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ABC Taiwan Electronics
Buy, Hold or Sell?

Let's analyse ABC Taiwan Electronics together

PenkeI guess you are interested in ABC Taiwan Electronics. 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 ABC Taiwan Electronics. 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 ABC Taiwan Electronics (30 sec.)










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

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
69.2%

What is your share worth?

Current worth
NT$14.59
Expected worth in 1 year
NT$15.49
How sure are you?
92.3%

+ What do you gain per year?

Total Gains per Share
NT$0.90
Return On Investment
4.4%

For what price can you sell your share?

Current Price per Share
NT$20.60
Expected price per share
NT$19.69 - NT$22.35
How sure are you?
50%

1. Valuation of ABC Taiwan Electronics (5 min.)




Live pricePrice per Share (EOD)

NT$20.60

Intrinsic Value Per Share

NT$-16.25 - NT$-19.37

Total Value Per Share

NT$-1.65 - NT$-4.78

2. Growth of ABC Taiwan Electronics (5 min.)




Is ABC Taiwan Electronics growing?

Current yearPrevious yearGrowGrow %
How rich?$47.9m$42.9m$4.3m9.1%

How much money is ABC Taiwan Electronics making?

Current yearPrevious yearGrowGrow %
Making money$857.3k$1.4m-$562.9k-65.7%
Net Profit Margin4.4%5.9%--

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

3. Financial Health of ABC Taiwan Electronics (5 min.)




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




  Industry Rankings (Electronic Components)  


Richest
#405 / 524

Most Revenue
#382 / 524

Most Profit
#312 / 524

Most Efficient
#252 / 524

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

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

What can you expect buying and holding a share of ABC Taiwan Electronics?

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

Speculation

The Price per Share of ABC Taiwan Electronics is NT$20.60. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of ABC Taiwan Electronics.
  • 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 ABC Taiwan Electronics, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is NT$14.59. Based on the TTM, the Book Value Change Per Share is NT$0.22 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.35 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ABC Taiwan Electronics.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.000.0%0.000.0%0.010.1%0.010.0%0.010.0%
Usd Book Value Change Per Share0.010.1%0.010.0%0.010.1%0.040.2%0.040.2%
Usd Dividend Per Share0.000.0%0.000.0%0.020.1%0.010.1%0.010.1%
Usd Total Gains Per Share0.010.1%0.010.0%0.030.1%0.050.2%0.050.2%
Usd Price Per Share0.74-0.81-0.70-0.78-0.78-
Price to Earnings Ratio47.76-57.79-16.21-36.39-36.39-
Price-to-Total Gains Ratio52.22-29.81-49.52-50.28-50.28-
Price to Book Ratio1.62-1.80-1.71-1.88-1.88-
Price-to-Total Gains Ratio52.22-29.81-49.52-50.28-50.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.64478
Number of shares1550
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.010.04
Usd Total Gains Per Share0.010.05
Gains per Quarter (1550 shares)10.9172.63
Gains per Year (1550 shares)43.65290.50
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10443473218281
208778145436572
30131122218654863
401751662918711154
5021821036310891445
6026225443613071736
7030629850915252027
8034934258117432318
9039338665419612609
10043743072721782900

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%13.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%10.03.00.076.9%10.03.00.076.9%10.03.00.076.9%
Dividend per Share0.00.04.00.0%8.00.04.066.7%9.00.04.069.2%9.00.04.069.2%9.00.04.069.2%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%12.01.00.092.3%12.01.00.092.3%12.01.00.092.3%

Fundamentals of ABC Taiwan Electronics

About ABC Taiwan Electronics

ABC Taiwan Electronics Corp. engages in the manufacturing and sale of electronic products in the United States, Germany, China, Taiwan, and internationally. The company offers filter coils, line filters, power inductors, radial inductors, SMD line filters, SMD power inductors, shielded SMD power inductors, semi-shielded SMD power inductors, multilayer chip inductors, multilayer chip beads, wound chip inductors, and axial inductors; transformers; MPC heat-sinks; connectors; and stamping and plastic molding products, as well as LED lighting products. Its products are used in consumer electronic products, communication electronic products, computer and computing peripheral equipment, industrial electronic equipment, and automotive electronic equipment applications. ABC Taiwan Electronics Corp. was incorporated in 1979 and is based in Taoyuan City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 09:03:03.

