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Shineroad International Holdings Ltd
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Let's analyse Shineroad together

PenkeI guess you are interested in Shineroad International Holdings Ltd. 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 Shineroad International Holdings Ltd. 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.

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Quick analysis of Shineroad (30 sec.)










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

How much money do you get?

How much money do you get?
HK$0.01
When do you have the money?
1 year
How often do you get paid?
87.5%

What is your share worth?

Current worth
HK$0.66
Expected worth in 1 year
HK$0.89
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
HK$0.30
Return On Investment
50.6%

For what price can you sell your share?

Current Price per Share
HK$0.59
Expected price per share
HK$0.57 - HK$0.6
How sure are you?
50%

1. Valuation of Shineroad (5 min.)




Live pricePrice per Share (EOD)

HK$0.59

Intrinsic Value Per Share

HK$0.56 - HK$1.80

Total Value Per Share

HK$1.22 - HK$2.47

2. Growth of Shineroad (5 min.)




Is Shineroad growing?

Current yearPrevious yearGrowGrow %
How rich?$57.6m$52.8m$4.8m8.3%

How much money is Shineroad making?

Current yearPrevious yearGrowGrow %
Making money$6m$10.9m-$4.9m-80.6%
Net Profit Margin6.5%10.0%--

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

3. Financial Health of Shineroad (5 min.)




4. Comparing to competitors in the Food Distribution industry (5 min.)




  Industry Rankings (Food Distribution)  


Richest
#43 / 73

Most Revenue
#39 / 73

Most Profit
#26 / 73

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

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

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

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

Speculation

The Price per Share of Shineroad is HK$0.59. 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 Shineroad.
  • 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 Shineroad, 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$0.66. Based on the TTM, the Book Value Change Per Share is HK$0.06 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.11 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$0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shineroad.

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 Eps0.011.5%0.011.5%0.022.7%0.011.4%0.011.3%
Usd Book Value Change Per Share0.011.2%0.011.2%0.012.4%0.012.0%0.011.8%
Usd Dividend Per Share0.000.4%0.000.4%0.000.3%0.000.3%0.000.6%
Usd Total Gains Per Share0.011.6%0.011.6%0.022.7%0.012.3%0.012.4%
Usd Price Per Share0.07-0.07-0.09-0.06-0.04-
Price to Earnings Ratio7.70-7.70-5.37-8.53-5.33-
Price-to-Total Gains Ratio7.23-7.23-5.44-5.77-5.77-
Price to Book Ratio0.81-0.81-1.12-0.99-0.62-
Price-to-Total Gains Ratio7.23-7.23-5.44-5.77-5.77-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.075402
Number of shares13262
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (13262 shares)126.51176.82
Gains per Year (13262 shares)506.04707.28
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
113137549694613697
2262750100218812271404
33931125150828218402111
45241500201437624532818
56551875252047030673525
67862250302656336804232
79172625353265742944939
810483000403875149075646
911793375454484555206353
1013103750505093961347060

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%8.00.00.0100.0%8.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.01.087.5%7.00.01.087.5%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%

Fundamentals of Shineroad

About Shineroad International Holdings Ltd

Shineroad International Holdings Limited, an investment holding company, distributes food ingredients, food additives, and packaging materials in the People's Republic of China and internationally. It serves food ingredients and additives processing companies, manufacturers, and trading companies. Shineroad International Holdings Limited was founded in 1996 and is headquartered in Shanghai, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-25 09:36:02.

Financial Health

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

Valuation

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

1.1. Profitability of Shineroad International Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Shineroad to the Food Distribution industry mean.
  • A Net Profit Margin of 6.5% means that $0.07 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shineroad International Holdings Ltd:

  • The MRQ is 6.5%. The company is making a profit. +1
  • The TTM is 6.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.5%TTM6.5%0.0%
TTM6.5%YOY10.0%-3.4%
TTM6.5%5Y6.5%+0.1%
5Y6.5%10Y6.3%+0.2%
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ6.5%0.8%+5.7%
TTM6.5%0.5%+6.0%
YOY10.0%1.0%+9.0%
5Y6.5%0.5%+6.0%
10Y6.3%1.2%+5.1%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Shineroad to the Food Distribution industry mean.
  • 8.6% Return on Assets means that Shineroad generated $0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shineroad International Holdings Ltd:

  • The MRQ is 8.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 8.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ8.6%TTM8.6%0.0%
TTM8.6%YOY16.1%-7.5%
TTM8.6%5Y9.9%-1.3%
5Y9.9%10Y11.8%-1.9%
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ8.6%0.5%+8.1%
TTM8.6%0.4%+8.2%
YOY16.1%0.6%+15.5%
5Y9.9%0.4%+9.5%
10Y11.8%0.6%+11.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Shineroad to the Food Distribution industry mean.
  • 10.6% Return on Equity means Shineroad generated $0.11 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shineroad International Holdings Ltd:

  • The MRQ is 10.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.6%TTM10.6%0.0%
TTM10.6%YOY20.8%-10.2%
TTM10.6%5Y12.4%-1.8%
5Y12.4%10Y19.2%-6.8%
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ10.6%1.5%+9.1%
TTM10.6%1.5%+9.1%
YOY20.8%1.4%+19.4%
5Y12.4%1.2%+11.2%
10Y19.2%2.1%+17.1%

1.2. Operating Efficiency of Shineroad International Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shineroad is operating .

  • Measures how much profit Shineroad 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 Shineroad to the Food Distribution industry mean.
  • An Operating Margin of 8.0% means the company generated $0.08  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shineroad International Holdings Ltd:

  • The MRQ is 8.0%. The company is operating less efficient.
  • The TTM is 8.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY9.7%-1.7%
TTM8.0%5Y7.7%+0.3%
5Y7.7%10Y8.1%-0.4%
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%1.7%+6.3%
TTM8.0%1.6%+6.4%
YOY9.7%1.5%+8.2%
5Y7.7%1.9%+5.8%
10Y8.1%1.9%+6.2%
1.2.2. Operating Ratio

Measures how efficient Shineroad is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Food Distribution industry mean).
  • An Operation Ratio of 1.75 means that the operating costs are $1.75 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Shineroad International Holdings Ltd:

  • The MRQ is 1.748. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.748. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.748TTM1.7480.000
TTM1.748YOY1.724+0.024
TTM1.7485Y1.419+0.330
5Y1.41910Y1.229+0.190
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7481.708+0.040
TTM1.7481.653+0.095
YOY1.7241.645+0.079
5Y1.4191.492-0.073
10Y1.2291.253-0.024

1.3. Liquidity of Shineroad International Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Food Distribution industry mean).
  • A Current Ratio of 4.21 means the company has $4.21 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Shineroad International Holdings Ltd:

  • The MRQ is 4.205. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.205. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.205TTM4.2050.000
TTM4.205YOY3.709+0.496
TTM4.2055Y4.819-0.614
5Y4.81910Y4.169+0.650
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2051.587+2.618
TTM4.2051.536+2.669
YOY3.7091.534+2.175
5Y4.8191.642+3.177
10Y4.1691.639+2.530
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Shineroad to the Food Distribution industry mean.
  • A Quick Ratio of 2.72 means the company can pay off $2.72 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shineroad International Holdings Ltd:

  • The MRQ is 2.724. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.724. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.724TTM2.7240.000
TTM2.724YOY2.520+0.205
TTM2.7245Y3.578-0.854
5Y3.57810Y2.988+0.590
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7240.744+1.980
TTM2.7240.735+1.989
YOY2.5200.725+1.795
5Y3.5780.842+2.736
10Y2.9880.872+2.116

1.4. Solvency of Shineroad International Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Shineroad to Food Distribution industry mean.
  • A Debt to Asset Ratio of 0.18 means that Shineroad assets are financed with 18.3% credit (debt) and the remaining percentage (100% - 18.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shineroad International Holdings Ltd:

  • The MRQ is 0.183. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.183. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.183TTM0.1830.000
TTM0.183YOY0.225-0.042
TTM0.1835Y0.195-0.012
5Y0.19510Y0.306-0.110
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1830.612-0.429
TTM0.1830.608-0.425
YOY0.2250.576-0.351
5Y0.1950.577-0.382
10Y0.3060.568-0.262
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Shineroad to the Food Distribution industry mean.
  • A Debt to Equity ratio of 22.5% means that company has $0.22 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shineroad International Holdings Ltd:

  • The MRQ is 0.225. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.225. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.225TTM0.2250.000
TTM0.225YOY0.291-0.066
TTM0.2255Y0.244-0.019
5Y0.24410Y0.524-0.280
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2251.542-1.317
TTM0.2251.413-1.188
YOY0.2911.360-1.069
5Y0.2441.347-1.103
10Y0.5241.369-0.845

2. Market Valuation of Shineroad International Holdings Ltd

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 Shineroad generates.

  • Above 15 is considered overpriced but always compare Shineroad to the Food Distribution industry mean.
  • A PE ratio of 7.70 means the investor is paying $7.70 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shineroad International Holdings Ltd:

  • The EOD is 8.418. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.704. Based on the earnings, the company is underpriced. +1
  • The TTM is 7.704. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.418MRQ7.704+0.713
MRQ7.704TTM7.7040.000
TTM7.704YOY5.373+2.331
TTM7.7045Y8.530-0.826
5Y8.53010Y5.331+3.199
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD8.4184.264+4.154
MRQ7.7044.416+3.288
TTM7.7046.127+1.577
YOY5.3739.429-4.056
5Y8.5308.663-0.133
10Y5.33110.926-5.595
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shineroad International Holdings Ltd:

  • The EOD is 6.562. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.006. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 6.006. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.562MRQ6.006+0.556
MRQ6.006TTM6.0060.000
TTM6.006YOY-25.733+31.739
TTM6.0065Y-18.762+24.768
5Y-18.76210Y-11.726-7.036
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD6.5622.860+3.702
MRQ6.0062.850+3.156
TTM6.0061.346+4.660
YOY-25.7331.288-27.021
5Y-18.7621.626-20.388
10Y-11.7261.373-13.099
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Food Distribution industry mean).
  • A PB ratio of 0.81 means the investor is paying $0.81 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Shineroad International Holdings Ltd:

  • The EOD is 0.889. Based on the equity, the company is cheap. +2
  • The MRQ is 0.813. Based on the equity, the company is cheap. +2
  • The TTM is 0.813. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.889MRQ0.813+0.075
MRQ0.813TTM0.8130.000
TTM0.813YOY1.117-0.304
TTM0.8135Y0.986-0.173
5Y0.98610Y0.616+0.370
Compared to industry (Food Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD0.8891.146-0.257
MRQ0.8131.315-0.502
TTM0.8131.336-0.523
YOY1.1171.567-0.450
5Y0.9861.639-0.653
10Y0.6161.769-1.153
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shineroad International Holdings Ltd 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--0.0550.0550%0.113-51%0.090-39%0.083-33%
Book Value Per Share--0.6640.6640%0.609+9%0.524+27%0.386+72%
Current Ratio--4.2054.2050%3.709+13%4.819-13%4.169+1%
Debt To Asset Ratio--0.1830.1830%0.225-19%0.195-6%0.306-40%
Debt To Equity Ratio--0.2250.2250%0.291-23%0.244-8%0.524-57%
Dividend Per Share--0.0190.0190%0.012+55%0.014+40%0.026-26%
Eps--0.0700.0700%0.127-45%0.067+5%0.058+21%
Free Cash Flow Per Share--0.0900.0900%-0.026+129%0.035+155%0.033+172%
Free Cash Flow To Equity Per Share--0.0650.0650%-0.016+124%0.047+39%0.034+91%
Gross Profit Margin--1.0001.0000%1.0000%0.431+132%0.411+143%
Intrinsic Value_10Y_max--1.804--------
Intrinsic Value_10Y_min--0.561--------
Intrinsic Value_1Y_max--0.074--------
Intrinsic Value_1Y_min--0.041--------
Intrinsic Value_3Y_max--0.304--------
Intrinsic Value_3Y_min--0.137--------
Intrinsic Value_5Y_max--0.631--------
Intrinsic Value_5Y_min--0.247--------
Market Cap401200000.000+8%367200000.000367200000.0000%462400000.000-21%344760000.000+7%215475000.000+70%
Net Profit Margin--0.0650.0650%0.100-34%0.065+1%0.063+4%
Operating Margin--0.0800.0800%0.097-18%0.077+3%0.081-2%
Operating Ratio--1.7481.7480%1.724+1%1.419+23%1.229+42%
Pb Ratio0.889+8%0.8130.8130%1.117-27%0.986-18%0.616+32%
Pe Ratio8.418+8%7.7047.7040%5.373+43%8.530-10%5.331+45%
Price Per Share0.590+8%0.5400.5400%0.680-21%0.507+7%0.317+70%
Price To Free Cash Flow Ratio6.562+8%6.0066.0060%-25.733+528%-18.762+412%-11.726+295%
Price To Total Gains Ratio7.904+8%7.2347.2340%5.439+33%5.767+25%5.767+25%
Quick Ratio--2.7242.7240%2.520+8%3.578-24%2.988-9%
Return On Assets--0.0860.0860%0.161-46%0.099-13%0.118-27%
Return On Equity--0.1060.1060%0.208-49%0.124-15%0.192-45%
Total Gains Per Share--0.0750.0750%0.125-40%0.104-28%0.109-32%
Usd Book Value--57691859.40057691859.4000%52884534.600+9%45497643.480+27%33536029.950+72%
Usd Book Value Change Per Share--0.0070.0070%0.014-51%0.012-39%0.011-33%
Usd Book Value Per Share--0.0850.0850%0.078+9%0.067+27%0.049+72%
Usd Dividend Per Share--0.0020.0020%0.002+55%0.002+40%0.003-26%
Usd Eps--0.0090.0090%0.016-45%0.009+5%0.007+21%
Usd Free Cash Flow--7813692.0007813692.0000%-2296438.200+129%3058381.800+155%2870819.325+172%
Usd Free Cash Flow Per Share--0.0110.0110%-0.003+129%0.004+155%0.004+172%
Usd Free Cash Flow To Equity Per Share--0.0080.0080%-0.002+124%0.006+39%0.004+91%
Usd Market Cap51273360.000+8%46928160.00046928160.0000%59094720.000-21%44060328.000+7%27537705.000+70%
Usd Price Per Share0.075+8%0.0690.0690%0.087-21%0.065+7%0.040+70%
Usd Profit--6091203.6006091203.6000%10998595.800-45%5795806.680+5%5046454.575+21%
Usd Revenue--93077762.40093077762.4000%110370124.800-16%85695139.800+9%77286714.525+20%
Usd Total Gains Per Share--0.0100.0100%0.016-40%0.013-28%0.014-32%
 EOD+4 -4MRQTTM+0 -0YOY+17 -185Y+25 -1110Y+21 -15

3.2. Fundamental Score

Let's check the fundamental score of Shineroad International Holdings Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.418
Price to Book Ratio (EOD)Between0-10.889
Net Profit Margin (MRQ)Greater than00.065
Operating Margin (MRQ)Greater than00.080
Quick Ratio (MRQ)Greater than12.724
Current Ratio (MRQ)Greater than14.205
Debt to Asset Ratio (MRQ)Less than10.183
Debt to Equity Ratio (MRQ)Less than10.225
Return on Equity (MRQ)Greater than0.150.106
Return on Assets (MRQ)Greater than0.050.086
Total9/10 (90.0%)

3.3. Technical Score

Let's check the technical score of Shineroad International Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5086.489
Ma 20Greater thanMa 500.554
Ma 50Greater thanMa 1000.542
Ma 100Greater thanMa 2000.540
OpenGreater thanClose0.590
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets552,846
Total Liabilities101,423
Total Stockholder Equity451,423
 As reported
Total Liabilities 101,423
Total Stockholder Equity+ 451,423
Total Assets = 552,846

