09-18-2018: eGain Corporation (EGAN): Consistently Losing Money

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Recommendation

eGain Corporation

eGain Corporation is in the highly competitive business of providing internet software to businesses to help them retain and gain customers. We are seeing more and more opportunities for short sales in an aging bull market, and this appears to be one of them. The corporation has been consistently losing money for years. However, there is always the risk of a turnaround situation after a company has been losing money for years and suddenly turns a profit, often causing stocks to shoot up and provide short squeezes. The short interest is declining. The short interest in this stock is still very high and we are arriving late after the stock has been declining sharply over the past month to 50% of the value it held a month earlier. The question is, will it keep going down?

News on the stock consists of a steady stream of new customers and new products. Helping companies with chat lines and no down time for website maintenance, responsiveness to customer needs, is what those products are all about. Big customers include Amazon. The only bad news are the quarterly earnings releases.

Analysts favor the stock, but researchers are very negative. The company is in a very strongly performing industry group. After so many years of losses, the fundamentals are bad, debt high, poor financial ratios, very poor return on investment, and bad reviews from Market Grader and Standard & Poor's. The Zenith Index is unacceptably low. The corporation has a negative book value poor share and negative tangible assets.

Institutions are net acquirers, and believe it or not, Dimensional Fund Advisors is among the major shareholders.

Management is paid very little, suggesting good corporate governance in spite of possibly poor management. We did not like all the details and provisos in the Management Discussion of Operating Results. GMI Analysts like the accounting standards however, and there were no generally accepted accounting principles exceptions. Cash flow was positive.

The bottom line is that while our Decision Matrix is definitely a sell recommendation, it is not quite as negative as we would have expected for a stock that was consistently losing money for so many years. There is a warning to be careful here. 



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Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is considered strong and
> 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. More accurate financial statements follow in the next section.

eGain Corporation (EGAN)                                  Exchange: Nasdaq
1252 Borregas Avenue
Sunnyvale, CA 94089              Sector: Technology
United States                    Industry: Software - Application

eGain Corporation provides cloud-based customer engagement software
solutions worldwide. The company offers eGain software suite, including
eGain Mobile for businesses to offer engagement options in the eGain
suite to mobile users. It also provides Web applications comprising
eGain Offers that helps businesses engage visitors on the company
Website and Facebook fan pages; eGain Virtual Assistant that enables
conversational automation to engage customers across digital touch
points; eGain Cobrowse that enables phone and chat reps to show
customers around the Website, help locate information, and hand-hold
them during complex tasks; eGain Super Chat for Website visitors to
conduct chats with agents; eGain ClickToCall provides Website visitors
the ability to request a callback; and eGain SelfService to support
customer self-service options. In addition, the company offers desktop
applications consisting eGain Advisor Desktop, a desktop for customer
service advisors in a digital world; eGain CallTrack call logging
system; eGain Mail+Social, a application for processing inbound customer
emails and providing email customer response; and eGain KnowledgeAgent,
which empowers contact center agents with AI-powered knowledge
management. Further, it eGain suite includes eGain Operational Analytics
for businesses to monitor, measure, and manage their omnichannel contact
center operation; eGain Secure Messaging that enables secure messaging
for business with their customers; and eGain Notify, an application to
deliver automatic reminders, alerts, and updates at various stages of
the customer journey. Additionally, the company offers implementation,
solution development, systems integration, and training services. It
serves retail, telecommunications, financial services, insurance,
outsourced services, technology, utilities, government, manufacturing,
and consumer electronics industries. eGain Corporation was founded in
1997 and is headquartered in Sunnyvale, California.

Last Trade:   7.55                           52-Week Range:  19.05 -   2.40
Employees:                                   Avg.Volume:     668,522 Shares

Corporate Governance:
Pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A;
         (A lower number means less governance risk.)

