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Readly International AB
Buy, Hold or Sell?

Let's analyse Readly International AB together

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

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

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

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Quick analysis of Readly International AB (30 sec.)










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

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
5.9%

What is your share worth?

Current worth
kr0.92
Expected worth in 1 year
kr-0.56
How sure are you?
11.8%

+ What do you gain per year?

Total Gains per Share
kr-1.45
Return On Investment
-10.2%

For what price can you sell your share?

Current Price per Share
kr14.30
Expected price per share
kr13.34 - kr14.50
How sure are you?
50%

1. Valuation of Readly International AB (5 min.)




Live pricePrice per Share (EOD)

kr14.30

Intrinsic Value Per Share

kr33.59 - kr41.80

Total Value Per Share

kr34.51 - kr42.71

2. Growth of Readly International AB (5 min.)




Is Readly International AB growing?

Current yearPrevious yearGrowGrow %
How rich?$3.2m$11.7m-$7.6m-184.6%

How much money is Readly International AB making?

Current yearPrevious yearGrowGrow %
Making money-$1.2m-$2.8m$1.5m118.2%
Net Profit Margin-8.4%-20.9%--

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

3. Financial Health of Readly International AB (5 min.)




4. Comparing to competitors in the Internet Content & Information industry (5 min.)




  Industry Rankings (Internet Content & Information)  


Richest
#119 / 146

Most Revenue
#105 / 146

Most Profit
#85 / 146

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

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

What can you expect buying and holding a share of Readly International AB?

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

Speculation

The Price per Share of Readly International AB is kr14.30. 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 Readly International AB.
  • 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 Readly International AB, 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 kr0.92. Based on the TTM, the Book Value Change Per Share is kr-0.37 per quarter. Based on the YOY, the Book Value Change Per Share is kr-0.73 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Readly International AB.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.000.0%-0.01-0.1%-0.07-0.5%-0.09-0.6%-0.09-0.6%
Usd Book Value Change Per Share0.000.0%-0.03-0.2%-0.07-0.5%0.010.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%-0.03-0.2%-0.07-0.5%0.010.0%0.010.0%
Usd Price Per Share1.32-1.34-0.76-1.94-1.94-
Price to Earnings Ratio74.10--4.15--2.75--4.44--4.44-
Price-to-Total Gains Ratio-274.50--99.95--12.10--45.45--45.45-
Price to Book Ratio15.32-12.87-2.67-5.48-5.48-
Price-to-Total Gains Ratio-274.50--99.95--12.10--45.45--45.45-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.3442
Number of shares743
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.030.01
Usd Total Gains Per Share-0.030.01
Gains per Quarter (743 shares)-25.383.84
Gains per Year (743 shares)-101.5215.37
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-103-1120155
23-206-21413020
34-309-31614535
46-412-41816050
57-515-52027565
68-618-62229080
710-720-724210595
811-823-8263120110
913-926-9283135125
1014-1029-10303150140

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%1.011.00.08.3%1.016.00.05.9%1.016.00.05.9%1.016.00.05.9%
Book Value Change Per Share0.04.00.00.0%0.012.00.00.0%2.014.01.011.8%2.014.01.011.8%2.014.01.011.8%
Dividend per Share1.00.03.025.0%1.00.011.08.3%1.00.016.05.9%1.00.016.05.9%1.00.016.05.9%
Total Gains per Share0.04.00.00.0%0.012.00.00.0%2.014.01.011.8%2.014.01.011.8%2.014.01.011.8%

Fundamentals of Readly International AB

About Readly International AB

Readly International AB (publ) operates an application that offers digital subscription services for magazines and daily newspapers in Sweden, Germany, the United Kingdom, France and internationally. It offers titles from publishers in languages in countries. The company provides unlimited access to national and international magazines and newspapers to its customers. It distributes issues of magazines and newspaper that have been read. Readly International AB (publ) was incorporated in 2012 and is headquartered in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2024-03-12 15:25:08.

Financial Health

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

Valuation

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

1.1. Profitability of Readly International AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Readly International AB earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Readly International AB to the Internet Content & Information industry mean.
  • A Net Profit Margin of 1.1% means that kr0.01 for each kr1 in revenue is generated as profit.

