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Scandinavian Medical Solutions AS
Buy, Hold or Sell?

Let's analyse Scandinavian Medical Solutions AS together

PenkeI guess you are interested in Scandinavian Medical Solutions AS. 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 Scandinavian Medical Solutions AS. 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 Scandinavian Medical Solutions AS (30 sec.)










What can you expect buying and holding a share of Scandinavian Medical Solutions AS? (30 sec.)

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
kr2.71
Expected worth in 1 year
kr4.49
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
kr1.78
Return On Investment
22.9%

For what price can you sell your share?

Current Price per Share
kr7.80
Expected price per share
kr6.46 - kr7.44
How sure are you?
50%

1. Valuation of Scandinavian Medical Solutions AS (5 min.)




Live pricePrice per Share (EOD)

kr7.80

Intrinsic Value Per Share

kr-26.27 - kr-31.54

Total Value Per Share

kr-23.57 - kr-28.83

2. Growth of Scandinavian Medical Solutions AS (5 min.)




Is Scandinavian Medical Solutions AS growing?

Current yearPrevious yearGrowGrow %
How rich?$10.7m$9m$1.7m16.5%

How much money is Scandinavian Medical Solutions AS making?

Current yearPrevious yearGrowGrow %
Making money$1.7m$1.6m$123.4k7.0%
Net Profit Margin6.4%10.3%--

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

3. Financial Health of Scandinavian Medical Solutions AS (5 min.)




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




  Industry Rankings (Medical Devices)  


Richest
#241 / 340

Most Revenue
#140 / 340

Most Profit
#89 / 340

What can you expect buying and holding a share of Scandinavian Medical Solutions AS? (5 min.)

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

What can you expect buying and holding a share of Scandinavian Medical Solutions AS?

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

Speculation

The Price per Share of Scandinavian Medical Solutions AS is kr7.8. 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 Scandinavian Medical Solutions AS.
  • 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 Scandinavian Medical Solutions AS, 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 kr2.71. Based on the TTM, the Book Value Change Per Share is kr0.45 per quarter. Based on the YOY, the Book Value Change Per Share is kr1.38 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Scandinavian Medical Solutions AS.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.060.8%0.060.8%0.060.8%0.040.5%0.040.5%
Usd Book Value Change Per Share0.060.8%0.060.8%0.202.6%0.081.0%0.081.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.000.1%
Usd Total Gains Per Share0.060.8%0.060.8%0.202.6%0.081.1%0.081.1%
Usd Price Per Share1.49-1.49-0.65-0.43-0.43-
Price to Earnings Ratio23.17-23.17-10.88-6.81-6.81-
Price-to-Total Gains Ratio23.09-23.09-3.25-13.17-13.17-
Price to Book Ratio3.80-3.80-1.99-1.16-1.16-
Price-to-Total Gains Ratio23.09-23.09-3.25-13.17-13.17-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.131
Number of shares884
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.060.08
Usd Total Gains Per Share0.060.08
Gains per Quarter (884 shares)57.1773.61
Gains per Year (884 shares)228.67294.45
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1022921917278284
2045744834555578
3068667751833872
409159066711101166
50114311358413881460
601372136410116661754
701601159311819432048
801829182213522212342
902058205115224982636
1002287228016827762930

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Dividend per Share0.00.01.00.0%1.00.02.033.3%1.00.04.020.0%1.00.04.020.0%1.00.04.020.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%

Fundamentals of Scandinavian Medical Solutions AS

About Scandinavian Medical Solutions AS

Scandinavian Medical Solutions A/S deals in medical imaging equipment worldwide. It offers equipment in the categories of CATH lab, CT, linear accelerator, mammography, PET/CT, SPECT/CT, X-ray, ultrasound, MRI, Gamma/SPECT, C-arm, mobile X-ray, R/F, and others, as well as provides CT, MRI, CATH lab, X-ray, MAMMO, PET/CT, and C-arm parts. The company also provides equipment rental and technical services. It serves hospitals, medical clinics, and distributors. The company was incorporated in 2018 and is based in Aalborg, Denmark.

