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Nyxoah
Buy, Hold or Sell?

Let's analyse Nyxoah together

PenkeI guess you are interested in Nyxoah. 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 Nyxoah. 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 Nyxoah (30 sec.)










What can you expect buying and holding a share of Nyxoah? (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?
0.0%

What is your share worth?

Current worth
$3.42
Expected worth in 1 year
$-1.06
How sure are you?
57.1%

+ What do you gain per year?

Total Gains per Share
$-4.48
Return On Investment
-33.2%

For what price can you sell your share?

Current Price per Share
$13.49
Expected price per share
$9.29 - $20.00
How sure are you?
50%

1. Valuation of Nyxoah (5 min.)




Live pricePrice per Share (EOD)

$13.49

Intrinsic Value Per Share

$-31.04 - $-27.27

Total Value Per Share

$-27.62 - $-23.86

2. Growth of Nyxoah (5 min.)




Is Nyxoah growing?

Current yearPrevious yearGrowGrow %
How rich?$98m$130.1m-$32.1m-32.8%

How much money is Nyxoah making?

Current yearPrevious yearGrowGrow %
Making money-$46.7m-$33.7m-$12.9m-27.7%
Net Profit Margin-993.8%-1,012.5%--

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

3. Financial Health of Nyxoah (5 min.)




4. Comparing to competitors in the Medical Instruments & Supplies industry (5 min.)




  Industry Rankings (Medical Instruments & Supplies)  


Richest
#104 / 173

Most Revenue
#137 / 173

Most Profit
#169 / 173

Most Efficient
#161 / 173

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

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

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

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

Speculation

The Price per Share of Nyxoah is $13.49. 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 Nyxoah.
  • 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 Nyxoah, 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 $3.42. Based on the TTM, the Book Value Change Per Share is $-1.12 per quarter. Based on the YOY, the Book Value Change Per Share is $-1.07 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 Nyxoah.

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 Eps-1.63-12.1%-1.63-12.1%-1.18-8.7%-0.89-6.6%-0.74-5.5%
Usd Book Value Change Per Share-1.12-8.3%-1.12-8.3%-1.07-7.9%0.604.5%0.493.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-1.12-8.3%-1.12-8.3%-1.07-7.9%0.604.5%0.493.6%
Usd Price Per Share4.64-4.64-4.99-9.69-6.92-
Price to Earnings Ratio-2.85--2.85--4.24--12.67--9.05-
Price-to-Total Gains Ratio-4.14--4.14--4.67-1.88-1.88-
Price to Book Ratio1.36-1.36-1.10-2.17-1.55-
Price-to-Total Gains Ratio-4.14--4.14--4.67-1.88-1.88-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share13.49
Number of shares74
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-1.120.60
Usd Total Gains Per Share-1.120.60
Gains per Quarter (74 shares)-82.9344.76
Gains per Year (74 shares)-331.70179.03
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-332-3420179169
20-663-6740358348
30-995-10060537527
40-1327-13380716706
50-1659-16700895885
60-1990-2002010741064
70-2322-2334012531243
80-2654-2666014321422
90-2985-2998016111601
100-3317-3330017901780

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.07.00.00.0%0.07.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.03.00.057.1%4.03.00.057.1%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.07.00.0%0.00.07.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.03.00.057.1%4.03.00.057.1%

Fundamentals of Nyxoah

About Nyxoah

Nyxoah S.A., a medical technology company, focuses on the development and commercialization of solutions to treat sleep disordered breathing conditions. The company offers Genio system, a CE-Marked, patient-centric, and hypoglossal neurostimulation therapy to treat moderate to severe obstructive sleep apnea. Nyxoah S.A. was incorporated in 2009 and is headquartered in Mont-Saint-Guibert, Belgium.

Fundamental data was last updated by Penke on 2024-03-19 06:02:03.

Financial Health

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

Valuation

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

1.1. Profitability of Nyxoah.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Nyxoah to the Medical Instruments & Supplies industry mean.
  • A Net Profit Margin of -993.8% means that $-9.94 for each $1 in revenue is generated as profit.

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

  • The MRQ is -993.8%. The company is making a huge loss. -2
  • The TTM is -993.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-993.8%TTM-993.8%0.0%
TTM-993.8%YOY-1,012.5%+18.6%
TTM-993.8%5Y-4,598.9%+3,605.0%
5Y-4,598.9%10Y-3,284.9%-1,314.0%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-993.8%6.2%-1,000.0%
TTM-993.8%7.4%-1,001.2%
YOY-1,012.5%8.0%-1,020.5%
5Y-4,598.9%7.1%-4,606.0%
10Y-3,284.9%7.7%-3,292.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Nyxoah to the Medical Instruments & Supplies industry mean.
  • -37.6% Return on Assets means that Nyxoah generated $-0.38 profit for each $1 in assets.

