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Noronex Ltd
Buy, Hold or Sell?

Let's analyse Noronex Ltd together

PenkeI guess you are interested in Noronex 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 Noronex 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 Noronex Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.01
Expected worth in 1 year
A$-0.01
How sure are you?
37.5%

+ What do you gain per year?

Total Gains per Share
A$-0.01
Return On Investment
-109.2%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.012 - A$0.015
How sure are you?
50%

1. Valuation of Noronex Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.12 - A$-0.10

Total Value Per Share

A$-0.12 - A$-0.09

2. Growth of Noronex Ltd (5 min.)




Is Noronex Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.8m$2.9m-$1m-57.9%

How much money is Noronex Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.1m-$3.5m$1.4m65.3%
Net Profit Margin-18,629.2%-66,185.4%--

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

3. Financial Health of Noronex Ltd (5 min.)




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




  Industry Rankings (Copper)  


Richest
#66 / 71

Most Revenue
#52 / 71

Most Profit
#56 / 71

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

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

What can you expect buying and holding a share of Noronex Ltd?

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

Speculation

The Price per Share of Noronex Ltd is A$0.013. 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 Noronex Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.01. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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 Noronex Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-35.2%0.00-35.2%-0.01-58.2%0.00-26.0%0.00-20.8%
Usd Book Value Change Per Share0.00-17.6%0.00-17.6%0.00-9.3%0.00-0.9%0.003.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-17.6%0.00-17.6%0.00-9.3%0.00-0.9%0.003.8%
Usd Price Per Share0.01-0.01-0.02-0.04-0.03-
Price to Earnings Ratio-2.11--2.11--3.24--23.30--16.73-
Price-to-Total Gains Ratio-4.23--4.23--20.38--12.39--7.23-
Price to Book Ratio2.45-2.45-3.93-9.99-8.39-
Price-to-Total Gains Ratio-4.23--4.23--20.38--12.39--7.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0083876
Number of shares119223
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 (119223 shares)-272.95-13.50
Gains per Year (119223 shares)-1,091.81-54.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1092-11020-54-64
20-2184-21940-108-118
30-3275-32860-162-172
40-4367-43780-216-226
50-5459-54700-270-280
60-6551-65620-324-334
70-7643-76540-378-388
80-8734-87460-432-442
90-9826-98380-486-496
100-10918-109300-540-550

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%0.08.00.00.0%0.08.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.05.00.037.5%3.05.00.037.5%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.08.00.0%0.00.08.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.05.00.037.5%3.05.00.037.5%

Fundamentals of Noronex Ltd

About Noronex Ltd

Noronex Limited engages in the exploration of mineral properties in Namibia and Canada. It primarily explores for base and precious metals with a focus on copper. The company focuses on Witvlei, Snowball, and Humpback projects covering an area of approximately 8,700 square kilometers located in Kalahari Copper Belt, Namibia. It also holds interest in the Onaman project located on the Onaman-Tashota Greenstone Belt near north-east of Thunder Bay, Ontario; and the Queensland project located in Queensland. The company was formerly known as Lustrum Minerals Limited and changed its name to Noronex Limited in November 2020. Noronex Limited was incorporated in 2015 and is based in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-04-23 15:51:05.

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 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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Noronex Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Noronex Ltd to the Copper industry mean.
  • A Net Profit Margin of -18,629.2% means that $-186.29 for each $1 in revenue is generated as profit.

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

  • The MRQ is -18,629.2%. The company is making a huge loss. -2
  • The TTM is -18,629.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-18,629.2%TTM-18,629.2%0.0%
TTM-18,629.2%YOY-66,185.4%+47,556.2%
TTM-18,629.2%5Y-375,515.3%+356,886.1%
5Y-375,515.3%10Y-239,311.6%-136,203.7%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-18,629.2%1.8%-18,631.0%
TTM-18,629.2%1.4%-18,630.6%
YOY-66,185.4%3.5%-66,188.9%
5Y-375,515.3%1.7%-375,517.0%
10Y-239,311.6%1.0%-239,312.6%
1.1.2. Return on Assets

Shows how efficient Noronex Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Noronex Ltd to the Copper industry mean.
  • -100.9% Return on Assets means that Noronex Ltd generated $-1.01 profit for each $1 in assets.

