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Wellex Industries Inc
Buy, Hold or Sell?

Let's analyze Wellex Industries Inc together

I guess you are interested in Wellex Industries Inc. 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 Wellex Industries Inc. 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.

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1. Quick Overview

1.1. Quick analysis of Wellex Industries Inc (30 sec.)










1.2. What can you expect buying and holding a share of Wellex Industries Inc? (30 sec.)

How much money do you get?

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

What is your share worth?

Current worth
₱0.37
Expected worth in 1 year
₱0.36
How sure are you?
28.6%

+ What do you gain per year?

Total Gains per Share
₱0.00
Return On Investment
-1.6%

For what price can you sell your share?

Current Price per Share
₱0.21
Expected price per share
₱0.21 - ₱0.235
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Wellex Industries Inc (5 min.)




Live pricePrice per Share (EOD)
₱0.21
Intrinsic Value Per Share
₱-0.02 - ₱0.00
Total Value Per Share
₱0.34 - ₱0.36

2.2. Growth of Wellex Industries Inc (5 min.)




Is Wellex Industries Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$20.5m$20.5m-$46.3k-0.2%

How much money is Wellex Industries Inc making?

Current yearPrevious yearGrowGrow %
Making money-$46.3k-$60.4k$14k30.4%
Net Profit Margin-13.5%-14.8%--

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

2.3. Financial Health of Wellex Industries Inc (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Wellex Industries Inc?

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

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

Speculation

The Price per Share of Wellex Industries Inc is ₱0.21. 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 Wellex Industries Inc.
  • 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 Wellex Industries Inc, 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 ₱0.37. Based on the TTM, the Book Value Change Per Share is ₱0.00 per quarter. Based on the YOY, the Book Value Change Per Share is ₱0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₱0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Wellex Industries Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.4%
Usd Price Per Share0.00-0.00-0.00-0.00-0.00-
Price to Earnings Ratio-278.04--278.04--213.27--104.56--57.43-
Price-to-Total Gains Ratio-278.03--278.03--213.27--99.30--82.67-
Price to Book Ratio0.63-0.63-0.63-0.62-0.40-
Price-to-Total Gains Ratio-278.03--278.03--213.27--99.30--82.67-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.003591
Number of shares278473
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (278473 shares)-3.94-27.38
Gains per Year (278473 shares)-15.76-109.51
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-16-260-110-120
20-32-420-219-230
30-47-580-329-340
40-63-740-438-450
50-79-900-548-560
60-95-1060-657-670
70-110-1220-767-780
80-126-1380-876-890
90-142-1540-986-1000
100-158-1700-1095-1110

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%1.02.00.033.3%1.04.00.020.0%2.05.00.028.6%2.05.00.028.6%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%2.05.00.028.6%2.05.00.028.6%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.07.00.0%0.00.07.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%2.05.00.028.6%2.05.00.028.6%
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3.2. Key Performance Indicators

