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Selan Exploration Technology Limited
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Let's analyse Selan Exploration Technology Limited together

PenkeI guess you are interested in Selan Exploration Technology Limited. 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 Selan Exploration Technology Limited. 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 Selan Exploration Technology Limited (30 sec.)










What can you expect buying and holding a share of Selan Exploration Technology Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
INR236.77
Expected worth in 1 year
INR318.78
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR82.01
Return On Investment
18.2%

For what price can you sell your share?

Current Price per Share
INR450.25
Expected price per share
INR390.00 - INR541.60
How sure are you?
50%

1. Valuation of Selan Exploration Technology Limited (5 min.)




Live pricePrice per Share (EOD)

INR450.25

Intrinsic Value Per Share

INR8.60 - INR188.04

Total Value Per Share

INR245.37 - INR424.81

2. Growth of Selan Exploration Technology Limited (5 min.)




Is Selan Exploration Technology Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$43.1m$39.4m$3.7m8.7%

How much money is Selan Exploration Technology Limited making?

Current yearPrevious yearGrowGrow %
Making money$3.7m$1.1m$2.5m67.8%
Net Profit Margin26.2%12.8%--

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

3. Financial Health of Selan Exploration Technology Limited (5 min.)




4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#195 / 367

Most Revenue
#184 / 367

Most Profit
#157 / 367

Most Efficient
#104 / 367

What can you expect buying and holding a share of Selan Exploration Technology Limited? (5 min.)

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

What can you expect buying and holding a share of Selan Exploration Technology Limited?

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

Speculation

The Price per Share of Selan Exploration Technology Limited is INR450.25. 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 Selan Exploration Technology Limited.
  • 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 Selan Exploration Technology Limited, 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 INR236.77. Based on the TTM, the Book Value Change Per Share is INR20.50 per quarter. Based on the YOY, the Book Value Change Per Share is INR1.52 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Selan Exploration Technology Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.240.1%0.240.1%0.080.0%0.190.0%0.180.0%
Usd Book Value Change Per Share0.250.1%0.250.1%0.020.0%0.140.0%0.120.0%
Usd Dividend Per Share0.000.0%0.000.0%0.060.0%0.050.0%0.060.0%
Usd Total Gains Per Share0.250.1%0.250.1%0.080.0%0.190.0%0.180.0%
Usd Price Per Share2.92-2.92-2.28-1.96-2.52-
Price to Earnings Ratio11.99-11.99-29.07-16.82-18.49-
Price-to-Total Gains Ratio11.87-11.87-29.10-14.87-17.73-
Price to Book Ratio1.03-1.03-0.88-0.75-1.14-
Price-to-Total Gains Ratio11.87-11.87-29.10-14.87-17.73-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.403
Number of shares185
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.05
Usd Book Value Change Per Share0.250.14
Usd Total Gains Per Share0.250.19
Gains per Quarter (185 shares)45.5135.20
Gains per Year (185 shares)182.06140.82
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1018217239102131
2036435478203272
30546536117305413
40728718157407554
50910900196508695
6010921082235610836
7012741264274712977
80145614463138131118
90163916283529151259
1001821181039110171400

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%16.01.00.094.1%
Dividend per Share0.00.01.00.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%14.00.03.082.4%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%

Fundamentals of Selan Exploration Technology Limited

About Selan Exploration Technology Limited

Selan Exploration Technology Limited explores for and produces crude oil and natural gas in India. The company holds rights to develop oilfields located in Bakrol, Indrora, and Lohar Gujarat; and Ognaj and Karjisan oil and gas field in Gujarat. Selan Exploration Technology Limited was incorporated in 1985 and is based in Gurgaon, India.

Fundamental data was last updated by Penke on 2024-03-12 22:54:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is 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 underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Selan Exploration Technology Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Selan Exploration Technology Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Selan Exploration Technology Limited to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of 26.2% means that ₹0.26 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Selan Exploration Technology Limited:

  • The MRQ is 26.2%. The company is making a huge profit. +2
  • The TTM is 26.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ26.2%TTM26.2%0.0%
TTM26.2%YOY12.8%+13.3%
TTM26.2%5Y26.4%-0.2%
5Y26.4%10Y27.7%-1.3%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ26.2%10.1%+16.1%
TTM26.2%12.5%+13.7%
YOY12.8%19.3%-6.5%
5Y26.4%-16.2%+42.6%
10Y27.7%-35.7%+63.4%
1.1.2. Return on Assets

