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Manila Electric Co
Buy, Hold or Sell?

Let's analyze Manila Electric Co together

I guess you are interested in Manila Electric Co. 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 Manila Electric Co. 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.

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1. Quick Overview

1.1. Quick analysis of Manila Electric Co (30 sec.)










1.2. What can you expect buying and holding a share of Manila Electric Co? (30 sec.)

How much money do you get?

How much money do you get?
₱1.03
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
₱97.32
Expected worth in 1 year
₱148.65
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
₱111.29
Return On Investment
23.2%

For what price can you sell your share?

Current Price per Share
₱480.00
Expected price per share
₱425.20 - ₱500.00
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Manila Electric Co (5 min.)




Live pricePrice per Share (EOD)
₱480.00
Intrinsic Value Per Share
₱-303.53 - ₱-95.27
Total Value Per Share
₱-206.21 - ₱2.05

2.2. Growth of Manila Electric Co (5 min.)




Is Manila Electric Co growing?

Current yearPrevious yearGrowGrow %
How rich?$1.8b$1.6b$247.2m13.2%

How much money is Manila Electric Co making?

Current yearPrevious yearGrowGrow %
Making money$486.1m$401.8m$84.3m17.4%
Net Profit Margin6.7%7.4%--

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

2.3. Financial Health of Manila Electric Co (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Manila Electric Co?

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

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

Speculation

The Price per Share of Manila Electric Co is ₱480.00. 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 Manila Electric Co.
  • 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 Manila Electric Co, 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 ₱97.32. Based on the TTM, the Book Value Change Per Share is ₱12.83 per quarter. Based on the YOY, the Book Value Change Per Share is ₱14.17 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 ₱14.99 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Manila Electric Co.

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 Eps0.430.1%0.430.1%0.360.1%0.350.1%0.260.1%
Usd Book Value Change Per Share0.220.0%0.220.0%0.240.1%0.110.0%0.240.0%
Usd Dividend Per Share0.260.1%0.260.1%0.210.0%0.240.1%0.280.1%
Usd Total Gains Per Share0.480.1%0.480.1%0.450.1%0.350.1%0.520.1%
Usd Price Per Share5.11-5.11-5.05-5.41-5.23-
Price to Earnings Ratio11.84-11.84-14.16-16.02-12.65-
Price-to-Total Gains Ratio10.74-10.74-11.19-17.22-15.50-
Price to Book Ratio3.07-3.07-3.49-4.04-3.25-
Price-to-Total Gains Ratio10.74-10.74-11.19-17.22-15.50-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.208
Number of shares121
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.260.24
Usd Book Value Change Per Share0.220.11
Usd Total Gains Per Share0.480.35
Gains per Quarter (121 shares)57.5742.62
Gains per Year (121 shares)230.26170.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
112410622011853160
2248212450235106330
3372319680353159500
4496425910470212670
56205311140588265840
674463713707053181010
786874316008233711180
899285018309404241350
91116956206010584771520
1012411062229011755301690

