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Nickel Industries Limited
Buy, Hold or Sell?

Let's analyse Nickel Industries Limited together

PenkeI guess you are interested in Nickel Industries 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 Nickel Industries 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 Nickel Industries Limited (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.09
When do you have the money?
1 year
How often do you get paid?
66.7%

What is your share worth?

Current worth
A$0.65
Expected worth in 1 year
A$1.33
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
A$0.83
Return On Investment
118.1%

For what price can you sell your share?

Current Price per Share
A$0.71
Expected price per share
A$0.52273928571429 - A$0.80772931034483
How sure are you?
50%
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1. Valuation of Nickel Industries Limited (5 min.)




Live pricePrice per Share (EOD)

A$0.71

Intrinsic Value Per Share

A$0.88 - A$1.60

Total Value Per Share

A$1.52 - A$2.25

2. Growth of Nickel Industries Limited (5 min.)




Is Nickel Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$1.8b$1.3b$484.6m26.7%

How much money is Nickel Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$158.9m$137.9m$21m13.2%
Net Profit Margin13.1%21.4%--

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

3. Financial Health of Nickel Industries Limited (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#44 / 912

Most Revenue
#41 / 912

Most Profit
#26 / 912
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What can you expect buying and holding a share of Nickel Industries Limited? (5 min.)

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

What can you expect buying and holding a share of Nickel Industries Limited?

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

Speculation

The Price per Share of Nickel Industries Limited is A$0.705. 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 Nickel Industries Limited.
  • 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 Nickel Industries Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.65. Based on the TTM, the Book Value Change Per Share is A$0.17 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.09 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nickel Industries Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.045.3%0.045.3%0.034.6%0.033.9%0.012.1%
Usd Book Value Change Per Share0.1116.0%0.1116.0%0.068.1%0.0811.5%0.056.7%
Usd Dividend Per Share0.023.3%0.023.3%0.022.5%0.011.5%0.010.9%
Usd Total Gains Per Share0.1419.4%0.1419.4%0.0710.6%0.0913.0%0.057.5%
Usd Price Per Share0.64-0.64-0.94-0.58-0.32-
Price to Earnings Ratio17.16-17.16-29.16-20.42-11.34-
Price-to-Total Gains Ratio4.66-4.66-12.62-2.84-2.84-
Price to Book Ratio1.50-1.50-3.02-2.57-1.43-
Price-to-Total Gains Ratio4.66-4.66-12.62-2.84-2.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.4626915
Number of shares2161
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.110.08
Usd Total Gains Per Share0.140.09
Gains per Quarter (2161 shares)295.22198.02
Gains per Year (2161 shares)1,180.87792.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1203977117190702782
24071955235217914051574
36102932353326921072366
48143910471435928103158
510174887589544835123950
612205865707653842144742
714246842825762849175534
816277820943871756196326
9183187971061980763227118
10203497751180089770247910

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%5.00.00.0100.0%5.04.00.055.6%5.04.00.055.6%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.03.00.066.7%6.03.00.066.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.03.066.7%6.00.03.066.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.03.00.066.7%6.03.00.066.7%
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Fundamentals of Nickel Industries Limited

About Nickel Industries Limited

Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. It holds an 80% interest in the Hengjaya Mine that covers an area of 5,983 hectares located in the Morowali Regency of Central Sulawesi; 80% interest in the Ranger Nickel project; 80% interest in the Angel Nickel project; and 70% interest in the Oracle Nickel project. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. Nickel Industries Limited was incorporated in 2007 and is based in Sydney, Australia.

Fundamental data was last updated by Penke on 2024-02-18 16:09:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient 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 underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Nickel Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nickel Industries Limited earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Nickel Industries Limited to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 13.1% means that $0.13 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nickel Industries Limited:

  • The MRQ is 13.1%. The company is making a huge profit. +2
  • The TTM is 13.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.1%TTM13.1%0.0%
TTM13.1%YOY21.4%-8.3%
TTM13.1%5Y37.7%-24.7%
5Y37.7%10Y-175.0%+212.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ13.1%-49.2%+62.3%
TTM13.1%-48.3%+61.4%
YOY21.4%-48.4%+69.8%
5Y37.7%-262.4%+300.1%
10Y-175.0%-714.9%+539.9%
1.1.2. Return on Assets

Shows how efficient Nickel Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nickel Industries Limited to the Other Industrial Metals & Mining industry mean.
  • 5.9% Return on Assets means that Nickel Industries Limited generated $0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nickel Industries Limited:

  • The MRQ is 5.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.9%TTM5.9%0.0%
TTM5.9%YOY7.7%-1.7%
TTM5.9%5Y8.2%-2.2%
5Y8.2%10Y0.6%+7.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ5.9%-7.3%+13.2%
TTM5.9%-7.6%+13.5%
YOY7.7%-6.5%+14.2%
5Y8.2%-10.2%+18.4%
10Y0.6%-14.0%+14.6%
1.1.3. Return on Equity

Shows how efficient Nickel Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nickel Industries Limited to the Other Industrial Metals & Mining industry mean.
  • 12.2% Return on Equity means Nickel Industries Limited generated $0.12 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nickel Industries Limited:

  • The MRQ is 12.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.2%TTM12.2%0.0%
TTM12.2%YOY13.4%-1.2%
TTM12.2%5Y11.0%+1.2%
5Y11.0%10Y-6.8%+17.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ12.2%-7.6%+19.8%
TTM12.2%-8.2%+20.4%
YOY13.4%-6.8%+20.2%
5Y11.0%-10.8%+21.8%
10Y-6.8%-15.0%+8.2%
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1.2. Operating Efficiency of Nickel Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nickel Industries Limited is operating .

  • Measures how much profit Nickel Industries Limited 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 Nickel Industries Limited to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 20.6% means the company generated $0.21  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nickel Industries Limited:

  • The MRQ is 20.6%. The company is operating efficient. +1
  • The TTM is 20.6%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ20.6%TTM20.6%0.0%
TTM20.6%YOY30.0%-9.4%
TTM20.6%5Y51.9%-31.3%
5Y51.9%10Y19.6%+32.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ20.6%-322.0%+342.6%
TTM20.6%-52.9%+73.5%
YOY30.0%-53.0%+83.0%
5Y51.9%-262.2%+314.1%
10Y19.6%-621.0%+640.6%
1.2.2. Operating Ratio

Measures how efficient Nickel Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.79 means that the operating costs are $0.79 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Nickel Industries Limited:

  • The MRQ is 0.788. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.788. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.788TTM0.7880.000
TTM0.788YOY0.700+0.088
TTM0.7885Y0.984-0.196
5Y0.98410Y1.578-0.594
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7881.960-1.172
TTM0.7881.921-1.133
YOY0.7002.249-1.549
5Y0.9844.385-3.401
10Y1.5787.932-6.354
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1.3. Liquidity of Nickel Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nickel Industries Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 3.05 means the company has $3.05 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Nickel Industries Limited:

  • The MRQ is 3.050. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.050. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.050TTM3.0500.000
TTM3.050YOY5.217-2.167
TTM3.0505Y4.682-1.632
5Y4.68210Y2.724+1.958
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0502.399+0.651
TTM3.0502.625+0.425
YOY5.2173.519+1.698
5Y4.6824.133+0.549
10Y2.7244.665-1.941
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nickel Industries Limited to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 1.83 means the company can pay off $1.83 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nickel Industries Limited:

  • The MRQ is 1.832. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.832. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.832TTM1.8320.000
TTM1.832YOY3.562-1.730
TTM1.8325Y3.486-1.654
5Y3.48610Y1.992+1.494
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8320.902+0.930
TTM1.8320.838+0.994
YOY3.5621.011+2.551
5Y3.4861.299+2.187
10Y1.9921.442+0.550
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1.4. Solvency of Nickel Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nickel Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nickel Industries Limited to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.32 means that Nickel Industries Limited assets are financed with 32.1% credit (debt) and the remaining percentage (100% - 32.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nickel Industries Limited:

  • The MRQ is 0.321. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.321. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.321TTM0.3210.000
TTM0.321YOY0.262+0.059
TTM0.3215Y0.274+0.047
5Y0.27410Y0.462-0.187
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3210.180+0.141
TTM0.3210.185+0.136
YOY0.2620.151+0.111
5Y0.2740.208+0.066
10Y0.4620.245+0.217
1.4.2. Debt to Equity Ratio

Measures if Nickel Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nickel Industries Limited to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 66.1% means that company has $0.66 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nickel Industries Limited:

  • The MRQ is 0.661. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.661. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.661TTM0.6610.000
TTM0.661YOY0.460+0.201
TTM0.6615Y0.476+0.185
5Y0.47610Y1.570-1.095
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6610.174+0.487
TTM0.6610.190+0.471
YOY0.4600.155+0.305
5Y0.4760.225+0.251
10Y1.5700.245+1.325
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2. Market Valuation of Nickel Industries 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 Nickel Industries Limited generates.

