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Norwegian Air Shuttle ASA
Buy, Hold or Sell?

Let's analyse Norwegian together

PenkeI guess you are interested in Norwegian Air Shuttle ASA. 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 Norwegian Air Shuttle ASA. 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 Norwegian (30 sec.)










What can you expect buying and holding a share of Norwegian? (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?
25.0%

What is your share worth?

Current worth
$6.00
Expected worth in 1 year
$11.65
How sure are you?
52.5%

+ What do you gain per year?

Total Gains per Share
$5.65
Return On Investment
376.8%

For what price can you sell your share?

Current Price per Share
$1.50
Expected price per share
$1 - $1.87
How sure are you?
50%

1. Valuation of Norwegian (5 min.)




Live pricePrice per Share (EOD)

$1.50

Intrinsic Value Per Share

$-1.63 - $7.85

Total Value Per Share

$4.36 - $13.85

2. Growth of Norwegian (5 min.)




Is Norwegian growing?

Current yearPrevious yearGrowGrow %
How rich?$5.7b$346.8m$1.3b80.1%

How much money is Norwegian making?

Current yearPrevious yearGrowGrow %
Making money$40.2m$23.2m$16.9m42.1%
Net Profit Margin2.2%-4.5%--

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

3. Financial Health of Norwegian (5 min.)




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




  Industry Rankings (Airlines)  


Richest
#12 / 74

Most Revenue
#49 / 74

Most Profit
#31 / 74

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

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

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

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

Speculation

The Price per Share of Norwegian is $1.5. 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 Norwegian.
  • 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 Norwegian, 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 $6.00. Based on the TTM, the Book Value Change Per Share is $1.41 per quarter. Based on the YOY, the Book Value Change Per Share is $0.02 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 Norwegian.

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 Eps0.011.0%0.032.1%0.021.1%-0.11-7.3%-0.05-3.7%
Usd Book Value Change Per Share5.49365.9%1.4194.2%0.021.3%0.2114.1%0.085.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.2%0.000.1%
Usd Total Gains Per Share5.49365.9%1.4194.2%0.021.3%0.2114.3%0.085.4%
Usd Price Per Share1.02-0.98-0.85-2.35-11.82-
Price to Earnings Ratio17.35-5.37--4.73-8.95--108.87-
Price-to-Total Gains Ratio0.19--987.91--5.21--186.57--117.00-
Price to Book Ratio0.17-2.14-2.99-3.18-5.17-
Price-to-Total Gains Ratio0.19--987.91--5.21--186.57--117.00-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.5
Number of shares666
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share1.410.21
Usd Total Gains Per Share1.410.21
Gains per Quarter (666 shares)940.94143.11
Gains per Year (666 shares)3,763.74572.45
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103764375410563562
20752775181911261134
3011291112822916891706
4015055150463822522278
5018819188104828152850
6022582225745733783422
7026346263386739413994
8030110301027645044566
9033874338668650665138
10037637376309556295710

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 Share3.01.00.075.0%8.04.00.066.7%10.010.00.050.0%21.019.00.052.5%32.028.00.053.3%
Book Value Change Per Share2.02.00.050.0%7.04.01.058.3%9.09.02.045.0%20.018.02.050.0%29.026.05.048.3%
Dividend per Share0.00.04.00.0%8.00.04.066.7%10.00.010.050.0%10.00.030.025.0%10.00.050.016.7%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%10.09.01.050.0%21.018.01.052.5%30.026.04.050.0%

Fundamentals of Norwegian

About Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It operates short haul point to point domestic and cross border flights services. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 70 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.

Fundamental data was last updated by Penke on 2024-03-12 01:42:05.

Financial Health

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

Valuation

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

1.1. Profitability of Norwegian Air Shuttle ASA.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Norwegian to the Airlines industry mean.
  • A Net Profit Margin of 2.8% 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 Norwegian Air Shuttle ASA:

  • The MRQ is 2.8%. The company is making a profit. +1
  • The TTM is 2.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.2%+0.6%
TTM2.2%YOY-4.5%+6.7%
TTM2.2%5Y-111.1%+113.4%
5Y-111.1%10Y-57.5%-53.7%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%2.3%+0.5%
TTM2.2%3.7%-1.5%
YOY-4.5%-9.8%+5.3%
5Y-111.1%-21.2%-89.9%
10Y-57.5%-8.9%-48.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Norwegian to the Airlines industry mean.
  • 0.0% Return on Assets means that Norwegian generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Norwegian Air Shuttle ASA:

  • The MRQ is 0.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.0%TTM1.2%-1.2%
TTM1.2%YOY0.8%+0.4%
TTM1.2%5Y-1.0%+2.2%
5Y-1.0%10Y-0.5%-0.5%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%0.7%-0.7%
TTM1.2%0.7%+0.5%
YOY0.8%-1.5%+2.3%
5Y-1.0%-1.2%+0.2%
10Y-0.5%0.1%-0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Norwegian to the Airlines industry mean.
  • 0.2% Return on Equity means Norwegian generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Norwegian Air Shuttle ASA:

  • The MRQ is 0.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM4.1%-3.9%
TTM4.1%YOY1.1%+3.0%
TTM4.1%5Y2.2%+1.9%
5Y2.2%10Y0.4%+1.8%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%9.6%-9.4%
TTM4.1%3.8%+0.3%
YOY1.1%-4.0%+5.1%
5Y2.2%-6.7%+8.9%
10Y0.4%-1.7%+2.1%

1.2. Operating Efficiency of Norwegian Air Shuttle ASA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Norwegian is operating .

