GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Thai Beverage PLC (OTCPK:TBVPF) » Definitions » 14-Day RSI

TBVPF (Thai Beverage) 14-Day RSI : 51.33 (As of Dec. 14, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Thai Beverage 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 (2024-12-14), Thai Beverage's 14-Day RSI is 51.33.

The industry rank for Thai Beverage's 14-Day RSI or its related term are showing as below:

TBVPF's 14-Day RSI is ranked worse than
67.35% of 245 companies
in the Beverages - Alcoholic industry
Industry Median: 52.28 vs TBVPF: 51.33

Competitive Comparison of Thai Beverage's 14-Day RSI

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.


Thai Beverage's 14-Day RSI Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Thai Beverage's 14-Day RSI falls into.



Thai Beverage  (OTCPK:TBVPF) 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.


Thai Beverage  (OTCPK:TBVPF) 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.


Thai Beverage 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Thai Beverage's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Beverage Business Description

Traded in Other Exchanges
Address
14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.

Thai Beverage Headlines

From GuruFocus

Q3 2019 Thai Beverage PCL Earnings Call Transcript

By GuruFocus Research 02-15-2024

Thai Beverage PLC's Dividend Analysis

By GuruFocus Research 05-27-2024

Half Year 2022 Thai Beverage PCL Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q4 2019 Thai Beverage PCL Earnings Call Transcript

By GuruFocus Research 02-15-2024

Full Year 2022 Thai Beverage PCL Earnings Call Transcript

By GuruFocus Research 02-15-2024

Half Year 2021 Thai Beverage PCL Earnings Call Transcript

By GuruFocus Research 02-15-2024

Thai Beverage PLC's Dividend Analysis

By GuruFocus Research 02-05-2024

Full Year 2020 Thai Beverage PCL Earnings Call Transcript

By GuruFocus Research 02-15-2024