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Nex Metals Explorations Ltd
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Let's analyse Nex Metals Explorations Ltd together

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

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

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

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Quick analysis of Nex Metals Explorations Ltd (30 sec.)










What can you expect buying and holding a share of Nex Metals Explorations Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
10.0%

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$0.03
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
A$0.04
Return On Investment
149.5%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.023 - A$0.03
How sure are you?
50%

1. Valuation of Nex Metals Explorations Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.02

Intrinsic Value Per Share

A$-0.04 - A$0.00

Total Value Per Share

A$-0.04 - A$0.00

2. Growth of Nex Metals Explorations Ltd (5 min.)




Is Nex Metals Explorations Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?-$251.7k-$2.2m$2m810.7%

How much money is Nex Metals Explorations Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$674.1k-$1.1m$478.9k71.1%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Nex Metals Explorations Ltd (5 min.)




4. Comparing to competitors in the Gold industry (5 min.)




  Industry Rankings (Gold)  


Richest
#461 / 498

Most Revenue
#349 / 498

Most Profit
#231 / 498

Most Efficient
#271 / 498

What can you expect buying and holding a share of Nex Metals Explorations Ltd? (5 min.)

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

What can you expect buying and holding a share of Nex Metals Explorations Ltd?

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

Speculation

The Price per Share of Nex Metals Explorations Ltd is A$0.024. 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 Nex Metals Explorations Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nex Metals Explorations Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.00. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.01 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$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nex Metals Explorations Ltd.

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 Eps0.00-8.0%0.00-8.0%0.00-13.6%0.00-10.2%0.00-4.2%
Usd Book Value Change Per Share0.0124.1%0.0124.1%0.00-13.6%0.004.1%0.003.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.000.1%
Usd Total Gains Per Share0.0124.1%0.0124.1%0.00-13.6%0.004.2%0.003.0%
Usd Price Per Share0.01-0.01-0.02-0.03-0.02-
Price to Earnings Ratio-6.41--6.41--6.11--53.93--28.76-
Price-to-Total Gains Ratio2.12-2.12--6.11--50.62--27.10-
Price to Book Ratio-17.17--17.17--3.08--7.32--4.11-
Price-to-Total Gains Ratio2.12-2.12--6.11--50.62--27.10-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0154848
Number of shares64579
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (64579 shares)373.8365.36
Gains per Year (64579 shares)1,495.33261.45
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10149514856255251
202991298012510512
304486447519766773
40598159702510211034
50747774653112761295
60897289603715311556
7010467104554417871817
8011963119505020422078
9013458134455622972339
10014953149406225522600

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 Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%2.08.00.020.0%2.013.01.012.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%6.010.00.037.5%
Dividend per Share0.00.01.00.0%1.00.02.033.3%1.00.04.020.0%1.00.09.010.0%1.00.015.06.3%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%6.010.00.037.5%

Fundamentals of Nex Metals Explorations Ltd

About Nex Metals Explorations Ltd

Nex Metals Explorations Limited engages in the exploration of mineral properties in Australia. It explores for gold, copper, and nickel deposits. The company holds interests in the Kookynie gold project and the Yundamindra gold project located in the Eastern Goldfields, Western Australia. It also holds interests in the Kookynie Tailings Research Project located in Cosmopolitan tenement. Nex Metals Explorations Limited was incorporated in 2007 and is based in Osborne Park, Australia.

Fundamental data was last updated by Penke on 2024-04-23 15:05:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.

