25 XP   0   0   10

Megaport Ltd
Buy, Hold or Sell?

Let's analyse Megaport together

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

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

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

Get notifications about Megaport Ltd

I send you an email if I find something interesting about Megaport Ltd.

Quick analysis of Megaport (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.04
When do you have the money?
1 year
How often do you get paid?
37.5%

What is your share worth?

Current worth
A$0.80
Expected worth in 1 year
A$0.44
How sure are you?
62.5%

+ What do you gain per year?

Total Gains per Share
A$-0.30
Return On Investment
-2.1%

For what price can you sell your share?

Current Price per Share
A$14.63
Expected price per share
A$12.40 - A$15.65
How sure are you?
50%

1. Valuation of Megaport (5 min.)




Live pricePrice per Share (EOD)

A$14.63

Intrinsic Value Per Share

A$-1.05 - A$0.83

Total Value Per Share

A$-0.25 - A$1.63

2. Growth of Megaport (5 min.)




Is Megaport growing?

Current yearPrevious yearGrowGrow %
How rich?$82.7m$91.9m-$9.2m-11.2%

How much money is Megaport making?

Current yearPrevious yearGrowGrow %
Making money-$6.3m-$31.3m$25m396.2%
Net Profit Margin-6.4%-44.2%--

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

3. Financial Health of Megaport (5 min.)




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

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

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

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

Speculation

The Price per Share of Megaport is A$14.63. 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 Megaport.
  • 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 Megaport, 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$0.80. Based on the TTM, the Book Value Change Per Share is A$-0.09 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.24 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$0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Megaport.

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 Eps-0.04-0.3%-0.04-0.3%-0.20-1.3%-0.16-1.1%-0.14-0.9%
Usd Book Value Change Per Share-0.06-0.4%-0.06-0.4%-0.15-1.1%0.040.3%0.060.4%
Usd Dividend Per Share0.010.1%0.010.1%0.000.0%0.010.1%0.010.0%
Usd Total Gains Per Share-0.05-0.3%-0.05-0.3%-0.15-1.1%0.050.3%0.070.5%
Usd Price Per Share4.67-4.67-3.52-6.43-4.68-
Price to Earnings Ratio-117.76--117.76--17.92--52.11--39.08-
Price-to-Total Gains Ratio-95.32--95.32--22.78--32.49--13.04-
Price to Book Ratio9.00-9.00-6.11-9.99-10.93-
Price-to-Total Gains Ratio-95.32--95.32--22.78--32.49--13.04-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.461221
Number of shares105
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share-0.060.04
Usd Total Gains Per Share-0.050.05
Gains per Quarter (105 shares)-5.145.05
Gains per Year (105 shares)-20.5720.18
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
14-24-3141610
28-49-5283330
311-73-73124950
415-98-94166570
519-122-115208190
623-146-1362498110
727-171-15727114130
831-195-17831130150
934-220-19935146170
1038-244-22039163190

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%0.08.00.00.0%0.08.00.00.0%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%5.03.00.062.5%5.03.00.062.5%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%3.00.02.060.0%3.00.05.037.5%3.00.05.037.5%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%5.03.00.062.5%5.03.00.062.5%

Fundamentals of Megaport

About Megaport Ltd

Megaport Limited provides elastic interconnection services to the enterprises and service providers in Australia, New Zealand, Hong Kong, Singapore, Japan, North America, and Europe. It operates a platform that enables customers to connect their network to other services, as well as creates agile network that connects in multiple regions. The company also offers Megaport Virtual Edge, an on-demand and vendor-neutral Network Function Virtualization service that provides virtual infrastructure for network services at the edge of Megaport's global software-defined network; internet exchange services; and Megaport Marketplace, an online hub the interconnects service providers and enterprise customers. In addition, it provides cloud connectivity solutions and virtual routing for cloud networking. The company was founded in 2013 and is headquartered in Fortitude Valley, Australia.

Fundamental data was last updated by Penke on 2024-04-01 16:18:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Megaport Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Megaport to the Software - Infrastructure industry mean.
  • A Net Profit Margin of -6.4% means that $-0.06 for each $1 in revenue is generated as profit.

