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Anker Innovations Technology Co Ltd
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PenkeI guess you are interested in Anker Innovations Technology 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 Anker Innovations Technology 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.

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Quick analysis of Anker Innovations Technology Co Ltd (30 sec.)










What can you expect buying and holding a share of Anker Innovations Technology Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.34
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥18.92
Expected worth in 1 year
¥21.69
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥5.23
Return On Investment
6.8%

For what price can you sell your share?

Current Price per Share
¥76.55
Expected price per share
¥57.73 - ¥86.25
How sure are you?
50%

1. Valuation of Anker Innovations Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥76.55

Intrinsic Value Per Share

¥59.29 - ¥70.90

Total Value Per Share

¥78.21 - ¥89.81

2. Growth of Anker Innovations Technology Co Ltd (5 min.)




Is Anker Innovations Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1b$880.3m$128.3m12.7%

How much money is Anker Innovations Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$52.8m$40.3m$12.4m23.6%
Net Profit Margin9.5%8.6%--

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

3. Financial Health of Anker Innovations Technology Co Ltd (5 min.)




4. Comparing to competitors in the Consumer Electronics industry (5 min.)




  Industry Rankings (Consumer Electronics)  


Richest
#21 / 130

Most Revenue
#26 / 130

Most Profit
#15 / 130

What can you expect buying and holding a share of Anker Innovations Technology Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Anker Innovations Technology Co Ltd?

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

Speculation

The Price per Share of Anker Innovations Technology Co Ltd is ¥76.55. 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 Anker Innovations Technology 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 Anker Innovations Technology 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 ¥18.92. Based on the TTM, the Book Value Change Per Share is ¥0.69 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.47 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 ¥0.62 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Anker Innovations Technology 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 Eps0.130.2%0.150.2%0.100.1%0.100.1%0.100.1%
Usd Book Value Change Per Share0.140.2%0.100.1%0.070.1%0.160.2%0.160.2%
Usd Dividend Per Share0.000.0%0.090.1%0.030.0%0.040.0%0.040.0%
Usd Total Gains Per Share0.140.2%0.180.2%0.090.1%0.200.3%0.200.3%
Usd Price Per Share12.98-10.62-10.10-11.40-11.40-
Price to Earnings Ratio24.23-18.47-26.40-30.37-30.37-
Price-to-Total Gains Ratio92.86-63.99-114.58-131.84-131.84-
Price to Book Ratio4.96-4.26-4.69-5.56-5.56-
Price-to-Total Gains Ratio92.86-63.99-114.58-131.84-131.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.59452
Number of shares94
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.090.04
Usd Book Value Change Per Share0.100.16
Usd Total Gains Per Share0.180.20
Gains per Quarter (94 shares)17.0218.71
Gains per Year (94 shares)68.0974.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1323658136265
2647212627123140
39610819440185215
412814426253246290
516018033067308365
619221639880369440
722425246693431515
8256288534106492590
9288324602120554665
10320360670133615740

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%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%14.01.01.087.5%14.01.01.087.5%14.01.01.087.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%

Fundamentals of Anker Innovations Technology Co Ltd

About Anker Innovations Technology Co Ltd

Anker Innovations Limited develops and sells mobile charging products. It offers charging accessories, solar and wireless charging, car charging, smart home plugs, and portable power stations under the Anker brand name; speakerphones, headsets, video solutions, and other conferencing solutions under the AnkerWork brand name; robotic vacuum cleaners and wireless security systems under the EUFY brand name; smart portable and home projectors under the NEBULA brand name; and wireless headphones and indoor and outdoor speakers under the Soundcore brand name. The company was founded in 2011 and is based in Changsha, China.

Fundamental data was last updated by Penke on 2024-03-11 05:07:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just 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 fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Anker Innovations Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Anker Innovations Technology Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Anker Innovations Technology Co Ltd to the Consumer Electronics industry mean.
  • A Net Profit Margin of 8.3% means that ¥0.08 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Anker Innovations Technology Co Ltd:

  • The MRQ is 8.3%. The company is making a profit. +1
  • The TTM is 9.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.3%TTM9.5%-1.2%
TTM9.5%YOY8.6%+0.9%
TTM9.5%5Y9.0%+0.5%
5Y9.0%10Y9.0%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ8.3%1.9%+6.4%
TTM9.5%1.5%+8.0%
YOY8.6%2.6%+6.0%
5Y9.0%2.3%+6.7%
10Y9.0%2.5%+6.5%
1.1.2. Return on Assets

