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Silco Pharmaceuticals (DHA:SILCOPHL) 14-Day RSI : 16.64 (As of Apr. 23, 2025)


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What is Silco Pharmaceuticals 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 (2025-04-23), Silco Pharmaceuticals's 14-Day RSI is 16.64.

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

DHA:SILCOPHL's 14-Day RSI is ranked better than
99.16% of 1072 companies
in the Drug Manufacturers industry
Industry Median: 50.005 vs DHA:SILCOPHL: 16.64

Competitive Comparison of Silco Pharmaceuticals's 14-Day RSI

For the Drug Manufacturers - Specialty & Generic subindustry, Silco Pharmaceuticals'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.


Silco Pharmaceuticals's 14-Day RSI Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silco Pharmaceuticals's 14-Day RSI distribution charts can be found below:

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


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Silco Pharmaceuticals  (DHA:SILCOPHL) 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.


Silco Pharmaceuticals  (DHA:SILCOPHL) 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.


Silco Pharmaceuticals 14-Day RSI Related Terms

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Silco Pharmaceuticals Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
41, Nurani, Bankolapara, Subidbazar, Sylhet, BGD, 3100
Silco Pharmaceuticals Ltd is engaged in manufacturing and marketing of pharmaceuticals finished products in the categories of Antibiotics, Analgesics, Anti diabetics, Narcotics, Antipyratics, Anti-inflammatory Drugs, Antiulcerants, Multi medicines which are sold mainly in local market.

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