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Edaran Bhd
Buy, Hold or Sell?

Let's analyse Edaran together

PenkeI guess you are interested in Edaran Bhd. 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 Edaran Bhd. 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 Edaran (30 sec.)










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

How much money do you get?

How much money do you get?
RM0.01
When do you have the money?
1 year
How often do you get paid?
18.2%

What is your share worth?

Current worth
RM0.51
Expected worth in 1 year
RM0.52
How sure are you?
68.2%

+ What do you gain per year?

Total Gains per Share
RM0.04
Return On Investment
3.4%

For what price can you sell your share?

Current Price per Share
RM1.18
Expected price per share
RM1.0371523316062 - RM1.4676086956522
How sure are you?
50%

1. Valuation of Edaran (5 min.)




Live pricePrice per Share (EOD)

RM1.18

Intrinsic Value Per Share

RM9.38 - RM11.26

Total Value Per Share

RM9.90 - RM11.77

2. Growth of Edaran (5 min.)




Is Edaran growing?

Current yearPrevious yearGrowGrow %
How rich?$6.3m$6.1m$143.7k2.3%

How much money is Edaran making?

Current yearPrevious yearGrowGrow %
Making money$122.2k$30.1k$92.1k75.4%
Net Profit Margin2.9%0.1%--

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

3. Financial Health of Edaran (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  

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

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

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

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

Speculation

The Price per Share of Edaran is RM1.18. 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 Edaran.
  • 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 Edaran, 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 RM0.51. Based on the TTM, the Book Value Change Per Share is RM0.00 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.00 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 RM0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Edaran.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.000.1%0.000.2%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.1%0.000.0%0.000.0%0.000.0%0.000.4%
Usd Dividend Per Share0.000.0%0.000.2%0.000.2%0.000.1%0.000.1%
Usd Total Gains Per Share0.000.1%0.000.2%0.000.1%0.000.1%0.010.5%
Usd Price Per Share0.18-0.13-0.12-0.11-0.10-
Price to Earnings Ratio38.28-21.04-50.87-23.75-18.81-
Price-to-Total Gains Ratio153.59-43.43-221.94-87.35-69.72-
Price to Book Ratio1.69-1.17-1.16-1.15-1.05-
Price-to-Total Gains Ratio153.59-43.43-221.94-87.35-69.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.249452
Number of shares4008
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (4008 shares)8.504.76
Gains per Year (4008 shares)34.0119.04
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1304241369
259958261228
3891392401847
411917126532366
514822160662985
6178261947935104
7208312289241123
82373526210547142
92673929611953161
102964433013259180

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%10.02.00.083.3%13.05.00.072.2%13.08.01.059.1%13.08.01.059.1%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%11.07.00.061.1%13.09.00.059.1%13.09.00.059.1%
Dividend per Share2.00.02.050.0%4.00.08.033.3%4.00.014.022.2%4.00.018.018.2%4.00.018.018.2%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%13.05.00.072.2%15.07.00.068.2%15.07.00.068.2%

Fundamentals of Edaran

About Edaran Bhd

Edaran Berhad, an investment holding company, engages in the installation, commissioning, integration, and maintenance of information technology products and related services in Malaysia. It operates through Information Technology and Services, Telecommunications, Investment Holding, and Lifestyle segments. The company is also involved in the installation, commissioning, and maintenance of power supply equipment for telecommunication systems; and integration and maintenance of telecommunication equipment and related services; and involves in lifestyle activities, special interest projects, and distribution of frozen halal meats. It also provides project management, software development, system integration, custom information systems, healthcare-continuous career development programs, wildlife and natural parks management systems, and investigative reporting systems, as well as financial planning, budgeting, and consolidation systems. In addition, the company offers data center transformation, application modernization, security, outsourcing, and open source services; and maintenance support, customer care and repair center, consultancy, migration, warranty, and specialized application services. Further, the company involved in the provision of smart technology systems, such as CCTV surveillance, access control, smartcard related applications, fingerprint biometrics, and authentication and vehicle and asset tracking systems; event management activities; and provision of trading and consultancy, and network facilities and services. Edaran Berhad was incorporated in 1992 and is based in Kuala Lumpur, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 02:44:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just 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 fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Edaran Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Edaran earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Edaran to the Information Technology Services industry mean.
  • A Net Profit Margin of 1.2% means that RM0.01 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Edaran Bhd:

  • The MRQ is 1.2%. The company is making a profit. +1
  • The TTM is 2.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM2.9%-1.6%
TTM2.9%YOY0.1%+2.8%
TTM2.9%5Y0.1%+2.8%
5Y0.1%10Y-1.4%+1.5%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%3.8%-2.6%
TTM2.9%3.6%-0.7%
YOY0.1%3.4%-3.3%
5Y0.1%3.4%-3.3%
10Y-1.4%3.3%-4.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Edaran to the Information Technology Services industry mean.
  • 0.4% Return on Assets means that Edaran generated RM0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Edaran Bhd:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.9%-0.4%
TTM0.9%YOY0.1%+0.7%
TTM0.9%5Y0.0%+0.8%
5Y0.0%10Y-0.2%+0.3%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%1.3%-0.9%
TTM0.9%1.3%-0.4%
YOY0.1%1.3%-1.2%
5Y0.0%1.3%-1.3%
10Y-0.2%1.3%-1.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Edaran to the Information Technology Services industry mean.
  • 1.1% Return on Equity means Edaran generated RM0.01 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Edaran Bhd:

  • The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM1.9%-0.9%
TTM1.9%YOY0.4%+1.5%
TTM1.9%5Y0.1%+1.9%
5Y0.1%10Y0.1%+0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%2.8%-1.7%
TTM1.9%2.7%-0.8%
YOY0.4%3.3%-2.9%
5Y0.1%3.2%-3.1%
10Y0.1%3.0%-2.9%

1.2. Operating Efficiency of Edaran Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Edaran is operating .

  • Measures how much profit Edaran makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Edaran to the Information Technology Services industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Edaran Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM4.2%-4.2%
TTM4.2%YOY1.0%+3.2%
TTM4.2%5Y1.0%+3.2%
5Y1.0%10Y-0.7%+1.7%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.0%-7.0%
TTM4.2%4.0%+0.2%
YOY1.0%5.7%-4.7%
5Y1.0%5.1%-4.1%
10Y-0.7%4.7%-5.4%
1.2.2. Operating Ratio

Measures how efficient Edaran is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • An Operation Ratio of 1.61 means that the operating costs are RM1.61 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Edaran Bhd:

  • The MRQ is 1.606. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.580. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.606TTM1.580+0.026
TTM1.580YOY1.512+0.068
TTM1.5805Y1.492+0.088
5Y1.49210Y1.545-0.052
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6061.133+0.473
TTM1.5801.178+0.402
YOY1.5121.078+0.434
5Y1.4921.121+0.371
10Y1.5451.087+0.458

1.3. Liquidity of Edaran Bhd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
  • A Current Ratio of 1.24 means the company has RM1.24 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Edaran Bhd:

  • The MRQ is 1.241. The company is just able to pay all its short-term debts.
  • The TTM is 1.269. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.241TTM1.269-0.027
TTM1.269YOY1.348-0.080
TTM1.2695Y1.314-0.045
5Y1.31410Y1.380-0.066
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2411.481-0.240
TTM1.2691.467-0.198
YOY1.3481.584-0.236
5Y1.3141.628-0.314
10Y1.3801.577-0.197
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Edaran to the Information Technology Services industry mean.
  • A Quick Ratio of 0.54 means the company can pay off RM0.54 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Edaran Bhd:

  • The MRQ is 0.536. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.056. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ0.536TTM1.056-0.520
TTM1.056YOY1.761-0.706
TTM1.0565Y1.317-0.261
5Y1.31710Y1.201+0.115
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5361.004-0.468
TTM1.0561.017+0.039
YOY1.7611.161+0.600
5Y1.3171.194+0.123
10Y1.2011.162+0.039

1.4. Solvency of Edaran Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Edaran to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.61 means that Edaran assets are financed with 60.7% credit (debt) and the remaining percentage (100% - 60.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Edaran Bhd:

  • The MRQ is 0.607. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.571. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.607TTM0.571+0.036
TTM0.571YOY0.492+0.078
TTM0.5715Y0.518+0.053
5Y0.51810Y0.501+0.017
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6070.499+0.108
TTM0.5710.499+0.072
YOY0.4920.497-0.005
5Y0.5180.506+0.012
10Y0.5010.495+0.006
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Edaran to the Information Technology Services industry mean.
  • A Debt to Equity ratio of 149.3% means that company has RM1.49 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Edaran Bhd:

  • The MRQ is 1.493. The company is able to pay all its debts with equity. +1
  • The TTM is 1.318. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.493TTM1.318+0.175
TTM1.318YOY0.979+0.339
TTM1.3185Y1.086+0.232
5Y1.08610Y0.889+0.197
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4930.933+0.560
TTM1.3180.981+0.337
YOY0.9790.979+0.000
5Y1.0861.046+0.040
10Y0.8891.057-0.168

2. Market Valuation of Edaran Bhd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Edaran generates.

  • Above 15 is considered overpriced but always compare Edaran to the Information Technology Services industry mean.
  • A PE ratio of 38.28 means the investor is paying RM38.28 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Edaran Bhd:

  • The EOD is 51.921. Based on the earnings, the company is expensive. -2
  • The MRQ is 38.281. Based on the earnings, the company is overpriced. -1
  • The TTM is 21.042. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD51.921MRQ38.281+13.640
MRQ38.281TTM21.042+17.239
TTM21.042YOY50.875-29.833
TTM21.0425Y23.750-2.708
5Y23.75010Y18.814+4.937
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD51.92115.301+36.620
MRQ38.28112.943+25.338
TTM21.04214.770+6.272
YOY50.87517.366+33.509
5Y23.75018.091+5.659
10Y18.81420.242-1.428
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 1.011. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.746. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -0.393. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD1.011MRQ0.746+0.266
MRQ0.746TTM-0.393+1.139
TTM-0.393YOY0.829-1.222
TTM-0.3935Y0.299-0.692
5Y0.29910Y0.244+0.054
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.0116.438-5.427
MRQ0.7466.379-5.633
TTM-0.3934.370-4.763
YOY0.8296.332-5.503
5Y0.2995.929-5.630
10Y0.2445.680-5.436
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • A PB ratio of 1.69 means the investor is paying RM1.69 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Edaran Bhd:

  • The EOD is 2.293. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.690. Based on the equity, the company is underpriced. +1
  • The TTM is 1.169. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.293MRQ1.690+0.602
MRQ1.690TTM1.169+0.521
TTM1.169YOY1.159+0.010
TTM1.1695Y1.148+0.021
5Y1.14810Y1.051+0.098
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD2.2932.444-0.151
MRQ1.6902.210-0.520
TTM1.1692.322-1.153
YOY1.1592.716-1.557
5Y1.1482.853-1.705
10Y1.0513.302-2.251
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Edaran Bhd 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--0.0060.001+340%-0.002+134%0.002+228%0.023-76%
Book Value Per Share--0.5150.512+0%0.500+3%0.463+11%0.464+11%
Current Ratio--1.2411.269-2%1.348-8%1.314-6%1.380-10%
Debt To Asset Ratio--0.6070.571+6%0.492+23%0.518+17%0.501+21%
Debt To Equity Ratio--1.4931.318+13%0.979+53%1.086+37%0.889+68%
Dividend Per Share---0.009-100%0.009-100%0.004-100%0.003-100%
Eps--0.0060.010-43%0.002+131%0.002+266%-0.001+114%
Free Cash Flow Per Share--0.2920.011+2540%0.087+234%0.021+1320%0.021+1320%
Free Cash Flow To Equity Per Share--0.2920.003+8396%0.098+198%0.019+1444%0.019+1444%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.955+5%
Intrinsic Value_10Y_max--11.255--------
Intrinsic Value_10Y_min--9.385--------
Intrinsic Value_1Y_max--0.266--------
Intrinsic Value_1Y_min--0.261--------
Intrinsic Value_3Y_max--1.456--------
Intrinsic Value_3Y_min--1.376--------
Intrinsic Value_5Y_max--3.437--------
Intrinsic Value_5Y_min--3.134--------
Market Cap68328136.000+26%50377524.00034670738.500+45%33585016.000+50%31027536.333+62%28701593.727+76%
Net Profit Margin--0.0120.029-56%0.001+2157%0.001+1304%-0.014+214%
Operating Margin---0.042-100%0.010-100%0.010-100%-0.0070%
Operating Ratio--1.6061.580+2%1.512+6%1.492+8%1.545+4%
Pb Ratio2.293+26%1.6901.169+45%1.159+46%1.148+47%1.051+61%
Pe Ratio51.921+26%38.28121.042+82%50.875-25%23.750+61%18.814+103%
Price Per Share1.180+26%0.8700.599+45%0.580+50%0.536+62%0.490+77%
Price To Free Cash Flow Ratio1.011+26%0.746-0.393+153%0.829-10%0.299+150%0.244+205%
Price To Total Gains Ratio208.317+26%153.59043.425+254%221.936-31%87.353+76%69.720+120%
Quick Ratio--0.5361.056-49%1.761-70%1.317-59%1.201-55%
Return On Assets--0.0040.009-50%0.001+200%0.000+947%-0.002+154%
Return On Equity--0.0110.019-45%0.004+138%0.001+1357%0.001+1681%
Total Gains Per Share--0.0060.010-44%0.007-17%0.006+1%0.027-79%
Usd Book Value--6300142.8006269348.691+0%6125649.012+3%5664888.736+11%5778390.784+9%
Usd Book Value Change Per Share--0.0010.000+340%0.000+134%0.000+228%0.005-76%
Usd Book Value Per Share--0.1090.108+0%0.106+3%0.098+11%0.098+11%
Usd Dividend Per Share---0.002-100%0.002-100%0.001-100%0.001-100%
Usd Eps--0.0010.002-43%0.001+131%0.000+266%0.000+114%
Usd Free Cash Flow--3570757.400135258.001+2540%1069022.371+234%223521.970+1497%182881.612+1852%
Usd Free Cash Flow Per Share--0.0620.002+2540%0.018+234%0.004+1320%0.004+1320%
Usd Free Cash Flow To Equity Per Share--0.0620.001+8396%0.021+198%0.004+1444%0.004+1444%
Usd Market Cap14444567.950+26%10649808.5747329394.119+45%7099872.382+50%6559221.181+62%6067516.914+76%
Usd Price Per Share0.249+26%0.1840.127+45%0.123+50%0.113+62%0.104+77%
Usd Profit--69550.600122248.921-43%30132.956+131%19013.199+266%-13271.019+119%
Usd Revenue--5597449.2004502159.375+24%2829465.331+98%3133010.598+79%2928517.762+91%
Usd Total Gains Per Share--0.0010.002-44%0.001-17%0.001+1%0.006-79%
 EOD+4 -4MRQTTM+15 -20YOY+22 -135Y+23 -1210Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Edaran Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1551.921
Price to Book Ratio (EOD)Between0-12.293
Net Profit Margin (MRQ)Greater than00.012
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.536
Current Ratio (MRQ)Greater than11.241
Debt to Asset Ratio (MRQ)Less than10.607
Debt to Equity Ratio (MRQ)Less than11.493
Return on Equity (MRQ)Greater than0.150.011
Return on Assets (MRQ)Greater than0.050.004
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Edaran Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.992
Ma 20Greater thanMa 501.224
Ma 50Greater thanMa 1001.237
Ma 100Greater thanMa 2001.053
OpenGreater thanClose1.220
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets75,797
Total Liabilities45,995
Total Stockholder Equity30,803
 As reported
Total Liabilities 45,995
Total Stockholder Equity+ 30,803
Total Assets = 75,797

