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Eversafe Rubber Bhd
Buy, Hold or Sell?

Let's analyse Eversafe together

PenkeI guess you are interested in Eversafe Rubber 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 Eversafe Rubber 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 Eversafe (30 sec.)










What can you expect buying and holding a share of Eversafe? (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?
15.8%

What is your share worth?

Current worth
RM0.26
Expected worth in 1 year
RM0.26
How sure are you?
63.2%

+ What do you gain per year?

Total Gains per Share
RM0.01
Return On Investment
3.9%

For what price can you sell your share?

Current Price per Share
RM0.20
Expected price per share
RM0.2 - RM0.225
How sure are you?
50%

1. Valuation of Eversafe (5 min.)




Live pricePrice per Share (EOD)

RM0.20

Intrinsic Value Per Share

RM0.88 - RM1.06

Total Value Per Share

RM1.14 - RM1.31

2. Growth of Eversafe (5 min.)




Is Eversafe growing?

Current yearPrevious yearGrowGrow %
How rich?$12.9m$13.4m-$669.8k-5.3%

How much money is Eversafe making?

Current yearPrevious yearGrowGrow %
Making money-$11.3k-$154.8k$143.5k1,265.7%
Net Profit Margin0.0%-2.2%--

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

3. Financial Health of Eversafe (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  

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

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

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

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

Speculation

The Price per Share of Eversafe is RM0.2. 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 Eversafe.
  • 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 Eversafe, 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 RM0.26. 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 Eversafe.

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 Eps0.000.2%0.000.0%0.00-0.3%0.000.1%0.000.1%
Usd Book Value Change Per Share0.000.2%0.000.0%0.00-0.5%0.001.4%0.001.4%
Usd Dividend Per Share0.000.0%0.000.2%0.000.2%0.000.1%0.000.1%
Usd Total Gains Per Share0.000.2%0.000.2%0.00-0.3%0.001.6%0.001.6%
Usd Price Per Share0.04-0.04-0.05-0.05-0.05-
Price to Earnings Ratio25.88-10.06--793.88--41.00--41.00-
Price-to-Total Gains Ratio97.44-34.15--8.20--73.48--73.48-
Price to Book Ratio0.82-0.77-0.84-0.83-0.83-
Price-to-Total Gains Ratio97.44-34.15--8.20--73.48--73.48-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.04228
Number of shares23651
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 (23651 shares)9.6574.10
Gains per Year (23651 shares)38.60296.40
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
140-12927269286
280-36855538582
3120-410782807878
4160-614610910761174
5200-718513713451470
6240-822416416141766
7280-1026319218832062
8320-1130221921522358
9360-1334124624212654
10400-1438027426902950

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 Share3.01.00.075.0%6.06.00.050.0%11.08.00.057.9%11.08.00.057.9%11.08.00.057.9%
Book Value Change Per Share3.01.00.075.0%5.07.00.041.7%11.08.00.057.9%11.08.00.057.9%11.08.00.057.9%
Dividend per Share1.00.03.025.0%3.00.09.025.0%3.00.016.015.8%3.00.016.015.8%3.00.016.015.8%
Total Gains per Share3.01.00.075.0%6.06.00.050.0%12.07.00.063.2%12.07.00.063.2%12.07.00.063.2%

Fundamentals of Eversafe

About Eversafe Rubber Bhd

Eversafe Rubber Berhad, an investment holding company, develops, manufactures, and distributes tyre retreading materials to tyre retreaders and rubber material traders. The company offers masterbatches, pre-cured tread liners, camelbacks, cushion gums, repair ropes, sidewall veneers, and orbitreads. It is also involved in the tyre retreading operations and provision of after-sales services. In addition, the company trades in rubber-based products, equipment, curing envelopes, flaps and tubes, related machineries, rubber wastages sold as scrap, and related accessories. Eversafe Rubber Berhad sells its products in various, including Asia, Australia, Oceania, Africa, the Americas, Europe, and the Middle East. The company was incorporated in 2015 and is headquartered in Ipoh, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 00:58:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/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 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 able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Eversafe Rubber Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Eversafe earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Eversafe to the Auto Parts industry mean.
  • A Net Profit Margin of 1.6% means that RM0.02 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Eversafe Rubber Bhd:

  • The MRQ is 1.6%. The company is making a profit. +1
  • The TTM is 0.0%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ1.6%TTM0.0%+1.6%
TTM0.0%YOY-2.2%+2.2%
TTM0.0%5Y1.0%-1.0%
5Y1.0%10Y1.0%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%3.9%-2.3%
TTM0.0%3.6%-3.6%
YOY-2.2%3.5%-5.7%
5Y1.0%2.9%-1.9%
10Y1.0%4.0%-3.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Eversafe to the Auto Parts industry mean.
  • 0.4% Return on Assets means that Eversafe generated RM0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Eversafe Rubber Bhd:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.0%+0.4%
TTM0.0%YOY-0.6%+0.6%
TTM0.0%5Y0.3%-0.3%
5Y0.3%10Y0.3%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%1.2%-0.8%
TTM0.0%1.0%-1.0%
YOY-0.6%1.0%-1.6%
5Y0.3%1.0%-0.7%
10Y0.3%1.2%-0.9%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Eversafe to the Auto Parts industry mean.
  • 0.8% Return on Equity means Eversafe generated RM0.01 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Eversafe Rubber Bhd:

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -0.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.8%TTM-0.1%+0.9%
TTM-0.1%YOY-1.1%+1.0%
TTM-0.1%5Y0.4%-0.5%
5Y0.4%10Y0.4%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%2.4%-1.6%
TTM-0.1%2.2%-2.3%
YOY-1.1%2.1%-3.2%
5Y0.4%1.8%-1.4%
10Y0.4%2.3%-1.9%

1.2. Operating Efficiency of Eversafe Rubber Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Eversafe is operating .

  • Measures how much profit Eversafe 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 Eversafe to the Auto Parts 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 Eversafe Rubber Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.1%-0.1%
TTM0.1%YOY0.4%-0.3%
TTM0.1%5Y1.9%-1.8%
5Y1.9%10Y1.9%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM0.1%3.6%-3.5%
YOY0.4%4.6%-4.2%
5Y1.9%4.9%-3.0%
10Y1.9%4.8%-2.9%
1.2.2. Operating Ratio

Measures how efficient Eversafe is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.83 means that the operating costs are RM1.83 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Eversafe Rubber Bhd:

  • The MRQ is 1.825. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.855. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.825TTM1.855-0.030
TTM1.855YOY1.892-0.037
TTM1.8555Y1.825+0.030
5Y1.82510Y1.8250.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8251.618+0.207
TTM1.8551.616+0.239
YOY1.8921.621+0.271
5Y1.8251.568+0.257
10Y1.8251.278+0.547

1.3. Liquidity of Eversafe Rubber Bhd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 2.19 means the company has RM2.19 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Eversafe Rubber Bhd:

  • The MRQ is 2.187. The company is able to pay all its short-term debts. +1
  • The TTM is 2.060. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.187TTM2.060+0.127
TTM2.060YOY2.309-0.249
TTM2.0605Y2.052+0.008
5Y2.05210Y2.0520.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1871.649+0.538
TTM2.0601.646+0.414
YOY2.3091.604+0.705
5Y2.0521.579+0.473
10Y2.0521.351+0.701
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Eversafe to the Auto Parts industry mean.
  • A Quick Ratio of 1.05 means the company can pay off RM1.05 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Eversafe Rubber Bhd:

  • The MRQ is 1.047. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.464. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.047TTM1.464-0.417
TTM1.464YOY1.607-0.143
TTM1.4645Y1.432+0.032
5Y1.43210Y1.4320.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0470.698+0.349
TTM1.4640.714+0.750
YOY1.6070.742+0.865
5Y1.4320.752+0.680
10Y1.4320.782+0.650

