How the Relative Strength Index (RSI) Works As a momentum indicator, the relative strength index compares a security's strength on days when prices go up to its strength on days when prices go down.
Technical analysis is often misunderstood as a collection of indicators or chart patterns designed to predict price. This misconception leads many traders to overload charts with tools while ...
How the Relative Strength Index (RSI) Works As a momentum indicator, the relative strength index compares a security's strength on days when prices go up to its strength on days when prices go down.