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

  • The MRQ is 1.1%. The company is making a profit. +1
  • The TTM is -8.4%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM-8.4%+9.5%
TTM-8.4%YOY-20.9%+12.4%
TTM-8.4%5Y-35.4%+27.0%
5Y-35.4%10Y-35.4%0.0%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%1.5%-0.4%
TTM-8.4%0.3%-8.7%
YOY-20.9%3.0%-23.9%
5Y-35.4%-0.9%-34.5%
10Y-35.4%-2.6%-32.8%
1.1.2. Return on Assets

Shows how efficient Readly International AB is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Readly International AB to the Internet Content & Information industry mean.
  • 0.6% Return on Assets means that Readly International AB generated kr0.01 profit for each $1 in assets.

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

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -4.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.6%TTM-4.2%+4.8%
TTM-4.2%YOY-6.8%+2.7%
TTM-4.2%5Y-10.7%+6.5%
5Y-10.7%10Y-10.7%0.0%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%0.5%+0.1%
TTM-4.2%-0.1%-4.1%
YOY-6.8%0.4%-7.2%
5Y-10.7%0.2%-10.9%
10Y-10.7%-0.3%-10.4%
1.1.3. Return on Equity

Shows how efficient Readly International AB is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Readly International AB to the Internet Content & Information industry mean.
  • 5.2% Return on Equity means Readly International AB generated kr0.05 for each kr1 the owners (shareholders) invested.

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

  • The MRQ is 5.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is -26.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ5.2%TTM-26.3%+31.6%
TTM-26.3%YOY-24.3%-2.1%
TTM-26.3%5Y-36.9%+10.6%
5Y-36.9%10Y-36.9%0.0%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%1.0%+4.2%
TTM-26.3%0.7%-27.0%
YOY-24.3%1.1%-25.4%
5Y-36.9%0.8%-37.7%
10Y-36.9%0.7%-37.6%

1.2. Operating Efficiency of Readly International AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Readly International AB is operating .

  • Measures how much profit Readly International AB makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Readly International AB to the Internet Content & Information industry mean.
  • An Operating Margin of 1.7% means the company generated kr0.02  for each kr1 in revenue (before taxes).

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

  • The MRQ is 1.7%. The company is operating less efficient.
  • The TTM is -8.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ1.7%TTM-8.9%+10.6%
TTM-8.9%YOY-20.9%+12.1%
TTM-8.9%5Y-31.6%+22.8%
5Y-31.6%10Y-31.6%0.0%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%2.8%-1.1%
TTM-8.9%1.7%-10.6%
YOY-20.9%1.6%-22.5%
5Y-31.6%0.7%-32.3%
10Y-31.6%-0.2%-31.4%
1.2.2. Operating Ratio

Measures how efficient Readly International AB is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Internet Content & Information industry mean).
  • An Operation Ratio of 0.98 means that the operating costs are kr0.98 for each kr1 in net sales.

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

  • The MRQ is 0.983. The company is less efficient in keeping operating costs low.
  • The TTM is 1.089. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.983TTM1.089-0.106
TTM1.089YOY1.246-0.157
TTM1.0895Y1.671-0.582
5Y1.67110Y1.6710.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9831.100-0.117
TTM1.0891.117-0.028
YOY1.2461.138+0.108
5Y1.6711.141+0.530
10Y1.6711.099+0.572

1.3. Liquidity of Readly International AB.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Readly International AB is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Internet Content & Information industry mean).
  • A Current Ratio of 0.60 means the company has kr0.60 in assets for each kr1 in short-term debts.

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

  • The MRQ is 0.603. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.639. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.603TTM0.639-0.036
TTM0.639YOY0.953-0.314
TTM0.6395Y1.402-0.763
5Y1.40210Y1.4020.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6032.001-1.398
TTM0.6391.933-1.294
YOY0.9532.079-1.126
5Y1.4022.328-0.926
10Y1.4022.297-0.895
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Readly International AB to the Internet Content & Information industry mean.
  • A Quick Ratio of 0.48 means the company can pay off kr0.48 for each kr1 in debt (using most liquid assets).

