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Summit Securities Limited
Buy, Hold or Sell?

Let's analyse Summit Securities Limited together

PenkeI guess you are interested in Summit Securities Limited. 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 Summit Securities Limited. 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 Summit Securities Limited (30 sec.)










What can you expect buying and holding a share of Summit Securities Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR4,683.47
Expected worth in 1 year
INR6,973.32
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR2,289.85
Return On Investment
187.4%

For what price can you sell your share?

Current Price per Share
INR1,222.00
Expected price per share
INR960.10 - INR1,434
How sure are you?
50%

1. Valuation of Summit Securities Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,222.00

Intrinsic Value Per Share

INR-282.62 - INR353.60

Total Value Per Share

INR4,400.85 - INR5,037.07

2. Growth of Summit Securities Limited (5 min.)




Is Summit Securities Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$612.6m$537.8m$74.8m12.2%

How much money is Summit Securities Limited making?

Current yearPrevious yearGrowGrow %
Making money$4.4m$6m-$1.6m-37.2%
Net Profit Margin75.3%79.0%--

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

3. Financial Health of Summit Securities Limited (5 min.)




4. Comparing to competitors in the Capital Markets industry (5 min.)




  Industry Rankings (Capital Markets)  


Richest
#106 / 373

Most Revenue
#257 / 373

Most Profit
#159 / 373

What can you expect buying and holding a share of Summit Securities Limited? (5 min.)

Welcome investor! Summit Securities Limited's management wants to use your money to grow the business. In return you get a share of Summit Securities Limited.

What can you expect buying and holding a share of Summit Securities Limited?

First you should know what it really means to hold a share of Summit Securities Limited. And how you can make/lose money.

Speculation

The Price per Share of Summit Securities Limited is INR1,222. 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 Summit Securities Limited.
  • 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 Summit Securities Limited, 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 INR4,683.47. Based on the TTM, the Book Value Change Per Share is INR572.46 per quarter. Based on the YOY, the Book Value Change Per Share is INR-417.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Summit Securities Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.410.0%0.410.0%0.560.0%0.470.0%0.470.0%
Usd Book Value Change Per Share6.870.6%6.870.6%-5.00-0.4%9.810.8%5.150.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share6.870.6%6.870.6%-5.00-0.4%9.810.8%5.150.4%
Usd Price Per Share6.50-6.50-7.14-6.10-5.46-
Price to Earnings Ratio15.93-15.93-12.77-16.74-20.55-
Price-to-Total Gains Ratio0.95-0.95--1.43-1.16-12.45-
Price to Book Ratio0.12-0.12-0.14-0.27-0.53-
Price-to-Total Gains Ratio0.95-0.95--1.43-1.16-12.45-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.664
Number of shares68
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share6.879.81
Usd Total Gains Per Share6.879.81
Gains per Quarter (68 shares)467.13667.02
Gains per Year (68 shares)1,868.522,668.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1018691859026682658
2037373728053365326
3056065597080047994
407474746601067210662
509343933501334013330
60112111120401600815998
70130801307301867718666
80149481494202134521334
90168171681102401324002
100186851868002668126670

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%10.00.00.0100.0%16.01.00.094.1%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%14.03.00.082.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%2.00.015.011.8%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%14.03.00.082.4%

Fundamentals of Summit Securities Limited

About Summit Securities Limited

Summit Securities Limited, a non-banking financial company, engages in investment and financial activities. The investments of the firm are typically long term in nature and predominantly in the equity markets. The firm typically invests in companies in real estate sector. Summit Securities Limited was formerly known as RPG Itochu Finance Limited. The company was incorporated on January 30, 1997 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 18:37:04.

