Chocoladefabriken Lindt & Sprungli AG RSI
What is the RSI of Chocoladefabriken Lindt & Sprungli AG?
The RSI of Chocoladefabriken Lindt & Sprungli AG is 55.44
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 Miscellaneous sector on LSE compared to Chocoladefabriken Lindt & Sprungli AG
What does Chocoladefabriken Lindt & Sprungli AG do?
Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, engages in the manufacture and sale of chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman's, Pangburn's, Caffarel, Hofbauer, and Küfferle brands. It serves customers through a network of distributors, as well as through its approximately 500 shops. The company was founded in 1845 and is headquartered in Kilchberg, Switzerland.
Companies with rsi similar to Chocoladefabriken Lindt & Sprungli AG
- Nuveen Senior Income Fund has RSI of 55.41
- Retail Opportunity Investments Corp has RSI of 55.42
- HDFC Bank has RSI of 55.42
- BlackRock Enhanced Global Dividend Trust has RSI of 55.42
- Xinhua News Media has RSI of 55.42
- White has RSI of 55.43
- Chocoladefabriken Lindt & Sprungli AG has RSI of 55.44
- Sabre Resources has RSI of 55.45
- Genmab A/S has RSI of 55.45
- Hansoh Pharmaceutical has RSI of 55.45
- Netflix has RSI of 55.45
- iShares ETF II (CH) - iShares Gold CHF Hedged (CH) has RSI of 55.45
- Menhaden PLC has RSI of 55.45