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OpenBB/website/content/terminal/reference/stocks/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 comprehensive information about the Relative Strength Index (RSI), a tool used to calculate the ratio of recent upward price movements. It details how to interpret RSI as an overbought or oversold indicator, highlights how to use it, and breaks down various parameters associated with it.
Relative Strength Index
rsi
overbought/oversold indicator
price movements
price reversal
rsi 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