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Zhejiang Tengy Envi Tech Co
Buy, Hold or Sell?

Let's analyse Tengy together

PenkeI guess you are interested in Zhejiang Tengy Envi Tech Co. 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 Zhejiang Tengy Envi Tech Co. 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 Tengy (30 sec.)










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

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
30.0%

What is your share worth?

Current worth
HK$6.69
Expected worth in 1 year
HK$8.41
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
HK$1.72
Return On Investment
191.0%

For what price can you sell your share?

Current Price per Share
HK$0.90
Expected price per share
HK$0.86 - HK$0.9
How sure are you?
50%

1. Valuation of Tengy (5 min.)




Live pricePrice per Share (EOD)

HK$0.90

Intrinsic Value Per Share

HK$4.65 - HK$9.74

Total Value Per Share

HK$11.34 - HK$16.43

2. Growth of Tengy (5 min.)




Is Tengy growing?

Current yearPrevious yearGrowGrow %
How rich?$115.3m$107.9m$7.4m6.4%

How much money is Tengy making?

Current yearPrevious yearGrowGrow %
Making money$7.4m$2.8m$4.5m61.5%
Net Profit Margin11.3%2.7%--

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

3. Financial Health of Tengy (5 min.)




4. Comparing to competitors in the Pollution & Treatment Controls industry (5 min.)




  Industry Rankings (Pollution & Treatment Controls)  


Richest
#27 / 85

Most Revenue
#22 / 85

Most Profit
#16 / 85

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

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

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

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

Speculation

The Price per Share of Tengy is HK$0.9. 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 Tengy.
  • 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 Tengy, 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 HK$6.69. Based on the TTM, the Book Value Change Per Share is HK$0.43 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.17 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 HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tengy.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.056.1%0.056.1%0.022.3%0.033.3%0.056.0%
Usd Book Value Change Per Share0.056.1%0.056.1%0.022.3%0.033.3%0.077.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.011.1%
Usd Total Gains Per Share0.056.1%0.056.1%0.022.3%0.033.3%0.088.4%
Usd Price Per Share0.19-0.19-0.11-0.27-0.39-
Price to Earnings Ratio3.44-3.44-5.33-12.71-8.91-
Price-to-Total Gains Ratio3.44-3.44-5.33-12.71-6.99-
Price to Book Ratio0.22-0.22-0.14-0.35-0.54-
Price-to-Total Gains Ratio3.44-3.44-5.33-12.71-6.99-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.11502
Number of shares8694
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.050.03
Usd Total Gains Per Share0.050.03
Gains per Quarter (8694 shares)477.41256.91
Gains per Year (8694 shares)1,909.631,027.62
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1019101900010281018
2038193810020552046
3057295720030833074
4076397630041104102
5095489540051385130
601145811450061666158
701336713360071937186
801527715270082218214
901718717180092499242
100190961909001027610270

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.01.090.9%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%10.01.00.090.9%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%3.00.07.030.0%4.00.07.036.4%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%10.01.00.090.9%

Fundamentals of Tengy

About Zhejiang Tengy Envi Tech Co

Zhejiang Tengy Environmental Technology Co., Ltd, together with its subsidiaries, designs, develops, manufactures, installs, and sells environmental pollution prevention equipment and electronic products in Mainland China and internationally. The company offers electrostatic, bag electrostatic-bag composite, and SO2 and NOx emission reduction precipitators. Its precipitators are installed at coal-fired power plants, metallurgical plants, paper mills, and other industrial production plants. The company also offers installation services. Its customers include project owners of power plants and industrial production plants, or contractors who undertake the construction work of power plants and industrial production plants. Zhejiang Tengy Environmental Technology Co., Ltd was incorporated in 2009 and is headquartered in Zhuji, China.

