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YGL Convergence Bhd
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Let's analyse YGL Convergence Bhd together

PenkeI guess you are interested in YGL Convergence Bhd. 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 YGL Convergence Bhd. 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 YGL Convergence Bhd (30 sec.)










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

How much money do you get?

How much money do you get?
RM0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
RM0.05
Expected worth in 1 year
RM0.07
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
RM0.01
Return On Investment
8.7%

For what price can you sell your share?

Current Price per Share
RM0.15
Expected price per share
RM0.14 - RM0.15
How sure are you?
50%

1. Valuation of YGL Convergence Bhd (5 min.)




Live pricePrice per Share (EOD)

RM0.15

Intrinsic Value Per Share

RM0.04 - RM0.05

Total Value Per Share

RM0.09 - RM0.10

2. Growth of YGL Convergence Bhd (5 min.)




Is YGL Convergence Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$3m$2.4m$207.6k7.7%

How much money is YGL Convergence Bhd making?

Current yearPrevious yearGrowGrow %
Making money-$9.8k-$61.3k$51.4k522.4%
Net Profit Margin-2.6%-11.9%--

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

3. Financial Health of YGL Convergence Bhd (5 min.)




4. Comparing to competitors in the Electronics & Computer Distribution industry (5 min.)




  Industry Rankings (Electronics & Computer Distribution)  

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

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

What can you expect buying and holding a share of YGL Convergence Bhd?

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

Speculation

The Price per Share of YGL Convergence Bhd is RM0.15. 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 YGL Convergence Bhd.
  • 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 YGL Convergence Bhd, 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 RM0.05. Based on the TTM, the Book Value Change Per Share is RM0.00 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.00 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 RM0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of YGL Convergence Bhd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.00-0.1%0.000.0%0.00-0.2%0.00-0.2%0.00-0.2%
Usd Book Value Change Per Share0.001.0%0.000.5%0.00-0.1%0.000.4%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 Share0.001.0%0.000.5%0.00-0.1%0.000.4%0.000.4%
Usd Price Per Share0.03-0.03-0.03-0.03-0.03-
Price to Earnings Ratio-50.74--1,026.64-71.21--243.39--243.39-
Price-to-Total Gains Ratio18.20-19.56-147.48--135.87--135.87-
Price to Book Ratio2.43-3.14-3.09-2.96-2.96-
Price-to-Total Gains Ratio18.20-19.56-147.48--135.87--135.87-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.03171
Number of shares31535
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 (31535 shares)21.8417.82
Gains per Year (31535 shares)87.3771.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10877707161
201751640143132
302622510214203
403493380285274
504374250356345
605245120428416
706125990499487
806996860570558
907867730641629
1008748600713700

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 Share1.03.00.025.0%3.09.00.025.0%5.015.00.025.0%5.015.00.025.0%5.015.00.025.0%
Book Value Change Per Share3.01.00.075.0%5.07.00.041.7%8.012.00.040.0%8.012.00.040.0%8.012.00.040.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.020.00.0%0.00.020.00.0%
Total Gains per Share3.01.00.075.0%5.07.00.041.7%8.012.00.040.0%8.012.00.040.0%8.012.00.040.0%

Fundamentals of YGL Convergence Bhd

About YGL Convergence Bhd

Ygl Convergence Berhad, an investment holding company, engages in the provision on management services and sale of computer hardware in primarily in Malaysia and other Asia Pacific countries. It operates through Software Implementation and Solar Panel Installation segments. The Software Implementation segment offers software installation, commissioning, support, and maintenance services, as well as its related services. The Solar Panel Installation segment provides engineering, procurement, construction, and commissioning services in solar energy solution, as well as its related services. The company is also involved in marketing and distributing computer software and hardware; and the provision of professional services. In addition, it develops and sells software systems; trades in computer equipment and software; provides software consultancy, implementation, and computer systems integrated services; and offers computer, automation solution, and electronic commerce services. The company was founded in 1993 and is headquartered in Penang, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 00:16:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of YGL Convergence Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit YGL Convergence Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare YGL Convergence Bhd to the Electronics & Computer Distribution industry mean.
  • A Net Profit Margin of -6.7% means that RM-0.07 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of YGL Convergence Bhd:

  • The MRQ is -6.7%. The company is making a loss. -1
  • The TTM is -2.6%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-6.7%TTM-2.6%-4.1%
TTM-2.6%YOY-11.9%+9.3%
TTM-2.6%5Y-64.6%+62.0%
5Y-64.6%10Y-64.6%0.0%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%1.7%-8.4%
TTM-2.6%1.8%-4.4%
YOY-11.9%2.7%-14.6%
5Y-64.6%2.2%-66.8%
10Y-64.6%2.0%-66.6%
1.1.2. Return on Assets

Shows how efficient YGL Convergence Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare YGL Convergence Bhd to the Electronics & Computer Distribution industry mean.
  • -0.9% Return on Assets means that YGL Convergence Bhd generated RM-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of YGL Convergence Bhd:

  • The MRQ is -0.9%. 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-0.9%TTM-0.2%-0.7%
TTM-0.2%YOY-1.8%+1.6%
TTM-0.2%5Y-2.9%+2.7%
5Y-2.9%10Y-2.9%0.0%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%1.0%-1.9%
TTM-0.2%0.9%-1.1%
YOY-1.8%1.6%-3.4%
5Y-2.9%1.4%-4.3%
10Y-2.9%1.3%-4.2%
1.1.3. Return on Equity

Shows how efficient YGL Convergence Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare YGL Convergence Bhd to the Electronics & Computer Distribution industry mean.
  • -1.2% Return on Equity means YGL Convergence Bhd generated RM-0.01 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of YGL Convergence Bhd:

  • The MRQ is -1.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.2%TTM-0.3%-0.9%
TTM-0.3%YOY-2.7%+2.4%
TTM-0.3%5Y-3.5%+3.2%
5Y-3.5%10Y-3.5%0.0%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.2%2.3%-3.5%
TTM-0.3%2.5%-2.8%
YOY-2.7%4.6%-7.3%
5Y-3.5%3.6%-7.1%
10Y-3.5%3.3%-6.8%

1.2. Operating Efficiency of YGL Convergence Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient YGL Convergence Bhd is operating .

  • Measures how much profit YGL Convergence Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare YGL Convergence Bhd to the Electronics & Computer Distribution industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of YGL Convergence Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.1%+0.1%
TTM-0.1%YOY-3.8%+3.6%
TTM-0.1%5Y-36.9%+36.8%
5Y-36.9%10Y-36.9%0.0%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.6%-2.6%
TTM-0.1%2.1%-2.2%
YOY-3.8%3.6%-7.4%
5Y-36.9%3.0%-39.9%
10Y-36.9%2.6%-39.5%
1.2.2. Operating Ratio

Measures how efficient YGL Convergence Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronics & Computer Distribution industry mean).
  • An Operation Ratio of 1.67 means that the operating costs are RM1.67 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of YGL Convergence Bhd:

  • The MRQ is 1.667. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.665. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.667TTM1.665+0.002
TTM1.665YOY1.969-0.305
TTM1.6655Y2.354-0.689
5Y2.35410Y2.3540.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6671.775-0.108
TTM1.6651.733-0.068
YOY1.9691.703+0.266
5Y2.3541.586+0.768
10Y2.3541.341+1.013

1.3. Liquidity of YGL Convergence Bhd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if YGL Convergence Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electronics & Computer Distribution industry mean).
  • A Current Ratio of 2.20 means the company has RM2.20 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of YGL Convergence Bhd:

  • The MRQ is 2.199. The company is able to pay all its short-term debts. +1
  • The TTM is 1.827. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.199TTM1.827+0.372
TTM1.827YOY1.585+0.243
TTM1.8275Y2.280-0.453
5Y2.28010Y2.2800.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1991.637+0.562
TTM1.8271.609+0.218
YOY1.5851.573+0.012
5Y2.2801.558+0.722
10Y2.2801.519+0.761
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare YGL Convergence Bhd to the Electronics & Computer Distribution industry mean.
  • A Quick Ratio of 0.42 means the company can pay off RM0.42 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of YGL Convergence Bhd:

  • The MRQ is 0.420. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.961. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.420TTM0.961-0.540
TTM0.961YOY1.479-0.518
TTM0.9615Y1.742-0.781
5Y1.74210Y1.7420.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4200.811-0.391
TTM0.9610.839+0.122
YOY1.4790.859+0.620
5Y1.7420.906+0.836
10Y1.7420.926+0.816

1.4. Solvency of YGL Convergence Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of YGL Convergence Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare YGL Convergence Bhd to Electronics & Computer Distribution industry mean.
  • A Debt to Asset Ratio of 0.25 means that YGL Convergence Bhd assets are financed with 24.7% credit (debt) and the remaining percentage (100% - 24.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of YGL Convergence Bhd:

  • The MRQ is 0.247. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.258. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.247TTM0.258-0.011
TTM0.258YOY0.286-0.028
TTM0.2585Y0.212+0.046
5Y0.21210Y0.2120.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2470.576-0.329
TTM0.2580.581-0.323
YOY0.2860.570-0.284
5Y0.2120.574-0.362
10Y0.2120.551-0.339
1.4.2. Debt to Equity Ratio

Measures if YGL Convergence Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare YGL Convergence Bhd to the Electronics & Computer Distribution industry mean.
  • A Debt to Equity ratio of 32.9% means that company has RM0.33 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of YGL Convergence Bhd:

  • The MRQ is 0.329. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.349. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.329TTM0.349-0.021
TTM0.349YOY0.402-0.053
TTM0.3495Y0.291+0.059
5Y0.29110Y0.2910.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3291.383-1.054
TTM0.3491.378-1.029
YOY0.4021.371-0.969
5Y0.2911.442-1.151
10Y0.2911.507-1.216

2. Market Valuation of YGL Convergence Bhd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings YGL Convergence Bhd generates.

  • Above 15 is considered overpriced but always compare YGL Convergence Bhd to the Electronics & Computer Distribution industry mean.
  • A PE ratio of -50.74 means the investor is paying RM-50.74 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of YGL Convergence Bhd:

  • The EOD is -58.547. Based on the earnings, the company is expensive. -2
  • The MRQ is -50.741. Based on the earnings, the company is expensive. -2
  • The TTM is -1,026.643. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-58.547MRQ-50.741-7.806
MRQ-50.741TTM-1,026.643+975.902
TTM-1,026.643YOY71.213-1,097.856
TTM-1,026.6435Y-243.385-783.258
5Y-243.38510Y-243.3850.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD-58.5479.634-68.181
MRQ-50.7419.237-59.978
TTM-1,026.6439.658-1,036.301
YOY71.2139.412+61.801
5Y-243.38510.643-254.028
10Y-243.38512.787-256.172
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of YGL Convergence Bhd:

  • The EOD is -496.096. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -429.950. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -127.578. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-496.096MRQ-429.950-66.146
MRQ-429.950TTM-127.578-302.372
TTM-127.578YOY17.422-145.000
TTM-127.5785Y-34.586-92.992
5Y-34.58610Y-34.5860.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD-496.0961.756-497.852
MRQ-429.9501.873-431.823
TTM-127.5781.099-128.677
YOY17.4220.920+16.502
5Y-34.5860.831-35.417
10Y-34.5861.242-35.828
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electronics & Computer Distribution industry mean).
  • A PB ratio of 2.43 means the investor is paying RM2.43 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of YGL Convergence Bhd:

  • The EOD is 2.807. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.432. Based on the equity, the company is underpriced. +1
  • The TTM is 3.141. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.807MRQ2.432+0.374
MRQ2.432TTM3.141-0.708
TTM3.141YOY3.088+0.053
TTM3.1415Y2.960+0.181
5Y2.96010Y2.9600.000
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD2.8071.334+1.473
MRQ2.4321.274+1.158
TTM3.1411.295+1.846
YOY3.0881.425+1.663
5Y2.9601.459+1.501
10Y2.9601.516+1.444
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of YGL Convergence Bhd 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--0.0070.003+118%-0.001+114%0.003+167%0.003+167%
Book Value Per Share--0.0530.047+14%0.043+23%0.048+11%0.048+11%
Current Ratio--2.1991.827+20%1.585+39%2.280-4%2.280-4%
Debt To Asset Ratio--0.2470.258-4%0.286-14%0.212+17%0.212+17%
Debt To Equity Ratio--0.3290.349-6%0.402-18%0.291+13%0.291+13%
Dividend Per Share----0%-0%-0%-0%
Eps---0.0010.000-73%-0.001+67%-0.002+157%-0.002+157%
Free Cash Flow Per Share--0.0000.001-109%0.002-104%-0.001+818%-0.001+818%
Free Cash Flow To Equity Per Share--0.0000.000-161%0.002-103%0.000-118%0.000-118%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.046--------
Intrinsic Value_10Y_min--0.038--------
Intrinsic Value_1Y_max--0.000--------
Intrinsic Value_1Y_min--0.000--------
Intrinsic Value_3Y_max--0.004--------
Intrinsic Value_3Y_min--0.004--------
Intrinsic Value_5Y_max--0.012--------
Intrinsic Value_5Y_min--0.011--------
Market Cap40757251.200+13%35322951.04039398676.160-10%36341882.320-3%37496671.104-6%37496671.104-6%
Net Profit Margin---0.067-0.026-61%-0.119+78%-0.646+864%-0.646+864%
Operating Margin----0.0010%-0.0380%-0.3690%-0.3690%
Operating Ratio--1.6671.665+0%1.969-15%2.354-29%2.354-29%
Pb Ratio2.807+13%2.4323.141-23%3.088-21%2.960-18%2.960-18%
Pe Ratio-58.547-15%-50.741-1026.643+1923%71.213-171%-243.385+380%-243.385+380%
Price Per Share0.150+13%0.1300.145-10%0.134-3%0.138-6%0.138-6%
Price To Free Cash Flow Ratio-496.096-15%-429.950-127.578-70%17.422-2568%-34.586-92%-34.586-92%
Price To Total Gains Ratio20.999+13%18.19919.560-7%147.483-88%-135.873+847%-135.873+847%
Quick Ratio--0.4200.961-56%1.479-72%1.742-76%1.742-76%
Return On Assets---0.009-0.002-74%-0.018+101%-0.029+221%-0.029+221%
Return On Equity---0.012-0.003-77%-0.027+123%-0.035+192%-0.035+192%
Total Gains Per Share--0.0070.003+118%-0.001+114%0.003+167%0.003+167%
Usd Book Value--3070024.3672699072.648+14%2491430.389+23%2772082.038+11%2772082.038+11%
Usd Book Value Change Per Share--0.0020.001+118%0.000+114%0.001+167%0.001+167%
Usd Book Value Per Share--0.0110.010+14%0.009+23%0.010+11%0.010+11%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.000-73%0.000+67%0.000+157%0.000+157%
Usd Free Cash Flow---4341.94547603.105-109%97319.628-104%-39878.337+818%-39878.337+818%
Usd Free Cash Flow Per Share--0.0000.000-109%0.000-104%0.000+818%0.000+818%
Usd Free Cash Flow To Equity Per Share--0.0000.000-161%0.000-103%0.000-118%0.000-118%
Usd Market Cap8616082.904+13%7467271.8508328880.140-10%7682673.922-3%7926796.271-6%7926796.271-6%
Usd Price Per Share0.032+13%0.0270.031-10%0.028-3%0.029-6%0.029-6%
Usd Profit---36791.210-9848.915-73%-61301.244+67%-94571.555+157%-94571.555+157%
Usd Revenue--548587.017490011.036+12%872702.009-37%446108.097+23%446108.097+23%
Usd Total Gains Per Share--0.0020.001+118%0.000+114%0.001+167%0.001+167%
 EOD+6 -2MRQTTM+14 -18YOY+21 -115Y+22 -1010Y+22 -10

