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Relative Strength Index ( RSI )

Relative Strength Index ( RSI ) is a technical analysis indicator that measures the condition of an asset in terms of strength by applying the relation of positive and negative close values of the asset. This indicator is best used to support or refute a prediction based on other indicators. The relative strength index was developed by J. Welles Wilder who also developed other indicators that include: Average True Range, Directional Movement Indicators, Parabolic SAR, and Average Directional Index.

RSI



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