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Nickel Asia Corp
Buy, Hold or Sell?

Let's analyze Nickel Asia Corp together

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

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1. Quick Overview

1.1. Quick analysis of Nickel Asia Corp (30 sec.)










1.2. What can you expect buying and holding a share of Nickel Asia Corp? (30 sec.)

How much money do you get?

How much money do you get?
₱0.05
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
₱2.62
Expected worth in 1 year
₱3.42
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
₱3.80
Return On Investment
124.5%

For what price can you sell your share?

Current Price per Share
₱3.05
Expected price per share
₱0 - ₱3.26
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Nickel Asia Corp (5 min.)




Live pricePrice per Share (EOD)
₱3.05
Intrinsic Value Per Share
₱7.16 - ₱11.55
Total Value Per Share
₱9.78 - ₱14.17

2.2. Growth of Nickel Asia Corp (5 min.)




Is Nickel Asia Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$610.2m$563.2m$47m7.7%

How much money is Nickel Asia Corp making?

Current yearPrevious yearGrowGrow %
Making money$135.6m$133.5m$2m1.5%
Net Profit Margin28.3%28.5%--

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

2.3. Financial Health of Nickel Asia Corp (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Nickel Asia Corp?

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

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

Speculation

The Price per Share of Nickel Asia Corp is ₱3.05. 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 Asia Corp.
  • 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 Asia Corp, 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 ₱2.62. Based on the TTM, the Book Value Change Per Share is ₱0.20 per quarter. Based on the YOY, the Book Value Change Per Share is ₱0.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₱0.75 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nickel Asia Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.010.3%0.010.3%0.010.3%0.010.2%0.000.1%
Usd Book Value Change Per Share0.000.1%0.000.1%0.000.1%0.000.1%0.010.2%
Usd Dividend Per Share0.010.4%0.010.4%0.010.3%0.010.2%0.010.2%
Usd Total Gains Per Share0.020.5%0.020.5%0.010.4%0.010.3%0.010.4%
Usd Price Per Share0.10-0.10-0.09-0.08-0.17-
Price to Earnings Ratio10.04-10.04-9.33-13.08-16.91-
Price-to-Total Gains Ratio6.15-6.15-7.48-9.15-10.01-
Price to Book Ratio2.23-2.23-2.21-1.88-1.82-
Price-to-Total Gains Ratio6.15-6.15-7.48-9.15-10.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.052155
Number of shares19173
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.020.01
Gains per Quarter (19173 shares)311.20176.73
Gains per Year (19173 shares)1,244.80706.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19802641235585122697
21961529248011702441404
32941793372517543662111
439211058497023394892818
549021322621529246113525
658821587746035097334232
768621851870540938554939
878432116995046789775646
98823238011195526310996353
109803264512440584812227060

