A dynamic excel document to calculate trading velocity and magnitude of price movements. Used in Technical Analysis.
Warning: Last items in stock!
The RSI is classified as a momentum oscillator, measuring the velocity and magnitude of directional price movements. Momentum is the rate of the rise or fall in price. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes.
The RSI is most typically used on a 14 day timeframe, measured on a scale from 0 to 100, with high and low levels marked at 70 and 30, respectively. Shorter or longer timeframes are used for alternately shorter or longer outlooks. More extreme high and low levels—80 and 20, or 90 and 10—occur less frequently but indicate stronger momentum.
The relative strength index was developed by J. Welles Wilder.
It has become one of the most popular oscillator indices.
An RSI below 30 or less indicates a buy-signal, an RSI above 70 or higher a sell-signal.
Example stock data of Apple is included.
Also included is a profit simulation to see the effect of the variable input of the buy- and sell moments on the profit.
System requirements: windows, excel 2007 or higher.
No customer comments for the moment.