GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team Internet Group PLC (LSE:TIG) » Definitions » 5-Day RSI

Team Internet Group (LSE:TIG) 5-Day RSI : 94.57 (As of May. 26, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Team Internet Group 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 (2024-05-26), Team Internet Group's 5-Day RSI is 94.57.

The industry rank for Team Internet Group's 5-Day RSI or its related term are showing as below:

LSE:TIG's 5-Day RSI is ranked worse than
98.51% of 604 companies
in the Interactive Media industry
Industry Median: 41.485 vs LSE:TIG: 94.57

Competitive Comparison of Team Internet Group's 5-Day RSI

For the Internet Content & Information subindustry, Team Internet Group'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.


Team Internet Group's 5-Day RSI Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Team Internet Group's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Team Internet Group's 5-Day RSI falls into.



Team Internet Group  (LSE:TIG) 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.


Team Internet Group  (LSE:TIG) 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.


Team Internet Group 5-Day RSI Related Terms

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


Team Internet Group (LSE:TIG) Business Description

Traded in Other Exchanges
Address
44 Gutter Lane, 4th Floor, Saddlers House, London, GBR, EC2V 6BR
Team Internet Group PLC Formerly CentralNic Group PLC is a holding company, through its subsidiaries is involved in the provision of domain name services. The company provides registry services, distribution, and strategic consultancy. The business operates in two segments being Online Presence segment and Online Marketing. The Online Marketing segment creates privacy safe AI based customer journeys that help online consumers make informed choices. The Online Presence segment conducts business as a distributor of domain names through a network of channel partners as well as selling domain names and ancillary services to end users, monitoring services to protect brands online, technical and consultancy services to corporate clients.

Team Internet Group (LSE:TIG) Headlines

From GuruFocus