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%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of Nickel Asia Corp 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--0.2020.2020%0.139+45%0.093+116%0.374-46%
Book Value Per Share--2.6182.6180%2.417+8%2.356+11%1.767+48%
Current Ratio--4.3904.3900%2.014+118%2.552+72%3.270+34%
Debt To Asset Ratio--0.2830.2830%0.363-22%0.343-18%0.344-18%
Debt To Equity Ratio--0.3940.3940%0.570-31%0.526-25%0.532-26%
Dividend Per Share--0.7480.7480%0.576+30%0.446+68%0.353+112%
Eps--0.5820.5820%0.573+2%0.374+56%0.246+136%
Free Cash Flow Per Share--0.7600.7600%0.578+32%0.486+57%0.393+93%
Free Cash Flow To Equity Per Share--0.1130.1130%-0.013+111%0.041+173%0.033+242%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--11.550--------
Intrinsic Value_10Y_min--7.162--------
Intrinsic Value_1Y_max--0.728--------
Intrinsic Value_1Y_min--0.550--------
Intrinsic Value_3Y_max--2.515--------
Intrinsic Value_3Y_min--1.807--------
Intrinsic Value_5Y_max--4.696--------
Intrinsic Value_5Y_min--3.225--------
Market Cap--79604164700.80079604164700.8000%72925048142.000+9%61045540201.120+30%55673597598.222+43%
Net Profit Margin--0.2830.2830%0.285-1%0.213+33%0.207+37%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.3300.3300%0.303+9%0.369-11%0.376-12%
Pb Ratio1.165-91%2.2312.2310%2.214+1%1.879+19%1.819+23%
Pe Ratio5.242-91%10.03810.0380%9.335+8%13.076-23%16.912-41%
Price Per Share3.050-91%5.8405.8400%5.350+9%4.476+30%10.060-42%
Price To Free Cash Flow Ratio4.013-91%7.6857.6850%9.264-17%9.354-18%25.082-69%
Price To Total Gains Ratio3.213-91%6.1536.1530%7.478-18%9.152-33%10.005-39%
Quick Ratio--4.4724.4720%2.472+81%2.698+66%3.129+43%
Return On Assets--0.1590.1590%0.151+5%0.103+55%0.101+58%
Return On Equity--0.2220.2220%0.237-6%0.155+43%0.149+49%
Total Gains Per Share--0.9490.9490%0.715+33%0.539+76%0.727+31%
Usd Book Value--610275658.500610275658.5000%563270015.700+8%549612933.120+11%512772972.800+19%
Usd Book Value Change Per Share--0.0030.0030%0.002+45%0.002+116%0.006-46%
Usd Book Value Per Share--0.0450.0450%0.041+8%0.040+11%0.030+48%
Usd Dividend Per Share--0.0130.0130%0.010+30%0.008+68%0.006+112%
Usd Eps--0.0100.0100%0.010+2%0.006+56%0.004+136%
Usd Free Cash Flow--177138558.000177138558.0000%134608857.300+32%113239620.000+56%93661299.900+89%
Usd Free Cash Flow Per Share--0.0130.0130%0.010+32%0.008+57%0.007+93%
Usd Free Cash Flow To Equity Per Share--0.0020.0020%0.000+111%0.001+173%0.001+242%
Usd Market Cap--1361231216.3841361231216.3840%1247018323.228+9%1043878737.439+30%952018518.930+43%
Usd Price Per Share0.052-91%0.1000.1000%0.091+9%0.077+30%0.172-42%
Usd Profit--135622665.000135622665.0000%133595032.500+2%87228751.860+55%77575343.200+75%
Usd Revenue--478853865.000478853865.0000%468610366.500+2%389024357.040+23%349199337.500+37%
Usd Total Gains Per Share--0.0160.0160%0.012+33%0.009+76%0.012+31%
 EOD+4 -2MRQTTM+0 -0YOY+27 -75Y+31 -310Y+29 -5

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.242
Price to Book Ratio (EOD)Between0-11.165
Net Profit Margin (MRQ)Greater than00.283
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than14.472
Current Ratio (MRQ)Greater than14.390
Debt to Asset Ratio (MRQ)Less than10.283
Debt to Equity Ratio (MRQ)Less than10.394
Return on Equity (MRQ)Greater than0.150.222
Return on Assets (MRQ)Greater than0.050.159
Total8/10 (80.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.905
Ma 20Greater thanMa 503.204
Ma 50Greater thanMa 1003.462
Ma 100Greater thanMa 2003.410
OpenGreater thanClose2.950
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Nickel Asia Corp

4.2 In-depth Summary

4.2.1. Financial Health Summary

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 efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very 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.

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Nickel Asia Corp earns for each ₱1 of revenue.

  • Above 10% is considered healthy but always compare Nickel Asia Corp to the Metals & Mining industry mean.
  • A Net Profit Margin of 28.3% means that ₱0.28 for each ₱1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nickel Asia Corp:

  • The MRQ is 28.3%. The company is making a huge profit. +2
  • The TTM is 28.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ28.3%TTM28.3%0.0%
TTM28.3%YOY28.5%-0.2%
TTM28.3%5Y21.3%+7.0%
5Y21.3%10Y20.7%+0.7%
4.3.1.2. Return on Assets

Shows how efficient Nickel Asia Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nickel Asia Corp to the Metals & Mining industry mean.
  • 15.9% Return on Assets means that Nickel Asia Corp generated ₱0.16 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nickel Asia Corp:

  • The MRQ is 15.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 15.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.9%TTM15.9%0.0%
TTM15.9%YOY15.1%+0.8%
TTM15.9%5Y10.3%+5.6%
5Y10.3%10Y10.1%+0.2%
4.3.1.3. Return on Equity

Shows how efficient Nickel Asia Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nickel Asia Corp to the Metals & Mining industry mean.
  • 22.2% Return on Equity means Nickel Asia Corp generated ₱0.22 for each ₱1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nickel Asia Corp:

  • The MRQ is 22.2%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 22.2%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ22.2%TTM22.2%0.0%
TTM22.2%YOY23.7%-1.5%
TTM22.2%5Y15.5%+6.7%
5Y15.5%10Y14.9%+0.7%
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4.3.2. Operating Efficiency of Nickel Asia Corp.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Nickel Asia Corp is operating .

