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Ovzon AB
Buy, Hold or Sell?

Let's analyse Ovzon together

PenkeI guess you are interested in Ovzon AB. 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 Ovzon AB. 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 Ovzon (30 sec.)










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

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
kr15.97
Expected worth in 1 year
kr19.45
How sure are you?
46.7%

+ What do you gain per year?

Total Gains per Share
kr3.48
Return On Investment
26.1%

For what price can you sell your share?

Current Price per Share
kr13.32
Expected price per share
kr9.47 - kr18.60
How sure are you?
50%

1. Valuation of Ovzon (5 min.)




Live pricePrice per Share (EOD)

kr13.32

Intrinsic Value Per Share

kr136.28 - kr165.87

Total Value Per Share

kr152.25 - kr181.84

2. Growth of Ovzon (5 min.)




Is Ovzon growing?

Current yearPrevious yearGrowGrow %
How rich?$167.4m$133.6m$16.4m11.0%

How much money is Ovzon making?

Current yearPrevious yearGrowGrow %
Making money-$1.4m-$850.3k-$583.1k-40.7%
Net Profit Margin-24.0%-7.6%--

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

3. Financial Health of Ovzon (5 min.)




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




  Industry Rankings (Telecom Services)  


Richest
#151 / 252

Most Revenue
#226 / 252

Most Profit
#189 / 252

Most Efficient
#223 / 252

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

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

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

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

Speculation

The Price per Share of Ovzon is kr13.32. 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 Ovzon.
  • 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 Ovzon, 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 kr15.97. Based on the TTM, the Book Value Change Per Share is kr0.87 per quarter. Based on the YOY, the Book Value Change Per Share is kr-0.13 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 kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ovzon.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.010.1%-0.01-0.1%-0.01-0.1%-0.02-0.1%-0.01-0.1%
Usd Book Value Change Per Share0.231.8%0.080.6%-0.01-0.1%0.110.8%0.100.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.231.8%0.080.6%-0.01-0.1%0.110.8%0.100.8%
Usd Price Per Share1.36-2.76-5.44-5.41-5.85-
Price to Earnings Ratio33.65--23.40-132.19--9.83-407.33-
Price-to-Total Gains Ratio5.83--41.05-1,464.75-315.27-517.11-
Price to Book Ratio0.91-2.09-4.55-4.61-24.07-
Price-to-Total Gains Ratio5.83--41.05-1,464.75-315.27-517.11-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.25208
Number of shares798
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.080.11
Usd Total Gains Per Share0.080.11
Gains per Quarter (798 shares)65.2788.52
Gains per Year (798 shares)261.08354.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102612510354344
205225120708698
30783773010621052
4010441034014161406
5013051295017701760
6015661556021252114
7018281817024792468
8020892078028332822
9023502339031873176
10026112600035413530

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 Share1.03.00.025.0%3.09.00.025.0%3.010.00.023.1%4.010.01.026.7%4.010.01.026.7%
Book Value Change Per Share2.02.00.050.0%4.08.00.033.3%5.08.00.038.5%7.08.00.046.7%7.08.00.046.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.013.00.0%0.00.015.00.0%0.00.015.00.0%
Total Gains per Share2.02.00.050.0%4.08.00.033.3%5.08.00.038.5%7.08.00.046.7%7.08.00.046.7%

Fundamentals of Ovzon

About Ovzon AB

Ovzon AB (publ) provides mobile broadband services in Sweden. The company serves government and defense, enterprises, emergency services, oil, gas and mineral exploration sectors. Ovzon AB (publ) was founded in 2006 and is based in Solna, Sweden.

Fundamental data was last updated by Penke on 2024-03-19 13:43:03.

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 Ovzon AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ovzon earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Ovzon to the Telecom Services industry mean.
  • A Net Profit Margin of 13.2% means that kr0.13 for each kr1 in revenue is generated as profit.

