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SMSMED (Scandinavian Medical Solutions AS) Stock Analysis
Buy, Hold or Sell?

Let's analyze Scandinavian Medical Solutions AS together

I 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.

  • ๐Ÿ“Š Fundamental Analysis (FA) โ€“ Scandinavian Medical Solutions ASโ€™s Financial Insights
  • ๐Ÿ“ˆ Technical Analysis (TA) โ€“ Scandinavian Medical Solutions ASโ€™s Price Targets

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.

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1. Quick Overview

1.1. Quick analysis of Scandinavian Medical Solutions AS (30 sec.)










1.2. 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?
16.7%

What is your share worth?

Current worth
kr2.98
Expected worth in 1 year
kr4.14
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
kr1.16
Return On Investment
23.5%

For what price can you sell your share?

Current Price per Share
kr4.94
Expected price per share
kr4 - kr5.24
How sure are you?
50%
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2. Detailed Analysis

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




Live pricePrice per Share (EOD)
kr4.94
Intrinsic Value Per Share
kr-16.35 - kr-19.41
Total Value Per Share
kr-13.37 - kr-16.43

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




Is Scandinavian Medical Solutions AS growing?

Current yearPrevious yearGrowGrow %
How rich?$12.9m$11.7m$1.2m9.7%

How much money is Scandinavian Medical Solutions AS making?

Current yearPrevious yearGrowGrow %
Making money$1.2m$1.9m-$698.4k-57.0%
Net Profit Margin3.4%6.4%--

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

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




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




  Industry Rankings (Medical Devices)  


Richest
#200 / 292

Most Revenue
#114 / 292

Most Profit
#92 / 292
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3. Summary and Key Metrics

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

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.

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 kr4.94. 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 kr2.98. Based on the TTM, the Book Value Change Per Share is kr0.29 per quarter. Based on the YOY, the Book Value Change Per Share is kr0.44 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?

 MRQTTMYOY3Y5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.040.9%0.040.9%0.071.4%0.061.2%0.051.0%0.040.9%
Usd Book Value Change Per Share0.050.9%0.050.9%0.071.4%0.112.2%0.091.8%0.081.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.1%0.000.1%
Usd Total Gains Per Share0.050.9%0.050.9%0.071.4%0.112.2%0.101.9%0.081.7%
Usd Price Per Share1.04-1.04-1.62-1.12-0.67-0.56-
Price to Earnings Ratio23.47-23.47-23.33-19.25-11.55-9.63-
Price-to-Total Gains Ratio22.75-22.75-23.25-16.42-16.42-16.42-
Price to Book Ratio2.22-2.22-3.83-2.68-1.61-1.34-
Price-to-Total Gains Ratio22.75-22.75-23.25-16.42-16.42-16.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.777556
Number of shares1286
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.050.09
Usd Total Gains Per Share0.050.10
Gains per Quarter (1286 shares)58.72122.62
Gains per Year (1286 shares)234.87490.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1023522526464480
2047046053928970
307056957913921460
4093993010618561950
501174116513223202440
601409140015927842930
701644163518532483420
801879187021137123910
902114210523841774400
1002349234026446414890

