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Sunny Elec
Buy, Hold or Sell?

Let's analyse Sunny together

PenkeI guess you are interested in Sunny Elec. 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 Sunny Elec. 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 Sunny (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
₩2,207.01
Expected worth in 1 year
₩3,054.91
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
₩847.90
Return On Investment
41.4%

For what price can you sell your share?

Current Price per Share
₩2,050.00
Expected price per share
₩0 - ₩2,120
How sure are you?
50%

1. Valuation of Sunny (5 min.)




Live pricePrice per Share (EOD)

₩2,050.00

Intrinsic Value Per Share

₩1,110.15 - ₩1,769.01

Total Value Per Share

₩3,317.16 - ₩3,976.02

2. Growth of Sunny (5 min.)




Is Sunny growing?

Current yearPrevious yearGrowGrow %
How rich?$56.7m$51.2m$5.4m9.6%

How much money is Sunny making?

Current yearPrevious yearGrowGrow %
Making money$2.7m$3.5m-$820.7k-30.3%
Net Profit Margin30.3%28.9%--

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

3. Financial Health of Sunny (5 min.)




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




  Industry Rankings (Electronic Components)  


Richest
#391 / 524

Most Revenue
#440 / 524

Most Profit
#236 / 524

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

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

What can you expect buying and holding a share of Sunny?

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

Speculation

The Price per Share of Sunny is ₩2,050. 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 Sunny.
  • 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 Sunny, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ₩2,207.01. Based on the TTM, the Book Value Change Per Share is ₩211.98 per quarter. Based on the YOY, the Book Value Change Per Share is ₩137.61 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 Sunny.

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 Eps0.070.0%0.070.0%0.100.0%0.080.0%0.050.0%
Usd Book Value Change Per Share0.150.0%0.150.0%0.100.0%0.150.0%0.130.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.150.0%0.150.0%0.100.0%0.150.0%0.130.0%
Usd Price Per Share1.66-1.66-1.82-2.60-2.57-
Price to Earnings Ratio22.46-22.46-18.91-68.24-62.12-
Price-to-Total Gains Ratio11.16-11.16-18.86-20.04-29.93-
Price to Book Ratio1.07-1.07-1.30-2.09-3.13-
Price-to-Total Gains Ratio11.16-11.16-18.86-20.04-29.93-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.435
Number of shares696
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.150.15
Usd Total Gains Per Share0.150.15
Gains per Quarter (696 shares)103.27103.23
Gains per Year (696 shares)413.10412.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
104134030413403
208268160826816
3012391229012391229
4016521642016521642
5020652055020652055
6024792468024782468
7028922881028912881
8033053294033033294
9037183707037163707
10041314120041294120

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%15.02.07.062.5%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%15.09.00.062.5%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%6.00.018.025.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.08.00.066.7%

Fundamentals of Sunny

About Sunny Elec

Sunny Electronics Corp., together with its subsidiaries, manufactures and sells crystal oscillator products in South Korea. The company offers crystal units, filters, crystal and MEMS oscillators, VCXO oscillators, and TCXO and VCTCXO oscillators. The company was formerly known as Sunny Electric Engineering Co., Ltd. and changed its name to Sunny Electronics Corp. in March 1999. Sunny Electronics Corp. was founded in 1966 and is based in Chungju, South Korea.

Fundamental data was last updated by Penke on 2024-03-24 07:00:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient 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.

Valuation

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

1.1. Profitability of Sunny Elec.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Sunny earns for each ₩1 of revenue.

