Discover and read the best of Twitter Threads about #RSI

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[1] RSI Divergence is a tool that could also help in knowing potential reversals in the market by comparing RSI movement with the direction of the market trend. Divergence is of two kinds- bullish and bearish. A bullish divergence occurs when the market is on a downward trend..
[2] but the RSI indicator for the same period shows an upward trend. To understand how this works, we first need to understand 4 crucial terms. Higher high(HH), Higher low(HL), Lower low(LL), lower high(LH). HH and HL occur during an uptrend. A HH is the peak formed when the..
[3] ..prices are rising. HL is the highest low price that the security could achieve. It means that when the price is rising but it retraces a little bit to form the peak, the lowest point of the retracement could form. If you see Period 1, HL is formed before HH.
Read 7 tweets
[1]Relative Strength Index (RSI) is a MA technical analysis indicator that measures the performance of current prices relative to its past prices. It is essentially a line graph that oscillates between the values of 0 and 100 and it is measured over a period of 14 days (default).
[2] We can calculate RSI using the formula in the image. This means that when the current prices are lower than the prices observed in the past 14 periods on average, RSI is lower. Similarly, when current prices are higher, RSI is higher.
[3] When RSI is 0, the Average Gain= zero which means prices moved lower all 14 periods. There were no gains to measure. RSI is 100 when the Average Loss equals zero. This means prices moved higher all 14 periods. There were no losses to measure.
Read 10 tweets
C'est parti pour #DIMPOL sur #France3 ! Suivez le live-tweet !
Le changement climatique est commencé. Il faut réfléchir sérieusement à ce qui vient de nous arriver avec #Irma. #DIMPOL #France3
Il faut une commission d'enquête parlementaire pour évaluer si on s'est bien préparés à l'arrivée d'#Irma. #DIMPOL #France3
Read 25 tweets

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