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Allied Properties Real Estate Investment Trust (Allied Properties Real Estate Investment Trust) 14-Day RSI : 42.44 (As of May. 03, 2024)


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What is Allied Properties Real Estate Investment Trust 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 (2024-05-03), Allied Properties Real Estate Investment Trust's 14-Day RSI is 42.44.

The industry rank for Allied Properties Real Estate Investment Trust's 14-Day RSI or its related term are showing as below:

APYRF's 14-Day RSI is ranked better than
71.81% of 933 companies
in the REITs industry
Industry Median: 49.09 vs APYRF: 42.44

Competitive Comparison of Allied Properties Real Estate Investment Trust's 14-Day RSI

For the REIT - Office subindustry, Allied Properties Real Estate Investment Trust'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.


Allied Properties Real Estate Investment Trust's 14-Day RSI Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Allied Properties Real Estate Investment Trust's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Allied Properties Real Estate Investment Trust's 14-Day RSI falls into.



Allied Properties Real Estate Investment Trust  (OTCPK:APYRF) 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.


Allied Properties Real Estate Investment Trust  (OTCPK:APYRF) 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.


Allied Properties Real Estate Investment Trust 14-Day RSI Related Terms

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Allied Properties Real Estate Investment Trust (Allied Properties Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

Allied Properties Real Estate Investment Trust (Allied Properties Real Estate Investment Trust) Headlines

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