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IGM Financial (TSX:IGM.PR.B.PFD) 14-Day RSI : N/A (As of Dec. 14, 2024)


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What is IGM Financial 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), IGM Financial's 14-Day RSI is N/A.

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

TSX:IGM.PR.B.PFD's 14-Day RSI is not ranked *
in the Asset Management industry.
Industry Median: 49.22
* Ranked among companies with meaningful 14-Day RSI only.

Competitive Comparison of IGM Financial's 14-Day RSI

For the Asset Management subindustry, IGM Financial'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.


IGM Financial's 14-Day RSI Distribution in the Asset Management Industry

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

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



IGM Financial  (TSX:IGM.PR.B.PFD) 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.


IGM Financial  (TSX:IGM.PR.B.PFD) 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.


IGM Financial 14-Day RSI Related Terms

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IGM Financial Business Description

Traded in Other Exchanges
Address
447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which holds a 62% equity stake in IGM Financial as well as stakes in Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its IG Wealth Management subsidiary)—that provide investment management products and services. At the end of October 2024, IGM Financial had CAD 249.1 billion in AUM (including CAD 83.1 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 120.9 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 15.6 billion in other AUA.

IGM Financial Headlines

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