Learn how to measure the magnitude of price changes in 11 minutes Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Investopedia / ...
The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100.
How the Relative Strength Index (RSI) Works As a momentum indicator, the relative strength index compares a security's strength on days when prices go up to its strength on days when prices go down.
RSI helps identify potential price reversals by using a 0-100 scale to assess if stocks are overbought or oversold. Traders utilize RSI for spotting ideal times to enter or exit trades, adjusting ...