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Meitav Dash Investments Ltd
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Let's analyse Meitav Dash Investments Ltd together

PenkeI guess you are interested in Meitav Dash Investments 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 Meitav Dash Investments Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Meitav Dash Investments Ltd (30 sec.)










What can you expect buying and holding a share of Meitav Dash Investments Ltd? (30 sec.)

How much money do you get?

How much money do you get?
ILA0.89
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
ILA1,058.77
Expected worth in 1 year
ILA-2,323.33
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
ILA-3,054.03
Return On Investment
-170.0%

For what price can you sell your share?

Current Price per Share
ILA1,797.00
Expected price per share
ILA1,574 - ILA2,168
How sure are you?
50%

1. Valuation of Meitav Dash Investments Ltd (5 min.)




Live pricePrice per Share (EOD)

ILA1,797.00

Intrinsic Value Per Share

ILA-1,157.82 - ILA967.21

Total Value Per Share

ILA-99.05 - ILA2,025.98

2. Growth of Meitav Dash Investments Ltd (5 min.)




Is Meitav Dash Investments Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$193.1m$347.3m-$154.2m-79.9%

How much money is Meitav Dash Investments Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$112.6m$44m-$156.6m-139.1%
Net Profit Margin-71.0%19.4%--

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

3. Financial Health of Meitav Dash Investments Ltd (5 min.)




What can you expect buying and holding a share of Meitav Dash Investments Ltd? (5 min.)

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

What can you expect buying and holding a share of Meitav Dash Investments Ltd?

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

Speculation

The Price per Share of Meitav Dash Investments Ltd is ILA1,797. 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 Meitav Dash Investments 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 Meitav Dash Investments 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 ILA1,058.77. Based on the TTM, the Book Value Change Per Share is ILA-845.53 per quarter. Based on the YOY, the Book Value Change Per Share is ILA410.09 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 ILA82.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Meitav Dash Investments Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ILA% of Price per ShareILA% of Price per ShareILA% of Price per ShareILA% of Price per ShareILA% of Price per Share
Usd Eps-1.68-0.1%-1.68-0.1%0.660.0%-0.010.0%0.110.0%
Usd Book Value Change Per Share-2.30-0.1%-2.30-0.1%1.120.1%-0.050.0%0.100.0%
Usd Dividend Per Share0.220.0%0.220.0%0.080.0%0.180.0%0.150.0%
Usd Total Gains Per Share-2.08-0.1%-2.08-0.1%1.200.1%0.130.0%0.250.0%
Usd Price Per Share4.55-4.55-3.87-3.59-3.66-
Price to Earnings Ratio-2.71--2.71-5.88-6.56-17.66-
Price-to-Total Gains Ratio-2.19--2.19-3.23-4.74--18.37-
Price to Book Ratio1.58-1.58-0.75-0.95-1.26-
Price-to-Total Gains Ratio-2.19--2.19-3.23-4.74--18.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.88784
Number of shares204
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.220.18
Usd Book Value Change Per Share-2.30-0.05
Usd Total Gains Per Share-2.080.13
Gains per Quarter (204 shares)-423.6626.31
Gains per Year (204 shares)-1,694.62105.25
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1182-1877-1705143-3895
2364-3753-3400286-75200
3546-5630-5095429-113305
4728-7507-6790572-151410
5910-9383-8485715-189515
61092-11260-10180858-226620
71274-13137-118751001-264725
81456-15013-135701144-302830
91638-16890-152651287-340935
101820-18767-169601430-3771040

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%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%13.01.00.092.9%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%11.03.00.078.6%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.01.090.0%9.00.05.064.3%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%11.03.00.078.6%

Fundamentals of Meitav Dash Investments Ltd

About Meitav Dash Investments Ltd

Meitav DS Investments Ltd is a publicly owned investment manager. The firm provides its services to private, business and institutional clients. It engages in the fund management activities in Israel. The firm manages investment portfolios, mutual funds, and provident funds, as well as pension, education, and other purpose funds. It also manages separate client-focused portfolios. Meitav DS Investments Ltd was formerly known as DS Apex Holdings Ltd. and changed its name in July 2013. Meitav DS Investments Ltd is based in Tel Aviv, Israel.

Fundamental data was last updated by Penke on 2024-03-11 05:55:04.