Fundamental data was last updated by Penke on 2024-03-10 14:42:03.

Financial Health

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

Valuation

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

1.1. Profitability of Scandinavian Medical Solutions AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Scandinavian Medical Solutions AS earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Scandinavian Medical Solutions AS to the Medical Devices industry mean.
  • A Net Profit Margin of 6.4% means that kr0.06 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Scandinavian Medical Solutions AS:

  • The MRQ is 6.4%. The company is making a profit. +1
  • The TTM is 6.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.4%TTM6.4%0.0%
TTM6.4%YOY10.3%-3.9%
TTM6.4%5Y9.7%-3.3%
5Y9.7%10Y9.7%0.0%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%-11.0%+17.4%
TTM6.4%-20.2%+26.6%
YOY10.3%-14.0%+24.3%
5Y9.7%-19.5%+29.2%
10Y9.7%-23.8%+33.5%
1.1.2. Return on Assets

Shows how efficient Scandinavian Medical Solutions AS is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Scandinavian Medical Solutions AS to the Medical Devices industry mean.
  • 7.5% Return on Assets means that Scandinavian Medical Solutions AS generated kr0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Scandinavian Medical Solutions AS:

  • The MRQ is 7.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.5%TTM7.5%0.0%
TTM7.5%YOY10.7%-3.3%
TTM7.5%5Y19.1%-11.6%
5Y19.1%10Y19.1%0.0%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ7.5%-3.1%+10.6%
TTM7.5%-4.2%+11.7%
YOY10.7%-4.0%+14.7%
5Y19.1%-3.8%+22.9%
10Y19.1%-4.1%+23.2%
1.1.3. Return on Equity

Shows how efficient Scandinavian Medical Solutions AS is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Scandinavian Medical Solutions AS to the Medical Devices industry mean.
  • 16.4% Return on Equity means Scandinavian Medical Solutions AS generated kr0.16 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Scandinavian Medical Solutions AS:

  • The MRQ is 16.4%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 16.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.4%TTM16.4%0.0%
TTM16.4%YOY18.3%-1.9%
TTM16.4%5Y51.6%-35.1%
5Y51.6%10Y51.6%0.0%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ16.4%-3.5%+19.9%
TTM16.4%-4.4%+20.8%
YOY18.3%-4.7%+23.0%
5Y51.6%-5.7%+57.3%
10Y51.6%-6.2%+57.8%

1.2. Operating Efficiency of Scandinavian Medical Solutions AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Scandinavian Medical Solutions AS is operating .

  • Measures how much profit Scandinavian Medical Solutions AS makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Scandinavian Medical Solutions AS to the Medical Devices industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Scandinavian Medical Solutions AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY13.3%-13.3%
TTM-5Y8.5%-8.5%
5Y8.5%10Y8.5%0.0%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ--24.5%+24.5%
TTM--14.9%+14.9%
YOY13.3%-11.5%+24.8%
5Y8.5%-17.1%+25.6%
10Y8.5%-20.6%+29.1%
1.2.2. Operating Ratio

Measures how efficient Scandinavian Medical Solutions AS is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Devices industry mean).
  • An Operation Ratio of 1.73 means that the operating costs are kr1.73 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Scandinavian Medical Solutions AS:

  • The MRQ is 1.731. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.731. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.731TTM1.7310.000
TTM1.731YOY1.661+0.070
TTM1.7315Y1.690+0.041
5Y1.69010Y1.6900.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7311.454+0.277
TTM1.7311.452+0.279
YOY1.6611.434+0.227
5Y1.6901.432+0.258
10Y1.6901.366+0.324

1.3. Liquidity of Scandinavian Medical Solutions AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Scandinavian Medical Solutions AS is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Devices industry mean).
  • A Current Ratio of 1.60 means the company has kr1.60 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Scandinavian Medical Solutions AS:

  • The MRQ is 1.603. The company is able to pay all its short-term debts. +1
  • The TTM is 1.603. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.603TTM1.6030.000
TTM1.603YOY2.298-0.695
TTM1.6035Y1.790-0.188
5Y1.79010Y1.7900.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6032.789-1.186
TTM1.6032.793-1.190
YOY2.2983.586-1.288
5Y1.7903.492-1.702
10Y1.7903.450-1.660
1.3.2. Quick Ratio

