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Mighty Craft Ltd
Buy, Hold or Sell?

Let's analyse Mighty Craft Ltd together

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

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

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Quick analysis of Mighty Craft Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
A$0.18
Expected worth in 1 year
A$0.26
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
A$0.08
Return On Investment
520.7%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.013 - A$0.028
How sure are you?
50%

1. Valuation of Mighty Craft Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.02

Intrinsic Value Per Share

A$-0.26 - A$-0.11

Total Value Per Share

A$-0.07 - A$0.07

2. Growth of Mighty Craft Ltd (5 min.)




Is Mighty Craft Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$43.6m$39m$4.6m10.6%

How much money is Mighty Craft Ltd making?

Current yearPrevious yearGrowGrow %
Making money$3.9m-$13.4m$17.3m438.5%
Net Profit Margin7.4%-713.1%--

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

3. Financial Health of Mighty Craft Ltd (5 min.)




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

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

What can you expect buying and holding a share of Mighty Craft Ltd?

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

Speculation

The Price per Share of Mighty Craft Ltd is A$0.015. 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 Mighty Craft Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.18. 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$0.09 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 Mighty Craft Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.0172.4%0.0172.4%-0.04-245.0%-0.01-94.0%-0.01-78.7%
Usd Book Value Change Per Share0.0184.6%0.0184.6%0.06406.6%0.02159.8%0.02132.9%
Usd Dividend Per Share0.000.0%0.000.0%0.0170.0%0.0031.9%0.0026.5%
Usd Total Gains Per Share0.0184.6%0.0184.6%0.07476.5%0.03191.6%0.02159.5%
Usd Price Per Share0.04-0.04-0.11-0.11-0.09-
Price to Earnings Ratio3.95-3.95--3.01--3.62--3.02-
Price-to-Total Gains Ratio3.38-3.38-1.55-9.02-9.02-
Price to Book Ratio0.36-0.36-1.03-1.86-1.55-
Price-to-Total Gains Ratio3.38-3.38-1.55-9.02-9.02-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0097485
Number of shares102579
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.02
Usd Total Gains Per Share0.010.03
Gains per Quarter (102579 shares)1,301.802,948.78
Gains per Year (102579 shares)5,207.2011,795.13
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10520751971960983511785
20104141040439211966923580
30156221561158812950435375
40208292081878423933947170
50260362602598024917458965
603124331232117625900870760
703645036439137236884382555
804165841646156837867894350
9046865468531764488513106145
10052072520601960498347117940

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%1.02.00.033.3%1.04.00.020.0%1.05.00.016.7%1.05.00.016.7%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%3.03.00.050.0%3.03.00.050.0%
Dividend per Share0.00.01.00.0%2.00.01.066.7%2.00.03.040.0%2.00.04.033.3%2.00.04.033.3%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%4.02.00.066.7%4.02.00.066.7%

Fundamentals of Mighty Craft Ltd

About Mighty Craft Ltd

Mighty Craft Limited engages in the acquisition and operation of various breweries, distilleries, bars, and restaurants in Australia. The company sells its products under the Seven Seasons, Better Beer, Mismatch Brewing Co, 78 Degrees, Hills Cider, Jetty Road Brewery, Ballistic Beer Co, Kangaroo Island Spirits, Torquay Beverage Company, Slipstream, Sparkke, Sauce Brewing Co, Brogan's Way, and Foghorn Brewery brands. The company was formerly known as Founders First Limited and changed its name to Mighty Craft Limited in November 2020. Mighty Craft Limited was incorporated in 2017 and is based in Hawthorn East, Australia.

