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Middle Island Resources Ltd
Buy, Hold or Sell?

Let's analyze Middle Island Resources Ltd together

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

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

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1. Quick Overview

1.1. Quick analysis of Middle Island Resources Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Middle Island Resources 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?
20.0%

What is your share worth?

Current worth
A$0.01
Expected worth in 1 year
A$0.02
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
8.3%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.016 - A$0.0227
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Middle Island Resources Ltd (5 min.)




Live pricePrice per Share (EOD)
A$0.02
Intrinsic Value Per Share
A$-0.13 - A$-0.05
Total Value Per Share
A$-0.12 - A$-0.04

2.2. Growth of Middle Island Resources Ltd (5 min.)




Is Middle Island Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.6m$2.5m$67.3k2.6%

How much money is Middle Island Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1m-$3.4m$2.3m218.6%
Net Profit Margin-2,375.2%-16,478.7%--

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

2.3. Financial Health of Middle Island Resources Ltd (5 min.)




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




  Industry Rankings (Gold)  


Richest
#331 / 463

Most Revenue
#148 / 463

Most Profit
#297 / 463

Most Efficient
#417 / 463
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Middle Island Resources Ltd?

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

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

Speculation

The Price per Share of Middle Island Resources Ltd is A$0.018. 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 Middle Island Resources 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 Middle Island Resources 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$0.01. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.01 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 Middle Island Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-22.3%0.00-22.3%-0.01-71.0%0.00-19.4%0.00-10.5%
Usd Book Value Change Per Share0.001.4%0.001.4%0.0146.0%0.0010.2%0.005.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.1%
Usd Total Gains Per Share0.001.4%0.001.4%0.0146.0%0.0010.2%0.005.1%
Usd Price Per Share0.01-0.01-0.02-0.04-0.03-
Price to Earnings Ratio-2.14--2.14--1.19-12.06--15.78-
Price-to-Total Gains Ratio34.71-34.71-1.83--63.28-21.61-
Price to Book Ratio0.89-0.89-1.62-43.58-32.89-
Price-to-Total Gains Ratio34.71-34.71-1.83--63.28-21.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0118548
Number of shares84354
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (84354 shares)20.81155.62
Gains per Year (84354 shares)83.22622.49
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1083731622612
20166156112441234
30250239218651856
40333322324872478
50416405331093100
60499488437313722
70583571543534344
80666654549744966
90749737655965588
100832820762186210

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%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%1.013.00.07.1%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.04.00.060.0%8.06.00.057.1%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%2.00.08.020.0%2.00.012.014.3%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%9.05.00.064.3%
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3.2. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0000.0000%0.013-97%0.003-87%0.001-73%
Book Value Per Share--0.0150.0150%0.014+3%0.006+124%0.004+303%
Current Ratio--22.88722.8870%26.597-14%19.950+15%13.247+73%
Debt To Asset Ratio--0.0370.0370%0.027+37%0.116-68%0.158-77%
Debt To Equity Ratio--0.0380.0380%0.028+38%0.151-75%0.212-82%
Dividend Per Share----0%-0%0.000-100%0.000-100%
Eps---0.006-0.0060%-0.019+219%-0.005-13%-0.003-53%
Free Cash Flow Per Share---0.007-0.0070%-0.019+176%-0.006-18%-0.003-56%
Free Cash Flow To Equity Per Share---0.003-0.0030%-0.019+560%-0.004+53%-0.002-25%
Gross Profit Margin--1.9481.9480%1.395+40%1.676+16%1.725+13%
Intrinsic Value_10Y_max---0.053--------
Intrinsic Value_10Y_min---0.134--------
Intrinsic Value_1Y_max---0.004--------
Intrinsic Value_1Y_min---0.010--------
Intrinsic Value_3Y_max---0.012--------
Intrinsic Value_3Y_min---0.033--------
Intrinsic Value_5Y_max---0.022--------
Intrinsic Value_5Y_min---0.060--------
Market Cap4914017.856+28%3549012.8963549012.8960%6279022.816-43%16380059.520-78%10619738.589-67%
Net Profit Margin---23.752-23.7520%-164.787+594%-339.097+1328%-212.961+797%
Operating Margin---28.216-28.2160%-79.017+180%-314.602+1015%-194.434+589%
Operating Ratio--29.21629.2160%79.017-63%314.361-91%196.372-85%
Pb Ratio1.237+28%0.8930.8930%1.623-45%43.582-98%32.888-97%
Pe Ratio-2.957-38%-2.135-2.1350%-1.186-44%12.064-118%-15.779+639%
Price Per Share0.018+28%0.0130.0130%0.023-43%0.060-78%0.039-67%
Price To Free Cash Flow Ratio-2.627-38%-1.898-1.8980%-1.218-36%-72.958+3745%-65.195+3336%
Price To Total Gains Ratio48.065+28%34.71434.7140%1.828+1799%-63.276+282%21.607+61%
Quick Ratio--33.29833.2980%27.204+22%22.461+48%14.230+134%
Return On Assets---0.403-0.4030%-1.332+230%-0.719+78%-0.601+49%
Return On Equity---0.418-0.4180%-1.368+227%-0.817+95%-0.721+72%
Total Gains Per Share--0.0000.0000%0.013-97%0.003-87%0.001-73%
Usd Book Value--2616061.9422616061.9420%2548728.653+3%1166219.440+124%648902.639+303%
Usd Book Value Change Per Share--0.0000.0000%0.008-97%0.002-87%0.001-73%
Usd Book Value Per Share--0.0100.0100%0.009+3%0.004+124%0.002+303%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps---0.004-0.0040%-0.013+219%-0.003-13%-0.002-53%
Usd Free Cash Flow---1231731.502-1231731.5020%-3395648.079+176%-1007416.045-18%-542112.859-56%
Usd Free Cash Flow Per Share---0.005-0.0050%-0.012+176%-0.004-18%-0.002-56%
Usd Free Cash Flow To Equity Per Share---0.002-0.0020%-0.012+560%-0.003+53%-0.001-25%
Usd Market Cap3236372.160+28%2337379.8932337379.8930%4135364.427-43%10787907.200-78%6994159.835-67%
Usd Price Per Share0.012+28%0.0090.0090%0.015-43%0.040-78%0.026-67%
Usd Profit---1094654.450-1094654.4500%-3487898.181+219%-1012431.452-8%-546655.987-50%
Usd Revenue--46086.19446086.1940%21166.087+118%14299.291+222%9302.006+395%
Usd Total Gains Per Share--0.0000.0000%0.008-97%0.002-87%0.001-73%
 EOD+6 -2MRQTTM+0 -0YOY+24 -105Y+20 -1610Y+17 -19

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.957
Price to Book Ratio (EOD)Between0-11.237
Net Profit Margin (MRQ)Greater than0-23.752
Operating Margin (MRQ)Greater than0-28.216
Quick Ratio (MRQ)Greater than133.298
Current Ratio (MRQ)Greater than122.887
Debt to Asset Ratio (MRQ)Less than10.037
Debt to Equity Ratio (MRQ)Less than10.038
Return on Equity (MRQ)Greater than0.15-0.418
Return on Assets (MRQ)Greater than0.05-0.403
Total4/10 (40.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.018
Total0/1 (0.0%)

4. In-depth Analysis

4.1 About Middle Island Resources Ltd

Middle Island Resources Limited engages in the identification, acquisition, and exploration of mineral assets in Australia. It explores for copper and gold. The company holds a 100% interest in the Barkly project that comprises 16 exploration licenses covering an area of approximately 6,918 square kilometers located in the Barkly region of the Northern Territory. Middle Island Resources Limited was incorporated in 2010 and is headquartered in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-10-14 20:02:04.

