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Ionix Technology (Ionix Technology) 14-Day RSI : 48.73 (As of Apr. 26, 2024)


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What is Ionix Technology 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 (2024-04-26), Ionix Technology's 14-Day RSI is 48.73.

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

IINX's 14-Day RSI is not ranked
in the Hardware industry.
Industry Median: 46.47 vs IINX: 48.73

Competitive Comparison of Ionix Technology's 14-Day RSI

For the Electronic Components subindustry, Ionix Technology'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.


Ionix Technology's 14-Day RSI Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ionix Technology's 14-Day RSI distribution charts can be found below:

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



Ionix Technology  (OTCPK:IINX) 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.


Ionix Technology  (OTCPK:IINX) 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.


Ionix Technology 14-Day RSI Related Terms

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Ionix Technology (Ionix Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 50 People Road, Room 608. Block B, Times Square, Zhongshan District, Liaoning Province, Dalian, CHN, 116001
Ionix Technology Inc in association with its subsidiaries, designs, develops and sells lithium batteries. These batteries are used in consumer electronic devices such as computers and mobile devices, electric vehicles, and storage applications. Its segments include SmartEnergy, Photoelectric Display, Smart energy and Service Contracts, of which the majority of the revenue comes from the Photoelectric Display segment which derives its revenue from the sales of LCM(Liquid Crystal Module) and LCD(Liquid Crystal Display) screens manufactured for small devices such as video capable baby monitors, and electronic devices. All of its revenues come from China.
Executives
Yanli Wang director NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Xiaolin Wei director NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yongping Wang director NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yang Yan officer: President and Treasurer NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yubao Liu director, 10 percent owner NO.122, ZU 9, HONGGUANG COMMUNITY, XIANGYANG DISTRICT, JIAMUSI, HEILONGJIANG F4 154000
Shuyu Li officer: President, Treasurer ROOM 608, BLOCK B,NO.50 RENMIN ROAD,, ZHONGSHAN DISTRICT, DALIAN F4 116001
Long Xie officer: Secretary of the Company NO.33,1-502 ROOM,HAIWAN STREET,, SHAHEKOU DISTRICT, DALIAN F4 116023
Zhenyu Wang director NO.9#22 GONGJIAN COMMUNITY,, QIANJIN DISTRICT,, JIAMUSI CITY,HEILONGJIANG PROV F4 154000
Cheng Li director NO.49, GROUP 3, YUCAI COMMUNITY, XIANGYANG DISTRICT, JIAMUSI, HEILONGJIANG PROVINCE F4 154000
Hui Zhang director NO.88, 501,NANHE ST, SHAHEKOU DISTRICT, DALIAN CITY, LIAONING PROVINCE F4 116000
Qinghua Shi director NO.43, 6-4-1, ANSHAN ROAD, XIGANG DISTRICT, DALIAN, LIAONING PROVINCE F4 116000
Anthony Vincent Saviano director 30 N. GOULD ST., STE R.,, SHERIDAN, WY 82801
Yongsheng Fu director NO.97, GROUP 10, YONGTAI COMMUNITY, XIANGYANG DISTRICT,, JIAMUSI, HEILONGJIANG PROVINCE F4 154000
Jialin Liang director NO.777 HAIAN ROAD, JILIN PROVINCE, CHANGCHUN CITY F4 130000
Bailiang Yang director, officer: Chairman of the Board of Dir. NO. 279, ZHONGNAN RD, ZHONGSHAN DIST., DALIAN, LIAONING F4 116015

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