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Bank Of Ayudhya PCL (BKK:BAY) 14-Day RSI : 53.20 (As of Dec. 14, 2024)


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What is Bank Of Ayudhya PCL 14-Day RSI?

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.

As of today (2024-12-14), Bank Of Ayudhya PCL's 14-Day RSI is 53.20.

The industry rank for Bank Of Ayudhya PCL's 14-Day RSI or its related term are showing as below:

BKK:BAY's 14-Day RSI is ranked worse than
52.69% of 1636 companies
in the Banks industry
Industry Median: 52.52 vs BKK:BAY: 53.20

Competitive Comparison of Bank Of Ayudhya PCL's 14-Day RSI

For the Banks - Regional subindustry, Bank Of Ayudhya PCL'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.


Bank Of Ayudhya PCL's 14-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ayudhya PCL's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Bank Of Ayudhya PCL's 14-Day RSI falls into.



Bank Of Ayudhya PCL  (BKK:BAY) 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.


Bank Of Ayudhya PCL  (BKK:BAY) 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.


Bank Of Ayudhya PCL 14-Day RSI Related Terms

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Bank Of Ayudhya PCL Business Description

Traded in Other Exchanges
Address
1222 Rama III Road, Bang Phongphang Subdistrict, Yannawa District, Bangkok, THA, 10120
Bank Of Ayudhya PCL is a full-service universal bank commonly referred to as Krunsgri, operating mostly in Thailand, and with some exposure to other Asian countries. The bank's operations includes commercial banking, retail banking, and other financial services, such as wealth management, credit cards, insurance, asset management, securities trading, auto hire purchases, equipment leasing, factoring, microfinance, and instalment loans. Its segments include Retail, Commercial and Others.

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