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Megado Minerals Limited
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Let's analyse Megado Minerals Limited together

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










What can you expect buying and holding a share of Megado Minerals Limited? (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$0.04
Expected worth in 1 year
A$0.10
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.07
Return On Investment
611.8%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.01 - A$0.016
How sure are you?
50%

1. Valuation of Megado Minerals Limited (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.12 - A$-0.15

Total Value Per Share

A$-0.09 - A$-0.11

2. Growth of Megado Minerals Limited (5 min.)




Is Megado Minerals Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$5.7m$3m$2.7m47.8%

How much money is Megado Minerals Limited making?

Current yearPrevious yearGrowGrow %
Making money-$880.8k-$5m$4.1m468.6%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Megado Minerals Limited (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  

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

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

What can you expect buying and holding a share of Megado Minerals Limited?

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

Speculation

The Price per Share of Megado Minerals Limited is A$0.011. 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 Megado Minerals Limited.
  • 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 Megado Minerals Limited, 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$0.04. Based on the TTM, the Book Value Change Per Share is A$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Megado Minerals Limited.

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 Eps0.00-31.5%0.00-31.5%-0.02-178.9%-0.01-58.8%-0.01-58.8%
Usd Book Value Change Per Share0.0198.7%0.0198.7%-0.01-57.5%0.0041.3%0.0041.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0198.7%0.0198.7%-0.01-57.5%0.0041.3%0.0041.3%
Usd Price Per Share0.02-0.02-0.03-0.05-0.05-
Price to Earnings Ratio-6.52--6.52--1.48--14.29--14.29-
Price-to-Total Gains Ratio2.08-2.08--4.59--2.73--2.73-
Price to Book Ratio0.99-0.99-2.45-2.49-2.49-
Price-to-Total Gains Ratio2.08-2.08--4.59--2.73--2.73-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0070972
Number of shares140900
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (140900 shares)1,529.59639.66
Gains per Year (140900 shares)6,118.372,558.65
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1061186108025592549
201223712226051175108
301835518344076767667
40244732446201023510226
50305923058001279312785
60367103669801535215344
70428294281601791117903
80489474893402046920462
90550655505202302823021
100611846117002558625580

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.05.00.00.0%0.05.00.00.0%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%3.02.00.060.0%3.02.00.060.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.05.00.0%0.00.05.00.0%
Total Gains per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%3.02.00.060.0%3.02.00.060.0%

Fundamentals of Megado Minerals Limited

About Megado Minerals Limited

Megado Minerals Limited operates as a mineral exploration company in North America. It explores for rare earth elements and lithium. The company holds 100% interest in North Fork Rare Earth Project comprising 499 mining lode claims covering approximately 42 square kilometers in the Salmon-Challis National Forest in Lemhi County, Idaho. It also holds interests in the Cyclone lithium project comprising 304 claims covering 130 square kilometers located near the James Bay region in Quebec, Canada. The company was formerly known as Megado Gold Limited and changed its name to Megado Minerals Limited in July 2022. Megado Minerals Limited was incorporated in 2019 and is based in Perth, Australia.

Fundamental data was last updated by Penke on 2024-04-22 06:33:03.

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 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.

Valuation

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

1.1. Profitability of Megado Minerals Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Megado Minerals Limited earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Megado Minerals Limited to the Other Industrial Metals & Mining 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 Megado Minerals 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-0.0%
5Y-10Y-0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--72.0%+72.0%
TTM--85.6%+85.6%
YOY--69.1%+69.1%
5Y--516.0%+516.0%
10Y--960.8%+960.8%
1.1.2. Return on Assets

Shows how efficient Megado Minerals Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Megado Minerals Limited to the Other Industrial Metals & Mining industry mean.
  • -15.2% Return on Assets means that Megado Minerals Limited generated $-0.15 profit for each $1 in assets.

