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The Marygold (The Marygold) 9-Day RSI : 61.38 (As of Jun. 01, 2024)


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What is The Marygold 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 (2024-06-01), The Marygold's 9-Day RSI is 61.38.

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

MGLD's 9-Day RSI is ranked worse than
79.69% of 1787 companies
in the Asset Management industry
Industry Median: 49.68 vs MGLD: 61.38

Competitive Comparison of The Marygold's 9-Day RSI

For the Asset Management subindustry, The Marygold'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.


The Marygold's 9-Day RSI Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Marygold's 9-Day RSI distribution charts can be found below:

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



The Marygold  (AMEX:MGLD) 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.


The Marygold  (AMEX:MGLD) 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.


The Marygold 9-Day RSI Related Terms

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


The Marygold (The Marygold) Business Description

Traded in Other Exchanges
Address
120 Calle Iglesia, Unit B, San Clemente, CA, USA, 92672
The Marygold Companies Inc is engaged in identifying and acquiring established, profitable, undervalued companies in diverse sectors, and managing the portfolio to facilitate growth and add value for all stakeholders.
Executives
Scott Allen West officer: Chief Accounting Officer 12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
James S Alexander director C/O THE MARYGOLD COMPANIES, INC., 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
David Wayne Neibert director, officer: Chief Executive Officer 13652 ACORN CIRCLE, VALLEY CENTER CA 92082
Carolyn M. Yu officer: Chief Legal Officer 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
Kathryn D. Rooney director 2520 EYRE HALL PASS, NEW ALBANY OH 43054
Nicholas Daniel Gerber director, 10 percent owner, officer: Chief Executive Officer 127 DEVIN ROAD, MORAGA CA 94556
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Stuart P. Crumbaugh officer: Treasurer/CFO C/O USCF ETF TRUST, 1999 HARRISON STREET, SUITE 1530, OAKLAND CA 94612
Erin Grogan director 2721 WAWONA STREET, SAN FRANCISCO CA 94116
Joya Harris director 150 MAISON PLACE N.W., ATLANTA GA 30303
Derek Jason Mullins director C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Tabatha Coffey director 1019 GLEN ROAD, FORT LEE NJ 07024
Sheila Gerber 10 percent owner 5 HATAMAR ST., BINYAMINA L3 30500
Eliot Gerber 10 percent owner 5 HATAMAR ST., BINYAMINA L3 30500
Gerber Family Irrevocable Trust 10 percent owner COMMONWEALTH TRUST COMPANY, TRUSTEE, 29 BANCROFT MILLS RD., WILMINGTON DE 19806

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