25 XP   0   0   10

Union Bank of Taiwan Pref
Buy, Hold or Sell?

Let's analyse Union Bank of Taiwan Pref together

PenkeI guess you are interested in Union Bank of Taiwan Pref. 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 Pref. 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.

Get notifications about Union Bank of Taiwan Pref

I send you an email if I find something interesting about Union Bank of Taiwan Pref.

Quick analysis of Union Bank of Taiwan Pref (30 sec.)










What can you expect buying and holding a share of Union Bank of Taiwan Pref? (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?
60.0%

What is your share worth?

Current worth
NT$18.69
Expected worth in 1 year
NT$19.83
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
NT$1.13
Return On Investment
2.2%

For what price can you sell your share?

Current Price per Share
NT$52.60
Expected price per share
NT$52.50 - NT$52.80
How sure are you?
50%

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




Live pricePrice per Share (EOD)

NT$52.60

Intrinsic Value Per Share

NT$46.28 - NT$55.53

Total Value Per Share

NT$64.97 - NT$74.23

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




Is Union Bank of Taiwan Pref growing?

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

How much money is Union Bank of Taiwan Pref 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 Pref (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 Pref? (5 min.)

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

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

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

Speculation

The Price per Share of Union Bank of Taiwan Pref is NT$52.60. 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 Pref.
  • 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 Pref, 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$0.28 per quarter. Based on the YOY, the Book Value Change Per Share is NT$-0.61 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 Pref.

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%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.020.0%0.010.0%-0.020.0%0.040.1%0.040.1%
Usd Dividend Per Share0.000.0%0.000.0%0.010.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.0%0.010.0%-0.010.0%0.040.1%0.040.1%
Usd Price Per Share1.61-1.63-1.62-1.63-1.63-
Price to Earnings Ratio73.44-54.08-177.07-82.03-82.03-
Price-to-Total Gains Ratio73.64-52.42-110.86-98.61-98.61-
Price to Book Ratio2.74-2.87-2.93-2.86-2.86-
Price-to-Total Gains Ratio73.64-52.42-110.86-98.61-98.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.64638
Number of shares607
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.04
Usd Total Gains Per Share0.010.04
Gains per Quarter (607 shares)5.3826.15
Gains per Year (607 shares)21.51104.60
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102212109595
20433420189200
30655630284305
40867840379410
5010810049474515
6012912259568620
7015114469663725
8017216679758830
9019418889852935
100215210999471040

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%15.00.00.0100.0%15.00.00.0100.0%15.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%7.05.00.058.3%10.05.00.066.7%10.05.00.066.7%10.05.00.066.7%
Dividend per Share0.00.04.00.0%7.00.05.058.3%9.00.06.060.0%9.00.06.060.0%9.00.06.060.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%12.03.00.080.0%12.03.00.080.0%12.03.00.080.0%

Fundamentals of Union Bank of Taiwan Pref

About Union Bank of Taiwan Pref

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 20:19:06.

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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Union Bank of Taiwan Pref.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Union Bank of Taiwan Pref 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 Pref:

  • 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%5Y24.4%-0.2%
5Y24.4%10Y24.4%0.0%
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%
5Y24.4%22.8%+1.6%
10Y24.4%19.8%+4.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Union Bank of Taiwan Pref to the Banks - Regional industry mean.
  • 0.1% Return on Assets means that Union Bank of Taiwan Pref 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 Pref:

  • 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 Pref is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Union Bank of Taiwan Pref to the Banks - Regional industry mean.
  • 1.0% Return on Equity means Union Bank of Taiwan Pref 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 Pref:

  • 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%5Y1.7%+0.0%
5Y1.7%10Y1.7%0.0%
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%
5Y1.7%2.5%-0.8%
10Y1.7%2.8%-1.1%

1.2. Operating Efficiency of Union Bank of Taiwan Pref.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Union Bank of Taiwan Pref is operating .

  • Measures how much profit Union Bank of Taiwan Pref 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 Pref 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 Pref:

  • 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 Pref 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 Pref:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.3. Liquidity of Union Bank of Taiwan Pref.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Union Bank of Taiwan Pref 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 Pref:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.121-0.121
TTM0.121YOY0.239-0.118
TTM0.1215Y0.217-0.096
5Y0.21710Y0.2170.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.1210.124-0.003
YOY0.2390.225+0.014
5Y0.2170.219-0.002
10Y0.2170.131+0.086
1.3.2. Quick Ratio

Measures if Union Bank of Taiwan Pref 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 Pref 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 Pref:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.018-0.018
TTM0.018YOY0.028-0.009
TTM0.0185Y0.027-0.008
5Y0.02710Y0.0270.000