Shows how efficient Anker Innovations Technology Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Anker Innovations Technology Co Ltd to the Consumer Electronics industry mean.
  • 3.0% Return on Assets means that Anker Innovations Technology Co Ltd generated ¥0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Anker Innovations Technology Co Ltd:

  • The MRQ is 3.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.0%TTM3.4%-0.3%
TTM3.4%YOY3.3%+0.0%
TTM3.4%5Y3.8%-0.4%
5Y3.8%10Y3.8%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0%0.6%+2.4%
TTM3.4%0.5%+2.9%
YOY3.3%0.7%+2.6%
5Y3.8%0.8%+3.0%
10Y3.8%0.8%+3.0%
1.1.3. Return on Equity

Shows how efficient Anker Innovations Technology Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Anker Innovations Technology Co Ltd to the Consumer Electronics industry mean.
  • 5.2% Return on Equity means Anker Innovations Technology Co Ltd generated ¥0.05 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Anker Innovations Technology Co Ltd:

  • The MRQ is 5.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.3%-0.1%
TTM5.3%YOY4.7%+0.6%
TTM5.3%5Y5.6%-0.2%
5Y5.6%10Y5.6%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%1.4%+3.8%
TTM5.3%1.0%+4.3%
YOY4.7%1.8%+2.9%
5Y5.6%2.0%+3.6%
10Y5.6%2.1%+3.5%

1.2. Operating Efficiency of Anker Innovations Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Anker Innovations Technology Co Ltd is operating .

  • Measures how much profit Anker Innovations Technology 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 Anker Innovations Technology Co Ltd to the Consumer Electronics 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 Anker Innovations Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.4%-5.4%
TTM5.4%YOY6.3%-0.9%
TTM5.4%5Y7.0%-1.6%
5Y7.0%10Y7.0%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.3%-1.3%
TTM5.4%1.4%+4.0%
YOY6.3%3.7%+2.6%
5Y7.0%2.9%+4.1%
10Y7.0%2.6%+4.4%
1.2.2. Operating Ratio

Measures how efficient Anker Innovations Technology Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • An Operation Ratio of 1.46 means that the operating costs are ¥1.46 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Anker Innovations Technology Co Ltd:

  • The MRQ is 1.460. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.481. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.460TTM1.481-0.022
TTM1.481YOY1.588-0.107
TTM1.4815Y1.493-0.012
5Y1.49310Y1.4930.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4601.642-0.182
TTM1.4811.650-0.169
YOY1.5881.641-0.053
5Y1.4931.600-0.107
10Y1.4931.375+0.118

1.3. Liquidity of Anker Innovations Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Anker Innovations Technology Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Consumer Electronics industry mean).
  • A Current Ratio of 2.26 means the company has ¥2.26 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Anker Innovations Technology Co Ltd:

  • The MRQ is 2.255. The company is able to pay all its short-term debts. +1
  • The TTM is 2.855. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.255TTM2.855-0.599
TTM2.855YOY3.493-0.638
TTM2.8555Y3.263-0.408
5Y3.26310Y3.2630.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2551.615+0.640
TTM2.8551.594+1.261
YOY3.4931.551+1.942
5Y3.2631.673+1.590
10Y3.2631.580+1.683
1.3.2. Quick Ratio

Measures if Anker Innovations Technology 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 Anker Innovations Technology Co Ltd to the Consumer Electronics 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 Anker Innovations Technology Co Ltd:

  • The MRQ is 0.752. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.107. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ0.752TTM1.107-0.355
TTM1.107YOY1.268-0.161
TTM1.1075Y1.161-0.054
5Y1.16110Y1.1610.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7520.693+0.059
TTM1.1070.644+0.463
YOY1.2680.724+0.544
5Y1.1610.786+0.375
10Y1.1610.802+0.359

1.4. Solvency of Anker Innovations Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Anker Innovations Technology Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Anker Innovations Technology Co Ltd to Consumer Electronics industry mean.
  • A Debt to Asset Ratio of 0.41 means that Anker Innovations Technology Co Ltd assets are financed with 41.2% credit (debt) and the remaining percentage (100% - 41.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Anker Innovations Technology Co Ltd:

  • The MRQ is 0.412. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.354. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.412TTM0.354+0.058
TTM0.354YOY0.277+0.077
TTM0.3545Y0.301+0.053
5Y0.30110Y0.3010.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4120.501-0.089
TTM0.3540.500-0.146
YOY0.2770.518-0.241
5Y0.3010.510-0.209
10Y0.3010.530-0.229
1.4.2. Debt to Equity Ratio

Measures if Anker Innovations Technology Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Anker Innovations Technology Co Ltd to the Consumer Electronics industry mean.
  • A Debt to Equity ratio of 71.0% means that company has ¥0.71 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Anker Innovations Technology Co Ltd:

  • The MRQ is 0.710. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.561. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.710TTM0.561+0.149
TTM0.561YOY0.390+0.171
TTM0.5615Y0.445+0.116
5Y0.44510Y0.4450.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7100.986-0.276
TTM0.5610.974-0.413
YOY0.3901.079-0.689
5Y0.4451.073-0.628
10Y0.4451.069-0.624

2. Market Valuation of Anker Innovations Technology 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 Anker Innovations Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare Anker Innovations Technology Co Ltd to the Consumer Electronics industry mean.
  • A PE ratio of 24.23 means the investor is paying ¥24.23 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Anker Innovations Technology Co Ltd:

  • The EOD is 19.780. Based on the earnings, the company is fair priced.
  • The MRQ is 24.226. Based on the earnings, the company is fair priced.
  • The TTM is 18.473. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD19.780MRQ24.226-4.447
MRQ24.226TTM18.473+5.753
TTM18.473YOY26.397-7.924
TTM18.4735Y30.373-11.899
5Y30.37310Y30.3730.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD19.7807.974+11.806
MRQ24.2268.105+16.121
TTM18.4737.152+11.321
YOY26.3979.948+16.449
5Y30.37312.213+18.160
10Y30.37321.696+8.677
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Anker Innovations Technology Co Ltd:

  • The EOD is 25.993. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 31.836. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 36.599. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.993MRQ31.836-5.844
MRQ31.836TTM36.599-4.762
TTM36.599YOY13.918+22.681
TTM36.5995Y16.732+19.866
5Y16.73210Y16.7320.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD25.9933.965+22.028
MRQ31.8363.362+28.474
TTM36.5990.075+36.524
YOY13.9180.726+13.192
5Y16.7320.894+15.838
10Y16.7321.202+15.530
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Anker Innovations Technology Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • A PB ratio of 4.96 means the investor is paying ¥4.96 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Anker Innovations Technology Co Ltd:

  • The EOD is 4.047. Based on the equity, the company is fair priced.
  • The MRQ is 4.957. Based on the equity, the company is fair priced.
  • The TTM is 4.259. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.047MRQ4.957-0.910
MRQ4.957TTM4.259+0.697
TTM4.259YOY4.692-0.432
TTM4.2595Y5.556-1.297
5Y5.55610Y5.5560.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD4.0471.601+2.446
MRQ4.9571.606+3.351
TTM4.2591.614+2.645
YOY4.6921.780+2.912
5Y5.5561.970+3.586
10Y5.5562.561+2.995
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Anker Innovations Technology 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--1.0070.693+45%0.473+113%1.182-15%1.182-15%
Book Value Per Share--18.91617.934+5%15.651+21%13.605+39%13.605+39%
Current Ratio--2.2552.855-21%3.493-35%3.263-31%3.263-31%
Debt To Asset Ratio--0.4120.354+16%0.277+49%0.301+37%0.301+37%
Debt To Equity Ratio--0.7100.561+27%0.390+82%0.445+60%0.445+60%
Dividend Per Share--0.0030.616-100%0.203-99%0.256-99%0.256-99%
Eps--0.9681.067-9%0.717+35%0.717+35%0.717+35%
Free Cash Flow Per Share--0.7360.695+6%0.297+148%0.246+199%0.246+199%
Free Cash Flow To Equity Per Share--0.7360.370+99%-0.010+101%0.088+737%0.088+737%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--70.896--------
Intrinsic Value_10Y_min--59.293--------
Intrinsic Value_1Y_max--2.095--------
Intrinsic Value_1Y_min--2.055--------
Intrinsic Value_3Y_max--10.112--------
Intrinsic Value_3Y_min--9.577--------
Intrinsic Value_5Y_max--22.732--------
Intrinsic Value_5Y_min--20.770--------
Market Cap31111987462.400-22%38106614928.32031188207797.163+22%29664105770.913+28%33477409040.590+14%33477409040.590+14%
Net Profit Margin--0.0830.095-12%0.086-3%0.090-7%0.090-7%
Operating Margin---0.054-100%0.063-100%0.070-100%0.070-100%
Operating Ratio--1.4601.481-1%1.588-8%1.493-2%1.493-2%
Pb Ratio4.047-22%4.9574.259+16%4.692+6%5.556-11%5.556-11%
Pe Ratio19.780-22%24.22618.473+31%26.397-8%30.373-20%30.373-20%
Price Per Share76.550-22%93.76076.738+22%72.988+28%82.370+14%82.370+14%
Price To Free Cash Flow Ratio25.993-22%31.83636.599-13%13.918+129%16.732+90%16.732+90%
Price To Total Gains Ratio75.813-22%92.85763.991+45%114.577-19%131.836-30%131.836-30%
Quick Ratio--0.7521.107-32%1.268-41%1.161-35%1.161-35%
Return On Assets--0.0300.034-10%0.033-9%0.038-21%0.038-21%
Return On Equity--0.0520.053-2%0.047+11%0.056-6%0.056-6%
Total Gains Per Share--1.0101.308-23%0.676+49%1.438-30%1.438-30%
Usd Book Value--1064027104.2471008754399.317+5%880368975.128+21%765267783.146+39%765267783.146+39%
Usd Book Value Change Per Share--0.1390.096+45%0.066+113%0.164-15%0.164-15%
Usd Book Value Per Share--2.6182.482+5%2.166+21%1.883+39%1.883+39%
Usd Dividend Per Share--0.0000.085-100%0.028-99%0.035-99%0.035-99%
Usd Eps--0.1340.148-9%0.099+35%0.099+35%0.099+35%
Usd Free Cash Flow--41414767.07739066575.980+6%16684855.457+148%13847667.139+199%13847667.139+199%
Usd Free Cash Flow Per Share--0.1020.096+6%0.041+148%0.034+199%0.034+199%
Usd Free Cash Flow To Equity Per Share--0.1020.051+99%-0.001+101%0.012+737%0.012+737%
Usd Market Cap4305899064.796-22%5273955506.0794316447959.127+22%4105512238.694+28%4633273411.218+14%4633273411.218+14%
Usd Price Per Share10.595-22%12.97610.620+22%10.101+28%11.400+14%11.400+14%
Usd Profit--54423573.02652801633.876+3%40356093.204+35%38530688.943+41%38530688.943+41%
Usd Revenue--653355079.431570915940.400+14%473519573.431+38%433143650.261+51%433143650.261+51%
Usd Total Gains Per Share--0.1400.181-23%0.094+49%0.199-30%0.199-30%
 EOD+4 -4MRQTTM+18 -17YOY+22 -135Y+18 -1710Y+18 -17

3.2. Fundamental Score

Let's check the fundamental score of Anker Innovations Technology Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.780
Price to Book Ratio (EOD)Between0-14.047
Net Profit Margin (MRQ)Greater than00.083
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.752
Current Ratio (MRQ)Greater than12.255
Debt to Asset Ratio (MRQ)Less than10.412
Debt to Equity Ratio (MRQ)Less than10.710
Return on Equity (MRQ)Greater than0.150.052
Return on Assets (MRQ)Greater than0.050.030
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Anker Innovations Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.938
Ma 20Greater thanMa 5082.257
Ma 50Greater thanMa 10079.408
Ma 100Greater thanMa 20083.127
OpenGreater thanClose76.000
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  3,74719,82823,574-16,9926,58214,93921,521-60,398-38,877



Latest Balance Sheet

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

Summary
Total Assets13,064,967
Total Liabilities5,376,910
Total Stockholder Equity7,571,673
 As reported
Total Liabilities 5,376,910
Total Stockholder Equity+ 7,571,673
Total Assets = 13,064,967

Assets

Total Assets13,064,967
Total Current Assets9,383,001
Long-term Assets3,681,966
Total Current Assets
Cash And Cash Equivalents 1,517,959
Short-term Investments 1,760,127
Net Receivables 1,367,252
Inventory 3,062,213
Other Current Assets 1,475,413
Total Current Assets  (as reported)9,383,001
Total Current Assets  (calculated)9,182,964
+/- 200,037
Long-term Assets
Property Plant Equipment 237,635
Intangible Assets 20,519
Long-term Assets Other 1,249,640
Long-term Assets  (as reported)3,681,966
Long-term Assets  (calculated)1,507,794
+/- 2,174,172

