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Magnetic Resources NL
Buy, Hold or Sell?

Let's analyze Magnetic Resources NL together

I guess you are interested in Magnetic Resources NL. 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 Magnetic Resources NL. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Magnetic Resources NL (30 sec.)










1.2. What can you expect buying and holding a share of Magnetic Resources NL? (30 sec.)

How much money do you get?

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

What is your share worth?

Current worth
A$0.03
Expected worth in 1 year
A$0.11
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
A$0.08
Return On Investment
6.9%

For what price can you sell your share?

Current Price per Share
A$1.12
Expected price per share
A$1 - A$1.35
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Magnetic Resources NL (5 min.)




Live pricePrice per Share (EOD)
A$1.12
Intrinsic Value Per Share
A$-0.46 - A$-0.31
Total Value Per Share
A$-0.43 - A$-0.28

2.2. Growth of Magnetic Resources NL (5 min.)




Is Magnetic Resources NL growing?

Current yearPrevious yearGrowGrow %
How rich?$5.8m$2.4m$3.3m58.2%

How much money is Magnetic Resources NL making?

Current yearPrevious yearGrowGrow %
Making money-$8.1m-$4.6m-$3.4m-42.2%
Net Profit Margin-2,453.6%-1,486,607.5%--

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

2.3. Financial Health of Magnetic Resources NL (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#525 / 860

Most Revenue
#233 / 860

Most Profit
#771 / 860

Most Efficient
#786 / 860
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Magnetic Resources NL?

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

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

Speculation

The Price per Share of Magnetic Resources NL is A$1.12. 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 Magnetic Resources NL.
  • 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 Magnetic Resources NL, 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$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Magnetic Resources NL.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.03-2.7%-0.03-2.7%-0.02-1.6%-0.02-1.8%-0.01-1.1%
Usd Book Value Change Per Share0.011.1%0.011.1%0.000.3%0.000.2%0.000.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.011.1%0.011.1%0.000.3%0.000.2%0.000.2%
Usd Price Per Share0.75-0.75-0.33-0.75-0.42-
Price to Earnings Ratio-24.80--24.80--18.69--41.47--30.25-
Price-to-Total Gains Ratio59.45-59.45-87.43--42.07-46.81-
Price to Book Ratio34.58-34.58-36.01-72.44-51.29-
Price-to-Total Gains Ratio59.45-59.45-87.43--42.07-46.81-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.736736
Number of shares1357
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (1357 shares)17.232.65
Gains per Year (1357 shares)68.9210.60
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1069590101
2013812802112
3020719703123
4027626604234
5034533515245
6041440416356
7048247317367
8055154218478
9062061119489
1006896801105100

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%0.010.00.00.0%0.017.01.00.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%9.09.00.050.0%
Dividend per Share0.00.01.00.0%1.00.02.033.3%3.00.02.060.0%3.00.07.030.0%3.00.015.016.7%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%9.09.00.050.0%
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3.2. Key Performance Indicators

