To calculate the RSI, one must first determine positive and negative price changes. The RSI ranges from 0 to 100, with values above 70 indicating overbought conditions and below 30 indicating oversold conditions. Welles Wilder in 1978 to help traders identify trends and determine overbought or oversold market conditions. The Relative Strength Index (RSI) is a momentum indicator in technical analysis that measures the momentum of stock price changes.
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