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Millennium Pacific Group Holdings Ltd
Buy, Hold or Sell?

Let's analyse Millennium Pacific Group Holdings Ltd together

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

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

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

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Quick analysis of Millennium Pacific Group Holdings Ltd (30 sec.)










What can you expect buying and holding a share of Millennium Pacific Group Holdings Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
HK$0.02
Expected worth in 1 year
HK$0.00
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.02
Return On Investment
-7.9%

For what price can you sell your share?

Current Price per Share
HK$0.23
Expected price per share
HK$0.205 - HK$0.27
How sure are you?
50%

1. Valuation of Millennium Pacific Group Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.23

Intrinsic Value Per Share

HK$0.08 - HK$0.40

Total Value Per Share

HK$0.09 - HK$0.42

2. Growth of Millennium Pacific Group Holdings Ltd (5 min.)




Is Millennium Pacific Group Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$206.3k$2.6m-$2.4m-1,185.5%

How much money is Millennium Pacific Group Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.3m-$2.8m$538.8k22.9%
Net Profit Margin-28.0%-27.4%--

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

3. Financial Health of Millennium Pacific Group Holdings Ltd (5 min.)




4. Comparing to competitors in the Consumer Electronics industry (5 min.)




  Industry Rankings (Consumer Electronics)  


Richest
#123 / 130

Most Revenue
#108 / 130

Most Profit
#97 / 130

Most Efficient
#111 / 130

What can you expect buying and holding a share of Millennium Pacific Group Holdings Ltd? (5 min.)

Welcome investor! Millennium Pacific Group Holdings Ltd's management wants to use your money to grow the business. In return you get a share of Millennium Pacific Group Holdings Ltd.

What can you expect buying and holding a share of Millennium Pacific Group Holdings Ltd?

First you should know what it really means to hold a share of Millennium Pacific Group Holdings Ltd. And how you can make/lose money.

Speculation

The Price per Share of Millennium Pacific Group Holdings Ltd is HK$0.227. 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 Millennium Pacific Group Holdings Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$0.02. Based on the TTM, the Book Value Change Per Share is HK$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.02 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 HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Millennium Pacific Group Holdings Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps-0.02-10.0%-0.02-10.0%0.00-1.2%-0.01-3.0%0.00-2.2%
Usd Book Value Change Per Share0.00-0.3%0.00-0.3%0.00-1.2%0.000.0%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.3%0.00-0.3%0.00-1.2%0.000.0%0.000.1%
Usd Price Per Share0.00-0.00-0.01-0.01-0.26-
Price to Earnings Ratio-0.17--0.17--2.65--18.41--631.31-
Price-to-Total Gains Ratio-6.93--6.93--2.77--5.09-32.32-
Price to Book Ratio1.98-1.98-2.88-2.79-20.81-
Price-to-Total Gains Ratio-6.93--6.93--2.77--5.09-32.32-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0290106
Number of shares34470
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (34470 shares)-19.711.24
Gains per Year (34470 shares)-78.834.96
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-79-8905-5
20-158-1680100
30-236-2470155
40-315-32602010
50-394-40502515
60-473-48403020
70-552-56303525
80-631-64204030
90-709-72104535
100-788-80005040

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 Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%1.09.00.010.0%1.09.00.010.0%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%4.06.00.040.0%4.06.00.040.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%4.06.00.040.0%4.06.00.040.0%

Fundamentals of Millennium Pacific Group Holdings Ltd

About Millennium Pacific Group Holdings Ltd

Millennium Pacific Group Holdings Limited, an investment holding company, engages in the research, development, manufacture, and sale of consumer electronic devices in the People's Republic of China and Hong Kong. The company offers fitness bracelets; and provides online information and digital marketing services. It is also involved in the trading of electronic devices; and development and sale of software application. In addition, the company provides design, prototyping/sampling, manufacturing, assembling, and packaging services to customers' products. The company was incorporated in 2013 and is headquartered in Tsim Sha Tsui, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-28 05:42:02.

