GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Life Holding AG (OTCPK:SWSDF) » Definitions » 5-Day RSI

SWSDF (Swiss Life Holding AG) 5-Day RSI : 6.76 (As of Dec. 11, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Swiss Life Holding 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), Swiss Life Holding AG's 5-Day RSI is 6.76.

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

SWSDF's 5-Day RSI is ranked better than
85.28% of 564 companies
in the Insurance industry
Industry Median: 47.04 vs SWSDF: 6.76

Competitive Comparison of Swiss Life Holding AG's 5-Day RSI

For the Insurance - Diversified subindustry, Swiss Life Holding 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.


Swiss Life Holding AG's 5-Day RSI Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Swiss Life Holding AG's 5-Day RSI distribution charts can be found below:

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



Swiss Life Holding AG  (OTCPK:SWSDF) 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.


Swiss Life Holding AG  (OTCPK:SWSDF) 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.


Swiss Life Holding AG 5-Day RSI Related Terms

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


Swiss Life Holding AG Business Description

Address
General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022
Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in significance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and financial advisory. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.

Swiss Life Holding AG Headlines

From GuruFocus

Q3 2019 Swiss Life Holding AG Earnings Call Transcript

By GuruFocus Research 02-15-2024

Swiss Life Holding AG Call on IFRS 17 Call Transcript

By GuruFocus Research 02-15-2024

Q1 2022 Swiss Life Holding AG Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2020 Swiss Life Holding AG Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2021 Swiss Life Holding AG Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q3 2020 Swiss Life Holding AG Earnings Call Transcript

By GuruFocus Research 02-15-2024