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Sultan Resources Ltd
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Let's analyse Sultan Resources Ltd together

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

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

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Quick analysis of Sultan Resources Ltd (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
A$0.07
Expected worth in 1 year
A$0.13
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$0.06
Return On Investment
455.3%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.013 - A$0.016
How sure are you?
50%
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1. Valuation of Sultan Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.16 - A$-0.19

Total Value Per Share

A$-0.09 - A$-0.12

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




Is Sultan Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$6.5m$4.9m$1.5m24.1%

How much money is Sultan Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.1m-$858.3k-$294.9k-25.6%
Net Profit Margin-2,643.6%-256,561.6%--

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

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




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#557 / 912

Most Revenue
#347 / 912

Most Profit
#520 / 912

Most Efficient
#778 / 912
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What can you expect buying and holding a share of Sultan Resources Ltd? (5 min.)

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

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

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

Speculation

The Price per Share of Sultan Resources Ltd is A$0.014. 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 Sultan Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Sultan Resources Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.07. Based on the TTM, the Book Value Change Per Share is A$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sultan Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-54.7%-0.01-54.7%0.00-30.7%0.00-33.2%0.00-29.5%
Usd Book Value Change Per Share0.0174.7%0.0174.7%0.0031.2%0.0160.7%0.0151.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0174.7%0.0174.7%0.0031.2%0.0160.7%0.0151.6%
Usd Price Per Share0.03-0.03-0.06-0.07-0.06-
Price to Earnings Ratio-3.94--3.94--14.35--17.13--14.27-
Price-to-Total Gains Ratio2.89-2.89-14.12-12.57-12.57-
Price to Book Ratio0.70-0.70-1.87-2.64-2.20-
Price-to-Total Gains Ratio2.89-2.89-14.12-12.57-12.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.009184
Number of shares108885
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (108885 shares)1,138.29925.05
Gains per Year (108885 shares)4,553.153,700.19
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1045534543037003690
2091069096074007390
30136591364901110111090
40182131820201480114790
50227662275501850118490
60273192730802220122190
70318723186102590125890
80364253641402960129590
90409784096703330233290
100455324552003700236990

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.06.00.00.0%0.06.00.00.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
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Fundamentals of Sultan Resources Ltd

About Sultan Resources Ltd

Sultan Resources Limited explores for and develops mineral properties in Australia. It primarily explores for gold, copper, nickel, and cobalt deposits. The company holds interest in the Lachlan fold belt project comprising granted exploration licenses EL8734, EL8704, and EL8735, which covering a total area of approximately 330 square kilometers located in Central New South Wales; the East Tallering project comprising one granted tenement covering 67 square kilometers located to the northeast of Geraldton, Western Australia; and the Dalwallinu project that covers an area of 167 square kilometers located to the northeast of Perth, Western Australia. It holds interest in the Thaduna project comprising two granted tenements covering 22 square kilometers located to the northeast of Meekatharra; and the Lake Grace project comprising five tenement applications covering 690 square kilometers located to the southeast of Perth, Western Australia. The company was incorporated in 2018 and is based in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-02-20 07:31:10.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Sultan Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Sultan Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -2,643.6% means that $-26.44 for each $1 in revenue is generated as profit.

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

  • The MRQ is -2,643.6%. The company is making a huge loss. -2
  • The TTM is -2,643.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,643.6%TTM-2,643.6%0.0%
TTM-2,643.6%YOY-256,561.6%+253,917.9%
TTM-2,643.6%5Y-54,119.9%+51,476.3%
5Y-54,119.9%10Y-59,784.1%+5,664.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,643.6%-49.2%-2,594.4%
TTM-2,643.6%-48.3%-2,595.3%
YOY-256,561.6%-48.4%-256,513.2%
5Y-54,119.9%-262.4%-53,857.5%
10Y-59,784.1%-714.9%-59,069.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Sultan Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -17.4% Return on Assets means that Sultan Resources Ltd generated $-0.17 profit for each $1 in assets.

