The Relative Strength Index is the most used indicator in technical analysis and is intended to enable investors to measure the extent of price changes in stocks, commodities, cryptocurrencies and the like. It can be used to identify short-term highs and lows in the chart and the associated buy and sell signals. But how exactly does the RSI work, how is it calculated and what are the special features to consider when using the indicator? Find out the answers in our guide video – watch now and recognize trend reversals!
If you as an investor want to get more out of your money, you should take a look at the YouTube channel of our advice editors.
There you will find answers to the most important investor questions: How does stock trading work? What are swap ETFs? Where are the best securities accounts? What do you have to pay attention to when investing? Subscribe to the YouTube channel now and never miss an important video again – this way you get more out of your money!
In this video we use a practical example to explain how RSI is calculated and interpreted. In our extra tip you will also find out which assets the RSI is particularly suitable for. The finanzen.net-Ratgeber team hopes you enjoy watching!
Image Sources: Natee Meepian / Shutterstock.com
