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AXA Mansard Insurance (NSA:MANSARD) 14-Day RSI : 35.55 (As of May. 26, 2024)


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What is AXA Mansard Insurance 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 (2024-05-26), AXA Mansard Insurance's 14-Day RSI is 35.55.

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

NSA:MANSARD's 14-Day RSI is not ranked
in the Insurance industry.
Industry Median: 49.38 vs NSA:MANSARD: 35.55

Competitive Comparison of AXA Mansard Insurance's 14-Day RSI

For the Insurance - Diversified subindustry, AXA Mansard Insurance'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.


AXA Mansard Insurance's 14-Day RSI Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AXA Mansard Insurance's 14-Day RSI distribution charts can be found below:

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



AXA Mansard Insurance  (NSA:MANSARD) 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.


AXA Mansard Insurance  (NSA:MANSARD) 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.


AXA Mansard Insurance 14-Day RSI Related Terms

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AXA Mansard Insurance (NSA:MANSARD) Business Description

Traded in Other Exchanges
N/A
Address
Santa Clara Court, Plot 1412, Ahmadu, Bello Way, Victoria Island, Lagos, NGA
AXA Mansard Insurance PLC is an insurance and asset management company. The company offers life and non-life insurance products and services to individuals and institutions across Nigeria. It also offers asset/investment management services, medical insurance solutions and pension fund administration.

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