RSI: strength and stretch
The Relative Strength Index (RSI) compares the size of recent up-moves with recent down-moves and turns it into a number from 0 to 100. The standard setting is 14 periods.
RSI = 100 − 100 ÷ (1 + RS), where RS = average gain ÷ average loss over the period.
🔒
Sign in to read the full lesson
GoldBot Academy is free. Create an account or sign in to read every lesson, take the quizzes, save your progress and earn certificates, on the website and in the app.
- 🔒 Three ways to read it
- 🔒 Overbought is not "sell"
- 🔒 Key takeaways and quiz
GoldBot Academy is free education. Nothing here is financial advice; trading carries a high risk of loss.