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Video River Networks (Video River Networks) 14-Day RSI

: 35.00 (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 (2024-04-19), Video River Networks's 14-Day RSI is 35.00.

The industry rank for Video River Networks's 14-Day RSI or its related term are showing as below:

NIHK's 14-Day RSI is ranked better than
79.66% of 1937 companies
in the Real Estate industry
Industry Median: 45.46 vs NIHK: 35.00

Competitive Comparison

For the Real Estate - Diversified subindustry, Video River Networks'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.


Video River Networks 14-Day RSI Distribution

For the Real Estate industry and Real Estate sector, Video River Networks's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Video River Networks's 14-Day RSI falls into.



Video River Networks  (OTCPK:NIHK) 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.


Video River Networks  (OTCPK:NIHK) 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.


Video River Networks 14-Day RSI Related Terms

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Video River Networks (Video River Networks) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Video River Networks Inc is a specialty real estate holding company. The company has two lines of real estate business which is to promote and preserve affordable housing and economic development across urban neighborhoods in the United States. It is also involved in the Electric Vehicles (EV) business, Artificial Intelligence, Machine Learning and Robotics assets, businesses and operations in North America.
Executives
Frank I Igwealor director, 10 percent owner, officer: President and CEO 370 AMAPOLA AVE, SUITE 200A, TORRANCE CA 90501
Cannabinoid Biosciences, Inc. director, 10 percent owner, officer: President and CEO 3699 WILSHIRE BLVD., SUITE 610, LOS ANGELES CA 90010
Video River Networks, Inc. director, 10 percent owner, officer: President and CEO 1333 N. BUFFALO DR., SUITE 210, LAS VEGAS NV 89128
Daniel P Mcredmond officer: Corporate Controller
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
Patrick A Gorman director
H Douglas Saathoff officer: CEO
Myron Anduri 10 percent owner, officer: President, as of 01/01/04
Steven H. Jacobson 10 percent owner P.O. BOX 24947, DENVER CO 80224-0947

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