25 XP   0   0   10

Chongqing Rural Commercial Bank Co Ltd ADR
Buy, Hold or Sell?

Let's analyse Chongqing Rural Commercial Bank Co Ltd ADR together

PenkeI guess you are interested in Chongqing Rural Commercial Bank Co Ltd ADR. 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 Chongqing Rural Commercial Bank Co Ltd ADR. 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.

Get notifications about Chongqing Rural Commercial Bank Co Ltd ADR

I send you an email if I find something interesting about Chongqing Rural Commercial Bank Co Ltd ADR.

Quick analysis of Chongqing Rural Commercial Bank Co Ltd ADR (30 sec.)










What can you expect buying and holding a share of Chongqing Rural Commercial Bank Co Ltd ADR? (30 sec.)

How much money do you get?

How much money do you get?
$7.38
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$719.34
Expected worth in 1 year
$1,059.85
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
$347.89
Return On Investment
1,921.0%

For what price can you sell your share?

Current Price per Share
$18.11
Expected price per share
$18.11 - $18.11
How sure are you?
50%

1. Valuation of Chongqing Rural Commercial Bank Co Ltd ADR (5 min.)




Live pricePrice per Share (EOD)

$18.11

Intrinsic Value Per Share

$195.05 - $757.93

Total Value Per Share

$914.39 - $1,477.27

2. Growth of Chongqing Rural Commercial Bank Co Ltd ADR (5 min.)




Is Chongqing Rural Commercial Bank Co Ltd ADR growing?

Current yearPrevious yearGrowGrow %
How rich?$163.3b$144b$19.3b11.8%

How much money is Chongqing Rural Commercial Bank Co Ltd ADR making?

Current yearPrevious yearGrowGrow %
Making money$1.4b$1.3b$99m7.0%
Net Profit Margin35.6%30.8%--

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

3. Financial Health of Chongqing Rural Commercial Bank Co Ltd ADR (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Chongqing Rural Commercial Bank Co Ltd ADR? (5 min.)

Welcome investor! Chongqing Rural Commercial Bank Co Ltd ADR's management wants to use your money to grow the business. In return you get a share of Chongqing Rural Commercial Bank Co Ltd ADR.

What can you expect buying and holding a share of Chongqing Rural Commercial Bank Co Ltd ADR?

First you should know what it really means to hold a share of Chongqing Rural Commercial Bank Co Ltd ADR. And how you can make/lose money.

Speculation

The Price per Share of Chongqing Rural Commercial Bank Co Ltd ADR is $18.11. 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 Chongqing Rural Commercial Bank Co Ltd ADR.
  • 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 Chongqing Rural Commercial Bank Co Ltd ADR, 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 $719.34. Based on the TTM, the Book Value Change Per Share is $85.13 per quarter. Based on the YOY, the Book Value Change Per Share is $47.44 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 $1.85 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Chongqing Rural Commercial Bank Co Ltd ADR.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps6.2634.6%6.2634.6%5.8232.2%5.7331.7%5.1228.3%
Usd Book Value Change Per Share85.13470.1%85.13470.1%47.44262.0%135.92750.5%69.97386.4%
Usd Dividend Per Share1.8510.2%1.8510.2%1.548.5%1.488.2%1.287.1%
Usd Total Gains Per Share86.97480.2%86.97480.2%48.98270.4%137.40758.7%71.25393.5%
Usd Price Per Share17.69-17.69-16.75-6.89-3.44-
Price to Earnings Ratio2.83-2.83-2.88-1.14-0.57-
Price-to-Total Gains Ratio0.20-0.20-0.34-0.27-0.27-
Price to Book Ratio0.02-0.02-0.03-0.01-0.01-
Price-to-Total Gains Ratio0.20-0.20-0.34-0.27-0.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.11
Number of shares55
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.851.48
Usd Book Value Change Per Share85.13135.92
Usd Total Gains Per Share86.97137.40
Gains per Quarter (55 shares)4,783.507,557.02
Gains per Year (55 shares)19,133.9930,228.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
140618728191243262990230218
281237456382586535980460446
3121856184573929798970590674
4162474912765261305119607120902
5203093640956601631149509151130
624361123681147941958179411181358
728421310961339282284209313211586
832481498241530622610239215241814
936541685521721962936269116272042
1040601872801913303263299018302270