  • Above 10% is considered healthy but always compare Sunny to the Electronic Components industry mean.
  • A Net Profit Margin of 30.3% means that ₩0.30 for each ₩1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Sunny Elec:

  • The MRQ is 30.3%. The company is making a huge profit. +2
  • The TTM is 30.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ30.3%TTM30.3%0.0%
TTM30.3%YOY28.9%+1.4%
TTM30.3%5Y24.9%+5.4%
5Y24.9%10Y16.2%+8.7%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ30.3%3.6%+26.7%
TTM30.3%4.1%+26.2%
YOY28.9%5.4%+23.5%
5Y24.9%4.4%+20.5%
10Y16.2%4.8%+11.4%
1.1.2. Return on Assets

Shows how efficient Sunny is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Sunny to the Electronic Components industry mean.
  • 4.7% Return on Assets means that Sunny generated ₩0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Sunny Elec:

  • The MRQ is 4.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.7%TTM4.7%0.0%
TTM4.7%YOY6.6%-1.9%
TTM4.7%5Y5.4%-0.7%
5Y5.4%10Y4.2%+1.2%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7%0.8%+3.9%
TTM4.7%0.9%+3.8%
YOY6.6%1.3%+5.3%
5Y5.4%1.1%+4.3%
10Y4.2%1.1%+3.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Sunny to the Electronic Components industry mean.
  • 4.8% Return on Equity means Sunny generated ₩0.05 for each ₩1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Sunny Elec:

  • The MRQ is 4.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.8%TTM4.8%0.0%
TTM4.8%YOY6.9%-2.1%
TTM4.8%5Y5.7%-0.9%
5Y5.7%10Y4.8%+0.9%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%1.5%+3.3%
TTM4.8%1.5%+3.3%
YOY6.9%2.5%+4.4%
5Y5.7%2.1%+3.6%
10Y4.8%2.1%+2.7%

1.2. Operating Efficiency of Sunny Elec.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sunny is operating .

  • Measures how much profit Sunny 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 Sunny to the Electronic Components 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 Sunny Elec:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y6.9%-6.9%
5Y6.9%10Y5.8%+1.1%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.6%-5.6%
TTM-2.1%-2.1%
YOY-5.3%-5.3%
5Y6.9%5.3%+1.6%
10Y5.8%4.3%+1.5%
1.2.2. Operating Ratio

Measures how efficient Sunny is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Components industry mean).
  • An Operation Ratio of 1.59 means that the operating costs are ₩1.59 for each ₩1 in net sales.

Let's take a look of the Operating Ratio trends of Sunny Elec:

  • The MRQ is 1.587. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.587. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.587TTM1.5870.000
TTM1.587YOY1.601-0.014
TTM1.5875Y1.567+0.020
5Y1.56710Y1.623-0.056
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5871.732-0.145
TTM1.5871.729-0.142
YOY1.6011.714-0.113
5Y1.5671.690-0.123
10Y1.6231.487+0.136

1.3. Liquidity of Sunny Elec.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
  • A Current Ratio of 72.24 means the company has ₩72.24 in assets for each ₩1 in short-term debts.

Let's take a look of the Current Ratio trends of Sunny Elec:

  • The MRQ is 72.245. The company is very able to pay all its short-term debts. +2
  • The TTM is 72.245. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ72.245TTM72.2450.000
TTM72.245YOY24.537+47.707
TTM72.2455Y27.936+44.308
5Y27.93610Y17.261+10.675
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ72.2451.861+70.384
TTM72.2451.846+70.399
YOY24.5371.849+22.688
5Y27.9361.890+26.046
10Y17.2611.689+15.572
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Sunny to the Electronic Components industry mean.
  • A Quick Ratio of 66.28 means the company can pay off ₩66.28 for each ₩1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Sunny Elec:

  • The MRQ is 66.276. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 66.276. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ66.276TTM66.2760.000
TTM66.276YOY21.599+44.678
TTM66.2765Y24.790+41.486
5Y24.79010Y12.913+11.877
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ66.2760.773+65.503
TTM66.2760.759+65.517
YOY21.5990.809+20.790
5Y24.7900.847+23.943
10Y12.9130.882+12.031

1.4. Solvency of Sunny Elec.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Sunny assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Sunny to Electronic Components industry mean.
  • A Debt to Asset Ratio of 0.02 means that Sunny assets are financed with 1.8% credit (debt) and the remaining percentage (100% - 1.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Sunny Elec:

  • The MRQ is 0.018. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.018. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.018TTM0.0180.000
TTM0.018YOY0.043-0.025
TTM0.0185Y0.065-0.047
5Y0.06510Y0.121-0.056
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0180.422-0.404
TTM0.0180.424-0.406
YOY0.0430.445-0.402
5Y0.0650.442-0.377
10Y0.1210.426-0.305
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Sunny to the Electronic Components industry mean.
  • A Debt to Equity ratio of 1.8% means that company has ₩0.02 debt for each ₩1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Sunny Elec:

  • The MRQ is 0.018. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.018. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.018TTM0.0180.000
TTM0.018YOY0.045-0.026
TTM0.0185Y0.072-0.054
5Y0.07210Y0.151-0.078
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0180.748-0.730
TTM0.0180.757-0.739
YOY0.0450.824-0.779
5Y0.0720.822-0.750
10Y0.1510.804-0.653

2. Market Valuation of Sunny Elec

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 Sunny generates.

  • Above 15 is considered overpriced but always compare Sunny to the Electronic Components industry mean.
  • A PE ratio of 22.46 means the investor is paying ₩22.46 for every ₩1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Sunny Elec:

  • The EOD is 19.471. Based on the earnings, the company is fair priced.
  • The MRQ is 22.463. Based on the earnings, the company is fair priced.
  • The TTM is 22.463. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD19.471MRQ22.463-2.992
MRQ22.463TTM22.4630.000
TTM22.463YOY18.910+3.553
TTM22.4635Y68.241-45.779
5Y68.24110Y62.118+6.124
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD19.47114.767+4.704
MRQ22.46314.696+7.767
TTM22.46314.600+7.863
YOY18.91012.909+6.001
5Y68.24118.612+49.629
10Y62.11823.001+39.117
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 17.533. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 20.227. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 20.227. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD17.533MRQ20.227-2.694
MRQ20.227TTM20.2270.000
TTM20.227YOY18.802+1.425
TTM20.2275Y38.454-18.227
5Y38.45410Y41.829-3.375
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD17.5335.304+12.229
MRQ20.2275.406+14.821
TTM20.2272.989+17.238
YOY18.8021.824+16.978
5Y38.4541.629+36.825
10Y41.8291.916+39.913
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electronic Components industry mean).
  • A PB ratio of 1.07 means the investor is paying ₩1.07 for each ₩1 in book value.

Let's take a look of the Price to Book Ratio trends of Sunny Elec:

