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rsi OpenBB Terminal Function

rsi

The Relative Strength Index (RSI) calculates a ratio of the recent upward price movements to the absolute price movement. The RSI ranges from 0 to 100. The RSI is interpreted as an overbought/oversold indicator when the value is over 70/below 30. You can also look for divergence with price. If the price is making new highs/lows, and the RSI is not, it indicates a reversal.

Usage

usage: rsi [-l N_LENGTH] [-s N_SCALAR] [-d N_DRIFT]

Parameters

Name Description Default Optional Choices
n_length length 14 True None
n_scalar scalar 100 True None
n_drift drift 1 True None