GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cityneon Holdings Ltd (OTCPK:CNHDF) » Definitions » 9-Day RSI

Cityneon Holdings (Cityneon Holdings) 9-Day RSI : N/A (As of Jun. 08, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Cityneon Holdings 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 (2024-06-08), Cityneon Holdings's 9-Day RSI is N/A.

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

CNHDF's 9-Day RSI is not ranked *
in the Business Services industry.
Industry Median: 46.86
* Ranked among companies with meaningful 9-Day RSI only.

Competitive Comparison of Cityneon Holdings's 9-Day RSI

For the Specialty Business Services subindustry, Cityneon Holdings'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.


Cityneon Holdings's 9-Day RSI Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cityneon Holdings's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Cityneon Holdings's 9-Day RSI falls into.



Cityneon Holdings  (OTCPK:CNHDF) 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.


Cityneon Holdings  (OTCPK:CNHDF) 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.


Cityneon Holdings 9-Day RSI Related Terms

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


Cityneon Holdings (Cityneon Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Cityneon Holdings Ltd is engaged in providing various business services. The company operates its business through various segments that are Experiential Environment, which comprise of architectural facades, scenic fabrication, sculptures, scaled models, wall reliefs and murals, replicas, and others; Interior Architecture, which comprise of conceptualize, design and interior fitting-out services to commercial properties, healthcare, hospitality services industry, and others; Exhibitions, which comprise of design, fabrication, installation and project management of customized exhibition booths and pavilions, and others; Events, which assist in operations; and Intellectual Property Rights. It offers its services to Singapore, Middle East, Malaysia, China, Asia-Pacific, and other regions.

Cityneon Holdings (Cityneon Holdings) Headlines

No Headlines