Fundamental data was last updated by Penke on 2024-03-25 09:00:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Zhejiang Tengy Envi Tech Co.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tengy earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Tengy to the Pollution & Treatment Controls industry mean.
  • A Net Profit Margin of 11.3% means that $0.11 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 11.3%. The company is making a huge profit. +2
  • The TTM is 11.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.3%TTM11.3%0.0%
TTM11.3%YOY2.7%+8.6%
TTM11.3%5Y4.6%+6.7%
5Y4.6%10Y6.9%-2.3%
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ11.3%1.1%+10.2%
TTM11.3%1.0%+10.3%
YOY2.7%2.4%+0.3%
5Y4.6%1.1%+3.5%
10Y6.9%0.2%+6.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Tengy to the Pollution & Treatment Controls industry mean.
  • 3.5% Return on Assets means that Tengy generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 3.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.5%0.0%
TTM3.5%YOY1.3%+2.2%
TTM3.5%5Y1.9%+1.6%
5Y1.9%10Y3.9%-2.0%
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%0.1%+3.4%
TTM3.5%0.4%+3.1%
YOY1.3%0.6%+0.7%
5Y1.9%-+1.9%
10Y3.9%0.4%+3.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Tengy to the Pollution & Treatment Controls industry mean.
  • 6.4% Return on Equity means Tengy generated $0.06 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 6.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.4%TTM6.4%0.0%
TTM6.4%YOY2.6%+3.8%
TTM6.4%5Y3.7%+2.7%
5Y3.7%10Y11.1%-7.4%
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%0.4%+6.0%
TTM6.4%1.0%+5.4%
YOY2.6%1.7%+0.9%
5Y3.7%1.1%+2.6%
10Y11.1%1.3%+9.8%

1.2. Operating Efficiency of Zhejiang Tengy Envi Tech Co.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tengy is operating .

  • Measures how much profit Tengy makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Tengy to the Pollution & Treatment Controls industry mean.
  • An Operating Margin of -2.6% means the company generated $-0.03  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is -2.6%. The company is operating very inefficient. -2
  • The TTM is -2.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2.6%TTM-2.6%0.0%
TTM-2.6%YOY3.4%-6.0%
TTM-2.6%5Y2.8%-5.4%
5Y2.8%10Y8.1%-5.2%
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.6%2.4%-5.0%
TTM-2.6%1.7%-4.3%
YOY3.4%3.2%+0.2%
5Y2.8%2.2%+0.6%
10Y8.1%1.8%+6.3%
1.2.2. Operating Ratio

Measures how efficient Tengy is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Pollution & Treatment Controls industry mean).
  • An Operation Ratio of 1.87 means that the operating costs are $1.87 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 1.875. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.875. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.875TTM1.8750.000
TTM1.875YOY1.820+0.055
TTM1.8755Y1.476+0.399
5Y1.47610Y1.257+0.218
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8751.563+0.312
TTM1.8751.554+0.321
YOY1.8201.601+0.219
5Y1.4761.497-0.021
10Y1.2571.396-0.139

1.3. Liquidity of Zhejiang Tengy Envi Tech Co.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Pollution & Treatment Controls industry mean).
  • A Current Ratio of 1.91 means the company has $1.91 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 1.909. The company is able to pay all its short-term debts. +1
  • The TTM is 1.909. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.909TTM1.9090.000
TTM1.909YOY1.565+0.345
TTM1.9095Y1.714+0.195
5Y1.71410Y1.572+0.143
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9091.616+0.293
TTM1.9091.616+0.293
YOY1.5651.835-0.270
5Y1.7141.902-0.188
10Y1.5721.793-0.221
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Tengy to the Pollution & Treatment Controls industry mean.
  • A Quick Ratio of 1.20 means the company can pay off $1.20 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 1.201. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.201. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.201TTM1.2010.000
TTM1.201YOY0.863+0.337
TTM1.2015Y1.183+0.017
5Y1.18310Y1.105+0.078
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2010.854+0.347
TTM1.2010.843+0.358
YOY0.8630.915-0.052
5Y1.1830.933+0.250
10Y1.1050.947+0.158

1.4. Solvency of Zhejiang Tengy Envi Tech Co.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Tengy to Pollution & Treatment Controls industry mean.
  • A Debt to Asset Ratio of 0.46 means that Tengy assets are financed with 45.7% credit (debt) and the remaining percentage (100% - 45.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 0.457. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.457. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.457TTM0.4570.000
TTM0.457YOY0.509-0.052
TTM0.4575Y0.501-0.045
5Y0.50110Y0.572-0.071
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4570.497-0.040
TTM0.4570.459-0.002
YOY0.5090.430+0.079
5Y0.5010.457+0.044
10Y0.5720.461+0.111
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Tengy to the Pollution & Treatment Controls industry mean.
  • A Debt to Equity ratio of 84.1% means that company has $0.84 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The MRQ is 0.841. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.841. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.841TTM0.8410.000
TTM0.841YOY1.035-0.194
TTM0.8415Y1.010-0.169
5Y1.01010Y1.527-0.517
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8410.869-0.028
TTM0.8410.820+0.021
YOY1.0350.708+0.327
5Y1.0100.820+0.190
10Y1.5270.856+0.671

2. Market Valuation of Zhejiang Tengy Envi Tech Co

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Tengy generates.