EPS: -0.07    Dividend Amount: $ 0.00          Yield:  0.00%
             Ex-Dividend Date: N/A             Payout Ratio:   0.00

Key Statistics:

    Trailing P/E:   0.00              Forward P/E (est.):  87.78
                                           Target Price:  13.10

Qrtly Stock Price Growth (yoy): 196.08%               Beta:  -0.62
Qrtly S&P Index   Growth (yoy):   6.60%        Short Ratio:   3.56%
    Qrtly Revenue Growth (yoy):  15.99%         Shares Out:  27470000
   Qrtly Earnings Growth (yoy):   0.00%

          Book Value:  -0.32                    Debt/Equity:   0.00%
    Price/Book Value:   0.00        Operating Profit Margin:  -1.61%
         Price/Sales:   3.54                  Profit Margin:  -3.25%
         Market Cap:     217,041,000       Return on Equity:   0.00%
    Enterprise Value:     348,430,000      Return on Assets:  -1.56%

    Operating Cash Flow:              0
         Free Cash Flow:              0



Annual Income Statement:                          (All numbers in thousands)
  Period Ending                             06/30/2018   6/30/2017   6/30/2016

  Total Revenue                                 61,307      58,215      69,375
  Cost of Revenue                               22,336      21,199      23,689
  Gross Profit                                  38,971      37,016      45,686

Operating Expenses:
  Research & Development                        14,711      13,753      16,063
  Selling, General & Administrative             25,248      26,988      35,496
  Non-Recurring Expenses                             0           0           0
  Other Operating Expenses                           0           0           0
  Total Operating Expenses                      62,295      61,940      75,248

Operating Income or Loss                          -988      -3,725      -5,873

Income from Continuing Operations:
  Total Other Income/Expenses Net               -1,189      -1,762      -1,230
  Earnings Before Interest & Taxes                -988                 -3,725  E
arnings Before Interest & Taxes              -5,873
  Interest Expense                                -983      -1,730      -1,958
  Income Before Taxes                           -2,177      -5,487      -7,103
  Income Tax Expense                              -186         533        -863
  Minority Interest                                  0           0           0

Net Income from Continuing Op.s                 -1,991      -6,020      -6,240

Non-recurring Events:
  Discontinued Operations                            0           0           0
  Extraordinary Items                                0           0           0
  Effect of Accounting Changes                       0           0           0
  Other Items                                        0           0           0
  Net Income                                    -1,991      -6,020      -6,240
  Preferred Stock & Other Adjustments                0           0           0

Net Income Avail to Common Shares               -1,991      -6,020      -6,240



Annual Cash Flow Statement:                   (All numbers in thousands)
  Period Ending                         06/30/2018     6/30/2017     6/30/2016

  Net Income                                -1,991        -6,020        -6,240

Operating Activities:
  Depreciation                                   0         3,199         4,838
  Adjustments to Net Income                      0           988            93
  Changes in Accounts Recv'bls                   0         4,209          -272
  Changes in Liabilities                         0         7,973         1,254
  Changes in Investories                         0             0             0
  Changes in other Oper'g Acts                   0        -6,039         1,235

Total Cash Flow f Operations                     0         5,401         1,867

Investing Activities:
  Capital Exenditures                            0          -492          -547
  Investments                                    0             0             0
  Other Cash Flows fr Investing                  0             0           621

Total Cash Flows from Investing                  0          -492            74

Financing Activities:
  Dividends Paid                                 0             0             0
  Sale of Purchase of Stock                      0             0             0
  Net Borrowings                                 0        -5,850         1,829
  Other Cash Flows fr Financing                  0          -130           621

Total Cash Flows from Financing                  0        -5,969         1,731

  Effect of Exchange Rate Chg                    0           -93          -525

Change in Cash & Cash Equiv.                     0        -1,153         3,147



Annual Balance Sheets:                              (All Numbers in Thousands)
  Period Ending                          06/30/2018     6/30/2017     6/30/2016
Current Assets:
  Cash & Cash Equivalents                    11,498        10,627        11,780
  Short Term Investments                          0             0             0
  Net Receivables                             7,389         7,201        11,876
  Inventory                                       0             0             0
  Other Current Assets                        1,277         1,066         1,218
  Total Current Assets                       20,164        18,894        24,874

  Long-Term Investments                           0             0             0
  Property, Plant & Equipt                      559         1,059         1,688
  Goodwill                                   13,186        13,186        13,186
  Intangible Assets                             733         2,748         4,839
  Accumulated Amortization                        0             0             0
  Other Assets                                2,606         2,127         1,996
  Deferred LT Asset Charges                       0           803         1,270

