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Via Optronics Ag
Buy, Hold or Sell?

Let's analyse Via Optronics Ag together

PenkeI guess you are interested in Via Optronics Ag. 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 Via Optronics Ag. 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 Via Optronics Ag (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
$2.54
Expected worth in 1 year
$0.16
How sure are you?
33.3%

+ What do you gain per year?

Total Gains per Share
$-2.37
Return On Investment
-300.1%

For what price can you sell your share?

Current Price per Share
$0.79
Expected price per share
$0.7111 - $1
How sure are you?
50%

1. Valuation of Via Optronics Ag (5 min.)




Live pricePrice per Share (EOD)

$0.79

Intrinsic Value Per Share

$3.43 - $5.27

Total Value Per Share

$5.97 - $7.81

2. Growth of Via Optronics Ag (5 min.)




Is Via Optronics Ag growing?

Current yearPrevious yearGrowGrow %
How rich?$57.4m$70.8m-$13.4m-23.4%

How much money is Via Optronics Ag making?

Current yearPrevious yearGrowGrow %
Making money-$11m-$12.4m$1.4m12.8%
Net Profit Margin-5.2%-6.4%--

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

3. Financial Health of Via Optronics Ag (5 min.)




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




  Industry Rankings (Electronic Components)  


Richest
#388 / 524

Most Revenue
#120 / 524

Most Profit
#493 / 524

Most Efficient
#409 / 524

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

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

What can you expect buying and holding a share of Via Optronics Ag?

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

Speculation

The Price per Share of Via Optronics Ag is $0.79. 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 Via Optronics Ag.
  • 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 Via Optronics Ag, 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 $2.54. Based on the TTM, the Book Value Change Per Share is $-0.59 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.59 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Via Optronics Ag.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.49-61.7%-0.49-61.7%-0.56-71.1%-0.32-40.3%-0.24-30.2%
Usd Book Value Change Per Share-0.59-75.0%-0.59-75.0%-0.59-74.9%0.5164.2%0.4253.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.59-75.0%-0.59-75.0%-0.59-74.9%0.5164.2%0.4253.5%
Usd Price Per Share1.60-1.60-7.35-4.48-3.73-
Price to Earnings Ratio-3.28--3.28--13.09--18.93--15.78-
Price-to-Total Gains Ratio-2.69--2.69--12.43--3.82--3.82-
Price to Book Ratio0.63-0.63-2.35-1.32-1.10-
Price-to-Total Gains Ratio-2.69--2.69--12.43--3.82--3.82-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.79
Number of shares1265
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.590.51
Usd Total Gains Per Share-0.590.51
Gains per Quarter (1265 shares)-749.81641.48
Gains per Year (1265 shares)-2,999.252,565.94
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-2999-3009025662556
20-5999-6008051325122
30-8998-9007076987688
40-11997-1200601026410254
50-14996-1500501283012820
60-17996-1800401539615386
70-20995-2100301796217952
80-23994-2400202052820518
90-26993-2700102309323084
100-29993-3000002565925650

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%0.03.00.00.0%1.04.00.020.0%2.04.00.033.3%2.04.00.033.3%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%2.03.01.033.3%2.03.01.033.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%2.03.01.033.3%2.03.01.033.3%

Fundamentals of Via Optronics Ag

About Via Optronics Ag

VIA optronics AG, together with its subsidiaries, provides display solutions worldwide. It also develops, manufactures, and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. In addition, the company offers interactive display solutions, including curved display panels and solutions integrating multiple display touch assemblies; and optical bonding services, as well as licenses optical bonding process and sells related equipment. It serves automotive, consumer electronics, and industrial/specialized end markets. The company was founded in 2005 and is headquartered in Nuremberg, Germany. VIA optronics AG is a subsidiary of Integrated Micro-Electronics, Inc.

Fundamental data was last updated by Penke on 2024-03-18 19:39:05.

