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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$0.08
When do you have the money?
1 year
How often do you get paid?
70.0%

What is your share worth?

Current worth
A$1.04
Expected worth in 1 year
A$1.37
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
A$0.45
Return On Investment
55.9%

For what price can you sell your share?

Current Price per Share
A$0.81
Expected price per share
A$0.52273928571429 - A$0.8597
How sure are you?
50%

1. Valuation of Nickel Industries Limited (5 min.)




Live pricePrice per Share (EOD)

A$0.81

Intrinsic Value Per Share

A$0.51 - A$1.18

Total Value Per Share

A$1.55 - A$2.22

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




Is Nickel Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$2.9b$2.6b$230.8m7.9%

How much money is Nickel Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$121.5m$229.2m-$107.7m-88.6%
Net Profit Margin6.5%13.1%--

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
#27 / 897

Most Revenue
#28 / 897

Most Profit
#21 / 897

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$0.81. 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$1.04. Based on the TTM, the Book Value Change Per Share is A$0.08 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.32 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$0.03 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 Eps0.033.5%0.033.5%0.044.6%0.033.7%0.022.0%
Usd Book Value Change Per Share0.056.7%0.056.7%0.2125.6%0.1113.0%0.078.4%
Usd Dividend Per Share0.022.5%0.022.5%0.022.9%0.011.7%0.010.9%
Usd Total Gains Per Share0.079.1%0.079.1%0.2328.6%0.1214.7%0.089.3%
Usd Price Per Share0.45-0.45-0.63-0.63-0.33-
Price to Earnings Ratio15.98-15.98-17.06-21.23-11.75-
Price-to-Total Gains Ratio6.14-6.14-2.74-6.03-5.24-
Price to Book Ratio0.67-0.67-1.01-1.58-0.90-
Price-to-Total Gains Ratio6.14-6.14-2.74-6.03-5.24-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.528363
Number of shares1892
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.050.11
Usd Total Gains Per Share0.070.12
Gains per Quarter (1892 shares)139.68225.14
Gains per Year (1892 shares)558.73900.58
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1151408549103797891
2302815110820615951792
34531223166731023922693
46041631222641331893594
57552038278551639874495
69062446334461947845396
710572854390372355816297
812093261446282663797198
913603669502192971768099
10151140775580103279739000

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%6.04.00.060.0%6.04.00.060.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.03.070.0%7.00.03.070.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%

Fundamentals of Nickel Industries Limited

About Nickel Industries Limited

Nickel Industries Limited engages in nickel ore mining, nickel pig iron, and nickel matte production activities. It is also involved in the production of mixed hydroxide precipitate for use in the electric vehicle supply chain. 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 2024-03-11 10:30:03.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
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.

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 6.5% means that $0.06 for each $1 in revenue is generated as profit.

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

  • The MRQ is 6.5%. The company is making a profit. +1
  • The TTM is 6.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.5%TTM6.5%0.0%
TTM6.5%YOY13.1%-6.6%
TTM6.5%5Y16.1%-9.7%
5Y16.1%10Y-158.2%+174.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ6.5%-36.1%+42.6%
TTM6.5%-40.5%+47.0%
YOY13.1%-50.7%+63.8%
5Y16.1%-330.2%+346.3%
10Y-158.2%-750.2%+592.0%
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.
  • 3.0% Return on Assets means that Nickel Industries Limited generated $0.03 profit for each $1 in assets.

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

  • The MRQ is 3.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.0%TTM3.0%0.0%
TTM3.0%YOY5.8%-2.8%
TTM3.0%5Y7.4%-4.5%
5Y7.4%10Y1.0%+6.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0%-6.0%+9.0%
TTM3.0%-6.8%+9.8%
YOY5.8%-5.9%+11.7%
5Y7.4%-9.2%+16.6%
10Y1.0%-12.0%+13.0%
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.
  • 5.0% Return on Equity means Nickel Industries Limited generated $0.05 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 5.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.0%TTM5.0%0.0%
TTM5.0%YOY12.0%-7.0%
TTM5.0%5Y13.4%-8.4%
5Y13.4%10Y-4.9%+18.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0%-6.9%+11.9%
TTM5.0%-7.5%+12.5%
YOY12.0%-6.2%+18.2%
5Y13.4%-9.9%+23.3%
10Y-4.9%-12.8%+7.9%

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 15.6% means the company generated $0.16  for each $1 in revenue (before taxes).

