25 XP   0   0   10

Terna Rete Elettrica Nazionale
Buy, Hold or Sell?

Let's analyse Terna together

PenkeI guess you are interested in Terna Rete Elettrica Nazionale. 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 Terna Rete Elettrica Nazionale. 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.

Get notifications about Terna Rete Elettrica Nazionale

I send you an email if I find something interesting about Terna Rete Elettrica Nazionale.

Quick analysis of Terna (30 sec.)










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

How much money do you get?

How much money do you get?
$0.84
When do you have the money?
1 year
How often do you get paid?
82.5%

What is your share worth?

Current worth
$10.28
Expected worth in 1 year
$10.65
How sure are you?
55.0%

+ What do you gain per year?

Total Gains per Share
$1.21
Return On Investment
4.9%

For what price can you sell your share?

Current Price per Share
$24.80
Expected price per share
$24.22 - $25.99
How sure are you?
50%

1. Valuation of Terna (5 min.)




Live pricePrice per Share (EOD)

$24.80

Intrinsic Value Per Share

$-19.25 - $4.27

Total Value Per Share

$-8.97 - $14.55

2. Growth of Terna (5 min.)




Is Terna growing?

Current yearPrevious yearGrowGrow %
How rich?$6.8b$5.9b$597.8m9.2%

How much money is Terna making?

Current yearPrevious yearGrowGrow %
Making money$297.6m$320m-$22.4m-7.5%
Net Profit Margin28.9%30.0%--

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

3. Financial Health of Terna (5 min.)




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

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

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

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

Speculation

The Price per Share of Terna is $24.80. 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 Terna.
  • 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 Terna, 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 $10.28. Based on the TTM, the Book Value Change Per Share is $0.09 per quarter. Based on the YOY, the Book Value Change Per Share is $0.59 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 $0.21 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Terna.

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 Eps0.371.5%0.291.2%0.210.8%0.220.9%0.220.9%
Usd Book Value Change Per Share0.351.4%0.090.4%0.592.4%0.190.7%0.130.5%
Usd Dividend Per Share0.030.1%0.210.8%0.230.9%0.210.8%0.190.8%
Usd Total Gains Per Share0.371.5%0.301.2%0.833.3%0.401.6%0.321.3%
Usd Price Per Share22.64-23.74-23.03-21.57-18.58-
Price to Earnings Ratio15.19-25.14-35.66-31.91-33.42-
Price-to-Total Gains Ratio60.96-33.39--0.64-6.41--7.15-
Price to Book Ratio2.20-3.74-5.68-5.41-4.84-
Price-to-Total Gains Ratio60.96-33.39--0.64-6.41--7.15-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share24.8
Number of shares40
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.210.21
Usd Book Value Change Per Share0.090.19
Usd Total Gains Per Share0.300.40
Gains per Quarter (40 shares)12.0715.84
Gains per Year (40 shares)48.2963.38
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1341538343053
26729866759116
31014413410189179
413559182135119242
516873230168149305
620288278202178368
7235103326236208431
8269117374269238494
9303132422303268557
10336147470337297620

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 Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%58.01.00.098.3%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%10.010.00.050.0%20.020.00.050.0%29.027.03.049.2%
Dividend per Share3.00.01.075.0%11.00.01.091.7%19.00.01.095.0%33.00.07.082.5%41.00.018.069.5%
Total Gains per Share3.01.00.075.0%7.05.00.058.3%11.09.00.055.0%22.018.00.055.0%36.022.01.061.0%

Fundamentals of Terna

About Terna Rete Elettrica Nazionale

Terna S.p.A., together with its subsidiaries, engages in the electricity transmission and dispatching activities in Italy, Euro-area countries, and internationally. The company operates through Regulated, Non-Regulated, and International segments. It is involved in the planning, development, management, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems. The company also offers connectivity services, energy solutions, telecommunications systems and equipment, and operation and maintenance services. In addition, it designs, produces, commercializes, and repairs power transformers for electricity transmission and distribution grids, industrial transformers for the steel and metals industries, and special transformers for convertors used in electrochemical production; designs, produces, and supplies marine and terrestrial cables; implements and develops renewable energy projects; and undertakes private interconnector projects. The company was founded in 1999 and is headquartered in Rome, Italy.

Fundamental data was last updated by Penke on 2024-03-13 07:37:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient 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 unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Terna Rete Elettrica Nazionale.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Terna earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Terna to the Utilities - Regulated Electric industry mean.
  • A Net Profit Margin of 30.2% means that $0.30 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 30.2%. The company is making a huge profit. +2
  • The TTM is 28.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ30.2%TTM28.9%+1.4%
TTM28.9%YOY30.0%-1.1%
TTM28.9%5Y31.0%-2.1%
5Y31.0%10Y31.0%0.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Terna to the Utilities - Regulated Electric industry mean.
  • 1.1% Return on Assets means that Terna generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.1%TTM1.3%-0.1%
TTM1.3%YOY1.4%-0.1%
TTM1.3%5Y1.5%-0.2%
5Y1.5%10Y1.4%+0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Terna to the Utilities - Regulated Electric industry mean.
  • 3.6% Return on Equity means Terna generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 3.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.6%TTM4.8%-1.2%
TTM4.8%YOY5.8%-1.0%
TTM4.8%5Y6.1%-1.3%
5Y6.1%10Y5.9%+0.2%

1.2. Operating Efficiency of Terna Rete Elettrica Nazionale.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Terna is operating .

