GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Snowman Logistics Ltd (BOM:538635) » Definitions » 5-Day RSI

Snowman Logistics (BOM:538635) 5-Day RSI : 49.50 (As of Dec. 11, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Snowman Logistics 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 (2024-12-11), Snowman Logistics's 5-Day RSI is 49.50.

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

BOM:538635's 5-Day RSI is ranked better than
56.62% of 1065 companies
in the Transportation industry
Industry Median: 52 vs BOM:538635: 49.50

Competitive Comparison of Snowman Logistics's 5-Day RSI

For the Integrated Freight & Logistics subindustry, Snowman Logistics'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.


Snowman Logistics's 5-Day RSI Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Snowman Logistics's 5-Day RSI distribution charts can be found below:

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



Snowman Logistics  (BOM:538635) 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.


Snowman Logistics  (BOM:538635) 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.


Snowman Logistics 5-Day RSI Related Terms

Thank you for viewing the detailed overview of Snowman Logistics's 5-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Snowman Logistics Business Description

Traded in Other Exchanges
Address
Prius Platinum, Saket District Centre, Wing B, 4th Floor, Saket, New Delhi, IND, 110017
Snowman Logistics Ltd is an India-based company. It is engaged in providing integrated cold chain solutions. The company operates in four business segments. The warehousing services segment comprises of temperature-controlled warehousing services operating across locations servicing customers on a pan-India basis. The transportation services segment generally facilitates inter-city transport of products and includes door-to-door service. The consignment agency services segment provides retail distribution through a consignment agency model for customers and Trading and distribution. The warehousing services segment generate maximum revenue for the company.

Snowman Logistics Headlines

No Headlines