Momentum Indicator

RSI

The RSI (Relative Strength Index) Indicator is a technical analysis tool used to measure the strength of price movements and determine overbought or oversold conditions. It is calculated using the average gain and loss of an asset over a specified period of time. The RSI indicator ranges from 0 to 100, with readings of 70 or above indicating overbought conditions and readings of 30 or below indicating oversold conditions.

The RSI Indicator is a leading indicator, as it can provide early signals of potential trend reversals or price movements. It is commonly used by traders to identify entry and exit points for their trades.

Scroll to Top