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 Exact Holding NV's 9-Day RSI or its related term are showing as below:
XAMS:EXACT's 9-Day RSI is not ranked *
in the Software industry.
Industry Median: 45.13 * Ranked among companies with meaningful 9-Day RSI only.
Competitive Comparison of Exact Holding NV's 9-Day RSI
For the Software - Infrastructure subindustry, Exact Holding NV'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.
Exact Holding NV's 9-Day RSI Distribution in the Software Industry
For the Software industry and Technology sector, Exact Holding NV's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Exact Holding NV's 9-Day RSI falls into.
* 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.
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.
Exact Holding NV 9-Day RSI Related Terms
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Exact Holding NV (XAMS:EXACT) Business Description
Exact Holding NV was founded in 1984. The Company is a supplier of enterprise resource planning and accounting software for small and medium sized businesses. It develops industry-specific software and offer these as on-premises, software-as-a-service and true cloud solutions. Its products include Exact Globe Next, an ERP software that structures business processes on a single platform and consolidates information flows; Exact Synergy, a Web-based solution, which unites processes, and connects information in the areas of employees, customers, and financial transactions; Exact Financials; and Exact Online, a business software that provides possibilities for collaboration and advice between accountants and their customers. The Company's solutions also include Exact JobBOSS, shop management software for job shops, and custom, contract and high-tech manufacturers in the Americas; Exact Dimoni, ERP solution engaged in financial, commercial and industrial management in Spain; Exact Macola, an integrated ERP solution designed for the manufacturing and distribution sectors in the Americas; Exact ProAcc, an ERP solution for the Belgian SMB market running on MS Windows, MacOS and via internet; Exact Business Analytics, analytical software that empowers people to intelligently interpret and analyze business data to make better decisions; and Exact Event Manager, a business activity monitoring, alerting, and automation tool, among others.
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