  • Above 15 is considered overpriced but always compare Tengy to the Pollution & Treatment Controls industry mean.
  • A PE ratio of 3.44 means the investor is paying $3.44 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The EOD is 2.095. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.444. Based on the earnings, the company is cheap. +2
  • The TTM is 3.444. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.095MRQ3.444-1.350
MRQ3.444TTM3.4440.000
TTM3.444YOY5.326-1.882
TTM3.4445Y12.712-9.268
5Y12.71210Y8.911+3.801
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
EOD2.0951.044+1.051
MRQ3.4441.646+1.798
TTM3.4440.692+2.752
YOY5.3268.407-3.081
5Y12.7126.656+6.056
10Y8.9119.441-0.530
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The EOD is 1.820. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.994. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.994. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.820MRQ2.994-1.173
MRQ2.994TTM2.9940.000
TTM2.994YOY-3.345+6.339
TTM2.9945Y6.729-3.735
5Y6.72910Y21.209-14.480
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
EOD1.820-2.906+4.726
MRQ2.994-3.216+6.210
TTM2.994-2.683+5.677
YOY-3.345-2.887-0.458
5Y6.729-2.967+9.696
10Y21.209-5.057+26.266
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Pollution & Treatment Controls industry mean).
  • A PB ratio of 0.22 means the investor is paying $0.22 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Zhejiang Tengy Envi Tech Co:

  • The EOD is 0.135. Based on the equity, the company is cheap. +2
  • The MRQ is 0.221. Based on the equity, the company is cheap. +2
  • The TTM is 0.221. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.135MRQ0.221-0.087
MRQ0.221TTM0.2210.000
TTM0.221YOY0.141+0.081
TTM0.2215Y0.352-0.131
5Y0.35210Y0.541-0.189
Compared to industry (Pollution & Treatment Controls)
PeriodCompanyIndustry (mean)+/- 
EOD0.1351.903-1.768
MRQ0.2211.960-1.739
TTM0.2212.065-1.844
YOY0.1412.208-2.067
5Y0.3522.590-2.238
10Y0.5413.397-2.856
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Zhejiang Tengy Envi Tech Co 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--0.4300.4300%0.165+160%0.231+86%0.516-17%
Book Value Per Share--6.6876.6870%6.257+7%6.175+8%5.077+32%
Current Ratio--1.9091.9090%1.565+22%1.714+11%1.572+21%
Debt To Asset Ratio--0.4570.4570%0.509-10%0.501-9%0.572-20%
Debt To Equity Ratio--0.8410.8410%1.035-19%1.010-17%1.527-45%
Dividend Per Share----0%-0%-0%0.078-100%
Eps--0.4300.4300%0.165+160%0.231+86%0.424+1%
Free Cash Flow Per Share--0.4940.4940%-0.263+153%0.143+247%-0.065+113%
Free Cash Flow To Equity Per Share--0.0820.0820%-0.263+422%0.054+50%0.058+41%
Gross Profit Margin--1.0001.0000%1.0000%0.121+727%0.472+112%
Intrinsic Value_10Y_max--9.741--------
Intrinsic Value_10Y_min--4.651--------
Intrinsic Value_1Y_max--0.542--------
Intrinsic Value_1Y_min--0.226--------
Intrinsic Value_3Y_max--1.960--------
Intrinsic Value_3Y_min--0.892--------
Intrinsic Value_5Y_max--3.776--------
Intrinsic Value_5Y_min--1.784--------
Market Cap121500000.000-64%199800000.000199800000.0000%118800000.000+68%287550000.000-31%408105000.000-51%
Net Profit Margin--0.1130.1130%0.027+320%0.046+145%0.069+64%
Operating Margin---0.026-0.0260%0.034-175%0.028-191%0.081-132%
Operating Ratio--1.8751.8750%1.820+3%1.476+27%1.257+49%
Pb Ratio0.135-64%0.2210.2210%0.141+57%0.352-37%0.541-59%
Pe Ratio2.095-64%3.4443.4440%5.326-35%12.712-73%8.911-61%
Price Per Share0.900-64%1.4801.4800%0.880+68%2.130-31%3.023-51%
Price To Free Cash Flow Ratio1.820-64%2.9942.9940%-3.345+212%6.729-56%21.209-86%
Price To Total Gains Ratio2.095-64%3.4443.4440%5.326-35%12.712-73%6.987-51%
Quick Ratio--1.2011.2010%0.863+39%1.183+1%1.105+9%
Return On Assets--0.0350.0350%0.013+169%0.019+87%0.039-10%
Return On Equity--0.0640.0640%0.026+143%0.037+73%0.111-42%
Total Gains Per Share--0.4300.4300%0.165+160%0.231+86%0.594-28%
Usd Book Value--115366407.536115366407.5360%107953244.506+7%106528888.309+8%87601073.014+32%
Usd Book Value Change Per Share--0.0550.0550%0.021+160%0.030+86%0.066-17%
Usd Book Value Per Share--0.8550.8550%0.800+7%0.789+8%0.649+32%
Usd Dividend Per Share----0%-0%-0%0.010-100%
Usd Eps--0.0550.0550%0.021+160%0.030+86%0.054+1%
Usd Free Cash Flow--8529459.1218529459.1210%-4538617.619+153%2460940.561+247%-1117112.016+113%
Usd Free Cash Flow Per Share--0.0630.0630%-0.034+153%0.018+247%-0.008+113%
Usd Free Cash Flow To Equity Per Share--0.0100.0100%-0.034+422%0.007+50%0.007+41%
Usd Market Cap15527700.000-64%25534440.00025534440.0000%15182640.000+68%36748890.000-31%52155819.000-51%
Usd Price Per Share0.115-64%0.1890.1890%0.112+68%0.272-31%0.386-51%
Usd Profit--7413163.0307413163.0300%2850482.537+160%3989209.652+86%7424585.9800%
Usd Revenue--65339139.07165339139.0710%105539904.183-38%94818178.937-31%103910571.020-37%
Usd Total Gains Per Share--0.0550.0550%0.021+160%0.030+86%0.076-28%
 EOD+4 -4MRQTTM+0 -0YOY+26 -75Y+27 -710Y+20 -16