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%5.02.00.071.4%5.02.00.071.4%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of Manila Electric Co 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--12.83212.8320%14.170-9%6.399+101%13.903-8%
Book Value Per Share--97.32197.3210%84.489+15%79.937+22%59.006+65%
Current Ratio--0.7500.7500%0.848-12%0.884-15%0.951-21%
Debt To Asset Ratio--0.7890.7890%0.803-2%0.782+1%0.760+4%
Debt To Equity Ratio--3.7353.7350%4.078-8%3.615+3%3.232+16%
Dividend Per Share--14.98914.9890%12.201+23%14.199+6%16.222-8%
Eps--25.23125.2310%20.853+21%20.331+24%15.196+66%
Free Cash Flow Per Share---7.526-7.5260%15.016-150%12.210-162%13.935-154%
Free Cash Flow To Equity Per Share---9.544-9.5440%24.655-139%4.079-334%3.675-360%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---95.270--------
Intrinsic Value_10Y_min---303.533--------
Intrinsic Value_1Y_max--7.536--------
Intrinsic Value_1Y_min---3.579--------
Intrinsic Value_3Y_max--9.624--------
Intrinsic Value_3Y_min---34.061--------
Intrinsic Value_5Y_max---3.984--------
Intrinsic Value_5Y_min---89.854--------
Market Cap--336696083892.000336696083892.0000%332639504568.000+1%356753614994.000-6%272516992488.222+24%
Net Profit Margin--0.0670.0670%0.074-10%0.071-6%0.072-8%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.8340.8340%0.759+10%0.793+5%0.792+5%
Pb Ratio4.932+38%3.0703.0700%3.494-12%4.035-24%3.247-5%
Pe Ratio19.024+38%11.84311.8430%14.156-16%16.022-26%12.650-6%
Price Per Share480.000+38%298.800298.8000%295.200+1%316.600-6%305.844-2%
Price To Free Cash Flow Ratio-63.775-61%-39.700-39.7000%19.658-302%8.698-556%8.666-558%
Price To Total Gains Ratio17.253+38%10.74010.7400%11.194-4%17.225-38%15.498-31%
Quick Ratio--0.6690.6690%0.797-16%0.931-28%0.929-28%
Return On Assets--0.0550.0550%0.049+13%0.056-2%0.061-10%
Return On Equity--0.2590.2590%0.247+5%0.254+2%0.252+3%
Total Gains Per Share--27.82127.8210%26.370+6%20.598+35%30.125-8%
Usd Book Value--1875254400.0001875254400.0000%1627988400.000+15%1540289340.000+22%1439884600.000+30%
Usd Book Value Change Per Share--0.2190.2190%0.242-9%0.109+101%0.238-8%
Usd Book Value Per Share--1.6641.6640%1.445+15%1.367+22%1.009+65%
Usd Dividend Per Share--0.2560.2560%0.209+23%0.243+6%0.277-8%
Usd Eps--0.4310.4310%0.357+21%0.348+24%0.260+66%
Usd Free Cash Flow---145025100.000-145025100.0000%289349100.000-150%235268640.000-162%339545200.000-143%
Usd Free Cash Flow Per Share---0.129-0.1290%0.257-150%0.209-162%0.238-154%
Usd Free Cash Flow To Equity Per Share---0.163-0.1630%0.422-139%0.070-334%0.063-360%
Usd Market Cap--5757503034.5535757503034.5530%5688135528.113+1%6100486816.397-6%4660040571.549+24%
Usd Price Per Share8.208+38%5.1095.1090%5.048+1%5.414-6%5.230-2%
Usd Profit--486170100.000486170100.0000%401815800.000+21%391750740.000+24%363390200.000+34%
Usd Revenue--7293645900.0007293645900.0000%5447153700.000+34%5560465140.000+31%5057340200.000+44%
Usd Total Gains Per Share--0.4760.4760%0.451+6%0.352+35%0.515-8%
 EOD+3 -3MRQTTM+0 -0YOY+21 -135Y+18 -1610Y+14 -20

3.3 Fundamental Score

Let's check the fundamental score of Manila Electric Co based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.024
Price to Book Ratio (EOD)Between0-14.932
Net Profit Margin (MRQ)Greater than00.067
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.669
Current Ratio (MRQ)Greater than10.750
Debt to Asset Ratio (MRQ)Less than10.789
Debt to Equity Ratio (MRQ)Less than13.735
Return on Equity (MRQ)Greater than0.150.259
Return on Assets (MRQ)Greater than0.050.055
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Manila Electric Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.541
Ma 20Greater thanMa 50485.630
Ma 50Greater thanMa 100479.466
Ma 100Greater thanMa 200436.828
OpenGreater thanClose480.000
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About Manila Electric Co

4.2 In-depth Summary

4.2.1. Financial Health Summary

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

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Manila Electric Co earns for each ₱1 of revenue.

