Engineering Alpha

Engineering Alpha

Use This New RSI Technique to Forecast Market Moves

Using the RSI to Forecast Reversals in TradingView

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Sep 02, 2024
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The Relative Strength Index (RSI) is a popular technical indicator used to measure the magnitude and velocity of recent price changes to evaluate overbought or oversold conditions in an asset. It’s based on the concept that when prices rise sharply, it’s likely that the asset is overbought, and when they fall sharply, it’s likely oversold.

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