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Ionics Inc
Buy, Hold or Sell?

Let's analyse Ionics Inc together

PenkeI guess you are interested in Ionics Inc. 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 Ionics Inc. 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.

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Quick analysis of Ionics Inc (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
₱0.07
Expected worth in 1 year
₱0.09
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
₱0.02
Return On Investment
2.0%

For what price can you sell your share?

Current Price per Share
₱1.03
Expected price per share
₱0.88 - ₱1.2
How sure are you?
50%

1. Valuation of Ionics Inc (5 min.)




Live pricePrice per Share (EOD)

₱1.03

2. Growth of Ionics Inc (5 min.)




Is Ionics Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$1m$974k$74.8k7.1%

How much money is Ionics Inc making?

Current yearPrevious yearGrowGrow %
Making money$77.4k$45.8k$31.5k40.8%
Net Profit Margin5.7%4.2%--

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

3. Financial Health of Ionics Inc (5 min.)




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

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

What can you expect buying and holding a share of Ionics Inc?

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

Speculation

The Price per Share of Ionics Inc is ₱1.03. 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 Ionics Inc.
  • 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 Ionics Inc, 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 ₱0.07. Based on the TTM, the Book Value Change Per Share is ₱0.01 per quarter. Based on the YOY, the Book Value Change Per Share is ₱0.00 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 ₱0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ionics Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share0.01-0.01-0.01-0.02-0.02-
Price to Earnings Ratio105.37-105.37-228.83-615.17-451.83-
Price-to-Total Gains Ratio108.97-108.97-172.80--109.27-17.25-
Price to Book Ratio7.78-7.78-10.77-17.59-17.75-
Price-to-Total Gains Ratio108.97-108.97-172.80--109.27-17.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.017922
Number of shares55797
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (55797 shares)4.993.39
Gains per Year (55797 shares)19.9613.57
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1020100144
20403002718
30605004132
40807005446
501009006860
6012011008174
7014013009588
801601500109102
901801700122116
1002001900136130

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.07.00.0%0.00.07.00.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%

Fundamentals of Ionics Inc

About Ionics Inc

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.

1.1. Profitability of Ionics Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ionics Inc earns for each ₱1 of revenue.

  • Above 10% is considered healthy but always compare Ionics Inc to the Semiconductors & Semiconductor Equipment industry mean.
  • A Net Profit Margin of 5.7% means that ₱0.06 for each ₱1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ionics Inc:

  • The MRQ is 5.7%. The company is making a profit. +1
  • The TTM is 5.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.7%TTM5.7%0.0%
TTM5.7%YOY4.2%+1.5%
TTM5.7%5Y4.9%+0.8%
5Y4.9%10Y4.7%+0.2%
1.1.2. Return on Assets

Shows how efficient Ionics Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ionics Inc to the Semiconductors & Semiconductor Equipment industry mean.
  • 3.7% Return on Assets means that Ionics Inc generated ₱0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ionics Inc:

  • The MRQ is 3.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.7%TTM3.7%0.0%
TTM3.7%YOY2.6%+1.1%
TTM3.7%5Y3.5%+0.2%
5Y3.5%10Y3.8%-0.3%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ionics Inc to the Semiconductors & Semiconductor Equipment industry mean.
  • 7.4% Return on Equity means Ionics Inc generated ₱0.07 for each ₱1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ionics Inc:

  • The MRQ is 7.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.4%TTM7.4%0.0%
TTM7.4%YOY4.7%+2.7%
TTM7.4%5Y5.7%+1.7%
5Y5.7%10Y5.9%-0.2%

1.2. Operating Efficiency of Ionics Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ionics Inc is operating .

  • Measures how much profit Ionics Inc 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 Ionics Inc to the Semiconductors & Semiconductor Equipment industry mean.
  • An Operating Margin of 0.0% means the company generated ₱0.00  for each ₱1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ionics Inc:

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

Measures how efficient Ionics Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Semiconductors & Semiconductor Equipment industry mean).
  • An Operation Ratio of 0.88 means that the operating costs are ₱0.88 for each ₱1 in net sales.

Let's take a look of the Operating Ratio trends of Ionics Inc:

  • The MRQ is 0.875. The company is less efficient in keeping operating costs low.
  • The TTM is 0.875. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.875TTM0.8750.000
TTM0.875YOY0.883-0.008
TTM0.8755Y0.878-0.003
5Y0.87810Y0.875+0.003

1.3. Liquidity of Ionics Inc.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Semiconductors & Semiconductor Equipment industry mean).
  • A Current Ratio of 1.69 means the company has ₱1.69 in assets for each ₱1 in short-term debts.

