25 XP   0   0   10

Elsoft Research Bhd
Buy, Hold or Sell?

Let's analyse Elsoft Research Bhd together

PenkeI guess you are interested in Elsoft Research 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 Elsoft Research 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.

Get notifications about Elsoft Research Bhd

I send you an email if I find something interesting about Elsoft Research Bhd.

Quick analysis of Elsoft Research Bhd (30 sec.)










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

How much money do you get?

How much money do you get?
RM0.01
When do you have the money?
1 year
How often do you get paid?
73.7%

What is your share worth?

Current worth
RM0.20
Expected worth in 1 year
RM0.24
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
RM0.07
Return On Investment
13.1%

For what price can you sell your share?

Current Price per Share
RM0.52
Expected price per share
RM0.505 - RM0.57406097560976
How sure are you?
50%

1. Valuation of Elsoft Research Bhd (5 min.)




Live pricePrice per Share (EOD)

RM0.52

Intrinsic Value Per Share

RM0.37 - RM0.44

Total Value Per Share

RM0.58 - RM0.65

2. Growth of Elsoft Research Bhd (5 min.)




Is Elsoft Research Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$29.8m$23.6m$6m20.5%

How much money is Elsoft Research Bhd making?

Current yearPrevious yearGrowGrow %
Making money$2m$909.6k$1.1m55.1%
Net Profit Margin199.9%47.8%--

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

3. Financial Health of Elsoft Research Bhd (5 min.)




4. Comparing to competitors in the Semiconductor Equipment & Materials industry (5 min.)




  Industry Rankings (Semiconductor Equipment & Materials)  

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

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

What can you expect buying and holding a share of Elsoft Research Bhd?

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

Speculation

The Price per Share of Elsoft Research Bhd is RM0.52. 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 Elsoft Research 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 Elsoft Research 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 RM0.20. Based on the TTM, the Book Value Change Per Share is RM0.01 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 RM0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Elsoft Research 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 Eps0.000.1%0.000.6%0.000.3%0.000.2%0.000.2%
Usd Book Value Change Per Share0.000.1%0.000.4%0.000.1%0.000.4%0.000.4%
Usd Dividend Per Share0.000.0%0.000.3%0.000.3%0.000.4%0.000.4%
Usd Total Gains Per Share0.000.1%0.000.7%0.000.4%0.000.8%0.000.8%
Usd Price Per Share0.11-0.12-0.17-0.15-0.15-
Price to Earnings Ratio60.59-33.78-34.41-89.31-89.31-
Price-to-Total Gains Ratio242.35-110.39-89.46-257.46-257.46-
Price to Book Ratio2.57-2.74-4.98-4.45-4.45-
Price-to-Total Gains Ratio242.35-110.39-89.46-257.46-257.46-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.109928
Number of shares9096
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 (9096 shares)32.8338.05
Gains per Year (9096 shares)131.33152.18
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
156751217083142
2113150252139165294
3169225383209248446
4225300514278331598
5282375645348413750
6338450776417496902
73945259074875781054
845160010385566611206
950767511696267441358
1056475013006958261510

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 Share4.00.00.0100.0%11.01.00.091.7%18.01.00.094.7%18.01.00.094.7%18.01.00.094.7%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%12.07.00.063.2%12.07.00.063.2%12.07.00.063.2%
Dividend per Share2.00.02.050.0%8.00.04.066.7%14.00.05.073.7%14.00.05.073.7%14.00.05.073.7%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%

Fundamentals of Elsoft Research Bhd

About Elsoft Research Bhd

Elsoft Research Berhad, together with its subsidiaries, engages in the research, design, development, and manufacture of automated test equipment, burn-in systems, and application specific embedded control systems for semiconductor and optoelectronic industries. The company offers embedded peripherals, industrial remote IO peripherals, motion control products, and industrial IO ISA and PCI bus products. It also provides automated LED test equipment, LED burn-in systems, solar cell testers, LED testers, and embedded control products. In addition, the company engages in the rental business. It primarily serves automotive, smart devices, and general lighting markets in Malaysia, Singapore, the United States, the People's Republic of China, Japan, Taiwan, and internationally. Elsoft Research Berhad was founded in 1996 and is headquartered in Bayan Lepas, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 00:17:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Elsoft Research Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Elsoft Research Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Elsoft Research Bhd to the Semiconductor Equipment & Materials industry mean.
  • A Net Profit Margin of 47.5% means that RM0.48 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Elsoft Research Bhd:

  • The MRQ is 47.5%. The company is making a huge profit. +2
  • The TTM is 199.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ47.5%TTM199.9%-152.3%
TTM199.9%YOY47.8%+152.0%
TTM199.9%5Y68.8%+131.1%
5Y68.8%10Y68.8%0.0%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ47.5%9.6%+37.9%
TTM199.9%10.1%+189.8%
YOY47.8%14.4%+33.4%
5Y68.8%11.5%+57.3%
10Y68.8%9.2%+59.6%
1.1.2. Return on Assets

Shows how efficient Elsoft Research Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Elsoft Research Bhd to the Semiconductor Equipment & Materials industry mean.
  • 1.0% Return on Assets means that Elsoft Research Bhd generated RM0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Elsoft Research Bhd:

  • The MRQ is 1.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 6.4%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM6.4%-5.3%
TTM6.4%YOY3.6%+2.8%
TTM6.4%5Y3.1%+3.3%
5Y3.1%10Y3.1%0.0%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%1.3%-0.3%
TTM6.4%1.5%+4.9%
YOY3.6%2.1%+1.5%
5Y3.1%1.7%+1.4%
10Y3.1%1.5%+1.6%
1.1.3. Return on Equity

Shows how efficient Elsoft Research Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Elsoft Research Bhd to the Semiconductor Equipment & Materials industry mean.
  • 1.1% Return on Equity means Elsoft Research Bhd generated RM0.01 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Elsoft Research Bhd:

  • The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 6.9%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.1%TTM6.9%-5.8%
TTM6.9%YOY3.9%+3.0%
TTM6.9%5Y3.4%+3.5%
5Y3.4%10Y3.4%0.0%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%2.4%-1.3%
TTM6.9%2.4%+4.5%
YOY3.9%3.7%+0.2%
5Y3.4%2.9%+0.5%
10Y3.4%2.7%+0.7%

1.2. Operating Efficiency of Elsoft Research Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Elsoft Research Bhd is operating .

  • Measures how much profit Elsoft Research 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 Elsoft Research Bhd to the Semiconductor Equipment & Materials industry mean.
  • An Operating Margin of -6.8% means the company generated RM-0.07  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Elsoft Research Bhd:

  • The MRQ is -6.8%. The company is operating very inefficient. -2
  • The TTM is 5.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ-6.8%TTM5.0%-11.8%
TTM5.0%YOY7.2%-2.2%
TTM5.0%5Y12.5%-7.4%
5Y12.5%10Y12.5%0.0%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.8%13.7%-20.5%
TTM5.0%4.8%+0.2%
YOY7.2%16.0%-8.8%
5Y12.5%12.5%0.0%
10Y12.5%8.2%+4.3%
1.2.2. Operating Ratio

Measures how efficient Elsoft Research Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Semiconductor Equipment & Materials industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are RM0.95 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Elsoft Research Bhd:

  • The MRQ is 0.951. The company is less efficient in keeping operating costs low.
  • The TTM is 0.928. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.951TTM0.928+0.023
TTM0.928YOY1.233-0.305
TTM0.9285Y1.295-0.367
5Y1.29510Y1.2950.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9511.441-0.490
TTM0.9281.430-0.502
YOY1.2331.392-0.159
5Y1.2951.400-0.105
10Y1.2951.264+0.031

1.3. Liquidity of Elsoft Research Bhd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Elsoft Research Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Semiconductor Equipment & Materials industry mean).
  • A Current Ratio of 27.19 means the company has RM27.19 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Elsoft Research Bhd:

  • The MRQ is 27.186. The company is very able to pay all its short-term debts. +2
  • The TTM is 20.189. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ27.186TTM20.189+6.998
TTM20.189YOY10.152+10.036
TTM20.1895Y12.641+7.548
5Y12.64110Y12.6410.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ27.1862.535+24.651
TTM20.1892.535+17.654
YOY10.1522.513+7.639
5Y12.6412.667+9.974
10Y12.6412.366+10.275
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Elsoft Research Bhd to the Semiconductor Equipment & Materials industry mean.
  • A Quick Ratio of 46.84 means the company can pay off RM46.84 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Elsoft Research Bhd:

  • The MRQ is 46.839. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 33.785. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ46.839TTM33.785+13.054
TTM33.785YOY16.023+17.761
TTM33.7855Y19.825+13.959
5Y19.82510Y19.8250.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ46.8390.918+45.921
TTM33.7850.927+32.858
YOY16.0230.957+15.066
5Y19.8251.175+18.650
10Y19.8251.165+18.660

1.4. Solvency of Elsoft Research Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Elsoft Research Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Elsoft Research Bhd to Semiconductor Equipment & Materials industry mean.
  • A Debt to Asset Ratio of 0.03 means that Elsoft Research Bhd assets are financed with 3.4% credit (debt) and the remaining percentage (100% - 3.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Elsoft Research Bhd:

  • The MRQ is 0.034. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.050. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.034TTM0.050-0.016
TTM0.050YOY0.081-0.031
TTM0.0505Y0.072-0.022
5Y0.07210Y0.0720.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0340.368-0.334
TTM0.0500.371-0.321
YOY0.0810.381-0.300
5Y0.0720.364-0.292
10Y0.0720.374-0.302
1.4.2. Debt to Equity Ratio

Measures if Elsoft Research Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Elsoft Research Bhd to the Semiconductor Equipment & Materials industry mean.
  • A Debt to Equity ratio of 3.6% means that company has RM0.04 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Elsoft Research Bhd:

  • The MRQ is 0.036. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.054. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.036TTM0.054-0.018
TTM0.054YOY0.089-0.035
TTM0.0545Y0.078-0.025
5Y0.07810Y0.0780.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0360.583-0.547
TTM0.0540.606-0.552
YOY0.0890.654-0.565
5Y0.0780.581-0.503
10Y0.0780.646-0.568

2. Market Valuation of Elsoft Research 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 Elsoft Research Bhd generates.

  • Above 15 is considered overpriced but always compare Elsoft Research Bhd to the Semiconductor Equipment & Materials industry mean.
  • A PE ratio of 60.59 means the investor is paying RM60.59 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Elsoft Research Bhd:

  • The EOD is 60.010. Based on the earnings, the company is expensive. -2
  • The MRQ is 60.587. Based on the earnings, the company is expensive. -2
  • The TTM is 33.778. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD60.010MRQ60.587-0.577
MRQ60.587TTM33.778+26.809
TTM33.778YOY34.409-0.631
TTM33.7785Y89.308-55.530
5Y89.30810Y89.3080.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
EOD60.01019.587+40.423
MRQ60.58717.678+42.909
TTM33.77819.426+14.352
YOY34.40916.204+18.205
5Y89.30825.400+63.908
10Y89.30823.412+65.896
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 12.841. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 12.964. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 25.357. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD12.841MRQ12.964-0.123
MRQ12.964TTM25.357-12.393
TTM25.357YOY39.355-13.998
TTM25.3575Y37.711-12.354
5Y37.71110Y37.7110.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
EOD12.8417.894+4.947
MRQ12.9647.391+5.573
TTM25.3572.468+22.889
YOY39.3552.927+36.428
5Y37.7111.867+35.844
10Y37.711-1.251+38.962
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Semiconductor Equipment & Materials industry mean).
  • A PB ratio of 2.57 means the investor is paying RM2.57 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Elsoft Research Bhd:

  • The EOD is 2.547. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.572. Based on the equity, the company is underpriced. +1
  • The TTM is 2.737. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.547MRQ2.572-0.024
MRQ2.572TTM2.737-0.165
TTM2.737YOY4.983-2.246
TTM2.7375Y4.445-1.708
5Y4.44510Y4.4450.000
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
EOD2.5472.600-0.053
MRQ2.5722.510+0.062
TTM2.7372.492+0.245
YOY4.9832.805+2.178
5Y4.4452.779+1.666
10Y4.4453.026+1.419
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Elsoft Research 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--0.0020.010-78%0.003-33%0.011-80%0.011-80%
Book Value Per Share--0.2040.203+1%0.161+27%0.165+23%0.165+23%
Current Ratio--27.18620.189+35%10.152+168%12.641+115%12.641+115%
Debt To Asset Ratio--0.0340.050-32%0.081-58%0.072-52%0.072-52%
Debt To Equity Ratio--0.0360.054-34%0.089-60%0.078-55%0.078-55%
Dividend Per Share---0.007-100%0.007-100%0.009-100%0.009-100%
Eps--0.0020.014-84%0.006-65%0.006-64%0.006-64%
Free Cash Flow Per Share--0.0100.003+287%0.006+75%0.004+152%0.004+152%
Free Cash Flow To Equity Per Share--0.010-0.005+146%0.002+332%-0.005+147%-0.005+147%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.442--------
Intrinsic Value_10Y_min--0.372--------
Intrinsic Value_1Y_max--0.018--------
Intrinsic Value_1Y_min--0.018--------
Intrinsic Value_3Y_max--0.074--------
Intrinsic Value_3Y_min--0.071--------
Intrinsic Value_5Y_max--0.155--------
Intrinsic Value_5Y_min--0.142--------
Market Cap360061012.480-1%363523137.600384295888.320-5%554805550.480-34%497634931.722-27%497634931.722-27%
Net Profit Margin--0.4751.999-76%0.478-1%0.688-31%0.688-31%
Operating Margin---0.0680.050-235%0.072-194%0.125-154%0.125-154%
Operating Ratio--0.9510.928+2%1.233-23%1.295-27%1.295-27%
Pb Ratio2.547-1%2.5722.737-6%4.983-48%4.445-42%4.445-42%
Pe Ratio60.010-1%60.58733.778+79%34.409+76%89.308-32%89.308-32%
Price Per Share0.520-1%0.5250.555-5%0.801-34%0.719-27%0.719-27%
Price To Free Cash Flow Ratio12.841-1%12.96425.357-49%39.355-67%37.711-66%37.711-66%
Price To Total Gains Ratio240.041-1%242.349110.394+120%89.458+171%257.455-6%257.455-6%
Quick Ratio--46.83933.785+39%16.023+192%19.825+136%19.825+136%
Return On Assets--0.0100.064-84%0.036-71%0.031-67%0.031-67%
Return On Equity--0.0110.069-85%0.039-73%0.034-69%0.034-69%
Total Gains Per Share--0.0020.017-87%0.011-79%0.020-89%0.020-89%
Usd Book Value--29880121.60029684070.456+1%23608315.913+27%24208264.751+23%24208264.751+23%
Usd Book Value Change Per Share--0.0000.002-78%0.001-33%0.002-80%0.002-80%
Usd Book Value Per Share--0.0430.043+1%0.034+27%0.035+23%0.035+23%
Usd Dividend Per Share---0.002-100%0.002-100%0.002-100%0.002-100%
Usd Eps--0.0000.003-84%0.001-65%0.001-64%0.001-64%
Usd Free Cash Flow--1481914.000382531.207+287%848309.937+75%587800.337+152%587800.337+152%
Usd Free Cash Flow Per Share--0.0020.001+287%0.001+75%0.001+152%0.001+152%
Usd Free Cash Flow To Equity Per Share--0.002-0.001+146%0.000+332%-0.001+147%-0.001+147%
Usd Market Cap76116898.038-1%76848791.28981240150.791-5%117285893.371-34%105200024.566-27%105200024.566-27%
Usd Price Per Share0.110-1%0.1110.117-5%0.169-34%0.152-27%0.152-27%
Usd Profit--317100.0002028176.991-84%909683.268-65%874618.678-64%874618.678-64%
Usd Revenue--666967.000988275.763-33%1911124.177-65%1366511.919-51%1366511.919-51%
Usd Total Gains Per Share--0.0000.004-87%0.002-79%0.004-89%0.004-89%
 EOD+4 -4MRQTTM+16 -19YOY+17 -185Y+17 -1810Y+17 -18