3.2. Fundamental Score

Let's check the fundamental score of Zhejiang Tengy Envi Tech Co based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.095
Price to Book Ratio (EOD)Between0-10.135
Net Profit Margin (MRQ)Greater than00.113
Operating Margin (MRQ)Greater than0-0.026
Quick Ratio (MRQ)Greater than11.201
Current Ratio (MRQ)Greater than11.909
Debt to Asset Ratio (MRQ)Less than10.457
Debt to Equity Ratio (MRQ)Less than10.841
Return on Equity (MRQ)Greater than0.150.064
Return on Assets (MRQ)Greater than0.050.035
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Zhejiang Tengy Envi Tech Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5090.503
Ma 20Greater thanMa 500.890
Ma 50Greater thanMa 1000.866
Ma 100Greater thanMa 2000.832
OpenGreater thanClose0.900
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
EBIT  55,266-2,53252,734-48,5314,20324,00728,210-41,324-13,114



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets1,535,726
Total Liabilities701,505
Total Stockholder Equity834,221
 As reported
Total Liabilities 701,505
Total Stockholder Equity+ 834,221
Total Assets = 1,535,726

Assets

Total Assets1,535,726
Total Current Assets1,339,429
Long-term Assets196,297
Total Current Assets
Cash And Cash Equivalents 241,041
Net Receivables 601,116
Inventory 291,288
Total Current Assets  (as reported)1,339,429
Total Current Assets  (calculated)1,133,445
+/- 205,984
Long-term Assets
Property Plant Equipment 27,963
Intangible Assets 592
Other Assets 44,051
Long-term Assets  (as reported)196,297
Long-term Assets  (calculated)72,606
+/- 123,691

