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Novatti Group Ltd
Buy, Hold or Sell?

Let's analyse Novatti together

PenkeI guess you are interested in Novatti Group 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 Novatti Group 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 Novatti (30 sec.)










What can you expect buying and holding a share of Novatti? (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?
20.0%

What is your share worth?

Current worth
A$0.04
Expected worth in 1 year
A$-0.20
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$-0.24
Return On Investment
-385.7%

For what price can you sell your share?

Current Price per Share
A$0.06
Expected price per share
A$0.052 - A$0.07
How sure are you?
50%

1. Valuation of Novatti (5 min.)




Live pricePrice per Share (EOD)

A$0.06

Intrinsic Value Per Share

A$-0.12 - A$0.06

Total Value Per Share

A$-0.08 - A$0.10

2. Growth of Novatti (5 min.)




Is Novatti growing?

Current yearPrevious yearGrowGrow %
How rich?$9.9m$23.6m-$13.6m-136.8%

How much money is Novatti making?

Current yearPrevious yearGrowGrow %
Making money-$16.9m-$10.7m-$6.2m-36.8%
Net Profit Margin-67.5%-51.1%--

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

3. Financial Health of Novatti (5 min.)




What can you expect buying and holding a share of Novatti? (5 min.)

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

What can you expect buying and holding a share of Novatti?

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

Speculation

The Price per Share of Novatti is A$0.062. 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 Novatti.
  • 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 Novatti, 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$0.04. Based on the TTM, the Book Value Change Per Share is A$-0.06 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.08 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 Novatti.

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 Eps-0.05-77.3%-0.05-77.3%-0.03-48.9%-0.03-41.5%-0.02-24.8%
Usd Book Value Change Per Share-0.04-62.2%-0.04-62.2%0.0581.6%0.004.0%0.004.6%
Usd Dividend Per Share0.000.0%0.000.0%0.07108.3%0.0122.3%0.0111.1%
Usd Total Gains Per Share-0.04-62.2%-0.04-62.2%0.12189.9%0.0226.2%0.0115.8%
Usd Price Per Share0.08-0.08-0.10-0.18-0.12-
Price to Earnings Ratio-1.61--1.61--3.30--9.18--10.28-
Price-to-Total Gains Ratio-2.01--2.01-0.85--6.09--6.37-
Price to Book Ratio2.75-2.75-1.50--37.35--14.83-
Price-to-Total Gains Ratio-2.01--2.01-0.85--6.09--6.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0400024
Number of shares24998
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share-0.040.00
Usd Total Gains Per Share-0.040.02
Gains per Quarter (24998 shares)-964.35406.49
Gains per Year (24998 shares)-3,857.401,625.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-3857-386713812451616
20-7715-772427624903242
30-11572-1158141427354868
40-15430-1543855239816494
50-19287-19295690412268120
60-23144-23152828514719746
70-27002-270099666171611372
80-30859-3086611046196112998
90-34717-3472312427220614624
100-38574-3858013808245216250

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%0.010.00.00.0%0.010.01.00.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%2.03.00.040.0%5.05.00.050.0%5.06.00.045.5%
Dividend per Share0.00.01.00.0%1.00.02.033.3%2.00.03.040.0%2.00.08.020.0%2.00.09.018.2%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%2.03.00.040.0%5.05.00.050.0%5.06.00.045.5%

Fundamentals of Novatti

About Novatti Group Ltd

Novatti Group Limited operates as a fintech company worldwide. It operates through Technology, Business Automation, Acquiring, Alternative Payments, Banking Services, Issuing, and ATX Payments segments. The Technology segment develops, deploys, and supports mobile and alternate payment technology, primarily through the deployment of the Novatti platform; and provides billing and CIS solutions to service providers in the utility industry. The Business Automation segment automates business processes, including customer engagement, billing, collections, subscription management, and embedded payments. The Acquiring segment enables businesses to accept payments online for e-commerce with a focus on mobile point-of-sales. The Alternative Payments segment offers bill payments for international and local university and college students. The Banking Services offers banking services to customers with a focus on the migrant demographic; and alternative payment method in the form of a prepaid cash voucher. The Issuing segment provides digital and physical prepaid, gift, and debit cards for fintechs and commercial enterprises. The ATX Payments segment offers payments network across Malaysia. Novatti Group Limited was incorporated in 2015 and is based in Melbourne, Australia.

