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Riedel Resources Ltd
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Let's analyse Riedel Resources Ltd together

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

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

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

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Quick analysis of Riedel Resources Ltd (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$0.01
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$0.01
Return On Investment
150.2%

For what price can you sell your share?

Current Price per Share
A$0.00
Expected price per share
A$0.003 - A$0.004
How sure are you?
50%

1. Valuation of Riedel Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.00

Intrinsic Value Per Share

A$-0.02 - A$0.00

Total Value Per Share

A$-0.01 - A$0.00

2. Growth of Riedel Resources Ltd (5 min.)




Is Riedel Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$5.7m$3.5m$2.1m37.6%

How much money is Riedel Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$530.4k-$468.4k-$61.9k-11.7%
Net Profit Margin-12,561.2%-168,466.5%--

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

3. Financial Health of Riedel Resources Ltd (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#562 / 889

Most Revenue
#416 / 889

Most Profit
#354 / 889

Most Efficient
#813 / 889

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

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

What can you expect buying and holding a share of Riedel Resources Ltd?

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

Speculation

The Price per Share of Riedel Resources Ltd is A$0.004. 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 Riedel Resources Ltd.
  • 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 Riedel Resources Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

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

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-6.0%0.00-6.0%0.00-5.3%0.00-11.5%0.00-11.8%
Usd Book Value Change Per Share0.0024.3%0.0024.3%0.002.4%0.006.0%0.00-0.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0024.3%0.0024.3%0.002.4%0.006.0%0.00-0.1%
Usd Price Per Share0.00-0.00-0.00-0.01-0.01-
Price to Earnings Ratio-13.56--13.56--21.47--13.99--8.17-
Price-to-Total Gains Ratio3.33-3.33-47.29-6.23--5.07-
Price to Book Ratio1.25-1.25-2.81-5.03-9.55-
Price-to-Total Gains Ratio3.33-3.33-47.29-6.23--5.07-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0025868
Number of shares386578
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (386578 shares)375.6093.48
Gains per Year (386578 shares)1,502.39373.92
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10150214920374364
20300529940748738
3045074496011221112
4060105998014961486
5075127500018701860
6090149002022442234
701051710504026172608
801201912006029912982
901352213508033653356
1001502415010037393730

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 Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%2.08.00.020.0%2.011.01.014.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%5.05.00.050.0%7.07.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.014.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%5.05.00.050.0%7.07.00.050.0%

Fundamentals of Riedel Resources Ltd

About Riedel Resources Ltd

Riedel Resources Limited engages in the exploration and development of mineral properties in Australia, the United States, and Spain. The company explores for gold, silver, and base metal deposits. Its flagship project is the Kingman Gold project comprising approximately 200 contiguous mining claims located near Kingman Arizona. The company was incorporated in 2010 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-04-03 08:19:05.

Financial Health

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

Valuation

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

1.1. Profitability of Riedel Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Riedel Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Riedel Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -12,561.2% means that $-125.61 for each $1 in revenue is generated as profit.

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

  • The MRQ is -12,561.2%. The company is making a huge loss. -2
  • The TTM is -12,561.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-12,561.2%TTM-12,561.2%0.0%
TTM-12,561.2%YOY-168,466.5%+155,905.3%
TTM-12,561.2%5Y-208,338.2%+195,777.0%
5Y-208,338.2%10Y-103,803.7%-104,534.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-12,561.2%-69.4%-12,491.8%
TTM-12,561.2%-76.6%-12,484.6%
YOY-168,466.5%-71.9%-168,394.6%
5Y-208,338.2%-416.6%-207,921.6%
10Y-103,803.7%-933.1%-102,870.6%
1.1.2. Return on Assets

Shows how efficient Riedel Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Riedel Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -8.5% Return on Assets means that Riedel Resources Ltd generated $-0.08 profit for each $1 in assets.

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

  • The MRQ is -8.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -8.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-8.5%TTM-8.5%0.0%
TTM-8.5%YOY-12.9%+4.4%
TTM-8.5%5Y-40.3%+31.8%
5Y-40.3%10Y-59.8%+19.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-9.2%+0.7%
TTM-8.5%-9.1%+0.6%
YOY-12.9%-8.3%-4.6%
5Y-40.3%-13.7%-26.6%
10Y-59.8%-19.9%-39.9%
1.1.3. Return on Equity

Shows how efficient Riedel Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Riedel Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -9.2% Return on Equity means Riedel Resources Ltd generated $-0.09 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -9.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -9.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-9.2%TTM-9.2%0.0%
TTM-9.2%YOY-13.1%+3.8%
TTM-9.2%5Y-41.0%+31.8%
5Y-41.0%10Y-71.9%+30.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.2%-9.8%+0.6%
TTM-9.2%-9.7%+0.5%
YOY-13.1%-9.2%-3.9%
5Y-41.0%-14.4%-26.6%
10Y-71.9%-20.8%-51.1%

1.2. Operating Efficiency of Riedel Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Riedel Resources Ltd is operating .

