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Slate Grocery REIT
Buy, Hold or Sell?

Let's analyse Slate Grocery REIT together

PenkeI guess you are interested in Slate Grocery REIT. 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 Slate Grocery REIT. 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 Slate Grocery REIT (30 sec.)










What can you expect buying and holding a share of Slate Grocery REIT? (30 sec.)

How much money do you get?

How much money do you get?
C$0.86
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
C$19.87
Expected worth in 1 year
C$19.17
How sure are you?
67.5%

+ What do you gain per year?

Total Gains per Share
C$0.46
Return On Investment
4.0%

For what price can you sell your share?

Current Price per Share
C$11.41
Expected price per share
C$10.80 - C$12.30
How sure are you?
50%

1. Valuation of Slate Grocery REIT (5 min.)




Live pricePrice per Share (EOD)

C$11.41

Intrinsic Value Per Share

C$10.52 - C$15.93

Total Value Per Share

C$30.39 - C$35.81

2. Growth of Slate Grocery REIT (5 min.)




Is Slate Grocery REIT growing?

Current yearPrevious yearGrowGrow %
How rich?$867.4m$808m$77.1m8.7%

How much money is Slate Grocery REIT making?

Current yearPrevious yearGrowGrow %
Making money$2.7m$32.2m-$29.4m-1,085.5%
Net Profit Margin5.4%76.5%--

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

3. Financial Health of Slate Grocery REIT (5 min.)




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

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

What can you expect buying and holding a share of Slate Grocery REIT?

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

Speculation

The Price per Share of Slate Grocery REIT is C$11.41. 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 Slate Grocery REIT.
  • 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 Slate Grocery REIT, 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 C$19.87. Based on the TTM, the Book Value Change Per Share is C$-0.18 per quarter. Based on the YOY, the Book Value Change Per Share is C$1.56 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 C$0.29 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Slate Grocery REIT.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.080.7%0.171.5%0.524.6%0.272.4%0.181.6%
Usd Book Value Change Per Share-0.37-3.3%-0.13-1.1%1.1510.1%0.363.2%0.343.0%
Usd Dividend Per Share0.221.9%0.211.9%0.211.9%0.191.6%0.151.3%
Usd Total Gains Per Share-0.16-1.4%0.080.7%1.3612.0%0.554.8%0.494.3%
Usd Price Per Share8.89-9.18-11.02-9.27-9.26-
Price to Earnings Ratio28.24-16.20-6.84-13.74-2.28-
Price-to-Total Gains Ratio-55.73--7.29-22.27--23.77--7.60-
Price to Book Ratio0.61-0.62-0.86-0.98-12.69-
Price-to-Total Gains Ratio-55.73--7.29-22.27--23.77--7.60-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.401183
Number of shares119
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.210.19
Usd Book Value Change Per Share-0.130.36
Usd Total Gains Per Share0.080.55
Gains per Quarter (119 shares)10.0165.06
Gains per Year (119 shares)40.04260.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1102-623088172250
2204-12470176344510
3306-185110265516770
4407-2471503536881030
5509-3091904418601290
6611-37123052910321550
7713-43327061812041810
8815-49431070613762070
9917-55635079415482330
101018-61839088217202590

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 Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%31.09.00.077.5%35.010.00.077.8%
Book Value Change Per Share2.02.00.050.0%9.02.01.075.0%12.07.01.060.0%21.018.01.052.5%24.020.01.053.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%44.00.01.097.8%
Total Gains per Share2.02.00.050.0%10.02.00.083.3%14.06.00.070.0%27.013.00.067.5%30.015.00.066.7%

Fundamentals of Slate Grocery REIT

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.

Fundamental data was last updated by Penke on 2024-03-12 23:41:03.

Financial Health

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

Valuation

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

1.1. Profitability of Slate Grocery REIT.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Slate Grocery REIT earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Slate Grocery REIT to the REIT - Retail industry mean.
  • A Net Profit Margin of 9.0% means that $0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Slate Grocery REIT:

  • The MRQ is 9.0%. The company is making a profit. +1
  • The TTM is 5.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.0%TTM5.4%+3.7%
TTM5.4%YOY76.5%-71.1%
TTM5.4%5Y40.7%-35.3%
5Y40.7%10Y35.8%+4.9%
1.1.2. Return on Assets

Shows how efficient Slate Grocery REIT is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Slate Grocery REIT to the REIT - Retail industry mean.
  • 0.2% Return on Assets means that Slate Grocery REIT generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Slate Grocery REIT:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.1%+0.1%
TTM0.1%YOY1.6%-1.5%
TTM0.1%5Y0.9%-0.8%
5Y0.9%10Y0.8%+0.1%
1.1.3. Return on Equity

