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Ablerex Electronics Co Ltd
Buy, Hold or Sell?

Let's analyse Ablerex together

PenkeI guess you are interested in Ablerex 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 Ablerex 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 Ablerex (30 sec.)










What can you expect buying and holding a share of Ablerex? (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$38.29
Expected worth in 1 year
NT$42.90
How sure are you?
92.3%

+ What do you gain per year?

Total Gains per Share
NT$4.61
Return On Investment
9.7%

For what price can you sell your share?

Current Price per Share
NT$47.60
Expected price per share
NT$44.10 - NT$60.50
How sure are you?
50%

1. Valuation of Ablerex (5 min.)




Live pricePrice per Share (EOD)

NT$47.60

Intrinsic Value Per Share

NT$35.90 - NT$42.92

Total Value Per Share

NT$74.19 - NT$81.22

2. Growth of Ablerex (5 min.)




Is Ablerex growing?

Current yearPrevious yearGrowGrow %
How rich?$53.9m$46.6m$6.7m12.6%

How much money is Ablerex making?

Current yearPrevious yearGrowGrow %
Making money$1m$664.6k$349.8k34.5%
Net Profit Margin3.7%2.6%--

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

3. Financial Health of Ablerex (5 min.)




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




  Industry Rankings (Electrical Equipment & Parts)  


Richest
#331 / 464

Most Revenue
#320 / 464

Most Profit
#282 / 464

Most Efficient
#234 / 464

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

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

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

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

Speculation

The Price per Share of Ablerex is NT$47.60. 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 Ablerex.
  • 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 Ablerex, 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$38.29. Based on the TTM, the Book Value Change Per Share is NT$1.15 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.37 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 Ablerex.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.020.0%0.040.1%0.010.0%0.090.2%0.090.2%
Usd Dividend Per Share0.000.0%0.000.0%0.040.1%0.020.0%0.020.0%
Usd Total Gains Per Share0.020.0%0.040.1%0.050.1%0.110.2%0.110.2%
Usd Price Per Share1.29-1.47-1.38-1.32-1.32-
Price to Earnings Ratio34.85-48.24-44.39-50.65-50.65-
Price-to-Total Gains Ratio57.27-35.23-41.64-129.54-129.54-
Price to Book Ratio1.08-1.24-1.34-1.23-1.23-
Price-to-Total Gains Ratio57.27-35.23-41.64-129.54-129.54-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.48988
Number of shares671
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.02
Usd Book Value Change Per Share0.040.09
Usd Total Gains Per Share0.040.11
Gains per Quarter (671 shares)24.1976.00
Gains per Year (671 shares)96.75304.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10978757247294
20194184113495598
30290281170742902
403873782269901206
5048447528312371510
6058157233914851814
7067766939617322118
8077476645219802422
9087186350922272726
10096896056524753030

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%7.00.05.058.3%8.00.05.061.5%8.00.05.061.5%8.00.05.061.5%
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 Ablerex

About Ablerex Electronics Co Ltd

Ablerex Electronics Co., Ltd. manufactures and sells uninterruptible power supplies (UPS) and power quality devices for use in industrial and informatics applications in Taiwan and internationally. It offers energy storage systems; photovoltaic devices; UPS products and accessories; modular and wall mount active power filters; automatic transfer switches; and battery monitoring systems. The company also manufactures solar energy equipment; and provides maintenance and technical services for its products. Ablerex Electronics Co., Ltd. was founded in 1987 and is headquartered in New Taipei City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 09:43:03.

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 less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 overpriced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Ablerex Electronics Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Ablerex to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of 2.2% means that NT$0.02 for each NT$1 in revenue is generated as profit.

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

  • The MRQ is 2.2%. The company is making a profit. +1
  • The TTM is 3.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.2%TTM3.7%-1.5%
TTM3.7%YOY2.6%+1.0%
TTM3.7%5Y2.4%+1.2%
5Y2.4%10Y2.4%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%3.7%-1.5%
TTM3.7%3.7%0.0%
YOY2.6%3.3%-0.7%
5Y2.4%3.2%-0.8%
10Y2.4%3.4%-1.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ablerex to the Electrical Equipment & Parts industry mean.
  • 0.4% Return on Assets means that Ablerex generated NT$0.00 profit for each $1 in assets.

