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RUNGTA IRRIGATION LTD.
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Quick analysis of RUNGTA IRRIGATION LTD. (30 sec.)










1. Valuation of RUNGTA IRRIGATION LTD. (5 min.)




Current price per share

INR69.81

2. Growth of RUNGTA IRRIGATION LTD. (5 min.)




Is RUNGTA IRRIGATION LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$8m$7.9m$59.6k0.7%

How much money is RUNGTA IRRIGATION LTD. making?

Current yearPrevious yearGrowGrow %
Making money$4.9k$99.3k-$94.3k-1,898.1%
Net Profit Margin0.2%5.7%--

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

3. Financial Health of RUNGTA IRRIGATION LTD. (5 min.)






Fundamentals of RUNGTA IRRIGATION LTD.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of RUNGTA IRRIGATION LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit RUNGTA IRRIGATION LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare RUNGTA IRRIGATION LTD. to the  industry mean.
  • A Net Profit Margin of 0.2% means that ₹0.00 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 0.2%. The company is not making a profit/loss.
  • The TTM is 0.2%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY5.7%-5.5%
TTM0.2%5Y2.0%-1.8%
5Y2.0%10Y2.0%0.0%
1.1.2. Return on Assets

Shows how efficient RUNGTA IRRIGATION LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare RUNGTA IRRIGATION LTD. to the  industry mean.
  • 0.0% Return on Assets means that RUNGTA IRRIGATION LTD. generated ₹0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 0.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.0%TTM0.0%0.0%
TTM0.0%YOY0.9%-0.8%
TTM0.0%5Y0.3%-0.3%
5Y0.3%10Y0.3%0.0%
1.1.3. Return on Equity

Shows how efficient RUNGTA IRRIGATION LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare RUNGTA IRRIGATION LTD. to the  industry mean.
  • 0.1% Return on Equity means RUNGTA IRRIGATION LTD. generated ₹0.00 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY1.2%-1.2%
TTM0.1%5Y0.5%-0.4%
5Y0.5%10Y0.5%0.0%

1.2. Operating Efficiency of RUNGTA IRRIGATION LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient RUNGTA IRRIGATION LTD. is operating .

  • Measures how much profit RUNGTA IRRIGATION 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 RUNGTA IRRIGATION LTD. to the  industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient RUNGTA IRRIGATION LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are ₹1.70 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 1.698. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.696. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.698TTM1.696+0.002
TTM1.696YOY1.443+0.253
TTM1.6965Y1.612+0.084
5Y1.61210Y1.6120.000

1.3. Liquidity of RUNGTA IRRIGATION LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if RUNGTA IRRIGATION LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 2.17 means the company has ₹2.17 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 2.172. The company is able to pay all its short-term debts. +1
  • The TTM is 2.147. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.172TTM2.147+0.025
TTM2.147YOY2.610-0.464
TTM2.1475Y2.301-0.155
5Y2.30110Y2.3010.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare RUNGTA IRRIGATION LTD. to the  industry mean.
  • A Quick Ratio of 0.90 means the company can pay off ₹0.90 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 0.901. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.962. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.901TTM0.962-0.061
TTM0.962YOY1.221-0.258
TTM0.9625Y1.048-0.086
5Y1.04810Y1.0480.000

1.4. Solvency of RUNGTA IRRIGATION LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of RUNGTA IRRIGATION LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare RUNGTA IRRIGATION LTD. to industry mean.
  • A Debt to Asset Ratio of 0.37 means that RUNGTA IRRIGATION LTD. assets are financed with 37.0% credit (debt) and the remaining percentage (100% - 37.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 0.370. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.366. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.370TTM0.366+0.004
TTM0.366YOY0.309+0.057
TTM0.3665Y0.347+0.019
5Y0.34710Y0.3470.000
1.4.2. Debt to Equity Ratio

Measures if RUNGTA IRRIGATION LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare RUNGTA IRRIGATION LTD. to the  industry mean.
  • A Debt to Equity ratio of 58.7% means that company has ₹0.59 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 0.587. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.577. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.587TTM0.577+0.010
TTM0.577YOY0.448+0.129
TTM0.5775Y0.534+0.043
5Y0.53410Y0.5340.000

2. Market Valuation of RUNGTA IRRIGATION LTD.

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings RUNGTA IRRIGATION LTD. generates.