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%6.00.00.0100.0%6.00.00.0100.0%
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%1.00.04.020.0%1.00.05.016.7%1.00.05.016.7%
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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3.2. 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+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2900.2900%0.443-35%0.703-59%0.573-49%0.497-42%
Book Value Per Share--2.9792.9790%2.689+11%2.638+13%1.792+66%1.512+97%
Current Ratio--1.5671.5670%1.603-2%1.822-14%1.805-13%1.753-11%
Debt To Asset Ratio--0.5260.5260%0.546-4%0.495+6%0.532-1%0.554-5%
Debt To Equity Ratio--1.1111.1110%1.202-8%1.007+10%1.273-13%1.392-20%
Dividend Per Share----0%-0%-0%0.033-100%0.027-100%
Enterprise Value--91104180.00091104180.0000%203584601.000-55%134368319.000-32%134368319.000-32%134368319.000-32%
Eps--0.2810.2810%0.442-36%0.378-26%0.318-12%0.283-1%
Ev To Sales Ratio--0.4020.4020%1.065-62%0.816-51%0.816-51%0.816-51%
Free Cash Flow Per Share---0.545-0.5450%-1.776+226%-1.067+96%-0.5430%-0.5430%
Free Cash Flow To Equity Per Share---0.545-0.5450%-1.011+86%-0.490-10%-0.137-75%-0.137-75%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---19.410----------
Intrinsic Value_10Y_min---16.350----------
Intrinsic Value_1Y_max---1.259----------
Intrinsic Value_1Y_min---1.223----------
Intrinsic Value_3Y_max---4.305----------
Intrinsic Value_3Y_min---4.057----------
Intrinsic Value_5Y_max---7.982----------
Intrinsic Value_5Y_min---7.286----------
Market Cap136775262.000-34%182736180.000182736180.0000%285179190.000-36%197502740.000-7%118501644.000+54%98751370.000+85%
Net Profit Margin--0.0340.0340%0.064-46%0.067-49%0.085-59%0.087-60%
Operating Margin----0%0.088-100%0.074-100%0.105-100%0.108-100%
Operating Ratio--1.7621.7620%0.913+93%1.181+49%1.050+68%1.021+73%
Pb Ratio1.658-34%2.2152.2150%3.830-42%2.683-17%1.610+38%1.342+65%
Pe Ratio17.565-34%23.46723.4670%23.329+1%19.250+22%11.550+103%9.625+144%
Price Per Share4.940-34%6.6006.6000%10.300-36%7.133-7%4.280+54%3.567+85%
Price To Free Cash Flow Ratio-9.072+25%-12.120-12.1200%-5.798-52%-7.680-37%-4.608-62%-3.840-68%
Price To Total Gains Ratio17.029-34%22.75222.7520%23.250-2%16.425+39%16.425+39%16.425+39%
Quick Ratio--0.2740.2740%0.319-14%0.498-45%0.777-65%0.814-66%
Return On Assets--0.0450.0450%0.075-40%0.075-41%0.135-67%0.166-73%
Return On Equity--0.0940.0940%0.164-43%0.147-36%0.341-72%0.445-79%
Total Gains Per Share--0.2900.2900%0.443-35%0.703-59%0.606-52%0.524-45%
Usd Book Value--12982824.20012982824.2000%11718629.898+11%11496488.602+13%7810497.071+66%6591086.883+97%
Usd Book Value Change Per Share--0.0460.0460%0.070-35%0.111-59%0.090-49%0.078-42%
Usd Book Value Per Share--0.4690.4690%0.423+11%0.415+13%0.282+66%0.238+97%
Usd Dividend Per Share----0%-0%-0%0.005-100%0.004-100%
Usd Enterprise Value--14339797.93214339797.9320%32044216.197-55%21149573.411-32%21149573.411-32%21149573.411-32%
Usd Eps--0.0440.0440%0.069-36%0.059-26%0.050-12%0.045-1%
Usd Free Cash Flow---2373119.800-2373119.8000%-7741788.728+226%-4648146.923+96%-2366914.0530%-1972428.378-17%
Usd Free Cash Flow Per Share---0.086-0.0860%-0.280+226%-0.168+96%-0.0850%-0.0850%
Usd Free Cash Flow To Equity Per Share---0.086-0.0860%-0.159+86%-0.077-10%-0.022-75%-0.022-75%
Usd Market Cap21528426.239-34%28762674.73228762674.7320%44887204.506-36%31086931.276-7%18652158.766+54%15543465.638+85%
Usd Price Per Share0.778-34%1.0391.0390%1.621-36%1.123-7%0.674+54%0.561+85%
Usd Profit--1225673.8001225673.8000%1924107.024-36%1646616.910-26%1386764.736-12%1235353.270-1%
Usd Revenue--35679746.80035679746.8000%30093554.220+19%27723569.513+29%20209846.365+77%17659899.459+102%
Usd Total Gains Per Share--0.0460.0460%0.070-35%0.111-59%0.095-52%0.082-45%
 EOD+3 -5MRQTTM+0 -0YOY+14 -223Y+11 -255Y+11 -2710Y+11 -27

