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Chanhigh Holdings Ltd
Buy, Hold or Sell?

Let's analyse Chanhigh together

PenkeI guess you are interested in Chanhigh 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 Chanhigh 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Chanhigh (30 sec.)










What can you expect buying and holding a share of Chanhigh? (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$1.52
Expected worth in 1 year
HK$1.73
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
HK$0.21
Return On Investment
104.7%

For what price can you sell your share?

Current Price per Share
HK$0.21
Expected price per share
HK$0.192 - HK$0.223
How sure are you?
50%

1. Valuation of Chanhigh (5 min.)




Live pricePrice per Share (EOD)

HK$0.21

Intrinsic Value Per Share

HK$-1.74 - HK$4.19

Total Value Per Share

HK$-0.22 - HK$5.71

2. Growth of Chanhigh (5 min.)




Is Chanhigh growing?

Current yearPrevious yearGrowGrow %
How rich?$120.1m$115.9m$4.2m3.5%

How much money is Chanhigh making?

Current yearPrevious yearGrowGrow %
Making money$4.2m$4m$225.3k5.3%
Net Profit Margin1.6%1.8%--

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

3. Financial Health of Chanhigh (5 min.)




4. Comparing to competitors in the Engineering & Construction industry (5 min.)




  Industry Rankings (Engineering & Construction)  


Richest
#328 / 668

Most Revenue
#211 / 668

Most Profit
#274 / 668

Most Efficient
#370 / 668

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

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

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

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

Speculation

The Price per Share of Chanhigh is HK$0.205. 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 Chanhigh.
  • 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 Chanhigh, 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$1.52. Based on the TTM, the Book Value Change Per Share is HK$0.05 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.04 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 Chanhigh.

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 Eps0.013.3%0.013.3%0.013.2%0.012.9%0.015.1%
Usd Book Value Change Per Share0.013.3%0.013.3%0.012.5%0.012.8%0.029.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.4%
Usd Total Gains Per Share0.013.3%0.013.3%0.012.5%0.012.8%0.029.9%
Usd Price Per Share0.03-0.03-0.04-0.06-0.05-
Price to Earnings Ratio4.18-4.18-6.89-13.46-7.86-
Price-to-Total Gains Ratio4.18-4.18-8.81-14.98-12.76-
Price to Book Ratio0.15-0.15-0.24-0.36-0.29-
Price-to-Total Gains Ratio4.18-4.18-8.81-14.98-12.76-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.026199
Number of shares38169
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 (38169 shares)261.63215.24
Gains per Year (38169 shares)1,046.51860.97
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10104710370861851
2020932084017221712
3031403131025832573
4041864178034443434
5052335225043054295
6062796272051665156
7073267319060276017
8083728366068886878
9094199413077497739
1001046510460086108600

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%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%3.00.07.030.0%3.00.07.030.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%

Fundamentals of Chanhigh

About Chanhigh Holdings Ltd

Chanhigh Holdings Limited, an investment holding company, provides landscape and municipal works construction and maintenance services in the People's Republic of China. It operates through four segments: Landscape Construction, Municipal Works Construction, Building Works, and Others. The Landscape Construction segment undertakes works of municipal and private landscaping projects, such as planting of trees, modifying the layout of land, foundation works for landscape construction, building and construction of parks, etc. The Municipal Works Construction segment primarily conducts municipal or local government works, such as municipal road construction, water and lighting works, etc. The Building Works segment constructs gas stations, auto repair shops, office buildings and temporary warehouses, etc. The Others segment provides maintenance and heritage restoration services, as well as undertakes renovation works and acts as an agent in the trading of construction materials. Chanhigh Holdings Limited was founded in 2001 and is headquartered in Ningbo, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-25 14:00:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient 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 able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Chanhigh Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Chanhigh to the Engineering & Construction industry mean.
  • A Net Profit Margin of 1.6% means that $0.02 for each $1 in revenue is generated as profit.

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

  • The MRQ is 1.6%. The company is making a profit. +1
  • The TTM is 1.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.6%0.0%
TTM1.6%YOY1.8%-0.1%
TTM1.6%5Y2.0%-0.4%
5Y2.0%10Y4.7%-2.7%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%2.3%-0.7%
TTM1.6%2.3%-0.7%
YOY1.8%2.4%-0.6%
5Y2.0%2.3%-0.3%
10Y4.7%2.9%+1.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Chanhigh to the Engineering & Construction industry mean.
  • 1.4% Return on Assets means that Chanhigh generated $0.01 profit for each $1 in assets.