Financial Health

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

Valuation

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

1.1. Profitability of Summit Securities Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Summit Securities Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Summit Securities Limited to the Capital Markets industry mean.
  • A Net Profit Margin of 75.3% means that ₹0.75 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Summit Securities Limited:

  • The MRQ is 75.3%. The company is making a huge profit. +2
  • The TTM is 75.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ75.3%TTM75.3%0.0%
TTM75.3%YOY79.0%-3.7%
TTM75.3%5Y122.7%-47.4%
5Y122.7%10Y110.2%+12.5%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ75.3%9.8%+65.5%
TTM75.3%10.0%+65.3%
YOY79.0%14.6%+64.4%
5Y122.7%13.0%+109.7%
10Y110.2%12.5%+97.7%
1.1.2. Return on Assets

Shows how efficient Summit Securities Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Summit Securities Limited to the Capital Markets industry mean.
  • 0.7% Return on Assets means that Summit Securities Limited generated ₹0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Summit Securities Limited:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.7%0.0%
TTM0.7%YOY1.0%-0.4%
TTM0.7%5Y3.9%-3.2%
5Y3.9%10Y5.6%-1.7%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.3%+0.4%
TTM0.7%0.3%+0.4%
YOY1.0%0.4%+0.6%
5Y3.9%0.4%+3.5%
10Y5.6%0.4%+5.2%
1.1.3. Return on Equity

Shows how efficient Summit Securities Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Summit Securities Limited to the Capital Markets industry mean.
  • 0.7% Return on Equity means Summit Securities Limited generated ₹0.01 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Summit Securities Limited:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.7%0.0%
TTM0.7%YOY1.1%-0.4%
TTM0.7%5Y4.0%-3.2%
5Y4.0%10Y5.7%-1.8%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%1.4%-0.7%
TTM0.7%1.5%-0.8%
YOY1.1%2.1%-1.0%
5Y4.0%1.9%+2.1%
10Y5.7%2.0%+3.7%

1.2. Operating Efficiency of Summit Securities Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Summit Securities Limited is operating .

  • Measures how much profit Summit Securities Limited 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 Summit Securities Limited to the Capital Markets industry mean.
  • An Operating Margin of 95.3% means the company generated ₹0.95  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Summit Securities Limited:

  • The MRQ is 95.3%. The company is operating very efficient. +2
  • The TTM is 95.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ95.3%TTM95.3%0.0%
TTM95.3%YOY110.5%-15.2%
TTM95.3%5Y155.5%-60.2%
5Y155.5%10Y121.5%+33.9%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ95.3%15.5%+79.8%
TTM95.3%12.2%+83.1%
YOY110.5%16.4%+94.1%
5Y155.5%8.3%+147.2%
10Y121.5%8.9%+112.6%
1.2.2. Operating Ratio

Measures how efficient Summit Securities Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Capital Markets industry mean).
  • An Operation Ratio of 0.05 means that the operating costs are ₹0.05 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Summit Securities Limited:

  • The MRQ is 0.047. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.047. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.047TTM0.0470.000
TTM0.047YOY-0.092+0.139
TTM0.0475Y-0.537+0.584
5Y-0.53710Y-0.199-0.338
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0471.068-1.021
TTM0.0471.000-0.953
YOY-0.0920.962-1.054
5Y-0.5370.922-1.459
10Y-0.1990.879-1.078

1.3. Liquidity of Summit Securities Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Summit Securities Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Capital Markets industry mean).
  • A Current Ratio of 60.18 means the company has ₹60.18 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Summit Securities Limited:

  • The MRQ is 60.178. The company is very able to pay all its short-term debts. +2
  • The TTM is 60.178. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ60.178TTM60.1780.000
TTM60.178YOY1,644.649-1,584.471
TTM60.1785Y774.609-714.430
5Y774.60910Y388.194+386.415
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ60.1782.116+58.062
TTM60.1781.674+58.504
YOY1,644.6491.871+1,642.778
5Y774.6092.053+772.556
10Y388.1942.044+386.150
1.3.2. Quick Ratio

Measures if Summit Securities Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Summit Securities Limited to the Capital Markets industry mean.
  • A Quick Ratio of 99.33 means the company can pay off ₹99.33 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Summit Securities Limited:

  • The MRQ is 99.335. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 99.335. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ99.335TTM99.3350.000
TTM99.335YOY3,277.614-3,178.279
TTM99.3355Y1,665.435-1,566.100
5Y1,665.43510Y833.413+832.022
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ99.3351.502+97.833
TTM99.3351.260+98.075
YOY3,277.6141.311+3,276.303
5Y1,665.4351.672+1,663.763
10Y833.4131.595+831.818