The key performance indicators of Wellex Industries Inc 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---0.001-0.0010%-0.001+30%-0.006+595%0.052-102%
Book Value Per Share--0.3660.3660%0.3670%0.366+0%0.292+26%
Current Ratio--5.9795.9790%5.064+18%6.263-5%6.217-4%
Debt To Asset Ratio--0.2670.2670%0.274-3%0.282-5%0.298-10%
Debt To Equity Ratio--0.3650.3650%0.378-3%0.394-7%0.428-15%
Dividend Per Share----0%-0%-0%-0%
Eps---0.001-0.0010%-0.001+30%-0.002+156%0.002-144%
Free Cash Flow Per Share--0.0010.0010%0.000+38%-0.001+316%0.000+111%
Free Cash Flow To Equity Per Share---0.003-0.0030%-0.001-51%-0.006+132%-0.004+56%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.889+13%
Intrinsic Value_10Y_max---0.003--------
Intrinsic Value_10Y_min---0.022--------
Intrinsic Value_1Y_max--0.000--------
Intrinsic Value_1Y_min---0.002--------
Intrinsic Value_3Y_max---0.001--------
Intrinsic Value_3Y_min---0.005--------
Intrinsic Value_5Y_max---0.002--------
Intrinsic Value_5Y_min---0.010--------
Market Cap--753488197.200753488197.2000%753488197.2000%742349676.024+2%483033254.920+56%
Net Profit Margin---0.135-0.1350%-0.148+10%-0.297+119%3.697-104%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.6270.6270%0.790-21%0.606+3%0.583+8%
Pb Ratio0.573-10%0.6280.6280%0.626+0%0.619+1%0.398+58%
Pe Ratio-253.859+9%-278.036-278.0360%-213.266-23%-104.559-62%-57.433-79%
Price Per Share0.210-10%0.2300.2300%0.2300%0.227+2%0.200+15%
Price To Free Cash Flow Ratio319.026-10%349.410349.4100%483.790-28%200.870+74%116.560+200%
Price To Total Gains Ratio-253.858+9%-278.035-278.0350%-213.266-23%-99.297-64%-82.667-70%
Quick Ratio--4.1304.1300%3.748+10%4.336-5%3.594+15%
Return On Assets---0.002-0.0020%-0.002+29%-0.004+146%0.030-105%
Return On Equity---0.002-0.0020%-0.003+30%-0.006+164%0.043-105%
Total Gains Per Share---0.001-0.0010%-0.001+30%-0.006+595%0.052-102%
Usd Book Value--20522549.26820522549.2680%20568891.1230%20494233.788+0%20287627.188+1%
Usd Book Value Change Per Share--0.0000.0000%0.000+30%0.000+595%0.001-102%
Usd Book Value Per Share--0.0060.0060%0.0060%0.006+0%0.005+26%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.0000%0.000+30%0.000+156%0.000-144%
Usd Free Cash Flow--36875.46636875.4660%26632.737+38%-79787.677+316%-22583.837+161%
Usd Free Cash Flow Per Share--0.0000.0000%0.000+38%0.000+316%0.000+111%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000-51%0.000+132%0.000+56%
Usd Market Cap--12884648.17212884648.1720%12884648.1720%12694179.460+2%8259868.659+56%
Usd Price Per Share0.004-10%0.0040.0040%0.0040%0.004+2%0.003+15%
Usd Profit---46341.684-46341.6840%-60415.839+30%-118721.230+156%932069.567-105%
Usd Revenue--342816.867342816.8670%407967.867-16%431531.633-21%357143.608-4%
Usd Total Gains Per Share--0.0000.0000%0.000+30%0.000+595%0.001-102%
 EOD+4 -2MRQTTM+0 -0YOY+20 -85Y+24 -810Y+16 -17

3.3 Fundamental Score

Let's check the fundamental score of Wellex Industries Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-253.859
Price to Book Ratio (EOD)Between0-10.573
Net Profit Margin (MRQ)Greater than0-0.135
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than14.130
Current Ratio (MRQ)Greater than15.979
Debt to Asset Ratio (MRQ)Less than10.267
Debt to Equity Ratio (MRQ)Less than10.365
Return on Equity (MRQ)Greater than0.15-0.002
Return on Assets (MRQ)Greater than0.05-0.002
Total5/10 (50.0%)

3.4 Technical Score

Let's check the technical score of Wellex Industries Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.854
Ma 20Greater thanMa 500.213
Ma 50Greater thanMa 1000.229
Ma 100Greater thanMa 2000.248
OpenGreater thanClose0.210
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Wellex Industries Inc

4.2 In-depth Summary

4.2.1. Financial Health Summary

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

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Wellex Industries Inc earns for each ₱1 of revenue.

  • Above 10% is considered healthy but always compare Wellex Industries Inc to the Metals & Mining industry mean.
  • A Net Profit Margin of -13.5% means that ₱-0.14 for each ₱1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Wellex Industries Inc:

  • The MRQ is -13.5%. The company is making a huge loss. -2
  • The TTM is -13.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-13.5%TTM-13.5%0.0%
TTM-13.5%YOY-14.8%+1.3%
TTM-13.5%5Y-29.7%+16.1%
5Y-29.7%10Y369.7%-399.4%
4.3.1.2. Return on Assets

Shows how efficient Wellex Industries Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Wellex Industries Inc to the Metals & Mining industry mean.
  • -0.2% Return on Assets means that Wellex Industries Inc generated ₱0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Wellex Industries Inc:

  • The MRQ is -0.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM-0.2%0.0%
TTM-0.2%YOY-0.2%+0.0%
TTM-0.2%5Y-0.4%+0.2%
5Y-0.4%10Y3.0%-3.4%
4.3.1.3. Return on Equity

Shows how efficient Wellex Industries Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Wellex Industries Inc to the Metals & Mining industry mean.
  • -0.2% Return on Equity means Wellex Industries Inc generated ₱0.00 for each ₱1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Wellex Industries Inc:

  • The MRQ is -0.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM-0.2%0.0%
TTM-0.2%YOY-0.3%+0.1%
TTM-0.2%5Y-0.6%+0.4%
5Y-0.6%10Y4.3%-4.9%
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4.3.2. Operating Efficiency of Wellex Industries Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Wellex Industries Inc is operating .

  • Measures how much profit Wellex Industries Inc 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 Wellex Industries Inc to the Metals & Mining 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 Wellex Industries Inc:

  • 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%
4.3.2.2. Operating Ratio

Measures how efficient Wellex Industries Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Metals & Mining industry mean).
  • An Operation Ratio of 0.63 means that the operating costs are ₱0.63 for each ₱1 in net sales.

Let's take a look of the Operating Ratio trends of Wellex Industries Inc:

  • The MRQ is 0.627. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.627. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.627TTM0.6270.000
TTM0.627YOY0.790-0.163
TTM0.6275Y0.606+0.021
5Y0.60610Y0.583+0.023
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4.4.3. Liquidity of Wellex Industries Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Wellex Industries Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Metals & Mining industry mean).
  • A Current Ratio of 5.98 means the company has ₱5.98 in assets for each ₱1 in short-term debts.

Let's take a look of the Current Ratio trends of Wellex Industries Inc:

  • The MRQ is 5.979. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.979. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.979TTM5.9790.000
TTM5.979YOY5.064+0.916
TTM5.9795Y6.263-0.283
5Y6.26310Y6.217+0.045
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Wellex Industries Inc to the Metals & Mining industry mean.
  • A Quick Ratio of 4.13 means the company can pay off ₱4.13 for each ₱1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Wellex Industries Inc:

  • The MRQ is 4.130. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.130. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.130TTM4.1300.000
TTM4.130YOY3.748+0.382
TTM4.1305Y4.336-0.205
5Y4.33610Y3.594+0.742
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4.5.4. Solvency of Wellex Industries Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Wellex Industries Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Wellex Industries Inc to Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.27 means that Wellex Industries Inc assets are financed with 26.7% credit (debt) and the remaining percentage (100% - 26.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Wellex Industries Inc:

  • The MRQ is 0.267. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.267. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.267TTM0.2670.000
TTM0.267YOY0.274-0.007
TTM0.2675Y0.282-0.015
5Y0.28210Y0.298-0.015
4.5.4.2. Debt to Equity Ratio

Measures if Wellex Industries Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Wellex Industries Inc to the Metals & Mining industry mean.
  • A Debt to Equity ratio of 36.5% means that company has ₱0.36 debt for each ₱1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Wellex Industries Inc:

  • The MRQ is 0.365. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.365. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.365TTM0.3650.000
TTM0.365YOY0.378-0.013
TTM0.3655Y0.394-0.029
5Y0.39410Y0.428-0.034
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₱1 in earnings Wellex Industries Inc generates.

  • Above 15 is considered overpriced but always compare Wellex Industries Inc to the Metals & Mining industry mean.
  • A PE ratio of -278.04 means the investor is paying ₱-278.04 for every ₱1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Wellex Industries Inc:

  • The EOD is -253.859. Based on the earnings, the company is expensive. -2
  • The MRQ is -278.036. Based on the earnings, the company is expensive. -2
  • The TTM is -278.036. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-253.859MRQ-278.036+24.177
MRQ-278.036TTM-278.0360.000
TTM-278.036YOY-213.266-64.770
TTM-278.0365Y-104.559-173.476
5Y-104.55910Y-57.433-47.126
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Wellex Industries Inc:

  • The EOD is 319.026. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 349.410. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 349.410. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD319.026MRQ349.410-30.383
MRQ349.410TTM349.4100.000
TTM349.410YOY483.790-134.380
TTM349.4105Y200.870+148.539
5Y200.87010Y116.560+84.311
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Wellex Industries Inc is to cheap or to expensive compared to its book value.