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

  • The MRQ is -100.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -100.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-100.9%TTM-100.9%0.0%
TTM-100.9%YOY-109.9%+9.0%
TTM-100.9%5Y-64.7%-36.2%
5Y-64.7%10Y-316.1%+251.4%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-100.9%-0.1%-100.8%
TTM-100.9%0.3%-101.2%
YOY-109.9%0.9%-110.8%
5Y-64.7%0.8%-65.5%
10Y-316.1%0.1%-316.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Noronex Ltd to the Copper industry mean.
  • -117.6% Return on Equity means Noronex Ltd generated $-1.18 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -117.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -117.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-117.6%TTM-117.6%0.0%
TTM-117.6%YOY-127.1%+9.5%
TTM-117.6%5Y-73.8%-43.8%
5Y-73.8%10Y-68.4%-5.4%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-117.6%0.8%-118.4%
TTM-117.6%0.7%-118.3%
YOY-127.1%1.5%-128.6%
5Y-73.8%0.9%-74.7%
10Y-68.4%-0.5%-67.9%

1.2. Operating Efficiency of Noronex Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Noronex Ltd is operating .

  • Measures how much profit Noronex Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Noronex Ltd to the Copper industry mean.
  • An Operating Margin of -18,850.1% means the company generated $-188.50  for each $1 in revenue (before taxes).

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

  • The MRQ is -18,850.1%. The company is operating very inefficient. -2
  • The TTM is -18,850.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-18,850.1%TTM-18,850.1%0.0%
TTM-18,850.1%YOY-67,952.3%+49,102.2%
TTM-18,850.1%5Y-380,201.8%+361,351.7%
5Y-380,201.8%10Y-242,252.6%-137,949.2%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-18,850.1%2.2%-18,852.3%
TTM-18,850.1%1.9%-18,852.0%
YOY-67,952.3%5.3%-67,957.6%
5Y-380,201.8%3.7%-380,205.5%
10Y-242,252.6%3.3%-242,255.9%
1.2.2. Operating Ratio

Measures how efficient Noronex Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Copper industry mean).
  • An Operation Ratio of 188.31 means that the operating costs are $188.31 for each $1 in net sales.

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

  • The MRQ is 188.313. The company is inefficient in keeping operating costs low. -1
  • The TTM is 188.313. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ188.313TTM188.3130.000
TTM188.313YOY679.523-491.211
TTM188.3135Y3,802.180-3,613.867
5Y3,802.18010Y2,394.378+1,407.801
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ188.3131.769+186.544
TTM188.3131.693+186.620
YOY679.5231.472+678.051
5Y3,802.1801.482+3,800.698
10Y2,394.3781.393+2,392.985

1.3. Liquidity of Noronex Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Copper industry mean).
  • A Current Ratio of 1.27 means the company has $1.27 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.274. The company is just able to pay all its short-term debts.
  • The TTM is 1.274. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.274TTM1.2740.000
TTM1.274YOY4.816-3.541
TTM1.2745Y10.860-9.586
5Y10.86010Y16.675-5.814
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2741.724-0.450
TTM1.2741.731-0.457
YOY4.8162.073+2.743
5Y10.8601.790+9.070
10Y16.6752.017+14.658
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Noronex Ltd to the Copper industry mean.
  • A Quick Ratio of 1.27 means the company can pay off $1.27 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 1.274. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.274. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.274TTM1.2740.000
TTM1.274YOY4.816-3.541
TTM1.2745Y10.860-9.586
5Y10.86010Y15.862-5.002
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2740.656+0.618
TTM1.2740.697+0.577
YOY4.8161.028+3.788
5Y10.8601.025+9.835
10Y15.8621.015+14.847

1.4. Solvency of Noronex Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Noronex Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Noronex Ltd to Copper industry mean.
  • A Debt to Asset Ratio of 0.13 means that Noronex Ltd assets are financed with 12.8% credit (debt) and the remaining percentage (100% - 12.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.128. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.128. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.128TTM0.1280.000
TTM0.128YOY0.093+0.035
TTM0.1285Y0.083+0.045
5Y0.08310Y2.715-2.632
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1280.393-0.265
TTM0.1280.387-0.259
YOY0.0930.375-0.282
5Y0.0830.405-0.322
10Y2.7150.437+2.278
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Noronex Ltd to the Copper industry mean.
  • A Debt to Equity ratio of 14.9% means that company has $0.15 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.149. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.149. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.149TTM0.1490.000
TTM0.149YOY0.107+0.041
TTM0.1495Y0.094+0.055
5Y0.09410Y0.066+0.028
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1490.664-0.515
TTM0.1490.664-0.515
YOY0.1070.673-0.566
5Y0.0940.754-0.660
10Y0.0660.766-0.700

2. Market Valuation of Noronex 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 Noronex Ltd generates.

  • Above 15 is considered overpriced but always compare Noronex Ltd to the Copper industry mean.
  • A PE ratio of -2.11 means the investor is paying $-2.11 for every $1 in earnings.

