Topical Terminology > Relative Strength Index
Relative strength index
For Relative strength index we have a term and definition in Coal Power.
Relative Strength Index (Coal Power) 
This has become one of the most widely used and popular of technical indicators. It was invented by Welles-Wilder, and uses a simple equation comparing the average up moves in the market to the average downmoves to give a single RSI number for a certain period. The 14-day RSI is widely used. RSIs of 20-30% tend to indicate the market is oversold, while those of 70-80% indicate it is overbought.
See more Coal Power Terms ...
Similar
Browse words that start with:
Browse All Terms by First Letter
Term Search
Looking for more topical resources?
> Feeds
> General Reference
> News Video
> Recipes
> Podcasts
> Tags
We currently have 172,616 terms and definitions across 1,105 topics.
This work is licensed under Creative Commons.
Design by NOWdesign