Assets

Total Assets552,846
Total Current Assets409,773
Long-term Assets143,073
Total Current Assets
Cash And Cash Equivalents 212,592
Net Receivables 83,281
Inventory 92,879
Total Current Assets  (as reported)409,773
Total Current Assets  (calculated)388,752
+/- 21,021
Long-term Assets
Property Plant Equipment 36,989
Intangible Assets 6
Other Assets 3,283
Long-term Assets  (as reported)143,073
Long-term Assets  (calculated)40,278
+/- 102,795

Liabilities & Shareholders' Equity

Total Current Liabilities97,448
Long-term Liabilities3,975
Total Stockholder Equity451,423
Total Current Liabilities
Short-term Debt 20,000
Short Long Term Debt 20,000
Accounts payable 54,782
Other Current Liabilities 11,578
Total Current Liabilities  (as reported)97,448
Total Current Liabilities  (calculated)106,360
+/- 8,912
Long-term Liabilities
Long term Debt Total 2,225
Other Liabilities 1,750
Long-term Liabilities  (as reported)3,975
Long-term Liabilities  (calculated)3,975
+/-0
Total Stockholder Equity
Common Stock5,681
Retained Earnings 234,448
Capital Surplus 207,731
Other Stockholders Equity 3,563
Total Stockholder Equity (as reported)451,423
Total Stockholder Equity (calculated)451,423
+/-0
Other
Capital Stock5,681
Cash And Equivalents182,199
Cash and Short Term Investments 182,199
Common Stock Shares Outstanding 680,000
Liabilities and Stockholders Equity 552,846
Net Invested Capital 471,423
Net Tangible Assets 451,417
Net Working Capital 312,325
Property Plant and Equipment Gross 41,572



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
172,837
198,306
242,862
328,421
380,468
421,573
534,141
552,846
552,846534,141421,573380,468328,421242,862198,306172,837
   > Total Current Assets 
171,987
197,624
241,920
326,932
374,189
411,811
429,473
409,773
409,773429,473411,811374,189326,932241,920197,624171,987
       Cash And Cash Equivalents 
30,215
39,828
88,690
181,235
144,124
223,362
134,855
212,592
212,592134,855223,362144,124181,23588,69039,82830,215
       Short-term Investments 
0
0
0
0
33,800
0
0
0
00033,8000000
       Net Receivables 
72,114
77,423
85,633
70,781
94,490
88,980
156,853
83,281
83,281156,85388,98094,49070,78185,63377,42372,114
       Inventory 
43,939
53,988
37,906
38,756
69,222
51,864
60,067
92,879
92,87960,06751,86469,22238,75637,90653,98843,939
       Other Current Assets 
6,491
26,385
24,569
32,986
30,489
46,024
64,422
43,213
43,21364,42246,02430,48932,98624,56926,3856,491
   > Long-term Assets 
0
682
942
1,489
6,279
9,762
104,668
143,073
143,073104,6689,7626,2791,4899426820
       Property Plant Equipment 
821
580
717
798
5,561
9,211
6,954
36,989
36,9896,9549,2115,561798717580821
       Intangible Assets 
29
81
0
106
35
20
10
6
610203510608129
       Other Assets 
0
21
225
585
683
531
469
3,283
3,283469531683585225210
> Total Liabilities 
97,464
98,243
99,049
54,985
76,382
84,292
120,334
101,423
101,423120,33484,29276,38254,98599,04998,24397,464
   > Total Current Liabilities 
97,464
58,243
59,049
54,985
74,937
78,546
115,777
97,448
97,448115,77778,54674,93754,98559,04958,24397,464
       Short-term Debt 
30,000
0
0
0
0
0
20,000
20,000
20,00020,0000000030,000
       Short Long Term Debt 
0
0
0
0
0
0
20,000
20,000
20,00020,000000000
       Accounts payable 
0
38,210
40,566
32,029
51,825
50,357
56,046
54,782
54,78256,04650,35751,82532,02940,56638,2100
       Other Current Liabilities 
0
13,459
9,387
7,004
7,354
9,794
12,111
11,578
11,57812,1119,7947,3547,0049,38713,4590
   > Long-term Liabilities 
0
40,000
40,000
0
1,445
5,746
4,557
3,975
3,9754,5575,7461,445040,00040,0000
       Long term Debt Total 
0
40,000
40,000
0
1,445
4,888
3,807
2,225
2,2253,8074,8881,445040,00040,0000
       Other Liabilities 
0
0
0
0
0
858
750
1,750
1,75075085800000
> Total Stockholder Equity
75,373
99,043
143,813
273,436
304,086
337,281
413,807
451,423
451,423413,807337,281304,086273,436143,81399,04375,373
   Common Stock
0
0
0
5,681
5,681
5,681
5,681
5,681
5,6815,6815,6815,6815,681000
   Retained Earnings 
75,373
79,634
29,550
36,676
62,130
122,355
199,927
234,448
234,448199,927122,35562,13036,67629,55079,63475,373
   Capital Surplus 
0
0
0
207,731
207,731
207,731
207,731
207,731
207,731207,731207,731207,731207,731000
   Treasury Stock00000000
   Other Stockholders Equity 
0
19,409
-1,571
2,568
3,217
1,514
468
3,563
3,5634681,5143,2172,568-1,57119,4090



