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Nazara Technologies Limited
Buy, Hold or Sell?

Let's analyse Nazara together

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

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

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

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Quick analysis of Nazara (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.16
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
INR172.01
Expected worth in 1 year
INR492.72
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
INR334.40
Return On Investment
49.8%

For what price can you sell your share?

Current Price per Share
INR671.45
Expected price per share
INR606.25 - INR916.85
How sure are you?
50%

1. Valuation of Nazara (5 min.)




Live pricePrice per Share (EOD)

INR671.45

Intrinsic Value Per Share

INR17.33 - INR52.25

Total Value Per Share

INR189.34 - INR224.26

2. Growth of Nazara (5 min.)




Is Nazara growing?

Current yearPrevious yearGrowGrow %
How rich?$157.9m$143.7m$14.1m9.0%

How much money is Nazara making?

Current yearPrevious yearGrowGrow %
Making money$4.7m$3.4m$1.3m27.9%
Net Profit Margin3.6%4.6%--

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

3. Financial Health of Nazara (5 min.)




4. Comparing to competitors in the Electronic Gaming & Multimedia industry (5 min.)




  Industry Rankings (Electronic Gaming & Multimedia)  


Richest
#56 / 131

Most Revenue
#37 / 131

Most Profit
#32 / 131

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

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

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

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

Speculation

The Price per Share of Nazara is INR671.45. 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 Nazara.
  • 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 Nazara, 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 INR172.01. Based on the TTM, the Book Value Change Per Share is INR80.18 per quarter. Based on the YOY, the Book Value Change Per Share is INR-9.94 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 INR3.42 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nazara.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.060.0%0.060.0%0.030.0%0.020.0%0.020.0%
Usd Book Value Change Per Share0.960.1%0.960.1%-0.120.0%0.290.0%0.340.1%
Usd Dividend Per Share0.040.0%0.040.0%0.000.0%0.010.0%0.010.0%
Usd Total Gains Per Share1.000.1%1.000.1%-0.120.0%0.300.0%0.360.1%
Usd Price Per Share6.20-6.20-19.66-8.69-7.24-
Price to Earnings Ratio100.33-100.33-752.72-413.59-344.66-
Price-to-Total Gains Ratio6.18-6.18--164.86--33.09--33.09-
Price to Book Ratio3.00-3.00-17.84-7.05-5.87-
Price-to-Total Gains Ratio6.18-6.18--164.86--33.09--33.09-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.0574
Number of shares124
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.01
Usd Book Value Change Per Share0.960.29
Usd Total Gains Per Share1.000.30
Gains per Quarter (124 shares)124.4037.16
Gains per Year (124 shares)497.59148.64
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1204774884145139
2419549868289288
3611432148412434437
4811909198216578586
51022386248020723735
61222863297824867884
7143334034762910121033
8163381839743311561182
9183429544723713011331
10204477249704114461480

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%1.00.04.020.0%2.00.04.033.3%2.00.04.033.3%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%

Fundamentals of Nazara

About Nazara Technologies Limited

Nazara Technologies Limited operates a gaming and sports media platform in India and internationally. The company operates through eSports, Gamified Early Learning, Freemium, Skill Based Games, and Adtech segments. It offers interactive gaming, gamified early learning, and e-Sports. In addition, the company engages in the provision of subscription/download of games/other contents. Further, it owns various IPs, including Kiddopia, Animal Jam, World Cricket Championship, Classic Rummy, Halaplay, Nazara Telco Distribution, Nodwin, SportsKeeda, Wings, Branded, Pro Football Network, Publishme, Rusk DC, and Planet Superheroes. Nazara Technologies Limited was incorporated in 1999 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-18 20:29:02.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
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 Nazara Technologies Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nazara earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Nazara to the Electronic Gaming & Multimedia industry mean.
  • A Net Profit Margin of 3.6% means that ₹0.04 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 3.6%. The company is making a profit. +1
  • The TTM is 3.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.6%TTM3.6%0.0%
TTM3.6%YOY4.6%-1.0%
TTM3.6%5Y3.9%-0.3%
5Y3.9%10Y3.5%+0.4%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6%-4.0%+7.6%
TTM3.6%1.1%+2.5%
YOY4.6%3.0%+1.6%
5Y3.9%0.9%+3.0%
10Y3.5%1.9%+1.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Nazara to the Electronic Gaming & Multimedia industry mean.
  • 2.3% Return on Assets means that Nazara generated ₹0.02 profit for each $1 in assets.

