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Erste Group Bank AG
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Let's analyse Erste Group Bank AG together

PenkeI guess you are interested in Erste Group Bank AG. 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 Erste Group Bank AG. 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 Erste Group Bank AG (30 sec.)










What can you expect buying and holding a share of Erste Group Bank AG? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.11
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
‚ā¨73.58
Expected worth in 1 year
‚ā¨82.07
How sure are you?
94.4%

+ What do you gain per year?

Total Gains per Share
‚ā¨8.60
Return On Investment
19.7%

For what price can you sell your share?

Current Price per Share
‚ā¨43.62
Expected price per share
‚ā¨38.70 - ‚ā¨45.30
How sure are you?
50%

1. Valuation of Erste Group Bank AG (5 min.)




Live pricePrice per Share (EOD)

‚ā¨43.62

Intrinsic Value Per Share

‚ā¨-2,317.43 - ‚ā¨-2,784.46

Total Value Per Share

‚ā¨-2,243.86 - ‚ā¨-2,710.88

2. Growth of Erste Group Bank AG (5 min.)




Is Erste Group Bank AG growing?

Current yearPrevious yearGrowGrow %
How rich?$31.3b$26.8b$3.2b10.7%

How much money is Erste Group Bank AG making?

Current yearPrevious yearGrowGrow %
Making money$853.2m$618.1m$235m27.6%
Net Profit Margin30.0%26.2%--

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

3. Financial Health of Erste Group Bank AG (5 min.)




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




  Industry Rankings (Other)  


Richest
#18 / 394

Most Revenue
#34 / 394

Most Profit
#19 / 394

What can you expect buying and holding a share of Erste Group Bank AG? (5 min.)

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

What can you expect buying and holding a share of Erste Group Bank AG?

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

Speculation

The Price per Share of Erste Group Bank AG is ‚ā¨43.62. 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 Erste Group Bank AG.
  • 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 Erste Group Bank AG, 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 ‚ā¨73.58. Based on the TTM, the Book Value Change Per Share is ‚ā¨2.12 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨1.43 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Erste Group Bank AG.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps2.104.8%2.114.8%1.523.5%1.182.7%1.122.6%
Usd Book Value Change Per Share3.838.8%2.275.2%1.533.5%4.3810.0%4.3810.0%
Usd Dividend Per Share0.000.0%0.030.1%0.040.1%0.110.3%0.110.3%
Usd Total Gains Per Share3.838.8%2.305.3%1.573.6%4.4910.3%4.4910.3%
Usd Price Per Share43.65-37.64-28.60-32.06-32.19-
Price to Earnings Ratio5.19-4.52-4.78-7.77-7.40-
Price-to-Total Gains Ratio11.39-26.15--3.16-37.15-37.15-
Price to Book Ratio0.55-0.50-0.43-0.45-0.43-
Price-to-Total Gains Ratio11.39-26.15--3.16-37.15-37.15-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share46.703934
Number of shares21
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.11
Usd Book Value Change Per Share2.274.38
Usd Total Gains Per Share2.304.49
Gains per Quarter (21 shares)48.3494.20
Gains per Year (21 shares)193.38376.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
121911839368367
2538237618735744
375735692711031121
497647623714711498
5129559554618381875
614114611485522062252
716133713416425732629
819152815347329413006
921172017278233093383
1023191119209236763760

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 Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%16.02.00.088.9%16.02.00.088.9%16.02.00.088.9%
Dividend per Share1.00.03.025.0%3.00.09.025.0%6.00.012.033.3%6.00.012.033.3%6.00.012.033.3%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%17.01.00.094.4%17.01.00.094.4%17.01.00.094.4%

Fundamentals of Erste Group Bank AG

About Erste Group Bank AG

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Fundamental data was last updated by Penke on 2024-06-09 19:10:02.

