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Ternium Argentina SA
Buy, Hold or Sell?

Let's analyse Ar together

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

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

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

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Quick analysis of Ar (30 sec.)










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

How much money do you get?

How much money do you get?
ARS0.00
When do you have the money?
1 year
How often do you get paid?
42.9%

What is your share worth?

Current worth
ARS370.05
Expected worth in 1 year
ARS585.62
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
ARS215.57
Return On Investment
23.3%

For what price can you sell your share?

Current Price per Share
ARS925.00
Expected price per share
ARS747.00 - ARS1,200
How sure are you?
50%
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1. Valuation of Ar (5 min.)




Live pricePrice per Share (EOD)

ARS925.00

Intrinsic Value Per Share

ARS755.66 - ARS900.40

Total Value Per Share

ARS1,125.71 - ARS1,270.44

2. Growth of Ar (5 min.)




Is Ar growing?

Current yearPrevious yearGrowGrow %
How rich?$2b$675m$753.4m52.7%

How much money is Ar making?

Current yearPrevious yearGrowGrow %
Making money$37.3m$39m-$1.7m-4.6%
Net Profit Margin15.6%30.5%--

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

3. Financial Health of Ar (5 min.)




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




  Industry Rankings (Steel)  


Richest
#64 / 332

Most Revenue
#152 / 332

Most Profit
#73 / 332
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What can you expect buying and holding a share of Ar? (5 min.)

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

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

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

Speculation

The Price per Share of Ar is ARS925.00. 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 Ar.
  • 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 Ar, 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 ARS370.05. Based on the TTM, the Book Value Change Per Share is ARS53.89 per quarter. Based on the YOY, the Book Value Change Per Share is ARS17.34 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ARS0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ar.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per Share
Usd Eps0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.120.0%0.060.0%0.020.0%0.030.0%0.030.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.120.0%0.060.0%0.020.0%0.030.0%0.030.0%
Usd Price Per Share0.73-0.45-0.16-0.20-0.20-
Price to Earnings Ratio28.44-4.28-5.22--3,560.32--3,560.32-
Price-to-Total Gains Ratio5.91-7.44-8.17-6.95-6.95-
Price to Book Ratio1.65-1.36-1.09-1.09-1.09-
Price-to-Total Gains Ratio5.91-7.44-8.17-6.95-6.95-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.11
Number of shares900
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.060.03
Usd Total Gains Per Share0.060.03
Gains per Quarter (900 shares)58.2028.59
Gains per Year (900 shares)232.81114.36
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102332230114104
204664560228218
306986891343332
409319221457446
50116411551571560
60139713881685674
70163016211799788
80186318541913902
9020952087210281016
10023282320211421130

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%12.02.00.085.7%12.02.00.085.7%12.02.00.085.7%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%
Dividend per Share0.00.04.00.0%6.00.06.050.0%6.00.08.042.9%6.00.08.042.9%6.00.08.042.9%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%14.00.00.0100.0%
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Fundamentals of Ar

About Ternium Argentina SA

Ternium Argentina S.A., together with its subsidiaries, manufactures and processes various steel products in Argentina. It operates through two segments, Steel and Mining. The company offers hot and cold rolled coils, straps, and sheets; galvanized, prepainted, cincalum, and electrogalvanized coated steel; mechanical and structural use, and general purpose tubes; U and C steel profile; and tin products. In addition, it provides slabs, roll-formed and tabular, billets, bars, iron ore, pellets, and other products. It serves the construction, automotive, white line, agro, packaging, transport, energy, appliance, and machinery industries. The company was formerly known as Siderar S.A.I.C. The company was incorporated in 1962 and is headquartered in Buenos Aires, Argentina. Ternium Argentina S.A. operates as a subsidiary of Ternium Internacional España S.L.U.