  • Measures how much profit Riedel Resources Ltd 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 Riedel Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -12,359.5% means the company generated $-123.60  for each $1 in revenue (before taxes).

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

  • The MRQ is -12,359.5%. The company is operating very inefficient. -2
  • The TTM is -12,359.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-12,359.5%TTM-12,359.5%0.0%
TTM-12,359.5%YOY-168,844.0%+156,484.4%
TTM-12,359.5%5Y-208,505.7%+196,146.2%
5Y-208,505.7%10Y-103,884.7%-104,621.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-12,359.5%-360.3%-11,999.2%
TTM-12,359.5%-187.4%-12,172.1%
YOY-168,844.0%-127.9%-168,716.1%
5Y-208,505.7%-531.6%-207,974.1%
10Y-103,884.7%-948.8%-102,935.9%
1.2.2. Operating Ratio

Measures how efficient Riedel Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 123.70 means that the operating costs are $123.70 for each $1 in net sales.

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

  • The MRQ is 123.695. The company is inefficient in keeping operating costs low. -1
  • The TTM is 123.695. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ123.695TTM123.6950.000
TTM123.695YOY1,686.847-1,563.151
TTM123.6955Y2,084.762-1,961.067
5Y2,084.76210Y1,065.010+1,019.752
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ123.6952.181+121.514
TTM123.6952.181+121.514
YOY1,686.8472.290+1,684.557
5Y2,084.7627.779+2,076.983
10Y1,065.01011.211+1,053.799

1.3. Liquidity of Riedel Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Riedel Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 3.73 means the company has $3.73 in assets for each $1 in short-term debts.

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

  • The MRQ is 3.731. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.731. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.731TTM3.7310.000
TTM3.731YOY20.240-16.509
TTM3.7315Y30.714-26.983
5Y30.71410Y20.769+9.945
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7312.381+1.350
TTM3.7312.553+1.178
YOY20.2403.635+16.605
5Y30.7144.045+26.669
10Y20.7694.805+15.964
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Riedel Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 3.69 means the company can pay off $3.69 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 3.688. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.688. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.688TTM3.6880.000
TTM3.688YOY19.829-16.141
TTM3.6885Y30.474-26.786
5Y30.47410Y20.717+9.757
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6880.939+2.749
TTM3.6880.921+2.767
YOY19.8291.107+18.722
5Y30.4741.356+29.118
10Y20.7171.507+19.210

1.4. Solvency of Riedel Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Riedel Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Riedel Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.08 means that Riedel Resources Ltd assets are financed with 8.0% credit (debt) and the remaining percentage (100% - 8.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.080. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.080. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.080TTM0.0800.000
TTM0.080YOY0.012+0.068
TTM0.0805Y0.027+0.053
5Y0.02710Y0.068-0.041
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0800.186-0.106
TTM0.0800.186-0.106
YOY0.0120.139-0.127
5Y0.0270.212-0.185
10Y0.0680.246-0.178
1.4.2. Debt to Equity Ratio

Measures if Riedel Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Riedel Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 8.7% means that company has $0.09 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.087. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.087. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.087TTM0.0870.000
TTM0.087YOY0.013+0.075
TTM0.0875Y0.029+0.058
5Y0.02910Y0.082-0.053
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0870.200-0.113
TTM0.0870.204-0.117
YOY0.0130.140-0.127
5Y0.0290.220-0.191
10Y0.0820.244-0.162

2. Market Valuation of Riedel Resources Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Riedel Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -13.56 means the investor is paying $-13.56 for every $1 in earnings.