3.2. Fundamental Score

Let's check the fundamental score of YGL Convergence Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-58.547
Price to Book Ratio (EOD)Between0-12.807
Net Profit Margin (MRQ)Greater than0-0.067
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.420
Current Ratio (MRQ)Greater than12.199
Debt to Asset Ratio (MRQ)Less than10.247
Debt to Equity Ratio (MRQ)Less than10.329
Return on Equity (MRQ)Greater than0.15-0.012
Return on Assets (MRQ)Greater than0.05-0.009
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of YGL Convergence Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.311
Ma 20Greater thanMa 500.135
Ma 50Greater thanMa 1000.135
Ma 100Greater thanMa 2000.136
OpenGreater thanClose0.135
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Retained Earnings  -19,842195-19,64715-19,632-208-19,84020,826986



Latest Balance Sheet

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

Summary
Total Assets19,280
Total Liabilities4,757
Total Stockholder Equity14,475
 As reported
Total Liabilities 4,757
Total Stockholder Equity+ 14,475
Total Assets = 19,280

Assets

Total Assets19,280
Total Current Assets10,462
Long-term Assets8,817
Total Current Assets
Cash And Cash Equivalents 5,124
Net Receivables 2,000
Inventory 577
Total Current Assets  (as reported)10,462
Total Current Assets  (calculated)7,702
+/- 2,761
Long-term Assets
Property Plant Equipment 4,137
Long-term Assets  (as reported)8,817
Long-term Assets  (calculated)4,137
+/- 4,680

Liabilities & Shareholders' Equity

Total Current Liabilities4,757
Long-term Liabilities0
Total Stockholder Equity14,475
Total Current Liabilities
Short Long Term Debt 1,107
Accounts payable 1,988
Other Current Liabilities 151
Total Current Liabilities  (as reported)4,757
Total Current Liabilities  (calculated)3,245
+/- 1,513
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 986
Total Stockholder Equity (as reported)14,475
Total Stockholder Equity (calculated)986
+/- 13,489
Other
Capital Stock11,476
Common Stock Shares Outstanding 271,715
Net Invested Capital 15,582
Net Working Capital 5,705