  • The EOD is 0.929. Based on the equity, the company is cheap. +2
  • The MRQ is 1.072. Based on the equity, the company is underpriced. +1
  • The TTM is 1.072. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.929MRQ1.072-0.143
MRQ1.072TTM1.0720.000
TTM1.072YOY1.301-0.229
TTM1.0725Y2.086-1.015
5Y2.08610Y3.125-1.039
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD0.9291.807-0.878
MRQ1.0721.910-0.838
TTM1.0721.949-0.877
YOY1.3011.921-0.620
5Y2.0862.147-0.061
10Y3.1252.257+0.868
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Sunny Elec 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--211.976211.9760%137.607+54%211.892+0%180.663+17%
Book Value Per Share--2207.0102207.0100%1995.035+11%1853.308+19%1389.531+59%
Current Ratio--72.24572.2450%24.537+194%27.936+159%17.261+319%
Debt To Asset Ratio--0.0180.0180%0.043-58%0.065-72%0.121-85%
Debt To Equity Ratio--0.0180.0180%0.045-59%0.072-75%0.151-88%
Dividend Per Share----0%-0%-0%-0%
Eps--105.286105.2860%137.232-23%108.205-3%73.924+42%
Free Cash Flow Per Share--116.924116.9240%138.015-15%110.696+6%85.672+36%
Free Cash Flow To Equity Per Share--116.924116.9240%138.015-15%112.364+4%117.2890%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1769.005--------
Intrinsic Value_10Y_min--1110.149--------
Intrinsic Value_1Y_max--125.330--------
Intrinsic Value_1Y_min--109.326--------
Intrinsic Value_3Y_max--416.147--------
Intrinsic Value_3Y_min--332.088--------
Intrinsic Value_5Y_max--754.688--------
Intrinsic Value_5Y_min--557.097--------
Market Cap75240945000.000-15%86802358500.00086802358500.0000%95244025500.000-9%136241164800.000-36%134717994450.000-36%
Net Profit Margin--0.3030.3030%0.289+5%0.249+22%0.162+87%
Operating Margin----0%-0%0.069-100%0.058-100%
Operating Ratio--1.5871.5870%1.601-1%1.567+1%1.623-2%
Pb Ratio0.929-15%1.0721.0720%1.301-18%2.086-49%3.125-66%
Pe Ratio19.471-15%22.46322.4630%18.910+19%68.241-67%62.118-64%
Price Per Share2050.000-15%2365.0002365.0000%2595.000-9%3712.000-36%3670.500-36%
Price To Free Cash Flow Ratio17.533-15%20.22720.2270%18.802+8%38.454-47%41.829-52%
Price To Total Gains Ratio9.671-15%11.15711.1570%18.858-41%20.036-44%29.925-63%
Quick Ratio--66.27666.2760%21.599+207%24.790+167%12.913+413%
Return On Assets--0.0470.0470%0.066-29%0.054-13%0.042+12%
Return On Equity--0.0480.0480%0.069-31%0.057-16%0.0480%
Total Gains Per Share--211.976211.9760%137.607+54%211.892+0%180.663+17%
Usd Book Value--56702574.64956702574.6490%51256487.135+11%47615248.933+19%35699864.086+59%
Usd Book Value Change Per Share--0.1480.1480%0.096+54%0.148+0%0.126+17%
Usd Book Value Per Share--1.5451.5450%1.397+11%1.297+19%0.973+59%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0740.0740%0.096-23%0.076-3%0.052+42%
Usd Free Cash Flow--3004008.2453004008.2450%3545896.326-15%2844011.958+6%1540768.429+95%
Usd Free Cash Flow Per Share--0.0820.0820%0.097-15%0.077+6%0.060+36%
Usd Free Cash Flow To Equity Per Share--0.0820.0820%0.097-15%0.079+4%0.0820%
Usd Market Cap52668661.500-15%60761650.95060761650.9500%66670817.850-9%95368815.360-36%94302596.115-36%
Usd Price Per Share1.435-15%1.6561.6560%1.817-9%2.598-36%2.569-36%
Usd Profit--2705006.0102705006.0100%3525768.659-23%2780018.045-3%1899257.071+42%
Usd Revenue--8931889.6388931889.6380%12208744.436-27%12410733.920-28%13725415.941-35%
Usd Total Gains Per Share--0.1480.1480%0.096+54%0.148+0%0.126+17%
 EOD+4 -4MRQTTM+0 -0YOY+15 -175Y+21 -1210Y+24 -9

3.2. Fundamental Score

Let's check the fundamental score of Sunny Elec based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.471
Price to Book Ratio (EOD)Between0-10.929
Net Profit Margin (MRQ)Greater than00.303
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than166.276
Current Ratio (MRQ)Greater than172.245
Debt to Asset Ratio (MRQ)Less than10.018
Debt to Equity Ratio (MRQ)Less than10.018
Return on Equity (MRQ)Greater than0.150.048
Return on Assets (MRQ)Greater than0.050.047
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Sunny Elec based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.319
Ma 20Greater thanMa 502,165.250
Ma 50Greater thanMa 1002,242.500
Ma 100Greater thanMa 2002,326.650
OpenGreater thanClose2,025.000
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Other Current Assets  337,300-26,225311,075-291,63719,437-19,437000
Other Current Liabilities  2,985,686-2,737,038248,6496,869,0477,117,695-7,117,6941-10



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in KRW. All numbers in thousands.

