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Redrow PLC
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Let's analyse Redrow PLC together

PenkeI guess you are interested in Redrow PLC. 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 Redrow PLC. 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 Redrow PLC (30 sec.)










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

How much money do you get?

How much money do you get?
p1.59
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
p612.51
Expected worth in 1 year
p671.17
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
p184.61
Return On Investment
27.7%

For what price can you sell your share?

Current Price per Share
p665.50
Expected price per share
p630.00 - p683.35
How sure are you?
50%

1. Valuation of Redrow PLC (5 min.)




Live pricePrice per Share (EOD)

p665.50

Intrinsic Value Per Share

p-167.10 - p628.66

Total Value Per Share

p445.41 - p1,241.17

2. Growth of Redrow PLC (5 min.)




Is Redrow PLC growing?

Current yearPrevious yearGrowGrow %
How rich?$2.5b$2.4b$63.9m2.5%

How much money is Redrow PLC making?

Current yearPrevious yearGrowGrow %
Making money$333.5m$248.5m$84.9m25.5%
Net Profit Margin4.7%9.2%--

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

3. Financial Health of Redrow PLC (5 min.)




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




  Industry Rankings (Residential Construction)  


Richest
#18 / 71

Most Revenue
#22 / 71

Most Profit
#11 / 71

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

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

What can you expect buying and holding a share of Redrow PLC?

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

Speculation

The Price per Share of Redrow PLC is p665.50. 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 Redrow PLC.
  • 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 Redrow PLC, 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 p612.51. Based on the TTM, the Book Value Change Per Share is p14.67 per quarter. Based on the YOY, the Book Value Change Per Share is p25.90 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 p31.49 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Redrow PLC.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 p% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Share
Usd Eps1.140.2%1.000.2%0.720.1%0.840.1%0.810.1%
Usd Book Value Change Per Share0.000.0%0.190.0%0.330.0%0.260.0%0.390.1%
Usd Dividend Per Share0.410.1%0.400.1%0.370.1%0.330.1%0.260.0%
Usd Total Gains Per Share0.410.1%0.580.1%0.690.1%0.590.1%0.650.1%
Usd Price Per Share5.56-5.78-6.18-6.35-5.98-
Price to Earnings Ratio4.89-6.12-8.53-8.59-8.20-
Price-to-Total Gains Ratio13.51-12.04-8.90-20.77-16.02-
Price to Book Ratio0.72-0.77-0.86-0.95-1.11-
Price-to-Total Gains Ratio13.51-12.04-8.90-20.77-16.02-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.397279
Number of shares119
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.400.33
Usd Book Value Change Per Share0.190.26
Usd Total Gains Per Share0.580.59
Gains per Quarter (119 shares)69.3070.08
Gains per Year (119 shares)277.19280.30
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
118988267159122270
2378176544317243550
3567264821476365830
475635210986344871110
594644013757936081390
6113552916529527301670
71324617192911108521950
81513705220612699742230
917027932483142710952510
1018918812760158612172790

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.00.00.0100.0%6.00.00.0100.0%9.00.00.0100.0%14.00.00.0100.0%37.02.00.094.9%
Book Value Change Per Share1.00.02.033.3%3.00.03.050.0%6.00.03.066.7%11.00.03.078.6%33.03.03.084.6%
Dividend per Share3.00.00.0100.0%6.00.00.0100.0%9.00.00.0100.0%14.00.00.0100.0%21.00.018.053.8%
Total Gains per Share3.00.00.0100.0%6.00.00.0100.0%9.00.00.0100.0%14.00.00.0100.0%36.03.00.092.3%

Fundamentals of Redrow PLC

About Redrow PLC

Redrow plc focuses on housebuilding activities in the United Kingdom. It is involved in acquires, develops, and resells land; develops and sells residential housing properties; and business park maintenance services. Redrow plc was founded in 1974 and is based in Flintshire, the United Kingdom.

Fundamental data was last updated by Penke on 2024-03-12 15:22:16.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is very efficient 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 just not 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Redrow PLC.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Redrow PLC earns for each 1 of revenue.

