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The Relative Strength Index (RSI) is a drive oscillator that events the speed and change of price actions. It is intended to chart the present and past forte or weakness of a stock or market built on the closing prices of a recent trading period. The pointer should not be confused with comparative strength.

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The RSI oscillates between zero and 100. Usually, an RSI reading of 70 or above indicates an overbought state. A interpretation of 30 or below designates an oversold condition. However, these levels can vary depending on the security being analyzed and the time frame being used.

The RSI can be used to classify overbought and oversold conditions, which can be used as signals to buy or sell a security. However, it is vital to note that the RSI is not a guaranteed indicator and should not be used as the sole basis for making trading decisions

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