  • Measures how much profit Nickel Asia Corp 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 Asia Corp to the Metals & Mining industry mean.
  • An Operating Margin of 0.0% means the company generated ₱0.00  for each ₱1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nickel Asia Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
4.3.2.2. Operating Ratio

Measures how efficient Nickel Asia Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Metals & Mining industry mean).
  • An Operation Ratio of 0.33 means that the operating costs are ₱0.33 for each ₱1 in net sales.

Let's take a look of the Operating Ratio trends of Nickel Asia Corp:

  • The MRQ is 0.330. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.330. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.330TTM0.3300.000
TTM0.330YOY0.303+0.027
TTM0.3305Y0.369-0.039
5Y0.36910Y0.376-0.007
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4.4.3. Liquidity of Nickel Asia Corp.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Nickel Asia Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Metals & Mining industry mean).
  • A Current Ratio of 4.39 means the company has ₱4.39 in assets for each ₱1 in short-term debts.

Let's take a look of the Current Ratio trends of Nickel Asia Corp:

  • The MRQ is 4.390. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.390. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.390TTM4.3900.000
TTM4.390YOY2.014+2.377
TTM4.3905Y2.552+1.838
5Y2.55210Y3.270-0.717
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nickel Asia Corp to the Metals & Mining industry mean.
  • A Quick Ratio of 4.47 means the company can pay off ₱4.47 for each ₱1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nickel Asia Corp:

  • The MRQ is 4.472. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.472. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.472TTM4.4720.000
TTM4.472YOY2.472+2.000
TTM4.4725Y2.698+1.774
5Y2.69810Y3.129-0.431
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4.5.4. Solvency of Nickel Asia Corp.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Nickel Asia Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nickel Asia Corp to Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.28 means that Nickel Asia Corp assets are financed with 28.3% credit (debt) and the remaining percentage (100% - 28.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nickel Asia Corp:

  • The MRQ is 0.283. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.283. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.283TTM0.2830.000
TTM0.283YOY0.363-0.080
TTM0.2835Y0.343-0.061
5Y0.34310Y0.3440.000
4.5.4.2. Debt to Equity Ratio

Measures if Nickel Asia Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nickel Asia Corp to the Metals & Mining industry mean.
  • A Debt to Equity ratio of 39.4% means that company has ₱0.39 debt for each ₱1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nickel Asia Corp:

  • The MRQ is 0.394. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.394. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.394TTM0.3940.000
TTM0.394YOY0.570-0.175
TTM0.3945Y0.526-0.132
5Y0.52610Y0.532-0.006
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₱1 in earnings Nickel Asia Corp generates.

  • Above 15 is considered overpriced but always compare Nickel Asia Corp to the Metals & Mining industry mean.
  • A PE ratio of 10.04 means the investor is paying ₱10.04 for every ₱1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nickel Asia Corp:

  • The EOD is 5.242. Based on the earnings, the company is cheap. +2
  • The MRQ is 10.038. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.038. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD5.242MRQ10.038-4.795
MRQ10.038TTM10.0380.000
TTM10.038YOY9.335+0.703
TTM10.0385Y13.076-3.038
5Y13.07610Y16.912-3.836
4.6.2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 4.013. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.685. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.685. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.013MRQ7.685-3.671
MRQ7.685TTM7.6850.000
TTM7.685YOY9.264-1.579
TTM7.6855Y9.354-1.669
5Y9.35410Y25.082-15.728
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Metals & Mining industry mean).
  • A PB ratio of 2.23 means the investor is paying ₱2.23 for each ₱1 in book value.

Let's take a look of the Price to Book Ratio trends of Nickel Asia Corp:

  • The EOD is 1.165. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.231. Based on the equity, the company is underpriced. +1
  • The TTM is 2.231. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.165MRQ2.231-1.066
MRQ2.231TTM2.2310.000
TTM2.231YOY2.214+0.017
TTM2.2315Y1.879+0.352
5Y1.87910Y1.819+0.059
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

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

Summary
Total Assets49,759,042
Total Liabilities14,070,407
Total Stockholder Equity35,688,635
 As reported
Total Liabilities 14,070,407
Total Stockholder Equity+ 35,688,635
Total Assets = 49,759,042

Assets

Total Assets49,759,042
Total Current Assets20,955,174
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 2,145,394
Short-term Investments 4,124,176
Net Receivables 2,285,136
Inventory 2,432,224
Other Current Assets 190,481
Total Current Assets  (as reported)20,955,174
Total Current Assets  (calculated)11,177,411
+/- 9,777,763
Long-term Assets
Property Plant Equipment 15,697,359
Long-term Assets  (as reported)0
Long-term Assets  (calculated)15,697,359
+/- 15,697,359

