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Magnate Technology Co Ltd
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Let's analyse Magnate Technology Co Ltd together

PenkeI guess you are interested in Magnate Technology Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Magnate Technology Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Magnate Technology Co Ltd (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
NT$23.24
Expected worth in 1 year
NT$21.69
How sure are you?
61.5%

+ What do you gain per year?

Total Gains per Share
NT$-1.56
Return On Investment
-4.9%

For what price can you sell your share?

Current Price per Share
NT$31.45
Expected price per share
NT$27.90 - NT$33.30
How sure are you?
50%

1. Valuation of Magnate Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

NT$31.45

Intrinsic Value Per Share

NT$84.23 - NT$100.21

Total Value Per Share

NT$107.47 - NT$123.45

2. Growth of Magnate Technology Co Ltd (5 min.)




Is Magnate Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$49.2m$51m-$731.8k-1.5%

How much money is Magnate Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$121.3k$890.1k-$1m-833.7%
Net Profit Margin-1.5%8.1%--

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

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




4. Comparing to competitors in the Aerospace & Defense industry (5 min.)




  Industry Rankings (Aerospace & Defense)  


Richest
#138 / 199

Most Revenue
#161 / 199

Most Profit
#128 / 199

Most Efficient
#134 / 199

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

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

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

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

Speculation

The Price per Share of Magnate Technology Co Ltd is NT$31.45. 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 Magnate Technology Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Magnate Technology Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is NT$23.24. Based on the TTM, the Book Value Change Per Share is NT$-0.39 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.32 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 Magnate Technology Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.000.0%0.000.0%0.010.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%-0.010.0%0.010.0%0.060.2%0.060.2%
Usd Dividend Per Share0.000.0%0.000.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.000.0%-0.010.0%0.020.1%0.060.2%0.060.2%
Usd Price Per Share1.06-1.11-0.81-0.84-0.84-
Price to Earnings Ratio-208.48--76.75-19.18--27.51--27.51-
Price-to-Total Gains Ratio-833.92--263.42-39.02--541.29--541.29-
Price to Book Ratio1.46-1.50-1.07-1.13-1.13-
Price-to-Total Gains Ratio-833.92--263.42-39.02--541.29--541.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.984385
Number of shares1015
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share-0.010.06
Usd Total Gains Per Share-0.010.06
Gains per Quarter (1015 shares)-12.3664.42
Gains per Year (1015 shares)-49.43257.68
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-49-5930227248
20-99-10861454506
30-148-15791682764
40-198-2061229091022
50-247-25515211361280
60-297-30418313631538
70-346-35321315901796
80-395-40224418172054
90-445-45127420452312
100-494-50030522722570

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 Share1.03.00.025.0%6.06.00.050.0%6.07.00.046.2%6.07.00.046.2%6.07.00.046.2%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%7.06.00.053.8%7.06.00.053.8%7.06.00.053.8%
Dividend per Share0.00.04.00.0%8.00.04.066.7%9.00.04.069.2%9.00.04.069.2%9.00.04.069.2%
Total Gains per Share1.03.00.025.0%7.05.00.058.3%8.05.00.061.5%8.05.00.061.5%8.05.00.061.5%

Fundamentals of Magnate Technology Co Ltd

About Magnate Technology Co Ltd

Magnate Technology Co., Ltd. manufactures and sells aerospace components and assemblies in Taiwan. It offers aerospace components, including landing gear components and assemblies, aerospace comprehensive components and assemblies, engine casing components, and heat exchanger components and assemblies; and other precision machinery components and assemblies, such as food industry machinery. The company was founded in 1980 and is based in Kaohsiung, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 10:02:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Magnate Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Magnate Technology Co Ltd earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Magnate Technology Co Ltd to the Aerospace & Defense industry mean.
  • A Net Profit Margin of -0.9% means that NT$-0.01 for each NT$1 in revenue is generated as profit.

