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Tian Tu Capital Co (HKSE:01973) 9-Day RSI : 34.38 (As of Jun. 15, 2024)


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What is Tian Tu Capital Co 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 (2024-06-15), Tian Tu Capital Co's 9-Day RSI is 34.38.

The industry rank for Tian Tu Capital Co's 9-Day RSI or its related term are showing as below:

HKSE:01973's 9-Day RSI is ranked better than
78.5% of 1786 companies
in the Asset Management industry
Industry Median: 46.965 vs HKSE:01973: 34.38

Competitive Comparison of Tian Tu Capital Co's 9-Day RSI

For the Asset Management subindustry, Tian Tu Capital Co'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.


Tian Tu Capital Co's 9-Day RSI Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tian Tu Capital Co's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Tian Tu Capital Co's 9-Day RSI falls into.



Tian Tu Capital Co  (HKSE:01973) 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.


Tian Tu Capital Co  (HKSE:01973) 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.


Tian Tu Capital Co 9-Day RSI Related Terms

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Tian Tu Capital Co (HKSE:01973) Business Description

Traded in Other Exchanges
N/A
Address
4068 Qiaoxiang Road, 23/Floor-2/3, Building B, Intelligence Plaza, Nanshan, Shenzhen, CHN
Tian Tu Capital Co Ltd is a leading private equity investor and fund manager committed to driving the growth of Chinese consumer brands and companies. It manages capital for institutional investors and high-net-worth individuals and makes investments through its funds under management and directly using its own capital.
Executives
Atrenew Inc. 2101 Beneficial owner
Liberty Yard Limited 2101 Beneficial owner
Wen Liyuan 2201 Interest of corporation controlled by you
Cao Minghui 2201 Interest of corporation controlled by you
Marvel Horizon Limited 2101 Beneficial owner
Yang Guang Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Qing Dao Hai Nuo Tou Zi Fa Zhan You Xian Gong Si 2101 Beneficial owner
Qing Dao Hai Ming Cheng Shi Fa Zhan You Xian Gong Si 2101 Beneficial owner
Chang Cheng Ji Jin Guan Li You Xian Gong Si 2301 Trustee
Qing Dao Jing Ji Ji Shu Kai Fa Qu Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Qing Dao Jing Ji Ji Shu Kai Fa Qu Jin Rong Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner
Shen Zhen Shi Fu Tian Yin Dao Ji Jin Tou Zi You Xian Gong Si 2101 Beneficial owner

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