Total Assets                                 39,622        39,751        48,063

Current Liabilities:
  Accounts Payable                            3,905         2,363         2,099
  Current Portion LT Debt                     9,242        15,757        21,533
  Other Current Liabilities                  18,364        18,794        16,640
  Total Current Liabilities                  31,511        36,914         40,272

  Long Term Debt                              3,905         2,363         2,099
  Other Liabilities                           9,242        15,757        21,533
  Deferred LT Liab. Charges                  18,364        18,794        16,640
  Minority Interest                               0             0             0
  Negative Goodwill                               0             0             0

Total Liabilities                            49,979        58,258        65,219

Stockholder Equity:
  Misc. Options, Warrants                         0             0             0
  Redeemable Preferred Stock                      0             0             0
  Preferred Stock                                 0             0             0
  Common Stock                                   28            27            27
  Retained Earnings                        -353,260      -351,269      -345,249
  Treasury Stock                             -1,703        -1,746        -1,744
  Capital Surplus                           346,222       343,367       342,689
  Other Stockhohlder Equity                  -1,703        -1,746        -1,744
  Total Stockholder Equity                   -8,713        -9,621        -4,277

Net Tangible Assets                         -22,632       -25,555       -22,302


eGain Corporation (EGAN)                    [Indices near +3.0, near zero,
                                            or < zero bear special attention.]
P/E Ratio Tests:
P/E Ratio < 28?            0.0000          P/E Ratio > 5?             0.0000
P/E Ratio Vs Growth Rate:  0.0000          Forward P/E Ratio < 28?    0.3190
Price/Sales Ratio < 2.3?   0.6497          Inventory/Sales < 5%?      1.0000
Sales < $1 Billion?        3.0000          Operating Margin < 7.5%?  -3.0000

Balance Sheet Tests:
Debt/Equity < 0.40?        1.0000          Long-Term Debt Service:   -1.1584
LTD Being Reduced?         3.0000          Short-Term Debt Service:   1.0051
Current Ratio > 2?         0.3200          Working Capital >= 1.5?    2.3754
Leverage Ratio < 20%?      0.4510          Debt/Assets < 1?           3.0000
Quick Ratio > 1?           3.0000          Inventory Turnover > 1?    1.0000
Share Equity Increase:     3.0000          Market Cap.< 1.5 Billion?  3.0000
                                           Intangibles < 3% Assets?   0.0854
Income Tests:
Profit Margin < 7.5%?     -0.4333          EPS Annual Growth > 10%?   0.3024
Dividend Yield > 2.0%?     0.0000          EPS 3-yr Growth > 15?      0.4701
Enterprise Value/Revenue   3.0000          EPS Growth Consistent?     2.0000
Enterprise Value/EBITDA:  -3.0000          Collection < 45 days?      1.0229
EPS Qrtly Growth > 10%?    0.0000          Gross Pft/Cur. LTD > 1?    3.0000
                                           Borrowing Int. Rate < 6%? -0.5457
Stock Performance Tests:
Volatility > 25%?          3.0000          % Held by Insiders < 5%?   0.3032
Beta > 1.25?              -0.4960          % Held by Institut. < 50?  0.6156
50 Da MA > 200 Da MA?      0.5960          % Held by Institut. > 30?  2.7073
52-Wk Change vs. S&P 500:  3.0000          Short Ratio > 5?           0.7120
Price/Book Value < 3?     -0.1272          Short % of Float > 20?     0.4740
Return on Assets > 17%?   -0.0918          Average Volume > 100,000?  3.0000

Cash Flow Tests:
Oper. C.F. > Lever'd C.F:  0.0000          Positive Free Cash Flow?  -1.0000
Positive Oper. Cash Flow? -1.0000          Price to C.F.Ratio < 14?:  0.0000
                                           Cash Flow / Assets > 10%?  0.0000

EGAN   eGain Corporation                   Overall Zenith Index:      0.8077


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Financial Statements

EGAIN CORP  (EGAN)                          INCOME STATEMENT

Fiscal year ends in June.                            2014-06         2015-06         2016-06         2017-06         2018-06             TTM           

Revenue                                           70,262,000      75,913,000      69,375,000      58,215,000      61,307,000      61,307,000
Cost of revenue                                   23,462,000      28,665,000      23,689,000      21,199,000      22,336,000      22,336,000
Gross profit                                      46,800,000      47,248,000      45,686,000      37,016,000      38,971,000      38,971,000