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

Valuation

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

1.1. Profitability of ABC Taiwan Electronics.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ABC Taiwan Electronics earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare ABC Taiwan Electronics to the Electronic Components industry mean.
  • A Net Profit Margin of 2.7% means that NT$0.03 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ABC Taiwan Electronics:

  • The MRQ is 2.7%. The company is making a profit. +1
  • The TTM is 4.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM4.4%-1.7%
TTM4.4%YOY5.9%-1.5%
TTM4.4%5Y4.7%-0.3%
5Y4.7%10Y4.7%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7%3.6%-0.9%
TTM4.4%4.1%+0.3%
YOY5.9%5.4%+0.5%
5Y4.7%4.4%+0.3%
10Y4.7%4.8%-0.1%
1.1.2. Return on Assets

Shows how efficient ABC Taiwan Electronics is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ABC Taiwan Electronics to the Electronic Components industry mean.
  • 0.4% Return on Assets means that ABC Taiwan Electronics generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ABC Taiwan Electronics:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.9%-0.5%
TTM0.9%YOY1.4%-0.6%
TTM0.9%5Y1.0%-0.2%
5Y1.0%10Y1.0%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%0.8%-0.4%
TTM0.9%0.9%0.0%
YOY1.4%1.3%+0.1%
5Y1.0%1.1%-0.1%
10Y1.0%1.1%-0.1%
1.1.3. Return on Equity

Shows how efficient ABC Taiwan Electronics is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ABC Taiwan Electronics to the Electronic Components industry mean.
  • 0.9% Return on Equity means ABC Taiwan Electronics generated NT$0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ABC Taiwan Electronics:

  • The MRQ is 0.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM1.8%-1.0%
TTM1.8%YOY3.3%-1.5%
TTM1.8%5Y2.3%-0.5%
5Y2.3%10Y2.3%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%1.5%-0.6%
TTM1.8%1.5%+0.3%
YOY3.3%2.5%+0.8%
5Y2.3%2.1%+0.2%
10Y2.3%2.1%+0.2%

1.2. Operating Efficiency of ABC Taiwan Electronics.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ABC Taiwan Electronics is operating .

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

Let's take a look of the Operating Margin trends of ABC Taiwan Electronics:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.2%-0.2%
TTM0.2%YOY5.6%-5.4%
TTM0.2%5Y4.1%-3.9%
5Y4.1%10Y4.1%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.6%-5.6%
TTM0.2%2.1%-1.9%
YOY5.6%5.3%+0.3%
5Y4.1%5.3%-1.2%
10Y4.1%4.3%-0.2%
1.2.2. Operating Ratio

Measures how efficient ABC Taiwan Electronics 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 NT$1.76 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of ABC Taiwan Electronics:

  • The MRQ is 1.763. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.712. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.763TTM1.712+0.051
TTM1.712YOY1.749-0.037
TTM1.7125Y1.734-0.022
5Y1.73410Y1.7340.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7631.732+0.031
TTM1.7121.729-0.017
YOY1.7491.714+0.035
5Y1.7341.690+0.044
10Y1.7341.487+0.247

1.3. Liquidity of ABC Taiwan Electronics.

1.3. Liquidity
1.3.1. Current Ratio

Measures if ABC Taiwan Electronics 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 1.71 means the company has NT$1.71 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of ABC Taiwan Electronics:

  • The MRQ is 1.714. The company is able to pay all its short-term debts. +1
  • The TTM is 1.614. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.714TTM1.614+0.100
TTM1.614YOY1.432+0.182
TTM1.6145Y1.542+0.072
5Y1.54210Y1.5420.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7141.861-0.147
TTM1.6141.846-0.232
YOY1.4321.849-0.417
5Y1.5421.890-0.348
10Y1.5421.689-0.147
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare ABC Taiwan Electronics to the Electronic Components industry mean.
  • A Quick Ratio of 0.41 means the company can pay off NT$0.41 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ABC Taiwan Electronics:

  • The MRQ is 0.405. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.426. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.405TTM0.426-0.020
TTM0.426YOY0.504-0.078
TTM0.4265Y0.498-0.072
5Y0.49810Y0.4980.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4050.773-0.368
TTM0.4260.759-0.333
YOY0.5040.809-0.305
5Y0.4980.847-0.349
10Y0.4980.882-0.384

1.4. Solvency of ABC Taiwan Electronics.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ABC Taiwan Electronics assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ABC Taiwan Electronics to Electronic Components industry mean.
  • A Debt to Asset Ratio of 0.53 means that ABC Taiwan Electronics assets are financed with 52.7% credit (debt) and the remaining percentage (100% - 52.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ABC Taiwan Electronics:

  • The MRQ is 0.527. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.530. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.527TTM0.530-0.003
TTM0.530YOY0.556-0.026
TTM0.5305Y0.535-0.004
5Y0.53510Y0.5350.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5270.422+0.105
TTM0.5300.424+0.106
YOY0.5560.445+0.111
5Y0.5350.442+0.093
10Y0.5350.426+0.109
1.4.2. Debt to Equity Ratio

Measures if ABC Taiwan Electronics is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ABC Taiwan Electronics to the Electronic Components industry mean.
  • A Debt to Equity ratio of 111.6% means that company has NT$1.12 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ABC Taiwan Electronics:

  • The MRQ is 1.116. The company is able to pay all its debts with equity. +1
  • The TTM is 1.130. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.116TTM1.130-0.014
TTM1.130YOY1.257-0.127
TTM1.1305Y1.152-0.023
5Y1.15210Y1.1520.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1160.748+0.368
TTM1.1300.757+0.373
YOY1.2570.824+0.433
5Y1.1520.822+0.330
10Y1.1520.804+0.348

2. Market Valuation of ABC Taiwan Electronics

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings ABC Taiwan Electronics generates.

  • Above 15 is considered overpriced but always compare ABC Taiwan Electronics to the Electronic Components industry mean.
  • A PE ratio of 47.76 means the investor is paying NT$47.76 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ABC Taiwan Electronics:

  • The EOD is 41.510. Based on the earnings, the company is overpriced. -1
  • The MRQ is 47.757. Based on the earnings, the company is overpriced. -1
  • The TTM is 57.792. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD41.510MRQ47.757-6.247
MRQ47.757TTM57.792-10.035
TTM57.792YOY16.210+41.582
TTM57.7925Y36.387+21.405
5Y36.38710Y36.3870.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD41.51014.767+26.743
MRQ47.75714.696+33.061
TTM57.79214.600+43.192
YOY16.21012.909+3.301
5Y36.38718.612+17.775
10Y36.38723.001+13.386
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -8.441. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.711. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 17.847. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD-8.441MRQ-9.711+1.270
MRQ-9.711TTM17.847-27.558
TTM17.847YOY-23.495+41.342
TTM17.8475Y-17.716+35.563
5Y-17.71610Y-17.7160.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD-8.4415.304-13.745
MRQ-9.7115.406-15.117
TTM17.8472.989+14.858
YOY-23.4951.824-25.319
5Y-17.7161.629-19.345
10Y-17.7161.916-19.632
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of ABC Taiwan Electronics 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 1.62 means the investor is paying NT$1.62 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of ABC Taiwan Electronics:

  • The EOD is 1.412. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.624. Based on the equity, the company is underpriced. +1
  • The TTM is 1.802. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.412MRQ1.624-0.212
MRQ1.624TTM1.802-0.178
TTM1.802YOY1.705+0.096
TTM1.8025Y1.875-0.073
5Y1.87510Y1.8750.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD1.4121.807-0.395
MRQ1.6241.910-0.286
TTM1.8021.949-0.147
YOY1.7051.921-0.216
5Y1.8752.147-0.272
10Y1.8752.257-0.382
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ABC Taiwan Electronics 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--0.4540.225+102%0.351+29%1.123-60%1.123-60%
Book Value Per Share--14.59414.396+1%13.080+12%13.254+10%13.254+10%
Current Ratio--1.7141.614+6%1.432+20%1.542+11%1.542+11%
Debt To Asset Ratio--0.5270.530-1%0.556-5%0.535-1%0.535-1%
Debt To Equity Ratio--1.1161.130-1%1.257-11%1.152-3%1.152-3%
Dividend Per Share----0%0.531-100%0.374-100%0.374-100%
Eps--0.1240.113+10%0.432-71%0.256-52%0.256-52%
Free Cash Flow Per Share---0.6100.080-863%-0.152-75%-0.132-78%-0.132-78%
Free Cash Flow To Equity Per Share---0.6100.727-184%-0.184-70%0.132-564%0.132-564%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---19.375--------
Intrinsic Value_10Y_min---16.248--------
Intrinsic Value_1Y_max---0.676--------
Intrinsic Value_1Y_min---0.663--------
Intrinsic Value_3Y_max---2.996--------
Intrinsic Value_3Y_min---2.841--------
Intrinsic Value_5Y_max---6.478--------
Intrinsic Value_5Y_min---5.930--------
Market Cap2163020600.000-15%2488523700.0002723463437.500-9%2336272250.000+7%2602005550.000-4%2602005550.000-4%
Net Profit Margin--0.0270.044-38%0.059-54%0.047-43%0.047-43%
Operating Margin---0.002-100%0.056-100%0.041-100%0.041-100%
Operating Ratio--1.7631.712+3%1.749+1%1.734+2%1.734+2%
Pb Ratio1.412-15%1.6241.802-10%1.705-5%1.875-13%1.875-13%
Pe Ratio41.510-15%47.75757.792-17%16.210+195%36.387+31%36.387+31%
Price Per Share20.600-15%23.70025.938-9%22.250+7%24.781-4%24.781-4%
Price To Free Cash Flow Ratio-8.441+13%-9.71117.847-154%-23.495+142%-17.716+82%-17.716+82%
Price To Total Gains Ratio45.385-15%52.21529.811+75%49.517+5%50.275+4%50.275+4%
Quick Ratio--0.4050.426-5%0.504-20%0.498-19%0.498-19%
Return On Assets--0.0040.009-53%0.014-72%0.010-62%0.010-62%
Return On Equity--0.0090.018-53%0.033-74%0.023-63%0.023-63%
Total Gains Per Share--0.4540.225+102%0.882-49%1.497-70%1.497-70%
Usd Book Value--47962116.80047313768.600+1%42988218.150+12%43558495.723+10%43558495.723+10%
Usd Book Value Change Per Share--0.0140.007+102%0.011+29%0.035-60%0.035-60%
Usd Book Value Per Share--0.4570.451+1%0.409+12%0.415+10%0.415+10%
Usd Dividend Per Share----0%0.017-100%0.012-100%0.012-100%
Usd Eps--0.0040.004+10%0.014-71%0.008-52%0.008-52%
Usd Free Cash Flow---2005265.800262685.250-863%-499368.025-75%-434492.154-78%-434492.154-78%
Usd Free Cash Flow Per Share---0.0190.003-863%-0.005-75%-0.004-78%-0.004-78%
Usd Free Cash Flow To Equity Per Share---0.0190.023-184%-0.006-70%0.004-564%0.004-564%
Usd Market Cap67702544.780-15%77890791.81085244405.594-9%73125321.425+7%81442773.715-4%81442773.715-4%
Usd Price Per Share0.645-15%0.7420.812-9%0.696+7%0.776-4%0.776-4%
Usd Profit--407745.100857338.300-52%1420276.625-71%990977.262-59%990977.262-59%
Usd Revenue--15030197.40018087448.375-17%23202987.350-35%19732114.700-24%19732114.700-24%
Usd Total Gains Per Share--0.0140.007+102%0.028-49%0.047-70%0.047-70%
 EOD+3 -5MRQTTM+17 -16YOY+13 -225Y+9 -2610Y+9 -26

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1541.510
Price to Book Ratio (EOD)Between0-11.412
Net Profit Margin (MRQ)Greater than00.027
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.405
Current Ratio (MRQ)Greater than11.714
Debt to Asset Ratio (MRQ)Less than10.527
Debt to Equity Ratio (MRQ)Less than11.116
Return on Equity (MRQ)Greater than0.150.009
Return on Assets (MRQ)Greater than0.050.004
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.904
Ma 20Greater thanMa 5021.158
Ma 50Greater thanMa 10021.771
Ma 100Greater thanMa 20022.552
OpenGreater thanClose20.450
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets3,241,963
Total Liabilities1,709,627
Total Stockholder Equity1,532,336
 As reported
Total Liabilities 1,709,627
Total Stockholder Equity+ 1,532,336
Total Assets = 3,241,963

