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.
The industry rank for Starry Group Holdings's 14-Day RSI or its related term are showing as below:
STRYQ's 14-Day RSI is not ranked
in the Telecommunication Services industry.
Industry Median: 47.82
vs STRYQ: 28.18
Competitive Comparison of Starry Group Holdings's 14-Day RSI
For the Telecom Services subindustry, Starry Group Holdings'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.
Starry Group Holdings's 14-Day RSI Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Starry Group Holdings's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Starry Group Holdings's 14-Day RSI falls into.
Starry Group Holdings (OTCPK:STRYQ) 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.
Starry Group Holdings (OTCPK:STRYQ) 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.
Starry Group Holdings 14-Day RSI Related Terms
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Starry Group Holdings (Starry Group Holdings) Business Description
Starry Group Holdings Inc is connecting people and communities to high-speed, broadband internet using innovative, wideband hybrid-fiber fixed wireless technology. It is deploying gigabit-capable broadband to the home without bundles, data caps, or long-term contracts. The company is building a platform for the future by putting customers first, protecting privacy, ensuring access to an open and neutral net, and making affordable connectivity and digital equity a priority.
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