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1560.010
Price to Book Ratio (EOD)Between0-12.547
Net Profit Margin (MRQ)Greater than00.475
Operating Margin (MRQ)Greater than0-0.068
Quick Ratio (MRQ)Greater than146.839
Current Ratio (MRQ)Greater than127.186
Debt to Asset Ratio (MRQ)Less than10.034
Debt to Equity Ratio (MRQ)Less than10.036
Return on Equity (MRQ)Greater than0.150.011
Return on Assets (MRQ)Greater than0.050.010
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.310
Ma 20Greater thanMa 500.521
Ma 50Greater thanMa 1000.526
Ma 100Greater thanMa 2000.530
OpenGreater thanClose0.525
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in MYR. All numbers in thousands.

Summary
Total Assets146,369
Total Liabilities5,025
Total Stockholder Equity141,344
 As reported
Total Liabilities 5,025
Total Stockholder Equity+ 141,344
Total Assets = 146,369

Assets

Total Assets146,369
Total Current Assets109,642
Long-term Assets36,727
Total Current Assets
Cash And Cash Equivalents 20,545
Short-term Investments 82,661
Net Receivables 3,033
Inventory 3,106
Other Current Assets 297
Total Current Assets  (as reported)109,642
Total Current Assets  (calculated)109,642
+/-0
Long-term Assets
Property Plant Equipment 18,967
Goodwill 7,294
Long-term Assets  (as reported)36,727
Long-term Assets  (calculated)26,261
+/- 10,466

Liabilities & Shareholders' Equity

Total Current Liabilities4,033
Long-term Liabilities992
Total Stockholder Equity141,344
Total Current Liabilities
Short-term Debt -650
Accounts payable 110
Other Current Liabilities 3,923
Total Current Liabilities  (as reported)4,033
Total Current Liabilities  (calculated)3,383
+/- 650
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt650
Long-term Liabilities  (as reported)992
Long-term Liabilities  (calculated)650
+/- 342
Total Stockholder Equity
Common Stock57,832
Retained Earnings 84,521
Accumulated Other Comprehensive Income 409
Other Stockholders Equity -1,418
Total Stockholder Equity (as reported)141,344
Total Stockholder Equity (calculated)141,344
+/-0
Other
Capital Stock57,832
Cash and Short Term Investments 103,206
Common Stock Shares Outstanding 687,304
Current Deferred Revenue650
Liabilities and Stockholders Equity 146,369
Net Debt -20,545
Net Invested Capital 141,344
Net Working Capital 105,609
Property Plant and Equipment Gross 18,967



