The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to analyze ...
How the Relative Strength Index (RSI) Works As a momentum indicator, the relative strength index compares a security's strength on days when prices go up to its strength on days when prices go down.
We had no trade exits last week, so in lieu of an Exits post, let’s talk about a technical indicator. One of the indicators that made the materials stock in our Friday trade alert attractive was its ...
If you’ve spent any time charting the markets, you’ve undoubtedly faced the “false signal” problem. You follow one indicator, only to have the trade quickly reverse, leaving you frustrated and ...
In trading on Friday, shares of the ProShares UltraPro QQQ ETF (Symbol: TQQQ) entered into oversold territory, changing hands as low as $48.9203 per share. We define oversold territory using the ...
Lennar (LEN) has been beaten down lately with too much selling pressure. While the stock has lost 6.8% over the past four ...
Intraday trading is a demanding, fast-paced trading method where stocks are bought and sold on the same day. To succeed, traders must make quick decisions and accurately analyze the market. Using ...
RSI helps identify potential price reversals by using a 0-100 scale to assess if stocks are overbought or oversold. Traders utilize RSI for spotting ideal times to enter or exit trades, adjusting ...