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Argus Shanghai Textile Chemicals Co Ltd
Buy, Hold or Sell?

Let's analyse Argus together

PenkeI guess you are interested in Argus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals 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 Argus (30 sec.)










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

How much money do you get?

How much money do you get?
¥0.04
When do you have the money?
1 year
How often do you get paid?
95.7%

What is your share worth?

Current worth
¥6.81
Expected worth in 1 year
¥6.87
How sure are you?
87.0%

+ What do you gain per year?

Total Gains per Share
¥0.34
Return On Investment
3.3%

For what price can you sell your share?

Current Price per Share
¥10.12
Expected price per share
¥7.04 - ¥10.74
How sure are you?
50%

1. Valuation of Argus (5 min.)




Live pricePrice per Share (EOD)

¥10.12

Intrinsic Value Per Share

¥-0.09 - ¥-0.05

Total Value Per Share

¥6.72 - ¥6.76

2. Growth of Argus (5 min.)




Is Argus growing?

Current yearPrevious yearGrowGrow %
How rich?$180.3m$175.5m$1.5m0.9%

How much money is Argus making?

Current yearPrevious yearGrowGrow %
Making money$1.3m$2.2m-$985.6k-75.7%
Net Profit Margin3.9%7.5%--

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

3. Financial Health of Argus (5 min.)




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




  Industry Rankings (Specialty Chemicals)  


Richest
#293 / 565

Most Revenue
#423 / 565

Most Profit
#343 / 565

Most Efficient
#285 / 565

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

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

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

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

Speculation

The Price per Share of Argus is ¥10.12. 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 Argus.
  • 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 Argus, 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 ¥6.81. Based on the TTM, the Book Value Change Per Share is ¥0.02 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.07 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 ¥0.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Argus.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.010.1%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Book Value Change Per Share0.020.2%0.000.0%0.010.1%0.010.1%0.040.4%
Usd Dividend Per Share0.000.0%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Total Gains Per Share0.020.2%0.010.1%0.020.2%0.020.1%0.050.5%
Usd Price Per Share1.89-1.73-1.41-1.86-1.83-
Price to Earnings Ratio31.45-19.72-39.08-40.04-37.14-
Price-to-Total Gains Ratio107.40-45.26-120.30-101.50-97.21-
Price to Book Ratio2.00-1.86-1.53-2.13-2.12-
Price-to-Total Gains Ratio107.40-45.26-120.30-101.50-97.21-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.400608
Number of shares713
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.010.02
Gains per Quarter (713 shares)8.3210.82
Gains per Year (713 shares)33.2943.29
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
127623202433
2551256394776
38218895971119
4109241227994162
51373015599118205
616436188118141248
719142221138165291
821948254158188334
924654287178212377
1027360320197235420

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 Share3.01.00.075.0%11.01.00.091.7%19.01.00.095.0%22.01.00.095.7%22.01.00.095.7%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.04.01.075.0%17.04.02.073.9%17.04.02.073.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.01.095.0%22.00.01.095.7%22.00.01.095.7%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%17.02.01.085.0%20.02.01.087.0%20.02.01.087.0%

Fundamentals of Argus

About Argus Shanghai Textile Chemicals Co Ltd

Argus (Shanghai) Textile Chemicals Co.,Ltd. engages in the research and development, manufacture, and marketing of textile chemicals in China. The company offers dyes for cellulose, polyamide, wool, polyester, and silk; and pretreatment, dyeing, finishing, and printing auxiliaries, as well as enzyme, wool textile chemicals, and optical brightening agents. In addition, the company provides technical support and color services. The company also exports its products to Malaysia, the Philippines, Vietnam, Bangladesh, Pakistan, Turkey, etc. Argus (Shanghai) Textile Chemicals Co.,Ltd. was founded in 1999 and is headquartered in Shanghai, China.

Fundamental data was last updated by Penke on 2024-03-28 00:02:06.

