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RiTdisplay Corp
Buy, Hold or Sell?

Let's analyse Ritdisplay together

PenkeI guess you are interested in RiTdisplay Corp. 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 RiTdisplay Corp. 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 Ritdisplay (30 sec.)










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

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
66.7%

What is your share worth?

Current worth
NT$28.83
Expected worth in 1 year
NT$24.81
How sure are you?
72.2%

+ What do you gain per year?

Total Gains per Share
NT$-3.86
Return On Investment
-11.6%

For what price can you sell your share?

Current Price per Share
NT$33.30
Expected price per share
NT$32.15 - NT$37.10
How sure are you?
50%

1. Valuation of Ritdisplay (5 min.)




Live pricePrice per Share (EOD)

NT$33.30

Intrinsic Value Per Share

NT$58.64 - NT$71.31

Total Value Per Share

NT$87.47 - NT$100.14

2. Growth of Ritdisplay (5 min.)




Is Ritdisplay growing?

Current yearPrevious yearGrowGrow %
How rich?$66.4m$74m-$3m-4.3%

How much money is Ritdisplay making?

Current yearPrevious yearGrowGrow %
Making money-$1.3m$284.6k-$1.6m-121.2%
Net Profit Margin-6.5%0.3%--

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

3. Financial Health of Ritdisplay (5 min.)




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




  Industry Rankings (Electronic Components)  


Richest
#374 / 524

Most Revenue
#365 / 524

Most Profit
#421 / 524

Most Efficient
#418 / 524

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

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

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

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

Speculation

The Price per Share of Ritdisplay is NT$33.30. 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 Ritdisplay.
  • 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 Ritdisplay, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is NT$28.83. Based on the TTM, the Book Value Change Per Share is NT$-1.01 per quarter. Based on the YOY, the Book Value Change Per Share is NT$1.43 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ritdisplay.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps-0.08-0.2%-0.02-0.1%0.000.0%0.010.0%0.010.0%
Usd Book Value Change Per Share-0.06-0.2%-0.03-0.1%0.040.1%0.050.2%0.050.2%
Usd Dividend Per Share0.000.0%0.000.0%0.070.2%0.030.1%0.030.1%
Usd Total Gains Per Share-0.06-0.2%-0.03-0.1%0.110.3%0.080.2%0.080.2%
Usd Price Per Share1.11-1.20-1.66-1.50-1.50-
Price to Earnings Ratio-3.67--9.10-27.11-18.70-18.70-
Price-to-Total Gains Ratio-18.61--105.19-16.23-29.60-29.60-
Price to Book Ratio1.23-1.25-1.67-1.69-1.69-
Price-to-Total Gains Ratio-18.61--105.19-16.23-29.60-29.60-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.04229
Number of shares959
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.03
Usd Book Value Change Per Share-0.030.05
Usd Total Gains Per Share-0.030.08
Gains per Quarter (959 shares)-29.0078.19
Gains per Year (959 shares)-116.00312.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
15-121-126120192303
29-241-242241385616
314-362-358361577929
419-483-4744827691242
524-604-5906029611555
628-724-70672311541868
733-845-82284313462181
838-966-93896415382494
943-1087-1054108417312807
1047-1207-1170120519233120

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%8.04.00.066.7%13.05.00.072.2%13.05.00.072.2%13.05.00.072.2%
Book Value Change Per Share0.04.00.00.0%6.06.00.050.0%11.07.00.061.1%11.07.00.061.1%11.07.00.061.1%
Dividend per Share1.00.03.025.0%9.00.03.075.0%12.00.06.066.7%12.00.06.066.7%12.00.06.066.7%
Total Gains per Share0.04.00.00.0%8.04.00.066.7%13.05.00.072.2%13.05.00.072.2%13.05.00.072.2%

Fundamentals of Ritdisplay

About RiTdisplay Corp

RiTdisplay Corporation engages in the research, development, and manufacturing of organic light-emitting diodes and related products in Taiwan and internationally. It also provides various flat-panel display products. The company was founded in 1997 and is based in Hsinchu, Taiwan.

