RSI Indicator Stocks Strategy Summary
Summary of RSI indicator:
The RSI indicator is one of the most widely & commonly used stocks technical indicators available. RSI technical indicator is a momentum oscillator with some stocks trend following characteristics.
RSI is one of the most popular stocks indicators used in stocks technical analysis and it used to generate stock trading signals using crossover trading strategy.
RSI indicator plots the divergence and convergence of stocks charts patterns. The RSI is constructed using chart stocks price movements. The RSI indicator is used to determine if:
The stocks prices are closing lower than where they opened - RSI indicator below 50 center line mark or
The stocks prices are closing higher than where they opened - RSI indicator above 50 center line mark
RSI Stock Indicator Trading Strategies