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 cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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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 Middle Island Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Middle Island Resources Ltd to the Gold industry mean.
  • A Net Profit Margin of -2,375.2% means that $-23.75 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Middle Island Resources Ltd:

  • The MRQ is -2,375.2%. The company is making a huge loss. -2
  • The TTM is -2,375.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,375.2%TTM-2,375.2%0.0%
TTM-2,375.2%YOY-16,478.7%+14,103.5%
TTM-2,375.2%5Y-33,909.7%+31,534.5%
5Y-33,909.7%10Y-21,296.1%-12,613.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,375.2%7.1%-2,382.3%
TTM-2,375.2%-0.3%-2,374.9%
YOY-16,478.7%-4.3%-16,474.4%
5Y-33,909.7%-18.6%-33,891.1%
10Y-21,296.1%-32.1%-21,264.0%
4.3.1.2. Return on Assets

Shows how efficient Middle Island Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Middle Island Resources Ltd to the Gold industry mean.
  • -40.3% Return on Assets means that Middle Island Resources Ltd generated $-0.40 profit for each $1 in assets.

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

  • The MRQ is -40.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -40.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-40.3%TTM-40.3%0.0%
TTM-40.3%YOY-133.2%+92.9%
TTM-40.3%5Y-71.9%+31.6%
5Y-71.9%10Y-60.1%-11.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-40.3%-3.2%-37.1%
TTM-40.3%-3.4%-36.9%
YOY-133.2%-3.7%-129.5%
5Y-71.9%-5.9%-66.0%
10Y-60.1%-8.3%-51.8%
4.3.1.3. Return on Equity

Shows how efficient Middle Island Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Middle Island Resources Ltd to the Gold industry mean.
  • -41.8% Return on Equity means Middle Island Resources Ltd generated $-0.42 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -41.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -41.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-41.8%TTM-41.8%0.0%
TTM-41.8%YOY-136.8%+95.0%
TTM-41.8%5Y-81.7%+39.8%
5Y-81.7%10Y-72.1%-9.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-41.8%-2.9%-38.9%
TTM-41.8%-3.3%-38.5%
YOY-136.8%-3.9%-132.9%
5Y-81.7%-6.0%-75.7%
10Y-72.1%-9.0%-63.1%
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4.3.2. Operating Efficiency of Middle Island Resources Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Middle Island Resources Ltd is operating .

  • Measures how much profit Middle Island Resources 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 Middle Island Resources Ltd to the Gold industry mean.
  • An Operating Margin of -2,821.6% means the company generated $-28.22  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Middle Island Resources Ltd:

  • The MRQ is -2,821.6%. The company is operating very inefficient. -2
  • The TTM is -2,821.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,821.6%TTM-2,821.6%0.0%
TTM-2,821.6%YOY-7,901.7%+5,080.2%
TTM-2,821.6%5Y-31,460.2%+28,638.7%
5Y-31,460.2%10Y-19,443.4%-12,016.9%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,821.6%12.4%-2,834.0%
TTM-2,821.6%9.8%-2,831.4%
YOY-7,901.7%2.0%-7,903.7%
5Y-31,460.2%-6.4%-31,453.8%
10Y-19,443.4%-23.5%-19,419.9%
4.3.2.2. Operating Ratio

Measures how efficient Middle Island Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 29.22 means that the operating costs are $29.22 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Middle Island Resources Ltd:

  • The MRQ is 29.216. The company is inefficient in keeping operating costs low. -1
  • The TTM is 29.216. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ29.216TTM29.2160.000
TTM29.216YOY79.017-49.801
TTM29.2165Y314.361-285.145
5Y314.36110Y196.372+117.989
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ29.2160.955+28.261
TTM29.2160.967+28.249
YOY79.0171.300+77.717
5Y314.3611.466+312.895
10Y196.3721.511+194.861
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4.4.3. Liquidity of Middle Island Resources Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Middle Island Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 22.89 means the company has $22.89 in assets for each $1 in short-term debts.

