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NetSol Technologies Inc
Buy, Hold or Sell?

Let's analyse NetSol Technologies Inc together

PenkeI guess you are interested in NetSol Technologies Inc. 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 NetSol Technologies Inc. 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 NetSol Technologies Inc (30 sec.)










What can you expect buying and holding a share of NetSol Technologies Inc? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
17.2%

What is your share worth?

Current worth
€3.13
Expected worth in 1 year
€2.66
How sure are you?
37.9%

+ What do you gain per year?

Total Gains per Share
€-0.47
Return On Investment
-18.8%

For what price can you sell your share?

Current Price per Share
€2.52
Expected price per share
€2.26 - €2.72
How sure are you?
50%

1. Valuation of NetSol Technologies Inc (5 min.)




Live pricePrice per Share (EOD)

€2.52

Intrinsic Value Per Share

€-31.21 - €-37.63

Total Value Per Share

€-28.08 - €-34.50

2. Growth of NetSol Technologies Inc (5 min.)




Is NetSol Technologies Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$38.5m$49.8m-$11.5m-30.3%

How much money is NetSol Technologies Inc making?

Current yearPrevious yearGrowGrow %
Making money-$522.7k-$1.2m$767.1k146.8%
Net Profit Margin-3.8%-9.9%--

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

3. Financial Health of NetSol Technologies Inc (5 min.)




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

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

What can you expect buying and holding a share of NetSol Technologies Inc?

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

Speculation

The Price per Share of NetSol Technologies Inc is €2.52. 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 NetSol Technologies Inc.
  • 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 NetSol Technologies Inc, 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 €3.13. Based on the TTM, the Book Value Change Per Share is €-0.12 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.32 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of NetSol Technologies Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.041.4%-0.21-8.5%-0.11-4.5%-0.03-1.0%-0.01-0.3%
Usd Book Value Change Per Share0.166.5%-0.13-5.1%-0.34-13.6%-0.13-5.1%0.124.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.5%
Usd Total Gains Per Share0.166.5%-0.13-5.1%-0.34-13.6%-0.13-5.1%0.135.1%
Usd Price Per Share2.13-2.18-3.28-3.45-3.83-
Price to Earnings Ratio14.86-44.68--15.33-9.65-8.10-
Price-to-Total Gains Ratio12.95--43.79--12.33--2.83--9.72-
Price to Book Ratio0.63-0.65-0.75-0.71-0.72-
Price-to-Total Gains Ratio12.95--43.79--12.33--2.83--9.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.725884
Number of shares366
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.13-0.13
Usd Total Gains Per Share-0.13-0.13
Gains per Quarter (366 shares)-46.78-47.19
Gains per Year (366 shares)-187.12-188.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-187-1970-189-199
20-374-3840-378-388
30-561-5710-566-577
40-748-7580-755-766
50-936-9450-944-955
60-1123-11320-1133-1144
70-1310-13190-1321-1333
80-1497-15060-1510-1522
90-1684-16930-1699-1711
100-1871-18800-1888-1900

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 Share2.02.00.050.0%5.07.00.041.7%11.09.00.055.0%17.012.00.058.6%17.012.00.058.6%
Book Value Change Per Share1.03.00.025.0%4.08.00.033.3%7.013.00.035.0%11.018.00.037.9%11.018.00.037.9%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%5.00.024.017.2%5.00.024.017.2%
Total Gains per Share1.03.00.025.0%4.08.00.033.3%7.013.00.035.0%11.018.00.037.9%11.018.00.037.9%

Fundamentals of NetSol Technologies Inc

About NetSol Technologies Inc

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry. Its NFS Ascent constituent applications include Omni Point of Sale, a web-based application; Contract Management System (CMS), an application for managing and maintaining credit contracts; Wholesale Finance System (WFS), a system for automating and managing the lifecycle of wholesale finance; Dealer Auditor Access System, a web-based solution that could be used in conjunction with WFS or any third-party wholesale finance system; NFS Ascent deployed on The Cloud, a cloud-version of NFS Ascent; and NFS Digital, that includes Self Point of Sale, Mobile Account, Mobile Point of Sale, Mobile Dealer, Mobile Auditor, Mobile Collector, and Mobile Field Investigator. The company also provides Otoz Digital Auto-Retail and mobility orchestration, a white-label SaaS platform; Otoz Ecosystem, an API-based architecture; and Otoz Platform, a white label platform, which includes Dealer/Admin Tool and Customer Portals. In addition, it offers system integration, consulting, and information technology products and services. It serves blue chip organizations, Dow-Jones 30 Industrials, Fortune 500 manufacturers and financial institutions, and vehicle manufacturers. The company was incorporated in 1997 and is headquartered in Encino, California.

