SELECT * FROM `stock_list` where symbol='DESHBANDHU' AND exchange = 'DHA' AND delisted = 0 limit 0,1SELECT * FROM `stock_list` where symbol='DESHBANDHU' AND exchange = 'DHA' AND delisted = 0 limit 0,1SELECT * FROM `stock_list` WHERE `symbol` = "DESHBANDHU" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) AND delisted = 0 limit 0,1 Deshbandhu Polymer (DHA:DESHBANDHU) 14-Day RSI
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Deshbandhu Polymer Ltd (DHA:DESHBANDHU) » Definitions » 14-Day RSI

Deshbandhu Polymer (DHA:DESHBANDHU) 14-Day RSI : 42.60 (As of Apr. 25, 2024)


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What is Deshbandhu Polymer 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), Deshbandhu Polymer's 14-Day RSI is 42.60.

The industry rank for Deshbandhu Polymer's 14-Day RSI or its related term are showing as below:

DHA:DESHBANDHU's 14-Day RSI is ranked better than
70.38% of 422 companies
in the Packaging & Containers industry
Industry Median: 47.83 vs DHA:DESHBANDHU: 42.60

Competitive Comparison of Deshbandhu Polymer's 14-Day RSI

For the Packaging & Containers subindustry, Deshbandhu Polymer'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.

Deshbandhu Polymer's 14-Day RSI Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Deshbandhu Polymer's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Deshbandhu Polymer's 14-Day RSI falls into.


Deshbandhu Polymer  (DHA:DESHBANDHU) 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.

Deshbandhu Polymer  (DHA:DESHBANDHU) 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.

Deshbandhu Polymer 14-Day RSI Related Terms

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

Deshbandhu Polymer (DHA:DESHBANDHU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Deshbandhu Polymer Ltd (DHA:DESHBANDHU) » Definitions » 14-Day RSI
Comparable Companies
DHA:KBPPWBIL BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN TSX:CCL.A BERY GPK REYN SON LSE:SMDS SEE SLGN BKK:SCGP
Traded in Other Exchanges
N/A
Address
Road - 27, House - 59, Block - K, Mostafa Center, Banani, Dhaka, BGD, 1213
Website
https://www.deshbandhupolymer.com
Deshbandhu Polymer Ltd is a Bangladesh based manufacturer of PP woven bags and liner. The products are suitable for packing food grain, wheat flour, chemicals, cattle feed, fish feed, sugar, fertilizer and many more things.

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