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

  • The MRQ is -17.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -17.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.4%TTM-17.4%0.0%
TTM-17.4%YOY-17.0%-0.3%
TTM-17.4%5Y-16.6%-0.8%
5Y-16.6%10Y-22.1%+5.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.4%-7.3%-10.1%
TTM-17.4%-7.6%-9.8%
YOY-17.0%-6.5%-10.5%
5Y-16.6%-10.2%-6.4%
10Y-22.1%-14.0%-8.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Sultan Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -17.7% Return on Equity means Sultan Resources Ltd generated $-0.18 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -17.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -17.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.7%TTM-17.7%0.0%
TTM-17.7%YOY-17.3%-0.3%
TTM-17.7%5Y-17.0%-0.7%
5Y-17.0%10Y-28.8%+11.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.7%-7.6%-10.1%
TTM-17.7%-8.3%-9.4%
YOY-17.3%-6.9%-10.4%
5Y-17.0%-10.8%-6.2%
10Y-28.8%-15.0%-13.8%
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1.2. Operating Efficiency of Sultan Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sultan Resources Ltd is operating .

  • Measures how much profit Sultan Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Sultan Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -2,671.0% means the company generated $-26.71  for each $1 in revenue (before taxes).

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

  • The MRQ is -2,671.0%. The company is operating very inefficient. -2
  • The TTM is -2,671.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,671.0%TTM-2,671.0%0.0%
TTM-2,671.0%YOY-4,319.6%+1,648.6%
TTM-2,671.0%5Y-3,757.0%+1,086.0%
5Y-3,757.0%10Y-21,349.5%+17,592.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,671.0%-322.0%-2,349.0%
TTM-2,671.0%-52.9%-2,618.1%
YOY-4,319.6%-53.0%-4,266.6%
5Y-3,757.0%-262.2%-3,494.8%
10Y-21,349.5%-621.0%-20,728.5%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 27.07 means that the operating costs are $27.07 for each $1 in net sales.

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

  • The MRQ is 27.073. The company is inefficient in keeping operating costs low. -1
  • The TTM is 27.073. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ27.073TTM27.0730.000
TTM27.073YOY1,304.906-1,277.833
TTM27.0735Y289.984-262.911
5Y289.98410Y423.840-133.856
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ27.0731.960+25.113
TTM27.0731.921+25.152
YOY1,304.9062.249+1,302.657
5Y289.9844.385+285.599
10Y423.8407.932+415.908
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1.3. Liquidity of Sultan Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 9.22 means the company has $9.22 in assets for each $1 in short-term debts.

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

  • The MRQ is 9.220. The company is very able to pay all its short-term debts. +2
  • The TTM is 9.220. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ9.220TTM9.2200.000
TTM9.220YOY13.282-4.062
TTM9.2205Y14.670-5.450
5Y14.67010Y12.500+2.170
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2202.397+6.823
TTM9.2202.625+6.595
YOY13.2823.519+9.763
5Y14.6704.132+10.538
10Y12.5004.627+7.873
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Sultan Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 8.92 means the company can pay off $8.92 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 8.922. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 8.922. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ8.922TTM8.9220.000
TTM8.922YOY12.898-3.976
TTM8.9225Y14.406-5.483
5Y14.40610Y12.151+2.255
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ8.9220.902+8.020
TTM8.9220.838+8.084
YOY12.8981.006+11.892
5Y14.4061.293+13.113
10Y12.1511.435+10.716
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1.4. Solvency of Sultan Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Sultan Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.02 means that Sultan Resources Ltd assets are financed with 1.6% credit (debt) and the remaining percentage (100% - 1.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.016. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.016. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.016TTM0.0160.000
TTM0.016YOY0.017-0.001
TTM0.0165Y0.025-0.010
5Y0.02510Y0.094-0.068
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0160.181-0.165
TTM0.0160.185-0.169
YOY0.0170.151-0.134
5Y0.0250.208-0.183
10Y0.0940.247-0.153
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Sultan Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 1.6% means that company has $0.02 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.016. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.016. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.016TTM0.0160.000
TTM0.016YOY0.017-0.001
TTM0.0165Y0.026-0.010
5Y0.02610Y0.150-0.124
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0160.174-0.158
TTM0.0160.190-0.174
YOY0.0170.155-0.138
5Y0.0260.226-0.200
10Y0.1500.246-0.096
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2. Market Valuation of Sultan Resources Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Sultan Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -3.94 means the investor is paying $-3.94 for every $1 in earnings.