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 unable 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 just able to pay all its debts by selling its assets.
The company is unable 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 Millennium Pacific Group Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Millennium Pacific Group Holdings Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Millennium Pacific Group Holdings Ltd to the Consumer Electronics industry mean.
  • A Net Profit Margin of -28.0% means that $-0.28 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is -28.0%. The company is making a huge loss. -2
  • The TTM is -28.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-28.0%TTM-28.0%0.0%
TTM-28.0%YOY-27.4%-0.6%
TTM-28.0%5Y-23.0%-5.0%
5Y-23.0%10Y-25.4%+2.4%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-28.0%1.9%-29.9%
TTM-28.0%1.5%-29.5%
YOY-27.4%2.6%-30.0%
5Y-23.0%2.3%-25.3%
10Y-25.4%2.5%-27.9%
1.1.2. Return on Assets

Shows how efficient Millennium Pacific Group Holdings Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Millennium Pacific Group Holdings Ltd to the Consumer Electronics industry mean.
  • -47.5% Return on Assets means that Millennium Pacific Group Holdings Ltd generated $-0.47 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is -47.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -47.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-47.5%TTM-47.5%0.0%
TTM-47.5%YOY-23.3%-24.2%
TTM-47.5%5Y-33.2%-14.3%
5Y-33.2%10Y-45.3%+12.1%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-47.5%0.6%-48.1%
TTM-47.5%0.5%-48.0%
YOY-23.3%0.7%-24.0%
5Y-33.2%0.8%-34.0%
10Y-45.3%0.8%-46.1%
1.1.3. Return on Equity

Shows how efficient Millennium Pacific Group Holdings Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Millennium Pacific Group Holdings Ltd to the Consumer Electronics industry mean.
  • -1,137.9% Return on Equity means Millennium Pacific Group Holdings Ltd generated $-11.38 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is -1,137.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1,137.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1,137.9%TTM-1,137.9%0.0%
TTM-1,137.9%YOY-108.8%-1,029.1%
TTM-1,137.9%5Y-417.6%-720.3%
5Y-417.6%10Y-318.8%-98.8%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,137.9%1.4%-1,139.3%
TTM-1,137.9%1.0%-1,138.9%
YOY-108.8%1.8%-110.6%
5Y-417.6%2.0%-419.6%
10Y-318.8%2.1%-320.9%

1.2. Operating Efficiency of Millennium Pacific Group Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Millennium Pacific Group Holdings Ltd is operating .

  • Measures how much profit Millennium Pacific Group Holdings Ltd 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 Millennium Pacific Group Holdings Ltd to the Consumer Electronics industry mean.
  • An Operating Margin of -15.7% means the company generated $-0.16  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is -15.7%. The company is operating very inefficient. -2
  • The TTM is -15.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-15.7%TTM-15.7%0.0%
TTM-15.7%YOY-12.5%-3.2%
TTM-15.7%5Y-18.4%+2.8%
5Y-18.4%10Y-23.2%+4.8%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.7%1.3%-17.0%
TTM-15.7%1.4%-17.1%
YOY-12.5%3.7%-16.2%
5Y-18.4%2.9%-21.3%
10Y-23.2%2.6%-25.8%
1.2.2. Operating Ratio

Measures how efficient Millennium Pacific Group Holdings Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • An Operation Ratio of 2.11 means that the operating costs are $2.11 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is 2.106. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.106. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.106TTM2.1060.000
TTM2.106YOY2.071+0.036
TTM2.1065Y1.757+0.350
5Y1.75710Y1.518+0.239
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1061.642+0.464
TTM2.1061.650+0.456
YOY2.0711.641+0.430
5Y1.7571.600+0.157
10Y1.5181.375+0.143

1.3. Liquidity of Millennium Pacific Group Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Millennium Pacific Group Holdings Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Consumer Electronics industry mean).
  • A Current Ratio of 0.67 means the company has $0.67 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is 0.668. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.668. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.668TTM0.6680.000
TTM0.668YOY1.324-0.656
TTM0.6685Y1.036-0.368
5Y1.03610Y1.526-0.490
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6681.615-0.947
TTM0.6681.594-0.926
YOY1.3241.551-0.227
5Y1.0361.673-0.637
10Y1.5261.580-0.054
1.3.2. Quick Ratio

Measures if Millennium Pacific Group Holdings Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Millennium Pacific Group Holdings Ltd to the Consumer Electronics industry mean.
  • A Quick Ratio of 0.63 means the company can pay off $0.63 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is 0.634. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.634. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.634TTM0.6340.000
TTM0.634YOY1.078-0.444
TTM0.6345Y0.814-0.181
5Y0.81410Y0.838-0.024
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6340.693-0.059
TTM0.6340.644-0.010
YOY1.0780.724+0.354
5Y0.8140.786+0.028
10Y0.8380.802+0.036