Operating expenses
Research and development                           9,963,000      15,306,000      16,063,000      13,753,000      14,711,000      14,711,000
Sales, General and administrative                 40,896,000      40,911,000      35,496,000      26,988,000      25,248,000      25,248,000
Other operating expenses                                   0       1,841,000               0               0               0               0
Total operating expenses                          50,859,000      58,058,000      51,559,000      40,741,000      39,959,000      39,959,000

Operating income                                  -4,059,000     -10,810,000      -5,873,000      -3,725,000        -988,000        -988,000
Other income (expense)                              -596,000      -1,299,000      -1,230,000      -1,762,000      -1,189,000      -1,189,000
Income before taxes                               -4,655,000     -12,109,000      -7,103,000      -5,487,000      -2,177,000      -2,177,000
Provision for income taxes                           591,000         320,000        -863,000         533,000        -186,000        -186,000
Net income from continuing operations             -5,246,000     -12,429,000      -6,240,000      -6,020,000      -1,991,000      -1,991,000
Net income                                        -5,246,000     -12,429,000      -6,240,000      -6,020,000      -1,991,000      -1,991,000
Net income available to common shareholders       -5,246,000     -12,429,000      -6,240,000      -6,020,000      -1,991,000      -1,991,000

Earnings per share
Basic                                                  -0.21           -0.47           -0.23           -0.22           -0.07           -0.07 
Diluted                                                -0.21           -0.47           -0.23           -0.22           -0.07           -0.07 

Weighted average shares outstanding
Basic                                             25,353,000      26,609,000      27,056,000      27,108,000      27,333,000      27,333,000
Diluted                                           25,353,000      26,609,000      27,056,000      27,108,000      27,333,000      27,333,000

____________________________________________________________________________________________________________________________________________


EGAIN CORP  (EGAN)                          BALANCE SHEET

Fiscal year ends in June.                            2014-06         2015-06         2016-06         2017-06         2018-06             

Assets

Current assets

Cash

Total cash                                         8,785,000       8,633,000      11,780,000      10,627,000      11,498,000

Receivables                                       11,163,000      13,118,000      11,876,000       7,201,000       7,389,000
Prepaid expenses                                   1,348,000       1,625,000       1,480,000       1,737,000       2,374,000
Other current assets                                 895,000       1,309,000       1,218,000       1,066,000       1,277,000
Total current assets                              22,191,000      24,685,000      26,354,000      20,631,000      22,538,000

Non-current assets

Property, plant and equipment
Gross property, plant and equipment                9,519,000       7,149,000       4,490,000       2,524,000       1,628,000
Accumulated Depreciation                          -5,030,000      -4,013,000      -2,802,000      -1,465,000      -1,069,000
Net property, plant and equipment                  4,489,000       3,136,000       1,688,000       1,059,000         559,000

Goodwill                                           4,880,000      13,186,000      13,186,000      13,186,000      13,186,000
Intangible assets                                          0       7,620,000       4,839,000       2,748,000         733,000
Other long-term assets                             1,087,000       1,104,000       1,996,000       2,127,000       2,606,000
Total non-current assets                          10,456,000      25,046,000      21,709,000      19,120,000      17,084,000

Total assets                                      32,647,000      49,731,000      48,063,000      39,751,000      39,622,000 

Liabilities and stockholders' equity

Liabilities

Current liabilities
Short-term debt                                    1,417,000         505,000         828,000         805,000         259,000
Capital leases                                       392,000         471,000         329,000         108,000          42,000
Accounts payable                                   2,162,000       1,779,000       2,099,000       2,363,000       3,905,000
Taxes payable                                        689,000       1,259,000         795,000         922,000       1,290,000
Accrued liabilities                                  767,000       1,405,000         907,000         980,000         672,000
Deferred revenues                                 12,920,000      14,395,000      16,640,000      18,794,000      18,687,000
Other current liabilities                          5,729,000       6,910,000       5,642,000       4,339,000       5,706,000
Total current liabilities                         24,076,000      26,724,000      27,240,000      28,311,000      30,561,000

