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Altea Green Power SpA (MIL:AGP) 14-Day RSI : 66.14 (As of Mar. 04, 2025)


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What is Altea Green Power SpA 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 (2025-03-04), Altea Green Power SpA's 14-Day RSI is 66.14.

The industry rank for Altea Green Power SpA's 14-Day RSI or its related term are showing as below:

MIL:AGP's 14-Day RSI is ranked worse than
95.87% of 1016 companies
in the Semiconductors industry
Industry Median: 45.46 vs MIL:AGP: 66.14

Competitive Comparison of Altea Green Power SpA's 14-Day RSI

For the Solar subindustry, Altea Green Power SpA'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.


Altea Green Power SpA's 14-Day RSI Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Altea Green Power SpA's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Altea Green Power SpA's 14-Day RSI falls into.



Altea Green Power SpA  (MIL:AGP) 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.


Altea Green Power SpA  (MIL:AGP) 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.


Altea Green Power SpA 14-Day RSI Related Terms

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Altea Green Power SpA Business Description

Traded in Other Exchanges
Address
Via Pavia 11/B, Rivoli, ITA
Altea Green Power SpA provides systems to produce energy from renewable sources while respecting the environment and improving energy efficiency by reducing energy consumption. It offers assistance in the design, construction, maintenance, and management phases for photovoltaic systems, wind turbines, cogeneration systems, biomass-fueled systems. The Group specializes in the installation of plants and production of energy from renewable sources, the construction of power plants and cogeneration plants, electricity and thermal power distribution networks, and co-development activities of renewable energy production and storage plants.

Altea Green Power SpA Headlines

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