RSI indicates when a particular stock is over bought or over sold. It is an oscillator indicator and it oscilates between 30-70, if it crosses below 30 it means Over sold and if crosses 70 it means over bought purchase.
Relative Strength Indicator
RSI indicates when a particular stock is over bought or over sold. It is an oscillator indicator and it oscilates between 30-70, if it crosses below 30 it means Over sold and if crosses 70 it means over bought purchase.