Financial Health

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

Valuation

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

1.1. Profitability of Meitav Dash Investments Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Meitav Dash Investments Ltd earns for each 1 of revenue.

  • Above 10% is considered healthy but always compare Meitav Dash Investments Ltd to the Investment Banking & Investment Services industry mean.
  • A Net Profit Margin of -71.0% means that -0.71 for each 1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Meitav Dash Investments Ltd:

  • The MRQ is -71.0%. The company is making a huge loss. -2
  • The TTM is -71.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-71.0%TTM-71.0%0.0%
TTM-71.0%YOY19.4%-90.5%
TTM-71.0%5Y-4.9%-66.1%
5Y-4.9%10Y1.6%-6.5%
1.1.2. Return on Assets

Shows how efficient Meitav Dash Investments Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Meitav Dash Investments Ltd to the Investment Banking & Investment Services industry mean.
  • -10.0% Return on Assets means that Meitav Dash Investments Ltd generated -0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Meitav Dash Investments Ltd:

  • The MRQ is -10.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -10.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-10.0%TTM-10.0%0.0%
TTM-10.0%YOY4.6%-14.6%
TTM-10.0%5Y-0.1%-9.9%
5Y-0.1%10Y0.1%-0.1%
1.1.3. Return on Equity

Shows how efficient Meitav Dash Investments Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Meitav Dash Investments Ltd to the Investment Banking & Investment Services industry mean.
  • -81.7% Return on Equity means Meitav Dash Investments Ltd generated -0.82 for each 1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Meitav Dash Investments Ltd:

  • The MRQ is -81.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -81.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-81.7%TTM-81.7%0.0%
TTM-81.7%YOY16.5%-98.2%
TTM-81.7%5Y-7.2%-74.5%
5Y-7.2%10Y1.0%-8.2%

1.2. Operating Efficiency of Meitav Dash Investments Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Meitav Dash Investments Ltd is operating .

  • Measures how much profit Meitav Dash Investments 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 Meitav Dash Investments Ltd to the Investment Banking & Investment Services industry mean.
  • An Operating Margin of 58.1% means the company generated 0.58  for each 1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Meitav Dash Investments Ltd:

  • The MRQ is 58.1%. The company is operating very efficient. +2
  • The TTM is 58.1%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ58.1%TTM58.1%0.0%
TTM58.1%YOY36.5%+21.7%
TTM58.1%5Y34.1%+24.1%
5Y34.1%10Y27.0%+7.0%
1.2.2. Operating Ratio

Measures how efficient Meitav Dash Investments Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Investment Banking & Investment Services industry mean).
  • An Operation Ratio of 1.91 means that the operating costs are 1.91 for each 1 in net sales.

Let's take a look of the Operating Ratio trends of Meitav Dash Investments Ltd:

  • The MRQ is 1.907. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.907. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.907TTM1.9070.000
TTM1.907YOY1.234+0.673
TTM1.9075Y1.286+0.621
5Y1.28610Y1.076+0.210

1.3. Liquidity of Meitav Dash Investments Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Meitav Dash Investments Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Investment Banking & Investment Services industry mean).
  • A Current Ratio of 1.03 means the company has 1.03 in assets for each 1 in short-term debts.

Let's take a look of the Current Ratio trends of Meitav Dash Investments Ltd:

  • The MRQ is 1.029. The company is just able to pay all its short-term debts.
  • The TTM is 1.029. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.029TTM1.0290.000
TTM1.029YOY1.600-0.571
TTM1.0295Y1.335-0.306
5Y1.33510Y1.071+0.264
1.3.2. Quick Ratio

Measures if Meitav Dash Investments Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Meitav Dash Investments Ltd to the Investment Banking & Investment Services industry mean.
  • A Quick Ratio of 0.83 means the company can pay off 0.83 for each 1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Meitav Dash Investments Ltd:

  • The MRQ is 0.826. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.826. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.826TTM0.8260.000
TTM0.826YOY1.204-0.377
TTM0.8265Y1.077-0.251
5Y1.07710Y0.837+0.240

1.4. Solvency of Meitav Dash Investments Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Meitav Dash Investments Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Meitav Dash Investments Ltd to Investment Banking & Investment Services industry mean.
  • A Debt to Asset Ratio of 0.83 means that Meitav Dash Investments Ltd assets are financed with 82.9% credit (debt) and the remaining percentage (100% - 82.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Meitav Dash Investments Ltd:

  • The MRQ is 0.829. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.829. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.829TTM0.8290.000
TTM0.829YOY0.638+0.190
TTM0.8295Y0.759+0.069
5Y0.75910Y0.870-0.110
1.4.2. Debt to Equity Ratio

Measures if Meitav Dash Investments Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Meitav Dash Investments Ltd to the Investment Banking & Investment Services industry mean.
  • A Debt to Equity ratio of 676.9% means that company has 6.77 debt for each 1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Meitav Dash Investments Ltd:

  • The MRQ is 6.769. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.769. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.769TTM6.7690.000
TTM6.769YOY2.303+4.466
TTM6.7695Y10.427-3.658
5Y10.42710Y30.782-20.355

2. Market Valuation of Meitav Dash Investments 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 Meitav Dash Investments Ltd generates.

  • Above 15 is considered overpriced but always compare Meitav Dash Investments Ltd to the Investment Banking & Investment Services industry mean.
  • A PE ratio of -2.71 means the investor is paying -2.71 for every 1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Meitav Dash Investments Ltd:

  • The EOD is -2.911. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.707. Based on the earnings, the company is expensive. -2
  • The TTM is -2.707. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.911MRQ-2.707-0.204
MRQ-2.707TTM-2.7070.000
TTM-2.707YOY5.882-8.589
TTM-2.7075Y6.563-9.270
5Y6.56310Y17.660-11.097
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 16.508. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 15.350. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 15.350. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD16.508MRQ15.350+1.157
MRQ15.350TTM15.3500.000
TTM15.350YOY-23.242+38.592
TTM15.3505Y2.965+12.385
5Y2.96510Y4.913-1.948
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Meitav Dash Investments Ltd is to cheap or to expensive compared to its book value.

Let's take a look of the Price to Book Ratio trends of Meitav Dash Investments Ltd:

