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Tata Steel Limited
Buy, Hold or Sell?

Let's analyze Tata Steel Limited together

I guess you are interested in Tata Steel Limited. 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 Tata Steel Limited. 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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1. Quick Overview

1.1. Quick analysis of Tata Steel Limited (30 sec.)










1.2. What can you expect buying and holding a share of Tata Steel Limited? (30 sec.)

How much money do you get?

How much money do you get?
$0.17
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$0.87
Expected worth in 1 year
$-15.95
How sure are you?
71.4%

+ What do you gain per year?

Total Gains per Share
$-16.65
Return On Investment
-97.4%

For what price can you sell your share?

Current Price per Share
$17.10
Expected price per share
$15.00 - $19.00
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Tata Steel Limited (5 min.)




Live pricePrice per Share (EOD)
$17.10
Intrinsic Value Per Share
$-35.36 - $0.02
Total Value Per Share
$-34.48 - $0.89

2.2. Growth of Tata Steel Limited (5 min.)




Is Tata Steel Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$10.9b$12.4b-$1.5b-13.8%

How much money is Tata Steel Limited making?

Current yearPrevious yearGrowGrow %
Making money-$44.3b$87.6b-$131.9b-297.4%
Net Profit Margin-2.0%3.6%--

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

2.3. Financial Health of Tata Steel Limited (5 min.)




2.4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#138 / 324

Most Revenue
#153 / 324

Most Profit
#220 / 324

Most Efficient
#234 / 324
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Tata Steel Limited?

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

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

Speculation

The Price per Share of Tata Steel Limited is $17.10. 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 Tata Steel Limited.
  • 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 Tata Steel Limited, 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 $0.87. Based on the TTM, the Book Value Change Per Share is $-4.21 per quarter. Based on the YOY, the Book Value Change Per Share is $-6.06 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tata Steel Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-3.55-20.8%-3.55-20.8%35.85209.7%85.36499.2%88.22515.9%
Usd Book Value Change Per Share-4.21-24.6%-4.21-24.6%-6.06-35.4%-1.20-7.0%0.120.7%
Usd Dividend Per Share0.040.2%0.040.2%0.301.8%0.191.1%0.171.0%
Usd Total Gains Per Share-4.16-24.3%-4.16-24.3%-5.75-33.7%-1.01-5.9%0.301.7%
Usd Price Per Share18.55-18.55-12.95-12.72-11.39-
Price to Earnings Ratio-5.22--5.22-0.36--0.86--0.59-
Price-to-Total Gains Ratio-4.46--4.46--2.25-9.32-7.86-
Price to Book Ratio21.23-21.23-2.55-5.47-4.27-
Price-to-Total Gains Ratio-4.46--4.46--2.25-9.32-7.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share17.1
Number of shares58
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.19
Usd Book Value Change Per Share-4.21-1.20
Usd Total Gains Per Share-4.16-1.01
Gains per Quarter (58 shares)-241.48-58.85
Gains per Year (58 shares)-965.90-235.40
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110-976-97644-279-245
219-1951-194287-558-480
329-2927-2908131-837-715
439-3902-3874174-1116-950
549-4878-4840218-1395-1185
658-5854-5806261-1674-1420
768-6829-6772305-1953-1655
878-7805-7738348-2231-1890
987-8781-8704392-2510-2125
1097-9756-9670435-2789-2360

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%2.01.00.066.7%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%5.02.00.071.4%5.02.00.071.4%
Dividend 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%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%5.02.00.071.4%5.02.00.071.4%
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3.2. Key Performance Indicators