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

Let's take a look of the Price to Book Ratio trends of Wellex Industries Inc:

  • The EOD is 0.573. Based on the equity, the company is cheap. +2
  • The MRQ is 0.628. Based on the equity, the company is cheap. +2
  • The TTM is 0.628. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.573MRQ0.628-0.055
MRQ0.628TTM0.6280.000
TTM0.628YOY0.626+0.001
TTM0.6285Y0.619+0.009
5Y0.61910Y0.398+0.221
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

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

Summary
Total Assets1,638,022
Total Liabilities437,873
Total Stockholder Equity1,200,149
 As reported
Total Liabilities 437,873
Total Stockholder Equity+ 1,200,149
Total Assets = 1,638,022

Assets

Total Assets1,638,022
Total Current Assets55,711
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 8,735
Net Receivables 29,747
Other Current Assets 12,489
Total Current Assets  (as reported)55,711
Total Current Assets  (calculated)50,971
+/- 4,740
Long-term Assets
Property Plant Equipment 1,064
Long-term Assets  (as reported)0
Long-term Assets  (calculated)1,064
+/- 1,064

Liabilities & Shareholders' Equity

Total Current Liabilities9,317
Long-term Liabilities0
Total Stockholder Equity1,200,149
Total Current Liabilities
Total Current Liabilities  (as reported)9,317
Total Current Liabilities  (calculated)0
+/- 9,317
Long-term Liabilities
Long term Debt Total 48
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)48
+/- 48
Total Stockholder Equity
Common Stock3,276,046
Retained Earnings -2,100,379
Capital Surplus 24,493
Total Stockholder Equity (as reported)1,200,149
Total Stockholder Equity (calculated)1,200,159
+/- 10
Other
Cash and Short Term Investments 8,735
Common Stock Shares Outstanding 3,276,036
Liabilities and Stockholders Equity 1,638,022
Net Working Capital 46,394



6.2. Balance Sheets Structured

Currency in PHP. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
1,364,317
1,797,917
1,827,960
1,811,296
1,714,011
1,676,075
1,666,194
1,657,498
1,638,022
1,638,0221,657,4981,666,1941,676,0751,714,0111,811,2961,827,9601,797,9171,364,317
   > Total Current Assets 
71,589
85,762
144,594
145,809
145,398
69,587
72,504
63,388
55,711
55,71163,38872,50469,587145,398145,809144,59485,76271,589
       Cash And Cash Equivalents 
0
0
3,753
2,429
12,613
11,715
16,153
9,590
8,735
8,7359,59016,15311,71512,6132,4293,75300
       Net Receivables 
2,504
14,663
72,036
74,175
62,063
43,700
41,660
37,334
29,747
29,74737,33441,66043,70062,06374,17572,03614,6632,504
       Other Current Assets 
0
0
0
0
0
10,791
10,908
12,225
12,489
12,48912,22510,90810,79100000
   > Long-term Assets 000000000
       Property Plant Equipment 
77,047
45,710
28,373
15,191
7,677
1,873
2,513
1,764
1,064
1,0641,7642,5131,8737,67715,19128,37345,71077,047
> Total Liabilities 
542,842
540,879
515,565
516,971
501,495
505,525
459,802
454,639
437,873
437,873454,639459,802505,525501,495516,971515,565540,879542,842
   > Total Current Liabilities 
24,690
26,324
18,159
13,857
17,496
11,392
12,388
12,518
9,317
9,31712,51812,38811,39217,49613,85718,15926,32424,690
       Short-term Debt 
0
159
160
0
0
0
0
0
0
0000001601590
   > Long-term Liabilities 000000000
       Long term Debt Total 
319
160
0
0
0
0
801
413
48
484138010000160319
> Total Stockholder Equity
821,475
1,257,039
1,312,394
1,294,325
1,212,516
1,170,549
1,206,392
1,202,859
1,200,149
1,200,1491,202,8591,206,3921,170,5491,212,5161,294,3251,312,3941,257,039821,475
   Retained Earnings -2,100,379-2,097,669-2,094,136-2,129,979-2,088,012-2,006,204-1,988,134-2,043,4900
   Accumulated Other Comprehensive Income 000000000
   Capital Surplus 
24,493
24,493
24,493
24,493
24,493
24,493
24,493
24,493
24,493
24,49324,49324,49324,49324,49324,49324,49324,49324,493
   Treasury Stock00-10-10-10-10-10-100



6.3. Balance Sheets

Currency in PHP. All numbers in thousands.




