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Access Hldgs (NSA:ACCESSCORP) 9-Day RSI : 40.67 (As of May. 05, 2024)


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What is Access Hldgs 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 (2024-05-05), Access Hldgs's 9-Day RSI is 40.67.

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

NSA:ACCESSCORP's 9-Day RSI is ranked better than
78.07% of 1582 companies
in the Banks industry
Industry Median: 54.015 vs NSA:ACCESSCORP: 40.67

Competitive Comparison of Access Hldgs's 9-Day RSI

For the Banks - Regional subindustry, Access Hldgs'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.


Access Hldgs's 9-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Access Hldgs's 9-Day RSI distribution charts can be found below:

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



Access Hldgs  (NSA:ACCESSCORP) 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.


Access Hldgs  (NSA:ACCESSCORP) 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.


Access Hldgs 9-Day RSI Related Terms

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Access Hldgs (NSA:ACCESSCORP) Business Description

Traded in Other Exchanges
N/A
Address
Prince Alaba Abiodun, Oniru Street, 14th Floor, Plot 14/15, Access Towers, Oniru Estate, Victoria Island, Lagos, NGA
Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.

Access Hldgs (NSA:ACCESSCORP) Headlines

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