Relative Strength Index (7D)
The Relative Strength Index (7D) is a popular technical indicator used by investors and analysts to measure the momentum of a stock. It is calculated over a period of 7 days and is based on the price of the stock over that time frame. The Relative Strength Index (7D) compares the magnitude of gains against the magnitude of losses over a set period of time, typically 7 days, and generates a value between 0 and 100. A value above 70 is considered overbought, while a value below 30 is considered oversold. The Relative Strength Index (7D) is used by investors to identify potential buying and selling opportunities.
Additional Details
Metric Name |
Type |
Default Period Type |
rsi_7d |
technical |
D |
Data Format |
Display Format |
Unit |
float |
number |
float |