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

  • The MRQ is -15.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -15.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-15.2%TTM-15.2%0.0%
TTM-15.2%YOY-157.9%+142.7%
TTM-15.2%5Y-90.3%+75.1%
5Y-90.3%10Y-90.3%0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.2%-8.6%-6.6%
TTM-15.2%-8.6%-6.6%
YOY-157.9%-7.6%-150.3%
5Y-90.3%-12.7%-77.6%
10Y-90.3%-18.0%-72.3%
1.1.3. Return on Equity

Shows how efficient Megado Minerals Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Megado Minerals Limited to the Other Industrial Metals & Mining industry mean.
  • -15.2% Return on Equity means Megado Minerals Limited generated $-0.15 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -15.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -15.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-15.2%TTM-15.2%0.0%
TTM-15.2%YOY-166.2%+150.9%
TTM-15.2%5Y-304.8%+289.6%
5Y-304.8%10Y-304.8%0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.2%-9.3%-5.9%
TTM-15.2%-9.2%-6.0%
YOY-166.2%-8.8%-157.4%
5Y-304.8%-13.3%-291.5%
10Y-304.8%-18.8%-286.0%

1.2. Operating Efficiency of Megado Minerals Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Megado Minerals Limited is operating .

  • Measures how much profit Megado Minerals Limited 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 Megado Minerals Limited to the Other Industrial Metals & Mining 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 Megado Minerals 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-0.0%
5Y-10Y-0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--423.9%+423.9%
TTM--170.1%+170.1%
YOY--145.5%+145.5%
5Y--589.4%+589.4%
10Y--990.8%+990.8%
1.2.2. Operating Ratio

Measures how efficient Megado Minerals Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining 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 Megado Minerals Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.181-2.181
TTM-2.127-2.127
YOY-2.540-2.540
5Y-7.779-7.779
10Y-11.869-11.869

1.3. Liquidity of Megado Minerals Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Megado Minerals Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 25.60 means the company has $25.60 in assets for each $1 in short-term debts.

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

  • The MRQ is 25.602. The company is very able to pay all its short-term debts. +2
  • The TTM is 25.602. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ25.602TTM25.6020.000
TTM25.602YOY3.775+21.826
TTM25.6025Y10.430+15.172
5Y10.43010Y10.4300.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ25.6022.368+23.234
TTM25.6022.553+23.049
YOY3.7753.582+0.193
5Y10.4304.086+6.344
10Y10.4304.791+5.639
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Megado Minerals Limited to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 24.68 means the company can pay off $24.68 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 24.680. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 24.680. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ24.680TTM24.6800.000
TTM24.680YOY3.680+21.000
TTM24.6805Y10.160+14.519
5Y10.16010Y10.1600.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ24.6801.067+23.613
TTM24.6801.132+23.548
YOY3.6801.402+2.278
5Y10.1601.861+8.299
10Y10.1602.258+7.902

1.4. Solvency of Megado Minerals Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Megado Minerals Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Megado Minerals Limited to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.01 means that Megado Minerals Limited assets are financed with 0.5% credit (debt) and the remaining percentage (100% - 0.5%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.005. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.005. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.005TTM0.0050.000
TTM0.005YOY0.050-0.044
TTM0.0055Y0.185-0.180
5Y0.18510Y0.1850.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0050.186-0.181
TTM0.0050.191-0.186
YOY0.0500.141-0.091
5Y0.1850.218-0.033
10Y0.1850.252-0.067
1.4.2. Debt to Equity Ratio

Measures if Megado Minerals Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Megado Minerals Limited to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 0.5% 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 Megado Minerals Limited:

  • The MRQ is 0.005. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.005. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.005TTM0.0050.000
TTM0.005YOY0.052-0.047
TTM0.0055Y0.872-0.867
5Y0.87210Y0.8720.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0050.201-0.196
TTM0.0050.208-0.203
YOY0.0520.147-0.095
5Y0.8720.223+0.649
10Y0.8720.257+0.615

2. Market Valuation of Megado Minerals 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 Megado Minerals Limited generates.