Fundamental data was last updated by Penke on 2024-04-10 08:36:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is 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 cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Mighty Craft Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Mighty Craft Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Mighty Craft Ltd to the Beverages - Brewers industry mean.
  • A Net Profit Margin of 7.4% means that $0.07 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mighty Craft Ltd:

  • The MRQ is 7.4%. The company is making a profit. +1
  • The TTM is 7.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.4%TTM7.4%0.0%
TTM7.4%YOY-713.1%+720.5%
TTM7.4%5Y-397.5%+404.9%
5Y-397.5%10Y-478.1%+80.6%
1.1.2. Return on Assets

Shows how efficient Mighty Craft Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Mighty Craft Ltd to the Beverages - Brewers industry mean.
  • 4.5% Return on Assets means that Mighty Craft Ltd generated $0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mighty Craft Ltd:

  • The MRQ is 4.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.5%TTM4.5%0.0%
TTM4.5%YOY-18.2%+22.7%
TTM4.5%5Y-12.3%+16.8%
5Y-12.3%10Y-11.0%-1.3%
1.1.3. Return on Equity

Shows how efficient Mighty Craft Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Mighty Craft Ltd to the Beverages - Brewers industry mean.
  • 9.2% Return on Equity means Mighty Craft Ltd generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mighty Craft Ltd:

  • The MRQ is 9.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.2%TTM9.2%0.0%
TTM9.2%YOY-35.4%+44.5%
TTM9.2%5Y-23.6%+32.7%
5Y-23.6%10Y-19.7%-3.9%

1.2. Operating Efficiency of Mighty Craft Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mighty Craft Ltd is operating .

  • Measures how much profit Mighty Craft Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Mighty Craft Ltd to the Beverages - Brewers industry mean.
  • An Operating Margin of -14.4% means the company generated $-0.14  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mighty Craft Ltd:

  • The MRQ is -14.4%. The company is operating very inefficient. -2
  • The TTM is -14.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-14.4%TTM-14.4%0.0%
TTM-14.4%YOY-535.8%+521.4%
TTM-14.4%5Y-358.1%+343.8%
5Y-358.1%10Y-440.9%+82.8%
1.2.2. Operating Ratio

Measures how efficient Mighty Craft Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Beverages - Brewers industry mean).
  • An Operation Ratio of 1.14 means that the operating costs are $1.14 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Mighty Craft Ltd:

  • The MRQ is 1.144. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.144. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.144TTM1.1440.000
TTM1.144YOY26.439-25.295
TTM1.1445Y12.905-11.761
5Y12.90510Y10.754+2.151

1.3. Liquidity of Mighty Craft Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Mighty Craft Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Beverages - Brewers industry mean).
  • A Current Ratio of 0.90 means the company has $0.90 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Mighty Craft Ltd:

  • The MRQ is 0.904. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.904. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.904TTM0.9040.000
TTM0.904YOY1.392-0.487
TTM0.9045Y2.751-1.847
5Y2.75110Y2.348+0.403
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Mighty Craft Ltd to the Beverages - Brewers industry mean.
  • A Quick Ratio of 0.29 means the company can pay off $0.29 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mighty Craft Ltd:

  • The MRQ is 0.286. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.286. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.286TTM0.2860.000
TTM0.286YOY0.337-0.051
TTM0.2865Y2.173-1.888
5Y2.17310Y1.866+0.307

1.4. Solvency of Mighty Craft Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Mighty Craft Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Mighty Craft Ltd to Beverages - Brewers industry mean.
  • A Debt to Asset Ratio of 0.50 means that Mighty Craft Ltd assets are financed with 50.3% credit (debt) and the remaining percentage (100% - 50.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Mighty Craft Ltd:

  • The MRQ is 0.503. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.503. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.503TTM0.5030.000
TTM0.503YOY0.470+0.033
TTM0.5035Y0.396+0.108
5Y0.39610Y0.504-0.109
1.4.2. Debt to Equity Ratio

Measures if Mighty Craft Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Mighty Craft Ltd to the Beverages - Brewers industry mean.
  • A Debt to Equity ratio of 102.1% means that company has $1.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mighty Craft Ltd:

  • The MRQ is 1.021. The company is able to pay all its debts with equity. +1
  • The TTM is 1.021. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.021TTM1.0210.000
TTM1.021YOY0.912+0.110
TTM1.0215Y0.773+0.249
5Y0.77310Y0.644+0.129

2. Market Valuation of Mighty Craft 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 Mighty Craft Ltd generates.

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

Let's take a look of the Price to Earnings Ratio trends of Mighty Craft Ltd:

  • The EOD is 0.898. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.951. Based on the earnings, the company is cheap. +2
  • The TTM is 3.951. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.898MRQ3.951-3.053
MRQ3.951TTM3.9510.000
TTM3.951YOY-3.007+6.958
TTM3.9515Y-3.623+7.574
5Y-3.62310Y-3.019-0.604
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -0.672. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.955. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.955. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.672MRQ-2.955+2.283
MRQ-2.955TTM-2.9550.000
TTM-2.955YOY-16.443+13.488
TTM-2.9555Y-9.191+6.236
5Y-9.19110Y-7.659-1.532
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Beverages - Brewers industry mean).
  • A PB ratio of 0.36 means the investor is paying $0.36 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Mighty Craft Ltd:

  • The EOD is 0.081. Based on the equity, the company is cheap. +2
  • The MRQ is 0.359. Based on the equity, the company is cheap. +2
  • The TTM is 0.359. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.081MRQ0.359-0.277
MRQ0.359TTM0.3590.000
TTM0.359YOY1.033-0.675
TTM0.3595Y1.862-1.503
5Y1.86210Y1.551+0.310
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0200.0200%0.094-79%0.037-47%0.031-36%
Book Value Per Share--0.1840.1840%0.165+12%0.122+51%0.101+82%
Current Ratio--0.9040.9040%1.392-35%2.751-67%2.348-61%
Debt To Asset Ratio--0.5030.5030%0.470+7%0.396+27%0.5040%
Debt To Equity Ratio--1.0211.0210%0.912+12%0.773+32%0.644+59%
Dividend Per Share----0%0.016-100%0.007-100%0.006-100%
Eps--0.0170.0170%-0.057+438%-0.022+230%-0.018+209%
Free Cash Flow Per Share---0.022-0.0220%-0.010-54%-0.017-23%-0.015-32%
Free Cash Flow To Equity Per Share--0.0000.0000%0.087-101%0.035-101%0.030-101%
Gross Profit Margin--0.0260.0260%1.191-98%0.887-97%0.906-97%
Intrinsic Value_10Y_max---0.112--------
Intrinsic Value_10Y_min---0.256--------
Intrinsic Value_1Y_max---0.016--------
Intrinsic Value_1Y_min---0.020--------
Intrinsic Value_3Y_max---0.044--------
Intrinsic Value_3Y_min---0.065--------
Intrinsic Value_5Y_max---0.068--------
Intrinsic Value_5Y_min---0.116--------
Market Cap5476980.000-340%24098712.00024098712.0000%62072440.000-61%60743359.520-60%50619466.267-52%
Net Profit Margin--0.0740.0740%-7.131+9745%-3.975+5476%-4.781+6566%
Operating Margin---0.144-0.1440%-5.358+3625%-3.581+2390%-4.409+2966%
Operating Ratio--1.1441.1440%26.439-96%12.905-91%10.754-89%
Pb Ratio0.081-340%0.3590.3590%1.033-65%1.862-81%1.551-77%
Pe Ratio0.898-340%3.9513.9510%-3.007+176%-3.623+192%-3.019+176%
Price Per Share0.015-340%0.0660.0660%0.170-61%0.166-60%0.139-52%
Price To Free Cash Flow Ratio-0.672+77%-2.955-2.9550%-16.443+457%-9.191+211%-7.659+159%
Price To Total Gains Ratio0.768-340%3.3803.3800%1.546+119%9.021-63%9.021-63%
Quick Ratio--0.2860.2860%0.337-15%2.173-87%1.866-85%
Return On Assets--0.0450.0450%-0.182+504%-0.123+372%-0.110+344%
Return On Equity--0.0920.0920%-0.354+486%-0.236+358%-0.197+315%
Total Gains Per Share--0.0200.0200%0.110-82%0.044-56%0.037-47%
Usd Book Value--43678479.20043678479.2000%39044692.200+12%28887730.700+51%24059749.139+82%
Usd Book Value Change Per Share--0.0130.0130%0.061-79%0.024-47%0.020-36%
Usd Book Value Per Share--0.1200.1200%0.107+12%0.079+51%0.066+82%
Usd Dividend Per Share----0%0.010-100%0.005-100%0.004-100%
Usd Eps--0.0110.0110%-0.037+438%-0.014+230%-0.012+209%
Usd Free Cash Flow---5300584.400-5300584.4000%-2453372.500-54%-4072315.254-23%-3615601.560-32%
Usd Free Cash Flow Per Share---0.015-0.0150%-0.007-54%-0.011-23%-0.010-32%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.057-101%0.023-101%0.020-101%
Usd Market Cap3559489.302-340%15661752.92915661752.9290%40340878.756-61%39477109.352-60%32897591.127-52%
Usd Price Per Share0.010-340%0.0430.0430%0.110-61%0.108-60%0.090-52%
Usd Profit--3963740.1003963740.1000%-13416535.600+438%-5145770.941+230%-4301637.624+209%
Usd Revenue--53612200.70053612200.7000%1881460.500+2749%12987057.114+313%10824079.192+395%
Usd Total Gains Per Share--0.0130.0130%0.071-82%0.029-56%0.024-47%
 EOD+3 -5MRQTTM+0 -0YOY+15 -215Y+14 -2210Y+15 -21

