Beach Petroleum Ltd (BPT.AX) Claw Higher 9.72% For the Quarter

Beach Petroleum Ltd (BPT.AX) shares have continued their upward march, moving 9.72% higher over the past quarter. The stock has clocked in a change of -2.23% most recently for the past week.  In taking a look at recent performance, we can see that shares have moved -2.23% over the past 4-weeks, 12.86% over the past half year and 17.21% over the past full year.

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Checking in on some other technical levels, the 14-day RSI is currently at 40.28, the 7-day stands at 32.49, and the 3-day is sitting at 28.58. The RSI, or Relative Strength Index, is a commonly used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30

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