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Polynovo Ltd
Buy, Hold or Sell?

Let's analyse Polynovo together

PenkeI guess you are interested in Polynovo Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Polynovo Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Polynovo (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
A$0.10
Expected worth in 1 year
A$0.11
How sure are you?
28.2%

+ What do you gain per year?

Total Gains per Share
A$0.01
Return On Investment
0.5%

For what price can you sell your share?

Current Price per Share
A$2.19
Expected price per share
A$1.815 - A$2.71
How sure are you?
50%

1. Valuation of Polynovo (5 min.)




Live pricePrice per Share (EOD)

A$2.19

Intrinsic Value Per Share

A$-0.05 - A$0.11

Total Value Per Share

A$0.05 - A$0.21

2. Growth of Polynovo (5 min.)




Is Polynovo growing?

Current yearPrevious yearGrowGrow %
How rich?$45m$26.2m$17.1m39.5%

How much money is Polynovo making?

Current yearPrevious yearGrowGrow %
Making money$226.7k-$1.6m$1.8m815.7%
Net Profit Margin-0.1%-9.5%--

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

3. Financial Health of Polynovo (5 min.)




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




  Industry Rankings (Medical Devices)  


Richest
#161 / 340

Most Revenue
#83 / 340

Most Profit
#232 / 340

Most Efficient
#147 / 340

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

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

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

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

Speculation

The Price per Share of Polynovo is A$2.19. 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 Polynovo.
  • 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 Polynovo, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.10. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Polynovo.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.000.1%0.000.0%0.00-0.1%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.1%0.000.1%0.010.5%0.000.1%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.1%0.000.1%0.010.5%0.000.1%0.000.1%
Usd Price Per Share1.08-1.08-0.94-1.25-0.70-
Price to Earnings Ratio107.31--235.94--127.32--245.71--144.08-
Price-to-Total Gains Ratio403.12-758.27--150.63-37,771,242.45-18,039,112.23-
Price to Book Ratio16.75-17.45-32.97-49.94-30.24-
Price-to-Total Gains Ratio403.12-758.27--150.63-37,771,242.45-18,039,112.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.428537
Number of shares700
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (700 shares)1.171.43
Gains per Year (700 shares)4.695.73
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
105-506-4
20900112
301450178
40191002314
50231502920
60282003426
70332504032
80383004638
90423505244
100474005750

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 Share1.02.00.033.3%3.08.00.027.3%3.016.00.015.8%3.036.00.07.7%3.091.04.03.1%
Book Value Change Per Share3.00.00.0100.0%5.02.04.045.5%6.06.07.031.6%11.017.011.028.2%30.041.027.030.6%
Dividend per Share0.00.03.00.0%0.00.011.00.0%0.00.019.00.0%0.00.039.00.0%0.00.098.00.0%
Total Gains per Share3.00.00.0100.0%5.02.04.045.5%6.06.07.031.6%11.017.011.028.2%30.041.027.030.6%

Fundamentals of Polynovo

About Polynovo Ltd

PolyNovo Limited develops medical devices in the United States, Australia, New Zealand, the United Kingdom, Ireland, Singapore, and internationally. The company offers NovoSorb Biodegradable Temporising Matrix, which is used in a fully debrided clean surgical wound to physiologically close the wound. It is also developing hernia devices for hernia repair and solution for ventral hernia and complex abdominal wall reconstruction; NovoSorb Dermal Beta Cell Implant to host pancreatic islet cells in the skin; NovoSorb MTX for the treatment of varying complex wounds; and plastics and reconstructive device product. The company was formerly known as Calzada Limited and changed its name to PolyNovo Limited in November 2014. PolyNovo Limited was incorporated in 1998 and is headquartered in Port Melbourne, Australia.

Fundamental data was last updated by Penke on 2024-03-12 10:00:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating 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 expensive.
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 Polynovo Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Polynovo to the Medical Devices industry mean.
  • A Net Profit Margin of 5.7% means that $0.06 for each $1 in revenue is generated as profit.

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

  • The MRQ is 5.7%. The company is making a profit. +1
  • The TTM is -0.1%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ5.7%TTM-0.1%+5.8%
TTM-0.1%YOY-9.5%+9.4%
TTM-0.1%5Y-11.1%+11.0%
5Y-11.1%10Y-4,899.0%+4,887.9%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ5.7%-10.6%+16.3%
TTM-0.1%-20.2%+20.1%
YOY-9.5%-14.0%+4.5%
5Y-11.1%-19.5%+8.4%
10Y-4,899.0%-23.8%-4,875.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Polynovo to the Medical Devices industry mean.
  • 2.8% Return on Assets means that Polynovo generated $0.03 profit for each $1 in assets.

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

  • The MRQ is 2.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM0.3%+2.4%
TTM0.3%YOY-4.6%+5.0%
TTM0.3%5Y-2.5%+2.8%
5Y-2.5%10Y-4.1%+1.7%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%-3.0%+5.8%
TTM0.3%-4.2%+4.5%
YOY-4.6%-4.0%-0.6%
5Y-2.5%-3.8%+1.3%
10Y-4.1%-4.1%0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Polynovo to the Medical Devices industry mean.
  • 3.9% Return on Equity means Polynovo generated $0.04 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 3.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.9%TTM0.5%+3.4%
TTM0.5%YOY-8.2%+8.7%
TTM0.5%5Y-3.8%+4.2%
5Y-3.8%10Y-5.0%+1.2%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ3.9%-3.5%+7.4%
TTM0.5%-4.4%+4.9%
YOY-8.2%-4.7%-3.5%
5Y-3.8%-5.7%+1.9%
10Y-5.0%-6.2%+1.2%

1.2. Operating Efficiency of Polynovo Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Polynovo is operating .

  • Measures how much profit Polynovo 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 Polynovo to the Medical Devices industry mean.
  • An Operating Margin of -0.3% means the company generated $0.00  for each $1 in revenue (before taxes).

