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Photoquip India (BOM:526588) 14-Day RSI : 59.67 (As of Dec. 12, 2024)


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What is Photoquip India 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 (2024-12-12), Photoquip India's 14-Day RSI is 59.67.

The industry rank for Photoquip India's 14-Day RSI or its related term are showing as below:

BOM:526588's 14-Day RSI is ranked worse than
70.76% of 903 companies
in the Travel & Leisure industry
Industry Median: 52.49 vs BOM:526588: 59.67

Competitive Comparison of Photoquip India's 14-Day RSI

For the Leisure subindustry, Photoquip India'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.


Photoquip India's 14-Day RSI Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Photoquip India's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Photoquip India's 14-Day RSI falls into.



Photoquip India  (BOM:526588) 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.


Photoquip India  (BOM:526588) 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.


Photoquip India 14-Day RSI Related Terms

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Photoquip India Business Description

Traded in Other Exchanges
N/A
Address
Vidyalankar College Road, 10/116, Salt Pan Division, Lloyds Compound, Antop Hill, Wadala (East), Mumbai, MH, IND, 400037
Photoquip India Ltd is engaged in the business of manufacturing Digital Studio Flash Lights and Photographic Accessories. The Company sells its products in the domestic as well as export markets. Company has one operating segment i.e. Digital Studio Flash-Lights and Photographic Accessories.

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