  • Measures how much profit Terna 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 Terna to the Utilities - Regulated Electric industry mean.
  • An Operating Margin of 44.7% means the company generated $0.45  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 44.7%. The company is operating very efficient. +2
  • The TTM is 45.7%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ44.7%TTM45.7%-1.0%
TTM45.7%YOY44.5%+1.2%
TTM45.7%5Y46.7%-1.0%
5Y46.7%10Y49.5%-2.8%
1.2.2. Operating Ratio

Measures how efficient Terna is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • An Operation Ratio of 0.55 means that the operating costs are $0.55 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 0.553. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.568. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.553TTM0.568-0.015
TTM0.568YOY0.555+0.013
TTM0.5685Y0.535+0.033
5Y0.53510Y0.516+0.019

1.3. Liquidity of Terna Rete Elettrica Nazionale.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A Current Ratio of 0.52 means the company has $0.52 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 0.523. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.630. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.630-0.107
TTM0.630YOY0.698-0.068
TTM0.6305Y0.751-0.121
5Y0.75110Y0.690+0.061
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Terna to the Utilities - Regulated Electric industry mean.
  • A Quick Ratio of 0.56 means the company can pay off $0.56 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 0.557. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.655. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.557TTM0.655-0.098
TTM0.655YOY0.736-0.081
TTM0.6555Y0.847-0.192
5Y0.84710Y0.683+0.164

1.4. Solvency of Terna Rete Elettrica Nazionale.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Terna to Utilities - Regulated Electric industry mean.
  • A Debt to Asset Ratio of 0.69 means that Terna assets are financed with 69.0% credit (debt) and the remaining percentage (100% - 69.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 0.690. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.720. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.690TTM0.720-0.030
TTM0.720YOY0.737-0.017
TTM0.7205Y0.748-0.027
5Y0.74810Y0.723+0.025
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Terna to the Utilities - Regulated Electric industry mean.
  • A Debt to Equity ratio of 223.6% means that company has $2.24 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Terna Rete Elettrica Nazionale:

  • The MRQ is 2.236. The company is just not able to pay all its debts with equity.
  • The TTM is 2.647. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.236TTM2.647-0.410
TTM2.647YOY2.993-0.346
TTM2.6475Y3.062-0.415
5Y3.06210Y3.009+0.052

2. Market Valuation of Terna Rete Elettrica Nazionale

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 Terna generates.

  • Above 15 is considered overpriced but always compare Terna to the Utilities - Regulated Electric industry mean.
  • A PE ratio of 15.19 means the investor is paying $15.19 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Terna Rete Elettrica Nazionale:

  • The EOD is 16.640. Based on the earnings, the company is fair priced.
  • The MRQ is 15.191. Based on the earnings, the company is fair priced.
  • The TTM is 25.144. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD16.640MRQ15.191+1.449
MRQ15.191TTM25.144-9.954
TTM25.144YOY35.661-10.516
TTM25.1445Y31.910-6.765
5Y31.91010Y33.425-1.515
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Terna Rete Elettrica Nazionale:

  • The EOD is -111.726. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -101.995. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 817.487. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-111.726MRQ-101.995-9.731
MRQ-101.995TTM817.487-919.482
TTM817.487YOY7.782+809.705
TTM817.4875Y193.040+624.447
5Y193.04010Y103.511+89.529
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A PB ratio of 2.20 means the investor is paying $2.20 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Terna Rete Elettrica Nazionale:

  • The EOD is 2.412. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.202. Based on the equity, the company is underpriced. +1
  • The TTM is 3.744. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.412MRQ2.202+0.210
MRQ2.202TTM3.744-1.541
TTM3.744YOY5.677-1.933
TTM3.7445Y5.410-1.667
5Y5.41010Y4.839+0.571
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Terna Rete Elettrica Nazionale 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--0.3460.092+277%0.593-42%0.186+86%0.128+170%
Book Value Per Share--10.2818.333+23%6.223+65%5.727+80%5.784+78%
Current Ratio--0.5230.630-17%0.698-25%0.751-30%0.690-24%
Debt To Asset Ratio--0.6900.720-4%0.737-6%0.748-8%0.723-4%
Debt To Equity Ratio--2.2362.647-15%2.993-25%3.062-27%3.009-26%
Dividend Per Share--0.0260.210-88%0.235-89%0.210-88%0.192-87%
Eps--0.3730.292+28%0.210+78%0.223+67%0.216+72%
Free Cash Flow Per Share---0.055-0.177+219%0.203-127%0.017-419%0.128-143%
Free Cash Flow To Equity Per Share---1.688-0.459-73%0.928-282%0.085-2075%0.208-911%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--4.266--------
Intrinsic Value_10Y_min---19.246--------
Intrinsic Value_1Y_max--0.500--------
Intrinsic Value_1Y_min---0.331--------
Intrinsic Value_3Y_max--1.448--------
Intrinsic Value_3Y_min---2.385--------
Intrinsic Value_5Y_max--2.328--------
Intrinsic Value_5Y_min---5.945--------
Market Cap16581106995.200+9%15136946063.36023254408000.975-35%31375569469.695-52%27277537745.411-45%22057682798.409-31%
Net Profit Margin--0.3020.289+5%0.300+1%0.310-2%0.310-2%
Operating Margin--0.4470.457-2%0.445+0%0.467-4%0.495-10%
Operating Ratio--0.5530.568-3%0.5550%0.535+3%0.516+7%
Pb Ratio2.412+9%2.2023.744-41%5.677-61%5.410-59%4.839-54%
Pe Ratio16.640+9%15.19125.144-40%35.661-57%31.910-52%33.425-55%
Price Per Share24.800+9%22.64023.735-5%23.028-2%21.574+5%18.578+22%
Price To Free Cash Flow Ratio-111.726-10%-101.995817.487-112%7.782-1411%193.040-153%103.511-199%
Price To Total Gains Ratio66.774+9%60.95933.388+83%-0.637+101%6.407+851%-7.151+112%
Quick Ratio--0.5570.655-15%0.736-24%0.847-34%0.683-19%
Return On Assets--0.0110.013-11%0.014-18%0.015-23%0.014-21%
Return On Equity--0.0360.048-24%0.058-37%0.061-41%0.059-39%
Total Gains Per Share--0.3710.302+23%0.828-55%0.396-6%0.321+16%
Usd Book Value--6873770820.0006518161945.000+5%5920360440.000+16%5291086873.500+30%4985100986.000+38%
Usd Book Value Change Per Share--0.3460.092+277%0.593-42%0.186+86%0.128+170%
Usd Book Value Per Share--10.2818.333+23%6.223+65%5.727+80%5.784+78%
Usd Dividend Per Share--0.0260.210-88%0.235-89%0.210-88%0.192-87%
Usd Eps--0.3730.292+28%0.210+78%0.223+67%0.216+72%
Usd Free Cash Flow---37102310.000-117716002.500+217%127883982.500-129%2147174.500-1828%114779187.000-132%
Usd Free Cash Flow Per Share---0.055-0.177+219%0.203-127%0.017-419%0.128-143%
Usd Free Cash Flow To Equity Per Share---1.688-0.459-73%0.928-282%0.085-2075%0.208-911%
Usd Market Cap16581106995.200+9%15136946063.36023254408000.975-35%31375569469.695-52%27277537745.411-45%22057682798.409-31%
Usd Price Per Share24.800+9%22.64023.735-5%23.028-2%21.574+5%18.578+22%
Usd Profit--249115510.000297629755.000-16%320047987.500-22%307970807.000-19%265319376.000-6%
Usd Revenue--824039060.0001032131097.500-20%1056496390.000-22%997024524.000-17%860219220.750-4%
Usd Total Gains Per Share--0.3710.302+23%0.828-55%0.396-6%0.321+16%
 EOD+5 -3MRQTTM+21 -14YOY+15 -205Y+14 -2110Y+16 -19