1.4. Solvency of Millennium Pacific Group Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Millennium Pacific Group Holdings Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Millennium Pacific Group Holdings Ltd to Consumer Electronics industry mean.
  • A Debt to Asset Ratio of 0.96 means that Millennium Pacific Group Holdings Ltd assets are financed with 95.8% credit (debt) and the remaining percentage (100% - 95.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is 0.958. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.958. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.958TTM0.9580.000
TTM0.958YOY0.786+0.172
TTM0.9585Y0.746+0.212
5Y0.74610Y0.664+0.082
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9580.501+0.457
TTM0.9580.500+0.458
YOY0.7860.518+0.268
5Y0.7460.510+0.236
10Y0.6640.530+0.134
1.4.2. Debt to Equity Ratio

Measures if Millennium Pacific Group Holdings Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Millennium Pacific Group Holdings Ltd to the Consumer Electronics industry mean.
  • A Debt to Equity ratio of 2,297.6% means that company has $22.98 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The MRQ is 22.976. The company is unable to pay all its debts with equity. -1
  • The TTM is 22.976. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ22.976TTM22.9760.000
TTM22.976YOY3.675+19.301
TTM22.9765Y7.761+15.215
5Y7.76110Y4.637+3.125
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ22.9760.986+21.990
TTM22.9760.974+22.002
YOY3.6751.079+2.596
5Y7.7611.073+6.688
10Y4.6371.069+3.568

2. Market Valuation of Millennium Pacific Group Holdings Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Millennium Pacific Group Holdings Ltd generates.

  • Above 15 is considered overpriced but always compare Millennium Pacific Group Holdings Ltd to the Consumer Electronics industry mean.
  • A PE ratio of -0.17 means the investor is paying $-0.17 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The EOD is -1.273. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.174. Based on the earnings, the company is expensive. -2
  • The TTM is -0.174. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.273MRQ-0.174-1.099
MRQ-0.174TTM-0.1740.000
TTM-0.174YOY-2.646+2.472
TTM-0.1745Y-18.415+18.241
5Y-18.41510Y-631.307+612.893
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD-1.2737.974-9.247
MRQ-0.1748.105-8.279
TTM-0.1747.152-7.326
YOY-2.6469.948-12.594
5Y-18.41512.213-30.628
10Y-631.30721.696-653.003
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The EOD is 61.251. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 8.365. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.365. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD61.251MRQ8.365+52.886
MRQ8.365TTM8.3650.000
TTM8.365YOY13.335-4.971
TTM8.3655Y2.269+6.096
5Y2.26910Y-121.349+123.618
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD61.2513.965+57.286
MRQ8.3653.362+5.003
TTM8.3650.075+8.290
YOY13.3350.726+12.609
5Y2.2690.894+1.375
10Y-121.3491.202-122.551
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Millennium Pacific Group Holdings Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • A PB ratio of 1.98 means the investor is paying $1.98 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Millennium Pacific Group Holdings Ltd:

  • The EOD is 14.488. Based on the equity, the company is expensive. -2
  • The MRQ is 1.979. Based on the equity, the company is underpriced. +1
  • The TTM is 1.979. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD14.488MRQ1.979+12.509
MRQ1.979TTM1.9790.000
TTM1.979YOY2.880-0.901
TTM1.9795Y2.788-0.809
5Y2.78810Y20.812-18.024
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD14.4881.601+12.887
MRQ1.9791.606+0.373
TTM1.9791.614+0.365
YOY2.8801.780+1.100
5Y2.7881.970+0.818
10Y20.8122.561+18.251
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Millennium Pacific Group Holdings Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.004-0.0040%-0.021+367%0.000-1690%0.002-386%
Book Value Per Share--0.0160.0160%0.020-22%0.026-40%0.041-62%
Current Ratio--0.6680.6680%1.324-50%1.036-36%1.526-56%
Debt To Asset Ratio--0.9580.9580%0.786+22%0.746+28%0.664+44%
Debt To Equity Ratio--22.97622.9760%3.675+525%7.761+196%4.637+396%
Dividend Per Share----0%-0%-0%-0%
Eps---0.178-0.1780%-0.022-88%-0.054-70%-0.039-78%
Free Cash Flow Per Share--0.0040.0040%0.004-15%-0.012+415%-0.018+594%
Free Cash Flow To Equity Per Share---0.008-0.0080%0.001-689%-0.009+11%-0.004-54%
Gross Profit Margin--1.0001.0000%1.0000%1.049-5%1.189-16%
Intrinsic Value_10Y_max--0.402--------
Intrinsic Value_10Y_min--0.078--------
Intrinsic Value_1Y_max--0.008--------
Intrinsic Value_1Y_min---0.007--------
Intrinsic Value_3Y_max--0.049--------
Intrinsic Value_3Y_min---0.008--------
Intrinsic Value_5Y_max--0.119--------
Intrinsic Value_5Y_min--0.005--------
Market Cap23397798.000+86%3195294.0003195294.0000%59782860.260-95%47457269.780-93%1119215902.850-100%
Net Profit Margin---0.280-0.2800%-0.274-2%-0.230-18%-0.254-9%
Operating Margin---0.157-0.1570%-0.125-20%-0.184+18%-0.232+48%
Operating Ratio--2.1062.1060%2.071+2%1.757+20%1.518+39%
Pb Ratio14.488+86%1.9791.9790%2.880-31%2.788-29%20.812-90%
Pe Ratio-1.273-632%-0.174-0.1740%-2.646+1422%-18.415+10491%-631.307+362982%
Price Per Share0.227+86%0.0310.0310%0.058-47%0.057-46%2.001-98%
Price To Free Cash Flow Ratio61.251+86%8.3658.3650%13.335-37%2.269+269%-121.349+1551%
Price To Total Gains Ratio-50.743-632%-6.930-6.9300%-2.774-60%-5.092-27%32.317-121%
Quick Ratio--0.6340.6340%1.078-41%0.814-22%0.838-24%
Return On Assets---0.475-0.4750%-0.233-51%-0.332-30%-0.453-5%
Return On Equity---11.379-11.3790%-1.088-90%-4.176-63%-3.188-72%
Total Gains Per Share---0.004-0.0040%-0.021+367%0.000-1690%0.002-386%
Usd Book Value--206397.000206397.0000%2653255.800-92%2836444.320-93%3412183.320-94%
Usd Book Value Change Per Share---0.001-0.0010%-0.003+367%0.000-1690%0.000-386%
Usd Book Value Per Share--0.0020.0020%0.003-22%0.003-40%0.005-62%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.023-0.0230%-0.003-88%-0.007-70%-0.005-78%
Usd Free Cash Flow--48819.60048819.6000%572927.400-91%-1267673.760+2697%-1623635.100+3426%
Usd Free Cash Flow Per Share--0.0000.0000%0.001-15%-0.001+415%-0.002+594%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.000-689%-0.001+11%0.000-54%
Usd Market Cap2990238.584+86%408358.573408358.5730%7640249.541-95%6065039.078-93%143035792.384-100%
Usd Price Per Share0.029+86%0.0040.0040%0.007-47%0.007-46%0.256-98%
Usd Profit---2348580.600-2348580.6000%-2887385.400+23%-2382805.440+1%-2298380.760-2%
Usd Revenue--8390581.2008390581.2000%10547717.400-20%16516130.760-49%18703875.060-55%
Usd Total Gains Per Share---0.001-0.0010%-0.003+367%0.000-1690%0.000-386%
 EOD+4 -4MRQTTM+0 -0YOY+8 -255Y+9 -2510Y+6 -28

3.2. Fundamental Score

Let's check the fundamental score of Millennium Pacific Group Holdings Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.273
Price to Book Ratio (EOD)Between0-114.488
Net Profit Margin (MRQ)Greater than0-0.280
Operating Margin (MRQ)Greater than0-0.157
Quick Ratio (MRQ)Greater than10.634
Current Ratio (MRQ)Greater than10.668
Debt to Asset Ratio (MRQ)Less than10.958
Debt to Equity Ratio (MRQ)Less than122.976
Return on Equity (MRQ)Greater than0.15-11.379
Return on Assets (MRQ)Greater than0.05-0.475
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of Millennium Pacific Group Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5083.229
Ma 20Greater thanMa 500.199
Ma 50Greater thanMa 1000.198
Ma 100Greater thanMa 2000.185
OpenGreater thanClose0.216
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Other Stockholders Equity  50,778-46,7354,0432,1516,194-9595,235-5,269-34



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets38,721
Total Liabilities37,106
Total Stockholder Equity1,615
 As reported
Total Liabilities 37,106
Total Stockholder Equity+ 1,615
Total Assets = 38,721