Valuation

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

1.1. Profitability of Nex Metals Explorations Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nex Metals Explorations Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Nex Metals Explorations Ltd to the Gold industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nex Metals Explorations Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-138.4%+138.4%
5Y-138.4%10Y-355,674.5%+355,536.1%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--9.0%+9.0%
TTM--7.4%+7.4%
YOY--8.9%+8.9%
5Y-138.4%-23.8%-114.6%
10Y-355,674.5%-37.0%-355,637.5%
1.1.2. Return on Assets

Shows how efficient Nex Metals Explorations Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nex Metals Explorations Ltd to the Gold industry mean.
  • -72.3% Return on Assets means that Nex Metals Explorations Ltd generated $-0.72 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nex Metals Explorations Ltd:

  • The MRQ is -72.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -72.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-72.3%TTM-72.3%0.0%
TTM-72.3%YOY-104.3%+32.0%
TTM-72.3%5Y-199.6%+127.3%
5Y-199.6%10Y-96.0%-103.7%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-72.3%-5.1%-67.2%
TTM-72.3%-5.7%-66.6%
YOY-104.3%-6.4%-97.9%
5Y-199.6%-10.2%-189.4%
10Y-96.0%-13.4%-82.6%
1.1.3. Return on Equity

Shows how efficient Nex Metals Explorations Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nex Metals Explorations Ltd to the Gold industry mean.
  • 0.0% Return on Equity means Nex Metals Explorations Ltd generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nex Metals Explorations Ltd:

  • 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%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--5.0%+5.0%
TTM--5.1%+5.1%
YOY--6.5%+6.5%
5Y--10.1%+10.1%
10Y--15.2%+15.2%

1.2. Operating Efficiency of Nex Metals Explorations Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nex Metals Explorations Ltd is operating .

  • Measures how much profit Nex Metals Explorations Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nex Metals Explorations Ltd to the Gold 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 Nex Metals Explorations Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-120.4%+120.4%
5Y-120.4%10Y-844,724.8%+844,604.4%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--19.3%+19.3%
TTM-1.8%-1.8%
YOY--1.6%+1.6%
5Y-120.4%-14.9%-105.5%
10Y-844,724.8%-31.6%-844,693.2%
1.2.2. Operating Ratio

Measures how efficient Nex Metals Explorations Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Nex Metals Explorations Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y1.727-1.727
5Y1.72710Y19,907.776-19,906.049
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.465-1.465
TTM-1.421-1.421
YOY-1.391-1.391
5Y1.7271.474+0.253
10Y19,907.7761.553+19,906.223

1.3. Liquidity of Nex Metals Explorations Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nex Metals Explorations Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 0.16 means the company has $0.16 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Nex Metals Explorations Ltd:

  • The MRQ is 0.157. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.157. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.157TTM0.1570.000
TTM0.157YOY0.108+0.049
TTM0.1575Y0.108+0.050
5Y0.10810Y0.141-0.033
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1572.385-2.228
TTM0.1572.497-2.340
YOY0.1083.302-3.194
5Y0.1083.966-3.858
10Y0.1414.554-4.413
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nex Metals Explorations Ltd to the Gold industry mean.
  • A Quick Ratio of 0.15 means the company can pay off $0.15 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nex Metals Explorations Ltd:

  • The MRQ is 0.154. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.154. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.154TTM0.1540.000
TTM0.154YOY0.107+0.047
TTM0.1545Y0.106+0.048
5Y0.10610Y0.139-0.032
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1540.715-0.561
TTM0.1540.850-0.696
YOY0.1071.225-1.118
5Y0.1061.584-1.478
10Y0.1391.838-1.699

1.4. Solvency of Nex Metals Explorations Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nex Metals Explorations Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nex Metals Explorations Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 1.27 means that Nex Metals Explorations Ltd assets are financed with 127.0% credit (debt) and the remaining percentage (100% - 127.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nex Metals Explorations Ltd:

  • The MRQ is 1.270. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.270. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ1.270TTM1.2700.000
TTM1.270YOY3.075-1.804
TTM1.2705Y5.277-4.007
5Y5.27710Y4.337+0.940
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2700.192+1.078
TTM1.2700.190+1.080
YOY3.0750.165+2.910
5Y5.2770.234+5.043
10Y4.3370.261+4.076
1.4.2. Debt to Equity Ratio

Measures if Nex Metals Explorations Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nex Metals Explorations Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nex Metals Explorations Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.189-0.189
TTM-0.203-0.203
YOY-0.180-0.180
5Y-0.237-0.237
10Y-0.286-0.286

2. Market Valuation of Nex Metals Explorations Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Nex Metals Explorations Ltd generates.

