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Red Electrica Corporacion SA ADR
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Let's analyse Red Electrica Corporacion SA ADR together

PenkeI guess you are interested in Red Electrica Corporacion SA ADR. 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 Red Electrica Corporacion SA ADR. 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.

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Quick analysis of Red Electrica Corporacion SA ADR (30 sec.)










What can you expect buying and holding a share of Red Electrica Corporacion SA ADR? (30 sec.)

How much money do you get?

How much money do you get?
$0.89
When do you have the money?
1 year
How often do you get paid?
82.5%

What is your share worth?

Current worth
$6.00
Expected worth in 1 year
$7.09
How sure are you?
82.5%

+ What do you gain per year?

Total Gains per Share
$1.98
Return On Investment
23.1%

For what price can you sell your share?

Current Price per Share
$8.60
Expected price per share
$8.4 - $9.4424
How sure are you?
50%

1. Valuation of Red Electrica Corporacion SA ADR (5 min.)




Live pricePrice per Share (EOD)

$8.60

Intrinsic Value Per Share

$-32.32 - $-2.56

Total Value Per Share

$-26.32 - $3.44

2. Growth of Red Electrica Corporacion SA ADR (5 min.)




Is Red Electrica Corporacion SA ADR growing?

Current yearPrevious yearGrowGrow %
How rich?$6.4b$5b$1b17.9%

How much money is Red Electrica Corporacion SA ADR making?

Current yearPrevious yearGrowGrow %
Making money$228.5m$179.7m$48.8m21.4%
Net Profit Margin34.0%32.9%--

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

3. Financial Health of Red Electrica Corporacion SA ADR (5 min.)




What can you expect buying and holding a share of Red Electrica Corporacion SA ADR? (5 min.)

Welcome investor! Red Electrica Corporacion SA ADR's management wants to use your money to grow the business. In return you get a share of Red Electrica Corporacion SA ADR.

What can you expect buying and holding a share of Red Electrica Corporacion SA ADR?

First you should know what it really means to hold a share of Red Electrica Corporacion SA ADR. And how you can make/lose money.

Speculation

The Price per Share of Red Electrica Corporacion SA ADR is $8.599. 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 Red Electrica Corporacion SA ADR.
  • 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 Red Electrica Corporacion SA ADR, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $6.00. Based on the TTM, the Book Value Change Per Share is $0.27 per quarter. Based on the YOY, the Book Value Change Per Share is $0.30 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.22 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Red Electrica Corporacion SA ADR.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.313.6%0.212.5%0.171.9%0.182.1%0.161.9%
Usd Book Value Change Per Share0.404.6%0.273.2%0.303.5%0.131.5%0.091.1%
Usd Dividend Per Share0.364.2%0.222.6%0.242.7%0.232.7%0.192.2%
Usd Total Gains Per Share0.768.8%0.505.8%0.546.3%0.364.2%0.283.3%
Usd Price Per Share8.24-8.33-9.04-9.39-11.56-
Price to Earnings Ratio6.63-10.42-14.11-13.91-139.57-
Price-to-Total Gains Ratio10.83--2.27-18.75-22.98-12.12-
Price to Book Ratio1.37-1.48-1.98-2.37-3.69-
Price-to-Total Gains Ratio10.83--2.27-18.75-22.98-12.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.599
Number of shares116
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.220.23
Usd Book Value Change Per Share0.270.13
Usd Total Gains Per Share0.500.36
Gains per Quarter (116 shares)57.5341.84
Gains per Year (116 shares)230.10167.36
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110312722010661157
2207254450213122324
3310381680319183491
4413507910425244658
55166341140532305825
66207611370638366992
772388816007444271159
8826101518308504881326
9929114220609575501493
1010331268229010636111660

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 Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%60.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%13.07.00.065.0%28.012.00.070.0%41.016.03.068.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%18.00.02.090.0%33.00.07.082.5%43.00.017.071.7%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%33.07.00.082.5%48.011.01.080.0%

Fundamentals of Red Electrica Corporacion SA ADR

About Red Electrica Corporacion SA ADR

Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic). Its transmission network comprises approximately 45,141 kilometres; and has 94,981 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, technical consultancy, and satellite telecommunications services. In addition, it manages and constructs energy storage facilities and the water cycle; acquires, holds, manages, and administers equity securities; operates satellite communications system and provides space segment services for the geostationary orbital slots; and sells and leases satellites and spatial capacity. The company was formerly known as Red Eléctrica Corporación, S.A. and changed its name to Redeia Corporación, S.A. in June 2023. Redeia Corporación, S.A. was incorporated in 1985 and is based in Alcobendas, Spain.

Fundamental data was last updated by Penke on 2024-03-12 15:13:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is 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 able to pay all its debts by selling its assets.
The company is just 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 underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Red Electrica Corporacion SA ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Red Electrica Corporacion SA ADR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Red Electrica Corporacion SA ADR to the Utilities - Regulated Electric industry mean.
  • A Net Profit Margin of 32.4% means that $0.32 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 32.4%. The company is making a huge profit. +2
  • The TTM is 34.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ32.4%TTM34.0%-1.6%
TTM34.0%YOY32.9%+1.1%
TTM34.0%5Y33.8%+0.2%
5Y33.8%10Y34.2%-0.5%
1.1.2. Return on Assets

Shows how efficient Red Electrica Corporacion SA ADR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Red Electrica Corporacion SA ADR to the Utilities - Regulated Electric industry mean.
  • 2.3% Return on Assets means that Red Electrica Corporacion SA ADR generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 2.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.3%TTM1.5%+0.8%
TTM1.5%YOY1.2%+0.3%
TTM1.5%5Y1.3%+0.1%
5Y1.3%10Y1.4%-0.1%
1.1.3. Return on Equity

Shows how efficient Red Electrica Corporacion SA ADR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Red Electrica Corporacion SA ADR to the Utilities - Regulated Electric industry mean.
  • 6.2% Return on Equity means Red Electrica Corporacion SA ADR generated $0.06 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 6.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 4.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ6.2%TTM4.0%+2.2%
TTM4.0%YOY3.7%+0.3%
TTM4.0%5Y4.5%-0.4%
5Y4.5%10Y5.2%-0.8%

1.2. Operating Efficiency of Red Electrica Corporacion SA ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Red Electrica Corporacion SA ADR is operating .