6.4. Cash Flows

Currency in PHP. All numbers in thousands.




6.5. Income Statements

Currency in PHP. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2022-12-31. Currency in PHP. All numbers in thousands.

Gross Profit (+$)
totalRevenue20,048
Cost of Revenue-12,565
Gross Profit7,4837,483
 
Operating Income (+$)
Gross Profit7,483
Operating Expense-0
Operating Income-10,1317,483
 
Operating Expense (+$)
Research Development0
Selling General Administrative11,219
Selling And Marketing Expenses0
Operating Expense011,219
 
Net Interest Income (+$)
Interest Income773
Interest Expense-0
Other Finance Cost-773
Net Interest Income0
 
Pretax Income (+$)
Operating Income-10,131
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,878-10,131
EBIT - interestExpense = 0
-2,710
-2,710
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0-1,878
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-1,878
Tax Provision-832
Net Income From Continuing Ops0-2,710
Net Income-2,710
Net Income Applicable To Common Shares-2,710
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Wellex Industries Inc
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 Wellex Industries Inc. The general trend of Wellex Industries Inc is BEARISH with 85.7% 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 Wellex Industries Inc'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 (-85.7%) Bearish trend (85.7%)
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 Wellex Industries Inc.

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: 0.231 < 0.231 < 0.235.

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

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Wellex Industries Inc 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 Wellex Industries Inc. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

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

Directionalities and relatives.

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

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

Wellex Industries Inc 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 Wellex Industries Inc. The current macd is -0.00527002.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Wellex Industries Inc price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Wellex Industries Inc. 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 Wellex Industries Inc 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 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
Wellex Industries Inc Daily Moving Average Convergence/Divergence (MACD) ChartWellex Industries Inc 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 Wellex Industries Inc. The current adx is 22.15.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Wellex Industries Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Wellex Industries Inc 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 Wellex Industries Inc. The current sar is 0.20354.

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
Wellex Industries Inc Daily Parabolic SAR Chart
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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 Wellex Industries Inc. The current rsi is 37.85. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Wellex Industries Inc Daily Relative Strength Index (RSI) ChartWellex Industries Inc 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 Wellex Industries Inc. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Wellex Industries Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Wellex Industries Inc Daily Stochastic Oscillator ChartWellex Industries Inc 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 Wellex Industries Inc. The current cci is -52.16284987.

Wellex Industries Inc Daily Commodity Channel Index (CCI) ChartWellex Industries Inc 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 Wellex Industries Inc. The current cmo is -28.91101994.

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
Wellex Industries Inc Daily Chande Momentum Oscillator (CMO) ChartWellex Industries Inc 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 Wellex Industries Inc. 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
Wellex Industries Inc Daily Williams %R ChartWellex Industries Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Wellex Industries Inc.

Wellex Industries Inc 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 Wellex Industries Inc. The current atr is 0.00431862.

Wellex Industries Inc Daily Average True Range (ATR) ChartWellex Industries Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Wellex Industries Inc. The current obv is 82,980,000.

Wellex Industries Inc Daily On-Balance Volume (OBV) ChartWellex Industries Inc 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 Wellex Industries Inc. The current mfi is 38.86.

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
Wellex Industries Inc Daily Money Flow Index (MFI) ChartWellex Industries Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Wellex Industries Inc.

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
2024-04-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-02CMO 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).
2024-04-03ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12STOCH 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).
2024-04-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-30STOCH 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
2024-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-13CCI 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).
2024-06-14DMI 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).
2024-06-19DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-25DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-10BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-16ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-29STOCH 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).
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-11DMI 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.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-16ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-19CCI 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).
2024-10-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-13MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-27DMI 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.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Wellex Industries Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Wellex Industries Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.854
Ma 20Greater thanMa 500.213
Ma 50Greater thanMa 1000.229
Ma 100Greater thanMa 2000.248
OpenGreater thanClose0.210
Total1/5 (20.0%)
Penke
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