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What Is The Relative Strength Index (RSI) In Stocks?

Relative Strength Index

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.

Everything you need to know about the RSI.

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