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Shine Corporate Ltd
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Let's analyse Shine Corporate Ltd together

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

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

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

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Quick analysis of Shine Corporate Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.02
When do you have the money?
1 year
How often do you get paid?
97.4%

What is your share worth?

Current worth
A$1.53
Expected worth in 1 year
A$1.46
How sure are you?
86.8%

+ What do you gain per year?

Total Gains per Share
A$-0.04
Return On Investment
-6.3%

For what price can you sell your share?

Current Price per Share
A$0.69
Expected price per share
A$0.45880173913044 - A$0.80532692307692
How sure are you?
50%

1. Valuation of Shine Corporate Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.69

Intrinsic Value Per Share

A$2.38 - A$8.06

Total Value Per Share

A$3.91 - A$9.59

2. Growth of Shine Corporate Ltd (5 min.)




Is Shine Corporate Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$176.7m$182.6m$26.7m12.8%

How much money is Shine Corporate Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.3m$7.5m-$9.8m-420.0%
Net Profit Margin-4.0%12.2%--

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

3. Financial Health of Shine Corporate Ltd (5 min.)




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




  Industry Rankings (Personal Services)  


Richest
#18 / 49

Most Revenue
#22 / 49

Most Profit
#42 / 49

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

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

What can you expect buying and holding a share of Shine Corporate Ltd?

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

Speculation

The Price per Share of Shine Corporate Ltd is A$0.69. 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 Shine Corporate Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$1.53. Based on the TTM, the Book Value Change Per Share is A$-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.06 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 A$0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shine Corporate Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.000.1%-0.01-2.0%0.046.0%0.023.0%0.023.0%
Usd Book Value Change Per Share-0.02-3.1%-0.01-1.7%0.045.5%0.011.7%0.022.2%
Usd Dividend Per Share0.000.0%0.000.7%0.022.4%0.011.3%0.011.0%
Usd Total Gains Per Share-0.02-3.1%-0.01-1.0%0.057.9%0.023.0%0.023.2%
Usd Price Per Share0.45-0.46-0.70-0.59-0.79-
Price to Earnings Ratio172.50-53.28-5.54-14.24-14.28-
Price-to-Total Gains Ratio-21.22--7.06-18.62-27.35-75.45-
Price to Book Ratio0.45-0.40-0.68-0.63-1.11-
Price-to-Total Gains Ratio-21.22--7.06-18.62-27.35-75.45-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.450087
Number of shares2221
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share-0.010.01
Usd Total Gains Per Share-0.010.02
Gains per Quarter (2221 shares)-15.6345.97
Gains per Year (2221 shares)-62.51183.87
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
143-106-7380104174
287-212-136160208358
3130-318-199240312542
4174-424-262320416726
5217-530-325399520910
6261-636-3884796241094
7304-742-4515597281278
8348-848-5146398321462
9391-954-5777199361646
10435-1060-64079910401830

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 Share1.02.00.033.3%8.02.00.080.0%16.02.00.088.9%36.02.00.094.7%42.02.00.095.5%
Book Value Change Per Share1.02.00.033.3%4.03.03.040.0%9.03.06.050.0%17.010.011.044.7%20.010.014.045.5%
Dividend per Share2.00.01.066.7%9.00.01.090.0%17.00.01.094.4%37.00.01.097.4%43.00.01.097.7%
Total Gains per Share1.02.00.033.3%7.03.00.070.0%15.03.00.083.3%33.05.00.086.8%39.05.00.088.6%

Fundamentals of Shine Corporate Ltd

About Shine Corporate Ltd

Shine Justice Ltd, through its subsidiaries, provides damages-based plaintiff litigation legal and insurance recovery consulting services in Australia and New Zealand. It operates through two segments, Personal Injury and New Practice Areas. The Personal Injury segment provides services related to public liability, workers' compensation, abuse law, and motor vehicle accidents. The New Practice Areas segment offers disability insurance and superannuation claims, asbestos and dust disease, medical law, head trauma, class actions, commercial disputes, employment, private client services, family law, and catastrophic injuries. The company was formerly known as Shine Corporate Ltd and changed its name to Shine Justice Ltd in April 2020. Shine Justice Ltd was founded in 1976 and is based in Brisbane, Australia.

Fundamental data was last updated by Penke on 2024-03-18 12:54:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is 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 cheap.

