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NetSol Technologies Ltd
Buy, Hold or Sell?

Let's analyse NetSol Technologies Ltd together

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

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

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Quick analysis of NetSol Technologies Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
₨0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
₨109.39
Expected worth in 1 year
₨130.55
How sure are you?
76.5%

+ What do you gain per year?

Total Gains per Share
₨21.17
Return On Investment
17.5%

For what price can you sell your share?

Current Price per Share
₨120.71
Expected price per share
₨109.50 - ₨141.88
How sure are you?
50%

1. Valuation of NetSol Technologies Ltd (5 min.)




Live pricePrice per Share (EOD)

₨120.71

Intrinsic Value Per Share

₨-45.27 - ₨-54.32

Total Value Per Share

₨64.12 - ₨55.07

2. Growth of NetSol Technologies Ltd (5 min.)




Is NetSol Technologies Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$34.5m$28.3m$4.6m14.2%

How much money is NetSol Technologies Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1.5m$170.8k$1.4m89.2%
Net Profit Margin20.3%2.9%--

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

3. Financial Health of NetSol Technologies Ltd (5 min.)




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

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

What can you expect buying and holding a share of NetSol Technologies Ltd?

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

Speculation

The Price per Share of NetSol Technologies Ltd is ₨120.71. 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 NetSol Technologies 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 NetSol Technologies 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 ₨109.39. Based on the TTM, the Book Value Change Per Share is ₨5.29 per quarter. Based on the YOY, the Book Value Change Per Share is ₨0.27 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 ₨0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of NetSol Technologies Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.020.0%0.020.0%0.000.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.020.0%0.020.0%0.000.0%0.020.0%0.020.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.0%0.020.0%0.000.0%0.020.0%0.020.0%
Usd Price Per Share0.36-0.29-0.33-0.34-0.34-
Price to Earnings Ratio4.09-2.28-46.33-13.44-13.44-
Price-to-Total Gains Ratio17.49-5.32--197.86--26.07--26.07-
Price to Book Ratio0.91-0.78-1.03-1.04-1.04-
Price-to-Total Gains Ratio17.49-5.32--197.86--26.07--26.07-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.434556
Number of shares2301
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.02
Usd Total Gains Per Share0.020.02
Gains per Quarter (2301 shares)43.8453.30
Gains per Year (2301 shares)175.34213.21
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101751650213203
203513400426416
305265150640629
407016900853842
50877865010661055
6010521040012791268
7012271215014921481
8014031390017061694
9015781565019191907
10017531740021322120

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 Share3.01.00.075.0%9.03.00.075.0%13.04.00.076.5%13.04.00.076.5%13.04.00.076.5%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%13.04.00.076.5%13.04.00.076.5%13.04.00.076.5%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.017.00.0%0.00.017.00.0%0.00.017.00.0%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%13.04.00.076.5%13.04.00.076.5%13.04.00.076.5%

Fundamentals of NetSol Technologies Ltd

About NetSol Technologies Ltd

Financial Health

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

Valuation

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

1.1. Profitability of NetSol Technologies Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit NetSol Technologies Ltd earns for each ₨1 of revenue.

  • Above 10% is considered healthy but always compare NetSol Technologies Ltd to the Software & IT Services industry mean.
  • A Net Profit Margin of 21.5% means that ₨0.21 for each ₨1 in revenue is generated as profit.

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

  • The MRQ is 21.5%. The company is making a huge profit. +2
  • The TTM is 20.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ21.5%TTM20.3%+1.2%
TTM20.3%YOY2.9%+17.4%
TTM20.3%5Y10.1%+10.2%
5Y10.1%10Y10.1%0.0%
1.1.2. Return on Assets

Shows how efficient NetSol Technologies Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare NetSol Technologies Ltd to the Software & IT Services industry mean.
  • 4.4% Return on Assets means that NetSol Technologies Ltd generated ₨0.04 profit for each $1 in assets.

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

  • The MRQ is 4.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.4%TTM3.7%+0.7%
TTM3.7%YOY0.4%+3.3%
TTM3.7%5Y1.6%+2.1%
5Y1.6%10Y1.6%0.0%
1.1.3. Return on Equity

Shows how efficient NetSol Technologies Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare NetSol Technologies Ltd to the Software & IT Services industry mean.
  • 5.6% Return on Equity means NetSol Technologies Ltd generated ₨0.06 for each ₨1 the owners (shareholders) invested.

