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Ebang International Holdings
Buy, Hold or Sell?

Let's analyse Ebang together

PenkeI guess you are interested in Ebang International Holdings. 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 Ebang International Holdings. 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 Ebang (30 sec.)










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

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
$51.51
Expected worth in 1 year
$8.60
How sure are you?
77.8%

+ What do you gain per year?

Total Gains per Share
$-42.91
Return On Investment
-442.3%

For what price can you sell your share?

Current Price per Share
$9.70
Expected price per share
$8.23 - $19.02
How sure are you?
50%

1. Valuation of Ebang (5 min.)




Live pricePrice per Share (EOD)

$9.70

Intrinsic Value Per Share

$-80.75 - $-0.96

Total Value Per Share

$-29.24 - $50.55

2. Growth of Ebang (5 min.)




Is Ebang growing?

Current yearPrevious yearGrowGrow %
How rich?$321.7m$368.9m-$47.1m-14.7%

How much money is Ebang making?

Current yearPrevious yearGrowGrow %
Making money-$43.8m$4.4m-$48.3m-110.1%
Net Profit Margin-135.8%8.6%--

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

3. Financial Health of Ebang (5 min.)




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




  Industry Rankings (Computer Hardware)  


Richest
#62 / 205

Most Revenue
#131 / 205

Most Profit
#197 / 205

Most Efficient
#189 / 205

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

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

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

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

Speculation

The Price per Share of Ebang is $9.7. 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 Ebang.
  • 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 Ebang, 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 $51.51. Based on the TTM, the Book Value Change Per Share is $-10.73 per quarter. Based on the YOY, the Book Value Change Per Share is $39.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ebang.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-7.03-72.4%-7.03-72.4%0.757.7%-4.87-50.2%-2.60-26.8%
Usd Book Value Change Per Share-10.73-110.6%-10.73-110.6%39.00402.0%10.10104.1%5.7259.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.282.8%0.171.7%
Usd Total Gains Per Share-10.73-110.6%-10.73-110.6%39.00402.0%10.37106.9%5.8960.7%
Usd Price Per Share2.91-2.91-1.03-2.00-1.11-
Price to Earnings Ratio-0.41--0.41-1.38-0.01-0.00-
Price-to-Total Gains Ratio-0.27--0.27-0.03-0.03-0.03-
Price to Book Ratio0.06-0.06-0.02-0.07-0.04-
Price-to-Total Gains Ratio-0.27--0.27-0.03-0.03-0.03-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.7
Number of shares103
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.28
Usd Book Value Change Per Share-10.7310.10
Usd Total Gains Per Share-10.7310.37
Gains per Quarter (103 shares)-1,104.821,068.39
Gains per Year (103 shares)-4,419.304,273.57
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-4419-442911341604264
20-8839-884822783208538
30-13258-132673401248112812
40-17677-176864531664117086
50-22096-221055672080121360
60-26516-265246802496125634
70-30935-309437942912129908
80-35354-353629073328234182
90-39774-3978110203744238456
100-44193-4420011344160242730

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%5.04.00.055.6%5.04.00.055.6%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%7.02.00.077.8%7.02.00.077.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%3.00.06.033.3%3.00.06.033.3%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%7.02.00.077.8%7.02.00.077.8%

Fundamentals of Ebang

About Ebang International Holdings

Ebang International Holdings Inc., through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. It also provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform. In addition, the company offers fiber-optic communication access devices, including multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, which consists gigabit passive optical network, Fiber to the Room products, passive optical network converged gateways, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. It serves the blockchain and telecommunications industries. The company also operates a cross-border payment and foreign exchange platform. It sells its blockchain products directly, as well as through its website; and telecommunication products under the EBANG brand name primarily through supplier contracts. The company was incorporated in 2018 and is headquartered in Hangzhou, China.

Fundamental data was last updated by Penke on 2024-03-20 15:49:05.