The key performance indicators of Tata Steel Limited 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---4.205-4.2050%-6.055+44%-1.202-71%0.125-3469%
Book Value Per Share--0.8740.8740%5.079-83%6.386-86%6.398-86%
Current Ratio--0.7170.7170%0.890-19%0.886-19%0.945-24%
Debt To Asset Ratio--0.6620.6620%0.635+4%0.653+1%0.667-1%
Debt To Equity Ratio--1.9671.9670%1.774+11%1.9680%2.090-6%
Dividend Per Share--0.0420.0420%0.301-86%0.188-78%0.171-75%
Eps---3.555-3.5550%35.851-110%85.357-104%88.220-104%
Free Cash Flow Per Share--0.0200.0200%0.364-95%1.631-99%1.397-99%
Free Cash Flow To Equity Per Share--0.0200.0200%0.027-27%0.369-95%0.578-97%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.019--------
Intrinsic Value_10Y_min---35.358--------
Intrinsic Value_1Y_max--1.283--------
Intrinsic Value_1Y_min--0.005--------
Intrinsic Value_3Y_max--2.877--------
Intrinsic Value_3Y_min---3.058--------
Intrinsic Value_5Y_max--3.296--------
Intrinsic Value_5Y_min---9.465--------
Market Cap20892437452.800-1008%231569510085.550231569510085.5500%31644028583.860+632%60556331190.334+282%46061125405.301+403%
Net Profit Margin---0.020-0.0200%0.036-154%0.048-140%0.058-133%
Operating Margin----0%0.088-100%0.101-100%0.107-100%
Operating Ratio--1.5591.5590%1.374+13%1.368+14%1.361+15%
Pb Ratio19.572-8%21.23121.2310%2.550+733%5.468+288%4.267+398%
Pe Ratio-4.811+8%-5.219-5.2190%0.361-1545%-0.856-84%-0.587-89%
Price Per Share17.100-8%18.55018.5500%12.950+43%12.724+46%11.386+63%
Price To Free Cash Flow Ratio863.894-8%937.148937.1480%35.563+2535%197.018+376%164.964+468%
Price To Total Gains Ratio-4.107+8%-4.456-4.4560%-2.250-49%9.319-148%7.865-157%
Quick Ratio--0.0820.0820%0.151-46%0.189-57%0.243-66%
Return On Assets---1.375-1.3750%2.578-153%3.247-142%3.624-138%
Return On Equity---4.086-4.0860%7.202-157%8.639-147%10.637-138%
Total Gains Per Share---4.163-4.1630%-5.755+38%-1.015-76%0.296-1509%
Usd Book Value--10907063320.00010907063320.0000%12410674780.000-12%11053715136.000-1%10139140560.000+8%
Usd Book Value Change Per Share---4.205-4.2050%-6.055+44%-1.202-71%0.125-3469%
Usd Book Value Per Share--0.8740.8740%5.079-83%6.386-86%6.398-86%
Usd Dividend Per Share--0.0420.0420%0.301-86%0.188-78%0.171-75%
Usd Eps---3.555-3.5550%35.851-110%85.357-104%88.220-104%
Usd Free Cash Flow--247100260.000247100260.0000%889789620.000-72%2138449336.000-88%1810492542.857-86%
Usd Free Cash Flow Per Share--0.0200.0200%0.364-95%1.631-99%1.397-99%
Usd Free Cash Flow To Equity Per Share--0.0200.0200%0.027-27%0.369-95%0.578-97%
Usd Market Cap20892437452.800-1008%231569510085.550231569510085.5500%31644028583.860+632%60556331190.334+282%46061125405.301+403%
Usd Price Per Share17.100-8%18.55018.5500%12.950+43%12.724+46%11.386+63%
Usd Profit---44374400000.000-44374400000.0000%87604000000.000-151%107047300000.000-141%110251871428.571-140%
Usd Revenue--2272962000000.0002272962000000.0000%2416362500000.000-6%2014740300000.000+13%1853135257142.857+23%
Usd Total Gains Per Share---4.163-4.1630%-5.755+38%-1.015-76%0.296-1509%
 EOD+4 -4MRQTTM+0 -0YOY+8 -275Y+6 -2910Y+8 -27

3.3 Fundamental Score

Let's check the fundamental score of Tata Steel Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-4.811
Price to Book Ratio (EOD)Between0-119.572
Net Profit Margin (MRQ)Greater than0-0.020
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.082
Current Ratio (MRQ)Greater than10.717
Debt to Asset Ratio (MRQ)Less than10.662
Debt to Equity Ratio (MRQ)Less than11.967
Return on Equity (MRQ)Greater than0.15-4.086
Return on Assets (MRQ)Greater than0.05-1.375
Total1/10 (10.0%)

3.4 Technical Score

Let's check the technical score of Tata Steel Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.902
Ma 20Greater thanMa 5016.855
Ma 50Greater thanMa 10017.904
Ma 100Greater thanMa 20018.167
OpenGreater thanClose16.950
Total0/5 (0.0%)

