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What is the Relative Strength Index (RSI)? and how it works?

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Relative Strength Index

What is the Relative Strength Index (RSI)? The Relative Strength Index (RSI) is a technical analysis tool many traders and investors use to understand how a stock or asset is performing. This means that RSI shows how strong or weak momentum is present in the stock. RSI indicator looks at past price movements to predict … Read more

How is Relative Strength Index(RSI) Calculated? (with Formula and Simple Example)

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RSI Formula and Calculation

The Relative Strength Index (RSI) is calculated using a formula that compares the average gains and losses of an asset over a set period of time. Typically, traders use a 14-day period, but this can be adjusted depending on your trading strategy. Let’s break down the formula and walk through an easy example to understand … Read more