GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rank Group (The) PLC (LSE:RNK) » Definitions » 14-Day RSI

Rank Group (The) (LSE:RNK) 14-Day RSI

: 53.52 (As of Today)
View and export this data going back to 1996. 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 (2024-04-18), Rank Group (The)'s 14-Day RSI is 53.52.

The industry rank for Rank Group (The)'s 14-Day RSI or its related term are showing as below:

LSE:RNK's 14-Day RSI is ranked worse than
66.92% of 910 companies
in the Travel & Leisure industry
Industry Median: 44.395 vs LSE:RNK: 53.52

Competitive Comparison

For the Gambling subindustry, Rank Group (The)'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.


Rank Group (The) 14-Day RSI Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Rank Group (The)'s 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Rank Group (The)'s 14-Day RSI falls into.



Rank Group (The)  (LSE:RNK) 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.


Rank Group (The)  (LSE:RNK) 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.


Rank Group (The) 14-Day RSI Related Terms

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


Rank Group (The) (LSE:RNK) Business Description

Traded in Other Exchanges
Address
TOR, Saint-Cloud Way, Maidenhead, GBR, SL6 8BN
Rank Group (The) PLC is a gambling company with five primary business segments: Grosvenor Venues, Mecca Venues, Digital, Enracha Venues, and Central Costs. Its largest revenue producer is Grosvenor Casinos, a multichannel casino operator in the United Kingdom, which operates a variety of casino and slot machine games. Mecca is a multichannel bingo chain that also operates in the U.K. Enracha is the company's gaming business, which operates in the Spanish market. Rank's digital business segment offers online sports betting and online poker. The company generates most of its revenue in the United Kingdom.

Rank Group (The) (LSE:RNK) Headlines

No Headlines