25 XP   0   0   10

ScandiDos AB
Buy, Hold or Sell?

Let's analyse Scandidos together

PenkeI guess you are interested in ScandiDos 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 ScandiDos 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.

Get notifications about ScandiDos AB

I send you an email if I find something interesting about ScandiDos AB.

Quick analysis of Scandidos (30 sec.)










What can you expect buying and holding a share of Scandidos? (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?
0.0%

What is your share worth?

Current worth
kr0.75
Expected worth in 1 year
kr0.63
How sure are you?
22.5%

+ What do you gain per year?

Total Gains per Share
kr-0.12
Return On Investment
-6.7%

For what price can you sell your share?

Current Price per Share
kr1.80
Expected price per share
kr1.48 - kr1.99
How sure are you?
50%

1. Valuation of Scandidos (5 min.)




Live pricePrice per Share (EOD)

kr1.80

Intrinsic Value Per Share

kr0.35 - kr3.36

Total Value Per Share

kr1.10 - kr4.11

2. Growth of Scandidos (5 min.)




Is Scandidos growing?

Current yearPrevious yearGrowGrow %
How rich?$3.2m$3.2m$254.8k7.2%

How much money is Scandidos making?

Current yearPrevious yearGrowGrow %
Making money-$160.4k-$394.2k$233.7k145.7%
Net Profit Margin-13.9%-36.9%--

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

3. Financial Health of Scandidos (5 min.)




4. Comparing to competitors in the Medical Devices industry (5 min.)




  Industry Rankings (Medical Devices)  


Richest
#278 / 340

Most Revenue
#262 / 340

Most Profit
#125 / 340

Most Efficient
#165 / 340

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

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

What can you expect buying and holding a share of Scandidos?

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

Speculation

The Price per Share of Scandidos is kr1.795. 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 Scandidos.
  • 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 Scandidos, 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 kr0.75. Based on the TTM, the Book Value Change Per Share is kr-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is kr0.00 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 kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Scandidos.

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 Eps0.00-0.1%0.00-0.2%-0.01-0.3%0.00-0.2%-0.01-0.3%
Usd Book Value Change Per Share0.00-0.2%0.00-0.2%0.000.0%0.000.0%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.2%0.00-0.2%0.000.0%0.000.0%0.000.1%
Usd Price Per Share0.18-0.21-0.22-0.28-0.42-
Price to Earnings Ratio-18.57--6.18--20.26--21.60--29.08-
Price-to-Total Gains Ratio-55.47--26.89--37.73--74.03--75.90-
Price to Book Ratio2.58-2.73-3.07-3.33-5.23-
Price-to-Total Gains Ratio-55.47--26.89--37.73--74.03--75.90-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.16873
Number of shares5926
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 (5926 shares)-16.641.46
Gains per Year (5926 shares)-66.565.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-67-7706-4
20-133-1440122
30-200-2110178
40-266-27802314
50-333-34502920
60-399-41203526
70-466-47904132
80-533-54604738
90-599-61305244
100-666-68005850

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%2.018.00.010.0%3.037.00.07.5%4.039.00.09.3%
Book Value Change Per Share1.03.00.025.0%2.09.01.016.7%4.015.01.020.0%9.030.01.022.5%10.030.03.023.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.043.00.0%
Total Gains per Share1.03.00.025.0%2.09.01.016.7%4.015.01.020.0%9.030.01.022.5%10.030.03.023.3%

Fundamentals of Scandidos

About ScandiDos AB

ScandiDos AB (publ) engages in the provision of measurement systems and software designed for the QA and validation of new dynamic and modulated treatments implemented in clinics worldwide. It offers Delta4 Discover and Delta4 Phantom+ for the QA of advanced radiation therapy procedures such as VMAT, RapidArc, IMRT, and Tomotherapy. The company was incorporated in 2001 and is headquartered in Uppsala, Sweden.

Fundamental data was last updated by Penke on 2024-03-08 12:42:02.

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 just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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 ScandiDos AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Scandidos earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Scandidos to the Medical Devices industry mean.
  • A Net Profit Margin of -7.2% means that kr-0.07 for each kr1 in revenue is generated as profit.