  • Measures how much profit Norwegian 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 Norwegian to the Airlines industry mean.
  • An Operating Margin of 5.5% means the company generated $0.06  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Norwegian Air Shuttle ASA:

  • The MRQ is 5.5%. The company is operating less efficient.
  • The TTM is 4.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.5%TTM4.8%+0.7%
TTM4.8%YOY-0.4%+5.2%
TTM4.8%5Y-102.4%+107.2%
5Y-102.4%10Y-52.5%-49.9%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ5.5%6.8%-1.3%
TTM4.8%4.4%+0.4%
YOY-0.4%-3.0%+2.6%
5Y-102.4%-16.4%-86.0%
10Y-52.5%-4.8%-47.7%
1.2.2. Operating Ratio

Measures how efficient Norwegian is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Airlines industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are $0.94 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Norwegian Air Shuttle ASA:

  • The MRQ is 0.945. The company is less efficient in keeping operating costs low.
  • The TTM is 0.955. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.945TTM0.955-0.011
TTM0.955YOY1.114-0.159
TTM0.9555Y1.597-0.642
5Y1.59710Y1.322+0.275
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9451.211-0.266
TTM0.9551.219-0.264
YOY1.1141.280-0.166
5Y1.5971.695-0.098
10Y1.3221.3220.000

1.3. Liquidity of Norwegian Air Shuttle ASA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Airlines industry mean).
  • A Current Ratio of 1.46 means the company has $1.46 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Norwegian Air Shuttle ASA:

  • The MRQ is 1.456. The company is just able to pay all its short-term debts.
  • The TTM is 1.249. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.456TTM1.249+0.207
TTM1.249YOY1.302-0.053
TTM1.2495Y1.079+0.170
5Y1.07910Y0.809+0.270
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4560.772+0.684
TTM1.2490.771+0.478
YOY1.3020.791+0.511
5Y1.0790.762+0.317
10Y0.8090.762+0.047
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Norwegian to the Airlines industry mean.
  • A Quick Ratio of 1.43 means the company can pay off $1.43 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Norwegian Air Shuttle ASA:

  • The MRQ is 1.427. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.230. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.427TTM1.230+0.197
TTM1.230YOY1.274-0.045
TTM1.2305Y0.963+0.267
5Y0.96310Y0.709+0.254
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4270.531+0.896
TTM1.2300.507+0.723
YOY1.2740.549+0.725
5Y0.9630.459+0.504
10Y0.7090.480+0.229

1.4. Solvency of Norwegian Air Shuttle ASA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Norwegian to Airlines industry mean.
  • A Debt to Asset Ratio of 0.81 means that Norwegian assets are financed with 81.1% credit (debt) and the remaining percentage (100% - 81.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Norwegian Air Shuttle ASA:

  • The MRQ is 0.811. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.845. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.811TTM0.845-0.034
TTM0.845YOY0.839+0.007
TTM0.8455Y0.905-0.060
5Y0.90510Y0.910-0.005
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8110.847-0.036
TTM0.8450.851-0.006
YOY0.8390.842-0.003
5Y0.9050.820+0.085
10Y0.9100.759+0.151
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Norwegian to the Airlines industry mean.
  • A Debt to Equity ratio of 429.2% means that company has $4.29 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Norwegian Air Shuttle ASA:

  • The MRQ is 4.292. The company is unable to pay all its debts with equity. -1
  • The TTM is 5.884. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.292TTM5.884-1.592
TTM5.884YOY5.496+0.388
TTM5.8845Y9.985-4.101
5Y9.98510Y11.275-1.290
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2923.744+0.548
TTM5.8844.139+1.745
YOY5.4964.047+1.449
5Y9.9854.376+5.609
10Y11.2753.492+7.783

2. Market Valuation of Norwegian Air Shuttle ASA

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 Norwegian generates.

  • Above 15 is considered overpriced but always compare Norwegian to the Airlines industry mean.
  • A PE ratio of 17.35 means the investor is paying $17.35 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Norwegian Air Shuttle ASA:

  • The EOD is 25.511. Based on the earnings, the company is overpriced. -1
  • The MRQ is 17.347. Based on the earnings, the company is fair priced.
  • The TTM is 5.374. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD25.511MRQ17.347+8.164
MRQ17.347TTM5.374+11.973
TTM5.374YOY-4.731+10.105
TTM5.3745Y8.949-3.575
5Y8.94910Y-108.866+117.815
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD25.5113.143+22.368
MRQ17.3473.455+13.892
TTM5.3743.539+1.835
YOY-4.731-1.080-3.651
5Y8.9492.318+6.631
10Y-108.8667.790-116.656
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Norwegian Air Shuttle ASA:

  • The EOD is 8.423. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.728. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.965. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.423MRQ5.728+2.695
MRQ5.728TTM2.965+2.762
TTM2.965YOY-4.414+7.379
TTM2.9655Y-26.631+29.596
5Y-26.63110Y-6.918-19.713
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD8.4231.430+6.993
MRQ5.7281.260+4.468
TTM2.9651.882+1.083
YOY-4.4140.538-4.952
5Y-26.631-0.307-26.324
10Y-6.9180.151-7.069
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Airlines industry mean).
  • A PB ratio of 0.17 means the investor is paying $0.17 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Norwegian Air Shuttle ASA:

  • The EOD is 0.250. Based on the equity, the company is cheap. +2
  • The MRQ is 0.170. Based on the equity, the company is cheap. +2
  • The TTM is 2.143. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.250MRQ0.170+0.080
MRQ0.170TTM2.143-1.973
TTM2.143YOY2.988-0.845
TTM2.1435Y3.181-1.038
5Y3.18110Y5.175-1.994
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD0.2501.541-1.291
MRQ0.1701.524-1.354
TTM2.1431.921+0.222
YOY2.9881.711+1.277
5Y3.1812.377+0.804
10Y5.1752.544+2.631
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Norwegian Air Shuttle ASA 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--5.4891.413+289%0.019+28798%0.211+2498%0.079+6892%
Book Value Per Share--5.9971.779+237%0.316+1798%0.593+912%1.792+235%
Current Ratio--1.4561.249+17%1.302+12%1.079+35%0.809+80%
Debt To Asset Ratio--0.8110.845-4%0.839-3%0.905-10%0.910-11%
Debt To Equity Ratio--4.2925.884-27%5.496-22%9.985-57%11.275-62%
Dividend Per Share----0%0.000-100%0.004-100%0.002-100%
Eps--0.0150.031-53%0.017-14%-0.110+847%-0.055+474%
Free Cash Flow Per Share--0.0450.099-55%0.032+39%0.035+27%-0.058+230%
Free Cash Flow To Equity Per Share--0.0160.040-61%-0.001+104%-0.015+195%-0.033+305%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.929+8%
Intrinsic Value_10Y_max--7.849--------
Intrinsic Value_10Y_min---1.635--------
Intrinsic Value_1Y_max--0.265--------
Intrinsic Value_1Y_min---0.222--------
Intrinsic Value_3Y_max--1.195--------
Intrinsic Value_3Y_min---0.620--------
Intrinsic Value_5Y_max--2.603--------
Intrinsic Value_5Y_min---0.964--------
Market Cap1443849024.000+32%981817336.3201011126257.500-3%911375895.826+8%2315753829.735-58%11399360341.339-91%
Net Profit Margin--0.0280.022+27%-0.045+258%-1.111+4026%-0.575+2130%
Operating Margin--0.0550.048+14%-0.004+106%-1.024+1953%-0.525+1050%
Operating Ratio--0.9450.955-1%1.114-15%1.597-41%1.322-29%
Pb Ratio0.250+32%0.1702.143-92%2.988-94%3.181-95%5.175-97%
Pe Ratio25.511+32%17.3475.374+223%-4.731+127%8.949+94%-108.866+728%
Price Per Share1.500+32%1.0200.975+5%0.852+20%2.354-57%11.817-91%
Price To Free Cash Flow Ratio8.423+32%5.7282.965+93%-4.414+177%-26.631+565%-6.918+221%
Price To Total Gains Ratio0.273+32%0.186-987.912+531727%-5.214+2906%-186.572+100500%-117.004+63064%
Quick Ratio--1.4271.230+16%1.274+12%0.963+48%0.709+101%
Return On Assets--0.0000.012-96%0.008-94%-0.010+2295%-0.005+1239%
Return On Equity--0.0020.041-94%0.011-78%0.022-89%0.004-41%
Total Gains Per Share--5.4891.413+289%0.019+28292%0.215+2454%0.080+6736%
Usd Book Value--5772600000.0001745324635.000+231%346803205.000+1565%589385540.000+879%1734396370.000+233%
Usd Book Value Change Per Share--5.4891.413+289%0.019+28798%0.211+2498%0.079+6892%
Usd Book Value Per Share--5.9971.779+237%0.316+1798%0.593+912%1.792+235%
Usd Dividend Per Share----0%0.000-100%0.004-100%0.002-100%
Usd Eps--0.0150.031-53%0.017-14%-0.110+847%-0.055+474%
Usd Free Cash Flow--42855280.000104600960.000-59%35616275.000+20%33357761.000+28%-51400553.845+220%
Usd Free Cash Flow Per Share--0.0450.099-55%0.032+39%0.035+27%-0.058+230%
Usd Free Cash Flow To Equity Per Share--0.0160.040-61%-0.001+104%-0.015+195%-0.033+305%
Usd Market Cap1443849024.000+32%981817336.3201011126257.500-3%911375895.826+8%2315753829.735-58%11399360341.339-91%
Usd Price Per Share1.500+32%1.0200.975+5%0.852+20%2.354-57%11.817-91%
Usd Profit--14149280.00040209235.000-65%23275010.000-39%-92847705.000+756%-53241525.185+476%
Usd Revenue--499882580.000579217630.000-14%436826610.000+14%437243310.000+14%541434686.310-8%
Usd Total Gains Per Share--5.4891.413+289%0.019+28292%0.215+2454%0.080+6736%
 EOD+4 -4MRQTTM+17 -16YOY+25 -105Y+27 -810Y+27 -9

3.2. Fundamental Score

Let's check the fundamental score of Norwegian Air Shuttle ASA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.511
Price to Book Ratio (EOD)Between0-10.250
Net Profit Margin (MRQ)Greater than00.028
Operating Margin (MRQ)Greater than00.055
Quick Ratio (MRQ)Greater than11.427
Current Ratio (MRQ)Greater than11.456
Debt to Asset Ratio (MRQ)Less than10.811
Debt to Equity Ratio (MRQ)Less than14.292
Return on Equity (MRQ)Greater than0.150.002
Return on Assets (MRQ)Greater than0.050.000
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Norwegian Air Shuttle ASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.313
Ma 20Greater thanMa 501.612
Ma 50Greater thanMa 1001.456
Ma 100Greater thanMa 2001.213
OpenGreater thanClose1.420
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets30,550,000
Total Liabilities24,777,400
Total Stockholder Equity5,772,600
 As reported
Total Liabilities 24,777,400
Total Stockholder Equity+ 5,772,600
Total Assets = 30,550,000

Assets

Total Assets30,550,000
Total Current Assets13,043,800
Long-term Assets17,506,200
Total Current Assets
Cash And Cash Equivalents 9,477,900
Net Receivables 3,306,300
Inventory 259,600
Total Current Assets  (as reported)13,043,800
Total Current Assets  (calculated)13,043,800
+/-0
Long-term Assets
Property Plant Equipment 15,016,400
Long-term Assets Other 2,161,600
Long-term Assets  (as reported)17,506,200
Long-term Assets  (calculated)17,178,000
+/- 328,200