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

  • The EOD is -1.200. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.943. Based on the earnings, the company is expensive. -2
  • The TTM is -3.943. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.200MRQ-3.943+2.743
MRQ-3.943TTM-3.9430.000
TTM-3.943YOY-14.353+10.410
TTM-3.9435Y-17.126+13.183
5Y-17.12610Y-14.271-2.854
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.200-3.816+2.616
MRQ-3.943-5.325+1.382
TTM-3.943-5.796+1.853
YOY-14.353-8.526-5.827
5Y-17.126-10.438-6.688
10Y-14.271-11.416-2.855
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.281. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.208. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.208. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.281MRQ-4.208+2.927
MRQ-4.208TTM-4.2080.000
TTM-4.208YOY-7.378+3.170
TTM-4.2085Y-12.271+8.064
5Y-12.27110Y-10.226-2.045
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.281-4.366+3.085
MRQ-4.208-5.871+1.663
TTM-4.208-6.777+2.569
YOY-7.378-8.977+1.599
5Y-12.271-13.217+0.946
10Y-10.226-14.465+4.239
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.70 means the investor is paying $0.70 for each $1 in book value.

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

  • The EOD is 0.212. Based on the equity, the company is cheap. +2
  • The MRQ is 0.696. Based on the equity, the company is cheap. +2
  • The TTM is 0.696. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.212MRQ0.696-0.484
MRQ0.696TTM0.6960.000
TTM0.696YOY1.875-1.178
TTM0.6965Y2.638-1.942
5Y2.63810Y2.198+0.440
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.2121.150-0.938
MRQ0.6961.560-0.864
TTM0.6961.599-0.903
YOY1.8752.284-0.409
5Y2.6382.395+0.243
10Y2.1982.921-0.723
2. Total Gains per Share

3. Holders & Insider Transactions

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

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4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0160.0160%0.007+139%0.013+23%0.011+45%
Book Value Per Share--0.0660.0660%0.050+32%0.044+49%0.037+78%
Current Ratio--9.2209.2200%13.282-31%14.670-37%12.500-26%
Debt To Asset Ratio--0.0160.0160%0.017-4%0.025-37%0.094-83%
Debt To Equity Ratio--0.0160.0160%0.017-4%0.026-38%0.150-89%
Dividend Per Share----0%-0%-0%-0%
Eps---0.012-0.0120%-0.007-44%-0.007-39%-0.006-46%
Free Cash Flow Per Share---0.011-0.0110%-0.013+17%-0.010-7%-0.010-7%
Free Cash Flow To Equity Per Share---0.002-0.0020%0.000-494%0.006-131%0.006-131%
Gross Profit Margin--1.0311.0310%1.037-1%1.071-4%1.059-3%
Intrinsic Value_10Y_max---0.185--------
Intrinsic Value_10Y_min---0.157--------
Intrinsic Value_1Y_max---0.015--------
Intrinsic Value_1Y_min---0.014--------
Intrinsic Value_3Y_max---0.047--------
Intrinsic Value_3Y_min---0.045--------
Intrinsic Value_5Y_max---0.083--------
Intrinsic Value_5Y_min---0.076--------
Market Cap2109828.000-229%6932292.0006932292.0000%14165988.000-51%15944271.600-57%13286893.000-48%
Net Profit Margin---26.436-26.4360%-2565.616+9605%-541.199+1947%-597.841+2161%
Operating Margin---26.710-26.7100%-43.196+62%-37.570+41%-213.495+699%
Operating Ratio--27.07327.0730%1304.906-98%289.984-91%423.840-94%
Pb Ratio0.212-229%0.6960.6960%1.875-63%2.638-74%2.198-68%
Pe Ratio-1.200+70%-3.943-3.9430%-14.353+264%-17.126+334%-14.271+262%
Price Per Share0.014-229%0.0460.0460%0.094-51%0.106-57%0.088-48%
Price To Free Cash Flow Ratio-1.281+70%-4.208-4.2080%-7.378+75%-12.271+192%-10.226+143%
Price To Total Gains Ratio0.879-229%2.8872.8870%14.118-80%12.567-77%12.567-77%
Quick Ratio--8.9228.9220%12.898-31%14.406-38%12.151-27%
Return On Assets---0.174-0.1740%-0.170-2%-0.166-5%-0.221+27%
Return On Equity---0.177-0.1770%-0.173-2%-0.170-4%-0.288+63%
Total Gains Per Share--0.0160.0160%0.007+139%0.013+23%0.011+45%
Usd Book Value--6532743.2006532743.2000%4957298.848+32%4373899.024+49%3666782.520+78%
Usd Book Value Change Per Share--0.0100.0100%0.004+139%0.008+23%0.007+45%
Usd Book Value Per Share--0.0430.0430%0.033+32%0.029+49%0.024+78%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.008-0.0080%-0.004-44%-0.005-39%-0.004-46%
Usd Free Cash Flow---1080728.512-1080728.5120%-1259575.760+17%-1008447.414-7%-840372.845-22%
Usd Free Cash Flow Per Share---0.007-0.0070%-0.008+17%-0.007-7%-0.007-7%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.000-494%0.004-131%0.004-131%
Usd Market Cap1384047.168-229%4547583.5524547583.5520%9292888.128-51%10459442.170-57%8716201.808-48%
Usd Price Per Share0.009-229%0.0300.0300%0.062-51%0.069-57%0.058-48%
Usd Profit---1153259.808-1153259.8080%-858352.384-26%-738919.581-36%-635031.944-45%
Usd Revenue--43624.00043624.0000%334.560+12939%18685.504+133%15593.120+180%
Usd Total Gains Per Share--0.0100.0100%0.004+139%0.008+23%0.007+45%
 EOD+2 -6MRQTTM+0 -0YOY+18 -165Y+15 -1910Y+17 -17

