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ZIGA (Ziga) Stock Analysis
Buy, Hold or Sell?

Let's analyze Ziga together

I guess you are interested in Ziga Innovation Public Company Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Ziga’s Financial Insights
  • 📈 Technical Analysis (TA) – Ziga’s Price Targets

I'm going to help you getting a better view of Ziga Innovation Public Company Limited. 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 Ziga (30 sec.)










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

How much money do you get?

How much money do you get?
฿0.00
When do you have the money?
1 year
How often do you get paid?
54.1%

What is your share worth?

Current worth
฿1.11
Expected worth in 1 year
฿1.14
How sure are you?
91.9%

+ What do you gain per year?

Total Gains per Share
฿0.04
Return On Investment
3.1%

For what price can you sell your share?

Current Price per Share
฿1.13
Expected price per share
฿0.99 - ฿1.44
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Ziga (5 min.)




Live pricePrice per Share (EOD)
฿1.13
Intrinsic Value Per Share
฿-7.51 - ฿-9.10
Total Value Per Share
฿-6.40 - ฿-7.99

2.2. Growth of Ziga (5 min.)




Is Ziga growing?

Current yearPrevious yearGrowGrow %
How rich?$25.2m$24m$914.6k3.7%

How much money is Ziga making?

Current yearPrevious yearGrowGrow %
Making money$200.1k$282.4k-$82.2k-41.1%
Net Profit Margin4.7%5.4%--

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

2.3. Financial Health of Ziga (5 min.)




2.4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#264 / 297

Most Revenue
#285 / 297

Most Profit
#190 / 297
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Ziga?

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

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

Speculation

The Price per Share of Ziga is ฿1.13. 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 Ziga.
  • 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 Ziga, 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 ฿1.11. Based on the TTM, the Book Value Change Per Share is ฿0.01 per quarter. Based on the YOY, the Book Value Change Per Share is ฿0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ฿0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ziga.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 ฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.00-0.1%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.00-0.1%0.000.0%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.1%0.000.1%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.00-0.1%0.000.1%0.000.2%
Usd Price Per Share0.03-0.05-0.07-0.08-0.11-0.08-
Price to Earnings Ratio17.91-66.40-48.76-41.67-36.74-36.14-
Price-to-Total Gains Ratio71.66-265.62-196.10-141.14-104.76-114.20-
Price to Book Ratio0.85-1.49-2.26-2.38-2.92-2.37-
Price-to-Total Gains Ratio71.66-265.62-196.10-141.14-104.76-114.20-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.034917
Number of shares28639
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (28639 shares)7.7728.82
Gains per Year (28639 shares)31.09115.30
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1031219718105
20625219436220
30938329254335
4012411438972450
5015514548690565
60187176583108680
70218207681126795
80249238778144910
902802698751631025
1003113009721811140

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%9.03.00.075.0%17.03.00.085.0%34.03.00.091.9%34.03.00.091.9%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%16.04.00.080.0%26.07.04.070.3%26.07.04.070.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%6.00.014.030.0%20.00.017.054.1%20.00.017.054.1%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%17.03.00.085.0%34.03.00.091.9%34.03.00.091.9%
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3.2. Key Performance Indicators

