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Compania de Transporte de Energia Electrica en Alta Tension Transener SA
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Let's analyse Transener together

PenkeI guess you are interested in Compania de Transporte de Energia Electrica en Alta Tension Transener SA. 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. 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.

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Quick analysis of Transener (30 sec.)










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

How much money do you get?

How much money do you get?
ARS0.00
When do you have the money?
1 year
How often do you get paid?
25.0%

What is your share worth?

Current worth
ARS388.87
Expected worth in 1 year
ARS623.99
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
ARS235.13
Return On Investment
17.8%

For what price can you sell your share?

Current Price per Share
ARS1,322.50
Expected price per share
ARS569.50 - ARS1,560
How sure are you?
50%
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1. Valuation of Transener (5 min.)




Live pricePrice per Share (EOD)

ARS1,322.50

Intrinsic Value Per Share

ARS526.15 - ARS630.93

Total Value Per Share

ARS915.01 - ARS1,019.80

2. Growth of Transener (5 min.)




Is Transener growing?

Current yearPrevious yearGrowGrow %
How rich?$207.5m$63.1m$80.6m56.1%

How much money is Transener making?

Current yearPrevious yearGrowGrow %
Making money$2.4m$443.8k$1.9m81.8%
Net Profit Margin11.9%5.0%--

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

3. Financial Health of Transener (5 min.)




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

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

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

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

Speculation

The Price per Share of Transener is ARS1,323. 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 Transener.
  • 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 Transener, 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 ARS388.87. Based on the TTM, the Book Value Change Per Share is ARS58.78 per quarter. Based on the YOY, the Book Value Change Per Share is ARS17.94 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 ARS0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Transener.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per Share
Usd Eps0.000.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.120.0%0.070.0%0.020.0%0.020.0%0.020.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.120.0%0.070.0%0.020.0%0.020.0%0.020.0%
Usd Price Per Share0.53-0.35-0.08-0.11-0.11-
Price to Earnings Ratio28.62-0.93-19.91-6.63-6.63-
Price-to-Total Gains Ratio4.29-5.51-4.16-4.72-4.72-
Price to Book Ratio1.14-1.07-0.54-0.79-0.79-
Price-to-Total Gains Ratio4.29-5.51-4.16-4.72-4.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.587
Number of shares630
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.070.02
Usd Total Gains Per Share0.070.02
Gains per Quarter (630 shares)44.4415.52
Gains per Year (630 shares)177.7662.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1017816835952
203563467118114
3053352410176176
4071170213235238
5088988016294300
601067105820353362
701244123623412424
801422141426470486
901600159230529548
1001778177033588610

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%9.03.00.075.0%17.03.00.085.0%17.03.00.085.0%17.03.00.085.0%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%19.01.00.095.0%19.01.00.095.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%5.00.015.025.0%5.00.015.025.0%5.00.015.025.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%
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Fundamentals of Transener

About Compania de Transporte de Energia Electrica en Alta Tension Transener SA

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A. provides high-voltage electricity transmission services in Argentina. The company operates and maintains transformer lines and stations, as well as supervises the transmission works. It also offers engineering and consulting services; expansion to the transportation systems; and testing and commissioning services. The company operates a network of 12,400 kilometers of transmission lines and 6,228 kilometers of lines. Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A. was founded in 1993 and is based in Buenos Aires, Argentina. Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A. is a subsidiary of Compañía Inversora en Transmisión Eléctrica Citelec S.A.

Fundamental data was last updated by Penke on 2024-02-04 12:25:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is 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 cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Compania de Transporte de Energia Electrica en Alta Tension Transener SA.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Transener to the Utilities - Regulated Electric industry mean.
  • A Net Profit Margin of 8.9% means that $0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 8.9%. The company is making a profit. +1
  • The TTM is 11.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ8.9%TTM11.9%-3.1%
TTM11.9%YOY5.0%+7.0%
TTM11.9%5Y13.6%-1.6%
5Y13.6%10Y13.6%0.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Transener to the Utilities - Regulated Electric industry mean.
  • 0.7% Return on Assets means that Transener generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.3%-0.5%
TTM1.3%YOY0.4%+0.8%
TTM1.3%5Y1.7%-0.4%
5Y1.7%10Y1.7%0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Transener to the Utilities - Regulated Electric industry mean.
  • 1.0% Return on Equity means Transener generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 1.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.7%-0.7%
TTM1.7%YOY0.6%+1.1%
TTM1.7%5Y2.8%-1.1%
5Y2.8%10Y2.8%0.0%
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1.2. Operating Efficiency of Compania de Transporte de Energia Electrica en Alta Tension Transener SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Transener is operating .