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

  • The MRQ is 2.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.3%0.0%
TTM2.3%YOY2.0%+0.3%
TTM2.3%5Y1.7%+0.6%
5Y1.7%10Y1.5%+0.2%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%-0.6%+2.9%
TTM2.3%0.1%+2.2%
YOY2.0%0.7%+1.3%
5Y1.7%0.3%+1.4%
10Y1.5%0.9%+0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Nazara to the Electronic Gaming & Multimedia industry mean.
  • 3.6% Return on Equity means Nazara generated ₹0.04 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 3.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.6%TTM3.6%0.0%
TTM3.6%YOY2.7%+0.8%
TTM3.6%5Y2.3%+1.3%
5Y2.3%10Y2.1%+0.3%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6%-0.4%+4.0%
TTM3.6%0.2%+3.4%
YOY2.7%1.2%+1.5%
5Y2.3%0.6%+1.7%
10Y2.1%1.5%+0.6%

1.2. Operating Efficiency of Nazara Technologies Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nazara is operating .

  • Measures how much profit Nazara 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 Nazara to the Electronic Gaming & Multimedia industry mean.
  • An Operating Margin of 9.4% means the company generated ₹0.09  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 9.4%. The company is operating less efficient.
  • The TTM is 9.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.4%TTM9.4%0.0%
TTM9.4%YOY11.1%-1.8%
TTM9.4%5Y3.2%+6.1%
5Y3.2%10Y4.2%-1.0%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ9.4%-3.5%+12.9%
TTM9.4%1.6%+7.8%
YOY11.1%5.8%+5.3%
5Y3.2%3.7%-0.5%
10Y4.2%3.9%+0.3%
1.2.2. Operating Ratio

Measures how efficient Nazara is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Gaming & Multimedia industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are ₹0.95 for each ₹1 in net sales.

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

  • The MRQ is 0.952. The company is less efficient in keeping operating costs low.
  • The TTM is 0.952. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.952TTM0.9520.000
TTM0.952YOY0.897+0.054
TTM0.9525Y0.982-0.031
5Y0.98210Y0.971+0.011
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9521.230-0.278
TTM0.9521.171-0.219
YOY0.8971.050-0.153
5Y0.9821.083-0.101
10Y0.9711.005-0.034

1.3. Liquidity of Nazara Technologies Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Electronic Gaming & Multimedia industry mean).
  • A Current Ratio of 2.98 means the company has ₹2.98 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 2.983. The company is able to pay all its short-term debts. +1
  • The TTM is 2.983. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.983TTM2.9830.000
TTM2.983YOY5.288-2.306
TTM2.9835Y4.110-1.127
5Y4.11010Y4.377-0.267
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9832.274+0.709
TTM2.9832.347+0.636
YOY5.2882.717+2.571
5Y4.1102.717+1.393
10Y4.3772.644+1.733
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nazara to the Electronic Gaming & Multimedia industry mean.
  • A Quick Ratio of 4.52 means the company can pay off ₹4.52 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 4.517. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.517. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.517TTM4.5170.000
TTM4.517YOY8.153-3.636
TTM4.5175Y6.429-1.912
5Y6.42910Y6.460-0.030
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5171.329+3.188
TTM4.5171.704+2.813
YOY8.1531.722+6.431
5Y6.4291.940+4.489
10Y6.4601.864+4.596

1.4. Solvency of Nazara Technologies Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Nazara to Electronic Gaming & Multimedia industry mean.
  • A Debt to Asset Ratio of 0.23 means that Nazara assets are financed with 22.6% credit (debt) and the remaining percentage (100% - 22.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.226. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.226. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.226TTM0.2260.000
TTM0.226YOY0.150+0.076
TTM0.2265Y0.197+0.029
5Y0.19710Y0.194+0.003
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2260.280-0.054
TTM0.2260.312-0.086
YOY0.1500.281-0.131
5Y0.1970.306-0.109
10Y0.1940.333-0.139
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Nazara to the Electronic Gaming & Multimedia industry mean.
  • A Debt to Equity ratio of 34.9% means that company has ₹0.35 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.349. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.349. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.349TTM0.3490.000
TTM0.349YOY0.203+0.146
TTM0.3495Y0.291+0.058
5Y0.29110Y0.282+0.009
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3490.371-0.022
TTM0.3490.391-0.042
YOY0.2030.367-0.164
5Y0.2910.434-0.143
10Y0.2820.412-0.130

2. Market Valuation of Nazara Technologies Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Nazara to the Electronic Gaming & Multimedia industry mean.
  • A PE ratio of 100.33 means the investor is paying ₹100.33 for every ₹1 in earnings.

