What is Relative Strength Index in Stock Market?

Relative strength Index ( RSI ) is a technical analysis indicator developed by J. Welles Wilder. It is a momentum indicator which measures the speed of the change in price movements. RSI oscillates between 0 to 100. Traditionally ranges for this banded indicator is 70-overbought zone and 30-oversold zone . Signals are also generated by identifying divergences , centre line crossovers and also trend analysis.
Read the full article here: Relative Strength Index

Related Video