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Firsthand Technology Value Fund (NAS:SVVC) 14-Day RSI

: 41.90 (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 (2022-11-27), Firsthand Technology Value Fund's 14-Day RSI is 41.90.

The industry rank for Firsthand Technology Value Fund's 14-Day RSI or its related term are showing as below:

SVVC's 14-Day RSI is ranked better than
83.66% of 1805 companies
in the Asset Management industry
Industry Median: 56.04 vs SVVC: 41.90

Firsthand Technology Value Fund (NAS:SVVC) 14-Day RSI Competitive Comparison

For the Asset Management subindustry, Firsthand Technology Value Fund'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.

   

Firsthand Technology Value Fund (NAS:SVVC) 14-Day RSI Distribution

For the Asset Management industry and Financial Services sector, Firsthand Technology Value Fund's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Firsthand Technology Value Fund's 14-Day RSI falls into.



Firsthand Technology Value Fund  (NAS:SVVC) 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.


Firsthand Technology Value Fund  (NAS:SVVC) 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.


Firsthand Technology Value Fund 14-Day RSI Related Terms

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


Firsthand Technology Value Fund (NAS:SVVC) Business Description

Firsthand Technology Value Fund logo
Traded in Other Exchanges
N/A
Address
150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. Its portfolio is primarily composed of equity and equity derivative securities of technology and cleantech companies. Its primary focus is to invest in illiquid private technology and cleantech companies. It may also invest in micro-cap publicly traded companies.
Executives
Landis Kevin M director, officer: President 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Billawala Omar officer: CFO 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Petredis Nicholas P director 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Full Value Offshore Fund, Ltd. 10 percent owner C.O MAPLES CORPORATE SERVICES LIMITED P.O. BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104
Opportunity Income Plus Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mcm Opportunity Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Full Value Special Situations Fund Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mercury Partners L P 10 percent owner 5650 EL CAMINO REAL SUITE 155 CARLSBAD CA 92008
Opportunity Partners Lp 10 percent owner PARK 80 WEST - PLAZA TWO 250 PEHLE AVE., SUITE 708 SADDLE BROOK NJ 07663
Full Value Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Steady Gain Partners Lp 10 percent owner 2000 ROYAL COURT UNIT 2315 NORTH HILLS NY 11040
Bulldog Investors General Partnership 10 percent owner PARK 80 WEST, 250 PEHLE AVENUE SUITE 708 SADDLE BROOK NJ 07663
Calapasas West Partners Lp 10 percent owner PARK 80 WEST, 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Dakos Andrew 10 percent owner 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Samuels Steven 10 percent owner 72 COLEYTOWN ROAD WESTPORT CT 06882
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