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RSI stands for the Relative Strength Index. It is a common technical indicator that you can use to classify stock price levels either as overbought or oversold.
RSI can take any number between 0 and 100. An RSI value above 70 shows that people are overbuying given security.
On the other hand, an RSI value of less than 30 shows that people are overselling the security.
For more, download our stock market education app - https://bit.ly/34us7OL
By Stock PathshalaRSI stands for the Relative Strength Index. It is a common technical indicator that you can use to classify stock price levels either as overbought or oversold.
RSI can take any number between 0 and 100. An RSI value above 70 shows that people are overbuying given security.
On the other hand, an RSI value of less than 30 shows that people are overselling the security.
For more, download our stock market education app - https://bit.ly/34us7OL