GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Certive Solutions Inc (XCNQ:CBP) » Definitions » 14-Day RSI

Certive Solutions (XCNQ:CBP) 14-Day RSI : 14.93 (As of Dec. 12, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Certive Solutions 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 (2024-12-12), Certive Solutions's 14-Day RSI is 14.93.

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

XCNQ:CBP's 14-Day RSI is ranked better than
94.77% of 708 companies
in the Healthcare Providers & Services industry
Industry Median: 49.83 vs XCNQ:CBP: 14.93

Competitive Comparison of Certive Solutions's 14-Day RSI

For the Health Information Services subindustry, Certive Solutions'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.


Certive Solutions's 14-Day RSI Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's 14-Day RSI distribution charts can be found below:

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



Certive Solutions  (XCNQ:CBP) 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.


Certive Solutions  (XCNQ:CBP) 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.


Certive Solutions 14-Day RSI Related Terms

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


Certive Solutions Business Description

Traded in Other Exchanges
Address
8149 North 87th Place, Scottsdale, AZ, USA, 85258
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients' net operating results.
Executives
Scott Thomas Director
Timothy John Hyland Director, Senior Officer
Thomas Marreel Director
Jeff Wareham Director

Certive Solutions Headlines

No Headlines