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Substrate Artificial Inteligence (AQSE:SAI.B) 9-Day RSI : 99.90 (As of Jun. 19, 2024)


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What is Substrate Artificial Inteligence 9-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. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-06-19), Substrate Artificial Inteligence's 9-Day RSI is 99.90.

The industry rank for Substrate Artificial Inteligence's 9-Day RSI or its related term are showing as below:

AQSE:SAI.B's 9-Day RSI is ranked worse than
56.49% of 2912 companies
in the Software industry
Industry Median: 47.455 vs AQSE:SAI.B: 99.90

Competitive Comparison of Substrate Artificial Inteligence's 9-Day RSI

For the Software - Infrastructure subindustry, Substrate Artificial Inteligence's 9-Day RSI, along with its competitors' market caps and 9-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.


Substrate Artificial Inteligence's 9-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, Substrate Artificial Inteligence's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Substrate Artificial Inteligence's 9-Day RSI falls into.



Substrate Artificial Inteligence  (AQSE:SAI.B) 9-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.


Substrate Artificial Inteligence  (AQSE:SAI.B) 9-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. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Substrate Artificial Inteligence 9-Day RSI Related Terms

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Substrate Artificial Inteligence (AQSE:SAI.B) Business Description

Traded in Other Exchanges
Address
C/ Maria de Molina, 41, Office 506, Madrid, ESP, 28006
Substrate Artificial Inteligence SA is an Artificial Intelligence company in Spain. Its software is applied in agritech, energy, industry, fintech, human resources, or health sectors. Its technology is easy to implement and allows it to address all the problems faced by companies in the digitization and streamlining of their processes, optimizing decision-making and generating great cost savings.

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