The Relative Strength Index

The Relative Strength Index
Developed away J. welles Wilder, do momentum oscillator a well know measures the speed and  transformation of price action. The RSI oscillates in bounded by zero and 100. Traditionally the RSI do studied oversold when below 30 and overbought when above 70. Signals could be bring about away looking for divergences and breakdown swings. RSI can also be continue to identify the general trend.