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MORGAN VENTURES LTD.
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Quick analysis of MORGAN VENTURES LTD. (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.02
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR226.70
Expected worth in 1 year
INR258.13
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
INR116.15
Return On Investment
287.9%

For what price can you sell your share?

Current Price per Share
INR40.35
Expected price per share
INR34.80 - INR55.60
How sure are you?
50%

1. Valuation of MORGAN VENTURES LTD. (5 min.)




Live pricePrice per Share (EOD)

INR40.35

Intrinsic Value Per Share

INR-134.59 - INR5.37

Total Value Per Share

INR92.11 - INR232.08

2. Growth of MORGAN VENTURES LTD. (5 min.)




Is MORGAN VENTURES LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$15.2m$14.7m$527.9k3.5%

How much money is MORGAN VENTURES LTD. making?

Current yearPrevious yearGrowGrow %
Making money$1.9m$5.2m-$3.2m-169.2%
Net Profit Margin10.4%28.5%--

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

3. Financial Health of MORGAN VENTURES LTD. (5 min.)




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

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

What can you expect buying and holding a share of MORGAN VENTURES LTD.?

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

Speculation

The Price per Share of MORGAN VENTURES LTD. is INR40.35. 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 MORGAN VENTURES LTD..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR226.70. Based on the TTM, the Book Value Change Per Share is INR7.86 per quarter. Based on the YOY, the Book Value Change Per Share is INR35.92 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 INR21.18 per quarter.
Based on historical numbers we can estimate the returns while holding a share of MORGAN VENTURES LTD..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.350.9%0.350.9%0.932.3%0.250.6%0.180.4%
Usd Book Value Change Per Share0.090.2%0.090.2%0.431.1%0.150.4%0.391.0%
Usd Dividend Per Share0.250.6%0.250.6%0.511.3%0.190.5%0.150.4%
Usd Total Gains Per Share0.350.9%0.350.9%0.942.3%0.350.9%0.541.3%
Usd Price Per Share0.72-0.72-0.33-0.23-0.20-
Price to Earnings Ratio2.09-2.09-0.35--0.35-137.39-
Price-to-Total Gains Ratio2.07-2.07-0.35-0.84-0.61-
Price to Book Ratio0.27-0.27-0.12-0.09-0.08-
Price-to-Total Gains Ratio2.07-2.07-0.35-0.84-0.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.4842
Number of shares2065
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.250.19
Usd Book Value Change Per Share0.090.15
Usd Total Gains Per Share0.350.35
Gains per Quarter (2065 shares)719.54720.72
Gains per Year (2065 shares)2,878.162,882.88
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
120997792868160712752873
2419915575746321525515756
3629823368624482238268639
483983115115026430510211522
5104973893143808037637714405
6125974672172589644765317288
71469654512013611252892820171
816796622923014128591020423054
918895700825892144671147925937
1020995778728770160741275528820

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.03.00.057.1%4.03.00.057.1%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%

Fundamentals of MORGAN VENTURES LTD.

About MORGAN VENTURES LTD.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of MORGAN VENTURES LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit MORGAN VENTURES LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare MORGAN VENTURES LTD. to the  industry mean.
  • A Net Profit Margin of 10.4% means that ₹0.10 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of MORGAN VENTURES LTD.:

  • The MRQ is 10.4%. The company is making a huge profit. +2
  • The TTM is 10.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.4%TTM10.4%0.0%
TTM10.4%YOY28.5%-18.1%
TTM10.4%5Y12.2%-1.8%
5Y12.2%10Y12.6%-0.4%
1.1.2. Return on Assets

Shows how efficient MORGAN VENTURES LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare MORGAN VENTURES LTD. to the  industry mean.
  • 10.0% Return on Assets means that MORGAN VENTURES LTD. generated ₹0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of MORGAN VENTURES LTD.:

  • The MRQ is 10.0%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.0%TTM10.0%0.0%
TTM10.0%YOY28.0%-18.0%
TTM10.0%5Y11.8%-1.8%
5Y11.8%10Y12.2%-0.4%
1.1.3. Return on Equity

Shows how efficient MORGAN VENTURES LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare MORGAN VENTURES LTD. to the  industry mean.
  • 12.7% Return on Equity means MORGAN VENTURES LTD. generated ₹0.13 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of MORGAN VENTURES LTD.:

  • The MRQ is 12.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.7%TTM12.7%0.0%
TTM12.7%YOY35.4%-22.7%
TTM12.7%5Y15.0%-2.3%
5Y15.0%10Y15.8%-0.9%

1.2. Operating Efficiency of MORGAN VENTURES LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient MORGAN VENTURES LTD. is operating .

