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Scholar Education Group (HKSE:01769) 9-Day RSI : 58.68 (As of Mar. 17, 2025)


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What is Scholar Education 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 (2025-03-17), Scholar Education Group's 9-Day RSI is 58.68.

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

HKSE:01769's 9-Day RSI is ranked worse than
79.36% of 281 companies
in the Education industry
Industry Median: 46.56 vs HKSE:01769: 58.68

Competitive Comparison of Scholar Education Group's 9-Day RSI

For the Education & Training Services subindustry, Scholar Education 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.


Scholar Education Group's 9-Day RSI Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Scholar Education Group's 9-Day RSI distribution charts can be found below:

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



Scholar Education Group  (HKSE:01769) 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.


Scholar Education Group  (HKSE:01769) 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.


Scholar Education Group 9-Day RSI Related Terms

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Scholar Education Group Business Description

Traded in Other Exchanges
N/A
Address
29 Youyi Road, Rooms 401-410, 4th Floor, Yunfeng Garden, Jianan Community, Nanhu Street, Luohu District, Shenzhen, CHN, 518049
Scholar Education Group is a China-based investment holding company. The Company is principally engaged in the provision of after school education services through academic preparation program and early primary education program. The academic preparation program is delivered under Sheng Xue brand, and the early primary education program is delivered under Le Xue brand. The Company principally conducts its businesses in Guangdong, China.
Executives
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fidelity Funds 2101 Beneficial owner
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Yu Xi International Company Limited 2201 Interest of corporation controlled by you
Chen Qiyuan 2201 Interest of corporation controlled by you
Sky Noon International Company Limited 2101 Beneficial owner
China Great Wall Amc (international) Holdings Company Limited 2201 Interest of corporation controlled by you
China Resources Company Limited 2201 Interest of corporation controlled by you
Cre Alliance Fund I L.p. 2201 Interest of corporation controlled by you
Chen Hongyu 2101 Beneficial owner
Cre Alliance Fund I Lp Limited 2201 Interest of corporation controlled by you
Cre Glory Company Limited 2101 Beneficial owner

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