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Norben Tea & Exports Limited
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Let's analyse Norben Tea & Exports Limited together

PenkeI guess you are interested in Norben Tea & Exports Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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

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

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Quick analysis of Norben Tea & Exports Limited (30 sec.)










What can you expect buying and holding a share of Norben Tea & Exports Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR12.64
Expected worth in 1 year
INR13.46
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
INR0.82
Return On Investment
6.3%

For what price can you sell your share?

Current Price per Share
INR13.00
Expected price per share
INR10.85 - INR15.95
How sure are you?
50%

1. Valuation of Norben Tea & Exports Limited (5 min.)




Live pricePrice per Share (EOD)

INR13.00

Intrinsic Value Per Share

INR-5.68 - INR-0.26

Total Value Per Share

INR6.95 - INR12.38

2. Growth of Norben Tea & Exports Limited (5 min.)




Is Norben Tea & Exports Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$1.7m$1.7m$28.9k1.6%

How much money is Norben Tea & Exports Limited making?

Current yearPrevious yearGrowGrow %
Making money$25.4k-$31.9k$57.3k225.7%
Net Profit Margin2.7%-4.5%--

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

3. Financial Health of Norben Tea & Exports Limited (5 min.)




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




  Industry Rankings (Farm Products)  


Richest
#233 / 247

Most Revenue
#228 / 247

Most Profit
#153 / 247

Most Efficient
#109 / 247

What can you expect buying and holding a share of Norben Tea & Exports Limited? (5 min.)

Welcome investor! Norben Tea & Exports Limited's management wants to use your money to grow the business. In return you get a share of Norben Tea & Exports Limited.

What can you expect buying and holding a share of Norben Tea & Exports Limited?

First you should know what it really means to hold a share of Norben Tea & Exports Limited. And how you can make/lose money.

Speculation

The Price per Share of Norben Tea & Exports Limited is INR13.00. 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 Norben Tea & Exports Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR12.64. Based on the TTM, the Book Value Change Per Share is INR0.21 per quarter. Based on the YOY, the Book Value Change Per Share is INR-0.18 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Norben Tea & Exports Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share0.10-0.10-0.08-0.07-0.08-
Price to Earnings Ratio44.37-44.37--28.45-1.05-125.99-
Price-to-Total Gains Ratio38.92-38.92--34.94--1.23--45.66-
Price to Book Ratio0.63-0.63-0.52-0.46-0.48-
Price-to-Total Gains Ratio38.92-38.92--34.94--1.23--45.66-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.156
Number of shares6410
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (6410 shares)15.81-11.98
Gains per Year (6410 shares)63.24-47.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1063530-48-58
201261160-96-106
301901790-144-154
402532420-192-202
503163050-240-250
603793680-288-298
704434310-335-346
805064940-383-394
905695570-431-442
1006326200-479-490

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%2.01.00.066.7%2.03.00.040.0%6.04.00.060.0%11.04.00.073.3%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%6.04.00.060.0%10.05.00.066.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.015.00.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%6.04.00.060.0%10.05.00.066.7%

Fundamentals of Norben Tea & Exports Limited

About Norben Tea & Exports Limited

Norben Tea & Exports Limited engages in the growing, manufacturing, and marketing of tea in India. The company offers Indian teas, flavor teas, green teas, and teabags. It also exports its products. The company was incorporated in 1990 and is based in Kolkata, India.

Fundamental data was last updated by Penke on 2024-03-23 15:18:02.

Financial Health

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

Valuation

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

1.1. Profitability of Norben Tea & Exports Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Norben Tea & Exports Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Norben Tea & Exports Limited to the Farm Products industry mean.
  • A Net Profit Margin of 2.7% means that ₹0.03 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Norben Tea & Exports Limited:

  • The MRQ is 2.7%. The company is making a profit. +1
  • The TTM is 2.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM2.7%0.0%
TTM2.7%YOY-4.5%+7.2%
TTM2.7%5Y-5.6%+8.3%
5Y-5.6%10Y-1.7%-3.9%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7%1.7%+1.0%
TTM2.7%1.7%+1.0%
YOY-4.5%3.4%-7.9%
5Y-5.6%2.1%-7.7%
10Y-1.7%2.8%-4.5%
1.1.2. Return on Assets