  • Measures how much profit MORGAN VENTURES LTD. makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare MORGAN VENTURES LTD. to the  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 MORGAN VENTURES LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.4%+0.4%
5Y-0.4%10Y-0.3%-0.1%
1.2.2. Operating Ratio

Measures how efficient MORGAN VENTURES LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.51 means that the operating costs are ₹0.51 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of MORGAN VENTURES LTD.:

  • The MRQ is 0.507. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.507. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.507TTM0.5070.000
TTM0.507YOY0.438+0.069
TTM0.5075Y0.503+0.003
5Y0.50310Y0.461+0.042

1.3. Liquidity of MORGAN VENTURES LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if MORGAN VENTURES LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 2.94 means the company has ₹2.94 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of MORGAN VENTURES LTD.:

  • The MRQ is 2.939. The company is able to pay all its short-term debts. +1
  • The TTM is 2.939. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.939TTM2.9390.000
TTM2.939YOY3.030-0.092
TTM2.9395Y321.193-318.255
5Y321.19310Y351.748-30.554
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare MORGAN VENTURES LTD. to the  industry mean.
  • A Quick Ratio of 1.95 means the company can pay off ₹1.95 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of MORGAN VENTURES LTD.:

  • The MRQ is 1.951. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.951. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.951TTM1.9510.000
TTM1.951YOY1.844+0.108
TTM1.9515Y570.014-568.063
5Y570.01410Y668.486-98.472

1.4. Solvency of MORGAN VENTURES LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of MORGAN VENTURES LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare MORGAN VENTURES LTD. to industry mean.
  • A Debt to Asset Ratio of 0.21 means that MORGAN VENTURES LTD. assets are financed with 21.2% credit (debt) and the remaining percentage (100% - 21.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of MORGAN VENTURES LTD.:

  • The MRQ is 0.212. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.212. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.212TTM0.2120.000
TTM0.212YOY0.209+0.003
TTM0.2125Y0.226-0.014
5Y0.22610Y0.237-0.011
1.4.2. Debt to Equity Ratio

Measures if MORGAN VENTURES LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare MORGAN VENTURES LTD. to the  industry mean.
  • A Debt to Equity ratio of 26.9% means that company has ₹0.27 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of MORGAN VENTURES LTD.:

  • The MRQ is 0.269. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.269. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.269TTM0.2690.000
TTM0.269YOY0.264+0.005
TTM0.2695Y0.293-0.024
5Y0.29310Y0.315-0.021

2. Market Valuation of MORGAN VENTURES LTD.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings MORGAN VENTURES LTD. generates.

  • Above 15 is considered overpriced but always compare MORGAN VENTURES LTD. to the  industry mean.
  • A PE ratio of 2.09 means the investor is paying ₹2.09 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of MORGAN VENTURES LTD.:

  • The EOD is 1.402. Based on the earnings, the company is cheap. +2
  • The MRQ is 2.093. Based on the earnings, the company is cheap. +2
  • The TTM is 2.093. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.402MRQ2.093-0.691
MRQ2.093TTM2.0930.000
TTM2.093YOY0.350+1.743
TTM2.0935Y-0.350+2.443
5Y-0.35010Y137.387-137.737
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of MORGAN VENTURES LTD.:

  • The EOD is -11.590. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -17.306. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -17.306. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-11.590MRQ-17.306+5.716
MRQ-17.306TTM-17.3060.000
TTM-17.306YOY-7.990-9.316
TTM-17.3065Y-5.387-11.919
5Y-5.38710Y-3.982-1.405
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of MORGAN VENTURES LTD. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.27 means the investor is paying ₹0.27 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of MORGAN VENTURES LTD.:

  • The EOD is 0.178. Based on the equity, the company is cheap. +2
  • The MRQ is 0.266. Based on the equity, the company is cheap. +2
  • The TTM is 0.266. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.178MRQ0.266-0.088
MRQ0.266TTM0.2660.000
TTM0.266YOY0.124+0.142
TTM0.2665Y0.086+0.180
5Y0.08610Y0.080+0.006
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of MORGAN VENTURES LTD. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--7.8567.8560%35.923-78%12.868-39%32.386-76%
Book Value Per Share--226.704226.7040%218.848+4%167.524+35%163.188+39%
Current Ratio--2.9392.9390%3.030-3%321.193-99%351.748-99%
Debt To Asset Ratio--0.2120.2120%0.209+1%0.226-6%0.237-11%
Debt To Equity Ratio--0.2690.2690%0.264+2%0.293-8%0.315-14%
Dividend Per Share--21.18121.1810%42.302-50%16.217+31%12.421+71%
Eps--28.78528.7850%77.488-63%20.439+41%14.609+97%
Free Cash Flow Per Share---3.481-3.4810%-3.398-2%0.170-2144%-6.203+78%
Free Cash Flow To Equity Per Share---24.663-24.6630%-45.700+85%1.287-2016%14.040-276%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--5.374--------
Intrinsic Value_10Y_min---134.593--------
Intrinsic Value_1Y_max--0.250--------
Intrinsic Value_1Y_min---6.243--------
Intrinsic Value_3Y_max--0.972--------
Intrinsic Value_3Y_min---25.143--------
Intrinsic Value_5Y_max--1.958--------
Intrinsic Value_5Y_min---50.897--------
Market Cap--337400000.000337400000.0000%152040000.000+122%105728000.000+219%91672000.000+268%
Net Profit Margin--0.1040.1040%0.285-63%0.122-15%0.126-17%
Operating Margin----0%-0%-0.0040%-0.0030%
Operating Ratio--0.5070.5070%0.438+16%0.503+1%0.461+10%
Pb Ratio0.178-49%0.2660.2660%0.124+114%0.086+210%0.080+232%
Pe Ratio1.402-49%2.0932.0930%0.350+497%-0.350+117%137.387-98%
Price Per Share40.350-49%60.25060.2500%27.150+122%18.880+219%16.370+268%
Price To Free Cash Flow Ratio-11.590+33%-17.306-17.3060%-7.990-54%-5.387-69%-3.982-77%
Price To Total Gains Ratio1.390-49%2.0752.0750%0.347+498%0.836+148%0.613+239%
Quick Ratio--1.9511.9510%1.844+6%570.014-100%668.486-100%
Return On Assets--0.1000.1000%0.280-64%0.118-15%0.122-18%
Return On Equity--0.1270.1270%0.354-64%0.150-15%0.158-20%
Total Gains Per Share--29.03729.0370%78.225-63%29.0850%44.807-35%
Usd Book Value--15234480.00015234480.0000%14706564.000+4%13415287.200+14%12507452.571+22%
Usd Book Value Change Per Share--0.0940.0940%0.431-78%0.154-39%0.389-76%
Usd Book Value Per Share--2.7202.7200%2.626+4%2.010+35%1.958+39%
Usd Dividend Per Share--0.2540.2540%0.508-50%0.195+31%0.149+71%
Usd Eps--0.3450.3450%0.930-63%0.245+41%0.175+97%
Usd Free Cash Flow---233952.000-233952.0000%-228350.520-2%135255.792-273%-328405.593+40%
Usd Free Cash Flow Per Share---0.042-0.0420%-0.041-2%0.002-2144%-0.074+78%
Usd Free Cash Flow To Equity Per Share---0.296-0.2960%-0.548+85%0.015-2016%0.168-276%
Usd Market Cap--4048800.0004048800.0000%1824480.000+122%1268736.000+219%1100064.000+268%
Usd Price Per Share0.484-49%0.7230.7230%0.326+122%0.227+219%0.196+268%
Usd Profit--1934340.0001934340.0000%5207208.000-63%2089516.800-7%2015017.714-4%
Usd Revenue--18550692.00018550692.0000%18282300.000+1%15899688.000+17%15235248.000+22%
Usd Total Gains Per Share--0.3480.3480%0.939-63%0.3490%0.538-35%
 EOD+3 -3MRQTTM+0 -0YOY+12 -225Y+15 -1910Y+19 -15

3.2. Fundamental Score

Let's check the fundamental score of MORGAN VENTURES LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-151.402
Price to Book Ratio (EOD)Between0-10.178
Net Profit Margin (MRQ)Greater than00.104
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.951
Current Ratio (MRQ)Greater than12.939
Debt to Asset Ratio (MRQ)Less than10.212
Debt to Equity Ratio (MRQ)Less than10.269
Return on Equity (MRQ)Greater than0.150.127
Return on Assets (MRQ)Greater than0.050.100
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of MORGAN VENTURES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.231
Ma 20Greater thanMa 5039.868
Ma 50Greater thanMa 10041.866
Ma 100Greater thanMa 20041.434
OpenGreater thanClose39.980
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets1,610,994
Total Liabilities341,454
Total Stockholder Equity1,269,540
 As reported
Total Liabilities 341,454
Total Stockholder Equity+ 1,269,540
Total Assets = 1,610,994