  • Above 15 is considered overpriced but always compare RUNGTA IRRIGATION LTD. to the  industry mean.
  • A PE ratio of 2,040.51 means the investor is paying ₹2,040.51 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of RUNGTA IRRIGATION LTD.:

  • The EOD is 3,193.894. Seems overpriced? -1
  • The MRQ is 2,040.505. Seems overpriced? -1
  • The TTM is 1,446.788. Seems overpriced? -1
Trends
Current periodCompared to+/- 
EOD3,193.894MRQ2,040.505+1,153.389
MRQ2,040.505TTM1,446.788+593.717
TTM1,446.788YOY39.639+1,407.149
TTM1,446.7885Y977.739+469.050
5Y977.73910Y977.7390.000
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of RUNGTA IRRIGATION LTD..

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of RUNGTA IRRIGATION LTD.:

  • The MRQ is 2,921.907. Seems overpriced? -1
  • The TTM is 8,697.961. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ2,921.907TTM8,697.961-5,776.054
TTM8,697.9615Y8,697.9610.000
5Y8,697.96110Y8,697.9610.000

2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 1.04 means the investor is paying ₹1.04 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of RUNGTA IRRIGATION LTD.:

  • The EOD is 1.621. Good. +1
  • The MRQ is 1.035. Good. +1
  • The TTM is 0.830. Very good. +2
Trends
Current periodCompared to+/- 
EOD1.621MRQ1.035+0.585
MRQ1.035TTM0.830+0.205
TTM0.830YOY0.494+0.336
TTM0.8305Y0.718+0.112
5Y0.71810Y0.7180.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of RUNGTA IRRIGATION 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--0.3160.238+33%42.596-99%14.358-98%14.358-98%
Book Value Growth--1.0071.006+0%--1.006+0%1.006+0%
Book Value Per Share--43.07342.915+0%42.596+1%42.809+1%42.809+1%
Book Value Per Share Growth--1.0071.006+0%--1.006+0%1.006+0%
Current Ratio--2.1722.147+1%2.610-17%2.301-6%2.301-6%
Debt To Asset Ratio--0.3700.366+1%0.309+20%0.347+7%0.347+7%
Debt To Equity Ratio--0.5870.577+2%0.448+31%0.534+10%0.534+10%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0220.027-18%0.531-96%0.195-89%0.195-89%
Eps Growth--0.6980.379+84%--0.379+84%0.379+84%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Net Profit Margin--0.0020.002-12%0.057-97%0.020-92%0.020-92%
Operating Margin----0%-0%-0%-0%
Operating Ratio--1.6981.696+0%1.443+18%1.612+5%1.612+5%
Pb Ratio1.621+36%1.0350.830+25%0.494+110%0.718+44%0.718+44%
Pe Ratio3193.894+36%2040.5051446.788+41%39.639+5048%977.739+109%977.739+109%
Peg Ratio--2921.9078697.961-66%--8697.961-66%8697.961-66%
Price Per Share69.810+36%44.60035.650+25%21.050+112%30.783+45%30.783+45%
Price To Total Gains Ratio220.990+36%141.185153.602-8%0.494+28470%102.566+38%102.566+38%
Profit Growth--0.6980.379+84%--0.379+84%0.379+84%
Quick Ratio--0.9010.962-6%1.221-26%1.048-14%1.048-14%
Return On Assets--0.0000.000-19%0.009-96%0.003-90%0.003-90%
Return On Equity--0.0010.001-18%0.012-96%0.005-89%0.005-89%
Revenue Growth--0.8881.295-31%--1.295-31%1.295-31%
Total Gains Per Share--0.3160.238+33%42.596-99%14.358-98%14.358-98%
Total Gains Per Share Growth--1.9640.984+100%--0.984+100%0.984+100%
Usd Book Value--8059483.3008029929.050+0%7970282.100+1%8010046.733+1%8010046.733+1%
Usd Book Value Change Per Share--0.0040.003+33%0.515-99%0.174-98%0.174-98%
Usd Book Value Per Share--0.5210.519+0%0.515+1%0.518+1%0.518+1%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.000-18%0.006-96%0.002-89%0.002-89%
Usd Free Cash Flow----0%-0%-0%-0%
Usd Price Per Share0.845+36%0.5400.431+25%0.255+112%0.372+45%0.372+45%
Usd Profit--4089.8004973.100-18%99365.200-96%36437.133-89%36437.133-89%
Usd Revenue--2636553.7002802166.400-6%1743779.400+51%2449370.733+8%2449370.733+8%
Usd Total Gains Per Share--0.0040.003+33%0.515-99%0.174-98%0.174-98%
 EOD+2 -3MRQTTM+15 -16YOY+6 -185Y+12 -1910Y+12 -19

