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VAMA INDUSTRIES LTD.
Buy, Hold or Sell?

Let's analyse VAMA INDUSTRIES LTD. together

PenkeI guess you are interested in VAMA INDUSTRIES 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 VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD. (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
57.1%

What is your share worth?

Current worth
INR3.90
Expected worth in 1 year
INR3.19
How sure are you?
71.4%

+ What do you gain per year?

Total Gains per Share
INR-0.71
Return On Investment
-16.2%

For what price can you sell your share?

Current Price per Share
INR4.41
Expected price per share
INR4.1 - INR7.17
How sure are you?
50%

1. Valuation of VAMA INDUSTRIES LTD. (5 min.)




Live pricePrice per Share (EOD)

INR4.41

Intrinsic Value Per Share

INR-9.73 - INR3.45

Total Value Per Share

INR-5.83 - INR7.35

2. Growth of VAMA INDUSTRIES LTD. (5 min.)




Is VAMA INDUSTRIES LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$2.4m$2.5m-$112.3k-4.6%

How much money is VAMA INDUSTRIES LTD. making?

Current yearPrevious yearGrowGrow %
Making money-$109.3k$6.1k-$115.5k-105.7%
Net Profit Margin-7.1%0.3%--

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

3. Financial Health of VAMA INDUSTRIES LTD. (5 min.)




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

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

What can you expect buying and holding a share of VAMA INDUSTRIES LTD.?

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

Speculation

The Price per Share of VAMA INDUSTRIES LTD. is INR4.41. 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 VAMA INDUSTRIES 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 VAMA INDUSTRIES 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 INR3.90. Based on the TTM, the Book Value Change Per Share is INR-0.18 per quarter. Based on the YOY, the Book Value Change Per Share is INR0.01 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of VAMA INDUSTRIES LTD..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.1%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.2%
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%0.000.0%0.000.0%0.000.0%0.010.2%
Usd Price Per Share0.08-0.08-0.13-0.11-0.16-
Price to Earnings Ratio-39.32--39.32-1,113.03-232.01-176.45-
Price-to-Total Gains Ratio-38.26--38.26-1,351.91-279.47-205.84-
Price to Book Ratio1.75-1.75-2.67-2.27-3.52-
Price-to-Total Gains Ratio-38.26--38.26-1,351.91-279.47-205.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.05292
Number of shares18896
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (18896 shares)-40.423.07
Gains per Year (18896 shares)-161.6712.30
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-162-17222-92
20-323-33444-1914
30-485-49665-2826
40-647-65887-3838
50-808-820109-4750
60-970-982131-5762
70-1132-1144152-6674
80-1293-1306174-7686
90-1455-1468196-8598
100-1617-1630218-95110

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%5.02.00.071.4%5.02.00.071.4%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%5.02.00.071.4%5.02.00.071.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%2.00.03.040.0%4.00.03.057.1%4.00.03.057.1%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%5.02.00.071.4%5.02.00.071.4%

Fundamentals of VAMA INDUSTRIES LTD.

About VAMA INDUSTRIES LTD.

Financial Health

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

Valuation

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

1.1. Profitability of VAMA INDUSTRIES LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit VAMA INDUSTRIES LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare VAMA INDUSTRIES LTD. to the Software & IT Services industry mean.
  • A Net Profit Margin of -7.1% means that ₹-0.07 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of VAMA INDUSTRIES LTD.:

  • The MRQ is -7.1%. The company is making a loss. -1
  • The TTM is -7.1%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-7.1%TTM-7.1%0.0%
TTM-7.1%YOY0.3%-7.4%
TTM-7.1%5Y0.0%-7.1%
5Y0.0%10Y1.2%-1.2%
1.1.2. Return on Assets

Shows how efficient VAMA INDUSTRIES LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare VAMA INDUSTRIES LTD. to the Software & IT Services industry mean.
  • -3.0% Return on Assets means that VAMA INDUSTRIES LTD. generated ₹-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of VAMA INDUSTRIES LTD.:

  • The MRQ is -3.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.0%TTM-3.0%0.0%
TTM-3.0%YOY0.1%-3.1%
TTM-3.0%5Y-0.2%-2.9%
5Y-0.2%10Y1.5%-1.6%
1.1.3. Return on Equity

Shows how efficient VAMA INDUSTRIES LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare VAMA INDUSTRIES LTD. to the Software & IT Services industry mean.
  • -4.4% Return on Equity means VAMA INDUSTRIES LTD. generated ₹-0.04 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of VAMA INDUSTRIES LTD.:

  • The MRQ is -4.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -4.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.4%TTM-4.4%0.0%
TTM-4.4%YOY0.2%-4.7%
TTM-4.4%5Y-0.1%-4.4%
5Y-0.1%10Y5.0%-5.1%

1.2. Operating Efficiency of VAMA INDUSTRIES LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient VAMA INDUSTRIES LTD. is operating .

