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Union Bank of Taiwan
Buy, Hold or Sell?

Let's analyse Union Bank of Taiwan together

PenkeI guess you are interested in Union Bank of Taiwan. 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 Union Bank of Taiwan. 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 Union Bank of Taiwan (30 sec.)










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

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
57.5%

What is your share worth?

Current worth
NT$18.69
Expected worth in 1 year
NT$20.69
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
NT$1.99
Return On Investment
13.2%

For what price can you sell your share?

Current Price per Share
NT$15.05
Expected price per share
NT$14.55 - NT$15.90
How sure are you?
50%

1. Valuation of Union Bank of Taiwan (5 min.)




Live pricePrice per Share (EOD)

NT$15.05

Intrinsic Value Per Share

NT$79.95 - NT$95.97

Total Value Per Share

NT$98.64 - NT$114.66

2. Growth of Union Bank of Taiwan (5 min.)




Is Union Bank of Taiwan growing?

Current yearPrevious yearGrowGrow %
How rich?$2.2b$1.9b$168.1m7.9%

How much money is Union Bank of Taiwan making?

Current yearPrevious yearGrowGrow %
Making money$33.7m$27.6m$6m18.0%
Net Profit Margin24.3%20.4%--

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

3. Financial Health of Union Bank of Taiwan (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

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

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

What can you expect buying and holding a share of Union Bank of Taiwan?

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

Speculation

The Price per Share of Union Bank of Taiwan is NT$15.05. 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 Union Bank of Taiwan.
  • 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 Union Bank of Taiwan, 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 NT$18.69. Based on the TTM, the Book Value Change Per Share is NT$0.50 per quarter. Based on the YOY, the Book Value Change Per Share is NT$-0.18 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 NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Union Bank of Taiwan.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.010.0%0.010.1%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.020.1%0.020.1%-0.010.0%0.010.1%0.010.1%
Usd Dividend Per Share0.000.0%0.000.0%0.010.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.1%0.020.1%0.000.0%0.010.1%0.010.1%
Usd Price Per Share0.45-0.48-0.54-0.47-0.46-
Price to Earnings Ratio20.61-16.21-64.10-31.58-25.28-
Price-to-Total Gains Ratio20.67-33.28-11.11-22.18--24.92-
Price to Book Ratio0.77-0.86-1.05-1.00-1.24-
Price-to-Total Gains Ratio20.67-33.28-11.11-22.18--24.92-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.471065
Number of shares2122
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.020.01
Gains per Quarter (2122 shares)33.0726.27
Gains per Year (2122 shares)132.27105.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10132122337295
2026525465145200
3039738698217305
40529518131289410
50661650164362515
60794782196434620
70926914229506725
8010581046262579830
9011901178294651935
100132313103277241040

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%62.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%15.05.00.075.0%30.010.00.075.0%49.013.00.079.0%
Dividend per Share0.00.04.00.0%7.00.05.058.3%14.00.06.070.0%23.00.017.057.5%23.00.039.037.1%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%16.04.00.080.0%34.06.00.085.0%53.09.00.085.5%

Fundamentals of Union Bank of Taiwan

About Union Bank of Taiwan

Union Bank of Taiwan provides various banking products and services in Taiwan. It operates through Corporate Banking Unit, Consumer Banking Unit, Wealth Management and Trust Unit, Investing Unit, and Leasing Unit segments. The company involved in various activities, which cover loans, remittances, acceptances, short-term bill transactions, investments, foreign exchange transactions, savings, and trusts. It also accepts deposit products; and provides corporate loans, discount bills and notes, domestic letters of credit and accounts receivable factoring, mortgages, auto loans, personal loans, and other consumer credit. In addition, the company handles exports, imports, foreign remittances, foreign currency loans, and guarantees; offers credit card, wealth management, trust, custodian business, safe-deposit box rental, and certification services for marketable securities; trades in marketable securities and futures on behalf of customers; and acts as collecting and paying agent for public facilities fees, taxes, and remittances, as well as operates as a life and property insurance agency. Further, the company involved in the retail and distribution of hardware and software products; development of system programs; outsourcing of system development; website designing; provision of e-commerce services; car rental; import and export financing; securities investment trust; and installment purchase and lease investment businesses. Additionally, it engages in real estate activities; venture capital; general business investment; consulting; and power generation, transmission, distribution, and energy technology service business; and investment management advisory and equipment leasing activities. Union Bank of Taiwan was founded in 1989 and is headquartered in Taipei, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 20:19:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 just able to pay all its debts by selling its assets.
The company is unable 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 fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Union Bank of Taiwan.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Union Bank of Taiwan earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Union Bank of Taiwan to the Banks - Regional industry mean.
  • A Net Profit Margin of 15.2% means that NT$0.15 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Union Bank of Taiwan:

  • The MRQ is 15.2%. The company is making a huge profit. +2
  • The TTM is 24.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ15.2%TTM24.3%-9.1%
TTM24.3%YOY20.4%+3.9%
TTM24.3%5Y23.8%+0.5%
5Y23.8%10Y21.5%+2.3%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ15.2%18.4%-3.2%
TTM24.3%28.0%-3.7%
YOY20.4%25.2%-4.8%
5Y23.8%22.8%+1.0%
10Y21.5%19.8%+1.7%
1.1.2. Return on Assets

Shows how efficient Union Bank of Taiwan is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Union Bank of Taiwan to the Banks - Regional industry mean.
  • 0.1% Return on Assets means that Union Bank of Taiwan generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Union Bank of Taiwan:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY0.1%+0.0%
TTM0.1%5Y0.1%0.0%
5Y0.1%10Y0.1%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.1%0.0%
TTM0.1%0.2%-0.1%
YOY0.1%0.2%-0.1%
5Y0.1%0.2%-0.1%
10Y0.1%0.2%-0.1%
1.1.3. Return on Equity

