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Patron Exim (BOM:543798) 14-Day RSI : 39.51 (As of Dec. 14, 2024)


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What is Patron Exim 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), Patron Exim's 14-Day RSI is 39.51.

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

BOM:543798's 14-Day RSI is ranked better than
83.46% of 1608 companies
in the Chemicals industry
Industry Median: 49.485 vs BOM:543798: 39.51

Competitive Comparison of Patron Exim's 14-Day RSI

For the Chemicals subindustry, Patron Exim'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.


Patron Exim's 14-Day RSI Distribution in the Chemicals Industry

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

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



Patron Exim  (BOM:543798) 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.


Patron Exim  (BOM:543798) 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.


Patron Exim 14-Day RSI Related Terms

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Patron Exim Business Description

Traded in Other Exchanges
N/A
Address
Science City Road, A-1106, Empire Business Hub, Sola, Ahmedabad, GJ, IND, 380060
Patron Exim Ltd is engaged in the trading and distribution of pharmaceutical raw material which is also known as APIs (Active Pharmaceutical Ingredients), industrial, excipient and solvents. its product portfolio comprises of around 150 AIPs, Excipient, Pharma Chemical & Intermediates. It is also in the trading of variety of chemicals, such as, Petrochemicals, Dyes & Pigment Chemicals, Paints & Speciality Chemical, Agro Chemicals, Oil & Refinery Chemicals, Foam & Adhesive, Plywood & Laminates Chemical. The Chemicals also includes food industry & water treatment chemicals, resins & plastics chemicals, polymers and additives etc. The Company is mainly dealing in Pharmaceutical Business i.e. trading of pharma products and commission agent in pharma products etc.

Patron Exim Headlines

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