Summary
Total Assets82,497,512
Total Liabilities1,493,834
Total Stockholder Equity81,003,678
 As reported
Total Liabilities 1,493,834
Total Stockholder Equity+ 81,003,678
Total Assets = 82,497,512

Assets

Total Assets82,497,512
Total Current Assets74,824,097
Long-term Assets7,673,415
Total Current Assets
Cash And Cash Equivalents 2,926,770
Short-term Investments 67,522,283
Net Receivables 1,120,594
Inventory 2,072,215
Total Current Assets  (as reported)74,824,097
Total Current Assets  (calculated)73,641,862
+/- 1,182,235
Long-term Assets
Property Plant Equipment 4,627,521
Intangible Assets 3,775
Long-term Assets Other 786,316
Long-term Assets  (as reported)7,673,415
Long-term Assets  (calculated)5,417,613
+/- 2,255,803

Liabilities & Shareholders' Equity

Total Current Liabilities1,035,705
Long-term Liabilities458,129
Total Stockholder Equity81,003,678
Total Current Liabilities
Accounts payable 665,725
Other Current Liabilities 0
Total Current Liabilities  (as reported)1,035,705
Total Current Liabilities  (calculated)665,725
+/- 369,980
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt494,728
Long-term Liabilities  (as reported)458,129
Long-term Liabilities  (calculated)494,728
+/- 36,599
Total Stockholder Equity
Retained Earnings 15,690,027
Total Stockholder Equity (as reported)81,003,678
Total Stockholder Equity (calculated)15,690,027
+/- 65,313,651
Other
Capital Stock19,301,442
Common Stock Shares Outstanding 36,703
Net Invested Capital 81,003,678
Net Working Capital 73,788,392
Property Plant and Equipment Gross 17,305,949