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

  • The MRQ is -7.2%. The company is making a loss. -1
  • The TTM is -13.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-7.2%TTM-13.9%+6.7%
TTM-13.9%YOY-36.9%+23.1%
TTM-13.9%5Y-18.6%+4.7%
5Y-18.6%10Y-33.4%+14.9%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.2%-11.0%+3.8%
TTM-13.9%-20.2%+6.3%
YOY-36.9%-14.0%-22.9%
5Y-18.6%-19.5%+0.9%
10Y-33.4%-23.8%-9.6%
1.1.2. Return on Assets

Shows how efficient Scandidos is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Scandidos to the Medical Devices industry mean.
  • -1.7% Return on Assets means that Scandidos generated kr-0.02 profit for each $1 in assets.

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

  • The MRQ is -1.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.7%TTM-2.4%+0.8%
TTM-2.4%YOY-6.4%+4.0%
TTM-2.4%5Y-3.3%+0.9%
5Y-3.3%10Y-4.9%+1.5%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.7%-3.1%+1.4%
TTM-2.4%-4.2%+1.8%
YOY-6.4%-4.0%-2.4%
5Y-3.3%-3.8%+0.5%
10Y-4.9%-4.1%-0.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Scandidos to the Medical Devices industry mean.
  • -3.5% Return on Equity means Scandidos generated kr-0.03 for each kr1 the owners (shareholders) invested.

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

  • The MRQ is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -4.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM-4.9%+1.5%
TTM-4.9%YOY-13.5%+8.5%
TTM-4.9%5Y-6.3%+1.3%
5Y-6.3%10Y-8.0%+1.8%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.5%-3.5%+0.0%
TTM-4.9%-4.4%-0.5%
YOY-13.5%-4.7%-8.8%
5Y-6.3%-5.7%-0.6%
10Y-8.0%-6.2%-1.8%

1.2. Operating Efficiency of ScandiDos AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Scandidos is operating .

  • Measures how much profit Scandidos 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 Scandidos to the Medical Devices industry mean.
  • An Operating Margin of -5.3% means the company generated kr-0.05  for each kr1 in revenue (before taxes).

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

  • The MRQ is -5.3%. The company is operating very inefficient. -2
  • The TTM is -12.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-5.3%TTM-12.4%+7.0%
TTM-12.4%YOY-36.5%+24.1%
TTM-12.4%5Y-17.7%+5.3%
5Y-17.7%10Y-32.4%+14.7%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.3%-24.5%+19.2%
TTM-12.4%-14.9%+2.5%
YOY-36.5%-11.5%-25.0%
5Y-17.7%-17.1%-0.6%
10Y-32.4%-20.6%-11.8%
1.2.2. Operating Ratio

Measures how efficient Scandidos is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Devices industry mean).
  • An Operation Ratio of 1.06 means that the operating costs are kr1.06 for each kr1 in net sales.

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

  • The MRQ is 1.063. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.118. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.063TTM1.118-0.056
TTM1.118YOY1.379-0.261
TTM1.1185Y1.176-0.058
5Y1.17610Y1.328-0.152
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0631.454-0.391
TTM1.1181.452-0.334
YOY1.3791.434-0.055
5Y1.1761.432-0.256
10Y1.3281.366-0.038

1.3. Liquidity of ScandiDos AB.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Medical Devices industry mean).
  • A Current Ratio of 1.13 means the company has kr1.13 in assets for each kr1 in short-term debts.

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

  • The MRQ is 1.125. The company is just able to pay all its short-term debts.
  • The TTM is 1.251. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.125TTM1.251-0.126
TTM1.251YOY1.140+0.112
TTM1.2515Y1.343-0.092
5Y1.34310Y1.520-0.177
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1252.789-1.664
TTM1.2512.793-1.542
YOY1.1403.586-2.446
5Y1.3433.492-2.149
10Y1.5203.450-1.930
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Scandidos to the Medical Devices industry mean.
  • A Quick Ratio of 0.46 means the company can pay off kr0.46 for each kr1 in debt (using most liquid assets).