  • Above 15 is considered overpriced but always compare Nex Metals Explorations Ltd to the Gold industry mean.
  • A PE ratio of -6.41 means the investor is paying $-6.41 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nex Metals Explorations Ltd:

  • The EOD is -8.098. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.411. Based on the earnings, the company is expensive. -2
  • The TTM is -6.411. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.098MRQ-6.411-1.687
MRQ-6.411TTM-6.4110.000
TTM-6.411YOY-6.115-0.296
TTM-6.4115Y-53.931+47.520
5Y-53.93110Y-28.757-25.174
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-8.098-3.609-4.489
MRQ-6.411-4.189-2.222
TTM-6.411-4.203-2.208
YOY-6.115-6.411+0.296
5Y-53.931-8.848-45.083
10Y-28.757-9.382-19.375
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nex Metals Explorations Ltd:

  • The EOD is -86.519. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -68.494. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -68.494. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-86.519MRQ-68.494-18.025
MRQ-68.494TTM-68.4940.000
TTM-68.494YOY-11.650-56.844
TTM-68.4945Y77.405-145.899
5Y77.40510Y37.149+40.255
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-86.519-4.328-82.191
MRQ-68.494-4.659-63.835
TTM-68.494-4.938-63.556
YOY-11.650-6.257-5.393
5Y77.405-10.953+88.358
10Y37.149-12.171+49.320
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nex Metals Explorations Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of -17.17 means the investor is paying $-17.17 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Nex Metals Explorations Ltd:

  • The EOD is -21.687. Based on the equity, the company is expensive. -2
  • The MRQ is -17.169. Based on the equity, the company is expensive. -2
  • The TTM is -17.169. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-21.687MRQ-17.169-4.518
MRQ-17.169TTM-17.1690.000
TTM-17.169YOY-3.076-14.093
TTM-17.1695Y-7.322-9.847
5Y-7.32210Y-4.111-3.211
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-21.6871.221-22.908
MRQ-17.1691.205-18.374
TTM-17.1691.235-18.404
YOY-3.0761.799-4.875
5Y-7.3222.376-9.698
10Y-4.1112.461-6.572
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Nex Metals Explorations Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Nex Metals Explorations Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0090.0090%-0.005+157%0.002+486%0.001+707%
Book Value Per Share---0.001-0.0010%-0.010+811%-0.008+645%-0.009+711%
Current Ratio--0.1570.1570%0.108+45%0.108+46%0.141+11%
Debt To Asset Ratio--1.2701.2700%3.075-59%5.277-76%4.337-71%
Debt To Equity Ratio----0%-0%-0%-0%
Dividend Per Share----0%-0%0.000-100%0.000-100%
Eps---0.003-0.0030%-0.005+71%-0.004+28%-0.002-48%
Free Cash Flow Per Share--0.0000.0000%-0.003+859%-0.002+613%-0.002+604%
Free Cash Flow To Equity Per Share--0.0010.0010%-0.001+287%0.000+2798%-0.001+181%
Gross Profit Margin--2.2382.2380%2.303-3%2.117+6%1.559+44%
Intrinsic Value_10Y_max---0.002--------
Intrinsic Value_10Y_min---0.035--------
Intrinsic Value_1Y_max---0.002--------
Intrinsic Value_1Y_min---0.003--------
Intrinsic Value_3Y_max---0.004--------
Intrinsic Value_3Y_min---0.010--------
Intrinsic Value_5Y_max---0.005--------
Intrinsic Value_5Y_min---0.017--------
Market Cap8460791.808+21%6698126.8486698126.8480%10928522.752-39%15321083.832-56%9137655.153-27%
Net Profit Margin----0%-0%-1.3840%-3556.7450%
Operating Margin----0%-0%-1.2040%-8447.2480%
Operating Ratio----0%-0%1.727-100%19907.776-100%
Pb Ratio-21.687-26%-17.169-17.1690%-3.076-82%-7.322-57%-4.111-76%
Pe Ratio-8.098-26%-6.411-6.4110%-6.115-5%-53.931+741%-28.757+349%
Price Per Share0.024+21%0.0190.0190%0.031-39%0.043-56%0.026-27%
Price To Free Cash Flow Ratio-86.519-26%-68.494-68.4940%-11.650-83%77.405-188%37.149-284%
Price To Total Gains Ratio2.675+21%2.1182.1180%-6.115+389%-50.616+2490%-27.100+1380%
Quick Ratio--0.1540.1540%0.107+44%0.106+45%0.139+11%
Return On Assets---0.723-0.7230%-1.043+44%-1.996+176%-0.960+33%
Return On Equity----0%-0%-0%-0%
Total Gains Per Share--0.0090.0090%-0.005+157%0.002+472%0.001+694%
Usd Book Value---251708.650-251708.6500%-2292434.957+811%-1874512.593+645%-2041569.519+711%
Usd Book Value Change Per Share--0.0060.0060%-0.003+157%0.001+486%0.001+707%
Usd Book Value Per Share---0.001-0.0010%-0.007+811%-0.005+645%-0.006+711%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps---0.002-0.0020%-0.003+71%-0.002+28%-0.001-48%
Usd Free Cash Flow---63094.753-63094.7530%-605222.118+859%-449855.248+613%-444126.517+604%
Usd Free Cash Flow Per Share--0.0000.0000%-0.002+859%-0.001+613%-0.001+604%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%-0.001+287%0.000+2798%0.000+181%
Usd Market Cap5458902.875+21%4321631.4424321631.4420%7051082.880-39%9885163.289-56%5895615.104-27%
Usd Price Per Share0.015+21%0.0120.0120%0.020-39%0.028-56%0.017-27%
Usd Profit---674116.574-674116.5740%-1153100.795+71%-882347.131+31%-362430.196-46%
Usd Revenue----0%-0%44312.336-100%55708.955-100%
Usd Total Gains Per Share--0.0060.0060%-0.003+157%0.001+472%0.001+694%
 EOD+7 -1MRQTTM+0 -0YOY+24 -45Y+25 -710Y+22 -10