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

  • The MRQ is 0.481. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.527. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.481TTM0.527-0.047
TTM0.527YOY0.878-0.350
TTM0.5275Y0.446+0.081
5Y0.44610Y0.4460.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4811.579-1.098
TTM0.5271.633-1.106
YOY0.8781.796-0.918
5Y0.4461.819-1.373
10Y0.4461.738-1.292

1.4. Solvency of Readly International AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Readly International AB assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Readly International AB to Internet Content & Information industry mean.
  • A Debt to Asset Ratio of 0.88 means that Readly International AB assets are financed with 88.2% credit (debt) and the remaining percentage (100% - 88.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.882. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.861. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.882TTM0.861+0.021
TTM0.861YOY0.717+0.144
TTM0.8615Y0.648+0.213
5Y0.64810Y0.6480.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8820.381+0.501
TTM0.8610.378+0.483
YOY0.7170.370+0.347
5Y0.6480.408+0.240
10Y0.6480.421+0.227
1.4.2. Debt to Equity Ratio

Measures if Readly International AB is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Readly International AB to the Internet Content & Information industry mean.
  • A Debt to Equity ratio of 757.1% means that company has kr7.57 debt for each kr1 in shareholders equity.

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

  • The MRQ is 7.571. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.378. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ7.571TTM6.378+1.193
TTM6.378YOY2.594+3.784
TTM6.3785Y2.925+3.453
5Y2.92510Y2.9250.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ7.5710.534+7.037
TTM6.3780.516+5.862
YOY2.5940.528+2.066
5Y2.9250.638+2.287
10Y2.9250.677+2.248

2. Market Valuation of Readly International AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Readly International AB generates.

  • Above 15 is considered overpriced but always compare Readly International AB to the Internet Content & Information industry mean.
  • A PE ratio of 74.10 means the investor is paying kr74.10 for every kr1 in earnings.

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

  • The EOD is 75.577. Based on the earnings, the company is expensive. -2
  • The MRQ is 74.097. Based on the earnings, the company is expensive. -2
  • The TTM is -4.153. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD75.577MRQ74.097+1.480
MRQ74.097TTM-4.153+78.250
TTM-4.153YOY-2.749-1.404
TTM-4.1535Y-4.438+0.285
5Y-4.43810Y-4.4380.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD75.5773.733+71.844
MRQ74.0974.028+70.069
TTM-4.1535.873-10.026
YOY-2.7490.629-3.378
5Y-4.43810.889-15.327
10Y-4.4388.703-13.141
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -126.173. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -123.702. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -46.119. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-126.173MRQ-123.702-2.471
MRQ-123.702TTM-46.119-77.583
TTM-46.119YOY-3.997-42.122
TTM-46.1195Y-15.835-30.284
5Y-15.83510Y-15.8350.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD-126.1738.367-134.540
MRQ-123.7028.370-132.072
TTM-46.1197.024-53.143
YOY-3.9975.620-9.617
5Y-15.8356.068-21.903
10Y-15.8356.936-22.771
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Internet Content & Information industry mean).
  • A PB ratio of 15.32 means the investor is paying kr15.32 for each kr1 in book value.

