25 XP   0   0   10

Matsa Resources Ltd
Buy, Hold or Sell?

Let's analyse Matsa together

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

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

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

Get notifications about Matsa Resources Ltd

I send you an email if I find something interesting about Matsa Resources Ltd.

Quick analysis of Matsa (30 sec.)










What can you expect buying and holding a share of Matsa? (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?
0.0%

What is your share worth?

Current worth
A$0.03
Expected worth in 1 year
A$0.02
How sure are you?
25.6%

+ What do you gain per year?

Total Gains per Share
A$-0.01
Return On Investment
-32.8%

For what price can you sell your share?

Current Price per Share
A$0.03
Expected price per share
A$0.03 - A$0.037
How sure are you?
50%

1. Valuation of Matsa (5 min.)




Live pricePrice per Share (EOD)

A$0.03

Intrinsic Value Per Share

A$-0.15 - A$-0.15

Total Value Per Share

A$-0.12 - A$-0.12

2. Growth of Matsa (5 min.)




Is Matsa growing?

Current yearPrevious yearGrowGrow %
How rich?$8.1m$9.3m$2.9b99.7%

How much money is Matsa making?

Current yearPrevious yearGrowGrow %
Making money-$1.1m-$448.8k-$680k-60.2%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Matsa (5 min.)




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




  Industry Rankings (Gold)  


Richest
#282 / 509

Most Revenue
#255 / 509

Most Profit
#329 / 509

Most Efficient
#253 / 509

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

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

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

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

Speculation

The Price per Share of Matsa is A$0.03. 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 Matsa.
  • 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 Matsa, 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$0.03. 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 Matsa.

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 Eps0.00-14.2%-1.59-5,307.2%0.772,578.4%-0.09-301.0%-0.04-147.8%
Usd Book Value Change Per Share-18.67-62,246.5%0.00-5.3%0.000.2%0.00-1.3%0.00-0.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-18.67-62,246.5%0.00-5.3%0.000.2%0.00-1.3%0.00-0.4%
Usd Price Per Share0.02-0.02-0.03-0.05-0.09-
Price to Earnings Ratio-1.00--0.33--1.99--5.36--17.98-
Price-to-Total Gains Ratio0.00--2.73--2.57--85.42--1,277.19-
Price to Book Ratio1.00-0.79-1.58-2.64-4.03-
Price-to-Total Gains Ratio0.00--2.73--2.57--85.42--1,277.19-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.019569
Number of shares51101
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 (51101 shares)-81.88-19.62
Gains per Year (51101 shares)-327.50-78.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-328-3380-78-88
20-655-6660-157-166
30-983-9940-235-244
40-1310-13220-314-322
50-1638-16500-392-400
60-1965-19780-471-478
70-2293-23060-549-556
80-2620-26340-628-634
90-2948-29620-706-712
100-3275-32900-785-790

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 Share0.03.00.00.0%2.09.00.018.2%2.017.00.010.5%6.033.00.015.4%6.070.00.07.9%
Book Value Change Per Share1.02.00.033.3%3.04.04.027.3%5.07.07.026.3%10.018.011.025.6%25.028.023.032.9%
Dividend per Share0.00.03.00.0%0.00.011.00.0%0.00.019.00.0%0.00.039.00.0%0.00.076.00.0%
Total Gains per Share1.02.00.033.3%3.04.04.027.3%5.07.07.026.3%10.018.011.025.6%25.028.023.032.9%

Fundamentals of Matsa

About Matsa Resources Ltd

Matsa Resources Limited engages in the exploration of mineral resources in Western Australia and Thailand. The company primarily explores for gold, copper, silver, lead, lithium, tin, rare earth elements, and base metals. Its flagship project is the Lake Carey Gold project that comprises approximately 449 square kilometers of prospective tenements within the Laverton Tectonic Zone of the Kurnalpi Terrane in Western Australia's eastern goldfields region, as well as Devon, Fortitude North, Fortitude Stage 2 Gold Mine, and Red October projects located in Australia. The company also holds special prospecting license applications in Rose Panther project located in Phang Nga, Pink Panther and Black Panther projects located in Kanchanaburi, and Spotted Panther project located in Ratchaburi, as well as holds interest in Thali High Grade Silver-Lead, Chang Copper, and Siam Copper projects located in Thailand. Matsa Resources Limited was incorporated in 2003 and is headquartered in Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-20 23:28:04.