Liabilities & Shareholders' Equity

Total Current Liabilities8,960,500
Long-term Liabilities15,816,900
Total Stockholder Equity5,772,600
Total Current Liabilities
Short-term Debt 1,713,300
Accounts payable 4,044,700
Other Current Liabilities 3,202,500
Total Current Liabilities  (as reported)8,960,500
Total Current Liabilities  (calculated)8,960,500
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)15,816,900
Long-term Liabilities  (calculated)0
+/- 15,816,900
Total Stockholder Equity
Total Stockholder Equity (as reported)5,772,600
Total Stockholder Equity (calculated)0
+/- 5,772,600
Other
Cash and Short Term Investments 9,477,900
Common Stock Shares Outstanding 961,712
Liabilities and Stockholders Equity 30,550,000
Net Debt 4,547,500
Short Long Term Debt Total 14,025,400



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
5,021,965
5,845,888
6,386,600
6,481,100
6,620,549
7,119,100
7,971,500
9,040,900
9,003,864
9,684,900
10,430,200
10,908,500
11,919,058
13,211,200
14,422,200
14,360,100
14,762,744
17,297,500
18,923,700
19,020,100
22,706,348
26,362,000
27,769,600
29,979,400
31,634,113
32,983,400
35,001,000
34,903,800
37,762,651
40,958,300
44,063,400
43,268,200
43,522,668
49,666,700
55,996,700
56,245,300
55,985,300
92,286,300
90,599,600
91,545,100
85,342,900
0
83,988,800
77,951,400
49,554,000
0
17,632,300
18,621,100
18,825,400
20,084,900
24,150,600
24,841,100
22,669,600
28,389,500
30,319,900
31,519,600
30,550,000
30,550,00031,519,60030,319,90028,389,50022,669,60024,841,10024,150,60020,084,90018,825,40018,621,10017,632,300049,554,00077,951,40083,988,800085,342,90091,545,10090,599,60092,286,30055,985,30056,245,30055,996,70049,666,70043,522,66843,268,20044,063,40040,958,30037,762,65134,903,80035,001,00032,983,40031,634,11329,979,40027,769,60026,362,00022,706,34819,020,10018,923,70017,297,50014,762,74414,360,10014,422,20013,211,20011,919,05810,908,50010,430,2009,684,9009,003,8649,040,9007,971,5007,119,1006,620,5496,481,1006,386,6005,845,8885,021,965000
   > Total Current Assets 
0
0
0
2,302,881
2,710,920
2,688,100
2,434,400
2,130,144
2,489,600
2,662,000
3,006,200
2,502,227
3,038,900
3,351,800
3,297,100
2,906,011
4,396,800
4,949,900
4,349,500
3,911,887
5,607,500
4,924,100
4,039,900
4,267,512
4,613,200
5,846,500
4,959,800
5,109,017
6,369,800
6,326,600
5,638,100
5,793,337
8,650,600
15,127,600
13,429,500
9,194,943
14,223,200
15,035,800
13,181,600
11,776,700
16,134,800
16,576,200
15,376,600
14,608,700
12,446,500
12,446,500
9,660,200
37,686,900
10,066,700
10,066,700
10,648,400
9,864,100
11,009,800
11,947,500
11,106,300
10,044,900
12,572,000
13,869,600
13,924,000
13,043,800
13,043,80013,924,00013,869,60012,572,00010,044,90011,106,30011,947,50011,009,8009,864,10010,648,40010,066,70010,066,70037,686,9009,660,20012,446,50012,446,50014,608,70015,376,60016,576,20016,134,80011,776,70013,181,60015,035,80014,223,2009,194,94313,429,50015,127,6008,650,6005,793,3375,638,1006,326,6006,369,8005,109,0174,959,8005,846,5004,613,2004,267,5124,039,9004,924,1005,607,5003,911,8874,349,5004,949,9004,396,8002,906,0113,297,1003,351,8003,038,9002,502,2273,006,2002,662,0002,489,6002,130,1442,434,4002,688,1002,710,9202,302,881000
       Cash And Cash Equivalents 
0
0
0
1,408,475
1,627,801
1,581,000
1,181,000
1,178,416
1,229,300
1,219,300
1,429,600
1,104,946
1,486,600
1,574,400
1,734,800
1,730,895
2,444,900
2,922,900
2,302,900
2,166,126
3,159,900
2,338,800
1,431,400
2,011,139
1,615,400
3,045,400
2,296,500
2,454,160
3,189,800
3,010,400
2,233,200
2,323,647
4,757,400
5,831,700
5,567,200
4,039,776
3,203,700
3,713,600
3,211,200
1,921,600
3,150,800
1,688,300
2,933,900
3,095,600
0
4,975,400
3,402,300
1,760,500
0
7,475,400
7,635,400
6,795,300
7,534,800
7,542,600
8,189,700
7,758,900
8,628,000
9,349,300
9,391,100
9,477,900
9,477,9009,391,1009,349,3008,628,0007,758,9008,189,7007,542,6007,534,8006,795,3007,635,4007,475,40001,760,5003,402,3004,975,40003,095,6002,933,9001,688,3003,150,8001,921,6003,211,2003,713,6003,203,7004,039,7765,567,2005,831,7004,757,4002,323,6472,233,2003,010,4003,189,8002,454,1602,296,5003,045,4001,615,4002,011,1391,431,4002,338,8003,159,9002,166,1262,302,9002,922,9002,444,9001,730,8951,734,8001,574,4001,486,6001,104,9461,429,6001,219,3001,229,3001,178,4161,181,0001,581,0001,627,8011,408,475000
       Short-term Investments 
0
0
0
0
25,948
20,200
8,300
0
8,100
800
202,900
0
10,100
97,900
0
0
182,200
284,300
123,300
-199,036
50,100
69,200
0
0
0
0
0
-501,811
0
0
0
-738,082
221,000
2,609,200
3,369,900
80,000
3,228,000
3,264,700
3,656,400
2,051,800
2,099,100
2,043,000
957,500
0
0
0
0
-62,600
0
0
0
0
0
0
0
-453,300
0
0
0
0
0000-453,3000000000-62,6000000957,5002,043,0002,099,1002,051,8003,656,4003,264,7003,228,00080,0003,369,9002,609,200221,000-738,082000-501,8110000069,20050,100-199,036123,300284,300182,2000097,90010,1000202,9008008,10008,30020,20025,9480000
       Net Receivables 
0
0
0
829,893
0
1,041,200
0
842,143
0
1,367,500
0
0
1,457,700
0
0
1,106,730
0
0
0
0
2,324,400
2,440,500
0
0
0
0
0
0
3,080,100