Liabilities & Shareholders' Equity

Total Current Liabilities4,160,458
Long-term Liabilities1,216,452
Total Stockholder Equity7,571,673
Total Current Liabilities
Short Long Term Debt 445,579
Accounts payable 2,287,042
Other Current Liabilities 95,690
Total Current Liabilities  (as reported)4,160,458
Total Current Liabilities  (calculated)2,828,312
+/- 1,332,146
Long-term Liabilities
Long term Debt 610,700
Capital Lease Obligations Min Short Term Debt80,501
Long-term Liabilities Other 81,454
Long-term Liabilities  (as reported)1,216,452
Long-term Liabilities  (calculated)772,655
+/- 443,797
Total Stockholder Equity
Retained Earnings 3,930,530
Total Stockholder Equity (as reported)7,571,673
Total Stockholder Equity (calculated)3,930,530
+/- 3,641,143
Other
Capital Stock406,427
Common Stock Shares Outstanding 406,427
Net Invested Capital 8,627,952
Net Working Capital 5,222,543
Property Plant and Equipment Gross 237,635



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312018-03-312017-12-31
> Total Assets 
0
0
3,012,437
0
3,385,250
6,552,734
6,982,754
7,355,419
7,854,104
8,639,550
8,474,232
8,407,536
8,992,558
9,356,320
10,131,989
10,677,449
11,487,384
13,064,967
13,064,96711,487,38410,677,44910,131,9899,356,3208,992,5588,407,5368,474,2328,639,5507,854,1047,355,4196,982,7546,552,7343,385,25003,012,43700
   > Total Current Assets 
1,369,751
1,376,250
2,639,951
0
2,958,254
6,104,807
6,410,545
6,594,801
6,968,518
7,488,513
7,073,282
6,632,349
6,746,815
7,055,764
7,008,906
7,538,948
7,936,211
9,383,001
9,383,0017,936,2117,538,9487,008,9067,055,7646,746,8156,632,3497,073,2827,488,5136,968,5186,594,8016,410,5456,104,8072,958,25402,639,9511,376,2501,369,751
       Cash And Cash Equivalents 
0
0
879,009
0
1,088,352
490,114
712,652
775,825
693,461
506,191
1,162,544
731,530
565,736
647,034
945,552
1,354,201
1,256,021
1,517,959
1,517,9591,256,0211,354,201945,552647,034565,736731,5301,162,544506,191693,461775,825712,652490,1141,088,3520879,00900
       Short-term Investments 
0
0
0
0
0
2,080,000
1,662,878
1,375,807
1,361,503
1,446,695
1,163,738
1,333,979
1,687,348
1,722,439
1,720,219
1,822,305
1,631,815
1,760,127
1,760,1271,631,8151,822,3051,720,2191,722,4391,687,3481,333,9791,163,7381,446,6951,361,5031,375,8071,662,8782,080,00000000
       Net Receivables 
236,317
190,095
583,901
0
509,079
712,590
977,932
741,755
1,199,097
872,869
1,283,865
785,792
1,126,904
1,021,083
1,464,035
819,074
1,526,277
1,367,252
1,367,2521,526,277819,0741,464,0351,021,0831,126,904785,7921,283,865872,8691,199,097741,755977,932712,590509,0790583,901190,095236,317
       Inventory 
414,481
575,888
1,117,372
0
1,194,587
1,667,166
1,629,788
2,117,151
2,382,697
3,073,152
2,142,221
2,480,463
2,417,096
2,570,006
1,548,891
1,994,669
2,335,879
3,062,213
3,062,2132,335,8791,994,6691,548,8912,570,0062,417,0962,480,4632,142,2213,073,1522,382,6972,117,1511,629,7881,667,1661,194,58701,117,372575,888414,481
       Other Current Assets 
177,661
142,912
58,307
0
120,647
1,154,937
69,679
1,584,263
110,577
1,589,606
154,613
1,300,585
108,439
1,095,202
148,970
1,501,746
129,989
1,475,413
1,475,413129,9891,501,746148,9701,095,202108,4391,300,585154,6131,589,606110,5771,584,26369,6791,154,937120,647058,307142,912177,661
   > Long-term Assets 
0
0
372,485
0
426,996
447,927
572,209
760,618
885,586
1,151,037
1,400,950
1,775,187
2,245,743
2,300,556
3,123,083
3,138,501
3,551,172
3,681,966
3,681,9663,551,1723,138,5013,123,0832,300,5562,245,7431,775,1871,400,9501,151,037885,586760,618572,209447,927426,9960372,48500
       Property Plant Equipment 
65,500
47,195
45,354
0
0
52,843
54,280
169,223
175,609
235,593
230,561
215,081
216,884
206,571
205,648
216,922
235,032
237,635
237,635235,032216,922205,648206,571216,884215,081230,561235,593175,609169,22354,28052,8430045,35447,19565,500