1.1. Profitability of Shine Corporate Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shine Corporate Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Shine Corporate Ltd to the Personal Services industry mean.
  • A Net Profit Margin of 0.2% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shine Corporate Ltd:

  • The MRQ is 0.2%. The company is not making a profit/loss.
  • The TTM is -4.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM-4.0%+4.2%
TTM-4.0%YOY12.2%-16.2%
TTM-4.0%5Y7.6%-11.6%
5Y7.6%10Y10.4%-2.8%
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%2.9%-2.7%
TTM-4.0%2.9%-6.9%
YOY12.2%3.8%+8.4%
5Y7.6%2.9%+4.7%
10Y10.4%2.6%+7.8%
1.1.2. Return on Assets

Shows how efficient Shine Corporate Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shine Corporate Ltd to the Personal Services industry mean.
  • 0.0% Return on Assets means that Shine Corporate Ltd generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shine Corporate Ltd:

  • The MRQ is 0.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.0%TTM-0.6%+0.6%
TTM-0.6%YOY1.8%-2.4%
TTM-0.6%5Y1.1%-1.6%
5Y1.1%10Y1.3%-0.2%
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%0.6%-0.6%
TTM-0.6%0.7%-1.3%
YOY1.8%0.9%+0.9%
5Y1.1%0.8%+0.3%
10Y1.3%0.9%+0.4%
1.1.3. Return on Equity

Shows how efficient Shine Corporate Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shine Corporate Ltd to the Personal Services industry mean.
  • 0.1% Return on Equity means Shine Corporate Ltd generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shine Corporate Ltd:

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.1%TTM-1.3%+1.4%
TTM-1.3%YOY4.1%-5.5%
TTM-1.3%5Y2.4%-3.8%
5Y2.4%10Y2.6%-0.2%
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%3.0%-2.9%
TTM-1.3%2.8%-4.1%
YOY4.1%2.8%+1.3%
5Y2.4%2.3%+0.1%
10Y2.6%3.2%-0.6%

1.2. Operating Efficiency of Shine Corporate Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shine Corporate Ltd is operating .

  • Measures how much profit Shine Corporate Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Shine Corporate Ltd to the Personal Services industry mean.
  • An Operating Margin of 10.2% means the company generated $0.10  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shine Corporate Ltd:

  • The MRQ is 10.2%. The company is operating less efficient.
  • The TTM is 10.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ10.2%TTM10.0%+0.3%
TTM10.0%YOY21.6%-11.6%
TTM10.0%5Y14.3%-4.3%
5Y14.3%10Y17.3%-3.0%
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ10.2%8.0%+2.2%
TTM10.0%6.0%+4.0%
YOY21.6%5.5%+16.1%
5Y14.3%5.8%+8.5%
10Y17.3%5.2%+12.1%
1.2.2. Operating Ratio

Measures how efficient Shine Corporate Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Personal Services industry mean).
  • An Operation Ratio of 0.82 means that the operating costs are $0.82 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Shine Corporate Ltd:

  • The MRQ is 0.816. The company is less efficient in keeping operating costs low.
  • The TTM is 1.022. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.816TTM1.022-0.205
TTM1.022YOY1.100-0.079
TTM1.0225Y0.549+0.473
5Y0.54910Y0.672-0.123
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8161.026-0.210
TTM1.0220.995+0.027
YOY1.1001.027+0.073
5Y0.5490.991-0.442
10Y0.6720.969-0.297

1.3. Liquidity of Shine Corporate Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shine Corporate Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Personal Services industry mean).
  • A Current Ratio of 2.34 means the company has $2.34 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Shine Corporate Ltd:

  • The MRQ is 2.335. The company is able to pay all its short-term debts. +1
  • The TTM is 1.806. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.335TTM1.806+0.529
TTM1.806YOY2.336-0.530
TTM1.8065Y2.374-0.569
5Y2.37410Y2.120+0.254
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3351.064+1.271
TTM1.8061.064+0.742
YOY2.3361.062+1.274
5Y2.3741.137+1.237
10Y2.1201.149+0.971
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Shine Corporate Ltd to the Personal Services industry mean.
  • A Quick Ratio of 0.27 means the company can pay off $0.27 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shine Corporate Ltd:

  • The MRQ is 0.267. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.657. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.267TTM0.657-0.390
TTM0.657YOY1.011-0.354
TTM0.6575Y1.482-0.825
5Y1.48210Y1.164+0.317
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2670.584-0.317
TTM0.6570.663-0.006
YOY1.0110.755+0.256
5Y1.4820.762+0.720
10Y1.1640.750+0.414

1.4. Solvency of Shine Corporate Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shine Corporate Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shine Corporate Ltd to Personal Services industry mean.
  • A Debt to Asset Ratio of 0.55 means that Shine Corporate Ltd assets are financed with 54.8% credit (debt) and the remaining percentage (100% - 54.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shine Corporate Ltd:

  • The MRQ is 0.548. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.482. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.548TTM0.482+0.066
TTM0.482YOY0.564-0.082
TTM0.4825Y0.547-0.065
5Y0.54710Y0.505+0.041
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5480.575-0.027
TTM0.4820.602-0.120
YOY0.5640.571-0.007
5Y0.5470.602-0.055
10Y0.5050.619-0.114
1.4.2. Debt to Equity Ratio

