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HBGRY (Heidelberger Druckmaschinen AG) 5-Day RSI : 99.77 (As of Dec. 14, 2024)


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What is Heidelberger Druckmaschinen AG 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 (2024-12-14), Heidelberger Druckmaschinen AG's 5-Day RSI is 99.77.

The industry rank for Heidelberger Druckmaschinen AG's 5-Day RSI or its related term are showing as below:

HBGRY's 5-Day RSI is ranked better than
76.48% of 3095 companies
in the Industrial Products industry
Industry Median: 53.46 vs HBGRY: 99.77

Competitive Comparison of Heidelberger Druckmaschinen AG's 5-Day RSI

For the Specialty Industrial Machinery subindustry, Heidelberger Druckmaschinen AG'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.


Heidelberger Druckmaschinen AG's 5-Day RSI Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heidelberger Druckmaschinen AG's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Heidelberger Druckmaschinen AG's 5-Day RSI falls into.



Heidelberger Druckmaschinen AG  (OTCPK:HBGRY) 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.


Heidelberger Druckmaschinen AG  (OTCPK:HBGRY) 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.


Heidelberger Druckmaschinen AG 5-Day RSI Related Terms

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Heidelberger Druckmaschinen AG Business Description

Address
Kurfursten-Anlage 52-60, Heidelberg, BW, DEU, 69115
Heidelberger Druckmaschinen AG is a company that develops and manufactures offset printing presses, parts, printing software, and accessories for its customers in packaging and label printing and advertising printing (commercial printing) areas. It organizes its business into three segments namely Print Solutions, Packaging Solutions, and Technology Solutions. The company generates maximum revenue from the Packaging Solutions segment. Geographically, the company generates revenue from EMEA, Asia Pacific, and the Americas regions.

Heidelberger Druckmaschinen AG Headlines