Balance Sheet

Currency in KRW. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
70,541,130
58,386,207
59,961,224
57,289,619
33,890,362
33,110,821
32,458,371
35,443,895
53,345,009
51,470,501
46,488,111
39,869,427
33,690,475
28,523,761
30,412,762
41,052,607
41,114,893
40,388,929
54,612,565
61,496,543
65,431,757
77,185,258
76,509,690
82,497,512
82,497,51276,509,69077,185,25865,431,75761,496,54354,612,56540,388,92941,114,89341,052,60730,412,76228,523,76133,690,47539,869,42746,488,11151,470,50153,345,00935,443,89532,458,37133,110,82133,890,36257,289,61959,961,22458,386,20770,541,130
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
20,144,565
21,594,955
32,108,706
31,324,234
17,746,949
23,747,377
15,174,470
46,996,377
60,486,784
68,105,164
74,824,097
74,824,09768,105,16460,486,78446,996,37715,174,47023,747,37717,746,94931,324,23432,108,70621,594,95520,144,5650000000000000
       Cash And Cash Equivalents 
1,799,186
1,828,911
3,731,605
6,579,091
2,411,961
2,387,669
1,684,836
3,583,929
9,009,160
8,406,831
8,739,442
6,113,204
5,781,157
6,144,977
9,658,016
21,694,814
22,698,159
12,190,858
18,853,320
7,999,095
2,808,272
3,040,832
3,369,187
2,926,770
2,926,7703,369,1873,040,8322,808,2727,999,09518,853,32012,190,85822,698,15921,694,8149,658,0166,144,9775,781,1576,113,2048,739,4428,406,8319,009,1603,583,9291,684,8362,387,6692,411,9616,579,0913,731,6051,828,9111,799,186
       Short-term Investments 
1,254,081
656,400
917,320
11,742,000
1,340,000
1,770,779
4,319,396
3,575,603
1,590,531
160,606
0
234,103
3,120,913
3,120,647
3,132,500
2,006,500
10,500
56,500
25,200
733,618
39,612,677
51,199,590
58,643,372
67,522,283
67,522,28358,643,37251,199,59039,612,677733,61825,20056,50010,5002,006,5003,132,5003,120,6473,120,913234,1030160,6061,590,5313,575,6034,319,3961,770,7791,340,00011,742,000917,320656,4001,254,081
       Net Receivables 
13,381,841
7,403,680
7,055,485
5,681,583
5,134,130
5,548,475
5,282,812
6,504,046
9,892,391
10,063,632
9,108,987
6,003,195
5,546,442
4,566,906
3,830,014
4,050,115
2,546,758
2,312,649
2,044,740
3,307,843
1,335,819
1,530,965
1,304,783
1,120,594
1,120,5941,304,7831,530,9651,335,8193,307,8432,044,7402,312,6492,546,7584,050,1153,830,0144,566,9065,546,4426,003,1959,108,98710,063,6329,892,3916,504,0465,282,8125,548,4755,134,1305,681,5837,055,4857,403,68013,381,841
       Other Current Assets 
515,819
557,265
215,349
177,803
167,086
78,489
131,159
153,908
857,241
968,680
757,891
639,383
498,360
258,988
535,657
2,070,126
127,286
166,121
159,921
337,300
311,075
19,437
0
0
0019,437311,075337,300159,921166,121127,2862,070,126535,657258,988498,360639,383757,891968,680857,241153,908131,15978,489167,086177,803215,349557,265515,819
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,790,659
22,093,348
30,865,188
46,322,073
18,435,379
16,698,474
8,404,526
7,673,415
7,673,4158,404,52616,698,47418,435,37946,322,07330,865,18822,093,3489,790,6590000000000000000
       Property Plant Equipment 
38,780,313
36,172,075
30,682,543
20,110,420
16,970,366
15,720,418
15,504,683
14,720,875
20,789,613
18,297,666
16,762,317
13,949,263
7,856,737
7,056,220
7,550,290
6,576,566
6,272,813
5,504,655
5,209,614
5,438,440
5,177,300
4,659,124
4,691,201
4,627,521
4,627,5214,691,2014,659,1245,177,3005,438,4405,209,6145,504,6556,272,8136,576,5667,550,2907,056,2207,856,73713,949,26316,762,31718,297,66620,789,61314,720,87515,504,68315,720,41816,970,36620,110,42030,682,54336,172,07538,780,313
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
215,392
518,725
693,565
1,986,678
13,732,506
22,524,783
38,626,506
0
0
0
0
000038,626,50622,524,78313,732,5061,986,678693,565518,725215,3920000000000000
       Intangible Assets 
14,997
18,360
17,657
210,626
192,952
178,073
160,738
172,027
207,856
183,371
300,994
504,487
464,306
380,821
291,935
155,426
154,676
31,272
26,505
19,986
21,221
12,576
7,399
3,775
3,7757,39912,57621,22119,98626,50531,272154,676155,426291,935380,821464,306504,487300,994183,371207,856172,027160,738178,073192,952210,62617,65718,36014,997
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
441,481
793,481
718,460
610,030
622,805
953,238
226,915
786,316