Measures if Shine Corporate Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shine Corporate Ltd to the Personal Services industry mean.
  • A Debt to Equity ratio of 121.2% means that company has $1.21 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shine Corporate Ltd:

  • The MRQ is 1.212. The company is able to pay all its debts with equity. +1
  • The TTM is 1.104. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.212TTM1.104+0.108
TTM1.104YOY1.296-0.192
TTM1.1045Y1.244-0.140
5Y1.24410Y1.059+0.185
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2121.265-0.053
TTM1.1041.323-0.219
YOY1.2961.320-0.024
5Y1.2441.526-0.282
10Y1.0591.245-0.186

2. Market Valuation of Shine Corporate Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Shine Corporate Ltd generates.

  • Above 15 is considered overpriced but always compare Shine Corporate Ltd to the Personal Services industry mean.
  • A PE ratio of 172.50 means the investor is paying $172.50 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shine Corporate Ltd:

  • The EOD is 172.500. Based on the earnings, the company is expensive. -2
  • The MRQ is 172.500. Based on the earnings, the company is expensive. -2
  • The TTM is 53.281. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD172.500MRQ172.5000.000
MRQ172.500TTM53.281+119.219
TTM53.281YOY5.544+47.736
TTM53.2815Y14.237+39.043
5Y14.23710Y14.284-0.047
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
EOD172.5008.575+163.925
MRQ172.5007.735+164.765
TTM53.2818.822+44.459
YOY5.54415.094-9.550
5Y14.23714.237+0.000
10Y14.28414.284+0.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shine Corporate Ltd:

  • The EOD is 1.329. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.329. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.906. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.329MRQ1.3290.000
MRQ1.329TTM1.906-0.577
TTM1.906YOY0.038+1.868
TTM1.9065Y-4.984+6.890
5Y-4.98410Y13.558-18.541
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.3294.402-3.073
MRQ1.3293.876-2.547
TTM1.9065.841-3.935
YOY0.0384.060-4.022
5Y-4.9849.015-13.999
10Y13.55812.817+0.741
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Personal Services industry mean).
  • A PB ratio of 0.45 means the investor is paying $0.45 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Shine Corporate Ltd:

  • The EOD is 0.451. Based on the equity, the company is cheap. +2
  • The MRQ is 0.451. Based on the equity, the company is cheap. +2
  • The TTM is 0.397. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.451MRQ0.4510.000
MRQ0.451TTM0.397+0.054
TTM0.397YOY0.685-0.288
TTM0.3975Y0.626-0.229
5Y0.62610Y1.107-0.481
Compared to industry (Personal Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.4511.943-1.492
MRQ0.4512.034-1.583
TTM0.3972.113-1.716
YOY0.6852.447-1.762
5Y0.6262.436-1.810
10Y1.1072.359-1.252
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Shine Corporate Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Shine Corporate Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.033-0.018-44%0.058-156%0.018-281%0.023-240%
Book Value Per Share--1.5311.842-17%1.572-3%1.477+4%1.264+21%
Current Ratio--2.3351.806+29%2.3360%2.374-2%2.120+10%
Debt To Asset Ratio--0.5480.482+14%0.564-3%0.547+0%0.505+8%
Debt To Equity Ratio--1.2121.104+10%1.296-6%1.244-3%1.059+14%
Dividend Per Share---0.008-100%0.025-100%0.014-100%0.011-100%
Eps--0.001-0.021+2180%0.064-98%0.032-97%0.032-97%
Free Cash Flow Per Share--0.1300.102+27%-0.041+132%0.024+440%0.019+593%
Free Cash Flow To Equity Per Share--0.0000.000-62%-0.064+56675%0.003-97%0.020-99%
Gross Profit Margin--1.0001.477-32%0.469+113%0.765+31%0.686+46%
Intrinsic Value_10Y_max--8.059--------
Intrinsic Value_10Y_min--2.383--------
Intrinsic Value_1Y_max--0.213--------
Intrinsic Value_1Y_min--0.103--------
Intrinsic Value_3Y_max--1.093--------
Intrinsic Value_3Y_min--0.430--------
Intrinsic Value_5Y_max--2.520--------
Intrinsic Value_5Y_min--0.884--------
Market Cap119550780.000-2%122130000.000122431910.0000%191741360.880-36%159641944.286-23%212005874.960-42%
Net Profit Margin--0.002-0.040+2354%0.122-99%0.076-98%0.104-98%
Operating Margin--0.1020.100+3%0.216-52%0.143-28%0.173-41%
Operating Ratio--0.8161.022-20%1.100-26%0.549+49%0.672+21%
Pb Ratio0.4510%0.4510.397+14%0.685-34%0.626-28%1.107-59%
Pe Ratio172.5000%172.50053.281+224%5.544+3011%14.237+1112%14.284+1108%
Price Per Share0.6900%0.6900.702-2%1.077-36%0.908-24%1.217-43%
Price To Free Cash Flow Ratio1.3290%1.3291.906-30%0.038+3398%-4.984+475%13.558-90%
Price To Total Gains Ratio-21.2240%-21.224-7.061-67%18.625-214%27.352-178%75.449-128%
Quick Ratio--0.2670.657-59%1.011-74%1.482-82%1.164-77%
Return On Assets--0.000-0.006+2025%0.018-98%0.011-97%0.013-98%
Return On Equity--0.001-0.013+2138%0.041-98%0.024-97%0.026-97%
Total Gains Per Share---0.033-0.011-67%0.083-139%0.032-202%0.034-195%
Usd Book Value--176729595.900209423741.633-16%182653132.200-3%168987048.572+5%143859891.890+23%
Usd Book Value Change Per Share---0.021-0.012-44%0.038-156%0.012-281%0.015-240%
Usd Book Value Per Share--0.9981.202-17%1.026-3%0.963+4%0.824+21%
Usd Dividend Per Share---0.005-100%0.016-100%0.009-100%0.007-100%
Usd Eps--0.001-0.014+2180%0.042-98%0.021-97%0.021-97%
Usd Free Cash Flow--14982027.05211682801.934+28%-4756897.750+132%2726903.947+449%2123003.050+606%
Usd Free Cash Flow Per Share--0.0850.067+27%-0.027+132%0.016+440%0.012+593%
Usd Free Cash Flow To Equity Per Share--0.0000.000-62%-0.042+56675%0.002-97%0.013-99%
Usd Market Cap77982973.794-2%79665399.00079862334.8930%125072889.702-36%104134440.258-23%138291432.236-42%
Usd Price Per Share0.4500%0.4500.458-2%0.702-36%0.592-24%0.794-43%
Usd Profit--115457.100-2349910.750+2135%7520149.267-98%3966273.911-97%3548850.771-97%
Usd Revenue--64698375.50060507348.000+7%59447034.350+9%42196652.819+53%33423497.904+94%
Usd Total Gains Per Share---0.021-0.007-67%0.054-139%0.021-202%0.022-195%
 EOD+0 -2MRQTTM+15 -21YOY+12 -245Y+11 -2510Y+12 -24