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%14.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%14.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%14.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%14.00.00.0100.0%

Fundamentals of Chongqing Rural Commercial Bank Co Ltd ADR

About Chongqing Rural Commercial Bank Co Ltd ADR

Chongqing Rural Commercial Bank Co., Ltd., together with its subsidiaries, provides banking services in the People's Republic of China. It operates in three segments: Corporate Banking, Personal Banking, and Financial Market Business. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, and trade-related products, as well as engages in foreign currency and other credit services. This segment serves corporates, government agencies, and financial institutions. The Personal Banking segment credit and debit cards, payment settlement, savings deposits, personal loans payment, agency funds and insurance related services. The Financial Market Business segment engages in money market or repurchase transaction services. It operates branches, including the head office and the business department, branches, first-class sub-branches, second-class sub-branches, community sub-branches, and branch offices, as well as self-service 24-hour banking centers. Chongqing Rural Commercial Bank Co., Ltd. was founded in 1951 and is headquartered in Chongqing, China.

Fundamental data was last updated by Penke on 2024-03-08 18:35:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient 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 very able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Chongqing Rural Commercial Bank Co Ltd ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Chongqing Rural Commercial Bank Co Ltd ADR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Chongqing Rural Commercial Bank Co Ltd ADR to the Banks - Regional industry mean.
  • A Net Profit Margin of 35.6% means that $0.36 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 35.6%. The company is making a huge profit. +2
  • The TTM is 35.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ35.6%TTM35.6%0.0%
TTM35.6%YOY30.8%+4.7%
TTM35.6%5Y35.9%-0.3%
5Y35.9%10Y38.3%-2.4%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ35.6%18.4%+17.2%
TTM35.6%28.0%+7.6%
YOY30.8%25.2%+5.6%
5Y35.9%22.8%+13.1%
10Y38.3%19.8%+18.5%
1.1.2. Return on Assets

Shows how efficient Chongqing Rural Commercial Bank Co Ltd ADR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Chongqing Rural Commercial Bank Co Ltd ADR to the Banks - Regional industry mean.
  • 0.8% Return on Assets means that Chongqing Rural Commercial Bank Co Ltd ADR generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.8%0.0%
TTM0.8%YOY0.8%+0.0%
TTM0.8%5Y0.8%-0.1%
5Y0.8%10Y0.9%-0.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%0.1%+0.7%
TTM0.8%0.2%+0.6%
YOY0.8%0.2%+0.6%
5Y0.8%0.2%+0.6%
10Y0.9%0.2%+0.7%
1.1.3. Return on Equity

Shows how efficient Chongqing Rural Commercial Bank Co Ltd ADR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Chongqing Rural Commercial Bank Co Ltd ADR to the Banks - Regional industry mean.
  • 9.0% Return on Equity means Chongqing Rural Commercial Bank Co Ltd ADR generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 9.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.0%TTM9.0%0.0%
TTM9.0%YOY9.1%-0.1%
TTM9.0%5Y10.2%-1.2%
5Y10.2%10Y12.9%-2.7%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ9.0%1.4%+7.6%
TTM9.0%2.5%+6.5%
YOY9.1%2.7%+6.4%
5Y10.2%2.5%+7.7%
10Y12.9%2.8%+10.1%

1.2. Operating Efficiency of Chongqing Rural Commercial Bank Co Ltd ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Chongqing Rural Commercial Bank Co Ltd ADR is operating .