Shows how efficient Slate Grocery REIT is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Slate Grocery REIT to the REIT - Retail industry mean.
  • 0.7% Return on Equity means Slate Grocery REIT generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Slate Grocery REIT:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.4%+0.3%
TTM0.4%YOY4.6%-4.2%
TTM0.4%5Y2.7%-2.3%
5Y2.7%10Y17.7%-15.0%

1.2. Operating Efficiency of Slate Grocery REIT.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Slate Grocery REIT is operating .

  • Measures how much profit Slate Grocery REIT 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 Slate Grocery REIT to the REIT - Retail industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Slate Grocery REIT:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM19.9%-19.9%
TTM19.9%YOY20.5%-0.6%
TTM19.9%5Y43.8%-23.9%
5Y43.8%10Y37.1%+6.7%
1.2.2. Operating Ratio

Measures how efficient Slate Grocery REIT is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT - Retail industry mean).
  • An Operation Ratio of 0.47 means that the operating costs are $0.47 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Slate Grocery REIT:

  • The MRQ is 0.475. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.551. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.475TTM0.551-0.076
TTM0.551YOY0.380+0.170
TTM0.5515Y0.403+0.148
5Y0.40310Y0.388+0.015

1.3. Liquidity of Slate Grocery REIT.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Slate Grocery REIT is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT - Retail industry mean).
  • A Current Ratio of 0.17 means the company has $0.17 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Slate Grocery REIT:

  • The MRQ is 0.165. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.232. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.165TTM0.232-0.067
TTM0.232YOY0.509-0.277
TTM0.2325Y0.486-0.254
5Y0.48610Y1.093-0.607
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Slate Grocery REIT to the REIT - Retail industry mean.
  • A Quick Ratio of 0.02 means the company can pay off $0.02 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Slate Grocery REIT:

  • The MRQ is 0.018. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.093. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.018TTM0.093-0.074
TTM0.093YOY0.406-0.313
TTM0.0935Y0.296-0.204
5Y0.29610Y0.855-0.559

1.4. Solvency of Slate Grocery REIT.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Slate Grocery REIT assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Slate Grocery REIT to REIT - Retail industry mean.
  • A Debt to Asset Ratio of 0.61 means that Slate Grocery REIT assets are financed with 61.2% credit (debt) and the remaining percentage (100% - 61.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Slate Grocery REIT:

  • The MRQ is 0.612. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.604. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.612TTM0.604+0.008
TTM0.604YOY0.610-0.006
TTM0.6045Y0.652-0.047
5Y0.65210Y0.783-0.131
1.4.2. Debt to Equity Ratio

Measures if Slate Grocery REIT is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Slate Grocery REIT to the REIT - Retail industry mean.
  • A Debt to Equity ratio of 199.1% means that company has $1.99 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Slate Grocery REIT:

  • The MRQ is 1.991. The company is just able to pay all its debts with equity.
  • The TTM is 1.926. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.991TTM1.926+0.064
TTM1.926YOY1.766+0.160
TTM1.9265Y2.032-0.105
5Y2.03210Y27.950-25.918

2. Market Valuation of Slate Grocery REIT

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 Slate Grocery REIT generates.

  • Above 15 is considered overpriced but always compare Slate Grocery REIT to the REIT - Retail industry mean.
  • A PE ratio of 28.24 means the investor is paying $28.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Slate Grocery REIT:

  • The EOD is 26.700. Based on the earnings, the company is overpriced. -1
  • The MRQ is 28.244. Based on the earnings, the company is overpriced. -1
  • The TTM is 16.204. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD26.700MRQ28.244-1.544
MRQ28.244TTM16.204+12.040
TTM16.204YOY6.838+9.366
TTM16.2045Y13.739+2.465
5Y13.73910Y2.276+11.463
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Slate Grocery REIT:

  • The EOD is 11.299. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.953. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.215. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD11.299MRQ11.953-0.654
MRQ11.953TTM8.215+3.738
TTM8.215YOY19.196-10.981
TTM8.2155Y13.985-5.769
5Y13.98510Y17.774-3.790
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to REIT - Retail industry mean).
  • A PB ratio of 0.61 means the investor is paying $0.61 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Slate Grocery REIT:

  • The EOD is 0.574. Based on the equity, the company is cheap. +2
  • The MRQ is 0.607. Based on the equity, the company is cheap. +2
  • The TTM is 0.621. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.574MRQ0.607-0.033
MRQ0.607TTM0.621-0.014
TTM0.621YOY0.862-0.241
TTM0.6215Y0.980-0.359
5Y0.98010Y12.695-11.715
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Slate Grocery REIT 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---0.509-0.176-65%1.561-133%0.491-204%0.463-210%
Book Value Per Share--19.87420.093-1%17.944+11%13.918+43%8.012+148%
Current Ratio--0.1650.232-29%0.509-67%0.486-66%1.093-85%
Debt To Asset Ratio--0.6120.604+1%0.610+0%0.652-6%0.783-22%
Debt To Equity Ratio--1.9911.926+3%1.766+13%2.032-2%27.950-93%
Dividend Per Share--0.2930.291+1%0.292+0%0.252+16%0.198+48%
Eps--0.1070.234-54%0.711-85%0.367-71%0.244-56%
Free Cash Flow Per Share--0.2520.407-38%0.289-13%0.283-11%0.241+5%
Free Cash Flow To Equity Per Share--0.2410.110+120%2.106-89%0.544-56%0.698-65%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--15.932--------
Intrinsic Value_10Y_min--10.518--------
Intrinsic Value_1Y_max--1.330--------
Intrinsic Value_1Y_min--0.987--------
Intrinsic Value_3Y_max--4.198--------
Intrinsic Value_3Y_min--3.040--------
Intrinsic Value_5Y_max--7.312--------
Intrinsic Value_5Y_min--5.161--------
Market Cap674673300.000-6%715461066.530746978148.178-4%913990667.500-22%751721113.136-5%747773474.068-4%
Net Profit Margin--0.0900.054+68%0.765-88%0.407-78%0.358-75%
Operating Margin---0.199-100%0.205-100%0.438-100%0.371-100%
Operating Ratio--0.4750.551-14%0.380+25%0.403+18%0.388+22%
Pb Ratio0.574-6%0.6070.621-2%0.862-30%0.980-38%12.695-95%
Pe Ratio26.700-6%28.24416.204+74%6.838+313%13.739+106%2.276+1141%
Price Per Share11.410-6%12.07012.470-3%14.973-19%12.584-4%12.582-4%
Price To Free Cash Flow Ratio11.299-6%11.9538.215+45%19.196-38%13.985-15%17.774-33%
Price To Total Gains Ratio-52.678+5%-55.725-7.291-87%22.268-350%-23.775-57%-7.597-86%
Quick Ratio--0.0180.093-80%0.406-96%0.296-94%0.855-98%
Return On Assets--0.0020.001+73%0.016-87%0.009-77%0.008-74%
Return On Equity--0.0070.004+73%0.046-85%0.027-75%0.177-96%
Total Gains Per Share---0.2170.114-290%1.853-112%0.743-129%0.661-133%
Usd Book Value--867400705.461885209587.082-2%808041934.184+7%613389172.751+41%352530091.452+146%
Usd Book Value Change Per Share---0.375-0.130-65%1.150-133%0.361-204%0.341-210%
Usd Book Value Per Share--14.63314.794-1%13.212+11%10.248+43%5.899+148%
Usd Dividend Per Share--0.2160.214+1%0.215+0%0.185+16%0.146+48%
Usd Eps--0.0790.172-54%0.524-85%0.270-71%0.180-56%
Usd Free Cash Flow--11018092.15917947908.019-39%12988966.396-15%12423058.939-11%10564381.006+4%
Usd Free Cash Flow Per Share--0.1860.300-38%0.213-13%0.208-11%0.178+5%
Usd Free Cash Flow To Equity Per Share--0.1780.081+120%1.551-89%0.400-56%0.514-65%
Usd Market Cap496761950.790-6%526793983.286550000010.503-4%672971328.480-22%553492255.602-5%550585608.956-4%
Usd Price Per Share8.401-6%8.8879.182-3%11.024-19%9.265-4%9.264-4%
Usd Profit--4662885.4072716765.870+72%32207115.614-86%15121771.381-69%10521323.830-56%
Usd Revenue--51548788.28750829901.782+1%44379676.988+16%39331768.471+31%31655314.836+63%
Usd Total Gains Per Share---0.1590.084-290%1.365-112%0.547-129%0.487-133%
 EOD+5 -3MRQTTM+12 -23YOY+9 -265Y+11 -2410Y+14 -21

