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REKT
April 30, 2020
Relative Vigor Index
April 30, 2020

Relative Strength Index

Published by TradersColo at April 30, 2020
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    The relative strength index (RSI) is a momentum indicator for technical analysis. It measures the movement in the strength of prices and evaluates overbought and oversold conditions in the price of a financial instrument. It is displayed as a price oscillator, reading from 0 to 100.

    Values of 70 or above suggest overbought or overvalued and hence selling whereas values around 30 or below suggest oversold or undervaluation hence buying.

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