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  • Relative Strength Index (Rsi) D - 26

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    DHAIRYA09
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    The Relative Strength Index (RSI) is an indicator developed by J. Welles Wilder in 1978 that oscillates between 0-100 and is used to identify overbought and oversold conditions. An RSI reading above 70 indicates that a security is overbought and below 30 indicates it is oversold. It compares bullish and bearish price momentum plotted against the graph to identify the general trend.

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    RELATIVE STRENGTH INDEX ( RSI ) D - 26

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    The Relative Strength Index (RSI) is an indicator developed by J. Welles Wilder in 1978 that oscillates between 0-100 and is used to identify overbought and oversold conditions. An RSI reading above 70 indicates that a security is overbought and below 30 indicates it is oversold. It compares bullish and bearish price momentum plotted against the graph to identify the general trend.

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    9 views1 page

    Relative Strength Index (Rsi) D - 26

    Uploaded by

    DHAIRYA09
    The Relative Strength Index (RSI) is an indicator developed by J. Welles Wilder in 1978 that oscillates between 0-100 and is used to identify overbought and oversold conditions. An RSI reading above 70 indicates that a security is overbought and below 30 indicates it is oversold. It compares bullish and bearish price momentum plotted against the graph to identify the general trend.

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    of 1

    RELATIVE STRENGTH INDEX ( RSI )

    • DEVELOPED BY J. WELLES WILDER IN 1978.


    • RSI OSCILLATES BETWEEN 0 TO 100.
    • AN RSI READING ABOVE 70 INDICATES OVERBOUGHT AND BELOW 30 INDICATES
    OVERSOLD.
    • COMPARES BULLISH AND BEARISH PRICE MOMENTUM PLOTTED AGAINST THE
    GRAPH.
    • IDENTIFY THE GENERAL TREND.
    100
    • CALCUTION ---- RSI = 100 - -------------
    1 + RS

    RS = AVERAGE GAIN / AVERAGE LOSS

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