RSI is used to indicates overbought Above 70% and oversell Below 30%.
If the Difference between Price and Indicator then it is called divergence.
RSI is used to identify non-trending zone if the price respects RSI.
TATAMOTORS – RSI – TATAMOTORS
RSI is used to indicates overbought Above 70% and oversell Below 30%.
If the Difference between Price and Indicator then it is called divergence.
RSI is used to identify non-trending zone if the price respects RSI.