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Websol Energy System Limited
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Let's analyse Websol Energy System Limited together

PenkeI guess you are interested in Websol Energy System Limited. 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 Websol Energy System Limited. 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 Websol Energy System Limited (30 sec.)










What can you expect buying and holding a share of Websol Energy System Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR45.32
Expected worth in 1 year
INR45.04
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
INR-0.28
Return On Investment
-0.1%

For what price can you sell your share?

Current Price per Share
INR485.30
Expected price per share
INR320.20 - INR
How sure are you?
50%

1. Valuation of Websol Energy System Limited (5 min.)




Live pricePrice per Share (EOD)

INR485.30

Intrinsic Value Per Share

INR-39.77 - INR1.62

Total Value Per Share

INR5.56 - INR46.95

2. Growth of Websol Energy System Limited (5 min.)




Is Websol Energy System Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$22.9m$22.9m-$35.8k-0.2%

How much money is Websol Energy System Limited making?

Current yearPrevious yearGrowGrow %
Making money-$2.8m$1.1m-$4m-140.9%
Net Profit Margin-137.5%4.5%--

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

3. Financial Health of Websol Energy System Limited (5 min.)




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




  Industry Rankings (Solar)  


Richest
#55 / 84

Most Revenue
#71 / 84

Most Profit
#59 / 84

What can you expect buying and holding a share of Websol Energy System Limited? (5 min.)

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

What can you expect buying and holding a share of Websol Energy System Limited?

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

Speculation

The Price per Share of Websol Energy System Limited is INR485.30. 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 Websol Energy System Limited.
  • 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 Websol Energy System Limited, 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 INR45.32. Based on the TTM, the Book Value Change Per Share is INR-0.07 per quarter. Based on the YOY, the Book Value Change Per Share is INR-0.19 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Websol Energy System Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.070.0%-0.070.0%0.030.0%0.020.0%-0.010.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.060.0%0.070.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.060.0%0.070.0%
Usd Price Per Share0.93-0.93-1.13-0.60-0.57-
Price to Earnings Ratio-13.77--13.77-41.09-7.80-9.30-
Price-to-Total Gains Ratio-1,090.81--1,090.81--508.15--324.55--163.62-
Price to Book Ratio1.70-1.70-2.07-1.27-1.25-
Price-to-Total Gains Ratio-1,090.81--1,090.81--508.15--324.55--163.62-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.8236
Number of shares171
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.06
Usd Total Gains Per Share0.000.06
Gains per Quarter (171 shares)-0.159.87
Gains per Year (171 shares)-0.5839.47
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1-1103929
20-1-1207968
30-2-130118107
40-2-140158146
50-3-150197185
60-3-160237224
70-4-170276263
80-5-180316302
90-5-190355341
100-6-200395380

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%5.05.00.050.0%8.08.00.050.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%8.08.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%3.00.013.018.8%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%8.08.00.050.0%

Fundamentals of Websol Energy System Limited

About Websol Energy System Limited

Websol Energy System Limited manufactures and sells solar photovoltaic (PV) crystalline solar cells and related modules in India. It also exports its products to Germany, Italy, and the United States. The company was formerly known as Websol Energy Systems Ltd. and changed its name to Websol Energy System Limited in October 2011. Websol Energy System Limited was incorporated in 1990 and is based in Falta, India.