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

  • The MRQ is 1.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.4%0.0%
TTM1.4%YOY1.4%+0.1%
TTM1.4%5Y1.4%+0.1%
5Y1.4%10Y3.1%-1.7%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%0.7%+0.7%
TTM1.4%0.7%+0.7%
YOY1.4%0.7%+0.7%
5Y1.4%0.7%+0.7%
10Y3.1%1.0%+2.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Chanhigh to the Engineering & Construction industry mean.
  • 3.5% Return on Equity means Chanhigh generated $0.04 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 3.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.5%0.0%
TTM3.5%YOY3.5%+0.1%
TTM3.5%5Y3.3%+0.2%
5Y3.3%10Y13.3%-10.0%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%2.2%+1.3%
TTM3.5%2.2%+1.3%
YOY3.5%2.1%+1.4%
5Y3.3%2.1%+1.2%
10Y13.3%2.5%+10.8%

1.2. Operating Efficiency of Chanhigh Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Chanhigh is operating .

  • Measures how much profit Chanhigh 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 Chanhigh to the Engineering & Construction industry mean.
  • An Operating Margin of 3.7% means the company generated $0.04  for each $1 in revenue (before taxes).

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

  • The MRQ is 3.7%. The company is operating less efficient.
  • The TTM is 3.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ3.7%TTM3.7%0.0%
TTM3.7%YOY3.9%-0.2%
TTM3.7%5Y4.5%-0.8%
5Y4.5%10Y7.2%-2.7%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7%4.3%-0.6%
TTM3.7%2.8%+0.9%
YOY3.9%3.6%+0.3%
5Y4.5%3.9%+0.6%
10Y7.2%3.6%+3.6%
1.2.2. Operating Ratio

Measures how efficient Chanhigh is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Engineering & Construction industry mean).
  • An Operation Ratio of 1.89 means that the operating costs are $1.89 for each $1 in net sales.

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

  • The MRQ is 1.891. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.891. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.891TTM1.8910.000
TTM1.891YOY1.861+0.029
TTM1.8915Y1.503+0.387
5Y1.50310Y1.203+0.301
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8911.767+0.124
TTM1.8911.740+0.151
YOY1.8611.676+0.185
5Y1.5031.538-0.035
10Y1.2031.303-0.100

1.3. Liquidity of Chanhigh Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Engineering & Construction industry mean).
  • A Current Ratio of 1.76 means the company has $1.76 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.765. The company is able to pay all its short-term debts. +1
  • The TTM is 1.765. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.765TTM1.7650.000
TTM1.765YOY1.680+0.085
TTM1.7655Y1.733+0.032
5Y1.73310Y1.527+0.206
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7651.296+0.469
TTM1.7651.308+0.457
YOY1.6801.330+0.350
5Y1.7331.365+0.368
10Y1.5271.305+0.222
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Chanhigh to the Engineering & Construction industry mean.
  • A Quick Ratio of 0.53 means the company can pay off $0.53 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.531. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.531. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.531TTM0.5310.000
TTM0.531YOY0.705-0.174
TTM0.5315Y1.185-0.655
5Y1.18510Y1.114+0.071
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5310.677-0.146
TTM0.5310.740-0.209
YOY0.7050.892-0.187
5Y1.1850.914+0.271
10Y1.1140.935+0.179

1.4. Solvency of Chanhigh Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Chanhigh to Engineering & Construction industry mean.
  • A Debt to Asset Ratio of 0.59 means that Chanhigh assets are financed with 58.9% credit (debt) and the remaining percentage (100% - 58.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.589. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.589. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.589TTM0.5890.000
TTM0.589YOY0.604-0.015
TTM0.5895Y0.587+0.002
5Y0.58710Y0.677-0.091
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5890.626-0.037
TTM0.5890.627-0.038
YOY0.6040.613-0.009
5Y0.5870.608-0.021
10Y0.6770.599+0.078
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Chanhigh to the Engineering & Construction industry mean.
  • A Debt to Equity ratio of 143.4% means that company has $1.43 debt for each $1 in shareholders equity.