Fundamental data was last updated by Penke on 2024-02-20 18:43:05.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Ternium Argentina SA.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Ar to the Steel industry mean.
  • A Net Profit Margin of 8.7% means that $0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ternium Argentina SA:

  • The MRQ is 8.7%. The company is making a profit. +1
  • The TTM is 15.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ8.7%TTM15.6%-6.9%
TTM15.6%YOY30.5%-14.9%
TTM15.6%5Y25.1%-9.5%
5Y25.1%10Y25.1%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ8.7%2.9%+5.8%
TTM15.6%2.6%+13.0%
YOY30.5%5.7%+24.8%
5Y25.1%3.4%+21.7%
10Y25.1%2.8%+22.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ar to the Steel industry mean.
  • 1.3% Return on Assets means that Ar generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ternium Argentina SA:

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.3%TTM2.3%-1.0%
TTM2.3%YOY5.4%-3.1%
TTM2.3%5Y4.5%-2.3%
5Y4.5%10Y4.5%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%1.1%+0.2%
TTM2.3%1.1%+1.2%
YOY5.4%2.1%+3.3%
5Y4.5%1.4%+3.1%
10Y4.5%1.0%+3.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ar to the Steel industry mean.
  • 1.4% Return on Equity means Ar generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ternium Argentina SA:

  • The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM2.5%-1.1%
TTM2.5%YOY6.1%-3.6%
TTM2.5%5Y5.1%-2.6%
5Y5.1%10Y5.1%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%2.4%-1.0%
TTM2.5%1.9%+0.6%
YOY6.1%4.4%+1.7%
5Y5.1%2.7%+2.4%
10Y5.1%1.9%+3.2%
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1.2. Operating Efficiency of Ternium Argentina SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ar is operating .

  • Measures how much profit Ar 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 Ar 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 Ternium Argentina SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.0%-6.0%
TTM6.0%YOY24.3%-18.3%
TTM6.0%5Y17.4%-11.4%
5Y17.4%10Y17.4%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM6.0%3.3%+2.7%
YOY24.3%7.0%+17.3%
5Y17.4%5.6%+11.8%
10Y17.4%4.1%+13.3%
1.2.2. Operating Ratio

Measures how efficient Ar is keeping operating costs low.

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

Let's take a look of the Operating Ratio trends of Ternium Argentina SA:

  • The MRQ is 1.473. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.436. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.473TTM1.436+0.037
TTM1.436YOY1.432+0.004
TTM1.4365Y1.466-0.030
5Y1.46610Y1.4660.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4731.708-0.235
TTM1.4361.708-0.272
YOY1.4321.604-0.172
5Y1.4661.636-0.170
10Y1.4661.387+0.079
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1.3. Liquidity of Ternium Argentina SA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 4.15 means the company has $4.15 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ternium Argentina SA:

  • The MRQ is 4.148. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.666. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.148TTM4.666-0.518
TTM4.666YOY4.065+0.601
TTM4.6665Y4.061+0.605
5Y4.06110Y4.0610.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.1481.705+2.443
TTM4.6661.736+2.930
YOY4.0651.649+2.416
5Y4.0611.609+2.452
10Y4.0611.432+2.629
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ar to the Steel industry mean.
  • A Quick Ratio of 2.50 means the company can pay off $2.50 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ternium Argentina SA:

  • The MRQ is 2.501. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.762. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.501TTM2.762-0.260
TTM2.762YOY2.134+0.628
TTM2.7625Y1.873+0.889
5Y1.87310Y1.8730.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5010.608+1.893
TTM2.7620.639+2.123
YOY2.1340.714+1.420
5Y1.8730.686+1.187
10Y1.8730.620+1.253
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1.4. Solvency of Ternium Argentina SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ar to Steel industry mean.
  • A Debt to Asset Ratio of 0.11 means that Ar assets are financed with 11.0% credit (debt) and the remaining percentage (100% - 11.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ternium Argentina SA:

  • The MRQ is 0.110. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.101. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.110TTM0.101+0.009
TTM0.101YOY0.112-0.011
TTM0.1015Y0.110-0.010
5Y0.11010Y0.1100.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1100.453-0.343
TTM0.1010.456-0.355
YOY0.1120.479-0.367
5Y0.1100.487-0.377
10Y0.1100.513-0.403
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ar to the Steel industry mean.
  • A Debt to Equity ratio of 12.3% means that company has $0.12 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ternium Argentina SA:

  • The MRQ is 0.123. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.112. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.123TTM0.112+0.011
TTM0.112YOY0.126-0.014
TTM0.1125Y0.124-0.012
5Y0.12410Y0.1240.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1230.816-0.693
TTM0.1120.852-0.740
YOY0.1260.945-0.819
5Y0.1241.003-0.879
10Y0.1241.192-1.068
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2. Market Valuation of Ternium Argentina SA

