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Prophecy DeFi (XCNQ:PDFI) 14-Day RSI : 49.69 (As of May. 28, 2024)


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What is Prophecy DeFi 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 (2024-05-28), Prophecy DeFi's 14-Day RSI is 49.69.

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

XCNQ:PDFI's 14-Day RSI is ranked worse than
58.69% of 581 companies
in the Credit Services industry
Industry Median: 47.5 vs XCNQ:PDFI: 49.69

Competitive Comparison of Prophecy DeFi's 14-Day RSI

For the Credit Services subindustry, Prophecy DeFi'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.


Prophecy DeFi's 14-Day RSI Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Prophecy DeFi's 14-Day RSI distribution charts can be found below:

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



Prophecy DeFi  (XCNQ:PDFI) 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.


Prophecy DeFi  (XCNQ:PDFI) 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.


Prophecy DeFi 14-Day RSI Related Terms

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Prophecy DeFi (XCNQ:PDFI) Business Description

Traded in Other Exchanges
Address
87 Scollard Street, Suite 100, Toronto, ON, CAN, M5R 1G4
Prophecy DeFi Inc aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem. The Company derives its income from digital currencies received for providing liquidity to decentralized cryptocurrency exchanges. Liquidity provisioning is Layer2 Blockchain's principal business activity and is the process where liquidity, in the form of digital assets, is deployed into the liquidity pools of decentralized exchanges.
Executives
John Andrew Mcmahon Director, Senior Officer

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