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WestStar Industrial (ASX:WSI) 5-Day RSI : 0.75 (As of Mar. 04, 2025)


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What is WestStar Industrial 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2025-03-04), WestStar Industrial's 5-Day RSI is 0.75.

The industry rank for WestStar Industrial's 5-Day RSI or its related term are showing as below:

ASX:WSI's 5-Day RSI is ranked better than
98.3% of 1886 companies
in the Construction industry
Industry Median: 43.255 vs ASX:WSI: 0.75

Competitive Comparison of WestStar Industrial's 5-Day RSI

For the Engineering & Construction subindustry, WestStar Industrial's 5-Day RSI, along with its competitors' market caps and 5-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.


WestStar Industrial's 5-Day RSI Distribution in the Construction Industry

For the Construction industry and Industrials sector, WestStar Industrial's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where WestStar Industrial's 5-Day RSI falls into.



WestStar Industrial  (ASX:WSI) 5-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.


WestStar Industrial  (ASX:WSI) 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


WestStar Industrial 5-Day RSI Related Terms

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WestStar Industrial Business Description

Traded in Other Exchanges
N/A
Address
52 Hope Valley Road, Naval Base, WA, AUS, 6165
WestStar Industrial Ltd provides industrial services company providing engineering, construction, and mining services to the resources, energy, and infrastructure sectors. The company operates in the segments namely Precast, Simpec, Alltype, and Group. It generates maximum revenue from the Simpec segment. Simpec segment is a construction contractor with specialist experience in both Structural Mechanical and Piping and Electrical and Instrumentation works.

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