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Victory Metals
Buy, Hold or Sell?

Let's analyse Victory Metals together

PenkeI guess you are interested in Victory Metals. 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 Victory Metals. 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 Victory Metals (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
A$0.10
Expected worth in 1 year
A$0.34
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$0.24
Return On Investment
99.6%

For what price can you sell your share?

Current Price per Share
A$0.24
Expected price per share
A$0.21 - A$0.29
How sure are you?
50%

1. Valuation of Victory Metals (5 min.)




Live pricePrice per Share (EOD)

A$0.24

Intrinsic Value Per Share

A$-0.82 - A$-0.61

Total Value Per Share

A$-0.72 - A$-0.51

2. Growth of Victory Metals (5 min.)




Is Victory Metals growing?

Current yearPrevious yearGrowGrow %
How rich?$5.3m$2.2m$3.1m58.8%

How much money is Victory Metals making?

Current yearPrevious yearGrowGrow %
Making money-$815k-$2.5m$1.7m215.1%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Victory Metals (5 min.)




What can you expect buying and holding a share of Victory Metals? (5 min.)

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

What can you expect buying and holding a share of Victory Metals?

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

Speculation

The Price per Share of Victory Metals is A$0.24. 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 Victory Metals.
  • 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 Victory Metals, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.10. Based on the TTM, the Book Value Change Per Share is A$0.06 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Victory Metals.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-4.2%-0.01-4.2%-0.03-13.1%-0.01-3.8%-0.06-24.1%
Usd Book Value Change Per Share0.0416.1%0.0416.1%0.0312.3%0.015.4%0.013.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0416.1%0.0416.1%0.0312.3%0.015.4%0.013.4%
Usd Price Per Share0.14-0.14-0.00-0.03-0.02-
Price to Earnings Ratio-14.21--14.21-0.00--2.84--1.78-
Price-to-Total Gains Ratio3.68-3.68-3.68-3.68-
Price to Book Ratio2.16-2.16-0.00-0.43-0.27-
Price-to-Total Gains Ratio3.68-3.68-3.68-3.68-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.155208
Number of shares6442
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.040.01
Usd Total Gains Per Share0.040.01
Gains per Quarter (6442 shares)248.8883.41
Gains per Year (6442 shares)995.51333.66
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
109969860334324
20199119820667658
302987297801001992
4039823974013351326
5049784970016681660
6059735966020021994
7069696962023362328
8079647958026692662
9089608954030032996
10099559950033373330

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%0.05.00.00.0%1.07.00.012.5%1.07.00.012.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.04.00.050.0%4.04.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.08.00.0%0.00.08.00.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.04.00.050.0%4.04.00.050.0%

Fundamentals of Victory Metals

About Victory Metals

Victory Metals Limited engages in the exploration and development of gold projects in Australia. It holds interest in the Cue goldfields being the Victory Tenements located in Western Australia; and explores for North Stanmore rare earth element project. The company was formerly known as Victory Goldfields Limited and changed its name to Victory Metals Limited in November 2022. Victory Metals Limited is based in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-03-27 14:11:02.

Financial Health

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

Valuation

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

1.1. Profitability of Victory Metals.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Victory Metals to the  industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Victory Metals:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y0.0%+0.0%
1.1.2. Return on Assets

Shows how efficient Victory Metals is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Victory Metals to the  industry mean.
  • -14.3% Return on Assets means that Victory Metals generated $-0.14 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Victory Metals:

  • The MRQ is -14.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -14.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-14.3%TTM-14.3%0.0%
TTM-14.3%YOY-92.5%+78.1%
TTM-14.3%5Y-764.5%+750.1%
5Y-764.5%10Y-1,487.4%+722.9%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Victory Metals to the  industry mean.
  • -15.2% Return on Equity means Victory Metals generated $-0.15 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Victory Metals:

  • The MRQ is -15.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -15.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-15.2%TTM-15.2%0.0%
TTM-15.2%YOY-116.5%+101.3%
TTM-15.2%5Y-92.8%+77.6%
5Y-92.8%10Y1,905.2%-1,998.0%

1.2. Operating Efficiency of Victory Metals.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Victory Metals is operating .