Financial Health

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

Valuation

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

1.1. Profitability of Ebang International Holdings.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Ebang to the Computer Hardware industry mean.
  • A Net Profit Margin of -135.8% means that $-1.36 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ebang International Holdings:

  • The MRQ is -135.8%. The company is making a huge loss. -2
  • The TTM is -135.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-135.8%TTM-135.8%0.0%
TTM-135.8%YOY8.6%-144.4%
TTM-135.8%5Y-67.8%-68.0%
5Y-67.8%10Y-28.8%-38.9%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ-135.8%2.9%-138.7%
TTM-135.8%2.9%-138.7%
YOY8.6%3.3%+5.3%
5Y-67.8%2.8%-70.6%
10Y-28.8%2.8%-31.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ebang to the Computer Hardware industry mean.
  • -12.8% Return on Assets means that Ebang generated $-0.13 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ebang International Holdings:

  • The MRQ is -12.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -12.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-12.8%TTM-12.8%0.0%
TTM-12.8%YOY1.1%-13.9%
TTM-12.8%5Y-18.7%+5.9%
5Y-18.7%10Y-6.3%-12.4%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.8%0.8%-13.6%
TTM-12.8%0.8%-13.6%
YOY1.1%1.0%+0.1%
5Y-18.7%0.9%-19.6%
10Y-6.3%0.9%-7.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ebang to the Computer Hardware industry mean.
  • -13.8% Return on Equity means Ebang generated $-0.14 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ebang International Holdings:

  • The MRQ is -13.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -13.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.8%TTM-13.8%0.0%
TTM-13.8%YOY1.2%-15.0%
TTM-13.8%5Y-59.9%+46.1%
5Y-59.9%10Y-24.1%-35.8%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.8%1.5%-15.3%
TTM-13.8%1.8%-15.6%
YOY1.2%2.4%-1.2%
5Y-59.9%2.0%-61.9%
10Y-24.1%2.0%-26.1%

1.2. Operating Efficiency of Ebang International Holdings.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ebang is operating .

  • Measures how much profit Ebang 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 Ebang to the Computer Hardware industry mean.
  • An Operating Margin of -70.5% means the company generated $-0.70  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ebang International Holdings:

  • The MRQ is -70.5%. The company is operating very inefficient. -2
  • The TTM is -70.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-70.5%TTM-70.5%0.0%
TTM-70.5%YOY3.9%-74.4%
TTM-70.5%5Y-50.9%-19.6%
5Y-50.9%10Y-19.3%-31.6%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ-70.5%2.5%-73.0%
TTM-70.5%1.3%-71.8%
YOY3.9%3.6%+0.3%
5Y-50.9%2.9%-53.8%
10Y-19.3%2.4%-21.7%
1.2.2. Operating Ratio

Measures how efficient Ebang is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Computer Hardware industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are $1.70 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ebang International Holdings:

  • The MRQ is 1.705. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.705. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.705TTM1.7050.000
TTM1.705YOY0.961+0.744
TTM1.7055Y1.449+0.256
5Y1.44910Y1.152+0.297
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7051.667+0.038
TTM1.7051.670+0.035
YOY0.9611.674-0.713
5Y1.4491.656-0.207
10Y1.1521.435-0.283

1.3. Liquidity of Ebang International Holdings.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Computer Hardware industry mean).
  • A Current Ratio of 17.38 means the company has $17.38 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ebang International Holdings:

  • The MRQ is 17.375. The company is very able to pay all its short-term debts. +2
  • The TTM is 17.375. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ17.375TTM17.3750.000
TTM17.375YOY20.321-2.946
TTM17.3755Y8.412+8.963
5Y8.41210Y6.090+2.322
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ17.3751.973+15.402
TTM17.3751.945+15.430
YOY20.3211.888+18.433
5Y8.4121.981+6.431
10Y6.0901.801+4.289
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ebang to the Computer Hardware industry mean.
  • A Quick Ratio of 17.20 means the company can pay off $17.20 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ebang International Holdings:

  • The MRQ is 17.196. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 17.196. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ17.196TTM17.1960.000
TTM17.196YOY21.815-4.619
TTM17.1965Y8.547+8.649
5Y8.54710Y5.872+2.674
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ17.1960.728+16.468
TTM17.1960.727+16.469
YOY21.8150.772+21.043
5Y8.5470.856+7.691
10Y5.8720.863+5.009

1.4. Solvency of Ebang International Holdings.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ebang to Computer Hardware industry mean.
  • A Debt to Asset Ratio of 0.07 means that Ebang assets are financed with 6.5% credit (debt) and the remaining percentage (100% - 6.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ebang International Holdings:

  • The MRQ is 0.065. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.065. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.065TTM0.0650.000
TTM0.065YOY0.044+0.021
TTM0.0655Y0.317-0.252
5Y0.31710Y0.328-0.011
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0650.448-0.383
TTM0.0650.453-0.388
YOY0.0440.460-0.416
5Y0.3170.479-0.162
10Y0.3280.464-0.136
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ebang to the Computer Hardware industry mean.
  • A Debt to Equity ratio of 7.0% means that company has $0.07 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ebang International Holdings:

  • The MRQ is 0.070. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.070. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.070TTM0.0700.000
TTM0.070YOY0.046+0.024
TTM0.0705Y0.990-0.919
5Y0.99010Y0.921+0.068
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0700.810-0.740
TTM0.0700.820-0.750
YOY0.0460.858-0.812
5Y0.9900.939+0.051
10Y0.9210.916+0.005

2. Market Valuation of Ebang International Holdings

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 Ebang generates.

  • Above 15 is considered overpriced but always compare Ebang to the Computer Hardware industry mean.
  • A PE ratio of -0.41 means the investor is paying $-0.41 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ebang International Holdings:

  • The EOD is -1.381. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.414. Based on the earnings, the company is expensive. -2
  • The TTM is -0.414. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.381MRQ-0.414-0.967
MRQ-0.414TTM-0.4140.000
TTM-0.414YOY1.378-1.792
TTM-0.4145Y0.006-0.420
5Y0.00610Y0.003+0.003
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
EOD-1.38113.654-15.035
MRQ-0.41412.776-13.190
TTM-0.41413.950-14.364
YOY1.37811.062-9.684
5Y0.00614.493-14.487
10Y0.00315.604-15.601
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ebang International Holdings:

  • The EOD is -6.204. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.861. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.861. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.204MRQ-1.861-4.343
MRQ-1.861TTM-1.8610.000
TTM-1.861YOY-0.284-1.577
TTM-1.8615Y-0.578-1.283
5Y-0.57810Y-0.321-0.257
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
EOD-6.2043.681-9.885
MRQ-1.8613.528-5.389
TTM-1.8610.551-2.412
YOY-0.284-0.015-0.269
5Y-0.5780.073-0.651
10Y-0.3210.749-1.070
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Computer Hardware industry mean).
  • A PB ratio of 0.06 means the investor is paying $0.06 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ebang International Holdings:

  • The EOD is 0.188. Based on the equity, the company is cheap. +2
  • The MRQ is 0.056. Based on the equity, the company is cheap. +2
  • The TTM is 0.056. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.188MRQ0.056+0.132
MRQ0.056TTM0.0560.000
TTM0.056YOY0.017+0.040
TTM0.0565Y0.067-0.010
5Y0.06710Y0.037+0.030
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
EOD0.1881.858-1.670
MRQ0.0561.916-1.860
TTM0.0561.927-1.871
YOY0.0171.578-1.561
5Y0.0671.804-1.737
10Y0.0371.733-1.696
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Ebang International Holdings.