       Intangible Assets 
0
0
7,357
0
8,496
9,681
12,425
11,648
11,273
13,176
14,867
14,372
15,559
19,135
20,396
20,058
21,063
20,519
20,51921,06320,05820,39619,13515,55914,37214,86713,17611,27311,64812,4259,6818,49607,35700
       Long-term Assets Other 
0
0
5,938
0
5,082
54,565
2,897
1,898
8,569
21,352
175,143
469,740
473,554
468,369
1,241,016
1,241,050
1,249,269
1,249,640
1,249,6401,249,2691,241,0501,241,016468,369473,554469,740175,14321,3528,5691,8982,89754,5655,08205,93800
> Total Liabilities 
0
0
1,026,682
0
1,104,016
1,432,339
1,518,786
1,672,012
2,295,890
2,846,956
2,332,123
2,062,175
2,598,022
2,794,136
3,187,901
3,433,687
4,208,540
5,376,910
5,376,9104,208,5403,433,6873,187,9012,794,1362,598,0222,062,1752,332,1232,846,9562,295,8901,672,0121,518,7861,432,3391,104,01601,026,68200
   > Total Current Liabilities 
437,507
420,553
940,987
0
982,027
1,327,928
1,330,210
1,374,807
1,897,246
2,410,647
1,848,195
1,598,181
2,099,305
2,537,242
2,143,702
2,329,663
2,986,654
4,160,458
4,160,4582,986,6542,329,6632,143,7022,537,2422,099,3051,598,1811,848,1952,410,6471,897,2461,374,8071,330,2101,327,928982,0270940,987420,553437,507
       Short Long Term Debt 
0
0
0
0
13,162
62,886
112,647
177,746
176,418
238,034
43,064
200,848
480,354
246,965
158,990
158,857
209,264
445,579
445,579209,264158,857158,990246,965480,354200,84843,064238,034176,418177,746112,64762,88613,1620000
       Accounts payable 
285,860
330,228
632,642
0
546,044
787,106
566,438
692,805
1,107,521
1,383,286
875,950
619,273
735,409
1,067,785
785,478
1,038,890
1,377,641
2,287,042
2,287,0421,377,6411,038,890785,4781,067,785735,409619,273875,9501,383,2861,107,521692,805566,438787,106546,0440632,642330,228285,860
       Other Current Liabilities 
93,752
60,883
83,133
0
1,421
301,520
214,135
355,234
217,231
558,247
253,801
505,285
291,393
787,582
311,922
76,506
499,659
95,690
95,690499,65976,506311,922787,582291,393505,285253,801558,247217,231355,234214,135301,5201,421083,13360,88393,752
   > Long-term Liabilities 
0
0
85,694
0
121,988
104,410
188,576
297,205
398,644
436,309
483,927
463,994
498,717
256,895
1,044,199
1,104,024
1,221,885
1,216,452
1,216,4521,221,8851,104,0241,044,199256,895498,717463,994483,927436,309398,644297,205188,576104,410121,988085,69400
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
101,923
59,876
98,426
83,729
65,322
57,414
53,855
47,995
60,566
76,950
80,501
80,50176,95060,56647,99553,85557,41465,32283,72998,42659,876101,9230000000
       Long-term Liabilities Other 
0
0
34,068
0
44,399
37,001
2,335
2,199
7,747
5,406
14,740
15,207
16,009
16,687
72,833
96,928
84,621
81,454
81,45484,62196,92872,83316,68716,00915,20714,7405,4067,7472,1992,33537,00144,399034,06800
       Deferred Long Term Liability 
5,105
10,470
7,992
0
0
8,340
8,165
8,029
15,453
16,115
23,775
23,717
23,285
33,876
34,556
37,724
35,877
0
035,87737,72434,55633,87623,28523,71723,77516,11515,4538,0298,1658,340007,99210,4705,105
> Total Stockholder Equity
0
0
1,964,086
0
2,259,259
5,069,029
5,398,515
5,609,539
5,472,380
5,716,012
6,049,423
6,249,273
6,296,638
6,481,664
6,842,761
7,138,761
7,160,098
7,571,673
7,571,6737,160,0987,138,7616,842,7616,481,6646,296,6386,249,2736,049,4235,716,0125,472,3805,609,5395,398,5155,069,0292,259,25901,964,08600
   Common Stock
365,427
365,427
365,427
0
0
406,427
406,427
406,427
406,427
406,427
406,427
406,427
406,427
406,427
406,427
0
406,427
0
0406,4270406,427406,427406,427406,427406,427406,427406,427406,427406,427406,42700365,427365,427365,427
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
7,088
-4,157
42,878
0
0
31,320
-3,904
-4,312
-21,134
-15,566
-16,669
-14,813
-20,836
-48,546
-6,355
-24,414
350,712
0
0350,712-24,414-6,355-48,546-20,836-14,813-16,669-15,566-21,134-4,312-3,90431,3200042,878-4,1577,088



