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Per Aarsleff Holding AS (FRA:PE9) 14-Day RSI : 56.52 (As of Dec. 15, 2024)


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What is Per Aarsleff Holding AS 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 (2024-12-15), Per Aarsleff Holding AS's 14-Day RSI is 56.52.

The industry rank for Per Aarsleff Holding AS's 14-Day RSI or its related term are showing as below:

FRA:PE9's 14-Day RSI is ranked worse than
76.19% of 1886 companies
in the Construction industry
Industry Median: 50.3 vs FRA:PE9: 56.52

Competitive Comparison of Per Aarsleff Holding AS's 14-Day RSI

For the Engineering & Construction subindustry, Per Aarsleff Holding AS'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.


Per Aarsleff Holding AS's 14-Day RSI Distribution in the Construction Industry

For the Construction industry and Industrials sector, Per Aarsleff Holding AS's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Per Aarsleff Holding AS's 14-Day RSI falls into.



Per Aarsleff Holding AS  (FRA:PE9) 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.


Per Aarsleff Holding AS  (FRA:PE9) 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.


Per Aarsleff Holding AS 14-Day RSI Related Terms

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Per Aarsleff Holding AS Business Description

Traded in Other Exchanges
Address
Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding AS contracts, plans and implements projects in infrastructure, climate change adaptation, environment, energy, construction, and collaboration. It has Construction, Pipe technologies, Technical, rail, and Ground engineering segments. Construction segment consists construction, shell structures, building construction and international projects. Pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. Ground engineering segment comprises ground engineering, pile factories, and engineering, Rail segment comprises train station services, service center operations, and maintenance projects. It derives key revenue from the Construction segment. Geographically the group has a business presence in Denmark and other countries.

Per Aarsleff Holding AS Headlines

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