KSPI (Kaspi.kz JSC) 9-Day RSI : 40.76 (As of Dec. 14, 2024)

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What is Kaspi.kz JSC 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 (2024-12-14), Kaspi.kz JSC's 9-Day RSI is 40.76.

The industry rank for Kaspi.kz JSC's 9-Day RSI or its related term are showing as below:

KSPI's 9-Day RSI is ranked worse than
77.59% of 2910 companies
in the Software industry
Industry Median: 50.575 vs KSPI: 40.76

Competitive Comparison of Kaspi.kz JSC's 9-Day RSI

For the Software - Infrastructure subindustry, Kaspi.kz JSC'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.

Kaspi.kz JSC's 9-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, Kaspi.kz JSC's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Kaspi.kz JSC's 9-Day RSI falls into.

Kaspi.kz JSC (NAS:KSPI) 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.

Kaspi.kz JSC (NAS:KSPI) 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.

Kaspi.kz JSC 9-Day RSI Related Terms

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Kaspi.kz JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kaspi.kz JSC (NAS:KSPI) » Definitions » 9-Day RSI

Comparable Companies

Traded in Other Exchanges

KSPID:Kazakhstan KSPI:Kazakhstan KKS:Germany

Address

154A Nauryzbai Batyr Street, Almaty, KAZ, 050013

Website

https://www.kaspi.kz

Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop, and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform that connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.