Jun 27, 2022
2 min read
What mean RSI indicator in the technical analyse ?
RSI=Relative Strength Index
As a momentum indicator, the Relative Strength Index (RSI) comes with its own scale. Momentum is the pace of price change. One line that runs from 0 to 100 indicates overbought and undersold conditions in the market. A market that is overbought has a value more than 70, whereas a market that is oversold has a value less than 30…