Fundamental data was last updated by Penke on 2024-04-04 20:47:03.

Financial Health

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

Valuation

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

1.1. Profitability of Novatti Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Novatti earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Novatti to the Software - Infrastructure industry mean.
  • A Net Profit Margin of -67.5% means that $-0.67 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Novatti Group Ltd:

  • The MRQ is -67.5%. The company is making a huge loss. -2
  • The TTM is -67.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-67.5%TTM-67.5%0.0%
TTM-67.5%YOY-51.1%-16.4%
TTM-67.5%5Y-69.7%+2.2%
5Y-69.7%10Y-81.6%+11.8%
1.1.2. Return on Assets

Shows how efficient Novatti is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Novatti to the Software - Infrastructure industry mean.
  • -18.1% Return on Assets means that Novatti generated $-0.18 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Novatti Group Ltd:

  • The MRQ is -18.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -18.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-18.1%TTM-18.1%0.0%
TTM-18.1%YOY-15.0%-3.1%
TTM-18.1%5Y-23.0%+4.9%
5Y-23.0%10Y-36.5%+13.5%
1.1.3. Return on Equity

Shows how efficient Novatti is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Novatti to the Software - Infrastructure industry mean.
  • -208.6% Return on Equity means Novatti generated $-2.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Novatti Group Ltd:

  • The MRQ is -208.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -208.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-208.6%TTM-208.6%0.0%
TTM-208.6%YOY-45.4%-163.3%
TTM-208.6%5Y-101.1%-107.6%
5Y-101.1%10Y-94.5%-6.6%

1.2. Operating Efficiency of Novatti Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Novatti is operating .

  • Measures how much profit Novatti 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 Novatti to the Software - Infrastructure industry mean.
  • An Operating Margin of -65.5% means the company generated $-0.65  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Novatti Group Ltd:

  • The MRQ is -65.5%. The company is operating very inefficient. -2
  • The TTM is -65.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-65.5%TTM-65.5%0.0%
TTM-65.5%YOY-68.1%+2.6%
TTM-65.5%5Y-61.8%-3.7%
5Y-61.8%10Y-76.9%+15.1%
1.2.2. Operating Ratio

Measures how efficient Novatti is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 1.65 means that the operating costs are $1.65 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Novatti Group Ltd:

  • The MRQ is 1.655. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.655. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.655TTM1.6550.000
TTM1.655YOY1.681-0.026
TTM1.6555Y1.854-0.199
5Y1.85410Y2.223-0.370

1.3. Liquidity of Novatti Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Novatti is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 1.01 means the company has $1.01 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Novatti Group Ltd:

  • The MRQ is 1.014. The company is just able to pay all its short-term debts.
  • The TTM is 1.014. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.014TTM1.0140.000
TTM1.014YOY0.951+0.063
TTM1.0145Y0.975+0.038
5Y0.97510Y2.219-1.244
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Novatti to the Software - Infrastructure industry mean.
  • A Quick Ratio of 1.79 means the company can pay off $1.79 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Novatti Group Ltd:

  • The MRQ is 1.788. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.788. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.788TTM1.7880.000
TTM1.788YOY1.673+0.115
TTM1.7885Y1.484+0.304
5Y1.48410Y2.419-0.935

1.4. Solvency of Novatti Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Novatti assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Novatti to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.89 means that Novatti assets are financed with 89.4% credit (debt) and the remaining percentage (100% - 89.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Novatti Group Ltd:

  • The MRQ is 0.894. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.894. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.894TTM0.8940.000
TTM0.894YOY0.670+0.224
TTM0.8945Y0.814+0.080
5Y0.81410Y0.578+0.236
1.4.2. Debt to Equity Ratio

Measures if Novatti is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Novatti to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 1,032.2% means that company has $10.32 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Novatti Group Ltd:

  • The MRQ is 10.322. The company is unable to pay all its debts with equity. -1
  • The TTM is 10.322. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ10.322TTM10.3220.000
TTM10.322YOY2.029+8.293
TTM10.3225Y4.395+5.927
5Y4.39510Y2.495+1.900

2. Market Valuation of Novatti Group 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 Novatti generates.

  • Above 15 is considered overpriced but always compare Novatti to the Software - Infrastructure industry mean.
  • A PE ratio of -1.61 means the investor is paying $-1.61 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Novatti Group Ltd:

  • The EOD is -0.834. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.615. Based on the earnings, the company is expensive. -2
  • The TTM is -1.615. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.834MRQ-1.615+0.780
MRQ-1.615TTM-1.6150.000
TTM-1.615YOY-3.300+1.685
TTM-1.6155Y-9.179+7.565
5Y-9.17910Y-10.281+1.101
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Novatti Group Ltd:

  • The EOD is 21.839. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 42.269. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 42.269. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD21.839MRQ42.269-20.430
MRQ42.269TTM42.2690.000
TTM42.269YOY-4.063+46.332
TTM42.2695Y-13.309+55.578
5Y-13.30910Y-11.561-1.748
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 2.75 means the investor is paying $2.75 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Novatti Group Ltd:

  • The EOD is 1.418. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.745. Based on the equity, the company is underpriced. +1
  • The TTM is 2.745. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.418MRQ2.745-1.327
MRQ2.745TTM2.7450.000
TTM2.745YOY1.498+1.248
TTM2.7455Y-37.352+40.097
5Y-37.35210Y-14.834-22.518
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Novatti Group Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Novatti Group 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---0.060-0.0600%0.078-176%0.004-1673%0.004-1448%
Book Value Per Share--0.0440.0440%0.104-58%0.038+16%0.026+69%
Current Ratio--1.0141.0140%0.951+7%0.975+4%2.219-54%
Debt To Asset Ratio--0.8940.8940%0.670+33%0.814+10%0.578+55%
Debt To Equity Ratio--10.32210.3220%2.029+409%4.395+135%2.495+314%
Dividend Per Share----0%0.104-100%0.021-100%0.011-100%
Eps---0.074-0.0740%-0.047-37%-0.040-46%-0.024-68%
Free Cash Flow Per Share--0.0030.0030%-0.038+1444%-0.013+570%-0.010+453%
Free Cash Flow To Equity Per Share--0.0390.0390%0.065-40%0.026+50%0.015+169%
Gross Profit Margin--1.0391.0390%1.017+2%1.039+0%1.039+0%
Intrinsic Value_10Y_max--0.059--------
Intrinsic Value_10Y_min---0.120--------
Intrinsic Value_1Y_max---0.007--------
Intrinsic Value_1Y_min---0.016--------
Intrinsic Value_3Y_max---0.010--------
Intrinsic Value_3Y_min---0.046--------
Intrinsic Value_5Y_max---0.002--------
Intrinsic Value_5Y_min---0.071--------
Market Cap21948000.000-94%42480000.00042480000.0000%54870000.000-23%98412000.000-57%66102420.000-36%
Net Profit Margin---0.675-0.6750%-0.511-24%-0.697+3%-0.816+21%
Operating Margin---0.655-0.6550%-0.681+4%-0.618-6%-0.769+17%
Operating Ratio--1.6551.6550%1.681-2%1.854-11%2.223-26%
Pb Ratio1.418-94%2.7452.7450%1.498+83%-37.352+1461%-14.834+640%
Pe Ratio-0.834+48%-1.615-1.6150%-3.300+104%-9.179+469%-10.281+537%
Price Per Share0.062-94%0.1200.1200%0.155-23%0.278-57%0.187-36%
Price To Free Cash Flow Ratio21.839-94%42.26942.2690%-4.063+110%-13.309+131%-11.561+127%
Price To Total Gains Ratio-1.037+48%-2.007-2.0070%0.850-336%-6.088+203%-6.368+217%
Quick Ratio--1.7881.7880%1.673+7%1.484+20%2.419-26%
Return On Assets---0.181-0.1810%-0.150-17%-0.230+27%-0.365+102%
Return On Equity---2.086-2.0860%-0.454-78%-1.011-52%-0.945-55%
Total Gains Per Share---0.060-0.0600%0.182-133%0.025-337%0.015-495%
Usd Book Value--9984470.6459984470.6450%23640773.200-58%8600708.786+16%5894314.928+69%
Usd Book Value Change Per Share---0.039-0.0390%0.051-176%0.002-1673%0.003-1448%
Usd Book Value Per Share--0.0280.0280%0.067-58%0.024+16%0.017+69%
Usd Dividend Per Share----0%0.067-100%0.014-100%0.007-100%
Usd Eps---0.048-0.0480%-0.030-37%-0.026-46%-0.015-68%
Usd Free Cash Flow--648426.000648426.0000%-8713426.000+1444%-3048036.936+570%-2290038.620+453%
Usd Free Cash Flow Per Share--0.0020.0020%-0.025+1444%-0.009+570%-0.006+453%
Usd Free Cash Flow To Equity Per Share--0.0250.0250%0.042-40%0.017+50%0.009+169%
Usd Market Cap14160849.600-94%27408096.00027408096.0000%35402124.000-23%63495422.400-57%42649281.384-36%
Usd Price Per Share0.040-94%0.0770.0770%0.100-23%0.179-57%0.120-36%
Usd Profit---16975212.000-16975212.0000%-10727739.755-37%-9118435.848-46%-5441854.750-68%
Usd Revenue--25149250.80025149250.8000%21004486.000+20%13863558.215+81%7965475.513+216%
Usd Total Gains Per Share---0.039-0.0390%0.118-133%0.016-337%0.010-495%
 EOD+4 -4MRQTTM+0 -0YOY+10 -265Y+17 -1910Y+16 -20