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

  • 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%YOY0.6%+0.3%
TTM0.9%5Y0.6%+0.3%
5Y0.6%10Y0.6%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%0.9%-0.5%
TTM0.9%1.0%-0.1%
YOY0.6%0.8%-0.2%
5Y0.6%0.9%-0.3%
10Y0.6%1.1%-0.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ablerex to the Electrical Equipment & Parts industry mean.
  • 0.8% Return on Equity means Ablerex generated NT$0.01 for each NT$1 the owners (shareholders) invested.

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

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM1.9%-1.1%
TTM1.9%YOY1.4%+0.5%
TTM1.9%5Y1.2%+0.6%
5Y1.2%10Y1.2%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%1.8%-1.0%
TTM1.9%1.9%0.0%
YOY1.4%1.7%-0.3%
5Y1.2%1.8%-0.6%
10Y1.2%2.0%-0.8%

1.2. Operating Efficiency of Ablerex Electronics Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ablerex is operating .

  • Measures how much profit Ablerex 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 Ablerex 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 Ablerex Electronics Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.8%-1.8%
TTM1.8%YOY2.2%-0.4%
TTM1.8%5Y1.8%+0.0%
5Y1.8%10Y1.8%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM1.8%3.3%-1.5%
YOY2.2%4.3%-2.1%
5Y1.8%4.8%-3.0%
10Y1.8%3.7%-1.9%
1.2.2. Operating Ratio

Measures how efficient Ablerex 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 Ablerex Electronics Co Ltd:

  • The MRQ is 1.727. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.702. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.727TTM1.702+0.025
TTM1.702YOY1.747-0.045
TTM1.7025Y1.739-0.036
5Y1.73910Y1.7390.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7271.656+0.071
TTM1.7021.679+0.023
YOY1.7471.676+0.071
5Y1.7391.631+0.108
10Y1.7391.348+0.391

1.3. Liquidity of Ablerex Electronics Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ablerex 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 1.41 means the company has NT$1.41 in assets for each NT$1 in short-term debts.

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

  • The MRQ is 1.414. The company is just able to pay all its short-term debts.
  • The TTM is 1.398. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.414TTM1.398+0.016
TTM1.398YOY1.377+0.021
TTM1.3985Y1.404-0.006
5Y1.40410Y1.4040.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4141.912-0.498
TTM1.3981.884-0.486
YOY1.3771.915-0.538
5Y1.4041.994-0.590
10Y1.4041.645-0.241
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ablerex to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 0.31 means the company can pay off NT$0.31 for each NT$1 in debt (using most liquid assets).

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

  • The MRQ is 0.313. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.344. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.313TTM0.344-0.031
TTM0.344YOY0.390-0.045
TTM0.3445Y0.370-0.025
5Y0.37010Y0.3700.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3130.887-0.574
TTM0.3440.893-0.549
YOY0.3900.962-0.572
5Y0.3700.982-0.612
10Y0.3700.985-0.615

1.4. Solvency of Ablerex Electronics Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ablerex to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.51 means that Ablerex assets are financed with 50.9% credit (debt) and the remaining percentage (100% - 50.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.509. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.512. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.509TTM0.512-0.002
TTM0.512YOY0.560-0.048
TTM0.5125Y0.530-0.018
5Y0.53010Y0.5300.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5090.434+0.075
TTM0.5120.448+0.064
YOY0.5600.438+0.122
5Y0.5300.443+0.087
10Y0.5300.432+0.098
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ablerex to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 104.6% means that company has NT$1.05 debt for each NT$1 in shareholders equity.

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

  • The MRQ is 1.046. The company is able to pay all its debts with equity. +1
  • The TTM is 1.057. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.046TTM1.057-0.011
TTM1.057YOY1.288-0.231
TTM1.0575Y1.144-0.087
5Y1.14410Y1.1440.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0460.760+0.286
TTM1.0570.812+0.245
YOY1.2880.799+0.489
5Y1.1440.821+0.323
10Y1.1440.837+0.307

2. Market Valuation of Ablerex 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 Ablerex generates.

  • Above 15 is considered overpriced but always compare Ablerex to the Electrical Equipment & Parts industry mean.
  • A PE ratio of 34.85 means the investor is paying NT$34.85 for every NT$1 in earnings.