  • Measures how much profit Transener 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 Transener to the Utilities - Regulated Electric industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM14.9%-14.9%
TTM14.9%YOY13.4%+1.5%
TTM14.9%5Y34.7%-19.8%
5Y34.7%10Y34.7%0.0%
1.2.2. Operating Ratio

Measures how efficient Transener is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • An Operation Ratio of 1.64 means that the operating costs are $1.64 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 1.635. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.583. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.635TTM1.583+0.052
TTM1.583YOY1.689-0.106
TTM1.5835Y1.321+0.262
5Y1.32110Y1.3210.000
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1.3. Liquidity of Compania de Transporte de Energia Electrica en Alta Tension Transener SA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A Current Ratio of 1.75 means the company has $1.75 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 1.746. The company is able to pay all its short-term debts. +1
  • The TTM is 1.652. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.746TTM1.652+0.093
TTM1.652YOY1.389+0.264
TTM1.6525Y1.819-0.167
5Y1.81910Y1.8190.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Transener to the Utilities - Regulated Electric industry mean.
  • A Quick Ratio of 1.08 means the company can pay off $1.08 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 1.075. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.112. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.075TTM1.112-0.037
TTM1.112YOY1.241-0.129
TTM1.1125Y1.359-0.246
5Y1.35910Y1.3590.000
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1.4. Solvency of Compania de Transporte de Energia Electrica en Alta Tension Transener SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Transener to Utilities - Regulated Electric industry mean.
  • A Debt to Asset Ratio of 0.25 means that Transener assets are financed with 25.0% credit (debt) and the remaining percentage (100% - 25.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 0.250. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.258. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.250TTM0.258-0.008
TTM0.258YOY0.271-0.013
TTM0.2585Y0.345-0.087
5Y0.34510Y0.3450.000
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Transener to the Utilities - Regulated Electric industry mean.
  • A Debt to Equity ratio of 33.4% means that company has $0.33 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The MRQ is 0.334. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.348. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.334TTM0.348-0.014
TTM0.348YOY0.372-0.025
TTM0.3485Y0.548-0.201
5Y0.54810Y0.5480.000
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2. Market Valuation of Compania de Transporte de Energia Electrica en Alta Tension Transener SA

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 Transener generates.

  • Above 15 is considered overpriced but always compare Transener to the Utilities - Regulated Electric industry mean.
  • A PE ratio of 28.62 means the investor is paying $28.62 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The EOD is 85.331. Based on the earnings, the company is expensive. -2
  • The MRQ is 28.616. Based on the earnings, the company is overpriced. -1
  • The TTM is 0.934. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD85.331MRQ28.616+56.715
MRQ28.616TTM0.934+27.682
TTM0.934YOY19.914-18.979
TTM0.9345Y6.629-5.694
5Y6.62910Y6.6290.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The EOD is 25.238. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 8.464. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.999. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD25.238MRQ8.464+16.775
MRQ8.464TTM10.999-2.535
TTM10.999YOY-1.763+12.762
TTM10.9995Y9.679+1.320
5Y9.67910Y9.6790.000
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A PB ratio of 1.14 means the investor is paying $1.14 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Compania de Transporte de Energia Electrica en Alta Tension Transener SA:

  • The EOD is 3.401. Based on the equity, the company is fair priced.
  • The MRQ is 1.140. Based on the equity, the company is underpriced. +1
  • The TTM is 1.072. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.401MRQ1.140+2.260
MRQ1.140TTM1.072+0.068
TTM1.072YOY0.539+0.533
TTM1.0725Y0.787+0.285
5Y0.78710Y0.7870.000
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Compania de Transporte de Energia Electrica en Alta Tension Transener SA 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--103.31058.781+76%17.942+476%19.443+431%19.443+431%
Book Value Per Share--388.866269.523+44%118.339+229%106.988+263%106.988+263%
Current Ratio--1.7461.652+6%1.389+26%1.819-4%1.819-4%
Debt To Asset Ratio--0.2500.258-3%0.271-8%0.345-27%0.345-27%
Debt To Equity Ratio--0.3340.348-4%0.372-10%0.548-39%0.548-39%
Dividend Per Share----0%-0%1.084-100%1.084-100%
Eps--3.8755.154-25%1.039+273%2.119+83%2.119+83%
Free Cash Flow Per Share--13.1002.600+404%0.821+1496%1.616+711%1.616+711%
Free Cash Flow To Equity Per Share--13.1001.489+780%-0.531+104%-0.738+106%-0.738+106%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--630.935--------
Intrinsic Value_10Y_min--526.146--------
Intrinsic Value_1Y_max--15.061--------
Intrinsic Value_1Y_min--14.766--------
Intrinsic Value_3Y_max--81.959--------
Intrinsic Value_3Y_min--77.504--------
Intrinsic Value_5Y_max--193.109--------
Intrinsic Value_5Y_min--176.080--------
Market Cap288159525000.000+32%197212828082.500130761887842.188+51%28314603896.625+597%40231885351.013+390%40231885351.013+390%
Net Profit Margin--0.0890.119-26%0.050+78%0.136-35%0.136-35%
Operating Margin---0.149-100%0.134-100%0.347-100%0.347-100%
Operating Ratio--1.6351.583+3%1.689-3%1.321+24%1.321+24%
Pb Ratio3.401+66%1.1401.072+6%0.539+112%0.787+45%0.787+45%
Pe Ratio85.331+66%28.6160.934+2963%19.914+44%6.629+332%6.629+332%
Price Per Share1322.500+66%443.500294.063+51%63.675+597%90.475+390%90.475+390%
Price To Free Cash Flow Ratio25.238+66%8.46410.999-23%-1.763+121%9.679-13%9.679-13%
Price To Total Gains Ratio12.801+66%4.2935.511-22%4.156+3%4.721-9%4.721-9%
Quick Ratio--1.0751.112-3%1.241-13%1.359-21%1.359-21%
Return On Assets--0.0070.013-40%0.004+69%0.017-56%0.017-56%
Return On Equity--0.0100.017-41%0.006+68%0.028-64%0.028-64%
Total Gains Per Share--103.31058.781+76%17.942+476%20.527+403%20.527+403%
Usd Book Value--207501976.800143819998.500+44%63146497.500+229%57089760.600+263%57089760.600+263%
Usd Book Value Change Per Share--0.1240.071+76%0.022+476%0.023+431%0.023+431%
Usd Book Value Per Share--0.4670.323+44%0.142+229%0.128+263%0.128+263%
Usd Dividend Per Share----0%-0%0.001-100%0.001-100%
Usd Eps--0.0050.006-25%0.001+273%0.003+83%0.003+83%
Usd Free Cash Flow--6990344.4001387542.300+404%438107.100+1496%862184.640+711%862184.640+711%
Usd Free Cash Flow Per Share--0.0160.003+404%0.001+1496%0.002+711%0.002+711%
Usd Free Cash Flow To Equity Per Share--0.0160.002+780%-0.001+104%-0.001+106%-0.001+106%
Usd Market Cap345791430.000+32%236655393.699156914265.411+51%33977524.676+597%48278262.421+390%48278262.421+390%
Usd Price Per Share1.587+66%0.5320.353+51%0.076+597%0.109+390%0.109+390%
Usd Profit--2067528.0002443554.000-15%443832.600+366%1020008.340+103%1020008.340+103%
Usd Revenue--23356792.80018370578.000+27%6928746.600+237%7718565.060+203%7718565.060+203%
Usd Total Gains Per Share--0.1240.071+76%0.022+476%0.025+403%0.025+403%
 EOD+4 -4MRQTTM+20 -13YOY+27 -65Y+22 -1310Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of Compania de Transporte de Energia Electrica en Alta Tension Transener SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1585.331
Price to Book Ratio (EOD)Between0-13.401
Net Profit Margin (MRQ)Greater than00.089
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.075
Current Ratio (MRQ)Greater than11.746
Debt to Asset Ratio (MRQ)Less than10.250
Debt to Equity Ratio (MRQ)Less than10.334
Return on Equity (MRQ)Greater than0.150.010
Return on Assets (MRQ)Greater than0.050.007
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Compania de Transporte de Energia Electrica en Alta Tension Transener SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.807
Ma 20Greater thanMa 501,389.225
Ma 50Greater thanMa 1001,278.150
Ma 100Greater thanMa 200928.370
OpenGreater thanClose1,300.000
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets230,649,656
Total Liabilities57,731,342
Total Stockholder Equity172,918,314
 As reported
Total Liabilities 57,731,342
Total Stockholder Equity+ 172,918,314
Total Assets = 230,649,656

