Relative Strength Index RSI

Relative Strength Index is a momentum oscillator that measures the magnitude of price changes over a time series to signal overbought or oversold conditions in the price of a stock or market.

RSI is an oscillator that is range bound between 0 to 100. The trend line of the RSI is visually observed as a line chart that may cycle between two extremes.

relative strength index rsi

To learn more, read Mike Shell’s observations of RSI trends for asymmetric risk-reward:

Relative Strength can be a source of conflict for Tactical Traders

Resolving Conflicts with Relative Strength