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Centuria Capital Group (ASX:CNI) 14-Day RSI : 45.14 (As of Dec. 15, 2024)


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What is Centuria Capital Group 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 (2024-12-15), Centuria Capital Group's 14-Day RSI is 45.14.

The industry rank for Centuria Capital Group's 14-Day RSI or its related term are showing as below:

ASX:CNI's 14-Day RSI is ranked worse than
53.2% of 1015 companies
in the REITs industry
Industry Median: 44.01 vs ASX:CNI: 45.14

Competitive Comparison of Centuria Capital Group's 14-Day RSI

For the REIT - Diversified subindustry, Centuria Capital Group'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.


Centuria Capital Group's 14-Day RSI Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Centuria Capital Group's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Centuria Capital Group's 14-Day RSI falls into.



Centuria Capital Group  (ASX:CNI) 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.


Centuria Capital Group  (ASX:CNI) 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.


Centuria Capital Group 14-Day RSI Related Terms

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Centuria Capital Group Business Description

Traded in Other Exchanges
N/A
Address
2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000
Centuria Capital Group for-profit entity and its principal activities are the marketing and management of investment products including property investment funds and friendly society investment bonds, co-investments in property investment funds, as well as property and development finance. The Group has six reportable operating segments namely, Property Funds Management; Co-Investments; Developments; Property & Development Finance; Investment Bonds Management; and Corporate. The Group generates the majority of its revenue from the Property Funds Management segment, which is engaged in the Management of listed and unlisted property funds.