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

  • The MRQ is -0.9%. The company is not making a profit/loss.
  • The TTM is -1.5%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM-1.5%+0.6%
TTM-1.5%YOY8.1%-9.6%
TTM-1.5%5Y-0.4%-1.1%
5Y-0.4%10Y-0.4%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%5.2%-6.1%
TTM-1.5%4.3%-5.8%
YOY8.1%2.9%+5.2%
5Y-0.4%2.9%-3.3%
10Y-0.4%3.3%-3.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Magnate Technology Co Ltd to the Aerospace & Defense industry mean.
  • -0.1% Return on Assets means that Magnate Technology Co Ltd generated NT$0.00 profit for each $1 in assets.

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

  • The MRQ is -0.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM-0.1%+0.0%
TTM-0.1%YOY0.7%-0.8%
TTM-0.1%5Y0.1%-0.2%
5Y0.1%10Y0.1%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.1%0.9%-1.0%
TTM-0.1%0.8%-0.9%
YOY0.7%0.5%+0.2%
5Y0.1%0.5%-0.4%
10Y0.1%0.7%-0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Magnate Technology Co Ltd to the Aerospace & Defense industry mean.
  • -0.2% Return on Equity means Magnate Technology Co Ltd generated NT$0.00 for each NT$1 the owners (shareholders) invested.

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

  • The MRQ is -0.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM-0.3%+0.1%
TTM-0.3%YOY1.7%-2.0%
TTM-0.3%5Y0.2%-0.4%
5Y0.2%10Y0.2%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.2%2.1%-2.3%
TTM-0.3%1.8%-2.1%
YOY1.7%1.3%+0.4%
5Y0.2%1.2%-1.0%
10Y0.2%1.7%-1.5%

1.2. Operating Efficiency of Magnate Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Magnate Technology Co Ltd is operating .

  • Measures how much profit Magnate Technology Co Ltd 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 Magnate Technology Co Ltd to the Aerospace & Defense 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 Magnate Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-1.4%+1.4%
TTM-1.4%YOY5.2%-6.6%
TTM-1.4%5Y-4.9%+3.5%
5Y-4.9%10Y-4.9%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.6%-7.6%
TTM-1.4%5.1%-6.5%
YOY5.2%3.9%+1.3%
5Y-4.9%4.6%-9.5%
10Y-4.9%3.1%-8.0%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Aerospace & Defense industry mean).
  • An Operation Ratio of 2.06 means that the operating costs are NT$2.06 for each NT$1 in net sales.

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

  • The MRQ is 2.062. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.995. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.062TTM1.995+0.067
TTM1.995YOY1.785+0.210
TTM1.9955Y1.975+0.020
5Y1.97510Y1.9750.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0621.130+0.932
TTM1.9951.132+0.863
YOY1.7851.101+0.684
5Y1.9751.178+0.797
10Y1.9751.114+0.861

1.3. Liquidity of Magnate Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Aerospace & Defense industry mean).
  • A Current Ratio of 1.64 means the company has NT$1.64 in assets for each NT$1 in short-term debts.

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

  • The MRQ is 1.640. The company is able to pay all its short-term debts. +1
  • The TTM is 1.692. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.640TTM1.692-0.051
TTM1.692YOY1.959-0.267
TTM1.6925Y1.855-0.163
5Y1.85510Y1.8550.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6401.428+0.212
TTM1.6921.465+0.227
YOY1.9591.585+0.374
5Y1.8551.605+0.250
10Y1.8551.547+0.308
1.3.2. Quick Ratio

Measures if Magnate Technology Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Magnate Technology Co Ltd to the Aerospace & Defense industry mean.
  • A Quick Ratio of 0.87 means the company can pay off NT$0.87 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Magnate Technology Co Ltd:

  • The MRQ is 0.872. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.916. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.872TTM0.916-0.044
TTM0.916YOY1.011-0.095
TTM0.9165Y0.979-0.063
5Y0.97910Y0.9790.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8720.774+0.098
TTM0.9160.823+0.093
YOY1.0110.901+0.110
5Y0.9790.898+0.081
10Y0.9790.858+0.121