4.2. Fundamental Score

Let's check the fundamental score of Novatti Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.834
Price to Book Ratio (EOD)Between0-11.418
Net Profit Margin (MRQ)Greater than0-0.675
Operating Margin (MRQ)Greater than0-0.655
Quick Ratio (MRQ)Greater than11.788
Current Ratio (MRQ)Greater than11.014
Debt to Asset Ratio (MRQ)Less than10.894
Debt to Equity Ratio (MRQ)Less than110.322
Return on Equity (MRQ)Greater than0.15-2.086
Return on Assets (MRQ)Greater than0.05-0.181
Total3/10 (30.0%)

4.3. Technical Score

Let's check the technical score of Novatti Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.932
Ma 20Greater thanMa 500.062
Ma 50Greater thanMa 1000.061
Ma 100Greater thanMa 2000.064
OpenGreater thanClose0.061
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets145,634
Total Liabilities130,159
Total Stockholder Equity12,610
 As reported
Total Liabilities 130,159
Total Stockholder Equity+ 12,610
Total Assets = 145,634

Assets

Total Assets145,634
Total Current Assets119,538
Long-term Assets26,096
Total Current Assets
Cash And Cash Equivalents 110,659
Short-term Investments 92,444
Net Receivables 7,748
Inventory 0
Total Current Assets  (as reported)119,538
Total Current Assets  (calculated)210,851
+/- 91,313
Long-term Assets
Property Plant Equipment 1,916
Long Term Investments 11,847
Intangible Assets 7,904
Long-term Assets Other 4,429
Long-term Assets  (as reported)26,096
Long-term Assets  (calculated)26,096
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities117,944
Long-term Liabilities12,215
Total Stockholder Equity12,610
Total Current Liabilities
Short-term Debt 271
Accounts payable 8,062
Other Current Liabilities 109,325
Total Current Liabilities  (as reported)117,944
Total Current Liabilities  (calculated)117,658
+/- 286
Long-term Liabilities
Long term Debt 10,500
Capital Lease Obligations Min Short Term Debt1,575
Other Liabilities 140
Long-term Liabilities  (as reported)12,215
Long-term Liabilities  (calculated)12,215
+/- 0
Total Stockholder Equity
Common Stock90,686
Retained Earnings -83,477
Accumulated Other Comprehensive Income 5,401
Total Stockholder Equity (as reported)12,610
Total Stockholder Equity (calculated)12,610
+/-0
Other
Capital Stock90,686
Cash and Short Term Investments 110,659
Common Stock Shares Outstanding 337,311
Current Deferred Revenue286
Liabilities and Stockholders Equity 145,634
Net Debt -98,313
Net Invested Capital 23,110
Net Tangible Assets 4,706
Net Working Capital 1,454
Property Plant and Equipment Gross 1,916
Short Long Term Debt Total 12,346



