Anghami ANGH
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Business overview of Anghami (ANGH)
Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with the catalog of songs. The company features licensed content from Arabic labels, independent artists, and distributors. It also features music from International labels such as Universal, Sony, and Warner and is continuously licensing new content.
Key Insights
Critical company metrics and information
Latest Closing Price
$0.66Market Cap
$44.13 MillionTotal Outstanding Shares
29.71 Million SharesTotal Employees
146Dividend
No dividendIPO Date
February 4, 2022Primary Exchange
NASDAQType
Common StockHomepage
https://www.anghami.com
Historical Stock Splits
Execution Date | Split Amount |
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No Historical Stock Splits |
Historical Dividends
Announcement Date | Payment Date | Record Date | Amount | Frequency |
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No historical dividends |
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