Fundamental data was last updated by Penke on 2024-03-27 18:40:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of NetSol Technologies Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit NetSol Technologies Inc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare NetSol Technologies Inc to the Software - Application industry mean.
  • A Net Profit Margin of 2.7% means that €0.03 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NetSol Technologies Inc:

  • The MRQ is 2.7%. The company is making a profit. +1
  • The TTM is -3.8%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM-3.8%+6.4%
TTM-3.8%YOY-9.9%+6.1%
TTM-3.8%5Y0.1%-3.8%
5Y0.1%10Y0.6%-0.5%
1.1.2. Return on Assets

Shows how efficient NetSol Technologies Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare NetSol Technologies Inc to the Software - Application industry mean.
  • 0.7% Return on Assets means that NetSol Technologies Inc generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NetSol Technologies Inc:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.7%TTM-0.9%+1.6%
TTM-0.9%YOY-1.9%+1.0%
TTM-0.9%5Y0.0%-0.9%
5Y0.0%10Y0.1%-0.1%
1.1.3. Return on Equity

Shows how efficient NetSol Technologies Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare NetSol Technologies Inc to the Software - Application industry mean.
  • 1.2% Return on Equity means NetSol Technologies Inc generated €0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NetSol Technologies Inc:

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.2%TTM-1.7%+2.9%
TTM-1.7%YOY-3.0%+1.2%
TTM-1.7%5Y-0.2%-1.6%
5Y-0.2%10Y0.1%-0.2%

1.2. Operating Efficiency of NetSol Technologies Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient NetSol Technologies Inc is operating .

  • Measures how much profit NetSol Technologies Inc 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 NetSol Technologies Inc to the Software - Application industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NetSol Technologies Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-5.3%+5.3%
TTM-5.3%YOY-14.2%+8.9%
TTM-5.3%5Y1.8%-7.1%
5Y1.8%10Y2.0%-0.1%
1.2.2. Operating Ratio

Measures how efficient NetSol Technologies Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.46 means that the operating costs are €1.46 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of NetSol Technologies Inc:

  • The MRQ is 1.462. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.647. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.462TTM1.647-0.185
TTM1.647YOY1.802-0.155
TTM1.6475Y1.578+0.069
5Y1.57810Y1.487+0.090

1.3. Liquidity of NetSol Technologies Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if NetSol Technologies Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 2.25 means the company has €2.25 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of NetSol Technologies Inc:

  • The MRQ is 2.250. The company is able to pay all its short-term debts. +1
  • The TTM is 2.171. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.250TTM2.171+0.079
TTM2.171YOY2.314-0.144
TTM2.1715Y2.415-0.244
5Y2.41510Y2.410+0.005
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare NetSol Technologies Inc to the Software - Application industry mean.
  • A Quick Ratio of 0.34 means the company can pay off €0.34 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NetSol Technologies Inc:

  • The MRQ is 0.335. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.600. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.335TTM0.600-0.264
TTM0.600YOY1.034-0.434
TTM0.6005Y0.974-0.374
5Y0.97410Y1.166-0.191

1.4. Solvency of NetSol Technologies Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of NetSol Technologies Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare NetSol Technologies Inc to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.33 means that NetSol Technologies Inc assets are financed with 32.9% credit (debt) and the remaining percentage (100% - 32.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of NetSol Technologies Inc:

  • The MRQ is 0.329. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.339. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.329TTM0.339-0.009
TTM0.339YOY0.303+0.035
TTM0.3395Y0.288+0.050
5Y0.28810Y0.278+0.011
1.4.2. Debt to Equity Ratio

Measures if NetSol Technologies Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare NetSol Technologies Inc to the Software - Application industry mean.
  • A Debt to Equity ratio of 54.9% means that company has €0.55 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NetSol Technologies Inc:

  • The MRQ is 0.549. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.563. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.549TTM0.563-0.014
TTM0.563YOY0.485+0.078
TTM0.5635Y0.457+0.106
5Y0.45710Y0.439+0.019

2. Market Valuation of NetSol Technologies Inc

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 NetSol Technologies Inc generates.

