rsi

Popular trading indicators: Relative Strength Index (RSI)

Popular trading indicators: Relative Strength Index (RSI)

Relative Strength Index (RSI) is a momentum indicator that compares the size of the latest gains with the biggest loss in a given period. RSI is usually used to assess whether a market is overbought or oversold. Calculating RSI on a day graph is based on the following formula: RSI…
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