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Touch Ventures Ltd
Buy, Hold or Sell?

Let's analyse Touch Ventures Ltd together

PenkeI guess you are interested in Touch Ventures Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Touch Ventures Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Touch Ventures Ltd (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
A$0.15
Expected worth in 1 year
A$0.13
How sure are you?
20.0%

+ What do you gain per year?

Total Gains per Share
A$-0.02
Return On Investment
-29.0%

For what price can you sell your share?

Current Price per Share
A$0.08
Expected price per share
A$0.08 - A$0.09
How sure are you?
50%

1. Valuation of Touch Ventures Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.08

2. Growth of Touch Ventures Ltd (5 min.)




Is Touch Ventures Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$69.7m$87.3m-$13m-17.5%

How much money is Touch Ventures Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.4m-$13.9m$11.4m463.4%
Net Profit Margin43.5%99.5%--

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

3. Financial Health of Touch Ventures Ltd (5 min.)




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

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

What can you expect buying and holding a share of Touch Ventures Ltd?

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

Speculation

The Price per Share of Touch Ventures Ltd is A$0.082. 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 Touch Ventures Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Touch Ventures Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.15. Based on the TTM, the Book Value Change Per Share is A$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.03 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Touch Ventures Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-7.7%0.00-4.3%-0.02-30.2%-0.01-10.1%-0.01-10.1%
Usd Book Value Change Per Share0.000.0%0.00-4.6%-0.02-23.8%0.0111.8%0.0111.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.00-4.6%-0.02-23.8%0.0111.8%0.0111.8%
Usd Price Per Share0.04-0.05-0.07-0.09-0.09-
Price to Earnings Ratio-1.77--12.10--0.76--132.57--132.57-
Price-to-Total Gains Ratio-25.63--2.48--10.83--10.83-
Price to Book Ratio0.46-0.50-0.56-0.85-0.85-
Price-to-Total Gains Ratio-25.63--2.48--10.83--10.83-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0525128
Number of shares19042
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (19042 shares)-72.60183.81
Gains per Year (19042 shares)-290.40735.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-290-3000735725
20-581-590014711460
30-871-880022062195
40-1162-1170029412930
50-1452-1460036763665
60-1742-1750044124400
70-2033-2040051475135
80-2323-2330058825870
90-2614-2620066176605
100-2904-2910073537340

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 Share0.04.00.00.0%1.09.00.010.0%1.09.00.010.0%1.09.00.010.0%1.09.00.010.0%
Book Value Change Per Share0.02.02.00.0%2.04.04.020.0%2.04.04.020.0%2.04.04.020.0%2.04.04.020.0%
Dividend per Share0.00.04.00.0%0.00.010.00.0%0.00.010.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share0.02.02.00.0%2.04.04.020.0%2.04.04.020.0%2.04.04.020.0%2.04.04.020.0%

Fundamentals of Touch Ventures Ltd

About Touch Ventures Ltd

Touch Ventures Limited is a private equity and capital venture firm specializing in post revenue and later stage companies and smaller investments in early-stage opportunities. The firm seeks to invest in retail innovation, consumer, finance and data. It typically invests between $10 million and more than $25 million. Touch Ventures Limited was founded in 2016 and is based in Sydney, Australia with additional office in Victoria, Australia.

Fundamental data was last updated by Penke on 2024-03-29 10:56:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Touch Ventures Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Touch Ventures Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Touch Ventures Ltd to the  industry mean.
  • A Net Profit Margin of 113.3% means that $1.13 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Touch Ventures Ltd:

  • The MRQ is 113.3%. The company is making a huge profit. +2
  • The TTM is 43.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ113.3%TTM43.5%+69.9%
TTM43.5%YOY99.5%-56.0%
TTM43.5%5Y54.5%-11.0%
5Y54.5%10Y54.5%0.0%
1.1.2. Return on Assets

Shows how efficient Touch Ventures Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Touch Ventures Ltd to the  industry mean.
  • -6.5% Return on Assets means that Touch Ventures Ltd generated $-0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Touch Ventures Ltd:

  • The MRQ is -6.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-6.5%TTM-3.5%-3.0%
TTM-3.5%YOY-15.6%+12.1%
TTM-3.5%5Y-4.6%+1.1%
5Y-4.6%10Y-4.6%0.0%
1.1.3. Return on Equity

Shows how efficient Touch Ventures Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Touch Ventures Ltd to the  industry mean.
  • -6.6% Return on Equity means Touch Ventures Ltd generated $-0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Touch Ventures Ltd:

  • The MRQ is -6.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-6.6%TTM-3.5%-3.1%
TTM-3.5%YOY-15.7%+12.2%
TTM-3.5%5Y-4.6%+1.1%
5Y-4.6%10Y-4.6%0.0%

1.2. Operating Efficiency of Touch Ventures Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Touch Ventures Ltd is operating .

  • Measures how much profit Touch Ventures Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Touch Ventures Ltd to the  industry mean.
  • An Operating Margin of 116.9% means the company generated $1.17  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Touch Ventures Ltd:

  • The MRQ is 116.9%. The company is operating very efficient. +2
  • The TTM is 22.2%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ116.9%TTM22.2%+94.7%
TTM22.2%YOY70.9%-48.7%
TTM22.2%5Y24.3%-2.1%
5Y24.3%10Y24.3%0.0%
1.2.2. Operating Ratio

Measures how efficient Touch Ventures Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of -0.25 means that the operating costs are $-0.25 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Touch Ventures Ltd:

  • The MRQ is -0.253.
  • The TTM is 0.650. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ-0.253TTM0.650-0.903
TTM0.650YOY-0.025+0.676
TTM0.6505Y0.253+0.398
5Y0.25310Y0.2530.000

1.3. Liquidity of Touch Ventures Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Touch Ventures Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 94.74 means the company has $94.74 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Touch Ventures Ltd:

  • The MRQ is 94.745. The company is very able to pay all its short-term debts. +2
  • The TTM is 114.864. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ94.745TTM114.864-20.119
TTM114.864YOY135.813-20.949
TTM114.8645Y98.311+16.553
5Y98.31110Y98.3110.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Touch Ventures Ltd to the  industry mean.
  • A Quick Ratio of 175.85 means the company can pay off $175.85 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Touch Ventures Ltd:

  • The MRQ is 175.854. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 213.107. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ175.854TTM213.107-37.252
TTM213.107YOY158.697+54.409
TTM213.1075Y139.650+73.457
5Y139.65010Y139.6500.000

1.4. Solvency of Touch Ventures Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Touch Ventures Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Touch Ventures Ltd to industry mean.
  • A Debt to Asset Ratio of 0.01 means that Touch Ventures Ltd assets are financed with 0.6% credit (debt) and the remaining percentage (100% - 0.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Touch Ventures Ltd:

  • The MRQ is 0.006. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.005. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.006TTM0.005+0.001
TTM0.005YOY0.003+0.002
TTM0.0055Y0.005+0.000
5Y0.00510Y0.0050.000
1.4.2. Debt to Equity Ratio

Measures if Touch Ventures Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Touch Ventures Ltd to the  industry mean.
  • A Debt to Equity ratio of 0.6% means that company has $0.01 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Touch Ventures Ltd:

  • The MRQ is 0.006. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.005. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.006TTM0.005+0.001
TTM0.005YOY0.003+0.002
TTM0.0055Y0.005+0.000
5Y0.00510Y0.0050.000

2. Market Valuation of Touch Ventures Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Touch Ventures Ltd generates.

  • Above 15 is considered overpriced but always compare Touch Ventures Ltd to the  industry mean.
  • A PE ratio of -1.77 means the investor is paying $-1.77 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Touch Ventures Ltd:

  • The EOD is -2.069. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.767. Based on the earnings, the company is expensive. -2
  • The TTM is -12.095. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.069MRQ-1.767-0.303
MRQ-1.767TTM-12.095+10.329
TTM-12.095YOY-0.764-11.332
TTM-12.0955Y-132.574+120.478
5Y-132.57410Y-132.5740.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -33.519. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -28.614. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -29.443. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-33.519MRQ-28.614-4.905
MRQ-28.614TTM-29.443+0.829
TTM-29.443YOY-14.833-14.609
TTM-29.4435Y-25.491-3.952
5Y-25.49110Y-25.4910.000
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.46 means the investor is paying $0.46 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Touch Ventures Ltd:

  • The EOD is 0.544. Based on the equity, the company is cheap. +2
  • The MRQ is 0.464. Based on the equity, the company is cheap. +2
  • The TTM is 0.502. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.544MRQ0.464+0.080
MRQ0.464TTM0.502-0.038
TTM0.502YOY0.563-0.060
TTM0.5025Y0.846-0.344
5Y0.84610Y0.8460.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Touch Ventures Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share----0.0060%-0.0300%0.015-100%0.015-100%
Book Value Per Share--0.1510.162-7%0.191-21%0.175-14%0.175-14%
Current Ratio--94.745114.864-18%135.813-30%98.311-4%98.311-4%
Debt To Asset Ratio--0.0060.005+17%0.003+86%0.005+19%0.005+19%
Debt To Equity Ratio--0.0060.005+17%0.003+86%0.005+19%0.005+19%
Dividend Per Share----0%-0%-0%-0%
Eps---0.010-0.006-44%-0.039+291%-0.013+30%-0.013+30%
Free Cash Flow Per Share---0.001-0.001+13%-0.002+272%-0.005+647%-0.005+647%
Free Cash Flow To Equity Per Share---0.001-0.001+29%-0.002+261%0.010-107%0.010-107%
Gross Profit Margin--1.0911.513-28%1.031+6%1.215-10%1.215-10%
Market Cap58496338.688+14%50589840.00058475966.272-13%75855008.299-33%100719692.774-50%100719692.774-50%
Net Profit Margin--1.1330.435+161%0.995+14%0.545+108%0.545+108%
Operating Margin--1.1690.222+427%0.709+65%0.243+381%0.243+381%
Operating Ratio---0.2530.650-139%-0.025-90%0.253-200%0.253-200%
Pb Ratio0.544+15%0.4640.502-8%0.563-17%0.846-45%0.846-45%
Pe Ratio-2.069-17%-1.767-12.095+585%-0.764-57%-132.574+7405%-132.574+7405%
Price Per Share0.082+15%0.0700.082-14%0.106-34%0.141-50%0.141-50%
Price To Free Cash Flow Ratio-33.519-17%-28.614-29.443+3%-14.833-48%-25.491-11%-25.491-11%
Quick Ratio--175.854213.107-17%158.697+11%139.650+26%139.650+26%
Return On Assets---0.065-0.035-47%-0.156+139%-0.046-30%-0.046-30%
Return On Equity---0.066-0.035-47%-0.157+139%-0.046-30%-0.046-30%
Total Gains Per Share----0.0060%-0.0300%0.015-100%0.015-100%
Usd Book Value--69763895.20074299208.000-6%87334763.467-20%80011511.960-13%80011511.960-13%
Usd Book Value Change Per Share----0.0040%-0.0200%0.010-100%0.010-100%
Usd Book Value Per Share--0.0970.104-7%0.122-21%0.112-14%0.112-14%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.006-0.004-44%-0.025+291%-0.008+30%-0.008+30%
Usd Free Cash Flow---283056.800-317958.280+12%-1040009.600+267%-2086455.092+637%-2086455.092+637%
Usd Free Cash Flow Per Share--0.0000.000+13%-0.001+272%-0.003+647%-0.003+647%
Usd Free Cash Flow To Equity Per Share--0.000-0.001+29%-0.002+261%0.006-107%0.006-107%
Usd Market Cap37461055.296+14%32397733.53637448008.801-13%48577547.314-33%64500891.253-50%64500891.253-50%
Usd Price Per Share0.053+15%0.0450.052-14%0.068-34%0.090-50%0.090-50%
Usd Profit---4584943.800-2469222.300-46%-13910555.333+203%-4278320.280-7%-4278320.280-7%
Usd Revenue---4045727.000-1352684.900-67%-14186354.267+251%-3792064.560-6%-3792064.560-6%
Usd Total Gains Per Share----0.0040%-0.0200%0.010-100%0.010-100%
 EOD+5 -2MRQTTM+10 -19YOY+20 -95Y+12 -2110Y+12 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.069
Price to Book Ratio (EOD)Between0-10.544
Net Profit Margin (MRQ)Greater than01.133
Operating Margin (MRQ)Greater than01.169
Quick Ratio (MRQ)Greater than1175.854
Current Ratio (MRQ)Greater than194.745
Debt to Asset Ratio (MRQ)Less than10.006
Debt to Equity Ratio (MRQ)Less than10.006
Return on Equity (MRQ)Greater than0.15-0.066
Return on Assets (MRQ)Greater than0.05-0.065
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.763
Ma 20Greater thanMa 500.078
Ma 50Greater thanMa 1000.076
Ma 100Greater thanMa 2000.076
OpenGreater thanClose0.080
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets109,576
Total Liabilities638
Total Stockholder Equity108,938
 As reported
Total Liabilities 638
Total Stockholder Equity+ 108,938
Total Assets = 109,576

