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Macro Metals Ltd.
Buy, Hold or Sell?

Let's analyse Macro Metals Ltd. together

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

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

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

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Quick analysis of Macro Metals Ltd. (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$0.00
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
2.8%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.008 - A$0.017
How sure are you?
50%

1. Valuation of Macro Metals Ltd. (5 min.)




Live pricePrice per Share (EOD)

A$0.02

Intrinsic Value Per Share

A$0.00 - A$0.00

Total Value Per Share

A$0.00 - A$0.00

2. Growth of Macro Metals Ltd. (5 min.)




Is Macro Metals Ltd. growing?

Current yearPrevious yearGrowGrow %
How rich?$3.4m$3.7m-$246.6k-7.1%

How much money is Macro Metals Ltd. making?

Current yearPrevious yearGrowGrow %
Making money-$1.5m-$2m$449.5k28.4%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Macro Metals Ltd. (5 min.)




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




  Industry Rankings (Steel)  

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

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

What can you expect buying and holding a share of Macro Metals Ltd.?

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

Speculation

The Price per Share of Macro Metals Ltd. is A$0.017. 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 Macro Metals Ltd..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.00. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$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 A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Macro Metals Ltd..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-2.9%0.00-2.9%0.00-3.7%0.00-3.3%0.00-3.3%
Usd Book Value Change Per Share0.00-0.4%0.00-0.4%0.005.7%0.001.3%0.001.3%
Usd Dividend Per Share0.000.9%0.000.9%0.000.7%0.000.3%0.000.3%
Usd Total Gains Per Share0.000.5%0.000.5%0.006.5%0.001.6%0.001.6%
Usd Price Per Share0.00-0.00-0.00-0.02-0.02-
Price to Earnings Ratio-3.95--3.95--3.08--29.89--29.89-
Price-to-Total Gains Ratio25.29-25.29-1.77--103.97--103.97-
Price to Book Ratio1.80-1.80-1.68--76.40--76.40-
Price-to-Total Gains Ratio25.29-25.29-1.77--103.97--103.97-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0109684
Number of shares91171
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 (91171 shares)6.9824.61
Gains per Year (91171 shares)27.9198.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
156-2818207988
2111-564640157186
3167-837460236284
4223-11110280314382
5279-13913099393480
6334-167158119471578
7390-195186139550676
8446-223214159628774
9502-250242179707872
10557-278270199786970

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.05.00.00.0%0.05.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%2.03.00.040.0%2.03.00.040.0%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%2.00.03.040.0%2.00.03.040.0%2.00.03.040.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%3.02.00.060.0%3.02.00.060.0%

Fundamentals of Macro Metals Ltd.

About Macro Metals Ltd.

Macro Metals Limited, through its subsidiaries, engages in the exploration and evaluation of iron ore and other mineral properties in Australia and Nigeria. The company holds interest in the Agbaja iron ore and steel project located in Kogi State in the Republic of Nigeria; and interest in the Mogul VMS project located in Western Australia. It also owns iron ore projects in the Pilbara region of Western Australia. The company was formerly known as Kogi Iron Limited and changed its name to Macro Metals Limited in December 2022. Macro Metals Limited was incorporated in 1980 and is based in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-04-18 03:56:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
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
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Macro Metals Ltd. earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Macro Metals Ltd. to the Steel industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Macro Metals Ltd.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-10,273,868.2%+10,273,868.2%
5Y-10,273,868.2%10Y-10,273,868.2%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.9%-2.9%
TTM-3.0%-3.0%
YOY-4.7%-4.7%
5Y-10,273,868.2%3.7%-10,273,871.9%
10Y-10,273,868.2%2.7%-10,273,870.9%
1.1.2. Return on Assets

Shows how efficient Macro Metals Ltd. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Macro Metals Ltd. to the Steel industry mean.
  • -41.0% Return on Assets means that Macro Metals Ltd. generated $-0.41 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Macro Metals Ltd.:

  • The MRQ is -41.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -41.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-41.0%TTM-41.0%0.0%
TTM-41.0%YOY-45.7%+4.8%
TTM-41.0%5Y-107.4%+66.4%
5Y-107.4%10Y-107.4%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-41.0%1.2%-42.2%
TTM-41.0%1.3%-42.3%
YOY-45.7%2.2%-47.9%
5Y-107.4%1.6%-109.0%
10Y-107.4%1.2%-108.6%
1.1.3. Return on Equity

