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Union Optech Co Ltd
Buy, Hold or Sell?

Let's analyse Union Optech Co Ltd together

PenkeI guess you are interested in Union Optech Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Union Optech Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Union Optech Co Ltd (30 sec.)










What can you expect buying and holding a share of Union Optech Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.03
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥6.15
Expected worth in 1 year
¥6.43
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥0.50
Return On Investment
3.1%

For what price can you sell your share?

Current Price per Share
¥16.49
Expected price per share
¥12.07 - ¥18.77
How sure are you?
50%

1. Valuation of Union Optech Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥16.49

Intrinsic Value Per Share

¥13.55 - ¥16.48

Total Value Per Share

¥19.71 - ¥22.63

2. Growth of Union Optech Co Ltd (5 min.)




Is Union Optech Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$229.2m$214m$10.9m4.9%

How much money is Union Optech Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$2.1m$1.8m$278.3k13.1%
Net Profit Margin3.6%2.7%--

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

3. Financial Health of Union Optech Co Ltd (5 min.)




4. Comparing to competitors in the Electronic Components industry (5 min.)




  Industry Rankings (Electronic Components)  


Richest
#218 / 524

Most Revenue
#250 / 524

Most Profit
#259 / 524

Most Efficient
#275 / 524

What can you expect buying and holding a share of Union Optech Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Union Optech Co Ltd?

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

Speculation

The Price per Share of Union Optech Co Ltd is ¥16.49. 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 Optech Co Ltd.
  • 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 Optech Co Ltd, 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 ¥6.15. Based on the TTM, the Book Value Change Per Share is ¥0.07 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.53 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 ¥0.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Union Optech Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.010.0%0.010.1%0.010.0%0.010.1%0.010.1%
Usd Book Value Change Per Share0.010.1%0.010.1%0.070.4%0.040.3%0.040.3%
Usd Dividend Per Share0.000.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.020.1%0.020.1%0.080.5%0.050.3%0.050.3%
Usd Price Per Share2.62-2.25-2.33-2.35-2.35-
Price to Earnings Ratio126.19-66.83-44.16-53.38-53.38-
Price-to-Total Gains Ratio154.67-137.29-1,021.47-343.69-343.69-
Price to Book Ratio3.08-2.68-2.93-4.12-4.12-
Price-to-Total Gains Ratio154.67-137.29-1,021.47-343.69-343.69-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.282216
Number of shares438
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.010.04
Usd Total Gains Per Share0.020.05
Gains per Quarter (438 shares)7.6422.35
Gains per Year (438 shares)30.5489.38
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1141721117979
228335222157168
342508333236257
4566611443314346
5708314554393435
68410017665471524
79711620776550613
811113323887628702
912515026998707791
10139166300109785880

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%11.01.00.091.7%17.02.00.089.5%17.02.00.089.5%17.02.00.089.5%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%16.03.00.084.2%16.03.00.084.2%16.03.00.084.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%

Fundamentals of Union Optech Co Ltd

About Union Optech Co Ltd

Union Optech Co.,Ltd. engages in the design, development, manufacture, and sale of optical lens in China. The company offers laser displays, high-end optical zoom lens, SLR camera lens, mobile phone camera lens, automotive camera modules, projector lens, consumer lens, video fields, and cell phone camera. Its products are used in 4K laser display, video surveillance, intelligent terminals, automotive imaging systems, video conferencing, digital cameras, and virtual reality VR products. The company was founded in 2005 and is based in Zhongshan, China.

Fundamental data was last updated by Penke on 2024-03-11 03:42:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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 Optech Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Union Optech Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Union Optech Co Ltd to the Electronic Components industry mean.
  • A Net Profit Margin of 2.2% means that ¥0.02 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Union Optech Co Ltd:

  • The MRQ is 2.2%. The company is making a profit. +1
  • The TTM is 3.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.2%TTM3.6%-1.4%
TTM3.6%YOY2.7%+0.9%
TTM3.6%5Y3.9%-0.3%
5Y3.9%10Y3.9%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%3.6%-1.4%
TTM3.6%4.1%-0.5%
YOY2.7%5.4%-2.7%
5Y3.9%4.4%-0.5%
10Y3.9%4.8%-0.9%
1.1.2. Return on Assets