  • Measures how much profit Red Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR to the Utilities - Regulated Electric industry mean.
  • An Operating Margin of 40.6% means the company generated $0.41  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 40.6%. The company is operating very efficient. +2
  • The TTM is 50.0%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ40.6%TTM50.0%-9.3%
TTM50.0%YOY48.4%+1.5%
TTM50.0%5Y51.5%-1.6%
5Y51.5%10Y52.4%-0.8%
1.2.2. Operating Ratio

Measures how efficient Red Electrica Corporacion SA ADR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • An Operation Ratio of 0.59 means that the operating costs are $0.59 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 0.594. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.692. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.594TTM0.692-0.098
TTM0.692YOY0.580+0.112
TTM0.6925Y0.563+0.129
5Y0.56310Y0.525+0.039

1.3. Liquidity of Red Electrica Corporacion SA ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Red Electrica Corporacion SA ADR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A Current Ratio of 1.06 means the company has $1.06 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 1.057. The company is just able to pay all its short-term debts.
  • The TTM is 1.232. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.057TTM1.232-0.175
TTM1.232YOY1.170+0.062
TTM1.2325Y1.145+0.087
5Y1.14510Y1.022+0.123
1.3.2. Quick Ratio

Measures if Red Electrica Corporacion SA ADR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Red Electrica Corporacion SA ADR to the Utilities - Regulated Electric industry mean.
  • A Quick Ratio of 1.05 means the company can pay off $1.05 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 1.046. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.797. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.046TTM1.797-0.751
TTM1.797YOY1.224+0.573
TTM1.7975Y1.125+0.672
5Y1.12510Y0.728+0.397

1.4. Solvency of Red Electrica Corporacion SA ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Red Electrica Corporacion SA ADR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Red Electrica Corporacion SA ADR to Utilities - Regulated Electric industry mean.
  • A Debt to Asset Ratio of 0.55 means that Red Electrica Corporacion SA ADR assets are financed with 55.3% credit (debt) and the remaining percentage (100% - 55.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 0.553. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.612. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.553TTM0.612-0.059
TTM0.612YOY0.677-0.065
TTM0.6125Y0.691-0.079
5Y0.69110Y0.713-0.022
1.4.2. Debt to Equity Ratio

Measures if Red Electrica Corporacion SA ADR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Red Electrica Corporacion SA ADR to the Utilities - Regulated Electric industry mean.
  • A Debt to Equity ratio of 148.1% means that company has $1.48 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Red Electrica Corporacion SA ADR:

  • The MRQ is 1.481. The company is able to pay all its debts with equity. +1
  • The TTM is 1.689. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.481TTM1.689-0.208
TTM1.689YOY2.142-0.452
TTM1.6895Y2.351-0.661
5Y2.35110Y2.577-0.227

2. Market Valuation of Red Electrica Corporacion SA ADR

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 Red Electrica Corporacion SA ADR generates.

  • Above 15 is considered overpriced but always compare Red Electrica Corporacion SA ADR to the Utilities - Regulated Electric industry mean.
  • A PE ratio of 6.63 means the investor is paying $6.63 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Red Electrica Corporacion SA ADR:

  • The EOD is 6.919. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.626. Based on the earnings, the company is cheap. +2
  • The TTM is 10.424. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD6.919MRQ6.626+0.293
MRQ6.626TTM10.424-3.798
TTM10.424YOY14.115-3.691
TTM10.4245Y13.909-3.486
5Y13.90910Y139.568-125.659
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Red Electrica Corporacion SA ADR:

  • The EOD is -6.634. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.353. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 1.252. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-6.634MRQ-6.353-0.281
MRQ-6.353TTM1.252-7.605
TTM1.252YOY-2.172+3.424
TTM1.2525Y4.756-3.504
5Y4.75610Y11.030-6.274
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Red Electrica Corporacion SA ADR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A PB ratio of 1.37 means the investor is paying $1.37 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Red Electrica Corporacion SA ADR:

  • The EOD is 1.433. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.373. Based on the equity, the company is underpriced. +1
  • The TTM is 1.477. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.433MRQ1.373+0.061
MRQ1.373TTM1.477-0.104
TTM1.477YOY1.982-0.505
TTM1.4775Y2.374-0.897
5Y2.37410Y3.691-1.317
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Red Electrica Corporacion SA ADR 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--0.3970.273+45%0.303+31%0.132+201%0.094+320%
Book Value Per Share--5.9995.649+6%4.639+29%4.175+44%3.499+71%
Current Ratio--1.0571.232-14%1.170-10%1.145-8%1.022+3%
Debt To Asset Ratio--0.5530.612-10%0.677-18%0.691-20%0.713-22%
Debt To Equity Ratio--1.4811.689-12%2.142-31%2.351-37%2.577-43%
Dividend Per Share--0.3640.223+63%0.236+54%0.229+59%0.189+93%
Eps--0.3110.212+47%0.167+87%0.177+76%0.160+94%
Free Cash Flow Per Share---0.324-0.026-92%0.326-199%0.262-224%0.259-225%
Free Cash Flow To Equity Per Share---1.038-0.313-70%0.149-797%0.149-797%0.166-727%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2.563--------
Intrinsic Value_10Y_min---32.323--------
Intrinsic Value_1Y_max--0.849--------
Intrinsic Value_1Y_min--0.229--------
Intrinsic Value_3Y_max--1.708--------
Intrinsic Value_3Y_min---2.312--------
Intrinsic Value_5Y_max--1.551--------
Intrinsic Value_5Y_min---8.120--------
Market Cap9279697390.336+4%8886883127.0408987515387.570-1%9752099708.352-9%10130496733.990-12%12477405757.852-29%
Net Profit Margin--0.3240.340-5%0.329-2%0.338-4%0.342-5%
Operating Margin--0.4060.500-19%0.484-16%0.515-21%0.524-22%
Operating Ratio--0.5940.692-14%0.580+2%0.563+5%0.525+13%
Pb Ratio1.433+4%1.3731.477-7%1.982-31%2.374-42%3.691-63%
Pe Ratio6.919+4%6.62610.424-36%14.115-53%13.909-52%139.568-95%
Price Per Share8.599+4%8.2358.328-1%9.037-9%9.387-12%11.557-29%
Price To Free Cash Flow Ratio-6.634-4%-6.3531.252-607%-2.172-66%4.756-234%11.030-158%
Price To Total Gains Ratio11.311+4%10.832-2.273+121%18.754-42%22.979-53%12.124-11%
Quick Ratio--1.0461.797-42%1.224-15%1.125-7%0.728+44%
Return On Assets--0.0230.015+57%0.012+98%0.013+74%0.014+60%
Return On Equity--0.0620.040+54%0.037+67%0.045+39%0.052+19%
Total Gains Per Share--0.7600.496+53%0.539+41%0.361+111%0.283+168%
Usd Book Value--6474154000.0006096377082.275+6%5005826358.000+29%4505360272.265+44%3776530203.293+71%
Usd Book Value Change Per Share--0.3970.273+45%0.303+31%0.132+201%0.094+320%
Usd Book Value Per Share--5.9995.649+6%4.639+29%4.175+44%3.499+71%
Usd Dividend Per Share--0.3640.223+63%0.236+54%0.229+59%0.189+93%
Usd Eps--0.3110.212+47%0.167+87%0.177+76%0.160+94%
Usd Free Cash Flow---349721000.000-28026710.325-92%352119581.225-199%282821958.355-224%279288111.915-225%
Usd Free Cash Flow Per Share---0.324-0.026-92%0.326-199%0.262-224%0.259-225%
Usd Free Cash Flow To Equity Per Share---1.038-0.313-70%0.149-797%0.149-797%0.166-727%
Usd Market Cap9279697390.336+4%8886883127.0408987515387.570-1%9752099708.352-9%10130496733.990-12%12477405757.852-29%
Usd Price Per Share8.599+4%8.2358.328-1%9.037-9%9.387-12%11.557-29%
Usd Profit--335301000.000228583752.500+47%179764477.900+87%190913341.500+76%185647410.540+81%
Usd Revenue--1034962000.000677466570.000+53%544916110.300+90%566063187.725+83%542847848.155+91%
Usd Total Gains Per Share--0.7600.496+53%0.539+41%0.361+111%0.283+168%
 EOD+5 -3MRQTTM+23 -12YOY+21 -145Y+21 -1410Y+23 -12

3.2. Fundamental Score

Let's check the fundamental score of Red Electrica Corporacion SA ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.919
Price to Book Ratio (EOD)Between0-11.433
Net Profit Margin (MRQ)Greater than00.324
Operating Margin (MRQ)Greater than00.406
Quick Ratio (MRQ)Greater than11.046
Current Ratio (MRQ)Greater than11.057
Debt to Asset Ratio (MRQ)Less than10.553
Debt to Equity Ratio (MRQ)Less than11.481
Return on Equity (MRQ)Greater than0.150.062
Return on Assets (MRQ)Greater than0.050.023
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Red Electrica Corporacion SA ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.515
Ma 20Greater thanMa 508.319
Ma 50Greater thanMa 1008.134
Ma 100Greater thanMa 2008.102
OpenGreater thanClose8.558
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets14,484,847
Total Liabilities8,010,693
Total Stockholder Equity5,408,760
 As reported
Total Liabilities 8,010,693
Total Stockholder Equity+ 5,408,760
Total Assets = 14,484,847

Assets

Total Assets14,484,847
Total Current Assets2,222,097
Long-term Assets12,262,750
Total Current Assets
Cash And Cash Equivalents 675,417
Short-term Investments 39,243
Net Receivables 1,444,934
Inventory 61,252
Other Current Assets 1,251
Total Current Assets  (as reported)2,222,097
Total Current Assets  (calculated)2,222,097
+/-0
Long-term Assets
Property Plant Equipment 9,990,817
Goodwill 285,355
Long-term Assets Other 545,594
Long-term Assets  (as reported)12,262,750
Long-term Assets  (calculated)10,821,766
+/- 1,440,984

Liabilities & Shareholders' Equity

Total Current Liabilities2,102,904
Long-term Liabilities5,907,789
Total Stockholder Equity5,408,760
Total Current Liabilities
Short-term Debt 589,626
Accounts payable 335,554
Other Current Liabilities 1,106,363
Total Current Liabilities  (as reported)2,102,904
Total Current Liabilities  (calculated)2,031,543
+/- 71,361
Long-term Liabilities
Long-term Liabilities  (as reported)5,907,789
Long-term Liabilities  (calculated)0
+/- 5,907,789
Total Stockholder Equity
Common Stock270,540
Accumulated Other Comprehensive Income 5,157,716
Other Stockholders Equity -19,496
Total Stockholder Equity (as reported)5,408,760
Total Stockholder Equity (calculated)5,408,760
+/-0
Other
Cash and Short Term Investments 714,660
Common Stock Shares Outstanding 539,683
Current Deferred Revenue71,361
Liabilities and Stockholders Equity 14,484,847
Net Debt 5,120,237
Short Long Term Debt Total 5,795,654



