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Foothills Exploration (Foothills Exploration) 14-Day RSI : 47.49 (As of Jun. 06, 2024)


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What is Foothills Exploration 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 (2024-06-06), Foothills Exploration's 14-Day RSI is 47.49.

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

FTXP's 14-Day RSI is not ranked
in the Oil & Gas industry.
Industry Median: 44.26 vs FTXP: 47.49

Competitive Comparison of Foothills Exploration's 14-Day RSI

For the Oil & Gas E&P subindustry, Foothills Exploration'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.


Foothills Exploration's 14-Day RSI Distribution in the Oil & Gas Industry

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

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



Foothills Exploration  (OTCPK:FTXP) 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.


Foothills Exploration  (OTCPK:FTXP) 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.


Foothills Exploration 14-Day RSI Related Terms

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Foothills Exploration (Foothills Exploration) Business Description

Traded in Other Exchanges
N/A
Address
2660 Townsgate Road, Suite 800, Westlake Village, CA, USA, 91361
Foothills Exploration Inc is an independent oil and gas exploration and production company. It engages in the acquisition and development of oil and natural gas properties. The firm is actively focused on acquiring producing and developmental properties in the Rockies and Gulf Coast regions. Its projects include Wind River Basin, Stagecoach Project, and Altamont-Bluebell Project.

Foothills Exploration (Foothills Exploration) Headlines