Fundamental data was last updated by Penke on 2024-03-23 20:34:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge 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.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not 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 Websol Energy System Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Websol Energy System Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Websol Energy System Limited to the Solar industry mean.
  • A Net Profit Margin of -137.5% means that ₹-1.37 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Websol Energy System Limited:

  • The MRQ is -137.5%. The company is making a huge loss. -2
  • The TTM is -137.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-137.5%TTM-137.5%0.0%
TTM-137.5%YOY4.5%-142.0%
TTM-137.5%5Y-25.5%-111.9%
5Y-25.5%10Y-14.2%-11.3%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-137.5%0.7%-138.2%
TTM-137.5%-4.3%-133.2%
YOY4.5%-0.3%+4.8%
5Y-25.5%-7.8%-17.7%
10Y-14.2%-8.3%-5.9%
1.1.2. Return on Assets

Shows how efficient Websol Energy System Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Websol Energy System Limited to the Solar industry mean.
  • -8.9% Return on Assets means that Websol Energy System Limited generated ₹-0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Websol Energy System Limited:

  • The MRQ is -8.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -8.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-8.9%TTM-8.9%0.0%
TTM-8.9%YOY3.4%-12.2%
TTM-8.9%5Y2.5%-11.3%
5Y2.5%10Y1.5%+1.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.9%-0.1%-8.8%
TTM-8.9%-0.2%-8.7%
YOY3.4%-0.2%+3.6%
5Y2.5%-0.6%+3.1%
10Y1.5%-0.6%+2.1%
1.1.3. Return on Equity

Shows how efficient Websol Energy System Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Websol Energy System Limited to the Solar industry mean.
  • -12.4% Return on Equity means Websol Energy System Limited generated ₹-0.12 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Websol Energy System Limited:

  • The MRQ is -12.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -12.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-12.4%TTM-12.4%0.0%
TTM-12.4%YOY5.0%-17.4%
TTM-12.4%5Y-0.1%-12.3%
5Y-0.1%10Y13.6%-13.7%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.4%0.6%-13.0%
TTM-12.4%0.4%-12.8%
YOY5.0%0.5%+4.5%
5Y-0.1%-0.5%+0.4%
10Y13.6%-0.6%+14.2%

1.2. Operating Efficiency of Websol Energy System Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Websol Energy System Limited is operating .

  • Measures how much profit Websol Energy System Limited 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 Websol Energy System Limited to the Solar industry mean.
  • An Operating Margin of -146.3% means the company generated ₹-1.46  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Websol Energy System Limited:

  • The MRQ is -146.3%. The company is operating very inefficient. -2
  • The TTM is -146.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-146.3%TTM-146.3%0.0%
TTM-146.3%YOY8.5%-154.9%
TTM-146.3%5Y-31.3%-115.0%
5Y-31.3%10Y-15.6%-15.7%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-146.3%-4.3%-142.0%
TTM-146.3%-0.7%-145.6%
YOY8.5%0.2%+8.3%
5Y-31.3%0.1%-31.4%
10Y-15.6%-1.4%-14.2%
1.2.2. Operating Ratio

Measures how efficient Websol Energy System Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Solar industry mean).
  • An Operation Ratio of 2.64 means that the operating costs are ₹2.64 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Websol Energy System Limited:

  • The MRQ is 2.638. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.638. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.638TTM2.6380.000
TTM2.638YOY0.933+1.705
TTM2.6385Y1.348+1.291
5Y1.34810Y1.135+0.213
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6381.629+1.009
TTM2.6381.630+1.008
YOY0.9331.680-0.747
5Y1.3481.618-0.270
10Y1.1351.423-0.288

1.3. Liquidity of Websol Energy System Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Websol Energy System Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Solar industry mean).
  • A Current Ratio of 0.31 means the company has ₹0.31 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Websol Energy System Limited:

  • The MRQ is 0.305. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.305. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.305TTM0.3050.000
TTM0.305YOY0.912-0.607
TTM0.3055Y0.547-0.242
5Y0.54710Y0.451+0.096
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3051.265-0.960
TTM0.3051.390-1.085
YOY0.9121.456-0.544
5Y0.5471.536-0.989
10Y0.4511.355-0.904
1.3.2. Quick Ratio

Measures if Websol Energy System Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Websol Energy System Limited to the Solar industry mean.
  • A Quick Ratio of 0.04 means the company can pay off ₹0.04 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Websol Energy System Limited:

  • The MRQ is 0.038. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.038. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.038TTM0.0380.000
TTM0.038YOY0.552-0.514
TTM0.0385Y0.290-0.252
5Y0.29010Y0.259+0.030
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0380.517-0.479
TTM0.0380.575-0.537
YOY0.5520.648-0.096
5Y0.2900.651-0.361
10Y0.2590.728-0.469

1.4. Solvency of Websol Energy System Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Websol Energy System Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Websol Energy System Limited to Solar industry mean.
  • A Debt to Asset Ratio of 0.28 means that Websol Energy System Limited assets are financed with 28.4% credit (debt) and the remaining percentage (100% - 28.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Websol Energy System Limited:

  • The MRQ is 0.284. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.284. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.284TTM0.2840.000
TTM0.284YOY0.330-0.046
TTM0.2845Y0.457-0.173
5Y0.45710Y0.786-0.329
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2840.588-0.304
TTM0.2840.587-0.303
YOY0.3300.611-0.281
5Y0.4570.617-0.160
10Y0.7860.614+0.172
1.4.2. Debt to Equity Ratio

Measures if Websol Energy System Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Websol Energy System Limited to the Solar industry mean.
  • A Debt to Equity ratio of 39.6% means that company has ₹0.40 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Websol Energy System Limited:

  • The MRQ is 0.396. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.396. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.396TTM0.3960.000
TTM0.396YOY0.492-0.096
TTM0.3965Y1.180-0.784
5Y1.18010Y1.328-0.148
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3961.389-0.993
TTM0.3961.367-0.971
YOY0.4921.657-1.165
5Y1.1801.730-0.550
10Y1.3281.617-0.289

2. Market Valuation of Websol Energy System Limited

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 Websol Energy System Limited generates.

  • Above 15 is considered overpriced but always compare Websol Energy System Limited to the Solar industry mean.
  • A PE ratio of -13.77 means the investor is paying ₹-13.77 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Websol Energy System Limited:

  • The EOD is -86.535. Based on the earnings, the company is expensive. -2
  • The MRQ is -13.775. Based on the earnings, the company is expensive. -2
  • The TTM is -13.775. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-86.535MRQ-13.775-72.760
MRQ-13.775TTM-13.7750.000
TTM-13.775YOY41.094-54.868
TTM-13.7755Y7.800-21.574
5Y7.80010Y9.304-1.504
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-86.535-0.072-86.463
MRQ-13.775-0.031-13.744
TTM-13.775-0.031-13.744
YOY41.094-1.055+42.149
5Y7.800-2.382+10.182
10Y9.3041.668+7.636
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Websol Energy System Limited:

  • The EOD is -144.448. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -22.993. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -22.993. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-144.448MRQ-22.993-121.455
MRQ-22.993TTM-22.9930.000
TTM-22.993YOY-100.943+77.950
TTM-22.9935Y-36.976+13.983
5Y-36.97610Y-8.455-28.521
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-144.448-2.787-141.661
MRQ-22.993-3.500-19.493
TTM-22.993-4.410-18.583
YOY-100.943-4.654-96.289
5Y-36.976-5.746-31.230
10Y-8.455-6.822-1.633
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Websol Energy System Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Solar industry mean).
  • A PB ratio of 1.70 means the investor is paying ₹1.70 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Websol Energy System Limited:

  • The EOD is 10.708. Based on the equity, the company is expensive. -2
  • The MRQ is 1.704. Based on the equity, the company is underpriced. +1
  • The TTM is 1.704. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD10.708MRQ1.704+9.003
MRQ1.704TTM1.7040.000
TTM1.704YOY2.074-0.370
TTM1.7045Y1.274+0.431
5Y1.27410Y1.250+0.023
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD10.7081.288+9.420
MRQ1.7041.570+0.134
TTM1.7041.728-0.024
YOY2.0742.216-0.142
5Y1.2741.933-0.659
10Y1.2502.346-1.096
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Websol Energy System Limited 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---0.071-0.0710%-0.185+162%4.808-101%6.147-101%
Book Value Per Share--45.32345.3230%45.3930%37.356+21%9.365+384%
Current Ratio--0.3050.3050%0.912-67%0.547-44%0.451-32%
Debt To Asset Ratio--0.2840.2840%0.330-14%0.457-38%0.786-64%
Debt To Equity Ratio--0.3960.3960%0.492-20%1.180-66%1.328-70%
Dividend Per Share----0%-0%-0%-0%
Eps---5.608-5.6080%2.291-345%1.374-508%-0.570-90%
Free Cash Flow Per Share---3.360-3.3600%-0.933-72%0.862-490%0.009-37386%
Free Cash Flow To Equity Per Share---0.874-0.8740%0.501-275%-1.158+32%-1.167+33%
Gross Profit Margin--1.0081.0080%0.970+4%0.965+4%0.957+5%
Intrinsic Value_10Y_max--1.624--------
Intrinsic Value_10Y_min---39.766--------
Intrinsic Value_1Y_max--0.987--------
Intrinsic Value_1Y_min---1.008--------
Intrinsic Value_3Y_max--2.338--------
Intrinsic Value_3Y_min---5.625--------
Intrinsic Value_5Y_max--2.931--------
Intrinsic Value_5Y_min---13.052--------
Market Cap20482717390.000+84%3260436675.0003260436675.0000%3973723145.000-18%2124665142.000+53%2019571455.000+61%
Net Profit Margin---1.375-1.3750%0.045-3131%-0.255-81%-0.142-90%
Operating Margin---1.463-1.4630%0.085-1817%-0.313-79%-0.156-89%
Operating Ratio--2.6382.6380%0.933+183%1.348+96%1.135+133%
Pb Ratio10.708+84%1.7041.7040%2.074-18%1.274+34%1.250+36%
Pe Ratio-86.535-528%-13.775-13.7750%41.094-134%7.800-277%9.304-248%
Price Per Share485.300+84%77.25077.2500%94.150-18%50.340+53%47.850+61%
Price To Free Cash Flow Ratio-144.448-528%-22.993-22.9930%-100.943+339%-36.976+61%-8.455-63%
Price To Total Gains Ratio-6852.699-528%-1090.812-1090.8120%-508.149-53%-324.550-70%-163.619-85%
Quick Ratio--0.0380.0380%0.552-93%0.290-87%0.259-85%
Return On Assets---0.089-0.0890%0.034-362%0.025-461%0.015-698%
Return On Equity---0.124-0.1240%0.050-345%-0.001-99%0.136-191%
Total Gains Per Share---0.071-0.0710%-0.185+162%4.808-101%6.147-101%
Usd Book Value--22954800.00022954800.0000%22990668.0000%18920042.400+21%4743121.200+384%
Usd Book Value Change Per Share---0.001-0.0010%-0.002+162%0.058-101%0.074-101%
Usd Book Value Per Share--0.5440.5440%0.5450%0.448+21%0.112+384%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.067-0.0670%0.027-345%0.016-508%-0.007-90%
Usd Free Cash Flow---1701600.000-1701600.0000%-472392.000-72%436706.400-490%4563.600-37386%
Usd Free Cash Flow Per Share---0.040-0.0400%-0.011-72%0.010-490%0.000-37386%
Usd Free Cash Flow To Equity Per Share---0.010-0.0100%0.006-275%-0.014+32%-0.014+33%
Usd Market Cap245792608.680+84%39125240.10039125240.1000%47684677.740-18%25495981.704+53%24234857.460+61%
Usd Price Per Share5.824+84%0.9270.9270%1.130-18%0.604+53%0.574+61%
Usd Profit---2840400.000-2840400.0000%1160388.000-345%754836.000-476%-277815.600-90%
Usd Revenue--2066400.0002066400.0000%25586796.000-92%15555352.800-87%24826165.200-92%
Usd Total Gains Per Share---0.001-0.0010%-0.002+162%0.058-101%0.074-101%
 EOD+5 -3MRQTTM+0 -0YOY+10 -245Y+12 -2210Y+13 -21