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

  • The MRQ is 1.434. The company is able to pay all its debts with equity. +1
  • The TTM is 1.434. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.434TTM1.4340.000
TTM1.434YOY1.525-0.091
TTM1.4345Y1.430+0.004
5Y1.43010Y2.622-1.192
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4341.646-0.212
TTM1.4341.630-0.196
YOY1.5251.593-0.068
5Y1.4301.587-0.157
10Y2.6221.680+0.942

2. Market Valuation of Chanhigh 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 Chanhigh generates.

  • Above 15 is considered overpriced but always compare Chanhigh to the Engineering & Construction industry mean.
  • A PE ratio of 4.18 means the investor is paying $4.18 for every $1 in earnings.

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

  • The EOD is 3.822. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.176. Based on the earnings, the company is cheap. +2
  • The TTM is 4.176. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.822MRQ4.176-0.354
MRQ4.176TTM4.1760.000
TTM4.176YOY6.892-2.716
TTM4.1765Y13.457-9.281
5Y13.45710Y7.860+5.597
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD3.8228.401-4.579
MRQ4.1767.986-3.810
TTM4.1768.466-4.290
YOY6.8929.045-2.153
5Y13.45712.216+1.241
10Y7.86015.054-7.194
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.453. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.587. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.587. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.453MRQ-1.587+0.135
MRQ-1.587TTM-1.5870.000
TTM-1.587YOY5.768-7.355
TTM-1.5875Y-4.147+2.560
5Y-4.14710Y-3.155-0.992
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD-1.4531.287-2.740
MRQ-1.5871.245-2.832
TTM-1.5870.114-1.701
YOY5.7680.683+5.085
5Y-4.1470.060-4.207
10Y-3.155-0.245-2.910
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Engineering & Construction industry mean).
  • A PB ratio of 0.15 means the investor is paying $0.15 for each $1 in book value.

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

  • The EOD is 0.135. Based on the equity, the company is cheap. +2
  • The MRQ is 0.147. Based on the equity, the company is cheap. +2
  • The TTM is 0.147. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.135MRQ0.147-0.012
MRQ0.147TTM0.1470.000
TTM0.147YOY0.239-0.091
TTM0.1475Y0.357-0.209
5Y0.35710Y0.291+0.065
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD0.1351.186-1.051
MRQ0.1471.118-0.971
TTM0.1471.123-0.976
YOY0.2391.187-0.948
5Y0.3571.337-0.980
10Y0.2911.712-1.421
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Chanhigh 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--0.0540.0540%0.040+35%0.044+22%0.152-65%
Book Value Per Share--1.5201.5200%1.467+4%1.425+7%1.006+51%
Current Ratio--1.7651.7650%1.680+5%1.733+2%1.527+16%
Debt To Asset Ratio--0.5890.5890%0.604-2%0.587+0%0.677-13%
Debt To Equity Ratio--1.4341.4340%1.525-6%1.430+0%2.622-45%
Dividend Per Share----0%-0%-0%0.007-100%
Eps--0.0540.0540%0.051+6%0.047+14%0.082-35%
Free Cash Flow Per Share---0.141-0.1410%0.061-333%-0.232+64%-0.146+3%
Free Cash Flow To Equity Per Share---0.178-0.1780%0.072-346%-0.051-71%-0.016-91%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--4.191--------
Intrinsic Value_10Y_min---1.744--------
Intrinsic Value_1Y_max--0.062--------
Intrinsic Value_1Y_min---0.220--------
Intrinsic Value_3Y_max--0.460--------
Intrinsic Value_3Y_min---0.625--------
Intrinsic Value_5Y_max--1.186--------
Intrinsic Value_5Y_min---0.989--------
Market Cap126792913.280-9%138544451.584138544451.5840%216475705.600-36%307271801.549-55%244555697.126-43%
Net Profit Margin--0.0160.0160%0.018-7%0.020-20%0.047-65%
Operating Margin--0.0370.0370%0.039-5%0.045-18%0.072-49%
Operating Ratio--1.8911.8910%1.861+2%1.503+26%1.203+57%
Pb Ratio0.135-9%0.1470.1470%0.239-38%0.357-59%0.291-49%
Pe Ratio3.822-9%4.1764.1760%6.892-39%13.457-69%7.860-47%
Price Per Share0.205-9%0.2240.2240%0.350-36%0.497-55%0.395-43%
Price To Free Cash Flow Ratio-1.453+8%-1.587-1.5870%5.768-128%-4.147+161%-3.155+99%
Price To Total Gains Ratio3.822-9%4.1764.1760%8.808-53%14.981-72%12.763-67%
Quick Ratio--0.5310.5310%0.705-25%1.185-55%1.114-52%
Return On Assets--0.0140.0140%0.014+6%0.014+7%0.031-53%
Return On Equity--0.0350.0350%0.035+2%0.033+7%0.133-74%
Total Gains Per Share--0.0540.0540%0.040+35%0.044+22%0.159-66%
Usd Book Value--120160755.000120160755.0000%115921245.600+4%112671956.160+7%79538528.160+51%
Usd Book Value Change Per Share--0.0070.0070%0.005+35%0.006+22%0.019-65%
Usd Book Value Per Share--0.1940.1940%0.187+4%0.182+7%0.129+51%
Usd Dividend Per Share----0%-0%-0%0.001-100%
Usd Eps--0.0070.0070%0.006+6%0.006+14%0.010-35%
Usd Free Cash Flow---11154895.200-11154895.2000%4796334.000-333%-18324347.400+64%-11509949.160+3%
Usd Free Cash Flow Per Share---0.018-0.0180%0.008-333%-0.030+64%-0.019+3%
Usd Free Cash Flow To Equity Per Share---0.023-0.0230%0.009-346%-0.007-71%-0.002-91%
Usd Market Cap16204134.317-9%17705980.91217705980.9120%27665595.176-36%39269336.238-55%31254218.093-43%
Usd Price Per Share0.026-9%0.0290.0290%0.045-36%0.063-55%0.051-43%
Usd Profit--4239509.4004239509.4000%4014198.000+6%3729740.760+14%6491192.040-35%
Usd Revenue--257944874.400257944874.4000%226047783.600+14%190963795.320+35%157029393.600+64%
Usd Total Gains Per Share--0.0070.0070%0.005+35%0.006+22%0.020-66%
 EOD+3 -5MRQTTM+0 -0YOY+20 -135Y+20 -1310Y+13 -22

