GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Kings Resources Group Co Ltd (SHSE:603505) » Definitions » 5-Day RSI

China Kings Resources Group Co (SHSE:603505) 5-Day RSI : 76.37 (As of Mar. 14, 2025)


View and export this data going back to 2017. Start your Free Trial

What is China Kings Resources Group Co 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 (2025-03-14), China Kings Resources Group Co's 5-Day RSI is 76.37.

The industry rank for China Kings Resources Group Co's 5-Day RSI or its related term are showing as below:

SHSE:603505's 5-Day RSI is ranked worse than
89.31% of 2665 companies
in the Metals & Mining industry
Industry Median: 42.89 vs SHSE:603505: 76.37

Competitive Comparison of China Kings Resources Group Co's 5-Day RSI

For the Other Industrial Metals & Mining subindustry, China Kings Resources Group Co'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.


China Kings Resources Group Co's 5-Day RSI Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Kings Resources Group Co's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where China Kings Resources Group Co's 5-Day RSI falls into.



China Kings Resources Group Co  (SHSE:603505) 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.


China Kings Resources Group Co  (SHSE:603505) 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.


China Kings Resources Group Co 5-Day RSI Related Terms

Thank you for viewing the detailed overview of China Kings Resources Group Co's 5-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


China Kings Resources Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Qiushi Road, Room 2301, South Building, Gongyuan Building, Anno Domini Mansion, Zhejiang Province, Hangzhou, CHN, 310013
China Kings Resources Group Co Ltd is a Chinese company involved in the production and trade of fluorite products. It offers acid grade fluorite fine powder, metallurgical grade fluorite fine powder, high-grade fluorite lump ore and common fluorite ore.
Executives
Su Bao Gang senior management
Cheng Hui Fang Director
Wang Jin Hua Director
Ying Li Ming Director
Dai Shui Jun senior management
Zhao Jian Ping Director
Xu Chun Bo senior management
Yang Jin senior management
Wang Zhong Yan Supervisors
Wu Ling Yi senior management
Song Ying Director
Wang Cheng Liang Director
Hu Xiang Ming senior management
Wang Fu Liang Director
Shen Le Ping Director

China Kings Resources Group Co Headlines

No Headlines