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

  • The EOD is -1.832. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.114. Based on the earnings, the company is expensive. -2
  • The TTM is -2.114. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.832MRQ-2.114+0.282
MRQ-2.114TTM-2.1140.000
TTM-2.114YOY-3.240+1.126
TTM-2.1145Y-23.296+21.182
5Y-23.29610Y-16.731-6.565
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
EOD-1.8320.542-2.374
MRQ-2.1140.759-2.873
TTM-2.1142.089-4.203
YOY-3.2403.742-6.982
5Y-23.2961.823-25.119
10Y-16.73110.833-27.564
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.968. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.270. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.270. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.968MRQ-2.270+0.303
MRQ-2.270TTM-2.2700.000
TTM-2.270YOY-3.351+1.081
TTM-2.2705Y-24.867+22.596
5Y-24.86710Y-157.405+132.538
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
EOD-1.968-2.280+0.312
MRQ-2.270-2.481+0.211
TTM-2.270-2.969+0.699
YOY-3.351-5.508+2.157
5Y-24.867-3.349-21.518
10Y-157.405-4.509-152.896
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Copper industry mean).
  • A PB ratio of 2.45 means the investor is paying $2.45 for each $1 in book value.

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

  • The EOD is 2.120. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.446. Based on the equity, the company is underpriced. +1
  • The TTM is 2.446. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.120MRQ2.446-0.326
MRQ2.446TTM2.4460.000
TTM2.446YOY3.926-1.479
TTM2.4465Y9.994-7.548
5Y9.99410Y8.386+1.608
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
EOD2.1201.505+0.615
MRQ2.4461.268+1.178
TTM2.4461.429+1.017
YOY3.9261.677+2.249
5Y9.9941.559+8.435
10Y8.3861.588+6.798
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Noronex 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---0.004-0.0040%-0.002-47%0.000-95%0.001-563%
Book Value Per Share--0.0060.0060%0.010-37%0.007-11%0.005+17%
Current Ratio--1.2741.2740%4.816-74%10.860-88%16.675-92%
Debt To Asset Ratio--0.1280.1280%0.093+38%0.083+54%2.715-95%
Debt To Equity Ratio--0.1490.1490%0.107+39%0.094+58%0.066+125%
Dividend Per Share----0%-0%-0%-0%
Eps---0.007-0.0070%-0.012+65%-0.005-26%-0.004-41%
Free Cash Flow Per Share---0.007-0.0070%-0.011+72%-0.005-25%-0.003-52%
Free Cash Flow To Equity Per Share---0.004-0.0040%-0.002-47%0.001-664%0.002-328%
Gross Profit Margin--2.0112.0110%1.000+101%1.202+67%1.126+79%
Intrinsic Value_10Y_max---0.101--------
Intrinsic Value_10Y_min---0.121--------
Intrinsic Value_1Y_max---0.006--------
Intrinsic Value_1Y_min---0.009--------
Intrinsic Value_3Y_max---0.021--------
Intrinsic Value_3Y_min---0.029--------
Intrinsic Value_5Y_max---0.040--------
Intrinsic Value_5Y_min---0.053--------
Market Cap6147400.896-15%7093154.8807093154.8800%17969325.696-61%29394033.823-76%25464426.019-72%
Net Profit Margin---186.292-186.2920%-661.854+255%-3755.153+1916%-2393.116+1185%
Operating Margin---188.501-188.5010%-679.523+260%-3802.018+1917%-2422.526+1185%
Operating Ratio--188.313188.3130%679.523-72%3802.180-95%2394.378-92%
Pb Ratio2.120-15%2.4462.4460%3.926-38%9.994-76%8.386-71%
Pe Ratio-1.832+13%-2.114-2.1140%-3.240+53%-23.296+1002%-16.731+691%
Price Per Share0.013-15%0.0150.0150%0.038-61%0.062-76%0.054-72%
Price To Free Cash Flow Ratio-1.968+13%-2.270-2.2700%-3.351+48%-24.867+995%-157.405+6833%
Price To Total Gains Ratio-3.664+13%-4.227-4.2270%-20.380+382%-12.387+193%-7.226+71%
Quick Ratio--1.2741.2740%4.816-74%10.860-88%15.862-92%
Return On Assets---1.009-1.0090%-1.099+9%-0.647-36%-3.161+213%
Return On Equity---1.176-1.1760%-1.271+8%-0.738-37%-0.684-42%
Total Gains Per Share---0.004-0.0040%-0.002-47%0.000-95%0.001-563%
Usd Book Value--1870823.8561870823.8560%2953443.648-37%2106460.832-11%1604820.638+17%
Usd Book Value Change Per Share---0.002-0.0020%-0.001-47%0.000-95%0.000-563%
Usd Book Value Per Share--0.0040.0040%0.006-37%0.004-11%0.003+17%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.005-0.0050%-0.008+65%-0.003-26%-0.003-41%
Usd Free Cash Flow---2015813.200-2015813.2000%-3459343.677+72%-1516848.683-25%-972723.441-52%
Usd Free Cash Flow Per Share---0.004-0.0040%-0.007+72%-0.003-25%-0.002-52%
Usd Free Cash Flow To Equity Per Share---0.002-0.0020%-0.001-47%0.000-664%0.001-328%
Usd Market Cap3966303.058-15%4576503.5294576503.5290%11593808.939-61%18965030.622-76%16429647.668-72%
Usd Price Per Share0.008-15%0.0100.0100%0.025-61%0.040-76%0.035-72%
Usd Profit---2164716.972-2164716.9720%-3578494.697+65%-1595990.076-26%-1277807.309-41%
Usd Revenue--11620.05211620.0520%5406.776+115%6790.085+71%4957.556+134%
Usd Total Gains Per Share---0.002-0.0020%-0.001-47%0.000-95%0.000-563%
 EOD+3 -5MRQTTM+0 -0YOY+16 -185Y+8 -2610Y+13 -21