Shows how efficient Union Bank of Taiwan is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Union Bank of Taiwan to the Banks - Regional industry mean.
  • 1.0% Return on Equity means Union Bank of Taiwan generated NT$0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Union Bank of Taiwan:

  • The MRQ is 1.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.7%-0.7%
TTM1.7%YOY1.5%+0.2%
TTM1.7%5Y1.6%+0.1%
5Y1.6%10Y1.8%-0.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%1.4%-0.4%
TTM1.7%2.5%-0.8%
YOY1.5%2.7%-1.2%
5Y1.6%2.5%-0.9%
10Y1.8%2.8%-1.0%

1.2. Operating Efficiency of Union Bank of Taiwan.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Union Bank of Taiwan is operating .

  • Measures how much profit Union Bank of Taiwan makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Union Bank of Taiwan to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated NT$0.00  for each NT$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Union Bank of Taiwan:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Union Bank of Taiwan is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are NT$0.00 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Union Bank of Taiwan:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.179-0.179
5Y0.17910Y0.227-0.048

1.3. Liquidity of Union Bank of Taiwan.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Union Bank of Taiwan is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has NT$0.00 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Union Bank of Taiwan:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.121-0.121
TTM0.121YOY0.239-0.118
TTM0.1215Y0.265-0.144
5Y0.26510Y0.190+0.075
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.1210.124-0.003
YOY0.2390.225+0.014
5Y0.2650.219+0.046
10Y0.1900.131+0.059
1.3.2. Quick Ratio

Measures if Union Bank of Taiwan is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Union Bank of Taiwan to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off NT$0.00 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Union Bank of Taiwan:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.018-0.018
TTM0.018YOY0.028-0.009
TTM0.0185Y0.048-0.030
5Y0.04810Y0.063-0.014

1.4. Solvency of Union Bank of Taiwan.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Union Bank of Taiwan assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Union Bank of Taiwan to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.92 means that Union Bank of Taiwan assets are financed with 92.5% credit (debt) and the remaining percentage (100% - 92.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Union Bank of Taiwan:

  • The MRQ is 0.925. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.926. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.925TTM0.926-0.001
TTM0.926YOY0.9260.000
TTM0.9265Y0.923+0.003
5Y0.92310Y0.926-0.003
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9250.915+0.010
TTM0.9260.917+0.009
YOY0.9260.919+0.007
5Y0.9230.919+0.004
10Y0.9260.927-0.001
1.4.2. Debt to Equity Ratio

Measures if Union Bank of Taiwan is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Union Bank of Taiwan to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,269.1% means that company has NT$12.69 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Union Bank of Taiwan:

  • The MRQ is 12.691. The company is unable to pay all its debts with equity. -1
  • The TTM is 12.944. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ12.691TTM12.944-0.253
TTM12.944YOY12.930+0.014
TTM12.9445Y12.263+0.681
5Y12.26310Y12.796-0.533
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ12.69110.829+1.862
TTM12.94411.013+1.931
YOY12.93011.363+1.567
5Y12.26311.437+0.826
10Y12.79613.038-0.242

2. Market Valuation of Union Bank of Taiwan

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Union Bank of Taiwan generates.

  • Above 15 is considered overpriced but always compare Union Bank of Taiwan to the Banks - Regional industry mean.
  • A PE ratio of 20.61 means the investor is paying NT$20.61 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Union Bank of Taiwan:

  • The EOD is 21.544. Based on the earnings, the company is fair priced.
  • The MRQ is 20.614. Based on the earnings, the company is fair priced.
  • The TTM is 16.207. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD21.544MRQ20.614+0.930
MRQ20.614TTM16.207+4.407
TTM16.207YOY64.097-47.891
TTM16.2075Y31.582-15.375
5Y31.58210Y25.280+6.302
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD21.5447.491+14.053
MRQ20.6146.680+13.934
TTM16.2075.295+10.912
YOY64.0976.943+57.154
5Y31.5829.770+21.812
10Y25.2809.943+15.337
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Union Bank of Taiwan:

  • The EOD is 0.792. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.758. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.032. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.792MRQ0.758+0.034
MRQ0.758TTM1.032-0.274
TTM1.032YOY-17.247+18.278
TTM1.0325Y-0.206+1.237
5Y-0.20610Y1.190-1.396
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.792-2.094+2.886
MRQ0.758-1.868+2.626
TTM1.032-0.342+1.374
YOY-17.2476.448-23.695
5Y-0.2060.429-0.635
10Y1.1900.091+1.099
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.77 means the investor is paying NT$0.77 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Union Bank of Taiwan:

  • The EOD is 0.805. Based on the equity, the company is cheap. +2
  • The MRQ is 0.770. Based on the equity, the company is cheap. +2
  • The TTM is 0.863. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.805MRQ0.770+0.035
MRQ0.770TTM0.863-0.093
TTM0.863YOY1.055-0.192
TTM0.8635Y0.997-0.134
5Y0.99710Y1.239-0.242
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.8050.433+0.372
MRQ0.7700.386+0.384
TTM0.8630.470+0.393
YOY1.0550.642+0.413
5Y0.9970.795+0.202
10Y1.2391.025+0.214
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Union Bank of Taiwan 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--0.6970.498+40%-0.182+126%0.272+156%0.278+151%
Book Value Per Share--18.69417.898+4%16.477+13%15.769+19%12.921+45%
Current Ratio---0.121-100%0.239-100%0.265-100%0.190-100%
Debt To Asset Ratio--0.9250.9260%0.9260%0.923+0%0.9260%
Debt To Equity Ratio--12.69112.944-2%12.930-2%12.263+3%12.796-1%
Dividend Per Share----0%0.193-100%0.123-100%0.126-100%
Eps--0.1750.254-31%0.202-14%0.219-20%0.205-15%
Free Cash Flow Per Share--4.7511.176+304%-0.349+107%-0.128+103%-0.925+119%
Free Cash Flow To Equity Per Share--4.7512.963+60%1.222+289%2.590+83%1.845+158%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--95.969--------
Intrinsic Value_10Y_min--79.950--------
Intrinsic Value_1Y_max--2.103--------
Intrinsic Value_1Y_min--2.061--------
Intrinsic Value_3Y_max--12.044--------
Intrinsic Value_3Y_min--11.383--------
Intrinsic Value_5Y_max--28.890--------
Intrinsic Value_5Y_min--26.322--------
Market Cap56873195814.400+4%54416916028.80058210019095.080-7%65744375150.227-17%60112866275.198-9%57149727728.112-5%
Net Profit Margin--0.1520.243-38%0.204-26%0.238-36%0.215-29%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.179-100%0.227-100%
Pb Ratio0.805+4%0.7700.863-11%1.055-27%0.997-23%1.239-38%
Pe Ratio21.544+4%20.61416.207+27%64.097-68%31.582-35%25.280-18%
Price Per Share15.050+4%14.40015.404-7%17.398-17%14.972-4%14.655-2%
Price To Free Cash Flow Ratio0.792+4%0.7581.032-27%-17.247+2376%-0.206+127%1.190-36%
Price To Total Gains Ratio21.604+4%20.67133.285-38%11.114+86%22.180-7%-24.919+221%
Quick Ratio---0.018-100%0.028-100%0.048-100%0.063-100%
Return On Assets--0.0010.001-41%0.001-33%0.001-41%0.001-46%
Return On Equity--0.0100.017-42%0.015-34%0.016-39%0.018-46%
Total Gains Per Share--0.6970.498+40%0.012+5928%0.395+76%0.403+73%
Usd Book Value--2211108841.5002117055628.000+4%1948942271.625+13%1910309359.270+16%1550858775.028+43%
Usd Book Value Change Per Share--0.0220.016+40%-0.006+126%0.009+156%0.009+151%
Usd Book Value Per Share--0.5850.560+4%0.516+13%0.494+19%0.404+45%
Usd Dividend Per Share----0%0.006-100%0.004-100%0.004-100%
Usd Eps--0.0050.008-31%0.006-14%0.007-20%0.006-15%
Usd Free Cash Flow--561972438.300139112685.675+304%-41252781.825+107%-16302709.855+103%-79900268.243+114%
Usd Free Cash Flow Per Share--0.1490.037+304%-0.011+107%-0.004+103%-0.029+119%
Usd Free Cash Flow To Equity Per Share--0.1490.093+60%0.038+289%0.081+83%0.058+158%
Usd Market Cap1780131028.991+4%1703249471.7011821973597.676-7%2057798942.202-17%1881532714.414-9%1788786477.890-5%
Usd Price Per Share0.471+4%0.4510.482-7%0.545-17%0.469-4%0.459-2%
Usd Profit--20656654.10033782762.950-39%27693222.750-25%29924818.850-31%26349962.123-22%
Usd Revenue--136116062.800138731866.400-2%134001137.450+2%125057320.515+9%122562618.180+11%
Usd Total Gains Per Share--0.0220.016+40%0.000+5928%0.012+76%0.013+73%
 EOD+4 -4MRQTTM+17 -14YOY+19 -145Y+17 -1710Y+21 -13

3.2. Fundamental Score

Let's check the fundamental score of Union Bank of Taiwan based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.544
Price to Book Ratio (EOD)Between0-10.805
Net Profit Margin (MRQ)Greater than00.152
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.925
Debt to Equity Ratio (MRQ)Less than112.691
Return on Equity (MRQ)Greater than0.150.010
Return on Assets (MRQ)Greater than0.050.001
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Union Bank of Taiwan based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.349
Ma 20Greater thanMa 5014.988
Ma 50Greater thanMa 10014.470
Ma 100Greater thanMa 20014.198
OpenGreater thanClose15.100
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TWD. All numbers in thousands.

Summary
Total Assets939,147,045
Total Liabilities868,504,590
Total Stockholder Equity68,433,952
 As reported
Total Liabilities 868,504,590
Total Stockholder Equity+ 68,433,952
Total Assets = 939,147,045

Assets

Total Assets939,147,045
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 43,300,547
Total Current Assets  (as reported)0
Total Current Assets  (calculated)43,300,547
+/- 43,300,547
Long-term Assets
Property Plant Equipment 17,170,328
Goodwill 1,985,306
Long Term Investments 196,747,506
Intangible Assets 176,106
Long-term Assets  (as reported)0
Long-term Assets  (calculated)216,079,246
+/- 216,079,246

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity68,433,952
Total Current Liabilities
Accounts payable 9,166,930
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)9,166,930
+/- 9,166,930
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 5,623,241
Total Stockholder Equity (as reported)68,433,952
Total Stockholder Equity (calculated)5,623,241
+/- 62,810,711
Other
Capital Stock39,789,525
Common Stock Shares Outstanding 3,778,953
Net Invested Capital 72,361,154
Property Plant and Equipment Gross 17,170,328



