0 results available. Select is focused ,type to refine list, press Down to open the menu,
Nestlé (Malaysia) Berhad manufactures and sells food and beverage products in Malaysia and internationally. The company offers ice-cream, powdered milk and drinks, liquid milk and juices, instant coff...
The following section summarizes insights on Nestle (Malaysia) Bhd's Relative Strength Index (14d):
We've identified the following companies as similar to Nestle (Malaysia) Bhd because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Relative Strength Index (14d) in the valuation category include:
A momentum oscillator that measures the speed and change of price movements.
Relative Strength Index (14D) is a momentum oscillator that measures the speed and change of price movements.
We use a most popular implementation of RSI which looks at a 14-day timeframe. Index scores range from 0 to 100, where the stock is considered overbought when the index is above 70 and oversold when below 30. Nestlé Berhad’s 14 day RSI of 17.39 suggests the company is trading in technically oversold territory.
RSI was described in J. Welles Wilder’s published work, New Concepts in Technical Trading Systems, and in Commodities magazine in the June 1978 issue and has last the test of time becoming one of the more widely used oscillator indices. Read more about relative strength index here.
The chart above depicts the distribution of relative strength index (14d) for companies operating in the Consumer Staples sector in the Developing economic region. Over 1,440 companies were considered in this analysis, and 1,415 had meaningful values. The average relative strength index (14d) of companies in the sector is 51.57 with a standard deviation of 14.92.
Nestle (Malaysia) Bhd's Relative Strength Index (14d) of 17.39 is significantly outside the interquartile range and is excluded from the distribution. The following table provides additional summary stats:
Economic Risk Region | Developing |
Total Constituents | 1,444 |
Included Constituents | 1,415 |
Min | 22.72 |
Max | 100.00 |
Median | 49.34 |
Mean | 51.57 |
Standard Deviation | 14.92 |
You can find companies with similar relative strength index (14d) using this stock screener.