The key performance indicators of Ziga Innovation Public Company Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0130.009+49%0.012+7%-0.031+334%0.005+157%0.030-56%
Book Value Per Share--1.1091.094+1%1.054+5%1.1130%1.141-3%0.960+16%
Current Ratio--1.6341.521+7%1.194+37%1.473+11%1.514+8%1.524+7%
Debt To Asset Ratio--0.2250.254-11%0.407-45%0.385-41%0.412-45%0.363-38%
Debt To Equity Ratio--0.2900.341-15%0.718-60%0.679-57%0.740-61%0.635-54%
Dividend Per Share----0%-0%-0%0.027-100%0.042-100%
Enterprise Value--455511361.060975558391.248-53%1381672929.738-67%1601917893.828-72%2078918998.447-78%2016190944.611-77%
Eps--0.0130.009+49%0.012+6%-0.037+379%0.000+88515%0.016-16%
Ev To Sales Ratio--0.7801.831-57%2.052-62%2.165-64%2.238-65%2.292-66%
Free Cash Flow Per Share--0.0750.037+101%0.063+19%0.031+143%0.013+470%0.009+710%
Free Cash Flow To Equity Per Share---0.0240.000-99%-0.076+219%-0.033+39%-0.010-59%0.004-653%
Gross Profit Margin--1.0000.399+150%0.403+148%0.590+70%0.672+49%0.592+69%
Intrinsic Value_10Y_max---9.100----------
Intrinsic Value_10Y_min---7.507----------
Intrinsic Value_1Y_max---0.026----------
Intrinsic Value_1Y_min---0.025----------
Intrinsic Value_3Y_max---0.754----------
Intrinsic Value_3Y_min---0.706----------
Intrinsic Value_5Y_max---2.296----------
Intrinsic Value_5Y_min---2.073----------
Market Cap833180640.000+17%693088742.0601200002050.748-42%1760371671.988-61%1985870680.912-65%2505809568.547-72%1966473898.674-65%
Net Profit Margin--0.0660.047+40%0.054+22%-0.103+255%-0.002+104%0.053+26%
Operating Margin---0.030-100%0.110-100%-0.0850%0.026-100%0.085-100%
Operating Ratio--1.7031.341+27%0.920+85%1.126+51%1.009+69%0.943+81%
Pb Ratio1.019+17%0.8471.492-43%2.261-63%2.383-64%2.916-71%2.374-64%
Pe Ratio21.536+17%17.91566.404-73%48.760-63%41.669-57%36.740-51%36.142-50%
Price Per Share1.130+17%0.9401.628-42%2.388-61%2.693-65%3.399-72%2.667-65%
Price To Free Cash Flow Ratio3.771+17%3.137-0.734+123%23.253-87%10.478-70%7.939-60%7.601-59%
Price To Total Gains Ratio86.143+17%71.659265.616-73%196.096-63%141.144-49%104.758-32%114.204-37%
Quick Ratio--0.5570.668-17%0.729-24%0.767-27%0.769-28%0.777-28%
Return On Assets--0.0090.006+53%0.007+29%-0.017+287%0.000+100%0.008+16%
Return On Equity--0.0120.008+48%0.012+1%-0.034+387%-0.002+113%0.034-65%
Total Gains Per Share--0.0130.009+49%0.012+7%-0.031+334%0.033-60%0.072-82%
Usd Book Value--25273899.27924918865.610+1%24004252.570+5%25360188.1130%25998307.850-3%21862273.837+16%
Usd Book Value Change Per Share--0.0000.000+49%0.000+7%-0.001+334%0.000+157%0.001-56%
Usd Book Value Per Share--0.0340.034+1%0.033+5%0.0340%0.035-3%0.030+16%
Usd Dividend Per Share----0%-0%-0%0.001-100%0.001-100%
Usd Enterprise Value--14075301.05730144754.290-53%42693693.529-67%49499262.919-72%64238597.052-78%62300300.188-77%
Usd Eps--0.0000.000+49%0.000+6%-0.001+379%0.000+88515%0.000-16%
Usd Free Cash Flow--1706926.073847426.428+101%1436350.053+19%703556.077+143%299658.425+470%210814.368+710%
Usd Free Cash Flow Per Share--0.0020.001+101%0.002+19%0.001+143%0.000+470%0.000+710%
Usd Free Cash Flow To Equity Per Share---0.0010.000-99%-0.002+219%-0.001+39%0.000-59%0.000-653%
Usd Market Cap25745281.776+17%21416442.13037080063.368-42%54395484.664-61%61363404.040-65%77429515.668-72%60764043.469-65%
Usd Price Per Share0.035+17%0.0290.050-42%0.074-61%0.083-65%0.105-72%0.082-65%
Usd Profit--298865.696200131.675+49%282415.981+6%-812942.350+372%12621.224+2268%379152.304-21%
Usd Revenue--4510179.8214183212.861+8%5295841.359-15%5587153.033-19%6975084.827-35%6777303.059-33%
Usd Total Gains Per Share--0.0000.000+49%0.000+7%-0.001+334%0.001-60%0.002-82%
 EOD+4 -4MRQTTM+24 -13YOY+26 -113Y+23 -135Y+19 -2010Y+16 -23

3.3 Fundamental Score

Let's check the fundamental score of Ziga Innovation Public Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.536
Price to Book Ratio (EOD)Between0-11.019
Net Profit Margin (MRQ)Greater than00.066
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.557
Current Ratio (MRQ)Greater than11.634
Debt to Asset Ratio (MRQ)Less than10.225
Debt to Equity Ratio (MRQ)Less than10.290
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.009
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Ziga Innovation Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.562
Ma 20Greater thanMa 501.140
Ma 50Greater thanMa 1001.226
Ma 100Greater thanMa 2001.124
OpenGreater thanClose1.150
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Ziga Innovation Public Company Limited

Ziga Innovation Public Company Limited, together with its subsidiaries, engages in the manufacture and trading of steel conduits for electrical wiring systems in Thailand. The company provides steel piping's for construction and real estate businesses, as well as DAIWA electrical conduits, DAIWA super, Zuper Ziga, Ziga structural pipes, and High Micron galvanized coating pipes. It is involved in the cryptocurrency business. The company was formerly known as Daiwa Industry Company Limited and changed its name to Ziga Innovation Public Company Limited in February 2016. Ziga Innovation Public Company Limited was incorporated in 1998 and is headquartered in Samut Prakan, Thailand.

