Relative Strength Indicator

A stocks Momentum refers to its speed or velocity in price changes.
True
False
An Oscillator is..
a form of indicator that tells when a market is performing as expected
a form of indicator that tells when a market has reached an extreme high or low making it vulnerable to a correction
a power ranger
What is the main purpose of the Relative Strength Indicator
Determine if a stock is being overbought or oversold
Determine if a stock is being oversold but can't determine if it is being overbought
Test your physical fitness
If a stock is oversold it signals that it is being overvalued
True
False
The RSI ranges from 1-99
False
True
Generally speaking if a stock receives and RSI of 75 it is..
Overbought
Oversold
0
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