4.2. Fundamental Score

Let's check the fundamental score of Shine Corporate Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15172.500
Price to Book Ratio (EOD)Between0-10.451
Net Profit Margin (MRQ)Greater than00.002
Operating Margin (MRQ)Greater than00.102
Quick Ratio (MRQ)Greater than10.267
Current Ratio (MRQ)Greater than12.335
Debt to Asset Ratio (MRQ)Less than10.548
Debt to Equity Ratio (MRQ)Less than11.212
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.000
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Shine Corporate Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.527
Ma 20Greater thanMa 500.634
Ma 50Greater thanMa 1000.680
Ma 100Greater thanMa 2000.684
OpenGreater thanClose0.700
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets599,136
Total Liabilities328,203
Total Stockholder Equity270,769
 As reported
Total Liabilities 328,203
Total Stockholder Equity+ 270,769
Total Assets = 599,136

Assets

Total Assets599,136
Total Current Assets324,282
Long-term Assets274,854
Total Current Assets
Cash And Cash Equivalents 20,899
Net Receivables 16,214
Inventory 280,748
Other Current Assets 6,421
Total Current Assets  (as reported)324,282
Total Current Assets  (calculated)324,282
+/- 0
Long-term Assets
Property Plant Equipment 36,606
Long-term Assets Other 222,864
Long-term Assets  (as reported)274,854
Long-term Assets  (calculated)259,470
+/- 15,384

Liabilities & Shareholders' Equity

Total Current Liabilities138,869
Long-term Liabilities189,334
Total Stockholder Equity270,769
Total Current Liabilities
Short-term Debt 19,161
Accounts payable 109,153
Other Current Liabilities 10,555
Total Current Liabilities  (as reported)138,869
Total Current Liabilities  (calculated)138,869
+/- 0
Long-term Liabilities
Long-term Liabilities  (as reported)189,334
Long-term Liabilities  (calculated)0
+/- 189,334
Total Stockholder Equity
Common Stock53,223
Retained Earnings 216,849
Accumulated Other Comprehensive Income 1,662
Other Stockholders Equity -965
Total Stockholder Equity (as reported)270,769
Total Stockholder Equity (calculated)270,769
+/-0
Other
Cash and Short Term Investments 20,899
Common Stock Shares Outstanding 177,000
Current Deferred Revenue0
Liabilities and Stockholders Equity 599,136
Net Debt 68,146
Net Working Capital 185,413
Short Long Term Debt Total 89,045