  • Above 10% is considered healthy but always compare Manila Electric Co to the Electrical Utilities & IPPs industry mean.
  • A Net Profit Margin of 6.7% means that ₱0.07 for each ₱1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Manila Electric Co:

  • The MRQ is 6.7%. The company is making a profit. +1
  • The TTM is 6.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.7%TTM6.7%0.0%
TTM6.7%YOY7.4%-0.7%
TTM6.7%5Y7.1%-0.4%
5Y7.1%10Y7.2%-0.2%
4.3.1.2. Return on Assets

Shows how efficient Manila Electric Co is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Manila Electric Co to the Electrical Utilities & IPPs industry mean.
  • 5.5% Return on Assets means that Manila Electric Co generated ₱0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Manila Electric Co:

  • The MRQ is 5.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.5%TTM5.5%0.0%
TTM5.5%YOY4.9%+0.6%
TTM5.5%5Y5.6%-0.1%
5Y5.6%10Y6.1%-0.5%
4.3.1.3. Return on Equity

Shows how efficient Manila Electric Co is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Manila Electric Co to the Electrical Utilities & IPPs industry mean.
  • 25.9% Return on Equity means Manila Electric Co generated ₱0.26 for each ₱1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Manila Electric Co:

  • The MRQ is 25.9%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 25.9%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ25.9%TTM25.9%0.0%
TTM25.9%YOY24.7%+1.2%
TTM25.9%5Y25.4%+0.5%
5Y25.4%10Y25.2%+0.2%
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4.3.2. Operating Efficiency of Manila Electric Co.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Manila Electric Co is operating .

  • Measures how much profit Manila Electric Co 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 Manila Electric Co to the Electrical Utilities & IPPs 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 Manila Electric Co:

  • 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%
4.3.2.2. Operating Ratio

Measures how efficient Manila Electric Co is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electrical Utilities & IPPs industry mean).
  • An Operation Ratio of 0.83 means that the operating costs are ₱0.83 for each ₱1 in net sales.

Let's take a look of the Operating Ratio trends of Manila Electric Co:

  • The MRQ is 0.834. The company is less efficient in keeping operating costs low.
  • The TTM is 0.834. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.834TTM0.8340.000
TTM0.834YOY0.759+0.074
TTM0.8345Y0.793+0.041
5Y0.79310Y0.792+0.001
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4.4.3. Liquidity of Manila Electric Co.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Manila Electric Co is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electrical Utilities & IPPs industry mean).
  • A Current Ratio of 0.75 means the company has ₱0.75 in assets for each ₱1 in short-term debts.

Let's take a look of the Current Ratio trends of Manila Electric Co:

  • The MRQ is 0.750. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.750. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.750TTM0.7500.000
TTM0.750YOY0.848-0.098
TTM0.7505Y0.884-0.134
5Y0.88410Y0.951-0.067
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Manila Electric Co to the Electrical Utilities & IPPs industry mean.
  • A Quick Ratio of 0.67 means the company can pay off ₱0.67 for each ₱1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Manila Electric Co:

  • The MRQ is 0.669. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.669. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.669TTM0.6690.000
TTM0.669YOY0.797-0.128
TTM0.6695Y0.931-0.262
5Y0.93110Y0.929+0.002
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4.5.4. Solvency of Manila Electric Co.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Manila Electric Co assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Manila Electric Co to Electrical Utilities & IPPs industry mean.
  • A Debt to Asset Ratio of 0.79 means that Manila Electric Co assets are financed with 78.9% credit (debt) and the remaining percentage (100% - 78.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Manila Electric Co:

  • The MRQ is 0.789. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.789. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.789TTM0.7890.000
TTM0.789YOY0.803-0.014
TTM0.7895Y0.782+0.007
5Y0.78210Y0.760+0.022
4.5.4.2. Debt to Equity Ratio

Measures if Manila Electric Co is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Manila Electric Co to the Electrical Utilities & IPPs industry mean.
  • A Debt to Equity ratio of 373.5% means that company has ₱3.74 debt for each ₱1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Manila Electric Co:

  • The MRQ is 3.735. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.735. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.735TTM3.7350.000
TTM3.735YOY4.078-0.343
TTM3.7355Y3.615+0.120
5Y3.61510Y3.232+0.383
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₱1 in earnings Manila Electric Co generates.