  • Measures how much profit Chongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR to the Banks - Regional industry mean.
  • An Operating Margin of 39.3% means the company generated $0.39  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 39.3%. The company is operating very efficient. +2
  • The TTM is 39.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ39.3%TTM39.3%0.0%
TTM39.3%YOY35.6%+3.7%
TTM39.3%5Y43.0%-3.7%
5Y43.0%10Y48.6%-5.5%
1.2.2. Operating Ratio

Measures how efficient Chongqing Rural Commercial Bank Co Ltd ADR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.33 means that the operating costs are $0.33 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 0.330. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.330. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.330TTM0.3300.000
TTM0.330YOY0.284+0.047
TTM0.3305Y0.322+0.009
5Y0.32210Y0.391-0.069

1.3. Liquidity of Chongqing Rural Commercial Bank Co Ltd ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Chongqing Rural Commercial Bank Co Ltd ADR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.23 means the company has $0.23 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 0.234. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.234. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.234TTM0.2340.000
TTM0.234YOY0.279-0.046
TTM0.2345Y0.353-0.119
5Y0.35310Y33.060-32.707
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.2340.124+0.110
YOY0.2790.225+0.054
5Y0.3530.219+0.134
10Y33.0600.131+32.929
1.3.2. Quick Ratio

Measures if Chongqing Rural Commercial Bank Co Ltd ADR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Chongqing Rural Commercial Bank Co Ltd ADR to the Banks - Regional industry mean.
  • A Quick Ratio of 0.23 means the company can pay off $0.23 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 0.234. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.234. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.234TTM0.2340.000
TTM0.234YOY0.279-0.046
TTM0.2345Y0.392-0.158
5Y0.39210Y46.041-45.649

1.4. Solvency of Chongqing Rural Commercial Bank Co Ltd ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Chongqing Rural Commercial Bank Co Ltd ADR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Chongqing Rural Commercial Bank Co Ltd ADR to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.13 means that Chongqing Rural Commercial Bank Co Ltd ADR assets are financed with 12.7% credit (debt) and the remaining percentage (100% - 12.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 0.127. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.127. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.127TTM0.1270.000
TTM0.127YOY0.178-0.051
TTM0.1275Y0.158-0.031
5Y0.15810Y0.544-0.386
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1270.915-0.788
TTM0.1270.917-0.790
YOY0.1780.919-0.741
5Y0.1580.919-0.761
10Y0.5440.927-0.383
1.4.2. Debt to Equity Ratio

Measures if Chongqing Rural Commercial Bank Co Ltd ADR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Chongqing Rural Commercial Bank Co Ltd ADR to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 151.0% means that company has $1.51 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The MRQ is 1.510. The company is just able to pay all its debts with equity.
  • The TTM is 1.510. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.510TTM1.5100.000
TTM1.510YOY2.148-0.638
TTM1.5105Y1.942-0.432
5Y1.94210Y7.819-5.877
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.51010.829-9.319
TTM1.51011.013-9.503
YOY2.14811.363-9.215
5Y1.94211.437-9.495
10Y7.81913.038-5.219

2. Market Valuation of Chongqing Rural Commercial Bank Co Ltd ADR

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 Chongqing Rural Commercial Bank Co Ltd ADR generates.

  • Above 15 is considered overpriced but always compare Chongqing Rural Commercial Bank Co Ltd ADR to the Banks - Regional industry mean.
  • A PE ratio of 2.83 means the investor is paying $2.83 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The EOD is 2.892. Based on the earnings, the company is cheap. +2
  • The MRQ is 2.826. Based on the earnings, the company is cheap. +2
  • The TTM is 2.826. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.892MRQ2.826+0.067
MRQ2.826TTM2.8260.000
TTM2.826YOY2.876-0.050
TTM2.8265Y1.140+1.685
5Y1.14010Y0.570+0.570
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD2.8927.398-4.506
MRQ2.8266.680-3.854
TTM2.8265.295-2.469
YOY2.8766.943-4.067
5Y1.1409.770-8.630
10Y0.5709.943-9.373
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The EOD is 0.423. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.413. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.413. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.423MRQ0.413+0.010
MRQ0.413TTM0.4130.000
TTM0.413YOY0.681-0.268
TTM0.4135Y0.219+0.194
5Y0.21910Y0.109+0.109
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.423-2.069+2.492
MRQ0.413-1.868+2.281
TTM0.413-0.342+0.755
YOY0.6816.448-5.767
5Y0.2190.429-0.210
10Y0.1090.091+0.018
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Chongqing Rural Commercial Bank Co Ltd ADR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.02 means the investor is paying $0.02 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Chongqing Rural Commercial Bank Co Ltd ADR:

  • The EOD is 0.025. Based on the equity, the company is cheap. +2
  • The MRQ is 0.025. Based on the equity, the company is cheap. +2
  • The TTM is 0.025. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.025MRQ0.025+0.001
MRQ0.025TTM0.0250.000
TTM0.025YOY0.026-0.002
TTM0.0255Y0.010+0.014
5Y0.01010Y0.005+0.005
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.0250.427-0.402
MRQ0.0250.386-0.361
TTM0.0250.470-0.445
YOY0.0260.642-0.616
5Y0.0100.795-0.785
10Y0.0051.025-1.020
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Chongqing Rural Commercial Bank Co Ltd ADR 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--85.12785.1270%47.442+79%135.917-37%69.970+22%
Book Value Per Share--719.342719.3420%634.215+13%589.109+22%309.633+132%
Current Ratio--0.2340.2340%0.279-16%0.353-34%33.060-99%
Debt To Asset Ratio--0.1270.1270%0.178-29%0.158-20%0.544-77%
Debt To Equity Ratio--1.5101.5100%2.148-30%1.942-22%7.819-81%
Dividend Per Share--1.8451.8450%1.537+20%1.483+24%1.284+44%
Eps--6.2616.2610%5.825+7%5.734+9%5.117+22%
Free Cash Flow Per Share--42.82942.8290%24.585+74%11.384+276%13.145+226%
Free Cash Flow To Equity Per Share--6.3116.3110%53.449-88%16.745-62%21.384-70%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--757.926--------
Intrinsic Value_10Y_min--195.050--------
Intrinsic Value_1Y_max--40.717--------
Intrinsic Value_1Y_min--13.580--------
Intrinsic Value_3Y_max--149.189--------
Intrinsic Value_3Y_min--46.210--------
Intrinsic Value_5Y_max--290.034--------
Intrinsic Value_5Y_min--84.518--------
Market Cap4113505400.000+2%4018333740.0004018333740.0000%3804595000.000+6%1564585748.000+157%782292874.000+414%
Net Profit Margin--0.3560.3560%0.308+15%0.359-1%0.383-7%
Operating Margin--0.3930.3930%0.356+10%0.430-9%0.486-19%
Operating Ratio--0.3300.3300%0.284+16%0.322+3%0.391-16%
Pb Ratio0.025+2%0.0250.0250%0.026-7%0.010+141%0.005+382%
Pe Ratio2.892+2%2.8262.8260%2.876-2%1.140+148%0.570+396%
Price Per Share18.110+2%17.69117.6910%16.750+6%6.888+157%3.444+414%
Price To Free Cash Flow Ratio0.423+2%0.4130.4130%0.681-39%0.219+89%0.109+277%
Price To Total Gains Ratio0.208+2%0.2030.2030%0.342-41%0.273-25%0.273-25%
Quick Ratio--0.2340.2340%0.279-16%0.392-40%46.041-99%
Return On Assets--0.0080.0080%0.008+1%0.008-9%0.009-19%
Return On Equity--0.0900.0900%0.091-1%0.102-11%0.129-30%
Total Gains Per Share--86.97386.9730%48.978+78%137.400-37%71.254+22%
Usd Book Value--163391363127.200163391363127.2000%144055563898.400+13%133810259207.200+22%70329990355.680+132%
Usd Book Value Change Per Share--85.12785.1270%47.442+79%135.917-37%69.970+22%
Usd Book Value Per Share--719.342719.3420%634.215+13%589.109+22%309.633+132%
Usd Dividend Per Share--1.8451.8450%1.537+20%1.483+24%1.284+44%
Usd Eps--6.2616.2610%5.825+7%5.734+9%5.117+22%
Usd Free Cash Flow--9728178212.0009728178212.0000%5584186728.000+74%2585805257.600+276%2985746048.640+226%
Usd Free Cash Flow Per Share--42.82942.8290%24.585+74%11.384+276%13.145+226%
Usd Free Cash Flow To Equity Per Share--6.3116.3110%53.449-88%16.745-62%21.384-70%
Usd Market Cap4113505400.000+2%4018333740.0004018333740.0000%3804595000.000+6%1564585748.000+157%782292874.000+414%
Usd Price Per Share18.110+2%17.69117.6910%16.750+6%6.888+157%3.444+414%
Usd Profit--1422139441.6001422139441.6000%1323063725.600+7%1302470331.520+9%1162256724.080+22%
Usd Revenue--3996091984.8003996091984.8000%4290263537.600-7%3698400587.840+8%3100637742.960+29%
Usd Total Gains Per Share--86.97386.9730%48.978+78%137.400-37%71.254+22%
 EOD+4 -4MRQTTM+0 -0YOY+26 -95Y+17 -1810Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of Chongqing Rural Commercial Bank Co Ltd ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.892
Price to Book Ratio (EOD)Between0-10.025
Net Profit Margin (MRQ)Greater than00.356
Operating Margin (MRQ)Greater than00.393
Quick Ratio (MRQ)Greater than10.234
Current Ratio (MRQ)Greater than10.234
Debt to Asset Ratio (MRQ)Less than10.127
Debt to Equity Ratio (MRQ)Less than11.510
Return on Equity (MRQ)Greater than0.150.090
Return on Assets (MRQ)Greater than0.050.008
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Chongqing Rural Commercial Bank Co Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5099.996
Ma 20Greater thanMa 5018.110
Ma 50Greater thanMa 10018.110
Ma 100Greater thanMa 20017.903
OpenGreater thanClose18.110
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets1,352,301,245
Total Liabilities171,727,812
Total Stockholder Equity113,723,522
 As reported
Total Liabilities 171,727,812
Total Stockholder Equity+ 113,723,522
Total Assets = 1,352,301,245

