RSI is an acronym that stands for Relative Strength Index. It measures the speed and changes of price movements. It’s a momentum oscillator that is a go-to gage over the last several years. RSI can move between 0 and 100. When that RSI number goes above 70, generally the consensus is that it has been overbought. It is oversold, usually, when under 30. It is helpful for investors to locate trends using RSI.
Overbought is the area where Infosys Ltd ADR (NYSE:FL) currently lays. It is at 71.55. As of last close, the stock is up +8.58% in just one month; that takes it to $67.97. The return amount is +9.17% over the last three-month period. For its average price, over the last 50 days, it is currently at +8.56%. It is +6.03% above the SMA 20. The price per share has risen from the low experienced over the last 52 weeks; it is up +46.05% from that period low.
The RSI for W. R. Berkley Corp (NYSE:WRB) is 72.49. That gives its return over six months at +5.95% and the one-year return at +21.60%. For the last three months, the return has been +9.26%. As of last close, this particular stock is up +10.56%. Compared to the 50-day average price, it is up +9.04% and +6.65% above the SMA 20. It is up from its 52-week high with +2.47%.
What is the RSI number for Sunesis Pharmaceuticals (NASDAQ:SNSS)? It is 72.49, currently. That number makes its six-month return at +5.95% and its 1-year return at +21.60%. The last three months has seen a return for investors of +9.26%. The price is up substantially from the low over the last 52 weeks; it is up by +225.00%. Presently it is +29.89% above the 50-day average and is +20.39% above the SMA 20.