0
3,297,300
3,367,224
3,583,900
6,585,300
4,392,400
4,973,278
973,388
7,917,500
757,947
7,635,800
10,703,300
12,682,600
11,296,600
10,132,900
7,048,100
7,048,100
5,864,900
4,578,800
2,528,500
2,528,500
2,924,700
3,052,400
3,418,400
4,330,700
2,725,400
2,184,800
3,835,500
4,321,500
4,305,300
3,306,300
3,306,3004,305,3004,321,5003,835,5002,184,8002,725,4004,330,7003,418,4003,052,4002,924,7002,528,5002,528,5004,578,8005,864,9007,048,1007,048,10010,132,90011,296,60012,682,60010,703,3007,635,800757,9477,917,500973,3884,973,2784,392,4006,585,3003,583,9003,367,2243,297,30003,080,1000000002,440,5002,324,40000001,106,730001,457,700001,367,5000842,14301,041,2000829,893000
       Other Current Assets 
0
0
0
23,688
0
100
0
43,394
0
100
0
0
-100
0
0
1
0
0
0
0
-100
100
0
0
0
0
0
0
-100
0
100
1
0
-100
-100
-1
0
-100
0
200
0
-100
0
1,204,500
268,000
268,000
261,800
30,377,100
0
0
0
100
0
0
0
19,900
0
-100
0
0
00-100019,90000010000030,377,100261,800268,000268,0001,204,5000-10002000-1000-1-100-100011000-100000000100-1000000100-10000100043,3940100023,688000
   > Long-term Assets 
0
0
0
2,719,084
3,134,968
3,698,500
4,046,700
4,490,405
4,629,500
5,309,500
6,034,700
6,501,637
6,645,900
7,078,400
7,611,400
9,013,047
8,814,400
9,472,400
10,010,600
10,850,858
11,690,000
13,999,600
14,980,200
18,438,836
21,748,800
21,923,100
25,019,600
26,525,096
26,613,600
28,674,400
29,265,800
31,969,314
32,307,700
28,935,800
29,838,600
34,327,725
35,443,600
40,960,900
43,063,600
44,208,600
76,151,500
74,023,400
76,168,400
70,734,200
0
71,542,300
68,291,300
11,867,100
0
7,565,600
7,972,700
8,961,300
9,075,000
12,203,100
13,734,700
12,624,700
15,817,500
16,450,300
17,595,600
17,506,200
17,506,20017,595,60016,450,30015,817,50012,624,70013,734,70012,203,1009,075,0008,961,3007,972,7007,565,600011,867,10068,291,30071,542,300070,734,20076,168,40074,023,40076,151,50044,208,60043,063,60040,960,90035,443,60034,327,72529,838,60028,935,80032,307,70031,969,31429,265,80028,674,40026,613,60026,525,09625,019,60021,923,10021,748,80018,438,83614,980,20013,999,60011,690,00010,850,85810,010,6009,472,4008,814,4009,013,0477,611,4007,078,4006,645,9006,501,6376,034,7005,309,5004,629,5004,490,4054,046,7003,698,5003,134,9682,719,084000
       Property Plant Equipment 
0
0
0
1,035,822
2,774,172
3,298,300
3,731,100
2,159,039
4,257,600
4,948,000
5,636,600
3,938,557
6,193,400
6,607,500
7,123,400
8,516,680
8,288,000
8,912,100
9,403,000
10,150,769
10,950,900
12,915,800
14,009,600
16,985,753
19,997,000
20,295,000
23,542,300
24,812,169
24,694,200
26,722,700
27,514,100
30,099,672
29,952,600
27,110,600
28,323,500
31,451,174
32,832,700
38,324,900
40,536,400
40,106,300
71,461,300
69,407,900
71,936,800
66,378,500
62,702,100
68,274,200
65,008,700
9,553,000
5,393,800
5,393,900
5,827,200
6,767,500
6,795,500
9,834,400
11,258,300
10,078,000
13,207,100
13,669,300
14,765,400
15,016,400
15,016,40014,765,40013,669,30013,207,10010,078,00011,258,3009,834,4006,795,5006,767,5005,827,2005,393,9005,393,8009,553,00065,008,70068,274,20062,702,10066,378,50071,936,80069,407,90071,461,30040,106,30040,536,40038,324,90032,832,70031,451,17428,323,50027,110,60029,952,60030,099,67227,514,10026,722,70024,694,20024,812,16923,542,30020,295,00019,997,00016,985,75314,009,60012,915,80010,950,90010,150,7699,403,0008,912,1008,288,0008,516,6807,123,4006,607,5006,193,4003,938,5575,636,6004,948,0004,257,6002,159,0393,731,1003,298,3002,774,1721,035,822000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
94,157
0
0
0
94,157
0
0
0
94,157
0
0
0
94,157
0
0
0
93,981
0
0
0
93,981
0
0
0
94,000
0
0
0
94,000
0
0
0
104,200
0
0
0
94,000
0
0
0
94,000
0
0
0
0
000094,00000094,000000104,20000094,00000094,00000093,98100093,98100094,15700094,15700094,15700094,157000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
93,153
1,605,800
858,600
108,903
12,886
116,883
119,706
145,411
988
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000988145,411119,706116,88312,886108,903858,6001,605,80093,1530000000000000000000000000000000
       Intangible Assets 
0
0
0
190,543
273,268
295,800
210,800
210,293
229,500
213,000
222,000
236,216
0
249,800
245,800
143,616
0
0
0
131,113
0
0
0
112,668
0
0
0
112,518
0
0
0
104,279
749,200
966,600
80,437
107,403
214,139
202,839
164,661
118,300
0
0
0
104,200
0
0
0
96,700
0
0
0
86,200
0
0
2,091,800
95,100
2,097,300
2,112,600
2,125,300
0
02,125,3002,112,6002,097,30095,1002,091,8000086,20000096,700000104,200000118,300164,661202,839214,139107,40380,437966,600749,200104,279000112,518000112,668000131,113000143,616245,800249,8000236,216222,000213,000229,500210,293210,800295,800273,268190,543000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
100
0
0
0
0
-100
0
-1
0
0
0
0
0
0
0
0
0
0
-100
926,752
100
-100
100
104,548
-100
-12
100
165,781
100
5,572,800
100
9,080,300
5,572,200
5,572,200
-100
2,028,900
0
0
0
2,009,800
100
287,200
100
3,394,600
513,100
3,878,300
3,891,600
0
03,891,6003,878,300513,1003,394,600100287,2001002,009,8000002,028,900-1005,572,2005,572,2009,080,3001005,572,800100165,781100-12-100104,548100-100100926,752-1000000000000-10-1000000100000000000000