  • Above 15 is considered overpriced but always compare Nickel Industries Limited to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of 17.16 means the investor is paying $17.16 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nickel Industries Limited:

  • The EOD is 12.473. Based on the earnings, the company is underpriced. +1
  • The MRQ is 17.162. Based on the earnings, the company is fair priced.
  • The TTM is 17.162. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD12.473MRQ17.162-4.689
MRQ17.162TTM17.1620.000
TTM17.162YOY29.160-11.998
TTM17.1625Y20.420-3.258
5Y20.42010Y11.344+9.075
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD12.473-3.743+16.216
MRQ17.162-5.346+22.508
TTM17.162-5.799+22.961
YOY29.160-8.550+37.710
5Y20.420-10.470+30.890
10Y11.344-11.421+22.765
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 9.173. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 12.621. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 12.621. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.173MRQ12.621-3.448
MRQ12.621TTM12.6210.000
TTM12.621YOY22.037-9.416
TTM12.6215Y23.034-10.413
5Y23.03410Y12.797+10.237
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD9.173-4.277+13.450
MRQ12.621-5.877+18.498
TTM12.621-6.772+19.393
YOY22.037-9.002+31.039
5Y23.034-13.204+36.238
10Y12.797-14.428+27.225
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.50 means the investor is paying $1.50 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Nickel Industries Limited:

  • The EOD is 1.093. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.504. Based on the equity, the company is underpriced. +1
  • The TTM is 1.504. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.093MRQ1.504-0.411
MRQ1.504TTM1.5040.000
TTM1.504YOY3.024-1.521
TTM1.5045Y2.570-1.066
5Y2.57010Y1.428+1.142
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.0931.126-0.033
MRQ1.5041.559-0.055
TTM1.5041.598-0.094
YOY3.0242.281+0.743
5Y2.5702.401+0.169
10Y1.4282.922-1.494
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Nickel Industries Limited.

