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Borosil Scientific (NSE:BOROSCI) 14-Day RSI : 52.26 (As of Dec. 12, 2024)


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What is Borosil Scientific 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), Borosil Scientific's 14-Day RSI is 52.26.

The industry rank for Borosil Scientific's 14-Day RSI or its related term are showing as below:

NSE:BOROSCI's 14-Day RSI is ranked worse than
54.48% of 435 companies
in the Packaging & Containers industry
Industry Median: 51.27 vs NSE:BOROSCI: 52.26

Competitive Comparison of Borosil Scientific's 14-Day RSI

For the Packaging & Containers subindustry, Borosil Scientific'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.


Borosil Scientific's 14-Day RSI Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Borosil Scientific's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Borosil Scientific's 14-Day RSI falls into.



Borosil Scientific  (NSE:BOROSCI) 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.


Borosil Scientific  (NSE:BOROSCI) 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.


Borosil Scientific 14-Day RSI Related Terms

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Borosil Scientific Business Description

Comparable Companies
Traded in Other Exchanges
Address
No- 1101, Crescenzo, G-Block, Opposite MCA Club, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
Borosil Scientific Ltd manufactures Glass Ampoules and Tubular Glass Vials used as primary packaging materials by pharmaceutical companies. The company has two business segments: Scientificware, which manufactures and trades items used in laboratories, scientific ware, and pharmaceutical packaging; and Consumerware: Comprising of manufacturing of items for domestic use. The majority of its revenue is generated from the Scientificware segment.

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