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

  • The EOD is 40.115. Based on the earnings, the company is overpriced. -1
  • The MRQ is 34.848. Based on the earnings, the company is overpriced. -1
  • The TTM is 48.240. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD40.115MRQ34.848+5.267
MRQ34.848TTM48.240-13.392
TTM48.240YOY44.386+3.854
TTM48.2405Y50.647-2.407
5Y50.64710Y50.6470.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD40.11514.955+25.160
MRQ34.84813.194+21.654
TTM48.24014.274+33.966
YOY44.38616.023+28.363
5Y50.64717.732+32.915
10Y50.64723.116+27.531
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 208.447. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 181.077. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 50.181. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD208.447MRQ181.077+27.370
MRQ181.077TTM50.181+130.896
TTM50.181YOY12.115+38.067
TTM50.1815Y20.182+30.000
5Y20.18210Y20.1820.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD208.4474.652+203.795
MRQ181.0774.051+177.026
TTM50.1812.220+47.961
YOY12.115-2.139+14.254
5Y20.182-0.110+20.292
10Y20.1820.056+20.126
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ablerex 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 1.08 means the investor is paying NT$1.08 for each NT$1 in book value.

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

  • The EOD is 1.243. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.080. Based on the equity, the company is underpriced. +1
  • The TTM is 1.236. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.243MRQ1.080+0.163
MRQ1.080TTM1.236-0.157
TTM1.236YOY1.336-0.100
TTM1.2365Y1.231+0.006
5Y1.23110Y1.2310.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.2431.912-0.669
MRQ1.0802.042-0.962
TTM1.2362.149-0.913
YOY1.3362.256-0.920
5Y1.2312.376-1.145
10Y1.2312.810-1.579
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ablerex 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--0.7221.152-37%0.367+97%2.946-75%2.946-75%
Book Value Per Share--38.29337.939+1%33.155+15%34.289+12%34.289+12%
Current Ratio--1.4141.398+1%1.377+3%1.404+1%1.404+1%
Debt To Asset Ratio--0.5090.5120%0.560-9%0.530-4%0.530-4%
Debt To Equity Ratio--1.0461.057-1%1.288-19%1.144-9%1.144-9%
Dividend Per Share----0%1.188-100%0.673-100%0.673-100%
Eps--0.2970.337-12%0.472-37%0.321-8%0.321-8%
Free Cash Flow Per Share--0.0572.148-97%-0.760+1431%0.128-55%0.128-55%
Free Cash Flow To Equity Per Share--0.0570.889-94%-0.347+707%0.200-72%0.200-72%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--42.924--------
Intrinsic Value_10Y_min--35.898--------
Intrinsic Value_1Y_max--1.266--------
Intrinsic Value_1Y_min--1.242--------
Intrinsic Value_3Y_max--6.118--------
Intrinsic Value_3Y_min--5.794--------
Intrinsic Value_5Y_max--13.758--------
Intrinsic Value_5Y_min--12.571--------
Market Cap2142000000.000+13%1860750000.0002107125000.000-12%1990125000.000-7%1898653846.154-2%1898653846.154-2%
Net Profit Margin--0.0220.037-41%0.026-17%0.024-10%0.024-10%
Operating Margin---0.018-100%0.022-100%0.018-100%0.018-100%
Operating Ratio--1.7271.702+1%1.747-1%1.739-1%1.739-1%
Pb Ratio1.243+13%1.0801.236-13%1.336-19%1.231-12%1.231-12%
Pe Ratio40.115+13%34.84848.240-28%44.386-21%50.647-31%50.647-31%
Price Per Share47.600+13%41.35046.825-12%44.225-7%42.192-2%42.192-2%
Price To Free Cash Flow Ratio208.447+13%181.07750.181+261%12.115+1395%20.182+797%20.182+797%
Price To Total Gains Ratio65.928+13%57.27135.229+63%41.637+38%129.536-56%129.536-56%
Quick Ratio--0.3130.344-9%0.390-20%0.370-15%0.370-15%
Return On Assets--0.0040.009-58%0.006-39%0.006-34%0.006-34%
Return On Equity--0.0080.019-59%0.014-45%0.012-37%0.012-37%
Total Gains Per Share--0.7221.152-37%1.554-54%3.619-80%3.619-80%
Usd Book Value--53935721.80053437449.275+1%46698606.225+15%48296441.731+12%48296441.731+12%
Usd Book Value Change Per Share--0.0230.036-37%0.011+97%0.092-75%0.092-75%
Usd Book Value Per Share--1.1991.187+1%1.038+15%1.073+12%1.073+12%
Usd Dividend Per Share----0%0.037-100%0.021-100%0.021-100%
Usd Eps--0.0090.011-12%0.015-37%0.010-8%0.010-8%
Usd Free Cash Flow--80409.7003026037.050-97%-1070342.625+1431%179758.308-55%179758.308-55%
Usd Free Cash Flow Per Share--0.0020.067-97%-0.024+1431%0.004-55%0.004-55%
Usd Free Cash Flow To Equity Per Share--0.0020.028-94%-0.011+707%0.006-72%0.006-72%
Usd Market Cap67044600.000+13%58241475.00065953012.500-12%62290912.500-7%59427865.385-2%59427865.385-2%
Usd Price Per Share1.490+13%1.2941.466-12%1.384-7%1.321-2%1.321-2%
Usd Profit--417823.7001014566.025-59%664686.800-37%618059.431-32%618059.431-32%
Usd Revenue--19162110.40024400580.125-21%22913446.700-16%22357435.908-14%22357435.908-14%
Usd Total Gains Per Share--0.0230.036-37%0.049-54%0.113-80%0.113-80%
 EOD+4 -4MRQTTM+10 -23YOY+18 -175Y+10 -2510Y+10 -25