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.200
Price to Book Ratio (EOD)Between0-10.212
Net Profit Margin (MRQ)Greater than0-26.436
Operating Margin (MRQ)Greater than0-26.710
Quick Ratio (MRQ)Greater than18.922
Current Ratio (MRQ)Greater than19.220
Debt to Asset Ratio (MRQ)Less than10.016
Debt to Equity Ratio (MRQ)Less than10.016
Return on Equity (MRQ)Greater than0.15-0.177
Return on Assets (MRQ)Greater than0.05-0.174
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.228
Ma 20Greater thanMa 500.015
Ma 50Greater thanMa 1000.017
Ma 100Greater thanMa 2000.017
OpenGreater thanClose0.014
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets10,120
Total Liabilities161
Total Stockholder Equity9,958
 As reported
Total Liabilities 161
Total Stockholder Equity+ 9,958
Total Assets = 10,120

Assets

Total Assets10,120
Total Current Assets1,487
Long-term Assets8,633
Total Current Assets
Cash And Cash Equivalents 1,346
Net Receivables 93
Total Current Assets  (as reported)1,487
Total Current Assets  (calculated)1,439
+/- 48
Long-term Assets
Property Plant Equipment 8,633
Long-term Assets  (as reported)8,633
Long-term Assets  (calculated)8,633
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities161
Long-term Liabilities0
Total Stockholder Equity9,958
Total Current Liabilities
Accounts payable 118
Other Current Liabilities 44
Total Current Liabilities  (as reported)161
Total Current Liabilities  (calculated)161
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock13,354
Retained Earnings -5,513
Accumulated Other Comprehensive Income 2,117
Total Stockholder Equity (as reported)9,958
Total Stockholder Equity (calculated)9,958
+/-0
Other
Capital Stock13,354
Cash and Short Term Investments 1,346
Common Stock Shares Outstanding 92,864
Liabilities and Stockholders Equity 10,120
Net Debt -1,346
Net Invested Capital 9,958
Net Tangible Assets 9,958
Net Working Capital 1,326
Property Plant and Equipment Gross 8,633