  • Above 15 is considered overpriced but always compare NetSol Technologies Inc to the Software - Application industry mean.
  • A PE ratio of 14.86 means the investor is paying €14.86 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NetSol Technologies Inc:

  • The EOD is 19.011. Based on the earnings, the company is fair priced.
  • The MRQ is 14.861. Based on the earnings, the company is underpriced. +1
  • The TTM is 44.677. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD19.011MRQ14.861+4.149
MRQ14.861TTM44.677-29.815
TTM44.677YOY-15.330+60.006
TTM44.6775Y9.652+35.024
5Y9.65210Y8.096+1.557
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NetSol Technologies Inc:

  • The EOD is -6.171. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.824. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 0.413. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-6.171MRQ-4.824-1.347
MRQ-4.824TTM0.413-5.237
TTM0.413YOY-44.038+44.451
TTM0.4135Y-11.358+11.771
5Y-11.35810Y-7.833-3.525
2. Book Value per Share
2.3. Price to Book Ratio

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

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

Let's take a look of the Price to Book Ratio trends of NetSol Technologies Inc:

  • The EOD is 0.806. Based on the equity, the company is cheap. +2
  • The MRQ is 0.630. Based on the equity, the company is cheap. +2
  • The TTM is 0.648. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.806MRQ0.630+0.176
MRQ0.630TTM0.648-0.018
TTM0.648YOY0.752-0.105
TTM0.6485Y0.705-0.057
5Y0.70510Y0.717-0.012
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of NetSol Technologies Inc 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--0.152-0.118+178%-0.318+309%-0.119+178%0.108+41%
Book Value Per Share--3.1283.105+1%4.045-23%4.486-30%4.923-36%
Current Ratio--2.2502.171+4%2.314-3%2.415-7%2.410-7%
Debt To Asset Ratio--0.3290.339-3%0.303+9%0.288+14%0.278+19%
Debt To Equity Ratio--0.5490.563-2%0.485+13%0.457+20%0.439+25%
Dividend Per Share----0%-0%-0%0.012-100%
Eps--0.033-0.197+695%-0.105+416%-0.024+172%-0.007+122%
Free Cash Flow Per Share---0.102-0.001-99%0.095-207%0.068-250%0.068-250%
Free Cash Flow To Equity Per Share---0.101-0.009-91%0.069-246%0.058-273%0.058-273%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---37.632--------
Intrinsic Value_10Y_min---31.206--------
Intrinsic Value_1Y_max---0.486--------
Intrinsic Value_1Y_min---0.475--------
Intrinsic Value_3Y_max---3.963--------
Intrinsic Value_3Y_min---3.733--------
Intrinsic Value_5Y_max---10.459--------
Intrinsic Value_5Y_min---9.492--------
Market Cap28705068.000+22%22440073.00022952663.500-2%34571381.500-35%36585157.180-39%40482379.613-45%
Net Profit Margin--0.027-0.038+241%-0.099+470%0.001+3298%0.006+363%
Operating Margin----0.0530%-0.1420%0.018-100%0.020-100%
Operating Ratio--1.4621.647-11%1.802-19%1.578-7%1.487-2%
Pb Ratio0.806+22%0.6300.648-3%0.752-16%0.705-11%0.717-12%
Pe Ratio19.011+22%14.86144.677-67%-15.330+203%9.652+54%8.096+84%
Price Per Share2.520+22%1.9702.015-2%3.035-35%3.193-38%3.541-44%
Price To Free Cash Flow Ratio-6.171-28%-4.8240.413-1268%-44.038+813%-11.358+135%-7.833+62%
Price To Total Gains Ratio16.565+22%12.949-43.791+438%-12.327+195%-2.835+122%-9.717+175%
Quick Ratio--0.3350.600-44%1.034-68%0.974-66%1.166-71%
Return On Assets--0.007-0.009+229%-0.019+363%0.000+104%0.001+620%
Return On Equity--0.012-0.017+247%-0.030+353%-0.002+113%0.001+1105%
Total Gains Per Share--0.152-0.118+178%-0.318+309%-0.119+178%0.120+27%
Usd Book Value--38538753.71338253575.937+1%49837637.811-23%55730973.929-31%60971974.254-37%
Usd Book Value Change Per Share--0.165-0.128+178%-0.344+309%-0.129+178%0.117+41%
Usd Book Value Per Share--3.3833.358+1%4.375-23%4.853-30%5.325-36%
Usd Dividend Per Share----0%-0%-0%0.013-100%
Usd Eps--0.036-0.213+695%-0.113+416%-0.026+172%-0.008+122%
Usd Free Cash Flow---1257928.812-8246.511-99%1174842.683-207%680953.702-285%469623.242-368%
Usd Free Cash Flow Per Share---0.110-0.001-99%0.103-207%0.074-250%0.074-250%
Usd Free Cash Flow To Equity Per Share---0.109-0.010-91%0.075-246%0.063-273%0.063-273%
Usd Market Cap31050272.056+22%24273426.96424827896.108-2%37395863.369-35%39574164.521-39%43789790.028-45%
Usd Price Per Share2.726+22%2.1312.180-2%3.283-35%3.454-38%3.830-44%
Usd Profit--408328.923-522738.294+228%-1289932.075+416%91243.938+348%177975.219+129%
Usd Revenue--15238423.28114194664.247+7%13363106.179+14%14242163.800+7%14730049.122+3%
Usd Total Gains Per Share--0.165-0.128+178%-0.344+309%-0.129+178%0.129+27%
 EOD+5 -3MRQTTM+23 -9YOY+15 -175Y+15 -1810Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of NetSol Technologies Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.011
Price to Book Ratio (EOD)Between0-10.806
Net Profit Margin (MRQ)Greater than00.027
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.335
Current Ratio (MRQ)Greater than12.250
Debt to Asset Ratio (MRQ)Less than10.329
Debt to Equity Ratio (MRQ)Less than10.549
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.007
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of NetSol Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.344
Ma 20Greater thanMa 502.578
Ma 50Greater thanMa 1002.341
Ma 100Greater thanMa 2002.119
OpenGreater thanClose2.520
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets57,472
Total Liabilities18,934
Total Stockholder Equity34,463
 As reported
Total Liabilities 18,934
Total Stockholder Equity+ 34,463
Total Assets = 57,472

