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Altinkilic Gida ve Sutnayi Ticaret AS (IST:ALKLC) 9-Day RSI : 89.83 (As of Mar. 15, 2025)


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What is Altinkilic Gida ve Sutnayi Ticaret AS 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 (2025-03-15), Altinkilic Gida ve Sutnayi Ticaret AS's 9-Day RSI is 89.83.

The industry rank for Altinkilic Gida ve Sutnayi Ticaret AS's 9-Day RSI or its related term are showing as below:

IST:ALKLC's 9-Day RSI is ranked worse than
95.33% of 2077 companies
in the Consumer Packaged Goods industry
Industry Median: 47.9 vs IST:ALKLC: 89.83

Competitive Comparison of Altinkilic Gida ve Sutnayi Ticaret AS's 9-Day RSI

For the Packaged Foods subindustry, Altinkilic Gida ve Sutnayi Ticaret AS'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.


Altinkilic Gida ve Sutnayi Ticaret AS's 9-Day RSI Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Altinkilic Gida ve Sutnayi Ticaret AS's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Altinkilic Gida ve Sutnayi Ticaret AS's 9-Day RSI falls into.



Altinkilic Gida ve Sutnayi Ticaret AS  (IST:ALKLC) 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.


Altinkilic Gida ve Sutnayi Ticaret AS  (IST:ALKLC) 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.


Altinkilic Gida ve Sutnayi Ticaret AS 9-Day RSI Related Terms

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Altinkilic Gida ve Sutnayi Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Customs Pier Street 12th Street No:77, Kocatepe district Mega Center A Block, Bayrampasa, Istanbul, TUR
Altinkilic Gida ve Sut Sanayi Ticaret AS is a Company that operates in the fields of manufacturing, packaging, purchasing, selling, wholesale and retail marketing, import and export of all kinds of milk and dairy products. Its main activity is cig milk Jemini which processes the supplied milk into products. The company is active in the milk and dairy products sector and sells and markets products such as kefir, kefir yogurt, cheese group, cheesecolata, and cream.

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