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 operating very inefficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Via Optronics Ag.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Via Optronics Ag earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Via Optronics Ag to the Electronic Components industry mean.
  • A Net Profit Margin of -5.2% means that $-0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Via Optronics Ag:

  • The MRQ is -5.2%. The company is making a loss. -1
  • The TTM is -5.2%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-5.2%TTM-5.2%0.0%
TTM-5.2%YOY-6.4%+1.2%
TTM-5.2%5Y-4.3%-0.9%
5Y-4.3%10Y-3.1%-1.1%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.2%3.6%-8.8%
TTM-5.2%4.1%-9.3%
YOY-6.4%5.4%-11.8%
5Y-4.3%4.4%-8.7%
10Y-3.1%4.8%-7.9%
1.1.2. Return on Assets

Shows how efficient Via Optronics Ag is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Via Optronics Ag to the Electronic Components industry mean.
  • -7.5% Return on Assets means that Via Optronics Ag generated $-0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Via Optronics Ag:

  • The MRQ is -7.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -7.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.5%TTM-7.5%0.0%
TTM-7.5%YOY-7.1%-0.4%
TTM-7.5%5Y-5.7%-1.8%
5Y-5.7%10Y-4.7%-0.9%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%0.8%-8.3%
TTM-7.5%0.9%-8.4%
YOY-7.1%1.3%-8.4%
5Y-5.7%1.1%-6.8%
10Y-4.7%1.1%-5.8%
1.1.3. Return on Equity

Shows how efficient Via Optronics Ag is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Via Optronics Ag to the Electronic Components industry mean.
  • -19.2% Return on Equity means Via Optronics Ag generated $-0.19 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Via Optronics Ag:

  • The MRQ is -19.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -19.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.2%TTM-19.2%0.0%
TTM-19.2%YOY-17.7%-1.5%
TTM-19.2%5Y-335.6%+316.4%
5Y-335.6%10Y-279.7%-55.9%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.2%1.5%-20.7%
TTM-19.2%1.5%-20.7%
YOY-17.7%2.5%-20.2%
5Y-335.6%2.1%-337.7%
10Y-279.7%2.1%-281.8%

1.2. Operating Efficiency of Via Optronics Ag.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Via Optronics Ag is operating .

  • Measures how much profit Via Optronics Ag 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 Via Optronics Ag to the Electronic Components industry mean.
  • An Operating Margin of -3.4% means the company generated $-0.03  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Via Optronics Ag:

  • The MRQ is -3.4%. The company is operating very inefficient. -2
  • The TTM is -3.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-3.4%TTM-3.4%0.0%
TTM-3.4%YOY-8.1%+4.7%
TTM-3.4%5Y-3.8%+0.4%
5Y-3.8%10Y-2.5%-1.3%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.4%5.6%-9.0%
TTM-3.4%2.1%-5.5%
YOY-8.1%5.3%-13.4%
5Y-3.8%5.3%-9.1%
10Y-2.5%4.3%-6.8%
1.2.2. Operating Ratio

Measures how efficient Via Optronics Ag is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Components industry mean).
  • An Operation Ratio of -0.05 means that the operating costs are $-0.05 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Via Optronics Ag:

  • The MRQ is -0.052.
  • The TTM is -0.052.
Trends
Current periodCompared to+/- 
MRQ-0.052TTM-0.0520.000
TTM-0.052YOY1.081-1.133
TTM-0.0525Y0.820-0.873
5Y0.82010Y0.844-0.023
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.0521.732-1.784
TTM-0.0521.729-1.781
YOY1.0811.714-0.633
5Y0.8201.690-0.870
10Y0.8441.487-0.643

1.3. Liquidity of Via Optronics Ag.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Via Optronics Ag is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
  • A Current Ratio of 1.45 means the company has $1.45 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Via Optronics Ag:

  • The MRQ is 1.449. The company is just able to pay all its short-term debts.
  • The TTM is 1.449. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.449TTM1.4490.000
TTM1.449YOY1.532-0.083
TTM1.4495Y1.376+0.072
5Y1.37610Y1.329+0.047
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4491.861-0.412
TTM1.4491.846-0.397
YOY1.5321.849-0.317
5Y1.3761.890-0.514
10Y1.3291.689-0.360
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Via Optronics Ag to the Electronic Components industry mean.
  • A Quick Ratio of 1.10 means the company can pay off $1.10 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Via Optronics Ag:

  • The MRQ is 1.102. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.102. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.102TTM1.1020.000
TTM1.102YOY1.092+0.011
TTM1.1025Y1.014+0.089
5Y1.01410Y0.906+0.108
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1020.773+0.329
TTM1.1020.759+0.343
YOY1.0920.809+0.283
5Y1.0140.847+0.167
10Y0.9060.882+0.024

1.4. Solvency of Via Optronics Ag.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Via Optronics Ag assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Via Optronics Ag to Electronic Components industry mean.
  • A Debt to Asset Ratio of 0.61 means that Via Optronics Ag assets are financed with 61.0% credit (debt) and the remaining percentage (100% - 61.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Via Optronics Ag:

  • The MRQ is 0.610. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.610. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.610TTM0.6100.000
TTM0.610YOY0.595+0.016
TTM0.6105Y0.699-0.089
5Y0.69910Y0.583+0.117
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6100.422+0.188
TTM0.6100.424+0.186
YOY0.5950.445+0.150
5Y0.6990.442+0.257
10Y0.5830.426+0.157
1.4.2. Debt to Equity Ratio

Measures if Via Optronics Ag is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Via Optronics Ag to the Electronic Components industry mean.
  • A Debt to Equity ratio of 157.0% means that company has $1.57 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Via Optronics Ag:

  • The MRQ is 1.570. The company is just able to pay all its debts with equity.
  • The TTM is 1.570. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.570TTM1.5700.000
TTM1.570YOY1.479+0.090
TTM1.5705Y21.992-20.422
5Y21.99210Y18.327+3.665
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5700.748+0.822
TTM1.5700.757+0.813
YOY1.4790.824+0.655
5Y21.9920.822+21.170
10Y18.3270.804+17.523

2. Market Valuation of Via Optronics Ag

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 Via Optronics Ag generates.

  • Above 15 is considered overpriced but always compare Via Optronics Ag to the Electronic Components industry mean.
  • A PE ratio of -3.28 means the investor is paying $-3.28 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Via Optronics Ag:

  • The EOD is -1.622. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.277. Based on the earnings, the company is expensive. -2
  • The TTM is -3.277. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.622MRQ-3.277+1.655
MRQ-3.277TTM-3.2770.000
TTM-3.277YOY-13.093+9.817
TTM-3.2775Y-18.934+15.658
5Y-18.93410Y-15.779-3.156
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD-1.62214.767-16.389
MRQ-3.27714.696-17.973
TTM-3.27714.600-17.877
YOY-13.09312.909-26.002
5Y-18.93418.612-37.546
10Y-15.77923.001-38.780
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Via Optronics Ag:

  • The EOD is 1.296. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.618. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.618. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.296MRQ2.618-1.322
MRQ2.618TTM2.6180.000
TTM2.618YOY-5.503+8.121
TTM2.6185Y-16.008+18.627
5Y-16.00810Y-13.340-2.668
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD1.2965.304-4.008
MRQ2.6185.406-2.788
TTM2.6182.989-0.371
YOY-5.5031.824-7.327
5Y-16.0081.629-17.637
10Y-13.3401.916-15.256
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electronic Components industry mean).
  • A PB ratio of 0.63 means the investor is paying $0.63 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Via Optronics Ag:

  • The EOD is 0.312. Based on the equity, the company is cheap. +2
  • The MRQ is 0.629. Based on the equity, the company is cheap. +2
  • The TTM is 0.629. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.312MRQ0.629-0.318
MRQ0.629TTM0.6290.000
TTM0.629YOY2.350-1.720
TTM0.6295Y1.320-0.690
5Y1.32010Y1.100+0.220
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD0.3121.807-1.495
MRQ0.6291.910-1.281
TTM0.6291.949-1.320
YOY2.3501.921+0.429
5Y1.3202.147-0.827
10Y1.1002.257-1.157
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Via Optronics Ag.

3.1. Institutions holding Via Optronics Ag

Institutions are holding 11.421% of the shares of Via Optronics Ag.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Royce & Associates, LP7.11330.01161611406-500-0.031
2023-12-31Cannell Capital LLC3.59580.138814575-1427596-63.6703
2023-09-30Needham Investment Management, LLC0.57390.025413000000
2023-09-30Millennium Management LLC0.0874019789-1286-6.102
2023-09-30Morgan Stanley - Brokerage Accounts0.01150260000
2023-09-30Qube Research & Technologies00990
2023-09-30UBS Group AG000-541-100
Total 11.38190.1752578379-1429914-55.5%

