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The Street
The Street
By TheStreet Staff What Is the Relative Strength Index?The relative strength index (RSI) indicates whether a security, such as a stock, is overbought or oversold. It’s a technical indicator that is a part of a group of measures known as momentum oscillators, which determine whether a stock’s movement signals an opportunity to buy or sell. Another popular oscillator used by investors and analysts is the moving average. Technical indicators, in the case of stock prices with RSI, have very little to do with a company’s fundamentals (earnings, revenue, etc.) and instead focus solely on stock price…