Shows how efficient Norben Tea & Exports Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Norben Tea & Exports Limited to the Farm Products industry mean.
  • 0.8% Return on Assets means that Norben Tea & Exports Limited generated ₹0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Norben Tea & Exports Limited:

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.8%0.0%
TTM0.8%YOY-1.1%+1.9%
TTM0.8%5Y-0.8%+1.7%
5Y-0.8%10Y-0.2%-0.7%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%0.5%+0.3%
TTM0.8%0.6%+0.2%
YOY-1.1%1.2%-2.3%
5Y-0.8%0.7%-1.5%
10Y-0.2%1.0%-1.2%
1.1.3. Return on Equity

Shows how efficient Norben Tea & Exports Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Norben Tea & Exports Limited to the Farm Products industry mean.
  • 1.4% Return on Equity means Norben Tea & Exports Limited generated ₹0.01 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Norben Tea & Exports Limited:

  • The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.4%0.0%
TTM1.4%YOY-1.8%+3.3%
TTM1.4%5Y-1.4%+2.9%
5Y-1.4%10Y-0.4%-1.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%1.0%+0.4%
TTM1.4%1.4%+0.0%
YOY-1.8%2.3%-4.1%
5Y-1.4%1.4%-2.8%
10Y-0.4%1.9%-2.3%

1.2. Operating Efficiency of Norben Tea & Exports Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Norben Tea & Exports Limited is operating .

  • Measures how much profit Norben Tea & Exports Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Norben Tea & Exports Limited to the Farm Products industry mean.
  • An Operating Margin of 15.0% means the company generated ₹0.15  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Norben Tea & Exports Limited:

  • The MRQ is 15.0%. The company is operating less efficient.
  • The TTM is 15.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ15.0%TTM15.0%0.0%
TTM15.0%YOY7.7%+7.3%
TTM15.0%5Y7.8%+7.2%
5Y7.8%10Y9.5%-1.8%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ15.0%2.7%+12.3%
TTM15.0%2.1%+12.9%
YOY7.7%4.9%+2.8%
5Y7.8%4.0%+3.8%
10Y9.5%3.4%+6.1%
1.2.2. Operating Ratio

Measures how efficient Norben Tea & Exports Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm Products industry mean).
  • An Operation Ratio of 0.85 means that the operating costs are ₹0.85 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Norben Tea & Exports Limited:

  • The MRQ is 0.854. The company is less efficient in keeping operating costs low.
  • The TTM is 0.854. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.854TTM0.8540.000
TTM0.854YOY0.935-0.080
TTM0.8545Y0.951-0.097
5Y0.95110Y0.981-0.030
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8541.604-0.750
TTM0.8541.550-0.696
YOY0.9351.448-0.513
5Y0.9511.530-0.579
10Y0.9811.244-0.263

1.3. Liquidity of Norben Tea & Exports Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Norben Tea & Exports Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Farm Products industry mean).
  • A Current Ratio of 0.50 means the company has ₹0.50 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Norben Tea & Exports Limited:

  • The MRQ is 0.498. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.498. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.498TTM0.4980.000
TTM0.498YOY0.427+0.071
TTM0.4985Y0.411+0.087
5Y0.41110Y0.668-0.257
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4981.577-1.079
TTM0.4981.611-1.113
YOY0.4271.687-1.260
5Y0.4111.696-1.285
10Y0.6681.468-0.800
1.3.2. Quick Ratio

Measures if Norben Tea & Exports Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Norben Tea & Exports Limited to the Farm Products industry mean.
  • A Quick Ratio of 0.32 means the company can pay off ₹0.32 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Norben Tea & Exports Limited:

  • The MRQ is 0.324. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.324. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.324TTM0.3240.000
TTM0.324YOY0.211+0.113
TTM0.3245Y0.245+0.079
5Y0.24510Y0.388-0.142
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3240.419-0.095
TTM0.3240.460-0.136
YOY0.2110.567-0.356
5Y0.2450.578-0.333
10Y0.3880.577-0.189

