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. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
The industry rank for Spot Mobile International's 9-Day RSI or its related term are showing as below:
RPID's 9-Day RSI is not ranked *
in the Telecommunication Services industry.
Industry Median: 48.89 * Ranked among companies with meaningful 9-Day RSI only.
Competitive Comparison of Spot Mobile International's 9-Day RSI
For the Telecom Services subindustry, Spot Mobile International's 9-Day RSI, along with its competitors' market caps and 9-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.
Spot Mobile International's 9-Day RSI Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spot Mobile International's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Spot Mobile International's 9-Day RSI falls into.
Spot Mobile International (OTCPK:RPID) 9-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.
Spot Mobile International (OTCPK:RPID) 9-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. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Spot Mobile International 9-Day RSI Related Terms
Thank you for viewing the detailed overview of Spot Mobile International's 9-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Spot Mobile International (Spot Mobile International) Business Description
Spot Mobile International Ltd is a Delaware corporation. The Company was incorporated on July 10, 1986 under the Company Act of the Province of British Columbia, Canada. On February 1, 1999, it reincorporated under the laws of the State of Delaware under the name 'ARDIS Telecom & Technologies, Inc'. On November 2, 1999, it acquired all of the business and assets of Dial Thru International Corporation, a California corporation, and, on January 19, 2000, it changed its name from ARDIS Telecom & Technologies, Inc. to Dial Thru International Corporation. On November 1, 2005, The Company changed its name to Rapid Link, Incorporated. On June 7, 2010, Rapid Link changed its name to Spot Mobile International Ltd. The Company is a telecommunications services company which, through its wholly-owned subsidiaries, provides prepaid telecommunication and transaction based point of sale activation solutions through over 280 independent retailers in the Eastern United States. The Company's operations are conducted mainly through its wholly owned subsidiaries: Mr. Prepaid, Inc., a Florida corporation and Spot Mobile Corp., a Florida corporation. Mr. Prepaid operates as a retail point of sale distributor of prepaid wireless airtime. Spot Mobile Corp. is a prepaid wireless Mobile Virtual Network Operator ('MVNO') that distributes and sells prepaid wireless handsets and SIM cards, offering talk and text services for wireless subscribers. The Company's MVNO operates on the Global System for Mobile Communications ('GSM') platform service. The Company's main competitors are AT&T, Sprint Nextel, Verizon and T-Mobile. In addition, in many markets there are regional wireless service providers, such as U.S. Cellular, MetroPCS and Leap Wireless as well as established MVNO operators including Boost, Tracfone, Virgin Mobile, Simple Mobile, and Page Plus. The Company's domestic operations are subject to regulation by the FCC and other federal, state and local agencies, and its international operations are regulated by various foreign governments and international bodies.
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