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Bodhtree Consulting (BOM:539122) 14-Day RSI : 79.03 (As of May. 05, 2024)


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What is Bodhtree Consulting 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 (2024-05-05), Bodhtree Consulting's 14-Day RSI is 79.03.

The industry rank for Bodhtree Consulting's 14-Day RSI or its related term are showing as below:

BOM:539122's 14-Day RSI is not ranked
in the Software industry.
Industry Median: 48.54 vs BOM:539122: 79.03

Competitive Comparison of Bodhtree Consulting's 14-Day RSI

For the Information Technology Services subindustry, Bodhtree Consulting'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.


Bodhtree Consulting's 14-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, Bodhtree Consulting's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Bodhtree Consulting's 14-Day RSI falls into.



Bodhtree Consulting  (BOM:539122) 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.


Bodhtree Consulting  (BOM:539122) 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.


Bodhtree Consulting 14-Day RSI Related Terms

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Bodhtree Consulting (BOM:539122) Business Description

Traded in Other Exchanges
N/A
Address
Level-2, Wing-A, Melange Towers, Hitech City, Madhapur, Patrika Nagar, Hyderabad, TG, IND, 500081
Bodhtree Consulting Ltd is engaged in the information technology (IT) and information technology enabled services (ITES) industry. It operates through IT and Enabling Services. Its services include Cloud services, Analytics, Digital Customer Experience, Enterprises services, Salesforce Packages and Tableau Reseller. The company's solutions include Midas for Oracle SalesCloud, Midas for Salesforce, cloud solutions, healthcare analytics framework and digital solutions.

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