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NMBZ Holding (LSE:NMB) 14-Day RSI : N/A (As of May. 15, 2024)


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What is NMBZ Holding 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 (2024-05-15), NMBZ Holding's 14-Day RSI is N/A.

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

LSE:NMB's 14-Day RSI is not ranked *
in the Banks industry.
Industry Median: 53.01
* Ranked among companies with meaningful 14-Day RSI only.

Competitive Comparison of NMBZ Holding's 14-Day RSI

For the Banks - Regional subindustry, NMBZ Holding'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.


NMBZ Holding's 14-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NMBZ Holding's 14-Day RSI distribution charts can be found below:

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



NMBZ Holding  (LSE:NMB) 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.


NMBZ Holding  (LSE:NMB) 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.


NMBZ Holding 14-Day RSI Related Terms

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NMBZ Holding (LSE:NMB) Business Description

Traded in Other Exchanges
Address
19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE
NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in five segments: Retail Banking, Corporate Banking, Digital Banking, Treasury, International Banking, and others. Its Retail Banking segment includes individual customer's deposits and consumer overdrafts, credit card facilities, and funds transfer facilities. The Digital Banking segment handles the Bank's Digital Banking products, including Card and POS Services. Its Corporate Banking segment includes loans and other credit facilities and deposit and current accounts for corporate and institutional customers. The Treasury segment includes money market investment, securities trading, accepting and discounting of instruments, and foreign currency trading.

NMBZ Holding (LSE:NMB) Headlines

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