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

  • The MRQ is 5.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 4.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM4.7%+0.8%
TTM4.7%YOY0.6%+4.1%
TTM4.7%5Y2.1%+2.7%
5Y2.1%10Y2.1%0.0%

1.2. Operating Efficiency of NetSol Technologies Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient NetSol Technologies Ltd is operating .

  • Measures how much profit NetSol Technologies 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 NetSol Technologies Ltd to the Software & IT Services industry mean.
  • An Operating Margin of 0.0% means the company generated ₨0.00  for each ₨1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y8.4%-8.4%
5Y8.4%10Y8.4%0.0%
1.2.2. Operating Ratio

Measures how efficient NetSol Technologies Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software & IT Services industry mean).
  • An Operation Ratio of 1.29 means that the operating costs are ₨1.29 for each ₨1 in net sales.

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

  • The MRQ is 1.288. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.568. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.288TTM1.568-0.280
TTM1.568YOY1.808-0.240
TTM1.5685Y1.653-0.085
5Y1.65310Y1.6530.000

1.3. Liquidity of NetSol Technologies Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if NetSol Technologies Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software & IT Services industry mean).
  • A Current Ratio of 4.17 means the company has ₨4.17 in assets for each ₨1 in short-term debts.

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

  • The MRQ is 4.175. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.650. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.175TTM3.650+0.525
TTM3.650YOY3.234+0.415
TTM3.6505Y3.269+0.381
5Y3.26910Y3.2690.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare NetSol Technologies Ltd to the Software & IT Services industry mean.
  • A Quick Ratio of 1.71 means the company can pay off ₨1.71 for each ₨1 in debt (using most liquid assets).

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

  • The MRQ is 1.707. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.598. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.707TTM1.598+0.109
TTM1.598YOY1.018+0.580
TTM1.5985Y1.136+0.462
5Y1.13610Y1.1360.000

1.4. Solvency of NetSol Technologies Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of NetSol Technologies Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare NetSol Technologies Ltd to Software & IT Services industry mean.
  • A Debt to Asset Ratio of 0.21 means that NetSol Technologies Ltd assets are financed with 21.5% credit (debt) and the remaining percentage (100% - 21.5%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.215. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.247. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.215TTM0.247-0.032
TTM0.247YOY0.257-0.010
TTM0.2475Y0.244+0.003
5Y0.24410Y0.2440.000
1.4.2. Debt to Equity Ratio

Measures if NetSol Technologies Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare NetSol Technologies Ltd to the Software & IT Services industry mean.
  • A Debt to Equity ratio of 27.4% means that company has ₨0.27 debt for each ₨1 in shareholders equity.

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

  • The MRQ is 0.274. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.330. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.274TTM0.330-0.056
TTM0.330YOY0.347-0.017
TTM0.3305Y0.325+0.005
5Y0.32510Y0.3250.000

2. Market Valuation of NetSol Technologies 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 NetSol Technologies Ltd generates.

  • Above 15 is considered overpriced but always compare NetSol Technologies Ltd to the Software & IT Services industry mean.
  • A PE ratio of 4.09 means the investor is paying ₨4.09 for every ₨1 in earnings.

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

  • The EOD is 4.963. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.090. Based on the earnings, the company is cheap. +2
  • The TTM is 2.280. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.963MRQ4.090+0.873
MRQ4.090TTM2.280+1.810
TTM2.280YOY46.334-44.054
TTM2.2805Y13.435-11.155
5Y13.43510Y13.4350.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -5.317. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.382. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.672. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.317MRQ-4.382-0.936
MRQ-4.382TTM-13.672+9.290
TTM-13.672YOY-3.120-10.552
TTM-13.6725Y-10.730-2.942
5Y-10.73010Y-10.7300.000
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software & IT Services industry mean).
  • A PB ratio of 0.91 means the investor is paying ₨0.91 for each ₨1 in book value.

