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Mistango River Resources (XCNQ:MIS) 14-Day RSI : 44.95 (As of May. 27, 2024)


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What is Mistango River Resources 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 (2024-05-27), Mistango River Resources's 14-Day RSI is 44.95.

The industry rank for Mistango River Resources's 14-Day RSI or its related term are showing as below:

XCNQ:MIS's 14-Day RSI is ranked better than
67.75% of 2732 companies
in the Metals & Mining industry
Industry Median: 49.755 vs XCNQ:MIS: 44.95

Competitive Comparison of Mistango River Resources's 14-Day RSI

For the Other Industrial Metals & Mining subindustry, Mistango River Resources'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.


Mistango River Resources's 14-Day RSI Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mistango River Resources's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Mistango River Resources's 14-Day RSI falls into.



Mistango River Resources  (XCNQ:MIS) 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.


Mistango River Resources  (XCNQ:MIS) 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.


Mistango River Resources 14-Day RSI Related Terms

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Mistango River Resources (XCNQ:MIS) Business Description

Traded in Other Exchanges
N/A
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Mistango River Resources Inc is a Canadian-based junior mining and exploration company. The principal business of the company is the acquisition and exploration of mineral properties. The company owns an interest in Baldwin Property, Goldie Property, Kirkland West Property, Omega Property, and Sackville Property.
Executives
James William Spratt Senior Officer

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