  • Above 15 is considered overpriced but always compare Megado Minerals Limited to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -6.52 means the investor is paying $-6.52 for every $1 in earnings.

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

  • The EOD is -2.050. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.524. Based on the earnings, the company is expensive. -2
  • The TTM is -6.524. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.050MRQ-6.524+4.473
MRQ-6.524TTM-6.5240.000
TTM-6.524YOY-1.475-5.049
TTM-6.5245Y-14.290+7.766
5Y-14.29010Y-14.2900.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-2.050-3.921+1.871
MRQ-6.524-5.293-1.231
TTM-6.524-5.501-1.023
YOY-1.475-8.080+6.605
5Y-14.290-10.856-3.434
10Y-14.290-12.091-2.199
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.187. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.778. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.778. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.187MRQ-3.778+2.591
MRQ-3.778TTM-3.7780.000
TTM-3.778YOY-4.252+0.474
TTM-3.7785Y-9.408+5.630
5Y-9.40810Y-9.4080.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.187-4.276+3.089
MRQ-3.778-5.622+1.844
TTM-3.778-6.015+2.237
YOY-4.252-8.028+3.776
5Y-9.408-12.144+2.736
10Y-9.408-13.743+4.335
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.99 means the investor is paying $0.99 for each $1 in book value.

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

  • The EOD is 0.313. Based on the equity, the company is cheap. +2
  • The MRQ is 0.995. Based on the equity, the company is cheap. +2
  • The TTM is 0.995. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.313MRQ0.995-0.682
MRQ0.995TTM0.9950.000
TTM0.995YOY2.452-1.457
TTM0.9955Y2.489-1.494
5Y2.48910Y2.4890.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.3131.190-0.877
MRQ0.9951.482-0.487
TTM0.9951.574-0.579
YOY2.4522.215+0.237
5Y2.4892.412+0.077
10Y2.4892.857-0.368
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Megado Minerals 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--0.0170.0170%-0.010+158%0.007+139%0.007+139%
Book Value Per Share--0.0350.0350%0.018+92%0.023+52%0.023+52%
Current Ratio--25.60225.6020%3.775+578%10.430+145%10.430+145%
Debt To Asset Ratio--0.0050.0050%0.050-89%0.185-97%0.185-97%
Debt To Equity Ratio--0.0050.0050%0.052-90%0.872-99%0.872-99%
Dividend Per Share----0%-0%-0%-0%
Eps---0.005-0.0050%-0.031+469%-0.010+87%-0.010+87%
Free Cash Flow Per Share---0.009-0.0090%-0.011+14%-0.009-5%-0.009-5%
Free Cash Flow To Equity Per Share--0.0010.0010%-0.002+250%0.001+28%0.001+28%
Gross Profit Margin--1.0001.0000%1.0000%1.201-17%1.201-17%
Intrinsic Value_10Y_max---0.145--------
Intrinsic Value_10Y_min---0.124--------
Intrinsic Value_1Y_max---0.012--------
Intrinsic Value_1Y_min---0.012--------
Intrinsic Value_3Y_max---0.039--------
Intrinsic Value_3Y_min---0.036--------
Intrinsic Value_5Y_max---0.067--------
Intrinsic Value_5Y_min---0.061--------
Market Cap2799016.000-218%8905960.0008905960.0000%11450520.000-22%18727961.600-52%18727961.600-52%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio0.313-218%0.9950.9950%2.452-59%2.489-60%2.489-60%
Pe Ratio-2.050+69%-6.524-6.5240%-1.475-77%-14.290+119%-14.290+119%
Price Per Share0.011-218%0.0350.0350%0.045-22%0.074-52%0.074-52%
Price To Free Cash Flow Ratio-1.187+69%-3.778-3.7780%-4.252+13%-9.408+149%-9.408+149%
Price To Total Gains Ratio0.654-218%2.0802.0800%-4.587+321%-2.730+231%-2.730+231%
Quick Ratio--24.68024.6800%3.680+571%10.160+143%10.160+143%
Return On Assets---0.152-0.1520%-1.579+941%-0.903+495%-0.903+495%
Return On Equity---0.152-0.1520%-1.662+990%-3.048+1899%-3.048+1899%
Total Gains Per Share--0.0170.0170%-0.010+158%0.007+139%0.007+139%
Usd Book Value--5775936.8585775936.8580%3013594.998+92%3808718.574+52%3808718.574+52%
Usd Book Value Change Per Share--0.0110.0110%-0.006+158%0.005+139%0.005+139%
Usd Book Value Per Share--0.0230.0230%0.012+92%0.015+52%0.015+52%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.003-0.0030%-0.020+469%-0.006+87%-0.006+87%
Usd Free Cash Flow---1520975.124-1520975.1240%-1737621.025+14%-1443431.246-5%-1443431.246-5%
Usd Free Cash Flow Per Share---0.006-0.0060%-0.007+14%-0.006-5%-0.006-5%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%-0.001+250%0.001+28%0.001+28%
Usd Market Cap1805925.123-218%5746125.3925746125.3920%7387875.504-22%12083280.824-52%12083280.824-52%
Usd Price Per Share0.007-218%0.0230.0230%0.029-22%0.047-52%0.047-52%
Usd Profit---880803.168-880803.1680%-5007946.265+469%-1646497.494+87%-1646497.494+87%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share--0.0110.0110%-0.006+158%0.005+139%0.005+139%
 EOD+2 -6MRQTTM+0 -0YOY+25 -45Y+21 -910Y+21 -9

