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Synlab AG
Buy, Hold or Sell?

Let's analyse Synlab together

PenkeI guess you are interested in Synlab AG. 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 Synlab AG. 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 Synlab (30 sec.)










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

How much money do you get?

How much money do you get?
€0.36
When do you have the money?
1 year
How often do you get paid?
68.8%

What is your share worth?

Current worth
€10.64
Expected worth in 1 year
€10.66
How sure are you?
62.5%

+ What do you gain per year?

Total Gains per Share
€0.36
Return On Investment
3.4%

For what price can you sell your share?

Current Price per Share
€10.48
Expected price per share
€10.20 - €11.66
How sure are you?
50%

1. Valuation of Synlab (5 min.)




Live pricePrice per Share (EOD)

€10.48

Intrinsic Value Per Share

€23.76 - €27.62

Total Value Per Share

€34.40 - €38.26

2. Growth of Synlab (5 min.)




Is Synlab growing?

Current yearPrevious yearGrowGrow %
How rich?$2.5b$2.5b-$39.6m-1.6%

How much money is Synlab making?

Current yearPrevious yearGrowGrow %
Making money$24.9m$40.9m-$15.9m-64.0%
Net Profit Margin3.7%3.2%--

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

3. Financial Health of Synlab (5 min.)




4. Comparing to competitors in the Diagnostics & Research industry (5 min.)




  Industry Rankings (Diagnostics & Research)  


Richest
#20 / 144

Most Revenue
#21 / 144

Most Profit
#25 / 144

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

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

What can you expect buying and holding a share of Synlab?

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

Speculation

The Price per Share of Synlab is €10.48. 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 Synlab.
  • 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 Synlab, 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 €10.64. Based on the TTM, the Book Value Change Per Share is €0.01 per quarter. Based on the YOY, the Book Value Change Per Share is €0.15 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 €0.08 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Synlab.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.38-3.6%0.090.9%0.181.7%0.252.4%0.252.4%
Usd Book Value Change Per Share-0.37-3.5%0.010.1%0.161.5%0.726.9%0.726.9%
Usd Dividend Per Share0.000.0%0.090.9%0.100.9%0.050.5%0.050.5%
Usd Total Gains Per Share-0.37-3.5%0.100.9%0.262.4%0.777.3%0.777.3%
Usd Price Per Share12.35-10.86-15.31-10.73-10.73-
Price to Earnings Ratio-8.13-20.36--2.72-5.90-5.90-
Price-to-Total Gains Ratio-33.62--79.68--12.55--24.95--24.95-
Price to Book Ratio1.07-0.94-1.31-0.97-0.97-
Price-to-Total Gains Ratio-33.62--79.68--12.55--24.95--24.95-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.337264
Number of shares88
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.090.05
Usd Book Value Change Per Share0.010.72
Usd Total Gains Per Share0.100.77
Gains per Quarter (88 shares)8.5567.52
Gains per Year (88 shares)34.18270.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13222417253260
26445834506530
39669251760800
412891266710131070
5160111608412661340
61921319410115191610
72241522811817721880
82561726213520262150
92881929615222792420
103202233016925322690

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 Share3.01.00.075.0%9.03.00.075.0%10.06.00.062.5%10.06.00.062.5%10.06.00.062.5%
Book Value Change Per Share2.02.00.050.0%8.04.00.066.7%9.04.03.056.3%9.04.03.056.3%9.04.03.056.3%
Dividend per Share1.00.03.025.0%9.00.03.075.0%11.00.05.068.8%11.00.05.068.8%11.00.05.068.8%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%10.04.02.062.5%10.04.02.062.5%10.04.02.062.5%

Fundamentals of Synlab

About Synlab AG

SYNLAB AG provides clinical laboratory and medical diagnostic services for insurance companies, hospitals, pharmacies, national health organizations, practicing doctors, clinics, patients, governments, and corporations primarily in Europe. The company offers medical and veterinary diagnostics services. SYNLAB AG was founded in 1998 and is headquartered in Munich, Germany.

Fundamental data was last updated by Penke on 2024-04-30 15:12:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just 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 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 cheap.