3.1. Institutions holding Ebang International Holdings

Institutions are holding 1.578% of the shares of Ebang International Holdings.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Renaissance Technologies Corp0.7040.00114421300
2023-12-31BlackRock Inc0.08580538700
2023-12-31Group One Trading, LP0.07760.00024873-1730-26.2002
2023-12-31Morgan Stanley - Brokerage Accounts0.017501098-893-44.8518
2023-12-31JPMorgan Chase & Co0.008705485480
2023-12-31Tower Research Capital LLC0.00530.0001335250294.1176
2023-12-31UBS Group AG0.004903053050
2023-12-31Advisor Group Holdings, Inc.0.004302712710
2023-12-31Barclays PLC0.0026016100
2023-12-31Sunbelt Securities0.000201300
2023-12-31Bank of America Corp0.00010900
2023-09-30Newbridge Financial Services Group, Inc.0.00010500
2023-12-31Proequities Inc00300
2023-12-31Cornerstone Planning Group LLC000-5-100
Total 0.91110.001457221-1254-2.2%

3.2. Funds holding Ebang International Holdings

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-01-31R-co Thematic Blockchain Global Eq I EUR0.26190.51231645000
2024-02-29SPDR® Portfolio Emerging Markets ETF0.11490.001721800
2024-01-31Fidelity Nasdaq Composite Index0.03150.0001198000
2023-09-30LUX IM ESG New Industrial Trends DXL0.01180.023273800
2024-01-31Avantis® Emerging Markets Equity Instl0.00530.000933300
2024-02-29Avantis Emerging Markets Value ETF0.00210.000413400
2023-11-30BMO MSCI Fintech Innovation ETF0.00030.00561800
Total 0.42780.54352687100.0%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Ebang International Holdings 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---10.726-10.7260%38.998-128%10.098-206%5.723-287%
Book Value Per Share--51.50851.5080%62.234-17%31.348+64%17.616+192%
Current Ratio--17.37517.3750%20.321-14%8.412+107%6.090+185%
Debt To Asset Ratio--0.0650.0650%0.044+49%0.317-79%0.328-80%
Debt To Equity Ratio--0.0700.0700%0.046+51%0.990-93%0.921-92%
Dividend Per Share----0%-0%0.275-100%0.167-100%
Eps---7.025-7.0250%0.747-1040%-4.869-31%-2.601-63%
Free Cash Flow Per Share---1.564-1.5640%-3.624+132%-8.310+431%-4.508+188%
Free Cash Flow To Equity Per Share---1.567-1.5670%38.067-104%4.876-132%2.842-155%
Gross Profit Margin--1.0451.0450%0.680+54%1.023+2%0.581+80%
Intrinsic Value_10Y_max---0.958--------
Intrinsic Value_10Y_min---80.751--------
Intrinsic Value_1Y_max---3.520--------
Intrinsic Value_1Y_min---8.339--------
Intrinsic Value_3Y_max---7.966--------
Intrinsic Value_3Y_min---24.990--------
Intrinsic Value_5Y_max---9.267--------
Intrinsic Value_5Y_min---41.442--------
Market Cap45846274.000+60%18179739.03018179739.0300%6106722.710+198%10595166.228+72%5886203.460+209%
Net Profit Margin---1.358-1.3580%0.086-1676%-0.678-50%-0.288-79%
Operating Margin---0.705-0.7050%0.039-1886%-0.509-28%-0.193-73%
Operating Ratio--1.7051.7050%0.961+77%1.449+18%1.152+48%
Pb Ratio0.188+70%0.0560.0560%0.017+241%0.067-15%0.037+52%
Pe Ratio-1.381-233%-0.414-0.4140%1.378-130%0.006-7312%0.003-13082%
Price Per Share9.700+70%2.9102.9100%1.030+183%2.002+45%1.112+162%
Price To Free Cash Flow Ratio-6.204-233%-1.861-1.8610%-0.284-85%-0.578-69%-0.321-83%
Price To Total Gains Ratio-0.904-233%-0.271-0.2710%0.026-1127%0.032-951%0.032-951%
Quick Ratio--17.19617.1960%21.815-21%8.547+101%5.872+193%
Return On Assets---0.128-0.1280%0.011-1211%-0.187+47%-0.063-50%
Return On Equity---0.138-0.1380%0.012-1230%-0.599+335%-0.241+75%
Total Gains Per Share---10.726-10.7260%38.998-128%10.373-203%5.890-282%
Usd Book Value--321787881.000321787881.0000%368979365.000-13%178798776.000+80%118410500.556+172%
Usd Book Value Change Per Share---10.726-10.7260%38.998-128%10.098-206%5.723-287%
Usd Book Value Per Share--51.50851.5080%62.234-17%31.348+64%17.616+192%
Usd Dividend Per Share----0%-0%0.275-100%0.167-100%
Usd Eps---7.025-7.0250%0.747-1040%-4.869-31%-2.601-63%
Usd Free Cash Flow---9767943.000-9767943.0000%-21488215.000+120%-40622085.400+316%-11250780.333+15%
Usd Free Cash Flow Per Share---1.564-1.5640%-3.624+132%-8.310+431%-4.508+188%
Usd Free Cash Flow To Equity Per Share---1.567-1.5670%38.067-104%4.876-132%2.842-155%
Usd Market Cap45846274.000+60%18179739.03018179739.0300%6106722.710+198%10595166.228+72%5886203.460+209%
Usd Price Per Share9.700+70%2.9102.9100%1.030+183%2.002+45%1.112+162%
Usd Profit---43888242.000-43888242.0000%4430941.000-1090%-25256017.600-42%-7159789.556-84%
Usd Revenue--32328119.00032328119.0000%51450247.000-37%106176905.200-70%79837846.889-60%
Usd Total Gains Per Share---10.726-10.7260%38.998-128%10.373-203%5.890-282%
 EOD+5 -3MRQTTM+0 -0YOY+9 -255Y+19 -1710Y+17 -19

