GURUFOCUS.COM » STOCK LIST » Technology » Software » Procore Technologies Inc (NYSE:PCOR) » Definitions » 14-Day RSI

PCOR (Procore Technologies) 14-Day RSI : 55.07 (As of Dec. 14, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Procore Technologies 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), Procore Technologies's 14-Day RSI is 55.07.

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

PCOR's 14-Day RSI is ranked worse than
64.23% of 2910 companies
in the Software industry
Industry Median: 50.88 vs PCOR: 55.07

Competitive Comparison of Procore Technologies's 14-Day RSI

For the Software - Application subindustry, Procore Technologies'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.


Procore Technologies's 14-Day RSI Distribution in the Software Industry

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

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



Procore Technologies  (NYSE:PCOR) 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.


Procore Technologies  (NYSE:PCOR) 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.


Procore Technologies 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Procore Technologies's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Procore Technologies Business Description

Traded in Other Exchanges
Address
6309 Carpinteria Avenue, Carpinteria, CA, USA, 93013
Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics. The software products are hosted on its cloud-based SaaS construction management platform. Subscriptions are sold for a fixed fee and revenue is recognized ratably over the term of the subscription.
Executives
Kathryn Bueker director C/O HUBSPOT, INC., 25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
Steven Scott Davis officer: President Product & Technology 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Benjamin C Singer officer: Chief Legal Officer; Secretary 5 CROSBY STREET, NEW YORK NY 10013
Howard Fu officer: CFO & Treasurer 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Courtemanche Craig F. Jr. director, officer: Chief Executive Officer, other: Chairman of the Board 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Fleming William Fred Jr officer: VP, Corporate Controller 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Griffith William J.g. director, 10 percent owner 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
O Connor Kevin J director C/O DOUBLECLICK INC., 111 EIGHTH AVENUE, NEW YORK NY 10011
Iconiq Strategic Partners Ii, L.p. 10 percent owner 50 BEALE ST., STE 2300, SAN FRANCISCO CA 94105
Joy Driscoll Durling officer: Chief Data Officer 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Nanci Caldwell director C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Paul Lyandres officer: Chief Financial Officer 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Dennis Lyandres officer: Chief Revenue Officer 6309 CARPINTERIA AVE, CARPINTERIA CA 93013