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

  • The EOD is 1.104. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.909. Based on the equity, the company is cheap. +2
  • The TTM is 0.777. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.104MRQ0.909+0.194
MRQ0.909TTM0.777+0.132
TTM0.777YOY1.032-0.255
TTM0.7775Y1.042-0.265
5Y1.04210Y1.0420.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of NetSol Technologies 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--5.6865.292+7%0.267+2032%6.435-12%6.435-12%
Book Value Per Share--109.388104.465+5%89.119+23%78.118+40%78.118+40%
Current Ratio--4.1753.650+14%3.234+29%3.269+28%3.269+28%
Debt To Asset Ratio--0.2150.247-13%0.257-17%0.244-12%0.244-12%
Debt To Equity Ratio--0.2740.330-17%0.347-21%0.325-16%0.325-16%
Dividend Per Share----0%-0%-0%-0%
Eps--6.0814.999+22%0.531+1045%1.834+232%1.834+232%
Free Cash Flow Per Share---5.676-0.207-96%-1.496-74%-0.442-92%-0.442-92%
Free Cash Flow To Equity Per Share---5.676-0.207-96%-1.496-74%-0.442-92%-0.442-92%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---54.320--------
Intrinsic Value_10Y_min---45.268--------
Intrinsic Value_1Y_max---1.225--------
Intrinsic Value_1Y_min---1.201--------
Intrinsic Value_3Y_max---6.895--------
Intrinsic Value_3Y_min---6.518--------
Intrinsic Value_5Y_max---16.441--------
Intrinsic Value_5Y_min---14.983--------
Market Cap--8737138730.8107148607978.355+22%8123906916.000+8%7924281384.253+10%7924281384.253+10%
Net Profit Margin--0.2150.203+6%0.029+652%0.101+113%0.101+113%
Operating Margin----0%-0%0.084-100%0.084-100%
Operating Ratio--1.2881.568-18%1.808-29%1.653-22%1.653-22%
Pb Ratio1.104+18%0.9090.777+17%1.032-12%1.042-13%1.042-13%
Pe Ratio4.963+18%4.0902.280+79%46.334-91%13.435-70%13.435-70%
Price Per Share120.710+18%99.47081.385+22%92.000+8%95.352+4%95.352+4%
Price To Free Cash Flow Ratio-5.317-21%-4.382-13.672+212%-3.120-29%-10.730+145%-10.730+145%
Price To Total Gains Ratio21.230+18%17.4955.318+229%-197.864+1231%-26.066+249%-26.066+249%
Quick Ratio--1.7071.598+7%1.018+68%1.136+50%1.136+50%
Return On Assets--0.0440.037+18%0.004+911%0.016+173%0.016+173%
Return On Equity--0.0560.047+18%0.006+855%0.021+168%0.021+168%
Total Gains Per Share--5.6865.292+7%0.267+2032%6.435-12%6.435-12%
Usd Book Value--34589758.28033033105.236+5%28340697.600+22%27739315.186+25%27739315.186+25%
Usd Book Value Change Per Share--0.0200.019+7%0.001+2032%0.023-12%0.023-12%
Usd Book Value Per Share--0.3940.376+5%0.321+23%0.281+40%0.281+40%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0220.018+22%0.002+1045%0.007+232%0.007+232%
Usd Free Cash Flow---1794671.496-65431.112-96%-449151.987-75%-51460.294-97%-51460.294-97%
Usd Free Cash Flow Per Share---0.020-0.001-96%-0.005-74%-0.002-92%-0.002-92%
Usd Free Cash Flow To Equity Per Share---0.020-0.001-96%-0.005-74%-0.002-92%-0.002-92%
Usd Market Cap--31453699.43125734988.722+22%29246064.898+8%28527412.983+10%28527412.983+10%
Usd Price Per Share0.435+18%0.3580.293+22%0.331+8%0.343+4%0.343+4%
Usd Profit--1922822.8131580711.743+22%170864.644+1025%623693.176+208%623693.176+208%
Usd Revenue--8948696.9188278675.997+8%5936044.910+51%5639527.012+59%5639527.012+59%
Usd Total Gains Per Share--0.0200.019+7%0.001+2032%0.023-12%0.023-12%
 EOD+3 -3MRQTTM+23 -9YOY+26 -65Y+21 -1210Y+21 -12

