GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Verbio SE (XTER:VBK) » Definitions » 14-Day RSI

Verbio SE (XTER:VBK) 14-Day RSI

: 46.91 (As of Today)
View and export this data going back to 2006. 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 (2024-04-19), Verbio SE's 14-Day RSI is 46.91.

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

XTER:VBK's 14-Day RSI is ranked worse than
54.78% of 1612 companies
in the Chemicals industry
Industry Median: 45.74 vs XTER:VBK: 46.91

Competitive Comparison

For the Specialty Chemicals subindustry, Verbio SE'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.


Verbio SE 14-Day RSI Distribution

For the Chemicals industry and Basic Materials sector, Verbio SE's 14-Day RSI distribution charts can be found below:

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



Verbio SE  (XTER:VBK) 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.


Verbio SE  (XTER:VBK) 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.


Verbio SE 14-Day RSI Related Terms

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


Verbio SE (XTER:VBK) Business Description

Traded in Other Exchanges
Address
Ritterstrasse 23, Leipzig, ST, DEU, 04109
Verbio SE is a Germany-based company that produces and distributes biofuels. The company's products include verbiodiesel, verbioethanol, verbigas, and verbioglycerine. It also provides high-quality components made from sustainably produced biomass for the feed and food industry.
Executives
Stefan Schreiber Board of Directors
Ulrike Krämer Supervisory Board
Theodor Niesmann Board of Directors
Prof. Dr. Oliver Lüdtke Board of Directors
Claus Sauter Board of Directors
Dr. Klaus Niemann Supervisory Board
Herr Alexander Von Witzleben Supervisory Board

Verbio SE (XTER:VBK) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of BHK Investment Advisors, LLC

By GuruFocus Research GuruFocus Editor 08-04-2022