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Solteam Electronics Co Ltd
Buy, Hold or Sell?

Let's analyse Solteam together

PenkeI guess you are interested in Solteam Electronics 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 Solteam Electronics Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Solteam (30 sec.)










What can you expect buying and holding a share of Solteam? (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?
61.5%

What is your share worth?

Current worth
NT$36.74
Expected worth in 1 year
NT$39.17
How sure are you?
84.6%

+ What do you gain per year?

Total Gains per Share
NT$2.43
Return On Investment
5.1%

For what price can you sell your share?

Current Price per Share
NT$47.75
Expected price per share
NT$46.90 - NT$51.10
How sure are you?
50%

1. Valuation of Solteam (5 min.)




Live pricePrice per Share (EOD)

NT$47.75

Intrinsic Value Per Share

NT$125.07 - NT$148.50

Total Value Per Share

NT$161.82 - NT$185.24

2. Growth of Solteam (5 min.)




Is Solteam growing?

Current yearPrevious yearGrowGrow %
How rich?$86.8m$76.7m$6.9m8.3%

How much money is Solteam making?

Current yearPrevious yearGrowGrow %
Making money$678.7k$3.2m-$2.5m-380.1%
Net Profit Margin2.2%6.4%--

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

3. Financial Health of Solteam (5 min.)




4. Comparing to competitors in the Electrical Equipment & Parts industry (5 min.)




  Industry Rankings (Electrical Equipment & Parts)  


Richest
#304 / 464

Most Revenue
#304 / 464

Most Profit
#298 / 464

Most Efficient
#283 / 464

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

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

What can you expect buying and holding a share of Solteam?

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

Speculation

The Price per Share of Solteam is NT$47.75. 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 Solteam.
  • 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 Solteam, 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$36.74. Based on the TTM, the Book Value Change Per Share is NT$0.61 per quarter. Based on the YOY, the Book Value Change Per Share is NT$1.18 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Solteam.

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 Eps0.020.0%0.020.0%0.040.1%0.040.1%0.040.1%
Usd Book Value Change Per Share0.060.1%0.020.0%0.040.1%0.090.2%0.090.2%
Usd Dividend Per Share0.000.0%0.000.0%0.110.2%0.060.1%0.060.1%
Usd Total Gains Per Share0.060.1%0.020.0%0.150.3%0.150.3%0.150.3%
Usd Price Per Share1.29-1.35-2.04-1.82-1.82-
Price to Earnings Ratio16.52-16.68-11.99-11.94-11.94-
Price-to-Total Gains Ratio20.97--25.56-17.27-5.08-5.08-
Price to Book Ratio1.12-1.22-2.03-1.87-1.87-
Price-to-Total Gains Ratio20.97--25.56-17.27-5.08-5.08-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.494575
Number of shares669
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.06
Usd Book Value Change Per Share0.020.09
Usd Total Gains Per Share0.020.15
Gains per Quarter (669 shares)12.7098.59
Gains per Year (669 shares)50.79394.37
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
105141158237384
2010292315473778
301521434737101172
402031946319471566
5025424578811841960
6030529694614202354
70356347110316572748
80406398126118943142
90457449141921313536
100508500157623673930

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 Share2.02.00.050.0%8.04.00.066.7%9.04.00.069.2%9.04.00.069.2%9.04.00.069.2%
Dividend per Share0.00.04.00.0%7.00.05.058.3%8.00.05.061.5%8.00.05.061.5%8.00.05.061.5%
Total Gains per Share2.02.00.050.0%10.02.00.083.3%11.02.00.084.6%11.02.00.084.6%11.02.00.084.6%

Fundamentals of Solteam

About Solteam Electronics Co Ltd

Solteam Electronics Co., Ltd. engages in the design, development, manufacture, and sale of electronic components worldwide. The company offers switches, inlets/outlets, adapters, battery holders, controller modules, EV parts, surrounding/other products, aquarium peripherals, optical products, and medical devices. Its products are used in power tools, home appliances, auto, medical, and IT industries. The company was founded in 1992 and is headquartered in Taoyuan, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 09:24:03.