  • Measures how much profit VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD. to the Software & IT Services 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 VAMA INDUSTRIES LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y2.7%-2.7%
5Y2.7%10Y4.3%-1.7%
1.2.2. Operating Ratio

Measures how efficient VAMA INDUSTRIES LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software & IT Services industry mean).
  • An Operation Ratio of 1.84 means that the operating costs are ₹1.84 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of VAMA INDUSTRIES LTD.:

  • The MRQ is 1.841. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.841. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.841TTM1.8410.000
TTM1.841YOY1.635+0.206
TTM1.8415Y1.677+0.163
5Y1.67710Y1.435+0.243

1.3. Liquidity of VAMA INDUSTRIES LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if VAMA INDUSTRIES LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software & IT Services industry mean).
  • A Current Ratio of 3.14 means the company has ₹3.14 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of VAMA INDUSTRIES LTD.:

  • The MRQ is 3.139. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.139. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.139TTM3.1390.000
TTM3.139YOY1.648+1.491
TTM3.1395Y1.821+1.318
5Y1.82110Y1.686+0.135
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare VAMA INDUSTRIES LTD. to the Software & IT Services industry mean.
  • A Quick Ratio of 1.45 means the company can pay off ₹1.45 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of VAMA INDUSTRIES LTD.:

  • The MRQ is 1.453. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.453. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.453TTM1.4530.000
TTM1.453YOY0.923+0.530
TTM1.4535Y0.984+0.469
5Y0.98410Y0.977+0.007

1.4. Solvency of VAMA INDUSTRIES LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of VAMA INDUSTRIES LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare VAMA INDUSTRIES LTD. to Software & IT Services industry mean.
  • A Debt to Asset Ratio of 0.32 means that VAMA INDUSTRIES LTD. assets are financed with 32.1% credit (debt) and the remaining percentage (100% - 32.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of VAMA INDUSTRIES LTD.:

  • The MRQ is 0.321. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.321. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.321TTM0.3210.000
TTM0.321YOY0.542-0.221
TTM0.3215Y0.526-0.205
5Y0.52610Y0.574-0.048
1.4.2. Debt to Equity Ratio

Measures if VAMA INDUSTRIES LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare VAMA INDUSTRIES LTD. to the Software & IT Services industry mean.
  • A Debt to Equity ratio of 47.4% means that company has ₹0.47 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of VAMA INDUSTRIES LTD.:

  • The MRQ is 0.474. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.474. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.474TTM0.4740.000
TTM0.474YOY1.184-0.710
TTM0.4745Y1.199-0.725
5Y1.19910Y1.601-0.403

2. Market Valuation of VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD. generates.

  • Above 15 is considered overpriced but always compare VAMA INDUSTRIES LTD. to the Software & IT Services industry mean.
  • A PE ratio of -39.32 means the investor is paying ₹-39.32 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of VAMA INDUSTRIES LTD.:

  • The EOD is -25.425. Based on the earnings, the company is expensive. -2
  • The MRQ is -39.320. Based on the earnings, the company is expensive. -2
  • The TTM is -39.320. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-25.425MRQ-39.320+13.895
MRQ-39.320TTM-39.3200.000
TTM-39.320YOY1,113.032-1,152.352
TTM-39.3205Y232.013-271.333
5Y232.01310Y176.447+55.566
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of VAMA INDUSTRIES LTD.:

  • The EOD is 33.682. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 52.089. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 52.089. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD33.682MRQ52.089-18.407
MRQ52.089TTM52.0890.000
TTM52.089YOY-325.688+377.778
TTM52.0895Y-103.114+155.203
5Y-103.11410Y-61.864-41.250
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software & IT Services industry mean).
  • A PB ratio of 1.75 means the investor is paying ₹1.75 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of VAMA INDUSTRIES LTD.:

  • The EOD is 1.129. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.747. Based on the equity, the company is underpriced. +1
  • The TTM is 1.747. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.129MRQ1.747-0.617
MRQ1.747TTM1.7470.000
TTM1.747YOY2.672-0.925
TTM1.7475Y2.275-0.528
5Y2.27510Y3.517-1.242
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of VAMA INDUSTRIES 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---0.178-0.1780%0.008-2309%-0.010-94%0.558-132%
Book Value Per Share--3.9053.9050%4.083-4%3.870+1%3.802+3%
Current Ratio--3.1393.1390%1.648+90%1.821+72%1.686+86%
Debt To Asset Ratio--0.3210.3210%0.542-41%0.526-39%0.574-44%
Debt To Equity Ratio--0.4740.4740%1.184-60%1.199-60%1.601-70%
Dividend Per Share----0%-0%0.024-100%0.035-100%
Eps---0.173-0.1730%0.010-1870%0.004-4354%0.188-192%
Free Cash Flow Per Share--0.1310.1310%-0.033+126%0.094+39%0.333-61%
Free Cash Flow To Equity Per Share---0.357-0.3570%-1.171+228%-0.339-5%-0.244-32%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--3.450--------
Intrinsic Value_10Y_min---9.731--------
Intrinsic Value_1Y_max--0.179--------
Intrinsic Value_1Y_min---0.177--------
Intrinsic Value_3Y_max--0.666--------
Intrinsic Value_3Y_min---1.226--------
Intrinsic Value_5Y_max--1.305--------
Intrinsic Value_5Y_min---3.029--------
Market Cap--358322800.000358322800.0000%573211400.000-37%461616440.000-22%693002600.000-48%
Net Profit Margin---0.071-0.0710%0.003-2357%0.000-100%0.012-702%
Operating Margin----0%-0%0.027-100%0.043-100%
Operating Ratio--1.8411.8410%1.635+13%1.677+10%1.435+28%
Pb Ratio1.129-55%1.7471.7470%2.672-35%2.275-23%3.517-50%
Pe Ratio-25.425+35%-39.320-39.3200%1113.032-104%232.013-117%176.447-122%
Price Per Share4.410-55%6.8206.8200%10.910-37%8.786-22%13.190-48%
Price To Free Cash Flow Ratio33.682-55%52.08952.0890%-325.688+725%-103.114+298%-61.864+219%
Price To Total Gains Ratio-24.741+35%-38.262-38.2620%1351.914-103%279.475-114%205.842-119%
Quick Ratio--1.4531.4530%0.923+57%0.984+48%0.977+49%
Return On Assets---0.030-0.0300%0.001-2842%-0.002-95%0.015-302%
Return On Equity---0.044-0.0440%0.002-1950%-0.001-98%0.050-189%
Total Gains Per Share---0.178-0.1780%0.008-2309%0.014-1415%0.593-130%
Usd Book Value--2461800.0002461800.0000%2574180.000-4%2439981.600+1%2397185.143+3%
Usd Book Value Change Per Share---0.002-0.0020%0.000-2309%0.000-94%0.007-132%
Usd Book Value Per Share--0.0470.0470%0.049-4%0.046+1%0.046+3%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps---0.002-0.0020%0.000-1870%0.000-4354%0.002-192%
Usd Free Cash Flow--82548.00082548.0000%-21120.000+126%59493.600+39%209861.143-61%
Usd Free Cash Flow Per Share--0.0020.0020%0.000+126%0.001+39%0.004-61%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%-0.014+228%-0.004-5%-0.003-32%
Usd Market Cap--4299873.6004299873.6000%6878536.800-37%5539397.280-22%8316031.200-48%
Usd Price Per Share0.053-55%0.0820.0820%0.131-37%0.105-22%0.158-48%
Usd Profit---109356.000-109356.0000%6180.000-1870%2570.400-4354%118638.857-192%
Usd Revenue--1537680.0001537680.0000%1961016.000-22%3336429.600-54%5206023.429-70%
Usd Total Gains Per Share---0.002-0.0020%0.000-2309%0.000-1415%0.007-130%
 EOD+4 -2MRQTTM+0 -0YOY+12 -205Y+13 -2210Y+10 -25