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue728,308
Cost of Revenue-607,139
Gross Profit121,169121,169
 
Operating Income (+$)
Gross Profit121,169
Operating Expense-666,304
Operating Income60,464-545,135
 
Operating Expense (+$)
Research Development-
Selling General Administrative63,012
Selling And Marketing Expenses-
Operating Expense666,30463,012
 
Net Interest Income (+$)
Interest Income5,005
Interest Expense-1,724
Other Finance Cost-2,112
Net Interest Income1,169
 
Pretax Income (+$)
Operating Income60,464
Net Interest Income1,169
Other Non-Operating Income Expenses-
Income Before Tax (EBT)65,46960,464
EBIT - interestExpense = 56,433
65,469
49,386
Interest Expense1,724
Earnings Before Interest and Taxes (EBIT)58,15767,193
Earnings Before Interest and Taxes (EBITDA)69,874
 
After tax Income (+$)
Income Before Tax65,469
Tax Provision-17,807
Net Income From Continuing Ops47,66247,662
Net Income47,662
Net Income Applicable To Common Shares47,662
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--1,169
 

Technical Analysis of Shineroad
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 Shineroad. The general trend of Shineroad is BULLISH with 28.6% 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 Shineroad'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 (28.6%) Bearish trend (-28.6%)
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 Shineroad International Holdings Ltd.

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

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

The bullish price targets are: 0.6 < 0.6 < 0.6.

The bearish price targets are: 0.57 > 0.57 > 0.57.

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Shineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-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 lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is 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

Shineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current macd is 0.01238632.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Shineroad price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Shineroad. 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 Shineroad price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Shineroad International Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current adx is 40.15.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Shineroad shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Shineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current sar is 0.51175289.

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
Shineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current rsi is 86.49. 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
Shineroad International Holdings Ltd Daily Relative Strength Index (RSI) ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. 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 Shineroad price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Shineroad International Holdings Ltd Daily Stochastic Oscillator ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current cci is 131.01.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Shineroad International Holdings Ltd Daily Commodity Channel Index (CCI) ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current cmo is 86.70.

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
Shineroad International Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current willr is -10.

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
Shineroad International Holdings Ltd Daily Williams %R ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd.

Shineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current atr is 0.00723376.

Shineroad International Holdings Ltd Daily Average True Range (ATR) ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current obv is -1,114,000.

Shineroad International Holdings Ltd Daily On-Balance Volume (OBV) ChartShineroad International Holdings Ltd 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 Shineroad International Holdings Ltd. The current mfi is 74.97.

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

  • MFI > 50: +1
Shineroad International Holdings Ltd Daily Money Flow Index (MFI) ChartShineroad International Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shineroad International Holdings Ltd.

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
2023-11-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-26DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09DMI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20SAR 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-21MACD 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 LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Shineroad International Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shineroad International Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5086.489
Ma 20Greater thanMa 500.554
Ma 50Greater thanMa 1000.542
Ma 100Greater thanMa 2000.540
OpenGreater thanClose0.590
Total3/5 (60.0%)
Penke

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