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Guangdong Kanghua Healthcare Group Co (HKSE:03689) 9-Day RSI : 3.36 (As of Mar. 16, 2025)


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What is Guangdong Kanghua Healthcare Group 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), Guangdong Kanghua Healthcare Group Co's 9-Day RSI is 3.36.

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

HKSE:03689's 9-Day RSI is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 45.69 vs HKSE:03689: 3.36

Competitive Comparison of Guangdong Kanghua Healthcare Group Co's 9-Day RSI

For the Medical Care Facilities subindustry, Guangdong Kanghua Healthcare Group 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.


Guangdong Kanghua Healthcare Group Co's 9-Day RSI Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Guangdong Kanghua Healthcare Group Co's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Guangdong Kanghua Healthcare Group Co's 9-Day RSI falls into.



Guangdong Kanghua Healthcare Group Co  (HKSE:03689) 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.


Guangdong Kanghua Healthcare Group Co  (HKSE:03689) 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.


Guangdong Kanghua Healthcare Group Co 9-Day RSI Related Terms

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Guangdong Kanghua Healthcare Group Co Business Description

Traded in Other Exchanges
N/A
Address
1000 Dongguan Avenue, Guangdong Province, Dongguan, CHN
Guangdong Kanghua Healthcare Group Co Ltd provides healthcare services. The reportable segments are as follows, The Hospital services segment includes the provision of hospital services including inpatient healthcare services, outpatient healthcare services, and physical examination services; Rehabilitation and other healthcare services including the provision of rehabilitation services; Elderly healthcare services include the provision of elderly healthcare services, including assisted living, adult daycare, longterm care, residential care and hospice care to the aged patients. It generates all of its revenue from the PRC.
Executives
Wang Chi Yeung 2101 Beneficial owner
Mialkos Tomasz Jakub 2101 Beneficial owner
Chen Zhaoming 2101 Beneficial owner
New China Asset Management (hong Kong) Limited 2102 Investment manager
New China Life Insurance Company Ltd. 2101 Beneficial owner
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
Xin Hua Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhan Yong Xiang 2101 Beneficial owner
Lin Lijun 2201 Interest of corporation controlled by you
Lvc Assets Management Limited 2201 Interest of corporation controlled by you
Lvc Kh Investment L.p. 2101 Beneficial owner
Haitian (hk) Holdings Limited 2101 Beneficial owner

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