  • Measures how much profit Victory Metals 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 Victory Metals to the  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 Victory Metals:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Victory Metals is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Victory Metals:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y0.099-0.099

1.3. Liquidity of Victory Metals.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 6.40 means the company has $6.40 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Victory Metals:

  • The MRQ is 6.404. The company is very able to pay all its short-term debts. +2
  • The TTM is 6.404. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.404TTM6.4040.000
TTM6.404YOY2.993+3.411
TTM6.4045Y2.228+4.176
5Y2.22810Y1.857+0.371
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Victory Metals to the  industry mean.
  • A Quick Ratio of 6.23 means the company can pay off $6.23 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Victory Metals:

  • The MRQ is 6.230. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.230. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ6.230TTM6.2300.000
TTM6.230YOY2.883+3.348
TTM6.2305Y2.172+4.059
5Y2.17210Y1.742+0.430

1.4. Solvency of Victory Metals.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Victory Metals assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Victory Metals to industry mean.
  • A Debt to Asset Ratio of 0.06 means that Victory Metals assets are financed with 5.8% credit (debt) and the remaining percentage (100% - 5.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Victory Metals:

  • The MRQ is 0.058. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.058. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.058TTM0.0580.000
TTM0.058YOY0.206-0.148
TTM0.0585Y7.151-7.092
5Y7.15110Y11.043-3.893
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Victory Metals to the  industry mean.
  • A Debt to Equity ratio of 6.2% means that company has $0.06 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Victory Metals:

  • The MRQ is 0.062. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.062. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.062TTM0.0620.000
TTM0.062YOY0.260-0.198
TTM0.0625Y0.396-0.334
5Y0.39610Y0.476-0.080

2. Market Valuation of Victory Metals

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 Victory Metals generates.

  • Above 15 is considered overpriced but always compare Victory Metals to the  industry mean.
  • A PE ratio of -14.21 means the investor is paying $-14.21 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Victory Metals:

  • The EOD is -15.500. Based on the earnings, the company is expensive. -2
  • The MRQ is -14.208. Based on the earnings, the company is expensive. -2
  • The TTM is -14.208. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-15.500MRQ-14.208-1.292
MRQ-14.208TTM-14.2080.000
TTM-14.208YOY--14.208
TTM-14.2085Y-2.842-11.367
5Y-2.84210Y-1.776-1.066
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Victory Metals:

  • The EOD is -4.684. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.294. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.294. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.684MRQ-4.294-0.390
MRQ-4.294TTM-4.2940.000
TTM-4.294YOY--4.294
TTM-4.2945Y-0.859-3.435
5Y-0.85910Y-0.537-0.322
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Victory Metals is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 2.16 means the investor is paying $2.16 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Victory Metals:

  • The EOD is 2.362. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.165. Based on the equity, the company is underpriced. +1
  • The TTM is 2.165. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.362MRQ2.165+0.197
MRQ2.165TTM2.1650.000
TTM2.165YOY-+2.165
TTM2.1655Y0.433+1.732
5Y0.43310Y0.271+0.162
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Victory Metals 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--0.0600.0600%0.046+31%0.020+198%0.013+370%
Book Value Per Share--0.1020.1020%0.042+143%0.028+264%0.101+1%
Current Ratio--6.4046.4040%2.993+114%2.228+187%1.857+245%
Debt To Asset Ratio--0.0580.0580%0.206-72%7.151-99%11.043-99%
Debt To Equity Ratio--0.0620.0620%0.260-76%0.396-84%0.476-87%
Dividend Per Share----0%-0%-0%-0%
Eps---0.015-0.0150%-0.049+215%-0.014-10%-0.090+479%
Free Cash Flow Per Share---0.051-0.0510%-0.030-41%-0.021-59%0.001-3551%
Free Cash Flow To Equity Per Share--0.0150.0150%-0.038+349%-0.009+158%-0.002+114%
Gross Profit Margin--1.1241.1240%1.795-37%1.368-18%1.230-9%
Intrinsic Value_10Y_max---0.614--------
Intrinsic Value_10Y_min---0.823--------
Intrinsic Value_1Y_max---0.030--------
Intrinsic Value_1Y_min---0.042--------
Intrinsic Value_3Y_max---0.114--------
Intrinsic Value_3Y_min---0.161--------
Intrinsic Value_5Y_max---0.227--------
Intrinsic Value_5Y_min---0.320--------
Market Cap19535917.440+8%17907924.32017907924.3200%-+100%3581584.864+400%2238490.540+700%
Net Profit Margin----0%-0%-0%0.0000%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%0.099-100%
Pb Ratio2.362+8%2.1652.1650%-+100%0.433+400%0.271+700%
Pe Ratio-15.500-9%-14.208-14.2080%--100%-2.842-80%-1.776-88%
Price Per Share0.240+8%0.2200.2200%-+100%0.044+400%0.028+700%
Price To Free Cash Flow Ratio-4.684-9%-4.294-4.2940%--100%-0.859-80%-0.537-88%
Price To Total Gains Ratio4.017+8%3.6833.6830%--3.6830%3.6830%
Quick Ratio--6.2306.2300%2.883+116%2.172+187%1.742+258%
Return On Assets---0.143-0.1430%-0.925+544%-7.645+5228%-14.874+10266%
Return On Equity---0.152-0.1520%-1.165+665%-0.928+509%19.052-101%
Total Gains Per Share--0.0600.0600%0.046+31%0.020+198%0.013+370%
Usd Book Value--5349374.3535349374.3530%2204599.653+143%1468240.389+264%5319272.328+1%
Usd Book Value Change Per Share--0.0390.0390%0.030+31%0.013+198%0.008+370%
Usd Book Value Per Share--0.0660.0660%0.027+143%0.018+264%0.065+1%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.010-0.0100%-0.032+215%-0.009-10%-0.058+479%
Usd Free Cash Flow---2697028.075-2697028.0750%-1597460.879-41%-1106112.058-59%78159.919-3551%
Usd Free Cash Flow Per Share---0.033-0.0330%-0.020-41%-0.014-59%0.001-3551%
Usd Free Cash Flow To Equity Per Share--0.0100.0100%-0.025+349%-0.006+158%-0.001+114%
Usd Market Cap12633877.808+8%11581054.65811581054.6580%-+100%2316210.932+400%1447631.832+700%
Usd Price Per Share0.155+8%0.1420.1420%-+100%0.028+400%0.018+700%
Usd Profit---815081.926-815081.9260%-2568236.477+215%-733715.296-10%-4716267.826+479%
Usd Revenue----0%-0%-0%6133221.963-100%
Usd Total Gains Per Share--0.0390.0390%0.030+31%0.013+198%0.008+370%
 EOD+6 -2MRQTTM+0 -0YOY+23 -65Y+20 -910Y+23 -8