1.4. Solvency of Norben Tea & Exports Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Norben Tea & Exports Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Norben Tea & Exports Limited to Farm Products industry mean.
  • A Debt to Asset Ratio of 0.42 means that Norben Tea & Exports Limited assets are financed with 42.2% credit (debt) and the remaining percentage (100% - 42.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Norben Tea & Exports Limited:

  • The MRQ is 0.422. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.422. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.422TTM0.4220.000
TTM0.422YOY0.394+0.029
TTM0.4225Y0.378+0.044
5Y0.37810Y0.297+0.081
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4220.492-0.070
TTM0.4220.493-0.071
YOY0.3940.488-0.094
5Y0.3780.489-0.111
10Y0.2970.480-0.183
1.4.2. Debt to Equity Ratio

Measures if Norben Tea & Exports Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Norben Tea & Exports Limited to the Farm Products industry mean.
  • A Debt to Equity ratio of 73.2% means that company has ₹0.73 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Norben Tea & Exports Limited:

  • The MRQ is 0.732. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.732. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.732TTM0.7320.000
TTM0.732YOY0.650+0.082
TTM0.7325Y0.613+0.119
5Y0.61310Y0.446+0.166
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7320.931-0.199
TTM0.7320.978-0.246
YOY0.6500.960-0.310
5Y0.6131.021-0.408
10Y0.4461.062-0.616

2. Market Valuation of Norben Tea & Exports Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Norben Tea & Exports Limited generates.

  • Above 15 is considered overpriced but always compare Norben Tea & Exports Limited to the Farm Products industry mean.
  • A PE ratio of 44.37 means the investor is paying ₹44.37 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Norben Tea & Exports Limited:

  • The EOD is 72.101. Based on the earnings, the company is expensive. -2
  • The MRQ is 44.370. Based on the earnings, the company is overpriced. -1
  • The TTM is 44.370. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD72.101MRQ44.370+27.731
MRQ44.370TTM44.3700.000
TTM44.370YOY-28.452+72.822
TTM44.3705Y1.052+43.317
5Y1.05210Y125.991-124.939
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD72.1016.644+65.457
MRQ44.3707.386+36.984
TTM44.3707.351+37.019
YOY-28.4526.965-35.417
5Y1.0527.950-6.898
10Y125.99112.928+113.063
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Norben Tea & Exports Limited:

  • The EOD is -29.477. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -18.140. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -18.140. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-29.477MRQ-18.140-11.337
MRQ-18.140TTM-18.1400.000
TTM-18.140YOY-11.310-6.830
TTM-18.1405Y-8.286-9.853
5Y-8.28610Y-6.619-1.667
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD-29.4771.830-31.307
MRQ-18.1401.901-20.041
TTM-18.140-0.333-17.807
YOY-11.310-0.462-10.848
5Y-8.286-1.941-6.345
10Y-6.619-1.618-5.001
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Norben Tea & Exports Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Farm Products industry mean).
  • A PB ratio of 0.63 means the investor is paying ₹0.63 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Norben Tea & Exports Limited:

  • The EOD is 1.029. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.633. Based on the equity, the company is cheap. +2
  • The TTM is 0.633. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.029MRQ0.633+0.396
MRQ0.633TTM0.6330.000
TTM0.633YOY0.519+0.114
TTM0.6335Y0.465+0.168
5Y0.46510Y0.484-0.019
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD1.0291.295-0.266
MRQ0.6331.374-0.741
TTM0.6331.380-0.747
YOY0.5191.650-1.131
5Y0.4651.760-1.295
10Y0.4842.132-1.648
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Norben Tea & Exports Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2060.2060%-0.185+190%-0.156+176%-0.044+121%
Book Value Per Share--12.63812.6380%12.432+2%12.471+1%12.893-2%
Current Ratio--0.4980.4980%0.427+17%0.411+21%0.668-25%
Debt To Asset Ratio--0.4220.4220%0.394+7%0.378+12%0.297+42%
Debt To Equity Ratio--0.7320.7320%0.650+13%0.613+19%0.446+64%
Dividend Per Share----0%-0%-0%-0%
Eps--0.1800.1800%-0.227+226%-0.159+188%-0.051+128%
Free Cash Flow Per Share---0.441-0.4410%-0.570+29%-0.206-53%-0.254-42%
Free Cash Flow To Equity Per Share--0.0070.0070%-0.171+2577%-0.094+1468%-0.069+1099%
Gross Profit Margin--0.6920.6920%1.243-44%1.081-36%0.503+37%
Intrinsic Value_10Y_max---0.259--------
Intrinsic Value_10Y_min---5.685--------
Intrinsic Value_1Y_max---0.021--------
Intrinsic Value_1Y_min---0.337--------
Intrinsic Value_3Y_max---0.067--------
Intrinsic Value_3Y_min---1.219--------
Intrinsic Value_5Y_max---0.117--------
Intrinsic Value_5Y_min---2.323--------
Market Cap152750000.000+38%94000000.00094000000.0000%75787500.000+24%68412840.000+37%73627670.000+28%
Net Profit Margin--0.0270.0270%-0.045+264%-0.056+306%-0.017+162%
Operating Margin--0.1500.1500%0.077+95%0.078+93%0.095+57%
Operating Ratio--0.8540.8540%0.935-9%0.951-10%0.981-13%
Pb Ratio1.029+38%0.6330.6330%0.519+22%0.465+36%0.484+31%
Pe Ratio72.101+38%44.37044.3700%-28.452+164%1.052+4116%125.991-65%
Price Per Share13.000+38%8.0008.0000%6.450+24%5.820+37%6.265+28%
Price To Free Cash Flow Ratio-29.477-63%-18.140-18.1400%-11.310-38%-8.286-54%-6.619-64%
Price To Total Gains Ratio63.251+38%38.92338.9230%-34.938+190%-1.226+103%-45.658+217%
Quick Ratio--0.3240.3240%0.211+54%0.245+32%0.388-16%
Return On Assets--0.0080.0080%-0.011+234%-0.008+203%-0.002+123%
Return On Equity--0.0140.0140%-0.018+228%-0.014+200%-0.004+130%
Total Gains Per Share--0.2060.2060%-0.185+190%-0.156+176%-0.044+121%
Usd Book Value--1781916.0001781916.0000%1752936.000+2%1759075.893+1%1818324.486-2%
Usd Book Value Change Per Share--0.0020.0020%-0.002+190%-0.002+176%-0.001+121%
Usd Book Value Per Share--0.1520.1520%0.149+2%0.150+1%0.155-2%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0020.0020%-0.003+226%-0.002+188%-0.001+128%
Usd Free Cash Flow---62184.000-62184.0000%-80412.000+29%-28945.218-53%-35734.759-43%
Usd Free Cash Flow Per Share---0.005-0.0050%-0.007+29%-0.002-53%-0.003-42%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%-0.002+2577%-0.001+1468%-0.001+1099%
Usd Market Cap1833000.000+38%1128000.0001128000.0000%909450.000+24%820954.080+37%883532.040+28%
Usd Price Per Share0.156+38%0.0960.0960%0.077+24%0.070+37%0.075+28%
Usd Profit--25422.66025422.6600%-31968.000+226%-22397.653+188%-5883.514+123%
Usd Revenue--933072.000933072.0000%716040.000+30%743818.112+25%626428.554+49%
Usd Total Gains Per Share--0.0020.0020%-0.002+190%-0.002+176%-0.001+121%
 EOD+5 -3MRQTTM+0 -0YOY+28 -65Y+25 -910Y+22 -12