Fundamental data was last updated by Penke on 2024-03-28 05:27:02.

Financial Health

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

Valuation

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

1.1. Profitability of RiTdisplay Corp.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Ritdisplay to the Electronic Components industry mean.
  • A Net Profit Margin of -26.5% means that NT$-0.26 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of RiTdisplay Corp:

  • The MRQ is -26.5%. The company is making a huge loss. -2
  • The TTM is -6.5%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-26.5%TTM-6.5%-20.0%
TTM-6.5%YOY0.3%-6.8%
TTM-6.5%5Y3.4%-9.9%
5Y3.4%10Y3.4%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-26.5%3.6%-30.1%
TTM-6.5%4.1%-10.6%
YOY0.3%5.4%-5.1%
5Y3.4%4.4%-1.0%
10Y3.4%4.8%-1.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ritdisplay to the Electronic Components industry mean.
  • -3.3% Return on Assets means that Ritdisplay generated NT$-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of RiTdisplay Corp:

  • The MRQ is -3.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.3%TTM-0.8%-2.5%
TTM-0.8%YOY0.2%-1.0%
TTM-0.8%5Y0.5%-1.3%
5Y0.5%10Y0.5%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.3%0.8%-4.1%
TTM-0.8%0.9%-1.7%
YOY0.2%1.3%-1.1%
5Y0.5%1.1%-0.6%
10Y0.5%1.1%-0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ritdisplay to the Electronic Components industry mean.
  • -9.3% Return on Equity means Ritdisplay generated NT$-0.09 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of RiTdisplay Corp:

  • The MRQ is -9.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -2.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-9.3%TTM-2.3%-7.0%
TTM-2.3%YOY0.4%-2.7%
TTM-2.3%5Y0.7%-3.0%
5Y0.7%10Y0.7%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.3%1.5%-10.8%
TTM-2.3%1.5%-3.8%
YOY0.4%2.5%-2.1%
5Y0.7%2.1%-1.4%
10Y0.7%2.1%-1.4%

1.2. Operating Efficiency of RiTdisplay Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ritdisplay is operating .

  • Measures how much profit Ritdisplay makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ritdisplay to the Electronic Components industry mean.
  • An Operating Margin of 0.0% means the company generated NT$0.00  for each NT$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of RiTdisplay Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.6%-0.6%
TTM0.6%YOY0.9%-0.4%
TTM0.6%5Y7.8%-7.2%
5Y7.8%10Y7.8%0.0%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.6%-5.6%
TTM0.6%2.1%-1.5%
YOY0.9%5.3%-4.4%
5Y7.8%5.3%+2.5%
10Y7.8%4.3%+3.5%
1.2.2. Operating Ratio

Measures how efficient Ritdisplay is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Components industry mean).
  • An Operation Ratio of 1.90 means that the operating costs are NT$1.90 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of RiTdisplay Corp:

  • The MRQ is 1.904. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.861. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.904TTM1.861+0.044
TTM1.861YOY1.853+0.007
TTM1.8615Y1.781+0.080
5Y1.78110Y1.7810.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9041.732+0.172
TTM1.8611.729+0.132
YOY1.8531.714+0.139
5Y1.7811.690+0.091
10Y1.7811.487+0.294

1.3. Liquidity of RiTdisplay Corp.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
  • A Current Ratio of 1.44 means the company has NT$1.44 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of RiTdisplay Corp:

  • The MRQ is 1.439. The company is just able to pay all its short-term debts.
  • The TTM is 1.499. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.439TTM1.499-0.060
TTM1.499YOY1.507-0.007
TTM1.4995Y1.433+0.066
5Y1.43310Y1.4330.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4391.861-0.422
TTM1.4991.846-0.347
YOY1.5071.849-0.342
5Y1.4331.890-0.457
10Y1.4331.689-0.256
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ritdisplay to the Electronic Components industry mean.
  • A Quick Ratio of 0.40 means the company can pay off NT$0.40 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of RiTdisplay Corp:

  • The MRQ is 0.397. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.527. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.397TTM0.527-0.130
TTM0.527YOY0.581-0.054
TTM0.5275Y0.489+0.038
5Y0.48910Y0.4890.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3970.773-0.376
TTM0.5270.759-0.232
YOY0.5810.809-0.228
5Y0.4890.847-0.358
10Y0.4890.882-0.393

1.4. Solvency of RiTdisplay Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ritdisplay to Electronic Components industry mean.
  • A Debt to Asset Ratio of 0.61 means that Ritdisplay assets are financed with 60.5% credit (debt) and the remaining percentage (100% - 60.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of RiTdisplay Corp:

  • The MRQ is 0.605. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.572. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.605TTM0.572+0.033
TTM0.572YOY0.521+0.051
TTM0.5725Y0.500+0.072
5Y0.50010Y0.5000.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6050.422+0.183
TTM0.5720.424+0.148
YOY0.5210.445+0.076
5Y0.5000.442+0.058
10Y0.5000.426+0.074
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ritdisplay to the Electronic Components industry mean.
  • A Debt to Equity ratio of 171.3% means that company has NT$1.71 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of RiTdisplay Corp:

  • The MRQ is 1.713. The company is just able to pay all its debts with equity.
  • The TTM is 1.477. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.713TTM1.477+0.236
TTM1.477YOY1.200+0.277
TTM1.4775Y1.083+0.394
5Y1.08310Y1.0830.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7130.748+0.965
TTM1.4770.757+0.720
YOY1.2000.824+0.376
5Y1.0830.822+0.261
10Y1.0830.804+0.279

2. Market Valuation of RiTdisplay Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Ritdisplay generates.

  • Above 15 is considered overpriced but always compare Ritdisplay to the Electronic Components industry mean.
  • A PE ratio of -3.67 means the investor is paying NT$-3.67 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of RiTdisplay Corp:

  • The EOD is -3.460. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.673. Based on the earnings, the company is expensive. -2
  • The TTM is -9.105. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.460MRQ-3.673+0.213
MRQ-3.673TTM-9.105+5.432
TTM-9.105YOY27.113-36.218
TTM-9.1055Y18.703-27.808
5Y18.70310Y18.7030.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD-3.46014.767-18.227
MRQ-3.67314.696-18.369
TTM-9.10514.600-23.705
YOY27.11312.909+14.204
5Y18.70318.612+0.091
10Y18.70323.001-4.298
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 7.829. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.311. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.215. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.829MRQ8.311-0.482
MRQ8.311TTM8.215+0.096
TTM8.215YOY-0.006+8.222
TTM8.2155Y203.545-195.330
5Y203.54510Y203.5450.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD7.8295.304+2.525
MRQ8.3115.406+2.905
TTM8.2152.989+5.226
YOY-0.0061.824-1.830
5Y203.5451.629+201.916
10Y203.5451.916+201.629
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electronic Components industry mean).
  • A PB ratio of 1.23 means the investor is paying NT$1.23 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of RiTdisplay Corp:

  • The EOD is 1.155. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.226. Based on the equity, the company is underpriced. +1
  • The TTM is 1.247. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.155MRQ1.226-0.071
MRQ1.226TTM1.247-0.021
TTM1.247YOY1.666-0.419
TTM1.2475Y1.688-0.441
5Y1.68810Y1.6880.000
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD1.1551.807-0.652
MRQ1.2261.910-0.684
TTM1.2471.949-0.702
YOY1.6661.921-0.255
5Y1.6882.147-0.459
10Y1.6882.257-0.569
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of RiTdisplay Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.899-1.006-47%1.426-233%1.602-219%1.602-219%
Book Value Per Share--28.82830.807-6%32.138-10%28.717+0%28.717+0%
Current Ratio--1.4391.499-4%1.507-4%1.433+0%1.433+0%
Debt To Asset Ratio--0.6050.572+6%0.521+16%0.500+21%0.500+21%
Debt To Equity Ratio--1.7131.477+16%1.200+43%1.083+58%1.083+58%
Dividend Per Share---0.039-100%2.191-100%1.003-100%1.003-100%
Eps---2.406-0.695-71%0.123-2049%0.172-1498%0.172-1498%
Free Cash Flow Per Share--1.0631.165-9%-3.360+416%-0.092+109%-0.092+109%
Free Cash Flow To Equity Per Share--1.0634.057-74%-0.423+140%1.0670%1.0670%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--71.314--------
Intrinsic Value_10Y_min--58.641--------
Intrinsic Value_1Y_max---0.241--------
Intrinsic Value_1Y_min---0.241--------
Intrinsic Value_3Y_max--4.905--------
Intrinsic Value_3Y_min--4.569--------
Intrinsic Value_5Y_max--16.839--------
Intrinsic Value_5Y_min--15.145--------
Market Cap2452611600.000-6%2603598200.0002824554200.000-8%3912762500.000-33%3525884911.111-26%3525884911.111-26%
Net Profit Margin---0.265-0.065-75%0.003-9465%0.034-885%0.034-885%
Operating Margin---0.006-100%0.009-100%0.078-100%0.078-100%
Operating Ratio--1.9041.861+2%1.853+3%1.781+7%1.781+7%
Pb Ratio1.155-6%1.2261.247-2%1.666-26%1.688-27%1.688-27%
Pe Ratio-3.460+6%-3.673-9.105+148%27.113-114%18.703-120%18.703-120%
Price Per Share33.300-6%35.35038.350-8%53.125-33%47.872-26%47.872-26%
Price To Free Cash Flow Ratio7.829-6%8.3118.215+1%-0.006+100%203.545-96%203.545-96%
Price To Total Gains Ratio-17.532+6%-18.611-105.192+465%16.231-215%29.596-163%29.596-163%
Quick Ratio--0.3970.527-25%0.581-32%0.489-19%0.489-19%
Return On Assets---0.033-0.008-76%0.002-1879%0.005-799%0.005-799%
Return On Equity---0.093-0.023-76%0.004-2282%0.007-1426%0.007-1426%
Total Gains Per Share---1.899-0.966-49%3.617-153%2.605-173%2.605-173%
Usd Book Value--66457318.10071020685.950-6%74087937.275-10%66201014.572+0%66201014.572+0%
Usd Book Value Change Per Share---0.059-0.031-47%0.045-233%0.050-219%0.050-219%
Usd Book Value Per Share--0.9020.964-6%1.006-10%0.899+0%0.899+0%
Usd Dividend Per Share---0.001-100%0.069-100%0.031-100%0.031-100%
Usd Eps---0.075-0.022-71%0.004-2049%0.005-1498%0.005-1498%
Usd Free Cash Flow--2451228.2002686658.975-9%-7746804.775+416%-211028.078+109%-211028.078+109%
Usd Free Cash Flow Per Share--0.0330.036-9%-0.105+416%-0.003+109%-0.003+109%
Usd Free Cash Flow To Equity Per Share--0.0330.127-74%-0.013+140%0.0330%0.0330%
Usd Market Cap76766743.080-6%81492623.66088408546.460-8%122469466.250-33%110360197.718-26%110360197.718-26%
Usd Price Per Share1.042-6%1.1061.200-8%1.663-33%1.498-26%1.498-26%
Usd Profit---5546641.700-1344327.175-76%284610.900-2049%454187.344-1321%454187.344-1321%
Usd Revenue--20957666.20021461635.325-2%19670876.250+7%16635362.256+26%16635362.256+26%
Usd Total Gains Per Share---0.059-0.030-49%0.113-153%0.082-173%0.082-173%
 EOD+4 -4MRQTTM+3 -32YOY+9 -265Y+12 -2310Y+12 -23