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 inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Erste Group Bank AG.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Erste Group Bank AG earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Erste Group Bank AG to the¬†Other industry mean.
  • A Net Profit Margin of 28.2%¬†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 Erste Group Bank AG:

  • The MRQ is 28.2%. The company is making a huge profit. +2
  • The TTM is 30.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ28.2%TTM30.0%-1.9%
TTM30.0%YOY26.2%+3.8%
TTM30.0%5Y22.6%+7.5%
5Y22.6%10Y22.5%+0.1%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ28.2%5.6%+22.6%
TTM30.0%5.2%+24.8%
YOY26.2%6.0%+20.2%
5Y22.6%6.0%+16.6%
10Y22.5%6.1%+16.4%
1.1.2. Return on Assets

Shows how efficient Erste Group Bank AG is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Erste Group Bank AG to the¬†Other industry mean.
  • 0.2% Return on Assets means that¬†Erste Group Bank AG generated¬†€0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Erste Group Bank AG:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY0.2%+0.1%
TTM0.2%5Y0.2%+0.1%
5Y0.2%10Y0.2%+0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%1.1%-0.9%
TTM0.2%1.0%-0.8%
YOY0.2%1.4%-1.2%
5Y0.2%1.1%-0.9%
10Y0.2%1.3%-1.1%
1.1.3. Return on Equity

Shows how efficient Erste Group Bank AG is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Erste Group Bank AG to the¬†Other industry mean.
  • 3.5% Return on Equity means Erste Group Bank AG generated €0.04¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Erste Group Bank AG:

  • The MRQ is 3.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.8%-0.2%
TTM3.8%YOY3.0%+0.7%
TTM3.8%5Y2.6%+1.2%
5Y2.6%10Y2.6%+0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%3.5%+0.0%
TTM3.8%3.2%+0.6%
YOY3.0%4.7%-1.7%
5Y2.6%3.7%-1.1%
10Y2.6%3.7%-1.1%

1.2. Operating Efficiency of Erste Group Bank AG.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Erste Group Bank AG is operating .

  • Measures how much profit Erste Group Bank AG 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¬†Erste Group Bank AG to the¬†Other industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Erste Group Bank AG:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.6%-9.6%
TTM-9.6%-9.6%
YOY-8.7%-8.7%
5Y-5.7%-5.7%
10Y-7.1%-7.1%
1.2.2. Operating Ratio

Measures how efficient Erste Group Bank AG is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are €0.00 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Erste Group Bank AG:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.139-0.139
5Y0.13910Y0.167-0.028
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.229-1.229
TTM-1.253-1.253
YOY-1.242-1.242
5Y0.1391.257-1.118
10Y0.1671.360-1.193

1.3. Liquidity of Erste Group Bank AG.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Erste Group Bank AG is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 0.00¬†means the company has €0.00 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Erste Group Bank AG:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.411-1.411
TTM-1.488-1.488
YOY-1.541-1.541
5Y-1.542-1.542
10Y-1.486-1.486
1.3.2. Quick Ratio

Measures if Erste Group Bank AG is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Erste Group Bank AG to the¬†Other industry mean.
  • A Quick Ratio of 0.00¬†means the company can pay off €0.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Erste Group Bank AG:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.564-0.564
TTM-0.558-0.558
YOY-0.578-0.578
5Y-0.603-0.603
10Y-0.603-0.603

1.4. Solvency of Erste Group Bank AG.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Erste Group Bank AG assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Erste Group Bank AG to Other industry mean.
  • A Debt to Asset Ratio of 0.91¬†means that Erste Group Bank AG assets are¬†financed with 91.4% credit (debt) and the remaining percentage (100% - 91.4%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Erste Group Bank AG:

  • The MRQ is 0.914. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.918. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.914TTM0.918-0.003
TTM0.918YOY0.925-0.007
TTM0.9185Y0.921-0.004
5Y0.92110Y0.921+0.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9140.529+0.385
TTM0.9180.526+0.392
YOY0.9250.560+0.365
5Y0.9210.562+0.359
10Y0.9210.569+0.352
1.4.2. Debt to Equity Ratio

Measures if Erste Group Bank AG is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Erste Group Bank AG to the¬†Other industry mean.
  • A Debt to Equity ratio of 1,409.4% means that company has €14.09 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Erste Group Bank AG:

  • The MRQ is 14.094. The company is unable to pay all its debts with equity. -1
  • The TTM is 14.675. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ14.094TTM14.675-0.580
TTM14.675YOY16.045-1.370
TTM14.6755Y15.323-0.648
5Y15.32310Y15.296+0.027
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ14.0941.113+12.981
TTM14.6751.112+13.563
YOY16.0451.268+14.777
5Y15.3231.333+13.990
10Y15.2961.472+13.824

2. Market Valuation of Erste Group Bank AG

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 Erste Group Bank AG generates.

