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Gigasolar Materials
Buy, Hold or Sell?

Let's analyse Gigasolar together

PenkeI guess you are interested in Gigasolar Materials. 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 Gigasolar Materials. 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 Gigasolar (30 sec.)










What can you expect buying and holding a share of Gigasolar? (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?
35.0%

What is your share worth?

Current worth
NT$87.71
Expected worth in 1 year
NT$79.29
How sure are you?
45.0%

+ What do you gain per year?

Total Gains per Share
NT$-8.42
Return On Investment
-6.8%

For what price can you sell your share?

Current Price per Share
NT$123.50
Expected price per share
NT$106.50 - NT$128.50
How sure are you?
50%

1. Valuation of Gigasolar (5 min.)




Live pricePrice per Share (EOD)

NT$123.50

Intrinsic Value Per Share

NT$-139.55 - NT$-167.65

Total Value Per Share

NT$-51.83 - NT$-79.93

2. Growth of Gigasolar (5 min.)




Is Gigasolar growing?

Current yearPrevious yearGrowGrow %
How rich?$252.2m$237.3m$21.2m8.2%

How much money is Gigasolar making?

Current yearPrevious yearGrowGrow %
Making money-$5.4m-$2.9m-$2.4m-45.7%
Net Profit Margin-22.4%-5.5%--

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

3. Financial Health of Gigasolar (5 min.)




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




  Industry Rankings (Solar)  


Richest
#32 / 84

Most Revenue
#49 / 84

Most Profit
#70 / 84

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

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

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

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

Speculation

The Price per Share of Gigasolar is NT$123.50. 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 Gigasolar.
  • 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 Gigasolar, 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$87.71. Based on the TTM, the Book Value Change Per Share is NT$-2.11 per quarter. Based on the YOY, the Book Value Change Per Share is NT$4.66 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 Gigasolar.

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 Eps-0.010.0%-0.050.0%-0.030.0%-0.030.0%-0.030.0%
Usd Book Value Change Per Share-0.050.0%-0.07-0.1%0.150.1%0.140.1%0.140.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.020.0%0.020.0%
Usd Total Gains Per Share-0.050.0%-0.07-0.1%0.150.1%0.150.1%0.150.1%
Usd Price Per Share2.44-3.04-5.16-4.15-4.15-
Price to Earnings Ratio-69.83--27.60--2.01--8.21--8.21-
Price-to-Total Gains Ratio-53.67--61.63--45.87--52.07--52.07-
Price to Book Ratio0.89-1.08-2.05-1.89-1.89-
Price-to-Total Gains Ratio-53.67--61.63--45.87--52.07--52.07-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.86555
Number of shares258
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.02
Usd Book Value Change Per Share-0.070.14
Usd Total Gains Per Share-0.070.15
Gains per Quarter (258 shares)-17.0139.36
Gains per Year (258 shares)-68.02157.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-68-7816142147
20-136-14632283304
30-204-21447425461
40-272-28263567618
50-340-35079708775
60-408-41895850932
70-476-4861119921089
80-544-55412611331246
90-612-62214212751403
100-680-69015814171560

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 Share0.04.00.00.0%3.09.00.025.0%6.014.00.030.0%6.014.00.030.0%6.014.00.030.0%
Book Value Change Per Share0.04.00.00.0%5.07.00.041.7%9.011.00.045.0%9.011.00.045.0%9.011.00.045.0%
Dividend per Share0.00.04.00.0%4.00.08.033.3%7.00.013.035.0%7.00.013.035.0%7.00.013.035.0%
Total Gains per Share0.04.00.00.0%5.07.00.041.7%9.011.00.045.0%9.011.00.045.0%9.011.00.045.0%

Fundamentals of Gigasolar

About Gigasolar Materials

Giga Solar Materials Corp. manufactures and sells photovoltaic cell conductive pastes in Asia, Europe, and the United States. It provides conductive pastes for photovoltaic cells, such as front and rear Ag, and rear Al pastes. The company was founded in 2003 and is based in Hsinchu City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-26 06:35:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Gigasolar Materials.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Gigasolar to the Solar industry mean.
  • A Net Profit Margin of -4.3% means that NT$-0.04 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Gigasolar Materials:

  • The MRQ is -4.3%. The company is making a loss. -1
  • The TTM is -22.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-4.3%TTM-22.4%+18.1%
TTM-22.4%YOY-5.5%-16.8%
TTM-22.4%5Y-7.8%-14.6%
5Y-7.8%10Y-7.8%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%0.1%-4.4%
TTM-22.4%-4.3%-18.1%
YOY-5.5%-0.3%-5.2%
5Y-7.8%-8.1%+0.3%
10Y-7.8%-8.3%+0.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Gigasolar to the Solar industry mean.
  • -0.2% Return on Assets means that Gigasolar generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Gigasolar Materials:

  • The MRQ is -0.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM-1.5%+1.3%
TTM-1.5%YOY-0.8%-0.7%
TTM-1.5%5Y-0.6%-0.9%
5Y-0.6%10Y-0.6%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.2%-0.2%0.0%
TTM-1.5%-0.2%-1.3%
YOY-0.8%-0.2%-0.6%
5Y-0.6%-0.6%0.0%
10Y-0.6%-0.6%0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Gigasolar to the Solar industry mean.
  • -0.4% Return on Equity means Gigasolar generated NT$0.00 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Gigasolar Materials:

  • The MRQ is -0.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -2.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.4%TTM-2.3%+2.0%
TTM-2.3%YOY-1.4%-1.0%
TTM-2.3%5Y-1.4%-1.0%
5Y-1.4%10Y-1.4%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.4%0.1%-0.5%
TTM-2.3%0.4%-2.7%
YOY-1.4%0.5%-1.9%
5Y-1.4%-0.5%-0.9%
10Y-1.4%-0.6%-0.8%

1.2. Operating Efficiency of Gigasolar Materials.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Gigasolar is operating .

  • Measures how much profit Gigasolar 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 Gigasolar to the Solar 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 Gigasolar Materials:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-8.3%+8.3%
TTM-8.3%YOY-5.6%-2.7%
TTM-8.3%5Y-1.4%-6.9%
5Y-1.4%10Y-1.4%0.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ--6.4%+6.4%
TTM-8.3%-0.7%-7.6%
YOY-5.6%0.2%-5.8%
5Y-1.4%0.1%-1.5%
10Y-1.4%-1.4%+0.0%
1.2.2. Operating Ratio

Measures how efficient Gigasolar is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Solar industry mean).
  • An Operation Ratio of 2.32 means that the operating costs are NT$2.32 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Gigasolar Materials:

  • The MRQ is 2.324. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.382. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.324TTM2.382-0.058
TTM2.382YOY1.966+0.416
TTM2.3825Y2.001+0.381
5Y2.00110Y2.0010.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3241.629+0.695
TTM2.3821.630+0.752
YOY1.9661.680+0.286
5Y2.0011.625+0.376
10Y2.0011.423+0.578

1.3. Liquidity of Gigasolar Materials.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Solar industry mean).
  • A Current Ratio of 3.33 means the company has NT$3.33 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Gigasolar Materials:

  • The MRQ is 3.334. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.132. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.334TTM3.132+0.202
TTM3.132YOY2.031+1.100
TTM3.1325Y2.037+1.095
5Y2.03710Y2.0370.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3341.265+2.069
TTM3.1321.421+1.711
YOY2.0311.437+0.594
5Y2.0371.536+0.501
10Y2.0371.355+0.682
1.3.2. Quick Ratio

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

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

Let's take a look of the Quick Ratio trends of Gigasolar Materials:

  • The MRQ is 0.406. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.463. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.406TTM0.463-0.057
TTM0.463YOY0.577-0.114
TTM0.4635Y0.514-0.052
5Y0.51410Y0.5140.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4060.517-0.111
TTM0.4630.575-0.112
YOY0.5770.648-0.071
5Y0.5140.651-0.137
10Y0.5140.728-0.214

