RSI

RSI

/ˌɑːr ɛs ˈaɪ/

📊 Technical Analysis

relative strength index — a momentum oscillator measuring the speed and magnitude of recent price changes, scaled 0 to 100

An RSI above 70 indicated the stock was overbought and potentially due for a pullback.

Origin: Developed by J. Welles Wilder Jr. in 1978; relative + strength + index