3.2. Fundamental Score

Let's check the fundamental score of Slate Grocery REIT based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1526.700
Price to Book Ratio (EOD)Between0-10.574
Net Profit Margin (MRQ)Greater than00.090
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.018
Current Ratio (MRQ)Greater than10.165
Debt to Asset Ratio (MRQ)Less than10.612
Debt to Equity Ratio (MRQ)Less than11.991
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.002
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Slate Grocery REIT based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.226
Ma 20Greater thanMa 5011.244
Ma 50Greater thanMa 10011.832
Ma 100Greater thanMa 20011.369
OpenGreater thanClose11.340
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets2,235,798
Total Liabilities1,368,562
Total Stockholder Equity687,443
 As reported
Total Liabilities 1,368,562
Total Stockholder Equity+ 687,443
Total Assets = 2,235,798

Assets

Total Assets2,235,798
Total Current Assets57,728
Long-term Assets2,178,070
Total Current Assets
Cash And Cash Equivalents 23,587
Net Receivables 6,330
Other Current Assets 1,847
Total Current Assets  (as reported)57,728
Total Current Assets  (calculated)31,764
+/- 25,964
Long-term Assets
Long Term Investments 107,101
Long-term Assets Other 25
Long-term Assets  (as reported)2,178,070
Long-term Assets  (calculated)107,126
+/- 2,070,944

Liabilities & Shareholders' Equity

Total Current Liabilities348,923
Long-term Liabilities1,019,639
Total Stockholder Equity687,443
Total Current Liabilities
Short Long Term Debt 302,119
Accounts payable 16,714
Total Current Liabilities  (as reported)348,923
Total Current Liabilities  (calculated)318,833
+/- 30,090
Long-term Liabilities
Long term Debt 859,637
Long-term Liabilities Other 13,351
Long-term Liabilities  (as reported)1,019,639
Long-term Liabilities  (calculated)872,988
+/- 146,651
Total Stockholder Equity
Retained Earnings 96,835
Total Stockholder Equity (as reported)687,443
Total Stockholder Equity (calculated)96,835
+/- 590,608
Other
Capital Stock584,769
Common Stock Shares Outstanding 59,276
Net Debt 1,138,169
Net Invested Capital 1,849,199
Net Working Capital -291,195



