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Mindax Limited
Buy, Hold or Sell?

Let's analyse Mindax together

PenkeI guess you are interested in Mindax Limited. 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 Mindax Limited. 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 Mindax (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.01
Expected worth in 1 year
A$0.01
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
2.1%

For what price can you sell your share?

Current Price per Share
A$0.04
Expected price per share
A$0.04 - A$0.048
How sure are you?
50%
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1. Valuation of Mindax (5 min.)




Live pricePrice per Share (EOD)

A$0.04

Intrinsic Value Per Share

A$-0.02 - A$-0.02

Total Value Per Share

A$-0.01 - A$-0.01

2. Growth of Mindax (5 min.)




Is Mindax growing?

Current yearPrevious yearGrowGrow %
How rich?$12.3m$12m$280.8k2.3%

How much money is Mindax making?

Current yearPrevious yearGrowGrow %
Making money-$3.6m$8.7m-$12.3m-341.0%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Mindax (5 min.)




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




  Industry Rankings (Gold)  

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

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

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

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

Speculation

The Price per Share of Mindax is A$0.04. 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 Mindax.
  • 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 Mindax, 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 Mindax.

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 Eps0.00-4.4%0.00-4.4%0.0010.7%0.000.9%0.00-1.8%
Usd Book Value Change Per Share0.000.3%0.000.3%0.0011.7%0.002.8%0.00-0.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.3%0.000.3%0.0011.7%0.002.8%0.00-0.6%
Usd Price Per Share0.04-0.04-0.04-0.03-0.02-
Price to Earnings Ratio-22.78--22.78-8.99--29.69--22.94-
Price-to-Total Gains Ratio293.48-293.48-8.17-185.08-84.33-
Price to Book Ratio6.66-6.66-6.48-11.12-10.47-
Price-to-Total Gains Ratio293.48-293.48-8.17-185.08-84.33-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.025996
Number of shares38467
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 (38467 shares)5.2843.77
Gains per Year (38467 shares)21.13175.06
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1021110175165
2042320350340
3063530525515
4085740700690
50106950875865
60127116010501040
70148137012251215
80169158014001390
90190179015761565
100211200017511740

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%1.010.09.05.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.04.00.060.0%14.06.00.070.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.020.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.04.00.060.0%14.06.00.070.0%
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Fundamentals of Mindax

About Mindax Limited

Mindax Limited explores for mineral properties in Australia. The company operates in two segments, Gold and Iron Ore. Its principal projects are the Mt Lucky Gold project, Meekatharra gold project, and Mt Forrest iron project. The company was incorporated in 2003 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-02-09 20:08:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
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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1.1. Profitability of Mindax Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

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

Let's take a look of the Net Profit Margin trends of Mindax Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-218,895.9%+218,895.9%
5Y-218,895.9%10Y-1,347,917.3%+1,129,021.4%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--1.9%+1.9%
TTM--5.3%+5.3%
YOY--3.3%+3.3%
5Y-218,895.9%-21.9%-218,874.0%
10Y-1,347,917.3%-29.4%-1,347,887.9%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Mindax to the Gold industry mean.
  • -28.8% Return on Assets means that Mindax generated $-0.29 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mindax Limited:

  • The MRQ is -28.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -28.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-28.8%TTM-28.8%0.0%
TTM-28.8%YOY70.7%-99.5%
TTM-28.8%5Y-8.2%-20.6%
5Y-8.2%10Y-142.3%+134.1%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-28.8%-3.8%-25.0%
TTM-28.8%-4.7%-24.1%
YOY70.7%-4.8%+75.5%
5Y-8.2%-7.1%-1.1%
10Y-142.3%-9.2%-133.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Mindax to the Gold industry mean.
  • -29.2% Return on Equity means Mindax generated $-0.29 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mindax Limited:

  • The MRQ is -29.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -29.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-29.2%TTM-29.2%0.0%
TTM-29.2%YOY72.1%-101.3%
TTM-29.2%5Y-20.7%-8.6%
5Y-20.7%10Y-300.2%+279.5%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-29.2%-3.8%-25.4%
TTM-29.2%-4.6%-24.6%
YOY72.1%-5.4%+77.5%
5Y-20.7%-8.5%-12.2%
10Y-300.2%-10.9%-289.3%
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1.2. Operating Efficiency of Mindax Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mindax is operating .

