Mosman Oil and Gas RSI
What is the RSI of Mosman Oil and Gas?
The RSI of Mosman Oil and Gas Limited is 43.32
What is the definition of RSI?
The relative strength index (RSI 14) is a momentum indicator that compares the magnitude of gains and losses over a specified time period to measure speed and change of price movements of a security.
14-day period
It is used to identify overbought or oversold conditions in the trading of an asset. It oscillates between 0 and 100 and a stock is considered overbought when the RSI is above 70 and oversold when below 30. The relative strength index (RSI) is typically used on a 14-day timeframe and is calculated according to the formula 100 - [ 100 / (1 + RS)] where RS is the ratio of average gain to average loss. In the calculation of average gain and loss for a certain period, taking the prior value plus the current value is a smoothing technique similar to that used in calculating an exponential moving average. This also means that RSI values become more accurate as the calculation period extends.
Sudden large price movements can create false buy or sell signals in the RSI. The RSI is often used in conjunction with trend lines, as trend line support or resistance often coincides with support or resistance levels in the RSI reading. Watching for divergence between price and the RSI indicator is another means of refining its application. Divergence occurs when a security makes a new high or low in price but the RSI does not make a corresponding new high or low value. Bearish divergence, when price makes a new high but the RSI does not is taken as a sell signal. Bullish divergence that is interpreted as a buy signal occurs when price makes a new low, but the RSI value does not.
RSI of companies in the Energy sector on LSE compared to Mosman Oil and Gas
What does Mosman Oil and Gas do?
Mosman Oil and Gas Limited engages in the exploration, development, and production of oil and gas projects in Australia and the United States. The company holds a 100% interest in the Amadeus Basin in central Australia; and holds interests in the Arkoma, Stanley, Greater Stanley, Challenger, Champion, and Baja oil and gas producing assets in the United States. It has a strategic partnership with Baja Oil and Gas LLC. The company was formerly known as Mosman Minerals Limited and changed its name to Mosman Oil and Gas Limited in December 2012. Mosman Oil and Gas Limited was founded in 2011 and is headquartered in Sydney, Australia.
Companies with rsi similar to Mosman Oil and Gas
- DermTech has RSI of 43.31
- Oeneo SA has RSI of 43.31
- Rail Vikas Nigam has RSI of 43.31
- WELL Health Technologies has RSI of 43.31
- Haynes International has RSI of 43.31
- TIM Participações SA has RSI of 43.31
- Mosman Oil and Gas has RSI of 43.32
- York Water Co has RSI of 43.33
- Arrow has RSI of 43.33
- Carver Bancorp has RSI of 43.33
- Smooth Rock Ventures has RSI of 43.33
- Shreyans Industries has RSI of 43.33
- Randstad NV has RSI of 43.33