Let's take a look of the Current Ratio trends of Ionics Inc:

  • The MRQ is 1.685. The company is able to pay all its short-term debts. +1
  • The TTM is 1.685. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.685TTM1.6850.000
TTM1.685YOY1.842-0.157
TTM1.6855Y2.107-0.422
5Y2.10710Y2.316-0.209
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ionics Inc to the Semiconductors & Semiconductor Equipment industry mean.
  • A Quick Ratio of 0.82 means the company can pay off ₱0.82 for each ₱1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ionics Inc:

  • The MRQ is 0.823. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.823. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.823TTM0.8230.000
TTM0.823YOY1.027-0.204
TTM0.8235Y1.327-0.504
5Y1.32710Y1.500-0.173

1.4. Solvency of Ionics Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ionics Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ionics Inc to Semiconductors & Semiconductor Equipment industry mean.
  • A Debt to Asset Ratio of 0.50 means that Ionics Inc assets are financed with 50.0% credit (debt) and the remaining percentage (100% - 50.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ionics Inc:

  • The MRQ is 0.500. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.500. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.500TTM0.5000.000
TTM0.500YOY0.445+0.055
TTM0.5005Y0.394+0.107
5Y0.39410Y0.360+0.034
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ionics Inc to the Semiconductors & Semiconductor Equipment industry mean.
  • A Debt to Equity ratio of 100.2% means that company has ₱1.00 debt for each ₱1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ionics Inc:

  • The MRQ is 1.002. The company is able to pay all its debts with equity. +1
  • The TTM is 1.002. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.002TTM1.0020.000
TTM1.002YOY0.803+0.199
TTM1.0025Y0.676+0.325
5Y0.67610Y0.583+0.093

2. Market Valuation of Ionics Inc

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 Ionics Inc generates.

  • Above 15 is considered overpriced but always compare Ionics Inc to the Semiconductors & Semiconductor Equipment industry mean.
  • A PE ratio of 105.37 means the investor is paying ₱105.37 for every ₱1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ionics Inc:

  • The EOD is 193.806. Based on the earnings, the company is expensive. -2
  • The MRQ is 105.370. Based on the earnings, the company is expensive. -2
  • The TTM is 105.370. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD193.806MRQ105.370+88.436
MRQ105.370TTM105.3700.000
TTM105.370YOY228.829-123.458
TTM105.3705Y615.169-509.799
5Y615.16910Y451.828+163.341
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ionics Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Semiconductors & Semiconductor Equipment industry mean).
  • A PB ratio of 7.78 means the investor is paying ₱7.78 for each ₱1 in book value.

Let's take a look of the Price to Book Ratio trends of Ionics Inc:

  • The EOD is 14.304. Based on the equity, the company is expensive. -2
  • The MRQ is 7.777. Based on the equity, the company is overpriced. -1
  • The TTM is 7.777. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD14.304MRQ7.777+6.527
MRQ7.777TTM7.7770.000
TTM7.777YOY10.767-2.990
TTM7.7775Y17.588-9.812
5Y17.58810Y17.754-0.166
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ionics Inc 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--0.0050.0050%0.004+23%0.003+47%0.010-50%
Book Value Per Share--0.0720.0720%0.067+8%0.065+11%0.048+50%
Current Ratio--1.6851.6850%1.842-9%2.107-20%2.316-27%
Debt To Asset Ratio--0.5000.5000%0.445+12%0.394+27%0.360+39%
Debt To Equity Ratio--1.0021.0020%0.803+25%0.676+48%0.583+72%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0050.0050%0.003+69%0.004+43%0.003+82%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap--468793354.400468793354.4000%602734312.800-22%935912446.820-50%873482031.778-46%
Net Profit Margin--0.0570.0570%0.042+35%0.049+16%0.047+20%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.8750.8750%0.883-1%0.8780%0.875+0%
Pb Ratio14.304+46%7.7777.7770%10.767-28%17.588-56%17.754-56%
Pe Ratio193.806+46%105.370105.3700%228.829-54%615.169-83%451.828-77%
Price Per Share1.030+46%0.5600.5600%0.720-22%1.118-50%1.387-60%
Price To Free Cash Flow Ratio----0%-0%-0%-0%
Price To Total Gains Ratio200.429+46%108.971108.9710%172.802-37%-109.273+200%17.250+532%
Quick Ratio--0.8230.8230%1.027-20%1.327-38%1.500-45%
Return On Assets--0.0370.0370%0.026+41%0.035+5%0.038-3%
Return On Equity--0.0740.0740%0.047+57%0.057+30%0.059+25%
Total Gains Per Share--0.0050.0050%0.004+23%0.003+47%0.010-50%
Usd Book Value--1048889.4001048889.4000%974034.600+8%949208.280+11%846556.400+24%
Usd Book Value Change Per Share--0.0000.0000%0.000+23%0.000+47%0.000-50%
Usd Book Value Per Share--0.0010.0010%0.001+8%0.001+11%0.001+50%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.0000%0.000+69%0.000+43%0.000+82%
Usd Free Cash Flow----0%-0%-0%-0%
Usd Market Cap--8157004.3678157004.3670%10487577.043-22%16284876.575-50%15198587.353-46%
Usd Price Per Share0.018+46%0.0100.0100%0.013-22%0.019-50%0.024-60%
Usd Profit--77412.60077412.6000%45831.600+69%54100.080+43%50079.133+55%
Usd Revenue--1363394.4001363394.4000%1086943.200+25%1085579.040+26%1063209.600+28%
Usd Total Gains Per Share--0.0000.0000%0.000+23%0.000+47%0.000-50%
 EOD+2 -3MRQTTM+0 -0YOY+18 -85Y+19 -710Y+13 -13

