GURUFOCUS.COM » STOCK LIST » Technology » Software » Datamatics Global Services Ltd (BOM:532528) » Definitions » 5-Day RSI

Datamatics Global Services (BOM:532528) 5-Day RSI : 87.05 (As of Dec. 13, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Datamatics Global Services 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), Datamatics Global Services's 5-Day RSI is 87.05.

The industry rank for Datamatics Global Services's 5-Day RSI or its related term are showing as below:

BOM:532528's 5-Day RSI is ranked worse than
94.31% of 2899 companies
in the Software industry
Industry Median: 51.49 vs BOM:532528: 87.05

Competitive Comparison of Datamatics Global Services's 5-Day RSI

For the Information Technology Services subindustry, Datamatics Global Services'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.


Datamatics Global Services's 5-Day RSI Distribution in the Software Industry

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

* The bar in red indicates where Datamatics Global Services's 5-Day RSI falls into.



Datamatics Global Services  (BOM:532528) 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.


Datamatics Global Services  (BOM:532528) 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.


Datamatics Global Services 5-Day RSI Related Terms

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


Datamatics Global Services Business Description

Traded in Other Exchanges
Address
Street Number 17, Plot Number 58, Knowledge Centre, MIDC, Andheri (East), Mumbai, MH, IND, 400093
Datamatics Global Services Ltd is an Information technology(IT) company. The company operates in three segments: Digital Operations, Digital Experiences, and Digital Technologies. The company offers Robotic Process Automation, Artificial Intelligence, Machine Learning, Hyperautomation, cloud solutions, Internet of Things (IoT), Consulting, and other solutions. Some of its products include TruBot, TruCap+, iPM, Trade Finance, TruBI, and TruAI. The company offers its services to different industries such as Banking & Financial Services, Publishing, Healthcare, Insurance, Transportation, Retail & E-Commerce, and others. Its geographical segments include the United States, the UK and Europe, and the Rest of the World. The company generates the majority of its revenue from the USA.

Datamatics Global Services Headlines

No Headlines