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
6,201,633
6,223,749
6,501,342
7,570,896
8,283,898
8,359,070
8,489,166
8,463,082
8,765,477
8,844,959
8,867,110
8,985,948
9,215,191
9,354,144
9,853,487
9,357,862
9,419,865
9,444,245
9,655,565
9,834,348
10,557,971
10,423,381
10,715,520
10,509,814
10,597,944
10,406,236
10,817,406
10,692,338
10,550,350
10,562,923
10,969,151
10,800,510
10,917,883
11,010,149
11,284,387
11,192,374
11,262,080
11,686,020
11,380,129
11,468,974
12,661,960
13,030,336
13,043,656
12,840,299
12,844,089
12,796,426
13,420,486
13,201,304
13,984,478
13,213,809
14,582,100
14,626,496
14,781,520
15,165,700
15,298,261
14,566,000
14,484,847
14,484,84714,566,00015,298,26115,165,70014,781,52014,626,49614,582,10013,213,80913,984,47813,201,30413,420,48612,796,42612,844,08912,840,29913,043,65613,030,33612,661,96011,468,97411,380,12911,686,02011,262,08011,192,37411,284,38711,010,14910,917,88310,800,51010,969,15110,562,92310,550,35010,692,33810,817,40610,406,23610,597,94410,509,81410,715,52010,423,38110,557,9719,834,3489,655,5659,444,2459,419,8659,357,8629,853,4879,354,1449,215,1918,985,9488,867,1108,844,9598,765,4778,463,0828,489,1668,359,0708,283,8987,570,8966,501,3426,223,7496,201,633000
   > Total Current Assets 
0
0
0
424,211
406,277
511,938
477,072
475,325
491,912
551,845
422,759
432,628
493,944
563,109
637,107
727,506
886,933
1,281,598
749,980
805,394
826,410
994,547
1,157,748
1,419,807
1,255,387
1,559,237
1,363,725
1,441,403
1,135,587
1,600,863
1,517,122
1,293,585
1,382,186
1,789,753
1,666,855
1,703,645
1,861,405
2,127,967
1,931,543
1,958,566
2,411,608
2,144,539
2,019,598
1,786,808
1,873,514
1,962,511
1,854,747
1,914,549
1,880,920
2,422,960
2,232,447
2,887,410
2,030,943
3,247,969
3,134,386
2,947,307
3,298,600
3,268,411
2,417,800
2,222,097
2,222,0972,417,8003,268,4113,298,6002,947,3073,134,3863,247,9692,030,9432,887,4102,232,4472,422,9601,880,9201,914,5491,854,7471,962,5111,873,5141,786,8082,019,5982,144,5392,411,6081,958,5661,931,5432,127,9671,861,4051,703,6451,666,8551,789,7531,382,1861,293,5851,517,1221,600,8631,135,5871,441,4031,363,7251,559,2371,255,3871,419,8071,157,748994,547826,410805,394749,9801,281,598886,933727,506637,107563,109493,944432,628422,759551,845491,912475,325477,072511,938406,277424,211000
       Cash And Cash Equivalents 
0
0
0
14,068
0
133,509
0
18,286
0
31,968
0
19,343
0
149,591
0
40,314
0
683,510
0
214,861
0
139,317
0
299,368
0
384,153
0
386,861
0
469,760
0
251,421
355,783
657,118
523,888
569,869
6,142
900,452
797,051
767,152
1,216,161
853,620
648,462
328,570
0
568,116
0
481,772
0
1,150,258
0
1,574,427
0
1,207,516
387,940
794,824
-1,547,329
1,394,946
-1,737,184
675,417
675,417-1,737,1841,394,946-1,547,329794,824387,9401,207,51601,574,42701,150,2580481,7720568,1160328,570648,462853,6201,216,161767,152797,051900,4526,142569,869523,888657,118355,783251,4210469,7600386,8610384,1530299,3680139,3170214,8610683,510040,3140149,591019,343031,968018,2860133,509014,068000
       Short-term Investments 
0
0
0
0
0
346
0
186
0
876
0
-2,695
0
1,501
0
1,130
0
124,987
0
1,018
0
670
0
1,304
0
8,107
0
2,522
0
120,113
0
40,575
0
53,008
0
80,668
0
84,583
0
54,213
0
41,334
0
58,200
0
28,288
0
35,812
0
30,286
0
25,401
0
730,294
1,400,000
752,505
3,094,658
342,238
3,474,368
39,243
39,2433,474,368342,2383,094,658752,5051,400,000730,294025,401030,286035,812028,288058,200041,334054,213084,583080,668053,008040,5750120,11302,52208,10701,304067001,0180124,98701,13001,5010-2,69508760186034600000
       Net Receivables 
0
0
0
365,380
0
0
0
0
0
0
0
368,070
0
0
0
1,130
0
0
0
1,018
0
670
0
1,304
0
8,107
0
2,522
0
120,113
0
40,575
1,026,403
1,026,395
1,142,967
80,668
11,436
9,871
1,722,243
1,102,560
1,195,447
20,034
1,371,136
1,346,007
1,437,170
1,312,447
1,432,338
1,342,099
1,255,780
1,211,090
1,330,571
1,260,956
1,414,390
1,278,242
0
1,358,657
0
1,473,887
0
1,444,934
1,444,93401,473,88701,358,65701,278,2421,414,3901,260,9561,330,5711,211,0901,255,7801,342,0991,432,3381,312,4471,437,1701,346,0071,371,13620,0341,195,4471,102,5601,722,2439,87111,43680,6681,142,9671,026,3951,026,40340,5750120,11302,52208,10701,304067001,0180001,130000368,0700000000365,380000
       Other Current Assets 
0
0
0
766
406,277
328,111
477,072
413,065
491,912
462,097
422,759
837
493,944
352,520
637,107
633,315
886,933
416,625
749,980
544,535
826,410
810,801
1,157,748
1,072,690
1,255,387
1,116,099
1,363,725
1,010,265
1,135,587
965,252
1,517,122
962,122
1,382,186
1,026,395
1,666,855
1,013,355
1,861,405
1,094,649
1,931,543
1,102,560
2,411,608