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.832
Price to Book Ratio (EOD)Between0-12.120
Net Profit Margin (MRQ)Greater than0-186.292
Operating Margin (MRQ)Greater than0-188.501
Quick Ratio (MRQ)Greater than11.274
Current Ratio (MRQ)Greater than11.274
Debt to Asset Ratio (MRQ)Less than10.128
Debt to Equity Ratio (MRQ)Less than10.149
Return on Equity (MRQ)Greater than0.15-1.176
Return on Assets (MRQ)Greater than0.05-1.009
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.510
Ma 20Greater thanMa 500.013
Ma 50Greater thanMa 1000.012
Ma 100Greater thanMa 2000.012
OpenGreater thanClose0.013
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets3,324
Total Liabilities425
Total Stockholder Equity2,853
 As reported
Total Liabilities 425
Total Stockholder Equity+ 2,853
Total Assets = 3,324

Assets

Total Assets3,324
Total Current Assets541
Long-term Assets2,783
Total Current Assets
Cash And Cash Equivalents 394
Net Receivables 147
Inventory 0
Other Current Assets 0
Total Current Assets  (as reported)541
Total Current Assets  (calculated)541
+/-0
Long-term Assets
Property Plant Equipment 2,783
Long-term Assets  (as reported)2,783
Long-term Assets  (calculated)2,783
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities425
Long-term Liabilities0
Total Stockholder Equity2,853
Total Current Liabilities
Accounts payable 367
Other Current Liabilities 57
Total Current Liabilities  (as reported)425
Total Current Liabilities  (calculated)425
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock17,359
Retained Earnings -15,711
Other Stockholders Equity 1,205
Total Stockholder Equity (as reported)2,853
Total Stockholder Equity (calculated)2,853
+/-0
Other
Capital Stock17,359
Cash And Equivalents394
Cash and Short Term Investments 394
Common Stock Shares Outstanding 235,313
Liabilities and Stockholders Equity 3,324
Net Debt -394
Net Invested Capital 2,853
Net Tangible Assets 2,853
Net Working Capital 116
Property Plant and Equipment Gross 2,783