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302012-06-30
> Total Assets 
1,184
1,792
9,210
6,413
5,074
14,422
16,536
32,840
63,787
110,995
145,634
145,634110,99563,78732,84016,53614,4225,0746,4139,2101,7921,184
   > Total Current Assets 
0
1,320
9,060
6,352
2,374
11,038
10,462
23,757
52,279
67,849
119,538
119,53867,84952,27923,75710,46211,0382,3746,3529,0601,3200
       Cash And Cash Equivalents 
0
368
7,699
4,726
718
4,509
1,807
20,052
47,817
58,499
110,659
110,65958,49947,81720,0521,8074,5097184,7267,6993680
       Short-term Investments 
0
75
31
32
33
2,244
3,755
560
39,019
52,440
92,444
92,44452,44039,0195603,7552,244333231750
       Net Receivables 
709
877
1,065
1,542
1,552
4,156
4,288
2,785
4,138
8,422
7,748
7,7488,4224,1382,7854,2884,1561,5521,5421,065877709
       Other Current Assets 
0
0
265
53
72
129
613
360
324
928
1,131
1,131928324360613129725326500
   > Long-term Assets 
0
0
150
61
2,699
3,384
6,074
9,083
11,508
43,146
26,096
26,09643,14611,5089,0836,0743,3842,6996115000
       Property Plant Equipment 
15
9
9
46
26
143
623
2,817
2,477
2,319
1,916
1,9162,3192,4772,81762314326469915
       Goodwill 
0
0
0
0
2
570
2
0
0
0
0
0000257020000
       Long Term Investments 
0
0
24
15
4
5
805
322
1,834
27,801
11,847
11,84727,8011,83432280554152400
       Intangible Assets 
0
0
0
0
2,669
2,667
4,645
5,703
4,991
9,322
7,904
7,9049,3224,9915,7034,6452,6672,6690000
       Long-term Assets Other 
0
0
141
0
0
3,384
240
240
2,206
3,704
4,429
4,4293,7042,2062402403,3840014100
> Total Liabilities 
1,406
569
1,013
2,150
2,801
5,673
10,413
33,325
54,889
74,354
130,159
130,15974,35454,88933,32510,4135,6732,8012,1501,0135691,406
   > Total Current Liabilities 
1,406
559
1,004
2,031
2,782
5,649
10,244
26,433
52,770
71,353
117,944
117,94471,35352,77026,43310,2445,6492,7822,0311,0045591,406
       Short-term Debt 
0
83
31
32
33
2,244
403
1,345
5,154
313
271
2713135,1541,3454032,244333231830
       Short Long Term Debt 
0
83
360
0
0
0
403
1,100
4,907
40
0
0404,9071,100403000360830
       Accounts payable 
402
72
973
463
700
1,748
4,631
3,018
3,596
6,969
8,062
8,0626,9693,5963,0184,6311,74870046397372402
       Other Current Liabilities 
259
241
165
1,568
2,082
3,241
4,273
21,209
43,144
63,273
109,325
109,32563,27343,14421,2094,2733,2412,0821,568165241259
   > Long-term Liabilities 
0
0
8
119
19
24
169
6,892
2,119
3,001
12,215
12,2153,0012,1196,8921692419119800
       Long term Debt Total 
0
0
0
0
0
0
117
6,778
1,971
2,084
0
02,0841,9716,778117000000
       Other Liabilities 
0
9
258
119
19
24
52
114
148
1,172
140
1401,17214811452241911925890
       Deferred Long Term Liability 
0
73
0
0
0
0
0
0
0
0
0
000000000730
> Total Stockholder Equity
0
1,223
8,197
4,264
2,272
8,749
6,123
-486
6,929
36,641
12,610
12,61036,6416,929-4866,1238,7492,2724,2648,1971,2230
   Retained Earnings -83,477-57,676-41,018-29,547-20,132-15,178-13,109-8,391-3,423-2,2350
   Accumulated Other Comprehensive Income 
0
0
0
714
1,084
1,693
2,181
2,377
3,803
4,981
5,401
5,4014,9813,8032,3772,1811,6931,084714000
   Capital Surplus 00000000000
   Treasury Stock00000000000