Liabilities & Shareholders' Equity

Total Current Liabilities701,505
Long-term Liabilities0
Total Stockholder Equity834,221
Total Current Liabilities
Short-term Debt 55,000
Short Long Term Debt 55,000
Accounts payable 200,711
Total Current Liabilities  (as reported)701,505
Total Current Liabilities  (calculated)310,711
+/- 390,794
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock135,000
Retained Earnings 451,640
Capital Surplus 239,064
Total Stockholder Equity (as reported)834,221
Total Stockholder Equity (calculated)825,704
+/- 8,517
Other
Capital Stock135,000
Cash And Equivalents241,041
Cash and Short Term Investments 241,041
Common Stock Shares Outstanding 135,000
Liabilities and Stockholders Equity 1,535,726
Net Invested Capital 889,221
Net Working Capital 637,924
Property Plant and Equipment Gross 46,257



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
> Total Assets 
649,186
775,797
909,222
1,600,940
1,641,902
1,639,560
1,504,288
1,598,680
1,500,571
1,588,341
1,535,726
1,535,7261,588,3411,500,5711,598,6801,504,2881,639,5601,641,9021,600,940909,222775,797649,186
   > Total Current Assets 
0
687,568
780,195
1,493,936
1,544,994
1,478,208
1,342,396
1,432,406
1,248,007
1,263,918
1,339,429
1,339,4291,263,9181,248,0071,432,4061,342,3961,478,2081,544,9941,493,936780,195687,5680
       Cash And Cash Equivalents 
5,912
15,168
3,285
209,936
160,830
47,706
16,432
39,307
104,548
9,373
241,041
241,0419,373104,54839,30716,43247,706160,830209,9363,28515,1685,912
       Short-term Investments 
27,885
20,984
16,188
75,272
56,815
86,169
0
1,077
13,464
8,836
0
08,83613,4641,077086,16956,81575,27216,18820,98427,885
       Net Receivables 
476,077
589,170
697,009
482,968
843,129
853,806
935,000
1,023,838
885,494
670,197
601,116
601,116670,197885,4941,023,838935,000853,806843,129482,968697,009589,170476,077
       Other Current Assets 
25,076
18,438
30,836
200,418
73,286
105,757
64,703
44,126
31,329
32,095
0
032,09531,32944,12664,703105,75773,286200,41830,83618,43825,076
   > Long-term Assets 
0
0
0
0
96,908
161,352
161,892
166,274
252,564
324,423
196,297
196,297324,423252,564166,274161,892161,35296,9080000
       Property Plant Equipment 
24,713
28,997
41,511
42,878
47,401
86,906
126,630
77,495
72,320
81,160
27,963
27,96381,16072,32077,495126,63086,90647,40142,87841,51128,99724,713
       Intangible Assets 
103
90
79
195
275
45,390
43,213
43,085
1,046
890
592
5928901,04643,08543,21345,3902751957990103
       Long-term Assets Other 
0
0
0
0
96,908
161,352
161,892
166,274
0
0
0
000166,274161,892161,35296,9080000
> Total Liabilities 
458,446
559,224
668,460
989,649
917,617
949,570
783,062
843,165
740,567
807,725
701,505
701,505807,725740,567843,165783,062949,570917,617989,649668,460559,224458,446
   > Total Current Liabilities 
458,446
559,224
668,460
989,649
917,617
949,570
783,062
843,165
740,567
807,725
701,505
701,505807,725740,567843,165783,062949,570917,617989,649668,460559,224458,446
       Short-term Debt 
0
138,000
173,000
174,000
119,000
110,000
109,000
126,207
122,809
115,158
55,000
55,000115,158122,809126,207109,000110,000119,000174,000173,000138,0000
       Short Long Term Debt 
0
138,000
173,000
174,000
119,000
110,000
109,000
126,207
122,809
115,158
55,000
55,000115,158122,809126,207109,000110,000119,000174,000173,000138,0000
       Accounts payable 
179,338
232,371
240,003
433,090
462,353
419,709
369,371
366,417
265,819
327,716
200,711
200,711327,716265,819366,417369,371419,709462,353433,090240,003232,371179,338
       Other Current Liabilities 
156,108
188,853
255,457
379,643
501,978
419,861
304,691
343,176
351,627
348,681
0
0348,681351,627343,176304,691419,861501,978379,643255,457188,853156,108
   > Long-term Liabilities 00000000000
> Total Stockholder Equity
190,740
216,573
240,762
501,329
606,826
689,990
721,226
755,515
760,004
780,616
834,221
834,221780,616760,004755,515721,226689,990606,826501,329240,762216,573190,740
   Common Stock
100,000
100,000
100,000
135,000
135,000
135,000
135,000
135,000
135,000
135,000
135,000
135,000135,000135,000135,000135,000135,000135,000135,000100,000100,000100,000
   Retained Earnings 
89,402
114,388
118,491
204,293
305,696
274,554
301,763
331,842
335,963
398,399
451,640
451,640398,399335,963331,842301,763274,554305,696204,293118,491114,38889,402
   Capital Surplus 
0
0
0
239,064
239,064
239,064
239,064
239,064
239,064
239,064
239,064
239,064239,064239,064239,064239,064239,064239,064239,064000
   Treasury Stock00000000000
   Other Stockholders Equity 
0
2,185
4,056
4,862
5,408
6,006
6,861
7,256
7,256
8,153
0
08,1537,2567,2566,8616,0065,4084,8624,0562,1850