  • Measures how much profit Mindax 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 Mindax to the Gold industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mindax Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-201,524.6%+201,524.6%
5Y-201,524.6%10Y-1,339,231.6%+1,137,707.0%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--6.2%+6.2%
TTM-1.6%-1.6%
YOY-3.5%-3.5%
5Y-201,524.6%-9.2%-201,515.4%
10Y-1,339,231.6%-19.8%-1,339,211.8%
1.2.2. Operating Ratio

Measures how efficient Mindax is keeping operating costs low.

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

Let's take a look of the Operating Ratio trends of Mindax Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y2,015.246-2,015.246
5Y2,015.24610Y13,392.817-11,377.571
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.494-1.494
TTM-1.318-1.318
YOY-1.343-1.343
5Y2,015.2461.505+2,013.741
10Y13,392.8171.508+13,391.309
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1.3. Liquidity of Mindax Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 17.15 means the company has $17.15 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Mindax Limited:

  • The MRQ is 17.148. The company is very able to pay all its short-term debts. +2
  • The TTM is 17.148. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ17.148TTM17.1480.000
TTM17.148YOY4.685+12.462
TTM17.1485Y5.086+12.062
5Y5.08610Y2.632+2.454
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ17.1482.386+14.762
TTM17.1482.568+14.580
YOY4.6853.682+1.003
5Y5.0864.079+1.007
10Y2.6324.493-1.861
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Mindax to the Gold industry mean.
  • A Quick Ratio of 0.19 means the company can pay off $0.19 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mindax Limited:

  • The MRQ is 0.188. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.188. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.188TTM0.1880.000
TTM0.188YOY4.661-4.473
TTM0.1885Y1.684-1.495
5Y1.68410Y0.863+0.821
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1880.792-0.604
TTM0.1880.694-0.506
YOY4.6610.991+3.670
5Y1.6841.295+0.389
10Y0.8631.426-0.563
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1.4. Solvency of Mindax Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Mindax to Gold industry mean.
  • A Debt to Asset Ratio of 0.01 means that Mindax assets are financed with 1.4% credit (debt) and the remaining percentage (100% - 1.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Mindax Limited:

  • The MRQ is 0.014. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.014. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.014TTM0.0140.000
TTM0.014YOY0.019-0.005
TTM0.0145Y0.234-0.220
5Y0.23410Y0.294-0.060
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0140.194-0.180
TTM0.0140.189-0.175
YOY0.0190.162-0.143
5Y0.2340.221+0.013
10Y0.2940.245+0.049
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Mindax to the Gold industry mean.
  • A Debt to Equity ratio of 1.4% means that company has $0.01 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mindax Limited:

  • The MRQ is 0.014. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.014. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.014TTM0.0140.000
TTM0.014YOY0.019-0.005
TTM0.0145Y0.473-0.459
5Y0.47310Y0.562-0.089
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0140.196-0.182
TTM0.0140.196-0.182
YOY0.0190.176-0.157
5Y0.4730.236+0.237
10Y0.5620.272+0.290
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2. Market Valuation of Mindax Limited

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 Mindax generates.

  • Above 15 is considered overpriced but always compare Mindax to the Gold industry mean.
  • A PE ratio of -22.78 means the investor is paying $-22.78 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mindax Limited:

  • The EOD is -14.695. Based on the earnings, the company is expensive. -2
  • The MRQ is -22.777. Based on the earnings, the company is expensive. -2
  • The TTM is -22.777. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-14.695MRQ-22.777+8.082
MRQ-22.777TTM-22.7770.000
TTM-22.777YOY8.993-31.770
TTM-22.7775Y-29.689+6.913
5Y-29.68910Y-22.936-6.754
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-14.695-2.859-11.836
MRQ-22.777-3.628-19.149
TTM-22.777-4.409-18.368
YOY8.993-6.732+15.725
5Y-29.689-9.131-20.558
10Y-22.936-9.301-13.635
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Mindax Limited:

  • The EOD is -34.077. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -52.820. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -52.820. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-34.077MRQ-52.820+18.742
MRQ-52.820TTM-52.8200.000
TTM-52.820YOY-124.995+72.176
TTM-52.8205Y-85.311+32.492
5Y-85.31110Y-42.656-42.656
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-34.077-3.228-30.849
MRQ-52.820-4.027-48.793
TTM-52.820-4.935-47.885
YOY-124.995-7.010-117.985
5Y-85.311-11.194-74.117
10Y-42.656-11.608-31.048
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Mindax 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 6.66 means the investor is paying $6.66 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Mindax Limited:

  • The EOD is 4.295. Based on the equity, the company is fair priced.
  • The MRQ is 6.658. Based on the equity, the company is overpriced. -1
  • The TTM is 6.658. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.295MRQ6.658-2.362
MRQ6.658TTM6.6580.000
TTM6.658YOY6.483+0.175
TTM6.6585Y11.117-4.459
5Y11.11710Y10.472+0.645
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD4.2950.942+3.353
MRQ6.6581.178+5.480
TTM6.6581.267+5.391
YOY6.4831.809+4.674
5Y11.1172.416+8.701
10Y10.4722.494+7.978
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Mindax Limited 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%0.007-97%0.002-88%0.000+276%
Book Value Per Share--0.0090.0090%0.009+2%0.004+117%0.003+173%
Current Ratio--17.14817.1480%4.685+266%5.086+237%2.632+552%
Debt To Asset Ratio--0.0140.0140%0.019-25%0.234-94%0.294-95%
Debt To Equity Ratio--0.0140.0140%0.019-26%0.473-97%0.562-97%
Dividend Per Share----0%-0%-0%-0%
Eps---0.003-0.0030%0.007-141%0.001-618%-0.001-58%
Free Cash Flow Per Share---0.001-0.0010%0.000-60%0.000-63%0.000-63%
Free Cash Flow To Equity Per Share--0.0010.0010%0.000+950%0.001+134%0.001+134%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.022--------
Intrinsic Value_10Y_min---0.018--------
Intrinsic Value_1Y_max---0.001--------
Intrinsic Value_1Y_min---0.001--------
Intrinsic Value_3Y_max---0.004--------
Intrinsic Value_3Y_min---0.004--------
Intrinsic Value_5Y_max---0.008--------
Intrinsic Value_5Y_min---0.007--------
Market Cap81822402.560-55%126824723.968126824723.9680%120688043.776+5%79367730.483+60%55393766.533+129%
Net Profit Margin----0%-0%-2188.9590%-13479.1730%
Operating Margin----0%-0%-2015.2460%-13392.3160%
Operating Ratio----0%-0%2015.246-100%13392.817-100%
Pb Ratio4.295-55%6.6586.6580%6.483+3%11.117-40%10.472-36%
Pe Ratio-14.695+35%-22.777-22.7770%8.993-353%-29.689+30%-22.936+1%
Price Per Share0.040-55%0.0620.0620%0.059+5%0.039+60%0.027+129%
Price To Free Cash Flow Ratio-34.077+35%-52.820-52.8200%-124.995+137%-85.311+62%-42.656-19%
Price To Total Gains Ratio189.343-55%293.482293.4820%8.175+3490%185.080+59%84.326+248%
Quick Ratio--0.1880.1880%4.661-96%1.684-89%0.863-78%
Return On Assets---0.288-0.2880%0.707-141%-0.082-71%-1.423+394%
Return On Equity---0.292-0.2920%0.721-141%-0.207-29%-3.002+927%
Total Gains Per Share--0.0000.0000%0.007-97%0.002-88%0.000+276%
Usd Book Value--12380243.40412380243.4040%12099396.918+2%5694838.046+117%4527890.539+173%
Usd Book Value Change Per Share--0.0000.0000%0.005-97%0.001-88%0.000+276%
Usd Book Value Per Share--0.0060.0060%0.006+2%0.003+117%0.002+173%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.0020%0.004-141%0.000-618%-0.001-58%
Usd Free Cash Flow---1560472.290-1560472.2900%-627505.096-60%-571326.440-63%-285663.220-82%
Usd Free Cash Flow Per Share---0.001-0.0010%0.000-60%0.000-63%0.000-63%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.000+950%0.000+134%0.000+134%
Usd Market Cap53176379.424-55%82423388.10782423388.1070%78435159.650+5%51581088.041+60%36000408.870+129%
Usd Price Per Share0.026-55%0.0400.0400%0.038+5%0.025+60%0.018+129%
Usd Profit---3618782.929-3618782.9290%8721402.589-141%699095.480-618%-1502997.799-58%
Usd Revenue----0%-0%8.969-100%5852.350-100%
Usd Total Gains Per Share--0.0000.0000%0.005-97%0.001-88%0.000+276%
 EOD+2 -6MRQTTM+0 -0YOY+13 -165Y+14 -1710Y+21 -10