Assets

Total Assets1,352,301,245
Total Current Assets148,481,736
Long-term Assets579,405,311
Total Current Assets
Cash And Cash Equivalents 147,560,684
Net Receivables 921,052
Inventory -157,050,851
Other Current Assets 157,050,851
Total Current Assets  (as reported)148,481,736
Total Current Assets  (calculated)148,481,736
+/-0
Long-term Assets
Property Plant Equipment 4,896,464
Goodwill 440,129
Long Term Investments 573,453,723
Intangible Assets 614,995
Long-term Assets Other -10,927,636
Long-term Assets  (as reported)579,405,311
Long-term Assets  (calculated)568,477,675
+/- 10,927,636

Liabilities & Shareholders' Equity

Total Current Liabilities635,292,671
Long-term Liabilities171,727,812
Total Stockholder Equity113,723,522
Total Current Liabilities
Short-term Debt 376,636,264
Accounts payable 322,196
Other Current Liabilities 257,861,297
Total Current Liabilities  (as reported)635,292,671
Total Current Liabilities  (calculated)634,819,757
+/- 472,914
Long-term Liabilities
Long-term Liabilities  (as reported)171,727,812
Long-term Liabilities  (calculated)0
+/- 171,727,812
Total Stockholder Equity
Common Stock11,357,000
Retained Earnings 44,675,479
Accumulated Other Comprehensive Income 30,768,777
Other Stockholders Equity 26,922,266
Total Stockholder Equity (as reported)113,723,522
Total Stockholder Equity (calculated)113,723,522
+/-0
Other
Capital Stock11,357,000
Cash and Short Term Investments 147,560,684
Common Stock Shares Outstanding 227,140
Current Deferred Revenue472,914
Liabilities and Stockholders Equity 1,352,301,245
Net Debt 24,167,128
Net Invested Capital 285,315,949
Property Plant and Equipment Gross 11,267,469
Short Long Term Debt Total 171,727,812