3.2. Fundamental Score

Let's check the fundamental score of VAMA INDUSTRIES LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-25.425
Price to Book Ratio (EOD)Between0-11.129
Net Profit Margin (MRQ)Greater than0-0.071
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.453
Current Ratio (MRQ)Greater than13.139
Debt to Asset Ratio (MRQ)Less than10.321
Debt to Equity Ratio (MRQ)Less than10.474
Return on Equity (MRQ)Greater than0.15-0.044
Return on Assets (MRQ)Greater than0.05-0.030
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of VAMA INDUSTRIES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.373
Ma 20Greater thanMa 505.114
Ma 50Greater thanMa 1005.416
Ma 100Greater thanMa 2004.999
OpenGreater thanClose4.630
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Operating Income  9,02811,77120,79917,15837,957-28,3419,616-24,921-15,305



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets302,317
Total Liabilities97,167
Total Stockholder Equity205,150
 As reported
Total Liabilities 97,167
Total Stockholder Equity+ 205,150
Total Assets = 302,317

Assets

Total Assets302,317
Total Current Assets261,157
Long-term Assets41,160
Total Current Assets
Cash And Cash Equivalents 10,109
Short-term Investments 20,491
Net Receivables 69,773
Inventory 143,209
Other Current Assets 14,719
Total Current Assets  (as reported)261,157
Total Current Assets  (calculated)258,301
+/- 2,856
Long-term Assets
Property Plant Equipment 22,474
Intangible Assets 12,465
Other Assets 4,778
Long-term Assets  (as reported)41,160
Long-term Assets  (calculated)39,717
+/- 1,443

Liabilities & Shareholders' Equity

Total Current Liabilities83,203
Long-term Liabilities13,964
Total Stockholder Equity205,150
Total Current Liabilities
Short-term Debt 42,869
Short Long Term Debt 48,719
Accounts payable 15,253
Other Current Liabilities 7,752
Total Current Liabilities  (as reported)83,203
Total Current Liabilities  (calculated)114,593
+/- 31,390
Long-term Liabilities
Long term Debt Total 14,435
Long-term Liabilities  (as reported)13,964
Long-term Liabilities  (calculated)14,435
+/- 471
Total Stockholder Equity
Common Stock105,080
Retained Earnings 100,070
Total Stockholder Equity (as reported)205,150
Total Stockholder Equity (calculated)205,150
+/-0
Other
Capital Stock105,080
Cash And Equivalents10,109
Cash and Short Term Investments 30,600
Common Stock Shares Outstanding 52,540
Liabilities and Stockholders Equity 302,317
Net Debt 53,045
Net Invested Capital 268,304
Net Working Capital 177,954
Property Plant and Equipment Gross 28,179



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
821,200
517,925
512,192
448,361
495,880
468,460
302,317
302,317468,460495,880448,361512,192517,925821,200
   > Total Current Assets 
751,123
439,096
456,537
361,157
403,685
379,984
261,157
261,157379,984403,685361,157456,537439,096751,123
       Cash And Cash Equivalents 
67,428
50,821
88,540
71,936
71,918
2,457
10,109
10,1092,45771,91871,93688,54050,82167,428
       Short-term Investments 
6,563
20,792
12,095
10,219
10,866
17,724
20,491
20,49117,72410,86610,21912,09520,7926,563
       Net Receivables 
330,760
275,760
176,728
111,743
136,231
171,967
69,773
69,773171,967136,231111,743176,728275,760330,760
       Inventory 
331,611
79,964
133,351
131,295
140,632
143,523
143,209
143,209143,523140,632131,295133,35179,964331,611
       Other Current Assets 
12,564
22,595
41,243
35,964
44,038
29,148
14,719
14,71929,14844,03835,96441,24322,59512,564
   > Long-term Assets 
0
0
55,655
87,204
92,195
88,476
41,160
41,16088,47692,19587,20455,65500
       Property Plant Equipment 
25,201
24,355
23,799
24,552
23,464
22,940
22,474
22,47422,94023,46424,55223,79924,35525,201
       Intangible Assets 
17,070
15,047
12,863
19,585
16,839
14,448
12,465
12,46514,44816,83919,58512,86315,04717,070
       Long-term Assets Other 
0
0
-2
1
1
-2
1,831
1,831-211-200
> Total Liabilities 
647,394
310,032
322,485
255,165
281,789
253,945
97,167
97,167253,945281,789255,165322,485310,032647,394
   > Total Current Liabilities 
635,907
289,356
317,704
252,039
278,935
230,536
83,203
83,203230,536278,935252,039317,704289,356635,907
       Short-term Debt 
102,971
38,714
79,078
105,524
114,865
48,259
42,869
42,86948,259114,865105,52479,07838,714102,971
       Short Long Term Debt 
0
0
79,078
112,100
118,745
53,064
48,719
48,71953,064118,745112,10079,07800
       Accounts payable 
500,729
205,332
178,048
104,642
123,343
157,133
15,253
15,253157,133123,343104,642178,048205,332500,729
       Other Current Liabilities 
8,558
18,041
4,731
41,873
13,551
5,964
7,752
7,7525,96413,55141,8734,73118,0418,558
   > Long-term Liabilities 
0
0
4,781
3,126
2,854
23,409
13,964
13,96423,4092,8543,1264,78100
       Long term Debt Total 
7,197
17,451
3,792
350
18
20,644
14,435
14,43520,644183503,79217,4517,197
> Total Stockholder Equity
173,806
207,893
189,707
193,196
214,091
214,515
205,150
205,150214,515214,091193,196189,707207,893173,806
   Common Stock
105,080
105,080
105,080
105,080
105,080
105,080
105,080
105,080105,080105,080105,080105,080105,080105,080
   Retained Earnings 
31,726
65,813
47,627
88,116
109,011
109,435
100,070
100,070109,435109,01188,11647,62765,81331,726
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
0
0
0
88,116
0
0
0
00088,116000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue84,334
Cost of Revenue-75,412
Gross Profit8,9228,922
 