1.4. Solvency of Eversafe Rubber Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Eversafe to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.49 means that Eversafe assets are financed with 49.3% credit (debt) and the remaining percentage (100% - 49.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Eversafe Rubber Bhd:

  • The MRQ is 0.493. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.522. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.493TTM0.522-0.030
TTM0.522YOY0.486+0.036
TTM0.5225Y0.457+0.065
5Y0.45710Y0.4570.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4930.497-0.004
TTM0.5220.497+0.025
YOY0.4860.497-0.011
5Y0.4570.497-0.040
10Y0.4570.487-0.030
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Eversafe to the Auto Parts industry mean.
  • A Debt to Equity ratio of 97.2% means that company has RM0.97 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Eversafe Rubber Bhd:

  • The MRQ is 0.972. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.098. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.972TTM1.098-0.126
TTM1.098YOY0.954+0.143
TTM1.0985Y0.856+0.242
5Y0.85610Y0.8560.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9721.014-0.042
TTM1.0981.017+0.081
YOY0.9541.031-0.077
5Y0.8561.040-0.184
10Y0.8561.047-0.191

2. Market Valuation of Eversafe Rubber 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 Eversafe generates.

  • Above 15 is considered overpriced but always compare Eversafe to the Auto Parts industry mean.
  • A PE ratio of 25.88 means the investor is paying RM25.88 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Eversafe Rubber Bhd:

  • The EOD is 24.646. Based on the earnings, the company is fair priced.
  • The MRQ is 25.879. Based on the earnings, the company is overpriced. -1
  • The TTM is 10.062. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD24.646MRQ25.879-1.232
MRQ25.879TTM10.062+15.817
TTM10.062YOY-793.877+803.939
TTM10.0625Y-41.005+51.067
5Y-41.00510Y-41.0050.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD24.64612.519+12.127
MRQ25.87911.721+14.158
TTM10.06212.530-2.468
YOY-793.87715.239-809.116
5Y-41.00516.864-57.869
10Y-41.00521.191-62.196
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 1.837. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.929. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 16.316. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.837MRQ1.929-0.092
MRQ1.929TTM16.316-14.387
TTM16.316YOY-8.011+24.327
TTM16.3165Y2.311+14.005
5Y2.31110Y2.3110.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.8375.310-3.473
MRQ1.9294.924-2.995
TTM16.3163.607+12.709
YOY-8.0111.026-9.037
5Y2.3112.264+0.047
10Y2.3112.514-0.203
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.82 means the investor is paying RM0.82 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Eversafe Rubber Bhd:

  • The EOD is 0.783. Based on the equity, the company is cheap. +2
  • The MRQ is 0.822. Based on the equity, the company is cheap. +2
  • The TTM is 0.773. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.783MRQ0.822-0.039
MRQ0.822TTM0.773+0.048
TTM0.773YOY0.838-0.064
TTM0.7735Y0.832-0.058
5Y0.83210Y0.8320.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.7831.521-0.738
MRQ0.8221.481-0.659
TTM0.7731.516-0.743
YOY0.8381.624-0.786
5Y0.8321.700-0.868
10Y0.8322.242-1.410
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Eversafe Rubber 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--0.0020.000+103%-0.005+311%0.013-84%0.013-84%
Book Value Per Share--0.2560.251+2%0.264-3%0.260-2%0.260-2%
Current Ratio--2.1872.060+6%2.309-5%2.052+7%2.052+7%
Debt To Asset Ratio--0.4930.522-6%0.486+1%0.457+8%0.457+8%
Debt To Equity Ratio--0.9721.098-12%0.954+2%0.856+14%0.856+14%
Dividend Per Share---0.002-100%0.002-100%0.001-100%0.001-100%
Eps--0.0020.000+397%-0.003+250%0.001+53%0.001+53%
Free Cash Flow Per Share--0.0270.008+232%-0.005+120%0.004+555%0.004+555%
Free Cash Flow To Equity Per Share--0.0270.009+207%0.020+39%0.013+113%0.013+113%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1.059--------
Intrinsic Value_10Y_min--0.882--------
Intrinsic Value_1Y_max--0.023--------
Intrinsic Value_1Y_min--0.023--------
Intrinsic Value_3Y_max--0.133--------
Intrinsic Value_3Y_min--0.126--------
Intrinsic Value_5Y_max--0.319--------
Intrinsic Value_5Y_min--0.291--------
Market Cap48118800.000-5%50524740.00046615087.500+8%53231422.500-5%52261454.211-3%52261454.211-3%
Net Profit Margin--0.0160.000+5725%-0.022+234%0.010+61%0.010+61%
Operating Margin---0.001-100%0.004-100%0.019-100%0.019-100%
Operating Ratio--1.8251.855-2%1.892-4%1.825+0%1.825+0%
Pb Ratio0.783-5%0.8220.773+6%0.838-2%0.832-1%0.832-1%
Pe Ratio24.646-5%25.87910.062+157%-793.877+3168%-41.005+258%-41.005+258%
Price Per Share0.200-5%0.2100.194+8%0.221-5%0.217-3%0.217-3%
Price To Free Cash Flow Ratio1.837-5%1.92916.316-88%-8.011+515%2.311-17%2.311-17%
Price To Total Gains Ratio92.801-5%97.44134.148+185%-8.197+108%-73.480+175%-73.480+175%
Quick Ratio--1.0471.464-28%1.607-35%1.432-27%1.432-27%
Return On Assets--0.0040.000+105%-0.006+247%0.003+45%0.003+45%
Return On Equity--0.008-0.001+114%-0.011+244%0.004+83%0.004+83%
Total Gains Per Share--0.0020.002+12%-0.003+218%0.015-85%0.015-85%
Usd Book Value--12999614.70412743610.783+2%13413507.048-3%13250276.179-2%13250276.179-2%
Usd Book Value Change Per Share--0.0000.000+103%-0.001+311%0.003-84%0.003-84%
Usd Book Value Per Share--0.0540.053+2%0.056-3%0.055-2%0.055-2%
Usd Dividend Per Share---0.000-100%0.000-100%0.000-100%0.000-100%
Usd Eps--0.0000.000+397%-0.001+250%0.000+53%0.000+53%
Usd Free Cash Flow--1384364.316417455.174+232%-276088.136+120%211186.074+556%211186.074+556%
Usd Free Cash Flow Per Share--0.0060.002+232%-0.001+120%0.001+555%0.001+555%
Usd Free Cash Flow To Equity Per Share--0.0060.002+207%0.004+39%0.003+113%0.003+113%
Usd Market Cap10172314.320-5%10680930.0369854429.498+8%11253122.717-5%11048071.420-3%11048071.420-3%
Usd Price Per Share0.042-5%0.0440.041+8%0.047-5%0.046-3%0.046-3%
Usd Profit--103182.649-11341.504+111%-154885.381+250%60872.474+70%60872.474+70%
Usd Revenue--6298539.1206708331.043-6%7291758.366-14%6365035.368-1%6365035.368-1%
Usd Total Gains Per Share--0.0000.000+12%-0.001+218%0.003-85%0.003-85%
 EOD+4 -4MRQTTM+27 -8YOY+19 -165Y+16 -1910Y+16 -19

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.646
Price to Book Ratio (EOD)Between0-10.783
Net Profit Margin (MRQ)Greater than00.016
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.047
Current Ratio (MRQ)Greater than12.187
Debt to Asset Ratio (MRQ)Less than10.493
Debt to Equity Ratio (MRQ)Less than10.972
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.004
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.627
Ma 20Greater thanMa 500.213
Ma 50Greater thanMa 1000.219
Ma 100Greater thanMa 2000.220
OpenGreater thanClose0.200
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets121,238
Total Liabilities59,745
Total Stockholder Equity61,493
 As reported
Total Liabilities 59,745
Total Stockholder Equity+ 61,493
Total Assets = 121,238