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

  • The MRQ is -0.3%. The company is operating very inefficient. -2
  • The TTM is -3.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-0.3%TTM-3.3%+2.9%
TTM-3.3%YOY-7.9%+4.6%
TTM-3.3%5Y-11.5%+8.2%
5Y-11.5%10Y-14,186.1%+14,174.6%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.3%-24.5%+24.2%
TTM-3.3%-14.9%+11.6%
YOY-7.9%-11.5%+3.6%
5Y-11.5%-17.1%+5.6%
10Y-14,186.1%-20.6%-14,165.5%
1.2.2. Operating Ratio

Measures how efficient Polynovo is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Devices industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are $1.00 for each $1 in net sales.

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

  • The MRQ is 1.003. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.033. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.003TTM1.033-0.029
TTM1.033YOY0.829+0.204
TTM1.0335Y0.466+0.567
5Y0.46610Y30.480-30.014
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0031.454-0.451
TTM1.0331.452-0.419
YOY0.8291.434-0.605
5Y0.4661.432-0.966
10Y30.4801.366+29.114

1.3. Liquidity of Polynovo Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Medical Devices industry mean).
  • A Current Ratio of 5.01 means the company has $5.01 in assets for each $1 in short-term debts.

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

  • The MRQ is 5.009. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.214. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.009TTM5.214-0.205
TTM5.214YOY3.963+1.252
TTM5.2145Y4.157+1.058
5Y4.15710Y7.384-3.227
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0092.789+2.220
TTM5.2142.793+2.421
YOY3.9633.586+0.377
5Y4.1573.492+0.665
10Y7.3843.450+3.934
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Polynovo to the Medical Devices industry mean.
  • A Quick Ratio of 4.36 means the company can pay off $4.36 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 4.360. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.654. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.360TTM4.654-0.294
TTM4.654YOY3.459+1.195
TTM4.6545Y2.800+1.854
5Y2.80010Y4.809-2.009
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3601.587+2.773
TTM4.6541.633+3.021
YOY3.4592.185+1.274
5Y2.8002.300+0.500
10Y4.8092.255+2.554

1.4. Solvency of Polynovo Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Polynovo to Medical Devices industry mean.
  • A Debt to Asset Ratio of 0.29 means that Polynovo assets are financed with 29.0% credit (debt) and the remaining percentage (100% - 29.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.290. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.293. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.290TTM0.293-0.003
TTM0.293YOY0.394-0.102
TTM0.2935Y0.312-0.020
5Y0.31210Y0.193+0.120
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2900.400-0.110
TTM0.2930.386-0.093
YOY0.3940.330+0.064
5Y0.3120.440-0.128
10Y0.1930.460-0.267
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Polynovo to the Medical Devices industry mean.
  • A Debt to Equity ratio of 40.8% means that company has $0.41 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.408. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.404. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.408TTM0.404+0.004
TTM0.404YOY0.689-0.285
TTM0.4045Y0.499-0.095
5Y0.49910Y0.288+0.211
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4080.566-0.158
TTM0.4040.569-0.165
YOY0.6890.479+0.210
5Y0.4990.626-0.127
10Y0.2880.692-0.404

2. Market Valuation of Polynovo Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Polynovo generates.

  • Above 15 is considered overpriced but always compare Polynovo to the Medical Devices industry mean.
  • A PE ratio of 107.31 means the investor is paying $107.31 for every $1 in earnings.

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

  • The EOD is 141.993. Based on the earnings, the company is expensive. -2
  • The MRQ is 107.305. Based on the earnings, the company is expensive. -2
  • The TTM is -235.941. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD141.993MRQ107.305+34.688
MRQ107.305TTM-235.941+343.246
TTM-235.941YOY-127.319-108.622
TTM-235.9415Y-245.706+9.765
5Y-245.70610Y-144.077-101.629
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD141.993-1.038+143.031
MRQ107.305-1.216+108.521
TTM-235.941-1.757-234.184
YOY-127.319-2.582-124.737
5Y-245.706-1.553-244.153
10Y-144.077-1.463-142.614
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 7,806.710. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 5,899.592. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 1,908.422. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD7,806.710MRQ5,899.592+1,907.119
MRQ5,899.592TTM1,908.422+3,991.170
TTM1,908.422YOY88.800+1,819.622
TTM1,908.4225Y-994.837+2,903.258
5Y-994.83710Y-505.069-489.767
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD7,806.710-1.207+7,807.917
MRQ5,899.592-1.746+5,901.338
TTM1,908.422-2.961+1,911.383
YOY88.800-6.143+94.943
5Y-994.837-4.928-989.909
10Y-505.069-5.626-499.443
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Medical Devices industry mean).
  • A PB ratio of 16.75 means the investor is paying $16.75 for each $1 in book value.