1.4. Solvency of Magnate Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Magnate Technology Co Ltd to Aerospace & Defense industry mean.
  • A Debt to Asset Ratio of 0.60 means that Magnate Technology Co Ltd assets are financed with 60.0% credit (debt) and the remaining percentage (100% - 60.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.600. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.598. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.600TTM0.598+0.002
TTM0.598YOY0.596+0.002
TTM0.5985Y0.601-0.003
5Y0.60110Y0.6010.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6000.608-0.008
TTM0.5980.602-0.004
YOY0.5960.588+0.008
5Y0.6010.615-0.014
10Y0.6010.617-0.016
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Magnate Technology Co Ltd to the Aerospace & Defense industry mean.
  • A Debt to Equity ratio of 150.1% means that company has NT$1.50 debt for each NT$1 in shareholders equity.

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

  • The MRQ is 1.501. The company is just able to pay all its debts with equity.
  • The TTM is 1.486. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.501TTM1.486+0.015
TTM1.486YOY1.475+0.011
TTM1.4865Y1.505-0.019
5Y1.50510Y1.5050.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5011.399+0.102
TTM1.4861.408+0.078
YOY1.4751.298+0.177
5Y1.5051.5050.000
10Y1.5051.646-0.141

2. Market Valuation of Magnate Technology Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Magnate Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare Magnate Technology Co Ltd to the Aerospace & Defense industry mean.
  • A PE ratio of -208.48 means the investor is paying NT$-208.48 for every NT$1 in earnings.

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

  • The EOD is -193.128. Based on the earnings, the company is expensive. -2
  • The MRQ is -208.480. Based on the earnings, the company is expensive. -2
  • The TTM is -76.749. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-193.128MRQ-208.480+15.352
MRQ-208.480TTM-76.749-131.731
TTM-76.749YOY19.177-95.926
TTM-76.7495Y-27.513-49.236
5Y-27.51310Y-27.5130.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD-193.12819.376-212.504
MRQ-208.48017.204-225.684
TTM-76.74915.706-92.455
YOY19.17716.983+2.194
5Y-27.51316.659-44.172
10Y-27.51319.650-47.163
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 4.653. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.022. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 4.339. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.653MRQ5.022-0.370
MRQ5.022TTM4.339+0.683
TTM4.339YOY76.311-71.971
TTM4.3395Y30.243-25.904
5Y30.24310Y30.2430.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD4.6533.590+1.063
MRQ5.0223.330+1.692
TTM4.3390.617+3.722
YOY76.311-0.314+76.625
5Y30.243-0.811+31.054
10Y30.243-0.017+30.260
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Aerospace & Defense industry mean).
  • A PB ratio of 1.46 means the investor is paying NT$1.46 for each NT$1 in book value.