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

  • The EOD is 130.441. Based on the earnings, the company is expensive. -2
  • The MRQ is 100.330. Based on the earnings, the company is expensive. -2
  • The TTM is 100.330. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD130.441MRQ100.330+30.112
MRQ100.330TTM100.3300.000
TTM100.330YOY752.723-652.394
TTM100.3305Y413.592-313.262
5Y413.59210Y344.660+68.932
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD130.441-0.280+130.721
MRQ100.330-0.712+101.042
TTM100.3301.768+98.562
YOY752.72311.967+740.756
5Y413.59215.401+398.191
10Y344.66014.075+330.585
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -25,696.929. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -19,764.955. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -19,764.955. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-25,696.929MRQ-19,764.955-5,931.974
MRQ-19,764.955TTM-19,764.9550.000
TTM-19,764.955YOY429.264-20,194.219
TTM-19,764.9555Y-3,832.187-15,932.768
5Y-3,832.18710Y-3,193.489-638.698
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD-25,696.9290.125-25,697.054
MRQ-19,764.9550.134-19,765.089
TTM-19,764.955-0.799-19,764.156
YOY429.2640.176+429.088
5Y-3,832.1873.629-3,835.816
10Y-3,193.4893.745-3,197.234
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electronic Gaming & Multimedia industry mean).
  • A PB ratio of 3.00 means the investor is paying ₹3.00 for each ₹1 in book value.

