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Luxxfolio Holdings (XCNQ:LUXX) 9-Day RSI : 49.53 (As of Dec. 15, 2024)


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What is Luxxfolio Holdings 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), Luxxfolio Holdings's 9-Day RSI is 49.53.

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

XCNQ:LUXX's 9-Day RSI is ranked better than
55.81% of 835 companies
in the Capital Markets industry
Industry Median: 51.3 vs XCNQ:LUXX: 49.53

Competitive Comparison of Luxxfolio Holdings's 9-Day RSI

For the Capital Markets subindustry, Luxxfolio Holdings'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.


Luxxfolio Holdings's 9-Day RSI Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Luxxfolio Holdings's 9-Day RSI distribution charts can be found below:

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



Luxxfolio Holdings  (XCNQ:LUXX) 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.


Luxxfolio Holdings  (XCNQ:LUXX) 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.


Luxxfolio Holdings 9-Day RSI Related Terms

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Luxxfolio Holdings Business Description

Traded in Other Exchanges
Address
417 - 1080 Mainland Street, Vancouver, BC, CAN, V6B 2T4
Luxxfolio Holdings Inc is a vertically-integrated digital asset company based in Canada. It is a digital infrastructure provider for bitcoin mining and data hosting operations. It earns revenue in the form of Cryptocurrency mining and also generates a substantial part of its revenue from hosting third party miners in the form of fixed monthly charges as well as variable charges based on power consumed. Geographically, it is present in Canada and USA, with a majority of its revenue being derived from its operations in USA.
Executives
Bigg Digital Assets Inc 10% Security Holder
Mark Binns Director or Senior Officer of 10% Security Holder
David Anthony Wong Senior Officer
Robert Sim 10% Security Holder
Geoffrey Keith Mccord Senior Officer
Kelly Klatik Director

Luxxfolio Holdings Headlines