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-12-312023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-31
> Total Assets 
0
0
139,658
155,228
155,228
184,837
184,837
199,551
199,551
206,847
212,721
284,900
284,900
316,073
316,073
325,110
325,110
341,050
341,051
347,539
347,539
382,934
382,934
428,150
428,150
429,714
429,714
481,491
481,491
505,580
505,580
520,798
520,798
0
540,419
0
549,546
0
573,191
0
573,996
613,344
654,242
636,170
636,170
621,297
638,754
599,136
599,136638,754621,297636,170636,170654,242613,344573,9960573,1910549,5460540,4190520,798520,798505,580505,580481,491481,491429,714429,714428,150428,150382,934382,934347,539347,539341,051341,050325,110325,110316,073316,073284,900284,900212,721206,847199,551199,551184,837184,837155,228155,228139,65800
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
113,971
0
0
0
142,527
0
0
0
160,249
160,764
160,764
191,072
191,072
217,445
217,445
253,746
253,746
267,434
267,434
272,943
272,943
288,615
288,615
296,111
296,111
295,173
295,173
317,469
317,469
281,714
281,714
332,703
332,703
339,098
339,098
308,098
308,098
324,282
324,282308,098308,098339,098339,098332,703332,703281,714281,714317,469317,469295,173295,173296,111296,111288,615288,615272,943272,943267,434267,434253,746253,746217,445217,445191,072191,072160,764160,764160,249000142,527000113,9710000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
11,004
0
0
0
9,393
0
0
0
12,120
11,919
11,919
14,188
14,188
28,877
28,877
22,549
22,549
13,613
13,613
26,697
26,697
24,171
24,171
0
32,812
0
49,515
0
55,992
0
43,055
51,864
51,864
23,474
23,474
21,088
21,088
20,899
20,89921,08821,08823,47423,47451,86451,86443,055055,992049,515032,812024,17124,17126,69726,69713,61313,61322,54922,54928,87728,87714,18814,18811,91911,91912,1200009,39300011,0040000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
313
0
0
0
0
0
0
2,494
893
1,139
1,139
1,398
1,398
0
01,3981,3981,1391,1398932,4940000003130000000000000000000000000000000000
       Net Receivables 
0
0
26,047
30,341
30,341
30,749
30,749
28,913
28,913
24,982
5,433
36,540
36,540
40,478
15,176
43,170
43,170
46,196
17,117
43,231
43,231
47,618
19,046
51,023
51,023
68,363
12,221
251,686
251,439
243,376
10,479
262,047
262,047
260,316
10,876
242,594
242,594
257,390
14,035
235,350
235,350
15,131
15,131
308,623
14,976
279,225
14,891
16,214
16,21414,891279,22514,976308,62315,13115,131235,350235,35014,035257,390242,594242,59410,876260,316262,047262,04710,479243,376251,439251,68612,22168,36351,02351,02319,04647,61843,23143,23117,11746,19643,17043,17015,17640,47836,54036,5405,43324,98228,91328,91330,74930,74930,34130,34126,04700
       Other Current Assets 
0
0
595
796
796
853
853
829
829
1,095
20,644
1,451
1,451
742
26,045
797
797
645
29,724
869
869
1,973
34,133
1,736
1,736
2,589
58,731
2,135
2,135
2,870
59,595
2,397
2,397
0
249,118
0
3,064
4,087
243,350
3,622
3,622
262,321
8,040
1,981
7,314
1,894
7,786
6,421
6,4217,7861,8947,3141,9818,040262,3213,6223,622243,3504,0873,0640249,11802,3972,39759,5952,8702,1352,13558,7312,5891,7361,73634,1331,97386986929,72464579779726,0457421,4511,45120,6441,09582982985385379679659500
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
98,749
0
0
0
173,546
0
0
0
180,803
0
0
0
191,862
0
0
0
175,968
0
0
0
232,637
0
0
0
244,308
0
0
0
255,722
0
0
280,641
321,539
94,447
297,072
100,768
330,656
274,854
274,854330,656100,768297,07294,447321,539280,64100255,722000244,308000232,637000175,968000191,862000180,803000173,54600098,7490000000000
       Property Plant Equipment 
0
0
3,969
5,279
5,279
5,134
5,134
4,642
4,642
4,577
4,577
5,923
5,923
6,643
6,643
6,209
6,209
5,396
5,396
5,552
5,552
8,067
8,067
7,981
7,981
7,635
7,635
49,581
49,581
50,910
50,910
47,728
47,728
43,881
43,881
40,557
40,557
38,250
38,250
38,078
38,078
37,722
37,722
46,041
46,041
44,148
44,148
36,606
36,60644,14844,14846,04146,04137,72237,72238,07838,07838,25038,25040,55740,55743,88143,88147,72847,72850,91050,91049,58149,5817,6357,6357,9817,9818,0678,0675,5525,5525,3965,3966,2096,2096,6436,6435,9235,9234,5774,5774,6424,6425,1345,1345,2795,2793,96900
       Goodwill 
0
0
3,561
0
0
6,797
6,797
6,797
6,797
6,797
6,797
32,737
32,737
0
