The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
As of today (2024-05-05), Agria's 9-Day RSI is N/A.
The industry rank for Agria's 9-Day RSI or its related term are showing as below:
GRO's 9-Day RSI is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 51.73 * Ranked among companies with meaningful 9-Day RSI only.
Competitive Comparison of Agria's 9-Day RSI
For the Farm Products subindustry, Agria's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Agria's 9-Day RSI Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Agria's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Agria's 9-Day RSI falls into.
Agria (NYSE:GRO) 9-Day RSI Calculation
The formula for calculating RSI is:
RSI
=
100
–
[ 100
/
( 1 + Average Gain
/
Average Loss )]
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Agria (NYSE:GRO) 9-Day RSI Explanation
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Agria 9-Day RSI Related Terms
Thank you for viewing the detailed overview of Agria's 9-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Agria Corp was incorporated as a Cayman Islands company in May 2007. The Company is an international agricultural company with operations in New Zealand, Australia, South America and China through its subsidiaries and consolidated structured entities. It has three principal business segments: Seed and Grain - This business segment is engaged in research and development, production, and sale of seed products including forage, turf, maize, corn, cereal and vegetable seeds. Its business also includes multiplication of seed for international customers and trading of seed and grain products globally. Crop Protection, Nutrients and Merchandise - This business segment operates an extensive chain of retail stores that supply farm input materials including chemicals, fertilizers, pollination products, frost protection products, fencing, animal health and nutrition products, grains and seeds, clothing, leisure goods, and gardening equipment. It offers plant nutrition options, supported by industry- knowledge of the specific products and application protocols. Rural Services - This business segment offers services critical to the agricultural economy, including: Livestock - Livestock agents for sheep, beef, dairy, deer farmers, meat processors and livestock exporters. It is engaged in trading livestock through auctions, private on-farm sales, and online or direct sales to meat processors; Wool - Sales agents for sheep farmers, through auctions, forward contracts and private sales; and providing a comprehensive range of services to grower clients and wool processors including on-farm assistance, in-store wool handling and export processing; Irrigation and Pumping - Design, construction, installation and servicing of irrigation and pumping systems; Real Estate - Real estate brokerage focused on farm sales with additional transactions in lifestyle and residential properties; and Insurance - Insurance brokerage providing insurance products. The Company operates predominantly in New Zealand, Australia, South America and China. The Australian and South American business units facilitate the export sales and services of New Zealand operations in addition to their own seed trading operations. Inter-segment pricing is determined on an arm's length basis.
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