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 (2024-04-26), Cloudera's 14-Day RSI is N/A.
The industry rank for Cloudera's 14-Day RSI or its related term are showing as below:
CLDR's 14-Day RSI is not ranked *
in the Software industry.
Industry Median: 45.18 * Ranked among companies with meaningful 14-Day RSI only.
Competitive Comparison of Cloudera's 14-Day RSI
For the Software - Application subindustry, Cloudera'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.
Cloudera's 14-Day RSI Distribution in the Software Industry
For the Software industry and Technology sector, Cloudera's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Cloudera's 14-Day RSI falls into.
Cloudera (NYSE:CLDR) 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.
Cloudera (NYSE:CLDR) 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.
Cloudera 14-Day RSI Related Terms
Thank you for viewing the detailed overview of Cloudera's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Cloudera Inc is an enterprise data cloud company. It sells software subscriptions and public cloud services for the Cloudera Data Platform (CDP) solution-set and software subscriptions for its traditional on-premises data platforms. Subscriptions include software access rights and technical support. It also provides professional services for the implementation and use of software subscriptions, machine learning expertise and consultation, training and education services. Its offerings are based predominantly on open source software, utilizing data stored natively in public cloud object stores as well as in various open source data stores. It licenses its products under a open source licensing model based on the Apache Software License (ASL) and the Affero General Public License (AGPL).
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