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Guaranty Trust Holding Co (NSA:GTCO) 14-Day RSI : 48.54 (As of Dec. 15, 2024)


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What is Guaranty Trust Holding Co 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), Guaranty Trust Holding Co's 14-Day RSI is 48.54.

The industry rank for Guaranty Trust Holding Co's 14-Day RSI or its related term are showing as below:

NSA:GTCO's 14-Day RSI is ranked better than
65.34% of 1636 companies
in the Banks industry
Industry Median: 52.52 vs NSA:GTCO: 48.54

Competitive Comparison of Guaranty Trust Holding Co's 14-Day RSI

For the Banks - Diversified subindustry, Guaranty Trust Holding Co'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.


Guaranty Trust Holding Co's 14-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guaranty Trust Holding Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Guaranty Trust Holding Co's 14-Day RSI falls into.



Guaranty Trust Holding Co  (NSA:GTCO) 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.


Guaranty Trust Holding Co  (NSA:GTCO) 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.


Guaranty Trust Holding Co 14-Day RSI Related Terms

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Guaranty Trust Holding Co Business Description

Comparable Companies
Traded in Other Exchanges
Address
Plot 635, Akin Adesola Street, Victoria Island, Lagos, NGA
Guaranty Trust Holding Co PLC is a multinational financial institution that provides individuals, businesses, private and public institutions across Africa and the United Kingdom with a broad range of market key financial products and services. The company has six reportable segments as follows are Corporate banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Commercial banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Business banking Which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Retail banking which Incorporates private banking services, private customer current accounts, savings deposits, SME banking and Public sector.

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