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EDUC (Educational Development) 9-Day RSI : 42.33 (As of Dec. 13, 2024)


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What is Educational Development 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 (2024-12-13), Educational Development's 9-Day RSI is 42.33.

The industry rank for Educational Development's 9-Day RSI or its related term are showing as below:

EDUC's 9-Day RSI is ranked better than
70.38% of 1087 companies
in the Media - Diversified industry
Industry Median: 51.25 vs EDUC: 42.33

Competitive Comparison of Educational Development's 9-Day RSI

For the Publishing subindustry, Educational Development'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.


Educational Development's 9-Day RSI Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Educational Development's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Educational Development's 9-Day RSI falls into.



Educational Development  (NAS:EDUC) 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.


Educational Development  (NAS:EDUC) 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.


Educational Development 9-Day RSI Related Terms

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Educational Development Business Description

Traded in Other Exchanges
N/A
Address
5402 South 122nd East Avenue, Tulsa, OK, USA, 74146
Educational Development Corp is the United States trade publisher of the line of educational children's books produced in the United Kingdom. Its business activity functions with two reportable segments: PaperPie and Publishing. The Publishing Division segment markets its products to retail accounts, which include books, school supplies, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and an internal telesales group.
Executives
O Keefe Daniel E officer: Chief Financial Officer 1221 E HOUSTON, BROKEN ARROW OK 74012
Heather N. Cobb officer: Chief Sales & Marketing Offcr 5402 S. 122ND ST. EAST AVE., TULSA OK 74137
Craig M White officer: VP, Operations 10302 E 55TH PL, TULSA OK 74146
Bradely Von Stoots director 5402 S. 122ND EAST AVE, TULSA OK 74146
Randall W White director, 10 percent owner, officer: President & CEO
Joshua J Peters director 5402 S. 122ND EAST AVE, TULSA OK 74146
Ronald T Mcdaniel officer: Vice President
Besty Richert director 5402 S. 122ND EAST AVE, TULSA OK 74146
Kara Gae Neal director 5402 S. 122ND EAST AVE, TULSA OK 74146
James F Lewis director
G Dean Cosgrove director
William C Fossett officer: Controller & Corporate Secreta
John A Clerico director 3132 S COLUMBIA CIRCLE, TULSA OK 74105
Robert D Berryhill director PO BOX 1120, BIXBY OK 74008
Kathy Slemp officer: Vice President