3.2. Fundamental Score

Let's check the fundamental score of RiTdisplay Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.460
Price to Book Ratio (EOD)Between0-11.155
Net Profit Margin (MRQ)Greater than0-0.265
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.397
Current Ratio (MRQ)Greater than11.439
Debt to Asset Ratio (MRQ)Less than10.605
Debt to Equity Ratio (MRQ)Less than11.713
Return on Equity (MRQ)Greater than0.15-0.093
Return on Assets (MRQ)Greater than0.05-0.033
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of RiTdisplay Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.004
Ma 20Greater thanMa 5033.880
Ma 50Greater thanMa 10034.381
Ma 100Greater thanMa 20034.624
OpenGreater thanClose33.600
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets5,377,987
Total Liabilities3,254,750
Total Stockholder Equity1,900,173
 As reported
Total Liabilities 3,254,750
Total Stockholder Equity+ 1,900,173
Total Assets = 5,377,987

Assets

Total Assets5,377,987
Total Current Assets2,744,820
Long-term Assets2,633,167
Total Current Assets
Cash And Cash Equivalents 1,247,886
Short-term Investments 175,037
Net Receivables 581,662
Inventory 456,654
Other Current Assets 8,894
Total Current Assets  (as reported)2,744,820
Total Current Assets  (calculated)2,470,133
+/- 274,687
Long-term Assets
Property Plant Equipment 2,231,121
Long-term Assets Other 16,458
Long-term Assets  (as reported)2,633,167
Long-term Assets  (calculated)2,247,579
+/- 385,588

Liabilities & Shareholders' Equity

Total Current Liabilities1,907,130
Long-term Liabilities1,347,620
Total Stockholder Equity1,900,173
Total Current Liabilities
Short Long Term Debt 1,180,359
Accounts payable 422,654
Other Current Liabilities 10,013
Total Current Liabilities  (as reported)1,907,130
Total Current Liabilities  (calculated)1,613,026
+/- 294,104
Long-term Liabilities
Long term Debt 1,287,265
Long-term Liabilities Other 34,279
Long-term Liabilities  (as reported)1,347,620
Long-term Liabilities  (calculated)1,321,544
+/- 26,076
Total Stockholder Equity
Retained Earnings 180,476
Total Stockholder Equity (as reported)1,900,173
Total Stockholder Equity (calculated)180,476
+/- 1,719,697
Other
Capital Stock746,517
Common Stock Shares Outstanding 73,652
Net Debt 1,219,738
Net Invested Capital 4,367,797
Net Working Capital 837,690
Property Plant and Equipment Gross 2,231,121



