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Niche-Tech Semiconductor Materials (HKSE:08490) 5-Day RSI : 39.60 (As of Dec. 13, 2024)


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What is Niche-Tech Semiconductor Materials 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 (2024-12-13), Niche-Tech Semiconductor Materials's 5-Day RSI is 39.60.

The industry rank for Niche-Tech Semiconductor Materials's 5-Day RSI or its related term are showing as below:

HKSE:08490's 5-Day RSI is ranked better than
73.29% of 1011 companies
in the Semiconductors industry
Industry Median: 52.32 vs HKSE:08490: 39.60

Competitive Comparison of Niche-Tech Semiconductor Materials's 5-Day RSI

For the Semiconductor Equipment & Materials subindustry, Niche-Tech Semiconductor Materials'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.


Niche-Tech Semiconductor Materials's 5-Day RSI Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Niche-Tech Semiconductor Materials's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Niche-Tech Semiconductor Materials's 5-Day RSI falls into.



Niche-Tech Semiconductor Materials  (HKSE:08490) 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.


Niche-Tech Semiconductor Materials  (HKSE:08490) 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.


Niche-Tech Semiconductor Materials 5-Day RSI Related Terms

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Niche-Tech Semiconductor Materials Business Description

Traded in Other Exchanges
N/A
Address
Unit 208, 2nd Floor, Lakeside 1, Phase Two, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG
Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.
Executives
Chows Investment Group Limited 2201 Interest of corporation controlled by you
Niche-tech Investment Holdings Limited 2101 Beneficial owner
Cheng Pak Ching 2202 Interest of your spouse
Ma Ah Muk 2101 Beneficial owner
Chow Chun Kay Stephen 2201 Interest of corporation controlled by you
Chow Fung Wai Lan Rita 2202 Interest of your spouse
Chow Bok Hin Felix 2201 Interest of corporation controlled by you
Chow Kuo Li Jen 2202 Interest of your spouse

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