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

  • The EOD is 22.159. Based on the equity, the company is expensive. -2
  • The MRQ is 16.746. Based on the equity, the company is expensive. -2
  • The TTM is 17.449. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD22.159MRQ16.746+5.413
MRQ16.746TTM17.449-0.703
TTM17.449YOY32.973-15.525
TTM17.4495Y49.944-32.495
5Y49.94410Y30.237+19.707
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD22.1592.038+20.121
MRQ16.7462.321+14.425
TTM17.4492.444+15.005
YOY32.9733.028+29.945
5Y49.9443.918+46.026
10Y30.2374.245+25.992
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Funds holding Polynovo Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2020-10-31Vanguard International Stock Index-Total Intl Stock Indx1.4099999-9342937--
2020-12-31Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.56-3735528--
2021-02-28iShares Core MSCI EAFE ETF0.47999998-3161650--
2021-02-28iShares MSCI EAFE Small Cap ETF0.37-2452907--
2020-10-31Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index0.22-1475300--
2020-11-30Schwab Strategic Tr-Schwab International Small Cap Equity ETF0.11999999-812824--
2021-02-28iShares Core MSCI Total International Stock ETF0.1-677246--
2021-02-28SPDR Portfolio Developed World ex-US ETF0.1-639132--
2021-01-31Vanguard International Stock Index-Pacific Stock Index0.090000004-593403--
2020-12-31College Retirement Equities Fund-Stock Account0.090000004-590586--
Total 3.53999987802348151300.0%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Polynovo Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0040.003+60%0.016-74%0.003+31%0.002+90%
Book Value Per Share--0.0990.095+4%0.058+69%0.049+102%0.036+174%
Current Ratio--5.0095.214-4%3.963+26%4.157+21%7.384-32%
Debt To Asset Ratio--0.2900.293-1%0.394-27%0.312-7%0.193+50%
Debt To Equity Ratio--0.4080.404+1%0.689-41%0.499-18%0.288+42%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0040.000+682%-0.003+180%-0.001+133%-0.001+138%
Free Cash Flow Per Share--0.000-0.004+5112%-0.001+1506%-0.002+3588%-0.002+3042%
Free Cash Flow To Equity Per Share---0.002-0.003+77%0.022-109%0.002-187%0.000-10617%
Gross Profit Margin--1.0002.428-59%1.112-10%1.317-24%1.236-19%
Intrinsic Value_10Y_max--0.115--------
Intrinsic Value_10Y_min---0.049--------
Intrinsic Value_1Y_max---0.004--------
Intrinsic Value_1Y_min---0.008--------
Intrinsic Value_3Y_max---0.001--------
Intrinsic Value_3Y_min---0.021--------
Intrinsic Value_5Y_max--0.017--------
Intrinsic Value_5Y_min---0.032--------
Market Cap1511610322.560+24%1156319952.9051161345307.4150%995661137.120+16%1323526283.183-13%745462687.718+55%
Net Profit Margin--0.057-0.001+102%-0.095+267%-0.111+294%-48.990+85841%
Operating Margin---0.003-0.033+838%-0.079+2163%-0.115+3178%-141.861+4053600%
Operating Ratio--1.0031.033-3%0.829+21%0.466+115%30.480-97%
Pb Ratio22.159+24%16.74617.449-4%32.973-49%49.944-66%30.237-45%
Pe Ratio141.993+24%107.305-235.941+320%-127.319+219%-245.706+329%-144.077+234%
Price Per Share2.190+24%1.6551.663-1%1.443+15%1.914-14%1.079+53%
Price To Free Cash Flow Ratio7806.710+24%5899.5921908.422+209%88.800+6544%-994.837+117%-505.069+109%
Price To Total Gains Ratio533.430+24%403.117758.270-47%-150.628+137%37771242.446-100%18039112.225-100%
Quick Ratio--4.3604.654-6%3.459+26%2.800+56%4.809-9%
Return On Assets--0.0280.003+741%-0.046+267%-0.025+190%-0.041+249%
Return On Equity--0.0390.005+716%-0.082+310%-0.038+196%-0.050+228%
Total Gains Per Share--0.0040.003+60%0.016-74%0.003+31%0.002+90%
Usd Book Value--45042619.60043447155.551+4%26291272.105+71%22083044.639+104%16260791.891+177%
Usd Book Value Change Per Share--0.0030.002+60%0.010-74%0.002+31%0.001+90%
Usd Book Value Per Share--0.0640.062+4%0.038+69%0.032+102%0.024+174%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0030.000+682%-0.002+180%-0.001+133%-0.001+138%
Usd Free Cash Flow--31962.700-1594259.903+5088%-444075.240+1489%-1103183.784+3551%-929943.379+3009%
Usd Free Cash Flow Per Share--0.000-0.002+5112%-0.001+1506%-0.002+3588%-0.001+3042%
Usd Free Cash Flow To Equity Per Share---0.001-0.002+77%0.014-109%0.001-187%0.000-10617%
Usd Market Cap986023413.406+24%754267505.280757545544.0270%649469759.743+16%863336194.521-13%486265311.198+55%
Usd Price Per Share1.429+24%1.0801.085-1%0.941+15%1.249-14%0.704+53%
Usd Profit--1757296.200226754.700+675%-1622971.649+192%-639193.731+136%-618967.988+135%
Usd Revenue--30755292.70021996827.333+40%10991051.972+180%8580624.905+258%4481783.664+586%
Usd Total Gains Per Share--0.0030.002+60%0.010-74%0.002+31%0.001+90%
 EOD+4 -4MRQTTM+24 -10YOY+23 -115Y+24 -1010Y+23 -11

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15141.993
Price to Book Ratio (EOD)Between0-122.159
Net Profit Margin (MRQ)Greater than00.057
Operating Margin (MRQ)Greater than0-0.003
Quick Ratio (MRQ)Greater than14.360
Current Ratio (MRQ)Greater than15.009
Debt to Asset Ratio (MRQ)Less than10.290
Debt to Equity Ratio (MRQ)Less than10.408
Return on Equity (MRQ)Greater than0.150.039
Return on Assets (MRQ)Greater than0.050.028
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.923
Ma 20Greater thanMa 502.258
Ma 50Greater thanMa 1002.054
Ma 100Greater thanMa 2001.771
OpenGreater thanClose2.150
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.

