Technical Analysis of STOCKS & COMMODITIES
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ARTICLE SYNOPSIS...THE RSI AND THE RMI
The formula for the relative strength index (RSI) is:
RSI = 100((RS/(1+RS))
where:
RS = AU/AD during the last X days
AU = Yesterday's AU - (AU/X) + today's up close or zero
AD = Yesterday's AD - (AD/X) + the absolute value of
t
ARTICLE SYNOPSIS...THE RSI AND THE RMI
The formula for the relative strength index (RSI) is:
RSI = 100((RS/(1+RS))
where:
RS = AU/AD during the last X days
AU = Yesterday's AU - (AU/X) + today's up close or zero
AD = Yesterday's AD - (AD/X) + the absolute value of
t