3.2. Fundamental Score

Let's check the fundamental score of Terna Rete Elettrica Nazionale based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.640
Price to Book Ratio (EOD)Between0-12.412
Net Profit Margin (MRQ)Greater than00.302
Operating Margin (MRQ)Greater than00.447
Quick Ratio (MRQ)Greater than10.557
Current Ratio (MRQ)Greater than10.523
Debt to Asset Ratio (MRQ)Less than10.690
Debt to Equity Ratio (MRQ)Less than12.236
Return on Equity (MRQ)Greater than0.150.036
Return on Assets (MRQ)Greater than0.050.011
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Terna Rete Elettrica Nazionale based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.067
Ma 20Greater thanMa 5024.646
Ma 50Greater thanMa 10024.523
Ma 100Greater thanMa 20024.492
OpenGreater thanClose24.858
Total5/5 (100.0%)



Latest Balance Sheet

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

Summary
Total Assets20,527,900
Total Liabilities14,173,300
Total Stockholder Equity6,337,300
 As reported
Total Liabilities 14,173,300
Total Stockholder Equity+ 6,337,300
Total Assets = 20,527,900

Assets

Total Assets20,527,900
Total Current Assets2,205,100
Long-term Assets18,322,800
Total Current Assets
Cash And Cash Equivalents 911,700
Short-term Investments 220,500
Net Receivables 992,400
Total Current Assets  (as reported)2,205,100
Total Current Assets  (calculated)2,124,600
+/- 80,500
Long-term Assets
Property Plant Equipment 17,012,200
Long-term Assets Other 220,500
Long-term Assets  (as reported)18,322,800
Long-term Assets  (calculated)17,232,700
+/- 1,090,100

Liabilities & Shareholders' Equity

Total Current Liabilities4,213,600
Long-term Liabilities9,959,700
Total Stockholder Equity6,337,300
Total Current Liabilities
Short-term Debt 570,100
Short Long Term Debt 570,100
Accounts payable 2,058,400
Other Current Liabilities 1,283,900
Total Current Liabilities  (as reported)4,213,600
Total Current Liabilities  (calculated)4,482,500
+/- 268,900
Long-term Liabilities
Long term Debt 9,720,500
Long-term Liabilities  (as reported)9,959,700
Long-term Liabilities  (calculated)9,720,500
+/- 239,200
Total Stockholder Equity
Total Stockholder Equity (as reported)6,337,300
Total Stockholder Equity (calculated)0
+/- 6,337,300
Other
Cash and Short Term Investments 1,132,200
Common Stock Shares Outstanding 668,593
Current Deferred Revenue301,200
Liabilities and Stockholders Equity 20,527,900
Net Debt 9,378,900
Net Invested Capital 16,627,900
Net Working Capital -2,008,500
Short Long Term Debt Total 10,290,600