Shows how efficient Selan Exploration Technology Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Selan Exploration Technology Limited to the Oil & Gas E&P industry mean.
  • 7.2% Return on Assets means that Selan Exploration Technology Limited generated ₹0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Selan Exploration Technology Limited:

  • The MRQ is 7.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM7.2%0.0%
TTM7.2%YOY2.6%+4.6%
TTM7.2%5Y6.1%+1.1%
5Y6.1%10Y6.3%-0.2%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%0.3%+6.9%
TTM7.2%0.5%+6.7%
YOY2.6%1.9%+0.7%
5Y6.1%-1.2%+7.3%
10Y6.3%-2.4%+8.7%
1.1.3. Return on Equity

Shows how efficient Selan Exploration Technology Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Selan Exploration Technology Limited to the Oil & Gas E&P industry mean.
  • 8.6% Return on Equity means Selan Exploration Technology Limited generated ₹0.09 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Selan Exploration Technology Limited:

  • The MRQ is 8.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.6%TTM8.6%0.0%
TTM8.6%YOY3.0%+5.6%
TTM8.6%5Y7.2%+1.3%
5Y7.2%10Y7.8%-0.6%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ8.6%1.4%+7.2%
TTM8.6%1.7%+6.9%
YOY3.0%4.3%-1.3%
5Y7.2%-2.5%+9.7%
10Y7.8%-4.1%+11.9%

1.2. Operating Efficiency of Selan Exploration Technology Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Selan Exploration Technology Limited is operating .

  • Measures how much profit Selan Exploration Technology Limited 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 Selan Exploration Technology Limited to the Oil & Gas E&P industry mean.
  • An Operating Margin of 34.5% means the company generated ₹0.34  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Selan Exploration Technology Limited:

  • The MRQ is 34.5%. The company is operating very efficient. +2
  • The TTM is 34.5%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ34.5%TTM34.5%0.0%
TTM34.5%YOY9.9%+24.6%
TTM34.5%5Y23.2%+11.2%
5Y23.2%10Y34.2%-10.9%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ34.5%22.2%+12.3%
TTM34.5%14.6%+19.9%
YOY9.9%33.0%-23.1%
5Y23.2%-4.1%+27.3%
10Y34.2%-17.4%+51.6%
1.2.2. Operating Ratio

Measures how efficient Selan Exploration Technology Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 0.75 means that the operating costs are ₹0.75 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Selan Exploration Technology Limited:

  • The MRQ is 0.753. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.753. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.753TTM0.7530.000
TTM0.753YOY0.933-0.180
TTM0.7535Y0.814-0.060
5Y0.81410Y0.907-0.093
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7531.046-0.293
TTM0.7531.005-0.252
YOY0.9330.754+0.179
5Y0.8141.077-0.263
10Y0.9071.176-0.269

1.3. Liquidity of Selan Exploration Technology Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Selan Exploration Technology Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 12.61 means the company has ₹12.61 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Selan Exploration Technology Limited:

  • The MRQ is 12.606. The company is very able to pay all its short-term debts. +2
  • The TTM is 12.606. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ12.606TTM12.6060.000
TTM12.606YOY30.514-17.908
TTM12.6065Y24.018-11.412
5Y24.01810Y18.175+5.844
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ12.6061.187+11.419
TTM12.6061.170+11.436
YOY30.5141.294+29.220
5Y24.0181.325+22.693
10Y18.1751.655+16.520
1.3.2. Quick Ratio

Measures if Selan Exploration Technology Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Selan Exploration Technology Limited to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 21.38 means the company can pay off ₹21.38 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Selan Exploration Technology Limited:

  • The MRQ is 21.376. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 21.376. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ21.376TTM21.3760.000
TTM21.376YOY54.676-33.300
TTM21.3765Y41.462-20.085
5Y41.46210Y29.212+12.250
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ21.3760.656+20.720
TTM21.3760.673+20.703
YOY54.6760.874+53.802
5Y41.4620.829+40.633
10Y29.2120.976+28.236

1.4. Solvency of Selan Exploration Technology Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Selan Exploration Technology Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Selan Exploration Technology Limited to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.16 means that Selan Exploration Technology Limited assets are financed with 15.7% credit (debt) and the remaining percentage (100% - 15.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Selan Exploration Technology Limited:

  • The MRQ is 0.157. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.157. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.157TTM0.1570.000
TTM0.157YOY0.125+0.031
TTM0.1575Y0.148+0.009
5Y0.14810Y0.188-0.040
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1570.407-0.250
TTM0.1570.419-0.262
YOY0.1250.433-0.308
5Y0.1480.468-0.320
10Y0.1880.453-0.265
1.4.2. Debt to Equity Ratio

Measures if Selan Exploration Technology Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Selan Exploration Technology Limited to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 18.6% means that company has ₹0.19 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Selan Exploration Technology Limited:

  • The MRQ is 0.186. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.186. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.186TTM0.1860.000
TTM0.186YOY0.143+0.043
TTM0.1865Y0.174+0.012
5Y0.17410Y0.235-0.061
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1860.587-0.401
TTM0.1860.601-0.415
YOY0.1430.675-0.532
5Y0.1740.830-0.656
10Y0.2350.785-0.550

2. Market Valuation of Selan Exploration Technology Limited

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 Selan Exploration Technology Limited generates.

  • Above 15 is considered overpriced but always compare Selan Exploration Technology Limited to the Oil & Gas E&P industry mean.
  • A PE ratio of 11.99 means the investor is paying ₹11.99 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Selan Exploration Technology Limited:

  • The EOD is 22.184. Based on the earnings, the company is fair priced.
  • The MRQ is 11.992. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.992. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD22.184MRQ11.992+10.192
MRQ11.992TTM11.9920.000
TTM11.992YOY29.071-17.078
TTM11.9925Y16.825-4.832
5Y16.82510Y18.487-1.663
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD22.1841.498+20.686
MRQ11.9921.403+10.589
TTM11.9921.546+10.446
YOY29.0710.970+28.101
5Y16.825-0.830+17.655
10Y18.487-0.906+19.393
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Selan Exploration Technology Limited:

  • The EOD is 24.680. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 13.342. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 13.342. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD24.680MRQ13.342+11.338
MRQ13.342TTM13.3420.000
TTM13.342YOY-12.138+25.480
TTM13.3425Y2.989+10.353
5Y2.98910Y7.107-4.117
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD24.6800.846+23.834
MRQ13.3421.071+12.271
TTM13.342-0.754+14.096
YOY-12.138-0.670-11.468
5Y2.989-2.764+5.753
10Y7.107-4.377+11.484
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Selan Exploration Technology Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 1.03 means the investor is paying ₹1.03 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Selan Exploration Technology Limited:

  • The EOD is 1.902. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.028. Based on the equity, the company is underpriced. +1
  • The TTM is 1.028. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.902MRQ1.028+0.874
MRQ1.028TTM1.0280.000
TTM1.028YOY0.878+0.150
TTM1.0285Y0.751+0.277
5Y0.75110Y1.144-0.393
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD1.9021.075+0.827
MRQ1.0281.069-0.041
TTM1.0281.075-0.047
YOY0.8781.385-0.507
5Y0.7511.225-0.474
10Y1.1441.434-0.290
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Selan Exploration Technology Limited 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--20.50220.5020%1.521+1248%11.451+79%9.629+113%
Book Value Per Share--236.770236.7700%216.268+9%216.242+9%193.499+22%
Current Ratio--12.60612.6060%30.514-59%24.018-48%18.175-31%
Debt To Asset Ratio--0.1570.1570%0.125+25%0.148+6%0.188-16%
Debt To Equity Ratio--0.1860.1860%0.143+30%0.174+7%0.235-21%
Dividend Per Share----0%5.000-100%4.407-100%5.189-100%
Eps--20.29620.2960%6.529+211%15.423+32%14.804+37%
Free Cash Flow Per Share--18.24318.2430%-15.637+186%18.717-3%22.077-17%
Free Cash Flow To Equity Per Share--17.99317.9930%-20.867+216%11.376+58%14.667+23%
Gross Profit Margin--0.9950.9950%0.976+2%0.985+1%0.986+1%
Intrinsic Value_10Y_max--188.036--------
Intrinsic Value_10Y_min--8.600--------
Intrinsic Value_1Y_max--21.428--------
Intrinsic Value_1Y_min--6.001--------
Intrinsic Value_3Y_max--62.412--------
Intrinsic Value_3Y_min--13.687--------
Intrinsic Value_5Y_max--101.021--------
Intrinsic Value_5Y_min--16.552--------
Market Cap6843800000.000+46%3699680000.0003699680000.0000%2884960000.000+28%2524318460.260+47%3376110367.170+10%
Net Profit Margin--0.2620.2620%0.128+104%0.264-1%0.277-5%
Operating Margin--0.3450.3450%0.099+247%0.232+48%0.342+1%
Operating Ratio--0.7530.7530%0.933-19%0.814-7%0.907-17%
Pb Ratio1.902+46%1.0281.0280%0.878+17%0.751+37%1.144-10%
Pe Ratio22.184+46%11.99211.9920%29.071-59%16.825-29%18.487-35%
Price Per Share450.250+46%243.400243.4000%189.800+28%163.260+49%210.145+16%
Price To Free Cash Flow Ratio24.680+46%13.34213.3420%-12.138+191%2.989+346%7.107+88%
Price To Total Gains Ratio21.961+46%11.87211.8720%29.104-59%14.870-20%17.730-33%
Quick Ratio--21.37621.3760%54.676-61%41.462-48%29.212-27%
Return On Assets--0.0720.0720%0.026+174%0.061+18%0.063+15%
Return On Equity--0.0860.0860%0.030+184%0.072+19%0.078+9%
Total Gains Per Share--20.50220.5020%6.521+214%15.858+29%14.818+38%
Usd Book Value--43186800.00043186800.0000%39447192.000+9%40046397.600+8%36848574.532+17%
Usd Book Value Change Per Share--0.2460.2460%0.018+1248%0.137+79%0.116+113%
Usd Book Value Per Share--2.8412.8410%2.595+9%2.595+9%2.322+22%
Usd Dividend Per Share----0%0.060-100%0.053-100%0.062-100%
Usd Eps--0.2440.2440%0.078+211%0.185+32%0.178+37%
Usd Free Cash Flow--3327600.0003327600.0000%-2852220.000+186%3561448.800-7%4290086.238-22%
Usd Free Cash Flow Per Share--0.2190.2190%-0.188+186%0.225-3%0.265-17%
Usd Free Cash Flow To Equity Per Share--0.2160.2160%-0.250+216%0.137+58%0.176+23%
Usd Market Cap82125600.000+46%44396160.00044396160.0000%34619520.000+28%30291821.523+47%40513324.406+10%
Usd Price Per Share5.403+46%2.9212.9210%2.278+28%1.959+49%2.522+16%
Usd Profit--3701784.0003701784.0000%1190880.000+211%2902999.200+28%2849073.319+30%
Usd Revenue--14152800.00014152800.0000%9277092.000+53%10247834.400+38%9624385.968+47%
Usd Total Gains Per Share--0.2460.2460%0.078+214%0.190+29%0.178+38%
 EOD+4 -4MRQTTM+0 -0YOY+26 -105Y+22 -1410Y+25 -11

3.2. Fundamental Score

Let's check the fundamental score of Selan Exploration Technology Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1522.184
Price to Book Ratio (EOD)Between0-11.902
Net Profit Margin (MRQ)Greater than00.262
Operating Margin (MRQ)Greater than00.345
Quick Ratio (MRQ)Greater than121.376
Current Ratio (MRQ)Greater than112.606
Debt to Asset Ratio (MRQ)Less than10.157
Debt to Equity Ratio (MRQ)Less than10.186
Return on Equity (MRQ)Greater than0.150.086
Return on Assets (MRQ)Greater than0.050.072
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Selan Exploration Technology Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.338
Ma 20Greater thanMa 50459.810
Ma 50Greater thanMa 100493.770
Ma 100Greater thanMa 200489.767
OpenGreater thanClose455.000
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Net Debt  -12,394-67,219-79,613-267,890-347,503316,558-30,94563,04532,100



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets4,268,200
Total Liabilities669,300
Total Stockholder Equity3,598,900
 As reported
Total Liabilities 669,300
Total Stockholder Equity+ 3,598,900
Total Assets = 4,268,200

Assets

Total Assets4,268,200
Total Current Assets2,357,300
Long-term Assets1,910,900
Total Current Assets
Cash And Cash Equivalents 6,300
Short-term Investments 1,901,300
Net Receivables 188,500
Inventory 235,400
Other Current Assets 25,800
Total Current Assets  (as reported)2,357,300
Total Current Assets  (calculated)2,357,300
+/-0
Long-term Assets
Property Plant Equipment 1,786,600
Intangible Assets 1,660,558
Other Assets 1,773
Long-term Assets  (as reported)1,910,900
Long-term Assets  (calculated)3,448,931
+/- 1,538,031