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 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 able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
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 Matsa Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Matsa to the Gold 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 Matsa Resources 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-34.3%+34.3%
5Y-34.3%10Y-47.5%+13.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--3.3%+3.3%
TTM--5.1%+5.1%
YOY--4.4%+4.4%
5Y-34.3%-17.8%-16.5%
10Y-47.5%-23.5%-24.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Matsa to the Gold industry mean.
  • -13.7% Return on Assets means that Matsa generated $-0.14 profit for each $1 in assets.

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

  • The MRQ is -13.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -6.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.7%TTM-6.1%-7.6%
TTM-6.1%YOY-3.3%-2.7%
TTM-6.1%5Y-6.7%+0.6%
5Y-6.7%10Y-4.1%-2.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.7%-3.8%-9.9%
TTM-6.1%-4.1%-2.0%
YOY-3.3%-4.3%+1.0%
5Y-6.7%-6.3%-0.4%
10Y-4.1%-8.1%+4.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Matsa to the Gold industry mean.
  • -25.2% Return on Equity means Matsa generated $-0.25 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -25.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -18.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-25.2%TTM-18.8%-6.4%
TTM-18.8%YOY-0.2%-18.6%
TTM-18.8%5Y-11.7%-7.1%
5Y-11.7%10Y-6.8%-4.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-25.2%-3.7%-21.5%
TTM-18.8%-4.1%-14.7%
YOY-0.2%-4.7%+4.5%
5Y-11.7%-7.3%-4.4%
10Y-6.8%-9.9%+3.1%

1.2. Operating Efficiency of Matsa Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Matsa is operating .

  • Measures how much profit Matsa 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 Matsa to the Gold 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 Matsa Resources 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-28.3%+28.3%
5Y-28.3%10Y-129.0%+100.7%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--3.9%+3.9%
TTM-2.9%-2.9%
YOY-1.1%-1.1%
5Y-28.3%-8.3%-20.0%
10Y-129.0%-16.3%-112.7%
1.2.2. Operating Ratio

Measures how efficient Matsa is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold 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 Matsa Resources Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.530-0.530
5Y0.53010Y1.249-0.719
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.410-1.410
TTM-1.341-1.341
YOY-1.407-1.407
5Y0.5301.497-0.967
10Y1.2491.450-0.201

1.3. Liquidity of Matsa Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 0.30 means the company has $0.30 in assets for each $1 in short-term debts.

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

  • The MRQ is 0.298. The company is unable to pay all its short-term debts. -2
  • The TTM is 1.117. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.298TTM1.117-0.819
TTM1.117YOY1.646-0.528
TTM1.1175Y0.968+0.149
5Y0.96810Y1.199-0.231
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2982.472-2.174
TTM1.1172.573-1.456
YOY1.6463.584-1.938
5Y0.9684.058-3.090
10Y1.1994.609-3.410
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Matsa to the Gold industry mean.
  • A Quick Ratio of 0.27 means the company can pay off $0.27 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.269. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.210. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.269TTM0.210+0.059
TTM0.210YOY0.521-0.312
TTM0.2105Y0.330-0.120
5Y0.33010Y0.543-0.213
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2690.717-0.448
TTM0.2100.641-0.431
YOY0.5211.015-0.494
5Y0.3301.265-0.935
10Y0.5431.372-0.829

1.4. Solvency of Matsa Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Matsa to Gold industry mean.
  • A Debt to Asset Ratio of 0.45 means that Matsa assets are financed with 45.3% credit (debt) and the remaining percentage (100% - 45.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.453. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.424. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.453TTM0.424+0.029
TTM0.424YOY0.410+0.014
TTM0.4245Y0.412+0.012
5Y0.41210Y0.271+0.141
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4530.186+0.267
TTM0.4240.189+0.235
YOY0.4100.167+0.243
5Y0.4120.220+0.192
10Y0.2710.247+0.024
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Matsa to the Gold industry mean.
  • A Debt to Equity ratio of 83.3% means that company has $0.83 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.833. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.465. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.833TTM1.465-0.631
TTM1.465YOY1.248+0.216
TTM1.4655Y0.936+0.528
5Y0.93610Y0.551+0.385
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8330.188+0.645
TTM1.4650.195+1.270
YOY1.2480.184+1.064
5Y0.9360.240+0.696
10Y0.5510.282+0.269

2. Market Valuation of Matsa Resources Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Matsa to the Gold industry mean.
  • A PE ratio of -1.00 means the investor is paying $-1.00 for every $1 in earnings.