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.822
Price to Book Ratio (EOD)Between0-10.135
Net Profit Margin (MRQ)Greater than00.016
Operating Margin (MRQ)Greater than00.037
Quick Ratio (MRQ)Greater than10.531
Current Ratio (MRQ)Greater than11.765
Debt to Asset Ratio (MRQ)Less than10.589
Debt to Equity Ratio (MRQ)Less than11.434
Return on Equity (MRQ)Greater than0.150.035
Return on Assets (MRQ)Greater than0.050.014
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5021.206
Ma 20Greater thanMa 500.215
Ma 50Greater thanMa 1000.249
Ma 100Greater thanMa 2000.270
OpenGreater thanClose0.205
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Net Interest Income  -7,834-18,206-26,040-41-26,0813,302-22,77926,4163,637



Latest Balance Sheet

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

Summary
Total Assets2,288,592
Total Liabilities1,348,367
Total Stockholder Equity940,225
 As reported
Total Liabilities 1,348,367
Total Stockholder Equity+ 940,225
Total Assets = 2,288,592

Assets

Total Assets2,288,592
Total Current Assets2,180,976
Long-term Assets107,616
Total Current Assets
Cash And Cash Equivalents 262,990
Short-term Investments 69,916
Net Receivables 252,842
Inventory 1,353
Other Current Assets 384,154
Total Current Assets  (as reported)2,180,976
Total Current Assets  (calculated)971,255
+/- 1,209,721
Long-term Assets
Property Plant Equipment 14,630
Intangible Assets 67,805
Long-term Assets  (as reported)107,616
Long-term Assets  (calculated)82,435
+/- 25,181

Liabilities & Shareholders' Equity

Total Current Liabilities1,235,716
Long-term Liabilities106,002
Total Stockholder Equity940,225
Total Current Liabilities
Short Long Term Debt 560,000
Accounts payable 359,898
Other Current Liabilities 230,708
Total Current Liabilities  (as reported)1,235,716
Total Current Liabilities  (calculated)1,150,606
+/- 85,110
Long-term Liabilities
Long term Debt Total 106,002
Long-term Liabilities  (as reported)106,002
Long-term Liabilities  (calculated)106,002
+/-0
Total Stockholder Equity
Common Stock5,487
Retained Earnings 477,372
Capital Surplus 457,366
Total Stockholder Equity (as reported)940,225
Total Stockholder Equity (calculated)940,225
+/-0
Other
Capital Stock5,487
Cash and Short Term Investments 332,906
Common Stock Shares Outstanding 618,502
Liabilities and Stockholders Equity 2,288,592
Net Debt 333,096
Net Invested Capital 1,606,227
Net Tangible Assets 872,420
Net Working Capital 945,260
Property Plant and Equipment Gross 38,025