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

  • The MRQ is 22.887. The company is very able to pay all its short-term debts. +2
  • The TTM is 22.887. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ22.887TTM22.8870.000
TTM22.887YOY26.597-3.711
TTM22.8875Y19.950+2.937
5Y19.95010Y13.247+6.703
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ22.8872.238+20.649
TTM22.8872.532+20.355
YOY26.5972.956+23.641
5Y19.9504.175+15.775
10Y13.2474.810+8.437
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Middle Island Resources Ltd to the Gold industry mean.
  • A Quick Ratio of 33.30 means the company can pay off $33.30 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 33.298. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 33.298. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ33.298TTM33.2980.000
TTM33.298YOY27.204+6.094
TTM33.2985Y22.461+10.837
5Y22.46110Y14.230+8.231
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ33.2980.874+32.424
TTM33.2981.228+32.070
YOY27.2041.506+25.698
5Y22.4612.139+20.322
10Y14.2302.646+11.584
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4.5.4. Solvency of Middle Island Resources Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Middle Island Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Middle Island Resources Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.04 means that Middle Island Resources Ltd assets are financed with 3.7% credit (debt) and the remaining percentage (100% - 3.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.037. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.037. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.037TTM0.0370.000
TTM0.037YOY0.027+0.010
TTM0.0375Y0.116-0.080
5Y0.11610Y0.158-0.042
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0370.212-0.175
TTM0.0370.202-0.165
YOY0.0270.182-0.155
5Y0.1160.214-0.098
10Y0.1580.271-0.113
4.5.4.2. Debt to Equity Ratio

Measures if Middle Island Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Middle Island Resources Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 3.8% means that company has $0.04 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.038. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.038. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.038TTM0.0380.000
TTM0.038YOY0.028+0.011
TTM0.0385Y0.151-0.113
5Y0.15110Y0.212-0.062
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0380.215-0.177
TTM0.0380.223-0.185
YOY0.0280.200-0.172
5Y0.1510.264-0.113
10Y0.2120.299-0.087
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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 Middle Island Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Middle Island Resources Ltd to the Gold industry mean.
  • A PE ratio of -2.14 means the investor is paying $-2.14 for every $1 in earnings.

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

  • The EOD is -2.957. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.135. Based on the earnings, the company is expensive. -2
  • The TTM is -2.135. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.957MRQ-2.135-0.821
MRQ-2.135TTM-2.1350.000
TTM-2.135YOY-1.186-0.950
TTM-2.1355Y12.064-14.200
5Y12.06410Y-15.779+27.843
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-2.957-3.800+0.843
MRQ-2.135-3.789+1.654
TTM-2.135-4.552+2.417
YOY-1.186-5.619+4.433
5Y12.064-9.396+21.460
10Y-15.779-11.021-4.758
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 Middle Island Resources Ltd:

  • The EOD is -2.627. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.898. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.898. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.627MRQ-1.898-0.730
MRQ-1.898TTM-1.8980.000
TTM-1.898YOY-1.218-0.680
TTM-1.8985Y-72.958+71.060
5Y-72.95810Y-65.195-7.763
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-2.627-5.053+2.426
MRQ-1.898-4.770+2.872
TTM-1.898-5.165+3.267
YOY-1.218-5.828+4.610
5Y-72.958-10.480-62.478
10Y-65.195-12.669-52.526
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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 Middle Island Resources Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 0.89 means the investor is paying $0.89 for each $1 in book value.

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

  • The EOD is 1.237. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.893. Based on the equity, the company is cheap. +2
  • The TTM is 0.893. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.237MRQ0.893+0.344
MRQ0.893TTM0.8930.000
TTM0.893YOY1.623-0.729
TTM0.8935Y43.582-42.688
5Y43.58210Y32.888+10.694
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD1.2371.478-0.241
MRQ0.8931.258-0.365
TTM0.8931.257-0.364
YOY1.6231.514+0.109
5Y43.5822.407+41.175
10Y32.8882.669+30.219
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 Middle Island Resources Ltd.

