Tiger Logistics (India) (BOM:536264) 9-Day RSI : 45.19 (As of Jun. 20, 2024)

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What is Tiger Logistics (India) 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 (2024-06-20), Tiger Logistics (India)'s 9-Day RSI is 45.19.

The industry rank for Tiger Logistics (India)'s 9-Day RSI or its related term are showing as below:

BOM:536264's 9-Day RSI is ranked better than
50.69% of 1083 companies
in the Transportation industry
Industry Median: 45.39 vs BOM:536264: 45.19

Competitive Comparison of Tiger Logistics (India)'s 9-Day RSI

For the Integrated Freight & Logistics subindustry, Tiger Logistics (India)'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.

Tiger Logistics (India)'s 9-Day RSI Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tiger Logistics (India)'s 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Tiger Logistics (India)'s 9-Day RSI falls into.

Tiger Logistics (India) (BOM:536264) 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.

Tiger Logistics (India) (BOM:536264) 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.

Tiger Logistics (India) 9-Day RSI Related Terms

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Tiger Logistics (India) (BOM:536264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tiger Logistics (India) Ltd (BOM:536264) » Definitions » 9-Day RSI

Comparable Companies

Traded in Other Exchanges

N/A

Address

Skylark Building 60, 804A-807, 8th Floor, Nehru Place, New Delhi, IND, 110019

Website

https://www.tigerlogistics.in

Tiger Logistics (India) Ltd is a logistics services provider. The company services include International Ocean Freight; International Air Freight; Project Logistics; Cold Chain Logistics; Customs Clearance; Domestic Freight Services and Supply Chain Logistics. Its operating segment includes Logistics and Others. It generates maximum revenue from the Logistics segment.

Tiger Logistics (India) (BOM:536264) Headlines

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