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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) 14-Day RSI : 54.93 (As of Apr. 28, 2024)


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What is Banco Latinoamericano de Comercio Exterior 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 (2024-04-28), Banco Latinoamericano de Comercio Exterior's 14-Day RSI is 54.93.

The industry rank for Banco Latinoamericano de Comercio Exterior's 14-Day RSI or its related term are showing as below:

BLX's 14-Day RSI is ranked worse than
66.75% of 1585 companies
in the Banks industry
Industry Median: 49.41 vs BLX: 54.93

Competitive Comparison of Banco Latinoamericano de Comercio Exterior's 14-Day RSI

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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.


Banco Latinoamericano de Comercio Exterior's 14-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Latinoamericano de Comercio Exterior's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's 14-Day RSI falls into.



Banco Latinoamericano de Comercio Exterior  (NYSE:BLX) 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.


Banco Latinoamericano de Comercio Exterior  (NYSE:BLX) 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.


Banco Latinoamericano de Comercio Exterior 14-Day RSI Related Terms

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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Traded in Other Exchanges
Address
Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN
Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.

Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Headlines

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