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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
Other Stockholders Equity  -28345-238-198-436-3,434-3,8703,8700
Inventory  -238-1510-5-113-11715336



5.2. Latest Balance Sheet

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

Summary
Total Assets4,124
Total Liabilities152
Total Stockholder Equity3,972
 As reported
Total Liabilities 152
Total Stockholder Equity+ 3,972
Total Assets = 4,124

Assets

Total Assets4,124
Total Current Assets3,468
Long-term Assets656
Total Current Assets
Cash And Cash Equivalents 1,702
Short-term Investments 1,652
Net Receivables 39
Inventory 36
Other Current Assets 38
Total Current Assets  (as reported)3,468
Total Current Assets  (calculated)3,468
+/-0
Long-term Assets
Property Plant Equipment 656
Long-term Assets  (as reported)656
Long-term Assets  (calculated)656
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities152
Long-term Liabilities-
Total Stockholder Equity3,972
Total Current Liabilities
Accounts payable 70
Other Current Liabilities 81
Total Current Liabilities  (as reported)152
Total Current Liabilities  (calculated)152
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock50,332
Retained Earnings -46,403
Accumulated Other Comprehensive Income 43
Other Stockholders Equity 0
Total Stockholder Equity (as reported)3,972
Total Stockholder Equity (calculated)3,972
+/-0
Other
Cash and Short Term Investments 3,354
Common Stock Shares Outstanding 185,925
Liabilities and Stockholders Equity 4,124
Net Debt -1,702



5.3. Balance Sheets Structured

All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-30
> Total Assets 
16,151
13,583
16,309
9,428
4,740
3,554
6,307
5,954
6,022
4,607
8,866
7,329
9,312
3,977
4,124
4,1243,9779,3127,3298,8664,6076,0225,9546,3073,5544,7409,42816,30913,58316,151
   > Total Current Assets 
13,600
10,303
13,058
5,796
1,640
732
5,327
1,852
2,645
1,214
5,255
3,599
5,206
2,845
3,468
3,4682,8455,2063,5995,2551,2142,6451,8525,3277321,6405,79613,05810,30313,600
       Cash And Cash Equivalents 
13,580
9,983
12,959
5,631
1,588
565
3,613
1,842
1,553
565
4,712
3,248
4,895
2,659
1,702
1,7022,6594,8953,2484,7125651,5531,8423,6135651,5885,63112,9599,98313,580
       Short-term Investments 
0
0
0
0
0
0
0
0
848
380
480
315
97
117
1,652
1,6521179731548038084800000000
       Net Receivables 
20
320
98
164
42
38
4
6
20
13
63
37
153
16
39
3916153376313206438421649832020
       Other Current Assets 
0
0
0
0
10
129
1,710
4
1,072
637
484
315
62
52
38
3852623154846371,07241,710129100000
   > Long-term Assets 
2,551
3,280
3,251
3,632
3,100
2,822
980
4,102
3,377
3,393
3,611
3,730
4,106
1,132
656
6561,1324,1063,7303,6113,3933,3774,1029802,8223,1003,6323,2513,2802,551
       Property Plant Equipment 
2,551
3,280
3,251
3,632
3,100
2,822
980
4,102
3,377
3,393
2,085
2,054
81
47
656
65647812,0542,0853,3933,3774,1029802,8223,1003,6323,2513,2802,551
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
4,025
1,085
0
01,0854,025000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000
> Total Liabilities 
35
383
903
470
129
228
393
1,810
1,604
1,396
2,280
1,800
146
107
152
1521071461,8002,2801,3961,6041,81039322812947090338335
   > Total Current Liabilities 
35
383
903
470
129
228
393
607
400
192
895
415
146
107
152
15210714641589519240060739322812947090338335
       Short-term Debt 
0
0
0
0
0
0
0
0
848
32
97
70
14
0
0
001470973284800000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
32
70
70
14
0
0
0014707032000000000
       Accounts payable 
35
293
410
197
2
98
65
34
60
56
543
40
71
42
70
704271405435660346598219741029335
       Other Current Liabilities 
0
90
493
273
126
130
328
573
341
137
254
305
61
65
81
816561305254137341573328130126273493900
   > Long-term Liabilities 
0
0
0
0
0
0
0
1,203
1,203
1,203
1,385
1,385
1
0
0
0011,3851,3851,2031,2031,2030000000
       Other Liabilities 
0
0
0
0
0
0
0
1,203
1,203
1,203
1,385
1,385
1
0
0
0011,3851,3851,2031,2031,2030000000
> Total Stockholder Equity
16,116
13,200
15,406
8,958
4,612
3,326
5,914
4,144
4,419
3,212
6,586
5,529
9,166
3,870
3,972
3,9723,8709,1665,5296,5863,2124,4194,1445,9143,3264,6128,95815,40613,20016,116
   Common Stock
16,285
16,204
25,733
25,733
25,733
25,733
31,400
33,171
34,954
36,306
42,737
48,611
48,611
48,611
50,332
50,33248,61148,61148,61142,73736,30634,95433,17131,40025,73325,73325,73325,73316,20416,285
   Retained Earnings -46,403-44,741-39,445-43,606-36,785-33,610-31,685-30,151-25,895-22,725-21,672-17,396-10,442-3,249-169
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
0
0
0
550
317
409
1,124
1,149
0
-5,953
-5,005
-9,166
-3,870
0
0-3,870-9,166-5,005-5,95301,1491,1244093175500000