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.963
Price to Book Ratio (EOD)Between0-11.104
Net Profit Margin (MRQ)Greater than00.215
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.707
Current Ratio (MRQ)Greater than14.175
Debt to Asset Ratio (MRQ)Less than10.215
Debt to Equity Ratio (MRQ)Less than10.274
Return on Equity (MRQ)Greater than0.150.056
Return on Assets (MRQ)Greater than0.050.044
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.912
Ma 20Greater thanMa 50121.723
Ma 50Greater thanMa 100117.187
Ma 100Greater thanMa 200111.097
OpenGreater thanClose121.400
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets12,237,008
Total Liabilities2,628,742
Total Stockholder Equity9,608,266
 As reported
Total Liabilities 2,628,742
Total Stockholder Equity+ 9,608,266
Total Assets = 12,237,008

Assets

Total Assets12,237,008
Total Current Assets10,857,148
Long-term Assets1,379,860
Total Current Assets
Cash And Cash Equivalents 3,021,738
Net Receivables 4,439,950
Total Current Assets  (as reported)10,857,148
Total Current Assets  (calculated)7,461,687
+/- 3,395,461
Long-term Assets
Property Plant Equipment 1,378,732
Long-term Assets  (as reported)1,379,860
Long-term Assets  (calculated)1,378,732
+/- 1,127

Liabilities & Shareholders' Equity

Total Current Liabilities2,600,622
Long-term Liabilities28,120
Total Stockholder Equity9,608,266
Total Current Liabilities
Short Long Term Debt 1,580,000
Accounts payable 850,265
Total Current Liabilities  (as reported)2,600,622
Total Current Liabilities  (calculated)2,430,265
+/- 170,357
Long-term Liabilities
Long term Debt 27,835
Long-term Liabilities Other 285
Long-term Liabilities  (as reported)28,120
Long-term Liabilities  (calculated)28,120
+/-0
Total Stockholder Equity
Retained Earnings 8,328,842
Total Stockholder Equity (as reported)9,608,266
Total Stockholder Equity (calculated)8,328,842
+/- 1,279,424
Other
Capital Stock898,369
Common Stock Shares Outstanding 87,837
Net Invested Capital 11,216,101
Net Working Capital 8,256,526
Property Plant and Equipment Gross 1,378,732



