Harbin Jiuzhou Group Co (SZSE:300040) 14-Day RSI : 43.91 (As of Jun. 20, 2024)

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What is Harbin Jiuzhou Group 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 (2024-06-20), Harbin Jiuzhou Group Co's 14-Day RSI is 43.91.

The industry rank for Harbin Jiuzhou Group Co's 14-Day RSI or its related term are showing as below:

SZSE:300040's 14-Day RSI is ranked worse than
50.79% of 3103 companies
in the Industrial Products industry
Industry Median: 47.33 vs SZSE:300040: 43.91

Competitive Comparison of Harbin Jiuzhou Group Co's 14-Day RSI

For the Specialty Industrial Machinery subindustry, Harbin Jiuzhou Group 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.

Harbin Jiuzhou Group Co's 14-Day RSI Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harbin Jiuzhou Group Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Harbin Jiuzhou Group Co's 14-Day RSI falls into.

Harbin Jiuzhou Group Co (SZSE:300040) 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.

Harbin Jiuzhou Group Co (SZSE:300040) 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.

Harbin Jiuzhou Group Co 14-Day RSI Related Terms

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Harbin Jiuzhou Group Co (SZSE:300040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harbin Jiuzhou Group Co Ltd (SZSE:300040) » Definitions » 14-Day RSI

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 609 Jiuzhou Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150027

Website

http://www.jze.com.cn

Harbin Jiuzhou Group Co Ltd operates as an electrical equipment supplier and energy efficient management solutions provider. The solutions provided by the company include building technology, distribution automation, rail transit solution, data center, and city and infrastructure. The products and services include power products, switchgear, high voltage motor drive products, and power system automation.

Executives

Li Yin	Director
Li Zhen	Securities Affairs Representative
Zhang Qing	Directors, executives
Liu Fu Li	Executives
Yang Deng Rui	Independent director
Zou Cun Dong	Executives

Harbin Jiuzhou Group Co (SZSE:300040) Headlines

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