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H
BestScopePeriodSample%ChangeS&P500
1
+IndustryYearTop 5
183.45%
16.51%
-IndustryYearLast 25
8.72%
16.51%
5
+GlobalYearTop 5
125.61%
16.95%
-GlobalYearLast 10
14.54%
16.95%
A
+GlobalYearTop 5
71.7%
7.88%
-GlobalYearLast 5
4.31%
7.88%

RSI Indicator

The Relative Strength Index (RSI) measures the overbought/oversold state of a stock by comparing the magnitude of recent gains to recent losses. This helps traders gauge the overbought or oversold state of the stock. RSI ranges from 0 to 100 with anything above 70 indicating a stock is overbought and below 30, oversold. Because of mean reversion, overbought and oversold stocks will eventually correct themselves. We are using a standard 14 day period.

Part of: Momentum


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