Introduction

Welcome to the Rwanda Stock Exchange Dashboard

Explore and analyze Rwanda stock indicators across different dimensions such as Moving averages, Relative Strength Index, Moving averages covergence divergence and Bollinger bands.

Select various tabs to access the estimates from January to May, visualizations and the Interpretation

In this dashboard we estimated on some indicators of shares of some different companies in Rwanda which include ; Bank of Kigali, I$M Bank, Bralirwa,Cimerwa and MTN Rwanda

Graphs (MA,RSI,MACD,BB)

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Chart A . Moving Averages

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Chart B. Relative Strength Index

Chart C. Moving Average Covergence Divergence

Chart D. Bollinger Bands

Estimates (MA,RSI,MACD,BB)

Interpretations (MA,RSI,MACD,BB)

  1. Moving averages (MAs) are a commonly used technical analysis tool that smooths out price data to create a trend-following indicator. By analyzing moving averages, you can identify trends, potential reversals, and support/resistance levels in your data. As we have estimated and seen ON the graph there was some uptrends and downtrends in the price of shares in BRL,BOK,CMR,IMR,MTNR, While estimating we used an interval of 4 days.

  2. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It’s typically used to identify overbought or oversold conditions in a market. while estimating it we used a 14 days interval, Key RSI Levels : 70 and above: Typically indicates that the asset is overbought. 30 and below: Typically indicates that the asset is oversold. 50: Often considered the midpoint, indicating no particular trend strength. Hence as we take a look at the estimates we find that first three estimates we midpoint so no particular trend strength.

  3. The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the “signal line” is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. *MACD Components : _MACD Line: Difference between the 12-period EMA and the 26-period EMA. Signal Line: A 9-period EMA of the MACD line. Crossovers _MACD Line Crosses Above Signal Line (Bullish Crossover): This is a buy signal, indicating that it may be a good time to enter a long position as the price is likely to experience upward momentum. _MACD Line Crosses Below Signal Line (Bearish Crossover): This is a sell signal, indicating that it may be a good time to enter a short position or exit a long position as the price is likely to experience downward momentum.

  4. Bollinger Bands are a volatility indicator used in technical analysis to understand the relative high or low price levels of a security in relation to past trades. They consist of three lines: the middle band, which is a simple moving average (SMA) of the security’s price, and two outer bands, which are standard deviations away from the middle band.