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-31
> Total Assets 
0
54,003
69,272
147,029
153,216
154,768
159,242
154,583
160,789
463,208
533,877
648,166
690,824
919,249
971,721
1,013,481
1,033,985
1,072,823
1,076,668
1,114,606
1,158,102
1,225,065
1,476,651
1,499,519
1,478,396
1,474,077
1,472,898
1,416,334
1,388,403
1,375,824
1,336,836
1,315,080
1,249,525
1,300,866
1,302,849
1,323,554
1,539,994
0
1,715,471
1,737,162
1,775,504
1,886,288
2,321,246
2,270,400
2,231,131
2,239,128
2,244,401
2,235,798
2,235,7982,244,4012,239,1282,231,1312,270,4002,321,2461,886,2881,775,5041,737,1621,715,47101,539,9941,323,5541,302,8491,300,8661,249,5251,315,0801,336,8361,375,8241,388,4031,416,3341,472,8981,474,0771,478,3961,499,5191,476,6511,225,0651,158,1021,114,6061,076,6681,072,8231,033,9851,013,481971,721919,249690,824648,166533,877463,208160,789154,583159,242154,768153,216147,02969,27254,0030
   > Total Current Assets 
0
54,003
24,672
7,616
8,046
7,859
8,118
8,278
8,457
20,511
14,852
20,278
23,769
26,303
23,307
21,190
22,213
31,462
39,845
22,589
32,540
38,700
42,133
31,622
38,521
30,156
34,568
28,050
17,675
14,976
20,206
17,441
18,839
20,104
22,842
36,611
127,921
127,662
35,713
39,757
43,689
52,994
63,932
55,907
55,571
54,381
57,663
57,728
57,72857,66354,38155,57155,90763,93252,99443,68939,75735,713127,662127,92136,61122,84220,10418,83917,44120,20614,97617,67528,05034,56830,15638,52131,62242,13338,70032,54022,58939,84531,46222,21321,19023,30726,30323,76920,27814,85220,5118,4578,2788,1187,8598,0467,61624,67254,0030
       Cash And Cash Equivalents 
0
54,003
24,511
6,645
6,849
6,658
6,693
6,270
6,327
13,883
6,443
13,174
13,756
15,964
12,841
11,855
13,649
17,091
16,070
13,431
12,168
14,311
17,601
7,383
12,970
7,453
8,638
1,110
2,526
1,575
3,690
2,412
3,472
5,383
4,576
2,362
6,333
0
12,723
14,038
17,427
13,927
27,608
20,392
20,684
23,573
21,736
23,587
23,58721,73623,57320,68420,39227,60813,92717,42714,03812,72306,3332,3624,5765,3833,4722,4123,6901,5752,5261,1108,6387,45312,9707,38317,60114,31112,16813,43116,07017,09113,64911,85512,84115,96413,75613,1746,44313,8836,3276,2706,6936,6586,8496,64524,51154,0030
       Net Receivables 
0
0
25
417
853
995
1,128
1,550
1,727
4,600
4,234
4,539
5,807
7,102
7,511
7,466
7,052
6,570
6,206
6,877
7,253
16,336
18,794
19,784
21,128
19,518
20,704
21,893
12,482
11,871
11,548
12,097
11,637
13,321
13,500
13,224
12,714
13,797
15,340
18,000
18,976
21,931
26,326
24,045
25,307
23,800
5,582
6,330
6,3305,58223,80025,30724,04526,32621,93118,97618,00015,34013,79712,71413,22413,50013,32111,63712,09711,54811,87112,48221,89320,70419,51821,12819,78418,79416,3367,2536,8776,2066,5707,0527,4667,5117,1025,8074,5394,2344,6001,7271,5501,1289958534172500
       Other Current Assets 
0
0
136
554
345
206
297
457
403
2,028
4,175
2,565
4,206
3,237
2,955
1,869
1,512
7,801
17,569
2,281
13,119
8,053
5,738
4,455
4,423
3,185
5,226
5,047
2,667
1,530
4,968
2,932
3,730
1,400
4,766
21,025
108,874
109,149
7,650
7,719
638
1,493
433
1,766
755
6,301
789
1,847
1,8477896,3017551,7664331,4936387,7197,650109,149108,87421,0254,7661,4003,7302,9324,9681,5302,6675,0475,2263,1854,4234,4555,7388,05313,1192,28117,5697,8011,5121,8692,9553,2374,2062,5654,1752,02840345729720634555413600
   > Long-term Assets 
0
0
44,600
139,413
145,169
146,909
151,124
146,305
152,332
442,697
519,025
627,888
667,055
892,946
948,414
992,291
1,011,772
1,041,361
1,036,823
1,092,017
1,125,562
1,186,365
1,434,518
1,467,897
1,439,875
1,443,921
1,438,330
1,388,284
1,370,728
1,360,848
1,316,630
1,297,639
1,230,686
1,280,762
1,280,007
1,286,943
1,412,073
0
1,679,758
1,697,405
1,731,815
1,833,294
2,257,314
2,214,493
2,175,560
2,184,747
2,186,738
2,178,070
2,178,0702,186,7382,184,7472,175,5602,214,4932,257,3141,833,2941,731,8151,697,4051,679,75801,412,0731,286,9431,280,0071,280,7621,230,6861,297,6391,316,6301,360,8481,370,7281,388,2841,438,3301,443,9211,439,8751,467,8971,434,5181,186,3651,125,5621,092,0171,036,8231,041,3611,011,772992,291948,414892,946667,055627,888519,025442,697152,332146,305151,124146,909145,169139,41344,60000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,072,923
