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FocalTech Systems Co (TPE:3545) 14-Day RSI : 43.25 (As of May. 04, 2024)


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What is FocalTech Systems 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 (2024-05-04), FocalTech Systems Co's 14-Day RSI is 43.25.

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

TPE:3545's 14-Day RSI is ranked better than
75.45% of 1002 companies
in the Semiconductors industry
Industry Median: 49.625 vs TPE:3545: 43.25

Competitive Comparison of FocalTech Systems Co's 14-Day RSI

For the Semiconductors subindustry, FocalTech Systems 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.


FocalTech Systems Co's 14-Day RSI Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, FocalTech Systems Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where FocalTech Systems Co's 14-Day RSI falls into.



FocalTech Systems Co  (TPE:3545) 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.


FocalTech Systems Co  (TPE:3545) 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.


FocalTech Systems Co 14-Day RSI Related Terms

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FocalTech Systems Co (TPE:3545) Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Huanke 1st Road, 11-1st Floor, Hsin-Chu County, Zhubei, TWN, 302
FocalTech Systems Co Ltd develops and manufactures human-machine interface solutions. Its products include touch panel controller integrated circuits and liquid crystal display, or LCD, driver integrated circuits for mobile devices. LCD product options accommodate various capacitive touchscreen panels that adopt an array of structures, processes, and materials. FocalTech's multitouch panel technology holds a multitude of different capabilities including mass-production adaptability, anti-interference capabilities, and individualized capabilities. These capabilities permit stable touch control, enhanced user experience, and the possibility of personalized applications. A network of global sales offices allows the company to offer its product portfolio in local service.

FocalTech Systems Co (TPE:3545) Headlines

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