Relative Strength Index (3M)
The Relative Strength Index (3M) is a financial metric that measures the momentum of a company's stock price over a period of 3 months. It is calculated based on the ratio of the average gains to the average losses over that period, and ranges from 0 to 100. A reading above 70 indicates that the stock is overbought and may be due for a correction, while a reading below 30 indicates that the stock is oversold and may be a buying opportunity. Thus, the RSI (3M) can be used as an indicator of the strength and direction of a company's stock price trend.
Additional Details
| Metric Name |
Type |
Default Period Type |
| rsi_3m |
technical |
D |
| Data Format |
Display Format |
Unit |
| float |
number |
float |