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

  • The MRQ is -37.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -37.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-37.6%TTM-37.6%0.0%
TTM-37.6%YOY-21.4%-16.3%
TTM-37.6%5Y-26.7%-10.9%
5Y-26.7%10Y-39.6%+12.9%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-37.6%1.2%-38.8%
TTM-37.6%1.2%-38.8%
YOY-21.4%1.7%-23.1%
5Y-26.7%1.6%-28.3%
10Y-39.6%1.6%-41.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Nyxoah to the Medical Instruments & Supplies industry mean.
  • -47.7% Return on Equity means Nyxoah generated $-0.48 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -47.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -47.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-47.7%TTM-47.7%0.0%
TTM-47.7%YOY-26.0%-21.7%
TTM-47.7%5Y-60.0%+12.4%
5Y-60.0%10Y-88.0%+28.0%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-47.7%2.3%-50.0%
TTM-47.7%2.6%-50.3%
YOY-26.0%3.1%-29.1%
5Y-60.0%3.2%-63.2%
10Y-88.0%3.0%-91.0%

1.2. Operating Efficiency of Nyxoah.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nyxoah is operating .

  • Measures how much profit Nyxoah 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 Nyxoah to the Medical Instruments & Supplies industry mean.
  • An Operating Margin of -1,049.8% means the company generated $-10.50  for each $1 in revenue (before taxes).

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

  • The MRQ is -1,049.8%. The company is operating very inefficient. -2
  • The TTM is -1,049.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,049.8%TTM-1,049.8%0.0%
TTM-1,049.8%YOY-1,053.8%+4.0%
TTM-1,049.8%5Y-4,290.1%+3,240.2%
5Y-4,290.1%10Y-3,064.3%-1,225.7%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,049.8%7.9%-1,057.7%
TTM-1,049.8%6.4%-1,056.2%
YOY-1,053.8%10.7%-1,064.5%
5Y-4,290.1%10.0%-4,300.1%
10Y-3,064.3%8.4%-3,072.7%
1.2.2. Operating Ratio

Measures how efficient Nyxoah is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • An Operation Ratio of 11.50 means that the operating costs are $11.50 for each $1 in net sales.

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

  • The MRQ is 11.498. The company is inefficient in keeping operating costs low. -1
  • The TTM is 11.498. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ11.498TTM11.4980.000
TTM11.498YOY11.538-0.040
TTM11.4985Y43.701-32.202
5Y43.70110Y31.215+12.486
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ11.4981.099+10.399
TTM11.4981.149+10.349
YOY11.5381.109+10.429
5Y43.7011.101+42.600
10Y31.2151.055+30.160

1.3. Liquidity of Nyxoah.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A Current Ratio of 4.73 means the company has $4.73 in assets for each $1 in short-term debts.

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

  • The MRQ is 4.732. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.732. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.732TTM4.7320.000
TTM4.732YOY6.723-1.991
TTM4.7325Y8.098-3.366
5Y8.09810Y7.911+0.188
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7322.385+2.347
TTM4.7322.589+2.143
YOY6.7232.582+4.141
5Y8.0982.635+5.463
10Y7.9112.614+5.297
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nyxoah to the Medical Instruments & Supplies industry mean.
  • A Quick Ratio of 6.91 means the company can pay off $6.91 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 6.914. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.914. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ6.914TTM6.9140.000
TTM6.914YOY11.739-4.825
TTM6.9145Y9.497-2.583
5Y9.49710Y8.909+0.588
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ6.9141.165+5.749
TTM6.9141.172+5.742
YOY11.7391.283+10.456
5Y9.4971.392+8.105
10Y8.9091.477+7.432

1.4. Solvency of Nyxoah.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Nyxoah to Medical Instruments & Supplies industry mean.
  • A Debt to Asset Ratio of 0.21 means that Nyxoah assets are financed with 21.0% credit (debt) and the remaining percentage (100% - 21.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.210. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.210. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.210TTM0.2100.000
TTM0.210YOY0.176+0.034
TTM0.2105Y0.284-0.074
5Y0.28410Y0.348-0.063
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2100.353-0.143
TTM0.2100.355-0.145
YOY0.1760.358-0.182
5Y0.2840.362-0.078
10Y0.3480.369-0.021
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Nyxoah to the Medical Instruments & Supplies industry mean.
  • A Debt to Equity ratio of 26.7% means that company has $0.27 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.267. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.267. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.267TTM0.2670.000
TTM0.267YOY0.214+0.053
TTM0.2675Y0.779-0.513
5Y0.77910Y0.868-0.089
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2670.541-0.274
TTM0.2670.545-0.278
YOY0.2140.529-0.315
5Y0.7790.640+0.139
10Y0.8680.665+0.203

2. Market Valuation of Nyxoah

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 Nyxoah generates.