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

Valuation

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

1.1. Profitability of Argus Shanghai Textile Chemicals Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Argus earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Argus to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 10.2% means that ¥0.10 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 10.2%. The company is making a huge profit. +2
  • The TTM is 3.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ10.2%TTM3.9%+6.3%
TTM3.9%YOY7.5%-3.6%
TTM3.9%5Y7.4%-3.4%
5Y7.4%10Y8.3%-0.9%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ10.2%4.2%+6.0%
TTM3.9%4.2%-0.3%
YOY7.5%6.5%+1.0%
5Y7.4%6.0%+1.4%
10Y8.3%6.0%+2.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Argus to the Specialty Chemicals industry mean.
  • 1.2% Return on Assets means that Argus generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 1.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM0.6%+0.7%
TTM0.6%YOY1.0%-0.4%
TTM0.6%5Y1.1%-0.6%
5Y1.1%10Y1.5%-0.3%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%1.1%+0.1%
TTM0.6%1.1%-0.5%
YOY1.0%1.7%-0.7%
5Y1.1%1.6%-0.5%
10Y1.5%1.7%-0.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Argus to the Specialty Chemicals industry mean.
  • 1.7% Return on Equity means Argus generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 1.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.7%TTM0.8%+0.9%
TTM0.8%YOY1.4%-0.6%
TTM0.8%5Y1.5%-0.7%
5Y1.5%10Y1.9%-0.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%2.2%-0.5%
TTM0.8%2.0%-1.2%
YOY1.4%3.2%-1.8%
5Y1.5%2.8%-1.3%
10Y1.9%2.8%-0.9%

1.2. Operating Efficiency of Argus Shanghai Textile Chemicals Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Argus is operating .

  • Measures how much profit Argus makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Argus to the Specialty Chemicals industry mean.
  • An Operating Margin of 10.8% means the company generated ¥0.11  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 10.8%. The company is operating less efficient.
  • The TTM is -0.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ10.8%TTM-0.2%+11.0%
TTM-0.2%YOY10.7%-10.9%
TTM-0.2%5Y8.2%-8.4%
5Y8.2%10Y7.1%+1.1%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8%7.5%+3.3%
TTM-0.2%4.9%-5.1%
YOY10.7%8.3%+2.4%
5Y8.2%8.1%+0.1%
10Y7.1%7.3%-0.2%
1.2.2. Operating Ratio

Measures how efficient Argus is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 1.60 means that the operating costs are ¥1.60 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 1.599. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.643. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.599TTM1.643-0.045
TTM1.643YOY1.622+0.021
TTM1.6435Y1.519+0.125
5Y1.51910Y1.409+0.110
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5991.529+0.070
TTM1.6431.530+0.113
YOY1.6221.459+0.163
5Y1.5191.459+0.060
10Y1.4091.228+0.181

1.3. Liquidity of Argus Shanghai Textile Chemicals Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 2.64 means the company has ¥2.64 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 2.640. The company is able to pay all its short-term debts. +1
  • The TTM is 2.990. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.640TTM2.990-0.351
TTM2.990YOY3.416-0.425
TTM2.9905Y4.508-1.517
5Y4.50810Y3.920+0.588
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6401.831+0.809
TTM2.9901.875+1.115
YOY3.4161.896+1.520
5Y4.5081.926+2.582
10Y3.9201.762+2.158
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Argus to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.86 means the company can pay off ¥0.86 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 0.861. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.958. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.861TTM0.958-0.098
TTM0.958YOY1.187-0.229
TTM0.9585Y1.793-0.835
5Y1.79310Y1.806-0.013
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8610.846+0.015
TTM0.9580.884+0.074
YOY1.1870.966+0.221
5Y1.7931.049+0.744
10Y1.8061.030+0.776

1.4. Solvency of Argus Shanghai Textile Chemicals Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Argus to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.23 means that Argus assets are financed with 23.2% credit (debt) and the remaining percentage (100% - 23.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 0.232. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.225. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.232TTM0.225+0.007
TTM0.225YOY0.256-0.031
TTM0.2255Y0.180+0.045
5Y0.18010Y0.181-0.001
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2320.431-0.199
TTM0.2250.427-0.202
YOY0.2560.426-0.170
5Y0.1800.433-0.253
10Y0.1810.439-0.258
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Argus to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 32.1% means that company has ¥0.32 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The MRQ is 0.321. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.310. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.321TTM0.310+0.011
TTM0.310YOY0.368-0.058
TTM0.3105Y0.241+0.069
5Y0.24110Y0.242-0.001
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3210.767-0.446
TTM0.3100.752-0.442
YOY0.3680.747-0.379
5Y0.2410.797-0.556
10Y0.2420.845-0.603

2. Market Valuation of Argus Shanghai Textile Chemicals Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Argus generates.

