What is Home Federal Bancorp of louisiana 14-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.
As of today (2024-04-25), Home Federal Bancorp of louisiana's 14-Day RSI is 43.21.
The industry rank for Home Federal Bancorp of louisiana's 14-Day RSI or its related term are showing as below:
HFBL's 14-Day RSI is ranked better than 72.56% of 1585
companies
in the Banks industry
Industry Median: 50.5
vs HFBL: 43.21
Competitive Comparison of Home Federal Bancorp of louisiana's 14-Day RSI
For the Banks - Regional subindustry, Home Federal Bancorp of louisiana'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.
Home Federal Bancorp of louisiana's 14-Day RSI Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Home Federal Bancorp of louisiana's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Home Federal Bancorp of louisiana's 14-Day RSI falls into.
Home Federal Bancorp of louisiana (NAS:HFBL) 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.
Home Federal Bancorp of louisiana (NAS:HFBL) 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.
Home Federal Bancorp of louisiana 14-Day RSI Related Terms
Thank you for viewing the detailed overview of Home Federal Bancorp of louisiana's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Business Description
Home Federal Bancorp Inc of louisiana operates as a bank holding company. It is a federally chartered stock savings bank, which provides financial services to individuals, corporate entities, and other organizations. Its core activities consist of attracting deposits from the general public and using those funds to originate loans to the residential, commercial and multi-family segments. The company also invests securities held-to-maturity and securities available for sale.
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