3.2. Fundamental Score

Let's check the fundamental score of Websol Energy System Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-86.535
Price to Book Ratio (EOD)Between0-110.708
Net Profit Margin (MRQ)Greater than0-1.375
Operating Margin (MRQ)Greater than0-1.463
Quick Ratio (MRQ)Greater than10.038
Current Ratio (MRQ)Greater than10.305
Debt to Asset Ratio (MRQ)Less than10.284
Debt to Equity Ratio (MRQ)Less than10.396
Return on Equity (MRQ)Greater than0.15-0.124
Return on Assets (MRQ)Greater than0.05-0.089
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Websol Energy System Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.391
Ma 20Greater thanMa 50388.813
Ma 50Greater thanMa 100386.364
Ma 100Greater thanMa 200309.889
OpenGreater thanClose479.950
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets2,670,700
Total Liabilities757,800
Total Stockholder Equity1,912,900
 As reported
Total Liabilities 757,800
Total Stockholder Equity+ 1,912,900
Total Assets = 2,670,700

Assets

Total Assets2,670,700
Total Current Assets176,200
Long-term Assets2,494,500
Total Current Assets
Cash And Cash Equivalents 900
Short-term Investments 27
Net Receivables 21,000
Inventory 136,100
Other Current Assets 18,200
Total Current Assets  (as reported)176,200
Total Current Assets  (calculated)176,227
+/- 27
Long-term Assets
Property Plant Equipment 2,157,300
Intangible Assets 100
Other Assets 302,800
Long-term Assets  (as reported)2,494,500
Long-term Assets  (calculated)2,460,200
+/- 34,300

Liabilities & Shareholders' Equity

Total Current Liabilities577,700
Long-term Liabilities180,100
Total Stockholder Equity1,912,900
Total Current Liabilities
Short-term Debt 274,300
Short Long Term Debt 271,100
Accounts payable 219,600
Other Current Liabilities 17,800
Total Current Liabilities  (as reported)577,700
Total Current Liabilities  (calculated)782,800
+/- 205,100
Long-term Liabilities
Long term Debt Total 800
Other Liabilities 179,288
Long-term Liabilities  (as reported)180,100
Long-term Liabilities  (calculated)180,088
+/- 12
Total Stockholder Equity
Common Stock388,000
Retained Earnings -2,411,836
Accumulated Other Comprehensive Income 1,910,928
Capital Surplus 2,025,730
Total Stockholder Equity (as reported)1,912,900
Total Stockholder Equity (calculated)1,912,822
+/- 78
Other
Capital Stock388,000
Cash and Short Term Investments 900
Common Stock Shares Outstanding 37,521
Current Deferred Revenue66,000
Liabilities and Stockholders Equity 2,670,700
Net Debt 274,200
Net Invested Capital 2,184,000
Net Tangible Assets 1,912,697
Net Working Capital -401,500
Property Plant and Equipment Gross 2,157,300
Short Long Term Debt Total 275,100



