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.
The industry rank for AiXin Life International's 14-Day RSI or its related term are showing as below:
AIXN's 14-Day RSI is ranked better than 99.13% of 344
companies
in the Retail - Defensive industry
Industry Median: 51.575
vs AIXN: 4.91
Competitive Comparison of AiXin Life International's 14-Day RSI
For the Food Distribution subindustry, AiXin Life International'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.
AiXin Life International's 14-Day RSI Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, AiXin Life International's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where AiXin Life International's 14-Day RSI falls into.
AiXin Life International (OTCPK:AIXN) 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.
AiXin Life International (OTCPK:AIXN) 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.
AiXin Life International 14-Day RSI Related Terms
Thank you for viewing the detailed overview of AiXin Life International's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
AiXin Life International Inc manufactures, market and sells premium-quality healthcare, nutritional products, and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods, and drinks. The operating segments are products, Pharmacies, Hotels, and manufacturer and sales. It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.
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