GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » PT Indo Boga Sukses Tbk (ISX:IBOS) » Definitions » 14-Day RSI

PT Indo Boga Sukses Tbk (ISX:IBOS) 14-Day RSI : 24.49 (As of Dec. 12, 2024)


View and export this data going back to 2022. Start your Free Trial

What is PT Indo Boga Sukses Tbk 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 (2024-12-12), PT Indo Boga Sukses Tbk's 14-Day RSI is 24.49.

The industry rank for PT Indo Boga Sukses Tbk's 14-Day RSI or its related term are showing as below:

ISX:IBOS's 14-Day RSI is ranked better than
93.89% of 360 companies
in the Restaurants industry
Industry Median: 50.425 vs ISX:IBOS: 24.49

Competitive Comparison of PT Indo Boga Sukses Tbk's 14-Day RSI

For the Restaurants subindustry, PT Indo Boga Sukses Tbk'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.


PT Indo Boga Sukses Tbk's 14-Day RSI Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, PT Indo Boga Sukses Tbk's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where PT Indo Boga Sukses Tbk's 14-Day RSI falls into.



PT Indo Boga Sukses Tbk  (ISX:IBOS) 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.


PT Indo Boga Sukses Tbk  (ISX:IBOS) 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.


PT Indo Boga Sukses Tbk 14-Day RSI Related Terms

Thank you for viewing the detailed overview of PT Indo Boga Sukses Tbk's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Indo Boga Sukses Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Randugowang, Sendangadi Village, Mlati District, Sleman Regency, Yogyakarta, IDN, 55285
PT Indo Boga Sukses Tbk is engaged in the food and beverage industry by owning and operating D'Monaco Restaurant which has a European theme and feel. The restaurant offers special events such as wedding reception, birthday celebration, anniversary, pre-wedding photoshoot, bridal shower, board and corporate meeting, fashion show, fine dining, and other social events.

PT Indo Boga Sukses Tbk Headlines

No Headlines