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Zedge (ZDGE) 5-Day RSI : 56.49 (As of May. 13, 2024)


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What is Zedge 5-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. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-05-13), Zedge's 5-Day RSI is 56.49.

The industry rank for Zedge's 5-Day RSI or its related term are showing as below:

ZDGE's 5-Day RSI is ranked worse than
60.57% of 601 companies
in the Interactive Media industry
Industry Median: 51.04 vs ZDGE: 56.49

Competitive Comparison of Zedge's 5-Day RSI

For the Internet Content & Information subindustry, Zedge's 5-Day RSI, along with its competitors' market caps and 5-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.


Zedge's 5-Day RSI Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Zedge's 5-Day RSI falls into.



Zedge  (AMEX:ZDGE) 5-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.


Zedge  (AMEX:ZDGE) 5-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. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Zedge 5-Day RSI Related Terms

Thank you for viewing the detailed overview of Zedge's 5-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Zedge (ZDGE) Business Description

Traded in Other Exchanges
Address
1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.
Executives
Gregory Suess director 9701 WILSHIRE BLVD, 8TH FLOOR, BEVERLY HILLS CA 90212
Elliot Gibber director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Jonathan Reich officer: CFO & COO C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Mark Ghermezian director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Michael C Jonas director C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Yi Tsai officer: CFO & Treasurer 51 CROSS HWY, WESTPORT CT 06880
Paul Packer director C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Howard S Jonas director
Stephen M Greenberg director C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Todd E Feldman director C/O ZEDGE, INC., 22 COURTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Marie Therese Carney director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Tom Arnoy officer: Chief Executive Officer C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Idt Corp 10 percent owner 520 BROAD STREET, NEWARK NJ 07102

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