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Dalekovod DD (ZAG:DLKV) 14-Day RSI : 39.20 (As of Dec. 15, 2024)


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What is Dalekovod DD 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), Dalekovod DD's 14-Day RSI is 39.20.

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

ZAG:DLKV's 14-Day RSI is ranked better than
83.78% of 1886 companies
in the Construction industry
Industry Median: 50.3 vs ZAG:DLKV: 39.20

Competitive Comparison of Dalekovod DD's 14-Day RSI

For the Engineering & Construction subindustry, Dalekovod DD'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.


Dalekovod DD's 14-Day RSI Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dalekovod DD's 14-Day RSI distribution charts can be found below:

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



Dalekovod DD  (ZAG:DLKV) 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.


Dalekovod DD  (ZAG:DLKV) 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.


Dalekovod DD 14-Day RSI Related Terms

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Dalekovod DD Business Description

Traded in Other Exchanges
N/A
Address
Marijana Cavica 4 street, Zagreb, HRV, 10 000
Dalekovod DD offers engineering, production, construction, and installation of electric power facilities, facilities for the road, railroad, mass transit, and telecommunication infrastructure activities. The business segments of the company are the Production segment which includes forging works, the casting plant, and the laboratory for quality control and the production and sales of metal frames, manufacture and sales of suspension and jointing equipment whereas the Construction segment includes the services of construction and project documentation preparation of power and distribution facilities, transformer stations, installing antenna and others. The company generates maximum revenue from the construction segment.

Dalekovod DD Headlines

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