3.2. Fundamental Score

Let's check the fundamental score of Norben Tea & Exports Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1572.101
Price to Book Ratio (EOD)Between0-11.029
Net Profit Margin (MRQ)Greater than00.027
Operating Margin (MRQ)Greater than00.150
Quick Ratio (MRQ)Greater than10.324
Current Ratio (MRQ)Greater than10.498
Debt to Asset Ratio (MRQ)Less than10.422
Debt to Equity Ratio (MRQ)Less than10.732
Return on Equity (MRQ)Greater than0.150.014
Return on Assets (MRQ)Greater than0.050.008
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Norben Tea & Exports Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.644
Ma 20Greater thanMa 5013.048
Ma 50Greater thanMa 10012.294
Ma 100Greater thanMa 20012.031
OpenGreater thanClose13.500
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets257,126
Total Liabilities108,633
Total Stockholder Equity148,493
 As reported
Total Liabilities 108,633
Total Stockholder Equity+ 148,493
Total Assets = 257,126

Assets

Total Assets257,126
Total Current Assets22,518
Long-term Assets234,608
Total Current Assets
Cash And Cash Equivalents 1,809
Short-term Investments 5,019
Net Receivables 2,799
Inventory 12,691
Other Current Assets 200
Total Current Assets  (as reported)22,518
Total Current Assets  (calculated)22,518
+/-0
Long-term Assets
Property Plant Equipment 218,572
Other Assets 16,037
Long-term Assets  (as reported)234,608
Long-term Assets  (calculated)234,609
+/- 1

Liabilities & Shareholders' Equity

Total Current Liabilities45,215
Long-term Liabilities63,418
Total Stockholder Equity148,493
Total Current Liabilities
Short-term Debt 32,548
Short Long Term Debt 32,548
Accounts payable 3,445
Other Current Liabilities 4,847
Total Current Liabilities  (as reported)45,215
Total Current Liabilities  (calculated)73,388
+/- 28,173
Long-term Liabilities
Long term Debt 57,963
Other Liabilities 5,455
Deferred Long Term Liability 2,400
Long-term Liabilities  (as reported)63,418
Long-term Liabilities  (calculated)65,818
+/- 2,400
Total Stockholder Equity
Common Stock117,500
Retained Earnings 15
Accumulated Other Comprehensive Income 27,725
Other Stockholders Equity 3,253
Total Stockholder Equity (as reported)148,493
Total Stockholder Equity (calculated)148,493
+/-0
Other
Capital Stock117,500
Cash and Short Term Investments 6,828
Common Stock Shares Outstanding 11,750
Current Deferred Revenue4,375
Liabilities and Stockholders Equity 257,126
Net Debt 88,702
Net Invested Capital 239,004
Net Tangible Assets 148,493
Net Working Capital -22,697
Property Plant and Equipment Gross 218,572
Short Long Term Debt Total 90,511



