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Arcee Industries (BOM:520121) 9-Day RSI : 28.70 (As of Dec. 14, 2024)


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What is Arcee Industries 9-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. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-12-14), Arcee Industries's 9-Day RSI is 28.70.

The industry rank for Arcee Industries's 9-Day RSI or its related term are showing as below:

BOM:520121's 9-Day RSI is ranked better than
94.17% of 1887 companies
in the Construction industry
Industry Median: 52.38 vs BOM:520121: 28.70

Competitive Comparison of Arcee Industries's 9-Day RSI

For the Building Products & Equipment subindustry, Arcee Industries's 9-Day RSI, along with its competitors' market caps and 9-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.


Arcee Industries's 9-Day RSI Distribution in the Construction Industry

For the Construction industry and Industrials sector, Arcee Industries's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Arcee Industries's 9-Day RSI falls into.



Arcee Industries  (BOM:520121) 9-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.


Arcee Industries  (BOM:520121) 9-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. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Arcee Industries 9-Day RSI Related Terms

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Arcee Industries Business Description

Traded in Other Exchanges
N/A
Address
7th K.M. Barwala Road, Talwandi Rana, Hisar, HR, IND, 125001
Arcee Industries Ltd is engaged in the manufacture of Rigid polymerization of vinyl chloride PVC Pipes and Fittings. The company is working in two segment PVC pipe & Steel pipe. The majority of revenue is from the Steel Pipe segment. Its products are used in applications such as Rural and Urban water distribution systems; Agriculture irrigation; Protective covering for power and communication cables; Industrial use in chemical industries, sugar industries, and dairy; Air vent systems for toxic gas; Bore well casing and suction pipes; Relining of old sewers; Surface water drainage; Horticultural and greenhouse technology and Internal plumbing water and wastewater supplier domestic and industrial.

Arcee Industries Headlines

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