  • Above 10% is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • A Net Profit Margin of 0.0% means that 0.00 for each 1 in revenue is generated as profit.

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM4.7%-4.7%
TTM4.7%YOY9.2%-4.5%
TTM4.7%5Y9.1%-4.4%
5Y9.1%10Y11.0%-1.9%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM4.7%8.2%-3.5%
YOY9.2%9.5%-0.3%
5Y9.1%9.0%+0.1%
10Y11.0%8.2%+2.8%
1.1.2. Return on Assets

Shows how efficient Redrow PLC is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • 9.7% Return on Assets means that Redrow PLC generated 0.10 profit for each $1 in assets.

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

  • The MRQ is 9.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 8.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.7%TTM8.5%+1.2%
TTM8.5%YOY6.2%+2.3%
TTM8.5%5Y7.8%+0.7%
5Y7.8%10Y8.7%-0.9%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ9.7%2.2%+7.5%
TTM8.5%2.4%+6.1%
YOY6.2%3.2%+3.0%
5Y7.8%2.6%+5.2%
10Y8.7%2.0%+6.7%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • 14.7% Return on Equity means Redrow PLC generated 0.15 for each 1 the owners (shareholders) invested.

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

  • The MRQ is 14.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.7%TTM13.2%+1.5%
TTM13.2%YOY10.1%+3.1%
TTM13.2%5Y12.4%+0.8%
5Y12.4%10Y14.7%-2.3%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ14.7%3.9%+10.8%
TTM13.2%4.3%+8.9%
YOY10.1%6.2%+3.9%
5Y12.4%5.5%+6.9%
10Y14.7%4.2%+10.5%

1.2. Operating Efficiency of Redrow PLC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Redrow PLC is operating .

  • Measures how much profit Redrow PLC 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 Redrow PLC to the Residential Construction industry mean.
  • An Operating Margin of 0.0% means the company generated 0.00  for each 1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.3%-6.3%
TTM6.3%YOY11.7%-5.4%
TTM6.3%5Y12.0%-5.7%
5Y12.0%10Y14.4%-2.5%
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.9%-10.9%
TTM6.3%10.6%-4.3%
YOY11.7%14.1%-2.4%
5Y12.0%11.3%+0.7%
10Y14.4%9.6%+4.8%
1.2.2. Operating Ratio

Measures how efficient Redrow PLC is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Residential Construction industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are 0.00 for each 1 in net sales.

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

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.271-0.271
TTM0.271YOY0.883-0.612
TTM0.2715Y0.648-0.377
5Y0.64810Y0.707-0.060
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.907-0.907
TTM0.2710.899-0.628
YOY0.8830.876+0.007
5Y0.6480.900-0.252
10Y0.7070.924-0.217

1.3. Liquidity of Redrow PLC.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Residential Construction industry mean).
  • A Current Ratio of 3.52 means the company has 3.52 in assets for each 1 in short-term debts.

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

  • The MRQ is 3.523. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.374. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.523TTM3.374+0.148
TTM3.374YOY3.077+0.297
TTM3.3745Y3.381-0.007
5Y3.38110Y3.313+0.068
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5233.5230.000
TTM3.3743.681-0.307
YOY3.0773.518-0.441
5Y3.3813.756-0.375
10Y3.3133.368-0.055
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • A Quick Ratio of 0.04 means the company can pay off 0.04 for each 1 in debt (using most liquid assets).

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

  • The MRQ is 0.043. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.144. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.043TTM0.144-0.102
TTM0.144YOY0.361-0.217
TTM0.1445Y0.223-0.078
5Y0.22310Y0.179+0.044
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0430.793-0.750
TTM0.1440.788-0.644
YOY0.3610.701-0.340
5Y0.2230.794-0.571
10Y0.1790.751-0.572

1.4. Solvency of Redrow PLC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Redrow PLC assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Redrow PLC to Residential Construction industry mean.
  • A Debt to Asset Ratio of 0.34 means that Redrow PLC assets are financed with 34.3% credit (debt) and the remaining percentage (100% - 34.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.343. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.358. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.343TTM0.358-0.014
TTM0.358YOY0.386-0.028
TTM0.3585Y0.371-0.014
5Y0.37110Y0.401-0.030
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3430.405-0.062
TTM0.3580.406-0.048
YOY0.3860.466-0.080
5Y0.3710.451-0.080
10Y0.4010.469-0.068
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Redrow PLC to the Residential Construction industry mean.
  • A Debt to Equity ratio of 52.3% means that company has 0.52 debt for each 1 in shareholders equity.