Assets

Total Assets75,797
Total Current Assets43,435
Long-term Assets32,362
Total Current Assets
Cash And Cash Equivalents 14,448
Short-term Investments 12,057
Net Receivables 6,699
Total Current Assets  (as reported)43,435
Total Current Assets  (calculated)33,204
+/- 10,231
Long-term Assets
Property Plant Equipment 31,848
Long-term Assets  (as reported)32,362
Long-term Assets  (calculated)31,848
+/- 514

Liabilities & Shareholders' Equity

Total Current Liabilities34,993
Long-term Liabilities11,002
Total Stockholder Equity30,803
Total Current Liabilities
Short Long Term Debt 251
Accounts payable 10,862
Total Current Liabilities  (as reported)34,993
Total Current Liabilities  (calculated)11,113
+/- 23,880
Long-term Liabilities
Long term Debt 4,901
Capital Lease Obligations Min Short Term Debt3,361
Long-term Liabilities  (as reported)11,002
Long-term Liabilities  (calculated)8,262
+/- 2,740
Total Stockholder Equity
Total Stockholder Equity (as reported)30,803
Total Stockholder Equity (calculated)0
+/- 30,803
Other
Capital Stock68,022
Common Stock Shares Outstanding 57,905
Net Invested Capital 35,955
Net Working Capital 8,442
Property Plant and Equipment Gross 31,848