4.2. Fundamental Score

Let's check the fundamental score of Nex Metals Explorations Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-8.098
Price to Book Ratio (EOD)Between0-1-21.687
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.154
Current Ratio (MRQ)Greater than10.157
Debt to Asset Ratio (MRQ)Less than11.270
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.723
Total1/10 (10.0%)

4.3. Technical Score

Let's check the technical score of Nex Metals Explorations Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.330
Ma 20Greater thanMa 500.022
Ma 50Greater thanMa 1000.021
Ma 100Greater thanMa 2000.022
OpenGreater thanClose0.024
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets1,444
Total Liabilities1,835
Total Stockholder Equity-390
 As reported
Total Liabilities 1,835
Total Stockholder Equity+ -390
Total Assets = 1,444

Assets

Total Assets1,444
Total Current Assets289
Long-term Assets1,156
Total Current Assets
Cash And Cash Equivalents 270
Net Receivables 13
Inventory -13
Other Current Assets 18
Total Current Assets  (as reported)289
Total Current Assets  (calculated)289
+/-0
Long-term Assets
Property Plant Equipment 47
Long-term Assets Other 1,108
Long-term Assets  (as reported)1,156
Long-term Assets  (calculated)1,156
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,835
Long-term Liabilities0
Total Stockholder Equity-390
Total Current Liabilities
Short-term Debt 258
Short Long Term Debt 258
Accounts payable 485
Other Current Liabilities 1,092
Total Current Liabilities  (as reported)1,835
Total Current Liabilities  (calculated)2,092
+/- 258
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock28,267
Retained Earnings -30,917
Other Stockholders Equity 2,260
Total Stockholder Equity (as reported)-390
Total Stockholder Equity (calculated)-390
+/-0
Other
Capital Stock28,267
Cash And Equivalents270
Cash and Short Term Investments 270
Common Stock Shares Outstanding 309,537
Liabilities and Stockholders Equity 1,444
Net Debt -12
Net Invested Capital -132
Net Tangible Assets -390
Net Working Capital -1,546
Property Plant and Equipment Gross 1,392
Short Long Term Debt Total 258