Assets

Total Assets3,241,963
Total Current Assets1,486,877
Long-term Assets1,755,086
Total Current Assets
Cash And Cash Equivalents 812,538
Short-term Investments 22,370
Net Receivables 329,318
Inventory 269,939
Other Current Assets 1,634
Total Current Assets  (as reported)1,486,877
Total Current Assets  (calculated)1,435,799
+/- 51,078
Long-term Assets
Property Plant Equipment 1,678,853
Long-term Assets Other 5,899
Long-term Assets  (as reported)1,755,086
Long-term Assets  (calculated)1,684,752
+/- 70,334

Liabilities & Shareholders' Equity

Total Current Liabilities867,364
Long-term Liabilities842,263
Total Stockholder Equity1,532,336
Total Current Liabilities
Short Long Term Debt 469,653
Accounts payable 187,327
Other Current Liabilities 1,998
Total Current Liabilities  (as reported)867,364
Total Current Liabilities  (calculated)658,978
+/- 208,386
Long-term Liabilities
Long term Debt 727,002
Capital Lease Obligations Min Short Term Debt6,170
Long-term Liabilities Other 1,540
Long-term Liabilities  (as reported)842,263
Long-term Liabilities  (calculated)734,712
+/- 107,551
Total Stockholder Equity
Retained Earnings 151,692
Total Stockholder Equity (as reported)1,532,336
Total Stockholder Equity (calculated)151,692
+/- 1,380,644
Other
Capital Stock1,050,006
Common Stock Shares Outstanding 105,001
Net Debt 384,117
Net Invested Capital 2,728,991
Net Working Capital 619,513
Property Plant and Equipment Gross 1,678,853



