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APAC Resources (HKSE:01074) 5-Day RSI : N/A (As of Dec. 12, 2024)


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What is APAC Resources 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 (2024-12-12), APAC Resources's 5-Day RSI is N/A.

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

HKSE:01074's 5-Day RSI is not ranked *
in the Capital Markets industry.
Industry Median: 54.145
* Ranked among companies with meaningful 5-Day RSI only.

Competitive Comparison of APAC Resources's 5-Day RSI

For the Capital Markets subindustry, APAC Resources'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.


APAC Resources's 5-Day RSI Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, APAC Resources's 5-Day RSI distribution charts can be found below:

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



APAC Resources  (HKSE:01074) 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.


APAC Resources  (HKSE:01074) 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.


APAC Resources 5-Day RSI Related Terms

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APAC Resources Business Description

Traded in Other Exchanges
Address
138 Gloucester Road, Allied Kajima Building, Wanchai, Room 2304, 23rd Floor, Hong Kong, HKG
APAC Resources Ltd is an investment holding company principally engaged in the commodity trading business and natural source investment business. The company operates through three business segments namely Commodity Business which includes trading of commodities; Resource investment which is engaged in the trading of and investment in listed and unlisted securities; and Principal investment and financial services which engaged in the provision of loan financing and investments in loan notes, convertible notes, and other financial assets. The company generates maximum revenue from Commodity Business segment.

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