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

  • The EOD is 15.622. Based on the equity, the company is expensive. -2
  • The MRQ is 15.316. Based on the equity, the company is expensive. -2
  • The TTM is 12.866. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD15.622MRQ15.316+0.306
MRQ15.316TTM12.866+2.450
TTM12.866YOY2.674+10.191
TTM12.8665Y5.485+7.381
5Y5.48510Y5.4850.000
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD15.6221.838+13.784
MRQ15.3161.703+13.613
TTM12.8661.773+11.093
YOY2.6742.338+0.336
5Y5.4853.205+2.280
10Y5.4853.633+1.852
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Readly International AB compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.051-0.368+621%-0.733+1335%0.054-195%0.054-195%
Book Value Per Share--0.9151.157-21%3.294-72%4.132-78%4.132-78%
Current Ratio--0.6030.639-6%0.953-37%1.402-57%1.402-57%
Debt To Asset Ratio--0.8820.861+2%0.717+23%0.648+36%0.648+36%
Debt To Equity Ratio--7.5716.378+19%2.594+192%2.925+159%2.925+159%
Dividend Per Share---0.005-100%-0%0.001-100%0.001-100%
Eps--0.047-0.077+264%-0.791+1772%-0.947+2101%-0.947+2101%
Free Cash Flow Per Share---0.028-0.380+1242%-0.630+2125%-0.810+2759%-0.810+2759%
Free Cash Flow To Equity Per Share---0.071-0.450+531%-0.836+1074%0.078-192%0.078-192%
Gross Profit Margin--1.0001.471-32%1.0000%1.111-10%1.111-10%
Intrinsic Value_10Y_max--41.796--------
Intrinsic Value_10Y_min--33.594--------
Intrinsic Value_1Y_max---1.960--------
Intrinsic Value_1Y_min---1.929--------
Intrinsic Value_3Y_max---1.203--------
Intrinsic Value_3Y_min---1.243--------
Intrinsic Value_5Y_max--5.203--------
Intrinsic Value_5Y_min--4.426--------
Market Cap542037210.000+2%531424426.760542227277.090-2%306365044.885+73%782130279.471-32%782130279.471-32%
Net Profit Margin--0.011-0.084+901%-0.209+2086%-0.354+3468%-0.354+3468%
Operating Margin--0.017-0.089+624%-0.209+1339%-0.316+1972%-0.316+1972%
Operating Ratio--0.9831.089-10%1.246-21%1.671-41%1.671-41%
Pb Ratio15.622+2%15.31612.866+19%2.674+473%5.485+179%5.485+179%
Pe Ratio75.577+2%74.097-4.153+106%-2.749+104%-4.438+106%-4.438+106%
Price Per Share14.300+2%14.02014.305-2%8.083+73%20.634-32%20.634-32%
Price To Free Cash Flow Ratio-126.173-2%-123.702-46.119-63%-3.997-97%-15.835-87%-15.835-87%
Price To Total Gains Ratio-279.978-2%-274.496-99.947-64%-12.101-96%-45.448-83%-45.448-83%
Quick Ratio--0.4810.527-9%0.878-45%0.446+8%0.446+8%
Return On Assets--0.006-0.042+782%-0.068+1223%-0.107+1849%-0.107+1849%
Return On Equity--0.052-0.263+604%-0.243+564%-0.369+806%-0.369+806%
Total Gains Per Share---0.051-0.363+611%-0.733+1335%0.055-193%0.055-193%
Usd Book Value--3261612.0944123756.524-21%11737756.500-72%14722130.711-78%14722130.711-78%
Usd Book Value Change Per Share---0.005-0.035+621%-0.069+1335%0.005-195%0.005-195%
Usd Book Value Per Share--0.0860.109-21%0.310-72%0.388-78%0.388-78%
Usd Dividend Per Share---0.000-100%-0%0.000-100%0.000-100%
Usd Eps--0.004-0.007+264%-0.074+1772%-0.089+2101%-0.089+2101%
Usd Free Cash Flow---100956.000-1354610.500+1242%-2246294.500+2125%-2886430.353+2759%-2886430.353+2759%
Usd Free Cash Flow Per Share---0.003-0.036+1242%-0.059+2125%-0.076+2759%-0.076+2759%
Usd Free Cash Flow To Equity Per Share---0.007-0.042+531%-0.079+1074%0.007-192%0.007-192%
Usd Market Cap50951497.740+2%49953896.11550969364.046-2%28798314.219+73%73520246.270-32%73520246.270-32%
Usd Price Per Share1.344+2%1.3181.345-2%0.760+73%1.940-32%1.940-32%
Usd Profit--168542.000-1291419.000+866%-2817861.500+1772%-3529102.824+2194%-3529102.824+2194%
Usd Revenue--16035554.00015758959.000+2%13574070.000+18%11785791.882+36%11785791.882+36%
Usd Total Gains Per Share---0.005-0.034+611%-0.069+1335%0.005-193%0.005-193%
 EOD+4 -4MRQTTM+20 -16YOY+22 -115Y+15 -2110Y+15 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1575.577
Price to Book Ratio (EOD)Between0-115.622
Net Profit Margin (MRQ)Greater than00.011
Operating Margin (MRQ)Greater than00.017
Quick Ratio (MRQ)Greater than10.481
Current Ratio (MRQ)Greater than10.603
Debt to Asset Ratio (MRQ)Less than10.882
Debt to Equity Ratio (MRQ)Less than17.571
Return on Equity (MRQ)Greater than0.150.052
Return on Assets (MRQ)Greater than0.050.006
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.772
Ma 20Greater thanMa 5014.238
Ma 50Greater thanMa 10014.017
Ma 100Greater thanMa 20013.952
OpenGreater thanClose14.160
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Income before Tax  -29,133-5,177-34,31015,344-18,96613,903-5,0636,5661,503
Net Income  -28,905-4,888-33,79315,352-18,44113,928-4,5136,3061,793
EBIT  -24,556-8,926-33,4829,859-23,62320,052-3,5716,4542,883
Operating Income  -24,556-8,926-33,48212,615-20,86717,295-3,5726,4552,883