Assets

Total Assets121,238
Total Current Assets82,137
Long-term Assets39,101
Total Current Assets
Cash And Cash Equivalents 14,580
Short-term Investments 7,861
Net Receivables 31,476
Inventory 19,825
Total Current Assets  (as reported)82,137
Total Current Assets  (calculated)73,742
+/- 8,395
Long-term Assets
Property Plant Equipment 33,541
Long-term Assets  (as reported)39,101
Long-term Assets  (calculated)33,541
+/- 5,560

Liabilities & Shareholders' Equity

Total Current Liabilities37,554
Long-term Liabilities22,191
Total Stockholder Equity61,493
Total Current Liabilities
Short Long Term Debt 25,677
Accounts payable 2,967
Total Current Liabilities  (as reported)37,554
Total Current Liabilities  (calculated)28,644
+/- 8,909
Long-term Liabilities
Long term Debt 16,617
Capital Lease Obligations Min Short Term Debt1,698
Long-term Liabilities  (as reported)22,191
Long-term Liabilities  (calculated)18,315
+/- 3,876
Total Stockholder Equity
Retained Earnings 33,802
Total Stockholder Equity (as reported)61,493
Total Stockholder Equity (calculated)33,802
+/- 27,691
Other
Capital Stock65,428
Common Stock Shares Outstanding 240,594
Net Debt 27,714
Net Invested Capital 103,787
Net Working Capital 44,583