Assets

Total Assets230,649,656
Total Current Assets38,729,050
Long-term Assets191,920,606
Total Current Assets
Cash And Cash Equivalents 10,891,720
Short-term Investments 3,125,505
Net Receivables 20,728,671
Total Current Assets  (as reported)38,729,050
Total Current Assets  (calculated)34,745,896
+/- 3,983,154
Long-term Assets
Property Plant Equipment 180,995,624
Long-term Assets Other 8,914,516
Long-term Assets  (as reported)191,920,606
Long-term Assets  (calculated)189,910,140
+/- 2,010,466

Liabilities & Shareholders' Equity

Total Current Liabilities22,185,663
Long-term Liabilities35,545,679
Total Stockholder Equity172,918,314
Total Current Liabilities
Short Long Term Debt 359,686
Accounts payable 3,158,968
Total Current Liabilities  (as reported)22,185,663
Total Current Liabilities  (calculated)3,518,654
+/- 18,667,009
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt40,180
Long-term Liabilities  (as reported)35,545,679
Long-term Liabilities  (calculated)40,180
+/- 35,505,499
Total Stockholder Equity
Retained Earnings 12,399,425
Total Stockholder Equity (as reported)172,918,314
Total Stockholder Equity (calculated)12,399,425
+/- 160,518,889
Other
Capital Stock444,674
Common Stock Shares Outstanding 444,674
Net Invested Capital 173,278,000
Net Working Capital 16,543,387
Property Plant and Equipment Gross 427,679,202