4. In-depth Analysis

4.1 About Tata Steel Limited

Tata Steel Limited manufactures and distributes steel products in India and internationally. It operates in Tata Steel India, Tata Steel Long Products, Other Indian Operations, Tata Steel Europe, Other Trade Related Operations, South-East Asian operations, and Rest of the World segments. The company offers hot-rolled (HR) and cold-rolled (CR) coated steel coils and sheets, precision tubes, tire bead wires, spring wires, and bearings, as well as auto ancillaries for the automotive market; and galvanized iron wires, agriculture and garden tools, and conveyance tubes, as well as fencing, farming, and irrigation equipment for the agriculture market. In addition, the company provides rebars, steel doors and windows, roofing sheets, plumbing pipes, tubes, prefabricated houses, water kiosks, modular toilets, office cabins, rooftop houses, EV charging stations, rebars and corrosion-resistance steels, cut and bend bars, PC strands, and ground granulated blast furnace slags for individual house builders, corporate and government bodies, infrastructure companies, and housing and commercial customers in the construction market. Further, it offers CR, coated, HR, tube, wire rod, ferro chrome and manganese, boiler tube, pipes, ferroshot, blast furnace slag, coal tar, and metallic coated coil and sheet products for use in panels and appliances, fabrication and capital goods, furniture, Liquid Petroleum Gas cylinders, as well as the process industries, such as cement, power, and steel in the industrial and general engineering markets. The company was incorporated in 1907 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-11-25 14:43:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Tata Steel Limited earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Tata Steel Limited to the Steel industry mean.
  • A Net Profit Margin of -2.0% means that $-0.02 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tata Steel Limited:

  • The MRQ is -2.0%. The company is making a loss. -1
  • The TTM is -2.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-2.0%TTM-2.0%0.0%
TTM-2.0%YOY3.6%-5.6%
TTM-2.0%5Y4.8%-6.8%
5Y4.8%10Y5.8%-1.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.0%2.9%-4.9%
TTM-2.0%2.5%-4.5%
YOY3.6%2.7%+0.9%
5Y4.8%3.6%+1.2%
10Y5.8%2.8%+3.0%
4.3.1.2. Return on Assets

Shows how efficient Tata Steel Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tata Steel Limited to the Steel industry mean.
  • -137.5% Return on Assets means that Tata Steel Limited generated $-1.38 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tata Steel Limited:

  • The MRQ is -137.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -137.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-137.5%TTM-137.5%0.0%
TTM-137.5%YOY257.8%-395.3%
TTM-137.5%5Y324.7%-462.3%
5Y324.7%10Y362.4%-37.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-137.5%0.8%-138.3%
TTM-137.5%0.9%-138.4%
YOY257.8%1.1%+256.7%
5Y324.7%1.4%+323.3%
10Y362.4%1.0%+361.4%
4.3.1.3. Return on Equity

Shows how efficient Tata Steel Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tata Steel Limited to the Steel industry mean.
  • -408.6% Return on Equity means Tata Steel Limited generated $-4.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tata Steel Limited:

  • The MRQ is -408.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -408.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-408.6%TTM-408.6%0.0%
TTM-408.6%YOY720.2%-1,128.8%
TTM-408.6%5Y863.9%-1,272.5%
5Y863.9%10Y1,063.7%-199.9%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-408.6%1.6%-410.2%
TTM-408.6%1.5%-410.1%
YOY720.2%2.2%+718.0%
5Y863.9%2.6%+861.3%
10Y1,063.7%1.9%+1,061.8%
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4.3.2. Operating Efficiency of Tata Steel Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Tata Steel Limited is operating .

  • Measures how much profit Tata Steel Limited 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 Tata Steel Limited to the Steel 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 Tata Steel Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY8.8%-8.8%
TTM-5Y10.1%-10.1%
5Y10.1%10Y10.7%-0.7%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.3%-5.3%
TTM-4.8%-4.8%
YOY8.8%4.2%+4.6%
5Y10.1%4.9%+5.2%
10Y10.7%4.3%+6.4%
4.3.2.2. Operating Ratio

Measures how efficient Tata Steel Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.56 means that the operating costs are $1.56 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Tata Steel Limited:

  • The MRQ is 1.559. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.559. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.559TTM1.5590.000
TTM1.559YOY1.374+0.185
TTM1.5595Y1.368+0.191
5Y1.36810Y1.361+0.007
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5591.268+0.291
TTM1.5591.198+0.361
YOY1.3741.039+0.335
5Y1.3681.038+0.330
10Y1.3611.048+0.313
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4.4.3. Liquidity of Tata Steel Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Tata Steel Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 0.72 means the company has $0.72 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Tata Steel Limited:

  • The MRQ is 0.717. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.717. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.717TTM0.7170.000
TTM0.717YOY0.890-0.173
TTM0.7175Y0.886-0.169
5Y0.88610Y0.945-0.059
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7171.643-0.926
TTM0.7171.707-0.990
YOY0.8901.724-0.834
5Y0.8861.668-0.782
10Y0.9451.503-0.558
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Tata Steel Limited to the Steel industry mean.
  • A Quick Ratio of 0.08 means the company can pay off $0.08 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tata Steel Limited:

  • The MRQ is 0.082. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.082. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.082TTM0.0820.000
TTM0.082YOY0.151-0.069
TTM0.0825Y0.189-0.107
5Y0.18910Y0.243-0.054
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0820.595-0.513
TTM0.0820.649-0.567
YOY0.1510.717-0.566
5Y0.1890.744-0.555
10Y0.2430.710-0.467
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4.5.4. Solvency of Tata Steel Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Tata Steel Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tata Steel Limited to Steel industry mean.
  • A Debt to Asset Ratio of 0.66 means that Tata Steel Limited assets are financed with 66.2% credit (debt) and the remaining percentage (100% - 66.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tata Steel Limited:

  • The MRQ is 0.662. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.662. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.662TTM0.6620.000
TTM0.662YOY0.635+0.027
TTM0.6625Y0.653+0.009
5Y0.65310Y0.667-0.013
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6620.447+0.215
TTM0.6620.449+0.213
YOY0.6350.463+0.172
5Y0.6530.471+0.182
10Y0.6670.503+0.164
4.5.4.2. Debt to Equity Ratio

Measures if Tata Steel Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tata Steel Limited to the Steel industry mean.
  • A Debt to Equity ratio of 196.7% means that company has $1.97 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tata Steel Limited:

  • The MRQ is 1.967. The company is just able to pay all its debts with equity.
  • The TTM is 1.967. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.967TTM1.9670.000
TTM1.967YOY1.774+0.193
TTM1.9675Y1.968-0.002
5Y1.96810Y2.090-0.121
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9670.800+1.167
TTM1.9670.841+1.126
YOY1.7740.867+0.907
5Y1.9680.957+1.011
10Y2.0901.115+0.975
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Tata Steel Limited generates.

  • Above 15 is considered overpriced but always compare Tata Steel Limited to the Steel industry mean.
  • A PE ratio of -5.22 means the investor is paying $-5.22 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tata Steel Limited:

  • The EOD is -4.811. Based on the earnings, the company is expensive. -2
  • The MRQ is -5.219. Based on the earnings, the company is expensive. -2
  • The TTM is -5.219. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.811MRQ-5.219+0.408
MRQ-5.219TTM-5.2190.000
TTM-5.219YOY0.361-5.580
TTM-5.2195Y-0.856-4.363
5Y-0.85610Y-0.587-0.269
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-4.8119.076-13.887
MRQ-5.2198.766-13.985
TTM-5.2198.817-14.036
YOY0.3617.035-6.674
5Y-0.8568.092-8.948
10Y-0.58710.937-11.524
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Tata Steel Limited:

  • The EOD is 863.894. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 937.148. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 937.148. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD863.894MRQ937.148-73.254
MRQ937.148TTM937.1480.000
TTM937.148YOY35.563+901.584
TTM937.1485Y197.018+740.130
5Y197.01810Y164.964+32.054
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD863.8942.232+861.662
MRQ937.1482.701+934.447
TTM937.1481.087+936.061
YOY35.5632.136+33.427
5Y197.0181.294+195.724
10Y164.9640.941+164.023
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 21.23 means the investor is paying $21.23 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Tata Steel Limited:

  • The EOD is 19.572. Based on the equity, the company is expensive. -2
  • The MRQ is 21.231. Based on the equity, the company is expensive. -2
  • The TTM is 21.231. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD19.572MRQ21.231-1.660
MRQ21.231TTM21.2310.000
TTM21.231YOY2.550+18.681
TTM21.2315Y5.468+15.763
5Y5.46810Y4.267+1.201
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD19.5720.919+18.653
MRQ21.2310.914+20.317
TTM21.2310.969+20.262
YOY2.5500.952+1.598
5Y5.4681.077+4.391
10Y4.2671.148+3.119
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

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

 2020-03-312021-03-312022-03-312023-03-312024-03-31
Net Income  15,565,40059,336,80074,902,200326,637,100401,539,300-313,935,30087,604,000-131,978,400-44,374,400
Net Income from Continuing Operations  23,366,90058,531,00081,897,900335,595,300417,493,200-336,739,70080,753,500-129,849,600-49,096,100



6.2. Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets2,734,235,000
Total Liabilities1,809,907,600
Total Stockholder Equity920,357,600
 As reported
Total Liabilities 1,809,907,600
Total Stockholder Equity+ 920,357,600
Total Assets = 2,734,235,000

Assets

Total Assets2,734,235,000
Total Current Assets705,482,400
Long-term Assets2,028,752,600
Total Current Assets
Cash And Cash Equivalents 70,808,400
Short-term Investments 17,741,700
Net Receivables 62,635,300
Inventory 491,575,100
Other Current Assets 8,943,100
Total Current Assets  (as reported)705,482,400
Total Current Assets  (calculated)651,703,600
+/- 53,778,800
Long-term Assets
Property Plant Equipment 1,759,857,800
Goodwill 57,453,000
Intangible Assets 14,390,200
Long-term Assets Other 2,357,500
Long-term Assets  (as reported)2,028,752,600
Long-term Assets  (calculated)1,834,058,500
+/- 194,694,100

Liabilities & Shareholders' Equity

Total Current Liabilities984,034,800
Long-term Liabilities825,872,800
Total Stockholder Equity920,357,600
Total Current Liabilities
Short Long Term Debt 299,971,900
Accounts payable 354,346,600
Other Current Liabilities 18,000
Total Current Liabilities  (as reported)984,034,800
Total Current Liabilities  (calculated)654,336,500
+/- 329,698,300
Long-term Liabilities
Long term Debt 515,767,300
Capital Lease Obligations Min Short Term Debt55,082,000
Long-term Liabilities Other 29,104,100
Long-term Liabilities  (as reported)825,872,800
Long-term Liabilities  (calculated)599,953,400
+/- 225,919,400
Total Stockholder Equity
Retained Earnings 348,157,300
Total Stockholder Equity (as reported)920,357,600
Total Stockholder Equity (calculated)348,157,300
+/- 572,200,300
Other
Capital Stock12,474,400
Common Stock Shares Outstanding 12,483,532
Net Debt 744,930,800
Net Invested Capital 1,736,096,800
Net Working Capital -278,552,400
Property Plant and Equipment Gross 2,830,363,900



