Relative Strength Index (1M)
The Relative Strength Index (1M), often abbreviated as RSI(1M), is a financial metric used to measure the momentum of a company's stock price over the past month. The RSI is calculated using a formula that takes into account the average gain and loss of a stock's price over the past 30 days. Generally, an RSI value above 70 indicates a stock is overbought and may be due for a correction, while an RSI value below 30 indicates a stock is oversold and may be undervalued. The RSI(1M) is used by investors to help identify potential opportunities for buying or selling a stock.
Additional Details
| Metric Name |
Type |
Default Period Type |
| rsi_1m |
technical |
D |
| Data Format |
Display Format |
Unit |
| float |
number |
float |