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The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.
Relative Strength Index (RSI) is an indicator of price momentum, and its values range from 0 to 100. The number helps gauge whether the price of a stock is on the rise or on the decline .
Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data. Stock market today: Indexes slip after the best day for stocks since November Skip ...
US stocks traded mostly lower on Monday, retreating from last week's record highs. While the Nasdaq 100 rose slightly, the Dow Jones Industrial Average declined by nearly 350 points.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Relative strength is a ratio of a stock price performance to a market average (index) performance. [1] It is used in technical analysis . It is not to be confused with relative strength index .