3.2. Fundamental Score

Let's check the fundamental score of Mindax Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-14.695
Price to Book Ratio (EOD)Between0-14.295
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.188
Current Ratio (MRQ)Greater than117.148
Debt to Asset Ratio (MRQ)Less than10.014
Debt to Equity Ratio (MRQ)Less than10.014
Return on Equity (MRQ)Greater than0.15-0.292
Return on Assets (MRQ)Greater than0.05-0.288
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Mindax Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.040
Total0/1 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets19,323
Total Liabilities274
Total Stockholder Equity19,049
 As reported
Total Liabilities 274
Total Stockholder Equity+ 19,049
Total Assets = 19,323

Assets

Total Assets19,323
Total Current Assets4,698
Long-term Assets14,626
Total Current Assets
Cash And Cash Equivalents 4,628
Net Receivables 52
Total Current Assets  (as reported)4,698
Total Current Assets  (calculated)4,679
+/- 18
Long-term Assets
Property Plant Equipment 1,468
Long Term Investments 13,158
Long-term Assets  (as reported)14,626
Long-term Assets  (calculated)14,626
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities274
Long-term Liabilities0
Total Stockholder Equity19,049
Total Current Liabilities
Accounts payable 272
Total Current Liabilities  (as reported)274
Total Current Liabilities  (calculated)272
+/- 2
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)19,049
Total Stockholder Equity (calculated)0
+/- 19,049
Other
Capital Stock55,424
Common Stock Shares Outstanding 2,045,559
Net Invested Capital 19,049
Net Working Capital 4,424
Property Plant and Equipment Gross 1,480