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-03-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
190,392,399
185,300,955
175,544,729
204,495,836
247,033,102
328,978,751
0
389,005,127
361,369,436
383,491,960
383,491,960
379,469,040
379,469,040
385,148,293
384,183,553
383,151,896
375,643,557
372,499,359
361,611,526
357,538,762
360,221,323
361,288,360
360,755,550
368,868,873
365,826,462
378,166,652
373,571,735
391,251,392
401,378,015
402,610,186
405,562,758
413,806,619
410,988,312
417,980,358
425,169,658
435,900,265
440,154,972
458,186,838
463,484,023
473,939,218
486,481,573
491,951,476
506,344,492
510,364,220
508,489,197
519,714,501
519,706,481
530,932,301
532,706,570
543,607,366
539,139,063
542,995,281
565,616,287
579,988,713
583,647,889
612,408,766
647,586,094
654,651,267
666,404,080
700,188,611
695,161,187
713,880,595
748,172,265
761,090,209
757,558,002
789,253,051
810,397,309
819,059,634
841,589,146
848,220,448
833,267,383
850,343,046
844,999,933
892,988,335
899,484,559
932,324,703
939,147,045
939,147,045932,324,703899,484,559892,988,335844,999,933850,343,046833,267,383848,220,448841,589,146819,059,634810,397,309789,253,051757,558,002761,090,209748,172,265713,880,595695,161,187700,188,611666,404,080654,651,267647,586,094612,408,766583,647,889579,988,713565,616,287542,995,281539,139,063543,607,366532,706,570530,932,301519,706,481519,714,501508,489,197510,364,220506,344,492491,951,476486,481,573473,939,218463,484,023458,186,838440,154,972435,900,265425,169,658417,980,358410,988,312413,806,619405,562,758402,610,186401,378,015391,251,392373,571,735378,166,652365,826,462368,868,873360,755,550361,288,360360,221,323357,538,762361,611,526372,499,359375,643,557383,151,896384,183,553385,148,293379,469,040379,469,040383,491,960383,491,960361,369,436389,005,1270328,978,751247,033,102204,495,836175,544,729185,300,955190,392,399
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
132,658,249
147,859,563
146,648,184
141,200,686
150,220,721
114,606,451
75,041,570
135,397,462
134,445,119
181,942,586
225,186,677
257,846,276
181,135,186
198,919,095
228,135,499
225,975,614
157,067,218
213,893,290
233,119,518
237,691,351
226,961,629
200,787,641
171,490,872
177,293,765
181,958,600
180,198,960
209,640,854
0
0
00209,640,854180,198,960181,958,600177,293,765171,490,872200,787,641226,961,629237,691,351233,119,518213,893,290157,067,218225,975,614228,135,499198,919,095181,135,186257,846,276225,186,677181,942,586134,445,119135,397,46275,041,570114,606,451150,220,721141,200,686146,648,184147,859,563132,658,249000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
7,631,229
5,794,187
7,697,876
11,948,533
4,274,599
7,412,845
0
8,373,309
7,580,583
9,079,588
9,079,588
5,618,428
5,618,428
6,311,441
5,615,554
8,383,605
6,439,744
5,650,358
5,427,982
5,884,152
5,695,058
5,630,983
5,715,074
6,099,238
9,000,197
6,175,163
5,902,681
6,597,015
8,493,547
9,069,595
9,445,484
9,759,185
9,658,059
82,869,252
64,230,731
62,029,578
62,327,163
67,371,640
64,096,373
65,652,063
59,690,048
57,142,047
57,615,218
59,307,470
56,446,755
55,785,553
49,132,422
52,202,002
50,171,118
48,338,990
51,495,969
8,446,551
12,461,283
9,033,224
13,349,579
12,571,831
20,340,386
35,147,465
34,183,727
38,032,099
29,727,331
33,579,397
39,673,866
30,332,886
33,287,236
33,713,612
38,454,015
33,080,564
43,320,917
33,926,590
32,126,873
36,043,221
37,223,013
41,640,921
38,111,858
45,528,749
43,300,547
43,300,54745,528,74938,111,85841,640,92137,223,01336,043,22132,126,87333,926,59043,320,91733,080,56438,454,01533,713,61233,287,23630,332,88639,673,86633,579,39729,727,33138,032,09934,183,72735,147,46520,340,38612,571,83113,349,5799,033,22412,461,2838,446,55151,495,96948,338,99050,171,11852,202,00249,132,42255,785,55356,446,75559,307,47057,615,21857,142,04759,690,04865,652,06364,096,37367,371,64062,327,16362,029,57864,230,73182,869,2529,658,0599,759,1859,445,4849,069,5958,493,5476,597,0155,902,6816,175,1639,000,1976,099,2385,715,0745,630,9835,695,0585,884,1525,427,9825,650,3586,439,7448,383,6055,615,5546,311,4415,618,4285,618,4289,079,5889,079,5887,580,5838,373,30907,412,8454,274,59911,948,5337,697,8765,794,1877,631,229
       Short-term Investments 
0
0
0
0
9,180,055
21,540,690
0
32,304,753
34,868,228
32,051,716
32,051,716
29,505,972
29,505,972
40,542,063
50,498,664
52,725,989
47,173,080
56,786,442
56,146,625
54,072,265
57,638,609
58,033,410
60,069,835
66,572,351
95,965,465
106,687,725
75,274,617
127,893,131
139,602,073
132,119,540
130,610,744
123,554,376
125,494,026
11,427,060
46,988,627
53,962,804
61,200,544
58,126,474
61,461,280
64,450,526
73,440,355
61,875,975
68,407,447
65,326,915
63,598,257
71,004,829
65,860,273
69,228,676
53,698,031
58,520,480
61,448,696
105,064,953
106,042,431
85,978,016
24,663,707
81,300,345
70,063,586
46,165,597
88,155,628
99,529,419