Assets

Total Assets57,472
Total Current Assets40,077
Long-term Assets17,395
Total Current Assets
Cash And Cash Equivalents 15,660
Net Receivables 5,976
Other Current Assets 256
Total Current Assets  (as reported)40,077
Total Current Assets  (calculated)21,891
+/- 18,186
Long-term Assets
Property Plant Equipment 7,325
Goodwill 9,303
Long-term Assets Other 32
Long-term Assets  (as reported)17,395
Long-term Assets  (calculated)16,660
+/- 734

Liabilities & Shareholders' Equity

Total Current Liabilities17,812
Long-term Liabilities1,122
Total Stockholder Equity34,463
Total Current Liabilities
Short Long Term Debt 5,813
Accounts payable 1,324
Total Current Liabilities  (as reported)17,812
Total Current Liabilities  (calculated)7,137
+/- 10,675
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,981
Long-term Liabilities  (as reported)1,122
Long-term Liabilities  (calculated)1,981
+/- 859
Total Stockholder Equity
Total Stockholder Equity (as reported)34,463
Total Stockholder Equity (calculated)0
+/- 34,463
Other
Capital Stock123
Common Stock Shares Outstanding 11,391
Net Invested Capital 40,276
Net Working Capital 22,265
Property Plant and Equipment Gross 19,351



