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 (2024-05-14), Cvent's 14-Day RSI is N/A.
The industry rank for Cvent's 14-Day RSI or its related term are showing as below:
CVT's 14-Day RSI is not ranked *
in the Software industry.
Industry Median: 47.79 * Ranked among companies with meaningful 14-Day RSI only.
Competitive Comparison of Cvent's 14-Day RSI
For the Software - Application subindustry, Cvent'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.
Cvent's 14-Day RSI Distribution in the Software Industry
For the Software industry and Technology sector, Cvent's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Cvent's 14-Day RSI falls into.
Cvent (NYSE:CVT) 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.
Cvent (NYSE:CVT) 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.
Cvent 14-Day RSI Related Terms
Thank you for viewing the detailed overview of Cvent's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Cvent Inc was incorporated on August 20, 1999 in the State of Delaware. The Company is a cloud-based enterprise event management company. It provides end-to-end cloud solutions for both sides of the corporate events and meetings ecosystem - event and meeting planners, through its Event Cloud, and hoteliers and venues, through its Hospitality Cloud. Its integrated, Event Cloud solutions addresses the entire event life cycle by allowing event and meeting planners to automate and streamline the process of planning, organizing and executing successful events for organizations of all sizes and industries. Its Hospitality Cloud provides hoteliers and venues with a complete suite of solutions to create, manage and measure their demand for group meetings. For the event and meeting planner side of the ecosystem, which includes corporations, associations, not-for-profits, government agencies and universities, events and meetings are an integral way to build and strengthen relationships with customers, prospects, employees and partners. Enterprise events and meetings include external events, such as conferences, tradeshows, and customer summits, as well as internal functions, such as sales meetings, training seminars and team-building events. For the hoteliers and venues side of the ecosystem, group events and meetings are a vital source of revenue and profit. The Cvent Hospitality Cloud was created to provide cloud-based solutions across the hotel group sales lifecycle. The Hospitality Cloud consists of marketing solutions and software-as-a-service (SaaS) software enabling hoteliers, convention and visitor bureaus (CVBs), and other event venue owners to more effectively generate qualified demand for meetings and events, manage that demand more efficiently, and measure group business performance. The Company offers planners a robust platform that addresses the entire life cycle of events and meetings, including budgeting, planning, venue sourcing, marketing, management and measurement of meetings. It offers six principal product categories on two integrated clouds, the Event Cloud and the Hospitality Cloud. The Event Cloud includes the five product categories - event and conference management software, enterprise solutions software, mobile event apps, pre- and post-event feedback management software, and onsite event solutions. The Hospitality Cloud includes three product categories - group marketing solutions, group demand management, and group business intelligence for hotels and venues. Event Cloud consists of Event Management; Enterprise Solutions; Mobile Event Applications; Feedback Solutions; Onsite Event & Conference Solutions; and Event Cloud Customers. Hospitality Cloud consists of Group Marketing Solutions; Group Demand Management; Group Business Intelligence; and Hospitality Cloud Customers. The Company's competitors are existing manual, paper and spreadsheet-based systems; event, meeting management and hospitality solution firms
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