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← Glossary · Charts and indicators

RSI (Relative Strength Index)

An indicator from 0 to 100 showing whether a price has risen or fallen unusually strongly lately.

The RSI compares price gains with price losses over recent days, usually 14. Values below 30 are considered "oversold": the price has fallen hard in a short time. Values above 70 are considered "overbought".

Oversold does not mean the price will turn at once; in strong downtrends the RSI can stay low for a long time. It gets more interesting when the RSI climbs back out of the oversold zone. DipCatcher uses the RSI as one of several floor checks.

Related terms

Not investment advice. Investing carries risk up to total loss.