Liabilities & Shareholders' Equity

Total Current Liabilities4,772,920
Long-term Liabilities0
Total Stockholder Equity35,688,635
Total Current Liabilities
Short-term Debt 1,498,266
Total Current Liabilities  (as reported)4,772,920
Total Current Liabilities  (calculated)1,498,266
+/- 3,274,654
Long-term Liabilities
Long term Debt Total 2,722,828
Capital Lease Obligations Min Short Term Debt-1,498,266
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)1,224,562
+/- 1,224,562
Total Stockholder Equity
Common Stock6,842,636
Retained Earnings 18,753,593
Capital Surplus 8,271,900
Other Stockholders Equity 1,923,072
Total Stockholder Equity (as reported)35,688,635
Total Stockholder Equity (calculated)35,791,201
+/- 102,566
Other
Cash And Equivalents8,663,632
Cash and Short Term Investments 14,933,202
Common Stock Shares Outstanding 13,630,850
Liabilities and Stockholders Equity 49,759,042
Net Working Capital 16,182,254



6.2. Balance Sheets Structured

Currency in PHP. 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 
35,183,908
41,730,355
45,351,516
45,737,099
46,032,507
48,261,953
48,913,290
51,700,882
49,759,042
49,759,04251,700,88248,913,29048,261,95346,032,50745,737,09945,351,51641,730,35535,183,908
   > Total Current Assets 
20,611,470
16,677,942
20,522,768
20,898,438
20,980,750
22,023,257
22,011,970
24,011,065
20,955,174
20,955,17424,011,06522,011,97022,023,25720,980,75020,898,43820,522,76816,677,94220,611,470
       Cash And Cash Equivalents 
0
5,338,499
8,246,037
8,513,804
9,841,772
11,096,802
3,668,781
2,100,887
2,145,394
2,145,3942,100,8873,668,78111,096,8029,841,7728,513,8048,246,0375,338,4990
       Short-term Investments 
0
0
5,572,285
5,925,682
4,909,995
4,625,668
5,495,582
8,563,029
4,124,176
4,124,1768,563,0295,495,5824,625,6684,909,9955,925,6825,572,28500
       Net Receivables 
879,976
573,689
865,608
660,883
759,516
662,872
1,011,732
1,521,018
2,285,136
2,285,1361,521,0181,011,732662,872759,516660,883865,608573,689879,976
       Inventory 
2,863,181
3,211,269
3,210,838
3,502,414
3,744,274
3,995,411
2,930,348
2,242,932
2,432,224
2,432,2242,242,9322,930,3483,995,4113,744,2743,502,4143,210,8383,211,2692,863,181
       Other Current Assets 
16,377
94,618
579,085
574,876
105,026
29,120
47,210
97,556
190,481
190,48197,55647,21029,120105,026574,876579,08594,61816,377
   > Long-term Assets 000000000
       Property Plant Equipment 
6,598,993
15,200,198
17,342,224
17,172,442
16,871,664
17,839,903
18,709,444
19,088,293
15,697,359
15,697,35919,088,29318,709,44417,839,90316,871,66417,172,44217,342,22415,200,1986,598,993
       Intangible Assets 
0
0
22,687
112,670
27,349
0
0
0
0
000027,349112,67022,68700
> Total Liabilities 
7,998,277
16,218,482
18,331,025
16,280,118
16,367,800
16,891,922
17,870,894
18,761,115
14,070,407
14,070,40718,761,11517,870,89416,891,92216,367,80016,280,11818,331,02516,218,4827,998,277
   > Total Current Liabilities 
2,114,567
7,713,231
7,945,838
9,614,431
9,866,090
9,920,481
10,944,323
11,924,982
4,772,920
4,772,92011,924,98210,944,3239,920,4819,866,0909,614,4317,945,8387,713,2312,114,567
       Short-term Debt 
0
180,000
180,000
0
1,492,268
1,492,404
1,492,654
1,492,916
1,498,266
1,498,2661,492,9161,492,6541,492,4041,492,2680180,000180,0000
   > Long-term Liabilities 000000000
       Long term Debt Total 
1,313,203
3,357,733
4,468,059
1,349,211
1,288,562
1,511,955
1,478,331
1,445,301
2,722,828
2,722,8281,445,3011,478,3311,511,9551,288,5621,349,2114,468,0593,357,7331,313,203
> Total Stockholder Equity
27,185,631
25,511,873
27,020,491
29,456,981
29,664,707
31,370,031
31,042,396
32,939,767
35,688,635
35,688,63532,939,76731,042,39631,370,03129,664,70729,456,98127,020,49125,511,87327,185,631
   Common Stock
1,265,295
3,798,470
3,801,465
3,801,465
6,842,636
6,842,636
6,842,636
6,842,636
6,842,636
6,842,6366,842,6366,842,6366,842,6366,842,6363,801,4653,801,4653,798,4701,265,295
   Retained Earnings 
16,673,051
13,011,607
14,330,482
16,488,042
13,613,157
15,298,959
15,142,375
16,845,460
18,753,593
18,753,59316,845,46015,142,37515,298,95913,613,15716,488,04214,330,48213,011,60716,673,051
   Capital Surplus 
8,273,655
8,284,767
8,300,002
8,262,455
8,262,455
8,262,455
8,271,900
8,271,900
8,271,900
8,271,9008,271,9008,271,9008,262,4558,262,4558,262,4558,300,0028,284,7678,273,655
   Treasury Stock0-134,014-134,014-87,950-20,3660000
   Other Stockholders Equity 
761,862
511,433
535,908
701,787
1,020,415
983,157
823,580
1,072,657
1,923,072
1,923,0721,072,657823,580983,1571,020,415701,787535,908511,433761,862



