If You’ve Ever Asked Yourself, “What Is RSI In Stocks?” This Is For You.
Relative Strength Index, or RSI, is a technical indicator commonly used by traders to assess whether a stock is overbought or oversold. The Relative Strength Index calculates the ratio of upward price movements to downward price movements over a given period of time and then plots that information on a scale from 0 to 100. The RSI indicator was developed by J. Welles Wilder, Jr. and introduced in his 1978 book, New Concepts in Technical Trading Systems.
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