3.2. Fundamental Score

Let's check the fundamental score of RUNGTA IRRIGATION LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153,193.894
Price to Book Ratio (EOD)Between0-11.621
Net Profit Margin (MRQ)Greater than00.002
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.901
Current Ratio (MRQ)Greater than12.172
Debt to Asset Ratio (MRQ)Less than10.370
Debt to Equity Ratio (MRQ)Less than10.587
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.000
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of RUNGTA IRRIGATION LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.358
Ma 20Greater thanMa 5073.383
Ma 50Greater thanMa 10079.718
Ma 100Greater thanMa 20060.487
OpenGreater thanClose66.000
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2022-09-30. Currency in INR. All numbers in thousands.

Summary
Total Assets1,057,076
Total Liabilities391,003
Total Stockholder Equity666,073
 As reported
Total Liabilities 391,003
Total Stockholder Equity+ 666,073
Total Assets = 1,057,076

Assets

Total Assets1,057,076
Total Current Assets756,951
Long-term Assets756,951
Total Current Assets
Cash And Cash Equivalents 1,275
Short-term Investments 223
Net Receivables 313,678
Inventory 235,676
Other Current Assets 123,890
Total Current Assets  (as reported)756,951
Total Current Assets  (calculated)674,742
+/- 82,209
Long-term Assets
Intangible Assets 1,852
Long-term Assets  (as reported)300,125
Long-term Assets  (calculated)1,852
+/- 298,273

Liabilities & Shareholders' Equity

Total Current Liabilities348,505
Long-term Liabilities42,498
Total Stockholder Equity666,073
Total Current Liabilities
Short Long Term Debt 199,018
Accounts payable 35,920
Other Current Liabilities 107,031
Total Current Liabilities  (as reported)348,505
Total Current Liabilities  (calculated)341,969
+/- 6,536
Long-term Liabilities
Long term Debt 37,957
Long-term Liabilities  (as reported)42,498
Long-term Liabilities  (calculated)37,957
+/- 4,541
Total Stockholder Equity
Total Stockholder Equity (as reported)666,073
Total Stockholder Equity (calculated)0
+/- 666,073
Other
Capital Stock88,561
Common Stock Shares Outstanding 15,464
Net Debt 235,700
Net Invested Capital 903,048
Net Working Capital 408,446



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-09-302022-03-312021-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
0
0
0
0
953,690
1,036,313
1,057,076
1,057,0761,036,313953,6900000
   > Total Current Assets 
657,443
0
624,795
0
698,196
762,470
756,951
756,951762,470698,1960624,7950657,443
       Cash And Cash Equivalents 
0
0
0
0
744
987
1,275
1,2759877440000
       Short-term Investments 
0
0
0
0
223
123
223
2231232230000
       Net Receivables 
481,948
0
381,808
0
326,268
367,841
313,678
313,678367,841326,2680381,8080481,948
       Inventory 
109,292
0
90,201
0
151,126
186,596
235,676
235,676186,596151,126090,2010109,292
       Other Current Assets 
49,032
0
98,652
0
112,873
5,484
123,890
123,8905,484112,873098,652049,032
   > Long-term Assets 
0
0
0
0
255,494
273,843
300,125
300,125273,843255,4940000
       Property Plant Equipment 
87,236
0
75,727
0
0
0
0
000075,727087,236
       Intangible Assets 
0
0
0
0
1,251
1,648
1,852
1,8521,6481,2510000
> Total Liabilities 
0
0
0
0
294,989
375,125
391,003
391,003375,125294,9890000
   > Total Current Liabilities 
219,558
0
194,316
0
267,467
359,460
348,505
348,505359,460267,4670194,3160219,558
       Short Long Term Debt 
0
0
0
0
145,017
222,883
199,018
199,018222,883145,0170000
       Accounts payable 
21,999
0
24,283
0
16,336
10,556
35,920
35,92010,55616,336024,283021,999
       Other Current Liabilities 
50,705
0
40,242
0
83,208
1,820
107,031
107,0311,82083,208040,242050,705
   > Long-term Liabilities 
0
0
0
0
27,522
15,665
42,498
42,49815,66527,5220000
> Total Stockholder Equity
0
0
0
0
658,701
661,188
666,073
666,073661,188658,7010000
   Retained Earnings 
0
0
252,898
0
0
151,247
0
0151,24700252,89800
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2022-03-31)