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

  • The MRQ is 0.523. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.559. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.559-0.035
TTM0.559YOY0.629-0.071
TTM0.5595Y0.594-0.035
5Y0.59410Y0.684-0.090
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5230.653-0.130
TTM0.5590.679-0.120
YOY0.6290.845-0.216
5Y0.5940.818-0.224
10Y0.6840.956-0.272

2. Market Valuation of Redrow PLC

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 Redrow PLC generates.

  • Above 15 is considered overpriced but always compare Redrow PLC to the Residential Construction industry mean.
  • A PE ratio of 4.89 means the investor is paying 4.89 for every 1 in earnings.

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

  • The EOD is 7.387. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.895. Based on the earnings, the company is cheap. +2
  • The TTM is 6.116. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.387MRQ4.895+2.492
MRQ4.895TTM6.116-1.221
TTM6.116YOY8.528-2.412
TTM6.1165Y8.588-2.472
5Y8.58810Y8.204+0.384
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
EOD7.3878.914-1.527
MRQ4.8958.044-3.149
TTM6.1167.162-1.046
YOY8.5288.389+0.139
5Y8.5889.714-1.126
10Y8.20411.020-2.816
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 14.294. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.472. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.502. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD14.294MRQ9.472+4.822
MRQ9.472TTM8.502+0.970
TTM8.502YOY6.537+1.965
TTM8.5025Y3.634+4.868
5Y3.63410Y7.779-4.145
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
EOD14.2941.198+13.096
MRQ9.4721.833+7.639
TTM8.5021.746+6.756
YOY6.5374.796+1.741
5Y3.6342.318+1.316
10Y7.7792.173+5.606
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Residential Construction industry mean).
  • A PB ratio of 0.72 means the investor is paying 0.72 for each 1 in book value.

