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Hangzhou Hopechart Iot Technology
Buy, Hold or Sell?

Let's analyse Hopechart together

PenkeI guess you are interested in Hangzhou Hopechart Iot Technology. 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 Hangzhou Hopechart Iot Technology. 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 Hopechart (30 sec.)










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

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥7.77
Expected worth in 1 year
¥7.03
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
¥-0.73
Return On Investment
-4.6%

For what price can you sell your share?

Current Price per Share
¥15.63
Expected price per share
¥9.7 - ¥17.40
How sure are you?
50%

1. Valuation of Hopechart (5 min.)




Live pricePrice per Share (EOD)

¥15.63

Intrinsic Value Per Share

¥-19.83 - ¥-23.50

Total Value Per Share

¥-12.05 - ¥-15.73

2. Growth of Hopechart (5 min.)




Is Hopechart growing?

Current yearPrevious yearGrowGrow %
How rich?$107.9m$123.1m-$13.3m-12.2%

How much money is Hopechart making?

Current yearPrevious yearGrowGrow %
Making money-$2.8m-$2.4m-$415.4k-14.4%
Net Profit Margin-29.1%-28.6%--

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

3. Financial Health of Hopechart (5 min.)




4. Comparing to competitors in the Scientific & Technical Instruments industry (5 min.)




  Industry Rankings (Scientific & Technical Instruments)  


Richest
#72 / 158

Most Revenue
#107 / 158

Most Profit
#128 / 158

Most Efficient
#121 / 158

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

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

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

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

Speculation

The Price per Share of Hopechart is ¥15.63. 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 Hopechart.
  • 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 Hopechart, 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 ¥7.77. Based on the TTM, the Book Value Change Per Share is ¥-0.19 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.20 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 ¥0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hopechart.

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 Eps-0.02-0.1%-0.03-0.2%-0.03-0.2%0.000.0%0.000.0%
Usd Book Value Change Per Share-0.01-0.1%-0.03-0.2%-0.03-0.2%0.070.4%0.070.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.010.1%0.010.1%
Usd Total Gains Per Share-0.01-0.1%-0.03-0.2%-0.03-0.2%0.080.5%0.080.5%
Usd Price Per Share3.27-3.11-3.59-4.29-4.29-
Price to Earnings Ratio-49.14--38.98--40.85-38.70-38.70-
Price-to-Total Gains Ratio-358.90--236.18--146.47-18.34-18.34-
Price to Book Ratio3.04-2.85-2.90-3.55-3.55-
Price-to-Total Gains Ratio-358.90--236.18--146.47-18.34-18.34-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.163192
Number of shares462
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share-0.030.07
Usd Total Gains Per Share-0.030.08
Gains per Quarter (462 shares)-11.6235.12
Gains per Year (462 shares)-46.46140.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-48-5616124130
23-96-10232249270
34-144-14849373410
46-191-19465497550
57-239-24081621690
68-287-28697746830
710-335-332113870970
811-383-3781309941110
913-431-42414611181250
1014-479-47016212431390

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%4.08.00.033.3%8.08.00.050.0%8.08.00.050.0%8.08.00.050.0%
Book Value Change Per Share0.04.00.00.0%3.09.00.025.0%6.010.00.037.5%6.010.00.037.5%6.010.00.037.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Total Gains per Share0.04.00.00.0%4.08.00.033.3%8.08.00.050.0%8.08.00.050.0%8.08.00.050.0%

Fundamentals of Hopechart

About Hangzhou Hopechart Iot Technology

Hangzhou Hopechart IoT Technology Co.,Ltd engages in the development, production, and sale of driving systems and advanced driver assistance systems (ADAS) in the People's Republic of China. The company offers intelligent network products, including intelligent driving systems and vehicle networking terminals; hardware, such as various types of driving recorders and T-BOX, sensors; and ADAS and other products that are used to record and store the driving speed, time, mileage, location, and other information of heavy trucks and other vehicles. It also provides smart cockpit products, which includes human-computer interaction terminals; and specific products, including vehicle central control screens, car instruments, and other cockpit products. In addition, the company offers vehicle central control panels, such as body control systems, door control systems, gateways, integrated temperature control systems, thermal management controllers, car air-conditioning controllers, car refrigerator controllers, seat Chair controller, and other automotive controller products. Further, it engages in development of software platform. The company was incorporated in 2009 and is headquartered in Hangzhou, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-28 04:06:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Hangzhou Hopechart Iot Technology.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Hopechart to the Scientific & Technical Instruments industry mean.
  • A Net Profit Margin of -10.0% 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 Hangzhou Hopechart Iot Technology:

  • The MRQ is -10.0%. The company is making a loss. -1
  • The TTM is -29.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-10.0%TTM-29.1%+19.2%
TTM-29.1%YOY-28.6%-0.6%
TTM-29.1%5Y-6.4%-22.7%
5Y-6.4%10Y-6.4%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.0%4.7%-14.7%
TTM-29.1%3.8%-32.9%
YOY-28.6%4.8%-33.4%
5Y-6.4%5.2%-11.6%
10Y-6.4%5.9%-12.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Hopechart to the Scientific & Technical Instruments industry mean.
  • -1.2% Return on Assets means that Hopechart generated ¥-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is -1.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.2%TTM-2.1%+0.9%
TTM-2.1%YOY-1.7%-0.4%
TTM-2.1%5Y-0.1%-2.0%
5Y-0.1%10Y-0.1%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.2%0.7%-1.9%
TTM-2.1%0.6%-2.7%
YOY-1.7%1.0%-2.7%
5Y-0.1%1.2%-1.3%
10Y-0.1%1.4%-1.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Hopechart to the Scientific & Technical Instruments industry mean.
  • -1.5% Return on Equity means Hopechart generated ¥-0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is -1.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -2.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM-2.6%+1.1%
TTM-2.6%YOY-2.0%-0.6%
TTM-2.6%5Y-0.1%-2.5%
5Y-0.1%10Y-0.1%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.5%1.3%-2.8%
TTM-2.6%1.1%-3.7%
YOY-2.0%1.7%-3.7%
5Y-0.1%1.8%-1.9%
10Y-0.1%2.0%-2.1%

1.2. Operating Efficiency of Hangzhou Hopechart Iot Technology.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hopechart is operating .

  • Measures how much profit Hopechart 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 Hopechart to the Scientific & Technical Instruments industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-18.2%+18.2%
TTM-18.2%YOY-36.1%+17.8%
TTM-18.2%5Y-7.6%-10.6%
5Y-7.6%10Y-7.6%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.6%-4.6%
TTM-18.2%3.4%-21.6%
YOY-36.1%5.2%-41.3%
5Y-7.6%6.5%-14.1%
10Y-7.6%4.7%-12.3%
1.2.2. Operating Ratio

Measures how efficient Hopechart is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • An Operation Ratio of 1.76 means that the operating costs are ¥1.76 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is 1.758. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.921. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.758TTM1.921-0.163
TTM1.921YOY1.961-0.039
TTM1.9215Y1.678+0.243
5Y1.67810Y1.6780.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7581.397+0.361
TTM1.9211.407+0.514
YOY1.9611.391+0.570
5Y1.6781.345+0.333
10Y1.6781.111+0.567

1.3. Liquidity of Hangzhou Hopechart Iot Technology.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A Current Ratio of 2.93 means the company has ¥2.93 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is 2.934. The company is able to pay all its short-term debts. +1
  • The TTM is 3.277. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.934TTM3.277-0.343
TTM3.277YOY4.438-1.161
TTM3.2775Y4.995-1.718
5Y4.99510Y4.9950.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9342.389+0.545
TTM3.2772.552+0.725
YOY4.4382.467+1.971
5Y4.9952.805+2.190
10Y4.9952.552+2.443
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Hopechart to the Scientific & Technical Instruments industry mean.
  • A Quick Ratio of 1.23 means the company can pay off ¥1.23 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is 1.232. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.281. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.232TTM1.281-0.049
TTM1.281YOY1.767-0.486
TTM1.2815Y1.800-0.519
5Y1.80010Y1.8000.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2321.061+0.171
TTM1.2811.096+0.185
YOY1.7671.239+0.528
5Y1.8001.302+0.498
10Y1.8001.369+0.431