  • The EOD is 1.697. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.578. Based on the equity, the company is underpriced. +1
  • The TTM is 1.578. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.697MRQ1.578+0.119
MRQ1.578TTM1.5780.000
TTM1.578YOY0.746+0.832
TTM1.5785Y0.954+0.624
5Y0.95410Y1.258-0.304
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Meitav Dash Investments 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---845.525-845.5250%410.087-306%-17.000-98%37.574-2350%
Book Value Per Share--1058.7711058.7710%1904.296-44%1451.560-27%1184.183-11%
Current Ratio--1.0291.0290%1.600-36%1.335-23%1.071-4%
Debt To Asset Ratio--0.8290.8290%0.638+30%0.759+9%0.870-5%
Debt To Equity Ratio--6.7696.7690%2.303+194%10.427-35%30.782-78%
Dividend Per Share--82.01782.0170%29.825+175%64.421+27%56.070+46%
Eps---617.368-617.3680%241.579-356%-3.579-99%40.860-1611%
Free Cash Flow Per Share--108.860108.8600%-61.140+156%-58.456+154%38.606+182%
Free Cash Flow To Equity Per Share--99.91299.9120%-11.930+112%60.842+64%-3.148+103%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--967.211--------
Intrinsic Value_10Y_min---1157.817--------
Intrinsic Value_1Y_max---2.896--------
Intrinsic Value_1Y_min---73.717--------
Intrinsic Value_3Y_max--67.372--------
Intrinsic Value_3Y_min---259.443--------
Intrinsic Value_5Y_max--229.353--------
Intrinsic Value_5Y_min---485.340--------
Market Cap120504843300.000+7%112055421900.000112055421900.0000%95290696900.000+18%88437277320.000+27%90294808850.000+24%
Net Profit Margin---0.710-0.7100%0.194-465%-0.049-93%0.016-4596%
Operating Margin--0.5810.5810%0.365+59%0.341+71%0.270+115%
Operating Ratio--1.9071.9070%1.234+55%1.286+48%1.076+77%
Pb Ratio1.697+7%1.5781.5780%0.746+112%0.954+65%1.258+25%
Pe Ratio-2.911-8%-2.707-2.7070%5.882-146%6.563-141%17.660-115%
Price Per Share1797.000+7%1671.0001671.0000%1421.000+18%1318.800+27%1346.500+24%
Price To Free Cash Flow Ratio16.508+7%15.35015.3500%-23.242+251%2.965+418%4.913+212%
Price To Total Gains Ratio-2.354-8%-2.189-2.1890%3.230-168%4.739-146%-18.374+740%
Quick Ratio--0.8260.8260%1.204-31%1.077-23%0.837-1%
Return On Assets---0.100-0.1000%0.046-318%-0.001-99%0.001-16737%
Return On Equity---0.817-0.8170%0.165-593%-0.072-91%0.010-8085%
Total Gains Per Share---763.508-763.5080%439.912-274%47.421-1710%93.644-915%
Usd Book Value--193120000.000193120000.0000%347344000.000-44%264764800.000-27%215995200.000-11%
Usd Book Value Change Per Share---2.300-2.3000%1.115-306%-0.046-98%0.102-2350%
Usd Book Value Per Share--2.8802.8800%5.180-44%3.948-27%3.221-11%
Usd Dividend Per Share--0.2230.2230%0.081+175%0.175+27%0.153+46%
Usd Eps---1.679-1.6790%0.657-356%-0.010-99%0.111-1611%
Usd Free Cash Flow--19856000.00019856000.0000%-11152000.000+156%-10662400.000+154%6337600.000+213%
Usd Free Cash Flow Per Share--0.2960.2960%-0.166+156%-0.159+154%0.105+182%
Usd Free Cash Flow To Equity Per Share--0.2720.2720%-0.032+112%0.165+64%-0.009+103%
Usd Market Cap327773173.776+7%304790747.568304790747.5680%259190695.568+18%240549394.310+27%245601880.072+24%
Usd Price Per Share4.888+7%4.5454.5450%3.865+18%3.587+27%3.662+24%
Usd Profit---112608000.000-112608000.0000%44064000.000-356%-544000.000-100%7507200.000-1600%
Usd Revenue--158576000.000158576000.0000%226576000.000-30%223312000.000-29%204788800.000-23%
Usd Total Gains Per Share---2.077-2.0770%1.197-274%0.129-1710%0.255-915%
 EOD+4 -4MRQTTM+0 -0YOY+12 -235Y+13 -2210Y+15 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.911
Price to Book Ratio (EOD)Between0-11.697
Net Profit Margin (MRQ)Greater than0-0.710
Operating Margin (MRQ)Greater than00.581
Quick Ratio (MRQ)Greater than10.826
Current Ratio (MRQ)Greater than11.029
Debt to Asset Ratio (MRQ)Less than10.829
Debt to Equity Ratio (MRQ)Less than16.769
Return on Equity (MRQ)Greater than0.15-0.817
Return on Assets (MRQ)Greater than0.05-0.100
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.052
Ma 20Greater thanMa 501,695.850
Ma 50Greater thanMa 1001,630.080
Ma 100Greater thanMa 2001,493.960
OpenGreater thanClose1,806.000
Total5/5 (100.0%)



Reversals in quarterly reports

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

 2017-12-312018-12-312019-12-312020-12-312021-12-31
Retained Earnings  17,900,0002,100,00020,000,0002,800,00022,800,00014,200,00037,000,000-46,900,000-9,900,000
Income before Tax  17,000,000-3,700,00013,300,0001,300,00014,600,00013,500,00028,100,000-58,000,000-29,900,000
Minority Interest  12,600,000-100,00012,500,0002,100,00014,600,00015,200,00029,800,000-32,000,000-2,200,000
Net Income  9,500,000-2,600,0006,900,000900,0007,800,0008,400,00016,200,000-57,600,000-41,400,000
EBITDA  26,600,000-2,600,00024,000,0005,400,00029,400,00012,800,00042,200,000-55,900,000-13,700,000
Operating Income  18,400,0006,500,00024,900,000-6,700,00018,200,000-9,500,0008,700,000-30,600,000-21,900,000
Net Income from Continuing Operations  10,600,000-2,900,0007,700,0001,900,0009,600,0009,600,00019,200,000-58,400,000-39,200,000
Net Income Applicable to Common Shares  9,500,000-2,800,0006,700,0001,100,0007,800,0008,400,00016,200,000-57,600,000-41,400,000



Latest Balance Sheet

Balance Sheet of 2021-12-31. Currency in ILS. All numbers in thousands.