  • Above 15 is considered overpriced but always compare Manila Electric Co to the Electrical Utilities & IPPs industry mean.
  • A PE ratio of 11.84 means the investor is paying ₱11.84 for every ₱1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Manila Electric Co:

  • The EOD is 19.024. Based on the earnings, the company is fair priced.
  • The MRQ is 11.843. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.843. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD19.024MRQ11.843+7.182
MRQ11.843TTM11.8430.000
TTM11.843YOY14.156-2.314
TTM11.8435Y16.022-4.179
5Y16.02210Y12.650+3.372
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Manila Electric Co:

  • The EOD is -63.775. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -39.700. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -39.700. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-63.775MRQ-39.700-24.075
MRQ-39.700TTM-39.7000.000
TTM-39.700YOY19.658-59.358
TTM-39.7005Y8.698-48.399
5Y8.69810Y8.666+0.032
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electrical Utilities & IPPs industry mean).
  • A PB ratio of 3.07 means the investor is paying ₱3.07 for each ₱1 in book value.

Let's take a look of the Price to Book Ratio trends of Manila Electric Co:

  • The EOD is 4.932. Based on the equity, the company is fair priced.
  • The MRQ is 3.070. Based on the equity, the company is fair priced.
  • The TTM is 3.070. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.932MRQ3.070+1.862
MRQ3.070TTM3.0700.000
TTM3.070YOY3.494-0.424
TTM3.0705Y4.035-0.965
5Y4.03510Y3.247+0.789
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

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

Summary
Total Assets519,261,000
Total Liabilities409,597,000
Total Stockholder Equity109,664,000
 As reported
Total Liabilities 409,597,000
Total Stockholder Equity+ 109,664,000
Total Assets = 519,261,000

Assets

Total Assets519,261,000
Total Current Assets154,287,000
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 17,198,000
Short-term Investments 18,196,000
Net Receivables 45,357,000
Inventory 10,629,000
Other Current Assets 1,214,000
Total Current Assets  (as reported)154,287,000
Total Current Assets  (calculated)92,594,000
+/- 61,693,000
Long-term Assets
Property Plant Equipment 75,845,000
Goodwill 35,000
Intangible Assets 21,534,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)97,414,000
+/- 97,414,000

Liabilities & Shareholders' Equity

Total Current Liabilities205,725,000
Long-term Liabilities0
Total Stockholder Equity109,664,000
Total Current Liabilities
Short-term Debt 30,958,000
Total Current Liabilities  (as reported)205,725,000
Total Current Liabilities  (calculated)30,958,000
+/- 174,767,000
Long-term Liabilities
Long term Debt Total 68,757,000
Capital Lease Obligations Min Short Term Debt-30,958,000
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)37,799,000
+/- 37,799,000
Total Stockholder Equity
Common Stock11,273,000
Retained Earnings 86,693,000
Capital Surplus 4,111,000
Other Stockholders Equity 7,287,000
Total Stockholder Equity (as reported)109,664,000
Total Stockholder Equity (calculated)109,364,000
+/- 300,000
Other
Cash And Equivalents38,634,000
Cash and Short Term Investments 74,028,000
Common Stock Shares Outstanding 1,126,828
Liabilities and Stockholders Equity 519,261,000
Net Working Capital -51,438,000