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
2,580,870
2,683,858
2,725,346
2,819,163
2,862,633
2,930,963
3,081,484
3,185,700
3,194,913
3,200,671
3,228,565
3,204,878
3,241,963
3,241,9633,204,8783,228,5653,200,6713,194,9133,185,7003,081,4842,930,9632,862,6332,819,1632,725,3462,683,8582,580,870
   > Total Current Assets 
1,350,216
1,402,048
1,430,603
1,488,168
1,451,417
1,458,099
1,556,399
1,646,191
1,525,895
1,510,555
1,530,161
1,505,911
1,486,877
1,486,8771,505,9111,530,1611,510,5551,525,8951,646,1911,556,3991,458,0991,451,4171,488,1681,430,6031,402,0481,350,216
       Cash And Cash Equivalents 
536,220
660,779
615,303
620,220
498,839
534,624
558,293
587,164
520,935
617,299
731,538
829,874
812,538
812,538829,874731,538617,299520,935587,164558,293534,624498,839620,220615,303660,779536,220
       Short-term Investments 
136,352
52,428
106,232
98,923
83,791
32,520
33,735
33,233
33,488
22,000
22,261
21,601
22,370
22,37021,60122,26122,00033,48833,23333,73532,52083,79198,923106,23252,428136,352
       Net Receivables 
413,550
342,157
377,405
421,694
470,831
444,751
505,432
541,417
551,477
426,063
415,125
339,337
329,318
329,318339,337415,125426,063551,477541,417505,432444,751470,831421,694377,405342,157413,550
       Inventory 
246,571
297,913
287,023
329,850
376,866
425,118
426,035
444,043
403,781
391,104
335,797
292,246
269,939
269,939292,246335,797391,104403,781444,043426,035425,118376,866329,850287,023297,913246,571
       Other Current Assets 
17,523
1,408
1,220
1,019
1,441
927
1,261
1,091
920
4
4
4
1,634
1,6344449201,0911,2619271,4411,0191,2201,40817,523
   > Long-term Assets 
1,230,654
1,281,810
1,294,743
1,330,995
1,411,216
1,472,864
1,525,085
1,539,509
1,669,018
1,690,116
1,698,404
1,698,967
1,755,086
1,755,0861,698,9671,698,4041,690,1161,669,0181,539,5091,525,0851,472,8641,411,2161,330,9951,294,7431,281,8101,230,654
       Property Plant Equipment 
1,040,180
1,120,377
1,122,142
1,132,748
1,199,543
1,256,704
1,327,524
1,368,583
1,596,353
1,619,112
1,624,821
1,624,746
1,678,853
1,678,8531,624,7461,624,8211,619,1121,596,3531,368,5831,327,5241,256,7041,199,5431,132,7481,122,1421,120,3771,040,180
       Other Assets 
99,723
63,165
75,938
103,416
126,770
129,224
115,630
100,771
145,987
0
0
103,110
0
0103,11000145,987100,771115,630129,224126,770103,41675,93863,16599,723
> Total Liabilities 
1,304,904
1,362,852
1,401,456
1,479,308
1,572,152
1,607,271
1,695,270
1,839,760
1,757,057
1,704,463
1,695,298
1,720,201
1,709,627
1,709,6271,720,2011,695,2981,704,4631,757,0571,839,7601,695,2701,607,2711,572,1521,479,3081,401,4561,362,8521,304,904
   > Total Current Liabilities 
853,004
856,213
876,315
936,211
1,022,242
1,050,316
1,044,888
1,171,176
1,055,087
968,268
975,979
933,095
867,364
867,364933,095975,979968,2681,055,0871,171,1761,044,8881,050,3161,022,242936,211876,315856,213853,004
       Short Long Term Debt 
458,502
399,585
438,785
455,869
519,827
508,908
477,927
485,283
419,456
402,470
471,722
495,704
469,653
469,653495,704471,722402,470419,456485,283477,927508,908519,827455,869438,785399,585458,502
       Accounts payable 
220,563
276,335
281,499
301,002
334,443
367,875
406,373
432,432
433,850
315,363
262,751
200,020
187,327
187,327200,020262,751315,363433,850432,432406,373367,875334,443301,002281,499276,335220,563
       Other Current Liabilities 
86,920
82,999
69,232
74,815
64,419
50,511
53,016
125,061
73,899
2,973
113,708
101,049
1,998
1,998101,049113,7082,97373,899125,06153,01650,51164,41974,81569,23282,99986,920
   > Long-term Liabilities 
451,900
506,639
525,141
543,097
549,910
556,955
650,382
668,584
701,970
736,195
719,319
787,106
842,263
842,263787,106719,319736,195701,970668,584650,382556,955549,910543,097525,141506,639451,900
       Long term Debt 
345,695
398,166
413,765
429,221
433,888
446,372
537,360
552,031
577,003
626,870
600,956
669,232
727,002
727,002669,232600,956626,870577,003552,031537,360446,372433,888429,221413,765398,166345,695
       Capital Lease Obligations Min Short Term Debt
5,386
6,451
6,103
5,300
4,608
4,470
3,703
2,786
2,432
3,612
2,612
6,898
6,170
6,1706,8982,6123,6122,4322,7863,7034,4704,6085,3006,1036,4515,386
       Other Liabilities 
103,093
104,928
108,257
111,500
114,294
109,316
112,377
116,296
124,574
0
0
114,205
0
0114,20500124,574116,296112,377109,316114,294111,500108,257104,928103,093
       Long-term Liabilities Other 
0
1,361
1,675
1,763
1,626
1,840
46
966
1,357
1,732
2,470
1,816
1,540
1,5401,8162,4701,7321,357966461,8401,6261,7631,6751,3610
> Total Stockholder Equity
1,275,966
1,321,006
1,323,890
1,339,855
1,290,481
1,323,692
1,386,214
1,345,940
1,437,856
1,496,208
1,533,267
1,484,677
1,532,336
1,532,3361,484,6771,533,2671,496,2081,437,8561,345,9401,386,2141,323,6921,290,4811,339,8551,323,8901,321,0061,275,966
   Common Stock
929,209
929,209
929,209
929,209
929,209
929,209
929,209
929,209
929,209
0
0
929,209
0
0929,20900929,209929,209929,209929,209929,209929,209929,209929,209929,209
   Retained Earnings 
302,478
315,724
333,026
359,476
324,339
347,647
377,025
366,072
447,653
253,605
286,420
415,234
151,692
151,692415,234286,420253,605447,653366,072377,025347,647324,339359,476333,026315,724302,478
   Accumulated Other Comprehensive Income 0000000000000
   Capital Surplus 0000000000000
   Treasury Stock0000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue2,311,495
Cost of Revenue-1,751,261
Gross Profit560,234560,234
 
