GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Deutz AG (MIL:1DEZ) » Definitions » 5-Day RSI

Deutz AG (MIL:1DEZ) 5-Day RSI : 62.53 (As of Dec. 11, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Deutz 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 (2024-12-11), Deutz AG's 5-Day RSI is 62.53.

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

MIL:1DEZ's 5-Day RSI is ranked worse than
90.4% of 3095 companies
in the Industrial Products industry
Industry Median: 51.9 vs MIL:1DEZ: 62.53

Competitive Comparison of Deutz AG's 5-Day RSI

For the Specialty Industrial Machinery subindustry, Deutz 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.


Deutz AG's 5-Day RSI Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Deutz AG's 5-Day RSI distribution charts can be found below:

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



Deutz AG  (MIL:1DEZ) 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.


Deutz AG  (MIL:1DEZ) 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.


Deutz AG 5-Day RSI Related Terms

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


Deutz AG Business Description

Address
Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149
Deutz AG is engaged in the development, production, and sales of drive solutions for off-road applications. The current portfolio of the company ranges from diesel and gas to hybrid and electric to hydrogen-based drives. DEUTZ engines serve construction and agricultural machinery, material handling applications such as forklifts or lifting platforms, commercial and rail vehicles as well as boat applications for private and commercial use. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the EMEA.

Deutz AG Headlines

No Headlines