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue472,471
Cost of Revenue-405,032
Gross Profit67,43967,439
 
Operating Income (+$)
Gross Profit67,439
Operating Expense-480,835
Operating Income105,332-413,396
 
Operating Expense (+$)
Research Development0
Selling General Administrative79,113
Selling And Marketing Expenses0
Operating Expense480,83579,113
 
Net Interest Income (+$)
Interest Income29,562
Interest Expense-1,107
Other Finance Cost-35,826
Net Interest Income-7,371
 
Pretax Income (+$)
Operating Income105,332
Net Interest Income-7,371
Other Non-Operating Income Expenses0
Income Before Tax (EBT)75,770105,332
EBIT - interestExpense = -13,226
53,605
54,712
Interest Expense1,107
Earnings Before Interest and Taxes (EBIT)-12,11976,877
Earnings Before Interest and Taxes (EBITDA)91,158
 
After tax Income (+$)
Income Before Tax75,770
Tax Provision-22,165
Net Income From Continuing Ops53,60553,605
Net Income53,605
Net Income Applicable To Common Shares53,605
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses445
Total Other Income/Expenses Net07,371
 

Technical Analysis of Tengy
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 Tengy. The general trend of Tengy is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Tengy's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Zhejiang Tengy Envi Tech Co.

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: 0.9 < 0.9 < 0.9.

The bearish price targets are: 0.9 > 0.86 > 0.86.

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Zhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current mas is .

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

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

Directionalities and relatives.

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

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

Zhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current macd is 0.01106317.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Tengy price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Tengy. 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 Tengy 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
Zhejiang Tengy Envi Tech Co Daily Moving Average Convergence/Divergence (MACD) ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current adx is 75.41.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Tengy shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Zhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current sar is 0.86293803.

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
Zhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current rsi is 90.50. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Zhejiang Tengy Envi Tech Co Daily Relative Strength Index (RSI) ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Tengy price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Zhejiang Tengy Envi Tech Co Daily Stochastic Oscillator ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current cci is 59.59.

Zhejiang Tengy Envi Tech Co Daily Commodity Channel Index (CCI) ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current cmo is 92.93.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Zhejiang Tengy Envi Tech Co Daily Chande Momentum Oscillator (CMO) ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Zhejiang Tengy Envi Tech Co Daily Williams %R ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co.

Zhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current atr is 0.00160019.

Zhejiang Tengy Envi Tech Co Daily Average True Range (ATR) ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current obv is -122,200.

Zhejiang Tengy Envi Tech Co Daily On-Balance Volume (OBV) ChartZhejiang Tengy Envi Tech Co 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 Zhejiang Tengy Envi Tech Co. The current mfi is 100.00.

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

  • MFI > 50: +1
  • MFI > 80: +1
Zhejiang Tengy Envi Tech Co Daily Money Flow Index (MFI) ChartZhejiang Tengy Envi Tech Co Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Zhejiang Tengy Envi Tech Co.

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
2023-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17CMO 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).
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27DMI 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.
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).
2023-11-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-05DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to 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).
2024-02-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Zhejiang Tengy Envi Tech Co Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Zhejiang Tengy Envi Tech Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5090.503
Ma 20Greater thanMa 500.890
Ma 50Greater thanMa 1000.866
Ma 100Greater thanMa 2000.832
OpenGreater thanClose0.900
Total4/5 (80.0%)
Penke

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