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
19,869,465
22,287,149
21,474,702
25,573,773
30,295,804
33,275,814
36,074,451
39,658,534
45,581,344
49,090,807
54,034,727
51,206,259
56,239,450
63,223,341
75,915,881
92,725,497
108,312,857
135,855,244
169,338,317
230,649,656
230,649,656169,338,317135,855,244108,312,85792,725,49775,915,88163,223,34156,239,45051,206,25954,034,72749,090,80745,581,34439,658,53436,074,45133,275,81430,295,80425,573,77321,474,70222,287,14919,869,465
   > Total Current Assets 
7,302,756
7,970,158
5,454,687
6,977,677
8,688,512
9,638,750
10,915,233
12,105,544
14,248,761
13,620,852
14,432,740
7,567,510
8,169,311
7,242,771
10,540,329
13,500,224
15,185,997
22,613,367
27,908,427
38,729,050
38,729,05027,908,42722,613,36715,185,99713,500,22410,540,3297,242,7718,169,3117,567,51014,432,74013,620,85214,248,76112,105,54410,915,2339,638,7508,688,5126,977,6775,454,6877,970,1587,302,756
       Cash And Cash Equivalents 
2,782,264
3,725,966
14,891
11,260
44,443
46,485
56,460
815,435
901,643
984,030
1,024,153
32,490
47,705
35,327
55,017
52,672
5,139,456
1,740,902
5,417,102
10,891,720
10,891,7205,417,1021,740,9025,139,45652,67255,01735,32747,70532,4901,024,153984,030901,643815,43556,46046,48544,44311,26014,8913,725,9662,782,264
       Short-term Investments 
264,572
1,498,282
2,408,034
3,984,510
4,188,765
4,426,614
5,482,131
6,047,720
7,771,306
6,887,741
7,183,932
3,117,142
3,962,491
2,308,688
2,034,364
4,942,842
1,200,920
0
1,005,877
3,125,505
3,125,5051,005,87701,200,9204,942,8422,034,3642,308,6883,962,4913,117,1427,183,9326,887,7417,771,3066,047,7205,482,1314,426,6144,188,7653,984,5102,408,0341,498,282264,572
       Net Receivables 
1,688,415
2,210,071
2,411,287
2,327,650
3,174,076
3,679,245
3,879,522
3,841,936
3,981,446
4,024,947
4,849,194
3,519,425
2,904,510
4,017,400
7,632,271
7,638,823
6,873,539
18,466,326
18,660,246
20,728,671
20,728,67118,660,24618,466,3266,873,5397,638,8237,632,2714,017,4002,904,5103,519,4254,849,1944,024,9473,981,4463,841,9363,879,5223,679,2453,174,0762,327,6502,411,2872,210,0711,688,415
       Other Current Assets 
696,799
370,990
501,317
567,290
921,717
1,186,129
1,255,821
1,296,863
1,212,706
1,428,032
1,190,057
794,999
741,038
467,922
548,512
736,019
1,972,082
2,406,139
2,825,202
0
02,825,2022,406,1391,972,082736,019548,512467,922741,038794,9991,190,0571,428,0321,212,7061,296,8631,255,8211,186,129921,717567,290501,317370,990696,799
   > Long-term Assets 
0
14,316,991
16,020,015
18,596,096
21,607,292
23,637,064
25,159,218
27,552,990
31,332,583
35,469,955
39,601,987
43,638,749
48,070,139
55,980,570
65,375,552
79,225,273
93,126,860
113,241,877
141,429,890
191,920,606
191,920,606141,429,890113,241,87793,126,86079,225,27365,375,55255,980,57048,070,13943,638,74939,601,98735,469,95531,332,58327,552,99025,159,21823,637,06421,607,29218,596,09616,020,01514,316,9910
       Property Plant Equipment 
12,129,387
13,792,745
15,428,701
17,967,285
20,870,059
22,812,008
24,247,474
26,537,126
30,098,463
34,041,495
37,978,361
41,881,324
46,154,711
53,367,832
62,404,229
75,559,367
88,577,881
107,038,161
133,787,961
180,995,624
180,995,624133,787,961107,038,16188,577,88175,559,36762,404,22953,367,83246,154,71141,881,32437,978,36134,041,49530,098,46326,537,12624,247,47422,812,00820,870,05917,967,28515,428,70113,792,74512,129,387
       Long-term Assets Other 
0
518,917
591,314
628,811
737,233
825,056
869,231
969,890
1,234,120
1,428,460
1,623,626
1,757,425
1,915,428
2,173,127
2,558,207
3,166,369
3,705,192
4,968,101
6,278,855
8,914,516
8,914,5166,278,8554,968,1013,705,1923,166,3692,558,2072,173,1271,915,4281,757,4251,623,6261,428,4601,234,120969,890869,231825,056737,233628,811591,314518,9170
> Total Liabilities 
8,313,365
8,571,555
9,390,548
11,474,281
13,276,833
13,963,118
14,439,046
15,411,026
18,256,675
17,783,089
21,179,911
14,755,692
16,389,472
16,863,950
20,000,944
24,361,478
29,298,231
35,367,453
42,359,053
57,731,342