Shows how efficient Union Optech Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Union Optech Co Ltd to the Electronic Components industry mean.
  • 0.4% Return on Assets means that Union Optech Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Union Optech Co Ltd:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.6%-0.2%
TTM0.6%YOY0.5%+0.1%
TTM0.6%5Y0.8%-0.2%
5Y0.8%10Y0.8%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%0.8%-0.4%
TTM0.6%0.9%-0.3%
YOY0.5%1.3%-0.8%
5Y0.8%1.1%-0.3%
10Y0.8%1.1%-0.3%
1.1.3. Return on Equity

Shows how efficient Union Optech Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Union Optech Co Ltd to the Electronic Components industry mean.
  • 0.6% Return on Equity means Union Optech Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Union Optech Co Ltd:

  • The MRQ is 0.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.9%-0.3%
TTM0.9%YOY0.9%+0.1%
TTM0.9%5Y1.4%-0.5%
5Y1.4%10Y1.4%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.5%-0.9%
TTM0.9%1.5%-0.6%
YOY0.9%2.5%-1.6%
5Y1.4%2.1%-0.7%
10Y1.4%2.1%-0.7%

1.2. Operating Efficiency of Union Optech Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Union Optech Co Ltd is operating .

  • Measures how much profit Union Optech Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Union Optech Co Ltd to the Electronic Components industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Union Optech Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM4.3%-4.3%
TTM4.3%YOY0.9%+3.4%
TTM4.3%5Y3.9%+0.4%
5Y3.9%10Y3.9%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.6%-5.6%
TTM4.3%2.1%+2.2%
YOY0.9%5.3%-4.4%
5Y3.9%5.3%-1.4%
10Y3.9%4.3%-0.4%
1.2.2. Operating Ratio

Measures how efficient Union Optech Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Components industry mean).
  • An Operation Ratio of 1.76 means that the operating costs are ¥1.76 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Union Optech Co Ltd:

  • The MRQ is 1.759. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.730. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.759TTM1.730+0.029
TTM1.730YOY1.735-0.005
TTM1.7305Y1.735-0.005
5Y1.73510Y1.7350.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7591.732+0.027
TTM1.7301.729+0.001
YOY1.7351.714+0.021
5Y1.7351.690+0.045
10Y1.7351.487+0.248

1.3. Liquidity of Union Optech Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Union Optech Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
  • A Current Ratio of 2.78 means the company has ¥2.78 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Union Optech Co Ltd:

  • The MRQ is 2.777. The company is able to pay all its short-term debts. +1
  • The TTM is 2.322. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.777TTM2.322+0.455
TTM2.322YOY1.860+0.463
TTM2.3225Y1.786+0.536
5Y1.78610Y1.7860.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7771.861+0.916
TTM2.3221.846+0.476
YOY1.8601.849+0.011
5Y1.7861.890-0.104
10Y1.7861.689+0.097
1.3.2. Quick Ratio

Measures if Union Optech Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Union Optech Co Ltd to the Electronic Components industry mean.
  • A Quick Ratio of 0.75 means the company can pay off ¥0.75 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Union Optech Co Ltd:

  • The MRQ is 0.749. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.710. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.749TTM0.710+0.039
TTM0.710YOY0.555+0.155
TTM0.7105Y0.632+0.078
5Y0.63210Y0.6320.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7490.773-0.024
TTM0.7100.759-0.049
YOY0.5550.809-0.254
5Y0.6320.847-0.215
10Y0.6320.882-0.250

1.4. Solvency of Union Optech Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Union Optech Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Union Optech Co Ltd to Electronic Components industry mean.
  • A Debt to Asset Ratio of 0.36 means that Union Optech Co Ltd assets are financed with 35.8% credit (debt) and the remaining percentage (100% - 35.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Union Optech Co Ltd:

  • The MRQ is 0.358. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.365. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.358TTM0.365-0.007
TTM0.365YOY0.382-0.017
TTM0.3655Y0.404-0.038
5Y0.40410Y0.4040.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3580.422-0.064
TTM0.3650.424-0.059
YOY0.3820.445-0.063
5Y0.4040.442-0.038
10Y0.4040.426-0.022
1.4.2. Debt to Equity Ratio

Measures if Union Optech Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Union Optech Co Ltd to the Electronic Components industry mean.
  • A Debt to Equity ratio of 55.7% means that company has ¥0.56 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Union Optech Co Ltd:

  • The MRQ is 0.557. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.576. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.557TTM0.576-0.019
TTM0.576YOY0.619-0.043
TTM0.5765Y0.687-0.111
5Y0.68710Y0.6870.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5570.748-0.191
TTM0.5760.757-0.181
YOY0.6190.824-0.205
5Y0.6870.822-0.135
10Y0.6870.804-0.117

2. Market Valuation of Union Optech Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Union Optech Co Ltd generates.

  • Above 15 is considered overpriced but always compare Union Optech Co Ltd to the Electronic Components industry mean.
  • A PE ratio of 126.19 means the investor is paying ¥126.19 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Union Optech Co Ltd:

  • The EOD is 109.805. Based on the earnings, the company is expensive. -2
  • The MRQ is 126.186. Based on the earnings, the company is expensive. -2
  • The TTM is 66.831. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD109.805MRQ126.186-16.381
MRQ126.186TTM66.831+59.355
TTM66.831YOY44.158+22.673
TTM66.8315Y53.375+13.455
5Y53.37510Y53.3750.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD109.80514.767+95.038
MRQ126.18614.696+111.490
TTM66.83114.600+52.231
YOY44.15812.909+31.249
5Y53.37518.612+34.763
10Y53.37523.001+30.374
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Union Optech Co Ltd:

  • The EOD is 13.306. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 15.292. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 6.077. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD13.306MRQ15.292-1.985
MRQ15.292TTM6.077+9.215
TTM6.077YOY34.938-28.861
TTM6.0775Y-18.830+24.906
5Y-18.83010Y-18.8300.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD13.3065.304+8.002
MRQ15.2925.406+9.886
TTM6.0772.989+3.088
YOY34.9381.824+33.114
5Y-18.8301.629-20.459
10Y-18.8301.916-20.746
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Union Optech Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electronic Components industry mean).
  • A PB ratio of 3.08 means the investor is paying ¥3.08 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Union Optech Co Ltd:

  • The EOD is 2.680. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.079. Based on the equity, the company is fair priced.
  • The TTM is 2.684. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.680MRQ3.079-0.400
MRQ3.079TTM2.684+0.396
TTM2.684YOY2.931-0.247
TTM2.6845Y4.116-1.433
5Y4.11610Y4.1160.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD2.6801.807+0.873
MRQ3.0791.910+1.169
TTM2.6841.949+0.735
YOY2.9311.921+1.010
5Y4.1162.147+1.969
10Y4.1162.257+1.859
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Union Optech Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1070.069+56%0.534-80%0.324-67%0.324-67%
Book Value Per Share--6.1546.037+2%5.744+7%4.476+37%4.476+37%
Current Ratio--2.7772.322+20%1.860+49%1.786+55%1.786+55%
Debt To Asset Ratio--0.3580.365-2%0.382-6%0.404-11%0.404-11%
Debt To Equity Ratio--0.5570.576-3%0.619-10%0.687-19%0.687-19%
Dividend Per Share--0.0150.057-73%0.043-64%0.045-65%0.045-65%
Eps--0.0380.078-52%0.050-25%0.063-41%0.063-41%
Free Cash Flow Per Share--0.3100.140+121%-0.172+156%-0.075+124%-0.075+124%
Free Cash Flow To Equity Per Share--0.3100.300+3%0.321-3%0.099+212%0.099+212%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--16.480--------
Intrinsic Value_10Y_min--13.553--------
Intrinsic Value_1Y_max---0.053--------
Intrinsic Value_1Y_min---0.053--------
Intrinsic Value_3Y_max--1.140--------
Intrinsic Value_3Y_min--1.062--------
Intrinsic Value_5Y_max--3.899--------
Intrinsic Value_5Y_min--3.507--------
Market Cap4439058398.080-15%5101282998.4004368394187.680+17%4524528443.040+13%4572098385.179+12%4572098385.179+12%
Net Profit Margin--0.0220.036-38%0.027-18%0.039-42%0.039-42%
Operating Margin---0.043-100%0.009-100%0.039-100%0.039-100%
Operating Ratio--1.7591.730+2%1.735+1%1.735+1%1.735+1%
Pb Ratio2.680-15%3.0792.684+15%2.931+5%4.116-25%4.116-25%
Pe Ratio109.805-15%126.18666.831+89%44.158+186%53.375+136%53.375+136%
Price Per Share16.490-15%18.95016.228+17%16.808+13%16.984+12%16.984+12%
Price To Free Cash Flow Ratio13.306-15%15.2926.077+152%34.938-56%-18.830+223%-18.830+223%
Price To Total Gains Ratio134.589-15%154.667137.293+13%1021.467-85%343.686-55%343.686-55%
Quick Ratio--0.7490.710+6%0.555+35%0.632+19%0.632+19%
Return On Assets--0.0040.006-34%0.005-25%0.008-53%0.008-53%
Return On Equity--0.0060.009-36%0.009-29%0.014-58%0.014-58%
Total Gains Per Share--0.1230.126-3%0.577-79%0.369-67%0.369-67%
Usd Book Value--229264358.715224924841.636+2%214014258.703+7%166756156.416+37%166756156.416+37%
Usd Book Value Change Per Share--0.0150.009+56%0.074-80%0.045-67%0.045-67%
Usd Book Value Per Share--0.8520.836+2%0.795+7%0.619+37%0.619+37%
Usd Dividend Per Share--0.0020.008-73%0.006-64%0.006-65%0.006-65%
Usd Eps--0.0050.011-52%0.007-25%0.009-41%0.009-41%
Usd Free Cash Flow--11542608.2035214201.248+121%-6417209.208+156%-2790195.104+124%-2790195.104+124%
Usd Free Cash Flow Per Share--0.0430.019+121%-0.024+156%-0.010+124%-0.010+124%
Usd Free Cash Flow To Equity Per Share--0.0430.042+3%0.044-3%0.014+212%0.014+212%
Usd Market Cap614365682.294-15%706017566.979604585755.575+17%626194736.517+13%632778416.509+12%632778416.509+12%
Usd Price Per Share2.282-15%2.6232.246+17%2.326+13%2.351+12%2.351+12%
Usd Profit--1398767.7992132878.262-34%1854522.922-25%2203307.144-37%2203307.144-37%
Usd Revenue--62634131.13657500038.455+9%52082665.798+20%50306358.157+25%50306358.157+25%
Usd Total Gains Per Share--0.0170.017-3%0.080-79%0.051-67%0.051-67%
 EOD+4 -4MRQTTM+19 -16YOY+15 -205Y+17 -1810Y+17 -18

3.2. Fundamental Score

Let's check the fundamental score of Union Optech Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15109.805
Price to Book Ratio (EOD)Between0-12.680
Net Profit Margin (MRQ)Greater than00.022
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.749
Current Ratio (MRQ)Greater than12.777
Debt to Asset Ratio (MRQ)Less than10.358
Debt to Equity Ratio (MRQ)Less than10.557
Return on Equity (MRQ)Greater than0.150.006
Return on Assets (MRQ)Greater than0.050.004
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Union Optech Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.909
Ma 20Greater thanMa 5017.518
Ma 50Greater thanMa 10017.421
Ma 100Greater thanMa 20018.788
OpenGreater thanClose15.780
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  2,67913,79816,478-12,9643,5135,0818,594-22,830-14,236



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets2,578,791
Total Liabilities922,256
Total Stockholder Equity1,654,412
 As reported
Total Liabilities 922,256
Total Stockholder Equity+ 1,654,412
Total Assets = 2,578,791

Assets

Total Assets2,578,791
Total Current Assets1,431,308
Long-term Assets1,147,483
Total Current Assets
Cash And Cash Equivalents 469,429
Short-term Investments 54,400
Net Receivables 331,759
Inventory 377,244
Other Current Assets 31,003
Total Current Assets  (as reported)1,431,308
Total Current Assets  (calculated)1,263,835
+/- 167,473
Long-term Assets
Property Plant Equipment 721,573
Intangible Assets 50,881
Long-term Assets Other 13,844
Long-term Assets  (as reported)1,147,483
Long-term Assets  (calculated)786,298
+/- 361,185