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

  • The MRQ is -6.4%. The company is making a loss. -1
  • The TTM is -6.4%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-6.4%TTM-6.4%0.0%
TTM-6.4%YOY-44.2%+37.8%
TTM-6.4%5Y-60.1%+53.7%
5Y-60.1%10Y-187.7%+127.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Megaport to the Software - Infrastructure industry mean.
  • -4.8% Return on Assets means that Megaport generated $-0.05 profit for each $1 in assets.

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

  • The MRQ is -4.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -4.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.8%TTM-4.8%0.0%
TTM-4.8%YOY-22.0%+17.2%
TTM-4.8%5Y-19.6%+14.8%
5Y-19.6%10Y-37.2%+17.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Megaport to the Software - Infrastructure industry mean.
  • -7.6% Return on Equity means Megaport generated $-0.08 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -7.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -7.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.6%TTM-7.6%0.0%
TTM-7.6%YOY-34.1%+26.5%
TTM-7.6%5Y-25.1%+17.5%
5Y-25.1%10Y-47.4%+22.3%

1.2. Operating Efficiency of Megaport Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Megaport is operating .

  • Measures how much profit Megaport 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 Megaport to the Software - Infrastructure industry mean.
  • An Operating Margin of -12.8% means the company generated $-0.13  for each $1 in revenue (before taxes).

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

  • The MRQ is -12.8%. The company is operating very inefficient. -2
  • The TTM is -12.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-12.8%TTM-12.8%0.0%
TTM-12.8%YOY-42.3%+29.6%
TTM-12.8%5Y-57.6%+44.9%
5Y-57.6%10Y-186.3%+128.6%
1.2.2. Operating Ratio

Measures how efficient Megaport is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 1.13 means that the operating costs are $1.13 for each $1 in net sales.

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

  • The MRQ is 1.128. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.128. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.128TTM1.1280.000
TTM1.128YOY1.423-0.296
TTM1.1285Y1.607-0.480
5Y1.60710Y2.866-1.259

1.3. Liquidity of Megaport Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 1.52 means the company has $1.52 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.523. The company is able to pay all its short-term debts. +1
  • The TTM is 1.523. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.523TTM1.5230.000
TTM1.523YOY1.936-0.413
TTM1.5235Y4.286-2.763
5Y4.28610Y4.051+0.236
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Megaport to the Software - Infrastructure industry mean.
  • A Quick Ratio of 1.46 means the company can pay off $1.46 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 1.456. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.456. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.456TTM1.4560.000
TTM1.456YOY1.858-0.402
TTM1.4565Y4.174-2.718
5Y4.17410Y3.964+0.210

1.4. Solvency of Megaport Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Megaport to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.37 means that Megaport assets are financed with 36.7% credit (debt) and the remaining percentage (100% - 36.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.367. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.367. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.367TTM0.3670.000
TTM0.367YOY0.355+0.013
TTM0.3675Y0.236+0.132
5Y0.23610Y0.221+0.015
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Megaport to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 58.1% means that company has $0.58 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.581. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.581. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.581TTM0.5810.000
TTM0.581YOY0.549+0.031
TTM0.5815Y0.334+0.246
5Y0.33410Y0.302+0.032

2. Market Valuation of Megaport 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 Megaport generates.

  • Above 15 is considered overpriced but always compare Megaport to the Software - Infrastructure industry mean.
  • A PE ratio of -117.76 means the investor is paying $-117.76 for every $1 in earnings.

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

  • The EOD is -238.629. Based on the earnings, the company is expensive. -2
  • The MRQ is -117.765. Based on the earnings, the company is expensive. -2
  • The TTM is -117.765. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-238.629MRQ-117.765-120.864
MRQ-117.765TTM-117.7650.000
TTM-117.765YOY-17.916-99.849
TTM-117.7655Y-52.107-65.658
5Y-52.10710Y-39.076-13.031
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -103.183. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -50.922. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -50.922. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-103.183MRQ-50.922-52.262
MRQ-50.922TTM-50.9220.000
TTM-50.922YOY-17.479-33.443
TTM-50.9225Y-44.820-6.102
5Y-44.82010Y-33.220-11.600
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 9.00 means the investor is paying $9.00 for each $1 in book value.

