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SilverBow Resources (SilverBow Resources) 5-Day RSI : 57.11 (As of Apr. 26, 2024)


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What is SilverBow Resources 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 (2024-04-26), SilverBow Resources's 5-Day RSI is 57.11.

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

SBOW's 5-Day RSI is ranked better than
67.48% of 1113 companies
in the Oil & Gas industry
Industry Median: 48.44 vs SBOW: 57.11

Competitive Comparison of SilverBow Resources's 5-Day RSI

For the Oil & Gas E&P subindustry, SilverBow Resources'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.


SilverBow Resources's 5-Day RSI Distribution in the Oil & Gas Industry

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

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



SilverBow Resources  (NYSE:SBOW) 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.


SilverBow Resources  (NYSE:SBOW) 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.


SilverBow Resources 5-Day RSI Related Terms

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SilverBow Resources (SilverBow Resources) Business Description

Traded in Other Exchanges
Address
920 Memorial City Way, Suite 850, Houston, TX, USA, 77024
SilverBow Resources Inc is an independent oil and gas company. The company is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas. The company's acreage position in each of its operating areas is highly contiguous and designed for optimal and efficient horizontal well development. Its reported oil and gas sales are comprised of revenues from oil, natural gas and natural gas liquids sales. Majority of revenue is generated from Webb County Gas field.
Executives
Strategic Value Partners, Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Gabriel L Ellisor director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
William Eric Schultz officer: Controller 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Charles W Wampler director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Christopher M Abundis officer: EVP, CFO, GC & Sec'y 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Michael Duginski director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Sean C Woolverton director, officer: CEO 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Jennifer M Grigsby director 6100 N WESTERN AVENUE, POST OFFICE BOX 18496, OKLAHOMA CITY OK 73154-0496
Kathleen S Mcallister director DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Victor Khosla director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii-a Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Kimmeridge Energy Management Company, Llc 10 percent owner 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Steven W Adam officer: EVP and COO 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024