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.050
Price to Book Ratio (EOD)Between0-10.313
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than124.680
Current Ratio (MRQ)Greater than125.602
Debt to Asset Ratio (MRQ)Less than10.005
Debt to Equity Ratio (MRQ)Less than10.005
Return on Equity (MRQ)Greater than0.15-0.152
Return on Assets (MRQ)Greater than0.05-0.152
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.741
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.012
Ma 100Greater thanMa 2000.018
OpenGreater thanClose0.011
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets9,000
Total Liabilities47
Total Stockholder Equity8,952
 As reported
Total Liabilities 47
Total Stockholder Equity+ 8,952
Total Assets = 9,000

Assets

Total Assets9,000
Total Current Assets1,213
Long-term Assets7,787
Total Current Assets
Cash And Cash Equivalents 1,142
Net Receivables 27
Other Current Assets 44
Total Current Assets  (as reported)1,213
Total Current Assets  (calculated)1,213
+/-0
Long-term Assets
Long-term Assets Other 7,787
Long-term Assets  (as reported)7,787
Long-term Assets  (calculated)7,787
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities47
Long-term Liabilities0
Total Stockholder Equity8,952
Total Current Liabilities
Accounts payable 15
Other Current Liabilities 32
Total Current Liabilities  (as reported)47
Total Current Liabilities  (calculated)47
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock19,648
Retained Earnings -12,760
Accumulated Other Comprehensive Income 2,064
Other Stockholders Equity 0
Total Stockholder Equity (as reported)8,952
Total Stockholder Equity (calculated)8,952
+/-0
Other
Cash and Short Term Investments 1,142
Common Stock Shares Outstanding 217,979
Liabilities and Stockholders Equity 9,000
Net Debt -1,142
Net Working Capital 1,165