37,083
42,412
42,412
42,412
42,412
37,662
37,662
37,659
37,659
37,648
37,648
37,650
37,650
32,659
32,659
36,158
36,158
0
0
0
36,152
0
0
0
36,151
0
0
33,185
33,185
0
0
33,189
33,189
0
033,18933,1890033,18533,1850036,15100036,15200036,15836,15832,65932,65937,65037,65037,64837,64837,65937,65937,66237,66242,41242,41242,41242,41237,083032,73732,7376,7976,7976,7976,7976,7976,797003,56100
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
0
0
0
15,115
0
0
0
15,795
0
015,79500015,11500010000000000000000000000000000000000000000
       Intangible Assets 
0
0
4,557
9,257
9,257
7,707
7,707
7,634
7,634
7,909
2,145
33,699
33,699
39,525
2,442
43,259
43,259
43,094
3,309
41,531
41,531
40,301
11,338
39,087
39,087
363
10,641
1,471
12,341
1,202
11,786
48,148
48,148
0
12,797
0
49,153
0
12,427
0
48,484
13,813
46,998
47,681
47,681
13,879
47,068
0
047,06813,87947,68147,68146,99813,81348,484012,427049,153012,797048,14848,14811,7861,20212,3411,47110,64136339,08739,08711,33840,30141,53141,5313,30943,09443,25943,2592,44239,52533,69933,6992,1457,9097,6347,6347,7077,7079,2579,2574,55700
       Other Assets 
0
0
22,559
23,439
23,439
43,234
43,234
70,335
70,335
92,066
94,172
134,698
134,698
166,904
166,904
169,599
169,599
175,406
175,407
181,223
181,223
187,383
187,383
202,724
202,724
130,320
130,320
130,346
130,346
144,367
144,367
136,307
136,307
159,413
159,413
164,663
164,663
174,918
174,918
205,110
205,110
195,821
195,821
202,625
0
212,431
212,431
0
0212,431212,4310202,625195,821195,821205,110205,110174,918174,918164,663164,663159,413159,413136,307136,307144,367144,367130,346130,346130,320130,320202,724202,724187,383187,383181,223181,223175,407175,406169,599169,599166,904166,904134,698134,69894,17292,06670,33570,33543,23443,23423,43923,43922,55900
> Total Liabilities 
0
0
64,517
73,850
73,850
81,689
81,689
87,723
87,723
86,949
92,823
121,632
121,632
139,883
139,883
148,832
148,832
151,274
151,286
158,173
158,173
178,456
178,456
219,569
219,569
211,574
211,574
268,723
268,723
283,172
283,172
293,325
293,396
0
303,199
0
306,668
0
318,050
0
311,631
335,540
376,438
355,051
355,051
199,911
367,910
328,203
328,203367,910199,911355,051355,051376,438335,540311,6310318,0500306,6680303,1990293,396293,325283,172283,172268,723268,723211,574211,574219,569219,569178,456178,456158,173158,173151,286151,274148,832148,832139,883139,883121,632121,63292,82386,94987,72387,72381,68981,68973,85073,85064,51700
   > Total Current Liabilities 
0
0
30,474
36,329
36,329
25,562
25,562
26,769
26,769
27,547
31,314
40,344
40,344
67,833
67,833
73,500
73,500
53,351
53,362
49,853
49,853
61,739
61,739
94,007
94,007
81,243
81,243
95,833
95,833
99,082
99,082
109,755
109,755
116,955
116,955
121,010
121,010
129,931
129,931
119,511
119,511
138,733
138,733
147,095
147,095
199,911
199,911
138,869
138,869199,911199,911147,095147,095138,733138,733119,511119,511129,931129,931121,010121,010116,955116,955109,755109,75599,08299,08295,83395,83381,24381,24394,00794,00761,73961,73949,85349,85353,36253,35173,50073,50067,83367,83340,34440,34431,31427,54726,76926,76925,56225,56236,32936,32930,47400
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
5,044
0
0
0
19,963
0
0
0
12,740
52,204
52,204
52,029
3,288
16,150
16,150
753
4,588
2,212
2,212
908
11,065
2,642
2,642
0
11,624
0
0
0
12,633
0
0
14,298
14,298
0
15,995
0
80,873
19,161
19,16180,873015,995014,29814,2980012,63300011,62402,6422,64211,0659082,2122,2124,58875316,15016,1503,28852,02952,20452,20412,74000019,9630005,0440000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,204
52,204
52,029
52,029
16,150
16,150
753
753
2,212
2,212
908
3,581
2,642
2,642
0
87,719
0
0
0
4,504
0
0
0
5,196
0
0
0
64,424
0
064,4240005,1960004,50400087,71902,6422,6423,5819082,2122,21275375316,15016,15052,02952,02952,20452,2040000000000000000000
       Accounts payable 
0
0
815
13,099
13,099
4,196
4,196
15,302
15,302
1,889
1,889
18,717
18,717
2,208
2,208
7,771
7,771
4,364
4,364
12,132
12,132
7,330
7,924
14,714
14,714
5,318
5,318
16,413
16,413
6,693
6,693
13,384
13,384
5,676
5,676
14,394
14,394
6,823
6,823
14,172
14,172
6,444
113,864
11,928
119,924
5,457
107,667
109,153
