SoFi Technologies SOFI
Jump To Section
$
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
SoFi Technologies (SOFI) Business Model and Operations Summary
SoFi Technologies, Inc. provides digital financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company's lending and financial services and products allows its members to borrow, save, spend, invest, and protect their money. It offers student loans; personal loans for debt consolidation and home improvement projects; and home loans. The company also provides cash management, investment, and technology services. In addition, it operates Galileo, a technology platform that offers services to financial and non-financial institutions; and Apex, a technology enabled platform that provides investment custody and clearing brokerage services, as well as Technisys, a cloud-based digital multi-product core banking platform. The company was founded in 2011 and is headquartered in San Francisco, California.
Key Insights
SoFi Technologies (SOFI) Core Market Data and Business Metrics
Latest Closing Price
$22.09Market Cap
$22.02 BillionAverage Daily Volume
67,357,113 Shares52-Week Range
$6.01-$20.89Price-Earnings Ratio
92.04Total Outstanding Shares
1.11 Billion SharesCEO
Anthony J. NotoTotal Employees
5,000Current Dividend
No dividendIPO Date
June 1, 2021SIC Description
Finance ServicesHeadquarters
234 1st Street, San Francisco, CA, 94105