Summary
Total Assets4,142,000
Total Liabilities3,432,000
Total Stockholder Equity507,000
 As reported
Total Liabilities 3,432,000
Total Stockholder Equity+ 507,000
Total Assets = 4,142,000

Assets

Total Assets4,142,000
Total Current Assets2,263,000
Long-term Assets1,879,000
Total Current Assets
Cash And Cash Equivalents 313,000
Short-term Investments 236,000
Net Receivables 1,581,000
Other Current Assets 102,000
Total Current Assets  (as reported)2,263,000
Total Current Assets  (calculated)2,232,000
+/- 31,000
Long-term Assets
Property Plant Equipment 195,000
Goodwill 926,000
Intangible Assets 247,000
Other Assets 339,000
Long-term Assets  (as reported)1,879,000
Long-term Assets  (calculated)1,707,000
+/- 172,000

Liabilities & Shareholders' Equity

Total Current Liabilities2,199,000
Long-term Liabilities1,233,000
Total Stockholder Equity507,000
Total Current Liabilities
Short Long Term Debt 1,128,000
Accounts payable 115,000
Other Current Liabilities 922,000
Total Current Liabilities  (as reported)2,199,000
Total Current Liabilities  (calculated)2,165,000
+/- 34,000
Long-term Liabilities
Long term Debt 918,000
Capital Lease Obligations Min Short Term Debt172,000
Other Liabilities 167,000
Long-term Liabilities Other 100,000
Deferred Long Term Liability 72,000
Long-term Liabilities  (as reported)1,233,000
Long-term Liabilities  (calculated)1,429,000
+/- 196,000
Total Stockholder Equity
Common Stock66,000
Other Stockholders Equity 35,000
Total Stockholder Equity (as reported)507,000
Total Stockholder Equity (calculated)101,000
+/- 406,000
Other
Capital Stock66,000
Common Stock Shares Outstanding 66,648
Net Debt 1,733,000
Net Invested Capital 2,553,000
Net Tangible Assets -594,000
Net Working Capital 64,000



Balance Sheet

Currency in ILS. All numbers in thousands.