6.2. Balance Sheets Structured

Currency in PHP. 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 
269,053,000
282,239,000
296,037,000
303,355,000
336,251,000
357,019,000
390,267,000
483,482,000
519,261,000
519,261,000483,482,000390,267,000357,019,000336,251,000303,355,000296,037,000282,239,000269,053,000
   > Total Current Assets 
112,612,000
95,295,000
88,008,000
98,432,000
115,344,000
117,689,000
128,382,000
137,019,000
154,287,000
154,287,000137,019,000128,382,000117,689,000115,344,00098,432,00088,008,00095,295,000112,612,000
       Cash And Cash Equivalents 
63,548,000
45,742,000
40,910,000
39,759,000
27,897,000
29,887,000
19,146,000
20,888,000
17,198,000
17,198,00020,888,00019,146,00029,887,00027,897,00039,759,00040,910,00045,742,00063,548,000
       Short-term Investments 
0
0
1,350,000
17,414,000
38,156,000
36,748,000
8,190,000
17,747,000
18,196,000
18,196,00017,747,0008,190,00036,748,00038,156,00017,414,0001,350,00000
       Net Receivables 
27,232,000
24,852,000
23,706,000
24,922,000
28,538,000
30,606,000
53,920,000
38,241,000
45,357,000
45,357,00038,241,00053,920,00030,606,00028,538,00024,922,00023,706,00024,852,00027,232,000
       Inventory 
2,212,000
2,273,000
2,792,000
3,330,000
3,812,000
4,558,000
5,484,000
9,817,000
10,629,000
10,629,0009,817,0005,484,0004,558,0003,812,0003,330,0002,792,0002,273,0002,212,000
       Other Current Assets 
6,841,000
6,965,000
81,000
158,000
404,000
256,000
751,000
1,253,000
1,214,000
1,214,0001,253,000751,000256,000404,000158,00081,0006,965,0006,841,000
   > Long-term Assets 000000000
       Property Plant Equipment 
31,070,000
32,305,000
35,450,000
38,657,000
35,483,000
42,800,000
52,129,000
60,559,000
75,845,000
75,845,00060,559,00052,129,00042,800,00035,483,00038,657,00035,450,00032,305,00031,070,000
       Goodwill 
36,000
36,000
36,000
35,000
35,000
35,000
35,000
35,000
35,000
35,00035,00035,00035,00035,00035,00036,00036,00036,000
       Intangible Assets 
2,127,000
2,394,000
2,540,000
2,099,000
1,920,000
1,554,000
1,675,000
14,819,000
21,534,000
21,534,00014,819,0001,675,0001,554,0001,920,0002,099,0002,540,0002,394,0002,127,000
> Total Liabilities 
189,899,000
201,963,000
221,620,000
229,745,000
254,209,000
272,789,000
311,030,000
388,278,000
409,597,000
409,597,000388,278,000311,030,000272,789,000254,209,000229,745,000221,620,000201,963,000189,899,000
   > Total Current Liabilities 
83,528,000
93,215,000
104,602,000
105,839,000
115,517,000
127,561,000
142,601,000
161,570,000
205,725,000
205,725,000161,570,000142,601,000127,561,000115,517,000105,839,000104,602,00093,215,00083,528,000
       Short-term Debt 
0
2,565,000
12,977,000
15,082,000
14,915,000
24,872,000
24,845,000
30,304,000
30,958,000
30,958,00030,304,00024,845,00024,872,00014,915,00015,082,00012,977,0002,565,0000
   > Long-term Liabilities 000000000
       Long term Debt Total 
27,743,000
27,370,000
26,999,000
24,786,000
24,745,000
12,745,000
14,809,000
52,720,000
68,757,000
68,757,00052,720,00014,809,00012,745,00024,745,00024,786,00026,999,00027,370,00027,743,000
> Total Stockholder Equity
79,154,000
80,276,000
74,417,000
73,610,000
82,042,000
84,230,000
79,237,000
95,204,000
109,664,000
109,664,00095,204,00079,237,00084,230,00082,042,00073,610,00074,417,00080,276,00079,154,000
   Common Stock
11,265,000
11,273,000
11,273,000
11,273,000
11,273,000
11,273,000
11,273,000
11,273,000
11,273,000
11,273,00011,273,00011,273,00011,273,00011,273,00011,273,00011,273,00011,273,00011,265,000
   Retained Earnings 
62,040,000
63,950,000
54,858,000
54,903,000
62,855,000
68,041,000
67,347,000
76,327,000
86,693,000
86,693,00076,327,00067,347,00068,041,00062,855,00054,903,00054,858,00063,950,00062,040,000
   Capital Surplus 
4,111,000
4,111,000
4,111,000
4,111,000
4,111,000
4,111,000
4,111,000
4,111,000
4,111,000
4,111,0004,111,0004,111,0004,111,0004,111,0004,111,0004,111,0004,111,0004,111,000
   Treasury Stock00-11,000-11,000-11,000-11,000-11,000-11,0000
   Other Stockholders Equity 
1,637,000
851,000
4,457,000
3,494,000
4,109,000
589,000
-3,807,000
3,002,000
7,287,000
7,287,0003,002,000-3,807,000589,0004,109,0003,494,0004,457,000851,0001,637,000



6.3. Balance Sheets

Currency in PHP. All numbers in thousands.




