Relative Strength Index (RSI)

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I would like to improve my buying and selling stocks. To do this, I understand that one factor could be referring to the Relative Strength Index (RSI). What has your experience been like in referring to the RSI for selling when over 70 and buying when under 30? In other words, how much weight should I put on RSI for buying/selling stocks?…….Thanks for your insights…Tom

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Asked on May 7, 2023 1:04 pm
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Thanks for the very good RSI article...yes, Fundamentals first for sure.....Tom

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Posted by Tom Millar
Answered on May 8, 2023 12:49 pm
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Hey there Tom. This is an old article, but still an outstanding one when it comes to Relative Strength Index and how to utilize it. It's a newsletter piece from 2020 here.

https://www.stocktrades.ca/premium/how-to-use-the-rsi-to-make-better-investment-decisions/

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Posted by Dan Kent
Answered on May 8, 2023 7:28 am