Latest Balance Sheet

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

Summary
Total Assets294,252
Total Liabilities259,554
Total Stockholder Equity34,282
 As reported
Total Liabilities 259,554
Total Stockholder Equity+ 34,282
Total Assets = 294,252

Assets

Total Assets294,252
Total Current Assets147,120
Long-term Assets147,132
Total Current Assets
Cash And Cash Equivalents 102,858
Net Receivables 14,449
Other Current Assets 29,813
Total Current Assets  (as reported)147,120
Total Current Assets  (calculated)147,120
+/-0
Long-term Assets
Property Plant Equipment 2,795
Goodwill 49,841
Long-term Assets Other 94,496
Long-term Assets  (as reported)147,132
Long-term Assets  (calculated)147,132
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities244,039
Long-term Liabilities15,515
Total Stockholder Equity34,282
Total Current Liabilities
Short-term Debt 7,291
Accounts payable 34,003
Other Current Liabilities 202,745
Total Current Liabilities  (as reported)244,039
Total Current Liabilities  (calculated)244,039
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)15,515
Long-term Liabilities  (calculated)0
+/- 15,515
Total Stockholder Equity
Common Stock1,137
Retained Earnings -1,160,383
Accumulated Other Comprehensive Income 12,154
Other Stockholders Equity 1,181,374
Total Stockholder Equity (as reported)34,282
Total Stockholder Equity (calculated)34,282
+/-0
Other
Cash and Short Term Investments 102,858
Common Stock Shares Outstanding 37,905
Liabilities and Stockholders Equity 294,252
Net Debt -88,710
Net Working Capital -96,919
Short Long Term Debt Total 14,148



