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Semapa (XLIS:SEM) 14-Day RSI : 60.30 (As of May. 04, 2024)


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What is Semapa 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 (2024-05-04), Semapa's 14-Day RSI is 60.30.

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

XLIS:SEM's 14-Day RSI is ranked worse than
90.58% of 308 companies
in the Forest Products industry
Industry Median: 51.065 vs XLIS:SEM: 60.30

Competitive Comparison of Semapa's 14-Day RSI

For the Paper & Paper Products subindustry, Semapa'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.


Semapa's 14-Day RSI Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Semapa's 14-Day RSI distribution charts can be found below:

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



Semapa  (XLIS:SEM) 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.


Semapa  (XLIS:SEM) 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.


Semapa 14-Day RSI Related Terms

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Semapa (XLIS:SEM) Business Description

Traded in Other Exchanges
Address
Avenue Fontes Pereira de Melo, 14 - 10th Floor, Lisboa, PRT, 1050-121
Semapa SA makes and sells a variety of paper products as well as cement. The segments of the company are, paper and pulp segment is the production and sale of writing and printing thin paper (UWF) and domestic consumption paper (Tissue), and it is present in the whole value-added chain, from research and development of forestry and agricultural production to the purchase and sale of wood and the production and sale of bleached eucalyptus kraft pulp and electric and thermal energy, as well as its commercialization. The cement and derivatives segment sells cement, ready-mix concrete, and aggregates to the construction and building industries. The environment segment collects animal waste and sells animal fats, food oil, and meal. The majority of revenue comes from the Rest of Europe.

Semapa (XLIS:SEM) Headlines

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