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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Solteam Electronics Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Solteam earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Solteam to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of 5.4% means that NT$0.05 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Solteam Electronics Co Ltd:

  • The MRQ is 5.4%. The company is making a profit. +1
  • The TTM is 2.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.4%TTM2.2%+3.2%
TTM2.2%YOY6.4%-4.2%
TTM2.2%5Y6.2%-4.0%
5Y6.2%10Y6.2%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ5.4%3.7%+1.7%
TTM2.2%3.7%-1.5%
YOY6.4%3.3%+3.1%
5Y6.2%3.2%+3.0%
10Y6.2%3.4%+2.8%
1.1.2. Return on Assets

Shows how efficient Solteam is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Solteam to the Electrical Equipment & Parts industry mean.
  • 0.9% Return on Assets means that Solteam generated NT$0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Solteam Electronics Co Ltd:

  • The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.4%+0.5%
TTM0.4%YOY1.9%-1.5%
TTM0.4%5Y1.9%-1.5%
5Y1.9%10Y1.9%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%0.9%+0.0%
TTM0.4%1.0%-0.6%
YOY1.9%0.8%+1.1%
5Y1.9%0.9%+1.0%
10Y1.9%1.1%+0.8%
1.1.3. Return on Equity

Shows how efficient Solteam is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Solteam to the Electrical Equipment & Parts industry mean.
  • 1.7% Return on Equity means Solteam generated NT$0.02 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Solteam Electronics Co Ltd:

  • The MRQ is 1.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.7%TTM0.8%+0.9%
TTM0.8%YOY4.3%-3.5%
TTM0.8%5Y4.3%-3.5%
5Y4.3%10Y4.3%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%1.8%-0.1%
TTM0.8%1.9%-1.1%
YOY4.3%1.7%+2.6%
5Y4.3%1.8%+2.5%
10Y4.3%2.0%+2.3%

1.2. Operating Efficiency of Solteam Electronics Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Solteam is operating .

  • Measures how much profit Solteam 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 Solteam to the Electrical Equipment & Parts 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 Solteam Electronics Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.9%-0.9%
TTM0.9%YOY7.4%-6.4%
TTM0.9%5Y6.8%-5.9%
5Y6.8%10Y6.8%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM0.9%3.3%-2.4%
YOY7.4%4.3%+3.1%
5Y6.8%4.8%+2.0%
10Y6.8%3.7%+3.1%
1.2.2. Operating Ratio

Measures how efficient Solteam is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • An Operation Ratio of 1.73 means that the operating costs are NT$1.73 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Solteam Electronics Co Ltd:

  • The MRQ is 1.725. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.805. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.725TTM1.805-0.080
TTM1.805YOY1.731+0.074
TTM1.8055Y1.718+0.087
5Y1.71810Y1.7180.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7251.656+0.069
TTM1.8051.679+0.126
YOY1.7311.676+0.055
5Y1.7181.631+0.087
10Y1.7181.348+0.370

1.3. Liquidity of Solteam Electronics Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Solteam is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A Current Ratio of 2.17 means the company has NT$2.17 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Solteam Electronics Co Ltd:

  • The MRQ is 2.168. The company is able to pay all its short-term debts. +1
  • The TTM is 2.020. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.168TTM2.020+0.148
TTM2.020YOY1.750+0.270
TTM2.0205Y1.821+0.199
5Y1.82110Y1.8210.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1681.912+0.256
TTM2.0201.884+0.136
YOY1.7501.915-0.165
5Y1.8211.994-0.173
10Y1.8211.645+0.176
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Solteam to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 0.81 means the company can pay off NT$0.81 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Solteam Electronics Co Ltd:

  • The MRQ is 0.806. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.472. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.806TTM0.472+0.333
TTM0.472YOY0.446+0.027
TTM0.4725Y0.487-0.014
5Y0.48710Y0.4870.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8060.887-0.081
TTM0.4720.893-0.421
YOY0.4460.962-0.516
5Y0.4870.982-0.495
10Y0.4870.985-0.498

