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PTRVF (Avila Energy) 5-Day RSI : 40.50 (As of Dec. 16, 2024)


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What is Avila Energy 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 (2024-12-16), Avila Energy's 5-Day RSI is 40.50.

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

PTRVF's 5-Day RSI is ranked better than
67.86% of 1089 companies
in the Oil & Gas industry
Industry Median: 42.31 vs PTRVF: 40.50

Competitive Comparison of Avila Energy's 5-Day RSI

For the Oil & Gas E&P subindustry, Avila Energy'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.


Avila Energy's 5-Day RSI Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Avila Energy's 5-Day RSI distribution charts can be found below:

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



Avila Energy  (OTCPK:PTRVF) 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.


Avila Energy  (OTCPK:PTRVF) 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.


Avila Energy 5-Day RSI Related Terms

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Avila Energy Business Description

Traded in Other Exchanges
Address
1439 17th Avenue SE, Suite 201, Calgary, AB, CAN, T2G 1J9
Avila Energy Corp is a producer, explorer, and developer of energy in Canada. The company generates revenue from the sale of commodities, which primarily consist of natural gas.

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