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
9,319,700
9,374,500
10,041,900
10,658,700
10,774,600
11,799,500
11,552,100
12,563,800
12,686,700
13,992,400
13,812,700
14,476,200
15,149,000
14,864,000
14,730,000
11,088,200
14,735,100
11,394,700
15,257,900
0
15,059,200
11,999,900
15,296,600
12,217,400
15,457,100
13,216,800
15,716,900
13,324,800
16,024,000
13,516,300
15,526,300
13,484,500
16,916,800
15,138,400
16,120,300
15,724,800
17,156,000
15,346,600
17,751,100
17,056,300
18,003,700
16,730,700
18,594,400
18,374,100
20,630,300
18,198,500
20,081,200
19,118,500
22,390,400
19,078,200
23,333,200
19,819,900
22,830,500
20,673,500
22,536,000
20,527,900
20,527,90022,536,00020,673,50022,830,50019,819,90023,333,20019,078,20022,390,40019,118,50020,081,20018,198,50020,630,30018,374,10018,594,40016,730,70018,003,70017,056,30017,751,10015,346,60017,156,00015,724,80016,120,30015,138,40016,916,80013,484,50015,526,30013,516,30016,024,00013,324,80015,716,90013,216,80015,457,10012,217,40015,296,60011,999,90015,059,200015,257,90011,394,70014,735,10011,088,20014,730,00014,864,00015,149,00014,476,20013,812,70013,992,40012,686,70012,563,80011,552,10011,799,50010,774,60010,658,70010,041,9009,374,5009,319,700000
   > Total Current Assets 
0
0
0
1,727,900
1,595,100
1,966,100
2,160,000
2,270,700
3,163,200
2,668,200
3,188,500
3,001,800
4,137,600
3,671,100
4,151,700
4,500,300
4,161,000
3,943,500
751,000
3,543,500
679,800
3,740,000
18,500
2,952,000
631,700
3,119,200
600,400
2,077,000
529,400
2,551,900
492,600
2,702,600
554,500
2,153,200
320,900
3,446,100
1,631,400
2,523,000
2,045,800
3,069,100
1,234,800
3,457,700
2,733,600
2,986,200
1,793,800
3,392,700
3,199,200
4,778,400
2,484,700
3,935,900
3,043,000
5,482,600
2,554,200
5,964,500
2,841,600
5,050,400
3,080,900
4,412,700
2,205,100
2,205,1004,412,7003,080,9005,050,4002,841,6005,964,5002,554,2005,482,6003,043,0003,935,9002,484,7004,778,4003,199,2003,392,7001,793,8002,986,2002,733,6003,457,7001,234,8003,069,1002,045,8002,523,0001,631,4003,446,100320,9002,153,200554,5002,702,600492,6002,551,900529,4002,077,000600,4003,119,200631,7002,952,00018,5003,740,000679,8003,543,500751,0003,943,5004,161,0004,500,3004,151,7003,671,1004,137,6003,001,8003,188,5002,668,2003,163,2002,270,7002,160,0001,966,1001,595,1001,727,900000
       Cash And Cash Equivalents 
0
0
0
100
10,700
100
190,900
150,100
1,717,300
279,000
713,300
1,114,900
2,360,000
712,900
2,067,300
2,510,100
2,413,000
1,727,600
0
1,617,100
0
1,674,600
0
1,217,300
0
1,534,300
0
431,600
0
294,800
0
1,135,700
731,700
404,400
1,923,700
1,989,200
1,323,700
1,065,900
2,045,800
1,328,900
918,300
1,209,200
1,902,400
1,057,400
953,200
1,229,100
2,385,900
2,689,000
1,624,500
1,474,400
1,608,400
1,566,800
1,921,400
1,685,000
1,703,600
2,155,100
1,817,500
2,360,100
911,700
911,7002,360,1001,817,5002,155,1001,703,6001,685,0001,921,4001,566,8001,608,4001,474,4001,624,5002,689,0002,385,9001,229,100953,2001,057,4001,902,4001,209,200918,3001,328,9002,045,8001,065,9001,323,7001,989,2001,923,700404,400731,7001,135,7000294,8000431,60001,534,30001,217,30001,674,60001,617,10001,727,6002,413,0002,510,1002,067,300712,9002,360,0001,114,900713,300279,0001,717,300150,100190,90010010,700100000
       Short-term Investments 
0
0
0
501,000
501,400
501,900
350,900
500
1,300
752,300
604,800
155,500
5,700
1,051,400
6,500
21,300
33,000
40,500
0
15,800
0
10,200
0
3,000
0
3,200
0
2,800
0
100
0
100
0
200
0
200
0
300
0
402,600
502,800
502,200
501,700
513,300
508,900
511,400
612,200
611,400
625,500
519,500
984,400
980,600
26,600
349,800
363,300
250,500
344,800
230,900
220,500
220,500230,900344,800250,500363,300349,80026,600980,600984,400519,500625,500611,400612,200511,400508,900513,300501,700502,200502,800402,6000300020002000100010002,80003,20003,000010,200015,800040,50033,00021,3006,5001,051,4005,700155,500604,800752,3001,300500350,900501,900501,400501,000000
       Net Receivables 
0
0
0
1,187,500
1,040,600
1,421,000
1,564,100
2,088,400
1,410,700
1,507,300
1,828,400
1,694,600
1,737,300
1,867,300
2,044,000
1,951,400
1,675,000
2,122,100
0
1,721,100
0
2,004,700
0
1,685,900
0
1,521,700
0
1,590,300
0
2,112,600
0
1,443,300
499,600
1,602,600
320,900
1,265,900
378,521
1,320,600
309,300
1,167,000
316,500
1,582,800
329,500
1,290,700
331,700
1,461,200
201,100
1,245,200
234,700
1,797,200
450,200
2,837,500
472,300
3,796,700
565,600
2,525,100
853,500
1,592,400
992,400
992,4001,592,400853,5002,525,100565,6003,796,700472,3002,837,500450,2001,797,200234,7001,245,200201,1001,461,200331,7001,290,700329,5001,582,800316,5001,167,000309,3001,320,600378,5211,265,900320,9001,602,600499,6001,443,30002,112,60001,590,30001,521,70001,685,90002,004,70001,721,10002,122,1001,675,0001,951,4002,044,0001,867,3001,737,3001,694,6001,828,4001,507,3001,410,7002,088,4001,564,1001,421,0001,040,6001,187,500000
       Other Current Assets 
0
0
0
27,600
31,700
32,200
43,000
20,300
22,200
30,400
25,200
20,500
27,500
32,200
26,400
10,900
33,000
46,100
28,800
181,500
66,300
32,500
0
24,200
22,200
33,700
21,000
39,900
46,200
131,400
23,700
113,300
44,600
130,800
320,900
176,000
307,700
119,800
0
107,200
316,500
92,400