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

  • The EOD is -1.150. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.996. Based on the earnings, the company is expensive. -2
  • The TTM is -0.334. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.150MRQ-0.996-0.153
MRQ-0.996TTM-0.334-0.662
TTM-0.334YOY-1.994+1.660
TTM-0.3345Y-5.361+5.027
5Y-5.36110Y-17.979+12.618
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-1.150-3.169+2.019
MRQ-0.996-3.652+2.656
TTM-0.334-4.059+3.725
YOY-1.994-6.654+4.660
5Y-5.361-9.019+3.658
10Y-17.979-9.291-8.688
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.502. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.302. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.287. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.502MRQ-1.302-0.200
MRQ-1.302TTM-2.287+0.985
TTM-2.287YOY14.406-16.693
TTM-2.2875Y-1.764-0.523
5Y-1.76410Y-10.357+8.593
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-1.502-3.375+1.873
MRQ-1.302-3.869+2.567
TTM-2.287-4.728+2.441
YOY14.406-6.752+21.158
5Y-1.764-10.406+8.642
10Y-10.357-11.432+1.075
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 1.00 means the investor is paying $1.00 for each $1 in book value.

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

  • The EOD is 1.152. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.998. Based on the equity, the company is cheap. +2
  • The TTM is 0.787. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.152MRQ0.998+0.154
MRQ0.998TTM0.787+0.211
TTM0.787YOY1.581-0.794
TTM0.7875Y2.644-1.857
5Y2.64410Y4.028-1.384
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD1.1521.061+0.091
MRQ0.9981.178-0.180
TTM0.7871.240-0.453
YOY1.5811.800-0.219
5Y2.6442.421+0.223
10Y4.0282.540+1.488
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Matsa Resources Ltd.

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---28.628-0.002-100%0.000-27283436%-0.001-100%0.000-100%
Book Value Per Share--0.0269.570-100%0.030-13%1.538-98%0.768-97%
Current Ratio--0.2981.117-73%1.646-82%0.968-69%1.199-75%
Debt To Asset Ratio--0.4530.424+7%0.410+11%0.412+10%0.271+67%
Debt To Equity Ratio--0.8331.465-43%1.248-33%0.936-11%0.551+51%
Dividend Per Share----0%-0%-0%-0%
Eps---0.007-2.441+37314%1.186-101%-0.138+2022%-0.068+942%
Free Cash Flow Per Share---0.005-0.004-22%0.001-639%-0.004-28%-0.003-33%
Free Cash Flow To Equity Per Share--0.000-0.002+1999%0.002-107%-0.002+1415%-0.002+2200%
Gross Profit Margin--1.0001.280-22%0.943+6%1.328-25%1.160-14%
Intrinsic Value_10Y_max---0.146--------
Intrinsic Value_10Y_min---0.148--------
Intrinsic Value_1Y_max---0.013--------
Intrinsic Value_1Y_min---0.014--------
Intrinsic Value_3Y_max---0.041--------
Intrinsic Value_3Y_min---0.043--------
Intrinsic Value_5Y_max---0.070--------
Intrinsic Value_5Y_min---0.072--------
Market Cap14364720.000+13%12449424.00016120408.000-23%21666786.000-43%40175853.726-69%67150768.862-81%
Net Profit Margin----0%-0%-0.3430%-0.4750%
Operating Margin----0%-0%-0.2830%-1.2900%
Operating Ratio----0%-0%0.530-100%1.249-100%
Pb Ratio1.152+13%0.9980.787+27%1.581-37%2.644-62%4.028-75%
Pe Ratio-1.150-15%-0.996-0.334-66%-1.994+100%-5.361+438%-17.979+1704%
Price Per Share0.030+13%0.0260.034-23%0.045-43%0.084-69%0.140-81%
Price To Free Cash Flow Ratio-1.502-15%-1.302-2.287+76%14.406-109%-1.764+36%-10.357+696%
Price To Total Gains Ratio-0.001-15%-0.001-2.731+300589%-2.574+283329%-85.422+9405489%-1277.185+140627004%
Quick Ratio--0.2690.210+28%0.521-49%0.330-19%0.543-51%
Return On Assets---0.137-0.061-56%-0.033-76%-0.067-51%-0.041-70%
Return On Equity---0.252-0.188-26%-0.002-99%-0.117-54%-0.068-73%
Total Gains Per Share---28.628-0.002-100%0.000-27283436%-0.001-100%0.000-100%
Usd Book Value--8134886.7892988916061.060-100%9309857.167-13%480222538.316-98%239729839.412-97%
Usd Book Value Change Per Share---18.674-0.002-100%0.000-27283436%0.000-100%0.000-100%
Usd Book Value Per Share--0.0176.242-100%0.019-13%1.003-98%0.501-97%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.004-1.592+37314%0.774-101%-0.090+2022%-0.044+942%
Usd Free Cash Flow---1559329.021-1222046.869-22%289164.264-639%-1122794.223-28%-1047246.329-33%
Usd Free Cash Flow Per Share---0.003-0.003-22%0.001-639%-0.002-28%-0.002-33%
Usd Free Cash Flow To Equity Per Share--0.000-0.001+1999%0.001-107%-0.001+1415%-0.002+2200%
Usd Market Cap9370106.856+13%8120759.27510515342.138-23%14133244.508-43%26206709.386-69%43802446.528-81%
Usd Price Per Share0.020+13%0.0170.022-23%0.030-43%0.055-69%0.091-81%
Usd Profit---2037607.122-1128924.086-45%-448852.848-78%-1150092.892-44%-689242.910-66%
Usd Revenue----0%-0%903940.500-100%730987.317-100%
Usd Total Gains Per Share---18.674-0.002-100%0.000-27283436%0.000-100%0.000-100%
 EOD+5 -3MRQTTM+9 -21YOY+6 -245Y+9 -2310Y+8 -24