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

  • The EOD is 18.232. Based on the equity, the company is expensive. -2
  • The MRQ is 8.998. Based on the equity, the company is overpriced. -1
  • The TTM is 8.998. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD18.232MRQ8.998+9.234
MRQ8.998TTM8.9980.000
TTM8.998YOY6.108+2.890
TTM8.9985Y9.987-0.989
5Y9.98710Y10.932-0.945
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Funds holding Megaport Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2020-12-31Smallcap World Fund7.06-11040000--
2020-12-31Price (T.Rowe) Small-Cap Value Fund2.3-3600196--
2020-10-31Vanguard International Stock Index-Total Intl Stock Indx1.26-1963009--
2020-12-31TIAA-CREF Funds-Real Estate Securities Fund1.2200001-1900000--
2021-02-28iShares Exponential Technologies ETF0.99-1547227--
2021-02-28Aberdeen Standard SICAV I-Asian Smaller Companies Fd0.89-1398000--
2020-12-31Price (T.Rowe) U.S. Small-Cap Value Equity Trust0.81-1259793--
2020-12-31Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.53-829843--
2021-02-28Nuveen Investment Trust II - International Growth Fund0.5-782893--
2020-12-31American Funds Insurance Ser-Global Small Capitalization Fund0.42-650000--
Total 15.980000102497096100.0%

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.090-0.0900%-0.239+166%0.060-250%0.100-190%
Book Value Per Share--0.8020.8020%0.892-10%0.969-17%0.705+14%
Current Ratio--1.5231.5230%1.936-21%4.286-64%4.051-62%
Debt To Asset Ratio--0.3670.3670%0.355+4%0.236+56%0.221+66%
Debt To Equity Ratio--0.5810.5810%0.549+6%0.334+74%0.302+92%
Dividend Per Share--0.0140.0140%0.000+9665%0.014-2%0.009+56%
Eps---0.061-0.0610%-0.304+396%-0.244+298%-0.212+246%
Free Cash Flow Per Share---0.142-0.1420%-0.312+120%-0.251+77%-0.229+62%
Free Cash Flow To Equity Per Share---0.219-0.2190%-0.275+25%0.007-3282%0.049-547%
Gross Profit Margin--1.4461.4460%1.052+37%1.122+29%1.095+32%
Intrinsic Value_10Y_max--0.827--------
Intrinsic Value_10Y_min---1.055--------
Intrinsic Value_1Y_max---0.152--------
Intrinsic Value_1Y_min---0.217--------
Intrinsic Value_3Y_max---0.277--------
Intrinsic Value_3Y_min---0.559--------
Intrinsic Value_5Y_max---0.187--------
Intrinsic Value_5Y_min---0.797--------
Market Cap2332358607.040+51%1151034117.7601151034117.7600%868855393.600+32%1584983545.536-27%1152628347.8400%
Net Profit Margin---0.064-0.0640%-0.442+592%-0.601+841%-1.877+2840%
Operating Margin---0.128-0.1280%-0.423+232%-0.576+352%-1.863+1360%
Operating Ratio--1.1281.1280%1.423-21%1.607-30%2.866-61%
Pb Ratio18.232+51%8.9988.9980%6.108+47%9.987-10%10.932-18%
Pe Ratio-238.629-103%-117.765-117.7650%-17.916-85%-52.107-56%-39.076-67%
Price Per Share14.630+51%7.2207.2200%5.450+32%9.942-27%7.2300%
Price To Free Cash Flow Ratio-103.183-103%-50.922-50.9220%-17.479-66%-44.820-12%-33.220-35%
Price To Total Gains Ratio-193.156-103%-95.324-95.3240%-22.780-76%-32.486-66%-13.043-86%
Quick Ratio--1.4561.4560%1.858-22%4.174-65%3.964-63%
Return On Assets---0.048-0.0480%-0.220+355%-0.196+305%-0.372+669%
Return On Equity---0.076-0.0760%-0.341+346%-0.251+229%-0.474+521%
Total Gains Per Share---0.076-0.0760%-0.239+216%0.074-202%0.109-169%
Usd Book Value--82730390.90082730390.9000%91991781.600-10%99869363.640-17%72732953.826+14%
Usd Book Value Change Per Share---0.058-0.0580%-0.155+166%0.039-250%0.065-190%
Usd Book Value Per Share--0.5190.5190%0.577-10%0.626-17%0.456+14%
Usd Dividend Per Share--0.0090.0090%0.000+9665%0.009-2%0.006+56%
Usd Eps---0.040-0.0400%-0.197+396%-0.158+298%-0.137+246%
Usd Free Cash Flow---14618006.800-14618006.8000%-32146163.600+120%-25913786.360+77%-23647884.478+62%
Usd Free Cash Flow Per Share---0.092-0.0920%-0.202+120%-0.163+77%-0.148+62%
Usd Free Cash Flow To Equity Per Share---0.142-0.1420%-0.178+25%0.004-3282%0.032-547%
Usd Market Cap1508336311.173+51%744373763.955744373763.9550%561888783.041+32%1025008858.898-27%745404752.5480%
Usd Price Per Share9.461+51%4.6694.6690%3.525+32%6.429-27%4.6760%
Usd Profit---6320845.800-6320845.8000%-31361716.500+396%-25291660.960+300%-21930184.365+247%
Usd Revenue--98998776.10098998776.1000%70963037.700+40%56159428.000+76%37775460.189+162%
Usd Total Gains Per Share---0.049-0.0490%-0.155+216%0.048-202%0.071-169%
 EOD+5 -3MRQTTM+0 -0YOY+26 -105Y+17 -1910Y+22 -14

