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Amara Raja Energy & Mobility (BOM:500008) 14-Day RSI : 64.87 (As of May. 23, 2024)


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What is Amara Raja Energy & Mobility 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), Amara Raja Energy & Mobility's 14-Day RSI is 64.87.

The industry rank for Amara Raja Energy & Mobility's 14-Day RSI or its related term are showing as below:

BOM:500008's 14-Day RSI is ranked worse than
85.24% of 3104 companies
in the Industrial Products industry
Industry Median: 50.6 vs BOM:500008: 64.87

Competitive Comparison of Amara Raja Energy & Mobility's 14-Day RSI

For the Electrical Equipment & Parts subindustry, Amara Raja Energy & Mobility'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.


Amara Raja Energy & Mobility's 14-Day RSI Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amara Raja Energy & Mobility's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Amara Raja Energy & Mobility's 14-Day RSI falls into.



Amara Raja Energy & Mobility  (BOM:500008) 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.


Amara Raja Energy & Mobility  (BOM:500008) 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.


Amara Raja Energy & Mobility 14-Day RSI Related Terms

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Amara Raja Energy & Mobility (BOM:500008) Business Description

Traded in Other Exchanges
Address
Terminal A, 1-18/1/AMR/NR, Nanakramguda, Gachibowli, Hyderabad, TG, IND, 500 032
Amara Raja Energy & Mobility Ltd Formerly Amara Raja Batteries Ltd is an India-based battery maker that operates through two divisions. The automotive battery division manufactures automotive batteries under the brand names Amaron and Powerzone and serves both the replacement market and original equipment manufacturers. The industrial battery division provides its products under flagship brands PowerStack, Quanta, and QRS Series to a wide range of industries, including telecommunications, infrastructure, power, railways, and others. The company generates most of its sales from the Indian domestic market.

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