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.150
Price to Book Ratio (EOD)Between0-11.152
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.269
Current Ratio (MRQ)Greater than10.298
Debt to Asset Ratio (MRQ)Less than10.453
Debt to Equity Ratio (MRQ)Less than10.833
Return on Equity (MRQ)Greater than0.15-0.252
Return on Assets (MRQ)Greater than0.05-0.137
Total2/10 (20.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.531
Ma 20Greater thanMa 500.029
Ma 50Greater thanMa 1000.028
Ma 100Greater thanMa 2000.028
OpenGreater thanClose0.030
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-12-31
Net Working Capital  5,95605,956-3,2832,67202,672-5,116-2,444



Latest Balance Sheet

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

Summary
Total Assets22,798
Total Liabilities10,327
Total Stockholder Equity12,392
 As reported
Total Liabilities 10,327
Total Stockholder Equity+ 12,392
Total Assets = 22,798

Assets

Total Assets22,798
Total Current Assets1,038
Long-term Assets21,760
Total Current Assets
Cash And Cash Equivalents 747
Net Receivables 188
Other Current Assets 103
Total Current Assets  (as reported)1,038
Total Current Assets  (calculated)1,038
+/-0
Long-term Assets
Property Plant Equipment 364
Long-term Assets Other 21,196
Long-term Assets  (as reported)21,760
Long-term Assets  (calculated)21,560
+/- 200

Liabilities & Shareholders' Equity

Total Current Liabilities3,481
Long-term Liabilities6,845
Total Stockholder Equity12,392
Total Current Liabilities
Short-term Debt 1,101
Accounts payable 1,184
Other Current Liabilities 1,196
Total Current Liabilities  (as reported)3,481
Total Current Liabilities  (calculated)3,481
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)6,845
Long-term Liabilities  (calculated)0
+/- 6,845
Total Stockholder Equity
Common Stock67,408
Retained Earnings -65,397
Accumulated Other Comprehensive Income 10,381
Total Stockholder Equity (as reported)12,392
Total Stockholder Equity (calculated)12,392
+/-0
Other
Cash and Short Term Investments 747
Common Stock Shares Outstanding 452,714
Liabilities and Stockholders Equity 22,798
Net Debt 4,347
Net Working Capital -2,444
Short Long Term Debt Total 5,094