Fundamental data was last updated by Penke on 2025-07-03 13:59:04.

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 inefficient in making profit.
Using its investors money, the company is 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 very able 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 underpriced.
Based on the earnings, the company is expensive.
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 Ziga earns for each ฿1 of revenue.

  • Above 10% is considered healthy but always compare Ziga to the Steel industry mean.
  • A Net Profit Margin of 6.6% 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 Ziga Innovation Public Company Limited:

  • The MRQ is 6.6%. The company is making a profit. +1
  • The TTM is 4.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.6%TTM4.7%+1.9%
TTM4.7%YOY5.4%-0.7%
TTM4.7%5Y-0.2%+5.0%
5Y-0.2%10Y5.3%-5.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6%1.8%+4.8%
TTM4.7%1.7%+3.0%
YOY5.4%2.9%+2.5%
3Y-10.3%2.7%-13.0%
5Y-0.2%3.9%-4.1%
10Y5.3%2.8%+2.5%
4.3.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ziga to the Steel industry mean.
  • 0.9% Return on Assets means that Ziga generated ฿0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ziga Innovation Public Company Limited:

  • The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.6%+0.3%
TTM0.6%YOY0.7%-0.1%
TTM0.6%5Y0.0%+0.6%
5Y0.0%10Y0.8%-0.8%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%0.7%+0.2%
TTM0.6%0.5%+0.1%
YOY0.7%1.0%-0.3%
3Y-1.7%1.0%-2.7%
5Y0.0%1.6%-1.6%
10Y0.8%1.1%-0.3%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ziga to the Steel industry mean.
  • 1.2% Return on Equity means Ziga generated ฿0.01 for each ฿1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ziga Innovation Public Company Limited:

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM0.8%+0.4%
TTM0.8%YOY1.2%-0.4%
TTM0.8%5Y-0.2%+1.0%
5Y-0.2%10Y3.4%-3.6%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%1.2%0.0%
TTM0.8%1.1%-0.3%
YOY1.2%1.9%-0.7%
3Y-3.4%1.8%-5.2%
5Y-0.2%3.0%-3.2%
10Y3.4%2.0%+1.4%
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4.3.2. Operating Efficiency of Ziga Innovation Public Company Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Ziga is operating .

  • Measures how much profit Ziga 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 Ziga to the Steel 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 Ziga Innovation Public Company Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.0%-3.0%
TTM3.0%YOY11.0%-8.0%
TTM3.0%5Y2.6%+0.4%
5Y2.6%10Y8.5%-5.9%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.0%-7.0%
TTM3.0%5.2%-2.2%
YOY11.0%3.2%+7.8%
3Y-8.5%2.7%-11.2%
5Y2.6%4.6%-2.0%
10Y8.5%4.2%+4.3%
4.3.2.2. Operating Ratio

Measures how efficient Ziga is keeping operating costs low.

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

Let's take a look of the Operating Ratio trends of Ziga Innovation Public Company Limited:

  • The MRQ is 1.703. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.341. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.703TTM1.341+0.362
TTM1.341YOY0.920+0.422
TTM1.3415Y1.009+0.333
5Y1.00910Y0.943+0.065
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7031.709-0.006
TTM1.3411.531-0.190
YOY0.9201.048-0.128
3Y1.1261.267-0.141
5Y1.0091.167-0.158
10Y0.9431.121-0.178
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4.4.3. Liquidity of Ziga Innovation Public Company Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 1.63 means the company has ฿1.63 in assets for each ฿1 in short-term debts.

Let's take a look of the Current Ratio trends of Ziga Innovation Public Company Limited:

  • The MRQ is 1.634. The company is able to pay all its short-term debts. +1
  • The TTM is 1.521. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.634TTM1.521+0.113
TTM1.521YOY1.194+0.326
TTM1.5215Y1.514+0.007
5Y1.51410Y1.524-0.011
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6341.628+0.006
TTM1.5211.606-0.085
YOY1.1941.762-0.568
3Y1.4731.747-0.274
5Y1.5141.711-0.197
10Y1.5241.592-0.068
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ziga to the Steel industry mean.
  • A Quick Ratio of 0.56 means the company can pay off ฿0.56 for each ฿1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ziga Innovation Public Company Limited:

  • The MRQ is 0.557. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.668. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.557TTM0.668-0.111
TTM0.668YOY0.729-0.061
TTM0.6685Y0.769-0.101
5Y0.76910Y0.777-0.007
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5570.540+0.017
TTM0.6680.567+0.101
YOY0.7290.736-0.007
3Y0.7670.699+0.068
5Y0.7690.742+0.027
10Y0.7770.721+0.056
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4.5.4. Solvency of Ziga Innovation Public Company Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ziga to Steel industry mean.
  • A Debt to Asset Ratio of 0.23 means that Ziga assets are financed with 22.5% credit (debt) and the remaining percentage (100% - 22.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ziga Innovation Public Company Limited:

  • The MRQ is 0.225. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.254. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.225TTM0.254-0.028
TTM0.254YOY0.407-0.153
TTM0.2545Y0.412-0.158
5Y0.41210Y0.363+0.049
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2250.447-0.222
TTM0.2540.441-0.187
YOY0.4070.446-0.039
3Y0.3850.456-0.071
5Y0.4120.465-0.053
10Y0.3630.492-0.129
4.5.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ziga to the Steel industry mean.
  • A Debt to Equity ratio of 29.0% means that company has ฿0.29 debt for each ฿1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ziga Innovation Public Company Limited:

  • The MRQ is 0.290. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.341. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.290TTM0.341-0.050
TTM0.341YOY0.718-0.377
TTM0.3415Y0.740-0.400
5Y0.74010Y0.635+0.105
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2900.805-0.515
TTM0.3410.804-0.463
YOY0.7180.797-0.079
3Y0.6790.868-0.189
5Y0.7400.900-0.160
10Y0.6351.075-0.440
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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 Ziga generates.

  • Above 15 is considered overpriced but always compare Ziga to the Steel industry mean.
  • A PE ratio of 17.91 means the investor is paying ฿17.91 for every ฿1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ziga Innovation Public Company Limited:

  • The EOD is 21.536. Based on the earnings, the company is fair priced.
  • The MRQ is 17.915. Based on the earnings, the company is fair priced.
  • The TTM is 66.404. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD21.536MRQ17.915+3.621
MRQ17.915TTM66.404-48.489
TTM66.404YOY48.760+17.644
TTM66.4045Y36.740+29.664
5Y36.74010Y36.142+0.598
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD21.53610.743+10.793
MRQ17.9159.958+7.957
TTM66.4049.924+56.480
YOY48.7608.251+40.509
3Y41.6699.058+32.611
5Y36.7408.955+27.785
10Y36.14210.146+25.996
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 Ziga Innovation Public Company Limited:

  • The EOD is 3.771. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.137. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -0.734. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD3.771MRQ3.137+0.634
MRQ3.137TTM-0.734+3.870
TTM-0.734YOY23.253-23.987
TTM-0.7345Y7.939-8.673
5Y7.93910Y7.601+0.338
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD3.771-0.002+3.773
MRQ3.137-0.282+3.419
TTM-0.7341.566-2.300
YOY23.2531.574+21.679
3Y10.4781.321+9.157
5Y7.9391.436+6.503
10Y7.6011.019+6.582
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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 Ziga is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.85 means the investor is paying ฿0.85 for each ฿1 in book value.

Let's take a look of the Price to Book Ratio trends of Ziga Innovation Public Company Limited:

  • The EOD is 1.019. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.847. Based on the equity, the company is cheap. +2
  • The TTM is 1.492. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.019MRQ0.847+0.171
MRQ0.847TTM1.492-0.644
TTM1.492YOY2.261-0.769
TTM1.4925Y2.916-1.425
5Y2.91610Y2.374+0.542
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD1.0190.846+0.173
MRQ0.8470.841+0.006
TTM1.4920.823+0.669
YOY2.2610.970+1.291
3Y2.3830.961+1.422
5Y2.9161.024+1.892
10Y2.3741.157+1.217
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in THB. All numbers in thousands.

Summary
Total Assets1,055,503
Total Liabilities237,577
Total Stockholder Equity817,926
 As reported
Total Liabilities 237,577
Total Stockholder Equity+ 817,926
Total Assets = 1,055,503

Assets

Total Assets1,055,503
Total Current Assets355,280
Long-term Assets700,223
Total Current Assets
Cash And Cash Equivalents 30,131
Short-term Investments 52,059
Net Receivables 69,162
Inventory 198,733
Other Current Assets 660
Total Current Assets  (as reported)355,280
Total Current Assets  (calculated)350,744
+/- 4,536
Long-term Assets
Property Plant Equipment 632,748
Long Term Investments 5,080
Long-term Assets Other 24,404
Long-term Assets  (as reported)700,223
Long-term Assets  (calculated)662,231
+/- 37,992

