Technically Speaking Archives

Chart Analysis

Technical Indicators & Overlays

Computerized Investing > Second Quarter 2011

The Relative Strength Index (RSI)

PRINT | | | | COMMENTS (4) | A A   Reset

by CI Staff

In this issue’s Feature article, we discuss using relative strength analysis to pick exchange-traded funds (ETFs). This is just one example of a relative strength indicator.

Another relative strength measure, the relative strength index (RSI), was developed by J. Welles Wilder in 1978. This widely used momentum indicator is called an oscillator because it moves, or oscillates, between two fixed values based on the price movement of the underlying security or index. However, the RSI is an internal measure of price strength and does not compare price action to an index or other security.

...To continue reading this article you must be a Computerized Investing Subscriber.

Gain exclusive access to this article and all of the benefits and investment education a Computerized Investing subscription offers.

SUBSCRIBE TODAY for just $24.
Log in
Already a CI subscriber? Login to read the rest of this article.

A subscription to Computerized Investing includes a monthly email and access to the CI Website, all of which aim to benefit your investing skills with respect to computers and the Internet.