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1540.115
Price to Book Ratio (EOD)Between0-11.243
Net Profit Margin (MRQ)Greater than00.022
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.313
Current Ratio (MRQ)Greater than11.414
Debt to Asset Ratio (MRQ)Less than10.509
Debt to Equity Ratio (MRQ)Less than11.046
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.004
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.216
Ma 20Greater thanMa 5045.098
Ma 50Greater thanMa 10043.859
Ma 100Greater thanMa 20043.221
OpenGreater thanClose49.400
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets3,511,947
Total Liabilities1,788,761
Total Stockholder Equity1,709,311
 As reported
Total Liabilities 1,788,761
Total Stockholder Equity+ 1,709,311
Total Assets = 3,511,947

Assets

Total Assets3,511,947
Total Current Assets2,348,092
Long-term Assets1,163,855
Total Current Assets
Cash And Cash Equivalents 304,224
Short-term Investments 32,542
Net Receivables 487,317
Inventory 1,447,185
Total Current Assets  (as reported)2,348,092
Total Current Assets  (calculated)2,271,268
+/- 76,824
Long-term Assets
Property Plant Equipment 802,101
Long-term Assets Other 28,400
Long-term Assets  (as reported)1,163,855
Long-term Assets  (calculated)830,501
+/- 333,354

Liabilities & Shareholders' Equity

Total Current Liabilities1,660,267
Long-term Liabilities128,494
Total Stockholder Equity1,709,311
Total Current Liabilities
Short Long Term Debt 723,404
Accounts payable 415,647
Other Current Liabilities 21,979
Total Current Liabilities  (as reported)1,660,267
Total Current Liabilities  (calculated)1,161,030
+/- 499,237
Long-term Liabilities
Long term Debt 12,360
Capital Lease Obligations Min Short Term Debt8,902
Long-term Liabilities  (as reported)128,494
Long-term Liabilities  (calculated)21,262
+/- 107,232
Total Stockholder Equity
Retained Earnings 176,673
Total Stockholder Equity (as reported)1,709,311
Total Stockholder Equity (calculated)176,673
+/- 1,532,638
Other
Capital Stock450,000
Common Stock Shares Outstanding 45,000
Net Debt 431,540
Net Invested Capital 2,445,075
Net Working Capital 687,825
Property Plant and Equipment Gross 802,101