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

  • The MRQ is 13.2%. The company is making a huge profit. +2
  • The TTM is -24.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ13.2%TTM-24.0%+37.2%
TTM-24.0%YOY-7.6%-16.4%
TTM-24.0%5Y-38.0%+14.0%
5Y-38.0%10Y-32.9%-5.1%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ13.2%4.9%+8.3%
TTM-24.0%4.4%-28.4%
YOY-7.6%5.8%-13.4%
5Y-38.0%5.8%-43.8%
10Y-32.9%5.8%-38.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ovzon to the Telecom Services industry mean.
  • 0.5% Return on Assets means that Ovzon generated kr0.00 profit for each $1 in assets.

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

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.5%TTM-0.7%+1.2%
TTM-0.7%YOY-0.5%-0.3%
TTM-0.7%5Y-1.1%+0.3%
5Y-1.1%10Y-0.9%-0.2%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%0.7%-0.2%
TTM-0.7%0.8%-1.5%
YOY-0.5%0.9%-1.4%
5Y-1.1%0.9%-2.0%
10Y-0.9%1.0%-1.9%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ovzon to the Telecom Services industry mean.
  • 0.7% Return on Equity means Ovzon generated kr0.01 for each kr1 the owners (shareholders) invested.

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

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.7%TTM-1.0%+1.7%
TTM-1.0%YOY-0.7%-0.4%
TTM-1.0%5Y-1.3%+0.3%
5Y-1.3%10Y-1.1%-0.2%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%2.4%-1.7%
TTM-1.0%2.2%-3.2%
YOY-0.7%3.2%-3.9%
5Y-1.3%2.7%-4.0%
10Y-1.1%2.9%-4.0%

1.2. Operating Efficiency of Ovzon AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ovzon is operating .

  • Measures how much profit Ovzon makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ovzon to the Telecom Services industry mean.
  • An Operating Margin of -22.0% means the company generated kr-0.22  for each kr1 in revenue (before taxes).

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

  • The MRQ is -22.0%. The company is operating very inefficient. -2
  • The TTM is -36.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-22.0%TTM-36.5%+14.5%
TTM-36.5%YOY-9.1%-27.4%
TTM-36.5%5Y-33.5%-3.0%
5Y-33.5%10Y-29.0%-4.5%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.0%11.0%-33.0%
TTM-36.5%7.5%-44.0%
YOY-9.1%11.9%-21.0%
5Y-33.5%11.4%-44.9%
10Y-29.0%11.6%-40.6%
1.2.2. Operating Ratio

Measures how efficient Ovzon is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Telecom Services industry mean).
  • An Operation Ratio of 1.22 means that the operating costs are kr1.22 for each kr1 in net sales.

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

  • The MRQ is 1.220. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.365. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.220TTM1.365-0.145
TTM1.365YOY1.216+0.148
TTM1.3655Y1.703-0.339
5Y1.70310Y1.568+0.135
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2201.019+0.201
TTM1.3651.017+0.348
YOY1.2160.967+0.249
5Y1.7030.987+0.716
10Y1.5680.967+0.601

1.3. Liquidity of Ovzon AB.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Telecom Services industry mean).
  • A Current Ratio of 2.98 means the company has kr2.98 in assets for each kr1 in short-term debts.

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

  • The MRQ is 2.983. The company is able to pay all its short-term debts. +1
  • The TTM is 3.406. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.983TTM3.406-0.423
TTM3.406YOY8.109-4.703
TTM3.4065Y6.490-3.084
5Y6.49010Y5.625+0.865
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9830.916+2.067
TTM3.4060.918+2.488
YOY8.1090.961+7.148
5Y6.4901.035+5.455
10Y5.6250.981+4.644
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ovzon to the Telecom Services industry mean.
  • A Quick Ratio of 2.63 means the company can pay off kr2.63 for each kr1 in debt (using most liquid assets).