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-12-312023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-30
> Total Assets 
102
545
545
4,573
4,573
8,301
8,301
8,556
8,556
8,422
8,422
17,291
17,291
17,578
17,578
15,510
15,510
0
14,092
14,327
14,327
14,997
14,997
18,012
18,012
17,864
17,864
17,351
17,351
17,935
17,935
18,761
18,761
19,075
19,075
14,904
14,904
16,933
16,933
24,113
24,113
17,249
17,249
16,957
16,957
16,168
16,168
14,446
14,446
18,794
18,794
19,643
19,643
24,711
24,711
24,827
24,827
28,368
28,368
21,977
21,977
25,028
25,028
0
27,111
0
29,293
0
27,833
0
25,619
22,645
22,645
25,542
25,542
23,235
23,234,919
22,798
22,79823,234,91923,23525,54225,54222,64522,64525,619027,833029,293027,111025,02825,02821,97721,97728,36828,36824,82724,82724,71124,71119,64319,64318,79418,79414,44614,44616,16816,16816,95716,95717,24917,24924,11324,11316,93316,93314,90414,90419,07519,07518,76118,76117,93517,93517,35117,35117,86417,86418,01218,01214,99714,99714,32714,32714,092015,51015,51017,57817,57817,29117,2918,4228,4228,5568,5568,3018,3014,5734,573545545102
   > Total Current Assets 
0
0
0
0
2,575
0
0
0
1,095
0
0
0
3,863
0
0
0
1,729
0
0
0
1,243
0
0
0
4,787
0
0
0
2,283
0
0
0
2,980
0
0
0
3,795
0
0
0
3,955
0
0
0
1,980
0
0
2,000
2,281
1,993
1,993
2,646
2,646
5,035
5,035
4,914
4,914
7,612
7,612
1,393
1,393
3,552
3,552
3,985
3,985
2,461
2,461
3,601
3,601
10,650
10,650
10,929
10,929
11,079
11,079
7,744
7,743,586
1,038
1,0387,743,5867,74411,07911,07910,92910,92910,65010,6503,6013,6012,4612,4613,9853,9853,5523,5521,3931,3937,6127,6124,9144,9145,0355,0352,6462,6461,9931,9932,2812,000001,9800003,9550003,7950002,9800002,2830004,7870001,2430001,7290003,8630001,0950002,5750000
       Cash And Cash Equivalents 
0
0
0
0
2,424
0
0
0
887
0
0
0
1,006
0
0
0
1,029
0
0
0
806
0
0
0
3,671
0
0
0
1,522
0
0
0
2,120
0
0
0
2,555
0
0
0
2,626
0
0
0
739
0
0
2,000
1,563
1,409
1,409
2,067
2,067
2,849
2,849
3,792
3,792
1,628
1,628
901
901
2,433
2,433
0
1,797
0
1,379
0
3,029
0
1,146
1,572
1,572
4,174
4,174
794
794,303
747
747794,3037944,1744,1741,5721,5721,14603,02901,37901,79702,4332,4339019011,6281,6283,7923,7922,8492,8492,0672,0671,4091,4091,5632,000007390002,6260002,5550002,1200001,5220003,6710008060001,0290001,0060008870002,4240000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
325
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000003250000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
4
43
43
143
143
70
70
86
86
120
120
806
806
151
151
131
131
0
72
105
105
107
107
438
438
119
119
53
53
30
30
18
17
170
170
132
132
234
234
414
414
83
83
95
95
68
68
240
240
304
304
69
69
1,328
1,328
900
900
5,743
5,743
317
317
558
558
1,532
1,532
521
521
238
238
253
253
175
175
243
244
237
237
188
1882372372442431751752532532382385215211,5321,5325585583173175,7435,7439009001,3281,32869693043042402406868959583834144142342341321321701701718303053531191194384381071071051057201311311511518068061201208686707014314343434
       Inventory 
0
0
0
0
0
0
0
0
0
698
698
1,857
1,857
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
335
335
0
0
0
0
107
107
488
488
574
574
481
481
80
80
7
7
0
0
0
0
0
0
0
0000000778080481481574574488488107107000033533500000000000000000000000000000000000000001,8571,857698698000000000
   > Long-term Assets 
0
0
0
0
1,998
0
0
0
7,461
0
0
0
13,428
0
0
0
13,781
0
0
0
13,084
0
0
0
13,225
0
0
0
15,067
0
0
0
15,781
0
0
0
11,110
0
0
0
20,158
0
0
0
14,977
0
0
0
12,165
0
0
0
16,996
0
0
0
19,913
0
0
0
20,584
0
0
0
23,126
0
0
0
24,232
0
14,968
11,716
11,716
13,976
13,976
14,924
15,491,333
21,760
21,76015,491,33314,92413,97613,97611,71611,71614,968024,23200023,12600020,58400019,91300016,99600012,16500014,97700020,15800011,11000015,78100015,06700013,22500013,08400013,78100013,4280007,4610001,9980000
       Property Plant Equipment 
96
498
498
1,987
1,987
7,097
7,097
7,446
7,446
6,811
6,811
13,428
13,428
14,288
14,288
13,781
13,781
0
13,077
13,084
13,084
13,446
13,446
13,225
13,225
14,558
14,558
15,067
15,067
15,419