Measures if Scandinavian Medical Solutions AS is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Scandinavian Medical Solutions AS to the Medical Devices industry mean.
  • A Quick Ratio of 0.21 means the company can pay off kr0.21 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Scandinavian Medical Solutions AS:

  • The MRQ is 0.208. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.208. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.208TTM0.2080.000
TTM0.208YOY0.172+0.037
TTM0.2085Y0.201+0.008
5Y0.20110Y0.2010.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2081.587-1.379
TTM0.2081.633-1.425
YOY0.1722.155-1.983
5Y0.2012.300-2.099
10Y0.2012.255-2.054

1.4. Solvency of Scandinavian Medical Solutions AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Scandinavian Medical Solutions AS assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Scandinavian Medical Solutions AS to Medical Devices industry mean.
  • A Debt to Asset Ratio of 0.55 means that Scandinavian Medical Solutions AS assets are financed with 54.6% credit (debt) and the remaining percentage (100% - 54.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Scandinavian Medical Solutions AS:

  • The MRQ is 0.546. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.546. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.546TTM0.5460.000
TTM0.546YOY0.414+0.132
TTM0.5465Y0.560-0.014
5Y0.56010Y0.5600.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5460.400+0.146
TTM0.5460.386+0.160
YOY0.4140.330+0.084
5Y0.5600.440+0.120
10Y0.5600.460+0.100
1.4.2. Debt to Equity Ratio

Measures if Scandinavian Medical Solutions AS is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Scandinavian Medical Solutions AS to the Medical Devices industry mean.
  • A Debt to Equity ratio of 120.2% means that company has kr1.20 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Scandinavian Medical Solutions AS:

  • The MRQ is 1.202. The company is able to pay all its debts with equity. +1
  • The TTM is 1.202. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.202TTM1.2020.000
TTM1.202YOY0.707+0.496
TTM1.2025Y1.448-0.246
5Y1.44810Y1.4480.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2020.570+0.632
TTM1.2020.569+0.633
YOY0.7070.479+0.228
5Y1.4480.626+0.822
10Y1.4480.692+0.756

2. Market Valuation of Scandinavian Medical Solutions AS

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Scandinavian Medical Solutions AS generates.

  • Above 15 is considered overpriced but always compare Scandinavian Medical Solutions AS to the Medical Devices industry mean.
  • A PE ratio of 23.17 means the investor is paying kr23.17 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Scandinavian Medical Solutions AS:

  • The EOD is 17.548. Based on the earnings, the company is fair priced.
  • The MRQ is 23.173. Based on the earnings, the company is fair priced.
  • The TTM is 23.173. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD17.548MRQ23.173-5.624
MRQ23.173TTM23.1730.000
TTM23.173YOY10.882+12.291
TTM23.1735Y6.811+16.362
5Y6.81110Y6.8110.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD17.548-1.038+18.586
MRQ23.173-1.216+24.389
TTM23.173-1.757+24.930
YOY10.882-2.588+13.470
5Y6.811-1.553+8.364
10Y6.811-1.463+8.274
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Scandinavian Medical Solutions AS:

  • The EOD is -4.361. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.759. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.759. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.361MRQ-5.759+1.398
MRQ-5.759TTM-5.7590.000
TTM-5.759YOY-5.087-0.673
TTM-5.7595Y-2.169-3.590
5Y-2.16910Y-2.1690.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD-4.361-1.228-3.133
MRQ-5.759-1.746-4.013
TTM-5.759-2.961-2.798
YOY-5.087-6.157+1.070
5Y-2.169-4.928+2.759
10Y-2.169-5.626+3.457
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Scandinavian Medical Solutions AS is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Medical Devices industry mean).
  • A PB ratio of 3.80 means the investor is paying kr3.80 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Scandinavian Medical Solutions AS:

  • The EOD is 2.881. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.805. Based on the equity, the company is fair priced.
  • The TTM is 3.805. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.881MRQ3.805-0.923
MRQ3.805TTM3.8050.000
TTM3.805YOY1.990+1.815
TTM3.8055Y1.159+2.646
5Y1.15910Y1.1590.000
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD2.8812.038+0.843
MRQ3.8052.321+1.484
TTM3.8052.444+1.361
YOY1.9903.047-1.057
5Y1.1593.918-2.759
10Y1.1594.245-3.086
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Scandinavian Medical Solutions AS 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--0.4460.4460%1.384-68%0.541-18%0.541-18%
Book Value Per Share--2.7072.7070%2.261+20%1.227+121%1.227+121%
Current Ratio--1.6031.6030%2.298-30%1.790-10%1.790-10%
Debt To Asset Ratio--0.5460.5460%0.414+32%0.560-2%0.560-2%
Debt To Equity Ratio--1.2021.2020%0.707+70%1.448-17%1.448-17%
Dividend Per Share----0%-0%0.033-100%0.033-100%
Eps--0.4440.4440%0.414+7%0.286+56%0.286+56%
Free Cash Flow Per Share---1.788-1.7880%-0.885-51%-0.671-62%-0.671-62%
Free Cash Flow To Equity Per Share---1.788-1.7880%0.086-2172%-0.353-80%-0.353-80%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---31.536--------
Intrinsic Value_10Y_min---26.273--------
Intrinsic Value_1Y_max---1.345--------
Intrinsic Value_1Y_min---1.307--------
Intrinsic Value_3Y_max---5.425--------
Intrinsic Value_3Y_min---5.098--------
Intrinsic Value_5Y_max---11.172--------
Intrinsic Value_5Y_min---10.145--------
Market Cap214515600.000-32%283270600.000283270600.0000%123759000.000+129%81405920.000+248%81405920.000+248%
Net Profit Margin--0.0640.0640%0.103-38%0.097-34%0.097-34%
Operating Margin----0%0.133-100%0.085-100%0.085-100%
Operating Ratio--1.7311.7310%1.661+4%1.690+2%1.690+2%
Pb Ratio2.881-32%3.8053.8050%1.990+91%1.159+228%1.159+228%
Pe Ratio17.548-32%23.17323.1730%10.882+113%6.811+240%6.811+240%
Price Per Share7.800-32%10.30010.3000%4.500+129%2.960+248%2.960+248%
Price To Free Cash Flow Ratio-4.361+24%-5.759-5.7590%-5.087-12%-2.169-62%-2.169-62%
Price To Total Gains Ratio17.489-32%23.09523.0950%3.250+611%13.172+75%13.172+75%
Quick Ratio--0.2080.2080%0.172+21%0.201+4%0.201+4%
Return On Assets--0.0750.0750%0.107-30%0.191-61%0.191-61%
Return On Equity--0.1640.1640%0.183-10%0.516-68%0.516-68%
Total Gains Per Share--0.4460.4460%1.384-68%0.574-22%0.574-22%
Usd Book Value--10795434.15010795434.1500%9016910.405+20%4894200.863+121%4894200.863+121%
Usd Book Value Change Per Share--0.0650.0650%0.201-68%0.079-18%0.079-18%
Usd Book Value Per Share--0.3930.3930%0.328+20%0.178+121%0.178+121%
Usd Dividend Per Share----0%-0%0.005-100%0.005-100%
Usd Eps--0.0640.0640%0.060+7%0.041+56%0.041+56%
Usd Free Cash Flow---7131889.235-7131889.2350%-3527841.010-51%-2142169.100-70%-2142169.100-70%
Usd Free Cash Flow Per Share---0.259-0.2590%-0.128-51%-0.097-62%-0.097-62%
Usd Free Cash Flow To Equity Per Share---0.259-0.2590%0.013-2172%-0.051-80%-0.051-80%
Usd Market Cap31104762.000-32%41074237.00041074237.0000%17945055.000+129%11803858.400+248%11803858.400+248%
Usd Price Per Share1.131-32%1.4941.4940%0.653+129%0.429+248%0.429+248%
Usd Profit--1772525.5301772525.5300%1649047.880+7%1139815.304+56%1139815.304+56%
Usd Revenue--27722778.66527722778.6650%16026836.660+73%12948601.326+114%12948601.326+114%
Usd Total Gains Per Share--0.0650.0650%0.201-68%0.083-22%0.083-22%
 EOD+3 -5MRQTTM+0 -0YOY+13 -205Y+15 -2010Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of Scandinavian Medical Solutions AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.548
Price to Book Ratio (EOD)Between0-12.881
Net Profit Margin (MRQ)Greater than00.064
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.208
Current Ratio (MRQ)Greater than11.603
Debt to Asset Ratio (MRQ)Less than10.546
Debt to Equity Ratio (MRQ)Less than11.202
Return on Equity (MRQ)Greater than0.150.164
Return on Assets (MRQ)Greater than0.050.075
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Scandinavian Medical Solutions AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.057
Ma 20Greater thanMa 507.147
Ma 50Greater thanMa 1007.455
Ma 100Greater thanMa 2007.843
OpenGreater thanClose7.320
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in DKK. All numbers in thousands.