1.1. Profitability of Synlab AG.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Synlab earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Synlab to the Diagnostics & Research industry mean.
  • A Net Profit Margin of -12.0% means that €-0.12 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Synlab AG:

  • The MRQ is -12.0%. The company is making a huge loss. -2
  • The TTM is 3.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ-12.0%TTM3.7%-15.7%
TTM3.7%YOY3.2%+0.5%
TTM3.7%5Y7.2%-3.5%
5Y7.2%10Y7.2%0.0%
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.0%-7.8%-4.2%
TTM3.7%-6.9%+10.6%
YOY3.2%-2.3%+5.5%
5Y7.2%-2.5%+9.7%
10Y7.2%-2.3%+9.5%
1.1.2. Return on Assets

Shows how efficient Synlab is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Synlab to the Diagnostics & Research industry mean.
  • -1.7% Return on Assets means that Synlab generated €-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Synlab AG:

  • The MRQ is -1.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.7%TTM0.4%-2.1%
TTM0.4%YOY0.6%-0.2%
TTM0.4%5Y1.4%-1.0%
5Y1.4%10Y1.4%0.0%
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.7%-1.5%-0.2%
TTM0.4%-1.1%+1.5%
YOY0.6%-0.6%+1.2%
5Y1.4%-0.3%+1.7%
10Y1.4%-0.4%+1.8%
1.1.3. Return on Equity

Shows how efficient Synlab is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Synlab to the Diagnostics & Research industry mean.
  • -3.3% Return on Equity means Synlab generated €-0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Synlab AG:

  • The MRQ is -3.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-3.3%TTM0.6%-3.9%
TTM0.6%YOY-0.4%+1.1%
TTM0.6%5Y1.9%-1.2%
5Y1.9%10Y1.9%0.0%
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.3%-0.3%-3.0%
TTM0.6%0.2%+0.4%
YOY-0.4%-0.3%-0.1%
5Y1.9%-1.2%+3.1%
10Y1.9%-1.3%+3.2%

1.2. Operating Efficiency of Synlab AG.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Synlab is operating .

  • Measures how much profit Synlab 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 Synlab to the Diagnostics & Research industry mean.
  • An Operating Margin of 4.8% means the company generated €0.05  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Synlab AG:

  • The MRQ is 4.8%. The company is operating less efficient.
  • The TTM is 11.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.8%TTM11.7%-6.8%
TTM11.7%YOY22.7%-11.1%
TTM11.7%5Y23.5%-11.9%
5Y23.5%10Y23.5%0.0%
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%-10.8%+15.6%
TTM11.7%0.2%+11.5%
YOY22.7%3.4%+19.3%
5Y23.5%2.7%+20.8%
10Y23.5%0.9%+22.6%
1.2.2. Operating Ratio

Measures how efficient Synlab is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Diagnostics & Research industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are €0.95 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Synlab AG:

  • The MRQ is 0.952. The company is less efficient in keeping operating costs low.
  • The TTM is 0.952. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.952TTM0.9520.000
TTM0.952YOY0.876+0.076
TTM0.9525Y0.477+0.475
5Y0.47710Y0.4770.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9521.304-0.352
TTM0.9521.343-0.391
YOY0.8761.280-0.404
5Y0.4771.251-0.774
10Y0.4771.202-0.725

1.3. Liquidity of Synlab AG.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Synlab is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Diagnostics & Research industry mean).
  • A Current Ratio of 1.16 means the company has €1.16 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Synlab AG:

  • The MRQ is 1.156. The company is just able to pay all its short-term debts.
  • The TTM is 1.374. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.156TTM1.374-0.218
TTM1.374YOY1.568-0.194
TTM1.3745Y1.257+0.116
5Y1.25710Y1.2570.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1562.150-0.994
TTM1.3742.420-1.046
YOY1.5682.593-1.025
5Y1.2572.958-1.701
10Y1.2572.989-1.732
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Synlab to the Diagnostics & Research industry mean.
  • A Quick Ratio of 1.03 means the company can pay off €1.03 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Synlab AG:

  • The MRQ is 1.027. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.238. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.027TTM1.238-0.211
TTM1.238YOY1.423-0.185
TTM1.2385Y1.029+0.208
5Y1.02910Y1.0290.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0271.274-0.247
TTM1.2381.279-0.041
YOY1.4231.795-0.372
5Y1.0291.997-0.968
10Y1.0292.234-1.205