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

  • The MRQ is 15.6%. The company is operating efficient. +1
  • The TTM is 15.6%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ15.6%TTM15.6%0.0%
TTM15.6%YOY22.7%-7.1%
TTM15.6%5Y26.9%-11.3%
5Y26.9%10Y16.2%+10.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ15.6%-285.5%+301.1%
TTM15.6%-46.7%+62.3%
YOY22.7%-76.4%+99.1%
5Y26.9%-361.7%+388.6%
10Y16.2%-693.1%+709.3%
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 0.85 means that the operating costs are $0.85 for each $1 in net sales.

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

  • The MRQ is 0.849. The company is less efficient in keeping operating costs low.
  • The TTM is 0.849. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.849TTM0.8490.000
TTM0.849YOY0.773+0.077
TTM0.8495Y0.732+0.117
5Y0.73210Y1.378-0.646
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8491.949-1.100
TTM0.8491.923-1.074
YOY0.7732.082-1.309
5Y0.7324.850-4.118
10Y1.3788.674-7.296

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 2.81 means the company has $2.81 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 2.814. The company is able to pay all its short-term debts. +1
  • The TTM is 2.814. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.814TTM2.8140.000
TTM2.814YOY3.050-0.236
TTM2.8145Y4.787-1.973
5Y4.78710Y2.733+2.053
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8142.373+0.441
TTM2.8142.608+0.206
YOY3.0503.429-0.379
5Y4.7874.122+0.665
10Y2.7334.619-1.886
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 3.34 means the company can pay off $3.34 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 3.336. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.336. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.336TTM3.3360.000
TTM3.336YOY1.833+1.503
TTM3.3365Y3.878-0.542
5Y3.87810Y2.127+1.751
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3360.893+2.443
TTM3.3360.856+2.480
YOY1.8331.119+0.714
5Y3.8781.324+2.554
10Y2.1271.428+0.699

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 0.29 means that Nickel Industries Limited assets are financed with 28.6% credit (debt) and the remaining percentage (100% - 28.6%) 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 0.286. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.286. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.286TTM0.2860.000
TTM0.286YOY0.321-0.035
TTM0.2865Y0.238+0.048
5Y0.23810Y0.412-0.174
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2860.192+0.094
TTM0.2860.190+0.096
YOY0.3210.151+0.170
5Y0.2380.212+0.026
10Y0.4120.238+0.174
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 48.0% means that company has $0.48 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 0.480. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.480. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.480TTM0.4800.000
TTM0.480YOY0.661-0.180
TTM0.4805Y0.436+0.044
5Y0.43610Y1.394-0.958
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4800.194+0.286
TTM0.4800.207+0.273
YOY0.6610.155+0.506
5Y0.4360.227+0.209
10Y1.3940.249+1.145

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 15.98 means the investor is paying $15.98 for every $1 in earnings.

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

  • The EOD is 18.627. Based on the earnings, the company is fair priced.
  • The MRQ is 15.982. Based on the earnings, the company is fair priced.
  • The TTM is 15.982. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD18.627MRQ15.982+2.645
MRQ15.982TTM15.9820.000
TTM15.982YOY17.061-1.079
TTM15.9825Y21.235-5.252
5Y21.23510Y11.748+9.486
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD18.627-3.757+22.384
MRQ15.982-5.001+20.983
TTM15.982-5.557+21.539
YOY17.061-8.469+25.530
5Y21.235-10.469+31.704
10Y11.748-11.327+23.075
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 13.264. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.381. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.381. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD13.264MRQ11.381+1.883
MRQ11.381TTM11.3810.000
TTM11.381YOY12.547-1.166
TTM11.3815Y43.129-31.749
5Y43.12910Y16.743+26.387
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD13.264-3.890+17.154
MRQ11.381-5.447+16.828
TTM11.381-6.302+17.683
YOY12.547-8.457+21.004
5Y43.129-12.796+55.925
10Y16.743-13.886+30.629
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 0.67 means the investor is paying $0.67 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 0.779. Based on the equity, the company is cheap. +2
  • The MRQ is 0.669. Based on the equity, the company is cheap. +2
  • The TTM is 0.669. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.779MRQ0.669+0.111
MRQ0.669TTM0.6690.000
TTM0.669YOY1.014-0.345
TTM0.6695Y1.580-0.911
5Y1.58010Y0.904+0.676
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.7791.164-0.385
MRQ0.6691.506-0.837
TTM0.6691.591-0.922
YOY1.0142.243-1.229
5Y1.5802.497-0.917
10Y0.9042.940-2.036
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%