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000099,529,41988,155,62846,165,59770,063,58681,300,34524,663,70785,978,016106,042,431105,064,95361,448,69658,520,48053,698,03169,228,67665,860,27371,004,82963,598,25765,326,91568,407,44761,875,97573,440,35564,450,52661,461,28058,126,47461,200,54453,962,80446,988,62711,427,060125,494,026123,554,376130,610,744132,119,540139,602,073127,893,13175,274,617106,687,72595,965,46566,572,35160,069,83558,033,41057,638,60954,072,26556,146,62556,786,44247,173,08052,725,98950,498,66440,542,06329,505,97229,505,97232,051,71632,051,71634,868,22832,304,753021,540,6909,180,0550000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,998,933
13,890,114
15,822,222
15,240,955
15,063,339
14,534,539
17,117,183
16,142,203
15,991,870
15,524,801
16,781,230
23,428,238
17,651,191
17,490,357
17,750,762
19,522,080
49,312,459
19,806,848
19,486,873
21,512,966
22,350,032
19,967,931
20,477,815
21,991,847
22,469,860
30,949,927
27,894,567
0
0
0027,894,56730,949,92722,469,86021,991,84720,477,81519,967,93122,350,03221,512,96619,486,87319,806,84849,312,45919,522,08017,750,76217,490,35717,651,19123,428,23816,781,23015,524,80115,991,87016,142,20317,117,18314,534,53915,063,33915,240,95515,822,22213,890,11414,998,933000000000000000000000000000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,262,922
18,885,259
20,322,438
22,606,158
22,907,834
24,423,519
18,532,110
24,301,897
27,065,855
24,890,640
24,474,932
24,713,994
22,618,814
30,373,110
33,713,181
26,579,483
0
32,978,462
35,986,062
32,884,640
36,917,609
33,922,647
32,215,175
36,622,868
30,599,211
0
37,379,658
0
0
0037,379,658030,599,21136,622,86832,215,17533,922,64736,917,60932,884,64035,986,06232,978,462026,579,48333,713,18130,373,11022,618,81424,713,99424,474,93224,890,64027,065,85524,301,89718,532,11024,423,51922,907,83422,606,15820,322,43818,885,25919,262,922000000000000000000000000000000000000000000000000
   > Long-term Assets 00000000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
3,048,563
2,985,168
2,899,707
2,711,607
2,274,614
8,805,235
0
11,072,852
8,645,563
11,226,635
11,226,635
11,304,628
11,304,628
11,231,614
11,156,979
11,031,029
11,153,627
11,071,524
11,113,957
11,093,739
11,021,641
11,146,113
11,558,091
11,813,864
12,095,389
12,440,448
12,956,339
13,141,791
13,287,882
13,424,789
13,415,154
13,497,156
13,599,714
7,714,273
12,200,639
12,065,749
11,983,437
11,967,600
11,969,909
11,971,773
12,006,212
12,112,623
12,549,144
12,593,117
12,545,643
12,621,674
12,642,145
12,719,619
13,310,517
13,318,337
13,327,486
13,408,865
13,362,026
13,428,016
13,423,008
13,332,110
13,359,669
14,505,468
14,551,747
14,724,056
14,749,756
14,805,700
14,897,694
15,300,147
9,667,037
15,470,554
15,524,256
15,592,414
18,010,574
17,929,550
17,672,571
13,919,463
14,193,433
14,985,146
15,931,998
16,579,790
17,170,328
17,170,32816,579,79015,931,99814,985,14614,193,43313,919,46317,672,57117,929,55018,010,57415,592,41415,524,25615,470,5549,667,03715,300,14714,897,69414,805,70014,749,75614,724,05614,551,74714,505,46813,359,66913,332,11013,423,00813,428,01613,362,02613,408,86513,327,48613,318,33713,310,51712,719,61912,642,14512,621,67412,545,64312,593,11712,549,14412,112,62312,006,21211,971,77311,969,90911,967,60011,983,43712,065,74912,200,6397,714,27313,599,71413,497,15613,415,15413,424,78913,287,88213,141,79112,956,33912,440,44812,095,38911,813,86411,558,09111,146,11311,021,64111,093,73911,113,95711,071,52411,153,62711,031,02911,156,97911,231,61411,304,62811,304,62811,226,63511,226,6358,645,56311,072,85208,805,2352,274,6142,711,6072,899,7072,985,1683,048,563
       Goodwill 
0
0
0
0
0
2,757,500
0
2,757,500
2,757,500
2,757,500
2,757,500
2,574,217
2,574,217
2,574,217
2,574,217
2,574,217
2,507,396
2,507,395
2,440,008
2,440,009
2,369,638
2,369,638
2,269,377
2,399,875
2,374,485
2,374,485
2,243,987
2,243,987
2,119,709
2,119,709
1,985,307
1,985,307
1,985,307
2,084,091
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
0
1,985,307
1,985,307
1,985,307
1,985,307
1,985,307
1,985,306
1,985,3061,985,3071,985,3071,985,3071,985,3071,985,30701,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3072,084,0911,985,3071,985,3071,985,3072,119,7092,119,7092,243,9872,243,9872,374,4852,374,4852,399,8752,269,3772,369,6382,369,6382,440,0092,440,0082,507,3952,507,3962,574,2172,574,2172,574,2172,574,2172,574,2172,757,5002,757,5002,757,5002,757,50002,757,50000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
89,424,194
83,999,789
82,512,700
81,817,485
75,479,583
121,499,430
161,844,058
122,866,655
165,365,033
181,434,522
183,223,712
192,264,421
181,544,498
188,670,627
201,244,217
198,677,445
185,069,930
219,940,692
213,112,209
215,895,527
189,498,260
212,554,719
190,595,352
191,293,132
174,655,597
203,930,953
204,862,364
205,045,943
196,747,506
196,747,506205,045,943204,862,364203,930,953174,655,597191,293,132190,595,352212,554,719189,498,260215,895,527213,112,209219,940,692185,069,930198,677,445201,244,217188,670,627181,544,498192,264,421183,223,712181,434,522165,365,033122,866,655161,844,058121,499,43075,479,58381,817,48582,512,70083,999,78989,424,194000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
2,757,500
0
2,757,500
2,757,500
2,757,500
2,757,500
2,574,217
2,574,217
2,574,217
2,574,217
2,574,217
2,507,396
2,507,395
2,440,008
2,440,009
2,369,638
2,369,638
2,269,377
2,399,875
2,374,485