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-238.629
Price to Book Ratio (EOD)Between0-118.232
Net Profit Margin (MRQ)Greater than0-0.064
Operating Margin (MRQ)Greater than0-0.128
Quick Ratio (MRQ)Greater than11.456
Current Ratio (MRQ)Greater than11.523
Debt to Asset Ratio (MRQ)Less than10.367
Debt to Equity Ratio (MRQ)Less than10.581
Return on Equity (MRQ)Greater than0.15-0.076
Return on Assets (MRQ)Greater than0.05-0.048
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.739
Ma 20Greater thanMa 5014.569
Ma 50Greater thanMa 10014.101
Ma 100Greater thanMa 20011.881
OpenGreater thanClose14.470
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
EBITDA  -24,278-3,696-27,9744,459-23,5157,015-16,50033,27516,775



Latest Balance Sheet

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

Summary
Total Assets202,226
Total Liabilities74,299
Total Stockholder Equity127,927
 As reported
Total Liabilities 74,299
Total Stockholder Equity+ 127,927
Total Assets = 202,226

Assets

Total Assets202,226
Total Current Assets78,454
Long-term Assets123,772
Total Current Assets
Cash And Cash Equivalents 48,455
Short-term Investments 289
Net Receivables 26,232
Other Current Assets 3,767
Total Current Assets  (as reported)78,454
Total Current Assets  (calculated)78,743
+/- 289
Long-term Assets
Property Plant Equipment 53,903
Goodwill 21,943
Intangible Assets 54,170
Long-term Assets Other 3,812
Long-term Assets  (as reported)123,772
Long-term Assets  (calculated)133,828
+/- 10,056

Liabilities & Shareholders' Equity

Total Current Liabilities51,497
Long-term Liabilities22,802
Total Stockholder Equity127,927
Total Current Liabilities
Short-term Debt 11,212
Short Long Term Debt 6,468
Accounts payable 2,703
Other Current Liabilities 37,510
Total Current Liabilities  (as reported)51,497
Total Current Liabilities  (calculated)57,893
+/- 6,396
Long-term Liabilities
Capital Lease Obligations 9,668
Other Liabilities 11,619
Long-term Liabilities  (as reported)22,802
Long-term Liabilities  (calculated)21,287
+/- 1,515
Total Stockholder Equity
Common Stock412,844
Retained Earnings -268,722
Accumulated Other Comprehensive Income -16,195
Total Stockholder Equity (as reported)127,927
Total Stockholder Equity (calculated)127,927
+/-0
Other
Capital Stock412,844
Cash and Short Term Investments 48,455
Common Stock Shares Outstanding 158,235
Current Deferred Revenue72
Liabilities and Stockholders Equity 202,226
Net Debt -28,496
Net Invested Capital 138,218
Net Tangible Assets 73,757
Net Working Capital 26,957
Property Plant and Equipment Gross 135,780
Short Long Term Debt Total 19,959



