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Joindre Capital Services (BOM:531861) 14-Day RSI : 51.20 (As of Dec. 14, 2024)


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What is Joindre Capital Services 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), Joindre Capital Services's 14-Day RSI is 51.20.

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

BOM:531861's 14-Day RSI is ranked better than
53.29% of 837 companies
in the Capital Markets industry
Industry Median: 51.97 vs BOM:531861: 51.20

Competitive Comparison of Joindre Capital Services's 14-Day RSI

For the Capital Markets subindustry, Joindre Capital Services'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.


Joindre Capital Services's 14-Day RSI Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Joindre Capital Services's 14-Day RSI distribution charts can be found below:

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



Joindre Capital Services  (BOM:531861) 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.


Joindre Capital Services  (BOM:531861) 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.


Joindre Capital Services 14-Day RSI Related Terms

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Joindre Capital Services Business Description

Traded in Other Exchanges
N/A
Address
Homi Modi Street, 9/15 Bansilal Building, Office No. 29-32, 3rd Floor, Fort, Mumbai, MH, IND, 400023
Joindre Capital Services Ltd is engaged in the capital market business sector. The company provides various services like retail investment, institutional broking, mutual fund, derivatives, initial public offerings, internet trading, research, and others. The company has one business segment that is stock broking business and allied activities.

Joindre Capital Services Headlines

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