 2022-09-302022-12-312023-03-312023-06-302023-12-31
Income before Tax  -1,928-1,928-3,8553,316-539-539-1,0782,1651,087
Net Income  -1,912-1,912-3,8243,273-550-550-1,1013,7952,694
EBITDA  -1,296-1,312-2,6082,029-579-289-8671,744877



Latest Balance Sheet

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

Summary
Total Assets97,208
Total Liabilities28,156
Total Stockholder Equity69,052
 As reported
Total Liabilities 28,156
Total Stockholder Equity+ 69,052
Total Assets = 97,208

Assets

Total Assets97,208
Total Current Assets70,283
Long-term Assets26,925
Total Current Assets
Cash And Cash Equivalents 45,580
Short-term Investments 50
Net Receivables 15,496
Inventory 6,888
Other Current Assets 2,269
Total Current Assets  (as reported)70,283
Total Current Assets  (calculated)70,283
+/-0
Long-term Assets
Property Plant Equipment 23,586
Long-term Assets Other 1,715
Long-term Assets  (as reported)26,925
Long-term Assets  (calculated)25,301
+/- 1,624

Liabilities & Shareholders' Equity

Total Current Liabilities14,031
Long-term Liabilities14,125
Total Stockholder Equity69,052
Total Current Liabilities
Short-term Debt 1,634
Accounts payable 3,548
Other Current Liabilities 8,849
Total Current Liabilities  (as reported)14,031
Total Current Liabilities  (calculated)14,031
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)14,125
Long-term Liabilities  (calculated)0
+/- 14,125
Total Stockholder Equity
Common Stock191,601
Retained Earnings -118,684
Accumulated Other Comprehensive Income -3,865
Total Stockholder Equity (as reported)69,052
Total Stockholder Equity (calculated)69,052
+/-0
Other
Cash and Short Term Investments 45,630
Common Stock Shares Outstanding 698,683
Liabilities and Stockholders Equity 97,208
Net Debt -30,249
Net Working Capital 56,252
Short Long Term Debt Total 15,331



