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Utkarsh Small Finance Bank (BOM:543942) 14-Day RSI : 45.37 (As of May. 12, 2024)


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What is Utkarsh Small Finance Bank 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 (2024-05-12), Utkarsh Small Finance Bank's 14-Day RSI is 45.37.

The industry rank for Utkarsh Small Finance Bank's 14-Day RSI or its related term are showing as below:

BOM:543942's 14-Day RSI is ranked better than
72.97% of 1587 companies
in the Banks industry
Industry Median: 53.12 vs BOM:543942: 45.37

Competitive Comparison of Utkarsh Small Finance Bank's 14-Day RSI

For the Banks - Regional subindustry, Utkarsh Small Finance Bank'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.


Utkarsh Small Finance Bank's 14-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Utkarsh Small Finance Bank's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Utkarsh Small Finance Bank's 14-Day RSI falls into.



Utkarsh Small Finance Bank  (BOM:543942) 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.


Utkarsh Small Finance Bank  (BOM:543942) 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.


Utkarsh Small Finance Bank 14-Day RSI Related Terms

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Utkarsh Small Finance Bank (BOM:543942) Business Description

Traded in Other Exchanges
Address
NH – 31 (Airport Road), Utkarsh Tower, Sehmalpur, Kazi Sarai, Harhua, Varanasi, UP, IND, 221105
Utkarsh Small Finance Bank Ltd is an SFB in India. It offers a range of financial products and services that address the specific requirements of our customer segments while assessing factors including income profile and the type of security available. its asset products include Microbanking loans, retail loans, wholesale lending, housing loans, commercial vehicle/construction equipment loans, and gold loans. On the liabilities side, the company offer savings accounts, current accounts, and a variety of term and recurring deposit accounts. It also provides non-credit offerings comprising ATM-cum-debit cards, and bill payment systems and distributes third-party point-of-sales terminals, mutual funds, and insurance products.

Utkarsh Small Finance Bank (BOM:543942) Headlines

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