25 XP   0   0   10

Technology Metals Australia Ltd
Buy, Hold or Sell?

Let's analyse Technology Metals Australia Ltd together

PenkeI guess you are interested in Technology Metals Australia 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 Technology Metals Australia 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.

Get notifications about Technology Metals Australia Ltd

I send you an email if I find something interesting about Technology Metals Australia Ltd.

Quick analysis of Technology Metals Australia Ltd (30 sec.)










What can you expect buying and holding a share of Technology Metals Australia 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?
28.6%

What is your share worth?

Current worth
A$0.22
Expected worth in 1 year
A$0.27
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$0.05
Return On Investment
18.9%

For what price can you sell your share?

Current Price per Share
A$0.26
Expected price per share
A$0.23 - A$0.265
How sure are you?
50%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1. Valuation of Technology Metals Australia Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.26

Intrinsic Value Per Share

A$-0.62 - A$-0.52

Total Value Per Share

A$-0.40 - A$-0.30

2. Growth of Technology Metals Australia Ltd (5 min.)




Is Technology Metals Australia Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$36.6m$34.5m$2m5.7%

How much money is Technology Metals Australia Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.2m-$1m-$250.6k-19.7%
Net Profit Margin-1,028.7%-3,443.9%--

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

3. Financial Health of Technology Metals Australia Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#275 / 912

Most Revenue
#300 / 912

Most Profit
#530 / 912

Most Efficient
#742 / 912
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

What can you expect buying and holding a share of Technology Metals Australia Ltd? (5 min.)

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

What can you expect buying and holding a share of Technology Metals Australia Ltd?

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

Speculation

The Price per Share of Technology Metals Australia Ltd is A$0.26. 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 Technology Metals Australia 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 Technology Metals Australia 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$0.22. 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$0.08 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 Technology Metals Australia 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 Eps0.00-1.9%0.00-1.9%0.00-1.5%0.00-1.1%0.00-1.2%
Usd Book Value Change Per Share0.013.1%0.013.1%0.0519.4%0.029.0%0.027.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.001.1%0.000.8%
Usd Total Gains Per Share0.013.1%0.013.1%0.0519.4%0.0310.1%0.028.6%
Usd Price Per Share0.21-0.21-0.26-0.19-0.19-
Price to Earnings Ratio-43.39--43.39--66.54--30.44--45.78-
Price-to-Total Gains Ratio26.52-26.52-5.21-10.28-13.96-
Price to Book Ratio1.50-1.50-1.96-2.09-4.32-
Price-to-Total Gains Ratio26.52-26.52-5.21-10.28-13.96-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.170638
Number of shares5860
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.02
Usd Total Gains Per Share0.010.03
Gains per Quarter (5860 shares)47.14154.42
Gains per Year (5860 shares)188.55617.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1018917967550608
2037736813511001226
3056655720216511844
4075474627022012462
5094393533727513080
601131112440533013698
701320131347238524316
801508150253944024934
901697169160749525552
1001885188067455026170

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%1.06.00.014.3%1.06.00.014.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%2.00.03.040.0%2.00.05.028.6%2.00.05.028.6%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Fundamentals of Technology Metals Australia Ltd

About Technology Metals Australia Ltd

Technology Metals Australia Limited engages in identifying and exploring mineral projects in Australia. The company explores for vanadium pentoxide and associated downstream products, as well as ilmenite. Its flagship project is the Murchison Technology Metals project that comprises Gabanintha and Yarrabubba deposits located in the mid-west region of Western Australia. The company was incorporated in 2016 and is based in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-02-20 16:10:03.

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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.1. Profitability of Technology Metals Australia Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Technology Metals Australia Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Technology Metals Australia Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -1,028.7% means that $-10.29 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Technology Metals Australia Ltd:

  • The MRQ is -1,028.7%. The company is making a huge loss. -2
  • The TTM is -1,028.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-1,028.7%TTM-1,028.7%0.0%
TTM-1,028.7%YOY-3,443.9%+2,415.2%
TTM-1,028.7%5Y6,577.3%-7,606.0%
5Y6,577.3%10Y2,873.4%+3,703.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,028.7%-49.2%-979.5%
TTM-1,028.7%-48.3%-980.4%
YOY-3,443.9%-48.4%-3,395.5%
5Y6,577.3%-262.4%+6,839.7%
10Y2,873.4%-714.9%+3,588.3%
1.1.2. Return on Assets

