DP Eurasia N.V RSI
What is the RSI of DP Eurasia N.V?
The RSI of DP Eurasia N.V. is 89.94
What is the definition of RSI?
The relative strength index (RSI 14) is a momentum indicator that compares the magnitude of gains and losses over a specified time period to measure speed and change of price movements of a security.
14-day period
It is used to identify overbought or oversold conditions in the trading of an asset. It oscillates between 0 and 100 and a stock is considered overbought when the RSI is above 70 and oversold when below 30. The relative strength index (RSI) is typically used on a 14-day timeframe and is calculated according to the formula 100 - [ 100 / (1 + RS)] where RS is the ratio of average gain to average loss. In the calculation of average gain and loss for a certain period, taking the prior value plus the current value is a smoothing technique similar to that used in calculating an exponential moving average. This also means that RSI values become more accurate as the calculation period extends.
Sudden large price movements can create false buy or sell signals in the RSI. The RSI is often used in conjunction with trend lines, as trend line support or resistance often coincides with support or resistance levels in the RSI reading. Watching for divergence between price and the RSI indicator is another means of refining its application. Divergence occurs when a security makes a new high or low in price but the RSI does not make a corresponding new high or low value. Bearish divergence, when price makes a new high but the RSI does not is taken as a sell signal. Bullish divergence that is interpreted as a buy signal occurs when price makes a new low, but the RSI value does not.
RSI of companies in the Consumer Discretionary sector on LSE compared to DP Eurasia N.V
What does DP Eurasia N.V do?
DP Eurasia N.V. operates corporate-owned and franchised stores under the Domino's Pizza brand in Turkey, Russia, Azerbaijan, and Georgia. The company offers pizza delivery and takeaway services. As of December 31, 2021, it operated 809 stores, including 615 franchised stores and 194 corporate-owned stores. The company was founded in 1996 and is based in Amsterdam, the Netherlands.
Companies with rsi similar to DP Eurasia N.V
- Kridhan Infra has RSI of 89.72
- Guangzhou Rural Commercial Bank Co has RSI of 89.75
- Collaborate has RSI of 89.82
- Octopus Apollo VCT has RSI of 89.87
- UBS ETFs Public - MSCI ACWI SF UCITS ETF has RSI of 89.88
- Tullow Oil plc has RSI of 89.90
- DP Eurasia N.V has RSI of 89.94
- IndigoVision plc has RSI of 89.96
- Odin Metals has RSI of 89.96
- Tongdao Liepin has RSI of 89.98
- Atlantic Power has RSI of 89.98
- O Sorbet D'amour SA has RSI of 89.99
- Newgioco has RSI of 89.99