1.4. Solvency of Union Bank of Taiwan Pref.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Union Bank of Taiwan Pref to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.92 means that Union Bank of Taiwan Pref 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 Pref:

  • 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
TTM0.9265Y0.924+0.002
5Y0.92410Y0.9240.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9250.915+0.010
TTM0.9260.917+0.009
YOY0.9260.919+0.007
5Y0.9240.919+0.005
10Y0.9240.927-0.003
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Union Bank of Taiwan Pref 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 Pref:

  • 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
TTM12.9445Y12.457+0.487
5Y12.45710Y12.4570.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ12.69110.829+1.862
TTM12.94411.013+1.931
YOY12.93011.363+1.567
5Y12.45711.437+1.020
10Y12.45713.038-0.581

2. Market Valuation of Union Bank of Taiwan Pref

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 Pref generates.

  • Above 15 is considered overpriced but always compare Union Bank of Taiwan Pref to the Banks - Regional industry mean.
  • A PE ratio of 73.44 means the investor is paying NT$73.44 for every NT$1 in earnings.

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

  • The EOD is 75.298. Based on the earnings, the company is expensive. -2
  • The MRQ is 73.437. Based on the earnings, the company is expensive. -2
  • The TTM is 54.082. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD75.298MRQ73.437+1.861
MRQ73.437TTM54.082+19.354
TTM54.082YOY177.072-122.990
TTM54.0825Y82.034-27.952
5Y82.03410Y82.0340.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD75.2987.398+67.900
MRQ73.4376.680+66.757
TTM54.0825.295+48.787
YOY177.0726.943+170.129
5Y82.0349.770+72.264
10Y82.0349.943+72.091
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 Pref:

  • The EOD is 2.768. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.699. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.429. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.768MRQ2.699+0.068
MRQ2.699TTM3.429-0.729
TTM3.429YOY-53.272+56.701
TTM3.4295Y6.743-3.315
5Y6.74310Y6.7430.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD2.768-2.069+4.837
MRQ2.699-1.868+4.567
TTM3.429-0.342+3.771
YOY-53.2726.448-59.720
5Y6.7430.429+6.314
10Y6.7430.091+6.652
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Union Bank of Taiwan Pref 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 2.74 means the investor is paying NT$2.74 for each NT$1 in book value.

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

  • The EOD is 2.814. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.744. Based on the equity, the company is underpriced. +1
  • The TTM is 2.868. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.814MRQ2.744+0.070
MRQ2.744TTM2.868-0.123
TTM2.868YOY2.926-0.059
TTM2.8685Y2.864+0.004
5Y2.86410Y2.8640.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD2.8140.427+2.387
MRQ2.7440.386+2.358
TTM2.8680.470+2.398
YOY2.9260.642+2.284
5Y2.8640.795+2.069
10Y2.8641.025+1.839
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Union Bank of Taiwan Pref 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--0.6970.283+146%-0.607+187%1.246-44%1.246-44%
Book Value Per Share--18.69418.127+3%17.737+5%18.278+2%18.278+2%
Current Ratio---0.121-100%0.239-100%0.217-100%0.217-100%
Debt To Asset Ratio--0.9250.9260%0.9260%0.924+0%0.924+0%
Debt To Equity Ratio--12.69112.944-2%12.930-2%12.457+2%12.457+2%
Dividend Per Share----0%0.210-100%0.130-100%0.130-100%
Eps--0.1750.258-32%0.216-19%0.270-35%0.270-35%
Free Cash Flow Per Share--4.7511.191+299%-0.560+112%0.212+2136%0.212+2136%
Free Cash Flow To Equity Per Share--4.7513.036+57%1.089+336%3.310+44%3.310+44%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--55.533--------
Intrinsic Value_10Y_min--46.281--------
Intrinsic Value_1Y_max--1.256--------
Intrinsic Value_1Y_min--1.231--------
Intrinsic Value_3Y_max--7.058--------
Intrinsic Value_3Y_min--6.672--------
Intrinsic Value_5Y_max--16.819--------
Intrinsic Value_5Y_min--15.328--------
Market Cap141494531891.200-37%193860263352.600193834993690.650+0%182089540830.750+6%181011741137.493+7%181011741137.493+7%
Net Profit Margin--0.1520.243-38%0.204-26%0.244-38%0.244-38%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio2.814+2%2.7442.868-4%2.926-6%2.864-4%2.864-4%
Pe Ratio75.298+2%73.43754.082+36%177.072-59%82.034-10%82.034-10%
Price Per Share52.600+2%51.30051.950-1%51.800-1%52.220-2%52.220-2%
Price To Free Cash Flow Ratio2.768+2%2.6993.429-21%-53.272+2074%6.743-60%6.743-60%
Price To Total Gains Ratio75.506+2%73.64052.415+40%110.855-34%98.612-25%98.612-25%
Quick Ratio---0.018-100%0.028-100%0.027-100%0.027-100%
Return On Assets--0.0010.001-41%0.001-33%0.001-43%0.001-43%
Return On Equity--0.0100.017-42%0.015-34%0.017-42%0.017-42%
Total Gains Per Share--0.6970.283+146%-0.397+157%1.376-49%1.376-49%
Usd Book Value--2211108841.5002117055628.000+4%1948942271.625+13%1981526851.273+12%1981526851.273+12%
Usd Book Value Change Per Share--0.0220.009+146%-0.019+187%0.039-44%0.039-44%
Usd Book Value Per Share--0.5850.567+3%0.555+5%0.572+2%0.572+2%
Usd Dividend Per Share----0%0.007-100%0.004-100%0.004-100%
Usd Eps--0.0050.008-32%0.007-19%0.008-35%0.008-35%
Usd Free Cash Flow--561972438.300139112685.675+304%-41252781.825+107%30592359.167+1737%30592359.167+1737%
Usd Free Cash Flow Per Share--0.1490.037+299%-0.018+112%0.007+2136%0.007+2136%
Usd Free Cash Flow To Equity Per Share--0.1490.095+57%0.034+336%0.104+44%0.104+44%
Usd Market Cap4428778848.195-37%6067826242.9366067035302.517+0%5699402628.002+6%5665667497.604+7%5665667497.604+7%
Usd Price Per Share1.646+2%1.6061.626-1%1.621-1%1.634-2%1.634-2%
Usd Profit--20656654.10033782762.950-39%27693222.750-25%32120360.480-36%32120360.480-36%
Usd Revenue--136116062.800138731866.400-2%134001137.450+2%131409371.207+4%131409371.207+4%
Usd Total Gains Per Share--0.0220.009+146%-0.012+157%0.043-49%0.043-49%
 EOD+2 -6MRQTTM+20 -11YOY+20 -135Y+15 -1810Y+15 -18