Liabilities & Shareholders' Equity

Total Current Liabilities515,359
Long-term Liabilities406,898
Total Stockholder Equity1,654,412
Total Current Liabilities
Short Long Term Debt 109,342
Accounts payable 313,669
Other Current Liabilities 1,175
Total Current Liabilities  (as reported)515,359
Total Current Liabilities  (calculated)424,187
+/- 91,172
Long-term Liabilities
Long term Debt 343,311
Capital Lease Obligations Min Short Term Debt16,218
Long-term Liabilities  (as reported)406,898
Long-term Liabilities  (calculated)359,529
+/- 47,369
Total Stockholder Equity
Retained Earnings 339,773
Total Stockholder Equity (as reported)1,654,412
Total Stockholder Equity (calculated)339,773
+/- 1,314,639
Other
Capital Stock269,088
Common Stock Shares Outstanding 268,020
Net Invested Capital 2,107,064
Net Working Capital 915,950
Property Plant and Equipment Gross 721,573



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
1,323,598
1,394,995
1,457,540
1,638,347
1,665,827
1,505,490
1,559,078
1,747,137
1,739,919
1,886,173
2,015,695
2,573,801
2,415,223
2,510,402
2,511,119
2,531,585
2,512,876
2,617,333
2,578,791
2,578,7912,617,3332,512,8762,531,5852,511,1192,510,4022,415,2232,573,8012,015,6951,886,1731,739,9191,747,1371,559,0781,505,4901,665,8271,638,3471,457,5401,394,9951,323,598
   > Total Current Assets 
956,066
993,589
1,005,261
1,102,677
1,146,643
873,918
898,638
1,030,589
960,220
1,044,304
1,097,517
1,606,522
1,429,868
1,517,189
1,442,108
1,399,760
1,378,388
1,479,608
1,431,308
1,431,3081,479,6081,378,3881,399,7601,442,1081,517,1891,429,8681,606,5221,097,5171,044,304960,2201,030,589898,638873,9181,146,6431,102,6771,005,261993,589956,066
       Cash And Cash Equivalents 
58,389
144,035
197,001
154,247
314,297
138,638
128,291
231,211
162,101
156,250
162,153
628,090
559,331
574,699
500,923
329,303
442,648
526,657
469,429
469,429526,657442,648329,303500,923574,699559,331628,090162,153156,250162,101231,211128,291138,638314,297154,247197,001144,03558,389
       Short-term Investments 
0
0
0
150,000
120,000
124,120
103,120
4,120
4,120
4,120
4,120
5,000
4,400
4,400
4,400
154,400
9,300
4,400
54,400
54,4004,4009,300154,4004,4004,4004,4005,0004,1204,1204,1204,120103,120124,120120,000150,000000
       Net Receivables 
158,084
224,389
277,554
499,018
277,107
343,794
402,861
544,402
458,160
535,408
489,791
526,533
356,467
440,774
454,405
489,825
264,094
462,409
331,759
331,759462,409264,094489,825454,405440,774356,467526,533489,791535,408458,160544,402402,861343,794277,107499,018277,554224,389158,084
       Inventory 
275,137
259,915
245,945
234,865
256,744
235,478
237,540
237,151
287,546
305,244
371,433
401,242
431,068
430,394
414,096
381,231
419,569
392,481
377,244
377,244392,481419,569381,231414,096430,394431,068401,242371,433305,244287,546237,151237,540235,478256,744234,865245,945259,915275,137
       Other Current Assets 
222,420
185,194
132,718
64,526
178,495
31,881
26,826
13,703
48,293
42,815
70,020
45,206
78,602
66,895
68,283
45,000
1
93,661
31,003
31,00393,661145,00068,28366,89578,60245,20670,02042,81548,29313,70326,82631,881178,49564,526132,718185,194222,420
   > Long-term Assets 
367,532
401,406
452,279
535,669
519,183
631,572
660,440
716,548
779,699
841,869
918,178
967,279
985,355
993,214
1,069,011
1,131,824
1,134,488
1,137,725
1,147,483
1,147,4831,137,7251,134,4881,131,8241,069,011993,214985,355967,279918,178841,869779,699716,548660,440631,572519,183535,669452,279401,406367,532
       Property Plant Equipment 
287,959
314,824
324,752
329,799
329,746
326,445
336,576
382,609
427,335
482,294
530,674
586,516
620,761
637,198
654,909
728,328
718,706
712,909
721,573
721,573712,909718,706728,328654,909637,198620,761586,516530,674482,294427,335382,609336,576326,445329,746329,799324,752314,824287,959
       Intangible Assets 
22,939
2,343
23,353
42,232
42,724
42,180
49,973
50,388
50,080
49,560
49,145
49,526
48,965
48,405
47,949
52,174
51,777
51,200
50,881
50,88151,20051,77752,17447,94948,40548,96549,52649,14549,56050,08050,38849,97342,18042,72442,23223,3532,34322,939
       Other Assets 
16,767
23,756
35,517
36,422
20,305
59,680
95,319
76,479
81,429
79,567
77,647
70,868
68,454
82,958
95,674