Liabilities & Shareholders' Equity

Total Current Liabilities217,487
Long-term Liabilities20,091
Total Stockholder Equity817,926
Total Current Liabilities
Short Long Term Debt 40,386
Accounts payable 40,010
Other Current Liabilities 20,251
Total Current Liabilities  (as reported)217,487
Total Current Liabilities  (calculated)100,646
+/- 116,840
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt7,988
Long-term Liabilities Other 9,720
Long-term Liabilities  (as reported)20,091
Long-term Liabilities  (calculated)17,708
+/- 2,383
Total Stockholder Equity
Total Stockholder Equity (as reported)817,926
Total Stockholder Equity (calculated)0
+/- 817,926
Other
Capital Stock368,664
Common Stock Shares Outstanding 737,328
Net Debt 10,255
Net Invested Capital 858,311
Net Working Capital 137,793
Property Plant and Equipment Gross 632,748



6.2. Balance Sheets Structured

Currency in THB. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-31
> Total Assets 
0
0
0
626,444
0
716,128
1,115,511
1,281,983
1,216,946
1,014,707
993,199
1,195,341
1,139,353
1,181,730
1,096,042
1,158,630
1,289,546
1,385,439
1,333,916
1,383,602
1,481,204
1,653,327
1,779,651
1,809,998
1,961,259
2,202,120
2,002,693
1,312,549
1,479,780
1,526,021
1,424,695
1,271,254
1,104,948
1,096,491
1,065,343
1,106,257
1,055,503
1,055,5031,106,2571,065,3431,096,4911,104,9481,271,2541,424,6951,526,0211,479,7801,312,5492,002,6932,202,1201,961,2591,809,9981,779,6511,653,3271,481,2041,383,6021,333,9161,385,4391,289,5461,158,6301,096,0421,181,7301,139,3531,195,341993,1991,014,7071,216,9461,281,9831,115,511716,1280626,444000
   > Total Current Assets 
68,237
0
0
402,307
109,476
498,762
892,844
1,026,450
782,977
562,766
512,449
665,255
574,955
619,106
517,892
577,494
696,660
767,837
692,903
685,494
759,281
895,038
1,010,045
980,350
984,909
1,244,893
1,060,912
523,564
701,751
756,176
584,881
488,611
360,172
374,103
351,488
398,311
355,280
355,280398,311351,488374,103360,172488,611584,881756,176701,751523,5641,060,9121,244,893984,909980,3501,010,045895,038759,281685,494692,903767,837696,660577,494517,892619,106574,955665,255512,449562,766782,9771,026,450892,844498,762109,476402,3070068,237
       Cash And Cash Equivalents 
-68,237
0
0
109,376
-109,476
68,936
376,586
393,947
290,434
242,730
99,550
117,696
138,630
111,159
65,244
258,221
332,654
382,336
147,684
197,145
105,589
180,575
290,046
198,968
355,371
433,400
463,426
106,656
282,737
271,572
160,963
184,368
87,724
126,749
25,137
49,010
30,131
30,13149,01025,137126,74987,724184,368160,963271,572282,737106,656463,426433,400355,371198,968290,046180,575105,589197,145147,684382,336332,654258,22165,244111,159138,630117,69699,550242,730290,434393,947376,58668,936-109,476109,37600-68,237
       Short-term Investments 
136,474
0
0
101
218,952
12,281
72,350
42,502
42,639
0
0
0
0
0
0
0
6,183
3,407
0
0
1,650
7,791
8,688
0
0
532
0
0
0
151
0
0
0
0
48,190
51,633
52,059
52,05951,63348,1900000151000532008,6887,7911,650003,4076,183000000042,63942,50272,35012,281218,95210100136,474
       Net Receivables 
0
0
0
27,608
0
137,575
159,862
78,659
71,612
119,088
103,870
102,515
91,471
75,947
84,114
84,082
97,512
132,120
140,979
155,861
175,117
129,726
216,473
175,204
275,303
119,905
144,838
147,788
155,711
227,775
236,692
108,582
104,452
89,639
76,951
59,144
69,162
69,16259,14476,95189,639104,452108,582236,692227,775155,711147,788144,838119,905275,303175,204216,473129,726175,117155,861140,979132,12097,51284,08284,11475,94791,471102,515103,870119,08871,61278,659159,862137,575027,608000
       Other Current Assets 
0
0
0
48,659
0
2,960
12,339
26,817
44,299
41,923
43,021
51,965
36,269
55,752
54,432
41,665
34,493
18,429
64,202
48,832
16,827
12,058
6,458
15,732
13,483
41,668
32,310
19,838
22,045
21,294
14,778
7,038
5,944
4,816
7,334
3,496
660
6603,4967,3344,8165,9447,03814,77821,29422,04519,83832,31041,66813,48315,7326,45812,05816,82748,83264,20218,42934,49341,66554,43255,75236,26951,96543,02141,92344,29926,81712,3392,960048,659000
   > Long-term Assets 
-68,237
0
0
224,137
-109,476
217,366
222,667
255,534