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1575.298
Price to Book Ratio (EOD)Between0-12.814
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
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.727
Ma 20Greater thanMa 5052.405
Ma 50Greater thanMa 10052.152
Ma 100Greater thanMa 20051.638
OpenGreater thanClose52.500
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.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-30
> Total Assets 
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
939,147,045932,324,703899,484,559892,988,335844,999,933850,343,046833,267,383848,220,448841,589,146819,059,634810,397,309789,253,051757,558,002761,090,209748,172,265
   > Total Current Assets 
0
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
00209,640,854180,198,960181,958,600177,293,765171,490,872200,787,641226,961,629237,691,351233,119,518213,893,290157,067,218225,975,6140
       Cash And Cash Equivalents 
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
43,300,54745,528,74938,111,85841,640,92137,223,01336,043,22132,126,87333,926,59043,320,91733,080,56438,454,01533,713,61233,287,23630,332,88639,673,866
       Net Receivables 
0
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
0027,894,56730,949,92722,469,86021,991,84720,477,81519,967,93122,350,03221,512,96619,486,87319,806,84849,312,45919,522,0800
       Other Current Assets 
0
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
0037,379,658030,599,21136,622,86832,215,17533,922,64736,917,60932,884,64035,986,06232,978,462026,579,4830
   > Long-term Assets 000000000000000
       Property Plant Equipment 
0
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
17,170,32816,579,79015,931,99814,985,14614,193,43313,919,46317,672,57117,929,55018,010,57415,592,41415,524,25615,470,5549,667,03715,300,1470
       Goodwill 
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
1,985,3061,985,3071,985,3071,985,3071,985,3071,985,30701,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,3071,985,307
       Long Term Investments 
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
196,747,506205,045,943204,862,364203,930,953174,655,597191,293,132190,595,352212,554,719189,498,260215,895,527213,112,209219,940,692185,069,930198,677,445201,244,217
       Intangible Assets 
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
176,106184,105181,283183,838199,103200,0592,183,627180,746193,019184,569198,049206,739181,030164,911134,531
       Other Assets 
0
421,266,779
438,469,328
449,156,491
453,025,532
461,431,710
501,364,972
522,271,714
535,344,098
547,068,537
542,608,571
550,019,077
564,060,585
0
0
00564,060,585550,019,077542,608,571547,068,537535,344,098522,271,714501,364,972461,431,710453,025,532449,156,491438,469,328421,266,7790
> Total Liabilities 
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
868,504,590864,314,786832,809,713827,765,313781,883,011789,598,668771,989,218784,293,808775,724,077754,619,125746,032,067728,413,508697,365,590703,330,197691,637,890
   > Total Current Liabilities 
0
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
00816,479,425795,870,304767,888,132773,137,814755,929,158762,144,089753,649,584733,581,901724,902,310706,452,533664,097,358683,423,3850
       Accounts payable 
7,294,427
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
9,166,93011,068,166731,269,866730,633,956712,365,576693,043,095678,977,389678,071,690675,805,308649,345,933629,849,676617,369,750619,341,613589,357,8307,294,427
       Other Current Liabilities 
0
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
003,029,563883,5574,347,8723,625,5694,615,1782,357,6704,928,3293,034,4292,512,5431,495,640121,5673,517,5550
   > Long-term Liabilities 000000000000000
       Other Liabilities 
0
7,323,667
11,149,434
8,295,618
9,496,442
8,619,172
8,170,194
8,427,690
7,897,785
8,388,359
7,401,691
12,507,293
8,919,074
0
0
008,919,07412,507,2937,401,6918,388,3597,897,7858,427,6908,170,1948,619,1729,496,4428,295,61811,149,4347,323,6670
> Total Stockholder Equity
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
68,433,95265,798,99064,669,31563,327,10261,070,42258,697,49059,232,88163,082,02565,135,31163,897,14563,963,65760,837,92560,190,83557,758,27656,532,779
   Common Stock
0
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
0035,940,46035,940,46035,940,46035,940,46032,952,18732,952,18732,952,18732,952,18730,933,68830,933,68830,933,68830,933,6880
   Retained Earnings 
2,370,595
12,034,737
13,366,042
14,393,094
16,067,546
15,101,830
16,484,719
17,073,112
13,933,195
14,934,762
15,690,717
16,907,310
15,695,758
5,020,420
5,623,241
5,623,2415,020,42015,695,75816,907,31015,690,71714,934,76213,933,19517,073,11216,484,71915,101,83016,067,54614,393,09413,366,04212,034,7372,370,595
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
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
002,939,631402,506-637,581-2,254,5582,295,5153,004,7425,646,4215,796,7746,922,3885,471,1085,851,0704,749,8160