3.2. Funds holding Via Optronics Ag

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Royce Small-Cap Opportunity Invmt3.54350.048780273200
2023-12-31FTGF RY US SmCp Opp A USD Dis(A)1.79240.044440603800
2023-12-31Royce Micro-Cap Invmt1.15590.065626185700
2023-12-31Royce Capital Micro-Cap Inv0.51320.066311626000
2023-12-31Needham Aggressive Growth Retail0.44140.0197100000-30000-23.0769
2023-12-31Royce Small-Cap Opportunistic Value0.06420.04431455000
2024-02-29Royce Opportunity CIT CL R0.0440.0365996900
Total 7.55460.32551711406-30000-1.8%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Via Optronics Ag 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---0.593-0.5930%-0.5910%0.507-217%0.423-240%
Book Value Per Share--2.5362.5360%3.128-19%2.023+25%1.686+50%
Current Ratio--1.4491.4490%1.532-5%1.376+5%1.329+9%
Debt To Asset Ratio--0.6100.6100%0.595+3%0.699-13%0.583+5%
Debt To Equity Ratio--1.5701.5700%1.479+6%21.992-93%18.327-91%
Dividend Per Share----0%-0%-0%-0%
Eps---0.487-0.4870%-0.561+15%-0.319-35%-0.239-51%
Free Cash Flow Per Share--0.6100.6100%-1.336+319%-0.269+144%-0.249+141%
Free Cash Flow To Equity Per Share--0.6100.6100%-0.944+255%0.657-7%0.552+11%
Gross Profit Margin--1.0001.0000%1.555-36%1.146-13%0.936+7%
Intrinsic Value_10Y_max--5.274--------
Intrinsic Value_10Y_min--3.430--------
Intrinsic Value_1Y_max---0.097--------
Intrinsic Value_1Y_min---0.139--------
Intrinsic Value_3Y_max--0.185--------
Intrinsic Value_3Y_min---0.003--------
Intrinsic Value_5Y_max--1.042--------
Intrinsic Value_5Y_min--0.589--------
Market Cap17896265.000-102%36154993.98036154993.9800%166503261.750-78%101514873.146-64%84595727.622-57%
Net Profit Margin---0.052-0.0520%-0.064+22%-0.043-18%-0.031-40%
Operating Margin---0.034-0.0340%-0.081+137%-0.038+10%-0.025-28%
Operating Ratio---0.052-0.0520%1.081-105%0.820-106%0.844-106%
Pb Ratio0.312-102%0.6290.6290%2.350-73%1.320-52%1.100-43%
Pe Ratio-1.622+51%-3.277-3.2770%-13.093+300%-18.934+478%-15.779+382%
Price Per Share0.790-102%1.5961.5960%7.350-78%4.481-64%3.734-57%
Price To Free Cash Flow Ratio1.296-102%2.6182.6180%-5.503+310%-16.008+711%-13.340+610%
Price To Total Gains Ratio-1.333+51%-2.693-2.6930%-12.427+362%-3.817+42%-3.817+42%
Quick Ratio--1.1021.1020%1.092+1%1.014+9%0.906+22%
Return On Assets---0.075-0.0750%-0.071-5%-0.057-24%-0.047-37%
Return On Equity---0.192-0.1920%-0.177-8%-3.356+1644%-2.797+1353%
Total Gains Per Share---0.593-0.5930%-0.5910%0.507-217%0.423-240%
Usd Book Value--57438270.00057438270.0000%70865845.862-19%45824896.283+25%38187413.569+50%
Usd Book Value Change Per Share---0.593-0.5930%-0.5910%0.507-217%0.423-240%
Usd Book Value Per Share--2.5362.5360%3.128-19%2.023+25%1.686+50%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.487-0.4870%-0.561+15%-0.319-35%-0.239-51%
Usd Free Cash Flow--13808835.08913808835.0890%-30259044.202+319%-6086734.337+144%-5651038.053+141%
Usd Free Cash Flow Per Share--0.6100.6100%-1.336+319%-0.269+144%-0.249+141%
Usd Free Cash Flow To Equity Per Share--0.6100.6100%-0.944+255%0.657-7%0.552+11%
Usd Market Cap17896265.000-102%36154993.98036154993.9800%166503261.750-78%101514873.146-64%84595727.622-57%
Usd Price Per Share0.790-102%1.5961.5960%7.350-78%4.481-64%3.734-57%
Usd Profit---11033340.000-11033340.0000%-12448225.234+13%-7512332.295-32%-5655689.543-49%
Usd Revenue--212013200.000212013200.0000%195574059.923+8%181360574.927+17%174756591.985+21%
Usd Total Gains Per Share---0.593-0.5930%-0.5910%0.507-217%0.423-240%
 EOD+4 -4MRQTTM+0 -0YOY+16 -185Y+17 -1710Y+18 -16