1.4. Solvency of Hangzhou Hopechart Iot Technology.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Hopechart to Scientific & Technical Instruments industry mean.
  • A Debt to Asset Ratio of 0.23 means that Hopechart assets are financed with 22.8% credit (debt) and the remaining percentage (100% - 22.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is 0.228. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.203. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.228TTM0.203+0.025
TTM0.203YOY0.161+0.042
TTM0.2035Y0.169+0.034
5Y0.16910Y0.1690.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2280.366-0.138
TTM0.2030.371-0.168
YOY0.1610.356-0.195
5Y0.1690.338-0.169
10Y0.1690.339-0.170
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Hopechart to the Scientific & Technical Instruments industry mean.
  • A Debt to Equity ratio of 29.6% means that company has ¥0.30 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hangzhou Hopechart Iot Technology:

  • The MRQ is 0.296. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.256. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.296TTM0.256+0.040
TTM0.256YOY0.193+0.063
TTM0.2565Y0.205+0.051
5Y0.20510Y0.2050.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2960.539-0.243
TTM0.2560.554-0.298
YOY0.1930.541-0.348
5Y0.2050.519-0.314
10Y0.2050.525-0.320

2. Market Valuation of Hangzhou Hopechart Iot Technology

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 Hopechart generates.

  • Above 15 is considered overpriced but always compare Hopechart to the Scientific & Technical Instruments industry mean.
  • A PE ratio of -49.14 means the investor is paying ¥-49.14 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hangzhou Hopechart Iot Technology:

  • The EOD is -32.533. Based on the earnings, the company is expensive. -2
  • The MRQ is -49.143. Based on the earnings, the company is expensive. -2
  • The TTM is -38.976. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-32.533MRQ-49.143+16.610
MRQ-49.143TTM-38.976-10.167
TTM-38.976YOY-40.847+1.872
TTM-38.9765Y38.699-77.675
5Y38.69910Y38.6990.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD-32.53316.713-49.246
MRQ-49.14316.582-65.725
TTM-38.97613.630-52.606
YOY-40.84715.724-56.571
5Y38.69914.449+24.250
10Y38.69926.723+11.976
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hangzhou Hopechart Iot Technology:

  • The EOD is -19.076. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -28.815. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -35.164. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-19.076MRQ-28.815+9.739
MRQ-28.815TTM-35.164+6.349
TTM-35.164YOY25.858-61.021
TTM-35.1645Y-2.329-32.835
5Y-2.32910Y-2.3290.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD-19.0764.833-23.909
MRQ-28.8154.741-33.556
TTM-35.164-1.563-33.601
YOY25.858-0.871+26.729
5Y-2.329-3.854+1.525
10Y-2.329-1.652-0.677
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A PB ratio of 3.04 means the investor is paying ¥3.04 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Hangzhou Hopechart Iot Technology:

  • The EOD is 2.011. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.037. Based on the equity, the company is fair priced.
  • The TTM is 2.852. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.011MRQ3.037-1.027
MRQ3.037TTM2.852+0.185
TTM2.852YOY2.901-0.049
TTM2.8525Y3.548-0.697
5Y3.54810Y3.5480.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD2.0112.486-0.475
MRQ3.0372.750+0.287
TTM2.8522.772+0.080
YOY2.9012.774+0.127
5Y3.5483.112+0.436
10Y3.5483.998-0.450
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hangzhou Hopechart Iot Technology 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---0.073-0.187+158%-0.204+181%0.486-115%0.486-115%
Book Value Per Share--7.7747.903-2%8.866-12%8.665-10%8.665-10%
Current Ratio--2.9343.277-10%4.438-34%4.995-41%4.995-41%
Debt To Asset Ratio--0.2280.203+12%0.161+41%0.169+35%0.169+35%
Debt To Equity Ratio--0.2960.256+16%0.193+53%0.205+44%0.205+44%
Dividend Per Share--0.0070.006+22%0.009-28%0.063-89%0.063-89%
Eps---0.120-0.189+58%-0.205+71%-0.004-97%-0.004-97%
Free Cash Flow Per Share---0.205-0.173-15%-0.317+55%-0.216+5%-0.216+5%
Free Cash Flow To Equity Per Share---0.205-0.252+23%-0.362+77%-0.255+25%-0.255+25%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---23.501--------
Intrinsic Value_10Y_min---19.828--------
Intrinsic Value_1Y_max---1.102--------
Intrinsic Value_1Y_min---1.082--------
Intrinsic Value_3Y_max---4.266--------
Intrinsic Value_3Y_min---4.053--------
Intrinsic Value_5Y_max---8.581--------
Intrinsic Value_5Y_min---7.882--------
Market Cap1568376720.000-51%2369121840.0002257990860.000+5%2599662180.000-9%3107779110.000-24%3107779110.000-24%
Net Profit Margin---0.100-0.291+192%-0.286+186%-0.064-36%-0.064-36%
Operating Margin----0.1820%-0.3610%-0.0760%-0.0760%
Operating Ratio--1.7581.921-9%1.961-10%1.678+5%1.678+5%
Pb Ratio2.011-51%3.0372.852+6%2.901+5%3.548-14%3.548-14%
Pe Ratio-32.533+34%-49.143-38.976-21%-40.847-17%38.699-227%38.699-227%
Price Per Share15.630-51%23.61022.503+5%25.908-9%30.971-24%30.971-24%
Price To Free Cash Flow Ratio-19.076+34%-28.815-35.164+22%25.858-211%-2.329-92%-2.329-92%
Price To Total Gains Ratio-237.592+34%-358.896-236.182-34%-146.472-59%18.343-2057%18.343-2057%
Quick Ratio--1.2321.281-4%1.767-30%1.800-32%1.800-32%
Return On Assets---0.012-0.021+77%-0.017+42%-0.001-95%-0.001-95%
Return On Equity---0.015-0.026+69%-0.020+31%-0.001-94%-0.001-94%
Total Gains Per Share---0.066-0.182+176%-0.194+196%0.549-112%0.549-112%
Usd Book Value--107961835.588109751280.070-2%123132351.268-12%120330600.392-10%120330600.392-10%
Usd Book Value Change Per Share---0.010-0.026+158%-0.028+181%0.067-115%0.067-115%
Usd Book Value Per Share--1.0761.094-2%1.227-12%1.199-10%1.199-10%
Usd Dividend Per Share--0.0010.001+22%0.001-28%0.009-89%0.009-89%
Usd Eps---0.017-0.026+58%-0.028+71%-0.001-97%-0.001-97%
Usd Free Cash Flow---2844747.874-2408752.317-15%-4399798.909+55%-2809182.831-1%-2809182.831-1%
Usd Free Cash Flow Per Share---0.028-0.024-15%-0.044+55%-0.030+5%-0.030+5%
Usd Free Cash Flow To Equity Per Share---0.028-0.035+23%-0.050+77%-0.035+25%-0.035+25%
Usd Market Cap217063338.048-51%327886462.656312505935.024+5%359793245.712-9%430116628.824-24%430116628.824-24%
Usd Price Per Share2.163-51%3.2683.114+5%3.586-9%4.286-24%4.286-24%
Usd Profit---1668033.073-2888916.973+73%-2473439.116+48%-28671.303-98%-28671.303-98%
Usd Revenue--16706025.03312181298.299+37%9229321.514+81%13039727.336+28%13039727.336+28%
Usd Total Gains Per Share---0.009-0.025+176%-0.027+196%0.076-112%0.076-112%
 EOD+3 -5MRQTTM+20 -14YOY+20 -145Y+9 -2510Y+9 -25