1,104,463
1,176,620
1,424,049
1,454,463
1,422,245
1,425,074
1,418,935
1,382,955
1,355,326
1,350,664
1,307,410
1,288,536
1,223,712
1,274,347
1,274,175
1,277,180
1,406,089
1,418,968
1,608,040
1,608,655
1,633,188
1,722,854
2,126,998
2,087,432
0
2,053,066
0
0
002,053,06602,087,4322,126,9981,722,8541,633,1881,608,6551,608,0401,418,9681,406,0891,277,1801,274,1751,274,3471,223,7121,288,5361,307,4101,350,6641,355,3261,382,9551,418,9351,425,0741,422,2451,454,4631,424,0491,176,6201,104,4631,072,9230000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,033
7,815
6,537
7,338
10,607
14,953
16,175
16,879
2,818
4,934
4,806
4,932
5,049
4,881
4,327
3,603
3,474
3,819
0
69,220
87,304
97,405
108,818
112,418
109,456
109,133
111,174
107,912
107,101
107,101107,912111,174109,133109,456112,418108,81897,40587,30469,22003,8193,4743,6034,3274,8815,0494,9324,8064,9342,81816,87916,17514,95310,6077,3386,5377,8157,0330000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,061
13,284
3,208
3,131
2,827
2,677
2,672
2,516
2,511
2,348
2,341
2,299
2,293
2,093
2,088
2,229
6,289
2,165
2,020
2,498
1,446
1,222
1,220
1,043
1,189
0
1,034
0
0
001,03401,1891,0431,2201,2221,4462,4982,0202,1656,2892,2292,0882,0932,2932,2992,3412,3482,5112,5162,6722,6772,8273,1313,20813,28412,0610000000000000000000
> Total Liabilities 
0
54,438
69,913
88,196
88,085
93,886
96,633
95,704
98,866
460,328
508,247
626,834
653,950
899,331
948,867
991,684
1,012,948
1,052,391
1,071,545
1,117,538
1,151,902
1,203,600
1,463,514
1,451,655
1,400,738
980,582
994,316
978,531
967,238
967,132
922,951
911,653
866,060
920,143
921,127
870,836
1,033,964
0
1,103,515
1,113,241
1,125,195
1,167,052
1,390,339
1,339,298
1,337,889
1,346,739
1,357,102
1,368,562
1,368,5621,357,1021,346,7391,337,8891,339,2981,390,3391,167,0521,125,1951,113,2411,103,51501,033,964870,836921,127920,143866,060911,653922,951967,132967,238978,531994,316980,5821,400,7381,451,6551,463,5141,203,6001,151,9021,117,5381,071,5451,052,3911,012,948991,684948,867899,331653,950626,834508,247460,32898,86695,70496,63393,88688,08588,19669,91354,4380
   > Total Current Liabilities 
0
458
829
3,013
2,699
2,693
3,392
3,220
3,587
5,510
115,221
7,687
9,205
14,247
15,881
13,323
14,395
14,344
16,819
15,191
17,398
19,548
73,688
23,231
28,335
31,858
31,953
30,543
161,867
154,490
117,314
105,166
28,405
32,995
36,854
30,937
143,027
165,748
50,018
52,441
55,118
133,930
147,796
134,651
209,883
219,092
230,434
348,923
348,923230,434219,092209,883134,651147,796133,93055,11852,44150,018165,748143,02730,93736,85432,99528,405105,166117,314154,490161,86730,54331,95331,85828,33523,23173,68819,54817,39815,19116,81914,34414,39513,32315,88114,2479,2057,687115,2215,5103,5873,2203,3922,6932,6993,0138294580
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
107,907
1,074
873
1,822
1,931
1,959
1,828
1,850
1,875
1,419
956
2,131
52,271
2,693
5,406
5,440
2,969
3,045
138,083
127,376
88,531
80,455
4,831
5,012
5,061
5,113
8,281
0
8,443
8,526
8,611
91,417
91,617
91,866
164,776
0
0
0
000164,77691,86691,61791,4178,6118,5268,44308,2815,1135,0615,0124,83180,45588,531127,376138,0833,0452,9695,4405,4062,69352,2712,1319561,4191,8751,8501,8281,9591,9311,8228731,074107,9070000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,022,365
1,047,289
1,094,957
2,477
2,693
5,406
5,440
2,969
3,045
138,083
127,376
88,531
80,455
4,831
5,012
5,061
5,113
8,281
0
8,443
8,526
8,611
91,417
91,617
91,866
164,776
173,632
178,948
302,119
302,119178,948173,632164,77691,86691,61791,4178,6118,5268,44308,2815,1135,0615,0124,83180,45588,531127,376138,0833,0452,9695,4405,4062,6932,4771,094,9571,047,2891,022,3650000000000000000000
       Accounts payable 
0
0
0
1,872
1,544
1,538
2,237
2,065
3,587
4,547
6,351
5,337
6,746
10,372
8,526
5,890
6,900
6,079
8,742
7,540
9,045
9,092
12,773
10,609
11,995
15,788
19,638
14,500
12,008
15,037
16,344
11,366
13,589
14,565
17,020
13,742
14,171
14,942
21,896
12,776
15,453
15,309
28,837
16,315
16,066
17,592
23,734
16,714
16,71423,73417,59216,06616,31528,83715,30915,45312,77621,89614,94214,17113,74217,02014,56513,58911,36616,34415,03712,00814,50019,63815,78811,99510,60912,7739,0929,0457,5408,7426,0796,9005,8908,52610,3726,7465,3376,3514,5473,5872,0652,2371,5381,5441,872000