786,316226,915953,238622,805610,030718,460793,481441,4810000000000000000
> Total Liabilities 
35,988,375
24,412,931
31,300,231
23,556,329
3,883,089
3,052,274
3,701,142
5,689,877
22,317,686
21,011,909
20,234,598
20,242,023
15,176,436
13,828,763
4,535,553
12,929,211
5,639,249
2,094,535
12,494,069
7,617,249
1,602,323
9,012,295
3,286,137
1,493,834
1,493,8343,286,1379,012,2951,602,3237,617,24912,494,0692,094,5355,639,24912,929,2114,535,55313,828,76315,176,43620,242,02320,234,59821,011,90922,317,6865,689,8773,701,1423,052,2743,883,08923,556,32931,300,23124,412,93135,988,375
   > Total Current Liabilities 
26,971,061
19,490,775
22,128,890
22,358,815
3,389,868
2,716,633
3,379,121
5,259,794
20,716,815
19,808,027
19,042,311
19,386,613
14,471,239
13,366,929
4,193,805
4,908,394
5,328,574
1,751,450
4,543,902
7,024,584
1,404,860
8,301,763
2,775,569
1,035,705
1,035,7052,775,5698,301,7631,404,8607,024,5844,543,9021,751,4505,328,5744,908,3944,193,80513,366,92914,471,23919,386,61319,042,31119,808,02720,716,8155,259,7943,379,1212,716,6333,389,86822,358,81522,128,89019,490,77526,971,061
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
11,000,000
2,000,000
9,530,329
3,535,512
0
0
1,928,225
0
0
0
0
00001,928,225003,535,5129,530,3292,000,00011,000,0000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
11,000,000
2,000,000
9,530,329
3,535,512
0
0
1,928,225
0
0
0
0
00001,928,225003,535,5129,530,3292,000,00011,000,0000000000000000
       Accounts payable 
7,286,642
3,462,447
3,929,726
4,043,710
2,907,029
2,375,737
2,595,562
4,308,200
3,732,698
4,324,550
3,531,973
3,345,187
2,716,867
1,915,891
1,579,581
1,958,318
1,370,839
1,020,164
959,014
1,756,019
813,251
892,620
912,223
665,725
665,725912,223892,620813,2511,756,019959,0141,020,1641,370,8391,958,3181,579,5811,915,8912,716,8673,345,1873,531,9734,324,5503,732,6984,308,2002,595,5622,375,7372,907,0294,043,7103,929,7263,462,4477,286,642
       Other Current Liabilities 
5,736,148
907,520
1,603,335
18,315,105
482,839
340,896
783,559
951,594
2,284,117
783,477
912,234
618,401
754,372
451,038
614,224
725,309
295,289
550,076
3,463,308
2,985,686
248,649
7,117,695
1
0
017,117,695248,6492,985,6863,463,308550,076295,289725,309614,224451,038754,372618,401912,234783,4772,284,117951,594783,559340,896482,83918,315,1051,603,335907,5205,736,148
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
310,675
484,458
7,950,167
592,665
197,463
710,533
510,567
458,129
458,129510,567710,533197,463592,6657,950,167484,458310,6750000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
-11,000,000
-2,000,000
-9,530,329
-3,535,512
0
0
-1,572,007
313,433
180,373
529,611
494,728
494,728529,611180,373313,433-1,572,00700-3,535,512-9,530,329-2,000,000-11,000,0000000000000000
> Total Stockholder Equity
29,908,751
29,240,767
24,608,389
33,733,290
30,007,274
30,058,547
28,757,229
29,754,018
31,027,324
30,458,591
26,253,513
19,603,532
18,493,703
14,678,648
25,863,958
28,125,107
35,478,741
38,297,116
42,118,496
53,879,294
63,829,433
68,172,963
73,223,553
81,003,678
81,003,67873,223,55368,172,96363,829,43353,879,29442,118,49638,297,11635,478,74128,125,10725,863,95814,678,64818,493,70319,603,53226,253,51330,458,59131,027,32429,754,01828,757,22930,058,54730,007,27433,733,29024,608,38929,240,76729,908,751
   Common Stock
10,350,000
10,350,000
10,350,000
10,350,000
10,350,000
10,350,000
10,350,000
10,350,000
10,350,000
10,680,000
10,680,000
10,680,000
10,680,000
10,680,000
14,180,000
14,180,000
15,608,570
15,938,240
15,938,240
17,812,623
18,372,506
18,372,506
0
0
0018,372,50618,372,50617,812,62315,938,24015,938,24015,608,57014,180,00014,180,00010,680,00010,680,00010,680,00010,680,00010,680,00010,350,00010,350,00010,350,00010,350,00010,350,00010,350,00010,350,00010,350,00010,350,000
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000
   Capital Surplus 000000000000000000000000
   Treasury Stock000000-2-2-2-2-2-2-996,570-883,949-883,949-300,001-1,364,001-1,364,001-1,364,001-1,364,001-1,364,001-742,473-747,292-2,322,903
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
9,077,822
9,663,407
9,875,968
9,686,303
9,845,404
0
0
0
-1
0
0
00-10009,845,4049,686,3039,875,9689,663,4079,077,8220000000000000