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-30
> Total Assets 
36,239
21,417
40,844
92,157
126,945
247,095
220,563
220,384
202,226
202,226220,384220,563247,095126,94592,15740,84421,41736,239
   > Total Current Assets 
34,808
13,450
23,959
61,355
85,134
180,335
150,349
102,905
78,454
78,454102,905150,349180,33585,13461,35523,95913,45034,808
       Cash And Cash Equivalents 
33,465
11,870
21,027
55,761
74,879
166,877
136,312
82,545
48,455
48,45582,545136,312166,87774,87955,76121,02711,87033,465
       Short-term Investments 
0
216
501
823
308
333
426
423
289
2894234263333088235012160
       Net Receivables 
212
942
1,570
3,397
6,360
11,583
10,300
15,761
26,232
26,23215,76110,30011,5836,3603,3971,570942212
       Other Current Assets 
1,131
422
861
1,375
1,858
1,875
3,737
4,599
3,767
3,7674,5993,7371,8751,8581,3758614221,131
   > Long-term Assets 
1,431
7,967
16,885
30,801
41,811
66,760
70,214
117,479
123,772
123,772117,47970,21466,76041,81130,80116,8857,9671,431
       Property Plant Equipment 
1,431
6,421
8,523
19,687
26,810
49,822
42,726
60,612
53,903
53,90360,61242,72649,82226,81019,6878,5236,4211,431
       Goodwill 
0
210
1,454
1,531
1,554
1,546
1,566
19,883
21,943
21,94319,8831,5661,5461,5541,5311,4542100
       Long Term Investments 
0
63
0
0
0
0
0
0
0
0000000630
       Intangible Assets 
0
1,437
6,863
7,739
9,325
11,802
16,058
46,138
54,170
54,17046,13816,05811,8029,3257,7396,8631,4370
       Other Assets 
0
45
45
1,844
4,122
0
11,430
0
15,699
15,699011,43004,1221,84445450
> Total Liabilities 
1,174
4,247
10,621
11,953
16,355
36,126
40,151
78,136
74,299
74,29978,13640,15136,12616,35511,95310,6214,2471,174
   > Total Current Liabilities 
1,174
4,247
9,344
11,703
14,236
24,033
33,495
53,145
51,497
51,49753,14533,49524,03314,23611,7039,3444,2471,174
       Short-term Debt 
0
216
167
59
836
9,485
9,443
13,100
11,212
11,21213,1009,4439,485836591672160
       Short Long Term Debt 
0
0
223
59
836
3,618
4,709
6,591
6,468
6,4686,5914,7093,6188365922300
       Accounts payable 
0
1,727
2,879
3,060
3,690
2,912
4,055
10,255
2,703
2,70310,2554,0552,9123,6903,0602,8791,7270
       Other Current Liabilities 
77
2,520
6,298
8,584
176
11,430
19,914
29,648
37,510
37,51029,64819,91411,4301768,5846,2982,52077
   > Long-term Liabilities 
0
0
1,277
250
2,119
12,093
6,656
24,991
22,802
22,80224,9916,65612,0932,1192501,27700
       Long term Debt Total 
0
0
56
0
1,744
11,758
6,314
14,172
0
014,1726,31411,7581,74405600
       Other Liabilities 
0
49
1,221
250
375
335
342
10,819
11,619
11,61910,8193423353752501,221490
> Total Stockholder Equity
35,065
17,170
30,223
80,204
110,590
210,969
180,412
142,248
127,927
127,927142,248180,412210,969110,59080,20430,22317,17035,065
   Common Stock
50,067
50,110
80,136
166,840
229,521
371,524
395,935
407,405
412,844
412,844407,405395,935371,524229,521166,84080,13650,11050,067
   Retained Earnings -268,722-261,513-213,018-158,018-109,307-75,743-51,280-21,345-3,117
   Accumulated Other Comprehensive Income 
-11,885
-11,594
1,368
1,021
2,290
-2,537
-2,505
-3,644
-16,195
-16,195-3,644-2,505-2,5372,2901,0211,368-11,594-11,885
   Capital Surplus 000000000
   Treasury Stock000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue153,083
Cost of Revenue-146,981
Gross Profit6,1026,102
 