15,419
15,775
15,775
7,267
7,267
7,958
7,957
9,243
9,243
10,327
10,327
11,111
11,111
11,610
11,610
8,113
8,113
5,995
5,995
10,353
10,353
13,622
13,621
16,621
16,621
16,097
16,097
17,773
17,773
18,791
18,791
20,081
20,081
22,294
22,294
25,986
25,986
23,744
23,744
14,481
888
11,228
600
13,896
13,896
14,924
14,923,970
364
36414,923,97014,92413,89613,89660011,22888814,48123,74423,74425,98625,98622,29422,29420,08120,08118,79118,79117,77317,77316,09716,09716,62116,62113,62113,62210,35310,3535,9955,9958,1138,11311,61011,61011,11111,11110,32710,3279,2439,2437,9577,9587,2677,26715,77515,77515,41915,41915,06715,06714,55814,55813,22513,22513,44613,44613,08413,08413,077013,78113,78114,28814,28813,42813,4286,8116,8117,4467,4467,0977,0971,9871,98749849896
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,000
6,000
5,956
5,956
3,097
3,097
2,778
2,778
3,527
3,527
2,673
2,673
1,466
1,793
1,057
1,057
0
507
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000050701,0571,0571,7931,4662,6732,6733,5273,5272,7782,7783,0973,0975,9565,9566,0006,00000000000000000000000000000000000000000000000000
       Intangible Assets 
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000000000000000000000000000000000000000000000000000001
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
278
0
0
0
0
0
0
0
20,584
0
0
0
325
0
0
0
487
0
13,880
487
10,915
-13,976
-13,976
-14,924
567,363
21,196
21,196567,363-14,924-13,976-13,97610,91548713,880048700032500020,58400000002780000000000000000000000000000000000000000000000000000
> Total Liabilities 
107
219
219
155
154
2,197
2,197
3,153
3,153
3,330
3,330
4,390
4,390
3,482
3,482
4,371
4,371
0
1,585
1,163
1,163
477
477
731
731
539
539
665
665
491
491
1,950
1,950
421
421
816
816
1,089
1,089
1,484
1,484
858
858
1,098
1,098
733
733
796
796
1,089
1,089
2,158
2,158
6,353
6,430
7,517
7,517
10,465
10,542
8,732
8,732
9,318
9,396
0
11,703
0
12,539
0
12,461
0
9,820
10,099
10,099
9,543
9,543
9,515
9,514,754
10,327
10,3279,514,7549,5159,5439,54310,09910,0999,820012,461012,539011,70309,3969,3188,7328,73210,54210,4657,5177,5176,4306,3532,1582,1581,0891,0897967967337331,0981,0988588581,4841,4841,0891,0898168164214211,9501,9504914916656655395397317314774771,1631,1631,58504,3714,3713,4823,4824,3904,3903,3303,3303,1533,1532,1972,197154155219219107
   > Total Current Liabilities 
107
219
219
155
154
2,197
2,197
3,129
3,129
3,329
3,329
4,390
4,390
3,482
3,482
4,371
4,371
0
1,585
1,052
1,052
405
405
670
670
469
469
621
621
466
466
1,911
1,929
405
405
679
679
960
960
1,265
1,265
652
652
812
812
693
693
601
601
893
893
1,953
1,953
6,139
6,139
2,003
2,003
7,742
7,742
2,076
2,076
6,596
6,596
5,018
5,018
5,608
5,608
5,508
5,508
9,378
9,378
9,681
9,681
5,123
5,123
5,071
5,071,166
3,481
3,4815,071,1665,0715,1235,1239,6819,6819,3789,3785,5085,5085,6085,6085,0185,0186,5966,5962,0762,0767,7427,7422,0032,0036,1396,1391,9531,9538938936016016936938128126526521,2651,2659609606796794054051,9291,9114664666216214694696706704054051,0521,0521,58504,3714,3713,4823,4824,3904,3903,3293,3293,1293,1292,1972,197154155219219107
       Short-term Debt 
0
0
0
0
0
0
0
0
750
0
0
0
3,000
0
0
0
3,316
0
0
0
322
0
0
0
86
0
0
0
95
0
0
0
47
0
0
0
60
0
0
0
53
0
0
0
59
0
0
0
14
13
13
92
50
3,087
2,938
3,027
72
2,968
2,968
0
102
3,979
3,979
0
92
0
55
0
324
0
4,171
4,185
4,185
0
36
0
656
1,101
1,10165603604,1854,1854,171032405509203,9793,97910202,9682,968723,0272,9383,08750921313140005900053000600004700095000860003220003,3160003,00000075000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13
13
92
92
3,087
3,087
3,027
3,027
2,968
2,968
0
0
3,979
3,979
0
0
0
0
0
225
0
0
0
4,118
0
0
0
591
0
05910004,118000225000003,9793,979002,9682,9683,0273,0273,0873,087929213130000000000000000000000000000000000000000000000000
       Accounts payable 
4
8
8
38
38
2,197
2,197
1,342
1,342
2,501
2,501
1,195
1,195
202
202
854
854
0
562
279
279
258
258
385
385
341
341
243
243
318
318
133
133
288
288
336
336
832
832
726
726
478
478
394
394
251
251
232
232
657
657
1,533
