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Nanfang Communication Holdings (HKSE:01617) 14-Day RSI : 48.91 (As of Dec. 14, 2024)


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What is Nanfang Communication 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 (2024-12-14), Nanfang Communication Holdings's 14-Day RSI is 48.91.

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

HKSE:01617's 14-Day RSI is ranked better than
51.56% of 2506 companies
in the Hardware industry
Industry Median: 49.325 vs HKSE:01617: 48.91

Competitive Comparison of Nanfang Communication Holdings's 14-Day RSI

For the Communication Equipment subindustry, Nanfang Communication 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.


Nanfang Communication Holdings's 14-Day RSI Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanfang Communication Holdings's 14-Day RSI distribution charts can be found below:

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



Nanfang Communication Holdings  (HKSE:01617) 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.


Nanfang Communication Holdings  (HKSE:01617) 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.


Nanfang Communication Holdings 14-Day RSI Related Terms

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Nanfang Communication Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Cencun Road, Luoyang Town, Wujin District, Jiangsu Province, Changzhou, CHN
Nanfang Communication Holdings Ltd manufactures and supplies a wide range of optical fiber cable components. The products of the company are used in different applications, such as mobile communication networks, internet networks, and fixed telephone networks in the telecommunications industry, and can be installed under different conditions. The company's products include central Unitube optical fiber cables, Layer Stranded optical fiber products, copper made communication cables, copper made enamelled wires, and others. The company's operation is principally in the People's Republic of China.
Executives
Shi Ming 2101 Beneficial owner
Yu Rumin 2101 Beneficial owner
Pacific Mind Development Limited 2101 Beneficial owner
Ubs Tc (jersey) Ltd 2301 Trustee
Yu Jianguang 2202 Interest of your spouse
Yu Jinlai 2305 Beneficiary of a trust
Yu Ruping 2101 Beneficial owner
Zhu Qinying 2202 Interest of your spouse

Nanfang Communication Holdings Headlines

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