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Tagged: RSI
relative strength index <span style=”color: #111111; font-family: gandhiserif-regular-webfont, Helvetica, Arial, Verdana, sans-serif; font-size: 17px; line-height: 25.5px; -webkit-text-stroke-width: 0.15px;”>creating false buy or sell signals.</span>
RSI is a number calculated value for a stock & ranges from 0 to 100.
Buying zone is the area in which the RSI value crosses the 30 mark from lesser values.
RSI (Relative Strength Index) is a technical indicator . RSI =100-100/(1+RS) .
Buying zone is when the RSI crosses 30 mark as upward trend .
RSI – Relative Strength Index
It is a non-trending indicator.
If RSI cross upside 30 buying of stocks takes place.
RSI stands for Relative strength index. When the RSI value raises above 30, then it can considered as buying zone
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