GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Impala Platinum Holdings Ltd (FRA:IPHB) » Definitions » 14-Day RSI

Impala Platinum Holdings (FRA:IPHB) 14-Day RSI : 42.78 (As of Dec. 15, 2024)


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

What is Impala Platinum Holdings 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), Impala Platinum Holdings's 14-Day RSI is 42.78.

The industry rank for Impala Platinum Holdings's 14-Day RSI or its related term are showing as below:

FRA:IPHB's 14-Day RSI is ranked better than
66.27% of 2713 companies
in the Metals & Mining industry
Industry Median: 46.13 vs FRA:IPHB: 42.78

Competitive Comparison of Impala Platinum Holdings's 14-Day RSI

For the Other Precious Metals & Mining subindustry, Impala Platinum Holdings'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.


Impala Platinum Holdings's 14-Day RSI Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Impala Platinum Holdings's 14-Day RSI falls into.



Impala Platinum Holdings  (FRA:IPHB) 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.


Impala Platinum Holdings  (FRA:IPHB) 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.


Impala Platinum Holdings 14-Day RSI Related Terms

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


Impala Platinum Holdings Business Description

Traded in Other Exchanges
Address
2 Fricker Road, Illovo, Johannesburg, GT, ZAF, 2196
Impala Platinum Holdings Ltd is one of the producers of platinum and associated platinum group metals, including palladium and rhodium. The company is structured with five main operations located in Impala, Zimplats, Marula, Mimosa, and Two Rivers. Impala is the group's main operational unit and is situated on the Impala lease area on the western limb of Bushveld, east of Johannesburg in South Africa and platinum-group-metal-bearing ore bodies in the world.

Impala Platinum Holdings Headlines

No Headlines