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Timah Resources Ltd
Buy, Hold or Sell?

Let's analyse Timah Resources Ltd together

PenkeI guess you are interested in Timah Resources Ltd. 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 Timah Resources Ltd. 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 Timah Resources Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.08
Expected worth in 1 year
A$0.04
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
A$-0.04
Return On Investment
-94.1%

For what price can you sell your share?

Current Price per Share
A$0.04
Expected price per share
A$0.042 - A$0.0552
How sure are you?
50%
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1. Valuation of Timah Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.04

Intrinsic Value Per Share

A$0.05 - A$0.28

Total Value Per Share

A$0.13 - A$0.36

2. Growth of Timah Resources Ltd (5 min.)




Is Timah Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$4.8m$5.4m-$516.1k-10.5%

How much money is Timah Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$467k$74.8k-$541.9k-116.0%
Net Profit Margin-24.8%3.9%--

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

3. Financial Health of Timah Resources Ltd (5 min.)




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

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

What can you expect buying and holding a share of Timah Resources Ltd?

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

Speculation

The Price per Share of Timah Resources Ltd is A$0.042. 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 Timah Resources Ltd.
  • 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 Timah Resources Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.08. Based on the TTM, the Book Value Change Per Share is A$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Timah Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-12.1%-0.01-12.1%0.002.0%0.001.8%0.00-7.6%
Usd Book Value Change Per Share-0.01-15.4%-0.01-15.4%0.002.4%0.008.5%0.0112.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-15.4%-0.01-15.4%0.002.4%0.008.5%0.0112.7%
Usd Price Per Share0.05-0.05-0.05-0.04-0.04-
Price to Earnings Ratio-9.13--9.13-56.97-16.54--15.86-
Price-to-Total Gains Ratio-7.18--7.18-46.94-18.81-83.42-
Price to Book Ratio0.87-0.87-0.79-0.76-1.01-
Price-to-Total Gains Ratio-7.18--7.18-46.94-18.81-83.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.027552
Number of shares36295
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.00
Usd Total Gains Per Share-0.010.00
Gains per Quarter (36295 shares)-235.31129.45
Gains per Year (36295 shares)-941.24517.79
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-941-9510518508
20-1882-1892010361026
30-2824-2833015531544
40-3765-3774020712062
50-4706-4715025892580
60-5647-5656031073098
70-6589-6597036253616
80-7530-7538041424134
90-8471-8479046604652
100-9412-9420051785170

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%5.05.00.050.0%5.05.00.050.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%
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Fundamentals of Timah Resources Ltd

About Timah Resources Ltd

Timah Resources Limited, through its subsidiary, Mistral Engineering Sdn Bhd., generates renewable energy in Australia and Malaysia. It owns and operates a biogas power plant with approximately 4.0 megawatts situated in Sabah, Malaysia. The company was incorporated in 2007 and is based in North Sydney, Australia. Timah Resources Limited is a subsidiary of Cash Nexus (M) Sdn. Bhd.

Fundamental data was last updated by Penke on 2024-02-20 16:00:11.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just 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 expensive.
Based on how much money comes from the company's main activities, the company is fair priced.
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1.1. Profitability of Timah Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Timah Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Timah Resources Ltd to the Utilities - Renewable industry mean.
  • A Net Profit Margin of -24.8% means that $-0.25 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Timah Resources Ltd:

  • The MRQ is -24.8%. The company is making a huge loss. -2
  • The TTM is -24.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-24.8%TTM-24.8%0.0%
TTM-24.8%YOY3.9%-28.7%
TTM-24.8%5Y2.2%-27.1%
5Y2.2%10Y-12.0%+14.2%
1.1.2. Return on Assets

Shows how efficient Timah Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Timah Resources Ltd to the Utilities - Renewable industry mean.
  • -3.8% Return on Assets means that Timah Resources Ltd generated $-0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Timah Resources Ltd:

  • The MRQ is -3.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.8%TTM-3.8%0.0%
TTM-3.8%YOY0.6%-4.4%
TTM-3.8%5Y1.2%-5.0%
5Y1.2%10Y-3.4%+4.6%
1.1.3. Return on Equity

Shows how efficient Timah Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Timah Resources Ltd to the Utilities - Renewable industry mean.
  • -9.5% Return on Equity means Timah Resources Ltd generated $-0.10 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Timah Resources Ltd:

  • The MRQ is -9.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -9.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-9.5%TTM-9.5%0.0%
TTM-9.5%YOY1.4%-10.9%
TTM-9.5%5Y2.3%-11.8%
5Y2.3%10Y-11.0%+13.3%
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1.2. Operating Efficiency of Timah Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Timah Resources Ltd is operating .

  • Measures how much profit Timah Resources Ltd 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 Timah Resources Ltd to the Utilities - Renewable industry mean.
  • An Operating Margin of -10.3% means the company generated $-0.10  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Timah Resources Ltd:

  • The MRQ is -10.3%. The company is operating very inefficient. -2
  • The TTM is -10.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-10.3%TTM-10.3%0.0%
TTM-10.3%YOY3.6%-13.8%
TTM-10.3%5Y20.0%-30.3%
5Y20.0%10Y6.6%+13.4%
1.2.2. Operating Ratio

Measures how efficient Timah Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • An Operation Ratio of 1.47 means that the operating costs are $1.47 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Timah Resources Ltd:

  • The MRQ is 1.466. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.466. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.466TTM1.4660.000
TTM1.466YOY1.235+0.232
TTM1.4665Y1.497-0.030
5Y1.49710Y1.546-0.050
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1.3. Liquidity of Timah Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Timah Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A Current Ratio of 24.41 means the company has $24.41 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Timah Resources Ltd:

  • The MRQ is 24.413. The company is very able to pay all its short-term debts. +2
  • The TTM is 24.413. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ24.413TTM24.4130.000
TTM24.413YOY15.169+9.244
TTM24.4135Y10.074+14.339
5Y10.07410Y6.149+3.925
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Timah Resources Ltd to the Utilities - Renewable industry mean.
  • A Quick Ratio of 21.19 means the company can pay off $21.19 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Timah Resources Ltd:

  • The MRQ is 21.190. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 21.190. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ21.190TTM21.1900.000
TTM21.190YOY12.892+8.298
TTM21.1905Y9.851+11.339
5Y9.85110Y6.026+3.825
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1.4. Solvency of Timah Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Timah Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Timah Resources Ltd to Utilities - Renewable industry mean.
  • A Debt to Asset Ratio of 0.60 means that Timah Resources Ltd assets are financed with 60.2% credit (debt) and the remaining percentage (100% - 60.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Timah Resources Ltd:

  • The MRQ is 0.602. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.602. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.602TTM0.6020.000
TTM0.602YOY0.594+0.008
TTM0.6025Y0.618-0.016
5Y0.61810Y0.665-0.047
1.4.2. Debt to Equity Ratio

Measures if Timah Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Timah Resources Ltd to the Utilities - Renewable industry mean.
  • A Debt to Equity ratio of 151.4% means that company has $1.51 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Timah Resources Ltd:

  • The MRQ is 1.514. The company is just able to pay all its debts with equity.
  • The TTM is 1.514. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.514TTM1.5140.000
TTM1.514YOY1.464+0.050
TTM1.5145Y1.764-0.251
5Y1.76410Y2.161-0.397
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2. Market Valuation of Timah Resources Ltd

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 Timah Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Timah Resources Ltd to the Utilities - Renewable industry mean.
  • A PE ratio of -9.13 means the investor is paying $-9.13 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Timah Resources Ltd:

  • The EOD is -5.402. Based on the earnings, the company is expensive. -2
  • The MRQ is -9.132. Based on the earnings, the company is expensive. -2
  • The TTM is -9.132. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.402MRQ-9.132+3.730
MRQ-9.132TTM-9.1320.000
TTM-9.132YOY56.973-66.105
TTM-9.1325Y16.544-25.676
5Y16.54410Y-15.857+32.401
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 18.653. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 31.532. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 31.532. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD18.653MRQ31.532-12.879
MRQ31.532TTM31.5320.000
TTM31.532YOY7.671+23.861
TTM31.5325Y10.191+21.341
5Y10.19110Y1.059+9.132
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A PB ratio of 0.87 means the investor is paying $0.87 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Timah Resources Ltd:

  • The EOD is 0.515. Based on the equity, the company is cheap. +2
  • The MRQ is 0.871. Based on the equity, the company is cheap. +2
  • The TTM is 0.871. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.515MRQ0.871-0.356
MRQ0.871TTM0.8710.000
TTM0.871YOY0.788+0.083
TTM0.8715Y0.757+0.114
5Y0.75710Y1.005-0.248
2. Total Gains per Share

3. Holders & Insider Transactions

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

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Timah Resources Ltd 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---0.010-0.0100%0.002-744%0.005-282%0.008-221%
Book Value Per Share--0.0820.0820%0.091-11%0.079+3%0.060+36%
Current Ratio--24.41324.4130%15.169+61%10.074+142%6.149+297%
Debt To Asset Ratio--0.6020.6020%0.594+1%0.618-3%0.665-9%
Debt To Equity Ratio--1.5141.5140%1.464+3%1.764-14%2.161-30%
Dividend Per Share----0%-0%-0%-0%
Eps---0.008-0.0080%0.001-715%0.001-773%-0.005-37%
Free Cash Flow Per Share--0.0020.0020%0.009-76%0.000+118%-0.004+299%
Free Cash Flow To Equity Per Share---0.006-0.0060%0.000-95%-0.002-71%0.000-188258%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.279--------
Intrinsic Value_10Y_min--0.051--------
Intrinsic Value_1Y_max--0.011--------
Intrinsic Value_1Y_min--0.001--------
Intrinsic Value_3Y_max--0.045--------
Intrinsic Value_3Y_min--0.007--------
Intrinsic Value_5Y_max--0.096--------
Intrinsic Value_5Y_min--0.016--------
Market Cap3727911.600-74%6501833.8046501833.8040%6500331.864+0%5593574.482+16%5906215.506+10%
Net Profit Margin---0.248-0.2480%0.039-744%0.022-1207%-0.120-52%
Operating Margin---0.103-0.1030%0.036-387%0.200-151%0.066-256%
Operating Ratio--1.4661.4660%1.235+19%1.497-2%1.546-5%
Pb Ratio0.515-69%0.8710.8710%0.788+11%0.757+15%1.005-13%
Pe Ratio-5.402+41%-9.132-9.1320%56.973-116%16.544-155%-15.857+74%
Price Per Share0.042-69%0.0710.0710%0.072-1%0.061+16%0.065+9%
Price To Free Cash Flow Ratio18.653-69%31.53231.5320%7.671+311%10.191+209%1.059+2876%
Price To Total Gains Ratio-4.250+41%-7.184-7.1840%46.937-115%18.812-138%83.421-109%
Quick Ratio--21.19021.1900%12.892+64%9.851+115%6.026+252%
Return On Assets---0.038-0.0380%0.006-776%0.012-424%-0.034-10%
Return On Equity---0.095-0.0950%0.014-790%0.023-518%-0.110+16%
Total Gains Per Share---0.010-0.0100%0.002-744%0.005-282%0.008-221%
Usd Book Value--4897399.3694897399.3690%5413586.077-10%4762383.604+3%3607469.672+36%
Usd Book Value Change Per Share---0.006-0.0060%0.001-744%0.004-282%0.005-221%
Usd Book Value Per Share--0.0530.0530%0.060-11%0.052+3%0.039+36%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.005-0.0050%0.001-715%0.001-773%-0.003-37%
Usd Free Cash Flow--135266.269135266.2690%555909.685-76%-25882.561+119%-190907.624+241%
Usd Free Cash Flow Per Share--0.0010.0010%0.006-76%0.000+118%-0.003+299%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%0.000-95%-0.001-71%0.000-188258%
Usd Market Cap2445510.010-74%4265202.9754265202.9750%4264217.703+0%3669384.860+16%3874477.372+10%
Usd Price Per Share0.028-69%0.0470.0470%0.047-1%0.040+16%0.043+9%
Usd Profit---467056.125-467056.1250%74846.058-724%78065.692-698%-278595.842-40%
Usd Revenue--1881186.4571881186.4570%1941398.019-3%1924839.855-2%2221405.400-15%
Usd Total Gains Per Share---0.006-0.0060%0.001-744%0.004-282%0.005-221%
 EOD+4 -4MRQTTM+0 -0YOY+6 -275Y+15 -1810Y+16 -17