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
18,084
18,511
17,933
17,023
14,806
13,865
13,396
15,182
15,087
16,173
17,615
22,584
17,621
16,647
15,806
15,898
15,968
16,902
16,589
19,280
19,28016,58916,90215,96815,89815,80616,64717,62122,58417,61516,17315,08715,18213,39613,86514,80617,02317,93318,51118,084
   > Total Current Assets 
5,666
6,131
5,627
4,901
6,752
6,023
5,650
6,060
6,041
7,366
8,792
14,057
8,755
8,167
7,515
7,958
7,767
7,452
7,276
10,462
10,4627,2767,4527,7677,9587,5158,1678,75514,0578,7927,3666,0416,0605,6506,0236,7524,9015,6276,1315,666
       Cash And Cash Equivalents 
4,046
3,679
3,275
2,751
4,959
4,816
4,475
4,213
3,424
3,637
3,612
3,109
3,520
3,097
2,789
3,353
2,866
3,016
2,950
5,124
5,1242,9503,0162,8663,3532,7893,0973,5203,1093,6123,6373,4244,2134,4754,8164,9592,7513,2753,6794,046
       Net Receivables 
1,397
2,436
2,343
2,128
1,785
1,198
1,167
1,838
2,602
3,632
4,342
10,646
4,590
3,612
3,508
2,732
3,063
2,745
1,815
2,000
2,0001,8152,7453,0632,7323,5083,6124,59010,6464,3423,6322,6021,8381,1671,1981,7852,1282,3432,4361,397
   > Long-term Assets 
12,418
12,380
12,306
0
0
7,843
7,746
9,123
9,046
8,807
8,823
8,527
8,866
8,480
8,291
7,939
8,399
9,449
9,312
8,817
8,8179,3129,4498,3997,9398,2918,4808,8668,5278,8238,8079,0469,1237,7467,8430012,30612,38012,418
       Property Plant Equipment 
0
0
0
4,164
4,154
4,038
4,067
3,967
4,028
3,768
3,696
3,622
3,767
3,516
3,471
3,427
3,566
4,256
4,199
4,137
4,1374,1994,2563,5663,4273,4713,5163,7673,6223,6963,7684,0283,9674,0674,0384,1544,164000
       Goodwill 
0
0
0
0
0
0
0
0
1,319
0
0
0
1,319
0
0
0
1,319
0
0
0
0001,3190001,3190001,31900000000
       Intangible Assets 
0
0
0
5,822
3,617
3,521
3,395
3,273
3,012
3,056
2,980
2,865
2,809
2,753
2,658
2,510
2,482
2,444
0
0
002,4442,4822,5102,6582,7532,8092,8652,9803,0563,0123,2733,3953,5213,6175,822000
       Long-term Assets Other 
12,418
12,380
12,306
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000012,30612,38012,418
> Total Liabilities 
1,659
1,688
1,755
1,897
2,070
1,813
1,539
2,133
2,068
3,788
5,295
10,507
4,507
5,141
4,246
4,936
4,794
4,109
4,007
4,757
4,7574,0074,1094,7944,9364,2465,1414,50710,5075,2953,7882,0682,1331,5391,8132,0701,8971,7551,6881,659
   > Total Current Liabilities 
1,659
1,688
1,755
1,817
2,351
2,108
1,713
2,342
2,298
3,979
5,421
10,899
4,907
5,569
4,675
5,377
5,218
4,129
4,007
4,757
4,7574,0074,1295,2185,3774,6755,5694,90710,8995,4213,9792,2982,3421,7132,1082,3511,8171,7551,6881,659
       Short-term Debt 
0
0
0
0
0
0
0
0
0
864
1,077
2,290
1,261
1,703
865
1,769
1,700
1,078
0
0
001,0781,7001,7698651,7031,2612,2901,077864000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
864
1,077
2,290
1,261
1,703
865
1,769
1,700
1,078
1,077
1,107
1,1071,0771,0781,7001,7698651,7031,2612,2901,077864000000000
       Accounts payable 
193
271
196
0
0
279
243
123
1,423
9
984
1,660
811
647
1,223
455
286
316
949
1,988
1,9889493162864551,2236478111,66098491,42312324327900196271193
       Other Current Liabilities 
301
237
181
0
0
488
266
239
0
230
240
0
0
228
2,587
3,153
3,233
2,735
137
151
1511372,7353,2333,1532,58722800240230023926648800181237301
   > Long-term Liabilities 
0
0
0
0
0
0
44
55
0
0
0
0
98
0
0
0
18
0
0
0
000180009800005544000000
       Long term Debt Total 
0
0
0
0
0
0
44
55
0
0
0
0
0
0
0
0
0
0
0
0
0000000000005544000000
> Total Stockholder Equity
16,363
16,772
16,091
15,126
12,736
12,053
11,857
13,049
13,019
12,384
12,320
12,077
13,114
11,506
11,560
10,961
11,174
12,792
12,589
14,475
14,47512,58912,79211,17410,96111,56011,50613,11412,07712,32012,38413,01913,04911,85712,05312,73615,12616,09116,77216,363
   Common Stock
0
0
0
27,218
30,400
30,400
30,400
30,400
30,400
30,400
30,400
30,400
30,400
30,400
30,400
30,400
30,400
30,400
0
0
0030,40030,40030,40030,40030,40030,40030,40030,40030,40030,40030,40030,40030,40030,40027,218000
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
0
0
0
449
0
671
665
673
732
82
83
70
738
122
429
403
409
2,024
0
0
002,0244094034291227387083827326736656710449000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue9,069
Cost of Revenue-6,259
Gross Profit2,8102,810
 
