Relative strength index - A widely used index which compares a company"s share price to a broadly-based market index like the FTSE All-Share. The point of the comparison is to show whether historically the company share price outperforms or underperforms the index.Because the RSI is a ratio, it will increase as a share moves higher relative to the market, and decrease as the share moves lower relative to the market. Its main use is to enable investors to avoid shares that have a history of relative underperformance and to chose those that have a history of relative outperformance.In commercial charts, the RSI is usually superimposed on the bottom third of the share price chart, or sometimes in its own box underneath the main chart.
Relative strength index : a widely used index which compares a company"s share price to a broadly-based market index like the ftse all-share. the point of the comparison is to show whether historically the company share price outperforms or underperforms the index.because the rsi is a ratio, it will increase as a share moves higher relative to the market, and decrease as the share moves lower relative to the market. its main use is to enable investors to avoid shares that have a history of relative underperformance and to chose those that have a history of relative outperformance.in commercial charts, the rsi is usually superimposed on the bottom third of the share price chart, or sometimes in its own box underneath the main chart.
Relative strength index