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Wong's International Holdings (HKSE:00099) 9-Day RSI : 9.34 (As of Dec. 12, 2024)


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What is Wong's International Holdings 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 (2024-12-12), Wong's International Holdings's 9-Day RSI is 9.34.

The industry rank for Wong's International Holdings's 9-Day RSI or its related term are showing as below:

HKSE:00099's 9-Day RSI is ranked better than
99.2% of 2506 companies
in the Hardware industry
Industry Median: 50.945 vs HKSE:00099: 9.34

Competitive Comparison of Wong's International Holdings's 9-Day RSI

For the Consumer Electronics subindustry, Wong's International Holdings'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.


Wong's International Holdings's 9-Day RSI Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wong's International Holdings's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Wong's International Holdings's 9-Day RSI falls into.



Wong's International Holdings  (HKSE:00099) 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.


Wong's International Holdings  (HKSE:00099) 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.


Wong's International Holdings 9-Day RSI Related Terms

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Wong's International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 108 Wai Yip Street, 17th Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Wong's International Holdings Ltd is a holding company. The group is mainly engaged in the development, manufacture, marketing, and distribution of electronic products and property investment. The company is organized into two operating divisions, namely Electronic Manufacturing Service (EMS), which manufactures and distributes electronic products for EMS customers; and the Property Holding segment is involved in the development, sale, and lease of properties. The majority of its revenue is derived from the EMS segment. Its primary geographic markets are North America, Asia (excluding Hong Kong), Europe, and Hong Kong.
Executives
Cantrust (far East) Limited 2301 Trustee
New Chung Yan Limited 2201 Interest of corporation controlled by you
Wong Chung Yan Claudia 2307 Founder of a discretionary trust who can infl
Kong King International Limited
Wlj Holding Limited 2201 Interest of corporation controlled by you
Wong Chung Ah Johnny 2307 Founder of a discretionary trust who can infl
Luk Kit Ching 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee
Salop Hong Kong Limited 2101 Beneficial owner
Wong Chung Mat 2201 Interest of corporation controlled by you
Wong Chung Yin 2101 Beneficial owner
Woo Sin Ming
Sycamore Assets Limited 2101 Beneficial owner
Everitt Chung Chui 2307 Founder of a discretionary trust who can infl

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