Summary
Total Assets163,964
Total Liabilities89,513
Total Stockholder Equity74,451
 As reported
Total Liabilities 89,513
Total Stockholder Equity+ 74,451
Total Assets = 163,964

Assets

Total Assets163,964
Total Current Assets115,097
Long-term Assets48,867
Total Current Assets
Cash And Cash Equivalents 7,918
Net Receivables 14,969
Inventory 83,196
Other Current Assets 0
Total Current Assets  (as reported)115,097
Total Current Assets  (calculated)106,084
+/- 9,014
Long-term Assets
Property Plant Equipment 48,272
Long-term Assets  (as reported)48,867
Long-term Assets  (calculated)48,272
+/- 595

Liabilities & Shareholders' Equity

Total Current Liabilities71,823
Long-term Liabilities17,690
Total Stockholder Equity74,451
Total Current Liabilities
Short Long Term Debt 7,460
Accounts payable 33,682
Other Current Liabilities 3,828
Total Current Liabilities  (as reported)71,823
Total Current Liabilities  (calculated)44,970
+/- 26,853
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt21,144
Long-term Liabilities  (as reported)17,690
Long-term Liabilities  (calculated)21,144
+/- 3,454
Total Stockholder Equity
Retained Earnings 73,359
Total Stockholder Equity (as reported)74,451
Total Stockholder Equity (calculated)73,359
+/- 1,093
Other
Capital Stock1,093
Common Stock Shares Outstanding 27,317
Net Invested Capital 81,911
Net Working Capital 43,275
Property Plant and Equipment Gross 53,405



Balance Sheet

Currency in DKK. All numbers in thousands.

 Trend2023-09-302022-09-302021-09-302020-09-302019-09-30
> Total Assets 
9,370
17,061
44,644
106,125
163,964
163,964106,12544,64417,0619,370
   > Total Current Assets 
9,322
17,009
44,347
92,670
115,097
115,09792,67044,34717,0099,322
       Cash And Cash Equivalents 
4,057
10,662
25,401
27,763
7,918
7,91827,76325,40110,6624,057
       Net Receivables 
2,171
2,737
1,050
6,932
14,969
14,9696,9321,0502,7372,171
       Inventory 
2,686
3,606
16,134
56,176
83,196
83,19656,17616,1343,6062,686
   > Long-term Assets 
48
53
297
13,456
48,867
48,86713,4562975348
       Property Plant Equipment 
0
24
72
13,148
48,272
48,27213,14872240
       Other Assets 
0
29
297
308
0
0308297290
> Total Liabilities 
6,231
12,181
20,535
43,940
89,513
89,51343,94020,53512,1816,231
   > Total Current Liabilities 
6,231
12,181
20,535
40,331
71,823
71,82340,33120,53512,1816,231
       Short Long Term Debt 
105
302
0
106
7,460
7,4601060302105
       Accounts payable 
5,261
7,865
7,339
25,360
33,682
33,68225,3607,3397,8655,261
       Other Current Liabilities 
0
3,078
13,196
14,865
3,828
3,82814,86513,1963,0780
   > Long-term Liabilities 
0
0
0
3,609
17,690
17,6903,609000
       Other Liabilities 
0
0
0
3,609
0
03,609000
> Total Stockholder Equity
3,139
4,880
24,110
62,186
74,451
74,45162,18624,1104,8803,139
   Common Stock
0
100
850
1,090
0
01,0908501000
   Retained Earnings 
3,039
4,780
23,260
61,096
73,359
73,35961,09623,2604,7803,039
   Capital Surplus 00000
   Treasury Stock00000
   Other Stockholders Equity 00000



