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OpenBB/website/content/terminal/reference/etf/ta/rsi.md
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Co-authored-by: jose-donato <zmcdonato@gmail.com>
Co-authored-by: jose-donato <43375532+jose-donato@users.noreply.github.com>
Co-authored-by: andrewkenreich <andrew.kenreich@gmail.com>
2023-10-30 21:01:29 +00:00

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title, description, keywords
title description keywords
rsi This page provides detailed information about the Relative Strength Index (RSI), including its calculations, interpretation and usage. It also explains the various parameters involved and how to modify them.
RSI
Relative Strength Index
overbought
oversold
indicator
price movement
divergence
reversal
parameters
n_length
n_scalar
n_drift

import HeadTitle from '@site/src/components/General/HeadTitle.tsx';

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

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

rsi