  • Above 15 is considered overpriced but always compare Argus to the Specialty Chemicals industry mean.
  • A PE ratio of 31.45 means the investor is paying ¥31.45 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The EOD is 23.348. Based on the earnings, the company is fair priced.
  • The MRQ is 31.447. Based on the earnings, the company is overpriced. -1
  • The TTM is 19.722. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD23.348MRQ31.447-8.098
MRQ31.447TTM19.722+11.724
TTM19.722YOY39.082-19.360
TTM19.7225Y40.040-20.317
5Y40.04010Y37.140+2.900
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD23.34815.198+8.150
MRQ31.44713.988+17.459
TTM19.72215.705+4.017
YOY39.08217.841+21.241
5Y40.04019.498+20.542
10Y37.14023.951+13.189
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The EOD is 31.944. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 43.024. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is -187.190. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD31.944MRQ43.024-11.080
MRQ43.024TTM-187.190+230.214
TTM-187.190YOY-0.026-187.164
TTM-187.1905Y-35.649-151.541
5Y-35.64910Y-34.492-1.157
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD31.9444.953+26.991
MRQ43.0244.382+38.642
TTM-187.1902.275-189.465
YOY-0.026-0.150+0.124
5Y-35.6493.098-38.747
10Y-34.4922.609-37.101
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 2.00 means the investor is paying ¥2.00 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Argus Shanghai Textile Chemicals Co Ltd:

  • The EOD is 1.486. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.001. Based on the equity, the company is underpriced. +1
  • The TTM is 1.863. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.486MRQ2.001-0.515
MRQ2.001TTM1.863+0.138
TTM1.863YOY1.533+0.330
TTM1.8635Y2.131-0.268
5Y2.13110Y2.120+0.011
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD1.4861.735-0.249
MRQ2.0011.781+0.220
TTM1.8631.854+0.009
YOY1.5332.306-0.773
5Y2.1312.348-0.217
10Y2.1202.842-0.722
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Argus Shanghai Textile Chemicals 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--0.1140.015+657%0.071+62%0.060+92%0.296-61%
Book Value Per Share--6.8106.685+2%6.627+3%6.398+6%6.121+11%
Current Ratio--2.6402.990-12%3.416-23%4.508-41%3.920-33%
Debt To Asset Ratio--0.2320.225+3%0.256-9%0.180+29%0.181+28%
Debt To Equity Ratio--0.3210.310+4%0.368-13%0.241+33%0.242+33%
Dividend Per Share--0.0130.069-82%0.042-70%0.050-75%0.063-80%
Eps--0.1080.048+125%0.086+25%0.093+16%0.106+2%
Free Cash Flow Per Share--0.0790.018+341%-0.024+131%-0.035+144%-0.036+146%
Free Cash Flow To Equity Per Share---0.016-0.091+454%0.077-121%-0.034+107%0.035-147%
Gross Profit Margin--1.0001.0000%1.0000%0.950+5%0.957+5%
Intrinsic Value_10Y_max---0.052--------
Intrinsic Value_10Y_min---0.090--------
Intrinsic Value_1Y_max---0.112--------
Intrinsic Value_1Y_min---0.111--------
Intrinsic Value_3Y_max---0.256--------
Intrinsic Value_3Y_min---0.246--------
Intrinsic Value_5Y_max---0.301--------
Intrinsic Value_5Y_min---0.287--------
Market Cap1936563200.000-35%2608236800.0002386259200.000+9%1942782400.000+34%2573792000.000+1%2524787200.000+3%
Net Profit Margin--0.1020.039+162%0.075+36%0.074+39%0.083+23%
Operating Margin--0.108-0.002+102%0.107+1%0.082+32%0.071+51%
Operating Ratio--1.5991.643-3%1.622-1%1.519+5%1.409+13%
Pb Ratio1.486-35%2.0011.863+7%1.533+31%2.131-6%2.120-6%
Pe Ratio23.348-35%31.44719.722+59%39.082-20%40.040-21%37.140-15%
Price Per Share10.120-35%13.63012.470+9%10.153+34%13.450+1%13.194+3%
Price To Free Cash Flow Ratio31.944-35%43.024-187.190+535%-0.026+100%-35.649+183%-34.492+180%
Price To Total Gains Ratio79.745-35%107.40345.264+137%120.298-11%101.504+6%97.215+10%
Quick Ratio--0.8610.958-10%1.187-28%1.793-52%1.806-52%
Return On Assets--0.0120.006+119%0.010+27%0.011+7%0.015-18%
Return On Equity--0.0170.008+120%0.014+22%0.015+15%0.019-12%
Total Gains Per Share--0.1270.084+50%0.112+13%0.110+16%0.359-65%
Usd Book Value--180354851.503177034582.844+2%175504026.030+3%169436331.554+6%162119024.558+11%
Usd Book Value Change Per Share--0.0160.002+657%0.010+62%0.008+92%0.041-61%
Usd Book Value Per Share--0.9420.925+2%0.917+3%0.885+6%0.847+11%
Usd Dividend Per Share--0.0020.010-82%0.006-70%0.007-75%0.009-80%
Usd Eps--0.0150.007+125%0.012+25%0.013+16%0.015+2%
Usd Free Cash Flow--2097549.831475890.877+341%-641860.155+131%-917544.968+144%-958954.365+146%
Usd Free Cash Flow Per Share--0.0110.002+341%-0.003+131%-0.005+144%-0.005+146%
Usd Free Cash Flow To Equity Per Share---0.002-0.013+454%0.011-121%-0.005+107%0.005-147%
Usd Market Cap268020346.880-35%360979973.120330258273.280+9%268881084.160+34%356212812.800+1%349430548.480+3%
Usd Price Per Share1.401-35%1.8861.726+9%1.405+34%1.861+1%1.826+3%
Usd Profit--2869793.8531302150.850+120%2287765.499+25%2332627.124+23%2678792.442+7%
Usd Revenue--28016822.18725452437.699+10%29715841.971-6%28033275.0250%28828973.959-3%
Usd Total Gains Per Share--0.0180.012+50%0.016+13%0.015+16%0.050-65%
 EOD+4 -4MRQTTM+25 -10YOY+24 -115Y+26 -1010Y+18 -18

