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OLB (The OLB Group) 9-Day RSI : 50.57 (As of Dec. 11, 2024)


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What is The OLB 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 (2024-12-11), The OLB Group's 9-Day RSI is 50.57.

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

OLB's 9-Day RSI is ranked better than
53.41% of 2906 companies
in the Software industry
Industry Median: 51.765 vs OLB: 50.57

Competitive Comparison of The OLB Group's 9-Day RSI

For the Software - Infrastructure subindustry, The OLB 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.


The OLB Group's 9-Day RSI Distribution in the Software Industry

For the Software industry and Technology sector, The OLB Group's 9-Day RSI distribution charts can be found below:

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



The OLB Group  (NAS:OLB) 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.


The OLB Group  (NAS:OLB) 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.


The OLB Group 9-Day RSI Related Terms

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The OLB Group Business Description

Traded in Other Exchanges
N/A
Address
1120 Avenue of the Americas, 4th Floor, New York, NY, USA, 10036
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It focuses on a suite of products in the merchant services marketplace and seeks to provide integrated business solutions to merchants throughout the United States. Along with its subsidiaries, the company offers a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses, whether online or at a brick-and-mortar location, payment processing solutions, payment gateway, virtual terminal with proprietary business management tools, and crowdfunding solutions. The Company has two business segments; Fintech Services which generates key revenue, and the Bitcoin Mining business segment.
Executives
Patrick G Smith officer: Vice President 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Ronny Yakov director, 10 percent owner, officer: see remarks 1120 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John E Herzog 10 percent owner C/O HERZOG & CO., INC., 824 HARBOR ROAD, SOUTHPORT CT 06890
Ehud Ernst director 8 RAZIEL STREET, TEL AVIV L3 00000
Alina Dulimof director 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Amir Sternhell director SERTAINTY CORPORATION, 1420 DONALDSON PIKE A-20, NASHVILLE TN 37217
George Katsiaunis director 96 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Rachel Boulds Cpa, Pllc officer: Chief Financial Officer 6371 S. GLENOAKS STREET, MURRAY UT 84107