329,500
73,900
331,700
114,600
201,100
166,400
234,700
55,700
450,200
16,800
606,200
28,500
774,700
27,500
0
52,100
0
052,100027,500774,70028,500606,20016,800450,20055,700234,700166,400201,100114,600331,70073,900329,50092,400316,500107,2000119,800307,700176,000320,900130,80044,600113,30023,700131,40046,20039,90021,00033,70022,20024,200032,50066,300181,50028,80046,10033,00010,90026,40032,20027,50020,50025,20030,40022,20020,30043,00032,20031,70027,600000
   > Long-term Assets 
0
0
0
7,591,800
7,779,400
8,075,800
8,498,700
8,503,900
8,636,300
8,883,900
9,375,300
9,684,900
9,854,800
10,141,600
10,324,500
10,648,700
10,703,000
10,188,300
10,337,200
10,656,700
10,714,900
11,517,900
10,991,500
12,107,200
11,368,200
12,177,200
11,617,000
13,380,100
12,687,400
12,768,800
12,832,200
12,960,200
12,961,800
13,040,300
13,163,600
13,336,500
13,507,000
13,418,700
13,679,000
13,839,900
14,111,800
13,934,000
14,322,700
14,486,400
14,936,900
14,648,000
15,174,900
15,237,300
15,713,800
16,145,300
16,075,500
16,907,800
16,524,000
17,368,700
16,978,300
17,780,100
17,592,600
18,123,300
18,322,800
18,322,80018,123,30017,592,60017,780,10016,978,30017,368,70016,524,00016,907,80016,075,50016,145,30015,713,80015,237,30015,174,90014,648,00014,936,90014,486,40014,322,70013,934,00014,111,80013,839,90013,679,00013,418,70013,507,00013,336,50013,163,60013,040,30012,961,80012,960,20012,832,20012,768,80012,687,40013,380,10011,617,00012,177,20011,368,20012,107,20010,991,50011,517,90010,714,90010,656,70010,337,20010,188,30010,703,00010,648,70010,324,50010,141,6009,854,8009,684,9009,375,3008,883,9008,636,3008,503,9008,498,7008,075,8007,779,4007,591,800000
       Property Plant Equipment 
0
0
0
7,075,300
6,996,900
7,299,300
7,650,200
7,802,600
7,979,600
8,153,000
8,356,700
8,618,200
8,766,800
8,965,300
9,075,900
9,342,000
9,448,000
9,650,300
9,795,500
10,119,900
10,176,600
10,287,100
10,457,800
10,778,600
10,834,600
10,982,900
11,093,300
12,078,700
12,082,100
12,171,300
12,224,900
12,368,900
12,363,100
12,458,600
12,528,200
12,752,800
12,769,800
12,839,900
12,909,700
13,244,300
13,267,500
13,348,300
13,456,500
13,864,200
13,922,200
14,002,700
14,146,900
14,559,700
14,633,600
14,824,600
14,935,500
15,316,600
15,421,900
15,553,200
15,729,100
16,200,900
16,298,900
16,623,300
17,012,200
17,012,20016,623,30016,298,90016,200,90015,729,10015,553,20015,421,90015,316,60014,935,50014,824,60014,633,60014,559,70014,146,90014,002,70013,922,20013,864,20013,456,50013,348,30013,267,50013,244,30012,909,70012,839,90012,769,80012,752,80012,528,20012,458,60012,363,10012,368,90012,224,90012,171,30012,082,10012,078,70011,093,30010,982,90010,834,60010,778,60010,457,80010,287,10010,176,60010,119,9009,795,5009,650,3009,448,0009,342,0009,075,9008,965,3008,766,8008,618,2008,356,7008,153,0007,979,6007,802,6007,650,2007,299,3006,996,9007,075,300000
       Goodwill 
0
0
0
190,200
190,200
190,200
191,500
190,200
190,200
190,700
190,200
190,200
190,200
190,200
0
190,200
190,000
190,200
0
190,200
0
190,200
0
190,200
0
190,200
0
224,300
0
234,300
0
230,100
0
230,100
0
230,100
0
230,100
0
230,100
0
230,100
0
230,100
0
230,100
0
230,100
0
230,100
0
256,500
0
256,500
0
251,500
0
252,300
0
0252,3000251,5000256,5000256,5000230,1000230,1000230,1000230,1000230,1000230,1000230,1000230,1000230,1000230,1000234,3000224,3000190,2000190,2000190,2000190,2000190,200190,000190,2000190,200190,200190,200190,200190,700190,200190,200191,500190,200190,200190,200000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
75,300
113,300
11,385
138,600
78,000
283,553
78,300
271,900
76,200
333,300
78,400
345,300
501,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000501,600345,30078,400333,30076,200271,90078,300283,55378,000138,60011,385113,30075,3000000000000000000000000000000000
       Intangible Assets 
0
0
0
182,000
369,100
270,500
270,500
280,400
275,200
276,200
277,300
280,700
275,200
273,400
0
280,200
274,000
272,600
458,300
271,600
454,000
264,400
0
262,300
442,900
246,200
432,500
295,800
514,400
284,600
514,200
285,900
508,200
274,400
496,800
275,600
506,700
270,400
497,400
289,300
511,000
277,200
520,900
312,600
0
311,500
0
347,800
0
582,400
0
656,500
0
700,900
0
775,800
0
538,900
0
0538,9000775,8000700,9000656,5000582,4000347,8000311,5000312,600520,900277,200511,000289,300497,400270,400506,700275,600496,800274,400508,200285,900514,200284,600514,400295,800432,500246,200442,900262,3000264,400454,000271,600458,300272,600274,000280,2000273,400275,200280,700277,300276,200275,200280,400270,500270,500369,100182,000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
598,200
0
534,900
0
0
0
0
0
200
0
0
0
396,200
0
361,200
297,600
332,800
298,100
134,200
0
178,600
0
247,000
0
359,400
0
531,100
0
553,700
0
614,600
503,400
584,900
540,000
428,500
432,600
511,700
531,100
511,500
0
0
0
000511,500531,100511,700432,600428,500540,000584,900503,400614,6000553,7000531,1000359,4000247,0000178,6000134,200298,100332,800297,600361,2000396,20000020000000534,9000598,20000000000000000000
> Total Liabilities 
0
0
0
6,818,200
6,763,400
7,535,100
8,004,300
8,013,800
8,858,400
8,716,400
9,794,700
9,935,700
11,129,700
