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GBS Software AG (XTER:INW) 14-Day RSI : 59.63 (As of Dec. 15, 2024)


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What is GBS Software AG 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), GBS Software AG's 14-Day RSI is 59.63.

The industry rank for GBS Software AG's 14-Day RSI or its related term are showing as below:

XTER:INW's 14-Day RSI is ranked worse than
76.56% of 2910 companies
in the Software industry
Industry Median: 50.88 vs XTER:INW: 59.63

Competitive Comparison of GBS Software AG's 14-Day RSI

For the Software - Infrastructure subindustry, GBS Software AG'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.


GBS Software AG's 14-Day RSI Distribution in the Software Industry

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

* The bar in red indicates where GBS Software AG's 14-Day RSI falls into.



GBS Software AG  (XTER:INW) 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.


GBS Software AG  (XTER:INW) 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.


GBS Software AG 14-Day RSI Related Terms

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GBS Software AG Business Description

Traded in Other Exchanges
Address
Friedrich Ebert Anlage 49, Frankfurt, DEU, 60308
GBS Software AG provides solutions and services in the fields of messaging security and workflow for the IBM and Microsoft collaboration platforms. It acts as a providers of email security and workflow management solutions. The company operates in Europe, North America, and Asia. It provides retirement management solutions as well. The group provides the following services: Domino Administration, XPages migration, Mobility, Consulting, and Training and mentoring.

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