> Total Liabilities 
0
0
0
3,420,358
4,443,526
5,118,500
4,682,300
4,824,645
5,613,500
6,409,300
6,982,100
7,058,275
8,024,100
8,679,300
8,529,500
9,498,407
10,907,700
11,919,400
11,420,000
12,012,917
15,178,200
16,624,800
16,247,600
20,598,097
24,485,700
25,607,100
26,794,200
28,668,801
30,997,900
32,254,900
31,317,100
33,713,675
38,422,300
40,519,300
38,441,900
41,424,263
47,597,200
52,320,000
50,968,200
54,280,800
89,194,200
87,707,300
86,296,500
81,218,000
0
71,738,300
66,841,200
56,177,900
0
16,099,000
16,095,300
15,555,800
17,820,400
20,496,900
19,982,000
18,466,200
25,221,900
26,613,100
25,341,100
24,777,400
24,777,40025,341,10026,613,10025,221,90018,466,20019,982,00020,496,90017,820,40015,555,80016,095,30016,099,000056,177,90066,841,20071,738,300081,218,00086,296,50087,707,30089,194,20054,280,80050,968,20052,320,00047,597,20041,424,26338,441,90040,519,30038,422,30033,713,67531,317,10032,254,90030,997,90028,668,80126,794,20025,607,10024,485,70020,598,09716,247,60016,624,80015,178,20012,012,91711,420,00011,919,40010,907,7009,498,4078,529,5008,679,3008,024,1007,058,2756,982,1006,409,3005,613,5004,824,6454,682,3005,118,5004,443,5263,420,358000
   > Total Current Liabilities 
0
0
0
2,326,951
3,270,192
3,580,400
2,930,800
2,554,620
3,180,600
3,555,500
3,416,800
3,992,205
4,817,400
4,967,600
4,075,200
4,844,352
6,172,300
7,064,000
6,034,200
5,284,614
7,744,100
8,304,100
7,193,600
9,437,428
12,339,100
12,047,400
11,054,500
10,733,029
13,420,000
12,736,500
12,675,700
13,410,666
17,023,000
21,408,300
16,808,500
16,397,810
21,456,400
25,329,800
23,520,500
27,619,000
33,136,100
31,892,900
25,070,000
24,026,200
20,365,100
20,365,100
16,085,200
53,498,400
5,781,500
5,781,500
7,037,600
6,068,000
8,077,500
9,860,500
8,446,000
7,623,900
11,837,100
12,565,500
10,142,200
8,960,500
8,960,50010,142,20012,565,50011,837,1007,623,9008,446,0009,860,5008,077,5006,068,0007,037,6005,781,5005,781,50053,498,40016,085,20020,365,10020,365,10024,026,20025,070,00031,892,90033,136,10027,619,00023,520,50025,329,80021,456,40016,397,81016,808,50021,408,30017,023,00013,410,66612,675,70012,736,50013,420,00010,733,02911,054,50012,047,40012,339,1009,437,4287,193,6008,304,1007,744,1005,284,6146,034,2007,064,0006,172,3004,844,3524,075,2004,967,6004,817,4003,992,2053,416,8003,555,5003,180,6002,554,6202,930,8003,580,4003,270,1922,326,951000
       Short-term Debt 
0
0
0
675,303
0
834,200
720,700
520,972
181,000
228,400
797,800
1,551,918
1,042,000
2,484,300
2,312,100
1,349,359
1,163,400
1,542,900
1,272,000
768,401
787,500
758,800
858,800
3,330,387
3,922,000
3,469,700
3,515,500
3,041,388
2,900,000
2,036,200
3,645,000
4,768,813
5,221,500
7,826,800
4,835,700
4,244,486
4,734,200
6,589,500
9,256,500
11,309,100
13,072,500
11,303,100
8,165,100
8,784,100
0
6,106,500
5,683,300
11,935,200
0
359,800
584,600
961,000
1,193,100
1,300,900
1,453,700
1,389,000
1,734,700
1,832,200
1,725,500
1,713,300
1,713,3001,725,5001,832,2001,734,7001,389,0001,453,7001,300,9001,193,100961,000584,600359,800011,935,2005,683,3006,106,50008,784,1008,165,10011,303,10013,072,50011,309,1009,256,5006,589,5004,734,2004,244,4864,835,7007,826,8005,221,5004,768,8133,645,0002,036,2002,900,0003,041,3883,515,5003,469,7003,922,0003,330,387858,800758,800787,500768,4011,272,0001,542,9001,163,4001,349,3592,312,1002,484,3001,042,0001,551,918797,800228,400181,000520,972720,700834,2000675,303000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,712,165
24,935,500
25,110,900
519,925
53,097
514,644
723,720
1,052,867
136,403
9,429,200
11,303,100
3,953,600
4,589,600
0
3,883,800
3,900,400
8,769,800
0
130,500
133,900
183,100
212,000
197,600
205,300
198,400
247,100
248,100
124,300
0
0124,300248,100247,100198,400205,300197,600212,000183,100133,900130,50008,769,8003,900,4003,883,80004,589,6003,953,60011,303,1009,429,200136,4031,052,867723,720514,64453,097519,92525,110,90024,935,5002,712,1650000000000000000000000000000000
       Accounts payable 
0
0
0
746,549
0
0
0
1,063,436
0
0
0
1,230,935
0
0
0
406,134
0
0
0
632,921
0
0
0
888,926
0
0
0
780,626
0
0
0
990,859
0
0
0
1,754,997
0
0
0
2,265,800
0
0
0
3,093,000
0
0
0
3,984,600
0
0
0
321,000
0
0
3,889,800
529,800
3,942,300
4,317,400
4,528,500
4,044,700
4,044,7004,528,5004,317,4003,942,300529,8003,889,80000321,0000003,984,6000003,093,0000002,265,8000001,754,997000990,859000780,626000888,926000632,921000406,1340001,230,9350001,063,436000746,549000
       Other Current Liabilities 
0
0
0
792,714
0
2,746,200
2,210,100
954,233
2,999,600
3,327,100
2,619,000
1,208,325
3,775,400
2,483,300
1,763,100
1,739,681
5,008,900
5,521,100
4,762,200
2,566,517
6,956,600
7,545,300
6,334,800
2,965,427
8,417,100
8,577,700
7,539,000
4,014,430
10,520,000
10,700,300
9,030,700
4,666,213
11,801,500
13,581,500
11,972,800
6,493,614
16,722,200
18,740,300
14,264,000
6,907,300
20,063,600
20,589,800
16,904,900
6,106,400
14,258,500
14,258,600
10,401,900
401,600
5,421,600