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

  • The EOD is 1.353. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.461. Based on the equity, the company is underpriced. +1
  • The TTM is 1.498. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.353MRQ1.461-0.108
MRQ1.461TTM1.498-0.037
TTM1.498YOY1.072+0.425
TTM1.4985Y1.132+0.366
5Y1.13210Y1.1320.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD1.3532.493-1.140
MRQ1.4612.362-0.901
TTM1.4982.426-0.928
YOY1.0722.161-1.089
5Y1.1322.614-1.482
10Y1.1322.866-1.734
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Magnate Technology Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.041-0.389+856%0.323-113%1.788-102%1.788-102%
Book Value Per Share--23.24123.786-2%24.131-4%23.844-3%23.844-3%
Current Ratio--1.6401.692-3%1.959-16%1.855-12%1.855-12%
Debt To Asset Ratio--0.6000.598+0%0.596+1%0.6010%0.6010%
Debt To Equity Ratio--1.5011.486+1%1.475+2%1.5050%1.5050%
Dividend Per Share----0%0.400-100%0.240-100%0.240-100%
Eps---0.041-0.012-71%0.420-110%0.061-166%0.061-166%
Free Cash Flow Per Share--1.6900.861+96%0.692+144%0.700+142%0.700+142%
Free Cash Flow To Equity Per Share--1.6900.510+232%0.297+468%0.292+478%0.292+478%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--100.206--------
Intrinsic Value_10Y_min--84.227--------
Intrinsic Value_1Y_max--3.951--------
Intrinsic Value_1Y_min--3.877--------
Intrinsic Value_3Y_max--16.513--------
Intrinsic Value_3Y_min--15.671--------
Intrinsic Value_5Y_max--34.671--------
Intrinsic Value_5Y_min--31.781--------
Market Cap2127498150.000-8%2296615650.0002399777325.000-4%1752902887.500+31%1823346830.769+26%1823346830.769+26%
Net Profit Margin---0.009-0.015+71%0.081-111%-0.004-54%-0.004-54%
Operating Margin----0.0140%0.052-100%-0.0490%-0.0490%
Operating Ratio--2.0621.995+3%1.785+16%1.975+4%1.975+4%
Pb Ratio1.353-8%1.4611.498-2%1.072+36%1.132+29%1.132+29%
Pe Ratio-193.128+7%-208.480-76.749-63%19.177-1187%-27.513-87%-27.513-87%
Price Per Share31.450-8%33.95035.475-4%25.913+31%26.954+26%26.954+26%
Price To Free Cash Flow Ratio4.653-8%5.0224.339+16%76.311-93%30.243-83%30.243-83%
Price To Total Gains Ratio-772.512+7%-833.920-263.423-68%39.020-2237%-541.288-35%-541.288-35%
Quick Ratio--0.8720.916-5%1.011-14%0.979-11%0.979-11%
Return On Assets---0.001-0.001+45%0.007-110%0.001-189%0.001-189%
Return On Equity---0.002-0.003+53%0.017-110%0.002-197%0.002-197%
Total Gains Per Share---0.041-0.389+856%0.723-106%2.028-102%2.028-102%
Usd Book Value--49209359.20050362967.650-2%51094824.250-4%50486192.138-3%50486192.138-3%
Usd Book Value Change Per Share---0.001-0.012+856%0.010-113%0.056-102%0.056-102%
Usd Book Value Per Share--0.7270.744-2%0.755-4%0.746-3%0.746-3%
Usd Dividend Per Share----0%0.013-100%0.008-100%0.008-100%
Usd Eps---0.0010.000-71%0.013-110%0.002-166%0.002-166%
Usd Free Cash Flow--3578122.1001823584.950+96%1464354.850+144%1481140.077+142%1481140.077+142%
Usd Free Cash Flow Per Share--0.0530.027+96%0.022+144%0.022+142%0.022+142%
Usd Free Cash Flow To Equity Per Share--0.0530.016+232%0.009+468%0.009+478%0.009+478%
Usd Market Cap66590692.095-8%71884069.84575113030.273-4%54865860.379+31%57070755.803+26%57070755.803+26%
Usd Price Per Share0.984-8%1.0631.110-4%0.811+31%0.844+26%0.844+26%
Usd Profit---86200.200-121334.450+41%890179.825-110%100485.038-186%100485.038-186%
Usd Revenue--9796962.6009622449.450+2%10485539.125-7%8898313.115+10%8898313.115+10%
Usd Total Gains Per Share---0.001-0.012+856%0.023-106%0.063-102%0.063-102%
 EOD+4 -4MRQTTM+17 -15YOY+10 -255Y+13 -2110Y+13 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-193.128
Price to Book Ratio (EOD)Between0-11.353
Net Profit Margin (MRQ)Greater than0-0.009
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.872
Current Ratio (MRQ)Greater than11.640
Debt to Asset Ratio (MRQ)Less than10.600
Debt to Equity Ratio (MRQ)Less than11.501
Return on Equity (MRQ)Greater than0.15-0.002
Return on Assets (MRQ)Greater than0.05-0.001
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.347
Ma 20Greater thanMa 5029.390
Ma 50Greater thanMa 10029.819
Ma 100Greater thanMa 20030.668
OpenGreater thanClose31.050
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets3,932,038
Total Liabilities2,359,854
Total Stockholder Equity1,572,184
 As reported
Total Liabilities 2,359,854
Total Stockholder Equity+ 1,572,184
Total Assets = 3,932,038