  • Above 15 is considered overpriced but always compare Nyxoah to the Medical Instruments & Supplies industry mean.
  • A PE ratio of -2.85 means the investor is paying $-2.85 for every $1 in earnings.

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

  • The EOD is -8.275. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.846. Based on the earnings, the company is expensive. -2
  • The TTM is -2.846. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.275MRQ-2.846-5.429
MRQ-2.846TTM-2.8460.000
TTM-2.846YOY-4.236+1.390
TTM-2.8465Y-12.672+9.826
5Y-12.67210Y-9.052-3.621
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-8.27517.153-25.428
MRQ-2.84618.041-20.887
TTM-2.84619.435-22.281
YOY-4.23620.661-24.897
5Y-12.67221.526-34.198
10Y-9.05227.509-36.561
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -6.297. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.166. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.166. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.297MRQ-2.166-4.131
MRQ-2.166TTM-2.1660.000
TTM-2.166YOY-2.933+0.767
TTM-2.1665Y-9.036+6.870
5Y-9.03610Y-6.454-2.582
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-6.29710.417-16.714
MRQ-2.16610.581-12.747
TTM-2.1661.298-3.464
YOY-2.9334.650-7.583
5Y-9.0364.114-13.150
10Y-6.4540.108-6.562
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A PB ratio of 1.36 means the investor is paying $1.36 for each $1 in book value.

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

  • The EOD is 3.946. Based on the equity, the company is fair priced.
  • The MRQ is 1.357. Based on the equity, the company is underpriced. +1
  • The TTM is 1.357. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.946MRQ1.357+2.589
MRQ1.357TTM1.3570.000
TTM1.357YOY1.099+0.258
TTM1.3575Y2.174-0.816
5Y2.17410Y1.553+0.621
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD3.9462.531+1.415
MRQ1.3572.733-1.376
TTM1.3572.706-1.349
YOY1.0993.244-2.145
5Y2.1743.824-1.650
10Y1.5534.219-2.666
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Funds holding Nyxoah