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 
2,870,476
2,965,299
2,969,130
3,133,383
3,229,698
3,373,090
3,163,513
3,361,261
3,688,994
3,714,516
3,397,590
3,373,948
3,511,947
3,511,9473,373,9483,397,5903,714,5163,688,9943,361,2613,163,5133,373,0903,229,6983,133,3832,969,1302,965,2992,870,476
   > Total Current Assets 
1,896,870
2,003,389
2,005,776
2,163,151
2,262,675
2,406,092
2,206,733
2,398,417
2,709,904
2,540,221
2,221,949
2,207,099
2,348,092
2,348,0922,207,0992,221,9492,540,2212,709,9042,398,4172,206,7332,406,0922,262,6752,163,1512,005,7762,003,3891,896,870
       Cash And Cash Equivalents 
270,445
296,879
304,767
234,384
239,756
268,948
240,864
182,971
207,541
259,173
230,144
265,052
304,224
304,224265,052230,144259,173207,541182,971240,864268,948239,756234,384304,767296,879270,445
       Short-term Investments 
12,807
13,131
13,032
12,927
12,915
13,032
13,712
13,511
13,613
13,418
13,487
22,382
32,542
32,54222,38213,48713,41813,61313,51113,71213,03212,91512,92713,03213,13112,807
       Net Receivables 
468,995
529,809
465,764
573,327
603,410
884,609
570,725
544,437
693,339
715,093
511,213
510,929
487,317
487,317510,929511,213715,093693,339544,437570,725884,609603,410573,327465,764529,809468,995
       Inventory 
1,099,534
1,119,250
1,176,394
1,280,384
1,360,125
1,198,907
1,338,746
1,596,311
1,734,391
1,490,274
1,428,363
1,367,224
1,447,185
1,447,1851,367,2241,428,3631,490,2741,734,3911,596,3111,338,7461,198,9071,360,1251,280,3841,176,3941,119,2501,099,534
       Other Current Assets 
194
194
194
194
194
194
194
194
194
0
0
166
0
016600194194194194194194194194194
   > Long-term Assets 
973,606
961,910
963,354
970,232
967,023
966,998
956,780
962,844
979,090
1,174,295
1,175,641
1,166,849
1,163,855
1,163,8551,166,8491,175,6411,174,295979,090962,844956,780966,998967,023970,232963,354961,910973,606
       Property Plant Equipment 
771,280
761,960
762,769
761,703
757,934
761,707
756,199
754,478
749,512
740,715
760,005
805,097
802,101
802,101805,097760,005740,715749,512754,478756,199761,707757,934761,703762,769761,960771,280
       Other Assets 
75,002
73,113
74,347
82,695
80,696
77,607
72,754
80,824
101,984
0
126,264
72,972
0
072,972126,2640101,98480,82472,75477,60780,69682,69574,34773,11375,002
> Total Liabilities 
1,409,788
1,485,857
1,533,321
1,696,865
1,779,870
1,871,626
1,692,425
1,881,824
2,173,110
1,966,119
1,730,802
1,683,252
1,788,761
1,788,7611,683,2521,730,8021,966,1192,173,1101,881,8241,692,4251,871,6261,779,8701,696,8651,533,3211,485,8571,409,788
   > Total Current Liabilities 
1,278,991
1,351,434
1,402,407
1,565,333
1,648,216
1,751,251
1,553,936
1,738,797
2,027,521
1,837,821
1,606,692
1,562,178
1,660,267
1,660,2671,562,1781,606,6921,837,8212,027,5211,738,7971,553,9361,751,2511,648,2161,565,3331,402,4071,351,4341,278,991
       Short Long Term Debt 
543,557
458,899
458,036
599,661
678,465
756,417
463,765
631,367
869,714
700,082
590,781
595,351
723,404
723,404595,351590,781700,082869,714631,367463,765756,417678,465599,661458,036458,899543,557
       Accounts payable 
384,067
463,786
495,281
573,520
490,984
554,429
611,002
605,928
601,441
591,145
410,377
412,915
415,647
415,647412,915410,377591,145601,441605,928611,002554,429490,984573,520495,281463,786384,067
       Other Current Liabilities 
270,941
324,920
376,454
305,490
385,498
330,470
399,310
397,830
455,344
18,916
597,593
450,854
21,979
21,979450,854597,59318,916455,344397,830399,310330,470385,498305,490376,454324,920270,941
   > Long-term Liabilities 
130,797
134,423
130,914
131,532
131,654
120,375
138,489
143,027
145,589
128,298
124,110
121,074
128,494
128,494121,074124,110128,298145,589143,027138,489120,375131,654131,532130,914134,423130,797
       Long term Debt 
17,946
22,691
20,822
17,761
14,607
9,479
27,281
24,108
21,436
19,460
17,097
14,758
12,360
12,36014,75817,09719,46021,43624,10827,2819,47914,60717,76120,82222,69117,946
       Capital Lease Obligations Min Short Term Debt
9,878
8,006
5,315
11,024
12,258
9,851
7,422
17,603
14,900
13,269
11,739
11,542
8,902
8,90211,54211,73913,26914,90017,6037,4229,85112,25811,0245,3158,0069,878
       Other Liabilities 
111,184
109,912
108,726
109,651
111,613
106,562
108,582
111,066
114,442
0
104,806
104,806
0
0104,806104,8060114,442111,066108,582106,562111,613109,651108,726109,912111,184
> Total Stockholder Equity
1,447,588
1,465,903
1,422,278
1,422,465
1,435,309
1,487,587
1,456,383
1,465,499
1,501,472
1,736,203
1,654,568
1,677,850
1,709,311
1,709,3111,677,8501,654,5681,736,2031,501,4721,465,4991,456,3831,487,5871,435,3091,422,4651,422,2781,465,9031,447,588
   Common Stock
450,000
450,000
450,000
450,000
450,000
450,000
450,000
450,000
450,000
0
450,000
450,000
0
0450,000450,0000450,000450,000450,000450,000450,000450,000450,000450,000450,000
   Retained Earnings 
335,857
347,135
307,245
313,892
327,729
378,136
337,330
347,221
369,262
163,863
367,735
400,323
176,673
176,673400,323367,735163,863369,262347,221337,330378,136327,729313,892307,245347,135335,857
   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 (+$)
totalRevenue3,118,285
Cost of Revenue-2,333,582
Gross Profit784,703784,703
 