1.4. Solvency of Gigasolar Materials.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Gigasolar to Solar industry mean.
  • A Debt to Asset Ratio of 0.28 means that Gigasolar assets are financed with 28.0% credit (debt) and the remaining percentage (100% - 28.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Gigasolar Materials:

  • The MRQ is 0.280. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.277. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.280TTM0.277+0.003
TTM0.277YOY0.406-0.130
TTM0.2775Y0.481-0.204
5Y0.48110Y0.4810.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2800.588-0.308
TTM0.2770.587-0.310
YOY0.4060.611-0.205
5Y0.4810.617-0.136
10Y0.4810.614-0.133
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Gigasolar to the Solar industry mean.
  • A Debt to Equity ratio of 44.1% means that company has NT$0.44 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Gigasolar Materials:

  • The MRQ is 0.441. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.433. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.441TTM0.433+0.008
TTM0.433YOY0.778-0.346
TTM0.4335Y1.220-0.788
5Y1.22010Y1.2200.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4411.389-0.948
TTM0.4331.389-0.956
YOY0.7781.657-0.879
5Y1.2201.730-0.510
10Y1.2201.617-0.397

2. Market Valuation of Gigasolar Materials

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 Gigasolar generates.

  • Above 15 is considered overpriced but always compare Gigasolar to the Solar industry mean.
  • A PE ratio of -69.83 means the investor is paying NT$-69.83 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Gigasolar Materials:

  • The EOD is -110.419. Based on the earnings, the company is expensive. -2
  • The MRQ is -69.828. Based on the earnings, the company is expensive. -2
  • The TTM is -27.602. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-110.419MRQ-69.828-40.591
MRQ-69.828TTM-27.602-42.225
TTM-27.602YOY-2.007-25.596
TTM-27.6025Y-8.206-19.396
5Y-8.20610Y-8.2060.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-110.419-0.150-110.269
MRQ-69.828-0.110-69.718
TTM-27.602-0.031-27.571
YOY-2.007-1.055-0.952
5Y-8.206-2.382-5.824
10Y-8.2061.668-9.874
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Gigasolar Materials:

  • The EOD is -19.794. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -12.518. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -265.959. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-19.794MRQ-12.518-7.277
MRQ-12.518TTM-265.959+253.442
TTM-265.959YOY-85.389-180.570
TTM-265.9595Y-65.516-200.443
5Y-65.51610Y-65.5160.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-19.794-1.474-18.320
MRQ-12.518-3.077-9.441
TTM-265.959-3.976-261.983
YOY-85.389-4.644-80.745
5Y-65.516-5.747-59.769
10Y-65.516-6.253-59.263
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Solar industry mean).
  • A PB ratio of 0.89 means the investor is paying NT$0.89 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Gigasolar Materials:

  • The EOD is 1.408. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.890. Based on the equity, the company is cheap. +2
  • The TTM is 1.080. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.408MRQ0.890+0.518
MRQ0.890TTM1.080-0.190
TTM1.080YOY2.050-0.970
TTM1.0805Y1.895-0.815
5Y1.89510Y1.8950.000
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD1.4081.291+0.117
MRQ0.8901.570-0.680
TTM1.0801.728-0.648
YOY2.0502.216-0.166
5Y1.8951.949-0.054
10Y1.8952.346-0.451
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Gigasolar Materials 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---1.455-2.106+45%4.660-131%4.386-133%4.386-133%
Book Value Per Share--87.71389.922-2%82.535+6%71.839+22%71.839+22%
Current Ratio--3.3343.132+6%2.031+64%2.037+64%2.037+64%
Debt To Asset Ratio--0.2800.277+1%0.406-31%0.481-42%0.481-42%
Debt To Equity Ratio--0.4410.433+2%0.778-43%1.220-64%1.220-64%
Dividend Per Share----0%-0%0.489-100%0.489-100%
Eps---0.280-1.506+439%-1.031+269%-0.828+196%-0.828+196%
Free Cash Flow Per Share---1.560-0.970-38%-2.733+75%0.764-304%0.764-304%
Free Cash Flow To Equity Per Share---1.560-3.547+127%0.908-272%-1.947+25%-1.947+25%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---167.646--------
Intrinsic Value_10Y_min---139.548--------
Intrinsic Value_1Y_max---3.405--------
Intrinsic Value_1Y_min---3.336--------
Intrinsic Value_3Y_max---20.438--------
Intrinsic Value_3Y_min---19.306--------
Intrinsic Value_5Y_max---49.779--------
Intrinsic Value_5Y_min---45.325--------
Market Cap11347550500.000+37%7176062300.0008935621750.000-20%15160706707.500-53%12193795271.500-41%12193795271.500-41%
Net Profit Margin---0.043-0.224+420%-0.055+29%-0.078+81%-0.078+81%
Operating Margin----0.0830%-0.0560%-0.0140%-0.0140%
Operating Ratio--2.3242.382-2%1.966+18%2.001+16%2.001+16%
Pb Ratio1.408+37%0.8901.080-18%2.050-57%1.895-53%1.895-53%
Pe Ratio-110.419-58%-69.828-27.602-60%-2.007-97%-8.206-88%-8.206-88%
Price Per Share123.500+37%78.10097.250-20%165.000-53%132.710-41%132.710-41%
Price To Free Cash Flow Ratio-19.794-58%-12.518-265.959+2025%-85.389+582%-65.516+423%-65.516+423%
Price To Total Gains Ratio-84.869-58%-53.670-61.632+15%-45.866-15%-52.066-3%-52.066-3%
Quick Ratio--0.4060.463-12%0.577-30%0.514-21%0.514-21%
Return On Assets---0.002-0.015+553%-0.008+229%-0.006+176%-0.006+176%
Return On Equity---0.004-0.023+549%-0.014+278%-0.014+283%-0.014+283%
Total Gains Per Share---1.455-2.106+45%4.660-131%4.875-130%4.875-130%
Usd Book Value--252257154.200258611038.550-2%237364418.575+6%206604324.795+22%206604324.795+22%
Usd Book Value Change Per Share---0.046-0.066+45%0.146-131%0.137-133%0.137-133%
Usd Book Value Per Share--2.7452.815-2%2.583+6%2.249+22%2.249+22%
Usd Dividend Per Share----0%-0%0.015-100%0.015-100%
Usd Eps---0.009-0.047+439%-0.032+269%-0.026+196%-0.026+196%
Usd Free Cash Flow---4485916.000-2789557.725-38%-7860337.700+75%2197701.330-304%2197701.330-304%
Usd Free Cash Flow Per Share---0.049-0.030-38%-0.086+75%0.024-304%0.024-304%
Usd Free Cash Flow To Equity Per Share---0.049-0.111+127%0.028-272%-0.061+25%-0.061+25%
Usd Market Cap355178330.650+37%224610749.990279684960.775-20%474530119.945-53%381665791.998-41%381665791.998-41%
Usd Price Per Share3.866+37%2.4453.044-20%5.165-53%4.154-41%4.154-41%
Usd Profit---804159.600-5455840.400+578%-2963820.475+269%-2606936.310+224%-2606936.310+224%
Usd Revenue--18665942.80023131599.875-19%51871142.500-64%52532668.000-64%52532668.000-64%
Usd Total Gains Per Share---0.046-0.066+45%0.146-131%0.153-130%0.153-130%
 EOD+5 -3MRQTTM+18 -14YOY+18 -145Y+17 -1710Y+17 -17

3.2. Fundamental Score

Let's check the fundamental score of Gigasolar Materials based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-110.419
Price to Book Ratio (EOD)Between0-11.408
Net Profit Margin (MRQ)Greater than0-0.043
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.406
Current Ratio (MRQ)Greater than13.334
Debt to Asset Ratio (MRQ)Less than10.280
Debt to Equity Ratio (MRQ)Less than10.441
Return on Equity (MRQ)Greater than0.15-0.004
Return on Assets (MRQ)Greater than0.05-0.002
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Gigasolar Materials based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.560
Ma 20Greater thanMa 50115.950
Ma 50Greater thanMa 100106.214
Ma 100Greater thanMa 20095.927
OpenGreater thanClose119.000
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets11,188,155
Total Liabilities3,128,821
Total Stockholder Equity7,098,938
 As reported
Total Liabilities 3,128,821
Total Stockholder Equity+ 7,098,938
Total Assets = 11,188,155