5,421,700
6,453,000
1,324,300
6,884,400
8,559,600
6,992,300
5,705,100
10,102,400
10,733,300
8,416,700
3,202,500
3,202,5008,416,70010,733,30010,102,4005,705,1006,992,3008,559,6006,884,4001,324,3006,453,0005,421,7005,421,600401,60010,401,90014,258,60014,258,5006,106,40016,904,90020,589,80020,063,6006,907,30014,264,00018,740,30016,722,2006,493,61411,972,80013,581,50011,801,5004,666,2139,030,70010,700,30010,520,0004,014,4307,539,0008,577,7008,417,1002,965,4276,334,8007,545,3006,956,6002,566,5174,762,2005,521,1005,008,9001,739,6811,763,1002,483,3003,775,4001,208,3252,619,0003,327,1002,999,600954,2332,210,1002,746,2000792,714000
   > Long-term Liabilities 
0
0
0
1,093,407
1,173,334
1,538,100
1,751,500
2,270,025
2,432,900
2,853,800
3,565,300
3,066,070
3,206,700
3,711,700
4,454,300
4,654,055
4,735,400
4,855,400
5,385,800
6,728,303
7,434,100
8,320,700
9,054,000
11,160,669
12,146,600
13,559,700
15,739,700
17,935,772
17,577,900
19,518,400
18,641,400
20,303,009
21,399,300
19,111,000
21,633,400
25,026,453
26,140,800
26,990,200
27,447,700
26,661,800
56,058,100
55,814,400
61,226,500
57,191,800
0
51,373,200
50,756,000
2,679,500
0
10,317,500
9,057,700
9,487,800
9,742,900
10,636,400
11,536,000
10,842,300
13,384,800
14,047,600
15,198,900
15,816,900
15,816,90015,198,90014,047,60013,384,80010,842,30011,536,00010,636,4009,742,9009,487,8009,057,70010,317,50002,679,50050,756,00051,373,200057,191,80061,226,50055,814,40056,058,10026,661,80027,447,70026,990,20026,140,80025,026,45321,633,40019,111,00021,399,30020,303,00918,641,40019,518,40017,577,90017,935,77215,739,70013,559,70012,146,60011,160,6699,054,0008,320,7007,434,1006,728,3035,385,8004,855,4004,735,4004,654,0554,454,3003,711,7003,206,7003,066,0703,565,3002,853,8002,432,9002,270,0251,751,5001,538,1001,173,3341,093,407000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
184,503
1,685,300
1,826,900
329,847
44,123
373,520
385,255
410,554
55,340
4,303,000
4,425,200
4,741,500
4,967,600
4,817,800
4,817,800
4,513,700
2,493,800
1,474,000
1,474,000
1,365,300
1,071,400
1,229,900
1,662,600
2,127,300
2,146,100
2,411,100
2,862,700
3,215,100
0
03,215,1002,862,7002,411,1002,146,1002,127,3001,662,6001,229,9001,071,4001,365,3001,474,0001,474,0002,493,8004,513,7004,817,8004,817,8004,967,6004,741,5004,425,2004,303,00055,340410,554385,255373,52044,123329,8471,826,9001,685,300184,5030000000000000000000000000000000
> Total Stockholder Equity
0
0
0
1,601,607
1,402,362
1,268,100
1,798,800
1,795,904
1,505,600
1,562,200
2,058,800
1,945,589
1,660,800
1,750,900
2,379,000
2,420,651
2,303,500
2,502,800
2,940,100
2,749,827
2,119,300
2,298,900
2,772,500
2,108,251
1,876,300
2,162,500
3,185,200
2,965,312
1,985,500
2,746,100
3,586,700
4,038,206
2,520,200
3,520,600
4,809,800
2,086,077
2,058,500
3,661,400
5,262,100
1,687,200
3,079,900
2,870,400
5,226,800
4,101,100
0
12,261,600
11,110,200
-6,623,900
0
1,533,300
2,525,800
3,269,600
2,264,500
3,653,700
4,859,100
4,203,400
3,167,600
3,706,800
6,178,500
5,772,600
5,772,6006,178,5003,706,8003,167,6004,203,4004,859,1003,653,7002,264,5003,269,6002,525,8001,533,3000-6,623,90011,110,20012,261,60004,101,1005,226,8002,870,4003,079,9001,687,2005,262,1003,661,4002,058,5002,086,0774,809,8003,520,6002,520,2004,038,2063,586,7002,746,1001,985,5002,965,3123,185,2002,162,5001,876,3002,108,2512,772,5002,298,9002,119,3002,749,8272,940,1002,502,8002,303,5002,420,6512,379,0001,750,9001,660,8001,945,5892,058,8001,562,2001,505,6001,795,9041,798,8001,268,1001,402,3621,601,607000
   Common Stock
0
0
0
3,421
1,094,241
1,095,400
1,095,900
3,457
1,116,600
1,119,700
1,122,400
3,488
0
1,142,700
1,142,700
3,516
0
0
0
3,516
0
0
0
3,516
0
0
0
3,576
0
0
0
3,576
2,520,200
3,520,600
601,037
3,576
260,986
448,015
645,601
4,500
3,079,900
2,870,400
5,226,800
16,300
12,261,600
12,261,600
11,110,200
397,500
1,533,300
1,533,300
2,525,800
92,900
2,264,500
3,653,700
4,859,100
93,000
3,167,600
3,706,800
6,178,500
0
06,178,5003,706,8003,167,60093,0004,859,1003,653,7002,264,50092,9002,525,8001,533,3001,533,300397,50011,110,20012,261,60012,261,60016,3005,226,8002,870,4003,079,9004,500645,601448,015260,9863,576601,0373,520,6002,520,2003,5760003,5760003,5160003,5160003,5161,142,7001,142,70003,4881,122,4001,119,7001,116,6003,4571,095,9001,095,4001,094,2413,421000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
271,800
0
0
0
0
0000271,8000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
1,078,284
308,121
172,700
702,900
1,101,662
389,000
442,500
936,400
1,129,191
0
608,200
1,236,300
1,147,579
0
0
0
1,155,192
0
0
0
1,635,869
0
0
0
2,202,186
0
0
0
2,115,364
0
0
0
2,000,835
0
0
0
3,831,300
0
0
0
7,898,800
0
0
0
19,861,300
0
0
0
28,206,500
0
0
0
27,955,700
0
0
0
0
000027,955,70000028,206,50000019,861,3000007,898,8000003,831,3000002,000,8350002,115,3640002,202,1860001,635,8690001,155,1920001,147,5791,236,300608,20001,129,191936,400442,500389,0001,101,662702,900172,700308,1211,078,284000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in NOK. All numbers in thousands.