2,374,485
2,243,987
2,243,987
2,119,709
2,119,709
1,985,307
1,985,307
1,985,307
2,084,091
2,079,793
2,079,761
2,049,795
2,046,905
2,048,375
2,048,329
2,050,999
2,049,277
2,154,895
2,148,498
2,144,240
2,143,482
2,140,452
2,139,215
2,167,730
2,173,913
2,168,888
2,169,140
2,169,444
2,161,944
165,051
165,022
177,654
167,664
154,289
139,859
152,150
145,051
134,531
164,911
181,030
206,739
198,049
184,569
193,019
180,746
2,183,627
200,059
199,103
183,838
181,283
184,105
176,106
176,106184,105181,283183,838199,103200,0592,183,627180,746193,019184,569198,049206,739181,030164,911134,531145,051152,150139,859154,289167,664177,654165,022165,0512,161,9442,169,4442,169,1402,168,8882,173,9132,167,7302,139,2152,140,4522,143,4822,144,2402,148,4982,154,8952,049,2772,050,9992,048,3292,048,3752,046,9052,049,7952,079,7612,079,7932,084,0911,985,3071,985,3071,985,3072,119,7092,119,7092,243,9872,243,9872,374,4852,374,4852,399,8752,269,3772,369,6382,369,6382,440,0092,440,0082,507,3952,507,3962,574,2172,574,2172,574,2172,574,2172,574,2172,757,5002,757,5002,757,5002,757,50002,757,50000000
> Total Liabilities 
173,727,017
168,759,137
160,344,203
187,775,665
228,302,356
310,645,009
0
368,423,511
342,686,013
364,284,471
364,284,471
359,076,253
359,076,253
364,524,386
363,496,587
364,123,197
356,937,744
353,678,125
343,365,529
338,884,855
340,962,571
341,742,508
341,012,681
348,203,808
345,517,460
357,397,967
352,295,842
369,195,002
379,188,305
379,567,343
382,435,302
389,956,779
386,678,339
391,821,522
398,308,591
408,340,574
411,474,598
428,561,425
433,061,132
442,688,500
454,174,500
458,779,949
473,196,934
476,100,714
473,338,780
483,820,360
484,129,365
494,415,329
496,488,114
506,695,347
502,463,883
505,522,069
517,429,722
531,017,652
534,591,333
562,004,713
597,527,339
602,398,223
612,540,630
645,205,485
638,911,308
660,198,643
691,637,890
703,330,197
697,365,590
728,413,508
746,032,067
754,619,125
775,724,077
784,293,808
771,989,218
789,598,668
781,883,011
827,765,313
832,809,713
864,314,786
868,504,590
868,504,590864,314,786832,809,713827,765,313781,883,011789,598,668771,989,218784,293,808775,724,077754,619,125746,032,067728,413,508697,365,590703,330,197691,637,890660,198,643638,911,308645,205,485612,540,630602,398,223597,527,339562,004,713534,591,333531,017,652517,429,722505,522,069502,463,883506,695,347496,488,114494,415,329484,129,365483,820,360473,338,780476,100,714473,196,934458,779,949454,174,500442,688,500433,061,132428,561,425411,474,598408,340,574398,308,591391,821,522386,678,339389,956,779382,435,302379,567,343379,188,305369,195,002352,295,842357,397,967345,517,460348,203,808341,012,681341,742,508340,962,571338,884,855343,365,529353,678,125356,937,744364,123,197363,496,587364,524,386359,076,253359,076,253364,284,471364,284,471342,686,013368,423,5110310,645,009228,302,356187,775,665160,344,203168,759,137173,727,017
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
478,552,308
488,453,033
486,458,996
489,047,445
500,859,307
515,465,265
518,780,298
547,825,426
581,857,760
585,026,588
595,403,691
618,460,418
622,872,913
644,154,330
672,902,296
683,423,385
664,097,358
706,452,533
724,902,310
733,581,901
753,649,584
762,144,089
755,929,158
773,137,814
767,888,132
795,870,304
816,479,425
0
0
00816,479,425795,870,304767,888,132773,137,814755,929,158762,144,089753,649,584733,581,901724,902,310706,452,533664,097,358683,423,385672,902,296644,154,330622,872,913618,460,418595,403,691585,026,588581,857,760547,825,426518,780,298515,465,265500,859,307489,047,445486,458,996488,453,033478,552,308000000000000000000000000000000000000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,534,564
62,225,198
53,946,930
2,000,000
2,000,000
3,500,000
1,500,000
1,500,000
1,500,000
366,378
0
633,217
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000633,2170366,3781,500,0001,500,0001,500,0003,500,0002,000,0002,000,00053,946,93062,225,19852,534,564000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,534,564
62,225,198
53,946,930
2,000,000
2,000,000
3,500,000
1,500,000
1,500,000
1,500,000
366,378
0
633,217
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000633,2170366,3781,500,0001,500,0001,500,0003,500,0002,000,0002,000,00053,946,93062,225,19852,534,564000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
467,594
0
778,386
162,252
26,902
26,902
652,794
652,794
580,518
672,651
0
0
0
0
0
0
0
8,199
0
0
0
26,287
0
16,417
0
738,727
427,782
77,115
4,554,880
69,610
374,126
45,680
25,151
20,733
120,652
33,783
52,599
63,900
83,626
0
75,390
93,458
2,591
432,885,330
435,613,415
439,508,686
447,147,361
450,155,797
453,371,702
458,378,086
479,031,741
519,232,837
7,385,286
7,634,134
13,176,606
538,449,644
548,168,663
564,222,083
589,357,830
619,341,613
617,369,750
629,849,676
649,345,933
675,805,308
678,071,690
678,977,389
693,043,095
712,365,576
730,633,956
731,269,866
11,068,166
9,166,930