Assets

Total Assets3,932,038
Total Current Assets1,701,389
Long-term Assets2,230,649
Total Current Assets
Cash And Cash Equivalents 336,084
Short-term Investments 643,086
Net Receivables 261,164
Inventory 379,465
Other Current Assets 6,452
Total Current Assets  (as reported)1,701,389
Total Current Assets  (calculated)1,626,251
+/- 75,138
Long-term Assets
Property Plant Equipment 2,099,567
Long-term Assets Other 1,144
Long-term Assets  (as reported)2,230,649
Long-term Assets  (calculated)2,100,711
+/- 129,938

Liabilities & Shareholders' Equity

Total Current Liabilities1,037,127
Long-term Liabilities1,322,727
Total Stockholder Equity1,572,184
Total Current Liabilities
Short Long Term Debt 790,585
Accounts payable 121,065
Other Current Liabilities 3,499
Total Current Liabilities  (as reported)1,037,127
Total Current Liabilities  (calculated)915,149
+/- 121,978
Long-term Liabilities
Long term Debt 881,178
Capital Lease Obligations Min Short Term Debt435,112
Long-term Liabilities  (as reported)1,322,727
Long-term Liabilities  (calculated)1,316,290
+/- 6,437
Total Stockholder Equity
Total Stockholder Equity (as reported)1,572,184
Total Stockholder Equity (calculated)0
+/- 1,572,184
Other
Capital Stock676,471
Common Stock Shares Outstanding 67,647
Net Debt 1,335,679
Net Invested Capital 3,243,947
Net Working Capital 664,262
Property Plant and Equipment Gross 2,099,567