Balance Sheet

Currency in DKK. All numbers in thousands.




Cash Flow

Currency in DKK. All numbers in thousands.




Income Statement

Currency in DKK. All numbers in thousands.


Latest Income Statement (annual, 2023-09-30)

Gross Profit (+$)
totalRevenue191,192
Cost of Revenue-156,462
Gross Profit34,72934,729
 
Operating Income (+$)
Gross Profit34,729
Operating Expense-174,565
Operating Income16,627-139,836
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense174,5650
 
Net Interest Income (+$)
Interest Income144
Interest Expense-977
Other Finance Cost-0
Net Interest Income-833
 
Pretax Income (+$)
Operating Income16,627
Net Interest Income-833
Other Non-Operating Income Expenses0
Income Before Tax (EBT)15,79416,627
EBIT - interestExpense = -977
12,224
13,201
Interest Expense977
Earnings Before Interest and Taxes (EBIT)016,770
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax15,794
Tax Provision-3,569
Net Income From Continuing Ops12,22412,224
Net Income12,224
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 Net0833
 

Technical Analysis of Scandinavian Medical Solutions AS
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 Scandinavian Medical Solutions AS. The general trend of Scandinavian Medical Solutions AS is BEARISH with 57.1% 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 Scandinavian Medical Solutions AS'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 (-57.1%) Bearish trend (57.1%)
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 Scandinavian Medical Solutions AS.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 7.44 < 7.44 < 7.44.

The bearish price targets are: 7.68 > 6.56 > 6.46.

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Scandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-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 above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower 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

Scandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current macd is -0.08146296.

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 Scandinavian Medical Solutions AS price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Scandinavian Medical Solutions AS. 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 Scandinavian Medical Solutions AS 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
Scandinavian Medical Solutions AS Daily Moving Average Convergence/Divergence (MACD) ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current adx is 19.15.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Scandinavian Medical Solutions AS shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Scandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current sar is 6.607008.

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
Scandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current rsi is 64.06. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Scandinavian Medical Solutions AS Daily Relative Strength Index (RSI) ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. 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 Scandinavian Medical Solutions AS price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Scandinavian Medical Solutions AS Daily Stochastic Oscillator ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current cci is 164.52.

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
Scandinavian Medical Solutions AS Daily Commodity Channel Index (CCI) ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current cmo is 45.56.

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
Scandinavian Medical Solutions AS Daily Chande Momentum Oscillator (CMO) ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current willr is -18.42105263.

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
Scandinavian Medical Solutions AS Daily Williams %R ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS.

Scandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current atr is 0.29093265.

Scandinavian Medical Solutions AS Daily Average True Range (ATR) ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current obv is 3,088,113.

Scandinavian Medical Solutions AS Daily On-Balance Volume (OBV) ChartScandinavian Medical Solutions AS 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 Scandinavian Medical Solutions AS. The current mfi is 59.16.

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
Scandinavian Medical Solutions AS Daily Money Flow Index (MFI) ChartScandinavian Medical Solutions AS Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Scandinavian Medical Solutions AS.

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.
2023-11-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-20DMI 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
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 CLOSE80 crossover to downside
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02STOCH 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).
2024-01-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23DMI 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
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11DMI 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25DMI 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.
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Scandinavian Medical Solutions AS Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Scandinavian Medical Solutions AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.057
Ma 20Greater thanMa 507.147
Ma 50Greater thanMa 1007.455
Ma 100Greater thanMa 2007.843
OpenGreater thanClose7.320
Total1/5 (20.0%)
Penke

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