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 (+$)
totalRevenue16,500,461
Cost of Revenue-9,585,682
Gross Profit6,914,7796,914,779
 
Operating Income (+$)
Gross Profit6,914,779
Operating Expense-14,903,510
Operating Income1,596,951-7,988,731
 
Operating Expense (+$)
Research Development1,311,333
Selling General Administrative3,739,534
Selling And Marketing Expenses-
Operating Expense14,903,5105,050,867
 
Net Interest Income (+$)
Interest Income364
Interest Expense-24,166
Other Finance Cost-79,102
Net Interest Income-102,904
 
Pretax Income (+$)
Operating Income1,596,951
Net Interest Income-102,904
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,675,2021,596,951
EBIT - interestExpense = -24,166
1,525,764
1,549,930
Interest Expense24,166
Earnings Before Interest and Taxes (EBIT)-1,699,368
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,675,202
Tax Provision-90,347
Net Income From Continuing Ops1,584,8551,584,855
Net Income1,525,764
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-102,904
 

Technical Analysis of Anker Innovations Technology 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 Anker Innovations Technology Co Ltd. The general trend of Anker Innovations Technology 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 Anker Innovations Technology 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 Anker Innovations Technology Co Ltd.

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

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

The bullish price targets are: 78.90 < 81.00 < 86.25.

The bearish price targets are: 62.80 > 59.19 > 57.73.

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Anker Innovations Technology 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 Anker Innovations Technology 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 lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Anker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current macd is -0.55396448.

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 Anker Innovations Technology 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 Anker Innovations Technology 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 Anker Innovations Technology 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
Anker Innovations Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current adx is 25.46.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Anker Innovations Technology Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Anker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current sar is 86.97.

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
Anker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current rsi is 37.94. 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
Anker Innovations Technology Co Ltd Daily Relative Strength Index (RSI) ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current phase is Oversold in bear 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 below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Anker Innovations Technology Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Anker Innovations Technology Co Ltd Daily Stochastic Oscillator ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current cci is -236.95091497.

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
Anker Innovations Technology Co Ltd Daily Commodity Channel Index (CCI) ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current cmo is -39.85304744.

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
Anker Innovations Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current willr is -88.27415359.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Anker Innovations Technology Co Ltd Daily Williams %R ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd.

Anker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current atr is 2.98449051.

Anker Innovations Technology Co Ltd Daily Average True Range (ATR) ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current obv is 52,718,979.

Anker Innovations Technology Co Ltd Daily On-Balance Volume (OBV) ChartAnker Innovations Technology 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 Anker Innovations Technology Co Ltd. The current mfi is 36.73.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Anker Innovations Technology Co Ltd Daily Money Flow Index (MFI) ChartAnker Innovations Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Anker Innovations Technology 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
2023-11-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08STOCH 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
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH 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
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23DMI 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.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-01DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH 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).
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Anker Innovations Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Anker Innovations Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.938
Ma 20Greater thanMa 5082.257
Ma 50Greater thanMa 10079.408
Ma 100Greater thanMa 20083.127
OpenGreater thanClose76.000
Total1/5 (20.0%)
Penke

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