6.4. Cash Flows

Currency in PHP. All numbers in thousands.




6.5. Income Statements

Currency in PHP. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2022-12-31. Currency in PHP. All numbers in thousands.

Gross Profit (+$)
totalRevenue426,529,000
Cost of Revenue-355,568,000
Gross Profit070,961,000
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income20,181,0000
 
Operating Expense (+$)
Research Development0
Selling General Administrative19,926,000
Selling And Marketing Expenses0
Operating Expense019,926,000
 
Net Interest Income (+$)
Interest Income13,794,000
Interest Expense-4,000
Other Finance Cost-13,790,000
Net Interest Income0
 
Pretax Income (+$)
Operating Income20,181,000
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)35,236,00020,181,000
EBIT - interestExpense = -4,000
28,431,000
28,435,000
Interest Expense4,000
Earnings Before Interest and Taxes (EBIT)035,240,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax35,236,000
Tax Provision-6,648,000
Net Income From Continuing Ops028,588,000
Net Income28,431,000
Net Income Applicable To Common Shares28,431,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Manila Electric Co
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 Manila Electric Co. The general trend of Manila Electric Co 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 Manila Electric Co'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 Manila Electric Co.

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: 500.00 < 500.00 < 500.00.

The bearish price targets are: 450.00 > 425.20 > 425.20.

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Manila Electric Co 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 Manila Electric Co. 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

Manila Electric Co 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 Manila Electric Co. The current macd is 1.41140096.

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 Manila Electric Co price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Manila Electric Co. 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 Manila Electric Co 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
Manila Electric Co Daily Moving Average Convergence/Divergence (MACD) ChartManila Electric Co 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 Manila Electric Co. The current adx is 20.81.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Manila Electric Co shares, leading to potential downward 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 bearish trend could be forming. -1
Manila Electric Co 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 Manila Electric Co. The current sar is 457.46.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Manila Electric Co Daily Parabolic SAR Chart
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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 Manila Electric Co. The current rsi is 48.54. 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
Manila Electric Co Daily Relative Strength Index (RSI) ChartManila Electric Co 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 Manila Electric Co. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Manila Electric Co price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Manila Electric Co Daily Stochastic Oscillator ChartManila Electric Co 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 Manila Electric Co. The current cci is -64.70888034.

Manila Electric Co Daily Commodity Channel Index (CCI) ChartManila Electric Co 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 Manila Electric Co. The current cmo is -7.55240047.

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
Manila Electric Co Daily Chande Momentum Oscillator (CMO) ChartManila Electric Co 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 Manila Electric Co. The current willr is -40.

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 Manila Electric Co is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Manila Electric Co Daily Williams %R ChartManila Electric Co Daily Williams %R Chart
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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 Manila Electric Co.

Manila Electric Co 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 Manila Electric Co. The current atr is 12.93.

Manila Electric Co Daily Average True Range (ATR) ChartManila Electric Co Daily Average True Range (ATR) Chart
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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 Manila Electric Co. The current obv is 14,300,320.

Manila Electric Co Daily On-Balance Volume (OBV) ChartManila Electric Co 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 Manila Electric Co. The current mfi is 52.72.

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
Manila Electric Co Daily Money Flow Index (MFI) ChartManila Electric Co Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Manila Electric Co.

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
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-12MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-15STOCH 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
2024-07-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-19CCI 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).
2024-07-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-08-05MACD 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-08-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-13STOCH 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).
2024-08-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-09-04MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-09-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-16SAR 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
2024-09-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-23STOCH 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).
2024-09-24BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-04MACD 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).
2024-10-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-10-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-10-15STOCH 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).
2024-10-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-10-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-12STOCH 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
2024-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-11-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-15STOCH 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).
2024-11-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-11-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Manila Electric Co Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Manila Electric Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.541
Ma 20Greater thanMa 50485.630
Ma 50Greater thanMa 100479.466
Ma 100Greater thanMa 200436.828
OpenGreater thanClose480.000
Total3/5 (60.0%)
Penke
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