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Surefire Resources NL
Buy, Hold or Sell?

Let's analyse Surefire Resources NL together

PenkeI guess you are interested in Surefire Resources NL. 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 Surefire Resources NL. 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 Surefire Resources NL (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
30.0%

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$-0.01
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$-0.01
Return On Investment
-63.6%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.009 - A$0.01
How sure are you?
50%

1. Valuation of Surefire Resources NL (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.03 - A$-0.01

Total Value Per Share

A$-0.03 - A$-0.01

2. Growth of Surefire Resources NL (5 min.)




Is Surefire Resources NL growing?

Current yearPrevious yearGrowGrow %
How rich?$997.6k$3m-$2m-206.6%

How much money is Surefire Resources NL making?

Current yearPrevious yearGrowGrow %
Making money-$2.3m-$1.6m-$730k-31.3%
Net Profit Margin-2,431.4%-354,566.4%--

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

3. Financial Health of Surefire Resources NL (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#749 / 897

Most Revenue
#291 / 897

Most Profit
#643 / 897

Most Efficient
#761 / 897

What can you expect buying and holding a share of Surefire Resources NL? (5 min.)

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

What can you expect buying and holding a share of Surefire Resources NL?

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

Speculation

The Price per Share of Surefire Resources NL is A$0.01. 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 Surefire Resources NL.
  • 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 Surefire Resources NL, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

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

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-11.8%0.00-11.8%0.00-8.1%0.00-8.5%0.00-5.8%
Usd Book Value Change Per Share0.00-10.4%0.00-10.4%0.005.8%0.000.0%0.000.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.004.4%0.002.2%
Usd Total Gains Per Share0.00-10.4%0.00-10.4%0.005.8%0.004.4%0.002.8%
Usd Price Per Share0.01-0.01-0.01-0.01-0.00-
Price to Earnings Ratio-8.32--8.32--17.76--8.84--7.63-
Price-to-Total Gains Ratio-9.43--9.43-24.56-4.67-2.16-
Price to Book Ratio19.48-19.48-9.32-2.63-1.58-
Price-to-Total Gains Ratio-9.43--9.43-24.56-4.67-2.16-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.006523
Number of shares153303
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (153303 shares)-159.0567.40
Gains per Year (153303 shares)-636.20269.60
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-636-646272-3260
20-1272-1282545-6530
30-1909-1918817-9800
40-2545-25541090-121070
50-3181-31901362-141340
60-3817-38261635-171610
70-4453-44621907-201880
80-5090-50982180-232150
90-5726-57342452-262420
100-6362-63702725-292690

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%3.021.01.012.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%9.016.00.036.0%
Dividend per Share0.00.01.00.0%1.00.02.033.3%3.00.02.060.0%3.00.07.030.0%3.00.022.012.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%5.05.00.050.0%10.015.00.040.0%

Fundamentals of Surefire Resources NL

About Surefire Resources NL

Surefire Resources NL explores for and reviews mineral tenement holdings in Western Australia. It explores for gold, copper, lead, silver, vanadium, and iron ore deposits, as well as nickel and platinum-group elements. The company was formerly known as Black Ridge Mining NL and changed its name to Surefire Resources NL in December 2016. Surefire Resources NL was incorporated in 1998 and is based in South Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-13 03:55:05.

Financial Health

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

Valuation

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

1.1. Profitability of Surefire Resources NL.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Surefire Resources NL earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Surefire Resources NL to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -2,431.4% means that $-24.31 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Surefire Resources NL:

  • The MRQ is -2,431.4%. The company is making a huge loss. -2
  • The TTM is -2,431.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,431.4%TTM-2,431.4%0.0%
TTM-2,431.4%YOY-354,566.4%+352,135.0%
TTM-2,431.4%5Y-397,264.3%+394,832.9%
5Y-397,264.3%10Y-637,789.5%+240,525.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,431.4%-35.3%-2,396.1%
TTM-2,431.4%-40.5%-2,390.9%
YOY-354,566.4%-50.7%-354,515.7%
5Y-397,264.3%-330.2%-396,934.1%
10Y-637,789.5%-750.2%-637,039.3%
1.1.2. Return on Assets

Shows how efficient Surefire Resources NL is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Surefire Resources NL to the Other Industrial Metals & Mining industry mean.
  • -64.6% Return on Assets means that Surefire Resources NL generated $-0.65 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Surefire Resources NL:

  • The MRQ is -64.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -64.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-64.6%TTM-64.6%0.0%
TTM-64.6%YOY-46.8%-17.9%
TTM-64.6%5Y-429.4%+364.8%
5Y-429.4%10Y-275.9%-153.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-64.6%-6.0%-58.6%
TTM-64.6%-6.8%-57.8%
YOY-46.8%-5.9%-40.9%
5Y-429.4%-9.2%-420.2%
10Y-275.9%-12.0%-263.9%
1.1.3. Return on Equity

Shows how efficient Surefire Resources NL is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Surefire Resources NL to the Other Industrial Metals & Mining industry mean.
  • -234.1% Return on Equity means Surefire Resources NL generated $-2.34 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Surefire Resources NL:

  • The MRQ is -234.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -234.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-234.1%TTM-234.1%0.0%
TTM-234.1%YOY-52.5%-181.6%
TTM-234.1%5Y-79.6%-154.5%
5Y-79.6%10Y-47.5%-32.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-234.1%-6.9%-227.2%
TTM-234.1%-7.5%-226.6%
YOY-52.5%-6.1%-46.4%
5Y-79.6%-9.8%-69.8%
10Y-47.5%-12.8%-34.7%

1.2. Operating Efficiency of Surefire Resources NL.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Surefire Resources NL is operating .

  • Measures how much profit Surefire Resources NL makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Surefire Resources NL to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -2,531.4% means the company generated $-25.31  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Surefire Resources NL:

  • The MRQ is -2,531.4%. The company is operating very inefficient. -2
  • The TTM is -2,531.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,531.4%TTM-2,531.4%0.0%
TTM-2,531.4%YOY-354,665.6%+352,134.1%
TTM-2,531.4%5Y-426,437.8%+423,906.3%
5Y-426,437.8%10Y-641,820.7%+215,383.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,531.4%-285.5%-2,245.9%
TTM-2,531.4%-46.7%-2,484.7%
YOY-354,665.6%-76.4%-354,589.2%
5Y-426,437.8%-361.7%-426,076.1%
10Y-641,820.7%-693.1%-641,127.6%
1.2.2. Operating Ratio

Measures how efficient Surefire Resources NL is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 25.31 means that the operating costs are $25.31 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Surefire Resources NL:

  • The MRQ is 25.314. The company is inefficient in keeping operating costs low. -1
  • The TTM is 25.314. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ25.314TTM25.3140.000
TTM25.314YOY3,546.664-3,521.350
TTM25.3145Y3,436.929-3,411.615
5Y3,436.92910Y6,857.192-3,420.263
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ25.3141.951+23.363
TTM25.3141.923+23.391
YOY3,546.6642.082+3,544.582
5Y3,436.9294.850+3,432.079
10Y6,857.1928.674+6,848.518

1.3. Liquidity of Surefire Resources NL.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Surefire Resources NL is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 0.40 means the company has $0.40 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Surefire Resources NL:

  • The MRQ is 0.402. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.402. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.402TTM0.4020.000
TTM0.402YOY9.001-8.599
TTM0.4025Y3.042-2.640
5Y3.04210Y1.801+1.242
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4022.375-1.973
TTM0.4022.609-2.207
YOY9.0013.429+5.572
5Y3.0424.136-1.094
10Y1.8014.566-2.765
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Surefire Resources NL to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.40 means the company can pay off $0.40 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Surefire Resources NL:

  • The MRQ is 0.395. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.395. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.395TTM0.3950.000
TTM0.395YOY8.963-8.567
TTM0.3955Y3.028-2.633
5Y3.02810Y1.793+1.235
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3950.893-0.498
TTM0.3950.856-0.461
YOY8.9631.119+7.844
5Y3.0281.324+1.704
10Y1.7931.428+0.365

1.4. Solvency of Surefire Resources NL.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Surefire Resources NL assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Surefire Resources NL to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.72 means that Surefire Resources NL assets are financed with 72.4% credit (debt) and the remaining percentage (100% - 72.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Surefire Resources NL:

  • The MRQ is 0.724. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.724. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.724TTM0.7240.000
TTM0.724YOY0.109+0.615
TTM0.7245Y1.686-0.962
5Y1.68610Y1.671+0.016
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7240.192+0.532
TTM0.7240.190+0.534
YOY0.1090.151-0.042
5Y1.6860.212+1.474
10Y1.6710.238+1.433
1.4.2. Debt to Equity Ratio

Measures if Surefire Resources NL is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Surefire Resources NL to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 262.1% means that company has $2.62 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Surefire Resources NL:

  • The MRQ is 2.621. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.621. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.621TTM2.6210.000
TTM2.621YOY0.123+2.498
TTM2.6215Y0.597+2.024
5Y0.59710Y0.343+0.254
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6210.192+2.429
TTM2.6210.207+2.414
YOY0.1230.155-0.032
5Y0.5970.227+0.370
10Y0.3430.249+0.094

2. Market Valuation of Surefire Resources NL

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Surefire Resources NL to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -8.32 means the investor is paying $-8.32 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Surefire Resources NL:

  • The EOD is -5.548. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.323. Based on the earnings, the company is expensive. -2
  • The TTM is -8.323. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.548MRQ-8.323+2.774
MRQ-8.323TTM-8.3230.000
TTM-8.323YOY-17.759+9.436
TTM-8.3235Y-8.845+0.522
5Y-8.84510Y-7.627-1.218
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-5.548-3.740-1.808
MRQ-8.323-5.000-3.323
TTM-8.323-5.557-2.766
YOY-17.759-8.469-9.290
5Y-8.845-10.469+1.624
10Y-7.627-11.327+3.700
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -5.603. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.404. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.404. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.603MRQ-8.404+2.801
MRQ-8.404TTM-8.4040.000
TTM-8.404YOY-18.641+10.236
TTM-8.4045Y-10.518+2.114
5Y-10.51810Y-12.959+2.440
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-5.603-3.924-1.679
MRQ-8.404-5.463-2.941
TTM-8.404-6.302-2.102
YOY-18.641-8.457-10.184
5Y-10.518-12.796+2.278
10Y-12.959-13.886+0.927
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 19.48 means the investor is paying $19.48 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Surefire Resources NL:

  • The EOD is 12.987. Based on the equity, the company is expensive. -2
  • The MRQ is 19.480. Based on the equity, the company is expensive. -2
  • The TTM is 19.480. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD12.987MRQ19.480-6.493
MRQ19.480TTM19.4800.000
TTM19.480YOY9.320+10.160
TTM19.4805Y2.630+16.850
5Y2.63010Y1.579+1.051
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD12.9871.161+11.826
MRQ19.4801.511+17.969
TTM19.4801.591+17.889
YOY9.3202.243+7.077
5Y2.6302.501+0.129
10Y1.5792.940-1.361
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Surefire Resources NL 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---0.002-0.0020%0.001-278%0.000-100%0.000-2064%
Book Value Per Share--0.0010.0010%0.002-67%0.001-5%0.000+135%
Current Ratio--0.4020.4020%9.001-96%3.042-87%1.801-78%
Debt To Asset Ratio--0.7240.7240%0.109+563%1.686-57%1.671-57%
Debt To Equity Ratio--2.6212.6210%0.123+2038%0.597+339%0.343+664%
Dividend Per Share----0%-0%0.001-100%0.000-100%
Eps---0.002-0.0020%-0.001-31%-0.001-28%-0.001-51%
Free Cash Flow Per Share---0.002-0.0020%-0.001-34%-0.001-42%-0.001-66%
Free Cash Flow To Equity Per Share---0.002-0.0020%0.001-279%0.000-1733%0.000-1222%
Gross Profit Margin--1.6691.6690%1.573+6%1.406+19%1.203+39%
Intrinsic Value_10Y_max---0.012--------
Intrinsic Value_10Y_min---0.026--------
Intrinsic Value_1Y_max---0.001--------
Intrinsic Value_1Y_min---0.002--------
Intrinsic Value_3Y_max---0.003--------
Intrinsic Value_3Y_min---0.006--------
Intrinsic Value_5Y_max---0.005--------
Intrinsic Value_5Y_min---0.011--------
Market Cap19863100.160-50%29794650.24029794650.2400%43698820.352-32%23041196.186+29%14579515.517+104%
Net Profit Margin---24.314-24.3140%-3545.664+14483%-3972.643+16239%-6377.895+26131%
Operating Margin---25.314-25.3140%-3546.656+13910%-4264.378+16746%-6418.207+25254%
Operating Ratio--25.31425.3140%3546.664-99%3436.929-99%6857.192-100%
Pb Ratio12.987-50%19.48019.4800%9.320+109%2.630+641%1.579+1134%
Pe Ratio-5.548+33%-8.323-8.3230%-17.759+113%-8.845+6%-7.627-8%
Price Per Share0.010-50%0.0150.0150%0.022-32%0.012+29%0.007+104%
Price To Free Cash Flow Ratio-5.603+33%-8.404-8.4040%-18.641+122%-10.518+25%-12.959+54%
Price To Total Gains Ratio-6.287+33%-9.431-9.4310%24.560-138%4.673-302%2.156-538%
Quick Ratio--0.3950.3950%8.963-96%3.028-87%1.793-78%
Return On Assets---0.646-0.6460%-0.468-28%-4.294+564%-2.759+327%
Return On Equity---2.341-2.3410%-0.525-78%-0.796-66%-0.475-80%
Total Gains Per Share---0.002-0.0020%0.001-278%0.001-336%0.000-477%
Usd Book Value--997692.198997692.1980%3058452.708-67%1047358.059-5%425250.417+135%
Usd Book Value Change Per Share---0.001-0.0010%0.001-278%0.000-100%0.000-2064%
Usd Book Value Per Share--0.0010.0010%0.002-67%0.001-5%0.000+135%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps---0.001-0.0010%-0.001-31%-0.001-28%-0.001-51%
Usd Free Cash Flow---2312497.431-2312497.4310%-1529177.758-34%-1345548.915-42%-781122.662-66%
Usd Free Cash Flow Per Share---0.001-0.0010%-0.001-34%-0.001-42%0.000-66%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.001-279%0.000-1733%0.000-1222%
Usd Market Cap12956700.234-50%19435050.35219435050.3520%28504740.516-32%15029772.272+29%9510217.972+104%
Usd Price Per Share0.007-50%0.0100.0100%0.014-32%0.008+29%0.005+104%
Usd Profit---2335199.428-2335199.4280%-1605108.739-31%-1678516.624-28%-1155903.518-51%
Usd Revenue--96042.04396042.0430%452.696+21116%19368.613+396%12556.579+665%
Usd Total Gains Per Share---0.001-0.0010%0.001-278%0.000-336%0.000-477%
 EOD+3 -5MRQTTM+0 -0YOY+6 -285Y+10 -2610Y+14 -22

