GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allegiant Gold Ltd (OTCPK:AUXXF) » Definitions » 14-Day RSI

AUXXF (Allegiant Gold) 14-Day RSI : 36.81 (As of Dec. 15, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Allegiant Gold 14-Day RSI?

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 (2024-12-15), Allegiant Gold's 14-Day RSI is 36.81.

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

AUXXF's 14-Day RSI is ranked better than
89.53% of 2713 companies
in the Metals & Mining industry
Industry Median: 46.13 vs AUXXF: 36.81

Competitive Comparison of Allegiant Gold's 14-Day RSI

For the Gold subindustry, Allegiant Gold'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.


Allegiant Gold's 14-Day RSI Distribution in the Metals & Mining Industry

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

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



Allegiant Gold  (OTCPK:AUXXF) 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.


Allegiant Gold  (OTCPK:AUXXF) 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.


Allegiant Gold 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Allegiant Gold's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Allegiant Gold Business Description

Traded in Other Exchanges
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Allegiant Gold Ltd is a gold exploration company. Its project profile consists of Bolo and Eastside in Nevada; Browns Canyon, West Goldfield, Overland Pass, White Horse Flats, and White Horse North. The Company's principal business activities are the exploration and evaluation of resource properties located in the United States of America. The business has one segment, being mineral exploration and evaluation. All assets of the firm are located in the USA.