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

  • The EOD is 1.087. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.720. Based on the equity, the company is cheap. +2
  • The TTM is 0.768. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.087MRQ0.720+0.367
MRQ0.720TTM0.768-0.048
TTM0.768YOY0.862-0.093
TTM0.7685Y0.955-0.186
5Y0.95510Y1.114-0.160
Compared to industry (Residential Construction)
PeriodCompanyIndustry (mean)+/- 
EOD1.0871.206-0.119
MRQ0.7201.038-0.318
TTM0.7680.968-0.200
YOY0.8621.001-0.139
5Y0.9551.224-0.269
10Y1.1141.266-0.152
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Redrow PLC 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---14.666-100%25.904-100%20.262-100%31.243-100%
Book Value Per Share--612.510597.845+2%568.513+8%535.055+14%453.040+35%
Current Ratio--3.5233.374+4%3.077+14%3.381+4%3.313+6%
Debt To Asset Ratio--0.3430.358-4%0.386-11%0.371-8%0.401-14%
Debt To Equity Ratio--0.5230.559-6%0.629-17%0.594-12%0.684-23%
Dividend Per Share--32.65131.486+4%29.155+12%26.407+24%20.500+59%
Eps--90.09379.207+14%57.434+57%66.502+35%63.946+41%
Free Cash Flow Per Share--46.55856.014-17%74.927-38%45.522+2%36.367+28%
Free Cash Flow To Equity Per Share---17.2330.854-2118%37.026-147%5.552-410%4.223-508%
Gross Profit Margin--1.0001.0000%0.995+1%0.999+0%0.999+0%
Intrinsic Value_10Y_max--628.663--------
Intrinsic Value_10Y_min---167.099--------
Intrinsic Value_1Y_max--68.388--------
Intrinsic Value_1Y_min--23.212--------
Intrinsic Value_3Y_max--201.369--------
Intrinsic Value_3Y_min--35.549--------
Intrinsic Value_5Y_max--329.398--------
Intrinsic Value_5Y_min--10.315--------
Market Cap220127424352.000+34%145869562944.000153452641962.667-5%168001400000.000-13%173483391765.333-16%163645310909.964-11%
Net Profit Margin---0.047-100%0.092-100%0.091-100%0.110-100%
Operating Margin---0.063-100%0.117-100%0.120-100%0.144-100%
Operating Ratio---0.271-100%0.883-100%0.648-100%0.707-100%
Pb Ratio1.087+34%0.7200.768-6%0.862-16%0.955-25%1.114-35%
Pe Ratio7.387+34%4.8956.116-20%8.528-43%8.588-43%8.204-40%
Price Per Share665.500+34%441.000457.867-4%489.800-10%503.311-12%474.236-7%
Price To Free Cash Flow Ratio14.294+34%9.4728.502+11%6.537+45%3.634+161%7.779+22%
Price To Total Gains Ratio20.382+34%13.50612.041+12%8.896+52%20.767-35%16.017-16%
Quick Ratio--0.0430.144-70%0.361-88%0.223-81%0.179-76%
Return On Assets--0.0970.085+14%0.062+56%0.078+23%0.087+11%
Return On Equity--0.1470.132+12%0.101+46%0.124+19%0.1470%
Total Gains Per Share--32.65146.151-29%55.059-41%46.669-30%51.743-37%
Usd Book Value--2556406800.0002524441200.000+1%2460510000.000+4%2317926600.000+10%1965947490.000+30%
Usd Book Value Change Per Share---0.185-100%0.327-100%0.256-100%0.394-100%
Usd Book Value Per Share--7.7297.544+2%7.173+8%6.751+14%5.716+35%
Usd Dividend Per Share--0.4120.397+4%0.368+12%0.333+24%0.259+59%
Usd Eps--1.1370.999+14%0.725+57%0.839+35%0.807+41%
Usd Free Cash Flow--194317200.000237639000.000-18%324282600.000-40%196560400.000-1%157265344.286+24%
Usd Free Cash Flow Per Share--0.5870.707-17%0.945-38%0.574+2%0.459+28%
Usd Free Cash Flow To Equity Per Share---0.2170.011-2118%0.467-147%0.070-410%0.053-508%
Usd Market Cap2777567840.474+34%1840582145.2271936265436.285-5%2119841665.200-13%2189013437.295-16%2064876533.062-11%
Usd Price Per Share8.397+34%5.5655.777-4%6.180-10%6.351-12%5.984-7%
Usd Profit--376016400.000333535800.000+13%248574600.000+51%287830600.000+31%277478832.857+36%
Usd Revenue---894616200.000-100%2700252000.000-100%1813487000.000-100%1794595050.000-100%
Usd Total Gains Per Share--0.4120.582-29%0.695-41%0.589-30%0.653-37%
 EOD+4 -4MRQTTM+18 -17YOY+19 -175Y+20 -1610Y+20 -16

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.387
Price to Book Ratio (EOD)Between0-11.087
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.043
Current Ratio (MRQ)Greater than13.523
Debt to Asset Ratio (MRQ)Less than10.343
Debt to Equity Ratio (MRQ)Less than10.523
Return on Equity (MRQ)Greater than0.150.147
Return on Assets (MRQ)Greater than0.050.097
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.869
Ma 20Greater thanMa 50660.900
Ma 50Greater thanMa 100645.080
Ma 100Greater thanMa 200605.574
OpenGreater thanClose665.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-07-02. Currency in GBP. All numbers in thousands.