Shows how efficient Technology Metals Australia Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Technology Metals Australia Ltd to the Other Industrial Metals & Mining industry mean.
  • -3.4% Return on Assets means that Technology Metals Australia Ltd generated $-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Technology Metals Australia Ltd:

  • The MRQ is -3.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.4%TTM-3.4%0.0%
TTM-3.4%YOY-2.9%-0.5%
TTM-3.4%5Y-2.9%-0.5%
5Y-2.9%10Y-6.2%+3.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.4%-7.3%+3.9%
TTM-3.4%-7.6%+4.2%
YOY-2.9%-6.5%+3.6%
5Y-2.9%-10.2%+7.3%
10Y-6.2%-14.0%+7.8%
1.1.3. Return on Equity

Shows how efficient Technology Metals Australia Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Technology Metals Australia Ltd to the Other Industrial Metals & Mining industry mean.
  • -3.5% Return on Equity means Technology Metals Australia Ltd generated $-0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Technology Metals Australia Ltd:

  • The MRQ is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM-3.5%0.0%
TTM-3.5%YOY-2.9%-0.5%
TTM-3.5%5Y-3.1%-0.3%
5Y-3.1%10Y-6.8%+3.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.5%-7.6%+4.1%
TTM-3.5%-8.2%+4.7%
YOY-2.9%-6.8%+3.9%
5Y-3.1%-10.8%+7.7%
10Y-6.8%-15.0%+8.2%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.2. Operating Efficiency of Technology Metals Australia Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Technology Metals Australia Ltd is operating .

  • Measures how much profit Technology Metals Australia 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 Technology Metals Australia Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -1,130.3% means the company generated $-11.30  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Technology Metals Australia Ltd:

  • The MRQ is -1,130.3%. The company is operating very inefficient. -2
  • The TTM is -1,130.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,130.3%TTM-1,130.3%0.0%
TTM-1,130.3%YOY-5,684.9%+4,554.6%
TTM-1,130.3%5Y-16,546.5%+15,416.2%
5Y-16,546.5%10Y-13,789.0%-2,757.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,130.3%-322.0%-808.3%
TTM-1,130.3%-52.9%-1,077.4%
YOY-5,684.9%-53.0%-5,631.9%
5Y-16,546.5%-262.2%-16,284.3%
10Y-13,789.0%-621.0%-13,168.0%
1.2.2. Operating Ratio

Measures how efficient Technology Metals Australia Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 11.30 means that the operating costs are $11.30 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Technology Metals Australia Ltd:

  • The MRQ is 11.303. The company is inefficient in keeping operating costs low. -1
  • The TTM is 11.303. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ11.303TTM11.3030.000
TTM11.303YOY56.849-45.546
TTM11.3035Y165.665-154.362
5Y165.66510Y138.095+27.570
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ11.3031.960+9.343
TTM11.3031.921+9.382
YOY56.8492.249+54.600
5Y165.6654.385+161.280
10Y138.0957.932+130.163
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.3. Liquidity of Technology Metals Australia Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Technology Metals Australia Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 16.01 means the company has $16.01 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Technology Metals Australia Ltd:

  • The MRQ is 16.008. The company is very able to pay all its short-term debts. +2
  • The TTM is 16.008. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ16.008TTM16.0080.000
TTM16.008YOY17.451-1.443
TTM16.0085Y10.951+5.056
5Y10.95110Y12.058-1.106
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ16.0082.399+13.609
TTM16.0082.625+13.383
YOY17.4513.519+13.932
5Y10.9514.133+6.818
10Y12.0584.665+7.393
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Technology Metals Australia Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 24.40 means the company can pay off $24.40 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Technology Metals Australia Ltd:

  • The MRQ is 24.404. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 24.404. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ24.404TTM24.4040.000
TTM24.404YOY17.451+6.953
TTM24.4045Y12.631+11.773
5Y12.63110Y13.218-0.588
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ24.4040.902+23.502
TTM24.4040.838+23.566
YOY17.4511.011+16.440
5Y12.6311.299+11.332
10Y13.2181.442+11.776
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.4. Solvency of Technology Metals Australia Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Technology Metals Australia Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Technology Metals Australia Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.02 means that Technology Metals Australia Ltd assets are financed with 2.1% credit (debt) and the remaining percentage (100% - 2.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Technology Metals Australia Ltd:

  • The MRQ is 0.021. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.021. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.021TTM0.0210.000
TTM0.021YOY0.020+0.000
TTM0.0215Y0.033-0.012
5Y0.03310Y0.044-0.011
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0210.180-0.159
TTM0.0210.185-0.164
YOY0.0200.151-0.131
5Y0.0330.208-0.175
10Y0.0440.245-0.201
1.4.2. Debt to Equity Ratio

Measures if Technology Metals Australia Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Technology Metals Australia Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 2.1% means that company has $0.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Technology Metals Australia Ltd:

  • The MRQ is 0.021. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.021. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.021TTM0.0210.000
TTM0.021YOY0.021+0.000
TTM0.0215Y0.035-0.014
5Y0.03510Y0.047-0.013
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0210.174-0.153
TTM0.0210.190-0.169
YOY0.0210.155-0.134
5Y0.0350.225-0.190
10Y0.0470.245-0.198
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

2. Market Valuation of Technology Metals Australia 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 Technology Metals Australia Ltd generates.

  • Above 15 is considered overpriced but always compare Technology Metals Australia Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -43.39 means the investor is paying $-43.39 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Technology Metals Australia Ltd:

  • The EOD is -34.713. Based on the earnings, the company is expensive. -2
  • The MRQ is -43.391. Based on the earnings, the company is expensive. -2
  • The TTM is -43.391. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-34.713MRQ-43.391+8.678
MRQ-43.391TTM-43.3910.000
TTM-43.391YOY-66.542+23.151
TTM-43.3915Y-30.438-12.953
5Y-30.43810Y-45.780+15.342
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-34.713-3.743-30.970
MRQ-43.391-5.346-38.045
TTM-43.391-5.799-37.592
YOY-66.542-8.550-57.992
5Y-30.438-10.470-19.968
10Y-45.780-11.421-34.359
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Technology Metals Australia Ltd:

  • The EOD is -6.110. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.637. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.637. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.110MRQ-7.637+1.527
MRQ-7.637TTM-7.6370.000
TTM-7.637YOY-14.695+7.058
TTM-7.6375Y-11.936+4.299
5Y-11.93610Y-22.229+10.293
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-6.110-4.277-1.833
MRQ-7.637-5.877-1.760
TTM-7.637-6.772-0.865
YOY-14.695-9.002-5.693
5Y-11.936-13.204+1.268
10Y-22.229-14.428-7.801
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Technology Metals Australia Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.50 means the investor is paying $1.50 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Technology Metals Australia Ltd:

  • The EOD is 1.202. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.503. Based on the equity, the company is underpriced. +1
  • The TTM is 1.503. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.202MRQ1.503-0.301
MRQ1.503TTM1.5030.000
TTM1.503YOY1.961-0.458
TTM1.5035Y2.093-0.591
5Y2.09310Y4.322-2.229
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.2021.126+0.076
MRQ1.5031.559-0.056
TTM1.5031.598-0.095
YOY1.9612.281-0.320
5Y2.0932.401-0.308
10Y4.3222.922+1.400
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Technology Metals Australia Ltd.