Operating Income (+$)
Gross Profit2,810
Operating Expense-9,649
Operating Income-580-6,839
 
Operating Expense (+$)
Research Development-
Selling General Administrative3,460
Selling And Marketing Expenses-
Operating Expense9,6493,460
 
Net Interest Income (+$)
Interest Income-
Interest Expense-87
Other Finance Cost-0
Net Interest Income-87
 
Pretax Income (+$)
Operating Income-580
Net Interest Income-87
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-548-580
EBIT - interestExpense = -87
-585
-498
Interest Expense87
Earnings Before Interest and Taxes (EBIT)--461
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-548
Tax Provision-28
Net Income From Continuing Ops-576-576
Net Income-585
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-87
 

Technical Analysis of YGL Convergence Bhd
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 YGL Convergence Bhd. The general trend of YGL Convergence Bhd is BULLISH with 14.3% 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 YGL Convergence Bhd'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 (14.3%) Bearish trend (-14.3%)
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 YGL Convergence Bhd.

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: 0.135 < 0.15 < 0.15.

The bearish price targets are: 0.145 > 0.145 > 0.14.

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YGL Convergence Bhd 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 YGL Convergence Bhd. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Directionalities and relatives.

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

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

YGL Convergence Bhd 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 YGL Convergence Bhd. The current macd is 0.00109644.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the YGL Convergence Bhd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for YGL Convergence Bhd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the YGL Convergence Bhd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
YGL Convergence Bhd Daily Moving Average Convergence/Divergence (MACD) ChartYGL Convergence Bhd 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 YGL Convergence Bhd. The current adx is 33.79.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 YGL Convergence Bhd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
YGL Convergence Bhd 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 YGL Convergence Bhd. The current sar is 0.13.

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
YGL Convergence Bhd 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 YGL Convergence Bhd. The current rsi is 69.31. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
YGL Convergence Bhd Daily Relative Strength Index (RSI) ChartYGL Convergence Bhd 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 YGL Convergence Bhd. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 YGL Convergence Bhd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
YGL Convergence Bhd Daily Stochastic Oscillator ChartYGL Convergence Bhd 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 YGL Convergence Bhd. The current cci is 280.70.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
YGL Convergence Bhd Daily Commodity Channel Index (CCI) ChartYGL Convergence Bhd 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 YGL Convergence Bhd. The current cmo is 51.13.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
YGL Convergence Bhd Daily Chande Momentum Oscillator (CMO) ChartYGL Convergence Bhd 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 YGL Convergence Bhd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
YGL Convergence Bhd Daily Williams %R ChartYGL Convergence Bhd 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 YGL Convergence Bhd.

YGL Convergence Bhd 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 YGL Convergence Bhd. The current atr is 0.00374622.

YGL Convergence Bhd Daily Average True Range (ATR) ChartYGL Convergence Bhd 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 YGL Convergence Bhd. The current obv is 81,272,800.

YGL Convergence Bhd Daily On-Balance Volume (OBV) ChartYGL Convergence Bhd 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 YGL Convergence Bhd. The current mfi is 97.64.

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

  • MFI > 50: +1
  • MFI > 80: +1
YGL Convergence Bhd Daily Money Flow Index (MFI) ChartYGL Convergence Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for YGL Convergence Bhd.

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.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-08CMO 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).
2023-11-10SAR 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
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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).
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-01MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-11DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-14CCI 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).
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20CCI 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).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22MACD 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13DMI 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.
2024-02-15MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-22SAR 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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).
2024-03-27MACD 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
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

YGL Convergence Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of YGL Convergence Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.311
Ma 20Greater thanMa 500.135
Ma 50Greater thanMa 1000.135
Ma 100Greater thanMa 2000.136
OpenGreater thanClose0.135
Total1/5 (20.0%)
Penke

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