Hygeia Healthcare Holdings Co (HKSE:06078) 14-Day RSI : 33.26 (As of Jun. 23, 2024)

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What is Hygeia Healthcare Holdings Co 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 (2024-06-23), Hygeia Healthcare Holdings Co's 14-Day RSI is 33.26.

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

HKSE:06078's 14-Day RSI is ranked better than
82.27% of 705 companies
in the Healthcare Providers & Services industry
Industry Median: 45.54 vs HKSE:06078: 33.26

Competitive Comparison of Hygeia Healthcare Holdings Co's 14-Day RSI

For the Medical Care Facilities subindustry, Hygeia Healthcare Holdings Co'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.

Hygeia Healthcare Holdings Co's 14-Day RSI Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hygeia Healthcare Holdings Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Hygeia Healthcare Holdings Co's 14-Day RSI falls into.

Hygeia Healthcare Holdings Co (HKSE:06078) 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.

Hygeia Healthcare Holdings Co (HKSE:06078) 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.

Hygeia Healthcare Holdings Co 14-Day RSI Related Terms

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Hygeia Healthcare Holdings Co (HKSE:06078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hygeia Healthcare Holdings Co Ltd (HKSE:06078) » Definitions » 14-Day RSI

Comparable Companies

Traded in Other Exchanges

HYHHF:USA

Address

No. 228 Meiyuan Road, Enterprise Square, Suites 702-707, Jing’an District, Shanghai, CHN

Website

http://www.hygeia-group.com.cn

Hygeia Healthcare Holdings Co Ltd is an oncology healthcare group in China. The company operates in three segments, namely Hospital Business, Radiotherapy Business, and Other Business. The company generates revenues by operating private for-profit hospitals it owns and provides a wide range of oncology healthcare services and other healthcare services; provision of radiotherapy center consulting services, licensing of its proprietary SRT equipment, and provision of maintenance and technical support services with its proprietary SRT equipment; and managing and operating, and receiving management fees from, private not-for-profit hospitals in which it holds organizer's interest. All of its revenues come from China.

Executives

Zhu Yiwen	2201 Interest of corporation controlled by you
Ren Ai	2202 Interest of your spouse
Zhu Jianqiao	2401 A concert party to an agreement to buy shares
Yi Fang Da Ji Jin Guan Li You Xian Gong Si	2102 Investment manager
Ren Ai	2501 Other
Amber Tree Holdings Limited	2501 Other
Century River Holdings Limited	2501 Other
Century River Investment Holdings Limited	2501 Other
Red Palm Holdings Limited	2501 Other
Red Palm Investment Holdings Limited	2501 Other
Morgan Stanley & Co. International Plc	2101 Beneficial owner
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you

Hygeia Healthcare Holdings Co (HKSE:06078) Headlines

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