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-31
> Total Assets 
201,360,742
285,545,668
344,139,393
433,822,467
502,445,972
618,888,990
716,805,215
803,157,732
905,778,080
950,618,039
1,030,230,235
1,136,366,572
1,266,291,199
1,352,301,245
1,352,301,2451,266,291,1991,136,366,5721,030,230,235950,618,039905,778,080803,157,732716,805,215618,888,990502,445,972433,822,467344,139,393285,545,668201,360,742
   > Total Current Assets 
52,844,460
75,761,735
100,419,403
135,841,759
149,084,429
229,241,375
334,944,019
339,001,000
330,141,731
256,713,671
223,439,971
264,288,241
169,467,440
148,481,736
148,481,736169,467,440264,288,241223,439,971256,713,671330,141,731339,001,000334,944,019229,241,375149,084,429135,841,759100,419,40375,761,73552,844,460
       Cash And Cash Equivalents 
37,570,344
54,541,870
73,366,123
100,975,980
117,494,340
183,557,497
197,265,363
232,990,148
245,033,842
256,686,864
223,414,719
264,261,827
169,439,536
147,560,684
147,560,684169,439,536264,261,827223,414,719256,686,864245,033,842232,990,148197,265,363183,557,497117,494,340100,975,98073,366,12354,541,87037,570,344
       Short-term Investments 
0
0
0
0
97,360,119
127,760,266
103,612,308
97,878,266
118,289,538
167,028,763
0
0
0
0
0000167,028,763118,289,53897,878,266103,612,308127,760,26697,360,1190000
       Net Receivables 
15,274,116
21,219,865
27,053,280
34,865,779
31,590,089
45,683,878
137,678,656
106,010,852
85,107,889
26,807
25,252
26,414
27,904
921,052
921,05227,90426,41425,25226,80785,107,889106,010,852137,678,65645,683,87831,590,08934,865,77927,053,28021,219,86515,274,116
       Other Current Assets 
0
0
0
0
65,232,931
75,489,859
71,416,564
74,706,857
89,387,887
67,050,475
228,594,366
211,096,832
170,674,699
157,050,851
157,050,851170,674,699211,096,832228,594,36667,050,47589,387,88774,706,85771,416,56475,489,85965,232,9310000
   > Long-term Assets 
41,539,194
78,574,922
100,863,193
76,481,777
82,010,078
98,664,765
86,516,634
168,725,382
244,894,797
318,284,169
383,662,089
375,028,122
528,253,452
579,405,311
579,405,311528,253,452375,028,122383,662,089318,284,169244,894,797168,725,38286,516,63498,664,76582,010,07876,481,777100,863,19378,574,92241,539,194
       Property Plant Equipment 
2,117,204
2,341,319
2,689,360
3,153,823
3,574,211
4,352,912
5,211,197
5,198,481
5,000,967
4,841,593
5,151,100
5,088,242
5,115,058
4,896,464
4,896,4645,115,0585,088,2425,151,1004,841,5935,000,9675,198,4815,211,1974,352,9123,574,2113,153,8232,689,3602,341,3192,117,204
       Goodwill 
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129
440,129440,129440,129440,129440,129440,129440,129440,129440,129440,129440,129440,129440,129440,129
       Long Term Investments 
0
0
0
0
103,392,991
134,663,528
212,137,034
162,557,556
238,913,664
312,466,342
377,445,512
368,956,973
522,082,565
573,453,723
573,453,723522,082,565368,956,973377,445,512312,466,342238,913,664162,557,556212,137,034134,663,528103,392,9910000
       Intangible Assets 
0
0
0
528,137
656,681
544,946
556,279
529,216
540,037
536,105
625,348
542,778
615,700
614,995
614,995615,700542,778625,348536,105540,037529,216556,279544,946656,681528,137000
       Other Assets 
106,977,088
131,209,011
142,856,797
221,498,931
271,351,465
290,982,850
295,344,562
295,431,350
330,741,552
375,620,199
423,128,175
497,050,209
568,570,307
624,414,198
624,414,198568,570,307497,050,209423,128,175375,620,199330,741,552295,431,350295,344,562290,982,850271,351,465221,498,931142,856,797131,209,011106,977,088
> Total Liabilities 