Liabilities & Shareholders' Equity

Total Current Liabilities187,000
Long-term Liabilities482,300
Total Stockholder Equity3,598,900
Total Current Liabilities
Short-term Debt 3,400
Accounts payable 117,700
Other Current Liabilities 33,100
Total Current Liabilities  (as reported)187,000
Total Current Liabilities  (calculated)154,200
+/- 32,800
Long-term Liabilities
Long term Debt Total 3,388
Capital Lease Obligations Min Short Term Debt35,000
Other Liabilities 447,289
Long-term Liabilities  (as reported)482,300
Long-term Liabilities  (calculated)485,677
+/- 3,377
Total Stockholder Equity
Common Stock152,000
Retained Earnings 2,799,652
Accumulated Other Comprehensive Income 647,202
Other Stockholders Equity 46
Total Stockholder Equity (as reported)3,598,900
Total Stockholder Equity (calculated)3,598,900
+/-0
Other
Capital Stock152,000
Cash And Equivalents191,318
Cash and Short Term Investments 1,907,600
Common Stock Shares Outstanding 15,200
Current Deferred Revenue32,800
Liabilities and Stockholders Equity 4,268,200
Net Debt 32,100
Net Invested Capital 3,598,900
Net Tangible Assets 3,598,854
Net Working Capital 2,170,300
Property Plant and Equipment Gross 126,000
Short Long Term Debt Total 38,400