Operating Income (+$)
Gross Profit6,102
Operating Expense-25,628
Operating Income-19,526-19,526
 
Operating Expense (+$)
Research Development0
Selling General Administrative10,064
Selling And Marketing Expenses4,361
Operating Expense25,62814,425
 
Net Interest Income (+$)
Interest Income698
Interest Expense-2,419
Other Finance Cost-0
Net Interest Income-1,721
 
Pretax Income (+$)
Operating Income-19,526
Net Interest Income-1,721
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-9,932-29,120
EBIT - interestExpense = -21,945
-9,932
-7,355
Interest Expense2,419
Earnings Before Interest and Taxes (EBIT)-19,526-7,513
Earnings Before Interest and Taxes (EBITDA)16,775
 
After tax Income (+$)
Income Before Tax-9,932
Tax Provision--158
Net Income From Continuing Ops-9,774-9,774
Net Income-9,774
Net Income Applicable To Common Shares-9,774
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses172,609
Total Other Income/Expenses Net9,5941,721
 

Technical Analysis of Megaport
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 Megaport. The general trend of Megaport is BULLISH with 85.7% 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 Megaport'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 (85.7%) Bearish trend (-85.7%)
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 Megaport 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: 15.65.

The bearish price targets are: 13.47 > 12.72 > 12.40.

Tweet this
Megaport 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 Megaport Ltd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-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 higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above 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 above 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

Megaport 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 Megaport Ltd. The current macd is 0.04302045.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Megaport price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Megaport. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Megaport price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Megaport Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMegaport 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 Megaport Ltd. The current adx is 15.77.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Megaport shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Megaport 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 Megaport Ltd. The current sar is 13.49.

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
Megaport 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 Megaport Ltd. The current rsi is 54.74. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Megaport Ltd Daily Relative Strength Index (RSI) ChartMegaport 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 Megaport Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-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 above the STOCH %D 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 Megaport price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Megaport Ltd Daily Stochastic Oscillator ChartMegaport 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 Megaport Ltd. The current cci is 4.17212797.

Megaport Ltd Daily Commodity Channel Index (CCI) ChartMegaport 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 Megaport Ltd. The current cmo is 11.58.

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
Megaport Ltd Daily Chande Momentum Oscillator (CMO) ChartMegaport 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 Megaport Ltd. The current willr is -33.33333333.

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 Megaport is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Megaport Ltd Daily Williams %R ChartMegaport 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 Megaport Ltd.

Megaport 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 Megaport Ltd. The current atr is 0.50960242.

Megaport Ltd Daily Average True Range (ATR) ChartMegaport 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 Megaport Ltd. The current obv is -40,333,218.

Megaport Ltd Daily On-Balance Volume (OBV) ChartMegaport 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 Megaport Ltd. The current mfi is 58.87.

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

  • MFI > 50: +1
Megaport Ltd Daily Money Flow Index (MFI) ChartMegaport Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Megaport 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
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22DMI 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
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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).
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-12DMI 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
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH 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).
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH 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
2024-01-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-09RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-19DMI 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
2024-01-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25DMI 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
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-05STOCH 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.
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Megaport Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.739
Ma 20Greater thanMa 5014.569
Ma 50Greater thanMa 10014.101
Ma 100Greater thanMa 20011.881
OpenGreater thanClose14.470
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Megaport with someone you think should read this too:
  • Are you bullish or bearish on Megaport? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Megaport? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Megaport Ltd

I send you an email if I find something interesting about Megaport Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Megaport Ltd.

Receive notifications about Megaport Ltd in your mailbox!