11,117,400
11,653,400
12,354,700
11,921,000
11,908,300
7,895,900
11,794,500
8,160,500
12,297,600
1,926,600
11,966,300
2,089,800
12,132,500
8,763,000
12,111,300
9,597,200
12,328,500
9,777,300
12,468,800
9,778,600
11,886,000
9,672,000
13,087,800
11,129,500
12,245,600
11,658,200
13,101,800
11,148,700
13,750,500
12,928,900
13,771,800
12,359,600
14,386,500
13,997,000
16,214,500
13,566,500
15,528,300
14,454,400
17,602,800
13,066,000
18,368,200
13,691,900
17,581,000
14,316,200
16,394,000
14,173,300
14,173,30016,394,00014,316,20017,581,00013,691,90018,368,20013,066,00017,602,80014,454,40015,528,30013,566,50016,214,50013,997,00014,386,50012,359,60013,771,80012,928,90013,750,50011,148,70013,101,80011,658,20012,245,60011,129,50013,087,8009,672,00011,886,0009,778,60012,468,8009,777,30012,328,5009,597,20012,111,3008,763,00012,132,5002,089,80011,966,3001,926,60012,297,6008,160,50011,794,5007,895,90011,908,30011,921,00012,354,70011,653,40011,117,40011,129,7009,935,7009,794,7008,716,4008,858,4008,013,8008,004,3007,535,1006,763,4006,818,200000
   > Total Current Liabilities 
0
0
0
1,746,500
1,552,700
1,924,900
2,149,000
2,053,200
2,524,100
1,858,300
2,224,700
2,383,700
2,322,500
2,244,800
2,725,400
2,694,600
2,347,000
2,510,000
1,112,800
3,119,000
1,086,700
2,964,900
963,300
3,281,600
1,660,200
2,680,900
1,803,500
3,085,300
1,548,500
4,007,000
1,617,900
3,546,100
1,958,700
3,676,600
1,962,300
3,798,900
2,553,900
3,414,400
2,780,000
4,130,400
2,227,100
3,819,700
2,068,900
3,021,600
2,435,900
4,764,400
4,176,700
5,030,700
4,205,900
4,735,200
4,967,700
7,389,900
3,885,400
6,759,600
5,561,800
6,799,700
6,117,900
5,878,900
4,213,600
4,213,6005,878,9006,117,9006,799,7005,561,8006,759,6003,885,4007,389,9004,967,7004,735,2004,205,9005,030,7004,176,7004,764,4002,435,9003,021,6002,068,9003,819,7002,227,1004,130,4002,780,0003,414,4002,553,9003,798,9001,962,3003,676,6001,958,7003,546,1001,617,9004,007,0001,548,5003,085,3001,803,5002,680,9001,660,2003,281,600963,3002,964,9001,086,7003,119,0001,112,8002,510,0002,347,0002,694,6002,725,4002,244,8002,322,5002,383,7002,224,7001,858,3002,524,1002,053,2002,149,0001,924,9001,552,7001,746,500000
       Short-term Debt 
0
0
0
40,000
0
153,000
0
73,100
809,700
59,700
59,700
59,700
59,700
59,700
134,000
194,300
79,000
79,000
0
836,500
0
702,900
0
899,400
0
228,500
0
663,500
0
1,067,200
0
1,050,300
8,473,700
999,300
884,100
1,106,200
662,400
743,500
651,900
1,342,900
136,400
749,100
8,249,500
151,500
125,300
2,069,100
2,061,600
2,390,200
2,285,000
1,941,500
2,705,700
3,587,000
1,463,300
1,725,900
2,583,300
2,353,400
2,819,500
2,650,000
570,100
570,1002,650,0002,819,5002,353,4002,583,3001,725,9001,463,3003,587,0002,705,7001,941,5002,285,0002,390,2002,061,6002,069,100125,300151,5008,249,500749,100136,4001,342,900651,900743,500662,4001,106,200884,100999,3008,473,7001,050,30001,067,2000663,5000228,5000899,4000702,9000836,500079,00079,000194,300134,00059,70059,70059,70059,70059,700809,70073,1000153,000040,000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,341,800
8,473,700
1,277,249
884,100
882,300
780,416
621,900
623,900
1,228,200
136,400
853,800
8,249,500
236,200
125,300
2,152,200
2,061,600
2,390,200
2,285,000
2,012,100
2,705,700
3,627,900
1,463,300
1,793,100
2,583,300
2,396,900
2,819,500
2,650,000
570,100
570,1002,650,0002,819,5002,396,9002,583,3001,793,1001,463,3003,627,9002,705,7002,012,1002,285,0002,390,2002,061,6002,152,200125,300236,2008,249,500853,800136,4001,228,200623,900621,900780,416882,300884,1001,277,2498,473,7009,341,8000000000000000000000000000000000
       Accounts payable 
0
0
0
1,482,000
1,213,600
1,415,400
1,694,000
1,542,200
1,341,100
1,469,100
1,662,700
2,029,800
1,795,000
1,890,100
2,202,900
2,292,100
1,776,000
2,078,600
732,800
2,058,900
726,800
1,903,700
963,300
2,103,800
1,307,000
2,137,300
1,513,300
2,170,100
1,202,900
2,572,900
1,030,600
2,271,600
1,408,000
2,328,900
1,466,400
2,491,900
1,446,600
2,413,300
1,501,500
2,505,200
1,416,300
2,490,100
1,402,100
2,422,300
1,250,400
2,220,700
954,500
2,205,000
793,600
2,280,500
1,010,600
3,275,600
986,700
4,352,100
1,472,700
3,687,700
1,826,700
2,522,400
2,058,400
2,058,4002,522,4001,826,7003,687,7001,472,7004,352,100986,7003,275,6001,010,6002,280,500793,6002,205,000954,5002,220,7001,250,4002,422,3001,402,1002,490,1001,416,3002,505,2001,501,5002,413,3001,446,6002,491,9001,466,4002,328,9001,408,0002,271,6001,030,6002,572,9001,202,9002,170,1001,513,3002,137,3001,307,0002,103,800963,3001,903,700726,8002,058,900732,8002,078,6001,776,0002,292,1002,202,9001,890,1001,795,0002,029,8001,662,7001,469,1001,341,1001,542,2001,694,0001,415,4001,213,6001,482,000000
       Other Current Liabilities 
0
0
0
95,300
339,100
140,100
455,000
135,700
188,800
148,200
120,600
137,600
196,200
179,800
199,800
39,400
232,000
431,400
380,000
1,060,100
359,900
19,300
-963,300
83,800
353,200
79,900
290,200
59,000
345,600
1,434,100
587,300
1,274,500
550,700
1,347,700
495,900
1,307,000
384,600
1,001,100
446,600
1,625,200
583,600
519,400
575,800
380,900
1,007,100
410,400
967,000
375,800
987,700
447,300
1,033,000
416,100
1,435,400
559,500
1,505,800
577,500
1,471,700