3.2. Fundamental Score

Let's check the fundamental score of Argus Shanghai Textile Chemicals Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.348
Price to Book Ratio (EOD)Between0-11.486
Net Profit Margin (MRQ)Greater than00.102
Operating Margin (MRQ)Greater than00.108
Quick Ratio (MRQ)Greater than10.861
Current Ratio (MRQ)Greater than12.640
Debt to Asset Ratio (MRQ)Less than10.232
Debt to Equity Ratio (MRQ)Less than10.321
Return on Equity (MRQ)Greater than0.150.017
Return on Assets (MRQ)Greater than0.050.012
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Argus Shanghai Textile Chemicals Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.932
Ma 20Greater thanMa 509.996
Ma 50Greater thanMa 10010.469
Ma 100Greater thanMa 20012.233
OpenGreater thanClose9.970
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets1,696,122
Total Liabilities392,980
Total Stockholder Equity1,223,559
 As reported
Total Liabilities 392,980
Total Stockholder Equity+ 1,223,559
Total Assets = 1,696,122

Assets

Total Assets1,696,122
Total Current Assets899,365
Long-term Assets796,757
Total Current Assets
Cash And Cash Equivalents 184,039
Short-term Investments 1,000
Net Receivables 292,253
Inventory 402,763
Other Current Assets 19,310
Total Current Assets  (as reported)899,365
Total Current Assets  (calculated)899,365
+/- 0
Long-term Assets
Property Plant Equipment 532,701
Intangible Assets 117,235
Other Assets 28,349
Long-term Assets  (as reported)796,757
Long-term Assets  (calculated)678,285
+/- 118,472

Liabilities & Shareholders' Equity

Total Current Liabilities340,724
Long-term Liabilities52,256
Total Stockholder Equity1,223,559
Total Current Liabilities
Short Long Term Debt 120,046
Accounts payable 154,025
Other Current Liabilities 37,825
Total Current Liabilities  (as reported)340,724
Total Current Liabilities  (calculated)311,896
+/- 28,827
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt806
Other Liabilities 31,005
Deferred Long Term Liability 1,362
Long-term Liabilities  (as reported)52,256
Long-term Liabilities  (calculated)33,173
+/- 19,083
Total Stockholder Equity
Common Stock191,360
Retained Earnings 746,232
Other Stockholders Equity 186
Total Stockholder Equity (as reported)1,223,559
Total Stockholder Equity (calculated)937,779
+/- 285,780
Other
Capital Stock191,360
Common Stock Shares Outstanding 191,360
Net Invested Capital 1,364,050
Net Tangible Assets 1,106,323
Net Working Capital 558,641
Property Plant and Equipment Gross 532,701