Operating Income (+$)
Gross Profit784,703
Operating Expense-2,963,394
Operating Income154,891-2,178,691
 
Operating Expense (+$)
Research Development170,149
Selling General Administrative459,663
Selling And Marketing Expenses-
Operating Expense2,963,394629,812
 
Net Interest Income (+$)
Interest Income2,670
Interest Expense-15,204
Other Finance Cost-0
Net Interest Income-12,534
 
Pretax Income (+$)
Operating Income154,891
Net Interest Income-12,534
Other Non-Operating Income Expenses-
Income Before Tax (EBT)161,107154,891
EBIT - interestExpense = -15,204
129,657
144,861
Interest Expense15,204
Earnings Before Interest and Taxes (EBIT)-176,311
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax161,107
Tax Provision-30,420
Net Income From Continuing Ops130,687130,687
Net Income129,657
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-12,534
 

Technical Analysis of Ablerex
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 Ablerex. The general trend of Ablerex is BULLISH with 57.1% 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 Ablerex'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 (57.1%) Bearish trend (-57.1%)
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 Ablerex 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: 53.10 < 57.00 < 60.50.

The bearish price targets are: 49.10 > 45.30 > 44.10.

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Ablerex 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 Ablerex Electronics Co Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Ablerex 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 Ablerex Electronics Co Ltd. The current macd is 1.56124143.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ablerex price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ablerex. 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 Ablerex price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ablerex Electronics Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAblerex 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 Ablerex Electronics Co Ltd. The current adx is 32.39.

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 Ablerex 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.
Ablerex 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 Ablerex Electronics Co Ltd. The current sar is 44.59.

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
Ablerex 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 Ablerex Electronics Co Ltd. The current rsi is 62.22. 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
Ablerex Electronics Co Ltd Daily Relative Strength Index (RSI) ChartAblerex 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 Ablerex 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 Ablerex price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Ablerex Electronics Co Ltd Daily Stochastic Oscillator ChartAblerex 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 Ablerex Electronics Co Ltd. The current cci is 72.03.

Ablerex Electronics Co Ltd Daily Commodity Channel Index (CCI) ChartAblerex 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 Ablerex Electronics Co Ltd. The current cmo is 19.84.

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
Ablerex Electronics Co Ltd Daily Chande Momentum Oscillator (CMO) ChartAblerex 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 Ablerex Electronics Co Ltd. The current willr is -34.83146067.

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

Ablerex 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 Ablerex Electronics Co Ltd. The current atr is 1.31864748.

Ablerex Electronics Co Ltd Daily Average True Range (ATR) ChartAblerex 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 Ablerex Electronics Co Ltd. The current obv is 25,211,220.

Ablerex Electronics Co Ltd Daily On-Balance Volume (OBV) ChartAblerex 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 Ablerex Electronics Co Ltd. The current mfi is 72.44.

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

  • MFI > 50: +1
Ablerex Electronics Co Ltd Daily Money Flow Index (MFI) ChartAblerex Electronics Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Ablerex Electronics Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.216
Ma 20Greater thanMa 5045.098
Ma 50Greater thanMa 10043.859
Ma 100Greater thanMa 20043.221
OpenGreater thanClose49.400
Total4/5 (80.0%)
Penke

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