GURUFOCUS.COM » STOCK LIST » Technology » Software » Bechtle AG (OTCPK:BECTY) » Definitions » 5-Day RSI

BECTY (Bechtle AG) 5-Day RSI : 0.19 (As of Dec. 13, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Bechtle AG 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-12-13), Bechtle AG's 5-Day RSI is 0.19.

The industry rank for Bechtle AG's 5-Day RSI or its related term are showing as below:

BECTY's 5-Day RSI is ranked better than
86.41% of 2899 companies
in the Software industry
Industry Median: 51.49 vs BECTY: 0.19

Competitive Comparison of Bechtle AG's 5-Day RSI

For the Information Technology Services subindustry, Bechtle AG's 5-Day RSI, along with its competitors' market caps and 5-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.


Bechtle AG's 5-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, Bechtle AG's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Bechtle AG's 5-Day RSI falls into.



Bechtle AG  (OTCPK:BECTY) 5-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.


Bechtle AG  (OTCPK:BECTY) 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Bechtle AG 5-Day RSI Related Terms

Thank you for viewing the detailed overview of Bechtle AG's 5-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Bechtle AG Business Description

Traded in Other Exchanges
Address
Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.

Bechtle AG Headlines

From GuruFocus

Q2 2024 Bechtle AG Earnings Call Transcript

By GuruFocus Research 08-12-2024

Q4 2021 Bechtle AG Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q1 2022 Bechtle AG Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q2 2023 Bechtle AG Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q3 2022 Bechtle AG Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q3 2023 Bechtle AG Earnings Call Transcript

By GuruFocus Research 02-12-2024

Full Year 2022 Bechtle AG Earnings Call Transcript

By GuruFocus Research 02-12-2024

Bechtle AG's Dividend Analysis

By GuruFocus Research 06-13-2024