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-5.402
Price to Book Ratio (EOD)Between0-10.515
Net Profit Margin (MRQ)Greater than0-0.248
Operating Margin (MRQ)Greater than0-0.103
Quick Ratio (MRQ)Greater than121.190
Current Ratio (MRQ)Greater than124.413
Debt to Asset Ratio (MRQ)Less than10.602
Debt to Equity Ratio (MRQ)Less than11.514
Return on Equity (MRQ)Greater than0.15-0.095
Return on Assets (MRQ)Greater than0.05-0.038
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.316
Ma 20Greater thanMa 500.047
Ma 50Greater thanMa 1000.036
Ma 100Greater thanMa 2000.035
OpenGreater thanClose0.043
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
EBIT  999-237762-7224165106-400-295
Operating Income  287-151136-954165106-400-295



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets58,882
Total Liabilities35,457
Total Stockholder Equity23,425
 As reported
Total Liabilities 35,457
Total Stockholder Equity+ 23,425
Total Assets = 58,882

Assets

Total Assets58,882
Total Current Assets10,278
Long-term Assets48,604
Total Current Assets
Cash And Cash Equivalents 8,069
Net Receivables 852
Inventory 191
Other Current Assets 1,166
Total Current Assets  (as reported)10,278
Total Current Assets  (calculated)10,278
+/- 0
Long-term Assets
Property Plant Equipment 36,591
Other Assets 12,013
Long-term Assets  (as reported)48,604
Long-term Assets  (calculated)48,604
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities421
Long-term Liabilities35,036
Total Stockholder Equity23,425
Total Current Liabilities
Short-term Debt 12
Accounts payable 409
Other Current Liabilities 27
Total Current Liabilities  (as reported)421
Total Current Liabilities  (calculated)448
+/- 27
Long-term Liabilities
Long term Debt Total 27,619
Other Liabilities 7,417
Long-term Liabilities  (as reported)35,036
Long-term Liabilities  (calculated)35,036
+/- 0
Total Stockholder Equity
Common Stock46,890
Retained Earnings -23,374
Accumulated Other Comprehensive Income -91
Total Stockholder Equity (as reported)23,425
Total Stockholder Equity (calculated)23,425
+/-0
Other
Capital Stock46,890
Cash And Equivalents8,069
Cash and Short Term Investments 8,069
Common Stock Shares Outstanding 91,575
Liabilities and Stockholders Equity 58,882
Net Debt 19,562
Net Invested Capital 50,720
Net Tangible Assets 23,425
Net Working Capital 9,857
Property Plant and Equipment Gross 36,591
Short Long Term Debt Total 27,631