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--0.0830.0830%0.318-74%0.162-49%0.104-21%
Book Value Per Share--1.0391.0390%0.957+9%0.701+48%0.377+176%
Current Ratio--2.8142.8140%3.050-8%4.787-41%2.733+3%
Debt To Asset Ratio--0.2860.2860%0.321-11%0.238+20%0.412-31%
Debt To Equity Ratio--0.4800.4800%0.661-27%0.436+10%1.394-66%
Dividend Per Share--0.0310.0310%0.036-15%0.021+46%0.012+165%
Eps--0.0430.0430%0.057-24%0.046-5%0.025+75%
Free Cash Flow Per Share--0.0610.0610%0.077-21%0.052+18%0.025+146%
Free Cash Flow To Equity Per Share--0.4410.4410%0.211+109%0.189+133%0.103+330%
Gross Profit Margin--1.0001.0000%0.954+5%0.980+2%0.990+1%
Intrinsic Value_10Y_max--1.176--------
Intrinsic Value_10Y_min--0.506--------
Intrinsic Value_1Y_max--0.079--------
Intrinsic Value_1Y_min--0.052--------
Intrinsic Value_3Y_max--0.267--------
Intrinsic Value_3Y_min--0.156--------
Intrinsic Value_5Y_max--0.490--------
Intrinsic Value_5Y_min--0.259--------
Market Cap3471506035.200+14%2978637894.4002978637894.4000%4157235622.400-28%4161521432.320-28%2194334679.040+36%
Net Profit Margin--0.0650.0650%0.131-50%0.161-60%-1.582+2546%
Operating Margin--0.1560.1560%0.227-31%0.269-42%0.162-4%
Operating Ratio--0.8490.8490%0.773+10%0.732+16%1.378-38%
Pb Ratio0.779+14%0.6690.6690%1.014-34%1.580-58%0.904-26%
Pe Ratio18.627+14%15.98215.9820%17.061-6%21.235-25%11.748+36%
Price Per Share0.810+14%0.6950.6950%0.970-28%0.971-28%0.512+36%
Price To Free Cash Flow Ratio13.264+14%11.38111.3810%12.547-9%43.129-74%16.743-32%
Price To Total Gains Ratio7.157+14%6.1416.1410%2.736+124%6.033+2%5.236+17%
Quick Ratio--3.3363.3360%1.833+82%3.878-14%2.127+57%
Return On Assets--0.0300.0300%0.058-49%0.074-60%0.010+203%
Return On Equity--0.0500.0500%0.120-58%0.134-63%-0.049+198%
Total Gains Per Share--0.1130.1130%0.355-68%0.182-38%0.116-2%
Usd Book Value--2906002737.2452906002737.2450%2675139158.906+9%1960066018.383+48%1053013974.252+176%
Usd Book Value Change Per Share--0.0540.0540%0.208-74%0.105-49%0.068-21%
Usd Book Value Per Share--0.6780.6780%0.624+9%0.457+48%0.246+176%
Usd Dividend Per Share--0.0200.0200%0.024-15%0.014+46%0.008+165%
Usd Eps--0.0280.0280%0.037-24%0.030-5%0.016+75%
Usd Free Cash Flow--170723780.371170723780.3710%216136573.899-21%144848588.530+18%69431901.208+146%
Usd Free Cash Flow Per Share--0.0400.0400%0.050-21%0.034+18%0.016+146%
Usd Free Cash Flow To Equity Per Share--0.2870.2870%0.137+109%0.123+133%0.067+330%
Usd Market Cap2264463386.761+14%1942965498.5171942965498.5170%2711764796.492-28%2714560430.302-28%1431364511.138+36%
Usd Price Per Share0.528+14%0.4530.4530%0.633-28%0.633-28%0.334+36%
Usd Profit--121570837.072121570837.0720%229279911.490-47%162394964.364-25%86523649.086+41%
Usd Revenue--1879691565.7671879691565.7670%1755221016.164+7%1186954540.710+58%602659882.365+212%
Usd Total Gains Per Share--0.0740.0740%0.231-68%0.119-38%0.075-2%
 EOD+4 -4MRQTTM+0 -0YOY+15 -215Y+17 -1910Y+29 -7

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)Between0-1518.627
Price to Book Ratio (EOD)Between0-10.779
Net Profit Margin (MRQ)Greater than00.065
Operating Margin (MRQ)Greater than00.156
Quick Ratio (MRQ)Greater than13.336
Current Ratio (MRQ)Greater than12.814
Debt to Asset Ratio (MRQ)Less than10.286
Debt to Equity Ratio (MRQ)Less than10.480
Return on Equity (MRQ)Greater than0.150.050
Return on Assets (MRQ)Greater than0.050.030
Total7/10 (70.0%)

