GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Affinity Education Group Ltd (ASX:AFJ) » Definitions » 14-Day RSI

Affinity Education Group (ASX:AFJ) 14-Day RSI : N/A (As of Jun. 05, 2024)


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

What is Affinity Education Group 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 (2024-06-05), Affinity Education Group's 14-Day RSI is N/A.

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

ASX:AFJ's 14-Day RSI is not ranked *
in the Personal Services industry.
Industry Median: 50.27
* Ranked among companies with meaningful 14-Day RSI only.

Competitive Comparison of Affinity Education Group's 14-Day RSI

For the Personal Services subindustry, Affinity Education Group'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.


Affinity Education Group's 14-Day RSI Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Affinity Education Group's 14-Day RSI distribution charts can be found below:

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



Affinity Education Group  (ASX:AFJ) 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.


Affinity Education Group  (ASX:AFJ) 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.


Affinity Education Group 14-Day RSI Related Terms

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


Affinity Education Group (ASX:AFJ) Business Description

Traded in Other Exchanges
N/A
Address
Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

Affinity Education Group (ASX:AFJ) Headlines

No Headlines