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

  • The MRQ is 0.461. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.522. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.461TTM0.522-0.062
TTM0.522YOY0.347+0.175
TTM0.5225Y0.454+0.068
5Y0.45410Y0.465-0.011
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4611.587-1.126
TTM0.5221.633-1.111
YOY0.3472.155-1.808
5Y0.4542.300-1.846
10Y0.4652.255-1.790

1.4. Solvency of ScandiDos AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Scandidos assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Scandidos to Medical Devices industry mean.
  • A Debt to Asset Ratio of 0.52 means that Scandidos assets are financed with 51.7% credit (debt) and the remaining percentage (100% - 51.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.517. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.471. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.517TTM0.471+0.047
TTM0.471YOY0.483-0.012
TTM0.4715Y0.431+0.040
5Y0.43110Y0.380+0.051
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5170.400+0.117
TTM0.4710.386+0.085
YOY0.4830.330+0.153
5Y0.4310.440-0.009
10Y0.3800.460-0.080
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Scandidos to the Medical Devices industry mean.
  • A Debt to Equity ratio of 107.2% means that company has kr1.07 debt for each kr1 in shareholders equity.

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

  • The MRQ is 1.072. The company is able to pay all its debts with equity. +1
  • The TTM is 0.899. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ1.072TTM0.899+0.172
TTM0.899YOY0.955-0.055
TTM0.8995Y0.792+0.107
5Y0.79210Y0.653+0.139
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0720.570+0.502
TTM0.8990.569+0.330
YOY0.9550.479+0.476
5Y0.7920.626+0.166
10Y0.6530.692-0.039

2. Market Valuation of ScandiDos 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 Scandidos generates.

  • Above 15 is considered overpriced but always compare Scandidos to the Medical Devices industry mean.
  • A PE ratio of -18.57 means the investor is paying kr-18.57 for every kr1 in earnings.

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

  • The EOD is -17.185. Based on the earnings, the company is expensive. -2
  • The MRQ is -18.573. Based on the earnings, the company is expensive. -2
  • The TTM is -6.178. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-17.185MRQ-18.573+1.388
MRQ-18.573TTM-6.178-12.395
TTM-6.178YOY-20.258+14.081
TTM-6.1785Y-21.597+15.419
5Y-21.59710Y-29.083+7.486
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD-17.185-1.038-16.147
MRQ-18.573-1.216-17.357
TTM-6.178-1.757-4.421
YOY-20.258-2.588-17.670
5Y-21.597-1.553-20.044
10Y-29.083-1.463-27.620
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 4.445. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.805. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -28.382. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD4.445MRQ4.805-0.359
MRQ4.805TTM-28.382+33.187
TTM-28.382YOY-4.317-24.065
TTM-28.3825Y-1.768-26.614
5Y-1.76810Y-8.102+6.334
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD4.445-1.228+5.673
MRQ4.805-1.746+6.551
TTM-28.382-2.961-25.421
YOY-4.317-6.157+1.840
5Y-1.768-4.928+3.160
10Y-8.102-5.626-2.476
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Medical Devices industry mean).
  • A PB ratio of 2.58 means the investor is paying kr2.58 for each kr1 in book value.

