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 (2024-04-30), Legacy EJY's 14-Day RSI is N/A.
The industry rank for Legacy EJY's 14-Day RSI or its related term are showing as below:
ENJYQ's 14-Day RSI is not ranked *
in the Retail - Cyclical industry.
Industry Median: 47.885 * Ranked among companies with meaningful 14-Day RSI only.
Competitive Comparison of Legacy EJY's 14-Day RSI
For the Specialty Retail subindustry, Legacy EJY'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.
Legacy EJY's 14-Day RSI Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Legacy EJY's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Legacy EJY's 14-Day RSI falls into.
Legacy EJY (OTCPK:ENJYQ) 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.
Legacy EJY (OTCPK:ENJYQ) 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.
Legacy EJY 14-Day RSI Related Terms
Thank you for viewing the detailed overview of Legacy EJY's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Legacy EJY Inc, formerly Enjoy Technology Inc is a technology-powered platform reinventing Commerce at Home to bring the best of the store directly to the customer. It has formed multi-year commercial relationships with some of the leading consumer brands to bring the products, services, and subscriptions to the door directly in the comfort and convenience of homes. The company has pioneered a new retail experience which can do everything a traditional retail experience offers through its Mobile Stores. The company's geographical segment includes North America and Europe. It derives a majority of revenue from North America. The North America segment consists of operations within the United States and Canada.
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