1.4. Solvency of Synlab AG.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Synlab assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Synlab to Diagnostics & Research industry mean.
  • A Debt to Asset Ratio of 0.50 means that Synlab assets are financed with 49.9% credit (debt) and the remaining percentage (100% - 49.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Synlab AG:

  • The MRQ is 0.499. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.529. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.499TTM0.529-0.031
TTM0.529YOY0.565-0.035
TTM0.5295Y0.477+0.052
5Y0.47710Y0.4770.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4990.432+0.067
TTM0.5290.403+0.126
YOY0.5650.386+0.179
5Y0.4770.441+0.036
10Y0.4770.441+0.036
1.4.2. Debt to Equity Ratio

Measures if Synlab is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Synlab to the Diagnostics & Research industry mean.
  • A Debt to Equity ratio of 99.3% means that company has €0.99 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Synlab AG:

  • The MRQ is 0.993. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.822. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.993TTM0.822+0.171
TTM0.822YOY0.327+0.496
TTM0.8225Y0.499+0.324
5Y0.49910Y0.4990.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9930.619+0.374
TTM0.8220.563+0.259
YOY0.3270.537-0.210
5Y0.4990.635-0.136
10Y0.4990.730-0.231

2. Market Valuation of Synlab AG

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 Synlab generates.

  • Above 15 is considered overpriced but always compare Synlab to the Diagnostics & Research industry mean.
  • A PE ratio of -8.13 means the investor is paying €-8.13 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Synlab AG:

  • The EOD is -7.461. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.130. Based on the earnings, the company is expensive. -2
  • The TTM is 20.355. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD-7.461MRQ-8.130+0.669
MRQ-8.130TTM20.355-28.485
TTM20.355YOY-2.725+23.080
TTM20.3555Y5.901+14.455
5Y5.90110Y5.9010.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
EOD-7.461-0.253-7.208
MRQ-8.130-0.519-7.611
TTM20.355-0.112+20.467
YOY-2.725-0.115-2.610
5Y5.9011.627+4.274
10Y5.9015.9010.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Synlab AG:

  • The EOD is 8.045. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.766. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 12.653. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.045MRQ8.766-0.722
MRQ8.766TTM12.653-3.887
TTM12.653YOY15.948-3.295
TTM12.6535Y8.218+4.435
5Y8.21810Y8.2180.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
EOD8.045-1.020+9.065
MRQ8.766-1.283+10.049
TTM12.653-1.057+13.710
YOY15.948-2.859+18.807
5Y8.218-1.549+9.767
10Y8.218-2.509+10.727
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Diagnostics & Research industry mean).
  • A PB ratio of 1.07 means the investor is paying €1.07 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Synlab AG:

  • The EOD is 0.985. Based on the equity, the company is cheap. +2
  • The MRQ is 1.073. Based on the equity, the company is underpriced. +1
  • The TTM is 0.940. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.985MRQ1.073-0.088
MRQ1.073TTM0.940+0.133
TTM0.940YOY1.313-0.373
TTM0.9405Y0.973-0.033
5Y0.97310Y0.9730.000
Compared to industry (Diagnostics & Research)
PeriodCompanyIndustry (mean)+/- 
EOD0.9852.022-1.037
MRQ1.0732.192-1.119
TTM0.9402.153-1.213
YOY1.3132.700-1.387
5Y0.9733.450-2.477
10Y0.9734.026-3.053
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Synlab AG 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---0.3400.006-6086%0.147-332%0.665-151%0.665-151%
Book Value Per Share--10.63910.6740%10.778-1%7.669+39%7.669+39%
Current Ratio--1.1561.374-16%1.568-26%1.257-8%1.257-8%
Debt To Asset Ratio--0.4990.529-6%0.565-12%0.477+4%0.477+4%
Debt To Equity Ratio--0.9930.822+21%0.327+204%0.499+99%0.499+99%
Dividend Per Share---0.084-100%0.089-100%0.044-100%0.044-100%
Eps---0.3510.087-506%0.168-309%0.229-253%0.229-253%
Free Cash Flow Per Share--0.3260.223+46%0.530-39%0.493-34%0.493-34%
Free Cash Flow To Equity Per Share---0.759-0.672-11%0.169-549%-0.170-78%-0.170-78%
Gross Profit Margin--1.3971.099+27%1.327+5%1.099+27%1.099+27%
Intrinsic Value_10Y_max--27.620--------
Intrinsic Value_10Y_min--23.764--------
Intrinsic Value_1Y_max--2.375--------
Intrinsic Value_1Y_min--2.333--------
Intrinsic Value_3Y_max--7.435--------
Intrinsic Value_3Y_min--7.092--------
Intrinsic Value_5Y_max--12.856--------
Intrinsic Value_5Y_min--11.907--------
Market Cap2303242083.840-9%2509833035.2402212741454.815+13%3139735024.818-20%2200317035.104+14%2200317035.104+14%
Net Profit Margin---0.1200.037-423%0.032-477%0.072-265%0.072-265%
Operating Margin--0.0480.117-59%0.227-79%0.235-80%0.235-80%
Operating Ratio--0.9520.9520%0.876+9%0.477+100%0.477+100%
Pb Ratio0.985-9%1.0730.940+14%1.313-18%0.973+10%0.973+10%
Pe Ratio-7.461+8%-8.13020.355-140%-2.725-66%5.901-238%5.901-238%
Price Per Share10.480-9%11.42010.035+14%14.150-19%9.917+15%9.917+15%
Price To Free Cash Flow Ratio8.045-9%8.76612.653-31%15.948-45%8.218+7%8.218+7%
Price To Total Gains Ratio-30.856+8%-33.623-79.681+137%-12.554-63%-24.954-26%-24.954-26%
Quick Ratio--1.0271.238-17%1.423-28%1.0290%1.0290%
Return On Assets---0.0170.004-488%0.006-362%0.014-217%0.014-217%
Return On Equity---0.0330.006-612%-0.004-87%0.019-276%0.019-276%
Total Gains Per Share---0.3400.090-478%0.236-244%0.709-148%0.709-148%
Usd Book Value--2529498295.8002546776805.400-1%2586433970.700-2%1906354991.700+33%1906354991.700+33%
Usd Book Value Change Per Share---0.3670.006-6086%0.159-332%0.719-151%0.719-151%
Usd Book Value Per Share--11.50911.5470%11.660-1%8.296+39%8.296+39%
Usd Dividend Per Share---0.091-100%0.096-100%0.048-100%0.048-100%
Usd Eps---0.3800.094-506%0.182-309%0.248-253%0.248-253%
Usd Free Cash Flow--77430916.80053087712.300+46%127477689.300-39%132545584.238-42%132545584.238-42%
Usd Free Cash Flow Per Share--0.3520.241+46%0.573-39%0.533-34%0.533-34%
Usd Free Cash Flow To Equity Per Share---0.821-0.727-11%0.183-549%-0.184-78%-0.184-78%
Usd Market Cap2491647286.298-9%2715137377.5232393743705.819+13%3396565349.848-20%2380302968.576+14%2380302968.576+14%
Usd Price Per Share11.337-9%12.35410.856+14%15.307-19%10.728+15%10.728+15%
Usd Profit---83494405.80024955503.300-435%40934500.650-304%75617684.775-210%75617684.775-210%
Usd Revenue--698076885.600712679833.350-2%879103404.450-21%829725995.700-16%829725995.700-16%
Usd Total Gains Per Share---0.3670.097-478%0.255-244%0.767-148%0.767-148%
 EOD+4 -4MRQTTM+12 -24YOY+6 -305Y+8 -2810Y+8 -28

3.2. Fundamental Score

Let's check the fundamental score of Synlab AG based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-7.461
Price to Book Ratio (EOD)Between0-10.985
Net Profit Margin (MRQ)Greater than0-0.120
Operating Margin (MRQ)Greater than00.048
Quick Ratio (MRQ)Greater than11.027
Current Ratio (MRQ)Greater than11.156
Debt to Asset Ratio (MRQ)Less than10.499
Debt to Equity Ratio (MRQ)Less than10.993
Return on Equity (MRQ)Greater than0.15-0.033
Return on Assets (MRQ)Greater than0.05-0.017
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Synlab AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.360
Ma 20Greater thanMa 5010.393
Ma 50Greater thanMa 10010.660
Ma 100Greater thanMa 20011.221
OpenGreater thanClose10.480
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets4,663,266
Total Liabilities2,325,035
Total Stockholder Equity2,340,398
 As reported
Total Liabilities 2,325,035
Total Stockholder Equity+ 2,340,398
Total Assets = 4,663,266

