There are so many indicators to look at but some are more useful than others. I try to bring the indicators to you and constantly track their progress to see the trend. The RSI is an interesting one to keep your eye on. What do you think about it?
There are many economic indicators, some of which are more useful than others. We must keep our eyes peeled for new data as it becomes available and constantly add it to our knowledge base in order to keep up with the rapid changes of our environment. There are many indicators which specifically highlight whether a stock is overvalued or undervalued and much of the information is debatable. In this case, we will look at one of the best ways to determine whether a stock is overbought or oversold.
Relative Strength Index – RSI Definition & Calculation
What is RSI? – Relative Strength Index – Fidelity