What is Morgan Stanley Asia Pacific Fund 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.
APF's 14-Day RSI is not ranked *
in the Asset Management industry.
Industry Median: 51.39 * Ranked among companies with meaningful 14-Day RSI only.
Competitive Comparison of Morgan Stanley Asia Pacific Fund's 14-Day RSI
For the Asset Management subindustry, Morgan Stanley Asia Pacific Fund'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.
Morgan Stanley Asia Pacific Fund's 14-Day RSI Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Morgan Stanley Asia Pacific Fund's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Morgan Stanley Asia Pacific Fund's 14-Day RSI falls into.
Morgan Stanley Asia Pacific Fund (NYSE:APF) 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.
Morgan Stanley Asia Pacific Fund (NYSE:APF) 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.
Morgan Stanley Asia Pacific Fund 14-Day RSI Related Terms
Thank you for viewing the detailed overview of Morgan Stanley Asia Pacific Fund's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Morgan Stanley Asia Pacific Fund (Morgan Stanley Asia Pacific Fund) Business Description
Morgan Stanley Asia Pacific Fund Inc is US-based closed-end management investment company. The fund's investment objective is to seek long-term capital appreciation through investments in equity securities of Asian-Pacific issuers and in debt securities issued or guaranteed by Asian Pacific governments or governmental entities. Its investment portfolio includes common stocks, warrants, and short-term investments. The company may also use derivative instruments to enhance its returns. Its majority of the revenue is generated from interest income, dividend and other income from investment made.
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