Shows how efficient Macro Metals Ltd. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Macro Metals Ltd. to the Steel industry mean.
  • -45.5% Return on Equity means Macro Metals Ltd. generated $-0.46 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Macro Metals Ltd.:

  • The MRQ is -45.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -45.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-45.5%TTM-45.5%0.0%
TTM-45.5%YOY-54.6%+9.0%
TTM-45.5%5Y-126.7%+81.2%
5Y-126.7%10Y-126.7%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-45.5%2.3%-47.8%
TTM-45.5%2.5%-48.0%
YOY-54.6%4.9%-59.5%
5Y-126.7%3.2%-129.9%
10Y-126.7%2.2%-128.9%

1.2. Operating Efficiency of Macro Metals Ltd..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Macro Metals Ltd. is operating .

  • Measures how much profit Macro Metals Ltd. makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Macro Metals Ltd. to the Steel 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 Macro Metals Ltd.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-8,989,690.2%+8,989,690.2%
5Y-8,989,690.2%10Y-8,989,690.2%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.3%-6.3%
TTM-3.8%-3.8%
YOY-6.2%-6.2%
5Y-8,989,690.2%5.6%-8,989,695.8%
10Y-8,989,690.2%4.4%-8,989,694.6%
1.2.2. Operating Ratio

Measures how efficient Macro Metals Ltd. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Macro Metals Ltd.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y78,517.567-78,517.567
5Y78,517.56710Y78,517.5670.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.722-1.722
TTM-1.646-1.646
YOY-1.497-1.497
5Y78,517.5671.520+78,516.047
10Y78,517.5671.379+78,516.188

1.3. Liquidity of Macro Metals Ltd..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Macro Metals Ltd. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 0.97 means the company has $0.97 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Macro Metals Ltd.:

  • The MRQ is 0.972. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.972. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.972TTM0.9720.000
TTM0.972YOY1.459-0.487
TTM0.9725Y2.075-1.103
5Y2.07510Y2.0750.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9721.701-0.729
TTM0.9721.743-0.771
YOY1.4591.640-0.181
5Y2.0751.608+0.467
10Y2.0751.464+0.611
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Macro Metals Ltd. to the Steel industry mean.
  • A Quick Ratio of 0.88 means the company can pay off $0.88 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Macro Metals Ltd.:

  • The MRQ is 0.880. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.880. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.880TTM0.8800.000
TTM0.880YOY1.406-0.526
TTM0.8805Y2.016-1.136
5Y2.01610Y2.0160.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8800.573+0.307
TTM0.8800.616+0.264
YOY1.4060.695+0.711
5Y2.0160.683+1.333
10Y2.0160.632+1.384

1.4. Solvency of Macro Metals Ltd..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Macro Metals Ltd. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Macro Metals Ltd. to Steel industry mean.
  • A Debt to Asset Ratio of 0.10 means that Macro Metals Ltd. assets are financed with 10.0% credit (debt) and the remaining percentage (100% - 10.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Macro Metals Ltd.:

  • The MRQ is 0.100. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.100. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.100TTM0.1000.000
TTM0.100YOY0.162-0.062
TTM0.1005Y0.482-0.382
5Y0.48210Y0.4820.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1000.448-0.348
TTM0.1000.453-0.353
YOY0.1620.475-0.313
5Y0.4820.487-0.005
10Y0.4820.510-0.028
1.4.2. Debt to Equity Ratio

Measures if Macro Metals Ltd. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Macro Metals Ltd. to the Steel industry mean.
  • A Debt to Equity ratio of 11.1% means that company has $0.11 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Macro Metals Ltd.:

  • The MRQ is 0.111. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.111. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.111TTM0.1110.000
TTM0.111YOY0.193-0.082
TTM0.1115Y0.587-0.477
5Y0.58710Y0.5870.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1110.812-0.701
TTM0.1110.815-0.704
YOY0.1930.928-0.735
5Y0.5870.996-0.409
10Y0.5871.196-0.609

2. Market Valuation of Macro Metals Ltd.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Macro Metals Ltd. to the Steel industry mean.
  • A PE ratio of -3.95 means the investor is paying $-3.95 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Macro Metals Ltd.:

  • The EOD is -22.376. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.949. Based on the earnings, the company is expensive. -2
  • The TTM is -3.949. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-22.376MRQ-3.949-18.427
MRQ-3.949TTM-3.9490.000
TTM-3.949YOY-3.076-0.872
TTM-3.9495Y-29.885+25.937
5Y-29.88510Y-29.8850.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-22.3768.471-30.847
MRQ-3.9498.139-12.088
TTM-3.9497.349-11.298
YOY-3.0766.692-9.768
5Y-29.8858.615-38.500
10Y-29.88511.300-41.185
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Macro Metals Ltd.:

  • The EOD is -28.890. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.098. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.098. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-28.890MRQ-5.098-23.792
MRQ-5.098TTM-5.0980.000
TTM-5.098YOY-3.933-1.165
TTM-5.0985Y-18.239+13.141
5Y-18.23910Y-18.2390.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-28.8903.564-32.454
MRQ-5.0983.326-8.424
TTM-5.0982.228-7.326
YOY-3.9331.490-5.423
5Y-18.2391.327-19.566
10Y-18.2391.941-20.180
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 1.80 means the investor is paying $1.80 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Macro Metals Ltd.:

  • The EOD is 10.183. Based on the equity, the company is expensive. -2
  • The MRQ is 1.797. Based on the equity, the company is underpriced. +1
  • The TTM is 1.797. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD10.183MRQ1.797+8.386
MRQ1.797TTM1.7970.000
TTM1.797YOY1.678+0.119
TTM1.7975Y-76.396+78.193
5Y-76.39610Y-76.3960.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD10.1830.978+9.205
MRQ1.7970.909+0.888
TTM1.7970.927+0.870
YOY1.6781.034+0.644
5Y-76.3961.041-77.437
10Y-76.3961.128-77.524
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0000.0000%0.002-108%0.000-135%0.000-135%
Book Value Per Share--0.0020.0020%0.002-7%0.001+107%0.001+107%
Current Ratio--0.9720.9720%1.459-33%2.075-53%2.075-53%
Debt To Asset Ratio--0.1000.1000%0.162-38%0.482-79%0.482-79%
Debt To Equity Ratio--0.1110.1110%0.193-43%0.587-81%0.587-81%
Dividend Per Share--0.0000.0000%0.000+28%0.000+180%0.000+180%
Eps---0.001-0.0010%-0.001+28%-0.001+14%-0.001+14%
Free Cash Flow Per Share---0.001-0.0010%-0.001+30%-0.001+8%-0.001+8%
Free Cash Flow To Equity Per Share--0.0000.0000%0.000+38%0.000-77%0.000-77%
Gross Profit Margin--1.6091.6090%1.000+61%1.122+43%1.122+43%
Intrinsic Value_10Y_max---0.003--------
Intrinsic Value_10Y_min---0.003--------
Intrinsic Value_1Y_max---0.001--------
Intrinsic Value_1Y_min---0.001--------
Intrinsic Value_3Y_max---0.001--------
Intrinsic Value_3Y_min---0.001--------
Intrinsic Value_5Y_max---0.002--------
Intrinsic Value_5Y_min---0.002--------
Market Cap54962191.360+82%9699210.2409699210.2400%9699210.2400%81214720.410-88%81214720.410-88%
Net Profit Margin----0%-0%-102738.6820%-102738.6820%
Operating Margin----0%-0%-89896.9020%-89896.9020%
Operating Ratio----0%-0%78517.567-100%78517.567-100%
Pb Ratio10.183+82%1.7971.7970%1.678+7%-76.396+4351%-76.396+4351%
Pe Ratio-22.376-467%-3.949-3.9490%-3.076-22%-29.885+657%-29.885+657%
Price Per Share0.017+82%0.0030.0030%0.0030%0.025-88%0.025-88%
Price To Free Cash Flow Ratio-28.890-467%-5.098-5.0980%-3.933-23%-18.239+258%-18.239+258%
Price To Total Gains Ratio143.309+82%25.29025.2900%1.765+1333%-103.974+511%-103.974+511%
Quick Ratio--0.8800.8800%1.406-37%2.016-56%2.016-56%
Return On Assets---0.410-0.4100%-0.457+12%-1.074+162%-1.074+162%
Return On Equity---0.455-0.4550%-0.546+20%-1.267+178%-1.267+178%
Total Gains Per Share--0.0000.0000%0.002-93%0.000-72%0.000-72%
Usd Book Value--3482335.3793482335.3790%3728999.856-7%1681362.166+107%1681362.166+107%
Usd Book Value Change Per Share--0.0000.0000%0.001-108%0.000-135%0.000-135%
Usd Book Value Per Share--0.0010.0010%0.001-7%0.001+107%0.001+107%
Usd Dividend Per Share--0.0000.0000%0.000+28%0.000+180%0.000+180%
Usd Eps--0.0000.0000%-0.001+28%-0.001+14%-0.001+14%
Usd Free Cash Flow---1227472.354-1227472.3540%-1591123.204+30%-1058932.177-14%-1058932.177-14%
Usd Free Cash Flow Per Share--0.0000.0000%0.000+30%0.000+8%0.000+8%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000+38%0.000-77%0.000-77%
Usd Market Cap35461605.865+82%6257930.4476257930.4470%6257930.4470%52399737.608-88%52399737.608-88%
Usd Price Per Share0.011+82%0.0020.0020%0.0020%0.016-88%0.016-88%
Usd Profit---1584840.246-1584840.2460%-2034345.279+28%-1804900.158+14%-1804900.158+14%
Usd Revenue----0%-0%2.960-100%2.960-100%
Usd Total Gains Per Share--0.0000.0000%0.001-93%0.000-72%0.000-72%
 EOD+6 -2MRQTTM+0 -0YOY+18 -105Y+18 -1610Y+18 -16

