GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Homeland Interactive Technology Ltd (HKSE:03798) » Definitions » 5-Day RSI

Homeland Interactive Technology (HKSE:03798) 5-Day RSI : 44.59 (As of Dec. 14, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Homeland Interactive Technology 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), Homeland Interactive Technology's 5-Day RSI is 44.59.

The industry rank for Homeland Interactive Technology's 5-Day RSI or its related term are showing as below:

HKSE:03798's 5-Day RSI is ranked better than
55.97% of 595 companies
in the Interactive Media industry
Industry Median: 48.12 vs HKSE:03798: 44.59

Competitive Comparison of Homeland Interactive Technology's 5-Day RSI

For the Electronic Gaming & Multimedia subindustry, Homeland Interactive Technology'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.


Homeland Interactive Technology's 5-Day RSI Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Homeland Interactive Technology's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Homeland Interactive Technology's 5-Day RSI falls into.



Homeland Interactive Technology  (HKSE:03798) 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.


Homeland Interactive Technology  (HKSE:03798) 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.


Homeland Interactive Technology 5-Day RSI Related Terms

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


Homeland Interactive Technology Business Description

Traded in Other Exchanges
N/A
Address
77 Tainan Road, 7A, 22nd Floor, Huijin Building, Siming District, Xiamen, CHN
Homeland Interactive Technology Ltd is a developer and operator of localized card and board games developer and operator in the PRC with a special focus on localized Mahjong and poker games. It derives revenue from game development and operation income from sales of virtual tokens and private game room cards. Its operating activities are attributable to a single operating segment focusing on the development and operation of mobile games in the People's Republic of China.
Executives
Zhang Na 2101 Beneficial owner
Su Bo 2201 Interest of corporation controlled by you
Su Bo Network Limited 2101 Beneficial owner
Su Bo 2202 Interest of your spouse
Futu Trustee Limited 2301 Trustee
Ding Chunlong 2101 Beneficial owner
Jiang Mingkuan
Men Geng 2307 Founder of a discretionary trust who can infl
One One Eleven Limited 2201 Interest of corporation controlled by you
Futu Trustee (singapore) Pte Ltd 2301 Trustee
Men Geng Network Limited 2101 Beneficial owner
Jiang Ming Kuan Network Limited 2101 Beneficial owner
Wu Chengze 2201 Interest of corporation controlled by you
Wu Chengze Network Limited 2101 Beneficial owner
Li Bo 2201 Interest of corporation controlled by you

Homeland Interactive Technology Headlines

No Headlines