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-12-312023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-31
> Total Assets 
0
0
7,078
0
0
11,962
11,962
9,716
9,716
7,223
7,223
8,139
8,139
12,614
12,614
10,606
10,606
7,474
7,474
17,741
17,741
18,651
18,651
12,781
12,781
18,686
18,686
17,660
17,660
24,949
24,949
27,352
27,352
22,017
22,017
18,382
18,382
17,163
17,163
19,114
19,114
17,288
17,288
15,938
15,938
15,021
15,021
12,605
12,605
11,772
11,771
10,732
10,732
8,909
8,909
8,091
8,091
8,619
8,619
10,566
10,566
9,414
9,414
8,033
8,033
8,126
8,126
18,142
18,142
16,025
16,025
14,565
14,565
12,056
12,056
32,356
32,356
29,822
29,822
28,739
28,739
28,229
28,229
29,588
29,588
0
37,857
0
36,305
0
38,339
0
36,593
34,972
34,972
89,235
89,235
92,621
92,621
97,208
97,20892,62192,62189,23589,23534,97234,97236,593038,339036,305037,857029,58829,58828,22928,22928,73928,73929,82229,82232,35632,35612,05612,05614,56514,56516,02516,02518,14218,1428,1268,1268,0338,0339,4149,41410,56610,5668,6198,6198,0918,0918,9098,90910,73210,73211,77111,77212,60512,60515,02115,02115,93815,93817,28817,28819,11419,11417,16317,16318,38218,38222,01722,01727,35227,35224,94924,94917,66017,66018,68618,68612,78112,78118,65118,65117,74117,7417,4747,47410,60610,60612,61412,6148,1398,1397,2237,2239,7169,71611,96211,962007,07800
   > Total Current Assets 
0
0
5,568
0
0
0
10,447
0
0
0
5,684
0
0
0
12,317
0
0
0
7,188
0
0
0
17,682
0
0
0
17,357
0
0
0
23,748
0
0
0
20,978
0
0
0
16,732
0
0
0
12,704
0
0
0
6,336
0
0
0
7,648
0
0
0
4,935
0
0
0
4,775
0
0
0
5,735
0
0
0
4,382
0
0
0
12,392
10,840
10,840
7,959
7,959
28,430
28,430
26,125
26,125
25,283
25,283
19,902
19,902
17,314
17,314
19,278
19,278
14,843
14,843
16,244
16,244
14,633
14,633
16,190
16,043
64,895
64,895
67,354
67,354
70,283
70,28367,35467,35464,89564,89516,04316,19014,63314,63316,24416,24414,84314,84319,27819,27817,31417,31419,90219,90225,28325,28326,12526,12528,43028,4307,9597,95910,84010,84012,3920004,3820005,7350004,7750004,9350007,6480006,33600012,70400016,73200020,97800023,74800017,35700017,6820007,18800012,3170005,68400010,4470005,56800
       Cash And Cash Equivalents 
0
0
5,425
0
0
0
3
0
0
0
5,621
0
0
0
12,090
0
0
0
6,865
0
0
0
17,359
0
0
0
17,089
0
0
0
23,316
0
0
0
20,592
0
0
0
16,473
0
0
0
12,236
0
0
0
5,983
0
0
0
3,456
0
0
0
3,008
0
0
0
2,784
0
0
0
4,666
0
0
0
3,460
0
0
0
10,747
9,783
9,783
5,497
5,982
25,709
25,709
3,147
3,147
20,814
20,814
13,921
13,921
8,144
8,144
0
11,648
0
7,662
0
7,689
0
3,287
6,102
6,102
50,479
50,479
46,847
46,847
45,580
45,58046,84746,84750,47950,4796,1026,1023,28707,68907,662011,64808,1448,14413,92113,92120,81420,8143,1473,14725,70925,7095,9825,4979,7839,78310,7470003,4600004,6660002,7840003,0080003,4560005,98300012,23600016,47300020,59200023,31600017,08900017,3590006,86500012,0900005,62100030005,42500
       Short-term Investments 
0
0
0
0
0
0
10,360
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
60
0
0
0
3,760
0
0
0
1,860
0
0
0
1,160
0
0
0
60
0
0
0
60
0
0
0
50
50
50
50
50
50
50
19,050
19,050
50
50
50
50
50
50
0
50
0
50
0
50
0
50
50
50
50
50
50
50
50
5050505050505050050050050050505050505019,05019,0505050505050505000060000600001,1600001,8600003,7600006000000000000000000000000000000000000000010,360000000
       Net Receivables 
0
0
142
0
0
45
44
120
120
46
45
184
184
82
82
39
39
26
26
104
104
125
125
20
20
148
75
64
64
342
342
400
400
240
240
166
166
167
167
349
349
261
261
89
89
81
81
222
222
228
228
903
903
67
67
847
847
832
831
1,347
1,347
997
997
477
477
851
851
914
914
1,556
1,556
520
520
1,370
884
1,535
1,140
2,680
2,680
2,629
2,222
4,405
3,963
4,389
4,389
3,922
3,139
3,847
3,847
5,667
5,667
6,229
6,229
6,089
6,094
8,535
8,682
13,717
14,024
15,496
15,49614,02413,7178,6828,5356,0946,0896,2296,2295,6675,6673,8473,8473,1393,9224,3894,3893,9634,4052,2222,6292,6802,6801,1401,5358841,3705205201,5561,5569149148518514774779979971,3471,3478318328478476767903903228228222222818189892612613493491671671661662402404004003423426464751482020125125104104262639398282184184454612012044450014200
       Other Current Assets 
0
0
0
0
0
40
40
31
31
17
17
15
15
161
146
167
167
313
297
403
403
210
198
662
662
131
193
117
117
101
89
103
103
158
145
131
131
92
92
211
211
207
207
99
99
211
211
97
97
204
204
91
91
0
0
0
0
0
0
60
60
12
12
46
46
11
11
52
52
39
39
204
204
62
62
383
383
165
19,215
460
460
4,405
442
2,695
2,695
1,871
783
248
248
146
146
146
146
146
1,262
146
3,036
307
1,903
2,269
2,2691,9033073,0361461,2621461461461461462482487831,8712,6952,6954424,40546046019,2151653833836262204204393952521111464612126060000000919120420497972112119999207207211211929213113114515810310389101117117193131662662198210403403297313167167146161151517173131404000000
   > Long-term Assets 
0
0
1,510
0
0
0
1,515
0
0
0
1,539
0
0
0
297
0
0
0
286
0
0
0
969
0
0
0
1,329
0
0
0
1,201
0
0
0
1,039
0
0
0
431
0
0
0
4,584
0
0
0
8,686
0
0
0
4,124
0
0
0
3,974
0
0
0
3,844
0
0
0
3,679
0
0
0
3,743
0
0
0
3,633
0
0
0
4,097
0
0
0
3,697
0
0
0
8,327
0
0
0
18,579
0
0
0
22,095
0
0
18,782
18,928
23,522
24,340
24,524
25,266
26,925
26,92525,26624,52424,34023,52218,92818,7820022,09500018,5790008,3270003,6970004,0970003,6330003,7430003,6790003,8440003,9740004,1240008,6860004,5840004310001,0390001,2010001,3290009690002860002970001,5390001,5150001,51000
       Property Plant Equipment 
0
0
10
0
0
15
15
34
34
39
39
68
68
297
297
305
305
287
286
585
585
969
969
912
912
829
829
717
717
714
713
656
656
552
552
420
420
293
293
1,856
1,856
1,834
1,834
1,726
1,726
1,677
1,677
1,563
1,563
1,471
1,471
1,392
1,392
1,292
1,292