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

  • The EOD is 3.904. Based on the equity, the company is fair priced.
  • The MRQ is 3.002. Based on the equity, the company is fair priced.
  • The TTM is 3.002. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.904MRQ3.002+0.901
MRQ3.002TTM3.0020.000
TTM3.002YOY17.840-14.837
TTM3.0025Y7.050-4.048
5Y7.05010Y5.875+1.175
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD3.9041.895+2.009
MRQ3.0022.255+0.747
TTM3.0022.251+0.751
YOY17.8402.824+15.016
5Y7.0503.418+3.632
10Y5.8753.606+2.269
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nazara Technologies Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--80.17780.1770%-9.937+112%24.288+230%28.669+180%
Book Value Per Share--172.011172.0110%91.834+87%100.047+72%91.801+87%
Current Ratio--2.9832.9830%5.288-44%4.110-27%4.377-32%
Debt To Asset Ratio--0.2260.2260%0.150+51%0.197+15%0.194+17%
Debt To Equity Ratio--0.3490.3490%0.203+72%0.291+20%0.282+24%
Dividend Per Share--3.4233.4230%-+100%0.685+400%1.225+180%
Eps--5.1485.1480%2.176+137%2.046+152%1.763+192%
Free Cash Flow Per Share---0.026-0.0260%3.817-101%2.544-101%2.147-101%
Free Cash Flow To Equity Per Share--1.8681.8680%29.475-94%13.969-87%12.476-85%
Gross Profit Margin---5.089-5.0890%-6.102+20%5.648-190%2.203-331%
Intrinsic Value_10Y_max--52.249--------
Intrinsic Value_10Y_min--17.326--------
Intrinsic Value_1Y_max--4.323--------
Intrinsic Value_1Y_min--2.364--------
Intrinsic Value_3Y_max--13.685--------
Intrinsic Value_3Y_min--6.601--------
Intrinsic Value_5Y_max--23.886--------
Intrinsic Value_5Y_min--10.256--------
Market Cap51393857320.000+23%39529909320.00039529909320.0000%213773424776.400-82%73107256435.280-46%60922713696.067-35%
Net Profit Margin--0.0360.0360%0.046-21%0.039-8%0.035+2%
Operating Margin--0.0940.0940%0.111-16%0.032+190%0.042+122%
Operating Ratio--0.9520.9520%0.897+6%0.982-3%0.971-2%
Pb Ratio3.904+23%3.0023.0020%17.840-83%7.050-57%5.875-49%
Pe Ratio130.441+23%100.330100.3300%752.723-87%413.592-76%344.660-71%
Price Per Share671.450+23%516.450516.4500%1638.300-68%724.210-29%603.508-14%
Price To Free Cash Flow Ratio-25696.929-30%-19764.955-19764.9550%429.264-4704%-3832.187-81%-3193.489-84%
Price To Total Gains Ratio8.032+23%6.1786.1780%-164.861+2769%-33.086+636%-33.086+636%
Quick Ratio--4.5174.5170%8.153-45%6.429-30%6.460-30%
Return On Assets--0.0230.0230%0.020+15%0.017+38%0.015+55%
Return On Equity--0.0360.0360%0.027+31%0.023+54%0.021+74%
Total Gains Per Share--83.60083.6000%-9.937+112%24.972+235%29.893+180%
Usd Book Value--157992000.000157992000.0000%143796000.000+10%103782072.000+52%94226780.000+68%
Usd Book Value Change Per Share--0.9620.9620%-0.119+112%0.291+230%0.344+180%
Usd Book Value Per Share--2.0642.0640%1.102+87%1.201+72%1.102+87%
Usd Dividend Per Share--0.0410.0410%-+100%0.008+400%0.015+180%
Usd Eps--0.0620.0620%0.026+137%0.025+152%0.021+192%
Usd Free Cash Flow---24000.000-24000.0000%5976000.000-100%2830560.000-101%2383720.000-101%
Usd Free Cash Flow Per Share--0.0000.0000%0.046-101%0.031-101%0.026-101%
Usd Free Cash Flow To Equity Per Share--0.0220.0220%0.354-94%0.168-87%0.150-85%
Usd Market Cap616726287.840+23%474358911.840474358911.8400%2565281097.317-82%877287077.223-46%731072564.353-35%
Usd Price Per Share8.057+23%6.1976.1970%19.660-68%8.691-29%7.242-14%
Usd Profit--4728000.0004728000.0000%3408000.000+39%2217168.000+113%1901040.000+149%
Usd Revenue--130920000.000130920000.0000%74604000.000+75%62018736.000+111%55123080.000+138%
Usd Total Gains Per Share--1.0031.0030%-0.119+112%0.300+235%0.359+180%
 EOD+5 -3MRQTTM+0 -0YOY+21 -155Y+22 -1410Y+23 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15130.441
Price to Book Ratio (EOD)Between0-13.904
Net Profit Margin (MRQ)Greater than00.036
Operating Margin (MRQ)Greater than00.094
Quick Ratio (MRQ)Greater than14.517
Current Ratio (MRQ)Greater than12.983
Debt to Asset Ratio (MRQ)Less than10.226
Debt to Equity Ratio (MRQ)Less than10.349
Return on Equity (MRQ)Greater than0.150.036
Return on Assets (MRQ)Greater than0.050.023
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.386
Ma 20Greater thanMa 50691.270
Ma 50Greater thanMa 100793.953
Ma 100Greater thanMa 200816.082
OpenGreater thanClose661.400
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Other Stockholders Equity  2,102,300-269,2701,833,0301,785,4703,618,5004,615,5008,234,000-9,849,000-1,615,000



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets17,018,000
Total Liabilities3,852,000
Total Stockholder Equity11,049,000
 As reported
Total Liabilities 3,852,000
Total Stockholder Equity+ 11,049,000
Total Assets = 17,018,000

Assets

Total Assets17,018,000
Total Current Assets9,974,000
Long-term Assets7,044,000
Total Current Assets
Cash And Cash Equivalents 1,421,000
Short-term Investments 6,065,000
Net Receivables 1,553,000
Inventory 246,000
Other Current Assets 689,000
Total Current Assets  (as reported)9,974,000
Total Current Assets  (calculated)9,974,000
+/-0
Long-term Assets
Property Plant Equipment 148,000
Goodwill 3,407,000
Intangible Assets 2,276,000
Other Assets 237,000
Long-term Assets  (as reported)7,044,000
Long-term Assets  (calculated)6,068,000
+/- 976,000