6.3. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-31
> Total Assets 
2,097,579,400
2,335,823,900
2,504,194,500
2,454,872,100
2,854,456,000
2,880,217,400
2,734,235,000
2,734,235,0002,880,217,4002,854,456,0002,454,872,1002,504,194,5002,335,823,9002,097,579,400
   > Total Current Assets 
677,746,900
589,909,800
587,327,200
602,119,000
922,560,700
866,061,400
705,482,400
705,482,400866,061,400922,560,700602,119,000587,327,200589,909,800677,746,900
       Cash And Cash Equivalents 
77,835,000
29,755,300
75,419,600
55,320,800
156,046,800
121,299,000
70,808,400
70,808,400121,299,000156,046,80055,320,80075,419,60029,755,30077,835,000
       Short-term Investments 
154,654,000
29,621,200
37,871,000
86,095,300
108,302,900
62,929,300
17,741,700
17,741,70062,929,300108,302,90086,095,30037,871,00029,621,200154,654,000
       Net Receivables 
127,775,600
122,267,400
82,777,200
97,325,000
123,426,700
84,116,800
62,635,300
62,635,30084,116,800123,426,70097,325,00082,777,200122,267,400127,775,600
       Inventory 
283,310,400
316,561,000
310,687,200
332,763,800
488,243,900
544,153,300
491,575,100
491,575,100544,153,300488,243,900332,763,800310,687,200316,561,000283,310,400
       Other Current Assets 
39,736,200
96,077,500
84,124,500
44,520,500
69,599,100
80,191,700
8,943,100
8,943,10080,191,70069,599,10044,520,50084,124,50096,077,50039,736,200
   > Long-term Assets 
1,418,807,800
1,745,914,100
1,916,867,300
1,852,753,100
1,928,889,900
2,013,562,000
2,028,752,600
2,028,752,6002,013,562,0001,928,889,9001,852,753,1001,916,867,3001,745,914,1001,418,807,800
       Property Plant Equipment 
1,064,825,800
1,364,074,800
1,483,822,500
1,483,826,900
1,493,050,100
1,582,271,600
1,759,857,800
1,759,857,8001,582,271,6001,493,050,1001,483,826,9001,483,822,5001,364,074,8001,064,825,800
       Goodwill 
40,994,500
39,966,200
40,545,300
43,446,900
43,112,000
56,016,500
57,453,000
57,453,00056,016,50043,112,00043,446,90040,545,30039,966,20040,994,500
       Intangible Assets 
8,492,700
14,950,900
16,107,100
20,552,000
52,904,000
140,056,700
14,390,200
14,390,200140,056,70052,904,00020,552,00016,107,10014,950,9008,492,700
       Other Assets 
262,641,500
283,188,900
347,935,900
269,898,900
332,407,600
187,889,000
0
0187,889,000332,407,600269,898,900347,935,900283,188,900262,641,500
> Total Liabilities 
1,479,508,000
1,622,928,500
1,742,565,500
1,679,787,600
1,683,471,400
1,828,465,300
1,809,907,600
1,809,907,6001,828,465,3001,683,471,4001,679,787,6001,742,565,5001,622,928,5001,479,508,000
   > Total Current Liabilities 
556,614,100
610,341,300
616,609,100
708,671,300
905,880,000
972,951,300
984,034,800
984,034,800972,951,300905,880,000708,671,300616,609,100610,341,300556,614,100
       Short Long Term Debt 
191,056,400
200,790,300
210,976,900
149,689,700
240,646,100
265,713,700
299,971,900
299,971,900265,713,700240,646,100149,689,700210,976,900200,790,300191,056,400
       Accounts payable 
160,006,100
172,701,600
178,172,100
218,159,000
310,686,700
324,545,500
354,346,600
354,346,600324,545,500310,686,700218,159,000178,172,100172,701,600160,006,100
       Other Current Liabilities 
82,036,700
103,852,300
104,829,000
185,747,300
149,707,700
189,912,700
18,000
18,000189,912,700149,707,700185,747,300104,829,000103,852,30082,036,700
   > Long-term Liabilities 
922,893,900
1,012,587,200
1,125,956,400
971,116,300
777,591,400
855,514,000
825,872,800
825,872,800855,514,000777,591,400971,116,3001,125,956,4001,012,587,200922,893,900
       Long term Debt 
699,203,000
768,838,900
882,084,500
656,980,100
447,640,700
514,463,300
515,767,300
515,767,300514,463,300447,640,700656,980,100882,084,500768,838,900699,203,000
       Capital Lease Obligations Min Short Term Debt
31,211,100
38,533,000
70,220,600
78,344,300
67,326,700
68,753,500
55,082,000
55,082,00068,753,50067,326,70078,344,30070,220,60038,533,00031,211,100
       Other Liabilities 
195,002,900
209,159,900
184,906,700
247,028,400
272,986,100
282,939,900
0
0282,939,900272,986,100247,028,400184,906,700209,159,900195,002,900
       Long-term Liabilities Other 
354,700
197,700
0
5,763,700
55,960,600
44,672,700
29,104,100
29,104,10044,672,70055,960,6005,763,7000197,700354,700
       Deferred Long Term Liability 
544,700
241,000
79,500
1,100
400
0
0
004001,10079,500241,000544,700
> Total Stockholder Equity
608,706,200
689,250,800
735,763,000
742,387,700
1,144,430,400
1,030,821,000
920,357,600
920,357,6001,030,821,0001,144,430,400742,387,700735,763,000689,250,800608,706,200
   Common Stock
11,447,500
11,447,400
11,447,500
11,974,100
12,210,100
12,209,900
0
012,209,90012,210,10011,974,10011,447,50011,447,40011,447,500
   Retained Earnings 
199,915,400
262,457,300
303,190,400
286,683,400
678,401,700
603,599,000
348,157,300
348,157,300603,599,000678,401,700286,683,400303,190,400262,457,300199,915,400
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
119,569,300
137,565,200
143,343,900
134,104,200
140,951,300
102,131,300
0
0102,131,300140,951,300134,104,200143,343,900137,565,200119,569,300



6.4. Balance Sheets

Currency in INR. All numbers in thousands.