The key performance indicators of Magnetic Resources NL 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--0.0190.0190%0.006+238%0.003+557%0.003+531%
Book Value Per Share--0.0330.0330%0.014+139%0.019+70%0.013+162%
Current Ratio--10.81210.8120%5.468+98%11.371-5%9.977+8%
Debt To Asset Ratio--0.0910.0910%0.175-48%0.106-14%0.122-25%
Debt To Equity Ratio--0.1000.1000%0.212-53%0.122-18%0.143-30%
Dividend Per Share----0%0.000-100%0.000-100%0.000-100%
Eps---0.046-0.0460%-0.027-42%-0.030-35%-0.019-60%
Free Cash Flow Per Share---0.043-0.0430%-0.022-48%-0.027-37%-0.017-61%
Free Cash Flow To Equity Per Share--0.0170.0170%0.008+123%0.003+569%0.003+536%
Gross Profit Margin--1.9021.9020%1.9020%1.938-2%1.566+21%
Intrinsic Value_10Y_max---0.312--------
Intrinsic Value_10Y_min---0.463--------
Intrinsic Value_1Y_max---0.020--------
Intrinsic Value_1Y_min---0.035--------
Intrinsic Value_3Y_max---0.069--------
Intrinsic Value_3Y_min---0.116--------
Intrinsic Value_5Y_max---0.128--------
Intrinsic Value_5Y_min---0.208--------
Market Cap298751040.000-2%306086445.000306086445.0000%133371000.000+130%303419025.000+1%172195298.100+78%
Net Profit Margin---24.536-24.5360%-14866.075+60490%-3311.503+13397%-1856.607+7467%
Operating Margin---24.531-24.5310%-14867.152+60506%-3318.677+13429%-1863.447+7496%
Operating Ratio--23.82123.8210%14867.140-100%3315.864-99%1862.914-99%
Pb Ratio33.748-2%34.57734.5770%36.009-4%72.438-52%51.292-33%
Pe Ratio-24.209+2%-24.803-24.8030%-18.691-25%-41.471+67%-30.246+22%
Price Per Share1.120-2%1.1481.1480%0.500+130%1.138+1%0.646+78%
Price To Free Cash Flow Ratio-26.275+2%-26.920-26.9200%-22.679-16%-47.267+76%-33.715+25%
Price To Total Gains Ratio58.026-2%59.45059.4500%87.431-32%-42.075+171%46.806+27%
Quick Ratio--10.80310.8030%5.442+99%11.253-4%9.754+11%
Return On Assets---1.267-1.2670%-1.589+25%-1.611+27%-1.597+26%
Return On Equity---1.394-1.3940%-1.927+38%-1.834+32%-1.857+33%
Total Gains Per Share--0.0190.0190%0.006+238%0.003+550%0.003+528%
Usd Book Value--5823117.2715823117.2710%2436365.560+139%3416512.557+70%2223037.337+162%
Usd Book Value Change Per Share--0.0130.0130%0.004+238%0.002+557%0.002+531%
Usd Book Value Per Share--0.0220.0220%0.009+139%0.013+70%0.008+162%
Usd Dividend Per Share----0%0.000-100%0.000-100%0.000-100%
Usd Eps---0.030-0.0300%-0.018-42%-0.020-35%-0.012-60%
Usd Free Cash Flow---7479212.970-7479212.9700%-3868481.016-48%-4703901.883-37%-2941765.404-61%
Usd Free Cash Flow Per Share---0.028-0.0280%-0.015-48%-0.018-37%-0.011-61%
Usd Free Cash Flow To Equity Per Share--0.0110.0110%0.005+123%0.002+569%0.002+536%
Usd Market Cap196518434.112-2%201343663.521201343663.5210%87731443.800+130%199589034.645+1%113270067.090+78%
Usd Price Per Share0.737-2%0.7550.7550%0.329+130%0.748+1%0.425+78%
Usd Profit---8117734.825-8117734.8250%-4693873.985-42%-5314713.913-35%-3271506.927-60%
Usd Revenue--330855.639330855.6390%315.744+104686%164176.487+102%150852.879+119%
Usd Total Gains Per Share--0.0130.0130%0.004+238%0.002+550%0.002+528%
 EOD+2 -6MRQTTM+0 -0YOY+25 -115Y+22 -1410Y+25 -11

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-24.209
Price to Book Ratio (EOD)Between0-133.748
Net Profit Margin (MRQ)Greater than0-24.536
Operating Margin (MRQ)Greater than0-24.531
Quick Ratio (MRQ)Greater than110.803
Current Ratio (MRQ)Greater than110.812
Debt to Asset Ratio (MRQ)Less than10.091
Debt to Equity Ratio (MRQ)Less than10.100
Return on Equity (MRQ)Greater than0.15-1.394
Return on Assets (MRQ)Greater than0.05-1.267
Total4/10 (40.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5032.734
Ma 20Greater thanMa 501.221
Ma 50Greater thanMa 1001.293
Ma 100Greater thanMa 2001.338
OpenGreater thanClose1.100
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Magnetic Resources NL

Magnetic Resources NL engages in the exploration of mineral tenements in Western Australia. It primarily explores for gold, nickel, copper, platinum group element, and iron deposits. The company's Flagship project holds 100% interests in the Lady Julie Central Project; Lady Julie North 4; and The Hawks Nest 9 Project. It holds interest in various projects and tenements, such as Julimar Lookalike; and Chatterbox Shear Zone. Magnetic Resources NL was incorporated in 2006 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-11-13 01:40:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Magnetic Resources NL earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Magnetic Resources NL to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -2,453.6% means that $-24.54 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Magnetic Resources NL:

  • The MRQ is -2,453.6%. The company is making a huge loss. -2
  • The TTM is -2,453.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,453.6%TTM-2,453.6%0.0%
TTM-2,453.6%YOY-1,486,607.5%+1,484,153.9%
TTM-2,453.6%5Y-331,150.3%+328,696.7%
5Y-331,150.3%10Y-185,660.7%-145,489.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,453.6%-3.7%-2,449.9%
TTM-2,453.6%-7.5%-2,446.1%
YOY-1,486,607.5%-46.9%-1,486,560.6%
5Y-331,150.3%-174.3%-330,976.0%
10Y-185,660.7%-622.7%-185,038.0%
4.3.1.2. Return on Assets

Shows how efficient Magnetic Resources NL is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Magnetic Resources NL to the Other Industrial Metals & Mining industry mean.
  • -126.7% Return on Assets means that Magnetic Resources NL generated $-1.27 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Magnetic Resources NL:

  • The MRQ is -126.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -126.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-126.7%TTM-126.7%0.0%
TTM-126.7%YOY-158.9%+32.2%
TTM-126.7%5Y-161.1%+34.4%
5Y-161.1%10Y-159.7%-1.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-126.7%-5.8%-120.9%
TTM-126.7%-6.7%-120.0%
YOY-158.9%-6.7%-152.2%
5Y-161.1%-9.0%-152.1%
10Y-159.7%-14.2%-145.5%
4.3.1.3. Return on Equity

Shows how efficient Magnetic Resources NL is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Magnetic Resources NL to the Other Industrial Metals & Mining industry mean.
  • -139.4% Return on Equity means Magnetic Resources NL generated $-1.39 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Magnetic Resources NL:

  • The MRQ is -139.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -139.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-139.4%TTM-139.4%0.0%
TTM-139.4%YOY-192.7%+53.3%
TTM-139.4%5Y-183.4%+44.0%
5Y-183.4%10Y-185.7%+2.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-139.4%-6.3%-133.1%
TTM-139.4%-7.1%-132.3%
YOY-192.7%-7.2%-185.5%
5Y-183.4%-9.7%-173.7%
10Y-185.7%-14.1%-171.6%
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4.3.2. Operating Efficiency of Magnetic Resources NL.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Magnetic Resources NL is operating .

  • Measures how much profit Magnetic Resources NL 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 Magnetic Resources NL to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -2,453.1% means the company generated $-24.53  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Magnetic Resources NL:

  • The MRQ is -2,453.1%. The company is operating very inefficient. -2
  • The TTM is -2,453.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,453.1%TTM-2,453.1%0.0%
TTM-2,453.1%YOY-1,486,715.2%+1,484,262.1%
TTM-2,453.1%5Y-331,867.7%+329,414.6%
5Y-331,867.7%10Y-186,344.7%-145,523.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,453.1%-64.2%-2,388.9%
TTM-2,453.1%-23.3%-2,429.8%
YOY-1,486,715.2%-59.4%-1,486,655.8%
5Y-331,867.7%-310.1%-331,557.6%
10Y-186,344.7%-717.7%-185,627.0%
4.3.2.2. Operating Ratio

Measures how efficient Magnetic Resources NL is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 23.82 means that the operating costs are $23.82 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Magnetic Resources NL:

  • The MRQ is 23.821. The company is inefficient in keeping operating costs low. -1
  • The TTM is 23.821. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ23.821TTM23.8210.000
TTM23.821YOY14,867.140-14,843.319
TTM23.8215Y3,315.864-3,292.043
5Y3,315.86410Y1,862.914+1,452.949
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ23.8211.686+22.135
TTM23.8211.716+22.105
YOY14,867.1401.958+14,865.182
5Y3,315.8643.658+3,312.206
10Y1,862.9148.111+1,854.803
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4.4.3. Liquidity of Magnetic Resources NL.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Magnetic Resources NL is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 10.81 means the company has $10.81 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Magnetic Resources NL:

  • The MRQ is 10.812. The company is very able to pay all its short-term debts. +2
  • The TTM is 10.812. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ10.812TTM10.8120.000
TTM10.812YOY5.468+5.345
TTM10.8125Y11.371-0.559
5Y11.37110Y9.977+1.394
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8121.971+8.841
TTM10.8122.132+8.680
YOY5.4682.851+2.617
5Y11.3713.954+7.417
10Y9.9774.569+5.408
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Magnetic Resources NL to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 10.80 means the company can pay off $10.80 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Magnetic Resources NL:

  • The MRQ is 10.803. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 10.803. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ10.803TTM10.8030.000
TTM10.803YOY5.442+5.361
TTM10.8035Y11.253-0.450
5Y11.25310Y9.754+1.499
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8030.921+9.882
TTM10.8031.178+9.625
YOY5.4421.813+3.629
5Y11.2532.414+8.839
10Y9.7543.474+6.280
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4.5.4. Solvency of Magnetic Resources NL.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Magnetic Resources NL assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Magnetic Resources NL to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.09 means that Magnetic Resources NL assets are financed with 9.1% credit (debt) and the remaining percentage (100% - 9.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Magnetic Resources NL:

  • The MRQ is 0.091. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.091. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.091TTM0.0910.000
TTM0.091YOY0.175-0.084
TTM0.0915Y0.106-0.015
5Y0.10610Y0.122-0.016
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0910.200-0.109
TTM0.0910.200-0.109
YOY0.1750.177-0.002
5Y0.1060.224-0.118
10Y0.1220.250-0.128
4.5.4.2. Debt to Equity Ratio

Measures if Magnetic Resources NL is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Magnetic Resources NL to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 10.0% means that company has $0.10 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Magnetic Resources NL:

  • The MRQ is 0.100. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.100. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.100TTM0.1000.000
TTM0.100YOY0.212-0.112
TTM0.1005Y0.122-0.022
5Y0.12210Y0.143-0.021
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1000.179-0.079
TTM0.1000.191-0.091
YOY0.2120.182+0.030
5Y0.1220.238-0.116
10Y0.1430.285-0.142
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Magnetic Resources NL to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -24.80 means the investor is paying $-24.80 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Magnetic Resources NL:

  • The EOD is -24.209. Based on the earnings, the company is expensive. -2
  • The MRQ is -24.803. Based on the earnings, the company is expensive. -2
  • The TTM is -24.803. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.209MRQ-24.803+0.594
MRQ-24.803TTM-24.8030.000
TTM-24.803YOY-18.691-6.112
TTM-24.8035Y-41.471+16.668
5Y-41.47110Y-30.246-11.225
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-24.209-3.497-20.712
MRQ-24.803-4.363-20.440
TTM-24.803-4.987-19.816
YOY-18.691-7.145-11.546
5Y-41.471-10.545-30.926
10Y-30.246-11.575-18.671
4.6.2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -26.275. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -26.920. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -26.920. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-26.275MRQ-26.920+0.645
MRQ-26.920TTM-26.9200.000
TTM-26.920YOY-22.679-4.242
TTM-26.9205Y-47.267+20.346
5Y-47.26710Y-33.715-13.551
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-26.275-4.631-21.644
MRQ-26.920-5.616-21.304
TTM-26.920-6.022-20.898
YOY-22.679-7.460-15.219
5Y-47.267-11.991-35.276
10Y-33.715-14.873-18.842
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 34.58 means the investor is paying $34.58 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Magnetic Resources NL:

  • The EOD is 33.748. Based on the equity, the company is expensive. -2
  • The MRQ is 34.577. Based on the equity, the company is expensive. -2
  • The TTM is 34.577. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD33.748MRQ34.577-0.829
MRQ34.577TTM34.5770.000
TTM34.577YOY36.009-1.433
TTM34.5775Y72.438-37.862
5Y72.43810Y51.292+21.147
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD33.7481.161+32.587
MRQ34.5771.221+33.356
TTM34.5771.385+33.192
YOY36.0091.828+34.181
5Y72.4382.533+69.905
10Y51.2923.072+48.220
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

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

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5. Financial Statements




5.1. Reversals in quarterly reports

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

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Total Other Income Expense Net 99-4455-4610-91-867-867