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Ar to the Steel industry mean.
  • A PE ratio of 28.44 means the investor is paying $28.44 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ternium Argentina SA:

  • The EOD is 43.120. Based on the earnings, the company is overpriced. -1
  • The MRQ is 28.436. Based on the earnings, the company is overpriced. -1
  • The TTM is 4.281. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD43.120MRQ28.436+14.684
MRQ28.436TTM4.281+24.155
TTM4.281YOY5.219-0.938
TTM4.2815Y-3,560.319+3,564.600
5Y-3,560.31910Y-3,560.3190.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD43.1208.765+34.355
MRQ28.4367.674+20.762
TTM4.2817.504-3.223
YOY5.2196.304-1.085
5Y-3,560.3198.180-3,568.499
10Y-3,560.31910.671-3,570.990
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ternium Argentina SA:

  • The EOD is 14.982. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.880. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 13.407. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD14.982MRQ9.880+5.102
MRQ9.880TTM13.407-3.526
TTM13.407YOY5.965+7.441
TTM13.4075Y5.899+7.508
5Y5.89910Y5.8990.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD14.9823.153+11.829
MRQ9.8802.733+7.147
TTM13.4072.267+11.140
YOY5.9651.398+4.567
5Y5.8991.025+4.874
10Y5.8991.523+4.376
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ar 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 1.65 means the investor is paying $1.65 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ternium Argentina SA:

  • The EOD is 2.500. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.648. Based on the equity, the company is underpriced. +1
  • The TTM is 1.365. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.500MRQ1.648+0.851
MRQ1.648TTM1.365+0.283
TTM1.365YOY1.087+0.278
TTM1.3655Y1.087+0.278
5Y1.08710Y1.0870.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD2.5001.018+1.482
MRQ1.6480.895+0.753
TTM1.3650.962+0.403
YOY1.0871.091-0.004
5Y1.0871.064+0.023
10Y1.0871.125-0.038
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ternium Argentina SA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--103.15553.892+91%17.344+495%26.432+290%26.432+290%
Book Value Per Share--370.047263.534+40%124.537+197%136.545+171%136.545+171%
Current Ratio--4.1484.666-11%4.065+2%4.061+2%4.061+2%
Debt To Asset Ratio--0.1100.101+9%0.112-2%0.110-1%0.110-1%
Debt To Equity Ratio--0.1230.112+10%0.126-2%0.124-1%0.124-1%
Dividend Per Share----0%0.059-100%0.040-100%0.040-100%
Eps--5.3636.893-22%7.210-26%5.897-9%5.897-9%
Free Cash Flow Per Share--15.4359.428+64%5.679+172%5.235+195%5.235+195%
Free Cash Flow To Equity Per Share--15.4359.415+64%5.588+176%5.193+197%5.193+197%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--900.396--------
Intrinsic Value_10Y_min--755.661--------
Intrinsic Value_1Y_max--32.772--------
Intrinsic Value_1Y_min--32.157--------
Intrinsic Value_3Y_max--142.254--------
Intrinsic Value_3Y_min--134.924--------
Intrinsic Value_5Y_max--304.526--------
Intrinsic Value_5Y_min--278.884--------
Market Cap4178308057600.000+34%2755427354030.0001680358976556.000+64%601338141811.875+358%758968590735.922+263%758968590735.922+263%
Net Profit Margin--0.0870.156-44%0.305-72%0.251-65%0.251-65%
Operating Margin---0.060-100%0.243-100%0.174-100%0.174-100%
Operating Ratio--1.4731.436+3%1.432+3%1.466+0%1.466+0%
Pb Ratio2.500+34%1.6481.365+21%1.087+52%1.087+52%1.087+52%
Pe Ratio43.120+34%28.4364.281+564%5.219+445%-3560.319+12621%-3560.319+12621%
Price Per Share925.000+34%610.000372.000+64%133.125+358%168.021+263%168.021+263%
Price To Free Cash Flow Ratio14.982+34%9.88013.407-26%5.965+66%5.899+67%5.899+67%
Price To Total Gains Ratio8.967+34%5.9137.444-21%8.173-28%6.946-15%6.946-15%
Quick Ratio--2.5012.762-9%2.134+17%1.873+34%1.873+34%
Return On Assets--0.0130.023-43%0.054-76%0.045-72%0.045-72%
Return On Equity--0.0140.025-42%0.061-76%0.051-72%0.051-72%
Total Gains Per Share--103.15553.892+91%17.402+493%26.472+290%26.472+290%
Usd Book Value--2005843200.0001428489300.000+40%675054000.000+197%740142047.829+171%740142047.829+171%
Usd Book Value Change Per Share--0.1240.065+91%0.021+495%0.032+290%0.032+290%
Usd Book Value Per Share--0.4440.316+40%0.149+197%0.164+171%0.164+171%
Usd Dividend Per Share----0%0.000-100%0.000-100%0.000-100%
Usd Eps--0.0060.008-22%0.009-26%0.007-9%0.007-9%
Usd Free Cash Flow--83665200.00051102000.000+64%30784800.000+172%28376428.543+195%28376428.543+195%
Usd Free Cash Flow Per Share--0.0190.011+64%0.007+172%0.006+195%0.006+195%
Usd Free Cash Flow To Equity Per Share--0.0190.011+64%0.007+176%0.006+197%0.006+197%
Usd Market Cap5013969669.120+34%3306512824.8362016430771.867+64%721605770.174+358%910762308.883+263%910762308.883+263%
Usd Price Per Share1.110+34%0.7320.446+64%0.160+358%0.202+263%0.202+263%
Usd Profit--29070000.00037362000.000-22%39081000.000-26%31962172.286-9%31962172.286-9%
Usd Revenue--334390800.000239545500.000+40%132355500.000+153%135698112.600+146%135698112.600+146%
Usd Total Gains Per Share--0.1240.065+91%0.021+493%0.032+290%0.032+290%
 EOD+4 -4MRQTTM+17 -16YOY+20 -155Y+20 -1510Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Ternium Argentina SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1543.120
Price to Book Ratio (EOD)Between0-12.500
Net Profit Margin (MRQ)Greater than00.087
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.501
Current Ratio (MRQ)Greater than14.148
Debt to Asset Ratio (MRQ)Less than10.110
Debt to Equity Ratio (MRQ)Less than10.123
Return on Equity (MRQ)Greater than0.150.014
Return on Assets (MRQ)Greater than0.050.013
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Ternium Argentina SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.516
Ma 20Greater thanMa 50997.175
Ma 50Greater thanMa 100931.700
Ma 100Greater thanMa 200864.700
OpenGreater thanClose906.000
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets1,877,656,000
Total Liabilities206,120,000
Total Stockholder Equity1,671,532,000
 As reported
Total Liabilities 206,120,000
Total Stockholder Equity+ 1,671,532,000
Total Assets = 1,877,656,000

Assets

Total Assets1,877,656,000
Total Current Assets745,624,000
Long-term Assets1,132,032,000
Total Current Assets
Cash And Cash Equivalents 36,486,000
Short-term Investments 390,675,000
Net Receivables 58,939,000
Inventory 238,401,000
Total Current Assets  (as reported)745,624,000
Total Current Assets  (calculated)724,501,000
+/- 21,123,000
Long-term Assets
Property Plant Equipment 283,446,000
Intangible Assets 12,432,000
Long-term Assets  (as reported)1,132,032,000
Long-term Assets  (calculated)295,878,000
+/- 836,154,000

Liabilities & Shareholders' Equity

Total Current Liabilities179,742,000
Long-term Liabilities26,378,000
Total Stockholder Equity1,671,532,000
Total Current Liabilities
Short Long Term Debt 22,000
Accounts payable 119,973,000
Other Current Liabilities 15,912,000
Total Current Liabilities  (as reported)179,742,000
Total Current Liabilities  (calculated)135,907,000
+/- 43,835,000
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt2,271,000
Long-term Liabilities Other 24,983,000
Long-term Liabilities  (as reported)26,378,000
Long-term Liabilities  (calculated)27,254,000
+/- 876,000
Total Stockholder Equity
Retained Earnings 205,727,000
Total Stockholder Equity (as reported)1,671,532,000
Total Stockholder Equity (calculated)205,727,000
+/- 1,465,805,000
Other
Capital Stock4,517,000
Common Stock Shares Outstanding 4,517,094
Net Invested Capital 1,671,554,000
Net Working Capital 565,882,000
Property Plant and Equipment Gross 1,575,825,000



