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Goldlink Insurance (NSA:GOLDINSURE) 14-Day RSI : N/A (As of Jun. 02, 2024)


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What is Goldlink Insurance 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 (2024-06-02), Goldlink Insurance's 14-Day RSI is N/A.

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

NSA:GOLDINSURE's 14-Day RSI is not ranked *
in the Insurance industry.
Industry Median: 48.675
* Ranked among companies with meaningful 14-Day RSI only.

Competitive Comparison of Goldlink Insurance's 14-Day RSI

For the Insurance - Diversified subindustry, Goldlink Insurance'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.


Goldlink Insurance's 14-Day RSI Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Goldlink Insurance's 14-Day RSI distribution charts can be found below:

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



Goldlink Insurance  (NSA:GOLDINSURE) 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.


Goldlink Insurance  (NSA:GOLDINSURE) 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.


Goldlink Insurance 14-Day RSI Related Terms

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Goldlink Insurance (NSA:GOLDINSURE) Business Description

Traded in Other Exchanges
N/A
Address
6, Emmanuel Street, Goldlink Plaza, P.O.BOX 5987, Maryland, Marina, Lagos, NGA
Goldlink Insurance PLC is engaged in life and general businesses which includes fire and special perils, motor insurance, life & pension, oil & gas, travel insurance and many others. The company product list includes compulsory insurance, engineering policies, general accident, group life insurance, individual life insurance, liability policies, marine & aviation, motor insurance, oil & gas, re-insurance and school safety.

Goldlink Insurance (NSA:GOLDINSURE) Headlines

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