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
1,114,274
1,273,488
1,469,515
1,528,439
1,953,205
1,865,848
2,030,637
2,221,143
2,290,208
2,288,592
2,288,5922,290,2082,221,1432,030,6371,865,8481,953,2051,528,4391,469,5151,273,4881,114,274
   > Total Current Assets 
1,111,882
1,271,330
1,467,380
1,525,927
1,945,358
1,756,942
1,893,315
2,067,668
2,135,498
2,180,976
2,180,9762,135,4982,067,6681,893,3151,756,9421,945,3581,525,9271,467,3801,271,3301,111,882
       Cash And Cash Equivalents 
31,762
31,760
61,482
108,065
371,703
280,086
206,964
302,983
353,751
262,990
262,990353,751302,983206,964280,086371,703108,06561,48231,76031,762
       Short-term Investments 
0
0
0
3,243
4,149
7,888
45,061
21,500
43,960
69,916
69,91643,96021,50045,0617,8884,1493,243000
       Net Receivables 
982,392
1,051,269
455,646
1,289,043
1,435,241
1,326,961
1,454,712
1,482,515
498,029
252,842
252,842498,0291,482,5151,454,7121,326,9611,435,2411,289,043455,6461,051,269982,392
       Other Current Assets 
93,675
100,398
50
125,576
134,265
149,895
231,639
282,170
291,062
384,154
384,154291,062282,170231,639149,895134,265125,57650100,39893,675
   > Long-term Assets 
0
0
0
2,512
7,847
108,906
137,322
153,475
154,710
107,616
107,616154,710153,475137,322108,9067,8472,512000
       Property Plant Equipment 
2,328
2,094
2,071
2,448
7,834
9,073
22,124
29,717
28,733
14,630
14,63028,73329,71722,1249,0737,8342,4482,0712,0942,328
       Long Term Investments 
64
64
64
64
13
0
0
0
0
0
000001364646464
       Intangible Assets 
0
0
0
0
0
99,833
115,198
123,758
125,953
67,805
67,805125,953123,758115,19899,83300000
> Total Liabilities 
921,384
1,041,932
1,142,780
1,267,852
1,149,437
1,047,342
1,170,759
1,338,668
1,383,156
1,348,367
1,348,3671,383,1561,338,6681,170,7591,047,3421,149,4371,267,8521,142,7801,041,932921,384
   > Total Current Liabilities 
921,384
1,041,932
1,142,780
1,267,852
1,149,437
1,002,240
1,065,276
1,223,144
1,270,999
1,235,716
1,235,7161,270,9991,223,1441,065,2761,002,2401,149,4371,267,8521,142,7801,041,932921,384
       Short-term Debt 
299,400
305,100
320,100
61,000
4,149
7,888
0
566,483
0
0
00566,48307,8884,14961,000320,100305,100299,400
       Short Long Term Debt 
299,400
305,100
320,100
61,000
111,000
337,085
470,619
566,483
584,000
560,000
560,000584,000566,483470,619337,085111,00061,000320,100305,100299,400
       Accounts payable 
569,544
631,128
696,888
895,397
824,213
410,126
331,622
324,268
329,230
359,898
359,898329,230324,268331,622410,126824,213895,397696,888631,128569,544
       Other Current Liabilities 
52,440
105,704
105,420
107,640
137,271
171,023
168,811
233,015
207,380
230,708
230,708207,380233,015168,811171,023137,271107,640105,420105,70452,440
   > Long-term Liabilities 
0
0
0
0
0
45,102
105,483
115,524
105,434
106,002
106,002105,434115,524105,48345,10200000
       Long term Debt Total 
0
0
0
0
0
45,102
105,483
115,524
105,434
106,002
106,002105,434115,524105,48345,10200000
> Total Stockholder Equity
192,890
231,556
326,735
260,587
803,768
811,382
852,612
875,642
907,052
940,225
940,225907,052875,642852,612811,382803,768260,587326,735231,556192,890
   Common Stock
152,000
152,000
152,000
0
5,487
5,487
5,487
5,487
5,487
5,487
5,4875,4875,4875,4875,4875,4870152,000152,000152,000
   Retained Earnings 
36,341
69,518
154,763
237,100
307,421
311,510
347,418
420,159
451,569
477,372
477,372451,569420,159347,418311,510307,421237,100154,76369,51836,341
   Capital Surplus 
0
0
0
0
457,366
457,366
457,366
457,366
457,366
457,366
457,366457,366457,366457,366457,366457,3660000
   Treasury Stock0000000000
   Other Stockholders Equity 
0
0
0
-7,370
-7,370
-7,370
-7,370
-7,370
901,565
934,738
934,738901,565-7,370-7,370-7,370-7,370-7,370000