3.2. Fundamental Score

Let's check the fundamental score of Victory Metals based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-15.500
Price to Book Ratio (EOD)Between0-12.362
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than16.230
Current Ratio (MRQ)Greater than16.404
Debt to Asset Ratio (MRQ)Less than10.058
Debt to Equity Ratio (MRQ)Less than10.062
Return on Equity (MRQ)Greater than0.15-0.152
Return on Assets (MRQ)Greater than0.05-0.143
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Victory Metals based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.629
Ma 20Greater thanMa 500.263
Ma 50Greater thanMa 1000.246
Ma 100Greater thanMa 2000.233
OpenGreater thanClose0.255
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
Other Stockholders Equity  1,40401,404531,456-1,42234-246-212



Latest Balance Sheet

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

Summary
Total Assets8,783
Total Liabilities512
Total Stockholder Equity8,272
 As reported
Total Liabilities 512
Total Stockholder Equity+ 8,272
Total Assets = 8,783

Assets

Total Assets8,783
Total Current Assets3,276
Long-term Assets5,507
Total Current Assets
Cash And Cash Equivalents 3,119
Net Receivables 69
Other Current Assets 89
Total Current Assets  (as reported)3,276
Total Current Assets  (calculated)3,276
+/-0
Long-term Assets
Property Plant Equipment 482
Long-term Assets Other 5,025
Long-term Assets  (as reported)5,507
Long-term Assets  (calculated)5,507
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities512
Long-term Liabilities0
Total Stockholder Equity8,272
Total Current Liabilities
Accounts payable 455
Other Current Liabilities 57
Total Current Liabilities  (as reported)512
Total Current Liabilities  (calculated)512
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock13,514
Retained Earnings -5,819
Accumulated Other Comprehensive Income 577
Total Stockholder Equity (as reported)8,272
Total Stockholder Equity (calculated)8,272
+/-0
Other
Cash and Short Term Investments 3,119
Common Stock Shares Outstanding 59,245
Liabilities and Stockholders Equity 8,783
Net Debt -3,119
Net Working Capital 2,765