1,533
2,786
2,786
1,276
1,276
4,486
4,486
1,177
1,177
2,165
2,165
3,263
3,263
5,155
5,155
3,152
3,152
1,650
1,650
1,652
1,652
1,448
1,448
935
935,424
1,184
1,184935,4249351,4481,4481,6521,6521,6501,6503,1523,1525,1555,1553,2633,2632,1652,1651,1771,1774,4864,4861,2761,2762,7862,7861,5331,53365765723223225125139439447847872672683283233633628828813313331831824324334134138538525825827927956208548542022021,1951,1952,5012,5011,3421,3422,1972,1973838884
       Other Current Liabilities 
103
0
0
116
154
0
0
1,037
1,037
79
79
195
195
83
83
201
201
0
725
451
451
85
85
199
198
58
58
284
284
91
91
1,732
1,750
100
100
283
283
86
86
487
486
139
139
359
359
412
412
355
355
227
227
370
370
334
334
438
656
220
220
538
796
45
45
1,359
1,664
312
312
1,656
2,032
3,261
3,557
3,844
3,844
3,675
3,675
4,136
2,650,832
1,196
1,1962,650,8324,1363,6753,6753,8443,8443,5573,2612,0321,6563123121,6641,359454579653822022065643833433437037022722735535541241235935913913948648786862832831001001,7501,7329191284284585819819985854514517250201201838319519579791,0371,0370015411600103
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
24
0
0
0
0
0
0
0
0
0
0
0
111
0
0
0
61
0
0
0
44
0
0
0
21
0
0
0
137
0
0
0
219
0
0
0
286
0
0
0
195
0
0
0
205
0
0
0
5,514
0
0
0
6,656
0
0
0
6,685
0
0
0
6,953
0
442
419
419
3,993
3,993
3,993
4,443,588
6,845
6,8454,443,5883,9933,9933,99341941944206,9530006,6850006,6560005,514000205000195000286000219000137000210004400061000111000000000002400000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68
0
2,955
0
23
0
4,059
0
84
0
4,034
0
4,083
0
4,072
0
34
0
16
0
3,999
0
4,026
0
04,02603,99901603404,07204,08304,03408404,05902302,955068000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18
18
0
0
91
91
67
67
173
173
173
173
264
264
27
27
187
187
193
193
162
162
146
146
2,559
2,559
2,700
2,700
2,597
2,597
2,638
2,638
2,651
2,651
2,771
2,771
2,881
2,881
408
408
403
403
421
421
417
417
0
04174174214214034034084082,8812,8812,7712,7712,6512,6512,6382,6382,5972,5972,7002,7002,5592,5591461461621621931931871872727264264173173173173676791910018180000000000000000000000000000000
> Total Stockholder Equity
0
326
326
4,419
4,419
6,103
6,103
5,403
5,403
5,093
5,093
12,901
12,901
14,096
14,096
11,139
11,139
0
12,507
13,164
13,164
14,520
14,520
17,281
17,281
17,325
17,325
16,685
16,685
17,366
17,366
16,733
16,733
18,575
18,575
14,010
14,010
15,766
15,766
22,551
22,551
16,314
16,314
15,781
15,781
15,357
15,357
13,572
13,572
17,628
17,628
17,408
17,408
18,281
18,281
17,233
17,233
17,826
17,826
13,168
13,168
15,633
15,633
0
15,331
0
16,754
0
15,294
0
15,720
12,467
12,467
5,658
5,658
3,324
13,641,477
12,392
12,39213,641,4773,3245,6585,65812,46712,46715,720015,294016,754015,331015,63315,63313,16813,16817,82617,82617,23317,23318,28118,28117,40817,40817,62817,62813,57213,57215,35715,35715,78115,78116,31416,31422,55122,55115,76615,76614,01014,01018,57518,57516,73316,73317,36617,36616,68516,68517,32517,32517,28117,28114,52014,52013,16413,16412,507011,13911,13914,09614,09612,90112,9015,0935,0935,4035,4036,1036,1034,4194,4193263260
   Retained Earnings -65,397-62,273,168-62,273-59,938-59,938-61,454-61,454-58,157-58,157-55,426-55,426-50,682-50,682-45,771-45,771-43,968-43,968-40,522-40,522-26,467-35,863-37,515-37,515-25,148-34,919-32,398-32,398-32,980-32,980-34,687-35,00000-33,251000-31,769000-30,278000-25,336000-23,721000-20,919000-16,467000-9,245000-4,718000-1,186000-2080000
   Accumulated Other Comprehensive Income 
0
0
0
0
1
0
0
0
1,091
0
0
0
1,124
0
0
0
1,514
0
0
0
3,316
0
0
0
4,213
0
0
0
5,150
0
0
0
5,182
0
0
0
6,476
0
0
0
13,783
0
0
0
8,496
0
0
0
7,722
0
0
0
9,117
0
0
0
10,456
0
0
0
9,397
0
0
0
9,753
0
0
0
10,023
0
10,029
10,029
10,029
0
10,262
0
10,318
10,381
10,38110,318010,262010,02910,02910,029010,0230009,7530009,39700010,4560009,1170007,7220008,49600013,7830006,4760005,1820005,1500004,2130003,3160001,5140001,1240001,09100010000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue0
Cost of Revenue-103
Gross Profit-103-103
 