Non-current liabilities
Long-term debt                                     3,583,000      18,259,000      20,223,000      14,802,000       8,941,000
Capital leases                                       625,000         295,000         153,000          42,000               0
Deferred revenues                                    793,000       1,417,000       3,045,000       4,887,000       7,833,000
Other long-term liabilities                          521,000       1,937,000       1,679,000       1,330,000       1,000,000
Total non-current liabilities                      5,522,000      21,908,000      25,100,000      21,061,000      17,774,000

Total liabilities                                 29,598,000      48,632,000      52,340,000      49,372,000      48,335,000 

Stockholders' equity

Common stock                                          25,000          27,000          27,000          27,000          28,000
Additional paid-in capital                       330,656,992     341,328,992     342,688,992     343,367,008     346,222,016
Retained earnings                               -326,580,000    -339,008,992    -345,248,992    -351,268,992    -353,260,000
Accumulated other comprehensive income            -1,053,000      -1,248,000      -1,744,000      -1,746,000      -1,703,000
Total stockholders' equity                         3,049,000       1,099,000      -4,277,000      -9,621,000      -8,713,000
Total liabilities and stockholders' equity        32,647,000      49,731,000      48,063,000      39,751,000      39,622,000

____________________________________________________________________________________________________________________________________________


EGAIN CORP  (EGAN)                          Statement of CASH FLOW

Fiscal year ends in June. USD.                       2014-06         2015-06         2016-06         2017-06         2018-06             TTM           

Cash Flows From Operating Activities
Net income                                        -5,246,000     -12,429,000      -6,240,000      -6,020,000      -1,991,000      -1,991,000
Depreciation & amortization                        2,108,000       5,013,000       4,838,000       3,199,000       2,638,000       2,638,000
Amortization of debt discount/premium and is       1,926,000       1,085,000               0               0               0               0
Deferred income taxes                                      0               0      -1,406,000          18,000        -564,000        -564,000
Stock based compensation                           1,527,000       2,317,000       1,188,000         667,000       1,695,000       1,695,000
Change in working capital                         -5,251,000      -6,683,000       2,217,000       6,143,000       3,474,000       3,474,000
Accounts receivable                                1,542,000        -116,000        -272,000       4,209,000        -130,000        -130,000
Prepaid expenses                                   1,168,000         -66,000        -586,000        -267,000        -636,000        -636,000
Accounts payable                                    -514,000      -1,093,000         429,000         262,000       1,540,000       1,540,000
Accrued liabilities                                 -798,000      -1,113,000       3,208,000      -3,281,000        -101,000        -101,000
Other working capital                             -6,649,000      -4,295,000        -562,000       5,220,000       2,801,000       2,801,000
Other non-cash items                                 277,000         194,000       1,270,000       1,394,000       1,339,000       1,339,000
Net cash provided by operating activities         -4,659,000     -10,503,000       1,867,000       5,401,000       6,591,000       6,591,000

Cash Flows From Investing Activities
Investments in property, plant, and equipmen      -1,772,000        -741,000        -547,000        -492,000        -137,000        -137,000
Acquisitions, net                                          0      -1,905,000               0               0               0               0
Other investing activities                            -1,000        -779,000         621,000               0               0               0
Net cash used for investing activities            -1,773,000      -3,425,000          74,000        -492,000        -137,000        -137,000

Cash Flows From Financing Activities
Debt issued                                        3,000,000      26,450,000      11,837,000       8,479,000      13,278,000      13,278,000
Debt repayment                                    -5,727,000     -12,634,000     -10,008,000     -14,329,000     -20,001,000     -20,001,000
Other financing activities                         1,584,000        -203,000         -98,000        -119,000       1,130,000       1,130,000
Net cash provided by (used for) financing         -1,143,000      13,613,000       1,731,000      -5,969,000      -5,593,000      -5,593,000

Effect of exchange rate changes                      154,000         163,000        -525,000         -93,000          10,000          10,000
Net change in cash                                -7,421,000        -152,000       3,147,000      -1,153,000         871,000         871,000
Cash at beginning of period                       16,206,000       8,785,000       8,633,000      11,780,000      10,627,000      10,627,000
Cash at end of period                              8,785,000       8,633,000      11,780,000      10,627,000      11,498,000      11,498,000

Free Cash Flow
Operating cash flow                               -4,659,000     -10,503,000       1,867,000       5,401,000       6,591,000       6,591,000
Capital expenditure                               -1,772,000        -741,000        -547,000        -492,000        -137,000        -137,000
Free cash flow                                    -6,431,000     -11,244,000       1,320,000       4,909,000       6,454,000       6,454,000
____________________________________________________________________________________________________________________________________________





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Average to Current P/E Ratios
              (EGAN)     eGain Corp.

