The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength. The RSI is classified as a momentum o...
Found on
http://en.wikipedia.org/wiki/Relative_strength_index
Used in technical analysis, it is a measure of the number of days a stock increases in value relative to the number of days it decreases in value. The rule of thumb is that values over 70 suggest overvaluation and hence selling where as values around 30 suggest undervaluation or buying. Of course, this indicator completely ignores all fundamental i...
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosr.htm
A widely used index which compares a company's share price to a broadly-based market index like... <a target=_blank href='http://www.finance-glossary.com/terms/relative-strength-index.htm?id=1745&ginPtrCode=00000&PopupMode=false' title='Read full definition of relative strength index'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
No exact match found.