6.3. Balance Sheets

Currency in PHP. All numbers in thousands.




6.4. Cash Flows

Currency in PHP. All numbers in thousands.




6.5. Income Statements

Currency in PHP. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2022-12-31. Currency in PHP. All numbers in thousands.

Gross Profit (+$)
totalRevenue28,003,150
Cost of Revenue-9,237,117
Gross Profit18,766,03318,766,033
 
Operating Income (+$)
Gross Profit18,766,033
Operating Expense-0
Operating Income12,639,46118,766,033
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,341,330
Selling And Marketing Expenses0
Operating Expense03,341,330
 
Net Interest Income (+$)
Interest Income1,617,906
Interest Expense-0
Other Finance Cost-1,617,906
Net Interest Income0
 
Pretax Income (+$)
Operating Income12,639,461
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)14,305,24912,639,461
EBIT - interestExpense = 0
7,931,150
7,931,150
Interest Expense0
Earnings Before Interest and Taxes (EBIT)014,305,249
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax14,305,249
Tax Provision-3,429,136
Net Income From Continuing Ops010,876,113
Net Income7,931,150
Net Income Applicable To Common Shares7,930,646
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Nickel Asia Corp
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 Asia Corp. The general trend of Nickel Asia Corp is BEARISH with 85.7% 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 Asia Corp'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 (-85.7%) Bearish trend (85.7%)
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 Asia Corp.

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: 3.09 < 3.13 < 3.26.

The bearish price targets are: .

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Nickel Asia Corp 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 Asia Corp. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher 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 below 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 Asia Corp 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 Asia Corp. The current macd is -0.11051976.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nickel Asia Corp price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nickel Asia Corp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nickel Asia Corp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Nickel Asia Corp Daily Moving Average Convergence/Divergence (MACD) ChartNickel Asia Corp 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 Asia Corp. The current adx is 50.90.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nickel Asia Corp shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Nickel Asia Corp 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 Asia Corp. The current sar is 3.19067498.

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 Asia Corp 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 Asia Corp. The current rsi is 36.91. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Nickel Asia Corp Daily Relative Strength Index (RSI) ChartNickel Asia Corp 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 Asia Corp. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Asia Corp price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Nickel Asia Corp Daily Stochastic Oscillator ChartNickel Asia Corp 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 Asia Corp. The current cci is -108.23226755.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Nickel Asia Corp Daily Commodity Channel Index (CCI) ChartNickel Asia Corp 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 Asia Corp. The current cmo is -26.01042199.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Nickel Asia Corp Daily Chande Momentum Oscillator (CMO) ChartNickel Asia Corp 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 Asia Corp. The current willr is -72.91666667.

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

Nickel Asia Corp 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 Asia Corp. The current atr is 0.10972153.

Nickel Asia Corp Daily Average True Range (ATR) ChartNickel Asia Corp 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 Asia Corp. The current obv is -189,489,711.

Nickel Asia Corp Daily On-Balance Volume (OBV) ChartNickel Asia Corp 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 Asia Corp. The current mfi is 9.00802493.

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

  • MFI < 50: -1
  • MFI < 20: -1
Nickel Asia Corp Daily Money Flow Index (MFI) ChartNickel Asia Corp Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nickel Asia Corp.

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
2024-07-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-07-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-07-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-08-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-08-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-08-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-09-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-10-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-17DMI 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).
2024-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-11-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-02RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Nickel Asia Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.905
Ma 20Greater thanMa 503.204
Ma 50Greater thanMa 1003.462
Ma 100Greater thanMa 2003.410
OpenGreater thanClose2.950
Total1/5 (20.0%)
Penke
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