Relative Strength Index evaluator uses Relative Strength Index = 100-(100/(1+(Average Gain during Up Period/Average Loss during Down Period))) to evaluate the Relative Strength Index, The Relative Strength Index is a momentum oscillator that measures the speed and change of price movements, indicating overbought or oversold conditions of a security. Relative Strength Index is denoted by RSI symbol.
How to evaluate Relative Strength Index using this online evaluator? To use this online evaluator for Relative Strength Index, enter Average Gain during Up Period (AG) & Average Loss during Down Period (AL) and hit the calculate button.