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-5.548
Price to Book Ratio (EOD)Between0-112.987
Net Profit Margin (MRQ)Greater than0-24.314
Operating Margin (MRQ)Greater than0-25.314
Quick Ratio (MRQ)Greater than10.395
Current Ratio (MRQ)Greater than10.402
Debt to Asset Ratio (MRQ)Less than10.724
Debt to Equity Ratio (MRQ)Less than12.621
Return on Equity (MRQ)Greater than0.15-2.341
Return on Assets (MRQ)Greater than0.05-0.646
Total1/10 (10.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.457
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.011
Ma 100Greater thanMa 2000.010
OpenGreater thanClose0.011
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets5,538
Total Liabilities4,009
Total Stockholder Equity1,529
 As reported
Total Liabilities 4,009
Total Stockholder Equity+ 1,529
Total Assets = 5,538

Assets

Total Assets5,538
Total Current Assets1,567
Long-term Assets3,972
Total Current Assets
Cash And Cash Equivalents 1,488
Net Receivables 50
Other Current Assets 29
Total Current Assets  (as reported)1,567
Total Current Assets  (calculated)1,567
+/-0
Long-term Assets
Property Plant Equipment 218
Long-term Assets Other 3,754
Long-term Assets  (as reported)3,972
Long-term Assets  (calculated)3,972
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,893
Long-term Liabilities116
Total Stockholder Equity1,529
Total Current Liabilities
Short-term Debt 69
Accounts payable 365
Other Current Liabilities 3,459
Total Current Liabilities  (as reported)3,893
Total Current Liabilities  (calculated)3,893
+/-0
Long-term Liabilities
Long term Debt Total 116
Long-term Liabilities  (as reported)116
Long-term Liabilities  (calculated)116
+/- 0
Total Stockholder Equity
Common Stock39,611
Retained Earnings -38,081
Total Stockholder Equity (as reported)1,529
Total Stockholder Equity (calculated)1,529
+/-0
Other
Capital Stock39,611
Cash And Equivalents1,488
Cash and Short Term Investments 1,488
Common Stock Shares Outstanding 1,586,046
Current Deferred Revenue155
Liabilities and Stockholders Equity 5,538
Net Debt -1,304
Net Invested Capital 1,529
Net Tangible Assets 1,529
Net Working Capital -2,326
Property Plant and Equipment Gross 4,047
Short Long Term Debt Total 184