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-31
> Total Assets 
175,568
176,467
179,009
175,297
177,960
181,717
190,151
198,506
210,395
220,840
226,476
226,611
229,650
240,959
257,126
257,126240,959229,650226,611226,476220,840210,395198,506190,151181,717177,960175,297179,009176,467175,568
   > Total Current Assets 
15,438
23,196
20,372
21,765
20,023
21,978
24,675
25,832
27,143
20,611
18,682
15,779
13,465
17,060
22,518
22,51817,06013,46515,77918,68220,61127,14325,83224,67521,97820,02321,76520,37223,19615,438
       Cash And Cash Equivalents 
1,679
1,076
1,571
3,584
3,434
2,290
2,992
3,307
1,320
1,043
316
1,179
1,436
324
1,809
1,8093241,4361,1793161,0431,3203,3072,9922,2903,4343,5841,5711,0761,679
       Short-term Investments 
0
0
0
24
24
24
24
24
24
49
40
21
2,703
2,580
5,019
5,0192,5802,703214049242424242424000
       Net Receivables 
0
0
0
0
0
9,716
10,418
13,689
13,506
10,487
9,727
7,471
2,907
2,943
2,799
2,7992,9432,9077,4719,72710,48713,50613,68910,4189,71600000
       Inventory 
916
3,129
3,290
5,452
5,455
5,772
7,225
6,870
8,267
7,886
7,706
6,101
5,353
10,587
12,691
12,69110,5875,3536,1017,7067,8868,2676,8707,2255,7725,4555,4523,2903,129916
       Other Current Assets 
12,843
18,991
15,511
12,705
11,110
13,892
14,434
15,631
17,532
11,633
10,621
8,478
1,066
626
200
2006261,0668,47810,62111,63317,53215,63114,43413,89211,11012,70515,51118,99112,843
   > Long-term Assets 
160,130
153,271
158,637
153,532
157,937
159,739
165,476
172,674
183,252
200,229
207,794
210,833
216,185
223,899
234,608
234,608223,899216,185210,833207,794200,229183,252172,674165,476159,739157,937153,532158,637153,271160,130
       Property Plant Equipment 
131,612
130,659
137,402
140,573
146,049
149,685
156,245
163,352
112,530
184,327
191,344
194,659
201,881
209,170
218,572
218,572209,170201,881194,659191,344184,327112,530163,352156,245149,685146,049140,573137,402130,659131,612
       Long Term Investments 
0
0
0
0
0
0
0
0
0
715
715
0
0
0
0
0000715715000000000
       Long-term Assets Other 
158
24
524
150
150
175
150
150
61,658
5,955
6,938
7,277
6,171
8,130
9,964
9,9648,1306,1717,2776,9385,95561,65815015017515015052424158
> Total Liabilities 
42,906
33,281
30,606
27,157
24,313
27,677
33,860
41,884
52,670
63,195
73,445
89,816
81,100
94,881
108,633
108,63394,88181,10089,81673,44563,19552,67041,88433,86027,67724,31327,15730,60633,28142,906
   > Total Current Liabilities 
8,837
8,259
6,208
17,449
19,275
21,787
24,038
26,901
28,838
30,028
68,960
34,674
33,133
39,963
45,215
45,21539,96333,13334,67468,96030,02828,83826,90124,03821,78719,27517,4496,2088,2598,837
       Short-term Debt 
1
0
0
13,631
15,875
17,687
19,166
20,321
24,577
24,920
63,886
24,609
22,741
27,287
32,548
32,54827,28722,74124,60963,88624,92024,57720,32119,16617,68715,87513,631001
       Short Long Term Debt 
0
0
0
0
0
22,277
800
1,545
24,577
24,920
63,886
24,609
22,741
27,287
32,548
32,54827,28722,74124,60963,88624,92024,5771,54580022,27700000
       Accounts payable 
0
0
0
3,809
3,397
2,939
2,530
2,715
2,294
2,557
2,012
4,520
4,952
4,862
3,445
3,4454,8624,9524,5202,0122,5572,2942,7152,5302,9393,3973,809000
       Other Current Liabilities 
8,836
8,259
6,208
9
3
1,161
2,342
3,865
1,967
2,551
182
105
2,470
4,082
4,847
4,8474,0822,4701051822,5511,9673,8652,3421,161396,2088,2598,836
   > Long-term Liabilities 
34,069
25,022
24,399
9,708
5,038
5,890
9,822
14,983
23,832
33,168
4,485
55,141
47,967
54,918
63,418
63,41854,91847,96755,1414,48533,16823,83214,9839,8225,8905,0389,70824,39925,02234,069
       Other Liabilities 
0
0
0
0
0
2,250
2,724
3,404
2,849
3,150
3,526
3,953
4,429
5,273
5,455
5,4555,2734,4293,9533,5263,1502,8493,4042,7242,25000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,400
2,40000000000000000
> Total Stockholder Equity
132,662
143,186
148,403
148,140
153,647
154,040
156,291
156,622
157,725
157,644
153,031
136,796
148,550
146,078
148,493
148,493146,078148,550136,796153,031157,644157,725156,622156,291154,040153,647148,140148,403143,186132,662
   Common Stock
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500
117,500117,500117,500117,500117,500117,500117,500117,500117,500117,500117,500117,500117,500117,500117,500
   Retained Earnings 
10,659
13,183
11,400
11,137
16,644
17,037
16,788
17,119
10,722
10,642
6,029
-10,207
1,547
-925
15
15-9251,547-10,2076,02910,64210,72217,11916,78817,03716,64411,13711,40013,18310,659
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
4,503
12,503
19,503
19,503
19,503
19,503
22,003
22,003
29,503
29,503
29,503
0
1
0
3,253
3,25301029,50329,50329,50322,00322,00319,50319,50319,50319,50312,5034,503