1.4. Solvency of Summit Securities Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Summit Securities Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Summit Securities Limited to Capital Markets industry mean.
  • A Debt to Asset Ratio of 0.09 means that Summit Securities Limited assets are financed with 9.5% credit (debt) and the remaining percentage (100% - 9.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Summit Securities Limited:

  • The MRQ is 0.095. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.095. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.095TTM0.0950.000
TTM0.095YOY0.092+0.003
TTM0.0955Y0.070+0.025
5Y0.07010Y0.047+0.022
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0950.631-0.536
TTM0.0950.616-0.521
YOY0.0920.621-0.529
5Y0.0700.608-0.538
10Y0.0470.590-0.543
1.4.2. Debt to Equity Ratio

Measures if Summit Securities Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Summit Securities Limited to the Capital Markets industry mean.
  • A Debt to Equity ratio of 10.5% means that company has ₹0.10 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Summit Securities Limited:

  • The MRQ is 0.105. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.105. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.105TTM0.1050.000
TTM0.105YOY0.101+0.003
TTM0.1055Y0.076+0.028
5Y0.07610Y0.051+0.025
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1051.638-1.533
TTM0.1051.549-1.444
YOY0.1011.573-1.472
5Y0.0761.517-1.441
10Y0.0511.664-1.613

2. Market Valuation of Summit Securities Limited

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 Summit Securities Limited generates.

  • Above 15 is considered overpriced but always compare Summit Securities Limited to the Capital Markets industry mean.
  • A PE ratio of 15.93 means the investor is paying ₹15.93 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Summit Securities Limited:

  • The EOD is 35.946. Based on the earnings, the company is overpriced. -1
  • The MRQ is 15.930. Based on the earnings, the company is fair priced.
  • The TTM is 15.930. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD35.946MRQ15.930+20.016
MRQ15.930TTM15.9300.000
TTM15.930YOY12.769+3.161
TTM15.9305Y16.739-0.809
5Y16.73910Y20.554-3.815
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD35.9467.718+28.228
MRQ15.9307.035+8.895
TTM15.9306.379+9.551
YOY12.7698.906+3.863
5Y16.73910.214+6.525
10Y20.55411.445+9.109
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Summit Securities Limited:

  • The EOD is 35.143. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 15.574. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 15.574. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD35.143MRQ15.574+19.569
MRQ15.574TTM15.5740.000
TTM15.574YOY13.958+1.616
TTM15.5745Y-111.448+127.022
5Y-111.44810Y-19.181-92.267
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD35.143-0.518+35.661
MRQ15.574-0.456+16.030
TTM15.574-0.185+15.759
YOY13.9580.014+13.944
5Y-111.448-0.489-110.959
10Y-19.181-0.228-18.953
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Summit Securities Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Capital Markets industry mean).
  • A PB ratio of 0.12 means the investor is paying ₹0.12 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Summit Securities Limited:

  • The EOD is 0.261. Based on the equity, the company is cheap. +2
  • The MRQ is 0.116. Based on the equity, the company is cheap. +2
  • The TTM is 0.116. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.261MRQ0.116+0.145
MRQ0.116TTM0.1160.000
TTM0.116YOY0.145-0.029
TTM0.1165Y0.271-0.156
5Y0.27110Y0.531-0.260
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD0.2611.035-0.774
MRQ0.1160.973-0.857
TTM0.1160.953-0.837
YOY0.1451.160-1.015
5Y0.2711.296-1.025
10Y0.5311.460-0.929
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Summit Securities Limited 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--572.462572.4620%-417.009+173%817.427-30%428.909+33%
Book Value Per Share--4683.4674683.4670%4111.005+14%3225.833+45%1853.078+153%
Current Ratio--60.17860.1780%1644.649-96%774.609-92%388.194-84%
Debt To Asset Ratio--0.0950.0950%0.092+3%0.070+36%0.047+100%
Debt To Equity Ratio--0.1050.1050%0.101+3%0.076+37%0.051+104%
Dividend Per Share----0%-0%-0%-0%
Eps--33.99633.9960%46.626-27%39.023-13%39.301-13%
Free Cash Flow Per Share--34.77234.7720%42.652-18%29.085+20%26.142+33%
Free Cash Flow To Equity Per Share--34.77234.7720%42.652-18%29.083+20%26.138+33%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--353.599--------
Intrinsic Value_10Y_min---282.621--------
Intrinsic Value_1Y_max--30.522--------
Intrinsic Value_1Y_min--11.967--------
Intrinsic Value_3Y_max--95.450--------
Intrinsic Value_3Y_min--1.275--------
Intrinsic Value_5Y_max--164.890--------
Intrinsic Value_5Y_min---47.344--------
Market Cap13321999600.000+56%5903869790.0005903869790.0000%6490386630.000-9%5542475120.000+7%4956813403.825+19%
Net Profit Margin--0.7530.7530%0.790-5%1.227-39%1.102-32%
Operating Margin--0.9530.9530%1.105-14%1.555-39%1.215-22%
Operating Ratio--0.0470.0470%-0.092+295%-0.537+1237%-0.199+521%
Pb Ratio0.261+56%0.1160.1160%0.145-20%0.271-57%0.531-78%
Pe Ratio35.946+56%15.93015.9300%12.769+25%16.739-5%20.554-22%
Price Per Share1222.000+56%541.550541.5500%595.350-9%508.400+7%454.675+19%
Price To Free Cash Flow Ratio35.143+56%15.57415.5740%13.958+12%-111.448+816%-19.181+223%
Price To Total Gains Ratio2.135+56%0.9460.9460%-1.428+251%1.161-18%12.453-92%
Quick Ratio--99.33599.3350%3277.614-97%1665.435-94%833.413-88%
Return On Assets--0.0070.0070%0.010-36%0.039-83%0.056-88%
Return On Equity--0.0070.0070%0.011-36%0.040-82%0.057-87%
Total Gains Per Share--572.462572.4620%-417.009+173%817.427-30%428.909+33%
Usd Book Value--612698676.000612698676.0000%537808284.000+14%422008574.400+45%242423158.800+153%
Usd Book Value Change Per Share--6.8706.8700%-5.004+173%9.809-30%5.147+33%
Usd Book Value Per Share--56.20256.2020%49.332+14%38.710+45%22.237+153%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.4080.4080%0.560-27%0.468-13%0.472-13%
Usd Free Cash Flow--4548900.0004548900.0000%5579796.000-18%3804957.600+20%3419991.600+33%
Usd Free Cash Flow Per Share--0.4170.4170%0.512-18%0.349+20%0.314+33%
Usd Free Cash Flow To Equity Per Share--0.4170.4170%0.512-18%0.349+20%0.314+33%
Usd Market Cap159863995.200+56%70846437.48070846437.4800%77884639.560-9%66509701.440+7%59481760.846+19%
Usd Price Per Share14.664+56%6.4996.4990%7.144-9%6.101+7%5.456+19%
Usd Profit--4447380.0004447380.0000%6099708.000-27%6910440.000-36%6044209.200-26%
Usd Revenue--5906904.0005906904.0000%7723560.000-24%7570891.200-22%6679238.400-12%
Usd Total Gains Per Share--6.8706.8700%-5.004+173%9.809-30%5.147+33%
 EOD+4 -4MRQTTM+0 -0YOY+10 -245Y+13 -2110Y+17 -17

3.2. Fundamental Score

Let's check the fundamental score of Summit Securities Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1535.946
Price to Book Ratio (EOD)Between0-10.261
Net Profit Margin (MRQ)Greater than00.753
Operating Margin (MRQ)Greater than00.953
Quick Ratio (MRQ)Greater than199.335
Current Ratio (MRQ)Greater than160.178
Debt to Asset Ratio (MRQ)Less than10.095
Debt to Equity Ratio (MRQ)Less than10.105
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.007
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Summit Securities Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.712
Ma 20Greater thanMa 501,262.370
Ma 50Greater thanMa 1001,295.779
Ma 100Greater thanMa 2001,287.117
OpenGreater thanClose1,199.450
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets56,397,846
Total Liabilities5,339,623
Total Stockholder Equity51,058,223
 As reported
Total Liabilities 5,339,623
Total Stockholder Equity+ 51,058,223
Total Assets = 56,397,846