3.3 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)Between0-1517.565
Price to Book Ratio (EOD)Between0-11.658
Net Profit Margin (MRQ)Greater than00.034
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.274
Current Ratio (MRQ)Greater than11.567
Debt to Asset Ratio (MRQ)Less than10.526
Debt to Equity Ratio (MRQ)Less than11.111
Return on Equity (MRQ)Greater than0.150.094
Return on Assets (MRQ)Greater than0.050.045
Total3/10 (30.0%)

3.4 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 than5059.396
Ma 20Greater thanMa 504.642
Ma 50Greater thanMa 1004.656
Ma 100Greater thanMa 2004.836
OpenGreater thanClose4.510
Total1/5 (20.0%)

4. In-depth Analysis

4.1 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 2025-06-30 12:06:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is 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.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
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.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compareย Scandinavian Medical Solutions AS to theย Medical Devices industry mean.
  • A Net Profit Margin of 3.4%ย means thatย kr0.03 for each kr1ย 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 3.4%. The company is making a profit. +1
  • The TTM is 3.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.4%0.0%
TTM3.4%YOY6.4%-3.0%
TTM3.4%5Y8.5%-5.0%
5Y8.5%10Y8.7%-0.2%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%-8.0%+11.4%
TTM3.4%-10.5%+13.9%
YOY6.4%-13.3%+19.7%
3Y6.7%-14.9%+21.6%
5Y8.5%-11.0%+19.5%
10Y8.7%-11.5%+20.2%
4.3.1.2. Return on Assets

Shows howย efficientย Scandinavian Medical Solutions AS is using its assets to generate profit.

  • Above 5% is considered healthyย but always compareย Scandinavian Medical Solutions AS to theย Medical Devices industry mean.
  • 4.5% Return on Assets means thatย Scandinavian Medical Solutions AS generatedย kr0.04 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 4.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.5%TTM4.5%0.0%
TTM4.5%YOY7.5%-3.0%
TTM4.5%5Y13.5%-9.0%
5Y13.5%10Y16.6%-3.2%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5%-2.2%+6.7%
TTM4.5%-2.6%+7.1%
YOY7.5%-3.5%+11.0%
3Y7.5%-2.9%+10.4%
5Y13.5%-2.7%+16.2%
10Y16.6%-2.4%+19.0%
4.3.1.3. 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 compareย Scandinavian Medical Solutions AS to theย Medical Devices industry mean.
  • 9.4% Return on Equity means Scandinavian Medical Solutions AS generated kr0.09ย for eachย kr1 the owners (shareholders) invested.

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

  • The MRQ is 9.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.4%TTM9.4%0.0%
TTM9.4%YOY16.4%-7.0%
TTM9.4%5Y34.1%-24.6%
5Y34.1%10Y44.5%-10.5%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ9.4%-2.0%+11.4%
TTM9.4%-3.2%+12.6%
YOY16.4%-3.9%+20.3%
3Y14.7%-4.0%+18.7%
5Y34.1%-4.4%+38.5%
10Y44.5%-6.3%+50.8%
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4.3.2. Operating Efficiency of Scandinavian Medical Solutions AS.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measuresย how efficient Scandinavian Medical Solutions AS is operatingย .

  • 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 compareย Scandinavian Medical Solutions AS to theย Medical Devices industry mean.
  • An Operating Margin of 0.0%ย means the company generated kr0.00 ย 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-YOY8.8%-8.8%
TTM-5Y10.5%-10.5%
5Y10.5%10Y10.8%-0.3%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ--11.2%+11.2%
TTM--13.7%+13.7%
YOY8.8%-11.9%+20.7%
3Y7.4%-11.5%+18.9%
5Y10.5%-10.1%+20.6%
10Y10.8%-10.8%+21.6%
4.3.2.2. Operating Ratio

Measures how efficient Scandinavian Medical Solutions AS is keepingย operating costsย low.

  • Below 1 is considered healthy (always compare toย Medical Devices industry mean).
  • An Operation Ratio of 1.76 means that the operating costs are kr1.76 for each kr1 in net sales.

