GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arc Minerals Ltd (FRA:DFYA) » Definitions » 5-Day RSI

Arc Minerals (FRA:DFYA) 5-Day RSI : 45.01 (As of Dec. 15, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Arc Minerals 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-12-15), Arc Minerals's 5-Day RSI is 45.01.

The industry rank for Arc Minerals's 5-Day RSI or its related term are showing as below:

FRA:DFYA's 5-Day RSI is ranked better than
57.68% of 2684 companies
in the Metals & Mining industry
Industry Median: 43.695 vs FRA:DFYA: 45.01

Competitive Comparison of Arc Minerals's 5-Day RSI

For the Other Industrial Metals & Mining subindustry, Arc Minerals's 5-Day RSI, along with its competitors' market caps and 5-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.


Arc Minerals's 5-Day RSI Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arc Minerals's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Arc Minerals's 5-Day RSI falls into.



Arc Minerals  (FRA:DFYA) 5-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.


Arc Minerals  (FRA:DFYA) 5-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Arc Minerals 5-Day RSI Related Terms

Thank you for viewing the detailed overview of Arc Minerals's 5-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Arc Minerals Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, Tortola, Road Town, VGB, VG 1110
Arc Minerals Ltd is engaged in the business of acquiring, exploring, and developing mineral properties. The company's project includes the Zambian Copper and Cobalt Project and the Botswana Project.

Arc Minerals Headlines

No Headlines