109,153107,6675,457119,92411,928113,8646,44414,17214,1726,8236,82314,39414,3945,6765,67613,38413,3846,6936,69316,41316,4135,3185,31814,71414,7147,9247,33012,13212,1324,3644,3647,7717,7712,2082,20818,71718,7171,8891,88915,30215,3024,1964,19613,09913,09981500
       Other Current Liabilities 
0
0
16,927
7,131
7,131
18,920
18,920
8,653
8,653
20,373
20,614
13,352
13,352
45,662
45,661
37,589
37,589
46,853
36,258
31,624
31,624
50,527
50,527
60,067
60,067
65,360
71,337
69,950
69,950
69,669
1,090
85,770
85,770
86,871
154
87,628
87,628
93,203
91,239
83,851
83,851
117,991
10,338
135,167
10,925
194,454
11,371
10,555
10,55511,371194,45410,925135,16710,338117,99183,85183,85191,23993,20387,62887,62815486,87185,77085,7701,09069,66969,95069,95071,33765,36060,06760,06750,52750,52731,62431,62436,25846,85337,58937,58945,66145,66213,35213,35220,61420,3738,6538,65318,92018,9207,1317,13116,92700
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
61,509
0
0
0
72,050
0
0
0
97,923
0
0
0
116,717
0
0
0
130,331
0
0
0
184,090
0
0
0
186,244
0
0
0
188,119
0
0
196,807
237,705
45,000
207,956
0
167,999
189,334
189,334167,9990207,95645,000237,705196,80700188,119000186,244000184,090000130,331000116,71700097,92300072,05000061,5090000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
93,937
0
0
0
93,501
0
89,322
0
84,978
0
80,693
0
78,487
0
78,416
0
85,598
0
31,007
0
031,007085,598078,416078,487080,693084,978089,322093,50100093,9370000000000000000000000000000
       Other Liabilities 
0
0
3,185
3,363
3,363
2,615
2,615
3,780
3,780
1,774
3,881
19,998
19,998
13,884
13,884
7,390
7,390
7,203
7,203
2,714
2,714
2,717
2,717
2,863
2,863
77,455
77,455
78,953
78,953
86,204
86,204
90,069
90,069
96,922
96,922
100,572
100,572
107,426
107,426
113,454
113,454
118,391
118,391
122,358
122,358
119,535
119,535
0
0119,535119,535122,358122,358118,391118,391113,454113,454107,426107,426100,572100,57296,92296,92290,06990,06986,20486,20478,95378,95377,45577,4552,8632,8632,7172,7172,7142,7147,2037,2037,3907,39013,88413,88419,99819,9983,8811,7743,7803,7802,6152,6153,3633,3633,18500
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,854
4,854
8,696
8,696
10,251
10,251
10,278
10,278
10,870
10,870
10,584
10,584
0
0
7,935
7,935
0
0
6,124
6,124
0
0
0
0
0
0
0
0
0
0000000006,1246,124007,9357,9350010,58410,58410,87010,87010,27810,27810,25110,2518,6968,6964,8544,8540000000000000000000
> Total Stockholder Equity
0
0
75,141
81,378
81,378
103,148
103,148
111,827
111,827
119,898
119,898
163,268
163,268
176,190
176,190
176,278
176,278
189,776
189,766
189,366
189,366
204,478
204,478
208,581
208,581
218,140
218,140
212,768
212,768
222,303
222,303
227,402
227,402
0
237,117
0
242,878
0
255,000
0
262,365
277,638
277,638
279,817
280,943
269,895
270,681
270,769
270,769270,681269,895280,943279,817277,638277,638262,3650255,0000242,8780237,1170227,402227,402222,303222,303212,768212,768218,140218,140208,581208,581204,478204,478189,366189,366189,766189,776176,278176,278176,190176,190163,268163,268119,898119,898111,827111,827103,148103,14881,37881,37875,14100
   Common Stock
0
0
4,590
5,096
5,096
18,257
18,257
18,257
18,257
18,257
18,257
51,385
51,385
51,385
51,385
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,150
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,223
53,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,22353,15053,15053,15053,15053,15053,15053,15053,15053,15053,15053,15053,15053,15053,15053,15053,15051,38551,38551,38551,38518,25718,25718,25718,25718,25718,2575,0965,0964,59000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
-3,496
0
0
0
-4,790
0
0
0
-5,680
0
0
0
-75
0
0
0
-331
0
0
0
187
0
0
0
380
0
0
0
999
0
0
3,720
3,720
0
1,891
0
1,551
1,662
1,6621,55101,89103,7203,72000999000380000187000-331000-75000-5,680000-4,790000-3,4960000000000
   Capital Surplus 000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12
12
-75
-75
-335
-335
-331
-331
228
228
187
187
757
757
380
380
857
857
937
-62
923
923
-1,325
-1,325
-279,817
-765
-269,895
-765
-965
-965-765-269,895-765-279,817-1,325-1,325923923-62937857857380380757757187187228228-331-331-335-335-75-7512120000000000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue228,547
Cost of Revenue-122,198
Gross Profit106,349106,349
 