Operating Income (+$)
Gross Profit-103
Operating Expense-3,182
Operating Income-3,284-3,284
 
Operating Expense (+$)
Research Development0
Selling General Administrative2
Selling And Marketing Expenses3,180
Operating Expense3,1823,182
 
Net Interest Income (+$)
Interest Income5
Interest Expense-514
Other Finance Cost-0
Net Interest Income-510
 
Pretax Income (+$)
Operating Income-3,284
Net Interest Income-510
Other Non-Operating Income Expenses0
Income Before Tax (EBT)30-6,599
EBIT - interestExpense = -3,799
-915
-305
Interest Expense514
Earnings Before Interest and Taxes (EBIT)-3,284545
Earnings Before Interest and Taxes (EBITDA)-3,182
 
After tax Income (+$)
Income Before Tax30
Tax Provision-0
Net Income From Continuing Ops12630
Net Income-819
Net Income Applicable To Common Shares-819
 
Non-recurring Events
Discontinued Operations-945
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,284
Total Other Income/Expenses Net3,315510
 

Technical Analysis of Matsa
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 Matsa. The general trend of Matsa is BULLISH with 14.3% 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 Matsa'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 (14.3%) Bearish trend (-14.3%)
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 Matsa Resources Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.035 < 0.037 < 0.037.

The bearish price targets are: 0.03 > 0.03 > 0.03.

Tweet this
Matsa Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-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 lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is 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 above 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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Matsa Resources Ltd. The current macd is 0.00040343.

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 Matsa price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Matsa. 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 Matsa 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
Matsa Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMatsa Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Matsa Resources Ltd. The current adx is 9.70743566.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Matsa shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Matsa Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Matsa Resources Ltd. The current sar is 0.0273136.

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
Matsa Resources Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Matsa Resources Ltd. The current rsi is 55.53. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Matsa Resources Ltd Daily Relative Strength Index (RSI) ChartMatsa Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Matsa Resources Ltd. The current phase is Continuation in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Matsa price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Matsa Resources Ltd Daily Stochastic Oscillator ChartMatsa Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Matsa Resources Ltd. The current cci is 110.00.

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
Matsa Resources Ltd Daily Commodity Channel Index (CCI) ChartMatsa Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Matsa Resources Ltd. The current cmo is 14.81.

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
Matsa Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartMatsa Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Matsa Resources Ltd. The current willr is -25.

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Matsa Resources Ltd. The current atr is 0.00122379.

Matsa Resources Ltd Daily Average True Range (ATR) ChartMatsa Resources Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Matsa Resources Ltd. The current obv is 34,016,266.

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

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Matsa Resources Ltd. The current mfi is 10.99.

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

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

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Matsa Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09CCI 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-21DMI 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).
2023-11-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14DMI 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.
2023-12-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08CCI 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).
2024-01-09RSI 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).
2024-01-11SAR 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).
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21DMI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-27DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside

6.3. Candlestick Patterns

Matsa Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.531
Ma 20Greater thanMa 500.029
Ma 50Greater thanMa 1000.028
Ma 100Greater thanMa 2000.028
OpenGreater thanClose0.030
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Matsa with someone you think should read this too:
  • Are you bullish or bearish on Matsa? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Matsa? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Matsa Resources Ltd

I send you an email if I find something interesting about Matsa Resources Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Matsa Resources Ltd.

Receive notifications about Matsa Resources Ltd in your mailbox!