Assets

Total Assets109,576
Total Current Assets59,784
Long-term Assets49,386
Total Current Assets
Cash And Cash Equivalents 5,374
Short-term Investments 52,795
Other Current Assets 1,615
Total Current Assets  (as reported)59,784
Total Current Assets  (calculated)59,784
+/- 0
Long-term Assets
Property Plant Equipment 140
Intangible Assets 43
Other Assets 406
Long-term Assets  (as reported)49,386
Long-term Assets  (calculated)589
+/- 48,797

Liabilities & Shareholders' Equity

Total Current Liabilities631
Long-term Liabilities0
Total Stockholder Equity108,938
Total Current Liabilities
Other Current Liabilities 631
Total Current Liabilities  (as reported)631
Total Current Liabilities  (calculated)631
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock196,525
Retained Earnings -89,844
Other Stockholders Equity 2,257
Total Stockholder Equity (as reported)108,938
Total Stockholder Equity (calculated)108,938
+/-0
Other
Cash and Short Term Investments 58,169
Common Stock Shares Outstanding 722,712
Net Debt -5,374
Net Working Capital 59,153



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302021-12-312021-09-302021-06-302021-03-31
> Total Assets 
0
93,755
0
191,353
160,522
124,938
124,938
123,613
123,613
109,576
109,576
109,576109,576123,613123,613124,938124,938160,522191,353093,7550
   > Total Current Assets 
10,332
10,332
79,353
79,353
64,412
54,251
54,251
63,577
63,577
59,784
59,784
59,78459,78463,57763,57754,25154,25164,41279,35379,35310,33210,332
       Cash And Cash Equivalents 
0
10,218
0
78,658
64,069
38,721
38,721
7,773
7,773
5,374
5,374
5,3745,3747,7737,77338,72138,72164,06978,658010,2180
       Short-term Investments 
0
0
0
0
0
15,025
15,025
55,073
55,073
52,795
52,795
52,79552,79555,07355,07315,02515,02500000
       Net Receivables 
67
67
161
161
131
0
0
0
0
0
0
0000001311611616767
       Other Current Assets 
31
31
175
175
36
505
505
731
731
1,615
1,615
1,6151,615731731505505361751753131
   > Long-term Assets 
0
0
0
0
0
68,541
68,541
59,630
59,630
49,386
49,386
49,38649,38659,63059,63068,54168,54100000
       Property Plant Equipment 
2
2
0
0
0
0
0
193
193
140
140
1401401931930000022
       Intangible Assets 
0
0
0
20
25
35
35
43
43
43
43
4343434335352520000
       Other Assets 
0
0
0
0
0
2,146
2,146
406
406
406
406
4064064064062,1462,14600000
> Total Liabilities 
0
507
0
1,656
432
420
420
511
511
638
638
6386385115114204204321,65605070
   > Total Current Liabilities 
507
507
1,656
1,656
432
420
420
471
471
631
631
6316314714714204204321,6561,656507507
       Other Current Liabilities 
0
0
0
0
0
420
420
471
471
631
631
63163147147142042000000
   > Long-term Liabilities 00000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
40
0
0
004000000000
> Total Stockholder Equity
0
93,248
0
189,697
160,090
124,518
124,518
123,102
123,102
108,938
108,938
108,938108,938123,102123,102124,518124,518160,090189,697093,2480
   Retained Earnings -89,844-89,844-75,525-75,525-74,421-74,421-37,102-9,256-9,256-9,042-9,042
   Accumulated Other Comprehensive Income 00000000000
   Capital Surplus 00000000000
   Treasury Stock00000000000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