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

  • The EOD is -10.845. Based on the earnings, the company is expensive. -2
  • The MRQ is -13.556. Based on the earnings, the company is expensive. -2
  • The TTM is -13.556. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-10.845MRQ-13.556+2.711
MRQ-13.556TTM-13.5560.000
TTM-13.556YOY-21.469+7.913
TTM-13.5565Y-13.993+0.437
5Y-13.99310Y-8.169-5.824
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-10.845-4.260-6.585
MRQ-13.556-5.405-8.151
TTM-13.556-5.555-8.001
YOY-21.469-8.438-13.031
5Y-13.993-11.042-2.951
10Y-8.169-12.261+4.092
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -4.237. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.297. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.297. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.237MRQ-5.297+1.059
MRQ-5.297TTM-5.2970.000
TTM-5.297YOY-9.002+3.705
TTM-5.2975Y-3,015.464+3,010.168
5Y-3,015.46410Y-1,539.128-1,476.336
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-4.237-4.286+0.049
MRQ-5.297-5.800+0.503
TTM-5.297-6.198+0.901
YOY-9.002-8.781-0.221
5Y-3,015.464-12.218-3,003.246
10Y-1,539.128-13.193-1,525.935
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.25 means the investor is paying $1.25 for each $1 in book value.

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

  • The EOD is 1.001. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.251. Based on the equity, the company is underpriced. +1
  • The TTM is 1.251. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.001MRQ1.251-0.250
MRQ1.251TTM1.2510.000
TTM1.251YOY2.807-1.556
TTM1.2515Y5.032-3.781
5Y5.03210Y9.550-4.519
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.0011.237-0.236
MRQ1.2511.515-0.264
TTM1.2511.586-0.335
YOY2.8072.249+0.558
5Y5.0322.392+2.640
10Y9.5502.941+6.609
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0020.0020%0.000+915%0.000+302%0.000+100%
Book Value Per Share--0.0040.0040%0.002+60%0.002+81%0.002+134%
Current Ratio--3.7313.7310%20.240-82%30.714-88%20.769-82%
Debt To Asset Ratio--0.0800.0800%0.012+547%0.027+196%0.068+18%
Debt To Equity Ratio--0.0870.0870%0.013+594%0.029+204%0.082+6%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0000.0000%0.000-12%-0.001+92%-0.001+97%
Free Cash Flow Per Share---0.001-0.0010%-0.001-18%0.000-57%0.000-63%
Free Cash Flow To Equity Per Share--0.0010.0010%0.000+134%0.001+31%0.000+116%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.002--------
Intrinsic Value_10Y_min---0.016--------
Intrinsic Value_1Y_max--0.000--------
Intrinsic Value_1Y_min---0.001--------
Intrinsic Value_3Y_max---0.001--------
Intrinsic Value_3Y_min---0.003--------
Intrinsic Value_5Y_max---0.001--------
Intrinsic Value_5Y_min---0.006--------
Market Cap8895360.000-25%11119200.00011119200.0000%15566880.000-29%18235488.000-39%32178964.800-65%
Net Profit Margin---125.612-125.6120%-1684.665+1241%-2083.382+1559%-1038.037+726%
Operating Margin---123.595-123.5950%-1688.440+1266%-2085.057+1587%-1038.847+741%
Operating Ratio--123.695123.6950%1686.847-93%2084.762-94%1065.010-88%
Pb Ratio1.001-25%1.2511.2510%2.807-55%5.032-75%9.550-87%
Pe Ratio-10.845+20%-13.556-13.5560%-21.469+58%-13.993+3%-8.169-40%
Price Per Share0.004-25%0.0050.0050%0.007-29%0.008-39%0.014-65%
Price To Free Cash Flow Ratio-4.237+20%-5.297-5.2970%-9.002+70%-3015.464+56833%-1539.128+28959%
Price To Total Gains Ratio2.662-25%3.3283.3280%47.294-93%6.234-47%-5.066+252%
Quick Ratio--3.6883.6880%19.829-81%30.474-88%20.717-82%
Return On Assets---0.085-0.0850%-0.129+52%-0.403+374%-0.598+604%
Return On Equity---0.092-0.0920%-0.131+42%-0.410+344%-0.719+679%
Total Gains Per Share--0.0020.0020%0.000+915%0.000+302%0.000+100%
Usd Book Value--5746828.4135746828.4130%3586156.504+60%3178449.663+81%2456170.222+134%
Usd Book Value Change Per Share--0.0010.0010%0.000+915%0.000+302%0.000+100%
Usd Book Value Per Share--0.0030.0030%0.002+60%0.001+81%0.001+134%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.0000%0.000-12%0.000+92%0.000+97%
Usd Free Cash Flow---1357647.640-1357647.6400%-1118350.656-18%-585203.237-57%-496309.726-63%
Usd Free Cash Flow Per Share---0.001-0.0010%-0.001-18%0.000-57%0.000-63%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.000+134%0.000+31%0.000+116%
Usd Market Cap5752629.312-25%7190786.6407190786.6400%10067101.296-29%11792890.090-39%20810136.536-65%
Usd Price Per Share0.003-25%0.0030.0030%0.005-29%0.005-39%0.009-65%
Usd Profit---530451.795-530451.7950%-468473.360-12%-1015677.789+91%-1044613.799+97%
Usd Revenue--4222.9514222.9510%278.081+1419%11115.480-62%12816.947-67%
Usd Total Gains Per Share--0.0010.0010%0.000+915%0.000+302%0.000+100%
 EOD+2 -6MRQTTM+0 -0YOY+17 -165Y+19 -1410Y+21 -12

