MKR.JSE Montauk Renewables. Trend Cloud Study.Montauk Renewables - Bio-Gas Supplier as we all know.
This Chart Depicts the Highly Cyclical nature of these Commodities. It's one to Trade, not a long Term Investment.
The recent sell-off could soon offer an Entry Opportunity.
But we need to wait for a decent reversal of the current Down Trend.
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1 ZAR
185.06 M ZAR
3.34 B ZAR
45.62 M
About Montauk Renewables, Inc.
Sector
Industry
CEO
Sean Fitzgerald McClain
Website
Headquarters
Pittsburgh
Founded
1980
FIGI
BBG00YVSVT29
Montauk Renewables, Inc. engages in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement to fossil fuels. The firm develops, owns, and operates renewable gas projects. It operates through the Renewable Natural Gas and Renewable Electricity Generation segments. The Renewable Natural Gas segment deals with the production of renewable natural gas. The Renewable Electricity Generation segment includes generation of electricity at biogas-to-electricity plants. The company was founded in 1980 and is headquartered in Pittsburgh, PA.
$JSEMKR - Montauk Renewables: Bearish Engulfing Candle Is GloomySee link below for previous analysis.
Montauk is trading as forecasted. The bounce from 6120 to 10900 is for wave 4 but can still push higher. The bearish engulfing candle paints a gloomy picture though and could be the signal that the bear trend is resuming for wave 5.
I maintain my bearish stanc
$JSEMKR - Montauk Renewables: Down, Down, Down, She GoesSee link below for previous analysis.
Montauk recently released it FY'23 annual results and they were not pretty.
The renewable-energy company posted fiscal 2023 earnings of $14.9 million, or 11 cents a share, down from $35.2 million, or 25 cents a share, in the same quarter last year.
Analysts
Montauk Renewables - Bullish ConsolidationAfter moving upwards from around 130, MKR is now trading in a range between 168.50 and 190.00.
This looks like a bullish continuation pattern and should we see a breakout to the upside, potential targets are 220 and 230. Failure would be a close below 164.00.
MKR: rounding bottom pattern?A price action above 13300 supports a bullish trend direction.
Crossing above 14900 will act as further confirmation of the bullish trend direction.
The target price is set at 16200.
The stop-loss price is set at 12700.
It will appear that a rounding bottom pattern is starting to unfold.
Remains a r
Montauk Renewables - Looking for directionMKR has broken two areas of strong support. First it broke its uptrend - blue TL and then broke horizontal support at 141.40. Currently trading in a small range in 'no-mans land' looking for direction. Either we could see a move lower to around 93-95 or hopefully it reclaims support at 141.40.
$JSEMKR - Montauk Renewables: Consolidation Or Turnaround?Montauk had a good run since listing on the JSE in January 2021.
Since hitting an all time high at 36200, the share has lost almost 53% and could present good buying opportunity at current levels.
The technical structure is still unclear though there are early indications that the selling pressure
Can $MNTK continue to lead the Utilities sector?Notes:
* Recent IPO with steady up trend
* Not the best earnings in the recent quarters
* Basing for the past ~3 months
* While basing it bounced off of its IPO highs around the 13.8 area
* Recently breaking and holding above a pivot area between 16.65 and 16.9
* Daily and weekly volume seems to be
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MKR is 3,604 ZAC — it has increased by 1.19% in the past 24 hours. Watch MONTAUK RENEWABLES INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange MONTAUK RENEWABLES INC stocks are traded under the ticker MKR.
MKR stock has fallen by −2.51% compared to the previous week, the month change is a −13.02% fall, over the last year MONTAUK RENEWABLES INC has showed a −45.81% decrease.
We've gathered analysts' opinions on MONTAUK RENEWABLES INC future price: according to them, MKR price has a max estimate of 12,310.61 ZAC and a min estimate of 4,734.85 ZAC. Watch MKR chart and read a more detailed MONTAUK RENEWABLES INC stock forecast: see what analysts think of MONTAUK RENEWABLES INC and suggest that you do with its stocks.
MKR stock is 11.05% volatile and has beta coefficient of 1.68. Track MONTAUK RENEWABLES INC stock price on the chart and check out the list of the most volatile stocks — is MONTAUK RENEWABLES INC there?
Today MONTAUK RENEWABLES INC has the market capitalization of 5.40 B, it has decreased by −14.39% over the last week.
Yes, you can track MONTAUK RENEWABLES INC financials in yearly and quarterly reports right on TradingView.
MONTAUK RENEWABLES INC is going to release the next earnings report on May 7, 2025. Keep track of upcoming events with our Earnings Calendar.
MKR earnings for the last quarter are −0.95 ZAC per share, whereas the estimation was 0.92 ZAC resulting in a −203.23% surprise. The estimated earnings for the next quarter are 0.29 ZAC per share. See more details about MONTAUK RENEWABLES INC earnings.
MONTAUK RENEWABLES INC revenue for the last quarter amounts to 527.30 M ZAC, despite the estimated figure of 1.04 B ZAC. In the next quarter, revenue is expected to reach 773.11 M ZAC.
MKR net income for the last quarter is −160.68 M ZAR, while the quarter before that showed 295.46 M ZAR of net income which accounts for −154.38% change. Track more MONTAUK RENEWABLES INC financial stats to get the full picture.
No, MKR doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 22, 2025, the company has 166 employees. See our rating of the largest employees — is MONTAUK RENEWABLES INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MONTAUK RENEWABLES INC EBITDA is 789.58 M ZAR, and current EBITDA margin is 23.75%. See more stats in MONTAUK RENEWABLES INC financial statements.
Like other stocks, MKR shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MONTAUK RENEWABLES INC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MONTAUK RENEWABLES INC technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MONTAUK RENEWABLES INC stock shows the strong sell signal. See more of MONTAUK RENEWABLES INC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.