All numbers in thousands.


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

Gross Profit (+$)
totalRevenue-8,449
Cost of Revenue-5,489
Gross Profit-13,938-13,938
 
Operating Income (+$)
Gross Profit-13,938
Operating Expense-4,207
Operating Income-17,807-18,145
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,138
Selling And Marketing Expenses2,335
Operating Expense4,2073,473
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-17,807
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-15,423-20,191
EBIT - interestExpense = -17,807
-15,423
-15,423
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-17,807-15,423
Earnings Before Interest and Taxes (EBITDA)-17,713
 
After tax Income (+$)
Income Before Tax-15,423
Tax Provision-0
Net Income From Continuing Ops0-15,423
Net Income-15,423
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses9,696
Total Other Income/Expenses Net2,3840
 

Technical Analysis of Touch Ventures Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Touch Ventures Ltd. The general trend of Touch Ventures Ltd is BULLISH with 57.1% 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 Touch Ventures Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
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 Touch Ventures Ltd.

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

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

The bullish price targets are: 0.083 < 0.09 < 0.09.

The bearish price targets are: 0.08 > 0.08 > 0.08.

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Touch Ventures Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Touch Ventures Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Directionalities and relatives.

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

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

Touch Ventures Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Touch Ventures Ltd. The current macd is 0.00114951.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Touch Ventures Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Touch Ventures Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Touch Ventures Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Touch Ventures Ltd Daily Moving Average Convergence/Divergence (MACD) ChartTouch Ventures Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Touch Ventures Ltd. The current adx is 26.14.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Touch Ventures Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Touch Ventures Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Touch Ventures Ltd. The current sar is 0.07748419.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Touch Ventures Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Touch Ventures Ltd. The current rsi is 61.76. 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
Touch Ventures Ltd Daily Relative Strength Index (RSI) ChartTouch Ventures Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Touch Ventures Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-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 Touch Ventures Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Touch Ventures Ltd Daily Stochastic Oscillator ChartTouch Ventures Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Touch Ventures Ltd. The current cci is 123.36.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Touch Ventures Ltd Daily Commodity Channel Index (CCI) ChartTouch Ventures Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Touch Ventures Ltd. The current cmo is 32.38.

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
Touch Ventures Ltd Daily Chande Momentum Oscillator (CMO) ChartTouch Ventures Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Touch Ventures Ltd. The current willr is -14.28571429.

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
Touch Ventures Ltd Daily Williams %R ChartTouch Ventures Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Touch Ventures Ltd.

Touch Ventures Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Touch Ventures Ltd. The current atr is 0.00150685.

Touch Ventures Ltd Daily Average True Range (ATR) ChartTouch Ventures Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Touch Ventures Ltd. The current obv is -22,691,744.

Touch Ventures Ltd Daily On-Balance Volume (OBV) ChartTouch Ventures Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Touch Ventures Ltd. The current mfi is 66.93.

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
Touch Ventures Ltd Daily Money Flow Index (MFI) ChartTouch Ventures Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Touch Ventures Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-15DMI 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.
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).
2023-12-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-17MACD 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.
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).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH 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).
2024-01-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-28STOCH 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-26MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-02DMI 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
2024-04-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-17STOCH 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).

6.3. Candlestick Patterns

Touch Ventures Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.763
Ma 20Greater thanMa 500.078
Ma 50Greater thanMa 1000.076
Ma 100Greater thanMa 2000.076
OpenGreater thanClose0.080
Total3/5 (60.0%)
Penke

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