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
704,028
665,328
752,747
831,903
891,516
891,516
1,212,466
0
1,311,785
1,340,180
1,392,724
1,328,908
1,360,719
1,326,789
1,367,934
1,412,264
1,483,014
1,532,866
1,588,507
1,680,554
1,727,669
1,715,159
1,692,847
1,621,696
1,632,154
1,653,544
1,696,122
1,696,1221,653,5441,632,1541,621,6961,692,8471,715,1591,727,6691,680,5541,588,5071,532,8661,483,0141,412,2641,367,9341,326,7891,360,7191,328,9081,392,7241,340,1801,311,78501,212,466891,516891,516831,903752,747665,328704,028
   > Total Current Assets 
0
0
0
0
0
0
0
0
1,171,061
1,082,041
1,116,168
1,048,339
1,073,407
985,056
976,908
1,007,760
992,107
1,027,924
1,032,535
1,045,315
1,054,690
1,053,494
985,318
874,682
855,106
863,751
899,365
899,365863,751855,106874,682985,3181,053,4941,054,6901,045,3151,032,5351,027,924992,1071,007,760976,908985,0561,073,4071,048,3391,116,1681,082,0411,171,06100000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
397,006
344,748
150,734
135,751
165,350
180,558
158,218
106,955
159,076
172,198
213,045
232,851
178,565
215,380
235,942
197,122
169,841
165,575
184,039
184,039165,575169,841197,122235,942215,380178,565232,851213,045172,198159,076106,955158,218180,558165,350135,751150,734344,748397,00600000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
185,500
198,638
159,138
105,301
94,000
172,761
50,059
53,478
4,563
0
0
0
9,000
5,000
0
0
1,000
1,000005,0009,0000004,56353,47850,059172,76194,000105,301159,138198,638185,5000000000000
       Net Receivables 
299,099
254,733
269,278
278,280
331,645
331,645
322,404
0
319,133
271,288
308,622
338,014
370,948
336,673
363,849
337,547
361,627
383,032
360,547
306,387
400,243
392,445
333,030
277,766
246,172
299,291
292,253
292,253299,291246,172277,766333,030392,445400,243306,387360,547383,032361,627337,547363,849336,673370,948338,014308,622271,288319,1330322,404331,645331,645278,280269,278254,733299,099
       Other Current Assets 
9,410
5,074
10,068
18,372
16,387
16,387
16,882
0
60,138
15,803
14,336
22,639
26,650
24,801
21,618
24,043
28,178
31,770
43,724
57,254
54,278
26,472
13,880
3,240
4,612
15,845
19,310
19,31015,8454,6123,24013,88026,47254,27857,25443,72431,77028,17824,04321,61824,80126,65022,63914,33615,80360,138016,88216,38716,38718,37210,0685,0749,410
   > Long-term Assets 
0
0
0
0
0
0
0
0
140,724
258,140
276,556
280,568
287,312
341,733
391,025
404,504
490,907
504,942
555,972
635,238
672,979
661,664
707,530
747,014
777,048
789,793
796,757
796,757789,793777,048747,014707,530661,664672,979635,238555,972504,942490,907404,504391,025341,733287,312280,568276,556258,140140,72400000000
       Property Plant Equipment 
91,226
82,944
80,515
78,624
78,333
78,333
86,067
92,825
101,297
219,469
238,375
182,949
190,124
223,337
234,336
203,542
245,843
258,045
310,207
359,064
380,964
392,292
443,142
480,408
512,040
525,197
532,701
532,701525,197512,040480,408443,142392,292380,964359,064310,207258,045245,843203,542234,336223,337190,124182,949238,375219,469101,29792,82586,06778,33378,33378,62480,51582,94491,226
       Intangible Assets 
33,452
33,001
32,097
31,212
30,624
30,624
30,365
0
29,802
1,408
29,353
85,235
84,901
97,707
96,686
130,269
129,493
127,917
126,847
125,633
124,198
123,248
122,087
120,805
119,512
118,277
117,235
117,235118,277119,512120,805122,087123,248124,198125,633126,847127,917129,493130,26996,68697,70784,90185,23529,3531,40829,802030,36530,62430,62431,21232,09733,00133,452
       Long-term Assets Other 
0
0
0
0
0
0
0
0
104
104
276,556
3,726
3,260
12,377
271,397
12,040
8,021
11,286
12,599
10,984
28,996
7,632
3,795
2,317
1,948
2,079
2,252
2,2522,0791,9482,3173,7957,63228,99610,98412,59911,2868,02112,040271,39712,3773,2603,726276,55610410400000000
> Total Liabilities 
154,779
173,237
210,961
185,885
200,580
200,580
137,612
0
176,503
187,227
212,116
135,535
149,304
117,491
141,433
196,802
257,787
299,312
350,994
438,364
456,639
447,588
401,268
364,107
357,537
372,285
392,980
392,980372,285357,537364,107401,268447,588456,639438,364350,994299,312257,787196,802141,433117,491149,304135,535212,116187,227176,5030137,612200,580200,580185,885210,961173,237154,779
   > Total Current Liabilities 
151,811