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

  • The MRQ is 1.762. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.762. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.762TTM1.7620.000
TTM1.762YOY0.913+0.849
TTM1.7625Y1.050+0.713
5Y1.05010Y1.021+0.029
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7621.397+0.365
TTM1.7621.389+0.373
YOY0.9131.292-0.379
3Y1.1811.345-0.164
5Y1.0501.373-0.323
10Y1.0211.326-0.305
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4.4.3. Liquidity of Scandinavian Medical Solutions AS.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare toย Medical Devices industry mean).
  • A Current Ratio of 1.57ย means the company has kr1.57 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 1.567. The company is able to pay all its short-term debts. +1
  • The TTM is 1.567. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.567TTM1.5670.000
TTM1.567YOY1.603-0.036
TTM1.5675Y1.805-0.238
5Y1.80510Y1.753+0.051
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5672.473-0.906
TTM1.5672.589-1.022
YOY1.6032.630-1.027
3Y1.8222.884-1.062
5Y1.8053.528-1.723
10Y1.7533.291-1.538
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy butย always compareย Scandinavian Medical Solutions AS to theย Medical Devices industry mean.
  • A Quick Ratio of 0.27ย means the company can pay off kr0.27 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 0.274. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.274. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.274TTM0.2740.000
TTM0.274YOY0.319-0.045
TTM0.2745Y0.777-0.503
5Y0.77710Y0.814-0.037
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2741.072-0.798
TTM0.2741.405-1.131
YOY0.3191.638-1.319
3Y0.4981.815-1.317
5Y0.7772.142-1.365
10Y0.8142.338-1.524
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4.5.4. Solvency of Scandinavian Medical Solutions AS.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compareย Scandinavian Medical Solutions AS to Medical Devices industry mean.
  • A Debt to Asset Ratio of 0.53ย means that Scandinavian Medical Solutions AS assets areย financed with 52.6% credit (debt) and the remaining percentage (100% - 52.6%)ย is financed by its owners/shareholders.ย 

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

  • The MRQ is 0.526. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.526. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.526TTM0.5260.000
TTM0.526YOY0.546-0.020
TTM0.5265Y0.532-0.006
5Y0.53210Y0.554-0.022
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5260.409+0.117
TTM0.5260.419+0.107
YOY0.5460.401+0.145
3Y0.4950.391+0.104
5Y0.5320.424+0.108
10Y0.5540.457+0.097
4.5.4.2. Debt to Equity Ratio

Measures ifย Scandinavian Medical Solutions AS is able toย pay off its debts by usingย shareholders equity.

  • Below 2 is considered healthy butย always compareย Scandinavian Medical Solutions AS to theย Medical Devices industry mean.
  • A Debt to Equity ratio of 111.1% means that company has kr1.11 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 1.111. The company is able to pay all its debts with equity. +1
  • The TTM is 1.111. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.111TTM1.1110.000
TTM1.111YOY1.202-0.091
TTM1.1115Y1.273-0.163
5Y1.27310Y1.392-0.119
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1110.608+0.503
TTM1.1110.648+0.463
YOY1.2020.615+0.587
3Y1.0070.644+0.363
5Y1.2730.683+0.590
10Y1.3920.757+0.635
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measuresย how much money you payย for each share forย every kr1 in earnings Scandinavian Medical Solutions AS generates.

  • Above 15 is considered overpriced butย always compareย Scandinavian Medical Solutions AS to theย Medical Devices industry mean.
  • A PE ratio of 23.47 means the investor is paying kr23.47ย 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 17.565. Based on the earnings, the company is fair priced.
  • The MRQ is 23.467. Based on the earnings, the company is fair priced.
  • The TTM is 23.467. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD17.565MRQ23.467-5.902
MRQ23.467TTM23.4670.000
TTM23.467YOY23.329+0.138
TTM23.4675Y11.550+11.917
5Y11.55010Y9.625+1.925
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD17.565-1.167+18.732
MRQ23.467-1.518+24.985
TTM23.467-1.257+24.724
YOY23.329-2.406+25.735
3Y19.250-1.572+20.822
5Y11.550-1.927+13.477
10Y9.625-1.706+11.331
4.6.2.2. 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 -9.072. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -12.120. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -12.120. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.072MRQ-12.120+3.048
MRQ-12.120TTM-12.1200.000
TTM-12.120YOY-5.798-6.322
TTM-12.1205Y-4.608-7.512
5Y-4.60810Y-3.840-0.768
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD-9.072-2.595-6.477
MRQ-12.120-3.183-8.937
TTM-12.120-1.612-10.508
YOY-5.798-3.344-2.454
3Y-7.680-2.453-5.227
5Y-4.608-3.239-1.369
10Y-3.840-3.398-0.442
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthyย (always compare to Medical Devices industry mean).
  • A PB ratio of 2.22 means the investor is paying kr2.22ย 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 1.658. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.215. Based on the equity, the company is underpriced. +1
  • The TTM is 2.215. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.658MRQ2.215-0.557
MRQ2.215TTM2.2150.000
TTM2.215YOY3.830-1.615
TTM2.2155Y1.610+0.606
5Y1.61010Y1.342+0.268
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD1.6582.011-0.353
MRQ2.2151.966+0.249
TTM2.2152.162+0.053
YOY3.8302.656+1.174
3Y2.6832.683+0.000
5Y1.6103.822-2.212
10Y1.3424.189-2.847
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-09-30. Currency in DKK. All numbers in thousands.