3.2. Fundamental Score

Let's check the fundamental score of Hangzhou Hopechart Iot Technology based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-32.533
Price to Book Ratio (EOD)Between0-12.011
Net Profit Margin (MRQ)Greater than0-0.100
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.232
Current Ratio (MRQ)Greater than12.934
Debt to Asset Ratio (MRQ)Less than10.228
Debt to Equity Ratio (MRQ)Less than10.296
Return on Equity (MRQ)Greater than0.15-0.015
Return on Assets (MRQ)Greater than0.05-0.012
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Hangzhou Hopechart Iot Technology based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.211
Ma 20Greater thanMa 5016.095
Ma 50Greater thanMa 10016.592
Ma 100Greater thanMa 20020.578
OpenGreater thanClose14.620
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Retained Earnings  100,691-72,66028,030-10,78817,24212,00629,248-37,031-7,783



Latest Balance Sheet

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

Summary
Total Assets1,010,255
Total Liabilities230,184
Total Stockholder Equity778,246
 As reported
Total Liabilities 230,184
Total Stockholder Equity+ 778,246
Total Assets = 1,010,255

Assets

Total Assets1,010,255
Total Current Assets643,953
Long-term Assets366,302
Total Current Assets
Cash And Cash Equivalents 182,701
Short-term Investments 49,951
Net Receivables 220,491
Inventory 86,039
Other Current Assets 14,450
Total Current Assets  (as reported)643,953
Total Current Assets  (calculated)553,632
+/- 90,321
Long-term Assets
Property Plant Equipment 140,261
Goodwill 7,127
Intangible Assets 10,482
Long-term Assets Other 2,165
Long-term Assets  (as reported)366,302
Long-term Assets  (calculated)160,036
+/- 206,267

Liabilities & Shareholders' Equity

Total Current Liabilities219,464
Long-term Liabilities10,720
Total Stockholder Equity778,246
Total Current Liabilities
Short Long Term Debt 70,620
Accounts payable 108,923
Other Current Liabilities 3,196
Total Current Liabilities  (as reported)219,464
Total Current Liabilities  (calculated)182,739
+/- 36,726
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt2,668
Long-term Liabilities Other 4,095
Long-term Liabilities  (as reported)10,720
Long-term Liabilities  (calculated)6,763
+/- 3,957
Total Stockholder Equity
Total Stockholder Equity (as reported)778,246
Total Stockholder Equity (calculated)0
+/- 778,246
Other
Capital Stock100,344
Common Stock Shares Outstanding 100,344
Net Invested Capital 848,866
Net Working Capital 424,488
Property Plant and Equipment Gross 140,261



