What is RSI? How to identify the buying zone?

[Jayashree]

Relative Strength Index / RSI is computed based on the speed and direction of the stock’s price movement. It ranges from 0 to 100. If the RSI is below 30 then it is buying zone.

[Gowri Santhosh]

RSI means Relative strength index by which we can identify overbought/over sold region of a stock in the chart.It is measured on a scale between 0 to 100 . If RSI is above 70 then it is over bought and less than 30, it is over sold.

When the price crosses above 30 mark, it is a good time to buy and this zone between 30 to 70 would be considered as a buying zone.

 

[Srinivas]

RSI means Relative Strength Index. Its is  technical momentum indicator that compares the magnitude of recent gains to recent losses.

[Mary]

Relative strength index. When the stock bounces back above 30 mark then it is time to buy

[Srinivasan K.S]

RSI is relative strength index and it works well with side ways movements. It will form a 70-30 zone and anything starts from the 30 zone indicates buy.

[Author]

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