1.4. Solvency of Solteam Electronics Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Solteam assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Solteam to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.45 means that Solteam assets are financed with 45.1% credit (debt) and the remaining percentage (100% - 45.1%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.451. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.460. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.451TTM0.460-0.009
TTM0.460YOY0.544-0.084
TTM0.4605Y0.520-0.060
5Y0.52010Y0.5200.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4510.434+0.017
TTM0.4600.448+0.012
YOY0.5440.438+0.106
5Y0.5200.443+0.077
10Y0.5200.432+0.088
1.4.2. Debt to Equity Ratio

Measures if Solteam is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Solteam to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 83.3% means that company has NT$0.83 debt for each NT$1 in shareholders equity.

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

  • The MRQ is 0.833. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.866. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.833TTM0.866-0.033
TTM0.866YOY1.223-0.357
TTM0.8665Y1.120-0.254
5Y1.12010Y1.1200.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8330.760+0.073
TTM0.8660.812+0.054
YOY1.2230.799+0.424
5Y1.1200.821+0.299
10Y1.1200.837+0.283

2. Market Valuation of Solteam Electronics Co Ltd

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 Solteam generates.

  • Above 15 is considered overpriced but always compare Solteam to the Electrical Equipment & Parts industry mean.
  • A PE ratio of 16.52 means the investor is paying NT$16.52 for every NT$1 in earnings.

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

  • The EOD is 19.198. Based on the earnings, the company is fair priced.
  • The MRQ is 16.525. Based on the earnings, the company is fair priced.
  • The TTM is 16.679. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD19.198MRQ16.525+2.674
MRQ16.525TTM16.679-0.155
TTM16.679YOY11.994+4.685
TTM16.6795Y11.944+4.736
5Y11.94410Y11.9440.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD19.19814.955+4.243
MRQ16.52513.194+3.331
TTM16.67914.274+2.405
YOY11.99416.023-4.029
5Y11.94417.732-5.788
10Y11.94423.116-11.172
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 3.603. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.101. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.318. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.603MRQ3.101+0.502
MRQ3.101TTM11.318-8.217
TTM11.318YOY-20.041+31.360
TTM11.3185Y-3.977+15.295
5Y-3.97710Y-3.9770.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD3.6034.652-1.049
MRQ3.1014.051-0.950
TTM11.3182.220+9.098
YOY-20.041-2.139-17.902
5Y-3.977-0.110-3.867
10Y-3.9770.056-4.033
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A PB ratio of 1.12 means the investor is paying NT$1.12 for each NT$1 in book value.

