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Kemistar (BOM:531163) 14-Day RSI : 49.42 (As of Dec. 12, 2024)


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What is Kemistar 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), Kemistar's 14-Day RSI is 49.42.

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

BOM:531163's 14-Day RSI is ranked better than
57.4% of 1608 companies
in the Chemicals industry
Industry Median: 51.655 vs BOM:531163: 49.42

Competitive Comparison of Kemistar's 14-Day RSI

For the Specialty Chemicals subindustry, Kemistar'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.


Kemistar's 14-Day RSI Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kemistar's 14-Day RSI distribution charts can be found below:

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



Kemistar  (BOM:531163) 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.


Kemistar  (BOM:531163) 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.


Kemistar 14-Day RSI Related Terms

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Kemistar Business Description

Traded in Other Exchanges
N/A
Address
Jodhpur Cross Road, 604, Manas Complex, Satellite, Ahmedabad, GJ, IND, 380015
Kemistar Corp Ltd is an Indian firm engaged in the business of Chemicals. It operates in a single segment that deals with various products of chemical and allied products. The company's products include Pigment Applications used in the manufacture of paints, printing ink, textiles, plastic, rubber, crayons, leather, ceramic, and cement. The firm generates substantial revenue from the sale of chemical products.

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