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LGI Homes (LGI Homes) 14-Day RSI

: 33.07 (As of Today)
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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 (2024-04-23), LGI Homes's 14-Day RSI is 33.07.

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

LGIH's 14-Day RSI is ranked better than
90.35% of 114 companies
in the Homebuilding & Construction industry
Industry Median: 45.58 vs LGIH: 33.07

Competitive Comparison

For the Residential Construction subindustry, LGI Homes'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.


LGI Homes 14-Day RSI Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's 14-Day RSI distribution charts can be found below:

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



LGI Homes  (NAS:LGIH) 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.


LGI Homes  (NAS:LGIH) 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.


LGI Homes 14-Day RSI Related Terms

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


LGI Homes (LGI Homes) Business Description

Traded in Other Exchanges
Address
1450 Lake Robbins Drive, Suite 430, The Woodlands, TX, USA, 77380
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.
Executives
Steven Randal Smith director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Michael Larry Snider officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Eric Thomas Lipar director, 10 percent owner, officer: Chief Executive Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Scott James Garber officer: General Counsel and Secretary 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX 77380
Ryan Edone director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS X1 77380
Maria Renna Sharpe director 11 EDWARDS COURT, MT. KISCO NY 10549
Charles Michael Merdian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Rachel Lyons Eaton officer: Chief Marketing Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Jack Anthony Lipar officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Shailee Parikh director 27 N. ABERDEEN ST., UNIT 4S, CHICAGO IL 60607
Duncan S Gage director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Robert Karnig Vahradian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Bryan Christopher Sansbury director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Margaret Mary Britton officer: Chief Administrative Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380