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312015-06-302014-12-31
> Total Assets 
10,865
28,001
50,065
63,609
64,416
40,502
80,798
66,791
63,791
58,882
58,88263,79166,79180,79840,50264,41663,60950,06528,00110,865
   > Total Current Assets 
2,284
1,219
9,825
10,545
14,446
3,914
7,908
9,460
10,391
10,278
10,27810,3919,4607,9083,91414,44610,5459,8251,2192,284
       Cash And Cash Equivalents 
2,186
739
8,479
6,738
6,383
5,585
6,074
6,352
6,194
8,069
8,0696,1946,3526,0745,5856,3836,7388,4797392,186
       Short-term Investments 
142
428
0
0
807
482
355
0
0
0
00035548280700428142
       Net Receivables 
38
43
1,316
3,738
7,994
5,731
1,266
2,972
2,637
852
8522,6372,9721,2665,7317,9943,7381,3164338
       Inventory 
10
9
30
69
69
50
213
136
66
191
1916613621350696930910
   > Long-term Assets 
8,581
0
40,240
53,064
49,970
23,899
0
57,331
53,400
48,604
48,60453,40057,331023,89949,97053,06440,24008,581
       Property Plant Equipment 
8,372
517
499
512
517
502
46,662
43,405
39,494
36,591
36,59139,49443,40546,6625025175124995178,372
       Long-term Assets Other 
0
0
39,741
52,552
49,453
10,624
0
0
0
0
000010,62449,45352,55239,74100
> Total Liabilities 
6,841
20,636
34,653
47,694
48,477
21,148
61,399
40,967
37,897
35,457
35,45737,89740,96761,39921,14848,47747,69434,65320,6366,841
   > Total Current Liabilities 
1,256
2,371
2,555
5,794
4,624
1,739
4,493
1,396
685
421
4216851,3964,4931,7394,6245,7942,5552,3711,256
       Short-term Debt 
947
1,650
1,650
2,263
2,700
2,875
2,757
10
11
12
1211102,7572,8752,7002,2631,6501,650947
       Short Long Term Debt 
16,840
1,650
552
685
905
990
2,757
0
0
0
0002,7579909056855521,65016,840
       Accounts payable 
420
105
303
3,531
169
212
180
183
674
409
4096741831802121693,531303105420
       Other Current Liabilities 
1,193
616
0
3,177
1,924
-1,136
1,547
1,386
0
27
2701,3861,547-1,1361,9243,17706161,193
   > Long-term Liabilities 
5,585
0
32,098
41,900
43,853
19,409
0
39,571
37,212
35,036
35,03637,21239,571019,40943,85341,90032,09805,585
       Long term Debt Total 
0
0
31,757
41,002
43,012
48,111
47,262
32,465
29,813
27,619
27,61929,81332,46547,26248,11143,01241,00231,75700
       Long term Debt 
11,563
18,265
31,757
41,002
43,012
48,111
46,906
10,396
29,477
27,295
27,29529,47710,39646,90648,11143,01241,00231,75718,26511,563
       Capital Lease Obligations Min Short Term Debt
-947
-1,650
-1,650
-2,263
-2,700
-2,875
-2,757
105
336
324
324336105-2,757-2,875-2,700-2,263-1,650-1,650-947
       Other Liabilities 
0
0
341
898
7,563
8,255
6,707
7,106
7,399
7,417
7,4177,3997,1066,7078,2557,56389834100
       Long-term Liabilities Other 
0
0
7,581
10,348
0
0
0
0
0
0
00000010,3487,58100
> Total Stockholder Equity
4,024
7,365
15,412
15,915
15,939
19,354
19,399
25,824
25,894
23,425
23,42525,89425,82419,39919,35415,93915,91515,4127,3654,024
   Common Stock
10,449
9,250
31,981
31,981
31,981
31,874
31,711
47,330
47,104
46,890
46,89047,10447,33031,71131,87431,98131,98131,9819,25010,449
   Retained Earnings -23,374-21,140-21,498-21,322-12,282-15,943-16,523-16,467-1,885-6,425
   Accumulated Other Comprehensive Income 
0
0
-102
457
-99
-238
0
-8
-70
-91
-91-70-80-238-99457-10200
   Capital Surplus 0000000000
   Treasury Stock0000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue8,998
Cost of Revenue-8,996
Gross Profit22
 