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-30
> Total Assets 
4,011,354
3,673,822
3,522,179
3,439,254
3,266,918
3,722,466
3,643,945
3,704,368
3,650,025
3,779,430
3,970,287
4,879,331
5,670,885
5,561,047
5,291,310
5,096,046
5,463,383
5,377,987
5,377,9875,463,3835,096,0465,291,3105,561,0475,670,8854,879,3313,970,2873,779,4303,650,0253,704,3683,643,9453,722,4663,266,9183,439,2543,522,1793,673,8224,011,354
   > Total Current Assets 
1,500,951
1,225,154
1,132,658
1,083,749
961,862
1,466,149
1,462,186
1,424,477
1,409,136
1,562,148
1,654,600
1,962,099
2,724,831
2,630,908
2,453,550
2,261,730
2,643,977
2,744,820
2,744,8202,643,9772,261,7302,453,5502,630,9082,724,8311,962,0991,654,6001,562,1481,409,1361,424,4771,462,1861,466,149961,8621,083,7491,132,6581,225,1541,500,951
       Cash And Cash Equivalents 
969,113
672,215
669,326
641,920
545,040
854,772
913,160
890,261
736,379
805,808
687,780
927,185
818,640
645,108
553,811
398,760
1,031,096
1,247,886
1,247,8861,031,096398,760553,811645,108818,640927,185687,780805,808736,379890,261913,160854,772545,040641,920669,326672,215969,113
       Short-term Investments 
42,495
34,413
69,172
47,851
55,995
170,198
155,109
143,825
189,838
187,863
198,962
279,463
289,292
189,374
193,721
187,083
214,845
175,037
175,037214,845187,083193,721189,374289,292279,463198,962187,863189,838143,825155,109170,19855,99547,85169,17234,41342,495
       Net Receivables 
323,729
350,612
286,413
284,380
263,866
323,982
295,191
276,795
360,212
302,739
479,153
353,477
847,505
894,277
808,507
734,825
620,595
581,662
581,662620,595734,825808,507894,277847,505353,477479,153302,739360,212276,795295,191323,982263,866284,380286,413350,612323,729
       Inventory 
118,027
108,423
77,502
75,154
58,034
70,805
64,468
68,007
75,794
117,883
127,919
221,607
521,137
707,797
701,035
696,698
593,212
456,654
456,654593,212696,698701,035707,797521,137221,607127,919117,88375,79468,00764,46870,80558,03475,15477,502108,423118,027
       Other Current Assets 
461
852
639
473
5,564
5,280
414
1,255
2,007
3,314
879
44,960
77,919
24,456
44,251
12,664
58,953
8,894
8,89458,95312,66444,25124,45677,91944,9608793,3142,0071,2554145,2805,564473639852461
   > Long-term Assets 
2,510,403
2,448,668
2,389,521
2,355,505
2,305,056
2,256,317
2,181,759
2,279,891
2,240,889
2,217,282
2,315,687
2,917,232
2,946,054
2,930,139
2,837,760
2,834,316
2,819,406
2,633,167
2,633,1672,819,4062,834,3162,837,7602,930,1392,946,0542,917,2322,315,6872,217,2822,240,8892,279,8912,181,7592,256,3172,305,0562,355,5052,389,5212,448,6682,510,403
       Property Plant Equipment 
1,755,666
1,746,826
1,719,325
1,659,098
1,625,922
1,600,729
1,581,951
1,547,198
1,524,989
1,509,616
1,485,580
2,172,990
2,267,063
2,284,242
2,253,666
2,219,298
2,233,439
2,231,121
2,231,1212,233,4392,219,2982,253,6662,284,2422,267,0632,172,9901,485,5801,509,6161,524,9891,547,1981,581,9511,600,7291,625,9221,659,0981,719,3251,746,8261,755,666
       Other Assets 
639,429
617,589
590,192
620,499
610,194
593,170
544,170
544,863
532,229
526,135
649,109
499,300
548,185
512,334
475,700
0
484,329
0
0484,3290475,700512,334548,185499,300649,109526,135532,229544,863544,170593,170610,194620,499590,192617,589639,429
> Total Liabilities 
2,151,640
1,792,885
1,683,130
1,594,778
1,374,470
1,735,757
1,649,955
1,628,125
1,496,249
1,780,134
1,679,309
2,542,300
3,250,266
3,141,568
2,893,026
2,804,570
3,200,254
3,254,750
3,254,7503,200,2542,804,5702,893,0263,141,5683,250,2662,542,3001,679,3091,780,1341,496,2491,628,1251,649,9551,735,7571,374,4701,594,7781,683,1301,792,8852,151,640
   > Total Current Liabilities 
1,182,508
933,353
892,881
926,590
770,912
982,059
901,405
923,527
