← Glossary
RSI
RSI compares the size of recent gains to recent losses over a lookback period (14 bars by default) and expresses the result on a 0–100 scale. Readings are commonly read against 70 and 30 as informal reference lines for how stretched a move looks — RSI measures momentum, not a signal to act on by itself.
This explains what rsi measures. It isn't investment advice — see the disclaimer.