Balance Sheet

Currency in KRW. All numbers in thousands.




Cash Flow

Currency in KRW. All numbers in thousands.




Income Statement

Currency in KRW. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue12,759,842
Cost of Revenue-8,391,962
Gross Profit4,367,8814,367,881
 
Operating Income (+$)
Gross Profit4,367,881
Operating Expense-11,858,093
Operating Income901,750-7,490,212
 
Operating Expense (+$)
Research Development112,552
Selling General Administrative901,353
Selling And Marketing Expenses-
Operating Expense11,858,0931,013,905
 
Net Interest Income (+$)
Interest Income2,886,588
Interest Expense-41,868
Other Finance Cost-0
Net Interest Income2,844,720
 
Pretax Income (+$)
Operating Income901,750
Net Interest Income2,844,720
Other Non-Operating Income Expenses-
Income Before Tax (EBT)4,859,556901,750
EBIT - interestExpense = -41,868
3,864,294
3,906,162
Interest Expense41,868
Earnings Before Interest and Taxes (EBIT)-4,901,424
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax4,859,556
Tax Provision-995,262
Net Income From Continuing Ops3,864,2943,864,294
Net Income3,864,294
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--2,844,720
 

Technical Analysis of Sunny
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 Sunny. The general trend of Sunny is BEARISH 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 Sunny'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 Sunny Elec.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 2,080 < 2,100 < 2,120.

The bearish price targets are: .

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Sunny Elec 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 Sunny Elec. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-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 lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Sunny Elec 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 Sunny Elec. The current macd is -51.37606421.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sunny price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sunny. 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 Sunny price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Sunny Elec Daily Moving Average Convergence/Divergence (MACD) ChartSunny Elec 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 Sunny Elec. The current adx is 44.50.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Sunny shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Sunny Elec 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 Sunny Elec. The current sar is 2,139.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Sunny Elec 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 Sunny Elec. The current rsi is 27.32. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 2/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending up: The RSI is trending up. +1
Sunny Elec Daily Relative Strength Index (RSI) ChartSunny Elec 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 Sunny Elec. The current phase is Oversold in bear 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 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 above the STOCH %D 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 Sunny price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Sunny Elec Daily Stochastic Oscillator ChartSunny Elec 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 Sunny Elec. The current cci is -178.15044355.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Sunny Elec Daily Commodity Channel Index (CCI) ChartSunny Elec 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 Sunny Elec. The current cmo is -51.55951602.

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
Sunny Elec Daily Chande Momentum Oscillator (CMO) ChartSunny Elec 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 Sunny Elec. The current willr is -86.48648649.

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
Sunny Elec Daily Williams %R ChartSunny Elec 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 Sunny Elec.

Sunny Elec 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 Sunny Elec. The current atr is 42.83.

Sunny Elec Daily Average True Range (ATR) ChartSunny Elec 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 Sunny Elec. The current obv is 111,376,537.

Sunny Elec Daily On-Balance Volume (OBV) ChartSunny Elec 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 Sunny Elec. The current mfi is 13.42.

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

  • MFI < 50: -1
  • MFI < 20: -1
Sunny Elec Daily Money Flow Index (MFI) ChartSunny Elec Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sunny Elec.

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
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH 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).
2023-12-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the 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).
2023-12-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH 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
2024-01-30BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH 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
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Sunny Elec Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Sunny Elec based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.319
Ma 20Greater thanMa 502,165.250
Ma 50Greater thanMa 1002,242.500
Ma 100Greater thanMa 2002,326.650
OpenGreater thanClose2,025.000
Total0/5 (0.0%)
Penke

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