  • Above 15 is considered overpriced but¬†always compare¬†Erste Group Bank AG to the¬†Other industry mean.
  • A PE ratio of 5.19 means the investor is paying €5.19¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Erste Group Bank AG:

  • The EOD is 5.548. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.186. Based on the earnings, the company is cheap. +2
  • The TTM is 4.522. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.548MRQ5.186+0.363
MRQ5.186TTM4.522+0.664
TTM4.522YOY4.778-0.256
TTM4.5225Y7.770-3.248
5Y7.77010Y7.400+0.370
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD5.54813.732-8.184
MRQ5.18611.599-6.413
TTM4.52210.812-6.290
YOY4.77811.340-6.562
5Y7.77012.178-4.408
10Y7.40012.459-5.059
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Erste Group Bank AG:

  • The EOD is -0.611. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.571. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.024. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.611MRQ-0.571-0.040
MRQ-0.571TTM-1.024+0.454
TTM-1.024YOY0.131-1.156
TTM-1.0245Y-15.912+14.888
5Y-15.91210Y-15.154-0.758
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD-0.6115.574-6.185
MRQ-0.5715.366-5.937
TTM-1.0244.940-5.964
YOY0.1311.970-1.839
5Y-15.9122.726-18.638
10Y-15.1543.594-18.748
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Erste Group Bank AG is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 0.55 means the investor is paying €0.55¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Erste Group Bank AG:

  • The EOD is 0.593. Based on the equity, the company is cheap. +2
  • The MRQ is 0.554. Based on the equity, the company is cheap. +2
  • The TTM is 0.505. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.593MRQ0.554+0.039
MRQ0.554TTM0.505+0.049
TTM0.505YOY0.432+0.073
TTM0.5055Y0.447+0.058
5Y0.44710Y0.426+0.021
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD0.5931.659-1.066
MRQ0.5541.304-0.750
TTM0.5051.323-0.818
YOY0.4321.412-0.980
5Y0.4471.561-1.114
10Y0.4261.632-1.206
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Erste Group Bank AG 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--3.5802.124+69%1.430+150%4.088-12%4.088-12%
Book Value Per Share--73.57769.457+6%61.628+19%53.825+37%51.262+44%
Current Ratio----0%-0%-0%-0%
Debt To Asset Ratio--0.9140.9180%0.925-1%0.921-1%0.921-1%
Debt To Equity Ratio--14.09414.675-4%16.045-12%15.323-8%15.296-8%
Dividend Per Share---0.026-100%0.033-100%0.102-100%0.102-100%
Eps--1.9651.9720%1.420+38%1.098+79%1.045+88%
Free Cash Flow Per Share---17.856-7.792-56%-1.543-91%2.100-950%2.100-950%
Free Cash Flow To Equity Per Share---17.856-7.792-56%-1.543-91%2.100-950%2.100-950%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2784.460--------
Intrinsic Value_10Y_min---2317.434--------
Intrinsic Value_1Y_max---55.749--------
Intrinsic Value_1Y_min---54.628--------
Intrinsic Value_3Y_max---337.663--------
Intrinsic Value_3Y_min---318.926--------
Intrinsic Value_5Y_max---824.726--------
Intrinsic Value_5Y_min---750.844--------
Market Cap--16247853975.96014197388553.040+14%10864533377.655+50%10875620726.874+49%10357734025.594+57%
Net Profit Margin--0.2820.300-6%0.262+7%0.226+25%0.225+25%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.139-100%0.167-100%
Pb Ratio0.593+7%0.5540.505+10%0.432+28%0.447+24%0.426+30%
Pe Ratio5.548+7%5.1864.522+15%4.778+9%7.770-33%7.400-30%
Price Per Share43.620+7%40.77035.155+16%26.713+53%29.946+36%30.064+36%
Price To Free Cash Flow Ratio-0.611-7%-0.571-1.024+79%0.131-534%-15.912+2688%-15.154+2555%
Price To Total Gains Ratio12.183+7%11.38726.146-56%-3.163+128%37.153-69%37.153-69%
Quick Ratio----0%-0%-0%-0%
Return On Assets--0.0020.002-2%0.002+31%0.002+46%0.002+46%
Return On Equity--0.0350.038-6%0.030+17%0.026+35%0.026+36%
Total Gains Per Share--3.5802.150+67%1.463+145%4.189-15%4.189-15%
Usd Book Value--31395405882.60030045229091.850+4%26836566574.200+17%25511475909.705+23%25303835153.029+24%
Usd Book Value Change Per Share--3.8342.275+69%1.531+150%4.377-12%4.377-12%
Usd Book Value Per Share--78.77974.368+6%65.986+19%57.630+37%54.886+44%
Usd Dividend Per Share---0.028-100%0.035-100%0.109-100%0.109-100%
Usd Eps--2.1042.1110%1.520+38%1.175+79%1.119+88%
Usd Free Cash Flow---7619101200.000-3355306125.000-56%-671061225.000-91%818100456.000-1031%696597420.000-1194%
Usd Free Cash Flow Per Share---19.118-8.343-56%-1.652-91%2.248-950%2.248-950%
Usd Free Cash Flow To Equity Per Share---19.118-8.343-56%-1.652-91%2.248-950%2.248-950%
Usd Market Cap--17396577252.06015201143923.740+14%11632655887.455+50%11644527112.264+49%11090025821.204+57%
Usd Price Per Share46.704+7%43.65237.640+16%28.601+53%32.063+36%32.189+36%
Usd Profit--838651471.800853273486.350-2%618191932.725+36%521738619.180+61%516113140.986+62%
Usd Revenue--2977043875.5002838762435.150+5%2369600700.075+26%2239327453.305+33%2223062798.857+34%
Usd Total Gains Per Share--3.8342.302+67%1.567+145%4.486-15%4.486-15%
 EOD+3 -3MRQTTM+13 -18YOY+21 -105Y+17 -1510Y+17 -15

3.2. Fundamental Score

Let's check the fundamental score of Erste Group Bank AG based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.548
Price to Book Ratio (EOD)Between0-10.593
Net Profit Margin (MRQ)Greater than00.282
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.914
Debt to Equity Ratio (MRQ)Less than114.094
Return on Equity (MRQ)Greater than0.150.035
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Erste Group Bank AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.815
Ma 20Greater thanMa 5044.221
Ma 50Greater thanMa 10042.892
Ma 100Greater thanMa 20039.992
OpenGreater thanClose43.620
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets342,698,940
Total Liabilities313,376,622
Total Stockholder Equity22,234,323
 As reported
Total Liabilities 313,376,622
Total Stockholder Equity+ 22,234,323
Total Assets = 342,698,940

Assets

Total Assets342,698,940
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 53,607,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)53,607,000
+/- 53,607,000
Long-term Assets
Property Plant Equipment 2,660,103
Long Term Investments 66,670,971
Long-term Assets  (as reported)0
Long-term Assets  (calculated)69,331,074
+/- 69,331,074

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity22,234,323
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 17,491,867
Total Stockholder Equity (as reported)22,234,323
Total Stockholder Equity (calculated)17,491,867
+/- 4,742,456
Other
Capital Stock841,826
Common Stock Shares Outstanding 398,525
Net Invested Capital 70,801,323



