoax Networks AB. The current adx is 16.40.

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 Incoax 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
InCoax Networks AB 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 InCoax Networks AB. The current sar is 1.68552637.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
InCoax Networks AB 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 InCoax Networks AB. The current rsi is 52.52. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
InCoax Networks AB Daily Relative Strength Index (RSI) ChartInCoax Networks AB 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 InCoax Networks AB. The current phase is Correction 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 above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Incoax price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
InCoax Networks AB Daily Stochastic Oscillator ChartInCoax Networks AB 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 InCoax Networks AB. The current cci is 76.96.

InCoax Networks AB Daily Commodity Channel Index (CCI) ChartInCoax Networks AB 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 InCoax Networks AB. The current cmo is 10.45.

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
InCoax Networks AB Daily Chande Momentum Oscillator (CMO) ChartInCoax Networks AB 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 InCoax Networks AB. The current willr is -33.92857143.

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 Incoax is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
InCoax Networks AB Daily Williams %R ChartInCoax Networks AB 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 InCoax Networks AB.

InCoax Networks AB 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 InCoax Networks AB. The current atr is 0.09191819.

InCoax Networks AB Daily Average True Range (ATR) ChartInCoax Networks AB 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 InCoax Networks AB. The current obv is -1,713,148.

InCoax Networks AB Daily On-Balance Volume (OBV) ChartInCoax Networks AB 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 InCoax Networks AB. The current mfi is 64.96.

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

  • MFI > 50: +1
InCoax Networks AB Daily Money Flow Index (MFI) ChartInCoax Networks AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for InCoax Networks AB.

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
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH 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
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19MACD 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12MACD 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.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24DMI 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
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26CCI 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.
2024-01-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29DMI 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
2024-03-06STOCH 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
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D 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
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH 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
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20DMI 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).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

InCoax Networks AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of InCoax Networks AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.525
Ma 20Greater thanMa 501.810
Ma 50Greater thanMa 1001.831
Ma 100Greater thanMa 2001.865
OpenGreater thanClose1.850
Total1/5 (20.0%)
Penke

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