GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fonterra Shareholders Fund (ASX:FSF) » Definitions » 14-Day RSI
中文

Fonterra Shareholders Fund (ASX:FSF) 14-Day RSI : 55.95 (As of Apr. 25, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Fonterra Shareholders Fund 14-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.

As of today (2024-04-25), Fonterra Shareholders Fund's 14-Day RSI is 55.95.

The industry rank for Fonterra Shareholders Fund's 14-Day RSI or its related term are showing as below:

ASX:FSF's 14-Day RSI is ranked worse than
73.3% of 2060 companies
in the Consumer Packaged Goods industry
Industry Median: 48.49 vs ASX:FSF: 55.95

Competitive Comparison of Fonterra Shareholders Fund's 14-Day RSI

For the Packaged Foods subindustry, Fonterra Shareholders Fund's 14-Day RSI, along with its competitors' market caps and 14-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.


Fonterra Shareholders Fund's 14-Day RSI Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Shareholders Fund's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Fonterra Shareholders Fund's 14-Day RSI falls into.



Fonterra Shareholders Fund  (ASX:FSF) 14-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.


Fonterra Shareholders Fund  (ASX:FSF) 14-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.


Fonterra Shareholders Fund 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Fonterra Shareholders Fund's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Fonterra Shareholders Fund (ASX:FSF) Business Description

Traded in Other Exchanges
Address
109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Shareholders Fund is a unit trust. It will become an authorized fund under Fonterra's trading among farmers' scheme. Its main activity is to acquire economic rights and issue units to investors. The company mainly operates in Australia, Brazil, Chile, and New Zealand. It has developed and promoted brands such as Anchor, De Winkel, fresh and Fruity, Kapiti, mainland, mammoth, perfect italiano, piako, primo, symbio, and others.

Fonterra Shareholders Fund (ASX:FSF) Headlines

No Headlines