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 (2024-05-24), Xyratex,'s 9-Day RSI is N/A.
The industry rank for Xyratex,'s 9-Day RSI or its related term are showing as below:
FRA:OEY's 9-Day RSI is not ranked *
in the Hardware industry.
Industry Median: 49.6 * Ranked among companies with meaningful 9-Day RSI only.
Competitive Comparison of Xyratex,'s 9-Day RSI
For the Computer Hardware subindustry, Xyratex,'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.
Xyratex,'s 9-Day RSI Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Xyratex,'s 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Xyratex,'s 9-Day RSI falls into.
Xyratex, (FRA:OEY) 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.
Xyratex, (FRA:OEY) 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.
Xyratex, 9-Day RSI Related Terms
Thank you for viewing the detailed overview of Xyratex,'s 9-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Xyratex, Ltd. is incorporated in Bermuda. It is the parent company of the Xyratex Group.It directly wholly-owns all the significant subsidiaries in the group with the exception of Xyratex International Inc., which it owns indirectly. It is a provider of modular enterprise-class data storage solutions and storage process technology. It designs, develops and manufactures enabling technology that provides its customers with data storage products to support high-performance storage and data communication networks. It operates in two business segments: Networked Storage Solutions (NSS) and Storage Infrastructure (SI). The company's NSS products provide modular, highly scalable, high-speed, high-density, reliable, and flexible data storage. The company's hard disk drive (HDD) based storage subsystems support a range of high-speed communication technologies to demanding cost and performance specifications. The company's modular subsystem architecture allows it to support many segments within the networked storage market by enabling different specifications of storage subsystem designs to be created from a standard set of interlocking technology modules. The company's SI product portfolio includes process and test equipment utilized in disk drive head fabrication, disk drive substrate and media manufacturing and disk drive final assembly and test. The Company has research and development, manufacturing, sales and customer support operations at its major locations in the United States, Asia and Europe. In addition, it has research and development activities located in India and it provides local support to major customer locations in Asia. Its OneStorTM family of products, first announced in November 2007, complies with the latest industry standard SBB Version 2 specification and incorporates dynamic cooling, high efficiency power, and modularity, allowing it and its OEM customers to create a range of storage solutions with maximum re-use of design and components. Its application storage systems integrate EATX or SBB motherboards inside a storage enclosure integrated with the necessary device drivers, BIOS, and server and enclosure management software modules to fulfill many different storage application requirements. The Company designs and manufactures large and fully automated process test systems that incorporate mechanical and electronic hardware and firmware for controlling the HDD operating environment during final qualification and testing. It designs and manufactures complete servo track writers and their key subassemblies using a modular approach. Its range of precision media cleaning systems represents the latest in cleaning technology and performance for the HDD industry. These systems can be customized to various media process requirements by integrating specific IP blocks developed by Xyratex. Its Head and Media Test Systems can be used in all areas of the HDD industry from research to high volume component testing. Its auto
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