Assets

Total Assets56,397,846
Total Current Assets265,025
Long-term Assets56,132,821
Total Current Assets
Cash And Cash Equivalents 97,943
Short-term Investments 166,550
Net Receivables 6,428
Other Current Assets 40
Total Current Assets  (as reported)265,025
Total Current Assets  (calculated)270,961
+/- 5,936
Long-term Assets
Property Plant Equipment 1,846
Long-term Assets Other 170,506
Long-term Assets  (as reported)56,132,821
Long-term Assets  (calculated)172,352
+/- 55,960,469

Liabilities & Shareholders' Equity

Total Current Liabilities4,404
Long-term Liabilities5,339,623
Total Stockholder Equity51,058,223
Total Current Liabilities
Other Current Liabilities 4,404
Total Current Liabilities  (as reported)4,404
Total Current Liabilities  (calculated)4,404
+/-0
Long-term Liabilities
Other Liabilities 5,309,157
Long-term Liabilities Other 25,500
Long-term Liabilities  (as reported)5,339,623
Long-term Liabilities  (calculated)5,334,657
+/- 4,966
Total Stockholder Equity
Common Stock109,018
Retained Earnings 3,606,853
Accumulated Other Comprehensive Income 47,342,353
Other Stockholders Equity -1
Total Stockholder Equity (as reported)51,058,223
Total Stockholder Equity (calculated)51,058,223
+/-0
Other
Capital Stock109,018
Cash And Equivalents97,943
Cash and Short Term Investments 264,493
Common Stock Shares Outstanding 10,902
Liabilities and Stockholders Equity 56,397,846
Net Debt -97,943
Net Invested Capital 51,058,223
Net Working Capital 267,065
Property Plant and Equipment Gross 2,682