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-30
> Total Assets 
835
4,865
5,456
4,770
14,137
13,779
19,951
19,973
23,407
28,220
22,776
1,751
1,579
1,799
2,197
2,222
2,619
4,251
18,978
19,323
19,32318,9784,2512,6192,2222,1971,7991,5791,75122,77628,22023,40719,97319,95113,77914,1374,7705,4564,865835
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
4,000
431
132
32
36
230
28
196
1,364
1,690
4,698
4,6981,6901,3641962823036321324314,000000000000
       Cash And Cash Equivalents 
235
2,628
1,972
991
9,241
7,832
10,956
1,974
2,201
3,460
243
88
14
22
214
7
179
1,189
1,682
4,628
4,6281,6821,18917972142214882433,4602,2011,97410,9567,8329,2419911,9722,628235
       Short-term Investments 
0
0
0
0
0
0
0
162
148
149
124
0
0
0
0
0
0
0
0
0
0000000001241491481620000000
       Net Receivables 
23
13
45
18
22
120
157
1,764
15
85
24
13
13
11
13
15
16
167
0
52
5201671615131113132485151,7641571202218451323
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,194
2,423
2,886
17,288
14,626
14,62617,2882,8862,4232,194000000000000000
       Property Plant Equipment 
540
2,209
3,400
3,721
4,823
5,631
8,631
15,936
20,998
24,404
22,282
1,556
1,545
1,760
1,963
2,192
2,420
2,883
488
1,468
1,4684882,8832,4202,1921,9631,7601,5451,55622,28224,40420,99815,9368,6315,6314,8233,7213,4002,209540
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,800
13,158
13,15816,800000000000000000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
3
3
0
0
00333000000000000000
> Total Liabilities 
238
253
350
228
6,225
480
389
967
524
1,558
1,042
941
450
759
1,052
1,062
1,487
397
361
274
2743613971,4871,0621,0527594509411,0421,5585249673894806,225228350253238
   > Total Current Liabilities 
238
241
247
161
6,225
480
389
937
524
1,558
1,042
941
450
759
1,052
1,062
1,487
397
361
274
2743613971,4871,0621,0527594509411,0421,5585249373894806,225161247241238
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
800
800
0
11
100
0
0
0
0
0
000001001108008000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
800
800
0
11
100
0
0
0
0
0
000001001108008000000000000
       Accounts payable 
24
76
121
42
181
218
224
464
57
536
54
18
101
86
31
34
226
171
361
272
272361171226343186101185453657464224218181421217624
       Other Current Liabilities 
214
150
81
83
5,975
256
161
473
467
1,022
187
123
349
662
921
1,028
1,261
226
0
0
002261,2611,0289216623491231871,0224674731612565,9758381150214
   > Long-term Liabilities 00000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
30
0
0
0
0
0
0
0
0
0
0
0
0
000000000000300000000
> Total Stockholder Equity
597
4,612
5,106
4,542
7,912
13,299
19,562
19,007
22,883
26,662
21,734
809
1,129
1,041
1,144
1,160
1,132
3,854
18,617
19,049
19,04918,6173,8541,1321,1601,1441,0411,12980921,73426,66222,88319,00719,56213,2997,9124,5425,1064,612597
   Common Stock
609
4,876
5,774
6,345
10,271
17,906
25,896
27,752
35,782
41,518
42,318
40,946
42,261
42,743
43,443
44,214
44,772
48,625
49,969
0
049,96948,62544,77244,21443,44342,74342,26140,94642,31841,51835,78227,75225,89617,90610,2716,3455,7744,876609
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
871
871
871
871
0
0871871871871000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
871
871
871
871
871
871
0
0
0
0
00008718718718718718710000000000



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 (+$)
totalRevenue-
Cost of Revenue--
Gross Profit-0
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-1,9260
 
Operating Expense (+$)
Research Development-
Selling General Administrative1,714
Selling And Marketing Expenses-
Operating Expense-1,714
 
Net Interest Income (+$)
Interest Income0
Interest Expense--
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-1,926
Net Interest Income0
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-5,5681,717
EBIT - interestExpense = 0
-5,568
-5,568
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--5,568
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-5,568
Tax Provision-0
Net Income From Continuing Ops-5,568-5,568
Net Income-5,568
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-3,6430
 

Technical Analysis of Mindax
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 Mindax. The general trend of Mindax 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 Mindax'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 Mindax Limited.

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

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

The bullish price targets are: 0.046 < 0.046 < 0.048.

The bearish price targets are: 0.04 > 0.04 > 0.04.

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Mindax Limited 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 Mindax Limited. 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

Mindax Limited 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 Mindax Limited.

Mindax Limited Daily Moving Average Convergence/Divergence (MACD) ChartMindax Limited 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 Mindax Limited. The current adx is .

Mindax Limited 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 Mindax Limited.

Mindax Limited 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 Mindax Limited.

Mindax Limited Daily Relative Strength Index (RSI) ChartMindax Limited 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 Mindax Limited.

Mindax Limited Daily Stochastic Oscillator ChartMindax Limited 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 Mindax Limited.

Mindax Limited Daily Commodity Channel Index (CCI) ChartMindax Limited 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 Mindax Limited.

Mindax Limited Daily Chande Momentum Oscillator (CMO) ChartMindax Limited 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 Mindax Limited.

Mindax Limited Daily Williams %R ChartMindax Limited 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 Mindax Limited.

Mindax Limited 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 Mindax Limited.

Mindax Limited Daily Average True Range (ATR) ChartMindax Limited 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 Mindax Limited.

Mindax Limited Daily On-Balance Volume (OBV) ChartMindax Limited 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 Mindax Limited.

Mindax Limited Daily Money Flow Index (MFI) ChartMindax Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mindax Limited.

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
2023-10-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-10-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-10-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-10-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-10-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-10-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-27DMI 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).
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-16MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Mindax Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Mindax Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.040
Total0/1 (0.0%)
Penke

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