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
176,956
0
232,690
616,169
576,127
530,797
457,352
420,192
507,507
469,312
461,335
434,388
383,086
342,595
314,231
300,031
294,252
294,252300,031314,231342,595383,086434,388461,335469,312507,507420,192457,352530,797576,127616,169232,6900176,956
   > Total Current Assets 
146,249
0
198,536
582,325
540,619
492,614
413,492
376,075
334,546
293,762
279,398
248,454
221,176
183,428
155,378
151,391
147,120
147,120151,391155,378183,428221,176248,454279,398293,762334,546376,075413,492492,614540,619582,325198,5360146,249
       Cash And Cash Equivalents 
130,132
0
169,305
564,329
521,574
467,522
388,005
355,133
306,209
264,863
251,672
219,146
188,706
144,057
116,439
108,672
102,858
102,858108,672116,439144,057188,706219,146251,672264,863306,209355,133388,005467,522521,574564,329169,3050130,132
       Net Receivables 
2,588
0
29,231
17,996
8,918
25,092
25,488
20,942
6,616
11,040
9,006
8,899
7,673
13,862
13,264
13,016
14,449
14,44913,01613,26413,8627,6738,8999,00611,0406,61620,94225,48825,0928,91817,99629,23102,588
       Other Current Assets 
1
0
0
11,068
-1
18,448
-1
16,569
28,337
28,899
18,720
20,409
24,797
25,509
-1
-1
29,813
29,813-1-125,50924,79720,40918,72028,89928,33716,569-118,448-111,068001
   > Long-term Assets 
30,707
0
34,154
33,844
35,508
38,184
43,860
44,118
172,961
175,550
181,937
185,934
161,910
159,168
158,853
148,640
147,132
147,132148,640158,853159,168161,910185,934181,937175,550172,96144,11843,86038,18435,50833,84434,154030,707
       Property Plant Equipment 
0
0
7,653
6,467
5,906
4,576
4,066
4,019
12,241
11,249
10,373
9,460
8,554
3,737
2,934
3,098
2,795
2,7953,0982,9343,7378,5549,46010,37311,24912,2414,0194,0664,5765,9066,4677,65300
       Goodwill 
0
0
0
0
0
0
0
0
70,744
71,516
73,880
75,524
49,982
51,005
54,573
52,503
49,841
49,84152,50354,57351,00549,98275,52473,88071,51670,74400000000
       Intangible Assets 
17,656
0
0
19,844
21,925
0
0
0
161,747
83,822
88,421
91,476
93,502
93,972
91,822
83,798
0
083,79891,82293,97293,50291,47688,42183,822161,74700021,92519,8440017,656
       Other Assets 
0
0
26,501
27,377
29,602
33,607
39,795
40,098
49,856
8,963
9,263
9,474
9,874
-1
0
9,241
0
09,2410-19,8749,4749,2638,96349,85640,09839,79533,60729,60227,37726,50100
> Total Liabilities 
122,163
0
192,360
200,516
194,203
196,006
179,236
194,751
305,793
311,574
327,401
317,138
292,529
284,111
268,568
263,397
259,554
259,554263,397268,568284,111292,529317,138327,401311,574305,793194,751179,236196,006194,203200,516192,3600122,163
   > Total Current Liabilities 
120,637
0
158,515
171,880
169,320
181,116
169,450
190,557
259,753
267,326
285,568
277,029
264,598
261,060
247,036
244,201
244,039
244,039244,201247,036261,060264,598277,029285,568267,326259,753190,557169,450181,116169,320171,880158,5150120,637
       Short-term Debt 
0
0
0
0
0
0
0
0
27,742
23,786
19,549
14,025
9,689
8,407
8,169
7,807
7,291
7,2917,8078,1698,4079,68914,02519,54923,78627,74200000000
       Short Long Term Debt 
0
0
15,110
16,110
16,248
17,553
18,388
19,623
24,476
20,705
16,657
11,324
6,988
6,805
7,128
6,956
0
06,9567,1286,8056,98811,32416,65720,70524,47619,62318,38817,55316,24816,11015,11000
       Accounts payable 
28,958
0
24,221
21,522
24,780
24,448
22,542
30,001
41,697
36,624
52,792
44,160
44,569
45,700
35,756
43,543
34,003
34,00343,54335,75645,70044,56944,16052,79236,62441,69730,00122,54224,44824,78021,52224,221028,958
       Other Current Liabilities 
1,041
0
114,747
130,344
32,367
136,914
126,605
138,851
184,188
206,916
213,227
218,844
210,340
206,953
191,660
181,407
202,745
202,745181,407191,660206,953210,340218,844213,227206,916184,188138,851126,605136,91432,367130,344114,74701,041
   > Long-term Liabilities 
1,526
0
33,845
28,636
24,883
14,890
9,786
4,194
46,040
44,248
41,833
40,109
27,931
23,051
21,532
19,196
15,515
15,51519,19621,53223,05127,93140,10941,83344,24846,0404,1949,78614,89024,88328,63633,84501,526
       Other Liabilities 
0
0
3,494
3,709
5,478
0
0
0
22,212
22,363
21,882
22,067
11,901
0
0
10,533
0
010,5330011,90122,06721,88222,36322,2120005,4783,7093,49400
       Deferred Long Term Liability 
0
0
19,847
19,844
21,925
24,795
29,914
32,699
40,558
0
0
0
0
0
0
0
0
0000000040,55832,69929,91424,79521,92519,84419,84700
> Total Stockholder Equity
54,793
0
40,330
415,653
381,924
334,791
278,116
225,441
200,010
156,059
133,911
117,229
90,552
58,423
45,626
36,623
34,282
34,28236,62345,62658,42390,552117,229133,911156,059200,010225,441278,116334,791381,924415,65340,330054,793
   Common Stock
0
0
40,309
415,632
1,111
1,117
1,117
1,117
1,137
1,137
1,137
1,137
1,137
1,137
1,137
1,137
1,137
1,1371,1371,1371,1371,1371,1371,1371,1371,1371,1171,1171,1171,111415,63240,30900
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
13,843
19,535
16,302
12,154
12,15416,30219,53513,8430000000000000
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
0
0
0
0
121
623
418
298
1,185,168
1,186,359
1,190,329
1,192,656
1,194,868
1,182,665
1,182,618
1,181,361
1,181,374
1,181,3741,181,3611,182,6181,182,6651,194,8681,192,6561,190,3291,186,3591,185,1682984186231210000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue663,066
Cost of Revenue-718,905
Gross Profit-55,839-55,839
 
