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Dispensa Group (FRA:K7L) 9-Day RSI : 26.66 (As of Oct. 31, 2024)


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What is Dispensa Group 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 (2024-10-31), Dispensa Group's 9-Day RSI is 26.66.

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

FRA:K7L's 9-Day RSI is not ranked
in the Retail - Cyclical industry.
Industry Median: 46.09 vs FRA:K7L: 26.66

Competitive Comparison of Dispensa Group's 9-Day RSI

For the Internet Retail subindustry, Dispensa Group'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.


Dispensa Group's 9-Day RSI Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dispensa Group's 9-Day RSI distribution charts can be found below:

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



Dispensa Group  (FRA:K7L) 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.


Dispensa Group  (FRA:K7L) 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.


Dispensa Group 9-Day RSI Related Terms

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Dispensa Group Business Description

Traded in Other Exchanges
N/A
Address
27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Dispensa Group Plc Formerly Zamaz PLC is a technology-driven e-commerce business that originates, acquires, licenses operate, and scales small and medium-sized brands with category-winning products on global marketplaces. engages in creating, developing, and producing brands that deliver the needs of customers through sustainable channels using retail tech. It operates cloud-based, third-party software solutions for inventory forecasting, warehouse management, supply chain logistics, and digital marketing performance. The company has two segments, Zamaz which generates key revenue, and Bella Dispensa. Geographically, company operates in the United Kingdom which generates a majority of the revenue and includes Germany, France, Italy, Spain, and others.

Dispensa Group Headlines

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