GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Flanigan'S Enterprises Inc (AMEX:BDL) » Definitions » 5-Day RSI

Flanigan'S Enterprises (Flanigan'S Enterprises) 5-Day RSI : 77.29 (As of Apr. 27, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Flanigan'S Enterprises 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-04-27), Flanigan'S Enterprises's 5-Day RSI is 77.29.

The industry rank for Flanigan'S Enterprises's 5-Day RSI or its related term are showing as below:

BDL's 5-Day RSI is ranked worse than
89.72% of 360 companies
in the Restaurants industry
Industry Median: 51.26 vs BDL: 77.29

Competitive Comparison of Flanigan'S Enterprises's 5-Day RSI

For the Restaurants subindustry, Flanigan'S Enterprises's 5-Day RSI, along with its competitors' market caps and 5-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.


Flanigan'S Enterprises's 5-Day RSI Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Flanigan'S Enterprises's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Flanigan'S Enterprises's 5-Day RSI falls into.



Flanigan'S Enterprises  (AMEX:BDL) 5-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.


Flanigan'S Enterprises  (AMEX:BDL) 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Flanigan'S Enterprises 5-Day RSI Related Terms

Thank you for viewing the detailed overview of Flanigan'S Enterprises's 5-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Flanigan'S Enterprises (Flanigan'S Enterprises) Business Description

Traded in Other Exchanges
Address
5059 N.E. 18th Avenue, Fort Lauderdale, FL, USA, 33334
Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.
Executives
E. Mary Bennett director 2168 CENTERVIEW CT N, CLEARWATER FL 33759
Christopher Barry Oneil director 4101 NE 26TH AVENUE, LIGHTHOUSE POINT FL 33064
August Bucci director, officer: Chief Operating Officer 13078 NORTHWEST 23RD ST, PEMBROKE PINES FL 33028
James Ii Flanigan director, officer: President 5059 NORTHEAST 18TH AVE, FORT LAUDERDALE FL 33334
Jeffrey D Kastner director, officer: CFO & Secretary 5059 N.E. 18TH AVENUE, FORT LAUDERDALE FL 33334
Christopher Jeff Nelms director 724 SE 17TH TERRACE, DEERFIELD BEACH FL 33441
Michael B Flanigan director 601 OVERLOOK DRIVE, STUART FL 34994
Barbara J Kronk director 9990 N.W. 39TH STREET, HOLLYWOOD FL 33024
Jean Picard officer: VP of Package Operations 8351 NORTHWEST 166TH TERRACE, MIAMI FL 33016
Patrick J Flanigan director 1750 NORTHWEST RIVER TRAIL, STUART FL 34994
Joseph G Flanigan director, officer: Chariman & CEO 6 GATEHOUSE ROAD, SEA RANCH LAKES FL 33308

Flanigan'S Enterprises (Flanigan'S Enterprises) Headlines

From GuruFocus

FLANIGAN'S REPORTS EARNINGS

By PRNewswire PRNewswire 05-31-2022

FLANIGAN'S REPORTS EARNINGS

By PRNewswire PRNewswire 07-10-2022

FLANIGAN'S DECLARES DIVIDEND

By PRNewswire PRNewswire 05-25-2023

FLANIGAN'S REPORTS EARNINGS

By PRNewswire PRNewswire 01-25-2023

FLANIGAN'S Reports Earnings

By PRNewswire PRNewswire 01-19-2021

Flanigan's Announces Earnings

By PRNewswire PRNewswire 02-12-2020

Flanigan's Announces Earnings

By PRNewswire PRNewswire 05-24-2021