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-30
> Total Assets 
8,058
7,511
7,678
4,044
7,240
8,738
5,012
2,554
2,063
1,747
1,283
696
338
888
1,479
1,713
1,444
1,4441,7131,4798883386961,2831,7472,0632,5545,0128,7387,2404,0447,6787,5118,058
   > Total Current Assets 
5,751
0
3,439
562
1,057
410
4,591
2,226
447
450
958
387
40
598
498
571
289
289571498598403879584504472,2264,5914101,0575623,43905,751
       Cash And Cash Equivalents 
5,746
4,894
3,194
444
626
16
50
772
357
306
719
56
14
570
491
16
270
27016491570145671930635777250166264443,1944,8945,746
       Net Receivables 
5
159
190
62
430
376
21
1,446
52
114
226
327
21
23
3
548
13
1354832321327226114521,44621376430621901595
       Other Current Assets 
0
60
55
56
0
18
4,519
9
38
30
14
4
5
5
4
7
18
187455414303894,5191805655600
   > Long-term Assets 
2,307
0
4,239
3,482
6,183
8,328
422
327
1,617
1,297
325
309
298
290
981
1,142
1,156
1,1561,1429812902983093251,2971,6173274228,3286,1833,4824,23902,307
       Property Plant Equipment 
2,307
2,398
4,239
3,482
6,183
8,328
422
327
317
297
325
309
298
20
68
60
47
476068202983093252973173274228,3286,1833,4824,2392,3982,307
       Other Assets 
0
0
0
0
0
0
0
0
1,300
1,000
0
0
0
0
0
0
0
00000001,0001,30000000000
> Total Liabilities 
19
82
277
531
737
9,648
9,322
6,156
5,877
5,918
3,723
3,786
4,656
5,387
3,245
5,266
1,835
1,8355,2663,2455,3874,6563,7863,7235,9185,8776,1569,3229,6487375312778219
   > Total Current Liabilities 
19
82
277
531
737
8,148
9,322
6,156
5,877
5,918
3,723
3,786
4,656
5,387
3,245
5,266
1,835
1,8355,2663,2455,3874,6563,7863,7235,9185,8776,1569,3228,1487375312778219
       Short-term Debt 
0
0
0
0
0
250
1,750
1,500
1,500
1,500
1,500
1,500
1,500
1,500
344
807
258
2588073441,5001,5001,5001,5001,5001,5001,5001,75025000000
       Short Long Term Debt 
0
0
0
0
0
0
2,000
1,500
1,500
1,500
1,500
1,500
1,500
1,500
344
807
258
2588073441,5001,5001,5001,5001,5001,5001,5002,000000000
       Accounts payable 
0
82
257
414
673
7,423
6,957
1,911
1,584
3,844
406
204
451
486
300
1,678
485
4851,6783004864512044063,8441,5841,9116,9577,423673414257820
       Other Current Liabilities 
0
0
20
117
64
475
616
489
538
573
617
2,081
2,705
3,401
2,601
2,781
1,092
1,0922,7812,6013,4012,7052,081617573538489616475641172000
   > Long-term Liabilities 
0
0
0
0
0
1,500
0
0
0
0
0
0
1,951
1,986
3,470
2,485
0
02,4853,4701,9861,9510000001,50000000
> Total Stockholder Equity
8,038
7,429
7,401
3,513
6,503
-909
-4,310
-3,602
-3,814
-4,170
-2,440
-3,089
-4,318
-4,499
-1,766
-3,553
-390
-390-3,553-1,766-4,499-4,318-3,089-2,440-4,170-3,814-3,602-4,310-9096,5033,5137,4017,4298,038
   Common Stock
7,578
7,902
9,854
10,771
17,112
18,890
18,884
18,884
18,884
18,884
18,884
18,884
19,877
19,877
24,059
24,059
28,267
28,26724,05924,05919,87719,87718,88418,88418,88418,88418,88418,88418,89017,11210,7719,8547,9027,578
   Retained Earnings -30,917-29,872-28,085-26,637-26,456-24,234-23,584-25,315-24,958-24,747-25,454-22,060-12,870-9,493-4,6880-1,315
   Accumulated Other Comprehensive Income 
1,775
0
2,235
2,235
2,260
2,260
2,260
2,260
2,260
2,260
2,260
2,260
2,260
2,260
2,260
2,260
2,260
2,2602,2602,2602,2602,2602,2602,2602,2602,2602,2602,2602,2602,2602,2352,23501,775
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue-
Cost of Revenue-12
Gross Profit-12-12
 