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

  • The MRQ is 2.630. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.819. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.630TTM2.819-0.189
TTM2.819YOY7.321-4.502
TTM2.8195Y5.405-2.586
5Y5.40510Y4.722+0.683
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6300.629+2.001
TTM2.8190.653+2.166
YOY7.3210.698+6.623
5Y5.4050.729+4.676
10Y4.7220.717+4.005

1.4. Solvency of Ovzon AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ovzon to Telecom Services industry mean.
  • A Debt to Asset Ratio of 0.30 means that Ovzon assets are financed with 30.0% credit (debt) and the remaining percentage (100% - 30.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.300. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.279. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.300TTM0.279+0.021
TTM0.279YOY0.260+0.019
TTM0.2795Y0.221+0.058
5Y0.22110Y0.270-0.050
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3000.634-0.334
TTM0.2790.630-0.351
YOY0.2600.630-0.370
5Y0.2210.630-0.409
10Y0.2700.627-0.357
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ovzon to the Telecom Services industry mean.
  • A Debt to Equity ratio of 42.9% means that company has kr0.43 debt for each kr1 in shareholders equity.

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

  • The MRQ is 0.429. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.388. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.429TTM0.388+0.042
TTM0.388YOY0.354+0.034
TTM0.3885Y0.296+0.091
5Y0.29610Y0.451-0.154
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4291.573-1.144
TTM0.3881.620-1.232
YOY0.3541.684-1.330
5Y0.2961.719-1.423
10Y0.4511.657-1.206

2. Market Valuation of Ovzon AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Ovzon generates.

  • Above 15 is considered overpriced but always compare Ovzon to the Telecom Services industry mean.
  • A PE ratio of 33.65 means the investor is paying kr33.65 for every kr1 in earnings.

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

  • The EOD is 30.950. Based on the earnings, the company is overpriced. -1
  • The MRQ is 33.645. Based on the earnings, the company is overpriced. -1
  • The TTM is -23.400. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD30.950MRQ33.645-2.695
MRQ33.645TTM-23.400+57.045
TTM-23.400YOY132.195-155.594
TTM-23.4005Y-9.834-13.565
5Y-9.83410Y407.334-417.168
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD30.95010.274+20.676
MRQ33.64510.391+23.254
TTM-23.40011.264-34.664
YOY132.19512.797+119.398
5Y-9.83414.809-24.643
10Y407.33415.323+392.011
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.376. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.495. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.346. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.376MRQ-1.495+0.120
MRQ-1.495TTM-7.346+5.851
TTM-7.346YOY980.667-988.013
TTM-7.3465Y279.652-286.998
5Y279.65210Y242.365+37.287
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD-1.3765.493-6.869
MRQ-1.4954.732-6.227
TTM-7.3464.684-12.030
YOY980.6674.935+975.732
5Y279.6526.527+273.125
10Y242.3656.296+236.069
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Telecom Services industry mean).
  • A PB ratio of 0.91 means the investor is paying kr0.91 for each kr1 in book value.