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
243,705,797
248,260,847
252,101,002
245,692,847
262,898,227
264,691,955
271,983,163
277,393,700
304,968,574
303,434,962
309,240,329
307,428,200
325,610,049
327,093,365
335,296,870
323,865,000
342,921,386
343,992,685
337,161,094
337,155,000
342,698,940
342,698,940337,155,000337,161,094343,992,685342,921,386323,865,000335,296,870327,093,365325,610,049307,428,200309,240,329303,434,962304,968,574277,393,700271,983,163264,691,955262,898,227245,692,847252,101,002248,260,847243,705,797
   > Total Current Assets 000000000000000000000
       Cash And Cash Equivalents 
16,383,000
16,843,000
15,638,000
10,693,000
23,030,000
18,434,000
27,847,000
35,839,000
75,823,000
67,873,000
70,389,000
61,924,000
72,164,000
65,571,000
64,711,000
49,199,000
66,094,000
62,736,000
55,894,000
51,426,000
53,607,000
53,607,00051,426,00055,894,00062,736,00066,094,00049,199,00064,711,00065,571,00072,164,00061,924,00070,389,00067,873,00075,823,00035,839,00027,847,00018,434,00023,030,00010,693,00015,638,00016,843,00016,383,000
   > Long-term Assets 000000000000000000000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,542,272
2,616,000
2,671,319
2,665,368
2,592,991
2,600,000
2,660,103
2,660,1032,600,0002,592,9912,665,3682,671,3192,616,0002,542,27200000000000000
       Goodwill 
0
0
0
547,000
0
0
0
544,000
0
0
0
550,000
0
0
0
556,000
0
0
0
545,000
0
0545,000000556,000000550,000000544,000000547,000000
       Long Term Investments 
45,529,330
45,992,281
46,278,862
43,551,028
47,016,009
47,555,353
46,552,953
47,132,200
47,478,909
50,044,056
50,894,015
52,994,300
54,469,162
55,783,183
58,140,474
59,369,300
59,965,786
61,602,553
61,277,851
63,488,000
66,670,971
66,670,97163,488,00061,277,85161,602,55359,965,78659,369,30058,140,47455,783,18354,469,16252,994,30050,894,01550,044,05647,478,90947,132,20046,552,95347,555,35347,016,00943,551,02846,278,86245,992,28145,529,330
       Intangible Assets 
0
0
0
821,000
0
0
0
814,000
0
0
0
812,000
0
0
0
791,000
0
0
0
769,000
0
0769,000000791,000000812,000000814,000000821,000000
> Total Liabilities 
223,951,412
228,611,956
231,971,249
225,215,524
241,845,636
243,491,589
250,544,864
254,983,400
282,197,137
280,064,122
285,286,619
283,914,800
301,541,902
303,207,052
310,712,869
298,560,300
316,438,376
317,257,901
309,474,014
308,654,000
313,376,622
313,376,622308,654,000309,474,014317,257,901316,438,376298,560,300310,712,869303,207,052301,541,902283,914,800285,286,619280,064,122282,197,137254,983,400250,544,864243,491,589241,845,636225,215,524231,971,249228,611,956223,951,412
   > Total Current Liabilities 000000000000000000000
   > Long-term Liabilities 000000000000000000000
> Total Stockholder Equity
15,184,456
15,009,942
15,394,712
15,619,827
16,177,404
16,278,026
16,414,598
17,337,200
17,608,557
18,088,373
18,500,713
17,997,400
18,521,889
18,276,657
18,756,536
19,347,600
20,294,946
20,310,330
21,015,173
21,648,000
22,234,323
22,234,32321,648,00021,015,17320,310,33020,294,94619,347,60018,756,53618,276,65718,521,88917,997,40018,500,71318,088,37317,608,55717,337,20016,414,59816,278,02616,177,40415,619,82715,394,71215,009,94215,184,456
   Common Stock000000000000000000000
   Retained Earnings 
11,357,856
11,183,342
11,568,112
11,792,141
11,852,602
11,953,221
12,089,791
12,266,900
12,538,272
13,018,084
13,431,538
13,423,900
13,948,402
13,703,344
14,183,259
14,774,100
15,721,472
15,736,856
16,283,998
16,906,000
17,491,867
17,491,86716,906,00016,283,99815,736,85615,721,47214,774,10014,183,25913,703,34413,948,40213,423,90013,431,53813,018,08412,538,27212,266,90012,089,79111,953,22111,852,60211,792,14111,568,11211,183,34211,357,856
   Capital Surplus 000000000000000000000
   Treasury Stock000000000000000000000
   Other Stockholders Equity 000000000000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue10,318,000
Cost of Revenue-0
Gross Profit010,318,000
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,146,000
Selling And Marketing Expenses0
Operating Expense01,146,000
 