Summary
 As reported
Total Liabilities 0
Total Stockholder Equity+ 0
Total Assets = 0

Assets

Total Assets0
Total Current Assets3,047,000
Long-term Assets0
Total Current Assets
Net Receivables 37,000
Inventory 2,770,000
Total Current Assets  (as reported)3,047,000
Total Current Assets  (calculated)2,807,000
+/- 240,000
Long-term Assets
Property Plant Equipment 32,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)32,000
+/- 32,000

Liabilities & Shareholders' Equity

Total Current Liabilities865,000
Long-term Liabilities0
Total Stockholder Equity0
Total Current Liabilities
Accounts payable 400,000
Other Current Liabilities 353,000
Total Current Liabilities  (as reported)865,000
Total Current Liabilities  (calculated)753,000
+/- 112,000
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock35,000
Other Stockholders Equity 10,000
Total Stockholder Equity (as reported)0
Total Stockholder Equity (calculated)45,000
+/- 45,000
Other
Net Tangible Assets 2,025,000
Net Working Capital 2,182,000



Balance Sheet

Currency in GBP. All numbers in thousands.

 Trend2023-07-022023-06-302022-07-032022-06-302021-06-302021-06-272020-06-302020-06-282019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-301997-06-301996-06-301995-06-301994-06-301993-06-301992-06-301991-06-301990-06-301989-06-30
> Total Assets 
72,099
81,812
99,298
96,772
116,072
181,716
200,827
206,603
255,387
293,393
328,948
390,530
445,900
523,300
614,900
750,500
832,700
932,400
1,073,300
996,200
704,300
679,300
751,700
875,200
1,048,000
1,302,100
1,644,000
2,046,000
2,201,000
2,407,000
2,604,000
2,734,000
2,734,000
2,840,000
2,840,000
3,177,000
0
3,086,000
0
03,086,00003,177,0002,840,0002,840,0002,734,0002,734,0002,604,0002,407,0002,201,0002,046,0001,644,0001,302,1001,048,000875,200751,700679,300704,300996,2001,073,300932,400832,700750,500614,900523,300445,900390,530328,948293,393255,387206,603200,827181,716116,07296,77299,29881,81272,099
   > Total Current Assets 
67,894
72,174
83,506
83,083
99,753
175,846
193,560
199,618
248,161
282,380
317,840
377,405
432,000
507,400
596,200
726,200
797,200
899,800
1,030,500
932,800
597,700
573,800
632,900
772,800
960,400
1,255,500
1,595,000
1,979,000
2,140,000
2,350,000
2,549,000
2,674,000
2,674,000
2,774,000
2,774,000
3,111,000
3,111,000
3,047,000
3,047,000
3,047,0003,047,0003,111,0003,111,0002,774,0002,774,0002,674,0002,674,0002,549,0002,350,0002,140,0001,979,0001,595,0001,255,500960,400772,800632,900573,800597,700932,8001,030,500899,800797,200726,200596,200507,400432,000377,405317,840282,380248,161199,618193,560175,84699,75383,08383,50672,17467,894
       Cash And Cash Equivalents 
1,076
1,076
1,746
4,975
6,405
20,594
6,597
13,301
14,158
0
7,459
1,932
8,000
1,000
6,200
1,200
23,700
24,500
12,200
127,100
17,500
21,900
32,000
37,400
39,000
54,800
56,000
135,000
62,000
90,000
204,000
44,000
44,000
160,000
160,000
288,000
0
235,000
0
0235,0000288,000160,000160,00044,00044,000204,00090,00062,000135,00056,00054,80039,00037,40032,00021,90017,500127,10012,20024,50023,7001,2006,2001,0008,0001,9327,459014,15813,3016,59720,5946,4054,9751,7461,0761,076
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
5,349
0
0
0
0
0
200
1,100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000001,100200000005,34900000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
7,742
5,205
5,200
10,100
10,600
10,900
23,500
24,600
45,500
11,000
8,700
34,400
25,000
23,300
36,700
35,000
11,000
31,000
37,000
47,000
40,000
40,000
97,000
97,000
77,000
77,000
37,000
37,000
37,00037,00077,00077,00097,00097,00040,00040,00047,00037,00031,00011,00035,00036,70023,30025,00034,4008,70011,00045,50024,60023,50010,90010,60010,1005,2005,2057,74200000000000
       Inventory 
64,244
68,057
79,182
72,372
87,453
149,209
182,026
183,844
229,128
274,735
306,070
361,648
417,100
496,800
579,000
713,400
761,000
849,600
988,700
755,900