Liabilities & Shareholders' Equity

Total Current Liabilities3,344,000
Long-term Liabilities508,000
Total Stockholder Equity11,049,000
Total Current Liabilities
Short-term Debt 330,000
Short Long Term Debt 304,000
Accounts payable 767,000
Other Current Liabilities 737,000
Total Current Liabilities  (as reported)3,344,000
Total Current Liabilities  (calculated)2,138,000
+/- 1,206,000
Long-term Liabilities
Capital Lease Obligations 78,000
Long-term Liabilities  (as reported)508,000
Long-term Liabilities  (calculated)78,000
+/- 430,000
Total Stockholder Equity
Common Stock265,000
Retained Earnings 1,350,000
Accumulated Other Comprehensive Income 807,000
Total Stockholder Equity (as reported)11,049,000
Total Stockholder Equity (calculated)2,422,000
+/- 8,627,000
Other
Capital Stock265,000
Cash and Short Term Investments 7,486,000
Common Stock Shares Outstanding 66,174
Current Deferred Revenue1,510,000
Liabilities and Stockholders Equity 17,018,000
Net Debt -1,039,000
Net Invested Capital 11,353,000
Net Working Capital 6,630,000
Property Plant and Equipment Gross 148,000
Short Long Term Debt Total 382,000



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
4,707,590
5,070,240
7,768,290
10,227,040
14,098,000
17,018,000
17,018,00014,098,00010,227,0407,768,2905,070,2404,707,5900
   > Total Current Assets 
2,419,620
2,887,220
3,149,580
3,796,870
6,812,420
9,154,000
9,974,000
9,974,0009,154,0006,812,4203,796,8703,149,5802,887,2202,419,620
       Cash And Cash Equivalents 
0
1,174,930
532,610
720,880
1,399,660
1,922,000
1,421,000
1,421,0001,922,0001,399,660720,880532,6101,174,9300
       Short-term Investments 
0
867,560
2,052,680
1,512,700
3,440,780
5,240,000
6,065,000
6,065,0005,240,0003,440,7801,512,7002,052,680867,5600
       Net Receivables 
587,330
430,960
867,630
1,331,160
1,710,480
1,710,000
1,553,000
1,553,0001,710,0001,710,4801,331,160867,630430,960587,330
       Other Current Assets 
22,280
844,730
101,780
1,563,290
307,270
269,000
689,000
689,000269,000307,2701,563,290101,780844,73022,280
   > Long-term Assets 
0
1,820,370
1,920,660
3,971,420
3,414,620
4,944,000
7,044,000
7,044,0004,944,0003,414,6203,971,4201,920,6601,820,3700
       Property Plant Equipment 
10,280
150,770
15,400
108,790
38,630
77,000
148,000
148,00077,00038,630108,79015,400150,77010,280
       Goodwill 
0
680,030
680,030
1,596,340
1,684,460
2,632,000
3,407,000
3,407,0002,632,0001,684,4601,596,340680,030680,0300
       Intangible Assets 
0
678,380
592,750
1,836,210
1,262,890
1,540,000
2,276,000
2,276,0001,540,0001,262,8901,836,210592,750678,3800
       Long-term Assets Other 
0
982,570
973,810
177,120
260,230
306,000
200,000
200,000306,000260,230177,120973,810982,5700
> Total Liabilities 
0
836,730
667,580
1,867,200
2,437,260
2,115,000
3,852,000
3,852,0002,115,0002,437,2601,867,200667,580836,7300
   > Total Current Liabilities 
405,570
505,290
489,320
1,431,660
2,135,670
1,731,000
3,344,000
3,344,0001,731,0002,135,6701,431,660489,320505,290405,570
       Short-term Debt 
0
53,620
55,550
60,260
10,590
33,000
330,000
330,00033,00010,59060,26055,55053,6200
       Short Long Term Debt 
0
0
0
0
0
0
304,000
304,000000000
       Accounts payable 
240,160
234,930
249,240
689,840
640,150
499,000
767,000
767,000499,000640,150689,840249,240234,930240,160
       Other Current Liabilities 
124,480
173,130
172,940
791,820
297,160
404,000
737,000
737,000404,000297,160791,820172,940173,130124,480
   > Long-term Liabilities 
0
331,440
178,260
435,540
301,590
384,000
508,000
508,000384,000301,590435,540178,260331,4400
       Capital Lease Obligations Min Short Term Debt
0
82,830
38,000
20,100
2,460
10,000
-252,000
-252,00010,0002,46020,10038,00082,8300
> Total Stockholder Equity
0
3,518,160
4,079,240
5,071,410
6,581,760
10,413,000
11,049,000
11,049,00010,413,0006,581,7605,071,4104,079,2403,518,1600
   Common Stock
19,890
107,890
109,890
111,990
121,810
130,000
265,000
265,000130,000121,810111,990109,890107,89019,890
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 
0
0
0
1,304,560
682,330
759,000
807,000
807,000759,000682,3301,304,560000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
28,580
1,637,700
2,102,300
1,833,030
3,618,500
8,234,000
-1,615,000
-1,615,0008,234,0003,618,5001,833,0302,102,3001,637,70028,580