1,210,870
2,019,598
1,357,318
1,873,514
1,322,124
1,854,747
1,362,090
1,880,920
1,212,112
2,232,447
1,261,047
2,030,943
1,278,328
3,134,386
1,358,657
0
1,366,251
0
1,251
1,25101,366,25101,358,6573,134,3861,278,3282,030,9431,261,0472,232,4471,212,1121,880,9201,362,0901,854,7471,322,1241,873,5141,357,3182,019,5981,210,8702,411,6081,102,5601,931,5431,094,6491,861,4051,013,3551,666,8551,026,3951,382,186962,1221,517,122965,2521,135,5871,010,2651,363,7251,116,0991,255,3871,072,6901,157,748810,801826,410544,535749,980416,625886,933633,315637,107352,520493,944837422,759462,097491,912413,065477,072328,111406,277766000
   > Long-term Assets 
0
0
0
5,777,422
5,817,472
5,989,404
7,093,824
7,808,573
7,867,158
7,937,321
8,040,323
8,332,849
8,351,015
8,304,001
8,348,841
8,487,685
8,467,211
8,571,889
8,607,882
8,614,471
8,617,835
8,661,018
8,676,600
9,138,164
9,167,994
9,156,283
9,146,089
9,156,541
9,270,649
9,216,543
9,175,216
9,256,765
9,180,737
9,179,398
9,133,655
9,214,238
9,148,802
9,156,420
9,260,831
9,303,514
9,274,412
9,235,590
9,449,376
10,875,152
11,156,822
11,081,145
10,985,552
10,929,540
10,915,506
10,997,526
10,968,857
11,097,068
11,182,866
11,334,131
11,492,110
11,834,213
11,867,100
12,029,850
12,148,200
12,262,750
12,262,75012,148,20012,029,85011,867,10011,834,21311,492,11011,334,13111,182,86611,097,06810,968,85710,997,52610,915,50610,929,54010,985,55211,081,14511,156,82210,875,1529,449,3769,235,5909,274,4129,303,5149,260,8319,156,4209,148,8029,214,2389,133,6559,179,3989,180,7379,256,7659,175,2169,216,5439,270,6499,156,5419,146,0899,156,2839,167,9949,138,1648,676,6008,661,0188,617,8358,614,4718,607,8828,571,8898,467,2118,487,6858,348,8418,304,0018,351,0158,332,8498,040,3237,937,3217,867,1587,808,5737,093,8245,989,4045,817,4725,777,422000
       Property Plant Equipment 
0
0
0
5,620,188
0
5,818,008
0
7,607,912
0
7,771,291
0
8,068,413
0
8,060,801
0
8,265,640
0
8,282,372
0
8,426,782
0
8,447,234
0
8,923,262
0
8,907,337
0
8,884,598
0
8,765,654
0
8,776,711
0
8,725,058
0
8,747,376
0
8,664,822
0
8,711,332
0
8,638,616
0
9,673,135
0
9,583,462
0
9,511,245
0
9,513,441
0
9,575,848
0
9,591,113
0
9,626,805
0
9,749,639
0
9,990,817
9,990,81709,749,63909,626,80509,591,11309,575,84809,513,44109,511,24509,583,46209,673,13508,638,61608,711,33208,664,82208,747,37608,725,05808,776,71108,765,65408,884,59808,907,33708,923,26208,447,23408,426,78208,282,37208,265,64008,060,80108,068,41307,771,29107,607,91205,818,00805,620,188000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
275,034
0
0
0
231,415
0
232,000
0
231,694
0
232,000
0
286,955
0
286,000
0
285,355
285,3550286,0000286,9550232,0000231,6940232,0000231,415000275,0340000000000000000000000000000000000000000000
       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
258,888
0
281,132
0
2,381
0
2,510
0
303,891
0
292,906
0
372,446
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000372,4460292,9060303,89102,51002,3810281,1320258,8880000000000000000000000000000000
       Intangible Assets 
0
0
0
1,984
0
3,453
0
2,943
0
2,368
0
4,830
0
11,626
0
23,359
0
0
0
86,693
0
0
0
109,069
0
0
0
118,471
0
0
0
134,572
0
141,372
0
154,939
0
1,594
0
242,559
0
252,674
0
490,565
0
0
0
459,435
0
469,734
0
488,925
0
519,780
0
568,192
0
548,868
0
0
00548,8680568,1920519,7800488,9250469,7340459,435000490,5650252,6740242,55901,5940154,9390141,3720134,572000118,471000109,06900086,69300023,359011,62604,83002,36802,94303,45301,984000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
127,212
9,180,737
31,836
9,133,655
899
-58
329
12,078,820
140,463
9,274,412
51,394
9,449,376
103,372
11,156,822
113,083
10,985,552
141,464
10,915,506
112,613
10,968,857
131,277
11,182,866
180,261
11,492,110
145,380
0
0
0
0
0000145,38011,492,110180,26111,182,866131,27710,968,857112,61310,915,506141,46410,985,552113,08311,156,822103,3729,449,37651,3949,274,412140,46312,078,820329-588999,133,65531,8369,180,737127,2120000000000000000000000000000000
> Total Liabilities 
0
0
0
4,762,407
4,691,491
5,015,909
5,998,465
6,659,344
6,573,206
6,786,772
6,679,585
6,951,930
6,893,713
7,033,323
7,046,919
7,223,646
7,213,471
7,798,569
7,187,563
7,195,217
7,053,935
7,393,129
7,458,567
8,005,519
7,697,699
8,132,486
7,794,369
7,837,331
7,486,262
8,081,189
7,822,168
7,629,801
7,814,023
8,054,448
7,738,531
7,824,434
8,069,209
8,164,029
7,896,540
7,900,714
8,528,048
8,074,663
8,022,848
9,047,526
9,296,651
9,644,481
9,297,589
9,352,136
9,119,212
9,925,525
9,503,305
10,299,347
9,272,044
9,850,418
9,683,259
9,887,244
9,584,300
9,910,638
8,976,500
8,010,693
