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EV Digital Invest INH AKT (FRA:ENGL) 14-Day RSI : 50.21 (As of Jun. 08, 2024)


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What is EV Digital Invest INH AKT 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 (2024-06-08), EV Digital Invest INH AKT's 14-Day RSI is 50.21.

The industry rank for EV Digital Invest INH AKT's 14-Day RSI or its related term are showing as below:

FRA:ENGL's 14-Day RSI is ranked better than
90.29% of 577 companies
in the Credit Services industry
Industry Median: 47.62 vs FRA:ENGL: 50.21

Competitive Comparison of EV Digital Invest INH AKT's 14-Day RSI

For the Credit Services subindustry, EV Digital Invest INH AKT'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.


EV Digital Invest INH AKT's 14-Day RSI Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, EV Digital Invest INH AKT's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where EV Digital Invest INH AKT's 14-Day RSI falls into.



EV Digital Invest INH AKT  (FRA:ENGL) 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.


EV Digital Invest INH AKT  (FRA:ENGL) 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.


EV Digital Invest INH AKT 14-Day RSI Related Terms

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EV Digital Invest INH AKT (FRA:ENGL) Business Description

Traded in Other Exchanges
Address
Joachimsthaler Str. 12, Berlin, DEU, 10719
EV Digital Invest INH AKT provides a digital investment platform for real estate and offers private investors the opportunity to participate in selected real estate projects as co-investors.

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