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Hero Innovation Group (XCNQ:HRO) 14-Day RSI : 0.04 (As of Dec. 15, 2024)


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What is Hero Innovation Group 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 (2024-12-15), Hero Innovation Group's 14-Day RSI is 0.04.

The industry rank for Hero Innovation Group's 14-Day RSI or its related term are showing as below:

XCNQ:HRO's 14-Day RSI is not ranked
in the Software industry.
Industry Median: 50.88 vs XCNQ:HRO: 0.04

Competitive Comparison of Hero Innovation Group's 14-Day RSI

For the Software - Infrastructure subindustry, Hero Innovation Group'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.


Hero Innovation Group's 14-Day RSI Distribution in the Software Industry

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

* The bar in red indicates where Hero Innovation Group's 14-Day RSI falls into.



Hero Innovation Group  (XCNQ:HRO) 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.


Hero Innovation Group  (XCNQ:HRO) 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.


Hero Innovation Group 14-Day RSI Related Terms

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Hero Innovation Group Business Description

Traded in Other Exchanges
N/A
Address
422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Hero Innovation Group Inc is a financial technology company. The company delivers financial solutions for the next generation of consumers whose parents demand safety, security, and peace of mind while promoting financial literacy for the future. The company's products include Hero financials and SideKick Card.

Hero Innovation Group Headlines

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