GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fraport AG (XTER:FRA) » Definitions » 14-Day RSI

Fraport AG (XTER:FRA) 14-Day RSI

: 34.27 (As of Today)
View and export this data going back to 2001. Start your Free Trial

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 (2024-04-18), Fraport AG's 14-Day RSI is 34.27.

The industry rank for Fraport AG's 14-Day RSI or its related term are showing as below:

XTER:FRA's 14-Day RSI is ranked better than
85.53% of 1085 companies
in the Transportation industry
Industry Median: 46.18 vs XTER:FRA: 34.27

Competitive Comparison

For the Airports & Air Services subindustry, Fraport AG'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.


Fraport AG 14-Day RSI Distribution

For the Transportation industry and Industrials sector, Fraport AG's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Fraport AG's 14-Day RSI falls into.



Fraport AG  (XTER:FRA) 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.


Fraport AG  (XTER:FRA) 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.


Fraport AG 14-Day RSI Related Terms

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


Fraport AG (XTER:FRA) Business Description

Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.
Executives
Julia Kranenberg Board of Directors
Anke Giesen Board of Directors
Dr. Pierre Dominique Prümm Board of Directors