The Relative Strength Index
The Relative Strength IndexDeveloped 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.