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-30
> Total Assets 
201,954,340
227,770,744
275,447,558
322,828,000
377,080,000
434,790,000
492,846,000
566,683,000
695,223,000
777,591,000
931,420,000
1,155,904,000
1,336,944,000
1,877,656,000
1,877,656,0001,336,944,0001,155,904,000931,420,000777,591,000695,223,000566,683,000492,846,000434,790,000377,080,000322,828,000275,447,558227,770,744201,954,340
   > Total Current Assets 
45,921,505
59,388,687
84,559,049
106,192,000
131,587,000
162,852,000
187,213,000
216,748,000
286,803,000
301,677,000
384,970,000
485,113,000
491,832,000
745,624,000
745,624,000491,832,000485,113,000384,970,000301,677,000286,803,000216,748,000187,213,000162,852,000131,587,000106,192,00084,559,04959,388,68745,921,505
       Cash And Cash Equivalents 
9,989,515
15,420,117
14,914,704
10,314,000
16,422,000
24,898,000
15,499,000
15,371,000
15,819,000
16,128,000
24,411,000
24,842,000
28,999,000
36,486,000
36,486,00028,999,00024,842,00024,411,00016,128,00015,819,00015,371,00015,499,00024,898,00016,422,00010,314,00014,914,70415,420,1179,989,515
       Short-term Investments 
3,187,226
10,790,513
21,573,479
22,981,000
35,921,000
40,106,000
77,328,000
94,785,000
129,233,000
134,533,000
206,387,000
279,457,000
230,854,000
390,675,000
390,675,000230,854,000279,457,000206,387,000134,533,000129,233,00094,785,00077,328,00040,106,00035,921,00022,981,00021,573,47910,790,5133,187,226
       Net Receivables 
3,686,450
5,322,167
6,630,097
13,046,000
14,648,000
22,037,000
16,355,000
20,134,000
26,312,000
24,458,000
29,795,000
23,359,000
24,738,000
58,939,000
58,939,00024,738,00023,359,00029,795,00024,458,00026,312,00020,134,00016,355,00022,037,00014,648,00013,046,0006,630,0975,322,1673,686,450
       Inventory 
27,983,605
27,855,890
40,750,177
59,851,000
64,596,000
71,852,000
77,239,000
86,458,000
115,439,000
126,558,000
122,837,000
141,601,000
189,648,000
238,401,000
238,401,000189,648,000141,601,000122,837,000126,558,000115,439,00086,458,00077,239,00071,852,00064,596,00059,851,00040,750,17727,855,89027,983,605
   > Long-term Assets 
156,032,835
168,382,057
190,888,508
216,636,000
245,493,000
276,446,000
305,633,000
349,935,000
408,420,000
475,914,000
546,450,000
670,791,000
845,112,000
1,132,032,000
1,132,032,000845,112,000670,791,000546,450,000475,914,000408,420,000349,935,000305,633,000276,446,000245,493,000216,636,000190,888,508168,382,057156,032,835
       Property Plant Equipment 
0
69,133,386
75,010,891
80,361,000
81,967,000
83,273,000
85,360,000
90,917,000
102,598,000
121,395,000
144,809,000
169,907,000
208,140,000
283,446,000
283,446,000208,140,000169,907,000144,809,000121,395,000102,598,00090,917,00085,360,00083,273,00081,967,00080,361,00075,010,89169,133,3860
       Intangible Assets 
1,167,296
1,145,487
1,575,463
1,625,000
1,764,000
1,601,000
2,177,000
2,282,000
2,937,000
3,560,000
6,046,000
7,194,000
9,048,000
12,432,000
12,432,0009,048,0007,194,0006,046,0003,560,0002,937,0002,282,0002,177,0001,601,0001,764,0001,625,0001,575,4631,145,4871,167,296
       Other Assets 
0
59,179
102,859
190,000
260,000
1,048,000
1,643,000
3,475,000
8,227,000
7,114,000
7,013,000
0
0
0
0007,013,0007,114,0008,227,0003,475,0001,643,0001,048,000260,000190,000102,85959,1790
> Total Liabilities 
18,725,998
24,225,474
36,168,612
40,382,000
46,817,000
50,372,000
55,535,000
63,789,000
83,038,000
79,801,000
90,463,000
112,343,000
131,367,000
206,120,000