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

  • The EOD is 1.300. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.119. Based on the equity, the company is underpriced. +1
  • The TTM is 1.221. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.300MRQ1.119+0.181
MRQ1.119TTM1.221-0.103
TTM1.221YOY2.026-0.805
TTM1.2215Y1.867-0.646
5Y1.86710Y1.8670.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.3001.912-0.612
MRQ1.1192.042-0.923
TTM1.2212.149-0.928
YOY2.0262.256-0.230
5Y1.8672.376-0.509
10Y1.8672.810-0.943
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Solteam Electronics 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--1.9600.606+223%1.177+67%2.826-31%2.826-31%
Book Value Per Share--36.74435.384+4%32.445+13%31.682+16%31.682+16%
Current Ratio--2.1682.020+7%1.750+24%1.821+19%1.821+19%
Debt To Asset Ratio--0.4510.460-2%0.544-17%0.520-13%0.520-13%
Debt To Equity Ratio--0.8330.866-4%1.223-32%1.120-26%1.120-26%
Dividend Per Share----0%3.577-100%1.882-100%1.882-100%
Eps--0.6220.647-4%1.378-55%1.372-55%1.372-55%
Free Cash Flow Per Share--3.3132.818+18%0.688+382%1.269+161%1.269+161%
Free Cash Flow To Equity Per Share--3.3133.705-11%-0.132+104%1.475+125%1.475+125%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--148.496--------
Intrinsic Value_10Y_min--125.074--------
Intrinsic Value_1Y_max--6.456--------
Intrinsic Value_1Y_min--6.336--------
Intrinsic Value_3Y_max--25.817--------
Intrinsic Value_3Y_min--24.518--------
Intrinsic Value_5Y_max--52.920--------
Intrinsic Value_5Y_min--48.566--------
Market Cap3606891750.000+14%3104570700.0003259421550.000-5%4924068187.500-37%4382889161.538-29%4382889161.538-29%
Net Profit Margin--0.0540.022+150%0.064-15%0.062-13%0.062-13%
Operating Margin---0.009-100%0.074-100%0.068-100%0.068-100%
Operating Ratio--1.7251.805-4%1.7310%1.718+0%1.718+0%
Pb Ratio1.300+14%1.1191.221-8%2.026-45%1.867-40%1.867-40%
Pe Ratio19.198+14%16.52516.679-1%11.994+38%11.944+38%11.944+38%
Price Per Share47.750+14%41.10043.150-5%65.188-37%58.023-29%58.023-29%
Price To Free Cash Flow Ratio3.603+14%3.10111.318-73%-20.041+746%-3.977+228%-3.977+228%
Price To Total Gains Ratio24.364+14%20.971-25.558+222%17.266+21%5.078+313%5.078+313%
Quick Ratio--0.8060.472+71%0.446+81%0.487+66%0.487+66%
Return On Assets--0.0090.004+121%0.019-52%0.019-52%0.019-52%
Return On Equity--0.0170.008+105%0.043-60%0.043-60%0.043-60%
Total Gains Per Share--1.9600.606+223%4.754-59%4.708-58%4.708-58%
Usd Book Value--86874495.90083659367.725+4%76711119.850+13%74906623.085+16%74906623.085+16%
Usd Book Value Change Per Share--0.0610.019+223%0.037+67%0.088-31%0.088-31%
Usd Book Value Per Share--1.1501.108+4%1.016+13%0.992+16%0.992+16%
Usd Dividend Per Share----0%0.112-100%0.059-100%0.059-100%
Usd Eps--0.0190.020-4%0.043-55%0.043-55%0.043-55%
Usd Free Cash Flow--7833826.6006663261.375+18%1625479.425+382%3000150.746+161%3000150.746+161%
Usd Free Cash Flow Per Share--0.1040.088+18%0.022+382%0.040+161%0.040+161%
Usd Free Cash Flow To Equity Per Share--0.1040.116-11%-0.004+104%0.046+125%0.046+125%
Usd Market Cap112895711.775+14%97173062.910102019894.515-5%154123334.269-37%137184430.756-29%137184430.756-29%
Usd Price Per Share1.495+14%1.2861.351-5%2.040-37%1.816-29%1.816-29%
Usd Profit--1470129.700678787.450+117%3259135.975-55%2982497.546-51%2982497.546-51%
Usd Revenue--27213878.90028966553.700-6%51196776.175-47%43904459.438-38%43904459.438-38%
Usd Total Gains Per Share--0.0610.019+223%0.149-59%0.147-58%0.147-58%
 EOD+4 -4MRQTTM+24 -9YOY+18 -175Y+15 -2010Y+15 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.198
Price to Book Ratio (EOD)Between0-11.300
Net Profit Margin (MRQ)Greater than00.054
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.806
Current Ratio (MRQ)Greater than12.168
Debt to Asset Ratio (MRQ)Less than10.451
Debt to Equity Ratio (MRQ)Less than10.833
Return on Equity (MRQ)Greater than0.150.017
Return on Assets (MRQ)Greater than0.050.009
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.201
Ma 20Greater thanMa 5045.300
Ma 50Greater thanMa 10044.280
Ma 100Greater thanMa 20044.771
OpenGreater thanClose48.450
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets5,057,008
Total Liabilities2,281,465
Total Stockholder Equity2,737,732
 As reported
Total Liabilities 2,281,465
Total Stockholder Equity+ 2,737,732
Total Assets = 5,057,008

