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Wan Kei Group Holdings (HKSE:01718) 5-Day RSI : 41.64 (As of Mar. 16, 2025)


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What is Wan Kei Group Holdings 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 (2025-03-16), Wan Kei Group Holdings's 5-Day RSI is 41.64.

The industry rank for Wan Kei Group Holdings's 5-Day RSI or its related term are showing as below:

HKSE:01718's 5-Day RSI is ranked better than
65.44% of 1895 companies
in the Construction industry
Industry Median: 49.64 vs HKSE:01718: 41.64

Competitive Comparison of Wan Kei Group Holdings's 5-Day RSI

For the Engineering & Construction subindustry, Wan Kei Group Holdings'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.


Wan Kei Group Holdings's 5-Day RSI Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wan Kei Group Holdings's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Wan Kei Group Holdings's 5-Day RSI falls into.



Wan Kei Group Holdings  (HKSE:01718) 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.


Wan Kei Group Holdings  (HKSE:01718) 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.


Wan Kei Group Holdings 5-Day RSI Related Terms

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Wan Kei Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Hennessy Road, Unit No. 07, 16th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Wan Kei Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the company has the following operating business segments; Foundation construction, Ground investigation services, Trading of consumer products, E-commerce live streaming and promotion, and Financial services. Maximum revenue is generated from the Foundation construction works segment which provides foundation construction works to customers. The majority of its revenue is generated from Hong Kong.
Executives
Su Guifang 2101 Beneficial owner
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Chu Yuet Wah 2201 Interest of corporation controlled by you
Samwood Global Limited 2103 Interests held jointly with another person
Suntecli Company Limited 2101 Beneficial owner
Chan Sui Yau 2202 Interest of your spouse
Fong Hon Hung 2103 Interests held jointly with another person
Kwong Sui Sim 2202 Interest of your spouse
Lau Woon Si 2201 Interest of corporation controlled by you
Leung Man Lun Stephen 2103 Interests held jointly with another person
So Choi 2202 Interest of your spouse
Coast International Asset Management Limited 2102 Investment manager

Wan Kei Group Holdings Headlines

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