Operating Income (+$)
Gross Profit2
Operating Expense-4,197
Operating Income-924-4,195
 
Operating Expense (+$)
Research Development-
Selling General Administrative530
Selling And Marketing Expenses-
Operating Expense4,197530
 
Net Interest Income (+$)
Interest Income16
Interest Expense-1,172
Other Finance Cost-0
Net Interest Income-1,156
 
Pretax Income (+$)
Operating Income-924
Net Interest Income-1,156
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-322-1,527
EBIT - interestExpense = -2,096
-322
-1,062
Interest Expense1,172
Earnings Before Interest and Taxes (EBIT)-924850
Earnings Before Interest and Taxes (EBITDA)850
 
After tax Income (+$)
Income Before Tax-322
Tax Provision-1,912
Net Income From Continuing Ops-924-2,234
Net Income-2,234
Net Income Applicable To Common Shares-2,234
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses9,526
Total Other Income/Expenses Net6021,156
 

Technical Analysis of Timah Resources Ltd
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 Timah Resources Ltd. The general trend of Timah Resources Ltd is BULLISH 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 Timah Resources Ltd'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 Timah Resources Ltd.

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: 0.05 < 0.05 < 0.0552.

The bearish price targets are: 0.042 > 0.042 > 0.042.

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Timah Resources Ltd 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 Timah Resources Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

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

Timah Resources Ltd 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 Timah Resources Ltd. The current macd is 0.00305009.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Timah Resources Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Timah Resources Ltd. 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 Timah Resources Ltd 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
Timah Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartTimah Resources Ltd 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 Timah Resources Ltd. The current adx is 55.79.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Timah Resources Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Timah Resources Ltd 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 Timah Resources Ltd. The current sar is 0.05572.

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
Timah Resources Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading 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 Timah Resources Ltd. The current rsi is 45.32. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Timah Resources Ltd Daily Relative Strength Index (RSI) ChartTimah Resources Ltd 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 Timah Resources Ltd. The current phase is Oversold in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Timah Resources Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Timah Resources Ltd Daily Stochastic Oscillator ChartTimah Resources Ltd 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 Timah Resources Ltd. The current cci is -62.89736603.

Timah Resources Ltd Daily Commodity Channel Index (CCI) ChartTimah Resources Ltd 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 Timah Resources Ltd. The current cmo is -35.42044586.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Timah Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartTimah Resources Ltd 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 Timah Resources Ltd. The current willr is -100.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Timah Resources Ltd Daily Williams %R ChartTimah Resources Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Timah Resources Ltd.

Timah Resources Ltd 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 Timah Resources Ltd. The current atr is 0.00141175.

Timah Resources Ltd Daily Average True Range (ATR) ChartTimah Resources Ltd Daily Average True Range (ATR) Chart
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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 Timah Resources Ltd. The current obv is -290,105.

Timah Resources Ltd Daily On-Balance Volume (OBV) ChartTimah Resources Ltd 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 Timah Resources Ltd. The current mfi is 63.22.

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
Timah Resources Ltd Daily Money Flow Index (MFI) ChartTimah Resources Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Timah Resources Ltd.

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
2023-08-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-08-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-29DMI 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
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).
2023-08-31STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-09-01ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-09-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-09-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-09-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-09-13ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-17DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01CCI 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).
2024-02-06BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-22DMI 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
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Timah Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.316
Ma 20Greater thanMa 500.047
Ma 50Greater thanMa 1000.036
Ma 100Greater thanMa 2000.035
OpenGreater thanClose0.043
Total3/5 (60.0%)
Penke

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