       Other Current Liabilities 
0
458
829
1,141
1,155
1,155
1,155
1,155
0
963
963
1,276
1,586
2,053
2,836
2,886
3,492
4,156
3,586
3,675
4,261
4,935
5,557
6,264
6,587
6,362
6,141
7,949
6,492
8,317
7,976
7,934
6,636
6,698
6,739
7,818
115,889
142,445
19,679
31,139
24,414
20,902
20,539
20,032
20,699
27,868
0
0
0027,86820,69920,03220,53920,90224,41431,13919,679142,445115,8897,8186,7396,6986,6367,9347,9768,3176,4927,9496,1416,3626,5876,2645,5574,9354,2613,6753,5864,1563,4922,8862,8362,0531,5861,27696396301,1551,1551,1551,1551,1418294580
   > Long-term Liabilities 
0
53,980
69,084
85,183
85,385
91,193
93,242
92,484
95,279
454,818
393,026
619,147
644,745
885,084
932,986
978,361
998,553
1,038,047
1,054,726
1,102,347
1,134,504
1,184,052
1,389,826
1,428,424
1,372,403
948,724
962,363
947,988
805,371
812,642
805,637
806,487
837,655
887,148
884,273
839,899
890,937
0
1,053,497
1,060,800
1,070,077
1,033,122
1,242,543
1,204,647
1,128,006
1,127,647
1,126,668
1,019,639
1,019,6391,126,6681,127,6471,128,0061,204,6471,242,5431,033,1221,070,0771,060,8001,053,4970890,937839,899884,273887,148837,655806,487805,637812,642805,371947,988962,363948,7241,372,4031,428,4241,389,8261,184,0521,134,5041,102,3471,054,7261,038,047998,553978,361932,986885,084644,745619,147393,026454,81895,27992,48493,24291,19385,38585,18369,08453,9800
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
81,401
88,171
91,226
97,830
66,406
65,653
68,386
68,360
60,426
59,123
58,100
58,900
65,039
59,324
59,638
62,492
72,328
92,831
95,246
97,755
109,911
127,565
145,951
150,532
154,944
0
150,918
0
0
00150,9180154,944150,532145,951127,565109,91197,75595,24692,83172,32862,49259,63859,32465,03958,90058,10059,12360,42668,36068,38665,65366,40697,83091,22688,17181,4010000000000000000000
> Total Stockholder Equity
0
-435
-641
58,833
65,130
60,881
60,821
58,028
59,976
2,880
25,630
21,332
36,874
19,918
22,854
21,797
21,037
20,432
5,123
-2,932
6,200
21,465
13,137
47,864
77,658
493,495
478,582
437,803
421,165
408,692
413,885
403,427
383,465
380,723
381,722
452,718
506,030
0
607,058
619,020
645,322
713,970
740,774
740,510
709,959
708,585
703,299
687,443
687,443703,299708,585709,959740,510740,774713,970645,322619,020607,0580506,030452,718381,722380,723383,465403,427413,885408,692421,165437,803478,582493,49577,65847,86413,13721,4656,200-2,9325,12320,43221,03721,79722,85419,91836,87421,33225,6302,88059,97658,02860,82160,88165,13058,833-641-4350
   Common Stock
0
0
0
0
0
0
0
0
0
4,304
27,054
22,756
38,298
21,342
24,278
0
0
0
0
0
0
0
0
0
0
435,268
430,027
419,008
415,527
415,537
426,373
407,551
407,551
407,551
407,551
463,603
463,546
463,514
576,580
576,540
578,306
596,838
596,742
596,701
594,309
588,281
0
0
00588,281594,309596,701596,742596,838578,306576,540576,580463,514463,546463,603407,551407,551407,551407,551426,373415,537415,527419,008430,027435,268000000000024,27821,34238,29822,75627,0544,304000000000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
-1,424
-1,424
-1,424
-1,424
-1,424
-1,424
-1,424
-1,424
-1,424
-1,424
2,918
3,398
2,614
3,102
6,408
9,618
10,520
11,026
654
-5,252
-14,742
-16,150
-12,824
-29,751
-30,527
-28,304
-25,316
-22,495
0
-19,204
-14,657
-4,524
-324
11,579
10,495
7,458
0
0
0
0007,45810,49511,579-324-4,524-14,657-19,2040-22,495-25,316-28,304-30,527-29,751-12,824-16,150-14,742-5,25265411,02610,5209,6186,4083,1022,6143,3982,918-1,424-1,424-1,424-1,424-1,424-1,424-1,424-1,424-1,424-1,424000000000
   Capital Surplus 000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
-435
-641
58,833
65,130
60,881
60,821
58,028
59,976
0
0
0
0
0
0
0
0
0
0
2,918
3,398
2,614
3,102
6,408
9,618
10,520
11,026
654
-5,252
-14,742
-16,150
-12,824
-29,751
-30,527
-28,304
-25,316
-22,495
-21,318
-19,204
-14,657
-4,524
-324
11,579
10,495
0
10,389
0
0
0010,389010,49511,579-324-4,524-14,657-19,204-21,318-22,495-25,316-28,304-30,527-29,751-12,824-16,150-14,742-5,25265411,02610,5209,6186,4083,1022,6143,3982,918000000000059,97658,02860,82160,88165,13058,833-641-4350



