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technotrans SE (XTER:TTR1) 14-Day RSI : 62.38 (As of Dec. 15, 2024)


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What is technotrans SE 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 (2024-12-15), technotrans SE's 14-Day RSI is 62.38.

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

XTER:TTR1's 14-Day RSI is ranked worse than
86.01% of 3102 companies
in the Industrial Products industry
Industry Median: 50.23 vs XTER:TTR1: 62.38

Competitive Comparison of technotrans SE's 14-Day RSI

For the Specialty Industrial Machinery subindustry, technotrans SE'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.


technotrans SE's 14-Day RSI Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, technotrans SE's 14-Day RSI distribution charts can be found below:

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



technotrans SE  (XTER:TTR1) 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.


technotrans SE  (XTER:TTR1) 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.


technotrans SE 14-Day RSI Related Terms

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technotrans SE Business Description

Traded in Other Exchanges
Address
Robert-Linnemann-Strasse 17, Sassenberg, DEU, D - 48336
technotrans SE is a technology and services group with worldwide operations. The company focuses on application-specific solutions in the area of thermal management. As an integral component of customer systems, these solutions optimize energy consumption and govern the temperatures encountered in sophisticated technological applications. Technotrans has defined the four focus markets Plastics, Energy Management (including electric mobility, high power charging stations, and data centres), Healthcare & Analytics and Print. It also develops specialized cooling and filtration solutions for the Laser & Machine Tools area. The firm also offers an extensive portfolio of services including installation, maintenance, repair, a 24/7 parts supply, and technical documentation.
Executives
Natascha Sander CFO (interim)
Robin Schaede Board of Directors
Michael Finger Board of Directors
Peter Hirsch Board of Directors

technotrans SE Headlines

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