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Edgewater Wireless Systems (TSXV:YFI) 14-Day RSI : 34.84 (As of Apr. 30, 2024)


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What is Edgewater Wireless Systems 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 (2024-04-30), Edgewater Wireless Systems's 14-Day RSI is 34.84.

The industry rank for Edgewater Wireless Systems's 14-Day RSI or its related term are showing as below:

TSXV:YFI's 14-Day RSI is ranked better than
73.06% of 2520 companies
in the Hardware industry
Industry Median: 50.175 vs TSXV:YFI: 34.84

Competitive Comparison of Edgewater Wireless Systems's 14-Day RSI

For the Communication Equipment subindustry, Edgewater Wireless Systems'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.


Edgewater Wireless Systems's 14-Day RSI Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Edgewater Wireless Systems's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Edgewater Wireless Systems's 14-Day RSI falls into.



Edgewater Wireless Systems  (TSXV:YFI) 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.


Edgewater Wireless Systems  (TSXV:YFI) 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.


Edgewater Wireless Systems 14-Day RSI Related Terms

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Edgewater Wireless Systems (TSXV:YFI) Business Description

Traded in Other Exchanges
Address
11 Hines Road, Suite 202, Kanata, ON, CAN, K2K 2X1
Edgewater Wireless Systems Inc is engaged in developing and commercializing edge technologies and intellectual property for the communications market. The company is into Spectrum Slicing technology for residential and commercial markets. It develops Wi-Fi silicon solutions, Access Points, and IP licensing designed to meet the high-density and Edgewater wireless partners. The company derives all of its revenues from a single product segment wireless access points and associated peripheral equipment and services.

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