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.
PLPC's 14-Day RSI is ranked better than 50.79% of 3101
companies
in the Industrial Products industry
Industry Median: 49.15
vs PLPC: 48.96
Competitive Comparison of Preformed Line Products Co's 14-Day RSI
For the Electrical Equipment & Parts subindustry, Preformed Line Products Co's 14-Day RSI, along with its competitors' market caps and 14-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.
Preformed Line Products Co's 14-Day RSI Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Preformed Line Products Co's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Preformed Line Products Co's 14-Day RSI falls into.
Preformed Line Products Co (NAS:PLPC) 14-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.
Preformed Line Products Co (NAS:PLPC) 14-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.
Preformed Line Products Co 14-Day RSI Related Terms
Thank you for viewing the detailed overview of Preformed Line Products Co's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Preformed Line Products Co (Preformed Line Products Co) Business Description
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PLPC has been successfully added to your