Operating Income (+$)
Gross Profit-55,839
Operating Expense-754,685
Operating Income-55,839-810,524
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense754,6850
 
Net Interest Income (+$)
Interest Income0
Interest Expense-2,543
Other Finance Cost-2,108
Net Interest Income-4,651
 
Pretax Income (+$)
Operating Income-55,839
Net Interest Income-4,651
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-56,836-54,842
EBIT - interestExpense = -58,382
-57,149
-52,388
Interest Expense2,543
Earnings Before Interest and Taxes (EBIT)-55,839-54,293
Earnings Before Interest and Taxes (EBITDA)-10,541
 
After tax Income (+$)
Income Before Tax-56,836
Tax Provision--1,769
Net Income From Continuing Ops-85,704-55,067
Net Income-54,931
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses718,905
Total Other Income/Expenses Net-9974,651
 

Technical Analysis of Readly International AB
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 Readly International AB. The general trend of Readly International AB is BULLISH with 85.7% 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 Readly International AB'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 (85.7%) Bearish trend (-85.7%)
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 Readly International AB.

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: 14.50 < 14.50 < 14.50.

The bearish price targets are: 13.62 > 13.42 > 13.34.

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Readly International AB Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Readly International AB. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-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 down: The MA 200 is trending down. -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

Readly International AB Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Readly International AB. The current macd is 0.02487417.

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Readly International AB. The current adx is 18.89.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Readly International AB shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Readly International AB Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Readly International AB. The current sar is 14.54.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Readly International AB Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Readly International AB. The current rsi is 52.77. 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
Readly International AB Daily Relative Strength Index (RSI) ChartReadly International AB Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Readly International AB. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-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 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 Readly International AB price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Readly International AB Daily Stochastic Oscillator ChartReadly International AB Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Readly International AB. The current cci is 65.24.

Readly International AB Daily Commodity Channel Index (CCI) ChartReadly International AB Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Readly International AB. The current cmo is 6.27023598.

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
Readly International AB Daily Chande Momentum Oscillator (CMO) ChartReadly International AB Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Readly International AB. The current willr is -30.6122449.

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Readly International AB.

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

Score

Let's take a look at the Average True Range (ATR) of Readly International AB. The current atr is 0.37168876.

Readly International AB Daily Average True Range (ATR) ChartReadly International AB Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Readly International AB. The current obv is 9,236,453.

Readly International AB Daily On-Balance Volume (OBV) ChartReadly International AB Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Readly International AB. The current mfi is 69.54.

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
Readly International AB Daily Money Flow Index (MFI) ChartReadly International AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Readly International AB.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Readly International AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.772
Ma 20Greater thanMa 5014.238
Ma 50Greater thanMa 10014.017
Ma 100Greater thanMa 20013.952
OpenGreater thanClose14.160
Total4/5 (80.0%)
Penke

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