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First of Long Island (First of Long Island) 5-Day RSI : 51.46 (As of Apr. 29, 2024)


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What is First of Long Island 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 (2024-04-29), First of Long Island's 5-Day RSI is 51.46.

The industry rank for First of Long Island's 5-Day RSI or its related term are showing as below:

FLIC's 5-Day RSI is ranked better than
51.05% of 1569 companies
in the Banks industry
Industry Median: 51.9 vs FLIC: 51.46

Competitive Comparison of First of Long Island's 5-Day RSI

For the Banks - Regional subindustry, First of Long Island'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.


First of Long Island's 5-Day RSI Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First of Long Island's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where First of Long Island's 5-Day RSI falls into.



First of Long Island  (NAS:FLIC) 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.


First of Long Island  (NAS:FLIC) 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.


First of Long Island 5-Day RSI Related Terms

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First of Long Island (First of Long Island) Business Description

Traded in Other Exchanges
N/A
Address
275 Broadhollow Road, Melville, NY, USA, 11747
First of Long Island Corp is a holding company that provides financial services. It offers services of saving accounts, current accounts, and capital gain accounts. The company also provides lending services, such as commercial and residential mortgage loans, industrial loans, small business credit scored loans, and other credit facilities. In addition, the company provides account reconciliation services, ATM Banking, bill payment, cash management services, mobile banking, online banking, and payroll services to privately owned businesses, professionals, consumers, and public bodies. Revenue earned by the company mainly consists of the interest on loans and investment securities, fees on deposit accounts, and income from investment management.
Executives
Christopher J Hilton officer: Executive Vice President C/O SUFFOLK BANCORP, 4 WEST SECOND STREET, PO BOX 9000, RIVERHEAD NY 11901
Tanweer Sheikh Ansari officer: EVP, Internal Counsel 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Cooper John Abbott Root director 215 EAST 72ND STREET, 7W, NEW YORK NY 10021
Susanne Pheffer officer: EVP, Chief Information Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Edward J. Haye director 275 BROADHOLLOW ROAD, MELVILLE NY 11747
Paul T Canarick director
Milbrey Rennie Taylor director C/O THE FIRST OF LONG ISLAND CORPORATION, 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Teagle Walter C Iii director
Michael J. Spolarich officer: EVP, Chief Credit Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Christopher Becker officer: Vice President 37 COOPER LANE, EAST HAMPTON NY 11937
Janet T Verneuille officer: Executive Vice President PO BOX 3005, BRIDGEHAMPTON NY 11932
Alexander L Cover director
Michael N Vittorio director, officer: President & CEO
Jay P Mcconie officer: Executive Vice President, CFO 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Mark D Curtis officer: Sr. Vice President & Treasurer