180,200
1,283,900
1,283,900180,2001,471,700577,5001,505,800559,5001,435,400416,1001,033,000447,300987,700375,800967,000410,4001,007,100380,900575,800519,400583,6001,625,200446,6001,001,100384,6001,307,000495,9001,347,700550,7001,274,500587,3001,434,100345,60059,000290,20079,900353,20083,800-963,30019,300359,9001,060,100380,000431,400232,00039,400199,800179,800196,200137,600120,600148,200188,800135,700455,000140,100339,10095,300000
   > Long-term Liabilities 
0
0
0
5,071,700
5,210,700
5,610,200
5,855,300
5,960,600
6,334,300
6,858,100
7,570,000
7,552,000
8,807,200
8,872,600
8,928,000
9,660,100
9,574,000
8,813,800
6,783,100
8,089,900
7,073,800
9,332,700
963,300
8,684,700
429,600
9,451,600
6,959,500
9,026,000
8,048,700
7,810,900
8,159,400
8,417,200
7,819,900
7,694,000
7,709,700
8,682,100
8,575,600
8,218,800
8,878,200
8,284,400
8,921,600
9,180,200
10,860,000
9,616,100
9,923,700
8,512,500
9,820,300
10,077,100
9,360,600
10,793,100
9,486,700
10,212,900
9,180,600
11,608,600
8,130,100
10,781,300
8,198,300
10,515,100
9,959,700
9,959,70010,515,1008,198,30010,781,3008,130,10011,608,6009,180,60010,212,9009,486,70010,793,1009,360,60010,077,1009,820,3008,512,5009,923,7009,616,10010,860,0009,180,2008,921,6008,284,4008,878,2008,218,8008,575,6008,682,1007,709,7007,694,0007,819,9008,417,2008,159,4007,810,9008,048,7009,026,0006,959,5009,451,600429,6008,684,700963,3009,332,7007,073,8008,089,9006,783,1008,813,8009,574,0009,660,1008,928,0008,872,6008,807,2007,552,0007,570,0006,858,1006,334,3005,960,6005,855,3005,610,2005,210,7005,071,700000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
522,700
375,100
75,536
346,800
606,800
424,899
611,000
318,200
684,600
278,500
728,400
206,400
1,109,100
178,400
1,089,100
140,600
1,069,800
106,700
1,041,300
78,200
1,079,800
60,200
1,094,600
54,000
1,160,600
0
40,000
0
040,00001,160,60054,0001,094,60060,2001,079,80078,2001,041,300106,7001,069,800140,6001,089,100178,4001,109,100206,400728,400278,500684,600318,200611,000424,899606,800346,80075,536375,100522,7000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
2,501,500
2,611,100
2,506,800
2,654,400
2,760,600
2,941,100
2,835,700
2,769,100
2,751,000
2,862,700
2,695,300
2,822,800
2,794,300
2,943,000
2,821,700
2,975,700
2,940,600
3,093,500
2,960,300
3,110,400
3,092,900
9,785,500
3,164,100
3,311,800
3,320,800
3,469,400
3,365,300
3,524,800
3,535,400
3,718,600
3,621,300
3,794,500
3,803,300
3,977,900
3,842,800
4,033,500
4,019,200
4,162,900
3,963,800
4,090,300
4,190,300
4,329,800
4,166,000
4,333,500
4,369,800
4,593,200
4,435,600
4,639,400
4,681,900
5,980,800
4,859,200
6,094,900
5,153,000
6,331,400
6,124,100
6,337,300
6,337,3006,124,1006,331,4005,153,0006,094,9004,859,2005,980,8004,681,9004,639,4004,435,6004,593,2004,369,8004,333,5004,166,0004,329,8004,190,3004,090,3003,963,8004,162,9004,019,2004,033,5003,842,8003,977,9003,803,3003,794,5003,621,3003,718,6003,535,4003,524,8003,365,3003,469,4003,320,8003,311,8003,164,1009,785,5003,092,9003,110,4002,960,3003,093,5002,940,6002,975,7002,821,7002,943,0002,794,3002,822,8002,695,3002,862,7002,751,0002,769,1002,835,7002,941,1002,760,6002,654,4002,506,8002,611,1002,501,500000
   Common Stock
0
0
0
440,200
440,700
441,000
441,000
441,000
442,100
442,200
442,200
442,200
442,200
442,200
442,200
442,200
442,000
442,200
0
442,200
0
442,200
0
442,200
0
442,200
0
442,200
0
442,200
0
442,200
3,718,600
442,200
3,794,500
442,200
4,893,468
442,200
4,033,500
442,200
4,162,900
442,200
4,090,300
442,200
4,329,800
442,200
4,333,500
442,200
4,593,200
442,200
4,639,400
442,200
5,980,800
442,200
6,094,900
442,200
0
442,200
0
0442,2000442,2006,094,900442,2005,980,800442,2004,639,400442,2004,593,200442,2004,333,500442,2004,329,800442,2004,090,300442,2004,162,900442,2004,033,500442,2004,893,468442,2003,794,500442,2003,718,600442,2000442,2000442,2000442,2000442,2000442,2000442,2000442,200442,000442,200442,200442,200442,200442,200442,200442,200442,100441,000441,000441,000440,700440,200000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
656,000
0
661,700
0
608,200
0
410,500
0
626,300
0
485,500
0
852,400
0
895,700
0
892,400
0
0892,4000895,7000852,4000485,5000626,3000410,5000608,2000661,7000656,00000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
758,700
727,700
1,003,600
1,151,300
807,000
1,259,700
1,142,800
1,076,200
606,100
1,171,400
750,900
744,800
608,200
615,000
685,500
2,975,700
695,200
3,093,500
790,100
3,110,400
652,800
9,785,500
815,900
3,311,800
686,700
3,469,400
720,400
3,524,800
726,900
3,718,600
732,500
3,794,500
732,000
3,977,900
718,100
4,033,500
700,100
4,162,900
-68,400
4,090,300
-68,400
4,329,800
-68,900
4,333,500
114,300
4,593,200
20,000
4,639,400
500
0
-9,500
6,094,900
-9,500
0
982,100
0
0982,1000-9,5006,094,900-9,50005004,639,40020,0004,593,200114,3004,333,500-68,9004,329,800-68,4004,090,300-68,4004,162,900700,1004,033,500718,1003,977,900732,0003,794,500732,5003,718,600726,9003,524,800720,4003,469,400686,7003,311,800815,9009,785,500652,8003,110,400790,1003,093,500695,2002,975,700685,500615,000608,200744,800750,9001,171,400606,1001,076,2001,142,8001,259,700807,0001,151,3001,003,600727,700758,700000