Assets

Total Assets1,610,994
Total Current Assets1,003,371
Long-term Assets1,968,678
Total Current Assets
Cash And Cash Equivalents 234,204
Short-term Investments 50
Net Receivables 270,676
Inventory 234,040
Other Current Assets 61,185
Total Current Assets  (as reported)1,003,371
Total Current Assets  (calculated)800,155
+/- 203,216
Long-term Assets
Property Plant Equipment 2,773
Goodwill 13,781
Intangible Assets 2,226
Other Assets 8,832
Long-term Assets  (as reported)1,968,678
Long-term Assets  (calculated)27,612
+/- 1,941,066

Liabilities & Shareholders' Equity

Total Current Liabilities341,454
Long-term Liabilities1,608,504
Total Stockholder Equity1,269,540
Total Current Liabilities
Short Long Term Debt 1,563,025
Total Current Liabilities  (as reported)341,454
Total Current Liabilities  (calculated)1,563,025
+/- 1,221,571
Long-term Liabilities
Long term Debt 1,563,025
Long-term Liabilities Other 852
Long-term Liabilities  (as reported)1,608,504
Long-term Liabilities  (calculated)1,563,877
+/- 44,627
Total Stockholder Equity
Common Stock28,000
Retained Earnings 1,206,540
Capital Surplus 35,000
Total Stockholder Equity (as reported)1,269,540
Total Stockholder Equity (calculated)1,269,540
+/-0
Other
Capital Stock99,494
Cash And Equivalents161,272
Cash and Short Term Investments 395,526
Common Stock Shares Outstanding 5,600
Liabilities and Stockholders Equity 1,610,994
Net Debt 1,562,307
Net Invested Capital 2,100,487
Net Working Capital 177,289
Property Plant and Equipment Gross 2,773



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
1,179,271
1,141,678
1,271,535
1,394,465
1,391,763
1,549,165
1,610,994
1,610,9941,549,1651,391,7631,394,4651,271,5351,141,6781,179,271
   > Total Current Assets 
243,164
181,798
367,521
749,385
834,018
980,627
1,003,371
1,003,371980,627834,018749,385367,521181,798243,164
       Cash And Cash Equivalents 
318,714
360,021
5,584
70,649
320,299
273,013
234,204
234,204273,013320,29970,6495,584360,021318,714
       Short-term Investments 
3,449
730
237,105
1,086
11,498
0
50
50011,4981,086237,1057303,449
       Net Receivables 
0
0
11,248
11,298
222,913
312,632
270,676
270,676312,632222,91311,29811,24800
       Other Current Assets 
388
425
169,679
39,729
42,962
78,423
61,185
61,18578,42342,96239,729169,679425388
   > Long-term Assets 
0
0
208,470
520,224
533,074
1,391,842
1,968,678
1,968,6781,391,842533,074520,224208,47000
       Property Plant Equipment 
3,263
3,201
3,139
3,077
3,016
2,776
2,773
2,7732,7763,0163,0773,1393,2013,263
       Goodwill 
13,781
13,781
13,781
13,781
13,781
13,781
13,781
13,78113,78113,78113,78113,78113,78113,781
       Intangible Assets 
1,029
201
2,106
2,070
1,917
1,584
2,226
2,2261,5841,9172,0702,1062011,029
       Long-term Assets Other 
0
0
0
0
36,634
5,225
347
3475,22536,6340000
> Total Liabilities 
382,194
232,444
279,537
316,224
367,386
323,618
341,454
341,454323,618367,386316,224279,537232,444382,194
   > Total Current Liabilities 
962
301
230
382,504
367,386
323,618
341,454
341,454323,618367,386382,504230301962
       Short Long Term Debt 
0
0
0
381,127
364,030
1,075,367
1,563,025
1,563,0251,075,367364,030381,127000
       Accounts payable 
0
0
214
364
0
0
0
00036421400
       Other Current Liabilities 
638
36
0
0
0
0
0
0000036638
   > Long-term Liabilities 
0
0
1,721
0
10,535
34,968
1,608,504
1,608,50434,96810,53501,72100
       Long-term Liabilities Other 
0
0
0
0
335
1,053
852
8521,0533350000
> Total Stockholder Equity
797,077
909,234
991,998
1,078,241
1,024,377
1,225,547
1,269,540
1,269,5401,225,5471,024,3771,078,241991,998909,234797,077
   Common Stock
98,987
98,987
98,987
98,987
28,000
28,000
28,000
28,00028,00028,00098,98798,98798,98798,987
   Retained Earnings 
292,033
292,117
275,201
274,198
961,377
1,162,547
1,206,540
1,206,5401,162,547961,377274,198275,201292,117292,033
   Capital Surplus 
0
0
35,000
35,000
35,000
35,000
35,000
35,00035,00035,00035,00035,00000
   Treasury Stock0000000
   Other Stockholders Equity 
507
507
507
507
0
0
0
000507507507507