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-22.376
Price to Book Ratio (EOD)Between0-110.183
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.880
Current Ratio (MRQ)Greater than10.972
Debt to Asset Ratio (MRQ)Less than10.100
Debt to Equity Ratio (MRQ)Less than10.111
Return on Equity (MRQ)Greater than0.15-0.455
Return on Assets (MRQ)Greater than0.05-0.410
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5084.459
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.007
Ma 100Greater thanMa 2000.005
OpenGreater thanClose0.015
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. All numbers in thousands.

Summary
Total Assets5,994
Total Liabilities597
Total Stockholder Equity5,397
 As reported
Total Liabilities 597
Total Stockholder Equity+ 5,397
Total Assets = 5,994

Assets

Total Assets5,994
Total Current Assets580
Long-term Assets5,414
Total Current Assets
Cash And Cash Equivalents 467
Net Receivables 58
Other Current Assets 55
Total Current Assets  (as reported)580
Total Current Assets  (calculated)580
+/-0
Long-term Assets
Property Plant Equipment 77
Long-term Assets Other 5,337
Long-term Assets  (as reported)5,414
Long-term Assets  (calculated)5,414
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities597
Long-term Liabilities0
Total Stockholder Equity5,397
Total Current Liabilities
Accounts payable 496
Other Current Liabilities 101
Total Current Liabilities  (as reported)597
Total Current Liabilities  (calculated)597
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock83,709
Retained Earnings -78,400
Accumulated Other Comprehensive Income 88
Other Stockholders Equity 0
Total Stockholder Equity (as reported)5,397
Total Stockholder Equity (calculated)5,397
+/-0
Other
Cash and Short Term Investments 467
Common Stock Shares Outstanding 1,818,756
Liabilities and Stockholders Equity 5,994
Net Debt -467
Net Working Capital -17



Balance Sheet

All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-30
> Total Assets 
1,478
1,642
3,051
6,893
5,994
5,9946,8933,0511,6421,478
   > Total Current Assets 
1,477
1,473
2,982
1,625
580
5801,6252,9821,4731,477
       Cash And Cash Equivalents 
1,427
573
2,955
1,520
467
4671,5202,9555731,427
       Short-term Investments 
0
851
0
0
0
0008510
       Net Receivables 
12
16
23
46
58
5846231612
       Other Current Assets 
0
884
3
59
55
555938840
   > Long-term Assets 
1
169
70
5,268
5,414
5,4145,268701691
       Property Plant Equipment 
1
3
70
5,268
77
775,2687031
> Total Liabilities 
1,897
255
2,167
1,113
597
5971,1132,1672551,897
   > Total Current Liabilities 
1,897
255
2,167
1,113
597
5971,1132,1672551,897
       Accounts payable 
480
33
81
86
496
496868133480
       Other Current Liabilities 
1,417
221
2,086
1,028
101
1011,0282,0862211,417
   > Long-term Liabilities 00000
> Total Stockholder Equity
-419
1,388
885
5,780
5,397
5,3975,7808851,388-419
   Common Stock
67,931
72,264
73,901
81,909
83,709
83,70981,90973,90172,26467,931
   Retained Earnings -78,400-77,775-75,706-73,711-70,615
   Accumulated Other Comprehensive Income 
2,264
2,835
2,689
1,646
88
881,6462,6892,8352,264
   Capital Surplus 00000
   Treasury Stock00000



Balance Sheet

All numbers in thousands.