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 than5058.199
Ma 20Greater thanMa 500.793
Ma 50Greater thanMa 1000.714
Ma 100Greater thanMa 2000.702
OpenGreater thanClose0.795
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets4,071,346
Total Liabilities1,164,704
Total Stockholder Equity2,425,053
 As reported
Total Liabilities 1,164,704
Total Stockholder Equity+ 2,425,053
Total Assets = 4,071,346

Assets

Total Assets4,071,346
Total Current Assets1,344,672
Long-term Assets2,726,673
Total Current Assets
Cash And Cash Equivalents 284,053
Short-term Investments 490,914
Net Receivables 328,506
Inventory 199,448
Other Current Assets 5,943
Total Current Assets  (as reported)1,344,672
Total Current Assets  (calculated)1,308,864
+/- 35,808
Long-term Assets
Property Plant Equipment 1,861,656
Goodwill 102,748
Long Term Investments 527,239
Intangible Assets 79,745
Long-term Assets Other 41,410
Long-term Assets  (as reported)2,726,673
Long-term Assets  (calculated)2,612,799
+/- 113,875

Liabilities & Shareholders' Equity

Total Current Liabilities477,882
Long-term Liabilities686,822
Total Stockholder Equity2,425,053
Total Current Liabilities
Short-term Debt 257,269
Short Long Term Debt 257,269
Accounts payable 175,627
Other Current Liabilities 44,986
Total Current Liabilities  (as reported)477,882
Total Current Liabilities  (calculated)735,152
+/- 257,269
Long-term Liabilities
Long term Debt 587,754
Long-term Liabilities Other 1,123
Long-term Liabilities  (as reported)686,822
Long-term Liabilities  (calculated)588,877
+/- 97,945
Total Stockholder Equity
Common Stock2,032,927
Retained Earnings 373,060
Accumulated Other Comprehensive Income 19,066
Total Stockholder Equity (as reported)2,425,053
Total Stockholder Equity (calculated)2,425,053
+/-0
Other
Capital Stock2,032,927
Cash and Short Term Investments 774,967
Common Stock Shares Outstanding 4,285,810
Liabilities and Stockholders Equity 4,071,346
Net Debt 560,970
Net Invested Capital 3,270,076
Net Working Capital 866,790
Property Plant and Equipment Gross 2,137,885
Short Long Term Debt Total 845,023