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
1,740,683
1,882,971
4,166,287
4,117,530
4,197,599
4,245,858
4,372,183
4,563,450
4,806,901
5,307,480
5,327,938
6,904,173
7,637,369
24,608,701
54,351,377
49,362,533
56,397,846
56,397,84649,362,53354,351,37724,608,7017,637,3696,904,1735,327,9385,307,4804,806,9014,563,4504,372,1834,245,8584,197,5994,117,5304,166,2871,882,9711,740,683
   > Total Current Assets 
0
0
0
0
0
0
169,743
39,045
53,959
366,713
111,718
238,579
315,322
24,082,349
53,539,855
48,293,468
265,025
265,02548,293,46853,539,85524,082,349315,322238,579111,718366,71353,95939,045169,743000000
       Cash And Cash Equivalents 
91,225
97,748
88,118
15,679
65,968
100,607
64,214
31,529
46,255
350,853
69,690
4,931
64,980
319,915
71,923
317,485
97,943
97,943317,48571,923319,91564,9804,93169,690350,85346,25531,52964,214100,60765,96815,67988,11897,74891,225
       Short-term Investments 
0
0
0
0
0
0
45,021
0
0
0
0
0
23,747,266
23,747,266
53,451,268
47,961,421
166,550
166,55047,961,42153,451,26823,747,26623,747,2660000045,021000000
       Net Receivables 
0
0
0
0
0
0
0
62
45
8,155
1,719
1,384
4,079
3,281
2,017
3,520
6,428
6,4283,5202,0173,2814,0791,3841,7198,15545620000000
       Other Current Assets 
0
0
0
0
0
0
60,508
7,516
7,704
15,860
42,028
233,648
1
15,168
16,664
7,117
40
407,11716,66415,1681233,64842,02815,8607,7047,51660,508000000
   > Long-term Assets 
0
0
0
0
0
0
4,202,440
4,524,405
4,752,942
4,940,767
5,216,220
6,665,594
7,322,049
526,353
811,522
1,069,064
56,132,821
56,132,8211,069,064811,522526,3537,322,0496,665,5945,216,2204,940,7674,752,9424,524,4054,202,440000000
       Property Plant Equipment 
0
0
7,974
258
285
290
278
207
229
257
136
160
140
2,139
2,112
1,939
1,846
1,8461,9392,1122,1391401601362572292072782902852587,97400
       Long Term Investments 
0
0
0
0
0
0
0
4,524,195
4,752,399
4,940,170
5,215,720
6,665,069
7,321,499
0
0
0
0
00007,321,4996,665,0695,215,7204,940,1704,752,3994,524,1950000000
       Intangible Assets 
0
0
0
0
0
0
0
3
0
0
0
0
0
0
0
0
0
00000000030000000
       Long-term Assets Other 
0
0
0
0
0
0
45,028
4,524,198
4,752,713
4,940,510
5,216,084
6,665,434
23,747,675
523,937
53,451,268
-47,964,933
170,506
170,506-47,964,93353,451,268523,93723,747,6756,665,4345,216,0844,940,5104,752,7134,524,19845,028000000
> Total Liabilities 
237,682
230,978
160,001
159,687
162,498
79,996
72,806
99,877
96,829
88,303
39,553
402,987
39,224
1,609,022
4,987,875
4,545,176
5,339,623
5,339,6234,545,1764,987,8751,609,02239,224402,98739,55388,30396,82999,87772,80679,996162,498159,687160,001230,978237,682
   > Total Current Liabilities 
0
0
0
0
0
0
72,284
99,336
95,339
86,074
36,301
396,979
37,024
36,314
35,776
29,364
4,404
4,40429,36435,77636,31437,024396,97936,30186,07495,33999,33672,284000000
       Short-term Debt 
0
0
0
0
0
0
155
0
593
593
593
168,593
593
0
0
0
0
0000593168,5935935935930155000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
593
593
593
168,593
593
0
0
0
0
0000593168,59359359359300000000
       Accounts payable 
0
0
0
0
0
0
2,546
858
0
0
0
191,379
0
0
0
0
0
00000191,3790008582,546000000
       Other Current Liabilities 
0
0
0
0
0
0
69,583
98,478
95,339
85,481
35,697
36,624
36,431
36,314
35,776
29,364
4,404
4,40429,36435,77636,31436,43136,62435,69785,48195,33998,47869,583000000
   > Long-term Liabilities 
0
0
60,868
81,294
81,350
0
522
541
1,490
2,229
3,252
6,008
2,200
1,572,708
4,952,099
4,515,812
5,339,623
5,339,6234,515,8124,952,0991,572,7082,2006,0083,2522,2291,490541522081,35081,29460,86800
       Other Liabilities 
0
0
0
0
0
0
0
529
1,479
2,245
3,252
6,008
3,432,525
1,573,079
4,952,677
4,514,899
5,309,157
5,309,1574,514,8994,952,6771,573,0793,432,5256,0083,2522,2451,4795290000000
> Total Stockholder Equity
1,502,377
1,650,676
3,967,364
3,957,843
4,035,101
4,165,862
4,299,377
4,463,573
4,710,072
5,219,178
5,288,407
6,501,186
7,598,145
22,999,679
49,363,502
44,817,357
51,058,223
51,058,22344,817,35749,363,50222,999,6797,598,1456,501,1865,288,4075,219,1784,710,0724,463,5734,299,3774,165,8624,035,1013,957,8433,967,3641,650,6761,502,377
   Common Stock
436,728
485,079
105,661
105,661
105,661
105,661
105,661
109,018
109,018
109,018
109,018
109,018
109,018
109,018
109,018
109,018
109,018
109,018109,018109,018109,018109,018109,018109,018109,018109,018109,018105,661105,661105,661105,661105,661485,079436,728
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
0
0
-4,300
-65
-119
-189
-244
-320
-506
-613
-736
-842
-1,029
-271
46,352,962
41,400,039
47,342,353
47,342,35341,400,03946,352,962-271-1,029-842-736-613-506-320-244-189-119-65-4,30000
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
1,065,649
1,165,597
3,866,003
3,852,246
3,929,558
4,060,390
4,193,860
3,961,099
4,010,390
4,119,067
4,133,036
4,522,636
4,614,455
-7,419,519
-1
-1
-1
-1-1-1-7,419,5194,614,4554,522,6364,133,0364,119,0674,010,3903,961,0994,193,8604,060,3903,929,5583,852,2463,866,0031,165,5971,065,649