8,010,6938,976,5009,910,6389,584,3009,887,2449,683,2599,850,4189,272,04410,299,3479,503,3059,925,5259,119,2129,352,1369,297,5899,644,4819,296,6519,047,5268,022,8488,074,6638,528,0487,900,7147,896,5408,164,0298,069,2097,824,4347,738,5318,054,4487,814,0237,629,8017,822,1688,081,1897,486,2627,837,3317,794,3698,132,4867,697,6998,005,5197,458,5677,393,1297,053,9357,195,2177,187,5637,798,5697,213,4717,223,6467,046,9197,033,3236,893,7136,951,9306,679,5856,786,7726,573,2066,659,3445,998,4655,015,9094,691,4914,762,407000
   > Total Current Liabilities 
0
0
0
1,092,754
928,419
1,216,172
2,178,468
2,066,824
1,363,889
1,258,433
1,839,771
1,966,978
1,483,863
1,522,800
1,937,384
2,037,772
1,679,949
1,941,124
1,244,273
1,357,941
1,105,604
1,536,086
1,289,989
1,827,120
1,802,496
1,949,491
1,626,881
1,796,610
1,437,927
1,736,463
1,573,519
1,402,014
2,015,492
2,064,482
1,788,685
1,874,484
1,507,285
1,873,887
1,681,525
1,564,392
2,222,052
2,286,395
2,031,875
2,272,175
1,862,300
1,613,971
1,309,486
1,458,890
1,653,216
2,143,784
1,718,725
2,973,411
1,877,639
2,505,425
2,437,123
2,903,042
2,629,700
2,770,284
1,684,300
2,102,904
2,102,9041,684,3002,770,2842,629,7002,903,0422,437,1232,505,4251,877,6392,973,4111,718,7252,143,7841,653,2161,458,8901,309,4861,613,9711,862,3002,272,1752,031,8752,286,3952,222,0521,564,3921,681,5251,873,8871,507,2851,874,4841,788,6852,064,4822,015,4921,402,0141,573,5191,736,4631,437,9271,796,6101,626,8811,949,4911,802,4961,827,1201,289,9891,536,0861,105,6041,357,9411,244,2731,941,1241,679,9492,037,7721,937,3841,522,8001,483,8631,966,9781,839,7711,258,4331,363,8892,066,8242,178,4681,216,172928,4191,092,754000
       Short-term Debt 
0
0
0
176,840
0
0
0
1,839,677
0
0
0
971,283
0
1,246,741
0
1,057,992
0
933,647
0
245,268
0
428,245
0
844,057
0
577,103
0
648,156
0
545,654
0
384,044
5,208,502
1,588,893
5,383,731
824,497
50,820
1,328,619
0
562,328
0
1,006,188
0
1,194,335
0
380,704
0
214,973
0
601,064
0
1,399,790
0
434,995
0
729,382
0
535,040
0
589,626
589,6260535,0400729,3820434,99501,399,7900601,0640214,9730380,70401,194,33501,006,1880562,32801,328,61950,820824,4975,383,7311,588,8935,208,502384,0440545,6540648,1560577,1030844,0570428,2450245,2680933,64701,057,99201,246,7410971,2830001,839,677000176,840000
       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
5,413,706
5,208,502
5,472,774
5,383,731
7,319
50,820
4,155
0
562,328
0
1,006,188
0
1,194,335
0
380,704
0
214,973
0
601,064
0
1,391,722
0
434,995
0
721,845
0
535,040
0
0
00535,0400721,8450434,99501,391,7220601,0640214,9730380,70401,194,33501,006,1880562,32804,15550,8207,3195,383,7315,472,7745,208,5025,413,7060000000000000000000000000000000
       Accounts payable 
0
0
0
180,586
0
283,544
0
209,101
0
324,853
0
251,915
0
230,580
0
241,091
0
213,139
0
201,220
0
223,901
0
200,128
0
399,707
0
402,334
0
281,494
0
301,272
0
475,589
0
343,694
0
545,268
0
313,759
0
345,385
0
311,879
0
283,181
0
460,502
0
343,218
0
382,309
0
438,305
0
485,624
0
415,013
0
335,554
335,5540415,0130485,6240438,3050382,3090343,2180460,5020283,1810311,8790345,3850313,7590545,2680343,6940475,5890301,2720281,4940402,3340399,7070200,1280223,9010201,2200213,1390241,0910230,5800251,9150324,8530209,1010283,5440180,586000
       Other Current Liabilities 
0
0
0
708,222
928,419
932,628
2,178,468
18,006
1,363,889
933,580
1,839,771
722,329
1,483,863
28,816
1,937,384
731,076
1,679,949
730,143
1,244,273
888,676
1,105,604
804,367
1,289,989
762,819
1,802,496
892,875
1,626,881
739,844
1,437,927
833,590
1,573,519
702,652
2,015,492
906,573
1,788,685
695,434
1,507,285
9,156
1,681,525
684,820
2,222,052
872,482
2,031,875
742,387
1,862,300
882,765
1,309,486
758,454
1,653,216
1,127,385
1,718,725
1,191,312
1,877,639
1,632,125
2,437,123
1,688,036
0
1,820,231
0
1,106,363
1,106,36301,820,23101,688,0362,437,1231,632,1251,877,6391,191,3121,718,7251,127,3851,653,216758,4541,309,486882,7651,862,300742,3872,031,875872,4822,222,052684,8201,681,5259,1561,507,285695,4341,788,685906,5732,015,492702,6521,573,519833,5901,437,927739,8441,626,881892,8751,802,496762,8191,289,989804,3671,105,604888,6761,244,273730,1431,679,949731,0761,937,38428,8161,483,863722,3291,839,771933,5801,363,88918,0062,178,468932,628928,419708,222000
   > Long-term Liabilities 
0
0
0
3,669,653
3,763,072
3,799,737
3,819,997
4,592,520
5,209,317
5,528,339
4,839,814
4,984,952
5,409,850
5,510,523
5,109,535
5,185,874
5,533,522
5,857,445
5,943,290
5,837,276
5,948,331
5,857,043
6,168,578
6,178,399
5,895,203
6,182,995
6,167,488
6,040,721
6,048,335
6,344,726
6,248,649