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 (+$)
totalRevenue38,979
Cost of Revenue-53,472
Gross Profit-14,493-14,493
 
Operating Income (+$)
Gross Profit-14,493
Operating Expense-11,036
Operating Income-25,529-25,529
 
Operating Expense (+$)
Research Development328
Selling General Administrative9,999
Selling And Marketing Expenses1,037
Operating Expense11,03611,364
 
Net Interest Income (+$)
Interest Income17,325
Interest Expense-1,382
Other Finance Cost-17,325
Net Interest Income-1,382
 
Pretax Income (+$)
Operating Income-25,529
Net Interest Income-1,382
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-26,541-24,517
EBIT - interestExpense = -26,911
-26,306
-24,928
Interest Expense1,382
Earnings Before Interest and Taxes (EBIT)-25,529-25,159
Earnings Before Interest and Taxes (EBITDA)-23,318
 
After tax Income (+$)
Income Before Tax-26,541
Tax Provision-4
Net Income From Continuing Ops-26,545-26,545
Net Income-26,310
Net Income Applicable To Common Shares-26,310
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses64,508
Total Other Income/Expenses Net-1,0121,382
 

Technical Analysis of Novatti
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 Novatti. The general trend of Novatti is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Novatti's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Novatti Group 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: 0.067 < 0.067 < 0.07.

The bearish price targets are: 0.052 > 0.052 > 0.052.

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Novatti Group 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 Novatti Group Ltd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

Directionalities and relatives.

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

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

Novatti Group 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 Novatti Group Ltd. The current macd is -0.00093327.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Novatti price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Novatti. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Novatti price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Novatti Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNovatti Group 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 Novatti Group Ltd. The current adx is 33.26.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Novatti shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Novatti Group 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 Novatti Group Ltd. The current sar is 0.04905484.

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
Novatti Group 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 Novatti Group Ltd. The current rsi is 50.93. The current phase is Correction in bear market.

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

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

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Novatti price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Novatti Group Ltd Daily Stochastic Oscillator ChartNovatti Group 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 Novatti Group Ltd. The current cci is -7.68245839.

Novatti Group Ltd Daily Commodity Channel Index (CCI) ChartNovatti Group 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 Novatti Group Ltd. The current cmo is 4.72170948.

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
Novatti Group Ltd Daily Chande Momentum Oscillator (CMO) ChartNovatti Group 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 Novatti Group Ltd. The current willr is -25.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Novatti is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Novatti Group Ltd Daily Williams %R ChartNovatti Group 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 Novatti Group Ltd.

Novatti Group 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 Novatti Group Ltd. The current atr is 0.00417426.

Novatti Group Ltd Daily Average True Range (ATR) ChartNovatti Group 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 Novatti Group Ltd. The current obv is -7,927,808.

Novatti Group Ltd Daily On-Balance Volume (OBV) ChartNovatti Group 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 Novatti Group Ltd. The current mfi is 31.16.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Novatti Group Ltd Daily Money Flow Index (MFI) ChartNovatti Group Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Novatti Group 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
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19DMI 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Novatti Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Novatti Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.932
Ma 20Greater thanMa 500.062
Ma 50Greater thanMa 1000.061
Ma 100Greater thanMa 2000.064
OpenGreater thanClose0.061
Total2/5 (40.0%)
Penke

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