GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Treasure Factory Co Ltd (TSE:3093) » Definitions » 14-Day RSI

Treasure Factory Co (TSE:3093) 14-Day RSI : 59.83 (As of Apr. 26, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Treasure Factory Co 14-Day RSI?

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), Treasure Factory Co's 14-Day RSI is 59.83.

The industry rank for Treasure Factory Co's 14-Day RSI or its related term are showing as below:

TSE:3093's 14-Day RSI is ranked worse than
87.11% of 1148 companies
in the Retail - Cyclical industry
Industry Median: 45.865 vs TSE:3093: 59.83

Competitive Comparison of Treasure Factory Co's 14-Day RSI

For the Specialty Retail subindustry, Treasure Factory Co'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.


Treasure Factory Co's 14-Day RSI Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Treasure Factory Co's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Treasure Factory Co's 14-Day RSI falls into.



Treasure Factory Co  (TSE:3093) 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.


Treasure Factory Co  (TSE:3093) 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.


Treasure Factory Co 14-Day RSI Related Terms

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


Treasure Factory Co (TSE:3093) Business Description

Traded in Other Exchanges
N/A
Address
3 Kandaneribeicho, Chiyoda-ku, 2 Floor Daito Building, Tokyo, JPN, 101-0022
Treasure Factory Co Ltd is a Japan-based company. It is mainly engaged in the sale and purchase of reuse items through its stores and online. The company also is also engaged in the bag and accessory rental business under the brand name Cariru and operates treasure factory moving service. It sells used merchandise in Tokyo, Saitama, Kanagawa, and Chiba.

Treasure Factory Co (TSE:3093) Headlines

No Headlines