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue121,707
Cost of Revenue-25,255
Gross Profit96,45296,452
 
Operating Income (+$)
Gross Profit96,452
Operating Expense-129,980
Operating Income-8,273-33,528
 
Operating Expense (+$)
Research Development-
Selling General Administrative16,265
Selling And Marketing Expenses-
Operating Expense129,98016,265
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-21,063
Net Interest Income-21,063
 
Pretax Income (+$)
Operating Income-8,273
Net Interest Income-21,063
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-25,706-8,273
EBIT - interestExpense = 0
-20,608
-20,608
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--25,706
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-25,706
Tax Provision--5,098
Net Income From Continuing Ops-20,608-20,608
Net Income-20,608
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-21,063
 

Technical Analysis of MORGAN VENTURES LTD.
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of MORGAN VENTURES LTD.. The general trend of MORGAN VENTURES LTD. is BULLISH with 14.3% 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 MORGAN VENTURES LTD.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
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 MORGAN VENTURES LTD..

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

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

The bullish price targets are: 49.65 < 52.00 < 55.60.

The bearish price targets are: 36.55 > 36.30 > 34.80.

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MORGAN VENTURES LTD. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of MORGAN VENTURES LTD.. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

MORGAN VENTURES LTD. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of MORGAN VENTURES LTD.. The current macd is -0.58319206.

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 MORGAN VENTURES LTD. price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for MORGAN VENTURES LTD.. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the MORGAN VENTURES LTD. price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
MORGAN VENTURES LTD. Daily Moving Average Convergence/Divergence (MACD) ChartMORGAN VENTURES LTD. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of MORGAN VENTURES LTD.. The current adx is 18.66.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 MORGAN VENTURES LTD. shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
MORGAN VENTURES LTD. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of MORGAN VENTURES LTD.. The current sar is 34.98.

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
MORGAN VENTURES LTD. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of MORGAN VENTURES LTD.. The current rsi is 49.23. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
MORGAN VENTURES LTD. Daily Relative Strength Index (RSI) ChartMORGAN VENTURES LTD. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of MORGAN VENTURES LTD.. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +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 MORGAN VENTURES LTD. price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
MORGAN VENTURES LTD. Daily Stochastic Oscillator ChartMORGAN VENTURES LTD. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of MORGAN VENTURES LTD.. The current cci is 10.31.

MORGAN VENTURES LTD. Daily Commodity Channel Index (CCI) ChartMORGAN VENTURES LTD. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of MORGAN VENTURES LTD.. The current cmo is 8.23915481.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
MORGAN VENTURES LTD. Daily Chande Momentum Oscillator (CMO) ChartMORGAN VENTURES LTD. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of MORGAN VENTURES LTD.. The current willr is -39.01098901.

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 MORGAN VENTURES LTD. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
MORGAN VENTURES LTD. Daily Williams %R ChartMORGAN VENTURES LTD. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of MORGAN VENTURES LTD..

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

Score

Let's take a look at the Average True Range (ATR) of MORGAN VENTURES LTD.. The current atr is 3.67577921.

MORGAN VENTURES LTD. Daily Average True Range (ATR) ChartMORGAN VENTURES LTD. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of MORGAN VENTURES LTD.. The current obv is 316,782.

MORGAN VENTURES LTD. Daily On-Balance Volume (OBV) ChartMORGAN VENTURES LTD. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of MORGAN VENTURES LTD.. The current mfi is 34.90.

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

  • MFI < 50: -1
MORGAN VENTURES LTD. Daily Money Flow Index (MFI) ChartMORGAN VENTURES LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MORGAN VENTURES LTD..

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-09DMI 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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13DMI 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.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16DMI 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05DMI 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.
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15DMI 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
2023-12-18DMI 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
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-22DMI 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
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-28MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-01DMI 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.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-29DMI 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
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-15STOCH 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
2024-02-19DMI 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.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-15DMI 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
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

MORGAN VENTURES LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of MORGAN VENTURES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.231
Ma 20Greater thanMa 5039.868
Ma 50Greater thanMa 10041.866
Ma 100Greater thanMa 20041.434
OpenGreater thanClose39.980
Total2/5 (40.0%)
Penke

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