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Goosehead Insurance (Goosehead Insurance) 5-Day RSI : 47.67 (As of May. 01, 2024)


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What is Goosehead Insurance 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 (2024-05-01), Goosehead Insurance's 5-Day RSI is 47.67.

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

GSHD's 5-Day RSI is ranked better than
53.04% of 575 companies
in the Insurance industry
Industry Median: 49.42 vs GSHD: 47.67

Competitive Comparison of Goosehead Insurance's 5-Day RSI

For the Insurance - Diversified subindustry, Goosehead Insurance'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.


Goosehead Insurance's 5-Day RSI Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Goosehead Insurance's 5-Day RSI distribution charts can be found below:

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



Goosehead Insurance  (NAS:GSHD) 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.


Goosehead Insurance  (NAS:GSHD) 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.


Goosehead Insurance 5-Day RSI Related Terms

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Goosehead Insurance (Goosehead Insurance) Business Description

Traded in Other Exchanges
Address
1500 Solana Boulevard, Building 4, Suite 4500, Westlake, TX, USA, 76262
Goosehead Insurance Inc operates as an insurance agency. Its insurance products consist of homeowner's insurance; auto insurance; other personal lines products including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property, and auto insurance for small businesses); and life insurance. It operates in Texas, California, Illinois, Florida, and other regions.
Executives
Lindy Langston Spousal Lifetime Access Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Ryan Langston 2021 Family Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Slj Dynasty Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Chick & The Bear Irrevocable Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Adrienne Jones 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lanni Romney 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Mark & Robyn Jones Descendants Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lanni Romney Spousal Lifetime Access Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Adrienne Morgan Jones Family Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Desiree Robyn Coleman Family Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Mark Evan Jones, Jr. Family Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Camille Lavaun Peterson Family Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lanni Elaine Romney Family Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lindy Jean Langston Family Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Camille Peterson 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262