Greenbrier Cos RSI
What is the RSI of Greenbrier Cos?
The RSI of Greenbrier Cos., Inc. is 40.84
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 Industrials sector on NYSE compared to Greenbrier Cos
What does Greenbrier Cos do?
the greenbrier companies is a leading supplier of marine and rail transportation equipment and services, powering the movement of products around the world. greenbrier’s innovation and engineering expertise pairs with our capacity to build and repair transportation equipment. this allows us to provide an unrivaled level of service to our customers across the americas, europe and the countries of the gcc. with a railcar lease fleet of over 10,300 railcars, greenbrier also provides asset management services for nearly 400,000 railcars. our unique railcar leasing syndication platform brings us into contact with the world’s leading fixed asset investors. we have delivered over 21,000 railcars in a single year and maintain the capacity to produce over 35,000 railcars annually. learn more about greenbrier at www.gbrx.com.
Companies with rsi similar to Greenbrier Cos
- Vimy Resources has RSI of 40.83
- Guangdong Adway Construction () has RSI of 40.83
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- Lions Gate Entertainment has RSI of 40.83
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- Energous has RSI of 40.83
- Greenbrier Cos has RSI of 40.84
- Fuels has RSI of 40.85
- Porch has RSI of 40.85
- Sagardeep Alloys has RSI of 40.85
- Peruvian Metals has RSI of 40.86
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- H.G. Infra Engineering has RSI of 40.87