Assets

Total Assets4,663,266
Total Current Assets789,148
Long-term Assets3,874,118
Total Current Assets
Cash And Cash Equivalents 221,527
Short-term Investments 44,062
Net Receivables 435,598
Other Current Assets 66,986
Total Current Assets  (as reported)789,148
Total Current Assets  (calculated)768,173
+/- 20,975
Long-term Assets
Property Plant Equipment 953,096
Goodwill 2,198,943
Intangible Assets 598,977
Long-term Assets Other 19,179
Long-term Assets  (as reported)3,874,118
Long-term Assets  (calculated)3,770,195
+/- 103,923

Liabilities & Shareholders' Equity

Total Current Liabilities682,853
Long-term Liabilities1,642,182
Total Stockholder Equity2,340,398
Total Current Liabilities
Short-term Debt 157,269
Short Long Term Debt 19,117
Accounts payable 289,742
Other Current Liabilities 226,056
Total Current Liabilities  (as reported)682,853
Total Current Liabilities  (calculated)692,184
+/- 9,331
Long-term Liabilities
Long term Debt 902,890
Capital Lease Obligations 638,030
Long-term Liabilities Other 34,501
Long-term Liabilities  (as reported)1,642,182
Long-term Liabilities  (calculated)1,575,421
+/- 66,761
Total Stockholder Equity
Common Stock222,222
Retained Earnings -798,928
Accumulated Other Comprehensive Income 13,100
Other Stockholders Equity 2,904,004
Total Stockholder Equity (as reported)2,340,398
Total Stockholder Equity (calculated)2,340,398
+/-0
Other
Capital Stock222,222
Cash and Short Term Investments 221,527
Common Stock Shares Outstanding 219,775
Current Deferred Revenue9,786
Liabilities and Stockholders Equity 4,663,266
Net Debt 1,339,832
Net Invested Capital 3,262,405
Net Working Capital 106,295
Property Plant and Equipment Gross 1,242,941
Short Long Term Debt Total 1,561,359



