Mamba Exploration (ASX:M24) 14-Day RSI: 53.10 (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Mamba Exploration 14-Day RSI?

Mamba Exploration ASX:M24 14-Day RSI is 53.10 as of Jul. 15, 2026. The stock has 2 warning signs investors should review. Among 2,686 Metals & Mining companies, Mamba Exploration ranks worse than 82.43% on this metric.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.

As of today (2026-07-15), Mamba Exploration's 14-Day RSI is 53.10.

The industry rank for Mamba Exploration's 14-Day RSI or its related term are showing as below:

ASX:M24's 14-Day RSI is ranked worse than
82.43% of 2686 companies
in the Metals & Mining industry
Industry Median: 43.95 vs ASX:M24: 53.10

Mamba Exploration  (ASX:M24) 14-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.


Mamba Exploration 14-Day RSI Related Terms


Mamba Exploration 14-Day RSI Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mamba Exploration's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mamba Exploration 14-Day RSI vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mamba Exploration's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Mamba Exploration's 14-Day RSI falls into.



Mamba Exploration  (ASX:M24) 14-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 14-Day RSI →
What does a 14-Day RSI of 53.10 mean?
Mamba Exploration (ASX:M24) has a 14-Day RSI of 53.10 as of Jul. 15, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Mamba Exploration and its competitors. According to the industry distribution chart, Mamba Exploration ranks #2214 out of 2686 companies in the Metals & Mining industry, placing it in the top 82.4%.
Is Mamba Exploration's 14-Day RSI too high?
Mamba Exploration's current 14-Day RSI is 53.10. The Metals & Mining industry median 14-Day RSI is 43.95. Mamba Exploration's value of 53.10 is 20.8% above this industry median. Based on the distribution chart, Mamba Exploration ranks #2214 out of 2686 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Mamba Exploration's 14-Day RSI compare to competitors?
According to the Metals & Mining industry distribution chart, Mamba Exploration ranks #2214 out of 2686 companies for 14-Day RSI. This places Mamba Exploration in the lower half of its industry. The industry median 14-Day RSI is 43.95. Mamba Exploration's value of 53.10 is 20.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 14-Day RSI for a Metals & Mining company?
The median 14-Day RSI among Metals & Mining companies is 43.95, based on 2,686 companies in the industry. Companies in the top quartile (top 25%) have a 14-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 14-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mamba Exploration's current 14-Day RSI of 53.10 is 20.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 14-Day RSI mean?
A high 14-Day RSI can signal that a stock is expensive relative to its fundamentals. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Mamba Exploration and its competitors. For the Metals & Mining industry, the median 14-Day RSI is 43.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mamba Exploration's current 14-Day RSI is 53.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mamba Exploration stock overvalued right now?
Mamba Exploration (ASX:M24) has a current 14-Day RSI of 53.10. The current 14-Day RSI is 53.10 and 20.8% above the Metals & Mining industry median of 43.95. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 14-Day RSI calculated?
14-Day RSI is calculated from a company's financial statements. For Mamba Exploration (ASX:M24), the current 14-Day RSI is 53.10 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mamba Exploration Business Description

Address 295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008
Mamba Exploration Ltd is engaged in the exploration of nickel, copper, and gold. The company operates in two geographical segments, Australia and Canada. The company has a focus on its mineral exploration assets in the Ashburton/Gascoyne, Kimberley, Darling Range, Hyden, and Great Southern regions of Western Australia. The company has one reportable business segment, being the exploration for nickel, copper, gold, and uranium. The projects include the Hyden REE Project, Kimberley Project, Ashburton Project, and Calyerup Creek Project.