Assets

Total Assets38,721
Total Current Assets24,759
Long-term Assets13,962
Total Current Assets
Cash And Cash Equivalents 1,655
Net Receivables 21,841
Other Current Assets 135
Total Current Assets  (as reported)24,759
Total Current Assets  (calculated)23,631
+/- 1,128
Long-term Assets
Property Plant Equipment 56
Long-term Assets  (as reported)13,962
Long-term Assets  (calculated)56
+/- 13,906

Liabilities & Shareholders' Equity

Total Current Liabilities37,081
Long-term Liabilities561
Total Stockholder Equity1,615
Total Current Liabilities
Short-term Debt 20,577
Short Long Term Debt 20,577
Accounts payable 551
Other Current Liabilities 14,438
Total Current Liabilities  (as reported)37,081
Total Current Liabilities  (calculated)56,143
+/- 19,062
Long-term Liabilities
Long term Debt Total 561
Long-term Liabilities  (as reported)561
Long-term Liabilities  (calculated)561
+/-0
Total Stockholder Equity
Common Stock1,649
Retained Earnings -115,149
Capital Surplus 110,537
Total Stockholder Equity (as reported)1,615
Total Stockholder Equity (calculated)-2,963
+/- 4,578
Other
Capital Stock1,649
Cash and Short Term Investments 1,655
Common Stock Shares Outstanding 103,074
Liabilities and Stockholders Equity 38,721
Net Debt 18,922
Net Invested Capital 22,192
Net Tangible Assets 1,615
Net Working Capital -12,322
Property Plant and Equipment Gross 3,442



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
85,495
102,364
72,265
20,743
55,471
48,087
113,294
78,879
97,059
38,721
38,72197,05978,879113,29448,08755,47120,74372,265102,36485,495
   > Total Current Assets 
78,539
96,752
67,254
16,853
55,420
36,687
81,215
43,163
69,933
24,759
24,75969,93343,16381,21536,68755,42016,85367,25496,75278,539
       Cash And Cash Equivalents 
18,312
54,272
32,985
7,212
21,298
2,025
1,465
1,261
2,608
1,655
1,6552,6081,2611,4652,02521,2987,21232,98554,27218,312
       Net Receivables 
0
0
5,927
4,631
31,783
23,688
70,097
26,315
54,330
21,841
21,84154,33026,31570,09723,68831,7834,6315,92700
       Inventory 
25,797
15,778
22,734
3,044
260
366
601
1,560
3,214
0
03,2141,5606013662603,04422,73415,77825,797
   > Long-term Assets 
0
0
0
3,890
51
11,400
32,079
35,716
27,126
13,962
13,96227,12635,71632,07911,400513,890000
       Property Plant Equipment 
6,956
5,612
4,792
3,890
51
1,350
1,685
3,751
4,409
56
564,4093,7511,6851,350513,8904,7925,6126,956
       Intangible Assets 
0
0
219
0
0
0
0
0
0
0
000000021900
> Total Liabilities 
58,809
37,173
24,052
14,612
45,670
42,409
72,691
36,564
76,298
37,106
37,10676,29836,56472,69142,40945,67014,61224,05237,17358,809
   > Total Current Liabilities 
58,462
36,973
24,010
8,801
39,463
42,409
72,691
35,841
52,837
37,081
37,08152,83735,84172,69142,40939,4638,80124,01036,97358,462
       Short-term Debt 
0
0
0
50
0
0
18,934
21,132
0
20,577
20,577021,13218,9340050000
       Short Long Term Debt 
0
0
0
50
0
0
18,934
21,132
0
20,577
20,577021,13218,9340050000
       Accounts payable 
0
0
0
1,687
29,536
17,596
45,668
912
35,021
551
55135,02191245,66817,59629,5361,687000
       Other Current Liabilities 
0
0
0
1,866
6,888
20,666
3,493
6,276
15,687
14,438
14,43815,6876,2763,49320,6666,8881,866000
   > Long-term Liabilities 
0
0
0
5,811
6,207
0
0
723
20,886
561
56120,886723006,2075,811000
       Long term Debt Total 
0
0
42
0
0
0
0
723
20,886
561
56120,88672300004200
> Total Stockholder Equity
0
0
48,213
6,131
9,764
4,527
38,658
40,326
20,761
1,615
1,61520,76140,32638,6584,5279,7646,13148,21300
   Common Stock
0
0
1,046
1,046
1,100
1,111
1,427
1,649
1,649
1,649
1,6491,6491,6491,4271,1111,1001,0461,04600
   Retained Earnings -115,149-96,660-78,054-64,154-119,772-83,479-49,814-6,037-11,489-13,472
   Capital Surplus 
0
0
38,747
38,747
0
71,644
97,342
110,537
110,537
110,537
110,537110,537110,53797,34271,644038,74738,74700
   Treasury Stock0000000000
   Other Stockholders Equity 
0
0
974
15,386
28,750
50,778
4,043
6,194
5,235
-34
-345,2356,1944,04350,77828,75015,38697400



