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RSI Indicator

The Relative Strength Index (RSI) is a tool that helps you understand a stock's price momentum by showing a graph with values between 0 and 100.

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RSI

The custom Trade 1348 RSI provides useful information:

  • Green: If the RSI crosses its moving average upwards, it can suggest a bullish price momentum shift.
  • Red: If the RSI crosses its moving average downwards, it can indicate a bearish price momentum shift.
  • Orange: If the RSI is above 70 (overbought) or below 30 (oversold), it might signal a price reversal.
  • Midpoint (50): A break above or below 50 can hint at a trend change in that direction.

Overbought​

RSI

Oversold​

RSI

Use this RSI alongside other indicators for better trading decisions.