3.2. Fundamental Score

Let's check the fundamental score of Ionics Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15193.806
Price to Book Ratio (EOD)Between0-114.304
Net Profit Margin (MRQ)Greater than00.057
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.823
Current Ratio (MRQ)Greater than11.685
Debt to Asset Ratio (MRQ)Less than10.500
Debt to Equity Ratio (MRQ)Less than11.002
Return on Equity (MRQ)Greater than0.150.074
Return on Assets (MRQ)Greater than0.050.037
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Ionics Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.785
Ma 20Greater thanMa 501.121
Ma 50Greater thanMa 1001.196
Ma 100Greater thanMa 2001.140
OpenGreater thanClose1.020
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets120,661
Total Liabilities60,380
Total Stockholder Equity60,281
 As reported
Total Liabilities 60,380
Total Stockholder Equity+ 60,281
Total Assets = 120,661

Assets

Total Assets120,661
Total Current Assets78,218
Long-term Assets-
Total Current Assets
Net Receivables 21,266
Inventory 36,964
Total Current Assets  (as reported)78,218
Total Current Assets  (calculated)58,230
+/- 19,988
Long-term Assets
Property Plant Equipment 25,816
Long-term Assets  (as reported)0
Long-term Assets  (calculated)25,816
+/- 25,816

Liabilities & Shareholders' Equity

Total Current Liabilities46,408
Long-term Liabilities-
Total Stockholder Equity60,281
Total Current Liabilities
Short-term Debt 18,000
Total Current Liabilities  (as reported)46,408
Total Current Liabilities  (calculated)18,000
+/- 28,408
Long-term Liabilities
Long term Debt Total 9,403
Long term Debt 7,418
Capital Lease Obligations Min Short Term Debt-18,000
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)-1,179
+/- 1,179
Total Stockholder Equity
Common Stock17,633
Retained Earnings 36,094
Capital Surplus 9,072
Total Stockholder Equity (as reported)60,281
Total Stockholder Equity (calculated)62,799
+/- 2,518
Other
Cash And Equivalents16,936
Cash and Short Term Investments 16,936
Common Stock Shares Outstanding 837,131
Liabilities and Stockholders Equity 120,661



