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Relative Strength Index (RSI) is an indicator of price momentum, and its values range from 0 to 100. The number helps gauge whether the price of a stock is on the rise or on the decline .
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.
These indicators are used to help assess whether an asset is trending, and if it is, the probability of its direction and of continuation. Technicians also look for relationships between price/volume indices and market indicators. Examples include the moving average, relative strength index and MACD.
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 .
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After strong back-to-back years for the stock market, investors are fixated on whether the bull rally will extend into 2025. ... "In December, the S&P 500 Index (SPX) nearly met a measured move ...
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