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
965,424
948,499
1,006,242
1,050,963
1,134,399
1,138,302
1,141,231
1,138,346
1,115,258
1,061,403
1,042,632
1,025,133
984,665
993,012
994,474
1,010,255
1,010,255994,474993,012984,6651,025,1331,042,6321,061,4031,115,2581,138,3461,141,2311,138,3021,134,3991,050,9631,006,242948,499965,424
   > Total Current Assets 
862,052
843,442
888,601
914,880
923,534
909,792
896,708
870,574
800,499
735,100
662,012
651,091
612,105
619,972
625,301
643,953
643,953625,301619,972612,105651,091662,012735,100800,499870,574896,708909,792923,534914,880888,601843,442862,052
       Cash And Cash Equivalents 
602,985
538,880
504,827
327,106
354,331
410,623
387,375
357,387
397,331
309,487
279,305
132,731
207,236
202,275
178,370
182,701
182,701178,370202,275207,236132,731279,305309,487397,331357,387387,375410,623354,331327,106504,827538,880602,985
       Short-term Investments 
0
29,100
12,000
217,490
0
12,000
0
0
24,171
30,900
12,000
144,030
68,718
68,718
72,279
49,951
49,95172,27968,71868,718144,03012,00030,90024,1710012,0000217,49012,00029,1000
       Net Receivables 
145,802
205,071
293,308
312,867
318,263
351,887
347,302
296,395
239,443
231,337
228,417
223,230
131,998
136,303
240,583
220,491
220,491240,583136,303131,998223,230228,417231,337239,443296,395347,302351,887318,263312,867293,308205,071145,802
       Inventory 
38,609
54,270
60,625
52,524
62,106
69,459
93,789
123,720
122,885
111,162
95,993
84,122
78,075
76,571
92,387
86,039
86,03992,38776,57178,07584,12295,993111,162122,885123,72093,78969,45962,10652,52460,62554,27038,609
       Other Current Assets 
8,952
16,121
17,841
4,894
5,834
65,824
12,002
93,072
16,669
52,213
42,296
66,978
13,987
13,040
41,682
14,450
14,45041,68213,04013,98766,97842,29652,21316,66993,07212,00265,8245,8344,89417,84116,1218,952
   > Long-term Assets 
103,372
105,057
117,641
136,083
210,866
228,509
244,523
267,772
314,759
326,304
380,620
374,042
372,560
373,040
369,173
366,302
366,302369,173373,040372,560374,042380,620326,304314,759267,772244,523228,509210,866136,083117,641105,057103,372
       Property Plant Equipment 
0
72,416
83,684
101,021
93,784
115,343
130,810
154,403
213,186
227,754
194,071
193,712
191,706
143,619
142,639
140,261
140,261142,639143,619191,706193,712194,071227,754213,186154,403130,810115,34393,784101,02183,68472,4160
       Goodwill 
8,610
8,610
8,610
8,610
8,610
8,610
8,610
8,610
7,127
7,127
7,127
7,127
7,127
7,127
7,127
7,127
7,1277,1277,1277,1277,1277,1277,1277,1278,6108,6108,6108,6108,6108,6108,6108,610
       Intangible Assets 
22,514
21,768
21,125
20,407
18,285
17,704
17,468
16,874
19,105
19,197
15,739
15,418
15,260
10,856
10,689
10,482
10,48210,68910,85615,26015,41815,73919,19719,10516,87417,46817,70418,28520,40721,12521,76822,514
       Long-term Assets Other 
279
0
454
101,021
5,912
4,527
4,692
4,692
688
0
2,136
2,142
570
3,003
872
2,165
2,1658723,0035702,1422,13606884,6924,6924,5275,912101,0214540279
> Total Liabilities 
116,861
87,869
146,155
169,459
217,368
196,935
207,093
201,355
197,746
159,851
158,159
169,932
178,091
195,002
207,127
230,184
230,184207,127195,002178,091169,932158,159159,851197,746201,355207,093196,935217,368169,459146,15587,869116,861
   > Total Current Liabilities 
110,349
79,902
138,042
160,632
207,949
184,645
194,843
189,672
186,875
144,587
149,923
164,015
169,246
182,721
197,622
219,464
219,464197,622182,721169,246164,015149,923144,587186,875189,672194,843184,645207,949160,632138,04279,902110,349
       Short Long Term Debt 
5,007
5,007
15,016
35,000
55,072
55,060
55,053
55,053
59,716
56,114
57,815
67,455
66,303
81,183
71,200
70,620
70,62071,20081,18366,30367,45557,81556,11459,71655,05355,05355,06055,07235,00015,0165,0075,007
       Accounts payable 
77,873
62,638
102,527
87,449
114,688
111,482
117,967
108,704
87,563
51,291
61,665
67,976
51,068
68,476
83,546
108,923
108,92383,54668,47651,06867,97661,66551,29187,563108,704117,967111,482114,68887,449102,52762,63877,873
       Other Current Liabilities 
0
6,864
10,542
31,723
14,972
11,057
12,949
17,553
16,127
27,642
12,764
19,008
5,579
4,765
24,147
3,196
3,19624,1474,7655,57919,00812,76427,64216,12717,55312,94911,05714,97231,72310,5426,8640
   > Long-term Liabilities 
6,512
7,967
8,113
8,827
9,419
12,290
12,250
11,682
10,871
15,264
8,236
5,916
8,844
12,281
9,505
10,720
10,7209,50512,2818,8445,9168,23615,26410,87111,68212,25012,2909,4198,8278,1137,9676,512
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
4,335
4,363
4,392
4,843
11,206
3,974
2,861
2,313
1,875
1,552
2,668
2,6681,5521,8752,3132,8613,97411,2064,8434,3924,3634,33500000
       Long-term Liabilities Other 
1,391
1,822
1,824
2,644
3,342
1,985
2,023
1,533
3,573
1,636
1,731
560
4,071
6,491
3,961
4,095
4,0953,9616,4914,0715601,7311,6363,5731,5332,0231,9853,3422,6441,8241,8221,391
       Deferred Long Term Liability 
0
94
1,197
1,780
5,724
5,193
5,337
5,122
4,849
1,197
4,136
3,874
0
0
1,292
0
01,292003,8744,1361,1974,8495,1225,3375,1935,7241,7801,197940
> Total Stockholder Equity
848,563
860,629
860,087
881,504
917,031
938,158
931,665
934,102
913,528
898,456
882,352
854,165
806,331
798,056
787,595
778,246
778,246787,595798,056806,331854,165882,352898,456913,528934,102931,665938,158917,031881,504860,087860,629848,563
   Common Stock
0
100,000
100,000
100,000
100,000
100,000
100,344
100,344
100,344
100,344
100,344
100,344
0
0
100,344
0
0100,34400100,344100,344100,344100,344100,344100,344100,000100,000100,000100,000100,0000
   Retained Earnings 
92,890
117,065
113,071
130,998
164,481
185,418
170,861
172,177
159,053
143,982
127,878
100,691
28,030
17,242
29,248
-7,783
-7,78329,24817,24228,030100,691127,878143,982159,053172,177170,861185,418164,481130,998113,071117,06592,890
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 0000000000000000



