Relative Strength(RS) has emerged as one of the most sought-after indicators by Indian #traders. But, what makes it so special? 👇
In simple terms, Relative Strength refers to the measure of the price #trend of a #stock, compared to its Benchmark index/Sectoral Index👇
Indexes like #Nifty, #Sensex, or Sectors like #Banking, Automobiles, can be used. The data can be of a period of 55 days, for example, 👇
RS is calculated by dividing the percentage #price change of a stock over a specified period day by the percentage change of a #market index or sector over the same period👇
RS may also be used to compare two companies in the same industry or index👇
Read more on RS using our blogpost here: sedg.in/jhezvg4y 👇 
With StockEdge, you can filter out #stocks that are Strongly Outperforming the Benchmark/Sector Index sedg.in/4l5pr7ua 👇
For example, Stocks that have a Relative Strength of more than 30 are shown here under "Strongly Outperforming Benchmark Index" 👇
The "Increasing Relative Strength" filter picks out stocks where the RS is above 0 and is increasing for the last three days sedg.in/4xistzwg
To know more about Relative Strength in practical #trading, attend these EXCLUSIVE webinars by Premal Parekh: sedg.in/qn8p4y35
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