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
761,879
1,097,372
1,783,659
2,036,656
2,593,938
2,748,348
2,866,336
3,386,336
3,818,998
3,684,917
3,586,475
3,681,977
3,882,154
3,930,591
3,756,510
3,758,379
4,268,200
4,268,2003,758,3793,756,5103,930,5913,882,1543,681,9773,586,4753,684,9173,818,9983,386,3362,866,3362,748,3482,593,9382,036,6561,783,6591,097,372761,879
   > Total Current Assets 
260,179
499,467
801,967
1,023,313
1,450,952
1,384,338
1,571,086
1,586,148
1,386,270
1,275,383
1,336,288
1,523,780
1,794,472
2,025,490
2,021,683
2,193,211
2,357,300
2,357,3002,193,2112,021,6832,025,4901,794,4721,523,7801,336,2881,275,3831,386,2701,586,1481,571,0861,384,3381,450,9521,023,313801,967499,467260,179
       Cash And Cash Equivalents 
103,231
236,060
468,959
785,595
1,179,066
1,113,626
1,303,487
1,263,441
1,146,629
1,041,427
1,102,262
221,601
18,832
94,104
354,504
35,250
6,300
6,30035,250354,50494,10418,832221,6011,102,2621,041,4271,146,6291,263,4411,303,4871,113,6261,179,066785,595468,959236,060103,231
       Short-term Investments 
0
0
0
0
0
0
0
0
0
46,920
883,203
993,945
1,440,934
1,609,647
1,386,146
1,834,724
1,901,300
1,901,3001,834,7241,386,1461,609,6471,440,934993,945883,20346,920000000000
       Net Receivables 
0
0
0
0
0
0
0
287,908
195,293
140,822
178,619
236,568
253,651
207,168
192,086
225,196
188,500
188,500225,196192,086207,168253,651236,568178,619140,822195,293287,9080000000
       Inventory 
13,693
72,962
112,493
105,236
98,552
22,556
22,296
26,867
29,516
27,960
37,023
82,859
81,054
73,868
66,947
79,841
235,400
235,40079,84166,94773,86881,05482,85937,02327,96029,51626,86722,29622,55698,552105,236112,49372,96213,693
       Other Current Assets 
143,254
190,445
220,516
132,482
173,334
248,156
245,303
295,840
210,125
205,996
197,003
225,375
1
247,871
22,000
18,200
25,800
25,80018,20022,000247,8711225,375197,003205,996210,125295,840245,303248,156173,334132,482220,516190,445143,254
   > Long-term Assets 
501,701
597,904
981,692
1,013,343
1,142,986
1,364,010
1,295,250
1,800,189
2,432,728
2,409,534
2,250,187
2,158,197
2,087,682
1,905,101
1,734,827
1,565,168
1,910,900
1,910,9001,565,1681,734,8271,905,1012,087,6822,158,1972,250,1872,409,5342,432,7281,800,1891,295,2501,364,0101,142,9861,013,343981,692597,904501,701
       Property Plant Equipment 
71,174
66,836
89,776
80,028
74,541
60,001
91,075
111,281
133,312
125,513
2,087,537
2,133,157
2,073,352
1,897,381
1,721,421
1,557,912
1,786,600
1,786,6001,557,9121,721,4211,897,3812,073,3522,133,1572,087,537125,513133,312111,28191,07560,00174,54180,02889,77666,83671,174
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
1,623
1,948
4,063
0
0
0
0
00004,0631,9481,6230000000000
       Intangible Assets 
0
0
0
0
0
0
0
1,544
3
2,057,695
1,968,945
11,142
6,189
923
1,634,400
1,487,858
1,660,558
1,660,5581,487,8581,634,4009236,18911,1421,968,9452,057,69531,5440000000
       Long-term Assets Other 
430,527
531,068
891,916
933,315
1,068,445
1,304,008
1,204,175
1,688,907
2,299,417
2,284,021
162,650
1,005,895
1,445,012
1,615,552
1,391,387
1,871,156
1,904,700
1,904,7001,871,1561,391,3871,615,5521,445,0121,005,895162,6502,284,0212,299,4171,688,9071,204,1751,304,0081,068,445933,315891,916531,068430,527
> Total Liabilities 
317,635
549,947
776,949
601,312
897,894
672,739
488,614
768,292
1,015,789
851,096
764,440
737,940
624,068
652,985
492,369
471,113
669,300
669,300471,113492,369652,985624,068737,940764,440851,0961,015,789768,292488,614672,739897,894601,312776,949549,947317,635
   > Total Current Liabilities 
57,584
191,255
203,960
117,393
146,812
254,562
93,892
215,878
302,393
118,149
63,833
84,686
66,104
112,133
63,650
71,876
187,000
187,00071,87663,650112,13366,10484,68663,833118,149302,393215,87893,892254,562146,812117,393203,960191,25557,584
       Short-term Debt 
0
0
0
0
0
105,000
0
0
0
0
0
897
1,281
5,309
2,695
2,380
3,400
3,4002,3802,6955,3091,28189700000105,00000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
897
1,281
2,976
0
0
0
0002,9761,28189700000000000
       Accounts payable 
0
0
0
0
0
79,486
26,119
155,685
200,655
92,280
37,429
252
26,508
52,249
24,669
24,267
117,700
117,70024,26724,66952,24926,50825237,42992,280200,655155,68526,11979,48600000
       Other Current Liabilities 
57,584
191,255
203,960
117,393
146,812
70,077
67,773
60,193
101,738
25,870
26,404
83,537
34,216
52,736
21,187
33,015
33,100
33,10033,01521,18752,73634,21683,53726,40425,870101,73860,19367,77370,077146,812117,393203,960191,25557,584
   > Long-term Liabilities 
260,052
358,693
572,989
483,919
751,082
418,176
394,722
552,414
713,396
732,947
700,608
653,254
557,964
540,852
428,719
399,237
482,300
482,300399,237428,719540,852557,964653,254700,608732,947713,396552,414394,722418,176751,082483,919572,989358,693260,052
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
3,621
5,157
9,182
4,306
1,925
3,388
3,3881,9254,3069,1825,1573,62100000000000
       Other Liabilities 
0
0
0
0
0
0
0
552,414
713,396
732,947
602,658
649,633
552,807
531,670
424,413
397,312
447,289
447,289397,312424,413531,670552,807649,633602,658732,947713,396552,4140000000
> Total Stockholder Equity
444,244
547,425
1,006,710
1,435,344
1,696,044
2,075,609
2,377,722
2,618,045
2,803,209
2,833,821
2,822,035
2,944,037
3,258,086
3,277,606
3,264,141
3,287,266
3,598,900
3,598,9003,287,2663,264,1413,277,6063,258,0862,944,0372,822,0352,833,8212,803,2092,618,0452,377,7222,075,6091,696,0441,435,3441,006,710547,425444,244
   Common Stock
144,161
144,161
172,907
154,428
169,870
169,870
168,255
164,000
164,000
164,000
164,000
164,000
158,300
152,000
152,000
152,000
152,000
152,000152,000152,000152,000158,300164,000164,000164,000164,000164,000168,255169,870169,870154,428172,907144,161144,161
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-84,059
-91,293
-100,822
-117,515
-128,239
-137,051
-145,415
-156,727
-179,989
-203,844
-194,029
-215,842
-239,446
-84,264
647,202
3,065,118
647,202
647,2023,065,118647,202-84,264-239,446-215,842-194,029-203,844-179,989-156,727-145,415-137,051-128,239-117,515-100,822-91,293-84,059
   Capital Surplus 
0
0
0
0
0
0
0
0
0
14,237
14,237
14,237
0
0
0
0
0
0000014,23714,23714,237000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
384,142
494,557
934,625
1,398,431
1,654,412
2,042,790
601,472
609,796
733,582
858,378
849,737
865,281
880,348
731,466
647,202
-2,417,916
46
46-2,417,916647,202731,466880,348865,281849,737858,378733,582609,796601,4722,042,7901,654,4121,398,431934,625494,557384,142