Net Interest Income (+$)
Interest Income19,490,000
Interest Expense-12,263,000
Other Finance Cost-0
Net Interest Income7,227,000
 
Pretax Income (+$)
Operating Income0
Net Interest Income7,227,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,795,0000
EBIT - interestExpense = -12,263,000
2,998,000
15,261,000
Interest Expense12,263,000
Earnings Before Interest and Taxes (EBIT)017,058,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax4,795,000
Tax Provision-874,000
Net Income From Continuing Ops3,921,0003,921,000
Net Income2,998,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-7,227,000
 

Technical Analysis of Erste Group Bank AG
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 Erste Group Bank AG. The general trend of Erste Group Bank AG is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Erste Group Bank AG's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Erste Group Bank AG.

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: 45.30.

The bearish price targets are: 41.30 > 40.50 > 38.70.

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Erste Group Bank AG 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 Erste Group Bank AG. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-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 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 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

Erste Group Bank AG 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 Erste Group Bank AG. The current macd is 0.07678716.

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 Erste Group Bank AG price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Erste Group Bank AG. 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 Erste Group Bank AG 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
Erste Group Bank AG Daily Moving Average Convergence/Divergence (MACD) ChartErste Group Bank AG 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 Erste Group Bank AG. The current adx is 20.18.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Erste Group Bank AG shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Erste Group Bank AG 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 Erste Group Bank AG. The current sar is 44.38.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Erste Group Bank AG 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 Erste Group Bank AG. The current rsi is 49.81. The current phase is Correction 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 -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Erste Group Bank AG Daily Relative Strength Index (RSI) ChartErste Group Bank AG 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 Erste Group Bank AG. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Erste Group Bank AG price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Erste Group Bank AG Daily Stochastic Oscillator ChartErste Group Bank AG 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 Erste Group Bank AG. The current cci is -68.17537292.

Erste Group Bank AG Daily Commodity Channel Index (CCI) ChartErste Group Bank AG 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 Erste Group Bank AG. The current cmo is -4.25872952.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Erste Group Bank AG Daily Chande Momentum Oscillator (CMO) ChartErste Group Bank AG 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 Erste Group Bank AG. The current willr is -54.36893204.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Erste Group Bank AG is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Erste Group Bank AG Daily Williams %R ChartErste Group Bank AG 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 Erste Group Bank AG.

Erste Group Bank AG 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 Erste Group Bank AG. The current atr is 0.55846682.

Erste Group Bank AG Daily Average True Range (ATR) ChartErste Group Bank AG 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 Erste Group Bank AG. The current obv is 3,668.

Erste Group Bank AG Daily On-Balance Volume (OBV) ChartErste Group Bank AG 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 Erste Group Bank AG. The current mfi is 50.14.

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
Erste Group Bank AG Daily Money Flow Index (MFI) ChartErste Group Bank AG Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Erste Group Bank AG.

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
2024-01-31ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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).
2024-02-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08CMO 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).
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-03ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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).
2024-04-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-24STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-26STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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).
2024-05-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-15STOCH 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).
2024-05-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-05-24MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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
2024-05-31STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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).
2024-06-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Erste Group Bank AG Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Erste Group Bank AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.815
Ma 20Greater thanMa 5044.221
Ma 50Greater thanMa 10042.892
Ma 100Greater thanMa 20039.992
OpenGreater thanClose43.620
Total3/5 (60.0%)
Penke

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