3.1. Funds holding Nickel Industries Limited

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2020-10-31Invesco Oppenheimer Gold & Special Minerals Fund, Inc.1.43-36021112--
2020-10-31Vanguard International Stock Index-Total Intl Stock Indx0.45-11366157--
2020-12-31Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.32-7965895--
2021-02-28iShares Core MSCI EAFE ETF0.18000001-4480984--
2021-02-28iShares MSCI EAFE Small Cap ETF0.17-4374260--
2021-02-28Fidelity Global Commodity Stock Fund0.16-4050550--
2020-10-31Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index0.11-2748268--
2021-02-28WisdomTree Tr-WisdomTree International Small Cap Dividend Fd0.08-1930373--
2020-11-30Schwab Strategic Tr-Schwab International Small Cap Equity ETF0.059999997-1442829--
2021-01-31Schwab Capital Trust-Laudus International Market Masters Fund0.059999997-1392777--
Total 3.02000000407577320500.0%
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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Nickel Industries 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--0.1720.1720%0.087+99%0.124+39%0.072+140%
Book Value Per Share--0.6450.6450%0.473+36%0.377+71%0.213+203%
Current Ratio--3.0503.0500%5.217-42%4.682-35%2.724+12%
Debt To Asset Ratio--0.3210.3210%0.262+22%0.274+17%0.462-30%
Debt To Equity Ratio--0.6610.6610%0.460+44%0.476+39%1.570-58%
Dividend Per Share--0.0360.0360%0.027+34%0.016+127%0.009+282%
Eps--0.0570.0570%0.049+15%0.042+36%0.023+149%
Free Cash Flow Per Share--0.0770.0770%0.065+18%0.039+99%0.021+268%
Free Cash Flow To Equity Per Share--0.2100.2100%0.135+55%0.114+83%0.065+220%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1.605--------
Intrinsic Value_10Y_min--0.876--------
Intrinsic Value_1Y_max--0.085--------
Intrinsic Value_1Y_min--0.052--------
Intrinsic Value_3Y_max--0.314--------
Intrinsic Value_3Y_min--0.187--------
Intrinsic Value_5Y_max--0.611--------
Intrinsic Value_5Y_min--0.357--------
Market Cap3021495993.600-38%4157235622.4004157235622.4000%6128708185.600-32%3792941779.200+10%2107189877.333+97%
Net Profit Margin--0.1310.1310%0.214-39%0.377-65%-1.750+1440%
Operating Margin--0.2060.2060%0.300-31%0.519-60%0.196+5%
Operating Ratio--0.7880.7880%0.700+13%0.984-20%1.578-50%
Pb Ratio1.093-38%1.5041.5040%3.024-50%2.570-41%1.428+5%
Pe Ratio12.473-38%17.16217.1620%29.160-41%20.420-16%11.344+51%
Price Per Share0.705-38%0.9700.9700%1.430-32%0.885+10%0.492+97%
Price To Free Cash Flow Ratio9.173-38%12.62112.6210%22.037-43%23.034-45%12.797-1%
Price To Total Gains Ratio3.387-38%4.6604.6600%12.618-63%2.837+64%2.837+64%
Quick Ratio--1.8321.8320%3.562-49%3.486-47%1.992-8%
Return On Assets--0.0590.0590%0.077-22%0.082-27%0.006+981%
Return On Equity--0.1220.1220%0.134-9%0.110+11%-0.068+155%
Total Gains Per Share--0.2080.2080%0.113+84%0.140+49%0.081+157%
Usd Book Value--1814552258.6871814552258.6870%1329917770.921+36%1061327283.447+71%598682686.503+203%
Usd Book Value Change Per Share--0.1130.1130%0.057+99%0.081+39%0.047+140%
Usd Book Value Per Share--0.4230.4230%0.310+36%0.248+71%0.140+203%
Usd Dividend Per Share--0.0240.0240%0.018+34%0.010+127%0.006+282%
Usd Eps--0.0370.0370%0.032+15%0.027+36%0.015+149%
Usd Free Cash Flow--216185020.753216185020.7530%182527022.688+18%108619175.147+99%58725886.774+268%
Usd Free Cash Flow Per Share--0.0500.0500%0.043+18%0.025+99%0.014+268%
Usd Free Cash Flow To Equity Per Share--0.1380.1380%0.089+55%0.075+83%0.043+220%
Usd Market Cap1983007820.600-38%2728393738.9812728393738.9810%4022271182.209-32%2489307689.689+10%1382948716.494+97%
Usd Price Per Share0.463-38%0.6370.6370%0.939-32%0.581+10%0.323+97%
Usd Profit--158979662.199158979662.1990%137939511.517+15%114529912.022+39%62266321.922+155%
Usd Revenue--1217047065.4501217047065.4500%645938422.983+88%537495592.396+126%301598559.773+304%
Usd Total Gains Per Share--0.1370.1370%0.074+84%0.092+49%0.053+157%
 EOD+4 -4MRQTTM+0 -0YOY+22 -135Y+27 -810Y+31 -4

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.473
Price to Book Ratio (EOD)Between0-11.093
Net Profit Margin (MRQ)Greater than00.131
Operating Margin (MRQ)Greater than00.206
Quick Ratio (MRQ)Greater than11.832
Current Ratio (MRQ)Greater than13.050
Debt to Asset Ratio (MRQ)Less than10.321
Debt to Equity Ratio (MRQ)Less than10.661
Return on Equity (MRQ)Greater than0.150.122
Return on Assets (MRQ)Greater than0.050.059
Total8/10 (80.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.800
Ma 20Greater thanMa 500.681
Ma 50Greater thanMa 1000.650
Ma 100Greater thanMa 2000.693
OpenGreater thanClose0.705
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets2,672,520
Total Liabilities857,975
Total Stockholder Equity1,298,619
 As reported
Total Liabilities 857,975
Total Stockholder Equity+ 1,298,619
Total Assets = 2,672,520