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 
103,150
105,202
105,272
107,702
111,436
108,796
111,872
108,836
111,139
117,549
114,247
114,620
125,238
130,978
124,740
130,858
128,401
124,985
121,238
121,238124,985128,401130,858124,740130,978125,238114,620114,247117,549111,139108,836111,872108,796111,436107,702105,272105,202103,150
   > Total Current Assets 
58,934
61,959
63,314
62,934
67,059
66,152
69,785
64,207
67,710
75,356
73,564
74,386
83,630
90,745
86,159
91,811
90,129
87,374
82,137
82,13787,37490,12991,81186,15990,74583,63074,38673,56475,35667,71064,20769,78566,15267,05962,93463,31461,95958,934
       Cash And Cash Equivalents 
16,520
16,705
18,606
15,449
14,516
14,505
22,703
14,850
20,289
20,534
21,236
18,124
25,386
29,865
23,688
20,926
16,629
14,269
14,580
14,58014,26916,62920,92623,68829,86525,38618,12421,23620,53420,28914,85022,70314,50514,51615,44918,60616,70516,520
       Short-term Investments 
0
0
0
0
0
0
0
9,080
0
0
0
0
0
0
0
7,832
7,842
5,861
7,861
7,8615,8617,8427,83200000009,0800000000
       Net Receivables 
24,663
25,969
26,824
22,496
29,055
27,539
28,292
20,893
22,939
27,982
29,335
29,064
33,263
36,263
37,168
40,541
34,641
44,086
31,476
31,47644,08634,64140,54137,16836,26333,26329,06429,33527,98222,93920,89328,29227,53929,05522,49626,82425,96924,663
       Inventory 
17,235
18,612
17,569
18,419
19,346
19,978
18,736
20,923
24,310
26,762
22,743
26,529
24,215
23,745
25,302
22,517
22,026
23,158
19,825
19,82523,15822,02622,51725,30223,74524,21526,52922,74326,76224,31020,92318,73619,97819,34618,41917,56918,61217,235
   > Long-term Assets 
44,216
43,243
41,958
44,769
44,377
42,643
42,086
44,629
43,429
42,193
40,682
40,234
41,608
40,233
38,581
39,428
38,273
37,611
39,101
39,10137,61138,27339,42838,58140,23341,60840,23440,68242,19343,42944,62942,08642,64344,37744,76941,95843,24344,216
       Property Plant Equipment 
42,632
41,764
40,668
43,599
43,002
41,581
41,080
42,778
41,705
40,587
39,112
37,948
36,669
35,401
34,211
33,996
32,891
32,337
33,541
33,54132,33732,89133,99634,21135,40136,66937,94839,11240,58741,70542,77841,08041,58143,00243,59940,66841,76442,632
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,349
2,314
0
2,066
0
02,06602,3141,34900000000000000
> Total Liabilities 
43,799
44,923
43,360
45,986
47,836
44,994
45,633
46,371
46,454
51,570
48,309
49,565
61,221
67,808
63,180
71,752
68,848
64,011
59,745
59,74564,01168,84871,75263,18067,80861,22149,56548,30951,57046,45446,37145,63344,99447,83645,98643,36044,92343,799
   > Total Current Liabilities 
29,788
32,472
31,390
33,268
34,550
32,687
34,111
33,513
34,380
40,140
37,847
39,550
32,147
39,447
35,128
47,874
44,870
41,097
37,554
37,55441,09744,87047,87435,12839,44732,14739,55037,84740,14034,38033,51334,11132,68734,55033,26831,39032,47229,788
       Short-term Debt 
22,234
24,019
22,404
20,855
22,041
21,922
24,891
20,943
22,617
26,563
27,191
25,319
16,263
27,644
25,864
30,819
26,011
23,425
0
023,42526,01130,81925,86427,64416,26325,31927,19126,56322,61720,94324,89121,92222,04120,85522,40424,01922,234
       Short Long Term Debt 
22,234
24,019
22,404
22,096
23,214
23,208
25,989
22,350
24,012
27,936
28,595
26,721
17,864
29,158
27,313
35,305
30,498
27,899
25,677
25,67727,89930,49835,30527,31329,15817,86426,72128,59527,93624,01222,35025,98923,20823,21422,09622,40424,01922,234
       Accounts payable 
6,445
7,517
8,350
6,165
9,022
7,183
5,839
5,281
8,084
9,791
6,826
6,324
11,726
7,930
6,048
11,084
4,739
3,751
2,967
2,9673,7514,73911,0846,0487,93011,7266,3246,8269,7918,0845,2815,8397,1839,0226,1658,3507,5176,445
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
29
0
0
29
29
0
8,413
0
08,41302929002900000000000
   > Long-term Liabilities 
14,011
12,452
11,970
12,718
13,286
12,307
11,522
12,859
12,073
11,430
10,462
10,014
29,074
28,361
28,051
24,331
23,978
22,913
22,191
22,19122,91323,97824,33128,05128,36129,07410,01410,46211,43012,07312,85911,52212,30713,28612,71811,97012,45214,011
       Long term Debt Total 
10,047
8,501
8,045
9,694
0
0
7,372
8,377
7,529
6,833
5,832
5,046
24,114
23,416
23,130
19,548
19,061
17,966
0
017,96619,06119,54823,13023,41624,1145,0465,8326,8337,5298,3777,372009,6948,0458,50110,047
       Capital Lease Obligations 
5,573
5,331
4,955
6,598
7,839
7,257
6,612
6,178
5,716
5,466
4,853
4,492
4,135
3,528
2,941
2,347
1,849
1,738
1,698
1,6981,7381,8492,3472,9413,5284,1354,4924,8535,4665,7166,1786,6127,2577,8396,5984,9555,3315,573
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,922
4,741
0
4,948
0
04,94804,7414,92200000000000000
> Total Stockholder Equity
59,351
60,278
61,911
61,716
63,600
63,801
66,239
62,465
64,685
65,979
65,937
65,055
64,018
63,170
61,561
59,107
59,554
60,974
61,493
61,49360,97459,55459,10761,56163,17064,01865,05565,93765,97964,68562,46566,23963,80163,60061,71661,91160,27859,351
   Common Stock
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
65,428
0
065,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,42865,428
   Retained Earnings 
-6,078
-5,150
-3,517
-3,712
-1,828
-1,627
810
-2,964
-743
551
509
-373
-1,411
-2,258
34,016
31,668
-5,875
33,313
33,802
33,80233,313-5,87531,66834,016-2,258-1,411-373509551-743-2,964810-1,627-1,828-3,712-3,517-5,150-6,078
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 0-37,7670-37,971-37,88400000000000000