Balance Sheet

Currency in PKR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-30
> Total Assets 
9,450,647
8,962,915
8,637,719
8,984,832
9,090,379
9,236,435
9,341,260
9,722,378
9,594,025
9,596,991
10,111,800
10,836,726
10,590,152
10,603,225
10,375,222
11,907,628
12,533,845
12,077,805
12,237,008
12,237,00812,077,80512,533,84511,907,62810,375,22210,603,22510,590,15210,836,72610,111,8009,596,9919,594,0259,722,3789,341,2609,236,4359,090,3798,984,8328,637,7198,962,9159,450,647
   > Total Current Assets 
6,263,232
5,878,505
5,672,155
6,158,895
6,408,079
6,631,371
6,790,226
7,206,358
7,178,695
7,331,938
7,958,335
8,718,419
8,628,223
8,626,228
8,506,964
10,188,756
10,967,596
10,634,256
10,857,148
10,857,14810,634,25610,967,59610,188,7568,506,9648,626,2288,628,2238,718,4197,958,3357,331,9387,178,6957,206,3586,790,2266,631,3716,408,0796,158,8955,672,1555,878,5056,263,232
       Cash And Cash Equivalents 
1,951,746
1,974,521
2,078,509
1,535,101
2,115,872
2,381,945
2,382,823
2,794,137
3,795,397
3,450,389
3,119,037
4,342,831
3,794,130
2,909,358
2,694,284
2,739,706
2,633,066
3,419,986
3,021,738
3,021,7383,419,9862,633,0662,739,7062,694,2842,909,3583,794,1304,342,8313,119,0373,450,3893,795,3972,794,1372,382,8232,381,9452,115,8721,535,1012,078,5091,974,5211,951,746
       Net Receivables 
2,531,603
1,619,589
1,733,325
2,685,124
2,200,933
2,100,662
2,425,324
3,002,448
1,649,836
1,725,525
1,968,491
2,275,486
2,515,750
3,134,372
2,871,381
4,405,250
5,662,696
4,366,291
4,439,950
4,439,9504,366,2915,662,6964,405,2502,871,3813,134,3722,515,7502,275,4861,968,4911,725,5251,649,8363,002,4482,425,3242,100,6622,200,9332,685,1241,733,3251,619,5892,531,603
   > Long-term Assets 
3,187,415
3,084,410
2,965,564
2,825,937
2,682,300
2,605,064
2,551,034
2,516,020
2,415,330
2,265,053
2,153,465
2,118,307
1,961,929
1,976,997
1,868,258
1,718,872
1,566,249
1,443,549
1,379,860
1,379,8601,443,5491,566,2491,718,8721,868,2581,976,9971,961,9292,118,3072,153,4652,265,0532,415,3302,516,0202,551,0342,605,0642,682,3002,825,9372,965,5643,084,4103,187,415
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,708,575
1,673,865
1,599,392
1,521,472
1,441,310
1,378,732
1,378,7321,441,3101,521,4721,599,3921,673,8651,708,5750000000000000
       Intangible Assets 
1,214,401
0
0
0
920,897
0
0
0
627,393
0
0
0
333,889
0
0
0
40,386
0
0
0040,386000333,889000627,393000920,8970001,214,401
       Long-term Assets Other 
3,187,415
3,084,410
2,965,564
2,825,937
0
0
0
0
0
0
0
0
-1,625,662
0
0
0
0
0
0
000000-1,625,662000000002,825,9372,965,5643,084,4103,187,415
> Total Liabilities 
2,131,053
1,848,710
2,019,760
2,204,432
2,182,237
2,194,744
2,167,111
2,723,864
2,478,193
2,288,266
2,282,184
2,850,587
2,792,016
2,646,842
2,626,216
2,813,981
3,641,155
2,968,958
2,628,742
2,628,7422,968,9583,641,1552,813,9812,626,2162,646,8422,792,0162,850,5872,282,1842,288,2662,478,1932,723,8642,167,1112,194,7442,182,2372,204,4322,019,7601,848,7102,131,053
   > Total Current Liabilities 
2,065,366
1,792,596
1,973,854
2,168,677
1,994,813
1,974,421
1,990,769
2,612,801
2,380,168
2,235,107
2,269,529
2,834,069
2,699,483
2,583,508
2,558,174
2,752,914
3,573,883
2,910,443
2,600,622
2,600,6222,910,4433,573,8832,752,9142,558,1742,583,5082,699,4832,834,0692,269,5292,235,1072,380,1682,612,8011,990,7691,974,4211,994,8132,168,6771,973,8541,792,5962,065,366
       Short-term Debt 
0
1,099,595
1,424,435
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,424,4351,099,5950
       Short Long Term Debt 
1,056,272
1,053,000
1,380,000
1,380,000
1,445,324
1,380,000
1,380,000
1,580,000
1,748,710
1,580,000
1,580,000
1,580,000
1,713,009
1,580,000
1,580,000
1,580,000
1,622,568
1,580,000
1,580,000
1,580,0001,580,0001,622,5681,580,0001,580,0001,580,0001,713,0091,580,0001,580,0001,580,0001,748,7101,580,0001,380,0001,380,0001,445,3241,380,0001,380,0001,053,0001,056,272
       Accounts payable 
41,680
438,039
460,027
418,991
33,332
298,471
328,420
322,486
18,633
390,121
418,131
272,526
78,412
735,866
804,173
868,241
26,648
855,276
850,265
850,265855,27626,648868,241804,173735,86678,412272,526418,131390,12118,633322,486328,420298,47133,332418,991460,027438,03941,680
   > Long-term Liabilities 
65,687
56,114
45,906
35,755
187,424
220,323
176,342
111,063
98,025
53,159
12,655
16,518
92,533
63,334
68,042
61,067
67,272
58,515
28,120
28,12058,51567,27261,06768,04263,33492,53316,51812,65553,15998,025111,063176,342220,323187,42435,75545,90656,11465,687
       Capital Lease Obligations Min Short Term Debt
99,079
-1,053,767
-1,389,141
24,915
52,706
8,079
2,537
2,415
17,913
1,806
5,955
5,171
7,719
3,409
2,374
1,617
4,326
251
0
02514,3261,6172,3743,4097,7195,1715,9551,80617,9132,4152,5378,07952,70624,915-1,389,141-1,053,76799,079
> Total Stockholder Equity
7,094,559
6,900,779
6,598,752
6,780,400
6,908,142
7,041,691
7,174,149
6,998,514
7,115,832
7,308,725
7,829,616
7,986,139
7,798,136
7,956,383
7,749,006
9,093,647
8,892,690
9,108,847
9,608,266
9,608,2669,108,8478,892,6909,093,6477,749,0067,956,3837,798,1367,986,1397,829,6167,308,7257,115,8326,998,5147,174,1497,041,6916,908,1426,780,4006,598,7526,900,7797,094,559
   Common Stock0000000000000000000
   Retained Earnings 
5,727,026
5,525,630
5,215,451
5,412,277
5,515,868
5,642,957
5,772,873
5,593,361
5,708,827
5,902,473
6,421,777
6,568,462
6,416,393
6,565,259
6,352,400
7,858,753
7,619,597
7,832,316
8,328,842
8,328,8427,832,3167,619,5977,858,7536,352,4006,565,2596,416,3936,568,4626,421,7775,902,4735,708,8275,593,3615,772,8735,642,9575,515,8685,412,2775,215,4515,525,6305,727,026
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 0000000000000000000



