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PT Pembangunan Perumahan (Persero) Tbk (ISX:PTPP) 14-Day RSI : 48.06 (As of Dec. 11, 2024)


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What is PT Pembangunan Perumahan (Persero) 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 (2024-12-11), PT Pembangunan Perumahan (Persero) Tbk's 14-Day RSI is 48.06.

The industry rank for PT Pembangunan Perumahan (Persero) Tbk's 14-Day RSI or its related term are showing as below:

ISX:PTPP's 14-Day RSI is ranked better than
59.55% of 1884 companies
in the Construction industry
Industry Median: 50.895 vs ISX:PTPP: 48.06

Competitive Comparison of PT Pembangunan Perumahan (Persero) Tbk's 14-Day RSI

For the Engineering & Construction subindustry, PT Pembangunan Perumahan (Persero) 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 Pembangunan Perumahan (Persero) Tbk's 14-Day RSI Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Pembangunan Perumahan (Persero) Tbk's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where PT Pembangunan Perumahan (Persero) Tbk's 14-Day RSI falls into.



PT Pembangunan Perumahan (Persero) Tbk  (ISX:PTPP) 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 Pembangunan Perumahan (Persero) Tbk  (ISX:PTPP) 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 Pembangunan Perumahan (Persero) Tbk 14-Day RSI Related Terms

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PT Pembangunan Perumahan (Persero) Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjend, TB. Simatupang No. 57, Plaza PP - Wisma Subiyanto, Pasar Rebo, Jakarta, IDN, 13760
PT Pembangunan Perumahan (Persero) Tbk provides construction services. The company organizes itself into six segments: construction, property and realty, EPC (engineering, procurement, and construction), precast, equipment rent service, and energy. The construction segment, which generates the majority of the revenue, offers public construction services, including building airports, dams, railways, and other structures. In the other segments, the company creates and sells construction equipment and materials, develops and operates buildings, and works on projects in the energy, oil, gas, and mining sectors.

PT Pembangunan Perumahan (Persero) Tbk Headlines

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