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

  • The EOD is 0.834. Based on the equity, the company is cheap. +2
  • The MRQ is 0.907. Based on the equity, the company is cheap. +2
  • The TTM is 2.089. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.834MRQ0.907-0.073
MRQ0.907TTM2.089-1.182
TTM2.089YOY4.547-2.458
TTM2.0895Y4.609-2.520
5Y4.60910Y24.072-19.463
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.8341.422-0.588
MRQ0.9071.384-0.477
TTM2.0891.515+0.574
YOY4.5471.828+2.719
5Y4.6091.817+2.792
10Y24.0722.315+21.757
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ovzon AB 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--2.4840.870+185%-0.129+105%1.180+110%1.065+133%
Book Value Per Share--15.96914.314+12%12.746+25%12.988+23%11.338+41%
Current Ratio--2.9833.406-12%8.109-63%6.490-54%5.625-47%
Debt To Asset Ratio--0.3000.279+8%0.260+15%0.221+36%0.270+11%
Debt To Equity Ratio--0.4290.388+11%0.354+21%0.296+45%0.451-5%
Dividend Per Share----0%-0%-0%-0%
Eps--0.108-0.137+227%-0.081+175%-0.163+252%-0.141+231%
Free Cash Flow Per Share---2.421-1.547-36%-0.507-79%-1.331-45%-1.331-45%
Free Cash Flow To Equity Per Share--1.704-0.087+105%-0.049+103%0.273+523%0.273+523%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.933+7%
Intrinsic Value_10Y_max--165.874--------
Intrinsic Value_10Y_min--136.283--------
Intrinsic Value_1Y_max---0.831--------
Intrinsic Value_1Y_min---0.826--------
Intrinsic Value_3Y_max--10.805--------
Intrinsic Value_3Y_min--10.047--------
Intrinsic Value_5Y_max--38.476--------
Intrinsic Value_5Y_min--34.568--------
Market Cap1485592920.000-9%1614968880.0003272208009.000-51%6455737719.900-75%6419305689.785-75%6938501140.480-77%
Net Profit Margin--0.132-0.240+282%-0.076+158%-0.380+388%-0.329+349%
Operating Margin---0.220-0.365+66%-0.091-59%-0.335+52%-0.290+32%
Operating Ratio--1.2201.365-11%1.216+0%1.703-28%1.568-22%
Pb Ratio0.834-9%0.9072.089-57%4.547-80%4.609-80%24.072-96%
Pe Ratio30.950-9%33.645-23.400+170%132.195-75%-9.834+129%407.334-92%
Price Per Share13.320-9%14.48029.339-51%57.883-75%57.556-75%62.211-77%
Price To Free Cash Flow Ratio-1.376+8%-1.495-7.346+391%980.667-100%279.652-101%242.365-101%
Price To Total Gains Ratio5.363-9%5.830-41.053+804%1464.747-100%315.275-98%517.113-99%
Quick Ratio--2.6302.819-7%7.321-64%5.405-51%4.722-44%
Return On Assets--0.005-0.007+259%-0.005+203%-0.011+331%-0.009+298%
Return On Equity--0.007-0.010+252%-0.007+197%-0.013+297%-0.011+266%
Total Gains Per Share--2.4840.870+185%-0.129+105%1.180+110%1.065+133%
Usd Book Value--167414000.000150071000.000+12%133629601.000+25%136163562.615+23%118868558.533+41%
Usd Book Value Change Per Share--0.2330.082+185%-0.012+105%0.111+110%0.100+133%
Usd Book Value Per Share--1.5011.346+12%1.198+25%1.221+23%1.066+41%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.010-0.013+227%-0.008+175%-0.015+252%-0.013+231%
Usd Free Cash Flow---25380000.000-16215000.000-36%-5312363.000-79%-13957864.769-45%-12096816.133-52%
Usd Free Cash Flow Per Share---0.228-0.145-36%-0.048-79%-0.125-45%-0.125-45%
Usd Free Cash Flow To Equity Per Share--0.160-0.008+105%-0.005+103%0.026+523%0.026+523%
Usd Market Cap139645734.480-9%151807074.720307587552.846-51%606839345.671-75%603414734.840-75%652219107.205-77%
Usd Price Per Share1.252-9%1.3612.758-51%5.441-75%5.410-75%5.848-77%
Usd Profit--1128000.000-1433500.000+227%-850371.000+175%-1711689.385+252%-1481089.067+231%
Usd Revenue--8554000.0006815000.000+26%8389335.500+2%6305266.923+36%6146177.467+39%
Usd Total Gains Per Share--0.2330.082+185%-0.012+105%0.111+110%0.100+133%
 EOD+3 -5MRQTTM+21 -12YOY+20 -135Y+21 -1210Y+24 -10