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-30
> Total Assets 
3,907
9,946
6,813
7,156
1,809
1,330
1,211
2,299
1,778
1,378
426
772
2,214
958
1,932
1,901
942
1,092
436
2,318
161
270
3,611
5,263
5,538
5,5385,2633,6112701612,3184361,0929421,9011,9329582,2147724261,3781,7782,2991,2111,3301,8097,1566,8139,9463,907
   > Total Current Assets 
3,250
5,049
2,869
1,962
1,659
1,330
1,211
2,261
1,632
1,245
268
605
2,054
799
54
30
15
160
21
1,903
161
270
3,457
5,173
1,567
1,5675,1733,4572701611,903211601530547992,0546052681,2451,6322,2611,2111,3301,6591,9622,8695,0493,250
       Cash And Cash Equivalents 
3,230
675
330
255
1,584
1,286
1,185
2,238
1,195
1,124
159
575
2,011
581
32
9
15
148
21
1,861
136
194
3,355
5,070
1,488
1,4885,0703,3551941361,86121148159325812,0115751591,1241,1952,2381,1851,2861,5842553306753,230
       Short-term Investments 
0
4,098
125
43
9
14
0
0
0
56
42
0
0
0
6
0
0
0
0
0
0
0
0
0
0
000000000060004256000149431254,0980
       Net Receivables 
20
250
2,184
584
5
0
13
24
333
0
0
0
33
203
7
12
0
12
0
42
26
70
91
80
50
5080917026420120127203330003332413055842,18425020
       Other Current Assets 
0
26
39
178
60
29
13
41
104
65
67
30
11
15
9
9
0
0
0
42
0
6
11
22
29
29221160420009915113067651044113296017839260
   > Long-term Assets 
657
4,897
3,944
5,194
150
0
0
37
146
133
158
167
160
158
1,878
1,871
927
932
415
415
0
41
154
90
3,972
3,972901544104154159329271,8711,87815816016715813314637001505,1943,9444,897657
       Property Plant Equipment 
7
650
638
1,027
0
0
0
37
146
118
158
167
160
158
1,878
1,871
927
932
415
415
0
41
154
90
218
218901544104154159329271,8711,878158160167158118146370001,0276386507
       Intangible Assets 
650
526
721
4,016
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000004,016721526650
       Other Assets 
0
0
0
0
0
0
0
0
0
15
0
0
0
0
0
0
0
0
0
0
0
-41
0
0
0
000-410000000000015000000000
> Total Liabilities 
62
48
705
3,351
302
160
143
116
223
263
96
55
142
107
2,011
2,265
2,506
1,526
1,182
717
695
836
702
575
4,009
4,0095757028366957171,1821,5262,5062,2652,01110714255962632231161431603023,3517054862
   > Total Current Liabilities 
62
48
451
3,091
160
84
143
116
125
197
96
55
142
107
2,011
2,265
2,506
1,526
1,182
717
695
836
658
575
3,893
3,8935756588366957171,1821,5262,5062,2652,0111071425596197125116143841603,0914514862
       Short-term Debt 
0
0
200
1,432
0
0
0
0
26
32
0
0
0
0
0
1,802
1,842
1,008
806
0
135
60
70
43
69
6943706013508061,0081,8421,80200000322600001,43220000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,802
1,842
1,008
806
0
135
60
0
0
0
0006013508061,0081,8421,802000000000000000
       Accounts payable 
0
26
208
1,389
0
0
21
45
44
95
67
17
105
91
241
313
322
507
352
530
314
584
405
496
365
36549640558431453035250732231324191105176795444521001,389208260
       Other Current Liabilities 
4
22
43
270
134
84
122
72
55
70
29
38
37
16
1,770
151
342
11
25
187
246
192
183
35
3,459
3,4593518319224618725113421511,770163738297055721228413427043224
   > Long-term Liabilities 
0
0
254
260
142
76
0
0
98
66
0
0
0
0
0
0
0
0
0
0
449
644
43
540
116
1165404364444900000000006698007614226025400
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43
0
116
1160430000000000000000000000
       Other Liabilities 
0
0
0
260
142
76
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000076142260000
> Total Stockholder Equity
3,845
9,773
6,217
2,401
1,528
1,191
1,090
2,182
1,555
1,115
330
717
2,072
851
-79
-365
-1,564
-434
-747
1,601
-534
-566
2,909
4,689
1,529
1,5294,6892,909-566-5341,601-747-434-1,564-365-798512,0727173301,1151,5552,1821,0901,1911,5282,4016,2179,7733,845
   Common Stock
4,322
11,772
11,772
12,813
12,988
12,988
13,273
15,532
15,532
16,338
16,568
17,901
20,436
20,339
20,340
20,340
20,443
22,026
23,250
26,507
27,263
28,336
34,671
38,560
39,611
39,61138,56034,67128,33627,26326,50723,25022,02620,44320,34020,34020,33920,43617,90116,56816,33815,53215,53213,27312,98812,98812,81311,77211,7724,322
   Retained Earnings -38,081-34,607-32,147-28,908-28,172-25,281-24,050-22,460-22,007-20,705-20,643-19,712-18,587-17,421-16,462-15,459-14,194-13,350-12,183-11,797-11,460-11,384-5,555-1,999-477
   Accumulated Other Comprehensive Income 
-1
-18
-407
-578
-107
0
0
0
217
236
223
237
223
223
223
-47
0
-82
53
375
375
6
386
736
0
0736386637537553-820-47223223223237223236217000-107-578-407-18-1
   Capital Surplus 0000000000000000000000000
   Treasury Stock0000000000000000000000000
   Other Stockholders Equity 
1
18
407
1,550
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53
375
375
6
-2,524
-3,953
-1,529
-1,529-3,953-2,524637537553000000000000001,550407181



