Immorente Invest (CAS:IMO) 14-Day RSI

: 48.57 (As of Today)

View and export this data going back to 2018. Start your Free Trial

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.

As of today (2024-04-24), Immorente Invest's 14-Day RSI is 48.57.

The industry rank for Immorente Invest's 14-Day RSI or its related term are showing as below:

CAS:IMO's 14-Day RSI is ranked worse than
56.42% of 1939 companies
in the Real Estate industry
Industry Median: 46.62 vs CAS:IMO: 48.57

Competitive Comparison

For the Real Estate Services subindustry, Immorente Invest's 14-Day RSI, along with its competitors' market caps and 14-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.

Immorente Invest 14-Day RSI Distribution

For the Real Estate industry and Real Estate sector, Immorente Invest's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Immorente Invest's 14-Day RSI falls into.

Immorente Invest (CAS:IMO) 14-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.

Immorente Invest (CAS:IMO) 14-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.

Immorente Invest 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Immorente Invest's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.

Immorente Invest (CAS:IMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Immorente Invest SA (CAS:IMO) » Definitions » 14-Day RSI

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7, rue Ibnou Toufail, Casablanca, MAR

Website

http://immorente.ma

Immorente Invest SA is an investment company whose purpose is to acquire or develop, directly or through subsidiaries or majority or minority interests, professional real estate assets intended for rental. The objective of the company is to offer its shareholders a recurring real estate yield from the rents received.