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.898
Price to Book Ratio (EOD)Between0-10.081
Net Profit Margin (MRQ)Greater than00.074
Operating Margin (MRQ)Greater than0-0.144
Quick Ratio (MRQ)Greater than10.286
Current Ratio (MRQ)Greater than10.904
Debt to Asset Ratio (MRQ)Less than10.503
Debt to Equity Ratio (MRQ)Less than11.021
Return on Equity (MRQ)Greater than0.150.092
Return on Assets (MRQ)Greater than0.050.045
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.164
Ma 20Greater thanMa 500.017
Ma 50Greater thanMa 1000.016
Ma 100Greater thanMa 2000.017
OpenGreater thanClose0.015
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Net Working Capital  25,588-17,0308,558-5,4783,0796,4949,573-12,453-2,880
Income before Tax  -1,881-7,355-9,236-6,265-15,501-1,016-16,51726,2079,690
Net Income  -1,526-6,991-8,517-6,484-15,001-5,643-20,64426,7436,099
Net Income Applicable to Common Shares  -1,526-6,991-8,517-6,484-15,001-5,643-20,64426,7436,099



Latest Balance Sheet

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

Summary
Total Assets135,276
Total Liabilities68,068
Total Stockholder Equity66,650
 As reported
Total Liabilities 68,068
Total Stockholder Equity+ 66,650
Total Assets = 135,276

Assets

Total Assets135,276
Total Current Assets27,174
Long-term Assets108,102
Total Current Assets
Cash And Cash Equivalents 3,654
Net Receivables 4,927
Inventory 6,731
Other Current Assets 11,862
Total Current Assets  (as reported)27,174
Total Current Assets  (calculated)27,174
+/-0
Long-term Assets
Property Plant Equipment 24,927
Goodwill 37,369
Long Term Investments 32,249
Intangible Assets 47,072
Long-term Assets Other 3,749
Long-term Assets  (as reported)108,102
Long-term Assets  (calculated)145,366
+/- 37,264