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue147
Cost of Revenue-37
Gross Profit111111
 
Operating Income (+$)
Gross Profit111
Operating Expense-3,691
Operating Income-3,727-3,580
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,297
Selling And Marketing Expenses2,394
Operating Expense3,6913,691
 
Net Interest Income (+$)
Interest Income25
Interest Expense-0
Other Finance Cost-0
Net Interest Income25
 
Pretax Income (+$)
Operating Income-3,727
Net Interest Income25
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-3,580-3,874
EBIT - interestExpense = -3,727
-3,580
-3,580
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-3,727-3,580
Earnings Before Interest and Taxes (EBITDA)-3,691
 
After tax Income (+$)
Income Before Tax-3,580
Tax Provision-0
Net Income From Continuing Ops-3,580-3,580
Net Income-3,580
Net Income Applicable To Common Shares-3,580
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,727
Total Other Income/Expenses Net147-25
 

Technical Analysis of Surefire Resources NL
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 Surefire Resources NL. The general trend of Surefire Resources NL is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Surefire Resources NL's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Surefire Resources NL.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.01 < 0.01 < 0.01.

The bearish price targets are: 0.009 > 0.009 > 0.009.

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Surefire Resources NL 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 Surefire Resources NL. The current mas is .

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

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

Surefire Resources NL 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 Surefire Resources NL. The current macd is -0.0002287.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Surefire Resources NL price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Surefire Resources NL. 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 Surefire Resources NL 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Surefire Resources NL Daily Moving Average Convergence/Divergence (MACD) ChartSurefire Resources NL 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 Surefire Resources NL. The current adx is 18.47.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Surefire Resources NL shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Surefire Resources NL 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 Surefire Resources NL. The current sar is 0.01227379.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Surefire Resources NL 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 Surefire Resources NL. The current rsi is 45.46. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Surefire Resources NL Daily Relative Strength Index (RSI) ChartSurefire Resources NL 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 Surefire Resources NL. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Surefire Resources NL price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Surefire Resources NL Daily Stochastic Oscillator ChartSurefire Resources NL 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 Surefire Resources NL. The current cci is -56.04349645.

Surefire Resources NL Daily Commodity Channel Index (CCI) ChartSurefire Resources NL 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 Surefire Resources NL. The current cmo is -12.22218443.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Surefire Resources NL Daily Chande Momentum Oscillator (CMO) ChartSurefire Resources NL 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 Surefire Resources NL. The current willr is -75.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Surefire Resources NL is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Surefire Resources NL Daily Williams %R ChartSurefire Resources NL 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 Surefire Resources NL.

Surefire Resources NL 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 Surefire Resources NL. The current atr is 0.00098838.

Surefire Resources NL Daily Average True Range (ATR) ChartSurefire Resources NL 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 Surefire Resources NL. The current obv is 178,642,943.

Surefire Resources NL Daily On-Balance Volume (OBV) ChartSurefire Resources NL 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 Surefire Resources NL. The current mfi is 3.15805858.

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

  • MFI < 50: -1
  • MFI < 20: -1
Surefire Resources NL Daily Money Flow Index (MFI) ChartSurefire Resources NL Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Surefire Resources NL.

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
2023-11-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI 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.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-03MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-04MACD 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CCI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08MACD 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.
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).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Surefire Resources NL Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.457
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.011
Ma 100Greater thanMa 2000.010
OpenGreater thanClose0.011
Total2/5 (40.0%)
Penke

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