566,300
539,700
562,700
708,200
895,500
1,157,200
1,500,000
1,808,000
2,043,000
2,218,000
2,297,000
2,585,000
2,585,000
2,513,000
2,513,000
2,740,000
2,740,000
2,770,000
2,770,000
2,770,0002,770,0002,740,0002,740,0002,513,0002,513,0002,585,0002,585,0002,297,0002,218,0002,043,0001,808,0001,500,0001,157,200895,500708,200562,700539,700566,300755,900988,700849,600761,000713,400579,000496,800417,100361,648306,070274,735229,128183,844182,026149,20987,45372,37279,18268,05764,244
   > Long-term Assets 
4,205
9,638
15,792
13,689
16,319
5,870
7,267
6,985
7,226
11,013
11,108
13,125
13,900
15,900
18,700
24,300
35,500
32,600
42,800
63,400
106,600
105,500
118,800
102,400
87,600
46,600
49,000
67,000
61,000
57,000
55,000
0
60,000
0
66,000
66,000
0
39,000
0
039,000066,00066,000060,000055,00057,00061,00067,00049,00046,60087,600102,400118,800105,500106,60063,40042,80032,60035,50024,30018,70015,90013,90013,12511,10811,0137,2266,9857,2675,87016,31913,68915,7929,6384,205
       Property Plant Equipment 
4,114
9,082
15,736
13,642
15,078
5,702
7,104
6,891
7,132
10,919
11,038
13,080
13,828
15,800
16,500
22,500
24,300
23,800
24,600
22,700
14,500
14,600
12,900
12,100
11,200
11,000
12,000
17,000
16,000
15,000
16,000
26,000
26,000
25,000
25,000
25,000
25,000
32,000
32,000
32,00032,00025,00025,00025,00025,00026,00026,00016,00015,00016,00017,00012,00011,00011,20012,10012,90014,60014,50022,70024,60023,80024,30022,50016,50015,80013,82813,08011,03810,9197,1326,8917,1045,70215,07813,64215,7369,0824,114
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,500
1,500
1,500
1,500
1,500
1,000
1,000
1,000
1,000
1,000
1,000
1,000
0
0
0
0
0
0
0000001,0001,0001,0001,0001,0001,0001,0001,5001,5001,5001,5001,500000000000000000000000
       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
11,000
17,000
25,000
27,000
6,000
6,000
0
0
0
0
0
0
0
0
000000006,0006,00027,00025,00017,00011,0000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
200
400
300
400
300
1,800
1,700
300
400
500
1,000
1,000
1,000
1,000
1,000
1,000
2,000
0
0
1,000
0
1,000
0
01,00001,000002,0001,0001,0001,0001,0001,0001,0005004003001,7001,8003004003004002000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
400
0
0
5,800
13,600
38,300
85,800
84,600
100,200
77,800
61,200
22,800
18,000
23,000
16,000
34,000
31,000
23,000
0
41,000
0
0
40,000
0
6,000
6,000040,0000041,000023,00031,00034,00016,00023,00018,00022,80061,20077,800100,20084,60085,80038,30013,6005,8000040000000000000000
> Total Liabilities 
49,831
51,135
60,984
51,927
63,446
66,234
68,477
62,686
93,556
105,404
109,630
131,291
258,800
284,700
312,900
373,900
380,200
418,600
495,500
591,600
410,800
243,400
293,100
313,700
438,800
606,400
795,000
1,029,000
966,000
924,000
1,019,000
1,108,000
1,108,000
968,000
968,000
1,227,000
0
1,060,000
0
01,060,00001,227,000968,000968,0001,108,0001,108,0001,019,000924,000966,0001,029,000795,000606,400438,800313,700293,100243,400410,800591,600495,500418,600380,200373,900312,900284,700258,800131,291109,630105,40493,55662,68668,47766,23463,44651,92760,98451,13549,831
   > Total Current Liabilities 
43,358
39,682
47,684
36,875
39,541
55,841
59,362
54,327
81,396
93,111
105,398
126,522
136,300
214,800
174,500
235,600
217,400
230,600
270,600
226,700
208,300
162,600
185,900
231,600
298,500
359,800
550,000
634,000
666,000
727,000
760,000
805,000
805,000
767,000
767,000
1,011,000
1,011,000
865,000
865,000
865,000865,0001,011,0001,011,000767,000767,000805,000805,000760,000727,000666,000634,000550,000359,800298,500231,600185,900162,600208,300226,700270,600230,600217,400235,600174,500214,800136,300126,522105,39893,11181,39654,32759,36255,84139,54136,87547,68439,68243,358
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
5,349
0
0
0
0
0
0
0
0
0
0
0
0
0
227,000
210,000
44,000
45,000
22,000
0
0
188,000
0
148,000
291,000
0
178,000
0
0178,0000291,000148,0000188,0000022,00045,00044,000210,000227,00000000000000005,34900000000000
