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PT Mitra Keluarga Karyasehat Tbk (ISX:MIKA) 14-Day RSI : 67.72 (As of May. 11, 2024)


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What is PT Mitra Keluarga Karyasehat Tbk 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 (2024-05-11), PT Mitra Keluarga Karyasehat Tbk's 14-Day RSI is 67.72.

The industry rank for PT Mitra Keluarga Karyasehat Tbk's 14-Day RSI or its related term are showing as below:

ISX:MIKA's 14-Day RSI is ranked worse than
90.86% of 700 companies
in the Healthcare Providers & Services industry
Industry Median: 48.385 vs ISX:MIKA: 67.72

Competitive Comparison of PT Mitra Keluarga Karyasehat Tbk's 14-Day RSI

For the Medical Care Facilities subindustry, PT Mitra Keluarga Karyasehat Tbk'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.


PT Mitra Keluarga Karyasehat Tbk's 14-Day RSI Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Mitra Keluarga Karyasehat Tbk's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where PT Mitra Keluarga Karyasehat Tbk's 14-Day RSI falls into.



PT Mitra Keluarga Karyasehat Tbk  (ISX:MIKA) 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.


PT Mitra Keluarga Karyasehat Tbk  (ISX:MIKA) 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.


PT Mitra Keluarga Karyasehat Tbk 14-Day RSI Related Terms

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PT Mitra Keluarga Karyasehat Tbk (ISX:MIKA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bukit Gading Raya Kav. 2, Kelapa Gading, Jakarta, IDN, 14240
PT Mitra Keluarga Karyasehat Tbk is a medical care company that owns and operates hospitals under the name Mitra Keluarga. The firm has one business segment: Healthcare Facilities & Services, which operates multispecialty hospitals. These hospitals have a variety of services, which include laboratory, emergency room, pharmacy, radiology, intensive-care units. It also has interests in general surgery, cardiovascular, orthopedics, neurosurgery, urology, and pediatrics, among many others. Its revenue is contributed by two business segments, namely the Outpatient and Inpatient segments. It generates most of its revenue in Indonesia.

PT Mitra Keluarga Karyasehat Tbk (ISX:MIKA) Headlines

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