4.2. Fundamental Score

Let's check the fundamental score of Ebang International Holdings based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.381
Price to Book Ratio (EOD)Between0-10.188
Net Profit Margin (MRQ)Greater than0-1.358
Operating Margin (MRQ)Greater than0-0.705
Quick Ratio (MRQ)Greater than117.196
Current Ratio (MRQ)Greater than117.375
Debt to Asset Ratio (MRQ)Less than10.065
Debt to Equity Ratio (MRQ)Less than10.070
Return on Equity (MRQ)Greater than0.15-0.138
Return on Assets (MRQ)Greater than0.05-0.128
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Ebang International Holdings based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.332
Ma 20Greater thanMa 509.894
Ma 50Greater thanMa 1009.877
Ma 100Greater thanMa 2009.688
OpenGreater thanClose9.050
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Accumulated Other Comprehensive Income  2,634-6511,9831,4193,4027814,183-4,828-645



Latest Balance Sheet

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

Summary
Total Assets344,165
Total Liabilities22,377
Total Stockholder Equity318,932
 As reported
Total Liabilities 22,377
Total Stockholder Equity+ 318,932
Total Assets = 344,165

Assets

Total Assets344,165
Total Current Assets269,105
Long-term Assets75,060
Total Current Assets
Cash And Cash Equivalents 251,324
Short-term Investments 5,835
Net Receivables 3,335
Inventory 1,618
Other Current Assets 6,993
Total Current Assets  (as reported)269,105
Total Current Assets  (calculated)269,105
+/-0
Long-term Assets
Property Plant Equipment 42,412
Goodwill 2,300
Intangible Assets 9,190
Long-term Assets Other 22,554
Long-term Assets  (as reported)75,060
Long-term Assets  (calculated)76,456
+/- 1,397

Liabilities & Shareholders' Equity

Total Current Liabilities15,488
Long-term Liabilities6,890
Total Stockholder Equity318,932
Total Current Liabilities
Short-term Debt 1,501
Accounts payable 1,457
Other Current Liabilities 11,519
Total Current Liabilities  (as reported)15,488
Total Current Liabilities  (calculated)14,477
+/- 1,011
Long-term Liabilities
Capital Lease Obligations 7,257
Long-term Liabilities  (as reported)6,890
Long-term Liabilities  (calculated)7,257
+/- 368
Total Stockholder Equity
Common Stock24
Retained Earnings -78,069
Accumulated Other Comprehensive Income -645
Other Stockholders Equity 397,621
Total Stockholder Equity (as reported)318,932
Total Stockholder Equity (calculated)318,932
+/-0
Other
Capital Stock24
Cash and Short Term Investments 257,159
Common Stock Shares Outstanding 6,247
Current Deferred Revenue1,011
Liabilities and Stockholders Equity 344,165
Net Debt -244,067
Net Invested Capital 318,932
Net Working Capital 253,618
Property Plant and Equipment Gross 67,210
Short Long Term Debt Total 7,257