       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
227,000
210,000
44,000
45,000
22,000
0
0
0
0
0
0
0
0
0
00000000022,00045,00044,000210,000227,0000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
82,337
91,392
123,500
129,300
158,200
108,200
110,000
121,800
111,000
86,000
90,100
88,400
109,400
130,200
156,000
221,000
286,000
289,000
336,000
726,000
311,000
311,000
362,000
362,000
385,000
385,000
400,000
400,000
400,000400,000385,000385,000362,000362,000311,000311,000726,000336,000289,000286,000221,000156,000130,200109,40088,40090,10086,000111,000121,800110,000108,200158,200129,300123,50091,39282,33700000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
30,694
33,752
37,200
41,500
50,200
96,600
97,800
128,700
102,800
55,400
53,500
75,100
100,800
133,300
151,400
206,000
322,000
260,000
369,000
34,000
402,000
306,000
298,000
257,000
335,000
526,000
279,000
353,000
353,000279,000526,000335,000257,000298,000306,000402,00034,000369,000260,000322,000206,000151,400133,300100,80075,10053,50055,400102,800128,70097,80096,60050,20041,50037,20033,75230,69400000000000
   > Long-term Liabilities 
6,473
11,453
13,300
15,052
23,905
10,393
9,115
8,359
12,160
12,293
4,232
4,769
122,500
69,900
138,400
138,300
162,800
188,000
224,900
364,900
202,500
80,800
107,200
82,100
140,300
246,600
245,000
395,000
300,000
197,000
259,000
0
303,000
0
201,000
216,000
0
195,000
0
0195,0000216,000201,0000303,0000259,000197,000300,000395,000245,000246,600140,30082,100107,20080,800202,500364,900224,900188,000162,800138,300138,40069,900122,5004,7694,23212,29312,1608,3599,11510,39323,90515,05213,30011,4536,473
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
4,758
13,355
29,900
43,800
31,900
54,500
54,900
52,200
26,400
35,900
30,200
20,400
51,400
44,800
71,100
95,000
165,000
210,000
192,000
179,000
129,000
0
199,000
0
0
212,000
0
189,000
189,0000212,00000199,0000129,000179,000192,000210,000165,00095,00071,10044,80051,40020,40030,20035,90026,40052,20054,90054,50031,90043,80029,90013,3554,75800000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
259,239
187,081
238,600
301,300
376,600
459,000
513,800
577,800
404,600
293,500
435,900
458,600
561,500
609,200
695,700
849,000
1,017,000
1,235,000
1,483,000
1,585,000
1,626,000
1,626,000
1,872,000
1,872,000
1,950,000
0
2,026,000
0
02,026,00001,950,0001,872,0001,872,0001,626,0001,626,0001,585,0001,483,0001,235,0001,017,000849,000695,700609,200561,500458,600435,900293,500404,600577,800513,800459,000376,600301,300238,600187,081259,23900000000000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
22,530
15,799
15,800
15,900
15,900
15,900
16,000
16,000
16,000
16,000
30,900
30,900
37,000
37,000
37,000
37,000
37,000
37,000
37,000
37,000
37,000
37,000
37,000
37,000
37,000
37,000
35,000
35,000
35,00035,00037,00037,00037,00037,00037,00037,00037,00037,00037,00037,00037,00037,00037,00037,00030,90030,90016,00016,00016,00016,00015,90015,90015,90015,80015,79922,53000000000000
   Retained Earnings Total Equity000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
-1,734
-2,194
-2,726
-3,368
-4,152
-4,700
-5,400
-6,500
-7,500
-8,400
-8,500
-8,700
-8,700
-8,400
-9,000
-9,100
-10,300
-11,200
-12,000
-10,000
-10,000
-12,000
-14,000
-17,000
0
7,000
0
7,000
8,000
0
10,000
0
010,00008,0007,00007,0000-17,000-14,000-12,000-10,000-10,000-12,000-11,200-10,300-9,100-9,000-8,400-8,700-8,700-8,500-8,400-7,500-6,500-5,400-4,700-4,152-3,368-2,726-2,194-1,7340000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,000
59,000
59,000
59,000
0
59,000
0
0
0
0
0
0000059,000059,00059,00059,00059,0000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,000
8,000
8,000
79,000
81,000
67,000
8,000
59,000
8,000
59,000
59,000
8,000
59,000
10,000
10,00059,0008,00059,00059,0008,00059,0008,00067,00081,00079,0008,0008,0008,0000000000000000000000000000



