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Northern Oil & Gas 14-Day RSI

: 59.88 (As of Today)
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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 (2022-08-14), Northern Oil & Gas's 14-Day RSI is 59.88.

The industry rank for Northern Oil & Gas's 14-Day RSI or its related term are showing as below:

NOG's 14-Day RSI is ranked worse than
67.34% of 1136 companies
in the Oil & Gas industry
Industry Median: 54.52 vs NOG: 59.88

Competitive Comparison

For the Oil & Gas E&P subindustry, Northern Oil & Gas'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.

   

Northern Oil & Gas 14-Day RSI Distribution

For the Oil & Gas industry and Energy sector, Northern Oil & Gas's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Northern Oil & Gas's 14-Day RSI falls into.



Northern Oil & Gas  (NYSE:NOG) 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.


Northern Oil & Gas  (NYSE:NOG) 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.


Northern Oil & Gas 14-Day RSI Related Terms

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


Northern Oil & Gas Business Description

Northern Oil & Gas logo
Traded in Other Exchanges
Address
4350 Baker Road, Suite 400, Minnetonka, MN, USA, 55343
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production with operations in North Dakota and Montana that primarily target the Bakken and Three Forks formations in the Williston Basin of the United States.
Executives
Pomerantz Jennifer S. director 4350 BAKER ROAD SUITE 400 MINNETONKA MN 55343
Rowling Family 2012 Long Term Trust other: See Remarks 4001 MAPLE AVENUE, SUITE 600 DALLAS TX 75219
Evans James B. officer: Executive VP & Chief Engineer 601 CARLSON PARKWAY SUITE 990 MINNETONKA MN 55305
Rowling Foundation other: See Remarks 4001 MAPLE AVENUE, SUITE 600 DALLAS TX 75219
Lasher Stuart G. director 4931 NEW PROVIDENCE TAMPA FL 33629
Ttbr Investments Llc 10 percent owner 4001 MAPLE AVE SUITE 600 DALLAS TX 75219
Trbrjr Investments Llc 10 percent owner 4001 MAPLE AVE SUITE 600 DALLAS TX 75219
Kelly Michael D. officer: EVP of Finance 3762 INGOLD STREET HOUSTON TX 77005
Wr Operating Llc 10 percent owner 3811 TURTLE CREEK BLVD SUITE 550 DALLAS TX 75219
Crestview W2 Holdings, L.p. 10 percent owner 590 MADISON AVENUE 26TH FLOOR NEW YORK NY 10022
W Energy Partners Llc 10 percent owner 3811 TURTLE CREEK BLVD SUITE 550 DALLAS TX 75219
Crestview Partners Iii Gp, L.p. 10 percent owner C/O CRESTVIEW PARTNERS 590 MADISON AVENUE, 42ND FLOOR NEW YORK NY 10022
Lenz Joseph Z. director 601 CARLSON PARKWAY SUITE 990 MINNETONKA MN 55305
O'grady Nicholas L. officer: Chief Financial Officer 601 CARLSON PARKWAY SUITE 990 MINNETONKA MN 55305
Easley Roy Ernest director 1048 TEXAN TRAIL GRAPEVINE TX 76051

Northern Oil & Gas Headlines

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