433,969
451,941
480,750
530,086
564,397
562,624
578,150
581,136
592,887
617,602
641,013
698,109
721,922
758,289
769,606
829,648
976,350
957,227
941,781
788,985
778,028
769,845
839,814
782,644
744,777
722,388
713,854
707,946
700,223
700,223707,946713,854722,388744,777782,644839,814769,845778,028788,985941,781957,227976,350829,648769,606758,289721,922698,109641,013617,602592,887581,136578,150562,624564,397530,086480,750451,941433,969255,534222,667217,366-109,476224,13700-68,237
       Property Plant Equipment 
0
0
0
212,332
0
204,946
209,886
200,842
419,209
437,570
466,838
516,309
551,082
550,919
566,993
570,786
584,623
607,824
632,559
688,486
711,036
751,246
762,114
764,129
847,901
837,147
820,439
741,117
731,062
723,655
715,164
670,352
662,099
653,775
645,526
640,213
632,748
632,748640,213645,526653,775662,099670,352715,164723,655731,062741,117820,439837,147847,901764,129762,114751,246711,036688,486632,559607,824584,623570,786566,993550,919551,082516,309466,838437,570419,209200,842209,886204,9460212,332000
       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
5,000
5,000
5,000
5,000
5,000
5,000
5,000
86,500
44,661
5,000
5,022
5,022
5,080
5,080
5,0805,0805,0225,0225,00044,66186,5005,0005,0005,0005,0005,0005,0005,00000000000000000000000000
       Intangible Assets 
0
0
0
4,344
0
3,773
3,596
5,479
6,081
5,895
5,522
5,525
5,407
5,010
4,610
4,210
3,815
3,419
3,049
2,921
2,795
2,668
2,873
2,750
2,633
2,967
2,852
2,744
2,638
2,530
2,646
2,531
2,413
2,154
0
1,927
0
01,92702,1542,4132,5312,6462,5302,6382,7442,8522,9672,6332,7502,8732,6682,7952,9213,0493,4193,8154,2104,6105,0105,4075,5255,5225,8956,0815,4793,5963,77304,344000
       Long-term Assets Other 
-68,237
0
0
3,123
-109,476
3,618
3,493
43,340
2,731
2,731
2,830
3,034
3,628
3,583
3,558
3,558
3,308
3,338
3,308
3,285
6,648
4,208
4,204
55,905
119,186
110,825
105,810
20,935
23,965
25,439
25,649
58,583
20,936
21,298
59,990
24,241
24,404
24,40424,24159,99021,29820,93658,58325,64925,43923,96520,935105,810110,825119,18655,9054,2044,2086,6483,2853,3083,3383,3083,5583,5583,5833,6283,0342,8302,7312,73143,3403,4933,618-109,4763,12300-68,237
> Total Liabilities 
0
0
0
311,103
0
368,725
344,480
499,734
414,047
274,073
240,708
438,127
367,019
433,766
345,699
405,821
546,858
630,667
551,959
563,383
710,720
832,451
834,424
814,478
871,547
1,138,573
1,016,403
602,619
724,020
763,403
654,239
489,001
312,930
297,958
264,312
298,003
237,577
237,577298,003264,312297,958312,930489,001654,239763,403724,020602,6191,016,4031,138,573871,547814,478834,424832,451710,720563,383551,959630,667546,858405,821345,699433,766367,019438,127240,708274,073414,047499,734344,480368,7250311,103000
   > Total Current Liabilities 
0
0
0
248,095
0
321,134
298,775
460,945
380,975
246,001
216,958
417,735
352,917
422,327
334,895
206,072
348,787
447,064
382,055
407,445
568,511
690,735
599,710
603,930
679,532
777,542
664,255
271,288
416,986
670,355
576,559
423,393
243,193
248,444
236,633
273,248
217,487
217,487273,248236,633248,444243,193423,393576,559670,355416,986271,288664,255777,542679,532603,930599,710690,735568,511407,445382,055447,064348,787206,072334,895422,327352,917417,735216,958246,001380,975460,945298,775321,1340248,095000
       Short-term Debt 
0
0
0
187,051
246,898
236,252
271,964
249,768
350,733
193,069
129,534
272,711
307,855
396,416
315,052
162,921
259,281
342,284
346,395
316,617
325,024
533,993
456,112
507,813
484,224
696,092
629,240
127,010
271,355
507,915
443,665
299,656
115,522
121,353
110,990
0
0
00110,990121,353115,522299,656443,665507,915271,355127,010629,240696,092484,224507,813456,112533,993325,024316,617346,395342,284259,281162,921315,052396,416307,855272,711129,534193,069350,733249,768271,964236,252246,898187,051000
       Short Long Term Debt 
0
0
0
0
246,898
280,280
313,901
18,926
18,224
17,032
15,753
13,805
302,987
392,875
312,894
161,080
255,908
338,861
342,915
313,060
321,368
527,611
449,753
503,585
479,540
691,642
625,034
122,756
267,493
504,008
439,714
295,660
111,590
117,660
107,538
108,231
40,386
