Stock Trading and Other Things

Hot Stocks image - rsi gif -  Stock Trading and Other Things
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rsi gif

rsi gif

Summary: Strength Index is a technical indicator used to find when a stock has been oversold or overbought The RSI is usually plotted below the chart and its number always ranges from 0 to 100 As you can see from the chart above the RSI is highlighted when it is above 80 and when it is below 20 The reason for this is that these are two important areas for the RSI Any move

Image Dimensions: 464 x 335

Image originally found here.