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

  • The EOD is 2.388. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.581. Based on the equity, the company is underpriced. +1
  • The TTM is 2.735. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.388MRQ2.581-0.193
MRQ2.581TTM2.735-0.153
TTM2.735YOY3.070-0.335
TTM2.7355Y3.331-0.597
5Y3.33110Y5.226-1.895
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD2.3882.038+0.350
MRQ2.5812.321+0.260
TTM2.7352.444+0.291
YOY3.0703.047+0.023
5Y3.3313.918-0.587
10Y5.2264.245+0.981
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ScandiDos 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---0.035-0.030-15%-0.002-95%0.003-1436%0.013-365%
Book Value Per Share--0.7520.820-8%0.760-1%0.893-16%0.859-12%
Current Ratio--1.1251.251-10%1.140-1%1.343-16%1.520-26%
Debt To Asset Ratio--0.5170.471+10%0.483+7%0.431+20%0.380+36%
Debt To Equity Ratio--1.0720.899+19%0.955+12%0.792+35%0.653+64%
Dividend Per Share----0%-0%-0%-0%
Eps---0.026-0.037+43%-0.062+137%-0.045+71%-0.061+134%
Free Cash Flow Per Share--0.101-0.016+115%-0.141+240%-0.049+149%-0.071+171%
Free Cash Flow To Equity Per Share---0.0300.121-125%-0.059+97%0.018-263%0.010-390%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--3.357--------
Intrinsic Value_10Y_min--0.350--------
Intrinsic Value_1Y_max---0.155--------
Intrinsic Value_1Y_min---0.232--------
Intrinsic Value_3Y_max---0.092--------
Intrinsic Value_3Y_min---0.470--------
Intrinsic Value_5Y_max--0.423--------
Intrinsic Value_5Y_min---0.457--------
Market Cap81867975.500-8%88481266.000101935891.500-13%104728658.625-16%134460354.668-34%202184746.011-56%
Net Profit Margin---0.072-0.139+93%-0.369+414%-0.186+158%-0.334+365%
Operating Margin---0.053-0.124+132%-0.365+583%-0.177+231%-0.324+507%
Operating Ratio--1.0631.118-5%1.379-23%1.176-10%1.328-20%
Pb Ratio2.388-8%2.5812.735-6%3.070-16%3.331-23%5.226-51%
Pe Ratio-17.185+7%-18.573-6.178-67%-20.258+9%-21.597+16%-29.083+57%
Price Per Share1.795-8%1.9402.235-13%2.295-15%2.948-34%4.433-56%
Price To Free Cash Flow Ratio4.445-8%4.805-28.382+691%-4.317+190%-1.768+137%-8.102+269%
Price To Total Gains Ratio-51.328+7%-55.474-26.886-52%-37.728-32%-74.028+33%-75.899+37%
Quick Ratio--0.4610.522-12%0.347+33%0.454+1%0.465-1%
Return On Assets---0.017-0.024+45%-0.064+282%-0.033+99%-0.049+190%
Return On Equity---0.035-0.049+42%-0.135+288%-0.063+80%-0.080+131%
Total Gains Per Share---0.035-0.030-15%-0.002-95%0.003-1436%0.013-365%
Usd Book Value--3222226.0003517221.500-8%3262387.500-1%3830363.700-16%3681937.700-12%
Usd Book Value Change Per Share---0.003-0.003-15%0.000-95%0.000-1436%0.001-365%
Usd Book Value Per Share--0.0710.077-8%0.071-1%0.084-16%0.081-12%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.004+43%-0.006+137%-0.004+71%-0.006+134%
Usd Free Cash Flow--432776.000-66646.000+115%-604514.000+240%-211015.900+149%-305453.000+171%
Usd Free Cash Flow Per Share--0.009-0.001+115%-0.013+240%-0.005+149%-0.007+171%
Usd Free Cash Flow To Equity Per Share---0.0030.011-125%-0.006+97%0.002-263%0.001-390%
Usd Market Cap7695589.697-8%8317239.0049581973.801-13%9844493.911-16%12639273.339-34%19005366.125-56%
Usd Price Per Share0.169-8%0.1820.210-13%0.216-15%0.277-34%0.417-56%
Usd Profit---111954.000-160434.500+43%-394212.500+252%-217276.300+94%-274677.400+145%
Usd Revenue--1557674.0001494106.500+4%1240635.500+26%1370642.200+14%1155769.950+35%
Usd Total Gains Per Share---0.003-0.003-15%0.000-95%0.000-1436%0.001-365%
 EOD+4 -4MRQTTM+15 -18YOY+17 -165Y+16 -1710Y+15 -18

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-17.185
Price to Book Ratio (EOD)Between0-12.388
Net Profit Margin (MRQ)Greater than0-0.072
Operating Margin (MRQ)Greater than0-0.053
Quick Ratio (MRQ)Greater than10.461
Current Ratio (MRQ)Greater than11.125
Debt to Asset Ratio (MRQ)Less than10.517
Debt to Equity Ratio (MRQ)Less than11.072
Return on Equity (MRQ)Greater than0.15-0.035
Return on Assets (MRQ)Greater than0.05-0.017
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.896
Ma 20Greater thanMa 501.973
Ma 50Greater thanMa 1002.047
Ma 100Greater thanMa 2001.999
OpenGreater thanClose1.550
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-10-31. Currency in SEK. All numbers in thousands.

