The relative strength index (RSI) is a technical indicator used to indicate when market conditions areor . When these signals occur, a trader can use them to look for pullbacks or .
It is calculated by averaging the number of up and down periods, as a way of showing the underlying relative strength.
When the RSI reaches 30, it signals an “oversold” What are value stocks? A value company is a company that app... More
When the RSI reaches 70, it signals an “overbought” market.
The RSI indicator is usually displayed underneath a chart pattern for clearer analysis.
To learn more about the RSI and how other Indicators In technical analysis, an indicator is a tool th... More help determine What is price action in trading? Price action describes the ... More, visit: