GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sitoy Group Holdings Ltd (HKSE:01023) » Definitions » 14-Day RSI

Sitoy Group Holdings (HKSE:01023) 14-Day RSI : 42.35 (As of Apr. 21, 2025)


View and export this data going back to 2011. Start your Free Trial

What is Sitoy Group 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 (2025-04-21), Sitoy Group Holdings's 14-Day RSI is 42.35.

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

HKSE:01023's 14-Day RSI is ranked better than
67.97% of 1177 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 47.8 vs HKSE:01023: 42.35

Competitive Comparison of Sitoy Group Holdings's 14-Day RSI

For the Footwear & Accessories subindustry, Sitoy Group 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.


Sitoy Group Holdings's 14-Day RSI Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sitoy Group Holdings's 14-Day RSI falls into.


;
;

Sitoy Group Holdings  (HKSE:01023) 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.


Sitoy Group Holdings  (HKSE:01023) 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.


Sitoy Group Holdings 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Sitoy Group Holdings's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Sitoy Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
164 Wai Yip Street, 9th Floor, Sitoy Tower, Kowloon, Kwun Tong, Hong Kong, HKG
Sitoy Group Holdings Ltd predominantly serves as a contract manufacturer of handbags, small leather goods, footwear products, and travel goods for high-end and luxury brand customers. The company has three self-owned brands, namely Tuscan's, Fashion & Joy, and Duffy, and acts as a distributor in Mainland China, Hong Kong, and Macau for the Cole Haan brand. Its reportable operating segments are; Retail, Manufacturing, and Property investment. Maximum revenue is generated from its Manufacturing segment which produces handbags, small leather goods, and travel goods for branding and resale by others. Geographically, it derives key revenue from the Chinese Mainland, Hong Kong, Macau and Taiwan, and the rest from North America, Europe, other Asian countries, and other regions.
Executives
Samarang Ucits 2101 Beneficial owner
Yeung Michael Wah Keung 2101 Beneficial owner
Yeung Wo Fai 2101 Beneficial owner
Bellatrix S.p.a. 2201 Interest of corporation controlled by you
Bertelli Patrizio 2201 Interest of corporation controlled by you
Ludo S.p.a. 2201 Interest of corporation controlled by you
Pa Be 1 S.p.a. 2201 Interest of corporation controlled by you
Prada Bianchi Miuccia 2201 Interest of corporation controlled by you
Prada Holding S.p.a. 2201 Interest of corporation controlled by you
Prada S.p.a. 2101 Beneficial owner

Sitoy Group Holdings Headlines

No Headlines