Balance Sheet

All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-31
> Total Assets 
555
8,978
7,332
4,915
9,000
9,0004,9157,3328,978555
   > Total Current Assets 
272
5,123
1,297
922
1,213
1,2139221,2975,123272
       Cash And Cash Equivalents 
242
5,021
1,238
853
1,142
1,1428531,2385,021242
       Net Receivables 
29
67
21
46
27
2746216729
       Other Current Assets 
1
34
38
46
44
444638341
   > Long-term Assets 
283
3,856
6,034
3,993
7,787
7,7873,9936,0343,856283
       Property Plant Equipment 
0
3,856
6,034
3,993
0
03,9936,0343,8560
       Long-term Assets Other 
283
0
0
0
7,787
7,787000283
> Total Liabilities 
449
359
165
244
47
47244165359449
   > Total Current Liabilities 
449
359
165
244
47
47244165359449
       Accounts payable 
265
348
141
70
15
1570141348265
       Other Current Liabilities 
183
11
24
174
32
321742411183
   > Long-term Liabilities 00000
> Total Stockholder Equity
106
8,070
6,728
4,671
8,952
8,9524,6716,7288,070106
   Common Stock
866
9,389
9,389
14,475
19,648
19,64814,4759,3899,389866
   Retained Earnings -12,760-11,394-3,633-2,608-1,390
   Accumulated Other Comprehensive Income 
630
1,288
971
1,590
2,064
2,0641,5909711,288630
   Capital Surplus 00000
   Treasury Stock00000



Balance Sheet

All numbers in thousands.




Cash Flow

All numbers in thousands.




Income Statement

All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-1,359
Operating Income-1,359-1,359
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense1,3590
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-1,359
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,365-1,352
EBIT - interestExpense = 0
-1,365
-1,365
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0-1,365
Earnings Before Interest and Taxes (EBITDA)-1,359
 
After tax Income (+$)
Income Before Tax-1,365
Tax Provision-0
Net Income From Continuing Ops0-1,365
Net Income-1,365
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,359
Total Other Income/Expenses Net-60
 

Technical Analysis of Megado Minerals Limited
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 Megado Minerals Limited. The general trend of Megado Minerals Limited is BEARISH with 71.4% 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 Megado Minerals Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
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 Megado Minerals Limited.

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: 0.013 < 0.014 < 0.016.

The bearish price targets are: 0.01 > 0.01 > 0.01.

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Megado Minerals 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 Megado Minerals Limited. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

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

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

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

Megado Minerals 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 Megado Minerals Limited. The current macd is -0.00030537.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Megado Minerals Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Megado Minerals Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Megado Minerals Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Megado Minerals Limited Daily Moving Average Convergence/Divergence (MACD) ChartMegado Minerals 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 Megado Minerals Limited. The current adx is 22.63.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Megado Minerals Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Megado Minerals 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 Megado Minerals Limited. The current sar is 0.0101188.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Megado Minerals Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Megado Minerals Limited. The current rsi is 47.74. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Megado Minerals Limited Daily Relative Strength Index (RSI) ChartMegado Minerals 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 Megado Minerals Limited. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Megado Minerals Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Megado Minerals Limited Daily Stochastic Oscillator ChartMegado Minerals 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 Megado Minerals Limited. The current cci is 12.35.

Megado Minerals Limited Daily Commodity Channel Index (CCI) ChartMegado Minerals 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 Megado Minerals Limited. The current cmo is -0.066155.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Megado Minerals Limited Daily Chande Momentum Oscillator (CMO) ChartMegado Minerals 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 Megado Minerals Limited. The current willr is -66.66666667.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Megado Minerals Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Megado Minerals Limited Daily Williams %R ChartMegado Minerals Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Megado Minerals Limited.

Megado Minerals 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 Megado Minerals Limited. The current atr is 0.00063076.

Megado Minerals Limited Daily Average True Range (ATR) ChartMegado Minerals Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Megado Minerals Limited. The current obv is 85,988,161.

Megado Minerals Limited Daily On-Balance Volume (OBV) ChartMegado Minerals 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 Megado Minerals Limited. The current mfi is 16.32.

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

  • MFI < 50: -1
  • MFI < 20: -1
Megado Minerals Limited Daily Money Flow Index (MFI) ChartMegado Minerals Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Megado Minerals 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
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 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).
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH 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).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-02-01BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH 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
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28DMI 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
2024-04-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17DMI 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 CLOSE20 crossover to upside
2024-04-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Megado Minerals Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.741
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.012
Ma 100Greater thanMa 2000.018
OpenGreater thanClose0.011
Total0/5 (0.0%)
Penke

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