GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MVV Energie AG (XTER:MVV1) » Definitions » 14-Day RSI

MVV Energie AG (XTER:MVV1) 14-Day RSI : 45.20 (As of May. 14, 2024)


View and export this data going back to 1999. Start your Free Trial

What is MVV Energie AG 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 (2024-05-14), MVV Energie AG's 14-Day RSI is 45.20.

The industry rank for MVV Energie AG's 14-Day RSI or its related term are showing as below:

XTER:MVV1's 14-Day RSI is ranked better than
76.38% of 580 companies
in the Utilities - Regulated industry
Industry Median: 56.185 vs XTER:MVV1: 45.20

Competitive Comparison of MVV Energie AG's 14-Day RSI

For the Utilities - Diversified subindustry, MVV Energie AG'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.


MVV Energie AG's 14-Day RSI Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MVV Energie AG's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where MVV Energie AG's 14-Day RSI falls into.



MVV Energie AG  (XTER:MVV1) 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.


MVV Energie AG  (XTER:MVV1) 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.


MVV Energie AG 14-Day RSI Related Terms

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


MVV Energie AG (XTER:MVV1) Business Description

Traded in Other Exchanges
Address
Luisenring 49, Mannheim, BW, DEU, 68159
MVV Energie AG is an energy company. Its business comprises energy generation, energy trading, and energy distribution via proprietary grids through to sales and energy-related services. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The majority of the company's revenue is generated from Customer Solutions segment which includes the energy and water retail and wholesale businesses. Geographically, the company is focuses on Germany, which is its key revenue generating market and the United Kingdom.

MVV Energie AG (XTER:MVV1) Headlines

No Headlines