57,731,34242,359,05335,367,45329,298,23124,361,47820,000,94416,863,95016,389,47214,755,69221,179,91117,783,08918,256,67515,411,02614,439,04613,963,11813,276,83311,474,2819,390,5488,571,5558,313,365
   > Total Current Liabilities 
2,836,930
2,137,118
2,712,354
2,697,461
3,908,479
3,984,976
3,749,786
10,883,780
13,184,511
12,141,687
13,081,650
5,598,534
6,516,855
5,619,622
7,194,512
8,723,210
10,838,752
13,392,429
15,733,303
22,185,663
22,185,66315,733,30313,392,42910,838,7528,723,2107,194,5125,619,6226,516,8555,598,53413,081,65012,141,68713,184,51110,883,7803,749,7863,984,9763,908,4792,697,4612,712,3542,137,1182,836,930
       Short-term Debt 
138,840
50,902
145,255
66,297
204,839
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000204,83966,297145,25550,902138,840
       Short Long Term Debt 
138,840
50,902
145,255
66,297
204,839
71,901
237,492
7,001,774
7,942,290
7,981,331
8,525,236
347,482
348,367
364,723
384,713
434,115
427,532
1,024,760
424,173
359,686
359,686424,1731,024,760427,532434,115384,713364,723348,367347,4828,525,2367,981,3317,942,2907,001,774237,49271,901204,83966,297145,25550,902138,840
       Accounts payable 
1,103,927
274,030
323,241
378,886
1,327,947
1,443,623
1,040,695
1,133,716
2,101,491
1,407,400
1,375,349
1,494,944
2,087,544
1,679,067
1,603,764
1,854,813
3,433,337
3,206,726
3,116,989
3,158,968
3,158,9683,116,9893,206,7263,433,3371,854,8131,603,7641,679,0672,087,5441,494,9441,375,3491,407,4002,101,4911,133,7161,040,6951,443,6231,327,947378,886323,241274,0301,103,927
       Other Current Liabilities 
742,044
427,283
562,172
688,390
1,174,172
1,386,205
1,166,878
1,319,543
1,354,444
1,349,639
1,399,107
1,631,306
1,537,415
1,523,055
2,215,076
2,744,455
2,356,958
4,731,609
6,394,219
0
06,394,2194,731,6092,356,9582,744,4552,215,0761,523,0551,537,4151,631,3061,399,1071,349,6391,354,4441,319,5431,166,8781,386,2051,174,172688,390562,172427,283742,044
   > Long-term Liabilities 
0
6,434,437
6,678,194
8,776,820
9,368,354
9,978,142
10,689,260
4,527,246
5,072,164
5,641,402
8,098,261
9,157,158
9,872,617
11,244,328
12,806,432
15,638,268
18,459,479
21,975,024
26,625,750
35,545,679
35,545,67926,625,75021,975,02418,459,47915,638,26812,806,43211,244,3289,872,6179,157,1588,098,2615,641,4025,072,1644,527,24610,689,2609,978,1429,368,3548,776,8206,678,1946,434,4370
       Capital Lease Obligations 
0
0
0
0
63,106
30,310
29,831
29,045
42,739
43,028
34,483
23,449
13,514
9,800
5,675
951
31,711
35,739
35,807
40,180
40,18035,80735,73931,7119515,6759,80013,51423,44934,48343,02842,73929,04529,83130,31063,1060000
> Total Stockholder Equity
11,070,128
13,130,578
12,084,154
14,099,492
17,018,971
19,312,696
21,635,405
24,247,508
27,324,669
31,307,718
32,854,816
36,450,567
39,849,978
46,359,391
55,914,937
68,364,019
79,014,626
100,487,791
126,979,264
172,918,314
172,918,314126,979,264100,487,79179,014,62668,364,01955,914,93746,359,39139,849,97836,450,56732,854,81631,307,71827,324,66924,247,50821,635,40519,312,69617,018,97114,099,49212,084,15413,130,57811,070,128
   Common Stock
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
444,674
0
444,674
0
0444,6740444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674444,674
   Retained Earnings 
5,181,450
4,831,287
1,748,213
2,468,473
7,412,132
9,001,009
11,306,753
13,084,146
14,961,278
17,342,906
17,371,670
19,517,923
21,274,786
24,799,224
30,599,268
37,515,546
43,151,774
6,382,975
72,940,642
12,399,425
12,399,42572,940,6426,382,97543,151,77437,515,54630,599,26824,799,22421,274,78619,517,92317,371,67017,342,90614,961,27813,084,14611,306,7539,001,0097,412,1322,468,4731,748,2134,831,2875,181,450
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
5,444,004
6,135,982
7,167,328
8,121,101
9,162,165
9,867,013
9,883,978
10,718,688
11,918,717
13,520,138
15,038,472
16,487,970
18,130,518
21,115,493
24,870,995
30,403,799
35,418,178
0
53,593,948
0
053,593,948035,418,17830,403,79924,870,99521,115,49318,130,51816,487,97015,038,47213,520,13811,918,71710,718,6889,883,9789,867,0139,162,1658,121,1017,167,3286,135,9825,444,004



