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AS Ekspress Grupp (FRA:DYC) 5-Day RSI : 26.87 (As of May. 16, 2024)


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What is AS Ekspress Grupp 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-05-16), AS Ekspress Grupp's 5-Day RSI is 26.87.

The industry rank for AS Ekspress Grupp's 5-Day RSI or its related term are showing as below:

FRA:DYC's 5-Day RSI is ranked better than
85.16% of 1085 companies
in the Media - Diversified industry
Industry Median: 46.58 vs FRA:DYC: 26.87

Competitive Comparison of AS Ekspress Grupp's 5-Day RSI

For the Advertising Agencies subindustry, AS Ekspress Grupp's 5-Day RSI, along with its competitors' market caps and 5-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.


AS Ekspress Grupp's 5-Day RSI Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AS Ekspress Grupp's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where AS Ekspress Grupp's 5-Day RSI falls into.



AS Ekspress Grupp  (FRA:DYC) 5-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.


AS Ekspress Grupp  (FRA:DYC) 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


AS Ekspress Grupp 5-Day RSI Related Terms

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AS Ekspress Grupp (FRA:DYC) Business Description

Traded in Other Exchanges
Address
Narva maantee 13, Tallinn, EST, 10151
AS Ekspress Grupp is a media company whose key activities include web media content production as well as the publishing of newspapers, magazines, and books. The business activities of the group function through the Media segment. The media segment comprises the operations of online news portals and classified portals, advertising sales in own portals in the Baltics and publishing of newspapers, magazines, customer and advertising fliers, publishing, and publication of books as well as the sale of digital outdoor advertising in Estonia and Latvia. The group also operates an electronic ticket sales platform and ticket offices and provides an outdoor screen service in Estonia and Latvia.

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