Operating Income (+$)
Gross Profit-12
Operating Expense-1,295
Operating Income-1,307-1,307
 
Operating Expense (+$)
Research Development-
Selling General Administrative1
Selling And Marketing Expenses1,294
Operating Expense1,2951,295
 
Net Interest Income (+$)
Interest Income1
Interest Expense-4
Other Finance Cost-0
Net Interest Income-2
 
Pretax Income (+$)
Operating Income-1,307
Net Interest Income-2
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-1,309-1,305
EBIT - interestExpense = -1,310
-1,309
-1,041
Interest Expense4
Earnings Before Interest and Taxes (EBIT)-1,307-1,305
Earnings Before Interest and Taxes (EBITDA)-1,295
 
After tax Income (+$)
Income Before Tax-1,309
Tax Provision-0
Net Income From Continuing Ops-1,045-1,309
Net Income-1,045
Net Income Applicable To Common Shares-1,045
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,307
Total Other Income/Expenses Net-22
 

Technical Analysis of Nex Metals Explorations Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nex Metals Explorations Ltd. The general trend of Nex Metals Explorations Ltd is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nex Metals Explorations Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Nex Metals Explorations Ltd.

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: 0.025 < 0.03 < 0.03.

The bearish price targets are: 0.023 > 0.023 > 0.023.

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Nex Metals Explorations Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Nex Metals Explorations Ltd. The current mas is .

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

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

Directionalities and relatives.

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

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

Nex Metals Explorations Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nex Metals Explorations Ltd. The current macd is 0.0005741.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nex Metals Explorations Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nex Metals Explorations Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Nex Metals Explorations Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Nex Metals Explorations Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNex Metals Explorations Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Nex Metals Explorations Ltd. The current adx is 13.11.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Nex Metals Explorations Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Nex Metals Explorations Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Nex Metals Explorations Ltd. The current sar is 0.0185851.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Nex Metals Explorations Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Nex Metals Explorations Ltd. The current rsi is 66.33. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Nex Metals Explorations Ltd Daily Relative Strength Index (RSI) ChartNex Metals Explorations Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Nex Metals Explorations Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 5/6.
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 > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nex Metals Explorations Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Nex Metals Explorations Ltd Daily Stochastic Oscillator ChartNex Metals Explorations Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Nex Metals Explorations Ltd. The current cci is 236.26.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Nex Metals Explorations Ltd Daily Commodity Channel Index (CCI) ChartNex Metals Explorations Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nex Metals Explorations Ltd. The current cmo is 53.38.

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
Nex Metals Explorations Ltd Daily Chande Momentum Oscillator (CMO) ChartNex Metals Explorations Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Nex Metals Explorations Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Nex Metals Explorations Ltd Daily Williams %R ChartNex Metals Explorations Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Nex Metals Explorations Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Nex Metals Explorations Ltd. The current atr is 0.00048195.

Nex Metals Explorations Ltd Daily Average True Range (ATR) ChartNex Metals Explorations Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Nex Metals Explorations Ltd. The current obv is 1,460,820.

Nex Metals Explorations Ltd Daily On-Balance Volume (OBV) ChartNex Metals Explorations Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Nex Metals Explorations Ltd. The current mfi is 0.30869261.

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
Nex Metals Explorations Ltd Daily Money Flow Index (MFI) ChartNex Metals Explorations Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nex Metals Explorations Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-12-07CCI 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).
2023-12-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).