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.
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
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