1,189
1,189
1,089
1,089
1,029
1,029
950
950
875
875
1,008
1,008
941
941
993
993
1,085
1,085
1,452
1,452
1,281
1,281
1,140
1,140
1,006
1,006
6,008
6,008
10,072
10,072
16,537
16,537
19,117
19,117
19,823
19,823
19,822
19,822
16,752
16,752
22,201
22,241
23,368
23,368
23,586
23,58623,36823,36822,24122,20116,75216,75219,82219,82219,82319,82319,11719,11716,53716,53710,07210,0726,0086,0081,0061,0061,1401,1401,2811,2811,4521,4521,0851,0859939939419411,0081,0088758759509501,0291,0291,0891,0891,1891,1891,2921,2921,3921,3921,4711,4711,5631,5631,6771,6771,7261,7261,8341,8341,8561,8562932934204205525526566567137147177178298299129129699695855852862873053052972976868393934341515001000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
171
0
0
0
142
0
0
0
144
0
0
0
297
0
0
0
559
0
05590002970001440001420001710000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
1,500
0
0
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,520
2,396
2,396
2,272
2,272
2,148
2,148
2,024
2,024
0
1,900
0
1,776
0
1,652
0
1,528
1,404
1,404
1,320
1,281
1,157
1,157
0
01,1571,1571,2811,3201,4041,4041,52801,65201,77601,90002,0242,0242,1482,1482,2722,2722,3962,3962,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,5202,520000000000000000000000000001,5001,5001,5001,5001,5001,5001,5001,500001,50000
       Other Assets 
0
0
0
0
0
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
0
0
0
0
0
0
0
0
0
0
0
0
500
500
663
663
488
488
500
500
488
488
225
225
138
138
2,532
2,532
2,750
2,750
2,764
2,764
7,009
7,009
2,651
2,651
2,653
2,653
2,679
2,679
2,682
2,682
2,708
2,708
2,755
2,755
2,812
2,812
2,729
2,729
2,780
2,780
2,736
2,736
2,783
2,783
2,641
2,641
2,641
2,641
2,644
2,644
2,646
2,646
161
161
179
179
171
171
177
177
142
142
568
568
620
620
547
547
626
626
818
0
742
742
0
074274208186266265475476206205685681421421771771711711791791611612,6462,6462,6442,6442,6412,6412,6412,6412,7832,7832,7362,7362,7802,7802,7292,7292,8122,8122,7552,7552,7082,7082,6822,6822,6792,6792,6532,6532,6512,6517,0097,0092,7642,7642,7502,7502,5322,5321381382252254884885005004884886636635005000000000000001,5001,5001,5001,5001,5001,5001,5001,50000000
> Total Liabilities 
0
0
423
0
0
504
504
1,017
1,017
815
815
212
212
466
466
1,414
1,414
1,213
1,213
735
735
1,967
1,967
651
651
1,405
1,404
906
906
2,184
2,184
2,870
2,870
1,229
1,229
364
364
702
702
1,900
1,900
1,465
1,465
1,300
1,300
1,280
1,280
1,031
1,031
1,131
1,131
1,130
1,130
920
920
637
637
801
801
666
666
746
746
619
619
732
732
3,262
3,262
913
913
777
777
1,243
1,243
1,436
1,436
1,363
1,363
1,697
1,697
2,129
2,129
5,070
5,070
0
14,045
0
14,287
0
15,987
0
16,524
17,256
17,256
26,339
26,339
27,238
27,238
28,156
28,15627,23827,23826,33926,33917,25617,25616,524015,987014,287014,04505,0705,0702,1292,1291,6971,6971,3631,3631,4361,4361,2431,2437777779139133,2623,2627327326196197467466666668018016376379209201,1301,1301,1311,1311,0311,0311,2801,2801,3001,3001,4651,4651,9001,9007027023643641,2291,2292,8702,8702,1842,1849069061,4041,4056516511,9671,9677357351,2131,2131,4141,4144664662122128158151,0171,0175045040042300
   > Total Current Liabilities 
0
0
414
0
0
504
504
1,017
1,017
815
815
212
212
466
466
1,414
1,414
1,199
1,199
713
713
1,934
1,934
608
608
1,370
1,370
776
776
2,090
2,090
2,817
2,817
1,173
1,173
340
340
682
682
1,144
1,144
683
683
511
511
912
912
656
656
893
893
924
924
575
575
380
380
535
515
395
395
495
495
349
349
489
489
3,043
3,043
706
706
593
593
1,070
1,070
1,281
1,281
1,218
1,218
1,572
1,572
2,064
2,064
2,758
2,758
9,475
9,475
6,519
6,519
8,650
8,650
8,962
8,962
7,756
7,756
11,098
11,098
12,667
12,667
14,031
14,03112,66712,66711,09811,0987,7567,7568,9628,9628,6508,6506,5196,5199,4759,4752,7582,7582,0642,0641,5721,5721,2181,2181,2811,2811,0701,0705935937067063,0433,0434894893493494954953953955155353803805755759249248938936566569129125115116836831,1441,1446826823403401,1731,1732,8172,8172,0902,0907767761,3701,3706086081,9341,9347137131,1991,1991,4141,4144664662122128158151,0171,0175045040041400
       Short-term Debt 
0
0
0
0
0
0
10,360
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
60
0
0
0
3,760
0
0
0
1,860
0
0
0
1,160
0
0
0
60
0
0
0
60
0
0
0
50
0
0
0
50
0
0
0
0
0
0
0
50
0
0
0
5,628
0
0
0
2,875
0
1,433
1,788
1,788
0
3,080
0
1,890
1,634
1,6341,89003,08001,7881,7881,43302,8750005,628000500000000500005000060000600001,1600001,8600003,7600006000000000000000000000000000000000000000010,360000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,304
0
0
0
2,525
0
0
0
1,330
0
0
0
1,398
0
01,3980001,3300002,5250005,30400000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,196
0
0
0
1,948
1,948
2,562
2,562
950
950
228
228
92
92
782
782
413
413
450
450
412
412
497
497
426
490
707
707
416
416
307
307
264
264
306
306
210
210
317
317
133
133
562
562
406
406
471
471
421
421
1,081
1,081
223
223
1,300
1,300
582
582
2,139
2,139
1,612
1,612
3,426
3,426
1,814
1,814
1,287
1,287
4,968
1,871
2,082
2,082
2,738
2,738
3,548
3,5482,7382,7382,0822,0821,8714,9681,2871,2871,8141,8143,4263,4261,6121,6122,1392,1395825821,3001,3002232231,0811,08142142147147140640656256213313331731721021030630626426430730741641670770749042649749741241245045041341378278292922282289509502,5622,5621,9481,9480001,1960000000000000000000000000
       Other Current Liabilities 
0
0
409
0
0
504
-9,856
899
899
815
30
212
212
466
96
1,414
1,414
1,199
43
712
712
1,934
1,934
608
608
174
174
776
776
142
142
255
255
223
223
112
112
590
590
362
362
270
270
61
61
500
459
159
159
466
466
217
217
159
160
73
73
271
252
89
89
285
285
32
32
356
356
2,481
2,481
299