 Trend2021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-31
> Total Assets 
862,855
606,849
624,785
903,054
18,407,747
22,455,000
31,932,000
36,907,000
33,058,000
30,892,000
31,500,000
2,864,000
3,248,000
3,532,000
4,142,000
4,142,0003,532,0003,248,0002,864,00031,500,00030,892,00033,058,00036,907,00031,932,00022,455,00018,407,747903,054624,785606,849862,855
   > Total Current Assets 
0
0
0
0
0
0
30,758,000
35,749,000
31,821,000
29,633,000
30,137,000
1,433,000
1,558,000
1,776,000
2,263,000
2,263,0001,776,0001,558,0001,433,00030,137,00029,633,00031,821,00035,749,00030,758,000000000
       Cash And Cash Equivalents 
105,013
152,636
80,571
358,325
193,320
90,000
113,000
61,000
80,000
111,000
160,000
278,000
287,000
286,000
313,000
313,000286,000287,000278,000160,000111,00080,00061,000113,00090,000193,320358,32580,571152,636105,013
       Short-term Investments 
34,908
14,794
11
16,267
17,282,477
21,313,000
30,253,000
35,305,000
1,200
28,558,000
29,027,000
151,000
244,000
221,000
236,000
236,000221,000244,000151,00029,027,00028,558,0001,20035,305,00030,253,00021,313,00017,282,47716,2671114,79434,908
       Net Receivables 
0
0
0
0
0
0
111,000
83,000
53,000
547,000
648,000
956,000
976,000
1,115,000
1,581,000
1,581,0001,115,000976,000956,000648,000547,00053,00083,000111,000000000
       Other Current Assets 
0
0
0
0
0
0
30,278,000
35,322,000
31,607,800
28,898,600
29,222,000
66,000
77,000
106,000
102,000
102,000106,00077,00066,00029,222,00028,898,60031,607,80035,322,00030,278,000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
1,259,000
1,363,000
1,431,000
1,683,000
1,756,000
1,879,000
1,879,0001,756,0001,683,0001,431,0001,363,0001,259,000000000000
       Property Plant Equipment 
13,587
12,400
12,083
12,441
16,843
16,000
18,000
45,000
42,000
42,000
40,000
37,000
200,000
186,000
195,000
195,000186,000200,00037,00040,00042,00042,00045,00018,00016,00016,84312,44112,08312,40013,587
       Goodwill 
201,763
200,022
200,022
200,262
458,726
481,000
801,000
801,000
813,000
871,000
912,000
913,000
939,000
923,000
926,000
926,000923,000939,000913,000912,000871,000813,000801,000801,000481,000458,726200,262200,022200,022201,763
       Long Term Investments 
0
0
0
0
0
0
136,000
126,000
188,000
116,000
143,000
125,000
0
0
0
000125,000143,000116,000188,000126,000136,000000000
       Intangible Assets 
212,045
210,403
210,021
210,114
471,653
485,000
813,000
816,000
134,000
196,000
238,000
261,000
220,000
182,000
247,000
247,000182,000220,000261,000238,000196,000134,000816,000813,000485,000471,653210,114210,021210,403212,045
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
1,259,000
1,363,000
1,431,000
150,000
96,000
0
096,000150,0001,431,0001,363,0001,259,000000000000
> Total Liabilities 
432,536
293,597
196,938
466,899
17,949,714
22,002,000
31,349,000
36,300,000
32,394,000
30,125,000
30,572,000
1,914,000
2,246,000
2,255,000
3,432,000
3,432,0002,255,0002,246,0001,914,00030,572,00030,125,00032,394,00036,300,00031,349,00022,002,00017,949,714466,899196,938293,597432,536
   > Total Current Liabilities 
0
0
0
0
0
0
30,478,000
35,505,000
31,540,000
29,301,000
29,599,000
972,000
1,004,000
1,110,000
2,199,000
2,199,0001,110,0001,004,000972,00029,599,00029,301,00031,540,00035,505,00030,478,000000000
       Short-term Debt 
0
0
0
0
0
0
834,000
81,000
79,000
28,916,000
29,035,000
575,000
712,000
0
0
00712,000575,00029,035,00028,916,00079,00081,000834,000000000
       Short Long Term Debt 
0
0
0
0
0
0
834,000
81,000
79,000
28,925,000
29,041,000
575,000
712,000
613,000
1,128,000
1,128,000613,000712,000575,00029,041,00028,925,00079,00081,000834,000000000
       Accounts payable 
15,227
18,368
21,992
24,233
28,136
26,000
59,000
55,000
47,000
60,000
70,000
69,000
66,000
126,000
115,000
115,000126,00066,00069,00070,00060,00047,00055,00059,00026,00028,13624,23321,99218,36815,227
       Other Current Liabilities 
0
0
0
0
0
0
30,232,000
35,303,000
31,363,000
28,668,000
29,051,000
244,000
151,000
321,000
922,000
922,000321,000151,000244,00029,051,00028,668,00031,363,00035,303,00030,232,000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
824,000
973,000
942,000
1,235,000
1,145,000
1,233,000
1,233,0001,145,0001,235,000942,000973,000824,000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
-834,000
-81,000
-79,000
-28,916,000
-29,035,000
-575,000
-539,000
164,000
172,000
172,000164,000-539,000-575,000-29,035,000-28,916,000-79,000-81,000-834,000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
35,000
22,000
11,000
4,000
98,000
100,000
100,00098,0004,00011,00022,00035,000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
154,000
22,000
28,000
34,000
32,000
61,000
50,000
43,000
72,000
72,00043,00050,00061,00032,00034,00028,00022,000154,000000000
> Total Stockholder Equity
430,319
313,252
427,915
435,138
457,720
450,000
578,000
605,000
655,000
699,000
802,000
825,000
856,000
979,000
507,000
507,000979,000856,000825,000802,000699,000655,000605,000578,000450,000457,720435,138427,915313,252430,319
   Common Stock
34,341
34,341
34,341
34,341
34,341
34,000
63,000
63,000
63,000
63,000
64,000
64,000
65,000
66,000
66,000
66,00066,00065,00064,00064,00063,00063,00063,00063,00034,00034,34134,34134,34134,34134,341
   Retained Earnings 
31,373
0
31,117
29,735
46,781
44,000
31,000
60,000
100,000
134,000
179,000
200,000
228,000
370,000
-99,000
-99,000370,000228,000200,000179,000134,000100,00060,00031,00044,00046,78129,73531,117031,373
   Capital Surplus 000000000000000
   Treasury Stock0000-52,000-54,000-57,000-67,000-67,000-83,000-83,510-86,831-92,950-95,786-90,802
   Other Stockholders Equity 
0
0
0
0
0
0
-9,000
-10,000
-9,000
-3,000
50,000
48,000
49,000
39,000
35,000
35,00039,00049,00048,00050,000-3,000-9,000-10,000-9,000000000