Summary
Total Assets71,014
Total Liabilities36,735
Total Stockholder Equity34,279
 As reported
Total Liabilities 36,735
Total Stockholder Equity+ 34,279
Total Assets = 71,014

Assets

Total Assets71,014
Total Current Assets41,335
Long-term Assets29,679
Total Current Assets
Cash And Cash Equivalents 1,806
Net Receivables 15,113
Inventory 22,645
Other Current Assets 1,771
Total Current Assets  (as reported)41,335
Total Current Assets  (calculated)41,335
+/-0
Long-term Assets
Property Plant Equipment 161
Intangible Assets 29,322
Long-term Assets Other 196
Long-term Assets  (as reported)29,679
Long-term Assets  (calculated)29,679
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities36,735
Long-term Liabilities0
Total Stockholder Equity34,279
Total Current Liabilities
Short-term Debt 154
Short Long Term Debt 154
Accounts payable 2,887
Other Current Liabilities 11,870
Total Current Liabilities  (as reported)36,735
Total Current Liabilities  (calculated)15,065
+/- 21,670
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock2,280
Retained Earnings -159,456
Other Stockholders Equity 191,455
Total Stockholder Equity (as reported)34,279
Total Stockholder Equity (calculated)34,279
+/-0
Other
Capital Stock2,280
Cash and Short Term Investments 1,806
Common Stock Shares Outstanding 45,609
Current Deferred Revenue21,824
Liabilities and Stockholders Equity 71,014
Net Debt -1,652
Net Invested Capital 34,433
Net Working Capital 4,600
Property Plant and Equipment Gross 161
Short Long Term Debt Total 154