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-01-31BlackRock Health Sciences Term Trust2.260.372264804100
2024-01-31BNP Paribas B Pension Sust Bal Classic1.12080.069532136400
2024-02-29Swedbank Robur Healthcare A1.11090.220231852900
2023-12-31Putnam Core Equity Fund Y0.64040.021918363000
2023-12-31Putnam U.S. Core Equity Concentrated0.64040.023618363000
2023-11-30Schroder Global Healthcare A Acc0.50820.118314572700
2023-11-30BNP Paribas Belgium Equity Cl EUR Acc0.46490.45113330800
2023-10-31AXA B Fund Equity Belgium0.45690.663613100000
2024-01-31APO Medical Opportunities R0.41140.117311795300
2024-01-31Metropolitan Rentastro Sust Growth C0.29720.0648523100
2023-12-31Belfius Equities Bel=Go C Cap0.26790.164176818-7-0.0091
2023-11-30Econopolis Belgian Champions A EUR Dis0.24410.38467000000
2024-01-31BNP Paribas B Pension Sust Growth Cl0.19260.05755522700
2023-12-31Schroder International Small Cap0.16780.07944812100
2023-06-30Schroder European Sm Cos Acc0.16060.2214606300
2023-09-30Deka-Europa Nebenwerte TF0.11580.19283320000
2023-11-30Schroder ISF Hlthcr Innovt IZ Acc USD0.09040.063325929-1524-5.5513
2024-01-31BNP Paribas B Pension Sust Stblty Cl0.07330.03642102000
2024-01-31apo Medical Opportunities Institutionell0.03720.201810653-12347-53.6826
2023-12-31Putnam VT Core Equity IA0.03250.0284931200
Total 9.29333.55092664756-13878-0.5%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Nyxoah 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---1.121-1.1210%-1.068-5%0.605-285%0.488-329%
Book Value Per Share--3.4183.4180%4.539-25%3.474-2%2.562+33%
Current Ratio--4.7324.7320%6.723-30%8.098-42%7.911-40%
Debt To Asset Ratio--0.2100.2100%0.176+19%0.284-26%0.348-39%
Debt To Equity Ratio--0.2670.2670%0.214+25%0.779-66%0.868-69%
Dividend Per Share----0%-0%-0%-0%
Eps---1.630-1.6300%-1.178-28%-0.891-45%-0.741-55%
Free Cash Flow Per Share---2.142-2.1420%-1.702-21%-1.271-41%-0.997-53%
Free Cash Flow To Equity Per Share---1.487-1.4870%-1.739+17%0.221-774%0.155-1059%
Gross Profit Margin--1.0001.0000%1.029-3%1.006-1%1.0040%
Intrinsic Value_10Y_max---27.274--------
Intrinsic Value_10Y_min---31.037--------
Intrinsic Value_1Y_max---1.590--------
Intrinsic Value_1Y_min---2.113--------
Intrinsic Value_3Y_max---5.648--------
Intrinsic Value_3Y_min---7.250--------
Intrinsic Value_5Y_max---10.757--------
Intrinsic Value_5Y_min---13.336--------
Market Cap386812260.000+66%133047360.000133047360.0000%143083260.000-7%277736364.000-52%198383117.143-33%
Net Profit Margin---9.938-9.9380%-10.125+2%-45.989+363%-32.849+231%
Operating Margin---10.498-10.4980%-10.538+0%-42.901+309%-30.643+192%
Operating Ratio--11.49811.4980%11.5380%43.701-74%31.215-63%
Pb Ratio3.946+66%1.3571.3570%1.099+23%2.174-38%1.553-13%
Pe Ratio-8.275-191%-2.846-2.8460%-4.236+49%-12.672+345%-9.052+218%
Price Per Share13.490+66%4.6404.6400%4.990-7%9.686-52%6.919-33%
Price To Free Cash Flow Ratio-6.297-191%-2.166-2.1660%-2.933+35%-9.036+317%-6.454+198%
Price To Total Gains Ratio-12.038-191%-4.141-4.1410%-4.674+13%1.880-320%1.880-320%
Quick Ratio--6.9146.9140%11.739-41%9.497-27%8.909-22%
Return On Assets---0.376-0.3760%-0.214-43%-0.267-29%-0.396+5%
Return On Equity---0.477-0.4770%-0.260-46%-0.600+26%-0.880+85%
Total Gains Per Share---1.121-1.1210%-1.068-5%0.605-285%0.488-329%
Usd Book Value--98022000.00098022000.0000%130154470.800-25%99617532.660-2%73470373.000+33%
Usd Book Value Change Per Share---1.121-1.1210%-1.068-5%0.605-285%0.488-329%
Usd Book Value Per Share--3.4183.4180%4.539-25%3.474-2%2.562+33%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---1.630-1.6300%-1.178-28%-0.891-45%-0.741-55%
Usd Free Cash Flow---61423252.800-61423252.8000%-48790078.500-21%-36450477.580-41%-28600302.529-53%
Usd Free Cash Flow Per Share---2.142-2.1420%-1.702-21%-1.271-41%-0.997-53%
Usd Free Cash Flow To Equity Per Share---1.487-1.4870%-1.739+17%0.221-774%0.155-1059%
Usd Market Cap386812260.000+66%133047360.000133047360.0000%143083260.000-7%277736364.000-52%198383117.143-33%
Usd Price Per Share13.490+66%4.6404.6400%4.990-7%9.686-52%6.919-33%
Usd Profit---46742420.400-46742420.4000%-33776082.500-28%-26297425.040-44%-21789455.743-53%
Usd Revenue--4703231.6004703231.6000%3335962.800+41%1807088.020+160%1290777.157+264%
Usd Total Gains Per Share---1.121-1.1210%-1.068-5%0.605-285%0.488-329%
 EOD+5 -3MRQTTM+0 -0YOY+8 -265Y+9 -2510Y+13 -21