Operating Income (+$)
Gross Profit8,922
Operating Expense-103,743
Operating Income-19,409-94,821
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense103,7430
 
Net Interest Income (+$)
Interest Income-
Interest Expense-10,789
Other Finance Cost-4,980
Net Interest Income-15,769
 
Pretax Income (+$)
Operating Income-19,409
Net Interest Income-15,769
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-17,151-19,409
EBIT - interestExpense = -10,789
-20,872
-10,083
Interest Expense10,789
Earnings Before Interest and Taxes (EBIT)--6,362
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-17,151
Tax Provision-3,721
Net Income From Continuing Ops-20,872-20,872
Net Income-20,872
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-15,769
 

Technical Analysis of VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The general trend of VAMA INDUSTRIES LTD. is BEARISH with 14.3% 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 VAMA INDUSTRIES 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 (-14.3%) Bearish trend (14.3%)
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 VAMA INDUSTRIES 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: 4.43 < 5.3 < 7.17.

The bearish price targets are: 4.6 > 4.5 > 4.1.

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VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Directionalities and relatives.

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

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

VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current macd is -0.25274335.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 VAMA INDUSTRIES LTD. price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for VAMA INDUSTRIES LTD.. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the VAMA INDUSTRIES LTD. price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
VAMA INDUSTRIES LTD. Daily Moving Average Convergence/Divergence (MACD) ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current adx is 17.14.

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 VAMA INDUSTRIES LTD. 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.
VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current sar is 5.35.

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
VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current rsi is 36.37. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
VAMA INDUSTRIES LTD. Daily Relative Strength Index (RSI) ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-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 below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the VAMA INDUSTRIES LTD. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
VAMA INDUSTRIES LTD. Daily Stochastic Oscillator ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current cci is -115.14715579.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
VAMA INDUSTRIES LTD. Daily Commodity Channel Index (CCI) ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current cmo is -35.40120665.

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
VAMA INDUSTRIES LTD. Daily Chande Momentum Oscillator (CMO) ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current willr is -99.27536232.

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
VAMA INDUSTRIES LTD. Daily Williams %R ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD..

VAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current atr is 0.44549379.

VAMA INDUSTRIES LTD. Daily Average True Range (ATR) ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current obv is -558,638.

VAMA INDUSTRIES LTD. Daily On-Balance Volume (OBV) ChartVAMA INDUSTRIES 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 VAMA INDUSTRIES LTD.. The current mfi is 29.85.

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
VAMA INDUSTRIES LTD. Daily Money Flow Index (MFI) ChartVAMA INDUSTRIES LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for VAMA INDUSTRIES 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
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13DMI 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.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21DMI 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
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-04MACD 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.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11SAR 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
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15CCI LONG ENTRY SHORT CLOSE100 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).
2023-12-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27DMI 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
2024-03-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

VAMA INDUSTRIES LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of VAMA INDUSTRIES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.373
Ma 20Greater thanMa 505.114
Ma 50Greater thanMa 1005.416
Ma 100Greater thanMa 2004.999
OpenGreater thanClose4.630
Total3/5 (60.0%)
Penke

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