171,609
209,892
185,037
199,842
199,842
136,929
0
175,930
186,709
211,653
135,127
148,951
117,193
141,190
196,614
240,669
277,624
289,503
306,544
315,457
321,708
271,131
235,589
293,976
319,883
340,724
340,724319,883293,976235,589271,131321,708315,457306,544289,503277,624240,669196,614141,190117,193148,951135,127211,653186,709175,9300136,929199,842199,842185,037209,892171,609151,811
       Short-term Debt 
0
0
0
0
0
0
0
0
34,500
64,500
80,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000080,00064,50034,50000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
34,500
64,500
80,000
30,040
30,040
20,000
20,021
59,066
79,081
109,111
129,104
115,114
101,144
117,593
107,713
72,912
119,712
135,105
120,046
120,046135,105119,71272,912107,713117,593101,144115,114129,104109,11179,08159,06620,02120,00030,04030,04080,00064,50034,50000000000
       Accounts payable 
75,998
54,181
102,731
83,273
94,463
94,463
55,960
0
107,018
96,284
106,907
71,070
95,183
77,468
99,927
100,502
128,270
133,803
124,115
105,336
137,226
130,757
87,495
68,295
97,455
115,706
154,025
154,025115,70697,45568,29587,495130,757137,226105,336124,115133,803128,270100,50299,92777,46895,18371,070106,90796,284107,018055,96094,46394,46383,273102,73154,18175,998
       Other Current Liabilities 
27,313
19,428
32,661
41,764
35,380
35,380
26,469
0
0
0
17,379
13,325
19,848
13,543
17,024
20,183
26,084
20,687
24,163
44,480
32,077
17,163
33,986
39,618
49,339
31,341
37,825
37,82531,34149,33939,61833,98617,16332,07744,48024,16320,68726,08420,18317,02413,54319,84813,32517,37900026,46935,38035,38041,76432,66119,42827,313
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
573
518
463
408
353
298
243
188
17,118
21,688
61,491
131,820
141,182
125,880
130,137
128,518
63,561
52,402
52,256
52,25652,40263,561128,518130,137125,880141,182131,82061,49121,68817,11818824329835340846351857300000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
-34,500
-64,500
-80,000
0
0
0
0
0
16,977
16,025
36,489
29,252
27,938
4,240
3,553
2,670
1,519
896
806
8068961,5192,6703,5534,24027,93829,25236,48916,02516,97700000-80,000-64,500-34,50000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,00030,00030,00030,00030,00030,00030,00030,0000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
4,133
4,391
4,015
3,786
3,395
3,000
2,611
2,220
1,828
1,485
1,081
677
320
44
137
109
0
17
1,398
1,362
1,3621,398170109137443206771,0811,4851,8282,2202,6113,0003,3953,7864,0154,3914,1330000000
> Total Stockholder Equity
495,467
441,325
499,531
602,340
646,454
646,454
1,029,080
0
1,091,649
1,087,258
1,113,333
1,122,013
1,140,818
1,118,914
1,135,185
1,128,636
1,138,231
1,146,367
1,150,948
1,158,042
1,187,570
1,184,766
1,209,132
1,178,263
1,195,690
1,201,328
1,223,559
1,223,5591,201,3281,195,6901,178,2631,209,1321,184,7661,187,5701,158,0421,150,9481,146,3671,138,2311,128,6361,135,1851,118,9141,140,8181,122,0131,113,3331,087,2581,091,64901,029,080646,454646,454602,340499,531441,325495,467
   Common Stock
124,800
110,400
110,400
110,400
110,400
110,400
147,200
147,200
147,200
191,360
191,360
191,360
191,360
191,360
191,360
191,360
191,360
191,360
191,360
191,360
191,360
191,360
191,360
0
191,360
191,360
191,360
191,360191,360191,3600191,360191,360191,360191,360191,360191,360191,360191,360191,360191,360191,360191,360191,360191,360147,200147,200147,200110,400110,400110,400110,400110,400124,800
   Retained Earnings 
222,665
294,800
349,544
452,352
496,466
496,466
528,597
548,419
541,694
537,258
563,355
621,535
640,330
618,410
634,646
638,319
662,887
671,121
680,413
687,844
717,047
714,419
723,907
637,040
654,597
725,497
746,232
746,232725,497654,597637,040723,907714,419717,047687,844680,413671,121662,887638,319634,646618,410640,330621,535563,355537,258541,694548,419528,597496,466496,466452,352349,544294,800222,665
   Capital Surplus 000000000000000000000000000
   Treasury Stock000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
-4
-21
24
2
-4
5
21
56
-165
-139
-237
52
-285
39
-136
-263
0
0
236
186
18623600-263-13639-28552-237-139-16556215-4224-21-40000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue735,620
Cost of Revenue-517,621
Gross Profit217,999217,999
 