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-8.275
Price to Book Ratio (EOD)Between0-13.946
Net Profit Margin (MRQ)Greater than0-9.938
Operating Margin (MRQ)Greater than0-10.498
Quick Ratio (MRQ)Greater than16.914
Current Ratio (MRQ)Greater than14.732
Debt to Asset Ratio (MRQ)Less than10.210
Debt to Equity Ratio (MRQ)Less than10.267
Return on Equity (MRQ)Greater than0.15-0.477
Return on Assets (MRQ)Greater than0.05-0.376
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.996
Ma 20Greater thanMa 5015.422
Ma 50Greater thanMa 10012.932
Ma 100Greater thanMa 2008.889
OpenGreater thanClose13.180
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
EBITDA  -7,193-5,109-12,302-12,109-24,411-3,428-27,83932,4904,651
Tax Provision  76251013,1233,223-1,9591,265-1,620-356
Income Tax Expense  76251013,1233,223-1,9591,265-2,828-1,563



Latest Balance Sheet

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

Summary
Total Assets124,157
Total Liabilities26,135
Total Stockholder Equity98,022
 As reported
Total Liabilities 26,135
Total Stockholder Equity+ 98,022
Total Assets = 124,157

Assets

Total Assets124,157
Total Current Assets68,351
Long-term Assets55,806
Total Current Assets
Cash And Cash Equivalents 21,610
Short-term Investments 36,138
Net Receivables 5,970
Inventory 3,315
Other Current Assets 1,318
Total Current Assets  (as reported)68,351
Total Current Assets  (calculated)68,351
+/-0
Long-term Assets
Property Plant Equipment 7,976
Long-term Assets Other 46,608
Long-term Assets  (as reported)55,806
Long-term Assets  (calculated)54,584
+/- 1,222

Liabilities & Shareholders' Equity

Total Current Liabilities14,443
Long-term Liabilities11,692
Total Stockholder Equity98,022
Total Current Liabilities
Short-term Debt 1,215
Accounts payable 6,155
Other Current Liabilities 5,085
Total Current Liabilities  (as reported)14,443
Total Current Liabilities  (calculated)12,455
+/- 1,988
Long-term Liabilities
Long-term Liabilities  (as reported)11,692
Long-term Liabilities  (calculated)0
+/- 11,692
Total Stockholder Equity
Common Stock4,926
Retained Earnings -160,829
Accumulated Other Comprehensive Income 7,798
Other Stockholders Equity 246,127
Total Stockholder Equity (as reported)98,022
Total Stockholder Equity (calculated)98,022
+/-0
Other
Cash and Short Term Investments 57,748
Current Deferred Revenue1,988
Liabilities and Stockholders Equity 124,157
Net Debt -8,906
Short Long Term Debt Total 12,704



Balance Sheet

All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
11,145
17,979
15,195
114,080
170,830
146,071
124,157
124,157146,071170,830114,08015,19517,97911,145
   > Total Current Assets 
10,684
17,539
7,974
94,108
140,060
100,260
68,351
68,351100,260140,06094,1087,97417,53910,684
       Cash And Cash Equivalents 
10,105
16,805
5,855
92,300
135,509
17,888
21,610
21,61017,888135,50992,3005,85516,80510,105
       Short-term Investments 
0
0
0
0
0
76,968
36,138
36,13876,96800000
       Net Receivables 
575
732
2,108
1,644
2,512
3,238
5,970
5,9703,2382,5121,6442,108732575
       Inventory 
-575
-732
0
55
346
882
3,315
3,315882346550-732-575
       Other Current Assets 
579
734
11
109
1,693
1,284
1,318
1,3181,2841,69310911734579
   > Long-term Assets 
461
440
7,221
19,972
30,770
45,811
55,806
55,80645,81130,77019,9727,221440461
       Property Plant Equipment 
369
343
1,388
3,997
5,238
5,619
7,976
7,9765,6195,2383,9971,388343369
       Intangible Assets 
0
0
5,734
15,853
25,322
39,972
0
039,97225,32215,8535,73400
       Other Assets 
92
97
5,498
15,385
24,983
0
0
0024,98315,3855,4989792
> Total Liabilities 
6,618
7,525
11,482
16,890
22,208
25,747
26,135
26,13525,74722,20816,89011,4827,5256,618
   > Total Current Liabilities 
1,749
1,999
3,571
6,402
11,572
14,913
14,443
14,44314,91311,5726,4023,5711,9991,749
       Short-term Debt 
395
289
718
1,089
1,136
1,107
1,215
1,2151,1071,1361,089718289395
       Short Long Term Debt 
395
289
378
616
554
388
0
0388554616378289395
       Accounts payable 
389
606
1,174
815
3,995
4,985
6,155
6,1554,9853,9958151,174606389
       Other Current Liabilities 
965
1,104
1,679
4,498
654
8,821
5,085
5,0858,8216544,4981,6791,104965
   > Long-term Liabilities 
4,869
5,526
7,911
10,488
10,636
10,834
11,692
11,69210,83410,63610,4887,9115,5264,869
       Long term Debt 
4,869
5,526
7,146
7,607
7,802
8,189
0
08,1897,8027,6077,1465,5264,869
       Capital Lease Obligations 
0
0
1,075
3,317
3,319
3,305
0
03,3053,3193,3171,07500
       Other Liabilities 
0
0
577
37
97
59
0
059973757700
       Deferred Long Term Liability 
0
0
5,399
15,262
24,773
0
0
0024,77315,2625,39900
> Total Stockholder Equity
4,527
10,454
3,713
97,190
148,622
120,324
98,022
98,022120,324148,62297,1903,71310,4544,527
   Common Stock
2,004
2,481
2,481
3,796
4,427
4,440
4,926
4,9264,4404,4273,7962,4812,4812,004
   Retained Earnings -160,829-118,212-87,167-60,341-47,063-39,814-30,735
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
33,258
47,748
46,729
153,586
231,160
233,920
246,127
246,127233,920231,160153,58646,72947,74833,258