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 (+$)
totalRevenue352,061
Cost of Revenue-226,384
Gross Profit125,676125,676
 
Operating Income (+$)
Gross Profit125,676
Operating Expense-433,626
Operating Income-81,566-307,950
 
Operating Expense (+$)
Research Development137,712
Selling General Administrative44,250
Selling And Marketing Expenses-
Operating Expense433,626181,962
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-942
Net Interest Income942
 
Pretax Income (+$)
Operating Income-81,566
Net Interest Income942
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-84,645-81,566
EBIT - interestExpense = 0
-83,495
-83,495
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--84,645
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-84,645
Tax Provision--
Net Income From Continuing Ops-84,651-84,645
Net Income-83,495
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--942
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Hangzhou Hopechart Iot Technology.

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

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

The bullish price targets are: 15.19 < 17.32 < 17.40.

The bearish price targets are: 9.7.

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Hangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-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 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

Hangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current macd is -0.2036901.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Hopechart price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Hopechart. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Hopechart price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Hangzhou Hopechart Iot Technology Daily Moving Average Convergence/Divergence (MACD) ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current adx is 20.44.

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 Hopechart 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.
Hangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current sar is 17.13.

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
Hangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current rsi is 46.21. 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
Hangzhou Hopechart Iot Technology Daily Relative Strength Index (RSI) ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
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 above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hopechart price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Hangzhou Hopechart Iot Technology Daily Stochastic Oscillator ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current cci is -101.36078571.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Hangzhou Hopechart Iot Technology Daily Commodity Channel Index (CCI) ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current cmo is -8.13071093.

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
Hangzhou Hopechart Iot Technology Daily Chande Momentum Oscillator (CMO) ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current willr is -62.59259259.

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 Hopechart is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Hangzhou Hopechart Iot Technology Daily Williams %R ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology.

Hangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current atr is 0.97393134.

Hangzhou Hopechart Iot Technology Daily Average True Range (ATR) ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current obv is 11,914,252.

Hangzhou Hopechart Iot Technology Daily On-Balance Volume (OBV) ChartHangzhou Hopechart Iot Technology 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 Hangzhou Hopechart Iot Technology. The current mfi is 60.89.

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
Hangzhou Hopechart Iot Technology Daily Money Flow Index (MFI) ChartHangzhou Hopechart Iot Technology Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hangzhou Hopechart Iot Technology.

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
2023-11-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08STOCH 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
2023-12-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14DMI 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.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 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.
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).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Hangzhou Hopechart Iot Technology Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hangzhou Hopechart Iot Technology based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.211
Ma 20Greater thanMa 5016.095
Ma 50Greater thanMa 10016.592
Ma 100Greater thanMa 20020.578
OpenGreater thanClose14.620
Total0/5 (0.0%)
Penke

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