300
123
123
648
648
199
199
719
995
0
0
1,170
1,482
0
0
1,626
2,234
47
47
2,350
3,960
3,240
3,240
1,001
4,098
9,016
5,936
9,929
8,039
8,849
8,8498,0399,9295,9369,0164,0981,0013,2403,2403,9602,35047472,2341,626001,4821,170009957191991996486481231233002992,4812,48135635632322852858989252271737316015921721746646615915945950061612702703623625905901121122232232552551421427767761741746086081,9341,934712712431,1991,4141,4149646621221230815899899-9,8565040040900
   > Long-term Liabilities 
0
0
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
0
0
0
33
0
0
0
35
0
0
0
94
0
0
0
56
0
0
0
20
0
0
0
782
0
0
0
367
0
0
0
238
0
0
0
345
0
0
0
285
0
0
0
251
0
0
0
243
0
0
0
207
0
0
0
173
0
0
0
145
0
0
0
65
0
0
0
4,570
0
0
0
7,338
0
0
9,500
9,500
2,300
15,241
1,789
14,570
14,125
14,12514,5701,78915,2412,3009,5009,500007,3380004,57000065000145000173000207000243000251000285000345000238000367000782000200005600094000350003300015000000000000000900
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,171
0
4,404
0
7,582
0
7,122
0
7,324
0
9,207
0
14,809
0
14,154
0
014,154014,80909,20707,32407,12207,58204,40402,171000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
15
23
23
33
33
43
43
35
35
81
81
94
35
52
52
56
56
24
24
20
20
0
0
26
26
32
32
30
30
38
38
38
225
44
44
273
273
257
257
266
266
271
271
251
251
270
270
243
243
219
219
207
207
184
184
173
173
156
156
145
145
125
125
65
65
141
141
167
167
186
186
216
216
238
238
293
293
432
432
417
417
0
041741743243229329323823821621618618616716714114165651251251451451561561731731841842072072192192432432702702512512712712662662572572732734444225383838303032322626002020242456565252359481813535434333332323151500000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
476
476
402
402
329
329
256
256
183
183
0
018318325625632932940240247647600000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
6,655
0
0
11,458
11,458
8,699
8,699
6,408
6,408
7,927
7,927
12,149
12,149
9,192
9,192
6,261
6,261
17,006
17,006
16,685
16,685
12,130
12,130
17,282
17,282
16,754
16,754
22,765
22,765
24,483
24,483
20,788
20,788
18,018
18,018
16,461
16,461
15,522
15,522
14,589
14,589
13,931
13,931
13,751
13,751
11,587
11,587
10,677
10,677
9,658
9,658
8,028
8,028
7,496
7,496
7,863
7,863
9,943
9,943
8,718
8,718
7,465
7,465
7,556
7,555
14,880
14,880
15,112
15,112
13,788
13,788
10,813
10,813
30,920
30,920
28,459
28,459
27,042
27,042
26,099
26,099
24,518
24,518
0
23,812
0
22,019
0
22,352
0
20,069
17,715
17,715
67,742
62,896
70,213
65,383
69,052
69,05265,38370,21362,89667,74217,71517,71520,069022,352022,019023,812024,51824,51826,09926,09927,04227,04228,45928,45930,92030,92010,81310,81313,78813,78815,11215,11214,88014,8807,5557,5567,4657,4658,7188,7189,9439,9437,8637,8637,4967,4968,0288,0289,6589,65810,67710,67711,58711,58713,75113,75113,93113,93114,58914,58915,52215,52216,46116,46118,01818,01820,78820,78824,48324,48322,76522,76516,75416,75417,28217,28212,13012,13016,68516,68517,00617,0066,2616,2619,1929,19212,14912,1497,9277,9276,4086,4088,6998,69911,45811,458006,65500
   Common Stock
0
0
8,009
0
0
16,376
16,376
16,376
16,376
16,397
16,396
19,270
19,270
27,868
27,868
28,196
28,196
30,551
30,551
45,556
45,556
50,416
50,416
52,234
52,234
61,778
61,778
65,998
65,998
78,245
78,244
88,554
88,554
89,081
89,081
89,081
89,081
89,081
89,081
89,081
89,081
89,081
89,081
89,081
89,081
90,359
90,359
90,359
90,359
90,359
90,359
90,359
90,359
90,359
90,359
90,359
90,359
91,581
91,581
94,752
94,752
94,870
94,870
94,870
94,870
94,870
94,870
113,032
113,032
114,100
114,100
114,476
114,476
114,476
114,476
137,745
137,745
138,121
138,121
138,781
138,781
139,071
139,071
139,071
139,071
139,071
139,071
139,071
139,071
139,251
139,251
139,251
139,251
139,431
139,431
188,020
188,020
191,591
191,591
191,601
191,601191,591191,591188,020188,020139,431139,431139,251139,251139,251139,251139,071139,071139,071139,071139,071139,071139,071139,071138,781138,781138,121138,121137,745137,745114,476114,476114,476114,476114,100114,100113,032113,03294,87094,87094,87094,87094,87094,87094,75294,75291,58191,58190,35990,35990,35990,35990,35990,35990,35990,35990,35990,35990,35990,35989,08189,08189,08189,08189,08189,08189,08189,08189,08189,08189,08189,08188,55488,55478,24478,24565,99865,99861,77861,77852,23452,23450,41650,41645,55645,55630,55130,55128,19628,19627,86827,86819,27019,27016,39616,39716,37616,37616,37616,376008,00900
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
-2
0
0
0
-6
0
0
0
-15
0
0
0
-53
0
0
0
282
0
0
0
383
0
0
0
383
0
0
0
860
0
0
0
1,453
0
0
0
1,567
0
0
0
1,525
0
0
0
1,272
0
0
0
1,115
0
0
0
1,166
0
0
0
1,270
0
0
0
1,773
0
0
0
1,913
0
0
0
-6,699
0
0
0
-6,368
0
0
0
-6,392
0
0
0
-6,512
0
0
0
-4,602
0
0
0
-1,637
0
0
-5,262
-5,262
0
-4,846
0
-4,830
-3,865
-3,865-4,8300-4,8460-5,262-5,26200-1,637000-4,602000-6,512000-6,392000-6,368000-6,6990001,9130001,7730001,2700001,1660001,1150001,2720001,5250001,5670001,453000860000383000383000282000-53000-15000-6000-200
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
284
0
0
0
288
0
0
0
297
0
0
0
335
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-6,434
-6,434
-6,368
-6,368
-6,303
-6,303
-6,392
-159
-6,551
-6,551
-6,512
-376
-5,671
-5,671
-4,602
-4,602
-2,858
-2,858
-1,637
-1,637
-5,539
-5,539
-5,262
-5,262
-67,742
-67,742
-70,213
-70,213
0
0-70,213-70,213-67,742-67,742-5,262-5,262-5,539-5,539-1,637-1,637-2,858-2,858-4,602-4,602-5,671-5,671-376-6,512-6,551-6,551-159-6,392-6,303-6,303-6,368-6,368-6,434-6,4340000000000000000000000000000000000000000000000000000000033500029700028800028400