206,120,000131,367,000112,343,00090,463,00079,801,00083,038,00063,789,00055,535,00050,372,00046,817,00040,382,00036,168,61224,225,47418,725,998
   > Total Current Liabilities 
10,164,539
16,083,222
27,675,440
31,321,000
38,372,000
42,385,000
47,319,000
55,035,000
73,031,000
67,969,000
76,185,000
96,097,000
111,403,000
179,742,000
179,742,000111,403,00096,097,00076,185,00067,969,00073,031,00055,035,00047,319,00042,385,00038,372,00031,321,00027,675,44016,083,22210,164,539
       Short Long Term Debt 
140,765
2,430
656
2,000
1,000
73,000
0
0
1,000
389,000
1,000
249,000
891,000
22,000
22,000891,000249,0001,000389,0001,0000073,0001,0002,0006562,430140,765
       Accounts payable 
5,924,160
10,591,563
18,122,021
22,143,000
26,680,000
22,686,000
24,417,000
33,951,000
58,633,000
54,308,000
44,552,000
61,663,000
81,827,000
119,973,000
119,973,00081,827,00061,663,00044,552,00054,308,00058,633,00033,951,00024,417,00022,686,00026,680,00022,143,00018,122,02110,591,5635,924,160
       Other Current Liabilities 
1,630,561
3,769,499
4,137,395
6,712,000
9,534,000
15,542,000
13,354,000
17,005,000
8,321,000
7,958,000
10,884,000
25,986,000
12,870,000
15,912,000
15,912,00012,870,00025,986,00010,884,0007,958,0008,321,00017,005,00013,354,00015,542,0009,534,0006,712,0004,137,3953,769,4991,630,561
   > Long-term Liabilities 
8,561,459
8,142,252
8,493,172
9,061,000
8,445,000
7,993,000
8,216,000
8,754,000
10,007,000
11,832,000
14,278,000
16,246,000
19,964,000
26,378,000
26,378,00019,964,00016,246,00014,278,00011,832,00010,007,0008,754,0008,216,0007,993,0008,445,0009,061,0008,493,1728,142,2528,561,459
       Capital Lease Obligations Min Short Term Debt
5,183,193
5,500,358
5,951,962
6,380,000
6,558,000
6,631,000
6,755,000
7,136,000
8,277,000
9,948,000
12,018,000
13,638,000
16,210,000
2,271,000
2,271,00016,210,00013,638,00012,018,0009,948,0008,277,0007,136,0006,755,0006,631,0006,558,0006,380,0005,951,9625,500,3585,183,193
       Long-term Liabilities Other 
904,807
976,373
252,444
1,142,000
1,311,000
1,406,000
391,000
1,669,000
1,963,000
2,291,000
942,000
3,234,000
4,336,000
24,983,000
24,983,0004,336,0003,234,000942,0002,291,0001,963,0001,669,000391,0001,406,0001,311,0001,142,000252,444976,373904,807
> Total Stockholder Equity
183,227,898
203,544,799
239,278,384
282,445,000
330,262,000
384,417,000
437,310,000
502,893,000
612,184,000
697,789,000
840,955,000
1,043,559,000
1,205,574,000
1,671,532,000
1,671,532,0001,205,574,0001,043,559,000840,955,000697,789,000612,184,000502,893,000437,310,000384,417,000330,262,000282,445,000239,278,384203,544,799183,227,898
   Common Stock
0
4,517,094
4,517,094
4,517,000
4,517,000
4,517,000
4,517,000
4,517,000
4,517,000
4,517,000
4,517,000
0
4,517,000
0
04,517,00004,517,0004,517,0004,517,0004,517,0004,517,0004,517,0004,517,0004,517,0004,517,0944,517,0940
   Retained Earnings 
17,228,013
137,610,848
166,879,049
205,423,000
242,718,000
299,216,000
348,566,000
406,460,000
500,182,000
567,417,000
673,186,000
54,431,000
961,949,000
205,727,000
205,727,000961,949,00054,431,000673,186,000567,417,000500,182,000406,460,000348,566,000299,216,000242,718,000205,423,000166,879,049137,610,84817,228,013
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
60,620,791
67,086,175
71,709,000
82,231,000
79,888,000
83,431,000
91,120,000
106,689,000
125,059,000
162,456,000
0
238,312,000
0
0238,312,0000162,456,000125,059,000106,689,00091,120,00083,431,00079,888,00082,231,00071,709,00067,086,17560,620,7910