Liabilities & Shareholders' Equity

Total Current Liabilities30,054
Long-term Liabilities38,014
Total Stockholder Equity66,650
Total Current Liabilities
Short-term Debt 1,123
Short Long Term Debt 85
Accounts payable 3,150
Other Current Liabilities 25,426
Total Current Liabilities  (as reported)30,054
Total Current Liabilities  (calculated)29,784
+/- 270
Long-term Liabilities
Long term Debt Total 31,797
Other Liabilities 6,217
Deferred Long Term Liability 601
Long-term Liabilities  (as reported)38,014
Long-term Liabilities  (calculated)38,615
+/- 601
Total Stockholder Equity
Common Stock108,985
Retained Earnings -43,237
Accumulated Other Comprehensive Income 902
Other Stockholders Equity 0
Total Stockholder Equity (as reported)66,650
Total Stockholder Equity (calculated)66,650
+/-0
Other
Capital Stock108,985
Cash and Short Term Investments 3,654
Common Stock Shares Outstanding 335,280
Current Deferred Revenue355
Liabilities and Stockholders Equity 135,276
Net Debt 29,266
Net Invested Capital 83,085
Net Tangible Assets 20,179
Net Working Capital -2,880
Property Plant and Equipment Gross 29,942
Short Long Term Debt Total 32,920



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-30
> Total Assets 
2,632
42,839
47,310
57,636
113,293
135,276
135,276113,29357,63647,31042,8392,632
   > Total Current Assets 
914
29,443
14,095
14,258
34,016
27,174
27,17434,01614,25814,09529,443914
       Cash And Cash Equivalents 
0
27,792
11,379
4,255
3,737
3,654
3,6543,7374,25511,37927,7920
       Net Receivables 
8
298
1,312
3,183
4,489
4,927
4,9274,4893,1831,3122988
       Other Current Assets 
0
588
312
961
683
11,862
11,8626839613125880
   > Long-term Assets 
0
13,395
33,215
43,378
79,277
108,102
108,10279,27743,37833,21513,3950
       Property Plant Equipment 
1,254
5,020
16,983
26,113
24,004
24,927
24,92724,00426,11316,9835,0201,254
       Goodwill 
0
1,231
5,453
6,842
36,584
37,369
37,36936,5846,8425,4531,2310
       Long Term Investments 
0
6,217
9,910
9,075
7,642
32,249
32,2497,6429,0759,9106,2170
       Intangible Assets 
0
1,948
494
1,031
9,966
47,072
47,0729,9661,0314941,9480
       Long-term Assets Other 
0
210
309
11
776
3,749
3,749776113092100
> Total Liabilities 
2,755
3,955
17,045
31,823
53,215
68,068
68,06853,21531,82317,0453,9552,755
   > Total Current Liabilities 
2,755
3,855
5,537
11,179
24,443
30,054
30,05424,44311,1795,5373,8552,755
       Short-term Debt 
2,717
24
209
549
1,349
1,123
1,1231,349549209242,717
       Short Long Term Debt 
0
24
55
144
234
85
8523414455240
       Accounts payable 
0
3,704
3,573
4,722
5,895
3,150
3,1505,8954,7223,5733,7040
       Other Current Liabilities 
0
127
1,682
5,863
9,128
25,426
25,4269,1285,8631,6821270
   > Long-term Liabilities 
0
100
11,508
20,644
28,772
38,014
38,01428,77220,64411,5081000
       Long term Debt Total 
0
100
11,457
20,547
25,843
31,797
31,79725,84320,54711,4571000
       Other Liabilities 
0
0
50
97
2,929
6,217
6,2172,929975000
       Deferred Long Term Liability 
0
0
126
686
784
601
60178468612600
> Total Stockholder Equity
-123
38,150
30,003
25,289
58,381
66,650
66,65058,38125,28930,00338,150-123
   Common Stock
1
39,255
39,174
48,943
104,062
108,985
108,985104,06248,94339,17439,2551
   Retained Earnings -43,237-48,998-25,657-10,402-2,005-125
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
0
0
1,231
2,004
3,317
0
03,3172,0041,23100