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
170,204
392
188
75
5
13
4,294
8,783
8,7834,29413575188392170,204
   > Total Current Assets 
76,435
389
188
75
5
13
2,057
3,276
3,2762,0571357518838976,435
       Cash And Cash Equivalents 
806
209
188
75
5
4
1,895
3,119
3,1191,8954575188209806
       Net Receivables 
15,295
151
0
0
0
9
86
69
6986900015115,295
       Inventory 
58,907
0
0
0
0
-9
0
0
00-9000058,907
       Other Current Assets 
1,416
0
0
0
0
9
76
89
8976900001,416
   > Long-term Assets 
0
0
0
0
0
0
2,237
5,507
5,5072,237000000
       Property Plant Equipment 
80,789
0
0
0
0
0
470
482
4824700000080,789
       Goodwill 
8,013
0
0
0
0
0
0
0
00000008,013
       Intangible Assets 
4,967
3
0
0
1
0
0
0
00010034,967
       Other Assets 
0
0
0
0
0
21
50
0
0502100000
> Total Liabilities 
96,035
20,233
66
47
51
324
885
512
51288532451476620,23396,035
   > Total Current Liabilities 
94,540
10,733
66
47
51
278
687
512
51268727851476610,73394,540
       Short-term Debt 
11,032
3,037
0
0
0
0
190
0
019000003,03711,032
       Accounts payable 
0
153
0
0
51
249
433
455
45543324951001530
       Other Current Liabilities 
0
1,183
66
47
51
28
64
57
5764285147661,1830
   > Long-term Liabilities 
0
0
0
0
0
47
198
0
01984700000
       Long term Debt Total 
0
0
0
0
0
0
198
0
0198000000
> Total Stockholder Equity
74,169
-19,841
123
28
-46
-311
3,409
8,272
8,2723,409-311-4628123-19,84174,169
   Common Stock
38,227
65,488
66,177
66,177
64,856
276
7,479
13,514
13,5147,47927664,85666,17766,17765,48838,227
   Retained Earnings 
33,017
-86,732
-67,458
-67,553
-67,628
-587
-4,559
-5,819
-5,819-4,559-587-67,628-67,553-67,458-86,73233,017
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
2,925
1,403
1,404
1,404
1,404
1,456
34
-212
-212341,4561,4041,4041,4041,4032,925



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

All numbers in thousands.


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

Gross Profit (+$)
totalRevenue0
Cost of Revenue-225
Gross Profit-225-225
 
Operating Income (+$)
Gross Profit-225
Operating Expense-1,055
Operating Income-1,280-1,280
 
Operating Expense (+$)
Research Development0
Selling General Administrative899
Selling And Marketing Expenses157
Operating Expense1,0551,055
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-1,280
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,260-1,300
EBIT - interestExpense = -1,280
-1,260
-1,260
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-1,280-1,260
Earnings Before Interest and Taxes (EBITDA)-1,055
 
After tax Income (+$)
Income Before Tax-1,260
Tax Provision-0
Net Income From Continuing Ops0-1,260
Net Income-1,260
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,280
Total Other Income/Expenses Net200
 

Technical Analysis of Victory Metals
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 Victory Metals. The general trend of Victory Metals is BULLISH with 42.9% 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 Victory Metals'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 (42.9%) Bearish trend (-42.9%)
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 Victory Metals.

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

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

The bullish price targets are: 0.29 < 0.29 < 0.29.

The bearish price targets are: 0.25 > 0.24 > 0.21.

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Victory Metals 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 Victory Metals. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-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 higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Victory Metals 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 Victory Metals. The current macd is -0.00016163.

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 Victory Metals price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Victory Metals. 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 Victory Metals 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
Victory Metals Daily Moving Average Convergence/Divergence (MACD) ChartVictory Metals 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 Victory Metals. The current adx is 31.25.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Victory Metals shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Victory Metals 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 Victory Metals. The current sar is 0.2743.

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
Victory Metals 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 Victory Metals. The current rsi is 42.63. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Victory Metals Daily Relative Strength Index (RSI) ChartVictory Metals 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 Victory Metals. The current phase is Oversold in bull 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 Victory Metals price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Victory Metals Daily Stochastic Oscillator ChartVictory Metals 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 Victory Metals. The current cci is -107.84313725.

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
Victory Metals Daily Commodity Channel Index (CCI) ChartVictory Metals 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 Victory Metals. The current cmo is -25.22853777.

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
Victory Metals Daily Chande Momentum Oscillator (CMO) ChartVictory Metals 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 Victory Metals. The current willr is -100.

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
Victory Metals Daily Williams %R ChartVictory Metals 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 Victory Metals.

Victory Metals 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 Victory Metals. The current atr is 0.01380116.

Victory Metals Daily Average True Range (ATR) ChartVictory Metals 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 Victory Metals. The current obv is 23,648,149.

Victory Metals Daily On-Balance Volume (OBV) ChartVictory Metals 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 Victory Metals. The current mfi is 31.00.

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
Victory Metals Daily Money Flow Index (MFI) ChartVictory Metals Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Victory Metals.

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

6.3. Candlestick Patterns

Victory Metals Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Victory Metals based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.629
Ma 20Greater thanMa 500.263
Ma 50Greater thanMa 1000.246
Ma 100Greater thanMa 2000.233
OpenGreater thanClose0.255
Total3/5 (60.0%)
Penke

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