191,883,392
263,115,279
316,282,408
401,592,955
465,556,667
576,040,581
668,517,414
748,967,895
840,532,395
159,609,417
171,494,030
173,363,068
225,427,298
171,727,812
171,727,812225,427,298173,363,068171,494,030159,609,417840,532,395748,967,895668,517,414576,040,581465,556,667401,592,955316,282,408263,115,279191,883,392
   > Total Current Liabilities 
153,776,403
205,563,022
245,732,836
2,682,451
3,666,150
4,603,792
4,485,212
3,658,213
4,647,804
857,014,032
484,460,417
539,587,141
606,616,890
635,292,671
635,292,671606,616,890539,587,141484,460,417857,014,0324,647,8043,658,2134,485,2124,603,7923,666,1502,682,451245,732,836205,563,022153,776,403
       Short-term Debt 
0
0
0
0
42,560,148
71,650,713
0
0
0
0
236,310,771
281,112,752
368,384,514
376,636,264
376,636,264368,384,514281,112,752236,310,771000071,650,71342,560,1480000
       Short Long Term Debt 
0
0
0
0
42,560,148
71,650,713
34,591,782
73,400,980
126,239,765
175,067,293
0
0
0
0
0000175,067,293126,239,76573,400,98034,591,78271,650,71342,560,1480000
       Accounts payable 
153,776,403
205,563,022
245,732,836
2,682,451
3,666,150
4,603,792
4,485,212
3,658,213
4,647,804
639,666,890
306,960
288,028
124,482
322,196
322,196124,482288,028306,960639,666,8904,647,8043,658,2134,485,2124,603,7923,666,1502,682,451245,732,836205,563,022153,776,403
       Other Current Liabilities 
-153,776,403
-205,563,022
-245,732,836
-2,682,451
-3,666,150
-4,603,792
-4,485,212
-3,658,213
-4,647,804
2,201,919
247,146,978
257,527,380
237,498,041
257,861,297
257,861,297237,498,041257,527,380247,146,9782,201,919-4,647,804-3,658,213-4,485,212-4,603,792-3,666,150-2,682,451-245,732,836-205,563,022-153,776,403
   > Long-term Liabilities 
2,300,000
2,300,000
2,300,000
2,300,000
2,300,000
5,000,000
34,846,782
58,487,030
103,901,345
159,609,417
171,494,030
173,363,068
225,427,298
171,727,812
171,727,812225,427,298173,363,068171,494,030159,609,417103,901,34558,487,03034,846,7825,000,0002,300,0002,300,0002,300,0002,300,0002,300,000
       Other Liabilities 
0
0
0
0
2,385,341
2,421,954
3,274,145
4,413,752
5,659,422
6,419,434
7,135,188
6,403,110
7,371,782
0
07,371,7826,403,1107,135,1886,419,4345,659,4224,413,7523,274,1452,421,9542,385,3410000
> Total Stockholder Equity
9,477,350
22,345,145
27,856,985
31,920,724
36,251,448
41,425,950
46,762,793
52,593,220
63,688,687
70,748,255
88,213,503
93,668,734
104,952,779
113,723,522
113,723,522104,952,77993,668,73488,213,50370,748,25563,688,68752,593,22046,762,79341,425,95036,251,44831,920,72427,856,98522,345,1459,477,350
   Common Stock
6,000,000
9,000,000
9,300,000
9,300,000
9,300,000
9,300,000
9,300,000
9,300,000
10,000,000
10,000,000
11,357,000
11,357,000
11,357,000
11,357,000
11,357,00011,357,00011,357,00011,357,00010,000,00010,000,0009,300,0009,300,0009,300,0009,300,0009,300,0009,300,0009,000,0006,000,000
   Retained Earnings 
2,069,749
2,646,308
3,803,163
4,786,433
5,950,176
9,452,907
12,451,471
16,297,378
21,243,958
25,947,255
32,365,628
35,947,699
40,306,220
44,675,479
44,675,47940,306,22035,947,69932,365,62825,947,25521,243,95816,297,37812,451,4719,452,9075,950,1764,786,4333,803,1632,646,3082,069,749
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
1,407,601
10,698,837
14,753,822
17,834,291
21,001,272
22,673,043
25,011,322
26,995,842
32,444,729
34,801,000
44,490,875
46,364,035
24,922,956
26,922,266
26,922,26624,922,95646,364,03544,490,87534,801,00032,444,72926,995,84225,011,32222,673,04321,001,27217,834,29114,753,82210,698,8371,407,601