53,675
0
51,293
0
051,293053,67595,67482,95868,45470,86877,64779,56781,42976,47995,31959,68020,30536,42235,51723,75616,767
> Total Liabilities 
438,070
536,176
576,069
732,929
741,708
594,893
634,277
795,262
767,406
902,691
1,007,590
1,043,077
889,577
964,125
928,383
930,390
897,609
989,611
922,256
922,256989,611897,609930,390928,383964,125889,5771,043,0771,007,590902,691767,406795,262634,277594,893741,708732,929576,069536,176438,070
   > Total Current Liabilities 
423,092
522,648
562,582
705,628
715,442
569,127
598,987
757,851
731,498
857,454
937,597
948,882
772,096
828,025
699,208
699,376
636,528
630,765
515,359
515,359630,765636,528699,376699,208828,025772,096948,882937,597857,454731,498757,851598,987569,127715,442705,628562,582522,648423,092
       Short-term Debt 
30,000
117,000
150,633
192,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000192,000150,633117,00030,000
       Short Long Term Debt 
30,000
117,000
150,633
192,000
341,895
255,000
284,781
267,000
269,500
339,300
425,000
421,676
391,447
421,409
324,989
266,039
291,803
216,406
109,342
109,342216,406291,803266,039324,989421,409391,447421,676425,000339,300269,500267,000284,781255,000341,895192,000150,633117,00030,000
       Accounts payable 
279,875
297,301
296,706
377,114
293,708
275,560
272,266
424,628
386,032
445,662
423,746
431,710
289,309
324,750
274,665
309,108
248,420
321,310
313,669
313,669321,310248,420309,108274,665324,750289,309431,710423,746445,662386,032424,628272,266275,560293,708377,114296,706297,301279,875
       Other Current Liabilities 
5,168
5,422
5,257
81,643
58,314
14,288
21,276
34,251
48,905
42,190
63,818
53,561
57,778
43,834
58,411
69,742
986
55,877
1,175
1,17555,87798669,74258,41143,83457,77853,56163,81842,19048,90534,25121,27614,28858,31481,6435,2575,4225,168
   > Long-term Liabilities 
14,978
13,528
13,488
27,302
26,266
25,766
35,291
37,412
35,908
45,237
69,993
94,195
117,481
136,100
229,175
231,014
261,082
358,845
406,898
406,898358,845261,082231,014229,175136,100117,48194,19569,99345,23735,90837,41235,29125,76626,26627,30213,48813,52814,978
       Long term Debt 
2,419
1,681
1,298
573
533
0
0
0
0
0
23,822
49,490
73,879
85,996
181,702
173,320
192,670
293,963
343,311
343,311293,963192,670173,320181,70285,99673,87949,49023,822000005335731,2981,6812,419
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
7,052
6,718
4,998
4,645
4,852
4,211
14,836
18,935
17,588
16,218
16,21817,58818,93514,8364,2114,8524,6454,9986,7187,052000000000
       Other Liabilities 
12,559
11,847
12,190
26,728
25,733
25,766
35,291
37,412
35,908
38,185
39,452
39,707
38,958
45,252
43,262
42,859
0
47,295
0
047,295042,85943,26245,25238,95839,70739,45238,18535,90837,41235,29125,76625,73326,72812,19011,84712,559
       Long-term Liabilities Other 
2,419
1,681
1,298
573
533
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000005335731,2981,6812,419
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
760
3,206
2,954
0
2,448
0
02,44802,9543,2067600000000000000
> Total Stockholder Equity
885,528
858,819
881,470
904,491
922,403
908,880
923,088
950,083
970,692
981,674
1,006,300
1,528,956
1,523,855
1,544,449
1,580,920
1,599,327
1,613,388
1,625,854
1,654,412
1,654,4121,625,8541,613,3881,599,3271,580,9201,544,4491,523,8551,528,9561,006,300981,674970,692950,083923,088908,880922,403904,491881,470858,819885,528
   Common Stock
140,878
225,404
225,404
225,065
225,065
222,826
222,952
224,752
225,202
225,202
224,690
265,792
266,059
265,971
267,728
267,881
0
267,471
0
0267,4710267,881267,728265,971266,059265,792224,690225,202225,202224,752222,952222,826225,065225,065225,404225,404140,878
   Retained Earnings 
241,802
211,931
229,416
290,217
280,320
267,583
279,896
306,324
322,074
328,144
347,899
358,068
344,684
356,644
369,593
382,067
322,104
394,383
339,773
339,773394,383322,104382,067369,593356,644344,684358,068347,899328,144322,074306,324279,896267,583280,320290,217229,416211,931241,802
   Accumulated Other Comprehensive Income 0000000000000000000
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,661,851
Cost of Revenue-1,284,960
Gross Profit-376,891
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income71,5390
 