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
92,628
98,221
99,677
98,480
104,537
103,903
99,774
90,335
88,145
91,743
87,497
88,379
91,002
86,407
88,473
83,063
85,459
88,316
86,606
80,889
81,499
82,076
72,609
66,446
64,816
59,550
58,379
55,865
57,472
57,47255,86558,37959,55064,81666,44672,60982,07681,49980,88986,60688,31685,45983,06388,47386,40791,00288,37987,49791,74388,14590,33599,774103,903104,53798,48099,67798,22192,628
   > Total Current Assets 
40,669
47,196
44,272
44,461
51,465
58,294
57,351
50,689
52,262
56,284
54,592
52,757
55,245
53,129
51,896
52,665
52,903
55,562
55,579
52,145
54,090
55,103
49,428
44,071
43,077
40,824
41,604
38,675
40,077
40,07738,67541,60440,82443,07744,07149,42855,10354,09052,14555,57955,56252,90352,66551,89653,12955,24552,75754,59256,28452,26250,68957,35158,29451,46544,46144,27247,19640,669
       Cash And Cash Equivalents 
9,505
8,450
14,173
8,555
10,005
12,712
22,089
20,436
20,321
17,015
17,366
17,621
22,084
15,743
20,167
24,885
32,004
30,599
33,705
27,000
25,588
30,573
23,964
20,923
20,947
15,259
15,533
16,552
15,660
15,66016,55215,53315,25920,94720,92323,96430,57325,58827,00033,70530,59932,00424,88520,16715,74322,08417,62117,36617,01520,32120,43622,08912,71210,0058,55514,1738,4509,505
       Net Receivables 
28,259
35,705
27,888
33,481
39,289
42,962
33,057
27,409
28,671
18,984
15,599
11,305
30,826
35,327
29,860
25,277
18,616
22,085
19,007
22,315
25,978
21,759
23,263
20,729
19,434
9,223
24,185
6,871
5,976
5,9766,87124,1859,22319,43420,72923,26321,75925,97822,31519,00722,08518,61625,27729,86035,32730,82611,30515,59918,98428,67127,40933,05742,96239,28933,48127,88835,70528,259
       Other Current Assets 
2,905
3,041
1,614
1,699
1,511
1,899
1,543
2,077
2,401
426
439
334
1,295
1,091
834
1,371
1,040
1,088
879
971
972
1,061
812
1,062
1,062
449
586
315
256
2563155864491,0621,0628121,0619729718791,0881,0401,3718341,0911,2953344394262,4012,0771,5431,8991,5111,6991,6143,0412,905
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
35,459
32,905
35,622
35,756
33,278
36,577
30,398
32,556
32,754
31,027
28,743
27,409
26,973
23,180
22,375
21,739
18,725
16,776
17,190
17,395
17,39517,19016,77618,72521,73922,37523,18026,97327,40928,74331,02732,75432,55630,39836,57733,27835,75635,62232,90535,459000000000
       Property Plant Equipment 
21,873
21,206
20,371
19,647
18,443
17,526
16,165
15,650
14,006
14,374
12,097
15,214
15,720
14,245
13,690
13,390
14,147
14,539
13,438
12,019
11,295
11,353
10,352
10,187
9,966
7,974
7,313
7,130
7,325
7,3257,1307,3137,9749,96610,18710,35211,35311,29512,01913,43814,53914,14713,39013,69014,24515,72015,21412,09714,37414,00615,65016,16517,52618,44319,64720,37121,20621,873
       Goodwill 
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,517
9,303
9,303
9,303
9,303
9,303
9,303
9,303
9,3039,3039,3039,3039,3039,3039,3039,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,5179,517
       Long Term Investments 
0
2,462
3,057
3,258
3,390
3,174
3,217
2,959
2,689
2,501
2,654
2,461
2,412
2,330
2,388
2,417
3,735
3,196
3,156
2,995
2,922
2,894
1,059
0
1,065
1,067
25
0
0
00251,0671,06501,0592,8942,9222,9953,1563,1963,7352,4172,3882,3302,4122,4612,6542,5012,6892,9593,2173,1743,3903,2583,0572,4620
       Intangible Assets 
18,423
17,663
17,043
16,140
14,811
13,534
12,247
11,466
9,637
9,043
7,333
7,159
6,793
5,881
5,391
5,033
4,754
4,507
3,905
3,183
2,657
2,178
1,588
1,111
801
382
128
0
0