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 (+$)
totalRevenue82,493
Cost of Revenue-81,666
Gross Profit827827
 
Operating Income (+$)
Gross Profit827
Operating Expense-12,691
Operating Income-11,864-11,864
 
Operating Expense (+$)
Research Development426
Selling General Administrative22,844
Selling And Marketing Expenses5,940
Operating Expense12,69129,210
 
Net Interest Income (+$)
Interest Income22,978
Interest Expense-4,677
Other Finance Cost-22,977
Net Interest Income-4,676
 
Pretax Income (+$)
Operating Income-11,864
Net Interest Income-4,676
Other Non-Operating Income Expenses0
Income Before Tax (EBT)9,690-33,418
EBIT - interestExpense = -16,541
6,119
10,776
Interest Expense4,677
Earnings Before Interest and Taxes (EBIT)-11,86414,367
Earnings Before Interest and Taxes (EBITDA)-8,991
 
After tax Income (+$)
Income Before Tax9,690
Tax Provision-20
Net Income From Continuing Ops9,4149,670
Net Income6,099
Net Income Applicable To Common Shares6,099
 
Non-recurring Events
Discontinued Operations-3,627
Extraordinary Items-3,627
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses94,357
Total Other Income/Expenses Net21,5544,676
 

Technical Analysis of Mighty Craft Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mighty Craft Ltd. The general trend of Mighty Craft Ltd is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mighty Craft Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Mighty Craft Ltd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.018 < 0.023 < 0.028.

The bearish price targets are: 0.014 > 0.013 > 0.013.

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Mighty Craft 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 Mighty Craft Ltd. The current mas is .

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

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below 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 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 lower 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 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

Mighty Craft 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 Mighty Craft Ltd. The current macd is -0.00057945.

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 Mighty Craft Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Mighty Craft Ltd. 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 Mighty Craft Ltd 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
Mighty Craft Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMighty Craft 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 Mighty Craft Ltd. The current adx is 14.98.

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 Mighty Craft Ltd 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.
Mighty Craft 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 Mighty Craft Ltd. The current sar is 0.02199036.

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
Mighty Craft 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 Mighty Craft Ltd. The current rsi is 46.16. 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 -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Mighty Craft Ltd Daily Relative Strength Index (RSI) ChartMighty Craft 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 Mighty Craft Ltd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Mighty Craft Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Mighty Craft Ltd Daily Stochastic Oscillator ChartMighty Craft 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 Mighty Craft Ltd. The current cci is -68.96551724.

Mighty Craft Ltd Daily Commodity Channel Index (CCI) ChartMighty Craft 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 Mighty Craft Ltd. The current cmo is -11.44211805.

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
Mighty Craft Ltd Daily Chande Momentum Oscillator (CMO) ChartMighty Craft 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 Mighty Craft Ltd. The current willr is -83.33333333.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Mighty Craft Ltd Daily Williams %R ChartMighty Craft 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 Mighty Craft Ltd.

Mighty Craft 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 Mighty Craft Ltd. The current atr is 0.00217248.

Mighty Craft Ltd Daily Average True Range (ATR) ChartMighty Craft 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 Mighty Craft Ltd. The current obv is -41,491,094.

Mighty Craft Ltd Daily On-Balance Volume (OBV) ChartMighty Craft 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 Mighty Craft Ltd. The current mfi is 43.81.

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

  • MFI < 50: -1
Mighty Craft Ltd Daily Money Flow Index (MFI) ChartMighty Craft Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mighty Craft 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
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-13DMI 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28CCI 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).
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02SAR 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13SAR 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH 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).
2024-03-07SAR 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH 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).
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22RSI 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).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28CCI 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).
2024-04-02RSI 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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).
2024-04-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Mighty Craft Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.164
Ma 20Greater thanMa 500.017
Ma 50Greater thanMa 1000.016
Ma 100Greater thanMa 2000.017
OpenGreater thanClose0.015
Total1/5 (20.0%)
Penke

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