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
130,464
122,659
116,861
119,292
112,459
111,177
113,412
107,789
108,618
108,236
114,454
119,982
121,631
119,698
125,024
151,385
147,793
146,123
146,369
146,369146,123147,793151,385125,024119,698121,631119,982114,454108,236108,618107,789113,412111,177112,459119,292116,861122,659130,464
   > Total Current Assets 
93,683
86,049
80,179
81,131
74,596
73,884
75,809
75,210
76,125
75,848
82,129
88,131
89,892
87,352
92,977
121,726
118,045
109,338
109,642
109,642109,338118,045121,72692,97787,35289,89288,13182,12975,84876,12575,21075,80973,88474,59681,13180,17986,04993,683
       Cash And Cash Equivalents 
4,480
15,102
10,124
10,442
4,785
4,991
26,609
3,414
10,801
5,002
21,226
12,840
13,684
11,460
20,566
11,202
22,585
13,056
20,545
20,54513,05622,58511,20220,56611,46013,68412,84021,2265,00210,8013,41426,6094,9914,78510,44210,12415,1024,480
       Short-term Investments 
67,186
48,082
53,295
57,526
57,869
56,672
37,945
61,535
54,733
58,698
44,627
56,088
59,276
57,547
54,290
61,878
82,387
82,207
82,661
82,66182,20782,38761,87854,29057,54759,27656,08844,62758,69854,73361,53537,94556,67257,86957,52653,29548,08267,186
       Net Receivables 
15,818
18,163
10,237
9,484
8,376
8,567
7,928
7,265
7,058
8,503
10,823
13,992
10,924
12,943
14,058
44,900
8,838
10,701
3,033
3,03310,7018,83844,90014,05812,94310,92413,99210,8238,5037,0587,2657,9288,5678,3769,48410,23718,16315,818
       Inventory 
5,701
3,861
4,027
3,680
3,006
3,148
2,821
2,776
3,237
3,352
5,008
4,776
5,488
4,458
4,063
3,643
3,861
3,077
3,106
3,1063,0773,8613,6434,0634,4585,4884,7765,0083,3523,2372,7762,8213,1483,0063,6804,0273,8615,701
   > Long-term Assets 
36,781
36,610
36,682
38,161
37,863
37,293
37,603
32,579
32,493
32,388
32,325
31,851
0
32,346
32,047
29,660
29,748
36,785
36,727
36,72736,78529,74829,66032,04732,346031,85132,32532,38832,49332,57937,60337,29337,86338,16136,68236,61036,781
       Property Plant Equipment 
0
0
0
20,631
20,524
20,494
20,606
20,440
20,286
20,113
19,950
19,808
19,687
19,542
19,409
19,227
19,061
19,144
18,967
18,96719,14419,06119,22719,40919,54219,68719,80819,95020,11320,28620,44020,60620,49420,52420,631000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,083
7,294
7,2947,08300000000000000000
       Intangible Assets 
2,873
2,857
2,841
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000002,8412,8572,873
       Long-term Assets Other 
36,781
36,610
36,682
38,161
37,863
0
0
0
0
0
0
0
0
0
0
61,989
82,496
82,315
82,768
82,76882,31582,49661,989000000000037,86338,16136,68236,61036,781
> Total Liabilities 
12,429
12,757
10,545
12,632
9,013
5,944
6,676
6,093
5,934
6,975
9,027
11,312
8,955
8,683
10,680
12,460
6,240
6,279
5,025
5,0256,2796,24012,46010,6808,6838,95511,3129,0276,9755,9346,0936,6765,9449,01312,63210,54512,75712,429
   > Total Current Liabilities 
11,790
12,118
9,906
11,788
8,170
5,101
5,833
5,195
5,036
6,077
8,129
10,357
8,000
7,728
9,725
11,506
5,286
5,293
4,033
4,0335,2935,28611,5069,7257,7288,00010,3578,1296,0775,0365,1955,8335,1018,17011,7889,90612,11811,790
       Accounts payable 
2,027
1,229
705
826
674
563
508
517
871
942
2,011
1,715
0
615
526
610
609
146
110
11014660961052661501,7152,0119428715175085636748267051,2292,027
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
786
0
0
9,199
10,896
4,677
5,147
3,923
3,9235,1474,67710,8969,1990078600000000000
   > Long-term Liabilities 
639
639
639
843
843
843
843
898
898
898
898
955
0
955
955
954
954
986
992
9929869549549559550955898898898898843843843843639639639
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
955
954
0
0
0
00095495500000000000000
> Total Stockholder Equity
118,035
109,902
106,316
106,661
103,446
105,233
106,736
101,695
102,684
101,261
105,427
108,669
112,676
111,015
114,344
138,925
141,553
139,844
141,344
141,344139,844141,553138,925114,344111,015112,676108,669105,427101,261102,684101,695106,736105,233103,446106,661106,316109,902118,035
   Common Stock
0
0
0
43,220
43,220
44,119
44,685
44,686
45,447
45,447
46,520
47,406
48,809
48,809
48,809
48,809
49,032
57,832
57,832
57,83257,83249,03248,80948,80948,80948,80947,40646,52045,44745,44744,68644,68544,11943,22043,220000
   Retained Earnings 
76,166
67,479
63,569
64,483
61,313
62,201
63,138
58,097
58,324
56,901
59,994
62,351
64,954
63,293
66,435
91,016
93,479
83,021
84,521
84,52183,02193,47991,01666,43563,29364,95462,35159,99456,90158,32458,09763,13862,20161,31364,48363,56967,47976,166
   Capital Surplus 0000000000000000000
   Treasury Stock0000000-1,087-1,087-1,087-1,087-1,087-1,087-1,087-1,087-1,043000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
467
-1,367
-1,367
-1,418
-1,418
-1,418-1,418-1,367-1,36746700000000000000