Balance Sheet

Currency in ARS. All numbers in thousands.




Cash Flow

Currency in ARS. All numbers in thousands.




Income Statement

Currency in ARS. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue798,485,000
Cost of Revenue-542,083,000
Gross Profit256,402,000256,402,000
 
Operating Income (+$)
Gross Profit256,402,000
Operating Expense-611,048,000
Operating Income187,437,000-354,646,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative23,246,000
Selling And Marketing Expenses-
Operating Expense611,048,00023,246,000
 
Net Interest Income (+$)
Interest Income8,373,000
Interest Expense-2,104,000
Other Finance Cost-1,301,000
Net Interest Income4,968,000
 
Pretax Income (+$)
Operating Income187,437,000
Net Interest Income4,968,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)213,678,000187,437,000
EBIT - interestExpense = -2,104,000
124,540,000
126,644,000
Interest Expense2,104,000
Earnings Before Interest and Taxes (EBIT)-215,782,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax213,678,000
Tax Provision-89,138,000
Net Income From Continuing Ops124,540,000124,540,000
Net Income124,540,000
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--4,968,000
 

Technical Analysis of Ar
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 Ar. The general trend of Ar is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ar'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 Ternium Argentina SA.

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

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

The bullish price targets are: 1,123 < 1,200.

The bearish price targets are: 870.00 > 750.00 > 747.00.

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Ternium Argentina SA Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Ternium Argentina SA. The current mas is .

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

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

Directionalities and relatives.

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

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

Ternium Argentina SA Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ternium Argentina SA. The current macd is 11.77.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ar price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ar. 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 Ar price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ternium Argentina SA Daily Moving Average Convergence/Divergence (MACD) ChartTernium Argentina SA Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Ternium Argentina SA. The current adx is 18.91.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Ar shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Ternium Argentina SA Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Ternium Argentina SA. The current sar is 1,100.

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
Ternium Argentina SA Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Ternium Argentina SA. The current rsi is 43.52. The current phase is Correction in bull 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).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Ternium Argentina SA Daily Relative Strength Index (RSI) ChartTernium Argentina SA Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Ternium Argentina SA. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Ar price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ternium Argentina SA Daily Stochastic Oscillator ChartTernium Argentina SA Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Ternium Argentina SA. The current cci is -96.4882373.

Ternium Argentina SA Daily Commodity Channel Index (CCI) ChartTernium Argentina SA Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Ternium Argentina SA. The current cmo is -28.45016641.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Ternium Argentina SA Daily Chande Momentum Oscillator (CMO) ChartTernium Argentina SA Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Ternium Argentina SA. The current willr is -89.59276018.

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

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

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Ternium Argentina SA.

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

Score

Let's take a look at the Average True Range (ATR) of Ternium Argentina SA. The current atr is 60.06.

Ternium Argentina SA Daily Average True Range (ATR) ChartTernium Argentina SA Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Ternium Argentina SA. The current obv is 72,543,822.

Ternium Argentina SA Daily On-Balance Volume (OBV) ChartTernium Argentina SA Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Ternium Argentina SA. The current mfi is 40.03.

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
Ternium Argentina SA Daily Money Flow Index (MFI) ChartTernium Argentina SA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ternium Argentina SA.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Ternium Argentina SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ternium Argentina SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.516
Ma 20Greater thanMa 50997.175
Ma 50Greater thanMa 100931.700
Ma 100Greater thanMa 200864.700
OpenGreater thanClose906.000
Total3/5 (60.0%)
Penke

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