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Silver Ridge Holdings Bhd (XKLS:0129) 9-Day RSI : 15.64 (As of Mar. 15, 2025)


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What is Silver Ridge Holdings Bhd 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), Silver Ridge Holdings Bhd's 9-Day RSI is 15.64.

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

XKLS:0129's 9-Day RSI is ranked better than
88.7% of 2496 companies
in the Hardware industry
Industry Median: 46.315 vs XKLS:0129: 15.64

Competitive Comparison of Silver Ridge Holdings Bhd's 9-Day RSI

For the Communication Equipment subindustry, Silver Ridge Holdings Bhd'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.


Silver Ridge Holdings Bhd's 9-Day RSI Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silver Ridge Holdings Bhd's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Silver Ridge Holdings Bhd's 9-Day RSI falls into.



Silver Ridge Holdings Bhd  (XKLS:0129) 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.


Silver Ridge Holdings Bhd  (XKLS:0129) 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.


Silver Ridge Holdings Bhd 9-Day RSI Related Terms

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Silver Ridge Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan 1/68F, Off Jalan Tun Razak, Unit E-19-02, Level 19, Icon Tower - East Wing, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50400
Silver Ridge Holdings Bhd is involved in investment holding and provision of a management services business. The company provides telecommunication system architecture and design, next-generation network solution as well as telecommunication related software solutions. It derives a majority of revenue from telecommunication solutions. The telecommunication solutions provide includes 3G network architecture and engineering system design, customisation and optimisation solution; In-Building Radio Frequency Coverage and Quality (EIQ); Power Load Solutions (PLS); Base Station Subsystems Solutions (BSS); Multi-Service Access Node (MSAN) system architecture and design and others.

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