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue203,281
Cost of Revenue-72,813
Gross Profit130,468130,468
 
Operating Income (+$)
Gross Profit130,468
Operating Expense-78,406
Operating Income124,87552,062
 
Operating Expense (+$)
Research Development0
Selling General Administrative5,057
Selling And Marketing Expenses0
Operating Expense78,4065,057
 
Net Interest Income (+$)
Interest Income34
Interest Expense-65,240
Other Finance Cost-2,001
Net Interest Income-67,207
 
Pretax Income (+$)
Operating Income124,875
Net Interest Income-67,207
Other Non-Operating Income Expenses0
Income Before Tax (EBT)21,529161,014
EBIT - interestExpense = -65,240
13,596
78,836
Interest Expense65,240
Earnings Before Interest and Taxes (EBIT)086,769
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax21,529
Tax Provision-1,293
Net Income From Continuing Ops20,23620,236
Net Income13,596
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-36,13967,207
 

Technical Analysis of Slate Grocery REIT
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 Slate Grocery REIT. The general trend of Slate Grocery REIT is BEARISH with 14.3% 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 Slate Grocery REIT'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 (-14.3%) Bearish trend (14.3%)
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 Slate Grocery REIT.

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: 11.43 < 11.81 < 12.30.

The bearish price targets are: 11.05 > 11.05 > 10.80.

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Slate Grocery REIT 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 Slate Grocery REIT. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Slate Grocery REIT 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 Slate Grocery REIT. The current macd is -0.10892287.

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 Slate Grocery REIT price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Slate Grocery REIT. 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 Slate Grocery REIT 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
Slate Grocery REIT Daily Moving Average Convergence/Divergence (MACD) ChartSlate Grocery REIT 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 Slate Grocery REIT. The current adx is 36.73.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Slate Grocery REIT shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Slate Grocery REIT 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 Slate Grocery REIT. The current sar is 11.13.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Slate Grocery REIT 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 Slate Grocery REIT. The current rsi is 49.23. 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
Slate Grocery REIT Daily Relative Strength Index (RSI) ChartSlate Grocery REIT 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 Slate Grocery REIT. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Slate Grocery REIT price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Slate Grocery REIT Daily Stochastic Oscillator ChartSlate Grocery REIT 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 Slate Grocery REIT. The current cci is 121.75.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Slate Grocery REIT Daily Commodity Channel Index (CCI) ChartSlate Grocery REIT 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 Slate Grocery REIT. The current cmo is 10.68.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Slate Grocery REIT Daily Chande Momentum Oscillator (CMO) ChartSlate Grocery REIT 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 Slate Grocery REIT. The current willr is -18.18181818.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Slate Grocery REIT Daily Williams %R ChartSlate Grocery REIT 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 Slate Grocery REIT.

Slate Grocery REIT 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 Slate Grocery REIT. The current atr is 0.18950745.

Slate Grocery REIT Daily Average True Range (ATR) ChartSlate Grocery REIT 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 Slate Grocery REIT. The current obv is -3,143,802.

Slate Grocery REIT Daily On-Balance Volume (OBV) ChartSlate Grocery REIT 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 Slate Grocery REIT. The current mfi is 63.68.

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

  • MFI > 50: +1
Slate Grocery REIT Daily Money Flow Index (MFI) ChartSlate Grocery REIT Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Slate Grocery REIT.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-08DMI 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.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-09DMI 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.
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20DMI 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
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28DMI 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
2023-11-29DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01DMI 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 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12DMI 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
2023-12-13DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH 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).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Slate Grocery REIT Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Slate Grocery REIT based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.226
Ma 20Greater thanMa 5011.244
Ma 50Greater thanMa 10011.832
Ma 100Greater thanMa 20011.369
OpenGreater thanClose11.340
Total1/5 (20.0%)
Penke

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