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 (+$)
totalRevenue126,932
Cost of Revenue-112,377
Gross Profit14,55414,554
 
Operating Income (+$)
Gross Profit14,554
Operating Expense-123,431
Operating Income3,501-108,876
 
Operating Expense (+$)
Research Development-
Selling General Administrative14,251
Selling And Marketing Expenses-
Operating Expense123,43114,251
 
Net Interest Income (+$)
Interest Income241
Interest Expense-2,579
Other Finance Cost-23
Net Interest Income-2,315
 
Pretax Income (+$)
Operating Income3,501
Net Interest Income-2,315
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2493,501
EBIT - interestExpense = -2,579
-215
2,364
Interest Expense2,579
Earnings Before Interest and Taxes (EBIT)-2,828
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax249
Tax Provision-464
Net Income From Continuing Ops-215-215
Net Income-215
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-2,315
 

Technical Analysis of Eversafe
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 Eversafe. The general trend of Eversafe is BEARISH with 57.1% 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 Eversafe'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 (-57.1%) Bearish trend (57.1%)
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 Eversafe Rubber 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: 0.225 < 0.225 < 0.225.

The bearish price targets are: 0.2 > 0.2 > 0.2.

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Eversafe Rubber 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 Eversafe Rubber Bhd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

Eversafe Rubber 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 Eversafe Rubber Bhd. The current macd is -0.00386766.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Eversafe price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Eversafe. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Eversafe price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Eversafe Rubber Bhd Daily Moving Average Convergence/Divergence (MACD) ChartEversafe Rubber 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 Eversafe Rubber Bhd. The current adx is 30.50.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Eversafe shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Eversafe Rubber 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 Eversafe Rubber Bhd. The current sar is 0.22214606.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Eversafe Rubber 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 Eversafe Rubber Bhd. The current rsi is 41.63. 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
Eversafe Rubber Bhd Daily Relative Strength Index (RSI) ChartEversafe Rubber 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 Eversafe Rubber Bhd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Eversafe price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Eversafe Rubber Bhd Daily Stochastic Oscillator ChartEversafe Rubber 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 Eversafe Rubber Bhd. The current cci is -145.22584334.

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

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Eversafe Rubber Bhd Daily Commodity Channel Index (CCI) ChartEversafe Rubber 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 Eversafe Rubber Bhd. The current cmo is -20.38101501.

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
Eversafe Rubber Bhd Daily Chande Momentum Oscillator (CMO) ChartEversafe Rubber 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 Eversafe Rubber Bhd. The current willr is -100.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Eversafe Rubber Bhd Daily Williams %R ChartEversafe Rubber 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 Eversafe Rubber Bhd.

Eversafe Rubber 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 Eversafe Rubber Bhd. The current atr is 0.01022674.

Eversafe Rubber Bhd Daily Average True Range (ATR) ChartEversafe Rubber 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 Eversafe Rubber Bhd. The current obv is 5,198,400.

Eversafe Rubber Bhd Daily On-Balance Volume (OBV) ChartEversafe Rubber 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 Eversafe Rubber Bhd. The current mfi is 28.36.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Eversafe Rubber Bhd Daily Money Flow Index (MFI) ChartEversafe Rubber Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Eversafe Rubber 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 SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-03MACD 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).
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-20DMI 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).
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-22MACD 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.
STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
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.
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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).
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-19DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH 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).
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16DMI 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).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23STOCH 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
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07CCI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19CMO 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).
2024-02-20STOCH 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).
2024-02-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12MACD 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).
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14MACD 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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).
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20STOCH 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
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH 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).
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Eversafe Rubber Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.627
Ma 20Greater thanMa 500.213
Ma 50Greater thanMa 1000.219
Ma 100Greater thanMa 2000.220
OpenGreater thanClose0.200
Total1/5 (20.0%)
Penke

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