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-31
> Total Assets 
2,408,644
4,568,136
4,838,163
6,209,624
4,780,927
5,303,691
6,294,765
5,874,446
4,529,860
3,208,315
3,579,396
3,517,078
3,107,262
2,842,184
2,858,985
2,670,700
2,670,7002,858,9852,842,1843,107,2623,517,0783,579,3963,208,3154,529,8605,874,4466,294,7655,303,6914,780,9276,209,6244,838,1634,568,1362,408,644
   > Total Current Assets 
1,514,362
1,983,009
2,063,717
2,522,373
885,514
1,448,780
2,492,360
2,395,355
1,166,806
199,971
512,447
506,434
532,099
414,502
574,170
176,200
176,200574,170414,502532,099506,434512,447199,9711,166,8062,395,3552,492,3601,448,780885,5142,522,3732,063,7171,983,0091,514,362
       Cash And Cash Equivalents 
51,335
71,839
71,586
126,317
152,710
91,594
25,485
13,498
7,008
31,748
712
749
5,197
16,554
37,699
900
90037,69916,5545,19774971231,7487,00813,49825,48591,594152,710126,31771,58671,83951,335
       Short-term Investments 
0
0
0
0
500
0
0
0
0
1,214
35
35
100
100
100
27
2710010010035351,21400005000000
       Net Receivables 
0
0
0
0
0
0
1,878,814
1,625,286
720,718
25,833
309,226
166,611
403,602
217,503
309,349
21,000
21,000309,349217,503403,602166,611309,22625,833720,7181,625,2861,878,814000000
       Inventory 
378,808
480,090
696,848
1,188,867
333,250
391,929
383,682
530,549
205,602
42,318
181,667
339,010
120,393
177,538
224,217
136,100
136,100224,217177,538120,393339,010181,66742,318205,602530,549383,682391,929333,2501,188,867696,848480,090378,808
       Other Current Assets 
1,084,219
1,431,080
1,295,283
1,207,189
399,054
965,257
2,083,193
1,851,308
954,196
125,905
330,033
29
2,907
2,907
2,905
18,200
18,2002,9052,9072,90729330,033125,905954,1961,851,3082,083,193965,257399,0541,207,1891,295,2831,431,0801,084,219
   > Long-term Assets 
894,282
2,585,127
2,774,446
3,687,251
3,895,413
3,854,911
3,802,405
3,479,091
3,363,054
3,008,344
3,066,949
3,010,644
2,575,163
2,427,682
2,284,815
2,494,500
2,494,5002,284,8152,427,6822,575,1633,010,6443,066,9493,008,3443,363,0543,479,0913,802,4053,854,9113,895,4133,687,2512,774,4462,585,127894,282
       Property Plant Equipment 
315,227
331,865
2,348,241
2,913,875
3,431,474
3,384,706
3,333,211
2,801,503
2,659,631
2,832,582
2,932,123
2,878,002
2,542,146
2,393,204
2,249,612
2,157,300
2,157,3002,249,6122,393,2042,542,1462,878,0022,932,1232,832,5822,659,6312,801,5033,333,2113,384,7063,431,4742,913,8752,348,241331,865315,227
       Long Term Investments 
0
0
0
0
0
0
1,510
1,510
1,510
1,510
35,100
34,600
0
0
0
0
000034,60035,1001,5101,5101,5101,510000000
       Intangible Assets 
0
0
0
0
0
0
531
425
319
213
326
268
210
158
156
100
100156158210268326213319425531000000
       Long-term Assets Other 
579,055
2,253,262
426,205
773,376
462,929
469,652
468,663
677,163
703,104
175,549
134,500
132,374
32,807
-2,393,362
600
302,800
302,800600-2,393,36232,807132,374134,500175,549703,104677,163468,663469,652462,929773,376426,2052,253,262579,055
> Total Liabilities 
1,534,658
3,597,613
3,284,505
4,389,720
5,303,341
5,985,203
7,719,735
7,824,408
6,578,532
2,613,640
2,681,217
2,657,364
1,836,123
918,475
943,096
757,800
757,800943,096918,4751,836,1232,657,3642,681,2172,613,6406,578,5327,824,4087,719,7355,985,2035,303,3414,389,7203,284,5053,597,6131,534,658
   > Total Current Liabilities 
133,539
342,503
