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Amar Finance and Leasing Co KSCC (KUW:AMAR) 14-Day RSI : 41.34 (As of May. 26, 2024)


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What is Amar Finance and Leasing Co KSCC 14-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.

As of today (2024-05-26), Amar Finance and Leasing Co KSCC's 14-Day RSI is 41.34.

The industry rank for Amar Finance and Leasing Co KSCC's 14-Day RSI or its related term are showing as below:

KUW:AMAR's 14-Day RSI is ranked better than
75.49% of 1950 companies
in the Real Estate industry
Industry Median: 49.66 vs KUW:AMAR: 41.34

Competitive Comparison of Amar Finance and Leasing Co KSCC's 14-Day RSI

For the Real Estate Services subindustry, Amar Finance and Leasing Co KSCC'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.


Amar Finance and Leasing Co KSCC's 14-Day RSI Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Amar Finance and Leasing Co KSCC's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Amar Finance and Leasing Co KSCC's 14-Day RSI falls into.



Amar Finance and Leasing Co KSCC  (KUW:AMAR) 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.


Amar Finance and Leasing Co KSCC  (KUW:AMAR) 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.


Amar Finance and Leasing Co KSCC 14-Day RSI Related Terms

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Amar Finance and Leasing Co KSCC (KUW:AMAR) Business Description

Traded in Other Exchanges
N/A
Address
Sharq Area, Ahmed Al-Jaber Street, Al-Bodoor Tower, P.O.Box: 28776, Safat, Kuwait City, KWT, 13148
Amar Finance and Leasing Co KSCC is a Kuwait-based financial institution that is engaged in the provision of commercial and residential real-estate market, offering financial solutions to real-estate companies, as well as to real-estate investors and home buyers. Its offerings include finance, investment, consulting services. The company's various services include structured finance, investment placement, real estate project finance, real estate investment services, Amar real estate fund and real estate advisory services, structured finance, investment placement, real estate project finance, real estate investment services, Amar real estate fund and real estate advisory services.

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