GURUFOCUS.COM » STOCK LIST » Europe » Netherlands » XAMS » Holland Colours (XAMS:HOLCO) » Definitions » 9-Day RSI
Switch to:

Holland Colours (XAMS:HOLCO) 9-Day RSI

: 51.69 (As of Today)
View and export this data going back to 1989. Start your Free Trial

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 (2023-03-22), Holland Colours's 9-Day RSI is 51.69.

The industry rank for Holland Colours's 9-Day RSI or its related term are showing as below:

XAMS:HOLCO's 9-Day RSI is ranked worse than
76.76% of 1532 companies
in the Chemicals industry
Industry Median: 42.60 vs XAMS:HOLCO: 51.69

Competitive Comparison

For the Specialty Chemicals subindustry, Holland Colours'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.

   

Holland Colours 9-Day RSI Distribution

For the Chemicals industry and Basic Materials sector, Holland Colours's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Holland Colours's 9-Day RSI falls in comparison to its industry or sector. The grey bar indicates the 9-Day RSI's extreme value range as defined by GuruFocus.



Holland Colours  (XAMS:HOLCO) 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.


Holland Colours  (XAMS:HOLCO) 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.


Holland Colours 9-Day RSI Related Terms

Thank you for viewing the detailed overview of Holland Colours's 9-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Holland Colours (XAMS:HOLCO) Business Description

Holland Colours logo
Traded in Other Exchanges
Address
Halvemaanweg 1, P.O. Box 720, Apeldoorn, GE, NLD, 7323 RW
Holland Colours creates and manufactures high-quality solid and liquid colorants, masterbatches and additives. The company and its subsidiaries manufacture, distribute, and sell color concentrates. Its products are designed to be well suited for coloring rigid and flexible polyvinyl chloride, pet, polyolefins and other polymers. The company serves many different markets which include building and construction but is not limited to, profiles, pipes, siding, and cladding. In addition, to serving these markets, it also offers color concentrates for coatings, elastomers, adhesives and other applications. The company operates geographically across Europe, the United States of America and Asia.

Holland Colours (XAMS:HOLCO) Headlines

No Headlines