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Shonghoya Intl Group (Shonghoya Intl Group) 14-Day RSI : N/A (As of May. 17, 2024)


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What is Shonghoya Intl Group 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 (2024-05-17), Shonghoya Intl Group's 14-Day RSI is N/A.

The industry rank for Shonghoya Intl Group's 14-Day RSI or its related term are showing as below:

SNHO's 14-Day RSI is not ranked *
in the Retail - Cyclical industry.
Industry Median: 49.88
* Ranked among companies with meaningful 14-Day RSI only.

Competitive Comparison of Shonghoya Intl Group's 14-Day RSI

For the Internet Retail subindustry, Shonghoya Intl Group'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.


Shonghoya Intl Group's 14-Day RSI Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shonghoya Intl Group's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Shonghoya Intl Group's 14-Day RSI falls into.



Shonghoya Intl Group  (OTCPK:SNHO) 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.


Shonghoya Intl Group  (OTCPK:SNHO) 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.


Shonghoya Intl Group 14-Day RSI Related Terms

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Shonghoya Intl Group (Shonghoya Intl Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 118 Yongyuan Road, Yonghe District, Taipei, TWN
Shonghoya Intl Group Inc, formerly Deal A Day Group Corp operates in internet sales and marketing industry. It is primarily engaged in the daily deals/group buying arena, print media, software, and application development. It also focuses on marketing coupons to merchants in a localized area. The company develops templates for various categories of deals, such as restaurants, bars, and spas for quick demonstrations, sales, and postings for potential merchant clients.
Executives
Amro A. Albanna director, 10 percent owner, officer: CEO and Treasurer 871 MARLBOROUGH AVENUE, SUITE 100, RIVERSIDE CA 92507
Steve Bajic director 918-1030 WEST GEORGIA STREET, VANCOUVER A1 V6E 2Y3

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