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 (+$)
totalRevenue18,700
Cost of Revenue-11,854
Gross Profit6,8456,845
 
Operating Income (+$)
Gross Profit6,845
Operating Expense-17,132
Operating Income1,568-10,287
 
Operating Expense (+$)
Research Development-
Selling General Administrative5,278
Selling And Marketing Expenses-
Operating Expense17,1325,278
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income1,568
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)42,9381,568
EBIT - interestExpense = 0
38,376
38,376
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-42,938
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax42,938
Tax Provision-4,562
Net Income From Continuing Ops38,37638,376
Net Income38,376
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-0
 

Technical Analysis of Elsoft Research 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 Elsoft Research Bhd. The general trend of Elsoft Research Bhd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Elsoft Research 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 (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Elsoft Research Bhd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.555 < 0.57 < 0.57406097560976.

The bearish price targets are: 0.505 > 0.505 > 0.505.

Tweet this
Elsoft Research 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 Elsoft Research Bhd. The current mas is .

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

  • MA 20 trending up: The MA 20 is trending up. +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

Elsoft Research 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 Elsoft Research Bhd. The current macd is 0.0012845.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Elsoft Research 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 Elsoft Research 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 Elsoft Research 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 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
Elsoft Research Bhd Daily Moving Average Convergence/Divergence (MACD) ChartElsoft Research 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 Elsoft Research Bhd. The current adx is 24.02.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Elsoft Research Bhd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Elsoft Research 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 Elsoft Research Bhd. The current sar is 0.51408718.

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
Elsoft Research 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 Elsoft Research Bhd. The current rsi is 46.31. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Elsoft Research Bhd Daily Relative Strength Index (RSI) ChartElsoft Research 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 Elsoft Research Bhd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Elsoft Research Bhd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Elsoft Research Bhd Daily Stochastic Oscillator ChartElsoft Research 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 Elsoft Research Bhd. The current cci is 7.40740741.

Elsoft Research Bhd Daily Commodity Channel Index (CCI) ChartElsoft Research 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 Elsoft Research Bhd. The current cmo is -13.04659343.

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
Elsoft Research Bhd Daily Chande Momentum Oscillator (CMO) ChartElsoft Research 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 Elsoft Research Bhd. The current willr is -66.66666667.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Elsoft Research Bhd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Elsoft Research Bhd Daily Williams %R ChartElsoft Research 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 Elsoft Research Bhd.

Elsoft Research 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 Elsoft Research Bhd. The current atr is 0.0106182.

Elsoft Research Bhd Daily Average True Range (ATR) ChartElsoft Research 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 Elsoft Research Bhd. The current obv is -8,140,400.

Elsoft Research Bhd Daily On-Balance Volume (OBV) ChartElsoft Research 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 Elsoft Research Bhd. The current mfi is 72.80.

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

  • MFI > 50: +1
Elsoft Research Bhd Daily Money Flow Index (MFI) ChartElsoft Research Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Elsoft Research 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
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-20SAR 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).
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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).
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04DMI 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).
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24CMO 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05DMI 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.
2024-02-06DMI 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.
2024-02-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-09STOCH 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.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20DMI 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.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22DMI 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
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).
2024-02-26DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH 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
2024-03-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13DMI 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.
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Elsoft Research Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.310
Ma 20Greater thanMa 500.521
Ma 50Greater thanMa 1000.526
Ma 100Greater thanMa 2000.530
OpenGreater thanClose0.525
Total1/5 (20.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Elsoft Research Bhd with someone you think should read this too:
  • Are you bullish or bearish on Elsoft Research Bhd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Elsoft Research Bhd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Elsoft Research Bhd

I send you an email if I find something interesting about Elsoft Research Bhd.


Comments

How you think about this?

Leave a comment

Stay informed about Elsoft Research Bhd.

Receive notifications about Elsoft Research Bhd in your mailbox!