40,386108,231107,538117,660111,590295,660439,714504,008267,493122,756625,034691,642479,540503,585449,753527,611321,368313,060342,915338,861255,908161,080312,894392,875302,98713,80515,75317,03218,22418,926313,901280,280246,8980000
       Accounts payable 
0
0
0
7,851
0
30,992
6,812
204,716
6,638
22,818
73,065
134,718
23,315
8,930
6,562
31,591
56,025
70,988
6,731
46,208
121,055
114,409
65,469
46,014
59,649
49,910
2,800
17,785
16,451
35,088
3,383
1,892
1,838
1,176
1,322
36,066
40,010
40,01036,0661,3221,1761,8381,8923,38335,08816,45117,7852,80049,91059,64946,01465,469114,409121,05546,2086,73170,98856,02531,5916,5628,93023,315134,71873,06522,8186,638204,7166,81230,99207,851000
       Other Current Liabilities 
0
0
0
5,590
0
33,330
19,999
6,461
18,844
24,770
12,766
8,334
17,384
11,795
12,138
10,405
31,605
24,538
12,809
18,970
91,231
22,446
54,442
30,374
112,364
29,821
32,215
62,494
65,182
63,354
65,512
57,846
61,835
61,916
59,365
17,593
20,251
20,25117,59359,36561,91661,83557,84665,51263,35465,18262,49432,21529,821112,36430,37454,44222,44691,23118,97012,80924,53831,60510,40512,13811,79517,3848,33412,76624,77018,8446,46119,99933,33005,590000
   > Long-term Liabilities 
0
0
0
63,007
0
47,591
45,704
38,789
33,072
28,072
23,750
20,392
14,102
11,439
10,803
199,749
198,072
183,603
169,904
155,938
142,209
141,716
234,715
210,548
192,015
361,031
352,149
331,331
307,033
93,048
77,680
65,608
69,736
49,514
27,678
24,755
20,091
20,09124,75527,67849,51469,73665,60877,68093,048307,033331,331352,149361,031192,015210,548234,715141,716142,209155,938169,904183,603198,072199,74910,80311,43914,10220,39223,75028,07233,07238,78945,70447,591063,007000
       Other Liabilities 
0
0
0
0
0
3,563
3,768
3,973
4,177
4,383
5,178
5,296
2,195
2,382
2,435
2,592
3,534
2,944
3,143
3,108
3,344
3,581
3,817
4,054
4,290
2,476
2,725
2,974
3,300
42,422
0
0
0
0
0
0
0
000000042,4223,3002,9742,7252,4764,2904,0543,8173,5813,3443,1083,1432,9443,5342,5922,4352,3822,1955,2965,1784,3834,1773,9733,7683,56300000
> Total Stockholder Equity
257,075
0
0
315,341
315,341
347,403
771,031
782,250
802,899
740,635
752,491
757,214
772,334
747,964
750,343
752,809
742,688
754,772
781,957
820,219
770,483
820,876
945,227
995,519
1,089,652
1,063,495
985,817
709,615
755,460
762,318
770,157
782,253
792,019
798,533
801,031
808,254
817,926
817,926808,254801,031798,533792,019782,253770,157762,318755,460709,615985,8171,063,4951,089,652995,519945,227820,876770,483820,219781,957754,772742,688752,809750,343747,964772,334757,214752,491740,635802,899782,250771,031347,403315,341315,34100257,075
   Common Stock
0
0
0
220,000
0
220,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
248,597
248,597
248,597
306,473
306,473
347,490
347,490
353,131
353,131
368,664
368,664
368,664
368,664
368,664
368,664
0
0
00368,664368,664368,664368,664368,664368,664353,131353,131347,490347,490306,473306,473248,597248,597248,597260,000260,000260,000260,000260,000260,000260,000260,000260,000260,000260,000260,000260,000260,000220,0000220,000000
   Retained Earnings Total Equity0000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
257,075
0
0
11,680
315,341
15,080
19,184
21,104
21,104
21,665
21,665
23,794
23,794
23,794
23,794
26,000
26,000
26,000
26,000
56,017
26,000
26,000
30,100
36,990
36,990
36,990
36,990
36,990
36,990
36,990
36,990
36,990
36,990
36,990
36,990
0
0
0036,99036,99036,99036,99036,99036,99036,99036,99036,99036,99036,99036,99030,10026,00026,00056,01726,00026,00026,00026,00023,79423,79423,79423,79421,66521,66521,10421,10419,18415,080315,34111,68000257,075
   Capital Surplus 0000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
-1,058
0
-1,058
415,237
415,237
415,237
415,237
415,237
415,237
415,237
415,237
415,237
415,237
415,237
398,935
385,219
385,219
415,237
415,237
415,237
473,113
473,113
514,130
525,412
519,771
519,771
535,304
535,304
535,304
535,304
534,246
534,246
0
0
00534,246534,246535,304535,304535,304535,304519,771519,771525,412514,130473,113473,113415,237415,237415,237385,219385,219398,935415,237415,237415,237415,237415,237415,237415,237415,237415,237415,237415,237-1,0580-1,058000