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-31
> Total Assets 
0
0
0
5,283,189
0
5,250,094
5,216,741
5,425,945
5,753,383
5,371,170
5,464,153
5,381,114
5,244,813
5,147,070
4,989,737
4,663,266
4,663,2664,989,7375,147,0705,244,8135,381,1145,464,1535,371,1705,753,3835,425,9455,216,7415,250,09405,283,189000
   > Total Current Assets 
238,712
0
0
1,665,301
1,302,476
1,481,234
1,372,448
1,312,363
1,576,658
1,336,204
1,408,184
1,222,564
1,085,132
1,094,189
1,054,221
789,148
789,1481,054,2211,094,1891,085,1321,222,5641,408,1841,336,2041,576,6581,312,3631,372,4481,481,2341,302,4761,665,30100238,712
       Cash And Cash Equivalents 
0
0
0
904,900
487,136
659,165
619,851
443,747
540,640
511,236
660,006
541,684
396,303
256,333
404,159
221,527
221,527404,159256,333396,303541,684660,006511,236540,640443,747619,851659,165487,136904,900000
       Short-term Investments 
0
0
0
0
0
0
0
36,198
72,683
62,922
61,050
41,409
62,011
62,532
64,716
44,062
44,06264,71662,53262,01141,40961,05062,92272,68336,1980000000
       Net Receivables 
0
0
0
615,767
592,409
-2,235
544,565
-36,542
793,785
633,912
541,638
521,463
453,350
622,440
412,333
435,598
435,598412,333622,440453,350521,463541,638633,912793,785-36,542544,565-2,235592,409615,767000
       Other Current Assets 
0
0
0
-1,001
85,824
708,877
648,977
758,940
133,408
93,007
114,276
69,433
96,137
82,553
103,722
66,986
66,986103,72282,55396,13769,433114,27693,007133,408758,940648,977708,87785,824-1,001000
   > Long-term Assets 
0
0
0
3,617,888
3,588,814
3,696,540
3,764,938
4,031,215
4,057,187
3,925,371
3,935,814
4,158,550
4,028,322
4,052,881
3,935,516
3,874,118
3,874,1183,935,5164,052,8814,028,3224,158,5503,935,8143,925,3714,057,1874,031,2153,764,9383,696,5403,588,8143,617,888000
       Property Plant Equipment 
0
0
0
618,178
633,115
720,982
728,248
853,516
851,873
871,407
876,185
967,474
950,885
956,077
936,275
953,096
953,096936,275956,077950,885967,474876,185871,407851,873853,516728,248720,982633,115618,178000
       Goodwill 
0
0
0
2,212,128
2,246,398
2,254,798
2,326,233
2,439,780
2,470,575
2,324,918
2,343,766
2,323,423
2,352,887
2,337,947
2,268,497
2,198,943
2,198,9432,268,4972,337,9472,352,8872,323,4232,343,7662,324,9182,470,5752,439,7802,326,2332,254,7982,246,3982,212,128000
       Intangible Assets 
0
0
0
715,380
704,668
716,155
705,689
725,926
729,669
728,079
715,053
733,238
723,224
631,375
611,157
598,977
598,977611,157631,375723,224733,238715,053728,079729,669725,926705,689716,155704,668715,380000
       Other Assets 
0
0
0
0
72,315
72,320
79,355
82,367
119,538
109,595
120,155
93,080
131,359
126,080
118,116
0
0118,116126,080131,35993,080120,155109,595119,53882,36779,35572,32072,3150000
> Total Liabilities 
0
0
0
4,079,637
3,560,877
3,297,736
3,135,616
3,170,246
3,258,091
3,050,801
3,049,609
3,047,873
2,889,069
2,841,603
2,572,367
2,325,035
2,325,0352,572,3672,841,6032,889,0693,047,8733,049,6093,050,8013,258,0913,170,2463,135,6163,297,7363,560,8774,079,637000
   > Total Current Liabilities 
0
0
0
811,483
832,662
857,039
839,483
955,530
1,050,529
848,374
862,647
782,749
756,671
750,416
728,368
682,853
682,853728,368750,416756,671782,749862,647848,3741,050,529955,530839,483857,039832,662811,483000
       Short-term Debt 
0
0
0
120,495
0
117,433
113,756
126,561
126,972
137,910
140,362
148,060
150,876
150,090
151,742
157,269
157,269151,742150,090150,876148,060140,362137,910126,972126,561113,756117,4330120,495000
       Short Long Term Debt 
0
0
0
36,750
0
21,622
13,197
12,573
10,020
12,379
11,015
15,873
19,904
23,500
24,366
19,117
19,11724,36623,50019,90415,87311,01512,37910,02012,57313,19721,622036,750000
       Accounts payable 
0
0
0
320,177
334,167
253,506
314,904
269,848
345,980
194,179
292,806
217,122
293,810
177,680
274,895
289,742
289,742274,895177,680293,810217,122292,806194,179345,980269,848314,904253,506334,167320,177000
       Other Current Liabilities 
0
0
0
24,088
498,495
603,533
524,579
685,682
577,577
504,499
417,468
32,012
299,203
53,026
223,904
226,056
226,056223,90453,026299,20332,012417,468504,499577,577685,682524,579603,533498,49524,088000
   > Long-term Liabilities 
0
0
0
3,268,154
2,131,766
1,728,006
1,579,936
1,417,635
1,413,654
1,408,986
1,411,638
2,265,124
1,314,726
2,091,187
1,843,999
1,642,182
1,642,1821,843,9992,091,1871,314,7262,265,1241,411,6381,408,9861,413,6541,417,6351,579,9361,728,0062,131,7663,268,154000
       Other Liabilities 
0
0
0
0
249,396
279,566
287,224
295,393
305,137
293,955
278,890
296,351
0
255,093
252,253
0
0252,253255,0930296,351278,890293,955305,137295,393287,224279,566249,3960000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
3,301
0
0
0
0
00003,30100000000000
> Total Stockholder Equity
0
0
0
1,205,640
-117,632
-1,833,216
-1,704,190
-1,547,315
-1,318,696
-1,419,960
-1,348,260
2,333,171
-567,473
2,306,439
2,418,906
2,340,398
2,340,3982,418,9062,306,439-567,4732,333,171-1,348,260-1,419,960-1,318,696-1,547,315-1,704,190-1,833,216-117,6321,205,640000
   Common Stock
0
0
0
134,388
134,388
222,222
222,222
222,222
222,222
222,222
222,222
222,222
222,222
222,222
222,222
222,222
222,222222,222222,222222,222222,222222,222222,222222,222222,222222,222222,222134,388134,388000
   Retained Earnings Total Equity0000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
34,620
58,442
31,771
25,094
35,629
16,793
13,100
13,10016,79335,62925,09431,77158,44234,620000000000
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
0
0
0
309,585
117,632
1,833,216
1,704,190
1,547,315
1,318,696
-34,620
-58,442
595,488
-25,094
2,827,312
2,829,557
2,904,004
2,904,0042,829,5572,827,312-25,094595,488-58,442-34,6201,318,6961,547,3151,704,1901,833,216117,632309,585000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue2,635,163
Cost of Revenue-2,065,273
Gross Profit569,890569,890
 
