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Infortar AS (OTSE:INF1T) 14-Day RSI : 64.06 (As of May. 24, 2024)


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What is Infortar AS 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 (2024-05-24), Infortar AS's 14-Day RSI is 64.06.

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

OTSE:INF1T's 14-Day RSI is ranked worse than
84.97% of 1790 companies
in the Asset Management industry
Industry Median: 51.39 vs OTSE:INF1T: 64.06

Competitive Comparison of Infortar AS's 14-Day RSI

For the Asset Management subindustry, Infortar AS'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.


Infortar AS's 14-Day RSI Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Infortar AS's 14-Day RSI distribution charts can be found below:

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



Infortar AS  (OTSE:INF1T) 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.


Infortar AS  (OTSE:INF1T) 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.


Infortar AS 14-Day RSI Related Terms

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Infortar AS (OTSE:INF1T) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Sadama 5, Tallinn, EST, 10111
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

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