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
13,074
29,467
46,370
332,203
149,459
82,611
144,200
385,864
344,165
344,165385,864144,20082,611149,459332,20346,37029,46713,074
   > Total Current Assets 
8,431
25,820
35,810
313,087
125,033
28,829
68,600
298,832
269,105
269,105298,83268,60028,829125,033313,08735,81025,8208,431
       Cash And Cash Equivalents 
990
13,999
9,998
132,658
9,998
3,464
13,669
240,043
251,324
251,324240,04313,6693,4649,998132,6589,99813,999990
       Short-term Investments 
0
53
42
38
0
0
40,835
35,443
5,835
5,83535,44340,835003842530
       Net Receivables 
5,869
9,263
14,738
18,276
21,577
8,128
7,971
9,873
3,335
3,3359,8737,9718,12821,57718,27614,7389,2635,869
       Inventory 
1,073
2,265
7,107
162,114
66,269
13,089
3,845
8,195
1,618
1,6188,1953,84513,08966,269162,1147,1072,2651,073
       Other Current Assets 
500
292
3,967
0
27,190
4,148
1,129
5,278
6,993
6,9935,2781,1294,14827,19003,967292500
   > Long-term Assets 
4,472
3,445
7,469
19,116
21,698
18,326
75,600
87,032
75,060
75,06087,03275,60018,32621,69819,1167,4693,4454,472
       Property Plant Equipment 
741
577
716
8,269
16,998
14,542
30,039
36,599
42,412
42,41236,59930,03914,54216,9988,269716577741
       Goodwill 
0
0
1,816
1,937
0
0
0
0
2,300
2,30000001,9371,81600
       Intangible Assets 
3,731
2,867
4,937
5,800
4,700
3,784
23,077
22,512
9,190
9,19022,51223,0773,7844,7005,8004,9372,8673,731
       Other Assets 
171
203
3,092
0
2,728
35,456
22,483
0
0
0022,48335,4562,72803,092203171
> Total Liabilities 
2,405
4,700
15,872
226,438
81,627
57,040
34,376
16,885
22,377
22,37716,88534,37657,04081,627226,43815,8724,7002,405
   > Total Current Liabilities 
2,405
4,696
15,183
225,771
76,998
39,047
34,257
14,705
15,488
15,48814,70534,25739,04776,998225,77115,1834,6962,405
       Short-term Debt 
0
305
11,482
5,709
23,038
5,695
2,531
1,447
1,501
1,5011,4472,5315,69523,0385,70911,4823050
       Short Long Term Debt 
0
0
0
0
23,038
4,865
1,854
0
0
001,8544,86523,0380000
       Accounts payable 
1,140
2,217
3,709
9,886
51,354
11,832
2,762
3,388
1,457
1,4573,3882,76211,83251,3549,8863,7092,2171,140
       Other Current Liabilities 
1,264
2,103
-94
23,832
596
20,504
26,900
8,976
11,519
11,5198,97626,90020,50459623,832-942,1031,264
   > Long-term Liabilities 
0
4
689
667
4,629
17,632
120
2,179
6,890
6,8902,17912017,6324,62966768940
       Other Liabilities 
0
24
4,786
0
0
0
1
179
0
017910004,786240
       Deferred Long Term Liability 
0
232
18,315
0
0
0
0
0
0
00000018,3152320
> Total Stockholder Equity
10,670
24,767
26,064
97,681
61,571
17,979
103,126
363,743
318,932
318,932363,743103,12617,97961,57197,68126,06424,76710,670
   Common Stock
8,223
10,792
15,137
17,164
14
14
17
24
24
242417141417,16415,13710,7928,223
   Retained Earnings 
2,447
6,070
6,156
58,990
45,547
3,144
-38,581
-34,180
-78,069
-78,069-34,180-38,5813,14445,54758,9906,1566,0702,447
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 
0
7,298
3,977
16,794
13,375
12,838
138,289
393,717
397,621
397,621393,717138,28912,83813,37516,7943,9777,2980