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-312016-07-312016-04-302016-01-312015-10-312015-07-312015-04-302015-01-312014-10-312014-07-312014-04-302014-01-312013-10-312013-07-312013-04-302013-01-31
> Total Assets 
0
29,400
0
0
37,949
53,788
46,360
42,933
44,290
43,429
54,790
53,734
54,783
57,490
51,590
69,242
65,853
63,486
58,389
68,071
66,730
66,126
59,277
57,644
61,339
69,187
82,324
74,769
74,585
70,999
73,661
75,463
74,377
77,163
70,726
68,428
67,953
64,642
64,642
70,280
67,466
72,423
71,916
71,014
71,01471,91672,42367,46670,28064,64264,64267,95368,42870,72677,16374,37775,46373,66170,99974,58574,76982,32469,18761,33957,64459,27766,12666,73068,07158,38963,48665,85369,24251,59057,49054,78353,73454,79043,42944,29042,93346,36053,78837,9490029,4000
   > Total Current Assets 
0
12,810
0
0
16,304
31,248
22,100
17,269
16,272
13,794
24,402
22,104
22,288
25,670
20,307
38,695
35,568
33,730
29,128
39,046
37,699
37,132
30,594
29,586
33,511
35,823
49,255
41,952
42,011
37,963
40,964
42,592
41,364
43,984
37,596
35,567
35,089
34,733
34,733
40,857
38,470
42,561
41,951
41,335
41,33541,95142,56138,47040,85734,73334,73335,08935,56737,59643,98441,36442,59240,96437,96342,01141,95249,25535,82333,51129,58630,59437,13237,69939,04629,12833,73035,56838,69520,30725,67022,28822,10424,40213,79416,27217,26922,10031,24816,3040012,8100
       Cash And Cash Equivalents 
0
456
0
0
577
15,799
9,367
2,921
1,331
1,870
11,336
5,096
6,527
5,706
574
16,171
12,885
8,267
5,959
13,899
10,445
9,079
4,088
3,044
2,692
1,986
17,065
11,599
9,514
6,920
13,248
12,285
8,163
9,003
9,998
7,527
2,709
3,199
3,199
3,691
2,485
3,546
3,624
1,806
1,8063,6243,5462,4853,6913,1993,1992,7097,5279,9989,0038,16312,28513,2486,9209,51411,59917,0651,9862,6923,0444,0889,07910,44513,8995,9598,26712,88516,1715745,7066,5275,09611,3361,8701,3312,9219,36715,799577004560
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,374
11,333
14,171
6,209
6,060
8,523
5,904
5,904
10,794
11,587
15,328
15,301
15,113
15,11315,30115,32811,58710,7945,9045,9048,5236,0606,20914,17111,3338,3740000000000000000000000000000000
       Other Current Assets 
0
7,343
0
0
8,391
6,879
3,800
6,160
7,232
4,308
3,289
6,772
5,019
8,388
7,293
9,590
11,047
10,570
7,312
8,847
10,427
12,916
8,678
7,772
12,303
16,775
12,432
10,519
12,370
10,955
7,901
10,639
14,001
15,621
8,452
7,854
12,650
9,548
9,548
2,961
2,611
5,034
4,387
1,771
1,7714,3875,0342,6112,9619,5489,54812,6507,8548,45215,62114,00110,6397,90110,95512,37010,51912,43216,77512,3037,7728,67812,91610,4278,8477,31210,57011,0479,5907,2938,3885,0196,7723,2894,3087,2326,1603,8006,8798,391007,3430
   > Long-term Assets 
0
16,590
0
0
21,645
22,540
24,260
25,664
28,018
29,635
30,388
31,630
32,495
31,820
31,283
30,547
30,285
29,756
29,261
29,025
29,031
28,994
28,683
28,058
27,828
33,364
33,069
32,817
32,574
33,036
32,697
32,871
33,013
33,179
33,130
32,861
32,864
29,909
29,909
29,423
28,996
29,862
29,965
29,679
29,67929,96529,86228,99629,42329,90929,90932,86432,86133,13033,17933,01332,87132,69733,03632,57432,81733,06933,36427,82828,05828,68328,99429,03129,02529,26129,75630,28530,54731,28331,82032,49531,63030,38829,63528,01825,66424,26022,54021,6450016,5900
       Property Plant Equipment 
0
911
0
0
697
629
561
497
468
408
349
310
277
251
210
172
186
153
150
132
147
134
126
117
109
123
114
105
96
173
161
150
205
218
193
239
239
203
203
187
212
195
178
161
16117819521218720320323923919321820515016117396105114123109117126134147132150153186172210251277310349408468497561629697009110
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,366
30,090
0
0
28,885
28,876
28,701
28,398
27,781
27,326
32,848
32,562
32,319
32,084
32,469
32,144
32,258
32,346
32,499
32,475
32,160
32,108
29,188
29,188
28,766
28,255
29,184
29,309
29,322
29,32229,30929,18428,25528,76629,18829,18832,10832,16032,47532,49932,34632,25832,14432,46932,08432,31932,56232,84827,32627,78128,39828,70128,87628,8850030,09030,366000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
32,808
32,961
32,937
32,622
32,625
30,600
29,706
29,236
28,784
0
29,787
0
029,787028,78429,23629,70630,60032,62532,62232,93732,96132,80800000000000000000000000000000000
> Total Liabilities 
0
19,191
0
0
17,243
13,305
11,090
10,944
13,706
18,086
15,060
15,437
18,155
25,491
25,035
19,057
19,193
19,483
19,106
17,743
19,451
19,547
21,259
25,752
31,988
40,569
26,568
23,091
24,518
24,741
28,460
28,951
28,529
31,983
28,753
28,393
28,890
34,669
34,669
30,464
29,604
30,769
36,042
36,735
36,73536,04230,76929,60430,46434,66934,66928,89028,39328,75331,98328,52928,95128,46024,74124,51823,09126,56840,56931,98825,75221,25919,54719,45117,74319,10619,48319,19319,05725,03525,49118,15515,43715,06018,08613,70610,94411,09013,30517,2430019,1910
   > Total Current Liabilities 
0
17,941