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1530.950
Price to Book Ratio (EOD)Between0-10.834
Net Profit Margin (MRQ)Greater than00.132
Operating Margin (MRQ)Greater than0-0.220
Quick Ratio (MRQ)Greater than12.630
Current Ratio (MRQ)Greater than12.983
Debt to Asset Ratio (MRQ)Less than10.300
Debt to Equity Ratio (MRQ)Less than10.429
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.005
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.702
Ma 20Greater thanMa 5012.341
Ma 50Greater thanMa 10011.132
Ma 100Greater thanMa 20010.594
OpenGreater thanClose13.480
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Income before Tax  -42,69822,698-20,000-11,000-31,0002,000-29,00041,00012,000
Net Income  -42,69223,692-19,000-5,000-24,000-6,000-30,00042,00012,000
Gross Profit  56,661-47,6619,0008,00017,0006,00023,000-43,000-20,000



Latest Balance Sheet

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

Summary
Total Assets2,545,000
Total Liabilities764,000
Total Stockholder Equity1,780,000
 As reported
Total Liabilities 764,000
Total Stockholder Equity+ 1,780,000
Total Assets = 2,545,000

Assets

Total Assets2,545,000
Total Current Assets355,000
Long-term Assets2,190,000
Total Current Assets
Cash And Cash Equivalents 247,000
Net Receivables 66,000
Inventory 41,000
Other Current Assets 1,000
Total Current Assets  (as reported)355,000
Total Current Assets  (calculated)355,000
+/-0
Long-term Assets
Property Plant Equipment 2,106,000
Long-term Assets Other 84,000
Long-term Assets  (as reported)2,190,000
Long-term Assets  (calculated)2,190,000
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities119,000
Long-term Liabilities645,000
Total Stockholder Equity1,780,000
Total Current Liabilities
Short-term Debt 13,000
Accounts payable 84,000
Other Current Liabilities 22,000
Total Current Liabilities  (as reported)119,000
Total Current Liabilities  (calculated)119,000
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)645,000
Long-term Liabilities  (calculated)0
+/- 645,000
Total Stockholder Equity
Common Stock11,000
Retained Earnings -468,000
Other Stockholders Equity 2,237,000
Total Stockholder Equity (as reported)1,780,000
Total Stockholder Equity (calculated)1,780,000
+/-0
Other
Cash and Short Term Investments 247,000
Common Stock Shares Outstanding 60,917
Liabilities and Stockholders Equity 2,545,000
Net Debt 410,000
Net Working Capital 236,000
Short Long Term Debt Total 657,000



