Posted by Phù Vân (136..98.176) on June 29, 2022 at 19:30:15:
In Reply to: Re: Muốn tránh mua bán hớ posted by Z on June 29, 2022 at 19:24:09:
What Does the Relative Strength Index (RSI) Measure?
The Relative Strength Index (RSI) is a measurement used by traders to assess the price momentum of a stock or other security. The basic idea behind the RSI is to measure how quickly traders are bidding the price of the security up or down. The RSI plots this result on a scale of 0 to 100. Readings below 30 generally indicate that the stock is oversold, while readings above 70 indicate that it is overbought. Traders will often place this RSI chart below the price chart for the security, so they can compare its recent momentum against its market price.
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The relative strength index 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. Wikipedia
Period: 14-day