Definitions for "Relative Strength Index"
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.