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Toridoll Holdings (TSE:3397) 14-Day RSI : 45.19 (As of May. 23, 2024)


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What is Toridoll Holdings 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 (2024-05-23), Toridoll Holdings's 14-Day RSI is 45.19.

The industry rank for Toridoll Holdings's 14-Day RSI or its related term are showing as below:

TSE:3397's 14-Day RSI is ranked better than
57.85% of 363 companies
in the Restaurants industry
Industry Median: 47.91 vs TSE:3397: 45.19

Competitive Comparison of Toridoll Holdings's 14-Day RSI

For the Restaurants subindustry, Toridoll Holdings'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.


Toridoll Holdings's 14-Day RSI Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Toridoll Holdings's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Toridoll Holdings's 14-Day RSI falls into.



Toridoll Holdings  (TSE:3397) 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.


Toridoll Holdings  (TSE:3397) 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.


Toridoll Holdings 14-Day RSI Related Terms

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Toridoll Holdings (TSE:3397) Business Description

Traded in Other Exchanges
N/A
Address
22F, Gate City Ohsaki West Tower, 1-11-1,Ohsaki,Shinagawa-ku, Tokyo, JPN, 141?0032
Toridoll Holdings Corp owns and operates more than 1,000 restaurants Japan. Toridoll has several different restaurant brands, but most are similar in serving Japanese or other Asian cuisine and using an open-kitchen concept where customers can see the food as it is prepared. Toridoll's primary brand is Marugame Seimen, which specializes in Sanuki udon and accounts for more than 85% of the company's total sales. Marugame Seimen has nearly 800 locations in Japan and more than 100 locations in a dozen other countries. Other significant brands in Japan include Toridoll, Nagata Honjo-ken, and Marusho-ya. Significant brands outside Japan include Wok to Walk, Tokyo Table, and Boat Noodle.

Toridoll Holdings (TSE:3397) Headlines

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