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Komercni Banka AS (STU:KONN) 14-Day RSI : 54.85 (As of Oct. 31, 2024)


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What is Komercni Banka AS 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 (2024-10-31), Komercni Banka AS's 14-Day RSI is 54.85.

The industry rank for Komercni Banka AS's 14-Day RSI or its related term are showing as below:

STU:KONN's 14-Day RSI is ranked worse than
78.23% of 1640 companies
in the Banks industry
Industry Median: 52.535 vs STU:KONN: 54.85

Competitive Comparison of Komercni Banka AS's 14-Day RSI

For the Banks - Regional subindustry, Komercni Banka AS'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.


Komercni Banka AS's 14-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Komercni Banka AS's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Komercni Banka AS's 14-Day RSI falls into.



Komercni Banka AS  (STU:KONN) 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.


Komercni Banka AS  (STU:KONN) 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.


Komercni Banka AS 14-Day RSI Related Terms

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Komercni Banka AS Business Description

Traded in Other Exchanges
Address
Na Prikope 33/969, P.O. BOX 839, Prague 1, CZE, 114 07
Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by specialized financial services provided by its subsidiaries. The bank operates mainly in the Czech Republic, as well as provides some services to corporate clients in Slovakia. The bank emphasizes long-term client relationships and creating solutions based on client feedback. The majority of the bank's net revenue is net interest income mainly from loans and advances to customers. The bank's loan portfolio is tilted toward the real estate, wholesale, and transportation industries, as well as public administration.

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