GURUFOCUS.COM » STOCK LIST » Technology » Software » OMNIQ Corp (NAS:OMQS) » Definitions » 14-Day RSI

OMNIQ (OMQS) 14-Day RSI : 42.90 (As of May. 02, 2024)


View and export this data going back to . Start your Free Trial

What is OMNIQ 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 (2024-05-02), OMNIQ's 14-Day RSI is 42.90.

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

OMQS's 14-Day RSI is ranked better than
67.95% of 2917 companies
in the Software industry
Industry Median: 47.68 vs OMQS: 42.90

Competitive Comparison of OMNIQ's 14-Day RSI

For the Software - Application subindustry, OMNIQ'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.


OMNIQ's 14-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, OMNIQ's 14-Day RSI distribution charts can be found below:

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



OMNIQ  (NAS:OMQS) 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.


OMNIQ  (NAS:OMQS) 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.


OMNIQ 14-Day RSI Related Terms

Thank you for viewing the detailed overview of OMNIQ's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


OMNIQ (OMQS) Business Description

Traded in Other Exchanges
N/A
Address
1865 West 2100 South, Salt Lake City, UT, USA, 84119
OMNIQ Corp provides computerized and machine vision image processing solutions that use patented and proprietary artificial intelligence (AI) technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic and parking management and access control applications. The company provides products and solutions to two markets: supply chain management and smart/safe city.
Executives
Neev Nissenson director 42 CARRY WAY, CARSON CITY NV 89521
Mina Ayala Teicher director 22 VITKIN ST, TEL AVIV L3 63474
Guy Elhanani director 11 YOSEF NAKAR STREET, PETAH TIQVA L3 4977359
Itzhak Almog director 7/A MOLEDET ST, HOD HASHARON L3 45341
Shai Lustgarten director, officer: Chief Executive Officer 27, HAMETZUDA STREET, AZOR L3 5800171
Jason F Griffith director, officer: Chief Financial Officer 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052
Carlos Jaime Nissensohn 10 percent owner TRAVESA DE PRAIA 128, PRAIA DA LUZ S1 8600
Benjamin Kemper officer: Chief Financial Officer 1251 S. 1650 W, SYRACUSE UT 84075
Andrew J Macmillan director, officer: Chief Executive Officer NTS, INC., 5307 W. LOOP 289, LUBBOCK TX 79414
Yaron Shalem director 5 YISHAYAHU,, AURECH STREET,, TEL AVIV, L3 00000
Joseph Trombino officer: Chief Financial Officer 860 CONGER STREET, EUGENE OR 97402
Gilles Gaudreault director, officer: Chief Executive Officer 2580 ANTHEM VILLAGE DR., HENDERSON NV 89052
Viascan Group Inc. 10 percent owner 8102 TRANSCANADA HWY, ST-LAURENT A8 H751M5
Lewis William Austin Iv director 201 E 87TH STREET, APT 5H, NEW YORK NY 10128
Robert F. Shepard director 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052