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Galada Power & Telecommunication (BOM:504697) 9-Day RSI : N/A (As of May. 21, 2024)


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What is Galada Power & Telecommunication 9-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. 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 (2024-05-21), Galada Power & Telecommunication's 9-Day RSI is N/A.

The industry rank for Galada Power & Telecommunication's 9-Day RSI or its related term are showing as below:

BOM:504697's 9-Day RSI is not ranked *
in the Metals & Mining industry.
Industry Median: 54.14
* Ranked among companies with meaningful 9-Day RSI only.

Competitive Comparison of Galada Power & Telecommunication's 9-Day RSI

For the Aluminum subindustry, Galada Power & Telecommunication'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.


Galada Power & Telecommunication's 9-Day RSI Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Galada Power & Telecommunication's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Galada Power & Telecommunication's 9-Day RSI falls into.



Galada Power & Telecommunication  (BOM:504697) 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.


Galada Power & Telecommunication  (BOM:504697) 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.


Galada Power & Telecommunication 9-Day RSI Related Terms

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Galada Power & Telecommunication (BOM:504697) Business Description

Traded in Other Exchanges
N/A
Address
Door No. 6-3-1111/15, 1st Floor, Nishat Bagh Colony, Somajiguda, Begumpet, Hyderabad, TG, IND, 500039
Galada Power & Telecommunication Ltd is engaged in the business of "Manufacture of Aluminum, conductors and other allied products". Geographically, it operates in India and Outside India. The company supplies electrical conductors for overhead power transmission and distribution lines. It is also engaged in the manufacturing and marketing of aluminium and aluminium alloy wire-rods; conductors manufacture and marketing of overhead ECs and consultancy, construction/erection, inspection and commissioning of transmission and distribution lines.

Galada Power & Telecommunication (BOM:504697) Headlines

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