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312018-09-302018-06-302018-03-312017-12-312016-12-31
> Total Assets 
69,362
95,037
84,823
164,982
171,736
1,329,365
1,337,002
1,619,322
1,844,853
1,853,318
1,817,410
1,967,226
1,991,426
1,921,668
2,116,000
2,137,000
2,072,000
2,545,000
2,545,0002,072,0002,137,0002,116,0001,921,6681,991,4261,967,2261,817,4101,853,3181,844,8531,619,3221,337,0021,329,365171,736164,98284,82395,03769,362
   > Total Current Assets 
0
0
0
0
0
319,345
239,012
368,442
536,033
477,398
408,297
500,874
462,897
376,591
462,000
254,000
153,000
355,000
355,000153,000254,000462,000376,591462,897500,874408,297477,398536,033368,442239,012319,34500000
       Cash And Cash Equivalents 
0
0
0
0
0
185,025
85,752
312,973
461,513
406,084
315,944
390,829
349,016
275,612
346,000
115,000
60,000
247,000
247,00060,000115,000346,000275,612349,016390,829315,944406,084461,513312,97385,752185,02500000
       Net Receivables 
5,013
3,041
23,019
28,171
27,764
7,054
13,766
12,619
38,500
33,000
67,879
70,692
66,675
42,608
62,000
82,000
38,000
66,000
66,00038,00082,00062,00042,60866,67570,69267,87933,00038,50012,61913,7667,05427,76428,17123,0193,0415,013
       Inventory 
0
0
2,511
2,502
4,601
34,686
39,591
42,850
36,020
25,259
24,474
39,353
47,206
53,922
54,000
57,000
56,000
41,000
41,00056,00057,00054,00053,92247,20639,35324,47425,25936,02042,85039,59134,6864,6012,5022,51100
   > Long-term Assets 
0
0
0
0
0
1,010,020
1,097,990
1,250,880
1,308,820
1,375,920
1,409,112
1,466,352
63,500
1,545,077
1,654,000
1,883,000
1,919,000
2,190,000
2,190,0001,919,0001,883,0001,654,0001,545,07763,5001,466,3521,409,1121,375,9201,308,8201,250,8801,097,9901,010,02000000
       Property Plant Equipment 
24,962
26,410
26,566
26,770
26,598
989,246
1,076,411
1,230,292
1,285,174
1,351,956
1,385,004
1,419,244
8,949
1,485,455
1,589,000
1,811,000
1,841,000
2,106,000
2,106,0001,841,0001,811,0001,589,0001,485,4558,9491,419,2441,385,0041,351,9561,285,1741,230,2921,076,411989,24626,59826,77026,56626,41024,962
       Intangible Assets 
551
462
9,967
9,312
7,814
20,710
21,515
20,504
23,582
23,862
23,997
46,979
54,405
59,478
65,000
73,000
78,000
0
078,00073,00065,00059,47854,40546,97923,99723,86223,58220,50421,51520,7107,8149,3129,967462551
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
111
129
146
-1,511,011
0
-1,000
0
84,000
84,0000-1,0000-1,511,0111461291110000000000
> Total Liabilities 
204,693
215,599
216,224
97,708
101,754
36,754
60,661
356,242
368,388
403,050
382,067
531,011
569,437
528,849
548,000
604,000
568,000
764,000
764,000568,000604,000548,000528,849569,437531,011382,067403,050368,388356,24260,66136,754101,75497,708216,224215,599204,693
   > Total Current Liabilities 
89,188
143,078
142,708
96,420
100,466
31,411
52,174
50,601
52,213
79,382
47,045
60,163
59,270
49,402
74,000
109,000
74,000
119,000
119,00074,000109,00074,00049,40259,27060,16347,04579,38252,21350,60152,17431,411100,46696,420142,708143,07889,188
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
60,163
0
0
0
0
0
13,000
13,0000000060,16300000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
50,601
0
0
0
60,163
0
0
0
0
0
0
00000060,16300050,6010000000
       Accounts payable 
12,508
16,350
0
0
0
20,547
0
0
0
52,219
0
0
0
19,943
26,000
44,000
51,000
84,000
84,00051,00044,00026,00019,94300052,21900020,54700016,35012,508
       Other Current Liabilities 
13,269
13,461
41,281
25,130
29,945
3,459
52,174
50,601
52,213
26,932
47,045
61,563
59,270
29,459
48,000
65,000
23,000
22,000
22,00023,00065,00048,00029,45959,27061,56347,04526,93252,21350,60152,1743,45929,94525,13041,28113,46113,269
   > Long-term Liabilities 
0
0
0
0
0
5,343
8,487
305,641
316,175
323,668
335,022
470,848
11,045
479,447
474,000
495,000
494,000
645,000
645,000494,000495,000474,000479,44711,045470,848335,022323,668316,175305,6418,4875,34300000
       Long term Debt Total 
0
0
0
0
0
5,343
8,487
305,641
316,176
323,669
333,621
469,448
510,166
478,047
473,000
494,000
493,000
0
0493,000494,000473,000478,047510,166469,448333,621323,669316,176305,6418,4875,34300000
       Other Liabilities 
0
0
0
0
0
0
0
0
307,688
316,529
1
1,400
1
1
1,000
0
1,000
0
01,00001,000111,4001316,529307,68800000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,000
0
53,000
0
053,000040,00000000000000000
> Total Stockholder Equity
0
0
0
67,274
69,982
1,292,611
1,276,341
1,263,080
1,476,465
1,450,268
1,435,343
1,436,215
1,421,989
1,392,819
1,568,000
1,533,000
1,504,000
1,780,000
1,780,0001,504,0001,533,0001,568,0001,392,8191,421,9891,436,2151,435,3431,450,2681,476,4651,263,0801,276,3411,292,61169,98267,274000
   Retained Earnings -468,000-481,000-451,000-428,000-408,359000-372,331000-288,57800000
   Accumulated Other Comprehensive Income 0-27,000-27,000-15,400-17,1480000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,006,000
2,006,000
2,005,000
0
02,005,0002,006,0002,006,00000000000000000
   Treasury Stock000000000000000000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue290,000
Cost of Revenue-397,000
Gross Profit-107,000-107,000
 