Balance Sheet

Currency in GBP. All numbers in thousands.




Cash Flow

Currency in GBP. All numbers in thousands.




Income Statement

Currency in GBP. All numbers in thousands.


Latest Income Statement (annual, 2023-07-02)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense00
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income0
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)00
EBIT - interestExpense = 399,000
97,000
0
Interest Expense0
Earnings Before Interest and Taxes (EBIT)399,0000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax0
Tax Provision-0
Net Income From Continuing Ops00
Net Income0
Net Income Applicable To Common Shares298,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Redrow PLC
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 Redrow PLC. The general trend of Redrow PLC 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 Redrow PLC'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 Redrow PLC.

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: 664.00 < 679.00 < 683.35.

The bearish price targets are: 646.50 > 645.00 > 630.00.

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Redrow PLC 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 Redrow PLC. 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

Redrow PLC 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 Redrow PLC. The current macd is 4.45537975.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 Redrow PLC price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Redrow PLC. 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 Redrow PLC 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
Redrow PLC Daily Moving Average Convergence/Divergence (MACD) ChartRedrow PLC 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 Redrow PLC. The current adx is 11.72.

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 Redrow PLC 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
Redrow PLC 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 Redrow PLC. The current sar is 647.00.

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
Redrow PLC 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 Redrow PLC. The current rsi is 54.87. The current phase is Continuation in bull market.

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

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

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Redrow PLC price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Redrow PLC Daily Stochastic Oscillator ChartRedrow PLC 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 Redrow PLC. The current cci is 138.54.

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
Redrow PLC Daily Commodity Channel Index (CCI) ChartRedrow PLC 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 Redrow PLC. The current cmo is 9.69636917.

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
Redrow PLC Daily Chande Momentum Oscillator (CMO) ChartRedrow PLC 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 Redrow PLC. The current willr is -39.70588235.

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

Redrow PLC 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 Redrow PLC. The current atr is 18.34.

Redrow PLC Daily Average True Range (ATR) ChartRedrow PLC 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 Redrow PLC. The current obv is 33,306,480.

Redrow PLC Daily On-Balance Volume (OBV) ChartRedrow PLC 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 Redrow PLC. The current mfi is 55.09.

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
Redrow PLC Daily Money Flow Index (MFI) ChartRedrow PLC Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Redrow PLC.

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

6.3. Candlestick Patterns

Redrow PLC Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.869
Ma 20Greater thanMa 50660.900
Ma 50Greater thanMa 100645.080
Ma 100Greater thanMa 200605.574
OpenGreater thanClose665.000
Total4/5 (80.0%)
Penke

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