Operating Income (+$)
Gross Profit560,234
Operating Expense-2,182,352
Operating Income129,143-1,622,118
 
Operating Expense (+$)
Research Development102,431
Selling General Administrative328,660
Selling And Marketing Expenses-
Operating Expense2,182,352431,091
 
Net Interest Income (+$)
Interest Income4,453
Interest Expense-17,519
Other Finance Cost-0
Net Interest Income-13,066
 
Pretax Income (+$)
Operating Income129,143
Net Interest Income-13,066
Other Non-Operating Income Expenses-
Income Before Tax (EBT)159,717129,143
EBIT - interestExpense = -17,519
109,564
127,083
Interest Expense17,519
Earnings Before Interest and Taxes (EBIT)-177,236
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax159,717
Tax Provision-50,153
Net Income From Continuing Ops109,564109,564
Net Income109,564
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-13,066
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of ABC Taiwan Electronics.

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: 21.00 < 21.80 < 22.35.

The bearish price targets are: 19.95 > 19.90 > 19.69.

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ABC Taiwan Electronics 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 ABC Taiwan Electronics. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

ABC Taiwan Electronics 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 ABC Taiwan Electronics. The current macd is -0.53363947.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the ABC Taiwan Electronics price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for ABC Taiwan Electronics. 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 ABC Taiwan Electronics price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
ABC Taiwan Electronics Daily Moving Average Convergence/Divergence (MACD) ChartABC Taiwan Electronics 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 ABC Taiwan Electronics. The current adx is 30.17.

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 ABC Taiwan Electronics 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
ABC Taiwan Electronics 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 ABC Taiwan Electronics. The current sar is 20.81.

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
ABC Taiwan Electronics 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 ABC Taiwan Electronics. The current rsi is 38.90. 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
ABC Taiwan Electronics Daily Relative Strength Index (RSI) ChartABC Taiwan Electronics 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 ABC Taiwan Electronics. 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 ABC Taiwan Electronics price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
ABC Taiwan Electronics Daily Stochastic Oscillator ChartABC Taiwan Electronics 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 ABC Taiwan Electronics. The current cci is -47.75458571.

ABC Taiwan Electronics Daily Commodity Channel Index (CCI) ChartABC Taiwan Electronics 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 ABC Taiwan Electronics. The current cmo is -14.925516.

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
ABC Taiwan Electronics Daily Chande Momentum Oscillator (CMO) ChartABC Taiwan Electronics 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 ABC Taiwan Electronics. The current willr is -58.82352941.

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 ABC Taiwan Electronics is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
ABC Taiwan Electronics Daily Williams %R ChartABC Taiwan Electronics 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 ABC Taiwan Electronics.

ABC Taiwan Electronics 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 ABC Taiwan Electronics. The current atr is 0.36988717.

ABC Taiwan Electronics Daily Average True Range (ATR) ChartABC Taiwan Electronics 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 ABC Taiwan Electronics. The current obv is 72,776,290.

ABC Taiwan Electronics Daily On-Balance Volume (OBV) ChartABC Taiwan Electronics 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 ABC Taiwan Electronics. The current mfi is 27.52.

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
ABC Taiwan Electronics Daily Money Flow Index (MFI) ChartABC Taiwan Electronics Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ABC Taiwan Electronics.

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
2023-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-01MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11MACD 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
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14DMI 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.
2023-12-15DMI 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
2023-12-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17DMI 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.
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08DMI 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

ABC Taiwan Electronics Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.904
Ma 20Greater thanMa 5021.158
Ma 50Greater thanMa 10021.771
Ma 100Greater thanMa 20022.552
OpenGreater thanClose20.450
Total0/5 (0.0%)
Penke

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