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The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.
Brent crude, the international benchmark, was higher by 1.56% to $74.20 a barrel. Gold was higher by 0.16% to $2,734.50 an ounce. The 10-year Treasury yield jumped 11 basis points to 4.188%.
During the first month after Election Day in November, the S&P stock index rose a nifty 5.3%.Investors cheered incoming President Donald Trump, who promised fiscal stimulus in the form of tax cuts ...
Relative strength is a ratio of a stock price performance to a market average (index) performance. [1] It is used in technical analysis . It is not to be confused with relative strength index .
The true strength index (TSI) is a technical indicator used in the analysis of financial markets that attempts to show both trend direction and overbought/oversold conditions.
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The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the Nasdaq Financial-100.