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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

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

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: 52.80 < 52.80.

The bearish price targets are: 52.50 > 52.50 > 52.50.

Tweet this
Union Bank of Taiwan Pref 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 Pref. The current mas is .

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

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

Directionalities and relatives.

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

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

Union Bank of Taiwan Pref 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 Pref. The current macd is 0.13589137.

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 Union Bank of Taiwan Pref price going up 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 Pref. 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 Pref 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 Pref Daily Moving Average Convergence/Divergence (MACD) ChartUnion Bank of Taiwan Pref 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 Pref. The current adx is 40.24.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Union Bank of Taiwan Pref shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Union Bank of Taiwan Pref 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 Pref. The current sar is 52.33.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Union Bank of Taiwan Pref 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 Pref. The current rsi is 74.73. The current phase is Overbought in bull market.

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

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Union Bank of Taiwan Pref Daily Relative Strength Index (RSI) ChartUnion Bank of Taiwan Pref 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 Pref. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Union Bank of Taiwan Pref price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Union Bank of Taiwan Pref Daily Stochastic Oscillator ChartUnion Bank of Taiwan Pref 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 Pref. The current cci is 93.09.

Union Bank of Taiwan Pref Daily Commodity Channel Index (CCI) ChartUnion Bank of Taiwan Pref 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 Pref. The current cmo is 53.61.

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 Pref Daily Chande Momentum Oscillator (CMO) ChartUnion Bank of Taiwan Pref 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 Pref. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Union Bank of Taiwan Pref Daily Williams %R ChartUnion Bank of Taiwan Pref 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 Pref.

Union Bank of Taiwan Pref 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 Pref. The current atr is 0.14272682.

Union Bank of Taiwan Pref Daily Average True Range (ATR) ChartUnion Bank of Taiwan Pref 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 Pref. The current obv is -961,677.

Union Bank of Taiwan Pref Daily On-Balance Volume (OBV) ChartUnion Bank of Taiwan Pref 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 Pref. The current mfi is 77.23.

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

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Union Bank of Taiwan Pref.

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
2023-11-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2023-11-08BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2023-11-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29SAR 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
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Union Bank of Taiwan Pref Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.727
Ma 20Greater thanMa 5052.405
Ma 50Greater thanMa 10052.152
Ma 100Greater thanMa 20051.638
OpenGreater thanClose52.500
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Union Bank of Taiwan Pref with someone you think should read this too:
  • Are you bullish or bearish on Union Bank of Taiwan Pref? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Union Bank of Taiwan Pref? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Union Bank of Taiwan Pref

I send you an email if I find something interesting about Union Bank of Taiwan Pref.


Comments

How you think about this?

Leave a comment

Stay informed about Union Bank of Taiwan Pref.

Receive notifications about Union Bank of Taiwan Pref in your mailbox!