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-10.845
Price to Book Ratio (EOD)Between0-11.001
Net Profit Margin (MRQ)Greater than0-125.612
Operating Margin (MRQ)Greater than0-123.595
Quick Ratio (MRQ)Greater than13.688
Current Ratio (MRQ)Greater than13.731
Debt to Asset Ratio (MRQ)Less than10.080
Debt to Equity Ratio (MRQ)Less than10.087
Return on Equity (MRQ)Greater than0.15-0.092
Return on Assets (MRQ)Greater than0.05-0.085
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.945
Ma 20Greater thanMa 500.004
Ma 50Greater thanMa 1000.004
Ma 100Greater thanMa 2000.004
OpenGreater thanClose0.004
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Total Other Income Expense Net 224365-65011-21-20



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets9,660
Total Liabilities774
Total Stockholder Equity8,886
 As reported
Total Liabilities 774
Total Stockholder Equity+ 8,886
Total Assets = 9,660

Assets

Total Assets9,660
Total Current Assets2,886
Long-term Assets6,774
Total Current Assets
Cash And Cash Equivalents 2,829
Net Receivables 24
Other Current Assets 33
Total Current Assets  (as reported)2,886
Total Current Assets  (calculated)2,886
+/-0
Long-term Assets
Property Plant Equipment 6,774
Long-term Assets  (as reported)6,774
Long-term Assets  (calculated)6,774
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities774
Long-term Liabilities0
Total Stockholder Equity8,886
Total Current Liabilities
Accounts payable 172
Other Current Liabilities 602
Total Current Liabilities  (as reported)774
Total Current Liabilities  (calculated)774
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock28,209
Retained Earnings -22,349
Accumulated Other Comprehensive Income 3,027
Total Stockholder Equity (as reported)8,886
Total Stockholder Equity (calculated)8,886
+/-0
Other
Capital Stock28,209
Cash and Short Term Investments 2,829
Common Stock Shares Outstanding 1,323,699
Liabilities and Stockholders Equity 9,660
Net Debt -2,829
Net Invested Capital 8,886
Net Tangible Assets 8,886
Net Working Capital 2,113
Property Plant and Equipment Gross 6,774



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-30
> Total Assets 
11,459
10,268
11,274
9,183
2,086
1,931
3,170
2,573
4,887
3,053
1,921
5,336
5,615
9,660
9,6605,6155,3361,9213,0534,8872,5733,1701,9312,0869,18311,27410,26811,459
   > Total Current Assets 
6,459
4,576
994
366
89
173
1,528
933
2,477
1,382
1,140
2,869
1,408
2,886
2,8861,4082,8691,1401,3822,4779331,528173893669944,5766,459
       Cash And Cash Equivalents 
6,459
4,318
898
350
23
143
1,500
899
2,340
1,153
886
2,723
1,371
2,829
2,8291,3712,7238861,1532,3408991,500143233508984,3186,459
       Short-term Investments 
0
0
0
0
50
20
20
20
20
0
0
0
0
0
0000020202020500000
       Net Receivables 
0
238
79
4
58
21
22
27
130
222
248
127
8
24
248127248222130272221584792380
       Other Current Assets 
0
20
17
12
8
9
6
7
7
8
6
19
29
33
33291968776981217200
   > Long-term Assets 
5,000
5,692
10,280
8,816
1,997
1,758
1,643
1,640
2,411
1,671
781
2,467
4,207
6,774
6,7744,2072,4677811,6712,4111,6401,6431,7581,9978,81610,2805,6925,000
       Property Plant Equipment 
5,000
5,692
10,195
8,816
1,997
1,758
1,643
1,640
2,411
1,671
781
660
4,207
6,774
6,7744,2076607811,6712,4111,6401,6431,7581,9978,81610,1955,6925,000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
1,807
0
0
001,80700000000000
> Total Liabilities 
6
419
645
196
467
439
144
34
159
24
24
120
70
774
774701202424159341444394671966454196
   > Total Current Liabilities 
6
419
645
196
467
439
144
34
159
24
24
120
70
774
774701202424159341444394671966454196
       Short-term Debt 
0
0
0
107
408
408
0
0
0
0
0
0
0
0
00000000408408107000
       Short Long Term Debt 
0
0
0
0
408
408
0
0
0
0
0
0
0
0
000000004084080000
       Accounts payable 
0
74
598
43
35
12
37
21
102
12
16
92
34
172
172349216121022137123543598740
       Other Current Liabilities 
121
345
593
47
24
19
107
14
56
12
8
28
35
602
60235288125614107192447593345121
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
12
16
92
34
0
034921612000000000
> Total Stockholder Equity
11,454
9,849
10,628
8,987
1,619
1,492
3,027
2,539
4,729
3,029
1,897
5,216
5,545
8,886
8,8865,5455,2161,8973,0294,7292,5393,0271,4921,6198,98710,6289,84911,454
   Common Stock
11,711
10,451
13,193
15,084
15,111
15,453
15,982
16,091
19,237
19,237
19,237
23,242
24,305
28,209
28,20924,30523,24219,23719,23719,23716,09115,98215,45315,11115,08413,19310,45111,711
   Retained Earnings -22,349-21,564-20,839-17,375-16,241-14,722-14,150-14,725-15,430-14,944-7,229-2,817-893-257
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
0
0
0
702
653
652
597
-750
-931
-3
-4
-4
-8
-8-4-4-3-931-7505976526537020000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue7
Cost of Revenue-1
Gross Profit-16
 