Balance Sheet

Currency in PHP. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
55,531
59,419
58,383
68,742
71,491
79,425
88,022
100,928
120,661
120,661100,92888,02279,42571,49168,74258,38359,41955,531
   > Total Current Assets 
36,621
37,055
33,529
38,841
44,152
47,620
50,796
58,029
78,218
78,21858,02950,79647,62044,15238,84133,52937,05536,621
       Cash And Cash Equivalents 
7,049
10,284
13,144
9,961
16,483
18,567
18,460
0
0
0018,46018,56716,4839,96113,14410,2847,049
       Net Receivables 
14,873
14,110
11,382
15,710
12,944
15,480
15,261
17,773
21,266
21,26617,77315,26115,48012,94415,71011,38214,11014,873
       Inventory 
13,244
11,657
8,210
12,057
13,742
12,287
14,125
21,757
36,964
36,96421,75714,12512,28713,74212,0578,21011,65713,244
   > Long-term Assets 000000000
       Property Plant Equipment 
10,528
13,068
15,384
21,164
17,809
23,601
26,401
25,634
25,816
25,81625,63426,40123,60117,80921,16415,38413,06810,528
       Goodwill 
217
217
0
0
0
0
0
0
0
0000000217217
> Total Liabilities 
18,335
19,635
15,908
23,084
20,597
26,309
35,531
44,949
60,380
60,38044,94935,53126,30920,59723,08415,90819,63518,335
   > Total Current Liabilities 
14,703
14,725
11,041
17,149
16,353
19,612
26,999
31,500
46,408
46,40831,50026,99919,61216,35317,14911,04114,72514,703
       Short-term Debt 
0
0
0
0
0
0
8,000
11,000
18,000
18,00011,0008,000000000
   > Long-term Liabilities 000000000
       Long term Debt Total 
136
1,024
1,057
1,890
778
2,807
3,741
8,695
9,403
9,4038,6953,7412,8077781,8901,0571,024136
> Total Stockholder Equity
37,196
39,784
42,475
45,658
50,894
53,116
52,491
55,979
60,281
60,28155,97952,49153,11650,89445,65842,47539,78437,196
   Common Stock
17,633
17,633
17,633
17,633
17,633
17,633
17,633
17,633
17,633
17,63317,63317,63317,63317,63317,63317,63317,63317,633
   Retained Earnings 
10,540
13,368
16,124
19,775
24,699
27,993
28,209
31,276
36,094
36,09431,27628,20927,99324,69919,77516,12413,36810,540
   Accumulated Other Comprehensive Income 000000000
   Capital Surplus 
9,072
9,072
9,072
9,072
9,072
9,072
9,072
9,072
9,072
9,0729,0729,0729,0729,0729,0729,0729,0729,072
   Treasury Stock00-1,365-1,365-1,365-1,365-1,065-6020



Balance Sheet

Currency in PHP. All numbers in thousands.




Cash Flow

Currency in PHP. All numbers in thousands.




Income Statement

Currency in PHP. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue78,356
Cost of Revenue-68,586
Gross Profit9,7709,770
 
Operating Income (+$)
Gross Profit9,770
Operating Expense--
Operating Income5,3999,770
 
Operating Expense (+$)
Research Development-
Selling General Administrative4,172
Selling And Marketing Expenses-
Operating Expense-4,172
 
Net Interest Income (+$)
Interest Income1,006
Interest Expense--
Other Finance Cost-1,006
Net Interest Income-
 
Pretax Income (+$)
Operating Income5,399
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)5,0945,399
EBIT - interestExpense = 0
4,449
4,449
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-5,094
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax5,094
Tax Provision-574
Net Income From Continuing Ops-4,520
Net Income4,449
Net Income Applicable To Common Shares4,449
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-0
 

Technical Analysis of Ionics Inc
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 Ionics Inc. The general trend of Ionics Inc 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 Ionics Inc'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 Ionics Inc.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1.02 < 1.05 < 1.2.

The bearish price targets are: 0.97 > 0.9 > 0.88.

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Ionics Inc 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 Ionics Inc. The current mas is .

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

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

Ionics Inc 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 Ionics Inc. The current macd is -0.06485977.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ionics Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ionics Inc. 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 Ionics Inc 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
Ionics Inc Daily Moving Average Convergence/Divergence (MACD) ChartIonics Inc 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 Ionics Inc. The current adx is 31.21.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ionics Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Ionics Inc 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 Ionics Inc. The current sar is 1.10637192.

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
Ionics Inc 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 Ionics Inc. The current rsi is 37.78. 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
Ionics Inc Daily Relative Strength Index (RSI) ChartIonics Inc 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 Ionics Inc. 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 Ionics Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ionics Inc Daily Stochastic Oscillator ChartIonics Inc 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 Ionics Inc. The current cci is -75.49214376.

Ionics Inc Daily Commodity Channel Index (CCI) ChartIonics Inc 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 Ionics Inc. The current cmo is -22.96841451.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Ionics Inc Daily Chande Momentum Oscillator (CMO) ChartIonics Inc 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 Ionics Inc. The current willr is -70.

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 Ionics Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ionics Inc Daily Williams %R ChartIonics Inc 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 Ionics Inc.

Ionics Inc 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 Ionics Inc. The current atr is 0.05873201.

Ionics Inc Daily Average True Range (ATR) ChartIonics Inc 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 Ionics Inc. The current obv is 103,486,000.

Ionics Inc Daily On-Balance Volume (OBV) ChartIonics Inc 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 Ionics Inc. The current mfi is 27.68.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Ionics Inc Daily Money Flow Index (MFI) ChartIonics Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ionics Inc.

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
2023-11-24BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-11MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-12STOCH 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
2023-12-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12MACD 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-01DMI 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
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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-04-11MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Ionics Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ionics Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.785
Ma 20Greater thanMa 501.121
Ma 50Greater thanMa 1001.196
Ma 100Greater thanMa 2001.140
OpenGreater thanClose1.020
Total1/5 (20.0%)
Penke

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