001283828011,1111,5882,1782,6573,1833,9054,5074,7545,0335,3915,8816,7937,1597,3339,0439,63711,46612,24713,53414,81116,14017,04317,66318,423
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
24
24
25
24
23
42
41
47
49
55
60
33
38
26
1
1
0
7
32
32
323270112638336055494741422324252424000000000
> Total Liabilities 
29,106
33,205
21,484
21,192
28,115
25,091
22,838
20,886
20,236
22,039
21,013
22,314
24,155
22,520
22,996
22,530
24,240
27,237
24,741
21,845
21,473
24,294
21,754
20,099
20,455
18,523
21,598
19,202
18,934
18,93419,20221,59818,52320,45520,09921,75424,29421,47321,84524,74127,23724,24022,53022,99622,52024,15522,31421,01322,03920,23620,88622,83825,09128,11521,19221,48433,20529,106
   > Total Current Liabilities 
14,637
17,169
21,117
20,885
27,864
24,795
22,508
20,590
19,890
21,323
20,448
19,908
21,771
20,578
20,116
19,713
21,723
25,565
23,477
21,010
21,033
23,595
20,831
18,970
19,358
17,656
20,769
18,268
17,812
17,81218,26820,76917,65619,35818,97020,83123,59521,03321,01023,47725,56521,72319,71320,11620,57821,77119,90820,44821,32319,89020,59022,50824,79527,86420,88521,11717,16914,637
       Short-term Debt 
4,369
5,650
10,590
10,324
10,384
9,396
8,927
0
0
7,642
6,541
7,659
10,266
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000010,2667,6596,5417,642008,9279,39610,38410,32410,5905,6504,369
       Short Long Term Debt 
4,369
5,650
10,590
10,324
10,384
9,396
8,927
0
0
7,642
6,541
7,659
10,266
8,476
8,847
9,399
9,961
12,262
11,218
10,324
10,148
9,545
8,343
7,250
7,387
5,789
5,606
5,588
5,813
5,8135,5885,6065,7897,3877,2508,3439,54510,14810,32411,21812,2629,9619,3998,8478,47610,2667,6596,5417,642008,9279,39610,38410,32410,5905,6504,369
       Accounts payable 
7,373
7,404
1,466
1,467
1,639
1,659
1,666
1,564
1,675
1,511
1,156
1,831
1,904
1,712
1,351
1,318
1,329
1,173
1,068
940
871
1,792
1,176
1,192
943
988
1,115
1,371
1,324
1,3241,3711,1159889431,1921,1761,7928719401,0681,1731,3291,3181,3511,7121,9041,8311,1561,5111,6751,5641,6661,6591,6391,4671,4667,4047,373
       Other Current Liabilities 
2,895
4,114
4,408
4,088
10,517
8,345
6,438
5,412
5,209
88
88
88
3,758
3,894
4,626
3,242
4,296
6,334
5,444
4,192
4,548
7,614
5,481
4,655
4,812
0
8,522
0
0
008,52204,8124,6555,4817,6144,5484,1925,4446,3344,2963,2424,6263,8943,7588888885,2095,4126,4388,34510,5174,0884,4084,1142,895
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
717
565
2,406
2,385
1,942
2,880
2,817
2,517
1,672
1,264
835
440
699
923
1,129
1,097
867
828
934
1,122
1,1229348288671,0971,1299236994408351,2641,6722,5172,8172,8801,9422,3852,406565717000000000
> Total Stockholder Equity
63,521
65,016
63,394
62,537
61,879
63,245
62,790
58,133
57,672
59,065
58,069
57,459
59,956
57,525
58,988
53,893
53,932
53,636
54,650
52,605
53,101
51,060
45,404
42,067
40,309
37,724
33,807
33,461
34,463
34,46333,46133,80737,72440,30942,06745,40451,06053,10152,60554,65053,63653,93253,89358,98857,52559,95657,45958,06959,06557,67258,13362,79063,24561,87962,53763,39465,01663,521
   Common Stock
110
111
112
113
114
115
117
118
119
119
119
120
120
120
121
121
121
122
122
122
122
122
122
122
122
0
123
0
0
001230122122122122122122122122121121121120120120119119119118117115114113112111110
   Retained Earnings Total Equity00000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 00-45,9750-42,011-42,281-39,363-36,740-34,936-34,014-31,868-31,119-32,060-33,210-34,085-34,065-30,457-32,222-33,125-28,696-28,668-24,870-24,607-22,226-20,497-18,937-18,372-19,157-19,079