233,802
1,132,698
1,994,275
3,371,855
5,694,449
5,917,453
3,863,374
1,647,636
1,003,856
1,164,150
1,046,965
721,449
629,437
577,700
577,700629,437721,4491,046,9651,164,1501,003,8561,647,6363,863,3745,917,4535,694,4493,371,8551,994,2751,132,698233,802342,503133,539
       Short-term Debt 
0
0
0
0
712,372
1,421,989
3,191,375
2,117,082
2,055,697
332,693
248,417
220,556
381,435
221,710
320,109
274,300
274,300320,109221,710381,435220,556248,417332,6932,055,6972,117,0823,191,3751,421,989712,3720000
       Short Long Term Debt 
0
0
0
0
0
0
4,907,030
1,051,525
1,051,525
332,693
248,416
220,555
378,683
134,000
316,900
271,100
271,100316,900134,000378,683220,555248,416332,6931,051,5251,051,5254,907,030000000
       Accounts payable 
0
0
0
0
236,712
909,752
2,277,198
2,471,086
1,579,355
385,609
614,581
810,292
557,059
396,674
231,301
219,600
219,600231,301396,674557,059810,292614,581385,6091,579,3552,471,0862,277,198909,752236,7120000
       Other Current Liabilities 
133,539
342,503
233,802
1,132,698
1,045,191
1,040,114
225,876
1,329,285
228,322
929,334
140,858
12,416
7,535
4,623
21,382
17,800
17,80021,3824,6237,53512,416140,858929,334228,3221,329,285225,8761,040,1141,045,1911,132,698233,802342,503133,539
   > Long-term Liabilities 
1,401,119
3,255,110
3,050,703
3,257,022
3,309,066
2,613,348
2,025,286
1,906,955
2,715,158
966,004
1,677,361
1,493,214
789,158
197,026
313,659
180,100
180,100313,659197,026789,1581,493,2141,677,361966,0042,715,1581,906,9552,025,2862,613,3483,309,0663,257,0223,050,7033,255,1101,401,119
       Long term Debt Total 
0
0
0
0
0
0
0
0
2,517,834
509,024
558,523
539,143
398,000
130,394
44,600
800
80044,600130,394398,000539,143558,523509,0242,517,83400000000
       Other Liabilities 
0
0
0
0
0
0
309,631
200,440
197,335
412,455
594,019
575,035
384,879
66,632
269,023
179,288
179,288269,02366,632384,879575,035594,019412,455197,335200,440309,631000000
> Total Stockholder Equity
873,986
970,523
1,553,658
1,819,904
-522,414
-681,512
-1,424,970
-1,949,962
-2,048,672
594,675
898,179
859,714
1,271,139
1,923,709
1,915,889
1,912,900
1,912,9001,915,8891,923,7091,271,139859,714898,179594,675-2,048,672-1,949,962-1,424,970-681,512-522,4141,819,9041,553,658970,523873,986
   Common Stock
77,385
77,385
209,731
219,731
219,731
219,731
219,731
219,731
219,731
219,731
266,757
290,271
305,946
311,433
366,406
388,000
388,000366,406311,433305,946290,271266,757219,731219,731219,731219,731219,731219,731219,731209,73177,38577,385
   Retained Earnings Total Equity0000000000000000
   Accumulated Other Comprehensive Income 
-97,518
-118,512
-242,924
-332,571
-531,276
-660,614
0
-777,567
-922,681
-1,037,610
-278,753
-395,375
-550,004
2,158,759
1,910,928
1,910,928
1,910,9281,910,9282,158,759-550,004-395,375-278,753-1,037,610-922,681-777,5670-660,614-531,276-332,571-242,924-118,512-97,518
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,814,356
2,025,730
2,025,7301,814,35600000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
894,119
1,011,650
1,586,851
1,932,744
-210,869
1,983,142
-1,644,701
-1,392,126
-1,345,722
1,412,554
3,503,867
3,742,758
2,466,970
1,546,498
1,809,395
2,025,808
2,025,8081,809,3951,546,4982,466,9703,742,7583,503,8671,412,554-1,345,722-1,392,126-1,644,7011,983,142-210,8691,932,7441,586,8511,011,650894,119