5.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets9,738
Total Liabilities886
Total Stockholder Equity8,852
 As reported
Total Liabilities 886
Total Stockholder Equity+ 8,852
Total Assets = 9,738

Assets

Total Assets9,738
Total Current Assets9,577
Long-term Assets161
Total Current Assets
Cash And Cash Equivalents 9,222
Net Receivables 348
Inventory -339
Other Current Assets 348
Total Current Assets  (as reported)9,577
Total Current Assets  (calculated)9,577
+/-0
Long-term Assets
Property Plant Equipment 24
Long Term Investments 137
Long-term Assets  (as reported)161
Long-term Assets  (calculated)161
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities886
Long-term Liabilities0
Total Stockholder Equity8,852
Total Current Liabilities
Short-term Debt 259
Accounts payable 577
Other Current Liabilities 50
Total Current Liabilities  (as reported)886
Total Current Liabilities  (calculated)886
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock67,959
Retained Earnings -63,189
Accumulated Other Comprehensive Income 4,082
Total Stockholder Equity (as reported)8,852
Total Stockholder Equity (calculated)8,852
+/-0
Other
Capital Stock67,959
Cash and Short Term Investments 9,222
Common Stock Shares Outstanding 233,670
Liabilities and Stockholders Equity 9,738
Net Debt -8,963
Net Invested Capital 8,852
Net Working Capital 8,692
Property Plant and Equipment Gross 305
Short Long Term Debt Total 259



5.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-30
> Total Assets 
4,175
2,547
1,256
5,105
3,358
1,813
1,470
844
1,005
617
883
942
5,166
4,441
7,456
2,555
4,491
9,738
9,7384,4912,5557,4564,4415,1669428836171,0058441,4701,8133,3585,1051,2562,5474,175
   > Total Current Assets 
0
2,116
947
4,808
3,049
1,619
1,283
730
919
535
807
620
4,848
4,227
7,246
2,285
4,302
9,577
9,5774,3022,2857,2464,2274,8486208075359197301,2831,6193,0494,8089472,1160
       Cash And Cash Equivalents 
3,875
2,005
822
4,670
2,809
1,355
1,170
397
884
479
722
553
4,761
4,063
6,994
2,030
4,102
9,222
9,2224,1022,0306,9944,0634,7615537224798843971,1701,3552,8094,6708222,0053,875
       Net Receivables 
72
89
125
128
234
251
103
26
8
11
13
1
64
106
186
187
180
348
34818018718610664113118261032512341281258972
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
-64
0
0
0
-180
-339
-339-180000-64000000000000
   > Long-term Assets 
0
431
309
297
309
194
187
115
86
82
76
322
318
215
210
270
189
161
1611892702102153183227682861151871943092973094310
       Property Plant Equipment 
64
137
103
156
152
96
55
47
40
34
22
21
118
107
78
47
20
24
242047781071182122344047559615215610313764
       Long Term Investments 
0
0
0
0
0
0
0
68
46
48
54
300
201
108
132
223
169
137
137169223132108201300544846680000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
132
223
0
0
0022313200000000000000
> Total Liabilities 
103
178
98
405
217
264
566
154
121
86
184
164
231
334
333
372
787
886
8867873723333342311641848612115456626421740598178103
   > Total Current Liabilities 
103
178
98
405
217
264
566
154
121
86
184
164
231
334
333
372
787
886
8867873723333342311641848612115456626421740598178103
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
15
15
15
221
221
259
259221221151515000000000000
       Accounts payable 
103
178
98
405
217
262
277
180
144
67
171
74
215
315
312
351
541
577
577541351312315215741716714418027726221740598178103
       Other Current Liabilities 
0
0
0
0
1
1
289
-26
-23
19
13
90
16
4
20
21
25
50
50252120416901319-23-26289110000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
215
329
312
351
0
0
00351312329215000000000000
> Total Stockholder Equity
4,072
2,369
1,158
4,700
3,141
1,550
904
690
884
531
699
778
4,935
4,107
7,123
2,182
3,704
8,852
8,8523,7042,1827,1234,1074,9357786995318846909041,5503,1414,7001,1582,3694,072
   Common Stock
4,581
4,581
4,889
11,122
12,332
12,436
13,344
14,193
15,651
16,560
18,514
19,799
26,810
30,927
40,230
43,446
51,391
67,959
67,95951,39143,44640,23030,92726,81019,79918,51416,56015,65114,19313,34412,43612,33211,1224,8894,5814,581
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 
0
9
9
101
292
550
769
1,252
1,140
949
277
667
976
665
3,005
2,508
3,220
4,082
4,0823,2202,5083,0056659766672779491,1401,252769550292101990
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
1,252
1,140
949
6
667
976
665
3,005
2,508
-119
0
0-1192,5083,00566597666769491,1401,2520000000