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
4,108,371
4,067,997
4,086,022
4,125,167
3,965,992
3,958,265
4,031,969
4,051,681
4,118,282
4,114,492
3,998,544
3,948,903
3,932,038
3,932,0383,948,9033,998,5444,114,4924,118,2824,051,6814,031,9693,958,2653,965,9924,125,1674,086,0224,067,9974,108,371
   > Total Current Assets 
1,475,291
1,485,827
1,559,593
1,658,123
1,531,230
1,580,038
1,608,262
1,689,949
1,760,523
1,800,019
1,691,926
1,685,564
1,701,389
1,701,3891,685,5641,691,9261,800,0191,760,5231,689,9491,608,2621,580,0381,531,2301,658,1231,559,5931,485,8271,475,291
       Cash And Cash Equivalents 
277,671
262,703
320,377
341,634
503,270
443,036
436,350
404,427
316,008
317,189
387,064
343,586
336,084
336,084343,586387,064317,189316,008404,427436,350443,036503,270341,634320,377262,703277,671
       Short-term Investments 
619,656
634,724
649,886
668,531
381,747
457,177
453,170
484,685
608,151
696,251
527,817
582,790
643,086
643,086582,790527,817696,251608,151484,685453,170457,177381,747668,531649,886634,724619,656
       Net Receivables 
187,511
199,540
217,713
280,886
260,264
282,182
332,235
393,197
442,628
384,012
269,346
354,874
261,164
261,164354,874269,346384,012442,628393,197332,235282,182260,264280,886217,713199,540187,511
       Inventory 
377,800
375,470
359,538
333,674
357,077
364,785
365,835
389,202
379,809
387,773
406,328
389,574
379,465
379,465389,574406,328387,773379,809389,202365,835364,785357,077333,674359,538375,470377,800
   > Long-term Assets 
2,633,080
2,582,170
2,526,429
2,467,044
2,434,762
2,378,227
2,423,707
2,361,732
2,357,759
2,314,473
2,306,618
2,263,339
2,230,649
2,230,6492,263,3392,306,6182,314,4732,357,7592,361,7322,423,7072,378,2272,434,7622,467,0442,526,4292,582,1702,633,080
       Property Plant Equipment 
2,565,030
2,508,853
2,440,812
2,373,030
2,334,168
2,273,294
2,309,476
2,244,293
2,262,156
2,228,465
2,189,914
2,137,699
2,099,567
2,099,5672,137,6992,189,9142,228,4652,262,1562,244,2932,309,4762,273,2942,334,1682,373,0302,440,8122,508,8532,565,030
       Other Assets 
60,712
66,775
79,864
89,047
95,585
95,252
74,498
77,111
66,150
52,745
0
60,592
0
060,592052,74566,15077,11174,49895,25295,58589,04779,86466,77560,712
> Total Liabilities 
2,478,313
2,451,673
2,500,859
2,544,013
2,375,837
2,354,766
2,409,942
2,424,959
2,440,840
2,411,104
2,412,892
2,373,965
2,359,854
2,359,8542,373,9652,412,8922,411,1042,440,8402,424,9592,409,9422,354,7662,375,8372,544,0132,500,8592,451,6732,478,313
   > Total Current Liabilities 
672,215
883,493
905,902
922,986
725,590
752,349
815,314
875,649
960,132
988,934
1,034,412
1,008,411
1,037,127
1,037,1271,008,4111,034,412988,934960,132875,649815,314752,349725,590922,986905,902883,493672,215
       Short Long Term Debt 
452,299
456,828
475,064
449,638
260,217
426,409
470,284
478,862
709,098
717,341
731,670
717,672
790,585
790,585717,672731,670717,341709,098478,862470,284426,409260,217449,638475,064456,828452,299
       Accounts payable 
58,850
45,778
52,176
70,069
87,889
116,909
114,623
142,162
117,302
146,289
93,627
117,047
121,065
121,065117,04793,627146,289117,302142,162114,623116,90987,88970,06952,17645,77858,850
       Other Current Liabilities 
24,420
34,697
31,981
29,574
47,600
42,015
65,949
65,126
71,356
69,608
1,007
139,419
3,499
3,499139,4191,00769,60871,35665,12665,94942,01547,60029,57431,98134,69724,420
   > Long-term Liabilities 
1,806,098
1,568,180
1,594,957
1,621,027
1,650,247
1,602,417
1,594,628
1,549,310
1,480,708
1,422,170
1,378,480
1,365,554
1,322,727
1,322,7271,365,5541,378,4801,422,1701,480,7081,549,3101,594,6281,602,4171,650,2471,621,0271,594,9571,568,1801,806,098
       Long term Debt 
1,374,331
1,141,627
1,170,836
1,199,346
1,231,015
1,189,563
1,162,278
1,119,576
1,016,874
974,173
933,522
923,646
881,178
881,178923,646933,522974,1731,016,8741,119,5761,162,2781,189,5631,231,0151,199,3461,170,8361,141,6271,374,331
       Capital Lease Obligations Min Short Term Debt
408,619
406,230
403,832
401,426
399,011
396,588
416,679
414,100
447,120
444,134
441,138
438,130
435,112
435,112438,130441,138444,134447,120414,100416,679396,588399,011401,426403,832406,230408,619
       Other Liabilities 
32,756
29,965
29,965
29,965
29,965
26,045
26,045
26,045
28,722
15,914
0
15,914
0
015,914015,91428,72226,04526,04526,04529,96529,96529,96529,96532,756
> Total Stockholder Equity
1,630,058
1,616,324
1,585,163
1,581,154
1,590,155
1,603,499
1,622,027
1,626,722
1,677,442
1,703,388
1,585,652
1,574,938
1,572,184
1,572,1841,574,9381,585,6521,703,3881,677,4421,626,7221,622,0271,603,4991,590,1551,581,1541,585,1631,616,3241,630,058
   Common Stock
676,471
676,471
676,471
676,471
676,471
676,471
676,471
676,471
676,471
676,471
0
676,471
0
0676,4710676,471676,471676,471676,471676,471676,471676,471676,471676,471676,471
   Retained Earnings 
81,321
67,587
36,426
32,417
54,947
68,291
86,819
117,939
168,659
194,605
9,212
-28,394
-16,951
-16,951-28,3949,212194,605168,659117,93986,81968,29154,94732,41736,42667,58781,321
   Capital Surplus 0000000000000
   Treasury Stock0000000000000
   Other Stockholders Equity 0000000000000