Assets

Total Assets11,188,155
Total Current Assets4,352,547
Long-term Assets6,835,608
Total Current Assets
Cash And Cash Equivalents 2,487,085
Short-term Investments 99,875
Net Receivables 430,121
Inventory 880,044
Other Current Assets 47,613
Total Current Assets  (as reported)4,352,547
Total Current Assets  (calculated)3,944,738
+/- 407,809
Long-term Assets
Property Plant Equipment 4,646,257
Long-term Assets Other 595,593
Long-term Assets  (as reported)6,835,608
Long-term Assets  (calculated)5,241,850
+/- 1,593,758

Liabilities & Shareholders' Equity

Total Current Liabilities1,305,574
Long-term Liabilities1,823,247
Total Stockholder Equity7,098,938
Total Current Liabilities
Short Long Term Debt 398,059
Accounts payable 197,601
Other Current Liabilities 53,719
Total Current Liabilities  (as reported)1,305,574
Total Current Liabilities  (calculated)649,379
+/- 656,195
Long-term Liabilities
Long term Debt 1,626,748
Capital Lease Obligations Min Short Term Debt120,704
Long-term Liabilities Other 41,615
Long-term Liabilities  (as reported)1,823,247
Long-term Liabilities  (calculated)1,789,067
+/- 34,180
Total Stockholder Equity
Total Stockholder Equity (as reported)7,098,938
Total Stockholder Equity (calculated)0
+/- 7,098,938
Other
Capital Stock918,834
Common Stock Shares Outstanding 91,883
Net Invested Capital 9,123,745
Net Working Capital 3,046,973
Property Plant and Equipment Gross 4,646,257



