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DIC Investment And Trading JSC (HSTC:DIC) 5-Day RSI : 74.67 (As of Dec. 15, 2024)


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What is DIC Investment And Trading JSC 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), DIC Investment And Trading JSC's 5-Day RSI is 74.67.

The industry rank for DIC Investment And Trading JSC's 5-Day RSI or its related term are showing as below:

HSTC:DIC's 5-Day RSI is ranked worse than
85.46% of 447 companies
in the Building Materials industry
Industry Median: 50.42 vs HSTC:DIC: 74.67

Competitive Comparison of DIC Investment And Trading JSC's 5-Day RSI

For the Building Materials subindustry, DIC Investment And Trading JSC'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.


DIC Investment And Trading JSC's 5-Day RSI Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, DIC Investment And Trading JSC's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where DIC Investment And Trading JSC's 5-Day RSI falls into.



DIC Investment And Trading JSC  (HSTC:DIC) 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.


DIC Investment And Trading JSC  (HSTC:DIC) 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.


DIC Investment And Trading JSC 5-Day RSI Related Terms

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DIC Investment And Trading JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
82 Tran Huy Lieu Street, Ward 15, Phu Nhuan District, Ho Chi Minh, VNM
DIC Investment And Trading JSC is engaged in the investment, manufacture, import, and export of construction materials. The company mainly engages in roof brick and tile manufacturing, construction materials manufacturing, trading, and transporting (clinker, cement, steel, gypsum, and construction services.

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