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Henan Qingshuiyuan Technology Co (SZSE:300437) 14-Day RSI : 52.09 (As of Dec. 11, 2024)


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What is Henan Qingshuiyuan Technology 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 (2024-12-11), Henan Qingshuiyuan Technology Co's 14-Day RSI is 52.09.

The industry rank for Henan Qingshuiyuan Technology Co's 14-Day RSI or its related term are showing as below:

SZSE:300437's 14-Day RSI is ranked worse than
54.32% of 1609 companies
in the Chemicals industry
Industry Median: 51.52 vs SZSE:300437: 52.09

Competitive Comparison of Henan Qingshuiyuan Technology Co's 14-Day RSI

For the Specialty Chemicals subindustry, Henan Qingshuiyuan Technology 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.


Henan Qingshuiyuan Technology Co's 14-Day RSI Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Henan Qingshuiyuan Technology Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Henan Qingshuiyuan Technology Co's 14-Day RSI falls into.



Henan Qingshuiyuan Technology Co  (SZSE:300437) 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.


Henan Qingshuiyuan Technology Co  (SZSE:300437) 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.


Henan Qingshuiyuan Technology Co 14-Day RSI Related Terms

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Henan Qingshuiyuan Technology Co Business Description

Traded in Other Exchanges
N/A
Address
East of 207 National Road, Yucheng Town, Henan Province, Jiyuan City, CHN, 454650
Henan Qingshuiyuan Technology Co Ltd is engaged in the production and research and development of scale inhibitors, dispersants, bacterial preservatives, metal ion chelating agents, and daily chemical additives.
Executives
Wang Lin Executives
Yang Li Juan Executives
Zhu Xiao Jun Secretary, Director
Wang Zhi Qing Director

Henan Qingshuiyuan Technology Co Headlines

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