                               2013    2014    2015    2016    2017

          Annual Earnings:    -0.21   -0.47   -0.23   -0.22   -0.07
Average Price During Year:     9.48    7.02    4.14    3.30    2.08

                P/E Ratio:    45.12   14.93   18.02   14.99   29.73

 Average 5-Year P/E Ratio  =  24.56
             Current Price =  7.9

Previous 5 Quarter Earnings:   0.00   -0.02   -0.03    0.00   -0.02

           Current Annualized (Last Four Quarters) Earnings =  -0.05
                                                           ________
                                 Average PE / Current PE =    -0.16
                                                           --------

                                      ...a number above 1.00 is good
                                                1.00 or below is bad


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Institutional Orders to Buy or Sell:

institutions 1
Ownership:

institutions 2


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Sentiment

sentiment

Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.

sentiment sentiment sentiment



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Short Interest Ratio

As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.

short interest short interest


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Standard & Poor's

S&P Stock Report (Requires Adobe Acrobat Reader)



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Management's Discussion of Results of Operations Excerpts

Click Here for Management's Discussion Excerpts



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Channeling Potential

 
The summary below includes a value for `Degree,' which refers on a
scale of 1 to 10 the range of a channel in the period under consi-
deration compared to the total range of price movement. It also looks
for the last closing price to be within the channel, otherwise zeroed.
The `Index' is the `Degree' weighted for volatility.  Generally, the
the higher the index, the more suitable is the stock for trading as
a `rolling stock' between channel high and low points.

Results for EGAIN CORPORATION:
Symbol? EGAN
Total Months Available:  16
       Months in Cycle?   4

Months Covered by Periods:  12

Period 1           Period 2          Period 3
   H1      L1        H2      L2        H3      L3
   6.00    2.10     10.95    4.60     19.05    7.30

RANGE   =  19.05  TO    2.10            Close =   7.55
CHANNEL =   7.30  TO    6.00           Degree =   1
Volatility =  17.22%                    Index =   1
Channel Chart



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MACD Histogram Divergence

The theory is that connecting the two most recent peaks or valleys of the MACD histogram will signal the direction of the next major move.



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Intraday Chart

2 Days:



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Val Idea

1 out of 8 favorable, (negative opinion.)

Val Idea


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Stock Consultant

Stock Consultant Stock Consultant


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Point & Figure Chart

P & F Chart


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Wall Street Analyzer



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Marketspace Chart

Marketspace Chart



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Time Series Forecast

Time Series 1 Time Series 2


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Neural Network Prediction

"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."

Neural Chart
Heading
Neural Trades Neural Prediction



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Ultimate Trading Systems

3 out of 3 of the ultimate systems favor an upmove.


System Below:
Short term outlook: Positive: Bright Green, Negative: Bright Red
Long term outlook: Postive: Dark Green, Negative: Dark Red.




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Recommendation

Decision Weighting Factors
FactorsWeighted Points
News + 1
Comparison + 1
Industry + 1
Bond Issue 0
Zenith Index - 1
Non-GAAP vs. GAAP Earnings + 1
Cash Flow + 1
Average to Current P/E - 1
Ratios - 1
Market Grader - 1
Intrinsic Value DCF - 1
Fair Value Estimator - 1
Projected Earnings - 1
Research Reports - 1
Analysts + 1
Executive Perquisites + 1
Insider Activity - 1
Institutional Activity + 1
Management Reporting - 1
Short Interest + 1
Sentiment + 1
Standard & Poor's - 1
MACD Histogram Divergence - 1
Val Idea - 1
Stock Consultant + 1
Point & Figure - 1
Wall Street Analyzer - 1
Marketspace Chart - 1
Time Series Chart + 1
Neural Network + 1
Stock Options + 1
Ultimate Trading Systems - 1
Total - 3
Place 3,800 shares of eGain Corpopration (EGAN) on the Active List.