Operating Income (+$)
Gross Profit106,349
Operating Expense-161,448
Operating Income50,936-55,099
 
Operating Expense (+$)
Research Development0
Selling General Administrative123,370
Selling And Marketing Expenses11,723
Operating Expense161,448135,093
 
Net Interest Income (+$)
Interest Income623
Interest Expense-7,703
Other Finance Cost-0
Net Interest Income-7,080
 
Pretax Income (+$)
Operating Income50,936
Net Interest Income-7,080
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,96595,907
EBIT - interestExpense = 43,233
5,968
11,018
Interest Expense7,703
Earnings Before Interest and Taxes (EBIT)50,93613,668
Earnings Before Interest and Taxes (EBITDA)67,099
 
After tax Income (+$)
Income Before Tax5,965
Tax Provision-2,653
Net Income From Continuing Ops3,3123,312
Net Income3,315
Net Income Applicable To Common Shares3,315
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses177,611
Total Other Income/Expenses Net-44,9717,080
 

Technical Analysis of Shine Corporate Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Shine Corporate Ltd. The general trend of Shine Corporate Ltd is BULLISH with 14.3% 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 Shine Corporate Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
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 Shine Corporate Ltd.

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

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

The bullish price targets are: 0.77608101265823 < 0.80051168831169 < 0.80532692307692.

The bearish price targets are: 0.57 > 0.54665333333333 > 0.45880173913044.

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Shine Corporate Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Shine Corporate Ltd. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Directionalities and relatives.

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

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

Shine Corporate Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Shine Corporate Ltd. The current macd is 0.00774804.

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

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Shine Corporate Ltd. The current adx is 27.76.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Shine Corporate Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Shine Corporate Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Shine Corporate Ltd. The current sar is 0.60197069.

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
Shine Corporate Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Shine Corporate Ltd. The current rsi is 56.53. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Shine Corporate Ltd Daily Relative Strength Index (RSI) ChartShine Corporate Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Shine Corporate Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-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 Shine Corporate Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Shine Corporate Ltd Daily Stochastic Oscillator ChartShine Corporate Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Shine Corporate Ltd. The current cci is 95.38.

Shine Corporate Ltd Daily Commodity Channel Index (CCI) ChartShine Corporate Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Shine Corporate Ltd. The current cmo is 20.41.

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
Shine Corporate Ltd Daily Chande Momentum Oscillator (CMO) ChartShine Corporate Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Shine Corporate Ltd. The current willr is -20.

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 Shine Corporate Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shine Corporate Ltd Daily Williams %R ChartShine Corporate Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Shine Corporate Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Shine Corporate Ltd. The current atr is 0.02312981.

Shine Corporate Ltd Daily Average True Range (ATR) ChartShine Corporate Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Shine Corporate Ltd. The current obv is -1,772,320.

Shine Corporate Ltd Daily On-Balance Volume (OBV) ChartShine Corporate Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Shine Corporate Ltd. The current mfi is 87.53.

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

  • MFI > 50: +1
  • MFI > 80: +1
Shine Corporate Ltd Daily Money Flow Index (MFI) ChartShine Corporate Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shine Corporate Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-13MACD 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.
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).
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17STOCH 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-20STOCH 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).
2023-11-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04STOCH 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH 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.
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-03DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04DMI 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.
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).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13SAR 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
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
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-19DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21DMI 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 LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.

6.3. Candlestick Patterns

Shine Corporate Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shine Corporate Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.527
Ma 20Greater thanMa 500.634
Ma 50Greater thanMa 1000.680
Ma 100Greater thanMa 2000.684
OpenGreater thanClose0.700
Total3/5 (60.0%)
Penke

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