0
0
16,368
13,305
11,090
10,944
13,706
18,086
12,560
11,437
14,155
22,366
21,910
15,724
16,110
17,400
17,273
16,160
18,118
18,464
20,426
23,839
30,160
39,326
25,743
23,008
24,518
24,741
28,460
28,951
28,529
31,983
28,753
28,393
28,890
34,669
34,669
30,464
29,604
30,032
36,042
36,735
36,73536,04230,03229,60430,46434,66934,66928,89028,39328,75331,98328,52928,95128,46024,74124,51823,00825,74339,32630,16023,83920,42618,46418,11816,16017,27317,40016,11015,72421,91022,36614,15511,43712,56018,08613,70610,94411,09013,30516,3680017,9410
       Short-term Debt 
0
6,685
0
0
6,417
0
0
0
2,154
4,717
0
0
0
6,772
7,692
250
250
1,000
1,000
1,000
1,000
1,527
1,374
7,009
9,686
16,600
2,173
2,330
1,829
1,745
1,745
583
334
83
0
0
0
2,738
2,738
0
0
-10,946
6,118
154
1546,118-10,946002,7382,738000833345831,7451,7451,8292,3302,17316,6009,6867,0091,3741,5271,0001,0001,0001,0002502507,6926,7720004,7172,1540006,417006,6850
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
334
83
0
0
0
0
2,738
0
0
0
6,118
154
1546,1180002,73800008333400000000000000000000000000000000
       Accounts payable 
0
2,039
0
0
1,673
3,955
1,842
1,783
1,611
1,948
1,435
1,533
2,012
1,720
668
2,984
1,641
1,664
1,811
2,613
3,252
1,700
1,379
530
2,492
1,875
3,060
1,747
1,824
2,455
906
1,866
2,312
2,907
951
2,447
3,257
3,124
3,124
2,574
2,112
2,984
1,567
2,887
2,8871,5672,9842,1122,5743,1243,1243,2572,4479512,9072,3121,8669062,4551,8241,7473,0601,8752,4925301,3791,7003,2522,6131,8111,6641,6412,9846681,7202,0121,5331,4351,9481,6111,7831,8423,9551,673002,0390
       Other Current Liabilities 
0
9,217
0
0
8,278
9,350
9,248
9,161
9,941
11,421
11,125
9,904
12,143
13,874
13,550
12,490
14,219
14,736
14,462
12,547
13,866
15,237
17,673
16,300
17,982
20,851
20,510
18,931
20,865
20,541
25,809
26,502
25,883
28,993
27,802
25,946
25,633
28,807
28,807
27,890
27,492
27,048
6,807
11,870
11,8706,80727,04827,49227,89028,80728,80725,63325,94627,80228,99325,88326,50225,80920,54120,86518,93120,51020,85117,98216,30017,67315,23713,86612,54714,46214,73614,21912,49013,55013,87412,1439,90411,12511,4219,9419,1619,2489,3508,278009,2170
   > Long-term Liabilities 
0
1,250
0
0
875
0
0
0
0
0
2,500
4,000
4,000
3,125
3,125
3,333
3,083
2,083
1,833
1,583
1,333
1,083
833
1,913
1,828
1,243
825
83
0
0
0
0
0
0
0
0
0
5,862
5,862
2,574
2,112
737
0
0
007372,1122,5745,8625,862000000000838251,2431,8281,9138331,0831,3331,5831,8332,0833,0833,3333,1253,1254,0004,0002,50000000875001,2500
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
737
0
0
0073700000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
32,346
32,499
32,475
32,160
32,108
30,077
29,188
28,766
28,255
0
29,309
0
029,309028,25528,76629,18830,07732,10832,16032,47532,49932,34600000000000000000000000000000000
> Total Stockholder Equity
0
10,209
0
0
20,706
40,483
35,270
31,989
30,584
25,343
39,730
38,297
36,628
31,999
26,555
50,185
46,660
44,003
39,283
50,328
47,279
46,579
38,018
31,892
29,351
28,618
55,756
51,678
50,067
46,258
45,201
46,512
45,848
45,180
41,973
40,035
39,063
29,973
29,973
39,816
37,862
41,654
35,874
34,279
34,27935,87441,65437,86239,81629,97329,97339,06340,03541,97345,18045,84846,51245,20146,25850,06751,67855,75628,61829,35131,89238,01846,57947,27950,32839,28344,00346,66050,18526,55531,99936,62838,29739,73025,34330,58431,98935,27040,48320,7060010,2090
   Common Stock
0
183
0
0
203
599
599
599
599
599
898
898
898
898
898
1,257
1,257
1,257
1,257
1,382
1,382
1,382
1,382
1,382
1,382
1,382
2,073
2,073
2,073
2,073
2,073
2,073
2,073
2,073
2,073
2,073
2,073
2,073
2,073
2,280
2,280
2,280
2,280
2,280
2,2802,2802,2802,2802,2802,0732,0732,0732,0732,0732,0732,0732,0732,0732,0732,0732,0732,0731,3821,3821,3821,3821,3821,3821,3821,2571,2571,2571,257898898898898898599599599599599203001830
   Retained Earnings Total Equity00000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27,602
0
0
0027,60200000000000000000000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
142,430
142,430
123,815
146,894
146,894
146,894
148,984
148,984
161,110
161,110
188,883
191,441
0
0191,441188,883161,110161,110148,984148,984146,894146,894146,894123,815142,430142,4300000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
12,119
0
0
39,273
34,064
34,064
34,064
34,064
34,064
54,835
54,551
54,551
54,551
54,551
80,494
79,206
81,664
81,664
96,077
96,177
99,714
96,177
96,177
96,177
108,284
138,457
138,380
138,380
142,430
142,430
142,430
142,430
146,894
146,894
146,894
146,894
148,984
148,984
161,110
161,110
161,281
155,567
191,455
191,455155,567161,281161,110161,110148,984148,984146,894146,894146,894146,894142,430142,430142,430142,430138,380138,380138,457108,28496,17796,17796,17799,71496,17796,07781,66481,66479,20680,49454,55154,55154,55154,55154,83534,06434,06434,06434,06434,06439,2730012,1190