5.4. Balance Sheets

Currency in AUD. All numbers in thousands.




5.5. Cash Flows

Currency in AUD. All numbers in thousands.




5.6. Income Statements

Currency in AUD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue503
Cost of Revenue-5
Gross Profit498498
 
Operating Income (+$)
Gross Profit498
Operating Expense-11,977
Operating Income-11,474-11,478
 
Operating Expense (+$)
Research Development-
Selling General Administrative842
Selling And Marketing Expenses11,135
Operating Expense11,97711,977
 
Net Interest Income (+$)
Interest Income0
Interest Expense--
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-11,474
Net Interest Income0
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-12,341-10,607
EBIT - interestExpense = -12,338
-13,205
-12,341
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-12,338-12,341
Earnings Before Interest and Taxes (EBITDA)-12,334
 
After tax Income (+$)
Income Before Tax-12,341
Tax Provision-0
Net Income From Continuing Ops-12,341-12,341
Net Income-12,341
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses11,977
Total Other Income/Expenses Net-8670
 

Technical Analysis of Magnetic Resources NL
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 Magnetic Resources NL. The general trend of Magnetic Resources NL is BEARISH with 28.6% 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 Magnetic Resources NL'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 (-28.6%) Bearish trend (28.6%)
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 Magnetic Resources NL.

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: 1.11 < 1.205 < 1.35.

The bearish price targets are: 1.12 > 1.12 > 1.

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Magnetic Resources NL 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 Magnetic Resources NL. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

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

Magnetic Resources NL 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 Magnetic Resources NL. The current macd is -0.04588772.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Magnetic Resources NL price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Magnetic Resources NL. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Magnetic Resources NL price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Magnetic Resources NL Daily Moving Average Convergence/Divergence (MACD) ChartMagnetic Resources NL 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 Magnetic Resources NL. The current adx is 41.14.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Magnetic Resources NL shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Magnetic Resources NL 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 Magnetic Resources NL. The current sar is 1.18436173.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Magnetic Resources NL Daily Parabolic SAR Chart
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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 Magnetic Resources NL. The current rsi is 32.73. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Magnetic Resources NL Daily Relative Strength Index (RSI) ChartMagnetic Resources NL 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 Magnetic Resources NL. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Magnetic Resources NL price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Magnetic Resources NL Daily Stochastic Oscillator ChartMagnetic Resources NL 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 Magnetic Resources NL. The current cci is -140.09831461.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Magnetic Resources NL Daily Commodity Channel Index (CCI) ChartMagnetic Resources NL 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 Magnetic Resources NL. The current cmo is -41.0465075.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Magnetic Resources NL Daily Chande Momentum Oscillator (CMO) ChartMagnetic Resources NL 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 Magnetic Resources NL. The current willr is -74.50980392.

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

Magnetic Resources NL 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 Magnetic Resources NL. The current atr is 0.05609456.

Magnetic Resources NL Daily Average True Range (ATR) ChartMagnetic Resources NL Daily Average True Range (ATR) Chart
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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 Magnetic Resources NL. The current obv is 7,543,204.

Magnetic Resources NL Daily On-Balance Volume (OBV) ChartMagnetic Resources NL 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 Magnetic Resources NL. The current mfi is 77.83.

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

  • MFI > 50: +1
Magnetic Resources NL Daily Money Flow Index (MFI) ChartMagnetic Resources NL Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Magnetic Resources NL.

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
2024-06-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-02ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-17STOCH 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).
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH 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).
2024-07-31STOCH LONG EXITThe %K line crosses below the %D line.
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
2024-08-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-08-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-