Balance Sheet

Currency in ILS. All numbers in thousands.




Cash Flow

Currency in ILS. All numbers in thousands.




Income Statement

Currency in ILS. All numbers in thousands.


Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue583,000
Cost of Revenue-310,000
Gross Profit273,000273,000
 
Operating Income (+$)
Gross Profit273,000
Operating Expense-802,000
Operating Income-219,000-529,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative372,000
Selling And Marketing Expenses0
Operating Expense802,000372,000
 
Net Interest Income (+$)
Interest Income189,000
Interest Expense-73,000
Other Finance Cost-6,000
Net Interest Income110,000
 
Pretax Income (+$)
Operating Income-219,000
Net Interest Income110,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-299,000-219,000
EBIT - interestExpense = 266,000
-321,000
-341,000
Interest Expense73,000
Earnings Before Interest and Taxes (EBIT)339,000-226,000
Earnings Before Interest and Taxes (EBITDA)-137,000
 
After tax Income (+$)
Income Before Tax-299,000
Tax Provision-93,000
Net Income From Continuing Ops-392,000-392,000
Net Income-414,000
Net Income Applicable To Common Shares-414,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-110,000
 

Technical Analysis of Meitav Dash Investments 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 Meitav Dash Investments Ltd. The general trend of Meitav Dash Investments Ltd is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Meitav Dash Investments 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 (100.0%) Bearish trend (-100.0%)
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 Meitav Dash Investments 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: 1,846 < 1,850 < 2,168.

The bearish price targets are: 1,728 > 1,687 > 1,574.

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Meitav Dash Investments 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 Meitav Dash Investments Ltd. The current mas is .

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

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is 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

Meitav Dash Investments 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 Meitav Dash Investments Ltd. The current macd is 53.79.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Meitav Dash Investments Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Meitav Dash Investments Ltd. 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 Meitav Dash Investments Ltd 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
Meitav Dash Investments Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd. The current adx is 20.21.

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 Meitav Dash Investments 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
Meitav Dash Investments 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 Meitav Dash Investments Ltd. The current sar is 1,680.

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
Meitav Dash Investments 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 Meitav Dash Investments Ltd. The current rsi is 68.05. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Meitav Dash Investments Ltd Daily Relative Strength Index (RSI) ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
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 > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Meitav Dash Investments Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Meitav Dash Investments Ltd Daily Stochastic Oscillator ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd. The current cci is 105.96.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Meitav Dash Investments Ltd Daily Commodity Channel Index (CCI) ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd. The current cmo is 39.21.

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
Meitav Dash Investments Ltd Daily Chande Momentum Oscillator (CMO) ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd. The current willr is -18.01470588.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Meitav Dash Investments Ltd Daily Williams %R ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd.

Meitav Dash Investments 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 Meitav Dash Investments Ltd. The current atr is 43.42.

Meitav Dash Investments Ltd Daily Average True Range (ATR) ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd. The current obv is 459,036.

Meitav Dash Investments Ltd Daily On-Balance Volume (OBV) ChartMeitav Dash Investments 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 Meitav Dash Investments Ltd. The current mfi is 78.56.

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
Meitav Dash Investments Ltd Daily Money Flow Index (MFI) ChartMeitav Dash Investments Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Meitav Dash Investments 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
2023-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28DMI 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
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI 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
2023-12-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-24MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01STOCH 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-14STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06DMI 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.
2024-02-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH 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
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21DMI 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
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Meitav Dash Investments Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.052
Ma 20Greater thanMa 501,695.850
Ma 50Greater thanMa 1001,630.080
Ma 100Greater thanMa 2001,493.960
OpenGreater thanClose1,806.000
Total5/5 (100.0%)
Penke

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