GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Glorious Property Holdings Ltd (STU:GI0A) » Definitions » 9-Day RSI

Glorious Property Holdings (STU:GI0A) 9-Day RSI : 57.17 (As of Dec. 13, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Glorious Property Holdings 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 (2024-12-13), Glorious Property Holdings's 9-Day RSI is 57.17.

The industry rank for Glorious Property Holdings's 9-Day RSI or its related term are showing as below:

STU:GI0A's 9-Day RSI is ranked better than
76.28% of 1914 companies
in the Real Estate industry
Industry Median: 50.415 vs STU:GI0A: 57.17

Competitive Comparison of Glorious Property Holdings's 9-Day RSI

For the Real Estate - Development subindustry, Glorious Property Holdings'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.


Glorious Property Holdings's 9-Day RSI Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Glorious Property Holdings's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Glorious Property Holdings's 9-Day RSI falls into.



Glorious Property Holdings  (STU:GI0A) 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.


Glorious Property Holdings  (STU:GI0A) 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.


Glorious Property Holdings 9-Day RSI Related Terms

Thank you for viewing the detailed overview of Glorious Property Holdings's 9-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Glorious Property Holdings Business Description

Traded in Other Exchanges
Address
50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.

Glorious Property Holdings Headlines

No Headlines