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Technical

RSI

Relative Strength Index, a momentum oscillator that measures the speed and magnitude of price changes on a scale of 0 to 100. RSI above 70 signals overbought conditions; below 30 signals oversold. Divergence with price at Wave 5 extremes is a key signal.

RELATED TERMS

Momentum Divergence
When price makes a new high (or low) but momentum indicators (RSI, MACD) do not ...
MACD
Moving Average Convergence Divergence, a momentum indicator that shows the relat...
Divergence
A disagreement between price action and a technical indicator. Bullish divergenc...
Risk-Reward RatioAll TermsRunning Flat