Assets

Total Assets2,672,520
Total Current Assets632,499
Long-term Assets2,040,021
Total Current Assets
Cash And Cash Equivalents 144,242
Net Receivables 235,618
Inventory 204,845
Other Current Assets 47,794
Total Current Assets  (as reported)632,499
Total Current Assets  (calculated)632,499
+/- 0
Long-term Assets
Property Plant Equipment 1,922,109
Goodwill 102,748
Long-term Assets Other 15,163
Long-term Assets  (as reported)2,040,021
Long-term Assets  (calculated)2,040,021
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities207,377
Long-term Liabilities650,599
Total Stockholder Equity1,298,619
Total Current Liabilities
Short-term Debt 7,773
Short Long Term Debt 7,773
Accounts payable 170,069
Other Current Liabilities 29,535
Total Current Liabilities  (as reported)207,377
Total Current Liabilities  (calculated)215,149
+/- 7,773
Long-term Liabilities
Long term Debt Total 551,515
Other Liabilities 99,083
Long-term Liabilities  (as reported)650,599
Long-term Liabilities  (calculated)650,599
+/-0
Total Stockholder Equity
Common Stock942,443
Retained Earnings 337,032
Other Stockholders Equity 19,145
Total Stockholder Equity (as reported)1,298,619
Total Stockholder Equity (calculated)1,298,619
+/-0
Other
Capital Stock942,443
Cash And Equivalents144,242
Cash and Short Term Investments 144,242
Common Stock Shares Outstanding 2,681,508
Liabilities and Stockholders Equity 2,672,520
Net Debt 415,046
Net Invested Capital 1,857,907
Net Tangible Assets 1,195,871
Net Working Capital 425,122
Property Plant and Equipment Gross 2,088,545
Short Long Term Debt Total 559,288



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
28,175
28,095
27,940
79,421
758,497
897,497
1,234,677
1,802,619
2,672,520
2,672,5201,802,6191,234,677897,497758,49779,42127,94028,09528,175
   > Total Current Assets 
2,028
1,620
1,664
2,551
154,291
204,561
538,640
385,161
632,499
632,499385,161538,640204,561154,2912,5511,6641,6202,028
       Cash And Cash Equivalents 
424
218
279
807
49,003
49,820
351,445
137,862
144,242
144,242137,862351,44549,82049,003807279218424
       Net Receivables 
224
832
289
387
43,666
97,209
117,759
125,094
235,618
235,618125,094117,75997,20943,666387289832224
       Inventory 
1,046
430
959
589
8,917
56,239
61,285
106,997
204,845
204,845106,99761,28556,2398,9175899594301,046
       Other Current Assets 
297
138
74
500
4,994
0
8,151
15,208
47,794
47,79415,2088,15104,99450074138297
   > Long-term Assets 
0
0
0
0
604,206
0
696,037
1,417,457
2,040,021
2,040,0211,417,457696,0370604,2060000
       Property Plant Equipment 
26,147
26,475
26,276
26,628
340,090
628,517
600,764
1,296,282
1,922,109
1,922,1091,296,282600,764628,517340,09026,62826,27626,47526,147
       Goodwill 
0
0
0
0
29,219
55,405
55,405
77,982
102,748
102,74877,98255,40555,40529,2190000
       Long Term Investments 
0
0
0
50,000
71,240
0
0
0
0
000071,24050,000000
       Other Assets 
0
0
0
242
4,459
9,014
0
43,193
9,663
9,66343,19309,0144,459242000
> Total Liabilities 
22,914
24,716
28,308
6,184
110,035
470,031
148,448
472,707
857,975
857,975472,707148,448470,031110,0356,18428,30824,71622,914
   > Total Current Liabilities 
8,853
10,788
18,337
3,991
67,348
58,138
57,709
73,829
207,377
207,37773,82957,70958,13867,3483,99118,33710,7888,853
       Short-term Debt 
1,119
1,227
5,381
0
4,180
4,333
12,857
9,284
7,773
7,7739,28412,8574,3334,18005,3811,2271,119
       Short Long Term Debt 
0
0
5,381
0
5,961
4,333
16,693
9,284
7,773
7,7739,28416,6934,3335,96105,38100
       Accounts payable 
0
4,452
4,516
2,533
39,228
50,156
33,633
49,759
170,069
170,06949,75933,63350,15639,2282,5334,5164,4520
       Other Current Liabilities 
0
3,307
3,172
657
23,939
1,497
11,219
14,786
29,535
29,53514,78611,2191,49723,9396573,1723,3070
   > Long-term Liabilities 
0
0
0
0
42,687
0
90,739
398,878
650,599
650,599398,87890,739042,6870000
       Long term Debt Total 
11,751
12,051
8,151
0
0
60,667
32,143
318,322
551,515
551,515318,32232,14360,667008,15112,05111,751
       Other Liabilities 
0
448
297
285
29,936
56,573
58,596
80,555
99,083
99,08380,55558,59656,57329,9362852974480
> Total Stockholder Equity
5,260
3,379
-368
73,237
-143,214
427,465
940,061
1,028,446
1,298,619
1,298,6191,028,446940,061427,465-143,21473,237-3683,3795,260
   Common Stock
25,699
26,103
26,188
103,105
275,938
315,501
732,929
732,929
942,443
942,443732,929732,929315,501275,938103,10526,18826,10325,699
   Retained Earnings 
-19,843
-22,129
-25,961
-29,272
36,254
92,758
187,927
250,777
337,032
337,032250,777187,92792,75836,254-29,272-25,961-22,129-19,843
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 
-596
-596
-595
-595
-454,767
19,207
19,205
44,739
19,145
19,14544,73919,20519,207-454,767-595-595-596-596



