Astra RSI
What is the RSI of Astra?
The RSI of Astra Energy Inc. is 41.67
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 Consumer Staples sector on OTC compared to Astra
What does Astra do?
Astra Energy, Inc. is an emerging company in project development and renewable energy technology. It invests in and develops renewable and clean energy projects in markets; and cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. The company was founded in 1989 and is based in San Diego, California.
Companies with rsi similar to Astra
- Prime Meridian Resources has RSI of 41.66
- Shenzhen JPT Opto-Electronics Co has RSI of 41.66
- Mattel has RSI of 41.66
- Bowl America has RSI of 41.66
- EverQuote Inc has RSI of 41.66
- OrganiGram has RSI of 41.66
- Astra has RSI of 41.67
- Stampede Capital has RSI of 41.68
- Customers Bancorp Inc has RSI of 41.68
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- Inventiva S.A has RSI of 41.68
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