GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vital Energy (FRA:8LP1) » Definitions » 14-Day RSI

Vital Energy (FRA:8LP1) 14-Day RSI : 44.06 (As of May. 12, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Vital Energy 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 (2024-05-12), Vital Energy's 14-Day RSI is 44.06.

The industry rank for Vital Energy's 14-Day RSI or its related term are showing as below:

FRA:8LP1's 14-Day RSI is ranked better than
89.08% of 1126 companies
in the Oil & Gas industry
Industry Median: 49.855 vs FRA:8LP1: 44.06

Competitive Comparison of Vital Energy's 14-Day RSI

For the Oil & Gas E&P subindustry, Vital Energy'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.


Vital Energy's 14-Day RSI Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vital Energy's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Vital Energy's 14-Day RSI falls into.



Vital Energy  (FRA:8LP1) 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.


Vital Energy  (FRA:8LP1) 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.


Vital Energy 14-Day RSI Related Terms

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


Vital Energy (FRA:8LP1) Business Description

Traded in Other Exchanges
Address
521 East Second Street, Suite 1000, Tulsa, OK, USA, 74120
Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Vital Energy (FRA:8LP1) Headlines

No Headlines