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Khoon Group (HKSE:00924) 9-Day RSI : 35.21 (As of Mar. 16, 2025)


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What is Khoon Group 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 (2025-03-16), Khoon Group's 9-Day RSI is 35.21.

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

HKSE:00924's 9-Day RSI is ranked better than
81.35% of 1903 companies
in the Construction industry
Industry Median: 48.32 vs HKSE:00924: 35.21

Competitive Comparison of Khoon Group's 9-Day RSI

For the Engineering & Construction subindustry, Khoon Group'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.


Khoon Group's 9-Day RSI Distribution in the Construction Industry

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

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



Khoon Group  (HKSE:00924) 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.


Khoon Group  (HKSE:00924) 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.


Khoon Group 9-Day RSI Related Terms

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Khoon Group Business Description

Traded in Other Exchanges
N/A
Address
Ang Mo Kio Avenue 5, Block 5000, No. 04-01 Techplace II, Singapore, SGP, 569870
Khoon Group Ltd is a mechanical and electrical service provider specializing in providing electrical engineering solutions. The electrical engineering services are widely required in new building developments, redevelopment, and upgrading projects, which involve residential, commercial, and industrial buildings. Under electrical engineering, the company provides services like customization and installation of transmission and distribution systems, lighting systems, air-conditioning and mechanical ventilation systems, underground cable piping systems, and others. Geographically, all of the company's revenue is derived from Singapore.
Executives
Chen Zhi 2201 Interest of corporation controlled by you
Southern Heritage Limited 2101 Beneficial owner
Ang Jui Khoon 2201 Interest of corporation controlled by you
Ang Kok Kwang 2103 Interests held jointly with another person
Chong Sze Yen Josephine 2202 Interest of your spouse
Pan Moi Kia 2202 Interest of your spouse
Lead Development Investment Limited 2101 Beneficial owner
Lead Development Investment Limited 2101 Beneficial owner

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