Wootrader.com is moving to https://financeboards.com - sign up for a free account.

H
BestScopePeriodSample%ChangeS&P500
1
+IndustryMonthTop 25
84.48%
1.3%
-GlobalYearLast 25
2.31%
15.82%
5
+IndustryMonthTop 25
49.27%
2.07%
-GlobalYearLast 5
-12.7%
18.3%
A
+GlobalMonthTop 5
30.9%
0.63%
-GlobalYearLast 10
0.93%
6.61%

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


Locked content

This full content is available for membership level Advanced Investor or higher. You can register for a new account now.