4.2. Fundamental Score

Let's check the fundamental score of Via Optronics Ag based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.622
Price to Book Ratio (EOD)Between0-10.312
Net Profit Margin (MRQ)Greater than0-0.052
Operating Margin (MRQ)Greater than0-0.034
Quick Ratio (MRQ)Greater than11.102
Current Ratio (MRQ)Greater than11.449
Debt to Asset Ratio (MRQ)Less than10.610
Debt to Equity Ratio (MRQ)Less than11.570
Return on Equity (MRQ)Greater than0.15-0.192
Return on Assets (MRQ)Greater than0.05-0.075
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Via Optronics Ag based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.675
Ma 20Greater thanMa 500.871
Ma 50Greater thanMa 1000.837
Ma 100Greater thanMa 2000.862
OpenGreater thanClose0.791
Total2/5 (40.0%)



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
Total Operating Expenses  21,4811,20722,6893,38026,06911,91837,987-257,248-219,261



Latest Balance Sheet

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

Summary
Total Assets136,300
Total Liabilities83,200
Total Stockholder Equity53,000
 As reported
Total Liabilities 83,200
Total Stockholder Equity+ 53,000
Total Assets = 136,300

Assets

Total Assets136,300
Total Current Assets110,400
Long-term Assets25,900
Total Current Assets
Cash And Cash Equivalents 44,400
Short-term Investments 8,000
Net Receivables 23,600
Inventory 22,100
Other Current Assets 12,300
Total Current Assets  (as reported)110,400
Total Current Assets  (calculated)110,400
+/-0
Long-term Assets
Property Plant Equipment 20,900
Goodwill 8
Long Term Investments 1,300
Intangible Assets 2,992
Other Assets 700
Long-term Assets  (as reported)25,900
Long-term Assets  (calculated)25,900
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities76,200
Long-term Liabilities7,000
Total Stockholder Equity53,000
Total Current Liabilities
Short-term Debt 31,700
Short Long Term Debt 29,400
Accounts payable 27,100
Other Current Liabilities 17,400
Total Current Liabilities  (as reported)76,200
Total Current Liabilities  (calculated)105,600
+/- 29,400
Long-term Liabilities
Capital Lease Obligations 7,900
Long-term Liabilities Other 200
Long-term Liabilities  (as reported)7,000
Long-term Liabilities  (calculated)8,100
+/- 1,100
Total Stockholder Equity
Common Stock4,500
Retained Earnings -36,600
Other Stockholders Equity 85,100
Total Stockholder Equity (as reported)53,000
Total Stockholder Equity (calculated)53,000
+/-0
Other
Capital Stock4,500
Cash and Short Term Investments 52,400
Common Stock Shares Outstanding 22,654
Liabilities and Stockholders Equity 136,300
Net Debt -6,000
Net Invested Capital 83,500
Net Tangible Assets 50,000
Net Working Capital 34,200
Short Long Term Debt Total 38,400



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
0
80,571
81,660
149,900
161,666
136,300
136,300161,666149,90081,66080,5710
   > Total Current Assets 
43,671
62,331
56,725
128,400
133,850
110,400
110,400133,850128,40056,72562,33143,671
       Cash And Cash Equivalents 
0
9,943
9,335
81,000
58,004
44,400
44,40058,00481,0009,3359,9430
       Short-term Investments 
0
99
0
0
0
8,000
8,000000990
       Net Receivables 
14,693
28,818
26,273
26,500
37,353
23,600
23,60037,35326,50026,27328,81814,693
       Inventory 
21,823
20,479
14,486
17,300
35,850
22,100
22,10035,85017,30014,48620,47921,823
       Other Current Assets 
427
846
78
3,600
488
12,300
12,3004883,60078846427
   > Long-term Assets 
0
18,240
24,935
21,500
27,817
25,900
25,90027,81721,50024,93518,2400
       Property Plant Equipment 
3,610
10,027
18,576
16,800
21,531
20,900
20,90021,53116,80018,57610,0273,610
       Goodwill 
0
0
0
22
1,721
8
81,72122000
       Long Term Investments 
0
149
157
200
1,149
1,300
1,3001,1492001571490
       Intangible Assets 
0
6,127
6,034
4,078
2,448
2,992
2,9922,4484,0786,0346,1270
       Long-term Assets Other 
0
0
0
45
0
0
0045000
> Total Liabilities 
0
66,348
80,578
72,000
96,153
83,200
83,20096,15372,00080,57866,3480
   > Total Current Liabilities 
39,988
61,080
68,126
62,700
87,362
76,200
76,20087,36262,70068,12661,08039,988
       Short-term Debt 
0
27,394
31,804
22,200
36,583
31,700
31,70036,58322,20031,80427,3940
       Short Long Term Debt 
0
27,394
28,649
20,600
34,557
29,400
29,40034,55720,60028,64927,3940
       Accounts payable 
20,346
24,575
24,148
30,600
33,447
27,100
27,10033,44730,60024,14824,57520,346
       Other Current Liabilities 
5,191
9,073
11,839
9,710
16,311
17,400
17,40016,3119,71011,8399,0735,191
   > Long-term Liabilities 
0
5,268
12,452
9,300
8,791
7,000
7,0008,7919,30012,4525,2680
       Long-term Liabilities Other 
0
0
0
0
0
200
20000000
> Total Stockholder Equity
0
12,428
801
77,600
64,998
53,000
53,00064,99877,60080112,4280
   Retained Earnings 
1,556
5,428
-6,331
-9,900
-26,787
-36,600
-36,600-26,787-9,900-6,3315,4281,556
   Accumulated Other Comprehensive Income 
0
6,927
4,132
83,000
87,255
85,100
85,10087,25583,0004,1326,9270
   Capital Surplus 000000
   Treasury Stock000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue196,000
Cost of Revenue-192,470
Gross Profit196,0003,530
 
