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 (2024-05-05), NetSuite's 5-Day RSI is N/A.
The industry rank for NetSuite's 5-Day RSI or its related term are showing as below:
N's 5-Day RSI is not ranked *
in the Software industry.
Industry Median: 52.73 * Ranked among companies with meaningful 5-Day RSI only.
Competitive Comparison of NetSuite's 5-Day RSI
For the Software - Application subindustry, NetSuite'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.
NetSuite's 5-Day RSI Distribution in the Software Industry
For the Software industry and Technology sector, NetSuite's 5-Day RSI distribution charts can be found below:
* The bar in red indicates where NetSuite's 5-Day RSI falls into.
NetSuite (NYSE:N) 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.
NetSuite (NYSE:N) 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.
NetSuite 5-Day RSI Related Terms
Thank you for viewing the detailed overview of NetSuite's 5-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
NetSuite Inc was incorporated in California in September 1998 and reincorporated in Delaware in November 2007. The Company is engaged in providing cloud-based financials / Enterprise Resource Planning and omnichannel commerce software suites. It also offers suite of applications, including financial management, Customer Relationship Management, Ecommerce and retail management, Professional Services Automation and Human Capital Management that enable companies to manage its business operations. The Company's offerings include NetSuite, designed to provide business management capabilities; NetSuite, OneWorld and NetSuite CRM+ are designed for use by types of businesses; and NetSuite OpenAir is designed for use by professional services businesses. The Company's NetSuite applications are served to medium-sized businesses and divisions of companies provides a single platform for financials/ERP, CRM, PSA and Ecommerce capabilities. Its NetSuite OneWorld software is offered to companies operating in multinational and multi-subsidiary environment. NetSuite OneWorld allows users to utilize its single platform for financials/ERP, CRM, PSA and Ecommerce capabilities in multi-currency environments across multiple subsidiaries and legal entities. Its NetSuite CRM+ is offered to medium-sized business customers. This application provides traditional sales force automation, marketing automation, and customer support and service management functionality. NetSuite OpenAir PSA solution is used by professional services organizations. SuiteCommerce solution is built for retail and B2B businesses. SuiteCommerce enables businesses to move from standalone transactional channels such as online, in-store or telephone to an integrated commerce solution that puts the customer at the center of every experience. NetSuite POS is a point-of-sale solution that is used by retail businesses to deliver customer experience at the point of sale and turn today's shopper into tomorrow's loyal customer. TribeHR is a full suite of HCM functionality necessary to recruit, manage and reward employees. Add-On Modules offers integrated suite. SuiteCloud is a technology platform that allows customers, partners and developers to tailor and extend suite to meet specific company, vertical and industry requirements for personalization, business processes and practices. The Company's software allows businesses to automate operations, streamline processes and access real-time business information. It also offer customer support and professional services related to implementing and supporting its applications. It delivers its suite over the Internet as a subscription service using the software-as-a-service model. It also offers industry-specific configurations for use by wholesale/distribution, manufacturing, retail, nonprofit, services and software companies. The Company conducts its business in Canada, Europe, Asia, Australia and Uruguay. The Company competes with financials/ERP, C
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