The Relative Strength Index (RSI) is a momentum indicator which is used in technical analysis.
The RSI is displayed as a line graph on a scale of zero to 100.
an RSI reading value of 70 or above indicates an overbought situation. A reading Value of 30 or below indicates an oversold condition.

RSI Range for Practice :-
When RSI is in between 60 to 80 and going up from 60 to 80 it shows Strong Buy Signal(Bullish UP Trends).
When RSI is in between 40 to 20 and going down from 40 to 20 it shown Strong Sell Signal (Bearish down Trends).
No Responses