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WAVS (Western Acquisition Ventures) 9-Day RSI : 52.32 (As of Dec. 15, 2024)


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What is Western Acquisition Ventures 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 (2024-12-15), Western Acquisition Ventures's 9-Day RSI is 52.32.

The industry rank for Western Acquisition Ventures's 9-Day RSI or its related term are showing as below:

WAVS's 9-Day RSI is ranked worse than
54.87% of 596 companies
in the Diversified Financial Services industry
Industry Median: 49.61 vs WAVS: 52.32

Competitive Comparison of Western Acquisition Ventures's 9-Day RSI

For the Shell Companies subindustry, Western Acquisition Ventures'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.


Western Acquisition Ventures's 9-Day RSI Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Western Acquisition Ventures's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Western Acquisition Ventures's 9-Day RSI falls into.



Western Acquisition Ventures  (NAS:WAVS) 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.


Western Acquisition Ventures  (NAS:WAVS) 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.


Western Acquisition Ventures 9-Day RSI Related Terms

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Western Acquisition Ventures Business Description

Traded in Other Exchanges
N/A
Address
42 Broadway, 12th Floor, New York, NY, USA, 10004
Western Acquisition Ventures Corp is a blank check company.
Executives
Robin L Smith director C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Adam K Stern director STERN AEGIS VENTURES, 810 7TH AVENUE 22ND FLOOR, NEW YORK NY 10019
Stephen Christoffersen director, officer: Chief Executive Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
William F Lischak director, 10 percent owner, other: Chief Financial Officer 8800 SUNSET BLVD, 3RD FL, LOS ANGELES CA 90069
Western Acquisition Ventures Sponsor Llc 10 percent owner 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ali Jahangiri director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ade Okunubi director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004

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