Relative Strength Index

The Relative Strength Index (RSI) is a momentum oscillator applied in technical analysis to measure the velocity and magnitude of price movements. It helps identify overbought or oversold conditions in a market, providing potential buy or sell signals. The RSI is presented on a scale of 0 to 100, with high and low levels marked at 70 and 30, respectively.

Definition / explanation

Dec 07, 2023, 19:58pm

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