3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Technology Metals Australia 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--0.0120.0120%0.077-84%0.036-66%0.031-60%
Book Value Per Share--0.2160.2160%0.204+6%0.144+50%0.112+93%
Current Ratio--16.00816.0080%17.451-8%10.951+46%12.058+33%
Debt To Asset Ratio--0.0210.0210%0.020+1%0.033-37%0.044-53%
Debt To Equity Ratio--0.0210.0210%0.021+1%0.035-39%0.047-55%
Dividend Per Share----0%-0%0.004-100%0.003-100%
Eps---0.007-0.0070%-0.006-20%-0.004-42%-0.005-37%
Free Cash Flow Per Share---0.043-0.0430%-0.027-36%-0.028-34%-0.022-48%
Free Cash Flow To Equity Per Share--0.0020.0020%0.053-97%0.015-89%0.012-86%
Gross Profit Margin--1.4441.4440%1.000+44%1.089+33%1.063+36%
Intrinsic Value_10Y_max---0.516--------
Intrinsic Value_10Y_min---0.617--------
Intrinsic Value_1Y_max---0.033--------
Intrinsic Value_1Y_min---0.038--------
Intrinsic Value_3Y_max---0.114--------
Intrinsic Value_3Y_min---0.136--------
Intrinsic Value_5Y_max---0.212--------
Intrinsic Value_5Y_min---0.256--------
Market Cap67134862.080-25%83918577.60083918577.6000%103284403.200-19%73073715.264+15%76172247.360+10%
Net Profit Margin---10.287-10.2870%-34.439+235%65.773-116%28.734-136%
Operating Margin---11.303-11.3030%-56.849+403%-165.465+1364%-137.890+1120%
Operating Ratio--11.30311.3030%56.849-80%165.665-93%138.095-92%
Pb Ratio1.202-25%1.5031.5030%1.961-23%2.093-28%4.322-65%
Pe Ratio-34.713+20%-43.391-43.3910%-66.542+53%-30.438-30%-45.780+6%
Price Per Share0.260-25%0.3250.3250%0.400-19%0.283+15%0.295+10%
Price To Free Cash Flow Ratio-6.110+20%-7.637-7.6370%-14.695+92%-11.936+56%-22.229+191%
Price To Total Gains Ratio21.214-25%26.51726.5170%5.213+409%10.282+158%13.961+90%
Quick Ratio--24.40424.4040%17.451+40%12.631+93%13.218+85%
Return On Assets---0.034-0.0340%-0.029-15%-0.029-14%-0.062+84%
Return On Equity---0.035-0.0350%-0.029-15%-0.031-10%-0.068+97%
Total Gains Per Share--0.0120.0120%0.077-84%0.040-69%0.034-64%
Usd Book Value--36649760.90036649760.9000%34572776.166+6%24391455.130+50%18952155.489+93%
Usd Book Value Change Per Share--0.0080.0080%0.050-84%0.023-66%0.020-60%
Usd Book Value Per Share--0.1420.1420%0.134+6%0.094+50%0.073+93%
Usd Dividend Per Share----0%-0%0.003-100%0.002-100%
Usd Eps---0.005-0.0050%-0.004-20%-0.003-42%-0.003-37%
Usd Free Cash Flow---7211793.241-7211793.2410%-4612916.777-36%-4756760.545-34%-3765659.919-48%
Usd Free Cash Flow Per Share---0.028-0.0280%-0.018-36%-0.018-34%-0.015-48%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.034-97%0.010-89%0.008-86%
Usd Market Cap44060609.983-25%55075762.47955075762.4790%67785553.820-19%47958279.328+15%49991845.942+10%
Usd Price Per Share0.171-25%0.2130.2130%0.263-19%0.186+15%0.194+10%
Usd Profit---1269284.200-1269284.2000%-1018683.921-20%-739642.224-42%-799684.674-37%
Usd Revenue--123384.400123384.4000%29579.441+317%38591.753+220%32601.234+278%
Usd Total Gains Per Share--0.0080.0080%0.050-84%0.026-69%0.022-64%
 EOD+2 -6MRQTTM+0 -0YOY+12 -225Y+17 -1910Y+18 -18

4.2. Fundamental Score

Let's check the fundamental score of Technology Metals Australia Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-34.713
Price to Book Ratio (EOD)Between0-11.202
Net Profit Margin (MRQ)Greater than0-10.287
Operating Margin (MRQ)Greater than0-11.303
Quick Ratio (MRQ)Greater than124.404
Current Ratio (MRQ)Greater than116.008
Debt to Asset Ratio (MRQ)Less than10.021
Debt to Equity Ratio (MRQ)Less than10.021
Return on Equity (MRQ)Greater than0.15-0.035
Return on Assets (MRQ)Greater than0.05-0.034
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Technology Metals Australia Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.962
Ma 20Greater thanMa 500.254
Ma 50Greater thanMa 1000.238
Ma 100Greater thanMa 2000.245
OpenGreater thanClose0.260
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets57,022
Total Liabilities1,179
Total Stockholder Equity55,843
 As reported
Total Liabilities 1,179
Total Stockholder Equity+ 55,843
Total Assets = 57,022

Assets

Total Assets57,022
Total Current Assets18,873
Long-term Assets38,149
Total Current Assets
Cash And Cash Equivalents 16,464
Short-term Investments 10,000
Net Receivables 2,308
Total Current Assets  (as reported)18,873
Total Current Assets  (calculated)28,772
+/- 9,899
Long-term Assets
Property Plant Equipment 38,149
Long-term Assets  (as reported)38,149
Long-term Assets  (calculated)38,149
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,179
Long-term Liabilities0
Total Stockholder Equity55,843
Total Current Liabilities
Accounts payable 639
Other Current Liabilities 540
Total Current Liabilities  (as reported)1,179
Total Current Liabilities  (calculated)1,179
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock66,741
Retained Earnings -13,688
Accumulated Other Comprehensive Income 2,790
Total Stockholder Equity (as reported)55,843
Total Stockholder Equity (calculated)55,843
+/-0
Other
Capital Stock66,741
Cash and Short Term Investments 16,464
Common Stock Shares Outstanding 213,551
Liabilities and Stockholders Equity 57,022
Net Debt -16,464
Net Invested Capital 55,843
Net Tangible Assets 55,843
Net Working Capital 17,694
Property Plant and Equipment Gross 38,149



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-30
> Total Assets 
4,324
6,856
10,887
21,400
25,270
33,534
53,775
57,022
57,02253,77533,53425,27021,40010,8876,8564,324
   > Total Current Assets 
3,598
2,918
2,869
2,166
3,353
5,884
19,142
18,873
18,87319,1425,8843,3532,1662,8692,9183,598
       Cash And Cash Equivalents 
3,582
2,882
2,710
1,839
3,181
5,586
18,600
16,464
16,46418,6005,5863,1811,8392,7102,8823,582
       Short-term Investments 
0
0
0
0
0
0
0
10,000
10,0000000000
       Net Receivables 
16
7
159
326
173
298
542
2,308
2,308542298173326159716
       Other Current Assets 
0
29
0
0
0
0
101
101
1011010000290
   > Long-term Assets 
726
3,938
8,019
19,235
21,917
27,650
34,634
38,149
38,14934,63427,65021,91719,2358,0193,938726
       Property Plant Equipment 
726
3,938
8,019
19,235
21,792
27,650
34,634
38,149
38,14934,63427,65021,79219,2358,0193,938726
       Other Assets 
0
0
0
0
125
0
0
0
0001250000
> Total Liabilities 
214
205
1,222
1,938
295
667
1,097
1,179
1,1791,0976672951,9381,222205214
   > Total Current Liabilities 
0
107
1,222
1,938
295
667
1,097
1,179
1,1791,0976672951,9381,2221070
       Accounts payable 
0
71
1,037
1,918
275
644
1,072
639
6391,0726442751,9181,037710
       Other Current Liabilities 
0
36
186
20
20
23
25
540
54025232020186360
   > Long-term Liabilities 
214
98
0
1,918
275
644
1,072
0
01,0726442751,918098214
       Other Liabilities 
0
98
0
0
0
0
0
0
000000980
> Total Stockholder Equity
4,109
6,651
9,665
19,462
24,975
32,867
52,678
55,843
55,84352,67832,86724,97519,4629,6656,6514,109
   Common Stock
3,436
3,471
10,327
21,548
25,765
34,738
55,329
66,741
66,74155,32934,73825,76521,54810,3273,4713,436
   Retained Earnings -13,688-6,465-4,912-3,344-4,627-2,894-464-146
   Accumulated Other Comprehensive Income 
820
3,644
2,232
2,541
2,554
3,042
3,814
2,790
2,7903,8143,0422,5542,5412,2323,644820
   Capital Surplus 00000000
   Treasury Stock00000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue188
Cost of Revenue-0
Gross Profit0188
 
Operating Income (+$)
Gross Profit0
Operating Expense-2,125
Operating Income-2,125-2,125
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,036
Selling And Marketing Expenses859
Operating Expense2,1251,895
 
Net Interest Income (+$)
Interest Income135
Interest Expense-0
Other Finance Cost-0
Net Interest Income135
 
Pretax Income (+$)
Operating Income-2,125
Net Interest Income135
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,934-2,178
EBIT - interestExpense = -2,125
-2,072
-1,934
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-2,125-1,934
Earnings Before Interest and Taxes (EBITDA)-2,122
 
After tax Income (+$)
Income Before Tax-1,934
Tax Provision-0
Net Income From Continuing Ops-1,934-1,934
Net Income-1,934
Net Income Applicable To Common Shares-1,934
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,125
Total Other Income/Expenses Net53-135
 

Technical Analysis of Technology Metals Australia 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 Technology Metals Australia Ltd. The general trend of Technology Metals Australia Ltd is NEUTRAL with 0.0% 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 Technology Metals Australia 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 (0.0%) Bearish trend (0.0%)
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 Technology Metals Australia Ltd.

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

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

The bullish price targets are: 0.26 < 0.26 < 0.265.

The bearish price targets are: 0.24 > 0.24 > 0.23.

Tweet this
Technology Metals Australia 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 Technology Metals Australia Ltd. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-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 lower 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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is 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 below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Technology Metals Australia 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 Technology Metals Australia Ltd. The current macd is 0.00666335.

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 Technology Metals Australia 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 Technology Metals Australia 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 Technology Metals Australia 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
Technology Metals Australia Ltd Daily Moving Average Convergence/Divergence (MACD) ChartTechnology Metals Australia 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 Technology Metals Australia Ltd. The current adx is 31.43.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Technology Metals Australia Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Technology Metals Australia 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 Technology Metals Australia Ltd. The current sar is 0.24155965.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Technology Metals Australia Ltd Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Technology Metals Australia Ltd. The current rsi is 63.96. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Technology Metals Australia Ltd Daily Relative Strength Index (RSI) ChartTechnology Metals Australia 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 Technology Metals Australia Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Technology Metals Australia Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Technology Metals Australia Ltd Daily Stochastic Oscillator ChartTechnology Metals Australia 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 Technology Metals Australia Ltd. The current cci is 67.11.

Technology Metals Australia Ltd Daily Commodity Channel Index (CCI) ChartTechnology Metals Australia 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 Technology Metals Australia Ltd. The current cmo is 34.77.

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
Technology Metals Australia Ltd Daily Chande Momentum Oscillator (CMO) ChartTechnology Metals Australia 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 Technology Metals Australia Ltd. The current willr is -25.

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 Technology Metals Australia Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Technology Metals Australia Ltd Daily Williams %R ChartTechnology Metals Australia Ltd Daily Williams %R Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Technology Metals Australia Ltd.

Technology Metals Australia 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 Technology Metals Australia Ltd. The current atr is 0.00473502.

Technology Metals Australia Ltd Daily Average True Range (ATR) ChartTechnology Metals Australia Ltd Daily Average True Range (ATR) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Technology Metals Australia Ltd. The current obv is -4,390,080.

Technology Metals Australia Ltd Daily On-Balance Volume (OBV) ChartTechnology Metals Australia 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 Technology Metals Australia Ltd. The current mfi is 94.44.

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

  • MFI > 50: +1
  • MFI > 80: +1
Technology Metals Australia Ltd Daily Money Flow Index (MFI) ChartTechnology Metals Australia Ltd Daily Money Flow Index (MFI) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Technology Metals Australia 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
2023-09-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-09-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-09-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-09-26DMI 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).
2023-09-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-09-29STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-02MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-10STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-17MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-23MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-03BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20STOCH 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).
2023-11-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12MACD 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14STOCH 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).
2023-12-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-20DMI 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
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12STOCH 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).
2024-01-16WILLR 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17RSI 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Technology Metals Australia Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Technology Metals Australia Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.962
Ma 20Greater thanMa 500.254
Ma 50Greater thanMa 1000.238
Ma 100Greater thanMa 2000.245
OpenGreater thanClose0.260
Total2/5 (40.0%)
Penke

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

  • Share my analysis of Technology Metals Australia Ltd with someone you think should read this too:
  • Are you bullish or bearish on Technology Metals Australia Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Technology Metals Australia Ltd? 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 Technology Metals Australia Ltd

I send you an email if I find something interesting about Technology Metals Australia Ltd.


Comments

How you think about this?

Leave a comment
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Stay informed about Technology Metals Australia Ltd.

Receive notifications about Technology Metals Australia Ltd in your mailbox!