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Huashi Group Holdings (HKSE:01111) 14-Day RSI : 35.80 (As of Dec. 15, 2024)


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What is Huashi 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 (2024-12-15), Huashi Group Holdings's 14-Day RSI is 35.80.

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

HKSE:01111's 14-Day RSI is ranked better than
89.04% of 1086 companies
in the Media - Diversified industry
Industry Median: 50.485 vs HKSE:01111: 35.80

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

For the Advertising Agencies subindustry, Huashi 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.


Huashi Group Holdings's 14-Day RSI Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huashi Group Holdings's 14-Day RSI distribution charts can be found below:

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



Huashi Group Holdings  (HKSE:01111) 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.


Huashi Group Holdings  (HKSE:01111) 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.


Huashi Group Holdings 14-Day RSI Related Terms

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Huashi Group Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang District, Hubei Province, Wuhan, CHN
Huashi Group Holdings Ltd is a branding, advertising, and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising, and marketing projects through collaboration with different media resources suppliers to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.
Executives
Chen Jicheng 2201 Interest of corporation controlled by you
Wang Shujin 2201 Interest of corporation controlled by you
Nie Xing 2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si 2101 Beneficial owner

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