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Pan American Silver (TSX:PAAS) 5-Day RSI : 76.76 (As of Dec. 12, 2024)


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What is Pan American Silver 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 (2024-12-12), Pan American Silver's 5-Day RSI is 76.76.

The industry rank for Pan American Silver's 5-Day RSI or its related term are showing as below:

TSX:PAAS's 5-Day RSI is ranked worse than
76.74% of 2683 companies
in the Metals & Mining industry
Industry Median: 46.37 vs TSX:PAAS: 76.76

Competitive Comparison of Pan American Silver's 5-Day RSI

For the Gold subindustry, Pan American Silver'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.


Pan American Silver's 5-Day RSI Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pan American Silver's 5-Day RSI falls into.



Pan American Silver  (TSX:PAAS) 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.


Pan American Silver  (TSX:PAAS) 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.


Pan American Silver 5-Day RSI Related Terms

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Pan American Silver Business Description

Address
733SeymourStreet, Suite 2100, Vancouver, BC, CAN, V6B0S6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.
Executives
Ignacio Llerena Couturier Senior Officer
Gillian Winckler Director
Christopher Emerson Senior Officer
Sean Mcaleer Senior Officer
Chantal Gosselin Director
Cameron Paterson Senior Officer
Matthew Robert Andrews Senior Officer
Steven Busby Senior Officer
Christopher Lemon Senior Officer
Delaney Joseph Fisher Senior Officer
Georges Greer Senior Officer
Siren Fisekci Senior Officer
Martin Wafforn Senior Officer
Michael Louis Carroll Director
Andres Antonio Dasso Senior Officer