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue10,910,000
Cost of Revenue-4,509,000
Gross Profit6,401,0006,401,000
 
Operating Income (+$)
Gross Profit6,401,000
Operating Expense-5,875,000
Operating Income532,000526,000
 
Operating Expense (+$)
Research Development22,000
Selling General Administrative2,399,000
Selling And Marketing Expenses2,399,000
Operating Expense5,875,0004,820,000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-47,000
Other Finance Cost-0
Net Interest Income-47,000
 
Pretax Income (+$)
Operating Income532,000
Net Interest Income-47,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)888,000176,000
EBIT - interestExpense = 974,000
648,000
441,000
Interest Expense47,000
Earnings Before Interest and Taxes (EBIT)1,021,000935,000
Earnings Before Interest and Taxes (EBITDA)1,592,000
 
After tax Income (+$)
Income Before Tax888,000
Tax Provision-254,000
Net Income From Continuing Ops634,000634,000
Net Income394,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses10,384,000
Total Other Income/Expenses Net356,00047,000
 

Technical Analysis of Nazara
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 Nazara. The general trend of Nazara is BEARISH with 57.1% 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 Nazara'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 (-57.1%) Bearish trend (57.1%)
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 Nazara Technologies Limited.

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

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

The bullish price targets are: 778.05 < 830.10 < 916.85.

The bearish price targets are: 620.00 > 619.50 > 606.25.

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Nazara Technologies Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Nazara Technologies Limited. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

Directionalities and relatives.

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

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

Nazara Technologies Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nazara Technologies Limited. The current macd is -34.94151427.

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

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Nazara Technologies Limited. The current adx is 35.79.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Nazara shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Nazara Technologies Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Nazara Technologies Limited. The current sar is 628.20.

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
Nazara Technologies Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Nazara Technologies Limited. The current rsi is 36.39. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Nazara Technologies Limited Daily Relative Strength Index (RSI) ChartNazara Technologies Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Nazara Technologies Limited. The current phase is Correction in bear 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 Nazara price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Nazara Technologies Limited Daily Stochastic Oscillator ChartNazara Technologies Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Nazara Technologies Limited. The current cci is -52.43765035.

Nazara Technologies Limited Daily Commodity Channel Index (CCI) ChartNazara Technologies Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nazara Technologies Limited. The current cmo is -20.62272576.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Nazara Technologies Limited Daily Chande Momentum Oscillator (CMO) ChartNazara Technologies Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Nazara Technologies Limited. The current willr is -46.40625.

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 Nazara is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Nazara Technologies Limited Daily Williams %R ChartNazara Technologies Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Nazara Technologies Limited.

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

Score

Let's take a look at the Average True Range (ATR) of Nazara Technologies Limited. The current atr is 27.05.

Nazara Technologies Limited Daily Average True Range (ATR) ChartNazara Technologies Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Nazara Technologies Limited. The current obv is 69,843,786.

Nazara Technologies Limited Daily On-Balance Volume (OBV) ChartNazara Technologies Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Nazara Technologies Limited. The current mfi is 33.18.

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

  • MFI < 50: -1
Nazara Technologies Limited Daily Money Flow Index (MFI) ChartNazara Technologies Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nazara Technologies Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17MACD 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.
2023-11-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25DMI 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
2024-01-29DMI 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
2024-01-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08DMI 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
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Nazara Technologies Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.386
Ma 20Greater thanMa 50691.270
Ma 50Greater thanMa 100793.953
Ma 100Greater thanMa 200816.082
OpenGreater thanClose661.400
Total1/5 (20.0%)
Penke

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