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Usmania Glass Sheet Factory (DHA:USMANIAGL) 14-Day RSI

: 47.37 (As of Today)
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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 (2022-11-27), Usmania Glass Sheet Factory's 14-Day RSI is 47.37.

The industry rank for Usmania Glass Sheet Factory's 14-Day RSI or its related term are showing as below:

DHA:USMANIAGL's 14-Day RSI is ranked better than
66.2% of 1790 companies
in the Construction industry
Industry Median: 52.66 vs DHA:USMANIAGL: 47.37

Usmania Glass Sheet Factory (DHA:USMANIAGL) 14-Day RSI Competitive Comparison

For the Building Products & Equipment subindustry, Usmania Glass Sheet Factory'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.

   

Usmania Glass Sheet Factory (DHA:USMANIAGL) 14-Day RSI Distribution

For the Construction industry and Industrials sector, Usmania Glass Sheet Factory's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Usmania Glass Sheet Factory's 14-Day RSI falls into.



Usmania Glass Sheet Factory  (DHA:USMANIAGL) 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.


Usmania Glass Sheet Factory  (DHA:USMANIAGL) 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.


Usmania Glass Sheet Factory 14-Day RSI Related Terms

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


Usmania Glass Sheet Factory (DHA:USMANIAGL) Business Description

Usmania Glass Sheet Factory logo
Traded in Other Exchanges
N/A
Address
Kalurghat Industrial Area, PO Box 291, Chittagong, BGD
Usmania Glass Sheet Factory Ltd is engaged in manufacturing plain, float and frosted sheet glass.

Usmania Glass Sheet Factory (DHA:USMANIAGL) Headlines

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