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What is RSI Indicator
Basically RSI stands for Relative Strength Indicator. This is very powerful tool for measuring the strength of stock for last 14 days it indicates that the particular stock is in overbought zone or in oversold zone. In this indicator we use RSI Line. The RSI line can move between 0 and 100. If the RSI Line is below 30 that means the stock is in oversold zone and it is very bullish to buy. If the RSI Line is above the 70 that means the stock is in overbought zone and in that time there is chance to correct the stock, simply means you can exit the particular stock. How to use the RSi Indicator ? I am showing you to the use of RSI Indicator on investing.com, you can use it on your platform also, steps for using RSI Indicator are following on investing.com. 1. Open the investing.com url in your Chrome browser. 2. Type the name of your company in the search tab of investing.com, select your company in drop-down menu. 3. Click On the chart tab, set up to the full view of the...
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