Operating Income (+$)
Gross Profit196,000
Operating Expense--202,700
Operating Income-6,700398,700
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense-202,7000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-1,500
Other Finance Cost-1,500
Net Interest Income0
 
Pretax Income (+$)
Operating Income-6,700
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-8,200-5,200
EBIT - interestExpense = -8,200
-8,200
-8,700
Interest Expense1,500
Earnings Before Interest and Taxes (EBIT)-6,700-6,700
Earnings Before Interest and Taxes (EBITDA)-6,700
 
After tax Income (+$)
Income Before Tax-8,200
Tax Provision-2,000
Net Income From Continuing Ops-10,200-10,200
Net Income-10,200
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses202,700
Total Other Income/Expenses Net-1,5000
 

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

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: 0.97 < 0.97 < 1.

The bearish price targets are: 0.7601 > 0.7111.

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Via Optronics Ag 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 Via Optronics Ag. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

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

Via Optronics Ag 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 Via Optronics Ag. The current macd is -0.007055.

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 Via Optronics Ag price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Via Optronics Ag. 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 Via Optronics Ag 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
Via Optronics Ag Daily Moving Average Convergence/Divergence (MACD) ChartVia Optronics Ag 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 Via Optronics Ag. The current adx is 20.37.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Via Optronics Ag shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Via Optronics Ag 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 Via Optronics Ag. The current sar is 0.94197043.

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
Via Optronics Ag 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 Via Optronics Ag. The current rsi is 42.68. 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
Via Optronics Ag Daily Relative Strength Index (RSI) ChartVia Optronics Ag 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 Via Optronics Ag. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Via Optronics Ag price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Via Optronics Ag Daily Stochastic Oscillator ChartVia Optronics Ag 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 Via Optronics Ag. The current cci is -165.03206868.

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
Via Optronics Ag Daily Commodity Channel Index (CCI) ChartVia Optronics Ag 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 Via Optronics Ag. The current cmo is -21.92433503.

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
Via Optronics Ag Daily Chande Momentum Oscillator (CMO) ChartVia Optronics Ag 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 Via Optronics Ag. The current willr is -75.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Via Optronics Ag is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Via Optronics Ag Daily Williams %R ChartVia Optronics Ag 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 Via Optronics Ag.

Via Optronics Ag 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 Via Optronics Ag. The current atr is 0.07793464.

Via Optronics Ag Daily Average True Range (ATR) ChartVia Optronics Ag 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 Via Optronics Ag. The current obv is -766,994.

Via Optronics Ag Daily On-Balance Volume (OBV) ChartVia Optronics Ag 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 Via Optronics Ag. The current mfi is 8.18000364.

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

  • MFI < 50: -1
  • MFI < 20: -1
Via Optronics Ag Daily Money Flow Index (MFI) ChartVia Optronics Ag Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Via Optronics Ag.

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

6.3. Candlestick Patterns

Via Optronics Ag Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Via Optronics Ag based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.675
Ma 20Greater thanMa 500.871
Ma 50Greater thanMa 1000.837
Ma 100Greater thanMa 2000.862
OpenGreater thanClose0.791
Total2/5 (40.0%)
Penke

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