Operating Income (+$)
Gross Profit-107,000
Operating Expense-219,758
Operating Income-107,000-326,758
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense219,7580
 
Net Interest Income (+$)
Interest Income41,550
Interest Expense-2,000
Other Finance Cost-81,598
Net Interest Income-42,048
 
Pretax Income (+$)
Operating Income-107,000
Net Interest Income-42,048
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-67,000-147,000
EBIT - interestExpense = -109,000
-67,000
-58,000
Interest Expense2,000
Earnings Before Interest and Taxes (EBIT)-107,000-65,000
Earnings Before Interest and Taxes (EBITDA)-79,000
 
After tax Income (+$)
Income Before Tax-67,000
Tax Provision--6,593
Net Income From Continuing Ops-115,185-60,407
Net Income-60,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses397,000
Total Other Income/Expenses Net40,00042,048
 

Technical Analysis of Ovzon
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 Ovzon. The general trend of Ovzon is BULLISH with 28.6% 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 Ovzon'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 (28.6%) Bearish trend (-28.6%)
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 Ovzon AB.

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: 14.42 < 18.00 < 18.60.

The bearish price targets are: 12.90 > 10.90 > 9.47.

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Ovzon AB 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 Ovzon AB. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Directionalities and relatives.

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

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

Ovzon AB 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 Ovzon AB. The current macd is 0.73368442.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal 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 Ovzon price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ovzon. 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 Ovzon 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
Ovzon AB Daily Moving Average Convergence/Divergence (MACD) ChartOvzon AB 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 Ovzon AB. The current adx is 33.69.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ovzon shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Ovzon AB 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 Ovzon AB. The current sar is 12.46.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Ovzon AB 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 Ovzon AB. The current rsi is 59.70. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Ovzon AB Daily Relative Strength Index (RSI) ChartOvzon AB 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 Ovzon AB. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D 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 Ovzon price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Ovzon AB Daily Stochastic Oscillator ChartOvzon AB 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 Ovzon AB. The current cci is 47.32.

Ovzon AB Daily Commodity Channel Index (CCI) ChartOvzon AB 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 Ovzon AB. The current cmo is 18.79.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Ovzon AB Daily Chande Momentum Oscillator (CMO) ChartOvzon AB 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 Ovzon AB. The current willr is -29.56989247.

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

Ovzon AB 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 Ovzon AB. The current atr is 0.94244803.

Ovzon AB Daily Average True Range (ATR) ChartOvzon AB 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 Ovzon AB. The current obv is 5,694,309.

Ovzon AB Daily On-Balance Volume (OBV) ChartOvzon AB 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 Ovzon AB. The current mfi is 64.94.

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
Ovzon AB Daily Money Flow Index (MFI) ChartOvzon AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ovzon AB.

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

6.3. Candlestick Patterns

Ovzon AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.702
Ma 20Greater thanMa 5012.341
Ma 50Greater thanMa 10011.132
Ma 100Greater thanMa 20010.594
OpenGreater thanClose13.480
Total4/5 (80.0%)
Penke

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