Cash Flow

All numbers in thousands.




Income Statement

All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-30
Gross Profit-30-30
 
Operating Income (+$)
Gross Profit-30
Operating Expense-2,090
Operating Income-2,120-2,120
 
Operating Expense (+$)
Research Development0
Selling General Administrative595
Selling And Marketing Expenses1,495
Operating Expense2,0902,090
 
Net Interest Income (+$)
Interest Income0
Interest Expense-5
Other Finance Cost-5
Net Interest Income0
 
Pretax Income (+$)
Operating Income-2,120
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-2,456-1,785
EBIT - interestExpense = -2,125
-2,456
-2,452
Interest Expense5
Earnings Before Interest and Taxes (EBIT)-2,120-2,452
Earnings Before Interest and Taxes (EBITDA)-2,090
 
After tax Income (+$)
Income Before Tax-2,456
Tax Provision-0
Net Income From Continuing Ops0-2,456
Net Income-2,456
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,120
Total Other Income/Expenses Net-3360
 

Technical Analysis of Macro Metals Ltd.
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Macro Metals Ltd.. The general trend of Macro Metals Ltd. is BULLISH with 100.0% 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 Macro Metals Ltd.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
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 Macro Metals Ltd..

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: 0.017.

The bearish price targets are: 0.008 > 0.008 > 0.008.

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Macro Metals Ltd. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Macro Metals Ltd.. The current mas is .

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

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

Directionalities and relatives.

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

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

Macro Metals Ltd. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Macro Metals Ltd.. The current macd is 0.00263739.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Macro Metals Ltd. price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Macro Metals Ltd.. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Macro Metals Ltd. price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Macro Metals Ltd. Daily Moving Average Convergence/Divergence (MACD) ChartMacro Metals Ltd. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Macro Metals Ltd.. The current adx is 57.47.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Macro Metals Ltd. shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Macro Metals Ltd. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Macro Metals Ltd.. The current sar is 0.014.

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
Macro Metals Ltd. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Macro Metals Ltd.. The current rsi is 84.46. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Macro Metals Ltd. Daily Relative Strength Index (RSI) ChartMacro Metals Ltd. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Macro Metals Ltd.. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Macro Metals Ltd. price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Macro Metals Ltd. Daily Stochastic Oscillator ChartMacro Metals Ltd. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Macro Metals Ltd.. The current cci is 113.01.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Macro Metals Ltd. Daily Commodity Channel Index (CCI) ChartMacro Metals Ltd. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Macro Metals Ltd.. The current cmo is 73.64.

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
Macro Metals Ltd. Daily Chande Momentum Oscillator (CMO) ChartMacro Metals Ltd. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Macro Metals Ltd.. The current willr is -9.09090909.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Macro Metals Ltd. Daily Williams %R ChartMacro Metals Ltd. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Macro Metals Ltd..

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

Score

Let's take a look at the Average True Range (ATR) of Macro Metals Ltd.. The current atr is 0.00146585.

Macro Metals Ltd. Daily Average True Range (ATR) ChartMacro Metals Ltd. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Macro Metals Ltd.. The current obv is 594,338,052.

Macro Metals Ltd. Daily On-Balance Volume (OBV) ChartMacro Metals Ltd. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Macro Metals Ltd.. The current mfi is 80.71.

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

  • MFI > 50: +1
  • MFI > 80: +1
Macro Metals Ltd. Daily Money Flow Index (MFI) ChartMacro Metals Ltd. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Macro Metals Ltd..

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05DMI 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
2023-12-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-09DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-12SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-06DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27WILLR 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).
2024-03-28RSI 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).
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-23CCI 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Macro Metals Ltd. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5084.459
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.007
Ma 100Greater thanMa 2000.005
OpenGreater thanClose0.015
Total4/5 (80.0%)
Penke

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