Balance Sheet

Currency in SEK. 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, 2023-04-30)

Gross Profit (+$)
totalRevenue61,550
Cost of Revenue-8,604
Gross Profit52,94652,946
 
Operating Income (+$)
Gross Profit52,946
Operating Expense-61,174
Operating Income-8,228-8,228
 
Operating Expense (+$)
Research Development5,260
Selling General Administrative36,343
Selling And Marketing Expenses0
Operating Expense61,17441,603
 
Net Interest Income (+$)
Interest Income891
Interest Expense-793
Other Finance Cost-862
Net Interest Income-764
 
Pretax Income (+$)
Operating Income-8,228
Net Interest Income-764
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-9,119-7,337
EBIT - interestExpense = -9,119
-9,217
-8,326
Interest Expense793
Earnings Before Interest and Taxes (EBIT)-8,326-8,326
Earnings Before Interest and Taxes (EBITDA)-3,000
 
After tax Income (+$)
Income Before Tax-9,119
Tax Provision-0
Net Income From Continuing Ops-9,119-9,119
Net Income-9,119
Net Income Applicable To Common Shares-9,119
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses69,778
Total Other Income/Expenses Net-891764
 

Technical Analysis of Scandidos
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 Scandidos. The general trend of Scandidos is BEARISH 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 Scandidos'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 ScandiDos AB.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.95 < 1.95 < 1.99.

The bearish price targets are: 1.51 > 1.48.

Tweet this
ScandiDos 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 ScandiDos AB. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower 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 down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below 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 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

ScandiDos 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 ScandiDos AB. The current macd is -0.1410197.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Scandidos price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Scandidos. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Scandidos price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
ScandiDos AB Daily Moving Average Convergence/Divergence (MACD) ChartScandiDos 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 ScandiDos AB. The current adx is 22.92.

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 Scandidos 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.
ScandiDos 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 ScandiDos AB. The current sar is 2.36298865.

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
ScandiDos 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 ScandiDos AB. The current rsi is 44.90. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
ScandiDos AB Daily Relative Strength Index (RSI) ChartScandiDos 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 ScandiDos AB. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -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 Scandidos price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
ScandiDos AB Daily Stochastic Oscillator ChartScandiDos 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 ScandiDos AB. The current cci is -60.15080544.

ScandiDos AB Daily Commodity Channel Index (CCI) ChartScandiDos 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 ScandiDos AB. The current cmo is -5.02717575.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
ScandiDos AB Daily Chande Momentum Oscillator (CMO) ChartScandiDos 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 ScandiDos AB. The current willr is -69.11764706.

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 Scandidos is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
ScandiDos AB Daily Williams %R ChartScandiDos 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 ScandiDos AB.

ScandiDos 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 ScandiDos AB. The current atr is 0.1669506.

ScandiDos AB Daily Average True Range (ATR) ChartScandiDos 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 ScandiDos AB. The current obv is -3,093,016.

ScandiDos AB Daily On-Balance Volume (OBV) ChartScandiDos 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 ScandiDos AB. The current mfi is 31.64.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
ScandiDos AB Daily Money Flow Index (MFI) ChartScandiDos AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ScandiDos 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
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-22MACD 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
2023-11-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29DMI 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2023-12-21DMI 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.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09SAR 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
2024-02-13SAR 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
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-22DMI 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.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-28STOCH 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).
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-01DMI 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.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
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).
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
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.
CCI 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).
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

ScandiDos AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.896
Ma 20Greater thanMa 501.973
Ma 50Greater thanMa 1002.047
Ma 100Greater thanMa 2001.999
OpenGreater thanClose1.550
Total1/5 (20.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Scandidos with someone you think should read this too:
  • Are you bullish or bearish on Scandidos? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Scandidos? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about ScandiDos AB

I send you an email if I find something interesting about ScandiDos AB.


Comments

How you think about this?

Leave a comment

Stay informed about ScandiDos AB.

Receive notifications about ScandiDos AB in your mailbox!