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
16,465,343
18,292,324
15,029,030
12,944,875
12,341,836
12,680,914
12,368,503
12,295,716
13,199,274
12,499,880
13,228,149
12,615,087
12,394,530
13,237,494
12,492,703
12,930,137
12,211,840
11,195,094
11,126,276
11,188,155
11,188,15511,126,27611,195,09412,211,84012,930,13712,492,70313,237,49412,394,53012,615,08713,228,14912,499,88013,199,27412,295,71612,368,50312,680,91412,341,83612,944,87515,029,03018,292,32416,465,343
   > Total Current Assets 
10,213,566
11,462,371
9,120,929
7,187,006
6,612,192
7,064,389
6,799,057
6,785,196
7,348,822
6,713,494
7,536,627
6,524,994
6,166,601
6,069,704
5,527,294
5,926,371
5,216,617
4,167,714
4,347,553
4,352,547
4,352,5474,347,5534,167,7145,216,6175,926,3715,527,2946,069,7046,166,6016,524,9947,536,6276,713,4947,348,8226,785,1966,799,0577,064,3896,612,1927,187,0069,120,92911,462,37110,213,566
       Cash And Cash Equivalents 
4,233,945
5,577,649
2,874,992
2,187,612
1,877,523
2,015,339
2,460,836
2,073,372
2,524,034
2,463,698
3,352,655
2,469,203
2,779,141
2,521,481
2,046,493
2,763,241
2,781,496
2,117,173
2,590,826
2,487,085
2,487,0852,590,8262,117,1732,781,4962,763,2412,046,4932,521,4812,779,1412,469,2033,352,6552,463,6982,524,0342,073,3722,460,8362,015,3391,877,5232,187,6122,874,9925,577,6494,233,945
       Short-term Investments 
0
122,049
121,983
127,148
147,974
126,597
83,013
79,735
78,692
78,724
116,175
116,186
59,082
61,086
46,303
58,520
69,789
71,645
88,370
99,875
99,87588,37071,64569,78958,52046,30361,08659,082116,186116,17578,72478,69279,73583,013126,597147,974127,148121,983122,0490
       Net Receivables 
3,407,183
1,474,971
1,574,472
1,197,965
2,632,592
2,682,478
2,425,300
2,534,812
2,525,809
2,249,459
2,078,992
1,915,609
1,376,433
1,588,343
1,844,586
1,667,559
719,033
749,659
463,492
430,121
430,121463,492749,659719,0331,667,5591,844,5861,588,3431,376,4331,915,6092,078,9922,249,4592,525,8092,534,8122,425,3002,682,4782,632,5921,197,9651,574,4721,474,9713,407,183
       Inventory 
1,629,604
1,535,356
1,372,707
1,314,284
1,447,791
1,675,354
1,417,034
1,662,456
1,843,692
1,417,965
1,538,524
1,253,368
1,294,810
1,294,376
1,164,494
962,626
1,032,644
991,697
815,663
880,044
880,044815,663991,6971,032,644962,6261,164,4941,294,3761,294,8101,253,3681,538,5241,417,9651,843,6921,662,4561,417,0341,675,3541,447,7911,314,2841,372,7071,535,3561,629,604
       Other Current Assets 
775,076
14,949
43,800
46,768
73,286
76,493
37,808
457,893
23,759
50,159
509,698
830,032
716,217
665,504
471,721
532,945
362,530
96,263
28,483
47,613
47,61328,48396,263362,530532,945471,721665,504716,217830,032509,69850,15923,759457,89337,80876,49373,28646,76843,80014,949775,076
   > Long-term Assets 
0
6,829,953
5,908,101
5,757,869
5,729,644
5,616,525
5,569,446
5,510,520
5,850,452
5,786,386
5,691,522
6,090,093
6,227,929
7,167,790
6,965,409
7,003,766
6,995,223
7,027,380
6,778,723
6,835,608
6,835,6086,778,7237,027,3806,995,2237,003,7666,965,4097,167,7906,227,9296,090,0935,691,5225,786,3865,850,4525,510,5205,569,4465,616,5255,729,6445,757,8695,908,1016,829,9530
       Property Plant Equipment 
4,264,824
5,080,103
4,181,373
4,091,405
3,938,003
3,988,423
3,922,953
3,925,961
3,921,793
3,756,341
3,650,394
3,922,824
3,987,127
4,788,065
4,622,945
4,686,900
4,714,301
4,715,105
4,567,474
4,646,257
4,646,2574,567,4744,715,1054,714,3014,686,9004,622,9454,788,0653,987,1273,922,8243,650,3943,756,3413,921,7933,925,9613,922,9533,988,4233,938,0034,091,4054,181,3735,080,1034,264,824
       Goodwill 
88,030
88,030
88,030
88,030
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000088,03088,03088,03088,030
       Long Term Investments 
993,081
1,196,650
1,166,816
1,198,105
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,198,1051,166,8161,196,650993,081
       Intangible Assets 
110,274
107,324
104,374
101,446
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000101,446104,374107,324110,274
       Long-term Assets Other 
0
96,698
31,994
58,932
91,933
103,006
104,014
103,158
483,712
519,707
519,874
506,301
527,457
536,106
586,028
571,000
594,622
641,383
596,705
595,593
595,593596,705641,383594,622571,000586,028536,106527,457506,301519,874519,707483,712103,158104,014103,00691,93358,93231,99496,6980
> Total Liabilities 
11,245,389
12,872,420
9,454,125
7,427,035
6,982,469
7,520,606