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue52,393
Cost of Revenue-35,478
Gross Profit16,91616,916
 
Operating Income (+$)
Gross Profit16,916
Operating Expense-61,173
Operating Income-8,780-44,258
 
Operating Expense (+$)
Research Development1,602
Selling General Administrative24,094
Selling And Marketing Expenses-
Operating Expense61,17325,696
 
Net Interest Income (+$)
Interest Income1,218
Interest Expense-765
Other Finance Cost-0
Net Interest Income453
 
Pretax Income (+$)
Operating Income-8,780
Net Interest Income453
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-3,218-13,889
EBIT - interestExpense = -9,545
-4,317
-4,479
Interest Expense765
Earnings Before Interest and Taxes (EBIT)-8,780-2,453
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-3,218
Tax Provision-927
Net Income From Continuing Ops-4,144-4,144
Net Income-5,244
Net Income Applicable To Common Shares-5,244
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net5,109-453
 

Technical Analysis of NetSol Technologies Inc
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 NetSol Technologies Inc. The general trend of NetSol Technologies Inc is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine NetSol Technologies Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of NetSol Technologies Inc.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 2.72 < 2.72 < 2.72.

The bearish price targets are: 2.5 > 2.34 > 2.26.

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NetSol Technologies Inc 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 NetSol Technologies Inc. The current mas is .

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

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

Directionalities and relatives.

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

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

NetSol Technologies Inc 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 NetSol Technologies Inc. The current macd is 0.04369022.

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 NetSol Technologies Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for NetSol Technologies Inc. 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 NetSol Technologies Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
NetSol Technologies Inc Daily Moving Average Convergence/Divergence (MACD) ChartNetSol Technologies Inc 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 NetSol Technologies Inc. The current adx is 20.29.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 NetSol Technologies Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
NetSol Technologies Inc 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 NetSol Technologies Inc. The current sar is 2.69248832.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
NetSol Technologies Inc 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 NetSol Technologies Inc. The current rsi is 50.34. The current phase is Continuation in bull 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).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
NetSol Technologies Inc Daily Relative Strength Index (RSI) ChartNetSol Technologies Inc 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 NetSol Technologies Inc. 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 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the NetSol Technologies Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
NetSol Technologies Inc Daily Stochastic Oscillator ChartNetSol Technologies Inc 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 NetSol Technologies Inc. The current cci is -82.69065981.

NetSol Technologies Inc Daily Commodity Channel Index (CCI) ChartNetSol Technologies Inc 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 NetSol Technologies Inc. The current cmo is -9.71436886.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
NetSol Technologies Inc Daily Chande Momentum Oscillator (CMO) ChartNetSol Technologies Inc 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 NetSol Technologies Inc. The current willr is -76.92307692.

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 NetSol Technologies Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
NetSol Technologies Inc Daily Williams %R ChartNetSol Technologies Inc 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 NetSol Technologies Inc.

NetSol Technologies Inc 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 NetSol Technologies Inc. The current atr is 0.06503062.

NetSol Technologies Inc Daily Average True Range (ATR) ChartNetSol Technologies Inc 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 NetSol Technologies Inc. The current obv is -9,037.

NetSol Technologies Inc Daily On-Balance Volume (OBV) ChartNetSol Technologies Inc 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 NetSol Technologies Inc. The current mfi is 54.46.

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

  • MFI > 50: +1
NetSol Technologies Inc Daily Money Flow Index (MFI) ChartNetSol Technologies Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for NetSol Technologies Inc.

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
2023-11-07 00:00:00DMI 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).
2023-11-08 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09 00:00:00DMI 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10 00:00:00SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20 00:00:00DMI 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.
2023-11-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24 00:00:00WILLR 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).
2023-11-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00DMI 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
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).
2023-12-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-18 00:00:00MACD 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).
2023-12-20 00:00:00STOCH 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).
2023-12-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-04 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05 00:00:00MACD 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
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).
2024-01-08 00:00:00STOCH 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).
2024-01-09 00:00:00MACD 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).
2024-01-10 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18 00:00:00DMI 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).
2024-01-19 00:00:00STOCH 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).
2024-01-23 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01 00:00:00DMI 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.
2024-02-02 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00DMI 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
2024-02-09 00:00:00DMI 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).
2024-02-12 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-13 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-20 00:00:00SAR 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

NetSol Technologies Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of NetSol Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.344
Ma 20Greater thanMa 502.578
Ma 50Greater thanMa 1002.341
Ma 100Greater thanMa 2002.119
OpenGreater thanClose2.520
Total4/5 (80.0%)
Penke

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