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue32,328
Cost of Revenue-12,441
Gross Profit19,88719,887
 
Operating Income (+$)
Gross Profit19,887
Operating Expense-42,668
Operating Income-22,781-22,781
 
Operating Expense (+$)
Research Development5,147
Selling General Administrative59,467
Selling And Marketing Expenses1,956
Operating Expense42,66866,570
 
Net Interest Income (+$)
Interest Income4,363
Interest Expense-796
Other Finance Cost-796
Net Interest Income4,363
 
Pretax Income (+$)
Operating Income-22,781
Net Interest Income4,363
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-45,830268
EBIT - interestExpense = -23,577
-43,961
-43,092
Interest Expense796
Earnings Before Interest and Taxes (EBIT)-22,781-45,034
Earnings Before Interest and Taxes (EBITDA)-12,070
 
After tax Income (+$)
Income Before Tax-45,830
Tax Provision--73
Net Income From Continuing Ops-45,757-45,757
Net Income-43,888
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses55,109
Total Other Income/Expenses Net-23,049-4,363
 

Technical Analysis of Ebang
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 Ebang. The general trend of Ebang is BULLISH with 42.9% 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 Ebang'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 (42.9%) Bearish trend (-42.9%)
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 Ebang International Holdings.

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: 14.19 < 18.94 < 19.02.

The bearish price targets are: 8.75 > 8.48 > 8.23.

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Ebang International Holdings 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 Ebang International Holdings. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-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 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

Ebang International Holdings 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 Ebang International Holdings. The current macd is -0.30465553.

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 Ebang price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ebang. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ebang price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Ebang International Holdings Daily Moving Average Convergence/Divergence (MACD) ChartEbang International Holdings 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 Ebang International Holdings. The current adx is 23.77.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Ebang shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Ebang International Holdings 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 Ebang International Holdings. The current sar is 11.00.

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
Ebang International Holdings 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 Ebang International Holdings. The current rsi is 49.33. 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
Ebang International Holdings Daily Relative Strength Index (RSI) ChartEbang International Holdings 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 Ebang International Holdings. 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 Ebang price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ebang International Holdings Daily Stochastic Oscillator ChartEbang International Holdings 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 Ebang International Holdings. The current cci is -22.49785508.

Ebang International Holdings Daily Commodity Channel Index (CCI) ChartEbang International Holdings 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 Ebang International Holdings. The current cmo is 1.93873104.

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
Ebang International Holdings Daily Chande Momentum Oscillator (CMO) ChartEbang International Holdings 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 Ebang International Holdings. The current willr is -60.4989605.

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 Ebang is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ebang International Holdings Daily Williams %R ChartEbang International Holdings 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 Ebang International Holdings.

Ebang International Holdings 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 Ebang International Holdings. The current atr is 1.14116201.

Ebang International Holdings Daily Average True Range (ATR) ChartEbang International Holdings 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 Ebang International Holdings. The current obv is 3,852,601.

Ebang International Holdings Daily On-Balance Volume (OBV) ChartEbang International Holdings 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 Ebang International Holdings. The current mfi is 50.06.

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
Ebang International Holdings Daily Money Flow Index (MFI) ChartEbang International Holdings Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ebang International Holdings.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-04MACD 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.
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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal 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).
2023-12-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05DMI 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
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08DMI 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
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-13STOCH 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).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Ebang International Holdings Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ebang International Holdings based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.332
Ma 20Greater thanMa 509.894
Ma 50Greater thanMa 1009.877
Ma 100Greater thanMa 2009.688
OpenGreater thanClose9.050
Total3/5 (60.0%)
Penke

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