Majestic Dragon AeroTech Holdings (HKSE:00918) 14-Day RSI : 45.82 (As of Mar. 04, 2025)

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What is Majestic Dragon AeroTech Holdings 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 (2025-03-04), Majestic Dragon AeroTech Holdings's 14-Day RSI is 45.82.

The industry rank for Majestic Dragon AeroTech Holdings's 14-Day RSI or its related term are showing as below:

HKSE:00918's 14-Day RSI is ranked worse than
84.75% of 1174 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 46.09 vs HKSE:00918: 45.82

Competitive Comparison of Majestic Dragon AeroTech Holdings's 14-Day RSI

For the Apparel Manufacturing subindustry, Majestic Dragon AeroTech Holdings'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.

Majestic Dragon AeroTech Holdings's 14-Day RSI Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Majestic Dragon AeroTech Holdings's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Majestic Dragon AeroTech Holdings's 14-Day RSI falls into.

Majestic Dragon AeroTech Holdings (HKSE:00918) 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.

Majestic Dragon AeroTech Holdings (HKSE:00918) 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.

Majestic Dragon AeroTech Holdings 14-Day RSI Related Terms

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Majestic Dragon AeroTech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Majestic Dragon AeroTech Holdings Ltd (HKSE:00918) » Definitions » 14-Day RSI

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.seiah.com

Majestic Dragon AeroTech Holdings Ltd, formerly State Energy Group International Assets Holdings Ltd along with its subsidiaries, is principally engaged in the wholesale of consumer products including timepieces and accessories, garment and sportswear products, property investment, and provision of marketing services. Its segment includes Wholesale business Watch, Wholesale business Garment, Property investment, and Unmanned aerial vehicles business. Maximum revenue is generated from the Unmanned aerial vehicles business that sells unmanned aerial vehicles and related parts for fire-fighting, logistics transportation, communication, and agricultural use. Geographically, it derives key revenue from the People's Republic of China followed by the Middle East, Hong Kong, Africa, and Taiwan.

Executives

Zhang Jinbing	2101 Beneficial owner
Always Profit Development Limited	2101 Beneficial owner
Golden Bold Holdings Limited	2101 Beneficial owner
Wang Yuelai	2201 Interest of corporation controlled by you
Chong Kin Group Holdings Ltd.	2106 Person having a security interest in shares
State Energy Hk Limited	2101 Beneficial owner
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Quan Hui	2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Niu Fang	2201 Interest of corporation controlled by you
Hu Zhang Cui	2202 Interest of your spouse

Majestic Dragon AeroTech Holdings Headlines

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