Operating Income (+$)
Gross Profit217,999
Operating Expense-684,756
Operating Income50,864-466,757
 
Operating Expense (+$)
Research Development42,559
Selling General Administrative80,807
Selling And Marketing Expenses-
Operating Expense684,756123,366
 
Net Interest Income (+$)
Interest Income1,452
Interest Expense-5,780
Other Finance Cost-3,614
Net Interest Income-7,943
 
Pretax Income (+$)
Operating Income50,864
Net Interest Income-7,943
Other Non-Operating Income Expenses-
Income Before Tax (EBT)39,21050,864
EBIT - interestExpense = -5,780
37,634
43,415
Interest Expense5,780
Earnings Before Interest and Taxes (EBIT)-44,991
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax39,210
Tax Provision-1,492
Net Income From Continuing Ops37,71837,718
Net Income37,634
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-7,943
 

Technical Analysis of Argus
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 Argus. The general trend of Argus is BEARISH with 71.4% 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 Argus'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 (-71.4%) Bearish trend (71.4%)
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 Argus Shanghai Textile Chemicals Co Ltd.

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: 10.74 < 10.74 < 10.74.

The bearish price targets are: 9 > 7.04.

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Argus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-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 below 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 down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below 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

Argus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current macd is 0.00725288.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Argus price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Argus. 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 Argus 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
Argus Shanghai Textile Chemicals Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current adx is 16.55.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Argus shares, leading to potential downward 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.
Argus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current sar is 10.80.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Argus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current rsi is 48.93. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Argus Shanghai Textile Chemicals Co Ltd Daily Relative Strength Index (RSI) ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is 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 Argus price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Argus Shanghai Textile Chemicals Co Ltd Daily Stochastic Oscillator ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current cci is 24.70.

Argus Shanghai Textile Chemicals Co Ltd Daily Commodity Channel Index (CCI) ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current cmo is -0.63210502.

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
Argus Shanghai Textile Chemicals Co Ltd Daily Chande Momentum Oscillator (CMO) ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current willr is -52.77777778.

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 Argus is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Argus Shanghai Textile Chemicals Co Ltd Daily Williams %R ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd.

Argus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current atr is 0.41762878.

Argus Shanghai Textile Chemicals Co Ltd Daily Average True Range (ATR) ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current obv is 74,077,780.

Argus Shanghai Textile Chemicals Co Ltd Daily On-Balance Volume (OBV) ChartArgus Shanghai Textile Chemicals 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 Argus Shanghai Textile Chemicals Co Ltd. The current mfi is 71.24.

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
Argus Shanghai Textile Chemicals Co Ltd Daily Money Flow Index (MFI) ChartArgus Shanghai Textile Chemicals Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Argus Shanghai Textile Chemicals Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08DMI 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).
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.

6.3. Candlestick Patterns

Argus Shanghai Textile Chemicals Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Argus Shanghai Textile Chemicals Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.932
Ma 20Greater thanMa 509.996
Ma 50Greater thanMa 10010.469
Ma 100Greater thanMa 20012.233
OpenGreater thanClose9.970
Total0/5 (0.0%)
Penke

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