GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Star Resources Inc (XCNQ:WSR) » Definitions » 14-Day RSI

Western Star Resources (XCNQ:WSR) 14-Day RSI : 88.82 (As of Dec. 13, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Western Star Resources 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 (2024-12-13), Western Star Resources's 14-Day RSI is 88.82.

The industry rank for Western Star Resources's 14-Day RSI or its related term are showing as below:

XCNQ:WSR's 14-Day RSI is ranked worse than
99.19% of 2713 companies
in the Metals & Mining industry
Industry Median: 46.98 vs XCNQ:WSR: 88.82

Competitive Comparison of Western Star Resources's 14-Day RSI

For the Other Industrial Metals & Mining subindustry, Western Star Resources'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.


Western Star Resources's 14-Day RSI Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Star Resources's 14-Day RSI falls into.



Western Star Resources  (XCNQ:WSR) 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.


Western Star Resources  (XCNQ:WSR) 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.


Western Star Resources 14-Day RSI Related Terms

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


Western Star Resources Business Description

Traded in Other Exchanges
Address
8988 Fraserton Court, Unit 114B, Burnaby, BC, CAN, V5J 5H8
Western Star Resources Inc is a mineral exploration and development company. Its activities consist of acquiring, exploring, developing, and operating mining properties.
Executives
Thomas O'neill 10% Security Holder
Blake Morgan Senior Officer