Assets

Total Assets5,057,008
Total Current Assets3,667,266
Long-term Assets1,389,742
Total Current Assets
Cash And Cash Equivalents 1,507,047
Short-term Investments 646,691
Net Receivables 716,333
Inventory 675,569
Other Current Assets 29,885
Total Current Assets  (as reported)3,667,266
Total Current Assets  (calculated)3,575,525
+/- 91,741
Long-term Assets
Property Plant Equipment 1,319,882
Long-term Assets Other 32,225
Long-term Assets  (as reported)1,389,742
Long-term Assets  (calculated)1,352,107
+/- 37,635

Liabilities & Shareholders' Equity

Total Current Liabilities1,691,510
Long-term Liabilities589,955
Total Stockholder Equity2,737,732
Total Current Liabilities
Short Long Term Debt 788,221
Accounts payable 604,858
Other Current Liabilities 18,514
Total Current Liabilities  (as reported)1,691,510
Total Current Liabilities  (calculated)1,411,593
+/- 279,917
Long-term Liabilities
Long term Debt 460,121
Capital Lease Obligations Min Short Term Debt44,105
Long-term Liabilities Other 1,932
Long-term Liabilities  (as reported)589,955
Long-term Liabilities  (calculated)506,158
+/- 83,797
Total Stockholder Equity
Retained Earnings 784,150
Total Stockholder Equity (as reported)2,737,732
Total Stockholder Equity (calculated)784,150
+/- 1,953,582
Other
Capital Stock755,365
Common Stock Shares Outstanding 75,537
Net Invested Capital 3,986,074
Net Working Capital 1,975,756
Property Plant and Equipment Gross 1,319,882



