GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (OTCPK:VNWTF) » Definitions » 5-Day RSI

VNWTF (Vecima Networks) 5-Day RSI : 0.41 (As of Mar. 21, 2025)


View and export this data going back to 2010. Start your Free Trial

What is Vecima Networks 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 (2025-03-21), Vecima Networks's 5-Day RSI is 0.41.

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

VNWTF's 5-Day RSI is ranked better than
79.08% of 2495 companies
in the Hardware industry
Industry Median: 49.41 vs VNWTF: 0.41

Competitive Comparison of Vecima Networks's 5-Day RSI

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's 5-Day RSI Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's 5-Day RSI distribution charts can be found below:

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



Vecima Networks  (OTCPK:VNWTF) 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.


Vecima Networks  (OTCPK:VNWTF) 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.


Vecima Networks 5-Day RSI Related Terms

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


Vecima Networks Business Description

Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc is engaged in Video and Broadband Solutions business designs, manufactures and sells products for the cable industry. The Company's Content Delivery and Storage business includes solutions and software for industries and customers that focus on storing, protecting, transforming, and delivering high-value media assets. The Company's Telematics business provides fleet managers key information and analytics require to optimally manage business.