Operating Expense (+$)
Research Development170,647
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense-170,647
 
Net Interest Income (+$)
Interest Income-
Interest Expense-13,461
Other Finance Cost-13,461
Net Interest Income-
 
Pretax Income (+$)
Operating Income71,539
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-71,539
EBIT - interestExpense = -13,461
61,644
75,105
Interest Expense13,461
Earnings Before Interest and Taxes (EBIT)-13,461
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-
Tax Provision-5,260
Net Income From Continuing Ops--5,260
Net Income61,644
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-0
 

Technical Analysis of Union Optech Co Ltd
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 Optech Co Ltd. The general trend of Union Optech Co Ltd is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Union Optech Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Union Optech Co Ltd.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 16.78 < 18.74 < 18.77.

The bearish price targets are: 12.40 > 12.21 > 12.07.

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Union Optech Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Union Optech Co Ltd. The current mas is .

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

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

Directionalities and relatives.

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

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

Union Optech Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Union Optech Co Ltd. The current macd is -0.13184542.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Optech Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Union Optech Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Union Optech Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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 Optech Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartUnion Optech Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Union Optech Co Ltd. The current adx is 16.88.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Union Optech Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Union Optech Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Union Optech Co Ltd. The current sar is 18.48.

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 Optech Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Union Optech Co Ltd. The current rsi is 42.91. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Union Optech Co Ltd Daily Relative Strength Index (RSI) ChartUnion Optech Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Union Optech Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-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 above the STOCH %D 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 Optech Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Union Optech Co Ltd Daily Stochastic Oscillator ChartUnion Optech Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Union Optech Co Ltd. The current cci is -192.08951945.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Union Optech Co Ltd Daily Commodity Channel Index (CCI) ChartUnion Optech Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Union Optech Co Ltd. The current cmo is -20.98015028.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Union Optech Co Ltd Daily Chande Momentum Oscillator (CMO) ChartUnion Optech Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Union Optech Co Ltd. The current willr is -74.75409836.

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 Optech Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Union Optech Co Ltd Daily Williams %R ChartUnion Optech Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Union Optech Co Ltd.

Union Optech Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Union Optech Co Ltd. The current atr is 0.81905164.

Union Optech Co Ltd Daily Average True Range (ATR) ChartUnion Optech Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Union Optech Co Ltd. The current obv is 249,427,463.

Union Optech Co Ltd Daily On-Balance Volume (OBV) ChartUnion Optech Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Union Optech Co Ltd. The current mfi is 58.38.

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 Optech Co Ltd Daily Money Flow Index (MFI) ChartUnion Optech Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Union Optech Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-03DMI 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).
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH 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
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH 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.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13STOCH 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
2023-12-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2023-12-18STOCH 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
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15DMI 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
2024-01-16DMI 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.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22DMI 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.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH 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).
2024-02-29STOCH 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
2024-03-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13DMI 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.
2024-03-14DMI 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.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18DMI 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
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-27BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Union Optech Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Union Optech Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.909
Ma 20Greater thanMa 5017.518
Ma 50Greater thanMa 10017.421
Ma 100Greater thanMa 20018.788
OpenGreater thanClose15.780
Total2/5 (40.0%)
Penke

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