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, 2023-03-31)

Gross Profit (+$)
totalRevenue1,179,400
Cost of Revenue-590,100
Gross Profit589,300589,300
 
Operating Income (+$)
Gross Profit589,300
Operating Expense-298,300
Operating Income406,700291,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative50,518
Selling And Marketing Expenses1,456
Operating Expense298,30051,974
 
Net Interest Income (+$)
Interest Income4,300
Interest Expense-4,300
Other Finance Cost-4,300
Net Interest Income-4,300
 
Pretax Income (+$)
Operating Income406,700
Net Interest Income-4,300
Other Non-Operating Income Expenses0
Income Before Tax (EBT)402,400411,000
EBIT - interestExpense = 402,400
402,382
312,782
Interest Expense4,300
Earnings Before Interest and Taxes (EBIT)406,700406,700
Earnings Before Interest and Taxes (EBITDA)627,100
 
After tax Income (+$)
Income Before Tax402,400
Tax Provision-93,900
Net Income From Continuing Ops308,500308,500
Net Income308,482
Net Income Applicable To Common Shares308,500
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses888,400
Total Other Income/Expenses Net-4,3004,300
 

Technical Analysis of Selan Exploration Technology Limited
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 Selan Exploration Technology Limited. The general trend of Selan Exploration Technology Limited is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Selan Exploration Technology Limited'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 (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Selan Exploration Technology Limited.

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: 460.00 < 518.00 < 541.60.

The bearish price targets are: 403.75 > 403.55 > 390.00.

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Selan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-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 higher 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 higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Selan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current macd is -14.58645177.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Selan Exploration Technology Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Selan Exploration Technology Limited. 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 Selan Exploration Technology Limited 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
Selan Exploration Technology Limited Daily Moving Average Convergence/Divergence (MACD) ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current adx is 15.39.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Selan Exploration Technology Limited shares, leading to potential upward 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.
Selan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current sar is 478.80.

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
Selan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current rsi is 44.34. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Selan Exploration Technology Limited Daily Relative Strength Index (RSI) ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-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 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 Selan Exploration Technology Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Selan Exploration Technology Limited Daily Stochastic Oscillator ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current cci is -19.58079862.

Selan Exploration Technology Limited Daily Commodity Channel Index (CCI) ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current cmo is -6.42198575.

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
Selan Exploration Technology Limited Daily Chande Momentum Oscillator (CMO) ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current willr is -59.19615553.

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 Selan Exploration Technology Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Selan Exploration Technology Limited Daily Williams %R ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited.

Selan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current atr is 20.88.

Selan Exploration Technology Limited Daily Average True Range (ATR) ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current obv is 28,431,297.

Selan Exploration Technology Limited Daily On-Balance Volume (OBV) ChartSelan Exploration Technology Limited 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 Selan Exploration Technology Limited. The current mfi is 42.43.

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
Selan Exploration Technology Limited Daily Money Flow Index (MFI) ChartSelan Exploration Technology Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Selan Exploration Technology Limited.

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
2023-11-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-07MACD 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.
CCI LONG ENTRY SHORT CLOSE100 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 CLOSE20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal 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).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-24STOCH 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).
2024-01-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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).
2024-02-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20SAR 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
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26MACD 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
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH 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
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Selan Exploration Technology Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Selan Exploration Technology Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.338
Ma 20Greater thanMa 50459.810
Ma 50Greater thanMa 100493.770
Ma 100Greater thanMa 200489.767
OpenGreater thanClose455.000
Total3/5 (60.0%)
Penke

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