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 (+$)
totalRevenue3,159,800
Cost of Revenue-600,400
Gross Profit2,559,4002,559,400
 
Operating Income (+$)
Gross Profit2,559,400
Operating Expense-1,783,500
Operating Income1,376,300775,900
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense1,783,5000
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-132,100
Net Interest Income-132,100
 
Pretax Income (+$)
Operating Income1,376,300
Net Interest Income-132,100
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,291,9001,376,300
EBIT - interestExpense = 0
911,800
911,800
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-1,291,900
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,291,900
Tax Provision-380,200
Net Income From Continuing Ops911,700911,700
Net Income911,800
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-132,100
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Terna Rete Elettrica Nazionale.

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

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

The bullish price targets are: 25.67 < 25.99.

The bearish price targets are: 24.81 > 24.54 > 24.22.

Tweet this
Terna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

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

Terna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current macd is 0.21299254.

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 Terna price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Terna. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Terna price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Terna Rete Elettrica Nazionale Daily Moving Average Convergence/Divergence (MACD) ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current adx is 12.15.

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 Terna 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.
Terna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current sar is 25.67.

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
Terna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current rsi is 52.07. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Terna Rete Elettrica Nazionale Daily Relative Strength Index (RSI) ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Terna price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Terna Rete Elettrica Nazionale Daily Stochastic Oscillator ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current cci is 29.99.

Terna Rete Elettrica Nazionale Daily Commodity Channel Index (CCI) ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current cmo is 0.52325395.

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
Terna Rete Elettrica Nazionale Daily Chande Momentum Oscillator (CMO) ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current willr is -60.

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 Terna is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Terna Rete Elettrica Nazionale Daily Williams %R ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale.

Terna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current atr is 0.35461021.

Terna Rete Elettrica Nazionale Daily Average True Range (ATR) ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current obv is -859,848.

Terna Rete Elettrica Nazionale Daily On-Balance Volume (OBV) ChartTerna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale. The current mfi is 58.20.

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
Terna Rete Elettrica Nazionale Daily Money Flow Index (MFI) ChartTerna Rete Elettrica Nazionale Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Terna Rete Elettrica Nazionale.

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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH 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).
2023-11-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22SAR 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03DMI 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
2024-01-04DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28DMI 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

6.3. Candlestick Patterns

Terna Rete Elettrica Nazionale Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Terna Rete Elettrica Nazionale based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.067
Ma 20Greater thanMa 5024.646
Ma 50Greater thanMa 10024.523
Ma 100Greater thanMa 20024.492
OpenGreater thanClose24.858
Total5/5 (100.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Terna with someone you think should read this too:
  • Are you bullish or bearish on Terna? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Terna? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Terna Rete Elettrica Nazionale

I send you an email if I find something interesting about Terna Rete Elettrica Nazionale.


Comments

How you think about this?

Leave a comment

Stay informed about Terna Rete Elettrica Nazionale.

Receive notifications about Terna Rete Elettrica Nazionale in your mailbox!