7,465,773
7,148,888
7,408,618
6,374,629
5,934,338
5,494,543
5,383,951
5,881,654
5,358,349
4,096,799
3,680,289
2,929,685
2,933,236
3,128,821
3,128,8212,933,2362,929,6853,680,2894,096,7995,358,3495,881,6545,383,9515,494,5435,934,3386,374,6297,408,6187,148,8887,465,7737,520,6066,982,4697,427,0359,454,12512,872,42011,245,389
   > Total Current Liabilities 
7,164,469
7,556,879
5,149,665
3,211,497
2,918,743
5,290,052
5,345,949
5,070,611
5,396,798
4,070,316
3,746,550
3,435,546
3,070,447
3,381,403
3,018,767
2,379,199
2,028,124
1,358,701
1,223,722
1,305,574
1,305,5741,223,7221,358,7012,028,1242,379,1993,018,7673,381,4033,070,4473,435,5463,746,5504,070,3165,396,7985,070,6115,345,9495,290,0522,918,7433,211,4975,149,6657,556,8797,164,469
       Short-term Debt 
3,670,854
6,358,522
3,915,937
2,251,222
1,977,750
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,977,7502,251,2223,915,9376,358,5223,670,854
       Short Long Term Debt 
3,670,854
6,358,522
3,915,937
2,251,222
1,977,750
4,369,509
4,221,620
3,763,460
3,621,051
2,353,625
2,334,675
1,650,360
1,828,743
2,083,125
1,706,754
1,010,768
913,836
503,733
414,783
398,059
398,059414,783503,733913,8361,010,7681,706,7542,083,1251,828,7431,650,3602,334,6752,353,6253,621,0513,763,4604,221,6204,369,5091,977,7502,251,2223,915,9376,358,5223,670,854
       Accounts payable 
222,225
136,690
177,994
169,590
125,138
151,561
87,656
283,873
97,582
465,256
66,725
493,124
77,608
106,266
361,599
362,835
224,302
87,528
150,303
197,601
197,601150,30387,528224,302362,835361,599106,26677,608493,12466,725465,25697,582283,87387,656151,561125,138169,590177,994136,690222,225
       Other Current Liabilities 
1,256,290
464,583
369,902
417,215
802,069
819,145
1,010,007
996,730
1,643,769
1,217,650
1,310,389
1,276,695
1,065,415
1,089,842
834,474
875,758
41,096
738,990
568,099
53,719
53,719568,099738,99041,096875,758834,4741,089,8421,065,4151,276,6951,310,3891,217,6501,643,769996,7301,010,007819,145802,069417,215369,902464,5831,256,290
   > Long-term Liabilities 
0
5,315,541
4,304,460
4,215,538
4,063,726
2,230,554
2,119,824
2,078,277
2,011,820
2,304,313
2,187,788
2,058,997
2,313,504
2,500,251
2,339,582
1,717,600
1,652,165
1,570,984
1,709,514
1,823,247
1,823,2471,709,5141,570,9841,652,1651,717,6002,339,5822,500,2512,313,5042,058,9972,187,7882,304,3132,011,8202,078,2772,119,8242,230,5544,063,7264,215,5384,304,4605,315,5410
       Capital Lease Obligations 
0
743,905
298,906
293,111
287,188
279,772
271,874
265,371
261,518
250,048
251,409
275,109
266,316
257,871
248,808
243,751
234,399
228,292
122,474
120,704
120,704122,474228,292234,399243,751248,808257,871266,316275,109251,409250,048261,518265,371271,874279,772287,188293,111298,906743,9050
       Long-term Liabilities Other 
0
3,664
4,521
4,350
3,514
4,325
3,423
3,485
3,572
3,545
3,517
3,514
43,545
44,675
43,733
43,754
43,715
42,728
41,783
41,615
41,61541,78342,72843,71543,75443,73344,67543,5453,5143,5173,5453,5723,4853,4234,3253,5144,3504,5213,6640
       Deferred Long Term Liability 
68,100
21,790
13,618
1,965
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,96513,61821,79068,100
> Total Stockholder Equity
4,363,378
4,592,296
4,794,862
4,828,721
4,733,084
4,563,458
4,382,262
4,647,526
5,296,765
5,464,777
6,650,898
6,472,016
6,409,115
6,508,702
6,275,606
7,961,968
7,587,938
7,414,787
7,169,531
7,098,938
7,098,9387,169,5317,414,7877,587,9387,961,9686,275,6066,508,7026,409,1156,472,0166,650,8985,464,7775,296,7654,647,5264,382,2624,563,4584,733,0844,828,7214,794,8624,592,2964,363,378
   Common Stock
609,890
609,890
636,750
636,750
636,750
636,750
636,750
636,750
658,830
658,830
758,834
758,834
758,834
758,834
758,834
918,834
0
918,834
0
0
00918,8340918,834758,834758,834758,834758,834758,834658,830658,830636,750636,750636,750636,750636,750636,750609,890609,890
   Retained Earnings 
2,131,783
1,438,451
1,411,029
1,486,627
2,311,869
2,255,726
2,073,197
2,323,077
2,378,445
2,444,072
2,361,804
2,112,748
1,910,480
1,960,689
1,894,299
1,736,937
440,162
1,224,817
-50,167
-74,975
-74,975-50,1671,224,817440,1621,736,9371,894,2991,960,6891,910,4802,112,7482,361,8042,444,0722,378,4452,323,0772,073,1972,255,7262,311,8691,486,6271,411,0291,438,4512,131,783
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue2,956,115
Cost of Revenue-3,064,021
Gross Profit-107,906-107,906
 
