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Saudi Pharmaceutical Industries & Medical Appliances (SAU:2070) 14-Day RSI : 19.03 (As of Mar. 15, 2025)


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What is Saudi Pharmaceutical Industries & Medical Appliances 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 (2025-03-15), Saudi Pharmaceutical Industries & Medical Appliances's 14-Day RSI is 19.03.

The industry rank for Saudi Pharmaceutical Industries & Medical Appliances's 14-Day RSI or its related term are showing as below:

SAU:2070's 14-Day RSI is ranked better than
98.16% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 46.59 vs SAU:2070: 19.03

Competitive Comparison of Saudi Pharmaceutical Industries & Medical Appliances's 14-Day RSI

For the Drug Manufacturers - Specialty & Generic subindustry, Saudi Pharmaceutical Industries & Medical Appliances'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.


Saudi Pharmaceutical Industries & Medical Appliances's 14-Day RSI Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Saudi Pharmaceutical Industries & Medical Appliances's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Saudi Pharmaceutical Industries & Medical Appliances's 14-Day RSI falls into.



Saudi Pharmaceutical Industries & Medical Appliances  (SAU:2070) 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.


Saudi Pharmaceutical Industries & Medical Appliances  (SAU:2070) 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.


Saudi Pharmaceutical Industries & Medical Appliances 14-Day RSI Related Terms

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Saudi Pharmaceutical Industries & Medical Appliances Business Description

Traded in Other Exchanges
N/A
Address
King Abdul Aziz Road, Industrial City of Al-Qassim, Buraidah, Riyadh, SAU
Saudi Pharmaceutical Industries & Medical Appliances Corp is involved in the manufacturing of basic chemical substances and products; medicines for human use, including cosmetics; pharmaceutical production and wholesale and retail of medicines and related products; development and marketing of medicinal and pharmaceutical products; research and development in medical science activities; operating and maintaining the healthcare facilities and any investments in related industries. Its geographical segments are Saudi Arabia, Egypt, the Middle East, Morocco and Algeria.

Saudi Pharmaceutical Industries & Medical Appliances Headlines

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