GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Noble Group Ltd (OTCPK:NOBGY) » Definitions » 14-Day RSI

Noble Group (Noble Group) 14-Day RSI : N/A (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Noble Group 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 (2024-04-27), Noble Group's 14-Day RSI is N/A.

The industry rank for Noble Group's 14-Day RSI or its related term are showing as below:

NOBGY's 14-Day RSI is not ranked *
in the Conglomerates industry.
Industry Median: 47.795
* Ranked among companies with meaningful 14-Day RSI only.

Competitive Comparison of Noble Group's 14-Day RSI

For the Conglomerates subindustry, Noble Group'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.


Noble Group's 14-Day RSI Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Noble Group's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Noble Group's 14-Day RSI falls into.



Noble Group  (OTCPK:NOBGY) 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.


Noble Group  (OTCPK:NOBGY) 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.


Noble Group 14-Day RSI Related Terms

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


Noble Group (Noble Group) Business Description

Traded in Other Exchanges
N/A
Address
38 Gloucester Road, 18th Floor, Mass Mutual Tower, China Evergrande Centre, Hong Kong, HKG
Noble Group Ltd operates and manages supply chain focused on purchasing physical commodities and transforming these into customized products. The business consist of logistics and transportation, price risk management and hedging, commodity processing and blending, as well as structured and trade finance products. The company has two segments - namely, the Energy Segment, with combines the former Energy and Gas & Power segments and includes the Oil Liquids, Gas & Power and Energy Coal businesses; and the Metals, Minerals and Ores Segment, which combines the former Metals & Mining and Corporate segments and includes the Metals, Carbon Steel Materials and Logistics businesses.

Noble Group (Noble Group) Headlines

No Headlines