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 (+$)
totalRevenue1,229,706
Cost of Revenue-1,152,991
Gross Profit76,71576,715
 
Operating Income (+$)
Gross Profit76,715
Operating Expense-1,295,163
Operating Income-65,457-1,218,448
 
Operating Expense (+$)
Research Development53,252
Selling General Administrative88,920
Selling And Marketing Expenses-
Operating Expense1,295,163142,172
 
Net Interest Income (+$)
Interest Income21,265
Interest Expense-29,915
Other Finance Cost-0
Net Interest Income-8,650
 
Pretax Income (+$)
Operating Income-65,457
Net Interest Income-8,650
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-21,672-65,457
EBIT - interestExpense = -29,915
-15,506
14,409
Interest Expense29,915
Earnings Before Interest and Taxes (EBIT)-8,243
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-21,672
Tax Provision--6,166
Net Income From Continuing Ops-15,506-15,506
Net Income-15,506
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-8,650
 

Technical Analysis of Magnate Technology Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Magnate Technology Co Ltd. The general trend of Magnate Technology Co Ltd is BEARISH with 28.6% 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 Magnate Technology Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
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 Magnate Technology 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: 33.00 < 33.30 < 33.30.

The bearish price targets are: 30.80 > 27.99 > 27.90.

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Magnate Technology Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Magnate Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is 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 below the MA 200. -1

Directionalities and relatives.

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

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

Magnate Technology Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Magnate Technology Co Ltd. The current macd is 0.06154017.

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 Magnate Technology Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Magnate Technology Co Ltd. 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 Magnate Technology Co Ltd 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
Magnate Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMagnate Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Magnate Technology Co Ltd. The current adx is 21.07.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Magnate Technology Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Magnate Technology Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Magnate Technology Co Ltd. The current sar is 28.28.

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
Magnate Technology Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Magnate Technology Co Ltd. The current rsi is 66.35. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Magnate Technology Co Ltd Daily Relative Strength Index (RSI) ChartMagnate Technology Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Magnate Technology Co Ltd. The current phase is Overbought in bear 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 Magnate Technology Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Magnate Technology Co Ltd Daily Stochastic Oscillator ChartMagnate Technology Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Magnate Technology Co Ltd. The current cci is 161.17.

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
Magnate Technology Co Ltd Daily Commodity Channel Index (CCI) ChartMagnate Technology Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Magnate Technology Co Ltd. The current cmo is 47.06.

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
Magnate Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartMagnate Technology Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Magnate Technology Co Ltd. The current willr is -2.73972603.

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
Magnate Technology Co Ltd Daily Williams %R ChartMagnate Technology Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Magnate Technology Co Ltd.

Magnate Technology Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Magnate Technology Co Ltd. The current atr is 0.72607962.

Magnate Technology Co Ltd Daily Average True Range (ATR) ChartMagnate Technology Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Magnate Technology Co Ltd. The current obv is 74,959,025.

Magnate Technology Co Ltd Daily On-Balance Volume (OBV) ChartMagnate Technology Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Magnate Technology Co Ltd. The current mfi is 75.96.

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
Magnate Technology Co Ltd Daily Money Flow Index (MFI) ChartMagnate Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Magnate Technology Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05CCI 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.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10DMI 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.
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25DMI 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
2024-01-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30DMI 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
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH 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
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH 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).
2024-03-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.

6.3. Candlestick Patterns

Magnate Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.347
Ma 20Greater thanMa 5029.390
Ma 50Greater thanMa 10029.819
Ma 100Greater thanMa 20030.668
OpenGreater thanClose31.050
Total1/5 (20.0%)
Penke

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