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue1,217,042
Cost of Revenue-856,618
Gross Profit360,424360,424
 
Operating Income (+$)
Gross Profit360,424
Operating Expense-101,946
Operating Income250,814258,478
 
Operating Expense (+$)
Research Development0
Selling General Administrative9,289
Selling And Marketing Expenses0
Operating Expense101,9469,289
 
Net Interest Income (+$)
Interest Income1,008
Interest Expense-33,768
Other Finance Cost-0
Net Interest Income-32,760
 
Pretax Income (+$)
Operating Income250,814
Net Interest Income-32,760
Other Non-Operating Income Expenses0
Income Before Tax (EBT)217,046284,582
EBIT - interestExpense = 217,046
166,657
192,747
Interest Expense33,768
Earnings Before Interest and Taxes (EBIT)250,814250,814
Earnings Before Interest and Taxes (EBITDA)317,412
 
After tax Income (+$)
Income Before Tax217,046
Tax Provision-7,678
Net Income From Continuing Ops209,368209,368
Net Income158,979
Net Income Applicable To Common Shares158,979
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses958,564
Total Other Income/Expenses Net-33,76832,760
 

Technical Analysis of Nickel Industries Limited
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 Nickel Industries Limited. The general trend of Nickel Industries Limited is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nickel Industries Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Nickel Industries 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: 0.77917924528302 < 0.80344 < 0.80772931034483.

The bearish price targets are: 0.6225 > 0.52273928571429.

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Nickel Industries 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 Nickel Industries Limited. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Nickel Industries 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 Nickel Industries Limited. The current macd is 0.00949089.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nickel Industries Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nickel Industries Limited. 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 Nickel Industries Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Nickel Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartNickel Industries 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 Nickel Industries Limited. The current adx is 18.72.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Nickel Industries Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Nickel Industries 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 Nickel Industries Limited. The current sar is 0.73330231.

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
Nickel Industries Limited Daily Parabolic SAR Chart
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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 Nickel Industries Limited. The current rsi is 58.80. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Nickel Industries Limited Daily Relative Strength Index (RSI) ChartNickel Industries 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 Nickel Industries Limited. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Nickel Industries Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Nickel Industries Limited Daily Stochastic Oscillator ChartNickel Industries 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 Nickel Industries Limited. The current cci is 59.56.

Nickel Industries Limited Daily Commodity Channel Index (CCI) ChartNickel Industries 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 Nickel Industries Limited. The current cmo is 25.47.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Nickel Industries Limited Daily Chande Momentum Oscillator (CMO) ChartNickel Industries 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 Nickel Industries Limited. The current willr is -19.51219512.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Nickel Industries Limited Daily Williams %R ChartNickel Industries Limited Daily Williams %R Chart
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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 Nickel Industries Limited.

Nickel Industries 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 Nickel Industries Limited. The current atr is 0.03333433.

Nickel Industries Limited Daily Average True Range (ATR) ChartNickel Industries Limited Daily Average True Range (ATR) Chart
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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 Nickel Industries Limited. The current obv is -913,157,222.

Nickel Industries Limited Daily On-Balance Volume (OBV) ChartNickel Industries 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 Nickel Industries Limited. The current mfi is 47.08.

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
Nickel Industries Limited Daily Money Flow Index (MFI) ChartNickel Industries Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nickel Industries 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
2023-10-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-10SAR 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-11MACD 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.
2023-10-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-10-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-10-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-10-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-10-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2023-10-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
2023-11-01SAR 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).
2023-11-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13MACD 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
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20SAR 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
2023-11-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23DMI 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).
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-29DMI 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).
2024-01-02BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-30MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12DMI 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
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-16STOCH 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).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Nickel Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.800
Ma 20Greater thanMa 500.681
Ma 50Greater thanMa 1000.650
Ma 100Greater thanMa 2000.693
OpenGreater thanClose0.705
Total2/5 (40.0%)
Penke

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