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302016-03-312015-12-312015-09-302015-06-30
> Total Assets 
55,000
54,000
49,000
49,000
51,210
50,604
47,317
52,647
50,353
47,619
52,043
49,349
45,418
56,802
54,567
57,506
52,512
65,000
63,308
65,780
73,006
75,797
75,79773,00665,78063,30865,00052,51257,50654,56756,80245,41849,34952,04347,61950,35352,64747,31750,60451,21049,00049,00054,00055,000
   > Total Current Assets 
31,000
31,000
25,000
25,000
26,683
26,429
20,326
25,639
24,120
19,630
24,332
22,027
18,919
24,339
22,246
25,023
18,347
31,220
30,003
32,994
40,666
43,435
43,43540,66632,99430,00331,22018,34725,02322,24624,33918,91922,02724,33219,63024,12025,63920,32626,42926,68325,00025,00031,00031,000
       Cash And Cash Equivalents 
6,000
1,000
2,000
1,000
6,006
15,365
1,985
4,080
1,941
3,736
3,051
4,696
5,417
2,122
3,737
2,030
3,784
3,113
2,206
10,263
15,785
14,448
14,44815,78510,2632,2063,1133,7842,0303,7372,1225,4174,6963,0513,7361,9414,0801,98515,3656,0061,0002,0001,0006,000
       Short-term Investments 
2,000
0
0
0
0
0
0
0
7,268
8,290
4,303
5,536
7,553
6,064
7,027
1,032
8,536
25,307
8,331
4,007
4,043
12,057
12,0574,0434,0078,33125,3078,5361,0327,0276,0647,5535,5364,3038,2907,26800000002,000
       Net Receivables 
9,000
16,000
9,000
10,000
8,943
2,558
13,402
18,650
7,051
4,451
7,567
11,022
5,137
14,272
3,692
21,352
6,027
1,973
19,318
18,727
15,196
6,699
6,69915,19618,72719,3181,9736,02721,3523,69214,2725,13711,0227,5674,4517,05118,65013,4022,5588,94310,0009,00016,0009,000
       Inventory 
11,000
11,000
11,000
12,000
0
0
0
0
0
0
0
0
0
0
0
0
0
827
148
0
0
0
000148827000000000000012,00011,00011,00011,000
       Other Current Assets 
3,000
3,000
3,000
3,000
0
0
0
0
0
0
0
0
0
0
0
0
227
0
0
700
0
0
00700002270000000000003,0003,0003,0003,000
   > Long-term Assets 
0
0
0
0
24,527
24,175
26,991
27,008
26,233
27,989
27,711
27,322
26,499
32,463
32,321
32,483
34,165
33,780
33,305
32,811
32,340
32,362
32,36232,34032,81133,30533,78034,16532,48332,32132,46326,49927,32227,71127,98926,23327,00826,99124,17524,5270000
       Property Plant Equipment 
0
0
0
0
0
24,175
26,991
26,899
26,137
27,915
27,602
26,678
25,757
31,758
31,678
31,843
33,533
33,066
32,560
32,065
31,714
31,848
31,84831,71432,06532,56033,06633,53331,84331,67831,75825,75726,67827,60227,91526,13726,89926,99124,17500000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
616
714
677
0
630
622
704
735
723
0
0
00723735704622630067771461600000000000
> Total Liabilities 
24,000
24,000
19,000
21,000
26,540
24,492
26,375
29,728
26,412
22,553
26,834
24,914
20,844
26,855
25,577
28,314
24,291
35,496
34,163
35,576
43,532
45,995
45,99543,53235,57634,16335,49624,29128,31425,57726,85520,84424,91426,83422,55326,41229,72826,37524,49226,54021,00019,00024,00024,000
   > Total Current Liabilities 
19,000
19,000
14,000
15,000
18,146
17,491
19,325
22,860
19,766
13,982
18,100
17,081
13,371
18,042
16,534
18,878
12,754
24,325
23,263
25,432
32,628
34,993
34,99332,62825,43223,26324,32512,75418,87816,53418,04213,37117,08118,10013,98219,76622,86019,32517,49118,14615,00014,00019,00019,000
       Short-term Debt 
9,000
9,000
7,000
9,000
0
2,010
0
529
0
490
360
106
0
360
1,000
3,149
1,000
2,758
3,416
1,708
0
0
001,7083,4162,7581,0003,1491,0003600106360490052902,01009,0007,0009,0009,000
       Short Long Term Debt 
9,000
9,000
7,000
9,000
2,753
2,207
144
849
3,681
783
626
479
362
728
1,372
3,418
1,242
2,937
3,534
1,943
10,133
251
25110,1331,9433,5342,9371,2423,4181,3727283624796267833,6818491442,2072,7539,0007,0009,0009,000
       Accounts payable 
8,000
7,000
4,000
4,000
7,379
7,899
10,711
11,605
9,254
4,791
9,247
6,870
5,159
5,099
5,486
5,397
5,052
7,886
6,658
8,308
12,331
10,862
10,86212,3318,3086,6587,8865,0525,3975,4865,0995,1596,8709,2474,7919,25411,60510,7117,8997,3794,0004,0007,0008,000
       Other Current Liabilities 
4,000
6,000
7,000
5,000
0
0
0
0
0
0
1
0
0
0
0
0
4,480
12,499
12,061
14,013
0
0
0014,01312,06112,4994,4800000010000005,0007,0006,0004,000
   > Long-term Liabilities 
0
0
0
0
8,394
7,945
8,000
7,844
7,630
9,565
9,730
8,830
8,469
9,811
10,041
10,435
12,536
12,170
11,900
11,151
10,904
11,002
11,00210,90411,15111,90012,17012,53610,43510,0419,8118,4698,8309,7309,5657,6307,8448,0007,9458,3940000
       Long term Debt Total 
0
0
0
0
0
0
0
0
5,035
6,970
7,135
6,274
5,914
5,598
5,828
6,281
8,382
8,016
7,746
7,064
0
0
007,0647,7468,0168,3826,2815,8285,5985,9146,2747,1356,9705,03500000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,154
4,154
4,154
4,088
0
0
004,0884,1544,1544,1540000000000000000
> Total Stockholder Equity
0
0
0
0
25,683
26,112
20,942
22,919
23,941
25,066
25,209
24,434
24,574
29,947
28,990
29,191
28,221
29,504
29,145
30,204
30,475
30,803
30,80330,47530,20429,14529,50428,22129,19128,99029,94724,57424,43425,20925,06623,94122,91920,94226,11225,6830000
   Common Stock
68,000
68,000
68,000
68,000
0
68,022
68,022
68,023
68,022
68,022
68,022
68,023
68,022
68,022
68,022
68,023
68,022
68,022
68,022
68,022
0
0
0068,02268,02268,02268,02268,02368,02268,02268,02268,02368,02268,02268,02268,02368,02268,022068,00068,00068,00068,000
   Retained Earnings -48,922-49,250-49,521-50,809-50,450-51,733-50,763-51,173-50,216-50,339-50,479-49,850-49,992-51,121-44,054-54,267-49,097-49,526-42,000-41,000-40,000-39,000
   Capital Surplus 0000000000000000000000
   Treasury Stock00000000-1,049-1,049-1,050-1,049-1,049-1,049-1,050-1,049-1,04900000
   Other Stockholders Equity 
0
0
0
0
0
-5
-5
0
-4
-8
-7
-6
-6
-6
-6
-6
12,981
12,981
12,981
12,752
0
0
0012,75212,98112,98112,981-6-6-6-6-6-7-8-40-5-500000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue69,432
Cost of Revenue-41,812
Gross Profit27,62027,620
 
