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Technovator International (HKSE:01206) 5-Day RSI : 36.93 (As of Dec. 15, 2024)


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What is Technovator International 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 (2024-12-15), Technovator International's 5-Day RSI is 36.93.

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

HKSE:01206's 5-Day RSI is ranked better than
71.72% of 1881 companies
in the Construction industry
Industry Median: 49.84 vs HKSE:01206: 36.93

Competitive Comparison of Technovator International's 5-Day RSI

For the Building Products & Equipment subindustry, Technovator International'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.


Technovator International's 5-Day RSI Distribution in the Construction Industry

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

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



Technovator International  (HKSE:01206) 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.


Technovator International  (HKSE:01206) 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.


Technovator International 5-Day RSI Related Terms

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Technovator International Business Description

Traded in Other Exchanges
N/A
Address
66 Tannery Lane, No. 04-10/10A, Sindo Industrial Building, Singapore, SGP, 347805
Technovator International Ltd is a provider of integrated building automation and energy management systems. It is structured into three business units: Smart transportation business, Smart building and complex business, and Smart energy business. STB comprises a series of proprietary software and hardware products and systems for rail transit. SBB provides integrated intelligence solutions and efficiency management services. SEB comprised a series of technologies such as regional energy planning, integrated utilization of industrial waste heat recovery technology, and heat pump technology. It also offers control security systems for multi-level remote surveillance. The majority of the revenue is generated from Smart buildings and complexes.
Executives
Tsinghua Tongfang Co., Ltd. 2201 Interest of corporation controlled by you
Resuccess Investments Limited 2101 Beneficial owner

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