Balance Sheet

Currency in PKR. All numbers in thousands.




Cash Flow

Currency in PKR. All numbers in thousands.




Income Statement

Currency in PKR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue7,787,816
Cost of Revenue-5,638,203
Gross Profit2,149,6142,149,614
 
Operating Income (+$)
Gross Profit2,149,614
Operating Expense-8,324,609
Operating Income-536,793-6,174,995
 
Operating Expense (+$)
Research Development373,476
Selling General Administrative704,983
Selling And Marketing Expenses0
Operating Expense8,324,6091,078,459
 
Net Interest Income (+$)
Interest Income296,156
Interest Expense-185,974
Other Finance Cost-4,552
Net Interest Income105,631
 
Pretax Income (+$)
Operating Income-536,793
Net Interest Income105,631
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,231,285-536,793
EBIT - interestExpense = -185,974
1,038,453
1,224,426
Interest Expense185,974
Earnings Before Interest and Taxes (EBIT)01,417,258
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,231,285
Tax Provision-192,832
Net Income From Continuing Ops1,038,4531,038,453
Net Income1,038,453
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-105,631
 

Technical Analysis of NetSol Technologies 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 NetSol Technologies Ltd. The general trend of NetSol Technologies Ltd is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine NetSol Technologies 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 (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of NetSol Technologies Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 126.95 < 141.88.

The bearish price targets are: 118.51 > 117.41 > 109.50.

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NetSol Technologies 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 NetSol Technologies Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-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 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

NetSol Technologies 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 NetSol Technologies Ltd. The current macd is 0.39655264.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the NetSol Technologies Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for NetSol Technologies 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 NetSol Technologies 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
NetSol Technologies Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNetSol Technologies 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 NetSol Technologies Ltd. The current adx is 11.49.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy NetSol Technologies Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
NetSol Technologies 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 NetSol Technologies Ltd. The current sar is 125.90.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
NetSol Technologies 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 NetSol Technologies Ltd. The current rsi is 48.91. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
NetSol Technologies Ltd Daily Relative Strength Index (RSI) ChartNetSol Technologies 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 NetSol Technologies Ltd. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the NetSol Technologies Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
NetSol Technologies Ltd Daily Stochastic Oscillator ChartNetSol Technologies 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 NetSol Technologies Ltd. The current cci is -64.9011454.

NetSol Technologies Ltd Daily Commodity Channel Index (CCI) ChartNetSol Technologies 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 NetSol Technologies Ltd. The current cmo is -8.92347412.

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
NetSol Technologies Ltd Daily Chande Momentum Oscillator (CMO) ChartNetSol Technologies 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 NetSol Technologies Ltd. The current willr is -73.93364929.

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

NetSol Technologies 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 NetSol Technologies Ltd. The current atr is 4.56863429.

NetSol Technologies Ltd Daily Average True Range (ATR) ChartNetSol Technologies 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 NetSol Technologies Ltd. The current obv is 150,235,229.

NetSol Technologies Ltd Daily On-Balance Volume (OBV) ChartNetSol Technologies 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 NetSol Technologies Ltd. The current mfi is 66.97.

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
NetSol Technologies Ltd Daily Money Flow Index (MFI) ChartNetSol Technologies Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

NetSol Technologies Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.912
Ma 20Greater thanMa 50121.723
Ma 50Greater thanMa 100117.187
Ma 100Greater thanMa 200111.097
OpenGreater thanClose121.400
Total4/5 (80.0%)
Penke

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