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TravelSky Technology (HKSE:00696) 14-Day RSI : 50.76 (As of Dec. 12, 2024)


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What is TravelSky Technology 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 (2024-12-12), TravelSky Technology's 14-Day RSI is 50.76.

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

HKSE:00696's 14-Day RSI is ranked better than
52.36% of 2907 companies
in the Software industry
Industry Median: 51.38 vs HKSE:00696: 50.76

Competitive Comparison of TravelSky Technology's 14-Day RSI

For the Information Technology Services subindustry, TravelSky Technology'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.


TravelSky Technology's 14-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, TravelSky Technology's 14-Day RSI distribution charts can be found below:

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



TravelSky Technology  (HKSE:00696) 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.


TravelSky Technology  (HKSE:00696) 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.


TravelSky Technology 14-Day RSI Related Terms

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TravelSky Technology Business Description

Traded in Other Exchanges
Address
TravelSky High-Tech Industrial Park, Houshayu Town, Shunyi District, Beijing, CHN, 101318
TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Fidelity Investment Trust 2101 Beneficial owner

TravelSky Technology Headlines

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