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue77,756
Cost of Revenue--1,138
Gross Profit78,89478,894
 
Operating Income (+$)
Gross Profit78,894
Operating Expense-67,549
Operating Income11,63411,345
 
Operating Expense (+$)
Research Development0
Selling General Administrative670
Selling And Marketing Expenses653
Operating Expense67,5491,323
 
Net Interest Income (+$)
Interest Income207
Interest Expense-8,258
Other Finance Cost-207
Net Interest Income-8,258
 
Pretax Income (+$)
Operating Income11,634
Net Interest Income-8,258
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,37619,892
EBIT - interestExpense = 3,376
3,376
10,377
Interest Expense8,258
Earnings Before Interest and Taxes (EBIT)11,63411,634
Earnings Before Interest and Taxes (EBITDA)17,119
 
After tax Income (+$)
Income Before Tax3,376
Tax Provision-1,257
Net Income From Continuing Ops2,1192,119
Net Income2,119
Net Income Applicable To Common Shares2,119
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses66,411
Total Other Income/Expenses Net-8,2588,258
 

Technical Analysis of Norben Tea & Exports Limited
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Norben Tea & Exports Limited. The general trend of Norben Tea & Exports Limited 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 Norben Tea & Exports Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (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 Norben Tea & Exports Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 15.95.

The bearish price targets are: 11.90 > 11.05 > 10.85.

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Norben Tea & Exports Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Norben Tea & Exports Limited. 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 below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Norben Tea & Exports Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Norben Tea & Exports Limited. The current macd is 0.4784475.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Norben Tea & Exports Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Norben Tea & Exports Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Norben Tea & Exports Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Norben Tea & Exports Limited Daily Moving Average Convergence/Divergence (MACD) ChartNorben Tea & Exports Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Norben Tea & Exports Limited. The current adx is 22.34.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Norben Tea & Exports Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Norben Tea & Exports Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Norben Tea & Exports Limited. The current sar is 12.57.

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
Norben Tea & Exports Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Norben Tea & Exports Limited. The current rsi is 50.64. 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 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Norben Tea & Exports Limited Daily Relative Strength Index (RSI) ChartNorben Tea & Exports Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Norben Tea & Exports Limited. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Norben Tea & Exports Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Norben Tea & Exports Limited Daily Stochastic Oscillator ChartNorben Tea & Exports Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Norben Tea & Exports Limited. The current cci is 5.51734856.

Norben Tea & Exports Limited Daily Commodity Channel Index (CCI) ChartNorben Tea & Exports Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Norben Tea & Exports Limited. The current cmo is -6.0490859.

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
Norben Tea & Exports Limited Daily Chande Momentum Oscillator (CMO) ChartNorben Tea & Exports Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Norben Tea & Exports Limited. The current willr is -56.32183908.

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 Norben Tea & Exports Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Norben Tea & Exports Limited Daily Williams %R ChartNorben Tea & Exports Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Norben Tea & Exports Limited.

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

Score

Let's take a look at the Average True Range (ATR) of Norben Tea & Exports Limited. The current atr is 0.86324931.

Norben Tea & Exports Limited Daily Average True Range (ATR) ChartNorben Tea & Exports Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Norben Tea & Exports Limited. The current obv is 323,195.

Norben Tea & Exports Limited Daily On-Balance Volume (OBV) ChartNorben Tea & Exports Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Norben Tea & Exports Limited. The current mfi is 69.00.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Norben Tea & Exports Limited Daily Money Flow Index (MFI) ChartNorben Tea & Exports Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Norben Tea & Exports Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20MACD 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01DMI 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.
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09DMI 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.
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-23MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15MACD 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.
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Norben Tea & Exports Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Norben Tea & Exports Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.644
Ma 20Greater thanMa 5013.048
Ma 50Greater thanMa 10012.294
Ma 100Greater thanMa 20012.031
OpenGreater thanClose13.500
Total5/5 (100.0%)
Penke

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