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue47,017
Cost of Revenue-44,767
Gross Profit2,2502,250
 
Operating Income (+$)
Gross Profit2,250
Operating Expense-55,461
Operating Income-8,444-53,211
 
Operating Expense (+$)
Research Development-
Selling General Administrative11,892
Selling And Marketing Expenses-
Operating Expense55,46111,892
 
Net Interest Income (+$)
Interest Income-
Interest Expense-2,018
Other Finance Cost-3
Net Interest Income-2,015
 
Pretax Income (+$)
Operating Income-8,444
Net Interest Income-2,015
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-17,769-8,444
EBIT - interestExpense = -2,018
-15,639
-13,621
Interest Expense2,018
Earnings Before Interest and Taxes (EBIT)--15,751
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-17,769
Tax Provision-0
Net Income From Continuing Ops-17,769-17,769
Net Income-15,639
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-2,015
 

Technical Analysis of Millennium Pacific Group Holdings Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Millennium Pacific Group Holdings Ltd. The general trend of Millennium Pacific Group Holdings Ltd is BULLISH with 85.7% 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 Millennium Pacific Group Holdings Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
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 Millennium Pacific Group Holdings Ltd.

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

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

The bullish price targets are: 0.26 < 0.26 < 0.27.

The bearish price targets are: 0.205 > 0.205 > 0.205.

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Millennium Pacific Group Holdings Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Millennium Pacific Group Holdings Ltd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

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

Directionalities and relatives.

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

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

Millennium Pacific Group Holdings Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Millennium Pacific Group Holdings Ltd. The current macd is 0.00623534.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Millennium Pacific Group Holdings Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Millennium Pacific Group Holdings Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Millennium Pacific Group Holdings Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Millennium Pacific Group Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMillennium Pacific Group Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Millennium Pacific Group Holdings Ltd. The current adx is 31.20.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Millennium Pacific Group Holdings Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Millennium Pacific Group Holdings Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Millennium Pacific Group Holdings Ltd. The current sar is 0.19840415.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Millennium Pacific Group Holdings Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Millennium Pacific Group Holdings Ltd. The current rsi is 83.23. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Millennium Pacific Group Holdings Ltd Daily Relative Strength Index (RSI) ChartMillennium Pacific Group Holdings Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Millennium Pacific Group Holdings Ltd. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Millennium Pacific Group Holdings Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Millennium Pacific Group Holdings Ltd Daily Stochastic Oscillator ChartMillennium Pacific Group Holdings Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Millennium Pacific Group Holdings Ltd. The current cci is 217.91.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Millennium Pacific Group Holdings Ltd Daily Commodity Channel Index (CCI) ChartMillennium Pacific Group Holdings Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Millennium Pacific Group Holdings Ltd. The current cmo is 75.43.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Millennium Pacific Group Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartMillennium Pacific Group Holdings Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Millennium Pacific Group Holdings Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Millennium Pacific Group Holdings Ltd Daily Williams %R ChartMillennium Pacific Group Holdings Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Millennium Pacific Group Holdings Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Millennium Pacific Group Holdings Ltd. The current atr is 0.00528905.

Millennium Pacific Group Holdings Ltd Daily Average True Range (ATR) ChartMillennium Pacific Group Holdings Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Millennium Pacific Group Holdings Ltd. The current obv is 159,609,787.

Millennium Pacific Group Holdings Ltd Daily On-Balance Volume (OBV) ChartMillennium Pacific Group Holdings Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Millennium Pacific Group Holdings Ltd. The current mfi is 71.81.

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
Millennium Pacific Group Holdings Ltd Daily Money Flow Index (MFI) ChartMillennium Pacific Group Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Millennium Pacific Group Holdings Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07DMI 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
2024-02-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18STOCH 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).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-03-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Millennium Pacific Group Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Millennium Pacific Group Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5083.229
Ma 20Greater thanMa 500.199
Ma 50Greater thanMa 1000.198
Ma 100Greater thanMa 2000.185
OpenGreater thanClose0.216
Total4/5 (80.0%)
Penke

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