Operating Income (+$)
Gross Profit569,890
Operating Expense-452,576
Operating Income117,314117,314
 
Operating Expense (+$)
Research Development0
Selling General Administrative150,154
Selling And Marketing Expenses30,671
Operating Expense452,576180,825
 
Net Interest Income (+$)
Interest Income16,453
Interest Expense-107,720
Other Finance Cost-765
Net Interest Income-92,032
 
Pretax Income (+$)
Operating Income117,314
Net Interest Income-92,032
Other Non-Operating Income Expenses0
Income Before Tax (EBT)143,04491,584
EBIT - interestExpense = 9,594
142,337
199,994
Interest Expense107,720
Earnings Before Interest and Taxes (EBIT)117,314250,764
Earnings Before Interest and Taxes (EBITDA)411,429
 
After tax Income (+$)
Income Before Tax143,044
Tax Provision-50,063
Net Income From Continuing Ops130,02792,981
Net Income92,274
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,517,849
Total Other Income/Expenses Net25,73092,032
 

Technical Analysis of Synlab
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 Synlab. The general trend of Synlab is BEARISH with 42.9% 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 Synlab'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 (-42.9%) Bearish trend (42.9%)
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 Synlab AG.

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

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

The bullish price targets are: 10.96 < 11.66 < 11.66.

The bearish price targets are: 10.24 > 10.20 > 10.20.

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Synlab AG 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 Synlab AG. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

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

Synlab AG 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 Synlab AG. The current macd is -0.0907345.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Synlab price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Synlab. 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 Synlab 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
Synlab AG Daily Moving Average Convergence/Divergence (MACD) ChartSynlab AG 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 Synlab AG. The current adx is 21.42.

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 Synlab 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.
Synlab AG 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 Synlab AG. The current sar is 10.22.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Synlab AG 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 Synlab AG. The current rsi is 50.36. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Synlab AG Daily Relative Strength Index (RSI) ChartSynlab AG 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 Synlab AG. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %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 Synlab price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Synlab AG Daily Stochastic Oscillator ChartSynlab AG 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 Synlab AG. The current cci is 41.34.

Synlab AG Daily Commodity Channel Index (CCI) ChartSynlab AG 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 Synlab AG. The current cmo is 14.14.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Synlab AG Daily Chande Momentum Oscillator (CMO) ChartSynlab AG 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 Synlab AG. The current willr is -26.31578947.

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 Synlab is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Synlab AG Daily Williams %R ChartSynlab AG 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 Synlab AG.

Synlab AG 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 Synlab AG. The current atr is 0.17721713.

Synlab AG Daily Average True Range (ATR) ChartSynlab AG 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 Synlab AG. The current obv is 1,448,160.

Synlab AG Daily On-Balance Volume (OBV) ChartSynlab AG 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 Synlab AG. The current mfi is 59.20.

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

  • MFI > 50: +1
Synlab AG Daily Money Flow Index (MFI) ChartSynlab AG Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Synlab AG.

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
2024-01-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI 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
2024-01-19DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31STOCH 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
2024-02-01BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27STOCH 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
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-03-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-04STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-05-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-05-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-10BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Synlab AG Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Synlab AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.360
Ma 20Greater thanMa 5010.393
Ma 50Greater thanMa 10010.660
Ma 100Greater thanMa 20011.221
OpenGreater thanClose10.480
Total2/5 (40.0%)
Penke

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