Summary
Total Assets174,115
Total Liabilities91,632
Total Stockholder Equity82,483
 As reported
Total Liabilities 91,632
Total Stockholder Equity+ 82,483
Total Assets = 174,115

Assets

Total Assets174,115
Total Current Assets121,151
Long-term Assets52,964
Total Current Assets
Cash And Cash Equivalents 10,997
Net Receivables 21,163
Inventory 80,606
Total Current Assets  (as reported)121,151
Total Current Assets  (calculated)112,766
+/- 8,385
Long-term Assets
Property Plant Equipment 51,854
Long-term Assets  (as reported)52,964
Long-term Assets  (calculated)51,854
+/- 1,110

Liabilities & Shareholders' Equity

Total Current Liabilities77,334
Long-term Liabilities14,298
Total Stockholder Equity82,483
Total Current Liabilities
Short Long Term Debt 21,863
Accounts payable 40,602
Other Current Liabilities 2,024
Total Current Liabilities  (as reported)77,334
Total Current Liabilities  (calculated)64,489
+/- 12,845
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt17,381
Long-term Liabilities  (as reported)14,298
Long-term Liabilities  (calculated)17,381
+/- 3,083
Total Stockholder Equity
Retained Earnings 81,383
Total Stockholder Equity (as reported)82,483
Total Stockholder Equity (calculated)81,383
+/- 1,100
Other
Capital Stock1,100
Common Stock Shares Outstanding 27,502
Net Debt 10,866
Net Invested Capital 104,346
Net Working Capital 43,817
Property Plant and Equipment Gross 61,543



6.2. Balance Sheets Structured

Currency in DKK. All numbers in thousands.

 Trend2024-09-302023-09-302022-09-302021-09-302020-09-302019-09-30
> Total Assets 
9,370
17,061
44,644
106,125
163,964
174,115
174,115163,964106,12544,64417,0619,370
   > Total Current Assets 
9,322
17,009
44,347
92,670
115,097
121,151
121,151115,09792,67044,34717,0099,322
       Cash And Cash Equivalents 
4,057
10,662
25,401
27,763
7,918
10,997
10,9977,91827,76325,40110,6624,057
       Net Receivables 
2,171
2,737
1,050
8,634
14,969
21,163
21,16314,9698,6341,0502,7372,171
       Inventory 
2,686
3,606
14,437
51,546
85,926
80,606
80,60685,92651,54614,4373,6062,686
   > Long-term Assets 
48
53
297
13,456
48,867
52,964
52,96448,86713,4562975348
       Property Plant Equipment 
48
24
72
13,148
48,272
51,854
51,85448,27213,148722448
       Other Assets 
0
29
297
308
0
0
00308297290
> Total Liabilities 
6,231
12,181
20,535
43,940
89,513
91,632
91,63289,51343,94020,53512,1816,231
   > Total Current Liabilities 
6,231
12,181
20,535
40,331
71,823
77,334
77,33471,82340,33120,53512,1816,231
       Short-term Debt 
105
557
0
106
10,914
0
010,9141060557105
       Short Long Term Debt 
105
302
0
106
7,460
21,863
21,8637,4601060302105
       Accounts payable 
5,261
7,865
7,339
25,360
33,682
40,602
40,60233,68225,3607,3397,8655,261
       Other Current Liabilities 
0
3,078
1,858
649
-26,445
2,024
2,024-26,4456491,8583,0780
   > Long-term Liabilities 
0
0
0
3,609
17,690
14,298
14,29817,6903,609000
       Other Liabilities 
0
0
0
3,609
0
0
003,609000
> Total Stockholder Equity
3,139
4,880
24,110
62,186
74,451
82,483
82,48374,45162,18624,1104,8803,139
   Common Stock
0
100
850
1,090
1,093
0
01,0931,0908501000
   Retained Earnings 
3,039
4,780
23,260
61,096
73,359
81,383
81,38373,35961,09623,2604,7803,039
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
100
0
0
0
0
0
00000100