Operating Income (+$)
Gross Profit-107,906
Operating Expense-3,893,580
Operating Income-937,465-4,001,486
 
Operating Expense (+$)
Research Development287,588
Selling General Administrative541,971
Selling And Marketing Expenses-
Operating Expense3,893,580829,559
 
Net Interest Income (+$)
Interest Income36,883
Interest Expense-54,114
Other Finance Cost-0
Net Interest Income-17,231
 
Pretax Income (+$)
Operating Income-937,465
Net Interest Income-17,231
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-1,014,586-937,465
EBIT - interestExpense = -54,114
-697,232
-643,118
Interest Expense54,114
Earnings Before Interest and Taxes (EBIT)--960,472
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-1,014,586
Tax Provision-32,314
Net Income From Continuing Ops-1,046,900-1,046,900
Net Income-697,232
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-17,231
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Gigasolar Materials.

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

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

The bullish price targets are: 124.00 < 126.00 < 128.50.

The bearish price targets are: 109.00 > 109.00 > 106.50.

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Gigasolar Materials 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 Gigasolar Materials. The current mas is .

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

Gigasolar Materials 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 Gigasolar Materials. The current macd is 3.92827281.

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 Gigasolar price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Gigasolar. 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 Gigasolar 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
Gigasolar Materials Daily Moving Average Convergence/Divergence (MACD) ChartGigasolar Materials 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 Gigasolar Materials. The current adx is 45.70.

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 Gigasolar 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.
Gigasolar Materials 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 Gigasolar Materials. The current sar is 114.05.

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
Gigasolar Materials 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 Gigasolar Materials. The current rsi is 70.56. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Gigasolar Materials Daily Relative Strength Index (RSI) ChartGigasolar Materials 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 Gigasolar Materials. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Gigasolar price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Gigasolar Materials Daily Stochastic Oscillator ChartGigasolar Materials 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 Gigasolar Materials. The current cci is 157.30.

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
Gigasolar Materials Daily Commodity Channel Index (CCI) ChartGigasolar Materials 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 Gigasolar Materials. The current cmo is 48.23.

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
Gigasolar Materials Daily Chande Momentum Oscillator (CMO) ChartGigasolar Materials 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 Gigasolar Materials. The current willr is -14.70588235.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Gigasolar Materials Daily Williams %R ChartGigasolar Materials 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 Gigasolar Materials.

Gigasolar Materials 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 Gigasolar Materials. The current atr is 4.42528057.

Gigasolar Materials Daily Average True Range (ATR) ChartGigasolar Materials 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 Gigasolar Materials. The current obv is 10,418,394.

Gigasolar Materials Daily On-Balance Volume (OBV) ChartGigasolar Materials 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 Gigasolar Materials. The current mfi is 61.52.

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
Gigasolar Materials Daily Money Flow Index (MFI) ChartGigasolar Materials Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Gigasolar Materials.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-31STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09STOCH 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).
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20SAR 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
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05STOCH 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).
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH 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).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-25MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH 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.

6.3. Candlestick Patterns

Gigasolar Materials Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Gigasolar Materials based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.560
Ma 20Greater thanMa 50115.950
Ma 50Greater thanMa 100106.214
Ma 100Greater thanMa 20095.927
OpenGreater thanClose119.000
Total4/5 (80.0%)
Penke

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