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue65,241
Cost of Revenue-45,909
Gross Profit19,33219,332
 
Operating Income (+$)
Gross Profit19,332
Operating Expense-25,517
Operating Income-6,185-6,185
 
Operating Expense (+$)
Research Development7,429
Selling General Administrative50,845
Selling And Marketing Expenses2,358
Operating Expense25,51760,631
 
Net Interest Income (+$)
Interest Income870
Interest Expense-714
Other Finance Cost-0
Net Interest Income155
 
Pretax Income (+$)
Operating Income-6,185
Net Interest Income155
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-4,933-7,437
EBIT - interestExpense = -6,899
-4,933
-4,210
Interest Expense714
Earnings Before Interest and Taxes (EBIT)-6,185-4,219
Earnings Before Interest and Taxes (EBITDA)-3,902
 
After tax Income (+$)
Income Before Tax-4,933
Tax Provision--9
Net Income From Continuing Ops-4,925-4,925
Net Income-4,925
Net Income Applicable To Common Shares-4,925
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses71,426
Total Other Income/Expenses Net1,252-155
 

Technical Analysis of Polynovo
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 Polynovo. The general trend of Polynovo 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 Polynovo'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 Polynovo Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 2.52 < 2.52 < 2.71.

The bearish price targets are: 2.04 > 1.815 > 1.815.

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Polynovo Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Polynovo Ltd. 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

Polynovo Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Polynovo Ltd. The current macd is 0.02370384.

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 Polynovo price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Polynovo. 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 Polynovo 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
Polynovo Ltd Daily Moving Average Convergence/Divergence (MACD) ChartPolynovo Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Polynovo Ltd. The current adx is 24.38.

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 Polynovo 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.
Polynovo Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Polynovo Ltd. The current sar is 2.31488582.

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
Polynovo Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Polynovo Ltd. The current rsi is 51.92. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Polynovo Ltd Daily Relative Strength Index (RSI) ChartPolynovo Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Polynovo Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Polynovo price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Polynovo Ltd Daily Stochastic Oscillator ChartPolynovo Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Polynovo Ltd. The current cci is -59.68388771.

Polynovo Ltd Daily Commodity Channel Index (CCI) ChartPolynovo Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Polynovo Ltd. The current cmo is -1.12309584.

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
Polynovo Ltd Daily Chande Momentum Oscillator (CMO) ChartPolynovo Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Polynovo Ltd. The current willr is -71.73913043.

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

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Polynovo Ltd.

Polynovo Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Polynovo Ltd. The current atr is 0.10137027.

Polynovo Ltd Daily Average True Range (ATR) ChartPolynovo Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Polynovo Ltd. The current obv is 30,842,271.

Polynovo Ltd Daily On-Balance Volume (OBV) ChartPolynovo Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Polynovo Ltd. The current mfi is 40.67.

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
Polynovo Ltd Daily Money Flow Index (MFI) ChartPolynovo Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Polynovo Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Polynovo Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.923
Ma 20Greater thanMa 502.258
Ma 50Greater thanMa 1002.054
Ma 100Greater thanMa 2001.771
OpenGreater thanClose2.150
Total4/5 (80.0%)
Penke

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