RSI stands for Relative Strength Indicator. It is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold levels.
1. 13 Period RSI > 70 for overbought stock.
2. 13 Period RSI <> 100,000 shares.
1. 13 Period RSI > 70 for overbought stock.
2. 13 Period RSI <> 100,000 shares.
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