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 
4,002,156
4,475,671
4,722,215
5,032,481
5,330,117
5,687,002
5,375,672
5,245,110
5,239,235
5,047,925
4,762,411
4,935,218
5,057,008
5,057,0084,935,2184,762,4115,047,9255,239,2355,245,1105,375,6725,687,0025,330,1175,032,4814,722,2154,475,6714,002,156
   > Total Current Assets 
2,955,958
3,444,690
3,692,466
4,033,615
4,278,406
4,581,048
4,237,313
4,053,332
3,852,883
3,632,049
3,365,307
3,574,524
3,667,266
3,667,2663,574,5243,365,3073,632,0493,852,8834,053,3324,237,3134,581,0484,278,4064,033,6153,692,4663,444,6902,955,958
       Cash And Cash Equivalents 
1,002,315
1,106,947
1,113,482
1,185,482
1,153,178
1,355,618
1,121,350
1,136,325
1,269,499
1,716,792
1,774,390
2,046,084
1,507,047
1,507,0472,046,0841,774,3901,716,7921,269,4991,136,3251,121,3501,355,6181,153,1781,185,4821,113,4821,106,9471,002,315
       Short-term Investments 
39,497
0
0
0
0
0
0
0
0
0
0
0
646,691
646,6910000000000039,497
       Net Receivables 
921,483
1,053,169
1,135,118
1,236,917
1,277,336
1,155,950
1,004,621
1,071,112
1,020,202
682,454
559,065
698,911
716,333
716,333698,911559,065682,4541,020,2021,071,1121,004,6211,155,9501,277,3361,236,9171,135,1181,053,169921,483
       Inventory 
955,979
1,192,883
1,352,399
1,521,989
1,748,452
1,973,176
2,012,285
1,736,814
1,449,617
1,118,980
930,868
719,916
675,569
675,569719,916930,8681,118,9801,449,6171,736,8142,012,2851,973,1761,748,4521,521,9891,352,3991,192,883955,979
       Other Current Assets 
22,220
15,636
23,100
17,884
26,774
16,549
27,189
25,830
37,115
40,264
27,666
30,426
29,885
29,88530,42627,66640,26437,11525,83027,18916,54926,77417,88423,10015,63622,220
   > Long-term Assets 
1,046,198
1,030,981
1,029,749
998,866
1,051,711
1,105,954
1,138,359
1,191,778
1,386,352
1,415,876
1,397,104
1,360,694
1,389,742
1,389,7421,360,6941,397,1041,415,8761,386,3521,191,7781,138,3591,105,9541,051,711998,8661,029,7491,030,9811,046,198
       Property Plant Equipment 
996,967
976,814
958,102
936,680
935,153
978,646
1,004,551
1,011,397
1,257,496
1,344,494
1,327,647
1,295,667
1,319,882
1,319,8821,295,6671,327,6471,344,4941,257,4961,011,3971,004,551978,646935,153936,680958,102976,814996,967
       Other Assets 
37,278
43,863
61,737
51,886
105,931
116,706
123,873
169,738
118,997
0
0
57,797
0
057,79700118,997169,738123,873116,706105,93151,88661,73743,86337,278
> Total Liabilities 
2,128,657
2,460,873
2,539,057
2,724,004
3,093,303
3,353,139
2,862,254
2,881,385
2,646,903
2,485,277
2,036,811
2,307,716
2,281,465
2,281,4652,307,7162,036,8112,485,2772,646,9032,881,3852,862,2543,353,1393,093,3032,724,0042,539,0572,460,8732,128,657
   > Total Current Liabilities 
1,761,308
2,106,664
2,026,853
2,222,965
2,602,814
2,846,003
2,364,329
2,391,870
2,024,619
1,869,313
1,746,350
1,751,936
1,691,510
1,691,5101,751,9361,746,3501,869,3132,024,6192,391,8702,364,3292,846,0032,602,8142,222,9652,026,8532,106,6641,761,308
       Short Long Term Debt 
520,061
544,366
449,989
537,905
628,239
744,200
764,514
783,216
859,737
875,654
1,022,232
830,736
788,221
788,221830,7361,022,232875,654859,737783,216764,514744,200628,239537,905449,989544,366520,061
       Accounts payable 
890,616
1,107,620
1,104,425
1,165,579
1,259,947
1,565,717
1,091,520
824,531
742,019
613,777
418,713
431,511
604,858
604,858431,511418,713613,777742,019824,5311,091,5201,565,7171,259,9471,165,5791,104,4251,107,620890,616
       Other Current Liabilities 
108,635
110,042
158,662
175,223
388,116
175,255
174,253
439,038
156,586
16,090
16,558
288,950
18,514
18,514288,95016,55816,090156,586439,038174,253175,255388,116175,223158,662110,042108,635
   > Long-term Liabilities 
367,349
354,209
512,204
501,039
490,489
507,136
497,925
489,515
622,284
615,964
290,461
555,780
589,955
589,955555,780290,461615,964622,284489,515497,925507,136490,489501,039512,204354,209367,349
       Long term Debt 
159,220
151,103
316,416
313,919
311,425
332,579
329,778
327,001
469,217
469,450
151,881
423,975
460,121
460,121423,975151,881469,450469,217327,001329,778332,579311,425313,919316,416151,103159,220
       Capital Lease Obligations Min Short Term Debt
118,240
113,207
105,799
97,916
90,651
84,503
79,863
71,054
64,064
55,074
47,188
37,910
44,105
44,10537,91047,18855,07464,06471,05479,86384,50390,65197,916105,799113,207118,240
       Other Liabilities 
117,427
118,048
118,628
118,148
117,960
120,534
120,253
123,560
120,475
0
0
120,381
0
0120,38100120,475123,560120,253120,534117,960118,148118,628118,048117,427
       Long-term Liabilities Other 
0
0
0
0
0
33,936
0
0
0
2,075
2,029
2,399
1,932
1,9322,3992,0292,07500033,93600000
> Total Stockholder Equity
1,833,038
1,973,489
2,142,303
2,268,518
2,196,398
2,295,852
2,475,349
2,326,084
2,554,176
2,527,643
2,690,890
2,591,187
2,737,732
2,737,7322,591,1872,690,8902,527,6432,554,1762,326,0842,475,3492,295,8522,196,3982,268,5182,142,3031,973,4891,833,038
   Common Stock
697,365
697,365
697,365
697,365
697,365
697,365
697,365
697,365
697,365
0
0
755,365
0
0755,36500697,365697,365697,365697,365697,365697,365697,365697,365697,365
   Retained Earnings 
708,413
855,474
1,009,385
1,167,457
1,100,380
1,199,719
1,306,278
1,111,079
1,229,572
796,767
749,590
1,082,487
784,150
784,1501,082,487749,590796,7671,229,5721,111,0791,306,2781,199,7191,100,3801,167,4571,009,385855,474708,413
   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 (+$)
totalRevenue3,701,796
Cost of Revenue-3,041,306
Gross Profit660,490660,490
 