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue172,200
Cost of Revenue-142,200
Gross Profit30,00030,000
 
Operating Income (+$)
Gross Profit30,000
Operating Expense-312,100
Operating Income-275,222-282,100
 
Operating Expense (+$)
Research Development0
Selling General Administrative11,646
Selling And Marketing Expenses1,906
Operating Expense312,10013,552
 
Net Interest Income (+$)
Interest Income38,200
Interest Expense-38,200
Other Finance Cost-38,200
Net Interest Income-38,200
 
Pretax Income (+$)
Operating Income-275,222
Net Interest Income-38,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-315,200-235,078
EBIT - interestExpense = -290,200
-315,200
-198,500
Interest Expense38,200
Earnings Before Interest and Taxes (EBIT)-252,000-277,000
Earnings Before Interest and Taxes (EBITDA)-98,500
 
After tax Income (+$)
Income Before Tax-315,200
Tax Provision--78,500
Net Income From Continuing Ops-236,700-236,700
Net Income-236,700
Net Income Applicable To Common Shares-236,700
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses454,300
Total Other Income/Expenses Net-40,14438,200
 

Technical Analysis of Websol Energy System Limited
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 Websol Energy System Limited. The general trend of Websol Energy System Limited is BULLISH with 100.0% 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 Websol Energy System Limited'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 (100.0%) Bearish trend (-100.0%)
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 Websol Energy System Limited.

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: .

The bearish price targets are: 485.00 > 409.65 > 320.20.

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Websol Energy System Limited 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 Websol Energy System Limited. The current mas is .

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

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

Directionalities and relatives.

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

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

Websol Energy System Limited 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 Websol Energy System Limited. The current macd is 16.42.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Websol Energy System Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Websol Energy System Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Websol Energy System Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Websol Energy System Limited Daily Moving Average Convergence/Divergence (MACD) ChartWebsol Energy System Limited 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 Websol Energy System Limited. The current adx is 24.63.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Websol Energy System Limited shares, leading to potential upward 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 bullish trend could be forming. +1
Websol Energy System Limited 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 Websol Energy System Limited. The current sar is 342.93.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Websol Energy System Limited 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 Websol Energy System Limited. The current rsi is 72.39. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Websol Energy System Limited Daily Relative Strength Index (RSI) ChartWebsol Energy System Limited 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 Websol Energy System Limited. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Websol Energy System Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Websol Energy System Limited Daily Stochastic Oscillator ChartWebsol Energy System Limited 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 Websol Energy System Limited. The current cci is 227.38.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Websol Energy System Limited Daily Commodity Channel Index (CCI) ChartWebsol Energy System Limited 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 Websol Energy System Limited. The current cmo is 61.07.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Websol Energy System Limited Daily Chande Momentum Oscillator (CMO) ChartWebsol Energy System Limited 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 Websol Energy System Limited. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Websol Energy System Limited Daily Williams %R ChartWebsol Energy System Limited 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 Websol Energy System Limited.

Websol Energy System Limited 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 Websol Energy System Limited. The current atr is 23.04.

Websol Energy System Limited Daily Average True Range (ATR) ChartWebsol Energy System Limited 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 Websol Energy System Limited. The current obv is 20,057,781.

Websol Energy System Limited Daily On-Balance Volume (OBV) ChartWebsol Energy System Limited 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 Websol Energy System Limited. The current mfi is 74.37.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Websol Energy System Limited Daily Money Flow Index (MFI) ChartWebsol Energy System Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Websol Energy System Limited.

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

6.3. Candlestick Patterns

Websol Energy System Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Websol Energy System Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.391
Ma 20Greater thanMa 50388.813
Ma 50Greater thanMa 100386.364
Ma 100Greater thanMa 200309.889
OpenGreater thanClose479.950
Total4/5 (80.0%)
Penke

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