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-30
> Total Assets 
354
4,304
5,289
6,752
7,685
10,120
10,1207,6856,7525,2894,304354
   > Total Current Assets 
254
3,119
2,138
1,681
1,696
1,487
1,4871,6961,6812,1383,119254
       Cash And Cash Equivalents 
106
3,064
2,006
1,553
1,623
1,346
1,3461,6231,5532,0063,064106
       Net Receivables 
29
38
79
82
23
93
932382793829
       Other Current Assets 
103
17
53
46
49
0
049465317103
   > Long-term Assets 
0
1,185
3,151
5,071
5,989
8,633
8,6335,9895,0713,1511,1850
       Property Plant Equipment 
100
1,185
3,151
5,071
5,989
8,633
8,6335,9895,0713,1511,185100
> Total Liabilities 
154
94
230
199
128
161
16112819923094154
   > Total Current Liabilities 
154
94
230
199
128
161
16112819923094154
       Accounts payable 
99
40
103
55
51
118
11851551034099
       Other Current Liabilities 
0
55
127
144
77
44
4477144127550
   > Long-term Liabilities 
0
40
103
55
51
0
05155103400
> Total Stockholder Equity
200
4,210
5,059
6,553
7,557
9,958
9,9587,5576,5535,0594,210200
   Common Stock
400
4,359
6,064
8,261
10,252
13,354
13,35410,2528,2616,0644,359400
   Retained Earnings -5,513-3,755-2,768-1,879-1,024-176
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
-24
875
-4,185
-5,493
-6,497
-7,841
-7,841-6,497-5,493-4,185875-24



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue67
Cost of Revenue--
Gross Profit-67
 
Operating Income (+$)
Gross Profit-
Operating Expense-1,800
Operating Income-1,776-1,800
 
Operating Expense (+$)
Research Development-
Selling General Administrative1,209
Selling And Marketing Expenses55
Operating Expense1,8001,264
 
Net Interest Income (+$)
Interest Income4
Interest Expense--
Other Finance Cost-0
Net Interest Income4
 
Pretax Income (+$)
Operating Income-1,776
Net Interest Income4
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-1,758-1,814
EBIT - interestExpense = -1,776
-1,758
-1,758
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-1,776-1,758
Earnings Before Interest and Taxes (EBITDA)-1,776
 
After tax Income (+$)
Income Before Tax-1,758
Tax Provision-0
Net Income From Continuing Ops-1,758-1,758
Net Income-1,758
Net Income Applicable To Common Shares-1,758
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,800
Total Other Income/Expenses Net38-4
 

Technical Analysis of Sultan Resources Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Sultan Resources Ltd. The general trend of Sultan Resources Ltd is BEARISH with 71.4% 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 Sultan Resources Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
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 Sultan Resources Ltd.

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

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

The bullish price targets are: 0.016 < 0.016 < 0.016.

The bearish price targets are: 0.013 > 0.013 > 0.013.

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Sultan Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

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

Directionalities and relatives.

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

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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Sultan Resources Ltd. The current macd is -0.00092187.

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 Sultan Resources Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sultan Resources Ltd. 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 Sultan Resources Ltd 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
Sultan Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSultan Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Sultan Resources Ltd. The current adx is 43.24.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Sultan Resources Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Sultan Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Sultan Resources Ltd. The current sar is 0.01469428.

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
Sultan Resources Ltd Daily Parabolic SAR Chart
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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 Sultan Resources Ltd. The current rsi is 33.23. 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 -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Sultan Resources Ltd Daily Relative Strength Index (RSI) ChartSultan Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

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

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Sultan Resources Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Sultan Resources Ltd Daily Stochastic Oscillator ChartSultan Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Sultan Resources Ltd. The current cci is -74.7317795.

Sultan Resources Ltd Daily Commodity Channel Index (CCI) ChartSultan Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Sultan Resources Ltd. The current cmo is -32.41384698.

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
Sultan Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartSultan Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Sultan Resources Ltd. The current willr is -62.96296296.

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 Sultan Resources Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Sultan Resources Ltd Daily Williams %R ChartSultan Resources Ltd Daily Williams %R Chart
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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 Sultan Resources Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Sultan Resources Ltd. The current atr is 0.00039169.

Sultan Resources Ltd Daily Average True Range (ATR) ChartSultan Resources Ltd Daily Average True Range (ATR) Chart
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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 Sultan Resources Ltd. The current obv is 1,956,619.

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

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Sultan Resources Ltd. The current mfi is 8.10146568.

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

  • MFI < 50: -1
  • MFI < 20: -1
Sultan Resources Ltd Daily Money Flow Index (MFI) ChartSultan Resources Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sultan Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-04BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-09RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-10-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-10-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05CCI 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20RSI 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).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16WILLR 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).
2024-02-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Sultan Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.228
Ma 20Greater thanMa 500.015
Ma 50Greater thanMa 1000.017
Ma 100Greater thanMa 2000.017
OpenGreater thanClose0.014
Total1/5 (20.0%)
Penke

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