6.3. Balance Sheets

Currency in DKK. All numbers in thousands.




6.4. Cash Flows

Currency in DKK. All numbers in thousands.




6.5. Income Statements

Currency in DKK. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-09-30. Currency in DKK. All numbers in thousands.

Gross Profit (+$)
totalRevenue226,682
Cost of Revenue-186,559
Gross Profit40,12340,123
 
Operating Income (+$)
Gross Profit40,123
Operating Expense-212,931
Operating Income13,751-172,808
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense212,9310
 
Net Interest Income (+$)
Interest Income1,547
Interest Expense-5,230
Other Finance Cost-0
Net Interest Income-3,683
 
Pretax Income (+$)
Operating Income13,751
Net Interest Income-3,683
Other Non-Operating Income Expenses0
Income Before Tax (EBT)10,06813,751
EBIT - interestExpense = -5,230
7,787
13,017
Interest Expense5,230
Earnings Before Interest and Taxes (EBIT)015,298
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax10,068
Tax Provision-2,281
Net Income From Continuing Ops7,7877,787
Net Income7,787
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 Net03,683
 

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 28.6% 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 (-28.6%) Bearish trend (28.6%)
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. Scandinavian Medical Solutions AS 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.

Supportย is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistanceย 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 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: 5.22 < 5.24 < 5.24.

The bearish price targets are: 4.46 > 4.26 > 4.

Know someone who trades $SMSMED? Share this with them.๐Ÿ‘‡

Scandinavian Medical Solutions AS Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theย moving averageย of the selected period.

  • Moving averages are laggingย 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 5/14.
The longshort score for the Moving Averages is -4/(-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 up: The MA 50 is trending up. +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 above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Scandinavian Medical Solutions AS Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theย momentumย of theย selected period based on two moving averages.

  • MACD is aย lagging momentumย 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 0.01987373.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 above the zero line (centerline), it indicates a bullish signal for Scandinavian Medical Solutions AS. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Scandinavian Medical Solutions AS price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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 12.70.

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.
  • Showsย the current trend.
  • Showsย potential entry signals.
  • Showsย ย potential exit signals.
  • Can be used to placeย trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Scandinavian Medical Solutions AS. The current sar is 3.702944.

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
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumย indicator, meaning the signals are instant.
  • Rangesย 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 59.40. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Scandinavian Medical Solutions AS Daily Relative Strength Index (RSI) ChartScandinavian Medical Solutions AS Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Comparesย a certain price to multiple prices ranging over time.

  • Leadingย momentumย indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Rangesย 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 5/6.
The longshort score for the Stochastic Oscillator is 4/(-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 down: The STOCH %K is trending down. -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,ย 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 147.39.

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 31.22.

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

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

  • Lagging momentum indicator
  • Ranging between 0 andย -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 0.

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
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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 oversoldย 

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 0.28616523.

Scandinavian Medical Solutions AS Daily Average True Range (ATR) ChartScandinavian Medical Solutions AS Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

ย 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 -4,070,644.

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 54.99.

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
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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
2025-02-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-13DMI 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
2025-02-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-25STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-10STOCH 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
2025-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-17STOCH 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
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line 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
2025-03-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-31STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-04-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-10MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-22STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-04-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-12STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-16DMI 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.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-26STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-17STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-24DMI 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.
2025-06-25STOCH 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
2025-06-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-07-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-07-04MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-07CCI 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.

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 than5059.396
Ma 20Greater thanMa 504.642
Ma 50Greater thanMa 1004.656
Ma 100Greater thanMa 2004.836
OpenGreater thanClose4.510
Total1/5 (20.0%)
Penke
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