6,227,787
5,798,531
5,989,966
5,949,846
5,949,950
6,561,924
6,290,142
6,215,015
6,336,322
6,305,996
5,788,268
5,990,973
6,775,351
7,434,351
8,030,510
7,988,103
7,893,246
7,465,996
7,781,741
7,784,580
7,325,936
7,394,405
7,344,993
7,246,136
6,984,202
6,954,600
7,140,354
7,292,200
5,907,789
5,907,7897,292,2007,140,3546,954,6006,984,2027,246,1367,344,9937,394,4057,325,9367,784,5807,781,7417,465,9967,893,2467,988,1038,030,5107,434,3516,775,3515,990,9735,788,2686,305,9966,336,3226,215,0156,290,1426,561,9245,949,9505,949,8465,989,9665,798,5316,227,7876,248,6496,344,7266,048,3356,040,7216,167,4886,182,9955,895,2036,178,3996,168,5785,857,0435,948,3315,837,2765,943,2905,857,4455,533,5225,185,8745,109,5355,510,5235,409,8504,984,9524,839,8145,528,3395,209,3174,592,5203,819,9973,799,7373,763,0723,669,653000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,198,125
616,769
1,308,622
612,898
11,127
11,146
11,786
963,292
1,303,211
845,932
1,382,231
769,945
1,442,372
621,654
1,511,228
1,196,889
1,404,371
898,087
1,424,344
884,312
1,408,228
1,089,568
1,439,139
1,060,101
1,474,657
0
0
0
0
00001,474,6571,060,1011,439,1391,089,5681,408,228884,3121,424,344898,0871,404,3711,196,8891,511,228621,6541,442,372769,9451,382,231845,9321,303,211963,29211,78611,14611,127612,8981,308,622616,7691,198,1250000000000000000000000000000000
       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
146
0
0
0
102
0
0
0
23,239
0
0
0
39,400
0
0
0
49,536
0
0
0
36,041
0
0
0
36,777
0
0
0
0
000036,77700036,04100049,53600039,40000023,2390001020001460000000000000000000000000000000
> Total Stockholder Equity
0
0
0
1,439,165
1,532,258
1,485,388
1,572,431
1,622,829
1,785,864
1,700,829
1,783,497
1,811,873
1,949,572
1,830,718
1,939,029
1,987,163
2,136,291
2,037,515
2,152,896
2,206,587
2,372,249
2,242,527
2,355,872
2,529,466
2,702,696
2,558,361
2,690,772
2,745,263
2,904,624
2,720,153
2,854,106
2,903,054
2,731,405
2,914,703
3,061,979
3,093,390
2,940,940
3,120,019
3,295,495
3,360,534
3,157,140
3,304,628
3,445,288
3,515,804
3,733,685
3,330,235
3,473,770
3,435,602
3,620,863
3,436,437
3,639,475
3,631,082
3,887,716
4,641,290
4,852,845
4,789,535
5,476,659
5,261,405
5,463,282
5,408,760
5,408,7605,463,2825,261,4055,476,6594,789,5354,852,8454,641,2903,887,7163,631,0823,639,4753,436,4373,620,8633,435,6023,473,7703,330,2353,733,6853,515,8043,445,2883,304,6283,157,1403,360,5343,295,4953,120,0192,940,9403,093,3903,061,9792,914,7032,731,4052,903,0542,854,1062,720,1532,904,6242,745,2632,690,7722,558,3612,702,6962,529,4662,355,8722,242,5272,372,2492,206,5872,152,8962,037,5152,136,2911,987,1631,939,0291,830,7181,949,5721,811,8731,783,4971,700,8291,785,8641,622,8291,572,4311,485,3881,532,2581,439,165000
   Common Stock
0
0
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
0
270,540
2,748,900
270,540
3,061,979
270,540
27,773
270,540
4,298,727
270,540
3,157,972
270,540
3,446,126
270,540
3,733,685
270,540
3,542,710
270,540
3,677,214
270,540
3,697,999
270,540
3,941,765
270,540
4,943,237
270,540
0
270,540
0
270,540
270,5400270,5400270,5404,943,237270,5403,941,765270,5403,697,999270,5403,677,214270,5403,542,710270,5403,733,685270,5403,446,126270,5403,157,972270,5404,298,727270,54027,773270,5403,061,979270,5402,748,900270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,5400270,540000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,545,291
0
5,017,161
0
5,157,716
5,157,71605,017,16104,545,2910000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
1,168,625
1,532,258
1,020,361
1,572,431
1,352,289
1,785,864
1,201,930
1,783,497
1,080,985
1,949,572
1,335,103
1,939,029
1,224,335
2,136,291
1,495,000
2,152,896
1,406,908
2,372,249
1,682,015
2,355,872
1,541,105
2,702,696
1,979,002
2,690,772
1,868,710
2,904,624
2,126,114
2,854,106
1,995,594
2,731,405
2,304,082
3,061,979
2,153,014
2,940,940
2,492,506
3,295,495
2,385,436
3,157,140
2,671,889
3,445,288
2,527,224
3,733,685
2,727,988
3,473,770
2,543,877
3,620,863
2,807,727
3,639,475
2,679,915
3,887,716
4,007,724
-90,392
-691,027
0
-380,635
0
-19,496
-19,4960-380,6350-691,027-90,3924,007,7243,887,7162,679,9153,639,4752,807,7273,620,8632,543,8773,473,7702,727,9883,733,6852,527,2243,445,2882,671,8893,157,1402,385,4363,295,4952,492,5062,940,9402,153,0143,061,9792,304,0822,731,4051,995,5942,854,1062,126,1142,904,6241,868,7102,690,7721,979,0022,702,6961,541,1052,355,8721,682,0152,372,2491,406,9082,152,8961,495,0002,136,2911,224,3351,939,0291,335,1031,949,5721,080,9851,783,4971,201,9301,785,8641,352,2891,572,4311,020,3611,532,2581,168,625000