6.5. Cash Flows

Currency in INR. All numbers in thousands.




6.6. Income Statements

Currency in USD. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue2,272,962,000
Cost of Revenue-1,374,925,700
Gross Profit898,036,300898,036,300
 
Operating Income (+$)
Gross Profit898,036,300
Operating Expense-2,168,298,200
Operating Income104,663,800-1,270,261,900
 
Operating Expense (+$)
Research Development-
Selling General Administrative136,423,800
Selling And Marketing Expenses-
Operating Expense2,168,298,200136,423,800
 
Net Interest Income (+$)
Interest Income4,708,200
Interest Expense-75,075,700
Other Finance Cost-0
Net Interest Income-70,367,500
 
Pretax Income (+$)
Operating Income104,663,800
Net Interest Income-70,367,500
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-11,470,400104,663,800
EBIT - interestExpense = -75,075,700
-44,374,400
30,701,300
Interest Expense75,075,700
Earnings Before Interest and Taxes (EBIT)-63,605,300
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-11,470,400
Tax Provision-37,625,700
Net Income From Continuing Ops-49,096,100-49,096,100
Net Income-44,374,400
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-70,367,500
 

Technical Analysis of Tata Steel Limited
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 Tata Steel Limited. The general trend of Tata Steel Limited is BEARISH 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 Tata Steel Limited'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 Tata Steel Limited.

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: 17.05 < 17.20 < 19.00.

The bearish price targets are: 15.78 > 15.19 > 15.00.

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Tata Steel Limited 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 Tata Steel Limited. The current mas is .

The long score for the Moving Averages is 2/14.
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 above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Tata Steel Limited 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 Tata Steel Limited. The current macd is -0.23545529.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Tata Steel Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Tata Steel Limited. 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 Tata Steel Limited 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
Tata Steel Limited Daily Moving Average Convergence/Divergence (MACD) ChartTata Steel Limited 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 Tata Steel Limited. The current adx is 38.03.

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 Tata Steel Limited 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
Tata Steel Limited 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 Tata Steel Limited. The current sar is 18.33.

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
Tata Steel Limited 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 Tata Steel Limited. The current rsi is 49.90. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Tata Steel Limited Daily Relative Strength Index (RSI) ChartTata Steel Limited 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 Tata Steel Limited. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Tata Steel Limited price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Tata Steel Limited Daily Stochastic Oscillator ChartTata Steel Limited 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 Tata Steel Limited. The current cci is 37.78.

Tata Steel Limited Daily Commodity Channel Index (CCI) ChartTata Steel Limited 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 Tata Steel Limited. The current cmo is 8.97365141.

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
Tata Steel Limited Daily Chande Momentum Oscillator (CMO) ChartTata Steel Limited 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 Tata Steel Limited. The current willr is -10.63829787.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Tata Steel Limited Daily Williams %R ChartTata Steel Limited 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 Tata Steel Limited.

Tata Steel Limited 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 Tata Steel Limited. The current atr is 0.54289313.

Tata Steel Limited Daily Average True Range (ATR) ChartTata Steel Limited 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 Tata Steel Limited. The current obv is 776,166.

Tata Steel Limited Daily On-Balance Volume (OBV) ChartTata Steel Limited 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 Tata Steel Limited. The current mfi is 31.75.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Tata Steel Limited Daily Money Flow Index (MFI) ChartTata Steel Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tata Steel Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-07-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-07-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-23STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-31MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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).
2024-08-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-24DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-10-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-10-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-10-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-11-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-06SAR 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
2024-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-11-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-11-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-11-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Tata Steel Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Tata Steel Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.902
Ma 20Greater thanMa 5016.855
Ma 50Greater thanMa 10017.904
Ma 100Greater thanMa 20018.167
OpenGreater thanClose16.950
Total0/5 (0.0%)
Penke
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