903,847
1,206,680
1,381,915
1,066,286
1,796,569
1,787,011
1,589,070
1,610,858
1,642,444
1,907,130
1,907,1301,642,4441,610,8581,589,0701,787,0111,796,5691,066,2861,381,9151,206,680903,847923,527901,405982,059770,912926,590892,881933,3531,182,508
       Short Long Term Debt 
420,215
365,033
406,596
498,716
278,975
475,591
357,853
451,516
380,805
208,002
531,700
291,900
632,560
817,240
726,614
622,391
781,057
1,180,359
1,180,359781,057622,391726,614817,240632,560291,900531,700208,002380,805451,516357,853475,591278,975498,716406,596365,033420,215
       Accounts payable 
325,905
371,861
336,163
319,068
360,126
389,561
409,561
365,049
391,073
421,875
452,131
344,698
576,975
636,428
644,856
593,085
466,294
422,654
422,654466,294593,085644,856636,428576,975344,698452,131421,875391,073365,049409,561389,561360,126319,068336,163371,861325,905
       Other Current Liabilities 
22,718
26,552
139,649
104,325
135,663
120,759
133,991
110,814
135,821
341,410
158,839
202,181
374,884
332,870
217,600
14,508
395,093
10,013
10,013395,09314,508217,600332,870374,884202,181158,839341,410135,821110,814133,991120,759135,663104,325139,64926,55222,718
   > Long-term Liabilities 
969,132
859,532
790,249
668,188
603,558
753,698
748,550
704,598
592,402
573,454
297,394
1,476,014
1,453,697
1,354,557
1,303,956
1,193,712
1,557,810
1,347,620
1,347,6201,557,8101,193,7121,303,9561,354,5571,453,6971,476,014297,394573,454592,402704,598748,550753,698603,558668,188790,249859,532969,132
       Long term Debt 
922,102
813,175
730,965
610,095
546,080
695,587
690,794
647,692
535,498
515,884
243,125
1,411,574
1,378,381
1,262,574
1,248,359
1,139,066
1,503,340
1,287,265
1,287,2651,503,3401,139,0661,248,3591,262,5741,378,3811,411,574243,125515,884535,498647,692690,794695,587546,080610,095730,965813,175922,102
       Capital Lease Obligations Min Short Term Debt
10,595
8,850
7,098
5,336
0
0
0
0
0
0
0
0
945
473
0
0
0
0
0000473945000000005,3367,0988,85010,595
       Other Liabilities 
43,464
44,570
59,284
58,093
57,478
58,111
57,756
56,906
56,904
57,570
54,269
64,440
75,316
91,983
55,597
0
47,957
0
047,957055,59791,98375,31664,44054,26957,57056,90456,90657,75658,11157,47858,09359,28444,57043,464
       Long-term Liabilities Other 
43,379
44,485
59,199
58,008
57,393
56,556
56,878
55,975
56,275
57,140
54,269
57,174
58,190
59,155
32,999
33,419
33,841
34,279
34,27933,84133,41932,99959,15558,19057,17454,26957,14056,27555,97556,87856,55657,39358,00859,19944,48543,379
> Total Stockholder Equity
1,846,410
1,869,501
1,826,135
1,830,083
1,877,809
1,972,487
1,964,927
2,047,046
2,109,088
1,948,362
2,240,050
2,287,401
2,172,269
2,180,620
2,199,290
2,099,129
2,075,214
1,900,173
1,900,1732,075,2142,099,1292,199,2902,180,6202,172,2692,287,4012,240,0501,948,3622,109,0882,047,0461,964,9271,972,4871,877,8091,830,0831,826,1351,869,5011,846,410
   Common Stock
676,301
676,301
676,301
676,301
676,301
676,301
676,301
676,320
678,920
680,090
680,090
737,982
746,306
746,517
746,517
0
746,517
0
0746,5170746,517746,517746,306737,982680,090680,090678,920676,320676,301676,301676,301676,301676,301676,301676,301
   Retained Earnings 
497,409
527,143
599,698
605,108
650,954
732,303
775,788
842,937
900,606
742,372
769,082
737,762
623,408
630,697
650,485
382,491
527,202
180,476
180,476527,202382,491650,485630,697623,408737,762769,082742,372900,606842,937775,788732,303650,954605,108599,698527,143497,409
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
2,597
-5,460
-2,854
-4,316
-2,436
-5,977
-5,687
-520
-3,233
-5,192
51,942
2,628
-7,236
-5,830
853,774
0
-6,126
0
0-6,1260853,774-5,830-7,2362,62851,942-5,192-3,233-520-5,687-5,977-2,436-4,316-2,854-5,4602,597



