RSI
Relative Strength Index
Technical AnalysisA momentum oscillator that measures the speed and magnitude of recent price changes. Oscillates between 0 and 100.
Formula
RSI = 100 - [100 / (1 + (Average Gain / Average Loss))]
Why it matters
RSI above 70 suggests overbought (potential selling opportunity). Below 30 suggests oversold (potential buying opportunity). Use with other indicators.
Indian example
Related terms
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