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Chongqing Rural Commercial Bank Co (STU:C3B) 14-Day RSI : 76.20 (As of Dec. 12, 2024)


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What is Chongqing Rural Commercial Bank 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 (2024-12-12), Chongqing Rural Commercial Bank Co's 14-Day RSI is 76.20.

The industry rank for Chongqing Rural Commercial Bank Co's 14-Day RSI or its related term are showing as below:

STU:C3B's 14-Day RSI is ranked worse than
58.83% of 1637 companies
in the Banks industry
Industry Median: 54.79 vs STU:C3B: 76.20

Competitive Comparison of Chongqing Rural Commercial Bank Co's 14-Day RSI

For the Banks - Regional subindustry, Chongqing Rural Commercial Bank 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.


Chongqing Rural Commercial Bank Co's 14-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Chongqing Rural Commercial Bank Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Chongqing Rural Commercial Bank Co's 14-Day RSI falls into.



Chongqing Rural Commercial Bank Co  (STU:C3B) 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.


Chongqing Rural Commercial Bank Co  (STU:C3B) 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.


Chongqing Rural Commercial Bank Co 14-Day RSI Related Terms

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Chongqing Rural Commercial Bank Co Business Description

Traded in Other Exchanges
Address
348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, HKG
Chongqing Rural Commercial Bank Co Ltd provides a range of banking and related services in China. The company operates in three segments: Corporate banking, which includes corporate loans, trade financing, deposit takings, financial leasing, and other services; Personal banking segment includes personal loans, deposit products, card business, personal wealth management services, and other services; and Financial market operations, which conducts money market or repurchase transactions and debt instruments investment. Its geographical segments are County and Urban.

Chongqing Rural Commercial Bank Co Headlines

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