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
28,175
28,095
27,940
79,421
758,497
1,276,757
1,600,048
2,435,347
3,940,898
4,071,346
4,071,3463,940,8982,435,3471,600,0481,276,757758,49779,42127,94028,09528,175
   > Total Current Assets 
2,028
1,620
1,664
2,551
154,291
291,003
698,037
529,759
932,683
1,344,672
1,344,672932,683529,759698,037291,003154,2912,5511,6641,6202,028
       Cash And Cash Equivalents 
424
218
279
807
49,003
70,873
455,447
189,618
212,700
284,053
284,053212,700189,618455,44770,87349,003807279218424
       Short-term Investments 
0
0
0
0
0
0
0
0
0
490,914
490,914000000000
       Net Receivables 
224
832
289
387
43,666
138,287
152,607
172,057
347,963
328,506
328,506347,963172,057152,607138,28743,666387289832224
       Inventory 
1,046
430
959
589
8,917
80,004
79,421
147,166
302,065
199,448
199,448302,065147,16679,42180,0048,9175899594301,046
       Other Current Assets 
297
138
74
500
4,994
1,840
10,563
20,918
69,955
5,943
5,94369,95520,91810,5631,8404,99450074138297
   > Long-term Assets 
0
0
0
0
604,206
985,754
902,011
1,905,587
3,008,215
2,726,673
2,726,6733,008,2151,905,587902,011985,754604,2060000
       Property Plant Equipment 
26,147
26,475
26,276
26,628
340,090
894,113
778,544
1,738,920
2,834,343
1,861,656
1,861,6562,834,3431,738,920778,544894,113340,09026,62826,27626,47526,147
       Goodwill 
0
0
0
0
29,219
78,818
71,801
107,258
151,513
102,748
102,748151,513107,25871,80178,81829,2190000
       Long Term Investments 
0
0
0
50,000
71,240
0
0
0
0
527,239
527,239000071,24050,000000
       Intangible Assets 
0
0
0
0
0
78,818
71,801
107,258
151,513
79,745
79,745151,513107,25871,80178,81800000
       Other Assets 
0
0
0
242
4,459
0
0
0
0
0
000004,459242000
> Total Liabilities 
22,914
24,716
28,308
6,184
110,035
249,488
192,377
650,171
1,265,170
1,164,704
1,164,7041,265,170650,171192,377249,488110,0356,18428,30824,71622,914
   > Total Current Liabilities 
8,853
10,788
18,337
3,991
67,348
82,705
74,787
101,546
305,798
477,882
477,882305,798101,54674,78782,70567,3483,99118,33710,7888,853
       Short-term Debt 
1,119
1,227
5,381
0
4,180
6,164
16,662
12,770
11,462
257,269
257,26911,46212,77016,6626,1644,18005,3811,2271,119
       Short Long Term Debt 
0
0
5,381
0
5,961
4,333
16,693
9,284
7,773
257,269
257,2697,7739,28416,6934,3335,96105,38100
       Accounts payable 
0
4,452
4,516
2,533
39,228
71,351
43,586
68,440
250,784
175,627
175,627250,78468,44043,58671,35139,2282,5334,5164,4520
       Other Current Liabilities 
0
3,307
3,172
657
23,939
5,190
9,678
9,818
12,225
44,986
44,98612,2259,8189,6785,19023,9396573,1723,3070
   > Long-term Liabilities 
0
0
0
0
42,687
166,783
117,590
548,625
959,373
686,822
686,822959,373548,625117,590166,78342,6870000
       Long term Debt Total 
11,751
12,051
8,151
0
0
60,667
32,143
318,322
551,515
0
0551,515318,32232,14360,667008,15112,05111,751
       Other Liabilities 
0
448
297
285
29,936
56,573
58,596
80,555
99,083
0
099,08380,55558,59656,57329,9362852974480
> Total Stockholder Equity
5,260
3,379
-368
73,237
-143,214
608,102
1,218,248
1,379,335
1,914,944
2,425,053
2,425,0531,914,9441,379,3351,218,248608,102-143,21473,237-3683,3795,260
   Common Stock
25,699
26,103
26,188
103,105
275,938
448,824
949,821
1,008,086
1,389,726
2,032,927
2,032,9271,389,7261,008,086949,821448,824275,938103,10526,18826,10325,699
   Retained Earnings 
-19,843
-22,129
-25,961
-29,272
36,254
131,955
243,539
344,924
496,987
373,060
373,060496,987344,924243,539131,95536,254-29,272-25,961-22,129-19,843
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
-596
-596
-595
-595
-454,767
0
0
0
0
0
00000-454,767-595-595-596-596



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, 2023-12-31)

Gross Profit (+$)
totalRevenue1,880,105
Cost of Revenue-1,430,421
Gross Profit449,684449,684
 
Operating Income (+$)
Gross Profit449,684
Operating Expense-166,455
Operating Income294,189283,229
 
Operating Expense (+$)
Research Development0
Selling General Administrative12,444
Selling And Marketing Expenses0
Operating Expense166,45512,444
 
Net Interest Income (+$)
Interest Income13,521
Interest Expense-90,897
Other Finance Cost-0
Net Interest Income-77,377
 
Pretax Income (+$)
Operating Income294,189
Net Interest Income-77,377
Other Non-Operating Income Expenses0
Income Before Tax (EBT)203,291296,749
EBIT - interestExpense = 203,291
148,685
212,495
Interest Expense90,897
Earnings Before Interest and Taxes (EBIT)294,189294,189
Earnings Before Interest and Taxes (EBITDA)405,845
 
After tax Income (+$)
Income Before Tax203,291
Tax Provision-27,088
Net Income From Continuing Ops176,203176,203
Net Income121,598
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,596,876
Total Other Income/Expenses Net-2,56177,377
 

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 BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine 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 (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of 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: 0.84 < 0.84 < 0.8597.

The bearish price targets are: 0.72 > 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 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

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 0.01889531.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nickel Industries Limited price going down 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 17.41.

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 Nickel Industries Limited 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.
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 0.82209156.

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

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 58.20. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
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 Continuation in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the 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 54.36.

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 18.14.

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 -25.

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of 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 0.03450523.

Nickel Industries Limited Daily Average True Range (ATR) ChartNickel Industries Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Nickel Industries Limited. The current obv is -563,723,497.

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 31.51.

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

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
2023-11-07STOCH 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
2024-02-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD 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).
2024-03-18DMI 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
2024-03-19DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.

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 than5058.199
Ma 20Greater thanMa 500.793
Ma 50Greater thanMa 1000.714
Ma 100Greater thanMa 2000.702
OpenGreater thanClose0.795
Total3/5 (60.0%)
Penke

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