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue28,238,107
Cost of Revenue--
Gross Profit-28,238,107
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense-0
 
Net Interest Income (+$)
Interest Income50,589,260
Interest Expense-26,083,624
Other Finance Cost-0
Net Interest Income24,505,636
 
Pretax Income (+$)
Operating Income-
Net Interest Income24,505,636
Other Non-Operating Income Expenses-
Income Before Tax (EBT)12,447,1650
EBIT - interestExpense = -26,083,624
10,988,615
37,072,239
Interest Expense26,083,624
Earnings Before Interest and Taxes (EBIT)-38,530,789
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax12,447,165
Tax Provision-1,243,408
Net Income From Continuing Ops11,203,75711,203,757
Net Income10,988,615
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--24,505,636
 

Technical Analysis of Chongqing Rural Commercial Bank Co Ltd ADR
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 Chongqing Rural Commercial Bank Co Ltd ADR. The general trend of Chongqing Rural Commercial Bank Co Ltd ADR is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Chongqing Rural Commercial Bank Co Ltd ADR's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Chongqing Rural Commercial Bank Co Ltd ADR.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 18.11 < 18.11 < 18.11.

The bearish price targets are: 18.11 > 18.11 > 18.11.

Tweet this
Chongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current mas is .

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

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

Directionalities and relatives.

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

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

Chongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current macd is 0.00437516.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Chongqing Rural Commercial Bank Co Ltd ADR price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Chongqing Rural Commercial Bank Co Ltd ADR. 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 Chongqing Rural Commercial Bank Co Ltd ADR price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Chongqing Rural Commercial Bank Co Ltd ADR Daily Moving Average Convergence/Divergence (MACD) ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current adx is 99.38.

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 Chongqing Rural Commercial Bank Co Ltd ADR 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.
Chongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current sar is 17.95.

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
Chongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current rsi is 100.00. The current phase is Overbought in bull market.

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

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Chongqing Rural Commercial Bank Co Ltd ADR Daily Relative Strength Index (RSI) ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current phase is Oversold in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Chongqing Rural Commercial Bank Co Ltd ADR price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Chongqing Rural Commercial Bank Co Ltd ADR Daily Stochastic Oscillator ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current cci is -66.66666667.

Chongqing Rural Commercial Bank Co Ltd ADR Daily Commodity Channel Index (CCI) ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current cmo is 100.00.

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
Chongqing Rural Commercial Bank Co Ltd ADR Daily Chande Momentum Oscillator (CMO) ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. 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
Chongqing Rural Commercial Bank Co Ltd ADR Daily Williams %R ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR.

Chongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current atr is 0.00040424.

Chongqing Rural Commercial Bank Co Ltd ADR Daily Average True Range (ATR) ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current obv is 331.00.

Chongqing Rural Commercial Bank Co Ltd ADR Daily On-Balance Volume (OBV) ChartChongqing Rural Commercial Bank Co Ltd ADR 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 Chongqing Rural Commercial Bank Co Ltd ADR. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
Chongqing Rural Commercial Bank Co Ltd ADR Daily Money Flow Index (MFI) ChartChongqing Rural Commercial Bank Co Ltd ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Chongqing Rural Commercial Bank Co Ltd ADR.

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
2023-12-20DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Chongqing Rural Commercial Bank Co Ltd ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Chongqing Rural Commercial Bank Co Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5099.996
Ma 20Greater thanMa 5018.110
Ma 50Greater thanMa 10018.110
Ma 100Greater thanMa 20017.903
OpenGreater thanClose18.110
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Chongqing Rural Commercial Bank Co Ltd ADR with someone you think should read this too:
  • Are you bullish or bearish on Chongqing Rural Commercial Bank Co Ltd ADR? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Chongqing Rural Commercial Bank Co Ltd ADR? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Chongqing Rural Commercial Bank Co Ltd ADR

I send you an email if I find something interesting about Chongqing Rural Commercial Bank Co Ltd ADR.


Comments

How you think about this?

Leave a comment

Stay informed about Chongqing Rural Commercial Bank Co Ltd ADR.

Receive notifications about Chongqing Rural Commercial Bank Co Ltd ADR in your mailbox!