9,166,93011,068,166731,269,866730,633,956712,365,576693,043,095678,977,389678,071,690675,805,308649,345,933629,849,676617,369,750619,341,613589,357,830564,222,083548,168,663538,449,64413,176,6067,634,1347,385,286519,232,837479,031,741458,378,086453,371,702450,155,797447,147,361439,508,686435,613,415432,885,3302,59193,45875,390083,62663,90052,59933,783120,65220,73325,15145,680374,12669,6104,554,88077,115427,782738,727016,417026,2870008,1990000000672,651580,518652,794652,79426,90226,902162,252778,3860467,59400000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,111,154
2,481,430
2,922,557
2,133,827
4,585,248
1,560,049
5,591,932
5,649,005
4,408,686
4,157,414
5,012,463
2,583,098
1,906,049
2,010,011
4,047,307
3,517,555
121,567
1,495,640
2,512,543
3,034,429
4,928,329
2,357,670
4,615,178
3,625,569
4,347,872
883,557
3,029,563
0
0
003,029,563883,5574,347,8723,625,5694,615,1782,357,6704,928,3293,034,4292,512,5431,495,640121,5673,517,5554,047,3072,010,0111,906,0492,583,0985,012,4634,157,4144,408,6865,649,0055,591,9321,560,0494,585,2482,133,8272,922,5572,481,4304,111,154000000000000000000000000000000000000000000000000
   > Long-term Liabilities 00000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
16,665,382
16,541,818
15,200,526
16,720,171
18,730,746
18,333,742
18,333,742
18,683,423
18,683,423
17,374,456
17,374,456
18,425,112
18,425,112
18,610,937
18,703,801
17,475,225
17,089,221
17,185,454
16,546,401
16,902,214
17,530,230
17,903,534
17,978,343
20,455,808
20,094,470
20,548,771
21,058,353
21,834,878
21,964,663
22,814,755
22,897,522
23,617,303
24,073,405
25,916,944
26,616,096
27,310,291
28,423,332
29,359,362
30,160,084
30,983,036
32,038,122
32,898,729
32,898,262
34,012,659
34,890,164
35,626,504
35,316,265
36,246,049
35,949,316
36,633,271
36,412,889
37,207,952
47,918,675
48,701,674
46,786,541
48,155,477
47,813,029
51,997,695
53,605,732
54,980,873
56,248,301
53,680,411
56,532,779
57,758,276
60,190,835
60,837,925
63,963,657
63,897,145
65,135,311
63,082,025
59,232,881
58,697,490
61,070,422
63,327,102
64,669,315
65,798,990
68,433,952
68,433,95265,798,99064,669,31563,327,10261,070,42258,697,49059,232,88163,082,02565,135,31163,897,14563,963,65760,837,92560,190,83557,758,27656,532,77953,680,41156,248,30154,980,87353,605,73251,997,69547,813,02948,155,47746,786,54148,701,67447,918,67537,207,95236,412,88936,633,27135,949,31636,246,04935,316,26535,626,50434,890,16434,012,65932,898,26232,898,72932,038,12230,983,03630,160,08429,359,36228,423,33227,310,29126,616,09625,916,94424,073,40523,617,30322,897,52222,814,75521,964,66321,834,87821,058,35320,548,77120,094,47020,455,80817,978,34317,903,53417,530,23016,902,21416,546,40117,185,45417,089,22117,475,22518,703,80118,610,93718,425,11218,425,11217,374,45617,374,45618,683,42318,683,42318,333,74218,333,74218,730,74616,720,17115,200,52616,541,81816,665,382
   Common Stock
14,889,264
14,889,264
14,889,264
14,889,264
15,171,292
18,253,942
0
18,277,979
18,277,979
18,280,662
18,280,662
19,188,244
19,188,244
19,188,244
19,188,244
19,188,244
19,188,244
19,188,244
19,188,244
19,188,244
19,188,244
19,188,244
14,511,532
16,459,908
16,459,908
16,459,908
16,459,908
16,459,908
16,459,908
16,459,908
16,459,908
17,239,308
20,060,202
20,060,202
20,060,202
22,165,251
22,165,251
22,165,251
22,165,251
24,509,306
24,509,306
24,509,306
24,509,306
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,051,524
26,900,129
26,900,129
26,900,129
26,900,129
28,844,553
28,844,553
28,844,553
28,844,553
30,933,688
30,933,688
30,933,688
30,933,688
32,952,187
32,952,187
32,952,187
32,952,187
35,940,460
35,940,460
35,940,460
35,940,460
0
0
0035,940,46035,940,46035,940,46035,940,46032,952,18732,952,18732,952,18732,952,18730,933,68830,933,68830,933,68830,933,68828,844,55328,844,55328,844,55328,844,55326,900,12926,900,12926,900,12926,900,12926,051,52426,051,52426,051,52426,051,52426,051,52426,051,52426,051,52426,051,52426,051,52426,051,52426,051,52426,051,52424,509,30624,509,30624,509,30624,509,30622,165,25122,165,25122,165,25122,165,25120,060,20220,060,20220,060,20217,239,30816,459,90816,459,90816,459,90816,459,90816,459,90816,459,90816,459,90816,459,90814,511,53219,188,24419,188,24419,188,24419,188,24419,188,24419,188,24419,188,24419,188,24419,188,24419,188,24419,188,24418,280,66218,280,66218,277,97918,277,979018,253,94215,171,29214,889,26414,889,26414,889,26414,889,264
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000-144,151-295,262-295,262-112,124
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,192,131
1,214,361
1,543,748
1,603,122
1,580,257
1,719,675
2,847,435
2,393,852
1,659,823
3,073,301
6,246,556
4,597,407
4,684,892
2,213,322
6,771,077
4,749,816
5,851,070
5,471,108
6,922,388
5,796,774
5,646,421
3,004,742
2,295,515
-2,254,558
-637,581
402,506
2,939,631
0
0
002,939,631402,506-637,581-2,254,5582,295,5153,004,7425,646,4215,796,7746,922,3885,471,1085,851,0704,749,8166,771,0772,213,3224,684,8924,597,4076,246,5563,073,3011,659,8232,393,8522,847,4351,719,6751,580,2571,603,1221,543,7481,214,3611,192,131000000000000000000000000000000000000000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue17,729,312
Cost of Revenue-0
Gross Profit017,729,312
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative4,722,137
Selling And Marketing Expenses0
Operating Expense04,722,137
 