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-30
> Total Assets 
0
266
3,448
2,118
1,515
5,719
5,046
3,324
3,3245,0465,7191,5152,1183,4482660
   > Total Current Assets 
0
266
3,448
2,118
1,515
3,027
2,256
541
5412,2563,0271,5152,1183,4482660
       Cash And Cash Equivalents 
0
213
3,292
2,079
1,507
3,011
2,113
394
3942,1133,0111,5072,0793,2922130
       Net Receivables 
0
22
105
40
7
16
143
147
14714316740105220
       Other Current Assets 
0
31
50
0
0
0
0
0
0000050310
   > Long-term Assets 
0
2,957
0
0
0
2,692
2,790
2,783
2,7832,7902,6920002,9570
       Property Plant Equipment 
0
2,957
0
0
0
2,692
2,790
2,783
2,7832,7902,6920002,9570
> Total Liabilities 
1
5
133
77
169
260
468
425
4254682601697713351
   > Total Current Liabilities 
1
5
133
77
169
260
468
425
4254682601697713351
       Short-term Debt 
1
0
0
0
0
0
0
0
00000001
       Accounts payable 
0
0
118
62
115
110
251
367
3672511101156211800
       Other Current Liabilities 
0
0
15
15
54
150
217
57
5721715054151500
   > Long-term Liabilities 
0
857
0
0
0
0
0
0
0000008570
> Total Stockholder Equity
-1
261
3,315
2,042
1,346
5,105
4,363
2,853
2,8534,3635,1051,3462,0423,315261-1
   Retained Earnings -15,711-12,489-6,942-4,794-4,098-3,476-209-1
   Accumulated Other Comprehensive Income 
0
0
0
0
0
448
848
1,205
1,20584844800000
   Capital Surplus 00000000
   Treasury Stock00000000



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 (+$)
totalRevenue18
Cost of Revenue-0
Gross Profit018
 
Operating Income (+$)
Gross Profit0
Operating Expense-3,392
Operating Income-3,392-3,392
 
Operating Expense (+$)
Research Development0
Selling General Administrative633
Selling And Marketing Expenses3,391
Operating Expense3,3924,024
 
Net Interest Income (+$)
Interest Income18
Interest Expense-0
Other Finance Cost-0
Net Interest Income18
 
Pretax Income (+$)
Operating Income-3,392
Net Interest Income18
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-3,373-3,410
EBIT - interestExpense = -3,395
-3,377
-3,355
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-3,395-3,373
Earnings Before Interest and Taxes (EBITDA)-3,392
 
After tax Income (+$)
Income Before Tax-3,373
Tax Provision-0
Net Income From Continuing Ops-3,373-3,373
Net Income-3,355
Net Income Applicable To Common Shares-3,355
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,392
Total Other Income/Expenses Net18-18
 

Technical Analysis of Noronex Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Noronex Ltd. The general trend of Noronex Ltd is BULLISH with 42.9% 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 Noronex Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
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 Noronex 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: 0.014 < 0.014 < 0.015.

The bearish price targets are: 0.012 > 0.012 > 0.012.

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Noronex 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 Noronex Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-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 up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Noronex 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 Noronex Ltd. The current macd is 0.00018391.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Noronex Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Noronex Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Noronex Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Noronex Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNoronex 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 Noronex Ltd. The current adx is 19.68.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Noronex Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Noronex 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 Noronex Ltd. The current sar is 0.01182919.

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
Noronex 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 Noronex Ltd. The current rsi is 52.51. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Noronex Ltd Daily Relative Strength Index (RSI) ChartNoronex 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 Noronex Ltd. The current phase is Correction in bull market.

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

  • 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 Noronex Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Noronex Ltd Daily Stochastic Oscillator ChartNoronex 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 Noronex Ltd. The current cci is -36.4806867.

Noronex Ltd Daily Commodity Channel Index (CCI) ChartNoronex 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 Noronex Ltd. The current cmo is 5.08105122.

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
Noronex Ltd Daily Chande Momentum Oscillator (CMO) ChartNoronex 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 Noronex Ltd. The current willr is -50.

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 Noronex Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Noronex Ltd Daily Williams %R ChartNoronex 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 Noronex Ltd.

Noronex 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 Noronex Ltd. The current atr is 0.00088347.

Noronex Ltd Daily Average True Range (ATR) ChartNoronex 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 Noronex Ltd. The current obv is -33,253,226.

Noronex Ltd Daily On-Balance Volume (OBV) ChartNoronex 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 Noronex Ltd. The current mfi is 40.41.

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
Noronex Ltd Daily Money Flow Index (MFI) ChartNoronex Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Noronex 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
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04STOCH 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).
2023-12-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15MACD 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22MACD 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.
2024-01-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03DMI 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).
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-23STOCH 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).
2024-01-24STOCH 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
2024-01-25STOCH 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).
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH 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).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14CCI 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.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05CCI 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).
2024-03-15DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-22DMI 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
2024-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-11STOCH 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).
2024-04-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Noronex Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.510
Ma 20Greater thanMa 500.013
Ma 50Greater thanMa 1000.012
Ma 100Greater thanMa 2000.012
OpenGreater thanClose0.013
Total3/5 (60.0%)
Penke

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