Rsi

[agvamihuuzo]

Rsi
by greencat
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The RSI ranges from 0 to 100, but a stock is considered overbought if it reaches the 70 level, meaning that you should consider selling. When it is a true bull market, an RSI of 80 might be a better level since stocks often trade at higher valuations. Likewise, if the RSI approaches 30, it is a strong buying indicator (20 in a strong bear market).



The RSI is a big tool in momentum trading. The RSI can help you make some serious money, but be forewarned, it isn't a decision maker. Big surges and drops in stocks will effect the RSI, but it could just be a false buy or sell. The RSI is best used as a valuable compliment to your other stock picking tools.


greencat:notes
When looking at the RSI I want to see if the chart has a history of moving up when it hits a certain level and falling when to high. Some charts are a predictable buy their RSI history patterns bottom and peak on a regular basis.

NEVER USE USE THE RSI AS YOUR ONLY INDICATOR.

[aiywqexr47]

RSI Basics (Relative Strength Index)


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[Angeladom]

Have anybody tried to use (RSI(2)) with levels 10 and 90?

[AlfredoMl]

You may find the best RSI settings based on your stock scan at

RSI Trading System

If you do not see your stock in the list or the scan date is to old, submit a new system scan.