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Global Financial Investments HoldingOG (MUS:GFIC) 14-Day RSI : 40.09 (As of Dec. 14, 2024)


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What is Global Financial Investments HoldingOG 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 (2024-12-14), Global Financial Investments HoldingOG's 14-Day RSI is 40.09.

The industry rank for Global Financial Investments HoldingOG's 14-Day RSI or its related term are showing as below:

MUS:GFIC's 14-Day RSI is ranked better than
85.07% of 837 companies
in the Capital Markets industry
Industry Median: 51.97 vs MUS:GFIC: 40.09

Competitive Comparison of Global Financial Investments HoldingOG's 14-Day RSI

For the Capital Markets subindustry, Global Financial Investments HoldingOG'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.


Global Financial Investments HoldingOG's 14-Day RSI Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Global Financial Investments HoldingOG's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Global Financial Investments HoldingOG's 14-Day RSI falls into.



Global Financial Investments HoldingOG  (MUS:GFIC) 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.


Global Financial Investments HoldingOG  (MUS:GFIC) 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.


Global Financial Investments HoldingOG 14-Day RSI Related Terms

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Global Financial Investments HoldingOG Business Description

Traded in Other Exchanges
N/A
Address
P.O Box 978, Muscat, OMN, 113
Global Financial Investments Holding SAOG through its subsidiaries is engaged in brokerage, investment consultancy services, educational and training services, logistic services, leasing and financing services, manufacturing of aluminum products, and production and manufacturing of industrial gas. Its principal activity includes Brokerage and Investment, Educational and Training, and the majority of its revenue is derived from Educational and Training. Its group operates in two principal geographical areas the Sultanate of Oman and the United Arab Emirates out of which the Sultanate of Oman contributes the majority of total revenue.

Global Financial Investments HoldingOG Headlines

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