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 (+$)
totalRevenue2,018,348
Cost of Revenue-1,878,780
Gross Profit139,568139,568
 
Operating Income (+$)
Gross Profit139,568
Operating Expense-1,936,956
Operating Income74,165-1,797,388
 
Operating Expense (+$)
Research Development-
Selling General Administrative91,229
Selling And Marketing Expenses-
Operating Expense1,936,95691,229
 
Net Interest Income (+$)
Interest Income27,207
Interest Expense-28,307
Other Finance Cost-4,737
Net Interest Income3,637
 
Pretax Income (+$)
Operating Income74,165
Net Interest Income3,637
Other Non-Operating Income Expenses-
Income Before Tax (EBT)46,95874,165
EBIT - interestExpense = 45,858
47,032
61,480
Interest Expense28,307
Earnings Before Interest and Taxes (EBIT)74,16575,265
Earnings Before Interest and Taxes (EBITDA)74,859
 
After tax Income (+$)
Income Before Tax46,958
Tax Provision-13,859
Net Income From Continuing Ops33,09933,099
Net Income33,173
Net Income Applicable To Common Shares33,173
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses26,905
Total Other Income/Expenses Net--3,637
 

Technical Analysis of Chanhigh
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 Chanhigh. The general trend of Chanhigh is BEARISH with 71.4% 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 Chanhigh'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 (-71.4%) Bearish trend (71.4%)
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 Chanhigh 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: 0.212 < 0.221 < 0.223.

The bearish price targets are: 0.2 > 0.2 > 0.192.

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Chanhigh 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 Chanhigh Holdings Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

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

Directionalities and relatives.

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

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

Chanhigh 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 Chanhigh Holdings Ltd. The current macd is -0.01269143.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Chanhigh price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Chanhigh. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Chanhigh price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
Chanhigh Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChanhigh 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 Chanhigh Holdings Ltd. The current adx is 48.79.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Chanhigh shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Chanhigh 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 Chanhigh Holdings Ltd. The current sar is 0.23665484.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Chanhigh 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 Chanhigh Holdings Ltd. The current rsi is 21.21. The current phase is Oversold in bear market.

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

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Chanhigh Holdings Ltd Daily Relative Strength Index (RSI) ChartChanhigh 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 Chanhigh Holdings Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Chanhigh price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Chanhigh Holdings Ltd Daily Stochastic Oscillator ChartChanhigh 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 Chanhigh Holdings Ltd. The current cci is -78.45433255.

Chanhigh Holdings Ltd Daily Commodity Channel Index (CCI) ChartChanhigh 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 Chanhigh Holdings Ltd. The current cmo is -59.05503586.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Chanhigh Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartChanhigh 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 Chanhigh Holdings Ltd. The current willr is -78.26086957.

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

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

Chanhigh 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 Chanhigh Holdings Ltd. The current atr is 0.00261259.

Chanhigh Holdings Ltd Daily Average True Range (ATR) ChartChanhigh 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 Chanhigh Holdings Ltd. The current obv is -1,595,000.

Chanhigh Holdings Ltd Daily On-Balance Volume (OBV) ChartChanhigh 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 Chanhigh Holdings Ltd. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
Chanhigh Holdings Ltd Daily Money Flow Index (MFI) ChartChanhigh Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Chanhigh Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5021.206
Ma 20Greater thanMa 500.215
Ma 50Greater thanMa 1000.249
Ma 100Greater thanMa 2000.270
OpenGreater thanClose0.205
Total1/5 (20.0%)
Penke

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