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue4,348
Cost of Revenue-1,656
Gross Profit2,6922,692
 
Operating Income (+$)
Gross Profit2,692
Operating Expense-48,338
Operating Income-45,646-45,646
 
Operating Expense (+$)
Research Development26,651
Selling General Administrative21,125
Selling And Marketing Expenses-
Operating Expense48,33847,776
 
Net Interest Income (+$)
Interest Income1,995
Interest Expense-3,729
Other Finance Cost-2,788
Net Interest Income1,054
 
Pretax Income (+$)
Operating Income-45,646
Net Interest Income1,054
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-44,657-46,635
EBIT - interestExpense = -49,375
-44,657
-39,483
Interest Expense3,729
Earnings Before Interest and Taxes (EBIT)-45,646-40,928
Earnings Before Interest and Taxes (EBITDA)4,300
 
After tax Income (+$)
Income Before Tax-44,657
Tax Provision--329
Net Income From Continuing Ops-45,615-44,328
Net Income-43,212
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses49,994
Total Other Income/Expenses Net989-1,054
 

Technical Analysis of Nyxoah
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 Nyxoah. The general trend of Nyxoah 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 Nyxoah'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 Nyxoah.

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: 20.00.

The bearish price targets are: 13.16 > 12.61 > 9.29.

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Nyxoah 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 Nyxoah. 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

Nyxoah 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 Nyxoah. The current macd is 0.12171374.

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 Nyxoah price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nyxoah. 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 Nyxoah 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
Nyxoah Daily Moving Average Convergence/Divergence (MACD) ChartNyxoah 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 Nyxoah. The current adx is 22.00.

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 Nyxoah 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.
Nyxoah 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 Nyxoah. The current sar is 18.84.

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
Nyxoah 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 Nyxoah. The current rsi is 46.00. 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
Nyxoah Daily Relative Strength Index (RSI) ChartNyxoah 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 Nyxoah. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Nyxoah price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Nyxoah Daily Stochastic Oscillator ChartNyxoah 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 Nyxoah. The current cci is -103.00240473.

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
Nyxoah Daily Commodity Channel Index (CCI) ChartNyxoah 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 Nyxoah. The current cmo is -17.8415744.

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
Nyxoah Daily Chande Momentum Oscillator (CMO) ChartNyxoah 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 Nyxoah. The current willr is -89.30041152.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Nyxoah Daily Williams %R ChartNyxoah 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 Nyxoah.

Nyxoah 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 Nyxoah. The current atr is 1.6007346.

Nyxoah Daily Average True Range (ATR) ChartNyxoah 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 Nyxoah. The current obv is 662,827.

Nyxoah Daily On-Balance Volume (OBV) ChartNyxoah 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 Nyxoah. The current mfi is 45.24.

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

  • MFI < 50: -1
Nyxoah Daily Money Flow Index (MFI) ChartNyxoah Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nyxoah.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-16MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01STOCH 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
2023-12-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-18STOCH 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).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21DMI 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
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-28DMI 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.
2023-12-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-23DMI 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).
2024-01-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20SAR 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).
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Nyxoah Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.996
Ma 20Greater thanMa 5015.422
Ma 50Greater thanMa 10012.932
Ma 100Greater thanMa 2008.889
OpenGreater thanClose13.180
Total3/5 (60.0%)
Penke

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