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Jiangsu Yabang Dyestuff Co (SHSE:603188) 14-Day RSI : 45.24 (As of May. 25, 2024)


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What is Jiangsu Yabang Dyestuff Co 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 (2024-05-25), Jiangsu Yabang Dyestuff Co's 14-Day RSI is 45.24.

The industry rank for Jiangsu Yabang Dyestuff Co's 14-Day RSI or its related term are showing as below:

SHSE:603188's 14-Day RSI is ranked better than
62.9% of 1612 companies
in the Chemicals industry
Industry Median: 48.315 vs SHSE:603188: 45.24

Competitive Comparison of Jiangsu Yabang Dyestuff Co's 14-Day RSI

For the Chemicals subindustry, Jiangsu Yabang Dyestuff Co'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.


Jiangsu Yabang Dyestuff Co's 14-Day RSI Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Yabang Dyestuff Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Jiangsu Yabang Dyestuff Co's 14-Day RSI falls into.



Jiangsu Yabang Dyestuff Co  (SHSE:603188) 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.


Jiangsu Yabang Dyestuff Co  (SHSE:603188) 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.


Jiangsu Yabang Dyestuff Co 14-Day RSI Related Terms

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Jiangsu Yabang Dyestuff Co (SHSE:603188) Business Description

Traded in Other Exchanges
N/A
Address
Niutang, Jiangsu Province, Changzhou, CHN
Jiangsu Yabang Dyestuff Co Ltd mainly produces and sells dyestuffs and the intermediates. It offers products such as vat dyes, disperse dyes, solvent dyes, phthalo cyanine and intermediaries such as anthraquinone, bromamine acid and benzanthrone.
Executives
Xu Yun Xia Director
Zhou Duo Gang Director
Lu Jian Ping Director
Wu Wei Supervisors
Zhang Yi Qing senior management
Zhang Qing Ping Supervisors
Zhang Long Xin Director
Zhang Li Na senior management
Zhang Wei Feng senior management
Xu Li Juan Supervisors
Shang Jun Ping senior management
Tong Guo Qing Supervisors
Qian Guang You Director
Zhou Xiang Dong senior management
Xu Xu Dong Director

Jiangsu Yabang Dyestuff Co (SHSE:603188) Headlines

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