Income Statement

Currency in NOK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue24,316,200
Cost of Revenue-20,863,100
Gross Profit3,453,1003,453,100
 
Operating Income (+$)
Gross Profit3,453,100
Operating Expense-1,186,000
Operating Income2,267,1002,267,100
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense1,186,0000
 
Net Interest Income (+$)
Interest Income190,000
Interest Expense-848,000
Other Finance Cost-191,200
Net Interest Income-466,800
 
Pretax Income (+$)
Operating Income2,267,100
Net Interest Income-466,800
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,803,9002,730,300
EBIT - interestExpense = 1,419,100
1,803,800
2,584,900
Interest Expense848,000
Earnings Before Interest and Taxes (EBIT)2,267,1002,651,900
Earnings Before Interest and Taxes (EBITDA)5,789,100
 
After tax Income (+$)
Income Before Tax1,803,900
Tax Provision-50,600
Net Income From Continuing Ops1,465,2001,753,300
Net Income1,736,900
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses22,049,100
Total Other Income/Expenses Net-463,200466,800
 

Technical Analysis of Norwegian
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 Norwegian. The general trend of Norwegian 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 Norwegian'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 Norwegian Air Shuttle ASA.

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: 1.83 < 1.87.

The bearish price targets are: 1.35 > 1.1 > 1.

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Norwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. 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

Norwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current macd is 0.00120317.

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 Norwegian price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Norwegian. 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 Norwegian 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
Norwegian Air Shuttle ASA Daily Moving Average Convergence/Divergence (MACD) ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current adx is 12.69.

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 Norwegian 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.
Norwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current sar is 1.78325304.

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
Norwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current rsi is 46.31. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Norwegian Air Shuttle ASA Daily Relative Strength Index (RSI) ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. 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 Norwegian price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Norwegian Air Shuttle ASA Daily Stochastic Oscillator ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current cci is -117.82818193.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Norwegian Air Shuttle ASA Daily Commodity Channel Index (CCI) ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current cmo is -19.43744884.

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
Norwegian Air Shuttle ASA Daily Chande Momentum Oscillator (CMO) ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current willr is -65.51724138.

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 Norwegian is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Norwegian Air Shuttle ASA Daily Williams %R ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA.

Norwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current atr is 0.10327643.

Norwegian Air Shuttle ASA Daily Average True Range (ATR) ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current obv is 378,568.

Norwegian Air Shuttle ASA Daily On-Balance Volume (OBV) ChartNorwegian Air Shuttle ASA 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 Norwegian Air Shuttle ASA. The current mfi is 61.35.

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
Norwegian Air Shuttle ASA Daily Money Flow Index (MFI) ChartNorwegian Air Shuttle ASA Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Norwegian Air Shuttle ASA.

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

6.3. Candlestick Patterns

Norwegian Air Shuttle ASA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Norwegian Air Shuttle ASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.313
Ma 20Greater thanMa 501.612
Ma 50Greater thanMa 1001.456
Ma 100Greater thanMa 2001.213
OpenGreater thanClose1.420
Total3/5 (60.0%)
Penke

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