Operating Income (+$)
Gross Profit27,620
Operating Expense-64,966
Operating Income4,465-37,347
 
Operating Expense (+$)
Research Development-
Selling General Administrative17,388
Selling And Marketing Expenses-
Operating Expense64,96617,388
 
Net Interest Income (+$)
Interest Income1,223
Interest Expense-1,223
Other Finance Cost-1,223
Net Interest Income-1,223
 
Pretax Income (+$)
Operating Income4,465
Net Interest Income-1,223
Other Non-Operating Income Expenses-
Income Before Tax (EBT)3,2424,465
EBIT - interestExpense = 3,242
3,244
3,248
Interest Expense1,223
Earnings Before Interest and Taxes (EBIT)4,4654,465
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax3,242
Tax Provision-1,219
Net Income From Continuing Ops2,0222,022
Net Income2,025
Net Income Applicable To Common Shares2,025
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses5,767
Total Other Income/Expenses Net-1,223
 

Technical Analysis of Edaran
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 Edaran. The general trend of Edaran is BULLISH 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 Edaran'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 Edaran Bhd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.37 < 1.45 < 1.4676086956522.

The bearish price targets are: 1.07 > 1.07 > 1.0371523316062.

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Edaran Bhd 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 Edaran Bhd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Edaran Bhd 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 Edaran Bhd. The current macd is 0.00194868.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Edaran price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Edaran. 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 Edaran price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Edaran Bhd Daily Moving Average Convergence/Divergence (MACD) ChartEdaran Bhd 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 Edaran Bhd. The current adx is 19.04.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Edaran shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Edaran Bhd 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 Edaran Bhd. The current sar is 1.13475193.

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
Edaran Bhd 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 Edaran Bhd. The current rsi is 44.99. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Edaran Bhd Daily Relative Strength Index (RSI) ChartEdaran Bhd 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 Edaran Bhd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Edaran price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Edaran Bhd Daily Stochastic Oscillator ChartEdaran Bhd 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 Edaran Bhd. The current cci is -40.37167574.

Edaran Bhd Daily Commodity Channel Index (CCI) ChartEdaran Bhd 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 Edaran Bhd. The current cmo is -18.42900028.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Edaran Bhd Daily Chande Momentum Oscillator (CMO) ChartEdaran Bhd 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 Edaran Bhd. The current willr is -79.16666667.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Edaran is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Edaran Bhd Daily Williams %R ChartEdaran Bhd 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 Edaran Bhd.

Edaran Bhd 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 Edaran Bhd. The current atr is 0.0713172.

Edaran Bhd Daily Average True Range (ATR) ChartEdaran Bhd 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 Edaran Bhd. The current obv is 172,634,103.

Edaran Bhd Daily On-Balance Volume (OBV) ChartEdaran Bhd 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 Edaran Bhd. The current mfi is 67.66.

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
Edaran Bhd Daily Money Flow Index (MFI) ChartEdaran Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Edaran Bhd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07CCI 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-03ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26SAR 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04DMI 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Edaran Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Edaran Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.992
Ma 20Greater thanMa 501.224
Ma 50Greater thanMa 1001.237
Ma 100Greater thanMa 2001.053
OpenGreater thanClose1.220
Total3/5 (60.0%)
Penke

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