Definitions for "Relative Strength Index"
Related Terms:
Rsi, Oscillator, Oversold, Stochastics, Momentum, Overbought, Correction, Retracement, Stochastic, Trin, Stochastic oscillator, Technical rally, Commodity channel index, Advance/decline line, Bear market, Rally, Breadth, Bull market, Adx, Advance-decline line, Arms index, Reaction, Bullish, Bear , Bearish, Bull, Technical analysis, Trend, Bull trap, Breakout, Market sentiment, Pullback, Bear trap, Charting, Consolidation, Consolidation, Hedge ratio, Index arbitrage, Bear spread, Relative strength, Chartist, Resistance, Technical indicator, Detrend, Recovery, Support, Short hedge, Implied volatility, Going long, Volatility
RSI is basically a more advanced version of the basic momentum indicator....
Percentage by which a stock price rises or falls compared to a benchmark in an n-period time frame. Computed by taking a ratio of the unit value of a stock to that of a benchmark, then converting the result into a percentage. When selected as a stock screening criterion, the Stock Screener will only select stocks that have outperformed the market benchmark.
An indicator used to identify price tops and bottoms.
Developed by Welles Wilder to improve upon the classic momentum oscillator. Used as an overbought/oversold indicator and to identify divergence.
An indicator invented by J. Welles Wilder and used to determine overbought/oversold and divergences in the market.
Or RSI. A technical indicator developed by Welles Wilder. It functions as an overbought/oversold oscillator. In trending markets it's often used to identify buying opportunities during corrections in uptrends or selling opportunities during corrections in downtrends. Also used to signal divergences. Works best in non-trending markets.
Widely used measure of momentum in the markets. When the market reaches a level of 70 or higher, it is said to be "overbought" ("oversold" at 30 or less). The producer should be careful buying an overbought market, or selling an oversold market. One approach is to ignore buy and sell signals when the market is at such extremes. Resistance Planes - A horizontal plane drawn across a past high. The expectation is that the market will falter, unless the fundamental supply-demand balance changes, as it again approaches the plane. Short hedges are placed on a rally toward the plane. The most important resistance plane is the horizontal plane across the life-of-contract high.
A stock's price that changes over a period of time relative to that of a market index such as the Standard & Poor's 500, usually measured on a scale from 1 to 100, 1 being the worst and 100 being the best.
A technical indicator that measures a stock's ability to close up rather than down for a specific period of time. An oscillator invented by J. Welles Wilder that measures overbought, oversold and divergent market situations.
The RSI compares the ratio of up closes to down closes over a specified time period.
A technical analysis indicator used to compare the days that a stock finished up against when it finished down. It measures the stock's overbought/oversold conditions. Its index ranges from 0-100, with ranges above 70-80 indicate an overbought condition. Ranges below 20-30 indicate a possible oversold condition.
This has become one of the most widely used and popular of technical indicators. It was invented by Welles-Wilder, and uses a simple equation comparing the average up moves in the market to the average downmoves to give a single RSI number for a certain period. The 14-day RSI is widely used. RSIs of 20-30% tend to indicate the market is oversold, while those of 70-80% indicate it is overbought.
An oscillator that compares the price of a security relative to itself. The RSI is based upon the difference between the average of the closing price on up days vs. the average closing price on the down days over a given period. Chart Keys: Period: 14 REOFFERING — The yield at which a municipal new issue will be offered to the public. (Based on current market conditions.)
A popular oscillator developed by Wilder. RSI is plotted on a vertical scale from 0 to 100. Values above 70 are considered overbought and values below 30, oversold. When prices are over 70 or below 30 and diverge from price action, a warning is given of a possible trend reversal.
An oscillator developed by Welles Wilder. It compares the ratio of positive closes to negative closes over a specific time period. Resistance level A trading level where obvious selling keeps the prices from advancing any further.
An indicator that gives warnings about possible trend reversals. RSI is plotted on a vertical scale from 0 to 100. Values above 70 are considered to be overbought and values below 30 oversold.
The RSI is a price following oscillator. It measures the velocity at which prices are moving and attempts to address the shortcomings of basic oscillators.
See on: Wikipedia Investopedia A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It is calculated using the following formula: RSI = 100 - (100/(1 + RS)) RS = Average of x days' up closes / Average of x days' down closes
The Relative Strength Index (RSI) is a technical analysis oscillator showing price strength by comparing upward and downward close-to-close movements.