Question Details

	Username: Maria Rating: Asked to: Jun Wang Date Created: 19 May 2015
Category	25
Tag	191
Question	<p>What is the Relative Strength Index - RSI?</p>

Advice from Guru

Hello Maria,

A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It is calculated using the following formula:

RSI = 100 - 100/(1 + RS*)

*Where RS = Average of x days' up closes / Average of x days' down closes.

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