Balance Sheet

All numbers in thousands.




Cash Flow

All numbers in thousands.




Income Statement

All numbers in thousands.


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

Gross Profit (+$)
totalRevenue2,064,071
Cost of Revenue-739,524
Gross Profit1,324,5471,324,547
 
Operating Income (+$)
Gross Profit1,324,547
Operating Expense-419,379
Operating Income905,168905,168
 
Operating Expense (+$)
Research Development6,510
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense419,3796,510
 
Net Interest Income (+$)
Interest Income-
Interest Expense-151,811
Other Finance Cost-151,811
Net Interest Income-
 
Pretax Income (+$)
Operating Income905,168
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)845,006965,330
EBIT - interestExpense = 753,357
880,093
841,451
Interest Expense151,811
Earnings Before Interest and Taxes (EBIT)905,168996,817
Earnings Before Interest and Taxes (EBITDA)1,442,685
 
After tax Income (+$)
Income Before Tax845,006
Tax Provision--
Net Income From Continuing Ops-845,006
Net Income689,640
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,158,903
Total Other Income/Expenses Net-60,1620
 

Technical Analysis of Red Electrica Corporacion SA ADR
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 Red Electrica Corporacion SA ADR. The general trend of Red Electrica Corporacion SA ADR is BULLISH with 100.0% 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 Red Electrica Corporacion SA ADR'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 (100.0%) Bearish trend (-100.0%)
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 Red Electrica Corporacion SA ADR.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 8.65 < 9.2176 < 9.4424.

The bearish price targets are: 8.432 > 8.428 > 8.4.

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Red Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-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 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

Red Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current macd is 0.14287543.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Red Electrica Corporacion SA ADR price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Red Electrica Corporacion SA ADR. 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 Red Electrica Corporacion SA ADR 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Red Electrica Corporacion SA ADR Daily Moving Average Convergence/Divergence (MACD) ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current adx is 22.68.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Red Electrica Corporacion SA ADR shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Red Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current sar is 8.33748024.

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
Red Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current rsi is 64.51. 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
Red Electrica Corporacion SA ADR Daily Relative Strength Index (RSI) ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Red Electrica Corporacion SA ADR price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Red Electrica Corporacion SA ADR Daily Stochastic Oscillator ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current cci is 105.67.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Red Electrica Corporacion SA ADR Daily Commodity Channel Index (CCI) ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current cmo is 34.70.

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
Red Electrica Corporacion SA ADR Daily Chande Momentum Oscillator (CMO) ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current willr is -10.625.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Red Electrica Corporacion SA ADR Daily Williams %R ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR.

Red Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current atr is 0.1114304.

Red Electrica Corporacion SA ADR Daily Average True Range (ATR) ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current obv is -1,139,441.

Red Electrica Corporacion SA ADR Daily On-Balance Volume (OBV) ChartRed Electrica Corporacion SA ADR 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 Red Electrica Corporacion SA ADR. The current mfi is 76.60.

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
Red Electrica Corporacion SA ADR Daily Money Flow Index (MFI) ChartRed Electrica Corporacion SA ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Red Electrica Corporacion SA ADR.

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

6.3. Candlestick Patterns

Red Electrica Corporacion SA ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Red Electrica Corporacion SA ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.515
Ma 20Greater thanMa 508.319
Ma 50Greater thanMa 1008.134
Ma 100Greater thanMa 2008.102
OpenGreater thanClose8.558
Total4/5 (80.0%)
Penke

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