Gross Profit (+$)
totalRevenue702,584
Cost of Revenue-485,514
Gross Profit217,070217,070
 
Operating Income (+$)
Gross Profit217,070
Operating Expense-681,937
Operating Income20,647-464,867
 
Operating Expense (+$)
Research Development-
Selling General Administrative61,671
Selling And Marketing Expenses-
Operating Expense681,93761,671
 
Net Interest Income (+$)
Interest Income15,008
Interest Expense-10,721
Other Finance Cost-1,047
Net Interest Income3,240
 
Pretax Income (+$)
Operating Income20,647
Net Interest Income3,240
Other Non-Operating Income Expenses-
Income Before Tax (EBT)17,39820,647
EBIT - interestExpense = -10,721
12,772
23,493
Interest Expense10,721
Earnings Before Interest and Taxes (EBIT)-28,119
Earnings Before Interest and Taxes (EBITDA)40,638
 
After tax Income (+$)
Income Before Tax17,398
Tax Provision-4,626
Net Income From Continuing Ops12,77212,772
Net Income12,772
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--3,240
 

Technicals of RUNGTA IRRIGATION LTD.

1. Trend Indicators

1.1 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.

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

RUNGTA IRRIGATION LTD. Daily Moving Averages ChartRUNGTA IRRIGATION LTD. Daily Moving Averages Chart
1.2 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.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of RUNGTA IRRIGATION LTD.:

  • The Moving Average Convergence/Divergence (MACD) is -2.355. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
  • The MACD is lower than the signal line. This is a bearish indication. -1
RUNGTA IRRIGATION LTD. Daily Moving Average Convergence/Divergence (MACD) ChartRUNGTA IRRIGATION LTD. Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 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. Let's take a look of the ADX of RUNGTA IRRIGATION LTD.:

  • The ADX is 20.227. Absent or Weak Trend. -1
  • The ADX is rising, a new trend could be forming. +1
  • The +DI is lower than the -DI. The current trend is down. -2
RUNGTA IRRIGATION LTD. Daily Directional Movement Index (DMI) ChartRUNGTA IRRIGATION LTD. Daily Directional Movement Index (DMI) Chart
1.4 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..
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • RUNGTA IRRIGATION LTD. Daily Parabolic SAR ChartRUNGTA IRRIGATION LTD. Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 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
    • The RSI is below 50. -1
    RUNGTA IRRIGATION LTD. Daily Relative Strength Index (RSI) ChartRUNGTA IRRIGATION LTD. Daily Relative Strength Index (RSI) Chart
    2.2 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
    • The Stochastic is below 50. -1
    RUNGTA IRRIGATION LTD. Daily Stochastic Oscillator ChartRUNGTA IRRIGATION LTD. Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    RUNGTA IRRIGATION LTD. Daily Commodity Channel Index (CCI) ChartRUNGTA IRRIGATION LTD. Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    RUNGTA IRRIGATION LTD. Daily Chande Momentum Oscillator (CMO) ChartRUNGTA IRRIGATION LTD. Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    RUNGTA IRRIGATION LTD. Daily Williams %R ChartRUNGTA IRRIGATION LTD. Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    RUNGTA IRRIGATION LTD. Daily Bollinger Bands ChartRUNGTA IRRIGATION LTD. Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    RUNGTA IRRIGATION LTD. Daily Average True Range (ATR) ChartRUNGTA IRRIGATION LTD. Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    RUNGTA IRRIGATION LTD. Daily On-Balance Volume (OBV) ChartRUNGTA IRRIGATION LTD. Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    RUNGTA IRRIGATION LTD. Daily Money Flow Index (MFI) ChartRUNGTA IRRIGATION LTD. Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for RUNGTA IRRIGATION LTD..

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-05-22MACD SHORT ENTRY LONG CLOSE
    2023-05-24SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    2023-05-29STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    2023-06-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
    WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

    5.2. Technical Score

    Let's check the technical score of RUNGTA IRRIGATION LTD. based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5045.358
    Ma 20Greater thanMa 5073.383
    Ma 50Greater thanMa 10079.718
    Ma 100Greater thanMa 20060.487
    OpenGreater thanClose66.000
    Total2/5 (40.0%)

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