Net Interest Income (+$)
Interest Income19,970,042
Interest Expense-11,618,055
Other Finance Cost-0
Net Interest Income8,351,987
 
Pretax Income (+$)
Operating Income0
Net Interest Income8,351,987
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,235,3970
EBIT - interestExpense = -11,618,055
4,317,286
15,935,341
Interest Expense11,618,055
Earnings Before Interest and Taxes (EBIT)016,853,452
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax5,235,397
Tax Provision-914,717
Net Income From Continuing Ops4,320,6804,320,680
Net Income4,317,286
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-8,351,987
 

Technical Analysis of Union Bank of Taiwan
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 Union Bank of Taiwan. The general trend of Union Bank of Taiwan is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Union Bank of Taiwan's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Union Bank of Taiwan.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 15.45 < 15.65 < 15.90.

The bearish price targets are: 14.95 > 14.95 > 14.55.

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Union Bank of Taiwan 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 Union Bank of Taiwan. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Union Bank of Taiwan 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 Union Bank of Taiwan. The current macd is 0.20625404.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Union Bank of Taiwan price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Union Bank of Taiwan. 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 Union Bank of Taiwan price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Union Bank of Taiwan Daily Moving Average Convergence/Divergence (MACD) ChartUnion Bank of Taiwan 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 Union Bank of Taiwan. The current adx is 33.60.

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 Union Bank of Taiwan 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
Union Bank of Taiwan 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 Union Bank of Taiwan. The current sar is 15.57.

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
Union Bank of Taiwan 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 Union Bank of Taiwan. The current rsi is 57.35. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Union Bank of Taiwan Daily Relative Strength Index (RSI) ChartUnion Bank of Taiwan 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 Union Bank of Taiwan. The current phase is Correction in bull 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 Union Bank of Taiwan price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Union Bank of Taiwan Daily Stochastic Oscillator ChartUnion Bank of Taiwan 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 Union Bank of Taiwan. The current cci is 25.65.

Union Bank of Taiwan Daily Commodity Channel Index (CCI) ChartUnion Bank of Taiwan 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 Union Bank of Taiwan. The current cmo is 6.25641105.

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
Union Bank of Taiwan Daily Chande Momentum Oscillator (CMO) ChartUnion Bank of Taiwan 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 Union Bank of Taiwan. The current willr is -63.15789474.

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 Union Bank of Taiwan is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Union Bank of Taiwan Daily Williams %R ChartUnion Bank of Taiwan 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 Union Bank of Taiwan.

Union Bank of Taiwan 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 Union Bank of Taiwan. The current atr is 0.1967092.

Union Bank of Taiwan Daily Average True Range (ATR) ChartUnion Bank of Taiwan 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 Union Bank of Taiwan. The current obv is 51,958,383.

Union Bank of Taiwan Daily On-Balance Volume (OBV) ChartUnion Bank of Taiwan 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 Union Bank of Taiwan. The current mfi is 53.11.

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
Union Bank of Taiwan Daily Money Flow Index (MFI) ChartUnion Bank of Taiwan Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Union Bank of Taiwan.

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
2023-11-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24RSI 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15DMI 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
2024-02-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27MACD 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.
2024-02-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-15RSI 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).
2024-03-18MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Union Bank of Taiwan Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Union Bank of Taiwan based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.349
Ma 20Greater thanMa 5014.988
Ma 50Greater thanMa 10014.470
Ma 100Greater thanMa 20014.198
OpenGreater thanClose15.100
Total4/5 (80.0%)
Penke

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