Operating Income (+$)
Gross Profit660,490
Operating Expense-3,633,542
Operating Income68,254-2,973,052
 
Operating Expense (+$)
Research Development219,554
Selling General Administrative372,682
Selling And Marketing Expenses-
Operating Expense3,633,542592,236
 
Net Interest Income (+$)
Interest Income66,200
Interest Expense-41,533
Other Finance Cost-0
Net Interest Income24,667
 
Pretax Income (+$)
Operating Income68,254
Net Interest Income24,667
Other Non-Operating Income Expenses-
Income Before Tax (EBT)124,96168,254
EBIT - interestExpense = -41,533
86,746
128,279
Interest Expense41,533
Earnings Before Interest and Taxes (EBIT)-166,494
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax124,961
Tax Provision-39,518
Net Income From Continuing Ops85,44385,443
Net Income86,746
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--24,667
 

Technical Analysis of Solteam
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 Solteam. The general trend of Solteam is BULLISH with 85.7% 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 Solteam'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 (85.7%) Bearish trend (-85.7%)
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 Solteam Electronics Co Ltd.

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

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

The bullish price targets are: 49.31 < 49.55 < 51.10.

The bearish price targets are: 48.30 > 47.45 > 46.90.

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Solteam Electronics 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 Solteam Electronics Co Ltd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

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

Directionalities and relatives.

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

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

Solteam Electronics 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 Solteam Electronics Co Ltd. The current macd is 1.06622563.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Solteam price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Solteam. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Solteam price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Solteam Electronics Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSolteam Electronics 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 Solteam Electronics Co Ltd. The current adx is 38.07.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Solteam shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Solteam Electronics 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 Solteam Electronics Co Ltd. The current sar is 45.50.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Solteam Electronics 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 Solteam Electronics Co Ltd. The current rsi is 62.20. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Solteam Electronics Co Ltd Daily Relative Strength Index (RSI) ChartSolteam Electronics 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 Solteam Electronics Co Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Solteam price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Solteam Electronics Co Ltd Daily Stochastic Oscillator ChartSolteam Electronics 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 Solteam Electronics Co Ltd. The current cci is 125.23.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Solteam Electronics Co Ltd Daily Commodity Channel Index (CCI) ChartSolteam Electronics 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 Solteam Electronics Co Ltd. The current cmo is 26.53.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Solteam Electronics Co Ltd Daily Chande Momentum Oscillator (CMO) ChartSolteam Electronics 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 Solteam Electronics Co Ltd. The current willr is -30.92783505.

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 Solteam is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Solteam Electronics Co Ltd Daily Williams %R ChartSolteam Electronics 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 Solteam Electronics Co Ltd.

Solteam Electronics 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 Solteam Electronics Co Ltd. The current atr is 1.29297189.

Solteam Electronics Co Ltd Daily Average True Range (ATR) ChartSolteam Electronics 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 Solteam Electronics Co Ltd. The current obv is -7,366,118.

Solteam Electronics Co Ltd Daily On-Balance Volume (OBV) ChartSolteam Electronics 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 Solteam Electronics Co Ltd. The current mfi is 80.99.

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

  • MFI > 50: +1
  • MFI > 80: +1
Solteam Electronics Co Ltd Daily Money Flow Index (MFI) ChartSolteam Electronics Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Solteam Electronics 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
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16CCI 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.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29DMI 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
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19MACD 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.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12WILLR 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).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH 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).
2024-03-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Solteam Electronics Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.201
Ma 20Greater thanMa 5045.300
Ma 50Greater thanMa 10044.280
Ma 100Greater thanMa 20044.771
OpenGreater thanClose48.450
Total4/5 (80.0%)
Penke

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