Technical Analysis of STOCKS & COMMODITIES
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Article Archive For Francois Bertrand
DownloadRSI Bands by Francois Bertrand
ARTICLE SYNOPSIS ...RSI Bands by Francois Bertrand In this twist on the traditional relative strength index, find out how it can be used as a visual analytical tool and with other technical indicators. The relative strength index (RSI) is a popular indicator to evaluate if a stock is overbought or oversold. However, its values range from zero to 100 and must be evaluated in a separate window, making its correlation with price and trends more difficult than other indicators that are overlaid directly on price charts such as the Bollinger bands. In this article I present a way of calculating RSI bands, which tra...
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