EVERGRN - Analysis on price movementP wave, reached (E).
Entry on breakout turning point (C) and breakout 52w high to achieve target price.
Tenkan Sen as a nearest support.
Note:
1. Analysis for education purpose only.
2. Trade at your own risk.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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−0.010 MYR
−37.28 M MYR
881.08 M MYR
396.13 M
About EVERGREEN FIBREBOARD BHD
Sector
Industry
CEO
Jen Chang Kuo
Website
Headquarters
Batu Pahat
Founded
1991
ISIN
MYL5101OO000
FIGI
BBG000JBWHQ3
Evergreen Fibreboard Bhd. engages in the manufacture and sale of medium density fibreboard and knock down wooden furniture. It operates through the following geographical segments: Malaysia, Thailand, Indonesia, and Others. The Malaysia segment focuses on the manufacture of medium density fibreboard, wooden furniture part and furniture, particleboard, glue, resin, and manages and trades plantation. The Thailand segment produces and distributes medium density fibreboard and wood products. The Indonesia segment includes the production of medium density fibreboard, glue, and resin. The Others segment distribute household products made of rubber wood. The company was founded on May 15, 1991 and is headquartered in Batu Pahat, Malaysia.
evergrn LONG Support level risesThe support level of the purple red downward channel has risen
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The four oscillation intervals are shown in the figure
EVERGRN buy signal based on MRV1 setup on 2 Jan 24 at RM0.320- The stop loss level is RM0.165, which limits the downside risk to around 10%.
- The target price is RM0.390. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based on your preference.
- The time horizon is 2-3 months, as the signal is derived from the daily cha
Finding good supportTheres no clear sign that the price not even have a signal of higher high.. to fly high.. lates update this show it on demand to be drop aslower as average price at the price of 0.300.. Wait until the prove oh support and the making of higher low to secure changing trend.
EVERGRN forming BOX Paternpossible bullish on short term
earning 26 May 2022
next Resistance 0.790
support 0.760
need strong volume to break resistance and continue bullish patern
VCP EVERGRNshows profits in last quarter.Price just break the horizontal line with higher than average volume
Head and Shoulder | Evergreen Fibreboard Bhdclear HNS pattern spotted weekly tf + breakout + rising weekly volume with candle = good sign
TEKNIKAL TRADING IDEA
1. for swing risk dah besar sngt, wait for weakening candle + volume = normal VPA
2. possible touch RM0.835, if lebih maybe extended wave
3. for intraday looks smaller tf 1H to find
A Breakout Signal!A significant price movement with huge volume confirms the candlestick trend in the breakout signal where the candlestick body and volume are above the MA20 line.
The RSI indexes above 50, hence, a strong buying momentum.
MACD and OBV indicate a divergence signal with the possibility of a strong u
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of EVERGRN is 0.270 MYR — it has decreased by −1.82% in the past 24 hours. Watch EVERGREEN FIBREBOARD BHD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange EVERGREEN FIBREBOARD BHD stocks are traded under the ticker EVERGRN.
EVERGRN stock has fallen by −5.26% compared to the previous week, the month change is a −11.48% fall, over the last year EVERGREEN FIBREBOARD BHD has showed a −16.92% decrease.
We've gathered analysts' opinions on EVERGREEN FIBREBOARD BHD future price: according to them, EVERGRN price has a max estimate of 0.48 MYR and a min estimate of 0.48 MYR. Watch EVERGRN chart and read a more detailed EVERGREEN FIBREBOARD BHD stock forecast: see what analysts think of EVERGREEN FIBREBOARD BHD and suggest that you do with its stocks.
EVERGRN reached its all-time high on Jan 11, 2016 with the price of 1.705 MYR, and its all-time low was 0.090 MYR and was reached on Mar 19, 2020. View more price dynamics on EVERGRN chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
EVERGRN stock is 1.85% volatile and has beta coefficient of 1.94. Track EVERGREEN FIBREBOARD BHD stock price on the chart and check out the list of the most volatile stocks — is EVERGREEN FIBREBOARD BHD there?
Yes, you can track EVERGREEN FIBREBOARD BHD financials in yearly and quarterly reports right on TradingView.
EVERGREEN FIBREBOARD BHD is going to release the next earnings report on Nov 25, 2024. Keep track of upcoming events with our Earnings Calendar.
EVERGRN net income for the last quarter is 6.00 M MYR, while the quarter before that showed 6.09 M MYR of net income which accounts for −1.49% change. Track more EVERGREEN FIBREBOARD BHD financial stats to get the full picture.
As of Nov 21, 2024, the company has 1.96 K employees. See our rating of the largest employees — is EVERGREEN FIBREBOARD BHD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. EVERGREEN FIBREBOARD BHD EBITDA is 71.58 M MYR, and current EBITDA margin is 4.60%. See more stats in EVERGREEN FIBREBOARD BHD financial statements.
Like other stocks, EVERGRN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade EVERGREEN FIBREBOARD BHD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So EVERGREEN FIBREBOARD BHD technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating EVERGREEN FIBREBOARD BHD stock shows the strong sell signal. See more of EVERGREEN FIBREBOARD BHD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.