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Yeo Hiap Seng (SGX:Y03) 14-Day RSI : 38.79 (As of May. 09, 2024)


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What is Yeo Hiap Seng 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 (2024-05-09), Yeo Hiap Seng's 14-Day RSI is 38.79.

The industry rank for Yeo Hiap Seng's 14-Day RSI or its related term are showing as below:

SGX:Y03's 14-Day RSI is ranked worse than
66.63% of 2059 companies
in the Consumer Packaged Goods industry
Industry Median: 51.15 vs SGX:Y03: 38.79

Competitive Comparison of Yeo Hiap Seng's 14-Day RSI

For the Packaged Foods subindustry, Yeo Hiap Seng'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.


Yeo Hiap Seng's 14-Day RSI Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yeo Hiap Seng's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Yeo Hiap Seng's 14-Day RSI falls into.



Yeo Hiap Seng  (SGX:Y03) 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.


Yeo Hiap Seng  (SGX:Y03) 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.


Yeo Hiap Seng 14-Day RSI Related Terms

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Yeo Hiap Seng (SGX:Y03) Business Description

Traded in Other Exchanges
N/A
Address
3 Senoko Way, Singapore, SGP, 758057
Yeo Hiap Seng Ltd is organized in consumer food and beverage products, and other segments. The consumer food and beverage products segment involves the business of manufacture, sale, and distribution of beverages and food products; the Others segment comprise investment property holding, equity investment holding and property development. The company has Singapore, Malaysia. Cambodia and other countries geographic segments. It generates a vast majority of its revenues from the food and beverages segment within Malaysia. The Group is organized into two business segments: Consumer food and beverage products and Others.

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