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What is Relative Strength Index (RSI)?

The Relative Strength Index (RSI) is a momentum indicator that measures the speed and magnitude of recent price changes.

RSI values range from 0 to 100.

Common interpretations include:

  • Above 70: Potentially overbought
  • Below 30: Potentially oversold

Traders commonly use RSI alongside other forms of analysis rather than as a standalone signal.