5.4. Balance Sheets

All numbers in thousands.




5.5. Cash Flows

All numbers in thousands.




5.6. Income Statements

All numbers in thousands.


5.7. Latest Income Statement

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

Gross Profit (+$)
totalRevenue70
Cost of Revenue-33
Gross Profit3737
 
Operating Income (+$)
Gross Profit37
Operating Expense-2,011
Operating Income-1,941-1,974
 
Operating Expense (+$)
Research Development-
Selling General Administrative436
Selling And Marketing Expenses1,575
Operating Expense2,0112,011
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-1,941
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-1,662-2,220
EBIT - interestExpense = -1,974
-1,695
-1,662
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-1,974-1,662
Earnings Before Interest and Taxes (EBITDA)-1,941
 
After tax Income (+$)
Income Before Tax-1,662
Tax Provision--
Net Income From Continuing Ops--1,662
Net Income-1,662
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses2,011
Total Other Income/Expenses Net2790
 

Technical Analysis of Middle Island Resources 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 Middle Island Resources Ltd. The general trend of Middle Island Resources Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Middle Island Resources 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 StateBullish trend Bearish trend
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 Middle Island Resources 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: 0.021 < 0.0227 < 0.0227.

The bearish price targets are: 0.017 > 0.017 > 0.016.

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Middle Island Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMiddle Island Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

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

Middle Island Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Middle Island Resources Ltd.

Middle Island Resources Ltd 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 Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Relative Strength Index (RSI) ChartMiddle Island Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Stochastic Oscillator ChartMiddle Island Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Commodity Channel Index (CCI) ChartMiddle Island Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartMiddle Island Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Williams %R ChartMiddle Island Resources Ltd 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 Middle Island Resources Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Average True Range (ATR) ChartMiddle Island Resources Ltd 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 Middle Island Resources Ltd.

Middle Island Resources Ltd Daily On-Balance Volume (OBV) ChartMiddle Island Resources Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Middle Island Resources Ltd.

Middle Island Resources Ltd Daily Money Flow Index (MFI) ChartMiddle Island Resources Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Middle Island Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2024-06-19CCI 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).
2024-06-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-28STOCH 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).
2024-07-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-09SAR 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-16RSI 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
2024-07-19STOCH 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).
2024-07-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-01DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-02STOCH 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).
2024-08-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-08-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-09-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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
2024-10-01DMI 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-09MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-10-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-18STOCH 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).
2024-10-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Middle Island Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.018
Total0/1 (0.0%)
Penke
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