Operating Income (+$)
Gross Profit-1
Operating Expense-807
Operating Income-807-808
 
Operating Expense (+$)
Research Development-
Selling General Administrative425
Selling And Marketing Expenses-
Operating Expense807425
 
Net Interest Income (+$)
Interest Income20
Interest Expense--
Other Finance Cost-13
Net Interest Income7
 
Pretax Income (+$)
Operating Income-807
Net Interest Income7
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-820-787
EBIT - interestExpense = -807
-827
-820
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-807-820
Earnings Before Interest and Taxes (EBITDA)-806
 
After tax Income (+$)
Income Before Tax-820
Tax Provision-0
Net Income From Continuing Ops-820-820
Net Income-820
Net Income Applicable To Common Shares-820
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses807
Total Other Income/Expenses Net-20-7
 

Technical Analysis of Riedel Resources Ltd
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 Riedel Resources Ltd. The general trend of Riedel Resources Ltd is BEARISH with 42.9% 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 Riedel Resources Ltd'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 (-42.9%) Bearish trend (42.9%)
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 Riedel Resources Ltd.

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: 0.004 < 0.004 < 0.004.

The bearish price targets are: 0.003 > 0.003 > 0.003.

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Riedel Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Riedel Resources Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

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

Directionalities and relatives.

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

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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Riedel Resources Ltd. The current macd is 0.000057.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Riedel Resources Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Riedel Resources Ltd. 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 Riedel Resources Ltd 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
Riedel Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartRiedel Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Riedel Resources Ltd. The current adx is 25.97.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 Riedel Resources Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Riedel Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Riedel Resources Ltd. The current sar is 0.003.

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
Riedel Resources Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Riedel Resources Ltd. The current rsi is 53.95. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Riedel Resources Ltd Daily Relative Strength Index (RSI) ChartRiedel Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Riedel Resources Ltd. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Riedel Resources Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Riedel Resources Ltd Daily Stochastic Oscillator ChartRiedel Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Riedel Resources Ltd. The current cci is 74.07.

Riedel Resources Ltd Daily Commodity Channel Index (CCI) ChartRiedel Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Riedel Resources Ltd. The current cmo is 10.56.

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
Riedel Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartRiedel Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Riedel Resources Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Riedel Resources Ltd Daily Williams %R ChartRiedel Resources Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Riedel Resources Ltd. The current atr is 0.00037067.

Riedel Resources Ltd Daily Average True Range (ATR) ChartRiedel Resources Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Riedel Resources Ltd. The current obv is 77,393,955.

Riedel Resources Ltd Daily On-Balance Volume (OBV) ChartRiedel Resources Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Riedel Resources Ltd. The current mfi is 77.60.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Riedel Resources Ltd Daily Money Flow Index (MFI) ChartRiedel Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Riedel Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21CCI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28DMI 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-02ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the 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).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the 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).
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
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).
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18MFI LONG ENTRY SHORT CLOSE80 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.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-03STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Riedel Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.945
Ma 20Greater thanMa 500.004
Ma 50Greater thanMa 1000.004
Ma 100Greater thanMa 2000.004
OpenGreater thanClose0.004
Total2/5 (40.0%)
Penke

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