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue2,742,701
Cost of Revenue-2,377,838
Gross Profit364,863364,863
 
Operating Income (+$)
Gross Profit364,863
Operating Expense-2,715,043
Operating Income27,658-2,350,180
 
Operating Expense (+$)
Research Development123,622
Selling General Administrative213,583
Selling And Marketing Expenses-
Operating Expense2,715,043337,205
 
Net Interest Income (+$)
Interest Income9,980
Interest Expense-45,414
Other Finance Cost-0
Net Interest Income-35,434
 
Pretax Income (+$)
Operating Income27,658
Net Interest Income-35,434
Other Non-Operating Income Expenses-
Income Before Tax (EBT)72,70227,658
EBIT - interestExpense = -45,414
-171,799
-126,385
Interest Expense45,414
Earnings Before Interest and Taxes (EBIT)-118,116
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax72,702
Tax Provision-215,677
Net Income From Continuing Ops-142,975-142,975
Net Income-171,799
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-35,434
 

Technical Analysis of Ritdisplay
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 Ritdisplay. The general trend of Ritdisplay 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 Ritdisplay'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 RiTdisplay Corp.

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: 36.28 < 36.96 < 37.10.

The bearish price targets are: 32.50 > 32.15 > 32.15.

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RiTdisplay Corp 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 RiTdisplay Corp. 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

RiTdisplay Corp 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 RiTdisplay Corp. The current macd is -0.29584529.

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 Ritdisplay price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ritdisplay. 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 Ritdisplay 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
RiTdisplay Corp Daily Moving Average Convergence/Divergence (MACD) ChartRiTdisplay Corp 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 RiTdisplay Corp. The current adx is 12.77.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ritdisplay shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
RiTdisplay Corp 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 RiTdisplay Corp. The current sar is 36.47.

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
RiTdisplay Corp 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 RiTdisplay Corp. The current rsi is 45.00. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
RiTdisplay Corp Daily Relative Strength Index (RSI) ChartRiTdisplay Corp 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 RiTdisplay Corp. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-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 Ritdisplay price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
RiTdisplay Corp Daily Stochastic Oscillator ChartRiTdisplay Corp 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 RiTdisplay Corp. The current cci is -48.44290657.

RiTdisplay Corp Daily Commodity Channel Index (CCI) ChartRiTdisplay Corp 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 RiTdisplay Corp. The current cmo is -12.30606784.

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
RiTdisplay Corp Daily Chande Momentum Oscillator (CMO) ChartRiTdisplay Corp 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 RiTdisplay Corp. The current willr is -68.

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 Ritdisplay is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
RiTdisplay Corp Daily Williams %R ChartRiTdisplay Corp 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 RiTdisplay Corp.

RiTdisplay Corp 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 RiTdisplay Corp. The current atr is 0.86734485.

RiTdisplay Corp Daily Average True Range (ATR) ChartRiTdisplay Corp 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 RiTdisplay Corp. The current obv is -4,302,879.

RiTdisplay Corp Daily On-Balance Volume (OBV) ChartRiTdisplay Corp 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 RiTdisplay Corp. The current mfi is 31.51.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
RiTdisplay Corp Daily Money Flow Index (MFI) ChartRiTdisplay Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for RiTdisplay Corp.

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
2023-11-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13STOCH 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
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-25DMI 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
2023-12-26DMI 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.
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-09DMI 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
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH 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).
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19DMI 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.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23DMI 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
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH 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).
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-08STOCH 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

RiTdisplay Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of RiTdisplay Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.004
Ma 20Greater thanMa 5033.880
Ma 50Greater thanMa 10034.381
Ma 100Greater thanMa 20034.624
OpenGreater thanClose33.600
Total1/5 (20.0%)
Penke

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