China Sunsine Chemical Holdings (SGX:QES) 14-Day RSI : 42.69 (As of Jun. 20, 2024)

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What is China Sunsine Chemical Holdings 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 (2024-06-20), China Sunsine Chemical Holdings's 14-Day RSI is 42.69.

The industry rank for China Sunsine Chemical Holdings's 14-Day RSI or its related term are showing as below:

SGX:QES's 14-Day RSI is ranked better than
62.61% of 1610 companies
in the Chemicals industry
Industry Median: 46.45 vs SGX:QES: 42.69

Competitive Comparison of China Sunsine Chemical Holdings's 14-Day RSI

For the Specialty Chemicals subindustry, China Sunsine Chemical Holdings'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.

China Sunsine Chemical Holdings's 14-Day RSI Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Sunsine Chemical Holdings's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where China Sunsine Chemical Holdings's 14-Day RSI falls into.

China Sunsine Chemical Holdings (SGX:QES) 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.

China Sunsine Chemical Holdings (SGX:QES) 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.

China Sunsine Chemical Holdings 14-Day RSI Related Terms

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China Sunsine Chemical Holdings (SGX:QES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Sunsine Chemical Holdings Ltd (SGX:QES) » Definitions » 14-Day RSI

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Raffles Quay, No. 15-08 Hong Leong Building, Singapore, SGP, 048581

Website

https://www.chinasunsine.com

China Sunsine Chemical Holdings Ltd is a rubber chemical producing company. It produces rubber accelerators, cured rubber, natural and synthetic rubber. The group also produces insoluble Sulphur, anti-oxidant, and other vulcanizing agents. The company's production facilities are located at Shanxian, Weifang and Dingtao in Shandong Province, China, and its products are sold under the Sunshine brand. The group has three reportable business segments, namely the manufacturing and sale of rubber chemicals, the production and supply of heating power, and waste treatment. It generates the majority of its revenue from the manufacturing and sale of rubber chemicals. The company operates globally and it derives most of its revenue from the People's Republic of China.