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue492,242
Cost of Revenue-13,817
Gross Profit478,425478,425
 
Operating Income (+$)
Gross Profit478,425
Operating Expense-9,405
Operating Income469,020469,020
 
Operating Expense (+$)
Research Development0
Selling General Administrative10,819
Selling And Marketing Expenses107
Operating Expense9,40510,926
 
Net Interest Income (+$)
Interest Income16,972
Interest Expense-966
Other Finance Cost-966
Net Interest Income16,972
 
Pretax Income (+$)
Operating Income469,020
Net Interest Income16,972
Other Non-Operating Income Expenses0
Income Before Tax (EBT)469,986468,054
EBIT - interestExpense = 468,054
469,986
371,581
Interest Expense966
Earnings Before Interest and Taxes (EBIT)469,020470,952
Earnings Before Interest and Taxes (EBITDA)469,191
 
After tax Income (+$)
Income Before Tax469,986
Tax Provision-99,371
Net Income From Continuing Ops370,615370,615
Net Income370,615
Net Income Applicable To Common Shares370,615
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses23,222
Total Other Income/Expenses Net966-16,972
 

Technical Analysis of Summit Securities Limited
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 Summit Securities Limited. The general trend of Summit Securities Limited is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Summit Securities Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Summit Securities Limited.

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: 1,252 < 1,419 < 1,434.

The bearish price targets are: 1,137 > 1,130 > 960.10.

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Summit Securities Limited 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 Summit Securities Limited. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Summit Securities Limited 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 Summit Securities Limited. The current macd is -31.17581433.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Summit Securities Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Summit Securities Limited. 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 Summit Securities Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Summit Securities Limited Daily Moving Average Convergence/Divergence (MACD) ChartSummit Securities Limited 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 Summit Securities Limited. The current adx is 17.87.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Summit Securities Limited shares, leading to potential upward 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.
Summit Securities Limited 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 Summit Securities Limited. The current sar is 1,306.

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
Summit Securities Limited 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 Summit Securities Limited. The current rsi is 45.71. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Summit Securities Limited Daily Relative Strength Index (RSI) ChartSummit Securities Limited 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 Summit Securities Limited. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Summit Securities Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Summit Securities Limited Daily Stochastic Oscillator ChartSummit Securities Limited 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 Summit Securities Limited. The current cci is -25.00522132.

Summit Securities Limited Daily Commodity Channel Index (CCI) ChartSummit Securities Limited 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 Summit Securities Limited. The current cmo is -5.94518563.

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
Summit Securities Limited Daily Chande Momentum Oscillator (CMO) ChartSummit Securities Limited 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 Summit Securities Limited. The current willr is -65.6593919.

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 Summit Securities Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Summit Securities Limited Daily Williams %R ChartSummit Securities Limited 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 Summit Securities Limited.

Summit Securities Limited 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 Summit Securities Limited. The current atr is 63.49.

Summit Securities Limited Daily Average True Range (ATR) ChartSummit Securities Limited 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 Summit Securities Limited. The current obv is 1,068,680.

Summit Securities Limited Daily On-Balance Volume (OBV) ChartSummit Securities Limited 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 Summit Securities Limited. The current mfi is 34.62.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Summit Securities Limited Daily Money Flow Index (MFI) ChartSummit Securities Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Summit Securities Limited.

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
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-08DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-20MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH 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).
2024-01-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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).
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.

6.3. Candlestick Patterns

Summit Securities Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Summit Securities Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.712
Ma 20Greater thanMa 501,262.370
Ma 50Greater thanMa 1001,295.779
Ma 100Greater thanMa 2001,287.117
OpenGreater thanClose1,199.450
Total2/5 (40.0%)
Penke

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