Balance Sheet

Currency in ARS. All numbers in thousands.




Cash Flow

Currency in ARS. All numbers in thousands.




Income Statement

Currency in ARS. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue47,587,048
Cost of Revenue-30,334,384
Gross Profit17,252,66417,252,664
 
Operating Income (+$)
Gross Profit17,252,664
Operating Expense-35,205,812
Operating Income12,381,236-17,953,148
 
Operating Expense (+$)
Research Development-
Selling General Administrative511,591
Selling And Marketing Expenses-
Operating Expense35,205,812511,591
 
Net Interest Income (+$)
Interest Income4,012,847
Interest Expense-38,468
Other Finance Cost-5,287,436
Net Interest Income9,261,815
 
Pretax Income (+$)
Operating Income12,381,236
Net Interest Income9,261,815
Other Non-Operating Income Expenses-
Income Before Tax (EBT)14,349,08112,381,236
EBIT - interestExpense = -38,468
8,905,842
8,944,310
Interest Expense38,468
Earnings Before Interest and Taxes (EBIT)-14,387,549
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax14,349,081
Tax Provision-5,443,239
Net Income From Continuing Ops8,905,8428,905,842
Net Income8,905,842
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--9,261,815
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Compania de Transporte de Energia Electrica en Alta Tension Transener SA.

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

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

The bullish price targets are: 1,400 < 1,556 < 1,560.

The bearish price targets are: 1,050 > 604.00 > 569.50.

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Compania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current mas is .

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

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

Directionalities and relatives.

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

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

Compania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current macd is -5.37658908.

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 Transener price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Transener. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Transener price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Moving Average Convergence/Divergence (MACD) ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current adx is 36.20.

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 Transener 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
Compania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current sar is 1,399.

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
Compania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current rsi is 50.81. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Relative Strength Index (RSI) ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Transener price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Stochastic Oscillator ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current cci is -44.37773149.

Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Commodity Channel Index (CCI) ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current cmo is -0.6960134.

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
Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Chande Momentum Oscillator (CMO) ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current willr is -58.52130326.

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 Transener is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Williams %R ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA.

Compania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current atr is 71.74.

Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Average True Range (ATR) ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current obv is 41,499,141.

Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily On-Balance Volume (OBV) ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA 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 Compania de Transporte de Energia Electrica en Alta Tension Transener SA. The current mfi is 51.05.

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
Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Money Flow Index (MFI) ChartCompania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Compania de Transporte de Energia Electrica en Alta Tension Transener SA.

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
2023-09-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-09-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-10-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-05STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-10-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-10-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-10-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-24MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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).
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH 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).
2023-11-21MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27RSI 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
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
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
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-07DMI 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
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-08CCI SHORT ENTRY LONG CLOSE-100 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 CLOSE80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Compania de Transporte de Energia Electrica en Alta Tension Transener SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Compania de Transporte de Energia Electrica en Alta Tension Transener SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.807
Ma 20Greater thanMa 501,389.225
Ma 50Greater thanMa 1001,278.150
Ma 100Greater thanMa 200928.370
OpenGreater thanClose1,300.000
Total4/5 (80.0%)
Penke

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