6.3. Balance Sheets

Currency in THB. All numbers in thousands.




6.4. Cash Flows

Currency in THB. All numbers in thousands.




6.5. Income Statements

Currency in THB. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in THB. All numbers in thousands.

Gross Profit (+$)
totalRevenue562,022
Cost of Revenue-458,922
Gross Profit103,100103,100
 
Operating Income (+$)
Gross Profit103,100
Operating Expense-525,621
Operating Income36,401-422,521
 
Operating Expense (+$)
Research Development-
Selling General Administrative71,701
Selling And Marketing Expenses-
Operating Expense525,62171,701
 
Net Interest Income (+$)
Interest Income1,996
Interest Expense-9,684
Other Finance Cost-0
Net Interest Income-7,688
 
Pretax Income (+$)
Operating Income36,401
Net Interest Income-7,688
Other Non-Operating Income Expenses-
Income Before Tax (EBT)34,83430,281
EBIT - interestExpense = -9,684
26,000
35,684
Interest Expense9,684
Earnings Before Interest and Taxes (EBIT)-44,517
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax34,834
Tax Provision-8,834
Net Income From Continuing Ops26,00026,000
Net Income26,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net6,1207,688
 

Technical Analysis of Ziga
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 Ziga. The general trend of Ziga is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ziga's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Ziga 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 Ziga Innovation Public Company Limited.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1.17 < 1.44 < 1.44.

The bearish price targets are: 1.07 > 1.06 > 0.99.

Know someone who trades $ZIGA? Share this with them.👇

Ziga Innovation Public Company Limited Daily Support & Resistance Chart
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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 Ziga Innovation Public Company Limited. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

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

Ziga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current macd is -0.03320256.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Ziga price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ziga. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ziga price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Ziga Innovation Public Company Limited Daily Moving Average Convergence/Divergence (MACD) ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current adx is 19.84.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ziga shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Ziga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current sar is 0.9934.

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
Ziga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current rsi is 47.56. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Ziga Innovation Public Company Limited Daily Relative Strength Index (RSI) ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ziga price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Ziga Innovation Public Company Limited Daily Stochastic Oscillator ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current cci is -2.43719535.

Ziga Innovation Public Company Limited Daily Commodity Channel Index (CCI) ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current cmo is -0.49286323.

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
Ziga Innovation Public Company Limited Daily Chande Momentum Oscillator (CMO) ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current willr is -41.66666667.

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 Ziga is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ziga Innovation Public Company Limited Daily Williams %R ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited.

Ziga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current atr is 0.0652727.

Ziga Innovation Public Company Limited Daily Average True Range (ATR) ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current obv is 1,086,343,252.

Ziga Innovation Public Company Limited Daily On-Balance Volume (OBV) ChartZiga Innovation Public Company Limited 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 Ziga Innovation Public Company Limited. The current mfi is 65.14.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Ziga Innovation Public Company Limited Daily Money Flow Index (MFI) ChartZiga Innovation Public Company Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ziga Innovation Public Company Limited.

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
2025-02-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-02-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-31STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-17MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-04-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-24MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-25ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the 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).
2025-05-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-23STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-27STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Ziga Innovation Public Company Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ziga Innovation Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.562
Ma 20Greater thanMa 501.140
Ma 50Greater thanMa 1001.226
Ma 100Greater thanMa 2001.124
OpenGreater thanClose1.150
Total2/5 (40.0%)
Penke
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