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Lianlian DigiTech Co (HKSE:02598) 9-Day RSI : 34.85 (As of Mar. 16, 2025)


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What is Lianlian DigiTech 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 (2025-03-16), Lianlian DigiTech Co's 9-Day RSI is 34.85.

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

HKSE:02598's 9-Day RSI is ranked better than
78.15% of 2920 companies
in the Software industry
Industry Median: 45.69 vs HKSE:02598: 34.85

Competitive Comparison of Lianlian DigiTech Co's 9-Day RSI

For the Software - Infrastructure subindustry, Lianlian DigiTech 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.


Lianlian DigiTech Co's 9-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, Lianlian DigiTech Co's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Lianlian DigiTech Co's 9-Day RSI falls into.



Lianlian DigiTech Co  (HKSE:02598) 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.


Lianlian DigiTech Co  (HKSE:02598) 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.


Lianlian DigiTech Co 9-Day RSI Related Terms

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Lianlian DigiTech Co Business Description

Traded in Other Exchanges
N/A
Address
79 Yueda Lane, B3, 12/F, Building 1, Binjiang District, Zhejiang Province, Hangzhou, CHN
Lianlian DigiTech Co Ltd provides digital payment services and value-added services. Its business clients consist of small and midsized merchants and enterprises. Its reportable segments include (i) Global payment, (ii) domestic payment, (iii) value-added services, and (iv) others, which represent a small amount of revenue from other sources including rental income, interest income, and factoring income. Key revenue is generated from the Global payment segment.
Executives
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Hang Zhou Sai Zhi Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Sai Sheng Gu Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Huang Xin 2201 Interest of corporation controlled by you
Chen Bin 2201 Interest of corporation controlled by you
Zhe Jiang Sai Zhi Bo Le Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Boyu Jingtai (ningbo) Investment Management Co., Ltd.
Zhou Kui
Boyu Jingtai (shanghai) Enterprise Management Co., Ltd.
Boyu Jingtai (shanghai) Equity Investment L.p.
Huang Ailian
Tao Rong
Jiaxing Hongshan Kunsheng Investment Management Partnership (limited Partnership)
Ningbo Hongshan Peisheng Equity Investment Partnership (limited Partnership)
Ningbo Hongshan Zhensheng Equity Investment L.p.

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