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Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) 14-Day RSI : 71.87 (As of Dec. 12, 2024)


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What is Alimtiaz Investment Group Co KSC 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 (2024-12-12), Alimtiaz Investment Group Co KSC's 14-Day RSI is 71.87.

The industry rank for Alimtiaz Investment Group Co KSC's 14-Day RSI or its related term are showing as below:

KUW:ALIMTIAZ's 14-Day RSI is ranked worse than
92.51% of 1775 companies
in the Asset Management industry
Industry Median: 52.11 vs KUW:ALIMTIAZ: 71.87

Competitive Comparison of Alimtiaz Investment Group Co KSC's 14-Day RSI

For the Asset Management subindustry, Alimtiaz Investment Group Co KSC'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.


Alimtiaz Investment Group Co KSC's 14-Day RSI Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alimtiaz Investment Group Co KSC's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Alimtiaz Investment Group Co KSC's 14-Day RSI falls into.



Alimtiaz Investment Group Co KSC  (KUW:ALIMTIAZ) 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.


Alimtiaz Investment Group Co KSC  (KUW:ALIMTIAZ) 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.


Alimtiaz Investment Group Co KSC 14-Day RSI Related Terms

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Alimtiaz Investment Group Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Khaled Bin Al Waleed Street, Al Dhow Tower, P.O. Box: 29050, Kuwait, KWT, 13151
Alimtiaz Investment Group Co KSC is an investment company. The company manages a diversified portfolio of investments in operating assets consisting of six main businesses namely Real Estate, Pharmaceuticals, Education, IT and technology services, and Food and Beverages in various geographic locations. The company operates its business in various segments including Investment Properties, Financial Investments, Healthcare, Education, Oil and construction, IT(Information Technology) solutions and fintech, Food sales, and Others.

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